2016-05-16T09:16:17-05:00 2015-06-30 910189318 MOSS ADAMS LLP 805 SW BROADWAY STE 1200 PORTLAND OR 97205 990 2014-07-01 930386839 GEORGE FOX UNIVERSITY GEOR 5035388383 414 N MERIDIAN STREET NEWBERG OR 97132 THEODORE E ALLEN EVP & CHIEF OPERATING OFFICER 5035388383 2016-05-11 1 WENDY CAMPOS P00448102 5032421447 2016-05-11 2014 2016-08-17 19:52:53Z THEODORE E ALLEN 414 N MERIDIAN STREET NEWBERG OR 97132 119818332 0 X WWW.GEORGEFOX.EDU X 1891 OR TO PREPARE STUDENTS SPIRITUALLY, ACADEMICALLY AND PROFESSIONALLY TO THINK WITH CLARITY, ACT WITH INTEGRITY AND SERVE WITH PASSION THROUGH BOTH UNDERGRADUATE AND GRADUATE EDUCATIONAL PROGRAMS OF STUDY FOR APPROXIMATELY 3,700 STUDENTS. 37 36 2389 144 0 0 4410675 6039811 93353613 101464302 1951456 1917305 -693512 1216450 99022232 110637868 27039346 29264021 0 0 42130043 44622674 0 0 1013073 20611078 24189155 89780467 98075850 9241765 12562018 123822699 131225701 44812440 41448419 79010259 89777282 X GEORGE FOX UNIVERSITY, A CHRIST-CENTERED COMMUNITY, PREPARES STUDENTS SPIRITUALLY, ACADEMICALLY AND PROFESSIONALLY TO THINK WITH CLARITY, ACT WITH INTEGRITY AND SERVE WITH PASSION THROUGH BOTH UNDERGRADUATE EDUCATIONAL PROGRAMS OF STUDY FOR APPROXIMATELY 3,700 STUDENTS. 0 0 49714392 29088909 68859242 QUALITY UNDERGRADUATE EDUCATION IN THE HUMANITIES, SCIENCES AND PROFESSIONAL STUDIES, WITH MORE THAN 40 MAJORS. 12683974 175112 20929242 QUALITY GRADUATE EDUCATION PROGRAMS IN THE AREAS OF PSYCHOLOGY, COUNSELING, PHYSICAL THERAPY, EDUCATION, BUSINESS AND SEMINARY, INCLUDING 5 SEMINARY DEGREES, 12 MASTERS AND DOCTORAL DEGREES, AND ADULT DEGREE COMPLETION EDUCATION PROGRAMS. 5291436 0 0 ATHLETIC PROGRAMS FOR MEN AND WOMEN DEVELOPING LEADERSHIP AND TEAM-BUILDING SKILLS, INCLUDING BASEBALL, SOFTBALL, VOLLEYBALL, BASKETBALL, TRACK, CROSS COUNTRY, SOCCER, GOLF AND TENNIS (NCAA DIVISION 3), AND STUDENT LIFE EXPENDITURES. 15654947 0 1251850 ADMISSIONS, HOUSING, FOOD SERVICE AND MANAGEMENT & GENERAL. 15654947 0 1251850 83344749 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 1 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 0 0 1 141 0 1 2389 1 0 0 0 0 1 1 0 0 0 0 0 X 37 36 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA OR WA X THEODORE E ALLEN 5035542161 414 N MERIDIAN STREET NEWBERG OR 97132 DAVE GREEN TRUSTEE CHAIR 5.00 X X 0 0 0 DEBORAH A MARTIN TRUSTEE VICE CHAIR 5.00 X X 0 0 0 DAVID WOOLSEY TRUSTEE SECRETARY 5.00 X X 0 0 0 DAVID ANDERSEN TRUSTEE 5.00 X 0 0 0 PATRICIA ANDERSON TRUSTEE 5.00 X 0 0 0 BECKY ANKENY TRUSTEE 5.00 X 0 0 0 KEN BEEBE TRUSTEE 5.00 X 0 0 0 CARRIE LAMM BISHOP TRUSTEE 5.00 X 0 0 0 DON G CARTER TRUSTEE 5.00 X 0 0 0 DAN CAMMACK TRUSTEE 5.00 X 0 0 0 RAYMOND CHEUNG TRUSTEE 5.00 X 0 0 0 MIKE DELK TRUSTEE 5.00 X 0 0 0 FRANK ENGLE JR TRUSTEE 5.00 X 0 0 0 ANGELA FOGG TRUSTEE 5.00 X 0 0 0 KEITH G GALITZ TRUSTEE 5.00 X 0 0 0 SCOTT GRATSINGER TRUSTEE 5.00 X 0 0 0 DALE W HADLEY TRUSTEE 5.00 X 0 0 0 ERIC HAGEN TRUSTEE 5.00 X 0 0 0 ESTLE HARLAN TRUSTEE 5.00 X 0 0 0 PAULA KINNEY TRUSTEE 5.00 X 0 0 0 JIM LE SHANA TRUSTEE 5.00 X 0 0 0 HEATHER LEWIS TRUSTEE 5.00 X 0 0 0 DEBORAH MARTIN TRUSTEE 5.00 X 0 0 0 STANLEY D MORSE TRUSTEE 5.00 X 0 0 0 BARBARA D PALMER TRUSTEE 5.00 X 0 0 0 BRENT PETERSON TRUSTEE 5.00 X 0 0 0 VICTOR A PETERSON TRUSTEE 5.00 X 0 0 0 ADAM PUCKETT TRUSTEE 5.00 X 0 0 0 KEN REDFORD TRUSTEE 5.00 X 0 0 0 GLORIA SCHWINDT TRUSTEE 5.00 X 0 0 0 TRUMAN STONE TRUSTEE 5.00 X 0 0 0 CURTIS STRAUSS TRUSTEE 5.00 X 0 0 0 STEPHEN M TATONE TRUSTEE 5.00 X 0 0 0 KENT L THORNBURG TRUSTEE 5.00 X 0 0 0 DAVE VANDLINDE TRUSTEE 5.00 X 0 0 0 WILLIAM B WILSON TRUSTEE 5.00 X 0 0 0 SCOTT WINTER TRUSTEE 5.00 X 0 0 0 THEODORE E ALLEN EXEC VP AND CHIEF OPERATING OFFICER 60.00 X 197803 0 25615 LYNN E ANDREWS VP FOR ADVANCEMENT 60.00 X 143165 0 14134 ROBIN BAKER PRESIDENT 60.00 X 405551 0 123397 BRADLEY LAU VP FOR STUDENT LIFE 60.00 X 106092 0 22051 LINDA L SAMEK PROVOST 60.00 X 140955 0 18443 ROBERT K WESTERVELT EXEC VP FOR ENROLLMENT & MARKETING 60.00 X 161867 0 24103 ALTON P ALLEN PROFESSOR - EDFL 60.00 X 123209 0 17899 JAMES D FOSTER DEAN OF BEHAVIORAL HEALTH & SCIENCES 60.00 X 105017 0 6617 ROBERT HARDER DEAN, COLLEGE OF ENGINEERING 60.00 X 127901 0 7683 JEFFERY R HOUCK DIRECTOR OF RESEARCH, PROF OF PT 60.00 X 108122 0 21061 MARY PETERSON PROFESSOR CLINICAL PSYCHOLOGY 60.00 X 132897 0 11448 1752579 0 292451 14 0 1 0 ANDERSEN CONSTRUCTION CO INC PO BOX 6712 PORTLAND OR 97228 CONSTRUCTION CONTRACTOR 3759649 BON APPETIT 1000 WEST TEMPLE ST LOS ANGELES CA 900740196 FOOD SERVICE 3302467 TODD CONSTRUCTION INC PO BOX 949 TUALATIN OR 97062 CONSTRUCTION CONTRACTOR 2050486 BERNHARDT GOLF 7340 SW MILLER HILL RD BEAVERTON OR 970075459 CONSTRUCTION CONTRACTOR 785438 FIELD TURF USA INC 175 NORTH INDUSTRIAL BLVD CALHOUN GA 30701 CONSTRUCTION CONTRACTOR 351504 12 23353 508634 5507824 2119035 6039811 STUDENT TUITION & FEES 611600 89788484 89788484 AUXILIARY ENTERPRISES 900099 11675818 11675818 101464302 573345 573345 10478550 9134590 1343960 1343960 1343960 10474 23353 45874 -35400 -35400 ACTIVITY FEES & OTHER 611310 1251850 1251850 1251850 110637868 91040334 0 13557723 29264021 29264021 1301242 1301242 32916230 26661596 5764421 490213 1369528 7952 1361576 6756766 6298938 343262 114566 2278908 29742 2249166 202444 13402 189042 81332 9055 72277 169296 169296 4894472 4499779 387193 7500 920487 24164 881423 14900 5338279 3853703 1417815 66761 708434 84814 623334 286 1771421 326956 1385425 59040 2854794 2606749 238003 10042 652137 489556 56992 105589 1112645 526510 586135 2639693 2167565 472128 460434 9986 450448 MEMBERSHIPS 729749 146744 581961 1044 ENTERTAINMENT 649867 529619 73200 47048 MAINTENANCE 499287 87209 412022 56 OPERATIONS/MAINTENANCE 0 5799063 -5799063 504384 -92374 500730 96028 98075850 83344749 13718028 1013073 34187 24180 24995577 22680776 2821316 2365626 1400818 1500939 2527765 2339278 77216 0 436196 649987 132274141 54286181 67894414 77987960 23504885 23546630 130325 130325 123822699 131225701 4934715 5493817 3666862 4234802 19510000 19510000 3578905 0 4992759 4403979 1343914 1344149 6785285 6461672 44812440 41448419 X 54611993 65308662 6934235 6818577 17464031 17650043 79010259 89777282 123822699 131225701 X 12562018 -1721456 -73539 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 83800 185525 0 0 X X X X 0 21568324 151458 -656 824700 0 0 20894426 18709173 918559 2697106 756514 0 0 21568324 18037724 158778 1306766 794095 0 0 18709173 18617884 1032161 -790167 822394 -240 0 18037724 16739357 334770 2487260 968115 -24612 0 18617884 0.12000 0.80000 0.08000 1 0 14500823 14500823 77396089 28167147 49228942 7969784 3167126 4802658 25833940 22951908 2882032 6573505 6573505 77987960 ACTUARIAL LIABILITIES-TRUSTS AND ANNUITIES 3129227 INTEREST RATE SWAP LIABILITY 3332445 6461672 X 79455430 -1721456 -29337560 -31059016 110514446 169296 -45874 123422 110637868 68688407 45874 45874 68642533 169296 29264021 29433317 98075850 PART III, LINE 4: ART ITEMS ARE USED IN TEACHING, AND ANCIENT MANUSCRIPTS ARE PART OF AN ONGOING PROJECT TO PRESERVE AND SCAN ANCIENT MANUSCRIPTS FOR POSTERITY AND TO PROVIDE THE SCANNED DOCUMENTS FOR SCHOLARSHIP. PART V, LINE 4: ENDOWMENT FUNDS ARE USED FOR STUDENT SCHOLARSHIPS AND ALSO FOR OTHER DESIGNATED EDUCATIONAL PURPOSES AS REQUIRED BY THE DONOR. PART X, LINE 2: FIN 48 (ASC 740) UNCERTAIN TAX POSITIONS FINANCIAL STATEMENT FOOTNOTE - THE UNIVERSITY RECOGNIZES THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE UNIVERSITY HAD NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2015 AND 2014. THE UNIVERSITY RECOGNIZES INTEREST ACCRUED AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS, IF ANY, AS AN ADMINISTRATIVE EXPENSE. DURING THE YEARS ENDED JUNE 30, 2015 AND 2014, THE UNIVERSITY RECOGNIZED NO INTEREST AND PENALTIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN/LOSS ON INTEREST RATE SWAPS -231,093. CHANGE IN PRESENT VALUE OF ANNUITIES 49,836. CHANGE IN PRESENT VALUE OF CHARITABLE REMAINDER TRUSTS 107,718. SCHOLARSHIPS & FELLOWSHIPS NETTED WITH REVENUE ON FINANCIAL STATEMENTS -29,264,021. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES NETTED WITH REVENUE ON 990 -45,874. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES NETTED WITH REVENUE ON 990 45,874. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS & FELLOWSHIPS NETTED WITH REVENUE ON FINANCIAL STATEMENTS 29,264,021. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 OUR NON-DISCRIMINATION POLICY IS PUBLISHED ANNUALLY IN THE PORTLAND OREGONIAN NEWSPAPER IN CONJUNCTION WITH THE OREGON ALLIANCE OF INDEPENDENT COLLEGES & UNIVERSITIES. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES TITLE IV AID FOR SEOG, FEDERAL WORK STUDY AND PERKINS LOANS. THE UNIVERSITY ALSO ADMINISTERS GRANTS WITH THE NSF. 1 EAST ASIA AND THE PACIFIC 0 3 PROGRAM SERVICES ADMISSION COUNSELING 57000 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 1909000 0 3 0 0 0 3 1966000 0 1966000 1 0 0 0 0 0 PART I, LINE 3: EXPENDITURES ARE ACCOUNTED FOR UNDER THE ACCRUAL METHOD. GOLF TOURNAMENT 33827 23353 10474 32619 570 12685 33827 23353 10474 32619 570 12685 45874 -35400 1 ACADEMIC SCHOLARSHIPS 1769 16760697 PERFORMANCE SCHOLARSHIPS 304 615100 SEOG GRANTS 316 234960 ENDOWED & DESIGNATED SCHOLARSHIPS 413 728365 OTHER SCHOLARSHIPS 1708 10924899 PART I, LINE 2: ONCE THE SPECIFIC CRITERIA FOR EACH SCHOLARSHIP HAVE BEEN REVIEWED AND MET, GFU DISBURSES FINANCIAL AID FUNDS TO THE INDIVIDUAL STUDENT'S ACCOUNT DIRECTLY, ENSURING THAT THE FUNDS ARE USED AS INTENDED FOR TUITION AND EDUCATIONAL COSTS. X X X 1 1 X X X 0 0 0 0 0 0 0 1 0 THEODORE E ALLEN EXEC VP AND CHIEF OPERATING OFFICER 197803 0 0 0 0 0 11040 0 14575 0 223418 0 0 0 LYNN E ANDREWS VP FOR ADVANCEMENT 143165 0 0 0 0 0 8323 0 5811 0 157299 0 0 0 ROBIN BAKER PRESIDENT 405551 0 0 0 0 0 21043 0 102354 0 528948 0 0 0 LINDA L SAMEK PROVOST 140955 0 0 0 0 0 8280 0 10163 0 159398 0 0 0 ROBERT K WESTERVELT EXEC VP FOR ENROLLMENT & MARKETING 141867 0 20000 0 0 0 8850 0 15253 0 185970 0 0 0 PART I, LINE 1A GEORGE FOX OWNS A HOME THAT IS SUITABLE FOR UNIVERSITY EVENTS AND FUNCTIONS THAT ARE HOSTED BY THE UNIVERSITY PRESIDENT AND HIS/HER SPOUSE. THE PRESIDENT IS PROVIDED WITH THIS HOUSING AND THE BENEFIT IS NOT INCLUDED IN TAXABLE INCOME. IN ORDER TO ENHANCE THE INFLUENCE OF THE UNIVERSITY IN THE LOCAL COMMUNITY, ARLINGTON CLUB DUES ARE PAID FOR THE PRESIDENT. THE ARLINGTON CLUB PROVIDES A FORUM FOR NETWORKING WITHIN THE BUSINESS COMMUNITY TO FIND PEOPLE INTERESTED IN INVESTING TIME AND RESOURCES IN HIGHER EDUCATION. DUES PAID ARE NOT INCLUDED IN TAXABLE INCOME. THE PRESIDENT'S SPOUSE'S ATTENDANCE IS REQUIRED FOR SOME EVENTS AND FUNCTIONS. TRAVEL FOR THOSE EVENTS/FUNCTIONS IS CONSIDERED TO BE AN ORDINARY AND NECESSARY BUSINESS EXPENSE FOR THE PRESIDENT'S SPOUSE TO ACCOMPANY HIM AND THEREFORE IS NOT INCLUDED IN TAXABLE INCOME. PART I, LINE 7 NON-FIXED BONUSES ARE AWARDED BASED ON ACHIEVEMENT OF SPECIFIC PERFORMANCE METRICS. A YAMHILL COUNTY OREGON SERIES 2012A GEORGE FOX UNIVERSITY PROJECT 936002318 2012-07-04 19461225 RE-FINANCE OF 2005 BOND ISSUE 0 0 0 A 19461225 181225 19280000 2012 1 0 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 1 1 US BANK EXP 10135 30.000000000000 0 0 0 0 1 A 1 ANDERSEN CONSTRUCTION TRUSTEE DAVID ANDERSEN OWNS COMPANY 751759 CONSTRUCTION CONTRACT 0 X 4 83800 APPRAISAL X 263 DONOR VALUATION X 9 45099 FMV BROKER X 2 1950000 APPRAISAL X EQUIPMENT 10 20761 DONOR VALUATION X OFFICE SUPPLIES 64 11056 DONOR VALUATION X MISCELLANEOUS SMALL ITEMS 28 8056 DONOR VALUATION 0 0 1 0 PART I, COLUMN (B): NUMBER REPORTED IS THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS PREPARED BY A THIRD-PARTY ACCOUNTING FIRM. FINANCE OFFICE STAFF, THE CONTROLLER AND THE CFO REVIEW FORM 990 BEFORE FILING. THE BOARD OF TRUSTEES FINANCE COMMITTEE REVIEWS FORM 990 AFTER FILING AT THEIR NEXT MEETING. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES AND BOARD OF TRUSTEE MEMBERS ARE REQUIRED TO COMPLETE A NEW CONFLICT OF INTEREST FORM EACH YEAR. THESE RECORDS ARE MONITORED AND REVIEWED BY THE ASSOCIATE DIRECTOR OF HUMAN RESOURCES. THE FORMS ARE MAINTAINED IN THE HUMAN RESOURCES DEPARTMENT. PERIODICALLY DURING THE TIME-FRAME THAT THESE FORMS ARE SENT TO EMPLOYEES, THE ASSOCIATE DIRECTOR SENDS OUT ADDITIONAL REQUESTS TO THOSE WHO HAVE NOT COMPLETED THE FORMS. THIS INCLUDES CONTACTING EMPLOYEES' SUPERVISORS WHEN NECESSARY. IF A CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST IS NOTATED ON A FORM BY THE EMPLOYEE OR TRUSTEE, THE DIRECTOR OF HUMAN RESOURCES REVIEWS IT. IF MORE INFORMATION IS NEEDED, SHE CONTACTS THE EMPLOYEE OR TRUSTEE. IF, IN THE DIRECTOR'S JUDGMENT, IT IS DEEMED NOT TO BE A CONFLICT OF INTEREST, THE FORM IS FILED AND NO FURTHER ACTION IS TAKEN. IF A CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST EXISTS, THE DIRECTOR GIVES THE FORM TO THE EVP FOR FINANCE AND OPERATIONS TO REVIEW. IF NECESSARY, THE EVP THEN CONTACTS THE EMPLOYEE OR TRUSTEE OR THE HEAD OF THE DEPARTMENT THAT MIGHT BE IMPACTED BY THE CONFLICT OF INTEREST (IF IT IS AN OUTSIDE BUSINESS THE UNIVERSITY MIGHT CONTRACT WITH FOR SERVICES OR PRODUCTS) TO ENSURE THAT SOUND BUSINESS PRACTICES CONTINUE TO BE FOLLOWED IN SELECTING VENDORS, ETC. ANY EMPLOYEES OR TRUSTEES WITH CONFLICTS WILL BE PROHIBITED FROM ANY DELIBERATIONS AND DECISIONS RELATED TO THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 FOR THE PRESIDENT OF THE UNIVERSITY: COMPENSATION IS EVALUATED AND ESTABLISHED BY THE BOARD OF TRUSTEES. NO CONFLICT OF INTEREST FOR MEMBERS EVALUATING AND REVIEWING THE PRESIDENT'S COMPENSATION EXISTS. THE BOARD REVIEWS AND DISCUSSES THE COMPENSATION OF OTHER UNIVERSITY PRESIDENTS WITHIN THE COUNCIL FOR CHRISTIAN COLLEGES AND UNIVERSITIES, SPECIFICALLY, THE ONES WITH SIMILAR ENROLLMENT AND STUDENT DEMOGRAPHICS (PELL ELIGIBILITY, ETC.), AND THEN ADJUSTS FOR THE COST OF LIVING IN OTHER REGIONS. - COMPENSATION IS APPROVED BY THE BOARD. - DISCUSSION WITHIN THE BOARD REGARDING COMPENSATION ISSUES IS DOCUMENTED IN THE APPROPRIATE MINUTES OF THOSE MEETINGS, GENERALLY THE EXECUTIVE COMMITTEE OF THE BOARD. - THIS PROCESS IS DOCUMENTED THROUGH THE TRANSFER OF THIS DOCUMENTATION AND EMAIL CORRESPONDENCE BETWEEN HUMAN RESOURCES AND THE PRESIDENT'S OFFICE. - A CONTRACT IS COMPLETED AND SIGNED BY A BOARD MEMBER AND SUPPLIED TO HUMAN RESOURCES. CHANGES AND/OR ADJUSTMENTS TO THE PRESIDENT'S COMPENSATION ARE ALSO COMMUNICATED VIA EMAIL ON BEHALF OF A MEMBER OF THE BOARD. - FOR THIS PERIOD, THE REVIEW OF THE PRESIDENT'S COMPENSATION PACKAGE WAS COMPLETED IN MARCH 2011. THE PRESIDENT'S COMPENSATION AND CONTRACT WILL BE COMPLETED AGAIN IN FEBRUARY 2016. FOR THE VICE PRESIDENTS AND PROVOST: COMPENSATION IS EVALUATED AND ESTABLISHED BY THE PRESIDENT OF THE UNIVERSITY. NO CONFLICT OF INTEREST EXISTS. THE PRESIDENT OF THE UNIVERSITY REVIEWS THE COMPENSATION OF OTHER UNIVERSITY VICE PRESIDENTS WITHIN THE COUNCIL FOR CHRISTIAN COLLEGES AND UNIVERSITIES, SPECIFICALLY, THE ONES WITH SIMILAR ENROLLMENT AND STUDENT DEMOGRAPHICS (PELL ELIGIBILITY, ETC.), AND THEN ADJUSTS FOR THE COST OF LIVING IN OTHER REGIONS. CUPA-HR SURVEY DATA IS ALSO SUPPLIED TO THE PRESIDENT BY HUMAN RESOURCES FOR COMPARISON. - INDIVIDUAL COMPENSATION IS NEGOTIATED BETWEEN EACH VICE PRESIDENT AND THE PRESIDENT OF THE UNIVERSITY. THE BUDGET FOR THAT COMPENSATION IS APPROVED AS PART OF THE ENTIRE UNIVERSITY BUDGET BY THE BOARD OF TRUSTEES. - A CONTRACT IS COMPLETED FOR EACH VICE PRESIDENT AND SIGNED BY THE PRESIDENT OF THE UNIVERSITY. - THIS PROCESS IS DOCUMENTED THROUGH THE TRANSFER OF THIS DOCUMENTATION AND EMAIL CORRESPONDENCE BETWEEN HUMAN RESOURCES AND THE PRESIDENT'S OFFICE. - TIMING FOR COMPLETION OF THE PROCESS: CHIEF OPERATING OFFICER - JULY 2014. TO BE COMPLETED AGAIN IN JUNE 2017. VP OF ENROLLMENT AND MARKETING - JUNE 2015. TO BE COMPLETED AGAIN IN JUNE 2019. VP OF STUDENT LIFE - JUNE 2015. TO BE COMPLETED AGAIN IN JUNE 2018. VP OF ADVANCEMENT - JUNE 2015. TO BE COMPLETED AGAIN IN JUNE 2017. PROVOST - JUNE 2015. TO BE COMPLETED AGAIN IN JUNE 2018. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE. FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: UNREALIZED GAIN/LOSS ON INTEREST RATE SWAPS -231,093. CHANGE IN PRESENT VALUE OF ANNUITIES 49,836. CHANGE IN PRESENT VALUE OF CHARITABLE REMAINDER TRUSTS 107,718. CHARITABLE REMAINDER UNITRUSTS (20) CHARITABLE REMAINDER TRUST OR GEORGE FOX UNIVERSITY 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0