2013-05-15T08:58:12-05:00 2012-06-30 431126847 WILLIAMS-KEEPERS LLC 2005 WEST BROADWAY SUITE 100 COLUMBIA MO 65203 990 2011-07-01 430652617 WESTMINSTER COLLEGE WEST 5735925225 7TH AND WESTMINSTER AVENUE FULTON MO 65251 PHILIP J DANIELS 5735925225 2013-05-14 1 DEBRA K MATHES P00048945 5734426171 2011 2016-02-24 21:20:13Z GEORGE B FORSYTHE 501 WESTMINSTER AVENUE FULTON MO 65251 57723935 0 X WWW.WESTMINSTER-MO.EDU X 1853 MO FOUR-YEAR, UNDERGRADUATE LIBERAL ARTS COLLEGE. 37 37 924 70 7500 14960 2826160 4426072 22059253 22381834 3033986 764887 4608660 4377693 32528059 31950486 11992863 12318136 0 0 13149405 13787881 0 73452 800917 11542167 11232518 36684435 37411987 -4156376 -5461501 98319455 92118762 18712016 19491774 79607439 72626988 X IT SHALL BE THE MISSION OF WESTMINSTER COLLEGE TO EDUCATE AND INSPIRE ALL ITS STUDENTS THROUGH A DISTINCTIVE LIBERAL ARTS CURRICULUM AND A DYNAMIC DEVELOPMENTAL EXPERIENCE; TO CHALLENGE THEM TO BE CRITICALLY AWARE, LIFE-LONG LEARNERS AND LEADERS OF CHARACTER, COMMITTED TO THE VALUES OF INTEGRITY, FAIRNESS, RESPECT, AND RESPONSIBILITY; AND TO PREPARE THEM FOR LIVES OF SUCCESS, SIGNIFICANCE AND SERVICE. 0 0 6949563 10056198 INSTRUCTIONAL - ACADEMIC DEPARTMENTS FOR CLASSROOM INSTRUCTION. NUMBER BENEFITED - SERVED 1102 STUDENTS FALL 2011 AND 1045 STUDENTS SPRING 2012 12318136 12318136 12318136 SCHOLARSHIPS - FINANCIAL AID PROVIDED TO STUDENTS ON BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER SIMILAR STANDARDS. NUMBER BENEFITED - 1091. 6377143 STUDENT SERVICES - EXPENSES RELATING TO DEAN OF STUDENT LIFE, ADMISSIONS, GUIDANCE, PLACEMENT, CHAPLIN, FINANCIAL AID, AND INTERCOLLEGIATE ATHLETICS. NUMBER BENEFITED - SERVED 1102 STUDENTS FALL 2011 AND 1045 STUDENTS SPRING 2012 4165091 3915323 AUXILIARY OPERATIONS- RESIDENCE HALLS, BOOK STORE, DINING HALL. 2426898 ACADEMIC SUPPORT - NUMBER BENEFITED - 1079 6591989 3915323 32236831 1 1 0 0 0 0 1 1 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 67 0 1 924 0 1 1 0 0 0 0 0 0 0 0 0 X 37 37 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X PHILIP J DANIELS 5735925225 501 WESTMINSTER AVE FULTON MO 65251 BROCK AYERS 0.50 X 0 0 0 JANE BELL 0.50 X 0 0 0 HEATHER BIEHL 0.50 X 0 0 0 SCOTT BOSWELL 0.50 X 0 0 0 BRUCE BROOKBY 0.50 X 0 0 0 PETER CHILDS 0.50 X 0 0 0 KIM DANIEL 0.50 X 0 0 0 WILLIAM DANIELS 0.50 X 0 0 0 PAUL DAVIS 0.50 X 0 0 0 JOHN ELROD 0.50 X 0 0 0 JUNE FOWLER 0.50 X 0 0 0 JAMES HARROD 0.50 X 0 0 0 WALLACE HEAD 0.50 X 0 0 0 PAUL KAVANAUGH 0.50 X 0 0 0 RON KOSTICH 0.50 X 0 0 0 DONALD LOFE 0.50 X 0 0 0 THOMAS MANGAN 0.50 X 0 0 0 KENNETH MEYER 0.50 X 0 0 0 JERRY MIDDLETON 0.50 X 0 0 0 ROBERT MONROE 0.50 X 0 0 0 JAMES MORTON 0.50 X 0 0 0 ROBERT MUEHLHAUSER 0.50 X X 0 0 0 KENT MUELLER 0.50 X 0 0 0 HAROLD OAKLEY 0.50 X 0 0 0 JOHN PANETTIERE 0.50 X 0 0 0 GREGORY RICHARD 0.50 X 0 0 0 JAMES SCHMUCK 0.50 X 0 0 0 ANNE SCHNEIDER 0.50 X 0 0 0 LINDA TAYLOR 0.50 X 0 0 0 LLOYD TAYLOR 0.50 X 0 0 0 FRANKLIN TURNER 0.50 X 0 0 0 WILLIAM TYLER 0.50 X 0 0 0 DAVID VEITCH 0.50 X 0 0 0 MICHAEL WILLIAMS 0.50 X 0 0 0 SCOTT WILSON 0.50 X 0 0 0 RONALD WINNEY 0.50 X 0 0 0 GEORGE B FORSYTHE 40.00 X 215000 0 36951 TERRY BOWMASTER 40.00 X 125888 0 17206 PHILIP DANIELS 40.00 X 0 0 0 JOHN COMERFORD 40.00 X 82026 0 13022 CAROLYN PERRY 40.00 X 112450 0 15456 535364 0 82635 3 0 1 0 FRESH IDEAS 100 W NIFRONG BLVD COLUMBIA MO 65203 FOOD SERVICE 1198031 AIR SYSTEMS LLC 1208 JEFFERSON STREET COLUMBIA MO 65203 HEAT & AIR CONDITIONING 198313 HOK CONSTRUCTION SERVICES INC 211 NORTH BROADWAY SUITE 700 ST LOUIS MO 63102 CONSTRUCTION 189368 PROVISION DATA SOLUTIONS 555 SPIRIT OF ST LOUIS BLVD CHESTERFIELD MO 63005 IT NETWORK MANAGEMENT 184359 JENZABAR PO BOX 55018 BOSTON MA 022055018 SOFTWARE ERP SERVICE 158671 16 136247 4289825 552420 4426072 TUITION, FEES, RELATED 900099 22374334 22374334 ADVERTISING 900099 7500 7500 22381834 1144457 1144457 50086 0 50086 50086 50086 25359523 850 25739943 0 -380420 850 -379570 -379570 37954 33506 4448 4448 AUXILIARY SERVICES 900099 3915323 3915323 OTHER INCOME 900099 407836 407836 4323159 31950486 26289657 7500 1227257 X 12318136 12318136 530121 498513 31608 10592782 8254143 1943183 395456 2658837 1984090 559332 115415 6141 6141 17822 17822 104288 104288 73452 73452 103015 103015 2448625 1655970 770589 22066 130302 44365 85937 1551545 1200697 273241 77607 600743 23949 576794 1262737 377792 884945 872901 744384 95643 32874 75178 24888 32482 17808 593639 593639 2520288 2326701 193587 139493 58156 79208 2129 ALLOCATION OF PLANT 0 2267257 -2267257 SPECIAL PROJECTS 285731 177807 100222 7702 OTHER 247222 149935 75688 21599 BAD DEBT 185208 185208 93781 34922 55658 3201 37411987 32236831 4374239 800917 12590 72661 56031 55824 819995 1125062 739602 859227 405006 397973 36331 35794 731063 502523 84212548 38522999 47249868 45689549 30936223 27073083 12926950 11946617 674082 669007 3731714 3691442 98319455 92118762 1782874 2025651 11275000 11005000 3184361 3287137 2469781 3173986 18712016 19491774 X 25103506 21011415 10980041 7791211 43523892 43824362 79607439 72626988 98319455 92118762 X -5461501 -1518950 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 1 1 0 47277 X X X X X EDUCATE STUDENTS AT THE SCHOOL 0 50611328 414711 -293243 2914890 804605 795786 46217515 48978815 346731 7163276 2802188 936203 2139103 50611328 48549313 334726 4098343 873579 2922416 207572 48978815 61313180 676464 -8573795 1029802 3672582 164152 48549313 0.90910 0.09090 0 0 3322548 1802181 5124729 67027329 26573420 40453909 11759362 11949579 -190217 301128 301128 45689549 REAL ESTATE MORTGAGE NOTES 128637 F HEDGE FUND 6777544 F LIMITED PARTNERSHIP 2893084 F LIMITED PARTNERSHIP - REIT 410593 F PRIVATED EQUITY LIMITED PARTNERSHIP 1726059 F LIFE INSURANCE POLICY 10700 F 11946617 STUDENT DEPOSITS 215015 DEPOSITS HELD FOR OTHERS 257092 ANNUITIES PAYABLE 514620 REUNDABLE GOVERNMENT ADVANCES FOR PERKINS LOAN 489565 CONDITIONAL ASSET RETIREMENT OBLIGATIONS 303816 BANK OVERDRAFT 1393878 3173986 31950486 37411987 -5461501 -1392612 -126338 -1518950 -6980451 18043891 -1392612 -12444474 -13837086 31880977 103015 -33506 69509 31950486 25024342 33506 33506 24990836 103015 12318136 12421151 37411987 DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS: PART II, LINE 9: THE WINSTON CHURCHHILL MEMORIAL LOCATED AT WESTMINSTER COLLEGE IS A CERTIFIED HISTORIC STRUCTURE. GIFTS RECEIVED FROM DONORS TO SUPPORT THE MEMORIAL ARE REPORTED AS CONTRIBUTION REVENUE. EXPENSES RELATING TO THE MEMORIAL ARE REPORTED AS PROGRAM EXPENSES (ACADEMIC SUPPORT). PART III, LINE 4: MISSON: THE NATIONAL CHURCHILL MUSEUM, ON THE CAMPUS OF WESTMINSTER COLLEGE, COMMEMORATES AND CELEBRATES THE LIFE, TIMES, AND DISTINGUISHED CAREER OF SIR WINSTON CHURCHILL AND INSPIRES CURRENT AND FUTURE LEADERS BY HIS EXAMPLE OF RESILIENCE, DETERMINATION, AND RESOLUTION. THE MUSEUM FULFILLS ITS MISSION BY: - MAINTAINING AND EVOLVING THE MUSEUM AS A SYMBOL OF CHURCHILLS LEADERSHIP AND PRINCIPLES, - BUILDING AND PRESERVING THE COLLECTIONS ABOUT CHURCHILL AND CHRISTOPHER WREN, - CONTRIBUTING TO CULTURAL ENRICHMENT THROUGH EXHIBITIONS AND EDUCATIONAL PROGRAMS, AND - DEVELOPING ACADEMIC RESOURCES TO PROMOTE SCHOLARLY STUDY. THE MUSEUM'S COLLECTION IS A JEWEL FOR MILITARY AND BRITISH HISTORIANS AND COMPRISES MANY ONE-OF-A-KIND ARTIFACTS. HISTORIANS INTERESTED IN THE LIFE AND TIMES OF SIR WINSTON CHURCHILL COULD NOT FIND A BETTER PLACE IN AMERICA TO CONDUCT THEIR STUDIES, ACCORDING TO BARRY R. BAUMAN WHO COMPLETED A GENERAL SURVEY OF THE MUSEUM IN 2008 (WWW.BAUMANCONSERVATION.COM). THE COLLECTION INCLUDES OVER 10,000 LIBRARY AND ARCHIVAL MATERIALS. THERE ARE ALSO THOUSANDS OF PHOTOGRAPHS, SEVERAL HUNDRED PRINTS AND DRAWINGS, AND APPROX. 1,000 THREE-DIMENSIONAL OBJECTS. THE GREATEST STRENGTH OF THE HOLDINGS IS THE INTERRELATIONSHIPS WITHIN THE VARIOUS SECTIONS OF THE COLLECTION. THE COLLECTION ALSO INCLUDES LESSER NUMBERS OF PAINTINGS AND TEXTILES, PRIMARILY UNIFORMS. SOME OF THE COLLECTION IS USED IN HANDS-ON EDUCATIONAL ACTIVITIES. THIS OFFERS A WONDERFUL ADDITIONAL EXPERIENCE TO ALL STUDENTS. THE CHURCHILL PRIMARY DOCUMENTS CONSISTING OF PHOTOGRAPHS AND LETTERS ARE EXCELLENT SOURCE MATERIALS FOR RESEARCH IN THE LATE PERSONAL LIFE OF CHURCHILL AND HIS FAMILY MEMBERS. OTHER COLLECTION MATERIALS INCLUDE HUNDREDS OF ORIGINAL WAR POSTERS, NEWSPAPERS AND CLIPPINGS FOR EXCELLENT PRIMARY SOURCES FOR FACTS AND OPINIONS. COLLECTIONS ON MUSEUM EVENTS GIVE PERSPECTIVE ON THE VISITS OF CHURCHILL, TRUMAN, GORBACHEV, THATCHER, REAGAN, BUSH AND OTHER STATE LEADERS AND THEIR GLOBAL VIEWPOINT ON THE COLD WAR. HISTORIC PRESERVATION SCHOLARS WILL FIND LETTERS, INVOICES AND PAPERS ON THE UNIQUE TASK OF TRANSPORTING A BAROQUE CHURCH STRUCTURE FROM LONDON TO FULTON, ITS REASSEMBLE AND RECREATING CARVINGS AND CURTAIN ORNAMENTATION TO REFLECT SIR CHRISTOPHER WREN. THE WINSTON CHURCHILL MEMORIAL AND LIBRARY CONTAINS 1,322 VOLUMES PERTAINING TO CHURCHILL AND IS RATED AS EXCELLENT HOLDINGS OF SECONDARY SOURCE MATERIALS. CARLO D'ESTE, AUTHOR OF WARLORD: THE LIVE OF WINSTON CHURCHILL AT WAR, BEGAN HERE AS HIS STARTING POINT FOR RESEARCH. THIS PROJECT WILL EXPAND ACCESS TO THE CHURCHILL COLLECTION AND SPECIFICALLY, ITS RELEVANCE TO THE COLD WAR. BECAUSE OF THE LACK OF ADEQUATE DESCRIPTIVE MATERIALS AND GOOD FINDING AIDS, THE MUSEUM'S COLLECTION IS UNDER-UTILIZED. SOME VOLUMES ARE LOCATED AT REEVES LIBRARY, THE COLLEGE LIBRARY, LOCATED ACROSS FROM THE MUSEUM FACILITY. THE MUSEUM'S ARCHIVES/COLLECTIONS ARE FOR EDUCATION PURPOSES EITHER THROUGH PUBLIC EXHIBITION INHOUSE AND LOANED TO OTHER EXHIBITING INSTITUTIONS, SCHOLARLY RESEARCH, AND PUBLIC EDUCATION. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: GENERAL SUPPORT OF THE COLLEGE, SUPPORT OF ACADEMIC DEPARTMENTS, AWARD SCHOLARSHIPS, SUPPORT OF FACILITY CHAIRS, SUPPORT THE CHURCHILL MEMORIAL, MAINTENANCE OF THE COLLEGE FACILITIES, SUPPORT THE LIBRARY, RESEARCH PROGRAMS, LOAN FUNDS AND LECTURES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE AUDITED FINANCIAL STATEMENTS INCLUDE THE FOLLOWING STATEMENT: "THE COLLEGE IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE, EXCEPT FOR UNRELATED BUSINESS INCOME WHICH IS SUBJECT TO FEDERAL AND STATE INCOME TAXES AT STATUTORY RATES. THE COLLEGE'S FORM 990 AND TAXABLE STATUS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR OPEN TAX YEARS, WHICH AS OF THE DATE OF THIS REPORT ARE THE YEARS ENDED JUNE 30, 2007 THROUGH 2010. INTEREST AND PENALTIES INCURRED, IF ANY, RELATED TO ANNUAL FORM 990 OR UNRELATED BUSINESS INCOME TAX FILINGS ARE REPORTED WITHIN MANAGEMENT AND GENERAL EXPENSES IN THE STATEMENT OF ACTIVITIES." PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -126,338. PART XII, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID/GRANTS -12,318,136. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -126,338. PART XII, LINE 4B - OTHER ADJUSTMENTS: AMOUNT REPORTED AS COST OF GOODS SOLD -33,506. PART XIII, LINE 2D - OTHER ADJUSTMENTS: AMOUNT REPORTED AS COST OF GOODS SOLD 33,506. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID/GRANTS 12,318,136. 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 ALL PUBLICATIONS AND LOCAL BROADCASTS MADE DURING THE REGISTRATION PERIOD INDICATE THE SOCIALLY NONDISCRIMINATORY POLICY OF THE INSTITUTION. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 SCHEDULE A, PART V, LINE 34A - WESTMINSTER COLLEGE RECEIVES FEDERAL ASSISTANCE FROM THE DEPARTMENT OF EDUCATION FOR STUDENT FINANCIAL AID UNDER THE PELL GRANT, SUPPLEMENTARY EDUCATIONAL OPPORTUNITY GRANTS, COLLEGE WORK-STUDY, AND PERKINS LOAN PROGRAMS. X X 1 RUFFALOCODY 65 KIRKWOOD NO RD SW CEDAR RAPIDS IA 52406 PHONATHON 0 95921 76602 19319 95921 76602 19319 1 UNDERGRADUATE SCHOLARSHIP AWARDS 1091 12318136 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: FINANCIAL AID VERIFIES ELIGIBILITY AND AWARDS APPROPRIATELY. FUNDS ARE TRANSFERRED TO STUDENT ACCOUNTS TO COVER FEES. NO OVER-AWARDING IS PERMITTED. X 1 1 X 0 0 0 0 0 0 0 0 0 GEORGE B FORSYTHE 215000 0 0 0 0 0 17200 0 19751 0 251951 0 0 0 PART I, LINE 1A THE PRESIDENT'S RESIDENCE IS USED FOR THE BUSINESS PURPOSES OF THE UNIVERSITY AND TO FURTHER THE MISSION OF WESTMINSTER COLLEGE. THE PRESIDENT IS REQUIRED TO RESIDE IN THE RESIDENCE AND HOST MANY EVENTS FOR FACULTY, STAFF, ALUMNI, BOARD MEMBERS, AND OTHERS. SUPPLEMENTAL INFORMATION PART III AMOUNTS IN COLUMN D FOR GEORGE FORSYTHE INCLUDE THE VALUE OF COLLEGE-PROVIDED HOUSING AND PERSONAL SERVICES RELATED TO THE PRESIDENT'S HOUSE. THE INDUSTRIAL DEVELOPMENT AUTHORITY OF CALLAWAY COUNTY MISSOURI 431327288 13116PBM9 2005-05-11 7970000 REFUNDING OF ORIGINAL 1998 RESIDENTIAL FACILITIES REVENUE BONDS 0 0 0 THE INDUSTRIAL DEVELOPMENT AUTHORITY OF CALLAWAY COUNTY MISSOURI 431327288 13116PCE6 2007-08-28 4760000 2007 RESIDENTIAL FACILITIES REVENUE BONDS 0 0 0 1650000 7970000 548133 159400 6815000 1999 1 0 1 1 75000 4760000 487609 217288 487609 3980302 2008 0 0 1 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 40738 MEDIUM VALUE PER SHARE X 3 511682 APPRAISAL LESS DEBT FORG X 1 23750 AUCTION AMOUNT 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): REPORTING NUMBER OF CONTRIBUTORS ABOVE. NON REPORTING OF REVENUE: PART I, LINE 33: GIFTS OF HISTORICAL TREASURES AND COLLECTIONS FOR THE NATIONAL CHURCHILL MUSEUM ARE NOT RECORDED ON THE FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED BY THE CONTROLLER AND CFO. A COPY OF THE FORM 990 IS MADE AVAILABLE TO BOARD MEMBERS ELECTRONICALLY. BOARD MEMBERS ARE NOTIFIED AND ASKED TO REVIEW WITH A STATED DEADLINE. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST ANNUALLY. ANY ACTIVITY OF SIGNIFICANCE GOES BEFORE THE BOARD AND MEMBERS ARE REQUIRED TO ABSTAIN AFTER DISCLOSING A PERSONAL RELATIONSHIP. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -1,392,612. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -126,338. TOTAL TO FORM 990, PART XI, LINE 5: -1,518,950. SELECTION OF INDEPENDENT AUDITOR FORM 990, PART XII, LINE 2C THE FINANCIAL AFFAIRS COMMITTEE MANAGES ISSUES RELATING TO SELECTION OF THE INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.