2023-04-24T13:05:00-05:00 2022-06-30 390859910 BAKER TILLY US LLP 225 S 6TH ST 2300 MINNEAPOLIS MN 55402 990 2021-07-01 951641455 MOUNT SAINT MARY'S UNIVERSITY MOUN 3109544000 12001 CHALON RD LOS ANGELES CA 90049 DEBRA MARTIN VP ADMINISTRATION & FINANCE 3109544000 2023-04-15 1 DEBRA MARTIN XXX-XX-XXXX KAREN A GRIES P00078514 6128764500 2023-04-20 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z ANN MCELANEY-JOHNSON 12001 CHALON RD LOS ANGELES CA 90049 143405528 0 0928 X WWW.MSMU.EDU X 1925 CA MOUNT SAINT MARY'S UNIVERSITY, IS A CALIFORNIA NONPROFIT PUBLIC BENEFITS CORPORATION FOUNDED BY THE SISTERS OF ST. JOSEPH OF CARONDELET (PROVINCIALATE), A RELIGIOUS COMMUNITY OF THE ROMAN CATHOLIC CHURCH. THE UNIVERSITY WAS FOUNDED IN 1925 BY SISTERS OF ST. JOSEPH AND HAS OPERATED CONTINUOUSLY SINCE THAT DATE. THE OBJECTIVE OF MOUNT SAINT MARY'S UNIVERSITY AS A NONPROFIT EDUCATIONAL INSTITUTION IS SERVICE. THE UNIVERSITY HAS DEVOTED ITSELF TO EXCELLENCE IN LIBERAL ARTS AND SCIENCES AND GRANTS DEGREES IN ASSOCIATE, BACCALAUREATE, MASTERS AND DOCTOR PROGRAMS, WITH A SPECIAL FOCUS ON THE EDUCATION OF WOMEN FOR LEADERSHIP POSITIONS IN OUR SOCIETY. 24 23 1576 196 -15805 0 31930798 21220770 93885096 98688536 13177976 9483411 771210 675107 139765080 130067824 35903167 40457824 0 0 51062412 52654660 88661 94425 2173466 32294728 36303351 119348968 129510260 20416112 557564 390130378 362396132 74399755 68798892 315730623 293597240 X MOUNT SAINT MARY'S UNIVERSITY OFFERS A DYNAMIC LEARNING EXPERIENCE IN THE LIBERAL ARTS AND SCIENCES TO A DIVERSE STUDENT BODY. AS A CATHOLIC UNIVERSITY PRIMARILY FOR WOMEN, WE ARE DEDICATED TO PROVIDING A SUPERIOR EDUCATION ENHANCED BY AN EMPHASIS ON BUILDING LEADERSHIP SKILLS AND FOSTERING A SPIRIT TO SERVE OTHERS. OUR MEASURE OF SUCCESS IS GRADUATES WHO ARE COMMITTED TO USING THEIR KNOWLEDGE AND SKILLS TO BETTER THEMSELVES, THEIR ENVIRONMENTS, AND THE WORLD. 0 1 96079211 40457824 92273279 INSTRUCTION: MOUNT SAINT MARY'S UNIVERSITY PROVIDES VALUES BASED TRADITIONAL UNDERGRADUATE EDUCATION FOR WOMEN, AS WELL AS, INNOVATIVE NON-TRADITIONAL UNDERGRADUATE AND GRADUATE EDUCATIONAL PROGRAMS FOR WOMEN AND MEN. THE UNIVERSITY'S ACADEMIC PROGRAMS PLACE A STRONG EMPHASIS ON SOCIAL AND ETHICAL VALUES CONSISTENT WITH A VIEW OF COMPASSIONATE COMMUNITY INVOLVEMENT. SINCE ITS INCEPTION, THE UNIVERSITY HAS GRANTED MORE THAN 28,600 DEGREES. DURING THE FISCAL YEAR ENDED JUNE 30, 2022, THE UNIVERSITY ENROLLED APPROXIMATELY 1,410 FULL-TIME EQUIVALENTS (FTE) TRADITIONAL UNDERGRADUATE STUDENTS; 353 FTE NON-TRADITIONAL UNDERGRADUATE STUDENTS; AND 846 FTE GRADUATE STUDENTS. 12698911 5759724 AUXILIARY ENTERPRISES: MOUNT SAINT MARY'S UNIVERSITY AUXILIARY ENTERPRISES ARE COMPRISED OF RESIDENCE AND DINING HALLS, AND PARKING FACILITIES. DURING THE FISCAL YEAR ENDED JUNE 30, 2022, RESIDENCE HALL OCCUPANCY CONTINUALLY TO BE REDUCED DUE TO LOS ANGELES COUNTY MANDATE OF STUDENT CLOSURE DUE TO COVID-19 VIRUS. THE OCCUPANCY WAS REDUCED TO APPROXIMATELY 388 STUDENTS. 734228 655533 MOUNT SAINT MARY'S UNIVERSITY AND THE GEENA DAVIS INSTITUTE ON GENDER IN MEDIA (INSTITUTE) HAVE ESTABLISHED A LONG-TERM STRATEGIC ALLIANCE THAT CREATES NEW RESEARCH, EDUCATION AND ADVOCACY PROGRAMS UNDER MOUNT SAINT MARY'S UNIVERSITY. FOUNDED IN 2004 BY ACADEMY AWARD WINNING ACTOR AND ADVOCATE GEENA DAVIS, THE INSTITUTE AND ITS PROGRAMMING ARM, SEE JANE, IS THE ONLY RESEARCH-BASED ORGANIZATION WORKING WITHIN THE MEDIA AND ENTERTAINMENT INDUSTRY TO ENGAGE, EDUCATE, AND INFLUENCE THE NEED FOR GENDER BALANCE, REDUCING STEREOTYPING AND CREATING A WIDE VARIETY OF FEMALE CHARACTERS FOR ENTERTAINMENT TARGETING 11 YEARS OLD AND UNDER. THE INSTITUTE HAS AMASSED THE LARGEST BODY OF RESEARCH ON GENDER PREVALENCE IN ENTERTAINMENT SPANNING 20 YEARS. 109512350 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 1 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 X 285 0 1576 1 1 1 1 CJ CA HK VQ FR 0 0 0 0 0 0 0 0 0 0 X 24 23 1 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 CA X ANDREW LOCCISANO 3109544000 12001 CHALON ROAD LOS ANGELES CA 90049 ANN MCELANEY-JOHNSON PRESIDENT 40.00 0.00 X X 406250 0 152817 DEBORAH E REED BOARD CHAIR 8.00 0.00 X X 0 0 0 SISTER SANDRA WILLIAMSCSJ BOARD VICE CHAIR 1.00 39.00 X X 0 0 0 SISTER BARBARA ANNE STOWASSER CSJ BOARD SECRETARY/TREASURER 1.00 39.00 X X 0 0 0 THOMAS J BLUMENTHAL TRUSTEE 1.00 0.00 X 0 0 0 JOSEPH BURSCHINGER TRUSTEE 1.00 0.00 X 0 0 0 ELIZABETH CASEY TRUSTEE 1.00 0.00 X 0 0 0 ALEJANDRA CEJA TRUSTEE 1.00 0.00 X 0 0 0 MONSIGNOR CLEMENT J CONNOLLY TRUSTEE 1.00 0.00 X 0 0 0 KATHLEEN M DUNCAN TRUSTEE 1.00 0.00 X 0 0 0 JANET FEELEY TRUSTEE 1.00 0.00 X 0 0 0 ZULEMA GARCIA TRUSTEE 1.00 0.00 X 0 0 0 NZINGA GRAHAM TRUSTEE 1.00 0.00 X 0 0 0 ILEANA HERNANDEZ TRUSTEE 1.00 0.00 X 0 0 0 JEFFREY KEARNS TRUSTEE 1.00 0.00 X 0 0 0 VA LECIA ADAMS KELLUM TRUSTEE 1.00 0.00 X 0 0 0 SISTER JOAN LESCINKSI CSJ TRUSTEE 1.00 39.00 X 0 0 0 SISTER MAUREEN O'CONNOR CSJ TRUSTEE 1.00 39.00 X 0 0 0 JOAN OTOMO-CORGEL TRUSTEE 1.00 0.00 X 0 0 0 MARIA GUTIERREZ OTT TRUSTEE 1.00 0.00 X 0 0 0 JAMES P SARNI TRUSTEE 1.00 0.00 X 0 0 0 LINDA J SAX TRUSTEE 1.00 0.00 X 0 0 0 ALISON D SOWDEN TRUSTEE 1.00 0.00 X 0 0 0 BARBARA ANN USHER TRUSTEE 1.00 0.00 X 0 0 0 DEBRA MARTIN CORP TREASURER/VP ADMIN & FIN 40.00 0.00 X 285358 0 29578 ROBERT PERRINS VICE PRESIDENT OF CORP & PROVOST 40.00 0.00 X 237752 0 56170 LUCILLE VILLEGAS SECRETARY OF THE CORPORATION 40.00 0.00 X 130591 0 27699 STEPHANIE CUBBA VP INSTITUTIONAL ADVANCEMENT 40.00 0.00 X 254328 0 41799 LINDA MCMURDOCK VP STUDENT AFFAIRS 40.00 0.00 X 211750 0 31027 LEAH FITZGERALD PROFESSOR 40.00 0.00 X 183556 0 25571 SUZANNE WILLIAMS DEAN WEEKEND COLLEGE 40.00 0.00 X 180696 0 39427 ANDREW LOCCISANO AVP FINANCIAL SERVICES 40.00 0.00 X 176322 0 29745 2066603 0 433833 87 0 1 0 ELLUCIAN COMPANY 13377 COLLECTION CENTER DR CHICAGO IL 60693 COMPUTER SUPPORT 1466077 BON APPETIT MANAGEMENT COMPANY PO BOX 50196 LOS ANGELES CA 90074 RESTAURANT MANAGEMENT 1254794 VANCREST CONSTRUCTION CORPORATION 7171 N FIGUEROA STREET LOS ANGELES CA 90042 CONSTRUCTION 1089127 SCELC 617 S OLIVE STREET SUITE 1210 LOS ANGELES CA 90014 SUBSCRIPTION 1072066 MINDPOWER INC 337 GEORGIA AVE SE ATLANTA GA 30312 MARKETING 1037440 25 132661 13200 13173005 7901904 207340 21220770 TUITION AND FEES 611710 92238007 92238007 HOUSING 721310 3123491 3123491 FOOD SERVICE 721310 2619195 2619195 FILM INCOME 611710 563178 563178 GEENA DAVIS PROGRAM 611710 127625 127625 17040 17040 98688536 1453574 -15805 1469379 9075 9075 201577 106634 94943 94943 94943 21144773 13124011 8020762 8020762 8020762 0 132661 107059 -107059 -107059 LATE FEES 611710 297235 297235 MISCELLANEOUS INCOME 611710 202924 202924 ADMIN RECOVERY 611710 187064 187064 687223 130067824 98688536 -15805 10174323 40457824 40457824 1116793 244545 872248 40069340 35201312 3829324 1038704 2894148 2386531 421608 86009 5647049 4636146 843083 167820 2927330 2413893 426442 86995 4553400 2583549 1774954 194897 620104 129 619975 162681 9625 151105 1951 94425 94425 1105374 1105374 1427579 1163663 251819 12097 2456698 2384960 48341 23397 8539773 5913164 2181697 444912 3127048 2454534 666843 5671 1592630 1412125 180505 250580 174893 64826 10861 94661 60569 28365 5727 736101 736101 154387 140621 13766 4867127 4618256 248871 828068 29315 798753 BAD DEBT AND COLLECTION 2385595 2385595 SECURITY 1329220 1262759 66461 BUILDING MAINTENANCE 1087925 1027110 60815 PAYMENT TO GEENA DAVIS 509728 509728 474672 427099 47573 129510260 109512350 17824444 2173466 8312 3029 69797032 55787823 6171060 5704413 2512915 4019879 3500220 2131836 1957825 590530 177498186 76022894 96482622 101475292 33994229 30170522 175618093 162424738 88070 88070 390130378 362396132 8097478 7433463 425873 424512 9404443 5895024 39436476 39193683 5647004 5716882 11388481 10135328 74399755 68798892 X 164474591 152062242 151256032 141534998 315730623 293597240 390130378 362396132 X 557564 -22664979 -25968 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 180781895 936890 -13151449 9686856 1105374 157775106 138585293 3096287 49593006 9469977 1022714 180781895 141808934 1105165 2962157 6609597 681366 138585293 140881454 1613640 6303145 6311777 677528 141808934 134766278 715141 11011325 4947084 664206 140881454 0.37850 0.28130 0.34020 1 0 10256363 10256363 143187264 57582306 85604958 16079061 14414554 1664507 7975498 4026034 3949464 101475292 COMMONFUND PE INVESTMENTS 5845027 F OFFSHORE FUNDS 54213919 F REAL ESTATE INVESTMENT TRUSTS 327462 F ANNUITY CONTRACTS 680468 F MINERAL RIGHTS 659586 C PARTNERSHIP INVESTMENTS 67541417 F DEPOSITS HELD BY BOND TRUSTEE 33156859 C 162424738 ANNUITIES PAYABLE 426911 ASSET RETIREMENT OBLIGATION 320500 CSJ PROVINCIALITE LOAN 6859783 RIGHT OF USE LEASE 2528134 10135328 X 69490494 -22664979 213693 -22451286 91941780 1105374 37020670 38126044 130067824 91623877 213693 213693 91410184 1105374 36994702 38100076 129510260 PART III, LINE 4: THE JOSE DRUDIS-BIADA'S ARTWORK IS LOCATED AT VARIOUS LOCATIONS THROUGHOUT THE UNIVERSITY FOR PUBLIC DISPLAY. PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 44 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE GOVERNING BOARD TO FUNCTION AS ENDOWMENTS. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT IS ALSO EXEMPT FROM STATE INCOME TAX. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. THE UNIVERSITY FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE UNIVERSITY FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2022 AND 2021. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED DIRECTLY AGAINST REVENUE 107,059. RENTAL EXPENSES 106,634. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 35,733,019. FILM COMMISSION 140,797. CEFA INTEREST INCOME NETTED DIRECTLY AGAINST EXPENSE 10,109. ACTUARIAL ADJUSTMENT 25,968. BAD DEBTS NETTED WITH REVENUES 1,110,777. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED DIRECTLY AGAINST REVENUE 107,059. RENTAL EXPENSES 106,634. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 35,733,019. FILM COMMISSION 140,797. CEFA INTEREST INCOME NETTED DIRECTLY AGAINST EXPENSE 10,109. BAD DEBTS NETTED WITH REVENUES 1,110,777. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY'S NONDISCRIMINATION POLICY IS CLEARLY STATED IN THE UNIVERSITY'S CATALOG AND ADMISSION BROCHURES, AS WELL AS THE WEBSITE AND PRINTED MEDIA PROVIDED TO DONORS. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES SUPPORT FROM THE US GOVERNMENT IN CONNECTION WITH THE FEDERAL WORK-STUDY PROGRAM, PELL GRANT, AND THE FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 38952797 NORTH AMERICA 0 0 INVESTMENTS 358002 EAST ASIA AND THE PACIFIC 0 0 INVESTMENTS 4267530 EUROPE (INCLUDING ICELAND & GREENLAND) 1 1 PROGRAM ACTIVITIES SUPPLIES/UTILITIES, BLDG IMPROVEMENTS OF MOTHER ST. JOHN FONTBONNE'S CHILDHOOD HOME. 12778 1 1 0 0 1 1 43591107 0 43591107 1 0 0 1 1 0 PART I, LINE 3: THE UNIVERSITY USED THE ACCRUAL METHOD TO REPORT INVESTMENTS IN SCHEDULE F, PART I. PART III ACCOUNTING METHOD: SCHEDULE F, PART IV, LINE 1: THE UNIVERSITY HAS DIRECTLY INVESTED IN FOREIGN CORPORATIONS AND FILED THE REQUIRED FORMS 926 FOR THE TAX YEAR. SCHEDULE F, PART IV, LINE 4: THE UNIVERSITY INVESTS IN PARTNERSHIPS THAT HOLD DIRECT OR INDIRECT INTERESTS IN PASSIVE FOREIGN INVESTMENT COMPANIES. THE INVESTMENT PARTNERSHIPS HAVE PROPERLY FILED FORM 8621, OR THE UNDERLYING INVESTMENTS DID NOT GENERATE ANY UNRELATED BUSINESS INCOME. UNDER THESE FACTS, IT IS NOT NECESSARY FOR THE UNIVERSITY TO FILE AN ADDITIONAL 8621. SCHEDULE F, PART IV, LINE 5: THE UNIVERSITY HAS DIRECTLY INVESTED IN FOREIGN PARTNERSHIPS. FORMS 8865 WERE NOT REQUIRED TO BE PREPARED FOR THE CURRENT TAX YEAR. X X X X X X X 1 LEAD 635 CASTEL RIDGE DRIVE WENTZVILLE MO 63385 ANNUAL GIVING CAMPAIGN FUNDRAISING 0 245269 94425 150844 245269 94425 150844 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NM NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY RSWG EVENT 59705 59705 36014 CAW EVENT 70016 70016 46195 1 2940 2940 24850 132661 132661 107059 107059 -107059 1 UNIVERSITY FUNDED GRANTS/AWARDS FOR STUDENTS 2052 28729404 UNIVERSITY FUNDED WAIVERS/DISCOUNT FOR STUDENTS 218 1741525 PRIVATE DONATIONS - EXPENDABLE FOR STUDENTS 282 1781913 PRIVATE DONATIONS - ENDOWED FOR STUDENTS 341 3056600 FEDERAL FUNDED GRANTS/FINANCIAL AID FOR STUDENTS 177 423577 EMERGENCY GRANTS TO STUDENTS 1373 4724805 PART I, LINE 2: THE OFFICE OF STUDENT FINANCING IS RESPONSIBLE FOR THE MONITORING OF ALL STUDENT AID. ALL GRANT AID IS APPLIED DIRECTLY TO THE STUDENT ACCOUNT. PART III, EMERGENCY GRANTS TO STUDENTS: EMERGENCY GRANTS TO STUDENTS REPRESENTS THE HIGHER EDUCATION RELIEF FUNDING PROVIDED BY THE CARES ACT FOR DIRECT DISTRIBUTION TO STUDENTS. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 ANN MCELANEY-JOHNSON PRESIDENT 378634 0 0 0 27616 0 29000 0 123817 0 559067 0 0 0 DEBRA MARTIN CORP TREASURER/VP ADMIN & FIN 278009 0 0 0 7349 0 28536 0 1042 0 314936 0 0 0 STEPHANIE CUBBA VP INSTITUTIONAL ADVANCEMENT 250384 0 0 0 3944 0 25433 0 16366 0 296127 0 0 0 ROBERT PERRINS VICE PRESIDENT OF CORP & PROVOST 226401 0 0 0 11351 0 23775 0 32395 0 293922 0 0 0 LINDA MCMURDOCK VP STUDENT AFFAIRS 207313 0 0 0 4437 0 21175 0 9852 0 242777 0 0 0 SUZANNE WILLIAMS DEAN WEEKEND COLLEGE 171166 0 0 0 9530 0 18070 0 21357 0 220123 0 0 0 LEAH FITZGERALD PROFESSOR 180619 0 0 0 2937 0 18356 0 7215 0 209127 0 0 0 ANDREW LOCCISANO AVP FINANCIAL SERVICES 152838 0 0 0 23484 0 17632 0 12113 0 206067 0 0 0 LUCILLE VILLEGAS SECRETARY OF THE CORPORATION 128573 0 0 0 2018 0 13059 0 14640 0 158290 0 0 0 PART I, LINE 1A INCLUDED IN NON-TAXABLE BENEFITS IS AN AMOUNT FOR THE PRESIDENT'S USE OF A UNIVERSITY OWNED PRESIDENT'S RESIDENCE. IT IS NOT INCLUDED IN TAXABLE INCOME AS THE PRESIDENT'S CONTRACT REQUIRES HER TO RESIDE IN THE HOME AND IT IS ALSO USED FOR STUDENT, FACULTY, STAFF, TRUSTEE, AND DONOR RELATED EVENTS. A CALIFORNIA EDUCATIONAL FACILITES AUTHORITY 521705592 130179QG2 2018-09-06 40386211 CONSTRUCTION 0 0 0 A 41668544 2685339 444390 8717380 3180114 29771050 0 0 0 1 A 0 0 0 0 0.00700 0.00700 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CALIFORNIA EDUCATIONAL FACILITES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 10/02/2020 SCHEDULE K, PART II, LINE 3: TOTAL PROCEEDS OF THE ISSUE EXCEEDED THE ISSUE PRICE DUE TO INVESTMENT EARNINGS ON THE PROCEEDS. X 10 207340 MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE AMOUNT IN PART I, COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART III, LINE 3 DURING JANUARY 2022, THE GEENA DAVIS INSTITUTE ON GENDER IN MEDIA ("GDI") WAS NOTIFIED BY THE INTERNAL REVENUE SERVICE THAT THEY HAD RECEIVED THEIR OWN 501(C)(3) STATUS (EIN: 86-1943473). PRIOR TO THIS, THE UNIVERSITY SERVED AS THE GDI'S FISCAL SPONSOR. FOLLOWING GDI'S STATUS CHANGE, THE UNIVERSITY TRANSFERRED ALL UNEXPENDED PROCEEDS TO GDI BY JUNE 20, 2022. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS COMPOSED OF MEMBERS THAT MAY INCLUDE NON-TRUSTEE MEMBERS. HOWEVER, THE BOARD MAY NOT DELEGATE ANY OF THE AUTHORITY OF THE BOARD TO NON-TRUSTEE MEMBERS. THE EXECUTIVE COMMITTEE HAS ALL THE AUTHORITY OF THE BOARD WITH RESPECT TO THE OPERATIONS AND AFFAIRS OF THE CORPORATION EXCEPT AS LIMITED BY LAW OR BY THE UNIVERSITY'S BYLAWS. FORM 990, PART VI, SECTION A, LINE 2 THE UNIVERSITY HAS BUSINESS RELATIONSHIPS WITH THE SISTERS OF ST. JOSEPH OF CARONDELET. FOUR OF THE UNIVERSITY BOARD MEMBERS ARE AFFILIATED WITH THIS ORGANIZATION: SISTER JOAN LESCINKSI, SISTER MAUREEN O'CONNOR, SISTER BARBARA ANNE STOWASSER AND SISTER SANDRA WILLIAMS ARE ON THE BOARD OF TRUSTEES AND BELONG TO THE SAME ORDER (SISTERS OF ST. JOSEPH OF CARONDELET). FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERSHIP OF THE CORPORATION SHALL CONSIST OF THE PROVINCIAL SUPERIOR OF THE LOS ANGELES PROVINCE OF THE ROMAN CATHOLIC RELIGIOUS CONGREGATION KNOWN AS "SISTERS OF ST. JOSEPH OF CARONDELET AND FOUR OR MORE ADDITIONAL MEMBERS OF THE PROVINCIAL COUNCIL OF THE LOS ANGELES PROVINCE OF THE CONGREGATION AS ARE APPOINTED ANNUALLY BY THE PROVINCIAL COUNCIL. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS HAVE THE RIGHT TO APPOINT THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS HAVE THE RIGHT TO APPROVE THE SIGNIFICANT DECISIONS MADE BY THE BOARD OF TRUSTEES AT THE ANNUAL MEETING OR SPECIAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE CHAIR OF THE AUDIT COMMITTEE REVIEWS THE DRAFT OF THE RETURN. AFTER THE REVIEW, THE DRAFT IS SUBMITTED TO THE FULL AUDIT COMMITTEE FOR REVIEW AND RECOMMENDATION. ONCE APPROVED, THE APPROVED DRAFT IS SUBMITTED TO THE BOARD FOR FINAL APPROVAL BEFORE FILING THE RETURN WITH THE IRS BEFORE THE DEADLINE. THE BOARD RECEIVED A COPY OF 2021 FORM 990 WITH THE NAMES AND ADDRESSES OF DONORS OMITTED FROM SCHEDULE B. FORM 990, PART VI, SECTION B, LINE 12C EACH WRITTEN CONFLICT OF INTEREST STATEMENT IS REVIEWED EVERY YEAR AT THE ANNUAL MAY BOARD MEETING BY THE CHAIR OF THE BOARD IN CONJUNCTION WITH THE PRESIDENT. ANY DUALITY OF INTEREST OR POSSIBLE CONFLICT OF INTEREST ON THE PART OF ANY DIRECTOR SHOULD BE FULLY DISCLOSED TO THE OTHER MEMBERS OF THE BOARD AT ANY TIME A CONTRACT OR OTHER TRANSACTION IS CONSIDERED BETWEEN THIS UNIVERSITY AND ONE OR MORE OF ITS GOVERNING BOARD MEMBERS OR BETWEEN THIS UNIVERSITY AND ANY CORPORATION, FIRM, OR ASSOCIATION IN WHICH ONE OR MORE OF THE MEMBERS OF THE GOVERNING BOARD TO THIS UNIVERSITY ARE FINANCIALLY INTERESTED. THE FACT OF COMMON DIRECTORSHIP OR FINANCIAL INTEREST SHOULD BE NOTED IN THE MINUTES AND THE BOARD SHOULD APPROVE THE CONTRACT OR TRANSACTION IN GOOD FAITH BY A VOTE SUFFICIENT FOR THE PURPOSE WITHOUT COUNTING THE VOTE OR VOTES OF SUCH MEMBERS OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD CHAIR REVIEWS PUBLISHED DATA OF SIMILAR INSTITUTIONS IN TERMS OF BUDGET, ENDOWMENT, LOCATION, AND COMPLEXITY OF OPERATIONS FROM THE ASSOCIATION OF INDEPENDENT CALIFORNIA COLLEGES AND UNIVERSITIES (AICCU) ADMINISTRATIVE COMPENSATION REPORT. THE BOARD CHAIR GIVES HIS RECOMMENDATION TO THE COMPENSATION COMMITTEE, A SUBCOMMITTEE OF THE EXECUTIVE COMMITTEE, WHO DETERMINES COMPENSATION. COMPENSATION IS DOCUMENTED THROUGH FORMAL OFFER LETTERS, EMPLOYEE STATUS FORMS AND DATA MAINTAINED IN THE UNIVERSITY DATABASE. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN IN 2021. COMPENSATION FOR THE VICE PRESIDENTS IS REVIEWED AND APPROVED BY THE PRESIDENT. THE PRESIDENT AND THE HUMAN RESOURCES DEPARTMENT USED COMPARABILITY DATA FROM THE AICCU ADMINISTRATIVE COMPENSATION REPORT, YAFFE & COMPANY EXECUTIVE COMPENSATION SURVEY DATA FOR INDEPENDENT COLLEGES AND UNIVERSITIES, AND THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION HIGHER EDUCATION SURVEY DATA. COMPENSATION IS DOCUMENTED THROUGH FORMAL OFFER LETTERS, EMPLOYEE STATUS FORMS AND DATA MAINTAINED IN THE UNIVERSITY DATABASE. THE PROCESS WAS MOST RECENTLY UNDERTAKEN IN FALL, 2021 FOR THE VICE PRESIDENT OF DIVERSITY, EQUITY AND JUSTICE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO APPROPRIATE PARTIES UPON REQUEST THROUGH REPORTS OR RESPONSES TO QUESTIONNAIRES. FORM 990, PART XI, LINE 9: CHANGES IN ANNUITY PAYABLE -25,968. SISTERS OF ST JOSEPH OF CARONDELET 11999 CHALON ROAD LOS ANGELES CA 90049 RELIGIOUS CA 501(C)(3) LINE 1 N/A 0 CHARITABLE REMAINDER UNITRUST (1) CHARITABLE TRUST CA N/A T 1 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 SISTERS OF ST JOSEPH OF CARONDELET M 154387 CONTRACT SISTERS OF ST JOSEPH OF CARONDELET E 6859783 BOOK BALANCE OUTSTANDING BALANCE SISTERS OF ST JOSEPH OF CARONDELET E 584122 PRINCIPAL & INTEREST PAYMENT