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        <AverageHoursPerWeek>40</AverageHoursPerWeek>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>101922</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>11772</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Frank Bush</NamePerson>
        <Title>Executive Vice President</Title>
        <AverageHoursPerWeek>40</AverageHoursPerWeek>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>107998</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>12623</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Dr Robert L Wyatt</NamePerson>
        <Title>President</Title>
        <AverageHoursPerWeek>40</AverageHoursPerWeek>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>87175</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>5079</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Gerald Silver</NamePerson>
        <Title>VP for Business Operations</Title>
        <AverageHoursPerWeek>40</AverageHoursPerWeek>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
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      <TotalReportableCompFrmRltdOrgs>0</TotalReportableCompFrmRltdOrgs>
      <TotalOtherCompensation>40938</TotalOtherCompensation>
      <NumberIndividualsGT100K>0</NumberIndividualsGT100K>
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      <TotalCompGT150K>0</TotalCompGT150K>
      <CompensationFromOtherSources>0</CompensationFromOtherSources>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>RW Askins Construction</BusinessNameLine1>
          </NameBusiness>
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        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>2606 Marybank Drive</AddressLine1>
            <City>Effingham</City>
            <State>SC</State>
            <ZIPCode>29541</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>Construction &amp; Remolding</DescriptionOfServices>
        <Compensation>286085</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>Aramark</BusinessNameLine1>
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        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>Accounts Receivable</AddressLine1>
            <City>Philadelphia</City>
            <State>PA</State>
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          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>Dining service for students</DescriptionOfServices>
        <Compensation>1066193</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>Allied Barton</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>3606 Horizon Drive</AddressLine1>
            <City>King of Prussia</City>
            <State>PA</State>
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        </AddressOfContractor>
        <DescriptionOfServices>Campus safety</DescriptionOfServices>
        <Compensation>237026</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>Viking Fire Protection</BusinessNameLine1>
          </NameBusiness>
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        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>PO Box 527</AddressLine1>
            <City>High Point</City>
            <State>NC</State>
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        <DescriptionOfServices>Sprinkler system</DescriptionOfServices>
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      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>Registry for College &amp; University Presidents</BusinessNameLine1>
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          <AddressUS>
            <AddressLine1>3 Centennial Drive</AddressLine1>
            <City>Peabody</City>
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        </AddressOfContractor>
        <DescriptionOfServices>temporary labor</DescriptionOfServices>
        <Compensation>107789</Compensation>
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      <FederatedCampaigns>0</FederatedCampaigns>
      <MembershipDues>0</MembershipDues>
      <FundraisingEvents>0</FundraisingEvents>
      <RelatedOrganizations>0</RelatedOrganizations>
      <GovernmentGrants>195137</GovernmentGrants>
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      <TotalContributions>1960405</TotalContributions>
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        <BusinessCode>611600</BusinessCode>
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        <RelatedOrExemptFunctionIncome>13809841</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>0</ExclusionAmount>
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      <TotalOthProgramServiceRevenue>
        <TotalRevenueColumn>0</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>0</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>0</ExclusionAmount>
      </TotalOthProgramServiceRevenue>
      <TotalProgramServiceRevenue>13809841</TotalProgramServiceRevenue>
      <InvestmentIncome>
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        <RelatedOrExemptFunctionIncome>488076</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>0</ExclusionAmount>
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      <IncomeFromInvestBondProceeds>
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        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>0</ExclusionAmount>
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      <GrossRents>
        <Real>0</Real>
        <Personal>0</Personal>
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      <LessRentalExpenses>
        <Real>0</Real>
        <Personal>0</Personal>
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      <RentalIncomeOrLoss>
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        <Personal>0</Personal>
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      <NetRentalIncomeOrLoss>
        <TotalRevenueColumn>0</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>0</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
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      <GrossAmountSalesAssets>
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        <Other>0</Other>
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      <LessCostOthBasisSalesExpenses>
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        <Other>0</Other>
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        <Other>0</Other>
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      <NetGainOrLossInvestments>
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      <CntrbtnsRprtdFundraisingEvents>0</CntrbtnsRprtdFundraisingEvents>
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        <BusinessCode>900099</BusinessCode>
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      <MiscellaneousRevenue>
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        <RelatedOrExemptFunctionIncome>0</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
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      <TotalRevenue>
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        <RelatedOrExemptFunctionIncome>18399228</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
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      <GrantsToDomesticOrgs>
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        <ProgramServices>0</ProgramServices>
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      <GrantsToDomesticIndividuals>
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        <ProgramServices>0</ProgramServices>
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      <ForeignGrants>
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        <ProgramServices>0</ProgramServices>
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      <BenefitsToMembers>
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        <ProgramServices>0</ProgramServices>
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      <CompCurrentOfficersDirectors>
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        <ProgramServices>199464</ProgramServices>
        <ManagementAndGeneral>87175</ManagementAndGeneral>
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        <ProgramServices>0</ProgramServices>
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        <ProgramServices>5744833</ProgramServices>
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      <PensionPlanContributions>
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        <ProgramServices>185884</ProgramServices>
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        <ManagementAndGeneral>98253</ManagementAndGeneral>
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      <FeesForServicesManagement>
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        <ProgramServices>0</ProgramServices>
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        <Fundraising>0</Fundraising>
      </FeesForServicesManagement>
      <FeesForServicesLegal>
        <Total>6809</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>6809</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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      <FeesForServicesAccounting>
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        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>37000</ManagementAndGeneral>
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      <FeesForServicesLobbying>
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        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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      <FeesForServicesProfFundraising>
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        <Fundraising>0</Fundraising>
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      <FeesForServicesInvstMgmntFees>
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        <ProgramServices>69255</ProgramServices>
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        <ManagementAndGeneral>22114</ManagementAndGeneral>
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        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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      <Occupancy>
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        <ManagementAndGeneral>746500</ManagementAndGeneral>
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        <ProgramServices>252785</ProgramServices>
        <ManagementAndGeneral>54106</ManagementAndGeneral>
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      <TravelEntrtnmntPublicOfficials>
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        <ManagementAndGeneral>0</ManagementAndGeneral>
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      <ConferencesMeetings>
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        <ProgramServices>93724</ProgramServices>
        <ManagementAndGeneral>63055</ManagementAndGeneral>
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      <Interest>
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        <ProgramServices>549547</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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      <PaymentsToAffiliates>
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        <ProgramServices>0</ProgramServices>
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        <ManagementAndGeneral>273469</ManagementAndGeneral>
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      <Insurance>
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        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>162998</ManagementAndGeneral>
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        <ManagementAndGeneral>158952</ManagementAndGeneral>
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        <ManagementAndGeneral>380362</ManagementAndGeneral>
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      <OtherExpenses>
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      <TotalLiabilities>
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        <EndOfYearBalance>17717654</EndOfYearBalance>
      </CurrentYearMinus1Year>
      <BoardDesignatedEOYBalance>0.15</BoardDesignatedEOYBalance>
      <PermanentEndowmentEOYBalance>0.85</PermanentEndowmentEOYBalance>
      <TermEndowmentEOYBalance>0</TermEndowmentEOYBalance>
      <EndowmentsHeldByUnrelatedOrgs>1</EndowmentsHeldByUnrelatedOrgs>
      <EndowmentsHeldByRelatedOrgs>0</EndowmentsHeldByRelatedOrgs>
      <Land>
        <InvestmentCostOrOtherBasis>0</InvestmentCostOrOtherBasis>
        <OtherCostOrOtherBasis>707250</OtherCostOrOtherBasis>
        <BookValue>707250</BookValue>
      </Land>
      <Buildings>
        <InvestmentCostOrOtherBasis>0</InvestmentCostOrOtherBasis>
        <OtherCostOrOtherBasis>40976546</OtherCostOrOtherBasis>
        <Depreciation>11303471</Depreciation>
        <BookValue>29673075</BookValue>
      </Buildings>
      <LeaseholdImprovements>
        <InvestmentCostOrOtherBasis>0</InvestmentCostOrOtherBasis>
        <OtherCostOrOtherBasis>0</OtherCostOrOtherBasis>
        <Depreciation>0</Depreciation>
        <BookValue>0</BookValue>
      </LeaseholdImprovements>
      <Equipment>
        <InvestmentCostOrOtherBasis>0</InvestmentCostOrOtherBasis>
        <OtherCostOrOtherBasis>5526207</OtherCostOrOtherBasis>
        <Depreciation>4601305</Depreciation>
        <BookValue>924902</BookValue>
      </Equipment>
      <OtherLandBuildings>
        <InvestmentCostOrOtherBasis>0</InvestmentCostOrOtherBasis>
        <OtherCostOrOtherBasis>0</OtherCostOrOtherBasis>
        <Depreciation>0</Depreciation>
        <BookValue>0</BookValue>
      </OtherLandBuildings>
      <TotalOfBookValueLandBuildings>31305227</TotalOfBookValueLandBuildings>
      <InvestmentsProgramRelated>
        <Description>SSgA funds</Description>
        <BookValue>933668</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
      </InvestmentsProgramRelated>
      <InvestmentsProgramRelated>
        <Description>Wells Fargo Funds</Description>
        <BookValue>18707260</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
      </InvestmentsProgramRelated>
      <InvestmentsProgramRelated>
        <Description>Real Estate holdings</Description>
        <BookValue>84496</BookValue>
        <MethodOfValuation>C</MethodOfValuation>
      </InvestmentsProgramRelated>
      <InvestmentsProgramRelated>
        <Description>Charitable trust</Description>
        <BookValue>483355</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
      </InvestmentsProgramRelated>
      <InvestmentsProgramRelated>
        <Description>Annuity contracts</Description>
        <BookValue>135781</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
      </InvestmentsProgramRelated>
      <InvestmentsProgramRelated>
        <Description>29 Shs SCBT</Description>
        <BookValue>961</BookValue>
        <MethodOfValuation>C</MethodOfValuation>
      </InvestmentsProgramRelated>
      <InvestmentsProgramRelated>
        <Description>35 shs Verizon</Description>
        <BookValue>947</BookValue>
        <MethodOfValuation>C</MethodOfValuation>
      </InvestmentsProgramRelated>
      <TotalOfBookValueProgramRelated>20346468</TotalOfBookValueProgramRelated>
      <OtherAssets>
        <Description>Art collection</Description>
        <BookValue>239240</BookValue>
      </OtherAssets>
      <OtherAssets>
        <Description>Construction in progress</Description>
        <BookValue>218738</BookValue>
      </OtherAssets>
      <TotalBookValueOtherAssets>457978</TotalBookValueOtherAssets>
      <FederalIncomeTaxLiability>0</FederalIncomeTaxLiability>
      <TotalOfAmounts>0</TotalOfAmounts>
      <TotalRevenue>20359633</TotalRevenue>
      <TotalExpenses>18023291</TotalExpenses>
      <ExcessOrDeficitForYear>2336342</ExcessOrDeficitForYear>
      <NetUnrealizedGLOnInvestments>-951146</NetUnrealizedGLOnInvestments>
      <DonatedServicesAndFacilities>0</DonatedServicesAndFacilities>
      <InvestmentExpenses>0</InvestmentExpenses>
      <PriorPeriodAdjustments>0</PriorPeriodAdjustments>
      <OtherAmount>0</OtherAmount>
      <TotalAdjustments>-951146</TotalAdjustments>
      <ExcessOrDeficitPerFS>1385196</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>19989708</TotRevenueEtcAuditedFinclStmt>
      <NetUnrealizedGainsInvestments>-951146</NetUnrealizedGainsInvestments>
      <DonatedSrvcAndUseOfFacilities>0</DonatedSrvcAndUseOfFacilities>
      <RecoveriesOfPriorYearGrants>0</RecoveriesOfPriorYearGrants>
      <OtherRevenues>581221</OtherRevenues>
      <RevenueNotRptdF990>-369925</RevenueNotRptdF990>
      <RevenueSubtotal>20359633</RevenueSubtotal>
      <InvestmentExpensesNotIncluded>0</InvestmentExpensesNotIncluded>
      <OtherRevenuesNotIncluded>0</OtherRevenuesNotIncluded>
      <RevenueNotRptdOnFinStmt>0</RevenueNotRptdOnFinStmt>
      <TotalRevenuePerForm990>20359633</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>18604512</TotExpensesEtcAuditedFinclStmt>
      <DonatedServicesUseOfFacilities>0</DonatedServicesUseOfFacilities>
      <PriorYearAdjustments>0</PriorYearAdjustments>
      <LossesReported>0</LossesReported>
      <OtherExpensesIncluded>581221</OtherExpensesIncluded>
      <ExpensesNotRptdF990>581221</ExpensesNotRptdF990>
      <ExpensesSubtotal>18023291</ExpensesSubtotal>
      <InvestmentExpensesNotIncluded2>0</InvestmentExpensesNotIncluded2>
      <OtherExpensesNotIncluded>0</OtherExpensesNotIncluded>
      <ExpensesNotRptdOnFinStmt>0</ExpensesNotRptdOnFinStmt>
      <TotalExpensesPerForm990>18023291</TotalExpensesPerForm990>
      <Form990ScheduleDPartXIV>
        <Identifier>SchD_P03_S00_L04</Identifier>
        <ReturnReference>Schedule D, Part III, Line 4</ReturnReference>
        <Explanation>The College has a collection of small statues and various pre-columbian pieces. The items are on display in the lobby of the Performing Arts Center and are available for the art students to study.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>SchD_P05_S00_L04</Identifier>
        <ReturnReference>Schedule D, Part V, Line 4</ReturnReference>
        <Explanation>The endowment funds are used to support scholarships, general college operations and other restricted purposes stipulated by the donor.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>SchD_P12_S00_L02d</Identifier>
        <ReturnReference>Schedule D, Part XII, Line 2d</ReturnReference>
        <Explanation>For financial statement purposes the cost of goods sold from the bookstore is reflected in expeneses, not netted out of revenue.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>SchD_P13_S00_L02d</Identifier>
        <ReturnReference>Schedule D, Part XIII, Line 2d</ReturnReference>
        <Explanation>For financial statement purposes the cost of goods sold from the bookstore is reflected in expenses, not netted out of revenue.</Explanation>
      </Form990ScheduleDPartXIV>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="R000005" softwareId="09000073" softwareVersion="v1.00">
      <NondiscriminatoryPolicyStmt>1</NondiscriminatoryPolicyStmt>
      <PolicyStatementInBrochuresEtc>1</PolicyStatementInBrochuresEtc>
      <PolicyPublViaBroadcastMedia>1</PolicyPublViaBroadcastMedia>
      <PubViaBroadcastMediaExpln>The policy is stated in material sent to propective students material, financial aid material, and material used during the registration process.</PubViaBroadcastMediaExpln>
      <MaintRacialCompositionRecords>1</MaintRacialCompositionRecords>
      <MaintScholarshipsRecords>1</MaintScholarshipsRecords>
      <MaintCopiesOfBrochuresEtc>1</MaintCopiesOfBrochuresEtc>
      <MaintCopiesOfAllSolicitations>1</MaintCopiesOfAllSolicitations>
      <DiscriminateRaceStudentsRights>0</DiscriminateRaceStudentsRights>
      <DiscriminateRaceAdmissPolicies>0</DiscriminateRaceAdmissPolicies>
      <DiscriminateRaceEmplmnFaculty>0</DiscriminateRaceEmplmnFaculty>
      <DiscriminateRaceScholarships>0</DiscriminateRaceScholarships>
      <DiscriminateRaceEducPolicies>0</DiscriminateRaceEducPolicies>
      <DiscriminateRaceUseOfFclts>0</DiscriminateRaceUseOfFclts>
      <DiscriminateRaceAthleticProg>0</DiscriminateRaceAthleticProg>
      <DiscriminateRaceOtherActy>0</DiscriminateRaceOtherActy>
      <GovernmentFinancialAidReceived>1</GovernmentFinancialAidReceived>
      <GovernmentFinancialAidRevoked>0</GovernmentFinancialAidRevoked>
      <GovtFinancialAidExplanation>The college receives funds for our students in the form of financial aid.</GovtFinancialAidExplanation>
      <ComplianceWithRevProc7550>1</ComplianceWithRevProc7550>
    </IRS990ScheduleE>
    <IRS990ScheduleK documentId="R000006" softwareId="09000073" softwareVersion="v1.00">
      <Form990ScheduleKPartI>
        <IssuerName>
          <BusinessNameLine1>Education Facilities Authority for Private Nonprofit</BusinessNameLine1>
          <BusinessNameLine2>Institutions of Higher learning</BusinessNameLine2>
        </IssuerName>
        <IssuerEIN>576000286</IssuerEIN>
        <CUSIPNumber>836896GKO</CUSIPNumber>
        <DateIssued>2008-06-04</DateIssued>
        <IssuePrice>7310000</IssuePrice>
        <DescriptionOfPurpose>Construction and renovations of facilities</DescriptionOfPurpose>
        <Defeased>0</Defeased>
        <OnBehalfOfIssuer>0</OnBehalfOfIssuer>
      </Form990ScheduleKPartI>
      <Form990ScheduleKPartII>
        <TotalProceeds>7310000</TotalProceeds>
        <AmountInReserveFund>0</AmountInReserveFund>
        <AmountDefeased>3675000</AmountDefeased>
        <AmountUnspent>48636</AmountUnspent>
        <IssuanceCostsFromProceeds>155269</IssuanceCostsFromProceeds>
        <WorkingCapitalExpenditures>122141</WorkingCapitalExpenditures>
        <CapitalExpenditures>3308954</CapitalExpenditures>
        <YearOfSubstCompletion>2009</YearOfSubstCompletion>
        <CurrentRefunding>0</CurrentRefunding>
        <AdvanceRefunding>0</AdvanceRefunding>
        <FinalAllocationMade>0</FinalAllocationMade>
        <AdequateBooksAndRecdsMaintaind>1</AdequateBooksAndRecdsMaintaind>
      </Form990ScheduleKPartII>
      <Form990ScheduleKPartIII>
        <OwningBondFinancedProperty>0</OwningBondFinancedProperty>
        <AnyLeaseArrangements>0</AnyLeaseArrangements>
        <MngmentCntrctBondFinancdPrprty>0</MngmentCntrctBondFinancdPrprty>
        <AnyResearchAgreements>0</AnyResearchAgreements>
        <BondCounselRoutinelyEngaged>0</BondCounselRoutinelyEngaged>
        <PrcntgePrvtBusinessUseByOthers>0</PrcntgePrvtBusinessUseByOthers>
        <PercentageOfPrvtBusinessReUBI>0</PercentageOfPrvtBusinessReUBI>
        <TotalPrivateBusinessUse>0</TotalPrivateBusinessUse>
        <PostIssuanceComplianceProcdrs>1</PostIssuanceComplianceProcdrs>
      </Form990ScheduleKPartIII>
      <Form990ScheduleKPartIV>
        <Form8038TFiled>0</Form8038TFiled>
        <VariableRateIssue>1</VariableRateIssue>
        <HedgeIdentifiedInBooksAndRecds>1</HedgeIdentifiedInBooksAndRecds>
        <NameOfHedgeProvider>
          <BusinessNameLine1>Wachovia Bank</BusinessNameLine1>
        </NameOfHedgeProvider>
        <TermOfHedge>10</TermOfHedge>
        <GrossProceedsInvestedInGIC>0</GrossProceedsInvestedInGIC>
        <GrossProceedsInvested>0</GrossProceedsInvested>
        <ExceptionToRebate>0</ExceptionToRebate>
      </Form990ScheduleKPartIV>
    </IRS990ScheduleK>
    <IRS990ScheduleM documentId="R000007" softwareId="09000073" softwareVersion="v1.00">
      <SecuritiesPubliclyTraded>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>9</NumberOfContributions>
        <NoncashContribsRptdF990>59324</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>selling price</MethodOfDeterminingRevenues>
      </SecuritiesPubliclyTraded>
      <NumberOf8283Received>0</NumberOf8283Received>
      <AnyPropertyThatMustBeHeld>0</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>1</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>0</ThirdPartiesUsed>
      <Form990ScheduleMPartII>
        <Identifier>SchM_P01_S00_L33</Identifier>
        <ReturnReference>Schedule M, Part I, Line 33</ReturnReference>
        <Explanation>Stock certificates</Explanation>
      </Form990ScheduleMPartII>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="R000008" softwareId="09000073" softwareVersion="v1.00">
      <GeneralExplanation>
        <Identifier>F990_P06_S0B_L11</Identifier>
        <ReturnReference>Form 990, Part VI, Section B, Line 11</ReturnReference>
        <Explanation>The return was put on a secure website for the board members to view along with the other material for the October Board meeting.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P06_S0B_L15</Identifier>
        <ReturnReference>Form 990, Part VI, Section B, Line 15</ReturnReference>
        <Explanation>The College used an outside consultant in conjunction with the Board to determine the President's compensation. For top management, the College used an outside consultant conferring with the President.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P06_S0C_L19</Identifier>
        <ReturnReference>Form 990, Part VI, Section C, Line 19</ReturnReference>
        <Explanation>The College makes available upon request access to govering documents, conflict of interest policy and financial statements.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>