2023-05-15T12:54:59-05:00 2022-06-30 340677006 MALONEY NOVOTNY LLC 1111 SUPERIOR AVE SUITE 700 CLEVELAND OH 441142540 990 2021-07-01 042103629 SIMMONS UNIVERSITY SIMM 6175213593 300 THE FENWAY BOSTON MA 02115 MEGHAN E KASS VP, CFO & TREASURER 6175213593 2023-05-10 1 MEGHAN KASS 999009999 CHRISTOPHER B ANDERSON P00226559 2163630100 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z LYNN PERRY WOOTEN 300 THE FENWAY BOSTON MA 02115 280672284 0 X WWW.SIMMONS.EDU X 1899 MA TO PROVIDE TRANSFORMATIVE LEARNING THAT LINKS PASSION AND LIFELONG PURPOSE. 23 22 2931 906 1516616 0 15134532 29177328 193213488 201126036 9071725 20214517 1809725 3900519 219229470 254418400 51399375 61975342 0 0 72989198 77703254 0 0 2752525 96543122 110371800 220931695 250050396 -1702225 4368004 600839705 569733532 322298844 333482757 278540861 236250775 X TO PROVIDE TRANSFORMATIVE LEARNING THAT LINKS PASSION AND LIFELONG PURPOSE. 0 0 72082784 50229319 73753544 INSTRUCTION - UNDERGRADUATE PROGRAMS: SIMMONS IS A PRIVATE, NONSECTARIAN INSTITUTION LOCATED IN BOSTON'S FENWAY AREA, AND CURRENTLY SERVES 1,924 UNDERGRADUATE INDIVIDUALS WHO WERE ASSIGNED FEMALE AT BIRTH, SELF-IDENTIFY AS WOMEN, OR DO NOT FIT INTO THE GENDER BINARY BUT WHO FEEL THEY BELONG IN A COMMUNITY OF WOMEN. DURING THE 2022 ACADEMIC YEAR, THE UNIVERSITY CONFERRED 414 BACCALAUREATE DEGREES. INSTRUCTION INCLUDES EXPENDITURES FOR THE UNDERGRADUATE PROGRAM AS WELL AS FINANCIAL AID PROVIDED BY THE UNIVERSITY TO STUDENTS IN THE FORM OF SCHOLARSHIPS AND GRANTS. APPROXIMATELY 98% OF UNDERGRADUATES RECEIVED FINANCIAL AID IN THE FORM OF SCHOLARSHIPS OR GRANTS FROM THE UNIVERSITY. 84932424 11643342 102888118 INSTRUCTION - GRADUATE PROGRAMS: SIMMONS CURRENTLY SERVES 5,257 STUDENTS IN GRADUATE PROGRAMS AT THE MASTER AND DOCTORAL LEVELS. THE UNIVERSITY'S GRADUATE PROGRAMS ARE CO-EDUCATIONAL. THESE PROGRAMS ARE HOUSED IN THE COLLEGE OF ORGANIZATIONAL, COMPUTATIONAL, AND INFORMATION SCIENCES (LIBRARY AND INFORMATION SCIENCE AND BUSINESS), COLLEGE OF SOCIAL SCIENCES, POLICY, AND PRACTICE (SOCIAL WORK AND PUBLIC POLICY), THE COLLEGE OF NATURAL, BEHAVIORAL, AND HEALTH SCIENCES (BEHAVIORAL ANALYSIS, HEALTH PROFESSIONS EDUCATION, NURSING, NUTRITION, PHYSICAL THERAPY) AND IN THE GWEN IFILL COLLEGE OF MEDIA, ARTS AND HUMANITIES (CHILDREN'S LITERATURE, GENDER AND SOCIAL STUDIES, HISTORY). THE UNIVERSITY OFFERS ONLINE PROGRAMS IN NURSING, SOCIAL WORK, BEHAVIORAL ANALYSIS, AND PUBLIC HEALTH REACHING ALL FIFTY STATES, THE DISTRICT OF COLUMBIA AND CANADA. DURING THE 2022 ACADEMIC YEAR, THE UNIVERSITY CONFERRED 1,520 GRADUATE DEGREES AND CERTIFICATES. INSTRUCTION INCLUDES EXPENDITURES FOR THE GRADUATE PROGRAMS AS WELL AS FINANCIAL AID. 58334570 102681 22920168 ACADEMIC SUPPORT AND STUDENT SERVICES - INCLUDES EXPENDITURES FOR ACTIVITIES THAT SUPPORT AND ENHANCE THE STUDENT'S EDUCATION, AS WELL AS CONTRIBUTE TO THEIR EMOTIONAL AND PHYSICAL WELL-BEING. INCLUDED IN THIS CATEGORY IS THE UNIVERSITY LIBRARY WHICH HOUSES OVER 150,000 PRINT VOLUMES, SUBSCRIBES TO AND/OR PROVIDES ACCESS TO 135,000 E-JOURNALS, 260,000 E-BOOKS, AND 136 ELECTRONIC DATABASES FOR ARTICLES, REFERENCE CONTENT, STATISTICS AND BEYOND. DURING FISCAL YEAR 2022, STUDENTS CHECKED OUT 750 BOOKS AND COURSE RESERVE ITEMS WITH DIGITAL CIRCULATION OF 140,000 TITLES. ALSO INCLUDED IN THIS CATEGORY IS THE UNIVERSITY'S HEALTH CENTER WHOSE STAFF HANDLED 3,435 STUDENT/PATIENT VISITS DURING FISCAL YEAR 2022. ANOTHER COMPONENT OF THIS CATEGORY IS THE CAREER EDUCATION CENTER WHICH HAD 2,223 STUDENT CONTACTS DURING FISCAL YEAR 2022 THROUGH MULTIPLE CHANNELS. 215349778 1 1 0 1 0 0 0 1 1 1 1 1 0 1 1 0 1 0 1 0 1 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 193 0 1 2931 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 23 22 1 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X JEFFREY PINKHAM 6175212010 300 THE FENWAY BOSTON MA 02115 LYNN PERRY WOOTEN PRESIDENT 40.00 0.00 X X 566286 0 97904 WILLIAM BELLAMY TRUSTEE 1.00 0.00 X 0 0 0 JANE BUYERS TRUSTEE, COMMITTEE CHAIR 5.00 0.00 X 0 0 0 AGENIA CLARK TRUSTEE, COMMITTEE CHAIR 5.00 0.00 X 0 0 0 BARBARA LATZ COHEN TRUSTEE, COMMITTEE CHAIR 5.00 0.00 X 0 0 0 DENISE COLL CLERK, TRUSTEE, COMMITTEE CHAIR 5.00 0.00 X X 0 0 0 TIFFANY DUFU TRUSTEE 1.00 0.00 X 0 0 0 JENNIFER ECKERT TRUSTEE 1.00 0.00 X 0 0 0 APRIL EVANS TRUSTEE, COMMITTEE CHAIR 5.00 0.00 X 0 0 0 ELIZABETH FENDER TRUSTEE, COMMITTEE CHAIR 5.00 0.00 X 0 0 0 MILLICENT GORHAM TRUSTEE 1.00 0.00 X 0 0 0 KAREN HAMMOND TRUSTEE 1.00 0.00 X 0 0 0 ROBERTO IFILL VICE CHAIR, TRUSTEE 5.00 0.00 X X 0 0 0 JULIE JOHNSON STAPLES TRUSTEE 1.00 0.00 X 0 0 0 ALIX LAAGER TRUSTEE 1.00 0.00 X 0 0 0 STACY MULLANEY TRUSTEE 1.00 0.00 X 0 0 0 REGINA M PISA CHAIR OF BOARD, TRUSTEE 10.00 0.00 X X 0 0 0 GRACE RICHARDSON TRUSTEE 1.00 0.00 X 0 0 0 KATHLEEN SCHULLER BLEAKIE TRUSTEE (UNTIL 6/22) 1.00 0.00 X 0 0 0 JEFFREY SINGER TRUSTEE, COMMITTEE CHAIR 5.00 0.00 X 0 0 0 WILLIAM SPECK TRUSTEE 1.00 0.00 X 0 0 0 WINSTON TABB TRUSTEE, COMMITTEE CHAIR 5.00 0.00 X 0 0 0 PAMELA J TOULOPOULOS TRUSTEE, COMMITTEE CHAIR 5.00 0.00 X 0 0 0 KATHLEEN ROGERS SVP,CHF.STAFF,GEN.COUN.(UNTIL 3/22) 40.00 0.00 X 263999 0 6726 MEGHAN KASS VP,CHIEF FIN.OFF.,TREAS.(AS OF 7/21) 40.00 0.00 X 161065 0 22803 GRETCHEN GROGGEL RALSTON VP,GEN.COUN.&SECR.OF BD.(AS OF 5/22) 40.00 0.00 X 169883 0 35218 SUSAN BRADY CEO,INST.FOR INCLUSIVE LEADERSHIP 40.00 0.00 X 300450 0 4347 STEPHANIE BERZIN VICE PROVOST 40.00 0.00 X 270585 0 35560 LEPAINE SHARP-MCHENRY DEAN 40.00 0.00 X 245271 0 24391 MARIE DESJARDINS DEAN (UNTIL 3/22) 40.00 0.00 X 244962 0 30340 RENIQUE KERSH VP, STUDENT AFFAIRS(AS OF 2/21) 40.00 0.00 X 225321 0 24520 DEBRA PEREZ SVP, ORG.CULTURE(UNTIL 7/20) 0.00 0.00 X 175000 0 0 SUZANNE MURPHY VP,CHIEF PEOPLE OFFICER(UNTIL 11/22) 40.00 0.00 X 220560 0 28770 LAURA BRINK PISINSKI VP,REAL EST.DEV.&FACIL.MGMT. 40.00 0.00 X 200588 0 14971 KERRI BROPHY VP,ENROLLMENT MANAGEMENT 40.00 0.00 X 200578 0 33540 MIKE BARONE FORMER INT.VP-FIN.&TREAS.(UNTIL 6/21) 40.00 0.00 X 290558 0 0 3535106 0 359090 104 1 1 0 LEE KENNEDY CO INC 122 QUINCY SHORE DR QUINCY MA 02171 CONSTRUCTION SERVICES 56460444 2U INC 8201 CORPORATE DRIVE S 900 LANDOVER MD 20785 ONLINE PROGRAM PARTNER 42789750 ARAMARK SERVICES INC PO BOX 978839 DALLAS TX 75397 FOOD SERVICES 3209941 C&W FACILITY SERVICES INC 275 GROVE ST STE 3-200 AUBURNDALE MA 02466 FACILITIES MGMT.SERVICES 2645120 GALLUP INC 1001 GALLUP DR OMAHA NE 68102 ENROLLMENT&HR CONSULTING 1675725 43 11203487 17973841 1364752 29177328 TUITION AND FEES 900099 176641662 176641662 RESIDENCE & DINING 900099 15101648 15101648 AUXILIARY & OTHER OP. REVENUE 900099 9382726 7818520 1564206 201126036 4561401 -74392 4635793 3900519 0 3900519 3900519 26802 3873717 41907000 26253884 15653116 15653116 15653116 254418400 199561830 1516616 24162626 102681 102681 61819661 61819661 53000 53000 1653574 1543174 110400 62773212 49361417 12257057 1154738 1656191 1306072 332998 17121 6747100 5349100 1328252 69748 4873177 3842988 979813 50376 508033 18362 489671 358100 358100 957632 957632 3819492 2895396 916031 8065 427492 270352 157140 492925 445151 47351 423 3553551 617992 2740002 195557 7485659 5935017 1550642 760631 611061 136587 12983 296082 200646 90294 5142 7433372 6709767 360113 363492 14709212 10865906 3207366 635940 1010945 13467 997459 19 DIST.LEARNING-PARTNER S 42336483 42336483 CONTRACTED SERVICES 16507419 14270770 2209440 27209 FOOD SERVICE EXPENSE 6000574 5590943 386808 22823 LIBRARY EXPENSES 1158786 1158786 2555412 1574760 902163 78489 250050396 215349778 31948093 2752525 71588695 9052096 2259414 7552349 10873006 9491507 1417644 933099 7258530 7632570 469879826 210207982 203223803 259671844 98725243 90902599 146991411 123176000 58501959 61321468 600839705 569733532 23544647 17575885 899554 1381641 18058004 20507784 223841474 280735498 603939 667264 50000000 0 5351226 12614685 322298844 333482757 X 72784235 49066460 205756626 187184315 278540861 236250775 600839705 569733532 X 4368004 -45305127 -1352963 X 0 1 X 1 1 1 X 11810267 9527998 12877179 15134532 29177328 78527304 11810267 9527998 12877179 15134532 29177328 78527304 4105733 74421571 5656687 6904842 7066601 5879372 8461920 33969422 112496726 1045697753 0.66150 0.64790 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 1 1 0 PART II-B, LINE 1: SIMMONS UNIVERSITY IS A MEMBER OF VARIOUS EDUCATIONAL ASSOCIATIONS WHICH MAY ENGAGE IN LOBBYING ACTIVITIES ON BEHALF OF COLLEGES AND UNIVERSITIES FROM WHICH SIMMONS MAY BENEFIT. SIMMONS UNIVERSITY IS NOT AWARE OF THE ACTUAL AMOUNT OF MEMBER FEES ASSOCIATED WITH SUCH LOBBYING EFFORTS. X X X 0 0 1 X 244268268 5784421 -26333944 6386479 5050620 212281646 190425355 1395808 63821666 3694628 7679933 244268268 195674424 1797413 4023547 3742274 7327755 190425355 194860622 2366885 7480824 3085369 5948538 195674424 188165010 2085062 13449854 2845930 5993374 194860622 0.24460 0.38570 0.36970 0 0 815000 815000 372687553 141009323 231678230 14246375 4195569 10050806 82130898 65003090 17127808 259671844 PRIVATE EQUITY 34552000 F HEDGE FUNDS 34572000 F EQUITY SECURITIES 54040000 F REAL ESTATE CERTIFICATES 12000 F 123176000 DEPOSIT WITH BOND TRUSTEE 47240465 FUNDS HELD IN TRUST 9503855 FUNDS HELD IN ESCROW 3538944 OTHER ASSETS 1038204 61321468 U.S. GOVERNMENT LOAN ADVANCES 987459 ASSET RETIREMENT OBLIGATIONS 2104762 ANNUITIES & REMAINDER INT. PAYABLE 757687 DEPOSIT PAYABLE 764777 CONTRACTUAL OBLIGATIONS 8000000 12614685 148660402 -45305127 -59495239 -104800366 253460768 957632 957632 254418400 190950488 0 190950488 957632 58142276 59099908 250050396 PART III, LINE 4: DESCRIPTION OF ART COLLECTION: THE SIMMONS UNIVERSITY ART COLLECTION IS COMPRISED OF PAINTINGS, DRAWINGS, PRINTS, SCULPTURE, AND PHOTOGRAPHY WHICH IS USED TO SUPPORT THE UNIVERSITY'S CURRICULUM. PART IV, LINE 2B: ESCROW AND CUSTODIAL ARRANGEMENT: THE UNIVERSITY MAINTAINS AGENCY ACCOUNTS FOR ALUMNAE/I AND STUDENT GROUPS. THE UNIVERSITY ACTS AS A FISCAL AGENT FOR THE FUNDS. PART V, LINE 4: INTENDED USES OF ENDOWMENT FUNDS: THE SIMMONS ENDOWMENT FUND IS USED TO SUPPORT THE EDUCATIONAL MISSION OF THE UNIVERSITY. IT IS INTENDED TO PROVIDE AN INTERGENERATIONAL SOURCE OF FUNDING FOR STUDENT SCHOLARSHIPS, RESEARCH, INSTRUCTIONAL PROGRAMS, AND GENERAL OPERATIONS OF THE UNIVERSITY. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST TRUSTS -1,352,963. STUDENT FINANCIAL AID -58,142,276. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 58,142,276. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 A DESCRIPTION OF THE UNIVERSITY'S NON-DISCRIMINATORY POLICY IS PUBLISHED IN ITS ADMISSION AND RECRUITING PUBLICATIONS AND IN THE STUDENT HANDBOOK. IT IS ALSO POSTED IN SEVERAL LOCATIONS ON THE UNIVERSITY'S WEBSITE UNDER "POLICIES," THE OFFICE OF GENERAL COUNSEL, AND HUMAN RESOURCES. SCHEDULE E, PART I, LINE 6 SIMMONS UNIVERSITY RECEIVES FUNDING FROM VARIOUS FEDERAL AND STATE GOVERNMENTAL AGENCIES, INCLUDING HIGHER EDUCATION EMERGENCY RELIEF FUNDS UNDER THE CARES ACT WHICH WERE PASSED TO STUDENTS, IN SUPPORT OF THE UNIVERSITY'S EDUCATIONAL MISSION. 1 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 32443214 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES ACADEMIC SUPPORT 12654 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES INSTITUTIONAL SUPPORT 36102 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES INSTRUCTION 94876 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 5929772 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES INSTITUTIONAL SUPPORT 29355 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES INSTRUCTION 450 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES ACADEMIC SUPPORT 360 0 0 0 0 0 0 38546783 0 38546783 STUDENT FINANCIAL AID EUROPE (INCLUDING ICELAND & GREENLAND) 5 53000 CHECK/POSTED TO STUDENTS' ACCOUNTS 0 1 0 0 0 1 0 PART I, LINE 2: MONITORING USE OF GRANT FUNDS - FUNDS ARE TRACKED THROUGH THE UNIVERSITY'S ACCOUNTING SYSTEM BY FINANCE PERSONNEL TO ENSURE THAT EXPENDITURES ARE FOR THE INTENDED PURPOSE. PART III ACCOUNTING METHOD: PART I - ADDITIONAL INFORMATION: SIMMONS UNIVERSITY'S FACULTY AND STAFF TRAVEL INTERNATIONALLY AS PART OF THEIR DUTIES AND INCUR EXPENDITURES IN SUPPORT OF INSTRUCTION, PROFESSIONAL DEVELOPMENT, AND INSTITUTIONAL SUPPORT. DUE TO THE WORLDWIDE COVID-19 PANDEMIC AND RELATED TRAVEL RESTRICTIONS, THE UNIVERSITY SUBSTANTIALLY REDUCED INTERNATIONAL TRAVEL. 1 ASSOCOF TRIBAL ARCHIVES LIBRARIES AND MUSEUMS 6308 HARDEN OKLAHOMA CITY OK 73118 273853278 501(C)(3) 16422 0 GENERAL PRESIDENT AND FELLOWS OF HARVARD COLLEGE 1033 MASSACHUSETTS AVE CAMBRIDGE MA 02138 042103580 501(C)(3) 45190 0 GENERAL GREATER BOSTON CHAMBER OF COMMERCE 265 FRANKLIN ST BOSTON MA 02110 041103090 501(C)(6) 10000 0 GENERAL 2 1 STUDENT FINANCIAL AID 3476 58655464 0 STUDENT STIPENDS 2536 3164197 0 PART I, LINE 2: FOR INDIVIDUAL RECIPIENTS OF GRANTS, ACADEMIC EXCELLENCE AND DEMONSTRATED FINANCIAL NEED ARE USED TO DETERMINE EACH STUDENT'S FINANCIAL AID. THE FINANCIAL AID CONSISTS OF ANY COMBINATION OF GRANTS AND LOANS AND ARE REVIEWED EACH YEAR BASED ON A STUDENT'S ACADEMIC RECORD AND/OR DEMONSTRATED NEED. THE FREE APPLICATION FOR FEDERAL STUDENT AID, WHICH HELPS TO ESTABLISH A STUDENT'S FINANCIAL NEED, SERVES AS THE APPLICATION FOR TUITION SCHOLARSHIPS. SIMMONS UNIVERSITY ALSO PASSES GRANTS THROUGH TO OTHER SECTION 501(C)(3) ORGANIZATIONS THAT ARE SUBRECIPIENTS OF GRANT FUNDS AND MAKES GRANTS TO OTHER TAX-EXEMPT ORGANIZATIONS ON OCCASION. X X X X 0 1 X X X X X 1 1 0 0 0 0 0 0 0 LYNN PERRY WOOTEN PRESIDENT 539988 0 0 0 26298 0 69500 0 28404 0 664190 0 0 0 STEPHANIE BERZIN VICE PROVOST 270228 0 0 0 357 0 3313 0 32247 0 306145 0 0 0 SUSAN BRADY CEO,INST.FOR INCLUSIVE LEADERSHIP 300000 0 0 0 450 0 3250 0 1097 0 304797 0 0 0 MIKE BARONE FORMER INT.VP-FIN.&TREAS.(UNTIL 6/21 290558 0 0 0 0 0 0 0 0 0 290558 0 0 0 MARIE DESJARDINS DEAN (UNTIL 3/22) 243930 0 0 0 1032 0 3125 0 27215 0 275302 0 0 0 KATHLEEN ROGERS SVP,CHF.STAFF,GEN.COUN.(UNTIL 3/22) 261550 0 0 0 2449 0 3300 0 3426 0 270725 0 0 0 LEPAINE SHARP-MCHENRY DEAN 242972 0 0 0 2299 0 3125 0 21266 0 269662 0 0 0 RENIQUE KERSH VP, STUDENT AFFAIRS(AS OF 2/21) 205121 0 20000 0 200 0 0 0 24520 0 249841 0 0 0 SUZANNE MURPHY VP,CHIEF PEOPLE OFFICER(UNTIL 11/22) 219406 0 0 0 1154 0 2875 0 25895 0 249330 0 0 0 KERRI BROPHY VP,ENROLLMENT MANAGEMENT 199690 0 0 0 888 0 2625 0 30915 0 234118 0 0 0 LAURA BRINK PISINSKI VP,REAL EST.DEV.&FACIL.MGMT. 200309 0 0 0 279 0 2563 0 12408 0 215559 0 0 0 GRETCHEN GROGGEL RALSTON VP,GEN.COUN.&SECR.OF BD.(AS OF 5/22) 169739 0 0 0 144 0 2125 0 33093 0 205101 0 0 0 MEGHAN KASS VP,CHIEF FIN.OFF.,TREAS.(AS OF 7/21) 150244 0 10000 0 821 0 3938 0 18865 0 183868 0 0 0 DEBRA PEREZ SVP, ORG.CULTURE(UNTIL 7/20) 0 0 0 0 175000 0 0 0 0 0 175000 0 0 0 PART I, LINE 1A BENEFITS PROVIDED TO CERTAIN EMPLOYEES - THE UNIVERSITY HAS LEASED A HOME FOR LYNN PERRY WOOTEN THAT IS USED AS A PERSONAL RESIDENCE AND ALSO TO HOLD FUNCTIONS AND EVENTS ON BEHALF OF SIMMONS UNIVERSITY. BECAUSE THE UNIVERSITY REQUIRES PRESIDENT WOOTEN TO LIVE IN PROXIMITY TO CAMPUS AND BE AVAILABLE DURING NON-BUSINESS HOURS FOR UNIVERSITY MATTERS, THE HOUSING BENEFIT IS NOT CONSIDERED AS TAXABLE INCOME IN ACCORDANCE WITH CODE SECTION 119(D). SOCIAL CLUB DUES WERE PAID BY THE UNIVERSITY ON BEHALF OF THE PRESIDENT. USE OF THE SOCIAL CLUB IS FOR BUSINESS PURPOSES ONLY AND DUES ARE NOT INCLUDED IN TAXABLE WAGES. CONSISTENT WITH UNIVERSITY POLICY, FOR HEALTH REASONS, THE CHAIR OF THE BOARD HAS APPROVED THE PRESIDENT TO FLY BUSINESS OR FIRST CLASS FOR EXTENDED FLIGHTS WHEN TRAVELING ON BUSINESS FOR THE UNIVERSITY. THE UNIVERSITY PROVIDES THE PRESIDENT WITH OTHER BENEFITS THAT ARE INCLUDED IN TAXABLE WAGES. THIS INCLUDES CLEANING SERVICES AT THE PRESIDENT'S RESIDENCE, A CAR ALLOWANCE AND DEPENDENT TUITION ASSISTANCE. PART I, LINE 1B WRITTEN POLICY FOR EXPENSE REIMBURSEMENTS - THE UNIVERSITY HAS A WRITTEN POLICY REGARDING FIRST CLASS AND SPOUSAL TRAVEL. ON OCCASION, OTHER BENEFITS LISTED IN QUESTION 1A OF SCHEDULE J, PART I MAY BE PROVIDED, BUT ONLY PURSUANT TO A VOTE OF APPROVAL BY THE BOARD OF TRUSTEES. PART I, LINES 4A-B SEVERANCE PAYMENTS - DEBRA PEREZ RECEIVED SEVERANCE PAYMENTS TOTALLING $175,000. SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN - PRESIDENT WOOTEN PARTICIPATED IN A SECTION 457(B) AND SECTION 457(F) DEFERRED COMPENSATION PLAN. THE UNIVERSITY CONTRIBUTED $19,500 TO THE SECTION 457(B) PLAN. THE UNIVERSITY CREDITED $50,000 FOR PRESIDENT WOOTEN TO A SECTION 457(F) PLAN. THIS AMOUNT IS NOT YET VESTED. A SIMMONS COLLEGE MDFA REVENUE BOND SERIES H 043431814 57583RJG1 2007-01-04 45343798 REFUNDING SERIES C, D, AND F BONDS 0 0 0 B SIMMONS COLLEGE MDFA REVENUE BOND SERIES J 043431814 57583UYQ5 2013-09-05 19156227 REFINANCE SERIES F & I BONDS 0 0 0 C SIMMONS COLLEGE MDFA REVENUE BOND SERIES K-1 043431814 57584XAN1 2015-07-08 37550169 REFIN.SERIES C&I 0 0 0 D SIMMONS COLLEGE MDFA REVENUE BOND SERIES L 043431814 57584YMB2 2018-08-27 48134737 REFUNDING SERIES G BONDS 0 0 0 A 18630829 45343798 575599 485410 44282763 0 1 1 1 B 93208 19156227 15484557 374131 3297539 1 1 1 1 C 37550169 28874572 502539 8173058 1 1 1 1 D 2007866 48134737 47390000 744737 2018 1 0 1 1 A 0 1 1 1 0 0.01990 0.01990 0 0 1 B 1 1 1 1 0 0.00130 0.00130 0 0 1 C 0 0 1 1 0 0.00100 0.00100 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: SIMMONS COLLEGE MDFA REVENUE BOND SERIES H DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2022 ISSUER NAME: SIMMONS COLLEGE MDFA REVENUE BOND SERIES J DATE THE REBATE COMPUTATION WAS PERFORMED: 09/05/2022 ISSUER NAME: SIMMONS COLLEGE MDFA REVENUE BOND SERIES K-1 DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2022 ISSUER NAME: SIMMONS COLLEGE MDFA REVENUE BOND SERIES L DATE THE REBATE COMPUTATION WAS PERFORMED: 08/11/2022 SCHEDULE K, PART II, LINE 3, COLUMN C: $31,140,000 OF THE MHEFA REVENUE BOND SERIES I PROCEEDS WERE USED TO REFUND SERIES E BONDS. SCHEDULE K, PART II, LINE 13, COLUMN B: THE YEAR OF SUBSTANTIAL COMPLETION FOR THE MDFA REVENUE BONDS SERIES H HAS BEEN LEFT BLANK BECAUSE THIS ISSUE WAS ENTIRELY FOR AN ADVANCE REFUNDING. A SIMMONS UNIVERSITY MDFA REVENUE BOND SERIES M 043431814 57584YYM5 2020-04-02 91002665 BUILDING CONSTRUCTION 0 0 0 A 881755 91002665 1003655 89959436 39574 0 0 0 1 A 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 X 78 1364752 FMV 0 0 1 1 PART I, LINE 32B: USE OF THIRD PARTIES - THE UNIVERSITY UTILIZES THE SERVICES OF A BROKER TO SELL DONATED SECURITIES. THE FEES CHARGED BY THE BROKER ARE AT OR BELOW FAIR MARKET VALUE. FORM 990, PART VI, SECTION A, LINE 1A AUTHORITY OF EXECUTIVE COMMITTEE: THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES CONSISTS OF THE CHAIR AND THE VICE CHAIR OF THE BOARD OF TRUSTEES; THE PRESIDENT; THE CHAIRS OF THE FINANCE COMMITTEE, THE AUDIT COMMITTEE, THE COMMITTEE ON TRUSTEESHIP AND GOVERNANCE, THE ADVANCEMENT COMMITTEE, THE EXECUTIVE DEVELOPMENT AND COMPENSATION COMMITTEE, THE INVESTMENT COMMITTEE, THE FACULTY REVIEW COMMITTEE, STUDENT EXPERIENCE COMMITTEE AND ACADEMIC EXCELLENCE COMMITTEE; THE CLERK; AND ANY OTHER TRUSTEES MAY BE DESIGNATED BY THE BOARD OF TRUSTEES FROM TIME TO TIME. IN BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE HAS THE FULL POWER AND AUTHORITY OF THE BOARD OF TRUSTEES, EXCEPT TO SELL REAL ESTATE AND TO CONFER DEGREES. FORM 990, PART VI, SECTION A, LINE 2 REPORTABLE RELATIONSHIPS - APRIL EVANS AND TIFFANY DUFU HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 AND FORM 990, PART VI, SECTION B, LINE 7A: MEMBERS AND POWERS OF THE MEMBERS: SIMMONS CURRENTLY HAS 23 CORPORATORS (THE CORPORATION) AS OF JUNE 30, 2022: 23 MEMBERS OF THE BOARD OF TRUSTEES. THE CORPORATION'S PRIMARY DUTIES ARE TO ELECT ANNUALLY THE TRUSTEE MEMBERSHIP AND AMEND THE SIMMONS' BY-LAWS. FORM 990, PART VI, SECTION A, LINE 7A SEE EXPLANATION FOR LINE 6A ABOVE. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990: THE BOARD OF TRUSTEES HAS DELEGATED THE RESPONSIBILITY OF REVIEWING FORM 990 TO THE EXECUTIVE DEVELOPMENT AND COMPENSATION COMMITTEE. THE REVIEW OF THE FORM IS FACILITATED BY THE OUTSIDE PUBLIC ACCOUNTING FIRM THAT PREPARES THE RETURN. THE COMPENSATION SECTIONS OF FORM 990 ARE REVIEWED BY THE COMPENSATION COMMITTEE. BEFORE FILING, FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 PROVIDED TO GOVERNING BODY - THE UNIVERSITY BELIEVES THAT DONOR INFORMATION ON SCHEDULE B IS PRIVATE AND CONFIDENTIAL. AS SUCH, IT HAS PROVIDED A COPY OF FORM 990 TO THE ENTIRE BOARD BUT HAS REDACTED DONORS' NAMES AND ADDRESSES FROM SCHEDULE B. BECAUSE OF THIS DECISION, WE ARE REQUIRED TO ANSWER "NO" TO THE QUESTION ON LINE 11A OF PART VI EVEN THOUGH THE BOARD HAS RECEIVED A COPY OF FORM 990 (EXCEPT FOR DONOR INFORMATION ON SCHEDULE B). THE DONOR INFORMATION ON SCHEDULE B HAS BEEN REVIEWED BY THE CHAIR OF THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICT POLICY: IN ITS CONFLICT OF INTEREST DISCLOSURE FORM, THE UNIVERSITY ASKS ALL TRUSTEES AND OFFICERS TO DECLARE ANY CONFLICT OF INTEREST. COMPLETED CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE REVIEWED BY THE GENERAL COUNSEL WHO ALSO SERVES AS THE SECRETARY OF THE BOARD. THE GENERAL COUNSEL PREPARES A WRITTEN REPORT FOR THE AUDIT COMMITTEE WHICH SETS FORTH ALL DISCLOSURES OR COMMENTS MADE BY RESPONDENTS CONCERNING POTENTIAL OR ACTUAL CONFLICTS, AND THAT REPORT IS PRESENTED TO THE AUDIT COMMITTEE, PRESIDENT, AND BOARD CHAIR FOR DISCUSSION AND NECESSARY FOLLOW-UP EACH YEAR. AT A MINIMUM, THOSE WITH CONFLICTS ARE INSTRUCTED TO REFRAIN FROM VOTING ON MATTERS WHERE THERE ARE OR MAY BE PERCEIVED TO BE A CONFLICT AND TO RECUSE THEMSELVES DURING ANY DISCUSSION OF THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW AND APPROVAL: THE EXECUTIVE DEVELOPMENT AND COMPENSATION COMMITTEE IS GOVERNED BY A DETAILED CHARTER WHICH GRANTS IT JURISDICTION OVER COMPENSATION MATTERS FOR ALL SIMMONS OFFICERS, INCLUDING THE PRESIDENT. THE COMMITTEE'S DECISIONS ARE INFORMED BY THE UNIVERSITY'S SENIOR LEADERSHIP COMPENSATION PHILOSOPHY WHICH REQUIRES THE USE OF COMPARATOR MARKET DATA AND CONSIDERATION OF MEDIAN AND MARKET PERCENTILES WHEN SETTING BASE SALARIES FOR NEW OFFICER HIRES. THE EXECUTIVE DEVELOPMENT AND COMPENSATION COMMITTEE ALSO REVIEWS THE PERFORMANCE OF SENIOR LEADERS/OFFICERS AGAINST SALARY DATA PREPARED BY EXTERNAL COMPENSATION EXPERTS WHEN CONSIDERING RAISES. THE MEMBERS OF THE EXECUTIVE DEVELOPMENT AND COMPENSATION COMMITTEE ARE INDEPENDENT OF THE EMPLOYEES FOR WHOM COMPENSATION DECISIONS ARE BEING MADE. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS: SIMMONS UNIVERSITY'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST TRUSTS -1,352,963. CHARITABLE REMAINDER TRUST (4) CHARITABLE TRUST MA SIMMONS UNIVERSITY 1 CHARITABLE REMAINDER TRUST (1) CHARITABLE TRUST OH SIMMONS UNIVERSITY 1 PERPETUAL TRUST(1) PERPETUAL TRUST MA SIMMONS UNIVERSITY 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1