HAWAII PACIFIC UNIVERSITY: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization: HAWAII PACIFIC UNIVERSITY (EIN 99-0113930)
Tax period: 2013-07-01 to 2014-06-30
Filed: 2015-05-13
IRS object ID: 201521339349300717
Schema version: 2013v4.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule L
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2015-05-13T07:46:16-05:00	ReturnTs
Tax Period End	2014-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	ERNST & YOUNG US LLP	BusinessNameLine1

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	4370 LA JOLLA VILLAGE DR STE 500	AddressLine1
City	SAN DIEGO	City
State	CA	State
ZIP Code	92122	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2013-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	990113930	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Hawaii Pacific University	BusinessNameLine1

Field	Value	IRS element (for citing)
In Care Of	% BRUCE EDWARDS	InCareOfNm
Business Name Control	HAWA	BusinessNameControlTxt
Phone	8085440201	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1164 Bishop Street	AddressLine1
Address Line2	Suite 800	AddressLine2
City	Honolulu	City
State	HI	State
ZIP Code	96813	ZIPCode

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	BRUCE EDWARDS	PersonNm
Person Title	VP & CFO	PersonTitleTxt
Signature	2015-05-12	SignatureDt

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DEBRA HEISKALA	PreparerPersonNm
PTIN	P00649485	PTIN

Field	Value	IRS element (for citing)
Tax	2013	TaxYr
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	Geoffrey Bannister	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1164 Bishop Street Suite 800	AddressLine1
City	Honolulu	City
State	HI	State
ZIP Code	96813	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	$131,682,064	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	http://www.hpu.edu	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1965	FormationYr
Legal Domicile State	HI	LegalDomicileStateCd
Activity Or Mission	HPU IS AN INTERNATIONAL LEARNING COMMUNITY SET IN THE RICH CULTURAL CONTEXT OF HAWAI'I. OUR INNOVATIVE PROGRAMS PREPARE OUR GRADUATES AS ACTIVE MEMBERS OF A GLOBAL SOCIETY.	ActivityOrMissionDesc
Voting Members Governing Body	18	VotingMembersGoverningBodyCnt
Voting Members Independent	13	VotingMembersIndependentCnt
Total Employee	1962	TotalEmployeeCnt
Total Volunteers	607	TotalVolunteersCnt
Total Gross UBI	$1,339,553	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$658,369	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$2,388,226	PYContributionsGrantsAmt
CY Contributions Grants	$3,475,545	CYContributionsGrantsAmt
PY Program Service Revenue	$96,060,603	PYProgramServiceRevenueAmt
CY Program Service Revenue	$101,123,245	CYProgramServiceRevenueAmt
PY Investment Income	$935,308	PYInvestmentIncomeAmt
CY Investment Income	$1,721,478	CYInvestmentIncomeAmt
PY Other Revenue	$458,887	PYOtherRevenueAmt
CY Other Revenue	$1,171,493	CYOtherRevenueAmt
PY Total Revenue	$99,843,024	PYTotalRevenueAmt
CY Total Revenue	$107,491,761	CYTotalRevenueAmt
PY Grants And Similar Paid	$16,893,545	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$23,325,565	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$64,664,635	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$60,766,913	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$1,900,359	CYTotalFundraisingExpenseAmt
PY Other Expenses	$29,980,481	PYOtherExpensesAmt
CY Other Expenses	$31,348,477	CYOtherExpensesAmt
PY Total Expenses	$111,538,661	PYTotalExpensesAmt
CY Total Expenses	$115,440,955	CYTotalExpensesAmt
PY Revenues Less Expenses	-$11,695,637	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$7,949,194	CYRevenuesLessExpensesAmt
Total Assets BOY	$104,666,260	TotalAssetsBOYAmt
Total Assets EOY	$165,975,416	TotalAssetsEOYAmt
Total Liabilities BOY	$33,489,736	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$75,481,399	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$71,176,524	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$90,494,017	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	SEE SCHEDULE O	MissionDesc
Significant New Program Srvc	Yes (true)	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$78,499,779	ExpenseAmt
Grant	$23,325,565	GrantAmt
Revenue	$101,198,332	RevenueAmt
Desc	THE UNIVERSITY PROVIDES HIGHER EDUCATION SERVICES TO APPROXIMATELY 7,000 STUDENTS. GRANTS ARE PRIMARILY MERIT AND NEED-BASED SCHOLARSHIPS PROVIDED TO STUDENTS.	Desc
Total Program Service Expenses	$78,499,779	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	Yes (true)	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Temp Or Permanent Endowments	Yes (true)	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (true)	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (true)	ConsolidatedAuditFinclStmtInd
School Operating	Yes (true)	SchoolOperatingInd
Foreign Office	Yes (true)	ForeignOfficeInd
Foreign Activities	Yes (true)	ForeignActivitiesInd
More Than5000 K To Org	Yes (true)	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	Yes (true)	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	Yes (true)	GrantsToOrganizationsInd
Grants To Individuals	Yes (true)	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (true)	TaxExemptBondsInd
Invest Tax Exempt Bonds	false	InvestTaxExemptBondsInd
Escrow Account	false	EscrowAccountInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	Yes (true)	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	Yes (true)	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	Yes (true)	DisregardedEntityInd
Related Entity	Yes (true)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (true)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	Yes (true)	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	5359	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	1962	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Foreign Financial Account	Yes (true)	ForeignFinancialAccountInd
Foreign Country	CJ	ForeignCountryCd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	Yes (true)	NondeductibleContributionsInd
Nondeductible Contri Discl	Yes (true)	NondeductibleContriDisclInd
Quid Pro Quo Contributions	Yes (true)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (true)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	18	GoverningBodyVotingMembersCnt
Independent Voting Member	13	IndependentVotingMemberCnt
Family Or Business Rln	Yes (true)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	Yes (true)	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	BRUCE EDWARDS	PersonNm
Phone	8083565256	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1164 BISHOP STREET SUITE 800	AddressLine1
City	HONOLULU	City
State	HI	State
ZIP Code	96813	ZIPCode

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	Yes (X)	InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (30 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
CONRAD W HEWITT
TRUSTEE	5.0	0.0	Yes (X)	$0	$0	$0
RICHARD C HUNTER
TRUSTEE	5.0	0.0	Yes (X)	$0	$0	$0
VIOLET S LOO
TRUSTEE	5.0	0.0	Yes (X)	$0	$0	$0
JAMES C POLK
TRUSTEE	5.0	0.0	Yes (X)	$0	$0	$0
JAMES S ROMIG
TRUSTEE	5.0	0.0	Yes (X)	$0	$0	$0
MICHELE K SAITO
TRUSTEE	5.0	0.0	Yes (X)	$0	$0	$0
LILY S SUN
TRUSTEE	5.0	0.0	Yes (X)	$0	$0	$0
RAYMOND P VARA JR
TRUSTEE	5.0	0.0	Yes (X)	$0	$0	$0
DR ALLEN L ZECHA
TRUSTEE	5.0	0.0	Yes (X)	$0	$0	$0
DR GEOFFREY BANNISTER
TRUSTEE, PRESIDENT	40.0	0.0	Yes (X)	$500,534	$0	$47,689	Yes (X)
DR MICHAEL J CHUN
TRUSTEE, CHAIR	5.0	0.0	Yes (X)	$0	$0	$0
STEVEN K BAKER
TRUSTEE, VICE CHAIR	5.0	0.0	Yes (X)	$0	$0	$0
JAMES A AJELLO
TRUSTEE, TREASURER	5.0	0.0	Yes (X)	$0	$0	$0
CARLETON K L CHING
TRUSTEE	5.0	0.0	Yes (X)	$0	$0	$0
JOACHIM P COX
TRUSTEE	5.0	0.0	Yes (X)	$0	$0	$0
LAYLA J L DEDRICK
TRUSTEE	5.0	0.0	Yes (X)	$0	$0	$0
CHRISTINA D DOANE
TRUSTEE	5.0	0.0	Yes (X)	$0	$0	$0
RADM FRED P GUSTAVSON USN RET
TRUSTEE	5.0	0.0	Yes (X)	$0	$0	$0
MATTHEW LIAO-TROTH
PROVOST & VP ACADEMIC AFFAIRS	40.0	0.0		$143,144	$0	$30,717	Yes (X)
CECILIA MINALGA
INTERIM CFO	40.0	0.0		$290,307	$0	$0	Yes (X)
BRUCE EDWARDS
VICE PRESIDENT & CFO	40.0	0.0		$0	$0	$0	Yes (X)
JANET S KLOENHAMER
SEC, EVP & GEN'L COUNSEL	40.0	0.0		$270,341	$0	$50,525	Yes (X)
DEBORAH F CROWN
DEAN, BUSINESS ADMINISTRATION	40.0	0.0		$253,279	$0	$42,572		Yes (X)
SCOTT HAYASHI
MGR, CAPITAL PROJECTS	40.0	0.0		$216,535	$0	$2,558		Yes (X)
MARY ELLEN MCGILLAN
VP, ALUMNI UNIV. RELATIONS	40.0	0.0		$278,410	$0	$49,175			Yes (X)
TODD H SIMMONS
VP, MARKETING-COMMUNICATIONS	40.0	0.0		$230,567	$0	$34,399			Yes (X)
DR ANDREW BRITTAIN
ASSOCIATE PROFESSOR	40.0	0.0		$230,324	$0	$52,952			Yes (X)
SHARON BLANTON
VP & CIO	40.0	0.0		$226,945	$0	$39,526			Yes (X)
DEBORAH NAKASHIMA
AVP, STUDENT AFFAIRS	40.0	0.0		$213,782	$0	$15,308			Yes (X)
WILLIAM KLINE
FORMER VP & CFO	0.0	0.0		$126,415	$0	$28,509				Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$2,980,583	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$393,930	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	82	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (true)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1	CityContractorAddress/USAddress/City	StateContractorAddress/USAddress/State	ZIP CodeContractorAddress/USAddress/ZIPCode	ServicesServicesDesc	CompensationCompensationAmt
SODEXO INC
dept 880328	LOS ANGELES	CA	90088	FOOD SERVICE MTGT	$764,857
WKF INC
PO BOX 31000	HONOLULU	HI	968495484	RENT & MGMT SVCS	$1,397,624
FINANCE FACTORS LTD
PO BOX 1300	HONOLULU	HI	968071300	RENT & MGMT SVCS	$1,324,186
DEG LLC
1132 BISHOP ST SUITE 2305	HONOLULU	HI	96813	RENT & MGMT SVCS	$1,178,106
NIU PIA LAND COMPANY LTD
PO BOX 1300	HONOLULU	HI	968071300	RENT & MGMT SVCS	$980,192

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	49	CntrctRcvdGreaterThan100KCnt
Fundraising	$0	FundraisingAmt
Government Grants	$2,323,238	GovernmentGrantsAmt
All Other Contributions	$1,152,307	AllOtherContributionsAmt
Noncash Contributions	$15,946	NoncashContributionsAmt
Total Contributions	$3,475,545	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt	ExclusionExclusionAmt
TUITION & FEES	611710	$99,440,782	$99,440,782	$0	$0
FEES/CONTRACTS FROM GOV'T	611710	$247,777	$247,777	$0	$0
RESEARCH & TRAINING	541700	$1,398,651	$1,398,651	$0	$0
BY-PRODUCT SALES	900099	$36,035	$36,035	$0	$0

Field	Value	IRS element (for citing)
Total Program Service Revenue	$101,123,245	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$893,214	TotalRevenueColumnAmt
Exclusion	$893,214	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$107,843	TotalRevenueColumnAmt
Exclusion	$107,843	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$3,887,009	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$4,955,560	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	-$1,068,551	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$1,068,551	TotalRevenueColumnAmt
Exclusion	-$1,068,551	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$19,561,304	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$18,840,883	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$720,421	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$720,421	TotalRevenueColumnAmt
Exclusion	$720,421	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$40,122	FundraisingGrossIncomeAmt
Fundraising Direct Expenses	$52,464	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$12,342	TotalRevenueColumnAmt
Exclusion	-$12,342	ExclusionAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$418,452	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$341,396	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$77,056	TotalRevenueColumnAmt
Related Or Exempt Func Income	$75,087	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$1,969	UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt	ExclusionExclusionAmt
PARKING FEES	900099	$1,641,284	$0	$1,295,513	$345,771
ATHLETIC REVENUE	900099	$140,053	$0	$9,954	$130,099
CLUB REVENUE	900099	$29,543	$0	$0	$29,543

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$364,450	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$32,117	UnrelatedBusinessRevenueAmt
Exclusion	$332,333	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$2,175,330	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$107,491,761	TotalRevenueColumnAmt
Related Or Exempt Func Income	$101,198,332	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$1,339,553	UnrelatedBusinessRevenueAmt
Exclusion	$1,478,331	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$136,769	TotalAmt
Program Services	$136,769	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$23,170,976	TotalAmt
Program Services	$23,170,976	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$17,820	TotalAmt
Program Services	$17,820	ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$2,372,602	TotalAmt
Program Services	$802,509	ProgramServicesAmt
Management And General	$1,570,093	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$124,266	TotalAmt
Program Services	$124,266	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$46,341,981	TotalAmt
Program Services	$36,851,742	ProgramServicesAmt
Management And General	$8,250,230	ManagementAndGeneralAmt
Fundraising	$1,240,009	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$3,990,897	TotalAmt
Program Services	$3,638,574	ProgramServicesAmt
Management And General	$352,323	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$3,899,334	TotalAmt
Program Services	$1,964,797	ProgramServicesAmt
Management And General	$1,580,899	ManagementAndGeneralAmt
Fundraising	$353,638	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$4,037,833	TotalAmt
Program Services	$2,825,453	ProgramServicesAmt
Management And General	$1,212,380	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$68,982	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$68,982	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$789,201	TotalAmt
Program Services	$11,860	ProgramServicesAmt
Management And General	$777,341	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$298,948	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$298,948	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Fundraising	$0	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$152,484	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$152,484	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$4,483,996	TotalAmt
Program Services	$1,144,814	ProgramServicesAmt
Management And General	$3,231,043	ManagementAndGeneralAmt
Fundraising	$108,139	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$957,509	TotalAmt
Program Services	$421,737	ProgramServicesAmt
Management And General	$437,249	ManagementAndGeneralAmt
Fundraising	$98,523	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,193,600	TotalAmt
Program Services	$1,655,566	ProgramServicesAmt
Management And General	$1,467,053	ManagementAndGeneralAmt
Fundraising	$70,981	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$3,736,239	TotalAmt
Program Services	$16,743	ProgramServicesAmt
Management And General	$3,719,496	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$6,082,230	TotalAmt
Program Services	$121,352	ProgramServicesAmt
Management And General	$5,954,697	ManagementAndGeneralAmt
Fundraising	$6,181	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$1,765,178	TotalAmt
Program Services	$1,559,455	ProgramServicesAmt
Management And General	$194,127	ManagementAndGeneralAmt
Fundraising	$11,596	FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$517,242	TotalAmt
Program Services	$365,512	ProgramServicesAmt
Management And General	$141,222	ManagementAndGeneralAmt
Fundraising	$10,508	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$832,757	TotalAmt
Program Services	$168	ProgramServicesAmt
Management And General	$832,392	ManagementAndGeneralAmt
Fundraising	$197	FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$2,817,787	TotalAmt
Program Services	$1,848,897	ProgramServicesAmt
Management And General	$968,890	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$921,195	TotalAmt
Program Services	$120,558	ProgramServicesAmt
Management And General	$800,637	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
STUDENT RECRUITMENT	$1,101,268	$984,008	$117,231	$29
PROVISION FOR DOUBTFUL ACCTS	$1,080,716		$1,080,716
INSTRUCTIONAL MEDIA A/V	$417,353	$417,353
PARKING EXPENSE	$368,448		$368,448

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,763,344	TotalAmt
Program Services	$298,850	ProgramServicesAmt
Management And General	$1,463,936	ManagementAndGeneralAmt
Fundraising	$558	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$115,440,955	TotalAmt
Program Services	$78,499,779	ProgramServicesAmt
Management And General	$35,040,817	ManagementAndGeneralAmt
Fundraising	$1,900,359	FundraisingAmt

Total Joint Costs TotalJointCostsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$1,400	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$1,834,369	BOYAmt
EOY	$35,639,232	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$283,534	BOYAmt
EOY	$478,805	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$3,564,608	BOYAmt
EOY	$5,480,578	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$3,006,539	BOYAmt
EOY	$2,968,244	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$754,490	BOYAmt
EOY	$39,864	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$659,073	BOYAmt
EOY	$459,149	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$81,287,352	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$37,565,270	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$23,922,244	BOYAmt
EOY	$43,722,082	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$31,008,707	BOYAmt
EOY	$35,693,914	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$29,060,957	BOYAmt
EOY	$28,204,910	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$10,567,179	BOYAmt
EOY	$10,167,334	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$4,560	BOYAmt
EOY	$3,119,904	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$104,666,260	BOYAmt
EOY	$165,975,416	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$10,835,793	BOYAmt
EOY	$15,250,392	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$3,540,883	BOYAmt
EOY	$3,304,335	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$42,311,158	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$10,000,000	BOYAmt
EOY	$10,000,000	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$4,200,000	BOYAmt
EOY	$100,000	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$4,913,060	BOYAmt
EOY	$4,515,514	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$33,489,736	BOYAmt
EOY	$75,481,399	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$59,207,619	BOYAmt
EOY	$76,327,476	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$7,361,642	BOYAmt
EOY	$9,363,494	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$4,607,263	BOYAmt
EOY	$4,803,047	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$71,176,524	BOYAmt
EOY	$90,494,017	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$104,666,260	BOYAmt
EOY	$165,975,416	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	-$7,949,194	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$8,061,474	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$19,205,213	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	Yes (true)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (true)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

Field	Value	IRS element (for citing)
Revenues Included	$0	RevenuesIncludedAmt
Assets Included	$118,350	AssetsIncludedAmt

Field	Value	IRS element (for citing)
Held Works Art		HeldWorksArtGrp
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Solicited Assets Sale	false	SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$64,442,544	BeginningYearBalanceAmt
Contributions	$213,784	ContributionsAmt
Investment Earnings Or Losses	$9,789,252	InvestmentEarningsOrLossesAmt
Other Expenditures	$5,996,613	OtherExpendituresAmt
End Year Balance	$68,448,967	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$55,301,634	BeginningYearBalanceAmt
Contributions	$67,433	ContributionsAmt
Investment Earnings Or Losses	$7,121,307	InvestmentEarningsOrLossesAmt
Other Expenditures	$2,986,413	OtherExpendituresAmt
End Year Balance	$59,503,961	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$76,494,236	BeginningYearBalanceAmt
Contributions	$109,842	ContributionsAmt
Investment Earnings Or Losses	-$4,769,503	InvestmentEarningsOrLossesAmt
Other Expenditures	$16,532,941	OtherExpendituresAmt
End Year Balance	$55,301,634	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$66,019,086	BeginningYearBalanceAmt
Contributions	$82,613	ContributionsAmt
Investment Earnings Or Losses	$10,434,232	InvestmentEarningsOrLossesAmt
Other Expenditures	$41,695	OtherExpendituresAmt
End Year Balance	$76,494,236	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$60,623,110	BeginningYearBalanceAmt
Contributions	$113,118	ContributionsAmt
Investment Earnings Or Losses	$6,278,087	InvestmentEarningsOrLossesAmt
Other Expenditures	$995,229	OtherExpendituresAmt
End Year Balance	$66,019,086	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.82508	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.07017	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.10476	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	Yes (true)	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$272,000	OtherCostOrOtherBasisAmt
Book Value	$272,000	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$23,594,462	OtherCostOrOtherBasisAmt
Depreciation	$8,557,261	DepreciationAmt
Book Value	$15,037,201	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$27,826,661	OtherCostOrOtherBasisAmt
Depreciation	$14,401,817	DepreciationAmt
Book Value	$13,424,844	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$17,729,662	OtherCostOrOtherBasisAmt
Depreciation	$14,484,314	DepreciationAmt
Book Value	$3,245,348	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$11,864,567	OtherCostOrOtherBasisAmt
Depreciation	$121,878	DepreciationAmt
Book Value	$11,742,689	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$43,722,082	TotalBookValueLandBuildingsAmt
Financial Derivatives		FinancialDerivativesGrp

Closely Held Equity Interests CloselyHeldEquityInterestsGrp

Field	Value	IRS element (for citing)
Book Value	$11,886,065	BookValueAmt
Method Valuation	F	MethodValuationCd

Other Securities OtherSecuritiesGrp (3 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
1607 CAPITAL INT'L EQUITY	$10,894,952	F
BRANDYWINE GLOBAL INVESTMENT	$1,954,843	F
ACADIAN EMERGING MARKETS	$3,469,050	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$28,204,910	TotalBookValueSecuritiesAmt
Federal Income Tax Liability	$0	FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
CAPITAL LEASE OBLIGATION	$536,022
FEDERAL STUDENT LOAN OBLIGATION	$3,979,492

Field	Value	IRS element (for citing)
Total Liability	$4,515,514	TotalLiabilityAmt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE D, PART III, LINE 4	COLLECTIONS OF ART AND HISTORICAL TREASURES THE PACIFIC ISLAND ART AND ARTIFACT COLLECTION CONSISTS OF APPROXIMATELY 400 CULTURALLY SIGNIFICANT PIECES. THE COLLECTION WILL BE DISPLAYED THROUGHOUT THE UNIVERSITY CAMPUSES AND WILL BE AVAILABLE FOR PUBLIC VIEWING ONCE DISPLAY LOCATIONS ARE IDENTIFIED. THE COLLECTION WILL ENRICH THE KNOWLEDGE OF MANY PACIFIC ISLAND CULTURES, HISTORIES AND CUSTOMS THROUGH THE STUDY OF THE ART AND ARTIFACTS.
SCHEDULE D, PART V, LINE 1A	BEGINNING OF YEAR BALANCE 2012 YEAR END BALANCE 59,503,961 ADJUSTMENT - OCEANIC INSTITUTE 4,938,583 ----------- 2013 BEGINNING YEAR BALANCE 64,442,544
SCHEDULE D, PART V, LINE 4	INTENDED USE OF ENDOWMENT FUND HAWAI`I PACIFIC UNIVERSITY ENDOWMENT FUND INCLUDES QUASI, TEMPORARILY RESTRICTED AND PERMANENTLY RESTRICTED ENDOWMENT FUNDS. THE UNIVERSITY HAS ADOPTED INVESTMENT AND DISTRIBUTION POLICIES FOR ENDOWMENT ASSETS TO SUPPORT THE CURRENT AND FUTURE OPERATIONS OF THE UNIVERSITY WITH A STREAM OF RELATIVELY PREDICTABLE, STABLE AND CONSTANT EARNINGS AND TO PRESERVE AND ENHANCE THE PURCHASING POWER OF THE ENDOWMENT ASSETS. THE PRIMARY INVESTMENT OBJECTIVE OF THE ENDOWMENT ASSETS IS TO ATTAIN AN AVERAGE ANNUAL REAL TOTAL RETURN (NET OF INVESTMENT MANAGEMENT FEES AND AFTER INFLATION) IN EXCESS OF THE SPENDING RATE OVER THE LONG TERM, DEFINED AS ROLLING THREE-YEAR PERIODS, AND TO OUT PERFORM THE MEDIAN ENDOWMENT WITHIN A UNIVERSE OF OTHER SIMILARLY-ENDOWED UNIVERSITIES. THE DISTRIBUTION POLICY FOR THE UNIVERSITY IS SET AT THE RATE OF 4.5% OF THE AVERAGE ENDING MARKET VALUES OF THE INVESTMENT PORTFOLIO FOR THE TWELVE QUARTERS.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (true)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (true)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (true)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (true)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (true)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (true)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (true)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	false	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	false	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	false	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	false	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	false	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	false	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	false	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (true)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	false	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (true)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

SCHEDULE E, PART I, LINE 3

NONDISCRIMINATION POLICY HAWAI`I PACIFIC UNIVERSITY MEETS THE REQUIREMENTS OF REV. PROC. 75-50 PUBLICITY REQUIREMENTS BY MEETING THE 4.03(2)(B) EXCEPTION WHICH STATES "IF A SCHOOL CUSTOMARILY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS NATIONWIDE OR WORLDWIDE FROM A LARGE GEOGRAPHIC SECTION OR SECTIONS OF THE UNITED STATES AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS, THE PUBLICITY REQUIREMENT MAY BE SATISFIED BY COMPLYING WITH SECTION 4.02, SUPRA. SUCH A SCHOOL MAY DEMONSTRATE THAT IT FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY WITHIN THE MEANING OF THE PRECEDING SENTENCE EITHER BY SHOWING THAT IT CURRENTLY ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS OR, WHEN MINORITY STUDENTS ARE NOT ENROLLED IN MEANINGFUL NUMBERS, THAT ITS PROMOTIONAL ACTIVITIES AND RECRUITING EFFORTS IN EACH GEOGRAPHIC AREA WERE REASONABLY DESIGNED TO INFORM STUDENTS OF ALL RACIAL SEGMENTS IN THE GENERAL COMMUNITIES WITHIN THE AREA OF THE AVAILABILITY OF THE SCHOOL. THE QUESTION WHETHER A SCHOOL SATISFIES THE PRECEDING SENTENCE WILL BE DETERMINED ON THE BASIS OF THE FACTS AND CIRCUMSTANCES OF EACH CASE." HAWAI`I PACIFIC UNIVERSITY CUSTOMARILY DRAWS STUDENTS FROM HAWAI`I, NATIONWIDE AND GLOBALLY AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS. THE UNIVERSITY CURRENTLY ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS. THE RACIAL MAKEUP OF ENROLLED STUDENTS ACCORDING TO IPEDS CATEGORIES IS AS FOLLOWS: AMERICAN INDIAN OR ALASKA NATIVE 1%, ASIAN/NATIVE HAWAIIAN/PACIFIC ISLANDER 18%, BLACK OR AFRICAN AMERICAN 6%, HISPANIC/LATINO 13%, WHITE 29%, NON-RESIDENT ALIEN 14%, AND TWO OR MORE RACES/OTHER/UNKNOWN 19%. THE UNIVERSITY COMPLIED WITH ALL ASPECTS OF REV. PROC. 75-50, SECTIONS 4.01 THROUGH 4.05. SPACE PERMITTING, PRINT ADVERTISING AND BROCHURES INCLUDE THE FOLLOWING STATEMENT: "HAWAI`I PACIFIC UNIVERSITY IS AN EQUAL OPPORTUNITY/AFFIRMATIVE ACTION INSTITUTION THAT PROHIBITS DISCRIMINATION AGAINST, AND HARASSMENT OF, ANY PERSON ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, SEXUAL ORIENTATION, AGE, ANCESTRY, MARITAL STATUS, DISABILITY, ARREST AND COURT RECORD, OR VETERAN STATUS. SEX DISCRIMINATION INCLUDES SEXUAL HARASSMENT AND SEXUAL ASSAULT. FOR MORE INFORMATION ON HOW TO REPORT DISCRIMINATION TO HPU, PLEASE GO TO WWW.HPU.EDU/STUDENTLIFE AND CLICK ON THE LINK TO THE STUDENT HANDBOOK." WHERE SPACE DOES NOT PERMIT THE LONG VERSION, A SHORTER VERSION IS USED: "HAWAI`I PACIFIC UNIVERSITY ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN, RELIGION, GENDER, AGE, ANCESTRY, MARITAL STATUS, SEXUAL ORIENTATION, VETERAN STATUS AND DISABILITY."

SCHEDULE E, PART I, LINE 6A

FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT AGENCY HAWAI`I PACIFIC UNIVERSITY PARTICIPATES IN UNITED STATES DEPARTMENT OF EDUCATION FINANCIAL AID PROGRAMS AND OTHER GOVERNMENT GRANT PROGRAMS FUNDING RESEARCH AND TEACHING.

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (9 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Region Total ExpendituresRegionTotalExpendituresAmt	EmployeeEmployeeCnt	Specific Services ProvidedSpecificServicesProvidedTxt
Central America and the Caribbean	Investments, program-relate	$28,204,910
East Asia and the Pacific	Program services	$99,600	2	Recruitment
East Asia and the Pacific	Program services	$40,969	20	Study Abroad
East Asia and the Pacific	Program services	$142,488	5	Conferences & Consulti
Europe (Including Iceland and Greenland)	Program services	$127,973	1	Recruitment
Europe (Including Iceland and Greenland)	Program services	$17,902	2	Faculty Online Course
South Asia	Program services	$72,288	1	Recruitment
South Asia	Program services	$29,548	5	Conferences & Consulti
East Asia and the Pacific	Program Services	$17,820	1	research Grant

Field	Value	IRS element (for citing)
Subtotal Employees	37	SubtotalEmployeesCnt
Total Employee	37	TotalEmployeeCnt
Subtotal Spent	$28,753,498	SubtotalSpentAmt
Total Spent	$28,753,498	TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

Field	Value	IRS element (for citing)
Region	East Asia and the Pacific	RegionTxt
Cash Grant	$17,820	CashGrantAmt
Manner Of Cash Disbursement	check	MannerOfCashDisbursementTxt

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt
Total Other Org	0	TotalOtherOrgCnt
Transfer To Foreign Corp	false	TransferToForeignCorpInd
Interest In Foreign Trust	false	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (true)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	false	PassiveForeignInvestmestCoInd
Foreign Partnership	false	ForeignPartnershipInd
Boycott Countries	false	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE F, PART I, LINE 2	SUBCONTRACTING POLICIES AND PROCEDURES ARE USED TO MONITOR THE USE OF GRANT FUNDS.
SCHEDULE F, PART I, LINE 3(F)	EXPLANATION OF EXPENDITURES RECRUITMENT EXPENSES INCLUDE TRAVEL FOR RECRUITERS, FEES FOR AGENTS AND FEES FOR PARTICIPATION IN COLLEGE RECRUITING FAIRS AND ADVERTISING. FACULTY ONLINE COURSE EXPENSES INCLUDE PAYMENTS TO FACULTY LIVING ABROAD WHO INSTRUCT ONLINE COURSES. STUDY ABROAD EXPENSES INCLUDE TRAVEL AND EDUCATIONAL EXPENSES FOR STUDY ABROAD TRIPS. CONFERENCES AND CONSULTING EXPENSES INCLUDE TRAVEL, RELATED LABOR, MEETINGS AND SITE VISITS.
SCHEDULE F, PART I, LINE 3(F)	METHOD USED TO ACCOUNT FOR EXPENDITURES THE ACCRUAL METHOD IS USED TO ACCOUNT FOR EXPENDITURES WHICH ARE CARRIED ON THE BOOKS AND RECORDS OF THE UNIVERSITY.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Name Of Event1	SHARX HOF	NameOfEvent1Amt
Gross Receipts Event1	$16,753	GrossReceiptsEvent1Amt
Gross Revenue Event1	$16,753	GrossRevenueEvent1Amt
Other Direct Expenses Event1	$20,898	OtherDirectExpensesEvent1Amt
Name Of Event2	APPAREL SALES	NameOfEvent2Amt
Gross Receipts Event2	$11,085	GrossReceiptsEvent2Amt
Gross Revenue Event2	$11,085	GrossRevenueEvent2Amt
Other Direct Expenses Event2	$6,748	OtherDirectExpensesEvent2Amt
Other Events Total	1	OtherEventsTotalCnt
Gross Receipts Other Events	$10,563	GrossReceiptsOtherEventsAmt
Gross Revenue Other Events	$10,563	GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events	$5,092	OthDirectExpnssOtherEventsAmt
Gross Receipts Total	$38,401	GrossReceiptsTotalAmt
Gross Revenue Total Events	$38,401	GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events	$32,738	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$32,738	DirectExpenseSummaryEventsAmt
Net Income Summary	$5,663	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (3 entries)

Address Line1ForeignAddress/AddressLine1	CityForeignAddress/City	CountryForeignAddress/Country	Postal CodeForeignAddress/PostalCode	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode
UNIVERSITY OF GUAM LAND GRANT
UOG STA	MANGILAO	GQ	96923	980032933	GOVT.	$10,880
UNIVERSITY OF HAWAII
				996000354	GOVT.	$104,770	OFFICE OF RESEARCH SVCS 2530 DOLE	HONOLULU	HI	968222303
UNIVERSITY OF HAWAII HILO
				996000354	GOVT.	$21,119	1079 KALANIANAOLE AVE	HILO	HI	96720

Field	Value	IRS element (for citing)
Total501c3 Org	3	Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	VARIOUS STUDENTS - FINANCIAL AID & SCHOLARSHIPS	GrantTypeTxt
Recipient	3188	RecipientCnt
Cash Grant	$23,170,976	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE I, PART I, LINE 2	FormAndLineReferenceDesc
Explanation	PROCEDURES FOR MONITORING USE OF GRANTS HAWAI`I PACIFIC UNIVERSITY'S OFFICES OF FINANCIAL AID AND SCHOLARSHIPS OVERSEE FEDERAL AND UNIVERSITY GRANT, SCHOLARSHIP, LOAN AND WORK-STUDY PROGRAMS. FEDERAL PROGRAMS ARE ADMINISTERED ACCORDING TO THE LAWS, RULES AND REGULATIONS ISSUED BY THE U.S. DEPARTMENT OF EDUCATION, THE U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES, OR OTHER GRANTING AGENCY. UNIVERSITY SCHOLARSHIPS AND GRANTS ARE ADMINISTERED ACCORDING TO THE POLICIES AND PROCEDURES IMPLEMENTED BY THE FINANCIAL AID OFFICE TO SUPPORT THE UNIVERSITY'S ENROLLMENT PLAN. THE OFFICES AWARD AID BASED ON THE FEDERAL FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) AND SUPPORTING DOCUMENTATION TO VERIFY A STUDENT'S ELIGIBILITY FOR NEED BASED PROGRAMS AND SCHOLARSHIPS WHERE NEED IS A CRITERIA. IN ADDITION, STUDENTS ARE REVIEWED BASED ON ACADEMIC AND TALENT QUALIFICATIONS FOR MERIT BASED SCHOLARSHIPS AND GRANTS IN AREAS SUCH AS DANCE, ATHLETICS, MUSIC, DEBATE AND OTHER AREAS. PRESIDENT'S SCHOLARS SCHOLARSHIPS ARE AWARDED BASED ON MERIT, GRADE POINT AVERAGE AND RECOMMENDATIONS. FINANCIAL AID AND THE SCHOLARSHIPS OFFICES MONITOR THE CONTINUED ELIGIBILITY OF STUDENTS FOR AWARDS. OCEANIC INSTITUTE FOLLOWS ITS SUBCONTRACTING POLICIES AND PROCEDURES TO MONITOR THE USE OF GRANT FUNDS. PROGRAM MANAGER, GRANT SPECIALIST AND CONTROLLER REVIEW ALL SUBCONTRACTOR INVOICES AND SUPPORTING RECEIPTS. GRANT SPECIALIST COMPARES ACTUAL EXPENSES WITH BUDGETED EXPENSES AND REVIEWS SUPPORTING DOCUMENTS TO DETERMINE IF COSTS CLAIMED ARE ALLOWED, REASONABLE AND CONSISTENT WITH TECHNICAL PROGRESS.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Written Policy Ref T And E Expnss	false	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (true)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	Yes (true)	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	false	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	false	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	false	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	false	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	false	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt
DR GEOFFREY BANNISTER
TRUSTEE, PRESIDENT	$404,500	$0	$0	$0	$96,034	$0	$27,203	$0	$20,486	$0	$548,223	$0	$0
MATTHEW LIAO-TROTH
PROVOST & VP ACADEMIC AFFAIRS	$134,403	$0	$0	$0	$8,741	$0	$14,226	$0	$16,491	$0	$173,861	$0	$0	$0
CECILIA MINALGA
INTERIM CFO	$290,307	$0	$0	$0	$0	$0	$0	$0	$0	$0	$290,307	$0	$0	$0
JANET S KLOENHAMER
SEC, EVP & GEN'L COUNSEL	$261,406	$0	$0	$0	$8,935	$0	$30,686	$0	$19,839	$0	$320,866	$0	$0	$0
DEBORAH F CROWN
DEAN, BUSINESS ADMINISTRATION	$249,739	$0	$0	$0	$3,540	$0	$29,116	$0	$13,456	$0	$295,851	$0	$0	$0
SCOTT HAYASHI
MGR, CAPITAL PROJECTS	$210,000	$0	$0	$0	$6,535	$0	$1,980	$0	$578	$0	$219,093	$0	$0	$0
MARY ELLEN MCGILLAN
VP, ALUMNI UNIV. RELATIONS	$226,328	$0	$0	$0	$52,082	$0	$25,480	$0	$23,695	$0	$327,585	$0	$0	$0
TODD H SIMMONS
VP, MARKETING-COMMUNICATIONS	$222,562	$0	$0	$0	$8,005	$0	$17,814	$0	$16,585	$0	$264,966	$0	$0	$0
DR ANDREW BRITTAIN
ASSOCIATE PROFESSOR	$222,644	$0	$0	$0	$7,680	$0	$26,511	$0	$26,441	$0	$283,276	$0	$0	$0
SHARON BLANTON
VP & CIO	$212,901	$0	$0	$0	$14,044	$0	$23,957	$0	$15,569	$0	$266,471	$0	$0	$0
DEBORAH NAKASHIMA
AVP, STUDENT AFFAIRS	$90,280	$0	$0	$0	$123,502	$0	$10,512	$0	$4,796	$0	$229,090	$0	$0	$0
WILLIAM KLINE
FORMER VP & CFO	$123,525	$0	$0	$0	$2,890	$0	$17,223	$0	$11,286	$0	$154,924	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE J, PART I, LINE 1A & 1B	COMPENSATION PROVIDED BY ORGANIZATION LISTED IN FORM 990, PART VII, SECTION D THE FOLLOWING EXECUTIVES RECEIVED FULLY TAXABLE HOUSING ALLOWANCE: GEOFFREY BANNISTER, PRESIDENT $ 66,698 MATTHEW LIAO-TROTH, PROVOST & VP ACADEMIC AFFAIRS $ 4,000 SHARON BLANTON, VP & CIO $ 4,000 SOCIAL CLUB DUES WERE PAID FOR THE FOLLOWING EXECUTIVES: GEOFFREY BANNISTER, PRESIDENT $ 9,205 JANET KLOENHAMER, EXEC VP ADMIN & GEN'L COUNSEL $ 3,872 100% OF SOCIAL CLUB USE IS TREATED AS BUSINESS USE.
SCHEDULE J, PART I, LINE 1B	HEALTH/SOCIAL CLUB DUES THERE WAS NO WRITTEN POLICY REGARDING PAYMENT OF SOCIAL CLUB MEMBERSHIP DUES.
SCHEDULE J, PART I, LINE 3	METHODS USED TO ESTABLISH PRESIDENT'S COMPENSATION ALL EXECUTIVE OFFICER COMPENSATION, INCLUDING THE PRESIDENT'S COMPENSATION, IS APPROVED ANNUALLY BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES BASED ON COMPARABLE COMPENSATION FROM SIMILAR INSTITUTIONS, AND REASONABLENESS OF EXECUTIVE COMPENSATION IS ASSESSED BY AN INDEPENDENT EXECUTIVE COMPENSATION CONSULTANT. APPROVAL IS DOCUMENTED IN THE MINUTES OF THE COMPENSATION COMMITTEE.
SCHEDULE J, PART I, LINE 4A	SEVERANCE PAYMENT OR CHANGE OF CONTROL PAYMENT MARY ELLEN MCGILLAN, VP, ALUMNI & UNIVERSITY RELATIONS, RECEIVED SEVERANCE PAYMENTS IN THE AMOUNT OF $44,200. DEBORAH NAKASHIMA, AVP STUDENT AFFAIRS, RECEIVED SEVERANCE PAYMENTS IN THE AMOUNT OF $122,461.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	STATE OF HAWAII DEPARTMENT OF BUDGET AND FINANCE	BusinessNameLine1

Field	Value	IRS element (for citing)
Bond Issuer EIN	990266961	BondIssuerEIN
CUSIP	419800JA6	CUSIPNum
Bond Issued	2013-07-30	BondIssuedDt
Issue Price	$42,317,997	IssuePriceAmt
Purpose	SEE PART VI	PurposeDesc
Defeased	false	DefeasedInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Pool Financing	false	PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Retired	$0	RetiredAmt
Bond Defeased	$0	BondDefeasedAmt
Total Proceeds	$42,425,837	TotalProceedsAmt
In Reserve Fund	$3,553,961	InReserveFundAmt
Capitalized Interest	$1,167,104	CapitalizedInterestAmt
Refunding Escrow	$0	RefundingEscrowAmt
Issuance Costs From Proceeds	$0	IssuanceCostsFromProceedsAmt
Credit Enhancement	$0	CreditEnhancementAmt
Working Capital Expenditures	$0	WorkingCapitalExpendituresAmt
Capital Expenditures	$12,793,420	CapitalExpendituresAmt
Other Spent Proceeds	$0	OtherSpentProceedsAmt
Unspent	$24,911,351	UnspentAmt
Current Refunding	false	CurrentRefundingInd
Advance Refunding	false	AdvanceRefundingInd
Final Allocation Made	false	FinalAllocationMadeInd
Adequate Books And Rec Maint	Yes (true)	AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Owning Bond Financed Property	Yes (true)	OwningBondFinancedPropertyInd
Any Lease Arrangements	Yes (true)	AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop	Yes (true)	MgmtContractBondFincdPropInd
Engage Bond Counsel Contracts	Yes (true)	EngageBondCounselContractsInd
Any Research Agreements	false	AnyResearchAgreementsInd
Private Bus Use By Others	0.00000	PrivateBusUseByOthersPct
Private Bus Concerning UBI	0.00000	PrivateBusConcerningUBIPct
Total Private Business Use	0.00000	TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt Test	false	BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop	false	ChangeInUseBondFinancedPropInd
Remedial Action Taken	false	RemedialActionTakenInd
Procs Nonqualified Bond Remdtd	Yes (true)	ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Form8038 T Filed	false	Form8038TFiledInd
Rebate Not Due Yet	Yes (true)	RebateNotDueYetInd
Exception To Rebate	false	ExceptionToRebateInd
No Rebate Due	false	NoRebateDueInd
Variable Rate Issue	false	VariableRateIssueInd
Hedge Identified In Bks And Rec	false	HedgeIdentifiedInBksAndRecInd

Hedge Provider Name HedgeProviderName

Field	Value	IRS element (for citing)
Business Name Line1	0	BusinessNameLine1

Field	Value	IRS element (for citing)
Gross Proceeds Invested In GIC	Yes (true)	GrossProceedsInvestedInGICInd

GIC Provider Name GICProviderName

Field	Value	IRS element (for citing)
Business Name Line1	BAYERISCHE LANDESBAN	BusinessNameLine1

Field	Value	IRS element (for citing)
Term Of GIC	9.8	TermOfGICPct
Regulatory Safe Harbor Stsfd	Yes (true)	RegulatorySafeHarborStsfdInd
Gross Proceeds Invested	false	GrossProceedsInvestedInd
Written Proc To Monitor Reqs	Yes (true)	WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Procedures Corrective Action	Yes (true)	ProceduresCorrectiveActionInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE K, PART I, LINE A, COLUMN (F)	FormAndLineReferenceDesc
Explanation	ACQUISITION, CONSTRUCTION AND RENOVATION OF CERTAIN EDUCATIONAL AND RELATED FACILITIES OF THE INSTITUTION.	ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (4 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
BANK OF HAWAII
SEE PART V	$224,523	BANKING SERVICES	false
FIRST HAWAIIAN BANK
SEE PART V	$145,275	BANKING SERVICES (AGGREGATE)	false
FARMERS INSURANCE HAWAII INC
SEE PART V	$302,642	INSURANCE (AGGREGATE)	false
UIO IN SARA LIAO-TROTH
SEE PART V	$44,718	EMPLOYEE COMPENSATION	false

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE L, PART IV, COLUMN (D)	FormAndLineReferenceDesc
Explanation	BUSINESS TRANSACTIONS WITH RELATED PERSONS BANK OF HAWAII PROVIDES BANKING SERVICES TO HAWAI`I PACIFIC UNIVERSITY. TRUSTEE JAMES POLK IS AN OFFICER. TRUSTEES MICHAEL CHUN AND RAYMOND VARA SERVE ON THE BOARD OF DIRECTORS. FIRST HAWAIIAN BANK PROVIDES BANKING SERVES TO HAWAI`I PACIFIC UNIVERSITY. A FAMILY MEMBER OF TRUSTEE CHRISTINA DOANE SERVES ON THE BOARD OF DIRECTORS. FARMERS INSURANCE HAWAII, INC PROVIDES WORKER'S COMPENSATION INSURANCE TO HAWAI'I PACIFIC UNIVERSITY. TRUSTEE MICHELE SAITO WAS AN OFFICER. UIO IN SARA LIAO-TROTH IS A FAMILY MEMBER OF OFFICER MATTHEW LIAO-TROTH, PROVOST & VP ACADEMIC AFFAIRS. UIO IN SARA LIAO-TROTH RECEIVES COMPENSATION AS AN EMPLOYEE OF HAWAI'I PACIFIC UNIVERSITY.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART III, LINE 1	DESCRIPTION OF ORGANIZATION'S MISSION HAWAI`I PACIFIC UNIVERSITY IS AN INTERNATIONAL LEARNING COMMUNITY SET IN THE RICH CULTURAL CONTEXT OF HAWAI`I. STUDENTS FROM AROUND THE WORLD JOIN US FOR AN AMERICAN EDUCATION BUILT ON A LIBERAL ARTS FOUNDATION. OUR INNOVATIVE UNDERGRADUATE AND GRADUATE PROGRAMS ANTICIPATE THE CHANGING NEEDS OF THE COMMUNITY AND PREPARE OUR GRADUATES TO LIVE, WORK, AND LEARN AS ACTIVE MEMBERS OF A GLOBAL SOCIETY. THE UNIVERSITY IS A CO-EDUCATIONAL AND INDEPENDENT UNIVERSITY COMPRISED OF THREE CAMPUSES ON THE ISLAND OF OAHU; THE DOWNTOWN HONOLULU CAMPUS, THE WINDWARD HAWAI`I LOA CAMPUS AND THE OCEANIC INSTITUTE. GRADUATE AND UNDERGRADUATE PROGRAMS ARE OFFERED AT THE WINDWARD HAWAI`I LOA CAMPUS AND AT THE HONOLULU DOWNTOWN CAMPUS. IN ADDITION TO THE THREE MAIN CAMPUSES, THE UNIVERSITY DELIVERS SELECT DEGREE PROGRAMS AT MILITARY INSTALLATIONS AROUND OAHU.
FORM 990, PART III, LINE 2	DESCRIPTION OF NEW SERVICES ON JANUARY 1, 2014, FOLLOWING APPROVAL FROM THE GOVERNING BOARDS OF THE UNIVERSITY AND OCEANIC INSTITUTE, THE INSTITUTE WAS MERGED WITH THE UNIVERSITY. PRIOR TO THE MERGER, THE UNIVERSITY HELD A CONTROLLING INTEREST IN THE INSTITUTE THROUGH CONTROL VIA MAJORITY REPRESENTATION OF THE INSTITUTE'S BOARD OF TRUSTEES AND SIGNIFICANT FINANCIAL INFLUENCE. OCEANIC INSTITUTE'S MOST SIGNIFICANT ACTIVITIES ARE THE ADVANCEMENT AND EXTENSION OF RESEARCH IN ALL FIELDS AND AREAS OF MARINE SCIENCES.
FORM 990, PART VI, LINE 1A	DELEGATED AUTHORITY TO EXECUTIVE COMMITTEE DURING INTERVALS BETWEEN MEETINGS OF THE BOARD, AND SUBJECT TO SUCH LIMITATIONS AS MAY BE REQUIRED BY LAW OR SPECIFICALLY IMPOSED BY ACTIONS OF THE BOARD, THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL OF THE POWERS OF THE CORPORATION AND DELEGATE TO OTHER COMMITTEES SUCH OF ITS POWERS AND DUTIES AS IT DEEMS APPROPRIATE. THE OFFICERS OF THE BOARD, WHO ARE ALSO TRUSTEES, AND THE CHAIRS OF THE STANDING COMMITTEES, CONSTITUTE THE EXECUTIVE COMMITTEE. THE CHAIR OF THE BOARD SERVES AS THE CHAIR OF THE EXECUTIVE COMMITTEE. THE SECRETARY OF THE BOARD SERVES AS THE SECRETARY OF THE EXECUTIVE COMMITTEE. DURING THE TAX YEAR, THE EXECUTIVE COMMITTEE DID EXERCISE ITS AUTHORITY TO ACT ON BEHALF OF THE BOARD ON TWO OCCASIONS. THE EXECUTIVE COMMITTEE, WITH THE APPROPRIATE AUTHORITY, APPROVED A RESOLUTION TO ALLOW ADDITIONAL EXPENDITURES FROM THE QUASI-ENDOWMENT FUND AND APPROVED A RESOLUTION FOR ISSUANCE OF A SPECIAL PURPOSE REVENUE BOND.
FORM 990, PART VI, LINE 2	RELATIONSHIPS BETWEEN OFFICERS, DIRECTORS, TRUSTEES OR KEY EMPLOYEES TRUSTEES JAMES POLK, MICHAEL CHUN, AND RAYMOND VARA HAVE A BUSINESS RELATIONSHIP.
FORM 990, PART VI, LINE 4	SIGNIFICANT CHANGES IN GOVERNING DOCUMENTS THE BYLAWS WERE MODIFIED TO: 1- CLARIFY UNIVERSITY OFFICERS SUBJECT TO APPOINTMENT BY THE BOARD 2- ADD THE POSITION OF EXECUTIVE VICE PRESIDENT FOR ADMINISTRATION TO UNIVERSITY OFFICERS 3- CHANGE QUORUM REQUIREMENTS FOR BOARD COMMITTEES EXCEPT FOR THE EXECUTIVE COMMITTEE
FORM 990, PART VI, LINE 11B	PROCESS USED BY MANAGEMENT &/OR GOVERNING BODY TO REVIEW 990 FORM 990 AND SUPPORTING WORK-PAPERS ARE PREPARED AND REVIEWED INTERNALLY THEN SENT TO AN EXTERNAL TAX ACCOUNTING FIRM FOR REVIEW AND PREPARATION OF THE FORM 990 RETURNS. AFTER ANY PROPOSED ADJUSTMENTS, THE FORMS ARE REVIEWED BY STAFF AND MANAGEMENT, INCLUDING AN OFFICER OF THE ORGANIZATION. THE FINAL FORM 990 IS THEN REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD. THE AUDIT COMMITTEE APPROVES THE FORM 990 PRIOR TO FILING, WHICH APPROVAL WILL BE DOCUMENTED IN THE COMMITTEE MINUTES. THE FORM 990 WILL BE MADE AVAILABLE TO ALL TRUSTEES PRIOR TO FILING.
FORM 990 PART VI, LINE 12C	DESCRIPTION OF PROCESS TO MONITOR TRANSACTIONS FOR CONFLICT OF INTEREST CONFLICT OF INTEREST POLICY IS SET FORTH IN THE BYLAWS AS FOLLOWS: EACH TRUSTEE IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY DISCLOSING ACTUAL OR POTENTIAL CONFLICTS OF INTEREST FOR REVIEW BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. TRUSTEES WITH ANY ACTUAL OR POTENTIAL CONFLICTS MAY NOT VOTE ON MATTERS WITH WHICH THEY MAY HAVE A CONFLICT. OFFICERS AND EMPLOYEES ARE REQUIRED TO DISCLOSE ANNUALLY AND WHENEVER APPROPRIATE, ACTUAL AND POTENTIAL CONFLICTS OF INTEREST. ALL CONFLICTS ARE RESOLVED IN ACCORDANCE WITH HAWAI`I PACIFIC UNIVERSITY'S WRITTEN CONFLICT OF INTEREST POLICIES.
FORM 990, PART VI, LINES 15A & 15B	OFFICES AND POSITIONS FOR WHICH PROCESS WAS USED AND YEAR PROCESS BEGAN LINE 15A THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES EVALUATED THE PRESIDENT'S COMPENSATION ON A SURVEY OF COMPARABLE INSTITUTIONS OBTAINED FROM AN INDEPENDENT EXECUTIVE COMPENSATION CONSULTING FIRM SPECIALIZING IN HIGHER EDUCATION. THE COMPENSATION COMMITTEE REVIEWED THE ANALYSIS IN RELATION TO ITS COMPENSATION PHILOSOPHY, BOARD EXPECTATIONS AND ANY ADJUSTMENTS RECOMMENDED. APPROVAL WAS DOCUMENTED IN THE MINUTES OF THE COMPENSATION COMMITTEE. LINE 15B THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES EVALUATED AND APPROVED THE EXECUTIVE COMPENSATION OF THE PRESIDENT AND OTHER OFFICERS BASED ON COMPARABILITY DATA OBTAINED FROM AN INDEPENDENT EXECUTIVE COMPENSATION CONSULTING FIRM SPECIALIZING IN HIGHER EDUCATION. THE PRESIDENT REVIEWED THE COMPENSATION OF OTHER OFFICERS BASED ON THE COMPENSATION SURVEY AND MADE RECOMMENDATIONS TO THE COMPENSATION COMMITTEE FOR APPROVAL. DECISIONS WERE DOCUMENTED IN THE MINUTES OF THE COMPENSATION COMMITTEE.
FROM 990, PART VI, LINE 19	AVAIL OF GOV DOCS, CONFLICT OF INTEREST POLICY, & FIN STMTS TO GEN PUBLIC HAWAI`I PACIFIC UNIVERSITY MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. THE UNIVERSITY'S FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC.
FORM 990, PART VII, SECTION A	NON-VOTING MEMBERS OF THE BOARD OF TRUSTEES THE FOLLOWING INDIVIDUALS SERVED AS NON-VOTING MEMBERS OF THE BOARD OF TRUSTEES AND WERE NOT COMPENSATED FOR THEIR SERVICES: NAME TITLE AVG/HRS/WEEK MARTIN ANDERSON TRUSTEE EMERITUS 5 SAMUEL A. COOK TRUSTEE EMERITUS 5 MICHAEL D. HONG TRUSTEE EMERITUS 5 JOHN A. LOCKWOOD TRUSTEE EMERITUS 5 HENRY F. RICE TRUSTEE EMERITUS 5
FORM 990, PART XI, LINE 9	OTHER CHANGES IN NET ASSETS TRANSFER OF OCEANIC INSTITUTE'S NET ASSETS DUE TO MERGER. 19,381,219 OCEANIC INSTITUTE NET INCOME (176,008) ROUNDING 2 ----------- TOTAL 19,205,213
FORM 990, PART XII, LINE 2C	CONSOLIDATED AUDITED FINANCIAL STATEMENTS HAWAI`I PACIFIC UNIVERSITY HAS CONSOLIDATED AUDITED FINANCIAL STATEMENTS WITH OCEANIC INSTITUTE, HAWAII DOWNTOWN HOLDINGS, LLC AND HAWAII LIFESTYLE RETAIL PROPERTIES, LLC. THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR THE AUDIT AND THE REVIEW AND SELECTION OF THE INDEPENDENT AUDITOR.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	HAWAII LIFESTYLE RETAIL PROPERTIES LLC	BusinessNameLine1

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1 ALOHA TOWER DRIVE STE 3000	AddressLine1
City	HONOLULU	City
State	HI	State
ZIP Code	96814	ZIPCode

Field	Value	IRS element (for citing)
EIN	320361534	EIN
Primary Activities	REAL ESTATE	PrimaryActivitiesTxt
Legal Domicile State	HI	LegalDomicileStateCd
Total Income	-$1,587,485	TotalIncomeAmt
End Of Year Assets	$25,184,696	EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	HPU	BusinessNameLine1

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1	Entity TypeEntityTypeTxt	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	OwnershipOwnershipPct	Controlled OrganizationControlledOrganizationInd
HAWAII DOWNTOWN HOLDINGS LLC
1164 BISHOP ST SUITE 800	HONOLULU	HI	96813	463153445	HOLDING COMPANY	HI	HPU	C Corp	$0	$0	1.00000	Yes (true)
OI CONSULTANTS INC
41-202 KALANIANAOLE HWY	WAIMANALO	HI	96795	990200034	CONSULTING	HI	HPU	C Corp	$0	$1,002	1.00000	Yes (true)

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	false	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	false	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	false	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	false	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	false	DivRelatedOrganizationInd
Asset Sale To Other Org	false	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	false	AssetPurchaseFromOtherOrgInd
Asset Exchange	false	AssetExchangeInd
Rental Of Facilities To Oth Org	false	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	false	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	false	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	false	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	false	SharingOfFacilitiesInd
Paid Employees Sharing	false	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	false	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	false	TransferToOtherOrgInd
Transfer From Other Org	false	TransferFromOtherOrgInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	RELATED ENTITIES	FormAndLineReferenceDesc
Explanation	"HPU" = HAWAI`I PACIFIC UNIVERSITY "HDH" = HAWAII DOWNTOWN HOLDINGS, LLC "HLRP" = HAWAII LIFESTYLE RETAIL PROPERTIES, LLC "LRP" = LIFESTYLE RETAIL PROPERTIES, LLC "ATM" = ALOHA TOWER MARKETPLACE IN DECEMBER 2011, HPU FORMED HDH, A WHOLLY OWNED, FOR PROFIT HOLDING COMPANY, WHOSE SOLE PURPOSE WAS TO PURCHASE AN 80% INTEREST IN HLRP. HLRP ENGAGES SOLELY IN THE BUSINESS OF LEASING CERTAIN COMMERCIAL SPACE IN ATM. HPU IS DEVELOPING THE PROPERTY INTO A MIXED USE RESIDENTIAL/COMMERCIAL PROPERTY TO ACCOMMODATE STUDENT HOUSING, INSTRUCTIONAL FACILITIES AND ACADEMIC SUPPORT. IN JANUARY 2013, HDH ACQUIRED THE REMAINING 20% INTEREST OF HLRP FROM LRP AND SUBSEQUENTLY ASSIGNED ALL INTEREST OF HLRP DIRECTLY TO HPU. EFFECTIVE MARCH 2013, HDH ELECTED TO BE TAXED AS A CORPORATION.	ExplanationTxt