Bowdoin 2011 Form 990

BOWDOIN COLLEGE
Form 8453-EO Exempt Organization Declaration and Signature for OMB No. 1545-1879
Electronic Filing
07/01 , 2011, and ending 06/30, 20 12
For calendar year 2011, or tax year beginning
For use w ith Forms 990, 990-EZ, 990-PF, 1120-POL, and 8868 À¾µµ
Department of the Treasury
Internal Revenue Service
Name of exempt organization
I See instructions on back.
Employer identification number
BOWDOIN COLLEGE 01-0215213

Part I Type of Return and Return Information (Whole Dollars Only)
Check the box for the type of return being filed with Form 8453-EO and enter the applicable amount, if any, from the return. If you
check the box on line 1a, 2a, 3a, 4a, or 5a below and the amount on that line of the return being filed with this form was blank, then
leave line 1b, 2b, 3b, 4b, or 5b, whichever is applicable, blank (do not enter -0-). If you entered -0- on the return, then enter -0- on the
applicable line below. Do not complete more than one line in Part I.
1a Form 990 check here X I mmm
b Total revenue, if any (Form 990, Part VIII, column (A), line 12) 1b 172008000.
2a Form 990-EZ check here I b Total revenue, if any (Form 990-EZ, line 9) mmmmmmmmmmm 2b
3a Form 1120-POL check here I b Total tax (Form 1120-POL, line 22) mmmmmmmmmmmm 3b
4a Form 990-PF check here I b Tax based on investment income (Form 990-PF, Part VI, line 5) 4b
5a Form 8868 check here I b Balance due (Form 8868, Part I, line 3c or Part II, line 8c)mmmm 5b
Part II Declaration of Officer

6 I authorize the U.S. Treasury and its designated Financial Agent to initiate an Automated Clearing House (ACH) electronic funds
withdrawal (direct debit) entry to the financial institution account indicated in the tax preparation software for payment of the
organization's federal taxes owed on this return, and the financial institution to debit the entry to this account. To revoke a payment,
I must contact the U.S. Treasury Financial Agent at 1-888-353-4537 no later than 2 business days prior to the payment (settlement)
date. I also authorize the financial institutions involved in the processing of the electronic payment of taxes to receive confidential
information necessary to answer inquiries and resolve issues related to the payment.
If a copy of this return is being filed with a state agency(ies) regulating charities as part of the IRS Fed/State program, I certify that I
executed the electronic disclosure consent contained within this return allowing disclosure by the IRS of this Form 990/990-EZ/990-
PF (as specifically identified in Part I above) to the selected state agency(ies).
Under penalties of perjury, I declare that I am an officer of the above named organization and that I have examined a copy of the
organization's 2011 electronic return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true,
correct, and complete. I further declare that the amount in Part I above is the amount shown on the copy of the organization's electronic
return. I consent to allow my intermediate service provider, transmitter, or electronic return originator (ERO) to send the organization's return
to the IRS and to receive from the IRS (a) an acknowledgement of receipt or reason for rejection of the transmission, (b) the reason for any
delay in processing the return or refund, and (c) the date of any refund.
Sign
Here M Signature of officer Date MCONTROLLER
Title
Part III Declaration of Electronic Return Originator (ERO) and Paid Preparer (see instructions)
I declare that I have reviewed the above organization's return and that the entries on Form 8453-EO are complete and correct to the best of
my knowledge. If I am only a collector, I am not responsible for reviewing the return and only declare that this form accurately reflects the data
on the return. The organization officer will have signed this form before I submit the return. I will give the officer a copy of all forms and
information to be filed with the IRS, and have followed all other requirements in Pub. 4163, Modernized e-File (MeF) Information for Authorized
IRS e-file Providers for Business Returns. If I am also the Paid Preparer, under penalties of perjury I declare that I have examined the above
organization's return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and
complete. This Paid Preparer declaration is based on all information of which I have any knowledge.
Date Check if Check if ERO's SSN or PTIN
ERO's
ERO's
signature M also paid
preparer X
self-
employed P00652605
Use KPMG LLP EIN 13-5565207
M
Firm's name (or
Only yours if self-employed), ONE FINANCIAL PLAZA
address, and ZIP code
HARTFORD CT 06103-2608 Phone no. 860-522-3200
Under penalties of perjury, I declare that I have examined the above return and accompanying schedules and statements, and to the best of my knowledge
and belief, they are true, correct, and complete. Declaration of preparer is based on all information of which the preparer has any knowledge.
Print/Type preparer's name Preparer's signature Date PTIN
Check if
Paid self-employed
Preparer
Use Only
Firm's name
Firm's address
I
I
Firm's EIN
Phone no.
I
For Privacy Act and Paperwork Reduction Act Notice, see back of form. Form 8453-EO (2011)
JSA
1E1675 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 1

OMB No. 1545-0047
Form ½½´ Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung À¾µµ
benefit trust or private foundation) Open to Public
A For the 2011 calendar year, or tax year beginning

I The organization may have to use a copy of this return to satisfy state reporting requirements.
07/01 , 2011, and ending 06/30 , 20 12
Inspection
C Name of organization D Employer identification number

B Check if applicable:
Address
change Doing Business As
Name change Number and street (or P.O. box if mail is not delivered to street address) Room/suite E Telephone number
Initial return 5400 COLLEGE STATION (207 ) 725-3804

Terminated City or town, state or country, and ZIP + 4
Amended G Gross receipts $
BRUNSWICK, ME 04011-8445
return
452,425,000.
Application F Name and address of principal officer:
BARRY MILLS H(a) Is this a group return for Yes X No
pending affiliates?
5400 COLLEGE STATION BRUNSWICK, ME 04011-8445 H(b) Are all affiliates included? Yes No
I Tax-exempt status: X 501(c)(3) 501(c) (
I
) (insert no.) 4947(a)(1) or
J 527 If "No," attach a list. (see instructions)
J Website: WWW.BOWDOIN.EDU
K Form of organization: X Corporation Trust Association Other I
H(c) Group exemption number
L Year of formation: 1794
I
M State of legal domicile: ME
Part I Summary
1 Briefly describe the organization's mission or most significant activities:
FOUR-YEAR PRIVATE UNDERGRADUATE LIBERAL ARTS COLLEGE
Activities & Governance
2
3
Check this box I if the organization discontinued its operations or disposed of more than 25% of its net assets.
Number of voting members of the governing body (Part VI, line 1a) mmmmmmmmmmmmmmmmmmmmmmmm 3 46.
4 Number of independent voting members of the governing body (Part VI, line 1b) mmmmmmmmmmmmmmmmmm 4 45.
5 Total number of individuals employed in calendar year 2011 (Part V, line 2a) mmmmmmmmmmmmmmmmmmmm 5 2,899.
6 Total number of volunteers (estimate if necessary) mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 6 534.
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
7a 7a -671,000.
m
Total unrelated business revenue from Part VIII, column (C), line 12
b Net unrelated business taxable income from Form 990-T, line 34 7b -1,759,699.
Prior Year Current Year
8 mmmmmmmmmmmmmmmmmmmmmmmmm 28,543,000.
Contributions and grants (Part VIII, line 1h) 27,455,000.
mmmmmmmmmmmmmmmmmmmmmmmmm 99,633,000.
Revenue
9 Program service revenue (Part VIII, line 2g) 103,186,000.

10 mmmmmmmmmmmmmmmmm 52,805,000.0 41,362,000.
Investment income (Part VIII, column (A), lines 3, 4, and 7d)
11
12
mmmmmmmm
mmmm
mm
mm
mm
m 180,981,000.
Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)
Total revenue - add lines 8 through 11 (must equal Part VIII, column (A), line 12)
5,000.
172,008,000.
13 mmmmmmmmmmmmmmm 27,988,000. 29,651,000.
Grants and similar amounts paid (Part IX, column (A), lines 1-3)
14 mmmmmmmmmmmmmmmmm 78,022,000.0 81,385,000.0
Benefits paid to or for members (Part IX, column (A), line 4)
15 mmmmmmm
Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10)
mmmmm mmmm mmmmmmmm
Expenses
1 6a Professional fundraising fees (Part IX, column (A), line 11e) 81,000. 66,000.
17
b I mmmmmmmmmmmmmmmm 50,765,000. 50,926,000.
5,967,000.
Total fundraising expenses (Part IX, column (D), line 25)
Other expenses (Part IX, column (A), lines 11a-11d, 11f-24e)
mmmmmmmmmmmmm
mmmm
mm
mmmm
mm
mm
mm
18 156,856,000. 162,028,000.
m 24,125,000. 9,980,000.
Total expenses. Add lines 13-17 (must equal Part IX, column (A), line 25)
19 Revenue less expenses. Subtract line 18 from line 12
Fund Balances
Net Assets or
Beginning of Current Year End of Year

20 Total assets (Part X, line 16) mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm1,294,173,000. 1,291,942,000.
21
22
Total liabilities (Part X, line 26) mmmmmmmmmmmmmmmmmmm mmmm mmm mmmmm 203,029,000. 213,357,000.
mmmmmmmmmmmmmmmmmm1,091,144,000. 1,078,585,000.
Net assets or fund balances. Subtract line 21 from line 20
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 M Signature of officer Date

Here
M Type or print name and title
Print/Type preparer's name Preparer's signature Date Check if PTIN
Paid self-employed P00652605
Preparer
Firm's name I KPMG LLP I Firm's EIN 13-5565207
Use Only
Firm's address I ONE FINANCIAL PLAZA HARTFORD, CT 06103-2608
May the IRS discuss this return with the preparer shown above? (see instructions) mmmmmmmmmmmmmmmmmmmmmmmmm
Phone no. 860-522-3200
X Yes No
For Paperwork Reduction Act Notice, see the separate instructions. Form 990 (2011)
JSA
1E1010 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 2
Form 990 (2011) Page 2
Part III Statement of Program Service Accomplishments
Check if Schedule O contains a response to any question in this Part III mmmmmmmmmmmmmmmmmmmmmmmmX
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? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
If "Yes," describe these new services on Schedule O.
Yes X No
3 Did the organization cease conducting, or make significant changes in how it conducts, any program
services? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
If "Yes," describe these changes on Schedule O.
Yes X No
4 Describe the organization's program service accomplishments for each of its three largest program services, as measured by
expenses. Section 501(c)(3) and 501(c)(4) organizations and section 4947(a)(1) trusts are required to report the amount of
grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4 a (Code: ) (Expenses $ 144,322,000. including grants of $ 29,651,000. ) (Revenue $ 103,186,000. )

THE ON-CAMPUS STUDENT BODY NUMBERS APPROXIMATELY 1,775. AN
ESTIMATED 115 STUDENTS STUDY AWAY ANNUALLY; 93% COMPLETE THE
DEGREE WITHIN FIVE YEARS; THE STUDENT/FACULTY RATIO IS 9:1; 99% OF
FACULTY HAS A PH.D. OR EQUIVALENT. AS OF JUNE 2012 37,421 STUDENTS
HAVE MATRICULATED AT BOWDOIN COLLEGE, AND 29,254 DEGREES IN
ACADEMIC PROGRAMS HAVE BEEN AWARDED.
4 b (Code: ) (Expenses $ including grants of $ ) (Revenue $ )
4 c (Code: ) (Expenses $ including grants of $ ) (Revenue $ )
4 d Other program services (Describe in Schedule O.)

(Expenses $ including grants of $ ) (Revenue $ )
4 e Total program service expenses
JSA
I 144,322,000.
Form 990 (2011)
1E1020 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 3
Form 990 (2011) Page 3
Part IV Checklist of Required Schedules
Yes No
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
1 Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes,"
1 X
mmmmmmmmm
complete Schedule A
2 Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? 2 X
mmmmmmmmmmmmmmmmmmmmmmmmmmm
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 X
mmmmmmmmmmmmmmmmmmmmmm
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 II 4 X
5 Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues,
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C,
Part III 5 X
6 Did the organization maintain any donor advised funds or any similar funds or accounts for which donors
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
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 X
mmmmmmmmmm
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 X
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
8 Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part III 8 X
9 Did the organization report an amount in Part X, line 21; serve as a custodian for amounts not listed in Part
X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes,"
complete Schedule D, Part IV 9 X
Did the organization, directly or through a related organization, hold assets in temporarily restricted
mmmmmmm
10
endowments, permanent endowments, or quasi-endowments? If "Yes," complete Schedule D, Part V 10 X
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
b
Schedule D, Part VI mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more
1 1a X
c
mmmmmmmmmmmmmmmmm
of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII
Did the organization report an amount for investments-program related in Part X, line 13 that is 5% or more
1 1b X
d
mmmmmmmmmmmmmmmmm
of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets
1 1c X
e
mmmmmmmmmmmmmmmmmmmmmmmmmm
reported in Part X, line 16? If "Yes," complete Schedule D, Part IX
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X
1 1d
1 1e X
X
f Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses
mmmmmm
the organization's liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X 11f X
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
1 2 a Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes,"
complete Schedule D, Parts XI, XII, and XIII 1 2a X
mmmmmmmmmmmm
b Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if
1 2b X
mmmmmmmmmm
the organization answered "No" to line 12a, then completing Schedule D, Parts XI, XII, and XIII is optional
13 X
mmmmmmmmmmmmm
1 3 Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E
1 4 a Did the organization maintain an office, employees, or agents outside of the United States? 1 4a X
b Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking,
mmmmmmmmmmm
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 1 4b X
mmmmmmm
1 5 Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any
organization or entity located outside the United States? If "Yes," complete Schedule F, Parts II and IV 15 X
mmmmmmmmmmm
1 6 Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance
to individuals located outside the United States? If "Yes," complete Schedule F, Parts III and IV 16 X
mmmmmmmmmmm
1 7 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) 17 X
mmmmmmmmmmmmmmmmmmmmmmmmmmmm
1 8 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 18 X
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
1 9 Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a?
19 X
mmmmmmmmmmmmm
If "Yes," complete Schedule G, Part III
2 0 a Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H 2 0a X
mmmmmm
b If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return? 2 0b
JSA Form 990 (2011)
1E1021 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 4
Form 990 (2011) Page 4
Part IV Checklist of Required Schedules (continued)
Yes No
21 Did the organization report more than $5,000 of grants and other assistance to any government or organization
mmmmmmmmmmmm
in the United States on Part IX, column (A), line 1? If "Yes," complete Schedule I, Parts I and II
Did the organization report more than $5,000 of grants and other assistance to individuals in the United States
21 X
22
on Part IX, column (A), line 2? If "Yes," complete Schedule I, Parts I and III 22 X
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
24 a
employees? If "Yes," complete Schedule J mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than
23 X
$100,000 as of the last day of the year, that was issued after December 31, 2002? If "Yes," answer lines 2 4b
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
through 24d and complete Schedule K. If “No,” go to line 2 5 2 4a X
b mmmmmmm
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception? 2 4b X
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? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 2 4c X
d mmmmmmm
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year? 2 4d X
25 a Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction
mmmmmmmmmmmmmmmmmmm
with a disqualified person during the year? If "Yes," complete Schedule L, Part I 2 5a X
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?
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
If "Yes," complete Schedule L, Part I 2 5b X
26 Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated employee, or
m
disqualified person outstanding as of the end of the organization's tax year? If "Yes," complete Schedule L, Part II
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee,
26 X
27
substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled
entity or family member of any of these persons? If "Yes," complete Schedule L, Part III mmmmmmmmmmmmmmm 27 X
28 Was the organization a party to a business transaction with one of the following parties (see Schedule L,
Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a mmmmmmmm
A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV 2 8a X
b A family member of a current or former officer, director, trustee, or key employee? If "Yes," complete
Schedule L, Part IVmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 2 8b X
c An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof)
mmmmmmmmm
was an officer, director, trustee, or direct or indirect owner? If "Yes," complete Schedule L, Part IV 2 8c
29
X
X
29 Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M
30 Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified
conservation contributions? If "Yes," complete Schedule M
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N,
30 X
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
31
Part I 31 X
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes,"
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
32
complete Schedule N, Part II 32 X
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations
mmmmmmmmmmmmmmmmmmmmm
33
sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I 33 X
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Parts II, III,
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
34
IV, and V, line 1 34 X
35 a
b
mmmmmmmmmmmmmm
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
Did the organization receive any payment from or engage in any transaction with a controlled entity within the
3 5a X
36
meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable
3 5b X
related organization? If "Yes," complete Schedule R, Part V, line 2
Did the organization conduct more than 5% of its activities through an entity that is not a related organization
36 X
37
and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R,
Part VI mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 37 X
mmmmmmmmmmmmmmmmmmmmmmmmm
38 Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11 and
19? Note. All Form 990 filers are required to complete Schedule O. 38 X
Form 990 (2011)
JSA
1E1030 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 5
Form 990 (2011) Page 5
Statements Regarding Other IRS Filings and Tax Compliance
Part V
Check if Schedule O contains a response to any question in this Part V mmmmmmmmmmmmmmmmmmmmmmm
Yes No
1 a Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable mmmmmmmmmm 510
1a
b Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable mmmmmmmmm
c Did the organization comply with backup withholding rules for reportable payments to vendors and
1b 0
reportable gaming (gambling) winnings to prize winners? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm X

2 a Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax
1c
m
Statements, filed for the calendar year ending with or within the year covered by this return 2,899
2a
X
b If at least one is reported on line 2a, did the organization file all required federal employment tax returns? 2b
mmmmmmm X
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file (see instructions)
3 a Did the organization have unrelated business gross income of $1,000 or more during the year?mmmmmmmmmm 3a
mmmmmmmmmmmmm X
b If "Yes," has it filed a Form 990-T for this year? If "No," provide an explanation in Schedule O
4 a At any time during the calendar year, did the organization have an interest in, or a signature or other authority
3b
over, a financial account in a foreign country (such as a bank account, securities account, or other financial
account)? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 4a X
I
b If “Yes,” enter the name of the foreign country:
See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.
mmmmmmmm
5 a Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?
b Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5a
5b
X
X
c If "Yes" to line 5a or 5b, did the organization file Form 8886-T?
6 a Does the organization have annual gross receipts that are normally greater than $100,000, and did the
5c
organization solicit any contributions that were not tax deductible?
b If "Yes," did the organization include with every solicitation an express statement that such contributions or
6a X
gifts were not tax deductible?
7 Organizations that may receive deductible contributions under section 170(c).
6b
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? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 7a X
mmmmmmmmmmmm
b If "Yes," did the organization notify the donor of the value of the goods or services provided? 7b X
c Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was
required to file Form 8282? 7c X
mmmmmmmmmmmmmmmm
d If "Yes," indicate the number of Forms 8282 filed during the year 7d
e
f
mmm
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?
7e
7f
X
X
g
h
mmm
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?
7g
7h
8 Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting
organizations. Did the supporting organization, or a donor advised fund maintained by a sponsoring
9
mmmmmmmmmmmmmmmmmmmmmmm
organization, have excess business holdings at any time during the year?
Sponsoring organizations maintaining donor advised funds.
8
a mmmmmmmmmmmmmmmmmmmmmmm
Did the organization make any taxable distributions under section 4966? 9a
10
b
Section 501(c)(7) organizations. Enter:
mmmmmmmmmmmmmmmm
Did the organization make a distribution to a donor, donor advisor, or related person? 9b
a mmmmmmmmmmmmmm
Initiation fees and capital contributions included on Part VIII, line 12 1 0a
11
b
Section 501(c)(12) organizations. Enter:
mmmm
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities 1 0b
a Gross income from members or shareholders mmmmmmmmmmmmmmmmmmmmmmmmmm

b Gross income from other sources (Do not net amounts due or paid to other sources
1 1a
against amounts due or received from them.) mmmmmmmmmmmmmmmmmmmmmmmmmmm 1 1b

1 2 a Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041? 1 2a
13 Section 501(c)(29) qualified nonprofit health insurance issuers.

mmmmm
b If "Yes," enter the amount of tax-exempt interest received or accrued during the year 1 2b
mmmmmmmmmmmmmmmmmm
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.
1 3a
b Enter the amount of reserves the organization is required to maintain by the states in which
mmmmmmmmmmmmmmmmmmmm
the organization is licensed to issue qualified health plans 1 3b
c Enter the amount of reserves on hand mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 1 3c
mmmmmmmm
m
m
mm
mm
m
m
mm
m
1 4 a Did the organization receive any payments for indoor tanning services during the tax year?
b If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O
1 4a
1 4b
X
JSA
1E1040 1.000 Form 990 (2011)
8835BZ 2219 V 11-6.5 2656406 PAGE 6
Form 990 (2011) BOWDOIN COLLEGE 01-0215213 Page 6
Part VI Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a
"No" response to line 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule
O. See instructions.
Check if Schedule O contains a response to any question in this Part VI mmmmmmmmmmmmmmmmmmmmmmmmmm X
Section A. Governing Body and Management
Yes No
1a Enter the number of voting members of the governing body at the end of the tax year. If there are mmmmmm
1a 46
material differences in voting rights among members of the governing body, or if the governing body
mmmmmm
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 45
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
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 X
mmm
3 Did the organization delegate control over management duties customarily performed by or under the direct
3 X
mmmmmmm
supervision of officers, directors, or trustees, or key employees to a management company or other person?
4 X
mmmmm
4 Did the organization make any significant changes to its governing documents since the prior Form 990 was filed?
5 X
5 Did the organization become aware during the year of a significant diversion of the organization's assets?
6 Did the organization have members or stockholders? 6 X
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
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 X
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
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 X
8 Did the organization contemporaneously document the meetings held or written actions undertaken during
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
the year by the following:
8a X
a The governing body?
b Each committee with authority to act on behalf of the governing body? 8b X
9
mmmmmmmmmmmm
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 X
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes No
1 0 a Did the organization have local chapters, branches, or affiliates? 1 0a X
mmmm
b If "Yes," did the organization have written policies and procedures governing the activities of such chapters,
1 0b
mm
affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
1 1 a Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? 1 1a X
mmmmmmmmmmmmmmmmm
b Describe in Schedule O the process, if any, used by the organization to review this Form 990.
1 2 a Did the organization have a written conflict of interest policy? If "No," go to line 13 1 2a X
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
b Were officers, directors, or trustees, and key employees required to disclose annually interests that could give
rise to conflicts? 1 2b X
c Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes,"
1 2c X
describe in Schedule O how this was done
13 Did the organization have a written whistleblower policy? 13 X
14 mmmmmmmmmmmmmmmmmmm
Did the organization have a written document retention and destruction policy? 14 X
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 mmmmmmmmmmmmmmmmmmmmmmm 1 5a X
b Other officers or key employees of the organization mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions.)
1 5b X
1 6 a Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement
with a taxable entity during the year? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 1 6a X
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? 1 6b
Section C. Disclosure
17
18
List the states with which a copy of this Form 990 is required to be filed IME,
Section 6104 requires an organization to make its Forms 1023 (or 1024 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.
Own website Another's website X Upon request
19 Describe in Schedule O whether (and if so, how), the organization made its governing documents, conflict of interest policy,
and financial statements available to the public during the tax year.
20 State the name, physical address, and telephone number of the person who possesses the books and records of the
JSA
I
organization: MATTHEW P. ORLANDO 5400 COLLEGE STATION, BRUNSWICK, ME 04011-8445 (207)725-3804
Form 990 (2011)
1E1042 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 7
Part VII Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and
Independent Contractors
Check if Schedule O contains a response to any question in this Part VII mmmmmmmmmmmmmmmmmmmm
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1 a 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.
%
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.
%
%
List all of the organization's current key employees, if any. See instructions for definition of "key employee."
List the organization's five current highest compensated employees (other than an officer, director, trustee, or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.
%
List all of the organization's former officers, key employees, and highest compensated employees who received more than
$100,000 of reportable compensation from the organization and any related organizations.
%List all of the organization's former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.
List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A) (B) (C) (D) (E) (F)
Name and Title Average Position Reportable Reportable Estimated
hours per (do not check more than one compensation compensation from amount of
week box, unless person is both an from related other
(describe the organizations compensation
hours for
officer and a director/trustee)
organization (W-2/1099-MISC) from the
related
(W-2/1099-MISC) organization
or director
Individual trustee
Institutional trustee
Officer
Key employee
employee
Highest compensated
Former
organizations
in Schedule and related
O) organizations
(1) STEPHEN F. GORMLEY

CHAIR 4.00 X X 0 0 0
(2) MICHELE G. CYR
VICE CHAIR 4.00 X X 0 0 0
(3) STEWART BAINUM, JR.
TRUSTEE 4.00 X 0 0 0
(4) DEBORAH JENSEN BARKER
(5) ARTHUR E. BLACK
(6) GREGORY B. BOWES
(7) RONALD C. BRADY
(8) DAVID G. BROWN
(9) WILLIAM E. CHAPMAN II
(10) GERALD C. CHERTAVIAN
(11) LEONARD W. COTTON
(12) JEFF D. EMERSON
(13) JOHN A. GIBBONS, JR.
(14) BRADFORD A. HUNTER
JSA Form 990 (2011)
1E1041 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 8
Form 990 (2011) Page 8
Part VII Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A) (B) (C) (D) (E) (F)
Name and title Average Position Reportable Reportable Estimated
(describe officer and a director/trustee) compensation
the organizations
or director
Individual trustee
Officer
Key employee
employee
Highest compensated
Former
hours for organization (W-2/1099-MISC) from the
related organization
(W-2/1099-MISC)
organizations and related
in Schedule organizations
O)
( 15) DENNIS J. HUTCHINSON

( 16) TASHA VAN DER LINDE IRVING
( 17) WILLIAM S. JANES
( 18) ANN HAMBELTON KENYON
( 19) GREGORY E. KERR
( 20) GEORGE A. KHALDUN
( 21) MICHAEL P. LAZARUS
( 22) JAMES W. MACALLEN
( 23) LISA A. MCELANEY
( 24) JOHN F. MCQUILLAN, JR.
( 25) HENRY T.A. MONIZ
1b Sub-total mmmmmmmmmmmmmmmmmmmmmmmmmm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mI 0 0 0
mmmmmmmmmmmmmmmmmmmmmmmmmmmmI
c Total from continuation sheets to Part VII, Section A 3,541,175. 0 700,764.
2
d Total (add lines 1b and 1c) I 3,541,175.
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of
0 700,764.
I
reportable compensation from the organization 98
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 mmmmmmmmmmmmmmmmmmmmmmmmmm 3 X
4 For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the
individual mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
organization and related organizations greater than $150,000? If “Yes,” complete Schedule J for such
4 X
5
mmmmmmmmmmmmmmmm
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
Section B. Independent Contractors
5 X
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) (B) (C)
Name and business address Description of services Compensation
ATTACHMENT 1
2 Total number of independent contractors (including but not limited to those listed above) who received
JSA
more than $100,000 in compensation from the organization 40 I Form 990 (2011)
1E1055 2.000
8835BZ 2219 V 11-6.5 2656406 PAGE 9
Form 990 (2011) Page 8
(A) (B) (C) (D) (E) (F)
the organizations
or director
Individual trustee
Officer
Key employee
employee
Highest compensated
Former
(W-2/1099-MISC)
O)
( 26) TAMARA A. NIKURADSE

( 27) SCOTT B. PERPER
( 28) KATHLEEN K. PHILLIPS
( 29) JANE L. PINCHIN
( 30) ABIGAIL MARR PSYHOGEOS
( 31) LINDA HORVITZ ROTH
( 32) GEOFFREY CLAFLIN RUSACK
( 33) H. ALLEN RYAN
( 34) JOAN BENOIT SAMUELSON
( 35) D. ELLEN SHUMAN
( 36) PETER M. SMALL
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mI
c
d mmmmmmmmmmmmmmmmmmmmmmmmmmmmI
Total from continuation sheets to Part VII, Section A
Total (add lines 1b and 1c) I
2 Total number of individuals (including but not limited to those listed above) who received more than $100,000 of
I
Yes No
4 X
5
mmmmmmmmmmmmmmmm
5 X
year.
(A) (B) (C)
JSA
more than $100,000 in compensation from the organization I Form 990 (2011)
1E1055 2.000
8835BZ 2219 V 11-6.5 2656406 PAGE 10
Form 990 (2011) Page 8
(A) (B) (C) (D) (E) (F)
the organizations
or director
Individual trustee
Officer
Key employee
employee
Highest compensated
Former
(W-2/1099-MISC)
O)
( 37) JAMES E. STALEY

( 38) SHELDON M. STONE
( 39) JOHN J. STUDZINSKI
( 40) JOHN K. THORNDIKE
( 41) ALAN R. TITUS
( 42) KAREN N. WALKER
( 43) PAULA M. WARDYNSKI
( 44) DAVID P. WHEELER
( 45) ROBERT F. WHITE
( 46) BARRY MILLS
PRESIDENT 40.00 X X 411,027. 0 88,797.
( 47) S. CATHERINE LONGLEY
SVP FINANCE & ADMIN/TREASURER 40.00 X 251,880. 0 61,623.
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mI
c
I
Yes No
4 X
5
mmmmmmmmmmmmmmmm
5 X
year.
(A) (B) (C)
JSA
1E1055 2.000
8835BZ 2219 V 11-6.5 2656406 PAGE 11
Form 990 (2011) Page 8
(A) (B) (C) (D) (E) (F)
the organizations
or director
Individual trustee
Officer
Key employee
employee
Highest compensated
Former
(W-2/1099-MISC)
O)
( 48) WILLIAM A. TORREY, III

SVP FOR PLANNING & DEVELOPMENT 40.00 X 466,836. 0 85,475.
( 49) PAULA VOLENT
SVP FOR INVESTMENTS 40.00 X 819,306. 0 54,380.
( 50) CRISTLE COLLINS JUDD
DEAN FOR ACADEMIC AFFAIRS 40.00 X 218,247. 0 55,152.
( 51) MITCHEL DAVIS
CHIEF INFORMATION OFFICER 40.00 X 172,529. 0 43,065.
( 52) TIMOTHY FOSTER
DEAN OF STUDENT AFFAIRS 40.00 X 170,987. 0 42,250.
( 53) SCOTT MEIKLEJOHN
DEAN ADMISSIONS/FINANCIAL AID 40.00 X 185,931. 0 35,345.
( 54) CRAIG MCEWEN
SENIOR FACULTY FELLOW 40.00 X 175,325. 0 34,939.
( 55) PATSY DICKINSON
FACULTY 40.00 X 170,393. 0 60,155.
( 56) ALLEN WELLS
FACULTY 40.00 X 163,290. 0 41,095.
( 57) RANDOLPH SHAW
VP FOR DEV & ALUMNI RELATIONS 40.00 X 171,454. 0 55,744.
( 58) MARK WETHLI
FACULTY 40.00 X 163,970. 0 42,744.
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mI
c
I
Yes No
4 X
5
mmmmmmmmmmmmmmmm
5 X
year.
(A) (B) (C)
JSA
1E1055 2.000
8835BZ 2219 V 11-6.5 2656406 PAGE 12
Part VIII Statement of Revenue
(A) (B) (C) (D)
Total revenue Related or Unrelated Revenue
exempt business excluded from tax
function revenue under sections
revenue 512, 513, or 514
mmmmmmmm
Contributions, Gifts, Grants
Program Service Revenue and Other Similar Amounts
1a
mmmmmmmmm
1a Federated campaigns
1b
mmmmmmmmm
b Membership dues 28,000.
1c
mmmmmmmm
c Fundraising events 4,000.
1d
mm
d Related organizations
e Government grants (contributions) 1e 4,711,000.
m
f All other contributions, gifts, grants,
and similar amounts not included above 1f 22,712,000.
mmmmmmmmmmmmmmmmmmm
Noncash contributions included in lines 1a-1f: $ 1,621,000.
I
g
h Total. Add lines 1a-1f 27,455,000.
Business Code
2a TUITION & FEES 611710 78,035,000. 78,035,000.
b ROOM & BOARD 611710 19,304,000. 19,304,000.
c AUXILIARY ENTERPRISES 611710 5,290,000. 4,581,000. 709,000.
d TRUST INCOME 611710 557,000. 557,000.
mmmmmmm
mm
mm
mm
mm
e
f
g Total. Add lines 2a-2f mmmmmmmmm
All other program service revenue
I 103,186,000.
mmmmmmmmmmmmmmmmmmm
3 Investment income (including dividends, interest, and
other similar amounts)
mmI
m
7,211,000. -1,380,000. 8,591,000.
4 I
Income from investment of tax-exempt bond proceeds 0
5 Royalties I (i) Real (ii) Personal
8,000. 8,000.
mmmmmmmm
mmm
6a Gross rents
mm
b Less: rental expenses
c
d mmmmmmmmmmmmmmmmm
Rental income or (loss)
Net rental income or (loss) I (i) Securities (ii) Other
0
7a Gross amount from sales of

assets other than inventory 314,475,000. 78,000.
mmmm
b Less: cost or other basis
mmm
mm
mm
mm
mm
and sales expenses 280,328,000. 74,000.
mmmmmmmmmmmmmmmmm
Gain or (loss) 34,147,000. 4,000.
I
c
d Net gain or (loss) 34,151,000. 34,151,000.
Other Revenue
8a Gross income from fundraising

events (not including $ 4,000.
mmmmmmmmmmm
of contributions reported on line 1c).
mmmmmmmmmmmmmmmmmm
See Part IV, line 18 a 12,000.
Less: direct expenses 15,000.
I
b b
c Net income or (loss) from fundraising events -3,000. -3,000.
mmmmmmmmmmm
9a Gross income from gaming activities.
See Part IV, line 19
mmmmmmmmmmmmmmmmmmm
a
Less: direct expenses
I
b b
c Net income or (loss) from gaming activities 0
mmmmmmmmm
10a Gross sales of inventory, less
returns and allowances
mmmmmmmmmmmmmmmmmm
a
Less: cost of goods sold
I
b b
c Net income or (loss) from sales of inventory 0
Miscellaneous Revenue Business Code
11a
b
mmmmm
mm
mm
mmmmmmm
c
d
e
All other revenue
Total. Add lines 11a-11d m
mmmmmm
mmmmmm
mm
mm
mm
mm
mm
mm
mm
I
m
0
12 Total revenue. See instructions I 172,008,000. 102,477,000. -671,000.
Form
42,747,000.
990 (2011)
JSA
1E1051 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 13

Part IX Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A) but are not
required to complete columns (B), (C), and (D).
Check if Schedule O contains a response to any question in this Part IX
(A) (B)
(C) (D)
Do not include amounts reported on lines 6b,
Total expenses Program service Management and Fundraising
7b, 8b, 9b, and 10b of Part VIII. expenses general expenses expenses
1 Grants and other assistance to governments and
m
organizations in the United States. See Part IV, line 2 1 228,000. 228,000.
mmmmmm
2 Grants and other assistance to individuals in
the United States. See Part IV, line 2 2 29,313,000. 29,313,000.
3 Grants and other assistance to governments,
organizations, and individuals outside the
mmmm
United States. See Part IV, lines 15 and 1 6 110,000. 110,000.
4 Benefits paid to or for members mmmmmmmmm 0
mmmmmmmmmm
5 Compensation of current officers, directors,
trustees, and key employees 3,538,000. 2,253,000. 743,000. 542,000.
6 Compensation not included above, to disqualified
mmmmmm
persons (as defined under section 4958(f)(1)) and
persons described in section 4958(c)(3)(B) 0
7 mmmmmmmmmmmm
Other salaries and wages 57,353,000. 49,838,000. 4,432,000. 3,083,000.
8
mmmmmm
Pension plan accruals and contributions (include section
5,800,000. 5,088,000. 416,000. 296,000.
mmmmmmmmmmmm
401(k) and 403(b) employer contributions)
10,496,000. 9,202,000. 767,000. 527,000.
mmmmmmmmmmmmmmmmmm
9 Other employee benefits
10 Payroll taxes 4,198,000. 3,629,000. 336,000. 233,000.
11 Fees for services (non-employees):
mmmmm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
0
m
a Management
318,000. 318,000.
mmmmmmmmmmmmmmmmmm
b Legal
298,000. 298,000.
c Accounting
d Lobbying mmmmmmmmmmmmmmmmmmm 6,900.
66,000.
6,900.
66,000.
mmmmmmmmm
e Professional fundraising services. See Part IV, line 1 7
f Investment management fees 590,000. 472,000. 118,000.
mmmmmmmmmmmmmmmmmmmmm 4,579,000. 3,845,000. 632,000. 102,000.
mmmmmmmmmmm
g Other
80,000. 53,000. 27,000.
mmmmmmmmmmmmmmmm
12 Advertising and promotion
4,921,000. 4,233,000. 155,000. 533,000.
mmmmmmmmmmmmm
13 Office expenses
14 Information technology 2,548,000. 1,615,000. 931,000. 2,000.
15 Royalties mmmmmmmm
mmmmmmm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
m
0
5,667,000. 5,039,000. 628,000.
16 Occupancy
17 Travel 3,748,000. 3,272,000. 59,000. 417,000.
18 Payments of travel or entertainment expenses
for any federal, state, or local public officials 0
mmmm 555,000. 418,000. 19,000. 118,000.
19 Conferences, conventions, and meetings
Interest 6,307,000. 5,550,000. 757,000.
mmmmmmmmmmmmm
20
0
mmmm
21 Payments to affiliates
22 Depreciation, depletion, and amortization 9,987,000. 9,388,000. 599,000.
23
24
Insurance
Other
mmmmmmmmmmmmmmmmmmm
expenses. Itemize expenses not covered
661,000. 568,000. 93,000.
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 PURCHASES FOR RESALE 3,984,000. 3,984,000.

b LIBRARY MATERIALS 2,278,000. 2,278,000.
c FACILITIES MAINT. & REPAIR 1,838,000. 1,728,000. 110,000.
d EQP RENTAL,MAINT. & REPAIR 996,000. 861,000. 126,000. 9,000.
e All other expenses 1,564,100. 1,357,000. 168,100. 39,000.
25 Total functional expenses. Add lines 1 through 24e 162,028,000. 144,322,000. 11,739,000. 5,967,000.
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
following SOP 98-2 (ASC 958-720)
I
m
mmmmmm
if
0
JSA Form 990 (2011)
1E1052 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 14

Form 990 (2011) Page 11
Part X Balance Sheet
(A) (B)
Beginning of year End of year
1 mmmmmmmmmmmmmmmmmmmmmmmmmmm
Cash - non-interest-bearing 0 1 0
2 mmmmmmmmmmmmmmmmmmmm
Savings and temporary cash investments 32,943,000. 2 24,104,000.
3 mmmmmmmmmmmmmmmmmmmmmmm
Pledges and grants receivable, net 16,213,000. 3 11,907,000.
4
5
Accounts receivable, net
Receivables from current and former officers, directors, trustees, key
2,554,000. 4 2,610,000.
employees, and highest compensated employees. Complete Part II of

Schedule Lmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
6 Receivables from other disqualified persons (as defined under section
3,000. 5 2,000.
4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing
mmmmmmmmmmmm
employers and sponsoring organizations of section 501(c)(9) voluntary
employees' beneficiary organizations (see instructions) 0 6 0
Assets
7 Notes and loans receivable, net 6,454,000. 7 5,649,000.

mmmmmmmmm
8 Inventories for sale or use mmmmmmmmmmmmmmmmmmm
9 Prepaid expenses and deferred charges
1,565,000. 8
2,480,000. 9
1,607,000.
4,628,000.
1 0 a Land, buildings, and equipment: cost or
other basis. Complete Part VI of Schedule D 1 0a 370,959,000.
mmmmmmmmmm
b Less: accumulated depreciation 1 0b 126,337,000. 247,974,000. 1 0c 244,622,000.
1 1 Investments - publicly traded securities 65,516,000. 1 1 56,913,000.
mmmmmmmmmmmmmmm
1 2 Investments - other securities. See Part IV, line 11 898,219,000. 1 2 921,326,000.
mmmmmmmmmmmmmm
1 3 Investments - program-related. See Part IV, line 11 0 13 0
1 4 Intangible assets 0 14 0
mmmmmmmmmmmmmmm
1 5 Other assets. See Part IV, line 11
mm
mm
mm
mm
mm
mm
mm
mm
mm
m
1 6 Total assets. Add lines 1 through 15 (must equal line 34)
20,252,000. 1 5 18,574,000.
1,294,173,000. 1 6 1,291,942,000.
1 7 Accounts payable and accrued expenses 14,398,000. 1 7 14,779,000.
1 8 Grants payable mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 4,208,000. 1 8 4,208,000.
1 9 Deferred revenue mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 1,233,000. 1 9 1,315,000.
2 0 Tax-exempt bond liabilities
2 1 Escrow or custodial account liability. Complete Part IV of Schedule D
137,029,000. 2 0
484,000. 2 1
137,107,000.
399,000.
Liabilities
2 2 Payables to current and former officers, directors, trustees, key

employees, highest compensated employees, and disqualified persons.
Complete Part II of Schedule L 0 22 0
mmmmmmm
2 3 Secured mortgages and notes payable to unrelated third parties 15,162,000. 2 3 18,171,000.
mmmmmmmmm
2 4 Unsecured notes and loans payable to unrelated third parties
2 5 Other liabilities (including federal income tax, payables to related third
0 24 0
parties, and other liabilities not included on lines 17-24). Complete Part X
of Schedule Dmmmmmmmmmmmmmmm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
2 6 Total liabilities. Add lines 17 through 25mm
mm
mm
mm
mm
mm
m
30,515,000. 2 5
203,029,000. 2 6
37,378,000.
213,357,000.
I
Organizations that follow SFAS 117, check here X and complete
Net Assets or Fund Balances
lines 27 through 29, and lines 33 and 34.

27 mmmmmmmmmmmmmmmmmmmmmmmmmmmmm 166,058,000.
Unrestricted net assets 27 162,250,000.
28
29
m
mm
mm
mm
mm
mm
mm
mm
mm
mm
Temporarily restricted net assets
Permanently restricted net assetsmm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
520,998,000.
m 404,088,000.
28
29
502,773,000.
413,562,000.
I
Organizations that do not follow SFAS 117, check here
complete lines 30 through 34.
and
30 mmmmmmmmmmmmmmmm
Capital stock or trust principal, or current funds 30
31 mmmmmmmm
Paid-in or capital surplus, or land, building, or equipment fund 31
32 mmmm1,091,144,000.
Retained earnings, endowment, accumulated income, or other funds 32
33
34
mmmmmmm
mmmmmmmmmmmmmmm
mm
Total net assets or fund balancesmmmmmmmmmmmmm
mm
Total liabilities and net assets/fund balancesmm
m1,294,173,000.
33
34
1,078,585,000.
1,291,942,000.
Form 990 (2011)
JSA
1E1053 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 15

Form 990 (2011) Page 12
Part XI Reconciliation of Net Assets
mmmmmmmmmmmmmmmmmmmmmmmX
Check if Schedule O contains a response to any question in this Part XI
mmmmmmmmmmmmmmmmmmmmmmmmmm 162,028,000.
172,008,000. 1
1 Total revenue (must equal Part VIII, column (A), line 12)
2
mmmmmmmmmmmmmmmmmmmmmmmmmmmm 1,091,144,000.
2 Total expenses (must equal Part IX, column (A), line 25)
9,980,000. 3
mmmmmmmm
3 Revenue less expenses. Subtract line 2 from line 1
4
mmmmmmmmmmmmmmmmmm -22,539,000.
4 Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A))
5 Other changes in net assets or fund balances (explain in Schedule O) 5
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 1,078,585,000.
6 Net assets or fund balances at end of year. Combine lines 3, 4, and 5 (must equal Part X, line 33,
column (B)) 6
Part XII Financial Statements and Reporting

Check if Schedule O contains a response to any question in this Part XII
Yes No
1 Accounting method used to prepare the Form 990: Cash X Accrual Other
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a mmmmmmmm
Were the organization's financial statements compiled or reviewed by an independent accountant? 2a X
b
c
Were the organization's financial statements audited by an independent accountant? mmmmmmmmmmmmmmmm
If "Yes" to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight
2b X
mmmm
of the audit, review, or compilation of its financial statements and selection of an independent accountant?
If the organization changed either its oversight process or selection process during the tax year, explain in
2c X
Schedule O.
d If "Yes" to line 2a or 2b, check a box below to indicate whether the financial statements for the year were
issued on a separate basis, consolidated basis, or both:
X Separate basis Consolidated basis Both consolidated and separate basis
3a As a result of a federal award, was the organization required to undergo an audit or audits as set forth in
b
the Single Audit Act and OMB Circular A-133? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the
3a X
required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits 3b X
Form 990 (2011)
JSA
1E1054 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 16

SCHEDULE A OMB No. 1545-0047
(Form 990 or 990-EZ) 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.
À¾µµ
I I
Open to Public
Internal Revenue Service Attach to Form 990 or Form 990-EZ. See separate instructions. Inspection
Name of the organization Employer identification number
Part I Reason for Public Charity Status (All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1 A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).
2 X A school described in section 170(b)(1)(A)(ii). (Attach Schedule E.)
3 A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).
4 A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the
hospital's name, city, and state:
5 An organization operated for the benefit of a college or university owned or operated by a governmental unit described in
section 170(b)(1)(A)(iv). (Complete Part II.)
6 A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).
7 An organization that normally receives a substantial part of its support from a governmental unit or from the general public
described in section 170(b)(1)(A)(vi). (Complete Part II.)
8 A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)
9 An organization that normally receives: (1) more than 3 31 /3 % of its support from contributions, membership fees, and gross
receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 3 31/3% of its
support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10 An organization organized and operated exclusively to test for public safety. See section 509(a)(4).
11 An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the
purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section
509(a)(3). Check the box that describes the type of supporting organization and complete lines 11e through 11h.
a Type I b Type II c Type III - Functionally integrated d Type III - Other
e By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified
persons other than foundation managers and other than one or more publicly supported organizations described in section
509(a)(1) or section 509(a)(2).
f If the organization received a written determination from the IRS that it is a Type I, Type II, or Type III supporting
g
organization, check this box mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Since August 17, 2006, has the organization accepted any gift or contribution from any of the
following persons?
(i) A person who directly or indirectly controls, either alone or together with persons described in (ii) Yes No
and (iii) below, the governing body of the supported organization? mmmmmmmmmmmmmmmmmmmmm 11g(i)
(ii) A family member of a person described in (i) above? mmmmmmmmmmmmmmmmmmmmmmmmmmmmm 11g(ii)
h
(iii) A 35% controlled entity of a person described in (i) or (ii) above?
Provide the following information about the supported organization(s).
mmmmmmmmmmmmmmmmmmmmmm 11g(iii)
(i) Name of supported (ii) EIN (iii) Type of organization (iv) Is the (v) Did you notify (vi) Is the (vii) Amount of
organization (described on lines 1-9 organization in the organization organization in support
above or IRC section col. (i) listed in in col. (i) of col. (i) organized
your governing
(see instructions)) document? your support? in the U.S.?
Yes No Yes No Yes No
(A)
(B)
(C)
(D)
(E)
Total
For Paperwork Reduction Act Notice, see the Instructions for Schedule A (Form 990 or 990-EZ) 2011
Form 990 or 990-EZ.
JSA
1E1210 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 17
Schedule A (Form 990 or 990-EZ) 2011 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 fails to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year beginning in) I (a) 2007 (b) 2008 (c) 2009 (d) 2010 (e) 2011 (f) Total
1 Gifts, grants, contributions, and

membership fees received. (Do not
include any "unusual grants.") mmmmmm
2 Tax revenues levied for the
mmmmmmm
organization's benefit and either paid
to or expended on its behalf
3 The value of services or facilities
mmmmmmm
furnished by a governmental unit to the
mmmmmmm
organization without charge
4 Total. Add lines 1 through 3
5 The portion of total contributions by
each person (other than a
governmental unit or publicly
supported organization) included on
6
shown on line 11, column (f) mmmmmmm
line 1 that exceeds 2% of the amount
Public support. Subtract line 5 from line 4.

Section B. Total Support
mmmmmmmmI
Calendar year (or fiscal year beginning in) (a) 2007 (b) 2008 (c) 2009 (d) 2010 (e) 2011 (f) Total
7
8
Amounts from line 4 mm
Gross income from interest, dividends,
payments received on securities loans,
mmmmmmmmmmmmmmmmm
rents, royalties and income from similar
sources
9 Net income from unrelated business
mmmmmmmmmm
activities, whether or not the business
is regularly carried on
10 Other income. Do not include gain or
mmmmmmmmmmm
loss from the sale of capital assets
mm
(Explain in Part IV.)
11 Total support. Add lines 7 through 10
12 Gross receipts from related activities, etc. (see instructions) 12
13
First five 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
I
Section C. Computation of Public Support Percentage
mmmmmmmm
1 4 Public support percentage for 2011 (line 6, column (f) divided by line 11, column (f)) 14 %
mmmmmmmmmmmmmmmmmmm
1 5 Public support percentage from 2010 Schedule A, Part II, line 14 15
1 6a 3 3 1 /3 % support test - 2011. If the organization did not check the box on line 13, and line 14 is 3 31 /3 % or more, check
%
I
this box and stop here. The organization qualifies as a publicly supported organization
b 3 3 1 /3 % support test - 2010. If the organization did not check a box on line 13 or 16a, and line 15 is 3 31 /3 % or more,
mmmmmmmmmmmmmmmmm
I
check this box and stop here. The organization qualifies as a publicly supported organization
1 7a 10%-facts-and-circumstances test - 2011. 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 IV how the organization meets the "facts-and-circumstances” test. The organization qualifies as a publicly supported
organization mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
I
b 10%-facts-and-circumstances test - 2010. 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 IV how the organzation meets the "facts-and-circumstances" test. The organization qualifies as a publicly
supported organization mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
I
1 8 Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
I Schedule A (Form 990 or 990-EZ) 2011
JSA
1E1220 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 18
Part III Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II.
If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in)
1 Gifts, grants, contributions, and membership fees
I (a) 2 0 07 (b) 2 0 08 (c) 2 0 09 (d) 2 0 10 (e) 2 0 11 (f) Total
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
3
organization's tax-exempt purpose mmmmmm
Gross receipts from activities that are not an
4
unrelated trade or business under section 5 1 3
Tax revenues levied for
m the
organization's benefit and either paid
5
to or expended on its behalf
The value of services
mmmmmmm
or facilities
furnished by a governmental unit to the
organization without charge mmmmmmm
6 Total. Add lines 1 through 5 mmmmmmm
mmmm
7 a 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
mmmmmmmmmmm
or 1% of the amount on line 13 for the year
c Add lines 7a and 7b
mmmmmmmmmmmmmmmmm
8 Public support (Subtract line 7c from
line 6.)
Section B. Total Support
I
Calendar year (or fiscal year beginning in)
mmmmmmmmmm
9 Amounts from line 6 m
(a) 2 0 07 (b) 2 0 08 (c) 2 0 09 (d) 2 0 10 (e) 2 0 11 (f) Total
1 0 a Gross income from interest, dividends,

payments received on securities loans,
sources mmmmmmmmmmmmmmmmm
rents, royalties and income from similar
b Unrelated business taxable income (less

section 511 taxes) from businesses
acquired after June 30, 1 9 75 mmmmmm
11
c Add lines 10a and 10b mmmmmmmmm
Net income from unrelated business
activities not included in line 10b,
mmmmmmmmmmmmmmm
whether or not the business is regularly
carried on
12 Other income. Do not include gain or
mmmmmmmmmmm
loss from the sale of capital assets
(Explain in Part IV.)
13 Total support. (Add lines 9, 10c, 11,
mmmmmmmmmmmmmmmm
and 12.)
14 First five 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
Section C. Computation of Public Support Percentage
I
mmmmmmmmmm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
m
15 Public support percentage for 2011 (line 8, column (f) divided by line 13, column (f)) 15 %
16 Public support percentage from 2010 Schedule A, Part III, line 15 16 %
Section D. Computation of Investment Income Percentage
17 mmmmmmmmmm
Investment income percentage for 2011 (line 10c, column (f) divided by line 13, column (f)) 17 %
18 mmmmmmmmmmmmmmmmmmmm
Investment income percentage from 2010 Schedule A, Part III, line 17 18
1 9 a 3 3 1 /3 % support tests - 2011. If the organization did not check the box on line 14, and line 15 is more than 3 31 /3 %, and line
%
I
17 is not more than 3 31 /3 %, check this box and stop here. The organization qualifies as a publicly supported organization
b 3 3 1 /3 % support tests - 2010. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 3 31 /3 %, and
I
line 18 is not more than 3 31 /3 %, check this box and stop here. The organization qualifies as a publicly supported organization
JSA
20 I
Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions
Schedule A (Form 990 or 990-EZ) 2011
1E1221 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 19
Part IV Supplemental Information. Complete this part to provide the explanations required by Part II, line 10;
Part II, line 17a or 17b; and Part III, line 12. Also complete this part for any additional information. (See
instructions).
JSA Schedule A (Form 990 or 990-EZ) 2011
1E1225 2.000
8835BZ 2219 V 11-6.5 2656406 PAGE 20
SCHEDULE C Political Campaign and Lobbying Activities OMB No. 1545-0047
(Form 990 or 990-EZ)
For Organizations Exempt From Income Tax Under section 501(c) and section 527 À¾µµ
I Complete if the organization is described below. I Attach to Form 990 or Form 990-EZ.
Open to Public
Internal Revenue Service I See separate instructions.
If the organization answered "Yes" to Form 990, Part IV, line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
Inspection
% Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
% Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
% Section 527 organizations: Complete Part I-A only.
If the organization answered "Yes" to Form 990, Part IV, line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
% 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.
% Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
If the organization answered "Yes" to Form 990, Part IV, line 5 (Proxy Tax) or Form 990-EZ, Part V, line 35c (Proxy Tax), then
% Section 501(c)(4), (5), or (6) organizations: Complete Part III.
Name of organization Employer identification number

Part I-A Complete if the organization is exempt under section 501(c) or is a section 527 organization.
1 Provide a description of the organization's direct and indirect political campaign activities in Part IV.
2 Political expenditures mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmI $
3 Volunteer hours mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
m
Part
4 I-B Complete if the organization is exempt under section 501(c)(3).
1 mmmmmmI
Enter the amount of any excise tax incurred by the organization under section 4955 $
2 mmI
Enter the amount of any excise tax incurred by organization managers under section 4955 $
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
3 If the organization incurred a section 4955 tax, did it file Form 4720 for this year?
m
Yes No
4a Was a correction made? Yes No
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
2
activities mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmI
Enter the amount of the filing organization's funds contributed to other organizations for section
$
3
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmI
527 exempt function activities
Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL,
$
line 1 7b mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmI $
4
5
Did the filing organization file Form 1120-POL for this year? Yes No
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 (e) Amount of political
filing organization's contributions received and
funds. If none, enter -0-. 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 or 990-EZ. Schedule C (Form 990 or 990-EZ) 2011
JSA
1E1264 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 26

Schedule C (Form 990 or 990-EZ) 2011 BOWDOIN COLLEGE 01-0215213 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 I if the filing organization belongs to an affiliated group (and list in Part IV each affiliated group member's
name, address, EIN, expenses, and share of excess lobbying expenditures).
B Check I if the filing organization checked box A and "limited control" provisions apply.
Limits on Lobbying Expenditures (a) Filing (b) Affiliated
(The term "expenditures" means amounts paid or incurred.) organization's totals group totals
1a mmmmmm
Total lobbying expenditures to influence public opinion (grass roots lobbying)
b mmmmmmm
Total lobbying expenditures to influence a legislative body (direct lobbying)
c mmmmmmmmmmmmmmmmmmmmm
Total lobbying expenditures (add lines 1a and 1b)
d Other exempt purpose expenditures mmmmmmmmmmmmmmmmmmmmmmmmmmmm
e
f
mmmmmmmmmmmmmmmmm
Total exempt purpose expenditures (add lines 1c and 1d)
Lobbying nontaxable amount. Enter the amount from the following table in both
columns.
If the amount on line 1e, column (a) or (b) is: The lobbying nontaxable amount is:
Not over $500,000 20% 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)mmmmmmmmmmmmmmmmmmm
h mmmmmmmmmmmmmmmmmmm
Subtract line 1g from line 1a. If zero or less, enter -0-
i
j
mmmmmmmmmmmmmmmmmmm
Subtract line 1f from line 1c. If zero or less, enter -0-
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? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm Yes No
4-Year Averaging Period Under Section 501(h)

(Some organizations that made a section 501(h) election do not have to complete all of the five
columns below. See the instructions for lines 2a through 2f on page 4.)
Lobbying Expenditures During 4-Year Averaging Period
Calendar year (or fiscal year (a) 2 0 08 (b) 2 0 09 (c) 2 0 10 (d) 2 0 11 (e) Total
beginning in)
2 a Lobbying nontaxable amount
b Lobbying ceiling amount

(150% of line 2a, column (e))
c Total lobbying expenditures
d Grassroots nontaxable amount
e Grassroots ceiling amount

(150% of line 2d, column (e))
f Grassroots lobbying expenditures

Schedule C (Form 990 or 990-EZ) 2011
JSA
1E1265 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 27

Schedule C (Form 990 or 990-EZ) 2011 Page 3
Part II-B Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768
(election under section 501(h)).
(a) (b)
For each "Yes" response to lines 1a through 1i below, provide in Part IV a detailed description
of the lobbying activity. Yes No 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? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm X
b
c
m
Paid staff or management (include compensation in expenses reported on lines 1c through 1i)?
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Media advertisements?
X
X
d mmmmmmmmmmmmmmmmmmmmmmmmmmm
Mailings to members, legislators, or the public? X
e
f
m
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
Publications, or published or broadcast statements?
mm
Grants to other organizations for lobbying purposes?mm
mm
mm
mm
mm
mm
m
X
X
g mmmmmm
Direct contact with legislators, their staffs, government officials, or a legislative body? X
h mmmmX
Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? X
i
j
mmmmmmmm
Other activities? mm
mm
mm
mm
mm
mm
mm
Total. Add lines 1c through 1i
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
m 6,900.
6,900.
2a mmm
Did the activities in line 1 cause the organization to be not described in section 501(c)(3)?
b mmmmmmmmmmmmmmmm
If "Yes," enter the amount of any tax incurred under section 4 912
mmmm
mm
c If "Yes," enter the amount of any tax incurred by organization managers under section 4 912
d m
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?
mmmmmmmmmmmmmmmmmmm 1
2
3
Did the organization make only in-house lobbying expenditures of $2,000 or less? mmmmmmmmm
mm
mm
m
Did the organization agree to carry over lobbying and political expenditures from the prior year?
m
mm
mm
mm
mm
mm
mm
m
2
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
2
Dues, assessments and similar amounts from members mmmmmmmmmmmmmmmmmmmmmmmmmmmm
Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of
1
political expenses for w hich the section 527(f) tax w as paid).

a Current year mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 2a
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
b Carryover from last year 2b
c Total mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 2c
3
4
mmmm
Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues
If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the
3
excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying
5
and political expenditure next year? mmmmmmmmmmmmmmmmmmmm
m
mm
mm
m
m
mm
mm
m
m
mm
mm
m
m
mm
mm
m
m
mm
mm
m
m
m
Taxable amount of lobbying and political expenditures (see instructions)
m
mm
m
m
m
4
5
Part IV Supplemental Information
Complete this part to provide the descriptions required for Part I-A, line 1; Part I-B, line 4; Part I-C, line 5; Part II-A; and Part II-B, line
1. Also, complete this part for any additional information.
LOBBYING ACTIVITIES
PART II-B, LINE 1I
THE ORGANIZATION PAYS MEMBERSHIP DUES TO ORGANIZATIONS WHICH MAY ENGAGE
IN LOBBYING ACTIVITIES.
JSA Schedule C (Form 990 or 990-EZ) 2011

1E1266 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 28

Schedule C (Form 990 or 990-EZ) 2011 Page 4

Part IV Supplemental Information (continued)
JSA Schedule C (Form 990 or 990-EZ) 2011
1E1500 2.000
8835BZ 2219 V 11-6.5 2656406 PAGE 29
SCHEDULE D OMB No. 1545-0047
Supplemental Financial Statements
(Form 990)
I Complete if the organization answered "Yes," to Form 990, À¾µµ
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b. Open to Public
Name of the organization
I Attach to Form 990. ISee separate instructions. Inspection

Part I Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the
organization answered "Yes" to Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year mmmmmmmmmmm

2 mmmm
Aggregate contributions to (during year)
3 mmmmmmm
Aggregate grants from (during year)
4 Aggregate value at end of year mmmmmmmmmm
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? mmmmmmmmmmm Yes No
6 Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose
conferring impermissible private benefit? Yes No
Part II Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.
1 Purpose(s) of conservation easements held by the organization (check all that apply).
Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area
Protection of natural habitat Preservation of a certified historic structure
Preservation of open space
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 Tax Year
a Total number of conservation easements mmmmmmmmmmmmmmmmmmmmmmmmmmmm 2a
b mmmmmmmmmmmmmmmmmmmmmm
Total acreage restricted by conservation easements 2b
c mmmmmm
Number of conservation easements on a certified historic structure included in (a) 2c
d Number of conservation easements included in (c) acquired after 8/17/06, and not on a
historic structure listed in the National Register 2d
3 Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year I
4
5
Number of states where property subject to conservation easement is located I
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of
violations, and enforcement of the conservation easements it holds? mmmmmmmmmmmmmmmmmmmmmmm Yes No
6 Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year
7
I
Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year
8
I $
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)
9
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
(i) and section 170(h)(4)(B)(ii)?
In Part XIV, describe how the organization reports conservation easements in its revenue and expense statement, and
Yes No
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes the
organization’s accounting for conservation easements.
Part III Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.
1a If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet
works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of
public service, provide, in Part XIV, the text of the footnote to its financial statements that describes these items.
b If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet
works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of
mmmmmmmmmmmmmmmmmmmmmmmmmmmmm
public service, provide the following amounts relating to these items:
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmI
(i) Revenues included in Form 990, Part VIII, line 1 $
2
(ii) Assets included in Form 990, Part X I $
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
mmmmmmm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:
a
b
Revenues included in Form 990, Part VIII, line 1
Assets included in Form 990, Part X mI
I
$
$
For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule D (Form 990) 2011
JSA
1E1268 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 30
Schedule D (Form 990) 2011 Page 2
Part III Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3 Using the organization's acquisition, accession, and other records, check any of the following that are a significant use of its
collection items (check all that apply):
a X Public exhibition d X Loan or exchange programs
b X Scholarly research e Other
c X Preservation for future generations
4 Provide a description of the organization's collections and explain how they further the organization's exempt purpose in Part
XIV.
5 During the year, did the organization solicit or receive donations of art, historical treasures, or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization's collection? Yes X No mmmmmm
Part IV Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990, Part IV,
line 9, or reported an amount on Form 990, Part X, line 21.
1 a Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? Yes X No
b If "Yes," explain the arrangement in Part XIV and complete the following table:
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Amount
c Beginning balance 1c
d Additions during the year 1d
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
e Distributions during the year 1e
f Ending balance
mmmmmmmmmmmmmmmmmmmmmmX
1f
2 a Did the organization include an amount on Form 990, Part X, line 21? Yes No
b If "Yes," explain the arrangement in Part XIV.
Part V Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.
mmmm904,215,000. 753,525,000. 688,384,000. 831,460,000.

(a) Current year (b) Prior year (c) Two years back (d) Three years back (e) Four years back
mmmmmmmmmmm 15,333,000. 24,697,000. 30,940,000. 36,977,000.

1 a Beginning of year balance
b Contributions
mmmmmmmmmmmmm 23,497,000. 166,150,000. 73,857,000. -145580000.

c Net investment earnings, gains,
mmmmmm 16,543,000. 16,436,000. 16,335,000. 13,494,000.

and losses
m
d Grants or scholarships
mmmmmmmmmmm 21,341,000. 21,595,000. 21,151,000. 18,866,000.

e Other expenditures for facilities
mmmmm 2,797,000. 2,126,000. 2,170,000. 2,113,000.

and programs
mmmmmmmm902,364,000. 904,215,000. 753,525,000. 688,384,000.

f Administrative expenses
g End of year balance
2 Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
I 7.8000
Board designated or quasi-endowment %
b Permanent endowment I42.1000 50.1000 %
c
I
Temporarily restricted endowment %
The percentages in lines 2a, 2b, and 2c should equal 100%.
3 a 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) X
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 3a(ii)
mmmmmmmmmmmmmmmmmm
(ii) related organizations X
b If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? 3b
4 Describe in Part XIV the intended uses of the organization's endowment funds.
Part VI Land, Buildings, and Equipment. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis (b) Cost or other basis (c) Accumulated (d) Book value
(investment) (other) depreciation
1 a Land
mmmmmmmmmmmmmmmmmm 4,253,000. 4,253,000.
b Buildings
mmmmmmmmmm 321,254,000. 91,715,000. 229,539,000.
mmmmmmmmmmmmmmmmm
c Leasehold improvements 415,000. 207,000. 208,000.
d Equipment
e Other mmmmmmmmmmmmmmmmmmmm 29,450,000. 26,123,000.
15,587,000. 8,292,000.
3,327,000.
7,295,000.
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).) mmmmmm
I 244,622,000.
Schedule D (Form 990) 2011
JSA
1E1269 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 31

Part VII Investments - Other Securities. See Form 990, Part X, line 12.
(a) Description of security or category (b) Book value (c) Method of valuation:
(including name of security) Cost or end-of-year market value
(1) Financial derivatives mmmmmmmmmmmmmmmmm

(2) Closely-held equity interests
(3) Other
mmmmmmmmmmmmm
(A) EQUITIES 171,886,000. FMV
(B) FIXED INCOME 3,949,000. FMV
(C) ABSOLUTE RETURN 372,969,000. FMV
(D) BUYOUTS/DISTRESSED 135,403,000. FMV
(E) VENTURE CAPITAL 135,518,000. FMV
(F) REAL ESTATE 83,974,000. FMV
(G) NATURAL RESOURCES 17,627,000. FMV
(H)
(I)
921,326,000.
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)
Part VIII
I
Investments - Program Related. See Form 990, Part X, line 13.
(a) Description of investment type (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 13.)
Part IX Other Assets. See Form 990, Part X, line 15.
I
(a) Description (b) Book value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 15.) mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmI
Part X Other Liabilities. See Form 990, Part X, line 25.
1. (a) Description of liability (b) Book value
(1) Federal income taxes
(2) LIABILITY: POST-RETIREMENT BEN 14,281,000.
(3) ASSET RETIREMENT OBLIGATION 1,280,000.
(4) LIABILITY FOR PRESENT VALUE OF
(5) INCOME AND OUTSIDE INVESTMENT 13,715,000.
(6) FAIR VALUE OF INTEREST RATE SW 8,102,000.
(7)
(8)
(9)
(10)
(11)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 25.) I 37,378,000.
2. FIN 48 (ASC 740) Footnote. In Part XIV, provide the text of the footnote to the organization's financial statements that reports the
organization's liability for uncertain tax positions under FIN 48 (ASC 740).
JSA
1E1270 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 32
Part XI Reconciliation of Change in Net Assets from Form 990 to Audited Financial Statements
1 mmmmmmmmmmmmmmmmmmmmmmmm
Total revenue (Form 990, Part VIII, column (A), line 12) 1 172,008,000.
2 mmmmmmmmmmmmmmmmmmmmmmmm
Total expenses (Form 990, Part IX, column (A), line 25) 2 162,028,000.
3 mmmmmmmmmmmmmmmmmmmmmmm
Excess or (deficit) for the year. Subtract line 2 from line 1 3 9,980,000.
4 mmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Net unrealized gains (losses) on investments 4 -15,938,000.
5 mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Donated services and use of facilities 5
6 Investment expenses mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 6
7 Prior period adjustmentsmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 7
8 mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Other (Describe in Part XIV.) 8 -6,601,000.
9
10
Total adjustments (net). Add lines 4 through 8
mm
mm
mm
mm
mm
mm
m
Excess or (deficit) for the year per audited financial statements. Combine lines 3 and 9
9
10
-22,539,000.
-12,559,000.
Part XII Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
1
2
mmmmmmmmmmmmmmmmm
Total revenue, gains, and other support per audited financial statements
Amounts included on line 1 but not on Form 990, Part VIII, line 12:
1 146,723,000.
a mmmmmmmmmmmmmmmmmmmmmm -15,938,000.
Net unrealized gains on investments 2a
b mmmmmmmmmmmmmmmmmmmmmm
Donated services and use of facilities 2b
c mmmmmmmmmmmmmmmmmmmmmmmmmm -6,601,000.
Recoveries of prior year grants 2c
Other (Describe in Part XIV.) 2d
3
e Add lines 2a through 2 d mmm
mm
Subtract line 2 e from line 1mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
m
2e
3
-22,539,000.
169,262,000.
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1 :
a mmmmmmm 2,761,000.
Investment expenses not included on Form 990, Part VIII, line 7b 4a
b mmmmmmmmmmmmmmmmmmmmmmmmmmm
Other (Describe in Part XIV.) -15,000.
4b
5
c mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Add lines 4 a and 4 b
mmmmmmmmm
mm mmm mm mm
Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.)mmmmmm
mm
m
4c
5
2,746,000.
172,008,000.
Part XIII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
1
2
mmmmmmmmmmmmmmmmmmmmmmmm
Total expenses and losses per audited financial statements
Amounts included on line 1 but not on Form 990, Part IX, line 25:
1 159,282,000.
a mmmmmmmmmmmmmmmmmmmmmm
Donated services and use of facilities 2a
b mmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Prior year adjustments 2b
c mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Other losses 2c
Other (Describe in Part XIV.) 15,000.
2d
3
e mmm
Add lines 2 a through 2 d
mm
mm
mm
Subtract line 2 e from line 1mm
mmmm
mmmmmm
mm
mmmmmmmm
mmmm
mmmm
mmmmmmmm
mm
mm
mmmmmm
mmmm
mmmm
mm
mmmm
mmmm
mmmmmm
mm
m
2e
3
15,000.
159,267,000.
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a mmmmmmm 2,761,000.
Investment expenses not included on Form 990, Part VIII, line 7b 4a
b mmmmmmmmmmmmmmmmmmmmmmmmmmm
Other (Describe in Part XIV.) 4b
5
c mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Add lines 4 a and 4 b
mmmm
mmmm
mm
mmmm
mmmm
mm
Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) mmmm
mm
m
4c
5
2,761,000.
162,028,000.
Part XIV Supplemental Information
Complete this part to provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part IV, lines 1b and 2b;
Part V, line 4; Part X, line 2; Part XI, line 8; Part XII, lines 2d and 4b; and Part XIII, lines 2d and 4b. Also complete this part to provide
any additional information.
SEE PAGE 5
JSA
1E1271 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 33
Schedule D (Form 990) 2011 BOWDOIN COLLEGE 01-0215213 Page 5
Part XIV Supplemental Information (continued)
ORGANIZATIONS MAINTAINING COLLECTIONS
PART III, LINE 1A
THE COLLEGE DOES NOT CAPITALIZE COLLECTIONS, PRIMARILY ART OBJECTS, AS
THEY ARE HELD FOR PUBLIC EXHIBITION AND EDUCATION RATHER THAN FINANCIAL
GAIN. PROCEEDS FROM THE SALE OF COLLECTION ITEMS ARE USED TO ACQUIRE
OTHER ITEMS FOR COLLECTION.
ORGANIZATION'S COLLECTIONS
PART III, LINE 4
COLLEGE COLLECTIONS ARE PRIMARILY ART OBJECTS HELD FOR PUBLIC EXHIBITION
AND EDUCATION.
CUSTODIAL ACCOUNTS
PART IV, LINE 2B
THE COLLEGE SERVES AS THE AGENT INSTITUTION FOR THE INTERCOLLEGIATE SRI
LANKA EDUCATION PROGRAM: $377,000; SECURITY DEPOSITS ON RENTAL
PROPERTIES: $22,000
ENDOWMENT FUNDS
PART V, LINE 4
THE COLLEGE'S ENDOWMENT IS INVESTED WITH THE INTENT OF BALANCING THE
GOALS OF GENERATING A STEADY STABLE STREAM OF FUNDS TO SUPPORT THE
CURRENT OPERATIONS OF THE COLLEGE WHILE PRESERVING THE PURCHASING POWER
OF THE ENDOWMENT TO SUPPORT PROGRAMS AND INITIATIVES OF FUTURE
GENERATIONS OF BOWDOIN STUDENTS.
JSA
1E1226 2.000
8835BZ 2219 V 11-6.5 2656406 PAGE 34
ORGANIZATION'S LIABILITY FOR UNCERTAIN TAX POSITIONS
PART X, LINE 2
THE COLLEGE IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION
501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED, AND IS GENERALLY
EXEMPT FROM INCOME TAXES PURSUANT TO THE CODE. THE COLLEGE ASSESSES
UNCERTAIN TAX POSITIONS AND HAS DETERMINED THERE WERE NO SUCH POSITIONS
THAT HAVE A MATERIAL EFFECT ON THE FINANCIAL STATEMENTS.
OTHER CHANGES IN NET ASSETS
PART XI, LINE 8
NET UNREALIZED LOSS ON INTEREST RATE SWAP ($4,176,000)
POSTRETIREMENT-RELATED CHANGES
OTHER THAN NET PERIODIC COST ($1,806,000)
NET CHANGE IN ANNUITY AND LIFE INCOME FUNDS ($619,000)
TOTAL ($6,601,000)
OTHER REVENUE IN FINANCIAL STATEMENTS, NOT ON FORM 990
PART XII, LINE 2D
POSTRETIREMENT-RELATED CHANGES
OTHER THAN NET PERIODIC COST ($1,806,000)
TOTAL ($6,601,000)
JSA
1E1226 2.000
8835BZ 2219 V 11-6.5 2656406 PAGE 35
OTHER REVENUE IN 990, NOT ON FINANCIAL STATEMENTS
PART XII, LINE 4B
DIRECT EXPENSES FOR GOLF FUNDRAISING EVENT ($15,000)
OTHER EXPENSES IN FINANCIAL STATEMENTS, NOT ON FORM 990
PART XIII, LINE 2D
DIRECT EXPENSES FOR GOLF FUNDRAISING EVENT $15,000
JSA
1E1226 2.000
8835BZ 2219 V 11-6.5 2656406 PAGE 36
SCHEDULE E OMB No. 1545-0047
Schools
I Complete if the organization answered "Yes" to Form 990, Part IV, line 13, or
Form 990-EZ, Part VI, line 48.
À¾µµ
Internal Revenue Service I Attach to Form 990 or Form 990-EZ.
Open to Public
Inspection
Part I
YES NO
1 Does the organization have a racially nondiscriminatory policy toward students by statement in its charter,
2
bylaws, other governing instrument, or in a resolution of its governing body? mmmmmmmmmmmmmmmmmmmmm
Does the organization include a statement of its racially nondiscriminatory policy toward students in all its
1 X
brochures, catalogues, and other written communications with the public dealing with student admissions,
3
programs, and scholarships? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Has the organization publicized its racially nondiscriminatory policy through newspaper or broadcast media
2 X
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 IImmmmmmmmmmmmmmmmmmmmmmmmmm 3 X
SEE SUPPLEMENTAL PAGE
4 Does the organization maintain the following?

mmmmmmmmmmm
a Records indicating the racial composition of the student body, faculty, and administrative staff?
b Records documenting that scholarships and other financial assistance are awarded on a racially
4a X
nondiscriminatory basis? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm

c Copies of all catalogues, brochures, announcements, and other written communications to the public dealing
4b X
with student admissions, programs, and scholarships? 4c X
mmmmmmmmmmmmmmmm
d Copies of all material used by the organization or on its behalf to solicit contributions?
If you answered "No" to any of the above, please explain. If you need more space, use Part II.
4d X
5 Does the organization discriminate by race in any way with respect to:
a Students' rights or privileges? 5a X
b Admissions policies? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 5b X
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
c Employment of faculty or administrative staff? 5c X
d Scholarships or other financial assistance? 5d X
e Educational policies? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 5e X
f Use of facilities? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 5f X
g Athletic programs? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 5g X
h Other extracurricular activities?
If you answered "Yes" to any of the above, please explain. If you need more space, use Part II.
5h X
6 a Does the organization receive any financial aid or assistance from a governmental agency?mmmmmmmmmmmmm 6a X
b Has the organization's right to such aid ever been revoked or suspended?
If you answered "Yes" to either line 6a or line 6b, explain on Part II.
mmmmmmmmmmmmmmmmmmmmmmm 6b X
7 Does the organization certify that it has complied with the applicable requirements of sections 4.01 through
mmmmmm
4.05 of Rev. Proc. 75-50, 1975-2 C.B. 587, covering racial nondiscrimination? If "No," explain on Part II
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or Form 990-EZ.
7 X
Schedule E (Form 990 or 990-EZ) (2011)
JSA
1E1273 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 37
Schedule E (Form 990 or 990-EZ) (2011) Page 2
Part II Supplemental Information. Complete this part to provide the explanations required by Part I, lines 3, 4d, 5h,
6b, and 7, as applicable. Also complete this part to provide any other additional information (see instructions).
RACIALLY NONDISCRIMINATORY POLICY
PART I, LINE 3
THE COLLEGE CATALOGUE CONTAINS A STATEMENT OF BOWDOIN COLLEGE'S RACIAL
NON-DISCRIMINATION POLICY. THE CATALOGUE IS PUBLISHED ON-LINE AT THE
COLLEGE'S WEBSITE - WWW.BOWDOIN.EDU/CATALOGUE.
EXPLANATION OF GOVERNMENT FINANCIAL AID
PART I, LINE 6A
THE COLLEGE RECEIVES AID FROM THE FEDERAL GOVERNMENT IN THE FORM OF
STUDENT FINANCIAL AID.
JSA Schedule E (Form 990 or 990-EZ) (2011)
1E1501 2.000
8835BZ 2219 V 11-6.5 2656406 PAGE 38
SCHEDULE F Statement of Activities Outside the United States OMB No. 1545-0047
(Form 990)
I Complete if the organization answered "Yes" to Form 990,
Part IV, line 14b, 15, or 16.
À¾µµ
I Attach to Form 990. I
See separate instructions. Open to Public
Inspection

Part I General Information on Activities Outside the United States. Complete if the organization answered "Yes" to
Form 990, Part IV, line 14b.
1 For grantmakers. Does the organization maintain records to substantiate the amount of its grants and other
assistance, the grantees' eligibility for the grants or assistance, and the selection criteria used to award the
grants or assistance? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm X Yes No
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 Activities per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)
(a) Region (b) Number of (c) Number of (d) Activities conducted in (e) If activity listed in (d) is (f) Total
offices in the employees, region (by type) (e.g., a program service, expenditures for
region agents, and fundraising, program services, describe specific type of and investments
independent investments, service(s) in region in region
contractors grants to recipients
in region located in the region)
(1) EAST ASIA AND THE PACIFIC GRANTMAKING 9,000.
(2) EUROPE GRANTMAKING 83,000.
(3) NORTH AMERICA GRANTMAKING 7,000.
(4) SUB-SAHARAN AFRICA GRANTMAKING 11,000.
(5) CENTRAL AMERICA/CARIBBEAN INVESTMENTS 410,914,000.
(6) EUROPE INVESTMENTS 8,062,000.
(7) SUB-SAHARAN AFRICA INVESTMENTS 9,505,000.
(8) EUROPE FUNDRAISING 11,000.
(9) EUROPE PROGRAM SERVICES ART OBJECTS 18,000.
(10) EUROPE PROGRAM SERVICES SEE PART V 66,000.
(11) EUROPE PROGRAM SERVICES LIBRARY MATERIALS 2,000.
(12) EUROPE PROGRAM SERVICES STUDENT RECRUITMENT 2,000.
(13) NORTH AMERICA PROGRAM SERVICES SEE PART V 81,000.
(14) NORTH AMERICA PROGRAM SERVICES LIBRARY MATERIALS 1,000.
(15) NORTH AMERICA 1. 1. PROGRAM SERVICES SCIENTIFIC STATION 46,000.
(16) NORTH AMERICA PROGRAM SERVICES STUDENT RECRUITMENT 1,000.
(17) EAST ASIA AND THE PACIFIC

mmmmmmmmmmm
PROGRAM SERVICES SEE PART V 15,000.
3 a Sub-total 1. 1. 428,834,000.
b Total from continuation
sheets to Part I mmmmmmm
c Totals (add lines 3a and 3b) 1. 1.
12,000.
428,846,000.
For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule F (Form 990) 2011
JSA
1E1274 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 39
SCHEDULE F Statement of Activities Outside the United States OMB No. 1545-0047
(Form 990)
I Complete if the organization answered "Yes" to Form 990,
Part IV, line 14b, 15, or 16.
À¾µµ
I Attach to Form 990. I
See separate instructions. Open to Public
Inspection

Part I General Information on Activities Outside the United States. Complete if the organization answered "Yes" to
Form 990, Part IV, line 14b.
1 For grantmakers. Does the organization maintain records to substantiate the amount of its grants and other
assistance, the grantees' eligibility for the grants or assistance, and the selection criteria used to award the
grants or assistance? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm X Yes No
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 Activities per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)
(a) Region (b) Number of (c) Number of (d) Activities conducted in (e) If activity listed in (d) is (f) Total
offices in the employees, region (by type) (e.g., a program service, expenditures for
region agents, and fundraising, program services, describe specific type of and investments
independent investments, service(s) in region in region
contractors grants to recipients
in region located in the region)
(1) RUSSIA/INDEPENDENT STATES PROGRAM SERVICES SEE PART V 9,000.
(2) SOUTH AMERICA PROGRAM SERVICES SEE PART V 2,000.
(3) SUB-SAHARAN AFRICA PROGRAM SERVICES SEE PART V 1,000.
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
(16)
(17)
3a
b
Sub-total
Total
mmmmmmmmmmm
from continuation
c
mmmmmmm
sheets to Part I
Totals (add lines 3a and 3b)
For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule F (Form 990) 2011
JSA
1E1274 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 40
Schedule F (Form 990) 2011 Page 2
Part II Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" to Form 990,
Part IV, line 15, for any recipient who received more than $5,000. Check this box if no one recipient received more than $5,000
Part II can be duplicated if additional space is needed.
mmmmmmmmmmI
(i) Method of
1 (a) Name of (b) IRS code (c) Region (d) Purpose of (e) Amount of (f) Manner of (g) Amount of (h) Description valuation
section and EIN grant cash grant cash non-cash of non-cash (book, FMV,
organization disbursement assistance assistance
(if applicable) appraisal,
other)
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
(16)
2 Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mI
by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter
3 Enter total number of other organizations or entities I Schedule F (Form 990) 2011
JSA
1E1275 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 41

Part III Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 16.
Part III can be duplicated if additional space is needed.
(h) Method of
(a) Type of grant or assistance (b) Region (c) Number of (d) Amount of (e) Manner of (f) Amount of (g) Description valuation
recipients cash grant cash non-cash of non-cash (book, FMV,
disbursement assistance assistance appraisal,
other)
(1) FINANCIAL AID EAST ASIA/PACIFIC 1. 9,000. WIRE TRANSF.
(2) FINANCIAL AID EUROPE/ICELAND/GREENLAND 8. 83,000. WIRE TRANSF.
(3) FINANCIAL AID NORTH AMERICA 1. 7,000. WIRE TRANSF.
(4) FINANCIAL AID SUB-SAHARAN AFRICA 3. 11,000. WIRE TRANSF.
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
(16)
(17)
(18)
Schedule F (Form 990) 2011
JSA
1E1276 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 42

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)mmmmmmmmmmmmmmmmmmmmmmmmmmmmmm X Yes No
2 Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization
may be required to file Form 3520, 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) mmmmmmmmmmmmmmmmmmmmmmm Yes X No
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)mmmmmmmmmmmmmmmmmmmmm X Yes No
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) mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm X Yes No
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)mmmmmmmmmmmmmmmmmmmmmmmmm X Yes No
6 Did the organization have any operations in or related to any boycotting countries during the tax year? If
"Yes," the organization may be required to file Form 5713, International Boycott Report (see Instructions
for Form 5713) mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm Yes X No
JSA
1E1277 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 43
Part V Supplemental Information
Complete this part to provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f)
(accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III
(accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to
provide any additional information (see instructions).
MONITOR THE USE OF GRANT FUNDS
PART I, LINE 2
ELIGIBILITY FOR BOWDOIN GRANT ASSISTANCE IS "NEED BASED," DETERMINED
THROUGH ANALYSIS OF INCOME, ASSET AND TAX INFORMATION SUBMITTED ON THE
COLLEGE SCHOLARSHIP SERVICE/FINANCIAL AID PROFILE, FEDERAL FASFA AND
FEDERAL INCOME TAX RETURNS. EXCEPT FOR NATIONAL MERIT SCHOLARSHIPS, THE
COLLEGE DOES NOT OFFER MERIT BASED SCHOLARSHIPS. THE COLLEGE MAINTAINS A
FINANCIAL AID OFFICE TO ENSURE THAT AWARDS ARE IN COMPLIANCE WITH
ESTABLISHED POLICIES AND PROCEDURES.
FUNDS ARE TRACKED SEPARATELY IN THE ORGANIZATION'S BOOKS AND RECORDS.
PROGRAM SERVICE ACTIVITIES
PART I, LINE 3
PROGRAM SERVICE ACTIVITY #10, 13, 17, AND SCHEDULE F, PART I PAGE 2
PROGRAM SERVICE ACTIVITY #1, 2, 3 - FACULTY AND STAFF PROFESSIONAL
DEVELOPMENT, RESEARCH, AND RELATED TRAVEL.

JSA
1E1502 3.000
8835BZ 2219 V 11-6.5 2656406 PAGE 44
OMB No. 1545-0047
SCHEDULE G Supplemental Information Regarding

(Form 990 or 990-EZ) Fundraising or Gaming Activities
Complete if the organization answered "Yes" to Form 990, Part IV, lines 17, 18, or 19, or if the
À¾µµ
Open to Public
I I
Department of the Treasury organization entered more than $15,000 on Form 990-EZ, line 6a.

Fundraising Activities. Complete if the organization answered "Yes" to Form 990, Part IV, line 17.
Part I
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 Mail solicitations e Solicitation of non-government grants
b X Internet and email solicitations f Solicitation of government grants
c X Phone solicitations g Special fundraising events
d X In-person solicitations
2 a 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? X Yes No
b If "Yes," list the ten highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is to be
compensated at least $5,000 by the organization.
(v) Amount paid to
(iii) Did fundraiser have (vi) Amount paid to
(i) Name and address of individual (iv) Gross receipts (or retained by)
(ii) Activity custody or control of (or retained by)
or entity (fundraiser) from activity fundraiser listed in
contributions? organization
col. (i)
Yes No
1
KENNETH P. HORSBURGH, JR SEE PART IV X 66,000.
2
10
Total mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmI 66,000.

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.
ME,
Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule G (Form 990 or 990-EZ) 2011
JSA
1E1281 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 45
Schedule G (Form 990 or 990-EZ) 2011 Page 2
Part II Fundraising Events. Complete if the organization answered "Yes" to Form 990, Part IV, line 18, or reported more
than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with
gross receipts greater than $5,000.
(a) Event #1 (b) Event #2 (c) Other Events (d) Total events
GOLF TOURNEY (add col. (a) through
(event type) (event type) (total number)
col. (c))
Revenue
mmmmmmmmmmmm
1 Gross receipts
2 Less: Charitable
16,000. 16,000.
mmmmmmmmmmmmm
contributions 4,000. 4,000.
mmmmmmmmmmmmmmmmm
3 Gross income (line 1 minus
line 2) 12,000. 12,000.
4 Cash prizesmmmmmmmmmmmmmm
5 Noncash prizesmmmmmmmmmmm 1,000. 1,000.
mmmmmmmmmm
Direct Expenses
6 Rent/facility costs 7,000. 7,000.
mmmmmmmmm
7 Food and beverages 5,000. 5,000.
8 Entertainmentmmmmmmmmmmmm
mmmmmmmm
9 Other direct expenses 2,000. 2,000.
m
mmmm
1 0 Direct expense summary. Add lines 4 through 9 in column (d)
mmmm
mmmm
mm
mmmm
mmmmmmmmmmmm mm
mmmm
mmmmmI
15,000. ( )
Part III
1 1 Net income summary. Combine line 3, column (d), and line 10 I
Gaming. Complete if the organization answered "Yes" to Form 990, Part IV, line 19, or reported more
-3,000.
than $15,000 on Form 990-EZ, line 6a.

(b) Pull tabs/instant (d) Total gaming (add
Revenue
(a) Bingo (c) Other gaming

bingo/progressive bingo col. (a) through col. (c))
1 Gross revenue mmmmmmmmmmmm

2 Cash prizes mmmmmmmmmmmmmm
Direct Expenses
3 Noncash prizes mmmmmmmmmmm

mmmmmmmmmm
4 Rent/facility costs
mmmmmmmm
5 Other direct expenses
Yes % Yes % Yes %
6 Volunteer labor mmmmmmmmmmm No No No
7 Direct expense summary. Add lines 2 through 5 in column (d) mmmmmmmmmmmmmmmmmmmmmI ( )
8 Net gaming income summary. Combine line 1, column d, and line 7 mmmmmmmmmmmmmmmmmmI
9 Enter the state(s) in which the organization operates gaming activities:
a Is the organization licensed to operate gaming activities in each of these states?
b If "No," explain:
mmmmmmmmmmmmmmmmm Yes No
1 0 a Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year?
b If "Yes," explain:
mmmm Yes No
Schedule G (Form 990 or 990-EZ) 2011
JSA
1E1282 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 46
11
12
Does the organization operate gaming activities with nonmembers?
Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity
Yes No
formed to administer charitable gaming? Yes No
13 Indicate the percentage of gaming activity operated in:
a The organization's facility mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 1 3a %
b An outside facility mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 1 3b %
14 Enter the name and address of the person who prepares the organization's gaming/special events books and
records:
Name I
Address I
15 a Does the organization have a contract with a third party from whom the organization receives gaming
revenue? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm Yes No
I
b If "Yes," enter the amount of gaming revenue received by the organization $ and the
I
amount of gaming revenue retained by the third party
c If "Yes," enter name and address of the third party:
$ .
Name I
Address I
16 Gaming manager information:
Name I
Gaming manager compensation I
$
Description of services provided I

Director/officer Employee Independent contractor
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? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
b Enter the amount of distributions required under state law to be distributed to other exempt organizations
Yes No
Part IV
I
or spent in the organization's own exempt activities during the tax year $
Supplemental Information. Complete this part to provide the explanation 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 complete this
part to provide any additional information (see instructions).
FUNDRAISING SERVICES
PART I, LINE 2B, COLUMN (II)
KENNETH P. HORSBURGH, JR.
FUNDRAISING ACTIVITY: PROSPECT DEVELOPMENT, PROSPECT MANAGEMENT AND
INDIVIDUAL PROSPECT SOLICITATION.
PART I, LINE 2B, COLUMN (V)

JSA
1E1503 2.000
8835BZ 2219 V 11-6.5 2656406 PAGE 47
11
12
Does the organization operate gaming activities with nonmembers?
Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity
Yes No
formed to administer charitable gaming? Yes No
13 Indicate the percentage of gaming activity operated in:
a The organization's facility mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 1 3a %
b An outside facility mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 1 3b %
14 Enter the name and address of the person who prepares the organization's gaming/special events books and
records:
Name I
Address I
15 a Does the organization have a contract with a third party from whom the organization receives gaming
revenue? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm Yes No
I
b If "Yes," enter the amount of gaming revenue received by the organization $ and the
I
amount of gaming revenue retained by the third party
c If "Yes," enter name and address of the third party:
$ .
Name I
Address I
16 Gaming manager information:
Name I
Gaming manager compensation I
$
Description of services provided I

Director/officer Employee Independent contractor
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? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
b Enter the amount of distributions required under state law to be distributed to other exempt organizations
Yes No
Part IV
I
or spent in the organization's own exempt activities during the tax year $
Supplemental Information. Complete this part to provide the explanation 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 complete this
part to provide any additional information (see instructions).
KENNETH HORSBURGH RECEIVES REIMBURSEMENT FOR OUT OF POCKET EXPENSES. THE
TOTAL REPORTED IN COLUMN (V) INCLUDES PAYMENT FOR CONTRACTED SERVICES AND
REIMBURSEMENT FOR OUT OF POCKET EXPENSES.
JSA
1E1503 2.000
8835BZ 2219 V 11-6.5 2656406 PAGE 48
SCHEDULE I Grants and Other Assistance to Organizations,
OMB No. 1545-0047
(Form 990)
Governments, and Individuals in the United States À¾µµ
Complete if the organization answered "Yes" to Form 990, Part IV, line 21 or 22. Open to Public
I
Attach to Form 990. Inspection

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
2
the selection criteria used to award the grants or assistance? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmX
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Yes No
Part II Grants and Other Assistance to Governments and Organizations in the United States. Complete if the organization answered "Yes"
to Form 990, Part IV, line 21, for any recipient that received more than $5,000. Check this box if no one recipient received more than $5,000.
1
Part II can be duplicated if additional space is needed
(a) Name and address of organization (b) EIN
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
(c) IRC section (d) Amount of cash
I
(f) Method of valuation (g) Description of (h) Purpose of grant
(e) Amount of non-
or government grant (book, FMV, appraisal,
if applicable cash assistance other) non-cash assistance or assistance
(1) TOWN OF BRUNSWICK

28 FEDERAL ST BRUNSWICK, ME 04011 99-9999999 GOV'T 123,000. CONTRIBUTION
(2) UNITED WAY OF MID COAST ME
34 WING FARM BATH, ME 04530 01-6004866 501(C)(3) 15,000. CONTRIBUTION
(3) PINE GROVE CEMETERY
3 BEECH DR. BRUNSWICK, ME 04011 01-0140283 9,700. CONTRIBUTION
(4) BRUNSWICK DOWNTOWN ASSOCIATION
PO BOX 15 BRUNSWICK, ME 04011 75-3131242 501(C)(3) 10,000. CONTRIBUTION
(5) COASTAL TRANSPORTATION
46 SUMMER ST. ROCKLAND, ME 04841 22-2571406 501(C)(3) 10,000. CONTRIBUTION
(6) TOWN OF HARPSWELL
PO BOX 39 HARPSWELL, ME 04079 99-9999999 GOV'T 8,800. CONTRIBUTION
(7)
(8)
(9)
(10)
(11)
(12)
mmmmmmmmmmmmmmmmm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mI
2 Enter total number of section 501(c)(3) and government organizations listed in the line 1 table 5.
3 Enter total number of other organizations listed in the line 1 table
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
I Schedule I (Form 990) (2011)
1.
JSA
8835BZ 2219
1E1288 1.000
V 11-6.5 2656406 PAGE 49
Schedule I (Form 990) (2011) Page 2
Part III Grants and Other Assistance to Individuals in the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
(a) Type of grant or assistance (b) Number of (c) Amount of (d) Amount of (e) Method of valuation (book, (f) Description of non-cash assistance
recipients cash grant non-cash assistance FMV, appraisal, other)
1 FINANCIAL AID FOR UNDERGRADUATE STUDENTS 817. 27,647,000.
2 STUDENT RESEARCH FELLOWSHIPS 404. 1,094,000.
3 GRAD. STUDENT FINANCIAL AID & POST GRAD. AWARDS 71. 425,000.
4 ACADEMIC ACHIEVEMENT & OTHER STUDENT AWARDS 206. 147,000.
7
Part IV Supplemental Information. Complete this part to provide the information required in Part I, line 2, and any other additional information.
MONITOR THE USE OF GRANT FUNDS
PART I, LINE 2
GRANTS TO ORGANIZATIONS IN THE U.S.
THE ALLOCATION OF GRANTS AND OTHER ASSISTANCE TO LOCAL ORGANIZATIONS AND
MUNICIPALITIES IS DETERMINED ON AN ANNUAL BASIS BY THE SENIOR VICE
PRESIDENT OF DEVELOPMENT AND ALUMNI RELATIONS AND SENIOR VICE PRESIDENT
FOR FINANCE AND ADMINISTRATION & TREASURER.
GRANTS TO INDIVIDUALS IN THE U.S.
ELIGIBILITY FOR BOWDOIN GRANT ASSISTANCE IS "NEED BASED," DETERMINED
Schedule I (Form 990) (2011)
JSA
1E1504 2.000
8835BZ 2219 V 11-6.5 2656406 PAGE 50
Schedule I (Form 990) (2011) Page 2
Part III Grants and Other Assistance to Individuals in the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
(a) Type of grant or assistance (b) Number of (c) Amount of (d) Amount of (e) Method of valuation (book, (f) Description of non-cash assistance
recipients cash grant non-cash assistance FMV, appraisal, other)
7
Part IV Supplemental Information. Complete this part to provide the information required in Part I, line 2, and any other additional information.
THROUGH ANALYSIS OF INCOME, ASSET AND TAX INFORMATION SUBMITTED ON THE
COLLEGE SCHOLARSHIP SERVICE/FINANCIAL AID PROFILE, FEDERAL FAFSA AND
FEDERAL INCOME TAX RETURNS. EXCEPT FOR NATIONAL MERIT SCHOLARSHIPS, THE
COLLEGE DOES NOT OFFER MERIT BASED SCHOLARSHIPS. THE COLLEGE MAINTAINS A
FINANCIAL AID OFFICE TO ENSURE THAT AWARDS ARE IN COMPLIANCE WITH
ESTABLISHED POLICIES AND PROCEDURES.
Schedule I (Form 990) (2011)
JSA
1E1504 2.000
8835BZ 2219 V 11-6.5 2656406 PAGE 51
SCHEDULE J Compensation Information OMB No. 1545-0047
For certain Officers, Directors, Trustees, Key Employees, and Highest
(Form 990)
I
Compensated Employees
Complete if the organization answered "Yes" to Form 990,
À¾µµ
Open to Public
I I
Department of the Treasury Part IV, line 23.
Internal Revenue Service Attach to Form 990. See separate instructions. Inspection
Part I Questions Regarding Compensation
Yes No
1a Check the appropriate box(es) if the organization provided any of the following to or for a person listed in Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
X First-class or charter travel X Housing allowance or residence for personal use
Travel for companions Payments for business use of personal residence
X Tax indemnification and gross-up payments Health or social club dues or initiation fees
Discretionary spending account Personal services (e.g., maid, chauffeur, chef)
b If any of the boxes on line 1a are checked, did the organization follow a written policy regarding payment
2
explain mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
or reimbursement or provision of all of the expenses described above? If "No," complete Part III to
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all officers,
1b X
mmmmmmmmmmm
directors, trustees, and the CEO/Executive Director, regarding the items checked in line 1a? 2 X
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. Explain in Part III.
X Compensation committee W ritten employment contract
Independent compensation consultant X Compensation survey or study
Form 990 of other organizations X Approval by the board or compensation committee
4 During the year, did any person listed in Form 990, Part VII, Section A, line 1a, with respect to the filing
organization or a related organization:
a Receive a severance payment or change-of-control payment? mmmmmmmmmmmmmmmmmmmmmmmmmmmm 4a X
mmmmmmmmmmmmmm
b Participate in, or receive payment from, a supplemental nonqualified retirement plan? 4b X
mmmmmmmmmmmmmmm
c Participate in, or receive payment from, an equity-based compensation arrangement?
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
4c X
Only section 501(c)(3) and 501(c)(4) organizations must complete lines 5-9.
5 For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a The organization? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 5a X
b Any related organization?mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
If "Yes" to line 5a or 5b, describe in Part III.
5b X
6 For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a The organization? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 6a X
b Any related organization?mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
If "Yes" to line 6a or 6b, describe in Part III.
6b X
7 For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
8
payments not described in lines 5 and 6? If "Yes," describe in Part IIImmmmmmmmmmmmmmmmmmmmmmmm
Were any amounts reported in Form 990, Part VII, paid or accrued pursuant to a contract that was subject
7 X
to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 8 X
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
9 If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in
Regulations section 53.4958-6(c)? 9
For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule J (Form 990) 2011
JSA
1E1290 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 52

Schedule J (Form 990) 2011 Page 2

Part II Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that
individual.
(B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and (D) Nontaxable (E) Total of columns (F) Compensation
other deferred benefits (B)(i)-(D) reported as deferred in
(A) Name (i) Base (ii) Bonus & incentive (iii) Other
compensation prior Form 990
compensation compensation reportable
compensation
(i) 398,463. 0 12,564. 39,121. 49,676. 499,824. 0

1 BARRY MILLS (ii) 0 0 0 0 0 0 0
(i) 248,184. 0 3,696. 38,515. 23,108. 313,503. 0
2 S. CATHERINE LONGLEY (ii) 0 0 0 0 0 0 0
(i) 247,384. 50,000. 169,452. 55,183. 30,292. 552,311. 0
3 WILLIAM A. TORREY, III (ii) 0 0 0 0 0 0 0
(i) 515,179. 300,000. 4,127. 37,498. 16,882. 873,686. 0
4 PAULA VOLENT (ii) 0 0 0 0 0 0 0
(i) 216,217. 0 2,030. 31,743. 23,409. 273,399. 0
5 CRISTLE COLLINS JUDD (ii) 0 0 0 0 0 0 0
(i) 171,002. 0 1,527. 25,997. 17,068. 215,594. 0
6 MITCHEL DAVIS (ii) 0 0 0 0 0 0 0
(i) 170,448. 0 539. 22,719. 19,531. 213,237. 0
7 TIMOTHY FOSTER (ii) 0 0 0 0 0 0 0
(i) 178,931. 0 7,000. 26,785. 8,560. 221,276. 0
8 SCOTT MEIKLEJOHN (ii) 0 0 0 0 0 0 0
(i) 172,722. 0 2,603. 25,903. 9,036. 210,264. 0
9 CRAIG MCEWEN (ii) 0 0 0 0 0 0 0
(i) 168,342. 0 2,051. 25,924. 34,231. 230,548. 0
1 0 PATSY DICKINSON (ii) 0 0 0 0 0 0 0
(i) 160,888. 0 2,402. 24,383. 16,712. 204,385. 0
1 1 ALLEN WELLS (ii) 0 0 0 0 0 0 0
(i) 169,882. 0 1,572. 26,560. 29,184. 227,198. 0
1 2 RANDOLPH SHAW (ii) 0 0 0 0 0 0 0
(i) 160,735. 0 3,235. 22,629. 20,115. 206,714. 0
1 3 MARK WETHLI (ii) 0 0 0 0 0 0 0
(i)
14 (ii)
(i)
15 (ii)
(i)
16 (ii)
Schedule J (Form 990) 2011
JSA
1E1291 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 53

Part III Supplemental Information
Complete this part to 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.
BENEFITS
PART I, LINE 1A
AIR TRAVEL:
ACCORDING TO COLLEGE POLICY, AIR TRAVEL IS GENERALLY REIMBURSED FOR COACH
FARE ONLY. IN SPECIAL CASES INVOLVING LONG-DISTANCE TRAVEL, PREMIUM FARES
ARE AN APPROPRIATE, REIMBURSABLE EXPENSE. THE TYPES OF INDIVIDUALS WOULD
BE ANY EMPLOYEE (INCLUDING OFFICERS AND KEY EMPLOYEES) ON AN OVERNIGHT
FLIGHT EXCEEDING 5 HOURS AND OTHER FLIGHTS EXCEEDING 7 HOURS. THE BENEFIT
IS NOT INCLUDED IN TAXABLE COMPENSATION.
GROSS-UP PAYMENTS:
THE COLLEGE'S HEALTH PLAN OFFERS COVERAGE TO DOMESTIC PARTNERS OF
EMPLOYEES. FEDERAL LAW PRECLUDES EMPLOYEES FROM PAYING FOR A DOMESTIC
PARTNER'S INSURANCE WITH PRE-TAX DOLLARS. IN ADDITION, THE COLLEGE
PORTION OF HEALTH INSURANCE PAYMENTS FOR THE DOMESTIC PARTNER IS TAXED AS
IMPUTED INCOME TO THE EMPLOYEE. THE COLLEGE GROSSES UP EMPLOYEES OPTING
FOR DOMESTIC PARTNER COVERAGE.
HOUSING ALLOWANCE:
JSA
1E1505 3.000
8835BZ 2219 V 11-6.5 2656406 PAGE 54

Part III Supplemental Information
Complete this part to 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.
THE COLLEGE REQUIRES THE PRESIDENT TO LIVE ON CAMPUS IN COLLEGE-PROVIDED
HOUSING. THE VALUE OF THE BENEFIT IS INCLUDED IN PART II, COLUMN D FOR
BARRY MILLS.
SEVERANCE OR CHANGE OF CONTROL PAYMENTS
PART I, LINE 4A
WILLIAM TORREY RECEIVED SUPPLEMENTAL WAGES IN THE AMOUNT OF $162,308.
NON-FIXED PAYMENTS
PART I, LINE 7
A KEY EMPLOYEE IN THE INVESTMENT OFFICE HAS AN INCENTIVE
PERFORMANCE-RELATED BONUS BASED IN PART ON THE INVESTMENT PERFORMANCE OF
THE BOWDOIN COLLEGE ENDOWMENT.
COMPENSATION
PART II
A PORTION OF THE COMPENSATION AMOUNT REPORTED FOR PATSY DICKINSON IS
ATTRIBUTABLE TO SUPPLEMENTAL SALARY EARNED ON EXTERNALLY FUNDED RESEARCH
AWARDS.
JSA
1E1505 3.000
8835BZ 2219 V 11-6.5 2656406 PAGE 55
.
SCHEDULE K Supplemental Information on Tax-Exempt Bonds OMB No. 1545-0047
(Form 990)
I Complete if the organization answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions,
explanations, and any additional information in Part VI.
À¾µµ
Open to Public
I Attach to Form 990. I See separate instructions. Inspection
Part I Bond Issues
(h) On (i) Pooled
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased behalf of financing
issuer
Yes No Yes No Yes No
A MAINE HHEFA 01-0314384 560425W30 03/24/2008 20,700,000. REFUND S2007 ISSUE 06/06/07 X X X
B MAINE HHEFA 01-0314384 5604253P3 05/14/2009 97,207,250. REFUNDING/CONSTRUCTION-SEE PART V X X X
D
Part II Proceeds
A B C D
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
1 Amount of bonds retired
2 Amount of bonds legally defeased
20,700,000. 97,207,250.
3 Total proceeds of issue
4 Gross proceeds in reserve funds
463,166.
5 Capitalized interest from proceeds
20,500,000. 92,368,655.
6 Proceeds in refunding escrows
200,000. 875,830.
7 Issuance costs from proceeds
8 Credit enhancement from proceeds
9 Working capital expenditures from proceeds
3,499,599.
10 Capital expenditures from proceeds
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
11 Other spent proceeds
12 Other unspent proceeds
13 Year of substantial completion 2009 2012
Yes No Yes No Yes No Yes No
mmmmmmmmmmmmmmmm X X
mmmmmmmmmmmmmmm
14 Were the bonds issued as part of a current refunding issue?
X X
15 Were the bonds issued as part of an advance refunding issue?
X X
mmmmm
16 Has the final allocation of proceeds been made?
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? X X
Part III Private Business Use
A B C D
1 Was the organization a partner in a partnership, or a member of an LLC, which owned Yes No Yes No Yes No Yes No
property financed by tax-exempt bonds? mmmmmmmmmmmmmmmmmmmmmmmmmmm X
2 Are there any lease arrangements that may result in private business use of bond-financed property?
X
X
X
For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule K (Form 990) 2011
JSA
1E1295 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 56
Schedule K (Form 990) 2011 Page 2
Part III Private Business Use (Continued) .
A B C D
use of bond-financed property? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
3 a Are there any management or service contracts that may result in private business
X X
mmmmmmmmm
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel
to review any management or service contracts relating to the financed property?
c Are there any research agreements that may result in private business use of bond-
financed property? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other
X X
mm
outside counsel to review any research agreements relating to the financed property?
mmmmmmm
Enter the percentage of financed property used in a private business use by entities
4
I
other than a section 501(c)(3) organization or a state or local government .0100 % .6100 % % %
5 Enter the percentage of financed property used in a private business use as a
mmmmmmmmm
result of unrelated trade or business activity carried on by your organization,
I
another section 501(c)(3) organization, or a state or local government .1600 % .4000 % % %
6 Total of lines 4 and 5 mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm .1700 % 1.0100 % % %
mmmmmmmmmm
7 Has the organization adopted management practices and procedures to
ensure the post-issuance compliance of its tax-exempt bond liabilities? X X
Part IV Arbitrage
A B C D
mmmmmmmmmmmmmmm
1 Has a Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of
Arbitrage Rebate, been filed with respect to the bond issue? X X
2 mmmmmmmmmmmmmmmmmmmmmmmmmmm
Is the bond issue a variable rate issue? X X
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
3 a Has the organization or the governmental issuer entered into a qualified hedge with
respect to the bond issue? X X
b Name of provider
c Term of hedge
d Was the hedge superintegrated?
e Was the hedge terminated? mmmmmmmmmmmmmmmmmmmmmmmmmm
mm
mm
mm
mm
mm
mm
mm
m
4 a Were gross proceeds invested in a guaranteed investment contract (GIC)? X X
b Name of provider mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
c Term of GIC mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
mmmmmmmm
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied?
5 Were any gross proceeds invested beyond an available temporary period? X X
mmmmmmmmmmmmmmmmmmm
6 Did the bond issue qualify for an exception to rebate? X X
Part V Procedures To Undertake Corrective Action
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Check the box if 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 Yes No
Part VI Supplemental Information. Complete this part to provide additional information for responses to questions on Schedule K (see instructions).
SEE SCHEDULE O
JSA
1E1296 1.000 Schedule K (Form 990) 2011
8835BZ 2219 V 11-6.5 2656406 PAGE 57
SCHEDULE L OMB No. 1545-0047
Transactions With Interested Persons
I
Complete if the organization answered
"Yes" on Form 990, Part IV, line 25a, 25b, 26, 27, 28a, 28b, or 28c,
À¾µµ
Open To Public
I I
Department of the Treasury or Form 990-EZ, Part V, line 38a or 40b.
Part I Excess Benefit Transactions (section 501(c)(3) and section 501(c)(4) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
(c) Corrected?
1 (a) Name of disqualified person (b) Description of transaction
Yes No
(1)
(2)
(3)
(4)
(5)
(6)
2 Enter the amount of tax imposed on the organization managers or disqualified persons during the year
under section 4958 mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmI $
3 mmmmmmmmmmmmmmI
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization $
Part II Loans to and/or From Interested Persons.

Complete if the organization answered "Yes" on Form 990, Part IV, line 26, or Form 990-EZ, Part V, line 38a.
(a) Name of interested person and purpose (b) Loan to or from (c) Original (d) Balance due (e) In default? (f) Approved (g) Written
the organization? principal amount by board or agreement?
committee?
To From Yes No Yes No Yes No

(1) SEE PART V X 868. 434. X X X
(2) SEE PART V X 3,361. 1,394. X X X
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Total mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmI $ 1,828.
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 (c) Amount and type of assistance
organization
(1) N/A N/A 5,026. SCHOLARSHIP

(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule L (Form 990 or 990-EZ) 2011
JSA
1E1297 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 58
Schedule L (Form 990 or 990-EZ) 2011 Page 2

Part IV Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between (c) Amount of (d) Description of transaction (e) Sharing of
interested person and the transaction organization's
organization revenues?
Yes No
(1) MAINE EMPLOYERS MUTUAL INSURANCE BOARD MEMBER - C. LONGLEY 330,818. BOARD MEMBER AT ME EMPLOYERS X
(2) UNITED EDUCATORS BOARD MEMBER - C. LONGLEY 240,744. BOARD MEMBER AT UNITED EDUC. X
(3) PAMELA TORREY KEY EMPLOYEE - W. TORREY 175,000. COLLEGE EMPLOYEE FAMILY MEMBER X
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Complete this part to provide additional information for responses to questions on Schedule L (see instructions).
LOANS TO INTERESTED PERSONS
PART II
THE COLLEGE OFFERS A LOAN PROGRAM TO REGULAR FULL-TIME AND PART-TIME
EMPLOYEES FOR UP TO 95% OF THE COST OF COMPUTER EQUIPMENT PURCHASED FOR
PERSONAL USE. ALL EMPLOYEES MUST BE PRE-APPROVED FOR A COMPUTER LOAN BY
THE HUMAN RESOURCES DEPARTMENT. MONTHLY LOAN REPAYMENTS ARE MADE OVER A
MAXIMUM LOAN PERIOD OF THREE YEARS.
NAMES OF INTERESTED PERSON ARE AVAILABLE UPON IRS REQUEST
LINE (1)(A): KEY EMPLOYEE
LINE (2)(A): KEY EMPLOYEE
BUSINESS TRANSACTIONS WITH INTERESTED PERSONS, PART IV
RELATIONSHIP BETWEEN INTERESTED PERSON AND THE ORGANIZATION
LINE (1)(B): AN ENTITY OF WHICH S. CATHERINE LONGLEY OF BOWDOIN COLLEGE
SERVES AS A BOARD MEMBER.
LINE (2)(B): AN ENTITY OF WHICH S. CATHERINE LONGLEY OF BOWDOIN COLLEGE
SERVES AS AN ADVISORY BOARD MEMBER.
JSA
1E1507 2.000
Schedule L (Form 990 or 990-EZ) 2011
8835BZ 2219 V 11-6.5 2656406 PAGE 59
Schedule L (Form 990 or 990-EZ) 2011 Page 2

Part IV Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between (c) Amount of (d) Description of transaction (e) Sharing of
interested person and the transaction organization's
organization revenues?
Yes No
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Complete this part to provide additional information for responses to questions on Schedule L (see instructions).
LINE (3)(B): FAMILY MEMBER OF KEY EMPLOYEE.
DESCRIPTION OF TRANSACTION
LINE (1)(D): S. CATHERINE LONGLEY IS A BOARD MEMBER OF AN INSURANCE
COMPANY TO WHICH BOWDOIN PAID PREMIUMS.
LINE (2)(D): S. CATHERINE LONGLEY IS AN ADVISORY BOARD MEMBER OF AN
INSURANCE COMPANY TO WHICH BOWDOIN PAID PREMIUMS.
LINE (3)(D): PAMELA TORREY IS EMPLOYED BY THE COLLEGE. HER COMPENSATION
IS SET BY THE PRESIDENT.
JSA
1E1507 2.000
Schedule L (Form 990 or 990-EZ) 2011
8835BZ 2219 V 11-6.5 2656406 PAGE 60
OMB No. 1545-0047
SCHEDULE M
Noncash Contributions
(Form 990)
I Complete if the organizations answered "Yes" on Form À¾µµ
990, Part IV, lines 29 or 30. Open To Public
IAttach to Form 990. Inspection
Part I Types of Property
(a) (b) (c) (d)
Noncash contribution
Check if Number of contributions or Method of determining
amounts reported on
applicable items contributed noncash contribution amounts
Form 990, Part VIII, line 1g
1 mmmmmmmmmm
Art - Works of art X 3,574. 0
2 mmmmmm
Art - Historical treasures
3 mmmmmm
Art - Fractional interests
4 mmmmmm
Books and publications X 0
5 Clothing and household
goods mmmmmmmmmmmmmmmm
6 mmmmmm
Cars and other vehicles
7 mmmmmmmmmm
Boats and planes
8 mmmmmmmm
Intellectual property
9 mmmm
Securities - Publicly traded X 106. 1,621,000. SEE PART II
10 mmm
Securities - Closely held stock
11 Securities - Partnership, LLC,
mmmmmmmmmm
or trust interests
12 mmmmm
Securities - Miscellaneous
13 Qualified conservation
contribution - Historic
structures mmmmmmmmmmmmm
14 Qualified conservation
contribution - Othermmmmmmmm
15 mmmmmm
Real estate - Residential
16 mmmmm
Real estate - Commercial
17 Real estate - Othermmmmmmmmm
18 Collectibles mmmmmmmmmmmmm
19 Food inventory mmmmmmmmmmm
20 mmmm
Drugs and medical supplies
21 Taxidermy mmmmmmmmmmmmm
22 mmmmmmmmm
Historical artifacts
23 Scientific specimensmmmmmmmm
24 mmmmmmm
Archeological artifacts
25 I
Other ( ATCH 1 ) 5. 0
26 Other ( I )
27 Other ( I )
28 Other ( I )
mmmmmmmmm
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 16.
Yes No
3 0 a During the year, did the organization receive by contribution any property reported in Part I, lines 1-28 that
it must hold for at least three years from the date of the initial contribution, and which is not required to be
used for exempt purposes for the entire holding period?
b If "Yes," describe the arrangement in Part II.
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 3 0a X
3 1 Does the organization have a gift acceptance policy that requires the review of any non-standard
contributions? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
3 2 a Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash
31 X
contributions? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
b If "Yes," describe in Part II.
3 2a X
3 3 If the organization did not 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. Schedule M (Form 990) (2011)
JSA
1E1298 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 61
Schedule M (Form 990) (2011) Page 2
Part II Supplemental Information. Complete this part to provide the information required by Part I, lines 30b, 32b,
and 33. Also complete this part for any additional information.
CONTRIBUTIONS
PART I, COLUMN (B)
THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED.
NON-CASH CONTRIBUTIONS
PART I, LINE 9
96 OUTRIGHT GIFTS OF PUBLICLY TRADED SECURITIES WERE VALUED AT FAIR
MARKET VALUE. 10 PLANNED GIFTS WERE VALUED AT NET PRESENT VALUE.
ART - WORKS OF ART
PART I, LINE 33
THE COLLEGE DOES NOT RECOGNIZE REVENUE FOR CONTRIBUTIONS OF ART OBJECTS
OR BOOKS AND PUBLICATIONS.
JSA Schedule M (Form 990) (2011)
1E1508 2.000
8835BZ 2219 V 11-6.5 2656406 PAGE 62
Schedule M (Form 990) (2011) Page 2
Part II Supplemental Information. Complete this part to provide the information required by Part I, lines 30b, 32b,
and 33. Also complete this part for any additional information.
ATTACHMENT 1
SCHEDULE M, PART I - OTHER NONCASH CONTRIBUTIONS
(B) NUMBER OF (C) REVENUES (D) METHOD OF

DESCRIPTION (A) CHECK CONTRIBUTIONS REPORTED DETERMINING
MUSICAL INSTRUMENT X 2. 0
EQUIPMENT X 3. 0
TOTALS 5. 0
JSA Schedule M (Form 990) (2011)
1E1508 2.000
8835BZ 2219 V 11-6.5 2656406 PAGE 63
OMB No. 1545-0047
SCHEDULE O
Supplemental Information to Form 990 or 990-EZ
Complete to provide information for responses to specific questions on À¾µµ
Form 990 or 990-EZ or to provide any additional information. Open to Public
I
Attach to Form 990 or 990-EZ. Inspection
ORGANIZATION'S MISSION
CORE FORM 990, PART III, LINE 1
IT IS THE MISSION OF THE COLLEGE TO ENGAGE STUDENTS OF UNCOMMON PROMISE
IN AN INTENSE FULL-TIME EDUCATION OF THEIR MINDS, EXPLORATION OF THEIR
CREATIVE FACULTIES, AND DEVELOPMENT OF THEIR SOCIAL AND LEADERSHIP
ABILITIES IN A FOUR-YEAR COURSE OF STUDY AND RESIDENCE THAT CONCLUDES
WITH A BACCALAUREATE DEGREE IN THE LIBERAL ARTS.
FORM 990 REVIEW PROCESS
CORE FORM 990, PART VI, SECTION B, LINE 11B
A DRAFT OF THE FORM 990 IS REVIEWED BY BOWDOIN OFFICERS. FOLLOWING THESE
REVIEWS, A PUBLIC DISCLOSURE COPY OF THE FINAL DRAFT FORM 990 IS PROVIDED
TO THE FULL BOARD OF TRUSTEES. PRIOR TO FILING, A COPY OF THE FINAL DRAFT
SCHEDULE B IS PROVIDED TO THE CHAIRMAN OF THE BOARD, THE CHAIR OF THE
AUDIT COMMITTEE AND THE CHAIR OF THE DEVELOPMENT COMMITTEE. A COPY OF
SCHEDULE B IS ALSO MADE AVAILABLE TO ALL BOARD MEMBERS AT A REGULARLY
SCHEDULED MEETING OF THE BOARD OF TRUSTEES PRIOR TO FILING.
CONFLICT OF INTEREST POLICY
CORE FORM 990, PART VI, SECTION B, LINE 12C
THE COLLEGE SURVEYS ANNUALLY ALL MEMBERS OF THE BOARD, ALL OFFICERS OF
INSTRUCTION, AND ALL OFFICERS OF ADMINISTRATION AS TO POTENTIAL CONFLICTS
OF INTEREST. THE RESULTS OF THE SURVEY ARE REPORTED TO THE AUDIT
COMMITTEE AND TO THE BOARD OF TRUSTEES. APPROPRIATE ACTIONS ARE TAKEN
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule O (Form 990 or 990-EZ) (2011)
JSA
1E1227 2.000
8835BZ 2219 V 11-6.5 2656406 PAGE 64
Schedule O (Form 990 or 990-EZ) 2011 Page 2
WHERE REQUIRED.
COMPENSATION POLICY
CORE FORM 990, PART VI, SECTION B, LINE 15
IN ACCORDANCE WITH TREASURY REGULATION §53.4958-6 THE EXECUTIVE COMMITTEE
OF THE BOARD OF TRUSTEES, ACTING AS A COMPENSATION COMMITTEE, ANNUALLY
REVIEWS AND APPROVES THE COMPENSATION OF THE PRESIDENT AND SENIOR
MANAGEMENT OFFICIALS. IN ALL CASES, THE EXECUTIVE COMMITTEE CONSIDERS
COMPENSATION SURVEYS AND COMPETITIVE MARKET DATA. FOR SENIOR MANAGEMENT,
THE PRESIDENT PROVIDES THE EXECUTIVE COMMITTEE WITH RECOMMENDED CHANGES
TO COMPENSATION LEVELS. THE EXECUTIVE COMMITTEE DOCUMENTS SUCH DECISIONS
IN ITS MINUTES WHERE APPROPRIATE.
PUBLIC DISCLOSURE
CORE FORM 990, PART VI, SECTION B, LINE 19
THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST
POLICY, FORM 990, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON
REQUEST.
OTHER CHANGES IN NET ASSETS
CORE FORM 990, PART XI, LINE 5
NET UNREALIZED LOSS ON INVESTMENTS ($15,938,000)
POSTRETIREMENT-RELATED CHANGES OTHER THAN NET PERIODIC COST ($1,806,000)
TOTAL ($22,539,000)
JSA Schedule O (Form 990 or 990-EZ) 2011
1E1228 2.000
8835BZ 2219 V 11-6.5 2656406 PAGE 65
Schedule O (Form 990 or 990-EZ) 2011 Page 2
TAX-EXEMPT BONDS
SCHEDULE K
DESCRIPTION OF PURPOSE, PART I, LINE B, COLUMN F: REFUND PRIOR BOND
ISSUES 1995B ISSUED 7/25/95, 1998A ISSUED 3/18/98, 1998C ISSUED 11/19/98,
2001C ISSUED 5/15/01, 2003B ISSUED 7/24/04, 2005A ISSUED 8/17/05, 2006B
ISSUED 4/6/06
ATTACHMENT 1
990, PART VII- COMPENSATION OF THE FIVE HIGHEST PAID IND. CONTRACTORS
NAME AND ADDRESS DESCRIPTION OF SERVICES COMPENSATION
EBSCO LIBRARY RESOURCES 549,000.

PO BOX 830625
BIRMINGHAM, AL 35283
ANTHEM BLUE CROSS BLUE SHIELD BENEFIT PLAN ADMIN 533,000.

3350 PEACHTREE ROAD NE
ATLANTA, GA 30326
LYRASIS LIBRARY RESOURCES 478,000.

P.O. BOX 116179
ATLANTA, GA 30368-6179
YBP LIBRARY SERVICES LIBRARY RESOURCES 282,000.

PO BOX 277991
ATLANTA, GA 30384
PENMOR, INC. PRINTING 270,000.

8 LEXINGTON ST
LEWISTON, ME 04240
TOTAL COMPENSATION 2,112,000.
JSA Schedule O (Form 990 or 990-EZ) 2011
1E1228 2.000
8835BZ 2219 V 11-6.5 2656406 PAGE 66
OMB No. 1545-0047
SCHEDULE R Related Organizations and Unrelated Partnerships
(Form 990)
À¾µµ
I Complete if the organization answered "Yes" to Form 990, Part IV, line 33, 34, 35, 36, or 37.
I I
Department of the Treasury Open to Public
Internal Revenue Service Attach to Form 990. See separate instructions. Inspection
Part I Identification of Disregarded Entities (Complete if the organization answered "Yes" to Form 990, Part IV, line 33.)
(a) (b) (c) (d) (e) (f)
Name, address, and EIN of disregarded entity Primary activity Legal domicile (state Total income End-of-year assets Direct controlling
or foreign country) entity
(1) POLAR BEAR INVESTMENTS, LLC 04-3375078
5400 COLLEGE STATION BRUNSWICK, ME 04011 INVESTMENTS ME -608,621. 61,047,430. N/A
(2)
(3)
(4)
(5)
(6)
Identification of Related Tax-Exempt Organizations (Complete if the organization answered "Yes" to Form 990, Part IV, line 34 because it had
Part II one or more related tax-exempt organizations during the tax year.)
(a) (b) (c) (d) (e) (f) (g)
Name, address, and EIN of related organization Primary activity Legal domicile (state Exempt Code section Public charity status Direct controlling Section 512(b)(13)
controlled
or foreign country) (if section 501(c)(3)) entity entity?
Yes No
(1) BOWDOIN COLLEGE TRUST 13-6098631
JP MORGAN CHASE BANK, CHICAGO, IL 60606-2300 INVESTING ME 501(C)(3) III-O N/A X
(2) E.L. TRUST 04-6093554
BNY MELLON, NA - PO BOX 185 PITTSBURGH, PA 15230-0185 INVESTING PA 4947(A)(1) PF N/A X
(3) J.F.P. CHARITABLE TRUST 05-6007859
P.O. BOX 1802 PROVIDENCE, RI 02901-1802 INVESTING RI 501(C)(3) PF N/A X
(4) A.W. TRUST 04-6024611
P.O. BOX 1802 PROVIDENCE, RI 02901-1802 INVESTING MA 4947(A)(1) PF N/A X
(5)
(6)
(7)
For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule R (Form 990) 2011
JSA
1E1307 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 67
Schedule R (Form 990) 2011 Page 2

Part III Identification of Related Organizations Taxable as a Partnership (Complete if the organization answered "Yes" to Form 990, Part IV, line 34
because it had one or more related organizations treated as a partnership during the tax year.)
(a) (b) (c) (d) (e) (f) (g) (h) (i) (j) (k)
Name, address, and EIN Primary activity Legal Direct controlling Predominant Share of total Share of end-of-year Disproportionate Code V-UBI General or Percentage
of domicile entity income (related, income assets allocations? amount in box 20 managing ownership
unrelated,
related organization (state or excluded from of partner?
foreign tax under Schedule K-1
country) sections 512-514) (Form 1065)
Yes No Yes No
(1) TP PARTNERSHIP 55-0648835
P.O. BOX 770 ASHLAND, KY 41105 INVESTING KY N/A EXCLUDED 512,513,514 7. 112,506. X 0 X 56.0000
(2)
(3)
(4)
(5)
(6)
(7)
Part IV Identification of Related Organizations Taxable as a Corporation or Trust (Complete if the organization answered "Yes" to 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) (b) (c) (d) (e) (f) (g) (h)
Name, address, and EIN of related organization Primary activity Legal domicile Direct controlling Type of entity Share of total Share of Percentage
(state or entity (C corp, S corp, income end-of-year assets ownership
foreign country) or trust)
(1) CHARITABLE REMAINDER TRUSTS

SEE PART VII INVESTING N/A TRUST
(2)
(3)
(4)
(5)
(6)
(7)
Schedule R (Form 990) 2011

JSA
1E1308 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 68
Part V Transactions With Related Organizations (Complete if the organization answered "Yes" to Form 990, Part IV, line 34, 35, 35a, or 36.)
Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule. Yes No
1 During the tax year, did the organization 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 X
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
b Gift, grant, or capital contribution to related organization(s) 1b X
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
c Gift, grant, or capital contribution from related organization(s) 1c X
mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
d Loans or loan guarantees to or for related organization(s) 1d X
e Loans or loan guarantees by related organization(s) mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 1e X
f Sale of assets to related organization(s) mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 1f X

g mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Purchase of assets from related organization(s) 1g X
h mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Exchange of assets with related organization(s) 1h X
i mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Lease of facilities, equipment, or other assets to related organization(s) 1i X
j mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Lease of facilities, equipment, or other assets from related organization(s) 1j X
k mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Performance of services or membership or fundraising solicitations for related organization(s) 1k X
l mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Performance of services or membership or fundraising solicitations by related organization(s) 1l X
m mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) 1m X
n mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Sharing of paid employees with related organization(s) 1n X
o mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Reimbursement paid to related organization(s) for expenses 1o X
p mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Reimbursement paid by related organization(s) for expenses 1p X
q
r
mm
mm
mm
mm
mm
mm
mm
mm
Other transfer of cash or property to related organization(s)
mm
mm
Other transfer of cash or property from related organization(s)mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
mm
m
1q
1r X
X
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) (b) (c) (d)
Name of other organization Transaction Amount involved Method of determining
type (a–r) amount involved
(1) BOWDOIN COLLEGE TRUST R 114,583. FMV
(2) E.L. TRUST R 210,000. FMV
(3) J.F.P. CHARITABLE TRUST R 80,155. FMV
(4) A. W. TRUST R 64,665. FMV
(5)
(6)
JSA Schedule R (Form 990) 2011
1E1309 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 69
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) (b) (c) (d) (e) (f) (g) (h) (i) (j) (k)
Legal domicile Predominant Are all partners Share of Disproportionate Code V-UBI General or
Name, address, and EIN of entity Primary activity Share of Percentage
(state or foreign income (related, section end-of-year allocations? amount in box 20 managing
total income ownership
country) 501(c)(3) assets of Schedule K-1 partner?
unrelated, excluded
organizations?
from tax under (Form 1065)
section 512-514) Yes No Yes No Yes No
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
(16)
JSA
1E1310 1.000
8835BZ 2219 V 11-6.5 2656406 PAGE 70


Part VII
Supplemental Information
Complete this part to provide additional information for responses to questions on Schedule R (see
instructions).
CHARITABLE REMAINDER TRUSTS DOMICILED
PART IV
THERE ARE 5 TRUSTS REPORTED IN PART IV. THEY ARE DOMICILED IN MAINE,
CONNECTICUT, AND MASSACHUSETTS.
1E1510 2.000
8835BZ 2219 V 11-6.5 2656406 PAGE 71

Bowdoin 2011 Form 990

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Bowdoin 2011 Form 990

Uploaded by

Copyright:

Available Formats

BOWDOIN COLLEGE

BOWDOIN COLLEGE 01-0215213

Part II Declaration of Officer

Date Check if Check if ERO's SSN or PTIN

8835BZ 2219 V 11-6.5 2656406 PAGE 1

Form ½½´ Return of Organization Exempt From Income Tax

A For the 2011 calendar year, or tax year beginning

C Name of organization D Employer identification number

Initial return 5400 COLLEGE STATION (207 ) 725-3804

9 Program service revenue (Part VIII, line 2g) 103,186,000.

Beginning of Current Year End of Year

Sign M Signature of officer Date

4 a (Code: ) (Expenses $ 144,322,000. including grants of $ 29,651,000. ) (Revenue $ 103,186,000. )

4 b (Code: ) (Expenses $ including grants of $ ) (Revenue $ )

4 c (Code: ) (Expenses $ including grants of $ ) (Revenue $ )

4 d Other program services (Describe in Schedule O.)

reportable gaming (gambling) winnings to prize winners? mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm X

a Gross income from members or shareholders mmmmmmmmmmmmmmmmmmmmmmmmmm

against amounts due or received from them.) mmmmmmmmmmmmmmmmmmmmmmmmmmm 1 1b

13 Section 501(c)(29) qualified nonprofit health insurance issuers.

(1) STEPHEN F. GORMLEY

( 15) DENNIS J. HUTCHINSON

( 26) TAMARA A. NIKURADSE

( 37) JAMES E. STALEY

( 48) WILLIAM A. TORREY, III

7a Gross amount from sales of

8a Gross income from fundraising

8835BZ 2219 V 11-6.5 2656406 PAGE 13

above (List miscellaneous expenses in line 24e. If

a PURCHASES FOR RESALE 3,984,000. 3,984,000.

8835BZ 2219 V 11-6.5 2656406 PAGE 14

employees, and highest compensated employees. Complete Part II of

7 Notes and loans receivable, net 6,454,000. 7 5,649,000.

2 2 Payables to current and former officers, directors, trustees, key

lines 27 through 29, and lines 33 and 34.

8835BZ 2219 V 11-6.5 2656406 PAGE 15

Part XII Financial Statements and Reporting

8835BZ 2219 V 11-6.5 2656406 PAGE 16

1 Gifts, grants, contributions, and

3 The value of services or facilities

Public support. Subtract line 5 from line 4.

9 Net income from unrelated business

10 Other income. Do not include gain or

received. (Do not include any "unusual grants.")

1 0 a Gross income from interest, dividends,

b Unrelated business taxable income (less

JSA Schedule A (Form 990 or 990-EZ) 2011

BOWDOIN COLLEGE 01-0215213

8835BZ 2219 V 11-6.5 2656406 PAGE 26

4-Year Averaging Period Under Section 501(h)

Lobbying Expenditures During 4-Year Averaging Period

2 a Lobbying nontaxable amount

b Lobbying ceiling amount

c Total lobbying expenditures

d Grassroots nontaxable amount

e Grassroots ceiling amount

f Grassroots lobbying expenditures

8835BZ 2219 V 11-6.5 2656406 PAGE 27

political expenses for w hich the section 527(f) tax w as paid).

PART II-B, LINE 1I

THE ORGANIZATION PAYS MEMBERSHIP DUES TO ORGANIZATIONS WHICH MAY ENGAGE

JSA Schedule C (Form 990 or 990-EZ) 2011

8835BZ 2219 V 11-6.5 2656406 PAGE 28

Schedule C (Form 990 or 990-EZ) 2011 Page 4