2020-05-28T17:48:29-07:00 2019-06-30 911194016 Clark Nuber PS 10900 NE 4th Street Suite 1400 Bellevue WA 98004 990 2018-07-01 910565006 SEATTLE UNIVERSITY SEAT 2062966150 901 12th Avenue Seattle WA 981221090 Wilson Garone Vice President and CFO 2062966150 2020-05-28 1 Sara Elizabeth J Hyre P00235495 4254544919 2020-05-28 65.158.230.194 2018 2021-01-29 14:40:06Z Stephen V Sundborg SJ President 901 12th Avenue Seattle WA 981221090 368519883 0 X www.seattleu.edu X 1891 WA Seattle University, an institution of higher education, is dedicated to educating the whole person, to professional formation, and to empowering leaders for a just and humane world. (Continued on Schedule O. Statement 1) 39 37 4220 49 0 108689 32506765 43977591 286062296 299299087 10581399 10870062 -201397 -456940 328949063 353689800 90870350 97798854 0 0 150945728 155779457 0 0 5074556 78840135 74583488 320656213 328161799 8292850 25528001 733212245 758485233 186155092 186968423 547057153 571516810 Seattle University is dedicated to educating the whole person, to professional formation, and to empower leaders for a just and humane world. 0 0 272325662 97798854 299299087 Seattle University, founded in 1891, is a Jesuit Catholic university and law school located on 50 acres in Seattle's Capitol Hill neighborhood. More than 7,200 students are enrolled in undergraduate and graduate programs within eight schools and colleges. In the academic year 2018-19, the University enrolled 7,199 students and awarded 1204 bachelor's degrees or equivalents, 190 post-baccalaureates, 833 master's degrees, 8 post-master's certificates, and 209 Doctoral degrees. Awards and high rankings for academic rigor, sustainability, community service, and social justice are among Seattle University's touchstones of excellence. One of them is a Presidential Award from the White House for community service, a recognition received by only five universities. Here's a look at many of the honors bestowed on the university. The 2020 college rankings placed Seattle U in Top 15 percent of all universities in the nation by moving up to #113 from #148. Seattle U ranked #21 among 122 universities in the West. For 17 years running, the Princeton Review has recognized Seattle University as one of the best colleges in the nation for undergraduate education. The university also was called out as a "Best Western" college, as well as in its subcategory of "Political Awareness" of its students. The rankings highlighted the top 200 institutions among 1,000 it reviewed nationwide. According to U.S. News & World Report Seattle U was included in the national university category for the first time after being ranked consistently in the Top 10 in the West regional category by U.S. News & World Report. With the new ranking, Seattle U is tied for #139 among all national universities. U.S. News also recognized the university in several specialty rankings: Tied for #5 in service-learning. Tied for #26 in the best undergraduate engineering programs. Tied for #128 of undergraduate business programs. The finance and accounting programs were tied for #24 and #40, respectively. Tied for #49 for best undergraduate teaching. #85 in best value schools. The university was also noted for campus ethnic diversity and most international students. Graduate programs in business and law continue to be among the best such programs nationwide, according to U.S. News & World Report's "Best Graduate Schools 2020" ranking. Three Albers School of Business and Economics programs are included in the rankings: The Executive MBA program is ranked #17 in the nation and is the top-ranked EMBA program in the Northwest and fourth highest on the West Coast. The accounting program is ranked #24 in the nation and #2 in the Northwest. The finance program is ranked #28 in the nation and #2 in the Northwest. College Factual's 2020 college rankings place Seattle U in the Top 5 of all Washington schools and in the Top 15 percent nationally. Among Seattle U's academic programs, College Factual noted: Criminal justice and nursing are in the Top 5% nationally. Graduates from the international business, computer science, and information sciences and liberal arts programs were in the Top 5% nationally for the highest pay. Several programs were ranked in the Top 10% and 15% in the U.S. Seattle University is again featured in the U.S. The Fiske Guide to College Consulted by millions of prospective students and their families, the selective guide highlights the "best and most interesting schools" in the U.S., Canada, and Great Britain to be included and Seattle University is among them. The guide is compiled by former New York Times education editor Edward Fiske, a leading independent voice in college admissions. "With its emphasis on the liberal arts, civic engagement, and Jesuit principles, Seattle U affords students an experience that focuses on educating the entire person. The university's Jesuit tradition guarantees a nurturing environment and student growth both academically and in community service." Three out of four Seattle University undergraduate students engage in community service, three times the national average. Students, faculty, and staff contribute 200,000 hours of service annually. Seattle University is included in the 2019-2020 Colleges of Distinction. Schools are accepted on the basis they adhere to the guide's four distinctions: engaged students, great teaching, vibrant community, and successful outcomes. Colleges of Distinction singled out Seattle U's business, education, engineering, nursing, and career development programs for recognition. Additionally, Seattle U is recognized as a Catholic College of Distinction. High school college counselors nominate colleges and universities for inclusion in the national guide. Fewer than half of those considered are selected to be in the guide. Catholic Colleges of Distinction also showcases Seattle University among those schools that excel at four distinctions: engaged students, great teaching, vibrant communities, and successful outcomes. The national honor society Phi Theta Kappa has recognized Seattle University among four-year institutions for its work to attract and support community college transfer students. Seattle U was the only university in the Pacific Northwest and one of only two on the West Coast to be included in the 2018 "Transfer Honor Roll." Victory Media has recognized Seattle University as a Military Friendly(R) School in its 2018-19 listing of colleges and universities nationwide. The designation is reserved for higher education institutions that exhibit leading practices in recruiting and supporting post-military students. Sport Business International ranks Seattle University's master in sports business leadership program, in the Albers School of Business and Economics, in the Top 40 for the U.S. in 2017. "Seattle U was ranked #2 nationally among universities for its sustainability curriculum in the Association for the Advancement of Sustainability in Higher Education (ASHE) 2019 Sustainable Campus Index, and #4 nationally as an overall top performer among master's institutions. Seattle University achieved a Gold rating for sustainability from the AASHE 2019 Sustainability Tracking, Assessment & Rating SystemTM (STARS). Seattle U earned a top 20 spot in Sierra magazine's "Cool Schools 2019" ranking. Seattle U placed #13 out of 282 schools-the Top 5 percent of all schools ranked-in the U.S. and Canada. It is the only university in the Northwest to place in the top group. The Princeton Review's Guide to Green Colleges: 2019 Edition ranked Seattle University #21 in the nation in its latest publication examining the nation's most environmentally responsible colleges. Seattle U was the top-ranked college in Washington and the Northwest. In 2015, Seattle U became a Fair Trade designated university. The campus has been maintained organically and without pesticides or herbicides since 1998. Nearly 69 percent of campus waste is recycled, reused or composted. Seattle University's onsite Composting facility annually turns 178,000 pounds of pre-consumer food waste into compost, which is reused on campus to improve soil quality. In 2010, Seattle University became the first higher education institution in the state to ban the sale and distribution of plastic bottled water. In 2012, the White House honored Seattle University with the Presidential Award for community service, the highest recognition by the federal government to a college or university for its civic engagement, service-learning, and volunteerism. The university was one of only five universities in the nation to receive this honor and the only university cited as a Promise Neighborhoods recipient for coordinated, wrap-around, youth-focused service that supports the educational and social needs of youth. A Seattle Times editorial called out the award and noted, "Seattle University serves as a national example of the difference higher education can make on its neighbors. 0 0 0 272325662 1 1 0 1 0 0 0 1 1 1 1 1 0 1 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 1 1 0 0 0 1 9227 0 1 4220 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 39 37 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 WA X X Andrew O'Boyle 2062966149 901 12th Avenue Seattle WA 981221090 Kathleen H Aikenhead Trustee 0.5 0 X 0 0 0 Rodney A Bench Trustee 0.5 0 X 0 0 0 Maureen Benoliel Trustee 0.5 0 X 0 0 0 Robert H Blais Trustee 0.5 0 X 0 0 0 Ann Blume Trustee 0.5 0 X 0 0 0 David W Burcham Trustee 0.5 0 X 0 0 0 Donald J Horowitz Trustee 0.5 0 X 0 0 0 Michael C McCarthy SJ Trustee 0.5 0 X 0 0 0 Killian Noe Trustee 0.5 0 X 0 0 0 William A Owens Trustee 0.5 0 X 0 0 0 Nicole W Piasecki Trustee, Vice Chair of the Board 0.5 0 X 0 0 0 Scott Redman Trustee 0.5 0 X 0 0 0 David Sabey Trustee 0.5 0 X 0 0 0 Stevens U Trainer Trustee 0.5 0 X 0 0 0 John H Vassall II Trustee 0.5 0 X 0 0 0 Pete J Rose Trustee 0.5 0 X 0 0 0 Joseph Gaffney Trustee 0.5 0 X 0 0 0 Pat Kennedy Trustee 0.5 0 X 0 0 0 Steve Knight Trustee 0.5 0 X 0 0 0 Ruth Tressel Trustee 0.5 0 X 0 0 0 Stephen V Sundborg SJ Trustee (ex officio), President 37.5 0 X X 454720 0 0 Patrick J Callans Trustee 0.5 0 X 0 0 0 Brenda Christensen Trustee 0.5 0 X 0 0 0 Ezra Teshome Trustee 0.5 0 X 0 0 0 Fr Kevin O'Brien SJ Trustee 0.5 0 X 0 0 0 Russell Hagen Trustee 0.5 0 X 0 0 0 Thomas M Lucas SJ Trustee 0.5 0 X 29345 0 0 Maureen Brotherton Trustee 0.5 0 X 0 0 0 Drew Herdener Trustee 0.5 0 X 0 0 0 Mark G Bosco SJ Trustee 0.5 0 X 0 0 0 Peter W Chiarelli Trustee 0.5 0 X 0 0 0 Jeannie Berwick Trustee 0.5 0 X 0 0 0 Valerie Gorder Trustee 0.5 0 X 0 0 0 Robert B Grimm SJ Trustee 0.5 0 X 0 0 0 Jason Oliver Trustee 0.5 0 X 0 0 0 Charles Porter Trustee 0.5 0 X 0 0 0 Robert A Ratliffe Trustee 0.5 0 X 0 0 0 Ann Alokolara Trustee 0.5 0 X 0 0 0 Tim Engle Trustee 0.5 0 X 0 0 0 Constance R Kanter CFO/VP for Fin and Business Affairs 37.50 0 X 270231 0 81291 Timothy P Leary Executive Vice President 37.5 0 X 262966 0 54988 Mary S Petersen VP and University Counsel 37.50 0 X 254795 0 56611 Michael W Podlin VP University Advancement 37.50 0 X 273307 0 34856 Scott K McClellan VP, Communications 37.5 0 X 184489 0 34955 Michelle Clements VP, Human Resources 37.50 0 X 209497 0 37972 Christopher Van Liew VP/CIO 37.5 0 X 209287 0 81151 Natasha Martin VP, Diversity & Inclusion 37.50 0 X 178572 0 34520 Alvin Sturdivant VP, Student Development 37.50 0 X 205087 0 27438 Shane Martin Provost 37.5 0 X 212017 0 35547 Melore Neilsen VP-Interim, Enr Mgmt 37.50 0 X 136181 0 24424 Andrew O'Boyle VP-Assc, Fin & CFO-Interim 37.50 0 X 184650 0 26570 Robert J Dullea VP Planning and Vice Prov 37.50 0 X 249161 0 52602 Marilyn Ann Crone VP for Enrollment Mgt 37.50 0 X 222817 0 29519 Annette E Clark Dean 37.50 0 X 322231 0 34521 Joseph M Phillips Jr Dean 37.50 0 X 280177 0 39779 David V Powers Dean 37.50 0 X 205950 0 31107 Michael Jay Quinn Dean 37.50 0 X 200969 0 33603 Deanna J Sands Dean 37.50 0 X 204368 0 21446 Kristen M Swanson Dean 37.50 0 X 256783 0 33052 Charles O'Kelley Rt Professor 37.50 0 X 316502 0 35987 David Michael Skover Professor 37.50 0 X 213404 0 27964 James Hayford Coach Head, Bball-Mens 37.50 0 X 275149 0 101852 Robert Chang Professor, Law 37.50 0 X 216160 0 36562 Janet Ainsworth Law Professor 37.50 0 X 216521 0 27445 6245336 0 1035762 252 0 1 0 Ellucian Company LP 62590 Collections Center Dr Chicago IL 60693 Information technology services 3822747 Mithun Inc 1201 Alaskan Way Suite 200 Seattle WA 98101 Construction design 3750836 Balfour Beatty Construction LLC Suite 7 415 1st Ave N Suite 400 Seattle WA 98109 Construction 3494666 WFF Facility Services 211 south Jefferson Ave Saint Louis MO 63103 Facility service 2601150 Skanska USA Building Inc 221 Yale Ave N Suite 400 Seattle WA 98109 Construction 2084465 86 0 0 1305418 0 7243831 35428342 20998692 43977591 Tuition and fees 611310 277518951 277518951 0 0 Auxiliary 611310 12850535 12850535 0 0 8929601 8929601 0 0 299299087 3346932 0 0 3346932 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21531710 0 14008580 0 7523130 0 7523130 0 0 7523130 364563 1305418 821503 -456940 0 -456940 0 353689800 299299087 0 10413122 0 0 97798854 97798854 0 0 0 0 5820026 2086524 3733502 0 58744 58744 0 0 113710625 95039682 15804024 2866919 10250004 8326634 1668967 254403 17359152 14101925 2826373 430854 8580906 6970520 1397417 212969 0 0 0 0 242383 19086 223297 0 286705 13635 273060 10 15225 0 15225 0 0 0 1492743 1492743 0 0 7618460 4017904 3147246 453310 2571894 1959702 327789 284403 2025173 83817 1786013 155343 6013861 3134907 2822815 56139 0 0 0 0 5780403 4781498 998756 149 4483396 4211951 220910 50535 0 0 0 0 3168591 2191570 779238 197783 4325715 3250649 1075066 0 0 0 0 0 16789001 13955707 2833294 0 2044484 161742 1882742 0 Income tax expense 211140 171522 34377 5241 Supplies 3823554 3223764 564811 34979 Retail services 5400470 4278003 1106484 15983 Misc 6703030 994579 5652915 55536 1587260 0 1587260 0 328161799 272325662 50761581 5074556 27693703 44077440 76735354 72863310 31344919 19842272 7514420 11879260 0 0 0 0 6948730 5945774 37224 37451 2553777 2243940 526054296 212878276 316539041 313176020 64276079 73381872 157989090 165255303 0 0 0 0 41579908 49782591 733212245 758485233 20380312 22998577 0 0 4134055 9149907 123626389 118102508 1966570 2309869 0 0 0 0 0 0 36047766 34407562 186155092 186968423 X 293279251 296023328 109239244 134210706 144538658 141282776 547057153 571516810 733212245 758485233 25528001 -1068344 0 0 0 0 X 0 1 X 1 1 1 X 40326490 42391107 31388509 32506765 43977591 190590462 0 0 0 0 0 0 0 0 0 0 0 0 40326490 42391107 31388509 32506765 43977591 190590462 30735225 159855237 2998139 1714068 8989443 2171656 3346932 19220238 47212 0 0 0 0 47212 0 0 0 0 0 0 209857912 1405270824 0.76173 0.7687 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 15225 0 0 15225 0 Schedule C, Part II-B, Line 1 The University pays membership dues to organizations that engage in some lobbying activities. The amount disclosed in line 1g includes $10,137.65 of dues attributable to lobbying activities. Line 1g also includes $1,605.39 in travel costs related to lobbying activities. 0 0 X X X 0 0 1 X 241184304 5695154 6972481 0 19511210 0 234340729 224040504 11338957 14510656 0 8706316 0 241183801 194997046 13502500 21483116 0 5942158 0 224040504 201582730 9135020 -7129179 0 8591525 0 194997046 210641538 3626479 -4845295 0 7839992 0 201582730 0.26 0.6 0.14 0 0 0 64455971 64455971 0 360434144 155238201 205195943 0 9420912 4324784 5096128 0 42423628 18328050 24095578 0 49319641 34987241 14332400 313176020 0 F 0 F Collective Investments 71574027 F Hedge Funds 20248295 F Private Equity Partnerships 14521370 F Other 36895978 F Separately Invested 22015633 F 165255303 Capital Lease 18839894 CIP 15434372 FHIT others 2066347 Split Interest 13441978 49782591 Capital lease liabilities 19118550 Asset retirement obligation 583998 Liabilities under split-interest agreement 8475617 Unrealized loss on int. rat swap agreement 1221510 US Government loan 5007887 34407562 X 255644105 -1068344 0 0 -97798854 -98867198 354511303 0 -821503 -821503 353689800 231184448 0 0 0 821503 821503 230362945 0 97798854 97798854 328161799 Schedule D, Part III, Line 1 The University holds various collections that are made up of artifacts of historical significance and art objects that are held for educational, research, scientific, and curatorial purposes. Each item is cataloged, preserved, and maintained to ensure their original condition is maintained. Collections, which have been acquired through purchases and contributions to the University, are not recognized as assets on the statement of financial position. Purchases of collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired, or as the items are restricted by donors. Proceeds from deaccessions or insurance recoveries are reflected as increases in the appropriate net asset class. No collection items were deaccessioned in the years ended June 30, 2019 or 2018. Schedule D, Part III, Line 4 The artifacts in the University's collections are used for instructional and research purposes. Schedule D, Part IV, Line 2b The University receives cash deposits on behalf of various student clubs. Funds are disbursed on behalf of those clubs for various items such as printing, mailing, audio/visual equipment rentals, and catering. Schedule D, Part V, Line 4 The University invests endowment funds to provide income to support educational activities, either as a result of donor-imposed restrictions or as a result of designations by the Board of Trustees. Schedule D, Part X, Line 2 The University has considered the impact of ASC 740, Implementation Guidance on Accounting for Uncertainty in Income Taxes and Disclosure Amendments for Nonpublic Entities, and after review of the potential impact of various tax provisions, it was determined that no potential liability exists for those positions. Schedule D, Part XI, Line 2d For financial statement purposes, the University deducts student aid expense of $97,798,854 from gross tuition and fees to derive net tuition and fees. Schedule D, Part XI, Line 4b The University treats special event fundraising expenses of $698,738 as a reduction of revenue in Part VIII and accounted for as an expense in the University's audited financial statements. Schedule D, Part XII, Line 2d The University treats special event fundraising expenses of $698,738 as a reduction of revenue in Part VIII and accounted for as an expense in the University's audited financial statements. Schedule D, Part XII, Line 4b For financial statement purposes, the University deducts student aid expense of $97,798,854 from gross tuition and fees to derive net tuition and fees. 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 University's Nondiscrimination Policy is prominently displayed on its public website and in all brochures, publications, and catalogs dealing with student admissions, programs, and scholarships. Schedule E, Part I, Line 6 The University receives federal, state, and foundation grants for academic activities, research, student financial aid, student loan, and work study program. Central America and the Caribbean 0 0 Investments Investments at fair market value. 15379411 Europe (including Iceland and Greenland) 0 0 Program Services Study abroad 567265 Central America and the Caribbean 0 0 Program Services Study abroad 35890 East Asia and the Pacific 0 0 Program Services Study abroad 1531 Sub-Saharan Africa 0 0 Program Services Study abroad 11987 0 0 15996084 1 0 1 0 1 0 Gala 716900 552175 164725 0 0 0 148368 1652 207519 Red Tie 634023 567103 66920 0 0 24413 65947 8300 160396 3 319058 186140 132918 0 1313 18179 59063 3400 122953 1669981 1305418 364563 0 1313 42592 273378 13352 490868 821503 -456940 1 Grants and scholarships funded by contributions 1802 0 14644343 Book Financial aid Grants and scholarships funded by gifts from private donors 527 0 3191791 Book Financial aid Grants and scholarships funded by private governmental institutions 523 0 1530201 Book Financial aid Grants and scholarships funded by institutional funds 5385 0 78432519 Book Financial aid Schedule I, Part I, Line 2 The University's Enrollment Services Division, Office of Student Financial Services, and Office of Research Services and Sponsored Projects responsible for the administration of all grants and student aid according to current law, regulations, and policies prescribed by grantors. The University is subject to annual audits conducted in accordance with OMB Circular A-133. X X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 Michelle Clements VP, Human Resources 209497 0 0 0 0 0 22330 0 15642 0 247469 0 0 0 Marilyn Ann Crone VP for Enrollment Mgt 222817 0 0 0 0 0 22498 0 7021 0 252336 0 0 0 Robert J Dullea VP Planning and Vice Prov 249161 0 0 0 0 0 25217 0 27385 0 301763 0 0 0 Constance R Kanter CFO/VP for Fin and Business Affairs 270231 0 0 0 0 0 27500 0 53791 0 351522 0 0 0 Timothy P Leary Executive Vice President 262966 0 0 0 0 0 26522 0 28466 0 317954 0 0 Natasha Martin VP, Diversity & Inclusion 178572 0 0 0 0 0 19238 0 15282 0 213092 0 0 0 Shane Martin Provost 212017 0 0 0 14000 0 18000 0 3547 0 247564 0 0 0 Scott K McClellan VP, Communications 184489 0 0 0 0 0 19673 0 15282 0 219444 0 0 0 Melore Neilsen VP-Interim, Enr Mgmt 136181 0 0 0 0 0 14212 0 10212 0 160605 0 0 0 Mary S Petersen VP and University Counsel 254795 0 0 0 0 0 26052 0 30560 0 311407 0 0 0 Michael W Podlin VP University Advancement 273307 0 0 0 0 0 27500 0 7356 0 308163 0 0 0 Alvin Sturdivant VP, Student Development 205087 0 0 0 0 0 20417 0 7021 0 232525 0 0 0 Christopher Van Liew VP/CIO 209287 0 0 0 0 0 22275 0 58876 0 290438 0 0 0 Janet Ainsworth Law Professor 216521 0 0 0 0 0 21994 0 5451 0 243966 0 0 0 Robert Chang Professor, Law 216160 0 0 0 0 0 22823 0 13739 0 252722 0 0 0 James Hayford Coach Head, Bball-Mens 270149 0 5000 0 0 0 27500 0 74352 0 377001 0 0 0 Charles O'Kelley Rt Professor 316502 0 0 0 0 0 27500 0 8487 0 352489 0 0 0 David Michael Skover Professor 213404 0 0 0 0 0 21542 0 6421 0 241367 0 0 0 Joseph M Phillips Jr Dean 280177 0 0 0 0 0 27500 0 12279 0 319956 0 0 0 David V Powers Dean 205950 0 0 0 0 0 21297 0 9810 0 237057 0 0 0 Deanna J Sands Dean 204368 0 0 0 0 0 20540 0 906 0 225814 0 0 0 Michael Jay Quinn Dean 200969 0 0 0 0 0 21324 0 12279 0 234572 0 0 0 Kristen M Swanson Dean 256783 0 0 0 0 0 26031 0 7021 0 289835 0 0 0 Annette E Clark Dean 322231 0 0 0 0 0 27500 0 7021 0 356752 0 0 0 Stephen V Sundborg SJ Trustee (ex officio), President 454720 0 0 0 0 0 0 0 0 0 454720 0 0 0 Andrew O'Boyle VP-Assc, Fin & CFO-Interim 184650 0 0 0 0 0 18672 0 7898 0 211220 0 0 Schedule J, Part I, Line 1a The University paid $6,550.00 in club dues for certain officers and other employees for business-related purposes as follows: Rainier Club: $3,165 for Stephen V. Sundborg SJ; Rotary Club: $2,160.00 for Joseph M. Phillips Jr; University Club: $1,125.00 for Stephen V. Sundborg SJ; Washington Athletic Club ($100.00): $50.00 for Stephen V. Sundborg SJ, $50.00 for Michael Podlin. Schedule J, Part II Shane Martin received $14,000 in housing allowance that was treated as taxable. A Washington Higher Education Facilities Authority 911306482 939781A26 2008-03-20 26595000 Refunding 0 0 0 B Washington Higher Education Facilities Authority 911306482 939781J68 2011-09-01 15230000 Refunding 0 0 0 C Washington Higher Education Facilities Authority 911306482 2015-09-11 54815000 Refunding 0 0 0 D Washington Higher Education Facilities Authority 911306482 939781X47 2017-12-27 41860000 Refunding 0 0 0 A 12300000 0 26595000 0 0 0 373275 0 0 0 26221275 0 2008 1 0 1 1 B 4245000 0 15230000 0 0 0 530137 0 0 0 14699863 0 2011 1 0 1 1 C 5410000 0 54815000 0 0 0 510476 0 0 0 54304524 0 2015 1 1 1 1 D 0 0 41860000 0 0 0 430249 0 0 0 41429751 0 2017 1 1 1 1 A 0 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 0 1 C 0 0 0 0 0 0 0 0 0 1 D 0 0 0 0 0 0 0 0 0 1 A 0 0 0 1 1 1 Bank of New York 2.9 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 Schedule K, Part IV, Line 2c-03/20/2008 26,595,000 Washington Higher Education Facilities Authority 03/20/2008 $26,595,000 Washington Higher Education Facilities Authority - All rebate has been paid. Schedule K, Part IV, Line 2c-09/01/2011 15,230,000 Washington Higher Education Facilities Authority 09/01/2011 $15,230,000 Washington Higher Education Facilities Authority - All rebate has been paid. Schedule K, Part IV, Line 2c-09/11/2015 54,815,000 Washington Higher Education Facilities Authority 09/11/2015 $54,815,000 Washington Higher Education Facilities Authority - All rebate has been paid. Schedule K, Part IV, Line 2c-12/27/2017 41,860,000 Washington Higher Education Facilities Authority 12/27/2017 $41,860,000 Washington Higher Education Facilities Authority - All rebate has been paid. Sabey Corporation Entity which Trustee Sabey served as an officer during the year. 848222 Lease with Sabey Corporation for Life Science lab and office space 0 Yobi Apartments Ezra Teshome is an owner of Yobi apartments and served as a Trustee during the year. 365893 Yobi apartments 0 Erin Swezey Ms. Swezey is married to Timothy Leary, the University's Executive Vice President. 58744 Ms. Swezey is a member of the faculty of the College of Education 0 X 6 28499 FMV X 46 20644415 FMV X Ultima Cardio2 gas exchange analysis system 1 175000 FMV X Auction items 572 146378 FMV X Hardware and software subscriptions 1 4400 FMV 0 0 1 0 Schedule M, Part I, Line 9 The amount reported in Schedule M, Part 1, column B line 9 represents the number of contributions during the year. Form 990, Part VI, Section A, Line 2 Tim Engle and Nicole Piasecki have a business relationship Form 990, Part VI, Section A, Line 6 Seattle University is a Washington nonprofit corporation governed by a Board of Trustees that is responsible for the overall management of the affairs of the University. As a nonprofit member corporation established under Washington state law, the University has a Board of Members. The University has seven members. Each member is required to be in good standing in the Society of Jesus. The seven members include the following: the Rector of the Seattle University Jesuit Community and six Jesuits from among those under contract at Seattle University. The President, Provost and any Vice President of Seattle University are ineligible to be a member. Members are elected by Jesuits currently under contract at Seattle University. Form 990, Part VI, Section A, Line 7a As a nonprofit member corporation established under Washington state law, the University has a Jesuit Board of Members. The principal duty of the Jesuit Board of Members is to ensure furtherance of the work of Catholic higher education in accordance with the traditions and ideals of the Society of Jesus. The Jesuit Board of Members has the power to select three Jesuit trustees to serve on the Board of Trustees, which is the governing board of the university. The Board of Trustees consists of that number of Trustees determined from time to time by the Board of Trustees, but which number shall not be less than 30 nor more than 40 voting members. At least six of the Trustees shall belong to the Society of Jesus. As stated above, the Jesuit Board of Members selects three of those six Jesuit Trustees. All other Trustees are elected upon nomination of the Trusteeship Committee by a majority of the Trustees in attendance at the annual meeting of the Board, unless a different date is set by the Board of Trustees. Form 990, Part VI, Section A, Line 7b The principal duty of the Jesuit Members, consistent with the apostolate of the Jesuit community at the University, is to assure furtherance of the work of Catholic higher education in accordance with the traditions and ideals of the Society of Jesus. Jesuit Members, like Trustees, have a duty to conduct themselves in the best interests of the University consistent with the objectives and purposes of the University as stated in the Articles and Bylaws. The Board of Trustees has final responsibility for the governance of the University in all matters, including the adoption, repeal, and revision of the Faculty Handbook, but excluding the following: a. The majority vote of the Board of Trustees and the approval of at least two-thirds of the votes of the Jesuit Board of Members present at such meeting or represented by proxy are entitled to cast are required to amend the Articles of Incorporation. The majority vote of each of the Board of Trustees and the Jesuit Board of Members is required to alter, amend or repeal the Bylaws. The Jesuit Board of Members may delegate its authority to approve amendments of the Bylaws to the Board of Trustees. b.The majority vote of the Jesuit Board of Members is required for the sale or lease of any corporate properties having a fair market value in excess of fifteen million dollars ($15,000,000.00). c.The Jesuit Board of Members selects three Jesuits to serve on the Board of Trustees. Approval of the Board of Trustees and at least 2/3rds of the Jesuit Board of Members is required to approve any plan of dissolution and distribution, as provided in Article IV of the Articles of Incorporation. Form 990, Part VI, Section B, Line 11b Each voting member of the Board of Trustees was provided with an electronic copy of Form 990 and supporting schedules prior to filing with the IRS. The Audit Committee of the Board met to review the form and schedules as well. The form and schedules were also reviewed by appropriate officers and management, including but not limited to the CFO/VP for Finance and Business Affairs, the Associate VP for Finance and Investments, the Executive Vice President, and University Counsel. Form 990, Part VI, Section B, Line 12c The Conflict of Interest Policy for Trustees is contained in the Bylaws of the University. Trustees are informed of this policy during Trustee orientation and the annual meeting. On an annual basis, each Trustee is asked to furnish a written statement indicating whether he or she is involved in any matter that poses an actual or potential conflict of interest. Trustees are expected to update the disclosure throughout the year as may be appropriate. After a trustee's disclosure of a potential financial or other conflict of interest, the chair of the Board of Trustees, in consultation with the University Counsel, determines whether the situation constitutes a conflict of interest requiring action by the Board. If the chair of the Board believes Board action is appropriate, the interested person must leave the Board meeting where the financial or other interest is discussed and voted upon, unless requested to stay either to respond to questions or provide information to the Board on the matter under discussion. The remaining board members decide if a conflict of interest exists and the appropriate course of action. Officers, key employees, faculty, and staff are covered by the University conflict of interest policy. Individuals are informed of this policy at the time of hire. The policy is contained in the Human Resources Policy Manual and is available to faculty and staff on the University's website. Upon identification of a potential conflict of interest, the matter is reviewed and evaluated by University officials and a determination is made regarding an appropriate action. The University has also adopted the Policy for Financial Conflict of Interest Disclosure and Management for Investigators in Externally Sponsored Programs in compliance with US Department of Health and Human Services regulations (42 CFR Part 50, Subpart F) and the financial conflict of interest policies of the National Science Foundation. Finally, the Office of Finance and Business Affairs, through the Office of the Controller, reviews carefully all proposed business transactions, expenditures, and requests for reimbursements to determine compliance with University policies, including those relating to conflict of interest. Form 990, Part VI, Section B, Line 15 The University's process for determining compensation for the president, officers, and key employees includes the following elements: (1) an authorized committee of the Board of Trustees composed entirely of individuals who are unrelated to, and not subject to, the control of disqualified persons involved in the compensation arrangement; (2) reliance on appropriate comparability data, including compensation levels paid by similarly situated organizations for functionally comparable positions; the location of the University, including the availability of similar specialties in the geographic area; independent compensation surveys by nationally-recognized independent firms; and written offers from similar institutions competing for the services of the disqualified person; and (3) documentation by the authorized body that adequately documents the basis for determination concurrent with making decisions regarding the compensation arrangement. The Executive Committee of the Board of Trustees serves as the compensation committee and follows this process annually. The compensation arrangement for the President, Provost, Executive Vice President, CFO, and other members of the Cabinet was most recently reviewed on April 6, 2020. Within the institution, appropriate comparability data is also obtained and reviewed for all other officers, key employees, and any other highly-compensated employees. Form 990, Part VI, Section C, Line 19 While applicable federal tax laws do not mandate that the University's governing documents, conflict of interest policy, and financial statements be made available for public inspection, the University makes each of the foregoing available on its website, www.seattleu.edu, or upon request. Seattle University Foundation 901 12th Avenue Seattle WA 98122 911130769 Fundraising WA 501(c)(3) Type I Seattle University 1 Charitable Remainder Unitrusts (9) 900 Broadway Admin 120 Seattle WA 981224340 Investment WA Seattle University T 0 Charitable Remainder Annuity Trusts (1) 900 Broadway Admin 120 Seattle WA 981224310 Investment WA Seattle University T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0