2023-05-12T06:10:56-05:00 2022-06-30 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2021-07-01 250717890 CHATHAM UNIVERSITY CHAT 4123651100 WOODLAND ROAD PITTSBURGH PA 15232 JENNIFER HOERSTER VP FINANCE & ADMIN/CFO 4123651100 2023-05-11 1 JENNIFER HOERSTER 999009999 SUSAN M KIRSCH P00341397 4122613644 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z DR DAVID L FINEGOLD WOODLAND ROAD PITTSBURGH PA 15232 98441398 0 X WWW.CHATHAM.EDU X 1869 PA PROVISION OF UNDERGRADUATE AND GRADUATE EDUCATION. 29 27 1534 310 118567 0 12557663 8311639 73486304 78986910 8417493 3621604 -234071 43036 94227389 90963189 24052327 28184222 0 0 36068063 38107483 0 0 1415072 27849865 30262668 87970255 96554373 6257134 -5591184 235663568 215872395 84663743 83949422 150999825 131922973 X CHATHAM UNIVERSITY PREPARES WOMEN AND MEN TO BE WORLD READY: TO BUILD LIVES OF PURPOSE AND VALUE AND FULFILLING WORK. IN ADDITION TO APPROPRIATE PROFESSIONAL SKILLS AND LIBERAL ARTS LEARNING, CHATHAM BELIEVES THAT WORLD READINESS MEANS BEING AN INFORMED AND ENGAGED CITIZEN IN ONE'S COMMUNITIES; RECOGNIZING AND RESPECTING DIVERSITY OF CULTURE, IDENTITY AND OPINION; AND LIVING SUSTAINABLY ON THE PLANET. 0 0 77021885 28184222 71753665 ACADEMIC AND INSTRUCTIONAL EDUCATION: SEE SCHEDULE OACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION, CHATHAM UNIVERSITY IS A COED INSTITUTION THAT GRANTS BACHELOR, MASTER AND DOCTORATE LEVEL DEGREES THROUGH FOUR DISTINCTIVE SCHOOLS AND COLLEGES: THE FALK SCHOOL OF SUSTAINABILITY & ENVIRONMENT (HOUSED WITHIN OUR EDEN HALL CAMPUS, THE WORLD'S FIRST CAMPUS BUILT FROM THE GROUND UP FOR THE STUDY OF SUSTAINABILITY), THE SCHOOL OF HEALTH SCIENCES, THE SCHOOL OF ARTS, SCIENCE AND BUSINESS AND THE SCHOOL OF CONTINUING AND PROFESSIONAL STUDIES. STUDENTS CAN CHOOSE FROM OVER 40 UNDERGRADUATE MAJORS AND OVER 20 MASTERS AND DOCTORAL PROGRAMS, AND ONLINE COURSES OF STUDY. THE UNIVERSITY'S TOTAL ENROLLMENT AS OF FALL 2021 WAS 2,439 STUDENTS.STUDENT AND COMMUNITY SERVICES: CHATHAM UNIVERSITY STRIVES TO DEVELOP THE WHOLE STUDENT - BOTH IN AND OUTSIDE THE CLASSROOM. WE OFFER ON AND OFF-CAMPUS OPPORTUNITIES FOR PROFESSIONAL SKILL-BUILDING AND EXPERIENTIAL LEARNING. INTERNSHIPS AND MENTORSHIPS OFFER SUPPORT. STUDENT AFFAIRS PLAY AN INTEGRAL ROLE IN HELPING OUR STUDENTS ENHANCE THEIR PHYSICAL, MENTAL, AND SOCIAL WELL-BEING. COUGARS CARE, AN EARLY INTERVENTION SYSTEM TO AID STUDENTS IN NEED AND CELEBRATE STUDENT SUCCESS, PLAYS A CRUCIAL ROLE IN IDENTIFYING STUDENTS WHO MAY BENEFIT FROM ADDITIONAL SUPPORT AND HELPS FACILITATE INFORMATION SHARING. STUDENTS HAVE A VARIETY OF OPPORTUNITIES HIGHLIGHTED IN THE ANNUAL ACTIVITIES CALENDAR FEATURING OVER 300 EVENTS AND HAPPENINGS THROUGHOUT THE YEAR. CHATHAM OFFERS A NATIONAL COLLEGIATE ATHLETIC ASSOCIATION (NCAA) DIVISION III ATHLETIC PROGRAM FEATURING TWENTY-ONE VARSITY SPORTS (ELEVEN WOMEN'S AND TEN MEN'S), ANCHORED OUT OF OUR IMPRESSIVE 78,000 SQUARE FOOT ATHLETIC AND FITNESS CENTER. STUDENTS LIVING ON CAMPUS ARE WELCOMED INTO A LIVING AND LEARNING ENVIRONMENT WHERE WELLNESS AND A STRONG SENSE OF COMMUNITY PREVAIL. CHATHAM HAS BEEN SELECTED AS ONE OF ONLY A SMALL NUMBER OF UNIVERSITIES FOR THE 2022 PRINCETON REVIEW'S GREEN HONOR ROLL, WHICH RECOGNIZES THE MOST ENVIRONMENTALLY RESPONSIBLE COLLEGES ACROSS THE UNITED STATES. CHATHAM EARNED A PERFECT GREEN RATING SCORE 99 OUT OF 99, WHICH MEASURES "A SCHOOL'S PERFORMANCE AS AN ENVIRONMENTALLY AWARE AND PREPARED INSTITUTION." IN 2020, THE UNIVERSITY COMPLETED THE RENOVATION OF UPMC GRAHAM FIELD, THE HISTORIC HOME OF WILKINSBURG HIGH SCHOOL FOOTBALL. UPMC GRAHAM FIELD IS THE HOME FIELD FOR THE UNIVERSITY'S MENS AND WOMENS' SOCCER AND LACROSSE TEAMS AND IS AVAILABLE FOR LOCAL HIGH SCHOOL AND COMMUNITY ATHLETIC PROGRAMS' USE. THE RENOVATION WAS FUNDED IN PART BY THE COMMONWEALTH OF PENNSYLVANIA, HONORABLE TOM WOLF, GOVERNOR, UPMC, DOLLAR BANK AND THE RUST FOUNDATION.AS PART OF A HOLISTIC APPROACH TO STUDENT DEVELOPMENT, THE OFFICE OF STUDENT HEALTH AND WELLNESS IS RESPONSIBLE FOR COORDINATING THE PHYSICAL, MENTAL, AND WELLNESS LIFESTYLE OF OUR STUDENTS, PROVIDING SOCIAL AND SUPPORT SERVICES TO OUR STUDENTS AND THE CHATHAM COMMUNITY. LIBRARY SERVICES: THE JENNIE KING MELLON LIBRARY HAS ADDED NEW RESOURCES THAT SUPPORT THE LEARNING AND TEACHING MISSION OF CHATHAM UNIVERSITY, INCLUDING A NUMBER OF FULL-TEXT JOURNAL DATABASES. THE LIBRARY STAFF CONTINUES TO DEVOTE SIGNIFICANT AMOUNTS OF TIME TO RESEARCH CONSULTATIONS. THE ARCHIVE COLLECTION HAS BENEFITTED FROM ENDOWED SUPPORT AND INCREASED STAFF HOURS TO AID IN DOCUMENTATION, ORGANIZATION, AND PRESERVATION.IN MAY 2008, THE UNIVERSITY RECEIVED THE 388-ACRE EDEN HALL FARM CAMPUS AS A GIFT FROM THE EDEN HALL FOUNDATION. LOCATED NORTH OF PITTSBURGH IN RICHLAND TOWNSHIP AND APPROXIMATELY 20 MILES FROM CHATHAM'S HISTORIC SHADYSIDE CAMPUS, EDEN HALL CAMPUS IS HOME TO OUR FALK SCHOOL OF SUSTAINABILITY & ENVIRONMENT AND OFFERS UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS AS WELL AS PROGRAMMING FOR THE SURROUNDING COMMUNITIES. 6154879 7233245 AUXILIARY SERVICES: SEE SCHEDULE OTHE UNIVERSITY OWNS THE OLDEST CIVIL WAR-ERA HOME ON FIFTH AVENUE, THE HOWE-CHILDS GATE HOUSE, WHICH NOW SERVES AS A GUEST HOUSE FOR UNIVERSITY VISITORS AS WELL AS HEADQUARTERS FOR THE CAMPUS ARBORETUM. THE UNIVERSITY IS HOME TO THE OLKES COLLECTION OF AFRICAN ART, ONE OF THE MOST SIGNIFICANT COLLECTIONS OF AFRICAN TRIBAL ART IN THE TRISTATE REGION.THE UNIVERSITY HOSTS NUMEROUS EVENTS ON CAMPUS INCLUDING: PROGRAMS FOR WOMEN IN BUSINESS AND POLITICS SPONSORED BY THE CENTER FOR WOMEN'S ENTREPRENEURSHIP AND PENNSYLVANIA CENTER FOR WOMEN IN POLITICS; A NUMBER OF GLOBAL FOCUS EVENTS; AND VARIOUS PERFORMING AND VISUAL ARTS EVENTS HELD THROUGHOUT THE ACADEMIC YEAR THAT ARE FREE AND OPEN TO THE PUBLIC.IMPACT OF PANDEMICAT THE ONSET OF THE COVID-19 PANDEMIC, THE UNIVERSITY BEGAN FOCUSING INTENSELY ON MITIGATING THE ADVERSE IMPACTS OF THE OUTBREAK BY PROTECTING STUDENTS, FACULTY AND STAFF. CLASSROOM DELIVERY SHIFTED TO REMOTE LEARNING AND FACULTY AND STUDENTS QUICKLY ADAPTED TO A FULLY REMOTE ONLINE PLATFORM IN MID-MARCH 2020 AND THROUGH THE REMAINDER OF THE SPRING 2020 ACADEMIC TERM. RESIDENCE HALLS AND FOOD SERVICES WERE CLOSED AND ALL TRAVEL, SUMMER PROGRAMS AND CAMPS WERE CANCELLED.SAFETY PROTOCOLS AND MONITORING PROCEDURES WERE ENACTED BY THE UNIVERSITY TO PREPARE FOR THE FALL 2020 ACADEMIC TERM TO ENSURE THE SAFETY OF THE STUDENTS, FACULTY AND STAFF. THESE PROCEDURES INCLUDED SAFE DISTANCING IN CLASSROOM AND RESIDENCE HALL SPACES, ONGOING CLEANING, AND INSTALLATION OF DEVICES TO ENSURE SAFE INTERFACE IN SHARED AND CUSTOMER-FACING SPACES. ENTRY TESTING OF STUDENTS WAS IMPLEMENTED FOR FALL 2020, SPRING 2021 AND FALL 2021 AND ONGOING TESTING WAS AVAILABLE FOR STUDENTS, FACULTY AND STAFF. THESE MEASURES ENABLED THE UNIVERSITY TO COMPLETE A SUCCESSFUL 2020-2021 ACADEMIC YEAR. POSITIVE CASES WERE REPORTED TO THE CAMPUS COMMUNITY ON A WEEKLY BASIS; CASE COUNTS REMAINED LOW ALL YEAR DUE TO STRONG COMMUNITY COMPLIANCE. ALTHOUGH STUDENTS COULD CHOOSE TO COMPLETE THE TERMS VIRTUALLY, NEARLY 70% OF STUDENTS CHOSE TO LIVE ON CAMPUS AND PURSUE IN PERSON INSTRUCTION.IN FALL 2021, STUDENTS RETURNED TO CAMPUS AND THE UNIVERSITY CELEBRATED A RECORD YEAR OF FULL-TIME, FIRST-YEAR ENROLLMENT. REGULAR MESSAGING OF THE CONTINUAL EMPHASIS ON THE SAFETY AND WELLNESS OF STUDENTS, FACULTY AND STAFF WAS COMMUNICATED PRIOR TO AND THROUGHOUT THE RETURN TO CAMPUS. VACCINATION WAS REQUIRED FOR ALL STUDENTS PARTICIPATING IN FACE-TO-FACE CLASSES OR CAMPUS ACTIVITIES AND FOR ALL FACULTY AND STAFF FOR THE 2021-2022 ACADEMIC TERM. THE UNIVERSITY ALLOWED STUDENTS AND EMPLOYEES WITH A VALID MEDICAL, RELIGIOUS, OR OTHER REASON CONSISTENT UNDER FEDERAL AND STATE LAW TO APPLY FOR AN EXEMPTION. ANYONE NOT VACCINATED WAS SUBJECT TO ADDITIONAL HEALTH AND SAFETY PROTOCOLS DURING THE YEAR.ADDITIONALLY, STUDENT ATHLETES COMPLIED WITH TESTING PROTOCOL SET FORTH BY THE NCAA AND PRESIDENT'S ATHLETIC CONFERENCE (PAC). THE UNIVERSITY RECEIVED GRANTS PURSUANT TO THE HIGHER EDUCATION EMERGENCY RELIEF FUND (HEERF) AS PART OF THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT (CARES ACT). IN JANUARY 2021 THE UNIVERSITY WAS AWARDED APPROXIMATELY $1,840,000 AS PART OF THE CORONAVIRUS RESPONSE AND RELIEF SUPPLEMENTAL APPROPRIATIONS ACT (CRRSAA). IN MAY 2021, $3,141,000 WAS AWARDED TO THE UNIVERSITY AS PART OF THE AMERICAN RESCUE PLAN ACT (ARP). BOTH AWARDS STIPULATED THAT THE UNIVERSITY DISTRIBUTE A PORTION OF THE TOTAL GRANTS RECEIVED TO ELIGIBLE STUDENTS, REFERRED TO AS PART A. THE REMAINING PORTION, REFERRED TO AS PART B, IS AVAILABLE TO COVER EXPENSES ASSOCIATED WITH SIGNIFICANT CHANGES TO THE DELIVERY OF INSTRUCTION DUE TO THE DISRUPTIONS CAUSED BY THE COVID-19 PANDEMIC INCURRED ON OR AFTER MARCH 13, 2020, INCLUDING REFUNDS PROCESSED TO STUDENTS, ENHANCEMENTS TO ONLINE LEARNING PLATFORMS AND OTHER TECHNOLOGY RELATED EXPENSES, AND CERTAIN OTHER QUALIFYING EXPENSES THAT HAVE A CLEAR NEXUS TO SIGNIFICANT CHANGES TO THE DELIVERY OF INSTRUCTION DUE TO THE COVID-19 PANDEMIC, INCLUDING ADDITIONAL FUNDING TO STUDENTS AT THE UNIVERSITY'S DISCRETION. FROM THE CRRSAA AWARD, THE UNIVERSITY CREDITED $562,000 TO ELIGIBLE STUDENTS COVERED BY PART A AND $1,635,000 FROM THE ARP AWARD. THESE AMOUNTS ARE REFLECTED IN AUXILIARY ENTERPRISES REVENUES ON THE CONSOLIDATED STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS.ADDITIONALLY, THE UNIVERSITY RECOGNIZED PART B FUNDS OF $1,278,000 FROM CRRSAA AWARDS AND $1,504,000 FROM ARP AWARDS IN 2021. BOTH ARE INCLUDED IN FEDERAL AND STATE GRANTS AND CONTRACT REVENUES ON THE CONSOLIDATED STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS. 83176764 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 0 1 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 1 0 0 0 1 3077 0 1 1534 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 29 27 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA CA X X JENNIFER HOERSTER 4123651145 WOODLAND ROAD PITTSBURGH PA 15232 X DAVID FINEGOLD PRESIDENT 70.00 0.00 X X 431887 0 162293 DAVID M HALL CHAIR 3.50 0.00 X X 0 0 0 KENT MCELHATTAN VICE CHAIR 3.50 0.00 X X 0 0 0 SNEHAL DESAI TREASURER 3.50 0.00 X X 0 0 0 ARADHNA OLIPHANT SECRETARY 3.50 0.00 X X 0 0 0 KEVIN ACKLIN TRUSTEE 3.00 0.00 X 0 0 0 G NICHOLAS BECKWITH III TRUSTEE 3.00 1.00 X 0 0 0 LISA BIRMINGHAM TRUSTEE (EXITED 08/21) 3.00 0.00 X 0 0 0 BROOKS BROADHURST TRUSTEE 3.00 0.00 X 0 0 0 LOUISE R BROWN TRUSTEE 3.00 0.00 X 0 0 0 JANE BURGER TRUSTEE 3.00 0.00 X 0 0 0 ANNETTE CALGARO TRUSTEE 3.00 0.00 X 0 0 0 CARLA CASTAGNERO TRUSTEE 3.00 0.00 X 0 0 0 LYNETTE CHARITY TRUSTEE 3.00 0.00 X 0 0 0 KATHI ELLIOTT TRUSTEE (ENTERED 06/21) 3.00 0.00 X 0 0 0 SIGO FALK TRUSTEE 3.00 0.00 X 0 0 0 JOANNE FIEDLER TRUSTEE 3.00 0.00 X 0 0 0 LAURA FISHER TRUSTEE (EXITED 05/22) 3.00 0.00 X 0 0 0 JOANNE LAIPSON TRUSTEE 3.00 0.00 X 0 0 0 SCHAZZ LEE TRUSTEE (ENTERED 02/22) 3.00 0.00 X 0 0 0 REBECCA LUCORE TRUSTEE 3.00 0.00 X 0 0 0 W DUFF MCCRADY TRUSTEE 3.00 0.00 X 0 0 0 JANE G MURPHY PHD TRUSTEE (EXITED 06/22) 3.00 0.00 X 0 0 0 STEPHANIE NOVOSEL TRUSTEE 3.00 0.00 X 0 0 0 SANDRA RADER DNP TRUSTEE 3.00 0.00 X 0 0 0 S MURRAY RUST III TRUSTEE 3.50 0.00 X 0 0 0 HENRY J SIMONDS TRUSTEE 3.00 0.00 X 0 0 0 MARY B TEMPLETON ESQ TRUSTEE 3.00 0.00 X 0 0 0 BONNIE W VANKIRK TRUSTEE 3.00 0.00 X 0 0 0 JENNIFER P WINTON TRUSTEE 3.50 0.00 X 0 0 0 CIERA YOUNG TRUSTEE 3.00 0.00 X 0 0 0 WALTER B FOWLER SR. VP-FINANCE & ADMIN 60.00 0.10 X 274297 0 31241 SEAN COLEMAN - VP OF PLANNING & ASSISTANT SECRETARY 60.00 0.00 X 138620 0 13678 DARLENE G MOTLEY DEAN, SCHOOL OF ARTS, SCIE 60.00 0.00 X 208329 0 28607 JENNA TEMPLETON VP FOR ACADEMIC AFFAIRS 60.00 0.00 X 208311 0 26827 CAREY MILLER VP FOR UNIVERSITY ADVANCEM 60.00 0.00 X 198419 0 12767 PATRICIA DOWNEY DEAN, SCHOOL OF HEALTH SCI 60.00 0.00 X 185874 0 16230 LOUIS G LEONARD DEAN, FALK SCHOOL FOR SUSTAINABILITY 60.00 0.00 X 184823 0 15142 AMY BECHER VP FOR ENROLLMENT MANAGEME 60.00 0.00 X 184799 0 14799 WILLIAM T CAMPBELL VP MARKETING & COMMUNICATI 60.00 0.00 X 178997 0 26247 PAUL D STEINHAUS CIO, DIRECTOR OF INFO TECH 60.00 0.00 X 157887 0 24439 JENNIFER HOERSTER ASSOC. VP, FINANCE & ADMIN 60.00 0.00 X 149146 0 22348 ANTHONY GORECZNY PROFESSOR OF HEALTH SCIENC 60.00 0.00 X 137823 0 22716 ALICE JULIER PROFFESOR, FOOD STUDIES 40.00 0.00 X 135538 0 533 2774750 0 417867 14 0 1 0 PARKHURST DINING SERVICES PO BOX 644091 PITTSBURGH PA 15264 FOOD SERVICE 2576922 EAB GLOBAL INC (AKA ROYALL) PO BOX 603519 CHARLOTTE NC 28260 ENROLLMENT SERVICES 775636 REGIS UNIVERSITY (AKA OCICU) 3333 REGIS BLVD C24 DENVER CO 80221 ACADEMIC PROGRAMMING 619400 UPMC SHADYSIDE SCHOOL OF NURSING 5230 CENTRE AVE PITTSBURGH PA 15232 ACADEMIC PROGRAMMING 294660 CERIDIAN 3311 EAST OLD SHAKOPEE ROAD MINNEAPOLIS MN 55425 PAYROLL/HR SERVICES 238179 27 425839 1093235 6792565 432295 8311639 TUITION AND FEES 900099 71753665 71753665 AUXILIARY ENTERPRISES 900099 7233245 7233245 78986910 1298616 141210 1157406 2773364 2730328 43036 43036 -22643 65679 7069369 1500 4747881 0 2321488 1500 2322988 2322988 90963189 78986910 118567 3546073 25802 25802 28104276 28104276 54144 54144 2089859 1686398 336579 66882 29476821 23878096 4655568 943157 1619946 1308581 252180 59185 2708732 1945119 698724 64889 2212125 1807424 333193 71508 51063 51063 13524 13524 19495 19495 398317 398317 7707365 3288295 4349976 69094 2649165 2632817 16348 998100 938270 59830 1894647 1732911 160953 783 1648667 1600866 47801 109731 86439 22242 1050 2045105 2045105 7576794 7269473 307321 204567 84341 120226 ACADEMIC DEPT PROGRAMS 2264046 2186806 77240 SUPPLIES EXPENSE 2124530 2085195 26590 12745 INTERNAL FOOD SERVICE 415059 396911 18148 TAXES 110344 110344 32149 32149 96554373 83176764 11962537 1415072 10563434 7496290 5319555 1938976 2924034 1300368 125000 375000 317883 239332 601506 743127 231788323 117370377 116460623 114417946 74508943 64510699 19676897 20786082 5165693 4064575 235663568 215872395 10471278 9359270 1005765 927478 4593398 4322834 56459981 54217703 2919698 2125440 9213623 12996697 84663743 83949422 X 28115433 20356189 122884392 111566784 150999825 131922973 235663568 215872395 -5591184 -13485668 0 X X 0 1 X 1 1 1 X 6796339 7880781 7825681 12557663 8311639 43372103 6796339 7880781 7825681 12557663 8311639 43372103 43372103 4087476 4031834 3720719 3760579 3884691 19485299 105106 105106 62962508 368157064 0.68890 0.67150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19495 19495 99265206 99284701 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 43633 43212 22305 19495 128645 250000 250000 250000 250000 1000000 1500000 X X X 0 106060787 1805817 -11235519 1154128 1950025 395847 93131085 87337683 2702401 19696703 1076047 2313801 286152 106060787 86136269 1167943 3033471 1113914 1690843 195243 87337683 84915225 1435654 3345842 1068315 2172813 319324 86136269 81976069 1375802 6856311 1036747 3974618 281592 84915225 0.18800 0.00000 0.81200 1 0 10867247 10867247 173709307 173709307 7310956 7310956 39900813 39900813 117370377 -117370377 114417946 LIMITED PARTNERSHIPS 17380037 F REAL ESTATE INVESTMENT FUND 3406045 F 20786082 CAPITAL LEASE OBLIGATION 12996697 12996697 X 52024429 -13485668 -28183420 -41669088 93693517 -2730328 -2730328 90963189 71101281 2730328 2730328 68370953 28183420 28183420 96554373 PART III, LINE 1A: THE UNIVERSITY'S COLLECTIONS INCLUDE PAINTINGS, PRINTS, PHOTOGRAPHS, SCULPTURES, DRAWINGS AND WATERCOLORS, AND DECORATIVE ARTS. THESE ITEMS ARE HELD FOR EDUCATIONAL, RESEARCH AND SCIENTIFIC PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS OPERATING EXPENDITURES IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS MAINTAINED AND HELD BY THE UNIVERSITY ARE NOT REFLECTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. PART III, LINE 4: THE UNIVERSITY'S COLLECTIONS INCLUDE PAINTINGS, PRINTS, PHOTOGRAPHS, SCULPTURES, DRAWINGS AND WATERCOLORS, AND DECORATIVE ARTS. THESE ITEMS ARE HELD FOR EDUCATIONAL, RESEARCH AND SCIENTIFIC PURPOSES. PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF VARIOUS INVESTMENT FUNDS ESTABLISHED PRIMARILY FOR THE SUPPORT OF ITS MISSION. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. INTERPRETATION OF RELEVANT LAW - THE BOARD OF TRUSTEES HAS ELECTED TO BE GOVERNED BY THE COMMONWEALTH OF PENNSYLVANIA'S ACT 141 (ACT 141). ACT 141 PERMITS ELECTION OF A TOTAL RETURN POLICY THAT ALLOWS A NONPROFIT TO CHOOSE TO TREAT A PERCENTAGE OF THE AVERAGE MARKET VALUE OF THE ENDOWMENT'S INVESTMENTS WITH DONOR RESTRICTIONS AS INCOME EACH YEAR. HOWEVER, THE LONG-TERM PRESERVATION OF THE REAL VALUE OF THE ASSETS MUST BE TAKEN INTO CONSIDERATION WHEN THE BOARD ELECTS THE AMOUNT. ON AN ANNUAL BASIS, THE BOARD OF TRUSTEES MUST ELECT, IN WRITING, A SPENDING RATE OF BETWEEN 2% AND 7%. FOR THE YEARS ENDED JUNE 30, 2021 AND 2020, THE UNIVERSITY UTILIZED A 10% SPENDING RATE BASED ON A THREE-YEAR AVERAGE OF HISTORICAL ENDOWMENT MARKET VALUES. THE LAST FISCAL YEAR USED TO DETERMINE THE TRANSFER FOR THE FISCAL YEAR ENDED JUNE 30, 2021 WAS THE FISCAL YEAR ENDED JUNE 30, 2020. SPENDING POLICY AND INVESTMENT OBJECTIVES RELATED TO SPENDING POLICY - AS PERMITTED BY ACT 141, THE UNIVERSITY TYPICALLY TRANSFERS BETWEEN 5% AND 7%, BASED ON A THREE-YEAR AVERAGE OF HISTORICAL ENDOWMENT MARKET VALUES TO NET ASSETS WITHOUT DONOR RESTRICTIONS, FOR USE IN CURRENT AND FUTURE OPERATIONS. HOWEVER, DUE TO THE COVID-19 PANDEMIC, THERE HAVE BEEN CHANGES TO ACT 141 THAT HAVE ALLOWED FOR LARGER TRANSFERS TO HELP ORGANIZATIONS FACED WITH CHALLENGES FROM THE PANDEMIC. DUE TO THIS, THE UNIVERSITY ELECTED TO TRANSFER 10% AS OF JUNE 30, 2021 AND 2020. IN 2021 AND 2020, THE SPENDABLE RETURN APPROXIMATED $5,991,881 AND $6,055,828, RESPECTIVELY, AND WAS TRANSFERRED TO BOARD-DESIGNATED ENDOWMENT. THE UNIVERSITY SATISFIED ITS SPENDING PROVISIONS OF INDIVIDUAL ENDOWMENT AGREEMENTS, INCLUDING "MUST OR "SHALL" PROVISIONS, THROUGH THE USE OF OPERATING FUNDS WITHOUT DONOR RESTRICTIONS IN THE YEARS ASSETS APPROPRIATED WERE NOT DRAWN. THE UNIVERSITY BELIEVES THAT THIS SPENDING POLICY IS CONSISTENT WITH THE COMMONWEALTH OF PENNSYLVANIA'S GUIDELINES AND WITH THE UNIVERSITY'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS HELD IN PERPETUITY, AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. THE UNIVERSITY CLASSIFIES AS NET ASSETS WITH DONOR RESTRICTIONS THE ORIGINAL VALUE OF GIFTS DONATED TO THE ENDOWMENT AND THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE ENDOWMENT. THE UNDISTRIBUTED AMOUNTS EARNED ARE INCLUDED IN NET ASSETS WITH DONOR RESTRICTIONS. IN ACCORDANCE WITH ACT 141, THE UNIVERSITY HAS ADOPTED A WRITTEN INVESTMENT POLICY, OF WHICH A SECTION SPECIFICALLY RELATES TO THE ENDOWMENT. THE UNIVERSITY CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO SET A SPENDING RATE: 1. PROTECTING THE CORPUS OF THE ENDOWMENT FUND 2. PRESERVING THE SPENDING POWER OF THE ASSETS 3. OBTAINING MAXIMUM INVESTMENT RETURN WITH REASONABLE RISK AND OPERATIONAL CONSIDERATION 4. COMPLYING WITH APPLICABLE LAWS PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC AND HAS FURTHER BEEN DETERMINED TO BE A NONPRIVATE FOUNDATION UNDER SECTIONS 509(A)(1) AND 170(B)(1)(A)(II) OF THE IRC. ACCORDINGLY, NO PROVISION FOR TAXES HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE UNIVERSITY IS ALSO EXEMPT FROM STATE INCOME TAX UNDER APPLICABLE STATE STATUTES. CHATHAM INVESTMENTS LLC HAS BEEN ORGANIZED AS AN LLC, WHICH IS NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. HOWEVER, THE TAXABLE INCOME OR LOSS FROM THE RENEWABLE ENERGY MANAGEMENT ACTIVITIES OF CHATHAM INVESTMENTS LLC IS INCLUDED IN THE INCOME TAX RETURN OF THE UNIVERSITY. ACCORDINGLY, ANY INCOME FROM CHATHAM INVESTMENTS LLC THAT IS UNRELATED TO THE EXEMPT PURPOSES OF THE UNIVERSITY IS TREATED AS UNRELATED BUSINESS INCOME ON THE UNIVERSITY'S TAX RETURN. THE UNIVERSITY FOLLOWS THE FASB CODIFICATION TOPIC ON INCOME TAXES. THE TOPIC PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN CONSOLIDATED FINANCIAL STATEMENTS. THE UNIVERSITY'S CONSOLIDATED STATEMENTS OF FINANCIAL POSITION AT JUNE 30, 2022 AND 2021 DO NOT INCLUDE ANY LIABILITIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS; FURTHER, THE UNIVERSITY HAS NO UNRECOGNIZED TAX BENEFITS. THE UNIVERSITY IS NO LONGER SUBJECT TO EXAMINATION OF ITS TAX RETURNS FOR YEARS BEFORE 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: STUDENT SCHOLARSHIPS/FINANCIAL AID -28,175,432. GRANT RECLASS -7,988. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -2,730,328. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 2,730,328. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT SCHOLARSHIPS/FINANCIAL AID 28,175,432. GRANT RECLASS 7,988. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE RACIALLY NONDISCRIMINATORY POLICY IS REFERENCED IN PRINT DOCUMENTS AND IS PROMINENTLY DISCLOSED ON THE UNIVERSITY'S WEB PAGE. SCHEDULE E, PART I, LINE 6 CHATHAM UNIVERSITY RECEIVES VARIOUS GRANTS FROM GOVERNMENTAL AGENCIES TO FUND SCHOLARSHIPS AND EDUCATIONAL PROGRAM DEVELOPMENT. IN ADDITION, STUDENTS AT CHATHAM UNIVERSITY RECEIVE FEDERAL AND STATE SPONSORED FINANCIAL AID FOR PAYMENT OF TUITION AND FEES. 1 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS N/A 2487642 CENTRAL AMERICA AND THE CARIBBEAN 0 0 COSTA RICAN CHATHAM ABROAD TRIP EDUCATIONAL TRAVEL 43541 EAST ASIA AND THE PACIFIC 0 0 TAIWAN CHATHAM ABROAD TRIP EDUCATIONAL TRAVEL 8120 CENTRAL AMERICA AND THE CARIBBEAN 0 0 SCHOLARSHIP FOR STUDY ABROAD EDUCATIONAL TRAVEL 34344 EAST ASIA AND THE PACIFIC 0 0 SCHOLARSHIP FOR STUDY ABROAD EDUCATIONAL TRAVEL 10800 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 SCHOLARSHIP FOR STUDY ABROAD EDUCATIONAL TRAVEL 6000 MIDDLE EAST AND NORTH AFRICA 0 0 SCHOLARSHIP FOR STUDY ABROAD EDUCATIONAL TRAVEL 3000 0 0 0 0 0 0 2593447 0 2593447 SCHOLARSHIP FUNDS FOR STUDY ABROAD CENTRAL AMERICA AND THE CARIBBEAN 13 34344 APPLIED TO STUDENT ACCOUNT 0 N/A N/A SCHOLARSHIP FUNDS FOR STUDY ABROAD EAST ASIA AND THE PACIFIC 8 10800 APPLIED TO STUDENT ACCOUNT 0 N/A N/A SCHOLARSHIP FUNDS FOR STUDY ABROAD EUROPE (INCLUDING ICELAND AND GREENLAND) 5 6000 APPLIED TO STUDENT ACCOUNT 0 N/A N/A SCHOLARSHIP FUNDS FOR STUDY ABROAD MIDDLE EAST AND NORTH AFRICA 2 3000 APPLIED TO STUDENT ACCOUNT 0 N/A N/A 1 0 1 1 1 0 PART I, LINE 2: THE OFFICES OF ENROLLMENT MANAGEMENT AND FINANCIAL AID OVERSEE THE AWARDING OF BOTH NEED-BASED FINANCIAL AID AND MERIT-BASED SCHOLARSHIPS. ONCE A STUDENT HAS COMPLETED THE FINANCIAL AID APPLICATION PROCESS AND IS FOUND ELIGIBLE FOR NEED-BASED AND/OR MERIT BASED AID, THE STUDENT WILL RECEIVE A FINANCIAL AID PACKAGE DETAILING THE COMBINATION OF SOURCES USED TO PROVIDE FINANCIAL ASSISTANCE. GRANT FUNDS AWARDED TO STUDENTS ARE APPLIED DIRECTLY TO THEIR STUDENT ACCOUNTS. USAGE IS MONITORED BY VIRTUE OF DIRECT ACCOUNT POSTING. PART III ACCOUNTING METHOD: 1 ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT 425 SIXTH AVENUE SUITE 1100 PITTSBURGH PA 152191811 250965213 501(C)(3) 25000 0 N/A N/A PROGRAM SUPPORT 1 0 EDUCATIONAL GRANTS AND SCHOLARSHIPS 1832 28104276 N/A N/A PART I, LINE 2: THE OFFICES OF ENROLLMENT MANAGEMENT AND FINANCIAL AID OVERSEE THE AWARDING OF BOTH NEED-BASED FINANCIAL AID AND MERIT-BASED SCHOLARSHIPS. ONCE A STUDENT HAS COMPLETED THE FINANCIAL AID APPLICATION PROCESS AND IS FOUND ELIGIBLE FOR NEED-BASED AND/OR MERIT BASED AID, THE STUDENT WILL RECEIVE A FINANCIAL AID PACKAGE DETAILING THE COMBINATION OF SOURCES USED TO PROVIDE FINANCIAL ASSISTANCE. GRANT FUNDS AWARDED TO STUDENTS ARE APPLIED DIRECTLY TO THEIR STUDENT ACCOUNTS. USAGE IS MONITORED BY VIRTUE OF DIRECT ACCOUNT POSTING. X X X 1 1 X X X X X X 0 1 0 0 0 0 0 1 0 DAVID FINEGOLD PRESIDENT 406625 0 0 0 25262 0 120031 0 42262 0 594180 0 0 0 WALTER B FOWLER SR. VP-FINANCE & ADMIN 265558 0 0 0 8739 0 12766 0 18475 0 305538 0 0 0 DARLENE G MOTLEY DEAN, SCHOOL OF ARTS, SCIE 205366 0 0 0 2963 0 9886 0 18721 0 236936 0 0 0 JENNA TEMPLETON VP FOR ACADEMIC AFFAIRS 205491 0 0 0 2820 0 9893 0 16934 0 235138 0 0 0 CAREY MILLER VP FOR UNIVERSITY ADVANCEM 197159 0 0 0 1260 0 9333 0 3434 0 211186 0 0 0 WILLIAM T CAMPBELL VP MARKETING & COMMUNICATI 177646 0 0 0 1351 0 8612 0 17635 0 205244 0 0 0 PATRICIA DOWNEY DEAN, SCHOOL OF HEALTH SCI 183340 0 0 0 2534 0 8633 0 7597 0 202104 0 0 0 LOUIS G LEONARD DEAN, FALK SCHOOL FOR SUSTAINABILITY 184247 0 0 0 576 0 8633 0 6509 0 199965 0 0 0 AMY BECHER VP FOR ENROLLMENT MANAGEME 183476 0 0 0 1323 0 8964 0 5835 0 199598 0 0 0 PAUL D STEINHAUS CIO, DIRECTOR OF INFO TECH 155820 0 0 0 2067 0 7235 0 17204 0 182326 0 0 0 JENNIFER HOERSTER ASSOC. VP, FINANCE & ADMIN 148696 0 0 0 450 0 7120 0 15228 0 171494 0 0 0 ANTHONY GORECZNY PROFESSOR OF HEALTH SCIENC 135427 0 0 0 2396 0 4687 0 18029 0 160539 0 0 0 SEAN COLEMAN - VP OF PLANNING & ASSISTANT SECRETARY 136241 0 0 0 2379 0 6463 0 7215 0 152298 0 0 0 PART I, LINE 1A BASIC EMPLOYEE BENEFITS (INCLUDING HEALTH BENEFITS, LIFE INSURANCE, AND LONG-TERM CARE INSURANCE) ARE REPORTED ON SCHEDULE J, PART II, COLUMN (D). AS A CONDITION OF EMPLOYMENT, DR. FINEGOLD IS REQUIRED TO RESIDE IN UNIVERSITY HOUSING. THE VALUE ATTRIBUTED TO THEIR PERSONAL SPACE IS ALSO REPORTED ON SCHEDULE J, PART II, COLUMN (D). EMPLOYER CONTRIBUTIONS TO THE UNIVERSITY'S 403(B) PLAN, ARE REPORTED IN COLUMN (C). AMOUNTS REPORTED IN COLUMN (B)(III) ALSO INCLUDE INTERNAL REVENUE CODE SECTION 132 BENEFITS PROVIDED BY THE UNIVERSITY TO THE PRESIDENT. THE UNIVERSITY DOES NOT PROVIDE THE PRESIDENT WITH AN EXPENSE ACCOUNT FOR PERSONAL USE. SPOUSAL TRAVEL IS LIMITED BY THE TERMS OF THE PRESIDENT'S EMPLOYMENT AGREEMENT. CLUB MEMBERSHIPS: IN ORDER THAT THE PRESIDENT MAY ENTERTAIN POTENTIAL DONORS AND OTHER BUSINESS ASSOCIATES OF THE UNIVERSITY, THE UNIVERSITY PAYS OR REIMBURSES THE PRESIDENT FOR, THE PERIODIC DUES FOR MEMBERSHIP IN THE PITTSBURGH GOLF CLUB. DIRECT EXPENSES FOR UTILIZATION OF THE CLUBS ARE THE PRESIDENT'S RESPONSIBILITY, EXCEPT WHEN ATTRIBUTABLE TO UNIVERSITY BUSINESS. PART I, LINE 4B DURING THE FISCAL YEAR ENDED JUNE 30, 2022, CHATHAM UNIVERSITY MAINTAINED A SPLIT-DOLLAR LIFE INSURANCE POLICY AGREEMENT WITH DR. DAVID FINEGOLD. THE UNIVERSITY MADE $125,000 IN PREMIUM PAYMENTS DURING THE YEAR UNDER THE ARRANGEMENT. NO CASH PAYMENTS OTHER THAN PREMIUM PAYMENTS WERE MADE. PART I, LINE 7 DR. DAVID FINEGOLD RECEIVED A DEFERRED BONUS OF $110,838.50. THE BONUS IS REPORTED IN COLUMN (C) OF PART II. A MCKEESPORT INDUSTRIAL DEVELOPMENT AUTHORITY 251448115 2008-09-29 10000000 CAPITAL PURCHASES AND RENOVATIONS 0 0 0 B ALLEGHENY COUNTY HIGHER EDUCATION BUILDING AUTHORITY 251650137 2012-02-29 35870000 SEE DESCRIPTION IN PART VI FOLLOWING 0 0 0 C ALLEGHENY COUNTY HIGHER EDUCATION BUILDING AUTHORITY 251650137 2014-07-16 18000000 PHASE 1B CONSTRUCTION AT EDEN HALL CAMPUS 0 0 0 A 10000000 230035 800000 9200000 2009 0 0 1 1 B 10140000 35870000 2559375 230000 33080625 1 1 1 1 C 4190122 18000000 367054 17632946 0 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 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 1 0 0 0 0 0 B 0 0 0 0 1 0 0 0 0 C 0 0 0 0 0 0 0 0 0 A 0 B 0 C 0 SCHEDULE K, BOND ISSUE, BOND (B) ON FEBRUARY 29, 2012, ALLEGHENY COUNTY HIGHER EDUCATION BUILDING AUTHORITY ISSUED $35,870,000 AGGREGATE PRINCIPAL OF ITS UNIVERSITY REVENUE BONDS SERIES A OF 2012 ON BEHALF OF THE UNIVERSITY FOR THE PURPOSE OF CURRENT REFUNDING OF THE 1998 SERIES A BONDS AND 2002 SERIES A BONDS, AND THE CURRENT AND ADVANCE REFUNDING OF THE 2002 SERIES A BONDS. THE SERIES A OF 2012 BONDS BEAR INTEREST AT RATES RANGING FROM 2.0% TO 5.0%. INTEREST PAYMENTS ARE REQUIRED SEMIANNUALLY. PRINCIPAL PAYMENTS ARE REQUIRED ON SEPTEMBER 1 OF EACH YEAR, WITH THE FINAL PAYMENT DUE ON SEPTEMBER 1, 2035. DAVID FINEGOLD PRESIDENT SPLIT DOLLAR LIFE INSURANCE ARRANGEMENT X 375000 375000 0 1 1 375000 BROOKS BROADHURST BOARD MEMBER 3172304 PROVIDES DINING SERVICES 0 X 5 432295 COST OR SELLING PRICE 0 0 1 0 PART I, COLUMN (B): THE NUMBER SHOWN IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS WHO GIFT STOCK TO CHATHAM UNIVERSITY DURING THE YEAR ENDED JUNE 30, 2022. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL HAVE AUTHORITY TO ACT FOR THE BOARD OF TRUSTEES ON ALL MATTERS EXCEPT FOR THE FOLLOWING WHICH SHALL BE RESERVED FOR THE BOARD OF TRUSTEES (UNLESS THE BOARD OF TRUSTEES DIRECTS OTHERWISE): PRESIDENTIAL SELECTION AND TERMINATION; TRUSTEE AND BOARD OFFICER SELECTION; CHANGES IN INSTITUTIONAL MISSION AND PURPOSES; CHANGES TO THE CHATER; CHANGES TO THE BYLAWS; INCURRING OF CORPORATE INDEBTEDNESS IN EXCESS OF TEN PERCENT (10%) OF THE COLLEGE'S NET WORTH; SALE OF COLLEGE ASSETS OR TANGIBLE PROPERTY IN EXCESS OF ONE PERCENT (1%) OF THE COLLEGE'S NET WORTH; ADOPTION OF THE ANNUAL BUDGET; AND, CONFERRAL OF DEGREES. IN ADDITION TO ITS AUTHORITY TO TAKE ACTION ON MATTERS WHICH CANNOT OR SHOULD NOT BE DEFERRED TO THE BOARD'S NEXT SCHEDULED MEETING, PROCESS OR PROGRESS ON PLANNING GOALS, THE BOARD'S RESPONSIBILITY TO SUPPORT THE PRESIDENT AND ASSESS HER OR HIS PERFORMANCE AND SHALL REVIEW THE PRESIDENT'S COMPENSATION AND CONDITIONS OF EMPLOYMENT. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING INDIVIDUALS HAVE A BUSINESS RELATIONSHIP BY VIRTUE OF EMPLOYMENT BY OR CO-MEMBERSHIP ON THE BOARD OF DIRECTORS OF AN ENTITY (OR ENTITIES) UNRELATED TO CHATHAM UNIVERSITY: G. NICHOLAS BECKWITH III; LAURA FISHER.; W. DUFF MCCRADY; SANDRA RADER, DNP; BROOKS BROADHURST; DAVID FINEGOLD FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY SENIOR FINANCE MANAGEMENT AND THE PRESIDENT IN DETAIL. THE FORM IS THEN DISCUSSED AND REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. FOLLOWING COMMITTEE LEVEL REVIEW, THE APPROVED DOCUMENT IS PROVIDED TO THE FULL MEMBERSHIP OF THE BOARD BEFORE ELECTRONIC SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES SHALL DISCLOSE TO THE BOARD OF TRUSTEES ANY POSSIBLE CONFLICT OF INTEREST AT THE EARLIEST PRACTICAL TIME. FURTHERMORE, THE TRUSTEE SHALL ABSENT HERSELF OR HIMSELF FROM DISCUSSIONS OF, AND ABSTAIN FROM VOTING ON, SUCH MATTERS UNDER CONSIDERATION BY THE BOARD OF TRUSTEES OR ITS COMMITTEES. THE MINUTES OF SUCH MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE AND THAT THE TRUSTEE HAVING A CONFLICT, OR POSSIBLE CONFLICT, ABSTAINED FROM VOTING. ANY TRUSTEE WHO IS UNCERTAIN WHETHER A CONFLICT OF INTEREST MAY EXIST IN ANY MANNER MAY REQUEST THE BOARD OF TRUSTEES OR COMMITTEE TO RESOLVE THE QUESTION IN HER OR HIS ABSENCE BY MAJORITY VOTE. ANNUALLY, BOARD MEMBERS AND KEY EMPLOYEES SIGN A CONFLICT OF INTEREST DISCLOSURE FORM PROVIDED BY THE SECRETARY OF THE BOARD. THE SIGNED FORM IS THEN FORWARDED TO THE PRESIDENT'S OFFICE AND THE FINANCE DEPARTMENT TO BE LOGGED AND FILED FOR REFERENCE. ANY IDENTIFIED CONFLICTS ARE IMMEDIATELY BROUGHT TO THE ATTENTION OF THE EXECUTIVE COMMITTEE OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S COMPENSATION IS ESTABLISHED BY THE BOARD OF TRUSTEES THROUGH THE EXECUTIVE OR COMPENSATION COMMITTEE USING INDEPENDENT CONSULTANTS AND DATA FROM PEER INSTITUTIONS. COMPENSATION IS DOCUMENTED IN THE BOARD MINUTES AND IN A WRITTEN EMPLOYMENT CONTRACT. COMPENSATION LEVELS OF ALL EMPLOYEES, INCLUDING DIRECT REPORTS TO THE PRESIDENT, ARE MONITORED BY THE HUMAN RESOURCE DEPARTMENT, THE SENIOR VICE PRESIDENT OF FINANCE AND ADMINISTRATION, VICE PRESIDENT OF ACADEMIC AFFAIRS, AND THE PRESIDENT USING CUPA PEER INSTITUTION COMPARATIVE DATA ON AN ANNUAL BASIS. COMPENSATION INCREASES FOR DIRECT REPORTS TO THE PRESIDENT ARE GENERALLY INCLUDED IN THE ANNUAL MERIT BUDGET INCREASE POOL APPROVED BY THE BOARD OF TRUSTEES. FROM TIME TO TIME, THERE ARE EXTRAORDINARY COMPENSATION ISSUES RELATED TO DIRECT REPORTS TO THE PRESIDENTS AND IN THESE CASES, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES APPROVES ANY RELATED INCREASES, CONTRACTS, AGREEMENT SIDE LETTERS, OR SPECIAL CONSIDERATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S POLICIES, ORGANIZATIONAL DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE UNIVERSITY'S WEBSITE. FORM 990, PART VII, TRUSTEES EMERITI: THE FOLLOWING INDIVIDUALS ARE EMERITI TRUSTEES WHO MAY ATTEND ALL MEETINGS OF THE BOARD AND COMMITTEES, BUT SHALL HAVE NO VOTING RIGHTS: CORDELIA SURAN JACOBS, NANCY FOLLETT WAICHLER, MARTHA H. CARSON. FORM 990, PART XII, LINE 2C, FINANCIAL STATEMENTS AND REPORTING: THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS APPROVES THE APPOINTMENT OF THE INDEPENDENT ACCOUNTING FIRM ENGAGED TO AUDIT THE UNIVERSITY'S FINANCIAL STATEMENTS ON AN ANNUAL BASIS. IN ADDITION, THE AUDIT COMMITTEE REVIEWS DRAFT FINANCIAL STATEMENTS AND RECEIVES A REPORT ON THE RESULTS OF THE AUDIT FROM THE INDEPENDENT ACCOUNTANT. THE AUDIT COMMITTEE IS ALSO UPDATED REGARDING THE AUDIT BY THE SENIOR VICE PRESIDENT OF FINANCE FOR FINANCE AND ADMINISTRATION AND BY THE ASSISTANT VICE PRESIDENT FOR FINANCE AND ADMINISTRATION. CHATHAM INVESTMENTS LLC WOODLAND ROAD PITTSBURGH PA 15232 901022878 TO HOLD OWNERSHIP IN A SOLAR PV PROJECT PA 0 0 CHATHAM UNIVERSITY THE DIETRICH FOUNDATION 600 GRANT STREET SUITE 5360 PITTSBURGH PA 15219 364711746 SUPPORT, BENEFIT, PERFORM THE FUNCTIONS OF AND CARRY OUT PURPOSES OF C.U. PA 501(C)(3) TYPE I N/A 0 CHARITABLE GIFT ANNUITIES (3) ANNUITY PA N/A T 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0