2014-05-09T10:02:55-05:00 2013-06-30 410746749 CLIFTONLARSONALLEN LLP 818 SECOND ST SO SUITE 320 WAITE PARK MN 56387 990 2012-07-01 453656162 SAINT JOHN'S UNIVERSITY SAIN 3203633161 2850 ABBEY PLAZA PO BOX 2222 COLLEGEVILLE MN 563212222 RICHARD ADAMSON 3203633164 2014-05-03 1 KAREN GRIES P00078514 3202035500 2012 2015-11-30 17:44:51Z MICHAEL HEMESATH 2850 ABBEY PLAZA PO BOX 2222 COLLEGEVILLE MN 563212222 446263549 0 0928 X WWW.CSBSJU.EDU X 2011 MN TO FOSTER THE VITALITY OF COMMUNITY THROUGH LEARNING AND THE PURSUIT OF WISDOM. 34 28 2109 175 252658 59818 0 262957078 0 85250383 0 14961517 0 10726582 0 373895560 0 31834094 0 0 0 42010395 0 56221 3773699 0 28502854 0 102403564 0 271491996 0 336762466 0 60247945 0 276514521 X SEE SCHEDULE O 0 0 56143027 31772180 67277795 INSTRUCTION: SAINT JOHN'S UNIVERSITY'S UNDERGRADUATE COLLEGE PROGRAMS ARE DESIGNED TO MEET THE NEEDS AND ASPIRATIONS OF YOUNG MEN, EMPHASIZING LEADERSHIP AND A PERSONAL DEVELOPMENT PROFILE THAT INCLUDES INTELLECTUAL, SPIRITUAL, EMOTIONAL AND PHYSICAL DEVELOPMENT. ITS VALUES-BASED AND VALUE-ADDED RESIDENTIAL LIBERAL ARTS EDUCATION PROVIDES THE FRAMEWORK FOR FULFILLING LIVES OF DISCIPLINED INQUIRY AND LEADERSHIP IN CAREERS DEVOTED TO THE PROFESSIONS, PUBLIC LIFE AND SERVICE TO OTHERS. UNDERGRADUATE FALL ENROLLMENT OF 1,839 FTE STUDENTS AND 406 GRADUATES. APPROXIMATELY 20 PERCENT OF GRADUATES GO DIRECTLY TO GRADUATE SCHOOL, WHILE 80 PERCENT FIND CAREER-RELATED POSITIONS OR ENTER SERVICE WORK.SAINT JOHN'S SCHOOL OF THEOLOGY: SEMINARY GRADUATE PROGRAM FOR MEN AND WOMEN IS A RICH AND DIVERSE LEARNING COMMUNITY IN THE BENEDICTINE TRADITION, WHERE STUDENTS RECEIVE STRONG SUPPORT FOR THEIR ACADEMIC AND SPIRITUAL DEVELOPMENT. THE GRADUATE PROGRAM OFFERS THE MASTER OF ARTS DEGREE IN THEOLOGY, LITURGICAL STUDIES, LITURGICAL MUSIC, PASTORAL MINISTRY, AND A MASTER OF DIVINITY DEGREE. THESE DEGREES PREPARE STUDENTS FOR ORDINATION TO THE ROMAN CATHOLIC PRIESTHOOD AND DEACONATE, FOR LAY MINISTRY, TEACHING, AND FURTHER ACADEMIC STUDY. GRADUATE FALL ENROLLMENT OF 86 FTE AND 22 GRADUATES. 19088656 61914 808802 STUDENT SERVICES AND PROGRAMMING: THROUGH A FOUR-YEAR RESIDENTIAL PROGRAM, NEARLY ALL STUDENTS (80%) LIVE ON CAMPUS. SAINT JOHN'S UNIVERSITY'S STUDENT DEVELOPMENT PROGRAMS PROMOTE THE HEALTH, SAFETY, LEARNING, GROWTH, AND DEVELOPMENT OF STUDENTS WITHIN THE CONTEXT OF COMMUNITY. WE ARE PARTICULARLY ATTENTIVE TO COLLEGE MEN AND THEIR ENGAGEMENT AND REFLECTION IN WAYS THAT ARE CONSISTENT WITH OUR CATHOLIC, BENEDICTINE, RESIDENTIAL, LIBERAL ARTS IDENTITY AND CHARACTER. THE FACULTY RESIDENT PROGRAM IS A DISTINCTIVE PART OF CAMPUS LIFE, WHEREBY BENEDICTINE PROFESSORS AND ADMINISTRATORS LIVE IN THE RESIDENCE AREAS AND SERVE AS ADULT MENTORS. 13229829 0 17163786 AUXILIARY SERVICES: AS A RURAL RESIDENTIAL CAMPUS, ST. JOHN'S UNIVERSITY OPERATES ITS AUXILIARY SERVICES TO ENHANCE THE EDUCATIONAL EXPERIENCE BY BUILDING A SENSE OF COMMUNITY. THESE AUXILIARY OPERATIONS PROVIDE SERVICES SUCH AS HOUSING, FOOD SERVICE, AND THE BOOKSTORE. 88461512 1 1 0 1 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 178 0 2109 1 1 1 1 GM 0 0 0 1 1 0 0 0 0 X 34 28 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 MN X KEN OSBORNE 3203633161 2850 ABBEY PLAZA PO BOX 2222 COLLEGEVILLE MN 563212222 JOE MUCHA 5.00 0.00 X X 0 0 0 KEN ROERING 4.00 0.00 X X 0 0 0 STEVE ARMSTRONG 4.00 0.00 X 0 0 0 DENNIS BEACH OSB 50.00 0.00 X 0 0 0 CARIE BRAUN 50.00 0.00 X 97965 0 8554 TONY CHRISTIANSON 2.00 0.00 X 0 0 0 MARILOU ELDRED 2.00 0.00 X 0 0 0 PATRICK ELLINGSWORTH 2.00 0.00 X 0 0 0 TERRY FRUTH 3.00 0.00 X 0 0 0 CONNER GRIFFIN 2.00 0.00 X 8223 0 0 STUART HARVEY JR 2.00 0.00 X 0 0 0 LINDA HOESCHLER 3.00 0.00 X 0 0 0 ERIC HOLLAS OSB 50.00 0.00 X 0 0 0 ANN HUNTRODS 2.00 0.00 X 0 0 0 WILLIAM JEATRAN 4.00 0.00 X 0 0 0 JAMES KNOBLACH 2.00 0.00 X 0 0 0 PAUL KRUMP 2.00 0.00 X 0 0 0 BENEDICT LEUTHNER OSB 2.00 0.00 X 0 0 0 RENE MCGRAW OSB 50.00 0.00 X 0 0 0 THOMAS NICOL 2.00 0.00 X 0 0 0 KATHLEEN NORRIS 2.00 0.00 X 0 0 0 BILL O'CONNELL 2.00 0.00 X 0 0 0 JOSE PERIS 2.00 0.00 X 0 0 0 ROBIN PIERZINA OSB 10.00 0.00 X 0 0 0 DAVID REHR 2.00 0.00 X 0 0 0 MIKE SCHERER 3.00 0.00 X 0 0 0 THOMAS SCHNETTLER 2.00 0.00 X 0 0 0 BILL SCHUBERT 2.00 0.00 X 0 0 0 DON SCHUMACHER 3.00 0.00 X 0 0 0 FRED SENN 3.00 0.00 X 0 0 0 JIM SEXTON 2.00 0.00 X 0 0 0 PRINCE WALLACE 2.00 0.00 X 0 0 0 DAN WHALEN 4.00 0.00 X 0 0 0 MICHAEL HEMESATH 60.00 0.00 X X 149010 0 28195 ROBERT KOOPMAN OSB 60.00 0.00 X X 0 0 0 RICHARD ADAMSON 50.00 0.00 X 211525 0 34273 ROBERT CULLIGAN 50.00 0.00 X 205372 0 78785 JAMES TRIGGS 50.00 0.00 X 219116 0 17070 JOHN GAGLIARDI 50.00 0.00 X 149330 0 38339 JON MCGEE 50.00 0.00 X 130779 0 40446 JOHN YOUNG 50.00 0.00 X 126373 0 52784 JOSEPH DES-JARDINS 50.00 0.00 X 124103 0 32955 1421796 0 331401 21 0 1 0 ORDER OF SAINT BENEDICT 2900 ABBEY PLAZA COLLEGEVILLE MN 56321 MAINTENANCE & REPAIRS 1971430 BREITBACH CONSTRUCTION CO PO BOX 78 ELROSA MN 56325 CONSTRUCTION 1793907 JOHN ROBERTS CO 9687 EAST RIVER ROAD MINNEAPOLIS MN 55433 PRINTING 1741166 MCDOWALL COMPANY PO BOX 606 WAITE PARK MN 56387 CONSTRUCTION 1161363 SPRINTURF LLC 900 CIRCLE 75 PARKWAY SUITE 1750 ATLANTA GA 30339 CONSTRUCTION 820239 21 X 8580 250564158 1032688 11351652 244808436 262957078 TUITION AND FEES 611600 67277795 67277795 FOOD SERVICES 611700 8503812 8396966 106846 RESIDENCE HALLS 611700 7456170 7393643 62527 OTHER AUXILIARIES 611700 1203804 1185434 18370 STUDENT SERVICES & PROGRAMMING 611700 808802 808802 85250383 4943345 32895 4910450 81471 81471 79387752 12129 69369580 12129 10018172 0 10018172 10018172 70575 8580 57454 13121 13121 4946054 2928826 2017228 32020 1985208 NET GAIN ON INSURANCE PROCEEDS 900099 8048313 8048313 MISCELLANEOUS 900099 566449 566449 8614762 373895560 85062640 252658 25623184 61914 61914 31772180 31772180 1009293 115829 608854 284610 31417504 25270230 4155519 1991755 1906967 1549181 254992 102794 5661473 4092424 1305184 263865 2015158 1585726 305087 124345 443419 443419 399732 1050 397662 1020 42172 42172 123572 123572 56221 56221 1007883 1007883 1246495 1109981 131738 4776 658915 277299 191951 189665 505513 238275 211215 56023 1017502 550744 403652 63106 11332 11332 5374911 4593075 781836 2591364 2298715 116279 176370 446586 174265 119749 152572 2075386 2075386 4716543 4084627 631916 261645 72096 189549 OTHER AUXILIARIES 4001255 4001255 STUDENT PROGRAMMING 2469674 2469674 MISCELLANEOUS EXPENSES 1108955 146428 867586 94941 COST CENTER ALLOCATIONS 0 1466407 -1678043 211636 102403564 88461512 10168353 3773699 7247268 11039906 833406 8368494 932175 125013152 4740261 0 120272891 119584314 45152893 2489006 0 20842113 0 336762466 6891974 2489006 2276537 39054019 280749 0 9255660 0 60247945 X 161003409 45405608 70105504 0 276514521 0 336762466 X 271491996 6078687 -1056162 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 123572 123572 0 EXPLANATION OF LOBBYING ACTIVITIES: PART II-B, LINE 1: THIS FIGURE IS EQUAL TO THE AMOUNT OF DUES PAID BY SAINT JOHN'S UNIVERSITY TO THE MINNESOTA PRIVATE COLLEGE COUNCIL, AN ASSOCIATION THAT SERVES A VARIETY OF ITS MEMBERS' SHARED NEEDS, INCLUDING, BUT NOT ONLY, NONPARTISAN AND NONELECTORAL 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"). 13891971 13891971 0 0 X X X 0 0 1 X 0 144337960 17665124 3149015 6689773 152164296 0.37080 0.41990 0.20930 1 0 4343201 4343201 88788502 2839128 85949374 8956655 1901133 7055522 22924794 22924794 120272891 PRIVATE EQUITY 7514172 F VENTURE CAPITAL 6777227 F REAL ESTATE 16676210 F ENDOWMENT HELD BY OTHERS 2010564 F SECURITIES HELD OUTSIDE 12174720 F 45152893 OTHER RECEIVABLES 11208478 ASSETS HELD IN CHARITABLE REMAINDER TRUSTS 6936957 UNITRUSTS RECEIVABLE 1234662 COLLATERAL HELD UNDER SECURITIES LENDING AGREEMENT 917632 DEFERRED DEBT ACQUISITION COSTS 521560 INTEREST RECEIVABLE 22824 20842113 ANNUITIES AND UNITRUSTS PAYABLE 7268921 COLLATERAL PAYABLE UNDER SECURITIES LENDING AGREEMENT 1077982 OTHER LONG TERM LIABILITIES 908757 9255660 98560144 6078687 2986280 9064967 89495177 1007883 283392500 284400383 373895560 72609781 2986280 2986280 69623501 1007883 31772180 32780063 102403564 PART III, LINE 4: THE UNIVERSITY HOLDS A HAND WRITTEN BIBLE, VARIOUS RARE BOOKS, AND DIGITAL IMAGES OF RARE OR ENDANGERED MANUSCIPTS. THESE ITEMS ARE BEING PRESERVED FOR USE BY STUDENTS AND SCHOLARS FOR RESEARCH PURPOSES. PART IV, LINE 2B: THE UNIVERSITY HOLDS FUNDS ON BEHALF OF OTHER ORGANIZATIONS FOR FISCAL MANAGEMENT PURPOSES. THESE FUNDS ARE HELD BY THE UNIVERSITY AND DISTRIBUTED BACK TO THE ORGANIZATION UPON REQUEST. THE UNIVERSITY HAS RECOGNIZED THE FUNDS AS A LIABILITY IN THE STATEMENT OF FINANCIAL POSITION. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT DRAW IS USED TO SUPPORT STUDENT FINANCIAL AID, INSTRUCTION, PROGRAMMING, AND THE GENERAL OPERATIONS OF THE INSTITUTION. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,928,826. SPECIAL EVENT EXPENSES 57,454. PART XI, LINE 4B - OTHER ADJUSTMENTS: ADJUSTMENT OF ACTUARIAL LIABILITY 361,679. CHANGE IN ANNUITY AND UNITRUST LIABILITY 694,483. SCHOLARSHIPS AND GRANTS 31,772,180. CONTRIBUTION FROM RELATED ORGANIZATION 250,564,158. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,928,826. SPECIAL EVENT EXPENSES 57,454. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 31,772,180. 1 1 1 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 POLICIES ARE PUBLISHED ON THE UNIVERSITY'S WEBSITE, ADS IN LOCAL NEWSPAPERS AND OTHER PUBLICATIONS AS A RESULT OF EMPLOYMENT ANOUNCEMENTS AND ALSO CORRESPONDENCE WITH CURRENT AND POTENTIAL STUDENTS. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 SAINT JOHN'S UNIVERSITY RECEIVES FEDERAL AND STATE AID FOR GRANTS AND WORKSTUDY. SUB-SAHARAN AFRICA 0 2 PROGRAM SERVICES STUDENT PROGRAMS 122686 EAST ASIA AND THE PACIFIC 0 9 PROGRAM SERVICES STUDENT PROGRAMS 365985 SOUTH ASIA 0 9 PROGRAM SERVICES STUDENT PROGRAMS 65132 SOUTH AMERICA 0 4 PROGRAM SERVICES STUDENT PROGRAMS 235866 CENTRAL AMERICA AND THE CARIBBEAN 0 7 PROGRAM SERVICES STUDENT PROGRAMS 100272 EUROPE (INCLUDING ICELAND & GREENLAND) 0 73 PROGRAM SERVICES STUDENT PROGRAMS 1344071 EUROPE (INCLUDING ICELAND & GREENLAND) 0 4 PROGRAM SERVICES BIBLE HERITAGE 356428 MIDDLE EAST AND NORTH AFRICA 0 5 PROGRAM SERVICES HMML PRESERVATION 262090 SUB-SAHARAN AFRICA 0 1 PROGRAM SERVICES HMML PRESERVATION 120120 SOUTH ASIA 0 1 PROGRAM SERVICES HMML PRESERVATION 18175 EUROPE (INCLUDING ICELAND & GREENLAND) 0 3 PROGRAM SERVICES HMML PRESERVATION 18147 0 113 0 5 0 118 2852530 156442 3008972 1 0 0 1 0 1 METHOD USED TO ACCCOUNT FOR EXPENDITURES: SCHEDULE F, PART I, LINE 3: ACCRUAL METHOD X X X X X X X 1 BENTZ WHALEY FLESSNER 7251 OHMS LANE MINNEAPOLIS MN 55439 CAMPAIGN CONSULTANT 0 0 56221 -56221 56221 -56221 MN ALUMNI ASSOCIATION GOLF 30365 1680 28685 134 14659 9504 2179 TUCKER CLASSIC 14290 14290 5721 4972 240 3 34500 6900 27600 830 10410 7316 1489 79155 8580 70575 964 30790 21792 3908 57454 13121 1 GREATER ST CLOUD DEVELOPMENT CORPORATION 1010 W ST GERMAIN ST SUITE 250 ST CLOUD MN 56301 452050341 501(C)(3) 7500 0 N/A N/A COMMUNITY DEVELOPMENT MINNESOTA PUBLIC RADIO 480 CEDAR ST ST PAUL MN 55101 410953924 501(C)(3) 23000 31414 OTHER OFFICE SPACE GENERAL OPERATING SUPPORT 2 0 STUDENT SCHOLARSHIPS & FINANCIAL AID 1845 31772180 0 N/A N/A PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE FINANCIAL AID OFFICE MAINTAINS RECORDS WHICH SUBSTANTIATE ELIGIBILITY AND THE AMOUNT OF ASSISTANCE GIVEN TO STUDENTS. NEED BASED ELIGIBILITY FOR SCHOLARSHIPS IS DETERMINED BY USING INFORMATION ON THE FAFSA, AND MERIT BASED STUDENT AID IS DETERMINED USING VARIOUS FACTORS TO ASSESS ACADEMIC PERFORMANCE OF THE STUDENT. GIFTS/SPONSORSHIPS TO ORGANIZATIONS ARE REVIEWED AND APPROVED BY THE PRESIDENT. X 1 1 X X X 0 0 0 1 0 0 0 0 0 MICHAEL HEMESATH 147974 0 0 0 1036 0 13500 0 14695 0 177205 0 0 0 RICHARD ADAMSON 191362 0 20000 0 163 0 17732 0 16541 0 245798 0 0 0 ROBERT CULLIGAN 205234 0 0 0 138 0 18422 0 60363 0 284157 0 0 0 JAMES TRIGGS 97380 0 121598 0 138 0 9000 0 8070 0 236186 0 0 0 JOHN GAGLIARDI 148830 0 0 0 500 0 21839 0 16500 0 187669 0 0 0 JON MCGEE 130616 0 0 0 163 0 12243 0 28203 0 171225 0 0 0 JOHN YOUNG 126235 0 0 0 138 0 12051 0 40733 0 179157 0 0 0 JOSEPH DES-JARDINS 123682 0 0 0 421 0 11641 0 21314 0 157058 0 0 0 PART I, LINE 1A MICHAEL HEMESATH: HOUSING ALLOWANCE. BECAUSE THE PRESIDENT IS REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF EMPLOYMENT, THE HOUSING ALLOWANCE IS NOT INCLUDED IN TAXABLE INCOME. PART I, LINE 5 AS PART OF HIS COMPENSATION PACKAGE, JIM TRIGGS, EXECUTIVE DIRECTOR OF THE BIBLE HERITAGE PROGRAM, WAS PAID A COMMISSION BASED ON SALES OF THE HERITAGE EDITIONS OF THE BIBLE. A MN HIGHER EDUCATION FACILITIES AUTHORITY 410988525 60416HMQ4 2008-06-04 11301602 SEE PART VI 0 0 0 B MN HIGHER EDUCATION FACILITIES AUTHORITY 410988525 60416HFP4 2005-08-18 40607696 SEE PART VI 0 0 0 A 1100885 11301602 784350 279830 226032 10011390 2009 0 0 1 1 B 13115526 40607696 9674 532392 40065630 2005 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 1 B 0 0 0 1 0 0 1 GRAND CENTRAL FUNDING 13.300000000000 1 0 1 A 1 B 1 SCHEDULE K PART IV, ARBITRAGE, LINE 2C DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MN HIGHER EDUCATION FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 10/01/2012 ISSUER NAME: MN HIGHER EDUCATION FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 10/01/2006 SCHEDULE K, PART I, LINE A, COLUMN (F) DESCRIPTION OF PURPOSE CONSTRUCTION OF STUDENT HOUSING, COMMUNITY CENTER, AND DINING RENOVATIONS. SCHEDULE K, PART I, LINE B, COLUMN (F) DESCRIPTION OF PURPOSE REFINANCE 2 PRIOR BONDS ORIGINALLY ISSUED TO FUND SCIENCE CENTER, ATHLETIC COMPLEX, QUAD BUILDING RENOVATIONS, AND DORMITORIES. X 1 19500 APPRAISAL X 53936 AVERAGE COST X 9020 COST X 75 1983710 STOCK MARKET QUOTES X OSB GIFT 1 242699200 SEE PART II X RESEARCH EQUIPMENT 1 25018 COST X EVENT FUNDING 10 9947 COST X OTHER 8 8105 COST 1 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS: PART I, COLUMN (B): THE UNIVERSITY REPORTS ON PART I, COLUMN (B) THE NUMBER OF CONTRIBUTORS. SCHEDULE M, PART I, LINE 25: GIFT FROM THE ORDER OF ST. BENEDICT: PRIOR TO JULY 1, 2012, ST. JOHN'S UNIVERSITY WAS AN OPERATING DIVISION OF THE ORDER OF ST. BENEDICT (OSB), A BENEDICTINE MONASTERY. EFFECTIVE JULY 1, 2012, ST. JOHN'S UNIVERSITY BEGAN OPERATIONS AS A NEW SEPARATE CIVIL CORPORATION. ALL ASSETS AND LIABILITIES PREVIOUSLY ASSOCIATED WITH THE UNIVERSITY DIVISION, AND NECESSARY TO ITS ONGOING OPERATIONS, WERE TRANSFERRED BY THE OSB TO THE NEW UNIVERSITY CIVIL CORPORATION AS OF JULY 1, 2012. THE NET GIFT TO THE UNIVERSITY FROM OSB WAS $250,564,158. THIS INCLUDED $242,699,200 OF NON-CASH ITEMS FOR WHICH THE DETAIL IS AS FOLLOWS: TYPE OF PROPERTY CONTRIBUTION METHOD SECURITIES - PUBLICLY TRADED $88,717,887 STOCK MKT QUOTES SECURITIES - CLOSELY HELD STOCK $21,801,398 APPRAISED VALUE SECURITIES - MISCELLANEOUS $48,607,249 APPRAISED VALUE REAL ESTATE - OTHER $75,934,321 NET BOOK VALUE OTHER - ASSETS $7,638,345 FAIR MARKET VALUE TOTAL $242,699,200 GIFT FROM ORDER OF ST. BENEDICT: FORM 990, PART I, LINE 8: PRIOR TO JULY 1, 2012, ST. JOHN'S UNIVERSITY WAS AN OPERATING DIVISION OF THE ORDER OF ST. BENEDICT (OSB), A BENEDICTINE MONASTERY. EFFECTIVE JULY 1, 2012, ST. JOHN'S UNIVERSITY BEGAN OPERATIONS AS A NEW SEPARATE CIVIL CORPORATION. ALL ASSETS AND LIABILITIES PREVIOUSLY ASSOCIATED WITH THE UNIVERSITY DIVISION, AND NECESSARY TO ITS ONGOING OPERATIONS, WERE TRANSFERRED BY THE OSB TO THE NEW UNIVERSITY CIVIL CORPORATION AS OF JULY 1, 2012. IN CONNECTION WITH THE TRANSFER, THE UNIVERSITY HAS A LAND LEASE AGREEMENT WITH OSB FOR ALL OF THE LAND THAT THE CAMPUS SITS ON. IN ADDITION, THE UNIVERSITY LEASES SEVERAL OSB BUILDINGS NEEDED FOR UNIVERSITY OPERATIONS. THE UNIVERSITY AND OSB SHARE CERTAIN ADMINISTRATIVE AND FACILITY COSTS, WHICH ARE ALLOCATED BETWEEN THE TWO ENTITIES. THE NET GIFT TO THE UNIVERSITY FROM OSB WAS $250,564,158, AND IS INCLUDED IN THIS CONTRIBUTION NUMBER FOR THIS INITIAL REPORT. DESCRIPTION OF ORGANIZATION'S MISSION: FORM 990, PART III, LINE 1: SAINT JOHN'S UNIVERSITY FOSTERS THE VITALITY OF COMMUNITY THROUGH LEARNING AND THE PURSUIT OF WISDOM THROUGH ITS UNDERGRADUATE COLLEGE OF ARTS AND SCIENCES AND ITS GRADUATE SCHOOL OF THEOLOGY AND RELATED PROGRAMS. STRIVING FOR EXCELLENCE, WE UNITE THE WISDOM OF CATHOLIC SOCIAL TEACHING AND INTELLECTUAL TRADITION WITH THE PRACTICALITY OF THE COMMON LIFE ENVISIONED BY SAINT BENEDICT. SAINT JOHN'S UNIVERSITY'S UNDERGRADUATE COLLEGE IS A NATIONALLY-LEADING RESIDENTIAL LIBERAL ARTS COLLEGE FOR MEN WHOSE UNIQUE PARTNERSHIP WITH THE COLLEGE OF SAINT BENEDICT FOR WOMEN OFFERS STUDENTS THE EDUCATIONAL CHOICES OF A LARGE UNIVERSITY AND THE INDIVIDUAL ATTENTION AND COMMUNITY OF A PREMIER SMALL COLLEGE. THE LIBERAL ARTS EDUCATION PROVIDED IS ROOTED IN THE CATHOLIC UNIVERSITY TRADITION AND GUIDED BY THE BENEDICTINE PRINCIPLES. THESE PRINCIPLES STRESS CULTIVATION OF THE LOVE OF GOD, COMMUNITY, HOSPITALITY, STEWARDSHIP, LISTENING, WORSHIP, AND BALANCED LIVING. THE LIBERAL ARTS FORM THE CORE OF DISCIPLINED INQUIRY AND RICH PREPARATION FOR THE PROFESSIONS, PUBLIC LIFE, AND SERVICE TO OTHERS. ST. JOHN'S VISION IS TO EXCEL IN PROVIDING A UNIQUE AND ACCESSIBLE EDUCATIONAL ENVIRONMENT FOR A DIVERSE COMMUNITY OF UNDERGRADUATE MEN, AS WELL AS A GRADUATE COMMUNITY OF MALE AND FEMALE STUDENTS OF THEOLOGY, DRAWN FROM A BROAD RANGE OF SOCIO-ECONOMIC AND CULTURAL BACKGROUNDS AND SHOWING EVIDENCE OF THE CAPACITY TO PURSUE, RESPECTIVELY, LIBERAL ARTS STUDIES AND GRADUATE THEOLOGICAL EDUCATION WITH DISTINCTION. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES SHALL BE COMPOSED OF A RANGE OF BETWEEN EIGHT AND TWELVE MEMBERS, EACH WITH A VOTE: THE CHAIR AND VICE CHAIR OF THE BOARD OF TRUSTEES; THE PRESIDENT OF THE UNIVERSITY; ONE TRUSTEE; AND THE REMAINDER TRUSTEES ELECTED BY THE BOARD OF TRUSTEES. BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE SHALL HAVE THE SAME POWERS AS THE BOARD OF TRUSTEES EXCEPT IT MAY NOT TAKE ANY ACTION INCONSISTENT WITH A PRIOR ACT OF THE BOARD OF TRUSTEES, APPROVE THE ANNUAL BUDGET, APPOINT OR REMOVE THE PRESIDENT, ALTER THE UNIVERSITY'S ARTICLES OF INCORPORATION OR BYLAWS, OR TAKE ANY ACTION WHICH HAS BEEN RESERVED TO THE CLASS A OR CLASS B MEMBERS OR SPECIFICALLY RESERVED TO THE FULL BOARD. FORM 990, PART VI, SECTION A, LINE 6 THE UNIVERSITY HAS TWO CLASSES OF MEMBERS. THE CLASS A MEMBERS SHALL CONSIST OF FIVE MONKS OF SAINT JOHN'S ABBEY, AND SHALL INCLUDE THE ABBOT, THE CANONICAL TREASURER, AND THREE ADDITIONAL MONKS. THE CLASS B MEMBERS SHALL BE THE FINALLY PROFESSED MEMBERS OF SAINT JOHN'S ABBEY IN GOOD STANDING. FORM 990, PART VI, SECTION A, LINE 7A THE CLASS A MEMBERS MAY ELECT ONE MEMBER TO THE BOARD OF TRUSTEES AND HAVE COMPLETE BOARD DISMISSAL & REPLACEMENT AUTHORITY. THE CLASS B MEMBERS MAY ELECT UP TO 4 MEMBERS TO THE BOARD OF TRUSTEES, MAY REMOVE TRUSTEES ELECTED BY CLASS B MEMBERS, AND MAY ELECT CLASS A MEMBERS TO FILL A VACANCY. FORM 990, PART VI, SECTION A, LINE 7B THE CLASS A MEMBERS SHALL HAVE THE AUTHORITY TO TAKE THE FOLLOWING ACTIONS UNILATERALLY: ELECT OR REMOVE ONE CLASS A MEMBER TO THE BOARD OF TRUSTEES AND FILL A VACANCY IN SUCH POSITION; ELECT ONE TRUSTEE TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES; REQUIRE THE BOARD OF TRUSTEES TO CONSIDER OR RECONSIDER ANY ACTION OR ITEM THAT THE CLASS A MEMBERS HAVE DETERMINED TO BE SIGNIFICANT TO THE BENEDICTINE OR CATHOLIC CHARACTER OF THE UNIVERSITY; REMOVE ALL OF THE MEMBERS OF THE BOARD OF TRUSTEES AS A GROUP AND NAME SUCCESSOR TRUSTEES; APPOINT ONE CLASS A MEMBER TO ANY PRESIDENTIAL SEARCH COMMITTEE. THE UNIVERSITY MAY NOT TAKE ANY OF THE FOLLOWING ACTIONS WITHOUT APPROVAL OF THE CLASS A MEMBERS: THE SALE, LEASE, OR ENCUMBRANCE OF REAL PROPERTY OWNED BY THE UNIVERSITY; THE PURCHASE OF REAL PROPERTY CONTIGUOUS TO LAND OWNED BY THE ORDER OF SAINT BENEDICT; THE INCURRENCE OF LONG-TERM DEBT IN AN AMOUNT WHICH EXCEEDS CANONICAL LIMITS; THE ADOPTION OR SUBSTANTIVE AMENDMENT OF THE GIFT POLICIES OF THE CORPORATION; APPOINTMENT OF THE PRESIDENT OF THE UNIVERSITY; ELECTION OF NEW TRUSTEES. THE CLASS B MEMBERS' RIGHTS ARE LIMITED TO ELECTING AND REMOVING UP TO 4 CLASS B MEMBERS TO THE BOARD OF TRUSTEES AND ELECTING CLASS A MEMBERS TO FILL A VACANCY. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE CHAIR AND MANAGEMENT WILL REVIEW THE FULL FORM 990, INCLUDING SCHEDULE B. THE AUDIT COMMITTEE WILL REVIEW THE FORM 990, EXCLUDING SCHEDULE B, BEFORE FILING WITH THE IRS. THE BOARD OF TRUSTEES WILL RECEIVE A COPY OF FORM 990, EXCLUDING SCHEDULE B. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY'S CONFLICT OF INTEREST POLICY APPLIES TO ALL TRUSTEES, OFFICERS, EXECUTIVE-LEVEL EMPLOYEES, AND NON-TRUSTEE MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS. A PERSON WHO HAS AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST MUST DISCLOSE THE EXISTENCE AND NATURE OF HIS OR HER RELATIONSHIP OR FINANCIAL INTEREST TO THE CHAIR OF THE BOARD OF TRUSTEES OR THE RELEVANT COMMITTEE CHAIR. THE CHAIR OF THE MEETING SHALL REPORT THE DISCLOSURE AT THE MEETING AND THE DISCLOSURE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. AFTER DISCLOSURE OF THE POTENTIAL CONFLICT OF INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED COVERED PERSON, SUCH COVERED PERSON SHALL LEAVE THE BOARD OR COMMITTEE MEETING AT WHICH THE PROPOSED TRANSACTION OR ARRANGEMENT WITH THE UNIVERSITY IS CONSIDERED. THE REMAINING MEMBERS OF THE BOARD OR COMMITTEE SHALL THEN DISCUSS AND VOTE ON WHETHER A CONFLICT OF INTEREST EXISTS AND SHALL SEEK THE ADVICE OF LEGAL COUNSEL WHERE APPROPRIATE IN MAKING SUCH A DETERMINATION. THE COVERED PERSON WHO IS KNOWN TO HAVE A CONFLICT OF INTEREST WITH RESPECT TO A TRANSACTION OR ARRANGEMENT THAT WILL BE VOTED ON AT A MEETING SHALL NOT BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM FOR PURPOSES OF THE VOTE. SUCH PERSON'S INELIGIBILITY TO VOTE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. FORM 990, PART VI, SECTION B, LINE 15A IN ACCORDANCE WITH SALARY SECTION OF THE PRESIDENT'S WRITTEN EMPLOYMENT AGREEMENT, "THE BOARD OF TRUSTEES (THE "BOARD") OR A COMMITTEE DESIGNATED BY THE BOARD SHALL GENERALLY CONDUCT A REVIEW OF THE EMPLOYEE'S PERFORMANCE OF HIS DUTIES AS PRESIDENT ON AN ANNUAL BASIS. BASED ON THE EMPLOYEE'S PERFORMANCE, DATA REGARDING COMPENSATION PROVIDED BY COMPARABLE ENTITIES TO THEIR PRESIDENTS, AND THE UNIVERSITY'S FISCAL CONDITION, THE BOARD OR A COMMITTEE DESIGNATED BY THE BOARD MAY, IN ITS SOLE DISCRETION, INCREASE THE EMPLOYEE'S BASIC ANNUAL SALARY." THE COMPENSATION PROGRAM IS MARKET-BASED. A MARKET ANALYSIS IS COMPLETED USING CUPA-HR (COLLEGE & UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES) SALARY SURVEY DATA. THE CRITERIA FOR THE MARKET ANALYSIS INCLUDES A REVIEW AT A NATIONAL LEVEL OF PRIVATE INDEPENDENT HIGHER EDUCATION INSTITUTIONS WITH RESPECT TO ENROLLMENT, BUDGET, AND CARNEGIE CLASSIFICATION. HUMAN RESOURCES GATHERS THE DATA AND PROVIDES INFORMATION TO THE BOARD CHAIR FOR REVIEW/DECISION. THIS PROCESS WAS LAST UNDERTAKEN IN 2013. FOR OTHER OFFICERS OF THE UNIVERSITY, THE COMPENSATION PROGRAM IS MARKET-BASED. A MARKET ANALYSIS IS COMPLETED USING CUPA-HR (COLLEGE & UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES) SALARY SURVEY DATA. THE CRITERIA FOR THE MARKET ANALYSIS INCLUDES A REVIEW AT A NATIONAL LEVEL OF PRIVATE INDEPENDENT HIGHER EDUCATION INSTITUTIONS WITH RESPECT TO ENROLLMENT, BUDGET, AND CARNEGIE CLASSIFICATION. HUMAN RESOURCES GATHERS THE DATA AND PROVIDES INFORMATION TO THE PRESIDENT FOR REVIEW/DECISION. THIS PROCESS WAS LAST UNDERTAKEN IN 2013. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE MADE AVAILABLE UPON REQUEST, AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE AND UPON REQUEST. EXPLANATION OF NET GAIN ON INSURANCE PROCEEDS: FORM 990, PART VIII, LINE 11A: AS A RESULT OF A HAIL STORM ON MAY 28, 2012, THE ROOFS ON THE UNIVERSITY'S BUILDINGS RECEIVED SUBSTANTIAL DAMAGE. THE ROOFS WERE FULLY INSURED. THE UNIVERSITY AND THE INSURANCE COMPANY HAVE AGREED TO SETTLEMENT AMOUNTS ON ALL THE ROOFS EXCEPT FOR TWO. AS A RESULT OF THE SETTLEMENT, THE UNIVERSITY RECORDED A NET GAIN OF $8,048,313 ON THE STATEMENT OF ACTIVITIES. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: ADJUSTMENT OF ACTUARIAL LIABILITY -361,679. CHANGE IN ANNUITY AND UNITRUST LIABILITY -694,483. ORDER OF ST BENEDICT 2900 ABBEY PLAZA PO BOX 2400 COLLEGEVILLE MN 56321 410693973 ABBEY/MONASTERY MN 501(C)(3) LINE 1 N/A 0 CHARITABLE REMAINDER UNITRUSTS (29) TRUST MN N/A T 0 0 1 1 1 0 0 0 0 0 0 1 1 1 1 1 1 1 0 0