2016-05-12T11:48:20-05:00 2015-06-30 990 2014-07-01 951699394 Fuller Theological Seminary FULL 6265845453 135 N Oakland Avenue Pasadena CA 911820001 John Ward VP for Finance 6265845460 2016-05-13 2014 2016-08-17 19:52:53Z John Ward 135 N Oakland Avenue Pasadena CA 91182 74275084 0 X www.fuller.edu X 1947 CA Provides graduate degrees in Theology,Psychology,Intercultural Studies&operates a Psych Center. 40 40 1366 0 246410 0 16028864 24275872 37527456 37257677 4661060 5647185 1424152 942010 59641532 68122744 5341211 6204710 0 0 33541840 38679375 0 0 2598930 26811576 28100345 65694627 72984430 -6053095 -4861686 318837490 314362185 73641739 77986173 245195751 236376012 X The Seminary is an international, multi-denominational, post-bacculaureate school of religious learning that prepares students for a wide variety of Christian vocations through its schools of Theology, Psychology and Intercultural Studies. 0 0 31049731 3661366 18337321 School of Theology - 943 full-paid equivalent students served 12914294 1336092 6223184 School of Psychology - 305 full-paid equivalent students served 6504883 1101640 3931059 School of Intercultural Studies - 349 full-paid equivalent students served 740238 0 660952 Psychological Center - Student trainees provided counseling services to members of the community. 951655 70277 97816 Urban Youth Certification Program 35335 35335 160368 Other Miscellaneous Programs 0 0 10740 Royalty Income 0 0 134377 Conference and Program Events 0 0 253377 Miscellaneous Program Income 0 0 391715 Cost Recovery Revenues 0 0 496 Sales of Instructional Materials 1727228 105612 1709841 52196136 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 0 0 0 1 307 0 1 1366 1 1 1 0 0 0 0 0 0 0 0 0 X 40 40 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X X Denise Rodrigues Controller 6265845453 135 N Oakland Avenue Pasadena CA 911820001 Robert M Anderson Trustee 0.00 X 0 0 0 Mary Vermeer Andringa Trustee 0.00 X 0 0 0 David L Bere Trustee 0.00 X 0 0 0 Judy G Bergman Trustee 0.00 X 0 0 0 Russell J Bloem Trustee 0.00 X 0 0 0 Thomas G Bost Trustee 0.00 X 0 0 0 William K Brehm Trustee 0.00 X 0 0 0 Gaylen J Byker Trustee 0.00 X 0 0 0 Merlin W Call Trustee 0.00 X 0 0 0 Barbara H Carlsberg Trustee 0.00 X 0 0 0 Peter Chao Trustee 0.00 X 0 0 0 Daniel L Chun Trustee 0.00 X 0 0 0 Andrew H Crouch Trustee 0.00 X 0 0 0 Mary Jane Dellenback Trustee 0.00 X 0 0 0 David Eaton Trustee 0.00 X 0 0 0 Evelyn W Freed Trustee 0.00 X 0 0 0 David Fung Trustee 0.00 X 0 0 0 Nathan O Hatch Trustee 0.00 X 0 0 0 T William Hoehn III Trustee 0.00 X 0 0 0 Anne M Huffman Trustee 0.00 X 0 0 0 James R Hunt Trustee 0.00 X 0 0 0 Bill Sung-Kook Hwang Trustee 0.00 X 0 0 0 Richard Kannwischer Trustee 0.00 X 0 0 0 Charles Kim Trustee 0.00 X 0 0 0 Larry R Langdon Trustee 0.00 X 0 0 0 Dennis K Metzler Trustee 0.00 X 0 0 0 Daniel D Meyer Trustee 0.00 X 0 0 0 Shirley A Mullen Trustee 0.00 X 0 0 0 John C Ortberg Jr Trustee 0.00 X 0 0 0 Clifford L Penner Trustee 0.00 X 0 0 0 Jack D Samuelson Trustee 0.00 X 0 0 0 Meritt Lohr Sawyer Trustee 0.00 X 0 0 0 Larry A Smith Trustee 0.00 X 0 0 0 Jody A De Pree Vanderwel Trustee 0.00 X 0 0 0 Grant A Wacker Trustee 0.00 X 0 0 0 Gail T Weyerhaeuser Trustee 0.00 X 0 0 0 Dale C Wong Trustee 0.00 X 0 0 0 C Jeffrey Wright Trustee 0.00 X 0 0 0 Daniel L Villanueva Treasurer/Trustee 0.00 X X 0 0 0 Mark Labberton President/Trustee 40.00 X X 268917 0 67943 John R Yasuda VP for Institutional Advan 40.00 X 181411 0 25173 John Ward VP for Finance 40.00 X 157696 0 29771 Wendy Balzer VP for Enrollment 40.00 X 119398 0 10674 Wendy S Walker Secretary 40.00 X 75230 0 10789 Leonard Tang Secretary 40.00 X 31195 0 58978 Charles D McConnell Provost and Senior VP 40.00 X 168689 0 82003 Mary H Given VP for Alumni and Church R 40.00 X 104914 0 25424 Irene Neller VP for Communications, Mktg & ADM 40.00 X 176176 0 8355 Tod E Bolsinger VP for Vocation and Formation 40.00 X 163610 0 92923 Justin Barrett Faculty, School of Psychol 40.00 X 125208 0 24458 Gideon J Strauss Executive Director - Max D 40.00 X 166343 0 24389 Joseph Davison Director - Brehm Center 40.00 X 181331 0 20483 Kimberly Odom Thompson Director - Development TX 40.00 X 149163 0 18050 Warren Brown Faculty, School of Psychol 40.00 X 131953 0 9635 Richard J Mouw Former President/Trustee 40.00 X 175692 0 30027 2376926 0 539075 23 1 1 0 Rogelio Sanchez Painting 3400 E Milton St Pasadena CA 91107 Painter 149694 ABM Services Inc File 53120 Los Angeles CA 90074 Janitorial Service 131427 Elite Move Management 12 Starck Drive Burgettstown PA 15021 Movers 107696 Athens Services PO Box 60009 City of Industry CA 61716 Trash Removal 103095 4 208982 24066890 7991987 24275872 Tuition 611310 28251086 28251086 Auxiliary Services 611310 7600567 7600567 Psychological Center 611310 659615 659615 Fees 611310 499999 499999 Auxiliary Services 531120 212613 212613 33797 33797 37257677 2228428 2228428 10740 10740 9571097 6152340 3418757 3418757 3418757 931270 779965 151305 931270 68122744 30201405 246410 13399057 6204710 6204710 2001909 131793 1527224 342892 28423319 22759866 4354121 1309332 1621947 1324518 218932 78497 4923858 3827358 914923 181577 1708342 1295872 321568 90902 8968 8968 51577 19995 31582 116377 116377 633735 633735 2698850 2089471 468273 141106 692455 135702 556753 4778070 3005677 1673847 98546 1305107 327717 952881 24509 7901836 5665206 2236130 500 2303540 1810763 320942 171835 246039 194690 38117 13232 2308394 2308394 3123942 2190555 921060 12327 2870 2870 Hospitality 986482 680180 174594 131708 Miscellaneous Expense 240990 118328 122247 415 Other Equipment 173964 108979 64489 496 License Fees 163499 118107 45392 0 363650 186649 175945 1056 72984430 52196136 18189364 2598930 2556186 2797720 159861 160170 2797359 3928080 3904956 4350379 1128076 1128076 1595873 1871688 102724 94196 5841175 5743609 127417410 32431502 89484451 94985908 110101424 97465276 14638957 19148812 86526448 82688271 318837490 314362185 2664240 4043087 4427377 4463193 50698750 49915000 7430542 10716759 8420830 8848134 73641739 77986173 X 54774301 50734688 80137013 73621790 110284437 112019534 245195751 236376012 318837490 314362185 X -4861686 -4013467 55414 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 210081154 1212212 691530 -3150630 -7372516 -610649 200851101 174841658 4585226 41400858 -3176288 -6913572 -656728 210081154 171432090 3878885 9598429 -4373293 -5232006 -462447 174841658 165587336 7053292 8300812 -4240073 -4369212 -900065 171432090 136044850 15891428 20499957 -2487695 -3180327 -1180877 165587336 0.18560 0.23330 0.58110 0 1 1 127417410 32431502 94985908 94985908 Trust Deeds & Notes Rec 11026785 F Cash & Cash Equivalents 3691090 F Money Market Funds 4430937 F 19148812 Beneficial Interest in Perpetual Tr 3739862 Interest in Investments of Financially Interrelated Entity 47398397 Interest in Net Assets of Financially Interrelated Entity 31550012 82688271 Annuities Payable 207220 Deposits 1144049 Assets Held for Auxiliary Organizat 151581 Perkins Loan Funds Repayable to Fed 1208399 Interest Rate Swap 4287861 Peoria Repurchase Liability 1849024 8848134 X 57098892 -4013467 -6981983 -10995450 68094342 28402 28402 68122744 65918631 0 65918631 7065799 7065799 72984430 Part V, Line 4: The Organization's endowment consists of over 200 individual funds established for a variety of purposes, primarily for endowed chairs, endowed scholarships and other program related expenditures. Part X, Line 2: The following is the excerpt and wording from the Seminary's audited financial statements regarding Uncertain Tax Positions Under Fin 48. "Uncertain Tax Positions - The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will not be sustained upon examination. Interest and penalties, if any, are included in expenses in the statements of activities. As of June 30, 2014 and 2013, the Organization had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. The Organization files information tax returns in the U.S. and various states. The Organization is subject to income tax examinations for the current year and certain prior years based on the applicable laws and regulations." Part XI, Line 2d - Other Adjustments: Scholarships -6,204,710. Change in Net Assets of Financially Interrelated Entity 86,719. Change in Investments of Financially Interrelated Entity -148,236. Assessment Fees -633,735. Administrative Management Fees -8,968. Change in Value of Split Interest Agreements -73,053. Part XI, Line 4b - Other Adjustments: Audit Reclassifications 28,195. Misc Account Reclassifications 207. Part XII, Line 4b - Other Adjustments: Scholarships 6,204,710. Assessment Fees 633,735. Administrative Management Fees 8,968. Change in Value of Interest Rate Swap 217,912. Misc Account Reclassification 474. 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-discrimination policy is published in the course catalog and posted on the Fuller Website Schedule E, Part I, Line 6 Fuller Theological Seminary received funds for Student Financial Aid from the U.S. Department of Education, through the Federal Direct Loan Program, the Federal Graduate PLUS Loan Program, the Federal Work-Study Program and the Federal Perkins Loan Program. South Asia - South Korea 1 0 Program Services Academic Support for Theological Education 150403 1 0 0 0 1 0 150403 0 150403 0 0 0 0 0 0 Part I, Line 2: The Organization only has revenue and expenses outside the U.S. related to program service activities. Part I, line 3: All expenditures are accounted for on the accrual basis of accounting, and expenditures for program service activities are supported by appropriate documentation. 1 Grant in Aid for Students attending the Organizations Campuses in North America 1903 6204710 FMV Does not provide non-cash assistance. Part I, Line 2: The Organization only awards financial assistance or grant-in-aid to individuals who are designated to meet the educational expenses of students attending Fuller Theological Seminary. The Organization has established institutional policies for awarding and monitoring of financial assistance. Each award is done in accordince with the policies and compliance is monitored by senior management, to ensure that the amount and eligibility of individuals is in accordance with established policies. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Mark Labberton President/Trustee 243167 0 0 0 25750 0 28875 0 39908 0 337700 0 0 0 John R Yasuda VP for Institutional Advan 175411 0 0 0 6000 0 9000 0 16749 0 207160 0 0 0 John Ward VP for Finance 147196 0 0 0 10500 0 7553 0 22711 0 187960 0 0 0 Charles D McConnell Provost and Senior VP 145189 0 0 0 23500 0 25300 0 57338 0 251327 0 0 0 Irene Neller VP for Communications, Mktg & ADM 170176 0 0 0 6000 0 8355 0 538 0 185069 0 0 0 Tod E Bolsinger VP for Vocation and Formation 146801 0 0 0 16809 0 19800 0 73698 0 257108 0 0 0 Justin Barrett Faculty, School of Psychol 125208 0 0 0 0 0 5185 0 19642 0 150035 0 0 0 Gideon J Strauss Executive Director - Max D 161843 0 0 0 4500 0 4674 0 20037 0 191054 0 0 0 Joseph Davison Director - Brehm Center 175081 0 0 0 6250 0 6355 0 14523 0 202209 0 0 0 Kimberly Odom Thompson Director - Development TX 149163 0 0 0 0 0 7500 0 11057 0 167720 0 0 0 Richard J Mouw Former President/Trustee 169692 0 0 0 6000 0 7902 0 22491 0 206085 0 0 0 Part I, Line 1a The Seminary provides a car allowance to all officers who are also employees of the Organization. This allowance is discretionary and is not part of an accountable plan. Accordingly, the car allowance is reported as other compensation on the employee's W-2. Part I, Line 1b All other expense reimbursements are subject to the Organization's Expense and Travel Reimbursement Policy. A Fuller Theological Seminary 951699394 196458WD1 2004-03-16 34500000 Finance construction of 179 units of student housing on the Pasadena campus 1 0 0 B Fuller Theological Seminary 951699394 19645RFG1 2008-04-08 20710000 Finance library addition, purchase of faculty housing and capital improvemnt 1 0 0 C Fuller Theological Seminary 951699394 2011-02-25 52980000 Provide funds to defease the 2004 and 2008 issues 0 0 0 A 2006 0 0 1 1 B 2009 0 0 1 1 C 2011 1 0 1 1 A 0 0 0 0 1 0 0 0 0 B 0 0 0 0 1 0 0 0 0 C 0 0 0 1 1 1 Wells Fargo Bank (3) and US Bank (1) 0 0 1 Bayern LB 7.000000000000 1 0 0 A 0 B 0 C 1 Wendy S Walker Secretary Incentive to Attract Key Employee X 50000 50000 0 1 1 Charles D Mc Connell Provost & Senior VP Incentive to Attract Key Employee X 275000 275000 0 1 1 Justin Barrett Faculty School of Psychology Incentive to Attract Key Employee X 300000 300000 0 1 1 Gideon Strauss Exec Directer - Max DePree Center Incentive to Attract Key Employee X 400000 400000 0 1 1 Mark Labberton President Incentive to Attract Key Employee X 103076 103076 0 1 1 1128076 John Ward Officer 9000 Tuition Justin Barrett Highly Compensated Employee 3000 Tuition Gideon J Strauss Highly Compensated Employee 6000 Tuition Mark Labberton Officer 4500 Tuition X 34 699066 Mkt Val at date of gift X 1 7292921 Mkt Val at date of gift 0 0 0 Form 990, Part VI, Section B, line 11 The Form 990 is compiled by the Controller using CCH Engagement and Tax software. Information is verified against the Seminary's audited financial statements. All supporting information is filed in a tax work binder. Once the Form 990 and its supporting schedules and information are complete a copy of the return is furnished to the chair of the audit committee and to all audit committee members for review along with a procedural memo on the process followed by the Controller to ensure that the Form 990 is both accurate and complete. The audit committee follows up with the Controller and VP for Finance on any questions that may arise and a meeting is held to discuss the Form 990. Once all questions are adequately addressed and all corrections made, the audit committee approves the Form 990 and the Chair of the audit committee recommends approval by the full Board of Trustees. A copy of the finalized 990 is then distributed to the full Board of Trustees prior to filing the return. Form 990, Part VI, Section B, line 12c Annually, officers, trustees and key employees are required to read the conflict of interest policy and to sign and return a completed conflict of interest statement. Throughout the year, any transactions undertaken by the Seminary are reviewed for instances of conflict of interest prior to entering into the agreement/transactions. If an instance of non compliance should occur, the Seminary would address it and make the necessary corrections if needed. Form 990, Part VI, Section B, line 15 The Organization receives from The Association of Theological Schools & The Commission on Accrediting a special purpose report titled "Institutional Peer Profile Report." This report references operating statistics, including salary ranges for all executives, faculty and staff. The report compares the Organization to a customized list of 20 comparable accredited institutions. Data from this report is utilized by the Executive Committee of the Board of Trustees to set executive salary ranges in a closely competitive and resource limited environment with consideration of effective performance of the individuals. Form 990, Part VI, Section C, line 19 All listed documents are made available upon request. In addition, our tax return is posted on guidestar and both our annual audit and tax returns (both 990 and 990T) are available through our Fuller (external)and Portico (Internal) websites. Form 990, Part XI, line 9: Change in Interest in Net Assets of Financially Interelated Entity 86,719. Change in Interest in Investments of Financially Interelated Entity -148,236. Change in Interest Rate Swap 217,912. Change in Value of Split Interest Agreements -73,053. Other Misc Reclass 267. Reclass Adjustment from Audit -28,195. Form 990, Part XII Line 2c There has been no change in the process of the Audit Committee in regards to the oversight of the audit, nor in the selection of the independent auditors. The Fuller Foundation 385 E Colorado Blvd Suite 250 Pasadena CA 91101 954124436 Support religious, charitable, educational, literary and scientific purposes CA 170(b)(1)(A)(vi) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0