2023-05-13T12:56:55-00:00 2022-06-30 990 2021-07-01 390806251 Marquette University MARQ 4142887933 PO Box 1881 Milwaukee WI 532011881 Ian Gonzalez Vice President for Finance 4142887933 2023-05-10 false Ian Gonzalez XXX-XX-XXXX 2 AAL1 IAL1 2021 2023-04-26 12:10:37Z Ian Gonzalez PO Box 1881 Milwaukee WI 532011881 976852615 false X www.marquette.edu X 1905 WI As a Catholic, Jesuit university our mission is to search for truth, discover share knowledge, foster personal professional excellence, promote a life of faith and develop leadership expressed in service to others. 30 22 7849 1970 1771354 132459500 111350114 539430486 544039393 37508000 40498000 15990014 37508993 725388000 733396500 192052701 200387487 0 267996039 263859347 72000 18000 13650687 159073260 174534166 619194000 638799000 106194000 94597500 1967198000 1939220300 551582000 514779100 1415616000 1424441200 X As a Catholic, Jesuit university our mission is to search for truth, discover share knowledge, foster personal professional excellence, promote a life of faith and develop leadership expressed in service to others. See Schedule O. false false 352682000 197062000 458475330 Instruction Consistently ranked among the top 100 colleges and universities nationwide, Marquette annually enrolls more than 11,300 students in undergraduate, graduate and professional programs and confers approximately 3,200 degrees annually. Marquette offers 78 undergraduate majors and 83 minors to students in the College of Arts and Sciences, Business Administration, Communication, Education, Engineering, Health Sciences and Nursing. Marquette has more than 70 doctoral and masters degree programs, more than 20 graduate certificate programs, and a School of Dentistry and Law School. The Graduate School of Management has nationally ranked MBA programs as well as specialty masters programs in several business areas. Marquette has Wisconsins only School of Dentistry and one of only two law schools in the state. 75254000 37510000 Student Services We know that learning occurs outside, as well as inside, the classroom. Our core values of excellence, faith, leadership and service are fostered through student participation in our residence hall communities and campus organizations, which include academic and professional groups, club and recreational sports, spiritual activities and community service organizations. Marquettes urban location, just blocks from downtown Milwaukee, gives students ample opportunities for internships, co-op experiences and part-time employment. On campus, professionals in the Office of Student Affairs, Student Health Service, Counseling Center and Campus Ministry, as well as faculty and other staff, help students as they navigate the challenges of young adult life. Marquette also has an Educational Opportunity Program, which provides academic opportunity and support to first-generation college students, students from under-represented groups or ethnicities and students from low-income families. 52911000 131166000 Academic Support and Library All Marquette undergraduates receive a strong liberal arts foundation through the universitys Core of Common Studies, which includes courses in nine core knowledge areas. Curriculum development is an ongoing process, with faculty support available through the Center for Teaching and Learning and various departmental resources. Programs for faculty development include curriculum enhancement and diversity grants, teaching enhancement wards, fellowship awards for research, young scholar awards and summer faculty fellowships. The Preparing Future Faculty Program encourages the development of graduate students for the multiple roles they will face as faculty members. 99695923 104294000 580542923 true true false true false false false true true true true true false false true true true false true true true true true true true false false true true true true false false false false false true true true false true false false false false true false false false false true X 1598 0 true 7849 true true true true SF false false false true true false false false false false false false false false false false false X 30 22 true false false false false false false true true false false true true true true true true true true false X X X Dennis J Butler 4142887933 PO Box 1881 Milwaukee WI 532011881 X Mr Steven M Wojciechowski Mens Basketball Head Coach 040.00 X 5453787 0 0 Mr Shaka Smart Mens Basketball Head Coach 040.00 X 2143900 0 0 Dr Michael R Lovell President 040.00 X X 824177 0 0 Ms Megan Duffy Womens Basketball Head Coach 040.00 X 475553 0 0 Mr William G Scholl VP Director Athletics 040.00 X 466452 0 0 Mr Timothy McMahon VP for University Advancement 040.00 X 408301 0 0 Mr Joel S Pogodzinski Treasurer 040.00 X 408157 0 0 Dr James K Ah Yun Vice President 040.00 X 386691 0 0 Mr Joseph D Kearney Dean Law School 040.00 X 373487 0 0 Mr Paul J Jones Assistant Secretary 040.00 X 354350 0 0 Dr William K Lobb Dean Dental School 040.00 X 333820 0 0 Mr Ian Gonzalez Assistant Treasurer 040.00 X 315985 0 0 Mr Sean Gissal Chief Investment Officer 040.00 X 302142 0 0 Dr Kristina M Ropella Dean Engineering 040.00 X 278451 0 0 Dr William E Cullinan Dean Health Sciences 040.00 X 264669 0 0 Dr Heidi J Bostic Dean Arts Sciences 040.00 X 251708 0 0 Mr Steven W Frieder Secretary 040.00 X 158288 0 0 Mr Todd Adams Trustee 001.00 X 0 0 0 Ms Joanna M Bauza Trustee 001.00 X 0 0 0 Mr Tim M Bergstrom Trustee 001.00 X 0 0 0 Mr Rick T Dillon Trustee 001.00 X 0 0 0 Mr Robert J Eck Trustee 001.00 X 0 0 0 Hon Janine P Geske Trustee 001.00 X 0 0 0 Mr Jon D Hammes Trustee 001.00 X 0 0 0 Ms Nancy Hernandez Trustee 001.00 X 0 0 0 Rev Thomas A Lawler SJ Trustee 001.00 X 0 0 0 Mr Patrick S Lawton Trustee 001.00 X 0 0 0 Rev Brian F Linnane SJ Trustee 001.00 X 0 0 0 Mr Vincent P Lyles Trustee 001.00 X 0 0 0 Mr Raymond J Manista Trustee 001.00 X 0 0 0 Rev Patrick McGrath SJ Trustee 001.00 X 0 0 0 Mr Micky S Minhas Trustee 001.00 X 0 0 0 Rev Thomas W Neitzke SJ Trustee 001.00 X 0 0 0 Dr Janis M Orlowski Trustee 001.00 X 0 0 0 Rev Michael Rozier SJ Trustee 001.00 X 0 0 0 Rev Nicholas Santos SJ Trustee 001.00 X 0 0 0 Ms Amy Ford Souders Trustee 001.00 X 0 0 0 Mr William R Stemper Trustee 001.00 X 0 0 0 Mr Owen J Sullivan Trustee 001.00 X 0 0 0 Mr Christoper J Swift Trustee 001.00 X 0 0 0 Ms Peggy Troy Trustee 001.00 X 0 0 0 Mr Joseph A Walicki Trustee 001.00 X 0 0 0 Mr Thomas H Werner Trustee 001.00 X 0 0 0 Ms Chris Woleske Trustee 001.00 X 0 0 0 Hon James A Wynn Jr Trustee 001.00 X 0 0 0 Rev Michael A Zampelli SJ Trustee 001.00 X 0 0 0 13199918 477 true true false Sodexho Inc & Affiliates 1926 W Wisconsin Avenue Suite 250 Milwaukee WI 53233 Food Services 13469356 J H Findorff & Son Inc 300 S Bedford Street Madison WI 53703 Construction Services 13389745 Beeler Construction N56 W16758 Ridgewood Drive Menomonee Falls WI 53051 Construction Services 3894254 HSRE Core Holding I LLC 444 W Lake Street Suite 2100 Chicago IL 60606 Student Housing 3787472 ORBIS Education Services LLC 301 Pennsylvania Parkway Suite 400 Indianapolis IN Professional Fees 3022116 69 451748 11313127 99585239 43717186 111350114 Tuition and Fees 611710 447934407 447934407 Sales by Educational Departments 611710 10540923 10540923 Auxilliary Departments 611710 51844234 51684606 159628 Fees/Contracts with Governmental Agencies 900099 33719829 33719829 544039393 1952000 1611726 340274 25875 25875 1479670 1542560 -62890 -62890 -62890 278838000 240292000 38546000 38546000 38546000 179726 451748 179726 2955081 1441829 1513252 1513252 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These same employees and senior leadership may have direct contact with legislators, their staffs and government officials. Marquette University pays membership dues to other organizations per the membership invoices. Some of these organizations may lobby on behalf of the membership. X X X X false false false 928999000 35033000 -31533000 19692020 18680980 894126000 715805000 34520000 213247000 17579551 16993449 928999000 705476000 34533000 5706000 15252469 14657531 715805000 678408000 20893000 34334000 12055232 16103768 705476000 647227000 21470000 36740000 11914467 15114533 678408000 0.13000 0.87000 true false 51423500 37870000 853897000 391263500 462633500 174729500 146923000 27806500 228268300 105079500 123188800 651498800 5539251 F Financial derivatives and other financial products 5539251 F Closely-held equity interests Alternative Investments 493964218 F Real Estate Limited Partnerships 20250424 F 519753893 Federal income taxes Payable Under Securities Lending Agreement Payable to Beneficiaries Under Split-Interest Agreements 1776500 Refundable Federal Loan Grants 28204500 Postretirement Benefits Payable 4906000 Rounding 100 34887100 X 536334368 536334368 197062132 197062132 733396500 441736868 441736868 197062132 197062132 638799000 III 1a The university has various collections of fine arts and rare books in museums, libraries and on loan. The university does not assign or record a value to art works and other collections received as gifts or purchased with contributions restricted for that purpose. Valuations for some collections are updated periodically, and as such, the total value of all fine arts may vary with appraisals and/or auction prices. Accordingly, the value of fine art and other collections has been excluded from the statements of financial position. Proceeds, if any, from deaccessions or insurance recoveries are reflected as increases in the appropriate net asset classes. The art and other collections are subject to a requirement that proceeds from their sales be used to acquire other items for collections. Fine arts are included in insurance coverage for the university property and a separate policy is also secured for fine art of high value and where appraised values are listed. As of June 30, 2022, the specific policy covering high valued works provides for insured coverage of 100,000,000 aggregate limit subject to policy sublimit, including 3,000,000 for Joan of Arc Chapel for any loss or one occurrence and includes some appraised items from the library collections. III 4 The Haggerty Museum serves as a laboratory for learning focused on visual arts by collecting, exhibiting and interpreting works of art in the context of Marquette University and the City of Milwaukee. The Museums exhibitions and educational programs are designed to contribute to transformational life-long learning and enjoyment of the arts. V 4 Endowment earnings are used for student scholarships, academic program support and general operations. X 2 The University is exempt from federal income tax under Section 501c3 of the Internal Revenue Code and Section 71.261a of the Wisconsin statutes and is generally not subject to federal and state income taxes. However, the University is subject to income taxes on any income that is derived from a trade or business regularly carried on, and not in furtherance of the purposes for which it was granted exemption. X 2 The University has adopted FASB ASC Subtopic 740, Income Taxes, related to accounting for uncertainty in income taxes, which prescribes a recognition threshold and measurement of a tax position taken or expected to be taken in a tax return. The interpretation requires that the entity account for and disclose in the financial statements the impact of a tax position if that position will more likely than not be sustained upon examination based on the technical merits of the position. The University has evaluated the financial statement impact of tax positions taken or expected to be taken and determined it has no uncertain tax position that would require tax assets or liabilities to be recorded in accordance with accounting guidance at June 30, 2022 or 2021. X 2 As of June 30, 2022, the University has a federal tax credit carryforward of 2,193,000, which expires between fiscal years 2035 and 2039. XI 4b Tuition discount. XII 4b Tuition discount. true true true true true true true false false false false false false false false true false true 6a The university receives a variety of federal and state grants. Europe Including Iceland and Greenland Program Services International Education 917824 Sub-Saharan Africa 1 1 Program Services International Education 58769 1 1 1 1 976593 976593 Scholarship Europe Including Iceland and Greenland 91 917824 Cash, Wire FMV true false true true true false Part I Line 2 Students receive aid that is applied toward the tuition expenses for courses taken in the study abroad programs. At the completion of the course, the participating institutions send to Marquette a transcript for each student. The Registrars Office at Marquette certifies the transcripts, then sends them to the Office of International Education or the College of Business Administration dependent on program for further review and evaluation. After this review they are returned to the Registrars Office and course credit, if applicable, is applied to the student records. X X X X X X X true Donald A Campbell & Company One East Wacker Drive Suite 2100 Chicago IL 60601 Campaign Counsel false 18000 18000 All States Blue Gold 469509 375221 94288 94288 PILS 51155 29162 21993 21993 2 110810 47365 63445 63445 631474 451748 179726 179726 179726 Part I Line 2b A portion of the university presidents duties consist of fundraising. true Alzheimer's Association 620 S 76th Street Suite 160 Milwaukee WI 53214 391350965 501 c3 14540 Research Board of Regents-University of WI System-Madison GAR Acct-ORSP Drawer 538 Milwaukee WI 532780538 396006492 501 c3 7032 Research Board of Regents-University of WI System-Milwaukee PO Box 500 Milwaukee WI 53201 396006492 501 c3 25566 Research Colorado School of Mines PO Box 911911 Denver CO 802911911 846000551 State of Colorado 103188 Research Confluency LLC 5215 N Ravenswood AveSte 305 Chicago IL 62510 842105508 For Profit 8273 Research Cristo Ray Jesuit Corporate Work Study Program Inc 1215 S 45th Street West Milwaukee WI 53214 471942790 501 c3 15000 Other Florida State University 874 Traditions Way Tallahassee FL 32306 591961248 501 c3 73162 Research General Motors LLC 300 Renaissance Center Detroit MI 48265 270383222 For Profit 12788 Research Lutheran Social Services 647 W Virginia Street Milwaukee WI 532041535 390816846 501c3 56523 Research Lutheran Social Services 647 W Virginia Street Milwaukee WI 532041535 390816846 501c3 172965 Other Milwaukee Area Technical College 700 W State Street Milwaukee WI 53233 396003459 State of Wisconsin 53730 Research Medical College of Wisconsin 8701 Watertown Plank Road Box 26509 Milwaukee WI 532260509 390806261 501c3 890970 Research Milwaukee Public Schools PO Box 2181 Milwaukee WI 532019768 396003457 City of Milwaukee 197866 Research Near West Side Partners 624 N 24th Street Milwaukee WI 53233 472708769 501c3 7378 Research Near West Side Partners 624 N 24th Street Milwaukee WI 53233 472708769 501c3 468711 Other New Beginnings Are Possible Inc 6100 N 42nd Street PO Box 90582 Milwaukee WI 53209 391913547 501 c3 25000 Research Niron Magnetics Inc 650 Taft Street NE Suite 400 Minneapolis MN 55413 464129306 For Profit 22305 Research Raytheon Technologies Corporation 411 Silver Lane East Hartford CT 06118 060570975 For Profit 273374 Research The Board of Trustees University of Illinois 809 South Marshfield Avenue 511 MB Chicago IL 606127205 376000511 501 c3 213271 Research United States Dept of Agriculture Collections PO Box 979099 St Louis MO 631799000 977735986 Federal 45673 Research University of Chicago UChicago Argonne LLC PO Box 87916 Carol Stream IL 60188 362177139 State of Illinois 172876 Research University of Cincinnati Accounts Receivable PO Box 691031 Cincinnati OH 452691031 316000989 State of Ohio 21035 Research University of Delaware Cashiers Office 30 Lovett Avenue Newark DE 19716 516000297 501 c3 33301 Research University of Florida - Board of Trustees Contracts/Grants PO Box 113001 Gainsville FL 32611 596002052 501 c3 19509 Research University of Kentucky c/o PNC Bank PO Box 93113 Cleveland OH 44193 616001218 Commonwealth of Kent 23892 Research University of Miami Research Admin PO Box 405803 Atlanta GA 303845803 590624458 501 c3 87051 Research University of Vermont and State Agricultural College Spon Proj Adm 217 Waterman Bldg Burlington VT 05405 030179440 501 c3 10092 Research University of Wisconsin-Milwaukee PO Box 500 Milwaukee WI 532010500 391805963 501 c3 21003 Research Versiti Inc 29779 Network Place Chicago IL 606731297 454675354 For Profit 12375 Research Virginia Polytechnic Institute and State University 800 Washington Street SW Blacksburg VA 24061 546001805 Commonwealth of Virg 210906 Research Walnut Way Conservation Corp 2240 North 17th Street Milwaukee WI 53205 392007850 501 c3 26000 Other 26 5 Undergraduate Competitive Scholarships 7266 144079683 Undergraduate Noncompetitive Scholarships 7022 18654251 Financial Aid for Room and Board 2652 17019275 Graduate Scholarships 1722 16391099 X X X X X X false true X X X X X X true false false true false false false true false Dr Michael R Lovell President 631568 192609 23200 90683 938060 Dr James K Ah Yun Vice President 386691 11733 38704 437128 Mr Joel S Pogodzinski Treasurer 407137 1020 20798 82643 511598 Mr Ian Gonzalez Assistant Treasurer 315985 1937 31105 349027 Mr Steven W Frieder Secretary 158288 8661 16984 183933 Mr Paul J Jones Assistant Secretary 354350 57206 411556 Dr Kristina M Ropella Dean Engineering 278451 9565 25021 313037 Dr William E Cullinan Dean Health Sciences 264669 14306 34469 313444 Dr Heidi J Bostic Dean Arts Sciences 251708 14133 28643 294484 Mr Timothy McMahon VP for University Advancement 341859 50000 16442 18947 27238 454486 Mr Sean Gissal Chief Investment Officer 302142 16640 76640 395422 Mr Shaka Smart Mens Basketball Head Coach 2083130 5000 55770 20167 53192 2217259 Ms Megan Duffy Womens Basketball Head Coach 394625 66525 14403 20691 27879 524123 Mr William G Scholl VP Director Athletics 404452 53000 9000 22528 32343 521323 Mr Joseph D Kearney Dean Law School 373487 16934 36883 427304 Dr William K Lobb Dean Dental School 333820 18428 30024 382272 Mr Steven M Wojciechowski Mens Basketball Head Coach 607207 60000 4786580 93755 5547542 Part I Line 1a First class or charter travel is offered on a limited basis. Travel for companions is offered on a limited basis. Part I Line 1a Tax indemnification and gross-up payments are offered to university employees on a limited basis. Part I Line 1a Health and social club fees or initiation fees are offered on a limited basis. Part I Line 1a Housing was provided on a limited basis for new employees who had to relocate. Part II Line 10, 12-14 Bonuses and other reportable compensation per contracts. Part II Line 17 Other reportable compensation includes a 4.6 million payment to Coach Steven M Wojciechowski representing the first half of termination payments for the remaining three years under his employment contract. A WHEFA 2019 391337855 97712D2S4 2019-10-22 52142669 Construction project false false false B WHEFA 2016 391337855 97712DTG1 2016-10-18 96989222 Various construction projects false false false C WHEFA 2012 391337855 97710B5G3 2012-10-01 96596215 Various construction projects false false false A 5355000 52142669 36684020 458649 15017582 2020 true false true true B 6890000 96989222 41791398 749787 48487332 2018 true false true true C 18290000 96596215 50844219 751996 45000000 2016 true false true true A false false false false 0.00880 0.00880 false false true B false false true false false 0.00770 0.00770 false false true C false false true false false 0.00780 0.00780 false true A false true false false false false false false true B false true false true false false false false true C false true false true false false false false true A true B true C true Part IV Line 2c B Rebate Computation Date 09/13/21 Part IV Line 2c C Rebate Computation Date 09/18/17 Dr Michael R Lovell President Retention X 1250000 416667 false true 416667 Various 193330 Tuition Remission Various 86870 Merit Based Scholarship Mr Raymond J Manista Marquette Trustee 288659 Insurance false Mr Tim M Bergstrom Marquette Trustee 167049 Automotive Purchases false Mr Patrick S Lawton Marquette Trustee 120595 Investment Fees false Part IV Line 1b Executive Vice President - Chief Legal Officer, Chief Compliance Officer and Secretary Northwestern Mutual Part IV Line 2b President and Chief Executive Officer Bergstrom Automotive Part IV Line 3b Managing Director of Fixed Income Capital Markets Robert W Baird Co Part IV Line 1 - 3 All transactions with related parties are at arms length and in the normal course of university business. X 310 43622838 See Part II X Auction 365 29937 Value of Donated Property X Equipment 7 44829 Value of Donated Property X Other 7 19582 Value of Donated Property 2 false true false Part I Line 9 The average of the high and low trading price for the security is calculated as of the day of donation. This average is multiplied by the number of shares received, yielding the value of the gift. Form 990, Part III, Line 1 Marquette University is a Catholic, Jesuit university dedicated to serving God by serving our students and contributing to the advancement of knowledge. Our mission, therefore, is the search for truth, the discovery and sharing of knowledge, the fostering of personal and professional excellence, the promotion of a life of faith, and the development of leadership expressed in service to others. All this we pursue for the greater glory of God and the common benefit of the human community. Form 990, Part III, Line 1 Excellence Our students, whether traditional or non-traditional, undergraduate, graduate or professional, come to Marquette University to share our commitment to the pursuit of excellence in all things as a lifelong endeavor. They come to join a community whose members, faculty, staff, students, trustees, alumni and friends alike, believe that education must encompass the whole person spiritual and moral as well as intellectual, the heart as well as the mind. And they come seeking the educational, professional and cultural advantages of a university located in the heart of the city. We, in turn, take seriously our responsibility to foster and support excellence in teaching and research, to keep a Marquette education accessible to a diverse population of students, and to offer personal attention and care to each member of the Marquette community. Form 990, Part III, Line 1 As a Catholic university, we are committed to the unfettered pursuit of truth under the mutually illuminating powers of human intelligence and Christian faith. Our Catholic identity is expressed in our choices of curricula, our sponsorship of programs and activities devoted to the cultivation of our religious character, our ecumenical outlook, and our support of Catholic beliefs and values. Precisely because Catholicism at its best seeks to be inclusive, we are open to all who share our mission and seek the truth about God and the world, and we are firmly committed to academic freedom as the necessary precondition for that search. We welcome and benefit enormously from the diversity of seekers within our ranks, even as we freely choose and celebrate our own Catholic identity. Form 990, Part III, Line 1 Leadership As a Jesuit university Marquette embodies the intellectual and religious traditions of the Society of Jesus. Through an academically rigorous, values-centered curriculum, our students receive a firm grounding in the liberal arts, preparation for work in a world of increasing complexity and diversity, and formationfor life as ethical and informed leaders in their religious, cultural, professional and civic communities. They work with and learn from faculty who are true teacher-scholars, whose research not only advances the sum of human knowledge, but also informs their teaching, and whose commitment to students is fundamental to their intellectual and professional lives. Form 990, Part III, Line 1 Service Through both our academic and co-curricular programs, Marquette strives to develop men and women who will dedicate their lives to the service of others, actively entering into the struggle for a more just society. We expect all members of the Marquette community, whatever their faith traditions, to give concrete expression to their beliefs by giving of themselves in service to those in need. Form 990, Part III, Line 1 Marquette University Guiding Values In accordance with the Catholic, Jesuit mission and vision of Marquette University, we hold that all people and things are created to praise, reverence and serve God in our community and throughout the world, and thus every aspect of the universitys lifeblood and work holds this principle and foundation as its beginning and end. Therefore, we will enact the following values and behaviors in our lives and our work to serve the greater glory of God. Form 990, Part III, Line 1 Pledge personal and holistic development of students as your primary institutional vocation Pursue academic excellence and educate students who are men and women for and with others throughout the world Embody a spirit of interdisciplinary curiosity, research, innovation, entrepreneurship and application to change and improve ourselves, our community and our world Nurture an inclusive, diverse community that fosters new opportunities, partnerships, collaboration and vigorous yet respectful debate Live as servant leaders with a commitment to the Jesuit tradition and Catholic social teaching for all people, beliefs and faith traditions Create bold, ambitious plans enacted with agility, authentic accountability and a commitment to the greater good. Form 990, Part III, Line 4d Program Service Expenses 99,965,983, Grants and Allocations 0, Revenues 104,294,000 Auxiliary Enterprises Expenses 45,587,983, Grants and Allocations 0, Revenue 51,844,000 Research-Expenses 48,794,000, Grants and Allocations 0, Revenue 52,450,000 Public Service 5,314,000, Grants and Allocations 0, Revenue 0. Form 990, Part IV, Section A, Line 2 Some trustees serve on the same boards for other non-profit entities. Form 990, Part IV, Section B, Line 11b The governance, compensation, related parties and bond sections of the Form 990 were reviewed by the Finance and Risk committee in February 2023. The completed Form 990 was reviewed by the corporate officers in May 2023. Complete copies of the Form 990 were then provided to the Board of Trustees in May 2023. The Finance and Risk committee reviewed the completed Form 990 at the May 2023 meeting. The chair of that committee presented the form to the Full Board of Trustees at the May 2023 meeting. Form 990, Part IV, Section B, Line 12c Trustees and employees are required annually to disclose possible material interests and affiliations. Form 990, Part IV, Section B, Line 15a, 15b The Executive committee of the Board of Trustees utilizes the following in determining officer and key employee salary increases input from an independent compensation consultant, information reported on Form 990s from comparable universities, employment contracts, performance evaluations and higher education compensation surveys. Form 990, Part IV, Section C, Line 19 Governing documents, conflict of interest policy and financial statements are available upon request. Form 990, Part VII, Section A, Line 2 The university annually pays Jesuit Community at Marquette University, Inc. amounts based on their ongoing relationship, including the service of Jesuits as faculty and staff. Form 990, Part XI, Line 9 Other changes in net assets consists of adjustments to allowance for uncollectible pledges, severances and other changes.