2021-04-01T09:56:15-05:00 2020-06-30 BKD LLP 8200 W Interstate 10 Suite 900 San Antonio TX 782303806 990 2019-07-01 741109641 ST EDWARDS UNIVERSITY % KIMBERLY KVAAL STED 5124488400 3001 S CONGRESS AVENUE AUSTIN TX 787046489 KIMBERLY KVAAL VP FOR FINANCE 2103419400 2021-05-15 true Kevin Ensminger P01310558 2103419400 2021-05-15 2019 2022-09-23 18:48:47Z DR GEORGE MARTIN 3001 S CONGRESS AVENUE AUSTIN TX 787046489 425754843 false X WWW.STEDWARDS.EDU X 1964 TX TO PROVIDE A CULTURALLY DIVERSE STUDENT BODY WITH AN EDUCATION THAT ACHIEVES A BALANCE AMONG THE HUMANITIES, THE SCIENCES AND THE PROFESSIONS. 27 27 2160 27 0 0 7134021 6331588 186800674 178725935 6006258 21959948 2059243 1765055 202000196 208782526 80617801 78669050 0 0 71497228 69446026 0 0 2834460 44161269 40075748 196276298 188190824 5723898 20591702 383389490 377920423 138655391 135672799 244734099 242247624 X TO PROVIDE A CULTURALLY DIVERSE STUDENT BODY WITH AN EDUCATION THAT ACHIEVES A BALANCE AMONG THE HUMANITIES, THE SCIENCES AND THE PROFESSIONS. TO MAKE GRADUATES COMPETENT IN A CHOSEN DISCIPLINE AND TO HELP THEM UNDERSTAND AND APPRECIATE THE CONTRIBUTIONS OF OTHER DISCIPLINES. TO PROMOTE EXCELLENCE IN TEACHING AND LEARNING IN AN ENVIRONMENT THAT ENCOMPASSES THE CAMPUS CLASSROOM, STUDENT LIFE PROGRAMS AND THE BROADER COMMUNITY. TO PREPARE GRADUATES THROUGH TRAINING IN CRITICAL AND CREATIVE THINKING AS WELL AS MORAL REASONING, TO ANALYZE PROBLEMS, PROPOSE SOLUTIONS AND MAKE RESPONSIBLE DECISIONS. false false 165728042 78669050 180490990 HIGHER EDUCATION: THE PURPOSE OF THE ORGANIZATION'S PROGRAM SERVICE IS TO EDUCATE STUDENTS BY PROVIDING INSTRUCTION; SUPPORT TO ACADEMIC PROGRAMS THROUGH SUCH SERVICES AS COUNSELING, LIBRARY FACILITIES, ATHLETICS, CAMPUS ACTIVITIES FOR STUDENTS, ETC. AND BY PROVIDING STUDENTS WITH RESIDENCE HALLS, DINING AND BOOKSTORE SERVICES IN SUPPORT OF THE EDUCATIONAL MISSION. THE UNIVERSITY SERVED 3962 STUDENTS IN THIS REPORTING PERIOD. 165728042 true true false false false false false false true true false false false true false false true true true true false false false false false false false true true true false false false false false false false false false false true false false false true true true true false false true 253 0 2160 true false true FR false false false false false false false false false false X 27 27 false false false false false true false true true false false true true true true true true true true false X KIMBERLY KVAAL 5124488400 3001 S CONGRESS AVE AUSTIN TX 787046489 X GEORGE E MARTIN PRESIDENT 45.0 0.0 X 849322 0 31105 KIMBERLY KVAAL VP FINANCE AND ADMINISTRATION 45.0 0.0 X 308462 0 26161 ANDREW PRALL PROVOST 45.0 0.0 X 264812 0 45317 DAVID WALDRON VP TECHNOLOGY 45.0 0.0 X 266194 0 42771 JOSE E DEMEDEIROS VP UNIVERSITY ADVANCEMENT 45.0 0.0 X 248445 0 45470 LISA L KIRKPATRICK VP STUDENT AFFAIRS 45.0 0.0 X 249974 0 38669 TRACY L MANIER VP ADMISSIONS 45.0 0.0 X 233505 0 49453 JUSTIN M SLOAN VP INSTITUTIONAL EFFECTIVENESS 45.0 0.0 X 239405 0 15982 MARY C CAMPBELL VP MARKETING 45.0 0.0 X 215984 0 35523 GARY A MORRIS DEAN SCHOOL OF NATURAL SCIENCE 45.0 0.0 X 190381 0 44677 MOLLY MINUS ASSOC. VP ACADEMIC AFFAIRS 45.0 0.0 X 174965 0 34480 BRENDA J VALLANCE DEAN BEHAVIORAL SCIENCES 45.0 0.0 X 182988 0 14274 MARK POULOS PROFESSOR MANAGEMENT 45.0 0.0 X 178466 0 17769 CATHERINE MACDERMOTT PROFESSOR BUSINESS COMMUNICATI 45.0 0.0 X 186720 0 9082 CATHERINE TOBIN HILLIARD TREASURER 1.0 0.0 X 0 0 0 DR REGINA LEWIS DDS TRUSTEE 1.0 0.0 X 0 0 0 BROTHER RICHARD DALY CSC TRUSTEE 1.0 0.0 X 0 0 0 LINUS AKANOH TRUSTEE 1.0 0.0 X X 0 0 0 MARTIN ROSE CHAIR 1.0 0.0 X X 0 0 0 PATRICIA BERRIER MUNDAY TRUSTEE 1.0 0.0 X 0 0 0 AMATA MILLER IHM TRUSTEE 1.0 0.0 X 0 0 0 BROTHER THOMAS DZIEKAN CSC TRUSTEE 1.0 0.0 X 0 0 0 BROTHER JAMES BRANIGAN CSC TRUSTEE 1.0 0.0 X 0 0 0 STEVE SHADOWEN VICE CHAIR 1.0 0.0 X X 0 0 0 DAVID SPRAGUE TRUSTEE 1.0 0.0 X 0 0 0 KEVIN KOCH TRUSTEE 1.0 0.0 X 0 0 0 DR MARGARET E CRAHAN TRUSTEE 1.0 0.0 X 0 0 0 GRAHAM HUGHES ABELL TRUSTEE 1.0 0.0 X 0 0 0 MARILYN L O'NEILL TRUSTEE 1.0 0.0 X 0 0 0 ELLIE GHAZNAVI TRUSTEE 1.0 0.0 X 0 0 0 FOWLER CARTER TRUSTEE 1.0 0.0 X 0 0 0 DEBBIE ADAMS TRUSTEE 1.0 0.0 X 0 0 0 FRANCIS MOORE TRUSTEE 1.0 0.0 X 0 0 0 BROTHER DONALD BLAUVELT CSC TRUSTEE 1.0 0.0 X 0 0 0 DUNCAN KNAPP UNDERWOOD SECRETARY 1.0 0.0 X X 0 0 0 CAROLYN LEWIS TRUSTEE 1.0 0.0 X 0 0 0 JESSE BUTLER TRUSTEE 1.0 0.0 X 0 0 0 CHRIS RAGLAND TRUSTEE 1.0 0.0 X 0 0 0 IAN TURPIN TRUSTEE 1.0 0.0 X 0 0 0 KYLE BALLARTA TRUSTEE 1.0 0.0 X 0 0 0 MARIE GONZALEZ TRUSTEE 1.0 0.0 X 0 0 0 3789623 0 450733 84 false true false JM MITCHELL GROUP INC 6202 LEDGE MOUNTAIN DR AUSTIN TX 78731 DIGITAL MEDIA ADVERT 1435445 STHEALTH BENEFIT SOLUTIONS LLC 18940 NORTH PIMA RD STE 210 SCOTTSDALE AZ 85255 MEDICAL STOP LOSS IN 606938 HILL WILKINSON CONSTRUCTION 2703 TELECOM PKWY RICHARDSON TX 75082 CONSTRUCTION 7909189 JT VAUGHN CONSTRUCTION LLC 10355 WESTPARK DR HOUSTON TX 77042 CONSTRUCTION 1042701 AMERICAN CAMPUS COMMUNITIES 2323 SAN ANTONIO STREET AUSTIN TX 78705 STUDENT HOUSING 618644 9 50000 3261499 3020089 55911 6331588 TUITION AND FEES 611310 166017426 166017426 AUXILIARY ENTERPRISES 611310 12708509 12708509 178725935 2455477 2455477 0 0 0 0 0 236476788 216972317 19504471 19504471 19504471 0 0 0 0 0 0 0 0 0 OTHER OPERATING INCOME 900099 1478379 1478379 OTHER NON-OPERATING INCOME 900099 286676 286676 1765055 208782526 180490990 21959948 0 78669050 78669050 0 0 3197068 281703 2621810 293555 0 51520749 43313720 6494059 1712970 2789007 2327927 372568 88512 8112942 6546072 1281968 284902 3826260 3057101 629939 139220 0 936801 3281 930520 3000 136630 136630 234890 234890 0 0 7031869 5427746 1493704 110419 1438595 56154 1379622 2819 3301757 2604675 631157 65925 2831592 2274677 522925 33990 0 2592381 2322391 269990 1419906 1264774 134831 20301 0 214726 167498 43317 3911 4332578 4266569 66009 0 9684017 8743595 940422 929695 48770 880925 BAD DEBT EXPENSE 963271 963271 HOSPITALITY 852176 607426 183188 61562 HOUSING FLOOD MITIGATION 542901 542901 LIBRARY COLLECTIONS 783476 783476 1848487 1455265 379848 13374 188190824 165728042 19628322 2834460 489172 1123460 27305196 28620487 1941772 2226676 4104619 2179214 0 0 0 0 1829917 1486039 0 0 1282926 662759 350934455 129451443 226130468 221483012 103014453 102168042 11083375 11763142 0 0 0 0 6207592 6207592 383389490 377920423 14827623 13451729 2000345 1819615 6273804 7388997 106809573 102874645 0 0 0 0 0 0 0 0 8744046 10137813 138655391 135672799 X 148811906 148946744 95922193 93300880 244734099 242247624 383389490 377920423 X 20591702 -22172852 -905325 X false true X true true true X 9768891 6399342 5394942 7134021 6331588 35028784 0 0 9768891 6399342 5394942 7134021 6331588 35028784 3294092 31734692 2718137 2827251 3077305 2793541 2455477 13871711 0 0 48900495 0.64897 0.61490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 114270848 1811952 -423076 3261563 1505632 234890 110657639 110196524 3431243 5519793 3149297 1485586 241829 114270848 105343221 1511009 7888308 2766133 1496520 283360 110196525 94900643 2573006 12410308 2808883 1526037 205816 105343221 95017043 5491207 -1726291 2253661 1449409 178246 94900643 0.17000 0.70000 0.13000 false false 3479883 3479883 299829906 89997169 209832737 14029396 11771464 2257932 32623690 27682810 4940880 971580 971580 221483012 0 ANNUITIES PAYABLE 5481064 INTEREST RATE SWAP 3912918 OTHER 743831 10137813 X SCHEDULE D, PART V, LINE 4 THE UNIVERSITY'S ENDOWMENT FUNDS PROVIDE SCHOLARSHIPS AND SUPPORT FOR UNIVERSITY PROGRAMS TO DELIVER THE EDUCATIONAL MISSION. SCHEDULE D, PART X, LINE 2 ASC 740 FOOTNOTE: 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. true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 ALL RESPONSES TO PUBLIC INQUIRY CONCERNING ADMISSIONS AND FINANCIAL AID REQUIREMENTS ARE MET WITH LITERATURE; SUCH AS CATALOGUES, BROCHURES AND APPLICATIONS THAT HAVE THE ORGANIZATION'S NON-DISCRIMINATORY POLICY CLEARLY STATED. ADVERTISEMENTS FOR THE ORGANIZATION TYPICALLY ARE FOR COURSE OFFERINGS OF THE CURRENT SEMESTER. A STATEMENT OF NON-DISCRIMINATORY POLICY IS STATED IN EACH ADVERTISEMENT AND IN THE UNIVERSITY WEBSITE. SCHEDULE E, PART I, LINE 6A THE UNIVERSITY ADMINISTERS VARIOUS STUDENT FINANCIAL AID PROGRAMS INCLUDING SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT, COLLEGE WORK STUDY AND NATIONAL DIRECT STUDENT LOANS. THE UNIVERSITY IS ALSO INVOLVED IN VARIOUS EDUCATIONAL PROGRAMS FOR WHICH FUNDS ARE RECEIVED FROM BOTH STATE AND FEDERAL AGENCIES. true EUROPE (INCLUDING ICELAND AND GREENLAND) 1 2 PROGRAM SERVICES SEE PART V 500430 1 2 1 2 500430 500430 true false true true false false SCHEDULE F, PART I, LINE 2 N/A - NO GRANT FUNDS OUTSIDE US SCHEDULE F, PART I, LINE 3 TYPE OF PROGRAM: EUROPE (FRANCE) ONLY EDUCATIONAL AND CULTURAL ACTIVITIES FOR THE ORGANIZATION'S STUDENTS AND LOCAL RESIDENCE STUDENTS. THE UNIVERSITY USES THE ACCRUAL METHOD OF ACCOUNTING. FOR THE EUROPEAN REGION, CASH DISBURSEMENTS ARE MADE BY CASH PAYMENT, CHECK, CREDIT/DEBIT CARD, WIRE TRANSFER AND DIRECT CHARGES AGAINST FUNDS ON DEPOSIT AT A FRANCE FINANCIAL INSTITUTION. THE UNIVERSITY HAS NO INVESTMENTS IN THIS REGION; ONLY THE EXPENDITURES AS SHOWN IN PART I. true SCHOLARSHIPS TO STUDENTS 3962 78669050 SCHEDULE I, PART I, LINE 2 ST. EDWARD'S UNIVERSITY'S OFFICE OF STUDENT FINANCIAL SERVICES MONITORS THE USE OF GRANT FUNDS USING A TASK FOR ENROLLMENT MANAGEMENT, COMPLIANCE AND FUNDS MANAGEMENT, AND ANNUAL INDEPENDENT AUDITS. THE ENROLLMENT COMMITTEE REVIEWS AWARDING AND RENEWAL POLICIES FOR THE UNIVERSITY GRANTS AND SCHOLARSHIPS AND ESTABLISHES FRESHMEN AND TRANSFER ENROLLMENT GOALS ALONG WITH THE FINANCIAL AID PACKAGING STRATEGY NECESSARY TO ACHIEVE THESE GOALS. THE COMMITTEE ENGAGES A NATIONALLY RECOGNIZED LEADER IN THE ENROLLMENT MANAGEMENT CONSULTING FIELD TO ASSIST IN THE ESTABLISHMENT AND MONITORING OF FRESHMEN AND TRANSFER ENROLLMENT GOALS AND FINANCIAL AID PACKAGING. EACH COMMITTEE MEMBER AND OTHER KEY UNIVERSITY PERSONNEL RECEIVE WEEKLY REPORTS THROUGHOUT THE FINANCIAL AID AWARDING CYCLE. THE TASK FOR ENROLLMENT MANAGEMENT IS COMPRISED OF THE PROVOST, VICE PRESIDENT STUDENT AFFAIRS, VICE PRESIDENT FINANCE AND ADMINISTRATION, VICE PRESIDENT ENROLLMENT MANAGEMENT, VICE PRESIDENT MARKETING AND COMMUNICATIONS, VICE PRESIDENT INSTITUTIONAL EFFECTIVENESS AND PLANNING, ASSOCIATE VICE PRESIDENTS ACADEMIC SERVICES, ASSOCIATE VICE PRESIDENTS ACADEMIC AFFAIRS, ASSOCIATE VICE PRESIDENT ATHLETICS AND THE DIRECTOR OF STUDENT FINANCIAL AID. TO ENSURE COMPLIANCE AND PROPER FUND MANAGEMENT, THE UNIVERSITY USES AN ENTERPRISE SOFTWARE TO TRACK ALL FUNDING SOURCES FOR SCHOLARSHIPS FROM UNIVERSITY, FEDERAL, STATE, LOCAL AND PRIVATE SOURCES. THE SOFTWARE HAS A COMPREHENSIVE COMPLIANCE AND FUNDS MANAGEMENT MODULE AND ALLOWS STAFF TO ADD ADDITIONAL FUNCTIONALITY AS NECESSARY. THE COMPLIANCE MODULE IDENTIFIES GRANT AND SCHOLARSHIP OFFERS THAT FAIL TO MEET AWARDING CRITERIA AND PREVENTS FINANCIAL AID FROM BEING APPLIED TO A STUDENT IF THE STUDENT DOES NOT MEET THE DISBURSING CRITERIA. FINANCIAL AID RECORDS AND UNIVERSITY GENERAL LEDGER RECORDS ARE RECONCILED USING THE FUNDS MANAGEMENT FUNCTION. ADDITIONAL MONITORING IS ACCOMPLISHED THROUGH DIAGNOSTIC REPORTS BY FINANCIAL AID IDENTIFYING CODES, TYPES OF GRANTS, FORMS OF GRANTS AND INDIVIDUAL FUNDING SOURCES. ANNUAL AUDITS ARE PERFORMED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM THAT RENDERS AN OPINION AS TO WHETHER FEDERAL AND CERTAIN STATE FUNDED FINANCIAL AID PROGRAMS ARE EXERCISED IN COMPLIANCE WITH APPLICABLE LAWS AND REGULATIONS GOVERNING SAID PROGRAMS. X true true X X X X X true true false false false false false false false DAVID WALDRON VP TECHNOLOGY 263492 0 0 0 2702 0 19363 0 23408 0 308965 0 GEORGE E MARTIN PRESIDENT 561857 0 110904 0 176561 0 19600 0 11505 0 880427 0 LISA L KIRKPATRICK VP STUDENT AFFAIRS 248670 0 0 0 1304 0 18125 0 20544 0 288643 0 JOSE E DEMEDEIROS VP UNIVERSITY ADVANCEMENT 247705 0 0 0 740 0 18298 0 27172 0 293915 0 KIMBERLY KVAAL VP FINANCE AND ADMINISTRATION 281762 0 25000 0 1700 0 19600 0 6561 0 334623 0 JUSTIN M SLOAN VP INSTITUTIONAL EFFECTIVENESS 238847 0 0 0 558 0 14677 0 1305 0 255387 0 MARY C CAMPBELL VP MARKETING 214858 0 0 0 1126 0 15750 0 19773 0 251507 0 TRACY L MANIER VP ADMISSIONS 231871 0 0 0 1634 0 17500 0 31953 0 282958 0 ANDREW PRALL PROVOST 264072 0 0 0 740 0 19325 0 25992 0 310129 0 BRENDA J VALLANCE DEAN BEHAVIORAL SCIENCES 180964 0 0 0 2024 0 12737 0 1537 0 197262 0 MOLLY MINUS ASSOC. VP ACADEMIC AFFAIRS 173555 0 0 0 1410 0 12949 0 21531 0 209445 0 GARY A MORRIS DEAN SCHOOL OF NATURAL SCIENCE 188982 0 0 0 1399 0 14385 0 30292 0 235058 0 CATHERINE MACDERMOTT PROFESSOR BUSINESS COMMUNICATI 63241 0 0 123479 0 4522 0 4560 0 195802 0 MARK POULOS PROFESSOR MANAGEMENT 59384 0 0 119082 0 4676 0 13093 0 196235 0 SCHEDULE J, PART I, LINE 1A DR. GEORGE MARTIN, PRESIDENT, RECEIVED A HOUSING ALLOWANCE AND REIMBURSEMENT FOR LIFE INSURANCE AND FINANCIAL PLANNING PER EMPLOYMENT CONTRACT. THE HOUSING ALLOWANCE, FINANCIAL PLANNING AND LIFE INSURANCE ARE TAXABLE AND REPORTED TO DR. MARTIN ON IRS FORM W-2. SCHEDULE J, PART I, LINE 4 - PART 1 - LINE 4A & 4B INDIVIDUAL SEVERANCE PAYMENTS: $123,229 - CATHERINE MACDERMOTT $118,809 - MARK POULOS RETIREMENT PLAN DESCRIBED IN 457 (F): INDIVIDUALS: PAYMENT IN W-2: GEORGE E. MARTIN $110,904 A SAN LEANNA EDUCATION FACILITIES CORP 201275212 756870AQ4 2004-06-04 10000000 SEE SCHEDULE K, PART VI false false false B RED RIVER EDUCATION FINANCE CORPORATION 752791247 756870BV2 2017-04-20 21331147 SEE SCHEDULE K, PART VI false false false C SAN LEANNA EDUCATION FACILITIES CORP 201275212 000000000 2006-08-01 6963000 SEE SCHEDULE K, PART VI false false false A 3366250 0 10000000 0 419227 0 98500 0 0 9482273 0 0 2005 false false true true B 7890000 0 21331147 0 0 0 298742 0 0 0 21032405 0 2017 true false true true C 1984000 0 6963000 0 0 0 92214 0 0 6870786 0 0 2007 false false true true A false false false false 0 false false false true B false false false false 0 false false false true C false false false false 0 false false false true A false false false true true true 0 29. true false false 0 false true B false false false true false false 0 false 0 false true C false false false true true true 0 true false false 0 false true A true B true C true SCHEDULE K, PART I, COLUMN (F) DESCRIPTION OF PURPOSE: BOND A (2004): CONSTRUCTION, EQUIPMENT AND NEW DORMITORY FACILITY AND CERTAIN UTILITY EFFICIENCY UPGRADES BOND B (2017): ADVANCE REFUNDING OF REMAINING SERIES 2007 BONDS BOND C (2006): CONSTRUCTION AND EQUIPMENT FOR NEW DORMITORY FACILITY BOND A (2005): CONSTRUCTION AND EQUIPMENT FOR NEW DORMITORY FACILITY BOND B (2016): CONSTRUCTION, EQUIPMENT AND FURNISHING CERTAIN STUDENT HOUSING AND REFUND PORTION OF THE SERIES 2007 BOND SCHEDULE K, PART IV, LINE 2C REBATE COMPUTATION: SAN LEANNA EDUCATION FACILITIES CORP THAT WAS ISSUED ON 06/04/2004 PERFORMED AN ARBITRAGE COMPUTATION ON 12/04/2006. SAN LEANNA EDUCATION FACILITIES CORP THAT WAS ISSUED ON 01/11/2005 PERFORMED AN ARBITRAGE COMPUTATION ON 12/04/2006. SAN LEANNA EDUCATION FACILITIES CORP THAT WAS ISSUED ON 08/01/2006 PERFORMED AN ARBITRAGE COMPUTATION ON 05/06/2010. RED RIVER EDUCATION FINANCE CORPORATION, HIGHER EDUCATION REVENUE BONDS, (SAINT EDWARDS UNIVERSITY PROJECT), SERIES 2016 THAT WAS ISSUED ON JUNE 28, 2016. PERFORMED ARBITRAGE COMPUTATIONS ON 06/29/2018. RED RIVER EDUCATION FINANCE CORPORATION, HIGHER EDUCATION REVENUE REFUNDING BONDS, (SAINT EDWARDS UNIVERSITY PROJECT), SERIES 2017 THAT WAS ISSUED ON APRIL 20, 2017 PERFORMED ARBITRAGE COMPUTATIONS ON 5/17/2019. A SAN LEANNA EDUCATION FACILITIES CORP 201275212 000000000 2005-01-11 2917000 SEE SCHEDULE K, PART VI false false false B RED RIVER EDUCATION FINANCE CORPORATION 752791247 756870AQ4 2016-06-28 79953738 SEE SCHEDULE K, PART VI false false false A 621750 0 2917000 0 0 0 45000 0 0 2872000 0 0 2007 false false true true B 0 0 79953738 0 0 0 790000 0 0 37185330 41978408 0 2018 false true true true A false false false false 0 false false false true B false false false false 0 false false false true A false false false true true true FROST NATIONAL BANK 30. false false 0 false false B false false false true false false 0 false 0 false true A true B true X 3 55911 FMV false true false SCHEDULE M, PART I, COLUMN B NUMBER OF CONTRIBUTIONS OR ITEMS CONTRIBUTED: THE AMOUNTS IN THIS COLUMN ARE THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION A, LINE 1A EXECUTIVE COMMITTEE: THE EXECUTIVE COMMITTEE OF THE UNIVERSITY IS COMPOSED OF AT LEAST FIVE VOTING MEMBERS OF THE BOARD OF TRUSTEES, INCLUDING THE OFFICERS OF THE BOARD AND, EX OFFICIO, THE PRESIDENT OF ST. EDWARD'S UNIVERSITY. MEMBERS OF THIS COMMITTEE, OTHER THAN THE OFFICERS OF THE BOARD AND THE PRESIDENT, ARE APPOINTED BY THE CHAIRPERSON OF THE BOARD, THESE APPOINTMENTS BEING RATIFIED BY VOTE OF THE FULL BOARD. THE EXECUTIVE COMMITTEE CAN EXERCISE ALL POWERS OF THE BOARD AT SUCH TIMES AS THE BOARD IS NOT IN SESSION, EXCEPT THAT IT DOES NOT HAVE THE POWER TO ALTER OR REVOKE ANY PREVIOUS ORDER, RESOLUTION, OR VOTE OF A MEETING OF THE BOARD UNLESS SPECIFICALLY GRANTED SUCH POWER BY THE BOARD. IT DOES NOT HAVE THE POWER TO ELECT OR REMOVE OFFICERS OF THE BOARD OF TRUSTEES, ELECT OR REMOVE THE PRESIDENT OF ST. EDWARD'S UNIVERSITY, OR TO AMEND THE CHARTER OR BYLAWS OF THE CORPORATION. THE COMMITTEE CANNOT ACT ON MATTERS PROPERLY THE FIRST RESPONSIBILITY OF STANDING COMMITTEES FOR REVIEW, STUDY, AND RECOMMENDATION TO IT AND/OR TO THE BOARD, EXCEPT IN EMERGENCIES OF CONSEQUENCE TO ST. EDWARD'S UNIVERSITY GENERALLY. THE FUNCTIONS OF THIS COMMITTEE ALSO INCLUDE EVALUATION OF THE STATED MISSION AND GOALS OF THE UNIVERSITY. tHE EXECUTIVE COMMITTEE HAS A STANDING SUBCOMMITTEE, APPOINTED BY THE CHAIRPERSON OF THE BOARD, RESPONSIBLE FOR REVIEWING THE COMPENSATION PACKAGE OF THE PRESIDENT AND RECOMMENDING THE SAME TO THE FULL COMMITTEE. THE SUBCOMMITTEE WILL ALSO OVERSEE THE COMPENSATION PACKAGES OF SENIOR STAFF TO ASSURE COMPLIANCE WITH APPLICABLE LAW, REGULATION AND GOOD PRACTICE. REGULAR AND SPECIAL MEETINGS SHALL BE AT THE CALL OF THE CHAIRPERSON OR PRESIDENT OR UPON WRITTEN REQUEST OF ANY TWO VOTING TRUSTEE MEMBERS OF THE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 7A POWER TO ELECT OR APPOINT MEMBERS OF GOVERNING BODY: AS PROVIDED FOR IN THE MERGER AGREEMENT, THE PROVINCIAL SUPERIOR OF CONGREGATION OF HOLY CROSS MOREAU PROVINCE AND ANOTHER THREE ACTIVE TRUSTEES TO BE NAMED BY THE CONGREGATION OF HOLY CROSS MOREAU PROVINCE ARE MEMBERS OF THE UNIVERSITY BOARD OF TRUSTEES. ALL OTHER MEMBERS OF THE BOARD OF TRUSTEES ARE ELECTED. THE BOARD OF TRUSTEES IS SELF-PERPETUATING AND SHALL CONSIST OF TRUSTEES ELECTED BY THE BOARD AND THOSE PERSONS ELECTED AS EMERITI OR WHO SIT WITH THE TRUSTEES, EX OFFICIO. FORM 990, PART VI, SECTION B, LINE 11B PROCESS TO REVIEW FORM 990: THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION (WHO REPORTS TO THE UNIVERSITY'S PRESIDENT) IS RESPONSIBLE FOR OVERSEEING ALL TAX COMPLIANCE MATTERS FOR ST. EDWARD'S UNIVERSITY, INCLUDING THE PREPARATION OF THE UNIVERSITY'S FORM 990. ACCORDINGLY, UNDER HER DIRECTION THE UNIVERSITY'S FORM 990 IS PREPARED BY STAFF IN THE UNIVERSITY'S BUSINESS OFFICE. THEREAFTER, THE UNIVERSITY'S FORM 990 IS REVIEWED BY THE ASSOCIATE VICE PRESIDENT FOR FINANCE AND THE UNIVERSITY'S AUDIT FIRM. NEXT, THE UNIVERSITY'S VICE PRESIDENT FOR FINANCE AND ADMINISTRATION REVIEWS THE UNIVERSITY'S FORM 990 ONE FINAL TIME BEFORE THE RETURN IS PROVIDED TO THE UNIVERSITY'S FIDUCIARY COMMITTEE OF ITS BOARD OF TRUSTEES, WHICH HAS BEEN DELEGATED APPROPRIATE AUTHORITY TO REVIEW THE RETURN ON BEHALF OF THE UNIVERSITY'S BOARD OF TRUSTEES. SUBSEQUENT TO ITS REVIEW, THE FIDUCIARY COMMITTEE REPORTS BACK TO THE FULL BOARD OF TRUSTEES REGARDING ITS OVERSIGHT OF FORM 990, AND THE FINAL DRAFT OF THE UNIVERSITY'S FORM 990 (INCLUDING ALL REQUIRED SCHEDULES THERETO) IS PROVIDED TO THE ENTIRE BOARD OF TRUSTEES SO IT IS ABLE TO MAKE ANY APPROPRIATE INQUIRIES REGARDING THE DATA CONTAINED IN THE UNIVERSITY'S FORM 990 BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C PROCESS TO MONITOR AND ENFORCE COMPLIANCE WITH CONFLICT OF INTEREST POLICY: ST. EDWARD'S UNIVERSITY'S CONFLICT OF INTEREST POLICY IS APPLICABLE TO ALL MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES, OFFICERS, AND HIGHEST COMPENSATED EMPLOYEES. A CONFLICT IS DEEMED TO EXIST IN THE EVENT THAT A TRUSTEE, OFFICER OR FAMILY MEMBER OF EITHER IS AFFILIATED WITH AN ORGANIZATION THAT MAY TRANSACT BUSINESS WITH THE UNIVERSITY. THE POLICY DEFINES TRUSTEE, OFFICER, FAMILY MEMBERS, AND AFFILIATION. DISCLOSURE OF ANY OR ALL OF THESE TYPES OF RELATIONSHIPS OR THE APPEARANCE OF SUCH RELATIONSHIPS IS REQUIRED TO BE MADE ANNUALLY BY SEPTEMBER OR AS SOON AS A POTENTIAL CONFLICT ARISES. THE DISCLOSURES FOR TRUSTEES AND OFFICERS ARE MADE IN WRITING ON THE ST. EDWARD'S CONFLICT OF INTEREST FORM AND SUBMITTED TO THE CHIEF OF STAFF IN THE OFFICE OF THE PRESIDENT. AFTER COLLECTING THE CONFLICT OF INTEREST FORMS, THE CHIEF OF STAFF PROVIDES THE PRESIDENT AND CHAIR OF THE BOARD WITH A REPORT STATING WHETHER OR NOT THERE ARE ANY CONFLICTS. IF ANY POTENTIAL CONFLICTS ARE DISCLOSED, UNIVERSITY'S LEGAL COUNSEL IS TO BE NOTIFIED. COUNSEL WILL IN TURN DETERMINE IF AN ACTUAL CONFLICT EXISTS. IF A CONFLICT IS DETERMINED TO EXIST WITH A TRUSTEE THE MATTER IS REPORTED TO THE UNIVERSITY PRESIDENT AND BOARD CHAIR. IF A CONFLICT IS DETERMINED TO EXIST WITH A UNIVERSITY OFFICER, THE MATTER IS REPORTED TO THE UNIVERSITY PRESIDENT. IN EITHER CASE, THE INDIVIDUAL(S) RECEIVING THE REPORT MUST TAKE ALL APPROPRIATE ACTION SUCH AS ABSTAIN FROM VOTING. FORM 990, PART VI, SECTION B, LINES 15A & 15B COMPENSATION OF CEO AND OTHER OFFICERS: FOR THE UNIVERSITY PRESIDENT, THE UNIVERSITY ENGAGES NATIONAL SEARCH FIRMS TO SOLICIT CANDIDATES WHO MEET THE ESTABLISHED CRITERIA FOR THE OPEN POSITION. AS PART OF THE WORK PERFORMED BY THESE FIRMS, A SALARY RANGE ACCEPTABLE TO THE UNIVERSITY IS DETERMINED AND COMPARED TO INDUSTRY DATA. ALL WORK PERFORMED BY THE NATIONAL FIRM IS REVIEWED BY AN INTERNALLY APPOINTED SEARCH COMMITTEE. COMPENSATION INCREASES FOR THE PRESIDENT ARE APPROVED BY THE BOARD OF TRUSTEES. FOR THE UNIVERSITY OTHER OFFICERS, THE UNIVERSITY ENGAGES NATIONAL SEARCH FIRMS TO SOLICIT CANDIDATES WHO MEET THE ESTABLISHED CRITERIA FOR THE OPEN POSITION. AS PART OF THE WORK PERFORMED BY THESE FIRMS, A SALARY RANGE ACCEPTABLE TO THE UNIVERSITY IS DETERMINED AND COMPARED TO INDUSTRY DATA. ALL WORK PERFORMED BY THE NATIONAL FIRM IS REVIEWED BY AN INTERNALLY APPOINTED SEARCH COMMITTEE. ONCE INDIVIDUALS ARE HIRED, ANY INCREASE IN COMPENSATION FOR KEY EMPLOYEES IS APPROVED BY THE PRESIDENT AND REVIEWED BY THE BOARD OF TRUSTEES. EXECUTIVE COMMITTEE SERVES AS THE COMPENSATION COMMITTEE AND REVIEWS ALL INDIVIDUALS ON 990 AND DOCUMENTS IN THE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS: UNIVERSITY POLICIES, INCLUDING THE CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC ON OUR WEBSITE. GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES: -$905,325 CHANGE IN FV OF SWAP 2908 SOUTH CONGRESS INC 2908 S CONGRESS AVENUE AUSTIN TX 78704 823317354 HOLDING CO. TX -122023 6207592 ST EDWARD'S CATHOLIC CEMETERY ASSOCIATION OF AUSTIN 3650 SOUTH HI-35 AUSTIN TX 78704 741185658 CEMETERY TX 501(C)(3) 1 ST EDWARD'S true false false true false false false false false false false false false false false false false false false false CATHOLIC CEMETERY ASSOCIATION OF AUSTIN C 50000 FMV