2024-05-01T12:07:00-05:00 2023-06-30 910189318 MOSS ADAMS LLP 21700 OXNARD ST STE 300 WOODLAND HILLS CA 91367 990 2022-07-01 951246140 SOUTHWESTERN LAW SCHOOL SOUT 2137386700 3050 WILSHIRE BOULEVARD LOS ANGELES CA 90010 LAURA T PONDER CPA CFO 2137386854 2024-04-30 1 LAURA PONDER CPA 999009999 1 LAUREN A HAVERLOCK P00545829 8185771900 2024-04-30 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LAURA T PONDER CPA 3050 WILSHIRE BOULEVARD LOS ANGELES CA 90010 93850486 0 X WWW.SWLAW.EDU X 1911 CA FOR MORE THAN A CENTURY, SOUTHWESTERN HAS EDUCATED LAWYERS READY TO SERVE CLIENTS, THE PROFESSION, AND OUR SOCIETY WITH EXCELLENCE. WE EMPOWER STUDENTS TO REACH THEIR POTENTIAL. WE CULTIVATE INCLUSION AND BELONGING. WE PROMOTE EQUITY AND JUSTICE. WE CHAMPION TRAILBLAZERS, DEVELOP DEALMAKERS, AND INSPIRE INTELLECTUAL CURIOSITY. WE INNOVATE. WE SHAPE THE LAW AND PUBLIC POLICY THROUGH TEACHING, SCHOLARSHIP, AND SERVICE. WE ARE THE DIFFERENCE. 25 25 665 22 -6158 0 3641440 3258338 55218468 54130780 151023 635847 1209408 1257222 60220339 59282187 17532237 17349390 0 0 25813432 25878961 0 0 298174 14591314 16922006 57936983 60150357 2283356 -868170 130413828 135760519 28576252 26745521 101837576 109014998 X FOR MORE THAN A CENTURY, SOUTHWESTERN HAS EDUCATED LAWYERS READY TO SERVE CLIENTS, THE PROFESSION, AND OUR SOCIETY WITH EXCELLENCE. WE EMPOWER STUDENTS TO REACH THEIR POTENTIAL. WE CULTIVATE INCLUSION AND BELONGING. WE PROMOTE EQUITY AND JUSTICE. WE CHAMPION TRAILBLAZERS, DEVELOP DEALMAKERS, AND INSPIRE INTELLECTUAL CURIOSITY. WE INNOVATE. WE SHAPE THE LAW AND PUBLIC POLICY THROUGH TEACHING, SCHOLARSHIP, AND SERVICE. WE ARE THE DIFFERENCE. 0 0 44229262 17349390 54130780 THE LAW SCHOOL ACCOMMODATES A WIDE RANGE OF STUDENTS AND SEEKS TO MAKE A COMPREHENSIVE LEGAL EDUCATION ACCESSIBLE TO ALL QUALIFIED APPLICANTS AND TO CONTRIBUTE TO DIVERSITY IN THE LEGAL PROFESSION. THE LAW SCHOOL ACCOMPLISHES THIS GOAL IN PART BY OFFERING MULTIPLE COURSES OF STUDYLEADING TO THE JURIS DOCTOR DEGREE: (1) A FULLY ONLINE ASYNCHRONOUS CURRICULUM IN BOTH FULL-TIME AND PART-TIME OPTIONS STARTING FALL 2024;(2) A THREE-YEAR, FULL-TIME DAY PROGRAM; (3) A TWO-YEAR, ACCELERATED FULL-TIME DAY PROGRAM;(4) A FOUR YEAR, PART-TIME DAY PROGRAM FOR STUDENTS WITH CHILD-CARE, ELDER-CARE, OR OTHER CARE-GIVING RESPONSIBILITIES;(5) A FOUR-YEAR, PART-TIME DAY PROGRAM; AND(6) A FOUR-YEAR, PART-TIME HYBRID EVENING PROGRAM.THE LAW SCHOOL ALSO OFFERS COURSES OF STUDY LEADING TO EITHER A MASTERS IN GENERAL LAW OR MASTERS OF LAW IN ENTERTAINMENT AND MEDIA LAW. THE LAW SCHOOL OFFERS A CONCURRENT J.D./M.B.A. PROGRAM WITH THE DRUCKER SCHOOL OF MANAGEMENT AT CLAREMONT GRADUATE UNIVERSITY. THE LAW SCHOOL SPONSORS A FOREIGN SUMMER ABROAD LAW PROGRAM AS PART OF THE J.D. DEGREE. 44229262 1 1 0 1 0 0 0 0 0 1 1 1 1 1 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1368 0 1 665 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 25 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X LAURA PONDER 2137386854 3050 WILSHIRE BLVD LOS ANGELES CA 90010 ANGELA D DICKERSON PRESIDENT & DEAN 40.00 X 443395 0 39254 JULIE XANDERS GENERAL COUNSEL/CORPORATE SECRETARY 40.00 X 257265 0 47048 HILA KEREN FACULTY 40.00 X 248612 0 54679 CATHERINE L CARPENTER FACULTY 40.00 X 242821 0 55729 ANAHID GHARAKHANIAN FACULTY 40.00 X 251000 0 20761 JENNY L RODRIGUEZ FACULTY 40.00 X 252811 0 13551 KEVIN J GREENE FACULTY 40.00 X 242851 0 19382 MICHAEL HILL CARTER FORMER EVP CAO 0.00 X 228055 0 4064 SUSAN PRAGER - FORMER DEAN DEAN EMERITA/PROF. OF LAW 40.00 X 138313 0 13177 JANIS K YOKOYAMA FORMER CORPORATE SECRETARY 0.00 X 141847 0 1005 LINDA SHARON ROSS FORMER CFO 0.00 X 118564 0 16821 MARISELA CERVANTES - CHIEF OF STAFF/ASST. CORPORATE SECRETARY 40.00 X 88219 0 1117 LAURA PONDER CFO (AS OF 01/23) 40.00 X 0 0 0 LUIS TOLEDO INTERIM CFO (THRU 01/23) 40.00 X 0 0 0 LAUREN B LEICHTMAN CHAIR OF THE BOARD OF TRUSTEES 1.00 X X 0 0 0 PETER DUCHESNEAU VICE CHAIR, BOARD OF TRUSTEES 1.00 X X 0 0 0 WALTER M YOKA VICE CHAIR, BOARD OF TRUSTEES 1.00 X X 0 0 0 ALICIA MATRICARDI PRESIDENT, SW ALUMNI ASSOCIATION 1.00 X 0 0 0 ROBERT FORD PRESIDENT OF NICKEL CLUB 1.00 X 0 0 0 J BERNARD ALEXANDER BOARD MEMBER 1.00 X 0 0 0 KEVIN BURKE - BOARD MEMBER (THRU MID-DECEMBER 2022) 1.00 X 0 0 0 STEVEN P BYRNE BOARD MEMBER 1.00 X 0 0 0 MICHAEL E CAHILL - BOARD MEMBER (THRU MID-DECEMBER 2022) 1.00 X 0 0 0 CHRISTIAN DOWELL BOARD MEMBER (AS OF 12/22) 1.00 X 0 0 0 THOMAS L DRISCOLL BOARD MEMBER 1.00 X 0 0 0 CHARLES FAIRCHILD - BOARD MEMBER (THRU MID-DECEMBER 2022) 1.00 X 0 0 0 JOHN M GERRO BOARD MEMBER 1.00 X 0 0 0 ROBERT GLASSMAN BOARD MEMBER 1.00 X 0 0 0 KEN GORVETZIAN BOARD MEMBER (AS OF 12/22) 1.00 X 0 0 0 JAHMY S GRAHAM BOARD MEMBER 1.00 X 0 0 0 NYREE GRAY BOARD MEMBER (AS OF 12/22) 1.00 X 0 0 0 HON J GARY HASTINGS BOARD MEMBER 1.00 X 0 0 0 THOMAS H HOBERMAN BOARD MEMBER 1.00 X 0 0 0 DANA HOLLINGER BOARD MEMBER (AS OF 12/22) 1.00 X 0 0 0 BETTY P KELEPECZ BOARD MEMBER 1.00 X 0 0 0 MARIA MEHRANIAN BOARD MEMBER 1.00 X 0 0 0 HON ROBERT H PHILIBOSIAN BOARD MEMBER 1.00 X 0 0 0 CHERIE S RAIDY BOARD MEMBER 1.00 X 0 0 0 ANDREW ROSEN BOARD MEMBER (AS OF 12/22) 1.00 X 0 0 0 MEE H SEMCKEN BOARD MEMBER 1.00 X 0 0 0 HEIDY VAQUERANO BOARD MEMBER 1.00 X 0 0 0 GEORGE WOOLVERTON BOARD MEMBER 1.00 X 0 0 0 2653753 0 286588 86 1 1 1 US SECURITY ASSOCIATES INC 161 WASHINGTON STREET STE 600 CONSHOHOCKEN PA 19428 SECURITY 924454 LOS ANGELES AIR CONDITIONING 1714 LINDBERGH COURT LA VERNE CA 91750 MAINTENANCE AND REPAIR 318531 KOHL BUILDING MAINTENANCE 9620 TOPANGA CANYON PLACE UNIT F CHATSWORTH CA 91311 JANITORIAL SERVICES 237775 DAVID M LEWIS COMPANY LLC 20750 VENTURA BLVD STE 300 WOODLAND HILLS CA 91364 CONSULTING - INTERIM CFO 158955 MOSS ADAMS LLP PO BOX 101822 PASADENA CA 91189 AUDIT FIRM 140259 5 90500 806826 2361012 10109 3258338 STUDENT TUITION AND FEES 611310 51131780 51131780 STUDENT HOUSING 611710 2843411 2843411 INTEREST EARNED ON STUDENT LOANS 611710 95498 95498 SALES AND SERVICES OF EDUCATION D 611710 60091 60091 54130780 754577 -6158 760735 540 540 5693 5693 1497796 874914 622882 622882 622882 33535442 33654712 -119270 -119270 -119270 43143 90500 38673 4470 4470 STUDENT CONVENIENCE (ETC PARKING) 812930 401996 401996 CONFERENCE REVENUE 611710 85500 85500 136681 136681 624177 59282187 54130780 -6158 1899227 17349390 17349390 1104404 1078524 25880 519531 349915 169616 19010826 14523859 4291153 195814 1406535 1125888 264471 16176 2279959 1653007 612134 14818 1557706 1109748 434955 13003 960361 960361 1808276 1808276 184909 184909 24000 24000 166565 166565 1526426 351237 1156140 19049 257275 90670 166605 1373405 297951 1065751 9703 810797 19566 791231 3207921 1724596 1483325 524973 474660 49693 620 1017205 696123 317971 3111 356042 231860 124182 1924806 1402653 522153 889447 518472 370975 LIBRARY BOOKS & COURSE 913157 913157 CONTINGENCY 763336 231360 531976 BAD DEBT EXPENSE 105614 105614 GRADUATION 82648 82648 24843 16527 8316 60150357 44229262 15622921 298174 1355877 1219781 18373844 16763132 1847210 1593174 622884 526457 176584 303651 115708461 65967552 47343416 49740909 27220476 32731015 29927443 30236647 3379319 2473590 166775 172163 130413828 135760519 6514017 7435954 2438736 2041188 18437327 16929161 1186172 339218 28576252 26745521 X 74156983 78949378 27680593 30065620 101837576 109014998 130413828 135760519 X -868170 8039434 6158 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 24000 24000 0 PART II-B, LINE 1: SOUTHWESTERN LAW SCHOOLS PAID VECTIS DC, A FEDERAL LOBBYING AND GOVERNMENT AFFAIRS FIRM, FOR GOVERNMENT RELATIONS SERVICES IN ORDER TO EXECUTE FEDERAL FUNDING REQUESTS RELATED TO CLINICAL PROGRAMS, RENOVATIONS, TECHNOLOGY, ETC. 23384250 1501182 2683652 782350 26786734 27638116 1081617 -4573943 761540 23384250 21385703 562711 6393016 703314 27638116 19064889 854753 2099601 633540 21385703 18051158 835787 747534 569590 19064889 0.00000 0.83000 0.17000 0 0 8770459 5349610 14120069 8432596 76317170 51034822 33714944 81892 7965993 6992741 1055144 550509 8240232 7939989 850752 49740909 LIMITED LIABILITY COMPANIES - FIXED INCOME 9660210 F LIMITED LIABILITY COMPANIES - GLOBAL EQUITY 18085851 F LIMITED PARTNERSHIPS - PRIVATE EQUITY 2490586 F 30236647 INVESTMENTS - PROGRAM RELATED 2473590 F 2473590 OTHER ASSETS 172163 172163 ADVANCES FOR STUDENT LOANS (PERKINS) 339218 339218 X 51267911 8039434 -15893303 -7853869 59121780 166565 -6158 160407 59282187 44090489 0 44090489 166565 15893303 16059868 60150357 PART V, LINE 4: SOUTHWESTERN LAW SCHOOL'S ENDOWMENT FUND PRIMARILY PROVIDES FINANCIAL ASSISTANCE IN THE FORM OF SCHOLARSHIPS TO SOUTHWESTERN LAW STUDENTS. THE ENDOWMENT FUND ALSO PROVIDES PROFESSORSHIPS FOR SOUTHWESTERN FACULTY. PART X, LINE 2: LIABILITY FOR UNCERTAIN TAX POSITIONS (ASC 740) THE LAW SCHOOL FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS MORE-LIKELY-THAN-NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE LAW SCHOOL IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE INTERNAL REVENUE CODE. THE LAW SCHOOL HAS ALSO BEEN RECOGNIZED BY THE CALIFORNIA FRANCHISE TAX BOARD AS EXEMPT FROM CALIFORNIA FRANCHISE AND INCOME TAXES UNDER SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. THE LAW SCHOOL HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. IN ACCORDANCE WITH U.S. GAAP, THE LAW SCHOOL HAD NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2023 AND 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID -15,893,303. PART XI, LINE 4B - OTHER ADJUSTMENTS: UBI -6,158. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 15,893,303. 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 NON-DISCRIMINATION POLICY IS PUBLISHED ON THE SCHOOL'S INTERNET HOMEPAGE HTTPS://WWW.SWLAW.EDU/ AND HTTPS://WWW.SWLAW.EDU/SWPOLICIES SCHEDULE E, PART I, LINE 6 THE LAW SCHOOL RECEIVES FUNDING FOR THE FEDERAL WORK-STUDY PROGRAM. THE SCHOOL ALSO PARTICIPATED IN THE FEDERAL PERKINS REVOLVING LOAN PROGRAM. BOTH THE FEDERAL WORK-STUDY PROGRAM AND THE FEDERAL PERKINS REVOLVING LOAN PROGRAM PROVIDE FINANCIAL ASSISTANCE TO SOUTHWESTERN LAW STUDENTS. EUROPE (INCLUDING ICELAND AND GREENLAND) 0 6 PROGRAM SERVICES EDUCATION CONDUCTED 420292 0 6 0 0 0 6 420292 0 420292 0 0 0 0 0 0 PART III ACCOUNTING METHOD: ALUMNI GALA 133643 90500 43143 32925 5748 133643 90500 43143 32925 5748 38673 4470 1 SCHOLARSHIP AWARDS 657 15773179 FEDERAL WORK-STUDY 291 609787 FACULTY RESEARCH GRANT 15 709513 CARES ACT FUNDING - HEERF I 256 256911 SCHEDULE I, PART I, LINE 2 SOUTHWESTERN LAW SCHOOL OFFERS A NUMBER OF SCHOLARSHIPS FROM INCOME PROVIDED BY GIFTS FROM DONORS AS WELL AS ITS OWN GENERAL FUNDS. QUALIFICATIONS FOR, AND AMOUNTS OF, SCHOLARSHIPS VARY. THE DETERMINATION OF AWARDS IS GENERALLY BASED ON FINANCIAL NEED AND SCHOLASTIC ACHIEVEMENT, AS WELL AS THE AMOUNT OF FUNDS AVAILABLE. THE SCHOLARSHIP MONEY GETS CREDITED TO THE STUDENTS ACCOUNT AND, UNLESS THE TERMS OF THE SCHOLARSHIP DIRECT OTHERWISE, IS USED FOR TUITION. SCHEDULE I, PART III, LINE 2 FEDERAL WORK-STUDY GRANTS ARE AWARDED TO ASSIST STUDENTS IN MEETING THEIR EDUCATIONAL EXPENSES THROUGH PART-TIME EMPLOYMENT, AND TO ENCOURAGE THEM TO PARTICIPATE IN COMMUNITY SERVICE ACTIVITIES. ONCE FUNDS HAVE BEEN APPROVED BY THE FINANCIAL AID OFFICE, THE STUDENT MUST SECURE A POSITION THROUGH AN ELIGIBLE EMPLOYER. SCHEDULE I, PART III, LINE 3 SUMMER FACULTY RESEARCH GRANTS ARE AWARDED FOR FACULTY RESEARCH AND WRITING IN ACCORD WITH WRITTEN POLICIES, BASED ON ANNUAL WRITTEN APPLICATIONS FROM FULL-TIME MEMBERS OF THE FACULTY. THE APPLICANT'S RECORD OF COMPLIANCE WITH THE TERMS OF PREVIOUS STIPEND AWARDS, ASSESSMENT OF THE PRIOR AND PROPOSED RESEARCH, AND AVAILABLE FUNDS ARE ALL CONSIDERED. A SUBCOMMITTEE OF THE FACULTY DEVELOPMENT COMMITTEE, CHAIRED BY THE ASSOCIATE DEAN FOR RESEARCH, MAKES RECOMMENDATIONS TO THE PRESIDENT & DEAN, WHO ULTIMATELY DECIDES WHICH FACULTY MEMBERS WILL RECEIVE FUNDS. X 1 1 X X X X 1 0 0 0 0 0 0 1 0 ANGELA D DICKERSON PRESIDENT & DEAN 415945 0 20250 0 7200 0 19035 0 20219 0 482649 0 0 0 JULIE XANDERS GENERAL COUNSEL/CORPORATE SECRETARY 239765 0 17500 0 0 0 3750 0 43298 0 304313 0 0 0 HILA KEREN FACULTY 239935 0 8677 0 0 0 21968 0 32711 0 303291 0 0 0 CATHERINE L CARPENTER FACULTY 234144 0 8677 0 0 0 21870 0 33859 0 298550 0 0 0 ANAHID GHARAKHANIAN FACULTY 221000 0 30000 0 0 0 19890 0 871 0 271761 0 0 0 JENNY L RODRIGUEZ FACULTY 252811 0 0 0 0 0 13033 0 518 0 266362 0 0 0 KEVIN J GREENE FACULTY 234174 0 8677 0 0 0 4995 0 14387 0 262233 0 0 0 MICHAEL HILL CARTER FORMER EVP CAO 82055 0 0 0 146000 0 3386 0 678 0 232119 0 0 0 SUSAN PRAGER - FORMER DEAN DEAN EMERITA/PROF. OF LAW 138313 0 0 0 0 0 12448 0 729 0 151490 0 0 0 JANIS K YOKOYAMA FORMER CORPORATE SECRETARY 27914 0 0 0 113933 0 461 0 544 0 142852 0 0 0 LINDA SHARON ROSS FORMER CFO 118564 0 0 0 0 0 8520 0 8301 0 135385 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE IS PROVIDED TO THE DEAN AND IS INCLUDED IN TAXABLE COMPENSATION. PART I, LINE 4A SEVERANCE PAYMENTS WERE INCLUDED IN CERTAIN INDIVIDUALS' COMPENSATION DURING 2022. THE ARRANGEMENTS ARE CONFIDENTIAL, BUT DETAILS MAY BE MADE AVAILABLE UPON INQUIRY. PART I, LINE 7 BONUS AWARDS WERE DISCRETIONARY IN NATURE. FORM 990, PART VII, LINE 5: LUIS TOLEDO, THE INTERIM CFO OF SOUTHWESTERN LAW SCHOOL, WAS COMPENSATED IN CALENDAR YEAR 2022 BY AN UNRELATED ORGANIZATION, DAVID M. LEWIS COMPANY, LLC. SOUTHWESTERN LAW SCHOOL PAID DAVID M. LEWIS COMPANY $158,955 IN CONNECTION WITH THESE SERVICES. A CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 130175A77 2003-05-29 12283629 TO REFUND THE AUTHORITY'S SERIES 0 0 0 B CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 13048VB64 2021-12-21 16910473 TO REFUND THE AUTHORITY'S SERIES 2011 BOND 0 0 0 A 10340000 12628218 228389 12399828 0 1 1 1 B 390000 16910473 335524 16574949 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 1 0 0 0 0 0 0 1 A 1 B 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 05/15/2023 DENNIS YOKOYAMA FAMILY MEMBER OF JANIS YOKOYAMA 239294 EMPLOYMENT COMPENSATION 0 JANET VALENZUELA FAMILY MEMBER OF HON. ROBERT H. PHILIBOSIAN 110621 EMPLOYMENT COMPENSATION 0 FORM 990, PART VI, SECTION A, LINE 3 SOUTHWESTERN LAW SCHOOL PAYS DAVID M. LEWIS COMPANY, LLC, AN UNRELATED MANAGEMENT SERVICES COMPANY. THE INTERIM CFO LUIS TOLEDO LISTED ON FORM 990, PART VII IS PAID BY DAVID M. LEWIS COMPANY, LLC FOR CFO SERVICES. LUIS TOLEDO BEGAN IN THE POSITION MAY 2022 THROUGH JANUARY 2023. SOUTHWESTERN LAW SCHOOL PAID DAVID M. LEWIS COMPANY $158,955 IN CONNECTION WITH THESE SERVICES. FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENTS OF THE NICKEL CLUB AND THE ALUMNI ASSOCIATION BOARD ARE EX-OFFICIO BOARD MEMBERS WITH FULL VOTING AND PARTICIPATION RIGHTS FOR THE TENURE OF THEIR TERMS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY AN INDEPENDENT CPA FIRM. SOUTHWESTERN LAW SCHOOL PREPARES THE 990 ORGANIZER. THE 990 IS REVIEWED BY THE PRESIDENT & DEAN, THEN BY THE AUDIT & COMPLIANCE COMMITTEE OF THE BOARD OF TRUSTEES AND SENT TO ALL THE MEMBERS OF THE BOARD OF TRUSTEES BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C A QUESTIONNAIRE IS SENT TO BOARD OF TRUSTEES MEMBERS AND ALL OFFICERS ON AN ANNUAL BASIS THAT THEY ARE REQUIRED TO COMPLETE. ANY CONFLICTS OF INTEREST THAT MIGHT ARISE ARE SUBSEQUENTLY DISCUSSED TO DETERMINE WHETHER APPROPRIATE ACTION, IF ANY, IS WARRANTED. FORM 990, PART VI, SECTION B, LINE 15 AS PART OF ITS ANNUAL REVIEW OF THE PRESIDENT & DEAN'S PERFORMANCE, THE COMPENSATION COMMITTEE OF SOUTHWESTERN'S BOARD OF TRUSTEES DETERMINES THE COMPENSATION PACKAGE FOR SOUTHWESTERN'S PRESIDENT & DEAN. FORM 990'S OF OTHER ORGANIZATIONS AS WELL AS COMPENSATION SURVEYS ARE USED TO DETERMINE THE PRESIDENT & DEAN'S SALARY. THE COMPENSATION COMMITTEE CONSIDERS SOUTHWESTERN'S INTERNAL BUDGETED SALARY INCREASE IN CONJUNCTION WITH THE OTHER SALARY INFORMATION LISTED ABOVE TO TARGET A RESPONSIBLE COMPENSATION PACKAGE. THE PROCESS DESCRIBED ABOVE IS UNDERTAKEN PRIOR TO SALARY ADJUSTMENTS FOR OUR PRESIDENT & DEAN. IN THE SITUATION WHERE A NEW PRESIDENT & DEAN IS BEING HIRED, THE SOUTHWESTERN BOARD OF TRUSTEES RELIES ON MARKET-BASED COMPENSATION RECOMMENDATIONS OF A PROFESSIONAL RECRUITER. THE COMPENSATION COMMITTEE ALSO REVIEWS THE COMPENSATION OF THE GENERAL COUNSEL, CHIEF FINANCIAL OFFICER, CHIEF INFORMATION OFFICER, VICE PRESIDENT OF INSTITUTIONAL ADVANCEMENT, AND VICE DEANS. THE COMPENSATION ANALYSIS WAS LAST COMPLETED IN 2022. FORM 990, PART VI, SECTION C, LINE 18 THESE DOCUMENTS ARE MADE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE MADE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: INCOME FROM PARTNERSHIPS 6,158.