2017-02-14T08:30:54-06:00 2016-06-30 340677006 Maloney Novotny LLC 1111 Superior Ave Suite 700 Cleveland OH 441142540 990 2015-07-01 314379435 CAPITAL UNIVERSITY CAPI 6142366813 1 COLLEGE AND MAIN COLUMBUS OH 43209 DR MICHAEL HORAN VP,BUSINESS&FINANCE 6142366813 2017-02-08 1 Christopher B Anderson P00226559 2163630100 2015 2021-01-29 14:40:06Z DENVY A BOWMAN 1 COLLEGE AND MAIN COLUMBUS OH 43209 129876282 0 X WWW.CAPITAL.EDU X 1830 OH TRANSFORMING LIVES THROUGH HIGHER EDUCATION AND PROVIDING PERSONAL GROWTH BY ENCOURAGING, ENABLING AND CELEBRATING LEARNING; PREPARE INDIVIDUALS TO BE CRITICAL THINKERS; INSPIRE INDIVIDUALS TO BE MORALLY REFLECTIVE. 36 32 1968 35 915 0 6475702 7444040 110117049 112065736 6432348 6177753 14026 -15452 123039125 125672077 46957856 50609579 0 0 44113952 44057919 0 0 1979335 26786674 27710665 117858482 122378163 5180643 3293914 223264480 220012608 49248318 51116168 174016162 168896440 X TRANSFORMING LIVES THROUGH HIGHER EDUCATION AND PROVIDING PERSONAL GROWTH BY ENCOURAGING, ENABLING AND CELEBRATING LEARNING; PREPARE INDIVIDUALS TO BE KNOWLEDGEABLE, INDEPENDENT, CRITICAL THINKERS; INSPIRE INDIVIDUALS TO BE MORALLY REFLECTIVE, SPIRITUALLY ALIVE AND CIVICALLY ENGAGED. 0 0 78725202 46775814 81477804 CAPITAL UNIVERSITY PROVIDES ACADEMIC OPPORTUNITIES TO 2,765 STUDENTS IN ITS UNDERGRADUATE PROGRAMS. THE UNIVERSITY OFFERS FOUR UNDERGRADUATE DEGREES WITH MORE THAN 70 MAJORS, TAUGHT BY APPROXIMATELY 160 FULL-TIME GRADUATE AND UNDERGRADUATE FACULTY. MORE THAN 2,650 STUDENTS RECEIVE INSTITUTIONAL FINANCIAL ASSISTANCE IN THE FORM OF SCHOLARSHIPS AND GRANTS. SINCE CAPITAL IS IN A METROPOLITAN SETTING IN THE COLUMBUS SUBURB OF BEXLEY, STUDENTS ENJOY MANY ACADEMIC, CULTURAL, RECREATIONAL AND SOCIAL ACTIVITIES. THE ACADEMIC EXPERIENCE AT CAPITAL INCLUDES A RICH VARIETY OF INTERNSHIPS AND EDUCATIONAL OPPORTUNITIES FOR STUDENTS IN COOPERATION WITH NATIONAL CORPORATIONS, HEALTH AND NON-PROFIT AGENCIES AND GOVERNMENTAL OFFICES. 18373607 0 14952047 PUBLIC SERVICE AND INSTITUTIONAL SUPPORT. 15991387 3638553 15684370 CAPITAL UNIVERSITY PROVIDES ACADEMIC OPPORTUNITIES TO 700 STUDENTS IN ITS GRADUATE DEGREE PROGRAMS. THE UNIVERSITY OFFERS SEVEN GRADUATE DEGREES IN LAW, TAXATION, BUSINESS, NURSING, MUSIC AND EDUCATION. MORE THAN 310 GRADUATE STUDENTS RECEIVE INSTITUTIONAL FINANCIALASSISTANCE IN THE FORM OF SCHOLARSHIPS AND GRANTS. IN ADDITION TO THE GRADUATE PROGRAMS HOUSED ON THE MAIN CAMPUS IN THE SUBURB OF BEXLEY, THE CAPITAL UNIVERSITY LAW SCHOOL IS LOCATED IN DOWNTOWN COLUMBUS, PROVIDING STUDENTS THE PROSPECT OF ENHANCING THEIREDUCATION THROUGH INTERNSHIPS AND OTHER OPPORTUNITIES WITH FEDERAL, STATE AND COUNTY AGENCIES AND WITH LAW FIRMS IN OHIO'S CAPITAL CITY. 113090196 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 5061 0 1 1968 1 1 1 0 0 0 0 0 0 0 0 0 X 36 32 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X TONI STREIT 6142366292 1 COLLEGE AND MAIN COLUMBUS OH 432092394 Michelle Adams Trustee 2.00 X 0 0 0 Mike Crane Trustee 2.00 X 0 0 0 Dan Creekmur Trustee 2.00 X 0 0 0 Suzanne Dillahunt Trustee 2.00 X 0 0 0 Denny Freudeman Trustee 2.00 X 0 0 0 Bonnie Gerber Trustee 2.00 X 0 0 0 Bill Haueisen Chair 2.00 X X 0 0 0 James Havens Trustee 2.00 X 0 0 0 Todd Henry Trustee 2.00 X 0 0 0 Susan Jablonski Trustee 2.00 X 0 0 0 Belinda Jones Trustee 2.00 X 0 0 0 Jean Kohler Trustee 2.00 X 0 0 0 Michael Lancaster Trustee 2.00 X 0 0 0 Ann Leak Trustee 2.00 X 0 0 0 Richard Lombardi Trustee 2.00 X 0 0 0 Ted Long Trustee 2.00 X 0 0 0 Lee Anne Lowman Trustee 2.00 X 0 0 0 Carol McWilliams Trustee 2.00 X 0 0 0 Bernie Ostrowski Vice Chair 2.00 X X 0 0 0 John Phillips Secretary 2.00 X X 0 0 0 Andre Porter Trustee 2.00 X 0 0 0 Jacqueline Primeau Trustee 2.00 X 0 0 0 Gary Qualmann Trustee 2.00 X 0 0 0 Harry Raduege Trustee 2.00 X 0 0 0 Donna Smith Trustee 2.00 X 0 0 0 Ron St Pierre Trustee 2.00 X 0 0 0 W Curtis Stitt Trustee 2.00 X 0 0 0 EJ Thomas Trustee 2.00 X 0 0 0 Patsy Thomas Trustee 2.00 X 0 0 0 John Walker Trustee 2.00 X 0 0 0 Kathy Wolfgram Trustee 2.00 X 0 0 0 Moritz Ziegler Trustee 2.00 X 0 0 0 Richard Hartmann Trustee 2.00 X 0 0 0 Steve Wachtman Trustee 2.00 X 0 0 0 June Fryman Trustee 2.00 X 0 0 0 Denvy Bowman President 50.00 X X 378119 0 34299 Richard Ashbrook Provost&VP-Acad.&Student A 50.00 X 236976 0 41783 Tanya Poteet Asst.Secretary/Univ.Counsel 50.00 X 188507 0 39195 Jennifer Patterson Interim VP of Advancement 50.00 X 195670 0 36571 Michael Horan VP-Bus.&Finance;Treasurer 50.00 X 195925 0 34420 Amy Adams Interim VP of Enrollment 50.00 X 161686 0 28886 Rachel Janutis Interim Dean of Law School 50.00 X 182799 0 31489 Dan Turack Faculty 50.00 X 197664 0 38268 Mark Brown Faculty 50.00 X 195832 0 32624 Jack Guttenberg Faculty 50.00 X 193956 0 38146 Mark Strasser Faculty 50.00 X 182582 0 40506 Stanton Darling Faculty 50.00 X 318497 0 24542 Betty Lovelace Former Assoc.VP-Acad.&Stu. 50.00 X 143209 0 924 2771422 0 421653 38 1 1 0 TURNER CONSTRUCTION 262 HANOVER STREET COLUMBUS OH 43215 CONSTRUCTION 2664132 ARAMARK SERVICES 1902 PROGRESS AVENUE COLUMBUS OH 43207 DINING/FOOD SERVICE 2206375 AETNA BUILDING MAINTENANCE PO BOX 636290 CINCINNATI OH 45263 CUSTODIAL SERVICES 1705120 PARKHURST DINING SERVICES PO BOX 644091 PITTSBURGH PA 15264 DINING/FOOD SERVICE 1696670 BOSTWICK DESIGN PARTNERSHIP INC 2729 PROSPECT AVENUE EAST CLEVELAND OH 44115 DESIGN SERVICES 854782 13 13605 1574763 5855672 517294 7444040 EDUCATIONAL PROGRAMS-UNDERGRAD. 611710 81477804 81477804 EDUCATIONAL PROGRAMS-GRADUATE 611710 15684370 15684370 AUXILIARIES 611710 14064303 14064303 GENERAL EDUCATIONAL PROGRAMS 611710 737560 737560 BOOKSTORE REVENUE 451211 101699 101699 112065736 2077920 915 2077005 181133 243865 -62732 -62732 -62732 7343564 714694 3663207 295218 3680357 419476 4099833 4099833 710 13605 1915 -1205 -1205 MISCELLANEOUS REVENUE 611710 48485 48485 48485 125672077 112114221 915 6112901 50414367 50414367 195212 195212 1356884 1221196 135688 30994391 26898527 2988725 1107139 2365344 2041872 226875 96597 7035438 6085361 676151 273926 2305862 1984884 220543 100435 7046 7046 64702 64702 334952 334952 8070551 7161177 795686 113688 435128 390715 43413 1000 2740107 2362620 262514 114973 1149233 1034310 114923 3155566 2840009 315557 1358697 1116811 124090 117796 1600032 1391626 154625 53781 355639 320075 35564 7159544 6443590 715954 585676 527108 58568 ALLOW.-DOUBTFUL ACCTS. 363230 363230 OTHER INDIRECT COSTS 330562 297506 33056 122378163 113090196 7308632 1979335 16320637 10638337 2063542 1190404 7494033 7044911 71927 51209 1200009 1040699 205573931 97196863 100479697 108377068 77524405 74239757 11913430 11720830 6196800 5709393 223264480 220012608 8638231 12132159 3257228 3234096 28490600 27415600 73967 71009 8788292 8263304 49248318 51116168 X 108656967 102336054 19829433 18641061 45529762 47919325 174016162 168896440 223264480 220012608 X 3293914 -8437933 24297 X 0 1 X 1 1 1 X 5502365 4725342 6276781 6475702 7444040 30424230 5502365 4725342 6276781 6475702 7444040 30424230 4263378 26160852 2879131 2370275 2630140 2530354 2258138 12668038 2053 3113 915 6081 5554 5020 5880 680 710 17844 43116193 553256269 0.60680 0.60910 X Schedule A, Part II, Line 10, Explanation of Other Income: FUNDRAISING REVENUE - 2011 Amount: $ 5,554. 2012 Amount: $ 5,020. 2013 Amount: $ 5,880. 2014 Amount: $ 680. 2015 Amount: $ 710. PUBLIC SUPPORT TEST - PART II: THE UNIVERSITY HAS COMPLETED PART II TO DEMONSTRATE THAT IT PASSES THE SECTION 509(a)(1) PUBLIC SUPPORT TEST AND THEREFORE QUALIFIES TO USE THE SPECIAL RULE FOR REDUCED REPORTING OF DONOR INFORMATION ON SCHEDULE B. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1722988 X X X 0 71699084 3841107 -1866480 1758723 1080384 146086 70688518 74031467 1351184 -669823 1800593 963581 249570 71699084 65904126 1189464 9786431 1691304 916898 240352 74031467 60643137 1145041 6775100 1557511 869667 231974 65904126 61948819 1037798 278487 1131776 1268652 221539 60643137 0.20110 0.62790 0.17100 1 0 11587307 11587307 86948579 46621295 40327284 34867944 14164693 20703251 47155278 31176983 15978295 25014823 5233892 19780931 108377068 REAL ESTATE 13701 C HEDGE FUNDS 7174004 F PRIVATE EQUITY FUNDS 4533125 F 11720830 AGENCY FUNDS HELD FOR OTHERS 247302 ADVANCES FROM GOVT-STUDENT LOANS 5793030 ANNUITIES PAYABLE 808782 POSTRETIREMENT BENEFIT OBLIGATIONS 1414190 8263304 X 67029578 -8437933 409057 -8028876 75058454 334952 50278671 50613623 125672077 72149300 243865 243865 71905435 334952 50137776 50472728 122378163 Part III, Line 4: DESCRIPTION OF ART COLLECTIONS - THE COLLECTION CONSISTS OF A WIDE-RANGE OF ARTWORK COVERING MORE THAN 2,000 YEARS FROM MANY CULTURES AND MEDIUMS. THE MISSION OF THE GALLERY IS TO PROMOTE USE AS AN INTEGRAL PART OF THE TEACHING MISSION OF THE UNIVERSITY AND TO CONTRIBUTE TO INTELLECTUALLY STIMULATING, CREATIVE CULTURE ENVIRONMENT FOR THE UNIVERSITY AND THE COMMUNITY. Part V, Line 4: INTENDED USE OF ENDOWMENT FUNDS - ENDOWMENT FUNDS PROVIDE SUPPORT FOR STUDENT SCHOLARSHIPS, SUPPORT FOR GENERAL OPERATIONS, AND SUPPORT FOR SPECIFIC PROGRAMS IDENTIFIED BY DONORS. Part X, Line 2: FIN 48 (ASC 740) FOOTNOTE - THE INTERNAL REVENUE SERVICE HAS RULED THAT CAPITAL UNIVERSITY IS A TAX-EXEMPT EDUCATIONAL INSTITUTION UNDER SECTION 501(a) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(c)(3). ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PRESCRIBE RECOGNITION THRESHOLDS AND MEASUREMENT ATTRIBUTES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TAX BENEFITS WILL BE RECOGNIZED ONLY IF A TAX POSITION IS MORE-LIKELY-THAN-NOT SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED WILL BE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT WILL BE RECORDED. MANAGEMENT HAS CONCLUDED THAT THEY ARE UNAWARE OF ANY TAX BENEFITS OR LIABILITIES TO BE RECOGNIZED AT JUNE 30, 2016 OR 2015. THE UNIVERSITY WOULD RECOGNIZE INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST AND INCOME TAX EXPENSE, RESPECTIVELY. THE UNIVERSITY HAS NO AMOUNTS ACCRUED FOR INTEREST OR PENALTIES FOR THE YEAR ENDED JUNE 30, 2016 OR 2015. THE UNIVERSITY IS NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2013. THE UNIVERSITY DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. Part XI, Line 2d - Other Adjustments: RENTAL EXPENSES NETTED WITH REVENUE ON FORM 990, PART VIII, LINE 6 243,865. POSTRETIREMENT BENEFIT OBLIGATION RELATED CHANGES OTHER THAN PERIODIC COSTS 163,277. FUNDRAISING EVENTS EXPENSES NETTED WITH REVENUE ON FORM 990,PART VIII,LINE 8 1,915. Part XI, Line 4b - Other Adjustments: STUDENT FINANCIAL AID EXPENSE 50,137,776. ACTUARIAL CHANGE IN ANNUITY LIABILITY 83,395. NET LOSS ON UNCOLLECTIBLE PLEDGES 57,500. Part XII, Line 2d - Other Adjustments: RENTAL EXPENSES NETTED WITH REVENUE ON FORM 990, PART VIII, LINE 6 243,865. Part XII, Line 4b - Other Adjustments: STUDENT FINANCIAL AID EXPENSE 50,137,776. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 NON-DISCRIMINATORY LANGUAGE IS PUBLISHED IN THE ADMISSION VIEW BOOK, THE VARIOUS STUDENT BULLETINS, AND IN ALL MAJOR UNIVERSITY PUBLICATIONS AIMED TO THE STUDENT/PARENT AUDIENCE. Schedule E, Part I, Line 6 THE UNIVERSITY RECEIVES FINANCIAL ASSISTANCE FROM THE U.S. GOVERNMENT IN CONNECTION WITH PERKINS STUDENT LOANS, NURSING STUDENT LOANS, COLLEGE WORK-STUDY, PELL GRANTS AND SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAMS. CAPITAL UNIVERSITY ALSO RECEIVES SUPPORT FROM THE STATE OF OHIO FOR SIMILAR AID PROGRAMS. 1 Central America and the Caribbean 0 0 INVESTMENTS 11707129 Central America and the Caribbean 0 2 PROGRAM SERVICES STUDY ABROAD 32000 Central America and the Caribbean 0 0 PROGRAM SERVICES TRAVEL AND RESEARCH 1308 East Asia and the Pacific 0 0 PROGRAM SERVICES STUDY ABROAD 13000 East Asia and the Pacific 0 0 PROGRAM SERVICES TRAVEL AND RESEARCH 1222 Europe (Including Iceland & Greenland) 0 0 PROGRAM SERVICES STUDY ABROAD 98542 Europe (Including Iceland & Greenland) 0 0 PROGRAM SERVICES TRAVEL AND RESEARCH 18631 North America 0 0 PROGRAM SERVICES TRAVEL AND RESEARCH 5268 Russia and Neighboring States 0 0 PROGRAM SERVICES TRAVEL AND RESEARCH 1484 South America 0 0 PROGRAM SERVICES STUDY ABROAD 22295 South America 0 0 PROGRAM SERVICES TRAVEL AND RESEARCH 8800 South Asia 0 0 PROGRAM SERVICES TRAVEL AND RESEARCH 1649 Sub-Saharan Africa 0 0 PROGRAM SERVICES STUDY ABROAD 29375 0 2 0 0 0 2 11877100 63603 11940703 FINANCIAL AID FOR STUDY ABROAD PROGRAMS Central America and the Caribbean 2 32000 CHECK FINANCIAL AID FOR STUDY ABROAD PROGRAMS East Asia and the Pacific 1 13000 CHECK FINANCIAL AID FOR STUDY ABROAD PROGRAMS Europe (Including Iceland & Greenland) 8 98542 CHECK FINANCIAL AID FOR STUDY ABROAD PROGRAMS South America 2 22295 CHECK FINANCIAL AID FOR STUDY ABROAD PROGRAMS Sub-Saharan Africa 2 29375 CHECK 1 0 1 1 0 0 Part I, Line 2: MONITORING USE OF GRANT FUNDS - ALL STUDENTS ELECTING TO PARTICIPATE IN A STUDY ABROAD PROGRAM ARE AWARDED FINANCIAL AID GRANTS AND OTHER AID BASED ON THE COST OF ATTENDANCE AND FEDERAL NEED CALCULATIONS. ALL GRANTS FUNDS TO SUPPORT THESE STUDENTS ARE REMITTED DIRECTLY TO THE HOST INSTITUTION TO BE APPLIED TO THE STUDENTS' PROGRAM CHARGES. PART I, LINE 3 - METHOD OF ACCOUNTING FOR EXPENDITURES: THE UNIVERSITY USES THE ACCRUAL METHOD OF ACCOUNTING IN REPORTING THE EXPENDITURES IN PART I, LINE 3 FOR ALL REGIONS. 1 ENDOWED SCHOLARSHIPS - UNDERGRADUATE 475 1166624 INSTITUTIONAL RESTR.SCHOLARSHIPS-UNDERGRADUATE 87 133153 MUSIC SCHOLARSHIPS - UNDERGRADUATE 219 2859215 COLLEGIATE FELLOWSHIP AWARDS - UNDERGRADUATE 36 1104603 PRESIDENTIAL SCHOLARSHIPS - UNDERGRADUATE 1916 20594555 GRANT IN AID&OTHER INST.AID-UNDERGRADUATE 2308 20917664 ENDOWED SCHOLARSHIPS - GRADUATE 29 172013 INSTITUTIONAL RESTR.SCHOLARSHIPS - GRADUATE 11 18000 GRANT IN AID&OTHER INST.AID-GRADUATE 270 3448540 Part I, Line 2: MONITORING USE OF GRANT FUNDS - THE UNIVERSITY AWARDS FINANCIAL AID GRANTS ONLY TO ENROLLED STUDENTS. GRANTS ARE CREDITED TO THE RECIPIENTS' ACCOUNTS FOR TUITION, FEES, ROOM AND BOARD. X X X 0 1 X X X 1 0 0 0 0 0 0 0 0 Denvy Bowman President 335837 0 0 0 42282 0 23848 0 10451 0 412418 0 0 0 Richard Ashbrook Provost&VP-Acad.&Student A 233206 0 0 0 3770 0 21554 0 20229 0 278759 0 0 0 Tanya Poteet Asst.Secretary/Univ.Counsel 186042 0 0 0 2465 0 17030 0 22165 0 227702 0 0 0 Jennifer Patterson Interim VP of Advancement 193699 0 0 0 1971 0 17820 0 18751 0 232241 0 0 0 Michael Horan VP-Bus.&Finance;Treasurer 192585 0 0 0 3340 0 17813 0 16607 0 230345 0 0 0 Amy Adams Interim VP of Enrollment 159634 0 0 0 2052 0 14680 0 14206 0 190572 0 0 0 Rachel Janutis Interim Dean of Law School 181445 0 0 0 1354 0 16618 0 14871 0 214288 0 0 0 Dan Turack Faculty 195044 0 0 0 2620 0 18039 0 20229 0 235932 0 0 0 Mark Brown Faculty 194052 0 0 0 1780 0 17753 0 14871 0 228456 0 0 0 Jack Guttenberg Faculty 191192 0 0 0 2764 0 17917 0 20229 0 232102 0 0 0 Mark Strasser Faculty 180087 0 0 0 2495 0 16398 0 24108 0 223088 0 0 0 Stanton Darling Faculty 132175 0 0 0 186322 0 11057 0 13485 0 343039 0 0 0 Betty Lovelace Former Assoc.VP-Acad.&Stu. 0 0 0 0 143209 0 0 0 924 0 144133 0 0 0 Part I, Line 1a BENEFITS OFFERED TO CERTAIN EMPLOYEES - TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: THE PRESIDENT OF THE UNIVERSITY, DENVY BOWMAN, RECEIVES AN AUTOMOBILE AND PHONE ALLOWANCE. OFFICERS, FORMER OFFICERS, OR KEY EMPLOYEES WHO RECEIVE A PHONE ALLOWANCE INCLUDE RICHARD ASHBROOK, MICHAEL HORAN, RACHEL JANUTIS, TANYA POTEET, AND KEVIN SAYERS. ALL ALLOWANCES ARE TREATED AS TAXABLE COMPENSATION AND ARE GROSSED-UP PAYMENTS. HOUSING ALLOWANCE: THE PRESIDENT OF THE UNIVERSITY RECEIVES A HOUSING ALLOWANCE. THIS ALLOWANCE IS TREATED AS TAXABLE COMPENSATION. HEALTH OR SOCIAL CLUB DUES: THE UNIVERSITY PROVIDES A SOCIAL CLUB MEMBERSHIP TO THE PRESIDENT. THIS PROVIDES A FACILITY FOR HOSTING UNIVERSITY-RELATED EVENTS AND, AS SUCH, IS NOT TREATED AS TAXABLE COMPENSATION SINCE IT IS USED STRICTLY FOR BUSINESS PURPOSES. Part I, Line 1b WRITTEN POLICY FOR EXPENSES - CAPITAL UNIVERSITY DOES NOT HAVE A POLICY THAT CLEARLY STATES WHO IS ELIGIBLE FOR EXTRA ALLOWANCES - PHONE, HOUSING, AUTOMOBILE, ETC. THE OFFICE OF BUSINESS AND FINANCE PROVIDES HR/PAYROLL WITH THE ORIGINAL LIST OF THOSE WHO SHOULD RECEIVE THE PHONE ALLOWANCE. SUPERVISORS THEN INCLUDE LANGUAGE ON THE REQUESTS TO HIRE FORMS IF A PHONE ALLOWANCE SHOULD BE INCLUDED FOR NEW EMPLOYEES. THE PRESIDENT'S CONTRACT DOES INCLUDE SPECIFIC LANGUAGE THAT SPEAKS TO THE ADDITIONAL ALLOWANCES OFFERED TO HIM (I.E., AUTOMOBILE, HOUSING, CLUB). Part I, Line 4a VOLUNTARY RETIREMENT AGREEMENT PAYMENTS - ONE FORMER OFFICER RECEIVED A PAYMENT OF $144,133 AND ONE HIGHLY COMPENSATED EMPLOYEE RECEIVED A PAYMENT OF $184,278 IN CONNECTION WITH THE UNIVERSITY'S VOLUNTARY RETIREMENT PROGRAM. A OHIO HIGHER EDUCATIONAL FACILITIES COMMISSION 346849674 2013-04-26 3970000 REPAYMENT OF LOAN ON CAP.UNIV.APTS. 0 0 0 B OHIO HIGHER EDUCATIONAL FACILITIES COMMISSION 346849674 2015-05-27 30780000 CONSTRUCTION&PAY-OFF 2006 BONDS 0 0 0 A 380000 3970000 3908817 61183 1 0 1 1 B 955000 24780600 95600 24685000 5999400 2016 1 0 0 1 A 0 0 0 0 0 0 1 B 0 1 0 0 0 0 1 A 0 0 0 0 1 0 0 0 1 B 0 1 0 0 1 1 PNC BANK 7.000000000000 0 0 0 0 1 A 1 B 1 SEE PART V 18340 TUITION GRANTS EDUC.ASSISTANCE SEE PART V 29880 TUITION GRANTS EDUC.ASSISTANCE SEE PART V 28320 TUITION GRANTS EDUC.ASSISTANCE PART III - GRANTS BENEFITING INTERESTED PERSONS: EDUCATIONAL ORGANIZATIONS ARE NOT REQUIRED TO IDENTIFY INTERESTED PERSONS TO WHOM THEY PROVIDED SCHOLARSHIPS, FELLOWSHIPS, AND SIMILAR FINANCIAL ASSISTANCE PURSUANT TO THE INSTRUCTIONS FOR FORM 990, SCHEDULE L. AS SUCH, COLUMNS (A) AND (B) HAVE BEEN LEFT BLANK IN PART III. X 3 69000 FMV X 10 187275 FMV X 1 250000 ADJ.FMV X GIFT CARDS,CERTIF.,MERCH. 6 6990 COST X MUSIC, INSTRUMENTS 3 3496 MARKET VALUE X TRAVEL EXPENSES 1 533 COST 1 0 1 1 Part I, Line 32b: USE OF THIRD PARTIES - THE UNIVERSITY USES SECURITIES BROKERS TO SELL DONATED SECURITIES. THE FEES PAID TO THE BROKERS ARE AT OR BELOW FAIR MARKET VALUE. Form 990, Part VI, Section A, line 1 DELEGATION OF BROAD AUTHORITY TO A COMMITTEE - PER THE UNIVERSITY'S BYLAWS, ARTICLE XVI, SECTION 2 (IN PART), THE EXECUTIVE COMMITTEE SHALL HAVE THE AUTHORITY TO ACT FOR THE BOARD OF TRUSTEES ON ALL MATTERS EXCEPT FOR THE FOLLOWING, WHICH SHALL BE RESERVED FOR THE BOARD: PRESIDENTIAL SELECTION AND TERMINATION; TRUSTEE AND BOARD-OFFICER ELECTION; CHANGES IN INSTITUTIONAL MISSION AND PURPOSES; CHANGES TO THE CHARTER OR ARTICLES OF INCORPORATION; INCURRING OF CORPORATE INDEBTEDNESS; SALE OF UNIVERSITY ASSETS OR TANGIBLE PROPERTY; ADOPTION OF THE ANNUAL BUDGET; AND CONFERRAL OF DEGREES. THE EXECUTIVE COMMITTEE SHALL REPORT ANY ACTION IT TAKES TO THE BOARD. THESE BYLAWS OR OTHER BOARD POLICIES MAY RESERVE OTHER POWERS FOR THE BOARD OF TRUSTEES. IN ADDITION TO ITS AUTHORITY TO TAKE ACTION ON EMERGENCY MATTERS THAT CANNOT OR SHOULD NOT BE DEFERRED TO THE BOARD'S NEXT SCHEDULED MEETING, THE EXECUTIVE COMMITTEE SHALL OVERSEE THE WORK OF BOARD COMMITTEES AND THE UNIVERSITY'S PLANNING PROCESS AND PROGRESS ON PLANNING GOALS. Form 990, Part VI, Section B, line 11 REVIEW OF FORM 990 - FORM 990 IS REVIEWED BY MANAGEMENT AND PRESENTED TO THE MEMBERS OF THE AUDIT COMMITTEE BY THE OUTSIDE PUBLIC ACCOUNTING FIRM ON FEBRUARY 3, 2017. AFTER REVIEW BY THE AUDIT COMMITTEE, EACH BOARD MEMBER IS PROVIDED A FULL COPY OF THE RETURN PRIOR TO ITS ELECTRONIC FILING WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Section B, line 12c MONITORING AND ENFORCEMENT OF CONFLICT POLICY - THE CONFLICT OF INTEREST POLICY COVERS TRUSTEES AND OFFICERS (ALL UNIVERSITY OFFICERS, KEY EMPLOYEES, AND BUDGET MANAGERS). THE POLICY REQUIRES TRUSTEES AND OFFICERS TO ACT IN THE BEST INTERESTS OF THE UNIVERSITY, SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY, AND FULLY DISCLOSE ANY CONFLICT. POTENTIAL CONFLICTS ARE REVIEWED AT THE LEVEL OF THE GOVERNANCE COMMITTEE OF THE BOARD OF TRUSTEES, WHICH MAY CONSULT WITH OTHER COMMITTEES OF THE BOARD IF NECESSARY. IF A CONFLICT EXISTS, THE PERSON WITH THE CONFLICT MUST ABSTAIN FROM INFLUENCING, DELIBERATING OR VOTING ON THE MATTER, AND THE ACTION OR TRANSACTION MUST BE DOCUMENTED AS BEING CLEARLY IN THE BEST INTEREST OF THE UNIVERSITY. Form 990, Part VI, Section B, line 15 COMPENSATION REVIEW OF TOP MANAGEMENT OFFICIAL - THE COMPENSATION COMMITTEE OF THE BOARD REVIEWS THE PRESIDENT'S GOALS, ACCOMPLISHMENTS, AND EVALUATION OF PERFORMANCE. THE BOARD ALSO REFERENCES COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA-HR) DATA, EVANGELICAL LUTHERAN CHURCH OF AMERICA (ELCA) PRESIDENTIAL SURVEY AND OTHER SALARY SURVEYS FOR GUIDANCE ON SALARIES FOR LIKE INSTITUTIONS. THIS PROCESS IS FORMALLY DOCUMENTED AND WAS LAST UNDERTAKEN DURING THE CURRENT FISCAL YEAR-END. COMPENSATION REVIEW OF OTHER EMPLOYEES - THE COMPENSATION COMMITTEE OF THE BOARD REVIEWS FORMAL EVALUATIONS DONE BY THE PRESIDENT FOR ALL VICE-PRESIDENTS. THE COMMITTEE REVIEWS GOALS, ACCOMPLISHMENTS, THE PRESIDENT'S RECOMMENDATIONS, AND CUPA-HR SALARY SURVEY DATA TO DETERMINE THE APPROPRIATE SALARIES TO BE GIVEN. THE PROCESS IS FORMALLY DOCUMENTED AND WAS LAST UNDERTAKEN DURING THE CURRENT FISCAL YEAR-END. Form 990, Part VI, Section C, line 19 AVAILABILITY OF DOCUMENTS - A COPY OF THE AUDITED FINANCIAL STATEMENTS IS POSTED ON THE UNIVERSITY'S WEBSITE AS SOON AS APPROVED BY THE BOARD OF TRUSTEES. THE CONFLICT OF INTEREST POLICY IS POSTED ON THE HR HOMEPAGE. THE BYLAWS ARE POSTED ON THE HR HOMEPAGE AND THE UNIVERSITY'S WEBPAGE. NO OTHER DOCUMENTS ARE AVAILABLE TO THE PUBLIC. Form 990, Part XI, line 9: POSTRETIREMENT BENEFIT OBLIGATION ADJUSTMENT 163,277. ACTUARIAL CHANGE IN ANNUITY LIABILITY AND MATURITIES -83,395. NET LOSS ON UNCOLLECTIBLE PLEDGES -57,500. FUNDRAISING EVENTS EXPENSES 1,915. CHARITABLE REMAINDER TRUSTS (5) INVESTMENTS OH N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0