2018-02-13T11:50:44-06:00 2017-06-30 941254756 HOOD & STRONG LLP 275 BATTERY ST STE 900 SAN FRANCISCO CA 94111 990 2016-07-01 941585735 GOLDEN GATE UNIVERSITY GOLD 4154427859 536 MISSION STREET SAN FRANCISCO CA 94105 BILL LEE CFO & VP OF FINANCE AND ADMIN 4154427859 2018-02-07 1 MAGA E KISRIEV P01008919 4157810793 12.201.129.210 2018-02-07 11:38:23 PS P 21B36D69BA2594878549B740C4BB0D7F52AE627F 5E659F1636FD484BC4A952AF06BDA53D599B2E40 2016 2021-01-29 14:40:06Z BILL LEE 536 MISSION STREET SAN FRANCISCO CA 94105 73854333 0 X WWW.GGU.EDU X 1923 CA TO CHANGE THE LIVES OF ADULT STUDENTS THROUGH PROFESSIONAL PRACTICE DEGREES AND CERTIFICATIONS. 20 19 1045 195 0 0 2960787 1777365 50434743 52350202 2850575 2227282 234612 1341081 56480717 57695930 7393549 8825105 0 0 35618299 33897680 142914 59062 1011806 19360748 17721588 62515510 60503435 -6034793 -2807505 146307541 141605926 53220065 49219484 93087476 92386442 GOLDEN GATE UNIVERSITY PREPARES INDIVIDUALS TO LEAD AND SERVE BY PROVIDING HIGH QUALITY, PRACTICE-BASED EDUCATIONAL PROGRAMS IN LAW, TAXATION, BUSINESS AND RELATED PROFESSIONS - AS A NONPROFIT INSTITUTION - IN AN INNOVATIVE AND CHALLENGING LEARNING ENVIRONMENT. 0 0 49643492 8825105 52813865 HIGHER EDUCATION IS THE UNIVERSITY'S SOLE MISSION AND PROGRAM. GGU OFFERS UNDERGRADUATE DEGREES IN BUSINESS AND MANAGEMENT, AND GRADUATE DEGREES IN LAW, TAXATION, BUSINESS AND RELATED PROFESSIONS THROUGH COURSES OFFERED IN CALIFORNIA (NORTHERN CALIFORNIA AND LOS ANGELES), WASHINGTON (SEATTLE), AND THE INTERNET. FULL TIME ENROLLMENT (FTE) FOR THE ACADEMIC YEAR 2016-2017 WAS 1,765. 49643492 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 1 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 95 0 1 1045 1 0 0 0 0 0 1 1 0 0 0 0 X 20 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X GRACE LEE 4154427859 536 MISSION ST SAN FRANCISCO CA 94105 MARK S ANDERSON CHAIR 1.00 X X 0 0 0 DAVID ARAKELIAN TRUSTEE 1.00 X X 0 0 0 TED MITCHELL TRUSTEE / PROFESSOR 8.00 X X 12000 0 0 BRUCE F BRADEN TRUSTEE 1.00 X 0 0 0 DILMOHAN S CHADHA TRUSTEE 1.00 X 0 0 0 CHIP CONRADI TRUSTEE 1.00 X 0 0 0 MELINDA A DUNN TRUSTEE 1.00 X 0 0 0 CYNTHIA EISENBERG TRUSTEE 1.00 X 0 0 0 ROI L EWELL TRUSTEE 1.00 X 0 0 0 FRANK FELICELLI TRUSTEE 1.00 X 0 0 0 ELISHA FINNEY TRUSTEE 1.00 X 0 0 0 MICHAEL GOLDSMITH TRUSTEE 1.00 X 0 0 0 BRUCE W HART TRUSTEE 1.00 X 0 0 0 ROSEMARY MARTIN TRUSTEE 1.00 X 0 0 0 BARBARA MENDELSON TRUSTEE 1.00 X 0 0 0 RANDY MERK TRUSTEE / PROFESSOR 8.00 X 8000 0 0 JIM O'NEIL TRUSTEE 1.00 X 0 0 0 NANCY TULLY TRUSTEE 1.00 X 0 0 0 DALE WALSH TRUSTEE 1.00 X 0 0 0 JANICE WILKINS TRUSTEE 1.00 X 0 0 0 MARK E BURTON JR TRUSTEE (THRU 2/28/17) 1.00 X 0 0 0 BARBARA ROBERTS TRUSTEE (THRU 2/28/17) 1.00 X 0 0 0 SUTHEE TRITASAVIT TRUSTEE (THRU 2/28/17) 1.00 X 0 0 0 DAVID FIKE PRESIDENT 37.50 X 385748 0 37291 ROBERT HITE CFO & VP BUS AFFAIRS (THRU 10/31/16) 37.50 X 206772 0 13673 BILL LEE CFO & VP OF BUSINESS AFFAIRS 37.50 X 110739 0 20937 BARBARA KARLIN VP ACADEMIC AFFAIRS 37.50 X 231850 0 25857 TERRI SHULTIS VP OF HUMAN RESOURCES 37.50 X 160845 0 19964 RACHEL VAN CLEAVE LAW DEAN 37.50 X 241329 0 16471 FRED SROKA TAX & ACCTG DEAN 37.50 X 171857 0 16874 PAUL FOUTS GRAD BUSINESS DEAN 37.50 X 192597 0 13513 NATE HINERMAN DEAN OF UNDERGRADUATE 37.50 X 175359 0 12224 JOHN REED VP ENROLLMENT STRATEGY & SERVICES 37.50 X 219424 0 21483 JON H SYLVESTER LAW PROFESSOR 37.50 X 167398 0 36458 LOUIS RICCARDI DIRECTOR, ENROLLMENT STRATEGY & SERVICES 37.50 X 159492 0 19929 KIMBERLY S STANLEY LAW PROFESSOR 37.50 X 172873 0 19765 WILLIAM GALLAGHER LAW PROFESSOR 37.50 X 154032 0 19674 MARC GREENBERG LAW PROFESSOR 37.50 X 150088 0 28552 DAN ANGEL FORMER PRESIDENT 0.00 X 275607 0 893 3196010 0 323558 71 1 1 0 INSIDE TRACK INC 1620 MONTGOMERY STREET SUITE 230 SAN FRANCISCO CA 94111 STUDENT RECRUITING 1011423 US INTERNATIONAL MEDIA LLC 1 EMBARCADERO CTR SAN FRANCISCO CA 94111 MEDIA SERVICES 734410 ELLUCIAN COMPANY LP 62814 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 COMPUTER SOFTWARE 510730 GOLDEN STATE WARRIORS LLC 1011 BROADWAY 5TH FLOOR OAKLAND CA 94607 ADVERTISING 393502 SECURITAS SECURITY SERVICES INC FILE 57220 LOS ANGELES CA 900747220 SECURITY SERVICES 291546 17 2501 314985 1459879 29409 1777365 TUITION AND FEES 611710 52350202 52350202 52350202 1113696 1113696 5949 5949 2359368 1230 1494914 0 864454 1230 865684 865684 15775276 14661690 1113586 1113586 1113586 7584 2501 1799 5785 5785 REIMBURSED ATTY. FEES 611710 186112 186112 SEOG/FWSP/PERKINS 611710 30472 30472 BOOKSTORE COMMISSION 611710 21539 21539 225540 225540 463663 57695930 52813865 0 3104700 2000 2000 8820106 8820106 2999 2999 2583066 1097870 1400860 84336 24631051 20624104 3656017 350930 1386013 1106299 257546 22168 3389825 2705717 629891 54217 1907725 1517476 356227 34022 55274 33436 21838 152291 152291 59062 59062 253546 253546 2372945 1891278 379020 102647 2380437 2267885 30340 82212 661527 352381 283516 25630 1921920 214516 1667240 40164 1956270 1762511 164311 29448 323317 292316 27304 3697 311398 233606 73229 4563 929971 834235 80169 15567 3834171 3439462 330530 64179 513304 460462 44250 8592 LIBRARY EXPENSES 1436904 1435518 1386 BANK CHARGES 351850 315832 31149 4869 BAD DEBT 233045 209045 24000 FACULTY & STUDENT DEVEL 22488 20988 1500 10930 3450 7477 3 60503435 49643492 9848137 1011806 2648977 5619189 1074105 2011848 1346102 638132 1764221 1739531 3108954 3107181 1624692 1904569 140335893 61804412 82768899 78531481 42314494 40028946 8655344 6955143 1001753 1069906 146307541 141605926 5394037 5242413 495237 322997 32055921 31245777 9925876 9617025 2500000 0 2848994 2791272 53220065 49219484 X 60452326 59758519 13533450 13503369 19101700 19124554 93087476 92386442 146307541 141605926 -2807505 2106471 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1282 933 2215 60188612 60190827 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 4828 199 3872 2215 11114 250000 250000 250000 250000 1000000 1500000 3444 1282 4726 50861702 29995 4063602 8073848 46881451 62847060 114152 -143637 11955873 50861702 70876118 250449 2000275 10279782 62847060 65787439 230547 9430321 4572189 70876118 62264546 304477 5554477 2336061 65787439 0.36050 0.40450 0.23500 0 0 2599803 2599803 107294621 36676869 70617752 7280171 5328265 1951906 23161298 19799278 3362020 78531481 US GOVERNMENT GRANT REFUNDABLE 2324401 CHARITABLE REMAINDER TRUST RESERVE 293042 CAPITAL LEASE & OTHER LIABILITIES 172187 DEFERRED RENT EXPENSE 1642 2791272 X 50466886 2106471 -9083768 -6977297 57444183 253546 -1799 251747 57695930 51167920 1799 1799 51166121 253546 9083768 9337314 60503435 PART V, LINE 4: THE UNIVERSITY USES THE INCOME FROM THE ENDOWMENT FUND PRIMARILY FOR SCHOLARSHIPS ACCORDING TO THE DONOR'S RESTRICTION. SMALL AMOUNTS ARE ALSO USED FOR OPERATING EXPENSES AT DESIGNATED SCHOOLS WITHIN THE UNIVERSITY AND FOR FACULTY SUPPORT AS DESIGNATED BY THE DONOR. PART X, LINE 2: THE PRINCIPAL ACTIVITIES OF THE UNIVERSITY ARE EXEMPT FROM INCOME TAXES UNDER PROVISIONS OF THE U.S. INTERNAL REVENUE CODE, SECTION 501(C)(3) AND THE CALIFORNIA TAX CODE. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS RECLASSIFIED TO EXPENSES -8,823,105. DEPARTMENTAL CHARGEBACK RECLASSIFIED TO EXPENSES 14,230. MISCELLANEOUS EXPENSES RECLASSIFIED TO EXPENSES -274,893. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES RECLASSIFIED TO REVENUE -1,799. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES RECLASSIFIED TO REVENUE 1,799. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS RECLASSIFIED TO EXPENSES 8,823,105. DEPARTMENTAL CHARGEBACK RECLASSIFIED TO EXPENSES -14,230. MISCELLANEOUS EXPENSES RECLASSIFIED TO EXPENSES 274,893. 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 NONDISCRIMINATORY DISCLOSURE STATEMENT IS CONTAINED ON OUT-REACH MATERIALS, COURSE SCHEDULES, THE CATALOG AND OUR WEBSITE. SCHEDULE E, PART I, LINE 6 GOLDEN GATE UNIVERSITY (GGU) ASSISTS ITS STUDENTS THROUGH THE OPERATION OF COMPREHENSIVE FINANCIAL AID PROGRAMS. THE FINANCIAL AID PROGRAMS INCLUDE A FEDERAL REVOLVING LOAN PROGRAM ADMINISTERED BY GGU. WHEN A STUDENT CEASES TO BE ENROLLED IN GGU (AND AFTER A GRACE PERIOD), THE STUDENT IS EXPECTED TO BEGIN MAKING PAYMENTS WITH THE ULTIMATE GOAL OF RETURNING THE LOAN FUNDS. UNDER AN AGREEMENT WITH THE FEDERAL GOVERNMENT, PORTIONS OF THE PRINCIPAL AND INTEREST DUE ON STUDENT NOTES RECEIVABLE MAY BE CANCELED UNDER CERTAIN CONDITIONS. GGU IS REIMBURSED BY THE FEDERAL GOVERNMENT FOR SUBSTANTIALLY ALL OF GGU'S PORTION OF THE CANCELLATIONS. IN ADDITION TO THE FUNDS RECEIVED UNDER THE REVOLVING LOAN PROGRAM, GGU RECEIVES DIRECTLY OR ACTS AS A PASS-THROUGH AGENT FOR A VARIETY OF FEDERAL AID PROGRAMS, INCLUDING LOANS AND GRANTS. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 5312741 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 937283 RUSSIA AND NEIGHBORING STATES 0 0 GRANT 999 EAST ASIA AND THE PACIFIC 0 0 GRANT 2000 0 0 0 0 0 0 6253023 0 6253023 1 0 1 1 0 0 PART I, LINE 2: SCHOLARSHIP FUNDS ARE USED TO OFFSET THE COST OF TUITION. MONEY IS NOT AVAILABLE TO PERSONS NOT ENROLLED AT THE UNIVERSITY. X X X X X X 1 RUFFALO NOEL LEVITZ 1025 KIRKWOOD PARKWAY SW CEDAR RAPIDS IA 52404 TELEMARKETING 0 37941 59062 -21121 37941 59062 -21121 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC 1 TUITION SCHOLARSHIPS 1287 8818106 BOOKSTORE GIFT CARDS 4 2000 FMV GIFT CARDS FOR BOOKS AND SUPPLIES PART I, LINE 2: GGU DISBURSES FUNDS FOR EDUCATIONAL PURPOSES WITHIN THE MEANING OF IRC SECTION 170(C)(2). DISBURSEMENTS TO INDIVIDUALS ARE AWARDS OF SCHOLARSHIPS TO QUALIFYING STUDENTS IN FURTHERANCE OF THEIR EDUCATIONAL PURSUITS. SEE GGU'S SCHOLARSHIP POLICY: HTTP://WWW.GGU.EDU/ENROLLMENT/FINANCIAL-AID/SCHOLARSHIPS-AND-GRANTS X X X 0 0 0 0 0 0 0 0 0 DAVID FIKE PRESIDENT 375968 0 0 0 9780 0 18550 0 18741 0 423039 0 0 0 ROBERT HITE CFO & VP BUS AFFAIRS (THRU 10/31/16) 199122 0 0 0 7650 0 13673 0 0 0 220445 0 0 0 BARBARA KARLIN VP ACADEMIC AFFAIRS 222070 0 0 0 9780 0 16470 0 9387 0 257707 0 0 0 TERRI SHULTIS VP OF HUMAN RESOURCES 151880 0 0 0 8965 0 11360 0 8604 0 180809 0 0 0 RACHEL VAN CLEAVE LAW DEAN 232149 0 0 0 9180 0 16471 0 0 0 257800 0 0 0 FRED SROKA TAX & ACCTG DEAN 162327 0 0 0 9530 0 11946 0 4928 0 188731 0 0 0 PAUL FOUTS GRAD BUSINESS DEAN 183417 0 0 0 9180 0 12673 0 840 0 206110 0 0 0 NATE HINERMAN DEAN OF UNDERGRADUATE 174159 0 0 0 1200 0 12224 0 0 0 187583 0 0 0 JOHN REED VP ENROLLMENT STRATEGY & SERVICES 181604 0 0 0 37820 0 12205 0 9278 0 240907 0 0 0 JON H SYLVESTER LAW PROFESSOR 155618 0 0 0 11780 0 12655 0 23803 0 203856 0 0 0 LOUIS RICCARDI DIRECTOR, ENROLLMENT STRATEGY & SERV 142712 0 0 0 16780 0 10540 0 9389 0 179421 0 0 0 KIMBERLY S STANLEY LAW PROFESSOR 138093 0 0 0 34780 0 10476 0 9289 0 192638 0 0 0 WILLIAM GALLAGHER LAW PROFESSOR 135002 0 0 0 19030 0 10286 0 9388 0 173706 0 0 0 MARC GREENBERG LAW PROFESSOR 131000 0 0 0 19088 0 10638 0 17914 0 178640 0 0 0 DAN ANGEL FORMER PRESIDENT 275607 0 0 0 0 0 0 0 893 0 276500 0 0 0 A CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 2012-12-19 45770000 TO REFUND CEFA 2001 AND 2005; ACQUIRE, CONSTRUCT AND RENOVATE FACILITIES 0 0 0 A 10565000 45770000 47512 300000 7250789 38171699 2014 1 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 0 0 1 FIRST REPUBLIC SECURITIES 1.000000000000 1 1 A 1 X 5 29369 FAIR MARKET VALUE X DINING PACKAGES 1 40 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THIS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTIONS, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART I, LINE 6: VOLUNTEERS AT GGU REPORTED INCLUDE MEMBERS OF THE BOARD OF TRUSTEES, DEANS' ADVISORY BOARDS, ALUMNI ASSOCIATION BOARD OF DIRECTORS, AND A FEW ADVISORY BOARDS FOR SPECIFIC AREAS AND CAMPUSES (E.G., GGU FORENSIC ACCOUNTING ADVISORY BOARD, GGU INTELLECTUAL PROPERTY LAW CENTER ADVISORY BOARD, GGU TAX ADVISORY BOARD - LOS ANGELES, GGU TAX ADVISORY BOARD - SEATTLE). FORM 990, PART VI, SECTION B, LINE 11B GGU'S ACCOUNTING FIRM COMPLETES THE FORM 990 FOR THE UNIVERSITY. THE CONTROLLER SUBMITS THE FORM 990 TO THE CFO FOR REVIEW AND DISCUSSION. AS NEEDED, THE DISCUSSION IS HELD WITH THE ACCOUNTING FIRM AND REVISIONS ARE MADE. THE FINAL DRAFT OF THE FORM 990 IS PROVIDED TO, REVIEWED, AND APPROVED BY GGU AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C EACH NEW MEMBER OF THE BOARD OF TRUSTEES WILL RECEIVE, IN HIS OR HER ORIENTATION PACKAGE, A COPY OF THE GOLDEN GATE UNIVERSITY CONFLICT OF INTEREST POLICY ACCOMPANIED BY THE CONFLICT OF INTEREST POLICY QUESTIONNAIRE. PRIOR TO THE NEW TRUSTEE'S INDUCTION INTO THE BOARD, HE OR SHE WILL SIGN AND DATE THE FORM, AND SUBMIT IT TO THE SECRETARY TO THE BOARD FOR INCLUSION IN BOARD RECORDS. AT THE ANNUAL BOARD MEETING EACH YEAR, ALL TRUSTEES SHALL COMPLETE A NEW CONFLICT OF INTEREST POLICY QUESTIONNAIRE, AND SUBMIT IT TO THE SECRETARY TO THE BOARD FOR INCLUSION IN BOARD RECORDS. BOARD MEMBERS WHO FAIL TO SUBMIT AN UPDATED QUESTIONNAIRE MAY BE SUBJECT TO EXPULSION FROM GOLDEN GATE UNIVERSITY'S BOARD OF TRUSTEES. IF A CONFLICT IS BELIEVED TO EXIST, THE BOARD OF TRUSTEES OR ITS COMMITTEES WILL RESOLVE THE QUESTION IN THE ABSENCE OF THE POTENTIALLY INTERESTED PERSON. IF A CONFLICT EXISTS, THE TRUSTEE SHALL ABSTAIN FROM VOTING ON SUCH MATTERS UNDER CONSIDERATION BY THE BOARD OF TRUSTEES OR ITS COMMITTEES. EACH NEW FULL-TIME EMPLOYEE WILL RECEIVE, IN HIS OR HER ORIENTATION PACKAGE, A COPY OF THE GOLDEN GATE UNIVERSITY CONFLICT OF INTEREST POLICY ACCOMPANIED BY THE CONFLICT OF INTEREST POLICY QUESTIONNAIRE. THE NEW EMPLOYEE WILL SIGN AND DATE THE QUESTIONNAIRE WITHIN 30 DAYS OF HIS OR HER DATE OF HIRE AND SUBMIT IT TO THE HUMAN RESOURCES DEPARTMENT. THE QUESTIONNAIRE WILL BE FILED IN THE EMPLOYEE'S OFFICIAL PERSONNEL FILE MAINTAINED BY THE HUMAN RESOURCES DEPARTMENT. FORM 990, PART VI, SECTION B, LINE 15 ALL OFFICERS - THE EXECUTIVE COMMITTEE WILL ADMINISTER THIS EXECUTIVE COMPENSATION POLICY BY: - ASSESSING THE NATURE AND SCOPE OF EACH OFFICER POSITION - ASSESSING THE BASIS FOR WHICH COMPENSATION IS PAID TO INDIVIDUALS HOLDING SUCH POSITIONS INCLUDING UNIQUE BACKGROUND, EXPERIENCE, PERSONAL SKILLS, EXCEPTIONAL PERFORMANCE, ADDITIONAL DUTIES AND ABILITIES, AND CHALLENGES FACING THE ORGANIZATION THAT REQUIRE THE USE OF SUCH ATTRIBUTES OR SKILLS - OBTAINING APPROPRIATE AND COMPARABLE COMPENSATION MARKET DATA INCLUDING DATA FROM THE FOLLOWING: - SIMILARLY SITUATED ORGANIZATIONS, BOTH FOR-PROFIT AND TAX-EXEMPT, FOR FUNCTIONALLY COMPARABLE POSITIONS - THE AVAILABILITY OF SIMILAR SPECIALTIES IN THE GEOGRAPHIC AREA - INDEPENDENT COMPENSATION SURVEYS BY NATIONALLY RECOGNIZED INDEPENDENT FIRMS VICE PRESIDENTS - THE BOARD OF TRUSTEES AUTHORIZES THE PRESIDENT TO ESTABLISH COMPENSATION RECOMMENDATIONS FOR THE VICE PRESIDENT OF ACADEMIC AFFAIRS AND THE VICE PRESIDENT OF BUSINESS AFFAIRS BASED ON HIS ASSESSMENT OF EACH INDIVIDUAL'S PERFORMANCE AND SCOPE OF THE POSITION AND COMPARABLE COMPENSATION MARKET DATA AS DESCRIBED ABOVE. THE EXECUTIVE COMMITTEE OF THE BOARD WILL THEN MEET WITH THE PRESIDENT TO DISCUSS AND REVIEW HIS RECOMMENDATIONS, AND APPROVE, REQUEST ADDITIONAL INFORMATION OR AMEND THE RECOMMENDATION ON THE BASIS OF THEIR DISCUSSIONS. PRESIDENT - THE EXECUTIVE COMMITTEE MEETS INDEPENDENTLY OF THE PRESIDENT TO DISCUSS PERFORMANCE RELATIVE TO THE POSITION DESCRIPTION. DURING THESE DELIBERATIONS, THE COMMITTEE ALSO CONSIDERS INPUT OBTAINED FROM OTHER BOARD MEMBERS, STAFF, FACULTY, AND OTHER INFORMED COMMUNITY LEADERS. ONCE A CONSENSUS IS REACHED REGARDING PERFORMANCE, A SIMILAR DISCUSSION IS HELD CONCERNING COMPENSATION RELATIVE TO ANNUAL BENCHMARK AND ESTABLISHED OBJECTIVES. THE COMMITTEE PRESENTS ITS FINDINGS AND RECOMMENDATIONS, IN AN EXECUTIVE SESSION WITHOUT THE PRESIDENT PRESENT, TO THE FULL BOARD FOR REVIEW AND APPROVAL. THE COMMITTEE AND/OR THE BOARD CHAIR (A MEMBER OF THE COMMITTEE) THEN MEET WITH THE PRESIDENT TO DISCUSS AND DOCUMENT STRENGTHS, WEAKNESSES, AND GOALS FOR THE UPCOMING YEAR. COMPENSATION FOR THE UPCOMING YEAR IS ALSO DISCUSSED AND DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST TO THE OFFICE OF THE CFO. IN ADDITION WE PROVIDE OUR AUDITED FINANCIAL STATEMENTS TO OUR BOND TRUSTEE AND THE U.S. DEPARTMENT OF EDUCATION. CHARITABLE REMAINDER TRUST (3) INVESTMENTS CA GOLDEN GATE UNIVERSITY T 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0