2014-02-27T10:07:33-06:00 2013-05-31 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 225 SOUTH SIXTH STREET SUITE 2300 MINNEAPOLIS MN 55402 990 2012-06-01 410695527 ST MARYS UNIVERSITY OF MINNESOTA STMA 5074571443 700 TERRACE HEIGHTS WINONA MN 559871399 BENJAMIN MURRAY 5074571443 2014-02-20 1 LAWRENCE H MOHR CPA P00447603 6128764500 2012 2015-11-30 17:44:51Z BROTHER WILLIAM MANN 700 TERRACE HEIGHTS WINONA MN 559871399 81693998 0 X WWW.SMUMN.EDU X 1912 MN SAINT MARY'S UNIVERSITY OF MINNESOTA IS A PRIVATE, CATHOLIC INSTITUTION OFFERING COMPREHENSIVE UNDERGRADUATE AND GRADUATE PROGRAMS. OVER 1,300 STUDENTS ARE ENROLLED IN THE RESIDENTIAL UNDERGRADUATE COLLEGE AT THE WINONA CAMPUS, ESTABLISHED IN 1912. OVER 6,000 STUDENTS ARE ENROLLED IN THE SCHOOLS OF GRADUATE AND PROFESSIONAL PROGRAMS (SGPP), WHICH OFFERS CERTIFICATES, BACHELOR AND SPECIALIST PROGRAMS, MASTERS DEGREES AND DOCTORAL PROGRAMS. THE UNIVERSITY DELIVERS EDUCATION TO ITS ADULT LEARNERS THROUGH CAMPUSES IN MINNEAPOLIS; WINONA, NAIROBI, KENYA; CENTERS IN APPLE VALLEY; ROCHESTER; OAKDALE; AND MINNETONKA AND AT NUMEROUS OTHER LOCATIONS IN MINNESOTA, WISCONSIN AND JAMAICA. SAINT MARY'S IS ACCREDITED BY THE HIGHER LEARNING COMMISSION AND IS A MEMBER OF THE NORTH CENTRAL ASSOCIATION. 30 28 2343 180 0 0 8640537 6146307 74923935 74122250 657251 816367 439150 165509 84660873 81250433 16415500 16064438 0 0 39552572 41669637 0 0 1550000 23411051 21794707 79379123 79528782 5281750 1721651 140881105 147919663 45643472 46276149 95237633 101643514 X ENRICHED BY THE LASALLIAN CATHOLIC HERITAGE, SAINT MARY'S UNIVERSITY OF MINNESOTA AWAKENS, NURTURES, AND EMPOWERS LEARNERS TO ETHICAL LIVES OF SERVICE AND LEADERSHIP. 0 0 25194115 16064438 64930583 INSTRUCTION:SAINT MARY'S UNIVERSITY OF MINNESOTA HAS TWO PRIMARY ACADEMIC UNITS: THE COLLEGE AND THE SCHOOLS OF GRADUATE AND PROFESSIONAL PROGRAMS (SGPP). THE COLLEGE CONSISTS OF THE TRADITIONAL UNDERGRADUATE BACHELOR OF ARTS EXPERIENCE BASED ON THE WINONA CAMPUS. THE SGPP INCLUDES CONTINUING EDUCATION OFFERINGS, CERTIFICATE PROGRAMS, BACHELOR OF SCIENCE COMPLETION PROGRAMS, MASTER'S PROGRAMS, AN EDUCATION SPECIALIST PROGRAM, AND THREE DOCTORAL PROGRAMS. THE SGPP IS BASED ON BOTH THE TWIN CITIES AND WINONA CAMPUSES, WITH CENTERS IN ROCHESTER, APPLE VALLEY, OAKDALE, AND MINNETONKA, MN. ACROSS THE 12-MONTH 2012-13 ACADEMIC YEAR THE COLLEGE ENROLLED 1,308 STUDENTS AND OFFERED 39,508 INSTRUCTIONAL ACTIVITY CREDIT HOURS. THE SGPP ENROLLED 6,467 STUDENTS ACROSS THE 2012-13 ACADEMIC YEAR AND OFFERED 70,509 INSTRUCTIONAL ACTIVITY CREDIT HOURS. THE UNIVERSITY EXPECTS TO MAINTAIN ENROLLMENT AT THE COLLEGE IN THE 2013-14, SERVING APPROXIMATELY 6,500 STUDENTS AND DELIVERING APPROXIMATELY 70,000 CREDIT HOURS. THE UNIVERSITY OFFERS 60 MAJORS WITH THE BACHELOR OF ARTS PROGRAM. THE UNIVERSITY OFFERS AN ADDITIONAL 60 PROGRAMS WITHIN THE SGPP. 11858084 INSTITUTIONAL: THE UNIVERSITY SERVES STUDENTS AT OVER 75 LOCATIONS IN MINNESOTA AND AT APPROXIMATELY 20 LOCATIONS IN WISCONSIN, EACH YEAR. BY BRINGING OUR PROGRAM/COURSES TO LOCATIONS THAT ARE MORE ACCESSIBLE TO WORKING ADULTS, THE UNIVERSITY PROVIDES EDUCATION TO THOSE WHO MIGHT NOT OTHERWISE BE ABLE TO TRAVEL TO CAMPUS LOCATIONS. THIS MODEL OF OFF CAMPUS DELIVERY WILL BE UTILIZED IN THE FUTURE. IN SUMMER 2012, THE UNIVERSITY BEGAN OFFERING ONLINE MASTERS PROGRAMS AND CURRENTLY OFFERS FOUR MASTERS PROGRAMS ONLINE WITH A PLAN TO ADD FOUR ADDITIONAL PROGRAMS IN EACH OF THE NEXT THREE YEARS. IN OCTOBER OF 2012, THE UNIVERSITY STRATEGIC PLANNING PROCESS CULMINATED WITH BOARD OF TRUSTEES' APPROVAL OF A DOCUMENT ENTITLED STRATEGIC PLAN 2017. 2012 MARKED THE UNIVERSITY'S CENTENNIAL; A YEAR-LONG CELEBRATION WAS HELD WITH SPECIAL EVENTS IN WINONA, MINNEAPOLIS AND CHICAGO. VLAZNY HALL, A FORMER RESIDENCE HALL, WAS REFURBISHED FOR STUDENT LIFE ADMINISTRATION AND STUDENT SERVICES OFFICES. ALSO ON THE WINONA CAMPUS, THE SAINT THOMAS MORE CHAPEL UNDERWENT RENOVATION. ON THE TWIN CITIES CAMPUS, RENOVATIONS OF THE UNIVERSITY EVENT CENTER AND MANSION CONTINUED. 9411957 8047024 STUDENT SERVICES: IN 2012-13, 347 TRADITIONAL UNDERGRADUATE STUDENTS (ABOUT 27% OF THAT POPULATION) PARTICIPATED IN 21 NCAA DIVISION III SPORTS OFFERED AT SAINT MARY'S UNIVERSITY. PARTICIPATION IN INTRAMURAL ACTIVITIES ANNUALLY IS MORE THAN 40%. THE FINANCIAL AID OFFICE PROCESSED $60,786,227 IN LOANS, GRANTS, WORK STUDY AND SCHOLARSHIP FOR THE ENTIRE UNIVERSITY IN 2012-13. IN 2012-13, 5% OF TRADITIONAL UNDERGRADUATE STUDENTS WERE FORMALLY REGISTERED AS STUDENTS WITH DISABILITIES WITH THE INSTITUTION'S OFFICE OF DISABILITY SERVICES, THE MAJORITY OF WHICH UTILIZED SERVICES OFFERED BY THE UNIVERSITY. 181 INTERNATIONAL STUDENTS WERE ENROLLED AT THE UNIVERSITY IN 2012-13. TWENTY-SEVEN STUDENTS PARTICIPATED IN THE FIRST GENERATION INITIATIVE PROGRAM, WHICH OFFERS SELECTED STUDENTS SCHOLARSHIPS TO ATTEND THE UNIVERSITY. THE STUDENTS ENGAGE IN SPECIAL SUPPORT ACTIVITIES WHICH INCLUDE STUDY HALLS, SPECIALIZED ADVISING AND SOCIAL ACTIVITIES WHICH PROMOTE RETENTION AND STUDENT SUCCESS.THE UNDERGRADUATE STUDENT SUPPORT SERVICES ON THE WINONA CAMPUS WERE CONSOLIDATED INTO THE STUDENT SUCCESS CENTER IN A REMODELED SPACE BRINGING THE OFFICES AND FUNCTIONS TOGETHER INTO ONE CONVENIENT, MULTIFUNCTIONAL AREA. ADDITIONALLY, A PORTION OF THE TONER STUDENT CENTER WAS REFURBISHED TO INCLUDE NEW STUDENT MEETING ROOMS AND LOUNGE AREAS.THE UNIVERSITY HAS FORGED A CLOSE CONNECTION TO THE MINNESOTA DEPARTMENT OF VETERANS AFFAIRS THAT WILL RESULT IN IMPROVED ACCESS TO SERVICES FOR VETERANS AND THEIR FAMILIES REGARDING EDUCATIONAL BENEFITS, RESOURCES TO ASSIST WITH THE COLLEGE TRANSITIONS, AND OTHER GENERAL SUPPORT. IN A UNIQUE PARTNERSHIP, THE HIGHER EDUCATION COORDINATOR FOR THE CENTRAL METRO REGION OF THE MINNESOTA DEPARTMENT OF VETERANS AFFAIRS, WILL OPERATE FROM AN OFFICE IN LA SALLE HALL ON THE TWIN CITIES CAMPUS.` 22087133 1144643 INSTITUTIONAL SUPPORT, INCLUDING OPERATION OF PLANT AND DEPRECIATION 22087133 1144643 68551289 1 1 0 1 0 0 0 1 0 1 1 1 1 1 1 1 1 0 1 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 159 0 2343 1 0 0 0 0 0 0 0 0 0 0 X 30 28 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 MN X BENJAMIN MURRAY 5074571443 700 TERRACE HEIGHTS 8 WINONA MN 55987 MANN WILLIAM 40.00 X X 0 0 17805 GOSTOMSKI MICHAEL 1.00 X X 0 0 0 COOGAN JAMES 1.00 X X 0 0 0 REMICK MARY ANN 1.00 X X 0 0 0 ROSS JOSEPH 1.00 X X 0 0 0 RAMIREZ BARBA GUSTAVO 1.00 X 0 0 0 BURRICHTER MARY 1.00 X 0 0 0 CLAREY WILLIAM 1.00 X 0 0 0 DOUGHERTY MICHAEL 1.00 X 0 0 0 FROST MARILYN 1.00 X 0 0 0 GEORGE KAREN 1.00 X 0 0 0 HERZOG WILLIAM 1.00 X 0 0 0 JACOBS MARK 1.00 X 0 0 0 KABARA BETTY 1.00 X 0 0 0 KUCZMA LINDA 1.00 X 0 0 0 MCKENERY MICHAEL 1.00 X 0 0 0 MEYER PAUL 1.00 X 0 0 0 MUELLER FREDERICK 1.00 X 0 0 0 O'LEARY KAYE 1.00 X 0 0 0 POOS DAVID 1.00 X 0 0 0 QURAISHI HAMID 1.00 X 0 0 0 REEDY RICHARD 1.00 X 0 0 0 RUSSELL TERRANCE 1.00 X 0 0 0 SALVI PATRICK 1.00 X 0 0 0 SCHATZ LARRY 1.00 X 0 0 0 SCHIELER ROBERT 1.00 X 0 0 0 SIMON SANDI 1.00 X 0 0 0 SLAGGIE MICHAEL 1.00 X 0 0 0 SMARRELLI JOHN 1.00 X 0 0 0 SMITHE WALTER 1.00 X 0 0 0 MAREK CYNTHIA 40.00 X 116995 0 14869 DUMESTRE MARCEL 40.00 X 203801 0 7158 TITUS STEVEN 40.00 X 168305 0 14948 ARONSON DONNA 40.00 X 142148 0 6338 MOODY MERRI 40.00 X 138733 0 6641 PAULSON JOHN 40.00 X 131486 0 5533 SKELLEY MARY 40.00 X 125519 0 5582 BEDTKE JAMES 40.00 X 123998 0 15295 1150985 0 94169 13 0 1 0 SCHWAB LLC 74 KANSAS STREET WINONA MN 55987 CONTRACTOR 2467826 CHARTWELLS 700 TERRACE HEIGHTS WINONA MN 55987 FOOD SERVICE 2273914 HAY DOBBS 220 SOUTH 6TH ST SUITE 165 MINNEAPOLIS MN 55402 CONSULTANT 411971 AXIOM MARKETING COMMUNICATIONS 3800 AMERICAN BLVD W MINNEAPOLIS MN 55431 MARKETING 201475 WHELAN SECURITY 1699 SOUTH HANLEY RD 350 ST LOUIS MO 63144 SECURITY 197482 24 2016692 4129615 267175 6146307 TUITION AND FEES 541900 64930583 64930583 AUXILIARY ENTERPRISES 611710 8047024 8047024 PRIVATE SPONSORED RESEARCH & PROG 541700 981924 981924 PERFORMANCE SEASON INCOME 711190 114649 114649 FINES AND PENALTIES 611310 48070 48070 74122250 814830 814830 296527 131018 165509 165509 165509 314084 312547 1537 1537 1537 81250433 74122250 0 981876 16064438 16064438 1029191 657557 321609 50025 31525213 27000248 3783026 741939 1630700 1382890 196332 51478 4994121 4245473 638961 109687 2490412 2115822 314005 60585 19091 19091 93341 93341 132800 132800 1502822 1063071 414010 25741 1663401 1207217 299412 156772 6834977 5448613 1196037 190327 376944 289940 67850 19154 3368677 2760525 599599 8553 547787 334884 98602 114301 24592 2586 568 21438 502345 411923 90422 2843172 2331401 511771 211166 173156 38010 SPECIAL PROGRAMS 1440829 1181480 259349 STAFF TUITION DISCOUNTS 1040787 853445 187342 EQUIPMENT RENTAL & MAIN 925149 807822 117327 STIPENDS & STUDENT REBA 266827 218798 48029 79528782 68551289 9427493 1550000 7609826 7869739 18249751 10641567 1809399 1525500 5820292 5630058 3132066 3063911 200127 386115 108715876 48838202 50387461 59877674 32627974 35740620 262390 5339642 20781819 17844837 140881105 147919663 3013779 4130292 2931327 2955474 8587086 8827868 11580000 10860000 1269693 1190814 18261587 18311701 45643472 46276149 X 60492031 65087888 10075317 11290679 24670285 25264947 95237633 101643514 140881105 147919663 X 1721651 4566773 117457 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 100273 100273 0 EXPLANATION OF LOBBYING ACTIVITIES: PART II-B, LINE 1: SAINT MARY'S UNIVERSITY OF MINNESOTA IS A MEMBER OF MINNESOTA PRIVATE COLLEGE COUNCIL (MPCC), AN ORGANIZATION DESCRIBED IN SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. MPCC IS AN ASSOCIATION OF PRIVATE NONPROFIT INSTITUTIONS OF HIGHER EDUCATION 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. SAINT MARY'S UNIVERSITY OF MINNESOTA PAID MEMBERSHIP DUES TO MPCC IN THE AMOUNT OF $190,381 DURING THE TAXABLE YEAR. MPCC HAS DIVIDED ITS EXPENSES FOR ITS TAXABLE YEAR ENDING JUNE 30, 2013, INTO TWO GROUPS. GROUP 1 CONSISTS OF THOSE EXPENSES THAT DID NOT IN ANY WAY SUPPORT ATTEMPTS TO INFLUENCE LEGISLATION WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("LOBBYING"), AND GROUP 2 CONSISTS OF ALL OTHER EXPENSES. GROUP 2 INCLUDES MANY EXPENSES, SUCH AS PERSONNEL COSTS, THAT SUPPORTED BOTH LOBBYING AND NONLOBBYING ACTIVITIES. MPCC DID NOT ATTEMPT TO ALLOCATE THE GROUP 2 EXPENSES BETWEEN LOBBYING AND NON LOBBYING ACTIVITIES. MPCC HAS DETERMINED THAT THE AMOUNT OF THE GROUP 2 EXPENSES REPRESENTS 52.67% OF THE AMOUNT OF THE DUES THAT MPCC COLLECTED IN THE SAME TAXABLE YEAR. ASSUMING THAT ALL GROUP 2 EXPENSES WERE PAID FROM MEMBER DUES, AND ALLOCATING THOSE EXPENSES PRO RATA BASED ON THE DUES PAID BY EACH MEMBER, $100,273 OF SAINT MARY'S UNIVESRITY OF MINNESOTA'S DUES WERE USED TO PAY GROUP 2 EXPENSES. THE AMOUNT OF LOBBYING EXPENSES PAID FROM SAINT MARY'S UNIVERSITY OF MINNESOTA'S DUES WAS SIGNIFICANTLY LESS THAN THAT AMOUNT. 384337 X 0 43171427 605197 5526798 1180306 39833 38359 48044924 44153606 1728545 -1415031 1179875 40746 75072 43171427 36207814 2730491 6480875 1123613 47724 94239 44153604 29287566 3781308 4363617 1085001 54394 85282 36207814 36071170 2484989 -9016925 5025 67443 179200 29287566 0.37050 0.50560 0.12390 1 0 1457394 1457394 74745756 22966373 51779383 3800453 1989045 1811408 24043894 20128965 3914929 4668379 3753819 914560 59877674 DEFERRED DEBT ISSUANCE COSTS 170131 FUNDS HELD FOR OTHERS 15663244 DEPOSITS WITH BOND TRUSTEES 1247249 CASH SURRENDER VALUE OF LIFE INSURANCE 156100 FUNDS HELD BY OTHERS 340982 RESIDENCE TRUST 267131 17844837 ANNUITIES PAYABLE 574970 REFUNDABLE DEPOSITS 442305 DEPOSITS HELD IN CUSTODY FOR OTHERS 140667 FUNDS HELD FOR OTHERS 15663244 ASSET RETIREMENT OBLIGATION 668707 CONTRACT PAYABLE 821808 18311701 X 69805673 4566773 54687 4621460 65184213 132800 15933420 16066220 81250433 63399792 68248 68248 63331544 132800 16064438 16197238 79528782 PART III, LINE 4: THE ARTWORK AT SAINT MARY'S INCLUDES PRINTS AND SCULPTURES THAT HELP TO SUPPORT OUR LASALLIAN MISSION AND ENHANCE THE SCHOLARLY ATMOSPHERE. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUND EARNINGS ARE USED TO SUPPORT STUDENT SCHOLARSHIPS, STUDENT ASSISTANCE, AND SOME PROGRAM ENDOWMENTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE UNIVERSITY FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE UNIVERSITY FOR UNCERTAIN TAX POSITIONS AS OF MAY 31, 2013 AND 2012. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURNS FOR THE CURRENT YEAR AS WELL AS FISCAL YEARS 2010 THROUGH 2012 ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN ON FUNDS HELD IN TRUST BY OTHERS 54,687. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND SCHOLARSHIPS SHOWN AS A REDUCTION OF TUITION 16,064,438. RENTAL EXPENSES -131,018. PART XII, LINE 2D - OTHER ADJUSTMENTS: GAIN ON ACTUARIAL ADJUSTMENT -62,770. RENTAL EXPENSES 131,018. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND SCHOLARSHIPS SHOWN AS A REDUCTION OF TUITION 16,064,438. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 SAINT MARY'S UNIVERSITY INCLUDES A RACIALLY NONDISCRIMINATORY POLICY ON ALL APPLICATIONS, OUR WEBSITE, OUR UNDERGRADUATE AND GRADUATE CATALOGS, OUR FACT SHEET, OUR GRADUATE PROGRAM INFORMATION SHEETS AND OUR UNDERGRADUATE STUDENT RESOURCE AND DAILY PLANNER. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE UNIVERSITY 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 UNIVERSITY ALSO RECEIVES A GRANT FROM THE STATE OF MINNESOTA BASED ON MINNESOTA RESIDENTS ENROLLED AND VARIOUS OTHER FEDERAL AND STATE EDUCATIONAL AND RESEARCH GRANTS OR SUBSIDIES. CENTRAL AMERICAN AND CARIBBEAN (JAMAICA) 1 6 PROGRAM SERVICES EDUCATION 20000 EUROPE (LONDON) 1 6 PROGRAM SERVICES EDUCATION 160232 SUB-SAHARA AFRICA (KENYA) 2 2 PROGRAM SERVICES EDUCATION 15000 4 14 0 0 4 14 195232 0 195232 1 0 0 0 0 0 1 SCHOLARSHIPS AND GRANTS - SEE UNIVERSITY FOR CURRENT LISTING 1174 16064438 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SAINT MARY'S DISTRIBUTES SCHOLARSHIPS BASED ON NEED AND MERIT. NEED BASED SCHOLARSHIPS ARE AWARDED BY THE FINANCIAL AID OFFICE USING THE INFORMATION FROM THE RESULTS OF THE FAFSA (FREE APPLICATION FOR FEDERAL STUDENT AID). MERIT BASED SCHOLARSHIPS ARE AWARDED BY THE ADMISSIONS OFFICE USING THE INFORMATION FROM THE STUDENT'S OFFICIAL HIGH SCHOOL TRANSCRIPTS AND THE RESULTS OF THE STANDARDIZED TEST (ACT, SAT, ETC.). FOR STUDENTS RECEIVING GRANTS AND SCHOLARSHIP FUNDS WITH RENEWAL CONDITIONS, FULFILLMENT OF THOSE CONDITIONS ARE VERIFIED BY THE FINANCIAL AID ADMINISTRATOR PRIOR TO THE AWARD BEING RENEWED (GPA, YEAR OF ATTENDANCE, ETC.) X 1 1 X X 0 0 0 0 0 0 0 0 0 DUMESTRE MARCEL 201591 0 0 0 2210 0 0 0 7158 0 210959 0 0 0 TITUS STEVEN 168089 0 0 0 216 0 0 0 14948 0 183253 0 0 0 PART I, LINE 1A THE UNIVERSITY PAID HOUSING ALLOWANCE FOR THE PRESIDENT. A MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY 410988525 604151HQZ 2010-05-20 4099216 REFINANCE PRIOR BOND FOR PREFERRED RATE 1 0 0 B MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY 410988525 60416HCP7 2004-03-24 10929461 REFINANCE PRIOR BOND FOR PREFERRED RATE 1 0 0 A 565000 4099216 369355 81984 1541 2010 1 0 1 1 B 3640000 10929461 872024 186413 2004 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 0 B 1 0 0 0 0 0 A 0 B 0 SCHEDULE K PART IV, ARBITRAGE, LINE 2C DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 03/19/2013 PART IV, LINE 7 DURING THE TWELVE MONTH PERIOD THE UNIVERSITY WORKED WITH OUTSIDE CONSULTANTS TO MONITOR COMPLIANCE; REBATE ANALYSTS HAVE BEEN ENGAGED SINCE THE FIRST ISSUE. PART V WRITTEN PROCEDURES HAVE NOT BEEN FINALIZED AT THE TIME OF THIS FILING. WINONA HEATING AND VENTILATING MICHAEL GOSTOMSKI IS AN OFFICER OF THE COMPANY AND A CURRENT TRUSTEE. 409966 REROOFING OF BUILDINGS THROUGH THE MAINTENANCE DEPARTMENT. THESE WERE CONDUCTED IN THE NORMAL COURSE OF BUSINESS. 0 X 15483 COST OR SELLING PRICE X 14 237602 COST OR SELLING PRICE X SCIENTIFIC EQUIPMENT 1 14090 COST OR SELLING PRICE 0 1 1 METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS: PART I, COLUMN (B): SCHEDULE M, PART I, COLUMN B REPORTS THE NUMBER OF CONTRIBUTORS. THIRD PARTY USE: PART I, LINE 32B: SAINT MARY'S UNIVERSITY'S POLICY IS TO SELL ALL STOCK GIFTS RECEIVED AT THE TIME OF RECEIPT. WE USE VARIOUS BROKERS DEPENDING ON THE RELATIONSHIP WITH THE DONOR. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE IS A STANDING COMMITTEE OF THE BOARD OF TRUSTEES COMPOSED OF THE CHAIR, THE VICE CHAIR, THE PRESIDENT, THE SECRETARY, THE TREASURER, THE CHAIR OF EACH OF THE STANDING COMMITTEES, AND THE PROVINCIAL OF THE MIDWEST DISTRICT OF THE BROTHERS OF THE CHRISTIAN SCHOOLS (OR ANY SUCCESSOR ENTITY). THE EXECUTIVE COMMITTEE HAS THE FULL POWERS OF THE BOARD TO TAKE SUCH ACTION AS MAY BE NECESSARY OR APPROPRIATE IN THE EVENT OF AN EMERGENCY OR OTHER EXIGENT CIRCUMSTANCES, AS DETERMINED BY EITHER THE PRESIDENT OR THE CHAIR. FORM 990, PART VI, SECTION A, LINE 6 THE BROTHERS OF THE CHRISTIAN SCHOOLS ARE CONSIDERED MEMBERS OF THE UNIVERSITY. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES HAS THE RESPONSIBILITY OF REVIEWING AND APPROVING THE FORM 990. AFTER REVIEW BY THE AUDIT COMMITTEE, THE BOARD OF TRUSTEES RECEIVES A COPY OF THE PUBLIC INSPECTION COPY OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C IN JUNE OF EACH YEAR, TRUSTEES, OFFICE HOLDERS AND COMMITTEE MEMBERS DISCLOSE IN WRITING: (1) ALL CONTRACTS OR BUSINESS TRANSACTIONS BETWEEN THE UNIVERSITY AND THE TRUSTEE, OFFICE HOLDER OR COMMITTEE MEMBER; (2) ALL CONTRACTS OF BUSINESS TRANSACTIONS BETWEEN THE UNIVERSITY AND A FAMILY MEMBER; AND (3) ALL CONTRACTS OR BUSINESS TRANSACTIONS BETWEEN THE UNIVERSITY AND AN ORGANIZATION IN WHICH THE TRUSTEE, OFFICE HOLDER OR COMMITTEE MEMBER OR THEIR FAMILY MEMBER HAS A MATERIAL FINANCIAL INTEREST. A REPORT OF ALL POTENTIAL CONFLICTS IS GATHERED BY THE GENERAL COUNSEL AND THE EXECUTIVE COMMITTEE MEETS TO DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS OR APPEARS TO EXIST. THE EXECUTIVE COMMITTEE RECORDS A SUMMARY OF THE INTEREST, THE DETERMINATIONS MADE AND THE ACTIONS TAKEN BY THE COMMITTEE REGARDING THE POSSIBLE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A USED FOR THE PRESIDENT AND ONE TOP MANAGEMENT POSITION. DATA ON SALARY OF COMPARABLE INSTITUTIONS WAS PROVIDED TO THE CHAIR OF THE BOARD FROM AN OUTSIDE CONSULTANT WHO SPECIALIZES IN DETERMINING MARKET BASED COMPENSATION RATES FOR KEY POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 ARTICLES OF INCORPORATION ARE PUBLIC DOCUMENTS AVAILABLE FROM THE SECRETARY OF STATE. THE CONFLICT OF INTEREST POLICY IS AVAILABLE ON THE UNIVERSITY'S WEBSITE. FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND THROUGH EMMA (ELECTRONIC MUNICIPAL MARKET ACCESS). CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: GAIN ON FUNDS HELD BY OTHERS 54,687. GAIN ON ACTUARIAL ADJUSTMENT 62,770. FORM 990, PART XII, LINE 2C: NEITHER THE OVERSIGHT PROCESS OR THE SELECTION PROCESS OF THE INDEPENDENT ACCOUNTANT CHANGED DURING THE TAX YEAR. RESIDENCE TRUST (1) CHARITABLE TRUST MN T 0 CHARITABLE REMAINDER UNITRUST (7) CHARITABLE TRUST MN T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0