2021-05-13T10:11:35-05:00 2020-06-30 390859910 BAKER TILLY US LLP 225 S 6TH STREET STE 2300 MINNEAPOLIS MN 55402 990 2019-07-01 941156599 SAINT MARY'S COLLEGE OF CALIFORNIA SAIN 9256314571 1928 ST MARYS ROAD PMB 3554 MORAGA CA 94575 SUSAN COLLINS VP FOR FINANCE & ADMINISTRATIO 9256314571 2021-05-13 1 LAWRENCE H MOHR CPA P00447603 6128264500 2021-05-13 2019 2022-09-23 18:48:47Z JAMES A DONAHUE 1928 ST MARYS ROAD PMB 3554 MORAGA CA 94575 253245225 0 X WWW.STMARYS-CA.EDU X 1863 CA AN INSTITUTION OF HIGHER EDUCATION THAT GRANTS ASSOCIATE, BACCALAUREATE, AND MASTERS DEGREES IN LIBERAL ARTS, SCIENCE, BUSINESS ADMINISTRATION AND EDUCATION, AS WELL AS A DOCTORATE IN EDUCATION. 25 23 2430 28 124268 19486 12675631 10205280 179360254 170840614 7913625 12108367 1380675 1605342 201330185 194759603 59178965 58460463 0 0 84891599 85222474 0 0 2887720 49403471 45139504 193474035 188822441 7856150 5937162 349800636 346418383 94757937 100369032 255042699 246049351 X SAINT MARY'S COLLEGE OF CALIFORNIA INVITES YOU TO PASSIONATELY EMBRACE KNOWLEDGE, THE CHALLENGES OF SCHOLARSHIP, AND THE CAPACITY TO MAKE LASTING CHANGE IN THE WORLD. THE FOUNDATION FOR THIS IS OUR MISSION. TO PROBE DEEPLY THE MYSTERY OF EXISTENCE BY CULTIVATING THE WAYS OF KNOWING AND THE ARTS OF THINKING. TO AFFIRM AND FOSTER THE CHRISTIAN UNDERSTANDING OF THE HUMAN PERSON WHICH ANIMATES THE EDUCATIONAL MISSION OF THE CATHOLIC CHURCH. TO CREATE A STUDENT-CENTERED EDUCATIONAL COMMUNITY WHOSE MEMBERS SUPPORT ONE ANOTHER WITH MUTUAL UNDERSTANDING AND RESPECT. 0 0 164940441 58460463 170816986 HIGHER EDUCATION: INSTRUCTION, DEPARTMENTAL RESEARCH, STUDENT AID, LIBRARY, ART MUSEUM, RESIDENCE HALLS, DINING, INTERCOLLEGIATE ATHLETICS FOR OVER 3,700 STUDENTS. 164940441 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 1 0 1 0 1 270 3 1 2430 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 25 23 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA CO MD X JEANNE DEMATTEO 9256314123 1928 ST MARYS RD PMB 4200 MORAGA CA 94575 JAMES DONAHUE PRESIDENT 40.00 X X 422164 0 25170 KEVIN NAGLE CHAIR 1.00 X X 0 0 0 ELIZABETH PHELAN SECRETARY 1.00 X X 0 0 0 JOHN M ARNAUDON TRUSTEE 1.00 X 0 0 0 KARL BEUTNER TRUSTEE 1.00 X 0 0 0 KEVIN CASEY EICHLER TRUSTEE 1.00 X 0 0 0 ERIC FLOWERS TRUSTEE 1.00 X 0 0 0 KEVIN FLYNN TRUSTEE 1.00 X 0 0 0 MARGARET FRENCH ISAAC TRUSTEE 1.00 X 0 0 0 BROTHER JAMES GAFFNEY FSC TRUSTEE 1.00 X 0 0 0 LAURA GARCIA TRUSTEE 1.00 X 0 0 0 SHIRLEE GEE TRUSTEE 1.00 X 0 0 0 BROTHER CHARLES HILKEN TRUSTEE/PROFESSOR 40.00 X 0 0 0 BROTHER DONALD JOHANSON TRUSTEE 1.00 X 0 0 0 BROTHER BERNARD LOCOCO TRUSTEE 1.00 X 0 0 0 MARK MADGETT TRUSTEE 1.00 X 0 0 0 TIMOTHY MCCAFFERY TRUSTEE 1.00 X 0 0 0 DENNIS MEISS TRUSTEE 1.00 X 0 0 0 CHARLES MOORE TRUSTEE 1.00 X 0 0 0 JOSEPH MOTTA TRUSTEE 1.00 X 0 0 0 SHARON SANNER MUIR TRUSTEE 1.00 X 0 0 0 BROTHER MICHAEL O'HERN TRUSTEE 1.00 X 0 0 0 BROTHER GUSTAVO RAMIREZ TRUSTEE 1.00 X 0 0 0 KIMBERLY VOGEL TRUSTEE 1.00 X 0 0 0 SONG WOO TRUSTEE 1.00 X 0 0 0 MARGARET KASIMATIS PROVOST SR PROVOST & SR. VICE PRESIDENT FOR ACADEMIC AFFAIRS 40.00 X 324734 0 21668 SUSAN COLLINS VICE PRESIDENT FOR FINANCE & ADMINISTRATION 40.00 X 322387 0 24750 MICHAEL MATOSO VICE PRESIDENT FOR INTERCOLLEGIATE ATHLETICS 40.00 X 310299 0 21864 FRANCES SWEENEY VICE PRESIDENT FOR MISSION 40.00 X 180057 0 16172 MEGAN MUSTAIN VICE PROVOST STUDENT ACADEMICS & DEAN OF CORE 40.00 X 176781 0 14521 JANE CAMARILLO VICE PROVOST FOR STUDENT LIFE 40.00 X 169210 0 15446 CAROLYN OTIS CATANZARO INTERIM VICE PRESIDENT FOR ADVANCEMENT 40.00 X 157971 0 14819 COREY COOK VICE PROVOST FOR ACADEMIC PROGRAMS 40.00 X 99747 0 7793 WILLIAM MULLEN VICE PROVOST FOR ENROLLMENT & COMMUNICATIONS 40.00 X 94414 0 7799 LISA MOORE VICE PRESIDENT FOR ADVANCEMENT 40.00 X 246261 0 21116 SHEILA HUGHES DEAN, SCHOOL OF LIBERAL ARTS 40.00 X 205019 0 18915 LARRY NUTI GENERAL COUNSEL 40.00 X 186795 0 17538 ROY WENSLEY DEAN, SCHOOL OF SCIENCE 40.00 X 171057 0 16059 LAUREN MACDONALD DEAN, ACADEMIC RESOURCES 40.00 X 163467 0 12914 JEANNE DEMATTEO ASSOCIATE VICE PRESIDENT 40.00 X 156766 0 15459 LAURIE PANIAN ASSOCIATE VICE PRESIDENT 40.00 X 155185 0 8368 RANDALL BENNETT HEAD COACH - MEN BASKETBALL 40.00 X 979454 0 38037 SANKARAN VENKATESWAR ASSOCIATE PROFESSOR 40.00 X 226034 0 18618 MARCUS SCHROEDER ASSISTANT COACH - MEN'S BASKETBALL 40.00 X 186005 0 15581 GREGORY MERRILL ASSOCIATE PROFESSOR 40.00 X 178165 0 15187 MARCO APONTE ASSOCIATE PROFESSOR 40.00 X 170007 0 15136 JAMES THOMPSON VICE PROVOST ENROLLMENT&COMMUNICATIONS(FORMER) 40.00 X 117231 0 8323 5399210 0 391253 170 1 1 0 SODEXO INC FOOD SERVICE MANAGEMENT NO 43283 LOS ANGELES CA 90088 CATERING/FOOD SERVICE 4493986 CAL MILL EQUIPMENT 425 CALIFORNIA ST STE 220 SAN FRANCISCO CA 94104 CONSTRUCTION 4149715 ABLE BUILDING MAINTENANCE CO DEPT 34651 PO BOX 39000 SAN FRANCISCO CA 94139 JANITORIAL 2673243 LABOR UNLIMITED INC 4505 DISCOVERY POINT DISCOVERY BAY CA 94505 ELECTRICAL WORK 1017200 SCELC 617 S OLIVE ST STE 1210 LOS ANGELES CA 90014 ONLINE BOOK SERVICES 829652 56 205828 9999452 519751 10205280 TUITION AND FEES 541900 145672154 145672154 AUXILIARY INCOME 611710 17555144 17547479 7665 GRANT AND CONTRACT REVENUE 541900 4660929 4660929 ATHLETICS 711210 1517327 1517327 OTHER PROGRAM SERVICE REVENUE 611710 1435060 1419097 15963 170840614 4283010 100640 4182370 1176600 1176600 241440 8797 232643 232643 232643 66181579 58356222 7825357 7825357 7825357 258527 205828 120603 137924 137924 58175 0 58175 58175 194759603 170816986 124268 13613069 58460463 58460463 2836368 976571 1563605 296192 63823845 53361118 8837223 1625504 3802067 3178789 526445 96833 10118148 8696220 1127492 294436 4642046 3881070 642750 118226 313942 313942 143825 143825 1012196 1012196 9653728 8922341 633071 98316 1513269 1059580 366631 87058 1295178 803636 376172 115370 3856593 1730181 2124802 1610 6179801 5527328 644050 8423 4447310 4233180 178446 35684 2667415 2099266 568149 7647308 6638667 1008641 1835164 1294469 540695 MISCELLANEOUS 4573775 4077562 386145 110068 188822441 164940441 20994280 2887720 13124213 14631575 8845764 7008256 2937839 2363844 1485978 1067979 1958791 1706620 263832351 135595980 128318638 128236371 180976614 167128613 11762376 23883230 390423 391895 349800636 346418383 8649198 9991173 5838406 8127209 55992558 54635855 105000 0 24172775 27614795 94757937 100369032 X 97955238 92093473 157087461 153955878 255042699 246049351 349800636 346418383 X 5937162 -7629056 -7301454 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 181276465 2869687 3245367 9000074 178391445 179958859 2235243 7579481 8497118 181276465 176881118 2343267 10653460 7518987 2500000 179958859 162260055 3244347 21619403 7742687 2500000 176881118 167804707 1394074 655432 7594158 162260055 0.23000 0.61000 0.16000 0 0 1336000 1336000 219340465 111179700 108160765 18183307 8946038 9237269 20555360 15470242 5085118 4417219 4417219 128236371 REAL ESTATE 1772258 F INVESTMENTS IN PARTNERSHIPS 22110972 F 23883230 FEDERAL GOVERNMENT GRANTS REFUNDABLE 1252880 LIABILITY UNDER TRUST AGREEMENTS 1991887 ASSET RETIREMENT OBLIGATIONS 2586169 POST RETIREMENT BENEFITS PAYABLE 1240882 INTEREST RATE SWAP PAYABLE 20542977 27614795 X 121617000 -7629056 -64501351 -72130407 193747407 1012196 1012196 194759603 130611000 0 130611000 1012196 57199245 58211441 188822441 PART III, LINE 1A: CONTRIBUTIONS OF WORKS OF ART, HISTORICAL TREASURES AND SIMILAR ASSETS HELD AS PART OF A COLLECTION FOR EDUCATION, RESEARCH, OR PUBLIC EXHIBITION RATHER THAN FOR SALE, ARE NOT RECOGNIZED OR CAPITALIZED. SIGNIFICANT CONTRIBUTIONS OF WORKS OF ART, HISTORICAL TREASURES, AND SIMILAR ASSETS NOT HELD AS A PART OF A COLLECTION ARE RECORDED AS REVENUE AND ASSETS AT THEIR ESTIMATED FAIR VALUE AT THE DATE OF RECEIPT BASED UPON APPRAISALS OR SIMILAR VALUATIONS. PART III, LINE 4: THE MUSEUM'S MISSION IS TO PLAY A LEADING ROLE AT SAINT MARY'S COLLEGE IN ADVANCING ACADEMIC EXCELLENCE IN AND GREATER COLLABORATION WITH THE ARTS THROUGH DEEP ENGAGEMENT AMONG OUR STUDENTS, FACULTY, STAFF, ALUMNI, DONORS, MEMBERS, AND THE GREATER BAY AREA ARTS COMMUNITY. PART V, LINE 4: THE INTENDED USES FOR THE COLLEGE'S ENDOWMENT FUNDS INCLUDE SCHOLARSHIPS, SUPPORT OF ACADEMIC PROGRAMS, AND FACULTY DEVELOPMENT. PART X, LINE 2: THE COLLEGE QUALIFIES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXATION ON RELATED SOURCES OF INCOME. THE COLLEGE IS, HOWEVER, SUBJECT TO FEDERAL AND STATE INCOME TAX ON UNRELATED BUSINESS INCOME AND AN APPROPRIATE PROVISION FOR ANY SUCH TAXES IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE COLLEGE 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 COLLEGE FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2020 AND 2019. THE COLLEGE'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURNS FOR FISCAL 2017 AND THERAFTER ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: ACTUARIAL ADJUSTMENT -115,420. UNREALIZED GAIN/LOSS ON INTEREST RATE EXCHANGE -5,486,034. FINANCIAL AID AWARDS -57,197,594. SETTLEMENT EXPENSES -1,700,000. ROUNDING -2,303. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AWARDS 57,197,594. ROUNDING 1,651. 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 COLLEGE REGULARLY ADVERTISES ITS PROGRAMS AND POSITIONS AVAILABLE AT THE COLLEGE IN NEWSPAPERS. THESE ADVERTISEMENTS ALWAYS CONTAIN LANGUAGE PUBLICIZING OUR RACIAL NONDISCRIMINATION POLICY. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES SUPPORT FROM THE UNITED STATES DEPARTMENT OF EDUCATION IN CONNECTION WITH STUDENT AID PROGRAMS UNDER TITLE IV (FEDERAL WORK STUDY, PELL GRANTS, SEOG) AS WELL AS NATIONAL SCIENCE AND MATHEMATICAL ACCESS TO RETAIN TALENT GRANTS, ACADEMIC COMPETITIVENESS GRANTS, AND PERKINS LOANS. NORTH AMERICA 0 0 PROGRAM SERVICES TRAVEL EXPENSES FOR STUDY ABROAD PROGRAM 112441 SOUTH AMERICA 0 0 PROGRAM SERVICES TRAVEL EXPENSES FOR STUDY ABROAD PROGRAM 24434 EAST ASIA & THE PACIFIC 0 0 PROGRAM SERVICES TRAVEL EXPENSES FOR STUDY ABROAD PROGRAM 189047 EUROPE 0 0 PROGRAM SERVICES TUITION, HOUSING, AND TRAVEL EXPENSES FOR STUDY ABROAD PROGRAM 397954 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES TRAVEL EXPENSES FOR STUDY ABROAD PROGRAM 9187 SOUTH ASIA 0 0 PROGRAM SERVICES TRAVEL EXPENSES FOR STUDY ABROAD PROGRAM 118084 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA, FASO, 0 0 PROGRAM SERVICES TRAVEL EXPENSES FOR STUDY ABROAD PROGRAM 43758 0 0 0 0 0 0 894905 0 894905 1 0 0 1 1 0 PART I, LINE 3: ACCRUAL PART III ACCOUNTING METHOD: SCHEDULE F, PART IV, LINE 4 THE COLLEGE INVESTS IN LIMITED PARTNERSHIPS. SOME OF THESE PARTNERSHIPS HAVE INDICATED TO THE COLLEGE THAT THEY HAVE INVESTED IN PASSIVE FOREIGN INVESTMENT COMPANIES. HOWEVER, EITHER THE PARTNERSHIPS HAVE FILED THE REQUIRED FORM 8621, OR THE PFIC'S DID NOT GENERATE ANY UNRELATED BUSINESS INCOME. UNDER THESE FACTS THE COLLEGE IS NOT REQUIRED TO FILE FORM 8621. X X X X X X X 0 CA AK AL AR GA HI KS KY LA ME MN MO MS NH NJ NM NC ND OH OK PA RI SC TN UT WI WV DE ID IN IA MT NE NV SD TX VT CT WY IL OR AZ PAT VINCENT DINNER 171030 141345 29685 0 579 882 15778 4575 FIRST PITCH DINNER 77655 22270 55385 0 4373 16845 4552 7 215670 42213 173457 0 7630 3308 38242 8708 15131 464355 205828 258527 12582 4190 70865 8708 24258 120603 137924 58175 0 58175 58175 CA 0 THE ORGANIZATION IS EXEMPT FROM REGISTRATION PER CALIFORNIA STATE LAW. 0 0 0 1.00000 0.00000 SUSAN HOOKS 1928 ST MARYS ROAD PMB 3554 MORAGA CA 94575 0 SUSAN HOOKS 0 PART OF HER ROLE AS ASSISTANT CONTROLLER FOR THE COLLEGE, S. HOOKS OVERSEES THE ACCOUNTING OF THE GAMING EVENTS HELD BY THE COLLEGE ADVANCEMENT OFFICE. X 0 1 STUDENT SCHOLARSHIPS 2641 57197594 0 N/A N/A EMERGENCY GRANTS TO STUDENTS 2708 1262869 0 N/A N/A PART I, LINE 2: THE COLLEGE'S FINANCIAL AID OFFICE HAS A SET OF CRITERIA BY WHICH COLLEGE AID IS AWARDED TO STUDENTS. THE FINANCIAL AID OFFICE MAINTAINS RECORDS OF ALL STUDENT AID AWARDED AND SUBSTANTIATION FOR THE AWARDS. 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 0 X X X 1 0 0 0 0 0 0 0 0 JAMES DONAHUE PRESIDENT 368021 0 0 0 54143 0 0 0 25170 0 447334 0 18847 0 MARGARET KASIMATIS PROVOST SR PROVOST & SR. VICE PRESIDENT FOR ACA 310978 0 0 0 13756 0 0 0 21668 0 346402 0 18804 0 SUSAN COLLINS VICE PRESIDENT FOR FINANCE & ADMINIS 303128 0 0 0 19259 0 0 0 24750 0 347137 0 21438 0 MICHAEL MATOSO VICE PRESIDENT FOR INTERCOLLEGIATE A 235453 0 37500 0 37346 0 0 0 21864 0 332163 0 40103 0 FRANCES SWEENEY VICE PRESIDENT FOR MISSION 179241 0 0 0 816 0 0 0 16172 0 196229 0 9208 0 MEGAN MUSTAIN VICE PROVOST STUDENT ACADEMICS & DEA 176661 0 0 0 120 0 0 0 14521 0 191302 0 17438 0 JANE CAMARILLO VICE PROVOST FOR STUDENT LIFE 168418 0 0 0 792 0 0 0 15446 0 184656 0 15075 0 CAROLYN OTIS CATANZARO INTERIM VICE PRESIDENT FOR ADVANCEME 157695 0 0 0 276 0 0 0 14819 0 172790 0 25013 0 LISA MOORE VICE PRESIDENT FOR ADVANCEMENT 239241 0 0 0 7020 0 0 0 21116 0 267377 0 9497 0 SHEILA HUGHES DEAN, SCHOOL OF LIBERAL ARTS 204743 0 0 0 276 0 0 0 18915 0 223934 0 28259 0 LARRY NUTI GENERAL COUNSEL 185679 0 0 0 1116 0 0 0 17538 0 204333 0 34289 0 ROY WENSLEY DEAN, SCHOOL OF SCIENCE 170265 0 0 0 792 0 0 0 16059 0 187116 0 25311 0 LAUREN MACDONALD DEAN, ACADEMIC RESOURCES 140971 0 0 0 22496 0 0 0 12914 0 176381 0 9133 0 JEANNE DEMATTEO ASSOCIATE VICE PRESIDENT 156200 0 0 0 566 0 0 0 15459 0 172225 0 40841 0 LAURIE PANIAN ASSOCIATE VICE PRESIDENT 154019 0 0 0 1166 0 0 0 8368 0 163553 0 26907 0 RANDALL BENNETT HEAD COACH - MEN BASKETBALL 865330 0 5000 0 109124 0 0 0 38037 0 1017491 0 40653 0 SANKARAN VENKATESWAR ASSOCIATE PROFESSOR 130613 0 0 0 95421 0 0 0 18618 0 244652 0 7656 0 MARCUS SCHROEDER ASSISTANT COACH - MEN'S BASKETBALL 160100 0 5000 0 20905 0 0 0 15581 0 201586 0 22661 0 GREGORY MERRILL ASSOCIATE PROFESSOR 127038 0 0 0 51127 0 0 0 15187 0 193352 0 1432 0 MARCO APONTE ASSOCIATE PROFESSOR 106670 0 0 0 63337 0 0 0 15136 0 185143 0 18338 0 JAMES THOMPSON VICE PROVOST ENROLLMENT&COMMUNICATIO 116535 0 0 0 696 0 0 0 8323 0 125554 0 1214 0 PART I, LINE 1A THE COLLEGE PROVIDED HOUSING ALLOWANCES TO THREE PERSONS LISTED ON FORM 990, PART VII, SECTION A, LINE 1A. THE THREE PERSONS INCLUDE JAMES DONAHUE, MICHAEL MATOSO, AND COREY COOK. THESE AMOUNTS ARE REFLECTED IN COLUMN (B)(III) OF SCHEDULE J, PART II. PART I, LINE 4A LISA MOORE RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $42,924.46 DURING THE FISCAL YEAR. IT WILL BE REPORTED IN SCHEDULE J, PART II, COLUMN (B)III OF THE 2020 FORM 990, SCHEDULE J. A CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 130178J98 2019-10-02 56275000 SEE SCHEDULE K, PART VI 1 1 0 A 56275000 56275000 2009 1 0 1 1 A 0 0 1 1 0 0 0 1 A 0 0 0 1 1 1 BANK OF NY MELLON 23.000000000000 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 10/26/2011 SCHEDULE K, PART I, A: TAX DETERMINED RE-ISSUANCE OF SERIES 2007 BONDS. SCHEDULE K, PART IV, 2C: THE REBATE CALCULATION WAS MADE OCTOBER 26, 2011 AND DETERMINED THAT THERE WAS NO LIABILITY. IN THE SUBSEQUENT 'TAX DETERMINED RE-ISSUANCES", NO ADDITIONAL PROCEEDS HAVE BEEN RECEIVED, SO THIS REPORT IS THE FINAL REPORT FOR THE REBATE CALCULATION. SUBSTANTIAL CONTRIBUTOR SUBSTANTIAL CONTRIBUTOR 534863 BROTHER DONALD JOHANSON SERVES AS PRESIDENT OF THE DE LA SALLE INSTITUTE AND BY RIGHT OF OFFICE IS A MEMBER OF SAINT MARY'S COLLEGE OF CALIFORNIA'S BOARD OF TRUSTEES. THE COLLEGE REMITS PAYMENTS TO THE DE LA SALLE INSTITUTE FOR THE SUPPORT OF THE BROTHERS ASSIGNED TO THE COLLEGE, AS WELL AS A SOLIDARITY ASSESSMENT MADE ANNUALLY TO SUPPORT THE PROGRAMS OF THE DE LA SALLE INSTITUTE. BROTHER CHARLES HILKEN IS ALSO A MEMBER OF THE SF/NO DISTRICT AND IS A TRUSTEE, AS WELL AS BEING ASSIGNED TO THE COLLEGE AS A FACULTY MEMBER. 0 X 6 0 INDEPENDENT APPRAISAL X 15 519751 FAIR MARKET VALUE 3 0 1 0 PART I, COLUMN (B): COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. PART I, LINE 33: THE COLLEGE'S ON-CAMPUS ART GALLERY RECEIVED SIX SEPARATE GIFTS OF ART FOR WHICH ZERO REVENUE WAS REPORTED ON THE FORM 990. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THE FOLLOWING MEMBERS OF THE BOARD OF TRUSTEES: THE CHAIRPERSON OF THE BOARD, THE CHAIRPERSON OF EACH STANDING COMMITTEE, THE PRESIDENT, THE SECRETARY, THE BROTHER VISITOR AND THE PAST CHAIRPERSON(S) OF THE BOARD WHILE STILL SERVING AS A TRUSTEE. THE COMMITTEE MAY HAVE STAFF RESOURCES AS WILL BE HELPFUL TO THE COMMITTEE AS DETERMINED BY THE CHAIRPERSON OF THE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL EXERCISE THE FULL POWER OF THE BOARD IN THE EVENT OF EMERGENCY OR EXIGENT CIRCUMSTANCE(S), AS DETERMINED BY A MAJORITY OF THE MEMBERS OF THE EXECUTIVE COMMITTEE IN CONSULTATION WITH OR AT THE REQUEST OF THE PRESIDENT. ADDITIONALLY, ASSURING THE VITALITY OF THE MISSION OF THE COLLEGE IN THE AREA OF EXECUTIVE OVERSIGHT AS OUTLINED IN THE BYLAWS. FORM 990, PART VI, SECTION A, LINE 6 THE GOVERNANCE OF THE COLLEGE PER ARTICLE 3 OF THE BYLAWS IS DELEGATED TO THE BOARD OF TRUSTEES WHICH CONSISTS OF 25 VOTING PERSONS. THE COLLEGE DOES HAVE MEMBERS, WHOSE RIGHTS ARE OUTLINED IN PART VI, SECTION A, LINE 7B. FORM 990, PART VI, SECTION A, LINE 7A BY RIGHT OF OFFICE, THE BROTHER VISITOR AND THE PRESIDENT OF THE COLLEGE SHALL BE BOTH MEMBERS AND TRUSTEES, IF THEY ARE BROTHERS OF THE CHRISTIAN SCHOOLS. FORM 990, PART VI, SECTION A, LINE 7B THE POWERS OF THE MEMBERS ARE TO CONSENT TO THE AMENDMENT OF THE CORPORATION'S ARTICLES, REPEAL THE BYLAWS, CONSENT TO ANY AMENDMENTS TO THE BYLAWS WHICH ADVERSELY AFFECT THE RIGHTS OF THE MEMBERS, CONSENT TO THE DISSOLUTION OF THE CORPORATION, CONSENT TO THE MERGER OR SALE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES MEETS EACH JANUARY AND/OR FEBRUARY TO REVIEW THE FORM 990 THAT HAS BEEN GENERATED BY MANAGEMENT AND REVIEWED BY THE COLLEGE'S OUTSIDE AUDITORS. THE FORM 990 IS ALSO POSTED ON THE BOARD OF TRUSTEES' SECURED WEBSITE FOR ALL TRUSTEES TO REVIEW IN TIME FOR THEIR AUDIT COMMITTEE MEETING. THE COLLEGE THEN FILES THE FORM 990 AFTER THIS REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE'S CONFLICT OF INTEREST POLICY SHALL APPLY TO ANY TRANSACTION OR ARRANGEMENT WITH AN INTERESTED PERSON. INTERESTED PERSON MEANS A COVERED PERSON WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST. COVERED PERSONS INCLUDES EACH TRUSTEE, OFFICER, MEMBER OF THE PRESIDENT'S CABINET, HIGHLY COMPENSATED EMPLOYEE, SUBSTANTIAL CONTRIBUTOR, ADVISOR APPOINTED BY A DONOR TO A SPECIFIC PROJECT OR FUND, ANY MEMBER OF A STANDING COMMITTEE OF THE BOARD, AND AN ACADEMIC DEAN. THE BOARD SHALL REQUIRE EACH INTERESTED PERSON TO DISCLOSE ANNUALLY ANY FINANCIAL INTEREST IN THE COLLEGE AND ALL MATERIAL FACTS RELATED THERETO. THE ANNUAL DISCLOSURE STATEMENTS ARE SUBMITTED TO THE AUDIT COMMITTEE AND THE EXECUTIVE COMMITTEE OF THE BOARD. AS SOON AS PRACTICABLE AFTER DETERMINING THAT A POTENTIAL CONFLICT OF INTEREST EXISTS, THE BOARD SHALL DELIBERATE THE MATTER, AND THE POTENTIALLY INTERESTED PERSON, AFTER SUPPLYING SUCH INFORMATION AS THE BOARD SHALL REQUEST, SHALL RECUSE HIMSELF OR HERSELF. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY REVIEWS AND RECOMMENDS COMPENSATION FOR THE PRESIDENT AND VICE PRESIDENT FOR FINANCE AND ADMINISTRATION. THE ANNUAL REVIEW PROCESS CONDUCTED BY THE EXECUTIVE COMMITTEE INCLUDES SALARY AND BENEFITS DATA FOR SIMILAR POSITIONS AT THE OTHER SIMILAR PRIVATE COLLEGES AND UNIVERSITIES IN THE STATE OF CALIFORNIA. THIS DATA IS INDEPENDENTLY GATHERED BY CUPA (COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION). THE COMPENSATION FOR ALL OTHER STAFF IS BASED UPON THE COLLEGE'S COMPENSATION SYSTEM THAT HAS DEVELOPED SALARY GRADES THAT INCLUDE COMPARABLE JOBS, WITH SALARY RANGES BENCHMARKED COMPETITIVELY WITH SALARY SURVEY DATA FROM SIMILAR INSTITUTIONS IN THE STATE OF CALIFORNIA. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE'S FINANCIAL STATEMENTS AND PUBLIC VERSION OF FORM 990 ARE AVAILABLE ON THE COLLEGE'S WEBSITE. THE ARTICLES OF INCORPORATION ARE AVAILABLE THROUGH THE SECRETARY OF STATE. THE COLLEGE'S CONFLICT OF INTEREST POLICY IS PUBLISHED IN THE STAFF HANDBOOK, WHICH IS MADE AVAILABLE TO EMPLOYEES. FORM 990, PART XI, LINE 9: NET UNREALIZED LOSS ON INTEREST RATE EXCHANGE -5,486,034. ACTUARIAL ADJUSTMENT -115,420. SETTLEMENT EXPENSES -1,700,000. EMPLOYER CONTRIBUTION VEBA TRUST FOR ST MARY'S COLLEGE OF CA 1928 SAINT MARYS ROAD MORAGA CA 94575 047025792 VEBA TRUST CA 501(C)(9) N/A 0 EMPLOYEE AFTER-TAX CONTRIBUTION VEBA TRUST FOR SAINT MARY'S COLLEGE OF CA 1928 SAINT MARYS ROAD MORAGA CA 94575 047025791 VEBA TRUST CA 501(C)(9) N/A 0 CHARITABLE REMAINDER ANNUITY TRUST (1) TRUST CA N/A T 1 CHARITABLE REMAINDER UNITRUST (1) TRUST CA N/A T 1 POOLED INCOME FUND (1) POOLED INVESTMENT FUND CA N/A T 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 EMPLOYERS-CONTRIBUTION VEBA TRUST FOR ST MARY'S COLLEGE OF CALIFORNIA B 680039 CASH CONTRIBUTIONS