2013-04-12T12:00:05-05:00 2012-05-31 861065772 DELOITTE TAX LLP 111 MONUMENT CIRCLE SUITE 2000 INDIANAPOLIS IN 462045108 990 2011-06-01 741159753 BAYLOR UNIVERSITY BAYL 2547103731 One Bear Place 97043 Waco TX 767987043 BOB C SPENCE 2012-04-12 true 3174648600 2011 2016-03-07 17:11:31Z KENNETH STARR One Bear Place 97096 Waco TX 767987096 768232557 false X WWW.BAYLOR.EDU X 1845 TX THE MISSION OF BAYLOR UNIVERSITY IS TO EDUCATE MEN AND WOMEN FOR WORLDWIDE LEADERSHIP AND SERVICE BY INTEGRATING ACADEMIC EXCELLENCE AND CHRISTIAN COMMITMENT WITHIN A CARING COMMUNITY. 23 17 8825 2339 -643290 0 55954594 112731185 530367367 573189507 57943164 58917941 4179134 4243190 648444259 749081823 177314079 191881679 0 0 259002809 275213504 0 323861 12463366 191804232 194555532 628121120 661974576 20323139 87107247 1862358964 2002538220 490397861 632618338 1371961103 1369919882 X THE MISSION OF BAYLOR UNIVERSITY IS TO EDUCATE MEN AND WOMEN FOR WORLDWIDE LEADERSHIP AND SERVICE BY INTEGRATING ACADEMIC EXCELLENCE AND CHRISTIAN COMMITMENT WITHIN A CARING COMMUNITY. false false 394351171 184948145 428340200 BAYLOR STRONGLY PURSUES INITIATIVES SUCH AS LOWER STUDENT-FACULTY RATIO (14:1), SMALLER CLASS SIZES (AVERAGE CLASS SIZE IS 27), RESEARCH OPPORTUNITIES FOR UNDERGRADUATES, AND GREAT FACILITIES FOR LEARNING AND LIVING. BAYLOR'S 15,000 STUDENTS TYPICALLY COME FROM ALL 50 STATES AND 80 COUNTRIES AROUND THE WORLD. THE UNIVERSITY OFFERS 144 BACCALAUREATE, 77 MASTER, 32 DOCTORAL AND THE JURIS DOCTOR DEGREE PROGRAMS THROUGH 11 ACADEMIC UNITS. STUDENTS FIND THE BEST OF A LARGE UNIVERSITY THROUGH EXCEPTIONAL BREADTH AND DEPTH OF PROGRAMS, ALONG WITH EXTRAORDINARY PERSONAL ATTENTION FOR THE INDIVIDUAL STUDENT. BAYLOR STUDENTS GARNER COMPETITIVE SCHOLARSHIPS SUCH AS FULBRIGHT, TRUMAN, GOLDWATER, ROTARY, CRITICAL LANGUAGE AND NATIONAL SCIENCE FOUNDATION GRADUATE FELLOWSHIPS. APPROXIMATELY 90% OF BAYLOR UNDERGRADUATE STUDENTS RECEIVE STUDENT FINANCIAL ASSISTANCE. BAYLOR CONSISTENTLY RANKS IN THE TOP 100 NATIONAL DOCTORAL GRANTING UNIVERSITIES BY U.S.NEWS & WORLD REPORT, A "BEST BUY" BY THE FISKE GUIDE TO COLLEGES, AND A "BEST VALUE" BY KIPLINGER'S PERSONAL FINANCE. 96633525 5455905 41256766 BAYLOR UNIVERSITY'S STUDENT SERVICES AND ACTIVITIES CONTRIBUTE TO STUDENTS' SPIRITUAL, SOCIAL AND PHYSICAL WELL-BEING. 48521349 134786 3422743 BAYLOR UNIVERSITY PROVIDES ACADEMIC SUPPORT SERVICES FOR THE PRIMARY MISSIONS OF INSTRUCTION, RESEARCH AND PUBLIC SERVICE. 50273365 1342843 98744843 OTHER EXPENSES CONTAINED HEREIN ARE COMPRISED OF THE FOLLOWING: RESEARCH, PUBLIC SERVICES, AND AUXILIARY ENTERPRISES. BAYLOR ENGAGES IN RESEARCH WORK SPONSORED BY NUMEROUS FEDERAL, STATE, AND LOCAL AGENCIES. ADDITIONALLY, BAYLOR PROVIDES NON-INSTRUCTIONAL SERVICES THAT BENEFIT INDIVIDUALS AND GROUPS EXTERNAL TO BAYLOR. AUXILIARY ENTERPRISES ARE COMPRISED GENERALLY OF THE FOLLOWING ITEMS: RESIDENCE HALLS, DINING SERVICES, BOOKSTORE, AND VENDING SERVICES. 50273365 1342843 98744843 589779410 true true false true true false true true true true true false false true true false true true true true false false true true false false true true true true false false false false false false true false true true true true false false true true true true true false true X 21386 0 true 8825 true true true true CJ CH SP UK false false false true true false false false false false X 23 17 false false true false false true true true true false true false true true true true true true true true true false AK AZ CO GA KY MD MA MI NH OH OK OR SC X Bob C Spence 2547103731 1700 S University Parks Dr Ste 670 Waco TX 767061003 X ALBERT C BLACK JR 2.00 X 0 0 0 BOBBY CHARLES DAGNEL 0.00 X 88 0 0 C CLIFTON ROBINSON 4.00 X 0 0 0 DAVID HARLAN HARPER 10.00 X 0 0 0 DUANE BROOKS 5.00 X 224 0 0 GARY D ELLISTON 6.00 X 0 0 0 JAY MILES ALLISON 2.00 X 0 0 0 JEFF D REETER 3.00 X 0 0 0 JERRY K CLEMENTS 2.00 X 220 0 0 JOHN C REIMERS 2.00 X 0 0 0 KENNETH Q CARLILE 5.00 X 0 0 0 LINDA BRIAN 0.00 X 0 0 0 MARK A MCCOLLUM 4.00 X 0 0 0 MILTON HIXSON 2.00 X 390 0 0 NEAL T BUDDY JONES 40.00 X 0 0 0 PHILIP W STEWART 2.00 X 0 0 0 R DARY STONE 30.00 X 0 0 0 RAMIRO PENA JR 20.00 X 566 0 0 RICHARD S WILLIS 5.00 X 0 0 0 ROBERT E BEAUCHAMP 3.00 X 0 0 0 RONALD DEAN MURFF 4.00 X 0 0 0 RONALD L WILSON 2.00 X 0 0 0 WILLIAM K ROBBINS JR 18.00 X 0 0 0 BOB C SPENCE 60.00 X 201444 0 36917 CHARLES BECKENHAUER 70.00 X 247706 0 38770 ELIZABETH DAVIS 70.00 X 311135 0 27741 JERRY HAAG 70.00 X 183513 0 34901 JOHN BARRY 60.00 X 218229 0 74207 KATHY WILLS WRIGHT 50.00 X 253432 0 27690 KENNETH STARR 65.00 X 585808 0 120618 KEVIN JACKSON 40.00 X 205231 0 39122 MARSHA DUCKWORTH 55.00 X 81360 0 14919 PATTIE ORR 65.00 X 236232 0 41686 PAULA AUTREY 40.00 X 53724 0 11585 REAGAN RAMSOWER 60.00 X 287866 0 38772 TOMMYE LOU DAVIS 65.00 X 187472 0 33494 IAN MCCAW 65.00 X 443535 0 41577 LEE NORDT 40.00 X 221235 0 51076 ROY BRIAN WEBB 45.00 X 393273 0 46733 ARTHUR BRILES 75.00 X 2385342 0 41018 KIM MULKEY 60.00 X 1287468 0 37501 PHIL BENNETT 75.00 X 442580 0 41414 SCOTT DREW 80.00 X 2091706 0 41414 STEPHEN SMITH 60.00 X 352257 0 46820 DAVID GARLAND 50.00 X 113494 0 50493 JUAN ALEJANDRO 45.00 X 155906 0 53865 KARLA LEEPER 60.00 X 174193 0 31011 NORMAN LOFGREN 48.00 X 170677 0 35814 TRUELL HYDE 70.00 X 204450 0 29192 11490756 0 1088350 440 true true true ARAMARK HIGHER EDUCATION FACILITIES 24818 NETWORK PLACE CHICAGO IL 606731248 FACILITY MAINTENANCE 22501468 ARAMARK CAMPUS SERVICES PO BOX 840706 DALLAS TX 752840706 DINING SERVICES 14751449 THE BECK GROUP 1807 ROSS AVE SUITE 500 DALLAS TX 752018006 COMMERCIAL ARCHITECTURE, CONSTRUCTION AND DEVELOPMENT 11293830 CROTHALL HEALTHCARE INC ONE BEAR PLACE 97214 WACO TX 767987214 HOUSEKEEPING SERVICES 4158879 HANBURY EVANS WRIGHT VLATTAS & CO PO BOX 3518 NORFOLK VA 23514 ARCHITECTURE AND PLANNING 3208145 139 0 1051335 625340 6971160 10604953 93478397 7903656 112731185 TUITION AND FEES 611310 463483554 463483554 0 0 EDUCATION AND GRANTS 611310 19712775 18859090 157435 696250 ROOM AND BOARD 611310 39466105 39466105 0 0 GOVERNMENT CONTRACTS 611310 13944477 13944477 0 0 ATHLETICS 611310 28941027 28455770 485257 0 7641569 7299296 291445 50828 573189507 58680918 -1792168 60473086 35296 0 0 35296 4248225 0 214741 4033484 8400 0 0 0 8400 0 8400 0 0 8400 11592996 7538364 11309938 7619695 283058 -81331 201727 0 0 201727 207666 625340 221101 -13435 0 -13435 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 749081823 571508292 -643290 65485636 764057 764057 191117622 191117622 0 0 4867841 886010 3083845 897986 2114647 1153146 754011 207490 204295576 189682580 8701814 5911182 18014939 15154589 2315028 545322 33706138 12117388 21200729 388021 12214363 10090702 1722665 400996 639260 596897 42363 1722231 3126 1711605 7500 273101 264001 9100 195372 195372 323861 323861 3868000 3868000 38016664 12793224 24896842 326598 4047148 2099765 1929516 17867 21908568 17961062 2753553 1193953 16468627 10631155 5669918 167554 82542 79496 2500 546 23133231 15673724 7361712 97795 19462200 17642506 1301271 518423 0 3308279 2932201 96590 279488 12949883 11771706 1016303 161874 0 31149905 28315896 2444635 389374 0 COST OF GOODS SOLD 13938660 12692627 1245220 813 MEMBERSHIPS/LICENSES 1285353 812463 455471 17419 FOOD EXPENSE 1193806 1009032 101 184673 ALLOCATION OF COSTS REPORTED IN MGMT AND ADMIN 0 28958425 -29356634 398209 912702 4840011 -3944631 17322 661974576 589779410 59731800 12463366 0 425058 465892 81233449 188892191 18258371 59156773 33757168 37004214 0 0 0 0 524286 502941 1293124 1327477 5627249 6531509 1024510458 353325152 633573372 671185306 5275877 5189245 1071366209 1021935313 11024801 10347359 0 0 0 0 1862358964 2002538220 36268916 53957858 0 0 55613977 61626531 296037188 419674509 217750 310849 0 0 695176 0 31617768 18376869 69947086 78671722 490397861 632618338 X 466054180 446647453 302446703 298583165 603460220 624689264 1371961103 1369919882 1862358964 2002538220 X 87107247 -89148468 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true true false true 0 false true 180849 true 165570 false true 0 346419 false Description of the activities reported on Lines 1a through 1i Schedule C, Part II-B, Line 1 INSTITUTIONAL LOBBYING ACTIVITIES WERE DIRECTED BOTH INTERNALLY AND BY AN OUTSIDE GOVERNMENTAL RELATIONS FIRM. THE OFFICE OF GOVERNMENTAL RELATIONS MAINTAINED CONTACT WITH LOCAL, STATE, AND FEDERAL OFFICIALS THROUGH MEETINGS IN WACO, AUSTIN, AND WASHINGTON, D.C. TO DISCUSS MATTERS RELATING TO HIGHER EDUCATION, INCLUDING STUDENT FINANCIAL AID, TAX POLICY, FEDERAL RESEARCH FUNDING, STATE FUNDING FOR DEVELOPMENT OF TECHNOLOGICAL INFRASTRUCTURE, AND MISCELLANEOUS LOCAL MATTERS. A VOLUNTEER STUDENT ORGANIZATION, THE BAYLOR AMBASSADORS, WORKED CLOSELY WITH THE OFFICE OF GOVERNMENTAL RELATIONS AND ASSISTED IN ADVOCATING TO THE STATE LEGISLATURE AND U.S. CONGRESS ON ISSUES BENEFICIAL TO BAYLOR STUDENTS SUCH AS FINANCIAL AID PROGRAMS. THE UNIVERSITY ALSO HIRED AN OUTSIDE REGISTERED GOVERNMENTAL RELATIONS REPRESENTATIVE IN WASHINGTON, D.C. THIS REPRESENTATIVE ENGAGED IN SIMILAR ACTIVITIES NOTED ABOVE. BAYLOR ANSWERED "YES" ON LINE 1D AS THE UNIVERSITY DID SEND E-MAILS; HOWEVER, THE UNIVERSITY REPORTED AN EXPENSE OF ZERO DUE TO THE DIFFICULTY OF APPORTIONING THE INSIGNIFICANT COSTS ASSOCIATED WITH SUCH E-MAILINGS. BAYLOR PAID MEMBERSHIP DUES TO THE INDEPENDENT COLLEGES AND UNIVERSITIES OF TEXAS, THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES, AND THE AD HOC TAX COMMITTEE IN THE AMOUNT OF $161,601 DURING THE FISCAL YEAR. THESE DUES WERE PAID TO ORGANIZATIONS WHICH MAY HAVE ENGAGED IN SOME LOBBYING ACTIVITIES. HOWEVER, NO DUES WERE SPECIFICALLY ALLOCATED TO LOBBYING COSTS ON THE INVOICES RECEIVED. THE TOTAL AMOUNT SPENT BY BAYLOR ON LOBBYING ACTIVITIES REPRESENTED AN INSIGNIFICANT PORTION OF THE UNIVERSITY'S TOTAL EXPENDITURES. 0 1 0 0 0 61063 0 1018490 29010 10717109 X X X false false true 1003929142 27776340 -15811124 19654867 32078447 964161044 871965931 25656080 156640646 18555686 31777829 1003929142 880255464 21228117 19129386 17614644 31032392 871965931 1068934692 22341159 -162839004 16707157 31474226 880255464 0.17000 0.62000 0.21000 true true true 2736910 70803088 73539998 689638274 233553105 456085169 1174880 521910 652970 76999260 56643874 20355386 183158046 62606263 120551783 671185306 0 522679 F BAYLOR UNIVERSITY FUND 864585661 F BAPTIST FOUNDATION OF TEXAS MANAGED FUNDS 115367855 F ASSETS HELD BY OTHERS 41107011 F OTHER 352107 F 1021935313 0 ACCRUED POSTRETIREMENT BENEFITS 52849392 ANNUITIES PAYABLE 5676430 CONDITIONAL ASSET RETIREMENT OBLIGATION 4086856 FEDERAL LOAN FUNDS REFUNDABLE 7616179 INTEREST RATE SWAP LIABILITY 8442865 78671722 749081822 661974577 87107245 -81867972 -7029656 -88897628 -1790383 0 0 0 0 0 0 0 0 0 0 0 0 Collections of art - description of collections Schedule D, Part III, Line 4 BAYLOR UNIVERSITY CURRENTLY HOLDS COLLECTIONS OF ART, BOOKS, AND OTHER MEMORABILIA FOR EDUCATIONAL PURPOSES, INCLUDING PUBLIC EXHIBITION AND SCHOLARLY RESEARCH. Explanation of escrow agreement Schedule D, Part IV, Line 2b THE AMOUNT REPRESENTS THE UNIVERSITY ACTING IN AN AGENCY CAPACITY FOR VARIOUS STUDENT AND PROFESSIONAL ORGANIZATIONS AS WELL AS OUTSIDE SCHOLARSHIPS. Intended uses of endowment funds Schedule D, Part V, Line 4 THE PRIMARY OBJECTIVE OF THE ENDOWMENT PORTFOLIO IS TO PRESERVE AND ENHANCE THE REAL PURCHASING POWER OF THE PORTFOLIO ASSETS TO HELP MAINTAIN INTERGENERATIONAL EQUITY OF THE CORPUS. THIS WILL OCCUR WHILE ALSO PROVIDING REASONABLE ANNUAL SUPPORT TO BAYLOR UNIVERSITY. FIN 48 (ASC 740) footnote Schedule D, Part X, Line 2 TAX STATUS & ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES THE UNIVERSITY IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION, AND CONTRIBUTIONS TO IT QUALIFY FOR DEDUCTION AS CHARITABLE CONTRIBUTIONS. THE UNIVERSITY FILES UNRELATED BUSINESS INCOME TAX AND OTHER INFORMATION RETURNS AS REQUIRED BY GOVERNMENT AUTHORITIES. TAX POSITIONS TAKEN RELATED TO THE UNIVERSITY'S TAX EXEMPT STATUS, UNRELATED BUSINESS ACTIVITIES TAXABLE INCOME AND DEDUCTIBILITY OF EXPENSES AND OTHER MISCELLANEOUS TAX POSITIONS HAVE BEEN REVIEWED, AND MANAGEMENT IS OF THE OPINION THAT MATERIAL POSITIONS TAKEN BY THE UNIVERSITY WOULD MORE LIKELY THAN NOT BE SUSTAINED BY EXAMINATION. ACCORDINGLY, THE UNIVERSITY HAS NOT RECORDED AN INCOME TAX LIABILITY FOR UNCERTAIN TAX BENEFITS. AS OF MAY 31, 2012, THE UNIVERSITY'S TAX YEARS 2006 TO 2012 REMAIN SUBJECT TO EXAMINATION. Other changes in net assets Schedule D, Part XI, Line 8 LOSS ON INTEREST RATE SWAP - -7374991; PRESENT VALUE ADJUSTMENT TO ANNUITIES PAYABLE - -3024593; CHANGE IN POSTRETIREMENT BENEFITS - 4324596; LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT - -1648550; OTHER - 693882; RECONCILIATION PART XIV THE AUDITED FINANCIAL STATEMENTS OF BAYLOR UNIVERSITY INCLUDE THE ACCOUNTS OF THE UNIVERSITY, BRAZOS VALLEY PUBLIC BROADCASTING FOUNDATION (KWBU), AND CENTRAL TEXAS TECHNOLOGY AND RESEARCH PARK (CTTRP), WHICH ARE LEGALLY SEPARATE ENTITIES. FOR PURPOSES OF REPORTING ON THE FORM 990, THE UNIVERSITY BREAKS OUT KWBU'S AND CTTRP'S ACCOUNTS SO THAT THE NUMBERS HEREIN REFLECT SOLELY THOSE OF THE UNIVERSITY. BECAUSE THE OTHER ENTITIES' ACCOUNTS ARE INCLUDED IN THE AUDITED FINANCIAL STATEMENTS, BUT ARE NOT INCLUDED IN THE FORM 990, THE ENDING CHANGE IN NET ASSETS OF THE FORM 990 WILL NOT MATCH THE ENDING CHANGE IN NET ASSETS OF BAYLOR UNIVERSITY'S AUDITED FINANCIAL STATEMENTS. THE RECONCILIATION IN SCHEDULE D, PART XI, INCLUDES ADJUSTMENTS THAT PROVIDE FOR THE EFFECT OF KWBU AND CTTRP SO AS TO RECONCILE THE FORM 990 NUMBERS TO THE AUDITED FINANCIAL STATEMENTS PER THE FORM 990 INSTRUCTIONS. true true true true true true true false false false false false false false false true false true Financial aid or assistance from a governmental agency Schedule E, Line 6a THE UNIVERSITY IS A PARTICIPANT IN THE STUDENT FINANCIAL AID PROGRAMS SUCH AS THE FEDERAL PERKINS LOAN, FEDERAL PELL GRANT, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, FEDERAL GEAR UP, FEDERAL WORK STUDY, TEXAS EQUALIZATION GRANT, AND RECEIVES FEDERAL AND STATE FUNDING FOR RESEARCH GRANTS AND CONTRACTS. CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAMS/STUDENT GROUP TRIPS 154886 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES MISSION TRIPS 30949 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES SITE VISITS 5699 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES MISCELLANEOUS TRAVEL - CONFERENCES, MEETINGS, PRESENTATIONS, RESEARCH, TRAINING, ETC. 1475 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES MEETINGS TO DISCUSS FACULTY EXCHANGE AND FUTURE STUDY ABROAD PROGRAMS 1213 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAMS/STUDENT GROUP TRIPS 453660 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES MISSION TRIPS 48194 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES EXCHANGE/AFFILIATION PROGRAMS 813 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES SITE VISITS 7014 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES MISCELLANEOUS TRAVEL - CONFERENCES, MEETINGS, PRESENTATIONS, RESEARCH, TRAINING, ETC. 61972 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDENT INTERNSHIPS 10373 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES MENTOR TO FOREIGN UNIVERSITY 6957 EAST ASIA AND THE PACIFIC 0 1 PROGRAM SERVICES RECRUITING 57471 EUROPE (INCLUDING ICELAND AND GREENLAND) 2 10 PROGRAM SERVICES STUDY ABROAD PROGRAMS/STUDENT GROUP TRIPS 2938007 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 PROGRAM SERVICES MISSION TRIPS 9251 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 PROGRAM SERVICES EXCHANGE/AFFILIATION PROGRAMS 461823 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 PROGRAM SERVICES SITE VISITS 10088 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 PROGRAM SERVICES MISCELLANEOUS TRAVEL - CONFERENCES, MEETINGS, PRESENTATIONS, RESEARCH, TRAINING, ETC. 96733 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 PROGRAM SERVICES PLANNING FOR INTERNATIONAL COLLEGIATE PROGRAM CONTEST 0 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 PROGRAM SERVICES VISITING FACULTY TEACHER AT FOREIGN UNIVERSITY 2481 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 PROGRAM SERVICES STUDENT INTERNSHIPS 0 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES EXCHANGE/AFILIATION PROGRAMS 35222 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES EVALUATE FUTURE EXCHANGE PROGRAMS 2873 NORTH AMERICA (CANADA & MEXICO ONLY) 0 0 PROGRAM SERVICES MISCELLANEOUS TRAVEL - CONFERENCES, MEETINGS, PRESENTATIONS, RESEARCH, TRAINING, ETC. 1626 NORTH AMERICA (CANADA & MEXICO ONLY) 0 0 PROGRAM SERVICES STUDENT INTERNSHIPS 0 NORTH AMERICA (CANADA & MEXICO ONLY) 0 0 PROGRAM SERVICES RECRUITING 4090 RUSSIA AND THE NEWLY INDEPENDENT STATES 0 0 PROGRAM SERVICES EXCHANGE/AFFILIATION PROGRAMS 2000 RUSSIA AND THE NEWLY INDEPENDENT STATES 0 0 PROGRAM SERVICES PLANNING FOR INTERNATIONAL COLLEGIATE PROGRAMMING CONTEST 0 SOUTH AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAMS/STUDENT GROUP TRIPS 164859 SOUTH AMERICA 0 0 PROGRAM SERVICES MISSION TRIPS 18697 SOUTH AMERICA 0 0 PROGRAM SERVICES EXCHANGE/AFFILIATION PROGRAMS 4200 SOUTH AMERICA 0 0 PROGRAM SERVICES SITE VISITS 4624 SOUTH AMERICA 0 0 PROGRAM SERVICES MISCELLANEOUS TRAVEL - CONFERENCES, MEETINGS, PRESENTATIONS, RESEARCH, TRAINING, ETC. 4204 SOUTH AMERICA 0 0 PROGRAM SERVICES STUDENT INTERNSHIPS 0 SOUTH ASIA 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAMS/STUDENT GROUP TRIPS 158629 SUB SAHARAN AFRICA 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAMS/STUDENT GROUP TRIPS 37908 SUB SAHARAN AFRICA 0 0 PROGRAM SERVICES MISSION TRIPS 570982 SUB SAHARAN AFRICA 0 0 PROGRAM SERVICES EXCHANGE/AFFILIATION PROGRAMS 0 SUB SAHARAN AFRICA 0 0 PROGRAM SERVICES MISCELLANEOUS TRAVEL - CONFERENCES, MEETINGS, PRESENTATIONS, RESEARCH, TRAINING, ETC. 39932 SUB SAHARAN AFRICA 0 0 PROGRAM SERVICES STUDENT INTERNSHIPS 0 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES EDUCATIONAL WORK AT FOREIGN UNIVERSITY 23544 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES ATHLETIC TEAM TRAVEL 38798 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES STUDENT INTERNSHIPS 0 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 281652947 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 PROGRAM SERVICES VISIT VARIOUS LIBRARIES, BOOK DEALERS TO EVALUATE ACQUISITIONS FOR UNIVERSITY LIBRARY 6373 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 PROGRAM SERVICES RECRUITING 18985 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES MISCELLANEOUS TRAVEL - CONFERENCES, MEETINGS, PRESENTATIONS, RESEARCH, TRAINING, ETC. 7460 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES STUDENT INTERNSHIPS 0 NORTH AMERICA (CANADA & MEXICO ONLY) 0 0 PROGRAM SERVICES FACULTY EXCHANGE 0 SOUTH AMERICA 0 0 PROGRAM SERVICES EDUCATIONAL COMPETITION 20839 SOUTH AMERICA 0 0 PROGRAM SERVICES RECRUITING 1335 SOUTH ASIA 0 0 PROGRAM SERVICES MISCELLANEOUS TRAVEL - CONFERENCES, MEETINGS, PRESENTATIONS, RESEARCH, TRAINING, ETC. 1700 SOUTH ASIA 0 0 PROGRAM SERVICES FACULTY DEVELOPMENT 9000 SOUTH ASIA 0 0 PROGRAM SERVICES EXPLORATION TRIP FOR FUTURE MISSION TRIPS 0 2 11 287189886 true false true true true false DESCRIPTION OF METHOD USED TO ACCOUNT FOR EXPENDITURES ON FINANCIAL STATEMENTS SCHEDULE F, PART I, LINE 3(F) THE UNIVERSITY RECORDS EXPENSES BASED UPON THE ACCRUAL BASIS OF ACCOUNTING IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES SET FORTH BY THE FINANCIAL ACCOUNTING STANDARDS BOARD IN FINANCIAL REPORTING. X X X X X X X true RUFFALOCODY 65 KIRKWOOD N RD SW PO BOX 3018 CEDAR RAPIDS IA 524063018 ON CAMPUS PHONATHON MANAGEMENT false 424416 211840 212576 BENTZ WHALEY FLESSNER & ASSOCIATES INC 7251 OHMS LANE MINNEAPOLIS MN 55439 DONOR CAST, PROSPECT DEVELOPMENT, AND SCHOLARSHIP CAMPAIGN SERVICES false 0 106021 106021 MY EVENT CENTRAL 4715 N MEADOW RIDGE CIRCLE MCKINNEY TX 75070 EVENT MANAGEMENT false 59760 6000 53760 484176 323861 372357 AL AR CA CT FL GA IL KS KY LA ME MS NJ NM NY NC ND PA RI TN UT VA WV WI GALA 603671 511297 92374 0 0 0 52303 5000 37996 GOLF TOURNAMENT 48600 16534 32066 0 6837 15530 232 0 7861 6 180735 97509 83226 1000 35194 33395 11705 0 14048 833006 625340 207666 1000 42031 48925 64240 5000 59905 221101 -13435 Professional fundraising services vs expense payments or reimbursements. Schedule G, Part I, Line 2b BENTZ WHALEY FLESSNER & ASSOCIATES, INC.-THE AGREEMENT BETWEEN BENTZ WHALEY FLESSNER AND BAYLOR UNIVERSITY STATES THAT OUT-OF-POCKET EXPENSES INCURRED IN PERFORMING SERVICES WILL BE BILLED IN ADDITION TO THE PROFESSIONAL FEES AND WILL INCLUDE TRAVEL COSTS, LONG-DISTANCE TELEPHONE CHARGES, ADMINISTRATIVE SUPPORT, PHOTOCOPYING, POSTAGE, ETC. EACH INVOICE RECEIVED BY BAYLOR UNIVERSITY BREAKS OUT THESE INCURRED OUT-OF-POCKET EXPENSES FROM THE PROFESSIONAL FEES, AND IT WAS FROM SUCH INVOICES THAT BAYLOR UNIVERSITY PULLED THE NUMBERS REPORTED HEREIN. THE TOTAL OF SUCH OUT-OF-POCKET FEES PULLED FROM SUCH INVOICES WAS $7,455.; FUNDRAISING EXPENSES SCHEDULE G, PART I, LINE 2B(V) BAYLOR DID NOT ENTER INTO ANY ARRANGEMENTS IN WHICH PAYMENTS WERE MADE EXCLUSIVELY FOR FUNDRAISING EXPENSES BUT NOT FOR PROFESSIONAL SERVICES. true COMMUNITIES IN SCHOOLS OF THE HEART OF TEXAS 425 AUSTIN AVE SUITE 1500 WACO TX 76701 742563411 501(C)(3) 107216 SUBCONTRACT - RESEARCH TEXAS STATE TECHNICAL COLLEGE 3801 CAMPUS DRIVE WACO TX 76705 741646989 STATE OF TEXAS 201242 SUBCONTRACT - RESEARCH FAMILY HEALTH INTERNATIONAL PO BOX 13950 RESEARCH TRIANGLE PARK NC 27709 237413005 501(C)(3) 19871 SUBCONTRACT - RESEARCH UNIVERSITY OF TEXAS-SOUTHWESTERN MEDICAL CENTER 5323 HARRY HINES BLVD DALLAS TX 753909020 756002868 STATE OF TEXAS 76625 SUBCONTRACT - RESEARCH UNIVERSITY OF MAINE 5717 CORBETT HALL ORONO ME 044695717 016000769 STATE OF MAINE 17443 SUBCONTRACT - RESEARCH THE TEXAS A&M HEALTH SCIENCE CENTER FOUNDATION 400 HARVEY MITCHELL PARKWAY SOUTH SUITE 300 COLLEGE STATION TX 77845 311702109 501(C)(3) 17424 SUBCONTRACT - RESEARCH BRAZOS VALLEY PUBLIC BROADCASTING FOUNDATION ONE BEAR PLACE 97296 WACO TX 767987296 742674611 501(C)(3) 230254 ASSIST WITH PROGRAMMING & PRODUCTION COSTS WACO CHAMBER OF COMMERCE PO BOX 1220 WACO TX 76703 740967440 501(C)(6) 39050 ECONOMIC AND COMMERCIAL DEVELOPMENT WACO FOUNDATION 900 AUSTIN AVENUE SUITE 1000 WACO TX 767011949 746054628 501(C)(3) 24000 SUPPORT OF THE GREATER WACO COMMUNITY EDUCATION ALLIANCE AND SPONSORSHIP OF ANNUAL EDUCATION SUMMIT FOR THE PURPOSE OF INFORMING, INSPIRING AND ENGAGING THE GREATER WACO COMMUNITY, INDIVIDUAL CITIZENS AND ORGANIZATIONS IN ALIGNINIG AREA RESOURCES THAT SUPPORT EXCELLENCE IN EDUCATION TO ENSURE STUDENTS SUCCEED. ALSO, CONTRIBUTIONT IN SUPPORT OF CITY OF WACO PROJECT FOR THE DORIS MILLER STATUTE FUND. FUZZY FRIENDS RESCUE PO BOX 2028 WACO TX 76702 752699210 501(C)(3) 6000 EDUCATE COMMUNITY AND SUPPORT MISSION OF FUZZY FRIENDS RESCUE WACO CULTURAL ARTS FEST 801 WASHINGTON AVENUE SUITE 405 WACO TX 767011260 050616886 501(C)(3) 7000 SPONSORSHIP OF THE WACO CULTURAL ARTS FEST. ALSO, CONTRIBUTIONT IN SUPPORT OF CITY OF WACO PROJECT FOR THE DORIS MILLER STATUTE FUND. 10 1 SUBCONTRACT - RESEARCH 2 283864 SCHOLARSHIPS AND FELLOWSHIPS 13259 189086001 1133190 FAIR MARKET VALUE BOOKS AND ON-CAMPUS ROOM AND BOARD RESEARCH GRANTS 58 287482 STUDENT AWARDS 206 109739 TRAVEL GRANTS 358 217346 Procedures for monitoring use of grant funds Schedule I, Part I, Line 2 GRANTS AND OTHER ASSISTANCE TO INDIVIDUALS IN THE UNITED STATES: SCHOLARSHIPS AND FELLOWSHIPS THAT ARE AWARDED TO STUDENTS ARE PAID THROUGH THE STUDENTS' ACCOUNTS AND/OR A PAYMENT THROUGH THE PAYROLL OFFICE AND ARE ADMINISTERED BASED UPON MERIT AND/OR NEED. BAYLOR'S FINANCIAL AID OFFICE REVIEWS THE STUDENTS' CUMULATIVE GRADE POINT AVERAGES EVERY YEAR AND AWARDS/REVIEWS ACADEMIC SCHOLARSHIPS AND FELLOWSHIPS IF THE REQUIRED GRADE POINT AVERAGE LEVEL IS SATISFIED. SCHOLARSHIPS FOR FINANCIAL NEED ARE AWARDED ANNUALLY BASED UPON WHETHER THE NEED CRITERION/LEVEL IS ESTABLISHED OR MAINTAINED PER THE COMPLETED APPLICATION FOR FEDERAL STUDENT AID. THE SCHOLARSHIP AWARDS CANNOT EXCEED THE COST OF A STUDENT TO ATTEND THE UNIVERSITY. TRAVEL GRANTS - TRAVEL GRANTS ARE AWARDED TO STUDENTS TO OFFSET TRAVEL EXPENSES USED FOR EDUCATIONAL PURPOSES SUCH AS ATTENDING A CONFERENCE, PRESENTING A PAPER, ETC. THE AWARDING OF TRAVEL GRANTS IS BASED UPON AN APPLICATION PROCESS AND MEETING A SET OF CRITERIA THAT ESTABLISH THE BENEFITS TO THE STUDENTS' EDUCATIONAL ENDEAVORS. RESEARCH GRANTS - THE OFFICE OF THE VICE PROVOST FOR RESEARCH (OVPR) PUBLISHES GUIDELINES FOR EACH OF THE INTERNAL GRANT PROGRAMS THAT PROVIDE THE GENERAL CONDITIONS OF THE AWARD, AS WELL AS GUIDANCE ON THE EXPENSES THAT MAY BE CHARGED TO THE AWARD. EACH GRANT IS SET UP AS A SEPARATE PROJECT IN THE UNIVERSITY'S FINANCIAL SYSTEM BASED ON THE AWARD AMOUNT AND BUDGET CATEGORIES APPROVED BY THE OVPR AND ADMINISTERED THROUGH THE OFFICE OF SPONSORED PROGRAMS. THE FINANCIAL SYSTEM PROVIDES REAL TIME ACCESS TO A BUDGET SUMMARY REPORT FOR THE PROJECT THAT PROVIDES A COMPARISON OF BUDGETED EXPENDITURES TO CUMULATIVE ACTUAL EXPENDITURES BY EXPENDITURE CATEGORY. THIS REPORT CAN BE ACCESSED BY THE PROJECT MANAGER AND OTHERS WITH ADMINISTRATIVE AND FINANCIAL OVERSIGHT RESPONSIBILITIES. EXPENDITURE TRANSACTIONS UNDER INTERNAL GRANT PROGRAMS ARE SUBJECT TO INTERNAL CONTROLS FOR APPROVAL AND PROCESSING SIMILAR TO OTHER UNIVERSITY EXPENDITURE TRANSACTIONS. THE SYSTEM DOES NOT ALLOW EXPENDITURES TO BE PROCESSED IN EXCESS OF OR OUTSIDE OF THE APPROVED BUDGET CATEGORIES. GRANTS AND OTHER ASSISTANCE TO GOVERNMENTS AND ORGANIZATIONS IN THE UNITED STATES: THE UNIVERSITY ENTERS INTO A CONTRACT WITH THE GRANT RECIPIENT THAT DESCRIBES THE RECIPIENT'S RESPONSIBILITIES FOR THE USE OF THE GRANT FUNDS. UNDER THE TERMS OF THE CONTRACT, RECIPIENTS ARE REQUIRED TO SUBMIT QUARTERLY AND FINAL WRITTEN PROGRESS REPORTS TO THE PRINCIPAL INVESTIGATOR ("PI") OR PROJECT DIRECTOR FOR THE GRANT, AND FUNDS ARE PAID TO THE RECIPIENT ON A COST REIMBURSABLE BASIS. WHEN THE GRANT RECIPIENT SUBMITS AN INVOICE FOR REIMBURSEMENT, THE PI REVIEWS THE INVOICE TO ENSURE THE EXPENDITURES ARE CONSISTENT WITH THE ESTABLISHED BUDGET AND WITH THE WORK COMPLETED TO DATE, PRIOR TO APPROVING THE AMOUNT FOR PAYMENT. GRANT RECIPIENTS SUBJECT TO THE U.S. OFFICE OF MANAGEMENT AND BUDGET CIRCULAR A-133 AUDITS OF STATES, LOCAL GOVERNMENTS, AND NON-PROFIT ORGANIZATIONS ARE ALSO REQUIRED TO PROVIDE CERTIFICATION OF THEIR COMPLIANCE WITH THE FINANCIAL AUDIT REQUIREMENTS OF THOSE GUIDELINES PRIOR TO RECEIVING FUNDS. THEREAFTER, THE UNIVERSITY REQUIRES AN ANNUAL CERTIFICATION OF CONTINUING COMPLIANCE AND A COPY OF THEIR MOST RECENT AUDIT REPORT. IF ANY OF THE ABOVE PROCESSES INDICATE AN AREA OF CONCERN, SITE VISITS MAY BE CONDUCTED BY THE UNIVERSITY TO REVIEW THE PROGRAMMATIC AND/OR FINANCIAL RECORDS. CHARITABLE ORGANIZATIONS THAT RECEIVE CONTRIBUTIONS FROM THE UNIVERSITY ARE CAREFULLY SELECTED AND MUST BE APPROVED THROUGH THE CHIEF OF STAFF TO THE PRESIDENT. THE CONTRIBUTION MUST SUPPORT THE UNIVERSITY'S INTEREST AND BE CONSISTENT WITH THE UNIVERSITY'S CORE VALUES. Purpose of grant or assistance Schedule I, Part II, Column H WACO FOUNDATION, 74-6054628: SUPPORT OF THE GREATER WACO COMMUNITY EDUCATION ALLIANCE AND SPONSORSHIP OF ANNUAL EDUCATION SUMMIT FOR THE PURPOSE OF INFORMING, INSPIRING AND ENGAGING THE GREATER WACO COMMUNITY, INDIVIDUAL CITIZENS AND ORGANIZATIONS IN ALIGNINIG AREA RESOURCES THAT SUPPORT EXCELLENCE IN EDUCATION TO ENSURE STUDENTS SUCCEED. ALSO, CONTRIBUTIONT IN SUPPORT OF CITY OF WACO PROJECT FOR THE DORIS MILLER STATUTE FUND. WACO CULTURAL ARTS FEST, 05-0616886: SPONSORSHIP OF THE WACO CULTURAL ARTS FEST. ALSO, CONTRIBUTIONT IN SUPPORT OF CITY OF WACO PROJECT FOR THE DORIS MILLER STATUTE FUND. X X X X X X false true X X X X X false true false false false false false true true true TRUELL HYDE 204450 0 0 0 0 0 22372 0 6820 0 233642 0 0 0 KARLA LEEPER 173847 0 0 0 346 0 19235 0 11776 0 205204 0 0 0 JUAN ALEJANDRO 155648 0 0 0 258 0 17147 0 36718 0 209771 0 0 0 TOMMYE LOU DAVIS 185942 0 0 0 1530 0 20655 0 12839 0 220966 0 0 0 NORMAN LOFGREN 170677 0 0 0 0 0 19411 0 16403 0 206491 0 0 0 STEPHEN SMITH 322639 0 10000 0 19618 0 26460 0 20360 0 399077 0 0 0 SCOTT DREW 2044773 0 26000 0 20933 0 26460 0 14954 0 2133120 0 0 0 KIM MULKEY 1085380 0 182000 0 20088 0 26460 0 11041 0 1324969 0 0 0 ARTHUR BRILES 2160641 0 200000 0 24701 0 26460 0 14558 0 2426360 0 0 0 IAN MCCAW 371439 0 63750 0 8346 0 26460 0 15117 0 485112 0 0 0 LEE NORDT 221235 0 0 0 0 0 24458 0 26618 0 272311 0 0 0 BOB C SPENCE 200664 0 0 0 780 0 22434 0 14483 0 238361 0 0 0 PATTIE ORR 235710 0 0 0 522 0 26292 0 15394 0 277918 0 0 0 REAGAN RAMSOWER 287028 0 0 0 838 0 26460 0 12312 0 326638 0 0 0 JOHN BARRY 214262 0 0 0 3967 0 24096 0 50111 0 292436 0 0 0 KEVIN JACKSON 198319 0 0 0 6912 0 22822 0 16300 0 244353 0 0 0 CHARLES BECKENHAUER 246914 0 0 0 792 0 26460 0 12310 0 286476 0 0 0 ELIZABETH DAVIS 310793 0 0 0 342 0 26460 0 1281 0 338876 0 0 0 DAVID GARLAND 113494 0 0 0 0 0 19655 0 30838 0 163987 0 0 0 KATHY WILLS WRIGHT 253125 0 0 0 307 0 26460 0 1230 0 281122 0 0 0 JERRY HAAG 178545 0 0 0 4968 0 21236 0 13665 0 218414 0 0 0 ROY BRIAN WEBB 243273 0 150000 0 0 0 26460 0 20273 0 440006 0 0 0 KENNETH STARR 577531 0 0 0 8277 0 91460 0 29158 0 706426 0 0 0 PHIL BENNETT 389336 0 44000 0 9244 0 26460 0 14954 0 483994 0 0 0 First-class or charter travel Schedule J, Part I, Line 1a FIRST-CLASS OR CHARTER TRAVEL - A FEW BAYLOR REGENTS AND/OR OFFICERS OCCASIONALLY TRAVELED ON A CHARTER FLIGHT PROVIDED FOR ATHLETIC DEPARTMENT TEAM TRAVEL TO ENGAGE IN DONOR DEVELOPMENT EFFORTS AND EVENT OVERSIGHT ON BEHALF OF THE UNIVERSITY. ADDITIONALLY, THE BAYLOR PLANE, OR A CHARTER FLIGHT, WAS USED TO TRANSPORT REGENTS TO A REGENT ORIENTATION MEETING AND/OR TO PERFORM A UNIVERSITY BUSINESS FUNCTION. OFFICERS OF THE UNIVERSITY AND OCCASIONALLY KEY EMPLOYEES USED THE BAYLOR PLANE OR CHARTER FLIGHT TO CONDUCT UNIVERSITY BUSINESS, SUCH AS ATTENDING MEETINGS/CONFERENCES, DONOR CULTIVATION EVENTS, OR FUNDRAISING EVENTS. CERTAIN HIGHLY COMPENSATED EMPLOYEES TRAVELED ON CHARTER FLIGHTS WITH THEIR RESPECTIVE ATHLETIC TEAMS TO ATTEND ATHLETIC EVENTS. OCCASIONALLY, THE BAYLOR PLANE WAS USED BY A HIGHLY COMPENSATED EMPLOYEE FOR STUDENT ATHLETIC RECRUITING PURPOSES, ATTENDING A MEDIA EVENT, ATTENDING A DONOR EVENT, OR ATTENDING A CONFERENCE/CLINIC. FLIGHTS WERE REVIEWED BY THE UNIVERSITY AND ANY PART OF A FLIGHT THAT WAS NOT BUSINESS RELATED WAS REPORTED AS TAXABLE COMPENSATION. Travel for companions Schedule J, Part I, Line 1a TRAVEL FOR COMPANIONS - OCCASIONALLY, A GUEST OR FAMILY MEMBER OF A LISTED PERSON WAS PROVIDED TRAVEL. THESE TRIPS WERE REVIEWED BY THE UNIVERSITY, AND THE VALUE OF SUCH TRAVEL WAS REPORTED AS TAXABLE COMPENSATION TO THE LISTED PERSON IF NO BONA FIDE BUSINESS PURPOSE EXISTED FOR THE COMPANION TRAVEL. Tax indemnification and gross-up payments Schedule J, Part I, Line 1a TAX INDEMNIFICATION AND GROSS-UP PAYMENTS - THE VICE PRESIDENT FOR MARKETING AND COMMUNICATIONS AND THE VICE PRESIDENT FOR STUDENT LIFE RECEIVED GROSS-UP PAYMENTS PER EMPLOYMENT CONTRACTUAL ARRANGEMENTS. THESE GROSS-UP PAYMENTS COVERED THE ADDITIONAL TAXES OWED ON THE SUPPLEMENTAL PAYMENTS FOR THEIR CHILDREN'S TUITION COSTS THAT DID NOT QUALIFY UNDER BAYLOR'S TUITION REMISSION POLICY. THE FULL AMOUNT WAS REPORTED AS TAXABLE INCOME INCLUDING THE TAX ON THE GROSS-UP PAYMENT. THE UNIVERSITY MAY OCCASIONALLY GROSS-UP OTHER PAYMENTS, BUT ALL SUCH PAYMENTS ARE INCLUDED IN THE TAXABLE INCOME OF THE APPLICABLE EMPLOYEE. Housing allowance or residence for personal use Schedule J, Part I, Line 1a HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE - THE FORMER INTERIM PRESIDENT RECEIVED A MINISTER'S HOUSING ALLOWANCE WHICH WAS ASSOCIATED WITH THE PROVISION OF SERVICES RELATED TO MINISTERIAL DUTIES AND THUS APPROPRIATELY NOT REPORTED AS TAXABLE COMPENSATION. BAYLOR PROVIDES THE PRESIDENT WITH A HOUSE AS A CONDITION OF EMPLOYMENT AND FOR THE COVENIENCE OF THE UNIVERSITY. THE PROVISION OF THE HOUSE IS NOT INCLUDED AS TAXABLE COMPENSATION. Health or social club dues or initiation fees Schedule J, Part I, Line 1a SOCIAL CLUB DUES OR INITIATION FEES - CERTAIN OFFICERS AND HIGHLY COMPENSATED EMPLOYEES WERE PROVIDED COUNTRY CLUB MEMBERSHIPS IN ONE OR TWO LOCAL CLUBS. ALL CLUB MEMBERSHIPS WERE REPORTED AS TAXABLE COMPENSATION. Personal services Schedule J, Part I, Line 1a PERSONAL SERVICES - BAYLOR PROVIDES HOUSEKEEPING SERVICES FOR THE UNIVERSITY-PROVIDED HOUSE FOR THE PRESIDENT. THE PORTION OF THE HOUSEKEEPING EXPENSES USED FOR PERSONAL PURPOSES WERE INCLUDED AS TAXABLE INCOME TO THE PRESIDENT. Written policy regarding payment or reimbursement of expenses Schedule J, Part I, Line 1b THE UNIVERSITY HAS A WRITTEN POLICY FOR THE FOLLOWING BENEFITS: FIRST-CLASS TRAVEL AND CHARTER TRAVEL, TRAVEL FOR COMPANIONS, AND CLUB MEMBERSHIPS. THE CHARTER TRAVEL POLICY ADDRESSES USAGE OF THE BAYLOR-OWNED PLANE. OTHER CHARTER TRAVEL USED BY THE ATHLETIC DEPARTMENT FOR TEAM TRAVEL IS BASED UPON THE NEED OF THE SPORT. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS REQUIRE BOARD OF REGENTS APPROVAL. THE PRESIDENT'S HOUSING IS PROVIDED AS A CONDITION OF EMPLOYMENT PER THE TERMS OF HIS CONTRACT, AND THE HOUSE IS PROVIDED FOR THE CONVENIENCE OF THE UNIVERSITY. HOUSEKEEPING SERVICES ARE HANDLED AS NOTED ABOVE. Supplemental nonqualified retirement plan Schedule J, Part I, Line 4b THE PRESIDENT PARTICIPATED IN A NONQUALIFIED DEFERRED COMPENSATION ARRANGEMENT UNDER INTERNAL REVENUE CODE SECTION 457(F). THE PRESIDENT RECEIVED AN ACCRUED BENEFIT OF $65,000 DURING 2011. THE ACCRUED DEFERRED COMPENSATION SHALL VEST ON THE EARLIER OF DEATH, PERMANENT DISABILITY, OR MAY 31, 2015 IF HE IS STILL EMPLOYED AT BAYLOR. Non-fixed payments Schedule J, Part I, Line 7 THE CHIEF INVESTMENT OFFICER RECEIVED A BONUS NOT TO EXCEED A MAXIMUM PERCENTAGE OF HIS BASE PAY, AND IT WAS BASED UPON THE PERFORMANCE OF BAYLOR'S LONG TERM INVESTMENT FUND AND THE OVERALL JOB PERFORMANCE. Payments on contract that is subject to the initial contract exception Schedule J, Part I, Line 8 FIXED PAYMENTS ASSOCIATED WITH THE CONTRACTS ENTERED INTO WITH THE VICE PRESIDEENT FOR STUDENT LIFE AND PRESIDENT ARE SUBJECT TO THE INITIAL CONTRACT EXCEPTION. KEVIN JACKSON AND KEN STARR WERE NOT DISQUALIFIED PERSONS IMMEDIATELY PRIOR TO ENTERING INTO THE INITIAL CONTRACTS. WACO EDUCATION FINANCE CORPORATION 020603383 929833AP6 2008-04-08 271184519 REFUNDING OF PRIOR ISSUES 05/23/2002 AND 05/17/2006. false false false CLIFTON HIGHER EDUCATION FINANCE CORPORATION 800349380 187154AV1 2011-04-14 110202345 REFUNDING/REFINANCING OF 2008B AND COMMERCIAL PAPER - 12/10/2008. false false false WACO EDUCATION FINANCE CORPORATION 020603383 929833AW1 2012-02-22 129496800 NEW CONSTRUCTION AND REAL ESTATE. false false false 87300000 0 271211761 0 0 0 1132138 72544 3665000 0 266342079 0 true false true true 0 0 110202348 0 0 0 1183277 0 0 0 109019071 0 true false true true 0 0 129532097 0 0 0 1070499 0 0 23869885 0 104591713 false false false true false false true true true true 0.0319 0.0000 0.0319 true false false true true true true 0.0439 0.0000 0.0439 true false false true true false true 0.0097 0.0000 0.0097 true false true true BARCLAYS BANK LLP 22.5 false false false 0.0 false false true false false false false false false false false true false false false 0.0 false 0.0 false true DETAILED EXPLANATIONS OF LINES 1-13, COLUMN A PART II LINE 1: THE AMOUNT OF THE BONDS RETIRED INCLUDES $79,550,000 OF THE SERIES 2008B BONDS (OF WHICH $5,675,000 REACHED MATURITY AND $73,875,000 WAS REFUNDED BY THE 2011 ISSUE) AND $7,750,000 OF THE SERIES 2008A BONDS THAT REACHED MATURITY. LINE 9: AMOUNT REPORTED IS SWAP TERMINATION FEES. LINE 11: AMOUNT USED TO REFUND CURRENT ISSUES. LINE 13: BAYLOR'S UNDERSTANDING IS THAT LINE 13 IS TO REPORT NEW MONEY PROJECTS, NOT AMOUNTS FOR A REFUNDING. DETAILED EXPLANATIONS OF LINES 1-13, COLUMN B PART II LINE 11: $35,000,000 OF THE 2011 PROCEEDS WERE USED TO REFINANCE A PORTION OF COMMERCIAL PAPER LOAN, WHICH ORIGINALLY FINANCED MULTIPLE CAPITAL PROJECTS FOR THE UNIVERSITY. REMAINING AMOUNT USED TO REFUND 2008B ISSUE. LINE 13: BAYLOR'S UNDERSTANDING IS THAT LINE 13 IS TO REPORT NEW MONEY PROJECTS, NOT AMOUNTS FOR A REFUNDING OR REFINANCING. DETAILED EXPLANATION REGARDING ISSUE PROCEEDS PART II, LINE 3 FOR THE FIRST TWO BONDS LISTED ON SCHEDULE, THE DIFFERENCE IN EACH BOND'S ISSUE PRICE AND THE CORRESPONDING TOTAL PROCEEDS IS THE TOTAL INVESTMENT EARNINGS AS OF THE FISCAL YEAR END. DETAILED EXPLANATION OF WACO EDUCATION FINANCE CORPORATION BOND PART I, COLUMN (E) IN THE ISSUANCE OF THE WACO EDUCATION FINANCE CORPORATION SERIES 2008 BONDS, ONLY $159,100,000 WAS VARIABLE, AND THE REMAINING $112,100,000 WAS FIXED. Procedures to take corrective action Schedule K, Part V BAYLOR HAS PROCEDURES THAT IT FOLLOWS FOR ITS TAX-EXEMPT BONDS TO ENSURE COMPLIANCE WITH APPLICABLE FEDERAL REGULATIONS AND TO IDENTIFY ANY POTENTIAL VIOLATIONS OF FEDERAL TAX REQUIREMENTS. BAYLOR'S PROCEDURES HAVE BEEN IN PLACE SINC THE ISSUANCE OF ITS BONDS. THESE PROCEDURES WERE DRAFTED IN WRITTEN FORM DURING THE TAX YEAR BUT WERE NOT COMPLETELY FINALIZED AS OF THE BEGINNING OF THE TAX YEAR. NOT REQUIRED NOT REQUIRED 21000 MERIT SCHOLARSHIPS NOT REQUIRED NOT REQUIRED 29370 NEED BASED SCHOLARSHIPS NOT REQUIRED NOT REQUIRED 14364 TUITION ASSISTANTSHIPS CHARLES DAVIS SPOUSE OF OFFICER ELIZABETH DAVIS 190871 EMPLOYMENT false MICHAEL BARRY SON OF OFFICER JOHN BARRY 10109 EMPLOYMENT false GREG HAMERLY SON-IN-LAW OF OFFICER PATTIE ORR 146577 EMPLOYMENT false IVY HAMERLY DAUGHTER OF OFFICER PATTIE ORR 52270 EMPLOYMENT false DIANA GARLAND SPOUSE OF FORMER INTERIM PRESIDENT DAVID GARLAND 155733 EMPLOYMENT false JANA HIXSON DAUGHTER OF REGENT MILTON HIXSON 59361 EMPLOYMENT false WASHINGTON PARTNERS LTD SON OF REGENT CLIFTON ROBINSON IS OFFICER 526656 PARTNERSHIP LEASES BUILDING SPACE TO BAYLOR UNIVERSITY false X 9 29007 APPRAISAL X 3 X 1 1 X 43 7526393 AVG OF HIGH & LOW MARKET VALUE ON DAY DONATED X 1 49985 SELLING COST X 2 12001 APPRAISAL X 1 2520 COST X 1 1 X FURNITURE/EQUIPMENT 4 4 X HORSES 8 159852 APPRAISAL X FUNDRAISING ITEMS 24 32703 COST X SHEET MUSIC 1 1 X SKELETON 1 1 X TICKETS 3 814 MARKET VALUE X MODEL AIRCRAFT 1 1 X GRAND PIANO 1 89900 APPRAISAL X PUNCH BOWL 1 1 X SCRAP IRON 1 468 COST 6 false true true COLUMN (B) NUMBER OF CONTRIBUTIONS SCHEDULE M, PART I BAYLOR REPORTED THE RECEIPT OF THESE NONCASH CONTRIBUTIONS BASED ON THE NUMBER OF CONTRIBUTIONS EXCEPT FOR WORKS OF ART AND HORSES. WORKS OF ART WERE BASED UPON A COMBINATION OF NUMBER OF CONTRIBUTIONS AND NUMBER OF ITEMS RECEIVED. HORSES WERE BASED UPON THE NUMBER OF HORSES CONTRIBUTED. Third parties used to solicit, process, or sell noncash contributions Schedule M, Part I, Line 32b FOR STOCK GIFTS, THIRD PARTY BROKERS ARE USED TO TRADE THE STOCK. SUCH ARRANGEMENTS ARE BASED ON VARYING CENTS-PER-SHARE AND REQUIRE BAYLOR APPROVAL BEFORE A TRADE CAN BE CONDUCTED. THE MAJORITY OF TRADES ARE EXECUTED BY A "MARKET ORDER." Explanation of revenues not reported Schedule M, Part I, Line 33 SOME ITEMS INCLUDED IN THE LIST ABOVE WERE VALUED AT $1.00. DONOR DID NOT PROVIDE THE UNIVERSITY WITH AN APPRAISAL, AND THE UNIVERSITY DID NOT HAVE OTHER KNOWLEDGE OF THE VALUATION OF THESE ITEMS. FOR THIS REASON, THE UNIVERSITY DID NOT SHOW REVENUE FOR THESE DONATIONS OTHER THAN $1.00, WHICH REPRESENTS RECEIPT OF THE ITEMS. Number of contributions or items contributed. Schedule M, part I, column (b), Line 1 Number of contributions or items contributed. Schedule M, part I, column (b), Line 4 Description of other program services Form 990, Part III, Line 4d OTHER EXPENSES CONTAINED HEREIN ARE COMPRISED OF THE FOLLOWING: RESEARCH, PUBLIC SERVICES, AND AUXILIARY ENTERPRISES. BAYLOR ENGAGES IN RESEARCH WORK SPONSORED BY NUMEROUS FEDERAL, STATE, AND LOCAL AGENCIES. ADDITIONALLY, BAYLOR PROVIDES NON-INSTRUCTIONAL SERVICES THAT BENEFIT INDIVIDUALS AND GROUPS EXTERNAL TO BAYLOR. AUXILIARY ENTERPRISES ARE COMPRISED GENERALLY OF THE FOLLOWING ITEMS: RESIDENCE HALLS, DINING SERVICES, BOOKSTORE, AND VENDING SERVICES. NUMBER REPORTED IN BOX 3 OF FORM 1096 FORM 990, PART V, LINE 1A INCLUDED IN THE NUMBER OF FORMS REPORTED IN BOX 3 OF FORM 1096 ARE 19,313 1098-T FORMS, 907 1098-E FORMS, 1,154 1099-MISC FORMS, 6 1099-K FORMS, 5 1099-R FORMS AND 1 1099-INT FORM. CONTRIBUTION OF VEHICLE FORM 990, PART V, LINE 7H BAYLOR RECEIVED A PEOPLE MOVER CART WHICH IS TO BE USED BY THE UNIVERSITY. NO FORM 1098-C WAS FILED BECAUSE NO CLAIMED VALUE OF OVER $500 WAS MADE BY THE DONOR. Significant changes to organizational documents Form 990, Part VI, Section A, Line 4 BAYLOR'S BYLAWS WERE AMENDED IN 2012. THE BYLAWS PROVIDE THAT THE BOARD SHALL HAVE BETWEEN 16 AND 44 MEMBERS. WHILE THE TERM OF OFFICE FOR BOARD MEMBERS REMAINS THREE YEARS, BOARD MEMBERS MAY SERVE A MAXIMUM OF THREE TERMS BEFORE ROTATING OFF OF THE BOARD FOR A MINIMUM OF ONE YEAR, AND MAY THEREAFTER BE RE-ELECTED TO THE BOARD. AN EXECUTIVE COMMITTEE OF THE BOARD MAY BE CREATED. THE BYLAWS PERMIT THE BAPTIST GENERAL CONVENTION OF TEXAS TO ELECT UP TO 25% OF BAYLOR UNIVERSITY'S BOARD OF REGENTS. Members or stockholders electing members of governing body Form 990, Part VI, Section A, Line 7a THE BAPTIST GENERAL CONVENTION OF TEXAS, A NONPROFIT TEXAS CORPORATION, HAS THE AUTHORITY TO ELECT UP TO 25% OF THE MEMBERS OF BAYLOR UNIVERSITY'S BOARD OF REGENTS. Decisions requiring approval by members or stockholders Form 990, Part VI, Section A, Line 7b BAYLOR UNIVERSITY'S BOARD OF REGENTS MAY BE REQUIRED TO OBTAIN APPROVAL FROM THE BAPTIST GENERAL CONVENTION OF TEXAS REGARDING CERTAIN CHANGES TO ITS GOVERNING DOCUMENTS WHICH ADDRESS BOARD COMPOSITION. Monitoring compliance of local unit's activities Form 990, Part VI, Section B, Line 10b THE THREE DISREGARDED ENTITIES ARE GRANTOR TYPE TRUSTS, ONE OF THE TRUST'S SOLE PURPOSE IS TO ACQUIRE PROPERTIES FOR THE UNIVERSITY, AND THE OTHER TWO TRUSTS PROVIDE SCHOLARSHIPS TO STUDENTS OF THE UNIVERSITY. BECAUSE OF THE LIMITED ROLE OF THESE ENTITIES, BAYLOR DID NOT DEVELOP ANY WRITTEN POLICIES AND PROCEDURES GOVERNING THE ACTIVITIES OF THESE ENTITIES. Review of form 990 by governing body Form 990, Part VI, Section B, Line 11b THE RETURN WAS REVIEWED BY THE UNIVERSITY'S OUTSIDE TAX ACCOUNTANTS. ADDITIONALLY, A COPY OF THE FORM 990 WAS DISTRIBUTED TO ALL REGENTS AND A REVIEW OF THE FORM 990 WAS PERFORMED BY THE REGENT AUDIT AND COMPLIANCE COMMITTEE. THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION, THE ASSOCIATE VICE PRESIDENT FOR FINANCIAL SERVICES AND TREASURER, THE DIRECTOR OF TAX AND COMPLIANCE ACCOUNTING, AND THE DIRECTOR OF INTERNAL AUDIT REVIEWED, DISCUSSED, AND ANSWERED QUESTIONS REGARDING THE FORM 990 AND ATTACHED SCHEDULES WITH THE REGENT AUDIT AND COMPLIANCE COMMITTEE. THE REVIEW WAS CONDUCTED, AND A COPY OF THE RETURN AS FILED WAS PROVIDED TO ALL REGENTS PRIOR TO THE FILING OF THE FORM 990. PART VI, LINES 12-15 FORM 990, PART VI, LINE 12A BAYLOR UNIVERSITY'S POLICIES DETAILED IN LINES 12-15 DO NOT APPLY DIRECTLY TO ITS DISREGARDED ENTITIES. Conflict of interest policy Form 990, Part VI, Section B, Line 12c BAYLOR UNIVERSITY MAINTAINS THREE SEPARATE CONFLICT OF INTEREST POLICIES APPLICABLE TO THE FOLLOWING GROUPS: (1) REGENTS; (2) OFFICERS, ADMINISTRATIVE EMPLOYEES AND OTHER EMPLOYEES; AND (3) FACULTY. EACH GROUP IS REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM. REGENTS: THE DIRECTOR OF INTERNAL AUDIT AND MANAGEMENT ANALYSIS REVIEWS ALL COMPLETED REGENT CONFLICT DISCLOSURE FORMS AND CONSULTS WITH THE PRESIDENT, VICE PRESIDENT FOR FINANCE AND ADMINISTRATION, GENERAL COUNSEL, AND OTHER UNIVERSITY ADMINISTRATORS, IF NECESSARY. A FINAL REPORT IS PREPARED FOR REVIEW BY THE REGENT AUDIT AND COMPLIANCE COMMITTEE. A REGENT IS NOT ALLOWED TO BE INVOLVED IN DISCUSSIONS, NOR VOTE ON RELATED MATTERS, SHOULD A CONFLICT OF INTEREST EXIST. OFFICERS, ADMINISTRATIVE EMPLOYEES AND OTHER EMPLOYEES: THE DIRECTOR OF INTERNAL AUDIT AND MANAGEMENT ANALYSIS REVIEWS ALL COMPLETED CONFLICT DISCLOSURE FORMS AND CONSULTS WITH THE PRESIDENT, GENERAL COUNSEL, VICE PRESIDENT FOR FINANCE AND ADMINISTRATION, ASSOCIATE VICE PRESIDENT FOR HUMAN RESOURCES, AND OTHER UNIVERSITY ADMINISTRATORS, IF NECESSARY. A FINAL REPORT OF ALL POTENTIAL CONFLICTS WHICH INCLUDES THE DIRECTOR OF INTERNAL AUDIT AND MANAGEMENT ANALYSIS' OPINION AS TO WHETHER A CONFLICT OF INTEREST EXISTS IS PROVIDED TO THE PRESIDENT AND VICE PRESIDENT FOR FINANCE AND ADMINISTRATION. SHOULD THE DIRECTOR OF INTERNAL AUDIT AND MANAGEMENT ANALYSIS AND VICE PRESIDENT FOR FINANCE AND ADMINISTRATION DIFFER IN OPINION AS TO WHETHER A CONFLICT OF INTEREST EXISTS, THEN A FINAL DECISION IS MADE BY THE PRESIDENT. HOWEVER, FOR POTENTIAL CONFLICTS REPORTED BY THE PRESIDENT AND HIS DIRECT REPORTS, THE REGENT AUDIT AND COMPLIANCE COMMITTEE WILL REVIEW THOSE MATTERS AND MAKE THE FINAL DECISION. A FINAL REPORT OF ALL POTENTIAL CONFLICTS WHICH INCLUDES THE DIRECTOR OF INTERNAL AUDIT AND MANAGEMENT ANALYSIS' OPINION AS TO WHETHER A CONFLICT EXISTS IS PROVIDED TO THE REGENT AUDIT AND COMPLIANCE COMMITTEE. FACULTY: THE DIRECTOR OF INTERNAL AUDIT AND MANAGEMENT ANALYSIS AND THE EXECUTIVE VICE PRESIDENT AND PROVOST REVIEW ALL COMPLETED CONFLICT DISCLOSURE FORMS AND CONSULT WITH THE PRESIDENT, GENERAL COUNSEL, ASSOCIATE VICE PRESIDENT FOR HUMAN RESOURCES, AND OTHER UNIVERSITY ADMINISTRATORS , IF NECESSARY. SHOULD THE DIRECTOR OF INTERNAL AUDIT AND MANAGEMENT ANALYSIS AND THE EXECUTIVE VICE PRESIDENT AND PROVOST DIFFER IN OPINION AS TO WHETHER A CONFLICT OF INTEREST EXISTS, THEN A FINAL DECISION IS MADE BY THE PRESIDENT. A FINAL REPORT OF ALL POTENTIAL CONFLICTS WHICH INCLUDES THE DIRECTOR OF INTERNAL AUDIT AND MANAGEMENT ANALYSIS' OPINION AS TO WHETHER A CONFLICT EXISTS IS PROVIDED TO THE REGENT AUDIT AND COMPLIANCE COMMITTEE. FACULTY AND STAFF ARE RESTRICTED FROM PARTICIPATING IN THE DECISION-MAKING PROCESS FOR THOSE TRANSACTIONS THAT INVOLVE THE ACQUISITION OF GOODS OR SERVICES SHOULD A CONFLICT OF INTEREST EXIST. Process used to establish compensation of top management official Form 990, Part VI, Section B, Line 15a BAYLOR'S PROCEDURES AND PRACTICES IN SUPPORT OF THE BOARD OF REGENTS GUIDELINES FOR BOARD OPERATIONS ENSURE THAT COMPENSATION ARRANGEMENTS FOR THE PRESIDENT MUST BE APPROVED BY THE BOARD IN ORDER TO GO INTO EFFECT. A REGENT SUBCOMMITTEE CONDUCTS THE PRESIDENTIAL ASSESSMENT PROCESS AND OBTAINS AND REVIEWS APPROPRIATE COMPARABLE COMPENSATION DATA ANNUALLY AND AS NEEDED IN ORDER TO REVIEW AND APPROVE COMPENSATION ARRANGEMENTS. THE COMPARABILITY DATA COMES FROM A VARIETY OF SOURCES WHICH INCLUDES THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES SURVEYS, WESTERN MANAGEMENT GROUP SURVEYS, THE CHRONICLE FOR HIGHER EDUCATION, FORM 990S, AND OUTSIDE CONSULTANT SURVEYS THAT INCLUDE SALARIES AND/OR BENEFITS DATA. THE REGENT SUBCOMMITTEE REVIEWS THE REASONABLENESS OF COMPENSATION ARRANGEMENTS AGAINST THE COMPARABILITY DATA AS WELL AS THE PERFORMANCE OF THE PRESIDENT AND DOCUMENTS THE BASIS OF THEIR DETERMINATIONS AND ACTIONS CONCURRENT WITH MAKING THE DETERMINATION. THE DOCUMENTATION INCLUDES THE TERMS OF THE TRANSACTION, THE DATE OF APPROVAL, THE NAMES OF THE REGENT SUBCOMMITTEE MEMBERS PRESENT DURING THE REVIEW AND VOTE ON THE TRANSACTION, THE COMPARABILITY DATA RELIED UPON AND THE BASIS FOR THE DETERMINATION. THE REGENT SUBCOMMITTEE SUBSEQUENTLY PRESENTS ITS RECOMMENDATIONS TO THE FULL REGENT BOARD FOR APPROVAL, WHICH IS CONCURRENTLY DOCUMENTED AS WELL. THIS PROCESS WAS DONE IN 2011-2012. Process used to establish compensation of other officers/key employees Form 990, Part VI, Section B, Line 15b BAYLOR'S PROCEDURES AND PRACTICES ENSURE THAT COMPENSATION ARRANGEMENTS FOR OTHER OFFICERS AND KEY EMPLOYEES DEEMED TO BE DISQUALIFIED PERSONS AND/OR HIGHLY COMPENSATED MUST BE APPROVED BY THE BOARD OF REGENTS IN ORDER TO GO INTO EFFECT. A REGENT SUBCOMMITTEE OBTAINS AND REVIEWS APPROPRIATE COMPARABLE COMPENSATION DATA ANNUALLY, AND AS NEEDED IN ORDER TO REVIEW AND APPROVE COMPENSATION ARRANGEMENTS FOR OTHER OFFICERS AND KEY EMPLOYEES DEEMED TO BE DISQUALIFIED PERSONS AND/OR HIGHLY COMPENSATED. THIS INCLUDES THE REVIEW AND APPROVAL OF THE PRESIDENT'S SALARY RECOMMENDATIONS FOR EXECUTIVE COUNCIL MEMBERS. THE COMPARABILITY DATA COMES FROM A VARIETY OF SOURCES TO INCLUDE THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES SURVEYS, WESTERN MANAGEMENT GROUP SURVEYS, THE CHRONICLE FOR HIGHER EDUCATION, FORM 990S, WINTHROP AD SURVEYS, ATHLETICS ASSOCIATION SURVEYS AND OUTSIDE CONSULTANT SURVEYS THAT INCLUDE SALARIES AND/OR BENEFITS DATA. THE REGENT SUBCOMMITTEE REVIEWS THE REASONABLENESS OF COMPENSATION ARRANGEMENTS AGAINST THE COMPARABILITY DATA AND DOCUMENTS THE BASIS OF THEIR DETERMINATIONS AND ACTIONS CONCURRENT WITH MAKING THE DETERMINATION. THE DOCUMENTATION INCLUDES THE TERMS OF THE TRANSACTION, THE DATE OF APPROVAL, THE NAMES OF THE REGENT SUBCOMMITTEE MEMBERS PRESENT DURING THE REVIEW AND VOTE ON THE TRANSACTION, THE COMPARABILITY DATA RELIED UPON AND THE BASIS FOR THE DETERMINATION. THE REGENT SUBCOMMITTEE SUBSEQUENTLY PRESENTS ITS RECOMMENDATIONS TO THE FULL REGENT BOARD FOR APPROVAL, WHICH IS CONCURRENTLY DOCUMENTED AS WELL. THIS IS DONE ANNUALLY AND AS NEEDED. ALL OFFICERS AND KEY EMPLOYEES THAT ARE INCLUDED IN PART VII, SECTION A WERE REVIEWED UNDER THIS PROCESS IN 2011-2012. JOINT VENTURE POLICY OR PROCEDURE FORM 990, PART VI, LINE 16B BAYLOR HAS NOT FORMALLY ADOPTED A WRITTEN POLICY OR PROCEDURE REGARDING JOINT VENTURES. THERE WERE TWO JOINT VENTURE INVESTMENTS THAT TRIGGERED THE "YES" RESPONSE TO PART VI, LINE 16A. ONE WAS GIFTED TO BAYLOR BY A BENEFACTOR AND PRODUCES AN IMMATERIAL AMOUNT OF INCOME TO THE UNIVERSITY. THE SECOND VENTURE INVOLVES THE UNIVERSITY TAKING A VERY SMALL EQUITY INTEREST IN A START-UP COMPANY IN WHICH THE UNIVERSITY HAS THE PATENT RIGHTS AND LICENSED OUT THESE RIGHTS IN RETURN FOR A ROYALTY PAYMENT. IN GENERAL, BAYLOR WILL NOT ENTER INTO A JOINT VENTURE OR INVESTMENT AGREEMENT UNLESS (1) THE UNIVERSITY AT ALL TIMES RETAINS CONTROL OVER THE VENTURE SUFFICIENT TO ENSURE THAT THE PARTNERSHIP FURTHERS THE EXEMPT PURPOSE OF THE UNIVERSITY; (2) IN ANY PARTNERSHIP IN WHICH THE UNIVERSITY IS A PARTNER, ACHIEVEMENT OF EXEMPT PURPOSES IS PRIORITIZED OVER MAXIMIZATION OF PROFITS FOR THE PARTNERS; (3) THE PARTNERSHIP DOES NOT ENGAGE IN ANY ACTIVITIES THAT WOULD JEOPARDIZE THE UNIVERSITY'S EXEMPTION OR REPUTATION; AND (4) ALL CONTRACTS ENTERED INTO BY THE PARTNERSHIP WITH THE UNIVERSITY MUST BE AT ARM'S-LENGTH, WITH PRICES SET AT FAIR MARKET VALUE. Governing documents, conflict of interest policy and financial statements available to the public Form 990, Part VI, Section C, Line 19 BAYLOR'S FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICIES FOR FACULTY AND OFFICERS, ADMINISTRATIVE EMPLOYEES, AND OTHER EMPLOYEES ARE POSTED ON BAYLOR'S WEBSITE. THE UNIVERSITY'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY FOR REGENTS ARE NOT AVAILABLE TO THE PUBLIC. COMPENSATION FROM RELATED ORGANIZATIONS FORM 990, PART VII, SECTION A, LINE 1A, COLUMN (E) BAYLOR TRANSMITS AN ANNUAL QUESTIONNAIRE WITH PERTINENT INSTRUCTIONS AND DEFINITIONS TO EACH OF ITS CURRENT AND FORMER REGENTS, OFFICERS, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES LISTED ON PART VII, SECTION A, INQUIRING INTO AMOUNTS OF ANY REPORTABLE COMPENSATION OR OTHER COMPENSATION THAT WAS RECEIVED BY THESE INDIVIDUALS FROM A RELATED ORGANIZATION. THE QUESTIONNAIRE INCLUDES THE NAME, TITLE, DATE, AND SIGNATURE OF EACH PERSON REPORTING THE INFORMATION TO BAYLOR. Form 990, Part VII, Section A, Line 5 Compensation from an unrelated organization or individual NAME - STEPHEN SMITH, COMPENSATION FROM UNRELATED ORGANIZATION - 10,000, NAME OF UNRELATED ORGANIZATION - UNDER ARMOUR, TYPE OF COMPENSATION - CASH OF $10,000;NAME - SCOTT DREW, COMPENSATION FROM UNRELATED ORGANIZATION - 12,500, NAME OF UNRELATED ORGANIZATION - ADIDAS AND MCALLISTERS, TYPE OF COMPENSATION - PRODUCTS VALUED AT $7,500 AND CASH OF $5,000;NAME - ARTHUR BRILES, COMPENSATION FROM UNRELATED ORGANIZATION - 1,500, NAME OF UNRELATED ORGANIZATION - NIKE, TYPE OF COMPENSATION - $1,500 CASH PAYMENT FOR SPEAKING ENGAGEMENT; Other changes in net assets or fund balances Form 990, Part XI, Line 5 NET UNREALIZED GAINS (LOSSES) ON INVESTMENTS - -81867972; PRIOR PERIOD ADJUSTMENTS - 0; LOSS ON INTEREST RATE SWAP - -7374991; FUNDRAISING EXPENSE ADJUSTMENT FOR EVENT CROSSOVER - 23409; PRESENT VALUE ADJUSTMENT TO ANNUITIES PAYABLE - -3024593; CHANGE IN POSTRETIREMENT BENEFIT OBLIGATION - 4324596; OTHER - 466823; LOSS ON DISPOSAL OF PROPERTY & EQUIPMENT - -1648550; REVENUE ADJUSTMENT FOR FUNDRAISING EVENTS CROSSOVER - -47190; SACO REALTY INVESTMENT TRUST - REV PO BOX 41629 MAC T5283-016 AUSTIN TX 78704 276249806 REAL ESTATE HOLDING AND MANAGEMENT TX 50828 1873133 BAYLOR UNIVERSITY TR UA GEORGE AND SID JONES TRUST #0842 COMMUN BANK AND TRUST PO BOX 2303 WACO TX 76703 746157568 GRANTOR TRUST IN SUPPORT OF BAYLOR TX 80527 1018490 BAYLOR UNIVERSITY MARY ANN KOKERNOT LAWRENCE LACY TRUST COMM BANK AND TRUST PO BOX 2303 WACO TX 76703 GRANTOR TRUST IN SUPPORT OF BAYLOR TX 0 285126 BAYLOR UNIVERSITY BRAZOS VALLEY PUBLIC BROADCASTING FOUNDATION DBA KWBU-34 PO BOX 97296 WACO TX 76798 742674611 PROVIDE AND PROMOTE QUALITY EDUCATIONAL PROGRAMMING TX 501(C)(3) 7 BAYLOR UNIVERSITY true BAYLOR UNIVERSITY WOMEN'S COUNCIL OF DALLAS INC 700 N PEARL STREET SUITE 1100 DALLAS TX 75201 752236939 SCHOLARSHIP FUNDRAISING TX 501(C)(3) 11 - Type II NA false FB KIRCHNER SCHOLARSHIP FUND #6886 FROST NATIONAL BANK PO BOX 2950 SAN ANTONIO TX 78299 742646348 PROVISION OF SCHOLARSHIPS TX 501(C)(3) 11 - Type III - Oth BAYLOR UNIVERSITY true BRYAN NICHOLS SCHOLARSHIPS TRUST 332 118 S HOUSTON AVENUE CAMERON TX 765203932 746438292 PROVISION OF SCHOLARSHIPS TX 501(C)(3) PF BAYLOR UNIVERSITY true HAROLD E RILEY FOUNDATION PO BOX 149151 AUSTIN TX 787149151 300181669 SUPPORT OF BAYLOR AND SW THEOLOGICAL SEMINARY TX 501(C)(3) Type I NA false BAYLOR BEAR FOUNDATION ONE BEAR PLACE 97108 WACO TX 767987108 752172398 SUPPORT OF BAYLOR UNIVERSITY ATHLETICS TX 501(C)(3) N/A NA false FLEMING CHURCH LOAN TRUST 1601 ELM STREET SUITE 1700 DALLAS TX 752017241 756035987 TRUST SUPPORTING BAYLOR UNIVERSITY, AS WELL AS OTHER ORGANIZATIONS TX 501(C)(3) 11 - Type II NA false KOKERNOT TRUST 1601 ELM STREET SUITE 1700 DALLAS TX 752017241 756040747 TRUST WHICH PAYS INCOME IN SUPPORT OF BAYLOR UNIVERSITY AND OTHER UNIVERSITIES TX 501(C)(3) 11 - Type II BAYLOR UNIVERSITY true EPS ELEEMOSYNARY TRUST 1304 ENTERPRISE BLVD LAKE CHARLES LA 70601 726204020 TRUST SUPPORTS COLLEGES AND OPERAS LA 501(C)(3) 11 - Type II NA false BIG TWELVE CONFERENCE INC 400 E JOHN CARPENTER FREEWAY IRVING TX 75062 752604555 ORGANIZE, PROMOTE AND ADMINISTER INTERCOLLEGIATE ATHLETICS AMONG ITS MEMBER INSTITUTIONS TX 501(C)(3) 11 - Type I NA false THE MARRS MCLEAN TRUST #4876-01 PO BOX 2950 SAN ANTONIO TX 78299 746342783 TRUST SUPPORTS BAYLOR UNIVERSITY AND OTHER COLLEGES TX 501(C)(3) Type III - Oth NA false CENTRAL TEXAS TECHNOLOGY AND RESEARCH PARK ONE BEAR PLACE 97043 WACO TX 767987043 273848177 HOLDING COMPANY TX 501(C)(2) N/A BAYLOR UNIVERSITY true CHARITABLE REMAINDER TRUSTS (76) CHARITABLE TRUST - SUPPORT TX NA TRUST CHARITABLE LEAD TRUST (1) CHARITABLE TRUST - SUPPORT TX NA TRUST POOLED INCOME FUND (1) CHARITABLE TRUST - SUPPORT TX NA TRUST true true true false false false false false false true true true true true false true true false BRAZOS VALLEY PUBLIC BROADCASTING FOUNDATION DBA KWBU-34 A 2204 COST BRAZOS VALLEY PUBLIC BROADCASTING FOUNDATION DBA KWBU-34 B 230254 CASH CONTRIBUTIONS BRAZOS VALLEY PUBLIC BROADCASTING FOUNDATION DBA KWBU-34 K 297088 COST BRAZOS VALLEY PUBLIC BROADCASTING FOUNDATION DBA KWBU-34 L 126919 COST BRAZOS VALLEY PUBLIC BROADCASTING FOUNDATION DBA KWBU-34 M 116146 ESTIMATED FAIR MARKET VALUE BRAZOS VALLEY PUBLIC BROADCASTING FOUNDATION DBA KWBU-34 Q 217101 FORGIVENESS OF DEBT - COST FB KIRCHNER SCHOLARSHIP FUND #6886 A 21316 CASH BRYAN NICHOLS SCHOLARSHIP TRUST 332 A 5464 CASH KOKERNOT TRUST A 277463 CASH POOLED INCOME FUND A 4238 CASH CENTRAL TEXAS TECHNOLOGY AND RESEARCH PARK J 1 LEASE AGREEMENT