New England Campus Teach-Out Plan

This document is intended to address the issues that would arise should Thomas Aquinas College at some point decide to terminate the attempt to establish a second campus after the second campus has opened but while the two institutions are still a single corporation. What moral and financial obligations to the students and faculty of the second campus would the College need to meet in those circumstances? Obviously, it is very difficult to anticipate all the eventualities, but we touch here on what seem the most likely difficulties and how we would propose to approach them.

Tax Exemption - Commonwealth of Massachusetts

As a non-profit educational organization, Thomas Aquinas College qualifies for federal tax-exempt status under section 501(c)(3) of the Internal Revenue Code. As such, the College is exempt from paying Massachusetts state sales tax on the goods and services it purchases. Before making a purchase, be sure to mention Thomas Aquinas College’s tax-exempt status to your vendor, as doing so can result in significant savings.

Tax Exemption - Commonwealth of Massachusetts (Form ST-2)

ST2/ST-2

As a non-profit educational organization, Thomas Aquinas College qualifies for federal tax-exempt status under section 501(c)(3) of the Internal Revenue Code. As such, the College is exempt from paying Massachusetts state sales tax on the goods and services it purchases. Before making a purchase, be sure to mention Thomas Aquinas College’s tax-exempt status to your vendor, as doing so can result in significant savings.