2024-05-10T12:08:04-05:00 2023-06-30 540504608 BROWN EDWARDS & COMPANY LLP 105 ARBOR DR 3RD FLOOR CHRISTIANSBURG VA 24073 990 2022-07-01 540506319 MARY BALDWIN UNIVERSITY MARY 5408877000 NEW STREET AND FREDERICK STREET STAUNTON VA 24401 DR JEFFREY STEIN PRESIDENT 5408877000 2024-05-09 1 DR JEFFREY STEIN 999009999 0 MARK WOOLWINE P00647446 5404433606 2024-05-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR JEFFREY STEIN NEW STREET AND FREDERICK STREET STAUNTON VA 24401 61059508 0 X WWW.MARYBALDWIN.EDU X 1842 VA MARY BALDWIN UNIVERSITY EMPOWERS LEADERS TO PURSUE LIVES OF PURPOSE IN A CHANGING WORLD. AS A DISTINCTIVE SMALL UNIVERSITY COMMITTED TO ITS RICH HERITAGE AS AN INCLUSIVE, WOMEN-CENTERED LIBERAL ARTS UNIVERSITY, MARY BALDWIN FULFILLS ITS MISSION BY PROVIDING UNDERGRADUATE, GRADUATE, AND PROFESSIONAL EDUCATION TO A DIVERSE POPULATION OF WOMEN AND MEN. IT EMPHASIZES HIGH ETHICAL STANDARDS AND THE DEVELOPMENT OF CRITICAL, CREATIVE, AND REFLECTIVE REASONING AS THE FOUNDATION FOR FULFILLING, ENGAGED, AND MEANINGFUL LIVES. 29 28 1019 0 0 0 29240466 8363181 54295404 50582746 -415900 1108726 98415 150382 83218385 60205035 20922705 18796151 0 0 26827571 28815987 0 0 1425721 19173090 19540782 66923366 67152920 16295019 -6947885 88755029 86535808 25548290 27146040 63206739 59389768 X MARY BALDWIN UNIVERSITY EMPOWERS LEADERS TO PURSUE LIVES OF PURPOSE IN A CHANGING WORLD. AS A DISTINCTIVE SMALL UNIVERSITY COMMITTED TO ITS RICH HERITAGE AS AN INCLUSIVE, WOMEN-CENTERED LIBERAL ARTS UNIVERSITY, MARY BALDWIN FULFILLS ITS MISSION BY PROVIDING UNDERGRADUATE, GRADUATE, AND PROFESSIONAL EDUCATION TO A DIVERSE POPULATION OF WOMEN AND MEN. IT EMPHASIZES HIGH ETHICAL STANDARDS AND THE DEVELOPMENT OF CRITICAL, CREATIVE, AND REFLECTIVE REASONING AS THE FOUNDATION FOR FULFILLING, ENGAGED, AND MEANINGFUL LIVES. 0 0 18796151 18796151 SCHOLARSHIPS AND FELLOWSHIPS - THE UNIVESITY AWARDED APPROXIMATELY 1,240 STUDENTS FINANCIAL AID ASSISTANCE THROUGH INSITUTIONAL MEANS. FINANCIAL AID IS FUNDED BY FEDERAL, STATE, PRIVATE AND INSTITUTIONAL MEANS. 35149276 52273350 INSTRUCTIONAL - VARIOUS PROGRAMS SUCH AS TRADITIONAL DEGREES, CONTINUING EDUCATION, SUMMER PROGRAMS, CONSORTIUM AND STUDIES ABROAD TO APPROXIMATELY 2,244 STUDENTS. 53945427 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 190 0 1 1019 1 0 0 0 0 0 0 0 0 0 0 X 29 28 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X DR JEFFREY STEIN 5408877026 PO BOX 1500 STAUNTON VA 24402 PAMELA FOX PRESIDENT 35.00 X X 434380 0 39047 CONSTANCE DIERICKX BOARD VICE CHAIR 0.00 X X 0 0 0 GABRIELLE MCCREE BOARD CHAIR 0.00 X X 0 0 0 HAL JOHNSON BOARD SECRETARY 0.00 X X 0 0 0 AMII BARNARD-BAHN BOARD TRUSTEE 0.00 X 0 0 0 ANDREW SHIPP BOARD TRUSTEE 0.00 X 0 0 0 ANNABEL E BARBER BOARD TRUSTEE 0.00 X 0 0 0 BEVERLY BATES BOARD TRUSTEE 0.00 X 0 0 0 CHARLES HEINER BOARD TRUSTEE 0.00 X 0 0 0 CINDY DULLEA BOARD TRUSTEE 0.00 X 0 0 0 DONNA SMITH BOARD TRUSTEE 0.00 X 0 0 0 DORIE CLARK BOARD TRUSTEE 0.00 X 0 0 0 ELOISE CHANDLER BOARD TRUSTEE 0.00 X 0 0 0 GEORGE PARMAN BOARD TRUSTEE 0.00 X 0 0 0 HARVEY WESTBROOK JR BOARD TRUSTEE 0.00 X 0 0 0 HELEN FORSTER BOARD TRUSTEE 0.00 X 0 0 0 JOHN A NOLDE JR BOARD TRUSTEE 0.00 X 0 0 0 JOHN ROGERS BOARD TRUSTEE 0.00 X 0 0 0 KAMALA PAYNE BOARD TRUSTEE 0.00 X 0 0 0 KATHERINE SMALLWOOD BOARD TRUSTEE 0.00 X 0 0 0 KELLY OKE DOWD BOARD TRUSTEE 0.00 X 0 0 0 MARGARET WREN DE ST AUBIN BOARD TRUSTEE 0.00 X 0 0 0 MARIA CERMINARA ACAR BOARD TRUSTEE 0.00 X 0 0 0 MARK LAROSA BOARD TRUSTEE 0.00 X 0 0 0 PETER GWALTNEY BOARD TRUSTEE 0.00 X 0 0 0 RAKI MCGREGOR BOARD TRUSTEE 0.00 X 0 0 0 SUSAN PALMER BOARD TRUSTEE 0.00 X 0 0 0 TIM POWERS BOARD TRUSTEE 0.00 X 0 0 0 TRIMBLE BAILEY SPITZER BOARD TRUSTEE 0.00 X 0 0 0 SEAN SIMPLICIO CHIEF FINANCIAL OFFICER AND TREASURER 35.00 X 277306 0 9009 WILLIAM WEBB SR VP & DEAN, PALMER COLLEGE OF PROF. STUDIES 35.00 X 244658 0 19922 CHARLES DAVIS VP OF INSTITUTIONAL ADVANCEMENT 35.00 X 239985 0 28562 ERNEST JEFFRIES VP OF STUDENT ENGAGEMENT 35.00 X 230216 0 17649 DEBORAH GREUBEL VP OF MDCHS & CHIEF HEALTH OFFICER 35.00 X 201923 0 7147 MATT MUNSEY VP OF ENROLLMENT MANAGEMENT 35.00 X 191199 0 15718 1819667 0 137054 38 0 1 0 CHARTWELLS DINING SERVICES PO BOX 417632 BOSTON MA 022417632 FOOD SERVICE MANAGEMENT 1268514 EAB PO BOX 603519 CHARLOTTE NC 282603519 RECRUITMENT SERVICES 1139325 MATHERS CONSTRUCTION CO 435 ESSEX AVE SUITE 112 WAYNESBORO VA 22980 CONSTRUCTION SERVICES 659179 MALIHKA ENTERPRISES LLC 1820 RHIANON LANE HARRISONBURG VA 22801 SOFTWARE 470047 KJELLSTROM LEE CONSTRUCTION 1607 OWNBY LANE RICHMOND VA 23220 CONSTRUCTION SERVICES 364148 25 1652804 6710377 1076339 8363181 TUITION AND FEES 611310 44264541 44264541 AUXILIARY SERVICES 611310 6318205 6318205 50582746 422977 422977 1540222 854473 0 -854473 1540222 685749 1540222 -854473 OTHER 611310 150382 150382 150382 60205035 52273350 0 -431496 18796151 18796151 711686 494496 217190 23357102 18366012 4302298 688792 592853 592853 2530834 1762999 635471 132364 1623512 1283500 281663 58349 716523 716523 74640 74640 95211 95211 98000 98000 6315046 4148719 2100712 65615 300094 22723 277371 795804 632711 88266 74827 2139157 1643306 421621 74230 712425 568141 123269 21015 1087610 1087610 2524388 2306634 217754 397928 396399 1529 OTHER 1917473 808209 1039506 69758 MAINTENANCE CONTRACTS 1110527 3399 1107128 FOOD 958449 908430 27967 22052 HEERF 297507 297507 67152920 53945427 11781772 1425721 6334884 2145538 20128988 19708512 1600322 1344315 103355 20551 42413 44773 311891 510121 91074512 58750895 32218024 32323617 20087149 21993635 7464697 7879006 463306 565740 88755029 86535808 2430749 2648452 212828 167293 3785897 3321035 18932901 20699760 185915 309500 25548290 27146040 X 15429358 14463443 47777381 44926325 63206739 59389768 88755029 86535808 X -6947885 3129660 1254 X X 0 1 X 1 1 1 X 4141964 3540577 8103737 29240466 8363181 53389925 4141964 3540577 8103737 29240466 8363181 53389925 53389925 705629 441030 383979 331504 422977 2285119 151987 99186 133746 98415 150382 633716 56308760 50041440 0.94820 0.94250 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 0 0 1 2650 0 0 0 2650 0 PART II-B, LINE 1: THE UNIVSERITY PAYS DUES TO THE CICV. THE CICV ESTIMATES THAT 9.5% OF ITS ANNUAL DUES IN THE 2022/2023 MEMBERSHIP YEAR WAS FOR LOBBYING. THE UNIVERSITY PAYS DUES TO THE NAICU. THE NAICU ESTIMATES THAT 8% OF ITS ANNUAL DUES IN THE 2022/2023 MEMBERSHIP YEAR WAS FOR LOBBYING. 0 33702836 2046015 2622260 807871 942129 36621111 34159280 4384206 -3799557 519377 521716 33702836 30808446 1302731 3998103 873035 1076965 34159280 31993779 287117 527550 851562 1148438 30808446 35838180 1093175 156067 1034510 4059133 31993779 0.38140 0.61860 0 0 4149381 4149381 64683175 42934921 21748254 4239185 2664492 1574693 16417937 12714471 3703466 1584834 437011 1147823 32323617 ALTERNATIVE INVESTMENTS 5671709 F REAL ASSETS 26750 F MONEY MARKET FUNDS 2180547 F 7879006 OPERATING LEASE RIGHT-OF-USE LIABILITY 309500 309500 X 44441798 3129660 1254 3130914 41310884 98000 18796151 18894151 60205035 48258769 0 48258769 98000 18796151 18894151 67152920 PART III, LINE 1A: THE UNIVERSITY OWNS A LIMITED NUMBER OF MODERATELY VALUABLE ITEMS OF ART THAT ARE DISPLAYED THROUGHOUT THE CAMPUS. THESE ITEMS ARE USED AS AN EXAMPLE OF STYLES AND PERIOD ART IN FURTHERANCE OF THE UNIVERSITY'S FINE ARTS PROGRAM. PART X, LINE 2: THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVNEUE CODE. THE FEDERAL FORMS 990 OF THE COLLEGE ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN SPLIT INTEREST AGREEMENTS 1,254. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 18,796,151. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 18,796,151. SCHEDULE D, PART III, LINE 4 THE UNIVERSITY OWNS A LIMITED NUMBER OF MODERATELY VALUABLE ITEMS OF ART THAT ARE DISPLAYED THROUGHOUT THE CAMPUS. THESE ITEMS ARE USED AS AN EXAMPLE OF STYLES AND PERIOD ART IN FURTHERANCE OF THE UNIVERSITY'S FINE ARTS PROGRAM. SCHEDULE D, PART V, LINE 4 THE PRINCIPAL WILL BE HELD IN PERPETUITY AND THE INCOME AND GAINS WILL BE SPENT TO SUPPORT THE RESTRICTED PURPOSE. SCHEDULE D, PART XI, LINE 2D FINANCIAL AID SCHEDULE D, PART XII, LINE 2D STUDENT FINANCIAL AID 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 MARY BALDWIN UNIVERSITY CUSTOMARILY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS NATIONWIDE AND FROM FOREIGN COUNTRIES. THE UNIVERSITY FOLLOWS A NONDISCRIMINATORY POLICY AND HAS COMPLIED WITH SECTION 4.02 OF THE INTERNAL REVENUE PROCEDURE 75-50. THIS POLICY IS PUBLISHED IN THE UNIVERSITY CATALOG, VARIOUS BROCHURES AND STATE AND LOCAL NEWSPAPERS. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES FEDERAL WORK STUDY, SEOG, AND A DISTRIBUTION FROM THE STATE OF VIRGINIA FOR THE VWIL PROGRAM. 1 SEOG 352 209014 INSTITUTIONAL FINANCIAL AID 1240 18587137 SCHEDULE I, PART I, LINE 2 THE OFFICE OF FINANCIAL AID AWARDS STUDENT AID BASED ON ENROLLMENT, NEED BASED ON THE SUBMISSION OF THE FREE APPLICATION FOR FEDERAL STUDENT AID (FASFA) AND THE ABILITY TO MEET CERTAIN DONOR SPECIFIED CRITERIA. X X 1 1 0 0 0 0 0 0 0 0 0 PAMELA FOX PRESIDENT 434380 0 0 0 0 0 13031 0 26016 0 473427 0 0 0 SEAN SIMPLICIO CHIEF FINANCIAL OFFICER AND TREASURE 277306 0 0 0 0 0 8319 0 690 0 286315 0 0 0 CHARLES DAVIS VP OF INSTITUTIONAL ADVANCEMENT 239985 0 0 0 0 0 7200 0 21362 0 268547 0 0 0 WILLIAM WEBB SR VP & DEAN, PALMER COLLEGE OF PROF 244658 0 0 0 0 0 7340 0 12582 0 264580 0 0 0 ERNEST JEFFRIES VP OF STUDENT ENGAGEMENT 230216 0 0 0 0 0 6906 0 10743 0 247865 0 0 0 DEBORAH GREUBEL VP OF MDCHS & CHIEF HEALTH OFFICER 201923 0 0 0 0 0 6058 0 1089 0 209070 0 0 0 MATT MUNSEY VP OF ENROLLMENT MANAGEMENT 191199 0 0 0 0 0 5736 0 9982 0 206917 0 0 0 SCHEDULE J, PART I, LINE 1A THE PRESIDENT OF THE UNIVERSITY IS PROVIDED WITH ON CAMPUS HOUSING AND CLEANING STAFF X 4 581975 DONOR VALUE X 17 494365 AVG HIGH/LOW 0 1 0 FORM 990, PART VI, SECTION A, LINE 3 THE MANAGEMENT OF THE FOOD SERVICE AREA IS PERFORMED BY A COMPANY THAT SPECIALIZES IN THAT AREA. FORM 990, PART VI, SECTION A, LINE 8B THE EXECUTIVE COMMITTEE IS AUTHORIZED TO ACT ON BEHALF ON THE GOVERNING BODY. MINUTES FOR EXECUTIVE COMMITTEE MEETINGS ARE NOT KEPT. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 AND ALL SUPPORTING SCHEDULES AND STATEMENTS ARE PROVIDED TO THE BOARD ELECTRONICALLY BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST CERTIFICATION EACH YEAR. THESE CERTIFICATIONS ARE REVIEWED BY THE PRESIDENT AND THE CHAIR OF THE BOARD OF TRUSTEES FOR COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE BOARD OF TRUSTEES. THE BOARD IS PROVIDED WITH COMPENSATION SURVEYS AND DATA COLLECTED FROM OTHER INSTITUTIONS THAT SHARE THE UNIVERSITY'S BUDGET LEVELS AND PLANNING GOALS. FORM 990, PART VI, SECTION C, LINE 18 MARY BALDWIN UNIVERSITY'S IRS FORM 990 IS AVAILABLE TO THE PUBLIC ON GUIDE-STAR. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS OF THE UNIVERSITY ARE AVAILABLE UPON REQUEST. EACH REQUEST WILL BE EVALUATED ON AN INDIVIDUAL BASIS FOR MERIT. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT INTEREST AGREEMENTS 1,254. PART XII, LINE 2C NO CHANGES IN THE PROCESS FROM PRIOR YEAR.