2018-05-15T12:05:51-07:00 2017-06-30 990 2016-07-01 620475697 The University of the South UNIV 9315981349 735 University Ave Sewanee TN 373831000 Douglass Williams Treasurer 9315981349 2018-05-11 2016 2022-09-23 18:48:47Z John McCardell 735 University Ave Sewanee TN 373831000 512180072 0 X www.sewanee.edu X 1858 TN An Episcopal University composed of the College of Arts and Sciences and the School of Theology. 141 136 2083 1400 98183 0 28293972 20955873 103354894 107426905 -7975080 40525348 3264 1818095 123677050 170726221 26936054 30500537 0 0 59868588 59448703 0 0 5510755 43400345 43582372 130204987 133531612 -6527937 37194609 656266959 691762152 101173352 96476935 555093607 595285217 The College of Arts and Sciences is committed to the development of the whole person through a liberal arts education of the highest quality. The School of Theology educates women and men to serve the broad whole of the Episcopal Church in ordained and lay vocations. 0 0 71433152 30500537 76930967 INSTRUCTION: IN THE COLLEGE OF ARTS AND SCIENCES, STUDENTS WORK CLOSELY WITH DISTINGUISHED AND DIVERSE FACULTY IN A DEMANDING COURSE OF HUMANE AND SCIENTIFIC STUDY THAT PREPARES THEM FOR LIVES OF ACHIEVEMENT AND SERVICE. A STUDENT-FACULTY RATIO OF 11:1 ENABLES CLOSE STUDENT-FACULTY INTERACTION IN THE CLASSROOM AND ALLOWS FOR FACULTY GUIDANCE IN STUDENT RESEARCH. 13301852 0 1633504 STUDENT SERVICES: A WIDE RANGE OF CO-CURRICULAR AND RECREATIONAL OPPORTUNITIES ARE AVAILABLE TO COMPLEMENT THE ACADEMIC EXPERIENCE AND SUPPORT STUDENT LIFE. MORE THAN A HUNDRED ORGANIZATIONS AND CLUBS FACILITATE SOCIAL INTERACTION BETWEEN STUDENTS AND BETWEEN STUDENTS AND THE BROADER SEWANEE COMMUNITY. 18602827 0 28731941 HOUSING AND AUXILIARY SERVICES: THE COLLEGE IS A RESIDENTIAL LIBERAL ARTS COLLEGE. ROOM AND BOARD PROGRAMS ARE DESIGNED TO ENCOURAGE OPPORTUNITIES FOR CONVERSATION AND COMMUNITY BUILDING BEYOND THE CLASSROOM. BESIDES TRADITIONAL RESIDENCE DORMITORIES, STUDENTS MAY ALSO CHOOSE TO LIVE IN A THEME HOUSE WHICH BRINGS TOGETHER STUDENTS WITH A COMMON INTEREST. 5750970 0 130493 OTHER PROGRAM SERVICES: OTHER PROGRAM EXPENSES ARE PRIMARILY COMPRISED OF EXPENSES RELATED TO FACULTY RESEARCH ACTIVITIES AND OF EXPENSES RELATED TO PLANT MAINTENANCE AND OPERATION. 5750970 0 130493 109088801 1 1 0 0 0 0 1 1 0 1 1 1 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 37 0 1 2083 1 1 1 1 SP 0 0 0 0 0 0 0 0 X 141 136 0 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 0 1 1 0 X Doug Williams 9315981349 735 University Ave Sewanee TN 373831000 Aaron Welch Board Member 2 X 0 0 0 Addison Hosea Board Member 2 X 0 0 0 Alberto Cutie Board Member 2 X 0 0 0 Alyson Crouch Hardin Board Member 2 X 0 0 0 Amy Hamilton Board Member 2 X 0 0 0 Andrea Marie Petrosh Board Member 2 X 0 0 0 Andrew Waldo Board Member 2 X 0 0 0 Andrew Wright Board Member 2 X 0 0 0 Ann Stirling Board Member 2 X 0 0 0 Anna Spencer Board Member 2 X 0 0 0 Anne Hodges-Copple Board Member 2 X 0 0 0 Anne Vouga Board Member 2 X 0 0 0 Ben Nelson Board Member 2 X 0 0 0 Bill Nichol Board Member 2 X 0 0 0 Bill Stiefel Board Member 2 X 0 0 0 Billy Richard Cato Board Member 2 X 0 0 0 Blucher B Lines Board Member 2 X 0 0 0 Brian Cannaday Board Member 2 X 0 0 0 Brian Clardy Board Member 2 X 0 0 0 Brian R Seage Board Member 2 X 0 0 0 Bruce Caldwell Board Member 2 X 0 0 0 Buckner Hinkle Board Member 2 X 0 0 0 C Andrew Doyle Board Member 2 X 0 0 0 Canon Gene Manning Board Member 2 X 0 0 0 Canon Michael Wright Board Member 2 X 0 0 0 Charles G vonRosenberg Board Member 2 X 0 0 0 Chris Cone Board Member 2 X 0 0 0 Chris Sturgeon Board Member 2 X 0 0 0 Cynthia Hill Board Member 2 X 0 0 0 Dabney T Smith Board Member 2 X 0 0 0 David Elliott III Board Member 2 X 0 0 0 David Juge Board Member 2 X 0 0 0 David Mitchell Reed Board Member 2 X 0 0 0 Deborah Thomas Board Member 2 X 0 0 0 Dena Harrison Board Member 2 X 0 0 0 Dianne Pape Board Member 2 X 0 0 0 Don E Johnson Board Member 2 X 0 0 0 Don Griffis Board Member 2 X 0 0 0 Doris Westfall Board Member 2 X 0 0 0 Drew Broach Board Member 2 X 0 0 0 Ed Harold Board Member 2 X 0 0 0 Edward Dudley Colhoun IV Board Member 2 X 0 0 0 Eric Stevenson Board Member 2 X 0 0 0 Everett Puri Board Member 2 X 0 0 0 Frank B Gummey III Board Member 2 X 0 0 0 G Mark Phillips Board Member 2 X 0 0 0 G Porter Taylor Board Member 2 X 0 0 0 Gary R Lillibridge Board Member 2 X 0 0 0 George Clark Board Member 2 X 0 0 0 George D Young III Board Member 2 X 0 0 0 George R Sumner Board Member 2 X 0 0 0 George Wayne Smith Board Member 2 X 0 0 0 George Williamson Board Member 2 X 0 0 0 Gerald L Smith Board Member 2 X 0 0 0 Gilda Hurst Board Member 2 X 0 0 0 Gregory A Hearing Board Member 2 X 0 0 0 Gregory O Brewer Board Member 2 X 0 0 0 H E Miller Board Member 2 X 0 0 0 Holly Alves Board Member 2 X 0 0 0 Howard Glen Castleberry Board Member 2 X 0 0 0 J Scott Mayer Board Member 2 X 0 0 0 J Thomas Sutton Board Member 2 X 0 0 0 Jack Lauless Board Member 2 X 0 0 0 Jacob W Owensby Board Member 2 X 0 0 0 James Bradford Board Member 2 X 0 0 0 James Dorn Board Member 2 X 0 0 0 James P Wilson III Board Member 2 X 0 0 0 James Russell Kendrick Board Member 2 X 0 0 0 Jane Hart Lewis Board Member 2 X 0 0 0 Jane Whitt Sellers Board Member 2 X 0 0 0 Jeff W Fisher Board Member 2 X 0 0 0 Jeffrey Marshall Board Member 2 X 0 0 0 Jim McDonald Board Member 2 X 0 0 0 Jim Nance Board Member 2 X 0 0 0 Joanna Campbell Board Member 2 X 0 0 0 Joe Porter Board Member 2 X 0 0 0 John C Bauerschmidt Board Member 2 X 0 0 0 John H Riggin Board Member 2 X 0 0 0 John Hill Board Member 2 X 0 0 0 John McKee Sloan Board Member 2 X 0 0 0 John O Haroldson Board Member 2 X 0 0 0 Joshua Bowron Board Member 2 X 0 0 0 Julie Elizabeth Curd Board Member 2 X 0 0 0 Karen O Patterson Board Member 2 X 0 0 0 Keith B Whitmore Board Member 2 X 0 0 0 Kemper Williams Brown Board Member 2 X 0 0 0 Kirby Colson Board Member 2 X 0 0 0 Larry R Benfield Board Member 2 X 0 0 0 Lawrence Britt Board Member 2 X 0 0 0 Lee Phillips Board Member 2 X 0 0 0 Leslie Newman Board Member 2 X 0 0 0 Lucius Anderson Board Member 2 X 0 0 0 M Jane Eaves Board Member 2 X 0 0 0 Malcolm Jopling Board Member 2 X 0 0 0 Mark Lawrence Board Member 2 X 0 0 0 Mark Richard Board Member 2 X 0 0 0 Michael Carlisle Board Member 2 X 0 0 0 Michael Farr Board Member 2 X 0 0 0 Michael Hoffman Board Member 2 X 0 0 0 Michael Payne Board Member 2 X 0 0 0 Michael R Lewis Board Member 2 X 0 0 0 Mildred Lee Tanner Board Member 2 X 0 0 0 Nancy Pile-Laney Board Member 2 X 0 0 0 Nathan Speck-Ewer Board Member 2 X 0 0 0 Norman Jetmundsen Board Member 2 X 0 0 0 Orrin Harrison III Board Member 2 X 0 0 0 Pamela Jordan Anderson Board Member 2 X 0 0 0 Parker Bauer Board Member 2 X 0 0 0 Paul D Martin Board Member 2 X 0 0 0 Paul E Lambert Board Member 2 X 0 0 0 Peter Eaton Board Member 2 X 0 0 0 Philip C Earhart Board Member 2 X 0 0 0 Polly Robb Board Member 2 X 0 0 0 Ralph Howe Board Member 2 X 0 0 0 Rick Ball Board Member 2 X 0 0 0 Robert Alves Board Member 2 X 0 0 0 Robert C Wright Board Member 2 X 0 0 0 Robert F Pace Board Member 2 X 0 0 0 Robert Holloway Moore Board Member 2 X 0 0 0 Robert L Brown Board Member 2 X 0 0 0 Robert Leopold Board Member 2 X 0 0 0 Robert Skirving Board Member 2 X 0 0 0 Roe Buckley Board Member 2 X 0 0 0 Sally Cassady Lyon Board Member 2 X 0 0 0 Sandra Pratt Wilkins Board Member 2 X 0 0 0 Santosh Marray Board Member 2 X 0 0 0 Scott A Benhase Board Member 2 X 0 0 0 Scott Davis Board Member 2 X 0 0 0 Seth Hinkley Board Member 2 X 0 0 0 Sharon L Hiers Board Member 2 X 0 0 0 Sherri Glaser Board Member 2 X 0 0 0 Steve Lawrence Board Member 2 X 0 0 0 Suzanne Dansby Board Member 2 X 0 0 0 Suzanne Meyers Board Member 2 X 0 0 0 Ted Clarkson Board Member 2 X 0 0 0 Terry Allen White Board Member 2 X 0 0 0 Terry Jefferson Board Member 2 X 0 0 0 Troy Eichenberger Board Member 2 X 0 0 0 Val Crumpton Board Member 2 X 0 0 0 W A Stringer Board Member 2 X 0 0 0 Whitney Robinson Board Member 2 X 0 0 0 Wil Keith Board Member 2 X 0 0 0 William C Treadwell Board Member 2 X 0 0 0 William Campbell Board Member 2 X 0 0 0 William Porcher DuBose III Board Member 2 X 0 0 0 William R Bruce Board Member 2 X 0 0 0 William S Murray IV Board Member 2 X 0 0 0 William W Summerour Board Member 2 X 0 0 0 Claire Brickson Board Member 2 X 0 0 0 Aelred Dean Board Member 2 X 0 0 0 Sylar Holmes Board Member 2 X 0 0 0 Anne Gray Thornburg Board Member 2 X 0 0 0 Ann Patterson Willett Board Member 2 X 0 0 0 Christopher K Hehmeyer Board Member 2 X 0 0 0 Dabney Tyler Smith Board Member 2 X 0 0 0 Daniel Duncan Boeckman Board Member 2 X 0 0 0 Dr Nancee Lea Martin Board Member 2 X 0 0 0 Gary R Lillibridge Board Member 2 X 0 0 0 John L Ford Board Member 2 X 0 0 0 Joseph B DeLozier III Board Member 2 X 0 0 0 Katherine J Nielsen Board Member 2 X 0 0 0 Kimberly Dupree Belk Board Member 2 X 0 0 0 Lee Muller Thomas Board Member 2 X 0 0 0 Margaret Mankin Barton Board Member 2 X 0 0 0 Margaret P McLarty Board Member 2 X 0 0 0 Michael R Sullivan Board Member 2 X 0 0 0 Montague L Boyd III Board Member 2 X 0 0 0 Morris K Thompson Board Member 2 X 0 0 0 Reid Thomas Funston Board Member 2 X 0 0 0 Samuel Johnson Howard Board Member 2 X 0 0 0 Benjamin J Anthony Board Member 40 X 52171 0 473 Robert Bachman Board Member 40 X 94352 0 928 Virginia Craighill Board Member 40 X 72282 0 601 Rob MacSwain Board Member 40 X 0 0 0 Chris McDonough Board Member 40 X 94698 0 3315 S Dixon Myers Board Member 40 X 68687 0 611 Nickie Peardon Board Member 40 X 0 0 0 John M McCardell Jr Vice-Chancellor/President 40 X 544173 0 23238 John Swallow Provost 40 X 277442 0 20173 Terry Papillon Dean of the College 40 X 193504 0 1672 Jay Fisher VP of Advancement 40 X 181751 0 9252 Donna Pierce Legal Counsel 40 X 182626 0 25562 Earl Williams Treasurer 40 X 181318 0 21556 Lee Ann Backlund Dean of Admission 40 X 174871 0 25531 Neil Alexander Dean of School of Theology 40 X 157772 0 1616 William Gentry Dean of Students 40 X 199568 0 1665 Francis Gladu Special Assistant 40 X 174286 0 24516 Eugene Prunty Professor 40 X 191644 0 25629 Nancy Berner Vice Provost 40 X 170960 0 1516 Yasmeen Mojiuddin Professor 40 X 167843 0 25423 Joel Cunningham Professor 40 X 150158 0 4367 Vicki Sells Assoc Provost IT 40 X 147938 0 16330 3478044 0 233974 64 0 1 0 Blue Oak Projects PO Box 890 Winchester TN 37398 Construction 712032 Ruffalo Noel Levitz PO Box 718 Des Moines IA 50303 Research Data Analytics 385031 Edgehill Endowment Partners 205 Whitney Avenue Suite 201 New Haven CT 06511 Endowment Management 769641 Wier Boerner Allin Architecture 2727 Old Canton Road Suite 200 Jackson MS 39216 Architecture Design 283823 Natural Bridge Events PO Box 852 Sewanee TN 37375 Catering 266384 14 0 0 0 0 178182 20777691 2767993 20955873 Tuition and Fees 611310 75651999 75651999 0 0 Auxiliary Sales and Services 611310 28562874 28562874 0 0 Education Sales and Services 611310 1539887 1539887 0 0 1672145 1672145 0 0 107426905 19653846 0 98183 19555663 1345 0 0 1345 1818095 0 0 1818095 0 0 362324008 0 341453851 0 20870157 0 20870157 0 0 20870157 0 0 170726221 107426905 98183 42245260 0 0 29313407 29313407 1187130 1187130 0 0 2781612 571021 1983086 227505 0 0 0 0 42083826 33720271 5905063 2458492 3746146 2860750 652845 232551 7935767 6060161 1382974 492632 2901352 2215622 505621 180109 209020 79864 129036 120 66983 66983 2881397 2881397 9961959 8475624 875053 611282 2135973 1656195 336756 143022 1728850 1645566 -45515 128799 1047418 298856 736050 12512 31081 30581 500 1253164 1007791 134834 110539 2121518 1790984 174028 156506 833882 685221 91157 57504 2703426 2703571 -145 6325268 5544268 781000 697190 80355 611580 5255 Food 4822112 3947464 532033 342615 Equipment Rental/Maintenance 621585 456849 138530 26206 Utilities 2494619 2448729 45890 0 Renewals and Replacement 1787441 1154614 584267 48560 1859486 1153907 429033 276546 133531612 109088801 18932056 5510755 3381484 2482631 272788326 60193505 23706817 26945013 2388460 536273 0 0 293418 203595 467275 456900 806127 962696 296858999 95665511 198861585 201193488 26325846 94960469 96747907 272639691 2334480 2150646 4717582 4404101 23447652 24633144 656266959 691762152 15083680 11468903 1046591 703528 78131984 77746224 6911097 6558280 101173352 96476935 X 219551463 238655994 178462872 192995697 157079272 163633526 555093607 595285217 656266959 691762152 37194609 2997001 0 0 0 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 2 3208 0 0 0 1 1 450 10500 1 0 0 X X X 0 357773319 14105503 42908044 9099003 10681439 0 395006424 377821984 7400502 -7943606 8972559 10533002 0 357773319 374301967 10710941 9749367 7806830 9133461 0 377821984 336524119 5039090 47073055 6142028 8192269 0 374301967 318951183 8617720 22614726 5853531 7805979 0 336524119 0.23 0.39 0.38 1 0 0 18859335 18859335 196779 215211277 60027944 155380112 0 0 0 0 0 44377576 35637567 8740009 0 18214032 0 18214032 201193488 Hedge Funds 210299129 F Private Equity 61716269 F Equities 624293 F 272639691 0 Refundable Government Advances (Perkins) 2418463 Postretirement benefit liability 4139817 6558280 X 143003113 2777429 0 0 -30500537 -27723108 170726221 0 0 0 170726221 102811503 0 0 0 -219572 -219572 103031075 0 30500537 30500537 133531612 Schedule D, Part II, Line 5 THE LAND TRUST MONITORS EACH PROPERTY AT LEAST ANNUALLY TO ENSURE THAT THE TERMS OF THE EASEMENT ARE BEING MET. Schedule D, Part II, Line 9 CONSERVATION EASEMENT(S) ARE NOT REFLECTED IN THE BALANCE SHEET; INCIDENTAL EXPENSES REFERENCED IN SCHEDULE D PART II, LINE 7 FLOW THROUGH ON THE STATEMENT OF ACTIVITIES. Schedule D, Part III, Line 1 THE UNIVERSITY DOES NOT INCLUDE EITHER THE COST OR THE VALUE OF ITS COLLECTIONS ON THE STATEMENT OF FINANCIAL POSITION, NOR DOES IT RECOGNIZE GIFTS OF COLLECTION ITEMS AS REVENUES IN THE STATEMENT OF ACTIVITIES. THE PROCEEDS FROM ITEMS DISPOSED OF ARE REPORTED AS INCREASES IN THE APPROPRIATE CLASS OF NET ASSETS IN THE STATEMENT OF ACTIVITIES. CONTRIBUTED WORKS OF ART, HISTORICAL TREASURES, AND SIMILAR ASSETS THAT ARE NOT ADDED TO COLLECTIONS ARE REPORTED AS ASSETS HELD FOR SALE ON THE STATEMENTS OF FINANCIAL POSITION AT THEIR FAIR MARKET VALUES AT THE DATE OF THE GIFT. Schedule D, Part III, Line 4 THE UNIVERSITY COLLECTS WORKS OF ART, HISTORICAL TREASURES, AND SIMILAR ASSETS WHICH REFLECT THE HISTORY OF THE INSTITUTION AND/OR SUPPORT ITS EDUCATIONAL PURPOSE. THE COLLECTIONS ARE MAINTAINED FOR PUBLIC EXHIBITION, EDUCATION AND RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FOR FINANCIAL GAIN. COLLECTIONS ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR, AND PRESERVED. AS A MATTER OF POLICY, THE PROCEEDS OF ITEMS IN COLLECTIONS THAT ARE SOLD ARE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. Schedule D, Part V, Line 4 ENDOWMENT FUNDS ARE HELD IN PERPETUITY AND THE EARNINGS ARE USED FOR PURPOSES DESIGNATED BY DONORS IN GIFT AGREEMENTS. THESE PURPOSES INCLUDE, BUT ARE NOT LIMITED TO: STUDENT FINANCIAL AID, INTERNSHIPS, FACULTY SUPPORT, FACILITIES, MAINTENANCE, AND OPERATIONS. BOARD-DESIGNATED ENDOWMENT FUNDS ARE UNRESTRICTED FUNDS EARMARKED BY THE BOARD TO BE TREATED AS AN ENDOWMENT. EARNINGS ARE AVAILABLE FOR GENERAL OPERATIONS OR CERTAIN SPECIFIC PURPOSES. Schedule D, Part X, Line 2 THE UNIVERSITY ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A MORE LIKELY THAN NOT THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ALL UNCERTAIN TAX POSITIONS. TAX POSITIONS FOR THE UNIVERSITY INCLUDE, BUT ARE NOT LIMITED TO, THE TAX EXEMPT STATUS AND DETERMINATION OF WHETHER INCOME IS SUBJECT TO UNRELATED BUSINESS INCOME TAX; HOWEVER, THE UNIVERSITY HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. Schedule D, Part XI, Line 2d Scholarships - Contra Revenue $40,500,537. Schedule D, Part XII, Line 2d Change in value from split-interest agreement $219,572. Schedule D, Part XII, Line 4b Scholarships - Contra Revenue $30,500,537. 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 UNIVERSITY DRAWS A LARGE PERCENTAGE OF ITS STUDENTS FROM A LARGE GEOGRAPHIC SECTION. THE UNIVERSITY FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AND INCLUDES APPROPRIATE STATEMENTS IN ITS RECRUITING, ADMISSIONS, AND SCHOLARSHIP BROCHURES AND CATALOGS. Schedule E, Part I, Line 6 FUNDS FOR FINANCIAL AID TO STUDENTS ARE RECEIVED FROM THE U.S. DEPARTMENT OF EDUCATION FOR WORK STUDY, SUPPLEMENTAL EDUCATION OPPORTUNITY GRANTS, AND PELL GRANTS. PERKINS LOANS CONTINUE TO BE DISBURSED FROM THE REVOLVING LOAN FUND. FEDERAL DIRECT LOAN PROCEEDS ARE RECEIVED FROM THE U.S. DEPARTMENT OF EDUCATION AND CREDITED TO STUDENTS' ACCOUNTS RECEIVABLE. 1 Central America and the Caribbean 0 0 Investments 113060439 Europe (including Iceland and Greenland) 0 6 Program Services Study Abroad 841861 East Asia and the Pacific 0 3 Program Services Study Abroad 128722 Middle East and North Africa 0 0 Program Services Study Abroad 12500 South Asia 0 2 Program Services Study Abroad 57901 Central America and the Caribbean 0 0 Program Services Study Abroad 35664 Middle East and North Africa Grantmaking 43400 North America (including Canada and Mexico, but not the United States) Grantmaking 38100 South Asia Grantmaking 73000 Sub-Saharan Africa Grantmaking 96276 Central America and the Caribbean Grantmaking 39700 East Asia and the Pacific Grantmaking 281514 Europe (including Iceland and Greenland) Grantmaking 572740 Russia and the newly independent States Grantmaking 42400 0 11 115324217 Scholarships Middle East and North Africa 4 0 43400 Scholarship credited to Students' accounts. FMV Scholarships North America (including Canada and Mexico, but not the United States) 4 0 38100 Scholarship credited to Students' accounts. FMV Scholarships South Asia 6 0 73000 Scholarship credited to Students' accounts. FMV Scholarships Sub-Saharan Africa 21 0 96276 Scholarship credited to Students' accounts. FMV Scholarship Central America and the Caribbean 6 0 39700 Scholarship credited to Students' accounts. FMV Scholarship East Asia and the Pacific 43 0 281514 Scholarship credited to Students' accounts. FMV Scholarship Europe (including Iceland and Greenland) 67 0 572740 Scholarship credited to Students' accounts. FMV Scholarship Russia and the newly independent States 3 0 42400 Scholarship credited to Students' accounts. FMV 1 0 1 1 1 0 Schedule F, Part I, Line 2 SCHOLARSHIP AWARDS ARE CREDITED TO THE STUDENTS' ACCOUNTS RECEIVABLE AT THE UNIVERSITY OF THE SOUTH. CREDIT IS APPLIED DIRECTLY AGAINST TUITION AND FEES CHARGED TO THE STUDENT FOR SUMMER ABROAD PROGRAMS AND ONE SEMESTER ABROAD PROGRAM. Schedule F, Part I, Line 3 Investments in Central America and the Caribbean are valued at the End of Year Market Value. The value for Study Abroad programs were valued based on the actual cost of expenditures to support these programs. 1 Scholarships to students enrolled at the University of the South 1622 0 29857990 Value of Scholarship awarded. Students' account is credited by the value of the scholarship awarded. Schedule I, Part I, Line 2 MERIT BASED SCHOLARSHIPS AND NEED BASED SCHOLARSHIPS AWARDED TO ENROLLED STUDENTS ARE CREDITED TO STUDENTS' ACCOUNT TO COVER TUITION AND FEES. GRADE REPORTS ARE GENERATED FOR EACH TERM AND EACH INDIVIDUAL STUDENT IS REVIEWED TO INSURE THEY ARE MAKING SATISFACTORY ACADEMIC PROGRESS TO MAINTAIN THEIR GRANT OR SCHOLARSHIP FUNDING. NOTIFICATIONS ARE SENT BY THE DEAN OF THE COLLEGE TO ALERT DEPARTMENTS OF WITHDRAWALS. ALSO, FINANCIAL AID RUNS ENROLLMENT REPORTS EACH TERM TO CHECK THE NUMBER OF CREDIT HRS FOR EACH STUDENT. THIRD PARTY SOFTWARE IS ALSO CODED TO PREVENT THE CREDIT OF FUNDS TO A STUDENT WITHOUT ENROLLED HOURS. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 John M McCardell Jr Vice-Chancellor/President 525411 0 0 0 18762 0 39750 0 64183 0 648106 0 0 0 John Swallow Provost 277352 0 0 0 90 0 25625 0 20762 0 323829 0 0 0 Terry Papillon Dean of the College 193246 0 0 0 258 0 20350 0 13651 0 227505 0 0 0 Jay Fisher VP of Advancement 181493 0 0 0 258 0 19225 0 46217 0 247193 0 0 0 Donna Pierce Legal Counsel 182230 0 0 0 396 0 18650 0 30428 0 231704 0 0 0 Earl Williams Treasurer 181060 0 0 0 258 0 18600 0 26422 0 226340 0 0 0 Lee Ann Backlund Dean of Admission 174475 0 0 0 396 0 18225 0 34387 0 227483 0 0 0 Neil Alexander Dean of School of Theology 156980 0 0 0 792 0 34992 0 5882 0 198646 0 0 0 William Gentry Dean of Students 199430 0 0 0 138 0 20250 0 5931 0 225749 0 0 0 Francis Gladu Special Assistant 173890 0 0 0 396 0 18000 0 32771 0 225057 0 0 0 Eugene Prunty Professor 190943 0 0 0 701 0 29483 0 34475 0 255602 0 0 0 Nancy Berner Vice Provost 170822 0 0 0 138 0 27000 0 24395 0 222355 0 0 0 Yasmeen Mojiuddin Professor 167250 0 0 0 593 0 16929 0 34216 0 218988 0 0 0 Joel Cunningham Professor 149429 0 0 0 729 0 23700 0 13173 0 187031 0 0 0 Vicki Sells Assoc Provost IT 147542 0 0 0 396 0 15150 0 21196 0 184284 0 0 0 Schedule J, Part I, Line 1a THE UNIVERSITY PROVIDES HOUSING AND CERTAIN CUSTODIAL SERVICES FOR THE VICE CHANCELLOR AS A CONDITION OF EMPLOYMENT SO THAT HE CAN PERFORM ESSENTIAL UNIVERSITY BUSINESS AND ACTIVITIES AT THE HOME. THE PORTION OF THE STRUCTURE ALLOCATED TO THE PERSONAL LIVING QUARTERS AND THE RELATED SERVICES FOR SUCH QUARTERS ARE INCLUDED IN HIS NON-TAXABLE BENEFITS REPORTED ON SCHEDULE J PART II, COLUMN (D). A Franklin Co Health and Education Facilities Board 521282324 353325DG5 2012-11-08 41051769 Dorm Renovation and New Dorm Construction 0 0 0 B Franklin Co Health and Education Facilities Board 521282324 353325DH3 2014-09-01 27321337 Redemption of Prior Bonds and Deferred Maintenance 0 0 0 C Franklin Co Health and Education Facilities Board 521282324 353325ED1 2015-04-01 7031896 Dormitory Constuctions 0 0 0 D Franklin Co Health and Education Facilities Board 521282324 2016-07-21 3000000 Dorm Renovation 0 0 0 A 2020000 0 41051769 0 0 0 298972 0 0 38112311 2939458 0 2016 1 1 1 1 B 1825000 0 27321337 0 0 0 128250 0 0 13772225 12956842 467249 2016 1 1 0 1 C 0 0 7031896 0 0 0 91535 0 0 7031896 0 0 2016 1 1 1 1 D 139219 0 3000000 0 0 0 0 0 0 3000000 0 0 2017 0 0 1 1 A 0 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 0 1 C 0 0 0 0 0 0 0 0 0 1 D 0 0 0 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 D 0 0 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 Schedule K, Part IV, Line 2c-11/08/2012 41,051,769 Franklin Co Health and Education Facilities Board Bonds are to be spent within 18 months of issue. Schedule K, Part IV, Line 2c-09/01/2014 27,321,337 Franklin Co Health and Education Facilities Board Bonds are to be spent within 18 months of issue. Schedule K, Part IV, Line 2c-04/01/2015 7,031,896 Franklin Co Health and Education Facilities Board Bonds are to be spent within 18 months of issue. Various Board and Others 50584 Merit Based Room, Board, Tuition Assistance Various Board and Other 81671 Need Based Room, Board, Tuition Assistance X 12 0 No revenue recorded X 0 No revenue recorded X 150 2492690 Quoted Price X 2 275303 Real Estate X Horse 3 0 No revenue recorded. 0 1 0 Schedule M, Part I, Line 33 Revenues are not recognized for non-cash contributions (gifts-in-kind) when the related asset is not recognized on the balance sheet. Form 990, Part VI, Section A, Line 7a The dioceses elect or appoint lay trustees. Form 990, Part VI, Section A, Line 7b THE BOARD OF TRUSTEES HAS DESIGNATED THE BOARD OF REGENTS AS THE EXECUTIVE BODY OF THE UNIVERSITY. THE BOARD OF REGENTS IS VESTED WITH ALL POWERS AND AUTHORITY GRANTED IN THE UNIVERSITY'S CHARTER, EXCEPT SUCH POWERS EXPRESSLY RESERVED BY THE BOARD OF TRUSTEES. Form 990, Part VI, Section B, Line 11b THE AUDIT COMMITTEE OF THE BOARD OF REGENTS REVIEWS THE 990 IN DETAIL BEFORE SUBMISSION. THE BOARD OF REGENTS IS PROVIDED A COPY AT THE FIRST MEETING FOLLOWING SUBMISSION. Form 990, Part VI, Section B, Line 12c IN ACCORDANCE WITH THE UNIVERSITY'S CONFLICT OF INTEREST POLICY, THE POLICY AND CONFLICT DISCLOSURE FORMS SHALL BE CIRCULATED ANNUALLY BY MEMBERS OF THE EXECUTIVE OFFICE'S STAFF TO TRUSTEES, REGENTS, OFFICERS, AND OTHERS DESIGNATED BY THE VICE CHANCELLOR. THE COMPLETED DISCLOSURE FORMS SHALL BE REVIEWED BY LEGAL COUNSEL OR HER/HIS DESIGNEE FOR THE PURPOSES OF MONITORING COMPLIANCE WITH THE POLICY AND DETERMINING WHAT ACTION, IF ANY, IS NEEDED REGARDING DISCLOSED CONFLICTS. Form 990, Part VI, Section B, Line 15 THE CHAIR OF THE BOARD OF REGENTS, IN CONSULTATION WITH THE EXECUTIVE COMMITTEE (WHICH ALSO ACTS AS THE COMPENSATION COMMITTEE) OF THE BOARD, REQUESTS AND RECEIVES COMPENSATION DATA FROM HUMAN RESOURCES WHEN THE BOARD IS CONSIDERING A CHANGE IN COMPENSATION. THE CHAIR INFORMS HR VIA LETTER OR EMAIL OF EACH YEAR'S COMPENSATION EVEN IF THERE IS NO CHANGE IN RATE. WHEN A CHANGE IN PAY IS CONSIDERED, SALARY SURVEYS PROVIDED BY CUPA AND SALARY INFORMATION FROM COMPARABLE INSTITUTIONS ARE USED. THE EXECUTIVE COMMITTEE SHALL REVIEW COMPENSATION POLICIES AND PRACTICES TO ENSURE THAT COMPENSATION OF THE UNIVERSITY'S OFFICERS AND KEY EMPLOYEES SUPPORTS AND ENHANCES UNIVERSITY'S PURPOSE AND MISSION AND ATTRACTS AND RETAINS KEY EXECUTIVES. EXECUTIVE COMPENSATION SHOULD BE REASONABLE AND COMPETITIVE, REFLECT THE INDIVIDUAL'S EXPERIENCE, SKILLS, EDUCATION AND PERFORMANCE, AND GENERALLY CONSISTENT WITH RELEVANT SURVEY DATA FROM COMPARABLE INSTITUTIONS FOR FUNCTIONALLY COMPARABLE POSITIONS. TOTAL EXECUTIVE COMPENSATION IS DESIGNED TO BE FLEXIBLE IN ORDER TO ATTRACT HIGH CALIBER INDIVIDUALS, REWARD ACCOMPLISHMENTS, AND BALANCE THE NEED TO BE COMPETITIVE WITH AVAILABLE RESOURCES. Form 990, Part VI, Section C, Line 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. GOVERNING DOCUMENTS ARE ALSO AVAILABLE AT: HTTP://ABOUT.SEWANEE.EDU/TRUSTEES/DOCUMENTS. Extension filed and approved for May, 2018.