Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990.
lBullet Information about Schedule I (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2016
Open to Public
Inspection
Name of the organization
Saint Michael's College
 
Employer identification number
03-0179403
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient
that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government		 (b) EIN (c) IRC section
(if applicable)		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
noncash assistance		 (h) Purpose of grant
or assistance
(1) THE DREAM PROJECT INC
87 ELM STREET
WINOOSKI,VT05404 		26-0030908 501(c)(3) 10,000       SEE PART IV.
(2) SSE DBA SAINT ANNE'S SHRINE
PO BOX 280
ISLE LA MOTTE,VT05463 		03-0195115 501(C)(3) 50,825       SEE PART IV.
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
2
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2016
Page 2

Schedule I (Form 990) 2016
Page 2
Part III
Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Number of
recipients		 (c) Amount of
cash grant		 (d) Amount of
noncash assistance		 (e) Method of valuation (book,
FMV, appraisal, other)		 (f) Description of noncash assistance
(1) STUDENT SCHOLARSHIPS 1747 34,150,130      
(2) UNDERGRADUATE ENDOWMENT FUNDED SCHOLARSHIPS 264 2,314,061      
(3) UNDERGRADUATE ATHLETIC GRANTS 20 1,108,207      
(4) FED SUPPLEMENTAL EDUCATION OPPORTUNITY GRANTS 267 404,597      
(5) GRADUATE STUDENT GRANTS 6 8,496      
(5)
(6)
(7)
Part IV
Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.
Return Reference Explanation
GRANTS AND OTHER ASSISTANCE TO GOVERNMENTS AND ORGANIZATIONS IN THE U.S. PART II, COLUMN H (1)THE CONTRIBUTION TO THE DREAM PROGRAM WAS MADE TO PROVIDE SUPPORT TO THEIR MISSION TO BUILD COMMUNITIES OF FAMILIES AND COLLEGE STUDENTS THAT EMPOWER CHILDREN FROM LOW-INCOME FAMILIES LIVING IN AFFORDABLE HOUSING NEIGHBORHOODS TO RECOGNIZE THEIR OPTIONS, MAKE INFORMED DECISIONS AND ACHIEVE THEIR DREAMS. THEIR ULTIMATE GOAL IS FOR THESE CHIDLREN TO GROW AND DEVELOP THE SKILLS AND RESOURCES NEEDED FOR EACH OF THEM TO REACH THEIR FULL POTENTIAL AND TRANSCEND POVERTY. THIS ORGANIZATION WAS CHOSEN TO RECEIVE THIS DONATION BY THE COLLEGE'S STUDENT ASSOCIATION WHICH INVITES LOCAL NON-PROFIT ORGANIZATIONS TO APPLY FOR A $10,000 DONATION THROUGH AN APPLICATION PROCESS. THREE ORGANIZATIONS ARE CHOSEN TO MAKE A PRESENTATION TO THE STUDENT BODY DESCRIBING THEIR ORGANIZATION AND ITS MISSION. A STUDENT VOTE DETERMINES THE NON-PROFIT RECIPEINT. (2)THE CONTRIBUTION TO SAINT ANNE'S SHRINE WAS MADE TO PROVIDE SUPPORT OF THEIR MISSION TO SERVE AS A WELCOMING PLACE OF PEACE AND HOPE MINISTERING TO ALL GOD'S PEOPLE THROUGH PRAYER, DEVOTION, HOSPITALITY AND SPIRITUAL RENEWAL. THE SHRINE WAS DEVELOPED AND MAINTAINED FOR THE PAST 100 YEARS BY THE SOCIETY OF SAINT EDMUND, WHO IS ALSO THE FOUNDER OF SAINT MICHAEL'S COLLEGE. THE COLLEGE SHARES A SIMILAR MISSION TO CONTRIBUTE THROUGH HIGHER EDUCATION TO THE ENHANCEMENT OF THE HUMAN PERSON AND THE ADVANCEMENT OF HUMAN CULTURE IN THE LIGHT OF THE CATHOLIC FAITH. THE COLLEGE BENEFITS FROM USE OF THE FACILITIES AT THE SHRINE FOR CURRICULUM ENHANCEMENT, STUDENT AND STAFF RETREATS AND WORSHIP.
GRANTS AND OTHER ASSISTANCE TO INDIVIDUALS IN THE U.S. PART III THE COLLEGE RECOGNIZES THE HIGH COST OF A PRIVATE EDUCATION AND ATTEMPTS TO ADDRESS AS MUCH AS WE PRACTICALLY CAN TO CLOSE THE GAP BETWEEN THE COST OF ATTENDANCE AND FAMILY RESOURCES USING A VARIETY OF SOURCES INCLUDING FEDERAL, STATE AND INSTITUTIONAL (COLLEGE) FUNDING. THE THREE TYPES OF FINANCIAL ASSISTANCE WE EMPLOY INCLUDE GRANTS AND SCHOLARSHIPS, LOANS AND STUDENT EMPLOYMENT. IN 2016-2017 THE COLLEGE ADMINISTERED OVER $58 MILLION IN ASSISTANCE, OF WHICH APPROXIMATELY $38 MILLION WAS PRIMARILY COLLEGE FUNDED AID SCHOLARSHIPS OR GRANTS. THE FIVE YEAR-AVERAGE (2012-2016) OF UNDERGRADUATE STUDENTS RECEIVING COLLEGE FUND AID WAS 96.4%. THE COLLEGE'S PRACTICE HAS BEEN TO AWARD AID BASED ON MERIT AND/OR NEED TO ALL STUDENTS ACCEPTED FOR ADMISSION. THE AVERAGE NEED BASED SCHOLARSHIP OR GRANT FOR THE FALL 2016 INCOMING CLASS WAS APPROXIMATELY $24,168. THE AMOUNT OF AID A STUDENT RECEIVES UPON INITIAL ENROLLMENT GENERALLY IS AWARDED FOR EACH YEAR HE/SHE ATTENDS SAINT MICHAEL'S COLLEGE.
Schedule I (Form 990) 2016



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