2015-05-13T10:53:42-05:00 2014-06-30 910189318 MOSS ADAMS LLP 3121 WEST MARCH LANE STE 100 STOCKTON CA 95219 990 2013-07-01 951643389 UNIVERSITY OF REDLANDS UNIV 9097488180 PO BOX 3080 REDLANDS CA 923730999 CORY R NOMURA VP FINANCE & ADMINISTRATION 9097488180 2015-05-07 1 TRACY S PAGLIA P00366884 2099556100 2013 2016-03-07 17:11:31Z RALPH W KUNCL PO BOX 3080 REDLANDS CA 923730999 196866564 0 X WWW.REDLANDS.EDU X 1907 CA THE UNIVERSITY OF REDLANDS IS A PRIVATE, INDEPENDENT LIBERAL ARTS AND SCIENCES UNIVERSITY COMMITTED TO A MISSION THAT EMPHASIZES ACADEMIC RIGOR, PERSONAL DEVELOPMENT AND INTERDISCIPLINARY STUDIES. 34 34 3177 600 29208 -1327 10724780 14889493 161382635 171759026 6478421 8071356 163490 182717 178749326 194902592 52798584 57193551 0 0 64550687 66655879 0 0 2599259 55695387 54925450 173044658 178774880 5704668 16127712 313544219 332430879 121474136 116225570 192070083 216205309 X SEE SCHEDULE O 0 0 46159286 0 169202219 INSTRUCTION & ACADEMIC SUPPORT PROVIDED FOR APPROXIMATELY 5,147 FULL TIME AND PART TIME STUDENTS 57193551 57193551 0 SCHOLARSHIPS AND GRANTS PROVIDED BY UNIVERSITY AND PRIVATE SOURCES TO MORE THAN 3,000 STUDENTS 18602252 0 2447612 STUDENT SERVICES TO SUPPORT STUDENT RECRUITING, COUNSELING, STUDENT ACTIVITIES, AND ATHLETICS 28265236 0 106920 PUBLIC SUPPORT AND STUDENT SERVICES 28265236 0 106920 150220325 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 8031 0 1 3177 1 1 1 1 AU 0 0 0 0 0 0 0 0 X 34 34 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X CORY NOMURA VP FOR FINANCE & ADMIN 9097488180 1200 E COLTON AVENUE ADMIN 302 REDLANDS CA 92373 BRADLEY ADAMS TRUSTEE 1.00 X 0 0 0 WENDELL BARNER TRUSTEE 1.00 X 0 0 0 CAROLE BESWICK CHAIR - TRUSTEE 1.00 X X 0 0 0 LARRY BURGESS FIRST VICE CHAIR - TRUSTEE 1.00 X X 3000 0 0 WILLIAM CAHILL TRUSTEE 1.00 X 0 0 0 DAVID DANIELSON TRUSTEE 1.00 X 0 0 0 JOSEPH D'ANNA TRUSTEE 1.00 X 0 0 0 DAVID ENZMINGER TRUSTEE 1.00 X 0 0 0 RICHARD FISHER TRUSTEE 1.00 X 0 0 0 BECKY CAMPBELL GARNETT TRUSTEE 1.00 X 0 0 0 THOMAS GILMER TRUSTEE 1.00 X 0 0 0 KENNETH HALL TRUSTEE 1.00 X 0 0 0 DEBBIE HEAP TRUSTEE 1.00 X 0 0 0 GREGORY HORTER TRUSTEE 1.00 X 0 0 0 FRAN INMAN TRUSTEE 1.00 X 0 0 0 LAWRENCE KING TRUSTEE 1.00 X 0 0 0 LELAND LAUNER TRUSTEE 1.00 X 0 0 0 SHERRI MEDINA TRUSTEE 1.00 X 0 0 0 PATRICK MORRIS TRUSTEE 1.00 X 0 0 0 ALICE MOZLEY SECOND VICE CHAIR - TRUSTEE 1.00 X X 0 0 0 STEPHEN OLSON TRUSTEE 1.00 X 0 0 0 JAMES RAMOS TRUSTEE 1.00 X 0 0 0 DANIEL RENDLER TRUSTEE 1.00 X 0 0 0 SABINE ROBERTSON-PHILLIPS TRUSTEE 1.00 X 0 0 0 DARREN ROSE TRUSTEE 1.00 X 0 0 0 ROGER SALAZAR TRUSTEE 1.00 X 0 0 0 JAMES SCHROEDER TRUSTEE 1.00 X 0 0 0 LINDA NELSON SIMMS TRUSTEE 1.00 X 0 0 0 WILLIAM SIWEK TRUSTEE 1.00 X 0 0 0 CHRIS STRAND TRUSTEE 1.00 X 0 0 0 ANTHONY TAYLOR TRUSTEE 1.00 X 0 0 0 RONALD TROUPE TRUSTEE 1.00 X 0 0 0 STANLEY WEISSER SECRETARY - TRUSTEE 1.00 X X 0 0 0 CHARLES WILKE TRUSTEE 1.00 X 0 0 0 CHARLOTTE BURGESS VP AND DEAN STUDENT LIFE 40.00 X 180931 0 19312 KEVIN DYERLY VP ENROLLMENT 40.00 X 162768 0 32725 DAVID FITE VP ACADEMIC AFFAIRS 40.00 X 239490 0 29033 PHILLIP L DOOLITTLE EXECUTIVE VP/COO (THROUGH 7/2013) 40.00 X 182587 0 15443 ANITA WEST INTERIM VP UNIVERSITY RELATIONS 40.00 X 196293 0 21068 CORY NOMURA VP FINANCE AND ADMIN 40.00 X 212924 0 16314 RALPH KUNCL PRESIDENT 40.00 X 505511 0 256525 STUART NOBLE-GOODMAN DEAN, URSB (THROUGH 6/2014) 40.00 X 178606 0 29100 KATHY OGREN DEAN, CAS 40.00 X 177840 0 26070 HAMID ETESAMNIA CIO (THROUGH 1/2014) 40.00 X 171261 0 35429 JAMES VALADEZ DEAN, SOE 40.00 X 166578 0 20899 EDWIN CALLAHAN DEAN, CONT STUDIES (THROUGH 11/2013) 40.00 X 163192 0 0 BETHANY COREY AVP ENROLLMENT 40.00 X 145376 0 29662 EMUAKPOYERI OJOSE PROFESSOR (THROUGH 11/2013) 40.00 X 180010 0 13014 JACK OSBORN EXECUTIVE PROFESSOR 40.00 X 155694 0 32911 ROBERTA DELLHIME DIRECTOR, HR 40.00 X 141185 0 28961 KIMBERLI MUNKRES AVP MARKETING (THROUGH 5/2014) 40.00 X 141755 0 10409 3305001 0 616875 97 0 1 0 BON APPETIT MANAGEMENT 100 HAMILTON AVE STE 400 PALO ALTO CA 94301 FOOD SERVICE 6933921 IES PO BOX 98647 CHICAGO IL 606938647 STUDY ABROAD PROGRAM 1619943 WEB METRO 160 E VIA VERDE AVE STE 100 SAN DIMAS CA 917733901 ADVERTISING & MARKETING 1333939 BYROM-DAVEY INC 13220 EVENING CREEK DR STE 103 SAN DIEGO CA 92128 CONSTRUCTION 1259480 CLEAR CHANNEL WORLDWIDE 200 EAST BASSE ROAD SAN ANTONIO TX 782098328 ADVERTISING & MARKETING 1218368 67 646231 14243262 2511798 14889493 TUITION & FEES 611600 167515739 167515739 AUXILIARY PROGRAMS 611600 2449890 2447615 2275 ASSOCIATED STUDENT 611600 1010088 1010088 CONFERENCES 611600 676389 676389 STUDENT LOAN INTEREST 611600 106920 106920 171759026 2404742 26933 2377809 113365 113365 69352 0 69352 69352 69352 7630586 1963972 5666614 5666614 5666614 194902592 171756751 29208 8227140 57193551 57193551 3104534 1118036 1707668 278830 50616773 40063032 9307397 1246344 3108646 2383337 637055 88254 5997053 4597821 1228976 170256 3828873 2935520 784651 108702 222177 850 221327 238575 238575 507196 507196 2846774 1414127 1339647 93000 4576536 4461028 98836 16672 3667385 1924290 1497538 245557 2607852 1981968 550778 75106 8534199 2956247 5577356 596 2542646 2246596 224251 71799 195348 141578 30802 22968 3548957 2860514 688443 9655177 9655177 1168226 890656 252589 24981 STUDENT PROGRAMS 6457971 6156448 200158 101365 FOOD SERVICE 6359358 6253513 84270 21575 BAD DEBT EXPENSE 393369 -2788 396157 0 MEMBERSHIPS 252910 74853 169368 8689 1150794 913971 212258 24565 178774880 150220325 25955296 2599259 2331486 1624215 19852919 26714333 3468135 8925946 5748284 5508327 3326516 1701421 97530 90850 2080548 1909155 262952818 121191099 145622281 141761719 18773300 22100988 98509839 109441283 12417429 11438242 1315952 1214400 313544219 332430879 13881456 9950512 6219996 6313700 70580487 68808415 9009095 8387960 21783102 22764983 121474136 116225570 X 60442006 67029975 32104334 42837125 99523743 106338209 192070083 216205309 313544219 332430879 X 16127712 10138106 -2130592 X 0 1 X 1 1 1 X 11837759 10798934 8426456 10720780 14889493 56673422 11837759 10798934 8426456 10720780 14889493 56673422 16462841 40210581 1244680 1561837 1770480 2268995 2560526 9406518 12009 65076 77085 66157025 740390786 0.60780 0.84150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X X 0 115251074 6112592 16094290 1950409 2902157 132605390 107520190 2303169 10442058 2034762 2979581 115251074 111543339 1510384 -503748 2046328 2983457 107520190 96476920 5579322 15231580 2099400 3645083 111543339 91718845 1596175 9114030 2173038 3779092 96476920 0.05280 0.73230 0.21490 0 0 226619 2458877 2685496 11372468 221898810 105772058 127499220 9088112 4620814 4467298 17907932 10798227 7109705 141761719 OTHER INVESTMENTS 350050 C ASSETS HELD BY OTHERS 959696 F PRIVATE EQUITY PSHIPS 10860366 F MULTI-HEDGE STRATEGIES 21367170 F INFLATION HEDGING 13663940 F COMMON TRUST FUNDS 25127636 F GLOBAL EQUITIES 30588830 F FIXED INCOME 6523595 F 109441283 RESERVE FOR ANNUITIES PAYABLE 1956574 REFUNDABLE U.S. GOVT STUDENT LOANS 5400151 LIABILITY FOR TRUSTS PAYABLE 12141959 ASSET RETIREMENT OBLIGATION 3005510 UNEARNED REV - POOLED INCOME FUND 260789 22764983 X 144286398 10138106 10138106 134148292 395267 60359033 60754300 194902592 120151172 0 120151172 395267 58228441 58623708 178774880 PART III, LINE 4: THE UNIVERSITY MAINTAINS A LIMITED COLLECTION OF ART AND HISTORICAL TREASURES TO BE USED FOR ACADEMIC AND RESEARCH PURPOSES AS WELL AS PRESERVING COLLECTION ITEMS FOR FUTURE GENERATIONS. UPON THE ADOPTION OF SFAS 116, THE UNIVERSITY ELECTED TO CAPITALIZE COLLECTION ITEMS PROSPECTIVELY. SUBSEQUENT TO MAKING THE ELECTION, THE UNIVERSITY HAS NOT RECORDED ANY SIGNIFICANT COLLECTION ITEMS. PART V, LINE 4: ENDOWMENT FUNDS ARE INTENDED FOR SCHOLARSHIPS, EDUCATIONAL ACTIVITIES AND INSTITUTIONAL SUPPORT PURPOSES. PART X, LINE 2: THE UNIVERSITY IS RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON ANY NET INCOME FROM UNRELATED BUSINESS ACTIVITIES. THE UNIVERSITY FILES A FORM 990 (RETURN OF UNIVERSITY EXEMPT FROM INCOME TAX) ANNUALLY AND UNRELATED BUSINESS INCOME ("UBI") IS REPORTED ON FORM 990T, AS APPROPRIATE. MANAGEMENT HAS EVALUATED THE UNIVERSITY'S MATERIAL TAX POSITIONS, WHICH INCLUDE SUCH MATTERS AS THE TAX EXEMPT STATUS OF THE ENTITY AND VARIOUS POSITIONS RELATIVE TO POTENTIAL SOURCES OF UBI. AS OF JUNE 30, 2014 AND 2013, THERE WERE NO UNCERTAIN TAX BENEFITS IDENTIFIED AND RECORDED AS A LIABILITY. THE UNIVERSITYS TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE UNIVERSITY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE JUNE 2011 FOR ITS FEDERAL FILINGS AND FOR YEARS BEFORE JUNE 2010 FOR ITS STATE FILINGS. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 57,193,551. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 2,114,741. ASSOCIATED STUDENT REVENUE 1,010,088. BOOK/TAX DIFFERENCE FROM K-1 26,933. PLEDGE WRITE OFF 13,720. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 57,193,551. ASSOCIATED STUDENT EXPENSES 1,034,890. 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 UNIVERSITY PUBLISHES STATEMENTS THAT THE UNIVERSITY DOES NOT DISCRIMINATE IN THE ADMISSIONS PROCESS IN THE UNIVERSITY CATALOG, ADMISSIONS BROCHURES, AND APPLICATION FORMS. SCHEDULE E, PART I, LINE 6 GRANTS RECEIVED FROM FEDERAL AND STATE AGENCIES FOR FINANCIAL ASSISTANCE TO STUDENTS. EUROPE (INCLUDING ICELAND AND GREENLAND) 1 1 PROGRAM SERVICES UNDERGRADUATE STUDY ABROAD 820535 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 22229844 1 1 0 0 1 1 23050379 0 23050379 1 0 0 1 1 0 SCHEDULE F, PART I, LINE 3 THE ORGANIZATION MONITORS FOREIGN EXPENDITURES ON A MONTHLY BASIS. ONCE DURING EACH SEMESTER, THE UNIVERSITY OF REDLANDS TRANSFERS EUROS TO THE FOREIGN OFFICE FOR THE ESTIMATED AMOUNT OF THE FOREIGN OFFICE'S EXPENDITURES FOR THE SEMESTER. AT THE END OF EACH MONTH, THE FOREIGN OFFICE SENDS THE UNIVERSITY OF REDLANDS A LEDGER OF ACTUAL EXPENDITURES AND A CASH RECONCILIATION FOR THE BANK ACCOUNT. THE UNIVERSITY OF REDLANDS EVALUATES AND RECONCILES THE FOREIGN ACCOUNT CASH BALANCE AND UPDATES THE GENERAL LEDGER MONTHLY BASED ON THE ACTUAL DATA RECEIVED. AT THE END OF EACH SCHOOL YEAR, THE FOREIGN OFFICE PROVIDES THE UNIVERSITY OF REDLANDS WITH RECEIPTS AND DOCUMENTATION FOR ALL EXPENDITURES FOR THE YEAR. 1 UNDERGRADUATE NEED BASED SCHOLARSHIPS 2175 47037831 UNDERGRADUATE MERIT SCHOLARSHIPS 909 9553762 GRADUATE NEED BASED SCHOLARSHIPS 176 601958 PART I, LINE 2: NEED BASED AID IS AWARDED BASED ON FEDERAL AND/OR STATE ELIGIBILITY REQUIREMENTS AND INSTITUTIONAL AID IS AWARDED ACCORDING TO INSTITUTIONAL POLICY. AMOUNTS OF AID AWARDED ARE IN COMPLIANCE WITH GOVERNING REGULATIONS OR INSTITUTIONAL POLICY. IN COMPLIANCE WITH TITLE IV REGULATIONS, TOTAL AID FROM ALL SOURCES CANNOT EXCEED NEED OR THE ANNUAL COST OF TUITION, REGARDLESS OF THE LEVEL OF NEED. GRANTS AND SCHOLARSHIPS ARE APPLIED DIRECTLY TO A STUDENT ACCOUNT AND FUNDS ARE NOT DISTRIBUTED DIRECTLY TO STUDENTS. OVERPAYMENT OR CREDIT BALANCES OF STUDENT ACCOUNT BALANCES ARE ANALYZED PRIOR TO DISTRIBUTING REFUNDS TO STUDENTS TO ENSURE THAT GRANTS AND SCHOLARSHIPS ARE PROPERLY AWARDED AND UTILIZED FOR EDUCATIONAL PURPOSES. X X X X X 1 1 X X X X X 1 1 0 0 0 0 0 0 0 CHARLOTTE BURGESS VP AND DEAN STUDENT LIFE 179361 0 0 0 1570 0 12958 0 6354 0 200243 0 0 0 KEVIN DYERLY VP ENROLLMENT 162474 0 0 0 294 0 15902 0 16823 0 195493 0 0 0 DAVID FITE VP ACADEMIC AFFAIRS 236135 0 0 0 3355 0 17127 0 11906 0 268523 0 0 0 PHILLIP L DOOLITTLE EXECUTIVE VP/COO (THROUGH 7/2013) 182587 0 0 0 0 0 7296 0 8147 0 198030 0 0 0 ANITA WEST INTERIM VP UNIVERSITY RELATIONS 196067 0 0 0 226 0 20803 0 265 0 217361 0 0 0 CORY NOMURA VP FINANCE AND ADMIN 208250 0 0 0 4674 0 14948 0 1366 0 229238 0 0 0 RALPH KUNCL PRESIDENT 497778 0 0 0 7733 0 138457 0 118068 0 762036 0 0 0 STUART NOBLE-GOODMAN DEAN, URSB (THROUGH 6/2014) 178266 0 0 0 340 0 13295 0 15805 0 207706 0 0 0 KATHY OGREN DEAN, CAS 177167 0 0 0 673 0 13004 0 13066 0 203910 0 0 0 HAMID ETESAMNIA CIO (THROUGH 1/2014) 170216 0 0 0 1045 0 12922 0 22507 0 206690 0 0 0 JAMES VALADEZ DEAN, SOE 165632 0 0 0 946 0 12027 0 8872 0 187477 0 0 0 EDWIN CALLAHAN DEAN, CONT STUDIES (THROUGH 11/2013) 163192 0 0 0 0 0 0 0 0 0 163192 0 0 0 BETHANY COREY AVP ENROLLMENT 145039 0 0 0 337 0 10923 0 18739 0 175038 0 0 0 EMUAKPOYERI OJOSE PROFESSOR (THROUGH 11/2013) 68065 0 0 0 111945 0 12946 0 68 0 193024 0 0 0 JACK OSBORN EXECUTIVE PROFESSOR 154400 0 0 0 1294 0 11643 0 21268 0 188605 0 0 0 ROBERTA DELLHIME DIRECTOR, HR 140674 0 0 0 511 0 10577 0 18384 0 170146 0 0 0 KIMBERLI MUNKRES AVP MARKETING (THROUGH 5/2014) 141501 0 0 0 254 0 10085 0 324 0 152164 0 0 0 PART I, LINE 1A FOR FLIGHTS GREATER THAN 4 HOURS, THE PRESIDENT IS APPROVED TO TRAVEL IN BUSINESS CLASS OR FIRST CLASS IF BUSINESS CLASS IS NOT AVAILABLE ON THE FLIGHT. THESE EXPENSES ARE NOT INCLUDED IN THE PRESIDENTS TAXABLE FRINGE BENEFITS. THE PRESIDENTS SPOUSE IS EXPECTED TO ACCOMPANY THE PRESIDENT ON UNIVERSITY BUSINESS TRAVEL WHERE APPROPRIATE AND THE RELATED TRAVEL EXPENSES ARE NOT A TAXABLE FRINGE BENEFIT. THE PRESIDENT WAS PROVIDED A UNIVERSITY OWNED RESIDENCE WHERE HE WAS REQUIRED TO RESIDE AS A CONDITION OF HIS EMPLOYMENT. THE UNIVERSITY MAINTAINED THE HOUSE BY PROVIDING FOR MAINTENANCE INCLUDING ALARM, POOL, UTILITY, JANITORIAL, HOUSEKEEPING, AND LANDSCAPING SERVICES. THE FAIR MARKET RENT VALUE OF $48,000 AND THE MAINTENANCE COSTS OF $49,454 ARE REPORTED AS OTHER NONTAXABLE COMPENSATION ON FORM 990. THE UNIVERSITY PAID COUNTRY CLUB DUES ON BEHALF OF RALPH KUNCL, PRESIDENT, CORY NOMURA, VICE PRESIDENT FOR FINANCE AND ADMINISTRATION, AND ANITA WEST, VICE PRESIDENT FOR ADVANCEMENT. THE PERSONAL USE PORTION OF THE VALUE OF THE COUNTRY CLUB DUES IS INCLUDED IN REPORTABLE (TAXABLE) COMPENSATION FOR THESE EMPLOYEES ON FORM 990. PART I, LINES 4A-B LINE 4A - EMUAKPOYERI OJOSE, PROFESSOR, RECEIVED SEVERANCE PAY OF $111,892. TERMS OF THE AGREEMENT ARE SUBJECT TO A CONFIDENTIALITY CLAUSE. DUE TO PUBLIC INSPECTION REQUIREMENTS OF THIS SCHEDULE, DETAILS HAVE NOT BEEN INCLUDED, BUT ARE AVAILABLE TO THE IRS UPON REQUEST. LINE 4B - RALPH KUNCL PARTICIPATES IN A NONQUALIFIED DEFERRED COMPENSATION PLAN UNDER SECTION 457(F). DEFERRED COMPENSATION IS VESTED FOR 5 YEARS SO THE FY 2013-2014 DEFERRED COMPENSATION WILL BE VESTED AS OF JUNE 30, 2018. DEFERRED COMPENSATION IS SUBJECT TO CONTINUAL EMPLOYMENT THROUGH THE VESTING PERIOD EXCEPT FOR THE EVENT OF DEATH OR FULL PERMANENT DISABILITY. CONTRIBUTION TO 457(F) PLAN IN THE CURRENT YEAR WAS $85,000. A CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 130175YV8 2003-03-27 17475467 SEE PART V 0 0 0 B CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 130175D58 2003-06-11 17193800 REFUND OF PRIOR 1995 BOND ISSUE 0 0 0 C CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 1301755C2 2005-07-07 28430427 SEE PART V 0 0 0 D CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 130178NF9 2008-05-22 20434949 SEE PART V 0 0 0 A 4055577 17475467 800467 16675000 2008 0 0 1 1 B 6059636 17193800 16573162 620638 2003 0 1 1 1 C 3118888 28430427 16822357 491477 11116593 2008 0 1 1 1 D 542484 20434949 434949 20000000 2009 0 0 1 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 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 07/01/2009 ISSUER NAME: CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 09/01/2008 ISSUER NAME: CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 06/01/2007 ISSUER NAME: CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 06/01/2010 SCHEDULE K, PART I, COLUMN F DESCRIPTION OF PURPOSE BOND #1: A. CONSTRUCTION OF A 200-BED STUDENT HOUSING COMMUNITY. PROVIDES ON-CAMPUS STUDENT HOUSING FOR STUDENTS ENROLLED IN THE COLLEGE OF ARTS AND SCIENCES PROGRAM. $11,900,000 PROJECT COST; B. CONSTRUCTION, ACQUISITION AND EQUIPPING OF COGENERATION FACILITY. CO-GENERATION PROJECT IS DESIGNED TO MEET GROWING CAMPUS ENERGY LOADS. THE COGENERATION FACILITY WILL PROVIDE ELECTRICITY, HEAT AND COOLING. STABILIZE ENERGY EXPENSE IN A PERIOD OF VOLATILITY AND UNCERTAIN ENERGY MARKETS. $3,300,000 PROJECT COST; C. INFRASTRUCTURE IMPROVEMENTS TO CONNECT HUNSAKER UNIVERSITY CENTER (STUDENT CENTER) AND CALIFORNIA/FOUNDERS HALL (STUDENT RESIDENCE HALLS) TO THE UNIVERSITY'S MECHANICAL CENTER TO PROVIDE CENTRAL HEATING AND COOLING. $960,000 PROJECT COST; D. DEMOLITION OF VILLAGE STUDENT HOUSING AND THE CONSTRUCTION OF A NEW PARKING AREA, PEDESTRIAN WALKWAYS AND LANDSCAPING ON THE SITE. PARKING AND PEDESTRIAN WALKWAYS FOR GENERAL CAMPUS USE (FOR STUDENTS, EMPLOYEES AND VISITORS). $325,000 PROJECT COST; E. RENOVATIONS OF CLASSROOMS, ART STUDIOS, FACULTY OFFICES, TECHNOLOGY LABORATORIES, AND OTHER ACADEMIC SPACES, AS WELL AS RECREATIONAL SPACES, INCLUDING DUKE HALL,HENTSCHKE HALL AND CURRIER GYMNASIUM. SPACES TO BE USED FOR TEACHING, RESEARCH AND OTHER ACADEMIC RELATED USES. ANY UNSPENT PORTION OF REMAINING BOND PROCEEDS. BOND #3: A. CONSTRUCTION, ACQUISITION AND EQUIPPING OF COGENERATION FACILITY INCLUDING THE PURCHASE AND INSTALLATION OF ALL REQUIRED EQUIPMENT THEREIN. $3,600,000 PROJECT COST; B. ACQUISITION AND EQUIPMENT FOR REPLACEMENT OF CAMPUS TELEPHONE SYSTEM. $1,600,000 PROJECT COST; C. RENOVATION OF FOUNDERS HALL, A STUDENT RESIDENCE HALL/DORMITORY, AND PURCHASE AND INSTALLATION OF EQUIPMENT AND FURNISHINGS THEREIN. $3,000,000 PROJECT COST; D. RENOVATION OF CALIFORNIA HALL, A STUDENT RESIDENCE HALL/DORMITORY, AND PURCHASE AND INSTALLATION OF EQUIPMENT AND FURNISHINGS THEREIN. $2,900,000 PROJECT COST; E. RENOVATIONS OF CLASSROOMS, ART STUDIOS, FACULTY OFFICES, TECHNOLOGY LABORATORIES, AND OTHER ACADEMIC SPACES, AS WELL AS RECREATIONAL SPACES, INCLUDING DUKE HALL, HENTSCHKE HALL AND CURRIER GYMNASIUM. SPACES TO BE USED FOR TEACHING, RESEARCH AND OTHER ACADEMIC RELATED USES. ANY UNSPENT PORTION OF REMAINING BOND PROCEEDS. BOND #4: A. CONSTRUCTION OF NEW ART CENTER (FIRST PHASE), INCLUDING ART STUDIOS, GALLERY, CLASSROOMS/WORKSHOPS AND FACULTY OFFICES, AND THE EXPANSION OF THE EXISTING WALLICHS THEATRE, WITH THE ADDITION OF A NEW BLACK BOX THEATRE. PROJECT SQUARE FOOTAGE OF 42,000. TOTAL PROJECT COST OF APPROXIMATELY $23.9 MILLION WITH $9.0 MILLION BEING FINANCED; B. RENOVATION OF LOWER LEVEL OF THE EXISTING ARMACOST LIBRARY, INCLUDING ACADEMIC COMPUTER CENTER, INSTRUCTIONAL TECHNOLOGY SERVICES, LEARNING SPACES, COMPUTER LABS, COLLABORATIVE STUDENT STUDY AREAS, CAFE(COFFEESTORE) AND ADMINISTRATIVE OFFICES. PROJECT SQUARE FOOTAGE OF 21,000. TOTAL PROJECT COST OF APPROXIMATELY $10.4 MILLION WITH $8.7 MILLION FINANCED; C.INFRASTRUCTURE IMPROVEMENTS TO THE UNIVERSITY'S ENERGY CENTER (CO-GENERATION PLANT) WITH THE EXTENSION OF THE HOT/CHILLED WATER DISTRIBUTION SYSTEM. TOTAL PROJECT COST OF APPROXIMATELY $2.3 MILLION, ALL FINANCED. X 1 4999 FMV X 100 FMV X 29 403695 FMV X 2 2100000 FMV X JEWELRY 2 1518 FMV X PAID EXPENSES 1 702 FMV X HAND PAINTED 1 450 FMV X PRESIDENTIAL 1 334 FMV 0 0 1 1 PART I, COLUMN (B): THE QUANTITIES LISTED REPRESENT THE NUMBER OF INSTANCES THAT A CONTRIBUTION OF SUCH PROPERTY WAS RECEIVED. THE NUMBERS DO NOT NECESSARILY REFLECT THE NUMBER OF CONTRIBUTORS OR THE NUMBER OF ITEMS CONTRIBUTED. PART I, LINE 32B: A REAL ESTATE PROFESSIONAL SELLS REAL ESTATE DONATED TO THE UNIVERSITY. FORM 990, PART III, LINE 1 THE UNIVERSITY OF REDLANDS IS A PRIVATE, INDEPENDENT UNIVERSITY COMMITTED TO PROVIDING A PERSONALIZED EDUCATION THAT FREES STUDENTS TO MAKE ENLIGHTENED CHOICES. REDLANDS EMPHASIZES ACADEMIC RIGOR, CURRICULAR DIVERSITY, AND INNOVATIVE TEACHING. REDLANDS FOSTERS A COMMUNITY OF SCHOLARS AND ENCOURAGES A PLURALISTIC NOTION OF VALUES BY CHALLENGING ASSUMPTIONS AND STEREOTYPES IN BOTH CLASSES AND ACTIVITIES. A REDLANDS EDUCATION GOES BEYOND TRAINING TO EMBRACE A REFLECTIVE UNDERSTANDING OF OUR WORLD; IT PROCEEDS FROM INFORMATION TO INSIGHT, FROM KNOWLEDGE TO MEANING. WELCOMING INTELLECTUALLY CURIOUS STUDENTS OF DIVERSE RELIGIOUS, ETHNIC, NATIONAL, AND SOCIO-ECONOMIC BACKGROUNDS, THE UNIVERSITY SEEKS TO DEVELOP RESPONSIBLE CITIZENSHIP AS PART OF A COMPLETE EDUCATION. REDLANDS ENCOURAGES A COMMUNITY ATMOSPHERE WITH EXCEPTIONAL OPPORTUNITY FOR STUDENT LEADERSHIP AND INTERACTION. FOR WORKING ADULTS, THE UNIVERSITY OFFERS INNOVATIVE PROGRAMS AT CONVENIENT LOCATIONS AND TIMES. REDLANDS BLENDS LIBERAL ARTS AND PROFESSIONAL PROGRAMS, APPLIED AND THEORETICAL STUDY, TRADITIONAL MAJORS AND SELF-DESIGNED CONTRACTS FOR GRADUATION. SMALL CLASSES ENABLE EACH STUDENT TO PARTICIPATE IN CLASS DISCUSSION, TO WORK CLOSELY WITH PROFESSORS, AND TO RECEIVE EXTENSIVE INDIVIDUAL ATTENTION. REDLANDS REMAINS SENSITIVE TO CONTEMPORARY TRENDS IN SOCIETY AND CHALLENGES STUDENTS TO COMMIT THEMSELVES TO A LIFETIME OF LEARNING. FORM 990, PART VI, SECTION A, LINE 2 CHARLOTTE BURGESS, VICE PRESIDENT & DEAN STUDENT LIFE AND TRUSTEE LARRY BURGESS, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED IN DETAIL BY UNIVERSITY MANAGEMENT, LEGAL COUNSEL AND THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES APPROVES THE FORM 990 RETURN. THE FINAL COPY OF THE FORM 990 IS DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY AND QUESTIONNAIRE IS ANNUALLY DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF TRUSTEES AND SENIOR ADMINISTRATIVE PERSONNEL TO DETERMINE RELATED PARTY/CONFLICT OF INTEREST DISCLOSURES. QUESTIONNAIRE RESPONSES ARE REVIEWED BY MANAGEMENT AND THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES TO DETERMINE IF ANY POTENTIAL CONFLICTS EXIST. FOR ANY IDENTIFIED CONFLICTS, THE BOARD EXPLICITLY REQUIRES THAT THE RELATED PARTY RECUSE AND REMOVE HIMSELF FROM VOTING ON THE APPROVAL OF THE OPERATING BUDGET (WHICH CONTAINS THE RELATED TRANSACTION) TO ENSURE NO CONFLICT OF INTEREST IS PERCEIVED. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMPENSATION IS ESTABLISHED ANNUALLY BY THE EXECUTIVE EVALUATION & COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE UNIVERSITY UTILIZED AN INDEPENDENT COMPENSATION FIRM TO COMPLETE AN EXECUTIVE COMPENSATION STUDY. COMPARATIVE SALARY AND BENEFIT INFORMATION IS REVIEWED IN ESTABLISHING THE APPROPRIATE LEVEL OF COMPENSATION FOR OFFICERS. ALL OFFICER COMPENSATION IS REVIEWED AND APPROVED BY THE EXECUTIVE EVALUATION AND COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. COMPENSATION DELIBERATION AND DECISIONS WERE CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES OF THE EXECUTIVE EVALUATION AND COMPENSATION COMMITTEE MINUTES. COMPENSATION DETERMINATION PROCESS WAS LAST UNDERTAKEN IN AUGUST 2012. THE PROCESS IS DONE EVERY THREE YEARS AND THE UNIVERSITY IS CURRENTLY UNDERGOING THE PROCESS AGAIN AT THE TIME OF THIS FILING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -2,114,741. NET ASSOCIATED STUDENT REVENUE/EXPENSES 24,802. BOOK/TAX DIFFERENCE FROM K-1 -26,933. PLEDGE WRITE OFF -13,720. REDLANDS PROPERTY MANAGEMENT INC PO BOX 3080 REDLANDS CA 92373 330423448 TITLE HOLDING CA 0 0 UNIVERSITY OF REDLANDS REDLANDS PROPERTY MANAGEMENT TRUST PO BOX 3080 REDLANDS CA 92373 336089947 TITLE HOLDING CA 0 0 UNIVERSITY OF REDLANDS REDLANDS CENTER FOR SCIENCE & ENVIRONMENTAL STUDIES 1200 EAST COLTON AVENUE REDLANDS CA 923730999 330628369 INACTIVE CA 501(C)(3) LINE 11A, I N/A 1 CHARITABLE REMAINDER UNITRUSTS (11) CHARITABLE GIFTS CA UNIVERSITY OF REDLANDS 1 CHARITABLE REMAINDER ANNUITY TRUSTS (2) CHARITABLE GIFTS CA UNIVERSITY OF REDLANDS 1 CHARITABLE REMAINDER TRUSTS (3) CHARITABLE GIFTS CA UNIVERSITY OF REDLANDS 1 POOLED INCOME FUND (1) CHARITABLE GIFTS CA UNIVERSITY OF REDLANDS 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0