2021-01-11T08:08:24-06:00 2020-05-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2019-06-01 410694721 AUGSBURG UNIVERSITY AUGS 6123301000 2211 RIVERSIDE AVENUE MINNEAPOLIS MN 554541351 REBECCA JOHN VICE PRESIDENT AND COO 6123301000 2020-12-11 1 KAREN GRIES P00078514 6123764500 2020-12-11 2019 2022-09-23 18:48:47Z REBECCA JOHN 2211 RIVERSIDE AVENUE MINNEAPOLIS MN 554541351 135258719 0 X WWW.AUGSBURG.EDU X 1872 MN A PRIVATE LUTHERAN FOUR-YEAR UNIVERSITY LOCATED IN DOWNTOWN MINNEAPOLIS. 36 35 1922 36 256556 174586 10759814 17266009 107380537 112728371 1464430 1083524 44887 -91986 119649668 130985918 41937301 46831800 0 0 50501095 53921415 0 0 2688666 30422783 31247083 122861179 132000298 -3211511 -1014380 211415544 209465774 85629748 83758455 125785796 125707319 X AUGSBURG UNIVERSITY EDUCATES STUDENTS TO BE INFORMED CITIZENS, THOUGHTFUL STEWARDS, CRITICAL THINKERS, AND RESPONSIBLE LEADERS.THE AUGSBURG EXPERIENCE IS SUPPORTED BY AN ENGAGED COMMUNITY THAT IS COMMITTED TO INTENTIONAL DIVERSITY IN ITS LIFE AND WORK. AN AUGSBURG EDUCATION IS DEFINED BY EXCELLENCE IN THE LIBERAL ARTS AND PROFESSIONAL STUDIES, GUIDED BY THE FAITH AND VALUES OF THE LUTHERAN CHURCH, AND SHAPED BY ITS URBAN AND GLOBAL SETTINGS. 0 0 85852779 46831800 100022650 POSTSECONDARY EDUCATIONSET IN A VIBRANT NEIGHBORHOOD NEAR DOWNTOWN MINNEAPOLIS, AUGSBURG UNIVERSITY OFFERS MORE THAN 50 UNDERGRADUATE MAJORS AND 11 GRADUATE DEGREES TO NEARLY 3,400 STUDENTS OF DIVERSE BACKGROUNDS. THE TRADEMARKS OF AN AUGSBURG EDUCATION ARE AN EMPHASIS ON DIRECT, PERSONAL EXPERIENCE, AND A DEEP COMMITMENT TO EDUCATING STUDENTS AT THE INTERSECTIONS OF FAITH, LEARNING, AND SERVICE. AUGSBURG IS RECOGNIZED AS ONE OF THE COUNTRY'S LEADING INSTITUTIONS FOR COMMUNITY ENGAGEMENT AND RANKS AMONG THE TOP PRODUCERS OF NATIONAL AND INTERNATIONAL STUDENT FELLOWSHIP AWARDEES, INCLUDING FULBRIGHT AND GOLDWATER SCHOLARS. INTENTIONAL DIVERSITY IS A KEY FOCUS OF AUGSBURG'S WORK AND COMMUNITY. IN 2019, THE UNIVERSITY WAS NAMED A MILITARY FRIENDLY SCHOOL AS WELL AS A TOP 25 LGBTQ FRIENDLY COLLEGE. IN 2020, AUGSBURG WAS NAMED AMONG THE INAUGURAL RECIPIENTS OF CAMPUS COMPACT'S AWARD FOR INSTITUTIONAL TRANSFORMATION. GUIDED BY THE FAITH AND VALUES OF THE LUTHERAN CHURCH, AUGSBURG DEMONSTRATES EXCELLENCE IN THE LIBERAL ARTS AND PROFESSIONAL STUDIES AND EDUCATES STUDENTS TO BE INFORMED CITIZENS, THOUGHTFUL STEWARDS, CRITICAL THINKERS, AND RESPONSIBLE LEADERS. 25177082 0 3164751 ACADEMIC SUPPORT AND STUDENT SERVICESAUGSBURG UNIVERSITY PROVIDES INNOVATIVE PROGRAMMING AND SUPPORT SERVICES TO A DIVERSE COMMUNITY OF NEARLY 3,400 UNDERGRADUATE AND GRADUATE LEARNERS. THE GAGE CENTER FOR STUDENT SUCCESS PROVIDES ADVISING, TUTORING, AND OTHER ACADEMIC SUPPORT SERVICES TO ALL UNDERGRADUATE AND GRADUATE STUDENTS. THE GAGE CENTER INCLUDES THE CENTER FOR LEARNING AND ACCESSIBLE STUDENT SERVICES, ACADEMIC SPECIALISTS WHO PROVIDE INDIVIDUALIZED ACCOMMODATIONS FOR STUDENTS WITH COGNITIVE, LEARNING, AND PHYSICAL DISABILITIES. THE GAGE CENTER ALSO OFFERS SUPPORT PROGRAMS FOR FIRST-GENERATION AND LOW-INCOME STUDENTS. IN ADDITION, STEPUP- AUGSBURG'S INNOVATIVE, NATIONALLY RECOGNIZED RESIDENTIAL COLLEGE RECOVERY PROGRAM- SUPPORTS 70-100 STUDENTS EACH YEAR WITH COUNSELING, SUBSTANCE-FREE HOUSING, AND LEADERSHIP DEVELOPMENT. FINALLY, THROUGH THE INTEGRATED SERVICES OF THE ENROLLMENT CENTER, STUDENTS AND FAMILIES CAN RECEIVE COUNSELING AND SUPPORT WITH TUITION PAYMENT PLANS, SCHOLARSHIPS, FINANCIAL AID, AND REGISTRATION. 7761147 0 9460000 AUXILIARY SERVICESAUGSBURG UNIVERSITY'S RESIDENCE LIFE PROGRAM SEEKS TO DEVELOP RESIDENTS WHO ARE BOTH STUDENTS AND NEIGHBORS IN AN URBAN COLLEGIATE SETTING. THE UNIVERSITY HAS FIVE RESIDENCE HALLS AND FOUR DINING VENUES. DURING FALL 2019, AUGSBURG WAS HOME TO 955 STUDENTS, WITH 820 PARTICIPATING IN STUDENT MEAL PLANS. AUGSBURG'S DINING SERVICES PROVIDE A WIDE VARIETY OF MEALS THAT MEET NUTRITIONAL AND CULTURAL REQUIREMENTS AND EDUCATE STUDENTS ABOUT NUTRITION AND SUSTAINABLE FOOD PRACTICES. A CAMPUS BOOKSTORE OFFERS A VARIETY OF GOODS FOR STUDENTS, FACULTY, STAFF, AND THE GENERAL PUBLIC. 118791008 1 1 0 1 0 0 0 0 1 1 1 1 0 0 1 1 1 0 1 1 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 X 517 0 1922 1 1 1 1 MX GT ES NU WA 0 0 0 1 1 0 0 0 0 0 0 X 36 35 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 MN X JOHN COSKRAN 6123301032 2211 RIVERSIDE AVENUE MINNEAPOLIS MN 554541351 PAUL PRIBBENOW PRESIDENT 40.00 X X 343657 0 116986 KAREN KAIVOLA PROVOST AND CHIEF ACADEMIC OFFICER 40.00 X 226514 0 21254 ROBERT GOULD VICE PRESIDENT FOR STRATEGIC ENROLLMENT MANAGEMENT 40.00 X 209521 0 21623 BETH REISSENWEBER VICE PRESIDENT FOR FINANCE AND ADMINISTRATION, CFO 40.00 X 192998 0 22952 LEIF ANDERSON VICE PRESIDENT AND CHIEF STRATEGY OFFICER 40.00 X 168127 0 25901 REBECCA JOHN VICE PRESIDENT AND COO 40.00 X 171220 0 18954 HEATHER RIDDLE VICE PRESIDENT OF INSTITUTIONAL ADVANCEMENT 40.00 X 177583 0 6545 ANN GARVEY VICE PRESIDENT OF STUDENT AFFAIRS 40.00 X 145790 0 15861 MONICA DEVERS DEAN OF PROFESSIONAL STUDIES 40.00 X 140295 0 10947 AMY ALKIRE ASSISTANT VICE PRESIDENT, INSTITUTIONAL ADVANCEMEN 40.00 X 126127 0 23058 MATT ENTENZA CHAIR 2.00 X X 0 0 0 DAVID TIEDE VICE CHAIR 2.00 X X 0 0 0 MARK EUSTIS TREASURER 2.00 X X 0 0 0 KAREN DURANT SECRETARY 2.00 X X 0 0 0 ANDRA ADOLFSON REGENT 2.00 X 0 0 0 ANN ASHTON-PIPER REGENT 2.00 X 0 0 0 STEVEN DELZER REGENT 2.00 X 0 0 0 NANCY MUELLER REGENT 2.00 X 0 0 0 JEFFERY NODLAND REGENT 2.00 X 0 0 0 NICHOLAS GANGESTAD REGENT 2.00 X 0 0 0 ALEXANDER GONZALEZ REGENT 2.00 X 0 0 0 MARK JOHNSON REGENT 2.00 X 0 0 0 TERRY LINDSTROM REGENT 2.00 X 0 0 0 AMIT GHOSH REGENT 2.00 X 0 0 0 SYLVIA BARTLEY REGENT 2.00 X 0 0 0 DIANE JACOBSON REGENT 2.00 X 0 0 0 ERIC JOLLY REGENT 2.00 X 0 0 0 CYNTHIA JONES REGENT 2.00 X 0 0 0 DEAN KENNEDY REGENT 2.00 X 0 0 0 TOBY LABELLE REGENT 2.00 X 0 0 0 LAJUNE LANGE REGENT 2.00 X 0 0 0 STEVE LARSON REGENT 2.00 X 0 0 0 ELLEN EWALD REGENT 2.00 X 0 0 0 PATRICIA LULL REGENT 2.00 X 0 0 0 DENNIS MEYER REGENT 2.00 X 0 0 0 PAM MOKSNES REGENT 2.00 X 0 0 0 REGINA HASSANALLY REGENT 2.00 X 0 0 0 MARLENE WHITERABBIT HELGEMO REGENT 2.00 X 0 0 0 JOHN O'BRIEN REGENT 2.00 X 0 0 0 DEAN SUNDQUIST REGENT 2.00 X 0 0 0 ROLF JACOBSON REGENT 2.00 X 0 0 0 VICKI TURNQUIST REGENT 2.00 X 0 0 0 JOHN SCHWARTZ REGENT 2.00 X 0 0 0 WAYNE JORGENSON REGENT 2.00 X 0 0 0 MARK WILHELM REGENT 2.00 X 0 0 0 RACHEL PRINGNITZ REGENT 2.00 X 0 0 0 JILL THOMAS REGENT 2.00 X 0 0 0 KAROLYNN LESTRUD REGENT 2.00 X 0 0 0 NOYA WOODRICH REGENT 2.00 X 0 0 0 1901832 0 284081 29 0 1 0 A'VIANDS PO BOX 743357 ATLANTA GA 30374 FOOD SERVICE 2119617 AP MIDWEST LLC 5500 WAYZATA BLVD SUITE 600 MINNEAPOLIS MN 55416 CONSTRUCTION 1896941 BARNES & NOBLE COLLEGE 120 MOUNTAINVIEW BLVD BASKING RIDGE NJ 07920 BOOKSTORE PROVIDER 614861 LOFFLER COMPANIES 1101 E 78TH ST 200 BLOOMINGTON MN 55420 COPIERS & PRINTERS 320963 METROPOLITAN MECHANICAL CONTRACTORS 7450 FLYING CLOUD DRIVE EDEN PRAIRIE MN 55344 MECHANICAL SERVICE 289940 25 3040202 5740272 8485535 1989713 17266009 TUITION AND FEES 611710 100022650 100022650 AUXILIARY ENTERPRISES 711210 9460000 9460000 OTHER STUDENT SERVICES 900099 3032628 2951658 80970 EDUCATIONAL ACTIVITIES 611710 213093 213093 112728371 534174 534174 719480 543894 175586 175586 175586 3823845 3256569 17926 567276 -17926 549350 549350 186840 3040202 454412 -267572 -267572 130985918 112647401 256556 815952 46831800 46831800 1308747 246921 863017 198809 44169988 39290588 2998254 1881146 2009390 1795864 127833 85693 3450724 3011040 285913 153771 2982566 2599014 249815 133737 301065 301065 81517 81517 161933 161933 6841334 5016128 1811097 14109 435907 239192 180274 16441 1891408 1830477 60931 1490595 1293205 196554 836 4576120 4515431 60060 629 2078285 1633001 282203 163081 1642758 965104 677654 2493269 2243964 249305 5874364 5267404 604761 2199 763575 763575 DUES AND FEES 979521 618435 328069 33017 BAD DEBTS 802682 802682 REFERENCE MATERIALS 443695 430709 7788 5198 EMPLOYEE TRAINING/RECRT 123767 15435 108332 265288 183721 81567 132000298 118791008 10520624 2688666 6707313 7438400 6407624 4637434 3289176 5193728 9618336 5554734 423029 444431 5042493 3969342 28273 12945 1167721 1029090 191702107 71769882 121922656 119932225 31197179 33105814 20032686 21479937 5579058 6667694 211415544 209465774 7486535 8009993 7356074 7627874 63542619 60921618 1091982 96877 6152538 7102093 85629748 83758455 X 68933124 64349161 56852672 61358158 125785796 125707319 211415544 209465774 X -1014380 1186346 -250443 X 0 1 X 1 1 1 X 28456184 12419724 11714004 10759814 17266009 80615735 28456184 12419724 11714004 10759814 17266009 80615735 14469165 66146570 265671 1225499 1125008 1063524 534174 4213876 84829611 526169187 0.77980 0.75920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 1 147186 147186 0 PART II-B, LINE 1: AUGSBURG UNIVERSITY IS A MEMBER OF THE MINNESOTA PRIVATE COLLEGE COUNCIL (MPCC). ACTIVITIES CONDUCTED BY THE MPCC INCLUDE ALL PUBLIC RELATIONS AND ADVOCACY WORK, LEGISLATIVE LOBBYING, SERVING AS A FISCAL AGENT IN LIMITED CIRCUMSTANCES, CONDUCTING RESEARCH, AND PROVIDING A VEHICLE FOR COLLABORATION OF MEMBER INSTITUTIONS. ADDITIONAL ACTIVITIES PROVIDED FOR BY THE ORGANIZATION INCLUDE HANDLING ALL SHARED FUNDRAISING FOR THE BENEFIT OF THE MEMBERS, RECEIVING GRANTS FOR AND CARRYING OUT SPECIAL PROJECTS, AND PROVIDING A VEHICLE FOR COLLABORATION AMONG THE MEMBER INSTITUTIONS. A PORTION OF THIS AMOUNT, BUT NOT ALL OF IT, SUPPORTED ATTEMPTS TO INFLUENCE LEGISLATION WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("LOBBYING"). THE AMOUNT OF LOBBYING EXPENSES PAID FROM AUGSBURG UNIVERSITY'S DUES WAS SIGNIFICANTLY LESS THAN THAT AMOUNT. 0 1 X 50785630 3303596 2083857 1915704 123487 54133892 48219731 3040969 1407901 1743927 139044 50785630 43878362 2153730 4227658 1586233 128803 324983 48219731 39412669 1360310 4641966 1661460 -124877 43878362 40463556 1639418 -1307331 1364011 137241 -118278 39412669 0.00800 0.99200 0.00000 1 0 3960439 3960439 129965430 37651276 92314154 38891176 23028400 15862776 16523945 10192078 6331867 2361117 898128 1462989 119932225 ALTERNATIVE INVESTMENTS 21400558 F CSV LIFE INSURANCE 79379 F 21479937 ANNUITIES PAYABLE 332231 U.S. GOVERNMENT GRANTS REFUNDABLE 4310123 PV CAPITAL LEASE OBLIGATIONS 614568 ENVIROMENTAL REMEDIATION 610160 OPERATING LEASE OBLIGATIONS 1235011 7102093 X 80256522 1186346 911611 2097957 78158565 52827353 52827353 130985918 86166804 998306 998306 85168498 46831800 46831800 132000298 PART IV, LINE 2B: FUNDS HELD IN CUSTODY FOR OTHERS RELATES TO AGENCY FUNDS THAT AUGSBURG UNIVERSITY HELPS TO ADMINISTER. THERE ARE APPROXIMATELY 11 AGENCIES THAT AUGSBURG UNIVERSITY CURRENTLY WORKS WITH IN THIS TYPE OF RELATIONSHIP. PART V, LINE 4: THE UNIVERSITY ENDOWMENT CONSISTS OF APPROXIMATELY 360 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES BASED ON DONOR RESTRICTIONS AND BOARD DESIGNATIONS. PART X, LINE 2: THE UNIVERSITY HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE INDICATING IT IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS SUBJECT TO FEDERAL AND STATE INCOME TAX ONLY ON NET UNRELATED BUSINESS INCOME. THE UNIVERSITY ENGAGES IN ACTIVITIES THAT ARE CONSIDERED UNRELATED TO ITS EXEMPT PURPOSE. THESE ACTIVITIES ARE SUBJECT TO FEDERAL AND STATE INCOME TAXES. THE UNIVERSITY HAD A NET OPERATING LOSS CARRY-FORWARD AVAILABLE TO OFFSET ANY TAXABLE INCOME FROM THESE UNRELATED ACTIVITIES THROUGH MAY 31, 2019. A FEDERAL AND STATE TAX PROVISION OF $31,500 HAS BEEN RECORDED FOR THE YEAR ENDED MAY 31, 2020. THE UNIVERSITY ADOPTED ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS AND FILES AS A TAX-EXEMPT ORGANIZATION. NO ADJUSTMENTS TO THE FINANCIAL STATEMENTS WERE REQUIRED AS A RESULT OF THE IMPLEMENTATION OF THIS STANDARD. THE UNIVERSITY TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AUTHORITIES. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, THE TAX RETURNS FOR THE YEARS 2016 THROUGH 2019 ARE SUBJECT TO REVIEW BY FEDERAL AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN ALLOWANCE FOR UNCOLLECTIBLE PLEDGES -101,459. SPECIAL EVENT EXPENSES 454,412. RENTAL EXPENSES 543,894. LOSS ON DISPOSAL OF FIXED ASSETS 14,764. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 46,831,800. NON-OPERATING INVESTMENT INCOME 164,891. NON-OPERATING GIFTS AND GRANTS 5,830,662. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 454,412. RENTAL EXPENSES 543,894. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 46,831,800. 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 STATEMENT IS PUBLISHED AT VARIOUS TIMES THROUGHOUT THE YEAR IN REGIONAL NEWSPAPERS ANNOUNCING REGISTRATION DATES AND PROGRAMS OFFERED. THE UNIVERSIIY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, RELIGIOUS BELIEF, NATIONAL OR ETHNIC ORIGIN, AGE, DISABILITY, GENDER, SEXUAL ORIENTATION, GENDER IDENTITY OR EXPRESSION, MARITAL STATUS, FAMILIAL STATUS, GENETIC INFORMATION, STATUS WITH REGARD TO PUBLIC ASSISTANCE, OR CITIZENSHIP IN ITS EDUCATION POLICIES, ADMISSION POLICIES, EMPLOYMENT, SCHOLARSHIP AND LOAN PROGRAMS, ATHLETIC AND/OR SCHOOL-ADMINISTERED PROGRAMS, EXCEPT IN THOSE INSTANCES WHERE THERE'S A BONA FIDE OCCUPATIONAL QUALIFICATION OR TO COMPLY WITH STATE OR FEDERAL LAW. RECRUITMENT PROCEDURES ARE DESIGNED AND CARRIED OUT TO REACH STUDENTS OF ALL RACIAL SEGMENTS IN THE GEOGRAPHICAL AREA SERVED. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES SUPPORT FROM THE STATE OF MINNESOTA AND FROM THE UNITED STATES GOVERNMENT IN CONNECTION WITH STUDENT AID PROGRAMS SUCH AS FEDERAL AND MINNESOTA COLLEGE WORK-STUDY PROGRAMS, PELL GRANTS, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, AND VARIOUS OTHER FEDERAL AND STATE EDUCATIONAL AND RESEARCH GRANTS OR SUBSIDIES. 1 CENTRAL AMERICA & CARIBBEAN 3 12 PROGRAM SERVICES INSTRUCTION 1317343 EAST ASIA & THE PACIFIC 0 0 PROGRAM SERVICES INSTRUCTION 1100 SOUTH ASIA 0 0 PROGRAM SERVICES INSTRUCTION 700 EUROPE 0 0 PROGRAM SERVICES INSTRUCTION 169285 EUROPE 0 0 PROGRAM SERVICES INSTITUTIONAL SUPPORT 74132 EUROPE 0 0 PROGRAM SERVICES PUBLIC SERVICES 700 EUROPE 0 0 PROGRAM SERVICES STUDENT SERVICES 135 NORTH AMERICA 1 10 PROGRAM SERVICES INSTRUCTION 577960 NORTH AMERICA 0 0 PROGRAM SERVICES INSTITUTIONAL SUPPORT 70868 NORTH AMERICA 0 0 PROGRAM SERVICES ACADEMIC SUPPORT 17000 NORTH AMERICA 0 0 PROGRAM SERVICES STUDENT SERVICES 18036 NORTH AMERICA 0 0 INVESTMENTS N/A 148971 SOUTH AMERICA 0 0 PROGRAM SERVICES INSTRUCTION 1200 SOUTH AMERICA 0 0 PROGRAM SERVICES PUBLIC SERVICES 2263 MIDDLE EAST & NORTH AFRICA 0 0 PROGRAM SERVICES INSTITUTIONAL SUPPORT 1760 MIDDLE EAST & NORTH AFRICA 0 0 PROGRAM SERVICES INSTRUCTION 485 SUB-SAHARAN AFRICA 1 6 PROGRAM SERVICES INSTRUCTION 761516 SUB-SAHARAN AFRICA 0 0 INVESTMENTS N/A 227300 4 22 1 6 5 28 2141355 1249399 3390754 1 0 1 1 0 0 PART I, LINE 2: THE MAJORITY OF EXPENDITURES RELATE TO WIRE TRANSFERS MADE TO FOREIGN OFFICES TO COVER PAYMENTS MADE DIRECTLY OUT OF THESE OFFICES FOR EXPENDITURES INCURRED FOR INSTRUCTION OF STUDENTS WHILE ATTENDING COURSES AT THESE LOCATIONS. REMAINING EXPENDITURES RELATE TO PAYMENTS MADE DIRECTLY TO VENDORS FOR SERVICES PROVIDED TO THE UNIVERSITY BY FOREIGN VENDORS. ALL REQUESTS FOR PAYMENTS/WIRES ARE REVIEWED AND APPROVED BY APPROPRIATE SUPERVISORS OF THE RELATED DEPARTMENT. AUGSBURG UNIVERSITY OFFERS SCHOLARSHIPS AND GRANTS TO QUALIFIED STUDENTS TO HELP REDUCE THEIR OUT-OF-POCKET TUITION COSTS. STUDENTS RECEIVING FINANCIAL ASSISTANCE OF THIS FORM MUST MEET SPECIFIC CRITERIA SUCH AS ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER SIMILAR STANDARDS WHETHER PUT IN PLACE BY THE UNIVERSITY OR BY DONORS. PART I, LINE 3: THE UNIVERSITY USES THE ACCRUAL METHOD TO REPORT EXPENDITURES ON SCHEDULE F. PART III ACCOUNTING METHOD: STEPUP GALA 3128226 2990076 138150 121360 15300 281368 A-CLUB GOLF 79205 49038 30167 16295 5358 4521 2 19611 1088 18523 1373 4785 2858 1194 3227042 3040202 186840 17668 10143 128739 15300 282562 454412 -267572 1 TUITION ASSISTANCE AND SCHOLARSHIPS 3062 46831800 0 N/A N/A PART I, LINE 2: AUGSBURG UNIVERSITY OFFERS SCHOLARSHIPS AND GRANTS TO QUALIFIED STUDENTS TO HELP REDUCE THEIR OUT-OF-POCKET TUITION COSTS. STUDENTS RECEIVING FINANCIAL ASSISTANCE OF THIS FORM MUST MEET SPECIFIC CRITERIA SUCH AS ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER SIMILAR STANDARDS WHETHER PUT IN PLACE BY THE UNIVERSITY OR BY DONORS OF RESTRICTED FUNDS. X X 1 1 X X X X 1 1 0 0 0 0 0 0 0 PAUL PRIBBENOW PRESIDENT 340112 0 0 0 3545 0 59064 0 57922 0 460643 0 0 0 KAREN KAIVOLA PROVOST AND CHIEF ACADEMIC OFFICER 225075 0 0 0 1439 0 18241 0 3013 0 247768 0 0 0 ROBERT GOULD VICE PRESIDENT FOR STRATEGIC ENROLLM 209351 0 0 0 170 0 10999 0 10624 0 231144 0 0 0 BETH REISSENWEBER VICE PRESIDENT FOR FINANCE AND ADMIN 192556 0 0 0 442 0 12240 0 10712 0 215950 0 0 0 LEIF ANDERSON VICE PRESIDENT AND CHIEF STRATEGY OF 167516 0 0 0 611 0 14308 0 11593 0 194028 0 0 0 REBECCA JOHN VICE PRESIDENT AND COO 170753 0 0 0 467 0 13657 0 5297 0 190174 0 0 0 HEATHER RIDDLE VICE PRESIDENT OF INSTITUTIONAL ADVA 177191 0 0 0 392 0 0 0 6545 0 184128 0 0 0 ANN GARVEY VICE PRESIDENT OF STUDENT AFFAIRS 145625 0 0 0 165 0 11939 0 3922 0 161651 0 0 0 MONICA DEVERS DEAN OF PROFESSIONAL STUDIES 139723 0 0 0 572 0 7175 0 3772 0 151242 0 0 0 PART I, LINE 1A PAUL PRIBBENOW - RESIDENCE FOR PERSONAL USE, HEALTH OR SOCIAL CLUB DUES, VEHICLE LEASE - NOT INCLUDIBLE IN TAXABLE INCOME PART I, LINES 4A-B THE PRESIDENT OF THE UNIVERSITY, PAUL PRIBBENOW, PARTICIPATES IN A 457(F) PLAN AND RECEIVED A BENEFIT UNDER THE PLAN OF $27,200. A MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY 410988525 60416HHS6 2006-07-27 5000000 MULTIPLE FACILITIES 0 0 0 B MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY 410988525 60416HUF9 2010-10-13 8936602 REFINANCE SERIES 4-Y BONDS 0 0 0 C MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY 410988525 60416HE42 2014-07-30 6705000 REFINANCE SERIES 6-C BONDS 0 0 0 D MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY 410988525 2015-04-15 12400000 REFINANCE SERIES 6-J1 BONDS 0 0 0 A 5000000 5000000 99000 26500 4874500 2006 0 0 1 1 B 8936602 8936602 172187 8764415 2010 1 0 1 1 C 3880000 6705000 134100 6064972 2014 1 0 1 1 D 2060000 12400000 90613 12309387 2015 1 0 1 1 A 0 1 1 1 0 0.01060 0.01060 0 0 1 B 0 0 0 0 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0 0 1 D 0 1 1 1 0 0.02620 0.02620 0 0 1 A 0 0 1 0 1 0 0 0 1 B 0 0 1 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 D 0 1 0 0 1 0 0 0 1 A 1 B 1 C 1 D 1 A MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY 410988525 2016-12-01 32240000 CSBR FINANCING 0 0 0 B MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY 410988525 60416H2T0 2016-12-01 13680000 CSBR FINANCING 0 0 0 C MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY 410988525 2019-08-29 2920000 REFINANCE SERIES SIX-J2 AND SERIES SEVEN-G. 0 0 0 A 33836864 2611717 1328839 366737 29529571 2017 0 0 1 1 B 1680000 13584240 1108197 155614 12320429 2017 0 0 1 1 C 2920000 136473 2920000 2019 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 0 1 0 0 0 1 B 0 0 0 0 1 0 0 0 1 C 0 0 0 0 1 0 0 0 1 A 1 B 1 C 1 WILLIAM FRAME FORMER OFFICER LOAN AGAINST LIFE INSURANCE POLICY X 194965 444431 0 1 1 444431 X 30 580505 STOCK MARKET QUOTES X 1 1393000 FAIR MARKET VALUE X AUCTION ITEMS 43 16208 ESTIMATED FMV 0 0 1 0 PART I, COLUMN (B): COLUMN (B) REPORTS THE NUMBER OF CONTRIBUTORS FOR PUBLICLY TRADED SECURITIES AND NUMBER OF ITEMS CONTRIBUTED FOR SPECIAL EVENT AUCTION ITEMS. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE CONSISTS OF THE CHAIR AND OTHER OFFICERS, PLUS AT LEAST FOUR OTHER MEMBERS ELECTED BY THE BOARD OF REGENTS. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY OF THE BOARD OF REGENTS IN THE MANAGEMENT OF THE BUSINESS OF THE UNIVERSITY IN THE INTERVAL BETWEEN MEETINGS OF THE BOARD OF REGENTS, AND THE EXECUTIVE COMMITTEE IS AT ALL TIMES SUBJECT TO THE CONTROL AND DIRECTION OF THE BOARD OF REGENTS. FORM 990, PART VI, SECTION A, LINE 6 THE VOTING MEMBERS OF THE UNIVERSITY ARE THE GOVERNING MEMBERS. THE GOVERNING MEMBERSHIP CONSISTS OF: (1) SEVENTY-SIX MEMBERS FROM THE FOLLOWING SYNODS OF THE EVANGELICAL LUTHERAN CHURCH IN AMERICA: MINNEAPOLIS AREA SYNOD, SAINT PAUL AREA SYNOD, SOUTHEASTERN MINNESOTA SYNOD, AND NORTHWEST SYNOD OF WISCONSIN. EACH SUCH SYNOD SHALL HAVE REPRESENTATION WHICH SHALL BE PROPORTIONATE TO ITS COMPARATIVE BAPTIZED MEMBERSHIP; (2) THE BISHOP, OR THE BISHOP'S DESIGNEE, FROM EACH SUCH SYNOD; (3) TEN MEMBERS FROM THE BOARD OF REGENTS; (4) FOUR MEMBERS FROM THE FACULTY: THE CHAIR OF THE FACULTY SENATE AND THE CHAIRS OF AUGSBURG UNIVERSITY'S THREE DIVISIONS-FINE ARTS AND HUMANITIES, NATURAL AND SOCIAL SCIENCES, AND PROFESSIONAL STUDIES; (5) THREE MEMBERS OF THE UNIVERSITY ADMINISTRATION DETERMINED IN THE DISCRETION OF THE PRESIDENT; AND (6) TWO CURRENT STUDENTS HOLDING ELECTED SEATS AS MEMBERS OF THE STUDENT GOVERNMENT. MEMBERS FROM EACH CONSTITUENT GROUP SHALL BE SELECTED BY PROCEDURES DETERMINED BY THEIR PARTICULAR BODY UNLESS OTHERWISE SPECIFIED IN THESE BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING MEMBERSHIP ELECTS THE MEMBERS OF THE UNIVERSITY'S BOARD OF REGENTS AND THE NOMINATING COMMITTEE. THE GOVERNING MEMBERSHIP ALSO ESTABLISHES AND ELECTS MEMBERS TO SUCH OTHER COMMITTEES IT DEEMS NECESSARY TO CONDUCT ITS BUSINESS. FORM 990, PART VI, SECTION A, LINE 7B THE GOVERNING MEMBERSHIP MUST APPROVE AMENDMENTS TO THE ARTICLES OF INCORPORATION OR BYLAWS OF THE UNIVERSITY, TO MERGE OR CONSOLIDATE WITH ANOTHER CORPORATION, TO DISPOSE OF ALL OR SUBSTANTIALLY ALL THE ASSETS OF THIS UNIVERSITY, OR TO DISSOLVE THE UNIVERSITY. THE GOVERNING MEMBERSHIP RECEIVES REPORTS FROM THE BOARD OF REGENTS AND ADMINISTRATION OF THE UNIVERSITY AND GENERALLY ACQUAINTS ITSELF WITH THE PROGRESS AND NEEDS OF THE UNIVERSITY. ITS OBJECTIVES ARE TO STRENGTHEN THE UNIVERSITY SPIRITUALLY AND ACADEMICALLY, TO PROMOTE THE UNIVERSITY IN APPROPRIATE FORUMS, AND TO PROVIDE WHATEVER OTHER FORMS OF ASSISTANCE IT MAY FIND FEASIBLE AND APPROPRIATE. IT MAY MAKE RECOMMENDATIONS TO THE BOARD OF REGENTS AS IT DEEMS ADVISABLE. FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT PUBLIC ACCOUNTING FIRM PREPARES THE FORM 990 BASED ON DATA SUPPLIED BY MANAGEMENT OF THE UNIVERSITY. THE DRAFT OF THE FORM 990 IS REVIEWED BY MANAGEMENT WITH ANY CORRECTIONS AND CHANGES BEING INCORPORATED INTO THE DOCUMENT. THE UPDATED DRAFT OF THE FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE FOR THEIR REVIEW AND APPROVAL FOR SUBMISSION. A PUBLIC INSPECTION COPY OF THE FORM 990 IS MADE AVAILABLE TO THE BOARD OF REGENTS PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C AUGSBURG UNIVERSITY HAS BOTH A CONFLICT OF INTEREST POLICY SPECIFIC TO ITS BOARD OF REGENTS AND EMPLOYEES TO PROTECT AND SAFEGUARD THE INTERESTS OF AUGSBURG UNIVERSITY. EACH YEAR, THE BOARD OF REGENTS ARE REQUIRED TO DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST IN THEIR SERVICE TO AUGSBURG UNIVERSITY. SUCH FORMS ARE REVIEWED BY THE BOARD CHAIR, OR HIS/HER DESIGNEE, WITH APPROPRIATE ACTION TAKEN. REGENTS ARE REQUIRED TO DISCLOSE ANY CONFLICT PRIOR TO DISCUSSION AT MEETINGS AND TO RECUSE THEMSELVES FROM VOTING, AS RECORDED IN THE MINUTES. AUGSBURG UNIVERSITY ALSO SEEKS TO AVOID CONFLICTS BETWEEN THE PERSONAL INTERESTS OF EMPLOYEES AND THE INTERESTS OF THE UNIVERSITY. IN THE EVENT AN EMPLOYEE OR THEIR FAMILY MEMBER MAY HAVE A FINANCIAL, PERSONAL, OR PROFESSIONAL INTEREST THAT COULD POTENTIALLY CREATE AN ADVERSE CONFLICT OF INTEREST INVOLVING THE UNIVERSITY, THE EMPLOYEE IS REQUIRED TO PROVIDE WRITTEN DISCLOSURE TO THE APPROPRIATE VICE PRESIDENT. THE EMPLOYEE IS THEN REQUIRED TO REFRAIN FROM PARTICIPATING IN THE UNIVERSITY'S CONSIDERATION OR PROCESSING OF THE TRANSACTION TO AVOID ANY INFLUENCE UPON SUCH TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S COMPENSATION IS REVIEWED, AND ADJUSTED IF NECESSARY, ANNUALLY BY THE BOARD OF REGENTS EXECUTIVE COMMITTEE. IN YEARS WHERE AN EXTERNAL FIRM IS NOT ENGAGED, HUMAN RESOURCES PROVIDES SURVEY DATA FROM THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA-HR). THIS INFORMATION IS BASED ON OVER 150 SCHOOLS THAT COMPARE TO AUGSBURG REGARDING ENROLLMENT SIZE, ACADEMIC PROGRAMS, BUDGET SIZE, AS WELL AS OTHER ELCA COLLEGES. THIS INFORMATION IS SENT TO THE EXECUTIVE COMMITTEE EACH SUMMER AND THEN THE REVIEW OCCURS DURING THE NEXT FEW MONTHS BEFORE BEING COMMUNICATED TO THE PRESIDENT IN FALL BY THE BOARD CHAIR. IF A SALARY INCREASE IS APPROVED BY THE BOARD, A PERSONNEL ACTION REQUEST FORM IS SUBMITTED. AN INDEPENDENT REVIEW PROCESS OF THE PRESIDENT'S COMPENSATION WAS LAST CONDUCTED BY AN EXTERNAL SOURCE FOR THE PRESIDENT IN 2017. IN 2018-2019, AN INTERNAL REVIEW WAS CONDUCTED USING THE SAME/SIMILAR DATA CUTS USED BY THE EXTERNAL SOURCE. THE RECOMMENDATION WAS PRESENTED TO THE BOARD OF REGENTS FOR APPROVAL. THE PRESIDENT ANNUALLY REVIEWS THE COMPENSATION FOR ALL MEMBERS OF THE PRESIDENT'S LEADERSHIP TEAM (PLT). HE DETERMINES THE COMPENSATION FOR HIS DIRECT REPORTS, BUT LEAVES THE FINAL DECISION TO THE APPROPRIATE VICE PRESIDENT FOR EMPLOYEES THAT DO NOT REPORT DIRECTLY TO HIM. HUMAN RESOURCES PROVIDES SURVEY DATA FROM THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA-HR), AS WELL AS INDUSTRY SPECIFIC COMPENSATION INFORMATION FOR CERTAIN POSITIONS. THE CUPA-HR SALARY INFORMATION IS BASED ON APPROXIMATELY 150 COLLEGES BOTH NATIONALLY AND ACROSS THE MIDWEST AND INCLUDES INSTITUTIONS WITH SIMILAR STUDENT ENROLLMENT AND BUDGET SIZE, AS WELL AS OTHER ELCA COLLEGES. HUMAN RESOURCES PROVIDES THIS INFORMATION TO THE PRESIDENT EACH SPRING/SUMMER, AND THE REVIEW OCCURS DURING THE NEXT FEW MONTHS. THE PRESIDENT COMMUNICATES THE COMPENSATION INCREASE TO THE PLT MEMBER AND HUMAN RESOURCES ENSURES A PERSONNEL ACTION REQUEST FORM IS COMPLETED. IN 2018-2019 HUMAN RESOURCES CONTRACTED WITH AN EXTERNAL COMPENSATION CONSULTANT TO EVALUATE AND RECOMMEND REVISED PAY GRADES AND RANGES FOR ALL STAFF, INCLUDING MEMBERS OF THE PRESIDENT'S LEADERSHIP TEAM. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: ADJUSTMENT OF ACTUARIAL LIABILITY -33,009. CHANGE IN ALLOWANCE FOR UNCOLLECTIBLE PLEDGES -217,434. ZEBRA INVESTMENTS SIX LIMITED FIVE SIMPSON STREET WINDHOEK WEST WA FOREIGN CAMPUS WA AUGSBURG UNIVERSITY C 273497 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0