2014-05-13T13:44:26-05:00 2013-06-30 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2012-07-01 580568698 OGLETHORPE UNIVERSITY INC OGLE 4042611441 4484 PEACHTREE ROAD NE ATLANTA GA 30319 MICHAEL HORAN 4043648300 2014-04-29 1 JEFF T FUCITO P00120748 7709558600 2014-04-29 X 2012 2016-03-07 17:11:31Z LAWRENCE SCHALL 4484 PEACHTREE ROAD NE ATLANTA GA 30319 63516645 0 X WWW.OGLETHORPE.EDU X 1835 GA INSTITUTION OF HIGHER EDUCATION 40 39 551 42 1841 -58539 14141255 5757284 34730670 35623493 1094867 136179 34219 104846 50001011 41621802 15655246 16187880 0 0 12038402 11932964 0 0 894575 12938071 11597873 40631719 39718717 9369292 1903085 75521733 81973593 23404100 26947491 52117633 55026102 INSTITUTION OF HIGHER EDUCATION 0 0 26936846 16187880 28694406 INSTRUCTION - THE COST OF OFFERING THE ACADEMIC PROGRAMS. 5607498 5765288 STUDENT SERVICES - THE COSTS OF EXTRACURRICULAR AND STUDENT-ORIENTED SERVICES AND PROGRAMS DESIGNED TO ENHANCE THE LEARNING ENVIRONMENT. 2826593 1163799 AUXILIARY SERVICES, THE COSTS OF ACTIVITIES ASSOCIATED WITH THE SUPPORT OF THE CAMPUS AND RESIDENTIAL COMMUNITY. 35370937 1 1 0 0 0 0 0 1 0 1 1 1 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 123 0 1 551 1 1 1 0 0 0 0 0 0 0 0 0 X 40 39 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X MICHAEL HORAN VP OF BUSINESS AFFAIRS 4043648300 4484 PEACHTREE ROAD NE ATLANTA GA 30319 MR LAWRENCE M SCHALL 60.00 X X 234519 0 33702 MR J FREDERICK AGEL SR 1.00 X 0 0 0 MR RICHARD BAKARE 1.00 X 0 0 0 MR ROBERT E BOWDEN 1.00 X 0 0 0 MR CAMERON M BREADY 1.00 X 0 0 0 MR ANIL T CHERIYAN 1.00 X 0 0 0 MR DAVID N COOPER 1.00 X 0 0 0 MS CEREE EBERLY 1.00 X 0 0 0 MR NORMAN P FINDLEY III 2.00 X X 0 0 0 MR KEVIN D FITZPATRICK JR 1.00 X 0 0 0 MR JACK GUYNN 1.00 X 0 0 0 MR HARALD R HANSEN 2.00 X X 0 0 0 MR JAMES V HARTLAGE JR 1.00 X 0 0 0 MR TED HEINTZ 1.00 X 0 0 0 MR LARRY JOHNSON 1.00 X 0 0 0 MR DAVID M LEONARD 1.00 X 0 0 0 MRS BELLE TURNER LYNCH 1.00 X 0 0 0 MS PENNY MCINTYRE 1.00 X 0 0 0 DR ISAAC MELAMED 1.00 X 0 0 0 MR ANDY MILFORD 1.00 X 0 0 0 MR BOB T NANCE 1.00 X 0 0 0 MR THOMAS P O'CONNOR 1.00 X X 0 0 0 MR CEMAL AHMET OZGORKEY 1.00 X 0 0 0 MS S TAMMY PEARSON 2.00 X X 0 0 0 MR ROBERT E REISER JR 1.00 X 0 0 0 MR CLIFFORD ROBINSON 1.00 X 0 0 0 MR CHRIS RYLANDS 1.00 X 0 0 0 MR BRIAN SASS 1.00 X 0 0 0 MR JOSEPH P SHELTON 2.00 X X 0 0 0 DR WILLIAM O SHROPSHIRE 1.00 X 0 0 0 MR ARNOLD B SIDMAN 1.00 X 0 0 0 MRS DEAN DUBOSE SMITH 1.00 X 0 0 0 MR MICHAEL K SZALKOWSKI 1.00 X 0 0 0 MR TIMOTHY P TASSOPOULOS 1.00 X 0 0 0 MS TRISHANDA TREADWELL ESQ 1.00 X 0 0 0 DR G GILMAN WATSON 1.00 X 0 0 0 MR TERRY WHITE 1.00 X 0 0 0 MR JAMES J WILLIAMS 1.00 X 0 0 0 MR MARK A WILLIAMS 1.00 X 0 0 0 MR RAYMOND S WILLOCH 1.00 X 0 0 0 MS LUCY LEUSCH 40.00 X 112570 0 14829 MR MICHAEL D HORAN 40.00 X 132069 0 24778 MS MICHELLE T HALL 40.00 X 110000 0 10220 MS DENISE RUNGE 40.00 X 171472 0 20295 MR ROBERT K SMYRL 40.00 X 87177 0 3468 MR KEITH AUFDERHEIDE 40.00 X 114000 0 8087 MR MICHAEL K RULISON 40.00 X 113933 0 31013 MR J TODD BENNETT 40.00 X 100844 0 150 1176584 0 146542 8 0 1 0 JUNEAU CONSTRUCTION COMP 3715 NORTHSIDE PKWY NW BLDG 300 ST ATLANTA GA 30327 CONSTRUCTION SERVICES 11676216 ARAMARK SERVICES INC 3000 WOODROW WAY ATLANTA GA 30319 FOOD SERVICES 1748112 NATIONAL MANAGEMENT RESOURCES 113 CORPORATE PARK EAST DRIVE LAGRANGE GA 30241 PHYSICAL PLANT MAINT & CUSTODIAL SVCS 926926 ROYAL & COMPANY 1920 EACH PARHAM ROAD RICHMOND VA 23228 STRATEGIC MARKETING PROGRAMS 359330 COLLINS COOPER CARUSI ARCHITECTS 3391 PEACHTREE RD STE 400 ATLANTA GA 30326 ARCHITECTURAL SERVICES 190203 18 5757284 202000 5757284 TUITION AND FEES 611310 28694406 28694406 ROOM AND BOARD 611310 5765288 5765288 AUXILIARY SERVICES 611310 1163799 1163799 35623493 291706 291706 21735054 21890581 -155527 -155527 -155527 30784 4262 26522 1841 24681 MISCELLANEOUS 900099 78324 78324 78324 41621802 0 1841 35862677 16187880 16187880 1174399 466272 371322 336805 9032916 7968239 1003054 61623 346964 300471 38082 8411 674857 597568 71511 5778 703828 592257 104404 7167 9515 9515 77515 77515 82559 82559 1979782 1496799 474297 8686 745 745 643767 421475 176718 45574 220501 146279 16009 58213 1273621 1017059 256562 811016 620616 52211 138189 446925 229450 154268 63207 570204 466484 103720 1788715 1463348 325367 194933 160077 34856 FOOD SERVICES 1621476 1597213 24263 REPAIRS & MAINTENANCE 792407 776163 16244 INSTRUCTION MATERIALS 373992 373992 DUES 248189 181377 66812 462011 307173 101235 53603 39718717 35370937 3453205 894575 2298737 925515 10002908 3985254 619060 611401 17987 16010 718874 740365 74766360 33483483 41281125 41282877 18037733 19857327 106012 190202 2439297 14364642 75521733 81973593 2083202 4167406 2353768 2305063 11573300 14590000 5536970 3415125 1856860 2469897 23404100 26947491 X 23991558 24119167 13589489 14194595 14536586 16712340 52117633 55026102 75521733 81973593 X 1903085 977162 28222 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 160000 160000 X X X X 0 0 18158769 2175754 317525 817263 19834785 19256753 81763 -250169 929578 18158769 17522206 191141 2573827 1030422 19256752 16170007 322312 2160592 1130705 17522206 20256552 111718 -3068408 1129855 16170007 0.14740 0.84260 0.01000 1 0 3591797 3591797 55805172 27460570 28344602 12222791 6022913 6199878 3146600 3146600 41282877 PRIVATELY HELD STOCK 264002 F MUTUAL FUNDS 12249199 F MONEY MARKET FUNDS 949247 F EQUITY SECURITIES 6316414 F PRIVATE CAPITAL 78465 F 19857327 CONSTRUCTION IN PROGRESS 13779588 PERKINS LOANS RECEIVABLE, NET 585054 14364642 FAIR MARKET VALUE OF INTEREST RATE SWAP 263521 ADVANCES FROM FEDERAL GOVERNMENT 515400 CAPITAL LEASE OBLIGATIONS 684493 OTHER LIABILITIES 1006483 2469897 X 26361009 977162 28222 1005384 25355625 16266177 16266177 41621802 23452540 4262 4262 23448278 16270439 16270439 39718717 PART III, LINE 4: THE WORKS THAT ARE IN THE PERMANENT COLLECTION HAVE BECOME PART OF OGLETHORPE UNIVERSITY'S ENDOWMENT. AS SUCH, THEY REPRESENT AN INVESTMENT WHICH, IN THE FUTURE, WILL BE CONSIDERED NOT ONLY A SPECIAL CULTURAL ASSET FOR THE UNIVERSITY AND THE COMMUNITY, BUT ONE WHICH WILL GROW BOTH IN IMPORTANCE AND VALUE AS WELL. AMONG OUR COLLECTION ARE PAINTINGS BY CONTEMPORARY REALIST PAINTERS SUCH AS RICHARD MAURY, D JEFFREY MIMS AND FRANCISCO ROA, RARE FAMILY PHOTOGRAPHS OF CLAUDE MONET AT GIVERNY, AND AN ORIGINAL ENGRAVING OF VICTOR HUGO BY SCULPTOR AUGUST RODIN. RECENT GIFTS AND ACQUISITIONS INCLUDE WATERCOLORS BY FRANCIS AUGUSTUS SILVA AND SONDRA FRECKELTON, CHAD AWAITS FINELY CARVED TORSO, AND GAIL WEGODSKYS OIL INTERIOR SCENE. OGLETHORPE UNIVERSITY MUSEUM OF ART (OUMA) IS A UNIQUE AND VALUABLE RESOURCE FOR ALL STUDENTS, ESPECIALLY ART STUDENTS. SINCE OUMA IS THE ONLY SMALL LIBERAL ARTS UNIVERSITY MUSEUM IN THE ENTIRE SOUTHEAST WHICH REGULARLY SHOWS NATIONALLY AND INTERNATIONALLY RECOGNIZED EXHIBITIONS, IT OFFERS OGLETHORPE STUDENTS THE ADVANTAGE OF SEEING INTERNATIONAL CULTURE FIRST HAND WITHIN STEPS OF THEIR CLASSROOMS. THIS DIRECT, PERSONAL EXPERIENCE OF ART ENLIGHTENS THE VIEWER AND COMPLEMENTS INFORMATION PRESENTED IN BOOKS AND SLIDES. MANY ALUMNI CONTINUE TO CHERISH THEIR EXPERIENCES N OUR MUSEUM LONG AFTER GRADUATION. OUMA IS A RARE ASSET ON CAMPUS, FACILITATING THE UNIVERSITY IN FULFILLING ITS GOAL OF PROVIDING A HIGH LEVEL OF LIBERAL ARTS EDUCATION. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: OGLETHORPE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 106 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THERE ARE NO UNCERTAIN TAX POSITIONS REPORTED IN THE AUDITED FINANCIAL STATEMENTS UNDER FIN 48(ASC 740-10). PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF STUDENT ASSISTANCE TO FUNCTIONAL EXPENSE 16,187,880. RECLASS OF COST OF GOODS SOLD AGAINST REVENUES -4,262. RECLASS OF CONTRA REVENUE TO EXPENSE 82,559. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASS OF COST OF GOODS SOLD AGAINST REVENUE 4,262. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF STUDENT ASSISTANCE EXPENSE FROM REVENUE 16,187,880. RECLASS CONTRA REVENUE ACCOUNT 82,559. PART X LINE 2 OTHER LIABILITIES THE UNIVERSITY QUALIFIES AS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN INTERNAL REVENUE CODE SECTION 501(C)(3) AND HAS BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE UNIVERSITY. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE UNIVERSITY'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN THE OPINION OF MANAGEMENT, THE UNIVERSITY HAD NO SIGNIFICANT UNRELATED BUSINESS TAXABLE INCOME DURING 2011. ACCORDINGLY, NO PROVISION OR BENEFIT FOR FEDERAL AND STATE INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE UNIVERSITY BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 ACADEMIC SCHOLARSHIPS 929 16187880 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: EACH YEAR OGLETHORPE UNIVERSITY OFFERS A VARIETY OF SCHOLARSHIPS RECOGNIZING ACHIEVEMENT IN ACADEMICS AND THE POTENTIAL TO CONTRIBUTE TO CAMPUS LIFE. OVER 80% OF APPLICANTS TO THE UNIVERSITY TYPICALLY QUALIFY FOR SOME SORT OF MERIT AWARD FROM THE UNIVERSITY. ACADEMIC SCHOLARSHIP REVIEW OCCURS AUTOMATICALLY IN THE ADMISSION PROCESS AND IS BASED ON THE CREDENTIALS PRESENTED IN THE APPLICATION FOR ADMISSION. STUDENTS MUST BE ADMITTED TO THE UNIVERSITY TO RECEIVE A MERIT AWARD. X X 1 1 X X X 0 1 0 0 0 0 0 0 0 MR LAWRENCE M SCHALL 219219 0 15300 0 0 0 17150 0 16552 0 268221 0 0 0 MR MICHAEL D HORAN 132069 0 0 0 0 0 9880 0 14898 0 156847 0 0 0 MS DENISE RUNGE 171472 0 0 0 0 0 2625 0 17670 0 191767 0 0 0 PART I, LINE 1A PRESIDENT HAS USE OF UNIVERSITY HOME. THE UNIVERSITY PAYS FOR THE PRESIDENT'S HEALTH AND SOCIAL CLUB DUES. PART I, LINE 4B SECTION 457 NON-QUALIFIED RETIREMENT PLAN LAWRENCE SCHALL PARTICIPATES IN THIS PLAN; THERE WAS NO INCREASE IN ACTUARIAL VALUE DURING THE FISCAL YEAR ENDED 06/30/2013. A DEVELOPMENT AUTHORITY BONDS SERIES 2012 581500666 240463FE4 2012-10-31 6000000 CONSTRUCTION OF STUDENT CENTER 0 0 0 B DEVELOPMENT AUTHORITY BONDS SERIES 2004 581500666 240463HC6 2004-10-01 10000000 CONSTRUCTION OF STUDENT DORMITORY FACILITY 0 0 0 A 6000000 3473981 112565 2413454 2013 1 0 1 0 B 9700000 45000 2005 0 0 0 1 A 1 B 1 X 3 160000 QUALIFIED APPRAISAL X CARPET TILES 1 42000 FMV 0 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS: PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED BY THE AUDIT COMMITTEE, APPROVED BY THE BUSINESS AFFAIRS COMMITTEE, AND THEN RECOMMENDED FOR APPROVAL TO THE FULL BOARD AT THE NEXT BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE ASKED TO ANNUALLY SIGN A CONFLICT OF INTEREST AGREEMENT. BOARD MEMBERS ARE ASKED TO DISCLOSE ANY CONFLICTS. CONFLICTS THAT DO ARISE ARE USUALLY RESOLVED BY ASKING A BOARD MEMBER TO RECUSE FROM VOTING OR SOME OTHER ARRANGEMENT DETERMINED BY THE BOARD CHAIR. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES APPROVE THE CABINET POSITION SALARIES WHICH INCLUDES POSITIONS SUCH AS THE PRESIDENT AND VICE PRESIDENTS OF THE UNIVERSITY AND KEY EMPLOYEES. SALARIES ARE COMPARED TO INDEPENDENT DATA AT NACUBO. FORM 990, PART VI, SECTION C, LINE 19 OGLETHORPE UNIVERSITY DOES NOT MAKE ANY OF THESE DOCUMENTS PUBLIC. THE FINANCIAL INFORMATION CAN BE OBTAINED THROUGH THE FORM 990. THE FORM 990 IS AVAILABLE UPON REQUEST AT OGLETHORPE UNIVERSITY. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: DONATED, CAPITALIZED SERVICES 28,222. PART XII, LINE 2C NO CHANGES HAVE BEEN MADE TO THE PROCESS OF AUDITOR SELECTION, NOR REVIEW OF AUDITED FINANCIAL STATEMENTS.