2016-05-16T09:44:13-05:00 2015-06-30 MALONEY NOVOTNY LLC 1111 SUPERIOR AVENUE SUITE 700 CLEVELAND OH 44114 990 2014-07-01 314379459 DENISON UNIVERSITY % CATHY UNTIED CONTROLLER DENI 7405876679 PO BOX 810 GRANVILLE OH 43023 DAVID ENGLISH VP-FINANCE & MANAGEMENT 7405876679 2016-05-12 true CHRISTOPHER B ANDERSON P00226559 2163630100 2014 2016-08-17 19:52:53Z ADAM S WEINBERG PRESIDENT PO BOX 810 GRANVILLE OH 43023 327613754 false X WWW.DENISON.EDU X 1832 OH THROUGH AN EMPHASIS ON ACTIVE LEARNING, DENISON UNIVERSITY ENGAGES STUDENTS IN THE LIBERAL ARTS, WHICH FOSTERS SELF-DETERMINATION AND THE TRANSFORMATIVE POWER OF EDUCATION. 37 37 2744 2000 1135782 1053945 13219714 34530972 119904971 125047715 59121233 67585194 1007687 1165286 193253605 228329167 52663657 57641158 0 0 61859793 64283033 0 0 3105211 48377565 49478139 162901015 171402330 30352590 56926837 1167619796 1172062887 216474295 189384342 951145501 982678545 X OUR PURPOSE IS TO INSPIRE AND EDUCATE OUR STUDENTS TO BECOME AUTONOMOUS THINKERS, DISCERNING MORAL AGENTS AND ACTIVE CITIZENS OF A DEMOCRATIC SOCIETY. THROUGH AN EMPHASIS ON ACTIVE LEARNING, WE ENGAGE STUDENTS IN THE LIBERAL ARTS, WHICH FOSTERS SELF-DETERMINATION AND DEMONSTRATES THE TRANSFORMATIVE POWER OF EDUCATION. WE ENVISION OUR STUDENTS' LIVES AS BASED UPON RATIONAL CHOICE, A FIRM BELIEF IN HUMAN DIGNITY AND COMPASSION UNLIMITED BY CULTURAL, RACIAL, SEXUAL, RELIGIOUS OR ECONOMIC BARRIERS, AND DIRECTED TOWARD AN ENGAGEMENT WITH THE CENTRAL ISSUES OF OUR TIME. OUR CURRICULUM BALANCES BREADTH WITH DEPTH, BUILDING ACADEMIC SPECIALIZATION UPON A LIBERAL ARTS FOUNDATION IN THE ARTS, THE SCIENCES, THE SOCIAL SCIENCES AND THE HUMANITIES. RESPONSIVE TO NEW WAYS OF LEARNING, WE CONTINUE TO DEVELOP INTERDISCIPLINARY INTEGRATION OF THE MANY FORMS OF KNOWLEDGE. WHILE OUR STUDENTS PURSUE SPECIALIZED LEARNING IN THEIR CHOSEN MAJORS, THEY ALSO DEVELOP THE FRAMEWORK FOR AN INTEGRATED INTELLECTUAL false false 154173668 57641158 124565875 DENISON UNIVERSITY PROVIDES UNDERGRADUATE PROGRAMS OF INSTRUCTION TO APPROXIMATELY 2,225 STUDENTS. STUDENTS ARE OFFERED MORE THAN 48 MAJORS, CONCENTRATIONS AND PROGRAMS OF STUDY. SCHOLARSHIPS AND GRANTS ARE PROVIDED BASED ON MERIT AND ECONOMIC NEED. THE UNIVERSITY ALSO PROVIDES SERVICES TO STUDENTS INCLUDING COUNSELING AND PROGRAMS IN THE AREAS OF ADMISSIONS, STUDENT AID, STUDENT EMPLOYMENT, STUDENT ACTIVITIES, REGISTRATION, AND STUDENT LIFE. 154173668 true true false false false false false true false true true true false false true true false true true false true false true false false false false false true true true false false false false false false false false false false true true false false true true true true false false true 711 0 true 2744 true true true false false false false false false false false false X 37 37 false false false false false false false true false false false true true true true true false true true false OH X CATHY UNTIED CONTROLLER 7405876679 DENISON UNIVERSITY PO BOX 810 GRANVILLE OH 43023 James L Anderson Trustee 1.0 0.0 X 0 0 0 Caitlyn Battaglia Trustee 1.0 0.0 X 0 0 0 Robert Bennett Trustee 1.0 0.0 X 0 0 0 George Bodenheimer Trustee 1.0 0.0 X 0 0 0 Cynthia Ooten Booth Trustee 1.0 0.0 X 0 0 0 Susan V Booth Trustee 1.0 0.0 X 0 0 0 Daniel J Brickman Trustee 1.0 0.0 X 0 0 0 Walter F Burke Trustee 1.0 0.0 X 0 0 0 Jill Goubeaux Clark Trustee 1.0 0.0 X 0 0 0 Janet Crown Trustee 1.0 0.0 X 0 0 0 Paul A Dimitruk Trustee 1.0 0.0 X 0 0 0 J Martin Erbaugh Trustee 1.0 0.0 X 0 0 0 John V Faraci Jr Chair of the Board 1.0 0.0 X 0 0 0 Jeremy J Flug Trustee 1.0 0.0 X 0 0 0 Kristen Fitzwilliam Giarrusso Trustee 1.0 0.0 X 0 0 0 James T Glerum Jr Trustee 1.0 0.0 X 0 0 0 Matthew J Harrington Trustee 1.0 0.0 X 0 0 0 Dana Hart Vice-Chair of the Board 1.0 0.0 X 0 0 0 Ro Nita Hawes-Saunders Trustee 1.0 0.0 X 0 0 0 Thomas E Hoaglin Trustee 1.0 0.0 X 0 0 0 David J Hooker Trustee 1.0 0.0 X 0 0 0 Paul W Hylbert Trustee 1.0 0.0 X 0 0 0 Amy Judge-Prein Trustee 1.0 0.0 X 0 0 0 Marc B Lautenbach Trustee 1.0 0.0 X 0 0 0 Richard G Lugar Trustee 1.0 0.0 X 0 0 0 Douglas W Mabie Trustee 1.0 0.0 X 0 0 0 Carlos Maciel Neto Trustee 1.0 0.0 X 0 0 0 Jeffrey Masten Trustee 1.0 0.0 X 0 0 0 Amy Todd Middleton Trustee 1.0 0.0 X 0 0 0 William C Mulligan Trustee 1.0 0.0 X 0 0 0 Stephen Polk Trustee 1.0 0.0 X 0 0 0 Lewis A Sachs Trustee 1.0 0.0 X 0 0 0 Gary V Simpson Trustee 1.0 0.0 X 0 0 0 Thomas E Szykowny Trustee 1.0 0.0 X 0 0 0 Jamie K Thorsen Trustee 1.0 0.0 X 0 0 0 R Scott Trumbull Vice-Chair/Treasurer 1.0 0.0 X 0 0 0 Susan D Whiting Trustee 1.0 0.0 X 0 0 0 Adam S Weinberg President 40.0 0.0 X 384448 0 55783 Seth H Patton VP Finance & Mgmt 40.0 0.0 X 251632 0 44574 Julia Beyer Houpt Secretary.VP Advancement 40.0 0.0 X 225183 0 52683 Kimberly A Coplin Provost 40.0 0.0 X 177805 0 42044 Adele N Gorrilla Chief Investment Officer 40.0 0.0 X 607211 0 58236 Perry H Robinson Director of Admissions 40.0 0.0 X 194545 0 37982 Laurel Kennedy VP Student Development 40.0 0.0 X 169427 0 34077 Joan E Krone Professor 40.0 0.0 X 167079 0 43344 David O Woodyard Professor 40.0 0.0 X 163195 0 42566 Anthony J Lisska Professor 40.0 0.0 X 161811 0 43630 Daniel Bonar Professor 40.0 0.0 X 156458 0 42653 Lisa M Bazley Director ITS 40.0 0.0 X 169953 0 24641 Dale T Knobel Former President 40.0 0.0 X 447379 0 52898 3276126 0 575111 59 true true false BON APPETIT MANAGEMENT COMPANY C/O DENISON UNIV PO BOX 810 GRANVILLE OH 43023 FOOD SVC. MANAGEMENT 6559436 LINCOLN CONSTRUCTION INC 4790 SHUSTER ROAD COLUMBUS OH 43214 CONSTRUCTION MGMT. 857269 SPEER MECHANICAL 5255 SINCLAIR RD COLUMBUS OH 43229 MECH.DESIGN&CONSTR. 1451096 ROBERTSON CONSTRUCTION SERVICES IN 1801 THORNWOOD DRIVE HEATH OH 43056 CONSTRUCTION MGMT. 10313008 LAW GENERAL CONTRACTING 9128 MT VERNON RD SAINT LOUISVILLE OH 43071 CONSTRUCTION MGMT. 621902 22 91116 610829 33829027 5686533 34530972 TUITION AND FEES 900099 97628446 97628446 AUXILIARY SERVICES 900099 25165613 25165613 INTEREST - STUDENT LOANS 900099 37571 37571 RECREATION CENTER MEMBERSHIPS 713940 27875 27875 BOOKSTORE 541800 453965 14621 439344 1734245 1734245 125047715 3361378 3361378 0 0 72000 72000 0 72000 72000 163508403 99284587 64223816 64223816 64223816 0 0 0 GAIN FROM PARTNERSHIPS 525990 1093286 1093286 1093286 228329167 124565875 1135782 68096538 0 57030960 57030960 610198 610198 0 2939441 461315 2337674 140452 0 44164121 39042809 3680143 1441169 3729142 3311784 298648 118710 10200924 8761271 1147095 292558 3249405 2741258 403300 104847 5677425 5677425 435985 84032 351953 75925 14634 61291 0 0 1930914 3269 1927645 2234504 1654129 535493 44882 355551 275053 78452 2046 2900386 2542052 113417 244917 1699216 1595778 91414 12024 0 5421036 5264651 120922 35463 2620845 2342092 128809 149944 0 0 6129197 5315554 641126 172517 0 10440865 10065478 262895 112492 385696 204215 181481 HISTORIC GRANVILLE INN 1198043 1198043 EQUIP.RENTAL,REPAIR&MAINT. 1181136 886239 276483 18414 STUDENT PROGRAMS 1058133 982659 75474 LIBRARY RESOURCES 937925 937925 4795357 3170845 1409736 214776 171402330 154173668 14123451 3105211 6800 9705 88377585 63095939 11946794 28259106 784183 765886 0 0 0 0 0 0 502730 467355 843638 646653 404215502 148579943 245302146 255635559 84826878 92573692 716695726 711607222 4004846 4462189 0 0 14328470 14539581 1167619796 1172062887 18705558 18729779 0 0 0 0 169935626 137370801 0 0 0 0 100000 100000 0 0 27733111 33183762 216474295 189384342 X 409976968 414863037 355066795 368965812 186101738 198849696 951145501 982678545 1167619796 1172062887 X 56926837 -21593109 -3800684 X false true X true true true X 14936243 16401465 19238592 13593502 33829027 97998829 0 0 14936243 16401465 19238592 13593502 33829027 97998829 1002928 96995901 5306956 3578925 4739985 4674681 4526664 22827211 0 0 120826040 577790425 0.80277 0.71386 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 801306901 6672152 43743751 9553747 27604176 814564881 693709382 8339324 132232954 9212151 23762608 801306901 646081840 6554929 72974167 8539086 23362468 693709382 673401501 -948304 4934148 8304957 23000548 646081840 574701875 2647651 127297371 8096900 23148496 673401501 0.36311 0.21571 0.42118 true false 2461349 2461349 299864605 84437666 215426939 53923499 40886148 13037351 100000 47866049 23256129 24709920 255635559 HEDGE FUNDS 298341240 F PUBLIC EQUITY FUNDS 127327416 F PRIVATE EQUITY FUNDS 194855348 F REAL ESTATE FUNDS 75335127 F FIXED INCOME FUNDS 15748091 F 711607222 0 LIAB.TO BENEF.-SPLIT INT.AGREEMENTS 3826801 DISC.FOR FUTURE INT.-LIFE INC.AGREE 1270472 LIAB.FOR POST-RETIRE.HEALTH BEN 25360167 REFUNDABLE ADVANCES-PERKINS LOANS 2062000 REFUNDABLE ADVANCES-SCHELL FDN LOAN 346050 REVOCABLE CHAR.REMAINDER TRUSTS 318272 33183762 X 154121412 -21593109 -51256615 -72849724 226971136 2583536 -1225505 1358031 228329167 123156868 1225505 1225505 121931363 2583536 46887431 49470967 171402330 ART COLLECTION FINANCIAL STATEMENT FOOTNOTE - PART III, LINE 1A: ART COLLECTION - THE UNIVERSITY'S MUSEUM AND LIBRARY HOUSE NUMEROUS WORKS OF ART, HISTORICAL TREASURES, LITERARY WORKS AND ARTIFACTS. THESE COLLECTIONS ARE PROTECTED FOR PUBLIC EXHIBITION, EDUCATION AND RESEARCH. THEY ARE NEITHER DISPOSED OF FOR FINANCIAL GAIN NOR ENCUMBERED IN ANY MANNER. ACCORDINGLY, SUCH COLLECTIONS ARE NOT RECORDED FOR FINANCIAL STATEMENT PURPOSES. DESCRIPTION OF ORGANIZATION'S ART COLLECTION - PART III, LINE 4: DENISON UNIVERSITY'S COLLECTION CURRENTLY NUMBERS NEARLY 8,000 ITEMS. THESE OBJECTS COME FROM MULTIPLE AREAS OF THE WORLD, BUT PRIMARILY DERIVE FROM ASIA, EUROPE, AND NORTH AND CENTRAL AMERICA. A WIDE VARIETY OF MEDIA, INCLUDING STONE, WOOD, PAPER, LACQUER, METAL, IVORY, AND OILS, IS REPRESENTED IN THE COLLECTION. THE COLLECTIONS ARE NOT USED FOR ANY FINANCIAL BENEFIT TO THE INSTITUTION. WE DO NOT COLLECT ENTRANCE FEES FOR THE EXHIBITIONS, ARE OPEN TO THE PUBLIC YEAR-ROUND AND HAVE COLLECTION OBJECTS ON DISPLAY THROUGHOUT THE YEAR, AND DO NOT HAVE ANY OTHER PROFIT-CENTERS (MUSEUM SHOP, CAFE, BOOKSTORE, ETC.) THAT CAPITALIZE ON OUR COLLECTIONS. THESE COLLECTIONS FURTHER OUR EXEMPT PURPOSE BY PROVIDING OPPORTUNITIES FOR SCHOLARLY LEARNING AND RESEARCH WITHIN THE DENISON UNIVERSITY COMMUNITY. THE COLLECTIONS ARE NOT CAPITALIZED. INTENDED USES OF ENDOWMENT FUNDS - PART V, LINE 4: EARNINGS FROM ENDOWMENT FUNDS ARE USED FOR PURPOSES SPECIFIED BY DONORS, INCLUDING THE FOLLOWING: SCHOLARSHIPS AND PRIZES, FACULTY SALARIES AND ACADEMIC PROGRAMS, LIBRARY BOOKS, FACILITY MAINTENANCE, GENERAL OPERATIONS OF THE UNIVERSITY, AND MISCELLANEOUS OTHER PURPOSES. FIN 48 (ASC 740) FOOTNOTE - PART X, LINE 2: FEDERAL INCOME TAX - THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. THE UNIVERSITY AND SUBSIDIARIES RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE UNIVERSITY AND SUBSIDIARIES, THE CONTINUED TAX-EXEMPT STATUS OF BONDS ISSUED BY THE UNIVERSITY AND SUBSIDIARIES, AND VARIOUS POSITIONS RELATED TO POTENTIAL SOURCES OF UNRELATED TAXABLE INCOME. THE UNIVERSITY AND SUBSIDIARIES BELIEVE THAT THEY HAVE APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN AND, AS SUCH, DO NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. AS OF JUNE 30, 2015, THE UNIVERSITY'S INCOME TAX YEARS FROM 2011 AND THEREAFTER REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, AS WELL AS VARIOUS STATE AND LOCAL TAXING AUTHORITIES. OTHER CHANGES IN REVENUE - PART XI, LINE 2D: STUDENT FINANCIAL AID, WHICH WAS NETTED WITH TUITION REVENUE ON FINANCIAL STATEMENTS BUT SHOWN AS AN EXPENSE IN PART IX OF FORM 990: ($46,887,431); POST-RETIREMENT RELATED CHANGES OTHER THAN NET PERIODIC POST-RETIREMENT COST: ($5,035,126); ACTUARIAL ADJUSTMENT OF SPLIT INTEREST AGREEMENTS: $665,942; TOTAL ADJUSTMENT: ($51,256,615). OTHER CHANGES IN REVENUE - PART XI, LINE 4B: COST OF SALES FROM BOOKSTORE WHICH WERE NETTED WITH REVENUE ON PART VIII OF FORM 990: ($1,225,505). OTHER CHANGES IN EXPENSES - PART XII, LINE 2D: COST OF SALES FROM BOOKSTORE WHICH WERE NETTED WITH REVENUE ON PART VIII OF FORM 990: $1,225,505. OTHER CHANGES IN EXPENSES - PART XII, LINE 4B: STUDENT FINANCIAL AID, WHICH WAS NETTED WITH TUITION REVENUE ON FINANCIAL STATEMENTS BUT SHOWN AS AN EXPENSE IN PART IX OF FORM 990: $46,887,431. true true true true true true true false false false false false false false false true false true PUBLICATION OF RACIALLY NONDISCRIMINATORY POLICY - PART I, LINE 3: DENISON UNIVERSITY CUSTOMARILY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS NATIONWIDE AND WORLDWIDE, AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY WITH REGARD TO ITS STUDENTS. AID FROM A GOVERNMENTAL AGENCY - PART I, LINE 6A: THE UNIVERSITY RECEIVES FEDERAL FUNDING FOR ITS VARIOUS STUDENT FINANCIAL AID PROGRAMS, INCLUDING THE PELL GRANT PROGRAM, THE SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM, THE FEDERAL WORK STUDY PROGRAM, AND THE PERKINS LOAN PROGRAM. ADDITIONALLY, THE UNIVERSITY HAS RECEIVED FUNDING THROUGH VARIOUS FEDERAL AGENCIES IN FURTHERANCE OF SPECIFIC RESEARCH PROJECTS. true Central America and the Caribbean Program Services STUDY ABROAD PROGRAM 19203 East Asia and the Pacific Program Services STUDY ABROAD PROGRAM 107593 Europe (Including Iceland and Greenland) Program Services STUDY ABROAD PROGRAM 438902 Middle East and North Africa Program Services STUDY ABROAD PROGRAM 8500 South America Program Services STUDY ABROAD PROGRAM 17000 South Asia Program Services STUDY ABROAD PROGRAM 9500 Sub-Saharan Africa Program Services STUDY ABROAD PROGRAM 9500 Central America and the Caribbean Investments 336255938 Europe (Including Iceland and Greenland) Investments 40703273 North America Investments 1226289 378795698 378795698 EDUCATIONAL SCHOLARSHIPS Central America and the Caribbean 2 19203 CHECK EDUCATIONAL SCHOLARSHIPS East Asia and the Pacific 14 107593 CHECK EDUCATIONAL SCHOLARSHIPS Europe (Including Iceland and Greenland) 58 438902 CHECK EDUCATIONAL SCHOLARSHIPS Middle East and North Africa 1 8500 CHECK EDUCATIONAL SCHOLARSHIPS South America 2 17000 CHECK EDUCATIONAL SCHOLARSHIPS South Asia 1 9500 CHECK EDUCATIONAL SCHOLARSHIPS Sub-Saharan Africa 1 9500 CHECK true false true true true false MONITORING THE USE OF GRANT FUNDS - PART I, LINE 2: All grants represent scholarships awarded to individuals studying outside of the U.S. Scholarship funds are sent directly to the Institutions at which the individuals are studying. At the completion of the course of study, the Institution abroad awards academic credit to the students, which are then transferred to Denison. In this way, we know the funds were indeed used for scholarship purposes. true EDUCATIONAL SCHOLARSHIPS 2225 57030960 MONITORING THE USE OF GRANT FUNDS - PART I, LINE 2: All scholarships and grants are based on financial need or academic merit. Individuals receiving distributions from the University are chosen based upon objective and non-discriminatory criteria which are consistent with the overall tax-exempt purpose of the University. Scholarships are either applied to students' individual accounts at Denison, or sent directly to the off-campus program within the United States at which the student is studying. X X X true true X X X X false false false false false false false true false Adam S Weinberg President 366231 0 0 0 18217 0 33150 0 22633 0 440231 0 0 0 Seth H Patton VP Finance & Mgmt 206225 0 0 0 45407 0 31350 0 13224 0 296206 0 0 0 Julia Beyer Houpt Secretary.VP Advancement 187863 0 0 0 37320 0 28530 0 24153 0 277866 0 0 0 Kimberly A Coplin Provost 160198 0 0 0 17607 0 21150 0 20894 0 219849 0 0 0 Adele N Gorrilla Chief Investment Officer 270993 0 302266 0 33952 0 33150 0 25086 0 665447 0 0 0 Perry H Robinson Director of Admissions 181294 0 0 0 13251 0 23385 0 14597 0 232527 0 0 0 Laurel Kennedy VP Student Development 147065 0 0 0 22362 0 19733 0 14344 0 203504 0 0 0 Joan E Krone Professor 141176 0 0 0 25903 0 19768 0 23576 0 210423 0 0 0 David O Woodyard Professor 118343 0 0 0 44852 0 24018 0 18548 0 205761 0 0 0 Anthony J Lisska Professor 118185 0 0 0 43626 0 24786 0 18844 0 205441 0 0 0 Daniel Bonar Professor 115250 0 0 0 41208 0 24120 0 18533 0 199111 0 0 0 Lisa M Bazley Director ITS 130062 0 0 0 39891 0 15047 0 9594 0 194594 0 0 0 Dale T Knobel Former President 400113 0 0 0 47266 0 33150 0 19748 0 500277 0 0 0 BENEFITS PROVIDED TO CERTAIN OFFICERS - PART I, LINE 1A: DENISON UNIVERSITY PROVIDES THE FOLLOWING BENEFITS TO CERTAIN EMPLOYEES: HOUSING: THE PRESIDENT AND THE VICE PRESIDENT OF STUDENT AFFAIRS LIVE IN UNIVERSITY-OWNED HOUSING. THIS HOUSING IS REQUIRED AS A CONDITION OF EMPLOYMENT FOR THESE EMPLOYEES AND THEREFORE IS NOT CONSIDERED TAXABLE COMPENSATION. CLUB DUES: THE UNIVERSITY PAYS MEMBERSHIP DUES FOR ITS PRESIDENT. THE PERSONAL USE PORTION OF THE DUES IS TREATED BY THE UNIVERSITY AS TAXABLE COMPENSATION TO THE PRESIDENT. PERSONAL SERVICES: THE UNIVERSITY PROVIDES CUSTODIAL SERVICES FOR THE UNIVERSITY-OWNED RESIDENCES OF THE PRESIDENT AND VICE PRESIDENT OF STUDENT AFFAIRS. THESE SERVICES ARE NOT TREATED AS TAXABLE COMPENSATION TO THESE INDIVIDUALS. NON-FIXED PAYMENT ARARNGEMENT - PART I, LINE 7: CHIEF INVESTMENT OFFICER ADELE GORRILLA RECEIVED $302,266 FROM THE COLLEGE'S INVESTMENT PERFORMANCE COMPENSATION PLAN. THIS PLAN PROVIDES AN ANNUAL BONUS BASED ON THE ENDOWMENT'S INVESTMENT RETURN. EARNING THE INCENTIVE-BASED COMPENSATION IS BASED ON OUTPERFORMANCE RELATIVE TO THE ENDOWMENT'S POLICY BENCHMARK. A OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756BUA6 2007-02-20 86495611 EDUC.FACILITIES&REFUND 2001 BONDS false false false B OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756AW81 2010-03-18 27756730 EDUC.FACILITIES&REFUND 2001 BONDS false false false C OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756A4Y5 2012-05-22 35507811 EDUC.FACIL.&REFUND 2001&2004 BONDS false false false D OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756AAS5 2013-04-04 18145000 REFUND 2004 BONDS false false false A 15325000 0 89998767 0 0 45956719 435357 0 0 40103536 3503155 0 2010 false true true true B 7760000 0 28020715 0 0 2493026 257177 0 0 25006526 263986 0 2013 false true true true C 4340000 0 35536932 0 0 10218964 286734 0 0 25031220 14 0 2015 false true false D 340000 0 18145006 0 17945490 198250 0 0 0 0 1226 0 false true false A false false false false 0.00000 0.00000 0.00000 false false false false B false false false false 0.00000 0.00000 0.00000 false false false false C false false false false 0.00000 0.00000 0.00000 false false false false D false false false false 0.00000 0.00000 0.00000 false false false false A true false false 0 true TRANSAMERICA LIFE 3.333 true false true B false true false false false false 0 false 0 false true C false true false false false false 0 false 0 false true D false true false false false false 0 0 false true A false B false C false D false PART IV, LINE 2C: DATE ON WHICH REBATE COMPUTATION WAS PERFORMED FOR 2007 BOND: 2/20/2012 X 135 1567500 FMV X 1 2150000 APPRAISAL X 1 1500000 APPRAISAL X EQUIPMENT 3 469053 APPRAISAL 1 false true true REVENUE NOT REPORTED FOR CERTAIN CONTRIBUTIONS - PART I, LINE 33: IN ACCORDANCE WITH SFAS 116, DENISON UNIVERSITY DOES NOT CAPITALIZE ITS COLLECTIONS AND WORKS OF ART. ACCORDINGLY, A ZERO AMOUNT WAS REPORTED ON FORM 990, PART VIII, LINE 1G. USE OF THIRD PARTIES - PART I, LINE 32B: DENISON UNIVERSITY USES A THIRD-PARTY BROKER TO PROCESS AND SELL ALL GIFTS OF PUBLICLY TRADED SECURITIES. THE FEES CHARGED BY THE BROKER FOR THESE SERVICES ARE AT FAIR MARKET VALUE. COMMITTEE MINUTES - FORM 990, PART VI, LINE 8B: SEVEN OF THE STANDING COMMITTEES OF THE BOARD OF TRUSTEES DOCUMENT THEIR MEETINGS WITH MINUTES: BUILDINGS & GROUNDS, ENROLLMENT, FINANCE & AUDIT, INVESTMENT, STUDENT AFFAIRS, TRUSTEE AFFAIRS, AND UNIVERSITY RELATIONS AND DEVELOPMENT. THERE ARE NO MINUTES FOR THE COMMITTEE ON ACADEMIC AFFAIRS. HOWEVER, PERSONNEL ACTIONS TAKEN BY THE COMMITTEE ARE FORWARDED TO THE FULL BOARD WHERE THEY ARE RECORDED IN THE MINUTES OF THE FULL BOARD BUSINESS MEETING UPON APPROVAL. THERE ARE NO MINUTES FOR THE COMMITTEE ON ALUMNI AFFAIRS. THIS COMMITTEE MEETS ONCE PER YEAR FOR THE SOLE PURPOSE OF SELECTING NOMINEES FOR ALUMNI CITATIONS. THE LIST OF NOMINEES IS FORWARDED TO THE FULL BOARD WHERE THE NAMES ARE RECORDED IN THE MINUTES OF THE FULL BOARD BUSINESS MEETING UPON APPROVAL. THERE ARE NO MINUTES FOR THE COMMITTEE ON HONORARY DEGREES. NAMES OF NOMINEES ARE FORWARDED TO THE FULL BOARD WHERE THEY ARE RECORDED IN THE MINUTES OF THE FULL BOARD BUSINESS MEETING UPON APPROVAL. THERE ARE CURRENTLY NO MEETINGS OF THE EXECUTIVE COMMITTEE. FORM 990 REVIEW - FORM 990, PART VI, LINE 11B: FORM 990 WAS PRESENTED TO THE FINANCE & AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW AT THEIR MAY, 2016 MEETING. MONITORING AND ENFORCEMENT OF CONFLICT POLICY - FORM 990,PART VI,LINE 12C: Responses to the Conflict of Interest questionnaire are reviewed annually by the Committee on Trustee Affairs. Results of the review are reported to the full Board. Procedurally, the Human Resource Office and/or the President's Office annually distributes the conflict of interest questionnaires for completion by Trustees, Officers, Administrative staff and Teaching Faculty acting in administrative capacities. The completed forms are reviewed when returned. To the extent that those completed by Board Members or Senior Administrators reveal a possible conflict of interest, they are forwarded to the Committee for further consideration. Additionally, if there is reasonable cause to believe that anyone has failed to disclose actual or possible conflicts of interest, the Committee shall be informed and pursue these concerns. The President or her/his designee reviews the completed questionnaires by all other Members of the Administration and Members of the Teaching Faculty acting in an administrative capacity and properly carry out the provisions of the policy on all matters of a conflict of interest. The President or her/his designee will provide a written report to the Chair of the Board on all matters of conflict of interest which he or she has addressed administratively. Denison's policy details specific procedures for handling potential conflicts of interest. Family and Business Relationships are disclosed in the Form 990. COMPENSATION REVIEW AND APPROVAL - FORM 990, PART VI, LINE 15: At its April meeting each year, the Board of Trustees delegates to its Chair and two Vice Chairs the authority to review and approve compensation levels for the senior administrative staff of the college. The Chairs and Vice Chairs deliberate and approve these salaries, typically in June, after conferring on job performance and reviewing independently compiled comparable information. At its October meeting each year, the Board ratifies the actions of the Chair and Vice Chairs of the Board with regard to the salaries and the following is recorded in the minutes of the Board so as to provide adequate documentation of the basis for determination of salaries: - None of the individuals holding senior positions are members of the Executive Committee of the Board of Trustees approving the salaries. - The Chair and Vice Chairs of the Board conferred on matters of job performance and relied upon an independent valuation of the compensation or consideration. The approved salary in each case was reviewed and compared to salary data for the comparable positions for the other Great Lakes Colleges Association (GLCA) and Associated Colleges of the Midwest (ACM) Colleges as compiled independently by the respective GLCA/ACM Consortia staffs. The salaries awarded do not provide benefits in excess of the value of the services being rendered to Denison University. The GLCA and ACM salary information used by the Chair and Vice Chairs in establishing the salaries of senior administrators is also shared in executive session with the entire Board of Trustees each October. The GLCA/ACM comparative information is maintained over time so as to provide the Board with historic trend information as well as current information. Internal information is also provided to the Board related to cost per student and senior salaries as a percentage of total payroll and total institutional revenue. AVAILABILITY OF DOCUMENTS - FORM 990, PART VI, LINE 19: Denison's audited financial statements are made available to the public through our Finance Office website. Governing documents and conflict of interest policy are available upon request from the Vice President for Finance and Management. DOCUMENT RETENTION AND DESTRUCTION POLICY - FORM 990, PART VI, LINE 14: THE COLLEGE HAS ADOPTED AND FOLLOWS A DOCUMENT RETENTION AND DESTRUCTION POLICY. HOWEVER, THE POLICY HAS NOT YET BEEN APPROVED BY THE BOARD OF TRUSTEES. AS SUCH, WE ARE REQUIRED TO ANSWER "NO" TO THE QUESTION ON LINE 14 OF PART VI EVEN THOUGH THE COLLEGE HAS IMPLEMENTED AND FOLLOWS SUCH A POLICY. OTHER CHANGE IN NET ASSETS - FORM 990, PART XI, LINE 9: POST-RETIREMENT RELATED CHARGES OTHER THAN NET PERIODIC POST-RETIREMENT COST: ($5,035,126); ACTUARIAL ADJUSTMENT OF SPLIT INTEREST AGREEMENTS: $665,942; CAPITAL CONTRIBUTION TO SUBSIDIARIES FROM NONCONTROLLING INTEREST: $568,500; TOTAL ADJUSTMENT: ($3,800,684). THE HISTORIC GRANVILLE INN LLC PO BOX 810 GRANVILLE OH 43023 463962871 INN OH -915620 240770 DENISON UNIV DENISON UNIVERSITY RESEARCH FOUNDATION PO BOX 810 GRANVILLE OH 43023 316024390 RSCH.GRANTS OH 501(c)(3) 11A NA true false false true false false false false false false false false true false true false false true false false DENISON UNIVERSITY RESEARCH FOUNDATION C 91116 FMV