Instrumentl eFile Render
Object ID: 201821299349302197 - Rendered 2024-05-04
TIN: 02-0222111
Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
Attach to Form 990.
Information about Schedule J (Form 990) and its instructions is at
www.irs.gov/form990
.
OMB No. 1545-0047
20
16
Open to Public Inspection
Name of the organization
Trustees of Dartmouth College
Employer identification number
02-0222111
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
First-class or charter travel
Housing allowance or residence for personal use
Travel for companions
Payments for business use of personal residence
Tax idemnification 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 in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain
.........
1b
Yes
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked in line 1a?
..
2
Yes
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
Compensation committee
Written employment contract
Independent compensation consultant
Compensation survey or study
Form 990 of other organizations
Approval by the board or compensation committee
4
During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment?
.............
4a
Yes
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan?
.........
4b
Yes
c
Participate in, or receive payment from, an equity-based compensation arrangement?
.........
4c
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization?
....................
5a
Yes
b
Any related organization?
.......................
5b
No
If "Yes," on line 5a or 5b, describe in Part III.
6
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization?
..................
6a
No
b
Any related organization?
......................
6b
No
If "Yes," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III
............
7
Yes
8
Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III
..........................
8
No
9
If "Yes" on 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.
Cat. No. 50053T
Schedule J (Form 990) 2016
Schedule J (Form 990) 2016
Page
2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees.
Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note.
The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A)
Name and Title
(B)
Breakdown of W-2 and/or 1099-MISC compensation
(C)
Retirement and other deferred compensation
(D)
Nontaxable
benefits
(E)
Total of columns
(B)(i)-(D)
(F)
Compensation in column (B) reported as deferred on prior Form 990
(i)
Base
compensation
(ii)
Bonus & incentive
compensation
(iii)
Other
reportable compensation
1
Philip Hanlon
President
(i)
(ii)
968,386
-------------
0
0
-------------
0
134,912
-------------
0
183,850
-------------
0
61,587
-------------
0
1,348,735
-------------
0
80,000
-------------
0
2
Carolyn Dever
Provost
(i)
(ii)
715,618
-------------
0
0
-------------
0
0
-------------
0
23,850
-------------
0
69,155
-------------
0
808,623
-------------
0
0
-------------
0
3
Richard Mills
EVP
(i)
(ii)
642,879
-------------
0
0
-------------
0
124
-------------
0
23,850
-------------
0
15,337
-------------
0
682,190
-------------
0
0
-------------
0
4
Michael Wagner
CFO
(i)
(ii)
355,382
-------------
0
0
-------------
0
110
-------------
0
23,850
-------------
0
17,243
-------------
0
396,585
-------------
0
0
-------------
0
5
Duane Compton
Dean, Geisel
(i)
(ii)
352,463
-------------
0
150,000
-------------
0
0
-------------
0
23,173
-------------
0
10,543
-------------
0
536,179
-------------
0
0
-------------
0
6
Robert Donin
General Counsel
(i)
(ii)
499,789
-------------
0
0
-------------
0
297
-------------
0
23,850
-------------
0
6,669
-------------
0
530,605
-------------
0
0
-------------
0
7
Lisa Hogarty
VP Campus Services (thru 10/2016)
(i)
(ii)
295,825
-------------
0
0
-------------
0
29,811
-------------
0
23,850
-------------
0
9,098
-------------
0
358,584
-------------
0
0
-------------
0
8
Robert Lasher
Sr VP for Advancement
(i)
(ii)
497,415
-------------
0
119,543
-------------
0
0
-------------
0
23,850
-------------
0
5,870
-------------
0
646,678
-------------
0
0
-------------
0
9
Michael Mastanduno
Dean of Faculty
(i)
(ii)
412,831
-------------
0
0
-------------
0
297
-------------
0
23,850
-------------
0
16,071
-------------
0
453,049
-------------
0
0
-------------
0
10
Pamela Peedin
Chief Investment Officer(thru 03/17)
(i)
(ii)
574,708
-------------
0
873,800
-------------
0
1,159
-------------
0
23,850
-------------
0
0
-------------
0
1,473,517
-------------
0
0
-------------
0
11
Matthew Slaughter
Dean, Tuck School of Business
(i)
(ii)
784,554
-------------
0
0
-------------
0
14
-------------
0
23,850
-------------
0
11,884
-------------
0
820,302
-------------
0
0
-------------
0
12
Alan Green
Chair, Department of Psych
(i)
(ii)
659,536
-------------
0
0
-------------
0
143
-------------
0
23,850
-------------
0
8,008
-------------
0
691,537
-------------
0
0
-------------
0
13
Megan Hammond
Mng Director, Investment Office
(i)
(ii)
320,510
-------------
0
340,099
-------------
0
1,721
-------------
0
23,850
-------------
0
18,972
-------------
0
705,152
-------------
0
0
-------------
0
14
Kelsey Morgan
Deputy Chief Investment Officer
(i)
(ii)
302,940
-------------
0
354,889
-------------
0
1,159
-------------
0
18,550
-------------
0
14,724
-------------
0
692,262
-------------
0
0
-------------
0
15
Elizabeth Teisberg
Professor
(i)
(ii)
156,891
-------------
0
0
-------------
0
1,500,000
-------------
0
12,471
-------------
0
4,769
-------------
0
1,674,131
-------------
0
0
-------------
0
16
Michael Sullivan
Mng Director, Investment Office
(i)
(ii)
309,549
-------------
0
346,188
-------------
0
1,159
-------------
0
23,850
-------------
0
14,119
-------------
0
694,865
-------------
0
0
-------------
0
17
Martin Wybourne
Sr. VP Rsrch; Fm Interim Prov
(i)
(ii)
381,868
-------------
0
0
-------------
0
550
-------------
0
23,850
-------------
0
4,841
-------------
0
411,109
-------------
0
0
-------------
0
18
Ann Root Keith
COO Adv; Fmr Interim VP Dev
(i)
(ii)
272,165
-------------
0
15,000
-------------
0
7,611
-------------
0
23,850
-------------
0
15,145
-------------
0
333,771
-------------
0
0
-------------
0
19
Richard Freeman Jr
Fmr Chair,Dept of Surgery
(i)
(ii)
57,401
-------------
0
0
-------------
0
771,988
-------------
0
4,828
-------------
0
0
-------------
0
834,217
-------------
0
0
-------------
0
20
Wiley Souba
Prof & Fmr Dean,Geisel
(i)
(ii)
382,411
-------------
0
0
-------------
0
0
-------------
0
23,850
-------------
0
11,697
-------------
0
417,958
-------------
0
0
-------------
0
Schedule J (Form 990) 2016
Schedule J (Form 990) 2016
Page
3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
Return Reference
Explanation
Part I, Line 1a
First-class travel Dartmouth travel policy allows for first or business class air travel for business purposes in limited circumstances. Consistent with this policy, on infrequent occasions senior officers flew first class with the President's approval. The lack of a major commercial airport within 80 miles of Dartmouth requires use of charter air travel to fulfill the business travel requirements of the President. For this reason, the President and certain senior officers had access for business purposes to charter flight service, the cost of which was fully defrayed by private donations designated for this purpose. Travel for companions The President's wife, who is also an employee of Dartmouth, traveled with him for business purposes including participating in alumni events and meetings with key constituent donors on Dartmouth's behalf. Tax indemnification and gross-up payments During calendar 2016, Dartmouth elected to pay the tax obligations that arose from certain compensation transactions for four individuals. These payments were treated as taxable compensation. Housing Allowance or residence for personal use Dartmouth provided housing for the President and Provost. These arrangements were for Dartmouth's convenience and a condition of employment and therefore were not taxable to the individuals. Personal Services Dartmouth provided housekeeping services for cleaning and maintaining the President's house. The value of services provided for personal living space was recognized as imputed income to the President.
Part I, Lines 4a-b
Participate in or receive payments from Nonqualified Retirement Plans Dartmouth provided the President with a nonqualified 457(f) supplemental retirement plan. The Plan provided for annual credits to the plan subject to vesting requirements based on continuation of employment through set dates. The President received $120,000, and accrued $160,000 relative to the Plan during the calendar year 2016. $80,000 of the deferred compensation received had been reported in prior years, as reflected in Column F. Received a severance payment or change of control payment: Elizabeth Teisberg retired from her position as a professor at the Geisel School of Medicine, effective June 30, 2016. She received a severance payment in the amount of $1,500,000 during the calendar year 2016. Richard Freeman resigned from his position as Chair of the Department of Surgery and professor at the Geisel School of Medicine, effective December 31, 2015. He received a severance payment in the amount of $771,988 during the calendar year 2016.
Part I, Line 5
A portion of the incentive bonus for investment office employees is based on meeting certain return targets. A portion of the performance bonus for the Sr. VP of Advancement is based on achieving certain advancement goals.
Part I, Line 7
Duane Compton, Interim Dean of Geisel School of Medicine, received a performance bonus of $150,000 during calendar year 2016. Robert Lasher, Senior Vice President for Advancement, received a performance bonus of $119,543 during calendar year 2016. Ann Root Keith, COO of Advancement and former Interim VP of Development, received a performance bonus of $15,000 during calendar year 2016. Pamela Peedin, Chief Investment Officer, received incentive compensation of $873,800 during calendar year 2016. Kelsey Morgan, Deputy Chief Investment Officer, received incentive compensation of $354,889 during calendar year 2016. Megan Hammond, Managing Director in the Investment Office, received incentive compensation of $340,099 during calendar year 2016. Michael Sullivan, Managing Director in the Investment Office, received incentive compensation of $346,188 during calendar year 2016.
Schedule J (Form 990) 2016
Additional Data
Software ID:
Software Version: