2018-05-14T18:44:38-07:00 2017-06-30 990 2016-07-01 910565553 SEATTLE PACIFIC UNIVERSITY SEAT 2062812066 3307 THIRD AVE W SEATTLE WA 981191997 Craig Kispert VP for Business and Finance 2062812066 2018-05-14 2016 2022-09-23 18:48:47Z Daniel J Martin 3307 Third Ave W Seattle WA 981191997 179003455 0 X WWW.SPU.EDU X 1891 WA Seattle Pacific University is a Christian university fully committed to engaging the culture and changing the world by graduating people of competence and character, becoming people of wisdom, and modeling grace-filled community. 18 13 2533 190 208376 -43421 8362910 15820056 155473490 159090406 1978810 2535578 513997 373855 166329207 177819895 55045102 59107241 0 0 65972552 66423424 0 0 2998200 40854364 40357303 161872018 165887968 4457189 11931927 295922521 313352646 111996115 103278832 183926406 210073814 Seattle Pacific University is a Christian university fully committed to engaging the culture and changing the world by graduating people of competence and character, becoming people of wisdom, and modeling grace-filled community. 0 0 113465879 59096608 137441665 Higher Education: The academic program serves 3,800 undergraduate and graduate students at its main Seattle campus, as well as 1,900 students per year online and in continuing education centers across Washington State. The University offers 66 undergraduate majors and 52 minors carried out through the College of Arts and Sciences and the schools of Business, Government and Economics; Education; Health Sciences; Theology; and Psychology, Family, and Community. Graduate studies include 29 master's degrees and six doctoral programs. 21889673 10633 2568586 Student Services, Constituency and Other Programs: The University provides activities and services to 3,800 students in co-curricular and support programs while engaged in their academic activities. The University also provides programs for more than 44,099 alumni to keep them engaged and involved with the University for years to come. 15561768 0 16204128 Student Housing and Dining: Housing services are provided for 1,570 students and 1,261 students take part in the University meal plans annually. 2802410 0 2876027 Public Service: The University operates a conference services program at its Seattle campus and at its 77 acre campus on Whidbey Island, known as "Camp Casey Conference Center". This center provides opportunities for students to further their studies in biological sciences and other disciplines, as well as providing a facility for diverse groups of nonprofit organizations to build community and provide educational opportunities for their constituents. The center offers all these groups a place to reflect, excel, discover and grow. This year there were 391 groups that utilized these facilities. 0 0 3000 Gain on sale of assets other than inventory. These assets had been used for the University's exempt purpose. 2802410 0 2879027 153719730 1 1 0 0 0 0 1 0 0 1 1 1 0 0 1 1 0 1 1 0 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 1 1 1 1 0 0 0 1 0 0 0 1 11809 0 1 2533 1 1 1 0 0 0 0 1 1 0 0 0 0 X 18 13 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 WA X Craig Kispert-VP Business-Finance 2062812222 3307 Third Ave W Seatle WA 981191997 X Douglas D Backous Board Chairman 4 0 X X 0 0 0 Tina A Chang Board Member 1 0 X 0 0 0 Kathleen Cummins Board Member 1 0 X 0 0 0 Cedric L Davis Board Member 1 0 X 0 0 0 Ken Dixon Board Member 1 0 X 0 0 0 Becky A Gilliam Board Secretary 4 0 X X 0 0 0 Dean A Kato Board Member 1 0 X 0 0 0 Mark H Mason Board Member 1 0 X 0 0 0 Pete C Menjares Board Member 1 0 X 0 0 0 Daryl Miller Board Treasurer 4 3 X X 0 0 0 Mike S Quinn Board Member 1 0 X 0 0 0 Leslie C Ruiter Board Member 1 0 X 0 0 0 Richard E Stearns Board Member 1 0 X 0 0 0 Bradley P Thoreson Board Member 1 0 X 0 0 0 Dennis M Weibling Board Member 1 3 X 0 0 0 Matthew H Whitehead Board Vice Chair 4 0 X X 0 0 0 Deborah J Wilds Board Member 1 0 X 0 0 0 Daniel Martin President 50 0 X X 371340 0 188711 Craig Kispert VP Business and Finance 50 0 X 225568 0 68774 Jeffrey Van Duzer Provost 50 0 X 256886 0 49225 Donald Mortenson Senior VP Planning and Administration 45 5 X 275052 0 43910 Louise Furrow VP for University Advancement 50 0 X 184524 0 32271 Nate Mouttet VP for Enrollment Management and Marketing 50 0 X 172320 0 18759 Jeffrey Jordan VP for Student Life 50 0 X 160146 0 41536 Ross Stewart Dean 40 0 X 185552 0 31661 Debra Sequeira Dean 40 0 X 171105 0 29920 Lori Wild Dean 40 0 X 162451 0 28970 Bruce Congdon Dean 40 0 X 159765 0 32319 Dirk Eigenbrood Dean 40 0 X 159249 0 31092 Thomas Box Athletics Director - Former Key Employee 40 0 X 127701 0 27835 2611659 0 624983 64 1 1 0 Sodexo Inc & Affiliates Dept 880328 Los Angeles CA 900880001 Food Services 5226960 Hermanson Company LLP 1221 2nd Ave N Kent WA 980322945 Construction 1233346 Kane Environmental 3815 Woodland Park Ave N Ste 102 Seattle WA 98103 Remediation 990306 Arcon Tenant Improvement 5150 Village Park Dr SE Ste 107 Bellevue WA 98006 Construction 747937 Synergy Building Services 2559 152nd Ave NE Redmond WA 980525549 Janitorial Services 600176 24 83906 0 48092 5037596 2362906 8287556 316440 15820056 Tuition and Fees 611310 137441665 137441665 0 0 Student Housing and Dining 611310 16204128 16204128 0 0 Public Service Activities 611310 2876027 2876027 0 0 Seminars and Events 611310 486184 486184 0 0 Other Sales And Services 611310 786290 786290 0 0 1296112 683872 0 612240 159090406 2536335 0 0 2536335 0 0 0 0 0 0 0 0 687923 0 533073 0 154850 0 154850 0 0 154850 567928 3000 571685 0 -3757 3000 -757 3000 0 -3757 89431 48092 78802 10629 0 10629 0 0 0 0 0 0 0 0 0 0 0 0 Accommodation 721000 208376 0 208376 0 0 0 0 0 208376 177819895 158481166 208376 3310297 750 750 59057311 59057311 49180 49180 0 0 2028814 803129 873781 351904 286013 225475 60538 0 49120369 44119458 3555921 1444990 3218850 2898446 230872 89532 7992584 7115464 619391 257729 3776794 3296008 347843 132943 0 0 0 0 268781 83519 181436 3826 132065 0 132065 0 0 0 0 0 0 0 653402 0 653402 0 8771971 8400060 281644 90267 425818 417217 6848 1753 4744627 3861856 674077 208694 1631379 1439794 125887 65698 11550 7984 3517 49 10901589 10641673 127912 132004 3414112 2995323 381113 37676 0 0 0 0 229878 194990 28825 6063 0 0 0 0 0 0 0 0 8033585 7456420 414091 163074 420147 118528 301619 0 718399 537145 169256 11998 165887968 153719730 9170038 2998200 19398237 24503428 22374 36949 2713289 2229727 6308381 6203095 0 0 0 0 8814542 8366900 326387 313080 1402810 1073212 229271066 77598995 154620740 151672071 110758 0 102205003 118954184 295922521 313352646 12659375 11833137 0 0 5148639 5016412 75220000 70692236 18968101 15737047 111996115 103278832 X 120181053 136750344 24353851 32028521 39391502 41294949 183926406 210073814 295922521 313352646 X 11931927 14215481 0 0 0 0 X 0 1 X 1 1 1 X 7607017 9149098 16581530 8362910 15820056 57520611 0 0 0 0 0 0 0 0 0 0 0 0 7607017 9149098 16581530 8362910 15820056 57520611 9825323 47695288 1559899 2583234 2502287 2633664 3224258 12503342 0 0 0 3834 0 3834 0 0 0 0 0 0 70027787 753925756 0.68109 0.69618 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 1 3000 0 0 0 1 0 1 0 1 81042036 10052946 12299003 2019437 989305 653402 99731841 78548443 2584538 3341074 1860251 981067 590701 81042036 69624968 3098044 9098727 1767090 915424 590782 78548443 58724555 3529626 10113649 1654868 520265 567729 69624968 45782149 10901686 4636074 1569734 504542 521078 58724555 0.39 0.38 0.23 0 1 1 12250703 22685089 34935792 4029476 168843878 64866006 108007348 0 0 0 0 0 9517169 4360578 5156591 0 11944751 8372411 3572340 151672071 Pooled investments-cash & short-term 9640909 F Pooled investments-stock institutional funds 47067907 F Pooled investments-bond institutional funds 80372 F Pooled investments-marketable alternative institutional funds 250704 F Pooled investments-private equity funds 16192211 F Pooled investments-notes receivable 10543594 F Pooled investments-real estate 27263321 F Institutional funds-charitable gift annuity reserve 1439738 F Split interest agreements held by others 6475428 F 118954184 Governmental student loan programs 7536206 Fair value of interest rate swaps 4999532 Student deposits and prepaid fees 1660616 Asset retirement obligation (present value) 1036836 Trust and annuity obligations (present value) 466502 Miscellaneous liabilities 37355 15737047 X 129579431 14215481 0 0 -57346615 -43131134 172710565 653402 4455928 5109330 177819895 107293221 0 0 0 1183406 1183406 106109815 653402 59124751 59778153 165887968 Schedule D, Part II, Line 9 The University holds an open space conservation easement on a small island in the Puget Sound of Washington. This easement is observed several times a year since it has no activity. The University does not disclose this on its financial statements. Schedule D, Part V, Line 4 The University's endowments consist of funds established for a variety of purposes. These endowments include both donor restricted endowment funds and funds designated by the Board of Trustees to function as endowments. Distributions from endowments are used primarily to provide scholarship resources for students enrolled at SPU. Distributions are made per any applicable donor instructions in the endowment agreements. Schedule D, Part X, Line 2 The University and the Foundation are exempt from federal income taxes pursuant to Section 501(c)(3) of the Internal Revenue Code except for unrelated business taxable income as defined in sections 511 through 515 of the Internal Revenue Code. Accordingly, the financial statements do not include a provision for federal income tax. Schedule D, Part XI, Line 2d Grants and scholarships - (59,225,812); Grant administration cost recovery - 101,061; Seattle Pacific Foundation revenue, including trusts (consolidated in audited financial statements) - 1,778,136. Schedule D, Part XI, Line 4b Rental expense Part VIII6b - (533,073); Fundraising event expense included in Part VIII8b - (48,595); Seattle Pacific Foundation donations, including trusts (consolidated in audited financial statements) - 5,037,596. Schedule D, Part XII, Line 2d Seattle Pacific Foundation expense, including trusts (consolidated in audited financial statements) - 601,738; Rental expense part VIII6b - 533,073; Fundraising event expense included in Part VIII8b - 48,595. Schedule D, Part XII, Line 4b Grants and scholarships - 59,225,812; Grant administration cost recovery - (101,061). 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 SPU claims an exemption from the requirement to publish the University policy publicly (per Rev. Proc. 75-50) as the University draws its students nationally and their records show evidence of the nondiscrimination policy in meaningful numbers. The success of our policy is shown by having 35% or 1086 ethnic minority students in our student body, which constitutes meaningful results in comparison to the ethnic makeup of the Northwest region. Schedule E, Part I, Line 6 The University receives funds from the federal government for research, student loans, grants and work study. The following is a list of the programs funded in part, or in whole, by the federal government: Federal Pell Grant Program, Federal Supplemental Education Opportunity Grant, Federal Work-Study Program, TEACH Grant, Perkins Loan Program, Nursing Student Loan Program, National Institutes of Health Grants, National Science Foundation Grants, and a Department of Defense Grant. 1 Central America and the Caribbean 0 0 Program Services Student study tours and service trips 103939 East Asia and the Pacific 0 0 Program Services Student study tours and service trips 178264 Europe (including Iceland and Greenland) 0 0 Program Services Student study tours 298362 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Student service trip 2268 South America 0 0 Program Services Student study tours 76977 South Asia 0 0 Program Services Student study tours 68682 Sub-Saharan Africa 0 0 Program Services Student study tours 53545 Central America and the Caribbean 0 0 Grantmaking Student financial aid 23840 Europe (including Iceland and Greenland) 0 0 Grantmaking Student financial aid 25340 0 0 831217 Student financial aid posted while studying abroad Central America and the Caribbean 3 0 23840 Financial aid posted to student accounts Book Student financial aid posted while studying abroad Europe (including Iceland and Greenland) 4 0 25340 Financial aid posted to student accounts Book 0 0 0 0 0 0 Schedule F, Part I, Line 2 These are student financial aid grants awarded based on the institution's assessment of the recipient's academic achievement, financial need, and other standards similar to those held by other universities. The student's records are then monitored in order to ensure that the grant requirements are continuing to be met. These disbursements are made in accordance with the exempt purpose for which the institution was organized, and with procedures and conditions established by the university. Golf Tournament 80401 35356 45045 0 25107 20894 0 0 2638 FCS Fundraiser 57113 12727 44386 0 30206 0 0 0 -43 0 137514 48083 89431 0 55313 20894 0 0 2595 78802 10629 1 Institutional Student Scholarships & Grants 3197 0 56189585 Book Credit to student account Federally Funded Student Scholarships & Grants 284 0 900805 Book Credit to student account Privately Funded Student Scholarships & Grants 659 0 1922701 Book Credit to student account Student Academic Achievement or Service Award 51 34337 0 Book Benevolence 3 9883 0 Book Schedule I, Part I, Line 2 Grant disbursements for the institution's exempt programs are made in accordance with the exempt purpose for which the institution was organized, and with procedures and conditions established by the institution's governing board. Student scholarships and grants are awarded based on the institution's assessment of recipient's academic achievement, financial need, and other standards similar to those held by other universities. The student's records are then monitored in order to ensure that the grant requirements are continuing to be met. X X X X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 Daniel Martin President 356822 0 0 0 14518 0 32507 0 156204 0 560051 0 0 0 Craig Kispert VP Business and Finance 224442 0 0 0 1126 0 26842 0 41932 0 294342 0 0 0 Jeffrey Van Duzer Provost 252956 0 0 0 3930 0 31782 0 17443 0 306111 0 0 0 Donald Mortenson Senior VP Planning and Administration 256860 0 0 0 18192 0 31276 0 12634 0 318962 0 0 0 Louise Furrow VP for University Advancement 172330 0 2498 0 9696 0 15387 0 16884 0 216795 0 0 0 Nate Mouttet VP for Enrollment Management and Marketing 171966 0 0 0 354 0 15482 0 3277 0 191079 0 0 0 Jeffrey Jordan VP for Student Life 158688 0 0 0 1458 0 18455 0 23081 0 201682 0 0 0 Ross Stewart Dean 182833 0 0 0 2719 0 19678 0 11983 0 217213 0 0 0 Debra Sequeira Dean 168816 0 0 0 2289 0 18070 0 11850 0 201025 0 0 0 Lori Wild Dean 156084 0 0 0 6367 0 17083 0 11887 0 191421 0 0 0 Bruce Congdon Dean 158049 0 0 0 1716 0 18085 0 14234 0 192084 0 0 0 Dirk Eigenbrood Dean 154944 0 0 0 4305 0 16948 0 14144 0 190341 0 0 0 Thomas Box Athletics Director - Former Key Employee 122956 0 0 0 4745 0 12853 0 14982 0 155536 0 0 0 Schedule J, Part I, Line 1a First Class Travel - Certain University salaried officers and key employees are allowed to fly first class based on work need or physical limitations as approved by their immediate supervisors. Disqualified Persons as defined by IRC 4946 use of first class travel are also approved in advance by the governing board. Travel for Companions - The spouse of the President is allowed to travel with the President as required for business purpose and specifically approved by the board chair. Housing Allowance - The President is required, as a condition of employment, to live in campus provided housing. All facility related expenses to such housing is paid for by the University. Social Clubs - Social club memberships are provided to certain employees and officers related to their specific job responsibilities for donor development and business meetings. Any personal use of the clubs is minor and is reimbursed to the University and for disqualified persons as defined by IRC 4946 the memberships are approved in advance by the governing board. Schedule J, Part I, Line 3 The President's compensation is reviewed and approved annually by the Executive Committee of the Board of Trustees. The review includes a comparison of compensation levels of university presidents of similar institutions using both regional and national higher education compensation surveys. The compensation of the senior leadership team, who are also Disqualified Persons as defined by IRC 4946, is reviewed and approved by Executive Committee using a similar methodology of reviewing existing and proposed compensation against regional and national higher education surveys. The Executive Committee's actions are ratified at a subsequent meeting of the Board of Trustees. Schedule J, Part I, Line 7 It is at the discretion of the President or Board of Trustees that bonuses are awarded and are based upon significant accomplishments of key departmental objectives. A Washington Higher Education Facilities Authority 911306482 2013-12-19 85515000 Refund Bonds Issued 06/26/2008; Buildings & Structures 0 0 0 A 4280000 0 85521449 0 344277 0 465534 0 0 22249466 62800000 0 2014 1 0 1 1 A 0 0 1 1 0 0 0 0 0 0 1 A 0 0 1 0 1 0 0 0 1 A 1 Schedule K, Part II, Line 3-12/19/2013 85,515,000 Washington Higher Education Facilities Authority Investment earnings are included in line 3 but not on Part 1, column (e). Schedule K, Part III, Line 3a-12/19/2013 85,515,000 Washington Higher Education Facilities Authority Seattle Pacific University engages Sodexo America LLC to provide food service operations to its campuses. SPU has worked with bond counsel to review and create the agreement between SPU and Sodexo for this service so that the agreement meets the safe harbor provisions available under Rev.Proc.97-13. Schedule K, Part IV, Line 2b-12/19/2013 85,515,000 Washington Higher Education Facilities Authority Eighteen-month spending exception. Schedule K, Part IV, Line 3-12/19/2013 85,515,000 Washington Higher Education Facilities Authority Bonds reflected in column A of Part II reflect one issuance in multi-modal format in five separate Series: Series 2013 A Bonds (Variable Rate), Series 2013 B Bonds (Variable Rate), Series 2013 C Bonds (Fixed Rate), Series 2013 D Bonds (Fixed Rate) and Series 2013 E Bonds (Fixed Rate). Merit Scholarships Relative 59878 Scholarships Student Financial Aid Fischer Plumbing Company Inc An entity more than 35% directly owned by current board member 131501 Plumbing services 0 Sharleen Kato Spouse of board member - not in employment reporting line 115351 Compensation/benefits 0 Melanie Whitehead Spouse of board member - not in employment reporting line 60538 Compensation/benefits 0 Schedule L, Part IV Compensation is set by the salary and benefit policies of the University and there is no involvement of related parties in the setting of their compensation. X 5 46700 FMV X 796 FMV X 32392 FMV X 23 202973 Market Price X 1 9333 FMV X Airline tickets 1 12500 FMV X Equipment 6 11515 FMV X Lodging and Events 2 231 FMV 0 0 1 1 Schedule M, Part I The number of contributions listed in column B is the number of separate non-cash donations received from donors during the year. Schedule M, Part I, Line 32b The Seattle Pacific Foundation manages the liquidation of publicly traded securities. Other non-cash gifts are liquidated by brokers/dealers specialized in a specific area. Form 990, Part VI, Section B Line 11a - The University provides a complete copy of the final Form 990 to each member of the governing body, with the exception of Schedule B (Schedule of Contributors), before its final filing with the IRS. Form 990, Part VI, Section B, Line 11b The University posts the Form 990 on a secure website for the trustees to access prior to filing. The trustees receive a link to the website that allows them to access the return and are provided an opportunity to submit questions or concerns before the 990 is filed. The Executive Committee of the Board reviews the 990 as part of a separate process. Form 990, Part VI, Section B, Line 12c Once a year conflict of interest questionnaires are sent to the trustees, officers, directors, and key employees along with requests of other information that is needed for the completion of the Form 990 return. Those surveys are then reviewed for conflicts and a determination is made as to what if any action is needed. Business transactions with entities that a Board member may own or control must meet purchasing standards of the University regarding price competitiveness. Form 990, Part VI, Section B, Line 15 The President's compensation is reviewed and approved annually by the Executive Committee of the Board of Trustees. The review includes a comparison of compensation levels of university presidents of similar institutions using both regional and national higher education compensation surveys. The compensation of other officers and key employees, who are also Disqualified Persons as defined by IRC 4946, is reviewed and approved by Executive Committee using a similar methodology of reviewing existing and proposed compensation against regional and national higher education surveys. The Executive Committee's actions are ratified at a subsequent meeting of the Board of Trustees. Form 990, Part VI, Section C, Line 19 The University makes its governing documents, which includes the conflict of interest policy, available upon request. The audited financial statements are made available at www.spu.edu/about-spu/spu-facts and at various other organization websites associated with the University. Form 990, Part VII, Section A, Line 1a Craig Kispert, Vice President for Business and Finance, is an officer per IRS instructions only and is not an officer per corporate by-laws. Form 990, Part XI, Line 5 This amount reflects the total of unrealized gains and losses on investments carried at market value. Seattle Pacific Foundation 3307 Third Ave W Seattle WA 98119 911068276 To support Seattle Pacific University WA 501 (c) (3) 11a Type I Seattle Pacific University 0 Charitable Remainder Unitrusts (49) 3307 Third Ave West Seattle WA 98119 Beneficial Interest WA N/A T 0 Pooled Income Fund (1) 3307 Third Ave West Seattle WA 98119 Beneficial Interest WA N/A T 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0