2019-05-03T11:23:38-05:00 2018-06-30 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2017-07-01 580568698 OGLETHORPE UNIVERSITY INC OGLE 4042611441 4484 PEACHTREE ROAD NE ATLANTA GA 30319 NORMAN MCKAY VP FOR BUSINESS AND FINANCE 4043648322 2019-04-29 1 MARY JO ALEXANDER P00002534 7709558600 2019-04-29 50.192.51.169 2019-04-29 19:53:22 ED P C9E50A38AD2D2B127455096DF8E7AFA996FFC2E7 EE966D560999FFF81221C8DB839B1B585E740CBA 2017 2019-02-21 02:37:17Z LAWRENCE SCHALL 4484 PEACHTREE ROAD NE ATLANTA GA 30319 76890051 0 X WWW.OGLETHORPE.EDU X 1835 GA INSTITUTION OF HIGHER EDUCATION 47 46 495 200 898 -15989 7592900 16890026 46319878 50394110 2708993 2098728 374336 350249 56996107 69733113 22188054 24898597 0 0 12926956 13734249 88852 19159 866148 13957257 14064337 49161119 52716342 7834988 17016771 97634004 118167100 17631658 19131838 80002346 99035262 X OGLETHORPE UNIVERSITY PROVIDES A SUPERIOR EDUCATION IN WHICH LIBERAL ARTS AND SCIENCES AND PROFESSIONAL PROGRAMS COMPLEMENT EACH OTHER IN A SMALL-COLLEGE ENVIRONMENT WITHIN A DYNAMIC URBAN SETTING. OGLETHORPE'S PROGRAMS EMPHASIZE INTELLECTUAL CURIOSITY, CLOSE COLLABORATION AMONG FACULTY AND STUDENTS, AND ENGAGED LEARNING IN RELEVANT FIELD EXPERIENCES. OGLETHORPE EDUCATES STUDENTS TO BE CITIZENS IN A GLOBAL WORLD, READIES THEM FOR RESPONSIBLE LEADERSHIP, AND EMPOWERS THEM TO PURSUE MEANINGFUL LIVES AND PRODUCTIVE CAREERS. 0 0 36821821 24898597 41677247 INSTRUCTION - THE COST OF OFFERING THE ACADEMIC PROGRAMS. 6881966 7716151 STUDENT SERVICES - THE COSTS OF EXTRACURRICULAR AND STUDENT-ORIENTED SERVICES AND PROGRAMS DESIGNED TO ENHANCE THE LEARNING ENVIRONMENT. 3497627 1000712 AUXILIARY SERVICES, THE COSTS OF ACTIVITIES ASSOCIATED WITH THE SUPPORT OF THE CAMPUS AND RESIDENTIAL COMMUNITY. 47201414 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 67 0 1 495 1 1 1 0 0 0 0 0 0 0 0 0 X 47 46 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 GA X NORMAN MCKAY VP FOR BUSINESS AND FINANCE 4043648322 4484 PEACHTREE ROAD NE ATLANTA GA 30319 DR LAWRENCE M SCHALL PRESIDENT/EX-OFFICIO 60.00 X X 364386 0 35095 MRS JOSEYLN BUTLER BAKER TRUSTEE 1.00 X 0 0 0 MR CAMERON M BREADY VICE CHAIR 2.00 X X 0 0 0 MR M JOHN BRETON III TRUSTEE 1.00 X 0 0 0 MR RICARDO C CARVALHO TRUSTEE 1.00 X 0 0 0 MR ANIL T CHERIYAN TRUSTEE 1.00 X 0 0 0 MR L THOMAS CLEMENTS TRUSTEE 1.00 X 0 0 0 MR BRIAN DAVIS TRUSTEE 1.00 X 0 0 0 MR MARK DELONG TRUSTEE 1.00 X 0 0 0 MR NORMAN P FINDLEY TRUSTEE 1.00 X 0 0 0 MR KEVIN D FITZPATRICK JR TRUSTEE 1.00 X 0 0 0 MR CLIFFORD L FOSTER TRUSTEE 1.00 X 0 0 0 MR D AUSTIN GILLIS TRUSTEE 1.00 X 0 0 0 MRS DIANNE GLENNIE TRUSTEE 1.00 X 0 0 0 MR J CLEVELAND HILL TRUSTEE 1.00 X 0 0 0 MR H THEODORE HEINTZ JR TRUSTEE 1.00 X 0 0 0 MR JAMES V HARTLAGE JR TRUSTEE 1.00 X 0 0 0 MR LARRY L JOHNSON TRUSTEE 1.00 X 0 0 0 MR JOE LAWRENCE TRUSTEE 1.00 X 0 0 0 MR DAVID M LEONARD TRUSTEE 1.00 X 0 0 0 MR JAMES W LEWIS TRUSTEE 1.00 X 0 0 0 MRS BELLE TURNER LYNCH TRUSTEE 1.00 X 0 0 0 MR J RUSSELL MAGBEE JR TRUSTEE 1.00 X 0 0 0 DR ISAAC MELAMED TRUSTEE 1.00 X 0 0 0 MS KIMBERLY MENEGHEL TRUSTEE 1.00 X 0 0 0 MR BOB T NANCE TRUSTEE 1.00 X 0 0 0 MR RD ODOM TRUSTEE 1.00 X 0 0 0 MR CEMAL OZGORKEY TRUSTEE 1.00 X 0 0 0 MR CODY L PARTIN TRUSTEE 1.00 X 0 0 0 MR DAVID R PASS TRUSTEE 1.00 X 0 0 0 MS ANITA PATTERSON TRUSTEE 1.00 X 0 0 0 MS S TAMMY PEARSON SECRETARY 2.00 X X 0 0 0 MR ROBERT E REISER TREASURER 2.00 X X 0 0 0 MR CLIFFORD ROBINSON TRUSTEE 1.00 X 0 0 0 MR BRIAN C SASS TRUSTEE 1.00 X 0 0 0 MR JOHN SHELNUTT TRUSTEE 1.00 X 0 0 0 MR JOSEPH P SHELTON TRUSTEE 1.00 X 0 0 0 DR WILLIAM O SHROPSHIRE TRUSTEE 1.00 X 0 0 0 MRS DEAN DUBOSE SMITH TRUSTEE 1.00 X 0 0 0 MR TIMOTHY P TASSOPOULOS CHAIR 2.00 X X 0 0 0 MR NEIL TOFSKY TRUSTEE 1.00 X 0 0 0 MRS TRISHANDA TREADWELL TRUSTEE 1.00 X 0 0 0 REV DR G GILMAN WATSON TRUSTEE 1.00 X 0 0 0 MR CHARLES T WHITE TRUSTEE 1.00 X 0 0 0 MR JAMES WILLIAMS TRUSTEE 1.00 X 0 0 0 MR JAMES WINESTOCK TRUSTEE 1.00 X 0 0 0 MR KEVIN A WOOLF TRUSTEE 1.00 X 0 0 0 MR NORMAN MCKAY VP FOR BUSINESS AND FINANCE 40.00 X 153163 0 21614 DR GLENN SHARFMAN PROVOST AND VP ACADEMIC AFFAIRS 40.00 X 180487 0 29330 MS ROBYN FURNESS-FALLIN VP DEVELOPMENT & ALUMNI RELATIONS 40.00 X 190051 0 31244 MS LUCY LEUSCH VP ENROLLMENT & FINANCIAL AID 40.00 X 134727 0 21966 MS MICHELLE T HALL VP, CAMPUS LIFE 40.00 X 137709 0 10545 MR MICHAEL K RULISON PROFESSOR, PHYSICS 40.00 X 110590 0 28752 MR J TODD BENNETT VP UNIVERSITY COMMUNICATIONS 40.00 X 109147 0 10599 1380260 0 189145 10 0 1 0 ARAMARK SERVICES 4484 PEACHTREE ROAD ATLANTA GA 30319 FOOD SERVICES 2397230 NATIONAL MANAGEMENT RESOURCES 113 CORPORATE PARK EAST DR LAGRANGE GA 30241 PHYSICAL PLANT/MAINT SERVICES 1252708 COOPER CARRY 191 PEACHTREE STREET NE STE 2400 ATLANTA GA 30303 ARCHITECTURAL/CONSTRUCTION SERVICES 588950 BIG RED CONSTRUCTIONINC 3915 GREEN INDUSTRIAL WAY CHAMBLEE GA 30341 CONSTRUCTION SERVICES 409746 G4S SECURE SOLUTIONS 1395 UNIVERSITY BLVD JUPITER FL 33458 SECURITY SERVICES 374451 15 16890026 1646805 16890026 TUITION AND FEES 611310 41677247 41677247 ROOM AND BOARD 611310 7716151 7716151 AUXILIARY AND FACILITY SERVICES 611310 1000712 1000712 50394110 872669 872669 8381079 7155020 1226059 1226059 1226059 14874 1918 12956 898 12058 MISCELLANEOUS 900099 337293 337293 337293 69733113 50394110 898 2448079 24898597 24898597 812211 298084 308376 205751 10498714 8624694 1548560 325460 517136 470594 46542 1121641 987044 78515 56082 784547 643329 133373 7845 27402 27402 82800 82800 19159 19159 210040 210040 1678549 1326054 352495 200603 144434 56169 351258 270469 38638 42151 613277 496754 110390 6133 1020622 959385 61237 492077 442870 14762 34445 134805 91668 10784 32353 509094 417457 91637 2216579 1817595 398984 341375 283341 58034 FOOD SERVICES 2088144 2025500 41763 20881 RECRUITMENT EXPENSE 1123121 1055734 56156 11231 REPAIRS AND MAINTENANCE 663279 26531 630115 6633 INSTRUCTIONAL MATERIALS 350839 333297 17542 1960473 1587983 274466 98024 52716342 47201414 4648780 866148 1421279 11917110 6040785 9490735 1072484 558987 482456 370800 103932665 43507886 54929178 60424779 32057824 34144321 1086077 761553 152435 142993 391486 355822 97634004 118167100 1578199 4896967 2400305 1595301 12110000 11440000 1543154 1199570 17631658 19131838 X 55285117 63203573 6388649 14532092 18328580 21299597 80002346 99035262 97634004 118167100 17016771 2016145 0 X X 0 1 X 1 1 1 X 422100 4847480 X X X X 0 0 31724904 1002500 2535098 1376872 33885630 30301222 164195 2651297 1391810 31724904 31005750 1015991 -582966 1137553 30301222 20803099 11143347 -65046 875650 31005750 19834785 127806 1714712 874204 20803099 0.42310 0.56690 0.01000 1 0 4697434 4697434 80430292 30348168 50082124 13957459 13159718 797741 4847480 4847480 60424779 ADVANCES FROM FEDERAL GOVERNMENT 577313 EARLY RETIREMENT LIABILITIES 31758 ACCRUED VACATION LIABILITIES 337584 OTHER LIABILITIES 252915 1199570 X 46850661 2016145 2016145 44834516 24898597 24898597 69733113 27817745 0 27817745 24898597 24898597 52716342 PART III, LINE 4: OGLETHORPE UNIVERSITY MUSEUM OF ART (OUMA) PERMANENT COLLECTION CURRENTLY NUMBERS MORE THAN 770 WORKS OF ART SPANNING OVER SEVEN CENTURIES. THE COLLECTION BOASTS PARTICULAR STRENGTH IN TWO DIVERSE AREAS - JAPANESE PORCELAIN RANGING FROM THE LATE 17TH CENTURY TO THE EARLY 20TH CENTURY AS WELL AS WORKS ON PAPER AND PAINTINGS FROM THE VARIOUS SCHOOLS OF 19TH AND EARLY 20TH CENTURY FRANCE. NOTABLE ARTISTS IN THIS SECOND AREA OF STRENGTH INCLUDE BOUDIN, RENOIR, PISSARRO, LUCE, SOMM, HUET, GUYS, MAUFRA, DELACROIX, COURBET, AND MATISSE. THE COLLECTION OF NOTABLE AMERICAN ARTISTS INCLUDES WORKS OF ART BY CORNOYER, SAUSSY, WEBB, TOLLIVER, BEARDEN, O'KELLY, AND AUDUBON. THE COLLECTIONS ARE MAINTAINED FOR ACADEMIC RESEARCH AS WELL AS PUBLIC EXHIBITION AND EDUCATION IN FURTHERANCE OF SUPPORT OF THE LIBERAL ARTS MANDATE OF THE UNIVERSITY, COMMUNITY OUTREACH, AND PUBLIC SERVICE. THE WORKS OF ART IN THE PERMANENT COLLECTION HAVE BECOME PART OF OGLETHORPE UNIVERSITY'S ENDOWMENT. AS SUCH THEY ARE A SIGNIFICANT INVESTMENT, CULTURAL ASSET, AND ALSO SUPPORT THE CURRICULAR GOALS OF THE UNIVERSITY. GOALS OF ACADEMIC SUPPORT ARE FURTHER MET THROUGH THE SKYLIGHT STUDY CENTER. OUMA OFFERS GALLERY ASSISTANT INTERNSHIPS, INDEPENDENT STUDY, AND WORK STUDY OPPORTUNITIES FOR STUDENTS AND ACTIVELY SUPPORTS STUDENT NETWORKING IN THE MUSEUM FIELD. OUMA STAFF COLLABORATIVELY PLAN WITH OU FACULTY TO ALLOW FOR DIRECT COURSE AND EXHIBITION DEVELOPMENT, GIVING STUDENTS AN IMMERSIVE EXPERIENCE WHICH IS BOTH SCHOLARLY AND PRACTICAL. OUMA IS A RARE ASSET ON CAMPUS, HELPING THE UNIVERSITY IN FULFILLING ITS GOAL TO PROVIDE A SUPERIOR LIBERAL ARTS EDUCATION. PART V, LINE 4: OGLETHORPE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 125 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. PART X, LINE 2: THE UNIVERSITY QUALIFIES AS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN INTERNAL REVENUE CODE SECTION 501(C)(3) AND HAS BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE UNIVERSITY. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE UNIVERSITY'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN THE OPINION OF MANAGEMENT, THE UNIVERSITY HAD NO SIGNIFICANT UNRELATED BUSINESS TAXABLE INCOME DURING 2018, 2017, AND 2016. ACCORDINGLY, NO PROVISION OR BENEFIT FOR FEDERAL AND STATE INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE UNIVERSITY BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF STUDENT ASSISTANCE TO FUNCTIONAL EXPENSE 24,898,597. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF STUDENT ASSISTANCE EXPENSE FROM REVENUE 24,898,597. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 X X X X X X 1 COXE CURRY & ASSOCIATES 191 PEACHTREE ST NE 450 ATLANTA GA 30303 CAMPAIGN ADVISORY SERVICES 0 0 19159 -19159 19159 -19159 GA 1 ACADEMIC SCHOLARSHIPS 1134 24898597 PART I, LINE 2: SCHOLARSHIPS GIVEN ARE A COMBINATION OF MERIT AID AND NEED-BASED AID. MERIT BASED SCHOLARSHIPS RECOGNIZE ACHIEVEMENT IN ACADEMICS AND THE POTENTIAL TO CONTRIBUTE TO CAMPUS LIFE. OVER 80% OF APPLICANTS TO THE UNIVERSITY TYPICALLY QUALIFY FOR SOME SORT OF MERIT AWARD. NEED-BASED AWARDS ARE AVAILABLE TO FULL-TIME STUDENTS WHO DEMONSTRATE NEED AS DETERMINED BY THE FAFSA OR INTERNATIONAL STUDENT AID APPLICATION. THESE AWARDS ARE GRANTED IN CONJUNCTION WITH FEDERAL, STATE, PRIVATE OR INSTITUTIONAL ASSISTANCE AND CANNOT EXCEED STUDENT'S FINANCIAL NEED. THESE AWARDS ARE DETERMINED ANNUALLY BASED ON FAFSA DATA AND THE RESULTS OF THE STUDENT AID APPLICATIONS. X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 DR LAWRENCE M SCHALL PRESIDENT/EX-OFFICIO 314886 0 31500 0 18000 0 19272 0 15823 0 399481 0 0 0 MR NORMAN MCKAY VP FOR BUSINESS AND FINANCE 153163 0 0 0 0 0 10944 0 10670 0 174777 0 0 0 DR GLENN SHARFMAN PROVOST AND VP ACADEMIC AFFAIRS 180487 0 0 0 0 0 13062 0 16268 0 209817 0 0 0 MS ROBYN FURNESS-FALLIN VP DEVELOPMENT & ALUMNI RELATIONS 190051 0 0 0 0 0 13768 0 17476 0 221295 0 0 0 MS LUCY LEUSCH VP ENROLLMENT & FINANCIAL AID 134727 0 0 0 0 0 9708 0 12258 0 156693 0 0 0 PART I, LINE 1A THE PRESIDENT HAS USE OF A UNIVERSITY OWNED RESIDENCE AS A CONDITION OF HIS EMPLOYMENT TO PERFORM HIS DUTIES INTEGRALLY RELATED TO HIS RESPONSIBILITIES. THE UNIVERSITY PAYS FOR THE PRESIDENT'S HEALTH CLUB DUES. PART I, LINE 4B 457F PLAN: DR. LAWRENCE SCHALL CONTRIBUTED $15,823 A DEVELOPMENT AUTHORITY BONDS SERIES 2012 581500666 240463FE4 2012-10-31 6000000 CONSTRUCTION OF STUDENT CENTER 0 0 0 B DEVELOPMENT AUTHORITY BONDS SERIES 2004 581500666 240463HC6 2004-10-01 10000000 CONSTRUCTION OF STUDENT DORMITORY FACILITY 0 0 0 A 1320000 6000000 112565 5887435 2013 1 0 1 0 B 2940000 9700000 45000 9655000 2005 0 0 1 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 1 B 1 X 5 422100 QUALIFIED APPRAISAL X 9 1224705 FMV 6 0 1 1 PART I, COLUMN (B): NUMBER OF CONTRIBUTORS PART I, LINE 32B: THE ORGANIZATION USES THIRD PARTIES TO SELL NON CASH CONTRIBUTIONS SUCH AS DONATIONS OF STOCK. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FORM 990 BEING FILED, A COPY IS MADE AVAILABLE TO ALL MEMBERS OF THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES, AND THE AUDIT COMMITTEE REVIEWS FORM 990, APPROVES, AND RECOMMENDS APPROVAL BY THE FULL BOARD. ALSO PRIOR TO FILING AND PRIOR TO THE FULL BOARD APPROVING THE FORM 990, A PUBLIC INSPECTION VERSION OF FORM 990 IS MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF TRUSTEES. THE NAMES AND ADDRESSES OF CONTRIBUTORS ARE OMMITTED FROM SCHEDULE B IN THE PUBLIC INSPECTION VERSION, OTHERWISE IT IS IDENTICAL TO THE FILED VERSION OF FORM 990. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE ASKED TO ANNUALLY SIGN A CONFLICT OF INTEREST AGREEMENT. BOARD MEMBERS ARE ASKED TO DISCLOSE ANY CONFLICTS. CONFLICTS THAT DO ARISE ARE USUALLY RESOLVED BY ASKING A BOARD MEMBER TO RECUSE FROM VOTING OR SOME OTHER ARRANGEMENT DETERMINED BY THE BOARD CHAIR. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES APPROVE THE CABINET POSITION SALARIES WHICH INCLUDES POSITIONS SUCH AS THE PRESIDENT AND VICE PRESIDENTS OF THE UNIVERSITY AND KEY EMPLOYEES. SALARIES ARE COMPARED TO INDEPENDENT DATA AT NACUBO. FORM 990, PART VI, SECTION C, LINE 19 OGLETHORPE UNIVERSITY DOES NOT MAKE ANY OF THESE DOCUMENTS PUBLIC. THE FINANCIAL INFORMATION CAN BE OBTAINED THROUGH THE FORM 990. THE FORM 990 IS AVAILABLE UPON REQUEST AT OGLETHORPE UNIVERSITY. PART XII, LINE 2C NO CHANGES HAVE BEEN MADE TO THE PROCESS OF AUDITOR SELECTION, NOR REVIEW OF AUDITED FINANCIAL STATEMENTS.