2019-04-15T09:52:48-05:00 2018-05-31 990 2017-06-01 750800689 SOUTHERN METHODIST UNIVERSITY SOUT 2147684836 PO BOX 750261 DALLAS TX 752750261 CHRISTINE REGIS VP BUSINESS AND FINA 2147684836 2019-04-15 129.119.240.199 2019-04-15 09:52:48 CD P BAF6A584C51AA146E2BE86A4F05A8EF0E53A9F06 BAF6A584C51AA146E2BE86A4F05A8EF0E53A9F06 2017 2019-02-21 02:37:17Z R GERALD TURNER 1351361747 false X WWW.SMU.EDU X 1911 TX THE PRIMARY MISSION OF THE UNIVERSITY IS EDUCATION THROUGH RESEARCH AND TEACHING BY CREATING AND IMPARTING KNOWLEDGE THAT WILL SHAPE CITIZENS WHO CONTRIBUTE TO THEIR COMMUNITIES AND LEAD PROFESSIONS IN A GLOBAL SOCIETY. 42 39 6293 3662 -4991110 -5022934 75754391 96821224 600638981 628861779 68496524 117913837 5466567 6963478 750356463 850560318 178803303 187876863 0 302043177 316484369 498037 646675 16404620 221536928 239727308 702881445 744735215 47475018 105825103 2884407766 3281984214 854582336 1154877970 2029825430 2127106244 X THE PRIMARY MISSION OF THE UNIVERSITY IS EDUCATION THROUGH RESEARCH AND TEACHING BY CREATING AND IMPARTING KNOWLEDGE THAT WILL SHAPE CITIZENS WHO CONTRIBUTE TO THEIR COMMUNITIES AND LEAD PROFESSIONS IN A GLOBAL SOCIETY. false false 496950880 167330005 514433106 INSTRUCTIONAL: INSTRUCTIONAL PROGRAMS INCLUDE ACADEMIC INSTRUCTION AND SERVICES FOR UNDERGRADUATE AND GRADUATE STUDENTS INCLUDING FINANCIAL AID IN THE FORM OF SCHOLARSHIPS AND FELLOWSHIPS. STUDENT ENROLLMENT FOR FALL SEMESTER 2017 WAS 11,789 AND SPRING SEMESTER 2018 WAS 11,314. 117465501 20380613 74012938 AUXILIARY ACTIVITIES: THIS CATEGORY INCLUDES ATHLETIC EXPENDITURES AND SERVICES THAT SUPPORT EDUCATIONAL ACTIVITIES. SERVICES INCLUDE BOOKSTORE, STUDENT HOUSING, VENDING AND FOOD ADMINISTRATION AND INDEPENDENT OPERATIONS. 47946378 29030543 SPONSORED RESEARCH: SPONSORED RESEARCH INCLUDES EXPENDITURES FOR ALL ACTIVITIES THAT ARE PART OF THE UNIVERSITY'S RESEARCH PROGRAM, INCLUDING ACTIVITIES SPECIFICALLY ORGANIZED TO PRODUCE RESEARCH OUTCOMES, WHETHER COMMISSIONED BY AN AGENCY EXTERNAL TO THE INSTITUTION OR SEPARATELY BUDGETED BY AN ORGANIZATIONAL UNIT WITHIN THE INSTITUTION. 18052134 11385193 ORGANIZED ACTIVITIES: ORGANIZED ACTIVITIES MAKE AVAILABLE TO THE PUBLIC VARIOUS RESOURCES THAT EXIST WITHIN THE UNIVERSITY SUCH AS SEMINARS, CONFERENCES AND CAMPS. 18052134 11385193 680414893 true true false true false true false true false true true true false false true true false true true true true false false true true false false true true true true false true false false false false true false false false true true false false false true true true false false true X 15260 0 6293 true true true true UK false false false true true false false false false X 42 39 true false false false false false true true true false false true true true true true false true true false AK AR CA CT DC GA IL KS KY ME MD MI MN MS MO NH NJ NM NY NC ND OH OR PA RI SC TN UT VA WA WV WI X TAX DEPARTMENT 2147684836 6116 N CENTRAL EXPRESSWAY STE 203 DALLAS TX 752750261 R GERALD TURNER PRESIDENT/TR 37.50 X X 1265347 0 191343 PAUL KRUEGER PROFESSOR TR 37.50 X 179832 0 47649 ANDREW UDOFA TRUSTEE-STUD 37.50 X 27651 0 0 GERALD B ALLEY TRUSTEE X 0 0 0 RUTH S ALTSHULER TRUSTEE X 0 0 0 WILLIAM ARMSTRONG TRUSTEE X 0 0 0 MICHAEL M BOONE TRUSTEE X 0 0 0 TUCKER S BRIDWELL TRUSTEE X 0 0 0 LAURA WELCH BUSH TRUSTEE X 0 0 0 RICHIE L BUTLER TRUSTEE X 0 0 0 KELLY H COMPTON TRUSTEE X 0 0 0 JEANNE TOWER COX TRUSTEE X 0 0 0 KATHERINE CROW TRUSTEE X 0 0 0 GARY T CRUM TRUSTEE X 0 0 0 ROBERT H DEDMAN JR TRUSTEE X 0 0 0 ANTOINE LV DIJKSTRA TRUSTEE X 0 0 0 GERALD J FORD TRUSTEE X 0 0 0 ANTONIO O GARZA JR TRUSTEE X 0 0 0 JUAN ANTONIO GONZALEZ MORENO TRUSTEE X 0 0 0 CYNTHIA FIERRO HARVEY TRUSTEE X 0 0 0 FREDERICK B HEGI JR TRUSTEE X 0 0 0 CLARK K HUNT TRUSTEE X 0 0 0 RAY L HUNT TRUSTEE X 0 0 0 DAVID S HUNTLEY TRUSTEE X 0 0 0 SCOTT J JONES TRUSTEE X 0 0 0 DOUGLAS SMELLAGE TRUSTEE X 0 0 0 PAUL B LOYD JR TRUSTEE X 0 0 0 BOBBY B LYLE TRUSTEE X 0 0 0 MICHAEL MCKEE TRUSTEE X 0 0 0 SCOTT MCLEAN TRUSTEE X 0 0 0 DAVID B MILLER TRUSTEE X 0 0 0 FRANCES A MOODY-DAHLBERG TRUSTEE X 0 0 0 CONNIE O'NEILL TRUSTEE X 0 0 0 SHERON PATTERSON TRUSTEE X 0 0 0 SARAH PEROT TRUSTEE X 0 0 0 JEANNE L PHILLIPS TRUSTEE X 0 0 0 CAREN H PROTHRO TRUSTEE X 0 0 0 PAUL L RASMUSSEN TRUSTEE X 0 0 0 CARL SEWELL TRUSTEE X 0 0 0 RICHARD K TEMPLETON TRUSTEE X 0 0 0 RICHARD WARE TRUSTEE X 0 0 0 ROYCE E WILSON SR TRUSTEE X 0 0 0 BRAD E CHEVES VP DEVELOPME 37.50 X 560314 0 49589 RAKESH DAHIYA TREASURER 37.50 X 539264 0 50387 STEVEN CURRALL PROVOST, VP 37.50 X 505873 0 43595 CHRISTINE REGIS VP BUSINESS 37.50 X 493364 0 50249 PAUL WARD VP LEGAL AFF 37.50 X 391277 0 45935 HAROLD STANLEY VP / INTERIM 37.50 X 330699 0 45869 JOANNE VOGEL INTERIM VP S 37.50 X 222781 0 41709 KENECHUKWU MMEJE VP STUDENT A 37.50 X 193615 0 19850 MARY ANNE ROGERS ASSOC UNIV S 37.50 X 105065 0 24632 PAMELA ANTHONY VP STUDENT A X 12085 0 6130 ALBERT NIEMI JR DEAN 37.50 X 670097 0 49321 THOMAS DIPIERO DEAN 37.50 X 345802 0 37833 MATTHEW MYERS DEAN 37.50 X 182226 0 33261 CHAD MORRIS FOOTBALL COA 37.50 X 2078943 0 57060 TIMOTHY JANKOVICH BASKETBALL C 37.50 X 1948026 0 54532 WILLIAM DILLON SR ASSOC DEA 37.50 X 590281 0 54171 JAMES LINCK FINANCE DEPT 37.50 X 580994 0 50476 RICHARD HART ATHLETICS DI 37.50 X 535637 0 54451 PAUL W LUDDEN FORMER PROVO 37.50 X 368093 0 48838 THOMAS E BARRY FORMER VP EX 37.50 X 126524 0 20237 PETER MOORE FORMER INTER 37.50 X 243312 0 48165 12497102 1125282 736 true true false SIEMENS BUILDING TECHNOLOGIES INC 8600 NORTH ROYAL LANE STE 100 IRVING TX 75063 CONSTRUCTION 38891474 ARAMARK CORPORATION 24818 NETWORK PLACE CHICAGO IL 60673 DINING 31984207 HC BECK 1807 ROSS AVENUE STE 500 DALLAS TX 75201 CONSTRUCTION 28040752 KELLY SERVICES PO BOX 530437 ATLANTA GA 303530437 TEMP STAFFING 5021441 2U INC 8201 CORPORATE DRIVE SUITE 900 LANDOVER MD 20785 ONLINE PROG PAR 3504611 143 2666116 229677 93925431 15460593 96821224 TUITION AND FEES 611710 495386350 495386350 AUXILIARY ACTIVITIES 611710 71476586 56490588 14985998 SPONSORED RESEARCH 611710 28296902 28296902 ALL OTHER PROGRAM REVENUE 611710 12350426 12350426 OTHER STUDENT FEES 611710 11957418 11957418 9394097 9394097 628861779 22641658 -4570526 27212184 4253468 4253468 5143847 5143847 40150 19902 20248 20248 20248 589012610 497993899 91018711 91018711 -420584 91447224 2031541 2666116 2787628 -756087 MISCELLANEOUS REVENUE 900099 2555470 2555470 2555470 850560318 616431251 -4991110 143062969 162245 162245 187710618 187710618 4000 4000 7047851 1241384 5176180 630287 710944 710944 245529372 222269943 14845249 8414180 17969698 16023878 1278961 666859 30061879 26806676 2139601 1115602 15164625 13522548 1079315 562762 2342231 636164 1706062 5 393612 22052 371560 125956 125956 646675 646675 11857947 11857947 31244224 29592739 619090 1032395 4283664 3693971 526987 62706 15585627 14426951 476533 682143 13956873 13395259 485943 75671 10320 10320 41771407 37157570 4340395 273442 13868112 13412112 241184 214816 1639167 1457480 100928 80759 21390754 21390754 41131006 34543283 6241828 345895 3069830 3060397 8336 1097 ALL OTHER EXPENSES 23519920 26565359 -4269076 1223637 BOOKS AND PERIODICALS 7734713 7593112 85188 56413 PUBLIC RELATIONS 3143271 2494243 361713 287315 PROPERTY COSTS 2658674 2510891 115822 31961 744735215 680414893 47915702 16404620 116066934 71030297 135927461 120361033 136194056 125787889 105951301 141280975 5731464 5425313 291572 326790 24619048 11177704 1536536687 493417806 992910322 1043118881 456931683 718289926 907896645 1037527285 1887280 7658121 2884407766 3281984214 150255449 247077044 35707346 45446030 559212982 648218534 3105000 3543622 106301559 210592740 854582336 1154877970 X 698720430 651150244 619890000 711215000 1475956000 2029825430 2127106244 2884407766 3281984214 X 105825103 -8544289 X false true X true X 111212720 118282772 111010601 78130337 96821224 515457654 111212720 118282772 111010601 78130337 96821224 515457654 515457654 41799854 29361761 28302409 30873411 32062893 162400328 7864219 412825 8277044 686135026 633448790 0.75120 0.74120 X 125956 125956 736041714 736167670 1000000 250000 1000000 1000000 1000000 1000000 4000000 6000000 99761 91703 96934 125956 414354 250000 250000 250000 250000 1000000 1500000 2 1535538 34442480 true true 76172 63050418 X X X X X EDUCATIONAL PROGRAMMING false 1505303167 34910442 163004119 15590804 46020912 22373528 1619232484 1383980715 27950856 176705502 15742626 45917433 21673847 1505303167 1505296161 44077815 -82621385 15102284 44572939 23096653 1383980715 1425146075 40917231 122860599 14574120 47271838 21781786 1505296161 1268078648 37395171 195910548 14091245 42461880 19685167 1425146075 0.06450 0.93550 true false 114695486 114695486 1146790188 372963249 773826939 163956112 75060433 88895679 111094901 45394124 65700777 1043118881 EQUITY FUNDS WITHOUT DAILY LIQUIDITY 396506125 C DIVERSIFYING STRATEGIES FUNDS 283822227 C PRIVATE EQUITY FUNDS 182586826 C REVERSE REPURCHASE AGREEMENTS 100778738 C VENTURE CAPITAL 25604857 C FUNDS HELD IN TRUST BY OTHERS 20859266 F EQUITY METHOD INVESTMENTS 9768429 F FIXED INCOME FUNDS WITHOUT DAILY LIQ 9118890 C PARTNERSHIP INVESTMENTS - REAL EST 6831873 C PARTNERSHIP INVESTMENTS - TIMBER 1649857 C MINERAL RIGHTS 189 C OTHER INVESTMENTS 8 C 1037527285 TAXABLE BONDS PAYABLE 197522466 US GOVERNMENT STUDENT LOAN ADVANCES 8892000 DEPOSITS 4178274 210592740 X SCHEDULE D, PAGE 2, PART V, LINE 4 IN ACCORDANCE WITH DONOR RESTRICTIONS, ENDOWMENT FUNDS ARE USED TO SUPPORT SCHOLARSHIPS, FELLOWSHIPS AND OTHER STUDENT AID; FACULTY AND ACADEMIC PROGRAM SUPPORT; TECHNOLOGY AND LIBRARY RESOURCES AS WELL AS FACILITY MAINTENANCE. SCHEDULE D, PAGE 3, PART X THE CONSOLIDATED FINANCIAL STATEMENTS FOR SOUTHERN METHODIST UNIVERSITY AND SUPPORTING ORGANIZATIONS INCLUDED THE FOLLOWING FOOTNOTE: THE UNIVERSITY COMPLIES WITH THE REQUIREMENTS OF ASC 740, INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT REQUIREMENTS FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IN ADDITION, ASC 740 PROVIDES GUIDANCE ON RECOGNITION, CLASSIFICATION, AND ACCOUNTING IN INTERIM PERIODS AND DISCLOSURE REQUIREMENTS FOR UNCERTAIN TAX PROVISIONS. THE UNIVERSITY AND ITS CONTROLLED CORPORATIONS DO NOT HAVE ANY UNCERTAIN TAX POSITIONS AND THEREFORE HAVE RECORDED NO LIABILITY OR BENEFIT FOR SUCH POSITIONS FOR THE YEARS ENDED MAY 31, 2018 AND 2017. SCHEDULE D, PAGE 4, PART XIII PART III, LINE 4 - COLLECTION AND RELATION TO EXEMPT PURPOSE THE MEADOWS MUSEUM AT SOUTHERN METHODIST UNIVERSITY HOUSES ONE OF THE LARGEST AND MOST COMPREHENSIVE COLLECTIONS OF SPANISH ART OUTSIDE OF SPAIN. WITH WORKS DATING FROM THE 10TH TO THE 21ST CENTURY, THE INTERNATIONALLY RENOWNED COLLECTION PRESENTS A BROAD SPECTRUM OF ART COVERING A THOUSAND YEARS OF SPANISH HERITAGE. THE MUSEUM IS A RESOURCE OF SOUTHERN METHODIST UNIVERSITY THAT SERVES A BROAD AND INTERNATIONAL AUDIENCE AS WELL AS THE UNIVERISITY COMMUNITY THROUGH MEANINGFUL EXHIBITIONS, PUBLICATIONS, WORKSHOPS, AND OTHER EDUCATIONAL PROGRAMS AND ECOURAGES PUBLIC PARTICIPATION THROUGH A BROAD-BASED MEMBERSHIP. PART V: THE ENDOWMENT MARKET VALUES REPORTED IN THIS SECTION DO NOT INCLUDE PLEDGES RECEIVABLE WHICH ARE INCLUDED FOR FINANCIAL STATEMENT PURPOSES IN COMPLIANCE WITH SFAS NO. 116. PLEDGES DO NOT GENERATE INCOME FOR SPENDING AND NORMALLY ARE NOT INCLUDED WHEN THE UNIVERSITY REPORTS ENDOWMENT FUND MARKET VALUE FOR PURPOSES OTHER THAN THE FINANCIAL STATEMENTS AND ARE NOT INCLUDED HERE. THE UNIVERSITY HAS ELECTED TO REPORT MARKETABLE SECURITIES, EQUITY METHOD INVESTMENTS, AND FUNDS HELD IN TRUST AT FAIR VALUE FOR FINANCIAL STATEMENT PURPOSES. THE UNIVERSITY HAS NOT ELECTED TO REPORT OTHER ASSETS AT FAIR VALUE FOR FINANCIAL STATEMENT PURPOSES, AND ACCORDINGLY, NEITHER THE UNREALIZED GAINS AND LOSSES IN PRIOR YEARS, NOR THE GAINS IN FISCAL YEAR 2018 ARE REPORTED FOR FINANCIAL STATEMENT PURPOSES, EXCEPT IF THOSE WITH LOSSES ARE DETERMINED TO BE PERMANENT IMPAIRMENTS. AS OF MAY 31, 2018, THE UNIVERSITY HAS APPROXIMATELY 290 MILLION OF UNREALIZED GAINS THAT ARE REFLECTED HERE BUT HAD NOT BEEN RECOGNIZED IN ITS FINANCIAL STATEMENTS. PART I, LINE 4: THE AMOUNT SHOWN REPRESENTSTHE FAIR VALUE AT THE END OF THE YEAR. THIS VALUE IS DIFFERENT FROM THE AMOUNT REPORTED ON THE 990 BECAUSE THE UNIVERSITY DOES NOT RECORD ALL POOL INVESTMENTS AT FAIR VALUE. FORM 990 PART X, LINES 27-29: SMU ADOPTED ASU 2016-14 IN THE YEAR ENDING MAY 31, 2018. UNRESTRICTED NET ASSETS INCLUDE ALL NET ASSET CLASSIFIED AS "NET ASSET WITHOUT DONOR RESTRICTIONS" IN ACCORDANCE WITH ASC 958. PERMANENTLY RESTRICTED NET ASSETS INCLUDE ALL NET ASSETS CLASSIFIED AS "NET ASSETS WITH DONOR RESTRICTIONS" IN ACCORDANCE WITH ASC 958. true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 THE SOUTHERN METHODIST UNIVERSITY NONDISCRIMINATION STATEMENT APPEARS ON THE UNIVERSITY'S WEBSITE AND IN ELECTRONIC AND PRINTED MATERIALS, SUCH AS THE STUDENT HANDBOOK, ADMISSION BROCHURES, ADVERTISEMENTS, ETC. SCHEDULE E, LINE 6 THE UNIVERSITY PARTICIPATES IN THE FEDERAL PERKINS LOAN PROGRAM, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT; FEDERAL WORK-STUDY PROGRAM, FEDERAL PELL GRANT, WILLIAM D. FORD FEDERAL DIRECT LOAN PROGRAM, TEXAS TUITION EQUALIZATION GRANT, TEXAS B-ON-TIME PROGRAM, AND TEXAS COLLEGE ACCESS LOAN PROGRAM AND RECEIVED FEDERAL AND STATE FUNDING FOR RESEARCH GRANTS AND CONTRACTS. true CENTRAL AMERICA AND THE CARIBBEAN PROGRAM SERVICES STUDY ABROAD 31909 CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 408080610 CENTRAL AMERICA AND THE CARIBBEAN 9 PROGRAM SERVICES RECRUITING 5920 CENTRAL AMERICA AND THE CARIBBEAN PROGRAM SERVICES RESEARCH 50986 CENTRAL AMERICA AND THE CARIBBEAN PROGRAM SERVICES CONFERENCE 5421 CENTRAL AMERICA AND THE CARIBBEAN PROGARAM SERVICES TEACHING 37577 EAST ASIA AND THE PACIFIC PROGRAM SERVICES TEACHING/RECRUITING 21050 EAST ASIA AND THE PACIFIC PROGRAM SERVICES RECRUITING 58530 EAST ASIA AND THE PACIFIC PROGRAM SERVICES CONFERENCE 56989 EAST ASIA AND THE PACIFIC PROGRAM SERVICES STUDY ABROAD 248517 EAST ASIA AND THE PACIFIC PROGRAM SERVICES RESEARCH 307366 EAST ASIA AND THE PACIFIC FUNDRAISING FUNDRAISING 19720 EUROPE FUNDRAISING ALUMNI REL/FUNDRAIS 28895 EUROPE PROGRAM SERVICES STUDENT COMPETITION 139 EUROPE PROGRAM SERVICES PUBLIC RELATIONS 18184 EUROPE 4 PROGRAM SERVICES STUDY ABROAD 2921054 EUROPE PROGRAM SERVICES RECRUITING 71499 EUROPE PROGRAM SERVICES EXHIBIT PREPARATION 100875 EUROPE PROGRAM SERVICES CONFERENCE 141671 EUROPE INVESTMENTS 46802841 EUROPE 4 PROGRAM SERVICES RESEARCH 468307 EUROPE PROGRAM SERVICES LECTURE/PRESENTATION 1860 EUROPE PROGRAM SERVICES TEACHING 195468 EUROPE PROGRAM SERVICES ART 121161 EUROPE PROGRAM SERVICES CONSULTING 38764 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES CONFERENCE 2880 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES RECRUITING 6202 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES STUDY ABROAD 162633 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES RESEARCH 22676 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES TEACHING 643 NORTH AMERICA PROGRAM SERVICES CONFERENCE 69575 NORTH AMERICA FUNDRAISING ALUMNI REL/FUNDRAIS 7491 NORTH AMERICA PROGRAM SERVICES STUDY ABROAD 256002 NORTH AMERICA PROGRAM SERVICES RESEARCH 7657 NORTH AMERICA PROGRAM SERVICES LECTURE/PRESENTATION 3932 NORTH AMERICA INVESTMENTS 43188627 NORTH AMERICA PROGRAM SERVICES RECRUITING 66683 NORTH AMERICA PROGRAM SERVICES EXHIBIT PREPARATION 2421 NORTH AMERICA PROGRAM SERVICES COMPETITION 18452 NORTH AMERICA PROGRAM SERVICES CONSULTING 5401 NORTH AMERICA PROGRAM SERVICES PROGRAM DEVELOPMENT 22707 RUSSIA AND THE NEIGHBORING STATES PROGRAM SERVICES CONFERENCE 997 RUSSIA AND THE NEIGHBORING STATES PROGRAM SERVICES STUDY ABROAD 800 RUSSIA AND THE NEIGHBORING STATES PROGRAM SERVICES RESEARCH 35 RUSSIA AND THE NEIGHBORING STATES PROGRAM SERVICES RECRUITING 391 SOUTH AMERICA PROGRAM SERVICES CONFERENCE 41 SOUTH AMERICA PROGRAM SERVICES LECTURE/PRESENTATION 998 SOUTH AMERICA PROGRAM SERVICES STUDY ABROAD 201357 SOUTH AMERICA PROGRAM SERVICES RESEARCH 888 SOUTH AMERICA PROGRAM SERVICES RECRUITING 17928 SOUTH ASIA PROGRAM SERVICES CONFERENCE 1982 SOUTH ASIA PROGRAM SERVICES RECRUITING 28123 SOUTH ASIA PROGRAM SERVICES RESEARCH 38499 SUB-SAHARAN AFRICA PROGRAM SERVICES CONFERENCE 3287 SUB-SAHARAN AFRICA PROGRAM SERVICES RESEARCH 23946 SUB-SAHARAN AFRICA PROGRAM SERVICES STUDY ABROAD 62847 SUB-SAHARAN AFRICA PROGRAM SERVICES RECRUITING 39948 SUB-SAHARAN AFRICA PROGRAM SERVICES TEACHING 3704 9 4 4 9 8 411964366 92140700 504105066 true false true true true true SCHEDULE F, PAGE 1, PART I, LINE 3 CENTRAL AMERICA AND THE CARIBBEAN 31,909 0 CENTRAL AMERICA AND THE CARIBBEAN 0 408,080,610 CENTRAL AMERICA AND THE CARIBBEAN 5,920 0 CENTRAL AMERICA AND THE CARIBBEAN 50,986 0 CENTRAL AMERICA AND THE CARIBBEAN 5,421 0 CENTRAL AMERICA AND THE CARIBBEAN 37,577 0 EAST ASIA AND THE PACIFIC 21,050 0 EAST ASIA AND THE PACIFIC 58,530 0 EAST ASIA AND THE PACIFIC 56,989 0 EAST ASIA AND THE PACIFIC 248,517 0 EAST ASIA AND THE PACIFIC 307,366 0 EAST ASIA AND THE PACIFIC 19,720 0 EUROPE 28,895 0 EUROPE 139 0 EUROPE 18,184 0 EUROPE 2,921,054 0 EUROPE 71,499 0 EUROPE 100,875 0 EUROPE 141,671 0 EUROPE 0 46,802,841 EUROPE 468,307 0 EUROPE 1,860 0 EUROPE 195,468 0 EUROPE 121,161 0 EUROPE 38,764 0 MIDDLE EAST AND NORTH AFRICA 2,880 0 MIDDLE EAST AND NORTH AFRICA 6,202 0 MIDDLE EAST AND NORTH AFRICA 162,633 0 MIDDLE EAST AND NORTH AFRICA 22,676 0 MIDDLE EAST AND NORTH AFRICA 643 0 NORTH AMERICA 69,575 0 NORTH AMERICA 7,491 0 NORTH AMERICA 256,002 0 NORTH AMERICA 7,657 0 NORTH AMERICA 3,932 0 NORTH AMERICA 0 43,188,627 NORTH AMERICA 66,683 0 NORTH AMERICA 2,421 0 NORTH AMERICA 18,452 0 NORTH AMERICA 5,401 0 NORTH AMERICA 22,707 0 RUSSIA AND THE NEIGHBORING STATES 997 0 RUSSIA AND THE NEIGHBORING STATES 800 0 RUSSIA AND THE NEIGHBORING STATES 35 0 RUSSIA AND THE NEIGHBORING STATES 391 0 SOUTH AMERICA 41 0 SOUTH AMERICA 998 0 SOUTH AMERICA 201,357 0 SOUTH AMERICA 888 0 SOUTH AMERICA 17,928 0 SOUTH ASIA 1,982 0 SOUTH ASIA 28,123 0 SOUTH ASIA 38,499 0 SUB-SAHARAN AFRICA 3,287 0 SUB-SAHARAN AFRICA 23,946 0 SUB-SAHARAN AFRICA 62,847 0 SUB-SAHARAN AFRICA 39,948 0 SUB-SAHARAN AFRICA 3,704 0 SCHEDULE F, PAGE 5, PART V PART I, LINE 3: THE UNIVERSITY ACCOUNTS FOR ALL EXPENDITURES ON AN ACCRUAL BASIS AND MAKES ALL REIMBURSEMENTS UNDER AN ACCOUNTABLE PLAN. X X X X X X X true RUFFALO NOEL LEVITZ LLC 1025 KIRKWOOD PARKWAY SW CEDAR RAPIDS IA 52404 TELEMARKET false 406860 404435 2425 MARTS LUNDY INC 1200 WALL STREET WEST LYNDHURST NJ 07071 CONSULTING false 68097 -68097 406860 472532 -65672 AK AL AR CA CO CT FL GA HI ID IL KS KY LA MA MD ME MI MN MO MS NC ND NH NJ NM NV NY OH OK OR PA RI SC TN UT VA WA WI TATE LECTURE SE 1887843 724434 1163409 102628 109779 554608 469292 MEDAL OF FREEDO 745750 732250 13500 2888 3357 10 2064064 1209432 854632 176 33503 545536 492584 473277 4697657 2666116 2031541 176 136131 658203 1050549 942569 2787628 -756087 SCHEDULE G, PART IV DURING FISCAL YEAR 2018, RUFFALO NOEL LEVITZ LLC PROVIDED TELEMARKETING SERVICES. THE TOTAL 404,435 FUNDRAISING FEES REPORTED ON PART I FOR RUFFALO NOEL LEVITZ LLC INCLUDES 396,638 OF SERVICE FEE CHARGES AND 7,798 OD MAILING/POSTAGE CHARGES THAT WERE SEPERATELY IDENTIFIED AS SUCH IN THE INVOICES DURING FISCAL YEAR 2018, MARTS & LUNDY INC. PROVIDED ADVANCEMENT AND CONSULTING SERVICES FOR THE DEVELOPMENT PROGRAM OF THE UNIVERSITY. true THE DALLAS HOLOCAUST MUSEUMCENTER 211 N RECORD ST STE 100 DALLAS TX 75202 752113723 501C3 5500 EVENT SPONSORSHIP COMMUNITIES FOUNDATION OF TX 5500 CARUTH HAVEN LANE DALLAS TX 75225 750964565 501C3 10000 PROGRAM SUPPORT DALLAS STREET CHOIR 401 DALLAS FORT WORTH TP 222052 DALLAS TX 75222 474702050 501C3 6700 PROGRAM SUPPORT AMERICAN CANCER SOCIETY 8900 CARPENTER FWY DALLAS TX 75247 131788491 501C3 6000 PROGRAM SUPPORT 6 STUDENT TUITION GRANTS 7072289 180638329 BOOK TUITION, FEES, AND SCHOLARSHIPS ROOM AND BOARD ALLOWANCES SCHEDULE I, PAGE 1, PART I, LINE 2 THE UNIVERSITY PROVIDES FINANCIAL AID TO STUDENTS TO ENABLE THEM TO ATTEND THE UNIVERSITY. ALL FINANCIAL AID RECIPIENTS ARE SELECTED ON AN EQUAL OBJECTIVELY DETERMINABLE BASIS WITH OTHER RECIPIENTS. THAT IS, ALL STUDENTS RECEIVING SCHOLARSHIPS AND FELLOWSHIPS ARE JUDGED WORTHY BASED ON THE UNIVERSITY'S ASSESSMENT OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER SIMILAR STANDARDS. A LIST OF RECIPIENTS OF SCHOLARSHIPS AND FELLOWSHIPS IS MAINTAINED IN THE UNIVERSITY'S FINANCIAL AID OFFICE. X X X X X X true true X X X X X X false false false true false false false false false R GERALD TURNER PRESIDENT/TRUSTEE 798170 383896 83281 27000 164343 1456690 PAUL KRUEGER PROFESSOR TRUSTEE 133818 43964 2050 17635 30014 227481 BRAD E CHEVES VP DEVELOPMENT AND E 441393 91000 27921 27000 22589 609903 RAKESH DAHIYA TREASURER 402679 116000 20585 27000 23387 589651 STEVEN CURRALL PROVOST, VP ACAD AFF 476100 5000 24773 27000 16595 549468 CHRISTINE REGIS VP BUSINESS AND FINA 448845 30500 14019 27000 23249 543613 PAUL WARD VP LEGAL AFFAIRS AND 369593 4000 17684 27000 18935 437212 HAROLD STANLEY VP / INTERIM PROVOST 306409 6000 18290 27000 18869 376568 JOANNE VOGEL INTERIM VP STUD AFFA 217331 5111 339 22173 19536 264490 KENECHUKWU MMEJE VP STUDENT AFFAIRS 121356 50000 22259 8833 11017 213465 ALBERT NIEMI JR DEAN 435316 224556 10225 27000 22321 719418 THOMAS DIPIERO DEAN 329557 4287 11958 27000 10833 383635 MATTHEW MYERS DEAN 172770 9456 17917 15344 215487 CHAD MORRIS FOOTBALL COACH 410982 1665278 2683 27000 30060 2136003 TIMOTHY JANKOVICH BASKETBALL COACH 493868 1439167 14991 27000 27532 2002558 WILLIAM DILLON SR ASSOC DEAN BUSINE 326055 256054 8172 27000 27171 644452 JAMES LINCK FINANCE DEPT CHAIR 268544 311600 850 27000 23476 631470 RICHARD HART ATHLETICS DIRECTOR 464781 63750 7106 27000 27451 590088 PAUL W LUDDEN FORMER PROVOST 366243 1850 27000 21838 416931 THOMAS E BARRY FORMER VP EXEC AFFAI 120581 5943 12208 8029 146761 PETER MOORE FORMER INTERIM DEAN 239197 2498 1617 24200 23965 291477 SCHEDULE J, PAGE 1, PART I, LINE 1A CHARTER FLIGHT TRAVEL COSTS WERE INCURRED BY CHAD MORRIS, AND TIMOTHY JANKOVICH. THE UNIVERSITY'S TRAVEL POLICY PROVIDES THAT EXPENSES INCURRED BY SPOUSES ARE NOT REIMBURSABLE UNLESS THE SPOUSE IS TRAVELING FOR A BONA FIDE BUSINESS PURPOSE AND THE TRAVEL HAS BEEN APPROVED. ANY EXCEPTIONS TO THE POLICY REQUIRE APPROVAL BY THE APPROPRIATE UNIVERSITY OFFICER. ALL SPOUSAL TRAVEL IS PROCESSED UNDER THE PROVISIONS OF THE TAX DEPARTMENT'S SPOUSAL TRAVEL POLICY WHICH PROVIDES FOR EVALUATING THE TAXABLE COMPONENT, IF ANY, OF THE TRAVEL AND THE APPROPRIATE TAX TREATMENT AND REPORTING. ALL SPOUSAL TRAVEL REGARDING PRESIDENT TURNER ALSO REQUIRES THE REVIEW AND APPROVAL OF THE BOARD OF TRUSTEES AUDIT COMMITTEE CHAIR. APPROPRIATE APPROVALS IN ACCORDANCE WITH POLICY ARE REQUIRED PRIOR TO REIMBURSEMENT. SPOUSAL TRAVEL EXPENSES WERE PAID AND WERE REPORTED AS TAXABLE COMPENSATION FOR R GERALD TURNER, BRAD CHEVES, AND STEVEN CURRALL. THE PRESIDENT IS REQUIRED, UNDER HIS EMPLOYMENT CONTRACT, TO RESIDE IN THE UNIVERSITY PROVIDED RESIDENCE. THERE IS A POLICY REGARDING REVIEW/APPROVAL OF SOCIAL CLUB DUES. THE UNIVERSITY HAS ESTABLISHED A REPORTING PERIOD OF NOVEMBER 1 THROUGH OCTOBER 31 FOR REPORTING PERSONAL USE OF A CLUB AND CALCULATING THE PERSONAL PORTION OF DUES THAT SHOULD BE REPORTED AS TAXABLE INCOME. ANY PERSONAL CHARGES AT SOCIAL CLUBS ARE REIMBURSED TO THE UNIVERSITY WHEN THE BILLING IS RECEIVED, PRIOR TO PAYMENT. THE EMPLOYEES WHO HAD PERSONAL AMOUNTS REPORTED AS TAXABLE COMPENSATION RELATED TO SOCIAL CLUB DUES ARE R GERALD TURNER, BRAD CHEVES, MATTHEW MYERS AND TIMOTHY JANOKOVICH. THE UNIVERSITY PROVIDES SERVICES SUCH AS LANDSCAPING AND RESIDENTIAL REPAIRS AND MAINTENANCE FOR THE PRESIDENT'S RESIDENCE, CONSIDERING THEM NECESSARY AND APPROPRIATE FOR HIS USE OF THE FACILITY FOR BUSINESS FUNCTIONS AS THE RESIDENCE IS A UNIVERSITY OWNED ASSET. THE PERCENTAGE OF THE MAID'S COMPENSATION AND BENEFITS RELATED TO PERSONAL SERVICES WAS REPORTED AS TAXABLE COMPENSATION TO R GERALD TURNER. SCHEDULE J, PAGE 1, PART I, LINE 5A PART I, LINE 5A - COMPENSATION CONTINGENT UPON REVENUES OF ORGANIZATION THERE IS ONE PERSON LISTED IN FORM 990, PART VII, WHO RECEIVED AN INCENTIVE COMPENSATION BONUS. THE ELIGIBILITY FOR AND THE AMOUNT OF THE PAYMENT IS DETERMINED BY TWO COMPONENTS: A QUANTITATIVE MEASURE OF THE PERFORMANCE OF THE UNIVERSITY'S INVESTMENT POOL AGAINST AN APPROPRIATE BENCHMARK AND A QUALITATIVE MEASURE BASED ON FACTORS SUCH AS RISK MITIGATION, QUALITY OF DECISION MAKING AND CONTRIBUTIONS TO ADVANCEMENT OF THE ENDOWMENT. A 2007 SOUTHWEST HIGHER EDUCATION 521442059 845040GD0 2007-02-14 100890740 ADVANCE REFUND & DEFEASE A PORTION false false false B 2009 SOUTHWEST HIGHER EDUCATION 521442059 845040HG2 2009-10-01 162035907 FINANCE NEW MONEY PROJECTS AND CURRENTLY REFUND true false false C 2010 SOUTHWEST HIGHER EDUCATION 521442059 845040JB1 2010-10-28 124998461 FINANCE NEW MONEY PROJECTS. true false false D 2013 SOUTHWEST HIGHER EDUCATION 521442059 845040JZ8 2013-04-16 107014349 FINANCE NEW MONEY PROJECTS. false false false A 75970000 114937923 1762831 922858 384931 113630133 false true true true B 29500000 102600000 162036208 1236365 66161260 94638583 2014 true false true true C 9030000 99490000 125317215 1091820 18 124225377 2018 false false true true D 107795123 820533 104675059 2299531 false false false true A false false true true true true 0.01700 0.01700 false false true B false false true true true true 0.00700 0.00700 false false true C false false true true false 0.00200 0.00200 false false true D false false false false false false true A false true false true false false false false true B false false false true false false false false true C false false false true false false false false true D false true false true false false true DEUTSCHE BANK 2.800000000000 true false true A true B true C true D true SCHEDULE K - PURPOSE OF ISSUE DESCRIPTION 2007 SOUTHWEST HIGHER EDUCATION ADVANCE REFUND & DEFEASE A PORTION OF PRINCIPAL ON THE 1999A (1/20/99) AND 2002 (7/3/2002) BONDS. 2009 SOUTHWEST HIGHER EDUCATION FINANCE NEW MONEY PROJECTS AND CURRENTLY REFUND THE 1999D (1/20/1999) AND THE 2006 (3/1/2006) BONDS. 2010 SOUTHWEST HIGHER EDUCATION FINANCE NEW MONEY PROJECTS. 2013 SOUTHWEST HIGHER EDUCATION FINANCE NEW MONEY PROJECTS. 2016 SOUTHWEST HIGHER EDUCATION ADVANCE REFUND & DEFEASE A PORTION OF PRINCIPAL ON THE 2009 (10/1/09) BONDS. 2017 SOUTHWEST HIGHER EDUCATION UMB CURRENTLY REFUND A PORTION OF PRINCIPAL ON THE 2007 (2/14/07) BONDS. SCHEDULE K - DATE REBATE COMPUTATION PERFORMED 2007 SOUTHWEST HIGHER EDUCATION 03/16/17 2009 SOUTHWEST HIGHER EDUCATION 10/01/14 2010 SOUTHWEST HIGHER EDUCATION 12/21/15 2013 SOUTHWEST HIGHER EDUCATION 05/17/18 SCHEDULE K - ADDITIONAL INFORMATION 2007 SOUTHWEST HIGHER EDUCATION PART I, LINE A, COLUMN (F)- ADVANCE REFUND PORTION OF PRIN 1999A (1/20/99) AND THE 2002 (7/3/02) BONDS. PART I, LINE B, COLUMN (F)- FINANCE NEW MONEY PROJECTS AND CURRENTLY REFUND 1999D (1/20/99) AND THE 2006 (3/1/06) BONDS. PART II, LINE 3, COLUMN ATOTAL PROCEEDS INCLUDES INTEREST ON ADVANCE REFUNDING EXCROW BEFORE ALL BONDS WERE CALLED 10/01/2012. PART II, LINE 3, COLUMN B, C, D, E & G TOTAL PROCEEDS INCLUDE INVESTMENT PROCEEDS. PART II, LINE 11, COLUMN A, B, E, F & G INCLUDES THE REFUNDING AMOUNTS AS OTHER UNSPENT PROCEEDS. PART II, LINE 13, COLUMN A, F & G THESE BONDS WERE REFUNDING BONDS. THERE WERE NO NEW PROJECTS FOR WHICH A YEAR OF SUBSTANTIAL COMPLETION WOULD NEED TO BE REPORTED. PART IV, LINE 2C, COLUMN A, B, C, & DDATE REBATE COMPUTATION PERFORMED 2007 SOUTHWEST HIGHER EDUCATION 2/14/2012 AND 3/16/2017 2009 SOUTHWEST HIGHER EDUCATION 10/1/2014 2010 SOUTHWEST HIGHER EDUCATION 12/21/2015 2013 SOUTHWEST HIGHER EDUCATION 5/17/2018 PART IV, LINE 5, COLUMN A, B, C, E, F & G THE UNIVERSITY DID NOT INVEST IN A GIC, HOWEVER, ANSWERS ARE PROVIDED AS THEY ARE REQUIRED BY THE IRS FOR FILING PURPOSES. PART IV, LINE 6, COLUMN D & E- THE UNIVERSITY REASONABLY EXPECTS TO MEET THE SPENDING REQUIREMENTS WITHIN THE REQUIRED TIMEFRAME. 59864 TUITION WAIVER EDUCATION 31400 MERIT SCHOLARSHIP EDUCATION SCHEDULE L, PART V SCHEDULE L, PART III THE AMOUNT REPORTED ON PART III, LINE 1(C) REPORTS TUITION WAIVERS GRANTED ON THE SAME BASIS AS TO ANY OTHER BENEFIT-ELIGIBLE EMPLOYEE. THE AMOUNT REPORTED ON PART III, LINE 2(C) REPORTS THE MERIT SCHOLARSHIPS AWARDED ON AN OBJECTIVE AND NON-DISCRIMINATORY BASIS BASED ON PRE-ESTABLISHED CRITERIA AND REVIEWED BY A SELECTION COMMITTEE. X 6 66897 MARKET OR APPRAISAL X 9275 MARKET OR APPRAISAL X 392 12583587 MARKET OR APPRAISAL X 1 1 SEE PART II X 5 371375 MARKET OR APPRAISAL X EQUIPMENT 9 44112 MARKET OR APPRAISAL X EVENT TICKETS 677 91136 MARKET OR APPRAISAL X EVENT EXPENSE 15 56256 MARKET OR APPRAISAL X OTHER 62 2237954 SEE PART II false true true SCHEDULE M, PAGE 1, PART I, LINE 32B SOUTHERN METHODIST UNIVERSITY HIRES EXTERNAL BROKERS AND APPRAISERS AS DEEMED APPROPRIATE. SCHEDULE M, PAGE 2, PART II PART 1, LINE 17, COL (D), REAL ESTATE - OTHER: CONSISTENT WITH UNIVERSITY'S PRACTICE FOR VALUATION OF MINERAL INTERESTS FOR FINANCIAL STATEMENTS' PRESENTATION. PART 1, LINE 28, OTHER - DETAIL COL (B) COL (C) PART 1, LINE 28, OTHER: LIVESTOCK 12 2,173,100 PART 1, LINE 28, OTHER: AUCTION 28 85 PART 1, LINE 28, OTHER: ARCHIVAL RECORDS 8 14,150 PART 1, LINE 28, OTHER: TRAVEL EXPENSE 4 35,380 PART 1, LINE 28, OTHER: NON CASH ASSETS 8 10,830 PART 1, LINE 28, OTHER: MUSICAL INSTRUMENTS 2 4,409 ====== == ======== TOTAL PART 1 LINE 28 62 2,237,954 PART 1, LINE 28, COL (D), OTHER: MARKET OR APPRAISAL PART 1, COLUMN B: THE NUMBERS SHOWN IN COLUMN B REPRESENT THE NUMBER OF CONTRIBUTIONS. FORM 990 PART IV, LINE 12: THE UNIVERSITY DID NOT RECEIVE A SEPARATE AUDITED FINANCIAL STATEMENT. HOWEVER, THE UNIVERSITY'S CONSOLIDATED FINANCIAL STATEMENTS INCLUDING THE BALANCE SHEET AND RELATED STATEMENTS OF ACTIVITIES AND CASH FLOWS WERE AUDITED IN ACCORDANCE WITH GAAP AND WERE REPORTED ON A CONSOLIDATED BASIS. PART IV, LINE 24B: THE UNIVERSITY PLANS TO SPEND PROCEEDS WITHIN THE TEMPORARY PERIOD EXCEPTION, BUT IN CASES WHEN IT DOES NOT, IT PREPARES THE APPROPRIATE ARBITRAGE REPORTING AND REMITS ANY EXCESS EARNINGS OVER THE ARBITRAGE YIELD TO THE GOVERNMENT. PART IV, LINE 24C: THE UNIVERSITY RECEIVED IN A PRIOR YEAR A DONATION RESTRICTED FOR PROJECTS FUNDED BY BONDS WHICH IT PUT INTO ESCROW UNTIL THE EARLIEST REDEMPTION DATE. FORM 990, PAGE 2, PART III, LINE 4D ORGANIZED ACTIVITIES: ORGANIZED ACTIVITIES MAKE AVAILABLE TO THE PUBLIC VARIOUS RESOURCES THAT EXIST WITHIN THE UNIVERSITY SUCH AS SEMINARS, CONFERENCES AND CAMPS. FORM 990, PART V, LINE 4B UNITED KINGDOM, FRANCE FORM 990, PART VI SECTION B, LINE 14: SOUTHERN METHODIST UNIVERSITY DOES NOT HAVE A UNIVERSITY-WIDE RETENTION POLICY, BUT DEPARTMENTS WITHIN THE UNIVERSITY HAVE RETENTION AND DOCUMENT DESTRUCTION POLICIES THAT REFLECT LEGISLATIVE OR OTHER LEGAL REQUIREMENTS AND GOOD BUSINESS PRACTICES. FORM 990, PAGE 6, PART VI, LINE 2 R. GERALD TURNER RAY HUNT PRESIDENT TRUSTEE BUSINESS RELATIONSHIP JEANNE PHILLIPS RAY HUNT TRUSTEE TRUSTEE BUSINESS RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 7B PURSUANT TO THE RESTATED ARTICLES OF INCORPORATION OF SMU, CAMPUS PROPERTY MAY BE SOLD OR LEASED ONLY WITH THE CONSENT OF THE SOUTH CENTRAL JURISDICTIONAL CONFERENCE OF THE UNITED METHODIST CHURCH. FORM 990, PAGE 6, PART VI, LINE 11B THE COMPLETED FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES AT A REGULARLY SCHEDULED MEETING SUFFICIENTLY IN ADVANCE OF THE FILING DEADLINE TO ENABLE A DETAILED AND CONSCIENTIOUS REVIEW BY THE COMMITTEE. ALL QUESTIONS AND CONCERNS OF THE AUDIT COMMITTEE ARE ADDRESSED BY THE UNIVERSITY AND INCORPORATED INTO THE FORM 990 AS REQUIRED. THE CHAIR OF THE AUDIT COMMITTEE REPORTS ON THIS REVIEW TO THE FULL BOARD OF TRUSTEES AT THE NEXT REGULAR MEETING OF THE BOARD OF TRUSTEES. THE CHAIR OF THE AUDIT COMMITTEE INSTRUCTS THE MEMBERS OF THE BOARD ON HOW TO ACCESS THE FORM 990 ON A SECURE WEBSITE AND ENCOURAGES ANY TRUSTEE WITH QUESTIONS TO CONTACT THE VICE PRESIDENT FOR BUSINESS AND FINANCE. ALL BOARD MEMBERS ALSO RECEIVE AN EMAIL CONTAINING INSTRUCTIONS ON HOW TO ACCESS THE FORM 990 PRIOR TO THE IRS FILING DEADLINE. FORM 990, PAGE 6, PART VI, LINE 12C PURSUANT TO THE SMU CONFLICT OF INTEREST POLICY RELATING TO TRUSTEES, MEMBERS OF BOARD COMMITTEES, EXECUTIVE OFFICERS, AND DEANS, EACH COVERED PERSON COMPLETES A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY. THESE DISCLOSURES ARE REVIEWED BY A BOARD OF TRUSTEES CONFLICTS COMMITTEE. THE COMMITTEE REVIEWS THE MATERIAL FACTS AND DECIDES WHETHER SUCH FACTS GIVE RISE TO CONFLICTS OF INTEREST AND, IF SO, WHETHER SUCH CONFLICTS OF INTEREST SHOULD BE APPROVED OR DISAPPROVED. WITH RESPECT TO ANY OTHER SMU EMPLOYEES WITH AUTHORITY TO SIGN CONTRACTS OR WHO OTHERWISE PLAY A SUBSTANTIVE ROLE IN THE CONTRACT APPROVAL PROCESS FOR FINANCIAL AND OTHER COMMERCIAL COMMITMENTS OF THE UNIVERSITY, EACH SUCH PERSON MUST COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY. THESE DISCLOSURES ARE REVIEWED BY THE GENERAL COUNSEL. UPON REVIEW OF ALL MATERIAL FACTS, THE GENERAL COUNSEL MUST DECIDE WHETHER SUCH FACTS GIVE RISE TO CONFLICTS OF INTEREST AND, IF SO, WHETHER SUCH CONFLICTS OF INTEREST SHOULD BE APPROVED OR DISAPPROVED. THE GENERAL COUNSEL PROVIDES A WRITTEN REPORT OF ALL SUCH DETERMINATIONS TO THE BOARD CONFLICTS COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 15A PURSUANT TO THE COMPENSATION COMMITTEE CHARTER ADOPTED BY THE SMU BOARD OF TRUSTEES, THE COMPENSATION COMMITTEE OF THE SMU BOARD OF TRUSTEES CONSISTS ENTIRELY OF OUTSIDE AND INDEPENDENT MEMBERS OF THE BOARD. THE COMMITTEE MAKES COMPENSATION DECISIONS BASED UPON APPROPRIATE COMPARABILITY DATA AND INCLUDES THE ADVICE OF AN INDEPENDENT COMPENSATION CONSULTANT AND CONTEMPORANEOUS DOCUMENTATION OF THE COMPENSATION DECISIONS. THE COMPENSATION COMMITTEE HAS ALL OF THE POWERS OF THE FULL BOARD IN MATTERS OF COMPENSATION OF CORPORATE OFFICERS; THE COMPENSATION COMMITTEE MUST REPORT ANY ACTION TAKEN BY THE COMMITTEE TO THE BOARD OF TRUSTEES AT THE BOARD'S NEXT MEETING. FORM 990, PAGE 6, PART VI, LINE 15B SEE ANSWER IN PART VI, LINE 15A. FORM 990, PAGE 6, PART VI, LINE 17 MISSISSIPPI, MISSOURI, NEW HAMPSHIRE, NEW JERSEY, NEW MEXICO, NEW YORK, NORTH CAROLINA, NORTH DAKOTA, OHIO, OREGON, PENNSYLVANIA, RHODE ISLAND, SOUTH CAROLINA, TENNESSEE, UTAH, VIRGINIA, WASHINGTON, WEST VIRGINIA, WISCONSIN FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART VI, LINE 18 - ALL REQUESTS FOR COPIES OF FORM 990 AND 990-T ARE REVIEWED AND PROCESSED BY THE TAX DEPARTMENT OF SOUTHERN METHODIST UNIVERSITY. UPON RECEIVING A WRITTEN REQUEST, THE UNIVERSITY PROVIDES A COPY OF THE REQUESTED DOCUMENTATION WITHIN 30 DAYS FROM THE DATE OF RECEIPT. IF THE REQUEST IS MADE IN PERSON, THE UNIVERSITY PROVIDES THE COPIES ON THE DAY OF THE REQUEST, UNLESS UNUSUAL CIRCUMSTANCES PREVENT THIS IN WHICH CASE THE REQUESTED DOCUMENTATION IS PROVIDED WITHIN FIVE DAYS AFTER THE DATE OF THE REQUEST. FORM 990, PART XI THE AUDIT COMMITTEE FOR SOUTHERN METHODIST UNIVERSITY, THE SUPPORTED ORGANIZATION, IS RESPONSIBLE FOR REVIEWING THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS AND ACCOMPANYING FOOTNOTES. DURING THE AUDIT COMMITTEE MEETING, THE COMMITTEE MEMBERS ARE GIVEN AN OPPORTUNITY TO ASK QUESTIONS OF MANAGEMENT AND THE AUDIT FIRM. SIGNIFICANT TRANSACTIONS ARE HIGHLIGHTED IN THE EXECUTIVE SUMMARY PROVIDED TO THE COMMITTEE. FORM 990 PART X LINES 27-29: SMU ADOPTED ASU 2016-14 IN THE YEAR ENDING MAY 31, 2018. UNRESTRICTED NET ASSETS INCLUDE ALL NET ASSET CLASSIFIED AS "NET ASSET WITHOUT DONOR RESTRICTIONS" IN ACCORDANCE WITH ASC 958. PERMANENTLY RESTRICTED NET ASSETS INCLUDE ALL NET ASSETS CLASSIFIED AS "NET ASSETS WITH DONOR RESTRICTIONS" IN ACCORDANCE WITH ASC 958. PERUNA HOLDINGS CORPORATION PO BOX 750261 DALLAS TX 752750261 204039621 SUPPORTING TX 509A3 12A SMU false MUSTANG MOCKINGBIRD PROPERTIES PO BOX 750261 DALLAS TX 752750261 204216534 SUPPORTING TX 509A3 12A SMU false SOUTHERN METHODIST UNIVERSITY FOUND PO BOX 750261 DALLAS TX 752750261 200588905 SUPPORTING TX 509A3 12A SMU false SMU CORP PO BOX 750261 DALLAS TX 752750261 264739435 SUPPORTING TX 501C3 12A SMU false PERUNA EAST CORPORATION PO BOX 750261 DALLAS TX 752750261 454611768 SUPPORTING TX 501C3 12A SMU false SMU GOLF FOUNDATION PO BOX 750261 DALLAS TX 752750261 465131991 SUPPORTING TX 501C3 12A SMU false CHARITABLE REMAINDER TRUST 7 DALLAS TX 75275 TRUST TX SMU TRUST false false false false false false false false false false false true true false true true false false true true ALL TRANSACTIONS MARKED YES ABOVE ARE WITH 501(C)(3) ORGANIZATIONS