2013-02-06T13:59:44-06:00 2012-05-31 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 225 S 6TH ST STE 2300 MINNEAPOLIS MN 55402 990 2011-06-01 910565571 PACIFIC LUTHERAN UNIVERSITY PACI 2535357119 PACIFIC LUTHERAN UNIVERSITY TACOMA WA 98447 ROBERT RILEY 2355357119 2013-01-28 1 LAWRENCE H MOHR CPA P00447603 6128764500 2011 2016-02-25 16:41:14Z ROBERT RILEY PACIFIC LUTHERAN UNIVERSITY TACOMA WA 98447 145490001 0 X WWW.PLU.EDU X 1920 WA PACIFIC LUTHERAN UNIVERSITY OFFERS MORE THAN 3,500 STUDENTS A UNIQUE BLEND OF STUDIES. THE ACADEMICALLY RIGOROUS OFFERINGS RANGE FROM THE LIBERAL ARTS TO PROFESSIONAL PROGRAMS. THE UNIVERSITY IS LOCATED 6 MILES SOUTH OF TACOMA, IN SUBURBAN PARKLAND, ON A 156-ACRE WOODED CAMPUS. STUDENTS DEVELOP SKILLS IN DECISION MAKING, ANALYSIS, COMMUNICATION AND REASONING THAT PREPARE THEM FOR A LIFETIME OF SUCCESS - BOTH IN THEIR CAREERS AND IN SERVICE TO OTHERS. PLU IS COMMITTED TO DEVELOPING IN ALL STUDENTS AN UNDERSTANDING OF THE INTERCULTURAL AND INTELLECTUAL RICHNESS OF THE WORLD. ABOUT 50 PERCENT OF STUDENTS SPEND TIME STUDYING ABROAD. THROUGHOUT ITS HISTORY PLU HAS REMAINED CLOSELY AFFILIATED WITH THE LUTHERAN CHURCH AND IS NOW A UNIVERSITY OF THE EVANGELICAL LUTHERAN CHURCH IN AMERICA. PLU'S MISSION STATEMENT IS TO "EDUCATE STUDENTS FOR LIVES OF THOUGHTFUL INQUIRY, SERVICE, LEADERSHIP AND CARE - FOR OTHER PEOPLE, FOR THE COMMUNITY, AND FOR THE EARTH." 36 34 3136 493 896198 -235146 31504170 14485346 115578907 120724395 2432533 1571548 2101775 2105101 151617385 138886390 39305904 41391396 0 0 57051374 58532436 0 0 2326845 39397013 41806032 135754291 141729864 15863094 -2843474 248452936 239467143 86708239 85232889 161744697 154234254 X PLU SEEKS TO EDUCATE STUDENTS FOR LIVES OF THOUGHTFUL INQUIRY, SERVICE, LEADERSHIP AND CARE - FOR OTHER PERSONS, FOR THE COMMUNITY AND FOR THE EARTH. 0 0 81693356 41391396 102551040 INSTRUCTION AT THE UNDERGRADUATE LEVEL OFFERS DEGREES AS FOLLOWS: BACHELOR OF ARTS, BACHELOR OF SCIENCE, BACHELOR OF ARTS IN COMMUNICATION, BACHELOR OF ARTS IN EDUCATION, BACHELOR OF ARTS IN PHYSICAL EDUCATION, BACHELOR OF ARTS IN RECREATION, BACHELOR OF BUSINESS ADMINISTRATION, BACHELOR OF FINE ARTS, BACHELOR OF MUSIC, BACHELOR OF MUSIC EDUCATION, BACHELOR OF MUSICAL ARTS, BACHELOR OF SCIENCE IN NURSING, AND BACHELOR OF SCIENCE IN PHYSICAL EDUCATION. ADDITIONALLY PLU OFFERS GRADUATE DEGREES IN MASTER OF ARTS IN EDUCATION, MASTER OF ARTS (MARRIAGE AND FAMILY THERAPY), MASTER OF BUSINESS ADMINISTRATION, MASTER OF SCIENCE IN NURSING, MASTER OF FINE ARTS (CREATIVE WRITING), AND A JOINT DEGREE MBA/MSN. THE TOTAL ENROLLMENT FOR THE 2011-2012 WAS 3,461 STUDENTS IN FALL 2011 AND 3,293 STUDENTS IN SPRING 2012, OF WHICH 825 MET THE REQUIREMENTS TO GRADUATE. 17105217 ACADEMIC SUPPORT AND STUDENT SERVICES AT PACIFIC LUTHERAN UNIVERSITY ARE COMPRISED OF ADMISSIONS, WANG CENTER, MULTIMEDIA SERVICES, THE WOMEN'S CENTER, INFORMATION & TECHNOLOGY SERVICES, CAMPUS MINISTRY, ROTC, ATHLETICS, THE HEALTH CENTER, THE COUNSELING CENTER, FINANCIAL AID OFFICE, STUDENT EMPLOYMENT, AND STUDENT SERVICES. 16739816 19034741 AUXILIARY ENTERPRISES AT PACIFIC LUTHERAN UNIVERSITY ARE COMPRISED OF 10 RESIDENCE HALLS AND ON-CAMPUS APARTMENTS, A NEWLY RENOVATED DINING HALL AS WELL AS QUICK SERVICE FOOD OPTIONS, AND A STATE OF THE ART BOOKSTORE. ADDITIONALLY, AUXILIARY ENTERPRISES CONSISTS OF THE CAMPUS CONCIERGE, CONFERENCES AND EVENTS, AND THE UNIVERSITY GOLF COURSE. DURING THE 2011-2012 SCHOOL YEAR RESIDENCE HALL OCCUPATION WAS 1,525 STUDENTS FOR FALL 2011 AND 1,435 STUDENTS FOR SPRING 2012. 7491701 461120 #1 : OPERATION AND MAINTENANCE OF PLANT INCLUDING DEPRECIATION OF $4,415,764#2: RESEARCH#3: PUBLIC SERVICE#4: OTHER INSTITUTIONAL SUPPORT 7491701 461120 123030090 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 1 1 1 0 0 0 1 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 0 1 230 0 1 3136 1 1 1 1 TD 0 0 0 1 1 1 1 0 0 0 X 36 34 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X ROBERT RILEY 2535357119 BUSINESS OFFICE TACOMA WA 98447 LOREN ANDERSON 40.00 X X 397432 0 191724 DANIEL ALSAKER 1.00 X 0 0 0 NEAL ARNTSON 1.00 X 0 0 0 LINDA BARBO 1.00 X 0 0 0 GAYLE BERG 1.00 X 0 0 0 BRUCE BJERKE 1.00 X 0 0 0 W CHRIS BOERGER 1.00 X 0 0 0 DAVID BRAUER-RIEKE 1.00 X 0 0 0 DARREN HAMBY 1.00 X 0 0 0 ROE HATLEN 1.00 X 0 0 0 TONY HICKS 1.00 X 0 0 0 JAMES HUSHAGEN 1.00 X 0 0 0 DARCY JOHNSON 1.00 X 0 0 0 DAVID JOHNSON 1.00 X 0 0 0 ESTELLE KELLEY 1.00 X 0 0 0 LISA KITTILSBY 1.00 X 0 0 0 MARK KNUDSON 1.00 X 0 0 0 LISA KORSMO 1.00 X 0 0 0 JON KVINSLAND 1.00 X 0 0 0 KATHLEEN MCCALLUM SACHSE 1.00 X 0 0 0 DONALD MORKEN 1.00 X 0 0 0 BRENDA MORRIS 1.00 X 0 0 0 LARRY NEEB 1.00 X 0 0 0 KNUT OLSON 1.00 X 0 0 0 DAVID PETERS 1.00 X 0 0 0 NANCY POWELL 1.00 X 0 0 0 JEFF RIPPEY 1.00 X 0 0 0 DONNA SCHLITT 1.00 X 0 0 0 JERRY SKAGA 1.00 X 0 0 0 CHARLEEN TACHIBANA 1.00 X 0 0 0 EILEEN TELLEFSON 1.00 X 0 0 0 BRADLEY TILDEN 1.00 X 0 0 0 TOM ERIC VRAALSEN 1.00 X 0 0 0 MARTIN WELLS 1.00 X 0 0 0 DONALD WILSON 1.00 X 0 0 0 ANDREW YEE 1.00 X 0 0 0 SHERI TONN 40.00 X 191984 0 40938 STEVEN STARKOVICH 40.00 X 155120 0 35931 LAURA MAJOVSKI 40.00 X 151201 0 42827 KARL STUMO 40.00 X 139024 0 33175 STEPHEN OLSON 40.00 X 124942 0 59506 JAMES BROCK 40.00 X 158211 0 22574 KEVIN BOEH 40.00 X 130441 0 14065 LAURIE TURNER 40.00 X 126902 0 17517 TERRY MILLER 40.00 X 122299 0 41297 DAVID ROBBINS 40.00 X 119094 0 18857 1816650 0 518411 26 0 1 0 JOHN KORSMO CONSTRUCTION INC PO BOX 1377 TACOMA WA 98401 GENERAL CONTRACTOR 3454835 NATIONAL PUBLIC RADIO PO BOX 79540 BALTIMORE MD 21279 PUBLIC RADIO PROGRAMMING SERVICES 735465 MARKET ENGINUITY INC 3131 E CLARENDON AVE STE 105 PHOENIX AZ 85016 ADVERTISING AGENT 631766 WESTMARK CONSTRUCTION 6102 N 9TH ST STE 500 TACOMA WA 98406 GENERAL CONTRACTOR 604327 JT TECH INC 13715 E KRONQUIST RD SPOKANE WA 99217 NETWORK ENGINEERING 343253 20 2305315 12180031 505868 14485346 TUITION AND FEES 611600 102408334 102408334 SALES AND SERVICES OF 611710 17006343 17006343 GARFIELD BOOKSTORE/GOL 713910 673955 673955 OTHER ACADEMIC SUPPORT 611710 461120 461120 UNIVERSITY LOANS INCOM 611710 174643 174643 120724395 1056349 222243 834106 208582 95190 113392 113392 113392 6931465 6416266 515199 515199 515199 87403 92155 -4752 -4752 UNDERWRITING REVENUE 541800 1996461 1996461 1996461 138886390 122046901 896198 1457945 41391396 41391396 1288393 159757 760543 368093 44579929 37230792 6591663 757474 3444190 2807606 552067 84517 5862627 4779047 939717 143863 3357297 2736773 538139 82385 236173 236173 112947 112947 104702 104702 7310542 5959346 1171802 179394 256361 208978 41092 6291 9994319 8125862 1715999 152458 2567242 2092742 411502 62998 2973679 2424059 476649 72971 5359441 4368863 859062 131516 803010 654591 128714 19705 2674107 2179856 428631 65620 4599596 3749459 737267 112870 907591 739843 145477 22271 MISC. MINOR EQUIPMENT P 1423599 1160477 228188 34934 STUDY AWAY FEES 1281177 1281177 DUES & SUBSCRIPTIONS 547685 446457 87788 13440 MISCELLANEOUS 437264 356445 70089 10730 216597 176564 34718 5315 141729864 123030090 16372929 2326845 24025 21425 17762299 17209239 14756535 7148287 2760035 2435060 7586966 7542098 844983 826605 1213167 960546 189422396 86539934 106192289 102882462 42195573 39815240 32716761 34408975 400000 400000 22000303 25817206 248452936 239467143 8675119 9469108 58110000 56965000 118531 107107 19804589 18691674 86708239 85232889 X 66509799 60523280 24593484 22552802 70641414 71158172 161744697 154234254 248452936 239467143 X -2843474 -4666969 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 74653552 3719443 -2761485 3595555 213379 71802576 67545423 2588852 8347469 3613152 215040 74653552 61752223 2931666 6698147 3623791 212822 67545423 71780725 5083841 -11475790 3461426 11527 163600 61752223 0.06150 0.93850 1 0 2037723 2037723 133652263 45171156 88481107 1840955 588050 1252905 33444692 26480003 6964689 18446763 14300725 4146038 102882462 PRIVATE EQUITY FUNDS 2914200 F HEDGE FUNDS 14163651 F LIFE INSURANCE 1396599 F REAL ESTATE 9846080 F MISC INVESTMENTS 568863 F REAL ESTATE FUNDS 1445834 F CDS AND OTHER INVESTMENTS 4073748 F 34408975 CONSTRUCTION IN PROGRESS 10881009 DEPOSITS HELD BY TRUSTEE 4739300 BOND ACQUISITION COSTS 1365387 FUNDS HELD IN TRUST BY OTHERS 8831510 25817206 DEPOSIT ACCOUNTS 1774249 ANNUITIES PAYABLE 6192641 FUNDS HELD FOR OTHERS 1224339 ASSET RETIREMENT OBLIGATION 974302 UNAMORTIZIED PREMIUM 997659 GOVERNMENT GRANTS REFUNDABLE 7528484 18691674 138886390 141729864 -2843474 -3367825 -1299144 -4666969 -7510443 93145826 -3367825 92155 -3275670 96421496 118189 42346705 42464894 138886390 100656269 435990 435990 100220279 118189 41391396 41509585 141729864 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: INTENDED USES OF ENDOWMENT FUNDS - TO FUND SCHOLARSHIPS, UNDERGRADUATE RESEARCH, EQUIPMENT, LECTURES, ATHLETIC FACILITIES, SOME FACULTY POSITIONS, GLOBAL EDUCATION, AND OTHER UNIVERSITY PROGRAMS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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, 2012 AND 2011. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AUTHORITIES. THE TAX RETURNS FOR FISCAL YEARS 2009 AND THEREAFTER ARE OPEN TO EXAMINATION BY FEDERAL AUTHORITIES. PART XI, LINE 8 - OTHER ADJUSTMENTS: ADJUSTMENT OF ACTUARIAL LIABILITY FOR ANNUITIES PAYABLE -264,738. LOSS ON CONTRIBUTIONS RECEIVABLE -79,097. CHANGE IN VALUE OF TRUST -955,309. TOTAL TO SCHEDULE D, PART XI, LINE 8: -1,299,144. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 92,155. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 41,391,396. CHANGE IN VALUE OF TRUST 955,309. PART XIII, LINE 2D - OTHER ADJUSTMENTS: ACTUARIAL ADJUSTMENT 264,738. LOSS ON CONTRIBUTIONS RECEIVABLE 79,097. DIRECT FUNDRAISING EXPENSES 92,155. PART XIII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 41,391,396. 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 PACIFIC LUTHERAN UNIVERSITY PUBLISHES ITS NONDISCRIMINATORY POLICY IN THE TACOMA NEWS TRIBUNE DURING FEBRUARY EACH YEAR. THE UNIVERSITY FOLLOWS A NONDISCRIMINATORY POLICY REGARDING ALL PROGRAMS. THE UNIVERSITY ENROLLS STUDENTS WITHOUT DISCRIMINATION AS TO RACE, SEX, COLOR, OR NATIONAL ORIGIN. THE UNIVERSITY'S RECRUITMENT PROCEDURES ARE DESIGNED AND CARRIED OUT IN SUCH A WAY AS TO REACH STUDENTS OF ALL RACIAL SEGMENTS IN THE GEOGRAPHICAL AREA SERVED. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES SUPPORT FROM THE US GOVERNMENT IN CONNECTION WITH THE PERKINS LOAN PROGRAM, FEDERAL WORK-STUDY PROGRAM, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM AND OTHER PROGRAMS. CENTRAL AMERICA AND THE CARIBBEAN - 0 1 PROGRAM SERVICES STUDY ABROAD ACTIVITIES; ON-SITE PROGRAM ADMINISTRATION 153395 EAST ASIA AND THE PACIFIC - 0 1 PROGRAM SERVICES STUDY ABROAD ACTIVITIES; STUDENT RECRUITMENT 237650 EUROPE (INCLUDING ICELAND & GREENLAND) - 0 4 PROGRAM SERVICES STUDY ABROAD ACTIVITIES; STUDENT RECRUITMENT 550271 NORTH AMERICA - CANADA AND MEXICO, BUT 0 0 PROGRAM SERVICES STUDY ABROAD ACTIVITIES 357402 SOUTH AMERICA - ARGENTINA, BOLIVIA, 0 0 PROGRAM SERVICES STUDY ABROAD ACTIVITIES 123331 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES STUDY ABROAD ACTIVITIES 333 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES STUDY ABROAD ACTIVITIES 140917 CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 12521689 EUROPE (INCLUDING ICELAND & GREENLAND) INVESTMENTS 1310421 0 6 0 0 0 6 14084988 1310421 15395409 1 0 1 1 1 0 KPLU SPECIAL EVENTS 87403 87403 92155 87403 87403 92155 92155 -4752 1 GRANTS AND SCHOLARSHIPS - SEE UNIVERSITY FOR LIST OF RECEIPIENTS 3079 41391396 0 PART I, LINE 2: PACIFIC LUTHERAN UNIVERSITY 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 X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 LOREN ANDERSON 275352 0 100000 0 22080 0 125725 0 65999 0 589156 0 0 0 SHERI TONN 172961 0 0 0 19023 0 34370 0 6568 0 232922 0 0 0 STEVEN STARKOVICH 151765 0 0 0 3355 0 29425 0 6506 0 191051 0 0 0 LAURA MAJOVSKI 134991 0 0 0 16210 0 28751 0 14076 0 194028 0 0 0 KARL STUMO 128803 0 0 0 10221 0 26116 0 7059 0 172199 0 0 0 STEPHEN OLSON 120103 0 0 0 4839 0 25254 0 34252 0 184448 0 0 0 JAMES BROCK 142911 0 0 0 15300 0 16065 0 6509 0 180785 0 0 0 TERRY MILLER 122299 0 0 0 0 0 12815 0 28482 0 163596 0 0 0 PART I, LINE 1A -THE TAX INDEMNIFICATION AND GROSS-UP PAYMENTS WERE ADDED ON THE FORM W-2 OF THE PRESIDENT. -THE PRESIDENT RECEIVED HOUSING PROVIDED BY THE UNIVERSITY. -SPOUSE OF PRESIDENT TRAVELED AS AN OFFICIAL REPRESENTATIVE OF UNIVERSITY WITH PRESIDENT. WASHINGTON HIGHER EDUCATION FACILITIES AUTHORITY 911306482 939781ZD5 2006-12-20 63357191 REFUNDING AND CONSTRUCTION 0 0 0 5195000 63357191 3816213 30900647 601083 1039248 27000000 2007 1 1 1 1 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 0 1 MBIA 30.000000000000 1 0 0 X JOHN KORSMO CONSTRUCTION HUSBAND OF TRUSTEE,LISA KORSMO 2369733 BUILDING CONSTRUCTION. JOHN KORSMO IS ALSO A PARTNER IN A LIMITED LIABILITY COMPANY THAT THE UNIVERSITY HAS TRANSACTIONS WITH. 0 MARYANN ANDERSON WIFE OF PRESIDENT, LOREN ANDERSON 75141 EMPLOYEE SALARY:MARYANN ANDERSON IS EMPLOYED AS THE EXTERNAL RELATIONS COORDINATOR FOR GONYEA HOUSE. SHE REPORTS DIRECTLY TO THE VICE PRESIDENT FOR FINANCE AND OPERATIONS AND THE CHAIR OF THE BOARD OF REGENTS. 0 X 20 382031 FAIR MARKET VALUE X 1 28125 FAIR MARKET VALUE X UNREIMBURSED EXPENSES 27 9251 COST OF DONATED ITEM X COMPANY PRODUCTS 6 62329 COST OF DONATED ITEM X EQUIPMENT/MISC ITEMS 7 24132 COST OF DONATED ITEM 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): THE NUMBER OF CONTRIBUTORS ONLY INDICATES THE NUMBER OF UNIQUE CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS PROVIDED TO AND REVIEWED BY THE ENTIRE BOARD BEFORE IT WAS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C PACIFIC LUTHERAN UNIVERSITY ANNUALLY REQUIRES BOARD MEMBERS AND KEY EMPLOYEES TO COMPLETE CONFLICT OF INTEREST SURVEYS. ALL SURVEYS ARE REVIEWED BY INDEPENDENT AUDITORS. ANY CONFLICTS ARE DOCUMENTED TO ENSURE PROPER OVERSIGHT. BOARD MEMBERS WITH CONFLICTS ARE REQUIRED TO RECUSE THEMSELVES FROM PROCEEDINGS. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S COMPENSATION IS REVIEWED ANNUALLY BY A COMPENSATION COMMITTEE OF THE GOVERNING BOARD. COMPARABLE DATA FOR SAME SIZE AND REGIONAL ORGANIZATIONS IS USED AS WELL AS PRIOR YEAR ACCOMPLISHMENTS. ALL OTHER POSITIONS ARE REVIEWED ANNUALLY BY AN IMMEDIATE SUPERVISOR. THE HUMAN RESOURCES DIRECTOR ASSEMBLES AND REVIEWS COMPARABLE DATA FROM THE INDUSTRY. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE POSTED ON PLU'S WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -3,367,825. ADJUSTMENT OF ACTUARIAL LIABILITY FOR ANNUITIES PAYABLE -264,738. LOSS ON CONTRIBUTIONS RECEIVABLE -79,097. CHANGE IN VALUE OF TRUST -955,309. TOTAL TO FORM 990, PART XI, LINE 5: -4,666,969. FORM 990, PART XII, LINE 2C THE OVERSIGHT PROCESS HAS NOT CHANGED FROM PRIOR YEAR BENSON FAMILY FOUNDATION PO BOX 3168 PORTLAND OR 97208 203039538 SUPPORTING ORGANIZATION TO PLU OR 501(C)(3) LINE 11D, III-O 0 CHARITABLE REMAINDER UNITRUSTS (21) CHARITABLE TRUST WA T CHARITABLE REMAINDER ANNUITY TRUST (1) CHARITABLE TRUST WA T LIFE INCOME TRUSTS (3) CHARITABLE TRUST WA T 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 BENSON FAMILY FOUNDATION C 424000 CASH CONTRIBUTION