2026-05-12T23:38:16-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 4334 MUNSON STREET SUITE 200 CANTON OH 44718 990 2024-07-01 250717890 CHATHAM UNIVERSITY CHAT 4123651145 107 WOODLAND ROAD PITTSBURGH PA 15232 LEONARD CULLO CHIEF FINANCIAL OFFICER 4123651145 2026-05-11 1 1 JENNIFER COLEMAN P00743188 3304972000 2026-05-07 2024 2025-03-06 01:10:19Z LISA LAMBERT 107 WOODLAND ROAD PITTSBURGH PA 15232 101166763 0 X WWW.CHATHAM.EDU X 1869 PA PROVISION OF UNDERGRADUATE AND GRADUATE EDUCATION. 27 26 635 240 -101235 0 6630581 6227420 83649982 84515498 1904773 6872292 -1277844 173503 90907492 97788713 31496881 31228363 0 0 37227811 34522870 0 0 773185 31090331 38011953 99815023 103763186 -8907531 -5974473 205309827 191938491 75194513 68191748 130115314 123746743 X CHATHAM UNIVERSITY PREPARES WOMEN AND MEN TO BE WORLD READY: TO BUILD LIVES OF PURPOSE AND VALUE AND FULFILLING WORK. (SEE CONTINUATION ON SCHEDULE O)IN ADDITION TO APPROPRIATE PROFESSIONAL SKILLS AND LIBERAL ARTS LEARNING, CHATHAM BELIEVES THAT WORLD READINESS MEANS BEING IN INFORMED AND ENGAGED CITIZEN IN ONE'S COMMUNITIES: RECOGNIZING AND RESPECTING DIVERSITY OF CULTURE, IDENTITY AND OPINION; AND LIVING SUSTAINABLY ON THE PLANET. 0 0 81015027 31228363 75298344 ACADEMIC AND INSTRUCTIONAL EDUCATION: ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION, CHATHAM UNIVERSITY IS A COED INSTITUTION THAT GRANTS BACHELOR, MASTER AND DOCTORATE LEVEL DEGREES THROUGH FOUR DISTINCTIVE SCHOOLS: THE FALK SCHOOL OF SUSTAINABILITY & ENVIRONMENT (HOUSED WITHIN OUR EDEN HALL CAMPUS, THE WORLD'S FIRST CAMPUS BUILT FROM THE GROUND UP FOR THE STUDY OF SUSTAINABILITY), THE SCHOOL OF HEALTH SCIENCES, THE SCHOOL OF ARTS, SCIENCE AND BUSINESS, AND THE SCHOOL OF CONTINUING AND PROFESSIONAL STUDIES. STUDENTS CAN CHOOSE FROM OVER 40 UNDERGRADUATE MAJORS AND OVER 20 MASTERS AND DOCTORAL PROGRAMS, AND ONLINE COURSES OF STUDY. THE UNIVERSITY'S TOTAL ENROLLMENT AS OF FALL 2024 WAS 2,314 STUDENTS.STUDENT AND COMMUNITY SERVICES: CHATHAM UNIVERSITY STRIVES TO DEVELOP THE WHOLE STUDENT - BOTH IN AND OUTSIDE THE CLASSROOM. WE OFFER ON AND OFF-CAMPUS OPPORTUNITIES FOR PROFESSIONAL SKILL-BUILDING AND EXPERIENTIAL LEARNING. INTERNSHIPS AND MENTORSHIPS OFFER SUPPORT. STUDENT AFFAIRS PLAY AN INTEGRAL ROLE IN HELPING OUR STUDENTS ENHANCE THEIR PHYSICAL, MENTAL, AND SOCIAL WELL-BEING. COUGARS CARE, AN EARLY INTERVENTION SYSTEM TO AID STUDENTS IN NEED AND CELEBRATE STUDENT SUCCESS, PLAYS A CRUCIAL ROLE IN IDENTIFYING STUDENTS WHO MAY BENEFIT FROM ADDITIONAL SUPPORT AND HELPS FACILITATE INFORMATION SHARING. STUDENTS HAVE A VARIETY OF OPPORTUNITIES HIGHLIGHTED IN THE ANNUAL ACTIVITIES CALENDAR FEATURING OVER 300 EVENTS AND HAPPENINGS THROUGHOUT THE YEAR.STUDENTS LIVING ON CAMPUS ARE WELCOMED INTO A LIVING AND LEARNING ENVIRONMENT WHERE WELLNESS AND A STRONG SENSE OF COMMUNITY PREVAIL. CHATHAM HAS BEEN SELECTED AS ONE OF ONLY A SMALL NUMBER OF UNIVERSITIES FOR THE 2022 PRINCETON REVIEW'S GREEN HONOR ROLL, WHICH RECOGNIZES THE MOST ENVIRONMENTALLY RESPONSIBLE COLLEGES ACROSS THE UNITED STATES. CHATHAM EARNED A PERFECT GREEN RATING SCORE 99 OUT OF 99, WHICH MEASURES "A SCHOOL'S PERFORMANCE AS AN ENVIRONMENTALLY AWARE AND PREPARED INSTITUTION."AS PART OF A HOLISTIC APPROACH TO STUDENT DEVELOPMENT, THE OFFICE OF STUDENT HEALTH AND WELLNESS IS RESPONSIBLE FOR COORDINATING THE PHYSICAL, MENTAL, AND WELLNESS LIFESTYLE OF OUR STUDENTS, PROVIDING SOCIAL AND SUPPORT SERVICES TO OUR STUDENTS AND THE CHATHAM COMMUNITY. LIBRARY SERVICES: THE JENNIE KING MELLON LIBRARY HAS ADDED NEW RESOURCES THAT SUPPORT THE LEARNING AND TEACHING MISSION OF CHATHAM UNIVERSITY, INCLUDING A NUMBER OF FULL-TEXT JOURNAL DATABASES. THE LIBRARY STAFF CONTINUES TO DEVOTE SIGNIFICANT AMOUNTS OF TIME TO RESEARCH CONSULTATIONS. THE ARCHIVE COLLECTION HAS BENEFITTED FROM ENDOWED SUPPORT AND INCREASED STAFF HOURS TO AID IN DOCUMENTATION, ORGANIZATION, AND PRESERVATION.THE UNIVERSITY HOSTS NUMEROUS EVENTS ON CAMPUS, MANY OF WHICH ARE SPONSORED BY FUNDED CENTERS INCLUDING THE CENTER FOR WOMEN'S ENTREPRENEURSHIP, THE PENNSYLVANIA CENTER FOR WOMEN IN POLITICS, AND THE WOMEN'S INSTITUTE. THE CENTER FOR REGIONAL AGRICULTURE, FOOD, AND TRANSFORMATION, IS FUNDED BY A 2022 GRANT FROM THE USDA AND SUPPORTS THE COMMUNITY AND EDUCATES STUDENTS ON ISSUES RELATED TO FOOD SYSTEMS. IN ADDITION, VARIOUS PERFORMING AND VISUAL ARTS EVENTS, PARTICULARLY THOSE FOCUSING ON THE THEMATIC MISSIONS OF THE UNIVERSITY (GLOBAL, SUSTAINABILITY AND THE ENVIRONMENT, AND ENGAGEMENT AND RESPONSIBILITY) ARE HELD THROUGHOUT THE ACADEMIC YEAR THAT ARE FREE AND OPEN TO THE PUBLIC. 5857268 0 9217154 AUXILIARY SERVICES: IN MAY 2008, THE UNIVERSITY RECEIVED THE 388-ACRE EDEN HALL FARM CAMPUS AS A GIFT FROM THE EDEN HALL FOUNDATION. LOCATED NORTH OF PITTSBURGH IN RICHLAND TOWNSHIP AND APPROXIMATELY 20 MILES FROM CHATHAM'S HISTORIC SHADYSIDE CAMPUS, EDEN HALL CAMPUS IS HOME TO OUR FALK SCHOOL OF SUSTAINABILITY & ENVIRONMENT AND OFFERS UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS AS WELL AS PROGRAMMING FOR THE SURROUNDING COMMUNITIES.THE UNIVERSITY OWNS THE OLDEST CIVIL WAR-ERA HOME ON FIFTH AVENUE, THE HOWE-CHILDS GATE HOUSE, WHICH NOW SERVES AS A GUEST HOUSE FOR UNIVERSITY VISITORS AS WELL AS HEADQUARTERS FOR THE CAMPUS ARBORETUM. THE UNIVERSITY IS HOME TO THE OLKES COLLECTION OF AFRICAN ART, ONE OF THE MOST SIGNIFICANT COLLECTIONS OF AFRICAN TRIBAL ART IN THE TRISTATE REGION.CHATHAM OFFERS A NATIONAL COLLEGIATE ATHLETIC ASSOCIATION (NCAA) DIVISION III ATHLETIC PROGRAM FEATURING TWENTY-ONE VARSITY SPORTS (ELEVEN WOMEN'S AND TEN MEN'S), ANCHORED OUT OF OUR IMPRESSIVE 78,000 SQUARE FOOT ATHLETIC AND FITNESS CENTER. IN 2020, THE UNIVERSITY COMPLETED THE RENOVATION OF UPMC GRAHAM FIELD, THE HISTORIC HOME OF WILKINSBURG HIGH SCHOOL FOOTBALL. UPMC GRAHAM FIELD IS THE HOME FIELD FOR THE UNIVERSITY'S MENS AND WOMENS' SOCCER AND LACROSSE TEAMS AND IS AVAILABLE FOR LOCAL HIGH SCHOOL AND COMMUNITY ATHLETIC PROGRAMS' USE. THE RENOVATION WAS FUNDED IN PART BY THE COMMONWEALTH OF PENNSYLVANIA, HONORABLE TOM WOLF, GOVERNOR, UPMC, DOLLAR BANK AND THE RUST FOUNDATION. 86872295 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 0 0 1 501 0 1 635 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 27 26 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA PA X X LEONARD CULLO 4123651145 107 WOODLAND ROAD PITTSBURGH PA 15232 RHONDA PHILLIPS PRESIDENT THRU 6/2025 60.00 0.00 X X 501468 0 73053 LISA LAMBERT PRESIDENT BEG. 6/2025 60.00 0.00 X X 198335 0 23497 DAVID M HALL CHAIR 3.50 0.00 X X 0 0 0 KENT MCELHATTAN VICE CHAIR 3.50 0.00 X X 0 0 0 SANDRA RADER SECRETARY 3.00 0.00 X X 0 0 0 SNEHAL DESAI TREASURER 3.50 0.00 X X 0 0 0 EILEEN PETULA INTERIM COO THRU 12/2024 50.00 0.00 X X 0 0 0 KEVIN ACKLIN TRUSTEE 3.00 0.00 X 0 0 0 G NICHOLAS BECKWITH III TRUSTEE 3.00 0.00 X 0 0 0 BROOKS BROADHURST TRUSTEE 3.00 0.00 X 0 0 0 LOUISE R BROWN TRUSTEE 3.00 0.00 X 0 0 0 JANE BURGER TRUSTEE 3.00 0.00 X 0 0 0 DAVID BUSH TRUSTEE 3.00 0.00 X 0 0 0 ANNETTE CALGARO TRUSTEE 3.00 0.00 X 0 0 0 CARLA CASTAGNERO TRUSTEE 3.00 0.00 X 0 0 0 LYNETTE CHARITY TRUSTEE 3.00 0.00 X 0 0 0 KATHI ELLIOTT TRUSTEE 3.00 0.00 X 0 0 0 SIGO FALK TRUSTEE 3.00 0.00 X 0 0 0 JOANNE FIEDLER TRUSTEE 3.00 0.00 X 0 0 0 JOANNE LAIPSON TRUSTEE 3.00 0.00 X 0 0 0 SCHAZZ LEE TRUSTEE 3.00 0.00 X 0 0 0 W DUFF MCCRADY TRUSTEE 3.00 0.00 X 0 0 0 STEPHANIE NOVOSEL TRUSTEE 3.00 0.00 X 0 0 0 HENRY J SIMONDS TRUSTEE 3.00 0.00 X 0 0 0 MARY B TEMPLETON ESQ TRUSTEE 3.00 0.00 X 0 0 0 BONNIE W VANKIRK TRUSTEE 3.00 0.00 X 0 0 0 TAMARA WATKINS TRUSTEE 3.00 0.00 X 0 0 0 LALAH C WILLIAMS TRUSTEE 3.00 0.00 X 0 0 0 JENNIFER P WINTON TRUSTEE 3.50 0.00 X 0 0 0 WILLIAM T CAMPBELL VP MARKETING & COMMUNICATIONS 60.00 0.00 X 188306 0 36159 AMY BECHER VP FOR ENROLLMENT MANAGEMENT 60.00 0.00 X 189905 0 45291 LOUIS G LEONARD DEAN FAUL SCHOOL FOR SUST. THRU 12/2024 60.00 0.00 X 195571 0 34842 SALVADOR L BONDOC DEAN, SCHOOL OF HEALTH SCIENCES 40.00 0.00 X 188138 0 33726 PAUL D STEINHAUS CIO, DIR OF INFO TECH THRU 8/2024 60.00 0.00 X 193345 0 23226 ROBERT SROUFE SCHOOL FOR SUSTAINABILITY-PROFESSOR 40.00 0.00 X 177999 0 35998 DEBORAH DELONG DEAN, SCHOOL OF BUS & ENTERPRISE 40.00 0.00 X 171829 0 35879 2004896 0 341671 32 0 1 0 PARKHURST DINING SERVICES PO BOX 644091 PITTSBURGH PA 152644901 FOOD SERVICE 4378411 DUANE MORRIS LLP PO BOX 787166 PHILADELPHIA PA 191787166 ATTORNEYS 1383734 EAB GLOBAL INC PO BOX 603519 CHARLOTTE NC 282603519 ENROLLMENT SERVICES 617062 COLLEGIATE ENTERPRISE SOLUTIONS LLC 69 MILK ST STE 304 WESTBOROUGH MA 01581 TALENT ACQUISITION 314767 ANTHOLOGY INC PO BOX 850001 ORLANDO FL 328859908 STUDENT MGMT SYSTEM 309134 25 2550501 3676919 376780 6227420 TUTITION AND FEES 611310 75298344 75298344 AUXILIARY ENTERPRISES 900099 9217154 9217154 84515498 1694154 -101235 1795389 7883136 673052 3244582 133468 4638554 539584 5178138 5178138 MISCELLANEOUS INCOME 900099 173503 173503 173503 97788713 84515498 -101235 7147030 31147269 31147269 81094 81094 1157176 1000125 140689 16362 29158308 25348981 3412453 396874 700016 444120 248122 7774 1493001 1297509 170790 24702 2014369 1469392 514302 30675 1151796 58461 1093335 200824 200824 68154 10420 57734 26000 26000 8472801 4227018 4002134 243649 390173 12228 377945 324328 199591 93088 31649 2656198 2656198 902153 834863 62518 4772 78102 61091 17011 2661427 1730319 931108 11434065 10148037 1286028 964664 67501 897163 SUPPLIES EXPENSE 3603450 2482117 1117154 4179 ACADEMIC DEPT PROGRAMS 3133964 2969835 164129 0 FOOD SERVICE 216124 194046 11740 10338 ACCREDITATION COSTS 126978 59306 67672 0 1600752 372774 1225767 2211 103763186 86872295 16117706 773185 2400617 767279 8106725 3778286 871774 251510 2686460 2154731 500000 500000 186155 0 14886 653896 139714 238696648 131379177 115340017 107317471 50149621 50647185 19792326 20808549 4622236 5558880 205309827 191938491 9628899 7097090 844624 797005 2793767 2543257 43337789 40688714 13337143 12392104 5252291 4673578 75194513 68191748 X 15719747 12649556 114395567 111097187 130115314 123746743 205309827 191938491 -5974473 -394098 0 X X 0 1 X 1 0 X 12557663 8311639 14871495 6630581 6227420 48598798 12557663 8311639 14871495 6630581 6227420 48598798 912094 47686704 3760579 3884691 3893836 2033149 1694154 15266409 105106 46323 151429 173503 173503 64190139 0.74290 0.73180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 26000 26000 103747186 103773186 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 19495 61741 16000 26000 123236 250000 250000 250000 250000 1000000 1500000 X X X 0 80341504 1055921 5612029 1946632 5735217 201286 79126319 79108210 1446426 8146414 1613418 6375151 370977 80341504 93131085 1717102 3265835 1033599 17693196 279017 79108210 106060787 1805817 -11235519 1154128 1950025 395847 93131085 87337683 2702401 19696703 1076047 2313801 286152 106060787 0.09873 0.00000 0.90127 1 0 11252647 11252647 193159657 105022907 88136750 31828732 25677001 6151731 2455612 679269 1776343 107317471 LIMITED PARTNERSHIPS 18847766 F REAL ESTATE INVESTMENT FUND 1960783 F 20808549 CAPITAL LEASE OBLIGATION 4673578 4673578 X 66502468 -394098 -394098 66896566 30892147 30892147 97788713 72871039 0 72871039 30892147 30892147 103763186 PART III, LINE 1A: THE UNIVERSITY'S COLLECTIONS INCLUDE PAINTINGS, PRINTS, PHOTOGRAPHS, SCULPTURES, DRAWINGS AND ATERCOLORS, AND DECORATIVE ARTS. THESE ITEMS ARE HELD FOR EDUCATIONAL, RESEARCH AND SCIENTIFIC PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS OPERATING EXPENDITURES IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS MAINTAINED AND HELD BY THE UNIVERSITY ARE NOT REFLECTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. PART III, LINE 4: THE UNIVERSITY'S COLLECTIONS INCLUDE PAINTINGS, PRINTS, PHOTOGRAPHS, SCULPTURES, DRAWINGS AND WATERCOLORS, AND DECORATIVE ARTS. THESE ITEMS ARE HELD FOR EDUCATIONAL, RESEARCH AND SCIENTIFIC PURPOSES. PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF VARIOUS INVESTMENT FUNDS ESTABLISHED PRIMARILY FOR THE SUPPORT OF ITS MISSION. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. INTERPRETATION OF RELEVANT LAW - THE BOARD OF TRUSTEES HAS ELECTED TO BE GOVERNED BY THE COMMONWEALTH OF PENNSYLVANIA'S ACT 141 (ACT 141), WHICH PERMITS ELECTION OF A TOTAL RETURN POLICY THAT ALLOWS A NONPROFIT TO CHOOSE TO TREAT A PERCENTAGE OF THE AVERAGE MARKET VALUE OF THE ENDOWMENT'S INVESTMENTS WITH DONOR RESTRICTIONS AS INCOME EACH YEAR. THE LONG-TERM PRESERVATION OF THE REAL VALUE OF THE ASSETS MUST BE TAKEN INTO CONSIDERATION WHEN THE BOARD ELECTS THE AMOUNT. ON AN ANNUAL BASIS, THE BOARD MUST ELECT, IN WRITING, A SPENDING RATE OF BETWEEN 2% AND 7%. THE SPENDING RATE IS BASED ON A THREE-YEAR AVERAGE OF HISTORICAL ENDOWMENT MARKET VALUES. SPENDING POLICY AND INVESTMENT OBJECTIVES RELATED TO SPENDING POLICY - AS PERMITTED BY ACT 141, THE UNIVERSITY TRANSFERRED 7%, BASED ON A THREE-YEAR AVERAGE OF HISTORICAL ENDOWMENT MARKET VALUES TO NET ASSETS WITHOUT DONOR RESTRICTIONS, FOR USE IN CURRENT AND FUTURE OPERATIONS. DURING THE YEARS ENDED JUNE 30, 2025 AND 2024, THE UNIVERSITY TRANSFERRED APPROXIMATELY $4,739,690 AND $4,456,000, RESPECTIVELY, TO BOARD-DESIGNATED FOR INVESTMENT. THE UNIVERSITY SATISFIED ITS SPENDING PROVISIONS OF INDIVIDUAL ENDOWMENT AGREEMENTS, INCLUDING "MUST OR "SHALL" PROVISIONS, THROUGH THE USE OF OPERATING FUNDS WITHOUT DONOR RESTRICTIONS IN THE YEARS ASSETS APPROPRIATED WERE NOT DRAWN. THE UNIVERSITY BELIEVES THAT THIS SPENDING POLICY IS CONSISTENT WITH THE COMMONWEALTH OF PENNSYLVANIA'S GUIDELINES AND WITH THE UNIVERSITY'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS HELD IN PERPETUITY, AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. THE UNIVERSITY CLASSIFIES AS NET ASSETS WITH DONOR RESTRICTIONS THE ORIGINAL VALUE OF GIFTS DONATED TO THE ENDOWMENT AND THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE ENDOWMENT. UNDISTRIBUTED AMOUNTS EARNED ARE INCLUDED IN NET ASSETS WITH DONOR RESTRICTIONS. IN ACCORDANCE WITH ACT 141, THE UNIVERSITY HAS ADOPTED A WRITTEN INVESTMENT POLICY, OF WHICH A SECTION SPECIFICALLY RELATES TO THE ENDOWMENT. THE UNIVERSITY CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO SET A SPENDING RATE: 1. PROTECTING THE CORPUS OF THE ENDOWMENT FUND 2. PRESERVING THE SPENDING POWER OF THE ASSETS 3. OBTAINING MAXIMUM INVESTMENT RETURN WITH REASONABLE RISK AND OPERATIONAL CONSIDERATION 4. COMPLYING WITH APPLICABLE LAWS PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC AND HAS FURTHER BEEN DETERMINED TO BE A NONPRIVATE FOUNDATION UNDER SECTIONS 509(A)(1) AND 170(B)(1)(A)(II) OF THE IRC. ACCORDINGLY, NO PROVISION FOR TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE UNIVERSITY IS ALSO EXEMPT FROM STATE INCOME TAX UNDER APPLICABLE STATE STATUTES. THE UNIVERSITY FOLLOWS THE FASB CODIFICATION TOPIC ON INCOME TAXES, WHICH PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN FINANCIAL STATEMENTS. THE UNIVERSITY'S STATEMENTS OF FINANCIAL POSITION AT JUNE 30, 2025 AND 2024 DO NOT INCLUDE ANY LIABILITIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS; FURTHER, THE UNIVERSITY HAS NO UNRECOGNIZED TAX BENEFITS. THE UNIVERSITY IS NO LONGER SUBJECT TO EXAMINATION OF ITS TAX RETURNS FOR YEARS BEFORE 2022. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT SCHOLOARSHIP/FINANCIAL AID 30,892,147. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT SCHOLOARSHIP/FINANCIAL AID 30,892,147. 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 RACIALLY NONDISCRIMINATORY POLICY IS REFERENCED IN PRINT DOCUMENTS AND IS PROMINENTLY DISCLOSED ON THE UNIVERSITY'S WEB PAGE. SCHEDULE E, PART I, LINE 6 CHATHAM UNIVERSITY RECEIVES VARIOUS GRANTS FROM GOVERNMENTAL AGENCIES TO FUND SCHOLARSHIPS AND EDUCATIONAL PROGRAM DEVELOPMENT. IN ADDITION, STUDENTS AT CHATHAM UNIVERSITY RECEIVE FEDERAL AND STATE SPONSORED FINANCIAL AID FOR PAYMENT OF TUITION AND FEES. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 794151 0 0 0 0 0 0 794151 0 794151 SCHOLARSHIP FUNDS FOR STUDY ABROAD EAST ASIA AND THE PACIFIC 2 4200 APPLIED TO STUDENT ACCOUNT 0 N/A N/A SCHOLARSHIP FUNDS FOR STUDY ABROAD CENTRAL AMERICA AND THE CARIBBEAN 1 6200 APPLIED TO STUDENT ACCOUNT 0 N/A N/A SCHOLARSHIP FUNDS FOR STUDY ABROAD MIDDLE EAST AND NORTH AFRICA 1 6200 APPLIED TO STUDENT ACCOUNT 0 N/A N/A SCHOLARSHIP FUNDS FOR STUDY ABROAD EUROPE (INCLUDING ICELAND & GREENLAND) 25 62694 APPLIED TO STUDENT ACCOUNT 0 N/A N/A SCHOLARSHIP FUNDS FOR STUDY ABROAD SOUTH AMERICA 1 1800 APPLIED TO STUDENT ACCOUNT 0 N/A N/A 1 0 1 1 1 0 PART I, LINE 2: THE OFFICES OF ENROLLMENT MANAGEMENT AND FINANCIAL AID WORK IN CONJUNCTION WITH THE CHATHAM ABROAD DEPARTMENT IN AWARDING SCHOLARSHIPS FOR FOREIGN TRAVEL. USAGE IS MONITORED BY VIRTUE OF DIRECT ACCOUNT POSTING. 1 EDUCATIONAL GRANTS AND SCHOLARSHIPS 1351 31108938 0 N/A N/A PART I, LINE 2: THE OFFICES OF ENROLLMENT MANAGEMENT AND FINANCIAL AID OVERSEE THE AWARDING OF BOTH NEED-BASED FINANCIAL AID AND MERIT-BASED SCHOLARSHIPS. ONCE A STUDENT HAS COMPLETED THE FINANCIAL AID APPLICATION PROCESS AND IS FOUND ELIGIBLE FOR NEED-BASED AND/OR MERIT BASED AID, THE STUDENT WILL RECEIVE A FINANCIAL AID PACKAGE DETAILING THE COMBINATION OF SOURCES USED TO PROVIDE FINANCIAL ASSISTANCE. GRANT FUNDS AWARDED TO STUDENTS ARE APPLIED DIRECTLY TO THEIR STUDENT ACCOUNTS. USAGE IS MONITORED BY VIRTUE OF DIRECT ACCOUNT POSTING. X X X 1 1 X X X X X X 1 1 0 0 0 0 0 1 0 RHONDA PHILLIPS PRESIDENT THRU 6/2025 441468 0 60000 0 0 0 53498 0 19555 0 574521 0 0 0 AMY BECHER VP FOR ENROLLMENT MANAGEMENT 189905 0 0 0 0 0 30500 0 14791 0 235196 0 0 0 LOUIS G LEONARD DEAN FAUL SCHOOL FOR SUST. THRU 12/2024 195571 0 0 0 0 0 10121 0 24721 0 230413 0 0 0 WILLIAM T CAMPBELL VP MARKETING & COMMUNICATIONS 188306 0 0 0 0 0 9635 0 26524 0 224465 0 0 0 SALVADOR L BONDOC DEAN, SCHOOL OF HEALTH SCIENCES 188138 0 0 0 0 0 18651 0 15075 0 221864 0 0 0 LISA LAMBERT PRESIDENT BEG. 6/2025 198335 0 0 0 0 0 9909 0 13588 0 221832 0 0 0 PAUL D STEINHAUS CIO, DIR OF INFO TECH THRU 8/2024 193345 0 0 0 0 0 7121 0 16105 0 216571 0 0 0 ROBERT SROUFE SCHOOL FOR SUSTAINABILITY-PROFESSOR 177999 0 0 0 0 0 9366 0 26632 0 213997 0 0 0 DEBORAH DELONG DEAN, SCHOOL OF BUS & ENTERPRISE 171829 0 0 0 0 0 8111 0 27768 0 207708 0 0 0 PART I, LINE 1A BASIC EMPLOYEE BENEFITS (INCLUDING HEALTH BENEFITS, LIFE INSURANCE, AND LONG-TERM CARE INSURANCE) ARE REPORTED ON SCHEDULE J, PART II, COLUMN (D). AS A CONDITION OF EMPLOYMENT, THE PRESIDENT IS REQUIRED TO RESIDE IN UNIVERSITY HOUSING. THE VALUE ATTRIBUTED TO THEIR PERSONAL SPACE IS ALSO REPORTED ON SCHEDULE J, PART II, COLUMN (D). EMPLOYER CONTRIBUTIONS TO THE UNIVERSITY'S 403(B) PLAN, ARE REPORTED IN COLUMN (C). CLUB MEMBERSHIPS: IN ORDER THAT THE PRESIDENT MAY ENTERTAIN POTENTIAL DONORS AND OTHER BUSINESS ASSOCIATES OF THE UNIVERSITY, THE UNIVERSITY PAYS OR REIMBURSES THE PRESIDENT FOR, THE PERIODIC DUES FOR MEMBERSHIP IN THE PITTSBURGH GOLF CLUB. DIRECT EXPENSES FOR UTILIZATION OF THE CLUBS ARE THE PRESIDENT'S RESPONSIBILITY, EXCEPT WHEN ATTRIBUTABLE TO UNIVERSITY BUSINESS. PART I, LINES 4A-B PAUL STEINHAUS, CIO, DIRECTOR OF INFORMATION TECHNOLOGY THRU AUGUST 2024 RECEIVED SERVANCE OF $51,588 DURING THE CALENDAR YEAR 2024. EDITH BARRETT, SCHOOL OF ARTS, SCIENCE, AND BUSINESS THRU DECEMBER 2024 RECEIVED $120,000 FROM A SEPARATION AGREEMENT. A MCKEESPORT INDUSTRIAL DEVELOPMENT AUTHORITY 2008-09-29 10000000 CAPITAL PURCHASES AND RENOVATIONS 0 0 0 B ALLEGHENY COUNTY HIGHER EDUCATION BUILDINGS AUTHORITY 251650137 2014-07-16 18000000 PHASE 1B CONSTRUCTIONS AT EDEN HALL CAMPUS 0 0 0 C ALLEGHENY COUNTY HIGHER EDUCATION BUILDINGS AUTHORITY 251650137 2022-07-06 22712979 CURRENT REFUNDING OF THE 2012 SERIES A BONDS 0 0 0 A 469126 10000000 800000 9200000 2009 0 0 1 1 B 6689648 18000000 59195 17940805 2014 0 0 1 1 C 2902979 22712979 411271 22301708 2022 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 A 0 0 0 0 1 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 1 0 0 0 0 0 0 0 A 1 B 1 C 1 DAVID FINEGOL FORMER PRESIDENT SPLIT DOLLOR LIFE INSURANCE AGREEMENT X 500000 500000 0 1 1 500000 BROOKS BROADHURST BOARD MEMBER 3640047 PROVIDES DINING SERVICES 0 X 2 376780 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): THE NUMBER SHOWN IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS WHO GIFTED STOCK TO CHATHAM UNIVERSITY DURING THE YEAR ENDED JUNE 30, 2025. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL HAVE AUTHORITY TO ACT FOR THE BOARD OF TRUSTEES ON ALL MATTERS EXCEPT FOR THE FOLLOWING WHICH SHALL BE RESERVED FOR THE BOARD OF TRUSTEES (UNLESS THE BOARD OF TRUSTEES DIRECTS OTHERWISE): PRESIDENTIAL SELECTION AND TERMINATION; TRUSTEE AND BOARD OFFICER SELECTION; CHANGES IN INSTITUTIONAL MISSION AND PURPOSES; CHANGES TO THE CHARTER; CHANGES TO THE BYLAWS; INCURRING OF CORPORATE INDEBTEDNESS IN EXCESS OF TEN PERCENT (10%) OF THE COLLEGE'S NET WORTH; SALE OF COLLEGE ASSETS OR TANGIBLE PROPERTY IN EXCESS OF ONE PERCENT (1%) OF THE COLLEGE'S NET WORTH; ADOPTION OF THE ANNUAL BUDGET; AND, CONFERRAL OF DEGREES. IN ADDITION TO ITS AUTHORITY TO TAKE ACTION ON MATTERS WHICH CANNOT OR SHOULD NOT BE DEFERRED TO THE BOARD'S NEXT SCHEDULED MEETING, PROCESS OR PROGRESS ON PLANNING GOALS, THE BOARD'S RESPONSIBILITY TO SUPPORT THE PRESIDENT AND ASSESS HER OR HIS PERFORMANCE AND SHALL REVIEW THE PRESIDENT'S COMPENSATION AND CONDITIONS OF EMPLOYMENT. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING INDIVIDUALS HAVE A BUSINESS RELATIONSHIP BY VIRTUE OF EMPLOYMENT OF CO-MEMBERSHIP OF AN ENTITY (OR ENTITIES) UNRELATED TO CHATHAM UNIVERSITY: G. NICHOLAS BECKWITH III; W. DUFF MCCRADY; SANDRA RADAR, DNP; BROOKS BROADHURST. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY SENIOR FINANCE MANAGEMENT AND THE PRESIDENT IN DETAIL. THE FORM IS THEN DISCUSSED AND REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. FOLLOWING COMMITTEE LEVEL REVIEW, THE APPROVED DOCUMENT IS PROVIDED TO THE FULL MEMBERSHIP OF THE BOARD BEFORE ELECTRONIC SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES SHALL DISCLOSE TO THE BOARD OF TRUSTEES ANY POSSIBLE CONFLICT OF INTEREST AT THE EARLIEST PRACTICAL TIME. FURTHERMORE, THE TRUSTEE SHALL ABSENT HERSELF OR HIMSELF FROM DISCUSSIONS OF, AND ABSTAIN FROM VOTING ON, SUCH MATTERS UNDER CONSIDERATION BY THE BOARD OF TRUSTEES OR ITS COMMITTEES. THE MINUTES OF SUCH MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE AND THAT THE TRUSTEE HAVING A CONFLICT, OR POSSIBLE CONFLICT, ABSTAINED FROM VOTING. ANY TRUSTEE WHO IS UNCERTAIN WHETHER A CONFLICT OF INTEREST MAY EXIST IN ANY MANNER MAY REQUEST THE BOARD OF TRUSTEES OR COMMITTEE TO RESOLVE THE QUESTION IN HER OR HIS ABSENCE BY MAJORITY VOTE. ANNUALLY, BOARD MEMBERS AND KEY EMPLOYEES SIGN A CONFLICT OF INTEREST DISCLOSURE FORM PROVIDED BY THE SECRETARY OF THE BOARD. THE SIGNED FORM IS THEN FORWARDED TO THE PRESIDENT'S OFFICE AND THE FINANCE DEPARTMENT TO BE LOGGED AND FILED FOR REFERENCE. ANY IDENTIFIED CONFLICTS ARE IMMEDIATELY BROUGHT TO THE ATTENTION OF THE EXECUTIVE COMMITTEE OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S COMPENSATION IS ESTABLISHED BY THE BOARD OF TRUSTEES THROUGH THE EXECUTIVE OR COMPENSATION COMMITTEE USING INDEPENDENT CONSULTANTS AND DATA FROM PEER INSTITUTIONS. COMPENSATION IS DOCUMENTED IN THE BOARD MINUTES AND IN A WRITTEN EMPLOYMENT CONTRACT. COMPENSATION LEVELS OF ALL EMPLOYEES, INCLUDING DIRECT REPORTS TO THE PRESIDENT, ARE MONITORED BY THE HUMAN RESOURCE DEPARTMENT, THE SENIOR VICE PRESIDENT OF FINANCE AND ADMINISTRATION, VICE PRESIDENT OF ACADEMIC AFFAIRS, AND THE PRESIDENT USING CUPA PEER INSTITUTION COMPARATIVE DATA ON AN ANNUAL BASIS. COMPENSATION INCREASES FOR DIRECT REPORTS TO THE PRESIDENT ARE GENERALLY INCLUDED IN THE ANNUAL MERIT BUDGET INCREASE POOL APPROVED BY THE BOARD OF TRUSTEES. FROM TIME TO TIME, THERE ARE EXTRAORDINARY COMPENSATION ISSUES RELATED TO DIRECT REPORTS TO THE PRESIDENTS AND IN THESE CASES, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES APPROVES ANY RELATED INCREASES, CONTRACTS, AGREEMENT SIDE LETTERS, OR SPECIAL CONSIDERATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S POLICIES, ORGANIZATIONAL DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE UNIVERSITY'S WEBSITE. FORM 990, PART XII, LINE 2C: NO CHANGE FROM THE PRIOR YEAR POLICY. THE DIETRICH FOUNDATION 600 GRANT STREET SUITE 5360 PITTSBURGH PA 15219 364711746 SUPPORT, BENEFIT, PERFORM THE FUNCTIONS OF AND CARRY OUT PURPOSES OF C.U. PA 501(C)(3) LINE 12A, I N/A 0 CHARITABLE GIFT ANNUITIES (3) ANNUITY PA N/A T 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0