2015-04-09T12:59:35-05:00 2014-05-31 440160260 BKD LLP 200 E MAIN STREET FORT WAYNE IN 468021900 990 2013-06-01 340714681 JOHN CARROLL UNIVERSITY JOHN 2163971886 1 JOHN CARROLL BOULEVARD UNIVERSITY HEIGHTS OH 44118 RICHARD F MAUSSER VP FOR FINANCE & TREASURER 2163971886 2015-04-09 true JOYCE DULWORTH P00151125 2604604033 2015-04-09 2013 2016-02-25 16:41:14Z REV ROBERT L NIEHOFF SJ 1 JOHN CARROLL BOULEVARD UNIVERSITY HEIGHTS OH 44118 215414524 false X WWW.JCU.EDU X 1886 OH AS ONE OF 28 JESUIT CATHOLIC COLLEGES AND UNIVERSITIES IN THE UNITED STATES, JOHN CARROLL UNIVERSITY'S MISSION IS TO INSPIRE INDIVIDUALS TO EXCEL IN LEARNING, LEADERSHIP, AND SERVICE IN THE REGION AND IN THE WORLD. 40 36 2258 783 102661 15812541 12985325 120491126 128542489 7237482 8947704 669904 495104 144211053 150970622 56580285 63196654 0 53026477 54251280 5976 0 4068728 33236820 33818501 142849558 151266435 1361495 -295813 401054125 429139592 80439220 93793418 320614905 335346174 X AS ONE OF 28 JESUIT CATHOLIC COLLEGES AND UNIVERSITIES IN THE UNITED STATES, JOHN CARROLL UNIVERSITY'S MISSION IS TO INSPIRE INDIVIDUALS TO EXCEL IN LEARNING, LEADERSHIP, AND SERVICE IN THE REGION AND IN THE WORLD. false false 142968553 63196654 128492489 SEE SCHEDULE O FOR DESCRIPTION OF PROGRAM ACCOMPLISHMENTS. FROM ITS MODEST ORIGIN IN 1886 AS SAINT IGNATIUS COLLEGE ON CLEVELAND'S NEAR WEST SIDE, JOHN CARROLL TODAY IS WIDELY RECOGNIZED AS A TRANSFORMATIVE UNIVERSITY THAT EXCELS IN UNDERGRADUATE AND POST-GRADUATE EDUCATION, ATTRACTING STUDENTS FROM 25 STATES AND 14 COUNTRIES. THE UNIVERSITY STRIVES TO DEVELOP EACH STUDENT AS A WHOLE PERSON - MIND, BODY, AND SOUL. AT THE SAME TIME, STUDENTS ARE CHALLENGED TO MAKE A DIFFERENCE IN THE WORLD THROUGH LEADERSHIP AND SERVICE. AS A JESUIT CATHOLIC UNIVERSITY, JOHN CARROLL OFFERS A RIGOROUS EDUCATION BASED ON A WELL-DEVELOPED LIBERAL ARTS CORE CURRICULUM, INCLUDING A VARIETY OF ACADEMIC PROGRAMS IN THE ARTS AND SCIENCES, AND EDUCATION. U.S. NEWS & WORLD REPORT RANKS JOHN CARROLL AMONG THE TOP 10 UNIVERSITIES IN THE MIDWEST THAT GRANT MASTER'S DEGREES, AND THE UNIVERSITY'S JOHN M. AND MARY JO BOLER SCHOOL OF BUSINESS HOLDS DUAL AACSB ACCREDITATION - AN INTERNATIONAL DISTINCTION AWARDED BY THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS PLACING IT IN THE TOP FIVE PERCENT OF BUSINESS SCHOOLS WORLDWIDE. JOHN CARROLL CONSISTENTLY RANKS AS ONE OF THE TOP SCHOOLS IN THE MIDWEST FOR RETENTION RATES AND GRADUATION RATES, WHICH SIGNIFICANTLY EXCEED U.S. AND OHIO AVERAGES. THE UNIVERSITY'S 14:1 STUDENT/FACULTY RATIO ENSURES INDIVIDUAL ATTENTION AND AN INTERACTIVE EXPERIENCE. 85% OF ALL CLASSES HAVE FEWER THAN 30 STUDENTS WITH NO CLASS EXCEEDING 50 STUDENTS. THE UNIVERSITY EDUCATED 3,052 UNDERGRADUATE STUDENTS AND 671 GRADUATE STUDENTS; OFFERED 43 BACHELOR DEGREE MAJORS AND 21 GRADUATE SCHOOL PROGRAMS; AND CONFERRED 642 BACHELOR AND 201 MASTERS DEGREES IN THE 2013-2014 ACADEMIC YEAR. JOHN CARROLL RANKS 4TH IN THE MIDWEST FOR RETENTION AND GRADUATION RATES. 89% OF JCU FRESHMEN RETURN AS SOPHOMORES, AND 64% OF JCU UNDERGRADS RECEIVE THEIR BACHELOR'S DEGREES IN FOUR YEARS, COMPARED WITH 52% OF OTHER FOUR- YEAR PRIVATE SCHOOLS NATIONWIDE, AND 32% OF FOUR-YEAR PUBLIC SCHOOLS. JOHN CARROLL UNIVERSITY HAS BEEN NAMED TO THE PRESIDENT'S HIGHER EDUCATION COMMUNITY SERVICE HONOR ROLL FOR SEVEN CONSECUTIVE YEARS. SERVICE TO OTHERS IS A DEFINING ELEMENT OF THE UNIVERSITY'S CAMPUS CULTURE; STUDENTS HAVE MANY OPPORTUNITIES TO ENGAGE WITH THE LOCAL COMMUNITY FROM THE TIME THEY ARE FRESHMEN. OUR STUDENTS LEARN FROM DISTINGUISHED FACULTY WHO ARE EXPERTS IN THEIR RESPECTIVE FIELDS. 98% OF OUR 185 FULL-TIME TEACHING FACULTY MEMBERS HOLD DOCTORAL DEGREES OR THE TERMINAL DEGREE IN THEIR FIELD; NINE ARE FULBRIGHT FELLOWS. THE MAJORITY OF OUR FACULTY HAVE PUBLISHED BOOKS, ARTICLES, OR RECEIVED RESEARCH GRANTS IN THE PAST TWO YEARS. THE UNIVERSITY'S VARSITY SPORTS TEAMS COMPETE AT THE NCAA DIVISION III INTERCOLLEGIATE LEVEL, AND HAVE WON OVER 70 LEAGUE TITLES AND HAVE PLACED AMONG THE TOP 10 DIVISION III SCHOOLS IN THE NATION ON SEVERAL OCCASIONS. MORE THAN 80 VARSITY ATHLETES HAVE BEEN NAMED DIVISION III ALL-AMERICANS WITH SIX NATIONAL CHAMPIONS, THREE NATIONAL PLAYERS OF THE YEAR AND ONE ACADEMIC ALL-AMERICAN OF THE YEAR. NEARLY 500 UNDERGRADUATES PARTICPATE IN 24 VARSITY MEN'S AND WOMEN'S SPORTS. STUDENTS ALSO HAVE ACCESS TO INTRAMURAL SPORTS, CLUB SPORTS, AND OTHER FITNESS AND RECREATIONAL ACTIVITIES. JOHN CARROLL UNIVERSITY WELCOMES STUDENTS AND FACULTY FROM DIFFERENT RELIGIOUS BACKGROUNDS AND VALUE SYSTEMS IN THE BELIEF THAT THE EDUCATIONAL ENVIRONMENT WHICH THE UNIVERSITY PROVIDES IS ONE WHICH THESE STUDENTS AND FACULTY MAY FIND CONGENIAL, REWARDING, AND ENRICHED BY THEIR PRESENCE. WITHIN THIS ENVIRONMENT THERE IS CONCERN FOR THE HUMAN AND SPIRITUAL DEVELOPMENTAL NEEDS OF THE STUDENTS AND A DEEP RESPECT FOR THE FREEDOM AND DIGNITY OF THE HUMAN PERSON. A FACULTY NOT ONLY PROFESSIONALLY QUALIFIED, BUT ALSO STUDENT ORIENTED, CONSIDERS EXCELLENCE IN INTERPERSONAL RELATIONSHIPS AS WELL AS ACADEMIC ACHIEVEMENT AMONG ITS PRIMARY GOALS. 142968553 true true false true false false false true false true true true false false true true true false true true true false false false true false false true true true true false false false false false false true false true false true false false false true false false false false true 5046 0 true 2258 true true true false false false false true true false false false false X 40 36 false false false false true true true true true false false false true true true true true true true true true X RICHARD F MAUSSER JOHN CARROLL UNIVERSITY 2163974273 1 JOHN CARROLL BOULEVARD UNIVERSITY HEIGHTS OH 44118 ROBERT L NIEHOFF SJ PRESIDENT 50.00 X X 0 0 0 DAVID W SHORT CHAIR OF THE 5.00 X 0 0 0 NANCY CUNNINGHAM BENACCI DIRECTOR 1.00 X 0 0 0 BARBARA BROWN DIRECTOR 1.00 X 0 0 0 REV MICHAEL P CARUSO SJ DIRECTOR 2.75 X 0 0 0 REV GERALD F CAVANAGH SJ DIRECTOR 1.00 X 0 0 0 JOAN M CROCKETT DIRECTOR 1.00 X 0 0 0 WILLIAM P DONNELLY DIRECTOR 2.75 X 0 0 0 KEVIN J EMBACH SJ MD DIRECTOR 1.00 X 0 0 0 TERRENCE P FERGUS DIRECTOR 1.00 X 0 0 0 REV JOHN P FITZGIBBONS SJ DIRECTOR 1.00 X 0 0 0 DANIEL J FRATE DIRECTOR 1.00 X 0 0 0 REV HOWARD J GRAY SJ DIRECTOR 2.75 X 0 0 0 DR EVELYN JENKINS GUNN DIRECTOR 1.00 X 0 0 0 ROBERT A HAGER DIRECTOR 2.75 X 0 0 0 ANNETTE L HAILE DIRECTOR 1.00 X 0 0 0 GENERAL CARTER F HAM DIRECTOR 1.00 X 0 0 0 HOWARD W HODDY HANNA III DIRECTOR 1.50 X 0 0 0 MICHAEL L HARDY DIRECTOR 1.00 X 0 0 0 HAROLD F HAWK JR DIRECTOR 1.25 X 0 0 0 ROBERT E HELTZEL JR DIRECTOR 2.00 X 0 0 0 ROBERT W HOSTOFFER DO DIRECTOR 1.00 X 0 0 0 WILLIAM E KAHL DIRECTOR 1.00 X 0 0 0 RICHARD J KRAMER DIRECTOR 1.00 X 0 0 0 TERESA K LEWANDOWSKI DIRECTOR 1.00 X 0 0 0 THOMAS B LEWIS DIRECTOR 2.00 X 0 0 0 L THOMAS MARCHLEN DIRECTOR 4.50 X 0 0 0 RICHARD E MAROUN DIRECTOR 1.00 X 0 0 0 JAMES M MYERS DIRECTOR 1.00 X 0 0 0 DAVID M O'BRIEN DIRECTOR 1.00 X 0 0 0 GERALD F O'CONNELL DIRECTOR 3.00 X 0 0 0 MICHAEL B PETRAS JR DIRECTOR 1.00 X 0 0 0 ARCHBISHOP PATRICK C PINDER DIRECTOR 1.00 X 0 0 0 BARBARA S SCHUBERT DIRECTOR 1.50 X 0 0 0 REV MICHAEL JL SHEERAN SJ DIRECTOR 2.00 X 0 0 0 RAYMOND E SMILEY DIRECTOR 1.25 X 0 0 0 REV LORN J SNOW SJ DIRECTOR 1.00 X 0 0 0 TERRANCE C SULLIVAN DIRECTOR 1.00 X 0 0 0 STEPHEN M TODD DIRECTOR 1.00 X 0 0 0 JOHN O WINCHESTER DIRECTOR 1.00 X 0 0 0 DOREEN K RILEY VP ADVANCEME 50.00 X 214662 0 30959 JOHN T DAY ACADEMIC VP 50.00 X 207999 0 30745 RICHARD F MAUSSER VP FINANCE/T 50.00 X 181731 0 83884 JONATHAN E SMITH VP/EXEC ASST 50.00 X 150417 0 18471 MARK D MCCARTHY VP STUDENT A 50.00 X 147273 0 24410 BRIAN G WILLIAMS VP FOR ENROL 50.00 X 140194 0 32076 PAUL V MURPHY VP MISSION/I 50.00 X 109379 0 30714 JEROME DESANTO EXECUTIVE VI 50.00 X 0 0 0 KAREN SCHUELE DEAN 50.00 X 192561 0 68022 ROBERT BLOOM PROFESSOR 40.00 X 182440 0 18009 LEROY BROOKS PROFESSOR 40.00 X 166391 0 28072 ALBERT NAGY PROFESSOR 40.00 X 165912 0 32917 MICHAEL BESTUL CIO (TECHNOL 40.00 X 152570 0 59195 PAUL R MURPHY PROFESSOR 40.00 X 151096 0 22593 2162625 480067 51 false true false THE KRILL COMPANY 1275 MAINE AVE CLEVELAND OH 44113 CONSTRUCTION 16954014 ARAMARK 1101 MARKET STREET PHILADELPHIA PA 19107 FOOD SERVICE 5127691 GCA SERVICES GROUP PO BOX 643823 PITTSBURGH PA 152643823 JANITORIAL SERV 1376726 JESUIT COMMUNITY AT JOHN CARROLL UNI VERSITY 2520 MIRAMAR UNIVERSITY HEIGHTS OH 44118 EDUCATIONAL SER 702238 THE SMITH & OBY COMPANY 7676 NORTHFIELD ROAD WALTON HILLS OH 44146 CONSTRUCTION 449895 37 5092 4533387 8446846 1179370 12985325 TUITION & FEES 611600 109568081 109568081 AUXILIARY ENTERPRISES 611710 16817655 16817655 OTHER FEES 611710 1502351 1502351 MISCELLANEOUS RECEIPTS 611710 654402 654402 128542489 5023475 5023475 165929 165929 3604910 3291985 312925 312925 101283 211642 65058325 61134096 3924229 3924229 3924229 33095 5092 17821 15274 15274 SPINNAKER GLOBAL EMERGING 236000 1028 1028 DAVIDSON KEMPNER INST PARTNRS 236000 350 350 COMMONFUND CAPITAL VENTURE VI 236000 -402 -402 976 150970622 128542489 102259 9340549 48100 48100 63148554 63148554 1665916 960801 455360 249755 13523 13523 39215310 35978940 1551127 1685243 2176166 1964684 106678 104804 8241482 6796961 726908 717613 2938883 2653278 144068 141537 369219 1933 367286 82050 2750 79300 169440 169440 241661 241661 1563176 1319642 84794 158740 257821 252050 2520 3251 3489753 3138958 44307 306488 1487860 1443328 17821 26711 5436750 5363590 57813 15347 1797058 1567508 67657 161893 1826142 1478315 102963 244864 2138465 2138465 7057313 7057313 682849 681501 1348 NON-PROF CONTRACT SVCS 6140569 6086677 39501 14391 DUES AND SUBSCRIPTIONS 769870 694552 28224 47094 OTHER 308505 177130 109818 21557 151266435 142968553 4229154 4068728 2218182 49535 26181782 21891234 3872356 3833129 539008 464865 5254536 5091725 1376059 1633944 317847275 121095815 179136806 196751460 122211003 125763323 56448512 69572091 3815881 4088286 401054125 429139592 12403082 15452541 147309 191877 3158724 3279558 52652153 49059748 6947017 20963015 5130935 4846679 80439220 93793418 X 193368892 197847940 39863504 47080102 87382509 90418132 320614905 335346174 401054125 429139592 X -295813 15153014 -125932 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false false false false true 169440 false false 169440 false SCHEDULE C, PART II-B, LINE 1 THE UNIVERSITY EMPLOYS A DIRECTOR FOR GOVERNMENT AND COMMUNITY RELATIONS WHO SPENT LESS THAN 30% OF HER TIME ADVOCATING RELATED TO FEDERAL GOVERNMENT RELATIONS AND LESS THAN 30% OF HER TIME ADVOCATING ON ISSUES RELATED TO STATE GOVERNMENT RELATIONS. MOST OF HER LOBBYING TIME IS SPENT ON LEGISLATION RELATED TO STUDENT AID, THE IMPLEMENTATION OF THE HIGHER EDUCATION REAUTHORIZATION ACT, THE FISCAL YEAR 2014 BUDGET APPROPRIATIONS BILLS AND REGULATIONS. THE UNIVERSITY CONTRACTS WITH TWO FIRMS THAT ARE REGISTERED LOBBYISTS. THE LOBBYING ACTIVITIES OF THOSE FIRMS INVOLVED CONTACT WITH LEGISLATORS AND STAFF AT THE STATE AND FEDERAL LEVELS OF GOVERNMENT THROUGH OFFICE VISITS, PHONE AND EMAIL CONVERSATIONS, AND GATHERINGS. THESE CONTACTS WERE FOR THE PURPOSE OF ADVOCATING ON ISSUES RELATED TO STUDENT FINANCIAL AID AND OTHER ISSUES AS THEY ARISE THAT WOULD DIRECTLY IMPACT THE UNIVERSITY OR ITS STUDENTS. THE FIRMS ALSO SERVE AS LIASONS TO GOVERNMENT AGENCIES BY MONITORING AND REPORTING ON GOVERNMENT PROGRAMS AND LEGISLATION AND REGULATIONS RELEVANT TO THE UNIVERSITY. X X X false 181003656 3149741 23974926 6499640 2604828 747077 198276778 159891892 4389972 26076499 6244202 2309482 801023 181003656 169294012 3232495 -3913001 6330899 1656191 734520 159891892 147101649 2438010 27916803 6314656 1108481 739313 169294012 131423642 2893409 20184650 5699845 1175611 524596 147101649 0.38240 0.41940 0.19820 true false 4101477 4678821 8780298 20086933 198498158 72416795 146168296 36327 6884479 4387233 2533573 39275896 29462183 9813713 44285184 14829604 29455580 196751460 MULTI-STRATEGY FUNDS 40057836 F HEDGED EQUITY FUNDS 25579079 F PRIVATE EQUITY FUNDS 3935176 F REAL ESTATE INVESTMENT FUNDS F 69572091 ASSET RETIREMENT OBLIGATIONS 3066691 REFUNDABLE FEDERAL STUDENT LOANS 1779988 4846679 X 105501722 15153014 -63259497 -48106483 153608205 -2637583 -2637583 150970622 90770453 3306975 3306975 87463478 63802957 63802957 151266435 SCHEDULE D, PAGE 1, PART III, LINE 1A THE UNIVERSITY HAS ELECTED NOT TO CAPITALIZE THE COST OR VALUE OF ITS COLLECTION OF WORKS OF ART, HISTORICAL TREASURES, AND SIMILAR ASSETS. THERE WERE NO DEACCESSIONS DURING THE YEAR. SCHEDULE D, PAGE 2, PART III, LINE 4 THE UNIVERSITY MAINTAINS A COLLECTION OF BOOKS, JOURNALS, ART, UNIVERSITY ARCHIVAL MATERIALS, MANUSCRIPTS AND ELECTRONIC RESOURCES. THESE ITEMS ARE HOUSED AND MADE AVAILABLE PRIMARILY THROUGH THE GRASSELLI LIBRARY AND BREEN LEARNING CENTER AS ESSENTIAL RESOURCES FOR THE EDUCATIONAL EXPERIENCE OF OUR STUDENTS. SCHEDULE D, PAGE 2, PART V, LINE 4 THE UNIVERSITY'S ENDOWMENT FUNDS ARE INVESTED AND A PORTION OF THE INCOME EARNED IS USED TO SUPPORT SCHOLARSHIPS, PROGRAMS, FACULTY WORK, OR A SPECIFIC AREA DESIGNATED BY THE DONOR. SCHEDULE D, PAGE 3, PART X UNDER PROVISIONS OF THE INTERNAL REVENUE CODE, THE UNIVERSITY IS EXEMPT FROM TAXES ON INCOME, OTHER THAN UNRELATED BUSINESS INCOME UNDER CODE SECTION 501(C)(3). THE UNIVERSITY HAD NO MATERIAL NET UNRELATED BUSINESS INCOME DURING THE YEARS ENDED MAY 31, 2014 AND 2013, AND THEREFORE NO PROVISION FOR INCOME TAXES HAS BEEN MADE. SCHEDULE D, PAGE 4, PART XI, LINE 2D SCHOLARSHIPS AND GRANTS-IN-AID NETTED AGAINST STUDENT FEES -63,148,555 CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 280,989 CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT -391,931 SCHEDULE D, PAGE 4, PART XI, LINE 4B RENTAL EXPENSE IS NOT NETTED AGAINST REVENUE ON AUDIT -3,291,985 MISCELLANEOUS RECEIPTS ARE NETTED AGAINST EXPENSES ON F/S 654,402 SCHEDULE D, PAGE 4, PART XII, LINE 2D TAX BENEFIT TO RENTAL ACTIVITIES ON AUDITED FINANCIALS 14,990 RENTAL EXPENSE IS NOT NETTED AGAINST REVENUE ON AUDIT 3,291,985 SCHEDULE D, PAGE 4, PART XII, LINE 4B SCHOLARSHIPS AND GRANTS-IN-AID NETTED AGAINST STUDENT FEES 63,148,555 MISCELLANEOUS RECEIPTS NETTED AGAINST EXPENSES ON F/S 654,402 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 THE UNIVERSITY IS IN COMPLIANCE WITH REV. PROC. 75-50 SCHEDULE E, LINE 6 THE UNIVERSITY RECEIVES FEDERAL STUDENT FINANCIAL AID ASSISTANCE FOR THE BENEFIT OF ITS STUDENTS FROM VARIOUS FEDERAL AGENCIES. THESE INCLUDE THE DEPARTMENT OF EDUCATION WHICH PROVIDES FUNDS FOR FEDERAL WORK STUDY, PELL GRANTS, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM, PERKINS LOAN PROGRAM AND FAMILY EDUCATIONAL LOAN PROGRAM. THE UNIVERSITY ALSO RECEIVES FEDERAL RESEARCH GRANTS FROM THE NATIONAL SCIENCE FOUNDATION, DEPARTMENT OF EDUCATION AND THE DEPARTMENT OF HEALTH AND HUMAN SERVICES. false EUROPE PROGRAM SERVICES STUDY ABROAD 924335 EAST ASIA AND THE PACIFIC PROGRAM SERVICES STUDY ABROAD 34265 NORTH AMERICA PROGRAM SERVICES STUDY ABROAD 31183 SOUTH ASIA PROGRAM SERVICES STUDY ABROAD 8626 SOUTH AMERICA PROGRAM SERVICES STUDY ABROAD 2752 CENTRAL AMERICA/CARIBBEAN PROGRAM SERVICES STUDY ABROAD 1974 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES STUDY ABROAD 1885 SUB-SAHARAN AFRICA PROGRAM SERVICES STUDY ABROAD 1094 CENTRAL AMERICA/CARIBBEAN INVESTMENTS 49542 EAST ASIA AND THE PACIFIC INVESTMENTS 21522330 EUROPE INVESTMENTS 25430727 MIDDLE EAST AND NORTH AFRICA INVESTMENTS 491591 NORTH AMERICA INVESTMENTS 2126311 RUSSIA AND NEIGHBORING STATES INVESTMENTS 1046835 SOUTH AMERICA INVESTMENTS 2393253 SOUTH ASIA INVESTMENTS 1863182 SUB-SAHARAN AFRICA INVESTMENTS 1616957 57546842 57546842 true false true true true false SCHEDULE F, PAGE 1, PART I, LINE 3 EUROPE 924,335 0 EAST ASIA AND THE PACIFIC 34,265 0 NORTH AMERICA 31,183 0 SOUTH ASIA 8,626 0 SOUTH AMERICA 2,752 0 CENTRAL AMERICA/CARIBBEAN 1,974 0 MIDDLE EAST AND NORTH AFRICA 1,885 0 SUB-SAHARAN AFRICA 1,094 0 CENTRAL AMERICA/CARIBBEAN 0 49,542 EAST ASIA AND THE PACIFIC 0 21,522,330 EUROPE 0 25,430,727 MIDDLE EAST AND NORTH AFRICA 0 491,591 NORTH AMERICA 0 2,126,311 RUSSIA AND NEIGHBORING STATES 0 1,046,835 SOUTH AMERICA 0 2,393,253 SOUTH ASIA 0 1,863,182 SUB-SAHARAN AFRICA 0 1,616,957 SCHEDULE F, PAGE 5, PART V THE UNIVERSITY PROVIDES A NUMBER OF STUDY ABROAD OPPORTUNITIES FOR ITS STUDENTS. VARIOUS STUDY ABROAD PROGRAMS ARE AVAILABLE EACH YEAR, BUT NOT ALL PROGRAMS LISTED BELOW ARE OFFERED EVERY ACADEMIC YEAR. THE UNIVERSITY ENJOYS LONG-STANDING STUDENT EXCHANGE AGREEMENTS WITH SOPHIA UNIVERSITY IN TOKYO, NANZAN UNIVERSITY IN NAGOYA, AND KANSAI GAIDAI UNIVERSITY IN KYOTO, JAPAN. IN ADDITION, THE UNIVERSITY IS A MEMBER OF THE INTERNATIONAL STUDENT EXCHANGE PROGRAM (ISEP), WHICH OFFERS STUDY ABROAD OPPORTUNITIES WORLDWIDE. IN RECENT YEARS THE UNIVERSITY HAS ALSO ADDED EXCHANGE PROGRAMS WITH THE UNIVERSITY OF HULL, ENGLAND; THE UNIVERSITY OF DORTMUND, GERMANY; RHODES UNIVERSITY, SOUTH AFRICA; RAI INSTITUTE, INDIA; AND FATIH UNIVERSITY, TURKEY. THE UNIVERSITY IS A MEMBER OF THE CONSORTIUM OF AMERICAN JESUIT COLLEGES AND UNIVERSITIES (AJCU) THAT SUPPORTS THE BEIJING PROGRAM FOR UNDERGRADUATE STUDY IN CHINA AS WELL AS THE CASA DE LA SOLIDARIDAD IN EL SALVADOR. STUDENTS CAN CHOOSE FROM SEVERAL PROGRAM OFFERINGS IN EUROPE FOR ONE SEMESTER OR TWO, DEPENDING ON THE PROGRAM. IN ENGLAND, BUSINESS STUDENTS CAN ENROLL IN THE UNIVERSITY'S BOLER BUSINESS SEMESTER IN LONDON; NON-BUSINESS STUDENTS CAN ENROLL IN THE LONDON LIBERAL ARTS SEMESTER, BOTH IN COOPERATION WITH REGENT'S COLLEGE. IN ITALY, STUDENTS CAN PARTICIPATE IN THE UNIVERSITY'S OWN VATICAN PROGRAM IN COOPERATION WITH THE PONTIFICA UNIVERSITA URBANIANA; LOYOLA UNIVERSITY OF CHICAGO'S ROME CENTER; OR JOHN CABOT UNIVERSITY IN ROME. THE UNIVERSITY HAS ALSO ESTABLISHED STUDY ABROAD PROGRAMS IN IRELAND (MAYNOOTH), SPAIN (MADRID), AND COSTA RICA. IN ADDITION, COOPERATIVE AGREEMENTS EXIST WITH PROGRAMS IN AUSTRALIA (AUSTRALEARN) AND DENMARK (DIS), AND THE UNIVERSITY OFFERS SHORT TERM FACULTY LED PROGRAMS IN NUMEROUS COUNTRIES ALL OVER THE WORLD. FL IL IN NY OH PA GOLF OUTING 38187 5092 33095 13417 107 4297 38187 5092 33095 13417 107 4297 17821 15274 true CATHOLIC COMMUNITY CONNECTION 2351 E 22ND STREET CLEVELAND OH 44115 161635599 501C3 20000 ANNUAL SUPPORT ST MARTIN DE PORRES HIGH SCHOOL 6111 LAUSCHE AVE CLEVELAND OH 44103 300204919 501C3 28100 STUDENT EMPLOYMENT 2 SCHOLARSHIPS AND GRANTS 3103 63148554 SCHEDULE I, PAGE 1, PART I, LINE 2 THE UNIVERSITY AWARDS SCHOLARSHIPS AND GRANTS BASED ON SUPERIOR ACADEMIC ACHIEVEMENT AND DEMONSTRATED FINANCIAL NEED. INDIVIDUALS RECEIVING AWARDS FROM JOHN CARROLL UNIVERSITY ARE CHOSEN BASED UPON OBJECTIVE AND NON-DISCRIMINATORY CRITERIA WHICH ARE CONSISTENT WITH THE OVERALL TAX-EXEMPT PURPOSE OF THE UNIVERSITY. X X X true true X X X X X false false false false false false false false false DOREEN K RILEY VP ADVANCEMENT 183662 25000 6000 12900 18059 245621 JOHN T DAY ACADEMIC VP 207999 12600 18145 238744 RICHARD F MAUSSER VP FINANCE/TREASURER 181731 11100 72784 265615 JONATHAN E SMITH VP/EXEC ASST TO PRES 150417 9000 9471 168888 MARK D MCCARTHY VP STUDENT AFFAIRS 147273 9000 15410 171683 BRIAN G WILLIAMS VP FOR ENROLLMENT 140194 9000 23076 172270 KAREN SCHUELE DEAN 192561 11817 56205 260583 ROBERT BLOOM PROFESSOR 182440 10831 7178 200449 LEROY BROOKS PROFESSOR 166391 10062 18010 194463 ALBERT NAGY PROFESSOR 165912 10224 22693 198829 MICHAEL BESTUL CIO (TECHNOLOGY) 152570 9450 49745 211765 PAUL R MURPHY PROFESSOR 151096 9033 13560 173689 SCHEDULE J, PAGE 1, PART I, LINE 1A IN RECOGNITION OF THE UNIQUE ROLE OF THE PRESIDENT IN REPRESENTING THE UNIVERSITY, THE BOARD OF DIRECTORS OF JOHN CARROLL UNIVERSITY REQUIRES THE PRESIDENT, AS A CONDITION OF THEIR EMPLOYMENT, TO LIVE IN A RESIDENCE CONTIGUOUS TO THE UNIVERSITY AND SUITABLE FOR CARRYING OUT THEIR ROLE AND REQUIRED OFFICIAL DUTIES. AS PART OF THEIR OFFICIAL DUTIES, THE PRESIDENT IS RESPONSIBLE FOR EXTENDING OFFICIAL HOSPITALITY TO IMPORTANT VISITORS AND GUESTS IN CONJUNCTION WITH OFFICIAL FUNCTIONS (I.E., CAMPUS ACTIVITIES, ALUMNI AND ADVANCEMENT EVENTS, ETC.). MAID SERVICES ARE PROVIDED TO THE PRESIDENT FOR THE UNIVERSITY OWNED RESIDENCE IN WHICH THEY RESIDE. NO TAXABLE INCOME IS IMPUTED FOR THESE BENEFITS. THE UNIVERSITY'S TRAVEL EXPENSE POLICY PROHIBITS THE PURCHASE OF FIRST- CLASS AIR TRAVEL OR THE EQUIVALENT AT THE UNIVERSITY'S EXPENSE. HOWEVER, FIRST-CLASS TRAVEL OR THE EQUIVALENT IS PERMITTED IN CERTAIN LIMITED CIRCUMSTANCES IN ACCORDANCE WITH THE PRESIDENT'S EMPLOYMENT CONTRACT WHICH HAS BEEN REVIEWED AND APPROVED BY THE BOARD OF DIRECTOR'S EXECUTIVE COMMITTEE. SCHEDULE J, PART III ON JULY 1, 2008 THE UNIVERSITY ENACTED A QUALIFIED PRIVATE 457(B) DEFERRED COMPENSATION PLAN FOR CERTAIN EMPLOYEES WITH ANY EMPLOYER CONTRIBUTIONS TO BE MADE ON A DISCRETIONARY BASIS. THE UNIVERSITY MADE NO CONTRIBUTIONS TO THE 457 PLAN IN FISCAL 2014. ANY AND ALL CONTRIBUTIONS TO THE PLAN IN FISCAL YEAR 2014 WERE VOLUNTARY EMPLOYEE CONTRIBUTIONS. THE PRESIDENT OF THE UNIVERSITY, FR. ROBERT NIEHOFF, SJ, IS A JESUIT PRIEST AND MEMBER OF THE SOCIETY OF JESUS (SJ), A RELIGIOUS ORDER OF THE CATHOLIC CHURCH. IN KEEPING WITH HIS RELIGIOUS VOWS, THE PRESIDENT DOES NOT RECEIVE DIRECT COMPENSATION FROM THE UNIVERSITY. COMPENSATION AND BENEFITS FOR SERVICES PROVIDED BY MEMBERS OF THE SOCIETY OF JESUS ARE PAID DIRECTLY AND IN THE AGGREGATE TO JOHN CARROLL JESUIT COMMUNITY CORPORATION, RATHER THAN TO EACH MEMBER INDIVIDUALLY. GENERAL BOARD OF DIRECTORS MEETINGS ARE HELD AT LEAST THREE TIMES ANNUALLY, WITH EACH MEETING GENERALLY HELD OVER A TWO-DAY PERIOD. IN ADDITION, BOARD COMMITTEES, INCLUDING ACADEMIC AFFAIRS AND PLANNING, AUDIT, CORPORATE GOVERNANCE, DEVELOPMENT, EXECUTIVE, FINANCE, HUMAN RESOURCES, INVESTMENTS, NOMINATING, PLANNING, PROPERTIES AND STUDENT AFFAIRS, MEET AS NECESSARY BUT AT LEAST THREE TIMES ANNUALLY. A OH HIGHER EDUC FACILITY COMMISSION OHIO HIGHER EDUCATIONAL FACILITY 346849674 67756ASP8 2003-08-26 24564171 SEE PART V false false false B OH HIGHER EDUC FACILITY COMMISSION OHIO HIGHER EDUCATIONAL FACILITY 346849674 67756BRU6 2006-03-16 39950999 SEE PART V false false false A 24564171 256189 5500000 2003 true false true true B 39950999 399106 2006 true true true true A false false false false false false true B false false false false false false true A false false true false false false false false true B false false false false false false false false false SCHEDULE K - PURPOSE OF ISSUE DESCRIPTION OH HIGHER EDUC FACILITY COMMISSION DATE ISSUED: 08/26/2003 - CONSTRUCTION OF THE DON SHULA STADIUM AND REFUNDING THE 1993 BONDS ISSUED ON 03/18/1993 AND 12/30/1993. OH HIGHER EDUC FACILITY COMMISSION DATE ISSUED: 03/16/06 - REFUNDING OF THE 1997 AND 1999 BONDS ISSUED ON 05/01/1997 AND 12/01/1999, RESPECTIVELY; PARTIAL REFUNDING OF THE 2001 BONDS ISSUED ON 11/07/2001. 83700 TUITION SCHOLARSHIP 99990 TUITION EMP BENEFIT DIANE WILLIAMS SEE PART V 13523 WAGES & BENEFITS false SCHEDULE L, PART V (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND THE ORGANIZATION: SPOUSE OF BRIAN WILLIAMS, VP ENROLLMENT X 31 1164327 MARKET VALUE X SERVICES 1 500 COST OR SELLING PRICE X HOSTING EVENTS 4 7278 COST OR SELLING PRICE X RAFFLE ITEMS 29 2066 COST OR SELLING PRICE X PERSONAL PROP 3 5199 COST OR SELLING PRICE false true true SCHEDULE M, PAGE 1, PART I, LINE 32B THE UNIVERSITY USES A THIRD PARTY TO SELL SECURITIES THAT ARE RECEIVED AS DONATIONS. FORM 990, PAGE 1, PART I, LINE 6 A SIGNIFICANT NUMBER OF ALUMNI AND OTHER FRIENDS OF THE UNIVERSITY VOLUNTEER THEIR TIME ADVANCING THE MISSION OF THE UNIVERSITY AND HELPING ATTRACT STUDENTS TO ATTEND JOHN CARROLL. FORM 990, PAGE 2, PART III, LINE 4A FROM ITS MODEST ORIGIN IN 1886 AS SAINT IGNATIUS COLLEGE ON CLEVELAND'S NEAR WEST SIDE, JOHN CARROLL TODAY IS WIDELY RECOGNIZED AS A TRANSFORMATIVE UNIVERSITY THAT EXCELS IN UNDERGRADUATE AND POST-GRADUATE EDUCATION, ATTRACTING STUDENTS FROM 25 STATES AND 14 COUNTRIES. THE UNIVERSITY STRIVES TO DEVELOP EACH STUDENT AS A WHOLE PERSON - MIND, BODY, AND SOUL. AT THE SAME TIME, STUDENTS ARE CHALLENGED TO MAKE A DIFFERENCE IN THE WORLD THROUGH LEADERSHIP AND SERVICE. AS A JESUIT CATHOLIC UNIVERSITY, JOHN CARROLL OFFERS A RIGOROUS EDUCATION BASED ON A WELL-DEVELOPED LIBERAL ARTS CORE CURRICULUM, INCLUDING A VARIETY OF ACADEMIC PROGRAMS IN THE ARTS AND SCIENCES, AND EDUCATION. U.S. NEWS & WORLD REPORT RANKS JOHN CARROLL AMONG THE TOP 10 UNIVERSITIES IN THE MIDWEST THAT GRANT MASTER'S DEGREES, AND THE UNIVERSITY'S JOHN M. AND MARY JO BOLER SCHOOL OF BUSINESS HOLDS DUAL AACSB ACCREDITATION - AN INTERNATIONAL DISTINCTION AWARDED BY THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS PLACING IT IN THE TOP FIVE PERCENT OF BUSINESS SCHOOLS WORLDWIDE. JOHN CARROLL CONSISTENTLY RANKS AS ONE OF THE TOP SCHOOLS IN THE MIDWEST FOR RETENTION RATES AND GRADUATION RATES, WHICH SIGNIFICANTLY EXCEED U.S. AND OHIO AVERAGES. THE UNIVERSITY'S 14:1 STUDENT/FACULTY RATIO ENSURES INDIVIDUAL ATTENTION AND AN INTERACTIVE EXPERIENCE. 85% OF ALL CLASSES HAVE FEWER THAN 30 STUDENTS WITH NO CLASS EXCEEDING 50 STUDENTS. THE UNIVERSITY EDUCATED 3,052 UNDERGRADUATE STUDENTS AND 671 GRADUATE STUDENTS; OFFERED 43 BACHELOR DEGREE MAJORS AND 21 GRADUATE SCHOOL PROGRAMS; AND CONFERRED 642 BACHELOR AND 201 MASTERS DEGREES IN THE 2013-2014 ACADEMIC YEAR. JOHN CARROLL RANKS 4TH IN THE MIDWEST FOR RETENTION AND GRADUATION RATES. 89% OF JCU FRESHMEN RETURN AS SOPHOMORES, AND 64% OF JCU UNDERGRADS RECEIVE THEIR BACHELOR'S DEGREES IN FOUR YEARS, COMPARED WITH 52% OF OTHER FOUR- YEAR PRIVATE SCHOOLS NATIONWIDE, AND 32% OF FOUR-YEAR PUBLIC SCHOOLS. JOHN CARROLL UNIVERSITY HAS BEEN NAMED TO THE PRESIDENT'S HIGHER EDUCATION COMMUNITY SERVICE HONOR ROLL FOR SEVEN CONSECUTIVE YEARS. SERVICE TO OTHERS IS A DEFINING ELEMENT OF THE UNIVERSITY'S CAMPUS CULTURE; STUDENTS HAVE MANY OPPORTUNITIES TO ENGAGE WITH THE LOCAL COMMUNITY FROM THE TIME THEY ARE FRESHMEN. OUR STUDENTS LEARN FROM DISTINGUISHED FACULTY WHO ARE EXPERTS IN THEIR RESPECTIVE FIELDS. 98% OF OUR 185 FULL-TIME TEACHING FACULTY MEMBERS HOLD DOCTORAL DEGREES OR THE TERMINAL DEGREE IN THEIR FIELD; NINE ARE FULBRIGHT FELLOWS. THE MAJORITY OF OUR FACULTY HAVE PUBLISHED BOOKS, ARTICLES, OR RECEIVED RESEARCH GRANTS IN THE PAST TWO YEARS. THE UNIVERSITY'S VARSITY SPORTS TEAMS COMPETE AT THE NCAA DIVISION III INTERCOLLEGIATE LEVEL, AND HAVE WON OVER 70 LEAGUE TITLES AND HAVE PLACED AMONG THE TOP 10 DIVISION III SCHOOLS IN THE NATION ON SEVERAL OCCASIONS. MORE THAN 80 VARSITY ATHLETES HAVE BEEN NAMED DIVISION III ALL-AMERICANS WITH SIX NATIONAL CHAMPIONS, THREE NATIONAL PLAYERS OF THE YEAR AND ONE ACADEMIC ALL-AMERICAN OF THE YEAR. NEARLY 500 UNDERGRADUATES PARTICPATE IN 24 VARSITY MEN'S AND WOMEN'S SPORTS. STUDENTS ALSO HAVE ACCESS TO INTRAMURAL SPORTS, CLUB SPORTS, AND OTHER FITNESS AND RECREATIONAL ACTIVITIES. JOHN CARROLL UNIVERSITY WELCOMES STUDENTS AND FACULTY FROM DIFFERENT RELIGIOUS BACKGROUNDS AND VALUE SYSTEMS IN THE BELIEF THAT THE EDUCATIONAL ENVIRONMENT WHICH THE UNIVERSITY PROVIDES IS ONE WHICH THESE STUDENTS AND FACULTY MAY FIND CONGENIAL, REWARDING, AND ENRICHED BY THEIR PRESENCE. WITHIN THIS ENVIRONMENT THERE IS CONCERN FOR THE HUMAN AND SPIRITUAL DEVELOPMENTAL NEEDS OF THE STUDENTS AND A DEEP RESPECT FOR THE FREEDOM AND DIGNITY OF THE HUMAN PERSON. A FACULTY NOT ONLY PROFESSIONALLY QUALIFIED, BUT ALSO STUDENT ORIENTED, CONSIDERS EXCELLENCE IN INTERPERSONAL RELATIONSHIPS AS WELL AS ACADEMIC ACHIEVEMENT AMONG ITS PRIMARY GOALS. FORM 990, PAGE 6, PART VI, LINE 6 THE BOARD OF MEMBERS OF JOHN CARROLL UNIVERSITY SHALL CONSIST OF: (1) THE PRESIDENT OF JOHN CARROLL UNIVERSITY, EX-OFFICIO MEMBER; (2) THE RECTOR OF THE JOHN CARROLL JESUIT COMMUNITY CORPORATION, EX-OFFICIO MEMBER; (3) TWO MEMBERS OF THE JOHN CARROLL JESUIT COMMUNITY CORPORATION ELECTED TO SERVE TWO YEAR STAGGERED TERMS, BY THOSE MEMBERS IN GOOD STANDING OF THE SOCIETY OF JESUS WHO ARE ASSIGNED TO THE JOHN CARROLL JESUIT COMMUNITY CORPORATION AND PROVIDE SERVICE TO OR HAVE BEEN RETIRED FROM THE UNIVERSITY. FORM 990, PAGE 6, PART VI, LINE 7A THE BOARD OF MEMBERS SHALL HAVE AND EXERCISE SUCH POWERS AND AUTHORITY PROVIDED UNDER APPLICABLE LAW AS ARE CONSISTENT WITH THE MISSION OF THE UNIVERSITY, INCLUDING WITHOUT LIMITATION, THE POWERS TO: (A) ELECT AND TO RE-ELECT THE DIRECTORS OF THE CORPORATION FROM THE SLATE OF NOMINEES RECOMMENDED BY THE BOARD OF DIRECTORS (B) REMOVE ANY DIRECTOR, UPON RECOMMENDATION OF THE BOARD OF DIRECTORS FORM 990, PAGE 6, PART VI, LINE 7B THE BOARD OF MEMBERS SHALL HAVE AND EXERCISE SUCH POWERS TO AMEND THE ARTICLES AND THE CODE OF REGULATIONS; SELL OR DISPOSE OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION; AND MERGE OR DISSOLVE THE CORPORATION. FORM 990, PAGE 6, PART VI, LINE 11B THE OFFICE OF THE UNIVERSITY'S VP OF FINANCE PREPARES THE FORM 990, WHICH IS THEN REVIEWED BY THE UNIVERSITY'S INDEPENDENT AUDITOR BEFORE IT IS PRESENTED TO THE UNIVERSITY'S AUDIT COMMITTEE FOR REVIEW AND APPROVAL. THE FULL PUBLIC INSPECTION COPY OF THE FINAL FORM 990 IS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS PRIOR TO IT BEING FILED WITH THE IRS. THE PUBLIC INSPECTION COPY REMOVES THE NAMES AND ADDRESSES OF THE DONORS LISTED IN SCHEDULE B OF THE FORM 990 FILED WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C THE UNIVERSITY HAS WRITTEN CONFLICT OF INTEREST POLICIES THAT REQUIRE ITS OFFICERS, DIRECTORS, AND EMPLOYEES TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST INVOLVING THEMSELVES AND/OR THEIR FAMILY MEMBERS. THE UNIVERSITY'S EMPLOYEES ARE REQUIRED TO REVIEW THE APPLICABLE POLICY ON AN ANNUAL BASIS, ACKNOWLEDGE COMPLIANCE, AND DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST. IN ADDITION, EACH MEMBER OF THE BOARD OF DIRECTORS FILLS OUT AN ANNUAL QUESTIONNAIRE IN WHICH POTENTIAL CONFLICTS OF INTEREST ARE DISCLOSED. THE RESPONSES TO THESE TWO PROCESSES ARE REVIEWED FOR ANY DISCLOSED ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. THE UNIVERSITY'S CONFLICT OF INTEREST POLICY PROHIBITS INVOLVEMENT IN UNIVERSITY DECISION- MAKING BY ANY OFFICER, ADMINISTRATOR, EMPLOYEE OR DIRECTOR WHO HAS A CONFLICT THAT IS NOT MANAGED. IN THE EVENT OF THE EXISTENCE OF A CONFLICT OF INTEREST, APPROPRIATE CONFLICT MANAGEMENT MEASURES ARE IMPLEMENTED. VIOLATIONS OF THE UNIVERSITY'S CONFLICTS POLICIES MAY RESULT IN SANCTIONS, UP TO AND INCLUDING TERMINATION OF EMPLOYMENT. FORM 990, PAGE 6, PART VI, LINE 15A THE UNIVERSITY'S EXECUTIVE COMMITTEE IS RESPONSIBLE FOR ESTABLISHING, REVIEWING AND APPROVING COMPENSATION LEVELS FOR THE UNIVERSITY'S PRESIDENT. THE COMMITTEE REVIEWS COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS IN ESTABLISHING COMPENSATION LEVELS. THE COMMITTEE REVIEWS THE COMPENSATION OF THE UNIVERSITY'S PRESIDENT ANNUALLY. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING ARE RECORDED ON ALL COMMITTEE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT FOR THE UNIVERSITY'S PRESIDENT. FORM 990, PAGE 6, PART VI, LINE 15B THE UNIVERSITY'S EXECUTIVE COMMITTEE IS RESPONSIBLE FOR ESTABLISHING, REVIEWING AND APPROVING COMPENSATION LEVELS FOR THE UNIVERSITY'S OFFICERS AND KEY EMPLOYEES. THE COMMITTEE REVIEWS COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS IN ESTABLISHING COMPENSATION LEVELS. THE COMMITTEE REVIEWS THE COMPENSATION OF THE UNIVERSITY'S OFFICERS AND KEY EMPLOYEES ANNUALLY. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING ARE RECORDED ON ALL COMMITTEE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT FOR THE UNIVERSITY'S OFFICERS AND KEY EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 19 THE UNIVERSITY'S FORM 1023 APPLICATION FOR TAX EXEMPTION AND FORMS 990 AND 990-T (CURRENT AND PRIOR THREE YEARS) ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE UNIVERSITY'S AUDITED FINANCIAL STATEMENTS, ARTICLES OF INCORPORATION, CODE OF REGULATIONS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 SCHOLARSHIPS AND GRANTS-IN-AID NETTED AGAINST STUDENT FEES -63,148,555 CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 280,989 CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT -391,931 RENTAL EXPENSE IS NOT NETTED AGAINST REVENUE ON AUDIT 3,291,985 MISCELLANEOUS RECEIPTS ARE NETTED AGAINST EXPENSES ON F/S -654,402 TAX BENEFIT TO RENTAL ACTIVITIES ON AUDITED FINANCIALS -14,990 RENTAL EXPENSE IS NOT NETTED AGAINST REVENUE ON AUDIT -3,291,985 SCHOLARSHIPS AND GRANTS-IN-AID NETTED AGAINST STUDENT FEES 63,148,555 MISCELLANEOUS RECEIPTS NETTED AGAINST EXPENSES ON F/S 654,402 THE 1886 COMPANY LTD (LLC) 1 JOHN CARROLL BOULEVARD UNIVERSITY HEIGHTS OH 44118 340714681 LESSOR OH 1404827 11212389 JCU JOHN CARROLL UNIVERSITY IGNATIUS LLC 1 JOHN CARROLL BOULEVARD UNIVERSITY HEIGHTS OH 44118 340714681 LESSOR OH 454272 2914342 JCU JOHN CARROLL UNIVERSITY LOYOLA LLC 1 JOHN CARROLL BOULEVARD UNIVERSITY HEIGHTS OH 44118 340714681 LESSOR OH 627641 3077425 JCU JOHN CARROLL UNIVERSITY MANRESA LLC 1 JOHN CARROLL BOULEVARD UNIVERSITY HEIGHTS OH 44118 340714681 LESSOR OH 194661 1180585 JCU JOHN CARROLL UNIVERSITY INIGO LLC 1 JOHN CARROLL BOULEVARD UNIVERSITY HEIGHTS OH 44118 340714681 LESSOR OH 241810 1094490 JCU JOHN CARROLL UNIVERSITY CURA PERSONALIS LLC 1 JOHN CARROLL BOULEVARD UNIVERSITY HEIGHTS OH 44118 340714681 LESSOR OH 681698 3991455 JCU JOHN CARROLL UNIVERSITY