2020-02-10T13:17:17-06:00 2019-05-31 420714325 RSM US LLP 19026 RIDGEWOOD PARKWAY SUITE 400 SAN ANTONIO TX 78259 990 2018-06-01 741109748 TEXAS LUTHERAN UNIVERSITY TEXA 8303728011 1000 WEST COURT STREET SEGUIN TX 78155 ANDREW NELSON VP FOR FINANCE & ADMINISTRATION 8303728011 2020-02-05 1 JOSEPHINE BEHREND P00715390 2108286281 66.98.98.134 2020-02-05 11:44:29 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 41CC6A04A0DE7FF40B155173CE262DCBE8CF21CD 2018 2020-09-23 17:36:50Z ANDREW NELSON 1000 WEST COURT STREET SEGUIN TX 78155 74579026 0 9386 X WWW.TLU.EDU X 1891 TX TEXAS LUTHERAN UNIVERSITY IS A COMMUNITY OF LEARNING AND A COMMUNITY OF FAITH. SEE FORM 990, PART III, LINE 1 FOR CONTINUATION OF MISSION STATEMENT. 26 26 936 150 0 -2864 9116572 9266363 47561916 47794045 3148637 1994048 565881 542504 60393006 59596960 24961054 25786734 0 0 21118804 21709524 0 0 1092389 16790723 16038618 62870581 63534876 -2477575 -3937916 175570202 166654069 46511244 43058329 129058958 123595740 X TEXAS LUTHERAN UNIVERSITY IS A COMMUNITY OF LEARNING AND A COMMUNITY OF FAITH. SEE SCHEDULE O FOR CONTINUATION OF MISSION STATEMENT. 1 0 40771328 25786734 39695552 INSTRUCTION (WHICH INCLUDES ALL EXPENSES FOR TEACHING) AND ACADEMIC SUPPORT (WHICH INCLUDES ACTIVITIES THAT SUPPORT TEACHING). TLU IS AN UNDERGRADUATE UNIVERSITY OF THE LIBERAL ARTS, SCIENCES, AND PROFESSIONAL STUDIES WITH A DIVERSE STUDENT BODY OF APPROXIMATELY 1,400 STUDENTS. TLU ALSO OFFERS A MASTER'S DEGREE IN ACCOUNTING, A MASTER'S DEGREE IN ATHLETIC TRAINING, AND A MASTER'S DEGREE IN DATA ANALYTICS. CLASSES AVERAGE FEWER THAN 20 STUDENTS. APPROXIMATELY 95% OF TLU STUDENTS RECEIVE FINANCIAL ASSISTANCE. 7589379 1149550 STUDENT SERVICES INCLUDES STUDENT ACTIVITIES, ATHLETICS, FINANCIAL AID, HEALTH CENTER AND OTHER STUDENT-RELATED SUPPORT SERVICES. 5530411 7269993 AUXILIARY SERVICES INCLUDES THE OPERATION OF THE DINING HALL, RESIDENCE LIFE, AND CAMPUS BOOKSTORE. 53891118 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 1 0 0 0 1 227 0 936 1 0 1 CJ 0 0 0 0 0 0 0 0 0 0 X 26 26 0 0 1 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AK CO NH NV OR SC WA X ANDREW NELSON VP FOR FINANCE ADM 8303728011 1000 WEST COURT STREET SEGUIN TX 78155 MIKE APPLING REGENT 1.00 X 0 0 0 GLYNN BLOOMQUIST REGENT, SECRETARY 1.00 X X 0 0 0 NANCY BRELAND REGENT (UNTIL 12/18) 1.00 X 0 0 0 DAN CHURCH REGENT 1.00 X 0 0 0 BETSY CLARDY REGENT 1.00 X 0 0 0 CHRIS CLAUS REGENT (UNTIL 9/18) 1.00 X 0 0 0 MICHAEL COFFEY REGENT 1.00 X 0 0 0 SARAH ELLIS REGENT (UNTIL 12/18) 1.00 X 0 0 0 SUSAN EVERS REGENT 1.00 X 0 0 0 CHARLES B FRANKS REGENT (MEMBER-AT-LARGE) 1.00 X 0 0 0 ILENE GOHMERT-LECK REGENT, TREASURER 1.00 X X 0 0 0 DEMETRIUS HARDEMAN REGENT 1.00 X 0 0 0 GARY KOLKHORST REGENT 1.00 X 0 0 0 VERNE LUNDQUIST REGENT 1.00 X 0 0 0 RICHARD MANSKE REGENT 1.00 X 0 0 0 NANCY MAY REGENT 1.00 X 0 0 0 ROBIN MELVIN REGENT 1.00 X 0 0 0 KENDRA MOHN REGENT 1.00 X 0 0 0 LUIS JAIME MORENO REGENT 1.00 X 0 0 0 LAURA O'DONNELL REGENT 1.00 X 0 0 0 BOB OLIVER REGENT 1.00 X 0 0 0 WES PEOPLES REGENT, VICE CHAIR 1.00 X X 0 0 0 RUSS RINN REGENT (MEMBER-AT-LARGE) 1.00 X 0 0 0 XAVIER RODRIGUEZ REGENT (UNTIL 12/18) 1.00 X 0 0 0 JAIRO ROMERO REGENT (MEMBER-AT-LARGE) 1.00 X 0 0 0 ANN SAEGERT REGENT (UNTIL 12/18) 1.00 X 0 0 0 DAVE SATHER REGENT 1.00 X 0 0 0 GARY VALDEZ REGENT 1.00 X 0 0 0 BETH WARPMAEKER REGENT 1.00 X 0 0 0 MIKE WASHINGTON REGENT 1.00 X 0 0 0 LEWIS F WESTERMAN REGENT, CHAIR 4.00 X X 0 0 0 DR STUART DORSEY PRESIDENT 40.00 1.00 X 270641 0 46201 JOHN ANDREW NELSON VP FOR FINANCE & ADMINISTRATION 40.00 1.00 X 151399 0 15376 DEBBIE COTTRELL VP FOR ACADEMIC AFFAIRS 40.00 X 148726 0 14562 KRISTI GOLD QUIROS VP & DEAN STUDENT LIFE/LEARNING 40.00 X 128930 0 13834 PAMELA RENEE REHFELD VP FOR DEVELOPMENT 40.00 1.00 X 113447 0 21110 RICK ROBERTS VP FOR DEVELOPMENT (UNTIL 01/18) 40.00 X 17817 0 1570 SARAH STORY VP FOR ENROLLMENT, MARKETING & COMMUNICATIONS 40.00 X 136680 0 17646 REZA ABBASIAN PROFESSOR 40.00 X 107837 0 10751 WILLIAM SENTER DIRECTOR OF INFORMATION TECHNOLOGY 40.00 X 125673 0 13703 1201150 0 154753 8 0 1 0 SODEXO INC & AFFILIATES PO BOX 536922 ATLANTA GA 303536922 FOOD SERVICE 2432612 BARTLETT COCKEKOEHLER 1404 N CAMP ST SEGUIN TX 78155 CONSTRUCTION 1052436 TRANE US INC PO BOX 406469 ATLANTA GA 303846469 HVAC 464150 BRILEY DESIGN GROUP 101 W RENNER RD RICHARDSON TX 75082 PRINTING 271154 CAMBRIDGE ASSOCIATES PO BOX 83232 CHICAGO IL 606910232 CONSULTANT FIRM 225000 9 115808 82521 3500400 5567634 1123741 9266363 TUITION AND FEES 611600 39695552 39695552 AUXILIARY ENTERPRISES 611600 6906546 6906546 OTHER REVENUE 611600 1149550 1149550 CONFERENCE REVENUE 611600 42397 42397 47794045 1614328 1614328 257283 257283 14617978 14238258 379720 379720 379720 55572 115808 91401 -35829 -35829 973457 652407 321050 321050 59596960 48115095 0 2215502 25786734 25786734 1155317 1155317 16206077 13099721 2516147 590209 637714 504387 103822 29505 2514566 1868978 550603 94985 1195850 925465 228865 41520 13062 13062 75960 75960 225000 225000 2091957 1434868 547473 109616 227116 72261 153017 1838 1405572 1075642 247456 82474 1619992 1315104 297596 7292 3486287 3284271 122033 79983 1160484 10830 1149594 60 3323986 2720986 587913 15087 290086 28963 261123 BOOKS/SUBSCRIPTIONS/SOF 883121 667502 180801 34818 EQUIPMENT RENTAL AND MA 670193 409877 258448 1868 EQUIPMENT 280769 254411 23833 2525 MISCELLANEOUS 188222 335532 -147669 359 96811 95586 975 250 63534876 53891118 8551369 1092389 91777 52720 304424 568249 2049001 1345623 532199 558968 3338272 2857873 331609 257902 1776001 1705070 125413662 61503166 65366415 63910496 51608969 48777158 49661445 45253851 510090 1366159 175570202 166654069 4328858 4190224 1642260 1596155 26457211 25234337 3825182 1485588 4000000 3000000 6257733 7552025 46511244 43058329 X 47727232 43192085 16594261 13308727 64737465 67094928 129058958 123595740 175570202 166654069 X -3937916 -1654218 128916 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 0 85682475 1330276 -50587 2881830 1374037 2703958 80002339 82042326 2283716 6028781 2648949 1342711 680688 85682475 75473690 2524062 8761680 2673223 1333680 710203 82042326 80440255 1726811 -1746847 2728230 1454147 764152 75473690 81067000 1535851 1480661 2481227 416842 745188 80440255 0.23370 0.65020 0.11610 1 1 0 4500 3975030 3979530 77066857 34570342 42496515 25606137 10945327 14660810 18381745 15987497 2394248 379393 379393 63910496 ALTERNATIVE INVESTMENTS 28681436 F ENDOWMENT FUND AND BENEFICIAL INT TRUSTS 13364935 C MINERAL RIGHTS AND ROYALTIES 1594962 F SHORT-TERM INVESTMENTS 1612518 F 45253851 ADVANCES FROM US GOV'T FOR STUDENT LOANS 3223916 LIABILITIES RELATED TO SPLIT-INTEREST AGREEMENTS 2984740 ASSET RETIREMENT OBLIGATION 993629 LEASE LIABILITIES 349740 7552025 X 55347947 -1654217 23416938 21762721 33585226 225000 25786734 26011734 59596960 38264918 743809 743809 37521109 225000 25788767 26013767 63534876 PART III, LINE 4: THE UNIVERSITY ACCEPTS ARTWORK, ARTIFACTS OR SIMILAR ITEMS FROM DONORS IF SUCH ITEMS PROVIDE A DECORATIVE OR ACADEMIC PURPOSE. AS SUCH, THESE ITEMS MAY BE UTILIZED AS DECORATIONS OR INFORMATIVE EXHIBITS WITHIN THE UNIVERSITY LIBRARY AND ACADEMIC BUILDINGS. WHILE THE UNIVERSITY ACCOUNTS FOR SUCH ITEMS IN TERMS OF INSURING THE CONTENTS OF UNIVERSITY BUILDINGS, THESE COLLECTIONS ARE NOT VALUED AS ASSETS ON THE FINANCIAL STATEMENTS. PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 660 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE GOVERNING BOARD TO FUNCTION AS ENDOWMENTS. THE UNIVERSITY'S OBJECTIVE IS TO MAINTAIN THE PURCHASING POWER OF ENDOWMENT ASSETS HELD IN PERPETUITY OR FOR A SPECIFIED TERM AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. PART X, LINE 2: THE UNIVERSITY 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 UNIVERSITY FOR UNCERTAIN TAX POSITIONS AS OF MAY 31, 2019 AND 2018. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGES IN SPLIT-INTEREST AGREEMENTS 128,916. BOOKSTORE EXPENSES 652,407. FUNDRAISING EXPENSES 91,402. WESTON RANCH FOUNDATION-INHERENT CONTRIBUTION 22,464,386. WESTON RANCH FOUNDATION-REVENUE 79,827. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 25,786,734. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOKSTORE EXPENSES 652,407. FUNDRAISING EXPENSES 91,402. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 25,786,734. WESTON RANCH FOUNDATION-CHARITABLE DONATIONS 2,033. PART XI AND PART XII: THE CONSOLIDATED FINANCIAL STATEMENTS INCLUDE THE ACCOUNTS OF TLU AND THE WESTON RANCH FOUNDATION. THE PURPOSE OF THE FOUNDATION IS TO CONDUCT SUPPORTING ACTIVITIES FOR TLU IN CONNECTION WITH ITS ENVIRONMENTAL PROGRAMS, CAMPUS MINISTRIES AND COMMUNITY RELATIONS. THE FOUNDATION IS NOT INCLUDED IN TLU'S FORM 990 BECAUSE IT FILES A SEPARATE FORM 990. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 PRINT MEDIA INCLUDING ANNUAL CATALOG STATING "TEXAS LUTHERAN UNIVERSITY IS OPEN TO ALL PERSONS COMMITTED TO AND PREPARED FOR A QUALITY EDUCATION WITHOUT REGARD TO RACE, AGE, SEX, COLOR, NATIONAL ORIGIN, RELIGION, DISABILITY OR SEXUAL ORIENTATION." SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES FINANCIAL AID FROM THE FOLLOWING GOVERNMENTAL AGENCIES: TEXAS HIGHER EDUCATION COORDINATING BOARD UNITED STATE DEPARTMENT OF EDUCATION FRONT ROW ATHLETICS FUNDRAISER 171380 115808 55572 75206 16195 171380 115808 55572 75206 16195 91401 -35829 1 FEDERAL AND STATE GRANTS AND INSTITUTIONAL SCHOLARSHIPS AWARDED TO STUDENTS 1422 25786734 N/A N/A PART I, LINE 2: TLU FOLLOWS THE RULES AND REGULATIONS IN TERMS OF PROCEDURES PROVIDED BY THE U.S. DEPARTMENT OF EDUCATION. PRIVATE GRANTS ARE HANDLED BY DEVELOPMENT AND FINANCIAL SERVICES AND ALL REQUIRED REPORTS ARE SUBMITTED TO THE TEXAS HIGHER EDUCATION COORDINATING BOARD AND APPROPRIATE AGENCIES. ADDITIONALLY, TLU UNDERGOES AN AUDIT AS SET FORTH IN THE SINGLE AUDIT ACT AND OMB CIRCULAR A-133. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 DR STUART DORSEY PRESIDENT 270641 0 0 0 0 0 38852 0 7349 0 316842 0 0 0 JOHN ANDREW NELSON VP FOR FINANCE & ADMINISTRATION 151399 0 0 0 0 0 9367 0 6009 0 166775 0 0 0 DEBBIE COTTRELL VP FOR ACADEMIC AFFAIRS 148726 0 0 0 0 0 9256 0 5306 0 163288 0 0 0 SARAH STORY VP FOR ENROLLMENT, MARKETING & COMMU 136680 0 0 0 0 0 8565 0 9081 0 154326 0 0 0 PART I, LINE 1A THE PRESIDENT RESIDES IN A HOME ON CAMPUS AS PART OF THE EMPLOYMENT CONTRACT. THE PRESIDENT ALSO RECEIVES MAID SERVICES FOR THE HOUSE. PART I, LINE 1B THE ORGANIZATION FOLLOWS A WRITTEN POLICY PAYMENT ON REIMBURSEMENT OF ALL EXPENSES. A CITY OF OLMOS PARK TX HIGHER ED FACILITIES CORP 741109748 2011-04-21 10000000 CONSTRUCTION OF NEW RESIDENCE HALL 0 0 0 B CITY OF OLMOS PARK TX HIGHER ED FACILITIES CORP 741109748 2013-04-30 10000000 TO REFUND OUTSTANDING OBLIGATIONS OF SERIES 2004 BOND 0 0 0 C CITY OF OLMOS PARK TX HIGHER ED FACILITIES CORP 741109748 2016-11-29 9875000 TO REFUND OUTSTANDING OBLIGATIONS OF SERIES 2007 BOND, HVAC EXPANSION PROJ. 0 0 0 A 2345000 10016405 133600 9882805 2012 0 0 1 1 B 1710000 10000000 9865500 134500 0 1 1 1 C 315000 9875000 5090000 152699 2632301 2000000 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 A 0 B 0 C 0 LEWIS F WESTERMAN BOARD OF REGENTS, CHAIR 0 BROTHERS DUANE AND ALLEN WESTERMAN SERVE AS FINANCIAL ADVISORS TO TLU ON BOND FINANCING MATTERS. A BOND ISSUANCE OCCURRED 11/2016. 0 RUSSELL RINN BOARD OF REGENTS 0 MR. RINN OWNS AN INTEREST IN THE KOEHLER COMPANY, WHICH PROVIDES CONSTRUCTION SERVICES TO TLU. KOEHLER COMPANY IS ALSO A PARTNER IN BARTLETT-COCKE/KOEHLER WHO ALSO PROVIDES CONSTRUCTION SERVICES TO TLU. 0 STUART DORSEY PRESIDENT 41930 WIFE, MICHELLE DORSEY, IS EMPLOYED BY TLU. 0 X 11 1116369 FAIR MARKET VALUE X OTHER 12 7372 FAIR MARKET VALUE 0 0 1 0 FORM 990, PART III, LINE 2 ON DECEMBER 7, 2018, THE UNIVERSITY OBTAINED MAJORITY VOTING RIGHTS ON THE BOARD OF DIRECTORS FOR THE WESTON RANCH FOUNDATION. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, THE WESTON RANCH FOUNDATION WAS CONSIDERED TO BE ACQUIRED BY THE UNIVERSITY. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION (CONT): AS A COMMUNITY OF LEARNING, THE UNIVERSITY STRESSES THE LIBERATING POTENTIAL OF THE DISCIPLINED PURSUIT OF ACADEMIC EXCELLENCE WITHIN THE CONTEXT OF ACADEMIC FREEDOM. ITS FACULTY AND STAFF SEEK TO ENGAGE EACH STUDENT IN A PROCESS OF SELF-EDUCATION WHICH WILL ASSIST HIM OR HER IN DEVELOPING AS AN INFORMED AND RESOURCEFUL PERSON IN TODAY'S RAPIDLY CHANGING WORLD. IT PROVIDES AN ACADEMIC PROGRAM BASED UPON THE TRADITION OF THE LIBERAL ARTS AND DESIGNED TO SERVE A DIVERSIFIED COMMUNITY. AS A COMMUNITY OF FAITH, THE UNIVERSITY CELEBRATES THE LIBERATING POWER OF GOSPEL AS APPLIED TO THE WHOLE OF HUMAN LIFE. THE BIBLICAL VISION OF THE WORLD AS CREATED, JUDGED, REDEEMED AND FULFILLED BY GOD IN CHRIST IS RICH IN SIGNIFICANCE FOR THE WORK AND HOPES OF PERSONS TODAY. IT IS THE UNIQUE PRIVILEGE AND RESPONSIBILITY OF THE CHRISTIAN UNIVERSITY TO EXPLORE THESE IMPLICATIONS FREELY AND BOLDLY. THUS IT LEADS THE CHURCH TO FACE THE CHALLENGE OF NEW INSIGHTS AND TO FORMULATE FRESH MEANS OF CREATIVE SERVICE. AS AN INSTITUTION OF THE CHURCH, THE UNIVERSITY PROVIDES AN EDUCATION IN THE ARTS AND SCIENCES WHICH IS GIVEN PERSPECTIVE BY THE CHRISTIAN FAITH. THIS FUNCTION IS CARRIED OUT THROUGH AN UNDERGRADUATE CURRICULUM LEADING TO THE BACHELOR'S DEGREE, A DIVERSE CONTINUING EDUCATION PROGRAM, AND A VARIETY OF CO-CURRICULAR PROGRAMS. THE UNIVERSITY ENCOURAGES STUDENTS TO PARTICIPATE IN SERVICE WORK TIED TO REFLECTIVE DISCUSSIONS ABOUT ITS PLACE IN THEIR LIVES. IN WORKING TO BRING LEARNING AND FAITH INTO INTIMATE RELATIONSHIP, TEXAS LUTHERAN UNIVERSITY IS DISCOVERING AFRESH THAT EACH CAN STRENGTHEN, CLARIFY AND ENRICH THE OTHER. MEN AND WOMEN WHO LIVE AND WORK IN THESE CONTEXTS FIND THEIR OWN PURPOSES ENLARGED AND DEEPENED. A COMPASSION BORN OF FAITH AND A COMPETENCE INFORMED BY LEARNING SHAPE THE MISSION OF THE UNIVERSITY IN THIS DAY. (ADOPTED IN 1967; REVISED IN 1979 AND 1998). FORM 990, PART VI, SECTION A, LINE 4 THE BOARD OF REGENTS OF TEXAS LUTHERAN UNIVERSITY APPROVED REVISIONS OF THEIR BYLAWS TO INCLUDE ARTICLE NINE, INDEMNIFICATION, IN OCTOBER 2018. THIS REVISION WAS RELATED TO THE UNIVERSITY'S RELATIONSHIP WITH THE WESTON RANCH FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A TEXAS LUTHERAN UNIVERSITY CORPORATION - TEXAS LUTHERAN UNIVERSITY IS A UNIVERSITY OF THE EVANGELICAL LUTHERAN CHURCH OF AMERICA (ELCA). IT IS A NON-PROFIT CORPORATION OF THE STATE OF TEXAS. THE NORTHERN TEXAS-NORTHERN LOUISIANA, SOUTHWESTERN TEXAS, AND TEXAS-LOUISIANA GULF COAST SYNODS OF THE ELCA EACH ELECT NINE MEMBERS OF THE CORPORATION. THE BOARD OF REGENTS ALSO ELECTS NINE MEMBERS OF THE CORPORATION, AND THE BISHOPS OF THE THREE SYNODS ARE EX OFFICIO MEMBERS. THE CORPORATION, WHICH MEETS ANNUALLY ON CAMPUS, ELECTS THE MEMBERS OF THE BOARD OF REGENTS AND HAS THE AUTHORITY TO AMEND THE UNIVERSITY'S ARTICLES OF INCORPORATION AND BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE VICE PRESIDENT OF FINANCE REVIEWS THE FORM 990 AND EMAILS AN ELECTRONIC COPY OF THE RETURN TO THE BOARD OF REGENTS FOR THEIR REVEIW. THE BOARD IS GIVEN ONE WEEK TO PROVIDE COMMENTS. AT THE END OF THE COMMENT PERIOD ANY REQUESTED CHANGES ARE MADE AND THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, BOARD MEMBERS SIGN A CONFLICT OF INTEREST STATEMENT. WE HAVE SUCH STATEMENTS SIGNED BY EVERY MEMBER OF THE BOARD. IF THERE IS A CONFLICT OF INTEREST, THE BOARD IS MADE AWARE OF THIS AND THE BOARD MEMBER INVOLVED DOES NOT SPEAK OR VOTE ON THOSE RELATED ISSUES. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING COMPENSATION FOR THE ORGANIZATION'S CEO, EXECUTIVE DIRECTOR, AND TOP MANAGEMENT OFFICIAL INCLUDE A REVIEW AND APPROVAL BY THE BOARD OF REGENTS. THE COMPENSATION COMMITTEE REVIEWS THE PRESIDENT'S COMPENSATION AND MAKES A RECOMMENDATION TO THE BOARD OF REGENTS. COMPENSATION FOR OTHER INDIVIDUALS ARE SET AT THE PRESIDENT'S DISCRETION. FORM 990, PART VI, SECTION C, LINE 18 THREE YEARS OF 990 IS AVAILABLE ON WEBSITE. 990-T IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGES IN SPLIT-INTEREST AGREEMENTS 128,916. FORM 990, PART IV, LINE 12, AUDITED FINANCIAL STATEMENTS: THE FINANCIAL STATEMENTS WERE AUDITED BY AN INDEPENDENT ACCOUNTANT. THE ORGANIZATION DOES HAVE A COMMITTEE THAT IS RESPONSIBLE UNDER ITS GOVERNING DOCUMENTS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. WESTON RANCH FOUNDATION 1000 W COURT ST SEGUIN TX 78155 710932352 SUPPORT TEXAS LUTHERAN UNIVERSITY TX 501(C)(3) LINE 12A, I TEXAS LUTHERAN UNIVERSITY 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 WESTON RANCH FOUNDATION C 82521 CASH