2020-04-15T15:53:20-05:00 2019-05-31 PricewaterhouseCoopers LLP 101 SEAPORT BLVD SUITE 500 BOSTON MA 02210 990 2018-06-01 951643334 LOYOLA MARYMOUNT UNIVERSITY % THOMAS O FLEMING JR SVP/CFO LOYO 3103382714 1-LMU DRIVE U-HALL LOS ANGELES CA 90045 THOMAS O FLEMING JR SVP/CFO 3103382738 2020-04-15 true GWEN SPENCER P00641463 6175305000 155.201.35.58 04363820201065000484 2020-04-15 P 0CCAD309D2A0A09DD396C5FC863414C17E89825D 6CFBC1E470B119DB9F0B0C745D98B714AAF1A9A1 2018 2020-11-19 02:30:22Z MR TIMOTHY LAW SNYDER PRES 1-LMU DRIVE U-HALL 4900 LOS ANGELES CA 90045 631740449 false X WWW.LMU.EDU X 1918 CA SEE SCHEDULE O 43 42 7583 1 1937118 422113 41723357 43269358 452587647 486587630 36574449 23661620 724129 662264 531609582 554180872 114129378 123196000 0 0 233778567 243823691 13704 16064 9734800 136957606 149568426 484879255 516604181 46730327 37576691 1312304485 1449217635 298321878 412349724 1013982607 1036867911 X SEE SCHEDULE O false false 445194072 123196000 484650512 SEE SCHEDULE O 445194072 true true false true false false false true true true true true false true true false true false true true true true true true true false false true true true true false false false false false true false false false false true true false false false true true true false false true 862 0 true 7583 true true true true AR false false false true true false false false false false false X 43 42 false false false false false false false true true false false true true true true true true true true false CA X X THOMAS O FLEMING JR SVPCFO 3103382738 1 LMU DR U-HALL 4900 LOS ANGELES CA 900452659 ROBERT J ABERNETHY TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM H AHMANSON TRUSTEE 1.0 0.0 X 0 0 0 ROBERT C BAKER TRUSTEE 1.0 0.0 X 0 0 0 RHONDA M BETHEA TRUSTEE 1.0 0.0 X 0 0 0 Irma J Brown TRUSTEE 1.0 0.0 X 0 0 0 Mitchell R Butier TRUSTEE 1.0 0.0 X 0 0 0 Scott Coble SJ TRUSTEE 1.0 0.0 X 0 0 0 Michelle X Dean TRUSTEE 1.0 0.0 X 0 0 0 Allan F Deck SJ SECRETARY 1.0 0.0 X X 0 0 0 Karen J Dial TRUSTEE 1.0 0.0 X 0 0 0 Kathleen M Duncan TRUSTEE 1.0 0.0 X 0 0 0 Kristi V Frey TRUSTEE 1.0 0.0 X 0 0 0 Michael J Garanzini SJ TRUSTEE 1.0 0.0 X 0 0 0 Thomas V Girardi TRUSTEE 1.0 0.0 X 0 0 0 Jeffrey L Glassman TRUSTEE (THRU 2/2019) 1.0 0.0 X 0 0 0 Gregory M Goethals SJ TRUSTEE 1.0 0.0 X 0 0 0 D Scott Hendrickson SJ TRUSTEE 1.0 0.0 X 0 0 0 Mary Beth Ingham CSJ TRUSTEE 1.0 0.0 X 0 0 0 Henry K Jordan TRUSTEE 1.0 0.0 X 0 0 0 Nelly Llanos Kilroy TRUSTEE 1.0 0.0 X 0 0 0 Joseph M Knott TRUSTEE 1.0 0.0 X 0 0 0 Cecilia A Magladry CSJ TRUSTEE 1.0 0.0 X 0 0 0 Michael J Mandelbaum TRUSTEE 1.0 0.0 X 0 0 0 Gerdenio M Manuel SJ TRUSTEE 1.0 0.0 X 0 0 0 John V Meigs TRUSTEE 1.0 0.0 X 0 0 0 Stephen M Mosko TRUSTEE 1.0 0.0 X 0 0 0 Handojo S Muljadi TRUSTEE 1.0 0.0 X 0 0 0 Stephen F Page TRUSTEE 1.0 0.0 X 0 0 0 Joan A Payden TRUSTEE 1.0 0.0 X 0 0 0 Janice A Pipkin TRUSTEE 1.0 0.0 X 0 0 0 Norma A Provencio TRUSTEE 1.0 0.0 X 0 0 0 Michael M Rue TRUSTEE 1.0 0.0 X 0 0 0 Maria S Salinas TRUSTEE 1.0 0.0 X 0 0 0 Robert J Sclabassi MD TRUSTEE 1.0 0.0 X 0 0 0 Timothy Law Snyder PRESIDENT/TRUSTEE 40.0 0.0 X X 522102 0 100458 John T Stankey TRUSTEE 1.0 0.0 X 0 0 0 Michael R Steed TRUSTEE 1.0 0.0 X 0 0 0 Elbridge H Stuart III TRUSTEE 1.0 0.0 X 0 0 0 Julie Rollofson Teel TRUSTEE 1.0 0.0 X 0 0 0 Rosemary L Turner TRUSTEE 1.0 0.0 X 0 0 0 Joan Treacy RSHM TRUSTEE 1.0 0.0 X 0 0 0 Paul S Viviano CHAIR 1.0 0.0 X X 0 0 0 Michael A Zampelli SJ TRUSTEE 1.0 0.0 X 0 0 0 David J Zuercher TRUSTEE 1.0 0.0 X 0 0 0 Elena M Bove SVP for Student Affairs 40.0 0.0 X 265276 0 55846 Thomas O Fleming Jr SVP & CHIEF FINANCIAL OFFICER 40.0 0.0 X 313341 0 55966 Thomas Poon EVP and Provost 40.0 0.0 X 374958 0 47304 Evelynne B Scarboro EVP and CAO 40.0 0.0 X 367684 0 40463 DENNIS SLON SVP FOR UNIV. RELAT(THRU 7/18) 40.0 0.0 X 554854 0 32513 KRISTINE WADE INTERIM SVP OF UA (START 7/18) 40.0 0.0 X 260018 0 45428 Michael E Waterstone SVP and Dean of Law School 40.0 0.0 X 401394 0 52790 CAROLINE T WILHELM TREASURER 40.0 0.0 X 200190 0 20808 Rebecca L Chandler VP for Human Resources 40.0 0.0 X 226895 0 32157 Timothy S Haworth VP for Facilities Management 40.0 0.0 X 200393 0 32326 Maureen P Weatherall VP OF Enrollment Management 40.0 0.0 X 265793 0 49467 ROBBIN CRABTREE DEAN, BELLARMINE COLLEGE 40.0 0.0 X 314405 0 47028 DENNIS DRAPER DEAN, COLLEGE OF BUSINESS ADMI 40.0 0.0 X 413875 0 52090 Michael Dunlap Men's Basketball Coach 40.0 0.0 X 582135 0 56752 DAYLE M SMITH DEAN, COLLEGE OF BUSI. ADMIN. 40.0 0.0 X 329085 0 47077 Stephen G Ujlaki DEAN, SCHOOL OF FILM AND TELEV 40.0 0.0 X 338827 0 44016 VICTOR J GOLD FORMER SVP & DEAN LOYOLA LAW S 40.0 0.0 X 267743 0 50187 PAUL T HAYDEN FORMER INTERIM SVP AND DEAN LL 40.0 0.0 X 221918 0 35871 JOSEPH B HELLIGE FORMER EVP & FORMER PROVOST 40.0 0.0 X 317113 0 45745 James M Landry Former Int VP for Enroll Mgmt 0.0 0.0 X 165623 0 27737 Frederick Garcia Former VP For Facilities MGMT 0.0 0.0 X 133247 0 28550 7036869 0 1000579 509 true true false WARNER CONSTRUCTION 6333 SAN FERNANDO ROAD GLENDALE CA 91201 CONSTRUCTION MGMT 9469177 RPM CONSTRUCTION MANAGEMENT 2785 PACIFIC COAST HWY 806 TORRANCE CA 90505 CONSTRUCTION MGMT 2092408 ALLIED UNIVERSAL SECURITY SERVICES PO BOX 31001-2374 PASADENA CA 91110 SECURITY SERVICES 1563211 SKIDMORE OWINGS MERRILL LLP ONE FRONT STREET SAN FRANCISCO CA 94111 ARCHITECTURAL SVCS 1246528 BERNARDS BRO INC 555 FIRST STREET SAN FRANCISCO CA 91340 CONSTRUCTION MGMT 1219840 17 440829 7080681 35747848 3227098 43269358 TUITION AND FEES 900099 427539582 427539582 AUXILIARY 900099 43186041 43186041 CONFERENCES 532000 4285092 2509058 1776034 FITNESS CENTER 713940 1436308 1275224 161084 STUDY ABROAD FEES 900099 2469236 2469236 7671371 7671371 486587630 6477799 6477799 324446 324446 319292 319292 937050 493070 443980 0 443980 443980 93511501 76652126 16859375 16859375 16859375 313373 440829 414381 -101008 -101008 0 0 0 0 0 0 0 554180872 484650512 1937118 24323884 111782 111782 122708718 122708718 375500 375500 0 4638275 168063 3959493 510719 1331843 974792 357051 179195774 152109177 20334875 6751722 14964692 12592604 1771869 600219 31077990 25960042 3855412 1262536 12615117 10446453 1649100 519564 524707 247119 268011 9577 1090088 1089984 104 588843 588843 0 16064 16064 1323334 84449 1238885 21894429 17890653 3997620 6156 2824953 2212910 611556 487 6569850 4744982 1814455 10413 9363503 6743406 2618374 1723 0 18029634 14423240 3605810 584 8170224 7637362 525052 7810 0 11291094 7822814 3443784 24496 9135242 6237681 2897561 0 29477763 27279014 2198749 1563386 916889 646458 39 STUDENT WORK 11101716 9231251 1867615 2850 BOOKS & PERIODICALS 2909379 2888882 20121 376 EQUIPMENT & MAINTENANCE 1439634 706403 733162 69 AWARDS & PRIZES 1011549 1011468 81 11259098 9668418 1581469 9211 516604181 445194072 61675309 9734800 44024033 57223351 0 0 26620414 24111254 16191221 19279194 490000 335000 0 0 8728787 7339172 0 0 8192718 8148519 1104726350 459010241 635396535 645716109 178470875 187247635 368065900 362421049 26124002 24386145 0 0 0 113010207 1312304485 1449217635 112162850 118481501 0 0 25427680 24569223 114139130 171501852 2195710 1506075 0 0 0 0 0 0 44396508 96291073 298321878 412349724 X 637786502 649028950 167263706 174362433 208932399 213476528 1013982607 1036867911 1312304485 1449217635 X 37576691 -15645314 -524998 2815315 -1336390 X false true X true true true X 35931649 32843151 32621482 41723357 43269358 186388997 0 0 35931649 32843151 32621482 41723357 43269358 186388997 19466362 166922635 7009375 6376082 4643170 5349511 8058587 31436725 0 222336 184152 293834 301955 313373 1315650 219141372 2158989066 0.76171 0.70005 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 1928 false false 1928 false FORM 990, SCHEDULE C, PART II-B, LINE 1 PAYMENT FOR TRAVEL AND COMPENSATION FOR UNIVERSITY EMPLOYEES AND STUDENTS TO ATTEND CAL GRANT LOBBYING DAY IN SACRAMENTO, CA. THE UNIVERSITY PAYS MEMBERSHIP DUES TO MEMBERSHIP ORGANIZATIONS WHICH MAY ENGAGE IN LOBBYING ACTIVITIES. THEREFORE, A PORTION OF THE DUES MAY BE ATTRIBUTABLE TO LOBBYING ACTIVITIES. X X X false false true 477551820 16893174 4246396 6928842 14648544 916000 476198004 457488665 8915421 38779926 12928059 13784133 920000 477551820 418855522 17305101 50506621 13651151 14642428 885000 457488665 448480000 12381078 -14240231 14712685 12201640 851000 418855522 458000000 9758000 13814000 8495255 23726745 870000 448480000 0.50000 0.39000 0.11000 false false 13544986 41131505 54676491 9170540 549328101 156003256 402495385 49236539 34890295 14346244 196124500 160270680 35853820 246190179 107846010 138344169 645716109 COMMINGLED FUNDS 145712368 F ALTERNATIVE INVESTMENT FUNDS 214335681 F REAL ESTATE AND OTHER 2373000 F 362421049 ASSETS LIMITED BY BOND INDENT. 89452103 RIGHT OF USE ASSETS 23558104 113010207 0 US GOVERNMENT GRANTS REFUNDABLE 9284454 ANNUITY LIABILITIES AND ASSETS 762725 LOAN FUNDS RETURNABLE TO DONOR 1169687 TAXABLE BONDS 61194088 LEASE LIABILITY 23880119 96291073 413837738 -15645314 234730 -15410584 429248322 1848332 123084218 124932550 554180872 393767749 1571120 1571120 392196629 1323334 123084218 124407552 516604181 FORM 990, SCHEDULE D, PART III, LINE 1A THE UNIVERSITY HAS ADOPTED SFAS NO. 116 - DISCLOSURE REQUIREMENTS. ASSETS DETERMINED TO BE A COLLECTION OR WORKS OF ART MAY NOT BE INCLUDED IN REVENUES OR GAINS IF THEY ARE NOT CAPITALIZED. THE CAPITALIZATION OF COLLECTIONS IS OPTIONAL. FORM 990, SCHEDULE D, PART III, LINE 4 THE UNIVERSITY MAINTAINS A NUMBER OF ART COLLECTIONS WHICH ARE DESCRIBED IN GREAT DETAIL ON THE UNIVERSITY'S WEBSITE: HTTP://LIBRARY.LMU.EDU /ARCHIVESANDSPECIALCOLLECTIONS. ART AND COLLECTIONS ARE AVAILABLE FOR PUBLIC EXHIBITION AND ARE PRIMARILY USED FOR EDUCATIONAL PURPOSES. FORM 990, SCHEDULE D, PART IV, LINE 2A THE UNIVERSITY SERVES AS TRUSTEE FOR ONE CHARITABLE REMAINDER TRUST AND MAINTAINS THE ASSETS AND CORRESPONDING RESERVE LIABILITIES ON THE BALANCE SHEET. SIMILARLY, THE UNIVERSITY HAS A NUMBER OF ANNUITIES WHERE THE ASSETS AND CORRESPONDING RESERVE LIABILITIES ARE ON THE BALANCE SHEET. FORM 990, SCHEDULE D, PART V, LINE 4 THE OVERALL PURPOSE OF THE ENDOWMENT FUND IS TO PROVIDE A RELATIVELY PREDICTABLE, STABLE, AND CONSISTENT RETURN SUFFICIENT TO MEET A PORTION OF THE SPENDING NEEDS OF THE UNIVERSITY. THE ENDOWMENT FUNDS HAVE BEEN ESTABLISHED TO PROVIDE FUNDING FOR ACTIVITIES THAT SUPPORT THE UNIVERSITY'S EDUCATIONAL MISSION. FORM 990, SCHEDULE D, PART X, LINE 2 THE UNIVERSITY'S FINANCIAL STATEMENTS DO NOT REPORT ANY UNCERTAIN TAX POSITIONS. SCHEDULE D, PART XI, LINE 2D FUNDRAISING DIRECT EXPENSES $414,381 SWAP EXPENSES ($1,336,390) POST RETIREMENT ADJUSTMENT $1,156,739 ---------- $234,730 SCHEDULE D, PART XI, LINE 4B SCHOLARSHIPS $123,084,218 SCHEDULE D, PART XII, LINE 2D FUNDRAISING DIRECT EXPENSES $414,381 POST RETIREMENT ADJUSTMENTS $1,156,739 ------------ $1,571,120 SCHEDULE D, PART XII, LINE 4B SCHOLARSHIPS $123,084,218 true true true true true true true false false false false false false false false true false true FORM 990, SCHEDULE E, LINE 3 THE NON-DISCRIMINATION POLICY IS ACCESSIBLE VIA THE UNIVERSITY'S WEBSITE AND IS INCLUDED IN UNIVERSITY PUBLICATIONS INCLUDING THE UNIVERSITY BULLETIN, RECRUITMENT MATERIALS, ADVERTISEMENTS (STUDENT, FACULTY, STAFF), AND OTHER RELATED MATERIALS. FORM 990, SCHEDULE E, LINE 6A THE UNIVERSITY RECEIVES ASSISTANCE FROM THE FOLLOWING STATE AND FEDERAL AGENCIES: 1. DEPARTMENT OF HEALTH AND HUMAN SERVICES 2. NATIONAL SCIENCE FOUNDATION 3. U.S. DEPARTMENT OF EDUCATION 4. U.S. DEPARTMENT OF AGRICULTURE 5. INSTITUTE OF MUSEUM AND LIBRARY SERVICES 6. DEPARTMENT OF DEFENSE 7. DEPARTMENT OF JUSTICE 8. ENVIRONMENTAL PROTECTION AGENCY true Central America and the Caribbean 28 Program Services STUDY ABROAD/SUMMER PR 110146 East Asia and the Pacific 39 Program Services STUDY ABROAD/SUMMER PR 697426 Europe (Including Iceland and Greenland) 70 Program Services STUDY ABROAD/SUMMER PR 799069 Middle East and North Africa 3 Program Services STUDY ABROAD/SUMMER PR 170659 North America 19 Program Services STUDY ABROAD/SUMMER PR 26021 South America 4 Program Services STUDY ABROAD/SUMMER PR 287662 South Asia 3 Program Services STUDY ABROAD/SUMMER PR 23539 Sub-Saharan Africa 5 Program Services STUDY ABROAD/SUMMER PR 10947 Central America and the Caribbean 0 0 Investments 146133239 Europe (Including Iceland and Greenland) 0 0 Investments 708884 0 171 0 171 148967592 148967592 Scholarships for Tuition East Asia and the Pacific 14 44350 CR STUD ACCT Scholarships for Tuition Europe (Including Iceland and Greenland) 99 278400 CR STUD ACCT Scholarships for Tuition Central America and the Caribbean 2 11500 CR STUD ACCT Scholarships for Tuition South America 4 17200 CR STUD ACCT Scholarships for Tuition Sub-Saharan Africa 8 13000 CR STUD ACCT SCHOLARSHIPS FOR TUITION Middle East and North Africa 1 11050 CR STUD ACCT true false true true true false MONITORING PROCEDURES- FORM 990, SCHEDULE F, PART I, LINE 2 SCHOLARSHIPS PROVIDED TO STUDENTS WHILE ABROAD ARE CREDITED TO THE STUDENT'S UNIVERSITY ACCOUNT IN THE US AND ARE NON-CASH TRANSACTIONS. X true STOCKADE CONSULTING GROUP 650 FRANKLIN STREET SCHENECHTADY NY 12305 Phone Solicitatio false 28034 16064 11970 28034 16064 11970 CJ Dinner 235550 183850 51700 139825 0 24697 LAA Dinner 217217 75975 141242 800 34631 13853 17631 3 301435 181004 120431 88211 1500 93233 754202 440829 313373 800 262667 15353 135561 414381 -101008 true Teach For America 606 S Olive ST Los Angeles CA 90014 133541913 501(C)(3) 15000 FMV NA SPONSORSHIP ISHA FOUNDATION INC 951 ISHA LANE MCMINNVILLE TN 37110 621794866 501(c)(3) 10000 FMV NA Sponsorship 2 0 SCHOLARSHIPS/GRANTS FOR STUDENTS 7459 122708718 FORM 990, SCHEDULE I, PART I, LINE 2 THE UNIVERSITY AWARDS GRANTS/SCHOLARSHIPS ACCORDING TO UNIVERSITY POLICY. GRANTS AND SCHOLARSHIPS AWARDED TO STUDENTS ARE MONITORED BY MANAGEMENT. RECONCILIATION BETWEEN FINANCIAL AID AND ACCOUNTING ARE DONE ON A MONTHLY BASIS. SCHEDULE I, PART III CASH GRANTS ARE CREDITED TO STUDENT ACCOUNTS. X X X false true X X X true false false false false false false false false Timothy Law Snyder PRESIDENT/TRUSTEE 507459 0 0 0 14643 0 24500 0 75958 0 622560 0 0 0 Elena M Bove SVP for Student Affairs 234547 0 0 0 30729 0 24500 0 31346 0 321122 0 0 0 Thomas O Fleming Jr SVP & CHIEF FINANCIAL OFFICER 281461 0 0 0 31880 0 24500 0 31466 0 369307 0 0 0 Thomas Poon EVP and Provost 350136 0 0 0 24822 0 24500 0 22804 0 422262 0 0 0 Evelynne B Scarboro EVP and CAO 352933 0 0 0 14751 0 24500 0 15963 0 408147 0 0 0 DENNIS SLON SVP FOR UNIV. RELAT(THRU 7/18) 221859 0 0 0 332995 0 18298 0 14215 0 587367 0 0 0 KRISTINE WADE INTERIM SVP OF UA (START 7/18) 259739 0 0 0 279 0 13459 0 31969 0 305446 0 0 0 Michael E Waterstone SVP and Dean of Law School 382342 0 0 0 19052 0 18500 0 34290 0 454184 0 0 0 CAROLINE T WILHELM TREASURER 199123 0 0 0 1067 0 18500 0 2308 0 220998 0 0 0 Rebecca L Chandler VP for Human Resources 221584 0 0 0 5311 0 24500 0 7657 0 259052 0 0 0 Timothy S Haworth VP for Facilities Management 199097 0 0 0 1296 0 24000 0 8326 0 232719 0 0 0 Maureen P Weatherall VP OF Enrollment Management 245185 0 0 0 20608 0 24500 0 24967 0 315260 0 0 0 VICTOR J GOLD FORMER SVP & DEAN LOYOLA LAW S 264342 0 0 0 3401 0 24500 0 25687 0 317930 0 0 0 PAUL T HAYDEN FORMER INTERIM SVP AND DEAN LL 215243 0 0 0 6675 0 11238 0 24633 0 257789 0 0 0 JOSEPH B HELLIGE FORMER EVP & FORMER PROVOST 290315 0 0 0 26798 0 15237 0 30508 0 362858 0 0 0 ROBBIN CRABTREE DEAN, BELLARMINE COLLEGE 290112 0 0 0 24293 0 24500 0 22528 0 361433 0 0 0 DENNIS DRAPER DEAN, COLLEGE OF BUSINESS ADMI 360282 0 0 0 53593 0 24500 0 27590 0 465965 0 0 0 Michael Dunlap Men's Basketball Coach 575190 0 0 0 6945 0 24500 0 32252 0 638887 0 0 0 DAYLE M SMITH DEAN, COLLEGE OF BUSI. ADMIN. 233225 0 0 0 95860 0 11104 0 35973 0 376162 0 0 0 Stephen G Ujlaki DEAN, SCHOOL OF FILM AND TELEV 282785 0 0 0 56042 0 20330 0 23686 0 382843 0 0 0 James M Landry Former Int VP for Enroll Mgmt 161679 0 0 0 3944 0 8439 0 19298 0 193360 0 0 0 Frederick Garcia Former VP For Facilities MGMT 127634 0 0 0 5613 0 24500 0 4050 0 161797 0 0 0 FORM 990, SCHEDULE J, PART I, LINE 1A AND 1B SOCIAL CLUB DUES THREE OFFICERS RECEIVE SOCIAL CLUB DUES AND REIMBURSE THE UNIVERSITY FOR ANY PERSONAL USE. PAYMENT OF SOCIAL CLUB DUES FOR BUSINESS USE IS IN ACCORDANCE WITH UNIVERSITY POLICY. BUSINESS USE IS NON-TAXABLE TO THE INDIVIDUALS LISTED ABOVE IN ACCORDANCE WITH THE IRS ACCOUNTABLE PLAN RULES. TRAVEL FOR COMPANIONS THE UNIVERSITY ALSO PROVIDED TRAVEL REIMBURSEMENT FOR ONE OFFICER'S SPOUSE RELATED TO UNIVERSITY BUSINESS. THE BOARD OF TRUSTEES HAS APPROVED SPOUSAL TRAVEL FOR CERTAIN FUNDRAISING EVENTS IN WHICH THE SPOUSE IS ACTING AS AN AGENT FOR THE UNIVERSITY DURING THESE EVENTS. THESE REIMBURSEMENTS WERE NON-TAXABLE IN ACCORDANCE WITH THE IRS ACCOUNTABLE PLAN RULES. HOUSING ALLOWANCE TEMPORARY HOUSING ALLOWANCE MAY BE PROVIDED WHEN EXECUTIVES ARE HIRED AND ARE RELOCATING FROM OUTSIDE THE AREA. NO PERMANENT HOUSING ALLOWANCES WERE PROVIDED DURING THE REPORTING PERIOD. ONE OFFICER RECEIVED A TEMPORARY HOUSING ALLOWANCE. THIS ALLOWANCE IS TAXABLE IN ACCORDANCE WITH THE IRS ACCOUNTABLE PLAN RULES. RESIDENCE FOR PERSONAL USE HOUSING IS PROVIDED TO THE CURRENT PRESIDENT IN PROXIMITY TO THE UNIVERSITY CAMPUS. THE VALUE OF HOUSING IS NOT REPORTED ON FORM W-2 AS TAXABLE INCOME AS THE PRESIDENT IS REQUIRED TO ACCEPT SUCH LODGING AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE UNIVERSITY. THE RENTAL VALUE OF THE PORTION OF THE PRESIDENT'S HOME THAT IS USED FOR PERSONAL PURPOSES IS INCLUDED AS A NONTAXABLE BENEFIT TO THE PRESIDENT AND IS REPORTED ON SCHEDULE J, PART II, COLUMN (D). EXPENSES AND REIMBURSEMENTS FOR THE ABOVE NOTED ITEMS ARE REVIEWED AND APPROVED AS APPROPRIATE BY THE RELEVANT AUTHORITIES. WHILE THE UNIVERSITY DOES NOT HAVE A SEPARATE WRITTEN POLICY REGARDING PAYMENT AND REIMBURSEMENT FOR THOSE EXPENSES, THE UNIVERSITY POLICY FOR ALL REIMBURSEMENTS IS COMPREHENSIVE AND UNUSUAL EXPENSES, IF ANY, OR REIMBURSEMENT REQUESTS, IF ANY, WOULD BE EVALUATED. FORM 990, SCHEDULE J, PART I, LINE 4A SEVERANCE PAYMENTS: DENNIS SLON RECEIVED A LUMP SUM SEVERANCE PAYMENT OF $325,368 IN CALENDAR YEAR 2018. A California Educational Facilities Authority 521705592 130178H25 2011-11-22 23629875 Refunding CEFA 2001A CIB false false false B California Educational Facilities Authority 521705592 1301758BL 2015-06-17 30025000 CEFA REFUND SERIES 2010 B false false false C California Educational Facilities Authority 521705592 130178VP8 2010-03-30 67035951 TO CONSTRUCT AND RENOVATE false false false D CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 130179RE6 2018-11-07 64451816 TO CONSTRUCT AND RENOVATE false false false A 15619875 0 23629875 0 0 0 390049 0 0 0 23239826 0 2011 true false true true B 3200000 0 30025000 0 0 0 0 0 0 0 30025000 0 2015 true false true true C 23025951 0 67035951 0 0 0 627483 0 0 24128841 42279627 0 2011 true false true true D 0 0 64451816 0 4000430 0 451386 0 0 9152113 0 50847887 2020 false false false true A false false false 0 true B false true true true false 0.03300 0.00600 0.03900 false false false true C false true true true false 0.01200 0.00200 0.01400 false false false true D false false false false 0 false false false true A false true true false false false 0 false 0 false true B false true true false true false 0 false 0 false true C false false true false false false 0 false 0 false true D false true false false false false 0 false 0 false true A true B true C true D true MAUREEN WEATHERALL KEY EMPLOYEE Home Equity X 150000 75000 false true true THOMAS POON OFFICER HOME EQUITY X 200000 200000 false true true 275000 X 2 175240 FMV X 264942 FMV X 77 2384304 FMV X OTHER: ATHLETIC EQUIP. 9 136286 FMV X OTHER: FOOD 252 83986 FMV X Other: Scientific Equiptment 1 182340 FMV false true false SCHEDULE M, PART I, COLUMN B: THE UNIVERSITY IS REPORTING THE NUMBER OF CONTRIBUTIONS AND NOT THE NUMBER OF ITEMS. SCHEDULE M, PART I, LINE 32B: THE UNIVERSITY MAY UTILIZE EXTERNAL REAL ESTATE PROFESSIONALS TO LIQUIDATE REAL ESTATE CONTRIBUTIONS. SCHEDULE M, PART I, 33: THE UNIVERSITY HAS ADOPTED SFAS NO. 116 - DISCLOSURE REQUIREMENTS. ASSETS DETERMINED TO BE A COLLECTION OR WORKS OF ART MAY NOT BE INCLUDED IN REVENUES OR GAINS IF THEY ARE NOT CAPITALIZED. THE CAPITALIZATION OF COLLECTIONS IS OPTIONAL. FORM 990, PART I, LINE 1 & PART III, LINE 1 ORGANIZATION'S MISSION LOYOLA MARYMOUNT UNIVERSITY MAINTAINS A THREE-FOLD MISSION: 1) THE ENCOURAGEMENT OF LEARNING, 2) THE EDUCATION OF THE WHOLE PERSON, AND 3) THE SERVICE OF FAITH AND THE PROMOTION OF JUSTICE. FORM 990, PART I, LINE 5 AND PART V, LINE 2A A TOTAL OF 7,583 INDIVIDUALS WERE SENT FORMS W-2 BY THE UNIVERSITY IN CALENDAR YEAR 2018. FORM 990, PART I, LINE 6 THERE ARE A NUMBER OF STUDENTS AND ALUMNI WHO VOLUNTEER THEIR TIME FOR VARIOUS PURPOSES AT THE UNIVERSITY. THESE VOLUNTEERS, HOWEVER, ARE NOT FORMALLY TRACKED BY THE UNIVERSITY. FORM 990, PART III, LINE 4A LOYOLA MARYMOUNT UNIVERSITY IS AN INDEPENDENT, COEDUCATIONAL UNIVERSITY. IN FISCAL 2019, LMU PROVIDED INSTRUCTION, RESEARCH, STUDENT SERVICES, AND ACADEMIC SUPPORT FOR 9,358 FULL-TIME EQUIVALENT STUDENTS. OF THESE STUDENTS, 6,584 WERE UNDERGRADUATES, 1,726 WERE IN VARIOUS GRADUATE PROGRAMS, AND 1,048 WERE ENROLLED AT LOYOLA LAW SCHOOL. FULL TIME FACULTY EMPLOYED WAS 600, PART-TIME WAS 584, FOR A TOTAL FACULTY OF 1,184. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF TRUSTEES OF LOYOLA MARYMOUNT UNIVERSITY HAS AN EXECUTIVE COMMITTEE WHICH MAY ACT FOR AND IN PLACE OF THE BOARD OF TRUSTEES BETWEEN REGULAR BOARD MEETINGS AND DURING ANY RECESS. ONLY TRUSTEES CAN BE MEMBERS OF THE EXECUTIVE COMMITTEE. IN NO EVENT SHALL THE EXECUTIVE COMMITTEE CONSIST OF LESS THAN THREE MEMBERS. EACH CATEGORY OF MEMBERSHIP OF THE BOARD (LAY PERSONS, JESUITS AND SISTERS) SHALL HAVE REPRESENTATION ON THE EXECUTIVE COMMITTEE. THE CHAIR OF THE BOARD SHALL CHAIR THE EXECUTIVE COMMITTEE, AND THE PRESIDENT SHALL BE A MEMBER, EX OFFICIO. THE BOARD EXECUTIVE COMMITTEE SHALL HAVE ALL OF THE POWERS OF THE BOARD OF TRUSTEES AND EXERCISE ALL OF ITS DUTIES, EXCEPT: (I) THOSE WHICH REQUIRE BY LAW, THE ARTICLES OF INCORPORATION OR THE BYLAWS CONCURRENCE BY A GREATER NUMBER OF MEMBERS OF THE BOARD THAN REQUIRED FOR BOARD APPROVAL; AND (II) THOSE WHICH MAY, FROM TIME TO TIME, BE SPECIFICALLY WITHHELD FROM THE EXECUTIVE COMMITTEE BY THE BOARD OR THE BYLAWS. FORM 990, PART VI, SECTION A, LINE 11A IN CONJUNCTION WITH PRICEWATERHOUSECOOPERS, A FORM 990 IS PREPARED FOR MANAGEMENT REVIEW. THE FORM 990 IS THEN REVIEWED BY THE AUDIT COMMITTEE. A COPY OF THE FORM 990 WAS PROVIDED TO THE UNIVERSITY'S GOVERNING BODY BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY FOR ADMINISTRATIVE EMPLOYEES (INCLUDING OFFICERS AND KEY EMPLOYEES) IS COMPLETED BY THOSE INDIVIDUALS WHO ARE NOT ON THE FACULTY WHEN HIRED. IT IS UPDATED ANNUALLY OR AT A TIME OF SIGNIFICANT CHANGE IN INTEREST OCCURRING THEREAFTER BY ALL INDIVIDUALS DESIGNATED BY THE SENIOR VICE PRESIDENT OF A DIVISION OR BY THE PRESIDENT FOR THE UNIVERSITY AS A WHOLE. INTERNAL AUDIT ADMINISTERS THE DISTRIBUTION AND COLLECTION OF THE ANNUAL DISCLOSURES WORKING WITH THE APPROPRIATE SENIOR VICE PRESIDENTS. IN ACCORDANCE WITH THE POLICY, FOR MATTERS DISCLOSED, A WRITTEN DETERMINATION AS TO WHETHER THE MATTER CONSTITUTES A CONFLICT IS MADE BY THE SENIOR VICE PRESIDENT OF THE EMPLOYEE'S DIVISION. THE EMPLOYEE IS INFORMED OF THE DETERMINATION. THE TRUSTEES' CONFLICT OF INTEREST POLICY IS ADMINISTERED BY THE PRESIDENT'S OFFICE ANNUALLY, AND DISCLOSURES ARE REVIEWED BY THE UNIVERSITY'S GENERAL COUNSEL. IF IT IS DETERMINED THAT A CONFLICT EXISTS, THE TRUSTEE DOES NOT VOTE WITH THE BOARD OF TRUSTEES ON MATTERS THAT RELATE TO THAT CONFLICT. A SEPARATE POLICY EXISTS FOR FACULTY MEMBERS WHO DO NOT HAVE BUDGET AUTHORITY (THE FACULTY POLICY). FORM 990, PART VI, SECTION B, LINE 15 AN INDEPENDENT COMPENSATION CONSULTANT COMPLETES A COMPREHENSIVE STUDY OF EXECUTIVE COMPENSATION EVERY OTHER YEAR IN ODD YEARS, AND USES A PREDETERMINED COMPARATOR GROUP OF UNIVERSITIES AND SIMILAR SIZED ORGANIZATIONS TO BENCHMARK LEADERSHIP POSITIONS. WELL RECOGNIZED SALARY SURVEY DATA IS USED. ALL EXECUTIVES ARE EMPLOYED "AT WILL" BUT COMPENSATION AT TIME OF HIRE IS ARTICULATED IN THEIR EMPLOYMENT AGREEMENTS. THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE COMPENSATION FOR THE PRESIDENT AND CFO ANNUALLY. THE MEMBERS OF THE SOCIETY OF JESUS, THE RELIGIOUS OF THE SACRED HEART OF MARY, AND THE SISTERS OF ST. JOSEPH OF ORANGE CONSTITUTE APROXIMATELY 2% OF THE UNIVERSITY'S FULL AND PART-TIME FACULTY AND ADMINISTRATIVE STAFF. DURING THE YEAR ENDED MAY 31, 2019, THE UNIVERSITY PAID THESE RELIGIOUS COMMUNITIES APPROXIMATELY $3,512,000 FOR THEIR SERVICES. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S FINANCIAL STATEMENTS, FORM 990, AND CONFLICT OF INTEREST POLICY ARE ALL AVAILABLE FOR PUBLIC REVIEW ON THE UNIVERSITY'S WEBSITE. THE UNIVERSITY'S GOVERNING DOCUMENTS ARE AVAILABLE FOR PUBLIC REVIEW UPON REQUEST. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS: DECREASE IN VALUE OF INTEREST SWAP AGREEMENT $1,336,390 FUNDACION LMU - CASA DE LA MATEADA CALLE LAVERAN 5551 VILLA BELGRANO CORDOBA AR EDUCATION AR 501(C)(3) LMU true NA CHARITABLE REMAINDER TRUSTS (11) FUNDRAISING CA NA TRUST false false false false false false false false false false false false false false false true false false false FOUNDATION LMU - CASA DE LA MATEADA P 93652 WIRE TRANSFER