2014-10-14T09:09:39-05:00 2014-05-31 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2013-06-01 410694721 AUGSBURG COLLEGE AUGS 6123301333 2211 RIVERSIDE AVENUE MINNEAPOLIS MN 554541351 BETH REISSENWEBER CFO, VP FINANCE & ADMIN 6123301333 2014-10-14 1 KAREN GRIES P00078514 6123764500 2013 2015-11-30 17:44:51Z PAUL PRIBBENOW 2211 RIVERSIDE AVENUE MINNEAPOLIS MN 554541351 108676805 0 X WWW.AUGSBURG.EDU X 1872 MN A PRIVATE LUTHERAN 4-YEAR COLLEGE LOCATED IN DOWNTOWN MINNEAPOLIS. 30 29 1931 29 39233 -78571 9229161 12244396 89700828 91741826 480599 583308 1517241 1578778 100927829 106148308 26350736 28144656 0 0 46419045 44023182 126330 108043 2357171 25842602 26429376 98738713 98705257 2189116 7443051 128938582 142260665 47938264 51079655 81000318 91181010 X AUGSBURG COLLEGE EDUCATES STUDENTS TO BE INFORMED CITIZENS, THOUGHTFUL STEWARDS, CRITICAL THINKERS, AND RESPONSIBLE LEADERS.THE AUGSBURG EXPERIENCE IS SUPPORTED BY AN ENGAGED COMMUNITY THAT IS COMMITTED TO INTENTIONAL DIVERSITY IN ITS LIFE AND WORK. AN AUGSBURG EDUCATION IS DEFINED BY EXCELLENCE IN THE LIBERAL ARTS AND PROFESSIONAL STUDIES, GUIDED BY THE FAITH AND VALUES OF THE LUTHERAN CHURCH, AND SHAPED BY ITS URBAN AND GLOBAL SETTINGS. 0 0 57522211 28144656 81431118 POSTSECONDARY EDUCATION SET IN A VIBRANT NEIGHBORHOOD AT THE HEART OF THE TWIN CITIES, AUGSBURG COLLEGE OFFERS MORE THAN 50 UNDERGRADUATE MAJORS AND EIGHT GRADUATE DEGREES TO MORE THAN 4,000 STUDENTS OF DIVERSE BACKGROUNDS. THE TRADEMARK OF AN AUGSBURG EDUCATION IS ITS EMPHASIS UPON DIRECT, PERSONAL EXPERIENCE AND ITS DEEP COMMITMENTS TO EDUCATING STUDENTS AT THE INTERSECTIONS OF FAITH, LEARNING, AND SERVICE. AUGSBURG IS RECOGNIZED AS ONE OF THE COUNTRY'S LEADING INSTITUTIONS FOR COMMUNITY ENGAGEMENT, AS DEMONSTRATED THROUGH THE MANY AWARDS IT HAS WON FROM THE PRESIDENT'S HIGHER EDUCATION COMMUNITY SERVICE HONOR ROLL. IN ADDITION, THE COLLEGE WAS AWARDED THE 2012 WILLIAM M. BURKE PRESIDENTIAL AWARD FOR EXCELLENCE IN EXPERIENTIAL EDUCATION BY THE NATIONAL SOCIETY FOR EXPERIENTIAL EDUCATION. AUGSBURG RANKS AMONG THE TOP PRODUCERS OF NATIONAL AND INTERNATIONAL STUDENT FELLOWSHIP AWARDEES. AUGSBURG'S PASSION FOR ACCESS AND EXCELLENCE IN THE LIBERAL ARTS AND PROFESSIONAL STUDIES IS GUIDED BY THE FAITH AND VALUES OF THE LUTHERAN CHURCH WHICH CALLS THE COLLEGE TO EDUCATE STUDENTS TO BE INFORMED CITIZENS, THOUGHTFUL STEWARDS, CRITICAL THINKERS, AND RESPONSIBLE LEADERS. 21706102 0 1873469 ACADEMIC SUPPORT AND STUDENT SERVICESAUGSBURG COLLEGE PROVIDES INNOVATIVE PROGRAMMING AND SUPPORT SERVICES TO A DIVERSE COMMUNITY OF MORE THAN 4,000 UNDERGRADUATE AND GRADUATE LEARNERS. THE GAGE CENTER FOR STUDENT SUCCESS PROVIDES ADVISING, TUTORING, AND OTHER ACADEMIC SUPPORT SERVICES TO ALL UNDERGRADUATE AND GRADUATE STUDENTS. THE GAGE CENTER INCLUDES CLASS ACADEMIC SPECIALISTS WHO PROVIDE INDIVIDUALIZED ACCOMMODATIONS FOR STUDENTS WITH COGNITIVE, LEARNING, AND PHYSICAL DISABILITIES. THE GAGE CENTER ALSO OFFERS SUPPORT PROGRAMS FOR FIRST-GENERATION AND LOW-INCOME STUDENTS. IN ADDITION, AUGSBURG'S STEPUP PROGRAM, AN INNOVATIVE RESIDENTIAL COLLEGE RECOVERY PROGRAM RECOGNIZED NATIONALLY FOR ITS SUCCESS AND LEADING MODEL, SUPPORTS MORE THAN 90 STUDENTS EACH YEAR WITH COUNSELING, SUBSTANCE-FREE HOUSING, AND LEADERSHIP DEVELOPMENT. FINALLY, THROUGH THE INTEGRATED SERVICES OF THE ENROLLMENT CENTER, STUDENTS AND FAMILIES CAN RECEIVE COUNSELING AND SUPPORT WITH TUITION PAYMENT PLANS, SCHOLARSHIPS, FINANCIAL AID, AND REGISTRATION. 8918425 0 9980699 AUXILIARY SERVICESAUGSBURG COLLEGE'S RESIDENTIAL LIFE PROGRAM SEEKS TO DEVELOP RESIDENTS WHO ARE BOTH STUDENTS AND NEIGHBORS IN AN URBAN COLLEGIATE SETTING WHILE BEING GROUNDED IN LIBERAL ARTS, INTENTIONAL DIVERSITY, AND FAITH. THE COLLEGE HAS FIVE RESIDENCE HALLS AND THREE DINING VENUES. DURING THE FALL OF 2013, AUGSBURG WAS HOME TO 1,026 STUDENTS, WITH 1,010 WHO PARTICIPATED IN STUDENT MEAL PLANS. DURING SPRING SEMESTER 2014, 848 STUDENTS LIVED ON CAMPUS AND 806 PARTICIPATED IN STUDENT MEAL PLANS. A'VIANDS DINING SERVICE STRIVES TO PROVIDE A WIDE VARIETY OF MEALS THAT MEET NUTRITIONAL AND CULTURAL REQUIREMENTS AND EDUCATE STUDENTS ABOUT NUTRITION AND SUSTAINABLE FOOD PRACTICES. A CAMPUS BOOKSTORE SERVES STUDENTS, FACULTY, STAFF, AND THE GENERAL PUBLIC, OFFERING A VARIETY OF FAIR TRADE GOODS. 88146738 1 1 0 1 0 0 0 0 1 1 1 1 0 0 1 1 1 0 1 1 1 0 1 1 1 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 X 311 0 1931 1 1 1 1 MX GT ES NU WA 0 0 0 0 0 0 0 0 X 30 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X BETH REISSENWEBER 6123301027 2211 RIVERSIDE AVENUE MINNEAPOLIS MN 554541351 PAUL PRIBBENOW PRESIDENT 40.00 X X 261801 0 35246 JODI HARPSTEAD CHAIR 2.00 X X 0 0 0 PAUL MUELLER VICE CHAIR 2.00 X X 0 0 0 DAN ANDERSON TREASURER 2.00 X X 0 0 0 ROLF JACOBSON SECRETARY 2.00 X X 0 0 0 ANDRA ADOLFSON BOARD MEMBER 2.00 X 0 0 0 ANN ASHTON-PIPER BOARD MEMBER 2.00 X 0 0 0 JENNIE CARLSON BOARD MEMBER 2.00 X 0 0 0 STEVE DELZER BOARD MEMBER 2.00 X 0 0 0 KAREN DURANT BOARD MEMBER 2.00 X 0 0 0 MATT ENTENZA BOARD MEMBER 2.00 X 0 0 0 MARK EUSTIS BOARD MEMBER 2.00 X 0 0 0 ANTHONY GENIA BOARD MEMBER 2.00 X 0 0 0 ALEXANDER GONZALEZ BOARD MEMBER 2.00 X 0 0 0 NORMAN HAGFORS BOARD MEMBER 2.00 X 0 0 0 ERIC JOLLY BOARD MEMBER 2.00 X 0 0 0 WAYNE JORGENSON BOARD MEMBER 2.00 X 0 0 0 TOBY PIPER LABELLE BOARD MEMBER 2.00 X 0 0 0 LAJUNE THOMAS LANGE BOARD MEMBER 2.00 X 0 0 0 ANDRE LEWIS BOARD MEMBER 2.00 X 0 0 0 DENNIS MEYER BOARD MEMBER 2.00 X 0 0 0 PAM MOKSNES BOARD MEMBER 2.00 X 0 0 0 JEFFREY NODLAND BOARD MEMBER 2.00 X 0 0 0 LISA NOVOTNY BOARD MEMBER 2.00 X 0 0 0 PETER ROGNESS BOARD MEMBER 2.00 X 0 0 0 CURT SAMPSON BOARD MEMBER 2.00 X 0 0 0 GARY TANGWALL BOARD MEMBER 2.00 X 0 0 0 NORMAN WAHL BOARD MEMBER 2.00 X 0 0 0 BONNIE WALLACE BOARD MEMBER 2.00 X 0 0 0 STEVE WEHRENBERG BOARD MEMBER 2.00 X 0 0 0 STANEY ROSTAD INTERIM VP FINANCE & ADMIN, CFO 40.00 X 100489 0 13080 TAMMY MCGEE VP FINANCE & ADMINISTRATION, CFO 40.00 X 161490 0 1100 LEIF ANDERSON VP INFORMATION TECHNOLOGY, CIO 40.00 X 123014 0 18062 WILLIAM MULLEN VP ENROLLMENT MANAGEMENT 40.00 X 69072 0 5828 ANN GARVEY VP STUDENT AFFAIRS 40.00 X 104046 0 12736 REBECCA JOHN VP MARKETING AND COMMUNICATION 40.00 X 129063 0 3455 KAREN KAIVOLA PROVOST AND CHIEF ACADEMIC OFFICER 40.00 X 94206 0 2735 HEATHER RIDDLE VP INSTITUTIONAL ADVANCEMENT 40.00 X 137059 0 9296 MARK ENGEBRETSON PHYSICS PROFESSOR 40.00 X 112830 0 401 DAWN LUDWIG DIRECTOR AND ASSISTANT PROFESSOR 40.00 X 120241 0 13393 MARC MCINTOSH BUSINESS PROFESSOR 40.00 X 104393 0 9128 THOMAS MORGAN PROFESSOR OF LEADERSHIP STUDIES 40.00 X 116136 0 18821 KIM STONE ASSISTANT VP FOR ADVANCEMENT 40.00 X 105711 0 6890 1739551 0 150171 16 0 1 0 A'VIANDS 1751 W COUNTY ROAD B STE 300 ROSEVILLE MN 55113 FOOD SERVICE 2654429 BARNES & NOBLE COLLEGE BOOKSELLERS 120 MOUNTAINVIEW BLVD BASKING RIDGE NJ 07920 BOOKSTORE PROVIDER 538652 FIELDTURF USA INC 175 NORTH INDUSTRIAL BLVD CALHOUN GA 30701 ATHLETIC FIELD CONSTRUCTION 269054 MARCO 4510 HEATHERWOOD ROAD ST CLOUD MN 56302 PRINTING AND MAILING 207846 ROYALL & COMPANY 1920 E PARHAM RD RICHMOND VA 23228 ENROLLMENT PROSPECT SERVICES 192621 27 230414 3343802 8670180 758227 12244396 TUITION AND FEES 611710 81431118 81431118 AUXILIARY ENTERPRISES 711210 9980699 9980699 EDUCATIONAL ACTIVITIES 611710 330009 330009 91741826 474548 -5619 480167 865603 912990 -47387 -47387 -47387 1622164 1179447 333957 442717 -333957 108760 108760 92569 230414 102103 -9534 -9534 MISCELLANEOUS REVENUE 900099 1635699 1543460 92239 1635699 106148308 93285286 39233 579393 27217350 27217350 927306 927306 1339607 419295 676608 243704 11166 11166 35578833 31901553 2661397 1015883 2476580 2170216 210065 96299 2116648 1837542 193467 85639 2500348 2163549 233602 103197 232685 232685 77097 7125 69972 108043 108043 71002 71002 5633036 4654326 834201 144509 622336 343463 278380 493 2710530 2448400 134286 127844 1312629 1168579 126713 17337 3403959 3168086 235873 2644975 2311209 263780 69986 1450790 1137816 226460 86514 1345229 1201881 143348 3781075 3391079 389996 772388 693995 78393 DUES AND FEES 1042249 498478 524006 19765 BAD DEBT EXPENSE 649704 1000 412920 235784 REFERENCE MATERIALS 404468 394006 8463 1999 EMPLOYEE TRAINING/RECRT 142760 22430 120155 175 132464 56888 75576 98705257 88146738 8201348 2357171 7576637 11756746 4297953 8515517 2132303 5208879 2420167 3938363 317616 330682 5693382 5777639 44834 32794 650696 678757 107305418 43917766 65547015 63387652 25473068 27919354 11247023 11303425 3537888 3410857 128938582 142260665 7548781 8032412 1682970 5528290 31415000 29735000 345340 938997 1010000 860000 5936173 5984956 47938264 51079655 X 34528754 37903368 17833446 23395473 28638118 29882169 81000318 91181010 128938582 142260665 X 7443051 3279574 -10028 -531905 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 1 148415 148415 0 PART II-B, LINE 1: THIS FIGURE IS EQUAL TO THE TOTAL AMOUNT OF DUES PAID BY AUGSBURG COLLEGE TO THE MINNESOTA PRIVATE COLLEGE COUNCIL, AN ASSOCIATION THAT SERVES A VARIETY OF ITS MEMBERS' SHARED NEEDS, INCLUDING, BUT NOT ONLY, NONPARTISAN AND NON-ELECTORAL ADVOCACY FOR PUBLIC POLICY THAT MEETS STUDENTS' NEEDS AND ADVANCES THE INTERESTS OF PRIVATE HIGHER EDUCATION. A PORTION OF THIS AMOUNT, BUT NOT ALL OF IT, SUPPORTED ATTEMPTS TO INFLUENCE LEGISLATION WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("LOBBYING"). 0 1 X 34552630 1042234 3700984 1078547 113713 226872 38330460 29778094 1021877 4776803 1008737 111410 96003 34552630 33268035 741606 -3039472 1084164 137110 29199 29778094 28641054 1307888 4286424 1009119 91473 49685 33268035 26221137 426000 3754289 1029258 731114 28641054 0.00000 0.77260 0.22740 1 0 3530439 3530439 66159549 26428151 39731398 27235803 12759274 14476529 8418868 4730341 3688527 1960759 1960759 63387652 250702 C CSV LIFE INSURANCE 84612 F ALTERNATIVE INVESTMENTS 10778377 F PROPERTY HELD FOR RESALE 189734 F 11303425 ANNUITIES PAYABLE 802102 PERKINS LOAN GRANTS 4977700 PV CAPITAL LEASE OBLIGATIONS 205154 5984956 X 78328398 3279574 849589 4129163 74199235 71002 31878071 31949073 106148308 71848677 1359078 1359078 70489599 71002 28144656 28215658 98705257 PART IV, LINE 2B: FUNDS HELD IN CUSTODY FOR OTHERS RELATES TO AGENCY FUNDS THAT AUGSBURG COLLEGE HELPS TO ADMINISTER. THERE ARE APPROXIMATELY 20 AGENCIES THAT AUGSBURG COLLEGE CURRENTLY WORKS WITH IN THIS TYPE OF RELATIONSHIP. PART V, LINE 4: THE COLLEGE ENDOWMENT CONSISTS OF APPROXIMATELY 350 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES BASED ON DONOR RESTRICTIONS AND BOARD DESIGNATIONS. PART X, LINE 2: THE COLLEGE HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE INDICATING IT IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS SUBJECT TO FEDERAL AND STATE INCOME TAX ONLY ON NET UNRELATED BUSINESS INCOME. THE COLLEGE ENGAGES IN ACTIVITIES THAT ARE CONSIDERED UNRELATED TO ITS EXEMPT PURPOSE. THESE ACTIVITIES ARE SUBJECT TO FEDERAL AND STATE INCOME TAXES. SUCH ACTIVITIES GENERATED A LOSS POSITION IN FISCAL 2013 AND 2012. FURTHER, THE COLLEGE HAS A NET OPERATING LOSS CARRYFORWARD AVAILABLE TO OFFSET ANY TAXABLE INCOME FROM THESE UNRELATED ACTIVITIES. ACCORDINGLY, NO FEDERAL OR STATE TAX PROVISION IS REQUIRED. THE NET OPERATING LOSSES BEGIN TO EXPIRE IN 2020. THE COLLEGE ADOPTED ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS AND FILES AS A TAX EXEMPT ORGANIZATION. NO ADJUSTMENTS TO THE FINANCIAL STATEMENTS WERE REQUIRED AS A RESULT OF THE IMPLEMENTATION OF THIS STANDARD. THE COLLEGE HAS NO CURRENT OBLIGATION FOR UNRELATED BUSINESS INCOME TAX. THE COLLEGE TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AUTHORITIES. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, THE TAX RETURNS FOR THE YEARS 2011 THROUGH 2013 ARE SUBJECT TO REVIEW BY FEDERAL AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: ADJUSTMENT OF ACTUARIAL LIABILITY 31,645. CHANGE IN ALLOWANCE FOR UNCOLLECTIBLE PLEDGES -197,149. SPECIAL EVENT EXPENSES 102,103. RENTAL EXPENSES 912,990. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 28,144,656. LOSS ON DISPOSAL OF FIXED ASSETS -333,957. ENDOWMENT INCOME AND GAINS 345,081. ENDOWMENT GAINS 3,722,291. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 102,103. RENTAL EXPENSES 912,990. LOSS ON DISPOSAL OF FIXED ASSETS 333,957. EXPENSES OF AFFILIATE REPORTED ON A SEPARATE RETURN 10,028. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 28,144,656. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE STATEMENT IS PUBLISHED AT VARIOUS TIMES THROUGHOUT THE YEAR IN REGIONAL NEWSPAPERS ANNOUNCING REGISTRATION DATES AND PROGRAMS OFFERED. THE COLLEGE FOLLOWS A NONDISCRIMINATORY POLICY REGARDING ALL PROGRAMS. ENROLLMENT OF STUDENTS IS WITHOUT DISCRIMINATION AS TO RACE, RELIGION, SEX, COLOR OR NATIONAL ORIGIN. RECRUITMENT PROCEDURES ARE DESIGNED AND CARRIED OUT TO REACH STUDENTS OF ALL RACIAL SEGMENTS IN THE GEOGRAPHICAL AREA SERVED. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES SUPPORT FROM THE STATE OF MINNESOTA AND FROM THE UNITED STATES GOVERNMENT IN CONNECTION WITH STUDENT AID PROGRAMS SUCH AS FEDERAL AND MINNESOTA COLLEGE WORK-STUDY PROGRAMS, PELL GRANTS, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS AND PERKINS LOAN FUNDS. THE COLLEGE ALSO RECEIVES VARIOUS OTHER FEDERAL AND STATE EDUCATIONAL AND RESEARCH GRANTS OR SUBSIDIES. 1 CENTRAL AMERICA AND THE CARIBBEAN 3 10 PROGRAM SERVICES INSTRUCTION 1204982 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS (PROGRAM) INSTRUCTION 3601 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS (OTHER) 8515126 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES INSTRUCTION 400 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES INSTRUCTION 204263 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES ACADEMIC SUPPORT 999 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 OTHER INSTITUTIONAL SUPPORT 14442 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES STUDENT SERVICES 3600 NORTH AMERICA - CANADA AND MEXICO 1 8 PROGRAM SERVICES INSTRUCTION 793488 NORTH AMERICA 0 0 INVESTMENTS (PROGRAM) INSTRUCTION 163482 NORTH AMERICA 0 0 OTHER OPERATION OF MAINTENANCE AND PLANT 407658 SOUTH AMERICA 0 0 PROGRAM SERVICES INSTRUCTION 2934 SOUTH ASIA 0 0 PROGRAM SERVICES INSTRUCTION 12048 SUB-SAHARAN AFRICA 1 8 PROGRAM SERVICES INSTRUCTION 531915 SUB-SAHARAN AFRICA 0 0 INVESTMENTS (PROGRAM) INSTRUCTION 250702 3 10 2 16 5 26 9947413 2162227 12109640 TUITION ASSISTANCE AND SCHOLARSHIPS EAST ASIA AND THE PACIFIC 16 293239 CREDIT STUDENT ACCOUNT 0 N/A N/A TUITION ASSISTANCE AND SCHOLARSHIPS EUROPE (INCLUDING ICELAND & GREENLAND) 30 240962 CREDIT STUDENT ACCOUNT 0 N/A N/A TUITION ASSISTANCE AND SCHOLARSHIPS MIDDLE EAST AND NORTH AFRICA 3 110942 CREDIT STUDENT ACCOUNT 0 N/A N/A TUITION ASSISTANCE AND SCHOLARSHIPS NORTH AMERICA 2 34171 CREDIT STUDENT ACCOUNT 0 N/A N/A TUITION ASSISTANCE AND SCHOLARSHIPS RUSSIA & THE NEWLY INDEPENDENT STATES 1 4068 CREDIT STUDENT ACCOUNT 0 N/A N/A TUITION ASSISTANCE AND SCHOLARSHIPS SOUTH AMERICA 1 8136 CREDIT STUDENT ACCOUNT 0 N/A N/A TUITION ASSISTANCE AND SCHOLARSHIPS SOUTH ASIA 2 42552 CREDIT STUDENT ACCOUNT 0 N/A N/A TUITION ASSISTANCE AND SCHOLARSHIPS SUB-SAHARAN AFRICA 9 193236 CREDIT STUDENT ACCOUNT 0 N/A N/A 1 0 1 0 0 0 PART I, LINE 2: THE MAJORITY OF EXPENDITURES RELATE TO WIRE TRANSFERS MADE TO FOREIGN OFFICES TO COVER PAYMENTS MADE DIRECTLY OUT OF THESE OFFICES FOR EXPENDITURES INCURRED FOR INSTRUCTION OF STUDENTS WHILE ATTENDING COURSES AT THESE LOCATIONS. REMAINING EXPENDITURES RELATE TO PAYMENTS MADE DIRECTLY TO VENDORS FOR SERVICES PROVIDED TO THE COLLEGE BY FOREIGN VENDORS. ALL REQUESTS FOR PAYMENTS/WIRES ARE REVIEWED AND APPROVED BY APPROPRIATE SUPERVISORS OF THE RELATED DEPARTMENT. AUGSBURG COLLEGE OFFERS SCHOLARSHIPS AND GRANTS TO QUALIFIED STUDENTS TO HELP REDUCE THEIR OUT-OF-POCKET TUITION COSTS. STUDENTS RECEIVING FINANCIAL ASSISTANCE OF THIS FORM MUST MEET SPECIFIC CRITERIA SUCH AS ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER SIMILAR STANDARDS WHETHER PUT IN PLACE BY THE COLLEGE OR BY DONORS. PART I, LINE 3: ACCRUAL X X X X X X X 1 JOHNSON GROSSNICKLE & ASSOCIATES INC 29 SOUTH PARK BLVD GREENWOOD IN 46143 CAMPAIGN COUNSEL 0 0 93933 0 GLENN THIEL & ASSOCIATES 813 E 96TH ST BLOOMINGTON MN 55420 GIFT PLANNING CONSULTANT 0 0 14110 0 108043 MN STEP-UP GALA 256922 202050 54872 30272 19918 19078 A-CLUB GOLF 45243 22864 22379 11525 5708 5624 1370 2 20818 5500 15318 1618 4167 2435 388 322983 230414 92569 43415 4167 28061 5624 20836 102103 -9534 1 TUITION ASSISTANCE AND SCHOLARSHIPS 2201 27217350 0 N/A N/A PART I, LINE 2: AUGSBURG COLLEGE OFFERS SCHOLARSHIPS AND GRANTS TO QUALIFIED STUDENTS TO HELP REDUCE THEIR OUT-OF-POCKET TUITION COSTS. STUDENTS RECEIVING FINANCIAL ASSISTANCE OF THIS FORM MUST MEET SPECIFIC CRITERIA SUCH AS ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER SIMILAR STANDARDS WHETHER PUT IN PLACE BY THE COLLEGE OR BY DONORS OF RESTRICTED FUNDS. X 1 1 X X X 0 0 0 0 0 0 0 0 0 PAUL PRIBBENOW PRESIDENT 256902 0 0 0 4899 0 22140 0 13106 0 297047 0 0 0 TAMMY MCGEE VP FINANCE & ADMINISTRATION, CFO 160928 0 0 0 562 0 0 0 1100 0 162590 0 0 0 PART I, LINE 1A PAUL PRIBBENOW - RESIDENCE FOR PERSONAL USE - NOT INCLUDIBLE IN TAXABLE INCOME A MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY 410988525 60416HEM2 2005-04-13 6938389 PAY OFF SERIES 4 F-1 AND 4-W BONDS 0 0 0 B MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY 410988525 60416HHR8 2006-07-27 15644110 CONSTRUCTION OF OREN GATEWAY CTR 0 0 0 C MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY 410988525 60416HHS6 2006-07-27 5000000 MULTIPLE FACILITIES 0 0 0 D MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY 410988525 60416HUF9 2010-10-13 8936602 REFINANCE SERIES 4-Y BONDS 0 0 0 A 145000 6938389 678000 11607 134952 6125437 2005 1 1 1 1 B 1985000 15644110 1040750 56532 267315 14336045 2008 0 0 1 1 C 1800000 5000000 99000 26500 4874500 2008 0 0 1 1 D 2630000 8936602 469734 172187 8294681 2010 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 B 0 1 1 1 0 0.03300 0.00000 0.03300 0 0 0 C 0 1 1 1 0 0.01100 0.00000 0.01100 0 0 0 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 1 0 0 0 0 0 B 0 0 0 1 0 0 0 0 0 C 0 0 1 0 1 0 0 0 0 D 0 1 0 0 0 0 0 0 0 A 0 B 0 C 0 D 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 05/01/2013 ISSUER NAME: MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 05/01/2013 WILLIAM FRAME FORMER OFFICER LOAN AGAINST LIFE INSURANCE POLICY X 194965 330682 0 1 1 330682 X 32 702318 STOCK MARKET QUOTES X AUCTION ITEMS 136 44683 ESTIMATED FMV X CHEMISTRY EQU 1 10000 ESTIMATED FMV X OTHER 7 1226 ESTIMATED FMV 3 0 1 1 PART I, COLUMN (B): THE COLLEGE REPORTS THE NUMBER OF CONTRIBUTORS ON PART I, COLUMN B. PART I, LINE 32B: THE COLLEGE USED A REALTOR FOR THE SALE OF PROPERTY. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE CONSISTS OF THE CHAIR AND OTHER OFFICERS, PLUS AT LEAST FOUR OTHER MEMBERS ELECTED BY THE BOARD OF REGENTS. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY OF THE BOARD OF REGENTS IN THE MANAGEMENT OF THE BUSINESS OF THE COLLEGE IN THE INTERVAL BETWEEN MEETINGS OF THE BOARD OF REGENTS, AND THE EXECUTIVE COMMITTEE IS AT ALL TIMES SUBJECT TO THE CONTROL AND DIRECTION OF THE BOARD OF REGENTS. FORM 990, PART VI, SECTION B, LINE 11 AN INDEPENDENT PUBLIC ACCOUNTING FIRM PREPARES THE FORM 990 BASED ON DATA SUPPLIED BY MANAGEMENT OF THE COLLEGE. THE DRAFT OF THE FORM 990 IS REVIEWED BY MANAGEMENT WITH ANY CORRECTIONS AND CHANGES BEING INCORPORATED INTO THE DOCUMENT. THE UPDATED DRAFT OF THE FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE FOR THEIR REVIEW AND APPROVAL FOR SUBMISSION. A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF REGENTS PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C AUGSBURG COLLEGE HAS BOTH A CONFLICT OF INTEREST POLICY SPECIFIC TO ITS BOARD OF REGENTS AND EMPLOYEES TO PROTECT AND SAFEGUARD THE INTERESTS OF AUGSBURG COLLEGE. EACH YEAR, THE BOARD OF REGENTS ARE REQUIRED TO DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST IN THEIR SERVICE TO AUGSBURG COLLEGE. SUCH FORMS ARE REVIEWED BY THE BOARD CHAIR, OR HIS/HER DESIGNEE, WITH APPROPRIATE ACTION TAKEN. REGENTS ARE REQUIRED TO DISCLOSE ANY CONFLICT PRIOR TO DISCUSSION AT MEETINGS AND TO RECUSE THEMSELVES FROM VOTING, AS RECORDED IN THE MINUTES. AUGSBURG COLLEGE ALSO SEEKS TO AVOID CONFLICTS BETWEEN THE PERSONAL INTERESTS OF EMPLOYEES AND THE INTERESTS OF THE COLLEGE. IN THE EVENT AN EMPLOYEE OR THEIR FAMILY MEMBER MAY HAVE A FINANCIAL, PERSONAL, OR PROFESSIONAL INTEREST THAT COULD POTENTIALLY CREATE AN ADVERSE CONFLICT OF INTEREST INVOLVING THE COLLEGE, THE EMPLOYEE IS REQUIRED TO PROVIDE WRITTEN DISCLOSURE TO THE APPROPRIATE VICE PRESIDENT. THE EMPLOYEE IS THEN REQUIRED TO REFRAIN FROM PARTICIPATING IN THE COLLEGE'S CONSIDERATION OR PROCESSING OF THE TRANSACTION TO AVOID ANY INFLUENCE UPON SUCH TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S COMPENSATION IS REVIEWED, AND ADJUSTED IF NECESSARY, ANNUALLY BY THE BOARD OF REGENTS EXECUTIVE COMMITTEE. HUMAN RESOURCES PROVIDES SURVEY DATA FROM THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA-HR). THIS INFORMATION IS BASED ON OVER 150 SCHOOLS THAT COMPARE TO AUGSBURG REGARDING ENROLLMENT SIZE, UNDERGRADUATE AND GRADUATE PROGRAMS, AS WELL AS OTHER ELCA COLLEGES. THIS INFORMATION IS SENT TO THE EXECUTIVE COMMITTEE EACH SUMMER AND THEN THE REVIEW OCCURS DURING THE NEXT FEW MONTHS BEFORE BEING COMMUNICATED TO THE PRESIDENT IN FALL BY THE BOARD CHAIR. IF A SALARY INCREASE IS APPROVED BY THE BOARD, A PERSONNEL ACTION REQUEST FORM IS SUBMITTED. THIS PROCESS WAS LAST UNDERTAKEN IN JANUARY 2013 FOR THE PRESIDENT AND THE PROVOST. THE INDEPENDENT REVIEW OF SALARY AND BENEFITS WAS CONDUCTED BY AN EXTERNAL FIRM, SULLIVAN COTTER AND ASSOCIATES. A REVIEW OF THE PRESIDENT'S SALARY USING SURVEY DATA FROM CUPA-HR IS CONDUCTED BY THE BOARD OF REGENTS EXECUTIVE COMMITTEE ANNUALLY. THE PRESIDENT ANNUALLY REVIEWS THE COMPENSATION FOR ALL CABINET MEMBERS. HE DETERMINES THE COMPENSATION FOR HIS DIRECT REPORTS, BUT LEAVES THE FINAL DECISION TO THE APPROPRIATE VICE PRESIDENT FOR KEY EMPLOYEES THAT DO NOT REPORT DIRECTLY TO HIM. HUMAN RESOURCES PROVIDES SURVEY DATA FROM THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA-HR), AS WELL AS INDUSTRY SPECIFIC COMPENSATION INFORMATION FOR CERTAIN POSITIONS. THE CUPA-HR SALARY INFORMATION IS BASED ON APPROXIMATELY 150 COLLEGES BOTH NATIONALLY AND ACROSS THE MIDWEST AND INCLUDES INSTITUTIONS WITH SIMILAR STUDENT ENROLLMENT AND BUDGET SIZE, AS WELL AS OTHER ELCA COLLEGES. HUMAN RESOURCES PROVIDES THIS INFORMATION TO THE PRESIDENT EACH SPRING, AND THE REVIEW OCCURS DURING THE NEXT FEW MONTHS. THE PRESIDENT COMMUNICATES THE COMPENSATION INCREASE TO THE CABINET MEMBER AND HUMAN RESOURCES ENSURES A PERSONNEL ACTION REQUEST FORM IS COMPLETED. THIS REVIEW WAS LAST CONDUCTED IN SPRING 2013. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: ADJUSTMENT OF ACTUARIAL LIABILITY 31,645. CHANGE IN ALLOWANCE FOR UNCOLLECTIBLE PLEDGES -197,149. NET GAINS ON ENDOWMENT INVESTMENTS -366,401. ZEBRA INVESTMENTS SIX LIMITED FIVE SIMPSON STREET WINDHOEK, WEST WA FOREIGN CAMPUS WA AUGSBURG COLLEGE C 250702 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0