2012-04-09T11:57:10-05:00 2011-05-31 BKD LLP 211 N BROADWAY SUITE 600 ST LOUIS MO 631022733 990 2010-06-01 430662529 Webster University WEBS 3149686900 470 East Lockwood Avenue St Louis MO 631193194 GREG GUNDERSON 2012-04-09 true Donna J Larson 3142315544 2010 2016-02-24 21:20:13Z DR ELIZABETH STROBLE 470 EAST LOCKWOOD AVENUE SAINT LOUIS MO 631193194 304933366 false X www.webster.edu X 1924 MO WEBSTER UNIVERSITY, A WORLDWIDE INSTITUTION, ENSURES HIGH QUALITY LEARNING EXPERIENCES THAT TRANSFORM STUDENTS FOR GLOBAL CITIZENSHIP AND INDIVIDUAL EXCELLENCE. 41 36 5035 2043 10217 0 4524828 5930053 183280702 189319350 3066081 6207182 1086356 1101406 191957967 202557991 19187024 20705325 0 0 97658780 102247046 239534 287796 3994025 54952481 58201510 172037819 181441677 19920148 21116314 362733189 397749482 110199142 110892569 252534047 286856913 X WEBSTER UNIVERSITY STRIVES TO BE A PREMIER U.S. BASED INTERNATIONAL UNIVERSITY SETTING A DISTINCT STANDARD FOR GLOBAL EDUCATION. false false 154803717 20705325 189570398 SEE SCHEDULE O 154803717 true true false true false false true false true true false false false false false false true true true true false false true true false false false true true true false false false false false false false false false true true true false false true true true true false false true 150 0 true 5035 true true true true AU CH NL SZ TH false false false true true false false false false X 41 36 true false false false false false false true true false false true true true true true true true true false X GREG GUNDERSON 3142467406 470 EAST LOCKWOOD AVENUE ST LOUIS MO 631193194 X SHEILA BAXTER 1.0 X 0 0 0 AMELIA J BOND 1.0 X 0 0 0 MARK BURKHART 1.0 X 0 0 0 DALE CAMMON 1.0 X 0 0 0 JOHN R CAPPS 1.0 X 0 0 0 A BAYARD CLARK III 1.0 X 0 0 0 THOMAS CORNWELL 1.0 X 18155 0 0 DARRYL W DAVIS 1.0 X 0 0 0 STEVEN L FINERTY 1.0 X 0 0 0 MARILYN FOX 1.0 X 0 0 0 EDWARD L GLOTZBACH 1.0 X X 0 0 0 PHILIP J KOEN 1.0 X 0 0 0 RONALD J KRUSZEWSKI 1.0 X 0 0 0 PAUL LEE 1.0 X 0 0 0 RICHARD A LIDDY 1.0 X 0 0 0 P JOSEPH MCKEE III 1.0 X 0 0 0 JOSEPH J MOKWA 1.0 X 0 0 0 MICHAEL NEIDORFF 1.0 X 0 0 0 SUE NEUMANN 1.0 X 0 0 0 BRENDA NEWBERRY 3.0 X 0 0 0 JERRY RITTER 1.0 X 0 0 0 ELIZABETH ROBB 1.0 X 0 0 0 JOHN R ROBERTS 1.0 X 0 0 0 DONALD M SUGGS 1.0 X 0 0 0 STEVEN SWYERS 3.0 X 0 0 0 DONNA VANDIVER 1.0 X 0 0 0 JAMES WEDDLE 1.0 X 0 0 0 LAURANCE L BROWNING JR 1.0 X 0 0 0 GEORGE H WALKER III 1.0 X 0 0 0 TODD KOHLBECKER 1.0 X 0 0 0 DAVID STEWARD 1.0 X 0 0 0 DOUGLAS H YAEGER 1.0 X 0 0 0 GREG GUNDERSON 38.0 X X 0 0 0 ALISON N FERRING 1.0 X 0 0 0 LEE J METCALF 1.0 X 0 0 0 ANTHONY THOMPSON 1.0 X 0 0 0 GEORGE SCHERER 1.0 X 0 0 0 ELIZABETH STROBLE 38.0 X X 433367 0 38109 JULIAN SCHUSTER 38.0 X X 126211 0 13082 NEIL J GEORGE 38.0 X X 313447 0 34704 KAREN LUEBBERT 38.0 X X 233250 0 29421 BENJAMIN AKANDE 38.0 X 198315 0 31861 PAUL CARNEY 38.0 X 194437 0 28677 FAITH MADDY 38.0 X 190016 0 23583 JAMES STALEY 38.0 X 178808 0 28011 LAWRENCE HAFFNER 38.0 X 171123 0 27415 DAVID GARAFOLA 38.0 X 177250 0 21587 2234379 0 276450 81 true true false PINNACLE CONTRACTING INC FORSYTH BLVD SUITE 1140 ST LOUIS MO 63105 CONSTRUCTION 4017441 THE HUGHES GROUP INC 1141 S 7TH STREET ST LOUIS MO 63104 ADVERTISING SERVICES 3749873 PARIC CORPORATION 1001 BOARDWALK SPRINGS PS STE 220 OFALLON MO 63368 CONSTRUCTION 3544355 SODEXO INC 4880 PAYSPHERE CIRCLE CHICAGO IL 60674 FOOD SERVICE 2706271 MACKEY MITCHELL ARCHITECTS PC 401 SOUTH 18TH STREET SUITE 200 ST LOUIS MO 63103 ARCHITECTURE 733397 92 45865 1233356 4650832 279492 5930053 ANCILLARY OPERATIONS 611710 178725 178725 AUXILIARY ENTERPRISES 611710 7526440 7526440 TUITION AND FEES 611600 181614185 181614185 189319350 3200119 3200119 0 0 1844851 1319895 524956 524956 3322 521634 104034145 0 100938301 88781 3095844 -88781 3007063 3007063 31053 45865 28398 2655 2655 0 0 TENNIS CENTER INCOME 713940 6783 6783 OTHER REVENUE 900099 567012 251048 112 315852 573795 202557991 189570398 10217 7047323 0 20705325 20705325 0 0 1533856 290099 1243757 0 81440779 73879065 5759248 1802466 4322982 3006549 1168629 147804 9025745 7220594 1491241 313910 5923684 5337342 460743 125599 0 822941 29938 792991 12 161985 161985 102412 102412 287796 287796 118524 9411 109113 4222417 3076141 1035407 110869 5124315 5045454 76720 2141 14537515 8813094 5350419 374002 616033 470814 129180 16039 0 9829411 9015871 710557 102983 2858697 2354182 401340 103175 0 1910786 1502953 275786 132047 2515835 2185802 265405 64628 0 10349047 8513363 1472427 363257 1800925 766927 1023817 10181 BAD DEBTS 1239355 1222319 17036 MEMBERSHIP FEES 581869 429137 143031 9701 GRAD EXPENSE 238672 231611 7056 5 FACULTY/STAFF RECRUITING 200573 76747 123378 448 BOND FEES 101846 83780 14486 3580 868352 537199 324807 6346 181441677 154803717 22643935 3994025 17922399 4233962 78133942 33963853 9408284 9539242 30569633 35160611 2568760 2297165 2732209 2497994 236570930 97877826 127894542 138693104 77921706 156657835 5638630 7383194 9943084 7322522 362733189 397749482 19490956 18647270 1571413 1594659 25440738 25647897 49350000 47590000 14346035 17412743 110199142 110892569 X 218616154 246603446 20472293 24770479 13445600 15482988 252534047 286856913 362733189 397749482 X 21116314 13206552 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 102412 false false 102412 false 168625 4490444 X X false 63754627 11086568 15395841 625269 1903558 127393 87580816 49191886 5469078 11843362 538299 2048920 162480 63754627 70285654 808613 -19197493 539446 1999735 165707 49191886 0.73800 0.17600 0.08600 false false 15249996 15249996 157744656 64979778 92764878 2072140 1533281 538859 32978832 24678144 8300688 28525306 6686623 21838683 138693104 DESCRIPTION AND USE OF THE ORGANIZATION'S COLLECTIONS PART III, LINE 4 TO RECOGNIZE LOCAL, NATIONAL, AND GLOBAL ARTISTIC ENDEAVORS AND TO ENRICH COMMUNITY MEMBERS, WEBSTER UNIVERSITY DISPLAYS ARTWORK OF VARIOUS FORMS THROUGHOUT ITS CAMPUSES. WEBSTER'S COLLECTION ALSO SUPPLEMENTS AND ENHANCES A RICH CURRICULUM AND MAKES THE STUDENTS AWARE OF THE VARIOUS ART SPECIALTIES. THIS COLLECTION INCLUDES PAINTINGS, SCULPTURES, AND CERAMICS ALONG WITH OTHER ART FORMS. USE OF ENDOWMENT FUNDS PART V, LINE 4 WEBSTER UNIVERSITY'S ENDOWMENT FUNDS ARE AN IMPORTANT SOURCE OF REVENUE WHICH SUPPORTS TEACHING AND PUBLIC SERVICE MISSIONS. THE UNIVERSITY HAS MANY DIFFERENT ENDOWMENT FUNDS WHICH ARE DEDICATED TO DONOR RESTRICTED PURPOSES AND THAT THE UNIVERSITY IS LEGALLY REQUIRED TO UPHOLD. THE INTENDED USE OF THE DONOR RESTRICTED ENDOWMENTS WOULD INCLUDE: - UNDERGRADUATE AND GRADUATE STUDENT FINANCIAL AID - TEACHING/SUPPORT PROFESSORSHIP - PUBLIC SERVICE PROGRAMS AND ACTIVITIES - ATHLETICS - COMMUNITY MUSIC SCHOOL SCHOLARSHIPS - BEATRICE AND DAVID KORNBLUM INSTITUTE - LIBRARY RESOURCES - LORETTO HILTON CENTER BUILDING MAINTENANCE AND EQUIPMENT - LEIGH GERDINE COLLEGE OF FINE ARTS - PRIEST CENTER BUILDING MAINTENANCE - LECTURE SERIES - HERNDON AND SMITH INSTITUTE - ORGEL FOUNTAIN MAINTENANCE - ACADEMIC AWARDS AND PRIZES IN ADDITION, THE UNIVERSITY'S BOARD DESIGNATED ENDOWMENT SPENDING CONTRIBUTES RESOURCES TOWARDS THE UNIVERSITY'S OPERATING BUDGETS, THUS HELPING TO KEEP TUITION BELOW THE LEVEL THAT WOULD BE NECESSARY IF TUITION ALONE PAID THE TRUE COST OF EDUCATING A STUDENT. FIN 48 FOOTNOTE PART X, LINE 2 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. true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 THE FOLLOWING IS PRINTED ON ALL PUBLISHED MATERIALS: "IT IS THE POLICY OF WEBSTER UNIVERSITY NOT TO DISCRIMINATE IN ITS EDUCATIONAL PROGRAMS, ACTIVITIES OR EMPLOYMENT POLICIES ON THE BASIS OF RACE, SEX, COLOR, CREED, AGE, ETHNIC OR NATIONAL ORIGIN OR NON-DISQUALIFYING HANDICAP AS REQUIRED BY FEDERAL LAWS AND REGULATIONS INCLUDING TITLE IX OF THE 1972 EDUCATIONAL AMENDMENTS." SCHEDULE E, LINE 6A WEBSTER UNIVERSITY PARTICIPATES IN THE FOLLOWING US GOVERNMENT GRANTS AND CONTRACTS: US DEPARTMENT OF EDUCATION -DIRECT PROGRAMS : FEDERAL PELL GRANT PROGRAM FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS FEDERAL WORK STUDY PROGRAM FEDERAL FAMILY EDUCATION LOANS ACADEMIC COMPETITIVENESS GRANT NATIONAL SCIENCE AND MATHEMATICS ACCESS TO RETAIN TALENT (SMART GRANT) FEDERAL DIRECT LOANS NON MAJOR PROGRAMS: US DEPARTMENT OF EDUCATION-DIRECT PROGRAM NURSING HEALTHCARE WORKFORCE PROGRAM US DEPARTMENT OF HEALTH AND HUMAN SERVICES-DIRECT PROGRAM: ADVANCED EDUCATION NURSING TRAINEESHIP PROGRAM ADVANCED EDUCATION NURSING GRANT PROGRAM Europe (Including Iceland and Greenland) 5 95 Program Services EDUCATIONAL 26618089 East Asia and the Pacific 4 87 Program Services EDUCATIONAL 814368 Central America and the Caribbean Investments 6903179 9 182 9 182 34335636 34335636 true false true false false false METHOD USED TO ACCOUNT FOR THE EXPENDITURES PART I, LINE 3(F) THE ORGANIZATION USES ACCRUAL METHOD ON THE ORGANIZATION'S FINANCIAL STATEMENTS TO ACCOUNT FOR THE EXPENDITURES FOR ACTIVITIES CONDUCTED IN EACH LISTED REGION. X X X X X X X true WILKINSON GROUP LLC CAMPAIGN CONSULTANT false 0 91667 0 CURTIS 1000 DIRECT MARKETING false 176322 127682 48640 RUFFALO CODY PHONATHON false 47241 68447 0 223563 287796 48640 All States GORLOK OPEN 74020 45865 28155 9176 17120 1750 1 2898 2898 352 76918 45865 31053 9176 17120 2102 28398 2655 BENEFIT OF FUNDRAISING ACTIVITIES PART I, LINE 2B - WILKINSON GROUP, LLC ACCORDING TO THE CONSULTING CONTRACT, THE WILKINSON GROUP WAS CONTRACTED TO PERFORM SERVICES OF ADVICE AND GUIDANCE IN SUPPORT OF THE STRATEGIC DIRECTION AND FULFILLMENT OF THE WEBSTER UNIVERSITY CAMPAIGN. THESE SERVICES WERE TO BE PERFORMED IN CONSULT, AND UNDER THE DIRECTION OF THE CAMPAIGN CHAIR AND PRESIDENT OF THE UNIVERSITY. true SCHOLARSHIPS 5587 20705325 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES PART I, LINE 2 THE DEVELOPMENT OFFICE SERVES AS THE COORDINATING DEPARTMENT FOR ALL TYPES OF FUND RAISING PROGRAMS AND FOR SOLICITATION OF GIFTS. SCHOLARSHIP AWARDS/RESTRICTIONS ARE MADE AND MONITORED BY ADMISSIONS OFFICE AND DEANS. THE ACCOUNTING STAFF RECORDS THE TRANSACTIONS IN SEPARATE GENERAL LEDGER ACCOUNTS. X X true true X X X X X false false false false false false false true false ELIZABETH STROBLE 299601 0 60000 0 73766 0 23275 0 14834 0 471476 0 0 0 NEIL J GEORGE 268397 0 20000 0 25050 0 23275 0 11429 0 348151 0 0 0 KAREN LUEBBERT 185197 0 20000 0 28053 0 18216 0 11205 0 262671 0 0 0 DAVID GARAFOLA 172512 0 0 0 4738 0 14419 0 7168 0 198837 0 0 0 BENJAMIN AKANDE 195945 0 0 0 2370 0 19067 0 12794 0 230176 0 0 0 PAUL CARNEY 178316 0 6000 0 10121 0 17574 0 11103 0 223114 0 0 0 FAITH MADDY 165172 0 15000 0 9844 0 15903 0 7680 0 213599 0 0 0 JAMES STALEY 173543 0 0 0 5265 0 17047 0 10964 0 206819 0 0 0 LAWRENCE HAFFNER 167023 0 0 0 4100 0 16753 0 10662 0 198538 0 0 0 PRESIDENT AND PROVOST HOUSING ALLOWANCE PART I, LINE 1(A) IN RECOGNITION OF THE UNIQUE ROLE OF THE PRESIDENT AND PROVOST IN REPRESENTING THE UNIVERSITY, WEBSTER UNIVERSITY'S POLICY PROVIDES EACH A SUITABLE RESIDENCE FOR CARRYING OUT REQUIRED OFFICIAL DUTIES. THESE DUTIES INCLUDE, BUT ARE NOT LIMITED TO, EXTENDING OFFICIAL HOSPITALITY FOR EVENTS FOR COMMUNITY MEMBERS, LOCAL, NATIONAL, AND INTERNATIONAL DIGNITARIES, TRUSTEES, FACULTY, STAFF, STUDENTS, ALUMNI, DONORS AND OTHER CONSTITUENTS TO BE CONDUCTED AT SAID RESIDENCES. THE UNIVERSITY DOES NOT CURRENTLY HAVE A PRESIDENTIAL RESIDENCE, HOWEVER, IS IN THE PROCESS OF ACQUIRING AN APPROPRIATE FACILITY. DURING THE CALENDAR YEAR ENDED DECEMBER 31, 2010, IN LIEU OF PROVIDING SUCH RESIDENCE, THE UNIVERSITY PROVIDED THE PRESIDENT WITH A TAXABLE HOUSING ALLOWANCE IN THE AMOUNT OF $60,000. THE PROVOST WAS SUPPLIED AND ACCEPTED ACCESS TO A UNIVERSITY RESIDENCE. FOR THE FIVE AND ONE HALF MONTHS OF OCCUPANCY DURING YEAR 2010, THE PROVOST WAS PROVIDED A TAXABLE HOUSING ALLOWANCE OF $6,875. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES PART I, LINE 1(A) NEIL GEORGE, DAVE GARAFOLA, KAREN LEUBBERT AND BENJAMIN AKANDE ALL RECEIVED HEALTH OR SOCIAL CLUB MEMBERSHIPS IN WHICH THE PERSONAL USE WAS TREATED AS TAXABLE INCOME. NON-FIXED PAYMENTS PART I, LINE 7 ELIZABETH STROBLE, NEIL GEORGE, KAREN LEUBBERT, FAITH MADDY AND PAUL CARNEY WERE AWARDED AT RISK COMPENSATION DURING THE CALENDAR YEAR 2010. THE AT RISK COMPENSATION WAS DETERMINED AND APPROVED BY A BOARD OF TRUSTEES COMMITTEE. ONLY ELIZABETH STROBLE'S CONTRACT CONTAINS LANGUAGE REGARDING THE PAYMENT. IND DEV AUTHORITY OF THE COUNTY OF ST LOUIS MO 431170145 790908BT3 2005-04-15 24000000 RESIDENTIAL FACILITY REVENUE BONDS false false false 24000000 1037367 8594447 480000 13888186 2006 true false true true false false false false true true false false false true MBIA INC 3.83 true false false PARIC CORPORATION ENTITY OWNED 100% BY 8896515 INDEPENDENT CONTRACTOR false - P. JOSEPH MCKEE, TRUSTEE LACLEDE GAS DOUGLAS H. YAEGER, 411487 UTILITIES false - TRUSTEE IS CHAIRMAN OF - LACLEDE WORLD WIDE TECHNOLOGY DAVID STEWARD, TRUSTEE IS 347625 TECHNOLOGY SERVICES false - CHAIRMAN OF WORLD WIDE - TECHNOLOGY X 14 168125 APPRAISED VALUE X 17 111367 FAIR MARKET VALUE 2 false true false REPORTING METHOD OF EACH TYPE OF PROPERTY RECEIVED PART I THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED FOR EACH TYPE OF PROPERTY RECEIVED DURING THE YEAR. STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENT FORM 990, SUPPLEMENT TO PART III, LINE 4A WEBSTER UNIVERSITY IS AN INDEPENDENT, COMPREHENSIVE NON DENOMINATIONAL, MULTI-CAMPUS, INTERNATIONAL UNIVERSITY WITH UNDERGRADUATE AND GRADUATE PROGRAMS IN VARIOUS DISCIPLINES INCLUDING THE LIBERAL ARTS, THE FINE AND PERFORMING ARTS, TEACHER EDUCATION, COMMUNICATIONS AND BUSINESS. WEBSTER UNIVERSITY COMBINES THE CULTURAL AND INTELLECTUAL LEGACIES OF THE PAST WITH A PRAGMATIC CONCERN FOR MEETING THE CHALLENGES OF THE PRESENT AND THE FUTURE. IN DOING SO WEBSTER UNIVERSITY CREATES A STUDENT CENTERED ENVIRONMENT ACCESSIBLE TO INDIVIDUALS OF DIVERSE AGES, CULTURES AND SOCIOECONOMIC BACKGROUNDS; SUSTAINS A PERSONALIZED APPROACH TO EDUCATION THROUGH SMALL CLASSES AND CLOSE RELATIONSHIPS AMONG FACULTY AND STUDENTS; DEVELOPS EDUCATIONAL PROGRAMS THAT JOIN THEORY AND PRACTICE AND INSTILLS IN STUDENTS THE SPIRIT OF SYSTEMATIC INQUIRY; ENCOURAGES CREATIVITY, SCHOLARSHIP AND INDIVIDUAL ENTERPRISE IN ITS STUDENTS AND FACULTY; PROMOTES INTERNATIONAL PERSPECTIVES IN THE CURRICULUM AND AMONG STUDENTS AND FACULTY; ENCOURAGES IN ITS STUDENTS A CRITICAL CAST OF MIND, A RESPECT FOR DIVERSITY AND AN UNDERSTANDING OF THEIR OWN AND OTHERS VALUES; FOSTERS IN ITS STUDENTS A LIFELONG DESIRE TO LEARN AND A COMMITMENT TO CONTRIBUTE ACTIVELY TO THEIR COMMUNITIES AND THE WORLD; EDUCATES DIVERSE POPULATIONS LOCALLY, REGIONALLY, NATIONALLY AND INTERNATIONALLY; AND STRENGTHENS THE COMMUNITIES IT SERVES THROUGH SUPPORT OF CIVIC CULTURAL, CORPORATION AND EDUCATIONAL ORGANIZATIONS. WEBSTER UNIVERSITY WAS ESTABLISHED IN 1915 IN WEBSTER GROVES, MISSOURI. THE UNIVERSITY NOW SERVES 24,550 STUDENTS AT ITS HOME CAMPUS; AT FOUR OTHER LOCATIONS IN METROPOLITAN ST LOUIS; ON MILITARY BASES ACROSS THE UNITED STATES; AT CAMPUSES IN 65 OTHER CITIES; AND INTERNATIONALLY IN AUSTRIA, CHINA, GREAT BRITAIN, THE NETHERLANDS, SWITZERLAND AND THAILAND; EACH CAMPUS OFFERS UNDERGRADUATE AND GRADUATE PROGRAMS THAT FOLLOW THE AMERICAN SYSTEM OF EDUCATION, WITH INSTRUCTION IN ENGLISH. APPROXIMATELY 2,320 STUDENTS ARE ENROLLED AT WEBSTER UNIVERSITY'S INTERNATIONAL CAMPUSES. THE UNIVERSITY'S STUDENT POPULATION OVERSEAS INCLUDES AMERICAN CITIZENS, HOST COUNTRY CITIZENS, AND STUDENTS FROM MORE THAN 100 OTHER COUNTRIES. IN ADDITION WEBSTER OFFERS GRADUATE PROGRAMS IN GUADALAJARA, MEXICO; OSAKA, JAPAN; AND IN CHENGDU, SHANGHAI, BEIJING, AND SHENZHEN, CHINA. FAMILY/BUSINESS RELATIONSHIPS FORM 990, PART VI, SECTION A, QUESTION 2 EDWARD L. GLOTZBACH HAS BUSINESS RELATIONSHIPS WITH DOUGLAS H. YAEGER, JAMES D. WEDDLE AND BRENDA NEWBERRY. MICHAEL NEIDORFF HAS BUSINESS RELATIONSHIPS WITH JOHN R. ROBERTS AND DAVID STEWARD. BRENDA NEWBERRY HAS BUSINESS RELATIONSHIPS WITH EDWARD L. GLOTZBACH AND DOUGLAS H. YAEGER. JOHN R. ROBERTS HAS BUSINESS RELATIONSHIPS WITH MICHAEL NEIDORFF AND DAVID STEWARD. DAVID STEWARD HAS BUSINESS RELATIONSHIPS WITH MICHAEL NEIDORFF AND JOHN R. ROBERTS. JAMES D. WEDDLE HAS A BUSINESS RELATIONSHIP WITH EDWARD L. GLOTZBACH. DOUGLAS H. YAEGER HAS BUSINESS RELATIONSHIPS WITH EDWARD L. GLOTZBACH AND BRENDA NEWBERRY. REVIEW PROCESS FORM 990, PART VI, SECTION B, QUESTION 11A THE FORM 990 HAS BEEN REVIEWED BY THE ASSISTANT DIRECTOR OF ACCOUNTING, THE DIRECTOR OF ACCOUNTING, THE ASSOCIATE VICE-PRESIDENT OF FINANCE, AND THE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER. THE FORM WAS PROVIDED TO AND REVIEWED WITH THE AUDIT COMMITTEE AT THE JANUARY 19, 2012 AUDIT COMMITTEE MEETING AND MADE AVAILABLE TO BOARD MEMBERS ON THE UNIVERSITY'S INTRANET FOR A PERIOD OF TWO WEEKS. COMPLIANCE WITH CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY HAS AN ETHICS/CODE OF CONDUCT POLICY THAT IS LOCATED ON THE UNIVERSITY WEBSITE. COMMUNICATION IS MADE VIA E-MAIL AND IS AVAILABLE ON-LINE. EMPLOYEES SIGN A FORM AT NEW EMPLOYEE ORIENTATION THAT HE/SHE HAS BEEN INFORMED OF THE POLICY WEBSITE AND IT IS THEIR RESPONSIBILITY TO ADHERE TO THE POLICY. MANAGERS AND SUPERVISORS ARE RESPONSIBLE FOR IMPLEMENTING AND MONITORING COMPLIANCE WITH THE POLICY. EMPLOYEES WHO VIOLATE THE LETTER OR SPIRIT OF THE UNIVERSITY'S ETHICS/CODE OF CONDUCT ARE SUBJECT TO DISCIPLINARY ACTION. THE CONFLICT OF INTEREST POLICIES APPLY TO ALL "COVERED PERSONS" OF THE UNIVERSITY. EACH OFFICER AND DIVISION HEAD ANNUALLY COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE PROVIDED BY THE UNIVERSITY, AND UPDATE SUCH QUESTIONNAIRE AS NECESSARY TO REFLECT CHANGES DURING THE COURSE OF THE YEAR. 1.COVERED PERSONS ALL TRUSTEES AND EMPLOYEES OF THE UNIVERSITY ARE "COVERED PERSONS" FOR THE PURPOSE OF THIS POLICY. 2. RELATED PERSONS ALL FAMILY MEMBERS OF COVERED PERSONS, INCLUDING A SPOUSE, CHILD, PARENT, SIBLING, GRANDPARENT, GRANDCHILD, GREAT-GRANDCHILD, IN-LAW, OR ANY OTHER PERSON WHO RESIDES IN THE SAME HOUSEHOLD AS A COVERED PERSON IS A "RELATED PERSON" FOR THE PURPOSE OF THIS POLICY. 3. TRANSACTING PARTY FOR THE PURPOSE OF THIS POLICY, A "TRANSACTING PARTY" IS ANY PARTY WHO ENTERS INTO A TRANSACTION WITH THE UNIVERSITY, OR AN AFFILIATE OF THE UNIVERSITY, WHERE THE VALUE OF THE TRANSACTION IS $1,000 OR MORE. 4. COVERED TRANSACTIONS A TRANSACTION BETWEEN UNIVERSITY, OR ANY AFFILIATE OF THE UNIVERSITY AND TRANSACTION PARTY SHALL BE DEEMED A "COVERED TRANSACTION" IF A COVERED PERSON AND RELATED PERSON COLLECTIVELY OWN MORE THAN TEN PERCENT (10%) OF THE EQUITY OF THE TRANSACTION PARTY OR IF THE COVERED PARTY OR THE RELATED PERSON ARE AN OFFICER, DIRECTOR, MANAGER, TRUSTEE, PARTNER, EMPLOYEE OR CONSULTANT TO THE TRANSACTING PARTY. DISCLOSURE, REFRAIN FROM INFLUENCE, AND REFUSAL WHEN A COVERED PERSON BECOMES AWARE OF A PROPOSED COVERED TRANSATION, HE OR SHE HAS A DUTY TO TAKE THE FOLLOWING ACTIONS: (A) IMMEDIATELY DISCLOSE THE EXISTENCE AND CIRCUMSTANCES OF THE COVERED TRANSACTION TO THE UNIVERSITY'S DESIGNATED PERSON IN WRITING. IN MOST INSTANCES, THE DESIGNATED PERSON SHALL BE THE SECRETARY OF THE BOARD UNLESS THE COVERED PERSON IS THE PRESIDENT OR THE SECRETARY IN WHICH CASE THE DESIGNATED PERSON SHALL BE THE CHAIR OF THE AUDIT COMMITTEE. ALL DISCLOSURE TO THE SECRETARY SHALL PROMPTLY BE FORWARD THE OTHER CHAIRMAN OF THE AUDIT COMMITTEE. (B) REFRAIN FROM USING HIS OR HER PERSONAL INFLUENCE TO ENCOURAGE THE UNIVERSITY TO ENTER INTO COVERED TRANSACTION; AND (C) PHYSICALLY EXCUSE HIMSELF FROM ANY DISCUSSIONS REGARDING THE COVERED TRANSACTION EXCEPT TO ANSWER QUESTIONS, FROM THE SECRETARY, THE CHAIR OF THE AUDIT COMMITTEE OR THE BOARD OF TRUSTEES, INCLUDING AND DECISIONS ON THE SUBJECT. STANDARD FOR APPROVAL OF COVERED TRANSACTIONS THE UNIVERSITY MAY ENTER INTO A COVERED TRANSACTION WHERE (A) SUCH COVERED TRANSACTION DOES NOT CONSTITUTE AN ACT OF SELF DEALING, AND (B) THE SECRETARY, OR IF THE MATTER IS REFERRED TO THE AUDIT COMMITTEE, THE CHAIR OF THE AUDIT COMMITTEE, DETERMINES THAT SUCH COVERED TRANSACTION IS FAIR AND REASONABLE TO THE UNIVERSITY. THE SECRETARY OR CHAIR OF THE AUDIT COMMITTEE, AS THE CASE MAY BE, MAY CONSULT THE UNIVERSITY'S COUNSEL AS NECESSARY TO ENSURE THAT THE TRANSACTION DOES NOT CONSTITUTE AN ACT OF SELF DEALING. PROCESS FOR DETERMINING COMPENSATION FORM 990, PART VI, SECTION B, LINE 15A/B IN 2010 THE UNIVERSITY'S BOARD ENGAGED MERCER CONSULTING TO RECOMMEND APPROPRIATE BENCHMARKING OF EXECUTIVE COMPENSATION AND BENEFITS TO BE COMPETITIVE AND EQUITABLE WITH THE MARKET. THIS IS TO ENSURE THE UNIVERSITY MEETS THE REBUTTABLE PRESUMPTION REQUIREMENTS FOR DETERMINING EXECUTIVE COMPENSATION. UPON COMPLETION OF THE STUDY THE SALARIES OF THE PRESIDENT AND OTHER EXECUTIVES WERE PROPOSED AT 50% OF THE MERCER BENCHMARK SURVEY. THE BOARD OF DIRECTORS FORMED A COMMITTEE MADE UP OF BOARD MEMBERS TO REVIEW THE SALARY LEVELS. THE 2010-2011 SALARIES OF THE PRESIDENT AND OTHER EXECUTIVES WERE THEN APPROVED BY THE BOARD COMMITTEE. PROCESS FOR MAKING DOCUMENTS AVAILABLE TO PUBLIC FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE ON THE UNIVERSITY'S WEBSITE. OTHER CHANGES IN NET ASSETS FORM 990, PART XI, LINE 5 CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -33,264 FOREIGN CURRENCY TRANSLATIONS 2,014,651 CONSOLIDATING ENTRIES/INDIRECT COSTS 2,551,484 CONSOLIDATING ENTRIES/DEBT FORGIVENESS -2,090,880 UNREALIZED GAIN ON INVESTMENTS 10,764,561 - - - - - TOTAL 13,206,552 OLD ORCHARD SHOPPING CENTER LLC 23 OLD ORCHARD AVENUE WEBSTER GROVES MO 63119 430662529 RENTAL MO -48558 4902050 NA WEBSTER UNIV-TONG TU ENTERPRSE MGMT CONS ROOM 303 BLDG 4 NO 3288JIN HAI RD PUDONG NEW AREA CH EDUCATIONAL CH N/A N/A NA FONDATION WEBSTER(WEBSTER UNIV-GENEVA) 15 ROUTE DE COLLEX 1293 BELLEVUE GENEVA SZ EDUCATIONAL SZ N/A N/A NA WEBSTER UNIVERSITY-VIENNA BERCHTOLDGASSE 1 1-1220 VIENNA AU EDUCATIONAL AU N/A N/A NA WEBSTER UNIV IN LEIDEN(THE NETHERLANDS) BOOMMARKT 1 2311 E A LEIDEN NL EDUCATIONAL NL N/A N/A NA false false false false false false false false true false false false false true true true true true FONDATION WEBSTER (WEBSTER UNIV - GENEVA) I 811947 FONDATION WEBSTER (WEBSTER UNIV - GENEVA) R 1355218 FONDATION WEBSTER (WEBSTER UNIV - GENEVA) O 715661 FONDATION WEBSTER (WEBSTER UNIV - GENEVA) P 64717 WEBSTER UNIVERSITY IN LEIDEN (NETHERLANDS) O 474227 WEBSTER UNIVERSITY IN LEIDEN (NETHERLANDS) I 129195 WEBSTER UNIVERSITY IN LEIDEN (NETHERLANDS) Q 404176 WEBSTER UNIVERSITY - VIENNA N 254146 WEBSTER UNIVERSITY - VIENNA O 1261112 WEBSTER UNIVERSITY - VIENNA R 953038 WEBSTER U-TONG TU ENTERPR MGMT CONS O 476173 WEBSTER U-TONG TU ENTERPR MGMT CONS N 83993 IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATIONS SCHEDULE R, PART II THE UNIVERSITY'S FOREIGN CORPORATIONS ARE AN EXTENSION OF THE TAX EXEMPT MISSION AND PURPOSE EVEN THOUGH THEY MIGHT BE CONSIDERED TAXABLE WITHIN THE LOCAL JURISDICTIONS.