BUTLER UNIVERSITY: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: BUTLER UNIVERSITY (EIN 35-0867977)
Tax period: 2021-06-01 to 2022-05-31
Filed: 2023-04-16
IRS object ID: 202341069349300014
Schema version: 2021v4.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule K
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-04-16T13:53:10-05:00	ReturnTs
Tax Period End	2022-05-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	FORVIS LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	201 N Illinois Street	AddressLine1Txt
City	Indianapolis	CityNm
State Abbreviation	IN	StateAbbreviationCd
ZIP	46204	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2021-06-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	350867977	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Butler University	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
In Care Of	% BUTLER UNIV BUSINESS OFFICE	InCareOfNm
Business Name Control	BUTL	BusinessNameControlTxt
Phone	3179409779	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4600 SUNSET AVENUE	AddressLine1Txt
City	INDIANAPOLIS	CityNm
State Abbreviation	IN	StateAbbreviationCd
ZIP	46208	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	BRUCE E ARICK	PersonNm
Person Title	VP - FINANCE AND ADM	PersonTitleTxt
Phone	3179409135	PhoneNum
Signature	2023-04-15	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	BRUCE E	PersonFirstNm
Person Last	ARICK	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	NICOLE B FISHBACK	PreparerPersonNm
PTIN	P01279475	PTIN
Phone	3173834000	PhoneNum
Preparation	2023-04-15	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	BRUCE E ARICK	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4600 SUNSET AVENUE	AddressLine1Txt
City	INDIANAPOLIS	CityNm
State Abbreviation	IN	StateAbbreviationCd
ZIP	46208	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$673,970,789	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.BUTLER.EDU	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1850	FormationYr
Legal Domicile State	IN	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE THE HIGHEST QUALITY LIBERAL AND PROFESSIONAL EDUCATION AND TO INTEGRATE THE TWO BY CREATING A STIMULATING INTELLECTUAL COMMUNITY.	ActivityOrMissionDesc
Voting Members Governing Body	33	VotingMembersGoverningBodyCnt
Voting Members Independent	33	VotingMembersIndependentCnt
Total Employee	3067	TotalEmployeeCnt
Total Volunteers	1000	TotalVolunteersCnt
Total Gross UBI	$742,839	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$327,489	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$35,094,200	PYContributionsGrantsAmt
CY Contributions Grants	$34,871,050	CYContributionsGrantsAmt
PY Program Service Revenue	$249,596,025	PYProgramServiceRevenueAmt
CY Program Service Revenue	$256,267,182	CYProgramServiceRevenueAmt
PY Investment Income	$20,103,495	PYInvestmentIncomeAmt
CY Investment Income	$64,427,111	CYInvestmentIncomeAmt
PY Other Revenue	$193,277	PYOtherRevenueAmt
CY Other Revenue	$137,741	CYOtherRevenueAmt
PY Total Revenue	$304,986,997	PYTotalRevenueAmt
CY Total Revenue	$355,703,084	CYTotalRevenueAmt
PY Grants And Similar Paid	$84,673,671	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$86,645,740	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$109,472,145	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$114,875,430	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$30,000	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$4,355,339	CYTotalFundraisingExpenseAmt
PY Other Expenses	$73,295,185	PYOtherExpensesAmt
CY Other Expenses	$94,326,834	CYOtherExpensesAmt
PY Total Expenses	$267,471,001	PYTotalExpensesAmt
CY Total Expenses	$295,848,004	CYTotalExpensesAmt
PY Revenues Less Expenses	$37,515,996	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$59,855,080	CYRevenuesLessExpensesAmt
Total Assets BOY	$771,058,130	TotalAssetsBOYAmt
Total Assets EOY	$771,199,903	TotalAssetsEOYAmt
Total Liabilities BOY	$240,633,888	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$258,085,529	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$530,424,242	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$513,114,374	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	TO PROVIDE THE HIGHEST QUALITY OF LIBERAL AND PROFESSIONAL EDUCATION AND TO INTEGRATE THE LIBERAL ARTS WITH PROFESSIONAL EDUCATION, BY CREATING AND FOSTERING A STIMULATING INTELLECTUAL COMMUNITY BUILT UPON INTERACTIVE DIALOGUE AND INQUIRY AMONG STUDENTS, FACULTY, AND STAFF.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$257,286,605	ExpenseAmt
Grant	$86,645,740	GrantAmt
Revenue	$256,267,182	RevenueAmt
Desc	EDUCATION: BUTLER UNIVERSITY DELIVERS AN OUTSTANDING EDUCATION STEEPED IN THE LIBERAL ARTS AND COUPLED WITH EXPERIENTIAL LEARNING OPPORTUNITES THAT INCLUDE INTERNSHIPS, STUDY ABROAD, SERVICE PROJECTS, AND SCHOLARLY RESEARCH. THROUGH THIS COMPREHENSIVE APPROACH, WE PREPARE STUDENTS TO STEP DIRECTLY INTO A CAREER OR GRADUATE SCHOOL WITH CONFIDENCE. THE UNIVERSITY'S MOST RECENT PLACEMENT RATE WAS 99 PERCENT. IN ITS RANKINGS FOR 2023, U.S. NEWS AND WORLD REPORT NAMED BUTLER THE NO. 1 SCHOOL AMONG MIDWEST REGIONAL UNIVERSITIES FOR THE FIFTH CONSECUTIVE YEAR AND THE MOST INNOVATIVE SCHOOL IN THE MIDWEST FOR THE EIGHTH CONSECUTIVE YEAR. THE UNIVERSITY ALSO WAS LISTED AMONG THE BEST FOR FIRST-YEAR EXPERIENCES, STUDY ABROAD OPPORTUNITIES, AND UNDERGRADUATE RESEARCH. AUXILIARY: CLOWES MEMORIAL HALL BUTLER UNIVERSITY'S 2,200-SEAT CLOWES MEMORIAL HALL OPENED TO THE PUBLIC ON OCT. 18, 1963. THIS PROFESSIONAL PERFORMING ARTS FACILITY IS HOME TO BUTLER ARTS PRESENTS - AN ANNUAL SERIES OF MUSIC, THEATRE, AND DANCE PERFORMANCES - AND A K-12 EDUCATION PROGRAM. CLOWES IS ALSO THE HOME OF RESIDENT COMPANIES SUCH AS THE BUTLER BALLET. OTHER GREAT ORGANIZATIONS SUCH AS BROADWAY IN INDIANAPOLIS, MUSIC FOR ALL (BAND OF AMERICA), AND BUTLER'S CELEBRATION OF DIVERSITY DISTINGUISHED LECTURE SERIES ALSO USE THE VENUE. HEALTH AND RECREATION COMPLEX: A HEALTH AND RECREATION COMPLEX THAT IS EQUIPPED WITH RECREATION COURTS, AN INDOOR JOGGING TRACK, AN AQUATICS AREA, A WEIGHT AND FITNESS SPACE, AND LOUNGE OPENED IN FALL 2006. STUDENTS ENROLLED IN AT LEAST 12 CREDIT HOURS ARE AUTOMATIC MEMBERS. MEMBERSHIP IS ALSO AVAILABLE TO UNIVERSITY FACULTY, STAFF, ALUMNI, AND A LIMITED NUMBER OF COMMUNITY MEMBERS. ATHLETICS: BUTLER UNIVERSITY PARTICIPATES IN INTERCOLLEGIATE ATHLETICS AT THE NCAA DIVISION I LEVEL. NINETEEN OF BUTLER'S 20 TEAMS COMPETE IN THE BIG EAST, WHILE THE FOOTBALL PROGRAM IS A MEMBER OF THE PIONEER FOOTBALL LEAGUE. THE BULLDOGS HAVE A LONG HISTORY OF ATHLETIC SUCCESS, INCLUDING BACK-TO-BACK TRIPS TO THE NCAA DIVISION I MEN'S BASKETBALL NATIONAL CHAMPIONSHIP GAME IN 2010 AND 2011, AND THE UNIVERSITY IS HOME TO ONE OF THE NATION'S GREAT INTERCOLLEGIATE BASKETBALL FACILITIES, HINKLE FIELDHOUSE. FOR MORE INFORMATION ABOUT BUTLER ATHLETICS, VISIT WWW.BUTLERSPORTS.COM. ROOM AND BOARD: BUTLER STUDENTS CAN CHOOSE FROM A NUMBER OF HOUSING OPTIONS, INCLUDING A RESIDENTIAL APARTMENT VILLAGE FOR JUNIORS AND SENIORS, AN APARTMENT-STYLE RESIDENCE HALL, TWO COEDUCATIONAL RESIDENCE HALLS WITH OPTIONAL FRESHMAN LIVING-LEARNING CENTERS, AND 14 FRATERNITIES AND SORORITIES. A 660-BED MODERN, SUITE-STYLE HOUSING FACILITY - PREDOMINATELY FOR SOPHOMORES - OPENED IN FALL 2016, AND A 647-BED, SUITE-STYLE RESIDENCE HALL FOR FIRST-YEAR STUDENTS OPENED IN FALL 2018. ALL BUTLER UNDERGRADUATES ARE REQUIRED TO LIVE ON CAMPUS THROUGH JUNIOR YEAR.	Desc
Total Program Service Expenses	$257,286,605	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	Yes (true)	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	Yes (true)	ConservationEasementsInd
Collections Of Art	Yes (true)	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (true)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	Yes (true)	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (true)	ConsolidatedAuditFinclStmtInd
School Operating	Yes (true)	SchoolOperatingInd
Foreign Office	Yes (true)	ForeignOfficeInd
Foreign Activities	Yes (true)	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	Yes (true)	MoreThan5000KToIndividualsInd
Professional Fundraising	Yes (true)	ProfessionalFundraisingInd
Fundraising Activities	Yes (true)	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	Yes (true)	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (true)	TaxExemptBondsInd
Invest Tax Exempt Bonds	Yes (true)	InvestTaxExemptBondsInd
Escrow Account	false	EscrowAccountInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	Yes (true)	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	Yes (true)	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (true)	DeductibleNonCashContriInd
Deductible Art Contribution	Yes (true)	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	Yes (true)	DisregardedEntityInd
Related Entity	Yes (true)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (true)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	Yes (true)	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	7492	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	3067	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (true)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (true)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	Yes (true)	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	33	GoverningBodyVotingMembersCnt
Independent Voting Member	33	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	IN	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	BUTLER UNIV BUSINESS OFFICE	PersonNm
Phone	3179409779	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4600 SUNSET AVENUE	AddressLine1Txt
City	INDIANAPOLIS	CityNm
State Abbreviation	IN	StateAbbreviationCd
ZIP	46208	ZIPCd

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	Yes (X)	InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (42 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd
LAVALL JORDAN
HEAD COACH, MEN'S BASKETBALL	50.0	0.0	Yes (X)	$1,753,746	$0	$43,794
JAMES DANKO
PRESIDENT	50.0	1.0		$847,222	$0	$56,934	Yes (X)
BARRY COLLIER
VP AND ATHLETICS DIRECTOR	50.0	0.0	Yes (X)	$392,863	$0	$43,856
BRUCE ARICK
VP-FINANCE & ADMIN/ASST TREAS.	50.0	1.0		$313,045	$0	$45,132	Yes (X)
JONATHAN PURVIS
VP-ADVANCEMENT	50.0	0.0	Yes (X)	$294,082	$0	$44,358
CLAIRE AIGOTTI
GENERAL COUNSEL/ASST SECRETARY	50.0	1.0		$267,108	$0	$42,759	Yes (X)
KURT GODLEVSKE
HEAD COACH, WOMEN'S BASKETBALL	50.0	0.0	Yes (X)	$262,929	$0	$42,865
BRENT ROCKWOOD
VP-CHIEF OF STAFF	50.0	0.0	Yes (X)	$258,546	$0	$39,392
SUSAN WESTERMEYER
CONTROLLER/ASST TREASURER	50.0	1.0		$131,599	$0	$25,653	Yes (X)
KEITH FALLER
CHAIR	1.0	1.0		$0	$0	$0	Yes (X)	Yes (X)
JEFF BLADE
VICE CHAIR	1.0	1.0		$0	$0	$0	Yes (X)	Yes (X)
KATHRYN BETLEY
SECRETARY	1.0	1.0		$0	$0	$0	Yes (X)	Yes (X)
STEVE STERRETT
TREASURER	1.0	1.0		$0	$0	$0	Yes (X)	Yes (X)
TONYA COMBS
TRUSTEE	1.0	1.0		$0	$0	$0		Yes (X)
REBECCA GRAHAM PAUL
TRUSTEE	1.0	1.0		$0	$0	$0		Yes (X)
HOWARD SCHROTT
TRUSTEE	1.0	1.0		$0	$0	$0		Yes (X)
MICHAEL HOLE
TRUSTEE	1.0	0.0		$0	$0	$0		Yes (X)
JANE MAGNUS-STINSON
TRUSTEE	1.0	1.0		$0	$0	$0		Yes (X)
ROBERT WILDMAN
TRUSTEE	1.0	1.0		$0	$0	$0		Yes (X)
CHRIS GAHL
TRUSTEE	1.0	1.0		$0	$0	$0		Yes (X)
JATINDER-BIR SINGH SANDHU
TRUSTEE	1.0	1.0		$0	$0	$0		Yes (X)
WILLIAM SOARDS
TRUSTEE	1.0	1.0		$0	$0	$0		Yes (X)
MARK MINNER
TRUSTEE	1.0	1.0		$0	$0	$0		Yes (X)
LYNNE ZYDOWSKY
TRUSTEE	1.0	1.0		$0	$0	$0		Yes (X)
THOMAS FISCHER
TRUSTEE	1.0	1.0		$0	$0	$0		Yes (X)
KATHY MARTIN HARRISON
TRUSTEE	1.0	1.0		$0	$0	$0		Yes (X)
BRYAN BRENNER
TRUSTEE	1.0	1.0		$0	$0	$0		Yes (X)
ROBIN LAUTH
TRUSTEE	1.0	1.0		$0	$0	$0		Yes (X)
ANDREW GREENLEE
TRUSTEE	1.0	1.0		$0	$0	$0		Yes (X)
GARY BUTKUS
TRUSTEE	1.0	1.0		$0	$0	$0		Yes (X)
P SCOTT BENING
TRUSTEE	1.0	1.0		$0	$0	$0		Yes (X)
AMY WIERENGA
TRUSTEE	1.0	1.0		$0	$0	$0		Yes (X)
JANA BROST
TRUSTEE	1.0	1.0		$0	$0	$0		Yes (X)
BRIAN STEMME
TRUSTEE	1.0	1.0		$0	$0	$0		Yes (X)
ROB MCCONNELL
TRUSTEE	1.0	1.0		$0	$0	$0		Yes (X)
CHRISTOPHER MISKEL
TRUSTEE	1.0	1.0		$0	$0	$0		Yes (X)
TRACY STEVENS
TRUSTEE	1.0	0.0		$0	$0	$0		Yes (X)
AARON SCHAMP
TRUSTEE	1.0	1.0		$0	$0	$0		Yes (X)
DUJUAN MCCOY
TRUSTEE	1.0	1.0		$0	$0	$0		Yes (X)
ROLLIN DICK
TRUSTEE	1.0	1.0		$0	$0	$0		Yes (X)
JOE EATON
TRUSTEE	1.0	1.0		$0	$0	$0		Yes (X)
RON LANGSTON
TRUSTEE	1.0	1.0		$0	$0	$0		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$4,521,140	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$384,743	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	205	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
PEPPER CONSTRUCTION COMPANY OF IND
1850 W 15TH ST	INDIANAPOLIS	IN	46202	CONSTRUCTION	$26,856,473
AMERICAN CAMPUS COMMUNITIES
12700 HILL COUNTRY BLVD SUITE T-20	AUSTIN	TX	78738	STUDENT HOUSING	$10,837,535
BON APPETIT MANAGEMENT COMPANY
PO BOX 91337	CHICAGO	IL	60693	BOARD/CATERING	$9,098,951
NOODLE PARTNERS INC
860 BROADWAY 6TH FLOOR	NEW YORK	NY	10003	ONLINE EDUC SERVICER	$4,447,514
US BANK CORPORATE PAYMENT SYSTEM
PO BOX 790428	ST LOUIS	MO	63179	CARD SERVICER	$4,271,959

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	122	CntrctRcvdGreaterThan100KCnt
Fundraising	$39,900	FundraisingAmt
Related Organizations	$8,233	RelatedOrganizationsAmt
Government Grants	$8,383,831	GovernmentGrantsAmt
All Other Contributions	$26,439,086	AllOtherContributionsAmt
Noncash Contributions	$5,063,853	NoncashContributionsAmt
Total Contributions	$34,871,050	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
STUDENT TUITION AND FEES	900099	$209,707,832	$209,707,832
RESIDENCE HALLS/ROOM & BOARD	611710	$22,497,492	$22,497,492
ATHLETIC REVENUE	611710	$13,098,008	$13,098,008
AUXILIARY REVENUE	900099	$10,963,850	$10,963,850

Field	Value	IRS element (for citing)
Total Program Service Revenue	$256,267,182	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$9,307,346	TotalRevenueColumnAmt
Unrelated Business Revenue	$600,778	UnrelatedBusinessRevenueAmt
Exclusion	-$9,908,124	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Personal	$169,017	PersonalAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Personal	$26,956	PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt
Personal	$142,061	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$142,061	TotalRevenueColumnAmt
Unrelated Business Revenue	$142,061	UnrelatedBusinessRevenueAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$391,961,623	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$318,227,166	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$73,734,457	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$73,734,457	TotalRevenueColumnAmt
Exclusion	$73,734,457	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$9,263	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$39,900	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$13,583	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$4,320	TotalRevenueColumnAmt
Exclusion	-$4,320	ExclusionAmt

Field	Value	IRS element (for citing)
Gaming Gross Income	$0	GamingGrossIncomeAmt
Gaming Direct Expenses	$0	GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$0	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$0	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$0	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$355,703,084	TotalRevenueColumnAmt
Related Or Exempt Func Income	$256,267,182	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$742,839	UnrelatedBusinessRevenueAmt
Exclusion	$63,822,013	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$85,893,648	TotalAmt
Program Services	$85,893,648	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$752,092	TotalAmt
Program Services	$752,092	ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$1,578,943	TotalAmt
Management And General	$1,232,455	ManagementAndGeneralAmt
Fundraising	$346,488	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$62,035	TotalAmt
Management And General	$62,035	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$84,269,185	TotalAmt
Program Services	$70,442,093	ProgramServicesAmt
Management And General	$11,661,214	ManagementAndGeneralAmt
Fundraising	$2,165,878	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$6,557,199	TotalAmt
Program Services	$5,354,806	ProgramServicesAmt
Management And General	$1,002,368	ManagementAndGeneralAmt
Fundraising	$200,025	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$16,595,546	TotalAmt
Program Services	$11,827,103	ProgramServicesAmt
Management And General	$4,361,763	ManagementAndGeneralAmt
Fundraising	$406,680	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$5,812,522	TotalAmt
Program Services	$4,759,314	ProgramServicesAmt
Management And General	$890,953	ManagementAndGeneralAmt
Fundraising	$162,255	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$841,490	TotalAmt
Program Services	$205,506	ProgramServicesAmt
Management And General	$635,984	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$187,985	TotalAmt
Management And General	$187,985	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$31,353	TotalAmt
Management And General	$31,353	ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$2,196,109	TotalAmt
Management And General	$2,196,109	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$25,748,788	TotalAmt
Program Services	$20,173,903	ProgramServicesAmt
Management And General	$5,271,519	ManagementAndGeneralAmt
Fundraising	$303,366	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,373,151	TotalAmt
Program Services	$693,816	ProgramServicesAmt
Management And General	$678,577	ManagementAndGeneralAmt
Fundraising	$758	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$6,767,185	TotalAmt
Program Services	$5,944,266	ProgramServicesAmt
Management And General	$666,928	ManagementAndGeneralAmt
Fundraising	$155,991	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$1,062,625	TotalAmt
Program Services	$782,279	ProgramServicesAmt
Management And General	$177,099	ManagementAndGeneralAmt
Fundraising	$103,247	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$8,052,887	TotalAmt
Program Services	$7,090,751	ProgramServicesAmt
Management And General	$948,963	ManagementAndGeneralAmt
Fundraising	$13,173	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$6,748,995	TotalAmt
Program Services	$5,894,819	ProgramServicesAmt
Management And General	$479,943	ManagementAndGeneralAmt
Fundraising	$374,233	FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$395,687	TotalAmt
Program Services	$378,005	ProgramServicesAmt
Management And General	$16,581	ManagementAndGeneralAmt
Fundraising	$1,101	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$4,857,824	TotalAmt
Program Services	$4,405,872	ProgramServicesAmt
Management And General	$451,952	ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$23,452,169	TotalAmt
Program Services	$21,667,967	ProgramServicesAmt
Management And General	$1,784,202	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$1,959,663	TotalAmt
Program Services	$1,386,315	ProgramServicesAmt
Management And General	$573,348	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
AUXILIARY	$3,476,534	$3,249,791	$171,112	$55,631
REPAIRS & MAINTENANCE	$666,859	$637,064	$29,795
DUES, FEES, & SUBSCRIPTIONS	$1,230,665	$828,890	$381,117	$20,658
MISCELLANEOUS	$5,276,865	$4,918,305	$312,705	$45,855

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$295,848,004	TotalAmt
Program Services	$257,286,605	ProgramServicesAmt
Management And General	$34,206,060	ManagementAndGeneralAmt
Fundraising	$4,355,339	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$28,946,420	BOYAmt
EOY	$20,288,728	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$12,847,310	BOYAmt
EOY	$13,240,386	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$4,344,119	BOYAmt
EOY	$4,385,231	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$20,110,421	BOYAmt
EOY	$21,461,063	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$510,190	BOYAmt
EOY	$615,975	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$1,342,720	BOYAmt
EOY	$4,761,074	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$636,988,976	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$376,452,860	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$271,645,985	BOYAmt
EOY	$260,536,116	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$377,151,454	BOYAmt
EOY	$351,990,077	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$22,621,192	BOYAmt
EOY	$20,875,805	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$31,538,319	BOYAmt
EOY	$73,045,448	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$771,058,130	BOYAmt
EOY	$771,199,903	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$30,325,828	BOYAmt
EOY	$32,567,088	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$18,525,502	BOYAmt
EOY	$17,388,165	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$183,210,381	BOYAmt
EOY	$200,288,155	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$8,572,177	BOYAmt
EOY	$7,842,121	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$240,633,888	BOYAmt
EOY	$258,085,529	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$241,324,289	BOYAmt
EOY	$243,221,695	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$289,099,953	BOYAmt
EOY	$269,892,679	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$530,424,242	BOYAmt
EOY	$513,114,374	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$771,058,130	BOYAmt
EOY	$771,199,903	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$59,855,080	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$77,164,948	NetUnrlzdGainsLossesInvstAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	Yes (true)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (true)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$19,396,786	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$19,051,926	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$19,243,812	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$35,094,200	CurrentTaxYearMinus1YearAmt
Current Tax Year	$34,871,050	CurrentTaxYearAmt
Total	$127,657,774	TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$19,396,786	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$19,051,926	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$19,243,812	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$35,094,200	CurrentTaxYearMinus1YearAmt
Current Tax Year	$34,871,050	CurrentTaxYearAmt
Total	$127,657,774	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$16,050,272	SubstantialContributorsTotAmt
Public Support Total170	$111,607,502	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$7,476,163	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$9,571,106	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$4,428,307	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$11,133,168	CurrentTaxYearMinus1YearAmt
Current Tax Year	-$9,138,329	CurrentTaxYearAmt
Total	$23,470,415	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	$248,825	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$111,811	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$174,233	CurrentTaxYearMinus1YearAmt
Current Tax Year	$328,489	CurrentTaxYearAmt
Total	$863,358	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$151,991,547	TotalSupportAmt
Gross Receipts Rltd Activities	$1,262,235,525	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.73430	PublicSupportCY170Pct
Public Support PY170	0.64830	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	FORM 990, SCHEDULE A, PART I	FormAndLineReferenceDesc
Explanation	SPECIAL RULE REPORTING: THE ORGANIZATION CHECKED IN SCHEDULE A, PART I, THAT IT IS ORGANIZED AS SCHOOL, CATEGORY 2, PER ITS EXEMPTION LETTER. THE ORGANIZATION HAS COMPLETED SCHEDULE A, PART II TO PROVE THAT IT MEETS THE DEFINITION OF A PUBLICALLY SUPPORTED ORGANIZATION UNDER CATEGORY 7 AND CAN USE A SPECIAL REPORTING RULE ON SCHEDULE B.	ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Total Grassroots Lobbying		TotalGrassrootsLobbyingGrp
Total Direct Lobbying		TotalDirectLobbyingGrp
Total Lobbying Expend		TotalLobbyingExpendGrp
Other Exempt Purpose Expend		OtherExemptPurposeExpendGrp
Total Exempt Purpose Expend		TotalExemptPurposeExpendGrp
Lobbying Nontaxable Amount		LobbyingNontaxableAmountGrp
Grassroots Nontaxable		GrassrootsNontaxableGrp
Tot Lbbyng Grassroot Mns Non Tx		TotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non Tx		TotLbbyExpendMnsLbbyngNonTxGrp
Volunteers	false	VolunteersInd
Paid Staff Or Management	false	PaidStaffOrManagementInd
Media Advertisements	false	MediaAdvertisementsInd
Mailings Members	false	MailingsMembersInd
Publications Or Broadcast	false	PublicationsOrBroadcastInd
Grants Other Organizations	false	GrantsOtherOrganizationsInd
Direct Contact Legislators	false	DirectContactLegislatorsInd
Rallies Demonstrations	false	RalliesDemonstrationsInd
Other Activities	Yes (true)	OtherActivitiesInd
Other Activities	$31,353	OtherActivitiesAmt
Total Lobbying Expenditures	$31,353	TotalLobbyingExpendituresAmt
Not Described Section501c3	false	NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	FORM 990, SCHEDULE C, PART II-B	FormAndLineReferenceDesc
Explanation	LOBBYING EXPENSES: BUTLER UNIVERSITY PAID A CONSULTANT, MARKET STREET GROUP INC., TO LOBBY ON THEIR BEHALF AGAINST LEGISLATION THAT IF PASSED WOULD GIVE HIGHER EDUCATION INSTITUTIONS IN INDIANA THE RESPONSIBILITY OF LICENSING TEACHERS.	ExplanationTxt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Historic Structure	Yes (X)	HistoricStructureInd
Total Easements	1	TotalEasementsCnt
Total Acreage	40.00	TotalAcreageCnt
Historic Structure Easements	1	HistoricStructureEasementsCnt
States Easements Held	1	StatesEasementsHeldCnt
Written Policy Monitoring	false	WrittenPolicyMonitoringInd
Art Public Exhibition Amounts		ArtPublicExhibitionAmountsGrp
Held Works Art		HeldWorksArtGrp
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Solicited Assets Sale	false	SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$285,556,730	BeginningYearBalanceAmt
Contributions	$1,867,730	ContributionsAmt
Investment Earnings Or Losses	-$12,408,867	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,315,340	GrantsOrScholarshipsAmt
Other Expenditures	$6,082,666	OtherExpendituresAmt
Administrative Expenses	$26,083	AdministrativeExpensesAmt
End Year Balance	$265,591,504	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$216,806,870	BeginningYearBalanceAmt
Contributions	$2,795,743	ContributionsAmt
Investment Earnings Or Losses	$74,518,795	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,403,899	GrantsOrScholarshipsAmt
Other Expenditures	$5,151,715	OtherExpendituresAmt
Administrative Expenses	$9,064	AdministrativeExpensesAmt
End Year Balance	$285,556,730	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$220,515,716	BeginningYearBalanceAmt
Contributions	$5,718,175	ContributionsAmt
Investment Earnings Or Losses	-$671,884	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,082,157	GrantsOrScholarshipsAmt
Other Expenditures	$5,504,365	OtherExpendituresAmt
Administrative Expenses	$168,615	AdministrativeExpensesAmt
End Year Balance	$216,806,870	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$235,941,218	BeginningYearBalanceAmt
Contributions	$2,278,451	ContributionsAmt
Investment Earnings Or Losses	-$5,081,485	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,275,876	GrantsOrScholarshipsAmt
Other Expenditures	$9,044,675	OtherExpendituresAmt
Administrative Expenses	$301,917	AdministrativeExpensesAmt
End Year Balance	$220,515,716	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$220,426,012	BeginningYearBalanceAmt
Contributions	$4,194,391	ContributionsAmt
Investment Earnings Or Losses	$19,986,979	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,084,556	GrantsOrScholarshipsAmt
Other Expenditures	$5,472,818	OtherExpendituresAmt
Administrative Expenses	$108,790	AdministrativeExpensesAmt
End Year Balance	$235,941,218	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.09845	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.90155	PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org	false	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	Yes (true)	EndowmentsHeldRelatedOrgInd
Related Org List Sch R	Yes (true)	RelatedOrgListSchRInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$4,514,278	OtherCostOrOtherBasisAmt
Book Value	$4,514,278	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$442,224,194	OtherCostOrOtherBasisAmt
Depreciation	$210,492,677	DepreciationAmt
Book Value	$231,731,518	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$22,491,273	OtherCostOrOtherBasisAmt
Depreciation	$13,060,733	DepreciationAmt
Book Value	$9,430,540	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$86,904,572	OtherCostOrOtherBasisAmt
Depreciation	$77,999,192	DepreciationAmt
Book Value	$8,905,380	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$80,854,659	OtherCostOrOtherBasisAmt
Depreciation	$74,900,259	DepreciationAmt
Book Value	$5,954,400	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$260,536,116	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDesc	Book ValueBookValueAmt
BOND PROC & OTHER HELD IN ESCR	$32,122,953
RENEWAL & REPLACE IN PROGRESS	$36,318,108
BENEFICIAL INT PERPET TRUSTS	$3,100,290
UNAMORTIZED BOND ISSUE COSTS	$1,504,097

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$73,045,448	TotalBookValueOtherAssetsAmt
Federal Income Tax Liability	$0	FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDesc	AmtAmt
ANNUITIES AND TRUST PAYABLE	$1,109,122
ADV FROM GOV - STUDENT LOANS	$3,826,410
FUNDS HELD FOR CAMPUS ORGS	$2,906,589

Field	Value	IRS element (for citing)
Total Liability	$7,842,121	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$189,711,418	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$77,164,947	NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts	$9,079	DonatedServicesAndUseFcltsAmt
Other Revenue	$40,538	OtherRevenueAmt
Revenue Not Reported	-$77,115,330	RevenueNotReportedAmt
Revenue Subtotal	$266,826,748	RevenueSubtotalAmt
Investment Expenses Not Incld	$2,196,109	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	$86,680,227	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$88,876,336	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$355,703,084	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$207,271,130	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$9,079	DonatedServicesUseFcltsAmt
Other Expenses Included	$255,896	OtherExpensesIncludedAmt
Expenses Not Reported	$264,975	ExpensesNotReportedAmt
Expenses Subtotal	$207,006,155	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$2,196,109	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$86,645,740	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$88,841,849	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$295,848,004	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, SCHEDULE D, PART II, LINE 9	CONSERVATION EASEMENTS: THE UNIVERSITY'S CONSERVATION EASEMENT WAS GRANTED AS A CONDITION OF ELIGIBILITY FOR THE SAVE AMERICA'S TREASURES GRANT PROGRAM. THE UNIVERSITY RECORDED GRANT REVENUE AND USED IT TO SUPPORT THE RENOVATION OF THE EXTERIOR OF HINKLE FIELDHOUSE.
FORM 990, SCHEDULE D, PART III, LINE 4	EXEMPT PURPOSE: BUTLER UNIVERSITY MAINTAINS ART, MUSICAL INSTRUMENTS, AND A RARE BOOK COLLECTION FOR EDUCATION, SCHOLARLY RESEARCH AND PRESERVATION FOR FUTURE GENERATIONS.
FORM 990, SCHEDULE D, PART V, LINE 4	INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS: THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE GOVERNING BODY TO FUNCTION AS ENDOWMENTS (BOARD-DESIGNATED ENDOWMENT FUNDS). THE ENDOWMENT IS AVAILABLE FOR SCHOLARSHIPS, ACADEMIC PROGRAMS, AND OTHER INSTITUTIONAL SUPPORT.
FORM 990, SCHEDULE D, PART X	ASC 740 DISCLOSURE: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS.
FORM 990, SCHEDULE D, PART XI	RECONCILIATION OF REVENUE: LINE 2D: RENTAL EXPENSES $ 26,955 FUNDRAISING EXPENSES $ 13,583 TOTAL $ 40,538 LINE 4B: SCHOLARSHIPS $86,645,740 INCOME FROM BUTLER FOUNDATION $ 34,487 TOTAL $86,680,227
FORM 990, SCHEDULE D, PART XII	RECONCILIATION OF EXPENSES: LINE 2D: EXPENSES FROM BUTLER FOUNDATION $ 215,358 FUNDRAISING EXPENSES $ 13,583 RENTAL EXPENSES $ 26,955 TOTAL $ 255,896 LINE 4B: SCHOLARSHIPS $86,645,740

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (true)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (true)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (true)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (true)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (true)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (true)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (true)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	false	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	false	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	false	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	false	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	false	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	false	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	false	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (true)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	false	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (true)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

SCHEDULE E, PART I, LINE 3

PUBLICATION OF THE ORGANIZATION'S NONDISCRIMINATORY POLICY: PER THE STUDENT HANDBOOK, BUTLER UNIVERSITY IS COMMITTED TO THE PRINCIPLE OF EQUAL OPPORTUNITY. IT DOES NOT KNOWINGLY DISCRIMINATE AGAINST ANY APPLICANT, STUDENT OR EMPLOYEE ON THE BASIS OF GENDER, SEXUAL ORIENTATION, RACE, COLOR, AGE, DISABILITY, RELIGION OR NATIONALITY/ETHNICITY. THIS SCHOOL IS AUTHORIZED UNDER FEDERAL LAW TO ENROLL NON-IMMIGRANT ALIEN STUDENTS.

SCHEDULE E, PART I, LINE 6A

FINANCIAL AID RECEIVED FROM A GOVERNMENTAL AGENCY: BUTLER UNIVERSITY RECEIVES CERTAIN AMOUNTS FROM GOVERNMENTAL AGENCIES FOR SUPPORT OF ITS RESEARCH AND EDUCATIONAL PROGRAMS.

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)

RegionRegionTxt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
Central America and the Caribbean	1	Program Services	EDUCATION	$10,970
Europe (Including Iceland and Greenland)	9	Program Services	EDUCATION	$201,098
Central America and the Caribbean	0	Investments	N/A	$180,885,931

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	10	SubtotalEmployeesCnt
Total Office	0	TotalOfficeCnt
Total Employee	10	TotalEmployeeCnt
Subtotal Spent	$181,097,999	SubtotalSpentAmt
Total Spent	$181,097,999	TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (3 entries)

Type Of AssistanceTypeOfAssistanceTxt	RegionRegionTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Manner Of Cash DisbursementMannerOfCashDisbursementTxt
FINANCIAL AID FOR STUDENTS	CENTRAL AMERICA AND THE CARIBBEAN	9	$112,051	SEE PART V
FINANCIAL AID FOR STUDENTS	EUROPE (INCLUDING ICELAND AND GREENLAND)	88	$632,041	SEE PART V
FINANCIAL AID FOR STUDENTS	SUB-SAHARAN AFRICA	2	$8,000	SEE PART V

Field	Value	IRS element (for citing)
Transfer To Foreign Corp	Yes (true)	TransferToForeignCorpInd
Interest In Foreign Trust	false	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (true)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	Yes (true)	PassiveForeignInvestmestCoInd
Foreign Partnership	Yes (true)	ForeignPartnershipInd
Boycott Countries	false	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE F, PART I, LINE 2	FormAndLineReferenceDesc
Explanation	PROCEDURES FOR MONITORING USE OF GRANT FUNDS OUTSIDE THE UNITED STATES: BUTLER UNIVERSITY HAS STUDENTS WHO STUDY ABROAD. THE FINANCIAL AID RECEIVED BY STUDENTS WHO STUDY ABROAD IS A REDUCTION OR WAIVER OF BUTLER UNIVERSITY TUITION WHILE THE STUDENT IS STUDYING ABROAD. BUTLER UNIVERSITY HAS WRITTEN QUALIFICATION CRITERIA FOR STUDENT FINANCIAL AID AND FOLLOWS A WRITTEN APPROVAL PROCESS.	ExplanationTxt

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Agrmt Prof Fundraising Acty	false	AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Field	Value	IRS element (for citing)
Person	MARTS AND LUNDY	PersonNm
Activity	CONSULTING	ActivityTxt
Fundraiser Control Of Funds	false	FundraiserControlOfFundsInd

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	GOLF CLASSIC	Event1Nm
Gross Receipts Event1	$49,163	GrossReceiptsEvent1Amt
Charitable Contri Event1	$39,900	CharitableContriEvent1Amt
Gross Revenue Event1	$9,263	GrossRevenueEvent1Amt
Non Cash Prizes Event1	$5,530	NonCashPrizesEvent1Amt
Rent Facility Costs Event1	$4,144	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$492	FoodAndBeverageEvent1Amt
Other Direct Expenses Event1	$3,417	OtherDirectExpensesEvent1Amt
Other Events Total	0	OtherEventsTotalCnt
Gross Receipts Total	$49,163	GrossReceiptsTotalAmt
Charitable Contributions Tot	$39,900	CharitableContributionsTotAmt
Gross Revenue Total Events	$9,263	GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events	$5,530	NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events	$4,144	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$492	FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events	$3,417	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$13,583	DirectExpenseSummaryEventsAmt
Net Income Summary	-$4,320	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	SCHOLARSHIPS FOR STUDENTS	GrantTypeTxt
Recipient	4419	RecipientCnt
Cash Grant	$85,893,648	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	FORM 990, SCHEDULE I, PART I, LINE 2	FormAndLineReferenceDesc
Explanation	PROCEDURES FOR MONITORING USE OF GRANT FUNDS IN THE UNITED STATES: BUTLER UNIVERSITY HAS WRITTEN QUALIFICATION CRITERIA FOR STUDENT FINANCIAL AID AND FOLLOWS A WRITTEN APPROVAL PROCESS.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
First Class Or Charter Travel	Yes (X)	FirstClassOrCharterTravelInd
Travel For Companions	Yes (X)	TravelForCompanionsInd
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Personal Services	Yes (X)	PersonalServicesInd
Written Policy Ref T And E Expnss	Yes (true)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (true)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	Yes (true)	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	false	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	false	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	false	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	false	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	Yes (true)	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt
BRUCE ARICK
VP-FINANCE & ADMIN/ASST TREAS.	$291,545	$0	$21,500	$0	$0	$0	$29,000	$0	$16,132	$0	$358,177	$0
CLAIRE AIGOTTI
GENERAL COUNSEL/ASST SECRETARY	$265,457	$0	$1,500	$0	$151	$0	$26,546	$0	$16,213	$0	$309,867	$0
JAMES DANKO
PRESIDENT	$615,250	$0	$156,750	$0	$75,222	$0	$48,969	$0	$7,965	$0	$904,156	$0
SUSAN WESTERMEYER
CONTROLLER/ASST TREASURER	$129,099	$0	$2,500	$0	$0	$0	$12,910	$0	$12,743	$0	$157,252	$0
BARRY COLLIER
VP AND ATHLETICS DIRECTOR	$356,305	$0	$21,500	$0	$15,058	$0	$29,000	$0	$14,856	$0	$436,719	$0
KURT GODLEVSKE
HEAD COACH, WOMEN'S BASKETBALL	$256,332	$0	$2,500	$0	$4,097	$0	$25,633	$0	$17,232	$0	$305,794	$0
LAVALL JORDAN
HEAD COACH, MEN'S BASKETBALL	$1,730,833	$0	$2,500	$0	$20,413	$0	$26,667	$0	$17,127	$0	$1,797,540	$0
JONATHAN PURVIS
VP-ADVANCEMENT	$272,582	$0	$21,500	$0	$0	$0	$27,258	$0	$17,100	$0	$338,440	$0
BRENT ROCKWOOD
VP-CHIEF OF STAFF	$232,046	$0	$26,500	$0	$0	$0	$23,204	$0	$16,188	$0	$297,938	$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE J, PART I, LINE 1A	OTHER BENEFITS: CHARTER TRAVEL IS OCCASIONALLY USED FOR CERTAIN ATHLETIC TEAM TRAVEL WHEN IT CREATES AN OPPORTUNITY TO REDUCE MISSED CLASS TIME FOR STUDENT ATHLETES. CHARTER TRAVEL IS ALSO USED BY ATHLETIC DEPARTMENT PERSONNEL ON A LIMITED BASIS FOR ATHLETIC RECRUITING PURPOSES AND BY JAMES DANKO, THE UNIVERSITY'S PRESIDENT, WHEN COMMERCIAL TRAVEL IS NOT EFFICIENT. THE VALUE OF PERSONAL TRAVEL IS INCLUDED IN MR. DANKO'S TAXABLE INCOME. SPOUSAL TRAVEL IS PROVIDED TO THE ATHLETIC DIRECTOR, BARRY COLLIER, ON OCCASION. THE VALUE OF THIS SPOUSAL TRAVEL IS INCLUDED IN HIS TAXABLE INCOME. BUTLER UNIVERSITY PROVIDES A RESIDENCE AND HOUSEHOLD SERVICES FOR JAMES DANKO, THE UNIVERSITY'S PRESIDENT. THE RESIDENCE AND HOUSEHOLD SERVICES ARE NOT INCLUDED IN MR. DANKO'S TAXABLE INCOME. THE RESIDENCE IS FURNISHED FOR THE CONVENIENCE OF BUTLER UNIVERSITY, AND IT IS AVAILABLE FOR USE TO HOST FACULTY, STAFF, AND STUDENT FUNCTIONS. JAMES DANKO WAS REQUIRED TO LIVE IN THE RESIDENCE AS A CONDITION OF HIS EMPLOYMENT, AND HIS RESIDENCE IS CONTIGUOUS TO BUTLER'S CAMPUS. BUTLER UNIVERSITY PAYS SOCIAL CLUB DUES FOR JAMES DANKO, BARRY COLLIER, LAVALL JORDAN, AND KURT GODLEVSKE. THE PERSONAL USE OF THESE DUES IS INCLUDED IN EACH EMPLOYEE'S TAXABLE INCOME.
SCHEDULE J, PART I, LINE 4A	SEVERANCE PAYMENTS: KURT GODLEVSKE AND LAVALL JORDAN RECEIVED SEVERANCE PAYMENTS IN APRIL 2022 AND MAY 2022 RESPECTIVELY. THESE AMOUNTS ARE NOT REFLECTED IN PART II OF SCHEDULE J.
SCHEDULE J, PART I, LINE 7	NON-FIXED PAYMENTS: THE BONUSES INCLUDED IN PART II, COLUMN (II) ARE PERFORMANCE-BASED BONUSES FOR 2020-21. THESE BONUSES WERE APPROVED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
INDIANA FINANCE AUTHORITY
A	521698917	45506DNQ4	2014-10-15	$24,330,000	SUNSET AVE PARKING GARAGE	false	false	false
INDIANA FINANCE AUTHORITY
B	521698917	45506D3M5	2019-07-16	$54,225,000	CONSTRUCTION, RENOV, REFUND LONG-T	false	false	false
INDIANA FINANCE AUTHORITY
C	521698917		2017-08-30	$30,330,000	CONSTRUCTION, RENOVATIONS	false	false	false
INDIANA FINANCE AUTHORITY
D	521698917		2017-12-13	$16,930,000	ACQUISITION LAND, BUILDINGS, CONST	false	false	false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Bond DefeasedBondDefeasedAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Capitalized InterestCapitalizedInterestAmt	Refunding EscrowRefundingEscrowAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Credit EnhancementCreditEnhancementAmt	Working Capital ExpendituresWorkingCapitalExpendituresAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	UnspentUnspentAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$3,140,000	$0	$26,310,744	$0	$0	$0	$296,545	$0	$0	$0	$26,014,199	$0	2015	false	false	Yes (true)	Yes (true)
B	$4,615,000	$0	$54,225,000	$0	$0	$23,650,815	$471,041	$0	$0	$0	$30,103,144	$0	2022	Yes (true)	false	Yes (true)	Yes (true)
C	$500,000	$0	$30,330,000	$0	$0	$0	$285,573	$0	$0	$0	$30,044,427	$0	2019	false	false	Yes (true)	Yes (true)
D	$0	$0	$16,930,000	$0	$0	$0	$118,116	$0	$0	$0	$16,811,884	$0	2019	false	false	Yes (true)	Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Engage Bond Counsel ContractsEngageBondCounselContractsInd	Any Research AgreementsAnyResearchAgreementsInd	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Remedial Action TakenRemedialActionTakenInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	false	false	Yes (true)	Yes (true)	false	false	false	false	Yes (true)
B	false	false	false	Yes (true)	false	false	false	false	Yes (true)
C	false	false	Yes (true)	Yes (true)	false	false	false	false	Yes (true)
D	false	Yes (true)	Yes (true)	Yes (true)	false	false	false	false	Yes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Business Name Line1GICProviderName/BusinessNameLine1Txt	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd	No Rebate DueNoRebateDueInd
0
A	false	Yes (true)	false	false	false	0	Yes (true)	false
0
B	false		false	false	false	0	Yes (true)	false	Yes (true)
0
C	false	Yes (true)	false	false	false	0	Yes (true)	false
0
D	false	Yes (true)	false	false	false	0	Yes (true)	false

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (true)
B	Yes (true)
C	Yes (true)
D	Yes (true)

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
INDIANA FINANCE AUTHORITY
A	521698917	2021-07-28	$27,665,000	CONSTRUCTION, RENOVATIONS	false	false	false
INDIANA FINANCE AUTHORITY
B	351602316	2022-02-01	$38,895,000	REFUND SERIES 2012 BONDS	false	false	false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Bond DefeasedBondDefeasedAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Capitalized InterestCapitalizedInterestAmt	Refunding EscrowRefundingEscrowAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Credit EnhancementCreditEnhancementAmt	Working Capital ExpendituresWorkingCapitalExpendituresAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	UnspentUnspentAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$0	$0	$32,322,066	$0	$0	$0	$322,066	$0	$0	$0	$0	$32,000,000	2023	false	false	false	Yes (true)
B	$0	$0	$38,895,000	$0	$0	$38,690,000	$205,000	$0	$0	$0	$38,690,000	$0	2022	Yes (true)	false	Yes (true)	Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Engage Bond Counsel ContractsEngageBondCounselContractsInd	Any Research AgreementsAnyResearchAgreementsInd	Private Bus Use By OthersPrivateBusUseByOthersPct	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Remedial Action TakenRemedialActionTakenInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd	Private Bus Concerning UBIPrivateBusConcerningUBIPct	Total Private Business UseTotalPrivateBusinessUsePct
A	false	false	false	Yes (true)	false	0	false	false	false	Yes (true)
B	false	false	Yes (true)	Yes (true)	false	0.00710	false	false	false	Yes (true)	0.02460	0.03170

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Business Name Line1GICProviderName/BusinessNameLine1Txt	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
0
A	false	Yes (true)	false	false	false	0	Yes (true)	false
0
B	false	Yes (true)	false	false	false	0	Yes (true)	false

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (true)
B	Yes (true)

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

Field	Value	IRS element (for citing)
Person	NA	PersonNm
Relationship With Org	N/A	RelationshipWithOrgTxt
Cash Grant	$41,900	CashGrantAmt
Type Of Assistance	ACADEMIC SCHOLARSHIPS	TypeOfAssistanceTxt
Assistance Purpose	ACADEMIC SCHOLARSHIPS	AssistancePurposeTxt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Field	Value	IRS element (for citing)
Person	BETHANIE DANKO	PersonNm

Field	Value	IRS element (for citing)
Relationship Description	FAMILY MEMBER OF PRES.	RelationshipDescriptionTxt
Transaction	$62,035	TransactionAmt
Transaction	EMPLOYMENT	TransactionDesc
Sharing Of Revenues	false	SharingOfRevenuesInd

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$400	NoncashContributionsRptF990Amt
Method Of Determining Revenues	APPRAISAL VALUE	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Art Historical Treasures		ArtHistoricalTreasuresGrp
Art Fractional Interest		ArtFractionalInterestGrp
Books And Publications		BooksAndPublicationsGrp
Clothing And Household Goods		ClothingAndHouseholdGoodsGrp
Cars And Other Vehicles		CarsAndOtherVehiclesGrp
Boats And Planes		BoatsAndPlanesGrp
Intellectual Property		IntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	53	ContributionCnt
Noncash Contributions Rpt F990	$4,784,275	NoncashContributionsRptF990Amt
Method Of Determining Revenues	STOCK QUOTE	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Securities Closely Held Stock		SecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust Intrsts		SecurPrtnrshpTrustIntrstsGrp
Securities Miscellaneous		SecuritiesMiscellaneousGrp
Qualified Contrib Hist Struct		QualifiedContribHistStructGrp
Qualified Contrib Other		QualifiedContribOtherGrp
Real Estate Residential		RealEstateResidentialGrp
Real Estate Commercial		RealEstateCommercialGrp
Real Estate Other		RealEstateOtherGrp
Collectibles		CollectiblesGrp
Food Inventory		FoodInventoryGrp
Drugs And Medical Supplies		DrugsAndMedicalSuppliesGrp
Taxidermy		TaxidermyGrp
Historical Artifacts		HistoricalArtifactsGrp
Scientific Specimens		ScientificSpecimensGrp
Archaeological Artifacts		ArchaeologicalArtifactsGrp

Other Non Cash Contri Table OtherNonCashContriTableGrp (5 entries)

Non Cash CheckboxNonCashCheckboxInd	DescDesc	ContributionContributionCnt	Noncash Contributions Rpt F990NoncashContributionsRptF990Amt	Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)	FOOD/BEVERAGE/MEALS	4	$12,693	COST
Yes (X)	FURNITURE/EQUIPMENT	2	$11,270	FMV
Yes (X)	INSTRUCTIONAL MATERIALS	2	$5,050	COST
Yes (X)	PRIZES	1	$165	COST
Yes (X)	CEMETERY PLOTS	1	$250,000	FMV

Field	Value	IRS element (for citing)
Form8283 Received	1	Form8283ReceivedCnt
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (true)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	false	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE M, PART I, COLUMN (B)	FormAndLineReferenceDesc
Explanation	NUMBER OF CONTRIBUTORS: BUTLER UNIVERSITY REPORTS THE NUMBER OF CONTRIBUTORS IN COLUMN (B).	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	PROCESS TO REVIEW FORM 990: BUTLER UNIVERSITY'S BOARD OF DIRECTORS HAS FORMALLY DELEGATED AUTHORITY FOR THE REVIEW OF ITS FORM 990 TO THE BUTLER UNIVERSITY STEWARDSHIP COMMITTEE. IN ADDITION, BUTLER'S OUTSIDE ACCOUNTING FIRM REVIEWED THE FORM 990 PRIOR TO FILING. BUTLER UTILIZED THIS PROCESS TO ENSURE THAT ITS FORM 990 RECEIVED SUBSTANTIVE REVIEW BY DIRECTORS AND PROFESSIONALS WITH SPECIFIC KNOWLEDGE OF BUTLER'S ACTIVITIES AND EXTENSIVE FINANCIAL, ACCOUNTING AND TAX EXPERTISE. BUTLER PROVIDED A COMPLETE COPY OF THE RETURN TO THE ENTIRE BOARD PRIOR TO FILING THE TAX RETURN.
FORM 990, PART VI, SECTION B, LINE 12C	MONITORING & ENFORCEMENT OF COMPLIANCE WITH CONFLICT OF INTEREST POLICY: BUTLER UNIVERSITY HAS ADOPTED A CONFLICT OF INTEREST POLICY THAT REQUIRES DIRECTORS, OFFICERS AND KEY EMPLOYEES TO SUBMIT AN ANNUAL CONFLICT OF INTEREST DISCLOSURE. THE ANNUAL DISCLOSURE REQUIRES DIRECTORS, OFFICERS AND KEY EMPLOYEES TO DISCLOSE, IN WRITING, ANY KNOWN FINANCIAL INTEREST THAT THE INDIVIDUAL (TOGETHER WITH FAMILY MEMBERS) HAS IN ANY BUSINESS ENTITY THAT TRANSACTS BUSINESS WITH BUTLER UNIVERSITY. IN ADDITION, DIRECTORS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO IMMEDIATELY DISCLOSE ANY POSSIBLE CONFLICT OF INTEREST THAT ARISES MID-YEAR IN RELATION TO A PROPOSED TRANSACTION. THE CONFLICT OF INTEREST POLICY REQUIRES THAT ANY INDIVIDUAL WITH A CONFLICT BE RECUSED FROM THE DECISION-MAKING PROCESS, THAT INDEPENDENT DIRECTORS OR COMMITTEE MEMBERS DETERMINE THAT THE PROPOSED TRANSACTION IS IN THE BEST INTERESTS OF BUTLER UNIVERSITY, AND THE TRANSACTION MUST BE APPROVED BY A VOTE OF THE INDEPENDENT DIRECTORS OR COMMITTEE MEMBERS WITHOUT THE PARTICIPATION OF ANY INTERESTED INDIVIDUAL. THE ANNUAL CONFLICT DISCLOSURE STATEMENTS ARE SUBMITTED TO AND REVIEWED BY THE STEWARDSHIP COMMITTEE, COMPOSED OF INDEPENDENT OUTSIDE DIRECTORS. IN ADDITION, THE EXECUTIVE STAFF IS RESPONSIBLE FOR MONITORING ANY POSSIBLE CONFLICT TRANSACTIONS THAT ARISE AND MANAGING THEM TO ENSURE THAT ALL TRANSACTIONS REPRESENT ARMS' LENGTH, FAIR MARKET VALUE TERMS FOR THE BENEFIT OF BUTLER UNIVERSITY.
FORM 990, PART VI, SECTION B, LINE 15A & 15B	PROCESS TO DETERMINE PRESIDENT AND OFFICER COMPENSATION: BUTLER UNIVERSITY HAS ADOPTED AN EXECUTIVE COMPENSATION AND INTERMEDIATE SANCTIONS POLICY THAT ENSURES THAT ALL COMPENSATION ARRANGEMENTS WITH RELATED PARTIES ARE EVALUATED AND ENTERED AT ARMS' LENGTH AND THAT ANY COMPENSATION THAT IS PAID TO A RELATED PARTY IS REASONABLE AND REFLECTS FAIR MARKET VALUE. THE POLICY ENCOURAGES THE APPLICATION OF THE REBUTTABLE PRESUMPTION STANDARD OF CODE SECTION 4958 AND THE RELATED TREASURY REGULATIONS BY (A) EXCLUDING ANY INTERESTED PARTY FROM THE DECISION MAKING PROCESS; (B) REQUIRING DISINTERESTED BOARD OR COMMITTEE MEMBERS TO OBTAIN AND RELY UPON COMPARABILITY DATA WHEN SETTING THE PROPOSED COMPENSATION TERMS; (C) REQUIRING APPROVAL OF THE TRANSACTION IN ADVANCE BY DISINTERESTED DIRECTORS OR COMMITTEE MEMBERS; AND (D) REQUIRING CONTEMPORANEOUS DOCUMENTATION (I.E., MINUTES) REFLECTING THE DECISION AND THE PROCESS BY WHICH IT WAS MADE. BUTLER UNIVERSITY HAS DELEGATED AUTHORITY REGARDING EXECUTIVE COMPENSATION MATTERS TO THE EXECUTIVE COMPENSATION COMMITTEE, COMPOSED OF INDEPENDENT OUTSIDE DIRECTORS. THE COMMITTEE IS RESPONSIBLE FOR APPLYING THE TERMS AND PROCESS OF THE EXECUTIVE COMPENSATION AND INTERMEDIATE SANCTIONS POLICY AS OUTLINED ABOVE. THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWED THE COMPENSATION IN 2022. COMPENSATION REVIEW OF OTHER OFFICERS WAS CONDUCTED AS PART OF THE ANNUAL PERFORMANCE REVIEW PROCESS.
FORM 990, PART VI, SECTION C, LINE 19	AVAILABILITY OF GOVERNING DOCUMENTS, COI POLICY, FORM 990, AND FS: THE UNIVERSITY MAKES THE FORM 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST AT THE UNIVERSITY'S BUSINESS OFFICE. THE FORM 990 IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	End Of Year AssetsEndOfYearAssetsAmt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Total IncomeTotalIncomeAmt
BUTLER UNIVERSITY INVESTMENTS LLC
4600 SUNSET AVENUE	INDIANAPOLIS	IN	46208	812916984	INVESTMENTS	IN	$1,739,325	BUTLER UNIV
BUTLER UNIVERSITY INSURANCE HOLDINGS LLC
4600 SUNSET AVENUE	INDIANAPOLIS	IN	46208	815442157	INSURANCE	IN	$218,001	BUTLER UNIV	$81,000
BUTLER VENTURES LLC
4600 SUNSET AVENUE	INDIANAPOLIS	IN	46208	843893440	INNOVATION	IN		BUTLER UNIV
AVANTBLUE LLC
4600 SUNSET AVE	INDIANAPOLIS	IN	46208	844566710	TECH SERVICES	IN	$14,732	BUTLER UNIV

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Exempt Code SectionExemptCodeSectionTxt	Public Charity StatusPublicCharityStatusTxt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Controlled OrganizationControlledOrganizationInd
BUTLER FOUNDATION
4600 SUNSET AVENUE	INDIANAPOLIS	IN	46208	356016441	GIFT RECEIPT	IN	501(C)(3)	12 TYPE I	BUTLER UNIV	Yes (true)
INDEPENDENT COLLEGES OF INDIANA
30 SOUTH MERIDIAN STREET	INDIANAPOLIS	IN	46208	310901001	EDU SUPPORT	IN	501(C)(3)	12 TYPE I	NA	false
ENDLESS SUCCESS FOUNDATION INC
10 WEST MARKET ST SUITE 1990	INDIANAPOLIS	IN	46204	472791355	GRANT FDN	IN	501(C)(3)	12 TYPE III	NA	false

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	CHARITABLE REMAINDER UNITRUSTS (7)	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Primary Activities	TRUST	PrimaryActivitiesTxt
Legal Domicile State	IN	LegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	NA	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Entity Type	TRUST	EntityTypeTxt
Controlled Organization	false	ControlledOrganizationInd

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	false	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	false	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	Yes (true)	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	false	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	false	DivRelatedOrganizationInd
Asset Sale To Other Org	false	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	false	AssetPurchaseFromOtherOrgInd
Asset Exchange	false	AssetExchangeInd
Rental Of Facilities To Oth Org	false	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	false	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	false	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	false	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	false	SharingOfFacilitiesInd
Paid Employees Sharing	false	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	false	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	false	TransferToOtherOrgInd
Transfer From Other Org	false	TransferFromOtherOrgInd