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        <OtherCompensation>13034</OtherCompensation>
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        <Personal>0</Personal>
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        <ProgramServices>0</ProgramServices>
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        <ProgramServices>10600</ProgramServices>
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      <FeesForServicesLobbying>
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        <Fundraising>0</Fundraising>
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      <FeesForServicesInvstMgmntFees>
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        <ProgramServices>1029546</ProgramServices>
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        <ProgramServices>272115</ProgramServices>
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        <ManagementAndGeneral>198064</ManagementAndGeneral>
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      <CloselyHeldEquityInterests>
        <BookValue>0</BookValue>
      </CloselyHeldEquityInterests>
      <TotalOfBookValueSecurities>1720779</TotalOfBookValueSecurities>
      <OtherAssets>
        <Description>Land and buildings held for sale</Description>
        <BookValue>6100000</BookValue>
      </OtherAssets>
      <OtherAssets>
        <Description>Debt Issuance Costs</Description>
        <BookValue>533945</BookValue>
      </OtherAssets>
      <TotalBookValueOtherAssets>6633945</TotalBookValueOtherAssets>
      <FederalIncomeTaxLiability>0</FederalIncomeTaxLiability>
      <OtherLiabilities>
        <Description>Deposits held in custody for others</Description>
        <Amount>211889</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>211889</TotalOfAmounts>
      <TotalRevenue>29060063</TotalRevenue>
      <TotalExpenses>29177248</TotalExpenses>
      <ExcessOrDeficitForYear>-117185</ExcessOrDeficitForYear>
      <NetUnrealizedGLOnInvestments>0</NetUnrealizedGLOnInvestments>
      <DonatedServicesAndFacilities>0</DonatedServicesAndFacilities>
      <InvestmentExpenses>0</InvestmentExpenses>
      <PriorPeriodAdjustments>0</PriorPeriodAdjustments>
      <OtherAmount>0</OtherAmount>
      <TotalAdjustments>0</TotalAdjustments>
      <ExcessOrDeficitPerFS>-117185</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>29060063</TotRevenueEtcAuditedFinclStmt>
      <NetUnrealizedGainsInvestments>0</NetUnrealizedGainsInvestments>
      <DonatedSrvcAndUseOfFacilities>0</DonatedSrvcAndUseOfFacilities>
      <RecoveriesOfPriorYearGrants>0</RecoveriesOfPriorYearGrants>
      <OtherRevenues>0</OtherRevenues>
      <RevenueNotRptdF990>0</RevenueNotRptdF990>
      <RevenueSubtotal>29060063</RevenueSubtotal>
      <InvestmentExpensesNotIncluded>0</InvestmentExpensesNotIncluded>
      <OtherRevenuesNotIncluded>0</OtherRevenuesNotIncluded>
      <RevenueNotRptdOnFinStmt>0</RevenueNotRptdOnFinStmt>
      <TotalRevenuePerForm990>29060063</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>29177248</TotExpensesEtcAuditedFinclStmt>
      <DonatedServicesUseOfFacilities>0</DonatedServicesUseOfFacilities>
      <PriorYearAdjustments>0</PriorYearAdjustments>
      <LossesReported>0</LossesReported>
      <OtherExpensesIncluded>0</OtherExpensesIncluded>
      <ExpensesNotRptdF990>0</ExpensesNotRptdF990>
      <ExpensesSubtotal>29177248</ExpensesSubtotal>
      <InvestmentExpensesNotIncluded2>0</InvestmentExpensesNotIncluded2>
      <OtherExpensesNotIncluded>0</OtherExpensesNotIncluded>
      <ExpensesNotRptdOnFinStmt>0</ExpensesNotRptdOnFinStmt>
      <TotalExpensesPerForm990>29177248</TotalExpensesPerForm990>
      <Form990ScheduleDPartXIV>
        <Identifier>SchD_P03_S00_L04</Identifier>
        <ReturnReference>Schedule D, Part III, Line 4</ReturnReference>
        <Explanation>The museum contains artifacts from ancient civilizations that further our educational purposes.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>SchD_P05_S00_L04</Identifier>
        <ReturnReference>Schedule D, Part V, Line 4</ReturnReference>
        <Explanation>To provide scholarships for students</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>SchD_P10_S00_L02</Identifier>
        <ReturnReference>Schedule D, Part X, Line 2</ReturnReference>
        <Explanation>Not Applicable</Explanation>
      </Form990ScheduleDPartXIV>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="R000005" softwareId="10000077" softwareVersion="v1.00">
      <NondiscriminatoryPolicyStmt>1</NondiscriminatoryPolicyStmt>
      <PolicyStatementInBrochuresEtc>1</PolicyStatementInBrochuresEtc>
      <PolicyPublViaBroadcastMedia>1</PolicyPublViaBroadcastMedia>
      <MaintRacialCompositionRecords>1</MaintRacialCompositionRecords>
      <MaintScholarshipsRecords>1</MaintScholarshipsRecords>
      <MaintCopiesOfBrochuresEtc>1</MaintCopiesOfBrochuresEtc>
      <MaintCopiesOfAllSolicitations>1</MaintCopiesOfAllSolicitations>
      <DiscriminateRaceStudentsRights>0</DiscriminateRaceStudentsRights>
      <DiscriminateRaceAdmissPolicies>0</DiscriminateRaceAdmissPolicies>
      <DiscriminateRaceEmplmnFaculty>0</DiscriminateRaceEmplmnFaculty>
      <DiscriminateRaceScholarships>0</DiscriminateRaceScholarships>
      <DiscriminateRaceEducPolicies>0</DiscriminateRaceEducPolicies>
      <DiscriminateRaceUseOfFclts>0</DiscriminateRaceUseOfFclts>
      <DiscriminateRaceAthleticProg>0</DiscriminateRaceAthleticProg>
      <DiscriminateRaceOtherActy>0</DiscriminateRaceOtherActy>
      <GovernmentFinancialAidReceived>1</GovernmentFinancialAidReceived>
      <GovernmentFinancialAidRevoked>0</GovernmentFinancialAidRevoked>
      <ComplianceWithRevProc7550>1</ComplianceWithRevProc7550>
      <Form990ScheduleEPartII>
        <Identifier>SchE_P01_S00_L03</Identifier>
        <ReturnReference>Schedule E, Part I, Line 3</ReturnReference>
        <Explanation>A notice of non-discrimination policy is published annually in the Oregonian newspaper.</Explanation>
      </Form990ScheduleEPartII>
      <Form990ScheduleEPartII>
        <Identifier>SchE_P01_S00_L06</Identifier>
        <ReturnReference>Schedule E, Part I, Line 6</ReturnReference>
        <Explanation>Corban University receives federal financial aid for its students in the form of government grants.</Explanation>
      </Form990ScheduleEPartII>
    </IRS990ScheduleE>
    <IRS990ScheduleI documentId="R000006" softwareId="10000077" softwareVersion="v1.00">
      <RecordsMaintained>1</RecordsMaintained>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>Institutional Scholarships based upon academic standing, financial need or service.</TypeOfGrant>
        <NumberOfRecipients>735</NumberOfRecipients>
        <AmountOfCashGrant>7297390</AmountOfCashGrant>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>Scholarships awarded to students from outside agencies</TypeOfGrant>
        <NumberOfRecipients>252</NumberOfRecipients>
        <AmountOfCashGrant>507500</AmountOfCashGrant>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>State of Oregon Grants based upon financial need.</TypeOfGrant>
        <NumberOfRecipients>160</NumberOfRecipients>
        <AmountOfCashGrant>126884</AmountOfCashGrant>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>Federal Grants based upon financial need and federal standards</TypeOfGrant>
        <NumberOfRecipients>417</NumberOfRecipients>
        <AmountOfCashGrant>5154347</AmountOfCashGrant>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIV>
        <Identifier>SchI_P01_S00_L02</Identifier>
        <ReturnReference>Schedule I, Part I, Line 2</ReturnReference>
        <Explanation>Students submit SAT or ACT scores to determine academic scholarships. Students submit Financial aid applications and federal tax returns to determine need based institutional aid and state and federal grants.</Explanation>
      </Form990ScheduleIPartIV>
    </IRS990ScheduleI>
    <IRS990ScheduleO documentId="R000007" softwareId="10000077" softwareVersion="v1.00">
      <GeneralExplanation>
        <Identifier>F990_P06_S0B_L11a</Identifier>
        <ReturnReference>Form 990, Part VI, Section B, Line 11a</ReturnReference>
        <Explanation>Finance committee chairman reviews and approves the form 990.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P06_S0B_L15</Identifier>
        <ReturnReference>Form 990, Part VI, Section B, Line 15</ReturnReference>
        <Explanation>The trustees review comparable salaries of CEO's from the annual survey of CEO's salaries from the Council of Christian Colleges and Universities. The trustees then set a competitive salary for the CEO.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P06_S0C_L19</Identifier>
        <ReturnReference>Form 990, Part VI, Section C, Line 19</ReturnReference>
        <Explanation>These documents are available upon request.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P11_S00_L05</Identifier>
        <ReturnReference>Form 990, Part XI, Line 5</ReturnReference>
        <Explanation>Acquisition of the Tacoma Campus of Northwest Baptist Seminary.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <ReasonableCauseExplanation documentId="R000008" softwareId="10000077" softwareVersion="v1.00">
      <Explanation>We filed an extension but were unable to file on February 15 because the IRS e-file system was not functioning. We were informed by the IRS that our deadline was extended to March 31, 2012.</Explanation>
    </ReasonableCauseExplanation>
  </ReturnData>
</Return>