2025-05-14T14:04:49-05:00 2024-06-30 135565207 KPMG LLP 500 W 5TH STREET SUITE 800 WINSTONSALEM NC 27101 990 2023-07-01 580566205 MOREHOUSE COLLEGE MORE 4706390999 830 WESTVIEW DRIVE SW ATLANTA GA 30314 UNDRIA STALLING SEN VP, BUS, FIN/CFO 4706390999 2025-05-14 1 0 WHITNEY B HEBRON P01226647 3362753394 2023 2025-03-06 01:10:19Z DR DAVID A THOMAS 830 WESTVIEW DRIVE SW ATLANTA GA 30314 242276993 0 X WWW.MOREHOUSE.EDU X 1867 GA SEE SCHEDULE O 31 30 1038 758 114749 0 38134613 69507665 70410384 77213160 7011305 8135007 26041906 28230612 141598208 183086444 26722461 30258006 0 0 54157125 60892255 10000 0 11681797 60188489 72456803 141078075 163607064 520133 19479380 487776097 532754787 19950009 24315150 467826088 508439637 X SEE SCHEDULE O 0 0 71171190 100393722 PROVIDING HIGHER EDUCATION TO STUDENTS UNDER A DEGREE PROGRAM. INSTRUCTION TO OVER 2,100 UNDERGRADUATE STUDENTS IN CURRICULA SUCH AS EDUCATION, SCIENCES, HUMANITIES, AND MATH. THE COLLEGE PROVIDES ITS STUDENTS WITH THE HIGHEST QUALITY OF EDUCATION IN AN ACADEMICALLY PROGRESSIVE ENVIRONMENT. 29921985 29921985 PROVIDING SCHOLARSHIPS TO DESERVING STUDENTS. THOUGH STUDENT AID, THE COLLEGE OFFERS SUPPORT IN THE FORM OF SCHOLARSHIPS, GRANTS, LOANS, AND WORK STUDY TO STUDENTS BASED ON FINANCIAL NEED TO ALLOW STUDENTS A COLLEGE EDUCATION WHO MAY NOT OTHERWISE BE ABLE TO ATTEND. 9894893 CONDUCTING RESEARCH AND OTHER ACADEMIC PROGRAMS FOR THE BENEFIT OF ITS STUDENT BODY AND THE GENERAL PUBLIC. 110988068 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 1 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 916 0 1038 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 31 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X UNDRIA STALLING 4706390999 830 WESTVIEW DRIVE SW ATLANTA GA 30314 DR DAVID A THOMAS PRESIDENT 40.00 X X 625000 0 47260 MR JUSTIN BAYLESS TRUSTEE 1.00 X 0 0 0 MR SCOTT A BOLDEN TRUSTEE 1.00 X 0 0 0 DR JEFFREY BRENZEL TRUSTEE 1.00 X 0 0 0 MR JAMES CASSELBERRY JR TRUSTEE 1.00 X 0 0 0 MR ALLEN M CHAN TRUSTEE 1.00 X 0 0 0 REV DELMAN COATES TRUSTEE 1.00 X 0 0 0 MR CHRISTOPHER B COWAN TRUSTEE 1.00 X 0 0 0 MR JAVARRO EDWARDS CHAIR, ALUM RELATIONS & ENG CMTE 1.00 X 0 0 0 MR ALAN H FLEISHMANN TRUSTEE 1.00 X 0 0 0 DR EDDIE GLAUDE TRUSTEE 1.00 X 0 0 0 MRS VALERIE S GRANT TRUSTEE 1.00 X 0 0 0 MR DOUG HERTZ TRUSTEE 1.00 X 0 0 0 MR FRED HUMPHRIES TRUSTEE 1.00 X 0 0 0 DR DUANE JACKSON TRUSTEE 1.00 X 0 0 0 DR HANDY JEFFEREY TRUSTEE 1.00 X 0 0 0 MR SAMUEL R JOHNSON TRUSTEE 1.00 X 0 0 0 MR MONTOGOMERY KAMAR TRUSTEE 1.00 X 0 0 0 DR TASSIE KEISHA TRUSTEE 1.00 X 0 0 0 MRS JENNIFER MANN TRUSTEE 1.00 X 0 0 0 MR HAROLD MARTIN JR TRUSTEE 1.00 X 0 0 0 MR JOHN O'NEILL TRUSTEE 1.00 X 0 0 0 MR VERDUN PERRY TRUSTEE 1.00 X 0 0 0 MR JACKSON JR ROLLIN TRUSTEE 1.00 X 0 0 0 MR JUSTICE ROSS TRUSTEE 1.00 X 0 0 0 DR RUTH SIMMONS TRUSTEE 1.00 X 0 0 0 MR RICHARD THALER JR TRUSTEE 1.00 X 0 0 0 MR MATHIEU TYLER TRUSTEE 1.00 X 0 0 0 DR R OWEN WILLIAMS TRUSTEE 1.00 X 0 0 0 MS ULRICA WILSON TRUSTEE 1.00 X 0 0 0 MR WILLIE WOODS TRUSTEE 1.00 X 0 0 0 UNDRIA STALLING CFO & SVP BUSINESS & FINANCE 40.00 X 268955 0 32442 HODAN HASSAN VP INSTITUTIONAL ADVANCEMENT 40.00 X 146533 0 0 BRENDA WILSON-HALE VP INSTITUTIONAL ADVANCEMENT 40.00 X 132000 0 0 KENDRICK BROWN PROVOST & SVP ACADEMIC AFFAIRS 40.00 X 303000 0 28288 KAREN MILLER CAO & SVP COLLEGE SECRETARY 40.00 X 298646 0 27600 KIMBERLEY JONES CIO & VP IT SERVICES 40.00 X 209975 0 24704 PAULA RESLEY CBO & VP STRATEGIC COMM M&A 40.00 X 207050 0 22104 KEVIN BOOKER DEAN OF COLLEGE & VP STUDENT SERVICES 40.00 X 184997 0 27405 HENRY GOODGAME VP EXTERNAL & ALUMNI RELATIONS 40.00 X 193466 0 27440 KINNIS GOSHA PROFESSOR 40.00 X 244002 0 24748 JUANA MENDENHALL PROFESSOR 40.00 X 225122 0 34975 CYNTHIA TRAWICK TRIO DIRECTOR 40.00 X 218121 0 39067 SHERRHONDA GIBBS PROFESSOR, BUSINESS ADMIN TENURE 40.00 X 226250 0 23368 NINA GILBERT EXECUTIVE DIRECTOR OF EXCELLENCE 40.00 X 216062 0 22961 3699179 0 382362 87 0 1 0 ARAMARK FACILITY SERVICES LLC PO BOX 978839 DALLAS TX 75397 FACILITY OPERATIONS 12832954 ARAMARK 830 WESTVIEW DRIVE ATLANTA GA 30314 FOOD SERVICES 5269805 HUMPHRIES AND COMPANY LLC 4581 SOUTH COBB DRIVE STE 200 SMYRNA GA 30080 CONSTRUCTION SERVICES 5031462 TIAA-CREF PO BOX 935026 ATLANTA GA 31193 FINANCIAL SERVICES 3824681 BANK OF AMERICA PO BO 15731 WILMINGTON DE 19886 FINANCIAL SERVICES 3738297 78 637281 15385452 53484932 69507665 TUITION AND FEES 900099 77213160 77213160 77213160 6974196 114749 6859447 59920948 58760137 1160811 1160811 1160811 0 637281 430412 -430412 -430412 AUXILIARY SERVICES 900099 23180562 23180562 OTHER INCOME 900099 5480462 5480462 28661024 183086444 100393722 114749 13070308 29921985 29921985 336021 336021 15197805 5573141 8974664 650000 32882339 24980956 7052283 849100 2051500 1538625 451330 61545 7479725 4487835 2767498 224392 3280886 2526282 590560 164044 1994691 1994691 881244 881244 1250690 1250690 8683172 8683172 457523 224186 150983 82354 6145724 1950348 3308793 886583 146141 146141 3890283 2917712 972571 5538896 4043394 1329335 166167 6427695 2571078 3856617 3098388 15492 3082896 PROFESSIONAL FEES 19970377 13147427 6315290 507660 FOOD SERVICE 7103217 6026903 1076314 UNIVERSITY CENTER EXPEN 3253269 2830344 422925 EQUIP. RENTAL & MAINT. 1665078 800736 857349 6993 1950415 999001 884282 67132 163607064 110988068 40937199 11681797 50984433 79752116 6898719 12603699 5523596 5001437 1480257 877903 907874 2277901 310113200 139985446 168941161 170127754 139313798 139316916 112902791 122223137 823468 573924 487776097 532754787 11108185 14858168 181366 742149 473037 3141497 5000000 3187421 5573336 19950009 24315150 X 180334055 176578512 287492033 331861125 467826088 508439637 487776097 532754787 19479380 21134169 0 X 0 1 X 1 1 1 X 119205707 138271661 56384763 38134613 69507665 421504409 119205707 138271661 56384763 38134613 69507665 421504409 52420286 369084123 3832693 3434008 1988066 8163724 6974196 24392687 82267 107474 189741 37014225 15592645 22539235 26434575 28661024 130241704 576328541 335693644 0.64040 0.62190 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 19,879,299. 2020 AMOUNT: $ 8,622,061. 2021 AMOUNT: $ 1,681,843. 2022 AMOUNT: $ 4,273,302. 2023 AMOUNT: $ 5,480,462. AUXILIARY SERVICES - 2019 AMOUNT: $ 17,134,926. 2020 AMOUNT: $ 6,970,584. 2021 AMOUNT: $ 20,857,392. 2022 AMOUNT: $ 22,161,273. 2023 AMOUNT: $ 23,180,562. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2490036 X 0 254125270 4694407 24817827 16950973 3293163 263393368 246017759 808561 20488975 10622302 2567723 254125270 278037237 6434047 -28623452 9830073 246017759 157080773 74204172 52960956 6208664 278037237 156082460 7989579 -386592 6604674 157080773 0.11780 0.46170 0.42040 0 0 18031716 18031716 226172565 102405168 123767397 51157549 37321800 13835749 14751370 258478 14492892 170127754 PRIVATE EQUITY FUNDS 74128636 F REAL ASSET FUNDS 132701 F CASH AND CASH EQUIVALENTS 10550542 F HEDGE FUNDS 37411258 F 122223137 ASSET RETIREMENT OBLIGATIONS 2215154 OPERATING LEASE LIABILITIES 333657 CAPITAL LEASE OBLIGATION 287481 COMMITMENTS AND CONTIGENCIES 2737044 5573336 X 174729040 21134169 430412 21564581 153164459 29921985 29921985 183086444 134115491 430412 430412 133685079 29921985 29921985 163607064 PART X, LINE 2: ASC 740 DISCLOSURE THE COLLEGE IS RECOGNIZED AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (THE CODE) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 512(A) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. THE COLLEGE'S MANAGEMENT HAS REVIEWED ITS TAX POSITIONS AND DETERMINED THAT IT DOES NOT HAVE MATERIAL UNCERTAIN TAX POSITIONS THAT SHOULD BE REFLECTED IN THE FINANCIAL STATEMENTS FOR 2024 OR 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE RECLASS 430,412. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID 29,921,985. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE RECLASS 430,412. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID 29,921,985. SCHEDULE D PART III LINE 4 ART COLLECTIONS MAINTAINING AN ART COLLECTION BY THE ORGANIZATION SERVES COLLEGE, COMMUNITY, STATE, AND NATIONAL AUDIENCES BY COLLECTING, PRESERVING, PRESENTING, AND INTERPRETING THE WORK OF ARTISTS. THE ORGANIZATION ENCOURAGES AESTHETIC AND CRITICAL AWARENESS BY ENGAGING IN RESEARCH, SCHOLARSHIP, AND COMMUNITY OUTREACH, AND THE DEVELOPMENT OF PUBLICATIONS, EXHIBITIONS, AND EDUCATION PROGRAMS. THROUGH THESE VARIED ACTIVITIES, THE ART COLLECTION PROVIDES A FORUM FOR ART, ARTISTS, AND AUDIENCES WHICH ENHANCES THE LIFE OF THE ORGANIZATION AND COMMUNITY AND BRINGS NATIONAL ATTENTION TO THE ORGANIZATION. SCHEDULE D PART V LINE 4 ENDOWMENT FUND USES THE COLLEGE FOLLOWS THE PROVISIONS OF ASC SUBTOPIC 958-205, PRESENTATION OF FINANCIAL STATEMENTS RELATIVE TO ITS ENDOWMENT. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 RACIALLY NONDISCRIMINATORY POLICY MOREHOUSE COLLEGE PUBLISHES ITS NONDISCRIMINATORY POLICIES IN NUMEROUS DOCUMENTS OF THE COLLEGE INCLUDING THE SCHOOL CATALOG, STUDENT HANDBOOK REGISTRATION POSTERS, AND NEWSPAPER ADVERTISEMENTS. SCHEDULE E, PART I, LINE 6 FINANCIAL ASSISTANCE FROM A GOVERNMENT AGENCY STUDENTS RECEIVED $7,258,849 FROM THE FEDERAL PELL GRANT PROGRAM AND $38,045,698 FROM THE FEDERAL DIRECT STUDENT LOAN PROGRAM FOR THE CURRENT FISCAL YEAR. IN ADDITION, VARIOUS FEDERAL, STATE AND LOCAL GRANTS HAVE BEEN RECEIVED TO SUPPORT THE PROGRAMS OF MOREHOUSE COLLEGE. 1 SUB-SAHARAN AFRICA 0 0 GRANTMAKING 126140 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING 89256 SOUTH ASIA 0 0 GRANTMAKING 11700 NORTH AMERICA 0 0 GRANTMAKING 58650 SOUTH AMERICA 0 0 GRANTMAKING 50275 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 9018825 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 16858747 0 0 0 0 0 0 26213593 0 26213593 SUB-SAHARAN AFRICA STUDY ABROAD 126140 ACH/WIRE TRANSFER/CHECK 0 EUROPE (INCLUDING ICELAND & GREENLAND) STUDY ABROAD 89256 ACH/WIRE TRANSFER/CHECK 0 SOUTH ASIA STUDY ABROAD 11700 ACH/WIRE TRANSFER/CHECK 0 NORTH AMERICA STUDY ABROAD 58650 ACH/WIRE TRANSFER/CHECK 0 SOUTH AMERICA STUDY ABROAD 50275 ACH/WIRE TRANSFER/CHECK 0 5 1 0 1 1 1 0 PART I, LINE 2: PROCEDURES FOR MONITORING GRANTS & OTHER ASSISTANCE OUTSIDE THE U.S. THE COLLEGE MAINTAINS A CUSTODIAL ACCOUNT FOR FUNDS RAISED AND CONTRIBUTED BY STUDENTS AND FACULTY WHO WILL BE PARTICIPATING IN STUDY ABROAD PROGRAMS. AS A STUDY ABROAD PROGRAM IS PLANNED, THE FACULTY SPONSOR COMPILES THE LIST OF STUDENTS THAT WILL ATTEND AND THE COST OF THE PROGRAM (INCLUDING, BUT NOT LIMITED TO, PROGRAM TUITION AND MATERIALS, TRAVEL, LODGING, ETC.). THE COLLEGE THEN TRANSFERS THE FUNDS FOR THE PROGRAM TO A LOCAL IN-COUNTRY TRAVEL ORGANIZATION TO ORGANIZE THE PROGRAM LOGISTICS AND PAYMENTS ON BEHALF OF THE STUDY ABROAD ATTENDEES. THE ORGANIZATION MAINTAINS DETAILED RECORDS OF EXPENDITURES MADE FOR ALL STUDY ABROAD FUNDS DISPERSED. PART I, LINE 3: THE ACCOUNTING METHOD USED TO ACCOUNT FOR THE INVESTMENTS AND EXPENDITURES REPORTED ON PART I IS THE ACCRUAL METHOD. X X X X X X X 1 RH BOLTON 1380 AUDOBON COURT ATLANTA GA 30311 GALA CONSULTANT 0 637281 21892 615389 637281 21892 615389 GA CANDLE GALA 637281 637281 197214 3577 74446 155175 637281 637281 197214 3577 74446 155175 430412 -430412 1 SCHOLARSHIP & STUDENT AID 4302 29921985 0 N/A N/A SCHEDULE I PART I LINE 2 GRANT SUBSTANTIATION THE ORGANIZATION FOLLOWS FEDERAL, STATE AND INSTITUTIONAL GUIDELINES AND METHODOLOGIES FOR DETERMINING ELIGIBILITY AND AWARDING OF NEED-BASED FINANCIAL AID. FOR MERIT-BASED GRANTS, THE ORGANIZATION AWARDS THE GRANTS IN COMPLIANCE WITH THE STIPULATIONS OF THE UNDERLYING GOVERNING INSTRUMENT (I.E. DONOR ENDOWMENT AGREEMENTS, AND OTHER DONOR DOCUMENTATION). THE ORGANIZATION MAINTAINS DETAILED RECORDS OF COMPLIANCE FOR ALL GRANTS DISPERSED. ASSISTANCE TO MOREHOUSE COLLEGE STUDENTS IN THE FORM OF SCHOLARSHIPS ARE AWARDED FOR THE PURPOSE OF AIDING WITH THE COST OF ATTENDING THE COLLEGE, I.E. FOR TUITION, HOUSING, AND MEALS. SCHOLARSHIPS ARE BASED ON ACADEMIC ACHIEVEMENT, NEED, AND OTHER DONOR REQUIREMENTS SUCH AS LOCATION OF RESIDENCE. MOREHOUSE COLLEGE HAS CRITERIA FOR THE ELIGIBILITY REQUIREMENTS NEEDED TO AWARD A SCHOLARSHIP. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 DR DAVID A THOMAS PRESIDENT 525000 0 100000 0 0 0 31500 0 15760 0 672260 0 0 0 KENDRICK BROWN PROVOST & SVP ACADEMIC AFFAIRS 303000 0 0 0 0 0 18180 0 10108 0 331288 0 0 0 KAREN MILLER CAO & SVP COLLEGE SECRETARY 298646 0 0 0 0 0 17919 0 9681 0 326246 0 0 0 UNDRIA STALLING CFO & SVP BUSINESS & FINANCE 268955 0 0 0 0 0 16137 0 16305 0 301397 0 0 0 KINNIS GOSHA PROFESSOR 244002 0 0 0 0 0 14640 0 10108 0 268750 0 0 0 JUANA MENDENHALL PROFESSOR 225122 0 0 0 0 0 9005 0 25970 0 260097 0 0 0 CYNTHIA TRAWICK TRIO DIRECTOR 214921 0 3200 0 0 0 12895 0 26172 0 257188 0 0 0 SHERRHONDA GIBBS PROFESSOR, BUSINESS ADMIN TENURE 221000 0 5250 0 0 0 13260 0 10108 0 249618 0 0 0 NINA GILBERT EXECUTIVE DIRECTOR OF EXCELLENCE 214217 0 1845 0 0 0 12853 0 10108 0 239023 0 0 0 KIMBERLEY JONES CIO & VP IT SERVICES 209975 0 0 0 0 0 8399 0 16305 0 234679 0 0 0 PAULA RESLEY CBO & VP STRATEGIC COMM M&A 207050 0 0 0 0 0 12423 0 9681 0 229154 0 0 0 HENRY GOODGAME VP EXTERNAL & ALUMNI RELATIONS 193466 0 0 0 0 0 11608 0 15832 0 220906 0 0 0 KEVIN BOOKER DEAN OF COLLEGE & VP STUDENT SERVICE 184997 0 0 0 0 0 11100 0 16305 0 212402 0 0 0 SCHEDULE J PART I LINE 1A CERTAIN BENEFITS PROVIDED A HOUSE IS PROVIDED TO THE PRESIDENT, AT THE CONVENIENCE OF THE EMPLOYER AS A CONDITION OF EMPLOYMENT. THE ESTIMATED VALUE WAS NOT INCLUDED IN TAXABLE INCOME. SCHEDULE J PART I LINE 3 COMPENSATION OF THE TOP MANAGEMENT OFFICIAL PRESIDENT/CEO'S COMPENSATION 1. ANNUALLY THE PRESIDENT ESTABLISHES HIS PERFORMANCE GOALS IN CONSULTATION WITH THE EXECUTIVE COMMITTEE AND THE BOARD OF TRUSTEES. 2. ANNUALLY THE PRESIDENT REVIEWS HIS PROGRESS ON THOSE GOALS WITH THE EXECUTIVE COMMITTEE WHO DOCUMENTS A PERFORMANCE REVIEW WITH THE PRESIDENT. 3. PERIODICALLY, THE EXECUTIVE COMMITTEE PERFORMS A COMPARATIVE REVIEW OF THE PRESIDENT'S COMPENSATION AGAINST THE ORGANIZATION'S PEER INSTITUTIONS. 4. PERIODICALLY AND IN CERTAIN CASES (I.E. THE ARRIVAL OF A NEW PRESIDENT), AN OUTSIDE COMPENSATION CONSULTANT MAY ADVISE THE EXECUTIVE COMMITTEE ON PRESIDENTIAL COMPENSATION. 5. BASED ON THE ABOVE, THE EXECUTIVE COMMITTEE ESTABLISHES THE PRESIDENT'S COMPENSATION FOR THE FOLLOWING YEAR. 6. THE EXECUTIVE COMMITTEE DOCUMENTS THE REASONS FOR ESTABLISHING THE NEW COMPENSATION AMOUNT. 7. THE EXECUTIVE COMMITTEE THEN RENEWS THE PRESIDENT'S CONTRACT FOR AN ADDITIONAL TERM AT THE NEW COMPENSATION LEVEL. SCHEDULE J PART I LINE 4B SUPPLEMENTAL NONQUALIFIED PLAN THE ORGANIZATION HAS A 457(B) DEFERRED COMPENSATION PLAN, LIMITED TO MANAGEMENT OR HIGHLY COMPENSATED EMPLOYEES. PURSUANT TO THE SCHEDULE J INSTRUCTIONS THE LINE IS MARKED NO. THE DEFERRED COMPENSATION IS INVESTED WITH TIAA-CREF AND IS CONSIDERED THE ORGANIZATION'S PROPERTY UNTIL THE EMPLOYEE WITHDRAWS THE FUNDS. THE NON-VESTED AMOUNTS ARE INCLUDED IN THE DEFERRED COMPENSATION OF THE EMPLOYEE. FORM 990 PART I, LINE 1 MOREHOUSE COLLEGE IS A HISTORICALLY BLACK COLLEGE WHOSE MISSION IS TO DEVELOP MEN WITH DISCIPLINED MINDS WHO WILL LEAD LIVES OF LEADERSHIP AND SERVICE. FORM 990 PART III, LINE 1 THE MISSION OF MOREHOUSE COLLEGE IS TO DEVELOP MEN WITH DISCIPLINED MINDS WHO WILL LEAD LIVES OF LEADERSHIP AND SERVICE. A PRIVATE HISTORICALLY BLACK LIBERAL ARTS COLLEGE FOR MEN, MOREHOUSE REALIZES THIS MISSION BY EMPHASIZING THE INTELLECTUAL AND CHARACTER DEVELOPMENT OF ITS STUDENTS. IN ADDITION, THE COLLEGE ASSUMES SPECIAL RESPONSIBILITY FOR TEACHING THE HISTORY AND CULTURE OF BLACK PEOPLE. FOUNDED IN 1867 AND LOCATED IN ATLANTA, GEORGIA, MOREHOUSE IS AN ACADEMIC COMMUNITY DEDICATED TO TEACHING, SCHOLARSHIP, AND SERVICE, AND THE CONTINUING SEARCH FOR TRUTH AS A LIBERATING FORCE. AS SUCH, THE COLLEGE OFFERS INSTRUCTIONAL PROGRAMS IN THREE DIVISIONS - BUSINESS AND ECONOMICS, HUMANITIES AND SOCIAL SCIENCES, AND SCIENCE AND MATHEMATICS - AS WELL AS EXTRACURRICULAR ACTIVITIES THAT: 1. DEVELOP SKILLS IN ORAL AND WRITTEN COMMUNICATIONS, ANALYTICAL AND CRITICAL THINKING, AND INTERPERSONAL RELATIONSHIPS; 2. FOSTER AN UNDERSTANDING AND APPRECIATION OF WORLD CULTURES, ARTISTIC AND CREATIVE EXPRESSION, AND THE NATURE OF THE PHYSICAL UNIVERSE; 3. PROMOTE UNDERSTANDING AND APPRECIATION OF THE SPECIFIC KNOWLEDGE AND SKILLS NEEDED FOR THE PURSUIT OF PROFESSIONAL CAREERS AND/OR GRADUATE STUDY, AND; 4. CULTIVATE THE PERSONAL ATTRIBUTES OF SELF-CONFIDENCE, TOLERANCE, MORALITY, ETHICAL BEHAVIOR, SPIRITUALITY, HUMILITY, A GLOBAL PERSPECTIVE, AND A COMMITMENT TO SOCIAL JUSTICE. THE COLLEGE SEEKS ALL (OR ANY) STUDENTS WHO ARE WILLING TO CARRY THE TORCH OF EXCELLENCE AND WHO ARE WILLING TO PAY THE PRICE OF GAINING STRENGTH AND CONFIDENCE BY CONFRONTING ADVERSITY, MASTERING THEIR FEARS, AND ACHIEVING SUCCESS BY EARNING IT. IN PURSUIT OF ITS MISSION, MOREHOUSE CHALLENGES ITSELF TO BE AMONG THE VERY FINEST LIBERAL ARTS INSTITUTIONS IN THE WORLD. FORM 990, PART VI, SECTION B, LINE 11B BOARD REVIEW OF FORM 990 THE ORGANIZATION'S INDEPENDENT ACCOUNTANT PREPARED THE CURRENT YEAR TAX RETURN AND THIS WAS REVIEWED PRIOR TO FILING BY THE ORGANIZATION'S MANAGEMENT AND THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. A COPY OF THE FORM 990 WAS SENT TO THE BOARD OF TRUSTEES VIA EMAIL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY THE ORGANIZATION REQUIRES ALL BOARD MEMBERS TO CONFIRM THEY ARE IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY EACH YEAR THROUGH AN AFFIRMATION OF COMPLIANCE WITH THE POLICY THROUGH EMAIL OR SOME OTHER ACCEPTABLE COMMUNICATION MEDIUM. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION PRESIDENT/CEO'S COMPENSATION 1. ANNUALLY THE PRESIDENT ESTABLISHES HIS PERFORMANCE GOALS IN CONSULTATION WITH THE COMPENSATION COMMITTEE AND THE BOARD OF TRUSTEES. 2. ANNUALLY THE PRESIDENT REVIEWS HIS PROGRESS ON THOSE GOALS WITH THE COMPENSATION COMMITTEE WHO DOCUMENTS A PERFORMANCE REVIEW WITH THE PRESIDENT. 3. PERIODICALLY, THE COMPENSATION COMMITTEE PERFORMS A COMPARATIVE REVIEW OF THE PRESIDENT'S COMPENSATION AGAINST THE ORGANIZATION'S PEER INSTITUTIONS. 4. PERIODICALLY AND IN CERTAIN CASES (I.E. THE ARRIVAL OF A NEW PRESIDENT), AN OUTSIDE COMPENSATION CONSULTANT MAY ADVISETHE COMPENSATION COMMITTEE ON PRESIDENTIAL COMPENSATION. 5. BASED ON THE ABOVE, THE COMPENSATION COMMITTEE ESTABLISHES THE PRESIDENT'S COMPENSATION FOR THE FOLLOWING YEAR. 6. THE COMPENSATION COMMITTEE DOCUMENTS THE REASONS FOR ESTABLISHING THE NEW COMPENSATION AMOUNT. 7. THE COMPENSATION COMMITTEE THEN RENEWS THE PRESIDENT'S CONTRACT FOR AN ADDITIONAL TERM AT THE NEW COMPENSATION LEVEL. OTHER OFFICERS MOREHOUSE COLLEGE HAS A POLICY FOR REVIEW AND APPROVAL FOR OFFICER AND KEY EMPLOYEE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC THE ORGANIZATION'S GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND ANY SUBSEQUENT AMENDMENTS) ARE AVAILABLE TO THE PUBLIC ON THE GEORGIA SECRETARY OF STATE WEBSITE. ALL RELEVANT GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990 PART VI LINE 16A JOINT VENTURES THE ORGANIZATION INVESTS IN PARTNERSHIPS THAT MAY BE CONSTRUED TO BE JOINT VENTURES. THE ORGANIZATION HAS ENACTED ADEQUATE SAFEGUARDS FOR ITS PARTNERSHIP INVESTMENTS TO ENSURE THAT THESE ACTIVITIES DO NOT JEOPARDIZE THE ORGANIZATION'S EXEMPT STATUS. 361 WESTVIEW DRIVE LLC 830 WESTVIEW DRIVE SW ATLANTA GA 30314 580566205 REAL ESTATE GA 0 422899 MOREHOUSE COLLEGE OAK LEAK LOWERY PROPERTIES LLC 830 WESTVIEW DRIVE SW ATLANTA GA 30314 580566205 REAL ESTATE GA 0 0 MOREHOUSE COLLEGE WHITE WESTSIDE REALTY LLC 830 WESTVIEW DRIVE SW ATLANTA GA 30314 580566205 REAL ESTATE GA 0 669161 MOREHOUSE COLLEGE HOWARD THURMAN EDUCATIONAL TRUST 830 WESTVIEW DR STE 109-7 ATLANTA GA 30324 946109302 SUPPORT GA 501(C)(3) LINE 9 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0