2019-05-10T08:13:56-05:00 2018-06-30 340677006 MALONEY NOVOTNY LLC 1111 SUPERIOR AVE SUITE 700 CLEVELAND OH 441142540 990 2017-07-01 314379435 CAPITAL UNIVERSITY CAPI 6142366813 1 COLLEGE AND MAIN COLUMBUS OH 43209 WILLIAM E MEA VP-BUSINESS&FINANCE&TREASURER 6142366813 2019-05-10 1 CHRISTOPHER B ANDERSON P00226559 2163630100 209.116.109.2 2019-05-01 09:33:19 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 F0962BFF9ACD815FD594AA84AFE8725155222DCF 2017 2019-02-21 02:37:17Z ELIZABETH PAUL 1 COLLEGE AND MAIN COLUMBUS OH 43209 141428700 0 X WWW.CAPITAL.EDU X 1830 OH TRANSFORMING LIVES FOR A BRIGHTER WORLD. WITH A VISION OF: PURPOSEFUL PEOPLE; COURAGEOUS COMMUNITY; HOPEFUL HUMANITY. VALUING FREE INQUIRY, ETHICAL STEWARDSHIP, CHALLENGING BOUNDARIES, AUTHENTIC CONTRIBUTIONS, OPEN COMMUNITY, AND EMBRACING HOPE. 32 27 1935 34 2860 3726 6106364 7975810 112593889 114650608 3458837 4246107 -78007 85528 122081083 126958053 51824041 51979825 0 0 43802202 46818670 0 0 1941128 28609873 30555785 124236116 129354280 -2155033 -2396227 229265535 282628577 54384267 51624776 174881268 231003801 X TRANSFORMING LIVES FOR A BRIGHTER WORLD. WITH A VISION OF: PURPOSEFUL PEOPLE; COURAGEOUS COMMUNITY; HOPEFUL HUMANITY. VALUING FREE INQUIRY, ETHICAL STEWARDSHIP, CHALLENGING BOUNDARIES, AUTHENTIC CONTRIBUTIONS, OPEN COMMUNITY, AND EMBRACING HOPE. 1 0 81260484 46964738 83499362 CAPITAL UNIVERSITY PROVIDES ACADEMIC OPPORTUNITIES TO 2,699 STUDENTS IN ITS UNDERGRADUATE PROGRAMS. THE UNIVERSITY OFFERS FOUR UNDERGRADUATE DEGREES WITH MORE THAN 70 MAJORS, TAUGHT BY APPROXIMATELY 160 FULL-TIME GRADUATE AND UNDERGRADUATE FACULTY. MORE THAN 2,446 STUDENTS RECEIVE INSTITUTIONAL FINANCIAL ASSISTANCE IN THE FORM OF SCHOLARSHIPS AND GRANTS. SINCE CAPITAL IS IN A METROPOLITAN SETTING IN THE COLUMBUS SUBURB OF BEXLEY, STUDENTS ENJOY MANY ACADEMIC, CULTURAL, RECREATIONAL AND SOCIAL ACTIVITIES. THE ACADEMIC EXPERIENCE AT CAPITAL INCLUDES A RICH VARIETY OF INTERNSHIPS AND EDUCATIONAL OPPORTUNITIES FOR STUDENTS IN COOPERATION WITH NATIONAL CORPORATIONS, HEALTH AND NON-PROFIT AGENCIES AND GOVERNMENTAL OFFICES. 21310692 0 15118069 PUBLIC SERVICE AND INSTITUTIONAL SUPPORT. 16865650 5015087 16033177 CAPITAL UNIVERSITY PROVIDES ACADEMIC OPPORTUNITIES TO 685 STUDENTS IN ITS GRADUATE DEGREE PROGRAMS. THE UNIVERSITY OFFERS SEVEN GRADUATE DEGREES IN LAW, TAXATION, BUSINESS, NURSING, MUSIC AND EDUCATION. MORE THAN 300 GRADUATE STUDENTS RECEIVE INSTITUTIONAL FINANCIALASSISTANCE IN THE FORM OF SCHOLARSHIPS AND GRANTS. IN ADDITION TO THE GRADUATE PROGRAMS HOUSED ON THE MAIN CAMPUS IN THE SUBURB OF BEXLEY, THE CAPITAL UNIVERSITY LAW SCHOOL IS LOCATED IN DOWNTOWN COLUMBUS, PROVIDING STUDENTS THE PROSPECT OF ENHANCING THEIREDUCATION THROUGH INTERNSHIPS AND OTHER OPPORTUNITIES WITH FEDERAL, STATE AND COUNTY AGENCIES AND WITH LAW FIRMS IN OHIO'S CAPITAL CITY. 119436826 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 4952 0 1 1935 1 1 1 0 0 0 0 0 0 0 0 0 X 32 27 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X DERRICK ANTWI CONTROLLER 6142366292 1 COLLEGE AND MAIN COLUMBUS OH 432092394 MICHELLE ADAMS TRUSTEE 2.00 X 0 0 0 PAUL CHODAK TRUSTEE 2.00 X 0 0 0 DAN CREEKMUR TRUSTEE 2.00 X 0 0 0 SUZANNE DILLAHUNT TRUSTEE 2.00 X 0 0 0 JUNE FRYMAN TRUSTEE 2.00 X 0 0 0 BONNIE GERBER TRUSTEE 2.00 X 0 0 0 DICK HARTMANN TRUSTEE 2.00 X 0 0 0 BILL HAUEISEN TRUSTEE 2.00 X 0 0 0 JAMES HAVENS TRUSTEE 2.00 X 0 0 0 TODD HENRY TRUSTEE 2.00 X 0 0 0 SUSAN JABLONSKI TRUSTEE 2.00 X 0 0 0 BELINDA MOLIHAN JONES TRUSTEE 2.00 X 0 0 0 JEAN KOHLER TRUSTEE 2.00 X 0 0 0 MICHAEL LANCASTER TRUSTEE 2.00 X 0 0 0 ANN LEAK TRUSTEE 2.00 X 0 0 0 JUDY LEIDY TRUSTEE 2.00 X 0 0 0 RICHARD LOMBARDI TRUSTEE 2.00 X 0 0 0 TED LONG TRUSTEE 2.00 X 0 0 0 LEE ANNE LOWMAN TRUSTEE 2.00 X 0 0 0 STEVE LYONS TRUSTEE 2.00 X 0 0 0 CAROL MCWILLIAMS TRUSTEE 4.00 X 0 0 0 NEIL MORTINE TRUSTEE 2.00 X 0 0 0 BERNIE OSTROWSKI CHAIR 4.00 X X 0 0 0 JOHN PHILLIPS TRUSTEE 2.00 X 0 0 0 ANDRE PORTER VICE CHAIR 2.00 X X 0 0 0 JACQUELINE PRIMEAU TRUSTEE 2.00 X 0 0 0 HARRY RADUEGE TRUSTEE 2.00 X 0 0 0 RON ST PIERRE TRUSTEE 2.00 X 0 0 0 CURTIS STITT TRUSTEE 2.00 X 0 0 0 EJ THOMAS TRUSTEE 2.00 X 0 0 0 STEVE WACHTMAN TRUSTEE 2.00 X 0 0 0 JOHN WALKER TRUSTEE 2.00 X 0 0 0 WILLIAM WIECHER TRUSTEE 2.00 X 0 0 0 KATHY WOLFGRAM SECRETARY 2.00 X X 0 0 0 MORITZ ZIEGLER TRUSTEE 2.00 X 0 0 0 ELIZABETH PAUL PRESIDENT 50.00 X X 402627 0 56422 JODY FOURNIER PROVOST&VP OF LEARNING(BEGAN 6/17) 50.00 X 173439 0 42078 WILLIAM MEA VP-BUS.&FIN.&TREAS.(BEGAN 10/17) 50.00 X 52324 0 9797 MIKE HORAN VP-BUS.&FIN.&TREAS.(1/17-6/17) 50.00 X 222533 0 36986 JP SPAGNOLO VP STRATEGIC ENROLLMENT 50.00 X 155444 0 41281 TERRY LAHM INTER.PROVOST&VP ACAD.AFF.(1/17-5/17) 50.00 X 148601 0 26777 TANYA POTEET UNIV. COUNSEL,ASST.SECRETARY 50.00 X 200884 0 18106 JENNIFER PATTERSON VP ADVANCEMENT 50.00 X 205003 0 39634 TINA GUEGOLD VP INTEG.MKTG.&COMM.(BEGAN 5/17) 50.00 X 138816 0 28816 DERRICK ANTWI CONTROLLER/ASST TREAS.(9/17-12/17) 50.00 X 90928 0 21865 MARY ELLEN BORCHERS AVP BUS.&FIN.,ASST.TREAS.(1/17-9/17) 50.00 X 63915 0 24399 RACHEL JANUTIS DEAN OF LAW SCHOOL 50.00 X 202277 0 37251 JACK GUTTENBERG FACULTY 50.00 X 195164 0 42420 DAN TURACK FACULTY 50.00 X 196582 0 41042 MARK BROWN FACULTY 50.00 X 196819 0 37095 MARK STRASSER FACULTY 50.00 X 176129 0 46364 JEFFREY FERRIELL FACULTY 50.00 X 187739 0 32049 DENVY BOWMAN FORMER PRESIDENT 50.00 X 239757 0 33180 RICHARD ASHBROOK FORMER PROVOST&VP ACAD.AFFAIRS 50.00 X 159628 0 26479 KEVIN SAYERS FORMER VP PLANNING&ADV. 50.00 X 101712 0 39912 3510321 0 681953 26 1 1 0 ARAMARK SERVICES PO BOX 7548 PHILADELPHIA PA 19101 DINING SERVICES 3840161 AETNA INTEGRATED SERVICES PO BOX 145200 CINCINNATI OH 45250 CLEANING SERVICES 1878138 TURNER CONSTRUCTION 262 HANOVER STREET COLUMBUS OH 43214 CONSTRUCTION 1353379 PRESIDIO HOLDINGS PO BOX 677638 DALLAS TX 75267 TECHNOLOGY SERVICES 960653 WOLFE INSURANCE GROUP 630 E BROAD ST COLUMBUS OH 43215 INSURANCE 504825 29 13450 1243596 6718764 214111 7975810 EDUCATIONAL PROGRAMS-UNDERGRAD. 611710 83499362 83499362 EDUCATIONAL PROGRAMS-GRADUATE 611710 16033177 16033177 AUXILIARIES 611710 13521819 13521819 GENERAL EDUCATIONAL PROGRAMS 611710 397885 397885 BOOKSTORE REVENUE 451211 167224 167224 1031141 1031141 114650608 3131881 2860 3129021 269705 183595 86110 86110 86110 15400146 14285920 1114226 1114226 1114226 550 13450 1132 -582 -582 126958053 114650608 2860 4328775 51802315 51802315 177510 177510 2081393 524316 1311812 245265 32903587 29843014 2062336 998237 2549535 2204241 244916 100378 6792011 5886912 654101 250998 2492144 2170163 241129 80852 60833 60833 68421 68421 384937 384937 8267272 7360343 816739 90190 263205 236727 26303 175 2471347 2170304 241145 59898 1630648 1467583 163065 3624780 3262302 362478 1110058 933526 103725 72807 1611842 1412563 156951 42328 834553 751098 83455 8390507 7551456 839051 1095777 986199 109578 EXPENSES RELATED TO TLS 312268 281041 31227 ALLOW.-DOUBTFUL ACCTS. 288126 288126 OTHER INDIRECT COSTS 141211 127087 14124 129354280 119436826 7976326 1941128 10744271 6713432 533670 1231911 6748124 6591580 17866 87265 957031 881207 246042919 112389105 110841377 133653814 81167292 105415956 12290183 17404992 5965721 10648420 229265535 282628577 10321270 9138644 3173304 3173476 32290000 30762554 876767 1348293 7722926 7201809 54384267 51624776 X 102729552 125602336 22456842 26528964 49694874 78872501 174881268 231003801 229265535 282628577 X -2396227 3475931 55042829 X 0 1 X 1 1 1 X 6276781 6475702 7444040 6106364 7975810 34278697 6276781 6475702 7444040 6106364 7975810 34278697 4298892 29979805 2630140 2530354 2258138 2671556 3401586 13491774 2053 3113 915 1569 7650 5880 680 710 740 550 8560 47786681 561351967 0.62740 0.58960 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING REVENUE - 2013 AMOUNT: $ 5,880. 2014 AMOUNT: $ 680. 2015 AMOUNT: $ 710. 2016 AMOUNT: $ 740. 2017 AMOUNT: $ 550. 1722988 X X X 0 77902629 27858001 4958132 1554761 1818363 107345638 70688518 2192013 8160784 2271618 867068 77902629 71699084 3841107 -1866480 1758723 1080384 146086 70688518 74031467 1351184 -669823 1800593 963581 249570 71699084 65904126 1189464 9786431 1691304 916898 240352 74031467 0.12910 0.72000 0.15090 1 0 17066671 17066671 124333930 51862616 72471314 37028403 17709542 19318861 53941998 36452928 17489070 13671917 6364019 7307898 133653814 HEDGE FUNDS 7967788 F PRIVATE EQUITY FUNDS 9437204 F 17404992 AGENCY FUNDS HELD FOR OTHERS 269254 ADVANCES FROM GOVT-STUDENT LOANS 5168370 ANNUITIES PAYABLE 670633 POSTRETIREMENT BENEFIT OBLIGATIONS 1093552 7201809 X 78695199 3475931 -29501 3446430 75248769 384937 51324347 51709284 126958053 77953658 183595 183595 77770063 384937 51199280 51584217 129354280 PART III, LINE 4: DESCRIPTION OF ART COLLECTIONS - THE COLLECTION CONSISTS OF A WIDE-RANGE OF ARTWORK COVERING MORE THAN 2,000 YEARS FROM MANY CULTURES AND MEDIUMS. THE MISSION OF THE GALLERY IS TO PROMOTE USE AS AN INTEGRAL PART OF THE TEACHING MISSION OF THE UNIVERSITY AND TO CONTRIBUTE TO INTELLECTUALLY STIMULATING, CREATIVE CULTURE ENVIRONMENT FOR THE UNIVERSITY AND THE COMMUNITY. PART V, LINE 4: INTENDED USE OF ENDOWMENT FUNDS - ENDOWMENT FUNDS PROVIDE SUPPORT FOR STUDENT SCHOLARSHIPS, SUPPORT FOR GENERAL OPERATIONS, AND SUPPORT FOR SPECIFIC PROGRAMS IDENTIFIED BY DONORS. PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE - THE INTERNAL REVENUE SERVICE HAS RULED THAT CAPITAL UNIVERSITY IS A TAX-EXEMPT EDUCATIONAL INSTITUTION UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PRESCRIBE RECOGNITION THRESHOLDS AND MEASUREMENT ATTRIBUTES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TAX BENEFITS WILL BE RECOGNIZED ONLY IF A TAX POSITION IS MORE-LIKELY-THAN-NOT SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED WILL BE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT WILL BE RECORDED. MANAGEMENT HAS CONCLUDED THAT THEY ARE UNAWARE OF ANY TAX BENEFITS OR LIABILITIES TO BE RECOGNIZED AT JUNE 30, 2018 OR 2017. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED WITH REVENUE ON FORM 990, PART VIII, LINE 6 183,595. POSTRETIREMENT BENEFIT OBLIGATION RELATED CHANGES OTHER THAN PERIODIC COSTS 98,040. FUNDRAISING EVENTS EXPENSES NETTED WITH REVENUE ON FORM 990,PART VIII,LINE 8 1,132. EXPENSES RELATED TO TRINITY LUTHERAN SEMINARY REUNION -312,268. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID EXPENSE 51,199,280. ACTUARIAL CHANGE IN ANNUITY LIABILITY 114,067. NET LOSS ON UNCOLLECTIBLE PLEDGES 11,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED WITH REVENUE ON FORM 990, PART VIII, LINE 6 183,595. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID EXPENSE 51,199,280. PART V, LINE 1B, CURRENT YEAR COLUMN: INCLUDED IN CURRENT YEAR CONTRIBUTIONS TO ENDOWMENT IS THE TRANSFER-IN OF ENDOWMENT ASSETS FROM TRINITY LUTHERAN SEMINARY OF $24,484,448. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 NON-DISCRIMINATORY LANGUAGE IS PUBLISHED IN THE ADMISSION VIEW BOOK, THE VARIOUS STUDENT BULLETINS, AND IN ALL MAJOR UNIVERSITY PUBLICATIONS AIMED TO THE STUDENT/PARENT AUDIENCE. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES FINANCIAL ASSISTANCE FROM THE U.S. GOVERNMENT IN CONNECTION WITH PERKINS STUDENT LOANS, NURSING STUDENT LOANS, NURSING FACULTY LOAN PROGRAM, COLLEGE WORK-STUDY, PELL GRANTS AND SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAMS. CAPITAL UNIVERSITY ALSO RECEIVES SUPPORT FROM THE STATE OF OHIO FOR SIMILAR AID PROGRAMS. 1 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 12778038 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 1 PROGRAM SERVICES STUDY ABROAD 18615 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 2 PROGRAM SERVICES TRAVEL AND RESEARCH 30559 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 12 PROGRAM SERVICES STUDY ABROAD 151905 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 8 PROGRAM SERVICES TRAVEL AND RESEARCH 67628 MIDDLE EAST AND NORTH AFRICA 0 1 PROGRAM SERVICES STUDY ABROAD 6990 NORTH AMERICA 0 4 PROGRAM SERVICES TRAVEL AND RESEARCH 25770 RUSSIA AND NEIGHBORING STATES 0 2 PROGRAM SERVICES TRAVEL AND RESEARCH 1435 SOUTH ASIA 0 1 PROGRAM SERVICES TRAVEL AND RESEARCH 1340 0 30 0 1 0 31 13080940 1340 13082280 FINANCIAL AID FOR STUDY ABROAD PROGRAMS CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 1 18615 CHECK 0 FINANCIAL AID FOR STUDY ABROAD PROGRAMS EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 12 151905 CHECK 0 FINANCIAL AID FOR STUDY ABROAD PROGRAMS MIDDLE EAST AND NORTH AFRICA 1 6990 CHECK 0 1 0 1 1 0 0 PART I, LINE 2: MONITORING USE OF GRANT FUNDS - ALL STUDENTS ELECTING TO PARTICIPATE IN A STUDY ABROAD PROGRAM ARE AWARDED FINANCIAL AID GRANTS AND OTHER AID BASED ON THE COST OF ATTENDANCE AND FEDERAL NEED CALCULATIONS. ALL GRANTS FUNDS TO SUPPORT THESE STUDENTS ARE REMITTED DIRECTLY TO THE HOST INSTITUTION TO BE APPLIED TO THE STUDENTS' PROGRAM CHARGES. 1 ENDOWED SCHOLARSHIPS 404 1013129 0 INSTITUTIONAL RESTR.SCHOLARSHIPS 250 456267 0 GRANT IN AID&OTHER INST.AID 2792 49969492 0 ENDOWED SCHOLARSHIPS 109 302769 0 INSTITUTIONAL RESTR.SCHOLARSHIPS 11 60658 0 PART I, LINE 2: MONITORING USE OF GRANT FUNDS - THE UNIVERSITY AWARDS FINANCIAL AID GRANTS ONLY TO ENROLLED STUDENTS. GRANTS ARE CREDITED TO THE RECIPIENTS' ACCOUNTS FOR TUITION, FEES, ROOM AND BOARD. X X X 0 1 X X X 1 1 0 0 0 0 0 0 0 ELIZABETH PAUL PRESIDENT 394605 0 0 0 8022 0 24300 0 32122 0 459049 0 0 0 JODY FOURNIER PROVOST&VP OF LEARNING(BEGAN 6/17) 172102 0 0 0 1337 0 16146 0 25932 0 215517 0 0 0 MIKE HORAN VP-BUS.&FIN.&TREAS.(1/17-6/17) 120335 0 0 0 102198 0 18079 0 18907 0 259519 0 0 0 JP SPAGNOLO VP STRATEGIC ENROLLMENT 154371 0 0 0 1073 0 14445 0 26836 0 196725 0 0 0 TERRY LAHM INTER.PROVOST&VP ACAD.AFF.(1/17-5/17 147125 0 0 0 1476 0 13575 0 13202 0 175378 0 0 0 TANYA POTEET UNIV. COUNSEL,ASST.SECRETARY 199179 0 0 0 1705 0 17766 0 340 0 218990 0 0 0 JENNIFER PATTERSON VP ADVANCEMENT 203564 0 0 0 1439 0 18716 0 20918 0 244637 0 0 0 TINA GUEGOLD VP INTEG.MKTG.&COMM.(BEGAN 5/17) 138188 0 0 0 628 0 12845 0 15971 0 167632 0 0 0 RACHEL JANUTIS DEAN OF LAW SCHOOL 201620 0 0 0 657 0 18642 0 18609 0 239528 0 0 0 JACK GUTTENBERG FACULTY 189845 0 0 0 5319 0 17917 0 24503 0 237584 0 0 0 DAN TURACK FACULTY 193962 0 0 0 2620 0 18039 0 23003 0 237624 0 0 0 MARK BROWN FACULTY 195039 0 0 0 1780 0 17753 0 19342 0 233914 0 0 0 MARK STRASSER FACULTY 173634 0 0 0 2495 0 16398 0 29966 0 222493 0 0 0 JEFFREY FERRIELL FACULTY 185268 0 0 0 2471 0 16260 0 15789 0 219788 0 0 0 DENVY BOWMAN FORMER PRESIDENT 236431 0 0 0 3326 0 21478 0 11702 0 272937 0 0 0 RICHARD ASHBROOK FORMER PROVOST&VP ACAD.AFFAIRS 157490 0 0 0 2138 0 14387 0 12092 0 186107 0 0 0 KEVIN SAYERS FORMER VP PLANNING&ADV. 101508 0 0 0 204 0 9900 0 30012 0 141624 0 0 0 PART I, LINE 1A BENEFITS OFFERED TO CERTAIN EMPLOYEES - TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: THE PRESIDENT OF THE UNIVERSITY, ELIZABETH PAUL, RECEIVES AN AUTOMOBILE AND PHONE ALLOWANCE. THESE ALLOWANCES ARE TREATED AS TAXABLE COMPENSATION AND ARE GROSSED-UP PAYMENTS. HOUSING ALLOWANCE: THE PRESIDENT, ELIZABETH PAUL, RECEIVES OCCUPANCE OF A UNIVERSITY RESIDENCE FOR PERSONAL AND BUSINESS USE. AS USE OF THE HOUSE FOR UNIVERSITY-RELATED EVENTS IS AN EXPECTATION, THE COST OF THE RESIDENCE IS NOT TREATED AS TAXABLE COMPENSATION. HEALTH OR SOCIAL CLUB DUES: THE UNIVERSITY PROVIDES A SOCIAL CLUB MEMBERSHIP TO THE PRESIDENT AND THE VICE PRESIDENT FOR ADVANCEMENT. THIS PROVIDES A FACILITY FOR HOSTING UNIVERSITY-RELATED EVENTS AND, AS SUCH, IS NOT TREATED AS TAXABLE COMPENSATION SINCE IT IS USED STRICTLY FOR BUSINESS PURPOSES. PART I, LINE 1B WRITTEN POLICY FOR EXPENSES - CAPITAL UNIVERSITY DOES NOT HAVE A POLICY THAT CLEARLY STATES WHO IS ELIGIBLE FOR EXTRA ALLOWANCES - PHONE, HOUSING, AUTOMOBILE, ETC. THE PRESIDENT'S CONTRACT DOES INCLUDE SPECIFIC LANGUAGE THAT SPEAKS TO THE ADDITIONAL ALLOWANCES OFFERED TO HER(I.E., AUTOMOBILE, HOUSING, CLUB). PART I, LINES 4A-B SEVERANCE PAYMENT: MIKE HORAN RECEIVED A SEVERANCE PAYMENT OF $100,000. SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: PRESIDENT PAUL PARTICIPATED IN A SECTION 457(F) NONQUALIFIED DEFERRED COMPENSATION PLAN DURING THE YEAR. A OHIO HIGHER EDUCATIONAL FACILITIES COMMISSION 346849674 2013-04-26 3970000 REPAYMENT OF LOAN ON CAP.UNIV.APTS. 0 0 0 B OHIO HIGHER EDUCATIONAL FACILITIES COMMISSION 346849674 2015-05-27 30780000 CONSTRUCTION&PAY-OFF 2006 BONDS 0 0 0 A 3970000 3908817 61183 1 0 1 1 B 3367446 30780000 95600 30684400 2016 1 0 1 1 A 0 0 0 0 0 0 1 B 0 1 0 0 0 0 1 A 0 0 0 0 1 0 0 0 1 B 0 1 0 0 1 1 PNC BANK 7.000000000000 0 0 0 0 1 A 1 B 1 SEE PART V 19600 TUITION GRANTS EDUC.ASSISTANCE SEE PART V 40149 TUITION GRANTS EDUC.ASSISTANCE SEE PART V 41246 TUITION GRANTS EDUC.ASSISTANCE SEE PART V 64956 TUITION GRANTS EDUC.ASSISTANCE PART III - GRANTS BENEFITING INTERESTED PERSONS: EDUCATIONAL ORGANIZATIONS ARE NOT REQUIRED TO IDENTIFY INTERESTED PERSONS TO WHOM THEY PROVIDED SCHOLARSHIPS, FELLOWSHIPS, AND SIMILAR FINANCIAL ASSISTANCE PURSUANT TO THE INSTRUCTIONS FOR FORM 990, SCHEDULE L. AS SUCH, COLUMNS (A) AND (B) HAVE BEEN LEFT BLANK IN PART III. X 18 161717 FMV X TICKETS, CERTIF.,MISC. 4 30381 COST X EQUIP.,MUSIC INST. 6 11025 MARKET VALUE X TRAVEL EXPENSES 9 10988 COST 0 1 1 PART I, LINE 32B: USE OF THIRD PARTIES - THE UNIVERSITY USES SECURITIES BROKERS TO SELL DONATED SECURITIES. THE FEES PAID TO THE BROKERS ARE AT OR BELOW FAIR MARKET VALUE. FORM 990, PART III, LINE 2 IN NOVEMBER, 2017, THE BOARDS OF CAPITAL UNIVERSITY AND TRINITY LUTHERAN SEMINARY APPROVED AN AGREEMENT TO UNIFY THE INSTITUTIONS AS ORIGINALLY FORMED PRIOR TO THEIR SEPARATION IN 1959, AND ESTABLISH TRINITY LUTHERAN SEMINARY AT CAPITAL UNIVERSITY. THE REUNION BECAME EFFECTIVE JANUARY 1, 2018 THROUGH AN ASSET TRANSFER AGREEMENT. FORM 990, PART VI, SECTION A, LINE 1 DELEGATION OF BROAD AUTHORITY TO A COMMITTEE - PER THE UNIVERSITY'S BYLAWS, ARTICLE XVI, SECTION 2 (IN PART), THE EXECUTIVE COMMITTEE SHALL HAVE THE AUTHORITY TO ACT FOR THE BOARD OF TRUSTEES ON ALL MATTERS EXCEPT FOR THE FOLLOWING, WHICH SHALL BE RESERVED FOR THE BOARD: PRESIDENTIAL SELECTION AND TERMINATION; TRUSTEE AND BOARD-OFFICER ELECTION; CHANGES IN INSTITUTIONAL MISSION AND PURPOSES; CHANGES TO THE CHARTER OR ARTICLES OF INCORPORATION; INCURRING OF CORPORATE INDEBTEDNESS; SALE OF UNIVERSITY ASSETS OR TANGIBLE PROPERTY; ADOPTION OF THE ANNUAL BUDGET; AND CONFERRAL OF DEGREES. THE EXECUTIVE COMMITTEE SHALL REPORT ANY ACTION IT TAKES TO THE BOARD. THESE BYLAWS OR OTHER BOARD POLICIES MAY RESERVE OTHER POWERS FOR THE BOARD OF TRUSTEES. IN ADDITION TO ITS AUTHORITY TO TAKE ACTION ON EMERGENCY MATTERS THAT CANNOT OR SHOULD NOT BE DEFERRED TO THE BOARD'S NEXT SCHEDULED MEETING, THE EXECUTIVE COMMITTEE SHALL OVERSEE THE WORK OF BOARD COMMITTEES AND THE UNIVERSITY'S PLANNING PROCESS AND PROGRESS ON PLANNING GOALS. FORM 990, PART VI, SECTION A, LINE 2 REPORTABLE RELATIONSHIPS - HARRY RADUEGE AND E.J. THOMAS HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 4 CHANGES TO ORGANIZING DOCUMENTS - THE UNIVERSITY'S BYLAWS WERE AMENDED ON NOVEMBER 2, 2017 WITH THE CHANGES TAKING EFFECT ON JANAURY 1, 2018. THE CHANGES INCORPORATED TRINITY LUTHERAN SEMINARY INTO THE BYLAWS, AS THE SEMINARY WAS ACQUIRED BY CAPITAL UNIVERSITY ON JANUARY 1, 2018. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990 - FORM 990 IS REVIEWED BY MANAGEMENT AND PRESENTED TO THE MEMBERS OF THE INTEGRITY AND COMPLIANCE COMMITTEE BY THE OUTSIDE PUBLIC ACCOUNTING FIRM ON APRIL 30, 2019. AFTER REVIEW BY THE COMMITTEE, EACH BOARD MEMBER IS PROVIDED A FULL COPY OF THE RETURN PRIOR TO ITS ELECTRONIC FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICT POLICY - THE CONFLICT OF INTEREST POLICY COVERS TRUSTEES AND OFFICERS (ALL UNIVERSITY OFFICERS, KEY EMPLOYEES, AND BUDGET MANAGERS). THE POLICY REQUIRES TRUSTEES AND OFFICERS TO ACT IN THE BEST INTERESTS OF THE UNIVERSITY, SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY, AND FULLY DISCLOSE ANY CONFLICT. POTENTIAL CONFLICTS ARE REVIEWED AT THE LEVEL OF THE GOVERNANCE COMMITTEE OF THE BOARD OF TRUSTEES, WHICH MAY CONSULT WITH OTHER COMMITTEES OF THE BOARD IF NECESSARY. IF A CONFLICT EXISTS, THE PERSON WITH THE CONFLICT MUST ABSTAIN FROM INFLUENCING, DELIBERATING OR VOTING ON THE MATTER, AND THE ACTION OR TRANSACTION MUST BE DOCUMENTED AS BEING CLEARLY IN THE BEST INTEREST OF THE UNIVERSITY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW OF TOP MANAGEMENT OFFICIAL - THE PRESIDENTIAL ASSESSMENT TASK FORCE OF THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS THE PRESIDENT'S GOALS, ACCOMPLISHMENTS, AND EVALUATION OF PERFORMANCE. THE BOARD ALSO REFERENCES COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA-HR) DATA, EVANGELICAL LUTHERAN CHURCH OF AMERICA (ELCA) PRESIDENTIAL SURVEY AND OTHER SALARY SURVEYS FOR GUIDANCE ON SALARIES FOR LIKE INSTITUTIONS. THIS PROCESS IS FORMALLY DOCUMENTED AND WAS LAST UNDERTAKEN DURING THE CURRENT FISCAL YEAR-END. COMPENSATION REVIEW OF OTHER EMPLOYEES - WHEN A VICE PRESIDENT IS HIRED, THE HUMAN RESOURCES DEPARTMENT PROVIDES THE PRESIDENT BENCHMARK SALARY DATA TO DETERMINE THE APPROPRIATE SALARY. THE PRESIDENT ANNUALLY COMPLETES FORMAL EVALUATIONS FOR ALL VICE PRESIDENTS WHICH REVIEW GOALS AND ACCOMPLISHMENTS. THE PROCESS IS FORMALLY DOCUMENTED AND WAS LAST UNDERTAKEN DURING THE CURRENT FISCAL YEAR-END. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS - A COPY OF THE AUDITED FINANCIAL STATEMENTS IS POSTED ON THE UNIVERSITY'S WEBSITE AS SOON AS APPROVED BY THE BOARD OF TRUSTEES. THE CONFLICT OF INTEREST POLICY IS POSTED ON THE HR HOMEPAGE. THE BYLAWS ARE POSTED ON THE HR HOMEPAGE AND THE UNIVERSITY'S WEBPAGE. NO OTHER DOCUMENTS ARE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: POSTRETIREMENT BENEFIT OBLIGATION ADJUSTMENT 98,040. ACTUARIAL CHANGE IN ANNUITY LIABILITY AND MATURITIES -114,067. NET LOSS ON UNCOLLECTIBLE PLEDGES -11,000. FUNDRAISING EVENTS EXPENSES 1,132. TRANSFER-IN OF NET ASSETS OF TRINITY LUTHERAN SEMINARY 55,068,724. CHARITABLE REMAINDER TRUSTS (5) INVESTMENTS OH N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0