2012-03-26T16:23:46-05:00 2011-06-30 MCGLADREY & PULLEN LLP 221 THIRD AVENUE SE STE 300 CEDAR RAPIDS IA 524011512 990 2010-07-01 440545914 WILLIAM JEWELL COLLEGE WILL 8167817700 500 COLLEGE HILL LIBERTY MO 64068 DAVID L SALLEE 8167817700 2012-03-14 1 KAY HEGARTY 3192985333 2010 2016-02-24 21:20:13Z DAVID L SALLEE 500 COLLEGE HILL LIBERTY MO 64068 85913281 0 X WWW.JEWELL.EDU X 1849 MO WILLIAM JEWELL COLLEGE PROVIDES EDUCATION/INSTRUCTION LEADING PRIMARILY TO UNDERGRADUATE DEGREES IN LIBERAL ARTS. IT IS A RESIDENTIAL CAMPUS, PROVIDING ROOM AND BOARD FOR A MAJORITY OF ENROLLED STUDENTS. 29 28 997 500 19081 15669 10085536 8094311 30501616 33964710 73816 1534372 2197228 2050299 42858196 45643692 15396960 17298796 0 0 16113208 16324100 58291 34535 1455540 14135821 14360083 45704280 48017514 -2846084 -2373822 137916009 143033500 36185806 33018911 101730203 110014589 WILLIAM JEWELL COLLEGE PROMISES STUDENTS AN OUTSTANDING LIBERAL ARTS EDUCATION THAT CULTIVATES LEADERSHIP, SERVICE AND SPIRITUAL GROWTH WITHIN A COMMUNITY INSPIRED BY CHRISTIAN IDEALS AND COMMITTED TO OPEN, RIGOROUS INTELLECTUAL PURSUITS. 0 0 29986150 17298796 27008191 PROVIDED INSTRUCTION AND ACADEMIC SUPPORT TO APPROXIMATELY 1060 STUDENTS: CLASSROOM INSTRUCTION, LIBRARY SERVICES, LECTURE SERVICES, ETC. 5308892 5801476 PROVIDED ROOM AND BOARD FOR APPROXIMATELY 800 STUDENTS 7586213 1155043 STUDENT SERVICES AND PROGRAMMING: ATHLETICS AND INTRAMURALS, STUDENT ACTIVITIES, HEALTH SERVICES, COUNSELING SERVICES, FINANCIAL SERVICES, ACADEMIC RECORDS 42881255 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 1 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 100 0 1 997 1 1 1 1 CJ 0 0 0 0 1 1 0 0 0 X 29 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X RON DEMPSEY 8164155034 500 COLLEGE HILL LIBERTY MO 64068 JULIUS J ANDERSON JR 1.00 X 0 0 0 GARY D BARNES 1.00 X 0 0 0 ROBERT A BERNSTEIN 1.00 X 0 0 0 DAVID D BURHANS 1.00 X 0 0 0 M SUSAN CHAMBERS 1.00 X 0 0 0 WILLIAM R CLINE JR 1.00 X 0 0 0 MARTHA B COMMENT 1.00 X X 0 0 0 WILLIAM M CROUCH 1.00 X 0 0 0 EDWARD D DOUGLAS 1.00 X 0 0 0 WILLIAM E DREYER 1.00 X 0 0 0 ELIZABETH ANN EARNEST 1.00 X 0 0 0 WILLIAM C GAUTREAUX 1.00 X 0 0 0 JOHN R GILL 1.00 X X 0 0 0 EILEEN L HOUSTON-STEWART 1.00 X 0 0 0 ROBERT K KIRKLAND 1.00 X X 24024 0 0 JANICE C KREAMER 1.00 X 0 0 0 BURNELL LANDERS 1.00 X 0 0 0 OLLIE MALONE JR 1.00 X 0 0 0 KAREN MATHES 1.00 X X 0 0 0 CAROL S MARINOVICH 1.00 X 0 0 0 JAMES W MCCROSSEN 1.00 X 0 0 0 HAZEL M MICHAJLICZENKO 1.00 X 0 0 0 WILLIAM C NELSON 1.00 X 0 0 0 JAMES K PIERCE 1.00 X 0 0 0 W EDWARD PLACE 1.00 X 0 0 0 FRED H PRYOR 1.00 X 0 0 0 LINDA J ROOS 1.00 X 0 0 0 DOYLE M SAGER 1.00 X 0 0 0 DIANNE C SHUMAKER 1.00 X 0 0 0 DEBORAH M SMITH 1.00 X 0 0 0 JOY L STEINCROSS 1.00 X 0 0 0 DEBORAH K WARDROP 1.00 X 0 0 0 THOMAS R WILLARD 1.00 X X 0 0 0 RICHARD M WRIGHT JR 1.00 X 0 0 0 BRIAN CLEMONS 40.00 X 59424 0 6036 DR ANDREW PRATT 40.00 X 80476 0 44795 DR ANNE DEMA 40.00 X 94684 0 22980 DR CHAD JOLLY 40.00 X 114702 0 25293 DR DAVID SALLEE 40.00 X 277702 0 71295 DR JOHN MCCLAFLIN 40.00 X 84128 0 15433 DR RICK WINSLOW 40.00 X 106276 0 17328 DR TIMOTHY FULOP 40.00 X 112036 0 26845 CLARK MORRIS 40.00 X 105580 0 26426 1059032 0 256431 5 0 1 0 SODEXO 500 ROSS ST PITTSBURGH PA 152192125 DINING SERVICES 1677785 ROYAL & COMPANY 1920 EAST PARHAM ROAD RICHMOND VA 23228 ADMISSIONS CONSULTING 370609 IES 33 N LASALLE STREET CHICAGO IL 60602 EDUCATIONAL SERVICES 313926 OXFORD OVERSEAS STUDY COURSE 27 ST JOHN STREET OXFORD UNITED KINGDOM UK EDUCATIONAL SERVICES 155700 DATATEL 4375 FAIR LAKES COURT FAIRFAX VA 22033 SOFTWARE SUPPORT 113749 5 73982 2534414 5485915 104346 8094311 TUITION & FEES 611600 27008191 27008191 RESIDENCE HALL 611710 3417672 3417672 DINING SERVICES 611710 2383804 2383804 FINE ARTS 611710 540815 540815 OTHER 900099 406078 406078 208150 208150 33964710 1378962 1378962 1425613 1425613 164887 164887 164887 164887 40384659 40229249 155410 155410 155410 41453 73982 40340 1113 1113 STUDENT SERVICES 900099 385890 385890 HARRIMAN ARTS 900099 33241 33241 39555 19081 20474 458686 45643692 33964710 19081 3565590 17298796 17298796 1018823 412000 489823 117000 11826098 9920734 1083036 822328 688929 552632 89162 47135 1850326 1240682 486866 122778 939924 725041 149315 65568 44902 44902 65526 65526 34535 34535 120891 120891 1401241 880043 477898 43300 153629 152874 755 664119 480885 133634 49600 198654 9027 189627 2347358 2268479 72026 6853 791370 728992 23377 39001 480635 344504 34861 101270 739608 739608 2903604 2903604 269128 269128 DINING SERVICES 1532593 1532593 STUDENT PROGRAMMING 1453927 1462858 -8931 PERFORMING ARTS 634963 634963 BOOKS & PERIODICALS 241376 239725 1385 266 DUES & MEMBERSHIPS 117484 69737 41841 5906 199075 14350 184725 48017514 42881255 3680719 1455540 1688449 4249214 4643242 5428458 732712 939166 722249 698864 104963579 45335567 61931594 59628012 35709486 36474945 29050567 32183894 3437710 3430947 137916009 143033500 8241075 7485838 569182 947578 15695000 15105000 5000000 2500000 6680549 6980495 36185806 33018911 X 27300403 40032114 25946918 20821719 48482882 49160756 101730203 110014589 137916009 143033500 X -2373822 10658208 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 60605068 740109 11292439 1474618 6128960 180732 64853306 35257924 1690149 28479383 265055 4391840 165493 60605068 50390021 459712 -9003655 1077748 5293554 216852 35257924 0.04250 0.95750 0.00000 1 0 116727 116727 90037412 34738781 55298631 2144582 1182458 962124 11999137 9414328 2584809 665721 665721 59628012 PRIVATE EQUITY 1108423 F REAL ESTATE 23450541 F INVESTMENT IN CONSOLIDATED ENTITY - COLLEGEHILL INVESTMENTS 74244 C RESTRICTED INVESTMENTS HELD BY BOND TRUSTEE 1241461 F INTEREST IN INVESTMENTS HELD BY OTHER 4367338 F BENEFICIAL INTEREST IN PERPETUAL TRUST 901033 F OTHER 1040854 F 32183894 DEPOSITS 323632 ASSET RETIREMENT OBLIGATION 830702 PV OF ANNUITIES PAYABLE 2500838 REFUNDABLE LOAN PROGRAM 3325323 6980495 45643692 48017514 -2373822 9678717 979491 10658208 8284386 39439476 9678717 1375523 11054240 28385236 17258456 17258456 45643692 31155090 436372 436372 30718718 17298796 17298796 48017514 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED FOR SCHOLARHIPS FOR STUDENTS, SUPPORT ACADEMIC DEPARTMENTS/FACULTY POSITIONS, SUPPORT OTHER PROGRAMS OF THE COLLEGE, AND GENERAL, UNDESIGNATED SUPPORT OF THE INSTITUTION. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE COLLEGE FILES A FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ANNUALLY. WHEN THESE RETURNS ARE FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHERS ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE TAX POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD ULTIMATELY BE SUSTAINED. EXAMPLES OF TAX POSITIONS COMMON TO COLLEGES INCLUDE SUCH MATTERS AS THE FOLLOWING: THE TAX EXEMPT STATUS OF EACH ENTITY AND VARIOUS POSITIONS RELATIVE TO POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). UBIT IS REPORTED ON FORM 990-T, AS APPROPRIATE. THE BENEFITS OF TAX POSITIONS ARE RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES THAT IT IS MORE LIKELY THAN NOT THAT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS ARE NOT OFFSET OR AGGREGATED WITH OTHER POSITIONS. TAX POSITIONS THAT MEET THE "MORE LIKELY THAN NOT" RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY TO BE REALIZED ON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. THE PORTION OF THE BENEFITS ASSOCIATED WITH TAX POSITIONS TAKEN THAT EXCEEDS THE AMOUNT MEASURED AS DESCRIBED ABOVE IS REFLECTED AS A LIABILITY FOR UNCERTAIN TAX BENEFITS IN THE ACCOMPANYING STATEMENTS OF FINANCIAL POSITION ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. AS OF JUNE 30, 2011 AND 2010, THERE WERE NO UNCERTAIN TAX BENEFITS IDENTIFIED AND RECORDED AS A LIABILITY. GENERALLY, THE COLLEGE IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR THE YEARS BEFORE 2007. PART XI, LINE 8 - OTHER ADJUSTMENTS: PRESENT VALUE ADJUSTMENT TO ANNUITY OBLIGATION -97,431. GAIN ON ACTUARIAL CHANGE IN POSTRETIREMENT BENEFITS 1,149,585. CURRENT YEAR NET LOSS OF CONSOLIDATED ENTITY - COLLEGEHILL INVESTMENTS -72,663. PART XII, LINE 2D - OTHER ADJUSTMENTS: REVENUE OF CONSOLIDATED ENTITY - COLLEGEHILL INVESTMENTS 323,369. PRESENT VALUE ADJUSTMENT TO ANNUITY OBLIGATION -97,431. GAIN ON ACTUARIAL CHANGE IN POST RETIREMENT BENEFITS 1,149,585. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE -40,340. COLLEGE AND FEDERAL FUNDED AID 17,298,796. PART XIII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF CONSOLIDATED ENTITY - COLLEGEHILL INVESTMENTS 396,032. FUNDRAISING EVENT EXPENSE 40,340. PART XIII, LINE 4B - OTHER ADJUSTMENTS: COLLEGE AND FEDERAL FUNDED AID 17,298,796. 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 THE COLLEGE'S NON-DISCRIMINATORY POLICY IS PROMINENT IN THE COURSE CATALOG, THE PRIMARY MARKETING BROCHURE THAT IS SENT TO PROSPECTIVE STUDENTS, THE COLLEGE'S WEBSITE AND THE COLLEGE'S APPLICATION FOR ADMISSION. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES FINANCIAL SUPPORT FROM THE FEDERAL GOVERNMENT IN A VARIETY OF WAYS, INCLUDING FINANCIAL AID TO STUDENTS IN REVOLVING LOAN FUNDS AND GRANT SUPPORT FOR TEACHING AND RESEARCH PROJECTS. INFORMATION WITH REGARD TO THESE PROGRAMS IS REPORTED TO THE FUNDING AGENCY AS REQUESTED AND IS COVERED UNDER THE SCOPE OF THE SINGLE AUDIT. EUROPE 0 0 PROGRAM SERVICES EDUCATION 739700 0 0 0 739700 0 739700 0 0 0 0 0 0 X X X X X X X 1 GONSER GERBER TINKER STUHR LLP 400 EAST DIEHL ROAD SUITE 300 NAPERVILLE IL 60563 CONSULTING 0 0 34535 -34535 34535 -34535 FL MO GOLF TOURNEY 17080 8340 8740 800 4636 2916 695 HARRIMAN GALA 98355 65642 32713 0 0 2605 28688 115435 73982 41453 800 4636 5521 29383 40340 1113 1 SCHOLARSHIP/FINANCIAL AID 1025 17298796 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE SCHOLARSHIPS/FINANCIAL AID AWARDED TO STUDENTS IS APPLIED AGAINST THEIR TUITION ACCOUNTS. X X X X 1 1 X X X X X 1 1 0 0 0 0 0 0 0 DR DAVID SALLEE 230162 0 0 0 47540 0 33674 0 37621 0 348997 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE DAVID L SALLEE, PRESIDENT OF WILLIAM JEWELL COLLEGE, IS REQUIRED TO LIVE IN THE PRESIDENT'S HOUSE ON CAMPUS. THE COST TO THE COLLEGE OF PROVIDING AN MAINTAINING THE HOUSE IS NOT INCLUDED IN HIS W-2 BECAUSE IT QUALIFIES AS A NONTAXABLE BENEFIT. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES THE COLLEGE PAYS THE CLUB DUES FOR THE PRESDIENT, DAVID L SALLEE, TO USE FOR BUSINESS MEETINGS WITH DONORS. THE AMOUNT OF THE CLUB DUES IS NOT INCLUDED ON HIS W-2 BECAUSE THE DUES ARE 100% BUSINESS USE. PERSONAL SERVICES THE COLLEGE PAYS FOR A HOUSEKEEPER FOR THE HOUSE THE PRESIDENT RESIDES AT. PART I, LINES 4A-B LINE 4A: JOHN MCCLAFLIN $28,205 LINE 4B: DAVID L SALLEE $50,000 HEALTH & EDUCATIONAL FACILITIES AUTHORITY OF MISSOURI 431178966 000606901 2005-09-01 17880000 REFUNDING/CAPITAL PROJECTS 0 0 0 590000 17880000 1241461 10981324 657215 5000000 2006 1 1 1 1 0 0 0 0 1 0.00000 0.00000 0.00000 1 0 0 0 1 MBIA 30.000000000000 1 1 0 X 12 49667 AVG HIGH/LOW PRICE X 1 43655 NET SALES PROCEEDS X GIFT-IN-KIND 2 11025 FMV 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): SCHEDULE M IS USING THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11 AN INDEPENDENT ACCOUNTING FIRM COMPILES AND REVIEWS THE FORM 990. THE FORM 990 IS REVIEWED BY THE COLLEGE'S FINANCIAL OFFICER AND ACCOUNTING PERSONNEL, AND QUESTIONS ARE FOLLOWED-UP ON AND RESOLVED. THE FINAL DRAFT OF THE 990 IS REVIEWED BY THE AUDIT COMMITTEE WITH A REPRESENATIVE OF THE INDEPENDENT ACCOUNTING FIRM. A COPY OF THE FORM 990, NORMALLY IN ELECTRONIC FORM, IS PROVIDED TO THE ENTIRE BOARD OF TRUSTEES AND CERTAIN MEMBERS OF THE PRESIDENT'S CABINET FOR THEIR REVIEW PRIOR TO THE FIRST FULL BOARD MEETING OF THE CALENDAR YEAR OR AT A SPECIAL MEETING OF THE BOARD CALLED THEREAFTER. THE AUDIT COMMITTEE RECOMMENDS THE FORM 990 TO THE FULL BOARD FOR APPROVAL. FURTHER, A FINAL COPY OF THE FORM 990 IS PROVIDED TO EACH MEMBER OF THE BOARD OF TRUSTEES BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE HAS A PUBLISHED CONFLICT OF INTEREST POLICY THAT STATES IN PART: BY DEFINITION, A CONFLICT OF INTEREST OCCURS WHERE AN INDIVIDUAL'S OBLIGATION TO FURTHER THE COLLEGE'S CHARITABLE PURPOSE IS AT ODDS WITH HIS/HER OWN FINANCIAL INTERESTS. SUCH A CONFLICT OF INTEREST EXISTS IF AN EMPLOYEE OR MEMBER OF THE BOARD OF TRUSTEES HAS AN EXTERNAL FINANCIAL INTEREST OR FIDUCIARY OR OTHER LEGAL OBLIGATION THAT REASONABLY COULD BE SEEN AS CREATING AN INCENTIVE FOR THE INDIVIDUAL TO MODIFY THE CONDUCT OF HIS/HER COLLEGE ACTIVITIES OR TO INFLUENCE THE CONDUCT OF OTHERS. SERVING PRIVATE INTERESTS MORE THAN INSUBSTANTIALLY IS INCONSISTENT WITH ACCOMPLISHING THE COLLEGE'S CHARITABLE PURPOSES. EMPLOYEES AND MEMBERS OF THE BOARD OF TRUSTEES HAVE AN OBLIGATION TO CONDUCT BUSINESS WITHIN GUIDELINES THAT PROHIBIT ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AND/OR THREATEN THE COLLEGE'S TAX-EXEMPT PURPOSE. A CONFLICT OF INTEREST POLICY IS INTENDED TO HELP ENSURE THAT WHEN ACTUAL OR POTENTIAL CONFLICTS OF INTEREST ARISE THE COLLEGE HAS A PROCESS IN PLACE TO COLLECT ADEQUATE DISCLOSURES TO ADVISE THE GOVERNING BODY ABOUT ALL THE RELEVANT FACTS CONCERNING THE SITUATION. A CONFLICT OF INTEREST POLICY IS ALSO INTENDED TO ESTABLISHED PROCEDURES UNDER WHICH MEMBERS OF THE BOARD OF TRUSTEES THAT HAVE A CONFLICT OF INTEREST WILL BE EXCUSED FROM VOTING ON SUCH MATTERS. ALL MEMBERS OF THE BOARD OF TRUSTEES, THE PRESIDENT OF THE COLLEGE AND MEMBERS OF THE PRESIDENT'S CABINET ARE REQUIRED TO COMPLETE AND SIGN AN ANNUAL COMPLIANCE QUESTIONNAIRE AS A CONDITION OF CONTINUAL BOARD MEMBERSHIP AND/OR EMPLOYMENT AND AS REQUIRED BY THE COLLEGE'S ANNUAL TAX RETURN, FORM 990. FORM 990, PART VI, SECTION B, LINE 15A THE FOLLOWING PROCESS IS FOLLOWED TO SATISFY A "REBUTTABLE PRESUMPTION TEST" WHEN ESTABLISHING COMPENSATION AND BENEFITS FOR THE COLLEGE'S PRESIDENT AS DEFINED BY THE INTERNAL REVENUE SERVICE: - THE PRESIDENT'S COMPENSATION AND BENEFITS WILL BE REVIEWED AND APPROVED ON AN ANNUAL BASIS BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES OR A DULY APPOINTED COMPENSATION COMMITTEE THEREOF, PROVIDED THAT ANY PERSON(S) WITH CONFLICTS OF INTEREST ARE NOT INVOLVED IN THIS REVIEW OR APPROVAL; - COMPENSATION AND BENEFITS ARE REVIEWED AND APPROVED USING DATA AND SURVEYS FOR PRESDIENTS AT SIMILARLY SITUATED PRIVATE COLLEGES AND UNIVERSITIES; - COMPENSATION PLANS WILL SUPPORT THE COLLEGE'S MISSION, STRATEGY, AND VALUES; - CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING IS MAINTAINED WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE PRESIDENT'S COMPENSATION AND BENEFITS ARRANGEMENTS. ANY QUESTIONS ON EXECUTIVE COMPENSATION ARE DIRECTED TO THE CHAIR OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE GOVERNING DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 9,678,717. PRESENT VALUE ADJUSTMENT TO ANNUITY OBLIGATION -97,431. GAIN ON ACTUARIAL CHANGE IN POSTRETIREMENT BENEFITS 1,149,585. CURRENT YEAR NET LOSS OF CONSOLIDATED ENTITY - COLLEGEHILL INVESTMENTS -72,663. TOTAL TO FORM 990, PART XI, LINE 5: 10,658,208. FORM 990, PAGE 12, PART XII, LINE 2C THE ORGANIZATION'S FINANCIAL STATEMENTS WERE AUDITED BY AN INDEPENDENT ACCOUNTANT ON A CONSOLIDATED BASIS. THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBLITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT. FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEERS INCLUDE INDIVIDUALS PROVIDING SUPPORT FOR ALUMNI ORGANIZATIONS, ATHLETICS EVENTS AND OTHER STUDENT ACTIVITIES. COLLEGEHILL INVESTMENTS INC 500 COLLEGE HILL LIBERTY MO 64068 431427371 GOLF COURSE/REAL ESTATE MO N/A C -72663 607494 1.00000 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 COLLEGE HILL INVESTMENTS B 34469 CASH