DEPAUW UNIVERSITY: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- DEPAUW UNIVERSITY (EIN 35-0869045)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-14
- IRS object ID
- 201201359349301770
- Schema version
- 2010v3.7
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-14T10:14:42-04:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BKD LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 N Illinois Street | AddressLine1 |
| City | Indianapolis | City |
| State | IN | State |
| ZIP Code | 46204 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 350869045 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DEPAUW UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | DEPA | NameControl |
| Phone | 7656584800 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 37 | AddressLine1 |
| City | GREENCASTLE | City |
| State | IN | State |
| ZIP Code | 46135 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BRAD KELSHEIMER | Name |
| Title | VP OF FINANCE & ADMINISTRATION | Title |
| Phone | 7656584161 | Phone |
| Date Signed | 2012-05-15 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3173834000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | BRIAN W CASEY PRESIDENT | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 313 S LOCUST STREET PO BOX 37 | AddressLine1 |
| City | GREENCASTLE | City |
| State | IN | State |
| ZIP Code | 46135 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 227846271 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.DEPAUW.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1837 | YearFormation |
| State Legal Domicile | IN | StateLegalDomicile |
| Activity Or Mission Description | DEPAUW UNIVERSITY IS NATIONALLY RECOGNIZED FOR PROVIDING A SET OF EXCEPTIONAL COLLEGE EXPERIENCES MARKED BY INTELLECTUAL RIGOR AND SHAPED BY A DYNAMIC FACULTY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 35 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 35 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2111 | TotalNbrEmployees |
| Total Nbr Volunteers | 149 | TotalNbrVolunteers |
| Total Gross UBI | 1702848 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -429173 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 14463440 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 19268473 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 88039560 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 94012105 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 15042508 | InvestmentIncomePriorYear |
| Investment Income Current Year | 28161832 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 4346757 | OtherRevenuePriorYear |
| Other Revenue Current Year | 5598302 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 121892265 | TotalRevenuePriorYear |
| Total Revenue Current Year | 147040712 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 42922221 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 45462302 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 51068736 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 51206192 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 3931927 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 42525934 | OtherExpensePriorYear |
| Other Expenses Current Year | 47887837 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 136516891 | TotalExpensesPriorYear |
| Total Expenses Current Year | 144556331 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -14624626 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 2484381 | RevenuesLessExpensesCY |
| Total Assets BOY | 713829643 | TotalAssetsBOY |
| Total Assets EOY | 777482718 | TotalAssetsEOY |
| Total Liabilities BOY | 185341137 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 181686224 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 528488506 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 595796494 | NetAssetsOrFundBalancesEOY |
| Mission Description | DEPAUW UNIVERSITY, A RESIDENTIAL LIBERAL ARTS COLLEGE WITH A SCHOOL OF MUSIC, COMBINES A CHALLENGING ACADEMIC EXPERIENCE, WITH A VIBRANT CAMPUS CULTURE KNOWN FOR DEVELOPING AND PREPARING ITS GRADUATES FOR A LIFETIME OF LEADERSHIP AND SUCCESS. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 128090083 | Expense |
| Grants | 45462302 | Grants |
| Revenue | 95651803 | Revenue |
| Description | DEPAUW UNIVERSITY IS A RESIDENTIAL LIBERAL ARTS COLLEGE WITH A SCHOOL OF MUSIC WHICH SERVES APPROXIMATELY 2,300 STUDENTS. DEPAUW PROVIDES A SET OF EXCEPTIONAL COLLEGE EXPERIENCES MARKED BY INTELLECTUAL RIGOR AND SHAPED BY A DYNAMIC FACULTY. THESE EXPERIENCES ARE FURTHER ENHANCED BY AN ENGAGING RESIDENTIAL CAMPUS COMMUNITY AND A BREADTH AND DEPTH OF PERSPECTIVES INSIDE AND OUTSIDE OF THE CLASSROOM. FOR NEARLY 175 YEARS, A DEPAUW EDUCATION HAS PROVIDED STUDENTS WITH A SOLID FOUNDATION FOR A LIFETIME OF LIVING, LEARNING AND ACHIEVING UNCOMMON SUCCESS IN A WIDE VARIETY OF FIELDS AROUND THE NATION AND THE WORLD. | Description |
| Total Program Service Expense | 128090083 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 503 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 2111 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Name Of Foreign Country | EI | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 35 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 35 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | false | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | IN | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | BRAD KELSHEIMER | NamePerson |
| Telephone Number | 7656584161 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 313 S LOCUST STREET | AddressLine1 |
| City | GREENCASTLE | City |
| State | IN | State |
| ZIP Code | 46135 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (49 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| LISA HENDERSON BENNETT | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| THOMAS W BOSWELL | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| SALLY G COWAL | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| BISHOP MICHAEL J COYNER | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| NEWTON F CRENSHAW | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| MARLETTA DARNALL | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| MATTHEW S DARNALL | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| JANE L EMISON | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| MARVIN E FLEWELLEN | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| JAMIE R GATES | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| ADAM M GILBERT | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| JUDSON C GREEN | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| MAX W HITTLE JR | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| R DAVID HOOVER | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| KATHRYN HUBBARD | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| MATTHEW R JENNINGS | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| JANET L JOHNS | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| KYLE E LANHAM | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| G RICHARD LOCKE III MD | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| ERIK G NELSON | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| MYRTA PULLIAM | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| MARSHALL W REAVIS IV | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| BLAIR A RIETH JR | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| DARLENE M RYAN | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| DOUGLAS I SMITH | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| JAMES G STEWART | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| R CLAY TAYLOR | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| LEE E TENZER | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| STEVEN L TRULASKE | |||||||
| CHAIR | 1.0 | X | 0 | 0 | 0 | X | |
| KATHY P VRABECK | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| SARAH R WALLACE | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| BAYARD H WALTERS | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| M SCOTT WELCH | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| ROBERT F WELLS | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| R LEE WILSON | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | ||
| BRIAN W CASEY | |||||||
| PRESIDENT | 40.0 | 384365 | 0 | 84310 | X | ||
| LISA A HOLLANDER | |||||||
| VP - DEVELOPMENT & ALUMNI | 40.0 | 222985 | 0 | 32083 | X | ||
| CYNTHIA A BABINGTON | |||||||
| VP - STUDENT LIFE | 40.0 | 142359 | 0 | 30453 | X | ||
| CHRISTOPHER J WELLS | |||||||
| VP - COMMUNICATION | 40.0 | 170501 | 0 | 34192 | X | ||
| DAVID T HARVEY | |||||||
| VP - ACADEMIC AFFAIRS | 40.0 | 138296 | 0 | 20130 | X | ||
| BRADLEY A KELSHEIMER | |||||||
| VP - FINANCE & ADMINISTRATION | 40.0 | 192598 | 0 | 34841 | X | ||
| DANIEL L MEYER | |||||||
| VP - ADMISSION & FINANCIAL AID | 40.0 | 149621 | 0 | 27999 | X | ||
| MARCIA LATTA - HIRED 22011 | |||||||
| VICE PRESIDENT FOR ADVANCEMENT | 40.0 | 0 | 0 | 0 | X | ||
| MICHAEL MAINE | |||||||
| SECRETARY | 1.0 | 0 | 0 | 0 | X | ||
| PAMELA J COBURN | |||||||
| JAMES B STEWART DISTINGUISHED | 20.0 | 162141 | 0 | 0 | X | ||
| GARY D LEMON | |||||||
| PROFESSOR OF ECONOMICS | 40.0 | 140441 | 0 | 27570 | X | ||
| ROBERT M STEELE | |||||||
| DIST PROF OF JOUNALISM ETHICS | 40.0 | 172193 | 0 | 29994 | X | ||
| CAROL L SMITH | |||||||
| CHIEF INFORMATION OFFICER | 40.0 | 137061 | 0 | 23940 | X | ||
| SCOTT A RIPPLE | |||||||
| MEDICAL DIRECTOR | 40.0 | 123320 | 0 | 16957 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2135881 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 362469 | TotalOtherCompensation |
| Number Individuals GT100 K | 33 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SODEXO INC AND AFFILIATES | |||||
| 9801 WASHINGTON BOULEVARD | GAITHERSBURG | MD | 20878 | FOOD SERVICE | 4323162 |
| GH PARTNERS LLC DBA DORA HOTEL CO | |||||
| 10734 SKY PRAIRIE STREET | FISHERS | IN | 46037 | INN MANAGEMENT | 468392 |
| NEUSTADT CREATIVE MARKETING | |||||
| 100 E PENNSYLVANIA AVENUE | TOWSON | MD | 21286 | CONSULTING | 351598 |
| SEMINARS INTERNATIONAL INC | |||||
| 33 WEST MONROE STREET | CHICAGO | IL | 60603 | STUDENT TRAVEL | 326700 |
| ROYALL COMPANY | |||||
| 1920 E PARHAM ROAD | RICHMOND | VA | 23228 | CONSULTING | 251383 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 28 | NumberOfContractorsGT100K |
| Government Grants | 481136 | GovernmentGrants |
| All Other Contributions | 18787337 | AllOtherContributions |
| Noncash Contributions | 1479858 | NoncashContributions |
| Total Contributions | 19268473 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 611710 | 81001911 | 81001911 |
| AUXILIARY SERVICES | 611710 | 13010194 | 13010194 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 94012105 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7150025 | TotalRevenueColumn |
| Unrelated Business Revenue | 63150 | UnrelatedBusinessRevenue |
| Exclusion | $7,086,875 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 101817366 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 80805559 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 21011807 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 21011807 | TotalRevenueColumn |
| Exclusion | $21,011,807 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|
| CONFERENCES & CATERING | 722320 | 240772 | 240772 | |
| INN AT DEPAUW | 721110 | 1384811 | 1384811 | |
| OTHER INCOME | 611710 | 3958604 | $3,958,604 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 14115 | TotalRevenueColumn |
| Unrelated Business Revenue | 14115 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 5598302 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 147040712 | TotalRevenueColumn |
| Related Or Exempt Function Income | 94012105 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 1702848 | UnrelatedBusinessRevenue |
| Exclusion | $32,057,286 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45462302 | Total |
| Program Services | 45462302 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1664733 | Total |
| Program Services | 532715 | ProgramServices |
| Management And General | 815719 | ManagementAndGeneral |
| Fundraising | 316299 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36626352 | Total |
| Program Services | 31691869 | ProgramServices |
| Management And General | 3149744 | ManagementAndGeneral |
| Fundraising | 1784739 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3788168 | Total |
| Program Services | 3202881 | ProgramServices |
| Management And General | 355724 | ManagementAndGeneral |
| Fundraising | 229563 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6375240 | Total |
| Program Services | 5293699 | ProgramServices |
| Management And General | 702316 | ManagementAndGeneral |
| Fundraising | 379225 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2751699 | Total |
| Program Services | 2326550 | ProgramServices |
| Management And General | 258396 | ManagementAndGeneral |
| Fundraising | 166753 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4274299 | Total |
| Program Services | 4273891 | ProgramServices |
| Management And General | 408 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 163885 | Total |
| Program Services | 10086 | ProgramServices |
| Management And General | 153799 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 211719 | Total |
| Management And General | 211719 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2644877 | Total |
| Management And General | 2644877 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1595886 | Total |
| Program Services | 760112 | ProgramServices |
| Management And General | 723430 | ManagementAndGeneral |
| Fundraising | 112344 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 230953 | Total |
| Program Services | 147010 | ProgramServices |
| Management And General | 83943 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1371789 | Total |
| Program Services | 965047 | ProgramServices |
| Management And General | 342160 | ManagementAndGeneral |
| Fundraising | 64582 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 970324 | Total |
| Program Services | 486691 | ProgramServices |
| Management And General | 483633 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6747936 | Total |
| Program Services | 6002860 | ProgramServices |
| Management And General | 612692 | ManagementAndGeneral |
| Fundraising | 132384 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1956502 | Total |
| Program Services | 1698388 | ProgramServices |
| Management And General | 78982 | ManagementAndGeneral |
| Fundraising | 179132 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5851951 | Total |
| Program Services | 5522769 | ProgramServices |
| Management And General | 285330 | ManagementAndGeneral |
| Fundraising | 43852 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8171811 | Total |
| Program Services | 7734659 | ProgramServices |
| Management And General | 378986 | ManagementAndGeneral |
| Fundraising | 58166 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 530974 | Total |
| Program Services | 517942 | ProgramServices |
| Management And General | 11296 | ManagementAndGeneral |
| Fundraising | 1736 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| PROGRAMS & ACTIVITIES | 6529201 | 6457721 | 59377 | 12103 |
| MEMBERSHIPS | 1162334 | 914193 | 245028 | 3113 |
| PRINTING & PUBLICATIONS | 680550 | 456607 | 131162 | 92781 |
| POSTAGE & SHIPPING | 527932 | 225438 | 22727 | 279767 |
| OTHER EXPENSES | 4264914 | 3406653 | 782873 | 75388 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 144556331 | Total |
| Program Services | 128090083 | ProgramServices |
| Management And General | 12534321 | ManagementAndGeneral |
| Fundraising | 3931927 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11850 | BOY |
| EOY | 126511 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9302380 | BOY |
| EOY | 14738982 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8449644 | BOY |
| EOY | 10109194 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1673147 | BOY |
| EOY | 1730721 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1926952 | BOY |
| EOY | 1619753 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 261724 | BOY |
| EOY | 247730 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1854244 | BOY |
| EOY | 1971540 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 343819721 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 132494809 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 217461825 | BOY |
| EOY | 211324912 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 205493931 | BOY |
| EOY | 251873533 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 225898170 | BOY |
| EOY | 244025273 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6332172 | BOY |
| EOY | 6363317 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35163604 | BOY |
| EOY | 33351252 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 713829643 | BOY |
| EOY | 777482718 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6771332 | BOY |
| EOY | 8051830 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 135811194 | BOY |
| EOY | 133017878 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42758611 | BOY |
| EOY | 40616516 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 185341137 | BOY |
| EOY | 181686224 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 224462976 | BOY |
| EOY | 254090337 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46725720 | BOY |
| EOY | 73313826 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 257299810 | BOY |
| EOY | 268392331 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 528488506 | BOY |
| EOY | 595796494 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 713829643 | BOY |
| EOY | 777482718 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 2484381 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 64823607 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 3136141 | AssetsInPartX |
Held Works Of Art Amts HeldWorksOfArtAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 0 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 435053793 | BeginningOfYearBalance |
| Contributions | 6593597 | Contributions |
| Investment Earnings Or Losses | 87755853 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 25837603 | GrantsOrScholarships |
| Administrative Expenses | 2644877 | AdministrativeExpenses |
| End Of Year Balance | 500920763 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 425363509 | BeginningOfYearBalance |
| Contributions | 3476417 | Contributions |
| Investment Earnings Or Losses | 34666064 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 23249440 | GrantsOrScholarships |
| Other Expenditures | 3547054 | OtherExpenditures |
| Administrative Expenses | 1655703 | AdministrativeExpenses |
| End Of Year Balance | 435053793 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 544533845 | BeginningOfYearBalance |
| Contributions | 2712170 | Contributions |
| Investment Earnings Or Losses | -94499458 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 21553989 | GrantsOrScholarships |
| Other Expenditures | 3288387 | OtherExpenditures |
| Administrative Expenses | 2540672 | AdministrativeExpenses |
| End Of Year Balance | 425363509 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.43070 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.51630 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.05300 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | true | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9942948 | OtherCostOrOtherBasis |
| Book Value | 9942948 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 292801158 | OtherCostOrOtherBasis |
| Depreciation | 116334795 | Depreciation |
| Book Value | 176466363 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2355130 | OtherCostOrOtherBasis |
| Depreciation | 935733 | Depreciation |
| Book Value | 1419397 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 38720485 | OtherCostOrOtherBasis |
| Depreciation | 15224281 | Depreciation |
| Book Value | 23496204 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 211324912 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| ALT INV - PRIVATE EQUITY | 101117799 |
| ALT INV - REAL ASSETS | 69574074 |
| ALT INV - HEDGE FUNDS | 73333400 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 244025273 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ADVANCES FROM GRANTS HELD FOR | $300,487 |
| ANNUITY & TRUST LIABILITY | $13,769,878 |
| ADVANCES FROM FEDERAL GOVERNME | $3,670,970 |
| ACCUMULATED POSTRETIREMENT BEN | $22,875,181 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 40616516 | TotalOfAmounts |
| Total Revenue | 147040712 | TotalRevenue |
| Total Expenses | 144556331 | TotalExpenses |
| Excess Or Deficit For Year | 2484381 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 55825863 | NetUnrealizedGLOnInvestments |
| Other | $8,997,744 | OtherAmount |
| Total Adjustments | 64823607 | TotalAdjustments |
| Excess Or Deficit Per FS | 67307988 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 154759396 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 55825863 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 55825863 | RevenueNotRptdF990 |
| Revenue Subtotal | 98933533 | RevenueSubtotal |
| Investment Expenses Not Included | 2644877 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 45462302 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 48107179 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 147040712 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 96449152 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 96449152 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 2644877 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 45462302 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 48107179 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 144556331 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF THE ORGANIZATION'S COLLECTION | SCHEDULE D, PART III, QUESTION 4 | THE UNIVERSITY'S COLLECTIONS INCLUDE WORKS OF ART USED FOR INSTRUCTION, SCHOLARLY RESEARCH, AND PUBLIC EXHIBITION. |
| INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS | SCHEDULE D, PART V, QUESTION 4 | THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 1,100 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE GOVERNING BODY TO FUNCTION AS ENDOWMENTS (BOARD-DESIGNATED ENDOWMENT FUNDS). AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA (GAAP), NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING BOARD-DESIGNATED ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE UNIVERSITY'S GOVERNING BODY HAS INTERPRETED THE STATE OF INDIANA PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (SPMIFA) AS REQUIRING PRESERVATION OF THE FAIR VALUE OF THE ORIGINAL GIFT AS OF THE GIFT DATE OF THE DONOR-RESTRICTED ENDOWMENT FUNDS ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. AS A RESULT OF THIS INTERPRETATION, THE UNIVERSITY CLASSIFIES A PERMANENTLY RESTRICTED NET ASSETS (A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT AND (C) ACCUMULATIONS TO THE PERMANENT ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME THE ACCUMULATION IS ADDED TO THE FUND. THEIR REMAINING PORTION OF DONOR-RESTRICTED ENDOWMENT FUNDS IS CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY THE UNIVERSITY IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY SPMIFA. IN ACCORDANCE WITH SPMIFA, THE UNIVERSITY CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR-RESTRICTED ENDOWMENT FUNDS: 1. DURATION AND PRESERVATION OF THE FUND 2. PURPOSES OF THE UNIVERSITY AND THE FUND 3. GENERAL ECONOMIC CONDITIONS 4. POSSIBLE EFFECT OF INFLATION AND DEFLATION 5. EXPECTED TOTAL RETURN FROM INVESTMENT INCOME AND APPRECIATION OR DEPRECIATION OF INVESTMENTS 6. OTHER RESOURCES OF THE UNIVERSITY 7. INVESTMENT POLICIES OF THE UNIVERSITY FIN 48 DISCLOSURE SCHEDULE D, PART X MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. |
| RECONCILIATION OF CHANGE IN NET ASSETS | SCHEDULE D, PART XI, QUESTION 8 | GAIN ON INTEREST RATE SWAP 2,508,316 CHANGE IN POSTRETIREMENT BENEFIT OBLIGATIONS 2,898,038 CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 3,591,390 --------- 8,997,744 |
| RECONCILIATION OF CHANGE IN REVENUE & EXPENSES | SCHEDULE D, PART XII & PART XIII, QUESTION 4B | SCHOLARSHIPS 45,462,302 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PUBLICATION OF THE ORGANIZATION'S RACIALLY NONDISCRIMINATORY POLICY | Identifier |
| Return Reference | SCHEDULE E, QUESTION 3 | ReturnReference |
| Explanation | THE UNIVERSITY'S NONDISCRIMINATORY POLICY IS PUBLICIZED ON ITS WEBSITE AND IN MARKETING MATERIALS. FINANCIAL AID RECEIVED FROM A GOVERNMENTAL AGENCY SCHEDULE E, QUESTION 6A THE UNIVERSITY OFFERS FINANCIAL ASSISTANCE IN THE FORM OF FEDERAL AND STATE ASSISTANCE, SCHOLARSHIPS, GRANTS AND LOANS TO STUDENTS BASED UPON ACADEMIC EXCELLENCE OR FINANCIAL NEED. | Explanation |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (5 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | 0 | 0 | Program Services | EDUCATION | 349186 |
| East Asia and the Pacific | 0 | 0 | Program Services | EDUCATION | 132567 |
| Central America and the Caribbean | 0 | 0 | Program Services | EDUCATION | 2934 |
| South America | 0 | 0 | Program Services | EDUCATION | 21134 |
| Central America and the Caribbean | Investments | 62501343 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 63007164 | SubtotalAmountSpent |
| Total Amount Spent | 63007164 | TotalAmountSpent |
| Transfer To Foreign Corp | true | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | true | OwnForeignCorp |
| Passive Foreign Invest Co | true | PassiveForeignInvestCo |
| Foreign Partnership | true | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS AND FINANCIAL AID | TypeOfGrant |
| Number Of Recipients | 2324 | NumberOfRecipients |
| Amount Of Cash Grant | 45462302 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S. | Identifier |
| Return Reference | SCHEDULE I, PART I, QUESTION 2 | ReturnReference |
| Explanation | THE UNIVERSITY PROVIDES SCHOLARSHIPS AND FINANCIAL AID TO STUDENTS BASED ON NEED AND MERIT. THE FUNDS ARE CREDITED DIRECTLY TO THE STUDENT'S ACCOUNT. RECORDS ARE MAINTAINED IN ACCORDANCE WITH UNIVERSITY RETENTION AND DESTRUCTION POLICY. THE UNIVERSITY'S FINANCIAL AID DEPARTMENT ADHERES STRICTLY TO ALL FEDERAL AND STATE REGULATIONS AND IS SUBJECT TO THE COMPLIANCE AND INTERNAL CONTROLS OF OMB-A133, IN WHICH THEY FOLLOW ALL APPLICABLE GUIDELINES. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | true | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (11 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BRIAN W CASEY | |||||||||||
| 272296 | 0 | 100000 | 0 | 12069 | 0 | 57100 | 0 | 27210 | 0 | 468675 | 0 |
| LISA A HOLLANDER | |||||||||||
| 220825 | 0 | 0 | 0 | 2160 | 0 | 18000 | 0 | 14083 | 0 | 255068 | 0 |
| CYNTHIA A BABINGTON | |||||||||||
| 140267 | 0 | 0 | 0 | 2092 | 0 | 11640 | 0 | 18813 | 0 | 172812 | 0 |
| CHRISTOPHER J WELLS | |||||||||||
| 160109 | 0 | 10000 | 0 | 392 | 0 | 13400 | 0 | 20792 | 0 | 204693 | 0 |
| PAMELA J COBURN | |||||||||||
| 159795 | 0 | 0 | 0 | 2346 | 0 | 0 | 0 | 0 | 0 | 162141 | 0 |
| GARY D LEMON | |||||||||||
| 138314 | 0 | 0 | 0 | 2127 | 0 | 11293 | 0 | 16277 | 0 | 168011 | 0 |
| ROBERT M STEELE | |||||||||||
| 169603 | 0 | 0 | 0 | 2590 | 0 | 14000 | 0 | 15994 | 0 | 202187 | 0 |
| CAROL L SMITH | |||||||||||
| 135621 | 0 | 0 | 0 | 1440 | 0 | 11240 | 0 | 12700 | 0 | 161001 | 0 |
| DAVID T HARVEY | |||||||||||
| 137560 | 0 | 0 | 0 | 736 | 0 | 11240 | 0 | 8890 | 0 | 158426 | 0 |
| BRADLEY A KELSHEIMER | |||||||||||
| 190420 | 0 | 0 | 0 | 2178 | 0 | 15800 | 0 | 19041 | 0 | 227439 | 0 |
| DANIEL L MEYER | |||||||||||
| 122316 | 0 | 0 | 0 | 27305 | 0 | 10333 | 0 | 17666 | 0 | 177620 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| OTHER BENEFITS | SCHEDULE J, PART I, LINE 1A | COLUMBIA CLUB DUES WERE PAID FOR PRESIDENT BRIAN CASEY FOR BUSINESS PURPOSES ONLY. PRESIDENT CASEY IS ALSO PROVIDED HOUSING, IN THE AMOUNT OF $16,500, CONTIGUOUS TO CAMPUS AS A CONDITION OF HIS EMPLOYMENT. THE HOUSING IS FURNISHED FOR THE CONVENIENCE OF THE UNIVERSITY AND IS THEREFORE NOT INCLUDED ON HIS W-2. PRESIDENT CASEY ALSO RECEIVED TAX PREPARATION, FINANCIAL, AND ESTATE PLANNING SERVICES, WHICH HAVE BEEN INCLUDED IN HIS W-2. |
| SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN | SCHEDULE J, PART I, QUESTION 4B | CONTRIBUTIONS WERE MADE ON BEHALF OF PRESIDENT CASEY FOR A 457(F) PLAN IN THE AMOUNT OF $37,500. |
| NON-FIXED PAYMENTS | SCHEDULE J, PART I, QUESTION 7 | PRESIDENT CASEY IS CONSIDERED FOR AN INCENTIVE BONUS EACH ACADEMIC YEAR, MEASURED BY THE ACHEIVEMENT OF ANNUAL AND STRATEGIC GOALS, AS ESTABLISHED WITH THE CHAIR OF THE BOARD OF TRUSTEES AND THE PRESIDENT AND APPROVED BY THE EXECUTIVE COMPENSATION COMMITTEE. PRESIDENT CASEY'S BONUS INCLUDES $37,500 FOR THE YEAR ENDING 6/30/2009 AND $62,500 FOR THE YEAR ENDING 6/30/2010. BOTH PAYMENTS ARE INCLUDED IN HIS 2010 CALENDAR YEAR W-2. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| INDIANA FINANCE AUTHORITY | |||||||
| 351602316 | 455057NJ4 | 2008-04-30 | 84555000 | CURRENT REFUNDING 2006 BOND | false | false | false |
| INDIANA FINANCE AUTHORITY | |||||||
| 351602316 | 455057WG0 | 2009-12-01 | 44315803 | CURRENT REFUNDING 2008 & 1999 | false | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|
| 84555000 | 584512 | true | false | true | true |
| 44315803 | 477972 | true | false | true | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Total Private Business UseTotalPrivateBusinessUse |
|---|---|---|---|---|---|---|---|
| false | false | false | false | true | true | ||
| false | false | false | false | true | true | 0.00900 | 0.00900 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| false | true | false | false | false | true |
| false | false | false | false | false | true |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 67 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1326858 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther |
Real Estate Residential RealEstateResidential
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 153000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts | |
| Number Of8283 Received | 4 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | USE OF THIRD PARTIES TO SELL NONCASH CONTRIBUTIONS | Identifier |
| Return Reference | SCHEDULE M, PART I, QUESTION 32B | ReturnReference |
| Explanation | THE FOLLOWING BROKERS ARE USED TO LIQUIDATE GIFTS OF SECURITIES: EDWARD JONES; MERRILL LYNCH; ROBERT W. BAIRD & COL; MORGAN STANLEY/SMITH BARNEY; NATIONAL CITY INVESTMENTS; NEUBERGER BERMAN; NORTHERN TRUST; CHARLES SCHWAB AND CO.; UBS FINANCIAL SERVICES; WELLS FARGO SECURITIES. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| FAMILY OR BUSINESS RELATIONSHIPS WITH OFFICERS, DIRECTORS, TRUSTEES | FORM 990, PART VI, QUESTION 2 | MARLETTA DARNALL AND MATTHEW S. DARNALL HAVE A FAMILY RELATIONSHIP. MAX W. HITTLE, JR. AND R. DAVID HOOVER HAVE A BUSINESS RELATIONSHIP. NEWTON CRENSHAW AND DAVID HOOVER HAVE A BUSINESS RELATIONSHIP. |
| PROCESS TO REVIEW FORM 990 | FORM 990, PART VI, QUESTION 11B | THE FORM 990 AND RELATED SCHEDULES UNDERGO A THOROUGH REVIEW BY THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION AND THE AUDIT AND RISK MANAGEMENT COMMITTEE. FOLLOWING THIS REVIEW, THE EXECUTIVE COMMITTEE REVIEWS THE FORM AND ALL SCHEDULES, EXCEPT FOR SCHEDULE B. THE FORM AND ALL SCHEDULES, EXCEPT FOR SCHEDULE B, IS THEN PROVIDED TO ALL MEMBERS OF THE BOARD OF TRUSTEES. THE ENTIRE BOARD OF TRUSTEES APPROVES THE FORM 990 PRIOR TO SUBMISSION TO THE IRS. |
| MONITORING AND ENFORCEMENT OF COMPLIANCE WITH CONFLICT OF INTEREST POLICY | FORM 990, PART VI, QUESTION 12C | THE VICE PRESIDENT OF ACADEMIC AFFAIRS AND THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION COLLECTS THE ANNUAL CONFLICT OF INTEREST DISCLOSURE FORMS AND CONDUCTS AN INITIAL REVIEW OF EACH CONFLICT OF INTEREST DISCLOSURE TO DETERMINE IF A POTENTIAL CONFLICT APPEARS TO EXIST, OR, IN FACT, EXISTS. CONFLICT OF INTEREST RESPONSES FOR THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION AND THE CHAIR OF THE BOARD OF TRUSTEES ARE SUBMITTED TO THE CHAIR OF THE AUDIT AND RISK MANAGEMENT COMMITTEE FOR REVIEW. IN ADDITION, A SUMMARY OF ALL CONFLICTS OF INTEREST IS PRESENTED ANNUALLY TO THE CHAIR OF THE AUDIT AND RISK MANAGEMENT COMMITTEE. IF NECESSARY, THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION WORKS WITH THE CHAIR OF THE AUDIT COMMITTEE AND/OR THE CHAIR OF THE BOARD OF TRUSTEES TO DETERMINE THE NECESSARY ACTION. IN ADDITION TO REVIEWING THE CONFLICT OF INTEREST SUBMISSIONS, THE FINANCE DEPARTMENT ANNUALLY REVIEWS A LISTING OF VENDORS PAID TO IDENTIFY ANY POTENTIAL CONFLCIT OF INTERESTS. |
| PROCESS TO DETERMINE PRESIDENT & OFFICER COMPENSATION | FORM 990, PART VI, QUESTIONS 15A & 15B | UNIVERSITY BYLAWS ESTABLISH A SUBCOMMITTEE OF THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES TO BE DESIGNATED AS THE EXECUTIVE COMPENSATION COMMITTEE. THIS COMMITTEE ANNUALLY DETERMINES THE COMPENSATION TO BE PAID TO THE EXECUTIVE OFFICERS OF THE UNIVERSITY. COMPENSATION REFLECTS COMPARABLE MARKET DATA, INDIVIDUAL AND ORGANIZATIONAL PERFORMANCE. MARKET DATA INCLUDES COMPENSATION AND BENEFIT INFORMATION FROM MEMBER INSTITUTIONS OF THE GREAT LAKES COLLEGES ASSOCIATION (GLCA) AND VERIFIABLE COMPENSATION AND BENEFIT INFORMATION OBTAINED FROM OTHER SELECTED PEER LIBERAL ARTS COLLEGES. |
| AVAILABILITY OF GOVERNING DOCUMENTS, COI POLICY, FORM 990, & FIN STMTS | FORM 990, PART VI, QUESTION 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE ALL AVAILABLE UPON REQUEST. THE FORM 990 IS AVAILABLE ON THE UNIVERSITY'S WEBSITE. |
| CHANGE IN NET ASSETS OR FUND BALANCES | FORM 990, PART XI, QUESTION 5 | UNREALIZED GAIN: $55,825,863 GAIN ON INTEREST RATE SWAP 2,508,316 CHANGE IN POSTRETIREMENT BENEFIT OBLIGATIONS 2,898,038 CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 3,591,390 ----------- TOTAL CHANGE IN NET ASSETS OR FUND BALANCES $64,823,607 |
| DESCRIPTION OF PURPOSE | SCHEDULE K, PART I, COLUMN (F) | BOND A: CURRENT REFUNDING OF 2006 BOND, ISSUED JANUARY 11, 2006 BOND B: CURRENT REFUNDING OF A PORTION OF 2008 BONDS ISSUED ON APRIL 30, 2008, CURRENT REFUNDING OF 1999 BONDS ISSUED FEBRUARY 11, 1999 AND REFINANCING TAXABLE LINE OF CREDIT |
| ISSUANCE COSTS FROM PROCEEDS | SCHEDULE K, PART II, LINE 7 | BOND A: LETTER OF CREDIT FEES $127,943 BANK COUNSEL FEES 42,000 UNDERWRITER'S DISCOUNT 211,388 COSTS OF ISSUANCE 203,182 -------- ISSUANCE COSTS FROM PROCEEDS $584,512 BOND B: UNDERWRITER'S DISCOUNT $307,306 COSTS OF ISSUANCE 170,666 -------- ISSUANCE COSTS FROM PROCEEDS $477,972 |