2026-04-15T08:26:52-05:00 2025-05-31 332621854 CRI CAPIN CROUSE ADVISORS LLC 345 MASSACHUSETTS AVE STE 300 INDIANAPOLIS IN 46204 990 2024-06-01 750859801 EAST TEXAS BAPTIST UNIVERSITY EAST 9039357963 ONE TIGER DRIVE MARSHALL TX 75670 JOANNA HAMMOND VP FIN. AFFAIRS/CFO/TREASURER 9039357963 2026-04-15 1 0 ASHLEY PEABODY P01385870 5055022746 2026-04-15 2024 2025-03-06 01:10:19Z DR BLAIR BLACKBURN ONE TIGER DRIVE MARSHALL TX 75670 61624030 0 X WWW.ETBU.EDU X 1912 TX ETBU IS A CHRIST-CENTERED UNIVERSITY FOCUSED ON PREPARING STUDENTS TO BE CHRISTIAN LEADERS. 35 33 902 40 0 0 8913128 8024494 49375315 49969871 2704159 2241036 324428 -249305 61317030 59986096 19338047 18818858 0 0 20515079 21534189 92560 0 641083 22082797 21764472 62028483 62117519 -711453 -2131423 162319971 162683502 27135498 25438731 135184473 137244771 X EAST TEXAS BAPTIST UNIVERSITY (ETBU) WAS FOUNDED IN 1912 AS A FULLY ACCREDITED INSTITUTION OF HIGHER EDUCATION. AFFILIATED WITH THE BAPTIST GENERAL CONVENTION OF TEXAS, ETBU EDUCATES STUDENTS BY INTEGRATING BIBLICAL FAITH AND LEARNING TO DEVELOP MIND, BODY AND SOUL THROUGH COMMUNITY ENGAGEMENT TO PREPARE GRADUATES TO BE CHRISTIAN SERVANT LEADERS IN THEIR CALLING TO GOD AND HUMANITY. OUR PRIMARY FOCUS IS ON QUALITY ACADEMIC PROGRAMS IN THE HUMANITIES, NATURAL AND SOCIAL SCIENCES, FINE ARTS, AND BUSINESS. WE ARE COMMITTED TO CHRISTIAN STEWARDSHIP AND TO PROVIDING AND MAINTAINING AN ENVIRONMENT CONDUCIVE TO LEARNING, LEADERSHIP DEVELOPMENT, AND ACADEMIC EXCELLENCE, SERVING STUDENTS OF VARIED AGES AND OF DIVERSE SOCIOECONOMIC, GEOGRAPHIC, CULTURAL, ETHNIC AND RELIGIOUS BACKGROUNDS. WE AFFIRM THAT THE LIBERAL ARTS FORM THE SUREST FOUNDATION FOR EDUCATION AND THAT THE CHRISTIAN FAITH PROVIDES THE SUREST FOUNDATION FOR LIFE. 0 0 53703830 18818858 49969871 EAST TEXAS BAPTIST UNIVERSITY IS A FULLY ACCREDITED INSTITUTION OF HIGHER EDUCATION, AND ITS SERVICE IS THE INSTRUCTION OF STUDENTS. THE MISSION OF THE UNIVERSITY IS TO EDUCATE STUDENTS BY INTEGRATING BIBLICAL FAITH AND LEARNING TO DEVELOP MIND, BODY, AND SOUL THROUGH COMMUNITY ENGAGEMENT TO PREPARE GRADUATES TO BE CHRISTIAN SERVANT LEADERS IN THEIR CALLING TO GOD AND HUMANITY. FOR THE FALL 2024 SEMESTER, THE UNIVERSITY ENROLLED 1,663 UNDERGRADUATE STUDENTS AND 281 GRADUATE STUDENTS. ETBU STUDENTS HAVE THE CHOICE OF MULTIPLE UNDERGRADUATE AND GRADUATE PROGRAMS, AND TWO DOCTORAL PROGRAMS. PROGRAMS ARE OFFERED THROUGH THE SCHOOLS OF BUSINESS, CHRISTIAN STUDIES, COMMUNICATION AND PERFORMING ARTS, HUMANITIES, EDUCATION, NATURAL AND SOCIAL SCIENCE, NURSING, PROFESSIONAL STUDIES, AND B.H. CARROLL THEOLOGICAL SEMINARY. WITH A STUDENT-TO-FACULTY RATIO OF 15:1 AND AN AVERAGE CLASS SIZE OF 20, STUDENTS RECEIVE INDIVIDUALIZED INSTRUCTION TAUGHT THROUGH A CHRISTIAN WORLDVIEW AND VARIOUS OPPORTUNITIES TO APPLY COURSE CONTENT OUTSIDE OF THE CLASSROOM. DEDICATED FACULTY AND STAFF ARE HOLISTICALLY SHAPING ETBU TIGERS INTO CHRISTIAN SCHOLARS AND SERVANT LEADERS, EQUIPPING THE NEXT GENERATION TO SHARE THE GOSPEL OF CHRIST IN THEIR FUTURE VOCATIONS. 53703830 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 0 1 0 1 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 1 0 1 0 0 0 0 1 1 0 0 0 1 2643 0 1 902 1 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 X 35 33 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X JOANNA HAMMOND 9039232050 ONE TIGER DRIVE MARSHALL TX 75670 PAMELA COURSEY CHAIR 5.00 X X 0 0 0 MIKE ARNOLD VICE CHAIR 3.00 X X 0 0 0 SUZANNE MCWHORTER SECRETARY 3.00 X X 0 0 0 REV JAMES WEBB TRUSTEE 1.00 X 0 0 0 JUDGE DAVID ANDERSON TRUSTEE 1.00 X 0 0 0 KATIE BALFE TRUSTEE 1.00 X 0 0 0 BRUCE BARNES TRUSTEE 1.00 X 0 0 0 JASON BELL TRUSTEE 1.00 X 0 0 0 ELIZABETH BOONE TRUSTEE 1.00 X 0 0 0 SHERRY BUSTIN TRUSTEE 1.00 X 0 0 0 LEON CARTER TRUSTEE 1.00 X 0 0 0 DAVID CHADWICK TRUSTEE 1.00 X 0 0 0 DR ROY COTTON TRUSTEE 1.00 X 0 0 0 BELINDA DENNIS TRUSTEE 1.00 X 0 0 0 DR DM EDWARDS TRUSTEE 1.00 X 0 0 0 SUSAN HENRY TRUSTEE 1.00 X 0 0 0 REV LEONARD HORNSBY TRUSTEE 1.00 X 0 0 0 ANGELA HUFFHINES TRUSTEE 1.00 X 0 0 0 TAMIKO JONES TRUSTEE 1.00 X 0 0 0 DR DIANE LANE TRUSTEE 1.00 X 0 0 0 ANDREA LAZENBY TRUSTEE 1.00 X 0 0 0 LEON LEACH TRUSTEE 1.00 X 0 0 0 CHIP LUTER TRUSTEE 1.00 X 0 0 0 HON CHRIS PADDIE TRUSTEE 1.00 X 0 0 0 MARY PEELER TRUSTEE 1.00 X 0 0 0 ALLISON PETEET TRUSTEE 1.00 X 0 0 0 DR BEN G RAIMER TRUSTEE 1.00 X 0 0 0 LINDA RINGLER TRUSTEE 1.00 X 0 0 0 KELLI RICHARDSON TRUSTEE 1.00 X 0 0 0 SHANNON SMITH TRUSTEE 1.00 X 0 0 0 ANDREA SPINNEY TRUSTEE 1.00 X 0 0 0 MELODY THOMPSON TRUSTEE 1.00 X 0 0 0 WENDY TOMPKINS TRUSTEE 1.00 X 0 0 0 DR KENT WILLIS TRUSTEE 1.00 X 0 0 0 KEITH HILL TRUSTEE 1.00 X 0 0 0 RJ COLLINS TRUSTEE (PART YEAR) 1.00 X 0 0 0 PATRICK COMBS TRUSTEE (PART YEAR) 1.00 X 0 0 0 JERRY BENSON TRUSTEE (PART YEAR) 1.00 X 0 0 0 GLENN BICKERDIKE TRUSTEE (PART YEAR) 1.00 X 0 0 0 DR TYRREL GROHMAN TRUSTEE (PART YEAR) 1.00 X 0 0 0 DR CARY HILLIARD TRUSTEE (PART YEAR) 1.00 X 0 0 0 DR DAVID RITSEMA TRUSTEE (PART YEAR) 1.00 X 0 0 0 DR BLAIR BLACKBURN PRESIDENT 40.00 X 562555 0 59743 DR THOMAS SANDERS SECRETARY/PROVOST/VP FOR ACADEMIC AFFAIRS 40.00 X 190672 0 32170 JOANNA HAMMOND VP FIN. AFFAIRS/CFO/TREASURER 40.00 X 105730 0 39504 RYAN ERWIN SENIOR VP FOR CAMPUS LIFE 40.00 X 175412 0 27831 DR SCOTT BRYANT VP FOR ADVANCEMENT AND ADMINISTRATION 40.00 X 154208 0 31010 CHRIS CRAWFORD AVP OPERATIONS/SOCCER COACH 40.00 X 128179 0 23686 DR COLLEEN HALUPA DEAN OF ONLINE EDUCATION 40.00 X 119078 0 10513 LEE S FERGUSON FORMER CFO/TREASURER 40.00 X 102637 0 26702 DR MARTY WARREN DEAN OF INSTITUTIONAL RESEARCH 40.00 X 106710 0 19624 DR GRACE FANT DEAN/PROFESSOR 40.00 X 104145 0 14955 1749326 0 285738 11 0 1 0 SODEXO INC & AFFILIATES PO BOX 360170 PITTSBURGH PA 152626170 FOOD SERVICE 3869131 SERVICE FIRST JANITORIAL PO BOX 600550 DALLAS TX 75360 JANITORIAL SERVICE 624207 ALL ELEMENTS HEATING & AIR 2009 EAST HOUSTON MARSHALL TX 75672 HVAC CONTRACTOR 437391 EXCEL COMMERCIAL PO BOX 211946 BEDFORD TX 76021 PAINT CONTRACTOR 407320 LONESTAR COACHES 8972 TRINITY BLVD HURST TX 76053 TRANSPORTATION 327207 35 432425 497757 2711302 4383010 76582 8024494 TUITION AND FEES 611310 38319387 38319387 AUXILIARY REVENUE 611310 10988688 10988688 661796 661796 49969871 2142374 2142374 14921 14921 65979 215303 -149324 -149324 -149324 1402716 1282707 21347 120009 -21347 98662 98662 3675 432425 118577 -114902 -114902 59986096 49969871 0 1991731 18818858 18818858 1418278 410398 818574 189306 139583 104523 28475 6585 15892040 14090301 1707920 93819 798845 703258 87559 8028 2138685 1180087 951355 7243 1146758 978029 148319 20410 25360 25360 105784 105784 293000 293000 1617581 201466 1341827 74288 156716 9304 67412 80000 2945261 2661272 236531 47458 407688 373413 30734 3541 3698126 3518779 123449 55898 1825105 1735039 74000 16066 679741 619704 53835 6202 3533513 3221421 279853 32239 1437075 38456 1398619 DINING SERVICES 3335471 3335471 STUDENT SERVICES 466787 466787 AUXILIARY SERVICES 448142 448142 INSTRUCTIONAL EXPENSES 441800 441800 347322 347322 62117519 53703830 7772606 641083 230165 288457 818832 330595 39060 31435 1546646 1629868 166569 186240 649135 848955 135933187 55030798 83095322 80902389 17939674 16549468 44550363 47773400 13284205 14142695 162319971 162683502 2464746 2650614 3481530 2745350 20806595 19366987 450000 382627 225780 27135498 25438731 X 50955001 50092388 84229472 87152383 135184473 137244771 162319971 162683502 X -2131423 2054481 2137240 X 0 1 X 1 1 1 X 10729687 19712683 9699941 8913128 8024494 57079933 10729687 19712683 9699941 8913128 8024494 57079933 5083085 51996848 3180883 3823896 2188142 3079368 2223274 14495563 537112 537112 72112608 233750672 0.72110 0.67610 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: INSURANCE PROCEEDS - 2023 AMOUNT: $ 537,112. SCHEDULE A, PART II: THE ORGANIZATION IS A SCHOOL AS DESCRIBED UNDER 170(B)(1)(A)(II) AND IS NOT REQUIRED TO COMPLETE A PUBLIC SUPPORT SCHEDULE. SCHEDULE A, PART II IS COMPLETED TO VERIFY THE SCHOOL CAN QUALIFY UNDER PUBLIC CHARITY STATUS SECTION 170(B)(1)(A)(VI) AND, THEREFORE, QUALIFIES TO USE THE FIRST LISTED SPECIAL RULE FOR SCHEDULE B REPORTING. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 38709960 659779 2898980 2886900 39381819 34492641 1941874 4316629 2041184 38709960 38087911 477033 641808 4714111 34492641 39969339 1551361 -1218498 2214291 38087911 30584804 2659958 8466680 1742103 39969339 0.04696 0.95304 0.00000 0 1 1 1674438 1674438 119858492 42497563 77360929 12839310 11481580 1357730 1560947 1051655 509292 80902389 PERPETUAL TRUSTS HELD BY OTHERS 33493667 F HIGHGROUND ENDOWMENT 5038295 F OIL & GAS INTEREST 409453 F ALTERNATIVE FUNDS - PRIVATE & PUBLIC 5674335 F ALTERNATIVE FUNDS - FLEXIBLE CAPITAL 3157650 F 47773400 BENEFICIAL INTEREST IN TRUST 13935305 FINANCE RIGHT OF USE ASSET 198793 OPERATING RIGHT OF USE ASSET 8597 14142695 ANNUITY 9534 FINANCE LEASE OBLIGATION 207649 OPERATING LEASE OBLIGATION 8597 225780 45728705 2054481 328867 2471119 4854467 40874238 293000 18818858 19111858 59986096 43668406 328867 333878 662745 43005661 293000 18818858 19111858 62117519 PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT IS TO PAY OUT SCHOLARSHIPS AND CARRY ON THE EDUCATION OF STUDENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 118,577. RENT EXPENSES 215,302. CHANGE IN VALUE PERPETUAL TRUSTS 1,124,512. CHANGE IN VALUE BENEFICIAL INTEREST IN TRUSTS 1,012,728. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 18,818,858. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 118,577. RENT EXPENSES 215,301. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 18,818,858. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY ON THE HOMEPAGE OF ITS WEBSITE AT ALL TIMES DURING ITS TAX YEAR IN A MANNER REASONABLY EXPECTED TO BE NOTICED BY VISITORS. SCHEDULE E, PART I, LINE 6 ETBU RECEIVES FEDERAL FINANCIAL AID IN THE FORM OF TITLE IV FUNDS, INCLUDING PELL GRANT (PELL), FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT (FSEOG), FEDERAL DIRECT STUDENT LOANS (FDL), FEDERAL TEACH GRANTS (TEACH), AND FEDERAL WORK STUDY (FWS). ETBU ALSO RECEIVES FINANCIAL AID FROM THE STATE OF TEXAS AND THE TEXAS HIGHER EDUCATION COORDINATING BOARD IN THE FORM OF TUITION EQUALIZATION GRANTS AND WORK STUDY AID. EUROPE 0 0 PROGRAM SERVICES MISSION TRIP 441230 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES MISSION TRIP 29343 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 1859497 0 0 0 0 0 0 2330070 0 2330070 0 0 0 1 1 0 PART I, LINE 3: THE ORGANIZATION TRACKED EXPENDITURES IN ACCORDANCE WITH ACCRUAL BASIS OF ACCOUNTING. SCH. F, PART IV, LINE 4 THE ORGANIZATION HAS ANALYZED ITS OWNERSHIP IN THE PASSIVE FOREIGN INVESTMENT COMPANY AND HAS DETERMINED THAT IT DOES NOT MEET THE REPORTING THRESHOLDS FOR FORM 8621 OR FORM 8865. PRESIDENTIAL GALA 360500 360500 8205 6262 15665 61841 LUNCHEON 67600 64800 2800 6559 9931 1 8000 7125 875 3754 6359 436100 432425 3675 8205 16575 15665 78131 118576 -114901 1 EDUCATIONAL SCHOLARSHIPS 1619 18818858 PART I, LINE 2: THE UNIVERSITY ENTERS INTO THEIR COMPUTER SYSTEM (POISE), AS BUDGETED AMOUNTS, THE AMOUNTS THAT THE DEPARTMENT OF EDUCATION HAS ALLOCATED TO BE AWARDED TO ELIGIBLE STUDENTS. THE FINANCIAL AID DEPARTMENT PRINTS OUT A FUND REPORT FROM POISE THAT SHOWS THE BUDGET AMOUNT, HOW MUCH HAS BEEN AWARDED, AND HOW MUCH IS AVAILABLE TO BE AWARDED. THEN THE FINANCIAL AID DEPARTMENT AWARDS TO EACH STUDENT WHO HAS APPLIED FOR FINANCIAL AID AND MEETS THE UNIVERSITY'S QUALIFICATIONS, STATE, AND FEDERAL GUIDELINES FOR FINANCIAL AID THE AMOUNT THAT THE STUDENT IS ELIGIBLE TO RECEIVE. THE AMOUNTS THAT THE STUDENT RECEIVES ARE CREDITED TO THEIR ACCOUNT AT THE UNIVERSITY, THEN THE UNIVERSITY AUTOMATICALLY DEDUCTS TUITION, HOUSING EXPENSES, MEAL PLAN EXPENSES, BOOKS, AND UNIVERSITY FEES. IF THERE IS A BALANCE REMAINING, IT IS THEN REFUNDED TO THE STUDENT. THE FINANCIAL AID DEPARTMENT IS AUDITED EACH YEAR BY INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS. X X 1 1 X X X 0 1 0 0 0 0 0 1 0 DR BLAIR BLACKBURN PRESIDENT 444350 0 115883 0 2322 0 41707 0 18036 0 622298 0 0 0 DR THOMAS SANDERS SECRETARY/PROVOST/VP FOR ACADEMIC AF 166113 0 13500 0 11059 0 15592 0 16578 0 222842 0 0 0 RYAN ERWIN SENIOR VP FOR CAMPUS LIFE 167185 0 3000 0 5227 0 14251 0 13580 0 203243 0 0 0 DR SCOTT BRYANT VP FOR ADVANCEMENT AND ADMINISTRATIO 152640 0 500 0 1068 0 18630 0 12380 0 185218 0 0 0 CHRIS CRAWFORD AVP OPERATIONS/SOCCER COACH 97043 0 500 0 30636 0 10486 0 13200 0 151865 0 0 0 PART I, LINE 1A AS A CONDITION OF EMPLOYMENT, AND AS A CONVENIENCE TO THE UNIVERSITY, THE PRESIDENT IS PROVIDED A HOME ON UNIVERSITY GROUNDS. THESE BENEFITS ARE PROVIDED AS NON-TAXABLE BENEFITS ACCORDINGLY. THE UNIVERSITY ALSO PROVIDES GROUNDS CARE AND HOUSEKEEPING FOR THE HOME SINCE THE PRESIDENT HOSTS FUNCTIONS FOR THE UNIVERSITY AT HIS HOME. THE HOME IS PROVIDED AS A NONTAXABLE BENEFIT TO THE PRESIDENT BECAUSE IT IS REQUIRED IN HIS CONTRACT AND HE RESIDES THERE FOR THE CONVENIENCE OF THE UNIVERSITY. THESE BENEFITS ARE PROVIDED AS NON-TAXABLE BENEFITS ACCORDINGLY. PART I, LINE 4B THE PRESIDENT RECEIVED 457(F) PLAN CONTRIBUTIONS OF $75,000 WHICH WAS NOT TAXABLE. PART I, LINE 7 THE PRESIDENT RECEIVES DISCRETIONARY BONUS COMPENSATION THAT IS DETERMINED BASED ON PERFORMANCE-BASED GOALS ACHIEVED AND APPROVED BY THE BOARD. DISCRETIONARY BONUS COMPENSATION FOR OFFICERS IS DETERMINED BY THE PRESIDENT BASED ON PERFORMANCE. 53458 MERIT SCHOLARSHIPS EDUCATION LAURA COURSEY FAMILY MEMBER OF PAMELA COURSEY, BOARD CHAIR 67922 WAGES 0 JEB SPINNEY FAMILY MEMBER OF ANDREA SPINNEY, TRUSTEE 22325 WAGES 0 X 400 SALE OF COMPARABLE ITEMS X 1 800 SALE OF COMPARABLE ITEMS X 2 58882 SELLING PRICE X 1 16500 COST 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPRESENT THE NUMBER OF CONTRIBUTIONS RECEIVED, NOT THE NUMBER OF ITEMS DONATED. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS COMPRISED OF THE CHAIRPERSON OF EACH COMMITTEE OF THE BOARD, PLUS THE THREE OFFICERS OF THE BOARD OF TRUSTEES AND SEVERAL AD HOC MEMBERS OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE HAS AUTHORITY TO ACT ON BEHALF OF THE BOARD AND WORKS AS A SMALLER REPRESENTATIVE GROUP OF THE BOARD OF TRUSTEES TO GUIDE THE UNIVERSITY IN MATTERS RELATED TO GOVERNANCE AND AUTHORITY. FORM 990, PART VI, SECTION A, LINE 7A THE BAPTIST GENERAL CONVENTION OF TEXAS, A RELATED ORGANIZATION, APPOINTS A SIMPLE MAJORITY OF THE BOARD OF TRUSTEES FOR ETBU. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING TYPES OF BYLAW AMENDMENTS MAY BE ADOPTED ONLY BY PRIOR NOTICE TO AND APPROVAL OF THE BAPTIST GENERAL CONVENTION OF TEXAS (BGCT), A RELATED ORGANIZATION: (A) INCREASING OR EXTENDING THE TERMS OF TRUSTEES AND (B) ALTERING THE RELATIONSHIP OF ETBU WITH THE BGCT. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT TAX PREPARER AND REVIEWED IN DETAIL BY THE ORGANIZATION'S TOP MANAGEMENT. A COMPLETE COPY OF THE FORM 990 IS THEN PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ALL TRUSTEES AND OFFICERS TO ANNUALLY COMPLETE AND SIGN A CONFLICT OF INTEREST QUESTIONNAIRE. THE PRESIDENT AND CHAIRMAN ARE RESPONSIBLE FOR REVIEWING THE SIGNED STATEMENTS AND ENSURING THAT INTERESTED PERSONS ARE IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. SHOULD ANY POTENTIAL CONFLICTS OF INTEREST BE DISCLOSED, THE TRUSTEE WOULD BE ASKED TO REFRAIN FROM PARTICIPATION IN ANY DELIBERATION OR DECISION WITH REGARD TO MATTERS AFFECTED BY THE RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE PRESIDENT IS DETERMINED USING AN INDEPENDENT COMPENSATION CONSULTANT AND COMPARABILITY DATA. THE PRESIDENT'S BASE SALARY IS SET IN THE PRESIDENT'S WRITTEN EMPLOYMENT CONTRACT, AND HIS/HER PERFORMANCE IS EVALUATED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, BASED ON ANNUAL GOALS AND OBJECTIVES PREVIOUSLY SET BY THE BOARD AND COMMUNICATED TO THE PRESIDENT. THE EXECUTIVE COMMITTEE REPORTS THE RESULTS OF THIS EVALUATION TO THE FULL BOARD, ALONG WITH ITS RECOMMENDATION FOR A BONUS, IF ANY. IF THE BONUS IS APPROVED BY THE BOARD, THE BONUS IS DOCUMENTED IN THE PRESIDENT'S PERSONNEL FILE, COMMUNICATED TO THE VICE PRESIDENT FOR FINANCIAL AFFAIRS, AND ADDED TO HIS/HER PAY AT THE NEXT PAY PERIOD. FORM 990, PART VI, SECTION B, LINE 15B: THE PRESIDENT CONDUCTS A PERFORMANCE EVALUATION OF EACH OFFICER EVERY FISCAL YEAR. ANY MERIT SALARY INCREASES FOR OFFICERS ARE BASED UPON THIS EVALUATION AND COMPARATIVE DATA FROM SEVERAL RECOGNIZED HIGHER EDUCATION ORGANIZATIONS. IF WARRANTED, A MERIT INCREASE WILL BE COMMUNICATED TO THE OFFICER UPON THE RENEWAL OF THEIR ANNUAL CONTRACTS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE PERPETUAL TRUSTS 1,124,512. CHANGE IN VALUE BENEFICIAL INTEREST IN TRUSTS 1,012,728. BAPTIST GENERAL CONVENTION OF TEXAS 7557 RAMBLER RD STE 1200 DALLAS TX 75231 756044885 CONVENTION OF CHURCHES TX 501(C)(3) LINE 1 N/A 0 HIGHGROUND ADVISORS 1717 MAIN ST STE 1400 DALLAS TX 75201 750891441 INVESTMENT MANAGEMENT TX 501(C)(3) LINE 7 BAPTIST GENERAL CONVENTION OF TEXAS 0 CHARITABLE REMAINDER UNITRUSTS (10) HOLD ASSETS & REMIT INCOME TO UNIVERSITY TX EAST TEXAS BAPTIST UNIVERSITY 1 PERPETUAL TRUSTS (57) HOLD ASSETS & REMIT INCOME TO UNIVERSITY TX EAST TEXAS BAPTIST UNIVERSITY 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0