2015-05-13T12:02:22-05:00 2014-06-30 PricewaterhouseCoopers LLP 2001 MARKET ST SUITE 1700 PHILADELPHIA PA 19103 990 2013-07-01 231352685 TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA % LESLIE KRUHLY SECRETARY TRUS 2158988967 3451 WALNUT STREET Suite ROOM 305 PHILADELPHIA PA 191046284 Steven Golding VP Finance & Treasurer 2158988967 2015-05-05 true antonio c russo director P00858539 2158988967 2015-04-30 2013 2016-02-25 16:41:14Z STEPHEN GOLDING 3451 WALNUT STREET PHILADLEPHIA PA 19104 14446125092 false X WWW.UPENN.EDU X 1740 PA THE PROVISION OF EDUCATION, RESEARCH, AND CHARITABLE PATIENT CARE SERVICES. 56 51 56003 32444 17663715 1383430000 1311611000 3798355449 3984621205 527544000 678919000 79991551 25687795 5789321000 6000839000 365186480 386622822 0 0 2798099000 2869301000 642697 667000 86437002 1841890823 1934852178 5005819000 5191443000 783502000 809396000 14905771000 16398248000 4398695000 4381263000 10507076000 12016985000 X THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA (THE "UNIVERSITY") SEES ITSELF AS HAVING A PUBLIC SERVICE MISSION. IN SUCH REGARD, THE UNIVERSITY AIMS TO PROVIDE A RICH AND DIVERSE EDUCATIONAL ENVIRONMENT FOR ITS STUDENTS; TO PIONEER RESEARCH THAT PUSHES THE BOUNDARIES OF CURRENT HUMAN KNOWLEDGE; AND TO PROVIDE THE MOST CURRENT AND HIGHEST QUALITY PATIENT CARE THROUGH THE UNIVERSITY HEALTH SYSTEM. true false 2640646198 386479046 1616920205 THE UNIVERSITY OF PENNSYLVANIA ("PENN" OR THE "UNIVERSITY") IS THE OLDEST UNIVERSITY IN THE UNITED STATES. IT TRACES ITS ORIGINS BACK TO A CHARITY SCHOOL FOUNDED IN 1740 AND WAS CHARTERED AS A COLLEGE IN 1755, HOLDING ITS FIRST COMMENCEMENT FOR A GRADUATING CLASS OF SEVEN STUDENTS IN 1757. UPON THE ESTABLISHMENT OF ITS MEDICAL SCHOOL-THE FIRST IN AMERICA-IN 1765, PENN BECAME THE COUNTRY'S FIRST UNIVERSITY. FROM THESE EARLY AND MODEST BEGINNINGS, PENN HAS GROWN INTO ONE OF THE LEADING RESEARCH AND EDUCATIONAL INSTITUTIONS IN THE UNITED STATES AND IN THE WORLD. A NATIONAL LEADER IN ACADEMICALLY-BASED COMMUNITY SERVICE, THE UNIVERSITY AIMS TO PROVIDE A RICH AND DIVERSE EDUCATIONAL ENVIRONMENT FOR ITS STUDENTS; TO PIONEER RESEARCH THAT PUSHES THE BOUNDARIES OF CURRENT HUMAN KNOWLEDGE; AND TO PROVIDE THE MOST CURRENT AND HIGHEST QUALITY IN PATIENT CARE THROUGH THE UNIVERSITY HEALTH SYSTEM. IT IS HOME TO THE UNIVERSITY OF PENNSYLVANIA MUSEUM OF ARCHAEOLOGY AND ANTHROPOLOGY, THE INSTITUTE FOR CONTEMPORARY ART AND THE ANNENBERG CENTER FOR THE PERFORMING ARTS, ALL OF WHICH CONTRIBUTE VITALLY TO ENRICHING THE CULTURAL LIFE OF PHILADELPHIA. PENN IS ALSO A HIGHLY ACTIVE PARTICIPANT IN THE WEST PHILADELPHIA NEIGHBORHOOD THAT IS ITS HOME. I. EDUCATION PENN'S FIRM BELIEF THAT EXCELLENCE AND DIVERSITY GO HAND-IN-HAND IS EVIDENCED IN THEIR SELECTION OF STUDENTS FOR THE CLASS OF 2018. OF 35,866 STUDENTS WHO APPLIED, ONLY 3,718, OR 10.4 PERCENT, WERE OFFERED ADMISSION. FIFTY-TWO PERCENT OF THOSE WHO MATRICULATED ARE BLACK, ASIAN, HISPANIC, OR NATIVE AMERICAN. IN KEEPING WITH THE BELIEF THAT QUALITY AND DIVERSITY OF THE STUDENT BODY ADD TO THE RIGOR AND UNIQUENESS OF A PENN EDUCATION, THE UNIVERSITY HAS MADE INCREASING ACCESS ONE OF ITS HIGHEST PRIORITIES. TO ACHIEVE THIS END, PENN HAS COMMITTED ITSELF TO MEETING THE FULL FINANCIAL NEED OF UNDERGRADUATES WITH ALL-GRANT AID PACKAGES, EXPANDING THE PENN WORLD SCHOLARS PROGRAM, AND STRENGTHENING GRADUATE AND PROFESSIONAL FINANCIAL AID. http://www.sfs.upenn.edu/paying/paying-pro.htm IN FY 14, THE AVERAGE UNIVERSITY GRANT-AIDED FRESHMAN AID PACKAGE WAS $44,297, AN INCREASE OF 3.5% OVER THE PREVIOUS YEAR AND 31.8% OVER THE AVERAGE AID PACKAGE OF $33,608 IN FY 08, THE YEAR THE ALL-GRANT POLICY WAS ANNOUNCED. UNDERGRADUATE AND GRADUATE FINANCIAL AID GRANTS AND SCHOLARSHIPS TOTALED $294.6 MILLION IN FY 14, WHICH CONSTITUTED A $14.4 MILLION, OR 5.2%, INCREASE FROM THE PRIOR FISCAL YEAR. SPURRED BY SUCCESSFUL FUNDRAISING EFFORTS, THE UNIVERSITY WAS ALSO ABLE TO INCREASE FINANCIAL AID TO GRADUATE AND PROFESSIONAL STUDENTS: APPROXIMATELY 7,800 OF THESE MEMBERS OF THE PENN COMMUNITY FUNDED PART OR ALL OF THEIR EDUCATION FROM FINANCIAL AID, RECEIVING $174.5 MILLION IN GRANTS, $205.8 IN EDUCATIONAL LOANS, AND $2.3 MILLION IN WORK-STUDY PROGRAMS. http://www.finance.upenn.edu/vpfinance/annualrpt/index.shtml RANKED EIGHTH AMONG ALL NATIONAL UNIVERSITIES BY U.S. NEWS & WORLD REPORT, PENN IS CONSISTENTLY RECOGNIZED FOR HAVING SOME OF THE TOP ACADEMIC PROGRAMS IN THE COUNTRY. IN FY 14, PENNS WHARTON SCHOOL EARNED A #1 BUSINESS SCHOOL RANKING, WITH PERELMAN SCHOOL OF MEDICINE RANKED 4TH AND PENNS GRADUATE SCHOOL OF EDUCATION, 5TH. PENN LAW RANKED AMONG AMERICAS BEST (#7) AND MOST DIVERSE LAW SCHOOLS. II. RESEARCH ONE MEASURE OF EXCELLENCE FOR THE RESEARCH AND ACADEMIC STUDIES CONDUCTED AT PENN IS THE NUMEROUS PRESTIGIOUS AWARDS THAT HAVE BEEN CONFERRED ON PENN FACULTY. THE FACULTY, ACTIVE AND EMERITI, INCLUDES 84 MEMBERS OF THE ACADEMY OF ARTS AND SCIENCES, 81 MEMBERS OF THE INSTITUTE OF MEDICINE, 334 MEMBERS OF THE NATIONAL ACADEMY OF SCIENCES, 31 MEMBERS OF THE AMERICAN PHILOSOPHICAL SOCIETY, 175 GUGGENHEIM FELLOWS, AND 12 MEMBERS OF THE NATIONAL ACADEMY OF ENGINEERING. OVER THE PAST TWO DECADES, PENN HAS BEEN HOME TO 7 MACARTHUR AWARD RECIPIENTS, 5 NATIONAL MEDAL OF SCIENCE RECIPIENTS, 4 NOBEL PRIZE RECIPIENTS, AND 5 PULITZER PRIZE RECIPIENTS. WITH 100 RESEARCH CENTERS AND INSTITUTES, RESEARCH IS A SUBSTANTIAL AND ESTEEMED ENTERPRISE AT PENN. AS OF FY 14, THE RESEARCH COMMUNITY INCLUDES OVER 4,300 FACULTY, MORE THAN 1,100 POSTDOCTORAL FELLOWS, OVER 5,400 ACADEMIC SUPPORT STAFF AND GRADUATE STUDENT TRAINEES, AND A RESEARCH BUDGET OF $899 MILLION. RESEARCH GRANTS WON BY PENN FACULTY MAKE IT ONE OF THE HIGHEST RANKED RESEARCH UNIVERSITIES IN THE COUNTRY. III. PUBLIC SERVICE MISSION THE MISSION OF SERVING THE PUBLIC IS ONE OF PENN'S HIGHEST PRIORITIES AND IS EXEMPLIFIED BY NUMEROUS UNIVERSITY PROGRAMS. PENN'S NETTER CENTER FOR COMMUNITY PARTNERSHIPS IS THE UNIVERSITY'S PRIMARY VEHICLE FOR IMPLEMENTING THIS PROGRAMMING. A MODEL OF COMMUNITY SERVICE, THE NETTER CENTER HAS HELPED DEVELOP UNIVERSITY-ASSISTED COMMUNITY SCHOOLS WHERE PENN STUDENTS AND FACULTY PROVIDE INSTRUCTION, SUPPORT, AND PARTNERSHIP BY EDUCATING, EMPOWERING, AND SERVING ALL MEMBERS OF THE COMMUNITY IN WHICH THE SCHOOL IS LOCATED. WORKING WITH LOCAL SCHOOL COMMUNITIES IN THIS WAY ALSO HELPS PENN ADVANCE ITS TEACHING, RESEARCH, AND SERVICE MISSIONS AND THE CIVIC DEVELOPMENT OF ITS STUDENTS. IN FY 14, THE NETTER CENTER'S UNIVERSITY-ASSISTED COMMUNITY SCHOOL PROGRAMS SERVED APPROXIMATELY 3,000 K-12 YOUTH AND THEIR FAMILIES IN WEST PHILADELPHIA AND WAS CREDITED WITH VISIBLE IMPROVEMENTS IN ACADEMIC PERFORMANCE, ATTENDANCE, AND STUDENT AND PARENTAL INVOLVEMENT AT THE COMMUNITY SCHOOLS. RUN BY THE NETTER CENTER, THE DR. BERNETT L. JOHNSON, JR. SAYRE HEALTH CENTER (SHC) IS BASED AT SAYRE HIGH SCHOOL, A PUBLIC SCHOOL IN WEST PHILADELPHIA THAT ENROLLS PREDOMINATELY LOW-INCOME AFRICAN-AMERICAN STUDENTS. IT IS A FEDERALLY-QUALIFIED HEALTH CENTER OFFERING COMPREHENSIVE HEALTH-CARE SERVICES TO THE ENTIRE COMMUNITY. SHC PROVIDES CLINICAL SERVICES TO COMMUNITY RESIDENTS AND EDUCATIONAL OPPORTUNITIES FOR HIGH SCHOOL, UNDERGRADUATE, AND GRADUATE STUDENTS: PENN MEDICAL STUDENTS ROTATE AT SHC AND PENN PHYSICIANS AND RESIDENTS PROVIDE PATIENT CARE. OUR RESIDENTS AND MEDICAL STUDENTS TEACH SAYRE STUDENTS SCIENCE AND HEALTH TOPICS, WITH A GOAL OF RECRUITING MORE MINORITIES TO THE MEDICAL FIELD. STUDENTS FROM ACROSS THE UNIVERSITY VOLUNTEER THEIR SERVICES THERE, AS WELL, INCLUDING PENN'S SCHOOLS OF NURSING, DENTAL MEDICINE, SOCIAL POLICY AND PRACTICE, ARTS AND SCIENCES, AND EDUCATION. SAYRE OFFERS ADDITIONAL SCHOOL DAY ACADEMIC ENRICHMENT, AFTER-SCHOOL PROGRAMS, NUTRITION CLASSES AND A SCHOOL-BASED GARDEN, COLLEGE ACCESS AND CAREER READINESS PROGRAMMING, YOUTH INTERNSHIPS, AND PEER HEALTH EDUCATION. ANOTHER ONE OF THE NETTER CENTER'S PROGRAMS IS THE AGATSTON URBAN NUTRITION INITIATIVE (AUNI), WHICH WORKS TO IMPROVE COMMUNITY NUTRITION AND HEALTH- PARTICULARLY IN THE AREAS OF OBESITY, POOR NUTRITION, AND RELATED DISEASES- BY DEVELOPING AND IMPLEMENTING A COMPREHENSIVE SET OF ACTIVITIES IN TARGETED NEIGHBORHOODS. WHILE AUNI'S EMPHASIS IS ON WEST PHILADELPHIA, IT PROVIDES NUTRITION EDUCATION FOR MORE THAN 10,000 STUDENTS AT 27 PUBLIC SCHOOLS ACROSS PHILADELPHIA. IN TOTAL, AN ESTIMATED 13,000 UNIVERSITY STUDENTS, FACULTY AND STAFF PARTICIPATE IN MORE THAN 300 PENN VOLUNTEER AND COMMUNITY SERVICE PROGRAMS EACH YEAR. IN FY 14, THE NETTER CENTER ENGAGED APPROXIMATELY 1,800 PENN UNDERGRADUATE AND GRADUATE STUDENTS THROUGH 65 ACADEMICALLY-BASED COMMUNITY SERVICE COURSES (OFFERED ACROSS 9 PENN SCHOOLS AND 25 DEPARTMENTS), 400 STUDENTS THROUGH COMMUNITY SERVICE FEDERAL WORK-STUDY AND PAID ACADEMIC INTERNSHIPS, AND 200 STUDENT VOLUNTEERS. THROUGH ITS VOLUNTEERS IN PUBLIC SERVICE PROGRAM (PENN VIPS), IT ENGAGED AN ESTIMATED 3,500 FACULTY, STAFF, AND ALUMNI VOLUNTEERS IN A WIDE VARIETY OF COMMUNITY SERVICE INITIATIVES. ADDITIONAL COMMUNITY SERVICE INITIATIVES AT PENN ARE COORDINATED BY THE CIVIC HOUSE, PENN'S HUB FOR STUDENT-LED COMMUNITY SERVICE AND SOCIAL ADVOCACY WORK THAT HAS OVER 2,500 STUDENT VOLUNTEERS EACH YEAR, AND THE ROBERT A. FOX LEADERSHIP PROGRAM, WHICH HAS SPONSORED NEARLY 250 FUNDED RESEARCH AND SERVICE FELLOWSHIPS FOR PENN UNDERGRADUATES AND RECENT ALUMNI IN RECENT YEARS. FOR 16 YEARS, THE SCHOOL OF NURSING'S LIVING INDEPENDENTLY FOR ELDERS (LIFE) PROGRAM HAS PROVIDED NURSING, MEDICAL, AND REHABILITATIVE CARE THAT HAS ENABLED MORE THAN 1,100 LOCAL SENIORS TO LIVE INDEPENDENTLY. AT THE SCHOOL OF VETERINARY MEDICINE, STUDENTS ROUTINELY TAKE COMPANION DOGS TO VISIT GUESTS AT THE PHILADELPHIA RONALD MCDONALD HOUSE TO COMFORT SICK CHILDREN AND THEIR FAMILIES SEEKING MEDICAL TREATMENT AT WEST PHILADELPHIA AREA HOSPITALS. THROUGH ITS CULTURAL INSTITUTIONS, THE UNIVERSITY OF PENNSYLVANIA MUSEUM OF ARCHAEOLOGY AND ANTHROPOLOGY, THE INSTITUTE OF CONTEMPORARY ART, AND THE ANNENBERG CENTER FOR THE PERFORMING ARTS, PENN OFFERS CULTURAL ENRICHMENT AND EDUCATION TO THE ENTIRE REGION, WITH EXHIBITS, PROGRAMS AND EVENTS THAT SPAN THE ENTIRE RANGE OF HUMAN HISTORY AND EVENTS. PENN HAS CALLED WEST PHILADELPHIA HOME SINCE 1874, AND IS STRONGLY COMMITTED TO MAKING THIS PART OF THE CITY A MORE ATTRACTIVE PLACE TO LIVE AND WORK. TOWARDS THIS END, THE UNIVERSITY PURCHASES GOODS AND SERVICES FROM LOCA 1986119266 0 2369314000 IV. PATIENT CARE THE HOSPITAL OF THE UNIVERSITY OF PENNSYLVANIA ("HUP"), THE FLAGSHIP OF THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM'S FOUR HOSPITALS, WAS ESTABLISHED IN 1874 AS A TEACHING HOSPITAL TO COMPLEMENT THE MEDICAL EDUCATION RECEIVED BY STUDENTS AT THE UNIVERSITY OF PENNSYLVANIA'S MEDICAL SCHOOL, THE PERELMAN SCHOOL OF MEDICINE. IT HAS 18 CLINICAL DEPARTMENTS AND PROVIDES TRAINING IN MORE THAN 40 CLINICAL SPECIALTIES. MAJOR AREAS OF INVESTIGATION INCLUDE HEART DISEASE, CANCER, AND DISEASES OF AGING INCLUDING ALZHEIMER'S DISEASE, WOMEN'S HEALTH, DIABETES AND OBESITY. THE HEALTH SYSTEM, WITH 1,893 LICENSED HOSPITAL BEDS, IS A VALUED HEALTH-CARE RESOURCE, ESPECIALLY TO PEOPLE RESIDING IN THE GREATER PHILADELPHIA AREA. DURING THE COURSE OF A YEAR, IT ADMITS 84,000 PATIENTS AND ACCOUNTS FOR OVER 2.8 MILLION OUTPATIENT VISITS, MORE THAN 179,000 EMERGENCY ROOM VISITS AND MORE THAN 9,000 BIRTHS. HUP IS THE ONLY HOSPITAL IN THIS AREA THAT PERFORMS TRANSPLANTS OF ALL MAJOR ORGANS. PENN MEDICINE'S LEVEL 1 TRAUMA CENTER, WHICH OPERATES AROUND THE CLOCK TO CARE FOR PATIENTS WHO HAVE BEEN CRITICALLY INJURED IN CAR ACCIDENTS, FALLS, AND THROUGH BLUNT AND PENETRATING TRAUMAS, IS NOW LOCATED AT PENN PRESBYTERIAN MEDICAL CENTER. THE CENTER CARES FOR MORE THAN 2,100 PATIENTS ANNUALLY, SEVERAL HUNDRED OF WHOM ARE TRANSFERRED FROM OTHER HOSPITALS VIA THE FLEET OF PENNSTAR MEDICAL HELICOPTERS AND GROUND AMBULANCES. BOTH HUP AND PENN PRESBYTERIAN MEDICAL CENTER ALSO CARE FOR A LARGE NUMBER OF PATIENTS WHO ARE TRANSFERRED HERE WITH TIME-SENSITIVE CARDIAC AND SURGICAL EMERGENCIES. IN KEEPING WITH ITS CHARITABLE PURPOSE, THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM (UPHS) (WHICH INCLUDES THE HUP AND CLINICAL PRACTICES OF THE UNIVERSITY OF PENNSYLVANIA (CPUP) DIVISIONS OF THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA), AS WELL AS CERTAIN AFFILIATES, ACCEPTS PATIENTS IN SERIOUS NEED OF MEDICAL CARE REGARDLESS OF THEIR FINANCIAL STATUS. THIS DEFINITION INCLUDES THOSE PATIENTS SUFFERING FROM A MEDICAL CONDITION MANIFESTING ITSELF BY ACUTE SYMPTOMS OF SUFFICIENT SEVERITY (INCLUDING SEVERE PAIN) SUCH THAT THE ABSENCE OF IMMEDIATE MEDICAL ATTENTION COULD REASONABLY BE EXPECTED TO RESULT IN (1) PLACING THE HEALTH OF THE INDIVIDUAL (OR, WITH RESPECT TO A PREGNANT WOMAN, THE HEALTH OF THE WOMAN OR HER UNBORN CHILD) IN SERIOUS JEOPARDY, OR (2) SERIOUS IMPAIRMENT TO BODILY FUNCTIONS. UPHS ALSO PROVIDES CARE TO PATIENTS WHO DO NOT HAVE HEALTH INSURANCE OR MEET THE CRITERIA TO QUALIFY FOR ITS CHARITY CARE POLICY, AND CERTAIN AMOUNTS CHARGED FOR SUCH SERVICES ARE DEEMED TO BE UNCOLLECTIBLE. UPHS MAINTAINS RECORDS TO IDENTIFY AND MONITOR THE LEVEL OF CHARITY CARE THEY PROVIDE. THESE RECORDS INCLUDE THE AMOUNT OF PAYMENT FORGONE, BASED ON ESTABLISHED RATES, FOR SERVICES AND SUPPLIES FURNISHED UNDER ITS CHARITY CARE POLICY. UPHS ESTIMATED PROVIDING CARE TO CHARITY PATIENTS TOTALING $10,680,000 AND $8,530,000 DURING FISCAL YEAR 2014 AND FISCAL YEAR 2013, RESPECTIVELY, FROM PROVIDING SERVICES TO CHARITY PATIENTS. THE ESTIMATED COSTS OF PROVIDING CHARITY SERVICES ARE BASED ON DATA DERIVED FROM A COMBINATION OF THE UPHS' COST ACCOUNTING SYSTEM AND THE RATIO OF COSTS TO CHARGES. UPHS ALSO PROVIDES CARE TO PATIENTS WHO DO NOT HAVE HEALTH INSURANCE OR MEET THE CRITERIA TO QUALIFY FOR ITS CHARITY CARE POLICY. ADDITIONALLY, THE COSTS OF PROVIDING SERVICES TO ELIGIBLE WELFARE RECIPIENTS, WHO PARTICIPATE IN THE PENNSYLVANIA MEDICAL ASSISTANCE AND LOCAL MANAGED MEDICAID PROGRAMS EXCEEDED REIMBURSEMENT BY $120,414,000 AND $111,179,000 IN FISCAL YEARS 2014 AND 2013, RESPECTIVELY. IN ADDITION TO PROVIDING DIRECT PATIENT CHARITY CARE, IN FURTHERANCE OF ITS EXEMPT PURPOSE TO BENEFIT THE COMMUNITY, THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM RECENTLY COMPLETED A COMMUNITY HEALTH NEEDS ASSESSMENT TO IDENTIFY THE MOST PRESSING HEALTH NEEDS IN THE SERVICE AREA AND DETERMINE HOW BEST TO ADDRESS THOSE NEEDS. THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM OPERATES EMERGENCY ROOMS OPEN TO THE PUBLIC 24 HOURS A DAY, 7 DAYS A WEEK; MAINTAINS RESEARCH FACILITIES FOR THE STUDY OF DISEASE AND INJURIES; PROVIDES FACILITIES FOR TEACHING AND TRAINING VARIOUS STUDENTS AND MEDICAL PERSONNEL; FACILITATES THE ADVANCEMENT OF MEDICAL AND SURGICAL EDUCATION; AND PROVIDES VARIOUS COMMUNITY SERVICES SUCH AS PROVIDING BASIC MEDICAL CARE FOR THE HOMELESS, TREATING OF CHRONIC DISEASE FOR LOW-INCOME RESIDENTS, AND PROVIDING WOMEN'S HEALTH SERVICES TO UNINSURED AND LOW-INCOME WOMEN OF ALL AGES; SCREENINGS FOR THE DETECTION OF BREAST, COLORECTAL, AND SKIN CANCER, CANCER SUPPORT GROUPS, A TOLL FREE NUMBER FOR CANCER INFORMATION, FREE IMMUNIZATION SHOTS, TRAINING PROGRAMS FOR THE CITY FIRE AND POLICE DEPARTMENTS, HEALTH EDUCATION CLASSES AND SPEECHES. BELOW ARE SOME EXPANDED PROGRAM DESCRIPTIONS FOR JUST A SMALL NUMBER OF THE MANY COMMUNITY CARE INITIATIVES UNDERWAY AT PENN MEDICINE: -COMMUNITY MEDICINE ROTATION: PENN FAMILY MEDICINE RESIDENTS PARTICIPATE IN A COMMUNITY MEDICINE ROTATION IN FOUR-WEEK BLOCKS IN THEIR SECOND AND THIRD YEARS. COMPONENTS INCLUDE SERVICE AT UNITED COMMUNITY CLINICS, WHICH SERVES LOW-INCOME PATIENTS FROM OUR WEST PHILADELPHIA COMMUNITY; UNITY CLINIC, WHICH PROVIDES SERVICE TO A SOUTHEAST ASIAN IMMIGRANT POPULATION; PREVENTION POINT PHILADELPHIA STREETSIDE HEALTH PROJECT, WHICH PROVIDES CARE TO PATIENTS STRUGGLING WITH HOMELESSNESS AND SUBSTANCE ABUSE; TWO FEDERALLY QUALIFIED HEALTH CENTERS (HADDINGTON HEALTH SERVICES AND FAMILY PRACTICE AND COUNSELING NETWORK), WHICH PROVIDE CARE WITHIN THE PHILADELPHIA HEALTH CARE SAFETY NET; MAZZONI CENTER, WHICH TARGETS THE LESBIAN, GAY, BISEXUAL, AND TRANSGENDER COMMUNITIES; HEALTH PROMOTION SESSIONS IN LOCAL NURSING HOMES AND ADULT DAY-CARE FACILITIES; A HOME VISITATION PROGRAM; AND SESSIONS WITH THE PHILADELPHIA DEPARTMENT OF PUBLIC HEALTH'S FOOD SAFETY INSPECTION SERVICES. -PENNSYLVANIA HOSPITAL'S WOMEN & CHILDREN'S HEALTH SERVICES (WCHS) AND LATINA COMMUNITY HEALTH SERVICES (LCHS): WCHS IS A NON-PROFIT AMBULATORY HEALTHCARE FACILITY SPECIALIZING IN THE PROVISION OF OBSTETRICAL, GYNECOLOGIC AND FAMILY PLANNING SERVICES. SINCE ITS INCEPTION 30 YEARS AGO, WCHS HAS PROVIDED QUALITY MEDICAL CARE TO ALL PATIENTS, REGARDLESS OF THEIR ABILITY TO PAY. LATINA COMMUNITY HEALTH SERVICES WAS DEVELOPED IN 2008 AND SERVES HISPANIC, UNDOCUMENTED WOMEN THROUGH ONGOING AND HIGH-RISK OBSTETRIC AND GYNECOLOGIC CARE, PRENATAL DIAGNOSTIC TESTING (ULTRASOUND, BIOPHYSICAL PROFILES, NON-STRESS TESTS), LABORATORY TESTING, CONTRACEPTIVES, CERVICAL CANCER SCREENING, AND MEDICATIONS TO TREAT STDS. NEIGHBORHOOD-BASED BILINGUAL LAY HEALTH PROMOTERS TRAINED BY PENN NURSE COORDINATORS ALSO TEACH COMMUNITY MEMBERS ABOUT CERVICAL CANCER PREVENTION AND SCHEDULE PARTICIPANTS FOR PAP SCREENINGS. -PUENTES DE SALUD/BRIDGES OF HEALTH, A NONPROFIT ORGANIZATION VOLUNTARILY STAFFED BY PENN MEDICINE DOCTORS, NURSES, AND MEDICAL STUDENTS, PROVIDES LOW-COST PRIMARY CARE TO UNDOCUMENTED AND UNINSURED LATINO IMMIGRANTS. IT WAS ESTABLISHED IN 2002 BY A PENN EMERGENCY MEDICINE PHYSICIAN WHO OVERSEES THE PROGRAM ON A VOLUNTEER BASIS. PUENTES HAS GROWN TO INCLUDE SERVICES BY STUDENTS FROM PENN'S SCHOOLS OF SOCIAL POLICY & PRACTICE, LAW, AND DENTAL MEDICINE -- AS WELL AS STUDENTS FROM OTHER AREA UNIVERSITIES AND HOSPITALS. TRAINED PROMOTORAS DE SALUD/HEALTH PROMOTERS FROM THE COMMUNITY ESCORT PATIENTS TO THEIR VISITS AND ENSURE COMPLIANCE WITH THEIR HEALTH CARE MANAGEMENT PLANS. MORE RECENTLY, THE ORGANIZATION EXPANDED TO INCLUDE PUENTES HACIA EL FUTURO, AN AFTER-SCHOOL PROGRAM FOR ELEMENTARY SCHOOL STUDENTS, WHICH NOW INCLUDES MORE THAN 100 VOLUNTEER TUTORS FROM PENN AND AREA COLLEGES. -THE PENN ASIAN HEALTH INITIATIVES (PAHI) IS STAFFED BY PENN MEDICINE FACULTY, FAMILY MEDICINE RESIDENTS, AND MEDICAL STUDENTS FROM THE ASIAN AND PACIFIC AMERICAN MEDICAL STUDENT ASSOCIATION. PAHI IS BASED IN THE DEPARTMENT OF FAMILY MEDICINE AND COMMUNITY HEALTH. IT PROVIDES PRIMARY HEALTH CARE SERVICES, INCLUDING TESTING, TREATMENT, AND EDUCATION, TO LOW-INCOME ASIAN IMMIGRANTS, MOSTLY NON-ENGLISH SPEAKING INDONESIAN AND VIETNAMESE PATIENTS. THE PROGRAM'S ASIAN PHYSICIANS ALSO MENTOR PENN'S ASIAN MEDICAL STUDENTS, UNDERGRADUATES, AND PUBLIC-HEALTH GRADUATE STUDENTS. -IMPACT IS A PEER-SUPPORT PROGRAM THAT TRAINS AREA RESIDENTS TO BECOME COMMUNITY HEALTH WORKERS, WHO IN TURN HELP LOW-INCOME PATIENTS MAINTAIN THEIR HEALTH AND STAY OUT OF THE HOSPITAL. THE WORKERS HELP PATIENTS SCHEDULE DOCTORS' APPOINTMENTS AND TESTS, OBTAIN MEDICATIONS AND ADHERE TO TAKING THEM, AND FIND CHILD CARE, TRANSPORTATION, AND SHELTER. IMPACT'S PHILOSOPHY IS THAT COMMUNITY HEALTH WORKERS, THROUGH COMMON LANGUAGE, ETHNIC, AND GEOGRAPHIC BACKGROUNDS, CAN HELP KEEP PATIENTS HEALTHY BY REDUCING OPPORTUNITIES FOR BREAKDOWNS IN COMMUNICATION BETWEEN PATIENTS AND CARE PROVIDERS. THE PROGRAM HAS TWO COMPONENTS, ONE FOR DISCHARGED INPATIENTS AND ONE FOR OUTPATIENTS. -CUT HYPERTENSION IS A PROGRAM FOUNDED IN 2010 AND OPERATED BY PENN MEDICAL STUDE 4626765464 true true false true false true false true false true true true false false true true false true true true true true true true true false true true false true true true false false false false false true false false false true true true false false true true true true false false true X 6434 0 true 56003 true true true true BD BC CH FR HK JA SP AE UK false false false true true true 3 false false false false false false X 56 51 false false false false false false false true true false false true true true true true true true true true true AL AK AR CA CO CT DC FL GA HI KS KY LA MA MI MN MS NH ND OH OK OR PA RI SC UT WA WV WI X LESLIE KRUHLY SECRETARY 2158987005 211 COLLEGE HALL PHILADELPHIA PA 191046303 ALLAN C BELL ESQ TRUSTEE 3.0 0.0 X 0 0 0 SCOTT L BOK ESQ TRUSTEE 3.0 0.0 X 0 0 0 JUDITH L BOLLINGER TRUSTEE 3.0 0.0 X 0 0 0 DAVID M BRUSH TRUSTEE 3.0 0.0 X 0 0 0 GILBERT F CASELLAS ESQ TRUSTEE 3.0 0.0 X 0 0 0 DR WILLIAM W M CHEUNG DMD TRUSTEE 3.0 0.0 X 0 0 0 DR RAYMOND K F CH'IEN TRUSTEE 3.0 0.0 X 0 0 0 DAVID L COHEN ESQ CHAIRPERSON 3.0 0.0 X X 0 0 0 SUSAN FRIER DANILOW ESQ TRUSTEE 3.0 0.0 X 0 0 0 JAMES G DINAN TRUSTEE 3.0 0.0 X 0 0 0 LEE SPELMAN DOTY TRUSTEE 3.0 0.0 X 0 0 0 CONNIE K DUCKWORTH TRUSTEE 3.0 0.0 X 0 0 0 WILLIAM P EGAN II TRUSTEE-THRU 12/31/13 3.0 0.0 X 0 0 0 DAVID ERTEL TRUSTEE 3.0 0.0 X 0 0 0 JAY S FISHMAN TRUSTEE 3.0 0.0 X 0 0 0 SARAH WILDER FULLER TRUSTEE 3.0 0.0 X 0 0 0 MICHAEL F GERBER TRUSTEE 3.0 0.0 X 0 0 0 PERRY GOLKIN ESQ TRUSTEE 3.0 0.0 X 0 0 0 JOEL M GREENBLATT TRUSTEE 3.0 0.0 X 0 0 0 JAMES H GREENE JR TRUSTEE 3.0 0.0 X 0 0 0 VAHAN H GUREGHIAN TRUSTEE 3.0 0.0 X 0 0 0 JANET F HAAS MD TRUSTEE 3.0 0.0 X 0 0 0 ANDREW R HEYER TRUSTEE 3.0 0.0 X 0 0 0 HON JON M HUNTSMAN JR TRUSTEE 3.0 0.0 X 0 0 0 OSAGIE O IMASOGIE ESQ TRUSTEE 3.0 0.0 X 0 0 0 JAMES C JOHNSON ESQ TRUSTEE 3.0 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0 0 MARIE A SAVARD MD TRUSTEE 3.0 0.0 X 0 0 0 JULIE BREIER SEAMAN TRUSTEE 3.0 0.0 X 0 0 0 JOHN P SHOEMAKER TRUSTEE 3.0 0.0 X 0 0 0 DAVID M SILFEN VICE CHAIRPERSON 3.0 0.0 X X 0 0 0 AMB MARTIN J SILVERSTEIN TRUSTEE 3.0 0.0 X 0 0 0 DR KRISHNA P SINGH TRUSTEE 3.0 0.0 X 0 0 0 CAROL ELIZABETH WARE TRUSTEE 3.0 0.0 X 0 0 0 MARK B WERNER TRUSTEE 3.0 0.0 X 0 0 0 MARK O WINKLEMAN TRUSTEE 3.0 0.0 X 0 0 0 EHSAN EL-TAHRY ZAYAN TRUSTEE 3.0 0.0 X 0 0 0 HON THOMAS CORBETT EX-OFFICIO TRUSTEE 3.0 0.0 X 0 0 0 DR AMY GUTMANN PRESIDENT, EX-OFFICIO TRUSTEE 40.0 0.0 X X 3027353 0 398753 CRAIG CARNAROLI EXECUTIVE VICE PRESIDENT 40.0 1.0 X 1044624 0 86608 JEFFREY COOPER VP GOVT & COMMUNITY RELATIONS 40.0 0.0 X 358319 0 49579 BONNIE GIBSON VP BUDGET AND MGMT ANALYSIS 40.0 0.0 X 378827 0 47313 STEPHEN GOLDING VP FINANCE AND TREASURER 40.0 3.0 X 437737 0 54851 JOHN HEUER VP HUMAN RESOURCES 40.0 0.0 X 416685 0 36508 JOHN HORN COMPTROLLER 40.0 0.0 X 281565 0 30159 LARRY JAMESON VP AND DEAN OF PSOM 40.0 0.0 X 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707253 0 35581 REBECCA COOKE VICE DEAN, ADMIN PSOM 40.0 0.0 X 496387 0 44874 PETER DEGNAN SENIOR ASSOCIATE DEAN 40.0 0.0 X 346553 0 40428 STEVEN J FLUHARTY DEAN OF SAS 40.0 0.0 X 460661 0 61973 GLEN N GAULTON VICE DEAN, PSOM 40.0 0.0 X 812940 0 38226 ELIZABETH B JOHNSTON EXECUTIVE DIRECTOR CPUP 40.0 2.0 X 985552 0 118105 KEITH KASPER CFO, UPHS 25.0 24.0 X 1043705 0 137626 JAMES MATTHEW LANE VICE DEAN OF SAS 40.0 0.0 X 128074 0 26891 KEVIN MAHONEY SENIOR VP, CHIEF ADMIN OFFICER 40.0 7.0 X 1018441 0 137543 GAIL MORRISON VICE DEAN, EDUCATION PSOM 40.0 0.0 X 658315 0 42148 RALPH MULLER CEO, UPHS 40.0 8.0 X 2448963 0 15273 PHILIP OKALA SR VP BUSINESS DEVELOPMENT 40.0 0.0 X 522697 0 70028 PETER D QUINN MD DMD SR VP, VICE DEAN, PSOM 40.0 2.0 X 1376090 0 40067 THOMAS ROBERTSON DEAN OF WHARTON 40.0 0.0 X 735247 0 36709 GARRY L SCHEIB COO, UPHS 40.0 6.0 X 1516903 0 192827 THOMAS L SPRAY MD CHOP- SURGERY 40.0 0.0 X 1847760 0 33941 MICHAEL SEAN GRADY MD SURGEON - OTORHINOLARYNGOLOGY 40.0 0.0 X 1809243 0 50589 WILLIAM C WELCH MD NEUROSURGERY 40.0 0.0 X 1565713 0 9016 PAUL MARCOTTE MD NEUROSURGERY 40.0 0.0 X 1539750 0 20642 ROSALIE ELENITSAS MD DERMATOLOGY 40.0 0.0 X 1480009 0 51630 ROBIN BECK FORMER VP, ISC 40.0 0.0 X 148006 0 56145 ARTHUR RUBENSTEIN FORMER VP, DEAN, PSOM 40.0 0.0 X 461982 0 44830 KRISTIN GILBERTSON FORMER CHIEF INVESTMENT OFFCR 0.0 0.0 X 163652 0 16240 37230698 0 3844391 5370 true true false LF DRISCOLL CO 9 PRESIDENTIAL BLVD BALA CYNWYD PA 19107 CONSTRUCTION MGMT 46164263 GOOD SHEPHERD PENN PARTNERS 850 S 5TH STREET ALLENTOWN PA 18103 REHAB & MGMT SVCS 33681948 TRISTATE BENEFIT SOLUTIONS 619 OAK STREET 1ST FLOOR CINCINNATI OH 45206 BILLING SERVICES 19280699 ALLIED BARTON SECURITY SERVICES EIGHT TOWER BRIDGE CONSHOHOCKEN PA 19428 SECURITY SERVICES 15991294 COMPASS GROUP USA 2400 YOURKMONT ROAD CHARLOTTE NC 28127 DINING SERVICES 13133452 501 X 262231 912915000 398433769 168570191 1311611000 TUITION & FEES 611310 1111906000 1111906000 NET PATIENT SERVICE HEALTHCARE REVENUES 622110 2369315000 2369315000 AUXILIARY ENTERPRISES 611710 417266000 417266000 OTHER PROGRAM SERVICE REVENUES 611710 86134205 68807543 17326662 3984621205 109246000 337053 108908947 0 19726000 19726000 4443000 7000 4443000 7000 4450000 4450000 9009628000 1194000 8441149000 0 568479000 1194000 569673000 569673000 51887 262231 153092 -101205 -101205 0 5597000 3984000 1613000 1613000 0 6000839000 3968907543 17663715 702656742 0 0 374920000 374920000 11702822 11702822 0 38760119 36822113 1938006 0 6296608 5981778 314830 0 2189607273 1910954468 240856800 37796005 118109000 101076000 12992000 4041000 372798000 319034000 41008000 12756000 143730000 125439000 15810000 2481000 21743000 18047000 2720000 976000 16470000 13670000 2791000 9000 2607000 2268000 335000 4000 85000 71000 14000 0 667000 667000 29438000 24434000 5004000 0 327753000 276852000 45885000 5016000 17569000 14437000 2811000 321000 138461000 120889000 9692000 7880000 21921000 18194000 3436000 291000 0 0 0 0 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16398248000 X 809396000 740369000 -39856000 X false true X true true true X 1131214000 1451557000 1314155000 1383430000 1311611000 6591967000 0 0 1131214000 1451557000 1314155000 1383430000 1311611000 6591967000 0 6591967000 95070000 114057436 139371259 190848313 133084947 672431955 0 0 0 0 0 0 1741000 1862000 1726000 1449000 1613000 8391000 7272789955 18335124498 0.90639 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true true false false false false true 1181004 false false 1181004 false DETAIL OF LOBBYING ACTIVITIES- SCHEDULE C, PART II-B THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA (THE "UNIVERSITY") ALUMNI AND TRUSTEES OCCASIONALLY ENGAGE IN ADVOCACY RELATED TO FEDERAL AND STATE APPROPRIATIONS FOR PROGRAMS OF IMPORTANCE TO THE UNIVERSITY. THE UNIVERSITY MAINTAINS AN OFFICE OF FEDERAL RELATIONS, WHOSE MAIN FUNCTION IS TO KEEP THE UNIVERSITY COMMUNITY APPRISED OF FEDERAL DEVELOPMENTS WHICH MAY HAVE AN IMPACT ON THE UNIVERSITY INCLUDING, AMONG OTHERS, PENDING CHANGES TO THE INTERNAL REVENUE CODE, RESEARCH FUNDING AND ISSUES OF STUDENT AID. THE UNIVERSITY, A PRIVATE NON-PROFIT EDUCATIONAL INSTITUTION, RECEIVES DIRECT ANNUAL NON-PREFERRED APPROPRIATIONS FROM THE COMMONWEALTH OF PENNSYLVANIA. THE AMOUNT AND CONTINUATION OF THESE APPROPRIATIONS ARE NOT GUARANTEED. THEREFORE, THE UNIVERSITY MAINTAINS AN OFFICE OF COMMONWEALTH RELATIONS IN ORDER TO SUPPORT, JUSTIFY, AND COORDINATE THESE APPROPRIATION REQUESTS BEFORE THE STATE DEPARTMENT OF AGRICULTURE, OTHER APPROPRIATE AGENCIES OF THE EXECUTIVE BRANCH, AND THE GENERAL ASSEMBLY. THE MAJORITY OF THIS OFFICE'S EFFORTS ARE RELATED TO ACTIVITIES SUPPORTING THESE APPROPRIATION REQUESTS. ADDITIONALLY, THIS OFFICE MAY ALSO CONDUCT MINIMAL LOBBYING ACTIVITIES RELATED TO OTHER ISSUES, SUCH AS STUDENT AID AND OTHER PROGRAMS RELATED TO HIGHER EDUCATION. IN CONJUNCTION WITH THESE TYPES OF LOBBYING ACTIVITIES, THE UNIVERSITY HAS CONTRACTED WITH PROFESSIONAL LOBBYISTS TO CONTACT LEGISLATORS IN CONNECTION WITH THE UNIVERSITY'S ANNUAL APPROPRIATIONS. THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM, THROUGH ITS OFFICE OF GOVERNMENTAL AFFAIRS, CONDUCTED LOBBYING ACTIVITIES WITH RESPECT TO HEALTH CARE RELATED ISSUES AND LEGISLATION. THESE ACTIVITIES INCLUDED MEETING WITH LEGISLATORS, THEIR STAFF, AND GOVERNMENTAL OFFICIALS, AS WELL AS CONDUCTING SEMINARS. 3 0 158000 1862973 true true 3757383 50529892 X false 7827594279 294067010 1323529783 0 277022000 0 9168169072 6816978627 327276890 941202272 0 257261000 0 7828196789 6254552023 339992512 454967092 0 232533000 0 6816978627 5385975350 126576673 949861000 0 207861000 0 6254552023 4906520000 126500644 575762673 0 222807967 0 5385975350 0.44860 0.22600 0.32540 true false 229814000 229814000 5585283000 2340298000 3244985000 1157528000 926116000 231412000 328654000 0 328654000 4034865000 VENTURE CAPITAL & OTHER INVEST 3607569775 F REAL ESTATE 437322965 F INVESTMENT IN SUBSIDIARIES 31302000 F 4076194740 0 LIABILITIES ASSOCIATED W/ INVESTMENTS 183211000 DEPOSITS, ADVANCES, AGENCY FUNDS 120863000 FEDERAL STUDENT LOAN ADVANCES 79938000 ACCRUED RETIREMENT BENEFITS 873670000 INTERCOMPANY DUE TO AFFILIATES 245000 TAXABLE BOND LIABILITY 300000000 1557927000 X DESCRIPTION OF COLLECTIONS- SCHEDULE D, PART III, LINE 4 THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA (THE "UNIVERSITY") CURRENTLY MAINTAINS 14 LIBRARIES. THE COLLECTIONS, AS A WHOLE, INCLUDE INFORMATION FROM NUMEROUS FIELDS OF STUDY. THE UNIVERSITY'S DEPARTMENTAL LIBRARIES ARE GENERALLY SUBJECT SPECIFIC (MATH/PHYSICS/ASTRONOMY, FINE ARTS, BUSINESS, MUSIC, BIOMEDICAL, DENTAL MEDICINE, VETERINARY MEDICINE, ETC.) AND THE VAN PELT-DIETRICH LIBRARY CENTER HOUSES INFORMATION FROM ALL OF THESE AREAS, AS WELL AS THE RARE BOOK COLLECTION AND ALL OF THE HUMANITIES. SUBJECT HOLDINGS INCLUDE PHILOSOPHY, PSYCHOLOGY, RELIGION, HISTORY, GEOGRAPHY, ANTHROPOLOGY, RECREATION, SOCIAL SCIENCE, ECONOMICS, SOCIOLOGY, POLITICAL SCIENCE, LAW, EDUCATION, LITERATURE, SCIENCE, AGRICULTURE, TECHNOLOGY, MILITARY SCIENCE, AND GENERAL BIBLIOGRAPHY. THE LIBRARIES' COLLECTIONS, BOTH PRINT AND ELECTRONIC, DIRECTLY SUPPORT THE RESEARCH AND INSTRUCTION MISSION OF THE UNIVERSITY BY ENSURING ACCESS TO CURRENT AND HISTORICAL INFORMATION. THE UNIVERSITY DOES NOT SOLICIT OR RECEIVE DONATIONS OF ART, HISTORICAL TREASURES OR OTHER SIMILAR ASSETS TO BE SOLD IN ORDER TO RAISE FUNDS RATHER THAN TO BE MAINTAINED AS PART OF THE ORGANIZATION'S COLLECTION. ANY PROSPECTIVE ACCESSIONING OR DEACCESSIONING OF MATERIALS IS REVIEWED BY THE MUSEUM'S ACQUISITIONS COMMITTEE IN ACCORDANCE WITH THE MUSEUM'S ACQUISITIONS POLICY AND PROCEDURES. ALL OBJECTS CONSIDERED FOR ACQUISITION ARE REVIEWED IN LIGHT OF THE 1970 UNESCO CONVENTION. OBJECTS OFFERED TO THE MUSEUM AND IMPORTED INTO THE UNITED STATES PRIOR TO THE ADOPTION OF THE UNESCO CONVENTION OF 1970 ARE CONSIDERED IN LIGHT OF THE LAWS IN PLACE IN THEIR COUNTRIES OF ORIGIN AT THE TIME OF THEIR DOCUMENTED APPEARANCE IN THE UNITED STATES. ACCESSIONED COLLECTIONS, WHICH ARE DOCUMENTED ARCHAEOLOGICAL AND ETHNOGRAPHIC MATERIAL, ARE ACQUIRED PRIMARILY FOR RESEARCH, EXHIBITION, AND PRESERVATION PURPOSES. THEY ARE ACCESSIONED UNDER THE CARE OF THE CURATORIAL SECTIONS. ARCHIVAL COLLECTIONS, WHICH ARE RECORDS OF EXPEDITIONS, RESEARCH, EXHIBITIONS, OR MUSEUM ADMINISTRATIVE RECORDS IN THE FORM OF EITHER DOCUMENTS OR VISUAL IMAGES (E.G. PHOTOGRAPHS) ARE ACCESSIONED UNDER THE CARE OF THE MUSEUM ARCHIVES. EDUCATIONAL MATERIALS, WHICH ARE OBJECTS WHOSE SOLE USE IS TO FACILITATE VARIOUS EDUCATIONAL PROGRAMS (E.G. OUTREACH PRESENTATIONS, TEACHERS' PACKAGES, OR CHILDREN'S WORKSHOPS) ARE DESIGNATED FOR TOUCHING AND HANDLING, ARE NOT ACCESSIONED AND ARE MANAGED BY THE LEARNING PROGRAMS DEPARTMENT. -------------------- USE OF ENDOWMENT FUNDS- SCHEDULE D, PART V DURING THE YEAR ENDED JUNE 30, 2014, THE UNIVERSITY'S ENDOWMENT CONSISTED OF 5,539 DONOR-RESTRICTED PERMANENT OR TERM ENDOWMENT FUNDS AND 844 UNRESTRICTED ENDOWMENT FUNDS ESTABLISHED BY THE UNIVERSITY'S BOARD OF TRUSTEES TO BE USED IN FURTHERANCE OF THE ORGANIZATION'S TAX-EXEMPT PURPOSES. -------------------- TEXT OF FIN 48 (ASC 740) FOOTNOTE- SCHEDULE D, PART X THE UNIVERSITY EVALUATES ITS TAX POSITION BASED ON THE FASB STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH REQUIRES THE USE OF A TWO-STEP APPROACH FOR RECOGNIZING AND MEASURING TAX BENEFITS TAKEN OR EXPECTED TO BE TAKEN IN AN UNRELATED BUSINESS ACTIVITY TAX RETURN AND DISCLOSURES REGARDING UNCERTAINTIES IN TAX POSITIONS. THE FIRST STEP IS RECOGNITION: THE UNIVERSITY DETERMINES WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS OF THE POSITION. IN EVALUATING WHETHER A TAX POSITION HAS MET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD, THE UNIVERSITY PRESUMES THAT THE POSITION WILL BE EXAMINED BY THE APPROPRIATE TAXING AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. THE SECOND STEP IS MEASUREMENT: A TAX POSITION THAT MEETS THE MORE-LIKELY-THAN-NOT THRESHOLD IS MEASURED TO DETERMINE THE AMOUNT OF BENEFIT TO RECOGNIZE IN THE FINANCIAL STATEMENTS. THE TAX POSITION IS MEASURED AT THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN 50 PERCENT LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. DIFFERENCE BETWEEN TAX POSITIONS TAKEN IN A TAX RETURN AND AMOUNTS RECOGNIZED IN THE FINANCIAL STATEMENTS WILL GENERALLY RESULT IN AN INCREASE IN A LIABILITY FOR INCOME TAXES PAYABLE OR A REDUCTION OF AN INCOME TAX REFUND RECEIVABLE. -------------------- OTHER LIABILITIES DETAIL- SCHEDULE D, PART X THE INTERCOMPANY DUE TO AFFILIATES BALANCE INCLUDES AMOUNTS OWED TO AFFILIATES BASED UPON THE UNIVERSITY'S CENTRAL MANAGEMENT OF THE CASH HELD BY CERTAIN AFFILIATES. true true true true true true true false false false false false false false false true false true RACIAL NONDISCRIMINATORY POLICY PUBLICATION- FORM 990, SCHEDULE E, LINE 3 THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA (THE UNIVERSITY) PUBLISHES ITS RACIALLY NON-DISCRIMINATORY POLICY IN THE STUDENT CATALOGUE, ON ITS FINANCIAL AID APPLICATIONS AND IN OTHER BROCHURES WHICH DESCRIBE THE UNIVERSITY OF PENNSYLVANIA, ITS SCHOOLS, CENTERS, AND INSTITUTES. -------------------- FINANCIAL AID/ASSISTANCE FROM GOV'T AGENCY- FORM 990, SCHEDULE E, LINE 6A THE UNIVERSITY IS A PRIVATE NON-PROFIT INSTITUTION THAT RECEIVES DIRECT ANNUAL NON-PREFERRED APPROPRIATIONS FROM THE COMMONWEALTH OF PENNSYLVANIA. THE UNIVERSITY AlSO RECEIVES VARIOUS GOVERNMENTAL FUNDING WHICH SUPPORTS ITS EDUCATIONAL, PATIENT CARE, AND RESEARCH MISSIONS. true Central America and the Caribbean 0 9 Send agents to seminar 83261 Central America and the Caribbean 0 1 Conduct board meetings 7935 Central America and the Caribbean 0 5 Fundraising 50669 Central America and the Caribbean 0 43 Program Services education & training 168197 Central America and the Caribbean 0 3 Program Services field research 11329 Central America and the Caribbean 0 1 Program Services social research 17242 Central America and the Caribbean 0 0 Program Services study abroad/education 27356 Central America and the Caribbean 0 0 Program Services study abroad/research 14544 Central America and the Caribbean 0 0 Program Services recruiting 3634 Central America and the Caribbean 0 0 Investments 1262901209 East Asia and the Pacific 0 227 Send agents to seminar 1328499 East Asia and the Pacific 0 0 Conduct board meetings 24689 East Asia and the Pacific 0 27 Fundraising 935101 East Asia and the Pacific 0 3 Program Services clinical trials 3653 East Asia and the Pacific 0 49 Program Services education & training 2413741 East Asia and the Pacific 0 44 Program Services field research 625481 East Asia and the Pacific 0 17 Program Services social research 54034 East Asia and the Pacific 1 8 Program Services study abroad/education 1284143 East Asia and the Pacific 0 0 Program Services study abroad/research 141828 East Asia and the Pacific 0 19 Program Services recruiting 378056 East Asia and the Pacific 0 0 Investments 179146491 Europe (Including Iceland and Greenland) 0 432 Send agents to seminar 2227713 Europe (Including Iceland and Greenland) 0 1 Conduct board meetings 74513 Europe (Including Iceland and Greenland) 0 61 Fundraising 1448994 Europe (Including Iceland and Greenland) 0 3 Program Services clinical trials 14042 Europe (Including Iceland and Greenland) 0 52 Program Services education & training 2568972 Europe (Including Iceland and Greenland) 0 246 Program Services field research 3327816 Europe (Including Iceland and Greenland) 0 6 Program Services social research 799102 Europe (Including Iceland and Greenland) 1 17 Program Services study abroad/education 4631631 Europe (Including Iceland and Greenland) 0 5 Program Services study abroad/research 159020 Europe (Including Iceland and Greenland) 0 7 Program Services recruiting 86889 Europe (Including Iceland and Greenland) 0 0 Investments 126965451 Middle East and North Africa 0 8 Send agents to seminar 67768 Middle East and North Africa 0 3 Fundraising 33933 Middle East and North Africa 0 12 Program Services education & training 506230 Middle East and North Africa 1 12 Program Services field research 103945 Middle East and North Africa 0 10 Program Services social research 42966 Middle East and North Africa 0 1 Program Services study abroad/education 309167 Middle East and North Africa 0 0 Program Services study abroad/research 178274 Middle East and North Africa 0 71 Program Services recruiting 39032 North America 0 142 Send agents to seminar 280826 North America 0 0 Conduct board meetings 836 North America 0 13 Fundraising 60651 North America 0 3 Program Services clinical trials 435109 North America 0 11 Program Services education & training 355744 North America 0 20 Program Services field research 270637 North America 0 2 Program Services social research 5662 North America 0 1 Program Services study abroad/education 24486 North America 0 0 Program Services study abroad/research 21479 North America 0 1 Program Services recruiting 10221 North America 0 0 Investments 240398378 Russia and the Newly Independent States 0 25 Send agents to seminar 8089 Russia and the Newly Independent States 0 2 Program Services clinical trials 29531 Russia and the Newly Independent States 0 6 Program Services education & trianing 204578 Russia and the Newly Independent States 0 10 Program Services field research 161214 Russia and the Newly Independent States 0 0 Program Services study abroad/education 325242 Russia and the Newly Independent States 0 0 Program Services study abroad/research 40542 Russia and the Newly Independent States 0 0 Program Services recruiting 8220 South America 0 79 Send agents to seminar 71323 South America 0 2 Fundraising 14285 South America 0 12 Program Services education & training 1351685 South America 0 23 Program Services field research 481118 South America 0 4 Program Services social research 9065 South America 0 1 Program Services study abroad/education 1354698 South America 0 0 Program Services study abroad/research 114704 South America 0 1 Program Services recruiting 45908 South Asia 0 49 Send agents to seminar 43412 South Asia 0 0 Conduct board meetings 5318 South Asia 0 5 Fundraising 111529 South Asia 0 12 Program Services education & training 634529 South Asia 0 14 Program Services field research 98695 South Asia 0 1 Program Services social research 91590 South Asia 0 3 Program Services study abroad/education 247801 South Asia 0 0 Program Services study abroad/research 24393 South Asia 0 0 Program Services recruiting 22922 Sub-Saharan Africa 0 5 Send agents to seminar 39460 Sub-Saharan Africa 0 0 Conduct board meetings 712 Sub-Saharan Africa 0 56 Program Services education & training 320972 Sub-Saharan Africa 0 120 Program Services field research 2836990 Sub-Saharan Africa 0 5 Program Services social research 178494 Sub-Saharan Africa 0 1 Program Services study abroad/education 595128 Sub-Saharan Africa 0 0 Program Services study abroad/research 153612 Sub-Saharan Africa 0 1 Program Services recruiting 55084 0 429 3 1604 3 2033 1268670574 576080848 1844751422 Europe (Including Iceland and Greenland) PERFORMANCE SUPPORT 20000 CHECK N/A N/A North America CGCS IRAN MEDIA PROGRAM 106800 WIRE N/A N/A Europe (Including Iceland and Greenland) RESEARCH 23002 WIRE N/A N/A Europe (Including Iceland and Greenland) MEDIA LITERACY CLINCS/WORKSHOPS 40000 WIRE N/A N/A North America 14092 WIRE N/A N/A Middle East and North Africa PROJECT EVALUATION 48800 WIRE N/A N/A Europe (Including Iceland and Greenland) STUDY ABROAD 96808 WIRE N/A N/A Europe (Including Iceland and Greenland) study abroad 34384 wire N/A N/A North America STUDY ABROAD 7016 WIRE N/A N/A Europe (Including Iceland and Greenland) ARCHITECTURAL DESIGN 71560 WIRE N/A N/A Europe (Including Iceland and Greenland) STUDY ABROAD 7069 WIRE N/A N/A Europe (Including Iceland and Greenland) RESEARCH 8490 WIRE N/A N/A Europe (Including Iceland and Greenland) FUNDRAISING 44222 FORGN DRAFT N/A N/A Europe (Including Iceland and Greenland) FUNDRAISING 14208 FORFN DRAFT N/A N/A Europe (Including Iceland and Greenland) FUNDRAISING 33141 FORGN DRAFT N/A N/A Europe (Including Iceland and Greenland) FUNDRAISING 31583 FORGN DRAFT N/A N/A Europe (Including Iceland and Greenland) FUNDRAISING 6330 FORGN DRAFT N/A N/A Europe (Including Iceland and Greenland) LEGAL SRVC FEES 5681 FORGN DRAFT N/A N/A Europe (Including Iceland and Greenland) 6163 FORGN DRAFT N/A N/A Europe (Including Iceland and Greenland) ADMINISTRATION FEES 8631 FORGN DRAFT N/A N/A Europe (Including Iceland and Greenland) ACCTG SRVC FEES 7395 FORGN DRAFT N/A N/A Europe (Including Iceland and Greenland) WORKSHOP AND CATERING SRVCS 23348 CHECK N/A N/A Europe (Including Iceland and Greenland) RESEARCH 18449 WIRE N/A N/A South Asia RESEARCH 5829 WIRE N/A N/A East Asia and the Pacific 70206 WIRE N/A N/A East Asia and the Pacific 15420 WIRE N/A N/A Sub-Saharan Africa RESEARCH 8468 WIRE N/A N/A Europe (Including Iceland and Greenland) RESEARCH 7000 WIRE N/A N/A Middle East and North Africa RESEARCH 39310 WIRE N/A N/A North America SOFTWARE/LICENSES 33474 WIRE N/A N/A Europe (Including Iceland and Greenland) 148899 WIRE N/A N/A Middle East and North Africa 11340 WIRE N/A N/A East Asia and the Pacific 8000 CHECK N/A N/A East Asia and the Pacific 15700 CHECK N/A N/A East Asia and the Pacific STUDY ABROAD/RECRUITING 43191 CHECK N/A N/A East Asia and the Pacific 27144 CHECK N/A N/A East Asia and the Pacific STUDY ABROAD/RECRUITING 88238 CHECK N/A N/A East Asia and the Pacific RECRUITING 16726 CHECK N/A N/A Europe (Including Iceland and Greenland) STUDY ABROAD/TRAINING 100678 CHECK N/A N/A Europe (Including Iceland and Greenland) RESEARCH 19398 CHECK N/A N/A Europe (Including Iceland and Greenland) STUDY ABROAD 103546 CHECK N/A N/A Europe (Including Iceland and Greenland) RESEARCH/TRAINING 79984 CHECK N/A N/A Middle East and North Africa STUDY ABROAD 5045 CHECK N/A N/A Middle East and North Africa RESEARCH/TRAINING 11328 CHECK N/A N/A Middle East and North Africa RESEARCH 44775 CHECK N/A N/A North America RESEARCH 118810 CHECK N/A N/A South America STUDY ABROAD 31019 CHECK N/A N/A South America RECRUITING 6551 CHECK N/A N/A South Asia 77362 CHECK N/A N/A Sub-Saharan Africa RESEARCH 6000 CHECK N/A N/A Sub-Saharan Africa RESEARCH 69808 CHECK N/A N/A Sub-Saharan Africa RESEARCH 53700 CHECK N/A N/A East Asia and the Pacific STUDY ABROAD/EDUCATION 16629 WIRE N/A N/A Sub-Saharan Africa STUDY ABROAD/RESEARCH 35552 WIRE N/A N/A Sub-Saharan Africa STUDY ABROAD/EDUCATION 39970 WIRE N/A N/A Europe (Including Iceland and Greenland) 530296 WIRE N/A N/A North America RESEARCH 5640 CHECK N/A N/A Europe (Including Iceland and Greenland) RESEARCH 28315 CHECK N/A N/A East Asia and the Pacific RESEARCH 111331 CHECK N/A N/A Europe (Including Iceland and Greenland) RESEARCH 13633 WIRE N/A N/A Europe (Including Iceland and Greenland) RESEARCH 14641 WIRE N/A N/A Europe (Including Iceland and Greenland) RESEARCH 5762 WIRE N/A N/A Europe (Including Iceland and Greenland) 11200 WIRE N/A N/A Europe (Including Iceland and Greenland) RESEARCH 5300 WIRE N/A N/A Europe (Including Iceland and Greenland) RESEARCH 52122 WIRE N/A N/A East Asia and the Pacific RESEARCH 13100 CHECK N/A N/A Europe (Including Iceland and Greenland) CONSULTANT FOR MARKETING 12500 WIRE N/A N/A Russia and the Newly Independent States STUDY ABROAD 46133 WIRE N/A N/A Europe (Including Iceland and Greenland) GLOBAL FORUM 490118 CHECK/WIRE N/A N/A South America WHARTON GIP 8870 WIRE N/A N/A East Asia and the Pacific WRITING, COMMISSION/CONSULTING 503923 CHECK/WIRE N/A N/A South America SUMMER IMMERSION 22655 WIRE N/A N/A South America WHARTON GIP 81802 WIRE N/A N/A Europe (Including Iceland and Greenland) GLOBAL FORUM 6227 CHECK N/A N/A East Asia and the Pacific SUMMER IMMERSION 13970 WIRE N/A N/A East Asia and the Pacific OFC BUILDOUT 11021 CHECK N/A N/A Europe (Including Iceland and Greenland) CONSULTING FOR MARKETING 21812 WIRE N/A N/A Europe (Including Iceland and Greenland) TRANSLATION FOR noah PROGRAM 20335 WIRE N/A N/A Middle East and North Africa LANGUAGE STUDY 10498 WIRE N/A N/A Middle East and North Africa SUMMER IMMERSION 9000 WIRE N/A N/A Middle East and North Africa CERT PROGRAM OFFICE 28676 CHECK N/A N/A Europe (Including Iceland and Greenland) SUMMER IMMERSION 12049 WIRE N/A N/A Europe (Including Iceland and Greenland) CONSULTING FOR MARKETING PROGRAMS 15200 WIRE N/A N/A East Asia and the Pacific SUMMER IMMERSION 41343 WIRE N/A N/A Europe (Including Iceland and Greenland) RESEARCH 8600 CHECK N/A N/A Sub-Saharan Africa gcp PROJECTS 5015 CHECK N/A N/A Europe (Including Iceland and Greenland) EUROPEAN MARKETS CONFERENCE 5472 CHECK N/A N/A East Asia and the Pacific LEGAL FEES, TRADEMARK FEES 30353 CHECK N/A N/A North America SCHOOL, SOFTWARE SIMULATION 104946 CHECK/WIRE N/A N/A Middle East and North Africa Payment for Outside Faculty for OE and Custom Programs 220917 WIRE N/A N/A East Asia and the Pacific GCP PROJECTS 13775 CHECK N/A N/A East Asia and the Pacific LIFELONG LEARNING EVENT 41689 WIRE N/A N/A Middle East and North Africa CERT PROGRAM/INTERNATIONAL PROGRAMS 6821 CHECK N/A N/A Europe (Including Iceland and Greenland) CONSULTING FOR MARKETING PROGRAMS 27583 WIRE N/A N/A Europe (Including Iceland and Greenland) GERMAN SUMMER IMMERSION 26830 WIRE N/A N/A Europe (Including Iceland and Greenland) DATA PURCHASE 14642 WIRE N/A N/A East Asia and the Pacific LIFELONG LEARNING EVENT 17232 WIRE N/A N/A East Asia and the Pacific GLOBAL FORUM 295983 CHECK N/A N/A South Asia DATA 9882 WIRE N/A N/A Europe (Including Iceland and Greenland) insead conference 331261 CHECK/WIRE N/A N/A South America SUMMER IMMERSION 18280 WIRE N/A N/A Sub-Saharan Africa GLOBAL MODULAR COURSE 54058 WIRE N/A N/A Middle East and North Africa GCP PROJECTS 64383 CHECK N/A N/A Europe (Including Iceland and Greenland) WHARTON LEADERSHIP UNDERGRAD VENTURE 26207 WIRE N/A N/A East Asia and the Pacific WHARTON GLOBAL FORUM 46903 WIRE N/A N/A East Asia and the Pacific SUMMER IMMERSION 30313 WIRE N/A N/A North America SOFTWARE, SIMULATION 6245 CHECK N/A N/A Central America and the Caribbean GLOBAL FOROM 24243 CHECK/WIRE N/A N/A North America DATA PURCHASE 17700 CHECK N/A N/A Europe (Including Iceland and Greenland) EVONIK PROGRAM 67590 WIRE N/A N/A East Asia and the Pacific GLOBAL FORUM 183662 CHECK/WIRE N/A N/A East Asia and the Pacific GLOBAL FORUM 551722 CHECK/WIRE N/A N/A North America PAYMENT FOR OUTSIDE FACULTY 17620 WIRE N/A N/A South America SUMMER IMMERSION 11370 WIRE N/A N/A Europe (Including Iceland and Greenland) MANAGEMENT, PARTICIPANT DATA 54662 WIRE N/A N/A East Asia and the Pacific FACULT INTERNATIONAL SEMINAR 8522 WIRE N/A N/A East Asia and the Pacific BLDG ARCHITECT 12846 CHECK N/A N/A Middle East and North Africa 5852 CHECK N/A N/A Middle East and North Africa OE PARTICIPANT REFUND 17700 WIRE N/A N/A South Asia WHARTON GIP 76472 WIRE N/A N/A East Asia and the Pacific LIFELONG LEARNING 10315 CHECK N/A N/A Europe (Including Iceland and Greenland) WHARTON GLOBAL FORUM PARIS 45580 WIRE N/A N/A Europe (Including Iceland and Greenland) DATA PURCHASE 27705 WIRE N/A N/A East Asia and the Pacific GLOBAL MODULAR COURSE 5600 WIRE N/A N/A South Asia LIFELONG LEARNING EVENT 5931 WIRE N/A N/A South Asia CONSULTANTS FOR PROGRAM WORK 15000 WIRE N/A N/A Europe (Including Iceland and Greenland) CONSULTANTS FOR MARKETING 35740 WIRE N/A N/A East Asia and the Pacific REFUND OF 2 SAC PROGRAM ATTENDESS FEES 72000 CHECK N/A N/A South America SUMMER IMMERSION 51822 WIRE N/A N/A South America SUMMER IMMERSION 30358 WIRE N/A N/A East Asia and the Pacific RELOCATION FOR NEW DEAL 41347 WIRE N/A N/A South America OE PARTICIPANT REFUND 8730 WIRE N/A N/A South America LEADERSHIP PROGRAM 503738 WIRE N/A N/A Europe (Including Iceland and Greenland) PAYMENT FOR OUTSIDE FACULTY 10065 WIRE N/A N/A Europe (Including Iceland and Greenland) PAYMENT FOR OUTSIDE FACULTY 40271 WIRE N/A N/A North America WEB DEVELOPMENT 6713 CHECK N/A N/A Sub-Saharan Africa TAXES 250598 CHECK N/A N/A Sub-Saharan Africa 156033 CHECK N/A N/A Sub-Saharan Africa HEALTH INSURANCE 69477 CHECK N/A N/A Sub-Saharan Africa PROPERTY MGMT 55594 CHECK N/A N/A Sub-Saharan Africa TRAVEL AGENTS 28012 CHECK N/A N/A Sub-Saharan Africa PROPERTY MGMT 22172 CHECK N/A N/A Sub-Saharan Africa HEALTH INSURANCE 19655 CHECK N/A N/A Sub-Saharan Africa RESEARCH SUPPORT 19175 CHECK N/A N/A Sub-Saharan Africa WIRELESS PROVIDER 18811 CHECK N/A N/A Sub-Saharan Africa TUITION, FEES 16869 CHECK N/A N/A Sub-Saharan Africa FUEL STATOIN 15573 CHECK N/A N/A Sub-Saharan Africa PROPERTY MGMT 13573 CHECK N/A N/A Sub-Saharan Africa TELECOMMUNICATIONS 12852 CHECK N/A N/A Sub-Saharan Africa SHIPPING/HANDILING 11731 CHECK N/A N/A Sub-Saharan Africa OFFICE SUPPLIES 9834 CHECK N/A N/A Sub-Saharan Africa TELECOMMUNICATIONS 9751 CHECK N/A N/A Sub-Saharan Africa TELECOMMUNICATIONS 9631 CHECK N/A N/A Sub-Saharan Africa MEDICAL LABS 9502 CHECK N/A N/A Sub-Saharan Africa LAB SUPPLIES 8439 CHECK N/A N/A Sub-Saharan Africa 7501 CHECK N/A N/A Sub-Saharan Africa BANKING 7478 CHECK N/A N/A Sub-Saharan Africa PRINTING SERVICES 7375 CHECK N/A N/A Sub-Saharan Africa CONFERENCE/EVENTS SERVICES 7313 CHECK N/A N/A Sub-Saharan Africa 6708 CHECK N/A N/A Sub-Saharan Africa TRAVEL AGENTS 6681 CHECK N/A N/A Sub-Saharan Africa LAB SUPPLIES 6635 CHECK N/A N/A Sub-Saharan Africa LAB EQUIPMENT 6312 CHECK N/A N/A Sub-Saharan Africa LAB SUPPLIES 6036 CHECK N/A N/A Sub-Saharan Africa TELECOMMUNICATIONS 6015 CHECK N/A N/A Sub-Saharan Africa COMPUTER SUPPLIES 5340 CHECK N/A N/A East Asia and the Pacific EQUIPMENT PURCHASE 7355 WIRE N/A N/A East Asia and the Pacific CLINICAL TRIAL 6543 WIRE N/A N/A Europe (Including Iceland and Greenland) STABILITY TESTING 20512 WIRE N/A N/A Europe (Including Iceland and Greenland) RESEARCH SUPPLIES 5345 CHECK N/A N/A Middle East and North Africa airline tickets 24273 CHECK n/a n/a North America 7600 CHECK N/A N/A Europe (Including Iceland and Greenland) 85000 CHECK N/A N/A East Asia and the Pacific research lab supplies 5371 CHECK N/A N/A North America membership 7285 CHECK N/A N/A East Asia and the Pacific 59248 CHECK N/A N/A North America CLINICAL TRIALS 47000 CHECK N/A N/A Europe (Including Iceland and Greenland) research 12818 CHECK N/A N/A Europe (Including Iceland and Greenland) 246001 CHECK N/A N/A East Asia and the Pacific RESEARCH/LABORATORY 80850 WIRE N/A N/A South Asia field research 22216 WIRE N/A N/A North America research, laboratory 74217 CHECK N/A N/A North America 41568 CHECK N/A N/A South Asia field research 6400 wire N/A N/A East Asia and the Pacific RESEARCH LABORATORY 5500 CHECK N/A N/A Europe (Including Iceland and Greenland) 45776 CHECK N/A N/A North America 98000 CHECK N/A N/A 17 178 STUDENT SUPPORT South America 1 5000 WIRE N/A N/A CONSULTING Europe (Including Iceland and Greenland) 1 5000 WIRE N/A N/A CONSULTING Europe (Including Iceland and Greenland) 1 10000 WIRE N/A N/A STUDENT SUPPORT Europe (Including Iceland and Greenland) 1 8300 WIRE N/A N/A STUDENT SUPPORT Europe (Including Iceland and Greenland) 1 9834 WIRE N/A N/A MANAGEMENT OF UK TRUST Europe (Including Iceland and Greenland) 1 10528 FORGN DRAFT N/A N/A STUDENT SUPPORT Europe (Including Iceland and Greenland) 1 54114 WIRE N/A N/A STUDENT SUPPORT North America 1 5844 WIRE N/A N/A RESEARCH Middle East and North Africa 1 61000 WIRE N/A N/A RESEARCH Europe (Including Iceland and Greenland) 1 8517 WIRE N/A N/A RESEARCH Europe (Including Iceland and Greenland) 1 12000 WIRE n/a N/A RESEARCH East Asia and the Pacific 1 7680 CHECK N/A N/A RESEARCH Central America and the Caribbean 1 25200 CHECK N/A N/A RESEARCH South America 1 6000 CHECK N/A N/A RESEARCH North America 2 18670 CHECK N/A N/A RESEARCH Middle East and North Africa 1 28493 CHECK N/A N/A STUDENT SUPPORT Europe (Including Iceland and Greenland) 1 7150 CHECK N/A N/A RESEARCH South America 1 26119 CHECK N/A N/A RESEARCH Europe (Including Iceland and Greenland) 1 8041 CHECK N/A N/A RESEARCH North America 1 35000 CHECK N/A N/A RESEARCH Europe (Including Iceland and Greenland) 1 12600 CHECK N/A N/A RESEARCH Europe (Including Iceland and Greenland) 1 7000 CHECK N/A N/A STUDENT SUPPORT East Asia and the Pacific 1 5500 CHECK N/A N/A RESEARCH Sub-Saharan Africa 1 6114 CHECK N/A N/A RESEARCH/GUEST SPEAKERS Europe (Including Iceland and Greenland) 6 46928 CHECK N/A N/A EDUCATION & TRAINING Middle East and North Africa 1 10000 CHECK N/A N/A EDUCATION & TRAINING Europe (Including Iceland and Greenland) 1 17609 CHECK N/A N/A SUPPORT Sub-Saharan Africa 1 6500 WIRE N/A N/A PRESENTATION AT REVIEW PANEL Europe (Including Iceland and Greenland) 1 8045 WIRE N/A N/A PAYMENT FOR OUTSIDE FACULTY Middle East and North Africa 1 5000 WIRE N/A N/A PRESENTATION ON STAT991 Europe (Including Iceland and Greenland) 1 15000 WIRE N/A N/A ADMISSION APPLICATIONS Europe (Including Iceland and Greenland) 1 8415 WIRE N/A N/A WRITING Europe (Including Iceland and Greenland) 1 5100 WIRE N/A N/A BUSINESS DEVELOPMENT East Asia and the Pacific 1 12002 WIRE N/A N/A WRITING Europe (Including Iceland and Greenland) 1 15000 WIRE N/A N/A AXA PROGRAM Europe (Including Iceland and Greenland) 1 2525 WIRE N/A N/A TRANSLATIONS South America 1 19608 WIRE N/A N/A PRESENTATION ON STAT991 Middle East and North Africa 1 16289 WIRE N/A N/A WRITING South Asia 1 39828 WIRE n/a n/a WRITING East Asia and the Pacific 1 7700 WIRE N/A N/A WRITING South Asia 1 93300 WIRE N/A N/A GIFT Europe (Including Iceland and Greenland) 1 13028 WIRE N/A N/A SUPPORT Europe (Including Iceland and Greenland) 1 11500 WIRE N/A N/A TRAVEL EXPENSES East Asia and the Pacific 1 6163 WIRE N/A N/A SALARY AND EMPLOYEE BENEFITS East Asia and the Pacific 0 1614701 WIRE N/A N/A WRITING Middle East and North Africa 1 5000 WIRE n/a n/a CONSULTING Europe (Including Iceland and Greenland) 1 15000 WIRE N/A N/A honorarium North America 1 252 WIRE N/A N/A true true true true true true FORM 990, SCHEDULE F, PART I, LINE 2 THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA OFFICE OF RESEARCH SERVICES IS RESPONSIBLE FOR MONITORING THE USE OF GRANT FUNDS PURSUANT TO ESTABLISHED POLICES AND PROTOCOL. THESE POLICIES COVER GRANTS MADE BOTH WITHIN AND OUTSIDE THE U.S. -------------------- SUBAWARDS- FORM 990, SCHEDULE F, PART II IN FURTHERANCE OF ITS RESEARCH ACTIVITIES, THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA MAKES SUB-AWARDS TO FOREIGN INSTITUTIONS THAT PERFORM RESEARCH IN CONNECTION WITH RESEARCH GRANTS AWARDED TO THE UNIVERSITY. THE UNIVERSITY DOES NOT CATEGORIZE THESE SUB-AWARDS AS "FOREIGN ACTIVITIES" FOR FORM 990, SCHEDULE F REPORTING PURPOSES, SINCE THE FOREIGN RECIPIENT ORGANIZATIONS PERFORM RESEARCH SERVICES FOR THE UNIVERSITY AND ARE CONSIDERED INDEPENDENT CONTRACTORS WHICH SERVE THE DIRECT NEEDS OF THE UNIVERSITY. X X X X X X X true RUFFALOCODY 65 KIRKWOOD NORTH ROAD SW CEDAR RAPIDS IA 52404 MANAGE CALL CENTERS false 2369338 666713 1702625 2369338 666713 1702625 AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY MOONLIGHT&ROSES 213949 165785 48164 0 0 0 0 0 130287 ICELAND TRIP 38466 38466 0 0 0 0 0 0 5 61703 57980 3723 0 0 0 0 0 22805 314118 262231 51887 0 0 0 0 0 153092 153092 -101205 true true X true X 300. true X true false true true 0 6129499 0 6129499 0.00120 0 316893570 247378143 69515427 0.01340 0 0 0 0 0.00000 0 323023069 247378143 75644926 0.01460 0 0 0 0 0.00000 0 112005971 46534213 65471758 0.01260 0 0 0 0 0.00000 0 564225537 531111800 33113737 0.00640 0 0 0 0 0.00000 0 676231508 577646013 98585495 0.01900 0 999254577 825024156 174230421 0.03360 true 141284326 100835702 447411107 438431107 8980000 X true true 1 1 THE HOSPITAL OF THE UNIV OF PENN 3400 SPRUCE STREET PHILADELPHIA PA 19104 WWW.PENNMEDICINE.ORG LICENSE# 341101 X X X X X THE HOSPITAL OF THE UNIV OF PENN 1 true X X X X X X X X X 12 true true true X SEE SCHEDULE H, PART V, SECTION C X X X X X X X false false true true 300. true 300. true X X X X X true true X X true false X X X X true X false false PART V, SECTION B, LINES 3&4 (INPUT FROM COMMUNITY/JOINT CHNA) THE UNIVERSITY OF PENNSYLVANIA IS A MEMBER OF THE DELAWARE VALLEY HEALTHCARE COUNCIL OF HOSPITAL & HEALTH SYSTEM ASSOCIATION OF PENNSYLVANIA ("DVHC"), THE MEMBERSHIP ASSOCIATION FOR HOSPITALS IN THE FIVE-COUNTY REGION OF SOUTHEASTERN PENNSYLVANIA. DVHC ESTABLISHED A COMMUNITY HEALTH NEEDS ASSESSMENT ("CHNA") WORKGROUP TO ASSIST HOSPITALS IN: - UNDERSTANDING AFFORDABLE CARE ACT (ACA) REQUIREMENTS AND INTERNAL REVENUE SERVICE GUIDANCE AROUND COMMUNITY HEALTH NEEDS ASSESSMENTS. - IDENTIFYING THE BEST RESOURCES, TOOLS, AND SERVICES FOR CONDUCTING NEEDS ASSESSMENTS. THE WORKGROUP CONSISTED OF REPRESENTATIVES FROM THE FOLLOWING COLLABORATING HOSPITALS, HEALTH SYSTEMS, AND ORGANIZATIONS: -ABINGTON HEALTH -ARIA HEALTH -BUCKS COUNTY HEALTH IMPROVEMENT PARTNERSHIP -THE CHILDREN'S HOSPITAL OF PHILADELPHIA -CROZER-KEYSTONE HEALTH SYSTEM -EINSTEIN HEALTHCARE NETWORK -HOLY REDEEMER -JEFFERSON HEALTH SYSTEM ("JHS") (INCLUDING THOMAS JEFFERSON UNIVERSITY HOSPITALS, INC., MAIN LINE HEALTH, AND MAGEE REHABILITATION HOSPITAL)- JHS DISBANNED AS OF JUNE 30, 2014. -MERCY HEALTH SYSTEM OF SEPA -PENN MEDICINE (THE HOSPITAL OF THE UNIVERSITY OF PENNSYLVANIA, PENN PRESBYTERIAN MEDICAL CENTER, AND PENNSYLVANIA HOSPITAL) -ST. MARY MEDICAL CENTER -TEMPLE UNIVERSITY HEALTH SYSTEM -------------------- PART V, SECTION B, LINE 5A (CHNA AVAILABILITY TO PUBLIC) THE CHNA CAN BE ACCESSED AT HTTP://WWW.PENNMEDICINE.ORG/HEATLH-SYSTEM/ABOUT/COMMUNITY. -------------------- PART V, SECTION B, LINE 7 (ADDRESSING THE NEEDS IDENTIFIED IN THE CHNA) THE FIRST CHNA AND IMPLEMENTATION PLAN FOR THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM WAS ADOPTED JUNE 30, 2013. THE ORGANIZATION IS IN THE PROCESS OF ADDRESSING THE NEEDS IDENTIFIED IN THE CHNA BUT HAS NOT FULLY ADDRESSED ALL NEEDS AT THIS TIME. -------------------- 16 PENN MEDICINE AT RADNOR 250 KING OF PRUSSIA ROAD BALA CYNWYD PA 19004 OUTPATIENT FACILITY PENN MEDICINE AT BUCKS COUNTY 777 TOWNSHIP LINE ROAD YARDLEY PA 19067 OUTPATIENT FACILITY PENN MEDICINE AT VALLEY FORGE 1001 CHESTERBROOK BLVD BERWYN PA 19312 OUTPATIENT FACILITY PENN MEDICINE AT WOODBURY HEIGHTS 1006 MANTUA PIKE WOODBURY HEIGHTS NJ 08097 OUTPATIENT FACILITY PENN MEDICINE AT RITTENHOUSE 1800 LOMBARD STREET PHILADELPHIA PA 19146 INPATIENT REHABILITATION ANATOMY CHEMISTRY 420 GUARDIAN DRIVE PHILADEPHIA PA 19104 RESEARCH FACILITY BIOMEDICAL RESEARCH BUILDING 2 500 OSLER CIRCLE PHILADELPHIA PA 19104 RESEARCH FACILITY BLOCKLEY HALL 423 GUARDIAN DRIVE PHILADELPHIA PA 19104 RESEARCH FACILITY CAROLYN HOFF LYNCH BIOLOGY LAB 435 S UNIVERSITY AVENUE PHILADELPHIA PA 19104 RESEARCH FACILITY CHEMISTRY LABORATORIES - 1958 WING 231 S 34TH STREET PHILADELPHIA PA 19104 RESEARCH FACILITY CHESTNUT HALL 3900 CHESTNUT STREET PHILADELPHIA PA 19104 RESEARCH FACILITY CLINICAL RESEARCH BUILDING 415 CURIE BLVD PHILADELPHIA PA 19104 RESEARCH FACILITY GL LABORATORY BUILDING 500 S RIDGEWAY GLENOLDEN PA 19036 RESEARCH FACILITY GODDARD LABORATORIES 3710 HAMILTON WALK PHILADELPHIA PA 19104 RESEARCH FACILITY HAYDEN HALL 3320 SMITH WALK PHILADELPHIA PA 19104 RESEARCH FACILITY PERELMAN CENTER FOR ADVANCED MEDICINE 3400 CIVIC CENTER BOULEVARD PHILADELPHIA PA 19104 OUTPATIENT FACILITY PART I, LINE 7 (BAD DEBT EXPENSE, COSTING METHODOLOGY USED) THE BAD DEBT EXPENSE AMOUNT INCLUDED ON FORM 990, PART IX, COLUMN 25(A) WAS $7,944,000 RELATED TO ACADEMIC BAD DEBTS FOR THE YEAR ENDED JUNE 30, 2014. CONSISTENT WITH PRIOR YEAR, PATIENT SERVICE BAD DEBTS IS TREATED AS A CONTRA-REVENUE LINE ITEM ON THE STATEMENT OF REVENUE. THE COSTING METHODOLOGY USED IN CALCULATING THE AMOUNTS REPORTED ON THE LINE 7 TABLE ARE BASED ON A COST TO CHARGE RATIO. THE COST TO CHARGE RATIO WAS DERIVED FROM WORKSHEET 2. -------------------- PART I, LINE 7h (CHANGE IN RESEARCH REPORTING METHODOLOGY) DUE TO A CHANGE IN IRS INSTRUCTIONS FOR FY 14, THE AMOUNT REPORTED IN COLUMN (D), "DIRECT OFFSETTING REVENUE" FOR RESEARCH ACTIVITIES MUST NOW INCLUDE RESTRICTED GRANTS THAT THE ORGANIZATION USES TO PROVIDE COMMUNITY BENEFIT. THIS WAS NOT THE CASE IN PREVIOUS YEARS. ACCORDINGLY, THE OVERALL DECREASE IN THE COMMUNITY BENEFIT PERCENTAGE REPORTED FROM FY 13 IS DIRECTLY DUE TO A CHANGE IN IRS INSTRUCTIONS, NOT DUE TO ANY CHANGE IN THE ACTIVITIES BEING CONDUCTED BY THE ORGANIZATION. ABSENT THIS IRS INSTRUCTIONAL CHANGE, THE ORGANIZATION WOULD HAVE REPORTED 10.72% COMMUNITY BENEFIT EXPENSE FOR THE RESEARCH CATEGORY. -------------------- PART II (DETAIL OF COMMUNITY BUILDING ACTIVITIES) AT THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM (UPHS), WORKING FOR THE BENEFIT OF THE COMMUNITY IS NOT ONLY A PRIORITY; IT IS ROOTED DEEP IN OUR CULTURE. ALONG WITH OUR ROLE AS A LEADER IN MEDICAL CARE AND RESEARCH, WE HAVE CULTIVATED A STRONG AFFINITY WITH THE NEIGHBORHOODS WE SERVE - BECOMING INCREASINGLY RESPONSIVE IN IDENTIFYING NEEDS AND BEING PROACTIVE IN FINDING SOLUTIONS. WE ARE SENSITIVE TO THE DISPARITY IN THE QUALITY OF HEALTH AND HEALTH CARE AMONG THE PEOPLE OF THE PHILADELPHIA AREA. IN NEIGHBORHOODS THROUGHOUT THE CITY, MANY RESIDENTS- OFTEN THE VERY YOUNG OR THE VERY OLD- DO NOT HAVE ACCESS TO ADEQUATE CARE. THE QUALITY OF THEIR LIVES IS DIMINISHED BECAUSE THEY ARE UNABLE TO RECEIVE THE SERVICES AND SUPPORT THEY NEED. AWARE OF THESE BARRIERS TO HEALTH CARE FACED BY OUR COMMUNITIES, WE USE OUR RESOURCES TO IMPROVE THE HEALTH AND WELLNESS AMONG THE UNDERSERVED. OUR MORAL IMPERATIVE IS TO LOOK, LISTEN, AND ACT - IN WAYS THAT WILL MAKE A DIFFERENCE. IN COLLABORATION WITH OUR PHYSICIANS, NURSES, STUDENTS AND COMMUNITY PARTNERS, WE TAKE ACTION TO ENHANCE THE WELL-BEING OF THE NEIGHBORHOODS WE ALL SHARE. OUR OUTREACH EXTENDS IN MANY DIRECTIONS AND IS DISPLAYED IN MANY WAYS. A LISTING OF SOME OF THE VARIOUS HEALTHCARE-RELATED COMMUNITY OUTREACH ACTIVITIES CONDUCTED BY UPHS IS INCLUDED IN RESPONSE TO QUESTION 5 BELOW. IN ADDITION TO DIRECT HEALTH-CARE RELATED ACTIVITIES, THE UNIVERSITY ALSO PROMOTES THE HEALTH OF ITS COMMUNITY BY PROVIDING A DIRECT ECONOMIC IMPACT TO ITS SURROUNDING AREA. UNIVERSITY CITY, THE AREA OF WEST PHILADELPHIA THAT HOSTS PENN'S CAMPUS, IS A NEIGHBORHOOD OF CHOICE FOR FAMILIES, STUDENTS, FACULTY, STAFF AND VISITORS AND A THRIVING LOCATION FOR RETAILERS, RESTAURATEURS, HOTELS, OFFICE-BASED BUSINESSES AND OTHERS. PENN'S STRATEGIC NEIGHBORHOOD INVESTMENTS AND COMMUNITY PARTNERSHIPS ARE A RECOGNIZED NATIONAL AND GLOBAL MODEL FOR URBAN CAMPUSES. THE IMPACT OF PENN'S LOCAL COMMUNITY INITIATIVES INCLUDE: - WITH $1.9 MILLION IN DUES, PENN IS THE LARGEST CONTRIBUTOR TO THE UNIVERSITY CITY DISTRICT, WHICH PROVIDES SUPPLEMENTAL SAFETY, CLEANING AND STREETSCAPE IMPROVEMENTS TO THE NEIGHBORHOOD. - THE UNIVERSITY PAID $820,440 IN FY 14 TO THE SCHOOL DISTRICT OF PHILADELPHIA IN SUPPORT OF THE PENN ALEXANDER SCHOOL ALONG WITH GRADUATE SCHOOL OF EDUCATION STUDENT TEACHER HOURS. THE PENN ALEXANDER SCHOOL IS A TOP-RANKED PUBLIC ELEMENTARY SCHOOL IN UNIVERSITY CITY. - PENN PROVIDED MILLIONS IN STUDENT AID IN FY 14 TO PHILADELPHIA RESIDENTS ENROLLED AT PENN, INCLUDING STUDENTS FROM WEST PHILADELPHIA. - PENN'S $1 MILLION ANNUAL INVESTMENT IN THE NETTER CENTER FOR COMMUNITY PARTNERSHIPS ENABLES AN ARRAY OF LOCAL INITIATIVES INCLUDING TUTORING PUBLIC SCHOOL STUDENTS AND PROVIDING HEALTH AND NUTRITION PROGRAMS. - PENN PURCHASED MILLIONS IN PRODUCTS AND SERVICES FROM BUSINESSES IN WEST AND SOUTHWEST PHILADELPHIA IN FY 14. - HOUSING PRICES IN UNIVERSITY CITY APPRECIATED 52.4% FROM 2003-2014. -------------------- PART III, SECTION A, LINE 2 (BAD DEBT EXPENSE) THE COSTING METHODOLOGY USED IN DETERMINING THE AMOUNTS REPORTED ON LINES 2 AND 3 ARE BASED ON ACTUAL CHARGES WRITTEN OFF (AMOUNTS THAT ARE DEEMED TO BE UNCOLLECTIBLE). -------------------- PART III, SECTION A, LINE 3 (BAD DEBT EXPENSE ATTRIBUTABLE TO PATIENTS ELIBIBLE UNDER THE ORGANIZATION'S FINANCIAL ASSISTANCE POLICY) UPHS UTILIZES A THIRD-PARTY VENDOR TO POPULATE THE NUMBER OF INDIVIDUALS WITHIN EACH HOUSEHOLD AND THE MEAN HOUSEHOLD INCOME BASED ON THE ACCOUNT ADDRESS. UPHS ESTIMATES THE AMOUNT OF BAD DEBTS ATTRIBUTABLE TO PATIENTS ELIGIBLE UNDER ITS FINANCIAL ASSISTANCE POLICY BASED UPON 300% OF THE FEDERAL POVERTY GUIDELINES. -------------------- PART III, SECTION A, LINE 4 (BAD DEBT EXPENSE FOOTNOTE) THE BAD DEBT EXPENSE FOOTNOTE DISCLOSURE CAN BE FOUND ON PAGE 17 OF THE ATTACHED CONSOLIDATED FINANCIAL STATEMENTS FOR THE UNIVERSITY OF PENNSYLVANIA. -------------------- PART III, SECTION B, LINE 8 (COSTING METHODOLOGY, MEDICARE SHORTFALL) THE COSTING METHODOLOGY USED IN DETERMINING THE AMOUNT REPORTED ON LINE 6 IS BASED ON A COST TO CHARGE RATIO. CONSISTENT WITH THE CHARTIABLE HEALTHCARE MISSION OF THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM (UPHS) AND THE COMMUNITY BENEFIT STANDARD SET FORTH IN IRS REVENUE RULING 69-545, UPHS PROVIDES CARE FOR ALL PATIENTS COVERED BY MEDICARE SEEKING MEDICAL CARE AT UPHS. SUCH CARE IS PROVIDED REGARDLESS OF WHETHER THE REIMBURSEMENT PROVIDED FOR SUCH SERVICES MEETS OR EXCEEDS THE COSTS INCURRED BY UPHS TO PROVIDE SUCH SERVICES. -------------------- PART III, LINE 9B (COLLECTION PRACTICES) THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM PROVIDES URGENT/EMERGENT MEDICAL SERVICES WITHOUT REGARD TO ABILITY TO PAY. WHEN IT HAS BEEN DETERMINED THAT A PATIENT IS NOT ELIGIBLE FOR COVERAGE BY EXTERNAL SOURCES OF FUNDING, FINANCIAL ASSISTANCE MAY BE AVAILABLE FOR BOTH THE UNINSURED AND UNDERINSURED, THE INDIGENT, HARDSHIP AND MEDICALLY INDIGENT AND MAY BE APPROVED AS EITHER FULL OR PARTIAL FREE CARE. PATIENTS WHO DO NOT COOPERATE WITH THE FINANCIAL COUNSELING PROCESS OR WHOSE APPLICATION FOR FINANCIAL ASSISTANCE IS DENIED BY THE HEALTH SYSTEM MAY BE PURSUED BY COLLECTION EFFORTS, INCLUDING REFERRAL TO AN OUTSIDE COLLECTION AGENCY OR ATTORNEY AS DETERMINED BY OUR PATIENT ACCOUNTING DEPARTMENT. -------------------- PART VI, LINE 2 (NEEDS ASSESSMENT) THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM'S ("UPHS") MISSION IS TO PROVIDE THE MOST ADVANCED AND HIGHEST QUALITY PATIENT CARE POSSIBLE; TO PROVIDE A RICH AND DIVERSE EDUCATIONAL ENVIRONMENT FOR STUDENTS AND TRAINEES; AND TO SUPPORT CLINICAL RESEARCH THAT PUSHES THE BOUNDARIES OF CURRENT HUMAN KNOWLEDGE. TO THESE ENDS, UPHS IS AN ACTIVE PARTICIPANT IN THE WEST PHILADELPHIA NEIGHBORHOOD THAT IS OUR HOME. ON ANY GIVEN DAY, UPHS PHYSICIANS, NURSES, MEDICAL STUDENTS AND VOLUNTEERS ARE OUT IN THE COMMUNITY SHARING THEIR SKILLS, THEIR TALENTS AND MOST IMPORTANTLY, THEMSELVES FOR THE BETTERMENT OF THE COMMUNITY. - HOW THE HEALTH SYSTEM IDENTIFIES AND TAKES ACTION TO ADDRESS RACIAL, ETHNIC, AND GENDER DISPARITIES IN MEDICAL CARE EVERY DAY IN OUR NEIGHBORHOOD CLINICS, IN OUR EMERGENCY ROOM AND PHYSICIANS' OFFICES WE SEE THE EFFECTS OF RACIAL, ETHNIC AND GENDER DISPARITIES IN HEALTH CARE. IN KEEPING WITH OUR CHARITABLE PURPOSE, UPHS ACCEPTS PATIENTS IN NEED OF URGENT MEDICAL CARE REGARDLESS OF THEIR FINANCIAL STATUS OR ANY OTHER SOCIO-ECONOMIC FACTORS. AS THE MAIN PROVIDER IN A SERVICE AREA THAT INCLUDES A NUMBER OF ECONOMICALLY-CHALLENGED NEIGHBORHOODS, UPHS PROVIDES CARE TO MANY PATIENTS WHO DO NOT HAVE HEALTH INSURANCE PROVIDING MORE THAN $100 MILLION IN CHARITY AND UNDERFUNDED CARE EACH YEAR. IN PARTNERSHIP WITH COMMUNITY-BASED ORGANIZATIONS AND OTHER AREA INSTITUTIONS, UPHS SEEKS TO IDENTIFY AND ADDRESS RACIAL, ETHNIC AND GENDER DISPARITIES THROUGH SUPPORT FOR PROGRAMS INCLUDING, BUT NOT LIMITED TO: > PUENTES DE SALUD - A WEEKLY FREE CLINIC THAT SEEKS TO ADDRESS THE HEALTH NEEDS OF THE GROWING LATINO POPULATION BY PROVIDING LOW-COST CARE TO MORE THAN 800 PATIENTS ANNUALLY. > THE UNITY CLINIC - A FREE CLINIC THAT PROVIDES PRIMARY CARE SERVICES TO LOW-INCOME ASIAN IMMIGRANTS IN PHILADELPHIA. > WOMEN AND CHILDREN'S HEALTH SERVICES - AN AMBULATORY CARE FACILITY THAT SPECIALIZES IN THE PROVISION OF OBSTETRICAL, FAMILY PLANNING AND SOCIAL SERVICES THROUGH FREE AND LOW COST PROGRAMS THAT EXTEND WELL BEYOND TRADITIONAL MEDICAL CARE. - HOW THE HEALTH SYSTEM ASSESSES COMMUNITY HEALTH STATUS UPHS PROVIDES VARIOUS COMMUNITY SERVICES WHICH, IN CONJUNCTION WITH PROVIDING PATIENT CARE AND EDUCATIONAL INFORMATION, HELP US ASSESS THE HEALTH STATUS OF OUR COMMUNITY. SOME OF OUR MOST SUCCESSFUL INITIATIVES RESULT FROM APPLYING THE COLLECTIVE RESOURCES OF COMMUNITY RESIDENTS AND ORGANIZATIONS, HEALTH CARE PROFESSIONALS, AND PUBLIC HEALTH AGENCIES WITH THE GOAL OF IDENTIFYING AND ADDRESSING A COMMUNITY PROBLEM. THIS IS ACCOMPLISHED IN MANY WAYS, SUCH AS: FORMAL HEALTH ASSESSMENTS THAT INDIVIDUAL PROGRAMS MAY PERFORM, OPEN DIALOGUE WITH COMMUNITY LEADERS THROUGH PARTICIPATION IN COMMUNITY MEETINGS, OR BY ASSESSING COMMUNITY HEALTH STATUS IN THE WORK WE PERFORM OUT IN THE COMMUNITY. - HOW THE HEALTH SYSTEM COLLABORATES WITH COMMUNITY STAKEHOLDERS, INCLUDING OTHER INSTITUTIONAL PROVIDERS, TO IDENTIFY SPECIFIC COMMUNITY HEALTH NEEDS AND TO DEVELOP AND MEASURE EFFECTIVENESS OF PROGRAMS TO HELP MEET THOSE NEEDS COLLABORATION WITH COMMUNITY STAKEHOLDERS AND OTHER INSTITUTIONAL PROVIDERS IS A PARTICULARLY STRONG AREA FOR UPHS. WORKING IN CONJUNCTION WITH COMMUNITY-BASED NON-PROFIT ORGANIZATIONS, CITY AGENCIES AND OTHER COMMUNITY STAKEHOLDERS, UPHS SEEKS TO IDENTIFY AND ADDRESS COMMUNITY HEALTH NEEDS THROUGH PROGRAMS AND SERVICES, SUCH AS: > SAYRE HEALTH CENTER - RECOGNIZING A NEED FOR PRIMARY CARE SERVICES IN THE NEIGHBORHOOD, PENN JOINED FORCES WITH THE SCHOOL DISTRICT OF PHILADELPHIA TO BRING A STATE-OF-THE-ART HEALTH CARE FACILITY TO SAYRE HIGH SCHOOL IN WEST PHILADELPHIA. IN ADDITION TO PROVIDING PRIMARY CARE SERVICES TO THE COMMUNITY, PENN MEDICINE PHYSICIANS WORK IN PARTNERSHIP WITH SAYRE STUDENTS TO TEACH BASIC MEDICAL SERVICES THAT ONE DAY COULD LEAD TO A CAREER IN THE MEDICAL PROFESSION. > BRIDGING THE GAPS - A PARTNERSHIP OF THE AREA'S FIVE ACADEMIC HEALTH CENTERS, BRIDGING THE GAPS (BTG) LINKS THE TRAINING OF HEALTH PROFESSIONALS WITH THE PROVISION OF CARE TO ECONOMICALLY DISADVANTAGED POPULATIONS. LED BY UPHS PHYSICIANS AND STAFF, BTG GIVES MEDICAL STUDENTS THE OPPORTUNITY TO GAIN FIRST-HAND INSIGHT INTO THE COMPLEX ISSUES AFFECTING UNDERSERVED URBAN COMMUNITIES. IN ADDITION TO THE PROGRAMS OUTLINES ABOVE, UPHS PHYSICIANS AND STAFF PROVIDE EDUCATIONAL PROGRAMS IN CONJUNCTION WITH AREA HIGH SCHOOLS AND VOLUNTEER THEIR EXPERTISE TO NUMEROUS PUBLIC HEALTH COMMITTEES AND AGENCIES AT THE COMMUNITY, STATE AND NATIONAL LEVEL. - HOW THE HEALTH SYSTEM REGULARLY REPORTS TO THE COMMUNITY ON THE ORGANIZATION'S QUALITY PERFORMANCE FOR THE FULL RANGE OF SERVICES IT PROVIDES SINCE 2007, UPHS HAS PUBLISHED AN ANNUAL COMMUNITY BENEFIT REPORT, "SIMPLY BECAUSE," WHICH HIGHLIGHTS SOME OF THE EXTENSIVE WORK UPHS PERFORMS IN THE COMMUNITY. THIS WIDELY DISTRIBUTED REPORT INCLUDES EXAMPLES OF OUR COMMUNITY EFFORTS AS WELL AS STATISTICS RELATED TO THE COMMUNITY BENEFIT WE PROVIDE. ADDITIONALLY, LAST YEAR UPHS IMPLEMENTED OUR "PENN MEDICINE CARES" (COMMUNITY ACTIVITY REPORTING E-INITIATIVE) PROGRAM. WHILE THE "SIMPLY BECAUSE" REPORT PROVIDES US A BRIEF GLIMPSE INTO ALL THE GOOD WORK UPHS PERSONNEL ARE INVOLVED IN, IT REPRESENTS ONLY A FRACTION OF THE TOTAL COMMUNITY SERVICE WORK THAT OCCURS. WE DEVELOPED THIS REPORTING PROGRAM TO ENCOURAGE OUR EMPLOYEES TO REPORT ALL OF THE COMMUNITY SERVICES THEY PROVIDE SO THAT WE CAN BETTER TRACK COMMUNITY OUTREACH, ENCOURAGE MORE VOLUNTEERISM AND BETTER TARGET OUR EFFORTS TO MEET THE GREATEST COMMUNITY NEEDS. - WHETHER AND HOW UPHS IS ADDRESSING THE PER CAPITA COST OF CARE IN THE COMMUNITY UPHS SUPPORTS EFFORTS TO PROVIDE FREE AND LOW-COST CARE TO THE COMMUNITY THROUGH PARTNERSHIPS WITH BOTH PENN-RELATED AND NON-RELATED PROGRAMS. UPHS PHYSICIANS AND STAFF WORK IN HEALTH CLINICS THROUGHOUT PHILADELPHIA THAT PROVIDE THESE MUCH-NEEDED SERVICES THAT ALSO ADDRESSES THE PER CAPITA COST OF HEALTH CARE IN THE COMMUNITY. IN ADDITION, UPHS HAS A SPECIALTY CARE CONTRACT WITH THE CITY OF PHILADELPHIA THAT ALLOWS PHYSICIANS FROM THE CITY'S DISTRICT HEALTH CENTERS TO REFER PATIENTS INTO THE SYSTEM FOR APPOINTMENTS IN SPECIALTIES SUCH AS CARDIOLOGY, NEUROLOGY AND DERMATOLOGY. THESE SERVICES ARE PROVIDED TO THE CITY AT A SIGNIFICANTLY REDUCED COST - GIVING UNINSURED AND UNDERINSURED PATIENTS ACCESS TO CARE THEY MIGHT NOT OTHERWISE RECEIVE WHILE KEEPING DOWN THE PER CAPITA COST FOR THE CITY AND RESIDENTS OF THE COMMUNITY. AT UPHS, WORKING FOR THE BENEFIT OF THE COMMUNITY IS NOT ONLY A PRIORITY; IT IS ROOTED DEEP IN OUR CULTURE. ALONG WITH OUR ROLE AS A LEADER IN MEDICAL CARE AND RESEARCH, UPHS HAS CULTIVATED A STRONG AFFINITY WITH THE NEIGHBORHOODS WE SERVE- BECOMING INCREASINGLY RESPONSIVE IN IDENTIFYING NEEDS AND PROACTIVE IN FINDING SOLUTIONS. IN ADDITION TO OUR OWN INTERNAL EFFORTS, UPHS ALSO COLLABORATES WITH VARIOUS PUBLIC AND PRIVATE AGENCIES TO HELP DETERMINE COMMUNITY HEALTH NEEDS AND HOW BEST TO ADDRESS THEM. THE SUCCESS OF COMMUNITY OUTREACH REQUIRES A STRONG FOCUS ON SOLUTIONS. AT UPHS, WE CONTINUALLY FIND WAYS TO EXPAND AND STRENGTHEN THE SAFETY NET THAT HELPS ENSURE THE WELL-BEING OF THE COMMUNITIES WE SERVE. IN THAT REGARD, ONE OF OUR MAJOR RESPONSIBILITIES IS TO SHARE KNOWLEDGE. WORKING TOGETHER WITH COMMUNITY PARTNERS ENABLES US TO ACCOMPLISH MORE THAN ANY ONE PERSON COULD INDIVIDUALLY. -------------------- PART VI, LINE 3 (PATIENT EDUCATION OF ELIGIBILITY FOR ASSISTANCE) THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM ("UPHS") IS COMMITTED TO CARING FOR ALL PATIENTS EQUITABLY, WITH DIGNITY, RESPECT AND COMPASSION WITHOUT REGARD TO AGE, RACE, COLOR, NATIONAL ORIGIN, RELIGIOUS CREED, SEX, PHYSICAL OR MENTAL DISABILITY, MARITAL STATUS OR SEXUAL PREFERENCE. AS PART OF THIS COMMITMENT, PENN MEDICINE OFFERS FINANCIAL COUNSELING AND ASSISTANCE PROGRAMS TO UNINSURED AND UNDERINSURED PATIENTS TO ASSIST THOSE WHO CANNOT PAY FOR ALL OR PART OF THEIR CARE. PATIENTS WILL BE CONSIDERED FOR FINANCIAL ASSISTANCE ON AN INDIVIDUAL BASIS, TAKING INTO CONSIDERATION TOTAL HOUSEHOLD INCOME AND OTHER RESOURCES. PENN MEDICINE WILL ALSO CONSIDER OTHER FACTORS IN THE PATIENT/FAMILY FINANCIAL SITUATION, SHOULD THERE BE OTHER CRITICAL EXPENSES, NOT RELATED TO THE PATIENT'S MEDICAL CARE, THAT MAKE PAYMENT OF THE FINANCIAL OBLIGATION IMPOSSIBLE, SUCH AS CARING FOR A DISABLED FAMILY MEMBER. UNINSURED OR UNDERINSURED PERSONS MAY APPLY FOR FINANCIAL ASSISTANCE AT ANY TIME DURING TREATMENT OR WHEN REQUEST FOR PAYMENT IS MADE. UPHS INFORMS AND EDUCATES PATIENTS AND PERSONS WHO MAY BE BILLED FOR PATIENT CARE ABOUT THEIR ELIGIBILITY FOR ASSISTANCE UNDER FEDERAL, STATE, OR LOCAL GOVERNMENT PROGRAMS OR UNDER UPHS'S CHARITY CARE POLICY. PATIENTS ARE INFORMED OF THE AVAILABILITY OF CHARITY CARE IN VARIOUS WAYS (E.G. AT POINT OF REGISTRATION, ON POSTERS THROUGHOUT HOSPITAL, IN PRACTICES, FINANCIAL COUNSELOR INTERVIEW AND WEBSITE). -------------------- PART VI, LINE 4 (COMMUNITY INFORMATION) THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM ("UPHS") IS SENSITIVE TO THE DISPARITY IN THE QUALITY OF HEALTH AND HEALTH CARE AMONG THE PEOPLE OF THE PHILADELPHIA AREA. IN NEIGHBORHOODS THROUGHOUT THE CITY, MANY RESIDENTS, OFTEN THE VERY YOUNG OR THE VERY OLD DO NOT HAVE ACCESS TO ADEQUATE CARE. THE QUALITY OF THEIR LIVES IS DIMINISHED BECAUSE THEY ARE UNABLE TO RECEIVE THE SERVICES AND SUPPORT THEY NEED. AWARE OF THE BARRIERS TO HEALTH CARE FACED BY OUR COMMUNITIES, WE USE OUR RESOURCES TO IMPROVE THE HEALTH AND WELLNESS AMONG THE UNDERSERVED. OUR MORAL IMPERATIVE IS TO LOOK, LISTEN, AND ACT IN WAYS THAT WILL MAKE A DIFFERENCE. IN COLLABORATION WITH OUR PHYSICIANS, NURSES, STUDENTS AND COMMUNITY PARTNERS, WE TAKE ACTION TO ENHANCE THE WELL-BEING OF THE NEIGHBORHOODS WE ALL SHARE. -------------------- PART VI, LINE 5 (INFORMATION REGARDING PROMOTION OF COMMUNITY HEALTH) THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM'S ("UPHS") CORE COMMUNITY BENEFITS PROGRAMS WERE ESTABLISHED AND CONTINUE TO THRIVE WHETHER OPERATED BY OR ENCOURAGING VOLUNTEERS BY THE HEALTH SYSTEM. HERE IS A LIST OF SOME OF THE COMMUNITY BENEFITS UPHS PROVIDES: - UNIVERSITY CITY HOSPITAL COALITION (UCHC) - PROVIDES MEALS TO THE HOMELESS AND HUNGRY. - UNITED COMMUNITY CLINIC (UCC) - A FREE HEALTH CLINIC IN THE BASEMENT OF A CHURCH IN THE EAST PARKSIDE NEIGHBORHOOD. - PROJECT ME (MIND EMPOWERMENT) - A PROGRAM AT JANE ADDAMS PLACE, AN EMERGENCY SHELTER FOR YOUNG HOMELESS MOTHERS, WHERE NURSES FROM VARIOUS DEPARTMENTS OF THE HOSPITAL OF THE UNIVERSITY OF PENNSYLVANIA (HUP) CONDUCT EDUCATIONAL CLASSES ON A VARIETY OF TOPICS INCLUDING CARING FOR BABY, FLU PREVENTION AND MORE. - ADDICTION UNIT AT PENN PRESBYTERIAN MEDICAL CENTER (PMC) - IS AN 18 BED FACILITY THAT PROVIDES REHAB TREATMENT FOR DRUG ADDICTS AND ALCOHOLICS. - DR. BERNETT L. JOHNSON, JR. SAYER HEALTH CENTER - THE LATE DR. SAYER HAD A VISION: TO CREATE A PRIMARY CARE HEALTH CENTER, WHERE PENN MEDICINE WORKS IN COLLABORATION WITH SAYER HIGH SCHOOL TO BRING STATE-OF-THE-ART HEALTH CARE TO THE NEIGHBORHOOD. SAYER IS ONE OF 30 SCHOOLS IN THE CITY PARTICIPATING IN PROJECT BIOEYES, AN INNOVATIVE EDUCATIONAL INITIATIVE SPONSORED BY THE UNIVERSITY OF PENNSYLVANIA'S INSTITUTE FOR REGENERATIVE MEDICINE AND THE NETTER CENTER FOR COMMUNITY PARTNERSHIPS. - PREVENTION POINT CLINIC - A NON-PROFIT GROUP THAT PRIMARILY SERVES THOSE WHO ARE UNINSURED OR LIVING IN SHELTERS. THE PRESENCE OF PENN DOCTORS AT THE CLINIC HAS BEEN GETTING AROUND BY WORD-OF-MOUTH. PREVENTION POINT OFFERS A VARIETY OF HEALTH SERVICES RANGING FROM TREATING INFECTIONS TO PROVIDING VACCINES FOR HEPATITIS AND TETANUS. PATIENTS WITH MORE CHRONIC ISSUES CAN RECEIVE REFERRALS TO PRIMARY CARE ELSEWHERE IN THE CITY. - PUENTES DE SALUD - THE GOAL OF THE ORGANIZATION IS TO BRIDGE THE GAP BRINGING LOW COST, HIGH QUALITY HEALTH CARE AND SOCIAL SERVICES TO SOUTH PHILADELPHIA'S GROWING LATINO POPULATION. VOLUNTEERS CONSISTING OF PENN PHYSICIANS, NURSES, MEDICAL STUDENTS AND UNDERGRADUATES FROM THE UNIVERSITY OF PENNSYLVANIA PROVIDE CARE FOR NEARLY 1,400 PATIENTS PRIMARILY SPANISH SPEAKING IMMIGRANTS. ROUGHLY 10% OF THEM ARE DIABETIC. - LATINA COMMUNITY HEALTH SERVICES (LCHS) IS THE WOMEN'S HEALTH EXTENSION OF PUENTES DE SALUD. THE PROGRAM WAS CREATED TO PROVIDE QUALITY HEALTH CARE TO HISPANIC WOMEN INCLUDING ULTRASOUND SCREENING AND DIABETES EDUCATION. - A GROUP OF CLERGY MEMBERS FROM CHRISTIAN STRONGHOLD BAPTIST CHURCH FREQUENTLY ADVISE PARISHIONERS SUFFERING FROM DEPRESSION, ANXIETY AND OTHER MENTAL HEALTH ISSUES. IN ORDER TO PROVIDE BETTER COUNSEL, THE CLERGY MEMBERS CONTACTED ASSISTANT PROFESSORS FROM PENN. ALONG WITH OTHER PENN PHYSICIANS THEY OVERSEE A SERIES OF SEMINARS AT THE CHURCH IN CONJUNCTION WITH THE MAINLINE CHAPTER OF THE NATIONAL ALLIANCE ON MENTAL ILLNESS (NAMI) TO EDUCATE THE PASTORS ON MENTAL HEALTH ISSUES. - HALL-MERCER HOMELESS PROGRAM - A PROGRAM THAT PROVIDES CARE AND RESOURCES FOR PEOPLE WHO LIVE ON THE STREETS OR HAVE A HISTORY OF HOMELESSNESS. AS THE BEHAVIORAL WING OF PENNSYLVANIA HOSPITAL, HALL-MERCER OFFERS A FULL RANGE OF SERVICES TO THE CITY'S MENTALLY ILL OR DISPLACED POPULATION. - PENN SIGHT SAVERS PROGRAM - A GROUP OF STUDENTS FROM THE PERELMAN SCHOOL OF MEDICINE CONDUCT HUNDREDS OF FREE GLAUCOMA SCREENINGS AND EDUCATE COMMUNITIES ON THE TOPIC OF OCULAR HEALTH. -------------------- PART VI, LINE 6 (AFFILIATED HEALTHCARE SYSTEM INFORMATION) THE MISSION OF THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM IS EXCELLENCE IN EDUCATION, RESEARCH, AND CLINICAL CARE. WE STRIVE TO ACHIEVE THESE GOALS BY HAVING THE BEST PEOPLE IN MEDICAL EDUCATION, HEALTH-RELATED RESEARCH, AND PATIENT CARE; MAKING USE OF KNOWLEDGE GAINED FROM NEARLY TWO AND A HALF CENTURIES OF LEARNING AND DISCOVERY AS PART OF A WORLD-CLASS UNIVERSITY; DELIVERING HIGH-QUALITY MEDICINE TO PATIENTS ACROSS A FULLY INTEGRATED ACADEMIC HEALTH SYSTEM; AND FULFILLING A COMMITMENT TO IMPROVE THE HEALTH OF PEOPLE IN THE COMMUNITIES SERVED BY THE HEALTH SYSTEM AND AROUND THE WORLD. AS PART OF AN AFFILIATED HEALTHCARE SYSTEM, THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM CONSISTS OF CERTAIN OPERATING DIVISIONS OF THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA (THE "UNIVERSITY") AND AFFILIATED ENTITIES, INCLUDING: - THE CHESTER COUNTY HOSPITAL ("CCH"), INCLUDES A 245 BED COMPLEX IN WEST CHESTER, PENNSYLVANIA AND SATELLITE LOCATIONS IN EXTON, WEST GOSHEN, NEW GARDEN, JENNERSVILLE AND KENNETT SQUARE, PENNSYLVANIA. CCH BECAME PART OF THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM EFFECTIVE SEPTEMBER 1, 2013. - THE HOSPITAL OF THE UNIVERSITY OF PENNSYLVANIA ("HUP"), A 727 LICENSED BED QUATERNARY CARE HOSPITAL AND ACADEMIC MEDICAL CENTER LOCATED ON THE CAMPUS OF THE UNIVERSITY IN THE WEST PHILADELPHIA AREA OF PHILADELPHIA, PENNSYLVANIA; - PENN PRESBYTERIAN MEDICAL CENTER OF THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM ("PRESBYTERIAN"), A 317 LICENSED BED ACUTE CARE HOSPITAL LOCATED ADJACENT TO THE CAMPUS OF THE UNIVERSITY IN THE WEST PHILADELPHIA AREA OF PHILADELPHIA, PENNSYLVANIA; - PENNSYLVANIA HOSPITAL OF THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM ("PENNSYLVANIA HOSPITAL"), A 550 LICENSED BED ACUTE CARE HOSPITAL LOCATED IN THE CENTER CITY AREA OF PHILADELPHIA, PENNSYLVANIA; - THE CLINICAL PRACTICES OF THE UNIVERSITY OF PENNSYLVANIA ("CPUP"), THE APPROVED FACULTY PRACTICE PLAN FOR THE CLINICAL PRACTICES OF 1,355 MEMBERS OF THE MEDICAL FACULTY OF THE UNIVERSITY'S PERELMAN SCHOOL OF MEDICINE; - CLINICAL CARE ASSOCIATES OF THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM ("CCA"), A PRIMARY CARE PHYSICIAN NETWORK CURRENTLY EMPLOYING APPROXIMATELY 170 PHYSICIANS AT 51 OFFICE LOCATIONS IN SOUTHEASTERN PENNSYLVANIA AND THROUGH ITS NEW JERSEY AFFILIATE IN SOUTHERN NEW JERSEY; AND - WISSAHICKON HOSPICE, A HOSPICE CARE FACILITY SERVING THE TERMINALLY ILL, LOCATED IN BALA CYNWYD, PENNSYLVANIA. HUP AND CPUP ARE OPERATING DIVISIONS OF THE UNIVERSITY. PRESBYTERIAN, PENNSYLVANIA HOSPITAL, WISSAHICKON HOSPICE AND CCA ARE SEPARATE NONPROFIT CORPORATIONS AFFILIATED WITH AND CONTROLLED BY THE UNIVERSITY. UPHS ACCEPTS PATIENTS IN SERIOUS NEED OF PROFESSIONAL MEDICAL CARE, INDEPENDENT OF THEIR FINANCIAL STATUS. THIS DEFINITION INCLUDES THOSE PATIENTS SUFFERING FROM A MEDICAL CONDITION MANIFESTING ITSELF BY ACUTE SYMPTOMS OF SUFFICIENT SEVERITY (INCLUDING SEVERE PAIN) SUCH THAT THE ABSENCE OF IMMEDIATE MEDICAL ATTENTION COULD REASONABLY BE EXPECTED TO RESULT IN (1) PLACING THE HEALTH OF THE INDIVIDUAL (OR, WITH RESPECT TO A PREGNANT WOMAN, THE HEALTH OF THE WOMAN OR HER UNBORN CHILD) IN SERIOUS JEOPARDY, OR (2) SERIOUS IMPAIRMENT TO BODILY FUNCTIONS. ACCORDINGLY, UPHS PROVIDES SERVICES TO PATIENTS, WHO MEET CERTAIN CRITERIA UNDER ITS CHARITY CARE POLICY, WITHOUT CHARGE OR AT AMOUNTS LESS THAN UPHS' ESTABLISED RATES. BECAUSE UPHS DOES NOT PURSUE COLLECTIONS, SUCH AMOUNTS HAVE BEEN EXCLUDED FROM NET PATIENT SERVICE REVENUE. UPHS ESTIMATED $10,680,000 AND $8,530,000 AROSE DURING FISCAL YEAR 2014 AND 2013, RESPECTIVELY, FROM PROVIDING SERVICES TO CHARITY PATIENTS. THE ESTIMATED COSTS OF PROVIDING CHARITY SERVICES ARE BASED ON DATA DERIVED FROM A COMBINATION OF THE UPHS' COST ACCOUNTING SYSTEM AND THE RATIO OF COSTS TO CHARGES. UPHS ALSO PROVIDES CARE TO PATIENTS WHO DO NOT HAVE HEALTH INSURANCE OR MEET THE CRITERIA TO QUALIFY FOR ITS CHARITY CARE POLICY. UPHS PURSUES COLLECTION OF THESE AMOUNTS, HOWEVER CERTAIN AMOUNTS ARE DEEMED TO BE UNCOLLECTIBLE. THESE AMOUNTS ARE CLASSIFIED IN THE PROVISION FOR BAD DEBTS. UPHS' PROVISION FOR BAD DEBTS TOTALED $239,649,000 AND $191,479,000 FOR FISCAL YEAR 2014 AND 2013, RESPECTIVELY. ADDITIONALLY, THE COSTS OF PROVIDING SERVICES TO ELIGIBLE WELFARE RECIPIENTS, WHO PARTICIPATE IN THE PENNSYLVANIA MEDICAL ASSISTANCE AND LOCAL MANAGED MEDICAID PROGRAMS EXCEEDED REIMBURSEMENT BY $120,414,000 AND $111,179,000 IN FISCAL YEAR 2014 AND 2013, RESPECTIVELY. IN ADDITION TO PROVIDING DIRECT PATIENT CHARITY CARE AND IN FURTHERANCE OF ITS EXEMPT PURPOSE TO BENEFIT THE COMMUNITY, UPHS OPERATES EMERGENCY ROOMS OPEN TO THE PUBLIC 24-HOURS PER DAY, 7 DAYS PER WEEK; MAINTAINS RESEARCH FACILITIES FOR THE STUDY OF DISEASE AND INJURIES; PROVIDES FACILITIES FOR TEACHING AND TRAINING VARIOUS MEDICAL PERSONNEL; FACILITATES THE ADVANCEMENT OF MEDICAL AND SURGICAL EDUCATION; AND PROVIDES VARIOUS COMMUNITY SERVICES SUCH AS SCREENINGS FOR THE DETECTION OF BREAST, COLORECTAL AND SKIN CANCER, CANCER SUPPORT GROUPS, A TOLL FREE NUMBER FOR CANCER INFORMATION, FREE IMMUNIZATION SHOTS, TRAINING PROGRAMS FOR THE CITY FIRE AND POLICE DEPARTMENTS, HEALTH EDUCATION CLASSES, SPEECHES AND REGULARLY PROVIDES HEALTH RELATED INFORMATION TO TELEVISION AND RADIO NEWS PROGRAMS AND TO REPORTERS AT NEWSPAPERS AND MAGAZINES. -------------------- PART VI, LINE 7 (STATE FILING OF COMMUNITY BENEFIT REPORT) N/A true Financial Aid to Undergraduate Students 6562 249889000 n/a n/a financial aid to graduate/professional students 7820 125031000 n/a n/a PROCEDURES FOR MONITORING GRANTS- FORM 990, SCHEDULE I, PART I, LINE 2 THE UNIVERSITY MAINTAINS A POLICY OF OFFERING QUALIFIED UNDERGRADUATE APPLICANTS ADMISSION TO THE UNIVERSITY WITHOUT REGARD TO FINANCIAL CIRCUMSTANCE. THIS POLICY PROVIDES FINANCIAL AID TO ELIGIBLE STUDENTS IN THE FORM OF DIRECT GRANTS AND EMPLOYMENT DURING THE ACADEMIC YEAR. THE UNIVERSITY MAINTAINS AN ALL-GRANT POLICY WHEREBY ANY QUALIFIED UNDERGRADUATE STUDENT WITH DEMONSTRATED FINANCIAL NEED RECEIVES A LOAN-FREE AID PACKAGE. STUDENTS MAY STILL BORROW AT THEIR DISCRETION TO SUPPLEMENT THEIR AID PACKAGES. AN UNDERGRADUATE STUDENT MAY ALSO BE ELIGIBLE FOR FACULTY/STAFF TUITION REMISSION AS A RESULT OF A PARENT BEING ELIGIBLE TO RECEIVE THIS BENEFIT AS A CONDITION OF THEIR EMPLOYMENT. GRADUATE/PROFESSIONAL FINANCIAL AID CAN BE AWARDED BASED ON FINANCIAL NEED, SERVICE (TEACHING FELLOWSHIPS, RESEARCH ASSISTANTSHIPS AND FELLOWSHIPS) OR OTHER CRITERIA SUCH AS MERIT/ACADEMICS. PHD STUDENTS GENERALLY RECEIVE MULTI-YEAR AWARDS COVERING THEIR FULL EDUCATIONAL COSTS. A GRADUATE/PROFESSIONAL STUDENT MAY ALSO BE ELIGIBLE FOR FACULTY/STAFF BENEFIT AS DESCRIBED ABOVE. -------------------- SUBAWARDS- FORM 990, SCHEDULE I, PART II IN FURTHERANCE OF ITS RESEARCH ACTIVITIES, THE UNIVERSITY OF PENNSYLVANIA MAKES SUB-AWARDS TO OTHER INSTITUTIONS THAT PERFORM RESEARCH IN CONNECTION WITH RESEARCH GRANTS AWARDED TO THE UNIVERSITY. THE UNIVERSITY DOES NOT CATEGORIZE THESE SUB-AWARDS AS GRANTS OR ASSISTANCE FOR FORM 990 REPORTING, SINCE THE RECIPIENT ORGANIZATIONS PERFORM RESEARCH SERVICES FOR THE UNIVERSITY AND ARE CONSIDERED INDEPENDENT CONTRACTORS WHICH SERVE THE DIRECT NEEDS OF THE UNIVERSITY. DURING THE YEAR ENDED JUNE 30, 2014, THE UNIVERSITY OF PENNSYLVANIA MADE SUB-AWARD PAYMENTS TO 348 RECIPIENTS TOTALING $93,172,000. X X X X X X true true X X X X X false true false false false false false true false ROBIN BECK FORMER VP, ISC 104371 0 43000 0 635 0 52582 0 3563 0 204151 0 0 0 CRAIG CARNAROLI EXECUTIVE VICE PRESIDENT 721120 0 208500 0 115004 0 65700 0 20908 0 1131232 0 114554 0 JEFFREY COOPER VP GOVT & COMMUNITY RELATIONS 306355 0 50000 0 1964 0 28260 0 21319 0 407898 0 0 0 BONNIE GIBSON VP BUDGET AND MGMT ANALYSIS 311122 0 50000 0 17705 0 28575 0 18738 0 426140 0 12191 0 STEPHEN GOLDING VP FINANCE AND TREASURER 375757 0 60000 0 1980 0 34144 0 20707 0 492588 0 0 0 JOHN HEUER VP HUMAN RESOURCES 339995 0 54000 0 22690 0 30870 0 5638 0 453193 0 22000 0 JOHN HORN COMPTROLLER 250557 0 30000 0 1008 0 22860 0 7299 0 311724 0 0 0 LARRY JAMESON VP AND DEAN OF PSOM 1315177 0 625940 0 114084 0 280950 0 24646 0 2360797 0 0 0 LESLIE KRUHLY VP AND SECRETARY 265071 0 46000 0 2936 0 24435 0 17374 0 355816 0 1277 0 STEPHEN J MACCARTHY VP COMMUNICATIONS 318533 0 57000 0 48190 0 29565 0 28639 0 481927 0 0 0 JOANN MITCHELL VP INSTITUTIONAL AFFAIRS 312689 0 53000 0 13484 0 28665 0 9194 0 417032 0 12201 0 THOMAS MURPHY VP ISC 334671 0 20000 0 533 0 0 0 19192 0 374396 0 0 0 ANNE PAPAGEORGE VP FACILITIES AND REAL ESTATE 361207 0 65000 0 24969 0 34600 0 14285 0 500061 0 24279 0 VINCENT PRICE PROVOST 627963 0 181000 0 1290 0 57375 0 13085 0 880713 0 0 0 GREGORY ROST VP AND CHIEF OF STAFF 404352 0 70000 0 39669 0 36990 0 23909 0 574920 0 38679 0 ARTHUR RUBENSTEIN FORMER VP, DEAN, PSOM 450802 0 0 0 11180 0 22950 0 21880 0 506812 0 0 0 MAUREEN RUSH VP PUBLIC SAFETY 263829 0 42000 0 2480 0 25605 0 16481 0 350395 0 1398 0 WENDY WHITE SR VP AND GENERAL COUNSEL 588255 0 101000 0 82060 0 53415 0 18571 0 843301 0 80080 0 MARIE WITT VP BUSINESS SERVICES 286384 0 43000 0 7745 0 26775 0 26658 0 390562 0 7089 0 JOHN ZELLER VP DEVELOPMENT & ALUMNI RELTNS 536048 0 396000 0 62782 0 49050 0 14213 0 1058093 0 60802 0 PETER AMMON CHIEF INVESTMENT OFFICER 325783 0 0 0 52386 0 832513 0 6902 0 1217584 0 0 0 ANDREW BINNS ASSOCIATE PROVOST 311893 0 0 0 1980 0 22950 0 19359 0 356182 0 0 0 DAWN BONNELL VICE PROVOST FOR RESEARCH 308250 0 0 0 772 0 22950 0 9128 0 341100 0 0 0 KATHY BRAMWELL VICE DEAN OF SAS- THRU 1/6/14 295669 0 0 0 618 0 22950 0 8864 0 328101 0 0 0 PATRICK BRENNAN MD SR VP & CHIEF MEDICAL OFFICER 429013 0 224919 0 53321 0 22950 0 12631 0 742834 0 0 0 REBECCA COOKE VICE DEAN, ADMIN PSOM 351647 0 144050 0 690 0 22950 0 21924 0 541261 0 0 0 PETER DEGNAN SENIOR ASSOCIATE DEAN 345863 0 0 0 690 0 22950 0 17478 0 386981 0 0 0 STEVEN J FLUHARTY DEAN OF SAS 459371 0 0 0 1290 0 40709 0 21264 0 522634 0 0 0 GLEN N GAULTON VICE DEAN, PSOM 520706 0 215570 0 76664 0 22950 0 15276 0 851166 0 0 0 KRISTIN GILBERTSON FORMER CHIEF INVESTMENT OFFCR 160663 0 2876 0 113 0 14513 0 1727 0 179892 0 0 0 ELIZABETH B JOHNSTON EXECUTIVE DIRECTOR CPUP 551647 0 262276 0 171629 0 110200 0 7905 0 1103657 0 124457 0 KEITH KASPER CFO, UPHS 559232 0 269500 0 214973 0 112000 0 25626 0 1181331 0 114882 0 JAMES MATTHEW LANE VICE DEAN OF SAS 127989 0 0 0 85 0 6245 0 20646 0 154965 0 0 0 KEVIN MAHONEY SENIOR VP, CHIEF ADMIN OFFICER 573731 0 283763 0 160947 0 115000 0 22543 0 1155984 0 123287 0 GAIL MORRISON VICE DEAN, EDUCATION PSOM 455351 0 185610 0 17354 0 22950 0 19198 0 700463 0 0 0 RALPH MULLER CEO, UPHS 1438646 0 683862 0 326455 0 0 0 15273 0 2464236 0 0 0 PHILIP OKALA SR VP BUSINESS DEVELOPMENT 347130 0 128354 0 47213 0 48435 0 21593 0 592725 0 27586 0 PETER D QUINN MD DMD SR VP, VICE DEAN, PSOM 812765 0 553439 0 9886 0 22950 0 17117 0 1416157 0 165499 0 THOMAS ROBERTSON DEAN OF WHARTON 598707 0 100000 0 36540 0 22950 0 13759 0 771956 0 0 0 GARRY L SCHEIB COO, UPHS 877654 0 408100 0 231149 0 176000 0 16827 0 1709730 0 198879 0 THOMAS L SPRAY MD CHOP- SURGERY 1396187 0 0 0 451573 0 22950 0 10991 0 1881701 0 0 0 MICHAEL SEAN GRADY MD SURGEON - OTORHINOLARYNGOLOGY 1280827 0 524480 0 3936 0 32593 0 17996 0 1859832 0 0 0 WILLIAM C WELCH MD NEUROSURGERY 1374689 0 400 0 190624 0 0 0 9016 0 1574729 0 0 0 PAUL MARCOTTE MD NEUROSURGERY 1352197 0 0 0 187553 0 14233 0 6409 0 1560392 0 0 0 ROSALIE ELENITSAS MD DERMATOLOGY 739825 0 0 0 740184 0 32593 0 19037 0 1531639 0 0 0 DR AMY GUTMANN PRESIDENT, EX-OFFICIO TRUSTEE 1175307 0 1479625 0 372421 0 360360 0 38393 0 3426106 0 0 0 DETAIL OF ADDITIONAL BENEFITS PROVIDED- FORM 990, SCHEDULE J, LINE 1A FIRST CLASS OR CHARTER TRAVEL THE MODE OF AIR TRAVEL UTILIZED BY UNIVERSITY EMPLOYEES IS EXPECTED TO BE THE LEAST COSTLY OPTION, CONSISTENT WITH THE ITINERARY AND PARTICULAR UNIVERSITY BUSINESS PURPOSE INVOLVED. ON FEDERALLY FUNDED PROJECTS, COMPLIANCE WITH THE FLY AMERICA ACT TAKES PRECEDENCE OVER CHOOSING A LESS EXPENSIVE FOREIGN CARRIER. IN CERTAIN LIMITED CIRCUMSTANCES, CERTAIN INDIVIDUALS MAY TRAVEL FIRST CLASS. ANY FIRST CLASS EXCEPTIONS TO THE UNIVERSITY'S POLICY ARE SUBJECT TO APPROPRIATE REVIEW AND APPROVAL. TRAVEL FOR COMPANIONS TRAVEL EXPENSES OF A SPOUSE (OR DEPENDENT) MAY BE PROVIDED BY THE UNIVERSITY AS A REGULAR BUSINESS EXPENSE ONLY IF THE TRAVEL SERVES A "BONA FIDE BUSINESS PURPOSE" OF THE UNIVERSITY. FURTHER, TRAVEL EXPENSES FOR SPOUSES AND DEPENDENTS ARE ALLOWABLE DURING THE INTERVIEW PROCESS PRIOR TO AN EMPLOYMENT OFFER, SINCE EMPLOYMENT IS CONSIDERED A FAMILY DECISION. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS THE UNIVERSITY MAY PROVIDE TAX GROSS-UP PAYMENTS UNDER CERTAIN CIRCUMSTANCES WITH APPROPRIATE APPROVAL. THE UNIVERSITY DOES NOT GENERALLY PROVIDE TAX INDEMNIFICATIONS. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE/HEALTH OR SOCIAL CLUB DUES/PERSONAL SERVICES AS A CONDITION OF EMPLOYMENT, THE PRESIDENT IS REQUIRED TO LIVE IN A HOME ON THE UNIVERSITY'S CAMPUS WHICH IS FURNISHED AND MAINTAINED AT THE UNIVERSITY'S EXPENSE. THE UNIVERSITY ALSO PROVIDES A HEALTH/SOCIAL CLUB MEMBERSHIP, TO BE USED BY THE PRESIDENT IN CONNECTION WITH HER DUTIES. THE PRESIDENT IS RESPONSIBLE FOR ANY PERSONAL USE OF THE CLUB MEMBERSHIP, HOUSEHOLD STAFF OR OTHER PERSONAL EXPENSES INCURRED. -------------------- PARTICIPATION IN A SUPP NONQUALIFIED PLAN- FORM 990, SCHEDULE J, LINE 4B THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA (THE "UNIVERSITY") MAINTAINS A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN ("SERP") DESIGNED FOR SENIOR ADMINISTRATORS AND DEANS OF THE UNIVERSITY AS DESIGNATED BY THE BOARD OF TRUSTEES WHO HAVE MADE THE 5% EMPLOYEE CONTRIBUTION TO THE UNIVERSITY'S 403(B) PLAN, HAVE UNIVERSITY COMPENSATION OVER CERTAIN IRS PROSCRIBED THRESHOLDS, AND ARE ACTIVELY EMPLOYED BY THE UNIVERSITY WHEN THE CONTRIBUTION IS MADE. VESTING IN THE SERP OCCURS AFTER EACH THREE YEARS OF PARTICIPATION AND UPON THE OCCURRENCE OF CERTAIN EVENTS (ATTAINMENT OF AGE 65, DEATH, DISABILITY, OR INVOLUNTARY TERMINATION WITHOUT "CAUSE"). CONTRIBUTIONS FOR THOSE WHO HAVE REACHED AGE 65 WILL BE FULLY VESTED WHEN MADE. UPON REACHING A VESTING DATE, PARTICIPANTS WILL AUTOMATICALLY RECEIVE A "PARTIAL" DISTRIBUTION WHICH WILL BE WITHHELD TO SATISFY THE TAX CONSEQUENCES OF VESTING. THE BALANCE OF VESTED SERP ACCOUNT WILL REMAIN IN THE PLAN AND WILL BE DISTRIBUTED (PLUS OR MINUS INVESTMENT EARNINGS/LOSSES) UPON TERMINATION OF EMPLOYMENT. PARTICIPANTS WHO VOLUNTARILY TERMINATE BEFORE VESTING WILL FORFEIT THE BALANCE IN THEIR ACCOUNTS. THE FOLLOWING INDIVIDUALS LISTED ON FORM 990, PART VII, SECTION A, LINE 1A PARTICIPATED IN THE UNIVERSITY SERP PLAN DURING THE YEAR AND/OR RECEIVED EMPLOYER PAID AMOUNTS DURING THE YEAR: AMMON, PETER- NO DISTRIBUTION CARNAROLI, CRAIG- $114,554 COOPER, JEFFREY- NO DISTRIBUTION FLUHARTY, STEVEN J.- NO DISTRIBUTION GIBSON, BONNIE- $12,191 GOLDING, STEPHEN- NO DISTRIBUTION HEUER, JOHN- $22,000 HORN, JOHN- NO DISTRIBUTION KRUHLY, LESLIE- $1,277 MACCARTHY, STEPHEN J.- NO DISTRIBUTION MITCHELL, JOANN- $12,201 MURPHY, THOMAS - NO DISTRIBUTION PAPAGEORGE, ANNE- $24,279 PRICE, VINCENT- NO DISTRIBUTION ROBERTSON, THOMAS- NO DISTRIBUTION ROST, GREGORY- $38,679 RUSH, MAUREEN- $1,398 WHITE, WENDY- $80,080 WITT, MARIE- $7,089 ZELLER, JOHN- $60,802 THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM (THE "HEALTH SYSTEM") MAINTAINS A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN ("SERP") DESIGNED FOR SENIOR ADMINISTRATORS OF THE HEALTH SYSTEM, AS DESIGNATED BY THE BOARD OF TRUSTEES, WHO ARE ACTIVELY EMPLOYED BY THE HEALTH SYSTEM WHEN THE CONTRIBUTIONS ARE MADE. VESTING IN THE SERP OCCURS AFTER EACH THREE YEARS OF PARTICIPATION AND UPON THE OCCURRENCE OF CERTAIN EVENTS (ATTAINMENT OF AGE 65, DEATH, DISABILITY, OR INVOLUNTARY TERMINATION WITHOUT "CAUSE"). CONTRIBUTIONS FOR THOSE WHO HAVE REACHED AGE 65 WILL BE FULLY VESTED WHEN MADE. UPON REACHING A VESTING DATE, PARTICIPANTS WILL AUTOMATICALLY RECEIVE A FULL DISTRIBUTION WHICH IS TAXABLE AS EARNED INCOME. PARTICIPANTS WHO VOLUNTARILY TERMINATE BEFORE VESTING WILL FORFEIT THE BALANCE IN THEIR ACCOUNTS. THE FOLLOWING INDIVIDUALS LISTED ON FORM 990, PART VII, SECTION A, LINE 1A PARTICIPATED IN THE HEALTH SYSTEM SERP PLAN DURING THE YEAR AND/OR RECEIVED EMPLOYER PAID AMOUNTS DURING THE YEAR: JOHNSTON, ELIZABETH- $124,457 KASPER, KEITH- $114,882 MAHONEY, KEVIN- $123,287 MULLER, RALPH- $287,337 OKALA, PHILIP- $27,586 QUINN, PETER D.- $165,499 SCHEIB, GARRY- $198,879 PROVISION OF NON-FIXED PAYMENTS- FORM 990, SCHEDULE J, LINE 7 THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA PROVIDES DISCRETIONARY BONUS AND/OR INCENTIVE COMPENSATION PAYMENTS TO ELIGIBLE EMPLOYEES. PAYMENTS MADE TO ANY DISQUALIFIED PERSON, AS DESCRIBED IN INTERNAL REVENUE CODE SECTION 4958, ARE APPROVED BY THE COMPENSATION COMMITTEE THROUGH THE PROCESS DESCRIBED IN FORM 990, PART VI, SECTION B, LINE 15. A PA HIGHER ED FACILITIES AUTHORITY- SERIES A&B 2005 222243852 70917NR97 2005-01-12 112618284 REFUND 1995 BONDS; SPRINKLER SYSTM false false false B PA HIGHER ED FACILITIES AUTHORITY- SERIES C 2005 222243852 70917N7V0 2005-08-18 146112644 REDEEM 1998 BONDS; CAP PROJECTS false false false C PA HIGHER ED FACILITIES AUTHORITY- SERIES A 2009 222243852 70917RUS2 2009-03-16 228289883 VARIOUS CAPITAL PROJECTS false false false D PA HIGHER ED FACILITIES AUTHORITY- SERIES B 2009 222243852 70917RUS2 2009-03-16 44226561 REFUND 2008A (REFUNDING 2002B) false false false A 82886284 0 112618284 0 0 0 273585 0 0 5039284 107305415 0 2005 true true true true B 23795644 0 146112644 0 0 0 945629 0 0 70126989 75040026 0 2006 false true true true C 11665883 0 228463615 0 0 0 1585008 0 0 194666046 32212561 0 2011 false false true true D 7415561 0 44226561 0 0 0 327620 0 0 0 43898941 0 2002 true false true true A false false false false 0.00000 0.00350 0.00350 false false 0.00000 false true B false true false false 0.00314 0.00989 0.01303 false false 0.00000 false true C false false false false 0.00000 0.00000 0.00000 false false 0.00000 false true D 0.00000 0.00000 0.00000 0.00000 A false true false false 0 false 0 false true B false true false false 0 false 0 false true C false true false false 0 false 0 false true D false true false false 0 false 0 false true A true B true C true D true TAX-EXEMPT BONDS- ADDITIONAL CUSIP # INFORMATION FORM 990, SCHEDULE K, PART I, ROW A, ITEM C THE FOLLOWING IS AN ADDITIONAL CUSIP # FOR THE PA HIGHER ED FACILITIES AUTHORITY- SERIES A & B OF 2005- 70917NQ72 -------------------- TAX-EXEMPT BONDS- DESCRIPTION OF BOND ISSUES: ALLOCATION OF PROCEEDS FORM 990, SCHEDULE K, PART I A PORTION OF THE PA HIGHER ED FACILITIES AUTHORITY-UPHS SERIES A OF 2014 BOND ISSUE HAS BEEN ALLOCATED TO PENNSYLVANIA HOSPITAL OF UPHS (EIN 31-1538725), PRESBYTERIAN MEDICAL CENTER (EIN 23-2810852), AND TO CHESTER COUNTY HOSPITAL (EIN 23-0469150), RELATED IRC SECTION 501(C)(3) ORGANIZATIONS. SINCE THE UNIVERSITY REMAINS AS THE PRIMARY OBLIGOR OF THE BOND, ALL INFORMATION REGARDING THE SERIES A OF 2014 BOND ISSUE HAS BEEN REPORTED ON THE FORM 990, SCHEDULE K OF THE UNIVERSITY. THE TOTAL ALLOCATED OUTSTANDING BALANCE WAS $4,000,000 FOR PENNSYLVANIA HOSPITAL, $15,000,000 FOR PRESBYTERIAN MEDICAL CENTER, AND $50,000,000 FOR CHESTER COUNTY HOSPITAL AS OF JUNE 30, 2014. A PORTION OF THE PA HIGHER ED FACILITIES AUTHORITY- UPHS SERIES A 2012 BOND ISSUE HAS BEEN ALLOCATED TO PENNSYLVANIA HOSPITAL OF UPHS (EIN 31-1538725) AND TO PRESBYTERIAN MEDICAL CENTER (EIN 23-2810852), RELATED IRC SECTION 501(C)(3) ORGANIZATIONS. SINCE THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA ("UNIVERSITY") REMAINS AS THE PRIMARY OBLIGOR OF THE BOND, ALL INFORMATION REGARDING THE UPHS SERIES A 2012 BOND ISSUE HAS BEEN REPORTED ON THE FORM 990, SCHEDULE K OF THE UNIVERSITY. THE TOTAL ALLOCATED OUTSTANDING BALANCE WAS $29,669,385 FOR PENNSYLVANIA HOSPITAL AND $22,274,539 FOR PRESBYTERIAN MEDICAL CENTER AS OF JUNE 30, 2014. A PORTION OF THE PA HIGHER ED FACILITIES AUTHORITY- UPHS SERIES A 2011 BOND ISSUE HAS BEEN ALLOCATED TO PENNSYLVANIA HOSPITAL OF UPHS (EIN 31-1538725) AND TO PRESBYTERIAN MEDICAL CENTER (EIN 23-2810852), RELATED IRC SECTION 501(C)(3) ORGANIZATIONS. SINCE THE UNIVERSITY REMAINS AS THE PRIMARY OBLIGOR OF THE BOND, ALL INFORMATION REGARDING THE UPHS SERIES A 2011 BOND ISSUE HAS BEEN REPORTED ON THE FORM 990, SCHEDULE K OF THE UNIVERSITY. THE TOTAL ALLOCATED OUTSTANDING BALANCE WAS $14,902,708 FOR PENNSYLVANIA HOSPITAL AND $14,902,708 FOR PRESBYTERIAN MEDICAL CENTER AS OF JUNE 30, 2014. A PORTION OF THE PA HIGHER ED FACILITIES AUTHORITY-UPHS SERIES A OF 2008 BOND ISSUE HAS BEEN ALLOCATED TO PENNSYLVANIA HOSPITAL OF UPHS (EIN 31-1538725), A RELATED IRC SECTION 501(C)(3) ORGANIZATION. SINCE THE UNIVERSITY REMAINS AS THE PRIMARY OBLIGOR OF THE BOND, ALL INFORMATION REGARDING THE SERIES A OF 2008 BOND ISSUE HAS BEEN REPORTED ON THE FORM 990, SCHEDULE K OF THE UNIVERSITY. THE TOTAL ALLOCATED OUTSTANDING BALANCE FOR PENNSYLVANIA HOSPITAL WAS $17,993,984 AS OF JUNE 30, 2014. A PORTION OF THE PA HIGHER ED FACILITIES AUTHORITY- UPHS SERIES A OF 2005 BOND ISSUE HAS BEEN ALLOCATED TO PRESBYTERIAN MEDICAL CENTER (EIN 23-2810852), A RELATED IRC SECTION 501(C)(3) ORGANIZATION. SINCE THE UNIVERSITY REMAINS AS THE PRIMARY OBLIGOR OF THE BOND, ALL INFORMATION REGARDING THE SERIES A OF 2005 BOND ISSUE HAS BEEN REPORTED ON THE FORM 990, SCHEDULE K OF THE UNIVERSITY. THE TOTAL ALLOCATED OUTSTANDING BALANCE FOR PRESBYTERIAN MEDICAL CENTER WAS $23,404,480 AS OF JUNE 30, 2014. -------------------- TAX-EXEMPT BONDS- ADDITIONAL DETAIL FOR PROCEEDS OF ISSUES FORM 990, SCHEDULE K, PART II, LINE 3 FOR PA HIGHER ED FACILITIES AUTHORITY- SERIES A 2009, THE TOTAL PROCEEDS OF ISSUE REPORTED INCLUDES $173,732 IN TOTAL INVESTMENT EARNINGS. FOR PA HIGHER ED FACILITIES AUTHORITY- SERIES A 2011, THE TOTAL PROCEEDS OF ISSUE REPORTED INCLUDES $5,086 IN TOTAL INVESTMENT EARNINGS. FOR PA HIGHER ED FACILITIES AUTHORITY- UPHS SERIES B 2005, THE TOTAL PROCEEDS OF ISSUE REPORTED INCLUDES $1,165,427 IN TOTAL INVESTMENT EARNINGS. FOR PA HIGHER ED FACILITIES AUTHORITY- UPHS SERIES A 2011, THE TOTAL PROCEEDS OF ISSUE REPORTED INCLUDES $297 IN TOTAL INVESTMENT EARNINGS. FOR PA HIGHER ED FACILITIES AUTHORITY- UPHS SERIES A 2012, THE TOTAL PROCEEDS OF ISSUE REPORTED INCLUDES $27,570 IN TOTAL INVESTMENT EARNINGS. ------------------ TAX-EXEMPT BONDS- ADDITIONAL DETAIL FOR PRIVATE BUSINESS USE PERCENTAGES FORM 990, SCHEDULE K, PART III FOR THE PA HIGHER ED FACILITIES AUTHORITY- UPHS SERIES A OF 2014, UPHS SERIES A OF 2012, UPHS SERIES A OF 2011, SERIES A OF 2011, SERIES A OF 2009, AND UPHS SERIES A OF 2008, THE UNIVERSITY HAS SPECIFICALLY ALLOCATED EQUITY TO ALL SOURCES OF PRIVATE BUSINESS USE, WITH THE EXCEPTION OF ISSUANCE COSTS, WITHIN THE REQUIRED TIME FRAME. AS SUCH, THE UNIVERSITY HAS REPORTED NO PRIVATE BUSINESS USE FOR THESE BOND SERIES ON FORM 990, SCHEDULE K, PART III, LINES 4 AND 5. A PA HIGHER ED FACILITIES AUTHORITY- SERIES C 2009 222243852 70917RUS2 2009-03-16 31057669 PARTIAL REFUND OF 1998 BONDS false false false B PA HIGHER ED FACILITIES AUTHORITY- SERIES OF 2010 222243852 70917RP33 2010-10-13 77125325 COMPLETE REFUND OF 1998 BONDS false false false C PA HIGHER ED FACILITIES AUTHORITY- SERIES A 2011 222243852 70917RS30 2011-03-02 150994928 CONSTRUCTION/RENOVATION PROJECTS false false false D WASHINGTON COUNTY AUTHORITY- SERIES OF 2004 222243852 938591BF0 2004-05-27 62500000 REDEEM 1985 BONDS false false false A 1146669 0 31057669 0 0 0 224995 0 0 0 30832674 0 1998 true false true true B 1067325 0 77125325 0 0 0 547309 0 0 0 76578016 0 1998 true false true true C 143928 0 151000014 0 0 0 815635 0 0 150187379 0 0 2011 false false true true D 6000000 0 62500000 0 0 0 465649 0 0 0 62034351 0 2004 true false true true A 0.00000 0.00000 0.00000 0.00000 B 0.00000 0.00000 0.00000 0.00000 C false false false false 0.00000 0.00000 0.00000 false false 0.00000 false true D 0.00000 0.00000 0.00000 0.00000 A false true false false 0 false 0 false true B false true false false 0 false 0 false true C false true false false 0 false 0 false true D false true true false 0 false 0 false true A true B true C true D true A PA HIGHER ED FACILITIES ATHRTY- UPHS SERIES A 2005 222243852 70917NX41 2005-02-16 295526878 REFUND SERIES A 1996 false false false B PA HIGHER ED FACILITIES ATHRTY- UPHS SERIES B 2005 222243852 70917NX41 2005-02-16 89118513 CTR FOR ADV MED FACILITY false false false C PA HIGHER ED FACILITIES ATHRTY- UPHS SERIES A 2008 222243852 70917RPY5 2008-04-16 105805000 REFUND PHX 2002; CAPITAL PROJECTS false false false D PA HIGHER ED FACILITIES ATHRTY- UPHS SERIES B 2008 222243852 70917RTN5 2008-11-05 198316551 REFUND UPHS SERIES C&D 2005 false false false A 140014878 0 295526878 0 0 0 348073 5082378 0 0 290096427 0 1996 false true true true B 55786513 0 90283940 0 0 0 95577 1339245 0 33129342 55719776 0 2010 false true true true C 24595000 0 105805000 0 0 0 786485 79656 0 81538099 23400760 0 2009 true false true true D 50648551 0 198316551 0 0 0 2241551 0 0 0 196075000 0 2005 true false true true A 0.00000 0.00000 0.00000 0.00000 B false true true true true true 0.01079 0.00011 0.01090 false false false true C false false false false 0.00000 0.00000 0.00000 false false 0.00000 false true D false true true true true true 0.00138 0.00015 0.00153 false false 0.00000 false true A false true false false 0 true WACHOVIA BANK 1.58 true false true B false true false false 0 true WACHOVIA BANK 1.58 true false true C false true true false 0 false 0 false true D false true false false 0 false 0 false true A true B true C true D true A PA HIGHER ED FACILITIES ATHRTY- UPHS SERIES A 2011 222243852 70917RT47 2011-03-02 148861396 CONSTRUCTION/RENOVATION PROJECTS false false false B PA HIGHER ED FACILITIES ATHRTY- UPHS SERIES A 2012 222243852 70917R5B7 2012-05-02 149995567 EXPANSION/FACILITY ENHANCEMENT false false false C PA HIGHER ED FACILITIES ATHRTY- UPHS SERIES A 2014 222243852 2014-06-12 100000000 VARIOUS CAPITAL PROJECTS false false false A 0 0 148861693 0 0 0 1061385 0 0 147800308 0 0 2012 false false true true B 1499567 0 150023137 0 0 0 1006804 0 0 149016333 0 0 2013 false false true true C 0 0 100000000 0 0 0 400175 0 0 99599825 0 0 2014 false false true true A false false false false 0.00000 0.00000 0.00000 false false 0.00000 false true B false false false false 0.00000 0.00000 0.00000 false false 0.00000 false true C false false false false 0.00000 0.00000 0.00000 false false 0.00000 false true A false true false false 0 false 0 false true B false true false false 0 false 0 false true C false true true false 0 false 0 false true A true B true C true AMY GUTMANN PRESIDENT, TRUSTEE EMPLOYEE LOAN X 700000 0 false true true ANDREW PORTER DEAN, GSE EMPLOYEE LOAN X 150000 0 false true true MARILYN J TAYLOR DEAN, SOD EMPLOYEE LOAN X 150000 0 false true true 0 BLACKROCK INC COMMON TRUSTEE/OFFICER 157707 INVESTMENT SRVCS false COMCAST CORPORATION COMMON TRUSTEE/OFFICER 746248 PROGRAMMING/ADVERTISING SRVCS false GOLDMAN SACHS COMMON TRUSTEE/OFFICER 3529060 SWAP INTEREST PAYMENT false GOLDMAN SACHS COMMON TRUSTEE/OFFICER 2200000 POSTING OF COLLATERAL/RETURNS false JP MORGAN ASSET MANAGEMENT COMMON TRUSTEE/OFFICER 1804448 PENSION PLAN CONTRIBUTIONS false XEROX COMMON TRUSTEE/DIRECTOR 1125827 TECHNOLOGY AND BUSINESS SRVCS false GRANTS OR ASST. BENEFITING INT. PERSONS- FORM 990, SCHEDULE L, PART III CERTAIN OFFICERS AND/OR KEY EMPLOYEES OF THE UNIVERSITY MAY RECEIVE TUITION ASSISTANCE FROM THE ORGANIZATION. THE AMOUNT OF SUCH ASSISTANCE HAS BEEN ACCOUNTED FOR AS A COMPONENT OF OVERALL COMPENSATION REPORTED FOR EACH APPLICABLE OFFICER/KEY EMPLOYEE ON FORM 990, PART VII. AS A RESULT, PURSUANT TO THE FORM 990, SCHEDULE L INSTRUCTIONS, SUCH AMOUNTS HAVE NOT BEEN ALSO REPORTED ON SCHEDULE L, PART III. -------------------- SUPP. INFO REGARDING TRANSACTIONS- FORM 990, SCHEDULE L, PART IV, ITEM #3 THE GOLDMAN SACHS POSTING OF COLLATERAL/RETURNS SIGNIFIES COLLATERAL REQUIRED TO BE POSTED UNDER THE TERMS OF THE INTEREST RATE SWAP AGREEMENT IF CERTAIN THRESHOLDS ARE MET. THE AMOUNT REPRESENTS COLLATERAL POSTED DURING THE FISCAL YEAR. THE FULL AMOUNT OF COLLATERAL POSTED DURING THE FISCAL YEAR WAS RETURNED BY THE END OF THE FISCAL YEAR AND THERE WAS NO COLLATERAL POSTED AT FISCAL YEAR END. -------------------- ADD'L SUPP INFORMATION- FORM 990, SCHEDULE L, PART IV TRUSTEE ROBERT S. KAPITO IS ALSO AN OFFICER OF BLACKROCK, INC. TRUSTEE DAVID L. COHEN, ESQ. IS ALSO AN OFFICER OF COMCAST CORPORATION. TRUSTEE MARK O. WINKELMAN IS ALSO AN OFFICER OF GOLDMAN SACHS. TRUSTEE LEE SPELMAN DOTY IS ALSO AN OFFICER OF JP MORGAN ASSET MANAGEMENT. TRUSTEE ANN NOLAN REESE IS ALSO A DIRECTOR OF XEROX. X 5 275003 FAIR MARKET VALUE X 18 264523 FAIR MARKET VALUE X 940339 FAIR MARKET VALUE X 1980 164677906 FAIR MARKET VALUE X DONATED EQUIPMENT 15 1439193 FAIR MARKET VALUE X OTHER GIFTS IN KIND 71 973227 FAIR MARKET VALUE false true true UTILIZATION OF THIRD PARTIES FOR SALES- SCHEDULE M, PART I, LINE 32B IN RARE INSTANCES WHERE NON-RARE, DUPLICATE, DONATIONS OF ART, HISTORICAL ASSETS OR OTHER SIMILAR ASSETS ARE RECEIVED, SUCH ITEMS MAY BE SENT TO A NON-PROFIT VENDOR FOR RESALE. THE UNIVERSITY THEN RECEIVES A PORTION OF THE SALES PRICE. THE TOTAL ACTIVITY WITH THIS VENDOR TYPICALLY GENERATES LESS THAN $2,000 PER YEAR. BUSINESS TRANs-FORM 990, PART IV, LINE 28 & FORM 990, SCHEDULE L, PART IV DURING THE NORMAL COURSE OF ITS OPERATIONS AND AFTER APPROPRIATE REVIEW, THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA (THE "UNIVERSITY") MAY OCCASIONALLY TRANSACT BUSINESS WITH PERSONS AND/OR ORGANIZATIONS DESCRIBED ON FORM 990, PART IV, LINE 28. IN THIS REGARD, THE UNIVERSITY ADHERES TO A CONFLICT OF INTEREST POLICY AND ANY SUCH TRANSACTIONS ARE CONDUCTED AT AN ARMS-LENGTH BASIS. -------------------- FORM 990 REVIEW PROCESS- FORM 990, PART VI, SECTION B, LINE 11 THE FIRST DRAFT OF THE FEDERAL FORM 990 IS RECEIVED FROM OUR TAX CONSULTING FIRM, PRICEWATERHOUSECOOPERS LLP ("PWC"), ON OR BEFORE MARCH 15TH OF THE FILING YEAR AND REVIEWED BY THE ASSOCIATE COMPTROLLER. THE FORM 990 IS THEN DISTRIBUTED TO VARIOUS SENIOR FINANCIAL MANAGEMENT OFFICIALS, INCLUDING THE COMPTROLLER, CFO OF THE HEALTH SYSTEM, AND VICE PRESIDENT FOR FINANCE AND TREASURER PRIOR TO MEETING WITH PWC AND THE ASSOCIATE COMPTROLLER TO DISCUSS AND FINALIZE THE FORM. A "FINAL" DRAFT COPY OF THE FEDERAL FORM 990 IS DISTRIBUTED ELECTRONICALLY TO THE AUDIT AND COMPLIANCE COMMITTEE APPROXIMATELY 6 WEEKS PRIOR TO THE FILING DEADLINE. A TELECONFERENCE IS ESTABLISHED WITHIN 3 WEEKS FROM THE DISTRIBUTION DATE TO DISCUSS QUESTIONS, CONCERNS AND ISSUES. ATTENDEES INCLUDE THE MEMBERS OF THE AUDIT AND COMPLIANCE COMMITTEE, ASSOCIATE VP FOR AUDIT, COMPLIANCE AND PRIVACY, AND THE ASSOCIATE COMPTROLLER. THE FINAL COPY OF THE FEDERAL FORM 990 IS POSTED TO THE TRUSTEES' WEB SITE FOR DISTRIBUTION AND REVIEW BY ALL TRUSTEES PRIOR TO THE ACTUAL FILING DEADLINE. -------------------- CONFLICT OF INTEREST POLICY- FORM 990, PART VI, SECTION A, LINE 12C EACH COVERED PERSON* ANNUALLY SHALL COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE PROVIDED BY THE UNIVERSITY AND SHALL UPDATE SUCH QUESTIONNAIRE PROMPTLY AS NECESSARY TO REFLECT CHANGES DURING THE COURSE OF THE YEAR. FORMER BOARD MEMBERS WHO ARE NOT TRUSTEE EMERITI ARE ENCOURAGED BUT NOT REQUIRED TO COMPLETE THE QUESTIONNAIRE DURING THE FIVE-YEAR PERIOD FOLLOWING COMPLETION OF THEIR TERMS. COMPLETED QUESTIONNAIRES SHALL BE RETURNED TO THE OFFICE OF THE SECRETARY AND SHALL BE SUBJECT TO REVIEW BY SUCH OFFICE AND THE OFFICE OF THE GENERAL COUNSEL, AS WELL AS BY ANY OUTSIDE LEGAL COUNSEL AND/OR AUDITORS WHO MAY BE APPOINTED TO ADVISE THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES APPOINTED TO OVERSEE THIS POLICY. COMPLETED QUESTIONNAIRES ALSO SHALL BE AVAILABLE FOR INSPECTION BY ANY BOARD MEMBER. *COVERED PERSONS INCLUDE: (1) VOTING MEMBERS OF THE BOARD OF TRUSTEES (INCLUDING CHARTER TRUSTEES, TERM TRUSTEES, ALUMNI TRUSTEES, AND COMMONWEALTH TRUSTEES); (2) TRUSTEE EMERITI WHO HAVE SERVED IN THAT CAPACITY FOR FIVE YEARS OR LESS; (3) OTHER FORMER VOTING TRUSTEES FOR A PERIOD OF FIVE YEARS FROM THE END OF THEIR TERM AS SUCH; (4) OFFICERS AS DEFINED IN THE STATUTES; (5) MEMBERS OF THE INVESTMENT BOARD; AND (5) KEY EMPLOYEES. EACH COVERED PERSON (EXCEPT FORMER BOARD MEMBERS WHO ARE NOT TRUSTEE EMERITI) SHALL BE REQUIRED TO ACKNOWLEDGE, NOT LESS THAN ANNUALLY, THAT HE OR SHE HAS READ AND IS IN COMPLIANCE WITH THIS POLICY. -------------------- COMPENSATION PROCESS- FORM 990, PART VI, SECTION B, LINE 15 THE MEMBERSHIP OF THE COMPENSATION COMMITTEE CONSISTS OF AT LEAST 5 DISINTERESTED, VOTING MEMBERS OF THE BOARD OF THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA. THE COMMITTEE HAS THE AUTHORITY AND RESPONSIBILITY BOTH FOR PROVIDING OVERSIGHT AND REVIEW OF THE EXECUTIVE COMPENSATION PROCESS, OVERSIGHT AND REVIEW OF THE ACTUAL COMPENSATION DECISIONS, AND FOR REVIEWING ACTUAL AND PERCEIVED CONFLICT OF INTEREST TRANSACTIONS INVOLVING TRUSTEES AND STATUTORY OFFICERS ACCORDING TO GUIDELINES ESTABLISHED BY THE UNIVERSITY'S CONFLICT-OF-INTEREST POLICY AS ADOPTED BY THE BOARD OF TRUSTEES. THE COMMITTEE ADOPTS AND IMPLEMENTS EXECUTIVE COMPENSATION PRINCIPLES, AND IS ACCOUNTABLE FOR THE COMPENSATION AND BENEFITS ARRANGEMENTS OF THE PRESIDENT AND HER DIRECT REPORTS, THE STATUTORY OFFICERS, SENIOR ACADEMIC OFFICIALS, DEANS, OTHER KEY EMPLOYEES, AND ALL THOSE INDIVIDUALS WHO ARE POTENTIALLY DISQUALIFIED PERSONS WITHIN THE MEANING OF THE INTERMEDIATE SANCTIONS LEGISLATION. THE COMMITTEE MAY PERIODICALLY REVIEW THE COMPENSATION AND BENEFITS OF OTHER HIGHLY COMPENSATED INDIVIDUALS, EVEN IF THEY ARE NOT DEEMED TO EXERCISE "SUBSTANTIAL INFLUENCE" OVER THE UNIVERSITY. THE COMPENSATION SUBCOMMITTEE (CREATED TO CONFORM TO CERTAIN PROCEDURES IN DOCUMENTING REASONABLE SALARIES FOR THE OFFICERS OF THE UNIVERSITY), MEETS AT LEAST TWICE A YEAR TO REVIEW APPROPRIATE DATA, INCLUDING COMPARABLE SALARIES, IN ORDER TO REPORT ITS CONCLUSIONS AND RECOMMENDATIONS ON OFFICERS' SALARIES FOR FINAL APPROVAL. THE COMPENSATION SUBCOMMITTEE ENGAGES AN INDEPENDENT THIRD PARTY TO SERVE AS A CONSULTANT. -------------------- DOCUMENTS AVAILABLE TO PUBLIC- FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS - OFFICIAL RECORDS GENERATED OR RECEIVED BY THE ADMINISTRATIVE AND ACADEMIC OFFICES OF THE UNIVERSITY IN THE CONDUCT OF THEIR BUSINESS ARE THE PROPERTY OF THE UNIVERSITY AND MAY BECOME ARCHIVAL MATERIAL. THE ARCHIVED RECORDS ARE AVAILABLE THROUGH THE UNIVERSITY ARCHIVES AND RECORDS CENTER WEB SITE HTTP://WWW.ARCHIVES.UPENN.EDU UNDER PRIMARY SOURCES. FORM 1023 - SINCE THE UNIVERSITY HAS BEEN IN EXISTENCE SINCE 1740, THE ORGANIZATION WAS NOT REQUIRED TO FILE A FORM 1023 APPLICATION. INSTEAD, ITS IRC SECTION 501(C)(3) TAX-EXEMPT STATUS WAS GRANDFATHERED BY THE IRS. CONFLICT OF INTEREST POLICES - POLICIES, STATEMENTS, AND GUIDELINES ARE AVAILABLE TO THE PUBLIC ON THE OFFICE OF THE AUDIT, COMPLIANCE, AND PRIVACY WEB SITE AT HTTP://WWW.UPENN.EDU/AUDIT/OACP UNDER PRINCIPLES OF RESPONSIBLE CONDUCT. FINANCIAL STATEMENTS - THE UNIVERSITY'S ANNUAL REPORT IS PRODUCED BY THE OFFICE OF THE VICE PRESIDENT AND TREASURER IN CONJUNCTION WITH THE OFFICE OF THE COMPTROLLER AND INCLUDES THE UNIVERSITY'S AUDITED FINANCIAL STATEMENTS, SUMMARY OF ENDOWMENT PERFORMANCE, AND MESSAGES FROM EXECUTIVE MANAGEMENT. ANNUAL REPORTS ARE PUBLISHED AFTER THE CLOSE OF EACH FISCAL YEAR (JULY 1 TO JUNE 30) AND ARE AVAILABLE ON THE COMPTROLLER WEB SITE AT HTTP://WWW.FINANCE.UPENN.EDU/COMPTROLLER UNDER ANNUAL REPORTS. -------------------- DETAIL OF OTHER CHANGES IN NET ASSETS- FORM 990, PART XI, LINE 9 PENSION & OTHER POSTRETIREMENT PLAN ADJ. $(39,856,000) RA CITRUS-HEIGHT REMAINDERCO LLC 6162 SAN JUAN AVE CITRUS HEIGHTS CA 95610 134018559 REMAINDER CA 0 0 NA RA FLINT REMAINDERCO LLC 5014 CLIO ROAD FLINT MI 48501 134018594 REMAINDER MI 0 0 NA RA GIBBSTOWN REMAINDERCO LLC 380 HARMONY ROAD GIBBSTOWN NJ 08027 231352685 REMAINDER NJ 0 0 NA RA BLYTHE REMAINDERCO LLC 890 E HOBSON WAY BLYTHE CA 92225 231352685 REMAINDER CA 0 0 NA RA CLAREMONT REMAINDERCO LLC 45-99 WASHINGTON STREET CLAREMONT NH 03743 231352685 REMAINDER NH 0 0 NA RA03 NEW OXFORD REMAINDERCO LLC 5675 YORK ROAD NEW OXFORD PA 17350 231352685 REMAINDER PA 0 0 NA UNIV OF PENN USA FOUNDATION LTD 19 NORCOTT ROAD LONDON ENGLAND UK N167EJ 980387770 CHARITY UK 1190807 2329970 TRUSTEES UNIV OF PENN (HK) FND LIMITED ROOM 8 7/F K WAH CENTRE 191 JAVA RD HONG KONG HK 981062727 CHARITY HK 7745 258212 TRUSTEES LEARNING ALLIANCE LLC 1398 WLIMINGTON PIKE WEST CHESTER PA 19383 562351966 EDUCATIONAL PA -25370 2763891 TRUSTEES ABRAMSON INSTITUTE 1086 PENLLYN BLUE BELL PIKE BLUE BELL PA 19422 232929823 MED RESEARCH PA 501(C)(3) 4 NA false CLINICAL CARE ASSOCIATES OF UPHS 250 KING OF PRUSSIA RD 4TH FL RADNOR PA 19087 232729852 HEALTHCARE PA 501(C)(3) 9 TRUSTEES true UNIVERSITY CLUB AT PENN INC 3611 WALNUT STREET PHILADELPHIA PA 19104 236299508 FAC. 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PA 501(C)(3) 9 CCH&HS true CHESTER COUNTY HOSPITAL & HEALTH SYSTEM 701 E MARSHALL STREET WEST CHESTER PA 19380 264233321 MGMT SERV. 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REMAINDER TRUSTS- FORM 990, SCHEDULE R, PART IV, LINE 4 AS OF JUNE 30, 2014, THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA (THE "UNIVERSITY") HELD INTERESTS IN 2 CHARITABLE REMAINDER TRUSTS IN FLORIDA, 1 CHARITABLE REMAINDER TRUST IN NEW YORK AND 64 CHARITABLE REMAINDER TRUSTS IN PENNSYLVANIA WHERE THE UNIVERSITY HAD MORE THAN 50% OF THE BENEFICIAL INTERESTS IN THE TRUSTS.