2012-05-10T13:52:43-07:00 2011-06-30 990 2010-07-01 720423889 THE ADMINISTRATORS OF THE TULANE EDUCATIONAL FUND ADMI 5048628000 6823 St Charles Avenue New Orleans LA 70118 Doug Harrell 5048655352 2012-05-10 2010 2016-02-24 21:20:13Z TULANE UNIVERSITY SCOTT COWEN 6823 ST CHARLES AVENUE NEW ORLEANS LA 70118 1288541000 0 X www.tulane.edu X 1951 LA Higher Education, Research, Public Service 36 35 10510 21 8111000 731000 218642000 223321000 565466000 610274000 35210000 83048000 18023000 9684000 837341000 926327000 136514000 152476000 0 0 395251000 429533000 0 0 13874000 309741000 305263000 841506000 887272000 -4165000 39055000 1805200000 1960445000 660182000 689073000 1145018000 1271372000 Higher Education, Research and Public Service 0 0 555508000 149176000 698278000 Higher Education: Operation of a Private University: This category includes expenditures for all activities that are part of the institutions instruction program. Expenditures for credit and non-credit courses, for academic, occupational, and vocational instruction and for regular, special and extended sessions are included. The instruction program encompasses 12,622 students participating in undergraduate, graduate and professional degree programs in the fields of liberal arts, science and engineering, architecture, business, law, social work, medicine and public health and tropical medicine. Also included in this category are all forms of student aid and expenditures for the education and support of students. 12450000 0 8943000 Higher Educations: Public Service: This category includes all expenditures for the public service component of the academic mission of the university. Public service is a core requirement of the undergraduate curriculum. Note that some of the sponsored activities included in the Organized Research achievement could also be described as Public Service. These include the operation of medical and law clinics that serve the underprivileged, and certain development work overseas. (12,966 students) 127238000 3300000 156469000 Higher Education: Organized Research: This category includes all expenditures for all activities that are part of the university's research program, which includes activities specifically organized to produce research outcomes, whether commissioned by an agency external to the institution or separately budgeted by an organizational unit within the institution. Subject to these conditions, it includes expenditures for individual and/or project research as well as those of institutes and research centers (over 1,000 Federal and State awards). 97361000 0 62637000 Higher Education: Auxiliary Enterprises: This category includes services that support educational activities and athletic expenditures. Services include bookstore, student housing, vending and food administration and campus recreation. (12,622 Students) 97361000 0 62637000 792557000 1 1 0 1 0 0 0 1 0 1 1 1 1 0 1 0 1 0 1 1 1 1 0 0 1 1 1 1 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1465 0 1 10510 1 1 1 1 FR IT RW SF SP UK 0 0 0 1 1 0 0 0 1 1 0 X 36 35 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 1 1 1 AK AZ CO DC MD ME MI NH WA X Doug Harrell 5048655352 7029 C Freret St New Orleans LA 70118 Mr James M Lapeyre Jr 0 X 0 0 0 Mrs Carol L Bernick 0 X 0 0 0 Ms Jeanne C Olivier 0 X 0 0 0 Mr James J Reiss Jr 0 X 0 0 0 The Honorable Michael G Bagneris 0 X 0 0 0 Mr Wayne J Lee 0 X 0 0 0 Mr Robert M Devlin 0 X 0 0 0 Mr Richard K Schmidt 0 X 0 0 0 Mr Christopher M James 0 X 0 0 0 Mr John David Barksdale 0 X 0 0 0 Mrs Sherry M Leventhal 0 X 0 0 0 Mrs Celia S Weatherhead 0 X 0 0 0 Dr Linda S Wilson 0 X 0 0 0 Mrs Martha W Barnett 0 X 0 0 0 Dr Wilmer R Bottoms 0 X 0 0 0 Dr Philip J Fagan Jr 0 X 0 0 0 Dr Alison Stone 0 X 0 0 0 Mr Matthew B Gorson 0 X 0 0 0 Dr Elias S Hanna 0 X 0 0 0 Mr Douglas J Hertz 0 X 0 0 0 Mr Walter S Isaacson 0 X 0 0 0 Mr Rick S Rees 0 X 0 0 0 Ms Kim Boyle 0 X 0 0 0 Dr Michael A Friedman 0 X 0 0 0 Mrs Elizabeth S Nalty 0 X 0 0 0 Mr Darryl D Berger 0 X 0 0 0 Mr E Richard Yulman 0 X 0 0 0 David C Friezo 0 X 0 0 0 Mr Andrew B Wisdom 0 X 0 0 0 Mrs Jill H Glazer 0 X 0 0 0 W Thomas Hopkins 0 X 0 0 0 R Hunter Pierson Jr 0 X 0 0 0 Dr Scott Cowen 40 X X 745000 0 197000 Mrs Dana L Day 0 X 0 0 0 Mr David F Edwards 0 X 0 0 0 Mr Jerry M Greenbaum 0 X 0 0 0 Mr Michael F McKeever 0 X 0 0 0 Mr Lawrence MvD Schloss 0 X 0 0 0 Richard M Bracken Sr 0 X 0 0 0 Mrs Yvette Jones 40 X 489000 0 34000 Michael Bernstein 40 X 418000 0 71000 Mr Anthony Lorino 40 X 337000 0 36000 Benjamin Sachs MD 40 X 828000 0 39000 Jeremy Crigler 40 X 785000 0 40000 Victoria Johnson 40 X 314000 0 37000 Anne Banos 40 X 263000 0 26000 Frank Harrell 40 X 184000 0 76000 Charles McMahon 40 X 283000 0 10000 Earl Retif 40 X 183000 0 25000 Thomas Yeh 40 X 741000 0 25000 John W Thompson 40 X 717000 0 33000 Felix H Savoie III 40 X 876000 0 23000 Michael R Recto 40 X 609000 0 17000 Douglas Slakey 40 X 580000 0 40000 Paul Barron 40 X 237000 0 37000 8589000 0 766000 615 1 1 0 Johnson Controls Inc PO Box 905240 Charlotte NC 28290 Environmental Construction and Consulting 13500000 Carl E Woodward PO BOX 13547 New Orleans LA 70185 General Construction 11446000 Citadel Builders LLC 3516 Hessmer Avenue Metairie LA 70002 General Construction 5091000 Shebelle Ethiopia Conference Services PO Box 25887 1000 Addis Ababa ET ET Training and Conference Organization 4040000 Unicco Service Company 275 Grove Street Suite 3-200 Auburndale MA 02466 Facilities Services 3600000 108 0 127000 187000 2443000 161438000 59126000 6502000 223321000 Tuition and Fees 611310 398052000 398052000 0 0 Medical Group Practice 621110 77574000 77574000 0 0 Affiliated Hospital Agreements 622000 50580000 50580000 0 0 Auxiliary Enterprises 713900 62637000 60259000 2378000 0 21431000 17180000 4251000 0 610274000 20434000 0 893000 19541000 0 0 0 0 2994000 0 0 2994000 887000 0 536000 0 351000 0 351000 294000 32000 25000 424025000 0 361411000 0 62614000 0 62614000 0 0 62614000 322000 187000 267000 55000 0 55000 22000 0 22000 0 0 22000 Disaster Recoveries 900099 5705000 5705000 0 0 Child Care 624410 505000 0 505000 0 Alumni Life Insurance 812910 52000 0 52000 0 0 0 0 0 6262000 926327000 609644000 8111000 85251000 0 0 149176000 149176000 3300000 3300000 0 0 5358000 594000 3706000 1058000 0 0 0 0 351527000 319187000 26838000 5502000 18018000 15804000 1899000 315000 33491000 25448000 7457000 586000 21139000 18541000 2228000 370000 0 0 0 0 5439000 2771000 2663000 5000 330000 330000 0 0 493000 493000 0 0 0 0 9800000 9800000 0 0 25065000 17005000 7020000 1040000 5347000 4170000 885000 292000 10333000 5816000 3773000 744000 10727000 6939000 3125000 663000 3682000 3475000 201000 6000 39492000 37586000 1882000 24000 15177000 13167000 1378000 632000 0 0 0 0 14028000 11797000 1188000 1043000 17656000 15290000 2366000 0 0 0 0 0 46589000 41712000 4771000 106000 9026000 3896000 5126000 4000 Supplies 9657000 8140000 1345000 172000 Equipment Rental and Maintenance 14257000 11400000 2105000 752000 Laboratory Expenses 26912000 26743000 169000 0 Disaster Expenses 176000 0 176000 0 Library Expenses 4169000 3956000 213000 0 36908000 36021000 327000 560000 887272000 792557000 80841000 13874000 12175000 4379000 5174000 11359000 90894000 88406000 42726000 34009000 0 0 0 0 42085000 42205000 132000 159000 21944000 22108000 1183865000 472468000 665416000 711397000 740892000 800434000 96220000 119086000 69914000 109306000 17628000 17597000 1805200000 1960445000 100520000 93202000 35225000 30566000 300081000 334764000 1055000 985000 152314000 161357000 70987000 68199000 660182000 689073000 X 235152000 232232000 421643000 528348000 488223000 510792000 1145018000 1271372000 1805200000 1960445000 X 39055000 87299000 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 1 40 1 100 0 1 492860 0 0 493000 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 Lobbying efforts at Tulane University involve primarily issues related to support of university-based teaching, research and public service activities, educational support, students and student loans, nonprofit organizations, and compliance and accounting issues affecting institutions of higher learning. In fiscal year 2011, the University sought to increase federal, state and local funding applicable to university based research and training in the areas of basic science, environmental research and education, biomedical research, clinical studies, public health, community service and technology transfer. More generally, the University lobbies on issues of science and education policy when it directly impacts institutions of higher education. 441000 2817000 0 0 X X X 0 873048000 23448000 145777000 10555000 26980000 0 1004738000 815473000 25693000 68156000 11593000 24681000 0 873048000 1039243000 8768000 -195092000 12021000 25425000 0 815473000 0.49 0.51 0 0 0 0 22369000 22369000 0 784532000 304149000 480383000 0 0 0 0 0 321801000 168319000 153482000 0 55163000 0 55163000 711397000 119086000 F 119086000 Investments - Short Term Money Funds 43874000 F Investments - University Health Care 13862000 F Investments - Self Insurance Funds 14021000 F Investments - Real Estate 19324000 C Investment Proceeds Receivable 18225000 F 109306000 Federal Student Loan Funds 40124000 Refundable Deposits and Other Liabilities 10239000 Bond Premium 8311000 Interest Rate Swap Liability 9525000 68199000 926327000 887272000 39055000 88553000 0 0 0 -1255000 87298000 126353000 778795000 0 0 0 0 0 778795000 9800000 137732000 147532000 926327000 764818000 0 0 0 -6262000 -6262000 771080000 9800000 106392000 116192000 887272000 SchD_P03_S00_L04 Schedule D, Part III, Line 4 Certain works of art and historical treasures have been recognized at their estimated fair value based upon appraisals or similar valuations at the time of acquisition. Works of art and historical treasures are not depreciated. SchD_P05_S00_L04 Schedule D, Part V, Line 4 A portion of the annual earnings from endowment funds are used to fund student scholarships, academic and instruction programs, and operations. SchD_P11_S00_L08 Schedule D, Part XI, Line 8 Unrealized Loss on Derivatives SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Accumulated Gains used for Operations (37,535,000), Realized Gains 62,613,000, Disaster Expense Recoveries 5,705,000, Institutional Scholarships and Fellowships 136,321,000 Indirect Cost Recoveries (32,565,000), Cost Recoveries reclassed as Revenue 2,636,000 Other 557,000 SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Disaster Recoveries Reclassed to Revenues (5,705,000), Other (557,000) SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Institutional Scholarships and Fellowships 136,321,000 Recovery of Indirect Costs (32,565,000), Reclass of Other Expense Recoveries to Other Revenue 2,636,000 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 The University customarily draws a substantial percentage of its students nationwide and follows a racially nondiscriminatory policy as to students. As such, the publicity requirement is satisfied in accordance with Rev Proc 75-50 by inclusion of a statement of the University's racially nondiscriminatory policy as to students in its brochures, websites and internet advertising dealing with admissions, programs, scholarships and employment. SchE_P01_S00_L06 Schedule E, Part I, Line 6 Financial aid from State and Federal sources include: Federal Perkins Loan, Federal Work Study, Federal Supplemental Education Opportunity Grants, Federal Pell Grants, and State Supplemental Incentive Grants. East Asia and the Pacific 0 0 Program Services Grant Administration/Educational 449000 Central America and the Caribbean 0 0 Investments Investments 192939000 Europe (including Iceland and Greenland) 0 0 Investments Investments 37146000 Sub-Saharan Africa 4 5 Program Services Grant Administration 9837000 Central America and the Caribbean 0 0 Program Services Grant Administration/Educational 248000 Europe (including Iceland and Greenland) 0 0 Program Services Educational 1556000 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Educational 739000 South America 0 0 Program Services Educational 2613000 4 5 245527000 Sub-Saharan Africa Sub-award 89462 A/P Disbursement 0 N/A N/A Sub-Saharan Africa Sub-award 306274 A/P Disbursement 0 N/A N/A Sub-Saharan Africa Sub-award 120834 A/P Disbursement 0 N/A N/A South America Sub-award 55000 A/P Disbursement 0 N/A N/A East Asia and the Pacific Sub-award 272648 A/P Disbursement 0 N/A N/A Sub-Saharan Africa Sub-award 12171 A/P Disbursement 0 N/A N/A Sub-Saharan Africa Sub-award 134515 A/P Disbursement 0 N/A N/A Sub-Saharan Africa Sub-award 67046 A/P Disbursement 0 N/ N/A Sub-Saharan Africa Sub-award 41272 A/P Disbursement 0 N/A N/A South Asia Sub-award 7767 A/P Disbursement 0 N/A N/A Sub-Saharan Africa Sub-award 667274 A/P Disbursement 0 N/A N/A Sub-Saharan Africa Sub-award 11400 A/P Disbursement 0 N/A N/A Sub-Saharan Africa Sub-award 647379 A/P Disbursement 0 N/A N/A Sub-Saharan Africa Sub-award 162950 A/P Disbursement 0 N/A N/A Sub-Saharan Africa Sub-award 52337 A/P Disbursement 0 N/A N/A Sub-Saharan Africa Sub-award 105509 A/P Disbursement 0 N/A N/A Sub-Saharan Africa Sub-award 37641 A/P Disbursement 0 N/A N/A East Asia and the Pacific Sub-award 62900 A/P Disbursement 0 N/A N/A Central America and the Caribbean Sub-award 118100 A/P Disbursement 0 N/A N/A East Asia and the Pacific Sub-award 193781 A/P Disbursement 0 N/A N/A Sub-Saharan Africa Sub-award 119294 A/P Disbursement 0 N/A N/A Central America and the Caribbean Sub-award 9000 A/P Disbursement 0 N/A N/A Sub-Saharan Africa Sub-award 7806 A/P Disbursement 0 N/A N/A 0 23 0 0 0 0 0 0 Beads on Broadway 252000 92000 160000 0 0 45000 104000 47000 30000 Hullabaloo 257000 95000 162000 0 0 4000 10000 0 27000 0 509000 187000 322000 0 0 49000 114000 47000 57000 267000 55000 0 0 0 0 0 0 0 0 0 0 0 0 22000 0 0 0 0 0 22000 0 0 0 0 0 22000 LA 1 0 1 0 1 0 Mary Hoffman c/o Athletics Department Tulane University New Orleans LA 70128 0 None 0 Gaming involved a raffle for the benefit of student-athletes, this is not a recurring event. 0 0 SchG_P03_S00_L01 Schedule G, Part III, Lines 1-8 2 raffles were held to benefit the Athletics department. 1 1 X 1 X 1 X 1 1 0 0 182000 0 182000 0.0002 15295000 10598000 4697000 0.0053 0 0 0 0 0 0 15477000 10598000 4879000 0.0055 0 0 0 0 2585000 2415000 170000 0 0 0 0 0 0 0 0 0 8000 0 0 0 0 0 2593000 2415000 170000 0.0000 0 0 18070000 13013000 5049000 0.0055 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2775000 -2775000 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 0 0 0 0 0 0 0 0 2775000 -2775000 0 0 1 1044000 65000 11938000 10597000 1341000 X 1 1 University Healthcare System Operation of a hospital facility 0.1725 0 0 1 1 TULANE UNIVERSITY HOSPITAL AND CLINIC

1415 TULANE AVENUE NEW ORLEANS LA 70112

X X X X TULANE UNIVERSITY HOSPITAL AND CLINIC 1 SchH_P01_S00_L07 Schedule H, Part I, Line 7 Cost for Charity Care was derived using a cost-to-charge ratio from Schedule H, Worksheet 2 applied in Worksheet 1. Patient revenue is based on GAAP and bad debt is not included in this calculation. No extraordinary items are included in this calculation. SchH_P02_S00_L00 Schedule H, Part II As described in Section H, Part VI, Line 6 TUHC works in partnership with the Tulane University School of Medicine by staffing and supporting a number of community services. Examples of these are provided in that narrative. The dollar amounts in the table are a representation of some of the direct costs of these activities. SchH_P03_S0A_L04 Schedule H, Part III, Section A, Line 4 Collection of outstanding receivables from third-party payors (Medicare, managed care payers, etc.) is the Hospitals' primary source of cash and is critical to our ability to fund operations. The primary collection risks relate to uninsured patient accounts, including patient accounts for which the primary insurance carrier has paid the amounts covered by the applicable agreement, but patient responsibility amounts (deductibles and copayments) remain outstanding. The provision for doubtful accounts and the allowance for doubtful accounts relate primarily to amounts due directly from patients. An estimated allowance for doubtful accounts is recorded for all uninsured accounts, regardless of the aging of those accounts. Accounts are written off when all reasonable internal and external collections efforts have been performed. Our collection policies include a review of all accounts against certain standard collection criteria, upon completion of our internal collection efforts. Accounts determined to possess positive collectibility attributes are forwarded to a secondary external collections agency and the other accounts are written off. The accounts that are not collected by the secondary external collection agency are written off when they are returned to us by the collection agency (usually within 12 months). Writeoffs are based upon specific identification and the writeoff process requires a writeoff adjustment entry to the patient accounting system. We do not pursue collection of amounts related to patients that meet our guidelines to qualify as charity care. The methodology to determine the bad debt expense reported at cost on Part III, Line 2 is to take the ratio of patient care costs to gross patient charges and multiply this resulting ratio by the gross charges for bad debt accounts. SchH_P03_S0B_L08 Schedule H, Part III, Section B, Line 8 Even though the amount reported for Medicare activity in Section B reflects a surplus for the year, it should be noted that the amount of patient care costs do not include Medicare non-allowable expenses. The amounts reported on Part III, Lines 5-7, have been determined based on the individual cost report for the facility. These amounts are shown at the University's percentage of ownership in the joint venture. SchH_P03_S0C_L09b Schedule H, Part III, Section C, Line 9b The collection policies of the joint venture include a review of all accounts against certain standard collection criteria. Upon completion of internal collection efforts accounts determined to possess positive collectibility attributes are forwarded to a secondary external collections agency and the other accounts are written off. The accounts that are not collected by the secondary collection agency are written off when they are returned by the collection agency (usually within 12 months). Writeoffs are based upon specific identification and the writeoff process requires a writeoff adjustment entry to the patient accounting system. Collection of amounts related to patients that meet our guidelines to qualify as charity care are not pursued. The methodology to determine the bad debt expense reported as cost on Part III, Line 2 is to take the ratio of patient care costs to gross patient charges and multiply this resulting ratio by the gross charges for bad debt accounts. These amounts reflect the University's percentage of ownership in the joint venture. SchH_P06_S00_L02 Schedule H, Part VI, Line 2 The Hospital, in collaboration with HCA corporate staff, regularly reviews population demographics by zip code, and physician and service access by specialty. National ratios of physician/service needs by population volume and age group are used to determine underserved areas. A recent example of action taken was the opening of a clinic at the Hospital to serve indigent patients needing OB services. This was done in response to the local safety net hospital closing its OB clinic and inpatient services. SchH_P06_S00_L03 Schedule H, Part VI, Line 3 The Hospital advises prospective patients during the registration process as to potential eligibility for participation in the Medicaid program. Those for whom participation seems possible are referred to a contractor, RCA, to complete the appropriate applications and procedures. The Hospital has an "uncompensated care" policy. It is communicated to patients and interested persons as follows: General Communication with the Public As part of the effort to notify the public concerning uncompensated services provided, TUHC will publish, in a generally circulated local newspaper, a notice describing TUHC's uncompensated care policy. The notice will outline the level of uncompensated services to be provided and the services which are considered eligible under the uncompensated care policy. This notice will invite public comment from interested parties. This notice will be published prior to modification of the policy and termination of the policy. Communication of the Policy to Individuals Seeking Services at TUHC TUHC will provide a descriptive notice of the uncompensated care policy to any individual inquiring about the provision of uncompensated services (Attachment A). The notice will include information relative to the uncompensated services provided, eligibility requirements, and the determination process. The notice will identify a location within the hospital at which additional information can be requested. The notice will be provided at all times that uncompensated services are available. Notices highlighting the provision of uncompensated care will be posted prominently in the admissions area, the business office, and the emergency room (Attachment B). These notices will be provided in English and Spanish. The hospital will make a reasonable effort to communicate the meaning of the notices to individuals who may not be able to read or understand them. In the event that uncompensated care services are not being provided due to exceeding uncompensated care thresholds, all notification and signage related to the provision of uncompensated care will be removed until such time as uncompensated care services are once again provided. SchH_P06_S00_L04 Schedule H, Part VI, Line 4 Tulane services the local community and promotes community health through downtown and suburban clinics (Metairie, New Orleans East). Clinic visits totaled 247,246 for 2011. Fifty nine percent of all admissions originated from the Emergency Department which evidenced access for all groups within the community (especially the downtown area). Tulane runs a children's hospital within a hospital as well as a pediatric emergency department (one of two in the city) to accommodate the needs of the community's children. The hospital also has a contract with the Veteran's Administration to provide a variety of inpatient and outpatient services. The socio-economic breadth of service is reflected in the Hospital's payor mix as a percentage of gross revenue: Medicaid 27%, Medicare 33%, HMO/PPO 24%, Self-Pay/Charity 5%, Other 11%. SchH_P06_S00_L05 Schedule H, Part VI, Line 5 See narrative for Schedule H, Part VI, Line 4 above and Part VI, Line 6 below. SchH_P06_S00_L06 Schedule H, Part VI, Line 6 TUHC works in partnership with the Tulane University School of Medicine. The School's faculty staffs and supports a number of community services. Examples of these ongoing services are: Fleur de Vie Student Clinic (indigent care); a Community Health Center servicing indigent clients in a patient focused, medical home model; 1 pediatric drop in clinic; 2 school based clinics; 2 pediatric mobile clinics; 1 adult mobile clinic; a Ryan White HIV clinic; and physician coverage to local, inner city public high schools' sporting events. 1 Financial Aid, Scholarships and Fellowships. 8980 12855000 136321000 Cost Institutional Scholarships and Fellowships SchI_P01_S00_L02 Schedule I, Part I, Line 2 All expenditures of Scholarships and Financial Aid grant funds are approved and monitored by the Financial Aid department for each student receiving funds. X X X 1 1 X X X X X 0 0 0 1 0 0 0 1 0 Dr Scott Cowen 598000 0 0 0 147000 0 25000 0 172000 0 942000 0 910000 0 Mrs Yvette Jones 422000 0 0 0 66000 0 25000 0 10000 0 523000 0 506000 0 Mr Anthony Lorino 321000 0 0 0 16000 0 22000 0 14000 0 373000 0 367000 0 Benjamin Sachs MD 747000 0 0 0 81000 0 25000 0 14000 0 867000 0 862000 0 Michael Bernstein 358000 0 0 0 60000 0 25000 0 46000 0 489000 0 473000 0 Jeremy Crigler 355000 0 376000 0 54000 0 25000 0 15000 0 825000 0 658000 0 Earl Retif 156000 0 15000 0 12000 0 17000 0 8000 0 208000 0 187000 0 Victoria Johnson 302000 0 0 0 12000 0 25000 0 12000 0 351000 0 356000 0 Anne Banos 244000 0 0 0 19000 0 25000 0 1000 0 289000 0 260000 0 Frank Harrell 165000 0 0 0 19000 0 20000 0 56000 0 260000 0 242000 0 Charles McMahon 257000 0 0 0 26000 0 0 0 10000 0 293000 0 263000 0 Michael R Recto 174000 0 408000 0 27000 0 9000 0 8000 0 626000 0 655000 0 Felix H Savoie III 58000 0 777000 0 41000 0 10000 0 13000 0 899000 0 811000 0 Douglas Slakey 202000 0 340000 0 38000 0 25000 0 15000 0 620000 0 0 0 Thomas Yeh 132000 0 572000 0 37000 0 17000 0 8000 0 766000 0 774000 0 John W Thompson 137000 0 537000 0 43000 0 19000 0 14000 0 750000 0 696000 0 Paul Barron 222000 0 0 0 15000 0 23000 0 14000 0 274000 0 286000 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a 2 of the listed persons, the University President and Senior Vice President for External Affairs, took chartered flights in order to accomplish University business during Calendar Year 2010. University policy permits salary supplements to be paid during the first two years of employment to newly hired employees who were participants in a retirement plan immediately prior to accepting employment with the University. The salary supplement was provided with a gross up for taxes. As a condition of employment, the President is required to live in a University-owned house. The fair market value of the use of the residence is $ 159,000. SchJ_P01_S00_L05 Schedule J, Part I, Line 5 The Physicians listed on Schedule J are part of the Tulane University Medical Group Faculty Practice Plan which has a fixed formula plan for incentive compensation based primarily on clinical revenues. The Chief Investment Officer has a plan for incentive compensation based on endowment investment return. SchJ_P01_S00_L07 Schedule J, Part I, Line 7 Several of the Senior Officers listed on Schedule J received non-fixed payments based on merit and performance during the calendar year. LOUISIANA PUBLIC FACILITIES AUTHORITY 720895871 546398SJ8 2007-05-31 192565000 ADVANCE REFUNDING 0 0 0 LOUISIANA PUBLIC FACILITIES AUTHORITY 720895871 546398ST6 2007-05-31 62180000 ADVANCE REFUNDING 0 0 0 LOUISIANA PUBLIC FACILITIES AUTHORITY 720895871 546398WN4 2007-05-31 33485000 ADVANCE REFUNDING 0 0 0 LOUISIANA PUBLIC FACILITIES AUTHORITY 720895871 2009-12-09 30000000 DORMITORY FINANCING 0 0 0 0 0 201967000 0 0 158272000 1540000 2941000 0 0 0 0 2008 0 1 1 1 0 0 62180000 0 0 61167004 1012996 0 0 0 0 0 2006 0 1 1 1 0 0 33485000 0 0 0 335000 481000 0 0 0 0 1998 0 1 1 1 0 0 16534000 677000 0 0 253000 0 0 16534000 0 0 2012 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 1 1 MORGAN KEEGAN FINANCIAL PRODUCTS INC 8 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 LOUISIANA PUBLIC FACILITIES AUTHORITY 720895871 2010-03-25 30000000 MEDICAL SCHOOL CAMPUS INFRASTRUCTURE 0 0 0 0 0 30000000 1457000 0 0 205000 0 0 28338000 0 0 2012 0 0 0 1 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 Mrs Marjorie Cowen Scott Cowen is President of Tulane University and a voting member of the Tulane Board of Trustees. 108000 Compensation as Senior Advisor, Institutional Advancement 0 Shannon Couhig Daughter of Yvette Jones and Jacob Jones III, Vice President for External Affairs and Asst Vice-Pres 95000 Compensation as Executive Director, Cowen Institute 0 Stephanie Barksdale Spouse of Board Member John David Barksdale 45000 Compensation as Manager of Social Entrepeneurship 0 Jacob Jones III Spouse of Yvette Jones 219000 Compensation as Senior Associate Vice President of Capital Projects and Real Estate 0 Katy Yulman Daughter of Board Member 52000 Compensation as Development Office staff 0 X 5 414000 FMV X 27000 FMV X 138 4045000 FMV X 1 1075000 FMV X Other - Equipment 3 941000 FMV X Other - Auction and Other Items 393 0 SEE PART II 4 0 1 1 SchM_P01_S00_L25 Schedule M, Part I, Lines 25-28 LINE 26, Column B includes items donated for sale or use at fundraising events (such as Gift Certificates, etc) which are subsequently sold or used at fundraising events. This non cash contribution is not shown on Part VIII, Line 1 (g), however the proceeds from any sale are reported on Part VIII, Line 8a. SchM_P01_S00_L32b Schedule M, Part I, Line 32b Securities donations are sold via arrangement with a selected list of brokerage accounts. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b Form 990 was completed by University staff and forwarded to the Audit Committee of the Board of Trustees of Tulane University. All sections of the 990, except for Schedule B Contributions, are reviewed by the Audit Committee, thus the University is required to answer this question "no". The Audit Committee met and reviewed all parts of the form, except Schedule B, prior to filing. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The University's administration annually sends out and receives conflict of interest disclosure forms from University staff and faculty members. Also on an annual basis the members of the Board of Trustees of Tulane University complete a conflict of interest questionairre with annual disclosures reviewed by the Audit Committee of the Board of Trustees. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The President and the Personnel Committee of the Board of Trustees perform annual evaluations of senior officers and other top management officials, and the Personnel Committee conducts an annual evaluation of the President. The listed postions included in this evaluation process are the Executive VP for University Relations and Development, the Senior VP for Operations and Chief Financial Officer, the Senior VP for Academic Affairs and Provost, the Senior VP and Dean of Medicine, the Chief Investment Officer, the Vice President for Administrative Services, the Vice President for Technology and Chief Information Officer, and the General Counsel. With respect to the senior officers, the President meets with each senior officer mid year and end of year. They discuss the officers duties and responsibilities, goals/objectives, results achieved and overall performance. The President presents his evaluation of each senior officer to the Personnel Committee. The Committee evaluates the senior officers credentials/qualifications, job performance, duties/responsibilities and contribution to the university. The Committee also assesses the appropriateness of the compensation and reviews independent data as outlined in the university policy covering this process. This data may include (i) compensation paid for comparable positions by similarly situated nonprofit and for profit entities, (ii) availability of individuals possessing similar expertise or specialties in the geographic area, (iii) independent compensation surveys by nationally recognized independent firms; and (iv) written offers that the individual may have received from other institutions competing for his or her services. For the Vice President of Finance, Controller and the Vice President for Enrollment Management initial compensation is determined by the Office of Workforce Management using independent market studies and other factors similar to those employed by the Personnel Committee. On an annual basis their performance is reviewed by their immediate supervisor and any compensation increase is awarded based on merit and performance. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The University makes its governing documents, conflict of interest policy and financial statements available to the public upon request. The financial statements and conflict of interest policy are also available on the University's website. Financial statements and other bond compliance information are also available at the Muncipal Securities Rulemaking Board reporting website (www.emma.msrb.org). F990_P11_S00_L05 Form 990, Part XI, Line 5 88,553,000 Unrealized Gain on Investments, (1,254,000) Unrealized Loss on Derivatives TULANE INTERNATIONAL LLC 6823 ST CHARLES AVENUE NEW ORLEANS LA 70118 020794141 INTERNATIONAL PROGRAM ADMINISTRATION LA 1283000 1021000 N/A RIVERSPHERE I LLC 6823 ST CHARLES AVE NEW ORLEANS LA 70118 REAL ESTATE OWNERSHIP LA 47000 1656000 N/A RIVERSPHERE II LLC 6823 ST CHARLES AVE NEW ORLEANS LA 70118 REAL ESTATE OWNERSHIP LA 126000 7412000 N/A SQUARE 245 LLC 6823 ST CHARLES AVE NEW ORLEANS LA 70118 REAL ESTATE OWNERSHIP LA 0 11000 N/A TULANE UNIVERSITY PHYSICIAN ORGANIZATION LLC 6823 ST CHARLES AVE NEW ORLEANS LA 70118 INACTIVE LA 0 0 N/A TULANE MURPHY FOUNDATION 1030 AUDUBON STREET NEW ORLEANS LA 70118 237113317 TO SUPPORT THE EDUCATIONAL MISSION OF TULANE UNIVERSITY LA 501 (c) (3) ADMINISTRATORS OF THE TULANE EDUCATIONAL TRUST THE TULANE LAW REVIEW ASSOCIATION 6823 ST CHARLES AVENUE NEW ORLEANS LA 70118 PUBLISHING LAW REVIEW LA 501 (c) (3) N/A SAMUEL Z STONE CIPR SUPPORT TRUST 1330 BOYLSTON STREET C/O SAMET AND COMPANY BOSTON MA 02467 206070361 TO SUPPORT TULANE PROGRAMS AND RESEACH CONDUCTED BY CENTER FOR INTER-AMERICAN POLICY AND RESEARCH MA 501 C (3) ADMINISTRATORS OF THE TULANE EDUCATIONAL TRUST HENDERSON EDUCATION FUND FBO TULANE UNIV c/o JP MORGAN CHASE NA PO BOX 303 MILWAUKEE WI 53201 726017995 SUPPORT MISSION OF TULANE UNIVERSITY LA 4947(a)(1) N/A RICHARDS TRUST 6823 ST CHARLES AVE NEW ORLEANS LA 70118 726032319 TRUST LA N/A T 136000 4497000 0.7272 CHARITABLE REMAINDER TRUSTS (32) c/o TULANE UNIVERSITY 6823 ST CHARLES AVENUE NEW ORLEANS LA 70124 CHARITABLE REMAINDER TRUSTS LA N/A T CHARITABLE LEAD TRUST (1) c/o TULANE UNIVERSITY 6823 ST CHARLES AVENUE NEW ORLEANS LA 70124 CHARITABLE LEAD TRUST LA N/A T 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 TULANE MURPHY FOUNDATION c 1693000 Cost THE TULANE LAW REVIEW ASSOCIATION n 60000 Cost RICHARDS TRUST c 180000 Cost SAMUEL Z STONE CIPR SUPPORT TRUST c 330000 Cost HENDERSON EDUCATION FUND FBO TULANE UNIV c 240000 Cost UNIVERSITY HEALTHCARE SYSTEM LC PO BOX 570 NASHVILLE TN 37202 621566506 HOSPITALS TN 0 20806000 0 0 0