2012-03-26T09:12:27-05:00 2011-05-31 SCHNEIDER DOWNS & CO INC 1133 PENN AVENUE PITTSBURGH PA 15222 990 2010-06-01 340714818 FRANCISCAN UNIVERSITY OF STEUBENVILLE FRAN 7402833771 1235 UNIVERSITY BOULEVARD STEUBENVILLE OH 43952 DAVID M SKIVIAT SR 7402833771 2012-03-23 1 SUSAN M KIRSCH 4122613644 2010 2016-02-24 21:20:13Z FR TERENCE HENRY TOR 1235 UNIVERSITY BOULEVARD STEUBENVILLE OH 43952 79050283 0 X WWW.FRANCISCAN.EDU X 1946 OH INSTITUTION OF HIGHER EDUCATION AND CHRISTIAN OUTREACH PROGRAMMING. 21 21 2034 1600 -642574 -791357 5255309 6231069 56268538 59032415 425011 2425345 1544537 723418 63493395 68412247 9350039 10126345 0 0 28426552 29259865 0 0 2697443 23814040 23643069 61590631 63029279 1902764 5382968 139885157 151632813 33853758 34239387 106031399 117393426 TO FURTHER THE HIGHER EDUCATION OF MEN AND WOMEN THROUGH PROGRAMS OF LIBERAL, PROFESSIONAL, AND PRE-PROFESSIONAL STUDIES LEADING TO THE CONFERRAL OF BACCALAUREATE AND MASTER DEGREES IN ARTS AND SCIENCES AND TO PROMOTE THE MORAL,SPIRITUAL,& RELIGIOUS VALUES OF ITS STUDENTS. 0 0 50709497 10125245 57837494 INSTRUCTION AND AUXILIARY SERVICES (INCLUDING ROOM AND BOARD) AS RELATED TO THE INSTRUCTION OF 2,548 UNDERGRADUATE AND GRADUATE STUDENTS ENROLLED IN 47 MAJORS AND 33 MINOR ACADEMIC PROGRAMS. A TOTAL OF 524 UNDERGRADUATE AND 145 GRADUATE DEGREES WERE CONFERRED IN THE 2010-11 ACADEMIC YEAR. 2558769 1100 2603148 CHRISTIAN OUTREACH PROGRAMS IN EDUCATION AND SPIRITUAL FORMATION- 40,661 YOUTH AND OTHER PARTICIPANTS IN CHRISTIAN OUTREACH CONFERENCES, SEMINARS, CATHOLIC PROGRAMMING AND YOUTH OUTREACH PROGRAMS. 53268266 1 1 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 1 1 0 1 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 0 0 0 1 4084 0 1 2034 1 1 1 1 AU 0 0 0 1 1 0 0 0 0 X 21 21 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 1 1 X JOHN A STEITZ CONTROLLER 7402833771 1235 UNIVERSITY BOULEVARD STEUBENVILLE OH 43952 DRCHARLES BENTZ 1.00 X 0 0 0 DIANE BROWN 1.00 X 0 0 0 PAUL CARAPELLOTTI 1.00 X 0 0 0 REVMICHAEL CISKI TOR 1.00 X 0 0 0 THERESA COLLINS 1.00 X 0 0 0 MOTHER REGINA PACIS 1.00 X 0 0 0 MOST REV ROGER J FOYS 1.00 X 0 0 0 ED JOHNSON 1.00 X 0 0 0 ALBERT H LANGSENKAMP 1.00 X 0 0 0 REV NATHAN MALAVOLTI TOR 1.00 X 0 0 0 JAMIE MCALEER 1.00 X 0 0 0 PAUL NIGRO 1.00 X 0 0 0 RICHARD K RIEDERER 1.00 X 0 0 0 DAVID ROBERTSON 1.00 X 0 0 0 REV SEAN SHERIDAN TOR 1.00 X 0 0 0 CAROL SNYDER 1.00 X 0 0 0 REV MALACHI VAN TASSELL TOR 1.00 X 0 0 0 REV CLETUS WATSON TOR 1.00 X 0 0 0 REV TERENCE HENRY TOR 50.00 X X 0 0 0 V REV CHRISTIAN ORAVEC TOR 1.00 X X 0 0 0 MR ROBERT SMITH 1.00 X X 0 0 0 DAVID M SKIVIAT SR 50.00 X 124033 0 45975 JANINE STASIULEWICZ 40.00 X 36868 0 5455 DR ROBERT G FILBY 50.00 X 150646 0 26508 BRENAN PATRICK PERGI 50.00 X 85542 0 22212 THOMAS WILSON 50.00 X 87426 0 21654 ADAM SCURTI 50.00 X 128888 0 6550 MICHAEL M HERNON 50.00 X 131486 0 25731 DAVID ALAN SCHMIESING 50.00 X 100366 0 23585 JOEL S RECZNIK 50.00 X 103787 0 74672 DR MAXWELL BONILLA 50.00 X 148403 0 27251 DR MICHAEL HEALY 50.00 X 114215 0 45410 1211660 0 325003 8 0 1 0 SODEXO INC 10400 FERNWOOD ROAD BETHESDA MD 20817 FOOD SERVICE 3554044 MASSARO CORPORATION 120 DELTA DRIVE PITTSBURGH PA 15238 CONSTRUCTION 1435803 FRANCISCAN FRIARS TOR PO BOX 188 LORETTO PA 15940 ADMIN & FACULTY 931997 MACLACHLAN CORNELIUS & FILONI INC 307 4 AVE PITTSBURGH PA 15222 ARCHITECT 430595 JEFFERSON INVESTIGATORS & SECURITY INC 1439 SUNSET BLVD STEUBENVILLE OH 43952 SECURITY 388717 11 42475 725172 5463422 423233 6231069 TUITION AND FEES 900099 43850139 43850139 AUXILIARY ACTIVITIES 900099 10856363 10856363 CHRISTIAN OUTREACH 611710 2603148 2474282 128866 STUDENT REL.ACTIVITIES 900099 710969 705302 5667 EDUCATIONAL ACTIVITIES 900099 689949 689949 321847 295224 26623 59032415 1026591 6599 1019992 8361042 6339854 622434 2021188 -622434 1398754 1398754 3164 42475 38585 -35421 -35421 3158 3373 -215 -215 5203173 3633790 1569383 1569383 GVHIH ACTIVITY 900099 -810329 -810329 -810329 68412247 60440642 -642574 2383110 9353053 9353053 773292 773292 1248080 441735 644034 162311 20450495 16667006 2549375 1234114 1155173 943891 124726 86556 4921351 3896721 661125 363505 1484766 1162133 203433 119200 29694 29694 183652 12770 170882 26847 26847 1396646 1169236 196974 30436 248584 167747 10126 70711 3768581 3315193 135759 317629 1026742 620371 330058 76313 17540 15180 2360 3062714 2442246 620468 1486099 1238369 144405 103325 107862 65643 29802 12417 1150772 1126022 24750 3974326 3567476 406850 405545 150727 254818 FOOD SERVICE 3881206 3881206 ALLOWANCE FOR UNCOLLECT 1047993 1047993 REPAIR & MAINTENANCE 825470 519517 303114 2839 HOSPITALITY 648442 543602 37111 67729 DUES/MEMBERSHIPS 187944 85088 59108 43748 166410 62049 100111 4250 63029279 53268266 7063570 2697443 227186 74954 6266650 7501573 2733834 2754476 749140 1276931 1827800 973491 594156 538741 1096680 1299102 112371110 40249563 73012965 72121547 43157811 53382666 10114832 11611582 104103 97750 139885157 151632813 5908624 6864190 715160 714524 2185562 2607288 21263000 20069000 2733079 2615923 1048333 1368462 33853758 34239387 X 79237992 84401858 12035974 17038743 14757433 15952825 106031399 117393426 139885157 151632813 X 5382968 5979059 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 139771 0 0 X X 0 32893733 2367838 5995895 329925 40927541 27392641 1204930 4619294 323132 32893733 36229668 1060498 -8480100 1417425 27392641 0.38000 0.39000 0.23000 0 0 8006021 8006021 91937683 33448257 58489426 12287635 6801306 5486329 139771 139771 72121547 ALTERNATIVE INVESTMENT FUNDS & PARTNERSHIPS 11610582 F GOOD VENTURE ENTERPRISES, LLC 1000 F 11611582 STUDENT AND OTHER DEPOSITS 1368462 1368462 68412247 63029279 5382968 5979059 5979059 11362027 66952432 5979059 -11737056 -5757997 72710429 -4298182 -4298182 68412247 55590405 3675748 3675748 51914657 11114622 11114622 63029279 PART III, LINE 4: THE UNIVERSITY'S COLLECTIONS INCLUDE PAINTINGS, PRINTS, PHOTOGRAPHS, SCULPTURES, DRAWINGS AND WATERCOLORS AND DECORATIVE ARTS. THESE ITEMS ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC, CURATORIAL AND OTHER RELIGIOUS PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. ITEMS ARE REFLECTED IN EQUIPMENT IN THE FINANCIAL STATEMENTS AT APPRAISED VALUE ON THE DATE PURCHASED OR CONTRIBUTED. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 135 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES IN FURTHERANCE OF THE ORGANIZATION'S MISSION INCLUDING BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE UNIVERSITY FOLLOWS THE RELEVANT ACCOUNTING GUIDANCE RELATIVE TO UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN FINANCIAL STATEMENTS. THE UNIVERSITY FILES INFORMATION AND INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION, AND VARIOUS STATES AND FOREIGN JURISDICTIONS. PART XII, LINE 2D - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID: -10,124,145. TUITION REMISSION PROGRAM: -1,612,911. PART XII, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES: -41,958. COST OF GOODS SOLD: -3,633,790. LOSS ON DISPOSAL OF ASSETS: -622,434. PART XIII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES: 41,958. COST OF GOODS SOLD: 3,633,790. PART XIII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID: 10,124,145. TUITION REMISSION PROGRAM: 1,612,911. LOSS ON DISPOSAL OF ASSETS: -622,434. 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 ALL UNDERGRADUATE & GRADUATE APPLICATIONS REFLECT NON-DISCRIMINATORY POLICIES. THE POLICY STATEMENT IS CONTAINED IN NEWSPAPER AND RADIO ADVERTISING AND PUBLISHED IN UNIVERSITY CATALOGS AND DOCUMENTS DISTRIBUTED TO HIGH SCHOOLS AND AT COLLEGE INFORMATION FAIRS. THE POLICY IS ALSO STATED ON THE UNIVERSITY'S WEBSITE. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 EDUCATIONAL ASSISTANCE IS RECEIVED IN THE FORM OF FEDERAL AND STATE GRANTS AWARDED TO INDIVIDUAL STUDENTS. 1 EUROPE 2 23 EDUCATIONAL INSTRUCTION, STUDENT HOUSING, ADMINISTRATION. 4893725 CENTRAL AMERICA AND CARIBBEAN 0 4 CHRISTIAN OUTREACH MISSIONS. 77194 SOUTH AMERICA 0 2 CHRISTIAN OUTREACH MISSIONS. 39648 NORTH AMERICA 0 2 EDUCATIONAL AND CHRISTIAN OUTREACH ACADEMIC, INSTRUCTION, SUPPORT SERVICES AND MISSIONS. 2084 EUROPE 2 23 EDUCATIONAL GRANTS STUDENT AID AND TUITION REMISSION FOR STUDY ABROAD PROGRAM PARTICIPANTS. 869392 CENTRAL AMERICA AND CARIBBEAN 0 0 INVESTMENTS N/A 7335822 4 54 0 0 4 54 13217865 0 13217865 STUDENT AID FOR STUDY ABROAD PROGRAM EUROPE 317 773292 CREDIT TO STUDENTS' ACCOUNTS FOR FINANCIAL AID N/A N/A 0 0 1 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: SCHOLARSHIPS, FEDERAL, STATE AND INSTITUTIONAL AID IS AWARDED TO STUDENTS BASED UPON THEIR FINANCIAL NEED AND ACADEMIC ACHIEVEMENT. THE SELECTION COMMITTEE FOR SCHOLARSHIPS IS COMPRISED OF REPRESENTATIVES FROM ADMISSIONS, ENROLLMENT SERVICES, STUDENT LIFE, FRANCISCAN FRIARS AND VARIOUS FACULTY MEMBERS. ALL AID IS PROCESSED THROUGH THE FINANCIAL AID OFFICE AND IS POSTED TO THE STUDENTS' RECEIVABLE ACCOUNTS. CENTURY CLUB 33015 33015 500 13247 10500 12263 BASEBALL DINNER 12624 9460 3164 500 1370 200 5 45639 42475 3164 500 500 14617 10700 12268 38585 -35421 1 FEDERAL FINANCIAL AID 266 411532 STATE FINANCIAL AID 132 136901 INSTITUTIONAL AID 1786 7949275 RESTRICTED SCHOLARSHIPS 399 854245 SCHOLORSHIPS FOR PRIESTS 2 1100 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THESE FUNDS REPRESENT FINANCIAL AID ISSUED TO STUDENTS IN THE FORM OF FEDERAL AND STATE GRANTS, SCHOLARSHIPS, TUITION DISCOUNTS, AND INSTITUTIONAL FINANCIAL AID. STUDENTS RECEIVING SCHOLARSHIPS AND GRANTS FROM FRANCISCAN UNIVERSITY ARE MONITORED TO ENSURE THEY MEET THE ACADEMIC REQUIREMENTS OR OTHER CRITERIA ASSOCIATED WITH THE RESPECTIVE AWARD. ALL AID IS PROCESSED THROUGH THE FINANCIAL AID OFFICE AND IS POSTED TO THE STUDENTS' RECEIVABLE ACCOUNTS. X 0 0 0 0 0 0 0 0 0 0 0 DAVID M SKIVIAT SR 124033 0 0 0 0 0 12577 0 33398 0 170008 0 0 0 DR ROBERT G FILBY 150646 0 0 0 0 0 15058 0 11450 0 177154 0 0 0 MICHAEL M HERNON 131486 0 0 0 0 0 12221 0 13510 0 157217 0 0 0 JOEL S RECZNIK 103787 0 0 0 0 0 10549 0 64123 0 178459 0 0 0 DR MAXWELL BONILLA 148403 0 0 0 0 0 13716 0 13535 0 175654 0 0 0 DR MICHAEL HEALY 112775 0 0 0 1440 0 8603 0 36807 0 159625 0 0 0 PART I, LINE 1B THE UNIVERSITY OWNS THE FRIARY BUILDING ON ITS CAMPUS. FATHER HENRY RESIDES IN THE FRIARY WITH THE OTHER FRIARS AND DOES NOT PAY RENT. ALL OPERATING EXPENSES ARE THE FINANCIAL RESPONSIBILITY OF THE THIRD ORDER REGULAR OF ST. FRANCIS OF PENANCE (TOR) OF THE PROVINCE OF THE MOST SACRED HEART OF JESUS. OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756AWD0 2006-07-06 20694366 REFUNDING,DORMITORY AND OTHER CAPITAL PROJECTS 0 0 0 20694366 1535358 3085500 537971 15535535 2008 1 0 1 1 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 0 0 0 0 P SKIVIAT OFFICER'S FAMILY MEMBER 30664 SALARY - LONG STANDING EMPLOYMENT RELATIONSHIP 0 KEVIN HARRIS OFFICER'S FAMILY MEMBER 69424 SALARY 0 JOHN RECZNIK OFFICER'S FAMILY MEMBER 50537 SALARY 0 MARK RECZNIK OFFICER'S FAMILY MEMBER 76677 SALARY 0 MARGE WILSON OFFICER'S FAMILY MEMBER 17300 SALARY 0 DR ANTHONY SCURTI OFFICER'S FAMILY MEMBER 12875 INDEPENDENT CONTRACTOR 0 X 2 423233 FMV 0 0 1 1 THIRD PARTY USE: PART I, LINE 32B: THE UNIVERSITY USES AN OUTSIDE BROKER TO SELL SECURITIES RECEIVED AS CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 2 FR. TERENCE HENRY,T.O.R, FR. MALACHI VAN TASSELL, T.O.R, AND DR. ROBERT FILBY ARE MEMBERS OF THE MARIA THRON FOUNDATION SUPERVISORY BOARD. FORM 990, PART VI, SECTION A, LINE 6 FRANCISCAN UNIVERSITY OF STEUBENVILLE IS A 501(3)(C) NONPROFIT CORPORATION WITH MEMBERS. THE MEMBERS OF THE CORPORATION ARE THE MINISTER PROVINCIAL AND THE PROVINCIAL CURIA OF THE MOST SACRED HEART OF JESUS, THIRD ORDER REGULAR (T.O.R.) AND THE PRESIDENT OF THE FRANCISCAN UNIVERSITY OF STEUBENVILLE WHO SERVES AS MEMBER EX OFFICIO. THESE INDIVIDUALS SERVE AS MEMBERS OF THE CORPORATION DURING THEIR RESPECTIVE TERMS AS MINISTER PROVINCIAL, MEMBERS OF THE PROVINCIAL CURIA, AND PRESIDENT OF THE UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 7A THE MINISTER PROVINCIAL OF THE PROVINCE OF THE MOST SACRED HEART OF JESUS IS AN EX OFFICIO MEMBER OF BOARD. THIS INDIVIDUAL IS ELECTED BY THE PROVINCE OF THE MOST SACRED HEART OF JESUS. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING POWERS ARE RESERVED EXCLUSIVELY TO THE MEMBERS OF THE CORPORATION: A. TO DETERMINE THE PHILOSOPHY AND OBJECTIVES OF THE CORPORATION. B. TO ADOPT AMENDMENTS TO THE ARTICLES OF INCORPORATION, AND TO ALTER, AMEND, OR REPEAL BYLAWS. C. TO PURCHASE, SELL, LEASE, TRANSFER OR ENCUMBER, CONSTRUCT, OR UNDERTAKE THE DESTRUCTION OF LAND AND/OR BUILDINGS OWNED BY THE UNIVERSITY, OR IN WHICH THE UNIVERSITY HAS OR WILL HAVE LEGAL OR EQUITABLE TITLE. D. TO MERGE, CONSOLIDATE, OR AFFILIATE THE UNIVERSITY WITH ANY OTHER CORPORATION. E. TO DISSOLVE OR TERMINATE THE EXISTENCE OF THE UNIVERSITY AND TO DETERMINE THE DISTRIBUTION OF CORPORATE ASSETS UPON SUCH DISSOLUTION OR TERMINATION, PROVIDED THAT SUCH DISTRIBUTION BE EXCLUSIVELY MADE FOR SUCH PURPOSES AS ARE EXEMPT FROM TAXATION UNDER FEDERAL LAW. FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT FORM 990, 990-T AND REQUIRED SCHEDULES ARE REVIEWED BY THE UNIVERSITY'S FINANCE MANAGEMENT TEAM. UPON COMPLETION OF THIS REVIEW, THE FORMS ARE FINALIZED AND A COMPLETE COPY OF THE RETURN IS PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES VIA THE UNIVERSITY'S INTRANET SITE IN ADVANCE OF FILING WITH THE INTERNAL REVENUE SERVICE. AFTER THE AUDIT COMMITTEE REVIEWS THE FORM 990 THEY COMMUNICATE WITH THE FULL BOARD. THE FORM 990 IS AVAILABLE ON THE INTRANET SITE FOR ANY BOARD MEMBER TO VIEW. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS COMPLETE A CONFLICT OF INTEREST FORM ON AN ANNUAL BASIS TO IDENTIFY POTENTIAL OR ACTUAL CONFLICTS. MEMBERS OF THE UNIVERSITY'S FINANCE MANAGEMENT TEAM REVIEW ALL COMPLETED ANNUAL DISCLOSURES. PERCEIVED OR ACTUAL CONFLICTS ARE ADVANCED TO THE BOARD FOR RESOLUTION. FORM 990, PART VI, SECTION B, LINE 15 A. THE PRESIDENT OF THE UNIVERSITY, A CATHOLIC PRIEST OF THE FRANCISCAN FRIARS TOR, HAS TAKEN A VOW OF POVERTY AND IS NOT COMPENSATED FOR HIS SERVICE TO THE UNIVERSITY. THIS ARRANGEMENT IS DISCLOSED AND REVIEWED BY THE PROVINCIAL OF THE FRANCISCAN ORDER AND THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. DUE TO THE FACT THAT NO COMPENSATION IS PAID TO THE PRESIDENT, POLICIES AND PROCESSES REGARDING AWARDING PRESIDENTIAL COMPENSATION ARE NOT RELEVANT. DISCLOSURES IN PART VII AND SCHEDULE J REFLECT THIS FACT. THE UNIVERSITY DOES MAKE A PAYMENT TO THE FRANCISCAN FRIARS TOR FOR THE SERVICES PERFORMED BY ALL FRIARS. B. THE OFFICERS' COMPENSATION IS DETERMINED WITHIN THE BUDGETING PROCESS AND SALARY INCREASES ARE APPROVED BY THE EXECUTIVE VICE PRESIDENT, THE PRESIDENT AND FINALLY BY AN INDEPENDENT COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. FRANCISCAN UNIVERSITY ENGAGED AN INDEPENDENT CONSULTANT TO ASSIST WITH THE DESIGN OF A COMPENSATION PROGRAM THAT INCORPORATES COMPENSATION COMPARABLES AND ESTABLISHED SALARY RANGES THAT TAKE INTO CONSIDERATION, AMONG OTHER ITEMS, JOB REQUIREMENTS, SKILL SET AND PERFORMANCE. FORM 990, PART VI, SECTION C, LINE 19 FRANCISCAN UNIVERSITY OF STEUBENVILLE MAKES ITS GOVERNANCE DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENT AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST SUBMITTED TO VP OF FINANCE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 5,979,059. FORM 990, PART XI, QUESTION 2C: OVERSIGHT OF FINANCIAL STATEMENT AUDIT: AUDIT COMMITTEE DUTIES INCLUDE RECOMMENDING ENGAGEMENT OF INDEPENDENT AUDIT FIRM FOR BOARD APPROVAL, REVIEWING OF FINANCIAL STATEMENTS AND AUDIT RESULTS, FOLLOWING UP ON AUDIT RECOMMENDATIONS, AND REVIEWING FINANCIAL REPORTING COMPLIANCE. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART VII: EMERITUS TRUSTEES: THE FOLLOWING INDIVIDUALS SERVE AS EMERITUS TRUSTEES OF THE FRANCISCAN UNIVERSITY OF STEUBENVILLE WITH NO VOTING RIGHTS: DR. JOHN H. IRVIN AND REV. BRIAN MILLER, TOR. SCHEDULE B, PART II, NONCASH PROPERTY: $ 174,165 - 7,913 SHARES GOLDMAN SACHS GROUP $ 11,554 - 453 SHARES BANCORP SOUTH INC. $ 9,102 - 600 SHARES FORD MOTOR COMPANY $ 10,967 - 412 SHARES LOWES COMPANIES INC. $ 14,061 - 205 SHARES NORFOLK SOUTHERN CORP. $ 25,996 - 504 SHARES YUM BRANDS TOTAL: $245,845 GOOD VENTURE ENTERPRISES LLC 1235 UNIVERSITY BOULEVARD STEUBENVILLE OH 43952 340714818 PROVIDE DORMITORY & SOCIAL SPACE FOR STUDENTS & GUESTS OH 842206 5487806 N/A GOOD VENTURE HIH LLC 1235 UNIVERSITY BOULEVARD STEUBENVILLE OH 43952 261329844 PROVIDE HOTEL/REST SVC & LIMITED DORM SPACE FOR STUDENTS/GUESTS OH 189601 4195639 N/A GOOD VENTURE BELLEVIEW 1235 UNIVERSITY BOULEVARD STEUBENVILLE OH 43952 340714818 FUTURE DEVELOPMENT FOR CAMPUS EXPANSION OH 0 2009000 N/A GOOD VENTURE PROPERTIES 1235 UNIVERSITY BOULEVARD STEUBENVILLE OH 43952 340714818 FUTURE DEVELOPMENT FOR CAMPUS AND EXPANSION OH 351923 2266702 N/A GOOD VENTURE PARKVIEW CIRCLE LLC 1235 UNIVERSITY BOULEVARD STEUBENVILLE OH 43952 340714818 PROVIDE RESIDENTIAL AND ACADEMIC SPACE FOR STUDENTS OH -25172 3993516 N/A FOUNDATION MARIA THRON 3292 GAMING KARTAUSE 1 GAMING EUROPE AU HISTORIC MONASTERY SITE OF THE UNIVERSITY'S STUDY ABROAD PROGRAM AU N/A N/A N/A 0 FRANCISCAN UNIVERSITY ONLINE LLC 1235 UNIVERSITY BOULEVARD STEUBENVILLE OH 43952 453154004 ONLINE EDUCATION OH 0 0 1 0.51000 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 FOUNDATION MARIA THRON-LEASE PAYMENTS J 952324 FMV FOUNDATION MARIA THRON-PAYMENT FOR FOOD SERVICES L 512260 FMV FOUNDATION MARIA THRON-REPAYMENT OF LOAN PROCEEDS WITH INTEREST R 55485 FMV