2015-04-14T15:44:53-05:00 2014-05-31 861065772 DELOITTE TAX LLP 1700 MARKET STREET 25TH FLOOR PHILADELPHIA PA 191033984 990 2013-06-01 231352674 SAINT JOSEPH'S UNIVERSITY STJO 6106601320 5600 CITY AVENUE PHILADELPHIA PA 19131 JOHN W SMITHSON SENIOR VICE PRESIDENT 6106601320 2015-04-14 1 CYNTHIA W PAOLILLO P01410071 2152462300 2013 2016-02-25 16:41:14Z REV C KEVIN GILLESPIE 5600 CITY AVENUE PHILADELPHIA PA 19131 310576371 0 X WWW.SJU.EDU X 1851 PA AS PHILADELPHIA'S JESUIT CATHOLIC UNIVERSITY, SAINT JOSEPH'S PROVIDES A RIGOROUS, STUDENT-CENTERED EDUCATION ROOTED IN THE LIBERAL ARTS. WE PREPARE STUDENTS FOR PERSONAL EXCELLENCE, PROFESSIONAL SUCCESS, AND ENGAGED CITIZENSHIP. STRIVING TO BE AN INCLUSIVE AND DIVERSE COMMUNITY THAT EDUCATES AND CARES FOR THE WHOLE PERSON, WE ENCOURAGE AND MODEL LIFELONG COMMITMENT TO THINKING CRITICALLY, MAKING ETHICAL DECISIONS, PURSUING SOCIAL JUSTICE, AND FINDING GOD IN ALL THINGS. 35 33 3879 34 1632356 -151577 19841411 21506781 255334300 269349237 7069581 5329583 5364560 11706309 287609852 307891910 73684935 80674525 0 0 110216143 118117942 0 0 6594720 96984264 94984150 280885342 293776617 6724510 14115293 630362090 659920281 280058420 281799396 350303670 378120885 X AS PHILADELPHIA'S JESUIT CATHOLIC UNIVERSITY, SAINT JOSEPH'S PROVIDES A RIGOROUS, STUDENT-CENTERED EDUCATION ROOTED IN THE LIBERAL ARTS. WE PREPARE STUDENTS FOR PERSONAL EXCELLENCE, PROFESSIONAL SUCCESS, AND ENGAGED CITIZENSHIP. STRIVING TO BE AN INCLUSIVE AND DIVERSE COMMUNITY THAT EDUCATES AND CARES FOR THE WHOLE PERSON, WE ENCOURAGE AND MODEL LIFELONG COMMITMENT TO THINKING CRITICALLY, MAKING ETHICAL DECISIONS, PURSUING SOCIAL JUSTICE, AND FINDING GOD IN ALL THINGS. 0 0 264462755 80674525 278342229 SAINT JOSEPH'S UNIVERSITY ADVANCES THE PROFESSIONAL AND PERSONALAMBITIONS OF MEN AND WOMEN BY PROVIDING A DEMANDING, YET SUPPORTIVEEDUCATIONAL EXPERIENCE. ONE OF ONLY 153 SCHOOLS WITH A PHI BETA KAPPACHAPTER AND AACSB BUSINESS SCHOOL ACCREDITATION, SAINT JOSEPH'S IS HOMETO 4,670 TRADITIONAL UNDERGRADUATES, 610 COLLEGE OF PROFESSIONALAND LIBERAL STUDIES ADULT UNDERGRADUATES, AND 3,580 GRADUATE AND DOCTORAL STUDENTS.THE UNIVERSITY STRIVES TO BE RECOGNIZED AS THE PREEMINENT CATHOLICCOMPREHENSIVE UNIVERSITY IN THE NORTHEAST. SAINT JOSEPH'S OFFERS OVER50 UNDERGRADUATE DAY MAJORS AND 50 MINORS, OVER 16 COLLEGE OF PROFESSIONAL AND LIBERAL STUDIES DEGREE AND CERTIFICATE PROGRAMS, AS WELL AS OVER 10 BUSINESS DEGREE AND CERTIFICATE PROGRAM OFFERED THROUGH THE HAUB DEGREE COMPLETION PROGRAM, OVER 30 GRADUATE AREAS OF STUDY INCLUDING 11 ONLINE GRADUATE MAJORS, AND AN ED.D IN EDUCATIONAL LEADERSHIP. SPECIAL PROGRAMS INCLUDE STUDY ABROAD, HONORS PROGRAM, SUMMER SCHOLARS, SERVICE-LEARNING, AND FAITH-JUSTICE STUDIES. 264462755 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 1 0 0 1 296 0 1 3879 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 X 35 33 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X JOSEPH E CASSIDY 6106601331 5600 CITY AVENUE PHILADELPHIA PA 191311395 X C KEVIN GILLESPIE SJ PRESIDENT 40.00 X X 0 0 0 MARLENE S DOONER TRUSTEE 5.00 X 0 0 0 DENNIS M DURKIN TRUSTEE 5.00 X 0 0 0 GERIANNE TRINGALI DIPIANO TRUSTEE 5.00 X 0 0 0 ROBERT D FALESE JR CHAIR 10.00 X 0 0 0 SR MAUREEN A FAY OP TRUSTEE 5.00 X 0 0 0 ROBERT J BOWMAN TRUSTEE 5.00 X 0 0 0 JOHN J GRIFFIN JR TRUSTEE 5.00 X 0 0 0 WILLIAM A HARVEY TRUSTEE 5.00 X 0 0 0 DANIEL J HILFERTY III TRUSTEE 5.00 X 0 0 0 REV GREGORY A KALSCHEUR SJ TRUSTEE 5.00 X 0 0 0 MICHAEL L KEMPSKI TRUSTEE 5.00 X 0 0 0 GEORGE W BUR TRUSTEE 5.00 X 0 0 0 LYNN B MCKEE SECRETARY 5.00 X 0 0 0 JOSEPH J MCLAUGHLIN JR TRUSTEE 5.00 X 0 0 0 EDWARD W MONEYPENNY VICE CHAIR 10.00 X 0 0 0 REV BRUCE MORRILL SJ TRUSTEE 5.00 X 0 0 0 MAUREEN A O'CONNOR TRUSTEE 5.00 X 0 0 0 REV SCOTT R PILARZ SJ TRUSTEE 5.00 X 0 0 0 ROBERT J CARUSO TRUSTEE 5.00 X 0 0 0 MATTHEW P CLIFTON TRUSTEE 5.00 X 0 0 0 MICHAEL P CURRAN TRUSTEE 5.00 X 0 0 0 GERALD J CORCORAN JR TRUSTEE 5.00 X 0 0 0 BRUCE A CRAWLEY TRUSTEE 5.00 X 0 0 0 REV THOMAS B CURRAN TRUSTEE 5.00 X 0 0 0 JOSEPH F KESSLER ESQ TRUSTEE 5.00 X 0 0 0 BRENDAN G LALLY SJ TRUSTEE 5.00 X 0 0 0 THE HON DOMINIC F PILEGGI TRUSTEE 5.00 X 0 0 0 JOHN J SWANICK TRUSTEE 5.00 X 0 0 0 SEAN S SWEENEY TRUSTEE 5.00 X 0 0 0 JOHN W SWOPE SJ TRUSTEE 5.00 X 0 0 0 MARY K SCULLION RSM TRUSTEE 5.00 X 0 0 0 DR RAYMOND G WASHINGTON JR TRUSTEE 5.00 X 0 0 0 MICHAEL F SWANICK TRUSTEE 8.00 X 0 0 0 REV KEVIN W WILDES SJ TRUSTEE 5.00 X 0 0 0 BRICE WACHTERHAUSER PROVOST 40.00 X 279588 0 53278 LOUIS MAYER VP - FIN. AFFAIRS & TREA 40.00 X 256227 0 52039 MARIANNE SCHIMELFENIG GENERAL COUNSEL 40.00 X 237502 0 42665 JOHN SMITHSON SENIOR V.P. 40.00 X 274294 0 36109 KATHLEEN GAVAL VP - PLANNING 40.00 X 192255 0 46108 KEVIN ROBINSON VP - ADMIN. SERVICE 40.00 X 244849 0 51624 JOAN CHRESTAY VP - EXTERNAL AFFAIRS 40.00 X 186902 0 45400 CARY ANDERSON VP - STUDENT LIFE 40.00 X 200749 0 44639 E SPRINGS STEELE VP - MISSION & IDENTITY 40.00 X 185540 0 48840 MARTIN FARRELL VP - DEVELOPMENT 40.00 X 298458 0 30893 JOSEPH A DIANGELO JR DEAN, HSB 40.00 X 348441 0 53285 DOMINICK J DIJULIA VP FOR ATHLETICS 40.00 X 224603 0 48347 FRAN DISANTI CIO 40.00 X 200727 0 43645 JOHN G HALLER ASSOCPROVOST-ENROLL MGMT 40.00 X 188309 0 45251 SHARON EISENMANN VP - HUMAN RESOURCES 40.00 X 167289 0 30627 JEANNE BRADY INTERIM DEAN-CAS 40.00 X 183752 0 44527 PHILIP MARTELLI HEAD COACH, M. BSKBALL 40.00 X 816019 0 78962 STEPHEN PORTH PROFESSOR 40.00 X 227882 0 42371 CYNTHIA GRIFFIN HEAD COACH, WM. BSKBALL 40.00 X 223210 0 71809 EDGAR ST PIERRE PROFESSOR 40.00 X 216569 0 12896 TIMOTHY CURRAN ASSOC. ATHLETIC DIRECTOR 40.00 X 203856 0 34716 5357021 0 958031 180 0 1 0 ARAMARK 1101 MARKET STREET PHILADELPHIA PA 19107 CONTRACTOR-FOOD SERVICE 6212169 THE ARTHUR JACKSON COMPANY 7025 WEST CHESTER PIKE UPPER DARBY PA 19082 HOUSEKEEPING 3249739 HOWELL PARTNERS LLC 100 CHETWYND DRIVE STE 105 BRYN MAWR PA 19010 ADVERTISING AND MEDIA SERVICES 1847253 INTECH CONSTRUCTION INC 3001 MARKET STREET STE 120 PHILADELPHIA PA 19104 CONTRACTOR-CONSTRUCTION 1753556 IRWIN & LEIGHTON INC 1030 CONTINENTAL DRIVE KING OF PRUSSIA PA 19406 CONTRACTOR-CONSTRUCTION 1646009 126 449739 5513452 15543590 2769204 21506781 ACAD SRVS - TUITION 611310 235018223 235018223 CAFETERIA & DORMIT 531110 31699767 31540990 158777 ATHLETICS 541800 2519722 1962877 556845 FITNESS CENTER 713940 111525 80946 30579 269349237 7491814 7491814 1055383 0 1055383 1055383 1055383 253262 2415493 -2162231 -2162231 -2162231 175854 449739 268968 -93114 -93114 UNIV PRESS EXT INC 511190 189805 189805 FACILITIES RENTAL 611710 41465 41465 COMPUTER RESALE CO 900004 5757 5757 10507013 9739193 696350 71470 10744040 307891910 278342229 1632356 6410544 80674525 80674525 5092478 2868641 1912426 311411 88408759 76031533 8822700 3554526 6892677 5620082 896048 376547 11323684 8202523 2604447 516714 6400344 5306921 800043 293380 1082656 1082656 245031 245031 6323822 3952070 1946542 425210 3110920 3105412 5508 1044070 671890 330931 41249 3781241 2924725 831873 24643 11065495 10662759 402736 2091793 1673435 342052 76306 2654658 2123726 445044 85888 7618693 7618693 16434631 16434631 1181599 1051623 129976 FOOD 10033817 9367220 520843 145754 REVENUE SHARING 7343460 7343460 0 0 STUDY ABROAD 3750554 3750554 0 0 EQUIPMENT RENTAL & MAIN 2519925 2015940 479310 24675 14701785 12817361 1171515 712909 293776617 264462755 22719142 6594720 27697886 47421730 8916986 8819202 8163318 7937198 6227177 12098945 2256807 2517355 556237019 196645597 361862501 359591422 211352691 217587937 3884724 3946492 630362090 659920281 28143930 32276755 19391647 19911347 223998844 222547089 8523999 7064205 280058420 281799396 X 244158378 264289763 53168404 59927806 52976888 53903316 350303670 378120885 630362090 659920281 14115293 13701922 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 262464 0 0 0 262464 0 PART II-B, LINE 1: LOBBYING PAYMENTS WERE MADE TO BUCHANAN INGERSOLL & ROONEY P.C., DUANE MORRIS GOVERNMENT STRATEGIES, AND S. R. WOJDAK & ASSOCIATES. THESE FIRMS HAVE BEEN ENGAGED TO PROVIDE LEGISLATIVE ADVOCACY SERVICES TO THE UNIVERSITY. 29700 616568 X X X 0 0 193169663 2565618 21666890 8116652 209285519 168833567 5382480 24252776 5299160 193169663 173114960 4594751 -5049963 3826181 168833567 145050622 5379707 26141731 3457100 173114960 124131384 10585491 15218747 4885000 145050622 0.53000 0.21000 0.26000 0 0 36274563 36274563 426354725 140456920 285897805 1601996 1433796 168200 65143243 47996419 17146824 26862492 6758462 20104030 359591422 STUDENT AND OTHER DEPOSITS 3493124 REFUNDABLE GOVERNMENT LOAN FUNDS 2315428 LEASES PAYABLE 1255653 7064205 X 244280159 13701922 412653 14114575 230165584 77726325 77726325 307891909 216462944 412653 412653 216050291 77726325 77726325 293776616 PART X, LINE 2: GAAP REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE LIKELY THAN NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE UNIVERSITY DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CONSOLIDATED AFFILIATES REVENUE NET OF ELIMINATIONS 412,653. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS RECLASSED 77,726,325. PART XII, LINE 2D - OTHER ADJUSTMENTS: CONSOLIDATED AFFILIATES EXPENSES NET OF ELIMINATIONS 412,653. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS RECLASSED 77,726,325. 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 NON-DISCRIMINATION POLICY IS PRESENTED IN RECRUITING MATERIALS. SCHEDULE E, PART I, LINE 6 SAINT JOSEPH'S UNIVERSITY PARTICIPATED IN THE FOLLOWING PROGRAMS: FEDERAL PELL GRANT, PERKINS STUDENT LOAN PROGRAM, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, COLLEGE WORK STUDY, STAFFORDS STUDENT LOAN PROGRAM, PARENT LOANS FOR UNDERGRADUATE STUDENTS AND DEPARTMENT OF HEALTH AND HUMAN SERVICES STATE - INSTITUTIONAL ASSISTANCE GRANT PROGRAM OF THE PENNSYLVANIA HIGHER EDUCATION ASSISTANCE AGENCY AND PASSPORT PROGRAM. N/A N/A N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SCHEDULE F, PART I, LINE 3 BASED ON THE FACT THAT SAINT JOSEPH'S UNIVERSITY HAS RECEIVED A CONTRIBUTION TOTALING $5,000 FROM FOREIGN PERSONS, WE HAVE COMPLETED SCHEDULE F. ALTHOUGH WE RECEIVED A DONATION FROM A PERSON OUTSIDE OF THE UNITED STATES, WE DID NOT UNDERTAKE ANY FUNDRAISING ACTIVITIES OUTSIDE OF THE UNITED STATES. PRESIDENT GOLF OUTING 245250 152050 93200 62245 5000 HSB DEAN'S DINNER 245368 207439 37929 299 61292 59910 2 134975 90250 44725 392 59837 5200 14795 625593 449739 175854 691 122082 66292 5200 74705 268970 -93116 1 SCHOLARSHIP 5436 77726325 EDUCATION GRADUATE ASSISTANT COURSE 119 1123544 EDUCATION PROGRAM SCHOLARSHIP 229 620654 EDUCATION RESIDENT ASSISTANT ROOMS 88 721421 RESIDENT ASSISTANCE RESIDENT ASSISTANT BOARD 88 414970 RESIDENT ASSISTANCE ATHLETIC BOOKS & SUPPLIES 159 67611 ATHLETIC BOOKS AND SUPPLIES X X X X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 BRICE WACHTERHAUSER PROVOST 279588 0 0 0 0 0 0 0 53278 0 332866 0 0 0 LOUIS MAYER VP - FIN. AFFAIRS & TREA 256227 0 0 0 0 0 0 0 52039 0 308266 0 0 0 MARIANNE SCHIMELFENIG GENERAL COUNSEL 237502 0 0 0 0 0 0 0 42665 0 280167 0 0 0 JOHN SMITHSON SENIOR V.P. 274294 0 0 0 0 0 0 0 36109 0 310403 0 0 0 KATHLEEN GAVAL VP - PLANNING 192255 0 0 0 0 0 0 0 46108 0 238363 0 0 0 KEVIN ROBINSON VP - ADMIN. SERVICE 244849 0 0 0 0 0 0 0 51624 0 296473 0 0 0 JOAN CHRESTAY VP - EXTERNAL AFFAIRS 186902 0 0 0 0 0 0 0 45400 0 232302 0 0 0 CARY ANDERSON VP - STUDENT LIFE 200749 0 0 0 0 0 0 0 44639 0 245388 0 0 0 E SPRINGS STEELE VP - MISSION & IDENTITY 185540 0 0 0 0 0 0 0 48840 0 234380 0 0 0 MARTIN FARRELL VP - DEVELOPMENT 298458 0 0 0 0 0 0 0 30893 0 329351 0 0 0 JOSEPH A DIANGELO JR DEAN, HSB 348441 0 0 0 0 0 0 0 53285 0 401726 0 0 0 DOMINICK J DIJULIA VP FOR ATHLETICS 224603 0 0 0 0 0 0 0 48347 0 272950 0 0 0 FRAN DISANTI CIO 200727 0 0 0 0 0 0 0 43645 0 244372 0 0 0 JOHN G HALLER ASSOCPROVOST-ENROLL MGMT 188309 0 0 0 0 0 0 0 45251 0 233560 0 0 0 SHARON EISENMANN VP - HUMAN RESOURCES 167289 0 0 0 0 0 0 0 30627 0 197916 0 0 0 JEANNE BRADY INTERIM DEAN-CAS 183752 0 0 0 0 0 0 0 44527 0 228279 0 0 0 PHILIP MARTELLI HEAD COACH, M. BSKBALL 816019 0 0 0 0 0 0 0 78962 0 894981 0 0 0 STEPHEN PORTH PROFESSOR 227882 0 0 0 0 0 0 0 42371 0 270253 0 0 0 CYNTHIA GRIFFIN HEAD COACH, WM. BSKBALL 223210 0 0 0 0 0 40000 0 31809 0 295019 0 0 0 EDGAR ST PIERRE PROFESSOR 216569 0 0 0 0 0 0 0 12896 0 229465 0 0 0 TIMOTHY CURRAN ASSOC. ATHLETIC DIRECTOR 203856 0 0 0 0 0 0 0 34716 0 238572 0 0 0 A 2003 PA HIGHER EDUCATION FACILITIES AUTHORITY 232243852 70817NTW4 2003-01-30 35473150 CURRENT REFUND OF MONTGOMERY CTY BONDS 0 0 0 B 2008 PA HIGHER EDUCATION FACILITIES AUTHORITY 232243852 709179HH5 2008-05-09 48580000 CURRENT REFUND OF ISSUER'S SERIES 2001A & 2006 0 0 0 C 2010 PA HIGHER EDUCATION FACILITIES AUTHORITY 232243852 70917RL94 2010-10-01 162637233 CURRENT REFUNDING OF VARIOUS ISSUES, MISC 0 0 0 D 2013 PA HIGHER EDUCATION FACILITIES AUTHORITY 232243852 NONEAVAIL 2013-01-31 8000000 PURCHASE OF 5800 CITY AVENUE 0 0 0 A 35473150 35473150 2947909 491303 972747 2003 1 0 1 1 B 13680000 40580000 397859 126165 2008 1 0 1 1 C 1645000 162637233 929551 42072115 2013 1 0 1 1 D 111768 8000000 2013 1 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 0 0 0 1 0 0 1 WACHOVIA BANK NA 10.300000000000 1 0 0 B 0 0 1 0 1 0 0 0 0 C 0 0 0 0 1 1 0 0 0 0 0 D 0 0 1 0 1 0 0 0 0 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: 2003 PA HIGHER EDUCATION FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 08/07/2013 FORM 990, SCHEDULE K, PART IV, LINE 5C (A) TERM OF GIC - APRIL 15, 2003 - AUGUST 7, 2013 A 2013 PA HIGHER EDUCATION FACILITIES AUTHORITY 232243852 70917SGK3 2013-08-01 26280000 CURRENT REFUNDING OF VARIOUS ISSUES 0 0 0 A 1535000 26280000 372929 5002292 1 0 0 1 A 0 0 0 0 0 0 0 A 0 1 0 0 0 0 0 0 A 1 LYNN MCKEE TRUSTEE 6212169 FOOD SERVICES 0 DANIEL HILFERTY TRUSTEE 11280766 HEALTH BENEFIT CONTRACT 0 0 X 1 29700 OPINIONS OF EXPERTS X 32 2769204 COST OR SELLING PRICE 1 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 SAINT JOSEPH'S UNIVERSITY PREPARES A SUMMARY OF BOARD AFFILIATIONS AND POSITIONS WHICH LISTS THE OFFICERS OR BOARD MEMBERS NAME, AND THE SJU RELATED/AFFILIATE ENTITY OR THE NON-SJU AFFILIATED ENTITIES FOR WHICH EACH PERSON HAS A FAMILIAL OR BUSINESS RELATIONSHIP. SCHEDULE L LISTS THE REPORTABLE BUSINESS TRANSACTIONS INVOLVING BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 FOLLOWING REVIEW BY MANAGEMENT AND THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES, THE FORM 990 HAS BEEN PROVIDED TO THE FULL BOARD PRIOR TO FILING FOR TRUSTEES' REVIEW, COMMENT, INPUT, AND QUESTIONS, IF ANY. FORM 990, PART VI, SECTION B, LINE 12C SAINT JOSEPH'S UNIVERSITY (SJU) HAS A CONFLICT OF INTEREST POLICY WHICH SETS FORTH SJU'S POLICIES AND PROCEDURES. ANNUALLY, THOSE WHO SERVE SJU IN A FIDUCIARY CAPACITY, INCLUDING BOARD MEMBERS, OFFICERS AND OTHER KEY EMPLOYEES, RECEIVE A COPY OF THE POLICY AND AN ANNUAL DISCLOSURE STATEMENT TO BE COMPLETED. DISCLOSURES OF FINANCIAL INTERESTS OR OTHER REPORTABLE CIRCUMSTANCES, AS DESCRIBED IN THE POLICY, ARE SUBMITTED AND REVIEWED BY SJU'S GENERAL COUNSEL. A SUMMARY OF ALL REPORTED DISCLOSURES IS THEN PREPARED BY THE OFFICE OF THE GENERAL COUNSEL AND SENT TO THE CHAIRPERSON OF THE AUDIT & RISK COMMITTEE, THE CHAIRPERSON OF THE BOARD AND COPIED TO THE PRESIDENT; COPIES OF THE SUMMARIES AND ACTUAL DISCLOSURES ARE AVAILABLE TO THE FULL BOARD UPON REQUEST THROUGHOUT THE YEAR. THE POLICY CONTAINS A CONTINUING AFFIRMATIVE OBLIGATION TO DISCLOSE COMPENSATION OR OTHER CIRCUMSTANCES WHICH MAY RISE TO THE LEVEL OF AN ACTUAL OR APPARENT CONFLICT. THE POLICY ALSO ADDRESSED THE PROCEDURES FOR THE BOARD TO FOLLOW TO FURTHER ADDRESS THE ACTUAL OR APPARENT CONFLICT, WHICH INCLUDE CONSIDERATION WITHOUT THE PARTICIPATION OF THE INTERESTED PERSON, IF ANY. MEETINGS, DISCUSSIONS AND PROCEEDINGS WHERE A CONFLICT IS DISCLOSED ARE DOCUMENTED IN THE MINUTES FOR EACH GROUP, AS NEEDED AND AS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD, WHICH IS COMPRISED OF INDEPENDENT BOARD MEMBERS WHO HAVE NO PERSONAL INTEREST IN ANY EXECUTIVE COMPENSATION ARRANGEMENT WITH THE UNIVERSITY, ANNUALLY REVIEWS AND APPROVES THE COMPENSATION THAT IS PAID TO THE JESUIT COMMUNITY FOR THE SERVICES OF THE PRESIDENT. THE PRESIDENT, IN CONSULTATION WITH THE EXECUTIVE COMMITTEE, AND BASED ON A REVIEW OF APPROPRIATE COMPARABILITY DATA, RECOMMENDS THE COMPENSATION TO BE PAID TO OTHER APPLICABLE UNIVERSITY EXECUTIVES. THEREAFTER, THE EXECUTIVE COMMITTEE REVIEWS, DISCUSSES AND APPROVES THE COMPENSATION ARRANGEMENT OF THOSE OTHER UNIVERSITY EXECUTIVES BASED ON ITS REVIEW OF APPROPRIATE COMPARABILITY DATA AND THE PRESIDENT'S RECOMMENDATIONS. THE EXECUTIVE COMMITTEE DOCUMENTS THE BASIS FOR ITS DETERMINATIONS CONCURRENTLY WITH ITS APPROVAL OF THESE ARRANGEMENTS. FORM 990, PART VI, SECTION C, LINE 19 THE BY-LAWS ARE AVAILABLE TO ALL TRUSTEES AT ANY TIME AND FROM THE UNIVERSITY UPON REQUEST WHEN APPROPRIATE AND IN RESPONSE TO LEGAL PROCESS. OTHER INSTITUTIONAL POLICIES (E.G., WHISTLEBLOWER POLICY) ARE EITHER POSTED ON THE SJU INTERNET WEBSITE OR MYSJU INTERNAL WEBSITE. REQUESTS FOR FINANCIAL INFORMATION WILL BE EVALUATED ON AN INDIVIDUAL BASIS AND INFORMATION WILL BE PROVIDED AS APPROPRIATE. FORM 990, PART VII, SECTION A AVERAGE HOURS PER WEEK THE AVERAGE HOURS PER WEEK LISTED IN THIS SECTION ARE A MINIMUM. DELAWARE VALLEY EDUCATIONAL TELEVISION NETWORK 5600 CITY AVENUE PHILADELPHIA PA 19131 261471973 EDUCATIONAL TELEVISION NETWORK PA 501(C)(4) SAINT JOSEPH'S UNIVERSITY 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 DELAWARE VALLEY EDUCATIONAL TELEVISION NETWORK C 1237959 75% OF DVETN REVENUE