SCHEDULE M
(Form 990)

Department of the Treasury
Internal Revenue Service
Noncash Contributions
Right pointing arrow large imageComplete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image Attach to Form 990.
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OMB No. 1545-0047
2020
Open to Public Inspection
Name of the organization
Trustees of Tufts College
 
Employer identification number

04-2103634
Part I
Types of Property
(a)
Check if applicable 		(b)
Number of contributions or items contributed 		(c)
Noncash contribution amounts reported on
Form 990, Part VIII, line 1g 		(d)
Method of determining
noncash contribution amounts
1 Art—Works of art .... X 4 445,100 Market value
2 Art—Historical treasures .        
3 Art—Fractional interests ..        
4 Books and publications .. X 3,337 Market value
5 Clothing and household
goods ....... 		X 1,100 Market value
6 Cars and other vehicles ..        
7 Boats and planes ....        
8 Intellectual property ...        
9 Securities—Publicly traded . X 192 10,441,424 Market value
10 Securities—Closely held stock .        
11 Securities—Partnership, LLC,
or trust interests .... 		       
12 Securities—Miscellaneous ..        
13 Qualified conservation
contribution—Historic
structures ..... 		       
14 Qualified conservation
contribution—Other ... 		       
15 Real estate—Residential .        
16 Real estate—Commercial ..        
17 Real estate—Other ...        
18 Collectibles ..... X 1 4,995 Market value
19 Food inventory ... X 1 52,844 Market value
20 Drugs and medical supplies . X 7 462,869 Market value
21 Taxidermy ......        
22 Historical artifacts ....        
23 Scientific specimens ..        
24 Archeological artifacts ...        
25 Other Right pointing arrow large image ( EQUIPMENT ) X 8 221,059 Market value
26 Other Right pointing arrow large image ( DINNER EVENTS AND MEETINGS ) X 2 4,557 Market value
27 Other Right pointing arrow large image ( DONATED TRAVEL EXPENSES ) X 1 11,213 Market value
28 Other Right pointing arrow large image ( CONTRIBUTION PORTION FROM THE SMFA ART SALE ) X 4 466,171 Market value
Other Right pointing arrow large image ( SPORTS/CONCERT TICKETS ) X 6 2,575 Market value
29
Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement
29
8
Yes
No
30a
During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that it must hold for at least three years from the date of the initial contribution, and which isn't required to be used for exempt purposes for the entire holding period? ...................
30a
 
No
b
If "Yes," describe the arrangement in Part II.
31
Does the organization have a gift acceptance policy that requires the review of any nonstandard contributions?
31
Yes
 
32a
Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash
contributions? ..........................
32a
Yes
 
b
If "Yes," describe in Part II.
33
If the organization didn't report an amount in column (c) for a type of property for which column (a) is checked,
describe in Part II.
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 51227J
Schedule M (Form 990) (2020)
Schedule M (Form 990) (2020)
Page 2
Part IISupplemental Information. Provide the information required by Part I, lines 30b, 32b, and 33, and whether the organization is reporting in Part I, column (b), the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information.
Return Reference Explanation
Schedule M, Part I NON-CASH CONTRIBUTIONS THE UNIVERSITY IS REPORTING THE NUMBER OF NON-CASH FISCAL YEAR CONTRIBUTIONS BASED ON EACH GIFT RECEIVED.
Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions Trustees of Tufts college "Tufts" engaged with the companies Bidsquare and TouchNet for its annual Art Sale. Bidsquare is a third-party marketplace facilitator for online art sales and auctions. Bidsquare handles listing pieces of art on its website, hosting the "online sale" and processing sales transactions for a fee. TouchNet is a Higher Education e-commerce platform that provides secure commerce and credentials solutions for colleges and universities. TouchNet handles secure integrated payment processing offering a variety of payment methods and channels for online users for a fee. Tufts engaged with Bidsquare and Touchnet this year due to the current COVID environment.
Schedule M (Form 990) (2020)

Additional Data


Software ID: 20011424
Software Version: 2020v4.0