2016-05-12T14:04:39-05:00 2015-06-30 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2014-07-01 250717890 CHATHAM UNIVERSITY CHAT 4123651100 WOODLAND ROAD PITTSBURGH PA 15232 WALTER FOWLER VICE PRESIDENT FINANCE & ADMIN 4123651100 2016-05-10 1 SUSAN M KIRSCH P00341397 4122613644 2014 2016-08-17 19:52:53Z DR ESTHER L BARAZZONE WOODLAND ROAD PITTSBURGH PA 15232 72617153 0 X WWW.CHATHAM.EDU X 1869 PA PROVISION OF UNDERGRADUATE AND GRADUATE EDUCATION. 29 27 1430 500 57814 -220 22562049 6271722 51321579 53135812 1194077 250609 -503377 134841 74574328 59792984 8864025 9095833 0 0 28716826 29530728 0 96360 1352157 20458708 20934350 58039559 59657271 16534769 135713 210855688 223355233 71512823 81510897 139342865 141844336 X CHATHAM UNIVERSITY PREPARES ITS STUDENTS, BACHELORS THROUGH DOCTORAL LEVEL, ON CAMPUS AND AROUND THE WORLD, TO EXCEL IN THEIR PROFESSIONS AND TO BE ENGAGED, ENVIRONMENTALLY RESPONSIBLE, GLOBALLY CONSCIOUS, LIFE-LONG LEARNERS, AND CITIZEN LEADERS FOR DEMOCRACY. CHATHAM COLLEGE FOR WOMEN OFFERS SUPERB CAREER PREPARATION INFORMED BY THE LIBERAL ARTS. CHATHAM COLLEGE FOR GRADUATE STUDIES AND CHATHAM COLLEGE FOR CONTINUING AND PROFESSIONAL STUDIES PROVIDE WOMEN AND MEN WITH UNDERGRADUATE, GRADUATE, PROFESSIONAL, AND CONTINUING EDUCATION OF THE HIGHEST QUALITY WITH PRIMARY EMPHASIS ON PREPARATION FOR WORK AND THE PROFESSIONS. 0 0 36267121 9095833 47979668 ACADEMIC AND INSTRUCTIONAL EDUCATION: SEE SCHEDULE OACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION, CHATHAM UNIVERSITY IS A COED INSTITUTION THAT GRANTS BACHELOR, MASTER AND DOCTORATE LEVEL DEGREES THROUGH FOUR DISTINCTIVE SCHOOLS AND COLLEGES: THE FALK SCHOOL OF SUSTAINABILITY (HOUSED WITHIN OUR EDEN HALL CAMPUS, THE WORLD'S FIRST ACADEMIC COMMUNITY BUILT FROM THE GROUND UP FOR THE STUDY AND PRACTICE OF SUSTAINABLE LIVING), THE SCHOOL OF HEALTH SCIENCES, THE SCHOOL OF ARTS, SCIENCE AND BUSINESS, AND THE COLLEGE FOR CONTINUING AND PROGRESSIONAL STUDIES. STUDENTS CAN CHOOSE FROM OVER 40 UNDERGRADUATE MAJORS AND OVER 25 MASTERS AND DOCTORAL PROGRAMS, AND ONLINE COURSES OF STUDY ARE AVAILABLE. THE UNIVERSITY'S FTE AS OF FALL 2015 WAS 1,752 STUDENTS.STUDENT AND COMMUNITY SERVICES: CHATHAM UNIVERSITY STRIVES TO DEVELOP THE WHOLE STUDENT - BOTH IN AND OUTSIDE THE CLASSROOM. WE OFFER ON- AND OFF-CAMPUS OPPORTUNITIES FOR PROFESSIONAL SKILL-BUILDING AND EXPERIENTIAL LEARNING. INTERNSHIPS AND MENTORSHIPS OFFER SUPPORT AND OUR INNOVATIVE FOUR PHASES TO YOUR FUTURE WORKS WITH STUDENTS STARTING IN THEIR FIRST YEAR TO EXPLORE THEIR INTERESTS AND PURSUE THEIR GOALS. STUDENT AFFAIRS PLAY AN INTEGRAL ROLE IN HELPING OUR STUDENTS ENHANCE THEIR PHYSICAL, MENTAL, AND SOCIAL WELL-BEING. STUDENTS HAVE A VARIETY OF OPPORTUNITIES HIGHLIGHTED IN THE ANNUAL ACTIVITIES CALENDAR FEATURING OVER 300 EVENTS AND HAPPENINGS THROUGHOUT THE YEAR. CHATHAM OFFERS A NCAA DIVISION III ATHLETIC PROGRAM FEATURING EIGHT WOMEN'S AND SIX MEN'S VARSITY SPORTS TEAMS ANCHORED OUT OF OUR IMPRESSIVE 78,000 SQUARE FOOT ATHLETIC AND FITNESS CENTER. STUDENTS LIVING ON CAMPUS ARE WELCOMED INTO A LIVING AND LEARNING ENVIRONMENT WHERE WELLNESS AND A STRONG SENSE OF COMMUNITY PREVAIL. CHATHAM HAS BEEN SELECTED FOR THE PRINCETON REVIEW'S GREEN COLLEGE GUIDE LISTING FOUR YEARS IN A ROW, NAMED IN THE TOP 20 OF SIERRA MAGAZINE'S LIST OF "COOL SCHOOLS AND MENTIONED IN A 2012 FORBES ARTICLE AS ONE OF THE PLACES "CONTRIBUTING TO PITTSBURGH'S TRANSFORMATION INTO A DESTINATION FOR GREEN LIVING."FOR FOUR CONSECUTIVE YEARS, CHATHAM UNIVERSITY HAS BEEN ADMITTED TO THE PRESIDENT'S HIGHER EDUCATION COMMUNITY SERVICE HONOR ROLL (2011, 2012, 2013, 2014) FOR ENGAGING ITS STUDENTS, FACULTY, AND STAFF IN MEANINGFUL SERVICE THAT ACHIEVES MEASURABLE RESULTS IN THE COMMUNITY.A HEALTH AND COUNSELING CENTER ASSISTS STUDENTS IN NEED AND PROVIDES AN OPPORTUNITY FOR STUDENTS TO BETTER THEMSELVES THROUGH MANY PROGRAMS AND SERVICES.LIBRARY SERVICES: THE JENNIE KING MELLON LIBRARY HAS ADDED NEW RESOURCES THAT SUPPORT THE LEARNING AND TEACHING MISSION OF CHATHAM UNIVERSITY, INCLUDING A NUMBER OF FULL-TEXT JOURNAL DATABASES. THE LIBRARY STAFF CONTINUES TO DEVOTE SIGNIFICANT AMOUNTS OF TIME TO RESEARCH CONSULTATIONS. THE ARCHIVE COLLECTION HAS BENEFITED FROM ENDOWED SUPPORT AND INCREASED STAFF HOURS TO AID IN DOCUMENTATION, ORGANIZATION, AND PRESERVATION. 1897605 5156144 AUXILIARY SERVICES: SEE SCHEDULE OIN MAY 2008, THE UNIVERSITY RECEIVED THE 388-ACRE EDEN HALL FARM CAMPUS AS A GIFT FROM THE EDEN HALL FOUNDATION. LOCATED NORTH OF PITTSBURGH IN RICHLAND TOWNSHIP AND APPROXIMATELY 45 MINUTES FROM CHATHAM'S HISTORIC SHADYSIDE CAMPUS, EDEN HALL FARM CAMPUS IS A LIVING LABORATORY FOR UNDERGRADUATE AND GRADUATE STUDENTS AS WELL AS FOR THE SURROUNDING COMMUNITIES.THE UNIVERSITY OWNS THE OLDEST CIVIL WAR-ERA HOME ON FIFTH AVENUE, THE HOWE-CHILDS GATE HOUSE, WHICH NOW SERVES AS A GUEST HOUSE FOR UNIVERSITY VISITORS AS WELL AS HEADQUARTERS FOR THE CAMPUS ARBORETUM. THE UNIVERSITY IS HOME TO THE OLKES COLLECTION OF AFRICAN ART, ONE OF THE MOST SIGNIFICANT COLLECTIONS OF AFRICAN TRIBAL ART IN THE TRI-STATE REGION.THE UNIVERSITY HOSTS NUMEROUS EVENTS ON CAMPUS INCLUDING: ENTREPRENEURSHIP PROGRAMS FOR WOMEN, SPONSORED BY THE CENTER FOR WOMEN'S ENTREPRENEURSHIP; NATIONAL GIRLS AND WOMEN IN SPORTS DAY; HILLMAN DISTINGUISHED LECTURE SERIES; RACHEL CARSON DAY FOR STUDENTS GRADES 6-12; READY TO BE HEARD: ADVOCACY TRAINING FOR WOMEN; WESTERN PENNSYLVANIA GARDENING AND LANDSCAPING SYMPOSIUM; WESTERN PA UNDERGRADUATE PSYCHOLOGY CONFERENCE; AND A NUMBER OF GLOBAL FOCUS EVENTS. VARIOUS PERFORMING AND VISUAL ARTS EVENTS HELD THROUGHOUT THE ACADEMIC YEAR ARE FREE AND OPEN TO THE PUBLIC. 38164726 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 0 1 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 2612 0 1 1430 1 1 1 1 CJ 0 0 0 0 0 0 0 0 X 29 27 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 PA CA X X JENNIFER LUNDY 4123651145 WOODLAND ROAD PITTSBURGH PA 15232 X GENARA ANDRADE PHD TRUSTEE (EXITED 07/2014) 3.00 0.00 X 0 0 0 G NICHOLAS BECKWITH III TRUSTEE 3.00 1.00 X 0 15000 0 BROOKS BROADHURST TRUSTEE 3.00 0.00 X 0 0 0 LOUISE R BROWN TRUSTEE 3.00 0.00 X 0 0 0 JANE BURGER TRUSTEE 3.00 0.00 X 0 0 0 ANNETTE CALGARO TRUSTEE 3.00 0.00 X 0 0 0 MARTHA H CARSON TRUSTEE 3.00 0.00 X 0 0 0 CARLA CASTAGNERO TRUSTEE (ENTERED 02/2015) 3.00 0.00 X 0 0 0 TERRI P DEAN TRUSTEE 3.00 0.00 X 0 0 0 SIGO FALK TRUSTEE 3.00 0.00 X 0 0 0 LAURA FISHER TRUSTEE 3.00 0.00 X 0 0 0 FREDDIE FU MD DSC HON TRUSTEE 3.00 0.00 X 0 0 0 EVELYN FREEMAN PHD TRUSTEE 3.00 0.00 X 0 0 0 LOUISE TURAN GEORGE TRUSTEE (ENTERED 10/2014) 3.00 0.00 X 0 0 0 STEPHEN H GREER TRUSTEE 3.00 0.00 X 0 0 0 DIANE P HOLDER TRUSTEE 3.00 0.00 X 0 0 0 CORDELIA SURAN JACOBS TRUSTEE 3.00 0.00 X 0 0 0 JOANNE LAIPSON TRUSTEE 3.00 0.00 X 0 0 0 ARADHNA OLIPHANT TRUSTEE (ENTERED 02/2015) 3.00 0.00 X 0 0 0 HENRY J SIMONDS TRUSTEE 3.00 0.00 X 0 0 0 ANDREW STOCKEY TRUSTEE 3.00 0.00 X 0 0 0 MARY B TEMPLETON ESQ TRUSTEE 3.00 0.00 X 0 0 0 BONNIE WESTBROOK VANKIRK TRUSTEE 3.00 0.00 X 0 0 0 NANCY FOLLETT WAICHLER TRUSTEE 3.00 0.00 X 0 0 0 JENNIFER POTTER WINTON CHAIR 3.50 0.00 X X 0 0 0 JANE G MURPHY PHD VICE CHAIR 3.50 0.00 X X 0 0 0 S MURRAY RUST III VICE CHAIR 3.50 0.00 X X 0 0 0 KENT MCELHATTAN TREASURER 3.50 0.00 X X 0 0 0 W DUFF MCCRADY SECRETARY 3.50 0.00 X X 0 0 0 DR ESTHER L BARAZZONE PRESIDENT 70.00 0.00 X X 554720 0 52493 WALTER B FOWLER SR. VP-FINANCE & ADMIN 60.00 0.10 X 239476 0 40318 DARLENE G MOTLEY DEAN, SASB 50.00 0.00 X 184827 0 35687 WILLIAM T CAMPBELL VP MARKETING & COMMUNICATIONS 50.00 0.00 X 158684 0 31697 PAUL D STEINHAUS CIO, DIRECTOR OF INFO TECH 50.00 0.00 X 133488 0 28621 THOMAS STEVICK VP, UNIVERSITY ADVANCEMENT 50.00 0.00 X 144391 0 24113 PATRICIA DOWNEY DEAN, SCHOOL OF HEALTH SCIENCES 50.00 0.00 X 137152 0 26770 JENNA TEMPLETON VP OF ACADEMIC AFFAIRS 60.00 0.00 X 131914 0 22587 1684652 15000 262286 21 0 1 0 SOTA CONSTRUCTION 80 UNION AVENUE BELLEVUE PA 15202 GENERAL CONTRACTOR 8129523 PARKHURST DINING SERVICES PO BOX 644091 PITTSBURGH PA 15264 FOOD SERVICE 2378575 MITHUN PIER 56 1201 ALASKAN WAY 200 SEATTLE WA 98101 ARCHITECT 837494 INSIGHT INVESTMENTS LLC 260 N CHARLES LINDGERG SALT LAKE CITY UT 84116 LEASING COMPANY 663607 ROYALL AND COMPANY 1920 E PARHAM ROAD RICHMOND VA 23228 RECRUITING SERVICES 451924 23 189074 1109378 4973270 1360181 6271722 TUITION AND FEES 900099 47979668 47979668 AUXILIARY ENTERPRISES 900099 5156144 5156144 53135812 1605725 63804 1541921 3183315 3048474 134841 134841 -5990 140831 8420579 9775695 -1355116 -1355116 -1355116 59792984 53135812 57814 327636 14322 14322 9081511 9081511 1137776 284444 739554 113778 5011 5011 22842491 15411324 6688385 742782 1610598 1106501 459119 44978 2251067 1167705 1022394 60968 1683785 1142571 481600 59614 82558 82558 94386 94386 1078 1078 96360 96360 242181 242181 4318455 1374752 2882106 61597 1503585 1326855 176638 92 856113 449075 330924 76114 2874116 2874116 622601 459949 134525 28127 113002 38987 71914 2101 1847362 1847362 4488048 4488048 730581 32000 698581 ACADEMIC DEPT PROGRAMS 1310100 1137924 172176 TAXES 476388 476388 RENTAL EXPENSE 474043 284042 183092 6909 SUPPLIES EXPENSE 366853 119841 240862 6150 532900 243797 236516 52587 59657271 38164726 20140388 1352157 9093188 11574874 4967147 4507534 4340662 3159919 750938 637458 853935 1013330 182731604 66776374 103839799 115955230 50423401 49474955 32237225 32754119 4349393 4277814 210855688 223355233 6664043 8141568 1511474 1511474 5182080 3948104 45779678 55966757 8374350 7822894 4001198 4120100 71512823 81510897 X 48259892 49671592 32514919 33285510 58568054 58887234 139342865 141844336 210855688 223355233 135713 2365758 0 X X 0 1 X 1 1 1 X 10763008 5382822 17614973 22562049 6271722 62594574 10763008 5382822 17614973 22562049 6271722 62594574 21271102 41323472 5222753 3977227 4358980 4291087 4621083 22471130 85645 6535 99997 192177 85257881 251159831 0.48470 0.46650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1078 1078 59656193 59657271 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 60013 65000 10000 1078 136091 250000 250000 250000 250000 1000000 1500000 X X X 0 89076110 390759 2691612 928220 2880720 150685 88198856 67237881 15727198 9161031 1151271 1668318 230411 89076110 64545893 580471 11326850 1068395 1637542 122396 73624881 66141399 1941432 -1836938 985836 607862 106302 64545893 53594515 3043323 9503561 66141399 0.18760 0.57340 0.23900 1 0 10059927 10059927 127857414 127857414 20664146 20664146 24150117 24150117 66776374 -66776374 115955230 LIMITED PARTNERSHIPS 15989059 F HEDGE FUNDS 10753003 F REAL ESTATE INVESTMENT FUND 6012057 F 32754119 CAPITAL LEASE OBLIGATION 4120100 4120100 X 56004705 2365758 3048474 5414232 50590473 121000 9081511 9202511 59792984 53503234 3048474 3048474 50454760 121000 9081511 9202511 59657271 PART III, LINE 1A: THE UNIVERSITY'S COLLECTIONS INCLUDE PAINTINGS, PRINTS, PHOTOGRAPHS, SCULPTURES, DRAWINGS AND WATERCOLORS, AND DECORATIVE ARTS. THESE ITEMS ARE HELD FOR EDUCATIONAL, RESEARCH AND SCIENTIFIC PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS OPERATING EXPENDITURES IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS MAINTAINED AND HELD BY THE UNIVERSITY ARE NOT REFLECTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. CONTRIBUTED COLLECTION ITEMS INTENDED FOR SALE BY THE UNIVERSITY ARE RECORDED AS AN ASSET AT THEIR ESTIMATED NET REALIZABLE VALUE. PART III, LINE 4: THE UNIVERSITY'S COLLECTIONS INCLUDE PAINTINGS, PRINTS, PHOTOGRAPHS, SCULPTURES, DRAWINGS AND WATERCOLORS, AND DECORATIVE ARTS. THESE ITEMS ARE HELD FOR EDUCATIONAL, RESEARCH AND SCIENTIFIC PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS OPERATING EXPENDITURES IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS MAINTAINED AND HELD BY THE UNIVERSITY ARE NOT REFLECTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. CONTRIBUTED COLLECTION ITEMS INTENDED FOR SALE BY THE UNIVERSITY ARE RECORDED AS AN ASSET AT THEIR ESTIMATED NET REALIZABLE VALUE. PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF VARIOUS INVESTMENT FUNDS ESTABLISHED PRIMARILY FOR THE SUPPORT OF ITS MISSION. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE BOARD OF TRUSTEES HAS ELECTED TO BE GOVERNED BY THE COMMONWEALTH OF PENNSYLVANIA'S ACT 141 (ACT 141). ACT 141 PERMITS ELECTION OF A TOTAL RETURN POLICY THAT ALLOWS A NONPROFIT TO CHOOSE TO TREAT A PERCENTAGE OF THE AVERAGE MARKET VALUE OF THE ENDOWMENT'S PERMANENTLY RESTRICTED INVESTMENTS AS INCOME EACH YEAR. HOWEVER, THE LONG-TERM PRESERVATION OF THE REAL VALUE OF THE ASSETS MUST BE TAKEN INTO CONSIDERATION WHEN THE BOARD ELECTS THE AMOUNT. ON AN ANNUAL BASIS, THE BOARD OF TRUSTEES MUST ELECT, IN WRITING, A SPENDING RATE OF BETWEEN 2% AND 7%. FOR THE YEAR ENDED JUNE 30, 2015, THE UNIVERSITY UTILIZED A 7.0% SPENDING RATE, BASED ON A THREE-YEAR AVERAGE OF HISTORICAL ENDOWMENT MARKET VALUES. THE LAST FISCAL YEAR USED TO DETERMINE THE TRANSFER FOR THE FISCAL YEAR ENDED JUNE 30, 2015 WAS THE FISCAL YEAR ENDED JUNE 30, 2014. THE UNIVERSITY CLASSIFIES AS PERMANENTLY RESTRICTED NET ASSETS THE ORIGINAL VALUE OF GIFTS DONATED TO THE ENDOWMENT AND THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE ENDOWMENT. THE UNDISTRIBUTED AMOUNTS EARNED ARE INCLUDED IN TEMPORARILY RESTRICTED NET ASSETS. IN ACCORDANCE WITH ACT 141, THE UNIVERSITY HAS ADOPTED A WRITTEN INVESTMENT POLICY, OF WHICH A SECTION SPECIFICALLY RELATES TO THE ENDOWMENT. THE UNIVERSITY CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO SET A SPENDING RATE: 1. PROTECTING THE CORPUS OF THE ENDOWMENT FUND 2. PRESERVING THE SPENDING POWER OF THE ASSETS 3. OBTAINING MAXIMUM INVESTMENT RETURN WITH REASONABLE RISK AND OPERATIONAL CONSIDERATION 4. COMPLYING WITH APPLICABLE LAWS PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC AND HAS FURTHER BEEN DETERMINED TO BE A NONPRIVATE FOUNDATION UNDER SECTIONS 509(A)(1) AND 170(B)(1)(A)(II) OF THE IRC. ACCORDINGLY, NO PROVISION FOR TAXES HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE UNIVERSITY IS ALSO EXEMPT FROM STATE INCOME TAX UNDER APPLICABLE STATE STATUTES. CHATHAM INVESTMENTS LLC HAS BEEN ORGANIZED AS AN LLC, WHICH IS NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. HOWEVER, THE TAXABLE INCOME OR LOSS FROM THE RENEWABLE ENERGY MANAGEMENT ACTIVITIES OF CHATHAM INVESTMENTS LLC IS INCLUDED IN THE INCOME TAX RETURN OF THE UNIVERSITY. ACCORDINGLY, ANY INCOME FROM CHATHAM INVESTMENTS LLC THAT IS UNRELATED TO THE EXEMPT PURPOSES OF THE UNIVERSITY IS TREATED AS UNRELATED BUSINESS INCOME ON THE UNIVERSITY'S TAX RETURN. THE UNIVERSITY FOLLOWS THE CODIFICATION TOPIC ON INCOME TAXES. THE TOPIC PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN CONSOLIDATED FINANCIAL STATEMENTS. THE UNIVERSITY'S CONSOLIDATED STATEMENTS OF FINANCIAL POSITION AT JUNE 30, 2015 AND 2014 DO NOT INCLUDE ANY LIABILITIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS; FURTHER, THE UNIVERSITY HAS NO UNRECOGNIZED TAX BENEFITS. THE UNIVERSITY IS NO LONGER SUBJECT TO EXAMINATION OF ITS TAX RETURNS FOR YEARS BEFORE 2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 3,048,474. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT SCHOLARSHIPS/FINANCIAL AID 9,081,511. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 3,048,474. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT SCHOLARSHIPS/FINANCIAL AID 9,081,511. 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 RACIALLY NONDISCRIMINATORY POLICY IS REFERENCED IN PRINT DOCUMENTS AND IS PROMINENTLY DISCLOSED ON THE UNIVERSITY'S WEB PAGE. SCHEDULE E, PART I, LINE 6 CHATHAM UNIVERSITY RECEIVES VARIOUS GRANTS FROM GOVERNMENTAL AGENCIES TO FUND SCHOLARSHIPS AND EDUCATIONAL PROGRAM DEVELOPMENT. IN ADDITION, STUDENTS AT CHATHAM UNIVERSITY RECEIVE FEDERAL AND STATE SPONSORED FINANCIAL AID FOR PAYMENT OF TUITION AND FEES. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS EDUCATIONAL ACTIVITIES 3920141 EUROPE 0 0 CHATHAM STUDY ABROAD PROGRAM EDUCATIONAL ACTIVITIES 26578 SUB-SAHARAN AFRICA 0 0 CHATHAM STUDY ABROAD PROGRAM EDUCATIONAL ACTIVITIES 39151 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 MFA FIELD SEMINAR EDUCATIONAL ACTIVITIES 31000 SUB-SAHARAN AFRICA 0 0 MFA FIELD SEMINAR EDUCATIONAL ACTIVITIES 31010 SOUTH AMERICA 0 0 OT FIELD EXPERIENCE EDUCATIONAL ACTIVITIES 28931 0 0 0 0 0 0 4076811 0 4076811 1 1 0 1 0 0 X X 1 MCALLISTER & QUINN LLC 1030 15TH STREET NW SUITE 590 WEST WASHINGTON DC 20005 FEDERAL GRANTS AND FOUNDATION SUBMISSIONS 0 0 96360 -96360 96360 -96360 PART I, FUNDRAISING ACTIVITIES, LINE 2B(IV), GROSS RECEIPTS: THE UNIVERSITY DOES NOT TRACK RECEIPTS IN THE MANNER IN WHICH THE GROSS RECEIPTS DIRECTLY RELATED TO THE SERVICES PROVIDED CAN BE IDENTIFIED. 1 ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT 425 SIXTH AVENUE SUITE 1100 PITTSBURGH PA 152191811 250965213 501(C)(3) 14322 N/A N/A PROGRAM SUPPORT 1 0 EDUCATIONAL GRANTS AND SCHOLARSHIPS 840 9081511 0 N/A N/A PART I, LINE 2: THE OFFICES OF ENROLLMENT MANAGEMENT AND FINANCIAL AID OVERSEE THE AWARDING OF BOTH NEED-BASED FINANCIAL AID AND MERIT-BASED SCHOLARSHIPS. ONCE A STUDENT HAS COMPLETED THE FINANCIAL AID APPLICATION PROCESS AND IS FOUND ELIGIBLE FOR NEED-BASED AND/OR MERIT BASED AID, THE STUDENT WILL RECEIVE A FINANCIAL AID PACKAGE DETAILING THE COMBINATION OF SOURCES USED TO PROVIDE FINANCIAL ASSISTANCE. GRANT FUNDS AWARDED TO STUDENTS ARE APPLIED DIRECTLY TO THEIR STUDENT ACCOUNTS. USAGE IS MONITORED BY VIRTUE OF DIRECT ACCOUNT POSTING. X X X X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 DR ESTHER L BARAZZONE PRESIDENT 515837 0 0 0 38883 0 25500 0 26993 0 607213 0 0 0 WALTER B FOWLER SR. VP-FINANCE & ADMIN 235262 0 0 0 4214 0 24085 0 16233 0 279794 0 0 0 DARLENE G MOTLEY DEAN, SASB 183124 0 0 0 1703 0 19000 0 16687 0 220514 0 0 0 WILLIAM T CAMPBELL VP MARKETING & COMMUNICATIONS 157814 0 0 0 870 0 16320 0 15377 0 190381 0 0 0 PAUL D STEINHAUS CIO, DIRECTOR OF INFO TECH 132325 0 0 0 1163 0 13770 0 14851 0 162109 0 0 0 THOMAS STEVICK VP, UNIVERSITY ADVANCEMENT 142626 0 0 0 1765 0 14526 0 9587 0 168504 0 0 0 PATRICIA DOWNEY DEAN, SCHOOL OF HEALTH SCIENCES 135987 0 0 0 1165 0 14035 0 12735 0 163922 0 0 0 JENNA TEMPLETON VP OF ACADEMIC AFFAIRS 131914 0 0 0 0 0 13192 0 9395 0 154501 0 0 0 PART I, LINE 1A DR. ESTHER BARAZZONE SERVES CHATHAM UNIVERSITY IN THE CAPACITY OF CHIEF ADMINISTRATIVE AND EXECUTIVE OFFICER WITH THE TITLE OF PRESIDENT. DR. BARAZZONE HAS SERVED THE UNIVERSITY FOR OVER 22 YEARS. DURING HER TENURE, CHATHAM UNIVERSITY HAS ACHIEVED UNIVERSITY STATUS, ADDED 25 GRADUATE PROGRAMS AND FIVE HIGHLY COMPETITIVE DOCTORAL PROGRAMS, AND HAS CONDUCTED SUCCESSFUL CAPITAL CAMPAIGNS THAT HAVE RAISED OVER $150 MILLION IN TOTAL AND SEEN THE ENDOWMENT GROW FROM $30 MILLION TO MORE THAN $80 MILLION. IN ADDITION, OPERATING DEFICITS WERE ELIMINATED AND STUDENT ENROLLMENT QUADRUPLED. CONSISTENTLY RANKED AMONG THE TOP MASTER'S-LEVEL INSTITUTIONS IN THE NORTHEAST BY U.S. NEWS & WORLD REPORT AND THE PRINCETON REVIEW, CHATHAM UNIVERSITY IS ALSO RANKED IN THE TOP FIVE PERCENT OF GRADUATE-INTENSIVE INSTITUTIONS NATIONALLY. MIDDLE STATES COMMISSION ON HIGHER EDUCATION HAS ACCREDITED CHATHAM UNIVERSITY WITH NO EXCEPTIONS. THE PRINCETON REVIEW HAS ALSO RECOGNIZED CHATHAM AS ONE OF THE NATION'S GREENEST INSTITUTIONS WITH INCLUSION ON THEIR "GREEN HONOR ROLL". SCHEDULE J - SUPPLEMENTAL COMPENSATION INFORMATION: BASIC EMPLOYEE BENEFITS (INCLUDING HEALTH BENEFITS, LIFE INSURANCE, AND LONG-TERM CARE INSURANCE) PROVIDED TO DR. BARAZZONE AND MR. FOWLER, ARE REPORTED ON SCHEDULE J, PART II, COLUMN (D). AS A CONDITION OF HER EMPLOYMENT, DR. BARAZZONE IS REQUIRED TO RESIDE IN UNIVERSITY HOUSING. THE VALUE ATTRIBUTED TO HER PERSONAL SPACE IS ALSO REPORTED ON SCHEDULE J, PART II, COLUMN (D) EMPLOYER CONTRIBUTIONS TO THE UNIVERSITY'S 403(B) PLAN, ARE REPORTED IN COLUMN (C). AMOUNTS REPORTED IN COLUMN (B)(III) ALSO INCLUDE INTERNAL REVENUE CODE SECTION 132 BENEFITS PROVIDED BY THE UNIVERSITY TO THE PRESIDENT, CONSISTING OF THE VALUE OF PERSONAL USE OF A UNIVERSITY-PROVIDED AUTOMOBILE AND FINANCIAL CONSULTING SERVICES. THE UNIVERSITY DOES NOT PROVIDE THE PRESIDENT WITH AN EXPENSE ACCOUNT FOR PERSONAL USE. CLUB MEMBERSHIPS: IN ORDER THAT THE PRESIDENT MAY ENTERTAIN POTENTIAL DONORS AND OTHER BUSINESS ASSOCIATES OF THE UNIVERSITY, THE UNIVERSITY PAYS OR REIMBURSES THE PRESIDENT FOR, THE PERIODIC DUES FOR MEMBERSHIP IN THE DUQUESNE CLUB, LONGUE VUE, PITTSBURGH GOLF CLUB AND THE ROLLING ROCK CLUB. DIRECT EXPENSES FOR UTILIZATION OF THE CLUBS IS THE PRESIDENT'S RESPONSIBILITY, EXCEPT WHEN ATTRIBUTABLE TO UNIVERSITY BUSINESS. A MCKEESPORT INDUSTRIAL DEVELOPMENT AUTHORITY 251448115 2008-09-29 10000000 CAPITAL PURCHASES AND RENOVATIONS 0 0 0 B ALLEGHENY COUNTY HIGHER EDUCATION BUILDING AUTHORITY 251650137 2012-02-29 35870000 SEE DESCRIPTION IN PART VI FOLLOWING 0 0 0 C ALLEGHENY COUNTY HIGHER EDUCATION BUILDING AUTHORITY 251650137 2014-07-16 18000000 CONSTRUCTION OF EDEN HALL CAMPUS 0 0 0 A 10000000 230035 800000 9200000 2009 0 0 1 1 B 35870000 2559375 230000 33080625 1 1 1 1 C 18000000 367054 10815860 6817086 0 0 0 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 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 1 0 0 0 0 0 B 0 0 0 0 1 0 0 0 0 C 0 0 0 0 0 0 0 0 0 A 0 B 0 C 0 SCHEDULE K, BOND ISSUE, BOND (B) ON FEBRUARY 29, 2012, ALLEGHENY COUNTY HIGHER EDUCATION BUILDING AUTHORITY ISSUED $35,870,000 AGGREGATE PRINCIPAL OF ITS UNIVERSITY REVENUE BONDS SERIES A OF 2012 ON BEHALF OF THE UNIVERSITY FOR THE PURPOSE OF CURRENT REFUNDING OF THE 1998 SERIES A BONDS AND 2002 SERIES A BONDS, AND THE CURRENT AND ADVANCE REFUNDING OF THE 2002 SERIES A BONDS. THE SERIES A OF 2012 BONDS BEAR INTEREST AT RATES RANGING FROM 2.0% TO 5.0%. INTEREST PAYMENTS ARE REQUIRED SEMIANNUALLY. PRINCIPAL PAYMENTS ARE REQUIRED ON SEPTEMBER 1 OF EACH YEAR, WITH THE FINAL PAYMENT DUE ON SEPTEMBER 1, 2035. PARKHURST DINING SERVICES BOARD MEMBER 2315333 A BOARD MEMBER OF THE UNIVERSITY HAS A BUSINESS INTEREST IN AND IS EMPLOYED BY PARKHURST DINING SERVICES. PARKHURST PROVIDES ON CAMPUS DINING SERVICES. 0 X 18 285181 FMV X 1 775000 APPRAISAL X 1 300000 FMV 0 0 1 0 PART I, COLUMN (B): THE NUMBER SHOWN IN COULMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS CHATHAM UNIVERSITY RECEIVED FOR EACH TYPE OF PROPERTY FOR THE YEAR ENDED JUNE 30, 2015. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL HAVE AUTHORITY TO ACT FOR THE BOARD OF TRUSTEES ON ALL MATTERS EXCEPT FOR THE FOLLOWING WHICH SHALL BE RESERVED FOR THE BOARD OF TRUSTEES (UNLESS THE BOARD OF TRUSTEES DIRECTS OTHERWISE): PRESIDENTIAL SELECTION AND TERMINATION; TRUSTEE AND BOARD OFFICER SELECTION; CHANGES IN INSTITUTIONAL MISSION AND PURPOSES; CHANGES TO THE CHATER; CHANGES TO THE BYLAWS; INCURRING OF CORPORATE INDEBTEDNESS IN EXCESS OF TEN PERCENT (10%) OF THE COLLEGE'S NET WORTH; SALE OF COLLEGE ASSETS OR TANGIBLE PROPERTY IN EXCESS OF ONE PERCENT (1%) OF THE COLLEGE'S NET WORTH; ADOPTION OF THE ANNUAL BUDGET; AND, CONFERRAL OF DEGREES. IN ADDITION TO ITS AUTHORITY TO TAKE ACTION ON MATTERS WHICH CANNOT OR SHOULD NOT BE DEFERRED TO THE BOARD'S NEXT SCHEDULED MEETING, PROCESS OR PROGRESS ON PLANNING GOALS, THE BOARD'S RESPONSIBILITY TO SUPPORT THE PRESIDENT AND ASSESS HER OR HIS PERFORMANCE AND SHALL REVIEW THE PRESIDENT'S COMPENSATION AND CONDITIONS OF EMPLOYMENT. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING INDIVIDUALS HAVE A BUSINESS RELATIONSHIP: W. DUFF MCCRADY; DR. ESTHER L. BARAZZONE; G. NICHOLAS BECKWITH III; FREDDIE FU, M.D.; DIANE P. HOLDER FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY SENIOR FINANCE MANAGEMENT AND THE PRESIDENT IN DETAIL. THE FORM IS THEN DISCUSSED AND REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. FOLLOWING COMMITTEE LEVEL REVIEW, THE APPROVED DOCUMENT IS PROVIDED TO THE FULL MEMBERSHIP OF THE BOARD BEFORE ELECTRONIC SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES SHALL DISCLOSE TO THE BOARD OF TRUSTEES ANY POSSIBLE CONFLICT OF INTEREST AT THE EARLIEST PRACTICAL TIME. FURTHERMORE, THE TRUSTEE SHALL ABSENT HERSELF OR HIMSELF FROM DISCUSSIONS OF, AND ABSTAIN FROM VOTING ON, SUCH MATTERS UNDER CONSIDERATION BY THE BOARD OF TRUSTEES OR ITS COMMITTEES. THE MINUTES OF SUCH MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE AND THAT THE TRUSTEE HAVING A CONFLICT, OR POSSIBLE CONFLICT, ABSTAINED FROM VOTING. ANY TRUSTEE WHO IS UNCERTAIN WHETHER A CONFLICT OF INTEREST MAY EXIST IN ANY MANNER MAY REQUEST THE BOARD OF TRUSTEES OR COMMITTEE TO RESOLVE THE QUESTION IN HER OR HIS ABSENCE BY MAJORITY VOTE. ANNUALLY, BOARD MEMBERS AND KEY EMPLOYEES SIGN A CONFLICT OF INTEREST DISCLOSURE FORM PROVIDED BY THE SECRETARY OF THE BOARD. THE SIGNED FORM IS THEN FORWARDED TO THE PRESIDENT'S OFFICE AND THE FINANCE DEPARTMENT TO BE LOGGED AND FILED FOR REFERENCE. ANY IDENTIFIED CONFLICTS ARE IMMEDIATELY BROUGHT TO THE ATTENTION OF THE EXECUTIVE COMMITTEE OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S COMPENSATION IS ESTABLISHED BY THE BOARD OF TRUSTEES THROUGH THE EXECUTIVE OR COMPENSATION COMMITTEE USING INDEPENDENT CONSULTANTS AND DATA FROM PEER INSTITUTIONS. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S POLICIES, ORGANIZATIONAL DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE UNIVERSITY'S WEBSITE. FORM 990, PART VII, TRUSTEES EMERITI: THE FOLLOWING INDIVIDUALS ARE EMERITI TRUSTEES WHO MAY ATTEND ALL MEETINGS OF THE BOARD AND COMMITTEES, BUT SHALL HAVE NO VOTING RIGHTS: THOMAS J. HILLIARD, JR (DECEASED 01/29/2015) AND HANNAH HONIG KAMIN. FORM 990, PART XII, LINE 2C, FINANCIAL STATEMENTS AND REPORTING: THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS APPROVES THE APPOINTMENT OF THE INDEPENDENT ACCOUNTING FIRM ENGAGED TO AUDIT THE UNIVERSITY'S FINANCIAL STATEMENTS ON AN ANNUAL BASIS. IN ADDITION, THE AUDIT COMMITTEE REVIEWS DRAFT FINANCIAL STATEMENTS AND RECEIVES A REPORT ON THE RESULTS OF THE AUDIT FROM THE INDEPENDENT ACCOUNTANT. THE AUDIT COMMITTEE IS ALSO UPDATED REGARDING THE AUDIT BY THE SENIOR VICE PRESIDENT OF FINANCE FOR FINANCE AND ADMINISTRATION AND BY THE ASSISTANT VICE PRESIDENT FOR FINANCE AND ADMINISTRATION. CHATHAM INVESTMENTS LLC WOODLAND ROAD PITTSBURGH PA 15232 901022878 TO HOLD OWNERSHIP IN A SOLAR PV PROJECT PA 0 859392 CHATHAM UNIVERSITY THE DIETRICH FOUNDATION 600 GRANT STR SUITE 5360 PITTSBURGH PA 15219 364711746 SUPPORT, BENEFIT, PERFORM THE FUNCTIONS OF AND CARRY OUT PURPOSES OF C.U. PA 501(C)(3) TYPE I N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0