2025-05-13T12:38:59+00:00 2024-06-30 332621854 CRI Capin Crouse Advisors LLC 345 Massachusetts Ave Suite 300 Indianapolis IN 46204 990 2023-07-01 951699394 Fuller Theological Seminary FULL 6255845453 135 N Oakland Avenue Pasadena CA 911820001 David E Goatley President 2025-05-13 true Ashley Peabody P01385870 5055022746 2025-05-13 2023 2025-03-06 01:10:19Z David E Goatley 135 N Oakland Avenue Pasadena CA 911820001 73732526 false X www.fuller.edu X 1947 CA Provides graduate degrees in Theology, Psychology, Intercultural Studies & operates Psych Center. 30 29 1036 29 0 0 24848265 20666320 32884362 32058362 627364 7813584 -226351 -619951 58133640 59918315 6808327 7363952 0 0 35094682 34621861 0 0 2845908 22204569 22870219 64107578 64856032 -5973938 -4937717 297698059 296847896 54055356 40647606 243642703 256200290 The Seminary is an international, multi-denominational, post-baccalaureate school of religious learning that prepares students for a wide variety of Christian vocations through its two schools: School of Mission & Theology and School of Psychology & Marriage and Family Therapy. false false 34162897 7363952 25384669 Fuller Theological Seminary is one of the largest multidenominational seminaries in the world,providing professional and graduate-level education in our School of Mission and Theology and School of Psychology & Marriage and Family Therapy. We are known for our ethnic anddenominational diversity, with more than 3,000 students joining our community from 83countries and 114 denominations. The School of Mission and Theology offers students indispensable education for effective leadership in vocations in ministry, missions, the marketplace, and beyond. A rigorous curriculum that integrates biblical learning, theological training, and missiological perspectives equips School of Mission and Theology (SMT) graduates to make an impact in their unique context and calling. Students in Fuller's School of Psychology & Marriage and Family Therapy-a pioneer in the integration of psychology and Christian theology-are equipped to serve with professionalism, grace, and truth. All are trained for their chosen vocations in an environment of clinical excellence, research innovation, and academic distinction. 12043650 3439780 For over 50 years, Fuller Psychological and Family Services (FPFS) has played a vital role in providing high-quality and affordable mental health care to individuals and families in Pasadena and surrounding communities. What makes FPFS unique from other mental health outpatient clinics is that all FPFS therapists are trained to relate to you in a holistic manner - mind, body, and spirit - without imposing a worldview on you. Accordingly, we welcome people of all faith traditions. 4155630 3233913 Fuller offers a full range of affordable apartment-style housing options for eligible graduate students and their family members, year round, located in the heart of Pasadena, just minutes away from campus. 50362177 true true false false false false false false true true true false true true false false true true true true false false false false false false false true true false false false true false false false false true false false false true true true true false false true 3092 0 true 1036 true true true false false false false false false false false false false false X 30 29 false false false false false false false true true false false false true true true true true true true false CA CO AK MI NV NH RI SC WA X X Carole Reuter 6265845453 135 N Oakland Avenue Pasadena CA 911820001 Daniel D Meyer Chair/Trustee 0.1 X X 0 0 0 Daniel L Villanueva Treasurer/Trustee/Chair Ops 0.1 X X 0 0 0 David E Goatley President/Trustee 40.0 X X 294706 0 106899 Mary Vermeer Andringa Vice Chair/Trustee 0.1 X X 0 0 0 C Jeffrey Wright Trustee 0.1 X 0 0 0 Clifford L Penner Trustee/Chair TAC 0.1 X 0 0 0 Dale C Wong Trustee/Chair JIC 0.1 X 0 0 0 Daniel Fong Trustee 0.1 X 0 0 0 Daniel L Chun Trustee 0.1 X 0 0 0 David Fung Trustee 0.1 X 0 0 0 David L Bere Trustee 0.1 X 0 0 0 Gregory L Headington Trustee 0.1 X 0 0 0 Jim Mellado Trustee 0.1 X 0 0 0 Jody A De Pree Vanderwel Trustee 0.1 X 0 0 0 John Ortberg Trustee 0.1 X 0 0 0 John Witvliet Trustee 0.1 X 0 0 0 Kathy Drake Trustee 0.1 X 0 0 0 Kevin T Chan Trustee/Chair Audit 0.1 X 0 0 0 Larry A Smith Trustee 0.1 X 0 0 0 Lip-Bu Tan Trustee 0.1 X 0 0 0 Meritt Lohr Sawyer Trustee 0.1 X 0 0 0 Nicholas E Brathwaite Trustee 0.1 X 0 0 0 Nicholas Pearce Trustee 0.1 X 0 0 0 Nicole Martin Trustee 0.1 X 0 0 0 Samuel C Tolbert Jr Trustee 0.1 X 0 0 0 Shirley A Mullen Trustee 0.1 X 0 0 0 Stephen Aeschbacher Trustee 0.1 X 0 0 0 Tom Hsieh Trustee 0.1 X 0 0 0 Tom Lin Trustee/Chair LFD 0.1 X 0 0 0 Wilma Jean Burch Trustee 0.1 X 0 0 0 Alexis Abernathy Chief Academic Officer 40.0 X 196948 0 12024 Cynthia Blomquist Erikkson Dean of School of Psychology 40.0 X 138598 0 10571 Jeffrey Harwell Chief Technology Officer 40.0 X 134095 0 25562 Raymond M Asad CFO and Secretary of the Board 40.0 X 251677 0 5631 Sebastian Kim Interim Dean of School of Mission and Theology 40.0 X 101472 0 64131 Theopolis Cosse Dean of School of Psychology (part year) 40.0 X 246941 0 6773 Bernadette J O'Halloran Chief of HR ganizational Development 40.0 X 156304 0 26084 Jacob Mulder Assistant Chief of Leadership Formation 40.0 X 185328 0 28343 Kenneth Tzuchien Wang Professor 40.0 X 154541 0 26372 Lance Griffin General Counsel 40.0 X 211377 0 41604 Lisseth Rojas-Flores Professor 40.0 X 153753 0 25145 Mark Labberton President Emeritus 0.0 X 146617 0 138770 2372357 0 517909 29 true true false Ellucian Company LP 62578 Collections Center Driver Chicago IL 60693 Admin/Academic Software 502998 Whiteboard Network LLC 1433 Williams Street Chattanooga TN 37408 Creative Agency 443158 Proactive Property Management PO BOX 801415 Santa Clarita CA 91380 Property Management 398433 Alice Avenue LLC 1110 E Missouri Ave Phoenix AZ 85014 Property Management 266946 Pyramid Interiors Inc 7435 3rd St Downey CA 90241 Construction 235871 20 152653 20513667 545076 20666320 Tuition and Fees 611310 25384669 25384669 Auxiliary Services 611310 5379035 5379035 Psychology Center 611310 1294658 1294658 0 0 0 0 32058362 1758136 1758136 5147 5147 312392 937490 -625098 0 -625098 -625098 5954669 12977500 5483859 7392862 470810 5584638 6055448 6055448 0 0 0 0 0 59918315 32058362 0 7193633 X 7363952 7363952 1596235 752834 843401 121586 121586 28324618 23178101 5146517 644113 522858 121255 3279143 2708802 570341 656166 524813 131353 55906 55906 112315 112315 480679 480679 7274656 3953562 628369 2692725 448831 436220 12611 2874574 1401984 1471312 1278 1025386 1025386 3937394 1358633 2578761 2568943 2430660 138283 1479461 1408483 70978 2042813 1561050 481763 569261 569261 Indirect operations & Maintenance of Plant 0 2760225 -2912130 151905 0 0 0 0 64856032 50362177 11647947 2845908 8558114 11833055 40114764 32278178 9006170 4187087 419047 260294 382825 550000 0 0 83852 79663 46436 66959 1576119 1648342 118269611 47728876 79056662 70540735 1618245 1903964 104820728 118898900 230089 91473 0 51785008 54509246 297698059 296847896 5201915 3859302 0 19338733 13387206 0 0 0 0 27760413 21755913 202494 203364 1551801 1441821 54055356 40647606 X 63843360 63559170 179799343 192641120 243642703 256200290 297698059 296847896 X -4937717 12913423 4581881 X false true X true true true X 15640022 22284163 34166059 24848265 20666320 117604829 0 0 15640022 22284163 34166059 24848265 20666320 117604829 27631577 89973252 2372614 1464676 1139792 1243147 2075675 8295904 271213 98428 369641 0 0 0 0 0 0 126270374 165605917 0.7125 0.7111 X Schedule A, Part II The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and, therefore, qualifies to use the first listed special rule for Schedule B reporting. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 109766387 7070123 11905615 2492729 3445104 122804292 102468050 7869850 6014780 2746095 3840198 109766387 125838083 5775822 -21901988 3033560 4210307 102468050 98803120 4756804 27222654 2149711 2794784 125838083 121594576 4574364 1666000 2253361 4424826 22353633 98803120 0.1367 0.8633 0.0 true false 8528757 8528757 89561926 31459392 58102534 1626256 938436 687820 9229087 8964972 264115 9323585 6366076 2957509 70540735 Co-investments 6262000 F Cash & Cash Equivalents 192617 F Real Estate & Real Estate Interests 10000 F Government bonds 800532 F Advanced Contributions Net of Payables 165176 F Investment in LLC 111468575 F 118898900 Beneficial Interest in Perpetual Trusts 5640370 Interest in Investments of Financially Interrelated Entity 12378169 Interest in Trusts of Financially Interrelated Entity 33426182 Interest Rate Swap 928086 Operating lease - Right of use asset 545416 Co-investment in faculty housing 1591023 54509246 Annuities Payable 546761 Deposits 183871 Perkins Loan Funds Repayable to Fed 88614 Operating Lease Obligation 622575 1441821 70506478 12913423 4581881 17495304 53011174 480679 6426462 6907141 59918315 57948891 0 0 57948891 480679 6426462 6907141 64856032 Schedule D, Part V, Line 1f Fuller is in the process of reallocating some of its resources to better meet the future needs of its operations. The first step in this process consisted of reallocating certain investments in real estate to quasi-endowment so that there would be additional sources of funding for new operating initiatives that would better meet the needs of Fuller's students through increased annual endowment withdrawals. Fuller is also in the process of developing its online degrees and program offerings as well as re-defining its degree programs and the required units to better meet the needs of its current and future students. Fuller had made cumulative temporary borrowings against its quasi-endowment to fund operations during prior years of $22,353,533. During the year ended June 30, 2020, the board authorized the undesignation of this amount. Schedule D, Part V, Line 1f column (e) is reporting a net change of $22,353,533 which is inclusive of the $25,713,000 write off and other reclassifications of $3,359,467. Schedule D, Part V, Line 4 Intended uses of endowment funds The Organization's endowment consists of over 200 individual funds established for a variety of purposes, primarily for endowed chairs, endowed scholarships, and other program related expenditures. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Change in investments held by financially interrelated entity - 3871515 Change in beneficial interest in trust held by financially interrelated entity - 1386948 Change in value of interest rate swap - -676582 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Rental expenses - -937490 Scholarships - 7363952 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Scholarships - 7363952 Rental expenses - -937490 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY The organization publicized its racially nondiscriminatory policy on the homepage of its website at all times during its tax year in a manner reasonably expected to be noticed by visitors. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT Fuller Theological Seminary receives funds for Student Financial Aid from the U.S. Department of Education, through the Federal Direct Loan Program, the Federal Graduate PLUS Loan Program, and the Federal Work-Study Program. Additionally, the seminary also received financial assistance from the Higher Education Emergency Relief Funds (HEERF) as part of the CARES Act. Middle East and North Africa 1 2 Program Services Travel 76768 Europe (Including Iceland and Greenland) 1 6 Program Services Travel 34573 2 8 0 0 2 8 111341 0 111341 false false false false false false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual true Grant in Aid for Students attending the Organizations Campuses in North America 1889 7209728 Higher Education Emergency Relief Fund (HEERF) 26 154224 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. The Organization only awards financial assistance or grant-in-aid to individuals who are designated to meet the educational expenses of students attending Fuller Theological Seminary. The Organization has established institutional policies for awarding and monitoring of financial assistance. Each award is done in accordance with the policies and compliance is monitored by senior management, to ensure that the amount and eligibility of individuals is in accordance with established policies. X X X X true true X X X X false false false false false false false false false David E Goatley President/Trustee 291538 0 0 0 3168 0 6000 0 100899 0 401605 0 0 0 Mark Labberton President Emeritus 83591 0 0 0 63026 0 40523 0 98247 0 285387 0 0 0 Raymond M Asad CFO and Secretary of the Board 250000 0 0 0 1677 0 5000 0 631 0 257308 0 0 0 Theopolis Cosse Dean of School of Psychology (part year) 241988 0 0 0 4953 0 5000 0 1773 0 253714 0 0 0 Alexis Abernathy Chief Academic Officer 193797 0 0 0 3151 0 3800 0 8224 0 208972 0 0 0 Sebastian Kim Interim Dean of School of Mission and Theology 99116 0 0 0 2356 0 8346 0 55785 0 165603 0 0 0 Jeffrey Harwell Chief Technology Officer 133912 0 0 0 183 0 2700 0 22862 0 159657 0 0 0 Lance Griffin General Counsel 209100 0 0 0 2277 0 4500 0 37104 0 252981 0 0 0 Jacob Mulder Assistant Chief of Leadership Formation 185163 0 0 0 165 0 2700 0 25643 0 213671 0 0 0 Bernadette J O'Halloran Chief of HR ganizational Development 155948 0 0 0 356 0 3300 0 22784 0 182388 0 0 0 Kenneth Tzuchien Wang Professor 154253 0 0 0 288 0 2056 0 24316 0 180913 0 0 0 Lisseth Rojas-Flores Professor 153174 0 0 0 579 0 2165 0 22980 0 178898 0 0 0 Schedule J, Part I, Line 1a First-class or charter travel At times it is deemed necessary for the President, David Goatley, to travel first class due to length of travel and/or meeting preparation time required while in flight. The Seminary considers these instances as business related and therefore it is not included in taxable compensation. Schedule J, Part I, Line 1a Travel for companions The Seminary occasionally reimbursed the President, David Goatley and wife, Pamela Goatley for travel expenses when there is a bonafide business purpose for the spouse to travel to a function or meeting. This is not included in taxable compensation. Schedule J, Part I, Line 1a Housing allowance or residence for personal use Pursuant to Internal Revenue Code Section 107, ministerial housing allowances are provided for qualifying ministerial employees. This is not included in taxable compensation. The President Emeritus (Mark Labberton) and Interim Dean of SMT (Sebastian Kim) met the qualifications for and received a ministerial housing allowance during the tax year. As a condition of employment, and as a convenience to the University, the President, David Goatley, is provided a home located in close proximity to the University. The home is provided as a nontaxable benefit to the President. Schedule J, Part I, Line 1a Personal services The President, David Goatley, is provided with maid services because he hosts functions for the Seminary at his place of residence. This benefit is not included in taxable income. Alexis Abernethy Chief Academic Officer Housing X 100000 100000 false true true Sebastian Kim Interim Dean of School of Mission and Theology Housing X 450000 450000 false true true 550000 X 7 Selling cost X 406 545069 Market value 0 false true false Schedule M, Part I The number of contributions represent the number of contributions received, not the number of items donated. Form 990, Part VI, Line 15 Process to establish compensation The Organization receives from The Association of Theological Schools & The Commission on Accrediting a special purpose report titled "Institutional Peer Profile Report." This report references operating statistics, including salary ranges for all executives, faculty, and staff. The report compares the Organization to a customized list of 20 comparable accredited institutions. Data from this report is utilized by the Executive Committee of the Board of Trustees to set executive salary ranges in a closely competitive and resource limited environment with consideration of effective performance of the individuals. The final decisions are reflected in the compensation packet provided to the President and all officers which would reference approval of the contract in the Executive Committee minutes. Form 990, Part VI, Line 1a Delegate broad authority to a committee The Executive Committee is made up of 10 Trustees and includes the 3 major operational officers. The Executive Committee is authorized to exercise the power and authority of the board between meetings of the board subject to limitation imposed by law or the board. The Executive Committee, however, shall have no power to elect new trustees, select a President or other chief executive officer, or approve any amendment of the Articles of Incorporation or bylaws. Form 990, Part VI, Line 11b Review of form 990 by governing body Form 990 is prepared by an independent CPA firm and reviewed in detail by the Controller and the office of the CFO. The Controller then provides a complete copy of the return to the chair of the audit committee and to all audit committee members for review. The audit committee follows up with the Controller and CFO on any questions that may arise and a meeting is held to discuss the Form 990 with the Controller, CFO, and independent CPA firm. Once all questions are adequately addressed and all corrections made, the audit committee approves the Form 990 and the Chair of the audit committee recommends approval by the full Board of Trustees. The redacted Form 990 is then provided to the full Board of Trustees prior to filing the return. A full copy of Form 990 would be provided to the Board of Trustees upon request. Form 990, Part VI, Line 12c Conflict of interest policy Annually, officers, trustees, and key employees are required to read the conflict of interest policy and to sign and return a completed conflict of interest statement. These are reviewed by the Director of Compliance & Risk Management. Throughout the year, any transactions undertaken by the Seminary are reviewed for instances of conflict of interest prior to entering into the agreement/transactions. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Line 19 Required documents available to the public The governing documents, conflict of interest policy, and financial statements are made available upon request. In addition, our tax return is posted on Guidestar and both our annual audit and tax returns (both the Form 990 and 990-T) are available through our Fuller (external) and Portico (Internal) websites. Form 990, Part VII, Section A, Line 1a, Column (F) Compensation reported in Part VII, column D and Schedule J, Part II, column B is the amount reported on the individual's W-2, box 1 or 5 (whichever amount is greater) per the IRS instructions. In the case of minister's compensation when box 5 of the W-2 is not applicable, box 1 compensation is used. Employee deferrals to qualified retirement plans are normally captured in box 5, not box 1 of Form W-2. For reporting purposes we have included the minister's retirement plan deferrals in Part VII, column F and Schedule J, Part II, column C. Form 990, Part IX, Line 11g Other Fees The Fuller Foundation Services Agreement - Total Expense: 2692725, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: 2692725; Consultants/contractors - Total Expense: 3492296, Program Service Expense: 2994355, Management and General Expenses: 497941, Fundraising Expenses: ; Other fees for services - Total Expense: 1089635, Program Service Expense: 959207, Management and General Expenses: 130428, Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Change in value of interest rate swaps - -676582; Change in investments held by a related party - 3871515; Change in beneficial interests in trusts of financially interralated entity - 1386948; CGF Properties LLC 135 N Oakland Ave Pasadena CA 91101 Support of Fuller Theological Seminary CA 3825348 27900000 Fuller Theological Seminary CEF Properties LLC 135 N Oakland Ave Pasadena CA 91101 Support of Fuller Theological Seminary CA 0 0 Fuller Theological Seminary Fuller Endowment Fund LLC 135 N Oakland Ave Pasadena CA 91182 352579788 Investment of endowment funds CA Fuller Theological Seminary Excluded 4128009 95200125 false -10943 false 0.0072 Charitable Remainder Unitrust (4) Beneficial Interest in Charitable Remainder Unitrust CA Fuller Theological Seminary true Charitable Remainder Annuity Trust (2) Beneficial Interest in Charitable Remainder Annuity Trust CA Fuller Theological Seminary true true false false false false true false false false false false false false false false false false true true Charitable Remainder Unitrust (4) A 13133 Cash Charitable Remainder Annuity Trust (2) A 1898 Cash Charitable Remainder Annuity Trust (2) F 60607 Cash Fuller Endowment Fund LLC R 7804092 Cash Fuller Endowment Fund LLC S 5954669 Cash