2025-05-08T10:49:30-05:00 2024-06-30 430765316 RUBINBROWN LLP 7676 FORSYTH BLVD SUITE 2100 SAINT LOUIS MO 63105 990 2023-07-01 430694556 FONTBONNE UNIVERSITY FONT 3148894586 6800 WYDOWN BOULEVARD ST LOUIS MO 63105 ANN SPALL CFO/VP OF FINANCE & ADMIN 3148894586 2025-05-07 1 1 KIMBERLY A RYAN P00829977 3142903300 2023 2025-03-06 01:10:19Z ANN SPALL 6800 WYDOWN BOULEVARD ST LOUIS MO 63105 74184520 0 X WWW.FONTBONNE.EDU X 1923 MO FONTBONNE UNIVERSITY IS A COEDUCATIONAL INSTITUTION OF HIGHER LEARNING THAT SEEKS TO EDUCATE STUDENTS TO THINK CRITICALLY, TO ACT ETHICALLY AND TO ASSUME RESPONSIBILITY AS CITIZENS AND LEADERS. 21 21 616 100 0 0 6730261 2357311 25098309 25227988 359954 16696871 -32303 22703 32156221 44304873 10515456 12023837 0 0 13694721 12923410 0 0 716736 12767645 13035773 36977822 37983020 -4821601 6321853 42986299 27203496 24185186 1421010 18801113 25782486 X FONTBONNE UNIVERSITY IS A COEDUCATIONAL INSTITUTION OF HIGHER LEARNING DEDICATED TO THE DISCOVERY, UNDERSTANDING, PRESERVATION, AND DISSEMINATION OF TRUTH. FONTBONNE SEEKS TO EDUCATE STUDENTS TO THINK CRITICALLY, TO ACT ETHICALLY, AND TO ASSUME RESPONSIBILITY AS CITIZENS AND LEADERS. FONTBONNE OFFERS BOTH UNDERGRADUATE AND GRADUATE PROGRAMS IN AN ATMOSPHERE CHARACTERIZED BY INCLUSION, OPEN COMMUNICATION, AND PERSONAL CONCERN. THE UNDERGRADUATE PROGRAMS PROVIDE A SYNTHESIS OF LIBERAL AND PROFESSIONAL EDUCATION. AS A CATHOLIC UNIVERSITY FOUNDED BY THE SISTERS OF ST. JOSEPH OF CARONDELET, FONTBONNE IS ROOTED IN THE JUDEO-CHRISTIAN TRADITION. 0 0 31599454 12023837 25227988 FONTBONNE IS AN ACCREDITED UNIVERSITY THAT OFFERS UNDERGRADUATE, GRADUATE, AND DOCTORAL DEGREE PROGRAMS, WHICH ALSO PROVIDES AUXILIARY SERVICES SUCH AS DORMITORIES, DINING HALL AND A BOOK STORE FOR THE CONVENIENCE OF ITS STUDENTS AND FACULTY. TOTAL BENEFITTED (AVERAGE FTE) = 893 31599454 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 1 1 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 62 0 616 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X ANN SPALL 3148894586 6800 WYDOWN BOULEVARD ST LOUIS MO 63105 KAREN S GEDERA CHAIRMAN 1.00 X 0 0 0 MARSHA BENNEY TRUSTEE 1.00 X 0 0 0 PATRICIA CLUNE CSJ TRUSTEE 1.00 X 0 0 0 PAT COLEMAN TRUSTEE 1.00 X 0 0 0 ROSEANNE COOK CSJ TRUSTEE 1.00 X 0 0 0 JOANN DONOVAN TRUSTEE 1.00 X 0 0 0 DOTTI FISCHER TRUSTEE 1.00 X 0 0 0 ALLEN J GRIEVE CSJA TRUSTEE 1.00 X 0 0 0 AMY HEREFORD CSJ TRUSTEE 1.00 X 0 0 0 SANDRA G LEHRER TRUSTEE 1.00 X 0 0 0 SUSAN LENIHAN TRUSTEE 1.00 X 0 0 0 ANNE MILLER TRUSTEE 1.00 X 0 0 0 MARY ANN NESTEL CSJ TRUSTEE 1.00 X 0 0 0 JULIANNE C NIEMANN TRUSTEE 1.00 X 0 0 0 EILEEN PETITO TRUSTEE 1.00 X 0 0 0 BRIAN ABEL RAGEN TRUSTEE 1.00 X 0 0 0 EVE RILEY TRUSTEE 1.00 X 0 0 0 RITA SCHMITZ CSJ TRUSTEE 1.00 X 0 0 0 BUZZ SZTUKOWSKI TRUSTEE 1.00 X 0 0 0 LATOYA THOMPSON TRUSTEE 1.00 X 0 0 0 MSGR MICHAEL TUREK TRUSTEE 1.00 X 0 0 0 NANCY BLATTNER PRESIDENT 40.00 X 269381 0 50181 ADAM WEYHAUPT VP ACADEMIC AFFAIRS 40.00 X 146978 0 53075 ANN SPALL CFO/VP OF FINANCE & ADMIN 40.00 X 115999 0 43256 GALE BORKOWSKI RICE DEAN 40.00 X 161022 0 27915 QUINTON CLAY VP ENR MGT & MARKETING (THRU 12/23) 40.00 X 139863 0 30251 833243 0 204678 5 0 1 0 ALADDIN FOOD MANAGEMENT 16567 COLLECTIONS CENTER DR CHICAGO IL 60693 FOOD SERVICE 1106522 NATIONAL MANAGEMENT RESOURCES PO BOX 1224 LAGRANGE GA 30241 FACILITIES MANAGEMENT 783831 UBGREENSFELDER 10 S BROADWAY STE 2000 ST LOUIS MO 63102 LEGAL SERVICES 297599 LEXICON CONSTRUCTION 2819 BRECKENRIDE INDUSTRIAL CT ST LOUIS MO 63144 CONSTRUCTION SERVICES 296416 PERMAR PO BOX 1101 DAVENPORT IA 52805 PUBLIC SAFETY 283834 12 30000 30874 987621 1308816 374891 2357311 TUITION AND FEES 611310 22107671 22107671 AUXILIARY SERVICES 611310 3120317 3120317 25227988 336674 336674 27547 0 27547 27547 27547 7230000 39000000 6080959 23788844 1149041 15211156 16360197 16360197 5000 30874 9844 -4844 -4844 44304873 25227988 0 16719574 12023837 12023837 888226 166837 509485 211904 9927097 8727205 848193 351699 315642 254410 49017 12215 1064086 935469 90918 37699 728359 604374 100119 23866 377112 377112 101000 101000 26781 26781 49899 49899 319782 319782 2870825 791303 2020564 58958 797058 651466 145592 1239676 1239676 29077 21671 7406 14867 14867 1188118 1188118 795550 795550 361963 361963 FOOD SERVICE 1063409 1063409 ATHLETIC PROGRAMS 1022596 1022596 GRANT EXPENSES 670481 670481 MEMBERSHIPS 125427 125427 1982152 621013 1340744 20395 37983020 31599454 5666830 716736 592634 18099554 1976923 1557573 1508596 1029780 474815 378074 15787929 14382063 25439883 1405866 10570311 4703993 97893 28656 2325244 0 42986299 27203496 1313222 896809 21490029 0 1381935 524201 24185186 1421010 X 9077743 25116107 9723370 666379 18801113 25782486 42986299 27203496 6321853 -568369 1227889 0 X X 0 1 X 1 1 1 X 2237839 9584329 10912879 6730261 2357311 31822619 2237839 9584329 10912879 6730261 2357311 31822619 7235749 24586870 390781 301598 291284 341337 364221 1689221 379565 379565 33891405 133114785 0.72550 0.68270 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GAIN ON INVOLUNTARY DISPOSAL OF ASSETS - 2019 AMOUNT: $ 379,565. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 90950 X LIBRARY ARTWORK 0 10251808 1325 917346 6195224 4975255 12589330 525000 1239337 4101859 10251808 16817982 1000000 -1943819 3284833 12589330 15162956 251329 3293967 1890270 16817982 14456709 566006 909555 769314 15162956 1.00000 0.00000 0.00000 0 0 542368 522558 19810 15245561 13859505 1386056 1405866 REFUNDABLE GOVERNMENT LOANS 50972 ASSET RETIREMENT OBLIGATION 20730 CONTRACT LIABILITIES 452499 524201 33319512 -568369 1238889 -11665725 -10995205 44314717 -9844 -9844 44304873 26338139 11000 9844 20844 26317295 11665725 11665725 37983020 PART III, LINE 4: FONTBONNE PRESENTS ARTWORK THROUGHOUT THE LIBRARY. PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT FUNDS WERE ESTABLISHED FOR A VARIETY OF PURPOSES, MOSTLY TO PROVIDE SCHOLARSHIPS FOR STUDENTS AND TO SUPPORT A VARIETY OF ACADEMIC PROGRAMS OFFERED BY THE UNIVERSITY. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS (INCLUDING THE LONG-TERM RESERVES). PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID NETTED AGAINST REVENUES ON FINANCIAL STATEMENTS -11,665,725. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -9,844. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 9,844. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED AGAINST REVENUES ON FINANCIAL STATEMENTS 11,665,725. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 STATEMENT IS INCLUDED ON INSTITUTION'S WEBSITE AND IN THE UNIVERSITY CATALOG. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY PASSES THROUGH STUDENT FINANCIAL AID FROM THE DEPARTMENT OF EDUCATION TO ITS STUDENTS. BIRTHDAY GALA 35874 30874 5000 4360 1950 3534 35874 30874 5000 4360 1950 3534 9844 -4844 1 SCHOLARSHIPS TO STUDENTS 915 12023837 COST TUITION AND OTHER COSTS OF ATTENDANCE PART I, LINE 2: THE GRANTS MADE BY THE UNIVERSITY PRIMARILY CONSIST OF STUDENT FINANCIAL AID FOR SCHOLARSHIPS. SCHOLARSHIPS ARE AWARDED AND MONITORED BY THE UNIVERSITY'S FINANCIAL AID DEPARTMENT TO ELIGIBLE STUDENTS BASED UPON A NUMBER OF DIFFERENT CRITERIA, INCLUDING MERIT, ACADEMIC ACHIEVEMENT, AND FINANCIAL NEED. 915 STUDENTS RECEIVED FINANCIAL AID DURING THE CURRENT FISCAL YEAR FROM A COMBINATION OF ALL SOURCES (FEDERAL, STATE AND INSTITUTIONAL). OF THE 915 STUDENTS RECEIVING FINANCIAL AID, 776 RECEIVED FUNDING FROM INSTITUTIONAL SOURCES. X X 1 1 X X X 0 1 0 0 0 0 0 0 0 NANCY BLATTNER PRESIDENT 269381 0 0 0 0 0 30000 0 20181 0 319562 0 0 0 ADAM WEYHAUPT VP ACADEMIC AFFAIRS 146978 0 0 0 0 0 16240 0 36835 0 200053 0 0 0 GALE BORKOWSKI RICE DEAN 161022 0 0 0 0 0 13839 0 14076 0 188937 0 0 0 QUINTON CLAY VP ENR MGT & MARKETING (THRU 12/23) 139863 0 0 0 0 0 0 0 30251 0 170114 0 0 0 ANN SPALL CFO/VP OF FINANCE & ADMIN 115999 0 0 0 0 0 30000 0 13256 0 159255 0 0 0 PART I, LINE 1A THE UNIVERSITY PAYS FOR AN OUTSIDE CLEANING SERVICE TO HELP MAINTAIN THE PRESIDENT'S RESIDENCE. X 6 374891 FAIR MARKET VALUE 0 0 0 PART I, COLUMN (B): THE ORGANIZATION REPORTS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT AND THE BOARD OF TRUSTEES. ONCE THE FORM 990 IS APPROVED BY THE BOARD OF TRUSTEES IT IS FILED WITH THE IRS BY MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY REQUIRES EACH TRUSTEE OF THE BOARD TO COMPLETE A CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS. THE PROCESS IS MONITORED BY THE PRESIDENT'S OFFICE. CONFLICTS OF INTEREST ARE SUMMARIZED BY THE PRESIDENT'S OFFICE AND, WHEN APPLICABLE, KEY EMPLOYEES AND/OR BOARD TRUSTEES ARE EXCUSED FROM MEETINGS AND VOTES WHEN A TOPIC RELATED TO THE CONFLICT IS BEING DISCUSSED OR VOTED ON BY THE UNIVERSITY. FORM 990, PART VI, SECTION B, LINE 15 SALARY ADJUSTMENTS FOR FACULTY AND STAFF ARE TYPICALLY MADE EFFECTIVE EITHER AT THE BEGINNING OF THE FISCAL YEAR, BEGINNING OF A NEW CONTRACT PERIOD OR AT THE BEGINNING OF THE CALENDAR YEAR. ANY SALARY ADJUSTMENTS MADE ARE SUBJECT TO REVIEW AND APPROVAL BY THE EMPLOYEE'S IMMEDIATE SUPERVISOR UNLESS AN ACROSS THE BOARD ADJUSTMENT IS MADE FOR ALL FACULTY AND STAFF. THOSE ACROSS THE BOARD ADJUSTMENTS WOULD BE APPROVED BY THE EXECUTIVE LEADERSHIP TEAM. THE TOTAL COMPENSATION PROVIDED TO THE UNIVERSITY PRESIDENT IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE UNIVERSITY'S BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST ADDRESSED TO THE UNIVERSITY INSTITUTIONAL ADVANCEMENT OFFICE. FORM 990, PART XII, LINE 2C: THERE IS NO CHANGE FROM THE PRIOR YEAR. SCHEDULE O, ADDITIONAL DISCLOSURE ON MARCH 10, 2024, THE UNIVERSITY'S BOARD OF TRUSTEES VOTED TO CLOSE THE UNIVERSITY. THE UNIVERSITY ANTICIPATES TO CONTINUE TO PROVIDE EDUCATIONAL SERVICES TO STUDENTS THROUGH THE SUMMER OF 2025, AFTER WHICH IT WILL LIQUIDATE ANY REMAINING ASSETS AND FORMALLY WIND DOWN OPERATIONS OF THE NOT-FOR-PROFIT CORPORATION OVER THE NEXT SEVERAL SUBSEQUENT YEARS. MANAGEMENT'S PLANS TO EXECUTE THE CLOSURE OF THE UNIVERSITY INCLUDE CERTAIN REDUCTIONS IN OPERATIONS AND COSTS SAVINGS, INCLUSIVE OF SEVERANCE TO APPLICABLE EMPLOYEES. THE UNIVERSITY WILL NOT ACCEPT NEW STUDENTS AND WILL ONLY CONTINUE TO PROVIDE EDUCATIONAL SERVICES TO STUDENTS THAT WERE CURRENTLY ENROLLED AS OF THIS DATE. MANAGEMENT ANTICIPATES THAT THE PROCEEDS FROM THE SALE OF THE UNIVERSITY'S CAMPUS, ALONG WITH OTHER SOURCES OF REVENUE, WILL PROVIDE SUFFICIENT CASH FLOWS OVER THE PERIOD OF CLOSURE THAT WILL ALLOW THE UNIVERSITY TO MEET ITS OBLIGATIONS AS THEY COME DUE.