2019-05-15T13:39:44-05:00 2018-06-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 777 E WISCONSIN AVE 32ND FLOOR MILWAUKEE WI 53202 990 2017-07-01 952798775 CONCORDIA UNIVERSITY IRVINE CONC 9492143126 1530 CONCORDIA WEST IRVINE CA 926123203 KEVIN TILDEN CHIEF FINANCIAL OFFICER 9492143126 2019-05-15 1 TROY MARINE CPA P00187863 4147775500 2019-05-15 69.11.230.151 2019-05-15 10:52:34 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 4F3A2D76CFB891132660CA62ECA341992B86C414 2017 2019-02-21 02:37:17Z KEVIN TILDEN 1530 CONCORDIA WEST IRVINE CA 926123203 103325925 0 X WWW.CUI.EDU X 1972 CA CONCORDIA UNIVERSITY IRVINE, GUIDED BY THE GREAT COMMISSION OF CHRIST JESUS AND THE LUTHERAN CONFESSIONS, EMPOWERS STUDENTS THROUGH THE LIBERAL ARTS AND PROFESSIONAL STUDIES FOR LIVES OF LEARNING, SERVICE, AND LEADERSHIP. 16 16 1634 250 0 0 9108328 6668635 92735811 94116013 1602450 1770512 222050 253802 103668639 102808962 22998555 23448557 0 0 41295845 41983869 0 0 0 29782178 29475433 94076578 94907859 9592061 7901103 146289049 155838160 43205670 42969201 103083379 112868959 CONCORDIA UNIVERSITY IRVINE, GUIDED BY THE GREAT COMMISSION OF CHRIST JESUS AND THE LUTHERAN CONFESSIONS, EMPOWERS STUDENTS THROUGH THE LIBERAL ARTS AND PROFESSIONAL STUDIES FOR LIVES OF LEARNING, SERVICE, AND LEADERSHIP. 0 0 53441193 23448557 84288437 INSTRUCTION - DIVISIONAL:INSTRUCTION, INCLUDES GRANTS AND ALLOCATIONS. CONCORDIA UNIVERSITY CURRENTLY HAS 1,520 TRADITIONAL UNDERGRADUATE STUDENTS AND 2,788 NON-TRADITIONAL STUDENTS. 20989051 ACADEMIC SUPPORT AND STUDENT SERVICES:ACADEMIC SUPPORT INCLUDES OFFICE OF THE PROVOST, DEANS OF VARIOUS ACADEMIC DIVISIONS, AND UNIVERSITY LIBRARY SERVICES. STUDENT SERVICES INCLUDES ADMISSIONS, FINANCIAL AID, REGISTRAR, AND ATHLETICS. 7574495 9827576 AUXILIARY SERVICES:AUXILIARY ENTERPRISES AT CONCORDIA ARE GENERALLY COMPRISED OF RESIDENCE HALLS, A DINING HALL, AND A SNACK SHOP. 82004739 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 1 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 1 1 1 0 0 1 281 0 1634 1 0 0 0 0 0 1 1 0 0 0 0 X 16 16 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X KEVIN TILDEN 9492143126 1530 CONCORDIA WEST IRVINE CA 92612 PAUL C BELDEN BOARD MEMBER 1.00 X 0 0 0 DR STEVEN J BUUCK BOARD MEMBER - SECRETARY 1.00 X X 0 0 0 CARYN BORLAND BOARD MEMBER 1.00 X 0 0 0 DR ELMER R GOODING BOARD MEMBER - BOARD CHAIR 1.00 X X 0 0 0 RACHEL KLITZING BOARD MEMBER - ADVISORY 1.00 X 0 0 0 JEFFREY S BEAVERS BOARD MEMBER 1.00 X 0 0 0 REV JAMES D HENKELL BOARD MEMBER 1.00 X 0 0 0 REV DR ROBERT D NEWTON BOARD MEMBER - ADVISORY 1.00 X 0 0 0 PETER KS LEE BOARD MEMBER 1.00 X 0 0 0 SANDRA OSTAPOWICH BOARD MEMBER 1.00 X 0 0 0 RONALD R LEVESQUE BOARD MEMBER 1.00 X 0 0 0 PAULA E MEYER BOARD MEMBER 1.00 X 0 0 0 CYNTHIA STEINBECK BOARD MEMBER 1.00 X 0 0 0 REV DR LARRY A STOTERAU BOARD MEMBER 1.00 X 0 0 0 DONALD G TIETJEN BOARD MEMBER 1.00 X 0 0 0 REV ALLON ANDERSON BOARD MEMBER - ADVISORY 1.00 X 0 0 0 DR AUDREY G WILLIAMS BOARD MEMBER - ADVISORY 1.00 X 0 0 0 HE DURBIN BOARD MEMBER - EX OFFICIO 1.00 X 0 0 0 ROGER BUTNER BOARD MEMBER 1.00 X 0 0 0 REV SCOTT KLEMSZ BOARD MEMBER 1.00 X 0 0 0 REV SAMUEL SCHULDHEISZ BOARD MEMBER 1.00 X 0 0 0 KURT KRUEGER PRESIDENT 40.00 4.00 X 280008 0 96135 KEVIN TILDEN EXECUTIVE VP, CFO 40.00 4.00 X 180868 0 38729 GARY MCDANIEL EXEC VP & CHIEF ENROLLMENT 40.00 X 175903 0 67870 PETER SENKBEIL VP ACADEMIC AFFAIRS AND ASSOCIATE PROVOST 40.00 X 153997 0 34156 STEPHEN CHRISTENSEN EXEC VP FOR EXTERNAL RELATIONS 40.00 X 170846 0 36988 TIMOTHY PREUSS DEAN SCHOOL OF ARTS & SCIENCES 40.00 X 181472 0 33245 RONALD VAN BLARCOM ASSOCIATE VP OF UNIVERSITY 40.00 X 167537 0 25867 ANTHONY DIAZ RESIDENT FACULTY AND DIRECTOR OF MCAA PROGRAM 40.00 X 147590 0 9261 DOUGLAS GROVE ASSOC PROVOST VP ENROLLMENT MGMT & PROGRAM DEVELOP. 40.00 X 142369 0 33867 1600590 0 376118 46 0 1 0 SYNDER LANGSTON 17962 COWAN IRVINE CA 926146036 GENERAL CONTRACTOR 10655640 BON APPETIT 1000 WEST TEMPLE STREET LOS ANGELES CA 90074 FOOD SERVICE 2734503 K-12 TEACHERS ALLIANCE 20624 ABBEY WOODS FRANKFORT IL 60423 RECRUITMENT SERVICES 2407691 ARAMARK FACILITIES SERVICES 24818 NETWORK PL CHICAGO IL 606731248 FACILITIES MAINTENANCE 1983342 TRUSTED TECHNICAL SOLUTIONS LLC PO BOX 902 WHITE SALMON WA 98672 SEARCH ENGINE MARKETING SERVICES 670732 41 30153 296911 6341571 6668635 TUITION AND FEES 611710 84288437 84288437 HOUSING & STUDENT FOOD SERVICES 611710 8870634 8870634 AUXILIARY SERVICES 611710 956942 956942 94116013 1355280 1355280 122729 158236 -35507 -35507 -35507 773959 0 358727 773959 -358727 415232 415232 OTHER REVENUE 900099 289309 289309 289309 102808962 94116013 0 2024314 23448557 23448557 1109016 1109016 32727303 30269274 2458029 2743886 2367571 376315 3504454 3129991 374463 1899210 1679905 219305 233661 233661 89846 89846 110890 110890 8310641 7494305 816336 2491979 2491979 186278 45679 140599 1009678 129265 880413 2696019 1988516 707503 2833390 2763333 70057 191057 176724 14333 481736 481736 5040460 3183178 1857282 654305 149552 504753 PROGRAM ACTIVITY 4157578 2294333 1863245 BANK FEES 349946 349946 BAD DEBT EXPENSE 211000 211000 STUDY ABROAD TUITION EX 201290 201290 225679 191287 34392 94907859 82004739 12903120 0 2046367 1244745 18845783 20373423 8750060 5132754 2132476 2121616 106331 106331 272054 270332 2102390 2135052 136501281 65206502 61878860 71294779 41411762 43852648 8742966 9306480 146289049 155838160 5934955 6641652 6238637 6247738 25084750 23898552 28286 0 5919042 6181259 43205670 42969201 X 53032190 68261124 29330878 21728635 20720311 22879200 103083379 112868959 146289049 155838160 X 7901103 554452 1330025 X X 0 1 X 1 1 1 X 1 48414 48414 0 PART II-B, LINE 1: ASSOCIATION OF FAITH BASED INSITIUTIONS FORMED TO DEFEAT SB 1146. 125841 X 0 24627762 3704059 1568236 613524 29286533 22024644 1192233 2011329 600444 24627762 21356815 1237054 -8012 561213 22024644 18313694 3374829 54540 386248 21356815 11799616 4817440 1970517 273879 18313694 0.23000 0.62000 0.15000 0 1 1 1079179 1079179 85562091 46161665 39400426 25067497 10527817 14539680 12301677 8517020 3784657 12490837 12490837 71294779 INTEREST IN NET ASSETS OF CONCORDIA UNIVERSITY FOUNDATION 6661791 BENEFICIAL INTEREST IN PERPETUAL FUNDS 1037772 BENEFICIAL INTEREST IN SPLIT INT AGREEMENTS 1078917 CASH SURRENDER VALUE OF LIFE INSURANCE 528000 9306480 INTEREST RATE EXCHANGE LIABILITY 243529 ENDOWMENT ASSETS HELD FOR CONCORDIA UNIVERSITY FOUNDATION 5773568 DUE TO CONCORDIA UNIVERSITY IRVINE FOUNDATION 164162 6181259 X 80006913 554452 1488261 2042713 77964200 110890 24733872 24844762 102808962 70221333 158236 158236 70063097 110890 24733872 24844762 94907859 PART III, LINE 4: THE ART COLLECTION IS HELD BY CONCORDIA SOLELY FOR THE PRESERVATION/BENEFIT FOR FUTURE GENERATIONS. PART V, LINE 4: THE CONCORDIA UNIVERSITY'S INTENDED USE OF ENDOWMENT FUNDS IS TO PROVIDE DESIGNATED FINANCIAL SUPPORT FOR ACADEMIC SCHOLARSHIPS, PROGRAMS, AND SERVICES PROVIDED TO STUDENTS OF CONCORDIA UNIVERSITY, IRVINE TO FURTHER THEIR RESPECTIVE EDUCATIONAL GOALS. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE UNIVERSITY IS NOT SUBJECT TO FEDERAL INCOME TAXES EXCEPT TO THE EXTENT IT DERIVES INCOME FROM CERTAIN ACTIVITIES NOT SUBSTANTIALLY RELATED TO ITS TAX-EXEMPT POSITION (UNRELATED TRADE OR BUSINESS ACTIVITIES). THE UNIVERSITY IS ALSO EXEMPT FROM STATE INCOME TAXES. THE UNIVERSITY FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE UNIVERSITY FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2018 AND 2017. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN SPLIT-INTEREST AGREEMENTS 21,125. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL FUNDS -49,369. DIRECT RENTAL EXPENSES 158,236. UNREALIZED GAIN ON INTEREST RATE EXCHANGE AGREEMENT 763,460. CHANGE IN INTEREST IN NET ASSETS OF CONCORDIA UNIVERSITY IRVINE FOUNDATION 594,809. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 23,448,557. FORGIVENESS TO CONCORDIA UNIVERSITY FOUNDATION 1,285,315. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES 158,236. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 23,448,557. FORGIVENESS TO CONCORDIA UNIVERSITY FOUNDATION 1,285,315. PART V, ENDOWMENT FUNDS: BEGINNING BALANCE FOR 6-30-13 INCLUDES ONLY THE ENDOWMENT VALUE OF THE UNIVERSITY ENDOWMENTS. IN PRIOR YEARS THIS SCHEDULE ALSO INCLUDED CONCORDIA UNIVERSITY IRVINE FOUNDATION ENDOWMENT FUND. THE FOUNDATION'S ENDOWMENT FUND IS HELD BY THE UNIVERSITY, BUT EACH ENTITY REPORTS THEIR OWN ENDOWMENT FUND BALANCE ON THEIR RESPECTIVE FORM 990. 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 STATEMENT OF NON-DISCRIMINATORY POLICY IS PUBLISHED IN THE UNIVERSITY'S CATALOG, HANDBOOK & ALL PROMOTIONAL PUBLICATIONS. SCHEDULE E, PART I, LINE 6 CONCORDIA UNIVERSITY SERVES AS A CONDUIT TO RECEIVE AND DISBURSE STUDENT AID FUNDS FROM GOVERNMENTAL AGENCIES SUCH AS THE DEPARTMENT OF THE PERKINS STUDENT LOAN PROGRAM, FEDERAL WORK STUDY PROGRAM, PELL GRANT AND SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM IN CONNECTION WITH VARIOUS PROGRAMS" AFTER GOVERNMENTAL AGENCIES EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 1 PROGRAM SERVICES DEVELOP MEANINGFUL RELATIONSHIPS WITH CHINESE BUSINESS LEADERS, EDUCATORS, PROFESSIONALS AND COMMUNITY MEMBERS FOR THE BENEFIT OF STUDENT INTERNSHIPS IN THE PEOPLE'S REPUBLIC OF CHINA. 76154 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES WIRE TRANSFERS FOR STUDENT EXPENSES 129059 SUB SAHARAN AFRICA 0 0 PROGRAM SERVICES WIRE TRANSFERS FOR STUDENT EXPENSES 1300 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES WIRE TRANSFERS FOR STUDENT EXPENSES 13168 0 1 0 0 0 1 219681 0 219681 0 0 0 0 0 0 1 TUITION DISCOUNT 2071 23448557 PART I, LINE 2: CONCORDIA UNIVERSITY IRVINE OFFERS SCHOLARSHIPS AND GRANTS TO QUALIFIED STUDENTS TO HELP REDUCE THEIR OUT-OF-POCKET TUITION COSTS. STUDENTS RECEIVING FINANCIAL ASSISTANCE OF THIS FORM MUST MEET SPECIFIC CRITERIA SUCH AS ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER SIMILAR STANDARDS WHETHER PUT IN PLACE BY THE COLLEGE OR BY DONORS OF RESTRICTED FUNDS. THE OFFICE OF FINANCIAL AID IS ACCOUNTABLE FOR MONITORING AND DISBURSING ALL FINANCIAL ASSISTANCE TO STUDENT ACCOUNTS. X 0 0 X X X X 0 0 0 0 0 0 0 0 0 KURT KRUEGER PRESIDENT 242233 0 0 0 37775 0 28887 0 67248 0 376143 0 0 0 KEVIN TILDEN EXECUTIVE VP, CFO 177706 0 0 0 3162 0 17709 0 21020 0 219597 0 0 0 GARY MCDANIEL EXEC VP & CHIEF ENROLLMENT 138127 0 0 0 37776 0 622 0 67248 0 243773 0 0 0 PETER SENKBEIL VP ACADEMIC AFFAIRS AND ASSOCIATE PROVOST 141063 0 0 0 12934 0 14001 0 20155 0 188153 0 0 0 STEPHEN CHRISTENSEN EXEC VP FOR EXTERNAL RELATIONS 163120 0 0 0 7726 0 16295 0 20693 0 207834 0 0 0 TIMOTHY PREUSS DEAN SCHOOL OF ARTS & SCIENCES 167713 0 0 0 13759 0 13258 0 19987 0 214717 0 0 0 RONALD VAN BLARCOM ASSOCIATE VP OF UNIVERSITY 164829 0 0 0 2708 0 16124 0 9743 0 193404 0 0 0 ANTHONY DIAZ RESIDENT FACULTY AND DIRECTOR OF MCAA PROGRAM 145176 0 0 0 2414 0 869 0 8392 0 156851 0 0 0 DOUGLAS GROVE ASSOC PROVOST VP ENROLLMENT MGMT & PROGRAM DEVELOP. 140186 0 0 0 2183 0 13763 0 20104 0 176236 0 0 0 PART I, LINE 1A THE PRESIDENT OF THE UNIVERSITY RESIDES IN CAMPUS PROVIDED HOUSING YEAR-ROUND. THE VALUE ASSOCIATED WITH THE HOUSING PROVIDED TO THE PRESIDENT IS $79,000 WHICH IS THE APPROXIMATE ANNUAL RENTAL VALUE OF THE HOUSE IN WHICH THE PRESIDENT RESIDES. A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 NONEAVAIL 2017-12-28 39604750 CURRENT REFUND 2011 BONDS; FINANCE NEW PROJECT 0 0 0 A 497500 39604750 50001 24604750 14949999 2019 1 0 0 1 A 0 0 0 0 0 0 1 A 0 1 0 0 1 0 0 0 1 A 0 FORM 990, SCHEDULE K, PART I, COLUMN F: CONCURRENTLY WITH ISSUANCE OF THE SERIES 2017 BONDS (NEW MONEY), THE ISSUER'S SERIES 2011 BONDS ISSUED FOR THE ORGANIZATION WERE MODIFIED IN A TRANSACTION THAT RESULTED IN A "REISSUANCE" OF THE SERIES 2011A BONDS FOR FEDERAL TAX PURPOSES. ACCORDINGLY, THE SERIES 2017 BONDS AND THE "REISSUED" SERIES 2011A BONDS ARE TREATED AS A SINGLE "ISSUE" FOR PURPOSES OF THIS SCHEDULE K. FORM 990, SCHEDULE K, PART V: THE ORGANIZATION DOES HAVE WRITTEN PROCEDURES IN PLACE TO ENDURE THAT VIOLATIONS OF FEDERAL TAX REQUIREMENTS ARE TIMELY IDENTIFIED AND REMEDIATED, BUT SUCH PROCEDURES DO NOT SPECIFICALLY MENTION THE VOLUNTARY CLOSING AGREEMENT PROGRAM. TIMOTHY PREUSS DEAN SCHOOL OF ARTS & SCIENCE HOME FINANCE X 106331 106331 0 1 1 106331 CAROL MCDANIEL WIFE OF GARY MCDANIEL, EVP 87389 SALARY 0 FORM 990, PART VI, SECTION A, LINE 1 THE BOARD OF REGENTS HAS GRANTED THE AUTHORITY TO THE FOLLOWING COMMITTEES: (1) INVESTMENT COMMITTEE - CHARGED WITH THE OVERSIGHT OF THE UNIVERSITY'S ENDOWMENT, INVESTMENT DECISIONS, AND ALL CUSTODIAL CONCERNS RELATED TO CONCORDIA'S FINANCIAL INSTRUMENTS. (2) FINANCE/AUDIT COMMITTEE - CHARGED WITH THE OVERSIGHT OF THE FINANCIAL MANAGEMENT OF THE UNIVERSITY, INCLUDING THE REVIEW OF ALL EXTERNAL FINANCIAL REPORTING AND THE ANNUAL AUDIT PROCESS. (3) COMPENSATION COMMITTEE - CHARGED WITH THE REVIEW AND APPROVAL OF ALL COMPENSATION STRUCTURES RELATING TO FACULTY, STAFF, AND KEY EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 7A THE SYNOD HOLDS A CONVENTION EVERY THREE YEARS, WHICH IS COMPRISED OF LUTHERAN CONGREGATIONS ACCROSS THE UNITED STATES. A REPRESENTATIVE OF THE CONGREGATIONS IS APPOINTED WHO IN TURN VOTES FOR FOUR MEMBERS OF THE BOARD OF REGENTS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD ASSIGNS AUTHORITY TO THE FINANCE COMMITTEE TO PERFORM A THOROUGH REVIEW OF THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C IN THEIR CAPACITY AS REGENTS, THE MEMBERS OF THE BOARD OF DIRECTORS OF CONCORDIA UNIVERSITY IRVINE MUST ACT AT ALL TIMES IN THE BEST INTEREST OF THE UNIVERSITY. ALL ACTUAL AND POTENTIAL CONFLICTS OF INTEREST SHALL BE DISCLOSED BY BOARD MEMBERS TO THE APPROPRIATE PERSONNEL WITHIN THE UNIVERSITY THROUGH THE ANNUAL DISCLOSURE FORM AND/OR WHENEVER A CONFLICT ARISES. THE DISINTERESTED MEMBERS OF THE BOARD SHALL MAKE A DETERMINATION AS TO WHETHER A CONFLICT EXISTS AND WHAT SUBSEQUENT ACTION IS APPROPRIATE (IF ANY). IF IT IS DETERMINED THAT A CONFLICT OF INTEREST DOES IN FACT EXIST, THE INTERESTED BOARD MEMBER(S) IS/ARE RECUSED FROM PARTICIPATING IN DEBATES AND VOTES ON THE MATTER. STAFF AND FACULTY OF THE ORGANIZATION ARE REGULARLY REQUIRED TO REAFFIRM THEIR ADHERENCE TO AND UNDERSTANDING OF THE NEED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION DECISIONS ARE SUBJECT TO REVIEW AND CONCURRENCE BY SENIOR MEMBERS OF STAFF. COMPARABILITY DATA AS PROVIDED BY WATSON AND WYATT IS USED AS A BENCHMARK, AND THE METHODOLOGY OF THE DECISION IS DOCUMENTED BY HUMAN RESOURCES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST, AND RELATED DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON INTEREST RATE EXCHANGE AGREEMENT 763,460. CHANGE IN VALUE OF BENEFICIAL INTEREST IN SPLIT-INTEREST AGREEMENTS 21,125. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL FUNDS -49,369. CHANGE IN INTEREST IN NET ASSETS OF CONCORDIA UNIVERSITY IRVINE FOUNDATION 594,809. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS FOR THE AUDIT OF THE FINANCIAL STATEMENTS. FORM 990, PART V, LINES 1A & 2A CONCORDIA UNIVERSITY IRVINE AND CONCORDIA UNIVERSITY IRVINE FOUNDATION ARE RELATED NONPROFIT CORPORATIONS UTILIZING A COMMON POOL OF EMPLOYEES. BOTH ORGANIZATIONS FILE A COMMON PAYROLL UNDER CONCORDIA UNIVERSITY IRVINE AND ALL TAX REPORTING IS DONE THROUGH UTILIZING CONCORDIA UNIVERSITY IRVINE AS A COMMON PAYMASTER. THE WAGES AND BENEFITS OF EMPLOYEES OF THE TWO ORGANIZATIONS ARE ACCOUNTED FOR AS EITHER ENTITIES' EXPENSES ON THE STATEMENT OF FUNCTIONAL EXPENSE BASED ON ROLE AND TIME SPENT ON EACH ORGANIZATIONS' ACTIVITIES. CONCORDIA UNIVERSITY IRVINE FOUNDATION 1530 CONCORDIA WEST IRVINE CA 92612 237326171 FUNDRAISING FOR CONCORDIA UNIVERSITY CA 501(C)(3) LINE 12A, I CONCORDIA UNIVERSITY IRVINE 1 CHARITABLE REMAINDER ANNUITY TRUSTS (2) CHARITABLE TRUST CA T 0 CHARITABLE REMAINDER UNITRUSTS (6) CHARITABLE TRUST CA T 0 POOLED TRUSTS (16) CHARITABLE TRUST CA T 0 NET INCOME WITH MAKEUP CHARITABLE TRUST (2) CHARITABLE TRUST CA T 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 CONCORDIA UNIVERSITY FOUNDATION O 1285315 FAIR MARKET VALUE CONCORDIA UNIVERSITY FOUNDATION B 1255162 CASH