2026-04-09T08:51:33-05:00 2025-05-31 420714325 RSM US LLP 80 CITY SQUARE BOSTON MA 021293742 990 2024-06-01 042105776 ASSUMPTION UNIVERSITY ASSU 5087677000 500 SALISBURY STREET WORCESTER MA 016091296 E JANE CLAPP CFO 5087677000 2026-04-07 1 0 LYNNE JOHNSON P00757336 6179129000 2026-04-07 2024 2025-03-06 01:10:19Z GREGORY WEINER 500 SALISBURY STREET WORCESTER MA 016091296 145397594 0 X WWW.ASSUMPTION.EDU X 1904 MA HIGHER EDUCATION OF MEN AND WOMEN. ASSUMPTION UNIVERSITY STRIVES TO FORM GRADUATES KNOWN FOR CRITICAL INTELLIGENCE, THOUGHTFUL CITIZENSHIP AND COMPASSIONATE SERVICE. 24 24 1107 75 21850 18765 8372378 9528536 107658831 111536341 8865793 6468122 2246546 1579575 127143548 129112574 54246487 57762969 0 0 41011411 44385685 1030 17195 2160108 34040150 35419034 129299078 137584883 -2155530 -8472309 239289169 234617862 43834397 42515665 195454772 192102197 X ASSUMPTION UNIVERSITY IS A COMPREHENSIVE, CATHOLIC LIBERAL ARTS INSTITUTION SPONSORED BY THE AUGUSTINIANS OF THE ASSUMPTION. WE AWAKEN IN STUDENTS A SENSE OF WONDER, DISCOVERY, AND PURPOSE, FORMING GRADUATES KNOWN FOR THEIR INTELLECTUAL SERIOUSNESS, THOUGHTFUL CITIZENSHIP, AND DEVOTION TO THE COMMON GOOD. OUR CURRICULAR AND CO-CURRICULAR PROGRAMS PROVIDE STUDENTS WITH AN EDUCATION THAT SHAPES THEIR SOULS, FORMS THEM INTELLECTUALLY, AND PREPARES THEM FOR MEANINGFUL CAREERS. WE ARE A DIVERSE COMMUNITY THAT WELCOMES DIFFERENT POINTS OF VIEW AND EMBRACES ALL WHO SHARE OUR MISSION. ENLIVENED BY THE CATHOLIC AFFIRMATION OF THE HARMONY OF FAITH AND REASON, AND BY THE PURSUIT OF THE TRUTH IN THE COMPANY OF FRIENDS, AN ASSUMPTION EDUCATION TRANSFORMS THE MIND AND HEARTS OF STUDENTS. 0 0 109660514 57762969 92234542 HIGHER EDUCATION: OFFERS COMPREHENSIVE COLLEGE DEGREE PROGRAMS AT BOTH THE UNDERGRADUATE AND GRADUATE LEVEL. IN FISCAL YEAR 2025, A TOTAL OF 370 UNDERGRADUATE DEGREES, 151 GRADUATE DEGREES AND 25 CERTIFICATES WERE AWARDED. 19218455 20597360 AUXILIARY ENTERPRISES: PROVIDED CAMPUS HOUSING TO APPROXIMATELY 1,500 UNDERGRADUATE STUDENTS. PROVIDED BOARD AND BOOKS TO APPROXIMATELY 1,800 STUDENTS. 128878969 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 1 1 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 196 0 1 1107 1 1 1 1 IT 0 0 0 0 0 0 0 1 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X E JANE CLAPP 5087677000 500 SALISBURY STREET WORCESTER MA 016091296 ANDREW S VIENS TRUSTEE 2.00 0.00 X 0 0 0 CARL M CAFARO TRUSTEE 2.00 0.00 X 0 0 0 CAROLYN M CLANCY TRUSTEE 2.00 0.00 X 0 0 0 CHRISTINE C MARCKS TRUSTEE 2.00 0.00 X 0 0 0 ELIZABETH PAQUETTE TRUSTEE 2.00 0.00 X 0 0 0 EMMANUEL LARBI TRUSTEE 2.00 0.00 X 0 0 0 FR RICHARD LAMOUREUX TRUSTEE 2.00 0.00 X 0 0 0 JON WEAVER TRUSTEE 2.00 0.00 X 0 0 0 MAJ GEN ROBERT CATALANOTTI TRUSTEE 2.00 0.00 X 0 0 0 MARTHA MARTINI RICE TRUSTEE 2.00 0.00 X 0 0 0 MICHAEL J KELLY PHD TRUSTEE (THRU 5/16/25) 2.00 0.00 X 0 0 0 FR EDWARD SHATOV AA TRUSTEE 2.00 0.00 X 0 0 0 FR JOHN L FRANCK AA TRUSTEE 2.00 0.00 X 0 0 0 FR MARCEL POIRIER AA TRUSTEE 2.00 0.00 X 0 0 0 FR PETER R PRECOURT AA TRUSTEE 2.00 0.00 X 0 0 0 FR VINCENT LECLERCQ AA TRUSTEE 2.00 0.00 X 0 0 0 RICHARD J CATRAMBONE TRUSTEE 2.00 0.00 X 0 0 0 RICHARD P BURKE JR TRUSTEE (THRU 5/16/25) 2.00 0.00 X 0 0 0 SHARON BROVELLI TRUSTEE 2.00 0.00 X 0 0 0 SR CLARE T TJADER RA TRUSTEE 2.00 0.00 X 0 0 0 STEPHEN F KNOTT TRUSTEE 2.00 0.00 X 0 0 0 STEPHEN T SKOLY JR DMD TRUSTEE 2.00 0.00 X 0 0 0 SUZANNE M BESNIA ESQ TRUSTEE 2.00 0.00 X 0 0 0 VIRGINIA RENTKO TRUSTEE 2.00 0.00 X 0 0 0 CANDACE A RACE CHAIR OF THE BOARD 2.00 0.00 X X 0 0 0 FR CHI AI NGUYEN VICE CHAIR OF THE BOARD 2.00 0.00 X X 0 0 0 GREGORY WEINER PRESIDENT 40.00 0.00 X 443422 0 100429 PETER WELLS VP FINANCE & ADMIN (THRU 10/28/24) 40.00 0.00 X 301217 0 45319 MARC GUERRA PROVOST 40.00 0.00 X 228295 0 50787 CHRISTINA GRAZIANO SECRETARY TO THE BOARD 40.00 0.00 X 253910 0 11790 E JANE CLAPP CFO/VP OF FIN. & ADM. (AS OF 1/2/25) 40.00 0.00 X 0 0 0 MARISA GREGG CMO & COMM. OFFICER (AS OF 7/1/24) 40.00 0.00 X 98660 0 0 WILLIAM BOFFI VP ENROLLMENT 40.00 0.00 X 252907 0 48500 CONWAY CAMPBELL VP STUDENT SUCCESS 40.00 0.00 X 156337 0 49269 JILL ABRAHAMS VP INST. ADVANCEMENT (THRU 8/25/24) 40.00 0.00 X 179578 0 15774 JOHN WHITE INTERIM VP FOR INST. ADVANCEMENT 40.00 0.00 X 151881 0 30995 PATRICK CULLEN DEAN 40.00 0.00 X 214021 0 46959 RAYMOND ALBERT DIRECTOR OF CYBERSECURITY 40.00 0.00 X 216347 0 29520 CHRISTOPHER FERREIRA DEAN 40.00 0.00 X 174719 0 41164 KIMBERLY SCHANDEL DEAN 40.00 0.00 X 159207 0 24814 WENDY BUJA ASSOC. PROGRAM DIRECTOR PA 40.00 0.00 X 143113 0 37576 2973614 0 532896 76 0 1 0 SODEXO INC & AFFILIATES PO BOX 360170 PITTSBURGH PA 15251 DINING AND FACILITIES SERVICES 5953797 ARAMARK SERVICES INC 2400 MARKET ST PHILADELPHIA PA 19103 FOOD SERVICES 2929924 DYNAMIC CAMPUS SOLUTIONS 2806 FLINTROCK TRACE AUSTIN TX 78738 IT SERVICES 2329034 LAURING CONSTRUCTION 23 BRIGHAM RD WORCESTER MA 01609 GENERAL CONTRACTOR 591435 3 ENROLLMENT MARKETING 352 MAIN ST ONEONTA NY 13820 DIGITAL MARKETING AGENCY 508082 41 5223561 4304975 526666 9528536 TUITION AND FEES 611310 90938981 90938981 AUXILIARY SERVICES 611310 20597360 20575510 21850 111536341 2693136 2693136 18691784 1368222 16148088 136932 2543696 1231290 3774986 3774986 STUDENT ACTIVITY FEES 611310 545664 545664 ATHLETIC PROGRAMS 611310 256963 256963 GLOBAL INITIATIVE PROGRAM 611310 133110 133110 643838 381674 262164 1579575 129112574 112831902 21850 6730286 300000 300000 57462969 57462969 1639656 785860 634389 219407 32439968 28996928 2360768 1082272 1943482 1718266 154198 71018 5937521 5202601 612925 121995 2425058 2135428 192186 97444 13250142 12704450 472492 73200 191162 15533 175629 60898 60898 17195 17195 129883 129883 1123103 1034521 88582 589686 576916 8712 4058 3393878 3108566 220959 64353 2418506 2272912 115101 30493 521799 481084 25007 15708 677845 656568 9710 11567 584530 549364 27796 7370 4829959 4539379 229682 60898 1281114 1209500 55461 16153 PROJECTS 1312856 1229638 82634 584 EVENTS 1228191 1099329 63239 65623 STUDENT ACT. ASSOC. 532574 532574 ATHLETIC SPONSORED ACT. 483481 483481 2809427 1783102 825555 200770 137584883 128878969 6545806 2160108 61044 146941 18611962 19071501 2318958 1623669 1151368 1536672 369058 235562 1598691 2030424 194961125 93798994 104546692 101162131 90774073 85757226 17265900 19914320 2591423 3139416 239289169 234617862 5615752 5114268 4989759 6267929 31010545 28549383 2218341 2584085 43834397 42515665 X 140986406 132985226 54468366 59116971 195454772 192102197 239289169 234617862 X -8472309 4952221 167513 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1222741 X X 0 107684029 3115209 9676611 1288766 11829641 107357442 102793975 2234177 14719466 1174262 10889327 107684029 108227034 2833592 243572 1396769 7113454 102793975 101791191 19616560 -9712555 3468162 108227034 82904251 564179 22664982 998357 3343864 101791191 0.51000 0.49000 0.00000 0 0 1576789 1576789 169247705 79915855 89331850 22663457 13883139 8780318 1473174 1473174 101162131 ALTERNATIVE INVESTMENTS 19914320 F 19914320 ANNUITY OBIGATIONS 520423 ASSET RETIREMENT OBLIGATION 317731 REFUNDABLE GOVERNMENT STUDENT LOANS 635127 OPERATING LEASE LIABILITY 1110804 2584085 X 76787699 4952221 18360 -57295456 -52324875 129112574 0 129112574 80140274 18360 18360 80121914 57462969 57462969 137584883 PART III, LINE 4: ST. JOHN'S BIBLE, FR. D'ALZON STATUE, SAINT AUGUSTINE STATUE, CHRIST THE HEALER STATUE AND STAINED GLASS WINDOWS ARE LOCATED ON CAMPUS AS PART OF OUR MISSION AS A CATHOLIC INSTITUTION. IN ADDITION, THERE IS A BOOK COLLECTION FROM FR. TAVARD IN THE UNIVERSITY'S LIBRARY. PART V, LINE 4: THE INTENDED USES OF THE UNIVERSITY'S ENDOWMENT FUNDS ARE FOR FINANCIAL ASSISTANCE AND SCHOLARSHIPS FOR STUDENTS ATTENDING THE UNIVERSITY, AND FOR ADDITIONAL FACILITIES AND FACULTY DEVELOPMENT. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE UNIVERSITY QUALIFIES AS A TAX-EXEMPT, NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THERE IS NO PROVISION FOR FEDERAL OR STATE INCOME TAXES. THE UNIVERSITY RECOGNIZES A TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT EVALUATED THE UNIVERSITY'S TAX POSITIONS AND CONCLUDED THAT THE UNIVERSITY HAS NO MATERIAL UNCERTAINTIES IN INCOME TAXES. THE UNIVERSITY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR THREE YEARS FROM THE FILING DATE. THE UNIVERSITY WILL ACCOUNT FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF TAX EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS -57,462,969. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 35,408. CHANGE IN VALUE OF BENEFICIAL INTEREST IN TRUST 132,105. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND SCHOLARSHIPS 57,462,969. 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 NOTICE OF NON DISCRIMINATION POLICY IS MAILED TO EACH STUDENT. IN ADDITION NOTICES ARE POSTED ON CAMPUS BULLETIN BOARDS AND UNIVERSITY WEBSITE. THE UNIVERSITY CATALOG ALSO CONTAINS THE COMPLETE POLICY. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY IS AWARDED FEDERALLY FUNDED AID TO DISBURSE TO QUALIFIED STUDENTS. THE UNIVERSITY RECEIVED FUNDING FROM GOVERNMENTAL AGENCIES IN THE FORM OF PELL GRANTS OF $2,769,807 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT OF $338,463, FEDERAL WORK STUDY OF $315,085, DEPARTMENT OF EDUCATION OF $218,790, AND OTHER STATE GRANT REVENUE OF $1,495,102. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 15089978 EUROPE (INCLUDING ICELAND & GREENLAND) 1 1 PROGRAM SERVICES STUDY ABROAD CAMPUS AND PROGRAM 181074 1 1 0 0 1 1 15271052 0 15271052 1 0 1 1 1 0 X X X X X X 0 BENTZ WHALEY FLESSNER 70 XERXES AVE SOUTH MINNEAPOLIS MN 55431 POST CAMPAIGN ASSESSMENT AND PLANNING 0 0 17195 0 17195 MA 1 THE AUGUSTINIANS OF THE ASSUMPTION 330 MARKET STREET BRIGHTON MA 02135 501(C)(3) 300000 0 GENERAL PURPOSE 1 0 INSTITUTIONAL & ENDOWED GRANTS/SCHOLARSHIPS 1913 0 52325722 BOOK CREDIT TO STUDENT ACCOUNTS PELL 474 2769807 0 MA AND OTHER STATE SCHOLARSHIPS 439 1495102 0 FEDERAL WORK STUDY 161 315085 0 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT 261 338463 0 DEPARTMENT OF EDUCATION RC GRANT 15 218790 0 PART I, LINE 2: THE UNIVERSITY'S FINANCIAL AID OFFICE FOLLOWS ALL REGULATIONS WHEN AWARDING GRANTS AND SCHOLARSHIPS. STUDENTS' ELIGIBILITY IS REVIEWED EACH TERM TO ENSURE COMPLIANCE WITH AWARDING INSTITUTIONAL, FEDERAL AND STATE AID WITH POLICIES AND PROCEDURES. THE UNIVERSITY ALSO FILES ANNUAL STATE GRANT YEAR END REPORTING, FISAP AND IPEDS DATA. STUDENT ELIGIBILITY IS BASED ON THEIR PER TERM STANDING AND AID IS EVALUATED BASED ON THEIR ENROLLMENT. X 1 1 X X X X 0 1 0 0 0 0 0 0 0 GREGORY WEINER PRESIDENT 440111 0 0 0 3311 0 73100 0 27329 0 543851 0 0 0 PETER WELLS VP FINANCE & ADMIN (THRU 10/28/24) 298207 0 0 0 3010 0 23169 0 22150 0 346536 0 0 0 WILLIAM BOFFI VP ENROLLMENT 249295 0 0 0 3612 0 23238 0 25262 0 301407 0 0 0 MARC GUERRA PROVOST 224683 0 0 0 3612 0 21168 0 29619 0 279082 0 0 0 CHRISTINA GRAZIANO SECRETARY TO THE BOARD 253154 0 0 0 756 0 0 0 11790 0 265700 0 0 0 PATRICK CULLEN DEAN 212833 0 0 0 1188 0 19885 0 27074 0 260980 0 0 0 RAYMOND ALBERT DIRECTOR OF CYBERSECURITY 215159 0 0 0 1188 0 19363 0 10157 0 245867 0 0 0 CHRISTOPHER FERREIRA DEAN 174539 0 0 0 180 0 16571 0 24593 0 215883 0 0 0 CONWAY CAMPBELL VP STUDENT SUCCESS 154643 0 0 0 1694 0 17214 0 32055 0 205606 0 0 0 JILL ABRAHAMS VP INST. ADVANCEMENT (THRU 8/25/24) 176113 0 0 0 3465 0 0 0 15774 0 195352 0 0 0 KIMBERLY SCHANDEL DEAN 158019 0 0 0 1188 0 14914 0 9900 0 184021 0 0 0 JOHN WHITE INTERIM VP FOR INST. ADVANCEMENT 151365 0 0 0 516 0 11100 0 19895 0 182876 0 0 0 WENDY BUJA ASSOC. PROGRAM DIRECTOR PA 142699 0 0 0 414 0 10573 0 27003 0 180689 0 0 0 PART I, LINE 1A GREGORY WEINER, THE PRESIDENT, RECEIVED COUNTRY CLUB MEMBERSHIP DUES WHICH WERE TREATED AS NONTAXABLE AS A WORKING CONDITION FRINGE BENEFIT UNDER IRC SECTION 132. THIS AMOUNT IS INCLUDED ON FORM 990, PART VII, COLUMN F AND SCHEDULE J, PART II, COLUMN D. THE UNIVERSITY HOLDS FUNDRAISERS AT THE COUNTRY CLUB AND THE MEMBERSHIP IS USED FOR CULTIVATING DONORS AND CAPITAL CAMPAIGN RELATED FUNCTIONS. PART I, LINE 4B GREGORY WEINER, THE PRESIDENT, PARTICIPATED IN A DEFERRED COMPENSATION PLAN UNDER SECTION 457(F). IN 2024, $35,000 WAS CONTRIBUTED TO THIS PLAN, AND THIS AMOUNT HAS BEEN REPORTED IN SCHEDULE J, PART II, COLUMN C. NO DISTRIBUTIONS WERE MADE FROM THE PLAN. A MA DEVELOPMENT FINANCE AGENCY 043431814 2014-06-06 9720000 SEE PART VI 0 0 0 B MA DEVELOPMENT FINANCE AGENCY 043431814 2016-09-30 32000000 SEE PART VI 0 0 0 A 6365000 9720000 75300 9644700 2000 1 0 1 1 B 6680000 32000000 138850 15000000 16861150 2018 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 A 1 B 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MA DEVELOPMENT FINANCE AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 05/01/2025 ISSUER NAME: MA DEVELOPMENT FINANCE AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 05/01/2025 SCHEDULE K, PART I, BOND ISSUES: (A) ISSUER NAME: MA DEVELOPMENT FINANCE AGENCY (2014) (F) DESCRIPTION OF PURPOSE: REFUNDING 2000A ISSUE (A) ISSUER NAME: MA DEVELOPMENT FINANCE AGENCY (2016) (F) DESCRIPTION OF PURPOSE: CONSTRUCTION OF NEW BUILDING AND REDEEM A PORTION OF SERIES 2012 BONDS X 1 16000 FMV X 7 508066 FMV X PIANO 1 2600 FMV 0 0 1 0 PART I, COLUMN (B): THE NUMBER IN PART I, COLUMN B REPRESENTS TOTAL NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT (CHIEF FINANCIAL OFFICER) REVIEWS THE FORM 990 FILING IN A DRAFT FORM AND THEN DISTRIBUTES TO THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C DURING THE FALL OF EACH YEAR, THE SECRETARY OF THE BOARD MAILS TO ALL UNIVERSITY TRUSTEES AND OFFICERS A QUESTIONNAIRE ASKING THEM TO DISCLOSE ANY RELATED PARTY TRANSACTIONS WITH THE UNIVERSITY. A TOTAL OF SEVEN QUESTIONS ARE ASKED. THE MEMORANDUM EXPLAINS THE NECESSITY OF COMPLETING THE RELATED PARTY QUESTIONNAIRE AND EMPHASIZES THE FACT THAT THE UNIVERSITY EXPECTS A 100% RESPONSE. IN ADDITION TO THE QUESTIONNAIRE AND MEMORANDUM, THE TRUSTEES AND OFFICERS ALSO RECEIVE A TWO-PAGE INSTRUCTIONAL DOCUMENT WHICH EXPLAINS IN SIMPLE TERMS WHAT A CONFLICT OF INTEREST IS AND WHY FULL DISCLOSURE OF A REAL OR PERCEIVED CONFLICT OF INTEREST IS IMPORTANT. THIS DOCUMENT ALSO INCLUDES A NUMBER OF RECOMMENDATIONS ON THE SUBJECT PUT FORTH BY THE MASSACHUSETTS ATTORNEY GENERAL. ONCE COMPLETED, THE QUESTIONNAIRES ARE RETURNED TO THE SECRETARY OF THE BOARD WHO MONITORS THEIR RESPONSE AND FOLLOWS UP WITH THOSE TRUSTEES AND OFFICERS WHO ARE TARDY IN COMPLETING AND RETURNING THEIR QUESTIONNAIRES. ANY INDIVIDUAL WHO IT IS DETERMINED HAS A CONFLICT OF INTEREST CANNOT PARTICIPATE IN THE VOTE RELATED TO THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 A COMPENSATION COMMITTEE, MADE UP OF FOUR UNIVERSITY TRUSTEES (THE CHAIR, THE VICE CHAIR, THE CHAIR OF THE FINANCE COMMITTEE, AND THE CHAIR OF THE STUDENT EXPERIENCE COMMITTEE), ESTABLISHES THE COMPENSATION OF THE PRESIDENT OF THE UNIVERSITY ON AN ANNUAL BASIS. THE COMPENSATION COMMITTEE USES COMPARABLE DATA WHICH IS PUBLISHED ANNUALLY IN THE CHRONICLE OF HIGHER EDUCATION AND REPORTS RECEIVED FROM INDEPENDENT COMPENSATION CONSULTANTS. ADDITIONALLY, THE ENTIRE BOARD CONDUCTS AN ANNUAL PERFORMANCE REVIEW OF THE PRESIDENT. OTHER OFFICERS AND KEY EMPLOYEES ARE NORMALLY REVIEWED BY THE PRESIDENT OF THE UNIVERSITY WHO MAKES AN ADJUSTMENT IN THEIR SALARY BASED ON PERFORMANCE FACTORS AND ALSO BASED ON THE CHRONICLE OF HIGHER EDUCATION. THE COMPENSATION OF THE VICE PRESIDENTS IS REVIEWED BY THE COMPENSATION COMMITTEE ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 FOR INTERESTED THIRD PARTIES, ALL OF THE UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 (PUBLIC DISCLOSURE COPY) AND FINANCIAL STATEMENTS ARE AVAILABLE ON REQUEST FROM THE SECRETARY AT ASSUMPTION UNIVERSITY (500 SALISBURY STREET, WORCESTER, MA 01609) FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FOR ALL EMPLOYEES OF THE UNIVERSITY, ALL OF THE POLICIES AND PROCEDURES INCLUDING THE WHISTLEBLOWER POLICY, CONFLICT OF INTEREST POLICY AND OTHERS ARE AVAILABLE VIA OUR INTERNAL ONLINE PORTAL SYSTEM. A COPY OF THE FORM 990 WITHOUT SCHEDULE B IS AVAILABLE VIA CANDID (FKA GUIDESTAR) AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 35,408. CHANGE IN VALUE OF BENEFICIAL INTEREST IN TRUST 132,105. CHARITABLE REMAINDER TRUST (1) CHARITABLE REMAINDER TRUST MA ASSUMPTION UNIVERSITY T 0 CHARITABLE REMAINDER TRUST (1) CHARITABLE REMAINDER TRUST RI ASSUMPTION UNIVERSITY T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0