2015-05-13T10:13:18-05:00 2014-06-30 271728945 O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2013-07-01 210650678 RIDER UNIVERSITY RIDE 6098965000 2083 LAWRENCEVILLE ROAD LAWRENCEVILLE NJ 086483099 JULIE A KARNS TREASURER AND VP FINANCE 6098965000 2015-05-13 1 GARRETT M HIGGINS P00543209 2122862600 2015-05-13 2013 2016-03-07 17:11:31Z DR MORDECHAI ROZANSKI 2083 LAWRENCEVILLE ROAD LAWRENCEVILLE NJ 086483099 286475401 0 X WWW.RIDER.EDU X 1865 NJ RIDER UNIVERSITY IS A PRIVATE, NOT-FOR-PROFIT INSTITUTION FOUNDED IN 1865. 29 28 3435 594 1219301 -751453 8163760 17115621 197188639 199377399 683932 2839335 1798880 1955630 207835211 221287985 53169157 57380943 0 0 99283200 100160699 74789 98421 1799331 53800644 56334965 206327790 213975028 1507421 7312957 235326847 247426419 103597136 104357464 131729711 143068955 X SEE SCHEDULE O. 0 0 121411665 56772305 94902455 INSTRUCTION: RIDER UNIVERSITY IS AN INDEPENDENT, COMPREHENSIVE, TEACHING ORIENTED INSTITUTION OF HIGHER LEARNING. THE UNIVERSITY OFFERS FINANCIAL SUPPORT TO STUDENTS THROUGH ACADEMIC AND ATHLETIC SCHOLARSHIPS, GRANTS, AND STUDENT WORKSTUDY PROGRAMS. RIDER UNIVERSITY IS CURRENTLY ORGANIZED INTO FOUR COLLEGES - THE COLLEGE OF LIBERAL ARTS, EDUCATION, AND SCIENCES; THE COLLEGE OF BUSINESS ADMINISTRATION; THE COLLEGE OF CONTINUING STUDIES; AND THE WESTMINSTER COLLEGE OF THE ARTS. THE PRIVATE UNIVERSITY CURRENTLY SERVES APPROXIMATELY 4,500 UNDERGRADUATES STUDENTS AND 1,000 GRADUATE STUDENTS IN 65 UNDERGRADUATE AND 26 GRADUATE PROGRAMS. FULL-TIME FACULTY NUMBER 248, WITH 97% HOLDING A DOCTORATE OR THE HIGHEST DEGREE IN THEIR FIELD. CONTINUED ON SCHEDULE ORIDER IS ACCREDITED BY THE MIDDLE STATES ASSOCIATION OF COLLEGES AND SCHOOLS AND ALSO HOLDS SPECIALIZED ACCREDITATION WITH THESE PRESTIGIOUS EDUCATIONAL ORGANIZATIONS:- AACSB INTERNATIONAL (THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS) - RIDER IS AMONG THE SELECT BUSINESS SCHOOLS TO HAVE ATTAINED THIS DISTINCTION AND THE ONLY SCHOOL IN NEW JERSEY TO HOLD THE SPECIALIZED AACSB ACCREDITATION IN ACCOUNTING.- NCATE - ELEMENTARY AND SECONDARY EDUCATION PROGRAMS AND THEIR APPLICABLE GRADUATE PROGRAMS ON BOTH CAMPUSES ARE ACCREDITED BY THE NATIONAL COUNCIL FOR THE ACCREDITATION OF TEACHER EDUCATION. - NASM - THE UNDERGRADUATE AND GRADUATE MUSIC PROGRAMS OF WESTMINSTER CHOIR COLLEGE ARE ACCREDITED BY THE NATIONAL ASSOCIATION OF SCHOOLS OF MUSIC. - CACREP - RIDER'S GRADUATE PROGRAM IN COUNSELING SERVICES IN THE SCHOOL OF EDUCATION HOLDS NATIONAL ACCREDITATION FROM THE COUNCIL FOR ACCREDITATION OF COUNSELING AND RELATED EDUCATION PROGRAMS. - NASP - THE SCHOOL PSYCHOLOGY PROGRAM IN THE SCHOOL OF EDUCATION IS ACCREDITED BY THE NATIONAL ACCREDITATION OF SCHOOL PSYCHOLOGISTS.- AMERICAN CHEMICAL SOCIETY - RIDER'S CHEMISTRY PROGRAM IS ACCREDITED BY THE AMERICAN CHEMICAL SOCIETY. 26934764 558028 39548074 AUXILIARY ENTERPRISES: PRIMARY ROOM AND BOARD. RIDER UNIVERSITY HAS A LAWRENCEVILLE CAMPUS AND A PRINCETON CAMPUS. THE LAWRENCEVILLE CAMPUS HOUSES APPROXIMATELY 2,300 STUDENTS IN THIRTEEN RESIDENCE HALLS AND SIX GREEK HOUSES. THE LAWRENCEVILLE CAMPUS OFFERS FACILITIES FOR DINING AND SNACKING FOR STUDENTS, FACULTY, STAFF AND GUESTS AT DALY'S DINING HALL, CRANBERRY'S, STARBUCKS, ANDREW J'S AND SWEIGART EXPRESS.THE PRINCETON CAMPUS HOUSES APPROXIMATELY 200 STUDENTS IN THREE RESIDENCE HALLS. THE PRINCETON CAMPUS OFFERS THE DINING COMMONS AND THE WCC PUB FOR MEALS AND SNACKS FOR STUDENTS, FACULTY, STAFF AND GUESTS. 25856680 37963211 STUDENT SERVICES: RIDER UNIVERSITY PROVIDES THESE SERVICES TO THE ENTIRE STUDENT COMMUNITY IN AN EFFORT TO DEVELOP THE INTELLECTUAL AND SOCIAL TALENTS OF ITS STUDENTS. THESE SERVICES INCLUDE: ADMISSIONS, ATHLETICS, GREEK LIFE, CAREER SERVICES, COUNSELING CENTER, HEALTH SERVICES, FINANCIAL AID, AND RECREATION PROGRAMS. 18365843 50610 26963659 ACADEMIC SUPPORT (EXPENSES $16,534,492 INCLUDING GRANTS $0) (REVENUE $24,276,788) - GENERAL SUPPORT TO THE STUDENTS. THESE INCLUDE ACADEMIC INFORMATION TECHNOLOGY, DEAN'S OFFICES, LIBRARIES, THEATER, ART GALLERY, TV STUDIO, AND OTHER SIMILAR ACADEMIC ACTIVITIES.RESEARCH (EXPENSES $1,831,351 INCLUDING GRANTS $50,610) (REVENUE $2,686,871) - RESEARCH PERFORMED BY FACULTY AND STUDENTS. 18365843 50610 26963659 192568952 1 1 0 1 0 0 0 0 1 1 1 1 0 0 1 1 1 0 1 0 1 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 375 0 3435 1 1 1 0 0 0 0 1 1 0 0 0 0 X 29 28 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AZ CO KY MD MA MI NH NY OH OK OR SC WA X X JENNIFER POTTER 6098965009 2083 LAWRENCEVILLE RD LAWRENCEVILLE NJ 086483099 RALPH J ANDERSON TRUSTEE 1.00 X 0 0 0 ALBERTO BAPTISTE TRUSTEE 1.00 X 0 0 0 NANCY H BECKER TRUSTEE 1.00 X 0 0 0 F CHRISTOPHER CAROTHERS TRUSTEE 1.00 X 0 0 0 ROBERT CHRISTIE TRUSTEE 1.00 X 0 0 0 GREGORY A CHURCH TRUSTEE 1.00 X 0 0 0 MARK C DEMAREO TRUSTEE 1.00 X 0 0 0 E BRUCE DIDONATO TRUSTEE 1.00 X 0 0 0 JAIMIE FLACK TRUSTEE 1.00 X 0 0 0 MOLLY O'NEIL FRANK TRUSTEE 1.00 X 0 0 0 HARRY GAMBLE TRUSTEE THROUGH DECEMBER 2013 1.00 X 0 0 0 ERNESTINE LAZENBY GAST TRUSTEE 1.00 X 0 0 0 MICHAEL J HENNESSY TRUSTEE 1.00 X 0 0 0 MICHAEL B KENNEDY VICE CHAIR/ADJUNCT LECTURE 10.00 X X 10510 0 140 THOMAS J LYNCH TRUSTEE 1.00 X 0 0 0 THOMAS MARINO TRUSTEE 1.00 X 0 0 0 TERRY K MCEWEN TRUSTEE 1.00 X 0 0 0 DONALD MONKS TRUSTEE 1.00 X 0 0 0 ELI MORDECHAI TRUSTEE 1.00 X 0 0 0 THOMAS M MULHARE TRUSTEE 1.00 X 0 0 0 CHRISTOPHER NIKOLICH TRUSTEE 1.00 X 0 0 0 LEWIS PEPPERMAN TRUSTEE 1.00 X 0 0 0 GARY PRUDEN TRUSTEE 1.00 X 0 0 0 CARL REICHEL TRUSTEE 1.00 X 0 0 0 WILLIAM M RUE TRUSTEE 1.00 X 0 0 0 MIKA RYAN SECRETARY 1.00 X X 0 0 0 COLLEEN SHAPIRO TRUSTEE 1.00 X 0 0 0 GARY SHAPIRO CHAIR 1.00 X X 0 0 0 HOWARD B STOECKEL TRUSTEE 1.00 X 0 0 0 ALAN WEXLER TRUSTEE 1.00 X 0 0 0 MORDECHAI ROZANSKI PRESIDENT 50.00 X 635664 0 171183 JULIE A KARNS VP FINANCE & TREASURER 50.00 X 279165 0 51788 JONATHAN MEER VP UNIVERSITY ADVANCEMENT 50.00 X 270166 0 50619 DONNAJEAN A FREDEEN PROVOST/VP ACADEMIC AFFAIR 50.00 X 112037 0 41632 JAMES P O'HARA VP ENROLLMENT MANAGEMENT 50.00 X 223277 0 28018 STEVEN J LORENZET DEAN COLLEGE OF BUSINESS A 37.50 X 211114 0 38430 ROBERT L ANNIS DEAN & DIRECTOR OF WCA 37.50 X 186928 0 79672 PATRICIA MOSTO DEAN COLLEGE LIBERAL ARTS 37.50 X 176056 0 23722 ANTHONY CAMPBELL AVP STUDENT AFFAIRS/DEAN 37.50 X 163651 0 44243 JENNIFER M POTTER AVP FINANCE & CONTROLLER 37.50 X 162128 0 34344 SHARON J SHERMAN DEAN, SCHOOL OF EDUCATION 37.50 X 159475 0 28422 MICHAEL F RECA AVP FACILITIES/AUXILIARY SERVICES 37.50 X 155045 0 54826 LARRY M NEWMAN ASS. PROFESSOR, MARKETING/ADVERTISING 37.50 X 205929 0 26262 MARGARET O'REILLY-ALLEN CHAIR, ACCOUNTING 37.50 X 188246 0 33438 JOHN R SULLIVAN PROFESSOR, ENGLISH DEPARMENT 37.50 X 173130 0 64064 MAURY R RANDALL CHAIR, FINANCE AND ECONOMICS 37.50 X 172496 0 31033 BORIS VILIC DEAN, COLLEGE OF CONTINUING STUDIES 37.50 X 171180 0 36097 DONALD A STEVEN FORMER PROVOST/VP AC THROUGH 6/30/2013 50.00 X 147720 0 19622 3803917 0 857555 234 1 1 0 ELLUCIAN COMPANY LP 2300 MAITLAND CENTER PARKWAY MAITLAND FL 32751 MANAGED SVCS-INFO TECH 1593089 UNIVERSITY ATHLETIC MANAGEMENT 385 OXFORD VALLEY ROAD YARDLEY PA 19067 MGMT FEE FOR SRC 532230 KSS ARCHITECTS 337 WITHERSPOON STREET PRINCETON NJ 08542 ARCHITECTURAL SERVICES 363208 RUFFALOCODY PO BOX 3018 CEDAR RAPIDS IA 52406 STUDENT SEARCH MGMT SVC 360865 PEPPER HAMILTON LLP 301 CARNEGIE CENTER SUITE 400 PRINCETON NJ 08543 LEGAL SERVICES 335046 11 376860 299821 7543642 8895298 3645402 17115621 TUITION AND FEES 611310 158341350 158341350 ROOM AND BOARD 611310 31009338 31009338 STUDY TOURS 611310 5570557 5570557 OTHER PROGRAM SERVICE REVENUE 611310 4456154 4456154 199377399 1618985 -395738 2014723 25317 25317 312645 87413 0 0 312645 87413 400058 87413 312645 65855028 64634678 1220350 1220350 18349 1202001 140730 299821 552738 -412008 -412008 1525 0 1525 1525 BUSINESS CONF CENTER 721000 1855197 1488266 366931 FITNESS CENTER 713940 55867 21011 34856 VENDING MACHINE COMMISSION 722210 29674 29674 1940738 221287985 199377399 1219301 3575664 50610 50610 57330333 57330333 2892253 1388702 1028153 475398 23310 23310 74548066 66079179 8064857 404030 7650853 6557674 1034456 58723 8746612 7176397 1458477 111738 6299605 5399496 837387 62722 368862 368862 103690 103690 7999 7999 98421 98421 303264 303264 5009668 3921610 1088058 829275 493301 283372 52602 4998148 3840124 1047730 110294 4486799 3427142 968095 91562 9998260 9449650 301024 247586 6582568 6358665 207349 16554 1023293 901552 121741 1148766 1128261 20505 10170511 9843450 327061 1059380 382871 676509 FOOD SERVICE 6661536 6661536 BOOKS, PERIODICALS, SUB 965667 949786 11194 4687 DUES AND MEMBERSHIPS 460456 206443 254013 ALLOCATION AND BAD DEBT 447340 63 447277 1709483 998797 645672 65014 213975028 192568952 19606745 1799331 26388 26488 18783902 22462532 8913979 13623981 6977897 6336324 6681010 5845656 2134924 1709191 252559424 123530594 122814817 129028830 40770154 36210371 25077919 30081535 3145857 2101511 235326847 247426419 19825930 22588593 10249150 13456113 54532397 50531550 66293 96245 1736715 1587495 17186651 16097468 103597136 104357464 X 67009319 66486999 29744064 38454641 34976328 38127315 131729711 143068955 235326847 247426419 X 7312957 6012270 -1985983 X X 0 1 X 1 1 1 X 199388284 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 957 1 5861 1 7999 14817 0 PART II-B, LINE 1: PART II-B, LINE 1(B) AND LINE 1(G) - PAID STAFF AND DIRECT CONTACT: THE PRESIDENT MET WITH KEY LEGISLATORS AND POLICYMAKERS IN AN EFFORT TO ADVOCATE ON BEHALF OF THE STUDENTS AT RIDER UNIVERSITY WHO RECEIVE FINANCIAL SUPPORT FROM THE STATE AND FEDERAL GOVERNMENT. PART II-B, LINE 1(H) - SPEECHES, LECTURES: THE ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES IN NEW JERSEY (AICUNJ) IS COMMITTED TO THE ADVANCEMENT OF INDEPENDENT HIGHER EDUCATION IN NEW JERSEY. IT SERVES AS A LIAISON WITH THE STATE AND FEDERAL GOVERNMENT ON BEHALF OF THE INDEPENDENT SECTOR. THE PRESIDENT OF RIDER UNIVERSITY ATTENDED AICUNJ MEETINGS, AS WELL AS OTHER INDUSTRY ASSOCIATION MEETINGS, THROUGHOUT FISCAL YEAR 2014 AND SUPPORTED ITS EFFORTS TO ADVOCATE ON BEHALF OF RIDER AND THE INDEPENDENT SECTOR. PART II-B, LINE 1(I) - OTHER LOBBYING ACTIVITIES: THE UNIVERSITY PAYS ANNUAL ASSOCIATION DUES TO THE ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES IN NEW JERSEY (AICUNJ), TO THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (NAICU), AND TO THE INDEPENDENT COLLEGE FUND OF NEW JERSEY (ICFNJ). AMONG OTHER SERVICES, THESE ASSOCIATIONS LOBBY ON BEHALF OF SECTOR NEEDS. 0 1 X 56355808 3602610 8103084 1350429 700105 66010968 51495786 1609468 5130460 1154732 725174 56355808 54217784 393521 -1173168 1251792 690559 51495786 48854412 991104 7435943 1199947 1863728 54217784 46094754 814027 3745295 1036603 763061 48854412 0.22140 0.77860 0.00000 0 0 3325000 253359 3578359 170245260 82091489 88153771 16116677 12533948 3582729 62619128 28905157 33713971 129028830 ALTERNATIVES: PRIVATE EQUITY 4186553 F ALTERNATIVES: DOMESTIC EQUITY 1996565 F ALTERNATIVES: INTERNATIONAL EQUITY 7268297 F ALTERNATIVES: FIXED INCOME 2733969 F ALTERNATIVES: PRIVATE REAL ASSETS 1538157 F ALTERNATIVES: INFLATION HEDGING 1354416 F ALTERNATIVES: FLEXIBLE CAPITAL 10262327 F OTHER ALTERNATIVES 741251 F 30081535 US GOVERNMENT GRANTS REFUNDABLE 5102626 ASSET RETIREMENT OBLIGATION 4319627 EMPLOYEE AND RETIREE MEDICAL SELF-INSURED LIABILITY 3112375 STUDENT DEPOSITS AND CREDIT BALANCES 1507908 ANNUITIES PAYABLE 1167303 BUSINESS CONFERENCE DEPOSITS 459300 UNCLAIMED CHECKS 57747 CAPITAL LEASE 370393 OTHER LIABILITIES 189 16097468 X 169923551 6012270 256893 6269163 163654388 303264 57330333 57633597 221287985 158584307 2242876 2242876 156341431 303264 57330333 57633597 213975028 PART IV, LINE 2B: THE UNIVERSITY IS A CUSTODIAN OF SEVERAL AGENCY ACCOUNTS TOTALING $96,245. THE AGENCY ACCOUNTS PRIMARILY RELATE TO STUDENT ORGANIZATIONS FOR WHICH THE UNIVERSITY HOLDS THE FUNDS FOR EACH ORGANIZATION UNTIL SUCH TIME AS A CHECK REQUEST IS SUBMITTED BY THE ORGANIZATION FOR REIMBURSEMENT. THIS AMOUNT IS RECORDED AS A LIABILITY ON THE UNIVERSITY'S BALANCE SHEET. PART V, LINE 4: THE ENDOWMENT SPENDING POLICY SUPPORTS SCHOLARSHIPS, GRANTS, FACILITIES, AND PROGRAMS, IN ACCORDANCE WITH THE UNIVERSITY'S MISSION AND DONOR'S RESTRICTIONS. PART X, LINE 2: THE UNIVERSITY IS AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND THEREFORE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE CODE. ACCORDINGLY, THE UNIVERSITY IS NOT SUBJECT TO INCOME TAXES EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES UNRELATED TO ITS EXEMPT PURPOSE. THE UNIVERSITY RECOGNIZES THE EFFECTS OF INCOME TAX PROVISIONS ONLY IF THOSE PROVISIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. NO PROVISION FOR INCOME TAXES WAS REQUIRED IN 2014 AND 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 256,893. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCE - TUITION AND FEES 56,772,305. SCHOLARSHIP ALLOWANCE - AUXILIARIES 558,028. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF PENSION 2,242,876. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCE - TUITION AND FEES 56,772,305. SCHOLARSHIP ALLOWANCE - AUXILIARIES 558,028. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 A GENERAL STATEMENT OF NON-DISCRIMINATION IS INCLUDED IN ALL ADVERTISEMENTS, IN NEWSPAPERS OF GENERAL CIRCULATION, AND OTHER PRINTED MEDIA RELATING TO THE RECRUITMENT OF STUDENTS AND EMPLOYEES. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVED THE FOLLOWING FEDERAL AND STATE OF NEW JERSEY STUDENT FINANCIAL ASSISTANCE: FEDERAL: FEDERAL DIRECT STUDENT LOAN PROGRAM $36,393,845 FEDERAL PELL GRANT PROGRAM $4,949,258 FEDERAL PERKINS LOAN PROGRAM $491,646 FEDERAL WORK-STUDY $536,212 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM $314,262 FEDERAL STUDENT SUPPORT SERVICES $40,400 TOTAL FEDERAL STUDENT FINANCIAL ASSISTANCE $42,725,623 STATE OF NEW JERSEY: N.J. - COLLEGE LOANS TO ASSIST STATE STUDENTS $3,501,297 N.J. - TUITION AID GRANT $6,911,348 N.J. - DISTINGUISHED SCHOLARS $930 N.J. - GOVERNOR'S URBAN SCHOLARS $7,000 N.J. - STARS II $37,500 N.J. - EDUCATIONAL OPPORTUNITY FUND $594,215 TOTAL STATE OF NEW JERSEY STUDENT FINANCIAL ASISTANCE $11,052,290 TOTAL STUDENT FINANCIAL ASSISTANCE $53,777,913 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 10262327 NORTH AMERICA 0 0 INVESTMENTS 212930 0 0 0 0 0 0 10475257 0 10475257 1 0 1 1 1 0 PART I, LINE 3: INVESTMENTS ARE REVIEWED BY THE INVESTMENT SUBCOMMITTEE OF THE BUSINESS AFFAIRS COMMITTEE OF THE BOARD OF TRUSTEES, AS WELL AS BY RIDER'S INVESTMENT MANAGER. X X X X X X X 1 WILSON-BENNETT TECHNOLOGY INC 140 PROFESSIONAL DRIVE SUITE 2 CABOT AR 720238675 CONSULTS ON PHONATHON PROGRAM 0 233063 98421 134642 233063 98421 134642 AL AK AZ AR CA CO CT FL GA HI IL KS KY LA ME MD MA MI MN MO MS OH ND NC NY NM NJ NH PA OR OK VA UT TN SC RI WI WV WA RACQUET AND TENNIS 92845 69910 22935 24394 150 4683 READING & CAROL 91960 60310 31650 23920 21565 9 255746 169601 86145 9701 39562 37331 241781 149651 440551 299821 140730 9701 39562 85645 241931 175899 552738 -412008 1 RUTGERS THE STATE UNIVERSITY OF NEW JERSEY-RBHS-RWJMS 3 RUTGERS PLAZA ASB III FL 2 OFFICE OF RSP NEW BRUNSWICK NJ 08901 462354111 STATE OF NJ 50610 RESEARCH 1 0 FEDERAL PERKINS LOAN PROGRAM 468 491646 FEDERAL WORK-STUDY 555 536212 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT 705 314262 FEDERAL STUDENT SUPPORT SERVICES 38 40400 N.J. - EDUCATIONAL OPPORTUNITY FUND 139 594215 RIDER UNIVERSITY ATHLETIC, MERIT AND NEED-BASED FINANCIAL AID 3896 52319551 RESTRICTED AID USED FOR SCHOLARSHIPS 415 3034047 PART I, LINE 2: THE UNIVERSITY HAS ESTABLISHED POLICIES, PROCEDURES, AND CONTROLS OVER THE AWARDING, DISBURSING, AND MONITORING OF STUDENT FINANCIAL AID OR ASSISTANCE TO INDIVIDUAL STUDENTS IN COMPLIANCE WITH FEDERAL AND STATE OF NEW JERSEY REGULATIONS AND REQUIREMENTS. IN ADDITION, THE UNIVERSITY HAS AN EXTERNAL AUDIT PERFORMED IN ACCORDANCE WITH U.S. OFFICE OF MANAGEMENT AND BUDGET CIRCULAR A-133 AND NEW JERSEY OFFICE OF MANAGEMENT AND BUDGET CIRCULAR 04-04. THE UNIVERSITY HAS PROCEDURES AND CONTROLS IN PLACE OVER THE AWARDING, DISBURSING, AND MONITORING OF SUBAWARDS MADE TO ORGANIZATIONS. THESE INCLUDE REVIEWING THE ANNUAL FINANCIAL STATEMENT AND SINGLE AUDIT REPORTS OF THE ORGANIZATION AND REVIEWING ALL SUPPORTING DOCUMENTATION INCLUDING INVOICES RECEIVED BY THE ORGANIZATION. X X 1 1 X X X X X X 0 1 0 0 0 0 0 0 0 MORDECHAI ROZANSKI PRESIDENT 382763 0 12500 0 240401 0 105414 0 65769 0 806847 0 156000 0 JULIE A KARNS VP FINANCE & TREASURER 271143 0 0 0 8022 0 22468 0 29320 0 330953 0 0 0 JONATHAN MEER VP UNIVERSITY ADVANCEMENT 217338 0 0 0 52828 0 18313 0 32306 0 320785 0 0 0 DONNAJEAN A FREDEEN PROVOST/VP ACADEMIC AFFAIR 103588 0 0 0 8449 0 0 0 41632 0 153669 0 0 0 JAMES P O'HARA VP ENROLLMENT MANAGEMENT 221477 0 0 0 1800 0 18408 0 9610 0 251295 0 0 0 STEVEN J LORENZET DEAN COLLEGE OF BUSINESS A 211114 0 0 0 0 0 18150 0 20280 0 249544 0 0 0 ROBERT L ANNIS DEAN & DIRECTOR OF WCA 186228 0 0 0 700 0 15157 0 64515 0 266600 0 0 0 PATRICIA MOSTO DEAN COLLEGE LIBERAL ARTS 176056 0 0 0 0 0 14503 0 9219 0 199778 0 0 0 ANTHONY CAMPBELL AVP STUDENT AFFAIRS/DEAN 163651 0 0 0 0 0 12775 0 31468 0 207894 0 0 0 JENNIFER M POTTER AVP FINANCE & CONTROLLER 162128 0 0 0 0 0 13778 0 20566 0 196472 0 0 0 SHARON J SHERMAN DEAN, SCHOOL OF EDUCATION 159475 0 0 0 0 0 13355 0 15067 0 187897 0 0 0 MICHAEL F RECA AVP FACILITIES/AUXILIARY SERVICES 154345 0 0 0 700 0 12374 0 42452 0 209871 0 0 0 LARRY M NEWMAN ASS. PROFESSOR, MARKETING/ADVERTISIN 205929 0 0 0 0 0 13616 0 12646 0 232191 0 0 0 MARGARET O'REILLY-ALLEN CHAIR, ACCOUNTING 188246 0 0 0 0 0 12625 0 20813 0 221684 0 0 0 JOHN R SULLIVAN PROFESSOR, ENGLISH DEPARMENT 173130 0 0 0 0 0 10925 0 53139 0 237194 0 0 0 MAURY R RANDALL CHAIR, FINANCE AND ECONOMICS 172496 0 0 0 0 0 13602 0 17431 0 203529 0 0 0 BORIS VILIC DEAN, COLLEGE OF CONTINUING STUDIES 171180 0 0 0 0 0 15000 0 21097 0 207277 0 0 0 DONALD A STEVEN FORMER PROVOST/VP AC THROUGH 6/30/2013 118889 0 0 0 28831 0 11977 0 7645 0 167342 0 0 0 FORM 990, SCHEDULE J PART I, LINE 1A; PART II, COLUMN (D): THE NONTAXABLE BENEFITS AMOUNT OF $65,769 OF PRESIDENT MORDECHAI ROZANSKI INCLUDES THE MARKET VALUE OF THE UNIVERSITY RESIDENCE PROVIDED TO THE PRESIDENT. THE MARKET VALUE OF THE UNIVERSITY RESIDENCE IS APPROXIMATELY 58% OF NONTAXABLE BENEFITS. THE PRESIDENT OF THE UNIVERSITY IS REQUIRED TO ACCEPT LODGING AND LIVE ADJACENT TO THE LAWRENCEVILLE CAMPUS AS A CONDITION OF HIS EMPLOYMENT. PART I, LINE 1A; PART II, COLUMN (D): RIDER UNIVERSITY HAS PAID $1,018 IN SOCIAL CLUB MEMBERSHIP DUES FOR UNIVERSITY BUSINESS PURPOSES ON BEHALF OF PRESIDENT MORDECHAI ROZANSKI. THIS AMOUNT IS NONTAXABLE TO THE RECIPIENT. PART I, LINE 1A; PART II, COLUMN (D): THE NONTAXABLE BENEFITS AMOUNT OF $31,468 OF ANTHONY CAMPBELL INCLUDES THE MARKET VALUE OF THE UNIVERSITY RESIDENCE PROVIDED TO THE ASSOCIATE VP STUDENT AFFAIRS/DEAN OF STUDENTS. THE MARKET VALUE OF THE UNIVERSITY RESIDENCE IS APPROXIMATELY 92% OF NONTAXABLE BENEFITS. THE ASSOCIATE VP STUDENT AFFAIRS/DEAN OF STUDENTS OF THE UNIVERSITY IS REQUIRED TO ACCEPT LODGING AND LIVE ADJACENT TO THE LAWRENCEVILLE CAMPUS AS A CONDITION OF HIS EMPLOYMENT. PART I, LINE 1A, PART II, COLUMN (D): RIDER UNIVERSITY HAS PAID $17,173 IN SOCIAL CLUB MEMBERSHIP DUES FOR UNIVERSITY BUSINESS PURPOSES ON BEHALF OF JONATHAN MEER. THIS AMOUNT IS NONTAXABLE TO THE RECIPIENT. PART I, LINE 4B: PRESIDENT MORDECHAI ROZANSKI PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN (457(F) PLAN). DEFERRED COMPENSATION CONTRIBUTIONS OF $73,125 WERE MADE DURING THIS COMPENSATION PERIOD AND WILL VEST AND BE DISTRIBUTED AT HIS RETIREMENT. PART II, COLUMN (F): THE AMOUNT OF $156,000 FOR PRESIDENT MORDECHAI ROZANSKI REPRESENTS DEFERRED COMPENSATION AWARDS MADE DURING HIS FIRST CONTRACT, BUT DISTRIBUTED IN CALENDAR YEAR 2013. THE AWARDS WERE PREVIOUSLY REPORTED ON FORM 990S AS DEFERRED INCENTIVE COMPENSATION NOT TAXABLE IN THE YEAR AWARDED. PART I, LINE 1A; PART II, COLUMN (D): THE NONTAXABLE BENEFITS AMOUNT OF $64,515 OF ROBERT L. ANNIS INCLUDES THE MARKET VALUE OF THE UNIVERSITY RESIDENCE PROVIDED TO THE DEAN & DIRECTOR OF THE WESTMINSTER COLLEGE OF THE ARTS. THE MARKET VALUE OF THE UNIVERSITY RESIDENCE IS APPROXIMATELY 74% OF NONTAXABLE BENEFITS. THE DEAN & DIRECTOR OF THE WESTMINSTER COLLEGE OF THE ARTS OF THE UNIVERSITY IS REQUIRED TO ACCEPT LODGING AND LIVE ADJACENT TO THE PRINCETON CAMPUS AS A CONDITION OF HIS EMPLOYMENT. PART I, LINE 1A; PART II, COLUMN (D): RIDER UNIVERSITY HAS PAID $1,160 IN SOCIAL CLUB MEMBERSHIP DUES FOR UNIVERSITY BUSINESS PURPOSES ON BEHALF OF ROBERT L. ANNIS. THIS AMOUNT IS NONTAXABLE TO THE RECIPIENT. PART II, COLUMN (D): APPROXIMATELY 20% OF ROBERT L. ANNIS' NONTAXABLE BENEFITS AMOUNT REPRESENTS TUITION REMISSION. PART II, COLUMN (D): APPROXIMATELY 92% OF JULIE A. KARNS' NONTAXABLE BENEFITS AMOUNT OF $29,320 REPRESENTS TUITION REMISSION. PART II, COLUMN (D): APPROXIMATELY 42% OF DONNAJEAN A. FREDEEN'S NONTAXABLE BENEFITS AMOUNT OF $41,632 REPRESENTS TUITION REMISSION. PART II, COLUMN (D): APPROXIMATELY 43% OF DONNAJEAN A. FREDEEN'S NONTAXABLE BENEFITS AMOUNT OF $41,632 REPRESENTS MOVING EXPENSE REIMBURSEMENT. PART II, COLUMN (D): APPROXIMATELY 95% OF MICHAEL F. RECA'S NONTAXABLE BENEFITS AMOUNT OF $42,452 REPRESENTS TUITION REMISSION. PART II, COLUMN (D): APPROXIMATELY 77% OF JOHN R. SULLIVAN'S NONTAXABLE BENEFITS AMOUNT OF $53,139 REPRESENTS TUITION REMISSION. PART II, COLUMN (D): NONTAXABLE BENEFITS, EXCLUSIVE OF THE ITEMS NOTED ABOVE, REPRESENT THE VALUE OF HEALTH CARE BENEFITS WHICH VARY BY INDIVIDUAL BENEFIT ELECTIONS. A NJ EDUCATIONAL FACILITIES AUTHORITY 221829511 6460652M3 2012-04-04 55203833 CAPITAL IMPROVEMENTS TO UNIVERSITY'S FACILTIES AND REFUNDING OF PRIOR BONDS 0 0 0 B NJ EDUCATIONAL FACILITIES AUTHORITY 221829511 64605LZ43 2006-10-26 12036146 ADVANCE REFUND PRIOR POOLED FINANCINGS 0 0 1 C NJ EDUCATIONAL FACILITIES AUTHORITY 221829511 64605LWX2 2005-08-10 16420869 REFUND PRIOR POOLED FINANCINGS 0 0 1 D NJ EDUCATIONAL FACILITIES AUTHORITY 221829511 64605NBU7 2003-10-09 5523846 FIRE SUPPRESSION SYSTEM INSTALLATION 0 0 1 A 3545000 55308005 12762699 570340 10000000 31937795 37171 1 1 0 1 B 18436 1482186 1482186 0 1 1 1 C 94114 1648393 380308 1268085 0 1 1 1 D 1525353 1525353 2004 0 0 1 1 A 0 1 1 1 0 0.00400 0.02700 0.03100 0 0 1 B 0 1 1 1 0 0.59570 0.00000 0.59570 0 0 1 D 0 1 0 0 0.00100 0.03700 0.03800 0 0 1 A 0 1 1 0 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 1 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 SCHEDULE K, PART I, BOND ISSUES: ENTITY 2, BOND A (A) ISSUER NAME: NJ EDUCATIONAL FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: ADVANCE REFUND PRIOR POOLED FINANCINGS ENTITY 2, BOND B (A) ISSUER NAME: NJ EDUCATIONAL FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: CAPITAL IMPROVEMENTS TO UNIVERSITY'S FACILTIES AND REFUNDING OF PRIOR BONDS ENTITY 2, BOND C (A) ISSUER NAME: NJ EDUCATIONAL FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: ADVANCE REFUND PRIOR POOLED FINANCING ENTITY 2, BOND D (A) ISSUER NAME: NJ EDUCATIONAL FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: REFUND PRIOR POOLED FINANCINGS ENTITY 1, BOND A (A) ISSUER NAME: NJ EDUCATIONAL FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: FIRE SUPPRESSION SYSTEM INSTALLATION FORM 990, SCHEDULE K ENTITY 2, BOND B: PART I(F): BONDS REFUNDED BY SERIES 2012A: SERIES 2007C (ISSUED 6/21/07), SERIES 2004A (ISSUED 6/17/04), SERIES 2002A (ISSUED 04/03/02). ENTITY 2, BOND C: PART I(F): BONDS REFUNDED BY THE SERIES 2006 HECIF: SERIES 2000A (ISSUED 07/31/00), SERIES 2000B (ISSUED 12/20/00), SERIES 2002A (ISSUED 11/21/02), AND SERIES 2004A (ISSUED 04/14/04). ENTITY 2, BOND D: PART I(F): BONDS REFUNDED BY THE SERIES 2005 HECIF: SERIES 2002A (ISSUED 11/21/02). ENTITY 2, BOND C, BOND D: PART II, LINE 1: AMOUNT SHOWN REPRESENTS THE BONDS RETIRED THAT ARE ALLOCABLE TO THE BORROWER'S PORTION OF DEBT SERVICE RESPONSIBILITY. ENTITY 2, BOND A, BOND C, BOND D: AMOUNT IN PART II, LINES 3 AND 6 REFLECT ONLY THE AMOUNT RECEIVED BY RIDER UNIVERSITY WITH RESPECT TO ITS PORTION OF THE POOLED BONDS. ENTITY 2, BOND B: PART II, LINE 3: AMOUNT LISTED DIFFERS FROM THE ISSUE PRICE LISTED IN PART I, (E) DUE TO INVESTMENT EARNINGS ACCRUED. ENTITY 2, BOND C: PART III, LINE 4: THE AMOUNT LISTED ONLY INCLUDES THE PRIVATE USE PERCENTAGE APPLICABLE TO THE BORROWER'S PORTION OF THE REFUNDED SERIES 2004A. ALL OTHER BONDS REFUNDED BY THE SERIES 2006 HECIF WERE ISSUED PRIOR TO JANUARY 1, 2003 AND HAVE THEREFORE BEEN EXCLUDED FROM PART III OF THIS SCHEDULE. ENTITY 2, BOND A, BOND C: PART III, LINE 7: ALTHOUGH THE PRIVATE USE PERCENTAGE WITH RESPECT TO THE BORROWER'S PORTION OF THE BONDS EXCEEDS 5%, THE BORROWER'S PORTION OF THE BONDS REPRESENTS LESS THAN 5% OF BONDS. ACCORDINGLY, ANY PRIVATE PAYMENTS WITH RESPECT TO THE BORROWER'S PORTION OF THE BONDS WOULD NOT EXCEED 5% OF THE BONDS ENTITY 2, BOND B: PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS REPORTED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. ENTITY 2, BOND B: PART IV, LINE 2(B): THE PORTION OF THE SERIES 2012A BOND PROCEEDS USED FOR CURRENT REFUNDING MET THE 6-MONTH SPENDING EXCEPTION. ENTITY 2, BOND C: PART IV, LINE 2(C): THE REBATE COMPUTATION WAS PERFORMED AS OF JUNE 30, 2011. ENTITY 2, BOND D: PART IV, LINE 2(C): THE REBATE COMPUTATION WAS PERFORMED AS OF JUNE 30, 2010. ENTITY I, BOND ISSUE A: AMOUNT IN PART II, LINE 3 AND LINE 10 REFLECT ONLY THE AMOUNT RECEIVED BY RIDER UNIVERSITY WITH RESPECT TO ITS PORTION OF THE POOLED BONDS. ENTITY I, BOND ISSUE A: PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS REPORTED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. ENTITY I, BOND ISSUE A: PART IV, LINE 2(C): THE REBATE COMPUTATION WAS PERFORMED AS OF JUNE 30, 2009. ALL BOND PROCEEDS WERE SPENT AS OF THIS COMPUTATION DATE. A NJ EDUCATIONAL FACILITIES AUTHORITY 221829511 646066DG2 2014-04-29 200975862 ADVANCE REFUND PRIOR POOLED FINANCING 0 0 1 A 176230 176230 0 1 1 1 A 0 1 1 1 0 0.59570 0.00000 0.59570 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 X 45 3645402 MEAN PRICE-GIFT DATE 0 0 1 0 PART I, COLUMN (B): RIDER UNIVERSITY IS REPORTING THE NUMBER OF CONTRIBUTORS WHO MADE STOCK DONATIONS DURING THE FISCAL YEAR. 990, PART III, LINE 1 - CONTINUED RIDER'S VISION RIDER UNIVERSITY WILL BE A LEADER IN AMERICAN HIGHER EDUCATION CELEBRATED FOR EDUCATING TALENTED STUDENTS FOR CITIZENSHIP, LIFE AND CAREER SUCCESS IN A DIVERSE AND INTERDEPENDENT WORLD. RIDER WILL ACHIEVE DISTINCTIVENESS BY FOCUSING ON STUDENTS FIRST, BY CULTIVATING LEADERSHIP SKILLS, BY AFFIRMING TEACHING AND LEARNING THAT BRIDGE THE THEORETICAL AND THE PRACTICAL, AND BY FOSTERING A CULTURE OF ACADEMIC EXCELLENCE. RIDER'S MISSION RIDER ATTRACTS AND GRADUATES TALENTED AND MOTIVATED STUDENTS WITH DIVERSE BACKGROUNDS FROM ACROSS THE NATION AND AROUND THE WORLD, AND PUTS THEM AT THE CENTER OF OUR LEARNING AND LIVING COMMUNITY. AS A LEARNER-CENTERED UNIVERSITY DEDICATED TO THE EDUCATION OF THE WHOLE STUDENT, RIDER PROVIDES STUDENTS THE INTELLECTUAL RESOURCES AND BREADTH OF STUDENT LIFE OPPORTUNITIES OF A COMPREHENSIVE UNIVERSITY WITH THE PERSONAL ATTENTION AND CLOSE STUDENT-FACULTY INTERACTIONS OF A LIBERAL ARTS COLLEGE. THROUGH A COMMITMENT TO HIGH QUALITY TEACHING, SCHOLARSHIP AND EXPERIENTIAL OPPORTUNITIES, FACULTY ON BOTH CAMPUSES PROVIDE UNDERGRADUATE AND GRADUATE STUDENTS RIGOROUS AND RELEVANT PROGRAMS OF STUDY TO EXPAND THEIR INTELLECTUAL, CULTURAL AND PERSONAL HORIZONS AND DEVELOP THEIR LEADERSHIP SKILLS. OUR HIGHLY REGARDED PROGRAMS IN THE ARTS, SOCIAL SCIENCES, MUSIC, BUSINESS AND EDUCATION CHALLENGE STUDENTS TO BECOME ACTIVE LEARNERS WHO CAN ACQUIRE, INTERPRET, COMMUNICATE AND APPLY KNOWLEDGE WITHIN AND ACROSS DISCIPLINES TO FOSTER THE INTEGRATIVE THINKING REQUIRED IN A COMPLEX AND RAPIDLY CHANGING WORLD. RIDER ATTRACTS HIGHLY QUALIFIED FACULTY, STAFF AND ADMINISTRATION WITH DIVERSE BACKGROUNDS WHO CREATE AN ENVIRONMENT THAT INSPIRES INTELLECTUAL AND SOCIAL ENGAGEMENT, STIMULATES INNOVATION AND SERVICE, AND ENCOURAGES PERSONAL AND PROFESSIONAL DEVELOPMENT. AS KEY MEMBERS OF OUR UNIVERSITY COMMUNITY, IT IS THEIR COMMITMENT TO OUR VALUES, VISION AND MISSION THAT WILL ENSURE RIDER'S SUCCESS. THE UNIVERSITY'S INSTITUTIONAL IDENTITY WILL CONTINUE TO REFLECT THE STRENGTHS OF ITS PEOPLE, HISTORY, LOCATION AND SHARED VALUES, AMONG WHICH ARE A COMMITMENT TO DIVERSITY, SOCIAL AND ETHICAL RESPONSIBILITY, AND COMMUNITY. THE SUCCESS OF OUR GRADUATES WILL BE DEMONSTRATED BY THEIR PERSONAL AND CAREER ACHIEVEMENTS AND BY THEIR CONTRIBUTIONS TO THE CULTURAL, SOCIAL AND ECONOMIC LIFE OF THEIR COMMUNITIES, THE NATION AND THE WORLD. FORM 990, PART VI, SECTION A, LINE 2 COLLEEN AND GARY SHAPIRO HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE OF THE UNIVERSITY'S BOARD OF TRUSTEES PERFORMED A REVIEW OF THE FORM 990 AND ALL APPLICABLE SCHEDULES PRIOR TO SUBMISSION AS PART OF AN AUDIT COMMITTEE MEETING. IN ADDITION, THE FORM 990 AND ALL APPLICABLE SCHEDULES WERE POSTED ON THE UNIVERSITY'S INTRANET FOR THE ENTIRE BOARD OF TRUSTEES TO REVIEW PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY HAS A WRITTEN CONFLICT OF INTEREST POLICY, AND AN ANNUAL COMPLIANCE REVIEW PROCESS WHICH INCLUDES: - SOLICIT FEEDBACK FROM DIVISION HEADS ON PROPOSED STAFF IN THEIR UNITS WHO SHOULD PARTICIPATE IN THE ANNUAL REPORTING AND REVIEW PROCESS. ANY INDIVIDUAL WHO IS CONSIDERED TO HAVE SIGNIFICANT RESPONSIBILITY FOR INSTITUTIONAL OPERATIONS OR PURCHASING IS INCLUDED. THE POLICY REQUIRES THAT PERSONS INVOLVED IN DECISION MAKING DISCLOSE FINANCIAL OR OTHER INTERESTS-EITHER CURRENT OR PROPOSED- THAT IMPAIR OR MAY APPEAR TO IMPAIR THEIR INDEPENDENT, UNBIASED JUDGEMENT. - DISTRIBUTE THE CONFLICT OF INTEREST POLICY AND QUESTIONNAIRE FOR DISCLOSURE OF POTENTIAL CONFLICTS OF INTEREST TO ALL INDIVIDUALS SO IDENTIFIED. IN 2014, 125 INDIVIDUALS (OFFICERS, TRUSTEES, COACHES, AND ADMINISTRATORS) RECEIVED AND COMPLETED THE CONFLICT QUESTIONNAIRE. - REVIEW OF ALL CONFLICT QUESTIONNAIRE RESPONSES BY THE UNIVERSITY BOARD OF TRUSTEES' HUMAN RESOURCES COMMITTEE, WHICH SERVES AS THE CONFLICT COMMITTEE UNDER THE UNIVERSITY'S BYLAWS. THE HUMAN RESOURCES COMMITTEE REPORTS ITS FINDINGS TO THE BOARD OF TRUSTEES, WHICH IS RESPONSIBLE FOR ACTING ON THE COMMITTEE'S FINDINGS - IN PARTICULAR ON ANY CONFLICT THAT MIGHT BE IDENTIFIED. BY POLICY, ANY PROPOSED BUSINESS RELATIONSHIP BETWEEN A TRUSTEE OR THEIR RELATED ENTITY MUST BE EVALUATED AND ACTED ON PRIOR TO ITS POTENTIAL IMPLEMENTATION. NO SUCH RELATIONSHIP CURRENTLY EXISTS. - ANY BOARD MEMBER WITH A CONFLICT WILL RECUSE HIMSELF/HERSELF FROM ANY VOTES REGARDING THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE SENIOR COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES ENGAGES AN INDEPENDENT CONSULTING FIRM TO ANNUALLY UNDERTAKE A REASONABLENESS REVIEW OF TOP MANAGEMENT COMPENSATION. TOP MANAGEMENT INCLUDES THE INSTITUTION'S PRESIDENT AND VICE PRESIDENTS. THE REASONABLENESS REVIEW INCLUDES CONSIDERATION OF COMPARABILITY DATA PREPARED BY THE CONSULTANTS WHICH IS PROVIDED TO ALL COMMITTEE MEMBERS AND TO ALL MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES. THE BENCHMARK DATA CONSIDERED INCLUDES BOTH SALARY AND TOTAL COMPENSATION INFORMATION. CONTEMPORANEOUS MINUTES ARE MAINTAINED FOR BOTH THE SENIOR COMPENSATION COMMITTEE OF THE BOARD AND FOR THE FULL BOARD OF TRUSTEES MEETINGS. THIS PROCESS WAS LAST UNDERTAKEN IN FISCAL 2014. THE UNIVERSITY CONSISTENTLY UTILIZES HIGHER EDUCATION BENCHMARKING DATA TO ASSESS THE REASONABLENESS OF KEY EMPLOYEES' COMPENSATION. FACULTY COMPENSATION IS GOVERNED BY A COLLECTIVE BARGAINING AGREEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF PENSION -2,242,876. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 256,893. FORM 990, PART XII, LINE 2C RIDER UNIVERSITY DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR.