2024-05-14T15:37:02-05:00 2023-06-30 FORVIS LLP 111 E Wayne St Suite 600 Fort Wayne IN 46802 990 2022-07-01 382410852 KETTERING UNIVERSITY % MARSHA BEWERSDORF KETT 8107629925 1700 UNIVERSITY AVENUE FLINT MI 485046214 MARSHA BEWERSDORF V.P. ADMINISTRATION 8107629790 2024-05-15 true ROBERT K MCMAHAN 999009999 LAUREN R DENTON P01571860 2604604000 2 2022 2023-04-26 12:10:37Z ROBERT K MCMAHAN 1700 UNIVERSITY AVE FLINT MI 485046214 108947022 false X WWW.KETTERING.EDU X 1982 MI KU PREPARES STUDENTS FOR LIVES OF EXTRAORDINARY LEADERSHIP AND SERVICE BY LINKING TRANSFORMATIVE EXPERIENTIAL LEARNING OPPORTUNITIES TO RIGOROUS ACADEMIC PROGRAMS. 25 24 870 1000 411504 0 15722507 17074517 88795847 83484573 4301711 3596539 51510 96255 108871575 104251884 44726565 40708175 0 0 36356017 36146836 0 0 2242613 25637117 29334815 106719699 106189826 2151876 -1937942 273554260 275349532 49321682 46880152 224232578 228469380 X SEE SCHEDULE O. false false 65242270 40708175 72705078 UNDERGRADUATE INSTRUCTION. DELIVERED 48,651 UNDERGRADUATE STUDENT HOURS OF INSTRUCTION (ONE CREDIT HOUR REPRESENTS 10 HOURS OF INSTRUCTION FOR ONE STUDENT). AWARDED 345 BACCALAUREATE DEGREES IN 14 DIFFERENT PROGRAMS. 3216851 5584488 GRADUATE INSTRUCTION. DELIVERED 6,379 GRADUATE STUDENT CREDIT HOUR (ONE CREDIT HOUR REPRESENTS 10 HOURS OF INSTRUCTION FOR ONE STUDENT). AWARDED 167 MASTERS DEGREES IN 8 DIFFERENT PROGRAMS. 416835 416835 SEE SCHEDULE O. 27557070 4778172 ALL OTHER PROGRAM SERVICES INCLUDES ACADEMIC SUPPORT, STUDENT SERVICES, INSTITUTIONAL SERVICES, AND AUXILIARY SERVICES. 27557070 4778172 96433026 true true false false false false false true false true true true false false true false true false true true true false false false false false false false true true true false true false false false false false false false false true false false false false true false false false true 2298 0 true 870 true true true true EI JE LU false false false true true false false false false false false false X 25 24 false false false false false false false true true false false true true true true true true true false false X MARSHA BEWERSDORF 8107629790 1700 UNIVERSITY AVENUE FLINT MI 485046214 ROBERT K MCMAHAN PRESIDENT 80.0 0.0 X X 743819 0 193746 JAMES ZHANG PROVOST 55.0 0.0 X 313941 0 47534 THOMAS AYERS TREASURER 55.0 0.0 X 302814 0 44154 TRACIE JONES VP ENROLLMENT & CO-OP SERVICES 55.0 0.0 X 210223 0 23783 KATHRYN SVINARICH ASSOCIATE PROVOST 55.0 0.0 X 205900 0 20857 CHRISTINE WALLACE VP. KETTERING GLOBAL 55.0 0.0 X 183877 0 38457 SCOTT GRASMAN INTERIM DEAN OF COLLEGE OF ENG 55.0 0.0 X 177784 0 40089 DONALD ROCKWELL UNIVERSITY COUNSEL 55.0 0.0 X 166826 0 27083 MICHAEL FARMER DEPT HEAD COMPUTER SCIENCE 55.0 0.0 X 150049 0 42706 LB MCCUNE VP STUDENT AFFAIRS 55.0 0.0 X 158243 0 27335 CRAIG HOFF DEAN OF COLLEGE OF ENGINEERING 55.0 0.0 X 147091 0 37242 BASSEM RAMADAN DEPT. HEAD-MECHANICAL ENGINEER 55.0 0.0 X 154440 0 21004 JANE HOMSHER SPECIAL ASST. TO THE PRESIDENT 55.0 0.0 X 152480 0 22553 CARLA J BAILO BOARD VICE CHAIR 2.0 0.0 X X 0 0 0 GERALD JOHNSON BOARD MEMBER 2.0 0.0 X 0 0 0 NORMAN J SZYDLOWSKI BOARD MEMBER 2.0 0.0 X 0 0 0 DIANA D TREMBLAY BOARD MEMBER 2.0 0.0 X 0 0 0 BRUCE D COVENTRY BOARD MEMBER 2.0 0.0 X 0 0 0 CHARLES F KETTERING III BOARD MEMBER 2.0 0.0 X 0 0 0 CHARLES GRAY BOARD MEMBER 2.0 0.0 X 0 0 0 DAVID KAZYAK BOARD MEMBER 2.0 0.0 X 0 0 0 DAVID S HOYTE BOARD MEMBER 2.0 0.0 X 0 0 0 GARY L COWGER BOARD MEMBER 2.0 0.0 X 0 0 0 HENIO R ARCANGELI JR BOARD MEMBER 2.0 0.0 X 0 0 0 JACQUELINE A DEDO BOARD MEMBER 2.0 0.0 X 0 0 0 JANE E BOON BOARD MEMBER 2.0 0.0 X 0 0 0 JEFFREY J OWENS BOARD MEMBER 2.0 0.0 X 0 0 0 JESSE M LOPEZ BOARD SECRETARY 2.0 0.0 X 0 0 0 JOHN W MOYER BOARD MEMBER 2.0 0.0 X 0 0 0 LIZABETH A ARDISANA BOARD MEMBER 4.0 0.0 X 0 0 0 MACHELLE A MCADORY BOARD MEMBER 2.0 0.0 X 0 0 0 MARJORIE SORGE BOARD MEMBER 2.0 0.0 X 0 0 0 PHILLIP C DUTCHER BOARD MEMBER 2.0 0.0 X 0 0 0 RAJ NAIR BOARD MEMBER 2.0 0.0 X 0 0 0 RAYMOND E SCOTT BOARD MEMBER 2.0 0.0 X 0 0 0 WALTER G BORST BOARD CHAIR 2.0 0.0 X X 0 0 0 3067487 0 586543 43 false true false KEYPATH EDUCATION 1933 N MEACHAM RD STE 400 SCHAUMBURG IL 60173 RECRUITMENT SERVICES 1946147 RUFFALO NOEL LEVITZ 1025 KIRKWOOD PKYWY SW CEDAR RAPIDS IA 52404 MARKETING SERVICES 543448 DUFFEY PETROSKY COMPANY 38505 COUNTRY CLUB DR STE 110 FARMINGTON HILLS MI 48331 MARKETING SERVICES 445970 GIUSEPPE RIZZA 78000 PEARL DRIVE BRUCE TWP MI 480651618 ADVANCEMENT SRVICES 229272 DIAMOND EXCAVATING 8181 N STATE ROAD OTISVILLE MI 484639409 PAVING/CONSTRUCTION 150000 5 831009 16243508 740039 17074517 TUITION- UNDERGRADUATE 611310 72705078 72705078 TUITION- GRADUATE 611310 5584488 5584488 RESEARCH 611310 940755 940755 INTERNATIONAL PROGRAMS 611310 398061 398061 AUXILIARY SERVICES 611310 3856191 3856191 83484573 2187186 411504 1775682 0 0 96255 96255 0 96255 96255 6104491 4695138 1409353 1409353 1409353 0 0 0 0 0 0 0 0 0 0 104251884 83484573 411504 3281290 X 0 40708175 40708175 0 0 2219876 2045607 174269 0 25885581 22933497 1828095 1123989 2209025 1818648 302580 87797 3826437 3150233 524124 152080 2005917 1548619 354444 102854 0 67747 4426 63321 75384 75384 0 0 125000 125000 10662922 9723745 702954 236223 64578 62617 1940 21 1866025 1743802 84183 38040 0 0 2590403 2279555 233136 77712 675111 483787 156155 35169 0 117673 80634 31973 5066 1433619 1433619 0 5872498 5520148 176175 176175 579142 578857 285 EQUIPMENT 733582 691356 32077 10149 MAINTENANCE 2770204 2705686 64518 STUDENT CLUBS 257012 257012 MISCELLANEOUS 1443915 1287467 133664 22784 106189826 96433026 7514187 2242613 1800 1800 29258210 14062560 2650729 1694800 1151065 1613392 0 0 0 0 0 0 0 0 1324637 1812480 259972920 119437428 136354409 140535492 57781088 64743754 45032322 46551519 0 0 0 0 0 4333735 273554260 275349532 4583369 1934632 0 0 1414367 2352830 39397739 38750142 0 0 0 0 0 0 0 177778 3926207 3664770 49321682 46880152 X 86634600 120648298 137597978 107821082 224232578 228469380 273554260 275349532 X -1937942 5973213 201531 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X false 102189065 1356027 10540919 1829791 2060344 125000 110070876 110952886 2836684 -8300247 1572205 1603005 125048 102189065 88333064 3600068 22908027 1950019 1813254 125000 110952886 90353355 964724 340938 1505323 1695630 125000 88333064 86552982 2812419 4191380 1473147 1605279 125000 90353355 0.11000 0.58000 0.31000 false false 7158728 7158728 197463642 85925081 111538561 23978689 19976956 4001733 31371861 13535391 17836470 140535492 ACADIAN GLOBAL MGD VOLATILITY 5479170 F ARCLIGHT ENERGY PARTNERS VI 819823 F ARCLIGHT ENERGY PARTNERS VII 1590362 F ARROWGRASS INTERNATIONAL FUND 41347 F COATUE GROWTH FUND V 1099380 F COLUMBIA CAPITAL EQ PARTNERS V 2587324 F DRIVE CAPITAL OVERDRIVE II 872265 F ENCAP ENERGY CAP FUND XI, LP 2031610 F H.I.G. ADVANTAGE BUYOUT FUND 2912131 F HENDERSON PARK REAL EST FUND I 3045834 F HENDERSON PARK REAL EST FND II 658930 F MARATHON DISTRESSED CREDIT FND 1321347 F MB SPECIAL OPP. FUND II 705400 F OAK HILL CAPITAL PARTNERS IV 909229 F OAK HILL CAPITAL PARTNERS V 2343971 F OAK HILL STRATEGIC CAPITAL 1111665 F PALOMA INTERNATIONAL LIMITED 3901429 F PARAMETRIC DEFENSIVE EQ FUND 5779057 F RIMROCK HIGH INCOME PLUS FUND 3739656 F WALTON STREET RE FUND VIII LP 673661 F WARBURG PINCUS GLOBAL GROWTH 2436150 F WARBURG PINCUS PRIVATE EQ XII 1932519 F WCP REAL ESTATE FUND IV, LP 559259 F 46551519 0 GIFT ANNUITITES 332027 ASSET RETIREMENT OBLIGATION 2380242 ACCRUED EXPENSE & OTHER LIABILITIES 952501 3664770 69718453 5973213 5973213 63745240 40506644 40506644 104251884 65481651 65481651 40708175 40708175 106189826 SCHEDULE D, PART III, LINE 1 THE UNIVERSITY HOLDS A HISTORICAL COLLECTION WITH AN APPROXIMATE VALUE OF $1,200,000 THAT HAS NOT BEEN CAPITALIZED AS ANY PROCEEDS FROM THE SALE OF ITEMS WOULD BE REINVESTED IN THE COLLECTION. SCHEDULE D, PART III, LINE 4 SINCE 1973, GMI AND KETTERING UNIVERSITY HAVE ASSISTED IN CREATING ONE OF THE LARGEST AUTOMOTIVE ARCHIVES IN THE COUNTRY THAT ATTRACTS RESEARCHERS FROM AROUND THE GLOBE. THEY ASSISTED THE UNIVERSITY IN RECEIVING THE CHARLES KETTERING COLLECTION, WHICH ATTRACTS MANY RESEARCHERS, WITH ITS HUNDREDS OF PATENTS AND DOCUMENTS RELATED TO THE GASOLINE, FREON, JET FUEL, AND FAST DRYING PAINT, TO NAME ONLY A FEW SUBJECT AREAS. THE FRIGIDAIRE COLLECTION, ANOTHER GENERAL MOTORS DIVISION, SHOWCASES THE ADVANCEMENT OF REFRIGERATION IN THE 20TH CENTURY AND HIGHLIGHTS THE ADVANCEMENT OF TECHNOLOGY IN THE HOME. ADDITIONALLY, ALUMNI HAVE ASSISTED THE UNIVERSITY IN OBTAINING THE PHOTOGRAPH COLLECTION OF AC SPARK PLUG, WITH AN ESTIMATED COLLECTION OF 40,000 NEGATIVES. SCHEDULE D, PART V, LINE 4 THE KETTERING UNIVERSITY ENDOWMENT FUND IS USED FOR A VARIETY OF PURPOSES, INCLUDING STUDENT SCHOLARSHIPS, INSTRUCTIONAL CHAIRS, AND SUPPORT FOR SPECIFIC PROGRAMS. ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. SCHEDULE D, PART XI, LINE 4B CHANGE IN FAIR VALUE OF BENEFICIAL INTEREST $ (201,531) GRANTS AND SCHOLARSHIPS $ 40,708,175 TOTAL $ 40,506,644 SCHEDULE D, PART XII, LINE 4B GRANTS AND SCHOLARSHIPS $ 40,708,175 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 IN PUBLIC RELATIONS RELEASES AND INTERVIEWS WITH THE MEDIA, THE POLICY OF NON-DISCRIMINATION IS MADE CLEAR. ALL PUBLISHED RECRUITING MATERIALS FOR BOTH STUDENTS AND EMPLOYEES CARRY A STATEMENT WHICH DECLARES THE INSTITUTIONS POLICY OF NON-DISCRIMINATION. SCHEDULE E, PART I, LINE 6A KETTERING UNIVERSITY RECEIVES MULTIPLE FEDERAL AND STATE GRANTS. Central America and the Caribbean PASSIVE INVESTMENTS 9893477 Europe (Including Iceland and Greenland) PASSIVE INVESTMENTS 5466561 EUROPE 1 Program Services ONLINE INSTRUCTOR 2800 North America 1 Program Services ONLINE INSTRUCTOR 15625 EUROPE 1 Program Services ONLINE INSTRUCTOR 11350 3 3 15389813 15389813 true false false true true false true Grants and Scholarship Assistance 1465 40708175 SCHEDULE I, PART I, LINE 2 Scholarships are given to individuals based on need and merit to aid with tuition and fees. Scholarships are a reduction of tuition and fees and provided directly by the university. Records are maintained for eligibility and the selection criteria. X X true true X X X X false true false false false false false false false TRACIE JONES VP ENROLLMENT & CO-OP SERVICES 208039 0 0 0 2184 0 18985 0 4798 0 234006 0 DONALD ROCKWELL UNIVERSITY COUNSEL 164189 0 0 0 2637 0 14188 0 12895 0 193909 0 JAMES ZHANG PROVOST 280319 0 30000 0 3622 0 26038 0 21496 0 361475 0 ROBERT K MCMAHAN PRESIDENT 582225 0 100000 0 61594 0 127450 0 66296 0 937565 0 THOMAS AYERS TREASURER 266885 0 30000 0 5929 0 24667 0 19487 0 346968 0 CHRISTINE WALLACE VP. KETTERING GLOBAL 178402 0 0 0 5475 0 16902 0 21555 0 222334 0 LB MCCUNE VP STUDENT AFFAIRS 137938 0 15000 0 5305 0 12791 0 14544 0 185578 0 KATHRYN SVINARICH ASSOCIATE PROVOST 202324 0 0 0 3576 0 18272 0 2585 0 226757 0 CRAIG HOFF DEAN OF COLLEGE OF ENGINEERING 144670 0 0 0 2421 0 14007 0 23235 0 184333 0 MICHAEL FARMER DEPT HEAD COMPUTER SCIENCE 148162 0 0 0 1887 0 13065 0 29641 0 192755 0 BASSEM RAMADAN DEPT. HEAD-MECHANICAL ENGINEER 152418 0 0 0 2022 0 13823 0 7181 0 175444 0 JANE HOMSHER SPECIAL ASST. TO THE PRESIDENT 148659 0 0 0 3821 0 13715 0 8838 0 175033 0 SCOTT GRASMAN INTERIM DEAN OF COLLEGE OF ENG 176570 0 0 0 1214 0 15552 0 24537 0 217873 0 SCHEDULE J, PART I, LINE 1A RESIDENCE IS PROVIDED TO THE PRESIDENT IN WHICH HE IS REQUIRED BY THE BOARD OF TRUSTEES TO RESIDE AS A CONDITION OF EMPLOYMENT. Schedule J, Part I, Line 4 President McMahan participates in a deferred compensation plan, upon which payment is contingent on meeting contractual conditions authorized by the Board of Trustees. DURING THE YEAR ENDED 6/30/2023, CONTRIBUTIONS TO THE PLAN WERE $100,000. This deferred compensation is reported on Schedule J Part II line 1 column C. Schedule J, Part I, Line 7 Performance bonuses paid to employees listed in Schedule J, Part II, Column B(ii). Schedule J, Part II Amount shown in performance-based bonus paid to President Robert K. McMahan as solely determined by the Board of Trustees. Schedule J, Part II, Line 1, Column D $36,151 the estimated value of the President's house in which the President is required by the Board of Trustees to reside as a condition of employment and is required to be reported as a non-taxable benefit on this schedule. A MICHIGAN FINANCE AUTHORITY 800596186 594479FQ5 2020-06-30 40002602 PROVIDE FUNDS TO REFUND PRIOR ISSU false false false A 560000 16485000 40002602 0 1583633 14973410 429667 0 0 0 1857084 23016031 2022 true false false true A false false false 0.00000 0.00000 0.00000 false false false true A false true false false false false 0 false 0 false true A true X 1 36658 FMV X 20 664383 FMV X TRAVEL 8 9530 FMV X EQUIPMENT 15 29468 FMV false true false SCHEDULE M, PART I THE AMOUNTS LISTED IN PART 1, COLUMN B ARE BASED ON THE NUMBER OF CONTRIBUTORS FOR EACH TYPE OF PROPERTY CONTRIBUTED. FORM 990, PART I & III, LINE 1 - ORGANIZATION'S MISSION KETTERING UNIVERSITY PREPARES STUDENTS FOR LIVES OF EXTRAORDINARY LEADERSHIP AND SERVICE BY LINKING TRANSFORMATIVE EXPERIENTIAL LEARNING OPPORTUNITIES TO RIGOROUS ACADEMIC PROGRAMS IN ENGINEERING, SCIENCE, MATHEMATICS AND BUSINESS. FOUNDED IN 1919 BY A GROUP OF FLINT LEADERS WITH A VISION FOR TRANSFORMING THE AUTOMOBILE INDUSTRY, KETTERING UNIVERSITY TODAY OFFERS 9 UNDERGRADUATE DEGREES, 8 GRADUATE DEGREES, AND A VARIETY OF CONCENTRATIONS AND MINORS THAT ALLOW IT TO DELIVER AN EDUCATION THAT COUPLES THEORY AND PRACTICE BETTER THAN ANY OTHER INSTITUTION IN THE WORLD. THE UNIVERSITY IS DEDICATED TO ACHIEVING THE EXTRAORDINARY THROUGH TECHNOLOGICAL INNOVATION, LEADERSHIP AND SERVICE. THROUGH GROWTH, GLOBAL LEADERSHIP, COMMUNITY OUTREACH AND AN ENGAGED COMMUNITY OF STAKEHOLDERS THE UNIVERSITY STRIVES TO FULFILL ITS MISSION. THE UNIVERSITY'S ACTIONS ARE IMBUED BY A SET OF VALUES THAT FOSTER RESPECT, INTEGRITY, CREATIVITY, COLLABORATION AND EXCELLENCE. FORM 990, PART III - PROGRAM SERVICE, LINE 4C SMALL BUSINESS DEVELOPMENT CENTER 2022 THIS SUBAWARD IS ISSUED BY THE MI-SBDC LEAD CENTER AT GRAND VALLEY STATE UNIVERSITY FOR THE PERFORMANCE FOR A SCOPE OF WORK ORIGINALLY AWARDED TO THE PRIME RECIPIENT. GVSU IS THE PRIME RECIPIENT OF THE US SMALL BUSINESS ADMINISTRATION (SBA) SMALL BUSINESS DEVELOPMENT CENTER COOPERATIVE AGREEMENT TO ESTABLISH A STATEWIDE NETWORK OF A STATE LEAD CENTER AND SBDC REGIONAL CENTERS. THE REGIONAL CENTER HOUSED AT KETTERING DEVELOPS AND MAINTAINS A COMPREHENSIVE SMALL BUSINESS ASSISTANCE PROGRAM THAT PROVIDES CONSULTING, TRAINING AND RESEARCH SERVICES TO PROMOTE BUSINESS START-UP, INNOVATION AND EXPANSION. ECONOMIC IMPACT SUCCESS IN THIS TIME FRAME: 38 NEW BUSINESS STARTS, 105 NEW JOBS,76 JOBS RETAINED, $5,684,150 IN CAPITAL FORMATION, $345,100 IN INCREASED SALES AND 250 TRAINING ATTENDEES. 31% BUSINESSES OF COLOR, 69% DISADVANTAGED BUSINESSES. SMALL BUSINESS DEVELOPMENT CENTER 2023 THIS SUBAWARD IS ISSUED BY THE MI-SBDC LEAD CENTER AT GRAND VALLEY STATE UNIVERSITY FOR THE PERFORMANCE FOR A SCOPE OF WORK ORIGINALLY AWARDED TO THE PRIME RECIPIENT. GVSU IS THE PRIME RECIPIENT OF THE US SMALL BUSINESS ADMINISTRATION (SBA) SMALL BUSINESS DEVELOPMENT CENTER COOPERATIVE AGREEMENT TO ESTABLISH A STATEWIDE NETWORK OF A STATE LEAD CENTER AND SBDC REGIONAL CENTERS. THE REGIONAL CENTER HOUSED AT KETTERING DEVELOPS AND MAINTAINS A COMPREHENSIVE SMALL BUSINESS ASSISTANCE PROGRAM THAT PROVIDES CONSULTING, TRAINING AND RESEARCH SERVICES TO PROMOTE BUSINESS START-UP, INNOVATION AND EXPANSION. ECONOMIC IMPACT SUCCESS IN THIS TIME FRAME: 46 NEW BUSINESS STARTS, 128 NEW JOBS, 154 JOBS RETAINED, $8,528,750 IN CAPITAL FORMATION, SALES AND 200 TRAINING ATTENDEES.30% BUSINESSES OF COLOR, 68% DISADVANTAGED BUSINESSES. KCP 4S 2022-2023 SELECT STUDENT SUPPORT SERVICES IN OCTOBER, 2022 KETTERING UNIVERSITY BEGAN YEAR 6 OF A SIX-YEAR GRANT FUNDED BY THE STATE OF MICHIGAN DEPARTMENT OF LABOR AND ECONOMIC THROUGH THE KING CHAVEZ PARKS INITIATIVE 4S- SELECT STUDENT SUPPORT SERVICES PROGRAM. THE PROGRAM IS DESIGNED TO DEVELOP ACADEMICALLY OR ECONOMICALLY DISADVANTAGED STUDENT RETENTION PROGRAMS FOR THOSE WHO WOULD OTHERWISE NOT ADEQUATELY BE REPRESENTED IN THE STUDENT POPULATION. CORE OBJECTIVES INCLUDE: . IMPROVE GRADE POINT AVERAGE . ADVANCE CLASS STANDING . ACCEPTED INTO MAJOR . INCREASE GRADUATION FORM 990, PART VI, SECTION B, LINE 11B KETTERING UNIVERSITY REVIEWS THE COMPLETED FORM 990 WITH THE COMMITTEE FOR AUDIT AND COMPLIANCE AND PROVIDES AN ELECTRONIC COPY TO ALL BOARD OF TRUSTEE MEMBERS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST AND CONFLICT OF COMMITMENT DISCLOSURES FORM IS REQUIRED TO BE COMPLETED BY ALL FULL-TIME EMPLOYEES AND TRUSTEES ANNUALLY AND THEN SUBSEQUENTLY UPDATED WHEN A CHANGE OCCURS RELATIVE TO THE INFORMATION MOST RECENTLY PROVIDED. COMPLETED DISCLOSURE FORMS SUBMITTED BY FACULTY AND STAFF ARE REVIEWED BY HUMAN RESOURCES AND FORMS SUBMITTED BY TRUSTEES ARE REVIEWED BY THE PRESIDENT'S OFFICE. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES HIRED A SEARCH FIRM TO CONDUCT THE PRESIDENTIAL SEARCH. BENCHMARKING AND MARKET DATA WERE USED TO DETERMINE THE COMPENSATION PACKAGE OFFERED AND CONTRACT RENEWALS. ALL INCREASES TO COMPENSATION ARE REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE AND THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 KETTERING UNIVERSITY'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY (CODE OF ETHICS) ARE AVAILABLE FOR PUBLIC INSPECTION IN THE OFFICE OF ADMINISTRATION AND FINANCE. FORM 990, PART XI, LINE 9 CHANGE IN FAIR VALUE OF BENEFICIAL INTEREST $ 201,531 FORM 990 PART IX LINE 11G DESCRIPTION:OTHER TOTAL FEES:10662922 CHARITABLE REMAINDER TRUST (1) TRUST MI KETTERING TRUST true false false false false false false false false false false false false false false false false false false false