2011-04-28T11:08:59-07:00 2010-06-30 990 2009-07-01 741109641 ST EDWARDS UNIVERSITY STED 5124488400 3001 S Congress Avenue Austin TX 787046489 Rhonda Cartwright 5124488400 2011-04-28 2009 2016-02-24 21:20:13Z Dr George Martin 3001 S Congress Ave Austin TX 787046489 126046929 0 X http://www.stedwards.edu X 1969 TX To provide a culturally diverse student body with an education that achieves a balance among the humanities, the sciences and the professions. We prepare graduates through training in critical and creative thinking as well as moral reasoning, to analyze problems, propose solutions and make responsible decisions. 33 33 2243 0 0 0 4799368 4337193 107511427 118510931 -13625172 2071977 -437535 1126828 98248088 126046929 27059309 31481764 0 0 52999933 54038191 0 0 2547245 31894277 35603011 111953519 121122966 -13705431 4923963 241182078 244436347 119558594 116181760 121623484 128254587 To provide a culturally diverse student body with an education that achieves a balance among the humanities, the sciences and the professions. To make graduates competent in a chosen discipline and to help them understand and appreciate the contributions of other disciplines. To promote excellence in teaching and learning in an environment that encompasses the campus classroom, student life programs and the broader community. To prepare graduates through training in critical and creative thinking as well as moral reasoning, to analyze problems, propose solutions and make responsible decisions. 0 0 111228507 31481764 118510931 Higher Education: The purpose of the organization's program services is to educate students by providing instruction; support to academic programs through such services as counseling, library facilities, athletics, campus activities for students, etc. and by providing students with residence halls, dining and bookstore services in support of the educational mission. The university served 5293 students in this reporting period. 0 0 0 111228507 1 1 0 1 0 0 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 1 250 0 1 2243 1 0 1 FR 0 0 0 1 1 0 0 0 33 33 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 1 0 X X Rhonda Cartwright 5124488400 3001 S Congress Ave Austin TX 787046489 John Mooney 1 X 0 0 0 Sister Amata Miller 1 X 0 0 0 Marilyn L ONeill 1 X 0 0 0 Duncan Knapp Underwood 1 X 0 0 0 Kevin OConnor 1 X 0 0 0 Kevin J Koch 1 X 0 0 0 Theodore R Popp 1 X 0 0 0 J William Sharman Jr 1 X 0 0 0 F Gary Valdez 1 X 0 0 0 Brother Richard Daly 1 X 0 0 0 Timothy F Gavin 1 X 0 0 0 John H Bauer 1 X 0 0 0 Victor Miramontes 1 X 0 0 0 Jim A Smith 1 X 0 0 0 Margie Diaz Kintz 1 X 0 0 0 Peter Winstead 1 X 0 0 0 Carolyn Lewis Gallagher 1 X 0 0 0 Patricia Berrier Munday 1 X 0 0 0 Brother Richard Gilman 1 X 0 0 0 Monsignor Elmer Holtman 1 X 0 0 0 Edward E Leyden 1 X 0 0 0 Myra McDaniel 1 X 0 0 0 Brother Donald Blauvelt CSC 1 X 0 0 0 Donna Van Fleet 1 X 0 0 0 Ian J Turpin 1 X 0 0 0 Melba Whatley 1 X 0 0 0 Margaret Crahan 40 X 109555 0 4131 Brother James Branigan 1 X 0 0 0 Thomas Carter 1 X 0 0 0 Judge Wilford Flowers 1 X 0 0 0 Joseph Lucci III 1 X 0 0 0 The Most Reverend John McCarthy 1 X 0 0 0 Rev Thomas O'Hara 1 X 0 0 0 Bhuban R Pandey 40 X 103285 0 19441 Michael Larkin 40 X 201449 0 18958 Donna M Jurick SND 40 X 0 0 5586 George E Martin 40 X 832199 0 50273 Katherine Paige Booth 40 X 215381 0 30734 Sandra L Pacheco 40 X 131429 0 17153 Doris Constantine 40 X 101597 0 25376 Tracy L Manier 40 X 101901 0 25208 Rhonda D Cartwright 40 X 257455 0 13511 Robert A Manzer 40 X 164640 0 16650 Thomas Matthew Evans 40 X 129910 0 29589 James Link 40 X X 121759 0 3443 David Waldron 40 X 72107 0 4631 Lisa Kirkpatrick 40 X 88493 0 14021 Molly Minus 40 X 116658 0 19857 Kippi Griffith 40 X 78817 0 21213 Joseph DeMedeiros 40 X 91126 0 11623 Marianne F Hopper 40 X 121438 0 10085 Marsha C Kelliher 40 X 127508 0 25209 Aundrea Kay Guess 40 X 138254 0 14911 Carolyn Conn 40 X 121128 0 14292 Henry Ramsey Fowler 40 X 110194 0 21994 3536283 0 417889 46 1 1 0 Flintco Inc 5316 W Highway 290 Ste 480 Austin TX 78735 Construction 3428535 VRW Construction Company Inc PO Box 150369 Austin TX 78715 Construction 5066594 Bon Appetit 91337 Collections Drive PO Box 91337 Chicago IL 60693 Food Services 3463081 Flynn Construction Inc 4001 Manchaca Road Austin TX 78704 Construction 1787398 Aetna PO Box 804735 Chicago IL 60680 Medical insurance provider 5113407 32 0 0 0 0 1595309 2741884 240249 4337193 Tuition, Fees and Auxiliary Services (Residence Halls, Dining and Bookstore services) 611310 118510931 118510931 0 0 0 0 0 0 118510931 1129778 0 0 1129778 0 0 0 0 0 0 0 0 42264 0 0 0 42264 0 42264 0 0 42264 942199 0 0 0 942199 0 942199 0 0 942199 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Acquisition of Assets - Wild Basin 900099 777233 777233 0 0 Insurance Claims Recovery 900099 300818 300818 0 0 6513 6513 0 0 1084564 126046929 119595495 0 2114241 0 0 31481764 31481764 0 0 0 0 3176451 1755655 927092 493704 0 0 0 0 41604366 37546471 2869942 1187953 1879020 1633479 191545 53996 4173806 3548609 486084 139113 3204548 2697444 391888 115216 0 0 0 0 32648 1000 31648 0 209583 0 209583 0 71188 71188 0 0 0 0 0 0 0 0 0 0 0 0 760554 729983 25026 5545 4225802 2997571 1047848 180383 894442 820998 72850 594 0 0 0 0 6726889 6219761 490286 16842 1551000 1362252 98264 90484 0 0 0 0 917616 815498 86330 15788 5309460 5143327 166133 0 0 0 0 0 7493408 6674662 818746 0 581313 38726 542587 0 Contract, Technical & Other Labor Expense 2714254 2245794 442871 25589 Special Events 948582 754617 33117 160848 Allocation Computer Center Expenses 0 775042 -795404 20362 Bank Fees 501237 501237 0 0 Allocation of Telephone Expenses 0 471563 -483952 12389 2665035 2941866 -305270 28439 121122966 111228507 7347214 2547245 15181995 15965500 2074907 2224561 3645774 2574492 2306490 2089350 1739919 1445652 226226248 58666401 170843863 167559847 40931523 48592836 4252680 3485012 204927 499097 0 241182078 244436347 11644139 8878795 5383725 5820799 96424090 93918500 6106640 7563666 119558594 116181760 X 78755772 84494208 12840076 13427640 30027636 30332739 121623484 128254587 241182078 244436347 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 71188 0 0 71188 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 The university engages an outside lobbying firm to provide strategic advice and counsel to the university pertaining to important issues before Congress and the Administration that may affect the organization. The firm contacts elected officials, their staff and key Congressional Committees on behalf of the university. 41720070 513849 4603824 432739 1087510 139036 45178458 57218963 975638 -13469625 1206665 1502963 295278 41720070 0.2692 0.6714 0.0594 0 1 1 0 3479883 3479883 0 178855312 35385017 143470295 0 0 0 0 0 28548755 17434123 11114632 0 15342298 5847261 9495037 167559847 0 0 Hedge Fund 3485012 F 3485012 Real Estate 204927 C Perpetual Trusts 150949 F Other 143221 C 499097 0 Other Liabilites 5014025 US Government Grants Refundable 1802991 Unamortized Bond Premium 746650 7563666 SchD_P05_S00_L04 Schedule D, Part V, Line 4 The university's endowment funds are used to provide scholarships and support university programs in the furtherance of the educational mission. SchD_P10_S00_L00 Schedule D, Part X The university follows accounting guidance related to accounting for uncertain income tax positions. As required by the guidance, the university recognizes in its financial statements the financial effects of a tax position, if that position is more likely than not of being sustained upon examination, including resolution of any appeals or litigation processes, based upon the technical merits of the position. The university recognizes the potential accrued interest and penalties related to unrecognized tax benefits within general institutional expenses. Tax positions taken related to the university's tax exempt status, unrelated business activities taxable income and the deductibility of expenses and other miscellaneous tax positions have been reviewed and management is of the opinion that material positions taken by the university would more likely than not be sustained by examination. Accordingly, the university has not recorded an income tax liability for uncertain tax positions. 1 1 1 All responses to public inquiry concerning admissions and financial aid requirements are met with literature; such as catalogues, brochures and applications that have the organization's non-discriminatory policy clearly stated. Advertisements for the organization typically are for course offerings of the current semester. A statement of non-discriminatory policy is stated in each advertisement. 1 1 1 1 0 0 0 0 0 0 0 0 1 1 The university administers various student financial aid programs including SEOG, College Work Study and National Direct Student Loans. The university is also involved in various educational programs for which funds are received from both State and Federal agencies. In the past, the university had received financial aid funding from the Law Enforcement Assisting Agency (LEAA) for students enrolled in the Criminal Justice program. Certain years of the program have been reviewed by the LEAA and the agency claims the university did not comply with the guidelines' and demanded a refund of certain amounts. A settlement was reached with the Department of Justice. The university was suspended from receiving further funds from the LEAA. This suspension was rescinded in 1975. 1 Central America and the Caribbean 0 0 Program Services Educational and cultural acitivities for organization's students 18253 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Educational and cultural acitivities for organization's students 16438 Europe (including Iceland and Greenland) 1 5 Program Services Educational and cultural acitivities for organization's students 1282592 1 5 1317283 1 Scholarships to students 3515 31481764 SchI_P01_S00_L02 Schedule I, Part I, Line 2 St. Edward's University's Office of Student Financial Services monitors the use of grant funds through the following procedures: Enrollment Committee - The Enrollment Committee reviews awarding and renewal policies for the university grants and scholarships and establishes freshmen and transfer enrollment goals along with the financial aid packaging strategy necessary to achieve these goals. The committee engages a nationally recognized leader in the enrollment management consulting field to assist in the establishment and monitoring of freshmen and transfer enrollment goals and financial aid packaging. Each committee member and other key university personnel receive weekly reports throughout the financial aid awarding cycle. The Enrollment Committee is comprised of the Vice President for Academic Affairs, Vice President for Marketing and Enrollment Management, Vice President for Financial Affairs (ex-officio), Associate Vice President for Student Financial Services and Associate Vice President for Undergraduate Admission. Compliance and Funds Management - The enterprise software database used to administer financial aid, (This includes all funding sources for grants and scholarships; university, federal, state, local and private sources.) has a comprehensive compliance function. The Compliance and Funds Management Modules allow for staff to add additional functionality as necessary. The compliance function identifies grant and scholarship offers that fail to meet awarding criteria and prevents financial aid from being applied to a student if the student does not meet the disbursing criteria. The funds management function ensures the financial aid records and university general ledger records reconcile with each other. Further monitoring is accomplished through numerous reports specific to financial aid identifying codes, the individual types of grants the various forms of grants and individual funding sources. Annual Independent Audits - Annual audits are performed by an independent public accounting firm who render an opinion as to whether federal and certain state funded financial aid programs are exercised in compliance with applicable laws and regulations governing said programs. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 Marsha C Kelliher 126832 0 0 0 676 0 9569 0 15874 0 152951 0 0 0 Aundrea Kay Guess 137627 0 0 0 627 0 9759 0 5312 0 153325 0 0 0 Thomas Matthew Evans 129259 0 0 0 651 0 9870 0 19913 0 159693 0 0 0 Michael Larkin 200532 0 0 0 917 0 13832 0 5206 0 220487 0 0 0 Rhonda D Cartwright 239176 0 0 0 18279 0 0 0 13666 0 271121 0 0 0 Katherine Paige Booth 214381 0 0 0 1000 0 15515 0 15439 0 246335 0 0 0 James Link 113207 0 0 0 8552 0 0 0 3559 0 125318 0 0 0 Robert A Manzer 152500 0 0 0 12140 0 0 0 16870 0 181510 0 0 0 George E Martin 370737 0 75000 0 386462 0 42750 0 7802 0 882751 0 402256 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a Dr. George Martin, President, received a housing allowance per employment contract. SchJ_P02_S00_L00 Schedule J, Part II Column B (iii) - George E. Martin: Included in Column B (iii) is payment of deferred compensation of $317,524 and a housing allowance of $45,000. The payments of the deferred compensation and housing allowance were made pursuant to the terms of the contract with President Martin and the university. Column F - George E. Martin: Included in Column F is deferred compensation of $402,256 reported on prior years Forms 990. Deferred Compensation had been set aside for the president pursuant to the terms of the contract between the university and President Martin. Under the terms of the contract, President Martin was paid the deferred compensation due in the amount of $317,524. This payment is reflected in Column B (iii), Other Reportable Compensation, on Schedule J, Part II, of Form 990. The difference between these amounts reflects the market losses on the deferred compensation investments at time of payment. San Leanna Education Facilities Corp 201275212 000000000 2004-06-04 10000000 Construction and equipment for new dormitory facility and installation of new energy mgmt system 0 0 San Leanna Education Facilities Corp 201275212 000000000 2005-01-11 2917000 Construction and equipment for new dormitory facility 0 0 San Leanna Education Facilities Corp 201275212 000000000 2006-08-01 6963000 Construction and equipment for new dormitory facility 0 0 San Leanna Education Facilities Corp 201275212 79846PAX4 2007-06-21 75608063 See Schedule O 0 0 10103289 0 0 0 98500 0 10004789 2005 0 0 1 1 2952856 0 0 0 35985 0 2916871 2005 0 0 1 1 7133824 0 0 0 92214 0 7041610 2007 0 0 1 1 79425672 0 9471870 0 288648 0 48442593 2009 0 1 1 1 0 0 0 0 1 0.01 0 0.01 1 0 0 0 0 1 0.012 0 0.012 1 0 0 0 0 1 0.013 0 0.013 1 0 0 1 0 1 0.036 0 0.036 1 0 1 1 Frost National Bank 29.5 0 0 1 0 1 1 Frost National Bank 31.4 0 0 1 0 1 1 Frost National Bank 29.4 0 0 1 0 0 0 0 0 1 X 2240 Estimated FMV X 7 47677 Avg mkt val @ gift date X Golf Course Discounts 3 28050 Invoice X Golf Course Membership Fee & Greens Fee for Student Athletes 1 159720 FMV X Catering Discounts 3 2562 Invoice 0 0 1 0 F990_P04_S00_L12A Form 990, Part IV, Line 12A St. Edward's University, Inc. issued consolidated financial statements that are audited and opined by an independent certified public accountant prepared in accordance with GAAP and GAAS for the fiscal year ended June 30, 2010. The university's financial statements consolidate the financial activity of St. Edward's University, Inc. with the financial activity of The Catholic Cemetery Association of Austin, Inc., Saint Edward's University Association, Angers, France and The Committee for the Wild Basin Wilderness, Inc. in which the university has a controlling and economic interest. The independent certified public accountant issued and unqualified opinion for the consolidated financial statements for the fiscal year ended June 30, 2010. In the accountant's opinion, based upon their audit and reports of other auditors, the consolidated financial statements presented fairly, in all material respects, the financial position of St. Edward's University, Inc. and its subsidiaries as of June 30, 2010 and changes in the net assets and cash flows for said year ended in conformity with accounting principles generally accepted in the United states of America. F990_P06_S0A_L09 Form 990, Part VI, Section A, Line 9 Robert Manzer, 7902 El Dorado Dr., Austin, TX 78737; James Link, 2041 Hawthorne Loop, Driftwood, TX 78619 F990_P06_S0B_L11 Form 990, Part VI, Section B, Line 11 The completed Form 990 is made available to the Fiduciary Committee of the Board of Trustees of the university via hardcopy or email prior to filing with the Internal Revenue Service. The Fiduciary Committee is responsible for the review and oversight of the University's financial statements and tax reporting. Financial statements and IRS Form 990, which are released to the public, are reviewed prior to the filing and release of the information. Financial statements and IRS Form 990 are available to all Board members after review by the Fiduciary Committee. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c St. Edward's University's Conflict of Interest Policy is applicable to all members of the university's Board of Trustees and Officers. A conflict is deemed to exist in the event that a Trustee, Officer or family member of either is affiliated with an organization that may transact business with the university. The policy defines "Trustee", "Officer", "family members" and "affiliation". Disclosure of any/all of these types of relationships or the appearance of such relationships is required to be made annually by September or as soon as a potential conflict arises. These disclosures are made in writing on the St. Edward's Conflict of Interest form and submitted to the Assistant to the President for Institutional Relations for trustees and to the Assistant to the President for Strategic Planning for university officers. After collecting the Conflict of Interest forms, the assistants provide the President and Chair of the Board with a report stating whether or not there are any conflicts. If any potential conflicts are disclosed, the appropriate assistant is to notify university's legal counsel. Counsel will in turn determine if an actual conflict exists. If a conflict is determined to exist with a trustee the matter is reported to the university President and Board Chair. If a conflict is determined to exist with a university officer, the matter is reported to the university President. In either case, the individual(s) receiving the report must take all appropriate action. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 For the university President and key employees, the university engages national search firms to solicit candidates who meet the established criteria for the open position. As part of the work performed by these firms, a salary range acceptable to the university is determined and compared to industry data. All work performed by the national firm is reviewed by an internally appointed search committee. Once individuals are hired, any increase in compensation for key employees is approved by the President. Compensation increases for the President is approved by the Board of Trustees. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The university makes the following items available to the general public: Governing Document - maintained on file in the university Library. Conflict of Interest Policy - maintained with the governing documents in the university Library. Financial Statements - included with the Form 990 on the Guidestar website - www2.guidestar.org F990_P07_S0A_L01a Form 990, Part VII, Section A, Line 1a George E. Martin: Included in Column D is payment of deferred compensation of $317,524 and a housing allowance of $45,000. The payments of the deferred compensation and housing allowance were made pursuant to the terms of the contract with President Martin and the university. Donna M. Jurick SND is a member of the religious order of the Sisters of Notre Dame. Sister Jurick does not receive compensation from St. Edward's University; therefore, no Form W-2 is prepared or reported. Sister Jurick participates in St. Edward's University's medical and dental plan. The amounts reported on Part VII, Section A, Column F reflect the value of these benefits. Margaret Crahan was formerly employed by the university until June 30, 2009. Upon the voluntary termination of her employment; Ms. Crahan became an independent voting member of the university's board. University board members serve without compensation. The compensation reported for Margaret Crahan pertains solely to her time of employment with the university for the period January 2009 through June 30, 2009. F990_P11_S00_L02b Form 990, Part XI, Line 2b St. Edward's University, Inc. issued consolidated financial statements that are audited and opined by an independent certified public accountant prepared in accordance with GAAP and GAAS for the fiscal year ended June 30, 2010. The university's financial statements consolidate the financial activity of St. Edward's University, Inc. with the financial activity of The Catholic Cemetery Association of Austin, Inc., Saint Edward's University Association, Angers, France, and The Committee for the Wild Basin Wilderness, Inc. in which the university has a controlling and economic interest. The independent certified public accountant issued and unqualified opinion for the consolidated financial statements for the fiscal year ended June 30, 2010. In the accountant's opinion, based upon their audit and reports of other auditors, the consolidated financial statements presented fairly, in all material respects, the financial position of St. Edward's University, Inc. and its subsidiaries as of June 30, 2010 and changes in the net assets and cash flows for said year ended in conformity with accounting principles generally accepted in the United states of America. SchK_P01_S00_L00f Schedule K, Part I, Column f San Leanna Education Facilities Corp, CUSIP # 79846PAX4, Description of Purpose: Construction and equipment for new dormitory, parking & dining facilities. Partial advance refunding of bonds issued 9/30/1998 and 1/25/2001. SchK_P02_S00_L03 Schedule K, Part II, Line 3 Column D - Escrow account balance as of 6/30/10 is $9,471,870. $28,311,263 of original bond proceeds were used to establish the escrow account for advance refunding of bonds issued 9/30/1998 and 1/25/2001. Investment earnings total $2,387,088 from inception to 6/30/10. SchK_P02_S00_L07 Schedule K, Part II, Line 7 Column A - Capital expenditures includes funds for capitalized interest from proceeds and associated investment earnings totaling $472,051. These funds were used for the payment of principal and interest during project construction. Column B - Capital expenditures includes funds for capitalized interest from proceeds and associated investment earnings totaling $62,143. These funds were used for the payment of principal and interest during project construction. Column C - Capital expenditures includes funds for capitalized interest from proceeds and associated investment earnings totaling $261,961. These funds were used for the payment of principal and interest during project construction. Column D - Capital expenditures includes funds for capitalized interest from proceeds and associated investment earnings totaling $4,478,234. These funds were used for the payment of principal and interest during project construction. SchK_P03_S00_L04 Schedule K, Part III, Line 4 Column A - The private business use percentage includes bond issuance costs of $98,500. If the issuance costs are removed from the percentage calculation, the private business use percentage would be 0%. Column B - The private business use percentage includes bond issuance costs of $35,985. If the issuance costs are removed from the percentage calculation, the private business use percentage would be 0%. Column C - The private business use percentage includes bond issuance costs of $92,214. If the issuance costs are removed from the percentage calculation, the private business use percentage would be 0%. Column D - The private business use percentage includes bond issuance costs of $288,648. If the issuance costs are removed from the percentage calculation, the private business use percentage would be 3.2%. SchK_P03_S00_L06 Schedule K, Part III, Line 6 Column A - The private business use percentage includes bond issuance costs of $98,500. If the issuance costs are removed from the percentage calculation, the private business use percentage would be 0%. Column B - The private business use percentage includes bond issuance costs of $35,985. If the issuance costs are removed from the percentage calculation, the private business use percentage would be 0%. Column C - The private business use percentage includes bond issuance costs of $92,214. If the issuance costs are removed from the percentage calculation, the private business use percentage would be 0%. Column D - The private business use percentage includes bond issuance costs of $288,648. If the issuance costs are removed from the percentage calculation, the private business use percentage would be 3.2%. SchR_P02_S00_L00 Schedule R, Part II As of 10-1-2009, The Committee for Wild basin Wilderness ceased to exist as a separate legal entity under the laws of the State of Texas governing Non-Profit Corporations. All assets, liabilities, reserves and accounts were merged with Saint Edward's University as of that date. Catholic Cemetery Association of Austin 3650 South IH-35 Austin TX 78704 741185658 Private Cemetery TX 501C3 1 N/A Saint Edwards University Association 17 rue Merlet de la Boulaye Angers France FR Education FR 0 0 N/A The Committee for Wild Basin Wilderness 805 North Capital of Texas Highway Austin TX 78746 742028160 Ecology Perserve TX 501c3 7 N/A Initiative for Global Education C/O St Edward's University 3001 South Congress Ave Austin TX 78704 263683989 Education TX N/A Related 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 Catholic Cemetery Association of Austin r 100000 Saint Edwards University Association q 548453 Saint Edwards University Association p 71802