Form990


Department of the TreasuryInternal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
MediumBullet Do not enter social security numbers on this form as it may be made public.
MediumBullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
A For the 2021 calendar year, or tax year beginning 07-01-2022 , and ending 06-30-2023
BCheck if applicable:
CName of organization
Trustees of Tufts College
 
 
Doing business as
Tufts University
 
Number and street (or P.O. box if mail is not delivered to street address)
80 George Street Attn Tax Dept
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Medford, MA02155
D Employer identification number

04-2103634
E Telephone number

G Gross receipts $ 3,006,463,198
F Name and address of principal officer:
Sunil Kumar President
80 George Street Attn Tax Dept
Medford,MA02155
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
www.tufts.edu
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. See instructions.
H(c)
Group exemption number MediumBullet  
K Form of organization:  
L Year of formation: 1852
M State of legal domicile: MA
Part I
Summary
Activities  & Governance 1 Briefly describe the organization’s mission or most significant activities: Education and Research
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 41
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 39
5 Total number of individuals employed in calendar year 2021 (Part V, line 2a) ...... 5 13,151
6 Total number of volunteers (estimate if necessary) ............. 6 0
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 2,182,698
b Net unrelated business taxable income from Form 990-T, Part I, line 11 ......... 7b 0
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 356,701,854 341,596,825
9 Program service revenue (Part VIII, line 2g) ......... 902,959,538 938,845,352
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 173,303,517 58,744,799
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 178,263 -96,527
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 1,433,143,172 1,339,090,449
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 209,521,719 215,359,131
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) 626,827,743 697,679,355
16a Professional fundraising fees (Part IX, column (A), line 11e) ..... 1,884,531 1,826,405
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet27,834,126    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 414,338,183 408,136,683
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 1,252,572,176 1,323,001,574
19 Revenue less expenses. Subtract line 18 from line 12....... 180,570,996 16,088,875
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 4,549,997,073 4,585,938,808
21 Total liabilities (Part X, line 26)............. 1,291,271,782 1,257,130,697
22 Net assets or fund balances. Subtract line 21 from line 20..... 3,258,725,291 3,328,808,111
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 MediumBullet

Firm's EIN MediumBullet
Firm's address MediumBullet



Phone no.
May the IRS discuss this return with the preparer shown above? (see instructions) ..........
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y Form 990 (2021)
Form 990 (2021)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III..............
1
Briefly describe the organization’s mission: SEE SCHEDULE 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 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 $ 696,774,360 including grants of $ 181,670,197 ) (Revenue $ 804,705,831 )
INSTRUCTION - DURING THE 2022-2023 ACADEMIC YEAR, THE FOLLOWING DEGREES WERE CONFERRED: 1,648 UNDERGRADUATE, 1,804 GRADUATE, 573 PROFESSIONAL AND 204 CERTIFICATE.
4b (Code:   ) (Expenses $ 326,232,573 including grants of $ 33,688,934 ) (Revenue $ 127,094,389 )
RESEARCH -THERE WERE 1,138 GOVERNMENT AND 707 NON-GOVERNMENT GRANTS ACTIVE IN FISCAL YEAR 2023. SPONSORED RESEARCH AT TUFTS WAS PERFORMED IN THE MEDICAL, DENTAL, AND VETERINARY SCHOOLS AS WELL AS IN THE BASIC SCIENCE DEPARTMENTS OF ARTS & SCIENCE & ENGINEERING. RESEARCH IS ALSO BEING PERFORMED AT THE USDA HUMAN NUTRITION RESEARCH CENTER ON AGING. ALSO, CLINICAL AND OTHER RESEARCH ACTIVITIES INCLUDE 27 CLINICS THAT ARE OPERATED BY THE DENTAL AND VETERINARY SCHOOLS TO TRAIN STUDENTS AND SUPPORT THEIR RESEARCH. OTHER EDUCATIONAL ACTIVITIES INCLUDE, AMONG OTHERS, VETERINARY SCHOOL NEWSLETTERS AND CONTINUING EDUCATION PROGRAMS FOR HEALTH SCHOOL PROFESSIONALS.
4c (Code:   ) (Expenses $ 106,038,920 including grants of $   ) (Revenue $ 6,535,600 )
AUXILIARY ENTERPRISES - ACTIVITIES PRIMARILY CONSIST OF SERVICES FOR STUDENTS, INCLUDING STUDENT HOUSING, DINING SERVICES AND HEALTH SERVICES. DURING THE 2023 FISCAL YEAR THERE WERE 54 RESIDENCE HALLS HOUSING 4,079 STUDENTS. APPROXIMATELY 5,433 MEAL PLANS WERE SOLD TO STUDENTS EACH SEMESTER.
4d Other program services (Describe in Schedule O.)
(Expenses $   including grants of $   ) (Revenue $   )
4e Total program service expensesMediumBullet1,129,045,853
Form 990 (2021)
Form 990 (2021)
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
List of Attached Documents:
// Content
.....................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors? See instructions. Click to see attachment
List of Attached Documents:
// Content
...
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, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part IIClick to see attachment
List of Attached Documents:
// Content
.........
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 Rev. Proc. 98-19? If "Yes," complete Schedule C, Part III..
5
 
 
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 II....
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D,
Part IIIClick to see attachment
List of Attached Documents:
// Content
..............
8
Yes
 
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; 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
List of Attached Documents:
// Content
..............
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
List of Attached Documents:
// Content
......
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, line 10? If "Yes," complete
Schedule D,
Part VI. Click to see attachment
List of Attached Documents:
// Content
...................
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 VIIClick to see attachment
List of Attached Documents:
// Content
.......
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 XClick to see attachment
List of Attached Documents:
// Content
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 XClick to see attachment
List of Attached Documents:
// Content
11f
Yes
 
12a
Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII
......................
12a
 
No
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 and XII is optional Click to see attachment
List of Attached Documents:
// Content
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule EClick to see attachment
List of Attached Documents:
// Content
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, Parts I and IV.........Click to see attachment
List of Attached Documents:
// Content
14b
Yes
 
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV.....Click to see attachment
List of Attached Documents:
// Content
15
Yes
 
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...Click to see attachment
List of Attached Documents:
// Content
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. See instructions. ....Click to see attachment
List of Attached Documents:
// Content
17
Yes
 
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
List of Attached Documents:
// Content
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 hospital facilities? If "Yes," complete Schedule H....
20a
 
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.....Click to see attachment
List of Attached Documents:
// Content
21
Yes
 
Form 990 (2021)
Form 990 (2021)
Page 4
Part IV
Checklist of Required Schedules (continued)
Yes
No
22
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........Click to see attachment
List of Attached Documents:
// Content
22
Yes
 
23
Did the organization answer "Yes" to Part VII, Section A, line 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
List of Attached Documents:
// Content
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 lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............Click to see list of attachments
List of Attached Documents:
// Content
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), 501(c)(4), and 501(c)(29) 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
Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part II...........
26
 
No
27
Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?
If "Yes," complete
Schedule L, Part III.........................
27
 
No
28
Was the organization a party to a business transaction with one of the following parties (see the Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV......................
28a
 
No
b
A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....Click to see attachment
List of Attached Documents:
// Content
28b
Yes
 
c
A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes," complete Schedule L, Part IV..................... Click to see attachment
List of Attached Documents:
// Content
28c
Yes
 
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..Click to see attachment
List of Attached Documents:
// Content
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 .................Click to see attachment
List of Attached Documents:
// Content
30
Yes
 
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
List of Attached Documents:
// Content
33
Yes
 
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1.........................Click to see attachment
List of Attached Documents:
// Content
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
List of Attached Documents:
// Content
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............. Click to see attachment
List of Attached Documents:
// Content
36
Yes
 
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 on Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........
Yes
No
1a
Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable ..
1a
2,614
b
Enter the number of Forms W-2G included on 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
 
Form 990 (2021)
Form 990 (2021)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance (continued)
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
13,151
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” to line 3b, 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, securities account, or other financial account)? ..
4a
Yes
 
b
If "Yes," enter the name of the foreign country: MediumBulletHK , KE , SL , SP , UG , UK , UV , CI , CH , ET , FR , GM , GH
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
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 as charitable contributions? ...
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. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the sponsoring organization make any taxable distributions under section 4966?........
9a
 
 
b
Did the sponsoring 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. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the 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 amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
15
Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see the instructions and file Form 4720, Schedule N.
15
Yes
 
16
Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.
16
 
No
17
Section 501(c)(21) organizations. Did the trust, any disqualified person, or mine operator engage in any activities that would result in the imposition of an excise tax under section 4951, 4952, or 4953? ..
If "Yes," complete Form 6069.
17
 
 
Form 990 (2021)
Form 990 (2021)
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 or note to any line 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
1a
41
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent
1b
39
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 on Schedule O the process, if any, used by the organization to review this 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 on 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 on 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
 
No
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
 
 
Section C. Disclosure
17
List the states with which a copy of this Form 990 is required to be filedMediumBullet
CA , LA , MA , MS , MT , ND , OK , WV
18
Section 6104 requires an organization to make its Form 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 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, address, and telephone number of the person who possesses the organization's books and records:
MediumBulletJonathan Pearsall Exec Director & University Controller80 George Street   Medford,MA02155 (617) 627-3816
Form 990 (2021)
Form 990 (2021)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line 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. 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 the 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, Form 1099-MISC, and/or box 1 of Form 1099-NEC) 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.

See the instructions for the order in which to list the persons above.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and title
(B)
Average hours per week (list any hours for related organizations below dotted line)
(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/1099-NEC)
(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)
(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) Anthony P Monaco
 
Trustee & University President - End Date 6/30/2023
60.0
.................
1.0
X   X       1,073,523 0 184,272
(2) Jeffrey M Moslow
 
Trustee - Vice Chair
3.0
.................
1.0
X   X       0 0 0
(3) Peter R Dolan
 
Trustee - Chairman
3.0
.................
0
X   X       0 0 0
(4) Ancy Verdier
 
Trustee
3.0
.................
0
X           0 0 0
(5) Ankur A Sahu
 
Trustee
3.0
.................
0
X           0 0 0
(6) Brian J McCarthy
 
Trustee
3.0
.................
0
X           0 0 0
(7) Christopher J McKown
 
Trustee
3.0
.................
0
X           0 0 0
(8) Cristiana Falcone
 
Trustee
3.0
.................
0
X           0 0 0
(9) Daniel Zilberman
 
Trustee - Start Date 11/5/2022
3.0
.................
0
X           0 0 0
(10) David A Chang
 
Trustee - Start Date 11/5/2022
3.0
.................
0
X           0 0 0
(11) Diana V Lopez
 
Trustee
3.0
.................
0
X           0 0 0
(12) Diane S Hessan
 
Trustee - End Date 11/5/2022
3.0
.................
0
X           0 0 0
(13) Dina A Al-Tayeb
 
Trustee
3.0
.................
0
X           0 0 0
(14) Doug Harris
 
Trustee
3.0
.................
0
X           0 0 0
(15) Douglas Rachlin
 
Trustee
3.0
.................
0
X           0 0 0
(16) E Michael Fung
 
Trustee
3.0
.................
0
X           0 0 0
(17) Eileen A Aptman
 
Trustee
3.0
.................
0
X           0 0 0
Form 990 (2021)
Form 990 (2021)
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 (list any hours for related organizations below dotted line)
(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/1099-NEC)
(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)
(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) Elizabeth Cochary Gross
 
Trustee
3.0
.......................0
X           0 0 0
(19) Elyse A Newhouse
 
Trustee
3.0
.......................0
X           0 0 0
(20) Janice B Moriarty
 
Trustee
3.0
.......................0
X           0 0 0
(21) Jason P Epstein
 
Trustee - Start Date 11/5/2022
3.0
.......................0
X           0 0 0
(22) John H deJong
 
Trustee - End Date 11/5/2022
3.0
.......................0
X           0 0 0
(23) John R Ball
 
Trustee
3.0
.......................0
X           0 0 0
(24) Jonathan M Pruzan
 
Trustee
3.0
.......................0
X           0 0 0
(25) Kalahn Taylor-Clark
 
Trustee
3.0
.......................0
X           0 0 0
(26) Katherine A Kaplan
 
Trustee
3.0
.......................0
X           0 0 0
(27) Kenneth C Fan
 
Trustee
3.0
.......................0
X           0 0 0
(28) Kristy Endo
 
Trustee - Start Date 11/5/2022
3.0
.......................0
X           0 0 0
(29) Lisa S Anderson
 
Trustee
3.0
.......................0
X           0 0 0
(30) Lisbeth A Tarlow
 
Trustee
3.0
.......................0
X           0 0 0
(31) Lori Roth
 
Trustee
3.0
.......................0
X           0 0 0
(32) Maria A Oquendo
 
Trustee
3.0
.......................0
X           0 0 0
(33) Maria T Madison
 
Trustee
3.0
.......................0
X           0 0 0
(34) Mariann A Youniss
 
Trustee
3.0
.......................0
X           0 0 0
(35) Mark D Goodman
 
Trustee
3.0
.......................0
X           0 0 0
(36) Michael S Gordon
 
Trustee - End Date 11/5/2022
3.0
.......................0
X           0 0 0
(37) Neal B Shapiro
 
Trustee
3.0
.......................0
X           0 0 0
(38) Peter H Kamin
 
Trustee - End Date 11/5/2022
3.0
.......................0
X           0 0 0
(39) Peter M Fasolo
 
Trustee
3.0
.......................0
X           0 0 0
(40) Rebecca J Neary
 
Trustee
3.0
.......................0
X           0 0 0
(41) Robert R Gheewalla
 
Trustee
3.0
.......................0
X           0 0 0
(42) Sam W Ho
 
Trustee
3.0
.......................0
X           0 0 0
(43) Steven E Karol
 
Trustee
3.0
.......................0
X           0 0 0
(44) Theodore R Tye
 
Trustee
3.0
.......................0
X           0 0 0
(45) Vivek R Shah
 
Trustee
3.0
.......................0
X           0 0 0
(46) Amartya Kumar Ray
 
See Schedule O for Title
40.0
.......................0
    X       232,697 0 32,287
(47) Barbara Stein
 
VP Operations
40.0
.......................0.3
    X       354,175 0 66,624
(48) Caroline Genco
 
Provost and Senior Vice President Ad Interim
40.0
.......................0.0
    X       608,307 0 61,844
(49) Christopher M Sedore
 
VP - Information Technology, CIO
40.0
.......................0
    X       428,203 0 63,507
(50) Elizabeth Mcclain
 
Associate Treasurer
40.0
.......................0.3
    X       210,026 0 75,343
(51) Eric C Johnson
 
SVP - University Advancement
40.0
.......................0
    X       548,036 0 62,009
(52) James M Hurley
 
CFO, VP-Finance & Treasurer
40.0
.......................3.0
    X       475,603 0 49,135
(53) Kim Ryan
 
VP Human Resources
40.0
.......................0.3
    X       362,592 0 62,009
(54) Mary R Jeka
 
SVP - University Relations and General Counsel
40.0
.......................0
    X       536,767 0 49,235
(55) Michael Rodman
 
VP Communications & Marketing
40.0
.......................0
    X       256,523 0 63,269
(56) Michael W Howard
 
Executive VP
40.0
.......................0.3
    X       636,338 0 68,268
(57) Paul J Tringale
 
Secretary of Corporation
40.0
.......................0
    X       181,608 0 175,930
(58) Sara M Judge
 
VP Development
40.0
.......................0
    X       433,563 0 48,712
(59) Alastair E Cribb
 
Dean Cummings School
40.0
.......................0
      X     328,218 0 62,363
(60) Daniel Jay
 
Dean School for Graduate Biomedical Sciences End Date 6/30/2023
40.0
.......................0
      X     267,281 0 38,346
(61) Helen W Boucher
 
Dean of Medical School - Start Date 7/1/2022
40.0
.......................0
      X     678,871 0 64,684
(62) James M Glaser
 
Dean Arts & Sciences
40.0
.......................0
      X     433,746 0 48,509
(63) Kyongbum Lee
 
Dean of Engineering
40.0
.......................0
      X     349,624 0 67,082
(64) Nadeem Karimbux
 
Dean Dental School
40.0
.......................0
      X     440,014 0 70,046
(65) Bhaskar Chakravorti
 
Dean of Global Business
40.0
.......................0
        X   394,616 0 64,006
(66) Craig W Smith
 
Chief Investment Officer
40.0
.......................5.0
        X   543,276 0 71,716
(67) Dariush Mozaffarian
 
Dean Friedman School
40.0
.......................0
        X   415,039 0 69,343
(68) Nadine Aubry
 
Professor & Senior Advisor to Dean
40.0
.......................0
        X   771,342 0 64,751
(69) Rachel E Kyte
 
Dean Fletcher School
40.0
.......................0
        X   436,730 0 38,700
(70) Deborah Blackie
 
Interim VP Human Resources - End Date 7/20/2020
40.0
.......................1.0
          X 184,608 0 31,146
(71) Deborah T Kochevar
 
Interim Provost & Sr VP - End Date 6/30/2019
40.0
.......................1.0
          X 233,639 0 25,884
(72) Jean E Ayers
 
Interim VP - Communications & Marketing - End Date 8/27/2018
40.0
.......................0
          X 202,455 0 31,371
(73) Joyce S Knoll
 
Interim Dean Cummings School - End Date 7/14/2019
40.0
.......................0
          X 181,576 0 30,081
1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)...........MediumBullet 12,198,996 0 1,840,472
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization MediumBullet1,494
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
C&W Facility Services Inc

275 Grove St Ste 3-200
Auburndale,MA02466
Cleaning 14,430,658
Windover Construction Inc

66 Cherry Hill Dr
Beverly,MA01915
Construction 13,769,043
Elaine Construction Co Inc

90 Wells Ave
Newton,MA02459
Construction 7,209,112
2U INC

7900 HARKINS ROAD
LANHAM,MD207061359
TECHNOLOGY SERVICES 6,456,589
Bowdoin Construction Corp

220-1 Reservoir St
Needham Heights,MA02494
Construction 5,069,706
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet335
Form 990 (2021)
Form 990 (2021)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII.............
(A)
Total revenue
(B)
Related or
exempt
function
revenue
(C)
Unrelated
business
revenue
(D)
Revenue
excluded from
tax under sections
512 - 514
Contributions, Gifts, Grants, and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues..1b  
c Fundraising events..1c 218,180
d Related organizations1d  
e Government grants (contributions)1e 219,006,610
f All other contributions, gifts, grants, and similar amounts not included above1f 122,372,035
g Noncash contributions included in lines 1a - 1f:$ 1g 7,596,186
h Total. Add lines 1a-1f.......MediumBullet 341,596,825
 Program Service RevenueAmt Business Code
2a INSTRUCTION 900099 804,705,831 804,705,831    
b CLINICAL AND OTHER EDUCATION 541900 127,094,389 127,094,389    
c AUXILLIARY ENTERPRISES 900099 7,045,132 6,535,600 509,532  
d
e
f All other program service revenue. 0 0 0 0
g Total. Add lines 2a–2f .....MediumBullet 938,845,352
 OtherAmtRevenueAmt 3 Investment income (including dividends, interest, and othersimilar amounts) ......MediumBullet 28,652,433   -558,516 29,210,949
4 Income from investment of tax-exempt bond proceedsMediumBullet        
5 Royalties...........MediumBullet 248,657     248,657
(ii) Personal (i) Real
6a Gross rents   2,275,948 6a
b Less: rental expenses   2,469,962 6b
c Rental income or (loss) 0 -194,014 6c
d Net rental income or (loss).......MediumBullet -194,014     -194,014
(ii) Other (i) Securities
7a Gross amount from sales of assets other than inventory   1,694,608,333 7a
b Less: cost or other basis and sales expenses   1,664,515,967 7b
c Gain or (loss) 0 30,092,366 7c
d Net gain or (loss).........MediumBullet 30,092,366   2,231,682 27,860,684
8a Gross income from fundraising events (not including $ 218,180of contributions reported on line 1c). See Part IV, line 18 ....
8a 235,650
b Less: direct expenses ... 8b 386,820
c Net income or (loss) from fundraising events..MediumBullet -151,170   -151,170
9a Gross income from gaming activities.
See Part IV, line 19 ...
9a  
b Less: direct expenses ... 9b  
c Net income or (loss) from gaming activities..MediumBullet        
10a Gross sales of inventory, less
returns and allowances ..
10a  
b Less: cost of goods sold .. 10b  
c Net income or (loss) from sales of inventory..MediumBullet        
Business Code Miscellaneous Revenue
11a            
b            
c            
d All other revenue .... 0 0 0 0
e Total. Add lines 11a–11d ...... MediumBullet 0
12 Total revenue. See instructions.....MediumBullet 1,339,090,449 938,335,820 2,182,698 56,975,106
Form 990 (2021)
Form 990 (2021)
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).Check if Schedule O contains a response or note to any line 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 domestic organizations and domestic governments. See Part IV, line 21 .... 28,417,563 28,417,563
2 Grants and other assistance to domestic individuals. See Part IV, line 22 ........... 179,918,714 179,918,714
3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. ............. 7,022,854 7,022,854
4 Benefits paid to or for members .......    
5 Compensation of current officers, directors, trustees, and key employees ........... 10,253,972 2,867,077 6,816,606 570,289
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ......... 906,576 576,222 330,354  
7 Other salaries and wages........ 533,169,937 441,037,272 75,777,930 16,354,735
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 36,693,893 29,710,287 5,808,590 1,175,016
9 Other employee benefits ....... 84,437,277 68,415,352 13,060,131 2,961,794
10 Payroll taxes ........... 32,217,700 25,767,637 5,423,881 1,026,182
11 Fees for services (non-employees):        
a Management ......        
b Legal ......... 7,681,324 4,126,988 3,549,448 4,888
c Accounting ........... 573,300   573,300  
d Lobbying ........... 593,195   593,195  
e Professional fundraising services. See Part IV, line 17 1,826,405 1,826,405
f Investment management fees ...... 1,884,909   1,884,909  
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) 62,848,293 44,112,102 18,672,828 63,363
12 Advertising and promotion .... 1,878,819 1,776,698 52,620 49,501
13 Office expenses ....... 59,637,212 44,261,180 13,546,860 1,829,172
14 Information technology ...... 14,878,619 2,764,967 11,996,605 117,047
15 Royalties .. 2,502,788 2,493,414 9,374 0
16 Occupancy ........... 53,607,641 52,384,873 957,877 264,891
17 Travel ............ 15,773,381 14,135,004 1,213,461 424,916
18 Payments of travel or entertainment expenses for any federal, state, or local public officials .        
19 Conferences, conventions, and meetings .... 6,328,699 4,326,658 1,452,679 549,362
20 Interest ........... 39,842,235 38,933,450 711,913 196,872
21 Payments to affiliates .......        
22 Depreciation, depletion, and amortization .. 78,199,704 76,416,002 1,397,295 386,407
23 Insurance ...        
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a BOOKS, PERIODICALS & MEDIA 13,059,602 12,960,275 79,137 20,190
b SUBSIDIARY EXPENSE-TVETS 18,330,960 18,330,960    
c EQUIPMENT PURCHASES 16,623,244 14,454,419 2,168,825  
d GOODS AND SERVICES 9,899,614 9,855,966 31,677 11,971
e All other expenses 3,993,144 3,979,919 12,100 1,125
25 Total functional expenses. Add lines 1 through 24e 1,323,001,574 1,129,045,853 166,121,595 27,834,126
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 (2021)
Form 990 (2021)
Page 11
Part X
Balance Sheet
Check if Schedule O contains a response or note to any line in this Part IX..............
(A)
Beginning of year
(B)
End of year
Assets 1 Cash–non-interest-bearing ........   1  
2 Savings and temporary cash investments ......... 74,430,193 2 33,156,313
3 Pledges and grants receivable, net ...... 121,812,482 3 124,812,112
4 Accounts receivable, net ............. 56,465,966 4 49,621,664
5 Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
0 5 0
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
0 6 0
7 Notes and loans receivable, net ........... 40,576,973 7 40,741,910
8 Inventories for sale or use ............ 2,737,508 8 2,502,750
9 Prepaid expenses and deferred charges ...... 5,558,968 9 8,922,255
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 2,281,056,325
b Less: accumulated depreciation 10b 1,086,231,942 1,153,170,257 10c 1,194,824,383
11 Investments—publicly traded securities . 390,975,656 11 467,648,733
12 Investments—other securities. See Part IV, line 11 ..... 2,546,677,597 12 2,509,466,112
13 Investments—program-related. See Part IV, line 11 .. 27,318,427 13 24,409,359
14 Intangible assets ...............   14  
15 Other assets. See Part IV, line 11 ........... 130,273,046 15 129,833,217
16 Total assets. Add lines 1 through 15 (must equal line 33)... 4,549,997,073 16 4,585,938,808
Liabilities 17 Accounts payable and accrued expenses ..... 192,345,419 17 174,448,577
18 Grants payable ...   18  
19 Deferred revenue ......... 46,287,567 19 49,520,709
20 Tax-exempt bond liabilities ......... 956,557,707 20 941,988,110
21 Escrow or custodial account liability. Complete Part IV of Schedule D 6,822,262 21 6,934,550
22 Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
0 22 0
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 89,258,827 25 84,238,751
26 Total liabilities. Add lines 17 through 25.. 1,291,271,782 26 1,257,130,697
Net Assets or Fund Balance Organizations that follow FASB ASC 958, check here MediumBullet and complete lines 27, 28, 32, and 33.
27 Net assets without donor restrictions .......... 1,685,744,448 27 1,693,460,897
28 Net assets with donor restrictions ........... 1,572,980,843 28 1,635,347,214
Organizations that do not follow FASB ASC 958, check here MediumBullet and complete lines 29 through 33.
29 Capital stock or trust principal, or current funds .....   29  
30 Paid-in or capital surplus, or land, building or equipment fund ...   30  
31 Retained earnings, endowment, accumulated income, or other funds   31  
32 Total net assets or fund balances ........... 3,258,725,291 32 3,328,808,111
33 Total liabilities and net assets/fund balances ........ 4,549,997,073 33 4,585,938,808
Form 990 (2021)
Form 990 (2021)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
1,339,090,449
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
1,323,001,574
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
16,088,875
4
Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..
4
3,258,725,291
5
Net unrealized gains (losses) on investments ...............
5
43,646,459
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
 
8
Prior period adjustments .....................
8
 
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
10,347,486
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))
10
3,328,808,111
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line 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 on
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If "Yes," to line 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?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
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 (2021)
Form 990 (2021)
Additional Data


Software ID: 22016089
Software Version: 2022v5.0
Form 990, Special Condition Description:
Special Condition Description
SCHEDULE A
(Form 990)

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 Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public
Inspection
Name of the organization
Trustees of Tufts College
 
Employer identification number

04-2103634
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 12, check only one box.)
1
2
3
4
5
6
7
8
9
10
11
12
a
b
c
d
e
f
Enter the number of supported organizations ...............................  
g
Provide the following information about the supported organization(s).
(i) Name of supported organization (ii) EIN (iii) Type of organization (described on lines 1- 10 above (see instructions)) (iv) Is the organization listed in your governing document? (v) Amount of monetary support (see instructions) (vi) Amount of other support (see instructions)
Yes No
Total
 
   
For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.
Cat. No. 11285F
Schedule A (Form 990) 2022

Schedule A (Form 990) 2022
Page 2
Part II
Support Schedule for Organizations Described in Sections 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 failed to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2018 (b) 2019 (c) 2020 (d) 2021 (e) 2022 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. 331,631,004 304,378,403 313,433,588 356,701,853 341,596,825 1,647,741,673
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....   0       0
3 The value of services or facilities furnished by a governmental unit to the organization without charge..   0       0
4 Total. Add lines 1 through 3 331,631,004 304,378,403 313,433,588 356,701,853 341,596,825 1,647,741,673
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) .. 0
6 Public support. Subtract line 5 from line 4. 1,647,741,673
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2018 (b) 2019 (c) 2020 (d) 2021 (e) 2022 (f) Total
7 Amounts from line 4.. 331,631,004 304,378,403 313,433,588 356,701,853 341,596,825 1,647,741,673
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... 19,609,307 15,580,535 19,584,652 23,079,018 31,025,868 108,879,380
9 Net income from unrelated business activities, whether or not the business is regularly carried on.. 0 0 0 0 0 0
10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. 0 0 0 0 0 0
11 Total support. Add lines 7 through 10 1,756,621,053
12
12
1,646,505,022
13
First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here ........................................right arrow
Section C. Computation of Public Support Percentage
14
14
93.80 %
15
15
94.34 %
16a
33 1/3% support test—2022. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization .......................right arrow
b
33 1/3% support test—2021. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow
17a
10%-facts-and-circumstances test—2022. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow
b
10%-facts-and-circumstances test—2021. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow
18
Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow
Schedule A (Form 990) 2022

Schedule A (Form 990) 2022
Page 3
Part III
Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 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) right arrow (a) 2018 (b) 2019 (c) 2020 (d) 2021 (e) 2022 (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) right arrow (a) 2018 (b) 2019 (c) 2020 (d) 2021 (e) 2022 (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 on 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 VI.) ..            
13 Total support. (Add lines 9, 10c, 11, and 12.)..            
14
First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here................................................. right arrow
Section C. Computation of Public Support Percentage
15
15
 
16
16
 
Section D. Computation of Investment Income Percentage
17
17
 
18
18
 
19a
33 1/3% support tests-2022. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow
b
33 1/3% support tests—2021. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ..... right arrow
20
Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow
Schedule A (Form 990) 2022

Schedule A (Form 990) 2022
Page 4
Part IV
Supporting Organizations
(Complete only if you checked a box on line 12 of Part I. If you checked box 12a, of Part I, complete Sections A and B. If you checked box 12b, of Part I, complete Sections A and C. If you checked box 12c, of Part I, complete Sections A, D, and E. If you checked box12d, of Part I, complete Sections A and D, and complete Part V.)
Section A. All Supporting Organizations
Yes
No
1
Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.
1
 
 
2
Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).
2
 
 
3a
Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer lines 3b and 3c below.
3a
 
 
b
Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.
3b
 
 
c
Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.
3c
 
 
4a
Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked box 12a or 12b in Part I, answer lines 4b and 4c below.
4a
 
 
b
Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.
4b
 
 
c
Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.
4c
 
 
5a
Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer lines 5b and 5c below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).
5a
 
 
b
Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?
5b
 
 
c
Substitutions only. Was the substitution the result of an event beyond the organization's control?
5c
 
 
6
Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.
6
 
 
7
Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .
7
 
 
8
Did the organization make a loan to a disqualified person (as defined in section 4958) not described on line 7? If “Yes,” complete Part I of Schedule L (Form 990).
8
 
 
9a
Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons, as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.
9a
 
 
b
Did one or more disqualified persons (as defined on line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.
9b
 
 
c
Did a disqualified person (as defined on line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.
9c
 
 
10a
Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.
10a
 
 
b
Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).
10b
 
 
Schedule A (Form 990) 2022

Schedule A (Form 990) 2022
Page 5
Part IV
Supporting Organizations (continued)
Yes
No
11
Has the organization accepted a gift or contribution from any of the following persons?
a
A person who directly or indirectly controls, either alone or together with persons described on lines 11b and 11c below, the governing body of a supported organization?
11a
 
 
b
A family member of a person described on 11a above?
11b
 
 
c
A 35% controlled entity of a person described on line 11a or 11b above? If “Yes” to 11a, 11b, or 11c, provide detail in Part VI.
11c
 
 
Section B. Type I Supporting Organizations
Yes
No
1
Did the officers, directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.
1
 
 
2
Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.
2
 
 
Section C. Type II Supporting Organizations
Yes
No
1
Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).
1
 
 
Section D. All Type III Supporting Organizations
Yes
No
1
Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?
1
 
 
2
Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).
2
 
 
3
By reason of the relationship described in line 2 above, did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.
3
 
 
Section E. Type III Functionally-Integrated Supporting Organizations
1
Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):
a
b
c
2
Activities Test. Answer lines 2a and 2b below.
Yes
No
a
Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.
2a
 
 
b
Did the activities described on line 2a, above constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.
2b
 
 
3
Parent of Supported Organizations. Answer lines 3a and 3b below.
a
Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations?If "Yes" or "No", provide details in Part VI.
3a
 
 
b
Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.
3b
 
 
Schedule A (Form 990) 2022

Schedule A (Form 990) 2022
Page 6
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations
1
Section A - Adjusted Net Income (A) Prior Year (B) Current Year
(optional)
1 Net short-term capital gain 1    
2 Recoveries of prior-year distributions 2    
3 Other gross income (see instructions) 3    
4 Add lines 1 through 3 4    
5 Depreciation and depletion 5    
6 Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) 6    
7 Other expenses (see instructions) 7    
8 Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) 8    
Section B - Minimum Asset Amount (A) Prior Year (B) Current Year
(optional)
1 Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): 1
a Average monthly value of securities 1a    
b Average monthly cash balances 1b    
c Fair market value of other non-exempt-use assets 1c    
d Total (add lines 1a, 1b, and 1c) 1d    
e Discount claimed for blockage or other factors
(explain in detail in Part VI):  
2 Acquisition indebtedness applicable to non-exempt use assets 2    
3 Subtract line 2 from line 1d 3    
4 Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). 4    
5 Net value of non-exempt-use assets (subtract line 4 from line 3) 5    
6 Multiply line 5 by 0.035 6    
7 Recoveries of prior-year distributions 7    
8 Minimum Asset Amount (add line 7 to line 6) 8    
Section C - Distributable Amount Current Year
1 Adjusted net income for prior year (from Section A, line 8, Column A) 1  
2 Enter 85% of line 1 2  
3 Minimum asset amount for prior year (from Section B, line 8, Column A) 3  
4 Enter greater of line 2 or line 3 4  
5 Income tax imposed in prior year 5  
6 Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) 6  
7
Schedule A (Form 990) 2022

Schedule A (Form 990) 2022
Page 7
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)
Section D - Distributions Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes 1  
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in
excess of income from activity
2  
3 Administrative expenses paid to accomplish exempt purposes of supported organizations 3  
4 Amounts paid to acquire exempt-use assets 4  
5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) 5  
6 Other distributions (describe in Part VI). See instructions 6  
7Total annual distributions. Add lines 1 through 6. 7  
8 Distributions to attentive supported organizations to which the organization is responsive (provide
details in Part VI
). See instructions
8  
9 Distributable amount for 2022 from Section C, line 6 9  
10 Line 8 amount divided by Line 9 amount 10  
Section E - Distribution Allocations (see instructions) (i)
Excess Distributions
(ii)
Underdistributions
Pre-2022
(iii)
Distributable
Amount for 2022
1 Distributable amount for 2022 from Section C, line 6  
2 Underdistributions, if any, for years prior to 2022 (reasonable cause required-- explain in Part VI).
See instructions.
 
3 Excess distributions carryover, if any, to 2022:
a From 2017.......  
b From 2018.......  
c From 2019.......  
d From 2020.......  
e From 2021.......  
fTotal of lines 3a through e  
g Applied to underdistributions of prior years  
h Applied to 2022 distributable amount  
i Carryover from 2017 not applied (see
instructions)
 
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.  
4Distributions for 2022 from Section D, line 7:
$  
a Applied to underdistributions of prior years  
b Applied to 2022 distributable amount  
c Remainder. Subtract lines 4a and 4b from line 4.  
5 Remaining underdistributions for years prior to
2022, if any. Subtract lines 3g and 4a from line 2.
If the amount is greater than zero, explain in Part VI.
See instructions.
 
6 Remaining underdistributions for 2022. Subtract
lines 3h and 4b from line 1. If the amount is greater
than zero, explain in Part VI. See instructions.
 
7 Excess distributions carryover to 2023. Add lines
3j and 4c.
 
8 Breakdown of line 7:
a Excess from 2018.....  
b Excess from 2019.....  
c Excess from 2020.....  
d Excess from 2021.....  
e Excess from 2022.....  
Schedule A (Form 990) (2022)

Schedule A (Form 990) 2022
Page 8
Part VI
Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Return Reference Explanation
Schedule A (Form 990) 2022


Additional Data


Software ID: 22016089
Software Version: 2022v5.0
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2022
Name of the organization
Trustees of Tufts College
 
Employer identification number

04-2103634
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 isn't covered by the General Rule and/or the Special Rules doesn't 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 its Form 990PF, Part I, line 2, to certify that it doesn't 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) (2022)
Schedule B (Form 990) (2022) Page 2
Name of organization
Trustees of Tufts College
 
Employer identification number
04-2103634
Part I
Contributors
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


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

$  


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2022)
Schedule B (Form 990) (2022)
Page 3
Name of organization
Trustees of Tufts College
 
Employer identification number

04-2103634
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) (2022)
Schedule B (Form 990) (2022)
Page 4
Name of organization
Trustees of Tufts College
 
Employer identification number

04-2103634
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. 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) (2022)
Additional Data


Software ID: 22016089
Software Version: 2022v5.0
SCHEDULE C
(Form 990)

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 BulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
If the organization answered "Yes" on 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" on 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" on Form 990, Part IV, Line 5 (Proxy Tax) (see separate instructions) or Form 990-EZ, Part V, line 35c (Proxy Tax) (see separate instructions), then
Round Bullet Section 501(c)(4), (5), or (6) organizations: Complete Part III.
Name of the organization
Trustees of Tufts College
 
Employer identification number

04-2103634
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. See instructions for definition of “political campaign activities."

2
Political campaign activity expenditures. See instructions ....................................................................SchCMd Bullet
$  
3
Volunteer hours for political campaign activities. See instructions ..................................................................
 

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-.
1
2
3
4
5
6
For Paperwork Reduction Act Notice, see the instructions for Form 990.
Cat. No. 50084S
Schedule C (Form 990) 2021

Schedule C (Form 990) 2021
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 SchCMd Bulletexpenses, and share of excess lobbying expenditures).Click to see attachment
List of Attached Documents:
// Content

B Check SchCMd Bullet
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) ...................... 0 0
b Total lobbying expenditures to influence a legislative body (direct lobbying) ........................ 593,195 593,195
c Total lobbying expenditures (add lines 1a and 1b) ............................................................ 593,195 593,195
d Other exempt purpose expenditures ............................................................................... 1,294,574,253 1,343,824,835
e Total exempt purpose expenditures (add lines 1c and 1d) .................................................. 1,295,167,448 1,344,418,030
f Lobbying nontaxable amount. Enter the amount from the following table in both
columns.
1,000,000 1,000,000
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) ................................................. 250,000 250,000
h Subtract line 1g from line 1a. If zero or less, enter -0-. ................................................ 0 0
i Subtract line 1f from line 1c. If zero or less, enter -0-. ................................................ 0 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 separate instructions for lines 2a through 2f.)
Lobbying Expenditures During 4-Year Averaging Period
Calendar year (or fiscal year
beginning in)
(a) 2018 (b) 2019 (c) 2020 (d) 2021 (e) Total
2a Lobbying nontaxable amount 1,000,000 1,000,000 1,000,000 1,000,000 4,000,000
b Lobbying ceiling amount
(150% of line 2a, column(e))
6,000,000
c Total lobbying expenditures 457,136 574,059 582,089 593,195 2,206,479
d Grassroots nontaxable amount 250,000 250,000 250,000 250,000 1,000,000
e Grassroots ceiling amount
(150% of line 2d, column (e))
1,500,000
f Grassroots lobbying expenditures 0 0 0 0 0
Schedule C (Form 990) 2021


Schedule C (Form 990) 2021
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 on 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
Provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, line 5; Part II-A (affiliated group list); Part II-A, lines 1 and 2 (see instructions), and Part ll-B, line 1. Also, complete this part for any additional information.
Return Reference Explanation
Schedule C (Form 990) 2021


Additional Data


Software ID: 22016089
Software Version: 2022v5.0

SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," on 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 Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
Name of the organization
Trustees of Tufts College
 
Employer identification number

04-2103634
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .........    
2 Aggregate value of contributions to (during year)    
3 Aggregate value of 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" on 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 7/25/06, 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 Bullet  
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, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, handling of violations, 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 section 170(h)(4)(B)(ii)? .............................
9
In Part XIII, 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" on Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under FASB 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 XIII, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under FASB 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)
Revenue included on Form 990, Part VIII, line 1 .........................SchDMd Bullet $ 255,899
(ii)
Assets included in Form 990, Part X ...............................SchDMd Bullet $ 7,085,472
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 FASB ASC 958 relating to these items:
a
Revenue included on Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D
Schedule D (Form 990) 2021

Schedule D (Form 990) 2021
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s acquisition, 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 XIII.
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" on 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 XIII 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, for escrow or custodial account liability? ...
b
If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....
Part V
Endowment Funds.
Complete if the organization answered "Yes" on 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 .... 2,391,304,115 2,698,529,774 1,937,273,772 1,909,607,240 1,893,035,025
b Contributions ... 48,398,160 55,810,353 135,758,727 35,369,988 32,989,320
c Net investment earnings, gains, and losses 75,023,106 -271,696,170 724,280,771 50,424,668 60,497,350
d Grants or scholarships ... 31,059,172 29,143,211 28,499,308 24,458,128 23,462,024
e Other expenditures for facilities
and programs ...
28,108,217 57,246,300 64,642,354 27,259,879 47,856,371
f Administrative expenses .... 5,609,617 4,950,331 5,641,834 6,410,117 5,596,060
g End of year balance ...... 2,449,948,375 2,391,304,115 2,698,529,774 1,937,273,772 1,909,607,240
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment SchDMd Bullet41.9 %
b
Permanent endowment SchDMd Bullet35.5 %
c
Term endowment SchDMd Bullet22.6 %
The percentages on 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" on 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. 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 .....   80,984,143 80,984,143
b Buildings ....   1,918,249,121 906,538,006 1,011,711,115
c Leasehold improvements        
d Equipment ....   281,823,061 179,693,936 102,129,125
e Other .....        
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..SchDMdBullet 1,194,824,383
Schedule D (Form 990) 2021

Schedule D (Form 990) 2021
Page 3
Part VII
Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. 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) Other Investments
13,304,252 F

(B) Common Trust Equity Index Funds
   

(C) Private Equities
815,014,402 F

(D) Private Real Estate
150,738,049 F

(E) Funds Held Under Bond Agreements
380 F

(F) Private Natural Resources
139,410,828 F

(G) Private Credit
40,866,937 F

(H) Public Equity Domestic
461,401,843 F

(I) PUBLIC EQUITY FOREIGN
228,133,224 F

(J) PUBLIC EQUITY GLOBAL
156,152,039 F

(K) MARKETABLE ALTERNATIVES
504,444,158 F
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)Small Bullet 2,509,466,112
Part VIII
Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
Part X
Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
(1) Federal income taxes  
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet 84,238,751
2. Liability for uncertain tax positions. In Part XIII, 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 (ASC 740). Check here if the text of the footnote has been provided in Part XIII
Schedule D (Form 990) 2021

Schedule D (Form 990) 2021
Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements ....... 1 1,221,988,283
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains (losses) on investments .... 2a 43,646,457
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ............ 2d -161,989,825
e Add lines 2a through 2d ..................... 2e -118,343,368
3 Subtract line 2e from line 1.................. 3 1,340,331,651
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  
b Other (Describe in Part XIII.) ........... 4b -1,241,202
c Add lines 4a and 4b.................... 4c -1,241,202
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5 1,339,090,449
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements ........... 1 1,151,905,462
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 XIII.) ............ 2d 12,402,352
e Add lines 2a through 2d.................... 2e 12,402,352
3 Subtract line 2e from line 1................... 3 1,139,503,110
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  
b Other (Describe in Part XIII.) ............ 4b 183,498,464
c Add lines 4a and 4b..................... 4c 183,498,464
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5 1,323,001,574
Part XIII
Supplemental Information
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, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
Return Reference Explanation
Schedule D, Part XI FINANCIAL STATEMENTS TRUSTEES OF TUFTS COLLEGE FINANCIAL STATEMENTS WERE AUDITED ON A CONSOLIDATED BASIS.
Schedule D, Part III, Line 4 Collections of art - description of collections THE ART COLLECTIONS AT THE UNIVERSITY INCLUDE PAINTINGS, DISPLAYS, BOOKS AND HISTORICAL ARTIFACTS WHICH ARE PUT TO USE WITHIN THE ORGANIZATIONS' INSTRUCTION AND ACADEMIC RESEARCH AREA. THESE COLLECTIONS HELP TO FURTHER OUR EXEMPT PURPOSE BY ENRICHING THE STUDENTS WHICH ENCOURAGES LEARNING AND PROVIDES OPPORTUNITIES THAT ALLOW FOR RESEARCH INTO SPECIFIC ART DISCIPLINES. FURTHER, THE VARIOUS ART COLLECTIONS BECOME PART OF THE UNIVERSITY ART GALLERY AND ARE DISPLAYED PERIODICALLY DURING ART SHOWS, LECTURE-SERIES AND EXHIBITS AND PROMOTIONS.
Schedule D, Part IV, Line 2b Explanation of escrow agreement TRUSTEES OF TUFTS COLLEGE (THE UNIVERSITY) IS THE FISCAL AGENT FOR NUMEROUS UNIVERSITY SPONSORED ACTIVITIES. THE UNIVERSITY HOLDS THESE FUNDS, BUT DOES NOT OWN THEM. AS A RESULT OF THIS ARRANGEMENT THE UNIVERSITY RECORDS A LIABILITY EQUAL TO THE FUNDS BEING HELD IN ESCROW.
Schedule D, Part V, Line 4 Intended uses of endowment funds TRUSTEES OF TUFTS COLLEGE (THE UNIVERSITY) HAS INTENDED USES FOR THE ORGANIZATIONS' ENDOWMENT FUNDS BY PROVIDING RESOURCES TO MAINTAIN REAL ESTATE WITH CAPITAL IMPROVEMENTS AND ENHANCEMENTS; SUPPORTING ACADEMIC AND RESEARCH OPERATIONS; PROVIDING FINANCIAL SUPPORT AND SCHOLARSHIPS FOR STUDENTS AND SUSTAINING FUNDING FOR FUTURE FINANCIAL OBLIGATIONS OF THE UNIVERSITY.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote US GAAP requires Trustees of Tufts College (The University) to evaluate tax positions taken by the University and recognize a tax liability (or asset) if the University has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. Tufts has analyzed the tax positions taken and has concluded that as of June 30, 2023, there are no significant uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements.
Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Consolidated entities revenue - 17354886 Change in split interest agreement - 1556524 Tuition discount - -XXX-XX-XXXX Investment in Tufts Shared Services, Inc - 732878
Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Rental expense netted with rental income - -2718730 Inter-departmental requisition revenue - 1864349 Fundraising expense netted with fundraising Income - -386821
Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Rental expense netted with rental income - 2469962 Inter-departmental requisition revenue - 248768 Fundraising expense netted with Fundraising income - 386820 Consolidated entities expenses - 22514357 Cumulative effect of account change SFAS 158 - -1142101 Change in fair value of interest rate agreements - -12075454
Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Consolidated entities expenses - 1864349 Tuition discount - XXX-XX-XXXX
Schedule D (Form 990) 2021


Additional Data


Software ID: 22016089
Software Version: 2022v5.0




SCHEDULE E(Form 990)

Department of the Treasury
Internal Revenue Service
Schools

Right pointing arrow large image Complete if the organization answered "Yes" on 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.
Right pointing arrow large image Go to www.irs.gov/Form990EZ for the latest information.
OMB No. 1545-0047 2022Open to Public Inspection
Name of the organization
Trustees of Tufts College
 
Employer identification number

04-2103634
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 on its primary publicly accessible Internet homepage at
all times during its taxable year in a manner reasonably expected to be noticed by visitors to the homepage, or 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, as modified by Rev. Proc. 2019-22, 2019-22 I.R.B. 1260, covering racial nondiscrimination? If "No," explain on Part II. . . . . . . . . . . . . . . . . . . . . . . . . .
7
Yes
 
Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50085D
Schedule E (Form 990) (2022)
Schedule E (Form 990) (2022)
Page 2
Part II
Supplemental Information. Provide the explanations required by Part I, lines 3, 4d, 5h, 6b, and 7, as applicable. Also provide
any other additional information. See instructions.
Return Reference Explanation
Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY TRUSTEES OF TUFTS COLLEGE ("THE UNIVERSITY") IS COMMITTED TO PROVIDING EQUAL OPPORTUNITIES AND STRIVES TO BUILD A COMMUNITY WHERE ALL PROSPECTIVE AND CURRENT STUDENTS, FACULTY AND STAFF RESPECT THE RIGHTS OF OTHERS. AS SUCH, THE UNIVERSITY MAINTAINS ITS NONDISCRIMINATORY POLICIES AND PROCEDURES ON ITS INTERNET HOME PAGE. THE UNIVERSITY HOMEPAGE: WWW.TUFTS.EDU, DISCLOSES AN EQUAL OPPORTUNITY AND NONDISCRIMINATION STATEMENT INCLUDING INSIGHTS ABOUT TUFTS' NONDISCRIMINATORY CULTURE. ALL VISITORS ARE ABLE VIEW THESE UPDATES AND ENHANCEMENTS JUST BY SCROLLING ON THE MAIN HOMEPAGE. THE HOMEPAGE FURTHER ALIGNS WITH THE RECENT IRS CHANGES AND MODIFICATIONS TO IRS REVENUE PROCEDURE 75-50, 1975-2 C.B.587, WHICH ALLOW SCHOOLS TO MAINTAIN AND MEET THE PUBLICITY REQUIREMENTS OF OUR RACIALLY NONDISCRIMINATORY POLICY USING TECHNOLOGY ADVANCES PURSUANT TO SECTION 4.03 OF IRS REV. PROC. 2019-22, I.R.B. 1260
Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT TRUSTEES OF TUFTS COLLEGE RECEIVES FINANCIAL AID AND ASSISTANCE FROM MANY GOVERNMENT AGENCIES. DURING THE FISCAL YEAR, ASSISTANCE WAS RECEIVED IN THE FORM OF HEALTH PROFESSIONS LOAN AND SCHOLARSHIP FUNDS; PELL GRANTS; SUPPLEMENTAL EDUCATION OPPORTUNITY GRANTS AND FEDERAL WORK STUDY FUNDS. ADDITIONALLY, STUDENTS CURRENTLY ENROLLED AT THE UNIVERSITY ALSO RECEIVE LOAN FUNDS THROUGH THE FEDERAL DIRECT LOAN PROGRAM AND RECEIVE GRANTS AND FELLOWSHIPS AWARDS FROM A VARIETY OF FEDERAL AGENCIES SUCH AS THE NSF, THE NIH, THE VA AND NASA.
Schedule E (Form 990) (2022)
Additional Data


Software ID: 22016089
Software Version: 2022v5.0
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 Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
Name of the organization
Trustees of Tufts College
 
Employer identification number

04-2103634
Part I
General Information on Activities Outside the United States. Complete if the organization answered "Yes" on 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. (The following Part I, line 3 table can be duplicated if additional space is needed.)
(a) Region (b) Number of offices in the region (c) Number of employees, agents, and independent contractors in the region (d) Activities conducted in region (by type) (such as, 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 the region
(f) Total expenditures
for and investments
in the region
Europe (Including Iceland and Greenland) 5 6 Program Services Study-Abroad Education Program 5,576,199
East Asia and the Pacific 3 2 Program Services Study-Abroad Education Program 583,301
South America 1 0 Program Services Study-Abroad Education Program 293,166
Sub-Saharan Africa 1 0 Program Services Study-Abroad Education Program 144,667
Central America and the Caribbean 0 0 Grantmaking   34,928
East Asia and the Pacific 0 0 Grantmaking   846,581
Europe (Including Iceland and Greenland) 0 0 Grantmaking   835,028
Middle East and North Africa 0 0 Grantmaking   689,763
North America (Canada & Mexico only) 0 0 Grantmaking   110,972
Russia and Neighboring States 0 0 Grantmaking   61,326
South America 0 0 Grantmaking   139,881
South Asia 0 0 Grantmaking   814,342
Sub-Saharan Africa 0 0 Grantmaking   3,490,033
Central America and the Caribbean 0 0 Investments   755,426,000
Europe (Including Iceland and Greenland) 0 0 Investments   98,737,000
North America (Canada & Mexico only) 0 0 Investments   9,575,000
Sub-Saharan Africa 0 0 Investments   3,300,000
Central America and the Caribbean 0 0 Program Services Travel for Mission Related Activities 20,969
East Asia and the Pacific 0 0 Program Services Travel for Mission Related Activities 88,322
Europe (Including Iceland and Greenland) 0 0 Program Services Travel for Mission Related Activities 719,863
Middle East and North Africa 0 0 Program Services Travel for Mission Related Activities 17,121
North America (Canada & Mexico only) 0 0 Program Services Travel for Mission Related Activities 44,924
Russia and Neighboring States 0 0 Program Services Travel for Mission Related Activities 12,798
South America 0 0 Program Services Travel for Mission Related Activities 30,896
South Asia 0 0 Program Services Travel for Mission Related Activities 25,837
Sub-Saharan Africa 0 0 Program Services Travel for Mission Related Activities 106,728
Central America and the Caribbean 0 0 Fundraising   537
East Asia and the Pacific 0 0 Fundraising   689
Europe (Including Iceland and Greenland) 0 0 Fundraising   11,499
Middle East and North Africa 0 0 Fundraising   1,451
North America (Canada & Mexico only) 0 0 Fundraising   1,417
South America 0 0 Fundraising   70
Sub-Saharan Africa 0 0 Fundraising   596
3a Sub-total .... 10 8 877,358,187
b Total from continuation sheets to Part I ... 0 0 4,383,717
c Totals (add lines 3a and 3b) 10 8 881,741,904
For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2022
Schedule F (Form 990) 2022
Page 2
Part II
Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated 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 noncash
assistance
(h) Description
of noncash
assistance
(i) Method of
valuation
(book, FMV,
appraisal, other)
Sub-Saharan Africa SUBCONTRACT RESEARCH GRANT 1,864,882 WIRE TRANSFER      
Sub-Saharan Africa SUBCONTRACT RESEARCH GRANT 65,319 WIRE TRANSFER      
Europe (Including Iceland and Greenland) SUBCONTRACT RESEARCH GRANT 14,100 WIRE TRANSFER      
Sub-Saharan Africa SUBCONTRACT RESEARCH GRANT 72,813 WIRE TRANSFER      
Europe (Including Iceland and Greenland) SUBCONTRACT RESEARCH GRANT 342,204 WIRE TRANSFER      
East Asia and the Pacific SUBCONTRACT RESEARCH GRANT 116,357 WIRE TRANSFER      
South Asia SUBCONTRACT RESEARCH GRANT 124,808 WIRE TRANSFER      
Europe (Including Iceland and Greenland) SUBCONTRACT RESEARCH GRANT 24,611 WIRE TRANSFER      
Sub-Saharan Africa SUBCONTRACT RESEARCH GRANT 37,129 WIRE TRANSFER      
Middle East and North Africa SUBCONTRACT RESEARCH GRANT 549,213 WIRE TRANSFER      
Sub-Saharan Africa SUBCONTRACT RESEARCH GRANT 58,930 WIRE TRANSFER      
Sub-Saharan Africa SUBCONTRACT RESEARCH GRANT 177,500 WIRE TRANSFER      
East Asia and the Pacific SUBCONTRACT RESEARCH GRANT 319,257 WIRE TRANSFER      
South Asia SUBCONTRACT RESEARCH GRANT 76,635 WIRE TRANSFER      
Sub-Saharan Africa SUBCONTRACT RESEARCH GRANT 159,597 WIRE TRANSFER      
South America SUBCONTRACT RESEARCH GRANT 6,854 ELECTRONIC FUNDS TRANSFER      
Europe (Including Iceland and Greenland) SUBCONTRACT RESEARCH GRANT 26,255 WIRE TRANSFER      
Sub-Saharan Africa SUBCONTRACT RESEARCH GRANT 93,000 WIRE TRANSFER      
Sub-Saharan Africa SUBCONTRACT RESEARCH GRANT 86,240 WIRE TRANSFER      
Europe (Including Iceland and Greenland) SUBCONTRACT RESEARCH GRANT 14,212 WIRE TRANSFER      
South Asia SUBCONTRACT RESEARCH GRANT 27,560 WIRE TRANSFER      
East Asia and the Pacific SUBCONTRACT RESEARCH GRANT 15,153 WIRE TRANSFER      
Europe (Including Iceland and Greenland) SUBCONTRACT RESEARCH GRANT 48,500 WIRE TRANSFER      
Sub-Saharan Africa SUBCONTRACT RESEARCH GRANT 53,678 WIRE TRANSFER      
North America (Canada & Mexico only) SUBCONTRACT RESEARCH GRANT 51,935 CHECK      
Europe (Including Iceland and Greenland) SUBCONTRACT RESEARCH GRANT 82,441 ELECTRONIC FUNDS TRANSFER      
Middle East and North Africa SUBCONTRACT RESEARCH GRANT 24,206 CHECK      
East Asia and the Pacific SUBCONTRACT RESEARCH GRANT 61,994 WIRE TRANSFER      
South Asia SUBCONTRACT RESEARCH GRANT 106,435 WIRE TRANSFER      
Sub-Saharan Africa SUBCONTRACT RESEARCH GRANT 84,296 WIRE TRANSFER      
East Asia and the Pacific SUBCONTRACT RESEARCH GRANT 25,347 ELECTRONIC FUNDS TRANSFER      
Sub-Saharan Africa SUBCONTRACT RESEARCH GRANT 270,000 WIRE TRANSFER      
Sub-Saharan Africa SUBCONTRACT RESEARCH GRANT 117,067 WIRE TRANSFER      
Sub-Saharan Africa SUBCONTRACT RESEARCH GRANT 23,225 WIRE TRANSFER      
South Asia SUBCONTRACT RESEARCH GRANT 25,000 WIRE TRANSFER      
East Asia and the Pacific SUBCONTRACT RESEARCH GRANT 24,616 ELECTRONIC FUNDS TRANSFER      
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
28
3 Enter total number of other organizations or entities .......................MediumBullet
8
Schedule F (Form 990) 2022
Schedule F (Form 990) 2022Page 3
Part III
Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 16.
Part III can be duplicated 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
noncash
assistance
(g) Description
of noncash
assistance
(h) Method of
valuation
(book, FMV,
appraisal, other)
Fellowships Central America and the Caribbean 2 14,750 ELECTRONIC FUNDS TRANSFER      
Fellowships East Asia and the Pacific 24 164,601 ELECTRONIC FUNDS TRANSFER      
Fellowships Europe (Including Iceland and Greenland) 12 113,089 ELECTRONIC FUNDS TRANSFER      
Fellowships Middle East and North Africa 13 50,084 ELECTRONIC FUNDS TRANSFER      
Fellowships North America (Canada & Mexico only) 1 1,000 ELECTRONIC FUNDS TRANSFER      
Fellowships Russia and Neighboring States 2 5,250 ELECTRONIC FUNDS TRANSFER      
Fellowships South America 2 5,150 ELECTRONIC FUNDS TRANSFER      
Fellowships South Asia 24 196,845 ELECTRONIC FUNDS TRANSFER      
Fellowships Sub-Saharan Africa 11 177,614 WIRE TRANSFER      
International Program Advances Sub-Saharan Africa 1 19,382 WIRE TRANSFER      
Scholarships Central America and the Caribbean 10 19,928 CHECK      
Scholarships East Asia and the Pacific 46 107,211 ELECTRONIC FUNDS TRANSFER      
Scholarships Europe (Including Iceland and Greenland) 44 147,787 CHECK      
Scholarships Middle East and North Africa 23 65,810 CHECK      
Scholarships North America (Canada & Mexico only) 13 56,538 CHECK      
Scholarships Russia and Neighboring States 12 51,076 CHECK      
Scholarships South America 41 124,062 CHECK      
Scholarships South Asia 45 227,658 ELECTRONIC FUNDS TRANSFER      
Scholarships Sub-Saharan Africa 42 125,479 CHECK      
Student Prizes Central America and the Caribbean 1 250 ELECTRONIC FUNDS TRANSFER      
Student Prizes East Asia and the Pacific 13 11,640 ELECTRONIC FUNDS TRANSFER      
Student Prizes Europe (Including Iceland and Greenland) 9 15,376 ELECTRONIC FUNDS TRANSFER      
Student Prizes Middle East and North Africa 1 450 ELECTRONIC FUNDS TRANSFER      
Student Prizes North America (Canada & Mexico only) 5 1,500 ELECTRONIC FUNDS TRANSFER      
Student Prizes Russia and Neighboring States 1 5,000 WIRE TRANSFER      
Student Prizes South America 3 3,814 ELECTRONIC FUNDS TRANSFER      
Student Prizes South Asia 5 13,700 ELECTRONIC FUNDS TRANSFER      
Student Stipends East Asia and the Pacific 3 405 ELECTRONIC FUNDS TRANSFER      
Student Stipends Europe (Including Iceland and Greenland) 1 2,000 ELECTRONIC FUNDS TRANSFER      
Student Stipends South Asia 2 3,450 ELECTRONIC FUNDS TRANSFER      
Student Stipends Sub-Saharan Africa 5 3,880 WIRE TRANSFER      
Subcontract Research Grants South Asia 1 12,251 WIRE TRANSFER      
Schedule F (Form 990) 2022
Schedule F (Form 990) 2022
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, Return by a U.S. Transferor of Property to a Foreign Corporation (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 separately file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A; don't file with Form 990). . . . . . . . . . . . . . . . . . . . . . . .
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, Information 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 separately file Form 5713, International Boycott Report (see Instructions for Form 5713; don't file with Form 990).. . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule F (Form 990) 2022
Schedule F (Form 990) 2022
Page 5
Part V
Supplemental Information
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.
ReturnReference Explanation
Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds DUE TO THE VARIOUS TYPES OF GRANT FUND EXPENDITURES THE UNIVERSITY USES MULTIPLE INTERNAL CONTROL PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS AND ASSISTANCE OUTSIDE THE UNITED STATES. FOR FELLOWSHIPS, PRIZES AND STIPENDS, PAYMENTS ARE MADE THROUGH OUR FINANCIAL SERVICES-ACCOUNTS PAYABLE DEPARTMENT. THE PROCESS REQUIRES PRE-APPROVAL BY A PARTICULAR DEPARTMENT-HEAD AND SPECIFIC DOCUMENTATION AND AUTHORIZATIONS ARE NECESSARY IN ORDER TO PROCESS A PAYMENT. FOR INTERNATIONAL PROJECT ADVANCES, A MAJORITY OF THE PAYMENTS ARE WIRED DIRECTLY TO A DESIGNATED FOREIGN BANK ACCOUNT. THE UNIVERSITY HAS REPRESENTATIVES IN THE SPECIFIC REGION WHO MAINTAIN THE CASH FOR EXPENDITURES AND THEIR INTENDED PURPOSES. FOR SCHOLARSHIPS, ALL FOREIGN ADDRESS STUDENTS ARE PROVIDED WITH A CHECK PAYMENT THAT IS PROCESSED FROM THE ACCOUNTS PAYABLE DEPARTMENT. THE FINANCIAL AID OFFICE ADMINISTERS THE LISTING OF PAYEES AND THE FINANCIAL SERVICES OFFICE RECORDS THE TRANSACTIONS AFTER ALL REQUIRED DOCUMENTATION HAS BEEN RECEIVED. FOR SUBCONTRACT RESEARCH GRANTS, A PRINCIPAL INVESTIGATOR (PI) IS RESPONSIBLE FOR ALL ASPECTS OF A GRANT ALONG WITH THE COMPLIANCE ACTIVITIES. ALL OF THESE PROCEDURES ENSURE THAT GRANT FUNDS USED OUTSIDE THE UNITED STATES ARE BEING PROPERLY MONITORED.
Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; RUSSIA AND NEIGHBORING STATES-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual
Schedule F, Part II, Line 1 Method used to account for expenditures on org's financial statements EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual
Schedule F, Part III Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN -Accrual EAST ASIA AND THE PACIFIC -Accrual EUROPE (INCLUDING ICELAND AND GREENLAND) -Accrual MIDDLE EAST AND NORTH AFRICA -Accrual NORTH AMERICA (CANADA & MEXICO ONLY) -Accrual RUSSIA AND NEIGHBORING STATES -Accrual SOUTH AMERICA -Accrual SOUTH ASIA -Accrual SUB-SAHARAN AFRICA -Accrual
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
Schedule F (Form 990) 2022
Additional Data


Software ID: 22016089
Software Version: 2022v5.0



SCHEDULE G (Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information Regarding
Fundraising or Gaming Activities
Complete if the organization answered "Yes" on 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 arrowGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
Name of the organization
Trustees of Tufts College
 
Employer identification number

04-2103634
Part I
Fundraising Activities.Complete if the organization answered "Yes" on Form 990, Part IV, line 17.
Form 990-EZ filers are not required to complete this part.
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 10 highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization.


(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 0 0 0
3
List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing.
CA, CO, CT, DE, DC, FL, GA, AL, HI, ID, IL, IN, IA, KS, KY, LA, ME, AK, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, AZ, RI, SC, SD, TN, TX, UT, VT, VA, AR, WA, WV, WI, WY
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50083H
Schedule G (Form 990) 2022
Schedule G (Form 990) 2022
Page 2
Part II
Fundraising Events. Complete if the organization answered "Yes" on Form 990, Part IV, line 18, or reported more than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.









VerticalRevenue
(a) Event #1

SMFA ART SALE
(event type)
(b) Event #2

 
(event type)
(c) Other events

 
(total number)
(d) Total events
(add col. (a) through col. (c))

1

Gross receipts . . . . .

453,830

 

 

453,830

2

Less: Contributions . . . .

218,180

 

 

218,180
3 Gross income (line 1 minus
line 2) . . . . . .

235,650

0

0

235,650



VerticalDirectExpenses
4 Cash prizes . . . . .        
5 Noncash prizes . . . .        
6 Rent/facility costs . . . . 482     482
7 Food and beverages . . . 17,205     17,205
8 Entertainment . . . .        
9 Other direct expenses . . . 369,133     369,133
10 Direct expense summary. Add lines 4 through 9 in column (d) . . . . . . . . . . right arrow 386,820
11 Net income summary. Subtract line 10 from line 3, column (d). . . . . . . . . . right arrow -151,170
Part III
Gaming. Complete if the organization answered "Yes" on 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

Noncash 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. Subtract line 7 from line 1, column (d). . . . . . . . . right arrow

 

9
Enter the state(s) in which the organization conducts gaming activities:
a
Is the organization licensed to conduct 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:
 
Schedule G (Form 990) 2022
Schedule G (Form 990) 2022
Page 3
11
Does the organization conduct 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? . . . . . . . . . . . . . . . . .
13
Indicate the percentage of gaming activity conducted in:
a
The organization's facility . . . . . . . . . . . . . . . . . .
13a
%
b
An outside facility . . . . . . . . . . . . . . . . . . . .
13b
%
14
Enter 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 of the third party:
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
Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v); and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also provide any additional information. See instructions.
Return Reference Explanation
Schedule G (Form 990) 2022
Additional Data


Software ID: 22016089
Software Version: 2022v5.0

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

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," on Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990.
lBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2022
Open to Public
Inspection
Name of the organization
Trustees of Tufts College
 
Employer identification number
04-2103634
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 Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient
that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government
(b) EIN (c) IRC 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
noncash assistance
(h) Purpose of grant
or assistance
(1) Accompany Doula Care Inc
69 Court St
Newton,MA024581262
85-4386027 501(C)(3) 40,654       SUBCONTRACT GRANT AWARD
(2) Action for Enterprise Inc
4600 Fairfax Dr Ste 304
Arlington,VA222031553
54-1600897 501(C)(3) 89,285       SUBCONTRACT GRANT AWARD
(3) Arizona State University
PO Box 876011
Tempe,AZ852876011
86-0196696 501(C)(3) 712,237       SUBCONTRACT GRANT AWARD
(4) Auburn University
Contracts Grants Accounting 208 M
Auburn,AL368495110
27-0307838 501(C)(3) 50,583       SUBCONTRACT GRANT AWARD
(5) Battelle Pacific Northwest Division
PO Box 84391
Seattle,WA981245691
31-4379427 501(C)(3) 30,000       SUBCONTRACT GRANT AWARD
(6) Baystate Medical Center
BMC Research - Box 414168 2 Morr
Dorchester,MA02241
04-2790311 501(C)(3) 11,212       SUBCONTRACT GRANT AWARD
(7) Beth Israel Deaconess Medical Center
Research Finance Office BR 109 33
Boston,MA02215
04-2103881 501(C)(3) 108,185       SUBCONTRACT GRANT AWARD
(8) Trustees of Boston College
140 Commonwealth Ave
Chestnut Hill,MA02467
04-2103545 501(C)(3) 144,339       SUBCONTRACT GRANT AWARD
(9) Boston Medical Center
Gambro Bldg 2nd fl/660 Harrison Av
Boston,MA02118
04-3314093 501(C)(3) 65,077       SUBCONTRACT GRANT AWARD
(10) Boston University
Grants Receivables PO Box 28763
New York,NY100878763
04-2103547 501(C)(3) 227,478       SUBCONTRACT GRANT AWARD
(11) Brandeis University
Sponsored Programs Accounting 415
Waltham,MA024549110
04-2103552 501(C)(3) 27,052       SUBCONTRACT GRANT AWARD
(12) Brigham & Women's Hospital
Bank of America NA BWH - Research
Boston,MA022413887
04-2312909 501(C)(3) 92,196       SUBCONTRACT GRANT AWARD
(13) Broad Institute Inc
415 Main St
Cambridge,MA02142
26-3428781 501(C)(3) 140,348       SUBCONTRACT GRANT AWARD
(14) Brown University
Business Service Center Box 1997
Providence,RI02912
05-0258809 501(C)(3) 54,669       SUBCONTRACT GRANT AWARD
(15) Bunker Hill Community College
Accounts Receivable 250 New Rutherf
Boston,MA02129
22-2757389 501(C)(3) 47,159       SUBCONTRACT GRANT AWARD
(16) Catholic Relief Services
228 W Lexington St
Baltimore,MD21201
13-5563422 501(C)(3) 207,823       SUBCONTRACT GRANT AWARD
(17) Childrens Brain Tumor Foundation
1460 Broadway
New York,NY10036
13-3512123 501(C)(3) 12,000       SUBCONTRACT GRANT AWARD
(18) Children's Hospital Boston
PO Box 414413
Boston,MA022414413
04-2774441 501(C)(3) 148,343       SUBCONTRACT GRANT AWARD
(19) College of William and Mary
Bursars Office PO Box 8795
Williamsburg,VA231878795
54-0734117 501(C)(3) 7,659       SUBCONTRACT GRANT AWARD
(20) Colorado State University
Sponsored Programs 2002 Campus De
Fort Collins,CO805232002
84-6000545 501(C)(3) 195,427       SUBCONTRACT GRANT AWARD
(21) Cornell University
Sponsored Financial Services PO B
Ithaca,NY148510022
15-0532082 501(C)(3) 246,327       SUBCONTRACT GRANT AWARD
(22) Dana Farber Cancer Institute
PO Box 412846
Boston,MA022412846
04-2263040 501(C)(3) 5,045       SUBCONTRACT GRANT AWARD
(23) Dartmouth College
11 Rope Ferry Rd 6210
Hanover,NH037551404
02-0222111 501(C)(3) 175,592       SUBCONTRACT GRANT AWARD
(24) District of Columbia Government
899 N Capitol St NE 3rd Fl
Washington,DC200025686
53-6001131 Gov't 273,744       SUBCONTRACT GRANT AWARD
(25) Duke University
Accounts Receivable Lockbox PO Box
Charlotte,NC282602651
56-0532129 501(C)(3) 395,364       SUBCONTRACT GRANT AWARD
(26) Emory University
PO Box 935084
Atlanta,GA311935084
58-0566256 501(C)(3) 148,422       SUBCONTRACT GRANT AWARD
(27) Florida Tech
150 W University Blvd
Melbourne,FL329018995
85-1738689 501(C)(3) 32,805       SUBCONTRACT GRANT AWARD
(28) Forsyth Institute
245 First St 17th Floor
Cambridge,MA02142
04-2104230 501(C)(3) 89,077       SUBCONTRACT GRANT AWARD
(29) Fox Chase Cancer Center
Institute for Cancer Research 333
Philadelphia,PA19111
23-2003072 501(C)(3) 66,465       SUBCONTRACT GRANT AWARD
(30) Fuller Theological Seminary
School of Psychology 180 N Oaklan
Pasadena,CA91101
95-1699394 501(C)(3) 14,315       SUBCONTRACT GRANT AWARD
(31) Georgia State University
PO Box 3999
Atlanta,GA303023999
58-6033185 501(C)(3) 36,623       SUBCONTRACT GRANT AWARD
(32) Hackensack University Medical Center
111 Ideation Way Bldg 102
Nutley,NJ071105100
20-3075723 501(C)(3) 17,507       SUBCONTRACT GRANT AWARD
(33) Harvard University
President and Fellows of Harvard Co
Boston,MA022415649
04-2103580 501(C)(3) 318,962       SUBCONTRACT GRANT AWARD
(34) Health Research Inc
150 Broadway Ste 280
Menands,NY12204
14-1402155 501(C)(3) 44,534       SUBCONTRACT GRANT AWARD
(35) Fred Hutchinson Cancer Research Center
1100 Fairview Ave N PO Box 19024
Seattle,WA981091024
23-7156071 501(C)(3) 248,540       SUBCONTRACT GRANT AWARD
(36) Indiana University
PO Box 78000
Detroit,MI482780867
35-6018940 501(C)(3) 121,565       SUBCONTRACT GRANT AWARD
(37) International Food Policy Research Institute
1201 Eye St NW
Washington,DC20005
52-1041632 501(C)(3) 139,823       SUBCONTRACT GRANT AWARD
(38) Internews Network
PO Box 4448
Arcata,CA955184448
94-3027961 501(C)(3) 84,850       SUBCONTRACT GRANT AWARD
(39) Iowa State University
2221 Wanda Daley Dr
Ames,IA500111004
42-1143702 501(C)(3) 164,500       SUBCONTRACT GRANT AWARD
(40) Jackson Lab
PO Box 90260
Chicago,IL606960260
01-0211513 501(C)(3) 36,805       SUBCONTRACT GRANT AWARD
(41) Johns Hopkins University
12529 Collections Center Dr
Chicago,IL60693
52-0595110 501(C)(3) 34,778       SUBCONTRACT GRANT AWARD
(42) JSI Research & Training Institute Inc
44 Farnsworth St
Boston,MA02210
04-2679824 FOR PROFIT 741,589       SUBCONTRACT GRANT AWARD
(43) Karkhana Global
6810 29th Ave NE
Seattle,WA981157237
84-3914989 501(C)(3) 107,317       SUBCONTRACT GRANT AWARD
(44) Keyah Advanced Rural Manufacturing Alliance
PO Box 185
Church Rock,NM873110185
85-1278591 501(C)(3) 128,700       SUBCONTRACT GRANT AWARD
(45) Lahey Hospital & Medical Center
41 Mall Rd
Burlington,MA01805
04-2704683 501(C)(3) 7,500       SUBCONTRACT GRANT AWARD
(46) Land For Good Inc
PO Box 625
Keene,NH034310625
02-0530711 501(C)(3) 9,470       SUBCONTRACT GRANT AWARD
(47) Louisiana State University
6400 Perkins Rd
Baton Rouge,LA708084124
72-6020969 501(C)(3) 203,689       SUBCONTRACT GRANT AWARD
(48) Maine Medical Center
One Riverfront Plaza
Scarborough,ME04074
01-0238552 501(C)(3) 363,875       SUBCONTRACT GRANT AWARD
(49) Maryville University of Saint Louis
650 Maryville University Dr
Saint Louis,MO631415849
43-0653369 501(C)(3) 96,797       SUBCONTRACT GRANT AWARD
(50) Mass General Hospital
Research Finance Bank of America
Boston,MA022413829
04-2697983 501(C)(3) 712,997       SUBCONTRACT GRANT AWARD
(51) Mass Institute of Technology
NE49-3077 77 Massachusetts Ave
Cambridge,MA02139
04-2103594 501(C)(3) 1,229,538       SUBCONTRACT GRANT AWARD
(52) Commonwealth of Massachusetts
250 Washington St
Boston,MA02108
04-6002284 Gov't 86,794       SUBCONTRACT GRANT AWARD
(53) MDI Biological Laboratory
PO Box 35
Salisbury Cove,ME04672
01-0202467 501(C)(3) 33,048       SUBCONTRACT GRANT AWARD
(54) Merrimack College
315 Turnpike St
North Andover,MA01845
04-2103731 501(C)(3) 14,814       SUBCONTRACT GRANT AWARD
(55) MGH Institute of Health Profession
399 Revolution Dr 7th Fl Ste 745
Somerville,MA021451444
04-2868893 501(C)(3) 13,794       SUBCONTRACT GRANT AWARD
(56) Mubulushu International Inc
74 Bolton Rd
Harvard,MA014511601
81-0783807 FOR PROFIT 630,917       SUBCONTRACT GRANT AWARD
(57) Museum of Science
Science Park
Boston,MA021147188
04-2103916 501(C)(3) 17,942       SUBCONTRACT GRANT AWARD
(58) New Jersey Institute Of Technology
323 Dr Martin Luther King Jr Blvd
Newark,NJ071021982
22-1714037 501(C)(3) 36,379       SUBCONTRACT GRANT AWARD
(59) New York Road Runners Inc
156 W 56th St
New York,NY10019
13-2949483 501(C)(3) 18,349       SUBCONTRACT GRANT AWARD
(60) New York University
Sponsored Programs Administration
New York,NY10003
13-5562308 501(C)(3) 64,191       SUBCONTRACT GRANT AWARD
(61) Northeastern University
Research Finance 360 Huntington A
Boston,MA02115
04-1679980 501(C)(3) 335,818       SUBCONTRACT GRANT AWARD
(62) Northwestern University
633 Clark St Rm G-547
Evanston,IL602081112
36-2167817 501(C)(3) 25,570       SUBCONTRACT GRANT AWARD
(63) Ohio State University
PO Box 772398
Detroit,MI482772398
31-6025986 501(C)(3) 261,453       SUBCONTRACT GRANT AWARD
(64) Old Dominion University Research Foundation
4111 Monarch Way Ste 204
Norfolk,VA235082561
54-6068198 501(C)(3) 22,307       SUBCONTRACT GRANT AWARD
(65) Pennsylvania State University
227 W Beaver Ave Suite 401
State College,PA168014819
23-1352685 501(C)(3) 58,114       SUBCONTRACT GRANT AWARD
(66) Project SYNCERE
9012 S Stony Island Ave
Chicago,IL606173508
26-2554942 501(C)(3) 215,625       SUBCONTRACT GRANT AWARD
(67) Purdue University
Sponsored Programs Services 23510
Chicago,IL606731235
35-6002041 501(C)(3) 100,000       SUBCONTRACT GRANT AWARD
(68) RAND Corporation
1776 Main St PO Box 2138
Santa Monica,CA904072138
95-1958142 501(C)(3) 85,318       SUBCONTRACT GRANT AWARD
(69) Regents of the University of California at Irvine
Accounting 120 Theory Ste 200
Irvine,CA926971050
95-2226406 501(C)(3) 93,046       SUBCONTRACT GRANT AWARD
(70) Research Funding for the State University of New York
PO Box 9
Albany,NY122010009
14-1368361 501(C)(3) 13,570       SUBCONTRACT GRANT AWARD
(71) Research Foundation of City of New York
230 West 41st St 7th Fl
New York,NY10036
13-1988190 501(C)(3) 77,307       SUBCONTRACT GRANT AWARD
(72) Research Triangle Institute
Post Office Box 900002
Raleigh,NC276759000
56-0686338 501(C)(3) 62,625       SUBCONTRACT GRANT AWARD
(73) Rice University
6100 Main St MS-70
Houston,TX772522666
74-1109620 501(C)(3) 103,099       SUBCONTRACT GRANT AWARD
(74) Rowan University
201 Mullica Hill Rd
Glassboro,NJ08028
22-2764819 501(C)(3) 12,134       SUBCONTRACT GRANT AWARD
(75) Rush University
1700 West Van Buren St
Chicago,IL606123833
36-2174823 501(C)(3) 134,055       SUBCONTRACT GRANT AWARD
(76) Rutgers The State University of NJ
33 Knightsbridge Road 2nd Floor -
Piscataway,NJ088543925
22-6001086 501(C)(3) 84,317       SUBCONTRACT GRANT AWARD
(77) San Diego State University Research Foundation
5250 Campanile Dr
San Diego,CA921821947
95-6042721 501(C)(3) 92,221       SUBCONTRACT GRANT AWARD
(78) City of Somerville
93 Highland Ave
Somerville,MA02143
04-6001414 Gov't 14,706       SUBCONTRACT GRANT AWARD
(79) State Of Michigan
235 S Grand Ave
Lansing,MI489331805
38-6000134 Gov't 27,497       SUBCONTRACT GRANT AWARD
(80) Stiftelsen Norges Geotekniske Institute
10615 Shadow Wood Dr
Houston,TX77043
95-8254318 FOR PROFIT 15,000       SUBCONTRACT GRANT AWARD
(81) SustainaMetrix LLC
1101 E 33rd St Ste C310
Baltimore,MD21218
26-2596621 FOR PROFIT 38,000       SUBCONTRACT GRANT AWARD
(82) Tetra Tech ARD
159 Bank St Ste 300
Burlington,VT054014479
00-1236539 FOR PROFIT 1,044,640       SUBCONTRACT GRANT AWARD
(83) Texas A&M Health Science Center COM
Sponsored Research Services 400 H
College Station,TX778454375
31-1702109 501(C)(3) 41,113       SUBCONTRACT GRANT AWARD
(84) Tufts Medical Center
750 Washington St Box 817
Boston,MA02111
04-3400617 501(C)(3) 9,586,729       SUBCONTRACT GRANT AWARD
(85) University of California Davis
The Regents of the University of Ca
West Sacramento,CA957989062
94-6036494 501(C)(3) 148,446       SUBCONTRACT GRANT AWARD
(86) University of California Los Angeles
Box 957089 1125 Murphy Hall 405 H
Los Angeles,CA900959000
95-6006143 501(C)(3) 76,421       SUBCONTRACT GRANT AWARD
(87) University of Georgia Research Foundation Inc
Post Award Accounting 310 E Campu
Athens,GA30602
58-1353149 501(C)(3) 37,502       SUBCONTRACT GRANT AWARD
(88) University of Texas Southwestern Medical Center
PO Box 841765
Dallas,TX752841765
75-2556007 501(C)(3) 57,558       SUBCONTRACT GRANT AWARD
(89) University of California San Diego
9500 Gilman Dr MC 0009
La Jolla,CA920930009
95-6006144 501(C)(3) 54,913       SUBCONTRACT GRANT AWARD
(90) University of Cape Town
Open Society Scholars Fund 509 Ma
New York,NY100225501
13-3202349 501(C)(3) 19,297       SUBCONTRACT GRANT AWARD
(91) University of Florida
PO Box 113001
Gainesville,FL32611
59-6002052 501(C)(3) 7,049       SUBCONTRACT GRANT AWARD
(92) University of Georgia
UGA Research Foundation Inc
Athens,GA30602
58-6001998 501(C)(3) 31,533       SUBCONTRACT GRANT AWARD
(93) University of Illinois
Grants Contracts 28395 Network
Chicago,IL606731283
37-6000511 501(C)(3) 20,335       SUBCONTRACT GRANT AWARD
(94) University of Massachusetts
UMass Boston Office of Research
Boston,MA021253300
04-3167352 501(C)(3) 499,033       SUBCONTRACT GRANT AWARD
(95) University of Miami
Office of Research Administration
Atlanta,GA303845803
59-0624458 501(C)(3) 19,394       SUBCONTRACT GRANT AWARD
(96) Regents of the University of Michigan
Box 223131
Pittsburgh,PA152512131
38-6006309 501(C)(3) 156,205       SUBCONTRACT GRANT AWARD
(97) University of Missouri
Univ of Missouri-Columbia AR PO B
Kansas City,MO641807012
43-6003859 501(C)(3) 5,953       SUBCONTRACT GRANT AWARD
(98) University of Nebraska
985045 Nebraska Medical Center
Omaha,NE681985045
47-0049123 501(C)(3) 49,472       SUBCONTRACT GRANT AWARD
(99) University of Pittsburgh
500 Ross St 154-0455
Pittsburgh,PA152620001
25-0965591 501(C)(3) 490,254       SUBCONTRACT GRANT AWARD
(100) University of Tennessee
Bursars Office 210 Student Servi
Knoxville,TN379960105
62-6047697 501(C)(3) 78,092       SUBCONTRACT GRANT AWARD
(101) University of Texas
Health Science Center at Houston
Dallas,TX753031418
74-1761309 501(C)(3) 141,098       SUBCONTRACT GRANT AWARD
(102) University of Texas at Austin
PO Box 7159
Austin,TX787137159
74-6000203 501(C)(3) 134,848       SUBCONTRACT GRANT AWARD
(103) University of Utah
Grants Contracts Accounting 201
Salt Lake City,UT841129020
87-6000525 501(C)(3) 24,262       SUBCONTRACT GRANT AWARD
(104) University of Vermont
State Agricultural College Sponso
Burlington,VT054050160
03-0179440 501(C)(3) 52,633       SUBCONTRACT GRANT AWARD
(105) University of Virginia
PO Box 400195
Charlottesville,VA229044195
54-6001796 501(C)(3) 59,773       SUBCONTRACT GRANT AWARD
(106) University of Washington
Grant Contract Accounting 12455
Chicago,IL60693
91-6001537 501(C)(3) 672,555       SUBCONTRACT GRANT AWARD
(107) University of Wisconsin
UW-Madison GAR Account Office For
Milwaukee,WI532780538
39-6006492 501(C)(3) 127,933       SUBCONTRACT GRANT AWARD
(108) Urban League of Metropolitan St Louis
1408 N Kingshighway Blvd Fl 3
Saint Louis,MO631131400
43-0653605 501(C)(3) 121,848       SUBCONTRACT GRANT AWARD
(109) State of Vermont
PO Box 70
Burlington,VT054020070
03-6000264 Gov't 357,522       SUBCONTRACT GRANT AWARD
(110) Virginia Polytechnic Inst & State University
North End Center MC 0170 300 Turn
Blacksburg,VA24061
91-2069992 501(C)(3) 359,393       SUBCONTRACT GRANT AWARD
(111) Wake Forest University Health Sciences
Medical Center Blvd
WinstonSalem,NC27157
22-3849199 501(C)(3) 9,420       SUBCONTRACT GRANT AWARD
(112) Washington State University
240 French Administration Bldg PO
Pullman,WA991641025
91-6001108 501(C)(3) 54,483       SUBCONTRACT GRANT AWARD
(113) Weill Medical College of Cornell University
PO Box 22371
New York,NY100872371
13-1623978 501(C)(3) 128,918       SUBCONTRACT GRANT AWARD
(114) Wellesley College
106 Central St
Wellesley,MA02481
04-2103637 501(C)(3) 13,513       SUBCONTRACT GRANT AWARD
(115) White Mountain Science Inc
23 Ammonoosuc St Ste 1
Littleton,NH035614046
46-2915706 FOR PROFIT 124,475       SUBCONTRACT GRANT AWARD
(116) Wholesome Wave
855 Main St Ste 910
Bridgeport,CT066044915
26-0352899 501(C)(3) 8,190       SUBCONTRACT GRANT AWARD
(117) Yale University
PO Box 1873
New Haven,CT065081873
06-0646973 501(C)(3) 49,073       SUBCONTRACT GRANT AWARD
(118) Asian Women for Health Inc
83 Wallace St
Somerville,MA02144
32-0390494 501(C)(3) 42,735       SUBCONTRACT GRANT AWARD
(119) Community Servings Inc
179 Amory St
Jamaica Plain,MA021304515
22-3154028 501(C)(3) 14,035       SUBCONTRACT GRANT AWARD
(120) Regents of the University of California
1608 Fourth St Ste 201
Berkeley,CA947101103
95-6006143 501(C)(3) 61,609       SUBCONTRACT GRANT AWARD
(121) Technical Education Research Center Inc
2067 Massachusetts Ave
Cambridge,MA02140
04-6134355 501(C)(3) 38,766       SUBCONTRACT GRANT AWARD
(122) University of Texas HSC at San Antonio
7703 Floyd Curl Dr
San Antonio,TX782293900
74-1717115 501(C)(3) 247,303       SUBCONTRACT GRANT AWARD
(123) University of California
CASFS 1156 High St
Santa Cruz,CA95064
95-6006145 501(C)(3) 33,600       SUBCONTRACT GRANT AWARD
(124) Thinking Robots Inc
12 Channel St Ste 202
Boston,MA022102399
46-1711420 FOR PROFIT 321,880       SUBCONTRACT GRANT AWARD
(125) Fathom Information Design
300 Cambridge St Fl 5
Boston,MA021143124
27-1573165 FOR PROFIT 25,020       SUBCONTRACT GRANT AWARD
(126) Signum University
244 Rocky Pond Rd
Hollis,NH030496313
45-3208712 501(C)(3) 52,440       SUBCONTRACT GRANT AWARD
(127) 20 Moves LLC
418 Broadway Ste R
Albany,NY122072922
92-2308040 FOR PROFIT 225,000       SUBCONTRACT GRANT AWARD
(128) Tulane University
1555 Poydras St Ste 805
New Orleans,LA70112
72-0423889 501(C)(3) 9,059       SUBCONTRACT GRANT AWARD
(129) Center for Science in the Public Interest
1250 I St NW Ste 500
Washington,DC200055979
23-7122879 501(C)(3) 9,715       SUBCONTRACT GRANT AWARD
(130) YMCA of Metropolitan Chicago
1030 W Van Buren St
Chicago,IL606072916
36-2179782 501(C)(3) 9,375       SUBCONTRACT GRANT AWARD
(131) National Head Start Association
1651 Prince St
Alexandria,VA223142818
52-1282065 501(C)(3) 11,000       SUBCONTRACT GRANT AWARD
(132) Seattle Childrens Research Institute
4800 Sand Point Way NE
Seattle,WA981053901
91-0564748 501(C)(3) 17,783       SUBCONTRACT GRANT AWARD
(133) Metis Foundation
84 NE Loop 410 Ste 325
San Antonio,TX782165802
47-2219464 501(C)(3) 23,607       SUBCONTRACT GRANT AWARD
(134) Washington University
700 Rosedale Ave
St Louis,MO631121408
43-0653611 501(C)(3) 54,914       SUBCONTRACT GRANT AWARD
(135) University of Denver
PO Box 911811
Denver,CO802911811
84-0404231 501(C)(3) 31,482       SUBCONTRACT GRANT AWARD
(136) Tougaloo College
500 W County Line Rd
Tougaloo,MS391749700
64-0303093 501(C)(3) 101,037       SUBCONTRACT GRANT AWARD
(137) University of Maryland
Office of the Comptroller
College Park,MD207423141
52-6002033 501(C)(3) 82,333       SUBCONTRACT GRANT AWARD
(138) Childrens Hospitals & Clinics of MN
2525 Chicago Ave S
Minneapolis,MN55404
41-1754276 501(C)(3) 5,130       SUBCONTRACT GRANT AWARD
(139) New York Academy of Medicine
1216 Fifth Ave
New York,NY10029
13-1656674 501(C)(3) 6,789       SUBCONTRACT GRANT AWARD
(140) Board of Regents of Nevada
1664 No Virginia St
Reno,NV89557
88-6000024 501(C)(3) 54,009       SUBCONTRACT GRANT AWARD
(141) Dalberg
155 W 23rd St Fl 6
New York,NY100113191
26-1546220 FOR PROFIT 49,350       SUBCONTRACT GRANT AWARD
(142) Reuben V Anderson Center for Justice
500 W County Line Rd
Tougaloo,MS391749700
84-3206571 501(C)(3) 100,581       SUBCONTRACT GRANT AWARD
(143) Brookings Institution
1775 Massachusetts Ave NW
Washington,DC200362103
53-0196577 501(C)(3) 7,417       SUBCONTRACT GRANT AWARD
(144) University of New Hampshire
51 College Rd
Durham,NH038243585
02-6000937 501(C)(3) 8,936       SUBCONTRACT GRANT AWARD
(145) Georgia Department of Public Health
2 Peachtree Street NW
Atlanta,GA30303
90-0676388 501(C)(3) 130,445       SUBCONTRACT GRANT AWARD
(146) Delta Health Center Inc
702 Martin Luther King St
Mound Bayou,MS387629314
64-0443928 501(C)(3) 44,426       SUBCONTRACT GRANT AWARD
(147) North Carolina Department of Health
5601 Six Forks Road Suite 1-A-5
Raleigh,NC276991914
56-2033116 501(C)(3) 48,635       SUBCONTRACT GRANT AWARD
(148) Regents of University of Colorado
PO Box 910238
Denver,CO802910238
84-6000555 501(C)(3) 99,703       SUBCONTRACT GRANT AWARD
(149) Virginia State University
PO Box 9415
Petersburg,VA23806
54-6001811 501(C)(3) 7,655       SUBCONTRACT GRANT AWARD
(150) 1890 Universities Foundation
1220 L St NW Ste 1000
Washington,DC200054825
20-5683899 501(C)(3) 21,748       SUBCONTRACT GRANT AWARD
(151) UEC
5500 University Pkwy
San Bernardino,CA924072318
95-6067343 FOR PROFIT 12,022       SUBCONTRACT GRANT AWARD
(152) Utah State University
PO Box 35146
Seattle,WA981245146
87-6000528 501(C)(3) 15,778       SUBCONTRACT GRANT AWARD
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
136
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
16
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2022

Schedule I (Form 990) 2022
Page 2
Part III
Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Number of
recipients
(c) Amount of
cash grant
(d) Amount of
noncash assistance
(e) Method of valuation (book,
FMV, appraisal, other)
(f) Description of noncash assistance
(1) SCHOLARSHIPS 7106 176,349,157      
(2) FELLOWSHIPS 671 2,455,366      
(3) STUDENT & FACULTY PRIZES 609 634,510      
(4) STUDENT STIPENDS 555 479,682      
(4)
(5)
(6)
(7)
Part IV
Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.
Return Reference Explanation
Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. DUE TO THE VARIOUS TYPES OF GRANT FUND EXPENDITURES THE UNIVERSITY USES MULTIPLE INTERNAL CONTROL PROCEDURES FOR MONITORING THE USE OF U.S. GRANT FUNDS AND ASSISTANCE. FELLOWSHIPS, PRIZES AND STIPEND PAYMENTS ARE MADE THROUGH OUR FINANCIAL SERVICES AND ACCOUNTS PAYABLE DEPARTMENT. THE PROCESS REQUIRES PRE-APPROVAL BY A PARTICULAR DEPARTMENT-HEAD AND SPECIFIC DOCUMENTATION AND AUTHORIZATIONS ARE NECESSARY IN ORDER TO PROCESS A PAYMENT. A MAJORITY OF PAYMENTS ARE MADE VIA CHECK. FOR DOMESTIC SCHOLARSHIPS, THE FINANCIAL AID OFFICE (FAO) MAINTAINS AN INDEPENDENT FINANCIAL AID ACCOUNTING SYSTEM. THE FAO ADMINISTERS THE LISTING OF AWARD RECIPIENTS AND RECONCILES, ON A MONTHLY BASIS, THE CORRESPONDING EXPENSES WITH THE UNIVERSITY GENERAL LEDGER SYSTEM. THE CASH GRANTS ARE ALSO REFLECTED ON EACH INDIVIDUAL STUDENT ACCOUNT. THE FINANCIAL SERVICES OFFICE INDEPENDENTLY RECORDS THE TRANSACTIONS AFTER ALL REQUIRED SYSTEM-FEED DOCUMENTATION HAS BEEN RECEIVED. ADDITIONALLY, ALL FEDERAL SCHOLARSHIP ACTIVITIES ARE MONITORED SEPARATELY BY THE SPONSORED ACCOUNTING DEPARTMENT (SPA). FOR SUBCONTRACT RESEARCH GRANTS, THE UNIVERSITY MAINTAINS A SPONSORED RESEARCH ACCOUNTING (SPA) DEPARTMENT WHICH HAS FINANCIAL OVERSIGHT FOR ALL GRANT AND CONTRACT ACTIVITY. THE PRINCIPAL INVESTIGATOR (PI) IS RESPONSIBLE FOR ALL ASPECTS OF A GRANT ALONG WITH THE COMPLIANCE ACTIVITIES. SPECIFIC GRANT-RELATED EXPENDITURE ACTIVITIES ARE PROCESSED BY THE UNIVERSITY ACCOUNTS PAYABLE DEPARTMENT. SUB-RECIPIENT MONITORING: A PRINCIPAL INVESTIGATOR (PI) NEGOTIATES SUBCONTRACTS WITH SUB-RECIPIENTS THROUGH THE OFFICE OF THE VICE PROVOST. WHEN AN AGREEMENT IS FULLY EXECUTED, IT MUST BE SUBMITTED TO THE OFFICE OF SPONSORED PROGRAMS ACCOUNTING (SPA) ALONG WITH A COMPLETED CONSULTANT PAYMENT FORM. ANY ISSUES REGARDING SUB-RECIPIENT PERFORMANCE ARE REPORTED TO THE OFFICE OF THE VICE PROVOST AND SPA. ALSO, SPA IS RESPONSIBLE FOR ENSURING THAT ALL SUB-RECIPIENTS ARE IN COMPLIANCE WITH OMB CIRCULAR A-133 REQUIREMENTS.
Schedule I (Form 990) 2022



Additional Data


Software ID: 22016089
Software Version: 2022v5.0


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" on Form 990, Part IV, line 23.
SchJMediumBullet Attach to Form 990.
SchJMediumBullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
Name of the organization
Trustees of Tufts College
 
Employer identification number

04-2103634
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 on 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 on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of 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
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....
2
Yes
 
3
Indicate which, if any, of the following the filing organization used 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 on 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
 
No
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), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on 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," on line 5a or 5b, describe in Part III.
6
For persons listed on 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," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
Yes
 
8
Were any amounts reported on 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
Yes
 
9
If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
Yes
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2022

Schedule J (Form 990) 2022
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 on 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 (E) amounts for that individual.
(A) Name and Title (B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC (C) Retirement and other deferred compensation (D) Nontaxable
benefits
(E) Total of columns
(B)(i)-(D)
(F) Compensation in column (B) reported as deferred on prior Form 990
(i) Base
compensation
(ii) Bonus & incentive
compensation
(iii) Other reportable compensation
1Anthony P Monaco
 
Trustee & University President - End Date 6/30/2023
(i)

(ii)
960,283
-------------
0
0
-------------
0
113,240
-------------
0
38,400
-------------
0
145,872
-------------
0
1,257,795
-------------
0
0
-------------
0
2Deborah T Kochevar
 
Interim Provost & Sr VP - End Date 6/30/2019
(i)

(ii)
231,025
-------------
0
0
-------------
0
2,614
-------------
0
25,804
-------------
0
80
-------------
0
259,523
-------------
0
0
-------------
0
3Jean E Ayers
 
Interim VP - Communications & Marketing - End Date 8/27/2018
(i)

(ii)
201,663
-------------
0
0
-------------
0
792
-------------
0
23,121
-------------
0
8,250
-------------
0
233,826
-------------
0
0
-------------
0
4Deborah Blackie
 
Interim VP Human Resources - End Date 7/20/2020
(i)

(ii)
181,028
-------------
0
1,530
-------------
0
2,050
-------------
0
20,280
-------------
0
10,866
-------------
0
215,754
-------------
0
0
-------------
0
5Mary R Jeka
 
SVP - University Relations and General Counsel
(i)

(ii)
477,090
-------------
0
0
-------------
0
59,677
-------------
0
38,400
-------------
0
10,835
-------------
0
586,002
-------------
0
0
-------------
0
6Paul J Tringale
 
Secretary of Corporation
(i)

(ii)
180,479
-------------
0
0
-------------
0
1,129
-------------
0
21,473
-------------
0
154,457
-------------
0
357,538
-------------
0
0
-------------
0
7Eric C Johnson
 
SVP - University Advancement
(i)

(ii)
523,707
-------------
0
0
-------------
0
24,329
-------------
0
38,400
-------------
0
23,609
-------------
0
610,045
-------------
0
0
-------------
0
8Elizabeth Mcclain
 
Associate Treasurer
(i)

(ii)
209,169
-------------
0
0
-------------
0
857
-------------
0
25,079
-------------
0
50,264
-------------
0
285,369
-------------
0
0
-------------
0
9Barbara Stein
 
VP Operations
(i)

(ii)
346,575
-------------
0
0
-------------
0
7,600
-------------
0
38,400
-------------
0
28,224
-------------
0
420,799
-------------
0
0
-------------
0
10Michael Rodman
 
VP Communications & Marketing
(i)

(ii)
235,417
-------------
0
0
-------------
0
21,106
-------------
0
32,974
-------------
0
30,295
-------------
0
319,792
-------------
0
0
-------------
0
11Michael W Howard
 
Executive VP
(i)

(ii)
612,868
-------------
0
0
-------------
0
23,470
-------------
0
38,400
-------------
0
29,868
-------------
0
704,606
-------------
0
0
-------------
0
12Sara M Judge
 
VP Development
(i)

(ii)
410,149
-------------
0
0
-------------
0
23,414
-------------
0
38,400
-------------
0
10,312
-------------
0
482,275
-------------
0
0
-------------
0
13James M Hurley
 
CFO, VP-Finance & Treasurer
(i)

(ii)
448,969
-------------
0
0
-------------
0
26,634
-------------
0
38,400
-------------
0
10,735
-------------
0
524,738
-------------
0
0
-------------
0
14Christopher M Sedore
 
VP - Information Technology, CIO
(i)

(ii)
406,676
-------------
0
0
-------------
0
21,527
-------------
0
38,400
-------------
0
25,107
-------------
0
491,710
-------------
0
0
-------------
0
15Kim Ryan
 
VP Human Resources
(i)

(ii)
352,720
-------------
0
0
-------------
0
9,872
-------------
0
38,400
-------------
0
23,609
-------------
0
424,601
-------------
0
0
-------------
0
16Amartya Kumar Ray
 
See Schedule O for Title
(i)

(ii)
232,474
-------------
0
0
-------------
0
223
-------------
0
27,895
-------------
0
4,392
-------------
0
264,984
-------------
0
0
-------------
0
17Caroline Genco
 
Provost and Senior Vice President Ad Interim
(i)

(ii)
603,840
-------------
0
0
-------------
0
4,467
-------------
0
38,400
-------------
0
23,444
-------------
0
670,151
-------------
0
0
-------------
0
18Joyce S Knoll
 
Interim Dean Cummings School - End Date 7/14/2019
(i)

(ii)
179,064
-------------
0
500
-------------
0
2,012
-------------
0
19,935
-------------
0
10,146
-------------
0
211,657
-------------
0
0
-------------
0
19James M Glaser
 
Dean Arts & Sciences
(i)

(ii)
430,701
-------------
0
0
-------------
0
3,045
-------------
0
38,400
-------------
0
10,109
-------------
0
482,255
-------------
0
0
-------------
0
20Daniel Jay
 
Dean School for Graduate Biomedical Sciences End Date 6/30/2023
(i)

(ii)
250,289
-------------
0
13,990
-------------
0
3,002
-------------
0
29,631
-------------
0
8,715
-------------
0
305,627
-------------
0
0
-------------
0
21Alastair E Cribb
 
Dean Cummings School
(i)

(ii)
325,953
-------------
0
0
-------------
0
2,265
-------------
0
38,400
-------------
0
23,963
-------------
0
390,581
-------------
0
0
-------------
0
22Nadeem Karimbux
 
Dean Dental School
(i)

(ii)
437,971
-------------
0
0
-------------
0
2,043
-------------
0
38,400
-------------
0
31,646
-------------
0
510,060
-------------
0
0
-------------
0
23Helen W Boucher
 
Dean of Medical School - Start Date 7/1/2022
(i)

(ii)
675,579
-------------
0
0
-------------
0
3,292
-------------
0
38,400
-------------
0
26,284
-------------
0
743,555
-------------
0
0
-------------
0
24Kyongbum Lee
 
Dean of Engineering
(i)

(ii)
348,768
-------------
0
0
-------------
0
856
-------------
0
38,400
-------------
0
28,682
-------------
0
416,706
-------------
0
0
-------------
0
25Dariush Mozaffarian
 
Dean Friedman School
(i)

(ii)
413,997
-------------
0
0
-------------
0
1,042
-------------
0
38,400
-------------
0
30,943
-------------
0
484,382
-------------
0
0
-------------
0
26Nadine Aubry
 
Professor & Senior Advisor to Dean
(i)

(ii)
654,870
-------------
0
0
-------------
0
116,472
-------------
0
38,400
-------------
0
26,351
-------------
0
836,093
-------------
0
0
-------------
0
27Rachel E Kyte
 
Dean Fletcher School
(i)

(ii)
434,782
-------------
0
0
-------------
0
1,948
-------------
0
38,400
-------------
0
300
-------------
0
475,430
-------------
0
0
-------------
0
28Craig W Smith
 
Chief Investment Officer
(i)

(ii)
483,563
-------------
0
58,909
-------------
0
804
-------------
0
41,819
-------------
0
29,897
-------------
0
614,992
-------------
0
44,328
-------------
0
29Bhaskar Chakravorti
 
Dean of Global Business
(i)

(ii)
389,426
-------------
0
0
-------------
0
5,190
-------------
0
38,400
-------------
0
25,606
-------------
0
458,622
-------------
0
0
-------------
0
Schedule J (Form 990) 2022

Schedule J (Form 990) 2022
Page 3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
Return Reference Explanation
Schedule J, Part I, Line 1a Tax indemnification and gross-up payments THE UNIVERSITY MAY INDEMNIFY AND PROVIDE TAX GROSS- UP AMOUNTS TO REIMBURSE OFFICERS AND SENIOR MANAGEMENT EMPLOYEES WHERE ADDITIONAL PERSONAL INCOME TAXES ARE INCURRED FROM THE INCLUSION OF A TAXABLE FRINGE BENEFIT. DURING THE CALENDAR YEAR 2022, ONE Current OFFICER, One Former Officer, AND ONE KEY EMPLOYEE RECEIVED TAX INDEMNIFICATION AND GROSS-UP PAYMENTS, ALL OF WHICH WERE INCLUDED IN TAXABLE COMPENSATION TO THE EMPLOYEES.
Schedule J, Part I, Line 1a Housing allowance or residence for personal use AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF TUFTS UNIVERSITY, THE UNIVERSITY PRESIDENT IS REQUIRED TO RESIDE ON CAMPUS. AS SUCH, THE VALUE OF ON-CAMPUS HOUSING IS NOT INCLUDED IN TAXABLE COMPENSATION, BUT IS REFLECTED IN SCHEDULE J, PART II, COLUMN (D).
Schedule J, Part I, Line 1a Personal services THE UNIVERSITY PROVIDES HOUSECLEANING AS A PERSONAL SERVICE TO THE PRESIDENT. The value of the services are included in taxable compensation and grossed up. THE UNIVERSITY PROVIDES A DRIVER AND VEHICLE FOR THE PRESIDENT FOR CERTAIN UNIVERSITY EVENTS. NO AMOUNT OF THIS BENEFIT HAS BEEN TREATED AS TAXABLE COMPENSATION.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan CRAIG W. SMITH, CHIEF INVESTMENT OFFICER, PARTICIPATED IN AN EMPLOYEE INCENTIVE COMPENSATION PLAN THAT IS BASED OFF OF JOB AND PORTFOLIO PERFORMANCE WHICH ALLOWS FOR UP TO 100% OF BASE SALARY EARNINGS. HE RECEIVED A PAYOUT AMOUNT OF $58,909 IN 2022. THIS AMOUNT IS REPORTED IN PART II, COLUMN B(ii). THE TERMS OF THE INCENTIVE PAYOUTS INCLUDE A VESTING SCHEDULE COVERING TWO YEARS WHICH ALLOW FOR 50% IN YEAR ONE AND 50% IN YEAR TWO . THE ACTUAL INCENTIVE PAYOUTS ARE MADE IN THE SECOND FISCAL QUARTER FOLLOWING THE CLOSE OF THE FISCAL YEAR TO WHICH THE INCENTIVE PAYMENT APPLIES. TOTAL CURRENT-YEAR EARNED INCOME DEFERRAL AMOUNTS ARE INCLUDED ON SCHEDULE J, PART II, COLUMN C. AND THE AMOUNT PAID TO THIS INDIVIDUAL IS FURTHER EXPLAINED ON SCHEDULE J, PART I, LINE 7.
Schedule J, Part I, Line 7 Non-fixed payments Certain individuals listed in Schedule J, Part II received NON-FIXED BONUS PAYMENTS FOR EXTRAORDINARY JOB PERFORMACE. THE amounts of such bonuses are shown on Schedule J, Part II, Column B(ii). One INVESTMENT OFFICE EMPLOYEE PARTICIPATED IN A DISCRETIONARY INCENTIVE PLAN AND RECEIVED a NON-FIXED PAYMENT FOR INDIVIDUAL JOB PERFORMANCE AND FOR ACHIEVING CERTAIN GOALS AND OBJECTIVES. THis AMOUNT is A COMPONENT OF THE TOTAL REPORTABLE AMOUNT AS EXPLAINED ON SCHEDULE J, LINE 4(B) AND is REPORTED IN SCHEDULE J, PART II, COLUMN B(II)
Schedule J, Part I, Line 8 Payments on contract that is subject to the initial contract exception The PROVOST AND SENIOR VICE PRESIDENT, THE DEAN OF ENGINEERING, AND THE DEAN Of the MEDICAL SCHOOL ARE SERVING UNDER THEIR INITIAL CONTRACTS.
Schedule J (Form 990) 2022

Additional Data


Software ID: 22016089
Software Version: 2022v5.0

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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 , line 24a. Provide descriptions,
explanations, and any additional information in Part .
SchKMediumBullet Attach to Form 990.

SchKMediumBulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Name of the organization
Trustees of Tufts College
 
Employer identification number
04-2103634
Part
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 MHEFA Series N
 
04-2456011 57586CV36 03-27-2008 140,600,000 REFUND ISSUE DATED 08/05/2004 & 01/12/2006   X   X   X
B MHEFA Series M
 
04-2456011 57586ejt9 06-11-2009 66,548,467 REFUND ISSUE DATED 04/01/1998   X   X   X
C MHEFA SERIES G
 
04-2456011 57586EKD2 07-01-2009 27,900,000 REFUND ISSUES DATED 6/14/1995 & 6/07/2001   X   X   X
D MDFA Series P
 
04-3431814 57583r7l3 02-08-2011 50,532,192 REFUND ISSUE DATED 04/03/2001   X   X   X
MDFA SERIES Q
 
04-3431814 57583U4K1 02-26-2015 78,544,431 REFUND ISSUE DATED 11/13/2008 & CONSTRUCT FACILITY X     X   X
MDFA SERIES (MASTER LEASE AGRMNT)
 
04-3431814   03-17-2015 28,000,000 CONSTRUCT FACILITY   X   X   X
MDFA SERIES R
 
04-3431814 57584YNF2 12-13-2018 34,000,000 IMPROVEMENTS TO EXISTING BUILDINGS   X   X   X
Part
Proceeds
A B C D
1 Amount of bonds retired .................. 35,200,000 27,320,000 3,600,000  
2 Amount of bonds legally defeased .............. 0 0    
3 Total proceeds of issue .................. 140,600,000 66,548,467 27,900,000 50,532,192
4 Gross proceeds in reserve funds ............. 0 0    
5 Capitalized interest from proceeds ............. 0 0    
6 Proceeds in refunding escrows ............... 0 0    
7 Issuance costs from proceeds ............... 600,000 538,881 384,520 532,192
8 Credit enhancement from proceeds ............. 0 0    
9 Working capital expenditures from proceeds ............. 0 0    
10 Capital expenditures from proceeds ............. 0 0 33,932,709  
11 Other spent proceeds ............. 140,000,000 66,009,586 27,900,000 50,000,000
12 Other unspent proceeds ............. 0 0 0  
13 Year of substantial completion ............. 2008 2009 2009 2011
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue of tax-exempt
bonds (or, if issued prior to 2020, a current refunding issue)? ........
X   X   X   X  
15 Were the bonds issued as part of an advance refunding issue of taxable
bonds (or, if issued prior to 2020, an advance refunding issue)? ........
  X   X   X   X
16 Has the final allocation of proceeds been made? .......... X   X   X   X  
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? .................. X   X   X   X  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2021

Schedule K (Form 990) 2021
Page 2
Part
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   X   X    
2 Are there any lease arrangements that may result in private business use of bond-financed property? ............... X   X   X      
3a Are there any management or service contracts that may result in private business use of bond-financed property? ............. X     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? X       X      
c Are there any research agreements that may result in private business use of bond-financed property? ............. X     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   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 0 % 0 % 0 %  
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 % 0 % 0 %  
6 Total of lines 4 and 5 ............. 0 % 0 % 0 % 0 %
7 Does the bond issue meet the private security or payment test? ...   X   X   X    
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............   X   X   X    
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..        
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............                
9 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   X      
Part
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...   X   X   X   X
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......   X   X   X   X
b Exception to rebate? ........ X   X   X   X  
c No rebate due? .........   X   X   X   X
If "Yes" to line 2c, provide in Part the date the rebate
computation was performed ......
3 Is the bond issue a variable rate issue? ..... X     X X   X  
Schedule K (Form 990) 2021

Schedule K (Form 990) 2021
Page 3
Part
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue? X     X   X X  
b Name of provider .......... DEUTSCHE BANK & BNY MELLON
 
 
 
 
 
BNY MELLON
 
c Term of hedge ......... 1000 %     2500 %
d Was the hedge superintegrated? ...... X             X
e Was the hedge terminated? ........   X           X
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?   X   X   X   X
b Name of provider .......... Deutsche Bank and Bank of America
 
 
 
 
 
 
 
c Term of GIC .........        
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........                
6 Were any gross proceeds invested beyond an available temporary period?   X   X   X   X
7 Has the organization established written procedures to monitor the requirements of section 148? ... X   X   X   X  
Part
Procedures To Undertake Corrective Action
--------------------------------------------------------------------------------------------------------------- A B C D
Yes No Yes No Yes No Yes No
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? X   X   X   X  
Part
Supplemental Information. Provide additional information for responses to questions on Schedule K. (See instructions).
Return Reference Explanation
Schedule K, Part I SEVEN DEBT ISSUES ARE LISTED ON SCHEDULE K & MULTIPLE SCHEDULES ARE ATTACHED
Schedule K, Part IV, Line 3 MDFA SERIES (MASTER LEASE AGREEMENT) RATE IS VARIABLE FOR YEARS(S) 1 & 2 AND CONVERTS TO A FIXED RATE FOR THE REMAINDER OF THE TERM.
Schedule K, Part I, Column (b) CUSIP # MDFA SERIES (MASTER LEASE AGREEMENT) DOES NOT HAVE A CUSIP
Schedule K, Part II, Line 11 ALL COLUMNS THAT ARE FROM REFUNDINGS THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW
Schedule K, Part III Column (D) SERIES 2011P IS A REFUNDING OF AN ISSUE DATED PRIOR TO 12/31/2002 AND THEREFORE IS EXEMPT FROM REPORTING ON PART III OF SCHEDULE K
Schedule K, Part III, Line 6 ALL SERIES WITH 0.0% WHILE THERE MAY BE LEASES, MANAGEMENT CONTRACTS, OR RESEARCH AGREEMENTS OCCURRING IN BOND FINANCED PROPERTY, DUE TO EQUITY CONTRIBUTIONS OR OTHER PRIVATE BUSINESS USE EXCEPTIONS, THE ARRANGEMENTS DO NOT GENERATE PRIVATE BUSINESS FOR THE CURRENT REPORTING PERIOD
Schedule K, Part III COLUMNS (B) & (C) BOTH SERIES M & SERIES G ARE REFUNDING'S OF AN ISSUES DATED PRIOR TO 12/31/2002 AND THEREFORE ARE EXEMPT FROM REPORTING ON PART III OF SCHEDULE K
Schedule K, Part II, Line 1 COLUMN (A) AS PART OF A REMEDIAL ACTION PROCEEDS FROM THE SALE OF A BOSTON BUILDING WERE USED TO RETIRE SERIES N DEBT.
Schedule K, Part II, Line 2 COLUMN (A) AS PART OF A REMEDIAL ACTION, PROCEEDS FROM THE SALE OF BOSTON BUILDING WERE USED TO DEFEASE SERIES Q DEBT.
Schedule K, Part II, Line 3 COLUMN (C) SERIES R ISSUED AT PAR AND DUE IN AUGUST, 2048
Schedule K, Part II, Line 1 COLUMN B ANNUAL PRINCIPAL PAY-DOWN AND RETIREMENT OF MULTIPLE BONDS
Schedule K, Part II, Line 10 COLUMN (C) SERIES R HAD FINAL SPEND-DOWN OF PROCEEDS ON PROJECTS
Schedule K, Part II, Line 3 COLUMN C THE DIFFERENCE IN SERIES R PROCEEDS IS ATTRIBUTABLE TO INVESTMENT EARNINGS
Schedule K, Part I MHEFA & MDFA MASSACHUSETTS HEALTH AND EDUCATIONAL FACILITIES AUTHORITY MASSACHUSETTS DEVELOPMENT FINANCE AUTHORITY
Schedule K, Part IV, Line 2c COLUMN A Issuer name: MDFA SERIES Q The calculation for computing no rebate due was performed on 08/02/2021
Schedule K (Form 990) 2021

Additional Data


Software ID: 22016089
Software Version: 2022v5.0


Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

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 , line 24a. Provide descriptions,
explanations, and any additional information in Part .
SchKMediumBullet Attach to Form 990.

SchKMediumBulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Name of the organization
Trustees of Tufts College
 
Employer identification number
04-2103634
Part
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 MHEFA Series N
 
04-2456011 57586CV36 03-27-2008 140,600,000 REFUND ISSUE DATED 08/05/2004 & 01/12/2006   X   X   X
B MHEFA Series M
 
04-2456011 57586ejt9 06-11-2009 66,548,467 REFUND ISSUE DATED 04/01/1998   X   X   X
C MHEFA SERIES G
 
04-2456011 57586EKD2 07-01-2009 27,900,000 REFUND ISSUES DATED 6/14/1995 & 6/07/2001   X   X   X
D MDFA Series P
 
04-3431814 57583r7l3 02-08-2011 50,532,192 REFUND ISSUE DATED 04/03/2001   X   X   X
MDFA SERIES Q
 
04-3431814 57583U4K1 02-26-2015 78,544,431 REFUND ISSUE DATED 11/13/2008 & CONSTRUCT FACILITY X     X   X
MDFA SERIES (MASTER LEASE AGRMNT)
 
04-3431814   03-17-2015 28,000,000 CONSTRUCT FACILITY   X   X   X
MDFA SERIES R
 
04-3431814 57584YNF2 12-13-2018 34,000,000 IMPROVEMENTS TO EXISTING BUILDINGS   X   X   X
Part
Proceeds
A B C D
1 Amount of bonds retired .................. 35,200,000 27,320,000 3,600,000  
2 Amount of bonds legally defeased .............. 0 0    
3 Total proceeds of issue .................. 140,600,000 66,548,467 27,900,000 50,532,192
4 Gross proceeds in reserve funds ............. 0 0    
5 Capitalized interest from proceeds ............. 0 0    
6 Proceeds in refunding escrows ............... 0 0    
7 Issuance costs from proceeds ............... 600,000 538,881 384,520 532,192
8 Credit enhancement from proceeds ............. 0 0    
9 Working capital expenditures from proceeds ............. 0 0    
10 Capital expenditures from proceeds ............. 0 0 33,932,709  
11 Other spent proceeds ............. 140,000,000 66,009,586 27,900,000 50,000,000
12 Other unspent proceeds ............. 0 0 0  
13 Year of substantial completion ............. 2008 2009 2009 2011
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue of tax-exempt
bonds (or, if issued prior to 2020, a current refunding issue)? ........
X   X   X   X  
15 Were the bonds issued as part of an advance refunding issue of taxable
bonds (or, if issued prior to 2020, an advance refunding issue)? ........
  X   X   X   X
16 Has the final allocation of proceeds been made? .......... X   X   X   X  
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? .................. X   X   X   X  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2021

Schedule K (Form 990) 2021
Page 2
Part
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   X   X    
2 Are there any lease arrangements that may result in private business use of bond-financed property? ............... X   X   X      
3a Are there any management or service contracts that may result in private business use of bond-financed property? ............. X     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? X       X      
c Are there any research agreements that may result in private business use of bond-financed property? ............. X     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   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 0 % 0 % 0 %  
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 % 0 % 0 %  
6 Total of lines 4 and 5 ............. 0 % 0 % 0 % 0 %
7 Does the bond issue meet the private security or payment test? ...   X   X   X    
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............   X   X   X    
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..        
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............                
9 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   X      
Part
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...   X   X   X   X
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......   X   X   X   X
b Exception to rebate? ........ X   X   X   X  
c No rebate due? .........   X   X   X   X
If "Yes" to line 2c, provide in Part the date the rebate
computation was performed ......
3 Is the bond issue a variable rate issue? ..... X     X X   X  
Schedule K (Form 990) 2021

Schedule K (Form 990) 2021
Page 3
Part
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue? X     X   X X  
b Name of provider .......... DEUTSCHE BANK & BNY MELLON
 
 
 
 
 
BNY MELLON
 
c Term of hedge ......... 1000 %     2500 %
d Was the hedge superintegrated? ...... X             X
e Was the hedge terminated? ........   X           X
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?   X   X   X   X
b Name of provider .......... Deutsche Bank and Bank of America
 
 
 
 
 
 
 
c Term of GIC .........        
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........                
6 Were any gross proceeds invested beyond an available temporary period?   X   X   X   X
7 Has the organization established written procedures to monitor the requirements of section 148? ... X   X   X   X  
Part
Procedures To Undertake Corrective Action
--------------------------------------------------------------------------------------------------------------- A B C D
Yes No Yes No Yes No Yes No
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? X   X   X   X  
Part
Supplemental Information. Provide additional information for responses to questions on Schedule K. (See instructions).
Return Reference Explanation
Schedule K, Part I SEVEN DEBT ISSUES ARE LISTED ON SCHEDULE K & MULTIPLE SCHEDULES ARE ATTACHED
Schedule K, Part IV, Line 3 MDFA SERIES (MASTER LEASE AGREEMENT) RATE IS VARIABLE FOR YEARS(S) 1 & 2 AND CONVERTS TO A FIXED RATE FOR THE REMAINDER OF THE TERM.
Schedule K, Part I, Column (b) CUSIP # MDFA SERIES (MASTER LEASE AGREEMENT) DOES NOT HAVE A CUSIP
Schedule K, Part II, Line 11 ALL COLUMNS THAT ARE FROM REFUNDINGS THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW
Schedule K, Part III Column (D) SERIES 2011P IS A REFUNDING OF AN ISSUE DATED PRIOR TO 12/31/2002 AND THEREFORE IS EXEMPT FROM REPORTING ON PART III OF SCHEDULE K
Schedule K, Part III, Line 6 ALL SERIES WITH 0.0% WHILE THERE MAY BE LEASES, MANAGEMENT CONTRACTS, OR RESEARCH AGREEMENTS OCCURRING IN BOND FINANCED PROPERTY, DUE TO EQUITY CONTRIBUTIONS OR OTHER PRIVATE BUSINESS USE EXCEPTIONS, THE ARRANGEMENTS DO NOT GENERATE PRIVATE BUSINESS FOR THE CURRENT REPORTING PERIOD
Schedule K, Part III COLUMNS (B) & (C) BOTH SERIES M & SERIES G ARE REFUNDING'S OF AN ISSUES DATED PRIOR TO 12/31/2002 AND THEREFORE ARE EXEMPT FROM REPORTING ON PART III OF SCHEDULE K
Schedule K, Part II, Line 1 COLUMN (A) AS PART OF A REMEDIAL ACTION PROCEEDS FROM THE SALE OF A BOSTON BUILDING WERE USED TO RETIRE SERIES N DEBT.
Schedule K, Part II, Line 2 COLUMN (A) AS PART OF A REMEDIAL ACTION, PROCEEDS FROM THE SALE OF BOSTON BUILDING WERE USED TO DEFEASE SERIES Q DEBT.
Schedule K, Part II, Line 3 COLUMN (C) SERIES R ISSUED AT PAR AND DUE IN AUGUST, 2048
Schedule K, Part II, Line 1 COLUMN B ANNUAL PRINCIPAL PAY-DOWN AND RETIREMENT OF MULTIPLE BONDS
Schedule K, Part II, Line 10 COLUMN (C) SERIES R HAD FINAL SPEND-DOWN OF PROCEEDS ON PROJECTS
Schedule K, Part II, Line 3 COLUMN C THE DIFFERENCE IN SERIES R PROCEEDS IS ATTRIBUTABLE TO INVESTMENT EARNINGS
Schedule K, Part I MHEFA & MDFA MASSACHUSETTS HEALTH AND EDUCATIONAL FACILITIES AUTHORITY MASSACHUSETTS DEVELOPMENT FINANCE AUTHORITY
Schedule K, Part IV, Line 2c COLUMN A Issuer name: MDFA SERIES Q The calculation for computing no rebate due was performed on 08/02/2021
Schedule K (Form 990) 2021

Additional Data


Software ID: 22016089
Software Version: 2022v5.0

Schedule L
(Form 990)
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, line 38a or 40b.
MediumBullet Attach to Form 990 or Form 990-EZ.
MediumBulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
Name of the organization
Trustees of Tufts College
 
Employer identification number

04-2103634
Part I
Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and section 501(c)(29) 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) Relationship between disqualified person and organization (c) Description of transaction (d) Corrected?
Yes No
2
Enter the amount of tax incurred by 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-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22
(a) Name of interested person (b) Relationship with organization (c) Purpose of loan (d) Loan to or from the organization? (e) Original principal amount (f) Balance due (g) In default? (h) Approved by board or committee? (i) Written agreement?
To From Yes No Yes No Yes No
Total ...............Small Bullet $  
Part III
Grants or Assistance Benefiting 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 assistance (d) Type of assistance (e) Purpose of assistance
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990) 2021
Schedule L (Form 990) 2021
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) Steven Block
 
Spouse of Current Trustee 316,700 Employment   No
(2) Robert Ferrin
 
Spouse of Current Officer 96,528 Employment   No
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
Schedule L (Form 990) 2021


Additional Data


Software ID: 22016089
Software Version: 2022v5.0




SCHEDULE M
(Form 990)


Department of the Treasury
Internal Revenue Service
Noncash Contributions
Right pointing arrow large image Complete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image Attach to Form 990.
Right pointing arrow large image Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
Name of the organization
Trustees of Tufts College
 
Employer identification number

04-2103634
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 .... X 6 255,899 Market value
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 159 6,486,769 Market value
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 ... X 1 50,339 Market value
20 Drugs and medical supplies . X 6 79,798 Market value
21 Taxidermy ......        
22 Historical artifacts ....        
23 Scientific specimens ..        
24 Archeological artifacts ...        
25 Other Right pointing arrow large image ( CONTRIBUTION PORTION FROM THE SMFA ART SALE ) X 1 218,180 Market value
26 Other Right pointing arrow large image ( Rental Reduction ) X 1 260,820 Market value
27 Other Right pointing arrow large image ( Music instruments ) X 1 4,999 Market value
28 Other Right pointing arrow large image ( Educational Materials ) X 1 5,000 Market value
Other Right pointing arrow large image ( Equipment ) X 9 44,461 Market value
Other Right pointing arrow large image ( Dinner Events and Meetings ) X 3 20,231 Market value
Other Right pointing arrow large image ( Credit Points ) X 6 143,767 Market value
Other Right pointing arrow large image ( Sport/Concert Tickets ) X 4 25,923 Market value
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
8
Yes
No
30a
During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that it must hold for at least three years from the date of the initial contribution, and which isn't 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 nonstandard 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 didn't report an amount in column (c) for a type of property for which column (a) is checked,
describe in Part II.
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 51227J
Schedule M (Form 990) (2022)
Schedule M (Form 990) (2022)
Page 2
Part IISupplemental Information. 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.
Return Reference Explanation
Schedule M, Part I NON-CASH CONTRIBUTIONS THE UNIVERSITY IS REPORTING THE NUMBER OF NON-CASH FISCAL-YEAR CONTRIBUTIONS BASED ON EACH GIFT RECEIVED.
Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions THE UNIVERSITY ADVANCEMENT OFFICE AND THE SCHOOL OF MUSEUM OF FINE ARTS (SMFA) MANAGED AN ANNUAL FUNDRAISING ART SALE EVENT DURING THE FISCAL-YEAR, 6/30/2023. IN ORDER TO CREATE A SEAMLESS PROCESS FOR LOGISTICS AND SALES TRANSACTIONS TWO SEPARATE SERVICE PROVIDERS WERE USED TO FACILITATE AND SHOWCASE VARIOUS PIECES OF ARTWORK DESIGNED BY LOCAL ARTISTS AND STUDENTS FROM SMFA. ARTCALL.ORG, WHICH IS AN ON-LINE SERVICE PLATFORM FOR ARTISTS, HELPED TO SUPPORT THE ARTWORK SUBMISSIONS AND ALSO SHOWCASED INDIVIDUAL WORKS OF ART. IN ADDITION, TO FACILITATE A SECURE ENVIRONMENT FOR ALL INDIVIDUAL SALES TRANSACTIONS AND PAYMENTS, AN ENTITY CALLED CLOVER NETWORK, INC., WAS UTILIZED AS A "POINT-OF-SALE" PLATFORM TO ACCEPT AND PROCESS CARD PAYMENTS THROUGH POINT-TO-POINT ENCRYPTED DEVICES.
Schedule M (Form 990) (2022)

Additional Data


Software ID: 22016089
Software Version: 2022v5.0
SCHEDULE O
(Form 990)

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 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Name of the organization
Trustees of Tufts College
 
Employer identification number

04-2103634
Return Reference Explanation
Form 990, Part I, Line 6 NUMBER OF VOLUNTEERS TUFTS UNIVERSITY HAS NUMEROUS VOLUNTEERS INCLUDING ITS TRUSTEES AND ALUMNI WHO DEDICATE THEIR TIME, EXPERIENCE, AND EFFORTS TO THE UNIVERSITY. AS A RESULT OF HAVING SUCH A LARGE AUDIENCE OF VOLUNTEERS ACROSS OUR 3 CAMPUSES, THE ACCOUNTING PROCESS IS QUITE FRAGMENTED. THEREFORE, WITHOUT A CENTRALIZED COUNTING SYSTEM TO TRACK ALL OF OUR VOLUNTEERS, THERE IS CURRENTLY NOT AN ACCURATE WAY TO PROPERLY TRACK OR REASONABLY ESTIMATE THE ACTUAL NUMBER OF THOSE INDIVIDUALS PARTICIPATING IN VOLUNTEER-RELATED ACTIVITIES.
Form 990, Part III, Line 1 Tufts University is a student-centered research INSTITUTION dedicated to the creation and application of knowledge. With approximately 12,719 full-time students from 115 countries, we are committed to providing A transformative experience for students and faculty in an inclusive and collaborative environment where creative scholars generate bold ideas, innovate in the face of complex challenges and distinguish themselves as active citizens of the world. TUFTS UNIVERSITY'S FOCUS ON INNOVATION AND PROGRESSIVE THINKING TOOK ROOT AT ITS FOUNDING AS A LIBERAL ARTS COLLEGE IN 1852. TODAY, TUFTS UNDERGRADUATE, GRADUATE AND PROFESSIONAL SCHOOLS ARE RECOGNIZED FOR THEIR DEDICATION TO EDUCATING NEW LEADERS FOR OUR CHANGING WORLD AND TUFTS IS RECOGNIZED AMONGST THE MOST SELECTIVE ACADEMIC AND RESEARCH UNIVERSITIES IN THE UNITED STATES. SUPERB TEACHING AND WORLD-CLASS RESEARCH EQUIP TUFTS GRADUATES TO ADDRESS MULTI-FACETED CHALLENGES AROUND THE GLOBE. CREATIVE CROSS-SCHOOL COLLABORATIONS AND MULTIDISCIPLINARY CENTERS ENGAGE STUDENTS IN SEEKING SOLUTIONS TO COMPLEX ECONOMIC, HEALTH, POLITICAL AND ENVIRONMENTAL ISSUES EVEN BEFORE THEY GRADUATE. A GROWING NUMBER OF INNOVATIVE RESEARCH INITIATIVES AND JOINT DEGREE PROGRAMS ARE AVAILABLE FOR BOTH UNDERGRADUATE AND GRADUATE STUDENTS IN LIBERAL ARTS, SCIENCES AND ENGINEERING AND THE UNIVERSITY'S GRADUATE AND PROFESSIONAL SCHOOLS.
Form 990, Part VI, Line 11b Review of form 990 by governing body THE UNIVERSITY'S IN-HOUSE TAX DEPARTMENT PREPARED THE ANNUAL INFORMATION TAX FILING. AS PART OF THAT EFFORT IT INCLUDED A LIMITED-SCOPE TAX ENGAGEMENT WITH PRICEWATERHOUSECOOPERS, LLP AS A CONSULTANT TO REVIEW SPECIFIC AREAS OF THE TAX RETURN. A COMPREHENSIVE DRAFT FORM 990 WAS THEN REVIEWED BY MANAGEMENT AND THE AUDIT, RISK AND COMPLIANCE COMMITTEE BEFORE THE RETURN WAS FINALIZED. A FINAL COPY OF THE FORM 990, AS FILED, WAS PROVIDED TO THE FULL GOVERNING BODY FOR THEIR REVIEW PRIOR TO IT BEING FILED WITH THE IRS.
Form 990, Part VI, Line 12c Conflict of interest policy THE TRUSTEES OFFICE AT TUFTS UNIVERSITY MAINTAINS A STATEMENT OF COMPLIANCE AND A DISCLOSURE FORM WHICH IS USED TO DISCLOSE ANY CONFLICTS OF INTEREST FOR OFFICERS, KEY EMPLOYEES, AND GOVERNING BOARD MEMBERS ON AN ANNUAL BASIS. THESE INDIVIDUALS ARE ASKED TO READ THE CONFLICT OF INTEREST POLICY AND COMPLETE AN INTERNET-BASED QUESTIONNAIRE. EACH INDIVIDUAL IS REQUIRED TO DISCLOSE ANY POTENTIAL OR REAL CONFLICTS IN A STATEMENT THAT IS SIGNED, DATED, AND SUBMITTED ELECTRONICALLY TO THE TRUSTEES OFFICE. IN ADDITION, AS PART OF THE ANNUAL MONITORING PROCESS, CONFLICT DISCLOSURES ARE REPORTED TO THE AUDIT, RISK, AND COMPLIANCE COMMITTEE. THE AUDIT, RISK, AND COMPLIANCE COMMITTEE IS NOTIFIED AND REVIEWS SUCH DISCLOSURES AND ADVISES ON ANY NECESSARY ACTIONS. THEREAFTER, IF A DISCLOSURE IS DEEMED TO BE A CONFLICT, THE INDIVIDUAL WOULD THEN CONFIRM THAT THEY WILL NOT PARTICIPATE IN ANY DECISIONS RELATING TO THE SPECIFIC DISCLOSED CONFLICT.
Form 990, Part VI, Line 15a Process to establish compensation of top management official EXECUTIVE COMPENSATION IS DETERMINED BY THE TRUSTEE COMPENSATION COMMITTEE WHICH USES COMPREHENSIVE AND RELEVANT RESOURCES AND INFORMATION. THE COMPENSATION COMMITTEE CONSISTS OF THE CHAIRMAN OF THE BOARD OF TRUSTEES WHO MAY SERVE AS THE CHAIR, ALONG WITH ADDITIONAL MEMBERS, EACH SERVING WITH NO TERM LIMITS. THESE INDIVIDUALS ARE CHOSEN FOR THEIR PARTICULAR EXPERIENCE WITH COMPENSATION MATTERS. THE COMMITTEE MEETS AT LEAST ANNUALLY AND USES SURVEY DATA FROM HUMAN RESOURCES THAT HAVE BEEN GATHERED FROM WILLIS TOWERS WATSON, AN EXTERNAL, GLOBAL, PROFESSIONAL SERVICES COMPANY. THE EXECUTIVE COMPENSATION SURVEY INCLUDES SELECT PEER INSTITUTIONAL DATA IN THE LARGER COMPETITIVE MARKETPLACE. ALSO, WHEN CERTAIN DATA IS UNAVAILABLE, HUMAN RESOURCES ASSEMBLES INFORMATION FROM THE CUPA HIGHER EDUCATION SALARY SURVEY. ADDITIONALLY, SALARY RECOMMENDATIONS AND PERFORMANCE REVIEWS ARE PROVIDED TO THE COMPENSATION COMMITTEE TO ASSIST THEM IN THE DECISION MAKING PROCESS. THE COMPENSATION COMMITTEE DELIBERATES AND VOTES WHILE CONTEMPORANEOUSLY DOCUMENTING ITS DECISIONS RELATING TO COMPENSATION. REGARDING THE COLLEGE PRESIDENT, AFTER HAVING COLLECTED FEEDBACK FROM TRUSTEES, THE CHAIRMAN OF THE COMPENSATION COMMITTEE CONDUCTS AN ANNUAL PERFORMANCE REVIEW BEFORE THE CLOSE OF THE FISCAL YEAR.
Form 990, Part VI, Line 15b Process to establish compensation of other employees FOR OTHER EXECUTIVES, INCLUDING SENIOR OFFICERS, KEY EMPLOYEES AND DEANS, THE UNIVERSITY HUMAN RESOURCES OFFICE USED COMPENSATION SURVEYS TO BENCHMARK EACH INDIVIDUAL'S JOB TO THE RELEVANT MARKET TO ENSURE PROPER EQUITABLE COMPENSATION. ADDITIONALLY, THE COMPENSATION COMMITTEE ALSO RECEIVED WRITTEN PERFORMANCE EVALUATIONS DURING THE SAME TIME PERIOD ALONG WITH RECOMMENDATIONS FROM THE PRESIDENT, PROVOST AND EXECUTIVE VICE PRESIDENT, AS WELL AS THE SENIOR VICE PRESIDENT FOR UNIVERSITY ADVANCEMENT, SENIOR VICE PRESIDENT FOR UNIVERSITY RELATIONS AND GENERAL COUNSEL, FOR THEIR DIRECT REPORTS WHO FALL INTO THESE CATEGORIES.
Form 990, Part VI, Line 19 Required documents available to the public TRUSTEES OF TUFTS COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. ALL INFORMATION IS AVAILABLE UPON REQUEST. IN ADDITION, AUDITED FINANCIAL STATEMENTS are included as an attachment to the MASSACHUSETTS Form PC, which is a public document AND can also be found with THE CONFLICT OF INTEREST/BUSINESS CONDUCT POLICIES ON THE TUFTS UNIVERSITY WEBSITE, AT WWW.TUFTS.EDU.
Form 990, Part VII, Section A, Line 1a, Column (A) NAMES & TITLES AMARTYA KUMAR RAY - SERVES AS CHIEF OF STAFF AND SENIOR ADVISOR TO THE PRESIDENT; ASSISTANT SECRETARY OF THE CORPORATION.
Form 990, Part XI, Line 9 Other changes in net assets or fund balances Consolidated Entities Revenue - -5159471; Cumulative Effect of Accounting Change SFAS 158 - 1142101; Change in split Interest Agreement - 1556524; Change in fair value of interest rate agreements - 12075454; Investment in Tufts Shared Services, Inc. - 732878;
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2021


Additional Data


Software ID: 22016089
Software Version: 2022v5.0
SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBulletAttach to Form 990.
MediumBullet Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047
2021
Open to Public Inspection
Name of the organization
Trustees of Tufts College
 
Employer identification number

04-2103634
Part I
Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) 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) TUDC LLC
80 GEORGE STREET
Medford,MA02155
00-0897713
REAL ESTATE DEVELOPMENT MA 0 0 TRUSTEES OF TUFTS COLLEGE
 
(2) TUFTS MEDIA LLC
80 GEORGE STREET
MEDFORD,MA02155
04-2103634
CONSUMER PUBLISHING & MEDIA DE 2,743,023 2,410,121 TRUSTEES OF TUFTS COLLEGE
 
(3) TUFTS HEALTH AND WELLNESS SERVICES LLC
80 GEORGE STREET
MEDFORD,MA02155
80-0754011
HEALTH AND WELLNESS SERVICES MA 0 0 TRUSTEES OF TUFTS COLLEGE
 
(4) TAS Operations LLC
149 New Sweden Road
Woodstock,CT06281
04-2103634
Veterinary Services CT 2,100,083 0 Trustees of Tufts College
 
(5) Tufts Global UK Limited
 
 
98-1763554
Support   0 0 Trustees of Tufts College
 
(6) Route 741 Holdings LLC
4400 Easton Commons Way Suite 125
Columbus,OH43219
04-2103634
Real Estate Holding OH 0 0 Trustees of Tufts College
 
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 entity?
Yes No
(1)OMIDYAR-TUFTS ACTIVE CITIZENSHIP TRUST
80 GEORGE STREET

MEDFORD,MA02155
04-3828582
INVESTMENT IN POSITIVE SOCIETAL CHANGE MA 501(c)(3) Type I TRUSTEES OF TUFTS COLLEGE
 
Yes
 
(2)WALNUT HILL PROPERTIES CORP
14 Capen Street

MEDFORD,MA02155
04-3419100
REAL ESTATE MANAGEMENT MA 501(c)(3) Type I TRUSTEES OF TUFTS COLLEGE
 
Yes
 
(3)TUFTS SHARED SERVICES INC
171 HARRISON AVE PO BOX 634

BOSTON,MA02111
23-7000827
COORDINATE HEALTH & EDUCATIONAL SERVICES MA 501(c)(3) Type I TRUSTEES OF TUFTS COLLEGE
 
Yes
 
(4)TUFTS VETERINARY (SEE ATTACHED)
200 WESTBOROUGH ROAD

NORTH GRAFTON,MA02158
04-3430674
VETERINARY EMERGENCY TREATMENT & CARE MA 501(c)(3) 10 TRUSTEES OF TUFTS COLLEGE
 
Yes
 
(5)TUFTS UNIVERSITY POST-RETIREMENT PLAN
80 GEORGE STREET

MEDFORD,MA02155
04-3236078
VEBA MA 501(c)(9)   TRUSTEES OF TUFTS COLLEGE
 
Yes
 
(6)TUFTS GLOBAL INC
80 GEORGE STREET

MEDFORD,MA02155
47-4543971
FOREIGN OPERATIONS SUPPORT ORGANIZATION MA 501(c)(3) Type I TRUSTEES OF TUFTS COLLEGE
 
Yes
 
(7)CIVIC EDUCATION FOUNDATION
80 GEORGE STREET ATTN TAX DEPT

MEDFORD,MA02155
04-6111643
RAISE CIVIC AWARENESS MA 501(c)(3) 10 Trustees of Tufts College
 
Yes
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2021
Schedule R (Form 990) 2021
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












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
(i)
Section 512(b)(13) controlled entity?
Yes No
(1) JM HOLDINGS INC

80 GEORGE STREET
MEDFORD,MA02155
04-3184043
REAL ESTATE DEVELOPMENT MA TRUSTEES OF TUFTS COLLEGE
 
C Corporation   24,679 100 % Yes  
(2) PERPETUAL TRUSTS - (8)

 
 
SUPPORT MA TRUSTEES OF TUFTS COLLEGE
 
Trust         No
(3) CHARITABLE REMAINDER UNITRUSTS - (25)

 
 
SUPPORT MA TRUSTEES OF TUFTS COLLEGE
 
Trust         No
(4) CHARITABLE LEAD TRUSTS - (2)

 
 
SUPPORT MA TRUSTEES OF TUFTS COLLEGE
 
Trust         No
(5) TUFTS UNIVERSITY CHARITABLE TRUST

80 GEORGE STREET ATTN TAX DEPT
MEDFORD,MA02155
51-6581922
SUPPORT HK TRUSTEES OF TUFTS COLLEGE
 
Trust 29,000 343,663 100 % Yes  
(6) BRAINGATE INC

80 GEORGE STREET
MEDFORD,MA02155
47-5489178
Patent Holdings MA TRUSTEES OF TUFTS COLLEGE
 
C Corporation   90,000 100 % Yes  


Schedule R (Form 990) 2021
Schedule R (Form 990) 2021
Page 3
Part V
Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
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, or (iv) rent from a controlled entity .....................
1a
Yes
 
b Gift, grant, or capital contribution to related organization(s) ............................
1b
Yes
 
c Gift, grant, or capital contribution from related organization(s) ............................
1c
Yes
 
d Loans or loan guarantees to or for related organization(s) ............................
1d
Yes
 
e Loans or loan guarantees by related organization(s) ............................
1e
 
No
f Dividends from related organization(s) ............................
1f
 
No
g Sale of assets to related organization(s) ............................
1g
 
No
h Purchase of assets from related organization(s) ............................
1h
 
No
i Exchange of assets with related organization(s) ............................
1i
 
No
j Lease of facilities, equipment, or other assets to related organization(s) .......................
1j
 
No
k Lease of facilities, equipment, or other assets from related organization(s) ......................
1k
Yes
 
l Performance of services or membership or fundraising solicitations for related organization(s) .....................
1l
Yes
 
m Performance of services or membership or fundraising solicitations by related organization(s) .................
1m
Yes
 
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................
1n
Yes
 
o Sharing of paid employees with related organization(s) ............................
1o
Yes
 
p Reimbursement paid to related organization(s) for expenses ............................
1p
Yes
 
q Reimbursement paid by related organization(s) for expenses ............................
1q
Yes
 
r Other transfer of cash or property to related organization(s) ............................
1r
Yes
 
s Other transfer of cash or property from related organization(s) ............................
1s
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 related organization
(b)
Transaction
type (a-s)
(c)
Amount involved
(d)
Method of determining amount involved
(1) WALNUT HILL PROPERTIES CORP

D 13,348,256 FAIR MARKET VALUE
(2) WALNUT HILL PROPERTIES CORP

K 1,692,545 FAIR MARKET VALUE
(3) WALNUT HILL PROPERTIES CORP

L 265,812 FAIR MARKET VALUE
(4) WALNUT HILL PROPERTIES CORP

S 1,410,492 FAIR MARKET VALUE
(5) TUFTS VETERINARY TREATMENT & SPECIALTIES INC

C 500,000 FAIR MARKET VALUE
(6) TUFTS VETERINARY TREATMENT & SPECIALTIES INC

L 543,595 FAIR MARKET VALUE
(7) TUFTS VETERINARY TREATMENT & SPECIALTIES INC

Q 553,137 FAIR MARKET VALUE
(8) OMIDYAR-TUFTS ACTIVE CITIZENSHIP TRUST

A 282,000 FAIR MARKET VALUE
(9) OMIDYAR-TUFTS ACTIVE CITIZENSHIP TRUST

L 831,000 FAIR MARKET VALUE
(10) OMIDYAR-TUFTS ACTIVE CITIZENSHIP TRUST

Q 786,000 FAIR MARKET VALUE
(11) OMIDYAR-TUFTS ACTIVE CITIZENSHIP TRUST

S 4,986,000 FAIR MARKET VALUE
(12) TUFTS SHARED SERVICES

M 5,911,000 FAIR MARKET VALUE
(13) TUFTS UNIVERSITY EMPLOYEE BENEFIT TRUST

L 1,134,349 FAIR MARKET VALUE
(14) TUFTS GLOBAL INC

M 810,893 FAIR MARKET VALUE
Schedule R (Form 990) 2021
Schedule R (Form 990) 2021
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) 2021
Schedule R (Form 990) 2021
Page 5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R. See instructions.
Return Reference Explanation
Schedule R, Part IV, Column (a) TRUSTS THE PERPETUAL AND CHARITABLE REMAINDER TRUSTS AND CHARITABLE LEAD TRUSTS ARE DOMICILED IN CALIFORNIA, MASSACHUSETTS, NEW JERSEY, PENNSYLVANIA, RHODE ISLAND, AND TEXAS.
Schedule R, Part I, Column (c) DISREGARDED ENTITY TUFTS GLOBAL UK LIMITED - LEGAL DOMICILED COUNTRY is in UNITED KINGDOM (ENGLAND)
Schedule R, Part II, Column (a) TUFTS VETERINARY TUFTS VETERINARY EMERGENCY TREATMENT & SPECIALTIES INC.
Schedule R (Form 990) 2021

Additional Data


Software ID: 22016089
Software Version: 2022v5.0






TY 2022 AffiliatedGroupSchedule
Name:
Trustees of Tufts College
EIN:
04-2103634
Software ID:
22016089
Software Version:
2022v5.0
Affiliated Group Business Name:
Trustees of Tufts College
Address. Either US or Foreign Type:
80 George Street Attn Tax Dept
Medford, MA02155    
EIN:
04-2103634
Electing Organization Checkbox:
Total Grassroots Lobbying:
0
Total Direct Lobbying:
593,195
Total Lobbying Expenditures:
593,195
Other Exempt Purpose Expenditures:
1,294,574,253
Total Exempt Purpose Expenditures:
1,295,167,448
Lobbying Nontaxable Amount:
1,000,000
Grassroots Nontaxable Amount:
250,000
Tot Lobbying Grassroot Minus Non Tx:
0
Tot Lobby Expend Mns Lobbying Non Tx:
0
Share Of Excess Lobbying:
0
Affiliated Group Business Name:
OMIDYAR-TUFTS ACTIVE CITIZENSHIP TRUST
Address. Either US or Foreign Type:
80 GEORGE STREET ATTN TAX DEPT
Medford, MA02155    
EIN:
04-3828582
Electing Organization Checkbox:
Total Grassroots Lobbying:
0
Total Direct Lobbying:
0
Total Lobbying Expenditures:
0
Other Exempt Purpose Expenditures:
1,052,838
Total Exempt Purpose Expenditures:
1,052,838
Lobbying Nontaxable Amount:
180,284
Grassroots Nontaxable Amount:
45,071
Tot Lobbying Grassroot Minus Non Tx:
0
Tot Lobby Expend Mns Lobbying Non Tx:
0
Share Of Excess Lobbying:
0
Affiliated Group Business Name:
TUFTS SHARED SERVICES INC
Address. Either US or Foreign Type:
171 HARRISON STREET BOX 821
BOSTON, MA02111    
EIN:
23-7000827
Electing Organization Checkbox:
Total Grassroots Lobbying:
0
Total Direct Lobbying:
0
Total Lobbying Expenditures:
0
Other Exempt Purpose Expenditures:
25,627,025
Total Exempt Purpose Expenditures:
25,627,025
Lobbying Nontaxable Amount:
1,000,000
Grassroots Nontaxable Amount:
250,000
Tot Lobbying Grassroot Minus Non Tx:
0
Tot Lobby Expend Mns Lobbying Non Tx:
0
Share Of Excess Lobbying:
0
Affiliated Group Business Name:
TUFTS VETERINARY EMERGENCY TREATMENT SPECIALTIES INC
Address. Either US or Foreign Type:
200 WESTBORO ROAD
NORTH GRAFTON, MA01536    
EIN:
04-3430674
Electing Organization Checkbox:
Total Grassroots Lobbying:
0
Total Direct Lobbying:
0
Total Lobbying Expenditures:
0
Other Exempt Purpose Expenditures:
18,370,549
Total Exempt Purpose Expenditures:
18,370,549
Lobbying Nontaxable Amount:
1,000,000
Grassroots Nontaxable Amount:
250,000
Tot Lobbying Grassroot Minus Non Tx:
0
Tot Lobby Expend Mns Lobbying Non Tx:
0
Share Of Excess Lobbying:
0
Affiliated Group Business Name:
WALNUT HILL PROPERTIES CORP
Address. Either US or Foreign Type:
PO BOX 53 TUFTS UNIVERSITY BRANCH
MEDFORD, MA02155    
EIN:
04-3419100
Electing Organization Checkbox:
Total Grassroots Lobbying:
0
Total Direct Lobbying:
0
Total Lobbying Expenditures:
0
Other Exempt Purpose Expenditures:
3,369,724
Total Exempt Purpose Expenditures:
3,369,724
Lobbying Nontaxable Amount:
318,486
Grassroots Nontaxable Amount:
79,622
Tot Lobbying Grassroot Minus Non Tx:
0
Tot Lobby Expend Mns Lobbying Non Tx:
0
Share Of Excess Lobbying:
0
Affiliated Group Business Name:
TUFTS GLOBAL INC
Address. Either US or Foreign Type:
80 GEORGE STREET ATTN TAX DEPT
MEDFORD, MA02155    
EIN:
47-4543971
Electing Organization Checkbox:
Total Grassroots Lobbying:
0
Total Direct Lobbying:
0
Total Lobbying Expenditures:
0
Other Exempt Purpose Expenditures:
830,446
Total Exempt Purpose Expenditures:
830,446
Lobbying Nontaxable Amount:
149,567
Grassroots Nontaxable Amount:
37,392
Tot Lobbying Grassroot Minus Non Tx:
0
Tot Lobby Expend Mns Lobbying Non Tx:
0
Share Of Excess Lobbying:
0