2023-04-11T18:30:11+00:00 2022-05-31 134008324 PRICEWATERHOUSE COOPERS LLP 655 NEW YORK AVENUE NW SUITE 1100 WASHINGTON DC 20001 990 2021-06-01 750827465 TEXAS CHRISTIAN UNIVERSITY TEXA 8172576122 TCU BOX 297011 FORT WORTH TX 761290001 WILLIAM J NUNEZ VC FINANCE AND ADMINISTRATION 8172575115 2023-04-11 true WILLIAM J NUNEZ 999009999 TRAVIS L PATTON P00369623 2024141000 2023-04-06 2021 2023-04-26 12:10:37Z VICTOR J BOSCHINI TCU BOX 297011 FORT WORTH TX 761290001 2536220721 false X WWW.TCU.EDU X 1889 TX TEXAS CHRISTIAN UNIVERSITY IS AN INSTITUTION OF HIGHER EDUCATION WHICH INCLUDES NINE MAJOR ACADEMIC UNITS. INSTRUCTION IS FOR 11,938 STUDENTS. 46 44 6093 10500 5338107 0 67793344 140172269 677724136 734782582 195862194 273224344 14573750 20094773 955953424 1168273968 252491928 262927828 0 323277242 335145928 138930 218436 13349217 267188802 319851945 843096902 918144137 112856522 250129831 3936231502 4250111470 1136451781 1104012384 2799779721 3146099086 X TEXAS CHRISTIAN UNIVERSITY IS AN INSTITUTION OF HIGHER EDUCATION WHICH INCLUDES NINE MAJOR ACADEMIC UNITS: LIBERAL ARTS, SCIENCE AND ENGINEERING, BUSINESS, EDUCATION, FINE ARTS, COMMUNICATION, HONORS, NURSING AND HEALTH SCIENCES, AND THE ANNE BURNETT MARION SCHOOL OF MEDICINE. TCU'S MISSION STATEMENT IS "TO EDUCATE INDIVIDUALS TO THINK AND ACT AS ETHICAL LEADERS AND RESPONSIBLE CITIZENS IN THE GLOBAL COMMUNITY." OUR VISION IS TO CREATE A WORLD-CLASS, VALUES-CENTERED UNIVERSITY EXPERIENCE FOR OUR STUDENTS. OUR CORE VALUES ARE ACADEMIC ACHIEVEMENT, PERSONAL FREEDOM AND INTEGRITY, THE DIGNITY AND RESPECT OF THE INDIVIDUAL, AND A HERITAGE OF INCLUSIVENESS, TOLERANCE, AND SERVICE. false false 472689754 262927828 587500428 SEE SCHEDULE O 169954210 61532928 SEE SCHEDULE O 77356369 74572187 SEE SCHEDULE O 63814454 10704107 SEE SCHEDULE O 63814454 10704107 783814787 true true false true false false true false true true true false false true true true false true false true true false true true false false true true true true false false false false false false true true false false true true false false true true true true false false true 16675 0 true 6093 true true true false false false false true true false false false false true false X 46 44 true false false false false false false true true false false true true true true true false true true false X CHERYL KENNON 8172575115 THE HARRISON 3101 BELLAIRE DR N FORT WORTH TX 76109 Victor J Boschini Jr Chancellor 40.0 X X 1771468 0 552007 Adelaide D Royer Trustee 2.0 X 0 0 0 Alan D Friedman Trustee 2.0 X 0 0 0 Allie Beth McMurtry Allman Trustee 2.0 X 0 0 0 Amy Roach Bailey Trustee 2.0 X 0 0 0 Anita L Cox Trustee 2.0 X 0 0 0 Barry E Davis Trustee 2.0 X 0 0 0 Bradford L Cunningham Trustee 2.0 X 0 0 0 Brenda Almes Cline Trustee 2.0 X 0 0 0 Charles L Geren Trustee 2.0 X 0 0 0 Charlotte Scharbauer French Trustee 2.0 X 0 0 0 Dee J Kelly Jr Trustee 2.0 X 0 0 0 Duer Wagner III Trustee 2.0 X 0 0 0 Edward A Clark Trustee 2.0 X 0 0 0 Elliott J Hill Trustee 2.0 X 0 0 0 F Howard Walsh III Trustee 2.0 X 0 0 0 G Hunter Enis Trustee 2.0 X 0 0 0 Glenton E Richards Trustee 2.0 X 0 0 0 Greg A Arnold Trustee 2.0 X 0 0 0 J Bryan King Trustee 4.0 X 0 0 0 James Rusty R Reid Trustee 2.0 X 0 0 0 Jan Tucker Scully Trustee 2.0 X 0 0 0 Joe D Briggs Trustee 2.0 X 0 0 0 John H Pinkerton Trustee 2.0 X 0 0 0 Joseph M Gutierrez Jr Trustee 2.0 X 0 0 0 Kade L Matthews Trustee 2.0 X 0 0 0 Kathryn Thompson Farmer Trustee 2.0 X 0 0 0 Kenneth D Thompson II Trustee 2.0 X 0 0 0 Kit Tennison Moncrief Vice Chair 5.0 X 0 0 0 LaDainian T Tomlinson Trustee 2.0 X 0 0 0 Leanne S Acuff Trustee 2.0 X 0 0 0 Marilyn E Davies Trustee 2.0 X 0 0 0 Mark L Johnson Chair 6.0 X 0 0 0 Mary Ralph Lowe Trustee 2.0 X 0 0 0 Michael G Wright Trustee 2.0 X 0 0 0 Michael K Berry Trustee 2.0 X 0 0 0 Michael S Richards Trustee 2.0 X 0 0 0 Nick A Giachino Trustee 2.0 X 0 0 0 Rafael G Garza Trustee 2.0 X 0 0 0 Richard Lee Stuart II Trustee 2.0 X 0 0 0 Rick L Wittenbraker Trustee 2.0 X 0 0 0 Roger Williams Trustee 2.0 X 0 0 0 Ronald C Parker Trustee 4.0 X 0 0 0 Sascha C Bass Trustee 2.0 X 0 0 0 Sheryl L Adkins-Green Trustee 2.0 X 0 0 0 Thomas F Meagher Jr Trustee 2.0 X 0 0 0 V Neils Agather II Trustee 2.0 X 0 0 0 Brian G Gutierrez VC Finance & Administration 40.0 X 677964 0 136243 Donald J Whelan Jr VC University Advancement 40.0 X 641693 0 75145 Jean M Pickett Board Secretary 40.0 X 205000 0 34057 Kathryn M Cavins Tull VC Student Affairs 40.0 X 365311 0 67181 Teresa Abi-Nader Dahlberg Provost VC Academic Affairs 40.0 X 663137 0 46043 Tracy D Syler-Jones VC Marketing & Communication 40.0 X 356506 0 68255 Willian J Nunez VC Finance & Administration 40.0 X 52974 0 0 Yohna J Chambers VC Human Resources 40.0 X 319745 0 48285 Bryan C Lucas Chief Technology Officer 40.0 X 328748 0 116164 Cheryl L Kennon Assoc. VC & Controller 40.0 X 250710 0 43297 James R Hille Chief Investment Officer 40.0 X 994636 0 55453 Jason R Safran Chief Investment Officer 40.0 X 553867 0 62719 Jeremiah Donati Athletic Director 40.0 X 952243 0 117461 Todd S Waldvogel Assoc. VC Facilities & Campus Planning 40.0 X 245723 0 22111 Gary A Patterson Head Football Coach 40.0 X 17052497 0 151904 James P Dixon Mens Basketball Coach 40.0 X 3752787 0 55560 Jennifer R Pebley Head Coach Basketball Women 40.0 X 755583 0 110287 Kirk C Saarloos Head Baseball Coach 40.0 X 829463 0 56321 Stuart D Flynn Dean of the Medical School 40.0 X 870215 0 80299 Kimberly K Adams Former Assoc. VC & Controller 40.0 X 199157 0 133689 Raymond Nowell Donovan Former Provost VC Academic Affairs 40.0 X 250571 0 64854 32089998 0 2097335 670 true true false SODEXO INC & AFFILIATES PO BOX 536922 ATLANTA GA 30353 DINING SERVICES 20807212 TURNER CONSTRUCTION COMPANY 10100 N CENTRAL EXPY SUITE 600 DALLAS TX 75231 CONSTRUCTION SRVS 9834923 HUNT CONSTRUCTION GROUP 13355 NOEL ROAD FOURTH FL DALLAS TX 75240 CONSTRUCTION SRVS 2894667 LINBECK GROUP LLC 1263 W ROSEDALE SUITE 202 FORT WORTH TX 76104 CONSTRUCTION SRVS 2404102 BLACKMON-MOORINGBMS CAT LLC 5718 AIRPORT FREEWAY HALTOM CITY TX 76117 CLEANING SRVS 2400532 90 0 45722 320947 0 38120188 101685412 9149767 140172269 TUITION AND FEES 611310 587500428 587500428 0 0 RESIDENTIAL ADMINISTRATION 611710 43405474 43405474 0 0 DINING SERVICES 611710 27978991 27978991 0 0 ATHLETICS AND CAMPUS REC 611710 62080227 61628038 452189 0 UNIVERSITY BOOKSTORE 611710 1494475 1494475 12322987 12302244 20743 0 734782582 57186764 7133 57179631 0 0 15380468 15380468 933405 385841 933405 385841 1319246 0 0 1319246 1583178000 436000 1365168209 2408211 218009791 -1972211 216037580 0 4858042 211179538 297178 320947 280960 16218 0 16218 0 0 0 0 0 0 214471 89373 125098 0 0 125098 BRITE ADMINISTRATION MAINTENANCE FEE 611710 1140312 0 0 1140312 ANNUITY INCOME 611710 848472 0 0 848472 ALUMNI EVENTS 611710 153996 0 0 153996 1110963 0 0 1110963 3253743 1168273968 734309650 5338107 288453942 50000 50000 262795855 262795855 81973 81973 0 0 13074438 1371556 11022009 680873 0 0 0 0 245957325 221361571 17482093 7113661 17795981 15479447 1692903 623631 41974834 36369269 4163066 1442499 16343350 14009273 1754897 579180 0 0 0 0 957215 152349 783702 21164 351902 6000 345902 0 1253 0 1253 0 218436 218436 55886355 0 55886355 0 33435336 31182827 1795412 457097 3228176 1595520 1631548 1108 20486892 18904976 1157924 423992 4941446 3720969 1182021 38456 0 0 0 0 26279953 24059964 2193241 26748 21763277 20060915 1135249 567113 0 0 0 0 1164425 944176 187989 32260 30061197 24919957 5138514 2726 0 0 0 0 75309470 68546237 5985738 777495 5012742 4760933 246275 5534 DUES AND SUBSCRIPTIONS 7162400 6523837 583214 55349 FOOD SERVICES 18303990 17557743 555014 191233 INSTR., RESEARCH, & LAB 2694063 2634625 54341 5097 INDIRECT COSTS 1484696 1484696 0 0 11327157 5240119 6001473 85565 918144137 783814787 120980133 13349217 32065290 16181187 43273714 38636107 26178293 36206903 0 0 0 0 923288 872080 3150278 5973218 2145582093 749865527 1457490043 1395716566 767561146 825429491 1516326937 1794949922 0 89262513 136145996 3936231502 4250111470 86111596 86604593 22398289 40141095 173933124 165609720 0 0 711874485 711983656 142134287 99673320 1136451781 1104012384 1733050140 1935242055 1066729581 1210857031 2799779721 3146099086 3936231502 4250111470 X 250129831 74461868 21727666 X false true X true true true X 78076337 74990745 64133685 54519628 102052081 373772476 0 0 0 0 0 0 0 0 0 0 0 0 78076337 74990745 64133685 54519628 102052081 373772476 18231238 355541238 56448128 55470941 51672268 57028937 73879345 294499619 0 0 0 0 4582007 4582007 574832 720147 534867 355465 511649 2696960 675551062 3255398038 0.5263 0.5668 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - FUND RAISING & SALES, COLUMN A - 574832.0, COLUMN B - 720147.0, COLUMN C - 534867.0, COLUMN D - 355465.0, COLUMN E - 511649.0, COLUMN F - 2696960.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 1253 1253 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY THIS ORGANIZATION PAID MEMBERSHIP DUES TO THE INDEPENDENT COLLEGES AND UNIVERSITIES OF TEXAS (ICUT) OF $ 123,003 AND THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (NAICU) IN THE AMOUNT OF $17,900 DURING THE FISCAL YEAR. OF THE AMOUNT PAID TO NAICU, 7% OF THESE DUES WERE ATTRIBUTABLE TO LOBBYING EFFORTS, OR $ 1,253. OF THE AMOUNT THAT WAS PAID TO ICUT, NO DUES WERE SPECIFICALLY ALLOCATED TO LOBBYING COSTS. 91225 3931607 X X false 2001835819 52191533 464341855 19080345 58570556 0 2440718306 1584157954 16060699 474999867 17462819 55919882 0 2001835819 1620663695 19415827 14685921 15569518 55037971 0 1584157954 1595947026 16922168 76856639 14701948 54360190 0 1620663695 1471789593 15574425 176446720 13427659 54436053 0 1595947026 0.5262 0.2273 0.2465 true false 2441198 101565617 104006815 1707644113 520798952 1186845161 207708802 158116020 49592782 126222363 70950555 55271808 1395716566 FUNDS HELD IN TRUST BY OTHERS 93662367 F LIMITED PARTNERSHIPS 1550767925 F HEDGE FUNDS 150519630 F 1794949922 FUNDS HELD IN TRUST 16542889 GOVERNMENT LOANS 5285813 POST RETIREMENT BENEFITS 48118031 INTEREST RATE SWAP LIABILITY 15169934 RIGHT OF USE LIABILITY 14556653 99673320 X 960976315 74461868 16379849 -242623347 -151781630 1112757945 55516023 55516023 1168273968 614658950 16379849 370333 16750182 597908768 320235369 320235369 918144137 Schedule D, Part III, Line 4 Collections of art - description of collections TCU'S FINANCIAL STATEMENT FOOTNOTES STATE THE FOLLOWING WITH REGARD TO COLLECTIONS OF ART, HISTORICAL TREASURES, OR OTHER SIMILAR ASSETS: CONTRIBUTIONS OF ART ARE GENERALLY NOT RECORDED ON THE BOOKS OF THE UNIVERSITY WHEN RECEIVED, UNLESS A READILY DETERMINABLE FAIR VALUE IS AVAILABLE AT THE DATE OF GIFT. THE SPEAKER JIM WRIGHT COLLECTION, WHICH WAS DONATED TO THE UNIVERSITY IN 1989 AND CONSISTS OF 1,074 LINEAR FEET OF PAPERS, PHOTOGRAPHS, AUDIOVISUAL MATERIAL, BOOKS, AND MEMORABILIA, DOCUMENTS THE POLITICAL CAREER OF THE FORMER SPEAKER OF THE HOUSE. THE COLLECTION ALLOWS RESEARCH IN THE AREAS OF HISTORY AND POLITICAL SCIENCE BY STUDENTS, FACULTY, AND OTHER SCHOLARS. TCU ALSO HOLDS A COLLECTION OF ANDY WARHOL PHOTOGRAPHY, WHICH WAS DONATED TO THE UNIVERSITY IN MAY OF 2008 BY THE WARHOL FOUNDATION IN NEW YORK, NY. 152 ANDY WARHOL PRINTS WERE PROVIDED TO TCU BY THE ANDY WARHOL PHOTOGRAPHIC LEGACY PROGRAM, AND THIS COLLECTION IS HELD IN THE SCHOOL OF ART AND ART HISTORY. THE OSCAR E. MONNIG METEORITE COLLECTION WAS CATALOGED BY THE AMERICAN METEORITE LABORATORY, DENVER, COLORADO, AND WAS DONATED TO TEXAS CHRISTIAN UNIVERSITY FROM 1978 TO 1986 AND WAS OPENED FOR THE PUBLIC ON FEBRUARY 1, 2003. THE COLLECTION CONTAINS OVER 2,300 DIFFERENT METEORITES. THIS COLLECTION PROVIDES EDUCATION TO STUDENTS BY PROVIDING OPPORTUNITIES TO EXPLORE THE MYSTERIES OF METEORITES. STUDENTS CAN LEARN HOW TO IDENTIFY A METEORITE, EXPERIENCE A HANDS-ON ENCOUNTER WITH DIFFERENT TYPES OF METEORITES, AND CREATE THEIR OWN TERRESTRIAL IMPACT CRATER. Schedule D, Part V, Line 4 Intended uses of endowment funds THE UNIVERSITY HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. THE UNIVERSITY'S ENDOWMENT CONSISTS OF INDIVIDUAL ENDOWMENT FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. ENDOWMENT FUNDS PRIMARILY SUPPORT THE UNIVERSITY'S UNRESTRICTED SUPPORT, RESEARCH AND EDUCATION PROGRAMS, SCHOLARSHIPS, ENDOWED CHAIRS, PROPERTY AND EQUIPMENT, AND OTHER PROGRAMS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote TCU'S FINANCIAL STATEMENT FOOTNOTES STATE THE FOLLOWING WITH REGARD TO THE LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER ASC 740: THE UNIVERSITY IS A TAX-EXEMPT INSTITUTION UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE OF 1986 (IRC), AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE IRC. THE UNIVERSITY HAS CONCLUDED THAT IT DOES NOT HAVE ANY UNRECOGNIZED TAX BENEFITS RESULTING FROM CURRENT OR PRIOR PERIOD TAX POSITIONS. ACCORDINGLY, NO ADDITIONAL DISCLOSURES HAVE BEEN MADE ON THE FINANCIAL STATEMENTS REGARDING UNCERTAIN TAX PROVISIONS. AS OF MAY 31, 2022, THE UNIVERSITY'S TAX YEARS ENDED MAY 31, 2019 THROUGH 2022, GENERALLY, REMAIN SUBJECT TO EXAMINATION. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 STUDENT FINANCIAL AID - -XXX-XX-XXXX POST RETIREMENT BENEFIT ACTUARIAL CHANGE - 21725665 OFFICER COMPENSATION OF CIO AS REDUCTION TO INVESTMENT INCOME - -1553157 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements SPECIAL EVENTS EXPENSES - -280960 TCU PRESS CGS - -89373 INVESTMENT FEES, GROSS UP - 55886355 ROUNDING - 1 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 TCU PRESS CGS - 89373 SPECIAL EVENTS EXPENSES - 280960 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements STUDENT FINANCIAL AID - XXX-XX-XXXX INVESTMENT FEES, GROSS UP - 55886355 OFFICER COMPENSATION OF CIO AS REDUCTION TO INVESTMENT INCOME - 1553157 ROUNDING - 2 true true false true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY TCU prohibits discrimination and harassment on the basis of age, race, color, religion, sex (including sexual harassment and sexual violence), sexual orientation, gender, gender identity, gender expression, national origin, ethnic origin, disability, genetic information, covered veteran status and any other basis protected by law, in the University's programs and activities. TCU publishes its nondiscriminatory policy on websites, in brochures, catalogues, and other written communications available to the public that address employment, student admission policies, programming activities, and scholarship selection. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT TEXAS CHRISTIAN UNIVERSITY FUNCTIONS AS AN ADMINISTRATOR FOR FEDERAL GRANT-SUPPORTED PROJECTS AND VARIOUS FORMS OF FEDERAL FINANCIAL AID GRANTED OR AWARDED TO STUDENTS ATTENDING THE UNIVERSITY. true Central America and the Caribbean 0 0 Program Services research, networking, professional services 144995 East Asia and the Pacific 0 0 Program Services remote instruction, professional services, conferences, translation services 51991 Europe (Including Iceland and Greenland) 0 0 Program Services conferences, professional fees, study abroad, remote instruction, translation services, recruiting, athletic competition, research 1165582 North America (Canada & Mexico only) 0 0 Program Services conferences, professional fees, remote instruction, research 36908 South America 0 0 Program Services professional services, translation services, research 50740 South Asia 0 0 Program Services recruiting, professional services 20160 Russia and Neighboring States 0 0 Program Services translation services 17907 Sub-Saharan Africa 0 0 Program Services translation services, research, study abroad, documentary film-making 15809 Central America and the Caribbean 0 0 Investments 572173328 Europe (Including Iceland and Greenland) 0 0 Investments 26654977 North America (Canada & Mexico only) 0 0 Investments 17063802 Sub-Saharan Africa 0 0 Grantmaking 81973 Middle East and North Africa 0 0 Program Services research, athletic competition 10184 0 0 0 0 0 0 617488356 0 617488356 Sub-Saharan Africa WILDLIFE CONSERVATION PROGRAMS 81973 WIRE TRANSFER 0 N/A N/A 1 0 true false true true true false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF ITS GRANTS AND OTHER ASSISTANCE OUTSIDE THE UNITED STATES: ALL SUBAWARD PAYMENTS OF GRANTS FOREIGN OR DOMESTIC MUST BE ACCOMPANIED BY A SUBAWARD AGREEMENT. EACH SUBRECIPIENT IS REVIEWED TO ENSURE THE COMMITMENT TO PARTICIPATE IN THE PROJECT AND ABIDE BY ALL OF THE ASSOCIATED TERMS AND CONDITIONS. A SIGNED SUBAWARD AGREEMENT MUST BE RECEIVED BEFORE ANY DISTRIBUTIONS TO A SUBRECIPIENT ARE MADE. THE SUBAWARD AGREEMENT CONTAINS 1) GENERAL TERMS AND CONDITIONS 2) PRIMARY CONTACT INFORMATION BY RESPONSIBILITY 3) REPORTING REQUIREMENTS 4) SCOPE OF WORK AND BUDGET ALL GRANT SPONSORED DISBURSEMENTS ARE REVIEWED BY THE PRINCIPAL INVESTIGATOR OF THE GRANT TO ENSURE THE INVOICES ARE IN ACCORDANCE WITH THE REQUIREMENTS OF THE GRANT/SUBAWARD. THE PRINCIPAL INVESTIGATOR IS REQUIRED TO APPROVE EACH INVOICE TO ACKNOWLEDGE THEIR REVIEW OF ANY REQUIRED TECHNICAL PROGRESS REPORTS AND/OR SATISFACTORY PERFORMANCE BY THE SUBRECIPIENT. ALL GRANT SPONSORED INVOICES ARE REVIEWED AND APPROVED BY RESEARCH GRANT ACCOUNTING BEFORE BEING SUBMITTED TO THE ACCOUNTS PAYABLE DEPARTMENT FOR PROCESSING. AFTER THE ACCOUNTS PAYABLE DEPARTMENT REVIEWS THE INVOICE TO ENSURE VENDOR IS PAID IN ACCORDANCE WITH VARIOUS GUIDELINES, RULES AND PROCEDURES, THE ACCOUNTS PAYABLE DEPARTMENT WILL ENTER THE INVOICE INFORMATION INTO THE AP SYSTEM AND WILL REVIEW THE INVOICE TO ENSURE THAT APPROPRIATE APPROVAL SIGNATURES ARE INCLUDED ON THE INVOICE. Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; RUSSIA AND NEIGHBORING STATES-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual Schedule F, Part II, Line 1 Method used to account for expenditures on org's financial statements SUB-SAHARAN AFRICA-Accrual X X X X X X X true ZURI GROUP 328 NW Bond Street Suite 200 Bend OR 97703 FUND RAISING STRATEGY false 0 15000 -15000 MELICHAR CONSULTING 233 POTEET PLACE FRANKLIN TN 37064 ADVANCEMENT CONSULTING false 0 19118 -19118 MARTS AND LUNDY 160 Chubb Avenue Suite 303 LYNDHURST NJ 07071 STRATEGIC PLANNING false 0 28271 -28271 DIFFSTRAT COMPANY 3950 River Ridge Drive NE Suite A CEDAR RAPIDS IA 52402 ADVANCEMENT CONSULTING false 0 49850 -49850 EAB 1920 EAST PARNHAM ROAD RICHMOND VA 23228 ADVANCEMENT CONSULTING false 0 71534 -71534 GENEROUS CHANGE LLC 2559 ALABAMA STREET LAWRENCE KS 66046 ADVANCEMENT CONSULTING false 0 14400 -14400 WASHBURN AND MCGOLDRICK LLC 24 N BRYN MAWR 252 BRYN MAWR PA 19010 ADVANCEMENT CONSULTING false 0 20263 -20263 0 218436 -218436 CA CO CT DE DC FL GA AL HI ID IL IN IA KS KY LA ME AK MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA AZ RI SC SD TN TX UT VT VA AR WA WV WI WY HFC GOLF TOURNAMENT 280170 147885 132285 0 0 0 53850 0 80047 KPTA SPECIAL EVENT 278990 214381 64609 0 0 0 29224 0 7979 4 155914 55630 100284 0 0 0 59191 0 50669 715074 417896 297178 0 0 0 142265 0 138695 280960 16218 true FORT WORTH CHAMBER OF COMMERICE 777 TAYLOR STREET SUITE 900 FORT WORTH TX 76102 720275060 501(C)(6) 50000 0 N/A NONE ECONOMIC DEVELOPMENT GRANT 0 1 FINANCIAL AID EXPENSE 5969 219491108 0 N/A NONE GRADUATE FINANCIAL AID 1491 26746395 0 N/A NONE GRANTS IN AID 467 5870219 0 N/A NONE STIPENDS 756 7005900 0 N/A NONE TUITION EQUALIZATION GRANTS 958 3682233 0 N/A NONE Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. By institutional policy, TCU's office of scholarship and financial aid acts as the final approval authority for all financial aid eligibility determination. Each student's award package is reviewed to ensure compliance with applicable regulatory requirements, and in the case of restricted institutional funds, with the donor's intent and wishes. Academic scholarship eligibility is based on a scoring matrix that evaluates an individual student's success using national test scores, high school GPA, and rigor of curriculum. Those who have excelled academically are generally given the largest share of university funded dollars. Institutionally funded need-based financial aid programs are based on eligibility established by use of an Institutional Methodology, with family financial information submitted to the CSS Profile. The financial aid office also works closely with the donor relations division of university advancement to ensure that our donors' wishes are met when matching funds to students. All donors of endowed awards are provided with a "scholarship agreement" outlining the university's understanding of the donor's intent. These agreements must be approved by both the director of financial aid, and the vice-chancellor for advancement, to ensure that the university has the capability to identify appropriate recipients. In addition to institutionally funded grants and scholarships, TCU manages and accepts fiduciary responsibility for a variety of federal and state funded financial aid programs. Eligibility for all federal and state funded financial aid is based solely on the results of the FAFSA, using required Federal Methodology. Prior to disbursement, each recipient must pass a variety of edit checks, or "disbursement rules" to ensure that the student is enrolled in classes and has submitted all required documentation needed to satisfy program eligibility. After disbursement, student aid recipients are reviewed at the end of the 100% tuition refund period for a final enrollment status determination. Students who received aid based on projected full-time enrollment, but who have dropped below 12 credit hours, are subject to an adjustment of their aid package. At the end of the 25%, and final refund period, students are again reviewed and subject to aid adjustment based on final costs for the term. Aid recipients are monitored on a regular basis throughout the academic year. Files are reviewed weekly to identify updated FAFSA and Profile applications, and adjustments are made when required. Reports are submitted to the Texas higher education coordinating board periodically for review of state aid recipients, and the university is subject to periodic audits and reviews from both entities. Academic success is the ultimate goal of all aid programs, and satisfactory academic progress is reviewed at the end of each term. At a minimum, full-time students are required to complete at least 75% of attempted hours and obtain a 2.00 GPA to meet renewal requirements. Most TCU funded awards require a minimum GPA of 2.50. Academic scholarships require a 3.25 GPA. Once posted to student accounts, the office of student financial services also monitors award amounts in relation to specific charges. Award amounts that appear to be out of norm are referred back to the financial aid office for review. X X X X X false true X X X X X X true true false false false false false true true true Victor J Boschini Jr Chancellor 1309512 0 0 0 461956 0 378992 0 173015 0 2323475 0 275000 0 Brian G Gutierrez VC Finance & Administration 617752 0 0 0 60212 0 101033 0 35210 0 814207 0 0 0 Donald J Whelan Jr VC University Advancement 582229 0 0 0 59464 0 42700 0 32445 0 716838 0 0 0 Teresa Abi-Nader Dahlberg Provost VC Academic Affairs 633429 0 0 0 29708 0 23200 0 22843 0 709180 0 0 0 Tracy D Syler-Jones VC Marketing & Communication 326976 0 0 0 29530 0 42700 0 25555 0 424761 0 0 0 Kathryn M Cavins Tull VC Student Affairs 330238 0 0 0 35073 0 42200 0 24981 0 432492 0 0 0 Yohna J Chambers VC Human Resources 278125 0 0 0 41620 0 23017 0 25268 0 368030 0 0 0 Jean M Pickett Board Secretary 197765 0 0 0 7235 0 22083 0 11974 0 239057 0 0 0 Jeremiah Donati Athletic Director 816599 0 44500 0 91144 0 84950 0 32511 0 1069704 0 0 0 James R Hille Chief Investment Officer 385300 0 336924 0 272412 0 34575 0 20878 0 1050089 0 173753 0 Jason R Safran Chief Investment Officer 375371 0 107925 0 70571 0 29200 0 33519 0 616586 0 0 0 Bryan C Lucas Chief Technology Officer 320786 0 0 0 7962 0 82645 0 33519 0 444912 0 0 0 Cheryl L Kennon Assoc. VC & Controller 245849 0 0 0 4861 0 19915 0 23382 0 294007 0 0 0 Todd S Waldvogel Assoc. VC Facilities & Campus Planning 237586 0 0 0 8137 0 19128 0 2983 0 267834 0 0 0 Gary A Patterson Head Football Coach 4843382 0 0 0 12209115 0 41075 0 110829 0 17204401 0 0 0 James P Dixon Mens Basketball Coach 3374013 0 0 0 378774 0 23200 0 32360 0 3808347 0 0 0 Stuart D Flynn Dean of the Medical School 786909 0 0 0 83306 0 41692 0 38607 0 950514 0 0 0 Kirk C Saarloos Head Baseball Coach 743120 0 7500 0 78843 0 23200 0 33121 0 885784 0 0 0 Jennifer R Pebley Head Coach Basketball Women 666289 0 5000 0 84294 0 23200 0 87087 0 865870 0 0 0 Kimberly K Adams Former Assoc. VC & Controller 198178 0 0 0 979 0 16232 0 117457 0 332846 0 0 0 Raymond Nowell Donovan Former Provost VC Academic Affairs 230988 0 0 0 19583 0 37814 0 27040 0 315425 0 0 0 Schedule J, Part I, Line 1a First-class or charter travel CHARTER TRAVEL WAS PROVIDED TO CHANCELLOR VICTOR BOSCHINI, VICE CHANCELLORS, ATHLETIC DIRECTOR, AND COACHES FOR PURPOSES OF TRAVEL TO CERTAIN ATHLETIC EVENTS AS APPROVED. CHARTER TRAVEL WAS PROVIDED TO CHANCELLOR BOSCHINI AND VICE CHANCELLORS FOR DONOR VISITS, VISITS TO OTHER UNIVERSITIES, AND FUNERAL SERVICES FOR UNIVERSITY CONSTITUENTS, AS APPROVED. SOCIAL CLUB DUES AND INITIATION FEES WERE PROVIDED IN ACCORDANCE WITH EMPLOYMENT CONTRACTS OR APPROVAL BY THE CHANCELLOR IN ACCORDANCE WITH THE PERSON'S POSITION. THE VICE CHANCELLOR FOR FINANCE AND ADMINISTRATION AND THE INTERIM ASSOCIATE VICE CHANCELLOR AND CONTROLLER REVIEW THE CHANCELLOR'S EXPENSES. OTHER BENEFITS LISTED IN LINE 1A WERE PROVIDED FOLLOWING WRITTEN POLICIES AND EMPLOYMENT CONTRACTS. Schedule J, Part I, Line 1a Travel for companions TRAVEL FOR COMPANIONS WAS PROVIDED TO JAMES P. DIXON II AND JENNIFER RAEGAN PEBLEY, AND WAS TAXED TO THEM AS A PERSONAL FRINGE BENEFIT. Schedule J, Part I, Line 1a Housing allowance or residence for personal use TCU PROVIDES THE CHANCELLOR WITH A HOUSE AND REQUIRES HIM TO USE IT AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE UNIVERSITY. THEREFORE, NO COMPENSATION HAS BEEN INCLUDED FOR SUCH USE. AN INDEPENDENT THIRD PARTY WAS ENGAGED TO VALUE THE HOUSING BENEFIT OF THE RESIDENCE; THE ESTIMATED THE VALUE OF THE BENEFIT IS $140,979. Schedule J, Part I, Line 1a Health or social club dues or initiation fees SOCIAL CLUB DUES WERE PROVIDED FOR VICTOR BOSCHINI, KATHRYN CAVINS TULL, JAMES P. DIXON, JEREMIAH DONATI, STUART FLYNN, JAMES HILLE, GARY PATTERSON, JENNIFER RAEGAN PEBLEY, KIRK SAARLOOS, AND DONALD WHELAN. THE PERSONAL VALUE OF THE CLUB DUES WAS TAXED AS A PERSONAL FRINGE BENEFIT. SOCIAL CLUB DUES FOR BUSINESS PURPOSES WERE PROVIDED FOR TERESA ABI-NADER DAHLBERG AND JASON R. SAFRAN. Schedule J, Part I, Line 1a Personal services THE CHANCELLOR RECEIVES LIMITED PERSONAL HOUSEKEEPING SERVICES AND WAS TAXED AS A PERSONAL FRINGE BENEFIT FOR THE VALUE OF THE PERSONAL SERVICES. Schedule J, Part I, Line 1b Written policy regarding payment or reimbursement of expenses CHARTER TRAVEL AND SOCIAL CLUB DUES ARE APPROVED IN ACCORDANCE WITH THE PERSON'S POSITION. THE VICE CHANCELLOR FOR FINANCE AND ADMINISTRATION AND THE INTERIM ASSOCIATE VICE CHANCELLOR AND CONTROLLER REVIEW THE CHANCELLOR'S EXPENSES. OTHER BENEFITS LISTED IN LINE 1A WERE PROVIDED FOLLOWING WRITTEN POLICIES AND EMPLOYMENT CONTRACTS. Schedule J, Part I, Line 4a Severance or change-of-control payment GARY PATTERSON RECEIVED A LUMP SUM SERARATION PAYMENT OF $11,449,656 DURING 2021. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan $336,292 IN DEFERRED COMPENSATION WAS ACCRUED DURING 2021 AS PART OF THE ARRANGEMENT FOR THE FISCAL YEAR ENDING 5/31/2022 FOR VICTOR BOSCHINI. $25,000 WAS PAID OUT ON 06-30-21, AND $210,000 WILL BE PAYABLE AS OF 05/31/22. THE REMAINING BENEFIT OF $101,292 WILL BE PAID OUT AS OF 05/31/24, IF HE IS STILL EMPLOYED AS CHANCELLOR. $345,331 IN PREVIOUSLY EARNED DEFERRED COMPENSATION WAS PAID TO VICTOR BOSCHINI DURING 2021. PAYMENT OF THIS AMOUNT IS INCLUDED IN OTHER REPORTABLE COMPENSATION IN 2021. THE ACCRUAL OF $275,000 OF THIS AMOUNT WAS REPORTED IN FORM 990 IN PRIOR YEARS. $58,333 IN DEFERRED COMPENSATION WAS ACCRUED BUT NOT PAID DURING 2021 FOR BRIAN GUTIERREZ. THE ACCRUED AMOUNT WAS PAID OUT TO HIM ON 01/03/22, WHEN HE RETIRED FROM THE UNIVERSITY AS VICE CHANCELLOR FOR FINANCE AND ADMINISTRATION. JAMES HILLE RETIRED FROM THE UNIVERISTY ON 07/31/21. HE RECEIVED $336,924 IN INCENTIVE COMPENSATION DURING CALENDAR YEAR 2021; THE PAYMENT IS INCLUDED IN BONUS & INCENTIVE COMPENSATION IN 2021. HE ALSO RECEIVED $182,513 PAYMENT OF PREVIOUSLY EARNED DEFERRED COMPENSATION DURING CALENDAR YEAR 2021; PAYMENT OF THIS AMOUNT IS INCLUDED IN OTHER REPORTABLE COMPENSATION IN 2021. THE ACCRUAL OF $173,753 OF THIS AMOUNT WAS REPORTED IN FORM 990 IN PRIOR YEARS. $59,444 IN DEFERRED COMPENSATION WAS ACCRUED BUT NOT PAID DURING 2021 FOR BRYAN LUCAS. OF THIS TOTAL OF THE ACCRUED AMOUNT, $40,000 WILL BE VESTED AS OF 5/31/2022 IF STILL EMPLOYED AS CHIEF TECHNOLOGY OFFICER; THE REMAINING BALANCE OF $19,444 WILL BE VESTED AS OF 05/31/24. JASON R. SAFRAN BECAME CHIEF INVESTMENT OFFICER UPON JAMES HILLE'S RETIREMENT ON 07/31/21. HE RECEIVED $57,925 PAYMENT IN INCENTIVE COMPENSATION DURING CALENDAR YEAR 2021; THE PAYMENT IS INCLUDED IN BONUS & INCENTIVE COMPENSATION IN 2021. HE ALSO RECEIVED $60,893 PAYMENT OF PREVIOUSLY EARNED DEFERRED COMPENSATION DURING CALENDAR YEAR 2021; PAYMENT OF THIS AMOUNT IS INCLUDED IN OTHER REPORTABLE COMPENSATION IN 2021. NONE OF THESE AMOUNTS HAVE BEEN REPORTED PREVIUOUSLY IN FORM 990 IN PRIOR YEARS. JEREMIAH DONATI ENTERED INTO A DEFERRED COMPENSATION AGREEMENT WITH TCU, AS PART OF HIS ORIGINAL EMPLOYMENT AGREEMENT, IN 2021. $43,750 IN DEFERRED COMPENSATION WAS ACCRUED BUT NOT PAID DURING 2021; THE ACCRUED AMOUNT WILL BE VESTED AS OF 5/31/2023 IF STILL EMPLOYED AS DIRECTOR OF ATHLETICS. Schedule J, Part I, Line 7 Non-fixed payments NON-FIXED PAYMENTS WERE MADE, AS FOLLOWS: JEREMIAH DONATI RECEIVED A $44,500 PERFORMANCE BONUS. JENNIFER RAEGAN PEBLEY RECEIVED A $5,000 PERFORMANCE BONUS. JASON R. SAFRAN RECEIVED A $50,000 PERFORMANCE BONUS. KIRK C. SAARLOOS RECEIVED A $7,500 PERFORMANCE BONUS. Schedule J, Part I, Line 8 Payments on contract that is subject to the initial contract exception KIRK C. SAARLOOS WAS PROMOTED TO MEN'S HEAD BASEBALL COACH IN 2021 AND ENTERED INTO A CONTRACT WITH TCU IN 2021, WHICH WAS THE FIRST CONTRACT THAT HE SIGNED WITH TCU. HE WAS STILL UNDER THAT CONTRACT IN 2021. A RED RIVER EDUCATION FINANCE CORPORATION S2006 752791247 756872DU8 2006-02-15 80000000 TO FINANCE CAMPUS CONSTRUCTION false false false B RED RIVER EDUCATION FINANCE CORPORATION S2013 752791247 756872JC2 2013-09-19 103111809 TO FINANCE CAMPUS CONSTRUCTION true false false C RED RIVER EDUCATION FINANCE CORPORATION S2016A 752791247 756872KS5 2016-01-28 37602546 TO REFUND SERIES 2007 BONDS false false false D RED RIVER EDUCATION FINANCE CORPORATION S2016 752791247 000000000 2016-01-29 35250000 TO REFUND SERIES 2006A BONDS false false false A 0 0 83903941 0 3227336 0 348933 0 0 80327672 0 0 2008 false false true true B 12131019 88455000 103121019 0 0 0 901243 0 0 102219776 0 0 2016 false false true true C 7075437 0 37602546 0 0 0 455737 0 0 0 37146809 0 false true true true D 10485000 0 35250000 0 0 0 274973 0 0 0 34975027 0 true false true true A false false false false 0.0 0.0 0.0 false false true B false false false false 0.0 0.0 0.0 false false true C false false false false 0.0 0.0 0.0 false false true D false false false false 0.0 0.0 0.0 false false true A false false true true true true Merrill Lynch Capital Services 30.0 false false true Bayerische Landesbank 1.6 true false true B false false false true false false false false true C false true false false false false false true D false false false true false false false false true A true B true C true D true Schedule K, Part II, Line 3 PROCEEDS OF ISSUE - SCHEDULE K, PART II, LINE 3: TOTAL PROCEEDS OF ISSUES DIFFERS FROM ISSUE PRICE AS A RESULT OF UNSPENT BOND PROCEEDS GENERATING INVESTMENT INCOME. INVESTMENT INCOME WAS ADDED TO THE ISSUE PRICE TO ARRIVE AT TOTAL PROCEEDS. Schedule K, Part III PRIVATE BUSINESS USE - SCHEDULE K, PART III: TCU HAS ELECTED TO USE PRIVATE FUNDING OR ITS OWN FUNDING FOR ANY PORTION OF THE FACILITIES WHERE PRIVATE BUSINESS USE MAY OCCUR, LEAVING THE BOND PROCEEDS TO BE USED EXCLUSIVELY FOR THE CONSTRUCTION OF THE REMAINING NON-PRIVATE-USE AREAS. Schedule K, Part IV, Line 2c COLUMN A Issuer name: RED RIVER EDUCATION FINANCE CORPORATION S2006 The calculation for computing no rebate due was performed on 02/27/2008 Schedule K, Part IV, Line 2c COLUMN B Issuer name: RED RIVER EDUCATION FINANCE CORPORATION S2013 The calculation for computing no rebate due was performed on 09/19/2018 Schedule K, Part IV, Line 2c COLUMN D Issuer name: RED RIVER EDUCATION FINANCE CORPORATION S2016 The calculation for computing no rebate due was performed on 05/31/2016 Schedule K, Part IV, Line 2c COLUMN A Issuer name: RED RIVER EDUCATION FINANCE CORPORATION S2017 The calculation for computing no rebate due was performed on 05/31/2020 A RED RIVER EDUCATION FINANCE CORPORATION S2017 752791247 000000000 2017-12-20 31628000 TO REFUND S2010 BONDS false false false A 1301000 0 31628000 0 0 0 171237 0 0 0 31456763 0 false true true true A false false false false 0.0 0.0 0.0 false false true A false false false true false false false false true A true NONE NONE 113845 FINANCIAL AID MERIT SCHOLARSHIPS BUSINESS JET ACCESS TRUSTEE AS OWNER 222847 CHARTER AIR TRAVEL false PROFESSIONAL TURF PRODUCTS TRUSTEE AS OWNER 200321 LANDSCAPING EQUIPMENT false TRENT ASHLEY TULL SPOUSE OF OFFICER 77275 COMPENSATION false X 91225 Market value X 82 8273517 Market value X 3 0 NONE X HORSES 3 785000 Market value X Cryptocurrency 1 25 Market value X PIANO 1 0 NONE 4 false true false Schedule M, Part I EXPLANATIONS OF REPORTING METHOD FOR NUMBER OF CONTRIBUTIONS OTHER, HORSES - NUMBER OF ITEMS CONTRIBUTED SECURITIES, PUBLICLY TRADED - IN PART I, COLUMN B, TCU IS REPORTING THE RECEIPT OF THESE NONCASH CONTRIBUTIONS BASED ON THE NUMBER OF CONTRIBUTIONS, WHICH AT TIMES ALSO EQUALS THE NUMBER OF ITEMS RECEIVED. CRYPTOCURRENCY - NUMBER OF CONTRIBUTIONS SCIENTIFIC SPECIMENS - NUMER OF CONTRIBUTIONS PIANO - NUMBER OF CONTRIBUTIONS BOOKS AND PUBLICATIONS - NUMBER OF CONTRIBUTIONS Schedule M, Part I Explanations of reporting method for number of contributions Other - HORSES NUMBER OF ITEMS CONTRIBUTED Securities - Publicly traded - IN PART I, COLUMN B, TCU IS REPORTING THE RECEIPT OF THESE NONCASH CONTRIBUTIONS BASED ON THE NUMBER OF CONTRIBUTIONS, WHICH AT TIMES ALSO EQUALS THE NUMBER OF ITEMS RECEIVED. Other - Cryptocurrency Cryptocurrency - number of contributions Books and publications - NUMBER OF CONTRIBUTIONS Scientific specimens - NUMBER OF CONTRIBUTIONS Other - PIANO NUMBER OF CONTRIBUTIONS Form 990, Part III, Line 4a "INSTRUCTION AND FINANCIAL AID:" The TCU Neeley School of Business continues to earn national recognition with rankings of distinction, including being named in the Top 25 for Best Undergraduate Business Programs by Poets&Quants for Undergrads as No. 21 in the nation and No. 1 in Texas. Also from Poets&Quants, the TCU Neeley academic experience was ranked No. 7 and No. 16 for career outcomes in the U.S. Based on the school's strength in leadership innovation and alumni satisfaction, TCU Neeley was recognized as one of the "Top 10 Undergraduate Business Schools to Watch in 2022" by Poets&Quants. TCU Neeley was ranked No. 9 for Best Undergraduate School (fewer than 10,000 students) for Entrepreneurial Studies in 2022, according to The Princeton Review and Entrepreneur magazine and was ranked No. 25 for Best Entrepreneurship Program in 2022 by U.S. News & World Report. The MBA program was ranked 8th for Best MBA for Operations in 2023 by The Princeton Review and ranked 2nd for MBA Faculty Quality by The Economist in 2022. Also, Neeley ranked No. 26 in "The World's Best MBA Programs for Entrepreneurship In 2023" by Poets&Quants. The graduate supply chain program received a ranking of18th in North America by Gartner and the undergraduate programs were ranked 17th in 2022. The Executive MBA program is ranked No. 13 in the world, No. 4 in the U.S. and No. 1 in Texas by The Economist. The accounting program is currently ranked No. 20 in the U.S. for undergraduate programs compared to programs of a similar size, and the graduate program was ranked No. 21 for programs in the same size category by the Public Accounting Report. THE BOB SCHIEFFER COLLEGE OF COMMUNICATION OFFERS PROGRAMS IN COMMUNICATION STUDIES, FILM-TELEVISION-DIGITAL MEDIA, JOURNALISM AND STRATEGIC COMMUNICATION. THE COLLEGE'S AWARD-WINNING STUDENT ACTIVITIES INCLUDE: ADVERTISING AND PUBLIC RELATIONS CAMPAIGN TEAMS, KTCU CAMPUS RADIO STATION, NEWS GROUPS AND PUBLICATIONS, SPEECH AND DEBATE TEAM, AND TWO STRATEGIC COMMUNICATION AGENCIES THAT SERVE EXTERNAL (ROXO) AND INTERNAL (SCHIEFFER ASSOCIATES) CLIENTS. THE COLLEGE OF EDUCATION PREPARES EDUCATORS AND LEADERS FOR DIVERSE, GLOBAL EDUCATIONAL SETTINGS THROUGH MEANINGFUL SCHOLARSHIP, PEDAGOGY, AND PRACTICE. DEPARTMENTS HOUSED WITHIN THE COLLEGE INCLUDE THE DEPARTMENT OF TEACHING AND LEARNING SCIENCES, THE DEPARTMENT OF EDUCATIONAL LEADERSHIP & HIGHER EDUCATION, AND THE DEPARTMENT OF COUNSELING, SOCIETAL CHANGE, AND INQUIRY. THE TEACHER PREPARATION PROGRAM HAS BEEN RECOGNIZED FOR EXEMPLARY, CULTURALLY RESPONSIVE TEACHER PREPARATION. STUDENTS IN THIS PROGRAM CHOOSE FROM EARLY CHILDHOOD TO SIXTH GRADE EDUCATION, MIDDLE SCHOOL EDUCATION, OR SECONDARY EDUCATION WITH A VARIETY OF CONCENTRATIONS AND CERTIFICATION AREAS. THE COLLEGE BOASTS A NEARLY 100 PERCENT TEACHER PLACEMENT RATE AND NEAR 100 PERCENT PASS RATE ON STATE CERTIFICATION EXAMS. AMONG NON-TEACHER CERTIFICATION UNDERGRADUATE PROGRAMS, STUDENTS CHOOSE FROM YOUTH ADVOCACY OR INTERDISCIPLINARY STUDIES. ADVANCED DEGREES ARE OFFERED IN CURRICULUM AND INSTRUCTION, COUNSELING, SPECIAL EDUCATION, EDUCATIONAL LEADERSHIP, HIGHER EDUCATION, AND SCIENCE EDUCATION. TCU IS THE ONLY UNIVERSITY IN THE NATION WITH TWO ON-CAMPUS SPECIAL EDUCATION LABORATORY SCHOOLS, STARPOINT AND KINDERFROGS SCHOOL. The College of Fine Arts at TCU is guided by our mission to prepare the next generation of creative leaders in the arts and champion the value of the arts as essential for learning and living in a global society. We combine creative excellence with a strong liberal arts education to prepare our graduates for careers and tangible experiences beyond the fundamentals of the classroom. Our students, faculty, and alumni are deeply invested in the Fort Worth community supporting collaborations with local school districts and professional arts organizations that include the Amon Carter Museum, The Cliburn, Fort Worth Symphony Orchestra, Fort Worth Opera, Kimbell Museum, Modern Art Museum of Fort Worth, and the Texas Ballet Theater. These partnerships cultivate important relationships and experiences that reinforce our mission to equip future creative leaders for success. The John V. Roach Honors College is a learning community of approximately 1200 students of excellence who seek to embody the University's core mission: to educate individuals to "think and act as ethical leaders and responsible citizens in the global community." By honoring the complexities of knowledge in all realms of learning, including the quest to discover one's own mind and voice, the Honors College prepares students for the world. Honors students enjoy small classes that promote high levels of inquiry, engagement, and feedback along with unparalleled opportunities for faculty-mentored research - projects that frequently become platforms for post-undergraduate work. An Honors-enriched TCU education is truly transformative: enriching students' knowledge within and beyond their majors, strengthening their commitments to intellectual honesty, courage, and dialogue, and empowering them to be agents of respectful deliberation and positive change. Form 990, Part III, Line 4c "AUXILIARY ACTIVITIES:" TEXAS CHRISTIAN UNIVERSITY OPERATES AUXILIARY ACTIVITIES THAT EXIST TO FURNISH GOODS OR SERVICES TO STUDENTS, FACULTY, AND STAFF, AND THAT CHARGE A FEE DIRECTLY RELATED TO, ALTHOUGH NOT NECESSARILY EQUAL TO, THE COST OF THE GOODS OR SERVICES. AUXILIARY ACTIVITIES AT TEXAS CHRISTIAN UNIVERSITY CONSIST PRIMARILY OF RESIDENCE HALLS, DINING SERVICES, CONFERENCE SERVICES, THE UNIVERSITY BOOKSTORE, TCU PRESS, EXECUTIVE EDUCATIONAL PROGRAMS, AND MUSIC PREPARATORY PROGRAMS. TEXAS CHRISTIAN UNIVERSITY IS PRIMARILY A RESIDENTIAL CAMPUS, WITH ALMOST ONE HALF OF THE UNDERGRADUATE POPULATION LIVING ON CAMPUS. Form 990, Part III, Line 4b "STUDENT SERVICES:" TEXAS CHRISTIAN UNIVERSITY OFFERS STUDENT SERVICES, AND THE PRIMARY PURPOSE IS TO CONTRIBUTE TO THE STUDENT'S EMOTIONAL AND PHYSICAL WELL-BEING AND TO HIS OR HER INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT OUTSIDE THE CONTEXT OF THE FORMAL INSTRUCTION PROGRAM. STUDENT SERVICES CONSISTS PRIMARILY OF INTERCOLLEGIATE ATHLETICS, THE HEALTH AND COUNSELING CENTER, OFFICE OF ADMISSIONS, REGISTRAR, STUDENT DEVELOPMENT SERVICES, CAREER CENTER, CAMPUS LIFE, CAMPUS RECREATION, CAMPUS MINISTRY, STUDENT GOVERNMENT, STUDENT ACTIVITIES, COMMUNITY INVOLVEMENT, INTERCULTURAL AND OUTREACH SERVICES, I.D. CARD OFFICE, AND ORIENTATION. Form 990, Part III, Line 4d FORM 990, PART III, LINE 4D: ALL OTHER PROGRAM SERVICES INCLUDES RESEARCH AND ACADEMIC SUPPORT. RESEARCH CONSISTS OF EXPENDITURES FOR RESEARCH AND DEVELOPMENT ACTIVITIES THAT ARE FUNDED BY GRANTS OR CONTRACTS FROM FEDERAL, STATE OR LOCAL GOVERNMENTS, FOUNDATIONS OR OTHER OUTSIDE PARTIES. ACADEMIC SUPPORT CONSISTS OF THE OPERATION OF THE UNIVERSITY'S CENTRAL LIBRARY SYSTEM, WRITING CENTER, INSTRUCTIONAL AND ACADEMIC SERVICES, THE LABORATORY SCHOOL FOR LEARNING DISABLED STUDENTS, EARLY CHILDHOOD EDUCATION PROGRAMS, ACADEMIC AFFAIRS, AND THE OPERATION OF TECHNOLOGY RESOURCES FOR THE CAMPUS COMMUNITY. THE CENTRAL LIBRARY SYSTEM OFFERS STUDENTS AND FACULTY ACCESS TO OVER 2 MILLION BOOKS AND AUDIO-VISUAL MATERIALS, AND A NUMBER OF COLLECTIONS. Form 990, Part III, Line 4a 'INSTRUCTION AND FINANCIAL AID" THE MISSION OF THE ADDRAN COLLEGE OF LIBERAL ARTS IS TO ADVANCE LIFE-LONG LEARNING AND DISCOVERY IN THE HUMANITIES, LANGUAGES, AND SOCIAL SCIENCES TO ENHANCE OUR SOCIETY, ELEVATE THE HUMAN CONDITION, AND DEVELOP ETHICAL LEADERS. PROFESSIONAL AND PRE-PROFESSIONAL CURRICULA ARE DELIVERED THROUGH 13 ACADEMIC DEPARTMENTS AND INTERDISCIPLINARY INITIATIVES, INCLUDING, THE CENTER FOR DIGITAL EXPRESSION, THE CENTER FOR TEXAS STUDIES, THE CENTER FOR URBAN STUDIES, AND THE CENTER FOR LANGUAGES AND CULTURES. TCU STARTED A NEW ALLOPATHIC MEDICAL SCHOOL IN 2015, INITIALLY IN PARTNERSHIP WITH UNTHSC; THE ANNE BURNETT MARION SCHOOL OF MEDICINE IS REDEFINING MEDICAL EDUCATION BY ABANDONING AN OUTDATED LECTURE MODEL AND ELEVATING THE CLINICAL EXPERIENCE. OUR MISSION IS TO TRANSFORM HEALTH CARE BY INSPIRING EMPATHETIC SCHOLARS. THIS IS ACCOMPLISHED THROUGH SEVERAL NOVEL MODALITIES. COMMUNICATION IS EMBEDDED THROUGHOUT THE CURRICULUM TO CREATE EXCEPTIONAL COMPASSIONATE COMMUNICATORS AND ACTIVE LISTENERS. THE CURRICULUM IS WHOLLY CENTERED ON THE PATIENT, ALLOWING STUDENTS TO RETAIN THE EMPATHY WITH WHICH THEY START MEDICAL SCHOOL. STUDENTS BEGIN SEEING PATIENTS FROM THEIR FIRST WEEK IN MEDICAL SCHOOL AND HAVE ONE-ON-ONE MENTORING RELATIONSHIPS WITH CLINICAL FACULTY FOR ALL FOUR YEARS. PHYSICIAN DEVELOPMENT COACHES FOSTER A PERSONAL RELATIONSHIP THAT CONTRIBUTES TO STUDENT PROFESSIONAL IDENTITY FORMATION WHILE PROVIDING AN ADDITIONAL LAYER OF SUPPORT TOWARD OUR STUDENTS' ACADEMIC SUCCESS AND WELLNESS. STUDENTS LEARN IN AN ADULT-LEARNER MODEL USING FLIPPED CLASSROOMS AND NO LECTURES. WE ALSO UTILIZE AUGMENTED/ARTIFICIAL INTELLIGENCE AND MIXED REALITY TO ADVANCE HOW STUDENTS LEARN AS WE PREPARE THEM FOR THE FUTURE. Students in the Harris College of Nursing & Health Sciences study varied health disciplines, including nursing, communication sciences and disorders, kinesiology, social work and nurse anesthesia. All are "helping professions" dedicated to improving people's lives and transforming global health care. Harris graduates consistently score higher than the national average on their licensing and certification exams. Each academic unit has external accreditation requirements and consistently performs well in these external measures. Faculty members are involved in significant research areas such as pharmacogenetics, obesity prevention, voice disorders, homelessness and patient safety. U.S. News & World Report also ranked TCU # 28 in the 2021 Best Doctor of Nursing Practice programs, #29 in Best Nursing Anesthesia programs, and #72 in Best Speech-Language Pathology programs. THE COLLEGE OF SCIENCE & ENGINEERING OFFERS UNDERGRADUATE MAJORS IN ASTRONOMY & PHYSICS, BIOCHEMISTRY, BIOLOGY, BIOPHYSICS, CHEMISTRY, CHILD DEVELOPMENT, COMPUTER SCIENCE, GEOLOGY, ENGINEERING, ENVIRONMENTAL SCIENCES, MATHEMATICS, NEUROSCIENCE, NUTRITIONAL SCIENCES, PSYCHOLOGY, AND RANCH MANAGEMENT. THE COLLEGE ALSO OFFERS GRADUATE DEGREES, INCLUDING AT THE DOCTORAL LEVEL IN BIOLOGY, CHEMISTRY & BIOCHEMISTRY, MATHEMATICS, PHYSICS & ASTRONOMY, AND PSYCHOLOGY. THE INSTITUTE OF ENVIRONMENTAL STUDIES LEADS INTERDISCIPLINARY EFFORTS IN THE FIELD OF SUSTAINABILITY. THE PREHEALTH PROFESSIONS INSTITUTE HAS BEEN LONG KNOWN FOR AN ACCEPTANCE RATE AT PROFESSIONAL SCHOOLS OF ABOUT TWICE THE NATIONAL AVERAGE. THE COLLEGE'S KAREN PURVIS INSTITUTE OF CHILD DEVELOPMENT HAS MADE AN IMPORTANT IMPACT IN THE LIVES OF AT-RISK CHILDREN THROUGH RESEARCH, INTERVENTION, AND THERAPY. THE RANCH MANAGEMENT AND INSTITUTE ARE WORLD RECOGNIZED. THE INSTITUTE FOR BEHAVIORAL RESEARCH CONDUCTS FEDERALLY FUNDED RESEARCH FOR EVALUATING AND IMPROVING TREATMENT STRATEGIES THAT TARGET REDUCTIONS IN DRUG ABUSE. RESEARCH OPPORTUNITIES ABOUND FOR UNDERGRADUATES THROUGHOUT THE COLLEGE. TCU ALSO OFFERS A BROAD ARRAY OF EXTENDED EDUCATION OPPORTUNITIES. TCU PROVIDES INTERNAL GRANT RESOURCES WHICH ARE AVAILABLE TO THE COLLEGES AND SCHOOLS FOR THE PURPOSE OF SPONSORING NEW AND INNOVATIVE IDEAS FOR INSTRUCTION. THESE RESOURCES ARE AWARDED ON THE BASIS OF MERIT THROUGH A COMPETITIVE PROPOSAL REVIEW PROCESS. TCU IS COMMITTED TO FOSTERING INNOVATION THROUGH THIS APPROACH AS A MEANS TO SUPPORT CONTINUOUS IMPROVEMENT IN ACADEMIC PROGRAMMING. TCU IS COMMITTED TO ENROLLING TALENTED, MOTIVATED STUDENTS FROM DIVERSE BACKGROUNDS. TO THAT END, TCU OFFERS A FULL RANGE OF SCHOLARSHIPS, FINANCIAL AID, AND FINANCING OPTIONS TO FAMILIES OF ALL INCOME LEVELS. APPROXIMATELY 80 PERCENT OF TCU STUDENTS RECEIVE SOME TYPE OF ASSISTANCE FROM THE OFFICE OF SCHOLARSHIPS AND FINANCIAL AID. Form 990, Part III, Line 4d Description of other program services (Expenses $ 63,814,454 including grants of $)(Revenue $ 10,704,107) SEE SCHEDULE O Form 990, Part VI, Line 13 WHISTLEBLOWER POLICY TCU'S WHISTLEBLOWER POLICY IS INCLUDED IN ITS WRITTEN CODE OF CONDUCT POLICY. THAT POLICY ADDRESSES HOW TO REPORT SUSPECTED VIOLATIONS OR CONCERNS, INCLUDING IDENTIFICATION OF STAFF MEMBERS AND OUTSIDE PARTIES TO WHOM SUCH INFORMATION CAN BE REPORTED, AS WELL AS DISCIPLINARY ACTION FOR ACTS OF RETALIATION. THE CODE OF CONDUCT POLICY HAS BEEN ADOPTED BY THE GOVERNING BOARD OF THE UNIVERSITY AS THE UNIVERSITY'S WHISTLEBLOWER POLICY. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons MARK JOHNSON AND BRYAN KING - Business relationship, KIT TENNISON MONCRIEF AND ADELAIDE MONCRIEF ROYER - Family relationship Form 990, Part VI, Line 11b Review of form 990 by governing body FORM 990 IS REVIEWED INTERNALLY BY TCU'S FINANCIAL MANAGEMENT, INCLUDING THE UNIVERSITY'S CHIEF FINANCIAL OFFICER, BEFORE BEING PRESENTED TO THE UNIVERSITY'S AUDIT, RISK, AND COMPLIANCE COMMITTEE FOR REVIEW. TCU MANAGEMENT PROVIDES SPECIFIC DISCLOSURES RELATING TO INDIVIDUAL TRUSTEES, OFFICERS, KEY EMPLOYEES, AND HIGHLY COMPENSATED EMPLOYEES TO THE AFFECTED INDIVIDUALS FOR THEIR REVIEW. THE UNIVERSITY'S AUDIT, RISK, AND COMPLIANCE COMMITTEE AND CHANCELLOR REVIEW FORM 990 BEFORE IT IS DISTRIBUTED TO ALL OTHER TRUSTEES. AFTER REVIEW AT ITS SPRING MEETING, THE AUDIT, RISK, AND COMPLIANCE COMMITTEE AUTHORIZES THE ONLINE DISTRIBUTION OF FORM 990 TO ALL TRUSTEES PRIOR TO FILING WITH THE IRS. THE FORM 990 REVIEW PROCESS BY THE AUDIT, RISK, AND COMPLIANCE COMMITTEE AND DISTRIBUTION TO ALL TRUSTEES HAS BEEN FORMALLY INCORPORATED INTO TCU'S AUDIT, RISK, AND COMPLIANCE COMMITTEE CHARTER. Form 990, Part VI, Line 12c Conflict of interest policy TCU HAS WRITTEN CONFLICT OF INTEREST POLICIES FOR ALL EMPLOYEES AS WELL AS FOR TRUSTEES. OFFICERS, TRUSTEES, AND KEY EMPLOYEES RECEIVE A WRITTEN COPY OF THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS, ALONG WITH A LIST OF THE NAMES OF OTHER OFFICERS, TRUSTEES, AND KEY EMPLOYEES. THEY ALSO RECEIVE A CONFLICT OF INTEREST STATEMENT THAT MUST BE COMPLETED AND SIGNED, AND RETURNED TO THE CHANCELLOR. THE STATEMENT REQUIRES EACH INDIVIDUAL TO DISCLOSE WHETHER THEY HAVE ANY CONFLICTS OF INTEREST AND TO DESCRIBE THE NATURE OF ANY SUCH CONFLICTS. THE STATEMENT ALSO REQUIRES THE INDIVIDUAL TO DISCLOSE FAMILY RELATIONSHIPS AND BUSINESS RELATIONSHIPS WITH TCU AS WELL AS WITH OTHER OFFICERS, TRUSTEES, OR KEY EMPLOYEES. THE CHANCELLOR'S OFFICE FOLLOWS UP TO ENSURE THAT A SIGNED CONFLICT OF INTEREST STATEMENT IS RECEIVED FROM EACH AFFECTED INDIVIDUAL. THE CHANCELLOR AND THE CHAIR OF THE BOARD OF TRUSTEES REVIEW EACH STATEMENT. ANY POTENTIAL CONFLICTS ARE ALSO REVIEWED WITH TCU'S LEGAL COUNSEL AND FOLLOW UP UNDERTAKEN AS NEEDED TO ADDRESS ANY IDENTIFIED CONCERNS. THE STATEMENTS ARE ALSO PROVIDED TO THE FINANCE DEPARTMENT FOR REVIEW AND FOR FORM 990 DISCLOSURE PURPOSES. WITH RESPECT TO SPECIFIC TRANSACTIONS INVOLVING AN EXISTING OR POTENTIAL CONFLICT OF INTEREST, THE POLICY REQUIRES DISCLOSURE TO BE MADE AT THE EARLIEST POSSIBLE TIME AND ANNUALLY AFTER THAT. IN ACCORDANCE WITH THE POLICY, TRUSTEES OR OFFICERS CANNOT VOTE ON, NOR PARTICIPATE IN DISCUSSING, ANY MATTER IN WHICH THEY HAVE A CONFLICT OF INTEREST, EXCEPT TO PROVIDE INFORMATION. THE CONFLICT OF INTEREST POLICY FOR TCU EMPLOYEES IS AVAILABLE ON TCU'S HUMAN RESOURCES WEBSITE, IN ADDITION TO THE RELATED CONFLICT OF INTEREST DISCLOSURE FORM. IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY, EMPLOYEES MUST DISCLOSE POTENTIAL CONFLICTS OF INTEREST AS SOON AS POSSIBLE AFTER THEY REALIZE THAT A CONFLICT OR POTENTIAL CONFLICT MAY HAVE ARISEN. THE DISCLOSURE MUST DETAIL THE POTENTIAL OR REAL CONFLICT OF INTEREST AND EXPLAIN HOW THE CONFLICT WILL BE MANAGED, REDUCED, OR ELIMINATED. CONFLICT OF INTEREST DISCLOSURE FORMS FOR EMPLOYEES ARE SUBMITTED TO THE OFFICE OF THE CHIEF FINANCIAL OFFICER AND ARE REVIEWED BY TCU'S FINANCIAL MANAGEMENT. IF A CONFLICT OR POTENTIAL CONFLICT OF INTEREST IS REPORTED AND ALLOWED TO EXIST UNDER THE REVIEW OF THE FINANCE OFFICE, IT IS REQUIRED THAT THE CONFLICT OR POTENTIAL CONFLICT BE RECONSIDERED ANNUALLY UNTIL IT IS RESOLVED. Form 990, Part VI, Line 15a Process to establish compensation of top management official TCU HAS ESTABLISHED THE FOLLOWING PROCEDURE FOR DETERMINING EXECUTIVE COMPENSATION FOR THE CHANCELLOR AND TO ASSURE THAT THE COMPENSATION MEETS THE REBUTTABLE PRESUMPTION OF REASONABLENESS STANDARD. TCU'S HUMAN RESOURCES DEPARTMENT ANNUALLY REVIEWS DATA FROM ONE NATIONAL SALARY SURVEY AND PROVIDES ANNUAL SALARY SURVEY COMPENSATION AND BENEFITS DATA TO THE EXECUTIVE COMPENSATION SUBCOMMITTEE OF THE EXECUTIVE COMMITTEE FOR USE IN DETERMINING THE CHANCELLOR'S SALARY. IN ACCORDANCE WITH THE EXECUTIVE COMMITTEE CHARTER OF THE BOARD OF TRUSTEES, THE CHAIR OF THE BOARD APPOINTS A SUBCOMMITTEE OF THE EXECUTIVE COMMITTEE OF THE BOARD ANNUALLY TO EVALUATE PERFORMANCE AND TO ASSURE THAT COMPENSATION FOR THE CHANCELLOR IS REASONABLE AND THAT ADEQUATE DOCUMENTATION IS MAINTAINED FOR SUPPORTING THE REASONABLENESS OF COMPENSATION PAID. THE CHAIR OF THE BOARD SERVES AS THE CHAIR OF THE SUBCOMMITTEE. THE SUBCOMMITTEE'S CHARGE INCLUDES REVIEWING THE CHANCELLOR'S SELF-EVALUATION, REVIEWING ANY OTHER MATERIALS SUBMITTED BY THE CHANCELLOR AS PART OF THE EVALUATION, AND REVIEWING THE COMPENSATION PARAMETERS CURRENTLY APPLIED TO THE CHANCELLOR. THE SUBCOMMITTEE MEETS WITH THE CHANCELLOR TO DISCUSS PERFORMANCE AND THE CHAIR OF THE SUBCOMMITTEE/BOARD SUBSEQUENTLY ADVISES THE SECRETARY OF THE BOARD OF THE SUBCOMMITTEE'S COMPENSATION AND BENEFITS RECOMMENDATION FOR THE CHANCELLOR FOR THE COMING ACADEMIC YEAR. THE RECOMMENDATION OF COMPENSATION INCLUDES CONSIDERATION OF PERFORMANCE AS WELL AS CURRENT MARKET COMPENSATION DATA TO ENSURE THE REASONABLENESS OF THE RECOMMENDED COMPENSATION. AN INDEPENDENT COMPENSATION CONSULTING FIRM WAS USED BY THE SUBCOMMITTEE TO ASSIST IN EVALUATING AND ESTABLISHING THE CHANCELLOR'S COMPENSATION FOR FISCAL YEAR 2022. THE INDEPENDENT COMPENSATION CONSULTING FIRM REVIEWED FORM 990 DATA FOR COMPENSATION AND BENEFITS PROVIDED TO THE CHANCELLOR ROLE AT A PEER GROUP OF COMPARABLE PRIVATE UNIVERSITIES, AND ALSO REVIEWED THE SALARY SURVEY DATA PROVIDED BY TCU. THE INDEPENDENT COMPENSATION CONSULTING FIRM PREPARED A REASONABLENESS OPINION LETTER BASED UPON ITS REVIEW OF THE CHANCELLOR'S COMPENSATION FOR FISCAL YEAR 2022 AND THE REVIEW OF COMPARABLE MARKET DATA. THE LETTER SERVES TO DOCUMENT THE FIRM'S EVALUATION OF THE APPROVED COMPENSATION AND OUTLINE THE METHODOLOGY, FINDINGS AND THE BASIS FOR ITS OPINION OF ITS REASONABLENESS. IN ADDITION, AN INDEPENDENT LAW FIRM WAS USED BY THE SUBCOMMITTEE TO PREPARE AN EXCESS BENEFIT TRANSACTION LETTER, IN WHICH THE LAW FIRM OPINED THAT THE CHANCELLOR'S COMPENSATION FOR FISCAL YEAR 2022 DID NOT RESULT IN AN EXCESS BENEFIT TRANSACTION. THE CHAIR OF THE BOARD PRESENTS THE SUBCOMMITTEE'S FINAL EVALUATION OF THE CHANCELLOR'S PERFORMANCE AND COMPENSATION RECOMMENDATION TO THE EXECUTIVE COMMITTEE OF THE BOARD IN AN EXECUTIVE SESSION AT THE NEXT SCHEDULED MEETING. THE CHAIR OF THE BOARD ADVISES THE FULL BOARD AT THE NEXT SCHEDULED MEETING THAT THE EVALUATION PROCESS WAS CONDUCTED AND COMPLETED AS SET FORTH IN THE EXECUTIVE COMMITTEE CHARTER. THIS PROCESS WAS LAST UNDERTAKEN FOR THE CHANCELLOR'S COMPENSATION IN 2022. Form 990, Part VI, Line 15b Process to establish compensation of other employees TCU HAS ESTABLISHED THE FOLLOWING PROCEDURES FOR DETERMINING EXECUTIVE COMPENSATION FOR OTHER OFFICERS AND EXECUTIVE LEVEL EMPLOYEES. IN ACCORDANCE WITH THE EXECUTIVE COMMITTEE CHARTER OF THE BOARD OF TRUSTEES, THE CHANCELLOR IS RESPONSIBLE FOR PERFORMING ANNUAL EVALUATIONS AND SETTING SALARIES AND OTHER COMPENSATION COMPONENTS FOR SENIOR ADMINISTRATIVE OFFICERS, SUBJECT TO LIMITATIONS SET IN THE BUDGET APPROVED BY THE FULL BOARD. THE CHANCELLOR PROVIDES A SUMMARY OF THE ANNUAL EVALUATIONS AND COMPENSATION DETERMINATIONS TO THE EXECUTIVE COMMITTEE DURING A SCHEDULED MEETING AND CITES RELIABLE AND INDEPENDENT COMPARABILITY DATA UPON WHICH COMPENSATION DETERMINATIONS ARE BASED. THE CHANCELLOR MAINTAINS RELEVANT DOCUMENTATION USED FOR COMPENSATION DETERMINATIONS. TO FACILITATE THE CHANCELLOR'S RESPONSIBILITIES, TCU'S HUMAN RESOURCES DEPARTMENT ANNUALLY REVIEWS TWO SOURCES OF SALARY SURVEY DATA FOR SALARY COMPARISON PURPOSES WITH TCU'S EXECUTIVE LEVEL POSITIONS. EACH SPRING WHEN THE NEW SURVEY DATA IS RELEASED, TCU'S HUMAN RESOURCES DEPARTMENT REVIEWS THE DATA AND SUMMARIZES THE RESULTS INTO A REPORT IDENTIFYING SALARY INFORMATION FOR THE FOLLOWING POSITIONS: CHANCELLOR, VICE CHANCELLORS, DEANS, AND UNIT HEADS WHOSE JOBS CAN BE MATCHED TO SURVEY DATA. EACH YEAR THE SUPERVISING ADMINISTRATOR MEETS WITH SUBORDINATES AND EVALUATES THEIR PERFORMANCE. THIS EVALUATION BECOMES THE BASIS FOR DETERMINING THE AMOUNT OF THE MERIT INCREASE TO BE AWARDED USING THE SALARY SURVEY SUMMARY OF DATA AS A GUIDELINE FOR MAKING THIS DECISION. THIS PROCESS WAS LAST UNDERTAKEN FOR OFFICERS AND OTHER SENIOR EMPLOYEES IN 2022. AN INDEPENDENT COMPENSATION CONSULTING FIRM WAS USED BY THE SUBCOMMITTEE AND THE CHANCELLOR TO ASSIST IN EVALUATING AND ESTABLISHING THE COMPENSATION FOR DISQUALIFIED PERSONS FOR FISCAL YEAR 2022. THE INDEPENDENT COMPENSATION CONSULTING FIRM PERFORMED AN EXECUTIVE TOTAL REMUNERATION EVALUATION THAT CONFIRMED THE APPROPRIATE PEER GROUP FOR BENCHMARKING PURPOSES; GATHERED COMPENSATION AND BENEFITS DATA FOR EACH OF THE PEERS FROM FORM 990 FILINGS, ADJUSTING DATA AS NEEDED, AND MATCHING EACH EXECUTIVE TO THE APPROPRIATE ROLE; GATHERED ADDITIONAL DATA FROM SALARY SURVEYS PROVIDED BY TCU; DETERMINED THE MARKET POSITIONING OF EACH EXECUTIVE'S TOTAL REMUNERATION (COMPENSATION PLUS BENEFITS) RELATIVE TO THE COMPARATOR GROUPS; PREPARED A REPORT SUMMARIZING FINDINGS AND DISCUSSED FINDINGS WITH TCU; AND PREPARED A REASONABLENESS OPINION LETTER DOCUMENTING TCU'S FINAL PAY DECISIONS REGARDING THE EXECUTIVES. THIS PROCESS WAS LAST UNDERTAKEN FOR DISQUALIFIED PERSONS IN 2022. THE VICE CHANCELLOR OF FINANCE IS RESPONSIBLE FOR PERFORMING THE ANNUAL EVALUATION AND SETTING THE COMPENSATION FOR THE CHIEF INVESTMENT OFFICER, SUBJECT TO LIMITATIONS SET IN THE BUDGET APPROVED BY THE FULL BOARD. THE VICE CHANCELLOR PROVIDES A SUMMARY OF THE ANNUAL EVALUATION AND COMPENSATION DETERMINATION TO THE INVESTMENT COMMITTEE OF THE BOARD OF TRUSTEES DURING A SCHEDULED MEETING AND CITES RELIABLE AND INDEPENDENT COMPARABILITY DATA UPON WHICH COMPENSATION DETERMINATIONS ARE BASED. THE VICE CHANCELLOR MAINTAINS RELEVANT DOCUMENTATION USED FOR COMPENSATION DETERMINATIONS. TO FACILITATE THE VICE CHANCELLOR'S RESPONSIBILITIES, THE HUMAN RESOURCES DEPARTMENT ANNUALLY REVIEWS TWO SOURCES OF COMPENSATION DATA FOR COMPENSATION COMPARISON PURPOSES WITH TCU'S EXECUTIVE LEVEL INVESTMENT STAFF. THE HUMAN RESOURCES DEPARTMENT ALSO ANNUALLY USES A CALCULATION THAT INCLUDES A QUANTITATIVE AND QUALITATIVE ANALYSIS BASED ON THE PERFORMANCE OF THE ENDOWMENT. THE HUMAN RESOURCES DEPARTMENT REVIEWS THE DATA AND SUMMARIZES THE RESULTS INTO A REPORT IDENTIFYING COMPENSATION INFORMATION FOR THE CHIEF INVESTMENT OFFICER. THIS REPORT BECOMES THE BASIS FOR DETERMINING THE AMOUNT OF MERIT INCREASE TO BE AWARDED. THIS PROCESS WAS LAST UNDERTAKEN FOR THE CHIEF INVESTMENT OFFICER IN 2022. Form 990, Part VI, Line 19 Required documents available to the public TCU DOES NOT MAKE ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC. TCU MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. TCU'S CONFLICT OF INTEREST POLICY IS AVAILABLE TO THE PUBLIC VIA TCU'S HUMAN RESOURCES WEBSITE. Form 990, Part VIII, Line 2f Other Program Service Revenue Other Program Service Revenue - Total Revenue: 12322987, Related or Exempt Function Revenue: 12302244, Unrelated Business Revenue: 20743, Revenue Excluded from Tax Under Sections 512, 513, or 514: 0; Form 990, Part VIII, Line 11d Other Miscellaneous Revenue All Other Revenue - Total Revenue: 1110963, Related or Exempt Function Revenue: 0, Unrelated Business Revenue: 0, Revenue Excluded from Tax Under Sections 512, 513, or 514: 1110963; Form 990, Part X, Line 20 TAXABLE AND TAX-EXEMPT BOND LIABILITIES THE AMOUNT REPORTED ON LINE 20 INCLUDES TAX-EXEMPT BOND DEBT; REMAINING BOND LIABILITIES ARE REPORTED ON LINE 23. Form 990, Part XI, Line 9 Other changes in net assets or fund balances OTHER MISC. CHANGES - 2000; Post Retirement Benefit Actuarial Change - 21725665; Rounding - 1; Schedule J, Part II, Column (B)(iii) SCHEDULE J PART II, COLUMN B(III) OTHER REPORTABLE COMPENSATION FOR VICTOR BOSCHINI, KATHRYN CAVINS TULL, JAMES DIXON, JEREMIAH DONATI, STUART FLYNN, BRIAN GUTIERREZ, JAMES HILLE, BRYAN LUCAS, GARY PATTERSON, JENNIFER RAEGAN PEBLEY, KIRK C. SAARLOOS, TRACY SYLER JONES, AND DONALD WHELAN INCLUDES PENSION RESTORATION STIPEND PAYMENTS SPECIFIED IN THEIR CONTRACTS FOR AMOUNTS IN EXCESS OF 403(B) MAXIMUM LIMITS. OTHER REPORTABLE COMPENSATION FOR KATHRYN CAVINS TULL AND YOHNA CHAMBERS INCLUDES A CELL PHONE STIPEND. OTHER REPORTABLE COMPENSATION FOR TERESA ABI-NADER DAHLBERG INCLUDES A RETIREMENT STIPEND. OTHER REPORTABLE COMPENSATION FOR STUART FLYNN, JENNIFER RAEGAN PEBLEY, AND KIRK C. SAARLOOS INCLUDES AN AUTO STIPEND. OTHER REPORTABLE COMPENSATION FOR KATHRYN CAVINS TULL, YOHNA CHAMBERS, TERESA ABI-NADER DAHLBERG, AND TRACY SYLER JONES INCLUDES MISC. STIPENDS. 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