2021-04-15T13:38:12-07:00 2020-05-31 990 2019-06-01 560529999 HIGH POINT UNIVERSITY HIGH 3368419000 ONE UNIVERSITY PARKWAY HIGH POINT NC 272680001 Deborah Butt VICE PRESIDENT - FINANCIAL AFFAIRS 3368419202 2021-04-15 2019 2022-09-23 18:48:47Z DEBORAH BUTT ONE UNIVERSITY PARKWAY HIGH POINT NC 27268 339272699 0 X WWW.HIGHPOINT.EDU X 1928 NC THE MISSION OF HIGH POINT UNIVERSITY IS TO DELIVER EDUCATIONAL EXPERIENCES THAT ENLIGHTEN, CHALLENGE, AND PREPARE STUDENTS TO LEAD LIVES OF SIGNIFICANCE IN COMPLEX GLOBAL COMMUNITIES. THE VISION OF HIGH POINT UNIVERSITY IS TO BE A NATIONALLY PROMINENT, PRIVATE INSTITUTION RECOGNIZED FOR THE EXCELLENCE OF ITS ACADEMIC PROGRAMS, THE DEPTH OF ITS VALUES-BASED CULTURE, THE BREADTH OF ITS INCLUSIVENESS, AND THE STRENGTH OF ITS COMMITMENT TO HELPING STUDENTS LEAD LIVES OF SIGNIFICANCE. 40 38 2783 100 79820 78820 29906831 32360327 256417406 258127754 1248105 2158969 2544507 2127115 290116849 294774165 46159962 49816614 0 0 72066685 81180023 0 0 3928918 116848467 116735445 235075114 247732082 55041735 47042083 813272212 863444385 188716286 202768997 624555926 660675388 THE MISSION OF HIGH POINT UNIVERSITY IS TO DELIVER EDUCATIONAL EXPERIENCES THAT ENLIGHTEN, CHALLENGE, AND PREPARE STUDENTS TO LEAD LIVES OF SIGNIFICANCE IN COMPLEX GLOBAL COMMUNITIES. THE VISION OF HIGH POINT UNIVERSITY IS TO BE A NATIONALLY PROMINENT, PRIVATE INSTITUTION RECOGNIZED FOR THE EXCELLENCE OF ITS ACADEMIC PROGRAMS, THE DEPTH OF ITS VALUES-BASED CULTURE, THE BREADTH OF ITS INCLUSIVENESS, AND THE STRENGTH OF ITS COMMITMENT TO HELPING STUDENTS LEAD LIVES OF SIGNIFICANCE. 0 0 182079516 45415906 231389726 HIGH POINT UNIVERSITY IS A PRIVATE, CO-ED UNIVERSITY COMMITTED TO PROVIDING STUDENTS WITH AN EXCEPTIONAL EDUCATION. HPU SERVES APPROXIMATELY 4600 UNDERGRADUATE STUDENTS THROUGH ITS HAYWORTH COLLEGE OF ARTS & SCIENCES, PHILLIPS SCHOOL OF BUSINESS, QUBEIN SCHOOL OF COMMUNICATIONS, AND SCHOOLS OF ART & DESIGN, EDUCATION AND HEALTH SCIENCES. 15278090 3031832 27003602 THE UNIVERSITY, THROUGH ITS NORCROSS GRADUATE SCHOOL, ALSO SERVES APPROXIMATELY 700 GRADUATE STUDENTS SEEKING DEGREES IN BUSINESS ADMINISTRATION, EDUCATION, ATHLETIC TRAINING, PHYSICIAN ASSISTANT, STRATEGIC COMMUNICATION, HEALTH SCIENCES, PHYSICAL THERAPY AND PHARMACY. 0 0 0 197357606 1 1 0 0 0 0 0 1 1 1 1 0 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 0 1 7336 0 1 2783 1 1 1 0 0 0 0 1 1 0 0 0 0 1 0 X 40 38 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X DEBORAH S BUTT 3368419000 ONE UNIVERSITY PARKWAY HIGH POINT NC 272680001 NIDO QUBEIN PRESIDENT 60.00 0 X 2900325 0 543620 TUBBY SMITH COACH 40 0 X 1067471 0 32338 DENNIS CARROLL PROVOST/VICE PRESIDENT 50 0 X 322822 0 29462 ANDREW BILLS SENIOR VICE PRESIDENT 50 0 X 284690 0 38076 CHRIS DUDLEY SENIOR VICE PRESIDENT 50 0 X 271991 0 35333 DANIEL ERB DEAN OF HEALTH SCIENCES/PROFESSOR 40 0 X 234606 0 43304 RONALD RAGAN DEAN OF PHARMACY 40 0 X 238727 0 20876 SCOTT HEMBY PHARMACY PROFESSOR 40 0 X 209000 0 25603 MARIANN TILLERY DEAN OF EDUCATION/PROFESSOR 40 0 X 204412 0 28953 DEBI BUTT VICE PRESIDENT 60.00 0 X 188248 0 40292 ROGER CLODFELTER SENIOR VICE PRESIDENT 50 0 X 210816 0 15467 GAIL TUTTLE SENIOR VICE PRESIDENT 50 0 X 200517 0 23715 STEVE POTTER VICE PRESIDENT 60 0 X 167666 0 20633 BRAD CALLOWAY SENIOR VICE PRESIDENT 50.00 0 X 167799 0 17355 DAN HAUSER ATHLETIC DIRECTOR 50 0 X 133582 0 33354 STEPHANIE CROFTON VICE PRESIDENT 50 0 X 129462 0 28463 JEFF ADAMS VICE PRESIDENT 40 0 X 131841 0 23097 DENNY G BOLTON FORMER EXECUTIVE VICE PRESIDENT 0 0 X 100000 0 0 DOUGLAS VINZANT SENIOR VICE PRESIDENT 50 0 X 79627 0 2715 JACOB MARTINSON FORMER PRESIDENT/HONORARY TRUSTEE 0 0 X 35339 0 0 ELIZABETH ALDRIDGE TRUSTEE 0.5 0 X 0 0 0 MICHAEL BROWN TRUSTEE 0.5 0 X 0 0 0 ROBERT BROWN CHAIR OF BOARD/TRUSTEE 0.5 0 X 0 0 0 RICHARD BUDD TRUSTEE 0.5 0 X 0 0 0 TERESA CAINE TRUSTEE 0.5 0 X 0 0 0 RICHARD CALLICUTT II TRUSTEE 0.5 0 X 0 0 0 ROY CARROLL TRUSTEE 0.5 0 X 0 0 0 THAYER COGGIN TRUSTEE 0.5 0 X 0 0 0 EARL CONGDON TRUSTEE 0.5 0 X 0 0 0 CHRISTINE COTTRELL TRUSTEE 0.5 0 X 0 0 0 DAVID COUCH TRUSTEE 0.5 0 X 0 0 0 EDWARD COVINGTON TRUSTEE 0.5 0 X 0 0 0 FLOYD CRAVEN TRUSTEE 0.5 0 X 0 0 0 JOHN FINCH TRUSTEE 0.5 0 X 0 0 0 DAVID FRANCIS TRUSTEE 0.5 0 X 0 0 0 SHIRLEY FRYE CHAIR OF STUDENT LIFE COMMITTEE/TRUSTEE 0.5 0 X 0 0 0 DONALD HAYNES TRUSTEE 0.5 0 X 0 0 0 DAVID HAYWORTH TRUSTEE 0.5 0 X 0 0 0 CHRISTOPHER HENSON VICE CHAIR/TRUSTEE 0.5 0 X 0 0 0 THOMAS INGRAM CHAIR, ACADEMIC AFFAIRS/TRUSTEE 0.5 0 X 0 0 0 RON JONES TRUSTEE 0.5 0 X 0 0 0 KENNETH KAHN TRUSTEE 0.5 0 X 0 0 0 GENE KESTER TRUSTEE 0.5 0 X 0 0 0 WILLIAM KESTER TRUSTEE 0.5 0 X 0 0 0 MIRIAM KIMSEY TRUSTEE 0.5 0 X 0 0 0 PETER MAHLER TRUSTEE 0.5 0 X 0 0 0 KATHERINE MAYNARD TRUSTEE 0.5 0 X 0 0 0 KRISTINE MESTDAGH TRUSTEE 0.5 0 X 0 0 0 MEREDITH MICHENER TRUSTEE 0.5 0 X 0 0 0 KEVIN NORTON TRUSTEE 0.5 0 X 0 0 0 JEFF PATTERSON TRUSTEE 0.5 0 X 0 0 0 J ROBERT STOUT TRUSTEE 0.50 0 X 0 0 0 ROBERT STROUPE TRUSTEE 0.5 0 X 0 0 0 RICHARD VERT CHAIR OF AUDIT COMMITTEE/TRUSTEE 0.5 0 X 0 0 0 ANNE WALKER TRUSTEE 0.5 0 X 0 0 0 J ALEXANDER WARD TRUSTEE 0.5 X 0 0 0 MARK WEBB CHAIR OF INVESTMENT & FINANCE COMMITTEE/TRUSTEE 0.5 0 X 0 0 0 FRED WILSON TRUSTEE 0.5 0 X 0 0 0 DOUGLAS WITCHER TRUSTEE 0.5 0 X 0 0 0 MOLLY YOUNG TRUSTEE 0.5 0 X 0 0 0 7278941 0 1002656 119 1 1 0 CHRISTMAN SAMET A JOINT VENTURE 208 N CAPITOL AVE LANSING MI 48933 GENERAL CONTRACTOR 57880722 THE CHRISTMAN COMPANY 408 S ELM STREET GREENSBORO NC 27401 GENERAL CONTRACTOR 19587814 ARAMARK HIGH POINT UNIVERSITY ONE UNIV PWKY HIGH POINT NC 27268 FOOD SERVICES 16591352 SHELCO LLC 370 KNOLLWOOD STREET SUITE 200 WINSTON SALEM NC 27103 GENERAL CONTRACTOR 11220015 BUDD GROUP 2325 SOUTH STRATFORD ROAD WINSTON SALEM NC 27103 MAINTENANCE SERVICES 8075806 60 0 0 0 0 2049601 30310726 282216 32360327 STUDENT TUITION & FEES 611710 195309060 195309060 0 0 RESIDENCE HALL FEES 721310 36877754 36877754 0 0 CAFETERIA/MEALS 722210 25130387 25130387 0 0 INTERCOLLEGIATE ATHLETICS 611710 268060 268060 0 0 BOOKSTORE 611710 373746 373746 0 0 168747 168747 0 0 258127754 2544077 0 36003 2508074 0 0 0 0 94471 0 0 94471 1429282 0 1610998 0 -181716 0 -181716 0 0 -181716 42460510 23000 42849204 19414 -388694 3586 -385108 0 0 -385108 1440 0 18918 -17478 0 -17478 0 0 0 0 0 0 0 0 0 0 0 0 SUMMER STUDY ABROAD 611710 265574 265574 0 0 1966264 0 43817 1922447 2231838 294774165 258393328 79820 3940690 1368876 1368876 48447738 48447738 0 0 0 0 6040969 344395 4715827 980747 0 0 0 0 61050666 54649318 4642785 1758563 3297000 3297000 0 0 10791388 7573706 2810056 407626 0 0 0 0 672798 0 672798 0 126750 0 126750 0 0 0 0 0 259563 0 259563 0 6715095 4658995 1843258 212842 2988379 2835401 152978 0 17821045 14734544 2766692 319809 4922214 56710 4865504 0 0 0 0 0 34658897 21139014 13519883 0 2359445 1403102 819038 137305 0 0 0 0 0 0 0 0 4989141 0 4989141 0 0 0 0 0 28885966 27412782 1473184 0 1073962 0 1073962 0 SPECIAL EVENTS 3991573 3283587 595960 112026 INTERCOLLEGIATE 2789165 2789165 0 0 4481452 3363273 1118179 0 247732082 197357606 46445558 3928918 1332057 1755689 90654215 45022125 21796852 12578795 12220563 13358947 0 0 0 0 1530629 0 0 0 1210195 882594 986843735 275186036 618144088 711657699 32102636 39963244 21197846 24578223 604049 382665 0 0 12479082 13264404 813272212 863444385 35984024 36158263 0 0 14958281 37117293 133735026 126115825 303519 268783 0 0 2627888 2375854 0 0 1107548 732979 188716286 202768997 X 511573275 543294184 112982651 117381204 624555926 660675388 813272212 863444385 X 47042083 347026 0 190139 -8705957 -2753829 X 0 1 X 1 1 1 X 30426550 32546081 32205988 29906831 32360327 157445777 0 0 0 0 0 0 0 0 0 0 0 0 30426550 32546081 32205988 29906831 32360327 157445777 23119252 134326525 3104293 2374655 2060429 2702781 3937356 14179514 67941 68085 89233 76455 79820 381534 16822 18374 20905 16469 1440 74010 172080835 1180774207 0.78060 0.74052 X Schedule A, Part II, Line 10 OTHER INCOME LISTED ON LINE 10 OF SCHEDULE A, PART II IS GAIN OR (LOSS) FROM FUNDRAISING. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 57100 1590184 0 0 X EDUCATION 0 0 1 X 65747536 13722553 1413235 0 2388313 235528 78259483 63760429 3302177 898021 0 1993517 219574 65747536 56668533 5563978 3766459 0 2016752 221789 63760429 50211927 3379627 4838317 0 1574427 186911 56668533 49791008 3018943 -1094458 0 1327222 176344 50211927 0.0089 0.8358 0.1553 1 0 78845384 0 78845384 606234738 0 147341476 458893262 58915672 0 29500623 29415049 122855990 0 98343937 24512053 119991951 0 0 119991951 711657699 STUDENT LOAN MONIES 732979 732979 X 292367358 347022 0 0 -2753829 -2406807 294774165 0 0 0 294774165 199284344 0 0 0 0 0 199284344 0 48447738 48447738 247732082 Schedule D, Part III, Line 4 THE UNIVERSITY MAINTAINS ART AND OTHER COLLECTIBLES DISPLAYED IN VARIOUS CAMPUS BUILDINGS FOR EDUCATIONAL AND INSTRUCTIONAL PURPOSES. Schedule D, Part IV, Line 2b THE UNIVERSITY ALLOWS THE STUDENT GOVERNMENT ASSOCIATION AND PANTHER CLUB TO KEEP MONEY THAT THEY HAVE COLLECTED IN A UNIVERSITY CONTROLLED BANK ACCOUNT. Schedule D, Part V, Line 4 ENDOWMENT FUNDS ARE USED FOR THE PURPOSES STIPULATED BY THE INDIVIDUAL DONOR(S) OF THE ENDOWED FUNDS. THE MAJORITY OF THE UNIVERSITY'S ENDOWMENT IS FOR SCHOLARSHIPS OR PROFESSORSHIPS/CHAIRS. Schedule D, Part X, Line 2 IT IS THE UNIVERSITY'S POLICY TO EVALUATE ALL SIGNIFICANT TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY-THAN-NOT" THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE CONSOLIDATED FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2020 AND 2019. CURRENTLY, THE STATUTE OF LIMITATIONS REMAINS OPEN SUBSEQUENT TO AND INCLUDING THE YEAR ENDED MAY 31, 2017; HOWEVER, NO EXAMINATIONS ARE IN PROCESS. ANY CHANGES IN THE AMOUNT OF A TAX POSITION, AS WELL AS RELATED PENALTIES AND INTEREST, WILL BE RECOGNIZED IN THE PERIOD THAT CHANGE OCCURS. Schedule D, Part XI, Line 2d INTEREST RATE SWAP Schedule D, Part XII, Line 4b GRANTS AND ALLOCATIONS 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 ALL BROADCASTS AND PUBLISHED STATEMENTS FOLLOW THE GUIDELINES PER REVENUE PROCEDURE 75-50 AND ARE DISSEMINATED TO ALL SEGMENTS OF THE GENERAL COMMUNITY SERVED BY THE SCHOOL. Schedule E, Part I, Line 6 THE UNIVERSITY RECEIVES SCHOLARSHIP AND STUDENT AID DOLLARS ON BEHALF OF STUDENTS ENROLLED. THOSE DOLLARS ARE PASSED THROUGH TO THE STUDENTS. 1 Europe (including Iceland and Greenland) 0 2 Program Services STUDY ABROAD (MULTI) 101607 Europe (including Iceland and Greenland) 0 2 Program Services STUDY ABROAD (ITALY) 97670 Europe (including Iceland and Greenland) 0 2 Program Services STUDY ABROAD (SPAIN) 61261 East Asia and the Pacific 0 2 Program Services STUDY ABROAD (CHINA) 8636 East Asia and the Pacific 0 2 Program Services STUDY ABROAD (JAPAN) 749 East Asia and the Pacific 0 2 Program Services STUDY ABROAD (AUSTRALIA) 120 Europe (including Iceland and Greenland) 0 0 Program Services UNIVERSITY ACTIVITIES. 83991 North America (including Canada and Mexico, but not the United States) 0 0 Program Services UNIVERSITY ACTIVITIES. 76020 East Asia and the Pacific 0 0 Program Services UNIVERSITY ACTIVITIES. 31408 Middle East and North Africa 0 0 Program Services UNIVERSITY ACTIVITIES. 3444 South America 0 0 Program Services UNIVERSITY ACTIVITIES. 1250 Central America and the Caribbean 0 0 Investments FOREIGN INVESTMENTS 2228000 Europe (including Iceland and Greenland) 0 0 Investments FOREIGN INVESTMENTS. 648000 East Asia and the Pacific 0 0 Investments FOREIGN INVESTMENTS. 622000 0 12 3964156 1 0 0 1 0 0 Schedule F, Part I, Line 2 ALL DISBURSEMENTS MADE BY THIS INSTITUTION IN FURTHERANCE OF ITS EXEMPT PROGRAMS ARE REVIEWED AND APPROVED BY DULY AUTHORIZED INDIVIDUALS. Schedule F, Part I, Line 3 AMOUNTS REPORTED ARE BASED ON BEST AVAILABLE DATA. INVESTMENT AMOUNTS ARE ROUNDED TO THE NEAREST $1,000. UNIVERSITY ACTIVITIES INCLUDE ACADEMIC SUPPORT, INSTITUTIONAL SUPPORT, INSTRUCTION, STUDENT SERVICES AND OPERATING AND MAINTENANCE OF PLANT. 1 HIGH POINT COMMUNITY FOUNDATION PO BOX 5166 HIGH POINT NC 27262 561695787 PUBLIC CHARITY 1000000 GENERAL SUPPORT FOR THE HIGH POINT COMMUNITY HORATIO ALGER ASSOCIATION 99 CANALCENTER PLAZA ALEXANDRIA VA 22314 131669975 PUBLIC CHARITY 175000 GENERAL SUPPORT PIEDMONT TRIAD PARTNERSHIP 416 GALLIMORE DAIRY ROAD GREENSBORO NC 27409 561750279 PUBLIC CHARITY 25000 GENERAL SUPPORT NCCJ 713 NORTH GREENE STREET GREENSBORO NC 27401 061753756 PUBLIC CHARITY 25000 GENERAL SUPPORT. UNITED WAY OF HIGH POINT INC 201 CHURCH AVENUE HIGFH POINT NC 27262 560547486 PUBLIC CHARITY 20000 GENERAL SUPPORT FOR THE BOB BROWN SCHOLARSHIP AND FOR THE HIGH POINT COMMUNITY MINISTERS' CONFERENCE OF HIGH POINT PO BOX 628 HIGH POINT NC 27261 563194545 PUBLIC CHARITY 10000 GENERAL SUPPORT 6 0 ATHLETIC AID 235 6156395 MERIT AID 3107 29491288 NEED-BASED AND OTHER INSTITUTIONAL AWARDS 1353 6595257 INSTITUTIONAL FUNDED FINANCIAL AID 376 1326667 EXTERNAL FUNDED FINANCIAL AID 507 4878131 Schedule I, Part I, Line 2 THE GRANTEES WERE APPROVED BY THE UNIVERSITY PRESIDENT AND CONFIRMED WITH THE VICE PRESIDENT OF FINANCIAL AFFAIRS. X X X X X 1 1 X X X X 1 1 0 0 0 0 0 0 0 NIDO QUBEIN PRESIDENT 828639 0 250600 0 1821086 0 525900 0 17720 0 3443945 0 1310000 ANDREW BILLS SENIOR VICE PRESIDENT 265766 0 15600 0 3324 0 21945 0 16131 0 322766 0 0 0 DENNIS CARROLL PROVOST/VICE PRESIDENT 299614 0 16607 0 6601 0 21255 0 4103 0 348180 0 0 0 DENNY G BOLTON FORMER EXECUTIVE VICE PRESIDENT 100000 0 0 0 0 0 0 0 0 0 100000 0 0 CHRIS DUDLEY SENIOR VICE PRESIDENT 254363 0 15600 0 2028 0 20939 0 14394 0 307324 0 0 0 GAIL TUTTLE SENIOR VICE PRESIDENT 183293 0 15600 0 1624 0 14899 0 8816 0 224232 0 0 0 ROGER CLODFELTER SENIOR VICE PRESIDENT 193333 0 16607 0 876 0 15467 0 0 0 226283 0 0 0 JEFF ADAMS VICE PRESIDENT 114588 0 16607 0 646 0 9715 0 13382 0 154938 0 0 0 DAN HAUSER ATHLETIC DIRECTOR 123086 0 8307 0 2189 0 10433 0 22921 0 166936 0 0 0 STEVE POTTER VICE PRESIDENT 152947 0 13847 0 872 0 12427 0 8207 0 188300 0 0 0 DEBI BUTT VICE PRESIDENT 175455 0 11700 0 1093 0 15200 0 25092 0 228540 0 0 0 BRAD CALLOWAY SENIOR VICE PRESIDENT 164214 0 1800 0 1785 0 0 0 17355 0 185154 0 0 DOUGLAS VINZANT SENIOR VICE PRESIDENT 76512 0 0 0 3115 0 1469 0 1246 0 82342 0 0 0 STEPHANIE CROFTON VICE PRESIDENT 112328 0 16607 0 527 0 9854 0 18609 0 157925 0 JACOB MARTINSON FORMER PRESIDENT/HONORARY TRUSTEE 35339 0 0 0 0 0 0 0 0 0 35339 0 0 0 TUBBY SMITH COACH 989070 0 600 0 77801 0 14000 0 18338 0 1099809 0 0 DANIEL ERB DEAN OF HEALTH SCIENCES/PROFESSOR 211108 0 21607 0 1891 0 18049 0 25256 0 277911 0 0 RONALD RAGAN DEAN OF PHARMACY 241267 0 300 0 -2840 0 11843 0 9032 0 259602 0 0 0 SCOTT HEMBY PHARMACY PROFESSOR 196104 0 11534 0 1362 0 15989 0 9615 0 234604 0 0 0 MARIANN TILLERY DEAN OF EDUCATION/PROFESSOR 181603 0 21057 0 1752 0 12732 0 16220 0 233364 0 Schedule J, Part I, Line 1a DR. NIDO QUBEIN, PRESIDENT, HAS SERVICES PROVIDED AT THE HOME, INCLUDING CLEANING STAFF, MAINTENANCE SERVICES AS NEEDED AND A GROUNDSKEEPER. THE UNIVERSITY PROVIDES CHARTER TRAVEL FOR THE PRESIDENT'S TRAVEL NEEDS. THE PRESIDENT AND TUBBY SMITH, HEAD MEN'S BASKETBALL COACH, RECEIVE A HOUSING ALLOWANCE. THE UNIVERSITY PAYS COUNTRY CLUB DUES FOR THE HEAD MEN'S BASKETBALL COACH. ANY TAXABLE INCOME RESULTING FROM THE PROVISION OF THE ABOVE ITEMS ARE REPORTED AS TAXABLE INCOME ON THE PRESIDENT'S OR HEAD MEN'S BASKETBALL COACH'S W-2. Schedule J, Part I, Line 3 AN INDEPENDENT CONSULTING FIRM WAS HIRED TO INITIALLY REVIEW THE COMPENSATION PACKAGE AND CONTINUES TO PROVIDE ONGOING GUIDANCE/REVIEW. Schedule J, Part I, Line 4 DR. NIDO QUBEIN, PRESIDENT, RECEIVED A CONTRIBUTION TO HIS 457F PLAN IN THE AMOUNT OF $503,500. MR. DENNY BOLTON, FORMER EXECUTIVE VICE PRESIDENT, RECEIVED A SEVERANCE PAYMENT OF $100,000. A NC CAPITAL FACILITIES FINANCE AGENCY 561592154 65818PJB6 2011-07-07 20485000 CAPITAL SPENDING 0 0 0 B NC CAPITAL FACILITIES FINANCE AGENCY 561592154 65818PJY6 2012-07-11 62490000 SEE PART VI 0 0 0 C NC CAPITAL FACILITIES FINANCE AGENCY 561592154 000000000 2015-10-22 80630000 SEE PART VI 0 0 0 A 5360000 0 20515791 0 0 0 468614 0 0 20047176 0 0 2012 0 0 1 1 B 21415000 0 64937344 0 0 0 711927 0 0 64225417 0 0 2014 1 0 1 1 C 10624000 0 80630000 0 0 0 188145 0 0 80441855 0 0 2016 1 0 1 1 A 0 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 0 A 0 0 1 0 0 0 0 0 0 B 0 0 1 0 0 0 0 0 0 C 0 1 0 0 1 0 0 0 0 A 0 B 0 C 0 Schedule K, Part I, Column f-07/07/2011 20,485,000 NC CAPITAL FACILITIES FINANCE AGENCY - $7,500,000 TO REFUND NCCFFA EDUCATIONAL FAC REV BONDS (HIGH POINT UNIVERSITY), SERIES 2006 ISSUED 12/14/2006. $6,610,000 TO REFUND NCCFFA EDUCATIONAL FAC REV BONDS (HIGH POINT UNIVERSITY), SERIES 2007, ISSUED 10/11/2007. $12,000,000 TO REFUND NCCFFA EDUCATIONAL FAC REV BONDS (HIGH POINT UNIVERSITY), SERIES 2008, ISSUED 06/18/2008. $21,055,125 TO BE APPLIED TO PREPAYMENT OF BB&T 2010 TERM LOAN. $2,486,670.92 TO BE APPLIED TO BB&T REFUNDING LOAN. $923,434.29 TO BE APPLIED TO PREPAYMENT OF DOE LOAN. $1,295,671.89 TO BE APPLIED TO PREPAYMENT OF THE HIGH POINT BANK LOAN. $3,268,726.39 TO BE APPLIED TO THE PREPAYMENT OF THE WELLS FARGO LINE OF CREDIT. $9,017,274.34 FOR HEALTH SCIENCE, CENTER FOR EXCELLENCE, ATHLETIC PERFORMANCE CENTER AND ISSUANCE EXPENSE. Schedule K, Part I, Column f-10/22/2015 80,630,000 NC CAPITAL FACILITIES FINANCE AGENCY - $19,950,000 TO REFUND NCCFFA EDUCATIONAL FAC REV BONDS (HIGH POINT UNIVERSITY), SERIES 2006, ISSUED 12/14/2006. $21,490,000 TO REFUND NCCFFA EDUCATIONAL FAC REV BONDS (HIGH POINT UNIVERSITY), SERIES 2007, ISSUED 10/11/2007. $30,000,000 TO REFUND NCCFFA EDUCATIONAL FAC REV BONDS (HIGH POINT UNIVERSITY), SERIES 2008, ISSUED 06/18/2008. $9,190,000 HEALTH SCIENCES FACILITIES AND ISSUANCE EXPENSE. Schedule K, Part II, Line 3-07/07/2011 20,485,000 NC CAPITAL FACILITIES FINANCE AGENCY - $30,791 INTEREST EARNED ON BOND. Schedule K, Part II, Line 3-07/11/2012 62,490,000 NC CAPITAL FACILITIES FINANCE AGENCY - $68,514 INTEREST EARNED ON BOND. BOND ISSUED WITH AN ORIGINAL ISSUE PREMIUM OF $2,378,830. Schedule K, Part IV, Line 2c-07/11/2012 62,490,000 NC CAPITAL FACILITIES FINANCE AGENCY - HIGH POINT UNIVERSITY HIRED BINGHAM ARBITRAGE REBATE SERVICES, INC. TO COMPLETE ITS ARBITRAGE REBATE CALCULATION AS OF MAY 1, 2017, THE FIRST INSTALLMENT EVALUATION DATE. AFTER THEIR REVIEW, IT WAS DETERMINED THAT HIGH POINT UNIVERSITY DID NOT OWE AN ARBITRAGE REBATE PAYMENT TO THE IRS. BB&T NIDO QUBEIN, PRESIDENT, IS ON THE BOARD OF DIRECTORS OF BB&T. 7172580 HIGH POINT UNIVERSITY DOES BANKING AND HAS LINES OF CREDIT WITH BB&T. 0 BUDD GROUP THE BUDD GROUP CEO, JOSEPH BUDD, IS THE SON OF TRUSTEE RICHARD BUDD 9452816 THE BUDD GROUP IS CONTRACTED TO PERFORM MAINTENANCE, GROUNDS KEEPING AND JANITORIAL SERVICES FOR THE HIGH POINT UNIVERSITY. 0 SOUTHEASTERN BUILDING SERVICES INC MIRIAM KIMSEY, TRUSTEE, IS THE VICE PRESIDENT OF SOUTHERN BUILDING INC. 547804 THE COMPANY PROVIDES HVAC MAINTENANCE AND REPAIR SERVICES TO VARIOUS CAMPUS BUILDINGS 0 X 3 57100 FMV X 28 225116 FMV 0 1 1 Schedule M, Part I, Line 32b OCCASIONALLY THE ORGANIZATION RECEIVES REAL ESTATE AS A GIFT AND WILL HIRE AN INDEPENDENT REAL ESTATE AGENT TO SELL THE PROPERTY. Schedule M, Part I, Line 33 THE UNIVERSITY ONLY RECOGNIZES THROUGH REVENUE THOSE NON-CASH CONTRIBUTIONS EXTERNALLY VALUED IN EXCESS OF A SET AMOUNT PER UNIVERSITY POLICY. IF NON-CASH GIFTS ARE RECEIVED THAT ARE VALUED AT LESS THAN OUR PRE-DETERMINED POLICY AMOUNT, THE GIFT IS SUBSTANTIATED TO THE DONOR WITHOUT A VALUE AND IS NOT RECORDED IN REVENUE. Form 990, Part VI, Section A, Line 2 BOARD OF TRUSTEE MEMBER GENE AND WILLIAM KESTER HAVE A FAMILY RELATIONSHIP. Form 990, Part VI, Section B, Line 11b THE FORM 990 IS PREPARED IN THE OFFICE OF THE VICE PRESIDENT FOR FINANCIAL AFFAIRS AND IS REVIEWED BY THE AUDIT FIRM AND LEGAL COUNSEL. THE FORM 990 IS THEN REVIEWED AND APPROVED BY THE UNIVERSITY PRESIDENT WITH COPIES MADE AVAILABLE FOR REVIEW TO THE BOARD OF TRUSTEES. Form 990, Part VI, Section B, Line 12c EACH OFFICER OF THE ORGANIZATION IS REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT AGREEMENT WHICH THE UNIVERSITY MONITORS ON AN ONGOING BASIS AND REVIEWS THOROUGHLY AT LEAST ANNUALLY. Form 990, Part VI, Section B, Line 15 AN INDEPENDENT CONSULTING FIRM WAS HIRED TO INITIALLY REVIEW THE COMPENSATION PACKAGE AND CONTINUES TO PROVIDE ONGOING GUIDANCE AND REVIEWS TO THE BOARD OF TRUSTEES COMPENSATION COMMITTEE. Form 990, Part VI, Section C, Line 19 THE UNIVERSITY MAKES LEGALLY REQUIRED DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part XI, Line 8 HIGH POINT UNIVERSITY RESTATED ITS OPENING BALANCE OF NET ASSETS AND DEFERRED INCOME AS OF JUNE 1, 2018 TO REFLECT A RENEGOTIATION OF A SERVICE CONTRACT. AS A CONDITION OF THE CONTRACT, CERTAIN PRIOR PERIOD GIFTS RECORDED AS INCOME MUST NOW BE AMORTIZED ON A STRAIGHT-LINE BASIS AND RECOGNIZED OVER THE LIFE OF THE SERVICE CONTRACT. Form 990, Part XI, Line 9 Change in Interest Rate Swap $2,753,829. 1924 HOLDINGS LLC ONE UNIVERSITY PARKWAY HIGH POINT NC 27268 900660924 RENTAL NC 1038736 17592494 HIGH POINT UNIVERSITY LONGLEAF PINE REALTY LLC 101 NORTH TRYON STREET SUITE 1900 CHARLOTTE NC 28246 REAL ESTATE PURCHASES NC 0 0 HIGH POINT UNIVERSITY OLYMPUS REALTY LLC 101 NORTH TYRON STREET SUITE 1900 CHARLOTTE NC 28246 REAL ESTATE PURCHASES NC 0 0 HIGH POINT UNIVERSITY LILY PAD INVESTORS LLC P O BOX 1550 HIGH POINT NC 27261 REAL ESTATE PURCHASES NC 0 0 HIGH POINT UNIVERSITY