2023-04-28T14:29:21-05:00 2022-06-30 366055558 GRANT THORNTON LLP 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2021-07-01 941156525 DOMINICAN UNIVERSITY OF CALIFORNIA DOMI 4154574440 50 ACACIA AVENUE SAN RAFAEL CA 94901 ROB KINNARD VP FINANCE & ADMIN 4154574440 2023-04-28 1 ROB KINNARD XXX-XX-XXXX DANIEL ROMANO P00504182 4159863900 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z NICOLA PITCHFORD 50 ACACIA AVENUE SAN RAFAEL CA 94901 100218528 0 X HTTPS://HOME.DOMINICAN.EDU/ X 1890 CA OUR INSTITUTIONAL MISSION IS TO EDUCATE AND PREPARE STUDENTS TO BE ETHICAL (CONTINUED IN SCH O) LEADERS AND SOCIALLY RESPONSIBLE GLOBAL CITIZENS WHO INCORPORATE THE DOMINICAN VALUES OF STUDY, REFLECTION, COMMUNITY AND SERVICE INTO THEIR LIVES. 26 24 1062 23 47651 0 6736088 10133893 69337033 80229199 1791988 2144458 25645 147581 77890754 92655131 27741232 31889028 0 0 38986619 40251609 0 0 1794978 18198561 20447794 84926412 92588431 -7035658 66700 123175077 118721210 38166074 40509309 85009003 78211901 X SEE SCHEDULE O 0 0 76767935 31889028 80229199 THE UNIVERSITY PROVIDES ADVANCED EDUCATIONAL SERVICES TO APPROXIMATELY 2,014 UNDERGRADUATE AND GRADUATE STUDENTS. DOMINICAN IS RANKED AMONG THE TOP 20 REGIONAL UNIVERSITIES IN THE WEST BY U.S. NEWS & WORLD REPORT, LISTED 174 OUT OF 3,410 INSTITUTIONS NATIONWIDE FOR PROVIDING THE HIGHEST RETURN ON INVESTMENT TO LOW-INCOME STUDENTS (GEORGETOWN UNIVERSITY CENTER ON EDUCATION AND THE WORKFORCE, 2022). IN THE SAME STUDY, DOMINICAN RANKED 9 OF 43 PRIVATE, NONPROFIT UNDERGRADUATE INSTITUTIONS IN CALIFORNIA. 76767935 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 2282 0 1 1062 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 26 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X ROB KINNARD 4154583726 50 ACACIA AVENUE SAN RAFAEL CA 94901 MARY B MARCY PRESIDENT EMERITA 40.00 0.00 X X 340520 0 135542 NICOLA PITCHFORD PRESIDENT (BEG 07/21) 40.00 0.00 X X 314752 0 149078 YUNG JAE LEE DEAN - BAROWSKY SCHOOL OF BUS 40.00 0.00 X 264962 0 42701 MOJGAN BEHMAND VP ACADEMIC AFRS & FACULTY DEAN 40.00 0.00 X 241594 0 34333 MARLY NORRIS VP ADVANCEMENT/PUBLIC AFFAIRS 40.00 0.00 X 217286 0 40938 PAUL RACCANELLO VP STUDENT AFFAIRS & ENROLL 40.00 0.00 X 181546 0 53522 RUTH RAMSEY DEAN - HEALTH & NATURAL SCI. 40.00 0.00 X 193036 0 40903 CHRISTOPHER LEEDS PROFESSOR BAROWSKY SCHOOL OF BUS 40.00 0.00 X 192298 0 25276 GULRIZ GOKCEK DEAN - LIBERAL ARTS & EDU. 40.00 0.00 X 190000 0 16863 ANTHONY DECOCINIS VP FINANCE & ADMIN (THRU 06/21) 40.00 0.00 X 141866 0 28637 ROBERT HITE 0621 - 0422 INTERIM VP FINANCE & ADMIN 40.00 0.00 X 142046 0 61 ROB KINNARD VP OF FINANCE & ADMIN (BEG 04/22) 40.00 0.00 X 0 0 0 CAROLYN KLEBANOFF CHAIR 1.00 0.00 X X 0 0 0 ROSEMARY MORGAN VICE-CHAIR 1.00 0.00 X X 0 0 0 WILLIAM F DAGLEY TREASURER 1.00 0.00 X X 0 0 0 SISTER MARGARET DIENER OP SECRETARY 1.00 0.00 X X 0 0 0 DOUG CARLSTON TRUSTEE 1.00 0.00 X 0 0 0 MEL ATKINS TRUSTEE 1.00 0.00 X 0 0 0 MARY JANE BURKE TRUSTEE 1.00 0.00 X 0 0 0 JAMIE FERRARE TRUSTEE 1.00 0.00 X 0 0 0 CHARLIE FRANCIS TRUSTEE 1.00 0.00 X 0 0 0 PEPE GONZALEZ TRUSTEE 1.00 0.00 X 0 0 0 SR BARBARA GREEN TRUSTEE 1.00 0.00 X 0 0 0 DONNA HALE TRUSTEE 1.00 0.00 X 0 0 0 DEIRDRE HOCKETT TRUSTEE 1.00 0.00 X 0 0 0 ROBERT B MADDOW TRUSTEE 1.00 0.00 X 0 0 0 ANDREW MATHIESON TRUSTEE 1.00 0.00 X 0 0 0 BERNARD MIZEL TRUSTEE 1.00 0.00 X 0 0 0 ROBERT STILES TRUSTEE 1.00 0.00 X 0 0 0 WENDY TONKIN TRUSTEE 1.00 0.00 X 0 0 0 KATHY TIERNEY TRUSTEE-ALUMNI REP 1.00 0.00 X 0 0 0 DENISE WANG-KLINE TRUSTEE 1.00 0.00 X 0 0 0 BRIAN MOORE TRUSTEE-ALUMNI REP 1.00 0.00 X 0 0 0 KATHY DELL TRUSTEE 1.00 0.00 X 0 0 0 MARCIA BARAHONA TRUSTEE 1.00 0.00 X 0 0 0 SU-MOON PAIK TRUSTEE 1.00 0.00 X 0 0 0 2419906 0 567854 81 1 1 0 EPICUREAN GROUP 111 MAIN STREET SUITE 3 LOS ALTOS CA 94022 FOOD 1370712 AG MAINTENANCE 1005 NORTHGATE DR 156 SAN RAFAEL CA 94903 MAINTENANCE 1030160 524 MISSION STREET LLC 250 BEL MARIN KEYS BLVD BUILDING NOVATO CA 94949 LEASE 679521 BARBIER SECURITY GROUP 369-B 3RD STREET 440 SAN RAFAEL CA 94901 SECURITY 473111 NOVUS LAW FIRM 1450 MARIA LANE SUITE 330 WALNUT CREEK CA 94596 ATTORNEY 298888 13 4771865 5362028 228868 10133893 TUITION AND FEES 611710 71317535 71317535 AUXILIARY SERVICES 611710 7166974 7166974 FEES AND CHARGES 611710 104794 104794 1639896 1639896 80229199 1637826 1637826 8070029 7563397 506632 506632 506632 REC CENTER 713940 95901 47651 48250 PARKING AND VENDING 611710 51680 51680 147581 92655131 80229199 47651 2244388 31889028 31889028 1566454 490648 848806 227000 30484763 25220637 4447547 816579 1739306 1414385 265850 59071 4122587 3704852 232757 184978 2338499 1901641 357436 79422 648974 648974 271666 17628 254038 140646 140646 3017725 1593128 1379668 44929 804593 551961 171181 81451 1085588 758725 219675 107188 992345 310276 659523 22546 -2736 -3244 508 1525096 125541 1398828 727 787954 763588 23346 1020 48111 40668 5791 1652 1164868 947257 178049 39562 3368555 2739271 514879 114405 950701 950701 STUDENT MEAL PLANS 1571494 1571494 PLANT & MAINTENANCE 1471920 303098 1168822 STUDENT EVENTS & EXP. 1056786 1053132 3437 217 DUES AND SUBSCRIPTIONS 796462 717339 72737 6386 747046 656882 82319 7845 92588431 76767935 14025518 1794978 9826418 7049091 654951 2341554 1703895 1762039 256960 236420 1775596 1714256 138820548 67686186 73245534 71134362 33892465 30090907 1819258 4392581 123175077 118721210 5201314 5122085 2904204 2630142 23994698 23967188 6065858 8789894 38166074 40509309 X 40809118 36224473 44199885 41987428 85009003 78211901 123175077 118721210 66700 -6863802 0 X 0 1 X 1 1 1 X 3009969 3255222 6933131 6736088 10133893 30068303 3009969 3255222 6933131 6736088 10133893 30068303 439958 29628345 1424211 2056900 1545442 750122 1637826 7414501 67969 61017 81627 5952 51680 268245 37751049 378326274 0.78480 0.74920 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REC CENTER - 2017 AMOUNT: $ 4,200. 2018 AMOUNT: $ 2,842. 2019 AMOUNT: $ 32,115. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. PARKING VENDING - 2017 AMOUNT: $ 52,175. 2018 AMOUNT: $ 50,173. 2019 AMOUNT: $ 49,512. 2020 AMOUNT: $ 5,952. 2021 AMOUNT: $ 51,680. GROSS INCOME FROM FUNDRAISING - 2017 AMOUNT: $ 2,508. 2018 AMOUNT: $ 1,572. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. GROSS INCOME FROM GAMING ACT - 2017 AMOUNT: $ 1,990. 2018 AMOUNT: $ 1,710. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. ALUMNI REUNION - 2017 AMOUNT: $ 7,096. 2018 AMOUNT: $ 4,720. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 34890810 404411 -4866119 1032111 -662229 30059220 30877436 146101 6928383 1053892 2007218 34890810 34649290 160316 -7842 1717429 976870 1230029 30877436 36247440 46137 1592251 740842 924823 1570873 34649290 36109218 45123 2197186 806896 849686 447505 36247440 0.06530 0.86910 0.06560 0 0 4405137 4405137 102717080 40387217 62329863 27087834 24384223 2703611 4610497 2914746 1695751 71134362 FINANCIAL LIABILITY 4299574 OPERATING LEASE OBLIGATION 3332167 LIABILITIES OF DISCONTINUED OPERATIONS 451860 ASSET RETIREMENT OBLIGATION 397576 FEDERAL GRANTS REFUNDABLE 308717 8789894 X 55454587 -6863802 -30196096 -37059898 92514485 140646 140646 92655131 62251689 0 62251689 140646 30196096 30336742 92588431 PART V, LINE 4: INTENDED USE OF THE DOMINICAN UNIVERSITY ENDOWMENT FUNDS IS TO SUPPORT ACTIVITIES OF DOMINICAN UNIVERSITY AS DESIGNATED BY SUCH DONORS. PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE DOMINICAN FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE LIKELY THAN NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. DOMINICAN IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE (THE "CODE") SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. DOMINICAN HAS ALSO BEEN RECOGNIZED BY THE FRANCHISE TAX BOARD AS AN ORGANIZATION THAT IS EXEMPT FROM INCOME TAX PURSUANT TO CALIFORNIA REVENUE AND TAX CODE SECTION 23701D ON ITS INCOME OTHER THAN UNRELATED BUSINESS INCOME. DOMINICAN HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. DOMINICAN HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS & FINANCIAL AID -30,196,096. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS & FINANCIAL AID 30,196,096. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 PUBLICATION OF RACIALLY NONDISCRIMINATORY POLICY: THE UNIVERSITY HAS PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY IN ITS CATALOG AND ON ITS WEBSITE. SCHEDULE E, PART I, LINE 6 FINANCIAL AID RECEIVED FROM GOVERNMENT AGENCY: THE UNIVERSITY RECEIVED FINANCIAL AID FROM THE US DEPARTMENT OF EDUCATION, THE NATIONAL INSTITUTES OF HEALTH, THE USDA ANIMAL & PLANT HEALTH INSPECTION SERVICES, THE USA MEDICAL RESEARCH FOUNDATION, THE ENVIRONMENTAL PROTECTION AGENCY, THE US SMALL BUSINESS ADMINISTRATION, THE CORPORATION FOR NATIONAL AND COMMUNITY SERVICE-AMERICORPS AND THE U.S. DEPARTMENT OF AGRICULTURE. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES EDUCATIONAL MEETINGS 41195 NORTH AMERICA 0 0 PROGRAM SERVICES EDUCATIONAL MEETINGS 5493 SOUTH AMERICA 0 0 PROGRAM SERVICES EDUCATIONAL MEETINGS 3184 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES EDUCATIONAL MEETINGS 2956 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES EDUCATIONAL MEETINGS 64 0 0 0 0 0 0 52892 0 52892 0 0 0 0 0 0 PART III ACCOUNTING METHOD: SCHEDULE F, PART II, LINE 1 THE ORGANIZATION USES THE ACCRUAL METHOD TO ACCOUNT FOR CASH GRANTS AND EXPENDITURES. 1 SCHOLARSHIPS AND FINANCIAL AID 1413 30196096 CARES ACT GRANTS TO STUDENTS 1800 1692932 PART I, LINE 2: PROCESS FOR MONITORING THE USE OF GRANT FUNDS THE UNIVERSITY MANAGES AN EXTENSIVE FINANCIAL ASSISTANCE PROGRAM TO ENSURE THAT A HIGHLY QUALIFIED AND DIVERSE POPULATION IS ABLE TO MATRICULATE AND CONTINUE TO GRADUATION. THE ASSISTANCE PROGRAMS TAKE THREE MAJOR FORMS: MERIT SCHOLARSHIPS, NEED-BASED FINANCIAL AID, AND FINANCING ALTERNATIVES. THE STUDENT FIRST APPLIES FOR ASSISTANCE, AND THEN BASED ON THE GRANT CRITERIA (FINANCIAL AND ENROLLMENT), THE FINANCIAL AID DEPARTMENT AWARDS THE GRANT MONIES. THE FINANCIAL AID DEPARTMENT MONITORS THE TOTAL AMOUNTS GIVEN BY GRANT. SCHEDULE I, PART III, LINE 2: CARES ACT GRANTS TO STUDENTS AS PART OF THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT (CARES ACT), DOMINICAN UNIVERSITY RECEIVED A FEDERAL GRANT AS PART OF THE HIGHER EDUCATION EMERGENCY RELIEF FUND (HEERF). OF THAT AMOUNT $700,992 WAS GRANTED TO 826 STUDENTS IN FY21 AND $1,692,932 WAS GRANTED TO 1800 STUDENTS IN FY22. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 MARY B MARCY PRESIDENT EMERITA 340520 0 0 0 0 0 23200 0 112342 0 476062 0 0 0 NICOLA PITCHFORD PRESIDENT (BEG 07/21) 312691 0 0 0 2061 0 23200 0 125878 0 463830 0 0 0 YUNG JAE LEE DEAN - BAROWSKY SCHOOL OF BUS 264962 0 0 0 0 0 21854 0 20847 0 307663 0 0 0 MOJGAN BEHMAND VP ACADEMIC AFRS & FACULTY DEAN 241594 0 0 0 0 0 19600 0 14733 0 275927 0 0 0 MARLY NORRIS VP ADVANCEMENT/PUBLIC AFFAIRS 217286 0 0 0 0 0 18160 0 22778 0 258224 0 0 0 PAUL RACCANELLO VP STUDENT AFFAIRS & ENROLL 181546 0 0 0 0 0 15440 0 38082 0 235068 0 0 0 RUTH RAMSEY DEAN - HEALTH & NATURAL SCI. 193036 0 0 0 0 0 16320 0 24583 0 233939 0 0 0 CHRISTOPHER LEEDS PROFESSOR BAROWSKY SCHOOL OF BUS 192298 0 0 0 0 0 15437 0 9839 0 217574 0 0 0 GULRIZ GOKCEK DEAN - LIBERAL ARTS & EDU. 190000 0 0 0 0 0 15200 0 1663 0 206863 0 0 0 ANTHONY DECOCINIS VP FINANCE & ADMIN (THRU 06/21) 141866 0 0 0 0 0 12374 0 16263 0 170503 0 0 0 PART I, LINE 1A RESIDENCE FOR PERSONAL USE: THE UNIVERSITY PROVIDED MARY B. MARCY (01/01/2021 - 06/22/2021) AND NICOLA PITCHFORD (07/15/2021 - PRESENT) WITH HOUSING AS A CONDITION OF THIER EMPLOYMENT. THE PROVIDED HOUSING IS ON CAMPUS AND FURNISHED FOR THE BENEFIT AND CONVENIENCE OF THE UNIVERSITY TO CONDUCT UNIVERSITY-RELATED BUSINESS. THE VALUE OF THE HOUSING IS EXCLUDABLE FROM THE PRESIDENT'S TAXABLE INCOME UNDER IRS CODE SECTION 119(D) AND WAS INCLUDED AS A NONTAXABLE BENEFIT FOR BOTH INDIVIDUALS REPORTED ON SCHEDULE J, PART II, COLUMN(D). PART II, LINE 1 MARY B. MARCY WAS THE PRESIDENT OF THE UNIVERSITY THROUGH 7/1/2021 WHEN SHE TRANSITIONED TO PRESIDENT EMERITA. THE COMPENSATION REPORTED ON FORM 990 REPRESENTS COMPENSATION PAID FOR HER TIME AS PRESIDENT. A CALIFORNIA ENTERPRISE DEVELOPMENT AUTHORITY 352273601 NONEAVAIL 2021-12-01 24557000 REFINANCE OF CEFA BONDS AND MORTGAGE 0 0 0 A 24557000 108214 24448786 2021 1 0 1 1 A 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 SCHEDULE K, PART I, LINE A: THE BOND WAS ISSUED TO REFUND THE SERIES 2006 BOND ISSUED ON 1/25/2006 AND THE SERIES 2007 BOND ISSUED ON 2/27/2007. X 2239 MARKET VALUE X 14 226629 MARKET VALUE 0 0 0 FORM 990, PART III, LINE 1 - ORGANIZATION'S MISSION DOMINICAN UNIVERSITY OF CALIFORNIA EDUCATES AND PREPARES STUDENTS TO BE ETHICAL LEADERS AND SOCIALLY RESPONSIBLE GLOBAL CITIZENS WHO INCORPORATE THE VALUES OF STUDY, REFLECTION, COMMUNITY, AND SERVICE INTO THEIR LIVES. GUIDED BY ITS CATHOLIC HERITAGE, THE UNIVERSITY IS COMMITTED TO DIVERSITY, SUSTAINABILITY, AND THE INTEGRATION OF THE LIBERAL ARTS, THE SCIENCES, AND PROFESSIONAL PROGRAMS. FORM 990, PART V, LINE 1A: THE NUMBER REPORTED INCLUDED 2096 FORMS 1098-T ISSUED AND 186 FORMS 1099 ISSUED. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE COORDINATES THE WORK OF THE BOARD AND ACTS IN LIEU OF THE FULL BOARD WHEN URGENT ACTION IS NECESSARY AND SHALL SERVE AS LIAISON TO THE PRESIDENT; PROVIDING COUNSEL, FEEDBACK AND SUPPORT WHEN NEEDED; AND ACTING AS A SAFE (CANDID AND CONFIDENTIAL) SOUNDING BOARD. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS GRANT THORNTON LLP AND DOMINICAN FINANCE STAFF WORK TOGETHER IN GATHERING THE REQUIRED TAX INFORMATION NECESSARY TO COMPLETE THE FORM 990. THE INITIAL DRAFT FORM 990 IS REVIEWED BY GRANT THORNTON AND DOMINICAN FINANCE STAFF; ITEMS ARE DISCUSSED AND REVIEWED. RECOMMENDED CHANGES ARE REFLECTED IN THE FORM AND A REVISED FORM 990 IS PREPARED. THE AUDIT COMMITTEE RECEIVES THE FINAL VERSION OF THE FORM 990 FOR REVIEW AND APPROVAL PRIOR TO THE RETURNS BEING FILED WITH THE INTERNAL REVENUE SERVICE. THE BOARD HAS DELEGATED MONITORING AND REVIEW OF FINANCIAL MATTERS TO THE AUDIT COMMITTEE. A COPY OF THE FORM 990 IS MADE AVAILABLE TO THE FINANCE COMMITTEE, THE FULL BOARD, AND THE EXECUTIVE COMMITTEE BEFORE IT IS FILED. IN ADDITION, A COPY OF THE DOMINICAN AUDITED FINANCIAL STATEMENTS IS PROVIDED TO THE FULL BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICT OF INTEREST POLICY DOMINICAN REQUIRES EACH TRUSTEE, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS TO ANNUALLY SIGN A STATEMENT WHICH AFFIRMS EACH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE UNIVERSITY IS A NON-PROFIT ORGANIZATION AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPT PURPOSES. ADDITIONALLY, THE STATEMENT REQUIRES THE INDIVIDUALS TO PROVIDE INFORMATION WITH RESPECT TO RELATED PARTIES AND TO DISCLOSE WHETHER THERE ARE ANY CONFLICTS OF INTEREST. DOMINICAN ALSO REQUIRES PERIODIC REVIEW OF TRANSACTIONS AND RELATIONSHIPS TO ENSURE THAT THERE ARE NO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION OF ORGANIZATION'S PRESIDENT THE EXECUTIVE MEMBERS OF THE BOARD OF TRUSTEES REVIEW THE PRESIDENT'S COMPENSATION, RELYING UPON APPROPRIATE DATA AS TO COMPARABILITY, AND MAKES A RECOMMENDATION TO THE BOARD OF TRUSTEES. IN ADDITION, COMPENSATION SURVEY AND STUDY, AND INDEPENDENT COMPENSATION CONSULTANT ARE USED IN THE DETERMINATION OF THE PRESIDENT'S COMPENSATION. THE EXECUTIVE MEMBERS DOCUMENT ITS BASIS FOR BELIEVING THE PROPOSED COMPENSATION IS REASONABLE. THE BOARD OF TRUSTEES REVIEWS THE RECOMMENDATION AND SUPPORTING DATA AND FINALIZES THE COMPENSATION CONTRACT. FORM 990, PART VI, SECTION B, LINE 15B: IN DETERMINING COMPENSATION FOR OFFICERS AND KEY EMPLOYEES, THE UNIVERSITY UTILIZES THE USE OF MARKET AND COMPENSATION ANALYSIS, AS WELL AS EXTERNAL CONSULTANT. A FULL REVIEW OF SALARY WAS PERFORMED IN 2018 BASED ON THESE PARAMETERS. THE REVIEW PROCESS IS DOCUMENTED CONTEMPORANEOUSLY IN THE MINUTES OF THE COMPENSATION COMMITTEE FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS MADE AVAILABLE TO THE PUBLIC DOMINICAN MAKES ITS FORMS 990, 990-T AND 1023, ARTICLES OF INCORPORATION, CONFLICT OF INTEREST POLICY, WHISTLE-BLOWER POLICY, AUDITED FINANCIAL STATEMENTS FOR THE PAST THREE YEARS, AND PUBLIC DISCLOSURE OF DOCUMENTS POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. CHARITABLE REMAINDER TRUST (1) 31 ALCATRAZ AVENUE BELVEDERE CA 94920 CHARITABLE TRUST CA N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0