2012-11-14T10:23:48-06:00 2012-06-30 621336737 CROSSLIN & ASSOCIATES PC 2525 WEST END AVE SUITE 1100 NASHVILLE TN 37203 990 2011-07-01 620202000 FISK UNIVERSITY FISK 6153298500 1000 17TH AVENUE NASHVILLE TN 37208 GARY MOORE 6153298500 2012-11-14 1 RICHARD M WINSTEAD P00231865 6153205500 2011 2016-02-24 21:20:13Z GARY MOORE 1000 17TH AVENUE NASHVILLE TN 37208 26873067 0 X WWW.FISK.EDU X INSTITUTION 1867 TN FISK UNIVERSITY PRODUCES GRADUATES FROM DIVERSE BACKGROUNDS WITH THE INTEGRITY AND INTELLECT REQUIRED FOR SUBSTANTIVE CONTRIBUTIONS TO SOCIETY. 26 23 458 2 0 0 11914376 12319977 10592138 10031568 77798 84566 3859207 4436956 26443519 26873067 4594818 4603494 0 0 10909951 11613596 0 0 573729 14400363 14412352 29905132 30629442 -3461613 -3756375 105843214 98829068 20168854 17119876 85674360 81709192 X FISK UNIVERSITY PRODUCES GRADUATES FROM DIVERSE BACKGROUNDS WITH THE INTEGRITY AND INTELLECT REQUIRED FOR SUBSTANTIVE CONTRIBUTIONS TO SOCIETY. OUR CURRICULUM IS GROUNDED IN THE LIBERAL ARTS. OUR FACULTY AND ADMINISTRATORS EMPHASIZE THE DISCOVERY AND ADVANCEMENT OF KNOWLEDGE THROUGH RESEARCH IN THE NATURAL AND SOCIAL SCIENCES, BUSINESS AND THE HUMANITIES. WE ARE COMMITTED TO THE SUCCESS OF SCHOLARS AND LEADERS WITH GLOBAL PERSPECTIVE. THE D.E.T.A.I.L.S. REPRESENTS FISK'S CORE VALUES. OUR VALUES REFLECT OUR OVERALL ETHICAL AND MORAL ENGAGEMENT. WE, THE FISK FAMILY, SEEK TO INTERNALIZE THESE PRINCIPLES AND APPLY THEM IN OUR DAY-TO-DAY WORK AND IN OUR LIVES. DIVERSITY WE BELIEVE THAT OUR INDIVIDUAL DIFFERENCES ARE A COLLECTIVE STRENGTH. WE WILL SUPPORT AND ENCOURAGE DIVERSITY OF OPINION, OF CULTURE AND AIDS US IN BUILDING A COLLECTIVE WISDOM THAT RESULTS IN MORE POWERFUL AND RELEVANT SOLUTIONS TO OUR CHALLENGES. EXCELLENCE WE BELIEVE THAT EXCELLENCE IS THE RESULT OF A LIFELONG PURSUIT OF 0 0 24611185 10031568 THE ORGANIZATION IS AN INSTITUTION OF HIGHER EDUCATION ANDPROVIDES INSTRUCTION SCHOLARSHIPS AND VARIOUS SUPPORTSERVICES IN ACHIEVING ITS PRIMARY PURPOSE OF EDUCATINGSTUDENTS. 24611185 1 1 0 0 0 0 0 1 0 1 1 1 1 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 107 0 1 458 1 0 0 0 0 0 0 0 0 X 26 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X GARY MOORE 6153298604 1000 17TH AVENUE NASHVILLE TN 37208 CAMILLE BENBOW 1.00 X 0 0 0 JOHN BLUFORD 1.00 X 0 0 0 BARBARA BOWLES 1.00 X 0 0 0 ALMA ARRINGTON BROWN 1.00 X 0 0 0 LINDA COLEMAN 1.00 X 0 0 0 WARREN COLLINS 40.00 X 131646 0 0 MIKE CURB 1.00 X 0 0 0 CHERYL DANIEL 1.00 X 0 0 0 ADENIKE DAVIDSON 40.00 X 60450 0 0 HOWARD GENTRY JR 1.00 X 0 0 0 EDWARD GEORGE 1.00 X 0 0 0 EDDIE D HAMILTON 1.00 X 0 0 0 MICHAEL HAMPTON 1.00 X 0 0 0 ROBERT I HANFLING 1.00 X 0 0 0 KASE L LAWAL 1.00 X 0 0 0 ROBERT L MALLETT 1.00 X 0 0 0 LEATRICE B MCKISSACK 1.00 X 0 0 0 PATRICIA CASTLES MEADOWS 1.00 X 0 0 0 LESLIE MEEK 1.00 X 0 0 0 JOAN THOMPSON MOBLEY 1.00 X 0 0 0 GREGG F MORTON 1.00 X 0 0 0 ROBERT NORTON 1.00 X 0 0 0 HAZEL O'LEARY 40.00 X X 231975 0 0 P ANDREW PATTERSON 1.00 X 0 0 0 MICHAEL REEVES 1.00 X 0 0 0 PERIAN STRANG 1.00 X 0 0 0 ARNOLD BURGER 40.00 X 150951 0 7725 CLANCY ROBERTS 40.00 X 96543 0 0 GARY MOORE 40.00 X 31099 0 0 PRINCILLA EVANS-MORRIS 40.00 X 97950 0 0 EDWINA HAMBY 40.00 X 28767 0 0 MICHAEL SELF 40.00 X 89708 0 0 JASON MERIWETHER 40.00 X 82717 0 0 1001806 0 7725 3 0 1 0 BLUECROSS BLUESHIELD OF TN PO BOX 180172 CHATTANOOGA TN 374017172 BENEFITS 970903 THOMPSON HOSPITALITY 505 HUNTMAR PARK DRIVE SUITE 350 HERNDON VA 20170 FOOD SERVICES 899919 GCA SERVICES GROUP PO BOX 534198 ATLANTA GA 303534198 JANITORIAL SERVICES 406825 JIM CLARK BUILDERS INC PO BOX 2243 BRENTWOOD TN 37024 CONSTRUCTION 354179 HONEYWELL INC 12490 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 MAINTENANCE SERVICES 248601 5 8854850 3465127 12319977 TUITION AND FEES 611310 10031568 10031568 10031568 84566 84566 AUXILLIARY INCOME 900099 3131032 3131032 OTHER INCOME 900099 1305924 1305924 4436956 26873067 14468524 0 84566 4603494 4603494 1046453 324743 721710 8647695 7118774 1104270 424651 1919448 1523592 346724 49132 335020 204 309024 25792 207813 177477 30336 125820 125820 8882 8363 519 802958 690324 86406 26228 45222 45222 1887664 1316703 570961 658418 617081 35208 6129 41180 36291 3257 1632 506813 428541 78272 2955032 2541327 413705 353753 234291 119462 FOOD SERVICES 1232141 924106 308035 CONTRACT SERVICES 1014537 747999 238149 28389 STIPEND 780842 753663 27179 MISCELLANEOUS 779839 640158 139588 93 2676418 1878832 785903 11683 30629442 24611185 5444528 573729 2210018 17326652 4178944 3693865 346123 339792 717156 795224 79560620 56243748 24800150 23316872 5689328 15455168 67901495 37901495 105843214 98829068 5381063 4330129 1888809 1869677 8070000 7755000 4828982 3165070 20168854 17119876 X 68447606 60512039 4701420 3964328 12525334 17232825 85674360 81709192 105843214 98829068 X -3756375 -208793 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7901495 X X X X X EDUCATIONAL OUTREACH PROGRAM 0 13438891 4707491 34977 159717 18021642 12611220 333711 590239 96279 13438891 12141741 266121 340558 137200 12611220 12431114 393527 -364075 118825 200000 12141741 0.95620 0.04380 0 0 123350 1009188 1132538 50259924 32120292 18139632 24946824 22266591 2680233 3221334 1856865 1364469 23316872 MONEY MARKET FUNDS 11275996 F CORPORATE STOCKS 812223 F STOCK FUNDS 3366949 F 15455168 VARIOUS ART COLLECTIONS 7901495 F INVESTMENT IN AFFILIATE 30000000 C 37901495 DEPOSITS HELD IN CUSTODY 61913 ADV. FROM FED GOVT. FOR PERKIN 356578 BANK LINE OF CREDIT 2724831 CAPITAL LEASE OBLIGATION 21748 3165070 26873067 30629442 -3756375 -208793 -208793 -3965168 21477516 -84566 -4603494 -4688060 26165576 707491 707491 26873067 26025948 0 26025948 4603494 4603494 30629442 PART III, LINE 4: FISK UNIVERSITY GALLERIES PROVIDE A WELCOMING ENVIRONMENT AND FOSTERS AN APPRECIATION AND UNDERSTANDING OF ART THROUGH EXHIBITIONS, CLASSROOM INSTRUCTION, EDUCATIONAL PROGRAMS, AND RESEARCH. THE FISK ART COLLECTION CONSISTS OF MORE THAN 4000 WORKS OF ART - PAINTINGS, PRINTS, DRAWINGS, SCULPTURES, PHOTOGRAPHS, HISTORICAL ARTIFACTS AND OTHER OBJECTS - FROM CULTURES ACROSS THE GLOBE. MAJOR COLLECTIONS INCLUDE THE ALFRED STIEGLTIZ COLLECTION OF MODERN ART, THE HARMON FOUNDATION COLLECTION OF AFRICAN AMERICAN ART, THE LIFF FAMILY COLLECTION OF AFRICAN ART, AND THE WINOLD REISS PORTRAIT COLLECTION AMONG MANY OTHERS. WORKS FROM THE COLLECTION ARE EXHIBITED REGULARLY IN PERMANENT AND TEMPORARY EXHIBITIONS AT THE UNIVERSITY'S AARON DOUGLAS AND CARL VAN VECHTEN GALLERIES. THEY ARE ALSO OCCASIONALLY LOANED FOR TEMPORARY EXHIBITION AT ACCREDITED MUSEUMS ACROSS THE UNITED STATES. THE GALLERIES ALSO SEEK TO RAISE AWARENESS AND SUPPORT AN APPRECIATION OF ART THROUGH THE CONTINUED ACQUISITION AND PRESERVATION OF WORKS OF ART RECEIVED AS DONATIONS TO FISK UNIVERSITY GALLERIES. THE COLLECTIONS AND ANY BENEFITS FROM THE ART WILL BE USED FOR THE MISSION OF THE UNIVERSITY. PART XII, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSE NETTED AGAINST REVENUE -4,603,494. PART XII, LINE 4B - OTHER ADJUSTMENTS: NON-OPERATING CONTRIBUTIONS 707,491. PART XIII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSE NETTED AGAINST REVENUE 4,603,494. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE COLLEGE'S NONDISCRIMINATORY POLICY IS PRINTED IN THE "EMPLOYEE POLICIES AND PROCEDURES" MANUAL AS WELL AS THE STUDENT HANDBOOK. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THROUGH AN APPROVED PROGRAM PARTICIPATION AGREEMENT (PPA) WITH THE U.S. DEPARTMENT OF EDUCATION (DOE), FISK UNIVERSITY IS APPROVED TO PARTICIPATE IN ALL FEDERAL TITLE IV STUDENT FINANCIAL AID PROGRAMS AND WAS AWARDED A TITLE III GRANT FROM THE DOE UNDER "STRENGTHENING HISTORICALLY BLACK COLLEGES AND MINORITY SERVING INSTITUTIONS." 1 SCHOLARSHIPS & FELLOWSHIPS FOR STUDENTS ATTENDING 351 4603494 N/A N/A PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE OFFICE OF SPONSORED PROGRAMS IS RESPONSIBLE FOR ENSURING THAT AUDITABLE RECORDS ARE MAINTAINED IN SUPPORT OF ALL DIRECT AND INDIRECT CHARGES TO GRANTS, CONTRACTS, OR AGREEMENTS. THE PRINCIPAL INVESTIGATOR INITIALLY APPROVES ALL EXPENDITURES OF A SPONSORED PROJECT AND IS RESPONSIBLE FOR DETERMINING WHETHER THE SPONSOR WILL ALLOW AN ITEM OF DIRECT COST, BEFORE THE EXPENDITURE IS PROCESSED. IN ADDITION, THESE EXPENDITURES ARE ALSO CLOSELY REVIEWED AND MONITORED BY THE OFFICE OF SPONSORED PROGRAMS BEFORE THE EXPENDITURE REQUISITION IS APPROVED FOR PAYMENT TO ENSURE THAT THE GRANT FUNDS ARE PROPERLY UTILIZED FOR THE PURPOSES SPECIFIED IN THE GRANT CONTRACT/AGREEMENT. X 1 1 X X X 0 0 0 0 0 0 0 0 0 HAZEL O'LEARY 231975 0 0 0 0 0 0 0 0 0 231975 0 0 0 ARNOLD BURGER 150951 0 0 0 0 0 0 0 7725 0 158676 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 AS AUTHORIZED BY THE BOARD OF TRUSTEES, A COPY OF THE FORM 990 IS DISTRIBUTED TO THE AUDIT COMMITTEE FOR CHANGES AND APPROVAL DURING NOVEMBER 2012. COPIES OF THE FORM 990 ARE AVAILABLE TO THE FULL BOARD OF TRUSTEES UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C THE FISK UNIVERSITY ("FISK" OR THE "UNIVERSITY") BOARD OF TRUSTEES (THE "BOARD") HAS ADOPTED A CONFLICT OF INTEREST POLICY (THE "POLICY") THAT IS CURRENTLY IN EFFECT. THE POLICY ESTABLISHES A PROCEDURE FOR TRUSTEES TO DISCLOSE CONFLICTS OR POTENTIAL CONFLICTS OF INTEREST AS THEY ARISE. THE POLICY ALSO CREATES A PROCEDURE WHEREBY THE INDIVIDUAL FACTS OF EACH SITUATION CAN BE ASSESSED IN RELATION TO THE BEST INTERESTS OF THE UNIVERSITY AND AN INFORMED, UNBIASED DECISON CAN BE MADE WITH REGARD TO WHETHER A PARTICULAR CONFLICT IS PERMISSIBLE OR INPERMISSIBLE UNDER THE POLICY. THE POLICY REQUIRES EACH TRUSTEE TO SUMBIT AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT AT LEAST ANNUALLY TO THE BOARD SECRETARY. NEW TRUSTEES ARE REQUIRED TO SUBMIT THE ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENTS UPON ACCEPTING SERVICE ON THE BOARD AND IN NO EVENT LATER THAN HIS OR HER FIRST BOARD/BOARD COMMITTEE MEETING. THE UNIVERSITY ENDEAVORS TO ENSURE STRICT COMPLIANCE WITH THIS POLICY. TO ACHIEVE THIS GOAL, THE UNIVERSITY CONTINUALLY REMINDS AND EDUCATES THE BOARD MEMBERS ABOUT CONFLICT ISSUES. AT NEW TRUSTEE ORIENTATION, THE UNIVERSITY'S GENERAL COUNSEL PROVIDES A TUTORIAL ON CONFLICT ISSUES, REVIEWS THE UNIVERSITY'S BYLAWS REGARDING CONFLICTS, AND REVEWS THE TERMS OF THE POLICY, INCLUDING REPORTING REQUIREMENTS. ALSO, AT THE BEGINNING OF EACH ANNUAL MEETING OF THE BOARD, THE BOARD MEMBERS ARE REMINDED BY THE BOARD'S CHAIRMAN, THE UNIVERSITY'S PRESIDENT AND THE UNIVERSITY'S GENERAL COUNSEL ABOUT CONFLICT REPORTING REQUIREMENTS; AND, THE BOARD MEMBERS ARE REQUIRED TO SUBMIT AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT PRIOR TO THE ADJOURNMENT OF THE MEETING. FOLLOWING THE MEETING, THE UNIVERSITY'S GENERAL COUNSEL CHECKS EACH ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT RECEIVED TO ENSURE THAT ALL TRUSTEES HAVE COMPLETED THE REQUIRED FORM. THE GENERAL COUNSEL OBTAINS THE ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT FROM ANY TRUSTEE WHO DID NOT ATTEND THE ANNUAL MEETING OF THE BOARD OR WHO DID NOT RETURN THE FORM AT THE ADJOURNMENT OF THAT MEETING. ADDITIONALLY, THE UNIVERSITY'S BYLAWS SPECIFY THE PRESIDENT OR HIS OR HER DISGNEE(S) AS THE ONLY UNIVERSITY OFFICIAL(S) AUTHORIZED TO ENTER INTO A BINDING AGREEMENT ON BEHALF OF THE UNIVERSITY. BY LIMITING SIGNATORY AUTHORITY TO THE PRESIDENT, THE UNIVERSITY HAS CENTRALIZED AND STANDARDIZED ITS CONTRACT REVIEW PROCESS. ALL CONTRACTS ARE REQUIRED TO UNDERGO REVIEW BY THE UNIVERSITY'S GENERAL COUNSEL, WHO SUBMITS A WRITTEN RECOMMENDATION WITH REGARD TO THE CONTRACT TO THE UNIVERSITY'S PRESIDENT. BY CENTRALIZING AND STANDARDIZING ITS CONTRACT REVIEW PROCESS THROUGH, AT LEAST THESE TWO OFFICES, THE UNIVERSITY IS ABLE TO, AMONG OTHER THINGS, REVIEW ALL CONTRACTUAL ARRANGEMENTS TO ENSURE THAT THERE ARE NO UNDISCLOSED CONFLICTS OF INTEREST ISSUES PRESENTED IN ANY SUCH ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15 GOVERNANCE AND ADMINISTRATION: CEO EVALUATION/SELECTION THE GOVERNING BOARD OF THE INSTITUTION IS RESPONSIBLE FOR THE SELECTION AND THE PERIODIC EVALUATION OF THE CHIEF EXECUTIVE OFFICER. THE FISK BOARD OF TRUSTEES EMPLOYS SEARCH FIRMS THAT SPECIALIZE IN THE PLACEMENT OF SENIOR ADMINISTRATIVE PERSONNEL AT INSTITUTIONS OF HIGHER EDUCATION. THE SEARCH FIRM THEN MANAGES THE ENTIRE RECRUITMENT PROCESS, INCLUDING JOS SEARCH POSTINGS, SCREENINGS OF APPLICANTS AND THEIR CREDENTIALS AS WELL AS THE COORDINATION OF CANDIDATE INTERVIEWS WITH SELECTED MEMBERS FROM THE FISK BOARD OF TRUSTEES. SUCH SEARCHES ARE CONDUCTED ON A 'HIGHLY CONFIDENTIAL' BASIS AND DO NOT INVOLVE THE OFFICE OF HUMAN RESOURCES UNTIL SUCH TIME AS THE BOARD OF TRUSTEES SELECTS AND ANNOUNCES THE PRESIDENTIAL CANDIDATE. IN ADDITION, THE BOARD OF TRUSTEES, USES ITS LEGAL COUNSEL TO FORMULATE AND/OR REVIEW ALL PRESIDENTIAL CONTRACTS FOR THE UNIVERSITY. ARTICLE V, SECTION 1 OF FISK UNIVERSITY'S ("FISK" OR THE "UNIVERSITY") AMENDED AND RESTATED BYLAWS (THE "BYLAWS") CONFERS TO ITS BOARD OF TRUSTEES (THE "BOARD") THE AUTHORITY TO APPOINT THE PRESIDENT, WHO SERVES AS THE UNIVERSITY'S CHIEF EXECUTIVE OFFICER. SPECIFICALLY, ARTICLE V, SECTION 1 OF THE BYLAWS STATES THAT THE BOARD IS RESPONSIBLE FOR THE SELECTION OF THE INSTITUTION'S PRESIDENT. PURSUANT TO ARTICLE IV, SECTION 1 OF THE BYLAWS, THE EXECUTIVE COMMITTEE OF THE BOARD IS CHARGED WITH RESPONSIBILITY OF EVALUATING THE PRESIDENT'S PERFORMANCE AND SETTING HIS OR HER COMPENSATION. UNDER THIS PROVISION OF THE BYLAWS, THE EXECUTIVE COMMITTEE IS COMPRISED OF THE BOARD CHAIRMAN, VICE-CHAIRMAN, THE SECRETARY OF THE BOARD, THE CHAIRPERSONS OF EACH OF THE BOARD'S STANDING COMMITTEES, AND THE PRESIDENT. THE EXECUTIVE COMMITTEE IS STAFFED BY THE GENERAL COUNSEL AND SECRETARY, WHO SERVES AS AN EX OFFICIO MEMBER OF THE COMMITTEE. THE BYLAWS DIRECT THE EXECUTIVE COMMITTEE TO DEVELOP, IMPLEMENT AND EVALUATE THE PRESIDENT'S PERFORMANCE MANAGEMENT PROGRAM, COMPENSATION, AND CONDITIONS OF EMPLOYMENT. THE EMPLOYMENT AGREEMENT BETWEEN THE UNIVERSITY AND THE UNIVERSITY'S CURRENT PRESIDENT ALSO SETS FORTH A PROCESS FOR THE PRESIDENT'S EVALUATION. THE EMPLOYMENT AGREEMENT REQUIRED THE PRESIDENT TO DEVELOP A PERFORMANCE PLAN UNDER WHICH SHE IS TO BE EVALUATED. SPECIFICALLY, SECTION 3(B) OF THE AGREEMENT CONTEMPLATES THAT THE BOARD MAY PERFORM AN ANNUAL OR PERIODIC PERFORMANCE REVIEW OF THE PRESIDENT. THE DATE(S) AND FREQUENCY OF SUCH PERFORMANCE REVIEW(S) TO OCCUR ARE TO BE DETERMINED IN THE SOLE DISCRETION OF THE UNIVERSITY'S BOARD OF TRUSTEES, THROUGH THE APPLICABLE COMMITTEE OF THE BOARD (THE "COMMITTEE"). SECTION 3(B) OF THE EMPLOYMENT AGREEMENT ALSO STATES THAT THE PRESIDENT'S INITIAL PERFORMANCE PLAN SHALL BE ADJUSTED ANNUALLY BY THE COMMITTEE AND THE PRESIDENT PRIOR TO THE CLOSE OF EACH FISCAL YEAR. COMPENSATION DATA IS EVALUATED UTILIZING SALARY DATA PROVIDED BY CUPA-HR SO AS TO COMPARE FISK COMPENSATION DATA WITH COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. COMPENSATION DATA FOR THE PRESIDENT, OTHER OFFICERS AND/OR KEY EMPLOYEES OF THE UNIVERSITY ARE KEPT IN THEIR RESPECTIVE PERSONNEL FILES WITHIN THE OFFICE OF HUMAN RESOURCES. COMPENSATION DATA FOR THE PRESIDENT AND PROVOST ARE ALSO RETAINED BY THE UNIVERSITY'S LEGAL COUNSEL. FORM 990, PART VI, SECTION C, LINE 19 FISK UNIVERSITY HAS COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ON FILE TO BE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -208,793.