SOUTHWESTERN UNIVERSITY: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization: SOUTHWESTERN UNIVERSITY (EIN 74-1233796)
Tax period: 2009-07-01 to 2010-06-30
Filed: 2011-05-05
IRS object ID: 201141299349300529
Schema version: 2009v1.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-05-05T17:41:59-07:00	Timestamp
Tax Period End Date	2010-06-30	TaxPeriodEndDate
Return Type	990	ReturnType
Tax Period Begin Date	2009-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	741233796	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	SOUTHWESTERN UNIVERSITY	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	SOUT	NameControl
Phone	5128631956	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 770	AddressLine1
City	Georgetown	City
State	TX	State
ZIP Code	786270770	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Richard Anderson	Name
Title	Vice President for Fiscal Affairs	Title
Phone	5128631444	Phone
Date Signed	2011-05-06	DateSigned

Field	Value	IRS element (for citing)
Tax Year	2009	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	Jake B Schrum	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	1001 E University Avenue	AddressLine1
City	Georgetown	City
State	TX	State
ZIP Code	78626	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	169826855	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	www.southwestern.edu	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1875	YearFormation
State Legal Domicile	TX	StateLegalDomicile
Activity Or Mission Description	Fostering a liberal arts educational community whose values and actions encourage contributions toward the well-being of humanity.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	48	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	46	NbrIndependentVotingMembers
Total Nbr Employees	1391	TotalNbrEmployees
Total Nbr Volunteers	745	TotalNbrVolunteers
Total Gross UBI	391813	TotalGrossUBI
Net Unrelated Business Txbl Income	-150642	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	11008175	ContributionsGrantsPriorYear
Contributions Grants Current Year	9090775	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	43634333	ProgramServiceRevenuePriorYear
Program Service Revenue CY	47532577	ProgramServiceRevenueCY
Investment Income Prior Year	100410457	InvestmentIncomePriorYear
Investment Income Current Year	4618283	InvestmentIncomeCurrentYear
Other Revenue Prior Year	1560140	OtherRevenuePriorYear
Other Revenue Current Year	1413257	OtherRevenueCurrentYear
Total Revenue Prior Year	156613105	TotalRevenuePriorYear
Total Revenue Current Year	62654892	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	13421102	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	16543497	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	35577875	SalariesEtcPriorYear
Salaries Etc Current Year	35275760	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	1436923	TotalFundrsngExpCurrentYear
Other Expense Prior Year	19386535	OtherExpensePriorYear
Other Expenses Current Year	25111840	OtherExpensesCurrentYear
Total Expenses Prior Year	68385512	TotalExpensesPriorYear
Total Expenses Current Year	76931097	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	88227593	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-14276205	RevenuesLessExpensesCY
Total Assets BOY	348649971	TotalAssetsBOY
Total Assets EOY	358595433	TotalAssetsEOY
Total Liabilities BOY	62259500	TotalLiabilitiesBOY
Total Liabilities EOY	69069256	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	286390471	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	289526177	NetAssetsOrFundBalancesEOY
Mission Description	Fostering a liberal arts educational community whose values and actions encourage contributions toward the well-being of humanity.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	26344609	Expense
Grants	0	Grants
Revenue	28567608	Revenue
Description	Instructional Services. The University's primary mission is fostering a liberal arts educational community of the highest caliber. The University seeks to develop a community of scholars in both its faculty and student body, that is self-critical and tough-minded, and that maintains rigorous academic standards. Through its Paideia program, the University transcends conventional approaches to teaching and learning through a student-driven, faculty-led experience. The program emphasized intellectual curiosity, promotes connections between academic courses, offers intercultural and diversity experiences, encourages civic engagement, and supports collaborative or guided research and creative works. For the year, the University enrolled 1,256 full-time equivalent students in its academic instructional programs. Most of the University's enrollment is traditional college-age students, with 98.39% enrolled full-time (12 or more credit hours for the semester). The student-teacher ratio was approximately 10.8:1 in the current year.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	16335028	Expense
Grants	15998543	Grants
Revenue	0	Revenue
Description	Financial Assistance. The University seeks to support its primary program services through financial assistance to students. Institutional financial assistance includes both need-based assistance and merit-based assistance. The primary funding sources for institutional financial assistance are restricted and unrestricted endowments and gifts, and general operating budget support. Approximately 90% of university students receive institutional financial assistance. Approximately 56% of university students receive need-based financial assistance. The University does not discriminate on the basis of sex, race, color, religion, age, disability, national or ethnic origin, or any other impermissible factor, in the management of its institutional financial assistance program.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	9258372	Expense
Grants	0	Grants
Revenue	10054473	Revenue
Description	Student Services. The University seeks to support its primary academic mission through robust student services for its primarily residential liberal arts campus. Student services includes security, student activities, residential life administration, career counseling and services, student health and counseling services, NCAA III athletics, intramural sports, and other services vital to support a residential academic community of the highest caliber and quality.	Description

Activity Other ActivityOther

Field	Value	IRS element (for citing)
Expense	7710478	Expense
Grants	0	Grants
Revenue	8910496	Revenue
Description	Other Program Services include auxiliary enterprises, including student residential center operations and food service operations. Approximately 85% of the student body lives on-campus in residential centers. Residential centers include living/learning centers which integrate classroom and other experiences into the residential environment. Food service is provided primarily for residential and non-residential student usage, faculty, staff and guests of the University. Total auxiliary enterprise income and expenses are $8,910,496 and $8,292,462 respectively. Auxiliary enterprise expenses include depreciation, interest and physical plant expense allocations of $1,708,072, $196,984 and $1,983,917, respectively. Other Program Services include various student, faculty and staff campus services, such as the post office, information technology help desk, network support, and other similar services, as well as various other essential program services in support of the primary academic mission of the University.	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	7710478	TotalOfOtherProgramServiceExp
Total Of Other Program Service Grnt	0	TotalOfOtherProgramServiceGrnt
Total Of Other Program Service Rev	8910496	TotalOfOtherProgramServiceRev
Total Program Service Expense	59648487	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	1	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	0	LobbyingActivities
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	1	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	1	TermOrPermanentEndowments
Balance Sheet Amounts Reported	1	BalanceSheetAmountsReported
Independent Audit Financial Stmt	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	1	School
Foreign Office	1	ForeignOffice
Foreign Activities	1	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	1	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	1	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	0	GrantsToOrganizations
Grants To Individuals	1	GrantsToIndividuals
Schedule J Required	1	ScheduleJRequired
Tax Exempt Bonds	1	TaxExemptBonds
Invest Tax Exempt Bonds	0	InvestTaxExemptBonds
Escrow Account	0	EscrowAccount
On Behalf Of Issuer	0	OnBehalfOfIssuer
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	1	LoanToOfficerOrDQP
Grant To Related Person	1	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	1	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	0	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	1	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	1	RelatedEntity
Related Org Controlled Entity	1	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	2191	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	1391	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	1	UnrelatedBusinessIncome
Form990-T Filed	1	Form990-TFiled
Foreign Financial Account	1	ForeignFinancialAccount
Name Of Foreign Country	UK	NameOfForeignCountry
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	1	NonDeductibleContributions
Non Deductible Disclosure	1	NonDeductibleDisclosure
Quid Pro Quo Contributions	1	QuidProQuoContributions
Quid Pro Quo Disclosure	1	QuidProQuoDisclosure
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Funds To Pay Premiums	0	FundsToPayPremiums
Premiums Paid	0	PremiumsPaid
Nbr Voting Governing Body Members	48	NbrVotingGoverningBodyMembers
Number Independent Voting Members	46	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	0	MembersOrStockholders
Election Of Board Members	0	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
Own Website	X	OwnWebsite
Other Website	X	OtherWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	Brenda Thompson	NamePerson
Telephone Number	5128631956	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1001 East University Avenue	AddressLine1
City	Georgetown	City
State	TX	State
ZIP Code	78626	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (57 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee
Martin Aleman Jr
Trustee	1.4	X	0	0	0
L James Bankston
Trustee	1.4	X	0	0	0
Lisa Barrentine
Trustee	1.4	X	0	0	0
Douglas M Benold
Trustee	1.4	X	0	0	0
W Earl Bledsoe
Trustee	1.4	X	0	0	0
Ann T Cochran
Trustee	1.4	X	0	0	0
Bobby Smith Cohn
Trustee	1.4	X	0	0	0
W Mark Craig
Trustee	1.4	X	0	0	0
John S Curry
Trustee	1.4	X	0	0	0
James E Dorff
Trustee	1.4	X	0	0	0
Robert W Dupuy
Trustee	1.4	X	0	0	0
Thomas A Forbes
Trustee	1.4	X	0	0	0
James W Foster
Trustee	1.4	X	2000	0	0
Jack Garey
Trustee	1.6	X	0	0	0
Roberto L Gomez
Trustee	1.4	X	0	0	0
Robert H Graham
Trustee	1.6	X	0	0	0
Kay Granger
Trustee	1.4	X	0	0	0
Larry J Haynes
Trustee & Co-Vice Chair	1.4	X	0	0	0	X
Ronald D Henderson
Trustee	1.4	X	0	0	0
C Preston Hollis
Trustee	1.4	X	0	0	0
Janice Riggle Huie
Trustee	1.4	X	0	0	0
Robert W Karr
Trustee	1.4	X	0	0	0
Bart C Koontz
Trustee	1.4	X	0	0	0
R Griffin Lord
Trustee & Secretary/Treasurer	1.4	X	0	0	0	X
J Michael Lowry
Trustee	1.4	X	0	0	0
Helen E Black McAllister
Trustee & Co-Vice Chair	1.4	X	0	0	0	X
Red McCombs
Trustee	1.4	X	0	0	0
Michael McKee
Trustee	1.4	X	0	0	0
J Eric McKinney
Trustee	1.4	X	9342	0	3320
David J McNitzky
Trustee	1.4	X	0	0	0
Laura A Merrill
Trustee	1.4	X	0	0	0
Charles R Millikan
Trustee	1.4	X	0	0	0
Merriman Morton
Trustee & Chair	1.9	X	0	0	0	X
Barbara Prats Neely
Trustee	1.4	X	0	0	0
Ernesto Nieto
Trustee	1.4	X	0	0	0
Steven A Raben
Trustee	1.4	X	0	0	0
Robert T Rork
Trustee	1.6	X	0	0	0
Robert C Scott
Trustee	1.4	X	0	0	0
Pete Sessions
Trustee	1.4	X	0	0	0
Namiqa Shipman
Trustee	1.4	X	0	0	0
Blake Stanford
Trustee	1.4	X	0	0	0
Stephen G Tipps
Trustee	1.4	X	0	0	0
Donald W Underwood
Trustee	1.4	X	0	0	0
James W Walzel
Trustee	1.6	X	0	0	0
D Max Whitfield
Trustee	1.4	X	0	0	0
Doak M Worley IV
Trustee	1.4	X	0	0	0
Robert D Wunsch
Trustee	1.4	X	0	0	0
Jack B Schrum
Trustee & President	40	X	390306	0	187187	X
Richard L Anderson
VP of Fiscal Affairs	40		231152	0	34612	X
C Richard McKelvey
VP Institutional Advancement	40		231739	0	33877		X
James W Hunt
Provost/Dean of Faculty	40		225385	0	50844		X
Gerald D Brody
VP Student Life	40		150338	0	41245		X
W Joseph King
Exe Dir of NITLE & VP for Innovation	40		163557	0	22150			X
Thomas J Oliver
VP Enrollment Services	40		140916	0	25594			X
Paul J Gaffney
Dean of Fine Arts	40		143422	0	21305			X
J Michael Leese
Assoc VP & Dean of Students	40		136800	0	23504			X
Andrew J Senchack
Professor of Business	40		135151	0	26327			X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	1960108	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	469965	TotalOtherCompensation
Number Individuals GT100 K	21	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation	Address Line2AddressOfContractor/AddressUS/AddressLine2
Skyline Commercial Inc
4801 Spicewood Springs Road	Austin	TX	78759	Construction	6661537
Sodexo Inc
8901 Washingtonian Blvd	Gaithersburg	MD	20878	Food Service	1801497
EIIA
200 S Wacker Dr 1000	Chicago	IL	60606	Insurance	799788
Great Lakes Colleges Assoc Inc
535 W William	Ann Arbor	MI	48103	NITLE Contract	539303	Ste 301
Group Two Architecture Inc
101 W 6th St	Austin	TX	78701	Architects	534872	Suite 615

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	20	NumberOfContractorsGT100K
Federated Campaigns	0	FederatedCampaigns
Membership Dues	42234	MembershipDues
Fundraising Events	30840	FundraisingEvents
Related Organizations	0	RelatedOrganizations
Government Grants	1140786	GovernmentGrants
All Other Contributions	7876915	AllOtherContributions
Noncash Contributions	1841388	NoncashContributions
Total Contributions	9090775	TotalContributions

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue	ExclusionExclusionAmount
Tuition and Fees	611310	38622081	38622081	0	$0
Auxiliary Enterprises	713910	8910496	8820620	89876	$0

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Total Program Service Revenue	47532577	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	6246510	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	3579	UnrelatedBusinessRevenue
Exclusion	$6,242,931	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	8940	Real
Personal	0	Personal

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	47489	Real
Personal	0	Personal

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	-38549	Real
Personal	0	Personal

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	-38549	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	-$38,549	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	105481743	Securities
Other	0	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	107109970	Securities
Other	0	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	-1628227	Securities
Other	0	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	-1628227	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	-$1,628,227	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	15784	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	30840	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	14504	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	1280	TotalRevenueColumn
Related Or Exempt Function Income	1280	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Gaming	0	GrossIncomeGaming
Gaming Direct Expenses	0	GamingDirectExpenses

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	0	GrossSalesOfInventory
Cost Of Goods Sold	0	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	ExclusionExclusionAmount
NITLE	611710	716074	716074	$0
Summer Theatre Camp	611310	101645	101645	$0
Recovery PY Utility Main Overcharge by City of Gtown	221000	96870	96870	$0

Miscellaneous Revenue MiscellaneousRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	535937	TotalRevenueColumn
Related Or Exempt Function Income	237579	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	298358	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	1450526	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	62654892	TotalRevenueColumn
Related Or Exempt Function Income	48596149	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	391813	UnrelatedBusinessRevenue
Exclusion	$4,576,155	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	16286029	Total
Program Services	16286029	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	257468	Total
Program Services	257468	ProgramServices

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	1396578	Total
Program Services	240990	ProgramServices
Management And General	998504	ManagementAndGeneral
Fundraising	157084	Fundraising

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	25174083	Total
Program Services	20530095	ProgramServices
Management And General	3892982	ManagementAndGeneral
Fundraising	751006	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	2181099	Total
Program Services	1719065	ProgramServices
Management And General	391688	ManagementAndGeneral
Fundraising	70346	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	4378507	Total
Program Services	2920198	ProgramServices
Management And General	1381610	ManagementAndGeneral
Fundraising	76699	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	2145493	Total
Program Services	1587232	ProgramServices
Management And General	493820	ManagementAndGeneral
Fundraising	64441	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	91863	Total
Program Services	0	ProgramServices
Management And General	91863	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	174356	Total
Program Services	0	ProgramServices
Management And General	174356	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total
Fundraising	0	Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	2069734	Total
Program Services	0	ProgramServices
Management And General	2069734	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	3090374	Total
Program Services	2086470	ProgramServices
Management And General	993904	ManagementAndGeneral
Fundraising	10000	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	41402	Total
Program Services	39712	ProgramServices
Management And General	1690	ManagementAndGeneral
Fundraising	0	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	1396048	Total
Program Services	1057003	ProgramServices
Management And General	261315	ManagementAndGeneral
Fundraising	77730	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	388513	Total
Program Services	36246	ProgramServices
Management And General	333659	ManagementAndGeneral
Fundraising	18608	Fundraising

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	1628595	Total
Program Services	1536052	ProgramServices
Management And General	87940	ManagementAndGeneral
Fundraising	4603	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	1423473	Total
Program Services	1190605	ProgramServices
Management And General	175065	ManagementAndGeneral
Fundraising	57803	Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	222277	Total
Program Services	41477	ProgramServices
Management And General	171582	ManagementAndGeneral
Fundraising	9218	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	526337	Total
Program Services	458055	ProgramServices
Management And General	63703	ManagementAndGeneral
Fundraising	4579	Fundraising

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	4564937	Total
Program Services	3971865	ProgramServices
Management And General	553366	ManagementAndGeneral
Fundraising	39706	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	371715	Total
Program Services	304054	ProgramServices
Management And General	66044	ManagementAndGeneral
Fundraising	1617	Fundraising

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
Post Retirement Benefits	1863523	0	1863523
Utilities - Electric	1059945	0	1059945
Tax Allocation for Operations & Maintenance	1430561	1430561	0
Library	601221	601221	0
Equipment Rental & Maintenance	411928	411928	0

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	3755038	Total
Program Services	2942161	ProgramServices
Management And General	719394	ManagementAndGeneral
Fundraising	93483	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	76931097	Total
Program Services	59648487	ProgramServices
Management And General	15845687	ManagementAndGeneral
Fundraising	1436923	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	41001004	BOY
EOY	36614474	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	13000000	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	8769171	BOY
EOY	6906622	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	4411447	BOY
EOY	4936821	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	686965	BOY
EOY	583013	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	1375123	BOY
EOY	1380627	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	181948671	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	83290906	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	93576840	BOY
EOY	98657765	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	188012015	BOY
EOY	190990571	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	3742213	BOY
EOY	4070887	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	0	BOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	7075193	BOY
EOY	1454653	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	348649971	BOY
EOY	358595433	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	5630736	BOY
EOY	5685609	EOY

Grants Payable GrantsPayable

Field	Value	IRS element (for citing)
BOY	3277220	BOY
EOY	3258416	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	1316994	BOY
EOY	1328239	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	29573973	BOY
EOY	28395217	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Loans From Officers Directors LoansFromOfficersDirectors

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	22460577	BOY
EOY	30401775	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	62259500	BOY
EOY	69069256	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	78992140	BOY
EOY	75450854	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	140275176	BOY
EOY	143148980	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	67123155	BOY
EOY	70926343	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	286390471	BOY
EOY	289526177	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	348649971	BOY
EOY	358595433	EOY

Field	Value	IRS element (for citing)
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited
Audit Committee	1	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	1	FederalGrantAuditRequired
Federal Grant Audit Performed	1	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School170b1 Aii	X	School170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Art Public Exhibition Amts ArtPublicExhibitionAmts

Field	Value	IRS element (for citing)
Revenues Included	0	RevenuesIncluded
Assets In Part X	3801950	AssetsInPartX

Held Works Of Art Amts HeldWorksOfArtAmts

Field	Value	IRS element (for citing)
Revenues Included	0	RevenuesIncluded
Assets In Part X	0	AssetsInPartX

Field	Value	IRS element (for citing)
Collect Used For Public Exhibition	X	CollectUsedForPublicExhibition
Collect Used For Scholar Research	X	CollectUsedForScholarResearch
Collect Used For Preservation	X	CollectUsedForPreservation
Solicited Assets For Sale	0	SolicitedAssetsForSale

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	226857411	BeginningOfYearBalance
Contributions	2452201	Contributions
Investment Earnings Or Losses	25619694	InvestmentEarningsOrLosses
Grants Or Scholarships	14087256	GrantsOrScholarships
Other Expenditures	-941447	OtherExpenditures
Administrative Expenses	0	AdministrativeExpenses
End Of Year Balance	241783497	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	280638212	BeginningOfYearBalance
Contributions	759845	Contributions
Investment Earnings Or Losses	-41956258	InvestmentEarningsOrLosses
Grants Or Scholarships	2702276	GrantsOrScholarships
Other Expenditures	9882112	OtherExpenditures
Administrative Expenses	0	AdministrativeExpenses
End Of Year Balance	226857411	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.1726	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.2856	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.5418	TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs	1	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	0	EndowmentsHeldByRelatedOrgs

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	6419666	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	111509	OtherCostOrOtherBasis
Book Value	6531175	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	129129561	OtherCostOrOtherBasis
Depreciation	44592091	Depreciation
Book Value	84537470	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	0	OtherCostOrOtherBasis
Depreciation	0	Depreciation
Book Value	0	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	32445524	OtherCostOrOtherBasis
Depreciation	26261066	Depreciation
Book Value	6184458	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	13842411	OtherCostOrOtherBasis
Depreciation	12437749	Depreciation
Book Value	1404662	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	98657765	TotalOfBookValueLandBuildings

Financial Derivatives FinancialDerivatives

Field	Value	IRS element (for citing)
Book Value	0	BookValue

Closely Held Equity Interests CloselyHeldEquityInterests

Field	Value	IRS element (for citing)
Book Value	0	BookValue

Other Securities OtherSecurities (2 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
Beneficial Inerests in Fund Held by Others	3897553	F
Other	173334	C

Field	Value	IRS element (for citing)
Total Of Book Value Securities	4070887	TotalOfBookValueSecurities

Other Assets OtherAssets

Field	Value	IRS element (for citing)
Description	Construction in Progress	Description
Book Value	1454653	BookValue

Field	Value	IRS element (for citing)
Total Book Value Other Assets	1454653	TotalBookValueOtherAssets
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
Post Retirement Benefits Payable	$30,319,375
Deferred Compensation	$82,400

Field	Value	IRS element (for citing)
Total Of Amounts	30401775	TotalOfAmounts
Total Revenue	62654892	TotalRevenue
Total Expenses	76931097	TotalExpenses
Excess Or Deficit For Year	-14276205	ExcessOrDeficitForYear
Net Unrealized GL On Investments	22853070	NetUnrealizedGLOnInvestments
Donated Services And Facilities	0	DonatedServicesAndFacilities
Investment Expenses	0	InvestmentExpenses
Prior Period Adjustments	0	PriorPeriodAdjustments
Other	-$3,541,007	OtherAmount
Total Adjustments	19312063	TotalAdjustments
Excess Or Deficit Per FS	5035858	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	67803514	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	22853070	NetUnrealizedGainsInvestments
Donated Srvc And Use Of Facilities	0	DonatedSrvcAndUseOfFacilities
Recoveries Of Prior Year Grants	0	RecoveriesOfPriorYearGrants
Other Revenues	339415	OtherRevenues
Revenue Not Rptd F990	23192485	RevenueNotRptdF990
Revenue Subtotal	44611029	RevenueSubtotal
Investment Expenses Not Included	2045320	InvestmentExpensesNotIncluded
Other Revenues Not Included	15998543	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	18043863	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	62654892	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	62767656	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	0	DonatedServicesUseOfFacilities
Prior Year Adjustments	0	PriorYearAdjustments
Losses Reported	0	LossesReported
Other Expenses Included	3880422	OtherExpensesIncluded
Expenses Not Rptd F990	3880422	ExpensesNotRptdF990
Expenses Subtotal	58887234	ExpensesSubtotal
Investment Expenses Not Included2	2045320	InvestmentExpensesNotIncluded2
Other Expenses Not Included	15998543	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	18043863	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	76931097	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (8 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
SchD_P03_S00_L04	Schedule D, Part III, Line 4	Southwestern University has 19 collections within the Special Collections of the A Frank Smith Library Center that contain a variety of books, records, papers, maps and manuscripts that are maintained for historical purposes, public exhibition and student educational research.
SchD_P05_S00_L04	Schedule D, Part V, Line 4	Southwestern University endowments include $200,060,616 (83%) of donor restricted endowment funds and $41,722,881 (17%) of Board-designated funds functioning as endowment funds. All donor restricted endowments are used only as the donors intended per the donor restrictions. The Board-designated funds support general program services of the University.
SchD_P10_S00_L00	Schedule D, Part X	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 benefits.
SchD_P11_S00_L08	Schedule D, Part XI, Line 8	$277,422 Change in Split Interest Agreement + $2,203,753 is gain due to change in nature of promises receivable + ($6,084,175) is loss due to post-retirement related changes other than net periodic pension costs + $14,504 Special Events Expenses + $47,489 Rental Activity Expenses = ($3,541,007) is the net of these three numbers above.
SchD_P12_S00_L02d	Schedule D, Part XII, Line 2d	$47,489 Rental Activity Expenses + $14,504 Special Events Expenses + $277,422 Split Interest Agreement = $339,415.
SchD_P12_S00_L04b	Schedule D, Part XII, Line 4b	$15,998,543 is amount spent on scholarships and grants that is netted against tuition and fees on the financial statements.
SchD_P13_S00_L02d	Schedule D, Part XIII, Line 2d	($6,084,175) is post-retirement related changes other than net periodic pension costs + $2,203,753 is gain due to change in nature of promises receivable = ($3,880,422).
SchD_P13_S00_L04b	Schedule D, Part XIII, Line 4b	$15,998,543 is amount spent on scholarships and grants that is netted against tuition and fees on the financial statements.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	1	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	1	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	1	PolicyPublViaBroadcastMedia
Pub Via Broadcast Media Expln	An annual notice is published in the following newspapers: Williamson County Sun, Austin American Statesman, Houston Chronicle, and the Dallas Morning News. Policies are included in all student, faculty and staff handbooks.	PubViaBroadcastMediaExpln
Maint Racial Composition Records	1	MaintRacialCompositionRecords
Maint Scholarships Records	1	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	1	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	1	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	0	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	0	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	0	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	0	DiscriminateRaceScholarships
Discriminate Race Educ Policies	0	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	0	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	0	DiscriminateRaceOtherActy
Government Financial Aid Received	1	GovernmentFinancialAidReceived
Government Financial Aid Revoked	0	GovernmentFinancialAidRevoked
Govt Financial Aid Explanation	The University receives financial aid from both the federal government and the State of Texas, which is awarded to students using the Department of Education methodology. The main federal financial assistance programs for students include: Federal Family Education Loans, Federal Perkins Loans, Federal Pell Grants, Federal Work-Study, and Federal SEOG. The main state financial assistance grant is the Tuition Equalization Grant. The University also receives federal financial assistance for academic grants and research.	GovtFinancialAidExplanation
Compliance With Rev Proc7550	1	ComplianceWithRevProc7550

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	1	GrantRecordsMaintained

Accts Actvs Out US Table AcctsActvsOutUSTable (10 entries)

RegionRegion	Number Of EmployeesNumberOfEmployees	Type Of Activities ConductedTypeOfActivitiesConducted	Total ExpendituresTotalExpenditures	Specific Services ProvidedSpecificServicesProvided
Europe (including Iceland and Greenland)	0	Grantmaking	62336
South Asia	0	Grantmaking	5700
East Asia and the Pacific	0	Grantmaking	14566
South America	0	Grantmaking	6000
Central America and the Caribbean	0	Grantmaking	8615
North America (including Canada and Mexico, but not the United States)	0	Grantmaking	12455
Sub-Saharan Africa	0	Grantmaking	2685
Europe (including Iceland and Greenland)	4	Program Services	116463	Study Abroad Program
Central America and the Caribbean	1	Program Services	20382	Study Abroad Program
North America (including Canada and Mexico, but not the United States)	1	Program Services	8266	Study Abroad Program

Field	Value	IRS element (for citing)
Total Number Of Offices	0	TotalNumberOfOffices
Total Number Of Employees	6	TotalNumberOfEmployees
Total Amount Spent	257468	TotalAmountSpent

Grants To Ind Outside US GrantsToIndOutsideUS (13 entries)

Type Of AssistanceTypeOfAssistance	RegionRegion	Number Of RecipientsNumberOfRecipients	Amount Of Cash GrantAmountOfCashGrant	Manner Of Cash DisbursementMannerOfCashDisbursement
Scholarships	Europe (including Iceland and Greenland)	39	54250	Check
Scholarships	South Asia	1	3000	Check
Scholarships	East Asia and the Pacific	5	7000	Check
Scholarships	South America	6	6000	Check
Scholarships	Central America and the Caribbean	10	8615	Check
Scholarships	North America (including Canada and Mexico, but not the United States)	13	11200	Check
Scholarships	Sub-Saharan Africa	3	2685	Check
Housing	Europe (including Iceland and Greenland)	3	20826	Wire
Federal Faculty Research Grant	East Asia and the Pacific	1	3644	Check
Faculty Development/Research	Europe (including Iceland and Greenland)	5	8086	Check
Faculty Development/Research	East Asia and the Pacific	2	3922	Check
Faculty Development/Research	North America (including Canada and Mexico, but not the United States)	1	1255	Check
Faculty Development/Research	South Asia	1	2700	Check

Form990 Schedule F Part IV Form990ScheduleFPartIV

Field	Value	IRS element (for citing)
Identifier	SchF_P01_S00_L02	Identifier
Return Reference	Schedule F, Part I, Line 2	ReturnReference
Explanation	All students at Southwestern University are required to apply for the study abroad program at The Office of Intercultural Learning. Students then meet with the Director of Intercultural Learning to discuss their major, eligibility, best options and goals, and to identify the appropriate study abroad program. Both the Office of Financial Aid and the Office of Intercultural Learning meet to review all the students accepted in the study abroad program and to determine financial need. Scholarships are awarded to the students with the highest need based on funds available. The Office of Financial Aid and its operations are subject to internal control review by the University's external auditors as part of the financial statement audit. Payments for certain scholarships are made directly to the institutions sponsoring the study abroad program. Payments related to the Paideia program are made to the students on a reimbursement basis. Students are required to complete a request for reimbursement that includes the approval/signature from an assigned faculty mentor and attached proof of prior payment of study abroad expenses. The forms are then reviewed by the Assistant Dean of Faculty Development and Sponsored Projects and the Assistant Controller before processed for payment. Payments for faculty members' room and board related to study abroad programs were made by the Controller via wire transfer directly to the owner of the rental property. Southwestern University's method of accounting for these expenditures includes using different account numbers to track some of the different study abroad programs, scholarships expenses and all foreign travel.	Explanation

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	Pirate Golf	NameOfEvent1
Gross Receipts Event1	29650	GrossReceiptsEvent1
Charitable Contributions Event1	19616	CharitableContributionsEvent1
Gross Revenue Event1	10034	GrossRevenueEvent1
Cash Prizes Event1	0	CashPrizesEvent1
Non Cash Prizes Event1	689	NonCashPrizesEvent1
Rent Facility Costs Event1	5225	RentFacilityCostsEvent1
Food And Beverage Event1	2734	FoodAndBeverageEvent1
Entertainment Event1	0	EntertainmentEvent1
Other Direct Expenses Event1	0	OtherDirectExpensesEvent1
Name Of Event2	Jameson 5K	NameOfEvent2
Gross Receipts Event2	10888	GrossReceiptsEvent2
Charitable Contributions Event2	7495	CharitableContributionsEvent2
Gross Revenue Event2	3393	GrossRevenueEvent2
Cash Prizes Event2	0	CashPrizesEvent2
Non Cash Prizes Event2	319	NonCashPrizesEvent2
Rent Facility Costs Event2	0	RentFacilityCostsEvent2
Food And Beverage Event2	0	FoodAndBeverageEvent2
Entertainment Event2	0	EntertainmentEvent2
Other Direct Expenses Event2	2649	OtherDirectExpensesEvent2
Total Number Of Other Events	1	TotalNumberOfOtherEvents
Gross Receipts Other Events	6086	GrossReceiptsOtherEvents
Charitable Contrib Other Events	3729	CharitableContribOtherEvents
Gross Revenue Other Events	2357	GrossRevenueOtherEvents
Cash Prizes Other Events	0	CashPrizesOtherEvents
Non Cash Prizes Other Events	0	NonCashPrizesOtherEvents
Rent Facility Costs Other Events	0	RentFacilityCostsOtherEvents
Food And Beverage Other Events	0	FoodAndBeverageOtherEvents
Entertainment Other Events	0	EntertainmentOtherEvents
Other Direct Expenses Other Events	2888	OtherDirectExpensesOtherEvents
Gross Receipts Total	46624	GrossReceiptsTotal
Charitable Contributions Total	30840	CharitableContributionsTotal
Gross Revenue Total Events	15784	GrossRevenueTotalEvents
Cash Prizes Total Events	0	CashPrizesTotalEvents
Non Cash Prizes Total Events	1008	NonCashPrizesTotalEvents
Rent Facility Costs Total Events	5225	RentFacilityCostsTotalEvents
Food And Beverage Total Events	2734	FoodAndBeverageTotalEvents
Entertainment Total Events	0	EntertainmentTotalEvents
Other Direct Expenses Total Events	5537	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	14504	DirectExpenseSummaryEvents
Net Income Summary	1280	NetIncomeSummary

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	1	RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII (37 entries)

Type Of GrantTypeOfGrant	Number Of RecipientsNumberOfRecipients	Amount Of Cash GrantAmountOfCashGrant
Pre Med Scholarship	14	43000
Music, Art, Theatre Scholarship	106	389770
National Merit Scholarship	13	22580
Star Loan Interest Subsidy	435	279687
Beneficiary Scholarship	14	6600
Brown Scholars	14	545380
Supplemental Education Opportunity Grants	168	132880
Academic Competitiveness Grant	132	90787
Smart Grant	11	24000
BEI Scholarship	1	30220
James S Kemper Foundation Scholarship	4	19000
United Methodist Higher Education Foundation-Dollars for Scholars	4	8000
Hatton W Sumners Foundation	8	80000
Kappa Sigma Scholarship	1	7250
SU Scholarship	19	107691
SU Scholarship (Need-based)	485	3965914
Upward Bound Scholarship	6	148401
TUMCA Scholarship	2	23797
Cain Scholarship	8	31643
Feagin Scholarship	1	16900
Martin Esteban Aleman Scholarship	1	6000
Rockwell Scholarship	30	123162
Tuition Waiver	2	49605
National Hispanic Scholar Recognition Award	8	15000
Ruter Scholar Award	145	802720
Mood Scholar Award	498	5232247
Cody Scholar Award	183	2883411
President's Achievement Scholarship	43	183000
National Hispanic Institute	12	22000
National Merit Commended	30	28500
AP/IB Recognition Award	268	408100
John N Score Scholarship	1	36400
SU Excellence Scholarship	8	15750
Wilson Scholarship	1	30220
Brackenridge Scholarship	10	13000
SU Grant (Need-based)	1	15110
Other Scholarships < $5,000	39	52418

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	SchI_P01_S00_L02	Identifier
Return Reference	Schedule I, Part I, Line 2	ReturnReference
Explanation	Institutional Financial Aid. The University made need-based and merit-based grants and scholarships to 1,193 students in fiscal 2010, which represents approximately 95% of the student body, and totaling $15,998,543. Additionally, the University awards financial aid through various federal, state and private scholarship, loan and student work programs as part of its overall financial aid program. The University Financial Aid office is responsible for management of all financial aid programs. The University uses the Department of Education methodology to determine family need for awarding need-based awards. Merit-based awards are determined based on various academic (GPA, rank in class, etc.) as well as other qualitative measures. It is the responsibility of the Financial Aid office to ensure compliance with the non-discrimination policy relating to awarding of financial aid as approved by the Board of Trustees, as well as to ensure compliance with federal and state regulations on financial aid, and University policy and internal control objectives. The financial aid office and its operations are subject to internal control review by the University's external auditors as part of the annual financial statement audit. Additionally, the University's awarding and management of financial aid awards is subject to an annual Single Audit (Circular A-133) and State of Texas audits (for various state financial aid programs). Results of these audits are reported to the University Senior Staff, the Board of Trustees Audit Committee and the Board of Trustees Fiscal Affairs Committee.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	X	TravelForCompanions
Idemnification Gross Up Payments	X	IdemnificationGrossUpPayments
Housing Allowance Or Residence	X	HousingAllowanceOrResidence
Club Dues Or Fees	X	ClubDuesOrFees
Personal Services	X	PersonalServices
Written Policy Re T And E Expenses	1	WrittenPolicyReTAndEExpenses
Substantiation Required	1	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	0	SeverancePayment
Supplemental Nonqual Retire Plan	0	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	0	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	0	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	0	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	0	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	0	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	0	AnyNonFixedPayments
Initial Contract Exception	0	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (10 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
Jack B Schrum
344824	0	0	0	45482	0	24500	0	172752	0	587558	0	0	0
Richard L Anderson
217656	0	0	0	13496	0	22036	0	12981	0	266169	0	0	0
James W Hunt
215052	0	0	0	10333	0	21594	0	29781	0	276760	0	0	0
C Richard McKelvey
220338	0	0	0	11401	0	22052	0	12356	0	266147	0	0	0
Gerald D Brody
148591	0	0	0	1747	0	16400	0	25376	0	192114	0	0	0
W Joseph King
162597	0	0	0	960	0	14583	0	7702	0	185842	0	0	0
Thomas J Oliver
139476	0	0	0	1440	0	14494	0	11505	0	166915	0	0	0
Paul J Gaffney
142194	0	0	0	1228	0	14351	0	7485	0	165258	0	0	0
J Michael Leese
133686	0	0	0	3115	0	13777	0	10257	0	160835	0	0	0
Andrew J Senchack
132238	0	0	0	2913	0	13902	0	12956	0	162009	0	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
SchJ_P01_S00_L01a	Schedule J, Part I, Line 1a	TRAVEL FOR COMPANIONS - On occasion the President's wife attends business meeting in conjunction with the President in representing the University. All University-funded travel-related expenses for the President's wife are treated as taxable compensation and reported on IRS Form W-2. RESIDENCE & PERSONAL SERVICES - The University requires the President to reside in the Turner Fleming House, located on campus, for the convenience of the University, as part of his employment contract with the University. The Turner Fleming House is used by the President for personal residence, hosting various meetings and business-related social events and other University functions. The University provides housekeeping, grounds keeping and maintenance service consistent with other University buildings. The valuation for personal usage of the Turner Fleming House, as reported in Part II, includes the estimated fair market rental value, utilities, housekeeping and grounds keeping services. HEALTH OR SOCIAL CLUB DUES - The University provides country club memberships and other social club memberships for certain key employees of the University. These memberships are used primarily for hosting guests during fund-raising meetings and other business-related meetings. The University includes the cost of these memberships as taxable compensation on the employee's IRS Form W-2. TAX GROSS-UP PAYMENTS - The University reimburses certain officers and key employees for income tax obligations related to university-reimburses travel for companions, social and club dues, personal use of University automobile and University-funded home internet service.
SchJ_P01_S00_L03	Schedule J, Part I, Line 3	The Board of Trustees Compensation Committee is responsible for setting compensation for the Senior Staff of the University. Senior Staff includes the President and all vice president-level staff. Additionally, each year any employees listed in IRS Form 990 Part VII, officer, key employee and highly paid employee, not already within the scope of the Compensation Committee, are added to the Committee's scope of oversight. The Compensation Committee includes only independent Board of Trustees members as voting members, plus the Associate Vice President for Human Resources, as a non-voting ex officio member. The Committee compiles industry-wide salary surveys, benchmark institutional data from peer institutions, and other external, objective data, to determine the appropriateness of compensation for employees under its review. The Associate Vice President for Human Resources is responsible for compiling a complete list of all compensation, taxable and non-taxable fringe benefits, and any other relevant data for the Committee. The Compensation Committee reports on the salary administration process to the Board of Trustees on an annual basis for approval by the Board. Full disclosure of compensation is reported on Form 990 for full Board of Trustee review.

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)

Issuer EINIssuerEIN	CUSIP NumberCUSIPNumber	Date IssuedDateIssued	Issue PriceIssuePrice	Description Of PurposeDescriptionOfPurpose	DefeasedDefeased	On Behalf Of IssuerOnBehalfOfIssuer
Crawford Education Facilities Corporation
721536594	225098BF8	2004-07-13	31302757	Refund bonds issued 10/31/84 & 5/11/94 & Construction	0	0
Riesel Education Facilities Corporation
205312407	000000000	2006-08-11	5000000	Construct On-Campus Apartments	0	0

Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)

Total ProceedsTotalProceeds	Amount In Reserve FundAmountInReserveFund	Amount DefeasedAmountDefeased	Amount UnspentAmountUnspent	Issuance Costs From ProceedsIssuanceCostsFromProceeds	Working Capital ExpendituresWorkingCapitalExpenditures	Capital ExpendituresCapitalExpenditures	Year Of Subst CompletionYearOfSubstCompletion	Current RefundingCurrentRefunding	Advance RefundingAdvanceRefunding	Final Allocation MadeFinalAllocationMade	Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind
31409118	0	0	0	384938	0	2502644	2008	1	0	1	1
5134449	0	0	0	53150	0	5081299	2008	0	0	1	1

Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)

Owning Bond Financed PropertyOwningBondFinancedProperty	Any Lease ArrangementsAnyLeaseArrangements	Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty	Any Research AgreementsAnyResearchAgreements	Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged	Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers	Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI	Total Private Business UseTotalPrivateBusinessUse	Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs
0	0	0	0	0	0	0	0	1
0	0	0	0	0	0	0	0	1

Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)

Form8038 T FiledForm8038TFiled	Variable Rate IssueVariableRateIssue	Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds	Gross Proceeds Invested In GICGrossProceedsInvestedInGIC	Gross Proceeds InvestedGrossProceedsInvested	Exception To RebateExceptionToRebate
0	1	0	0	0	0
0	0	0	0	0	0

Schedule L IRS990ScheduleL

Loan Table LoanTable

Field	Value	IRS element (for citing)
Name Person	James M Leese	NamePerson
Purpose Of Loan	Computer Loan	PurposeOfLoan
Loan From Organization	X	LoanFromOrganization
Original Principal	$2,000	OriginalPrincipalAmount
Balance Due	300	BalanceDue
Default	0	Default
Approved By Board	0	ApprovedByBoard
Written Agreement	1	WrittenAgreement

Field	Value	IRS element (for citing)
Total Balance Due	300	TotalBalanceDue

Form990 Schedule L Part III Form990ScheduleLPartIII (3 entries)

Name Of Interested PersonNameOfInterestedPerson	Relationship With OrganizationRelationshipWithOrganization	Amount Of GrantAmountOfGrant
2 People	Tuition Exchange	49700
2 People	Tuition Remission	15168
2 People	Merit Scholarships	13608

Form990 Schedule L Part IV Form990ScheduleLPartIV

Name Of Interested Person NameOfInterestedPerson

Field	Value	IRS element (for citing)
Name Person	Lisa Anderson	NamePerson

Field	Value	IRS element (for citing)
Relationship	Spouse of Officer	Relationship
Amount Of Transaction	36659	AmountOfTransaction
Description Of Transaction	Employment	DescriptionOfTransaction
Sharing Of Revenues	0	SharingOfRevenues

Schedule M IRS990ScheduleM

Books And Publications BooksAndPublications

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Noncash Contribs Rptd F990	27	NoncashContribsRptdF990
Method Of Determining Revenues	Other	MethodOfDeterminingRevenues

Securities Publicly Traded SecuritiesPubliclyTraded

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	19	NumberOfContributions
Noncash Contribs Rptd F990	1841343	NoncashContribsRptdF990
Method Of Determining Revenues	AVG HI/LOW MV	MethodOfDeterminingRevenues

Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)

Non Cash CheckboxNonCashCheckbox	DescriptionDescription	Number Of ContributionsNumberOfContributions	Noncash Contribs Rptd F990NoncashContribsRptdF990	Method Of Determining RevenuesMethodOfDeterminingRevenues
X	Equipment/Instrument	2	2	Other
X	Misc	16	16	Other

Field	Value	IRS element (for citing)
Number Of8283 Received	0	NumberOf8283Received
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	1	ReviewProcessUnusualNCGifts
Third Parties Used	1	ThirdPartiesUsed

Form990 Schedule M Part II Form990ScheduleMPartII

Field	Value	IRS element (for citing)
Identifier	SchM_P01_S00_L32b	Identifier
Return Reference	Schedule M, Part I, Line 32b	ReturnReference
Explanation	Regions Bank is the custodial bank of Southwestern University. Gifts of securities are transferred by the donor to various brokers hired by the University. The brokers then contact the Controller at Southwestern University to inform her of the gift receipt. Southwestern then instructs the brokers to sell the securities at current market value. The proceeds from the sale are transferred to the University's operating, restricted or endowment accounts, for use in accordance with the donor's restriction, if any.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
F990_P06_S0B_L11	Form 990, Part VI, Section B, Line 11	Per the Board approved resolution, the Audit Committee prepares an annual time line for the preparation, review & filing of Form 990. The University's Administration prepares the University's Form 990. The Administration and other staff complete sub-certification statements addressing their individual areas of responsibilities. The University's external counsel reviews the Form 990. The completed and reviewed return, along with sub-certification statements, is reviewed by the chief financial officer (Vice President for Fiscal Affairs). The Vice President for Fiscal Affairs presents the completed return to the Board of Trustees Audit Committee, which has oversight responsibility for the Form 990. After review by the Audit Committee, a copy of the return is made available to the full Board of Trustees for their review before filing. Board Members review the return and return a confirmation of their review. Any comments are submitted in writing to the Audit Committee. The return is then filed electronically with the IRS. The University's external auditing firm reviews the prior year return for completeness and accuracy relevant to the scope and due diligence requirements of the auditing process, and reports any significant or material weaknesses noted to the Board of Trustee Audit Committee. The Audit Committee has oversight responsibility and authority to ensure noted weaknesses or errors are corrected. The Audit Committee reports regularly to the full Board of Trustees.
F990_P06_S0B_L12c	Form 990, Part VI, Section B, Line 12c	The Board of Trustees has delegated ongoing oversight of the University's Conflict of Interest Policy to the Board of Trustees Audit Committee as a permanent duty of the Audit Committee's Charter. The Audit Committee is responsible for proposing changes in the University Conflict of Interest Policy to the full Board of Trustees, and for monitoring compliance with the policy approved by the Board of Trustees. All members of the Board of Trustees, Board committee members, Officers, key employees, members of the Financial Aid office, and all professional financial accounting staff annually complete and submit a questionnaire on possible conflicts of interest and independence. Employees of the University other than the President submit conflict of interest information to the President. The President determines if an actual conflict of interest exists and determines the appropriate mitigating action. The President reports on an annual basis, to the Audit Committee, all identified possible conflicts of interest and mitigating actions taken. The President and the members of the Board of Trustees submit conflict of interest and independence questionnaires to the Board of Trustees Audit Committee. The Audit Committee is responsible for reviewing the situation and recommending to the Board Chairman appropriate mitigating actions. The University has a whistle-blower policy and process under the oversight and authority of the Board of Trustees Audit Committee.
F990_P06_S0B_L15	Form 990, Part VI, Section B, Line 15	The Board of Trustees Compensation Committee is responsible for setting compensation for the Senior Staff of the University. Senior Staff includes the President and all vice president-level staff. Additionally, each year any employees listed in IRS Form 990 Part VII, officer, key employee and highly paid employee, not already within the scope of the Compensation Committee, are added to the Committee's scope of oversight. The Compensation Committee includes only independent Board of Trustees members as voting members, plus the Associate Vice President for Human Resources, as a non-voting ex officio member. The Committee compiles industry-wide salary surveys, benchmark institutional data from peer institutions, and other external, objective data, to determine the appropriateness of compensation for employees under its review. The Associate Vice President for Human Resources is responsible for compiling a complete list of all compensation, taxable and non-taxable fringe benefits, and any other relevant data for the Committee. The Compensation Committee reports on the salary administration process to the Board of Trustees on an annual basis for approval by the Board. Full disclosure of compensation is reported on Form 990 for full Board of Trustee review.
F990_P06_S0C_L19	Form 990, Part VI, Section C, Line 19	The University publishes its Articles of Incorporation, Bylaws, Conflict of Interest Policy, Independence Policy, and the most current three years of audited financial statements, and IRS Form 990 and 990-T on the University website. The information may be accessed at http://www.southwestern.edu/businessoffice/budget.php.
SchE_P00_S00_L06	Schedule E, Line 6	The University receives financial aid from both the federal government and the State of Texas, which is awarded to students using the Department of Education methodology. The main federal financial assistance programs for students include: Federal Family Education Loans, Federal Perkins Loans, Federal Pell Grants, Federal Work-Study, and Federal SEOG. The main state financial assistance grant is the Tuition Equalization Grant. The University also receives federal financial assistance for academic grants and research.
SchK_P02_S00_L03	Schedule K, Part II, Line 3	For the Crawford Education Facilities Corporation bond issue, the proceeds in refunding is zero at the end of this reporting period. However, in 2004, $28,521,536 of the bond proceeds were used to refund the Series 1984 & Series 1994 Bonds.
SchR_P05_S00_L02	Schedule R, Part V, Line 2	Amount of $759,694, for 1n -sharing of paid employees, represents total gross wages for fiscal year 2010 for the three employees of Southwestern University that are shared with Southwestern Foundation. Benefits were not included, since Southwestern Foundation does not have any employee benefits.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

Field	Value	IRS element (for citing)
Business Name Line1	Southwestern Foundation	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1001 East University Avenue	AddressLine1
City	Georgetown	City
State	TX	State
ZIP Code	78626	ZIPCode

Field	Value	IRS element (for citing)
EIN	742736740	EIN
Primary Activities	Maintain property for SU benefit & support	PrimaryActivities
Legal Domicile State	TX	LegalDomicileState
Exempt Code Section	501(c)(3)	ExemptCodeSection
Public Charity Status	Type I - Line 11a	PublicCharityStatus

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	Southwestern University	BusinessNameLine1

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	0	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	1	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	0	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	0	LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org	0	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	0	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	0	ExchangeOfAssets
Rental Of Facilities To Other Orgs	0	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	0	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	0	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	0	PerformOfServicesByOtherOrgs
Sharing Of Facilities	0	SharingOfFacilities
Sharing Of Paid Employees	1	SharingOfPaidEmployees
Reimbursement Paid To Other Org	1	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	1	OtherTransferToOtherOrg
Other Transfer From Other Org	0	OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable

Name Of Other Organization NameOfOtherOrganization

Field	Value	IRS element (for citing)
Business Name Line1	Southwestern Foundation	BusinessNameLine1

Field	Value	IRS element (for citing)
Transaction Type	n	TransactionType
Amount Involved	759694	AmountInvolved