2020-05-14T14:16:22-05:00 2019-06-30 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2018-07-01 250717890 CHATHAM UNIVERSITY CHAT 4123651100 WOODLAND ROAD PITTSBURGH PA 15232 WALTER FOWLER SENIOR VP FINANCE & ADMIN 4123651100 2020-05-12 1 SUSAN M KIRSCH P00341397 4122613644 73.174.38.9 2020-05-12 10:11:23 ED P FF2A738CCB7A11A6C50F471CF34A8BF011F0D4FD CEAE0638BBD52A7558A7782AC07DC71993A9B73F 2018 2020-09-23 17:36:50Z DR DAVID L FINEGOLD WOODLAND ROAD PITTSBURGH PA 15232 154581233 0 X WWW.CHATHAM.EDU X 1869 PA PROVISION OF UNDERGRADUATE AND GRADUATE EDUCATION. 31 28 1695 500 25415 0 6796339 7880781 66295757 74344645 4608678 6256524 -234656 -368473 77466118 88113477 18495179 20721460 0 0 34330819 36519095 0 0 1333194 28026135 30436890 80852133 87677445 -3386015 436032 221154903 217898263 86661132 84001802 134493771 133896461 X CHATHAM UNIVERSITY PREPARES WOMEN AND MEN TO BE WORLD READY: TO BUILD LIVES OF PURPOSE AND VALUE AND FULFILLING WORK. IN ADDITION TO APPROPRIATE PROFESSIONAL SKILLS AND LIBERAL ARTS LEARNING, CHATHAM BELIEVES THAT WORLD READINESS MEANS BEING AN INFORMED AND ENGAGED CITIZEN IN ONE'S COMMUNITIES; RECOGNIZING AND RESPECTING DIVERSITY OF CULTURE, IDENTITY AND OPINION; AND LIVING SUSTAINABLY ON THE PLANET. 0 0 66213710 20721460 65987966 ACADEMIC AND INSTRUCTIONAL EDUCATION: SEE SCHEDULE OACADEMIC AND INSTRUCTIONAL EDUCATION: ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION, CHATHAM UNIVERSITY IS A COED INSTITUTION THAT GRANTS BACHELOR, MASTER AND DOCTORATE LEVEL DEGREES THROUGH FOUR DISTINCTIVE SCHOOLS AND COLLEGES: THE FALK SCHOOL OF SUSTAINABILITY & ENVIRONMENT (HOUSED WITHIN OUR EDEN HALL CAMPUS, THE WORLD'S FIRST CAMPUS BUILT FROM THE GROUND UP FOR THE STUDY OF SUSTAINABILITY), THE SCHOOL OF HEALTH SCIENCES, THE SCHOOL OF ARTS, SCIENCE AND BUSINESS AND THE SCHOOL OF CONTINUING AND PROFESSIONAL STUDIES. STUDENTS CAN CHOOSE FROM OVER 40 UNDERGRADUATE MAJORS AND OVER 20 MASTERS AND DOCTORAL PROGRAMS, AND ONLINE COURSES OF STUDY. THE UNIVERSITY'S TOTAL ENROLLMENT AS OF FALL 2019 WAS 2,437 STUDENTS.STUDENT AND COMMUNITY SERVICES: CHATHAM UNIVERSITY STRIVES TO DEVELOP THE WHOLE STUDENT - BOTH IN AND OUTSIDE THE CLASSROOM. WE OFFER ON AND OFF-CAMPUS OPPORTUNITIES FOR PROFESSIONAL SKILL-BUILDING AND EXPERIENTIAL LEARNING. INTERNSHIPS AND MENTORSHIPS OFFER SUPPORT AND OUR INNOVATIVE FOUR PHASES TO YOUR FUTURE WORKS WITH STUDENTS STARTING IN THEIR FIRST YEAR TO EXPLORE THEIR INTERESTS AND PURSUE THEIR GOALS. STUDENT AFFAIRS PLAY AN INTEGRAL ROLE IN HELPING OUR STUDENTS ENHANCE THEIR PHYSICAL, MENTAL, AND SOCIAL WELL-BEING. STUDENTS HAVE A VARIETY OF OPPORTUNITIES HIGHLIGHTED IN THE ANNUAL ACTIVITIES CALENDAR FEATURING OVER 300 EVENTS AND HAPPENINGS THROUGHOUT THE YEAR. CHATHAM OFFERS A NCAA DIVISION III ATHLETIC PROGRAM FEATURING TWENTY VARSITY SPORTS (TEN WOMEN'S, NINE MEN'S AND ONE CO-ED), ANCHORED OUT OF OUR IMPRESSIVE 78,000 SQUARE FOOT ATHLETIC AND FITNESS CENTER. STUDENTS LIVING ON CAMPUS ARE WELCOMED INTO A LIVING AND LEARNING ENVIRONMENT WHERE WELLNESS AND A STRONG SENSE OF COMMUNITY PREVAIL. CHATHAM HAS BEEN SELECTED AS ONE OF ONLY 26 UNIVERSITIES FOR THE 2020 PRINCETON REVIEW'S GREEN HONOR ROLL, WHICH RECOGNIZES THE MOST ENVIRONMENTALLY RESPONSIBLE COLLEGES ACROSS THE UNITED STATES. CHATHAM EARNED A PERFECT GREEN RATING SCORE 99 OUT OF 99, WHICH MEASURES "A SCHOOL'S PERFORMANCE AS AN ENVIRONMENTALLY AWARE AND PREPARED INSTITUTION"CHATHAM UNIVERSITY HAS BEEN ADMITTED TO THE PRESIDENT'S HIGHER EDUCATION COMMUNITY SERVICE HONOR ROLL FOR ENGAGING ITS STUDENTS, FACULTY, AND STAFF IN MEANINGFUL SERVICE THAT ACHIEVES MEASURABLE RESULTS IN THE COMMUNITY. A HEALTH AND COUNSELING CENTER ASSISTS STUDENTS IN NEED AND PROVIDES AN OPPORTUNITY FOR STUDENTS TO BETTER THEMSELVES THROUGH MANY PROGRAMS AND SERVICES.LIBRARY SERVICES: THE JENNIE KING MELLON LIBRARY HAS ADDED NEW RESOURCES THAT SUPPORT THE LEARNING AND TEACHING MISSION OF CHATHAM UNIVERSITY, INCLUDING A NUMBER OF FULL-TEXT JOURNAL DATABASES. THE LIBRARY STAFF CONTINUES TO DEVOTE SIGNIFICANT AMOUNTS OF TIME TORESEARCH CONSULTATIONS. THE ARCHIVE COLLECTION HAS BENEFITTED FROM ENDOWED SUPPORT AND INCREASED STAFF HOURS TO AID IN DOCUMENTATION, ORGANIZATION, AND PRESERVATION. 6603210 8356679 AUXILIARY SERVICES: SEE SCHEDULE OIN MAY 2008, THE UNIVERSITY RECEIVED THE 388-ACRE EDEN HALL FARM CAMPUS AS A GIFT FROM THE EDEN HALL FOUNDATION. LOCATED NORTH OF PITTSBURGH IN RICHLAND TOWNSHIP AND APPROXIMATELY 45 MINUTES FROM CHATHAM'S HISTORIC SHADYSIDE CAMPUS, EDEN HALL CAMPUS IS HOME TO OUR FALK SCHOOL OF SUSTAINABILITY & ENVIRONMENT, AND OFFERS UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS AS WELL AS PROGRAMMING FOR THE SURROUNDING COMMUNITIES.THE UNIVERSITY OWNS THE OLDEST CIVIL WAR-ERA HOME ON FIFTH AVENUE, THE HOWE-CHILDS GATE HOUSE, WHICH NOW SERVES AS A GUEST HOUSE FOR UNIVERSITY VISITORS AS WELL AS HEADQUARTERS FOR THE CAMPUS ARBORETUM. THE UNIVERSITY IS HOME TO THE OLKES COLLECTION OF AFRICAN ART, ONE OF THE MOST SIGNIFICANT COLLECTIONS OF AFRICAN TRIBAL ART IN THE TRISTATE REGION.THE UNIVERSITY HOSTS NUMEROUS EVENTS ON CAMPUS INCLUDING: PROGRAMS FOR WOMEN IN BUSINESS AND POLITICS SPONSORED BY THE CENTER FOR WOMEN'S ENTREPRENEURSHIP AND PENNSYLVANIA CENTER FOR WOMEN IN POLITICS; A NUMBER OF GLOBAL FOCUS EVENTS; AND VARIOUS PERFORMING AND VISUAL ARTS EVENTS HELD THROUGHOUT THE ACADEMIC YEAR THAT ARE FREE AND OPEN TO THE PUBLIC. 72816920 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 0 1 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 3116 0 1 1695 1 1 1 1 CJ 0 0 0 0 0 0 0 0 0 0 X 31 28 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA CA X X JENNIFER HOERSTER 4123651145 WOODLAND ROAD PITTSBURGH PA 15232 X G NICHOLAS BECKWITH III TRUSTEE 3.00 1.00 X 0 15000 0 BROOKS BROADHURST TRUSTEE 3.00 0.00 X 0 0 0 LOUISE R BROWN TRUSTEE 3.00 0.00 X 0 0 0 JANE BURGER TRUSTEE 3.00 0.00 X 0 0 0 ANNETTE CALGARO TRUSTEE 3.00 0.00 X 0 0 0 MARTHA H CARSON TRUSTEE 3.00 0.00 X 0 0 0 CARLA CASTAGNERO TRUSTEE 3.00 0.00 X 0 0 0 MICHELE RONE COOPER TRUSTEE 3.00 0.00 X 0 0 0 KATHI ELLIOT DNP TRUSTEE 3.00 0.00 X 0 0 0 SIGO FALK TRUSTEE 3.00 0.00 X 0 0 0 LAURA FISHER TRUSTEE 3.00 0.00 X 0 0 0 FREDDIE FU MD DSC HON TRUSTEE 3.00 0.00 X 0 0 0 STEPHEN H GREER TRUSTEE 3.00 0.00 X 0 0 0 DAVID M HALL TRUSTEE 3.00 0.00 X 0 0 0 SARAH JUGOVIC TRUSTEE 3.00 0.00 X 0 0 0 KOMAL KOODUVALLI TRUSTEE 3.00 0.00 X 0 0 0 JOANNE LAIPSON TRUSTEE 3.00 0.00 X 0 0 0 W DUFF MCCRADY TRUSTEE 3.00 0.00 X 0 0 0 JANE G MURPHY PHD TRUSTEE 3.00 0.00 X 0 0 0 STEPHANIE NOVOSEL TRUSTEE 3.00 0.00 X 0 0 0 SANDRA RADER DNP TRUSTEE 3.00 0.00 X 0 0 0 HENRY J SIMONDS TRUSTEE 3.00 0.00 X 0 0 0 MARY B TEMPLETON ESQ TRUSTEE 3.00 0.00 X 0 0 0 LEAH THOMPSON TRUSTEE (ENTERED 10/2018) 3.00 0.00 X 0 0 0 NANCY FOLLETT WAICHLER TRUSTEE 3.00 0.00 X 0 0 0 JENNIFER POTTER WINTON CHAIR 3.50 0.00 X X 0 0 0 ARADHNA OLIPHANT VICE CHAIR 3.50 0.00 X X 0 0 0 S MURRAY RUST III VICE CHAIR 3.50 0.00 X X 0 0 0 KENT MCELHATTAN TREASURER 3.50 0.00 X X 0 0 0 BONNIE WESTBROOK VANKIRK SECRETARY 3.50 0.00 X X 0 0 0 DAVID FINEGOLD PRESIDENT 70.00 0.00 X X 426404 0 88655 SEAN COLEMAN - VP OF PLANNING & ASSISTANT SECRETARY 60.00 0.00 X 133581 0 20647 WALTER B FOWLER SR. VP-FINANCE & ADMIN 60.00 0.10 X 264214 0 44711 DARLENE G MOTLEY DEAN, SCHOOL OF ARTS, SCIENCES 60.00 0.00 X 201605 0 37943 JENNA TEMPLETON VP OF ACADEMIC AFFAIRS 60.00 0.00 X 190975 0 36473 AMY BECHER VP FOR ENROLLMENT MANAGEMENT 60.00 0.00 X 167333 0 22869 PATRICIA DOWNEY DEAN, SCHOOL OF HEALTH SCIENCES 60.00 0.00 X 161258 0 22814 CAREY MILLER VP FOR UNIVERSITY ADVANCEMENT 60.00 0.00 X 177201 0 20650 WILLIAM T CAMPBELL VP MARKETING & COMMUNICATIONS 60.00 0.00 X 176655 0 35104 PAUL D STEINHAUS CIO, DIRECTOR OF INFO TECH 60.00 0.00 X 146700 0 31476 PETER WALKER - DEAN OF THE FALK SCHOOL FOR SUSTAINABILITY 40.00 0.00 X 214660 0 38971 ZAUYAH WAITE VP OF STUDENT AFFAIRS & DEAN OF STUDENTS 60.00 0.00 X 137581 0 32899 ANTHONY GORECZNY PROFESSOR OF HEALTH SCIENCES 60.00 0.00 X 127887 0 27600 2526054 15000 460812 37 0 1 0 PARKHURST DINING SERVICES PO BOX 644091 PITTSBURGH PA 15264 FOOD SERVICE 3155146 INSIGHT INVESTMENTS LLC 260 N CHARLES LINDGERG SALT LAKE CITY UT 84116 LEASING COMPANY 1347982 EAB GLOBAL INC (AKA ROYALL) PO BOX 603519 CHARLOTTE NC 28260 ENROLLMENT 1009266 SPLASH MEDIA LLC PO BOX 97806 PITTSBURGH PA 15227 ADVERTISING 559773 RICOH USA INC PO BOX 827577 PHILADELPHIA PA 19182 PRINT/COPY SERVICES 463284 33 267338 1030577 6582866 223496 7880781 TUITION AND FEES 900099 65987966 65987966 AUXILIARY ENTERPRISES 900099 8356679 8356679 74344645 1328558 34928 1293630 2798132 3166605 -368473 -368473 -9513 -358960 68196669 32448 63260320 40831 4936349 -8383 4927966 4927966 88113477 74344645 25415 5862636 24000 24000 20599170 20599170 98290 98290 2044653 1651203 330868 62582 27801982 22466958 4488710 846314 1927752 1621094 239396 67262 2657168 1875575 716891 64702 2087540 1711671 311827 64042 54546 54546 33297 33297 43633 43633 404979 135706 269273 7076534 2824476 4204151 47907 2140848 2053298 87550 856104 769401 4099 82604 951757 477393 474364 1765190 1715753 49437 89698 77401 11670 627 2284316 1772844 511472 6840915 5710123 1130792 264961 70696 194265 ACADEMIC DEPT PROGRAMS 3216999 3146517 70482 SUPPLIES EXPENSE 1734512 1650902 67036 16574 RENTAL EXPENSE 1678622 1614432 57360 6830 INTERNAL FOOD SERVICE 730697 706384 24313 269282 269282 87677445 72816920 13527331 1333194 13832178 7203452 3060184 3789081 2743133 2089592 578163 483919 489520 657499 213322475 93686799 122747209 119635676 47309483 53741252 25961723 25795389 4433310 4502403 221154903 217898263 6619064 8178686 1177147 1177147 6230234 4534417 57848400 56101501 5572297 4892316 9213990 9117735 86661132 84001802 X 33944433 28018739 100549338 105877722 134493771 133896461 221154903 217898263 436032 -1033342 0 X X 0 1 X 1 1 1 X 6271722 6855135 5079922 6796339 7880781 32883899 6271722 6855135 5079922 6796339 7880781 32883899 784697 32099202 4621083 4465123 3720966 4087476 4031834 20926482 53810381 306765024 0.59650 0.48960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 43633 43633 87633812 87677445 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 46111 60000 47534 43633 197278 250000 250000 250000 250000 1000000 1500000 X X X 0 84915225 1435654 3345842 1068315 2172813 319324 86136269 81976069 1375802 6856311 1036747 3974618 281592 84915225 79022026 940819 7704769 1028704 4407788 255053 81976069 88198856 773289 -408649 995378 8408212 137880 79022026 89076110 390759 2691612 928220 2880720 150685 88198856 0.12340 0.00000 0.87660 1 0 10059927 10059927 164070675 164070675 5592971 5592971 33598902 33598902 93686799 -93686799 119635676 LIMITED PARTNERSHIPS 17161858 F HEDGE FUNDS 410403 F REAL ESTATE INVESTMENT FUND 8223128 F 25795389 CAPITAL LEASE OBLIGATION 9117735 9117735 X 69549280 -1033342 3166605 2133263 67416017 20697460 20697460 88113477 70146590 3166605 3166605 66979985 20697460 20697460 87677445 PART III, LINE 1A: THE UNIVERSITY'S COLLECTIONS INCLUDE PAINTINGS, PRINTS, PHOTOGRAPHS, SCULPTURES, DRAWINGS AND WATERCOLORS, AND DECORATIVE ARTS. THESE ITEMS ARE HELD FOR EDUCATIONAL, RESEARCH AND SCIENTIFIC PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS OPERATING EXPENDITURES IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS MAINTAINED AND HELD BY THE UNIVERSITY ARE NOT REFLECTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. PART III, LINE 4: THE UNIVERSITY'S COLLECTIONS INCLUDE PAINTINGS, PRINTS, PHOTOGRAPHS, SCULPTURES, DRAWINGS AND WATERCOLORS, AND DECORATIVE ARTS. THESE ITEMS ARE HELD FOR EDUCATIONAL, RESEARCH AND SCIENTIFIC PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS OPERATING EXPENDITURES IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS MAINTAINED AND HELD BY THE UNIVERSITY ARE NOT REFLECTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF VARIOUS INVESTMENT FUNDS ESTABLISHED PRIMARILY FOR THE SUPPORT OF ITS MISSION. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE BOARD OF TRUSTEES HAS ELECTED TO BE GOVERNED BY THE COMMONWEALTH OF PENNSYLVANIA'S ACT 141 (ACT 141). ACT 141 PERMITS ELECTION OF A TOTAL RETURN POLICY THAT ALLOWS A NONPROFIT TO CHOOSE TO TREAT A PERCENTAGE OF THE AVERAGE MARKET VALUE OF THE ENDOWMENT'S INVESTMENTS WITH DONOR RESTRICTIONS AS INCOME EACH YEAR. HOWEVER, THE LONG-TERM PRESERVATION OF THE REAL VALUE OF THE ASSETS MUST BE TAKEN INTO CONSIDERATION WHEN THE BOARD ELECTS THE AMOUNT. ON AN ANNUAL BASIS, THE BOARD OF TRUSTEES MUST ELECT, IN WRITING, A SPENDING RATE OF BETWEEN 2% AND 7%. FOR THE YEAR ENDED JUNE 30, 2019, THE UNIVERSITY UTILIZED A 6.0% SPENDING RATE, BASED ON A THREE-YEAR AVERAGE OF HISTORICAL ENDOWMENT MARKET VALUES. THE LAST FISCAL YEAR USED TO DETERMINE THE TRANSFER FOR THE FISCAL YEAR ENDED JUNE 30, 2019 WAS THE FISCAL YEAR ENDED JUNE 30, 2018. THE UNIVERSITY CLASSIFIES AS NET ASSETS WITH DONOR RESTRICTIONS THE ORIGINAL VALUE OF GIFTS DONATED TO THE ENDOWMENT AND THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE ENDOWMENT. THE UNDISTRIBUTED AMOUNTS EARNED ARE INCLUDED IN NET ASSETS WITH DONOR RESTRICTIONS. IN ACCORDANCE WITH ACT 141, THE UNIVERSITY HAS ADOPTED A WRITTEN INVESTMENT POLICY, OF WHICH A SECTION SPECIFICALLY RELATES TO THE ENDOWMENT. THE UNIVERSITY CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO SET A SPENDING RATE: 1. PROTECTING THE CORPUS OF THE ENDOWMENT FUND 2. PRESERVING THE SPENDING POWER OF THE ASSETS 3. OBTAINING MAXIMUM INVESTMENT RETURN WITH REASONABLE RISK AND OPERATIONAL CONSIDERATION 4. COMPLYING WITH APPLICABLE LAWS PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC AND HAS FURTHER BEEN DETERMINED TO BE A NONPRIVATE FOUNDATION UNDER SECTIONS 509(A)(1) AND 170(B)(1)(A)(II) OF THE IRC. ACCORDINGLY, NO PROVISION FOR TAXES HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE UNIVERSITY IS ALSO EXEMPT FROM STATE INCOME TAX UNDER APPLICABLE STATE STATUTES. CHATHAM INVESTMENTS LLC HAS BEEN ORGANIZED AS AN LLC, WHICH IS NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. HOWEVER, THE TAXABLE INCOME OR LOSS FROM THE RENEWABLE ENERGY MANAGEMENT ACTIVITIES OF CHATHAM INVESTMENTS LLC IS INCLUDED IN THE INCOME TAX RETURN OF THE UNIVERSITY. ACCORDINGLY, ANY INCOME FROM CHATHAM INVESTMENTS LLC THAT IS UNRELATED TO THE EXEMPT PURPOSES OF THE UNIVERSITY IS TREATED AS UNRELATED BUSINESS INCOME ON THE UNIVERSITY'S TAX RETURN. THE UNIVERSITY FOLLOWS THE CODIFICATION TOPIC ON INCOME TAXES. THE TOPIC PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN CONSOLIDATED FINANCIAL STATEMENTS. THE UNIVERSITY'S CONSOLIDATED STATEMENTS OF FINANCIAL POSITION AT JUNE 30, 2019 AND 2018 DO NOT INCLUDE ANY LIABILITIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS; FURTHER, THE UNIVERSITY HAS NO UNRECOGNIZED TAX BENEFITS. THE UNIVERSITY IS NO LONGER SUBJECT TO EXAMINATION OF ITS TAX RETURNS FOR YEARS BEFORE 2016. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 3,166,605. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT SCHOLARSHIPS/FINANCIAL AID 20,697,460. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 3,166,605. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT SCHOLARSHIPS/FINANCIAL AID 20,697,460. 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 RACIALLY NONDISCRIMINATORY POLICY IS REFERENCED IN PRINT DOCUMENTS AND IS PROMINENTLY DISCLOSED ON THE UNIVERSITY'S WEB PAGE. SCHEDULE E, PART I, LINE 6 CHATHAM UNIVERSITY RECEIVES VARIOUS GRANTS FROM GOVERNMENTAL AGENCIES TO FUND SCHOLARSHIPS AND EDUCATIONAL PROGRAM DEVELOPMENT. IN ADDITION, STUDENTS AT CHATHAM UNIVERSITY RECEIVE FEDERAL AND STATE SPONSORED FINANCIAL AID FOR PAYMENT OF TUITION AND FEES. 1 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS N/A 1234647 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 CHATHAM STUDY ABROAD PROGRAM (GREECE) EDUCATIONAL ACTIVITIES 85578 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 CHATHAM STUDY ABROAD PROGRAM (SPAIN) EDUCATIONAL ACTIVITIES 66557 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 CHATHAM STUDY ABROAD PROGRAM (IRELAND) EDUCATIONAL ACTIVITIES 65526 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 CHATHAM STUDY ABROAD PROGRAM (ECUADOR) EDUCATIONAL ACTIVITIES 8876 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 MFA FIELD SEMINAR EDUCATIONAL ACTIVITIES 26997 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 SCHOLARSHIP FOR STUDY ABROAD EDUCATIONAL ACTIVITIES 81046 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 SCHOLARSHIP FOR STUDY ABROAD EDUCATIONAL ACTIVITIES 17244 0 0 0 0 0 0 1586471 0 1586471 STUDY ABROAD SCHOLARSHIP EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 59 81046 STUDENT ACCOUNT N/A N/A STUDY ABROAD SCHOLARSHIP SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 9 17244 STUDENT ACCOUNT N/A N/A 1 0 1 1 1 0 PART I, LINE 2: THE OFFICES OF ENROLLMENT MANAGEMENT AND FINANCIAL AID OVERSEE THE AWARDING OF BOTH NEED-BASED FINANCIAL AID AND MERIT-BASED SCHOLARSHIPS. ONCE A STUDENT HAS COMPLETED THE FINANCIAL AID APPLICATION PROCESS AND IS FOUND ELIGIBLE FOR NEED-BASED AND/OR MERIT BASED AID, THE STUDENT WILL RECEIVE A FINANCIAL AID PACKAGE DETAILING THE COMBINATION OF SOURCES USED TO PROVIDE FINANCIAL ASSISTANCE. GRANT FUNDS AWARDED TO STUDENTS ARE APPLIED DIRECTLY TO THEIR STUDENT ACCOUNTS. USAGE IS MONITORED BY VIRTUE OF DIRECT ACCOUNT POSTING. 1 ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT 425 SIXTH AVENUE SUITE 1100 PITTSBURGH PA 152191811 250965213 501(C)(3) 16500 0 N/A N/A PROGRAM SUPPORT 1 0 EDUCATIONAL GRANTS AND SCHOLARSHIPS 1052 20599170 0 N/A N/A PART I, LINE 2: THE OFFICES OF ENROLLMENT MANAGEMENT AND FINANCIAL AID OVERSEE THE AWARDING OF BOTH NEED-BASED FINANCIAL AID AND MERIT-BASED SCHOLARSHIPS. ONCE A STUDENT HAS COMPLETED THE FINANCIAL AID APPLICATION PROCESS AND IS FOUND ELIGIBLE FOR NEED-BASED AND/OR MERIT BASED AID, THE STUDENT WILL RECEIVE A FINANCIAL AID PACKAGE DETAILING THE COMBINATION OF SOURCES USED TO PROVIDE FINANCIAL ASSISTANCE. GRANT FUNDS AWARDED TO STUDENTS ARE APPLIED DIRECTLY TO THEIR STUDENT ACCOUNTS. USAGE IS MONITORED BY VIRTUE OF DIRECT ACCOUNT POSTING. X X X X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 DAVID FINEGOLD PRESIDENT 406848 0 0 0 19556 0 57500 0 31155 0 515059 0 0 0 SEAN COLEMAN - VP OF PLANNING & ASSISTANT SECRETARY 132465 0 0 0 1116 0 13446 0 7201 0 154228 0 0 0 WALTER B FOWLER SR. VP-FINANCE & ADMIN 259321 0 0 0 4893 0 26559 0 18152 0 308925 0 0 0 DARLENE G MOTLEY DEAN, SCHOOL OF ARTS, SCIENCES 199263 0 0 0 2342 0 20556 0 17387 0 239548 0 0 0 JENNA TEMPLETON VP OF ACADEMIC AFFAIRS 189255 0 0 0 1720 0 19482 0 16991 0 227448 0 0 0 AMY BECHER VP FOR ENROLLMENT MANAGEMENT 166126 0 0 0 1207 0 16646 0 6223 0 190202 0 0 0 PATRICIA DOWNEY DEAN, SCHOOL OF HEALTH SCIENCES 159499 0 0 0 1759 0 16074 0 6740 0 184072 0 0 0 CAREY MILLER VP FOR UNIVERSITY ADVANCEMENT 176880 0 0 0 321 0 17849 0 2801 0 197851 0 0 0 WILLIAM T CAMPBELL VP MARKETING & COMMUNICATIONS 173281 0 0 0 3374 0 17917 0 17187 0 211759 0 0 0 PAUL D STEINHAUS CIO, DIRECTOR OF INFO TECH 144712 0 0 0 1988 0 15051 0 16425 0 178176 0 0 0 PETER WALKER - DEAN OF THE FALK SCHOOL FOR SUSTAINABILITY 211644 0 0 0 3016 0 21755 0 17216 0 253631 0 0 0 ZAUYAH WAITE VP OF STUDENT AFFAIRS & DEAN OF STUDENTS 136983 0 0 0 598 0 14135 0 18764 0 170480 0 0 0 ANTHONY GORECZNY PROFESSOR OF HEALTH SCIENCES 125939 0 0 0 1948 0 9750 0 17850 0 155487 0 0 0 PART I, LINE 1A BASIC EMPLOYEE BENEFITS (INCLUDING HEALTH BENEFITS, LIFE INSURANCE, AND LONG-TERM CARE INSURANCE) ARE REPORTED ON SCHEDULE J, PART II, COLUMN (D). AS A CONDITION OF THEIR EMPLOYMENT, DR. FINEGOLD AND DR. WAITE ARE REQUIRED TO RESIDE IN UNIVERSITY HOUSING. THE VALUE ATTRIBUTED TO THEIR PERSONAL SPACE IS ALSO REPORTED ON SCHEDULE J, PART II, COLUMN (D). EMPLOYER CONTRIBUTIONS TO THE UNIVERSITY'S 403(B) PLAN, ARE REPORTED IN COLUMN (C). AMOUNTS REPORTED IN COLUMN (B)(III) ALSO INCLUDE INTERNAL REVENUE CODE SECTION 132 BENEFITS PROVIDED BY THE UNIVERSITY TO THE PRESIDENT. THE UNIVERSITY DOES NOT PROVIDE THE PRESIDENT WITH AN EXPENSE ACCOUNT FOR PERSONAL USE. SPOUSAL TRAVEL IS LIMITED BY THE TERMS OF THE PRESIDENT'S EMPLOYMENT AGREEMENT. CLUB MEMBERSHIPS: IN ORDER THAT THE PRESIDENT MAY ENTERTAIN POTENTIAL DONORS AND OTHER BUSINESS ASSOCIATES OF THE UNIVERSITY, THE UNIVERSITY PAYS OR REIMBURSES THE PRESIDENT FOR, THE PERIODIC DUES FOR MEMBERSHIP IN THE DUQUESNE CLUB AND PITTSBURGH GOLF CLUB. DIRECT EXPENSES FOR UTILIZATION OF THE CLUBS ARE THE PRESIDENT'S RESPONSIBILITY, EXCEPT WHEN ATTRIBUTABLE TO UNIVERSITY BUSINESS. A MCKEESPORT INDUSTRIAL DEVELOPMENT AUTHORITY 251448115 2008-09-29 10000000 CAPITAL PURCHASES AND RENOVATIONS 0 0 0 B ALLEGHENY COUNTY HIGHER EDUCATION BUILDING AUTHORITY 251650137 2012-02-29 35870000 SEE DESCRIPTION IN PART VI FOLLOWING 0 0 0 C ALLEGHENY COUNTY HIGHER EDUCATION BUILDING AUTHORITY 251650137 2014-07-16 18000000 PHASE 1B CONSTRUCTION AT EDEN HALL CAMPUS 0 0 0 A 10000000 230035 800000 9200000 2009 0 0 1 1 B 6600000 35870000 2559375 230000 33080625 1 1 1 1 C 1955849 18000000 367054 10815860 6817086 0 0 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 A 1 0 0 0 0 0 B 0 0 0 0 1 0 0 0 0 C 0 0 0 0 0 0 0 0 0 A 0 B 0 C 0 SCHEDULE K, BOND ISSUE, BOND (B) ON FEBRUARY 29, 2012, ALLEGHENY COUNTY HIGHER EDUCATION BUILDING AUTHORITY ISSUED $35,870,000 AGGREGATE PRINCIPAL OF ITS UNIVERSITY REVENUE BONDS SERIES A OF 2012 ON BEHALF OF THE UNIVERSITY FOR THE PURPOSE OF CURRENT REFUNDING OF THE 1998 SERIES A BONDS AND 2002 SERIES A BONDS, AND THE CURRENT AND ADVANCE REFUNDING OF THE 2002 SERIES A BONDS. THE SERIES A OF 2012 BONDS BEAR INTEREST AT RATES RANGING FROM 2.0% TO 5.0%. INTEREST PAYMENTS ARE REQUIRED SEMIANNUALLY. PRINCIPAL PAYMENTS ARE REQUIRED ON SEPTEMBER 1 OF EACH YEAR, WITH THE FINAL PAYMENT DUE ON SEPTEMBER 1, 2035. PARKHURST DINING SERVICES BOARD MEMBER 3375164 A BOARD MEMBER OF THE UNIVERSITY HAS A BUSINESS INTEREST IN AND IS EMPLOYED BY PARKHURST DINING SERVICES. PARKHURST PROVIDES ON CAMPUS DINING SERVICES. 0 X 15 223496 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER SHOWN IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS CHATHAM UNIVERSITY RECEIVED FOR EACH TYPE OF PROPERTY FOR THE YEAR ENDED JUNE 30, 2019. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL HAVE AUTHORITY TO ACT FOR THE BOARD OF TRUSTEES ON ALL MATTERS EXCEPT FOR THE FOLLOWING WHICH SHALL BE RESERVED FOR THE BOARD OF TRUSTEES (UNLESS THE BOARD OF TRUSTEES DIRECTS OTHERWISE): PRESIDENTIAL SELECTION AND TERMINATION; TRUSTEE AND BOARD OFFICER SELECTION; CHANGES IN INSTITUTIONAL MISSION AND PURPOSES; CHANGES TO THE CHATER; CHANGES TO THE BYLAWS; INCURRING OF CORPORATE INDEBTEDNESS IN EXCESS OF TEN PERCENT (10%) OF THE COLLEGE'S NET WORTH; SALE OF COLLEGE ASSETS OR TANGIBLE PROPERTY IN EXCESS OF ONE PERCENT (1%) OF THE COLLEGE'S NET WORTH; ADOPTION OF THE ANNUAL BUDGET; AND, CONFERRAL OF DEGREES. IN ADDITION TO ITS AUTHORITY TO TAKE ACTION ON MATTERS WHICH CANNOT OR SHOULD NOT BE DEFERRED TO THE BOARD'S NEXT SCHEDULED MEETING, PROCESS OR PROGRESS ON PLANNING GOALS, THE BOARD'S RESPONSIBILITY TO SUPPORT THE PRESIDENT AND ASSESS HER OR HIS PERFORMANCE AND SHALL REVIEW THE PRESIDENT'S COMPENSATION AND CONDITIONS OF EMPLOYMENT. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING INDIVIDUALS HAVE A BUSINESS RELATIONSHIP BY VIRTUE OF EMPLOYMENT BY OR CO-MEMBERSHIP ON THE BOARD OF DIRECTORS OF AN ENTITY (OR ENTITIES) UNRELATED TO CHATHAM UNIVERSITY: G. NICHOLAS BECKWITH III; LAURA FISHER; FREDDIE FU, M.D.; W. DUFF MCCRADY; SANDRA RADER, DNP; LEAH THOMPSON; BROOKS BROADHURST; DAVID FINEGOLD FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY SENIOR FINANCE MANAGEMENT AND THE PRESIDENT IN DETAIL. THE FORM IS THEN DISCUSSED AND REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. FOLLOWING COMMITTEE LEVEL REVIEW, THE APPROVED DOCUMENT IS PROVIDED TO THE FULL MEMBERSHIP OF THE BOARD BEFORE ELECTRONIC SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES SHALL DISCLOSE TO THE BOARD OF TRUSTEES ANY POSSIBLE CONFLICT OF INTEREST AT THE EARLIEST PRACTICAL TIME. FURTHERMORE, THE TRUSTEE SHALL ABSENT HERSELF OR HIMSELF FROM DISCUSSIONS OF, AND ABSTAIN FROM VOTING ON, SUCH MATTERS UNDER CONSIDERATION BY THE BOARD OF TRUSTEES OR ITS COMMITTEES. THE MINUTES OF SUCH MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE AND THAT THE TRUSTEE HAVING A CONFLICT, OR POSSIBLE CONFLICT, ABSTAINED FROM VOTING. ANY TRUSTEE WHO IS UNCERTAIN WHETHER A CONFLICT OF INTEREST MAY EXIST IN ANY MANNER MAY REQUEST THE BOARD OF TRUSTEES OR COMMITTEE TO RESOLVE THE QUESTION IN HER OR HIS ABSENCE BY MAJORITY VOTE. ANNUALLY, BOARD MEMBERS AND KEY EMPLOYEES SIGN A CONFLICT OF INTEREST DISCLOSURE FORM PROVIDED BY THE SECRETARY OF THE BOARD. THE SIGNED FORM IS THEN FORWARDED TO THE PRESIDENT'S OFFICE AND THE FINANCE DEPARTMENT TO BE LOGGED AND FILED FOR REFERENCE. ANY IDENTIFIED CONFLICTS ARE IMMEDIATELY BROUGHT TO THE ATTENTION OF THE EXECUTIVE COMMITTEE OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S COMPENSATION IS ESTABLISHED BY THE BOARD OF TRUSTEES THROUGH THE EXECUTIVE OR COMPENSATION COMMITTEE USING INDEPENDENT CONSULTANTS AND DATA FROM PEER INSTITUTIONS. COMPENSATION IS DOCUMENTED IN THE BOARD MINUTES AND IN A WRITTEN EMPLOYMENT CONTRACT. COMPENSATION LEVELS OF ALL EMPLOYEES, INCLUDING DIRECT REPORTS TO THE PRESIDENT, ARE MONITORED BY THE HUMAN RESOURCE DEPARTMENT, THE SENIOR VICE PRESIDENT OF FINANCE AND ADMINISTRATION, VICE PRESIDENT OF ACADEMIC AFFAIRS, AND THE PRESIDENT USING CUPA PEER INSTITUTION COMPARATIVE DATA ON AN ANNUAL BASIS. COMPENSATION INCREASES FOR DIRECT REPORTS TO THE PRESIDENT ARE GENERALLY INCLUDED IN THE ANNUAL MERIT BUDGET INCREASE POOL APPROVED BY THE BOARD OF TRUSTEES. FROM TIME TO TIME, THERE ARE EXTRAORDINARY COMPENSATION ISSUES RELATED TO DIRECT REPORTS TO THE PRESIDENTS AND IN THESE CASES, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES APPROVES ANY RELATED INCREASES, CONTRACTS, AGREEMENT SIDE LETTERS, OR SPECIAL CONSIDERATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S POLICIES, ORGANIZATIONAL DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE UNIVERSITY'S WEBSITE. FORM 990, PART VII, TRUSTEES EMERITI: THE FOLLOWING INDIVIDUALS ARE EMERITI TRUSTEES WHO MAY ATTEND ALL MEETINGS OF THE BOARD AND COMMITTEES, BUT SHALL HAVE NO VOTING RIGHTS: CORDELIA SURAN JACOBS, NANCY FOLLETT WAICHLER, MARTHA H. CARSON. FORM 990, PART XII, LINE 2C, FINANCIAL STATEMENTS AND REPORTING: THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS APPROVES THE APPOINTMENT OF THE INDEPENDENT ACCOUNTING FIRM ENGAGED TO AUDIT THE UNIVERSITY'S FINANCIAL STATEMENTS ON AN ANNUAL BASIS. IN ADDITION, THE AUDIT COMMITTEE REVIEWS DRAFT FINANCIAL STATEMENTS AND RECEIVES A REPORT ON THE RESULTS OF THE AUDIT FROM THE INDEPENDENT ACCOUNTANT. THE AUDIT COMMITTEE IS ALSO UPDATED REGARDING THE AUDIT BY THE SENIOR VICE PRESIDENT OF FINANCE FOR FINANCE AND ADMINISTRATION AND BY THE ASSISTANT VICE PRESIDENT FOR FINANCE AND ADMINISTRATION. CHATHAM INVESTMENTS LLC WOODLAND ROAD PITTSBURGH PA 15232 901022878 TO HOLD OWNERSHIP IN A SOLAR PV PROJECT PA 0 859393 CHATHAM UNIVERSITY THE DIETRICH FOUNDATION 600 GRANT STREET SUITE 5360 PITTSBURGH PA 15219 364711746 SUPPORT, BENEFIT, PERFORM THE FUNCTIONS OF AND CARRY OUT PURPOSES OF C.U. PA 501(C)(3) TYPE I N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0