2023-04-10T12:32:17-05:00 2022-06-30 366055558 GRANT THORNTON LLP 2001 MARKET STREET STE 700 PHILADELPHIA PA 19103 990 2021-07-01 340714629 BALDWIN WALLACE UNIVERSITY BALD 4408268102 275 EASTLAND ROAD BEREA OH 440172088 SHARON VITAZ CONTROLLER 4408268102 2023-04-10 1 SHARON VITAZ 999009999 ALYCIA SOLECKI P01272637 2155614200 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z ROBERT C HELMER 275 EASTLAND ROAD BEREA OH 440172088 186981309 0 X WWW.BW.EDU X 1842 OH BALDWIN WALLACE UNIVERSITY PROVIDES UNDERGRADUATE HIGHER EDUCATION LEADING TO (SEE SCHEDULE O) THE BACHELOR DEGREE, AND GRADUATE EDUCATION AT THE MASTERS LEVEL IN SIX FIELDS. 36 36 2560 100 35118 16714 24496090 19524936 109997388 112504486 6101374 6896664 7223719 7063023 147818571 145989109 52140562 56378939 0 0 60850512 66161650 22650 0 2504991 32944096 34390864 145957820 156931453 1860751 -10942344 399770084 365601869 42964523 48409380 356805561 317192489 X SEE SCHEDULE OBALDWIN WALLACE UNIVERSITY IS AN ACADEMIC COMMUNITY COMMITTED TO THE LIBERAL ARTS AND SCIENCES AS THE FOUNDATION FOR LIFELONG LEARNING. THE UNIVERSITY FULFILLS THIS MISSION THROUGH A RIGOROUS ACADEMIC PROGRAM THAT IS CHARACTERIZED BY EXCELLENCE IN TEACHING AND LEARNING. IT MAINTAINS A CHALLENGING, SUPPORTIVE ENVIRONMENT THAT ENHANCES STUDENTS' INTELLECTUAL AND SPIRITUAL GROWTH. BALDWIN WALLACE ASSISTS STUDENTS IN THEIR PREPARATION TO BECOME CONTRIBUTING, COMPASSIONATE CITIZENS OF AN INCREASINGLY GLOBAL SOCIETY AND ENCOURAGES THEIR PURSUIT OF PERSONAL AND PROFESSIONAL EXCELLENCE. 0 0 61634838 0 103934328 EDUCATION OF 2,684 FULL-TIME UNDERGRADUATE STUDENTS, 152 PART-TIME UNDERGRADUATES, AND 496 GRADUATE STUDENTS, PLUS CERTIFICATE PROGRAMS AND FACULTY SCHOLARLY RESEARCH. UNDERGRADUATE DEGREES OFFERED ARE THE BACHELOR OF ARTS, BACHELOR OF FINE ARTS, BACHELOR OF SCIENCE, BACHELOR OF SCIENCE IN EDUCATION, BACHELOR OF MUSIC, BACHELOR OF MUSIC EDUCATION, AND BACHELOR OF SCIENCE IN NURSING. THE GRADUATE PROGRAMS LEAD TO THE DEGREES OF MASTER OF ACCOUNTANCY, MASTER OF ARTS IN EDUCATION, MASTER OF BUSINESS ADMINISTRATION, MASTER OF MEDICAL SCIENCE (PHYSICIAN ASSISTANT), MASTER OF PUBLIC HEALTH, AND MASTER OF SCIENCE (SPEECH LANGUAGE PATHOLOGY AND EXERCISE PHYSIOLOGY). 56378939 56378939 0 MERIT SCHOLARSHIPS AND NEED-BASED FINANCIAL AID GRANTS TO STUDENTS ACTIVELY ENROLLED IN THE UNIVERSITY. 22063671 0 14386507 AUXILIARY SERVICES AND ACTIVITIES FOR STUDENTS, INCLUDING RESIDENCE HALLS HOUSING 1,376 FULL-TIME STUDENTS, DINING HALLS, BOOKSTORE, ATHLETICS, STUDENT UNION, RECREATION CENTER, AND HEALTH CENTER. 140077448 1 1 0 0 0 1 0 1 0 1 1 1 0 1 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 264 0 1 2560 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 36 36 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CO MD MA MI NH OH SC X SHARON VITAZ 4408268102 275 EASTLAND ROAD BEREA OH 44017 AGNES P DOVER CHAIR 5.00 0.00 X X 0 0 0 LEE THOMAS VICE CHAIR 5.00 0.00 X X 0 0 0 STAN BALL TRUSTEE 2.00 0.00 X 0 0 0 DUANE BISHOP TRUSTEE 2.00 0.00 X 0 0 0 SUSAN BIXLER TRUSTEE 2.00 0.00 X 0 0 0 DONALD W BOGUS TRUSTEE 2.00 0.00 X 0 0 0 GEORGE BOYER TRUSTEE 2.00 0.00 X 0 0 0 PAUL H CARLETON TRUSTEE 2.00 0.00 X 0 0 0 WILLARD E CARMEL TRUSTEE 2.00 0.00 X 0 0 0 PAUL CLARK TRUSTEE 2.00 0.00 X 0 0 0 PAMELA DUNN CONNOLLY TRUSTEE 2.00 0.00 X 0 0 0 ROBIN C COTTINGHAM TRUSTEE 2.00 0.00 X 0 0 0 TIM COWEN TRUSTEE 2.00 0.00 X 0 0 0 RYAN R CROSS TRUSTEE 2.00 0.00 X 0 0 0 JAMES MILLER DAVIDSON TRUSTEE 2.00 0.00 X 0 0 0 RICHARD DESICH TRUSTEE 2.00 0.00 X 0 0 0 LUTUL D FARROW TRUSTEE 2.00 0.00 X 0 0 0 BANNETT GAINES TRUSTEE 2.00 0.00 X 0 0 0 DANIEL C HAGEN TRUSTEE 2.00 0.00 X 0 0 0 JOHN HOYT TRUSTEE 2.00 0.00 X 0 0 0 DAVID JENKINS TRUSTEE 2.00 0.00 X 0 0 0 KRIS SMEAGE TRUSTEE 2.00 0.00 X 0 0 0 JOHN KROPT TRUSTEE 2.00 0.00 X 0 0 0 DEBRA LYONS TRUSTEE 2.00 0.00 X 0 0 0 DAVID F MARTIN TRUSTEE 2.00 0.00 X 0 0 0 WADE I MASSAD TRUSTEE 2.00 0.00 X 0 0 0 EDWARD NAPOLEON JR TRUSTEE 2.00 0.00 X 0 0 0 PETER V NEFFENGER TRUSTEE 2.00 0.00 X 0 0 0 VINCENT K PETRELLA TRUSTEE 2.00 0.00 X 0 0 0 CHARLES E ROTUNO TRUSTEE 2.00 0.00 X 0 0 0 MALISSE SINITO TRUSTEE 2.00 0.00 X 0 0 0 MARK H SUMMERS TRUSTEE 2.00 0.00 X 0 0 0 WILLIAM B SUMMERS TRUSTEE 2.00 0.00 X 0 0 0 FLOYD A TROUTEN TRUSTEE 2.00 0.00 X 0 0 0 SUSAN ZANETTI TRUSTEE 2.00 0.00 X 0 0 0 CHRISTOPHER M ZITO TRUSTEE 2.00 0.00 X 0 0 0 ROBERT C HELMER PRESIDENT 50.00 0.00 X 391036 0 38625 PATRICK J DUNLAVY V.P. FOR PHIANTHROPY & ALUMN 50.00 0.00 X 224450 0 8557 STEPHEN D STAHL PROVOST 50.00 0.00 X 197143 0 25222 SCOTT SCHULZ V.P. FOR ENROLLMENT MNGMT 50.00 0.00 X 191391 0 22581 WILLIAM M RENIFF V.P. FOR FINANCE & ADMIN/ TREASURER 50.00 0.00 X 191555 0 16293 TIMEKA RASHID V.P FOR STUDENT AFFAIRS 50.00 0.00 X 111701 0 10322 MICHELLE MOSCARINO SECRETARY 5.00 0.00 X 0 0 0 SUSAN KUZNIK DEAN 45.00 0.00 X 172352 0 29157 COLLEEN VISCONTI PROFESSOR 45.00 0.00 X 179621 0 16204 JARED PENNINGTON ASSOCIATE DEAN 45.00 0.00 X 164835 0 29574 VICTORIA BUSSERT PROFESSOR 45.00 0.00 X 150713 0 21475 LINDA CHASE ASSOCIATE DEAN 45.00 0.00 X 154928 0 13335 2129725 0 231345 85 0 1 0 ALBERT M HIGLEY COMPANY 3636 EUCLID AVENUE CLEBELAND OH 44115 CONSTRUCTION 3846969 NORTH SHORE MECHANICALL 55 LOU GROZA BLVD BEREA OH 44017 HVAC 961873 DELL MARKETING LP ONE DELL WAY ROUND ROCK TX 78682 IT CONSULTANT 714230 ELLUCIAN COMPANY LP 4 COUNTRY VIEW ROAD MALVERN PA 193551408 IT CONSULTANT 497109 ARETE ADVISORS LLC 1500 GATEWAY BLVD STE 202 BOYNTON BEACH FL 334267233 CYBERSECURITY 319748 9 7314251 12210685 3377077 19524936 TUITION AND FEES 616000 102561370 102561370 STUDENT RESIDENCE HALLS 611710 8541062 8541062 SPONSORED PROG & RES 616000 1239211 1239211 CONCERT & THEATRE TICKET 711110 133747 133747 ATHLETIC TICKETS 711210 29096 29096 112504486 1105687 35118 1070569 100763 27045 73718 73718 73718 43580474 148445 37823233 114709 5757241 33736 5790977 5790977 8843562 3027213 5816349 5816349 LAUNDRY VENDING 812300 119025 119025 PARKING 812930 39360 39360 FACILITIES USE 900099 17307 17307 997264 997264 1172956 145989109 112504486 35118 13924569 56378939 56378939 1709455 237617 1208059 263779 48287313 40150745 6960643 1175925 1393596 1143329 213683 36584 11110850 9306282 1545267 259301 3660436 3003082 561263 96091 141663 141663 150000 150000 254813 254813 592529 291292 301237 999225 81223 918002 3229936 2017389 1087213 125334 1953670 1279111 575982 98577 15679 15679 7480946 7480946 1582553 1218209 266327 98017 196665 181075 9818 5772 984722 984722 11010722 10488689 435028 87005 864165 196163 668002 COVID PROTOCOLS 754074 754074 MEMBERSHIPS 376087 124625 251027 435 PLANT O&M SQ. FT. ALLOC 0 10811661 -10916368 104707 3803415 3152338 497613 153464 156931453 140077448 14349014 2504991 1513963 1399754 3992374 3674026 10048673 5190774 3571122 3212612 1505854 1663121 594768 1340618 320252524 154254144 162495520 165998380 180101061 135059972 11453156 25902631 2508375 2148418 21985218 20011563 399770084 365601869 5128858 7322798 1901810 2217288 8930000 7785000 17205107 21651027 9798748 9433267 42964523 48409380 X 122758014 112565124 234047547 204627365 356805561 317192489 399770084 365601869 -10942344 -28670728 0 X 0 1 X 1 1 1 X 27867444 12860414 23360018 24496090 19524936 108108902 27867444 12860414 23360018 24496090 19524936 108108902 21985246 86123656 7398255 7898020 2047907 640543 1144287 19129012 13335 20487 51589 -12784 16714 89341 127327255 622141729 0.67640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 500 57171 209485 1 1 X X X ART INSTRUCTION 0 185684102 2567838 -15761747 3177952 6037276 163274965 152459959 2852061 39246818 2904704 5970032 185684102 154306179 1876687 5416544 2794730 6344721 152459959 152280124 1541945 9696989 2639574 6573305 154306179 144510331 5504026 10330421 2499050 5565604 152280124 0.04000 0.96000 0 0 18358811 18358811 2908285 265395001 138653461 129649825 33590427 15600683 17989744 165998380 ALTERNATIVE FUNDS 25902631 F 25902631 BENEFICIAL INTERESTS IN PERPETUAL TRUSTS 17459357 OPERATING LEASES 2552206 20011563 ANNUITY OBLIGATIONS 3337392 LEASE OBLIGATIONS 2552206 US GOV. ADVANCES FOR PERKINS LOANS 1219764 ASSET IMPAIRMENT ESTIMATES 986506 SECURITIES PURCHASE 728591 FUNDS HELD FOR STUDENT GROUPS 608808 9433267 X 63993700 -28670728 3054258 -25616470 89610170 56378939 56378939 145989109 103606772 3054258 3054258 100552514 56378939 56378939 156931453 PART III, LINE 1A: FINANCIAL STATEMENT FOOTNOTE CONTRIBUTIONS...EXCEPT THAT CONTRIBUTIONS OF WORKS OF ART, HISTORICAL TREASURES, AND SIMILAR ASSETS HELD AS PART OF COLLECTIONS ARE NOT RECOGNIZED OR CAPITALIZED." THE UNIVERSITY RECEIVED NO SUCH GIFTS DURING THE TAX YEAR. PART III, LINE 4: DESCRIPTION OF ORGANIZATION'S COLLECTIONS THE UNIVERSITY'S ART COLLECTION CONSISTS OF PAINTINGS, DRAWINGS, SCULPTURES, LITHOGRAPHS, ENGRAVINGS, AND WOODCUTS. THE UNIVERSITY HAS AN ART DEPARTMENT THAT USES THESE MATERIALS IN INSTRUCTION AND SCHOLARLY RESEARCH. PART V, LINE 4: INTENDED USES OF ENDOWMENT FUNDS THE CONSISTENT USES OF THE UNIVERSITY'S ENDOWMENT ARE TO PROVIDE FUNDS FOR FACULTY SALARIES, THE PURCHASE OF LIBRARY BOOKS AND OTHER MEDIA, FINANCIAL AID GRANTS TO ENROLLED STUDENTS, AND GENERAL SUPPORT. PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE THE UNIVERSITY USES A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN. TAX PROVISIONS ARE EVALUATED FOR RECOGNITION, DERECOGNITION, AND MEASUREMENT USING CONSISTENT CRITERIA ABOUT THE UNCERTAINTY IN INCOME TAX ASSETS AND LIABILITIES.BASED ON UNIVERSITY'S EVALUATION, NO PROVISION FOR UNCERTAIN TAX POSITIONS IS REQUIRED AS OF JUNE 30, 2022 AND 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD AND RENTAL EXPENSE 3,054,258. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT REVENUE OFFSET BY FINANCIAL AID GRANTS 56,378,939. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD AND RENTAL EXOENSE 3,054,258. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID GRANTS 56,378,939. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 SEE SUPPLEMENTAL PAGE SCHEDULE E, PART I, LINE 3 PUBLICATION OF RACIALLY NONDISCRIMINATORY POLICY BALDWIN WALLACE UNIVERSITY DRAWS STUDENTS NATIONWIDE AND WORLDWIDE, BUT A SIGNIFICANT NUMBER COME FROM NORTHEAST OHIO. THEREFORE, THE UNIVERSITY ADVERTISES IN THIS AREA AND INCLUDES THE REV. PROC. 75-50 OR SIMILAR WORDING IN ALL ADVERTISEMENTS. FURTHERMORE, THE UNIVERSITY PLACES THE 4.03 NOTICE ANNUALLY IN THE PLAIN DEALER. SCHEDULE E, PART I, LINE 6A GOVERNMENT ASSISTANCE BALDWIN WALLACE UNIVERSITY RECEIVES FEDERAL AND STATE GOVERNMENT GRANTS FOR SPECIFIC PURPOSES AND PROJECTS. THESE INCLUDE SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, COLLEGE WORK STUDY, OTHER STUDENT FINANCIAL AID FUNDS, UPWARD BOUND, RESEARCH, AND OTHER SPECIFIC INSTRUCTION PROGRAMS. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENT 7807296 0 0 0 0 0 0 7807296 0 7807296 1 0 1 1 0 0 PART III ACCOUNTING METHOD: 1 MERIT SCHOLARSHIPS AND NEED-BASED FINANCIAL AID 2884 56378939 SCHEDULE I, PART I, LINE 2 PROCEDURE FOR MONITORING USE OF GRANT FUNDS INSIDE U.S. BALDWIN WALLACE UNIVERSITY AWARDS SCHOLARSHIPS AND MAKES NEED-BASED FINANCIAL AID GRANTS ONLY TO ITS OWN ENROLLED STUDENTS. THE AWARDS CONSTITUTE PART OF THE COST OF ATTENDING. ADDITIONAL NEED-BASED AID USUALLY CONSISTS OF FEDERAL DIRECT STUDENT LOANS AND COLLEGE WORK STUDY FOR JOBS ON CAMPUS. THE STUDENT FINANCIAL AID OFFICE MAKES NEED-BASED GRANTS ON THE BASIS OF DEMONSTRATED FINANCIAL NEED USING NATIONALLY ACCEPTED FORMS AND METHODS. THE SAME OFFICE AWARDS MERIT SCHOLARSHIPS USING BALDWIN WALLACE CRITERIA. THE UNIVERSITY DISBURSES THE GRANTS AS CREDITS TO STUDENT RECEIVABLE ACCOUNTS, OFFSETTING AMOUNTS BILLED FOR TUITION AND OTHER FEES. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 ROBERT C HELMER PRESIDENT 383836 0 0 0 7200 0 16266 0 22359 0 429661 0 0 0 PATRICK J DUNLAVY V.P. FOR PHIANTHROPY & ALUMN 218450 0 0 0 6000 0 8557 0 0 0 233007 0 0 0 STEPHEN D STAHL PROVOST 197143 0 0 0 0 0 7953 0 17269 0 222365 0 0 0 SCOTT SCHULZ V.P. FOR ENROLLMENT MNGMT 191391 0 0 0 0 0 7875 0 14706 0 213972 0 0 0 WILLIAM M RENIFF V.P. FOR FINANCE & ADMIN/ TREASURER 191555 0 0 0 0 0 7300 0 8993 0 207848 0 0 0 SUSAN KUZNIK DEAN 172352 0 0 0 0 0 4193 0 24964 0 201509 0 0 0 COLLEEN VISCONTI PROFESSOR 179621 0 0 0 0 0 4252 0 11952 0 195825 0 0 0 JARED PENNINGTON ASSOCIATE DEAN 164835 0 0 0 0 0 4609 0 24965 0 194409 0 0 0 VICTORIA BUSSERT PROFESSOR 150713 0 0 0 0 0 4206 0 17269 0 172188 0 0 0 LINDA CHASE ASSOCIATE DEAN 154928 0 0 0 0 0 3713 0 9622 0 168263 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE THE PRESIDENT AND HIS WIFE LIVE IN A UNIVERSITY HOUSE LOCATED ON CAMPUS. THEY USE THE HOUSE FOR UNIVERSITY MEETINGS, RECEPTIONS, AND OTHER RELATED FUNCTIONS. UNIVERSITY CUSTODIANS CLEAN THE FIRST FLOOR COMMON ROOMS BUT NOT THE FAMILY PRIVATE ROOMS. THE UNIVERSITY REQUIRES THE VICE PRESIDENT FOR STUDENT AFFAIRS AND THREE RESUDENCE LIFE DIRECTORS TO LIVE IN UNIVERSITY-OWNED HOUSING ON OR NEAR THE CAMPUS AS A CONDITION OF EMPLOYMENT. HEALTH OR SOCIAL CLUB DUES THE PRESIDENT HAS A MEMBERSHIP TO THE UNION CLUB OF CLEVELAND THAT IS USED PRINCIPALLY FOR BUSINESS PURPOSES. THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION REVIEWS ALL UNION CLUB INVOICES FOR BUSINESS PURPOSE. A BALDWIN WALLACE UNIVERSITY 340714629 67756A7A4 2012-11-29 16025000 RENOVATION AND REFUNDING 1 0 1 A 16853660 11164863 152328 5536469 2013 0 1 1 1 A 0 0 0 0 0 0 0 A 0 0 1 0 0 0 0 0 A 0 X 15 3308354 FMV X STEINWAY PIANOS 2 37000 EXPERT OPINION X EQUIPMENT 1 31723 COST 0 0 1 1 PART I, LINE 32B: USE OF THIRD PARTY TO SELL NONCASH CONTRIBUTIONS THE UNIVERSITY HAS USED ART AUCTIONEERS FOR SALES, BUT NOT THIS TAX YEAR. THE UNIVERSITY USED RAYMOND JAMES & ASSOCIATES, INC. TO SELL DONATED SECURITIES. SCHEDULE M, PART I, COLUMN (B) NUMBER OF CONTRIBUTIONS THE ORGANZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN COLUMN (B). FORM 990, PART VI, SECTION A, LINE 1A DELEGATION OF AUTHORITY THE EXECUTIVE COMMITTEE ACTS FOR THE BOARD WHEN THE BOARD IS NOT IN SESSION IN ALL MATTERS EXCEPT ELECTION OF BOARD OFFICERS AND APPOINTMENT OF THE PRESIDENT OF THE UNIVERSITY. IT CONSISTS OF THE OFFICERS OF THE BOARD, COMMITTEE CHAIRS, THE PRESIDENT OF THE UNIVERSITY, AND MAY INCLUDE AT LARGE MEMBERS. FORM 990, PART VI, SECTION A, LINE 2 FAMILY RELATIONSHIPS TRUSTEES MARK H. SUMMERS AND WILLIAM B. SUMMERS, JR. ARE BROTHERS. FORM 990, PART VI, SECTION B, LINE 11B REVIEW PROCESS THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION PERFORMS AN INITIAL, DETAILED REVIEW OF THE FORM 990 DRAFT. HE THEN SENDS A COPY TO EACH BOARD MEMBER FOR REVIEW AND COMMENT. THIS IS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT ALL MEMBERS OF THE BOARD OF TRUSTEES MUST SUBMIT ANNUALLY A WRITTEN AND SIGNED STATEMENT DISCLOSING ANY SITUATION WHICH MAY BE, OR MAY BE CONSIDERED TO BE, A CONFLICT OF INTEREST AS DEFINED IN THE CONFLICT OF INTEREST POLICY. IF THEY HAVE NOTHING TO REPORT, THEY MUST CHECK A PRINTED STATEMENT TO THAT EFFECT. THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION REVIEWS THE CONFLICT OF INTEREST STATEMENTS. IF A CONFLICT IS IDENTIFIED, THE INTERESTED PARTY IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION THE COMPENSATION AND EXECUTIVE COMMITTEES OF THE BOARD OF TRUSTEES REVIEW AND APPROVE THE COMPENSATION FOR ALL OFFICERS ANNUALLY. THE COMPENSATION COMMITTEE MEETS FIRST WITH THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION, WHO PROVIDES IT WITH COMPARABILITY DATA AND ANSWERS QUESTIONS. THE COMPENSATION COMMITTEE THEN MEETS WITH THE PRESIDENT OF THE UNIVERSITY (THE UNIVERSITY'S TOP MANAGEMENT OFFICIAL), TO DISCUSS HIS PERFORMANCE, RECEIVE THE PRESIDENT'S VIEWS OF THE PERFORMANCE, AND TO REVIEW RECOMMENDATIONS OF APPROPRIATE COMPENSATION LEVELS FOR THE OFFICERS OF THE UNIVERSITY OTHER THAN HIMSELF. THE COMPENSATION COMMITTEE THEN CONTINUES IN EXECUTIVE SESSION TO SET THE COMPENSATION FOR THE PRESIDENT AND TO APPROVE (WITH ADJUSTMENT IF CONSIDERED APPROPRIATE) THE RECOMMENDATIONS OF THE PRESIDENT REGARDING THE COMPENSATION OF THE FOLLOWING OFFICERS OF THE UNIVERSITY: PROVOST, SENIOR VICE PRESIDENT, VP FOR STUDENT AFFAIRS, VP FOR FINANCE AND ADMINISTRATION, VP FOR ENROLLMENT MANAGEMENT, AND THE VP FOR PHILANTHROPY AND ALUMNI ENGAGEMENT. THE COMPENSATION COMMITTEE THEN REPORTS ITS CONCLUSIONS AND THE BASIS THEREFORE, TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, WHICH HAS FINAL APPROVAL AUTHORITY WITH RESPECT TO COMPENSATION DETERMINATION. THE COMMITTEES LAST MET ON COMPENSATION MATTERS IN 2022. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC BALDWIN WALLACE UNIVERSITY MAKES ITS FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC ON ITS OWN WEBSITE. THE UNIVERSITY PROVIDES A PAPER COPY OF ITS BYLAWS TO ANYONE WHO ASKS. CHARITABLE REMAINDER TRUST (11) INVESTMENTS OH T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0