2023-05-15T13:07:55-05:00 2022-06-30 381357951 PLANTE & MORAN PLLC 750 TRADE CENTRE WAY STE 300 PORTAGE MI 49002 990 2021-07-01 383071514 CALVIN UNIVERSITY CALV 6165266000 3201 BURTON STREET SE GRAND RAPIDS MI 49546 DIRK PRUIS CHIEF FINANCIAL OFFICER 6165266000 2023-05-12 1 DIRK PRUIS 999009999 DORI J EGGETT P00645252 2695674500 2023-05-12 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z WIEBE BOER 3201 BURTON STREET SE GRAND RAPIS MI 49546 251824206 0 X WWW.CALVIN.EDU X 1991 MI TO EQUIP STUDENTS TO THINK DEEPLY, TO ACT JUSTLY, AND TO LIVE WHOLEHEARTEDLY AS CHRIST'S AGENTS OF RENEWAL IN THE WORLD. CALVIN UNIVERSITY IS A CHRISTIAN ACADEMIC COMMUNITY DEDICATED TO RIGOROUS INTELLECTUAL INQUIRY. STUDENTS STUDY THE LIBERAL ARTS AND A BROAD RANGE OF MAJORS. A CALVIN EDUCATION PREPARES STUDENTS TO ANSWER GOD'S CALL TO LIVE AND SERVE IN GOD'S WORLD AS AGENTS OF RENEWAL. 31 31 2605 42 505774 195004 29882207 47384797 132534041 134728227 4580138 8278492 -7546 -22251 166988840 190369265 58019075 61916690 0 0 58081237 58878225 163683 414 2605224 36998578 48091007 153262573 168886336 13726267 21482929 586373912 582902399 135337030 131511629 451036882 451390770 X THE MISSION OF CALVIN UNIVERSITY IS TO EQUIP STUDENTS TO THINK DEEPLY, TO ACT JUSTLY, AND TO LIVE WHOLEHEARTEDLY AS CHRIST'S AGENTS OF RENEWAL IN THE WORLD. 0 0 134493168 60998896 115297409 CALVIN UNIVERSITY IS A COMPREHENSIVE LIBERAL ARTS UNIVERSITY IN THE REFORMED TRADITION OF HISTORIC CHRISTIANITY SEEKING TO BE AGENTS OF RENEWAL IN THE ACADEMY, CHURCH, AND SOCIETY. THE UNIVERSITY OFFERS 81 BACCALAUREATE AND EIGHT MASTER'S DEGREE PROGRAMS. IT MAINTAINS A CORE CURRICULUM INCLUDING REQUIRED COURSES IN MATHEMATICS, BIBLICAL OR THEOLOGICAL FOUNDATIONS, THE ARTS AND SCIENCES, LITERATURE, AND MORE. STUDENTS PARTICIPATE IN OFF-CAMPUS PROGRAMS AROUND THE WORLD DURING SUMMER AND SEMESTER PROGRAMS. THE UNIVERSITY ALSO PROVIDES A CHRISTIAN LIBERAL ARTS EDUCATION TO INMATES AT THE RICHARD A. HANDLON CORRECTIONAL FACILITY IN IONIA, MI. THIS FIVE-YEAR PROGRAM RESULTS IN A BACHELOR OF ARTS DEGREE IN FAITH AND COMMUNITY LEADERSHIP. THE CURRENT STUDENT TO FACULTY RATIO IS 13:1. 99.3% OF THE 2020 CALVIN UNIVERSITY GRADUATES ARE EITHER EMPLOYED OR IN GRADUATE SCHOOL. 16256493 0 18297315 CALVIN UNIVERSITY'S STUDENT SERVICES AND ACTIVITIES ARE INTENDED TO ENHANCE STUDENTS' SPIRITUAL, SOCIAL, EMOTIONAL, AND PHYSICAL WELL-BEING. THE UNIVERSITY'S STUDENT SERVICES AND ACTIVITIES INCLUDE AREAS SUCH AS REGULAR WORSHIP AND BIBLICAL LEARNING OPPORTUNITIES, A HEALTH SERVICES CLINIC, EMOTIONAL WELLNESS SUPPORT, STUDENT ORGANIZATIONS, CAMPUS TRADITIONS, SPORTS AND RECREATION, DIVERSITY AND INCLUSION INITIATIVES, SERVICE-LEARNING, DEDICATED CAMPUS SAFETY DEPARTMENT, SUSTAINABILITY EFFORTS, NUMEROUS SCHOLARSHIP OPPORTUNITIES, AND OTHER FINANCIAL AID. 2341259 0 421405 CALVIN UNIVERSITY PROVIDES ACADEMIC SUPPORT SERVICES FOR THE PRIMARY MISSIONS OF INSTRUCTION, RESEARCH, AND PUBLIC SERVICE. ACADEMIC SUPPORT SERVICES INCLUDE AREAS SUCH AS LIBRARIES, TECHNOLOGY SUPPORT, ACADEMIC TUTORING AND COACHING, WRITING ASSISTANCE, ON-CAMPUS MUSEUMS/GALLERIES, AND OTHER SERVICES THAT DIRECTLY ASSIST INSTRUCTIONAL ACTIVITIES. 8087597 917794 712098 OTHER UNIVERSITY EXPENSES INCLUDE, BUT ARE NOT LIMITED TO AUXILIARY SERVICES, RESEARCH, MAINTENANCE OF GROUNDS AND BUILDINGS, AND PUBLIC SERVICES. 8087597 917794 712098 161178517 1 1 0 0 0 0 1 1 0 1 1 1 0 0 1 0 1 1 1 1 1 1 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 374 0 1 2605 1 1 1 1 GH 0 0 0 1 1 0 0 0 0 0 0 0 X 31 31 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 X X RUTH WITTE 6165266130 3201 BURTON STREET SE GRAND RAPIDS MI 49546 MARY TUUK KURAS VICE CHAIR 4.00 0.00 X X 0 0 0 BRUCE LOS CHAIR 4.00 0.00 X X 0 0 0 RHONDA ROORDA SECRETARY 4.00 0.00 X X 0 0 0 JANICE BUIKEMA SECRETARY - PART YEAR 4.00 0.00 X X 0 0 0 KEVIN ADAMS BOARD MEMBER 1.00 0.00 X 0 0 0 WILLIAM BOER BOARD MEMBER 1.00 0.00 X 0 0 0 NIALA BOODHOO BOARD MEMBER 1.00 0.00 X 0 0 0 GARY BOS BOARD MEMBER 1.00 0.00 X 0 0 0 EDWARD COLEMAN BOARD MEMBER 1.00 0.00 X 0 0 0 NATHAN DEJONG MCCARRON BOARD MEMBER 1.00 0.00 X 0 0 0 MICHAEL DENBLEYKER BOARD MEMBER 1.00 0.00 X 0 0 0 JEFFREY DENOOYER BOARD MEMBER 1.00 0.00 X 0 0 0 JONATHAN EIGEGE BOARD MEMBER 1.00 0.00 X 0 0 0 ANDREW ELLIOT BOARD MEMBER 1.00 0.00 X 0 0 0 TIMOTHY GOUDZWAARD BOARD MEMBER 1.00 0.00 X 0 0 0 CHRISTOPHER GRIER BOARD MEMBER 1.00 0.00 X 0 0 0 BENJAMIN IPEMA BOARD MEMBER 1.00 0.00 X 0 0 0 LAMBERT KAMP BOARD MEMBER 1.00 0.00 X 0 0 0 ANDREA KARSTEN BOARD MEMBER 1.00 0.00 X 0 0 0 ALICE KLAMER BOARD MEMBER 1.00 0.00 X 0 0 0 JONATHAN KUYERS BOARD MEMBER 1.00 0.00 X 0 0 0 ROSANNE LOPERS-SWEETMAN BOARD MEMBER 1.00 0.00 X 0 0 0 RICHARD MAST BOARD MEMBER 1.00 0.00 X 0 0 0 LOIS MILLER BOARD MEMBER 1.00 0.00 X 0 0 0 PERRIN RYNDERS BOARD MEMBER 1.00 0.00 X 0 0 0 SCOTT SPOELHOF BOARD MEMBER 1.00 0.00 X 0 0 0 CARL TRIEMSTRA BOARD MEMBER 1.00 0.00 X 0 0 0 STEVEN TRIEZENBERG BOARD MEMBER 1.00 0.00 X 0 0 0 RAY VANDERKOOI BOARD MEMBER 1.00 0.00 X 0 0 0 RACHEL VANDERVEEN BOARD MEMBER 1.00 0.00 X 0 0 0 HEATHER VANVUGT RAMIREZ BOARD MEMBER 1.00 0.00 X 0 0 0 WILLEMINA ZWART BOARD MEMBER 1.00 0.00 X 0 0 0 FERNANDO DELROSARIO BOARD MEMBER - PART YEAR 1.00 0.00 X 0 0 0 WENDY HOFMAN BOARD MEMBER - PART YEAR 1.00 0.00 X 0 0 0 MARJORIE HOOGEBOOM BOARD MEMBER - PART YEAR 1.00 0.00 X 0 0 0 TIMOTHY HOWERZYL BOARD MEMBER - PART YEAR 1.00 0.00 X 0 0 0 ALICIA SINCLAIR BOARD MEMBER - PART YEAR 1.00 0.00 X 0 0 0 THOMAS WYBENGA BOARD MEMBER - PART YEAR 1.00 0.00 X 0 0 0 DR MICHAEL LEROY PRESIDENT 40.00 0.00 X 351202 0 33339 KENNETH ERFFMEYER VICE PRESIDENT FOR ADVANCEMENT 40.00 0.00 X 127937 0 20269 TIM FENNEMA VICE PRESIDENT OF FINANCE 40.00 0.00 X 55234 0 2792 NOAH TOLY PROVOST 40.00 0.00 X 156418 0 20419 TODD HUBERS VICE PRESIDENT FOR PEOPLE, STRATEGY, AND TECHNOLOG 40.00 0.00 X 159167 0 23619 DR LAURA CHAMPION DIRECTOR OF HEALTH SERVICE 40.00 0.00 X 156934 0 22824 DR SARAH VISSER VICE PRESIDENT FOR STUDENT LIFE 40.00 0.00 X 154422 0 21489 LAUREN JENSEN VICE PRESIDENT FOR ENROLLMENT 40.00 0.00 X 145856 0 28615 KEVIN DEN DULK ASSOCIATE PROVOST 40.00 0.00 X 130559 0 4311 1437729 0 177677 25 0 1 0 GDK CONSTRUCTION CO 12 WEST 8TH STREET SUITE 250 HOLLAND MI 49423 CONSTRUCTION 4683781 NATIONAL MANAGEMENT RESOURCES CORPORATIO PO BOX 1224 LA GRANGE GA 30241 MAINTENANCE 4312653 INCLINE ALCHEMY INC 575 DOUBLE EAGLE SUITE 220 RENO NV 89521 SOFTWARE 1844699 ANDY J EGAN COMPANY INC 2001 WALDORF ST NW GRAND RAPIDS MI 49544 CONSTRUCTION 1292908 WILEY EDU LLC 1415 WEST 22ND ST OAK BROOK IL 60523 MARKETING 641265 36 68000 13934092 33382705 1832291 47384797 TUITION 611310 110610186 110610186 SALES & SRVC AUXILIARY 721000 18297315 18297315 ANCILLARY SERVICES 611710 5820726 5820726 134728227 5471131 505774 4965357 61531347 2674054 58198062 3199978 3333285 -525924 2807361 2807361 34650 68000 56901 -22251 -22251 190369265 134728227 505774 7750467 564074 564074 60080546 60080546 1272070 1272070 2068784 765161 1083411 220212 42749296 40387792 1006683 1354821 1111207 1050695 16628 43884 9988277 9198062 368932 421283 2960661 2696462 133960 130239 360202 360202 135570 135570 414 414 413008 413008 8085551 7497818 559225 28508 581994 565818 3085 13091 7274122 6771226 387898 114998 1811186 1668834 79737 62615 9801886 9745388 39941 16557 2283973 2117468 77205 89300 793051 724707 39849 28495 92135 92135 7023210 7012822 4897 5491 446373 121173 325200 FOOD CONTRACT 5977579 5968723 4030 4826 CONTRACTED GOODS & SRVC 1354840 1343051 11789 BOOKS AND PERIODICALS 1034036 1031280 2756 622291 503212 48589 70490 168886336 161178517 5102595 2605224 10173589 3624363 18764443 12855890 1432158 2893000 1931366 2170384 328595613 124003866 204333785 204591747 238119700 250343279 108399128 103805729 1698981 1090692 1520762 1527315 586373912 582902399 10794411 12485347 13186210 11727204 73421766 73102874 12814824 12814824 25119819 21381380 135337030 131511629 X 177216839 176642350 273820043 274748420 451036882 451390770 586373912 582902399 X 21482929 -22753503 1624462 X X 0 1 X 1 1 1 X 32864285 26062284 58679507 29882207 47384797 194873080 32864285 26062284 58679507 29882207 47384797 194873080 62734309 132138771 3685127 4977788 3890757 4355384 4965357 21874413 306543 247378 227672 136448 281077 1199118 57250 34650 91900 218038511 705625326 0.60600 0.56020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 12.00 0 0 0 1 0 0.00 0 X X X X X INSTRUCTIONAL 0 256965173 20748550 -12493536 3649450 4409200 6800 257154737 206001383 9099396 49034394 3443732 3719668 6600 256965173 181886574 25608656 4709653 3057000 3135200 11300 206001383 165994574 8986000 12736000 2882100 2936900 11000 181886574 151800197 8654880 11281498 2673801 3053100 15100 165994574 0.10540 0.69510 0.19950 1 0 5857110 5857110 246892602 67254840 179637762 75845901 56749026 19096875 204591747 HEDGE FUNDS 20954540 C NON US EQUITY 15263934 C PRIVATE EQUITY 48116465 C US EQUITY 11311786 C OTHER FIXED INCOME 2714004 F SERVICES 5445000 C 103805729 POSTRETIREMENT HEALTH BENEFITS 9952206 TUITION GIFT CERTIFICATES 3889567 ANNUITY AND TRUST OBLIGATIONS 6988377 REFUNDABLE FEDERAL PERKINS LOAN ADVANCES 1254512 UNAMORTIZED DEBT ISSUANCE COSTS -703282 21381380 106463227 -22753503 -61023049 -83776552 190239779 413008 -283522 129486 190369265 107450279 0 107450279 413008 61023049 61436057 168886336 PART II, LINE 9: NOT REPORTED BECAUSE AMOUNT IS IMMATERIAL PART III, LINE 1A: THERE ARE NO FOOTNOTES IN THE AUDITED FINANCIAL STATEMENTS WHICH SPEAK TO UNRECORDED WORKS OF ART, HISTORICAL TREASURES, OR SIMILAR ASSETS PART III, LINE 4: THE COLLECTIONS AT CALVIN COLLEGE ARE MADE AVAILABLE TO STUDENTS, FACULTY, RESEARCHERS, AND THE GENERAL PUBLIC TO SUPPORT INSTRUCTION, RESEARCH, AND PUBLIC SERVICE. THE H. HENRY MEETER CENTER FOR CALVIN STUDIES IS A SPECIAL LIBRARY COLLECTION CONSISTING OF 6,000 SECONDARY SOURCES AND 500 16TH CENTURY EUROPEAN HISTORY AND THEOLOGY. HERITAGE HALL HAS 12,000 FEET OF MANUSCRIPT RECORDS WHICH DOCUMENTS THE HISTORY OF THE DUTCH IN NORTH AMERICA SINCE THE 1840'S. THE CENTER ART GALLERY MAINTAINS A PERMANENT COLLECTION OF NEARLY 18,000 WORKS OF ART THAT DATE FROM THE 1500'S TO THE PRESENT. MOST OF THE EARLY WORKS ARE OF EUROPEAN ORIGIN, WITH SOME NON-WESTERN REPRESENTATION FROM ASIA AND AFRICA, WHILE THE MORE RECENT WORKS ARE PRIMARILY AMERICAN, WITH AN EMPHASIS ON REGIONAL ARTISTS AND COLLEGE ALUMNI, FACULTY, AND STUDENTS. THE DICE MINERAL MUSEUM IS A WORLD CLASS COLLECTION OF RARE MINERALS COLLECTED BY A CALVIN ALUMNUS AND CONTRIBUTED TO CALVIN COLLEGE. AMONG THE 300 PIECES ARE EXAMPLES OF GOLD, FOSSILS, METEORITES, GEMSTONES, AND MINERALS USED IN THE PRODUCTION OF JEWELRY. PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO CARRY OUT THE MISSION OF THE UNIVERSITY. THE MAJORITY OF SPENDABLE FUNDS ARE USED FOR FINANCIAL AID. SIGNIFICANT FUNDS ARE ALSO DEDICATED TO THE INSTRUCTIONAL, RESEARCH, AND PUBLIC SERVICE EFFORTS OF THE UNIVERSITY. TO A LESSER DEGREE, ENDOWMENTS ARE USED TO SUPPORT ACADEMIC SCHOLARSHIP, STUDENT SERVICES, AND THE PHYSICAL PLANT. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -61,023,049. PART XI, LINE 4B - OTHER ADJUSTMENTS: NON-OPERATING INVESTMENT INCOME -21,254,678. NON-OPERATING PRIVATE GIFTS AND GRANTS 21,497,080. GAIN/LOSS ON DISPOSAL -525,924. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 61,023,049. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ADVERTISEMENTS IN LOCAL NEWSPAPERS ANNOUNCING REGISTRATION DATES AND UNIVERSITY PROGRAM OFFERINGS INCLUDE A SUMMARY STATEMENT OF THE NON-DISCRIMINATION POLICY. SCHEDULE E, PART I, LINE 6 CALVIN UNIVERSITY RECEIVES GRANTS AND FINANCIAL AID FROM VARIOUS FEDERAL AND STATE AGENCIES WHICH ARE USED IN THE DEVELOPMENT OF THE UNIVERSITY'S EXEMPT PURPOSE OF PROVIDING QUALITY EDUCATION. TO OFFSET THE FINANCIAL IMPACT TO STUDENTS AND THE LOSSES INCURRED BY THE UNIVERSITY DUE TO THE DISRUPTION CAUSED BY COVID-19, THE UNIVERSITY RECEIVED GRANTS AND OTHER RELIEF PRIMARILY FROM THE FEDERAL GOVERNMENT STIMULUS PACKAGES THAT WERE PASSED. FROM THESE STIMULUS PACKAGES, THE UNIVERSITY WAS ALLOCATED HIGHER EDUCATION EMERGENCY RELIEF FUND (HEERF) GRANTS. DURING THE YEAR ENDED JUNE 30, 2021, THE UNIVERSITY WAS ALLOCATED ADDITIONAL HEERF GRANTS TOTALING $3,829,529 AND $6,813,000 IN TWO SUBSEQUENT AWARDS, OF WHICH $4,727,000 IS REQUIRED TO BE GIVEN DIRECTLY TO STUDENTS. OF THE HEERF GRANTS ALLOCATED TO THE UNIVERSITY DURING 2021, THE UNIVERSITY RECOGNIZED HEERF GRANT REVENUE TOTALING 3,755,514. DURING THE YEAR ENDED JUNE 30, 2022, THE UNIVERSITY RECOGNIZED THE REMAINING HEERF GRANTS ALLOCATED TO THE UNIVERSITY DURING 2021, TOTALING $6,887,000. 1 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 INSTITUTIONAL ACADEMIC AID EDUCATION SERVICES 19600 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 3 3 INSTITUTIONAL ACADEMIC AID EDUCATION SERVICES 677625 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INSTITUTIONAL ACADEMIC AID EDUCATION SERVICES 221125 0 3 0 0 0 3 918350 0 918350 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES PUBLIC SERVICE 51760 CHECK 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, PUBLIC SERVICE 301960 WIRE TRANSFER 0 19 0 INSTITUTIONAL ACADEMIC AID EAST ASIA AND THE PACIFIC 2 19600 CHARGES AGAINST TUITION INSTITUTIONAL ACADEMIC AID EUROPE (INCLUDING ICELAND AND GREENLAND) 58 677625 CHARGES AGAINST TUITION INSTITUTIONAL ACADEMIC AID CENTRAL AMERICA AND THE CARIBBEAN 17 221125 CHARGES AGAINST TUITION 1 0 0 1 0 0 PART I, LINE 2: THE METHODS USED TO MONITOR FUNDS INCORPORATE THE FOLLOWING CORE CONCEPTS: A) EXPECTATIONS ARE DOCUMENTED, B) A BUDGET IS ESTABLISHED, C) WRITTEN REPORTS ARE REQUIRED, D) THE UNIVERSITY BUDGET OFFICER REVIEWS REPORTS AND MONITORS THE RELATED BUDGET, E) THE UNIVERSITY BUDGET OFFICER CONTACTS OVERSEAS ORGANIZATIONS TO VERIFY THAT THE RECIPIENT IS ENGAGED AS PLANNED. METHOD 2: IN CASE OF STUDENT FINANCIAL AID, ACADEMIC PROGRESS IS MONITORED. PART III ACCOUNTING METHOD: X X X X X X X 1 RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 50303 DIGITAL ENGAGEMENT FEE 0 0 193527 -193527 193527 -193527 CALVIN ATHLETICS GOLF OUTING 2022 102650 68000 34650 22480 15504 14628 4289 102650 68000 34650 22480 15504 14628 4289 56901 -22251 1 ALLEN CHAPEL AME CHURCH 804 WEST NORTH STREET KALAMAZOO MI 49007 382842889 501(C)(3) 7500 0 WORSHIP RENEWAL PROJECT ANABAPTIST MENNONITE BIBLICAL SEMINARY 3003 BENHAM AVENUE ELKHART IN 46517 351902148 501(C)(3) 9000 0 WORSHIP RENEWAL PROJECT ARTISTS IN CHRISTIAN TESTIMONY INTL INC (CARDIPHONIA) PO BOX 1649 BRENTWOOD TN 37024 953660821 501(C)(3) 6450 0 WORSHIP RENEWAL PROJECT AU SABLE INSTITUTE 7526 SUNSET TRAIL NE MANCELONA MI 49659 381713340 501(C)(3) 7500 0 WORSHIP RENEWAL PROJECT AZUSA PACIFIC UNIVERSITY 901 E ALOSTA AVE AZUSA CA 917022701 951744369 501(C)(3) 9000 0 WORSHIP RENEWAL PROJECT BETHEL COMMUNITY PRESBYTERIAN CHURCH 14235 BANCROFT AVE SAN LEANDRO CA 94578 946024034 501(C)(3) 7500 0 WORSHIP RENEWAL PROJECT BRIDGEWAY COMMUNITY CHURCH 3101 SOUTH KIPLING ST LAKEWOOD CO 80227 465769885 501(C)(3) 7500 0 WORSHIP RENEWAL PROJECT CENTER OF THEOLOGICAL INQUIRY 50 STOCKTON ST PRINCETON NJ 08540 222212290 501(C)(3) 9000 0 WORSHIP RENEWAL PROJECT CHRIST FAMILY KINGDOM CENTER 697 13TH AVE NE MINNEAPOLIS MN 55413 411986334 501(C)(3) 7375 0 WORSHIP RENEWAL PROJECT CITY CHAPEL 350 SUNSET AVE NW GRAND RAPIDS MI 49504 822207773 501(C)(3) 7500 0 WORSHIP RENEWAL PROJECT CRESTON CRC 238 SPENCER NE GRAND RAPIDS MI 49505 381358178 501(C)(3) 7000 0 WORSHIP RENEWAL PROJECT DALLAS INTERNATIONAL UNIVERSITY 7500 WEST CAMP WISDOM ROAD DALLAS TX 75236 752760831 501(C)(3) 9000 0 WORSHIP RENEWAL PROJECT DAVID'S UNITED CHURCH OF CHRIST 80 W COLUMBUS ST CANAL WINCHESTER OH 43110 316059096 501(C)(3) 6000 0 WORSHIP RENEWAL PROJECT DORDT UNIVERSITY 498 4TH AVE NE SIOUX CENTER IA 51250 752760832 501(C)(3) 9000 0 WORSHIP RENEWAL PROJECT DUKE DIVINITY SCHOOL 407 CHAPEL DRIVE DUKE BOX 90968 DURHAM NC 277080968 560532129 501(C)(3) 8668 0 WORSHIP RENEWAL PROJECT EDEN THEOLOGICAL SEMINARY 475 E LOCKWOOD AVENUE ST LOUIS MO 63119 430654855 501(C)(3) 16250 0 WORSHIP RENEWAL PROJECT EMORY UNIVERSITY 1531 DICKEY DRIVE ATLANTA GA 30322 580566256 501(C)(3) 17138 0 WORSHIP RENEWAL PROJECT FIRST PRESBYTERIAN CHURCH OF BROOKLYN 124 HENRY ST BROOKLYN NY 11201 111630795 501(C)(3) 7500 0 WORSHIP RENEWAL PROJECT FIRST PRESBYTERIAN CHURCH OF HOLT 2021 AURELIUS ROAD HOLT MI 48842 381840808 501(C)(3) 7500 0 WORSHIP RENEWAL PROJECT FORT WASHINGTON COLLEGIATE CHURCH 729 WEST 181ST ST NEW YORK NY 10033 135564117 501(C)(3) 7500 0 WORSHIP RENEWAL PROJECT FULLER THEOLOGICAL SEMINARY 135 NORTH OAKLAND AVE PASADENA CA 91182 951699394 501(C)(3) 9000 0 WORSHIP RENEWAL PROJECT GOSHEN COLLEGE 1700 S MAIN STREET GOSHEN IN 46526 352158366 501(C)(3) 9000 0 WORSHIP RENEWAL PROJECT HOLY CROSS EV LUTHERAN CHURCH- ST LOUIS MO 2650 MIAMI ST ST LOUIS MO 63118 430653326 501(C)(3) 9000 0 WORSHIP RENEWAL PROJECT HOPE COLLEGE 141 E 12TH STREET HOLLAND MI 49423 381381271 501(C)(3) 23536 0 EARLY DUTCH COLONIES LEE UNIVERSITY 1120 N OCOEE ST CLEVELAND TN 37311 620502739 501(C)(3) 9000 0 WORSHIP RENEWAL PROJECT LUTHERAN CHURCH OF THE GOOD SHEPHERD 1601 NORTH ST SE OLYMPIA WA 98501 910792536 501(C)(3) 7500 0 WORSHIP RENEWAL PROJECT LYONS EVANGELICAL CHURCH 320 SILVER MAPLE DRIVE CALDWELL TX 77836 412236745 501(C)(3) 6700 0 WORSHIP RENEWAL PROJECT MOUNT OLIVE LUTHERAN CHURCH 2830 18TH AVE NW ROCHESTER MN 55901 411461244 501(C)(3) 7000 0 WORSHIP RENEWAL PROJECT NEW HOPE COVENANT CHURCH 2626 EAST 16TH STREET OAKLAND CA 94601 912010056 501(C)(3) 7500 0 WORSHIP RENEWAL PROJECT NORC AT THE UNIVERSITY OF CHICAGO 55 EAST MONROE STREET CHICAGO IL 60603 362167808 501(C)(3) 32000 0 ROLE OF MEDIA IN REACHING COMMUNITIES OF COLOR NORTHWESTERN COLLEGE 101 7TH ST SW ORANGE CITY IA 51041 420698196 501(C)(3) 6000 0 WORSHIP RENEWAL PROJECT NOT SO CHURCHY INC 648 BROADWAY SUITE 906 NEW YORK NY 10012 822418096 501(C)(3) 7500 0 WORSHIP RENEWAL PROJECT OKLAHOMA CHRISTIAN UNIVERSITY INC 2501 E MEMORIAL RD OKLAHOMA CITY OK 73013 730555460 501(C)(3) 6623 0 WORSHIP RENEWAL PROJECT PENN CENTER INC PO BOX 126 SAINT HELENA ISLAND SC 29920 570324930 501(C)(3) 17400 0 WORSHIP RENEWAL PROJECT PRAIRIE CITY CHRISTIAN REFORMED CHURCH 608 E 6TH ST PRAIRIE CITY IA 50028 421243652 501(C)(3) 12300 0 WORSHIP RENEWAL PROJECT PRINCETON THEOLOGICAL SEMINARY 64 MERCER STREET PRINCETON NJ 085420803 210635010 501(C)(3) 7500 0 WORSHIP RENEWAL PROJECT PROSKUNEO MINISTRIES INC 3526 CLOUDLAND DR STONE MOUNTAIN GA 30083 210635011 501(C)(3) 7500 0 WORSHIP RENEWAL PROJECT RALEIGH MENNONITE CHURCH 121 HILLSBOROUGH STREET RALEIGH NC 27603 561557290 501(C)(3) 7495 0 WORSHIP RENEWAL PROJECT RED MOUNTAIN COMMUNITY CHURCH 6101 EAST VIRGINIA STREET MESA AZ 85215 860650019 501(C)(3) 6000 0 WORSHIP RENEWAL PROJECT SAINT MEINRAD ARCHABBEY 200 HILL DR ST MEINRAD IN 47577 350868161 501(C)(3) 9000 0 WORSHIP RENEWAL PROJECT SAINT PETER AME ZION CHURCH 3033 26TH STREET TUSCALOOSA AL 35401 630875578 501(C)(3) 9000 0 WORSHIP RENEWAL PROJECT SAMFORD UNIVERSITY 800 LAKESHORE DR BIRMINGHAM AL 35229 630312914 501(C)(3) 8997 0 WORSHIP RENEWAL PROJECT SEVENTH DAY BAPTIST CONFERENCE SERVICES 3120 KENNEDY RD JANESVILLE WI 53547 390856256 501(C)(3) 9000 0 WORSHIP RENEWAL PROJECT SIDEBAR STORIES 120 BUTTONWOOD ST MOUNT HOLLY NJ 08060 474085247 501(C)(3) 7500 0 WORSHIP RENEWAL PROJECT SOUTH MERIDIAN CHURCH OF GOD 2402 MERIDIAN ST ANDERSON IN 46016 356000366 501(C)(3) 7500 0 WORSHIP RENEWAL PROJECT SOUTHERN METHODIST UNIVERSITY 3140 DYER ST MS261 DALLAS TX 75275 750800689 501(C)(3) 9000 0 WORSHIP RENEWAL PROJECT THE BELLBROOK PRESBYTERIAN CHURCH 72 W FRANKLIN ST BELLBROOK OH 45305 510149076 501(C)(3) 5484 0 WORSHIP RENEWAL PROJECT THE EPISCOPAL THEOLOGICAL SEMINARY OF THE SOUTHWEST 501 E 32ND STREET AUSTIN TX 78705 741238448 501(C)(3) 9000 0 WORSHIP RENEWAL PROJECT TRINITAS CLASSICAL SCHOOL 1934 - 52ND STREET SE GRAND RAPIDS MI 49508 205337994 501(C)(3) 7500 0 WORSHIP RENEWAL PROJECT TRINITY CHURCH OF WENATCHEE PO BOX 2598 WENATCHEE WA 98807 271446356 501(C)(3) 7500 0 WORSHIP RENEWAL PROJECT UNION PRESBYTERIAN SEMINARY 3401 BROOK ROAD RICHMOND VA 23227 540506428 501(C)(3) 7500 0 WORSHIP RENEWAL PROJECT UNITED PRESBYTERIAN CHURCH OF WALTON 58 EAST ST WALTON NY 13856 150569351 501(C)(3) 9000 0 WORSHIP RENEWAL PROJECT UNIVERSITY OF DALLAS 1845 E NORTHGATE DR IRVING TX 75062 750926755 501(C)(3) 9000 0 WORSHIP RENEWAL PROJECT UNIVERSITY OF NOTRE DAME 200 GRACE HALL NOTRE DAME IN 46556 350868188 501(C)(3) 9000 0 WORSHIP RENEWAL PROJECT UNIVERSITY OF WISCONSIN MILWAUKEE 1852 VAN HISE HALL 1220 LINDEN DRIVE MADISON WI 53706 396006492 501(C)(3) 9000 0 WORSHIP RENEWAL PROJECT VILLANOVA UNIVERSITY 800 LANCASTER AVE VILLANOVA PA 19085 231352688 501(C)(3) 9000 0 WORSHIP RENEWAL PROJECT VOLUNTEERS OF AMERICA NORTHERN ROCKIES 1876 S SHERIDAN AVE SHERIDAN WY 82801 830280532 501(C)(3) 7500 0 WORSHIP RENEWAL PROJECT WHEATON COLLEGE 501 E COLLEGE AVE WHEATON IL 60187 362182171 501(C)(3) 9000 0 WORSHIP RENEWAL PROJECT YALE UNIVERSITY 406 PROSPECT ST NEW HAVEN CT 06511 060646973 501(C)(3) 9000 0 WORSHIP RENEWAL PROJECT 59 0 INSTITUTIONAL ACADEMIC AID 2914 57888907 0 PART I, LINE 2: THE METHOD USED TO MONITOR FUNDS INCORPORATE THE FOLLOWING CORE CONCEPTS: A) EXPECTATIONS ARE DOCUMENTED, B) A BUDGET IS ESTABLISHED, C) WRITTEN REPORTS ARE REQUIRED, D) THE UNIVERSITY BUDGET OFFICER REVIEWS REPORTS AND MONITORS THE RELATED BUDGET, E) THE UNIVERSITY BUDGET OFFICER CONTACTS OVERSEAS ORGANIZATIONS TO VERIFY THAT THE RECIPIENT IS ENGAGED AS PLANNED. METHOD 2: IN CASE OF STUDENT FINANCIAL AID, ACADEMIC PROGRESS IS MONITORED. X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 DR MICHAEL LEROY PRESIDENT 321565 0 0 0 29637 0 7323 0 26016 0 384541 0 0 0 TODD HUBERS VICE PRESIDENT FOR PEOPLE, STRATEGY, 158909 0 0 0 258 0 3038 0 20581 0 182786 0 0 0 DR LAURA CHAMPION DIRECTOR OF HEALTH SERVICE 156796 0 0 0 138 0 3274 0 19550 0 179758 0 0 0 NOAH TOLY PROVOST 156388 0 0 0 30 0 3880 0 16539 0 176837 0 0 0 DR SARAH VISSER VICE PRESIDENT FOR STUDENT LIFE 154362 0 0 0 60 0 3070 0 18419 0 175911 0 0 0 LAUREN JENSEN VICE PRESIDENT FOR ENROLLMENT 145802 0 0 0 54 0 3079 0 25536 0 174471 0 0 0 A MICHIGAN FINANCE AUTHORITY REVENUE REFUNDING SERIES 2021 800596186 594479GL5 2021-04-13 73421766 REFUNDING BONDS 0 0 0 A 318892 73421766 591766 72830000 1 0 1 1 A 0 0 1 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 1 1 1 0 0 0 0 1 A 1 SCHEDULE K, PART III, LINE 3A THERE IS A FOOD SERVICE CONTRACT THAT QUALIFIES FOR A SAFE HARBOR UNDER REV. PROC. 97-13. SCHEDULE K, PART IV, LINE 2C THE REBATE CALCULATION IS NOT REQUIRED AT THIS TIME. IT IS EXPECTED THAT THE SERIES 2021 BONDS WILL QUALIFY FOR A REBATE EXCEPTION. X 9094 FAIR MARKET VALUE X 2900 FAIR MARKET VALUE X 1 10315 FAIR MARKET VALUE X 57 1342091 FAIR MARKET VALUE X 1 460138 FAIR MARKET VALUE X 3 7700 FAIR MARKET VALUE X 1 53 FAIR MARKET VALUE 0 1 0 PART I, LINE 33: THE UNIVERSITY DOES NOT CAPITALIZE COLLECTIONS, INCLUDING ARTWORK AND COLLECTIBLES AS ELECTED UNDER FASB ASC 958 AND THEREFORE, NO REVENUE IS REPORTED IN COLUMN (C) OF LINE 18. PART 1, COLUMN (B) LISTS THE NUMBER OF CONTRIBUTIONS. THE UNIVERSITY USES A THIRD PARTY TO SELL STOCK GIFTS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE IRS FORM 990 AND RELATED ATTACHMENTS ARE PROVIDED TO EACH MEMBER OF THE AUDIT COMMITTEE FOR REVIEW, COMMENT, AND REVISION PRIOR TO ELECTRONIC FILING. THE REVIEW IS APPROVED BY THE AUDIT COMMITTEE MEETING WHICH IS THEN REPORTED TO THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, ALL BOARD MEMBERS AND ALL AD HOC INVESTMENT COMMITTEE MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT AND DISCLOSE ANY CONFLICTS OF INTEREST. THESE ARE SUBMITTED TO THE PRESIDENT'S OFFICE AND A SUMMARY OF IDENTIFIED CONFLICTS IS PRESENTED TO THE AUDIT COMMITTEE ANNUALLY IN ITS JANUARY MEETING FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES ANNUALLY APPOINTS A COMMITTEE TO REVIEW THE PRESIDENT'S SALARY BY COMPARISON TO A SET OF THIRTY PEER INSTITUTIONS. THIS COMMITTEE THEN MAKES A RECOMMENDATION TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR IMPLEMENTATION. THE OTHER OFFICERS' SALARIES ARE REVIEWED WITH THE PRESIDENT IN LIGHT OF BENCHMARKED SALARIES FROM THE SAME SET OF THIRTY PEER INSTITUTIONS. SALARY CHANGES ARE MADE IN RESPONSE TO THOSE BENCHMARKS OF COMPENSATION FOR COMPARABLE POSITIONS AT PEER INSTITUTIONS. BENCHMARKED SALARY INFORMATION IS GATHERED FROM THE UNIVERSITY AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA-HR) ON-DEMAND SERVICE SURVEY FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL STATEMENTS ARE PUBLICLY AVAILABLE ON OUR WEBSITE. FORM 990, PART XI, LINE 9: CHANGES IN THE VALUE OF SPLIT INTEREST AGREEMENTS -1,046,249. ADJUSTMENT TO PRIOR SERVICE COST AND ACTUARIAL LIABILITY FOR RETIREE HEALTH 2,670,711.