2017-05-10T15:16:05-05:00 2016-06-30 910189318 MOSS ADAMS LLP 3121 W MARCH LN STE 200 STOCKTON CA 952192367 990 2015-07-01 951643389 UNIVERSITY OF REDLANDS UNIV 9097488180 PO BOX 3080 REDLANDS CA 923730999 CORY R NOMURA VP FINANCE & ADMINISTRATION 9097488180 2017-05-08 1 TRACY S PAGLIA P00366884 2099556100 2017-05-08 2015 2021-01-29 14:40:06Z RALPH W KUNCL PO BOX 3080 REDLANDS CA 923730999 283984253 0 X WWW.REDLANDS.EDU X 1907 CA THE UNIVERSITY OF REDLANDS IS A PRIVATE, INDEPENDENT LIBERAL ARTS AND SCIENCES UNIVERSITY COMMITTED TO A MISSION THAT EMPHASIZES ACADEMIC RIGOR, PERSONAL DEVELOPMENT AND INTERDISCIPLINARY STUDIES. 36 36 3152 1500 -43464 -101838 8497184 34608992 185566010 183419029 9498184 8181274 167878 127254 203729256 226336549 60908254 59465053 0 0 69163860 75841785 0 0 2930242 55984643 55897894 186056757 191204732 17672499 35131817 340099538 352452313 114187591 105419770 225911947 247032543 X SEE SCHEDULE O 0 0 50396887 0 180543667 INSTRUCTION & ACADEMIC SUPPORT PROVIDED FOR APPROXIMATELY 5,215 FULL TIME AND PART TIME STUDENTS 59465053 59465053 0 SCHOLARSHIPS AND GRANTS PROVIDED BY UNIVERSITY AND PRIVATE SOURCES TO MORE THAN 4,000 STUDENTS 20725328 0 2768865 STUDENT SERVICES TO SUPPORT STUDENT RECRUITING, COUNSELING, STUDENT ACTIVITIES, AND ATHLETICS 27925559 0 106497 PUBLIC SUPPORT AND STUDENT SERVICES 27925559 0 106497 158512827 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 7791 0 1 3152 1 1 1 1 AU 0 0 0 0 0 0 0 0 X 36 36 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X CORY NOMURA VP FOR FINANCE & ADMIN 9097488180 1200 E COLTON AVENUE ADMIN 302 REDLANDS CA 92373 BRADLEY ADAMS TRUSTEE 4.00 X 0 0 0 JAMISON ASHBY TRUSTEE 2.00 X 0 0 0 WENDELL BARNER TRUSTEE 4.00 X 0 0 0 CAROLE BESWICK CHAIR - TRUSTEE 6.00 X X 0 0 0 WILLIAM CAHILL TRUSTEE 2.00 X 0 0 0 DAVID DANIELSON TRUSTEE 4.00 X 0 0 0 JOSEPH D'ANNA TRUSTEE 2.00 X 0 0 0 DAVID ENZMINGER FIRST VICE CHAIR - TRUSTEE 2.00 X X 0 0 0 RICHARD FISHER TRUSTEE 2.00 X 0 0 0 THOMAS GILMER TRUSTEE 2.00 X 0 0 0 KENNETH HALL TRUSTEE 2.00 X 0 0 0 DEBBIE HEAP TRUSTEE 4.00 X 0 0 0 GREGORY HORTER TRUSTEE 2.00 X 0 0 0 RICHARD HUNSAKER TRUSTEE 4.00 X 0 0 0 FRAN INMAN TRUSTEE 2.00 X 0 0 0 KEVIN KNIGHT TRUSTEE 2.00 X 0 0 0 TERRY KUPFER TRUSTEE 2.00 X 0 0 0 LELAND LAUNER SECOND VICE CHAIR - TRUSTEE 2.00 X X 0 0 0 ANN LUCAS TRUSTEE 2.00 X 0 0 0 SHERRI MEDINA TRUSTEE 2.00 X 0 0 0 ALICE MOZLEY TRUSTEE 4.00 X 0 0 0 BRIAN MURPHY TRUSTEE 2.00 X 0 0 0 ROBERT ODA TRUSTEE 2.00 X 0 0 0 JAMES RAMOS TRUSTEE 2.00 X 0 0 0 DANIEL RENDLER TRUSTEE (THRU 6/30/16) 2.00 X 0 0 0 SABINE ROBERTSON-PHILLIPS TRUSTEE 2.00 X 0 0 0 JOSEPH RULISON TRUSTEE 2.00 X 0 0 0 ROGER SALAZAR TRUSTEE 2.00 X 0 0 0 JAMES SCHROEDER TRUSTEE 4.00 X 0 0 0 LINDA NELSON SIMMS TRUSTEE (THRU 6/30/16) 2.00 X 0 0 0 WILLIAM SIWEK TRUSTEE (THRU 6/30/16) 2.00 X 0 0 0 CHRIS STRAND TRUSTEE 4.00 X 0 0 0 ANTHONY TAYLOR TRUSTEE 2.00 X 0 0 0 RONALD TROUPE TRUSTEE (THRU 6/30/16) 4.00 X 0 0 0 STANLEY WEISSER SECRETARY - TRUSTEE 2.00 X X 0 0 0 CHARLES WILKE TRUSTEE 2.00 X 0 0 0 RALPH KUNCL PRESIDENT 70.00 X 642776 0 153422 DAVID FITE VP ACADEMIC AFFAIRS (THRU 6/30/16) 60.00 X 287081 0 35188 CORY NOMURA VP FINANCE AND ADMIN 60.00 X 281281 0 44806 ANITA WEST VP ADVANCEMENT 60.00 X 234975 0 37143 KATHY OGREN PROVOST 60.00 X 219295 0 33477 CHARLOTTE BURGESS VP AND DEAN STUDENT LIFE 60.00 X 209250 0 18828 KEVIN DYERLY VP ENROLLMENT 60.00 X 188849 0 35199 ANDREW WALL DEAN, SOE 55.00 X 181379 0 25878 GEORGE KEITH ROBERTS DEAN, URSB 55.00 X 153439 0 13794 JACK OSBORN EXECUTIVE PROFESSOR 55.00 X 161670 0 38669 BETHANN COREY AVP ENROLLMENT 55.00 X 159358 0 35016 MICHELLE ROGERS CHIEF OF STAFF AND LIAISON TO BOARD 55.00 X 158928 0 30942 ROBERTA DELLHIME DIRECTOR OF HUMAN RESOURCES 55.00 X 155733 0 33464 RAYMOND WATTS AVP DEVELOPMENT 55.00 X 155320 0 31959 JAMES VALADEZ FORMER DEAN, SOE 55.00 X 135368 0 21442 3324702 0 589227 124 1 1 0 BON APPETIT MANAGEMENT 2730 SAND HILL RD STE 100 MENLO PARK CA 94025 FOOD SERVICE 6600578 TRAFFIK 8821 RESEARCH DRIVE IRVINE CA 92618 ADVERTISING AND MARKETING 2361149 IES 33 N LA SALLE ST 15TH FLOOR CHICAGO IL 606022602 STUDY ABROAD PROGRAM 1681348 GOOGLE INC 1600 AMPHITHEATRE PARKWAY MOUNTAIN VIEW CA 94043 ADVERTISING AND MARKETING 939283 INSTITUTE FOR STUDY ABROAD INC 1100 W 42ND ST STE 305 INDIANAPOLIS IN 46208 STUDY ABROAD PROGRAM 751242 58 116458 34492534 2237794 34608992 TUITION & FEES 611600 178615165 178615165 AUXILIARY PROGRAMS 611600 2768865 2765490 3375 ASSOCIATED STUDENT 611600 1120124 1120124 CONFERENCES 611600 808378 808378 STUDENT LOAN INTEREST 611600 106497 106497 183419029 2265927 -46839 2312766 71875 71875 55379 0 55379 55379 55379 63563051 57647704 5915347 5915347 5915347 226336549 183415654 -43464 8355367 59465053 59465053 2947118 630293 1997311 319514 57507633 45351341 10659754 1496538 3923690 2984633 821189 117868 7011385 5333350 1467413 210622 4451959 3386472 931750 133737 23845 371 23474 210967 210967 525343 525343 2065008 682507 1362361 20140 3745184 3678741 54262 12181 3931646 2252837 1439272 239537 2457119 1867410 518944 70765 7523113 2286734 5214905 21474 3156531 2867845 212982 75704 260636 183398 60467 16771 2730033 2730033 9693158 9693158 814553 632419 163921 18213 STUDENT PROGRAMS 8037748 7703063 197431 137254 FOOD SERVICE 6686481 6566264 95544 24673 LOSS ON EXTINGUISHMENT 2704677 2704677 BAD DEBT EXPENSE 330528 -70194 400722 1001324 312455 673618 15251 191204732 158512827 29761663 2930242 3954866 7231148 35592139 37804780 10822733 26285136 5804113 5108604 3177433 2861784 86987 92775 2681689 2224557 270488464 140414245 133744555 130074219 20538435 23282711 112403827 108340947 10357981 9145652 934780 340099538 352452313 10221327 10360392 6231491 5341800 67818566 67458514 7766825 1424000 22149382 20835064 114187591 105419770 X 74671972 73974710 42364033 32686557 108875942 140371276 225911947 247032543 340099538 352452313 X 35131817 -10449596 -3561625 X 0 1 X 1 1 1 X 8426456 10720780 14812048 8497184 34608992 77065460 8426456 10720780 14812048 8497184 34608992 77065460 36182683 40882777 1770480 2268995 2560526 2355667 2440020 11395688 88461148 848010025 0.46220 0.60550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 X X 0 133275934 32972474 -908223 1944266 2822503 160573416 132605390 2348783 2945365 1810366 2813238 133275934 115251074 6112592 16094290 1950409 2902157 132605390 107520190 2303169 10442058 2034762 2979581 115251074 111543339 1510384 -503748 2046328 2983457 107520190 0.02820 0.81600 0.15580 0 0 2432258 2432258 8646455 9421231 5501533 12566153 227258300 119938711 107319589 22439108 14974001 7465107 291112 291112 130074219 OTHER INVESTMENTS 347390 C ASSETS HELD BY OTHERS 1005073 F PRIVATE EQUITY PSHIPS 10566080 F MULTI-HEDGE STRATEGIES 21335878 F INFLATION HEDGING 11362300 F COMMON TRUST FUNDS 22871736 F GLOBAL EQUITIES 30584849 F FIXED INCOME 10267641 F 108340947 RESERVE FOR ANNUITIES PAYABLE 1645402 REFUNDABLE U.S. GOVT STUDENT LOANS 5621009 LIABILITY FOR TRUSTS PAYABLE 10167063 ASSET RETIREMENT OBLIGATION 3170605 UNEARNED REV - POOLED INCOME FUND 230985 20835064 X 148678331 -10449596 -10449596 159127927 415777 66792846 67208623 226336550 127557735 0 127557735 415777 63231220 63646997 191204732 PART III, LINE 4: THE UNIVERSITY MAINTAINS A LIMITED COLLECTION OF ART AND HISTORICAL TREASURES TO BE USED FOR ACADEMIC AND RESEARCH PURPOSES AS WELL AS PRESERVING COLLECTION ITEMS FOR FUTURE GENERATIONS. UPON THE ADOPTION OF SFAS 116, THE UNIVERSITY ELECTED TO CAPITALIZE COLLECTION ITEMS PROSPECTIVELY. SUBSEQUENT TO MAKING THE ELECTION, THE UNIVERSITY HAS NOT RECORDED ANY SIGNIFICANT COLLECTION ITEMS. PART V, LINE 4: ENDOWMENT FUNDS ARE INTENDED FOR SCHOLARSHIPS, EDUCATIONAL ACTIVITIES AND INSTITUTIONAL SUPPORT PURPOSES. PART X, LINE 2: THE UNIVERSITY IS RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON NET INCOME FROM UNRELATED BUSINESS ACTIVITIES, AND FILES FEDERAL AND STATE RETURNS TO REPORT UNRELATED BUSINESS INCOME, AS APPROPRIATE. MANAGEMENT HAS EVALUATED THE UNIVERSITY'S MATERIAL TAX POSITIONS; THERE WERE NO UNCERTAIN TAX POSITIONS IDENTIFIED AS OF JUNE 30, 2016 AND 2015. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 59,465,053. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 2,669,885. ASSOCIATED STUDENT REVENUE 1,120,124. BOOK/TAX DIFFERENCE FROM K-1 -46,838. PLEDGE WRITE OFF 879,945. LOSS ON EXTINGUISHMENT OF DEBT 2,704,677. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 59,465,053. ASSOCIATED STUDENT EXPENSES 1,061,490. LOSS ON EXTINGUISHMENT OF DEBT 2,704,677. 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 PUBLISHES STATEMENTS THAT THE UNIVERSITY DOES NOT DISCRIMINATE IN THE ADMISSIONS PROCESS IN THE UNIVERSITY CATALOG, ADMISSIONS BROCHURES, AND APPLICATION FORMS. SCHEDULE E, PART I, LINE 6 GRANTS RECEIVED FROM FEDERAL AND STATE AGENCIES FOR FINANCIAL ASSISTANCE TO STUDENTS. EUROPE (INCLUDING ICELAND AND GREENLAND) 1 2 PROGRAM SERVICES UNDERGRADUATE STUDY ABROAD 736008 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 23763055 1 2 0 0 1 2 24499063 0 24499063 1 0 1 1 0 0 PART I, LINE 3: THE ORGANIZATION MONITORS FOREIGN EXPENDITURES ON A MONTHLY BASIS. ONCE DURING EACH SEMESTER, THE UNIVERSITY OF REDLANDS TRANSFERS EUROS TO THE FOREIGN OFFICE FOR THE ESTIMATED AMOUNT OF THE FOREIGN OFFICE'S EXPENDITURES FOR THE SEMESTER. AT THE END OF EACH MONTH, THE FOREIGN OFFICE SENDS THE UNIVERSITY OF REDLANDS A LEDGER OF ACTUAL EXPENDITURES AND A CASH RECONCILIATION FOR THE BANK ACCOUNT. THE UNIVERSITY OF REDLANDS EVALUATES AND RECONCILES THE FOREIGN ACCOUNT CASH BALANCE AND UPDATES THE GENERAL LEDGER MONTHLY BASED ON THE ACTUAL DATA RECEIVED. AT THE END OF EACH SCHOOL YEAR, THE FOREIGN OFFICE PROVIDES THE UNIVERSITY OF REDLANDS WITH RECEIPTS AND DOCUMENTATION FOR ALL EXPENDITURES FOR THE YEAR. 1 UNDERGRADUATE NEED BASED SCHOLARSHIPS 2187 50020098 UNDERGRADUATE MERIT SCHOLARSHIPS 769 9059427 GRADUATE NEED BASED SCHOLARSHIPS 108 385528 PART I, LINE 2: NEED BASED AID IS AWARDED BASED ON FEDERAL AND/OR STATE ELIGIBILITY REQUIREMENTS AND INSTITUTIONAL AID IS AWARDED ACCORDING TO INSTITUTIONAL POLICY. AMOUNTS OF AID AWARDED ARE IN COMPLIANCE WITH GOVERNING REGULATIONS OR INSTITUTIONAL POLICY. IN COMPLIANCE WITH TITLE IV REGULATIONS, TOTAL AID FROM ALL SOURCES CANNOT EXCEED NEED OR THE ANNUAL COST OF TUITION, REGARDLESS OF THE LEVEL OF NEED. GRANTS AND SCHOLARSHIPS ARE APPLIED DIRECTLY TO A STUDENT ACCOUNT AND FUNDS ARE NOT DISTRIBUTED DIRECTLY TO STUDENTS. OVERPAYMENT OR CREDIT BALANCES OF STUDENT ACCOUNT BALANCES ARE ANALYZED PRIOR TO DISTRIBUTING REFUNDS TO STUDENTS TO ENSURE THAT GRANTS AND SCHOLARSHIPS ARE PROPERLY AWARDED AND UTILIZED FOR EDUCATIONAL PURPOSES. X X X X X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 RALPH KUNCL PRESIDENT 599728 0 0 0 43048 0 123850 0 29572 0 796198 0 0 0 DAVID FITE VP ACADEMIC AFFAIRS (THRU 6/30/16) 284098 0 0 0 2983 0 22049 0 13139 0 322269 0 0 0 CORY NOMURA VP FINANCE AND ADMIN 275050 0 0 0 6231 0 42691 0 2115 0 326087 0 0 0 ANITA WEST VP ADVANCEMENT 231392 0 0 0 3583 0 19985 0 17158 0 272118 0 0 0 KATHY OGREN PROVOST 218007 0 0 0 1288 0 18837 0 14640 0 252772 0 0 0 CHARLOTTE BURGESS VP AND DEAN STUDENT LIFE 207985 0 0 0 1265 0 17520 0 1308 0 228078 0 0 0 KEVIN DYERLY VP ENROLLMENT 187663 0 0 0 1186 0 16375 0 18824 0 224048 0 0 0 ANDREW WALL DEAN, SOE 181114 0 0 0 265 0 8730 0 17148 0 207257 0 0 0 GEORGE KEITH ROBERTS DEAN, URSB 152350 0 0 0 1089 0 12822 0 972 0 167233 0 0 0 JACK OSBORN EXECUTIVE PROFESSOR 160728 0 0 0 942 0 14641 0 24028 0 200339 0 0 0 BETHANN COREY AVP ENROLLMENT 159049 0 0 0 309 0 14116 0 20900 0 194374 0 0 0 MICHELLE ROGERS CHIEF OF STAFF AND LIAISON TO BOARD 158690 0 0 0 238 0 13813 0 17129 0 189870 0 0 0 ROBERTA DELLHIME DIRECTOR OF HUMAN RESOURCES 155055 0 0 0 678 0 13567 0 19897 0 189197 0 0 0 RAYMOND WATTS AVP DEVELOPMENT 155103 0 0 0 217 0 13573 0 18386 0 187279 0 0 0 JAMES VALADEZ FORMER DEAN, SOE 134563 0 0 0 805 0 11604 0 9838 0 156810 0 0 0 PART I, LINE 1A FOR FLIGHTS GREATER THAN 4 HOURS, THE PRESIDENT IS APPROVED TO TRAVEL IN BUSINESS CLASS OR FIRST CLASS IF BUSINESS CLASS IS NOT AVAILABLE ON THE FLIGHT. THESE EXPENSES ARE NOT INCLUDED IN THE PRESIDENT'S TAXABLE FRINGE BENEFITS. THE PRESIDENT'S SPOUSE IS EXPECTED TO ACCOMPANY THE PRESIDENT ON UNIVERSITY BUSINESS TRAVEL WHERE APPROPRIATE AND THE RELATED TRAVEL EXPENSES ARE NOT A TAXABLE FRINGE BENEFIT. THE UNIVERSITY REQUIRES THE PRESIDENT TO LIVE IN A UNIVERSITY OWNED RESIDENCE. PERSONAL SERVICES PROVIDED TO THE PRESIDENT ARE LIMITED TO CUSTODIAL CLEANING OF THE RESIDENCE. THE PRESIDENT ALSO RECEIVES TAX GROSS-UP PAYMENTS RELATING TO THE PERSONAL USE BENEFIT OF THE RESIDENCE. THE PERSONAL USE VALUE OF THE RESIDENCE IS REPORTED AS A PORTION OF "OTHER REPORTABLE COMPENSATION" ON SCHEDULE J, PART II. THE UNIVERSITY PAID COUNTRY CLUB DUES ON BEHALF OF RALPH KUNCL, PRESIDENT, CORY NOMURA, VICE PRESIDENT FOR FINANCE AND ADMINISTRATION, AND ANITA WEST, VICE PRESIDENT FOR ADVANCEMENT. THE PERSONAL USE PORTION OF THE VALUE OF THE COUNTRY CLUB DUES IS INCLUDED IN REPORTABLE (TAXABLE) COMPENSATION FOR THESE EMPLOYEES ON FORM 990. PART I, LINE 4B LINE 4B - RALPH KUNCL, PRESIDENT, AND CORY NOMURA, VP FINANCE AND ADMINISTRATION, PARTICIPATE IN A NONQUALIFIED DEFERRED COMPENSATION PLAN UNDER SECTION 457(F). DEFERRED COMPENSATION IS VESTED AFTER 5 YEARS SO THE FY 2015-2016 DEFERRED COMPENSATION WILL BE VESTED AS OF JUNE 30, 2020. DEFERRED COMPENSATION IS SUBJECT TO CONTINUAL EMPLOYMENT THROUGH THE VESTING PERIOD EXCEPT FOR IN THE EVENT OF DEATH OR FULL PERMANENT DISABILITY. CONTRIBUTIONS TO THE 457(F) PLAN FOR KUNCL AND NOMURA IN THE CURRENT YEAR WERE $100,000 AND $20,000, RESPECTIVELY, AND ARE INCLUDED IN "RETIREMENT AND OTHER DEFERRED COMPENSATION" ON SCHEDULE J, PART II. A CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 1301784X1 2015-01-07 36031337 SEE PART V 0 0 0 B CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 571705592 130179GU2 2016-04-01 33959563 SEE PART V 0 0 0 A 36031337 499548 35531789 2015 1 1 1 1 B 33959563 440633 33518930 2016 1 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 SCHEDULE K, PART I, COLUMN F DESCRIPTION OF PURPOSE BOND #1: TO REFUND THE 2003 SERIES A AND 2003 SERIES B CEFA REVENUE BONDS AND PARTIALLY ADVANCE REFUND A PORTION OF THE 2005 SERIES A CEFA REVENUE BONDS. BOND #2: TO REFUND THE 2005 SERIES A AND ADVANCE REFUND THE 2008 SERIES A CEFA REVENUE BONDS. X 1 95800 FMV X 539 FMV X 46 2117898 FMV X PIANO 1 15000 FMV X STAND-UP DOUBLE BASS 1 3500 FMV X VINTAGE WINE 1 2595 FMV X SCIENTIFIC EQUIPMENT 1 1662 FMV X FURNITURE 1 500 FMV X 6 EMPTY BARRELS 1 300 FMV 2 0 1 1 PART I, COLUMN (B): THE QUANTITIES LISTED REPRESENT THE NUMBER OF INSTANCES THAT A CONTRIBUTION OF SUCH PROPERTY WAS RECEIVED. THE NUMBERS DO NOT NECESSARILY REFLECT THE NUMBER OF CONTRIBUTORS OR THE NUMBER OF ITEMS CONTRIBUTED. PART I, LINE 32B: THE UNIVERSITY USES THIRD PARTIES TO SELL NONCASH CONTRIBUTIONS SUCH AS ART AND TANGIBLE PROPERTY NOT USED IN UNIVERSITY OPERATIONS. FORM 990, PART III, LINE 1 THE UNIVERSITY OF REDLANDS IS A PRIVATE, INDEPENDENT UNIVERSITY COMMITTED TO PROVIDING A PERSONALIZED EDUCATION THAT FREES STUDENTS TO MAKE ENLIGHTENED CHOICES. REDLANDS EMPHASIZES ACADEMIC RIGOR, CURRICULAR DIVERSITY, AND INNOVATIVE TEACHING. REDLANDS FOSTERS A COMMUNITY OF SCHOLARS AND ENCOURAGES A PLURALISTIC NOTION OF VALUES BY CHALLENGING ASSUMPTIONS AND STEREOTYPES IN BOTH CLASSES AND ACTIVITIES. A REDLANDS EDUCATION GOES BEYOND TRAINING TO EMBRACE A REFLECTIVE UNDERSTANDING OF OUR WORLD; IT PROCEEDS FROM INFORMATION TO INSIGHT, FROM KNOWLEDGE TO MEANING. WELCOMING INTELLECTUALLY CURIOUS STUDENTS OF DIVERSE RELIGIOUS, ETHNIC, NATIONAL, AND SOCIO-ECONOMIC BACKGROUNDS, THE UNIVERSITY SEEKS TO DEVELOP RESPONSIBLE CITIZENSHIP AS PART OF A COMPLETE EDUCATION. REDLANDS ENCOURAGES A COMMUNITY ATMOSPHERE WITH EXCEPTIONAL OPPORTUNITY FOR STUDENT LEADERSHIP AND INTERACTION. FOR WORKING ADULTS, THE UNIVERSITY OFFERS INNOVATIVE PROGRAMS AT CONVENIENT LOCATIONS AND TIMES. REDLANDS BLENDS LIBERAL ARTS AND PROFESSIONAL PROGRAMS, APPLIED AND THEORETICAL STUDY, TRADITIONAL MAJORS AND SELF-DESIGNED CONTRACTS FOR GRADUATION. SMALL CLASSES ENABLE EACH STUDENT TO PARTICIPATE IN CLASS DISCUSSION, TO WORK CLOSELY WITH PROFESSORS, AND TO RECEIVE EXTENSIVE INDIVIDUAL ATTENTION. REDLANDS REMAINS SENSITIVE TO CONTEMPORARY TRENDS IN SOCIETY AND CHALLENGES STUDENTS TO COMMIT THEMSELVES TO A LIFETIME OF LEARNING. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED IN DETAIL BY UNIVERSITY MANAGEMENT, LEGAL COUNSEL AND THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES APPROVES THE FORM 990 RETURN. THE FINAL COPY OF THE FORM 990 IS DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY AND QUESTIONNAIRE IS ANNUALLY DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF TRUSTEES AND SENIOR ADMINISTRATIVE PERSONNEL TO DETERMINE RELATED PARTY/CONFLICT OF INTEREST DISCLOSURES. QUESTIONNAIRE RESPONSES ARE REVIEWED BY MANAGEMENT AND THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES TO DETERMINE IF ANY POTENTIAL CONFLICTS EXIST. FOR ANY IDENTIFIED CONFLICTS, THE BOARD EXPLICITLY REQUIRES THAT THE RELATED PARTY ENTER INTO A BOARD APPROVED CONFLICT MANAGEMENT PLAN TO ENSURE NO CONFLICT OF INTEREST IS PERCEIVED. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMPENSATION IS ESTABLISHED ANNUALLY BY THE EXECUTIVE EVALUATION AND COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE UNIVERSITY UTILIZED AN INDEPENDENT COMPENSATION FIRM TO COMPLETE AN EXECUTIVE COMPENSATION STUDY. COMPARATIVE SALARY AND BENEFIT INFORMATION WAS REVIEWED TO ESTABLISH THE APPROPRIATE LEVEL OF EXECUTIVE COMPENSATION. EXECUTIVE COMPENSATION WAS REVIEWED AND APPROVED BY THE EXECUTIVE EVALUATION AND COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. COMPENSATION DELIBERATION AND DECISIONS WERE CONTEMPORANEOUSLY DOCUMENTED BY THE EXECUTIVE EVALUATION AND COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -2,669,885. NET ASSOCIATED STUDENT REVENUE/EXPENSES -58,634. BOOK/TAX DIFFERENCE FROM K-1 46,839. PLEDGE WRITE OFF -879,945. REDLANDS PROPERTY MANAGEMENT INC PO BOX 3080 REDLANDS CA 92373 330423448 TITLE HOLDING CA 0 0 UNIVERSITY OF REDLANDS REDLANDS PROPERTY MANAGEMENT TRUST PO BOX 3080 REDLANDS CA 92373 336089947 TITLE HOLDING CA 0 0 UNIVERSITY OF REDLANDS CHARITABLE REMAINDER UNITRUSTS (11) CHARITABLE GIFTS CA UNIVERSITY OF REDLANDS 1 CHARITABLE REMAINDER ANNUITY TRUSTS (1) CHARITABLE GIFTS CA UNIVERSITY OF REDLANDS 1 CHARITABLE REMAINDER TRUSTS (4) CHARITABLE GIFTS CA UNIVERSITY OF REDLANDS 1 POOLED INCOME FUND (1) CHARITABLE GIFTS CA UNIVERSITY OF REDLANDS 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0