2022-05-11T11:22:53-05:00 2021-06-30 BKD LLP 200 E Main St Suite 700 Fort Wayne IN 46802 990 2020-07-01 350868125 THE LUTHERAN UNIVERSITY ASSOCIATION INC % MARK VOLPATTI LUTH 2194645215 1700 CHAPEL DRIVE VALPARAISO IN 46383 MARK VOLPATTI VP FOR FINANCE 2194645215 2022-05-16 true MARK VOLPATTI 999009999 Lauren R Denton P01571860 2604604000 2 2020 2022-09-23 18:48:47Z X VALPARAISO UNIVERSITY JOSE D PADILLA 1700 CHAPEL DRIVE VALPARAISO IN 46383 357243168 false X WWW.VALPO.EDU X 1925 IN A COMMUNITY OF LEARNING DEDICATED TO EXCELLENCE & GROUNDED IN THE LUTHERAN TRADITION OF SCHOLARSHIP, FAITH, & FREEDOM, PREPARING STUDENTS TO LEAD & SERVE IN THE CHURCH & SOCIETY. 28 26 2315 1000 211344 141052 21541170 29690388 161629084 154906024 9353328 13320207 117972 -60075 192641554 197856544 87725683 83442893 0 0 68951590 60814979 44551 10000 2689799 48232003 45032278 204953827 189300150 -12312273 8556394 578078702 674383035 169034941 167501621 409043761 506881414 X VALPARAISO UNIVERSITY IS A COMPREHENSIVE, PRIVATE UNIVERSITY WITH A LUTHERAN HERITAGE THAT SERVES MORE THAN 2,900 FULL AND PART TIME STUDENTS. THE UNIVERSITY IS IDENTIFIED AS ONE OF THE TOP MASTER'S-LEVEL INSTITUTIONS IN THE MIDWEST AND HAS RECEIVED SPECIAL RECOGNITION FOR ITS OUTSTANDING TEACHING AND EDUCATIONAL VALUE. MORE THAN 70 UNDERGRADUATE DEGREE PROGRAMS AND INTERDISCIPLINARY OPTIONS ARE OFFERED THROUGHOUT THE UNIVERSITY AT FIVE UNDERGRADUATE COLLEGES: ARTS AND SCIENCES, BUSINESS, ENGINEERING, NURSING AND HEALTH PROFESSIONS, AND CHRIST COLLEGE. false false 138040204 82577887 121110738 UNDERGRADUATE PROGRAMS - VALPARAISO UNIVERSITY ENROLLS MORE THAN 2,500 UNDERGRADUATE STUDENTS IN MORE THAN 70 ACADEMIC PROGRAMS THAT INTEGRATE THE BEST OF THE LIBERAL ARTS WITH PROFESSIONAL PREPARATION. PROGRAMS ARE OFFERED THROUGH THE COLLEGES OF ARTS AND SCIENCES, BUSINESS, ENGINEERING, AND NURSING AND HEALTH PROFESSIONS, AS WELL AS CHRIST COLLEGE, VALPARAISO UNIVERSITY'S HONORS COLLEGE. VALPO HAS BEEN NAMED ONE OF THE BEST VALUES NATIONWIDE FOR 2022 BY U.S. NEWS AND WORLD REPORT. IN ADDITION, THE COLLEGE OF ENGINEERING WAS RANKED AMONG THE TOP 7% OF UNDERGRADUATE ENGINEERING SCHOOLS IN THE NATION AND THE COLLEGE OF NURSING AND HEALTH PROFESSIONS WAS RANKED IN THE TOP 17% OF UNDERGRADUATE NURSING PROGRAMS FOR 2022 BY U.S. NEWS AND WORLD REPORT. VALPARAISO UNIVERSITY SPONSORS NUMEROUS INTERNATIONAL STUDY OPPORTUNITIES AND IS RECOGNIZED AS A MODEL IN PREPARING GRADUATES WITH STRONG CROSS-CULTURAL SKILLS AND GLOBAL AWARENESS. THE OVERALL PLACEMENT RATE FOR VALPARAISO UNIVERSITY GRADUATES FROM THE CLASSES OF DECEMBER 2019 AND MAY AND AUGUST 2020 WAS 94%. THE OVERALL PLACEMENT RATE HAS EXCEEDED 90% FOR 28 CONSECUTIVE YEARS. VALPARAISO UNIVERSITY'S DIVISION I ATHLETICS TEAMS CONTINUE TO SUCCEED IN THE CLASSROOM, WITH MANY HONORS BESTOWED UPON VALPARAISO STUDENT-ATHLETES BY THE MISSOURI VALLEY CONFERENCE FOR THE 2020-2021 ACADEMIC AND ATHLETIC YEAR- SIX STUDENTS-ATHLETES RECEIVED THE PRESIDENT'S COUNCIL ACADEMIC EXCELLENCE HONOR, THE MISSOURI VALLEY CONFERENCE'S HIGHEST ACADEMIC HONOR, 63 STUDENT-ATHLETES ACHIEVED THE COMMISSIONER'S ACADEMIC EXCELLENCE AWARD, AND 189 STUDENT-ATHLETES WERE NAMED TO THE MISSOURI VALLEY CONFERENCE HONOR ROLL. IN ADDITION, FIVE STUDENT-ATHLETES WERE NAMED TO THE SUMMIT LEAGUE'S 2020-2021 ACADEMIC HONOR ROLL. 8175280 865006 12796265 GRADUATE PROGRAMS - VALPARAISO UNIVERSITY'S GRADUATE SCHOOL OFFERS MORE THAN 25 GRADUATE AND CERTIFICATE PROGRAMS THAT ARE FULLY INTEGRATED INTO THE COLLEGES OF ARTS AND SCIENCES, BUSINESS, AND NURSING AND HEALTH PROFESSIONS. WITH ROLLING ADMISSIONS, MULTIPLE START TERMS PER YEAR, AND FLEXIBLE COURSE DELIVERY OPTIONS, GRADUATE PROGRAMS MEET THE NEEDS OF TODAY'S ADULT LEARNERS. WITH A MAJORITY OF OFFERINGS AT THE PROFESSIONAL MASTER'S LEVEL (PLUS A DOCTORATE OF NURSING PRACTICE AND OCCUPATIONAL THERAPY), GRADUATE PROGRAMS EMPHASIZE ACADEMIC RIGOR, PRACTICAL APPLICATION FOR MARKET READY SKILLS, AND CAREER AND PROFESSIONAL DEVELOPMENT. IN FALL 2021, THE GRADUATE SCHOOL ENROLLED 417 STUDENTS, WITH 32% INTERNATIONAL STUDENTS AND 13% STUDENTS FROM DOMESTIC MINORITIES. COMPREHENSIVE ACADEMIC SUPPORT PROVIDES A FULL-SERVICE COMPLIMENT TO THE CULTURAL, EMOTIONAL, AND INTELLECTUAL DEVELOPMENT OF VALPARAISO UNIVERSITY GRADUATE STUDENTS. 33189888 20999021 VALPARAISO UNIVERSITY PROVIDES ADDITIONAL SERVICES TO STUDENTS INCLUDING HOUSING AND DIVISION I ATHLETICS OPPORTUNITIES. ALSO, THE UNIVERSITY SUPPORTS THEATRE, MUSIC AND VISUAL ARTS PROGRAMS BENEFICIAL TO STUDENTS AS WELL AS THE GENERAL PUBLIC. 179405372 true true false false false false false true false true true true false false true false false true true true true false false false false false false false true true true false false false false false false false false true false true true false false true true false false false true 259 0 2315 true true true true GM UK false false false true true false false false false false false X 28 26 true false false false false false false true true false false false true true true true true true true false IN X X MARK VOLPATTI 2194645215 1700 CHAPEL DRIVE VALPARAISO IN 46383 MARK HECKLER PRESIDENT 60.0 0.0 X X 531895 0 45049 MATT LOTTICH HEAD COACH MEN'S BASKETBALL 60.0 0.0 X 340742 0 38793 LISA HOLLANDER VICE PRESIDENT FOR ADVANCEMENT 60.0 0.0 X 306181 0 29114 DARRON FARHA VICE PRESIDENT/GENERAL COUNSEL 60.0 0.0 X 242089 0 28167 SUSAN SCROGGINS SENIOR VICE PRESIDENT 60.0 0.0 X 222073 0 29544 MARK LABARBERA DIRECTOR OF ATHLETICS 60.0 0.0 X 191304 0 31137 JASON PETROVICH ASSOCIATE VP FOR ADVANCEMENT 60.0 0.0 X 189702 0 27457 ERIC JOHNSON PROVOST AND EXECUTIVE VP 60.0 0.0 X 180689 0 31697 BERNIE TRUJILLO LAW PROFESSOR 60.0 0.0 X 191432 0 18703 JON KILPINEN DEAN COLLEGE OF ARTS & SCIENCE 60.0 0.0 X 173369 0 32385 JOHN WARD PROFESSOR OF MANAGEMENT 60.0 0.0 X 176226 0 13568 RICHARD AMRHEIN VP FOR COMMUNITY & GOVERNMENT 60.0 0.0 X 158763 0 23563 MARK L BIERMANN PROVOST AND EXECUTIVE VP 60.0 0.0 X 131387 0 46133 JULIE DEGRAW VICE PRESIDENT STUDENT LIFE 60.0 0.0 X 154950 0 14158 DAVID PHELPS LEFT 062020 EXECUTIVE VP & COO 60.0 0.0 X 129198 0 12602 STEVEN JANOWIAK VICE PRESIDENT STUDENT LIFE 60.0 0.0 X 92296 0 47942 COLETTE IRWIN-KNOTT DIRECTOR & INTERIM PRESIDENT 60.0 0.0 X X 13692 0 701 DAVID BOCHNOWSKI DIRECTOR 2.0 0.0 X 0 0 0 CORNELL BOGGS III DIRECTOR 5.0 0.0 X 0 0 0 LUTHER BRUNETTE DIRECTOR 2.0 0.0 X 0 0 0 JEFFREY DOBBS DIRECTOR 3.0 0.0 X 0 0 0 JOHN DRAHEIM DIRECTOR 4.0 0.0 X 0 0 0 MARK DUESENBERG DIRECTOR 3.0 0.0 X 0 0 0 SUSAN JENNY EHR DIRECTOR 5.0 0.0 X 0 0 0 CAROLYN SCHLIE FEMOVICH DIRECTOR 1.0 0.0 X 0 0 0 CHELSEY GORDON DIRECTOR 3.0 0.0 X 0 0 0 ROBERT HANSEN JR BOARD CHAIR 4.0 0.0 X 0 0 0 MARK HELGE DIRECTOR 1.0 0.0 X 0 0 0 FREDERICK KRAEGEL DIRECTOR 4.0 0.0 X 0 0 0 BRUCE LANING DIRECTOR 4.0 0.0 X 0 0 0 MARION MOON DIRECTOR 4.0 0.0 X 0 0 0 JAMES MUELLER DIRECTOR 4.0 0.0 X 0 0 0 ANDREW NUNEMAKER DIRECTOR 2.0 0.0 X 0 0 0 BONNIE RAQUET DIRECTOR 7.0 0.0 X 0 0 0 VERNE SEDLACEK VICE CHAIR 5.0 0.0 X 0 0 0 SCOTT SEEFELD DIRECTOR 2.0 0.0 X 0 0 0 JOHN SHELTON DIRECTOR 3.0 0.0 X 0 0 0 PHILIP SPAHN DIRECTOR 3.0 0.0 X 0 0 0 PAUL STRASEN DIRECTOR 2.0 0.0 X 0 0 0 AMY VIE DIRECTOR 3.0 0.0 X 0 0 0 JOEL WILSON DIRECTOR 10.0 0.0 X 0 0 0 JULIE WINKLER DIRECTOR 1.0 0.0 X 0 0 0 SUSAN ZEEB DIRECTOR 1.0 0.0 X 0 0 0 3425988 0 470713 73 false true false PARKHURST DINING PO BOX 644091 PITTSBURGH PA 15264 STUDENT DINING SERVI 5065330 UNIVERSITY PROMENADE LLC 1055 EAGLE RIDGE DRIVE SCHERERVILLE IN 46375 STUDENT HOUSING 919610 GE MARSHALL INC 1700 CHAPEL DRIVE - KRETZMANN HALL VALPARAISO IN 46384 CONSTRUCTION 361484 MCKAY PRESS INC PO BOX 2749 MIDLAND MI 486412749 PRINTING SERVICES 303699 ASTROTURF CORPORATION 2680 ABUTMENT ROAD DALTON GA 30721 CONSTRUCTION 276697 17 13894 9498225 20178269 1408865 29690388 TUITION & FEES 611710 126492070 126492070 STUDENT HOUSING 611710 11991101 11991101 MISCELLANEOUS 900099 10593892 10593892 DINING SERVICES 722514 5828961 5828961 154906024 369877 211344 158533 0 0 120714 180789 -60075 0 -60075 -60075 172139807 16358 159205835 12933972 16358 12950330 12950330 0 0 0 0 0 0 0 0 0 0 197856544 154906024 211344 13048788 5576 5576 83437317 83437317 0 0 2677638 905007 1437337 335294 24828 23339 993 496 43296735 39861941 2266061 1168733 1954136 1732851 157370 63915 9755381 8650689 785617 319075 3106261 2754511 250152 101598 0 423442 423442 146445 146445 0 10000 10000 206591 206591 7836258 7450850 332349 53059 1927610 1850413 76957 240 7883513 7566571 153897 163045 2028012 1250553 452961 324498 0 4727058 4621088 78781 27189 1025683 1018315 6533 835 0 455737 408083 47064 590 4592750 4495104 72593 25053 0 11786174 11535589 186292 64293 916382 916382 BAD DEBT EXPENSE 625884 625884 MEMBERSHIPS & SUBSCRIPTIONS 450739 295309 123544 31886 189300150 179405372 7204979 2689799 8527 8525 10956137 13702470 22954969 20366980 6129017 6323199 0 0 0 0 6553253 5682439 64517 71683 854650 945617 483173714 238078448 253939098 245095266 23541631 27835300 252094217 348803703 0 0 0 0 982686 5547853 578078702 674383035 12977981 13320948 6847797 5417531 4444905 3001640 109389476 107957230 0 0 0 0 896721 828734 0 0 34478061 36975538 169034941 167501621 X 55272578 58974828 353771183 447906586 409043761 506881414 578078702 674383035 X 8556394 88281589 999670 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X false 268689000 7979563 100285431 6118984 6988513 206591 363639906 273438000 6844410 2947184 9396792 4944207 199595 268689000 263010548 9276545 18163288 5720771 10974088 317522 273438000 249427470 5895838 23841939 5128424 10596164 430111 263010548 220026196 10952597 27310925 4918740 3563435 380073 249427470 0.04400 0.52700 0.42900 false false 17312625 17312625 338698209 141245815 197452394 43376326 26073868 17302458 79737220 69837858 9899362 4049334 920907 3128427 245095266 COMMONFUND BOND FUNDS 30969768 F COMMONFUND PRIVATE CAPITAL 180683495 F COMMONFUND TREASURY ACCESS 9468725 F LIFE INS, REAL ESTATE, OTHER 21110332 F COMMONFUND EQUITIES FUNDS 103134288 F OTHER INVESTMENTS 3437095 F 348803703 0 STUDENT DEPOSITS 55925 OBLIGATIONS UNDER SPLIT-INTEREST 4018619 CONDITIONAL ASSET RETIREMENT OBLIGATIONS 8229311 POST RETIREMENT LIABILITIES 2540588 OTHER LIABILITIES 347095 LINE OF CREDIT 17000000 OPERATING LEASE LIABILITIES 4784000 36975538 205891513 88801208 1450563 90251771 115639742 206591 82010211 82216802 197856544 107534241 180789 180789 107353452 206591 81740107 81946698 189300150 SCHEDULE D, PART III, LINE 4 THE BRAUER MUSEUM OF ART IS HOME TO A NATIONALLY RECOGNIZED COLLECTION OF 19TH AND 20TH CENTURY AMERICAN ART AND INCLUDES WORKS BY FREDERIC EDWIN CHURCH, ASHER B. DURAND, CHILDE HASSAM, GEORGIA O'KEEFE AND ED PASCHKE. IT ALSO HOUSES THE LARGEST KNOWN COLLECTION OF WORKS BY JUNIUS R. SOLAN (1827-1900), A HUDSON RIVER SCHOOL PAINTER WHO LIVED AND WORKED IN THE MIDWEST. OTHER FOCUS AREAS WITHIN THE COLLECTION INCLUDE WORLD RELIGIOUS ART AND MIDWESTERN REGIONAL ART. AS WELL AS DISPLAYING SELECTIONS FROM ITS PERMANENT COLLECTION, THE BRAUER MUSEUM HOSTS A FULL SCHEDULE OF SPECIAL EXHIBITIONS AND EVENTS. THROUGH EXHIBITION OF THE COLLECTION AND SPECIAL EVENTS, THE MUSEUM PROVIDES EDUCATIONAL OPPORTUNITIES FOR STUDENTS AS WELL AS THE GENERAL PUBLIC WHICH ENHANCES THE UNIVERSITY'S EDUCATIONAL PURPOSE. THE BOOK VALUE OF THE ARTWORK ADDED TO THE COLLECTION SINCE 1996 IS INCLUDED IN PLANT ASSETS ON THE BALANCE SHEET. THERE IS NO FEE TO VISIT THE MUSEUM. SCHEDULE D, PART V, LINE 4 VALPARAISO UNIVERSITY'S ENDOWMENT FUNDS ARE USED TO PROVIDE FINANCIAL ASSISTANCE TO STUDENTS IN THE FORM OF SCHOLARSHIPS. ENDOWMENT FUNDS ARE ALSO DESIGNATED TO THE SUPPORT OF ACADEMIC PROGRAMS, FACULTY CHAIRS AND PROFESSORSHIPS, RESEARCH, STUDENT PROGRAMS, LIBRARY SERVICES, AND THE OPERATION AND MAINTENANCE OF FACILITIES. PART XI, LINE 2D RENTAL EXPENSES 180,789 CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 1,269,774 TOTAL $ 1,450,563 PART XI, LINE 4B STUDENT AID 81,740,107 CHANGE IN DISCOUNT & ALLOWANCE 270,104 TOTAL $82,010,211 PART XII, LINE 2D RENTAL EXPENSES $ 180,789 PART XII, LINE 4B STUDENT AID $81,740,107 ASC 740 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 VALPARAISO UNIVERSITY'S GENERAL CATALOG OFFERS A LINK TO OUR STATEMENT OF EQUALITY OF OPPORTUNITY AS FOLLOWS: NONDISCRIMINATION POLICY AS TO STUDENTS. VALPARAISO UNIVERSITY ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN, AGE, GENDER, DISABILITY, SEXUAL ORIENTATION OR (AS QUALIFIED HEREIN) RELIGION, TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES, GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL AND ETHNIC ORIGIN, AGE, GENDER, DISABILITY, SEXUAL ORIENTATION OR (AS QUALIFIED HEREIN) RELIGION IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, CAREER SERVICES AND PLACEMENT, AND ATHLETIC AND OTHER SCHOOL ADMINISTERED PROGRAMS. VALPARAISO UNIVERSITY IS AN INSTITUTION COMMITTED TO ITS LUTHERAN TRADITIONS. THE UNIVERSITY RESERVES THE RIGHT TO PROMOTE THE TEACHINGS OF THE CHURCH AND TO EXERCISE PREFERENCES IN ADMISSIONS IN FAVOR OF LUTHERANS. EQUAL EMPLOYMENT OPPORTUNITY POLICY. VALPARAISO UNIVERSITY MAINTAINS A POLICY OF EQUAL EMPLOYMENT OPPORTUNITY FOR ALL EMPLOYEES AND APPLICANTS FOR EMPLOYMENT. THE UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL AND ETHNIC ORIGIN, AGE, GENDER, DISABILITY, SEXUAL ORIENTATION OR (AS QUALIFIED HEREIN) RELIGION OR ANY PROTECTED CLASSIFICATION UNDER FEDERAL, STATE OR LOCAL LAW. THIS POLICY APPLIES TO ALL ASPECTS OF EMPLOYMENT INCLUDING, BUT NOT LIMITED TO, RECRUITING, HIRING, TRAINING, TRANSFER, PROMOTION, JOB BENEFITS, PAY, DISMISSAL, SOCIAL AND RECREATIONAL ACTIVITIES. AN INSTITUTION COMMITTED TO ITS LUTHERAN TRADITIONS, THE UNIVERSITY RESERVES THE RIGHT TO PROMOTE THE TEACHINGS OF THE CHURCH AND TO EXERCISE PREFERENCES IN EMPLOYMENT-RELATED PRACTICES IN FAVOR OF LUTHERANS. SCHEDULE E, PART I, LINE 6A VALPARAISO UNIVERSITY RECEIVES FEDERAL AND STATE RESEARCH GRANTS AND GRANTS FOR STUDENT FINANCIAL AID. true East Asia and the Pacific 1 1 Program Services EDUCATIONAL 428896 Europe 2 5 Program Services EDUCATIONAL 283817 Central America/CARIBBEAN 1 Program Services EDUCATIONAL 70334 CENTRAL AMERICA/CARIBBEAN Investments 3993857 3 7 3 7 4776904 4776904 true false true true true false PART 1 LINE 3 - EUROPE (INCLUDING ICELAND AND GREENLAND) VALPARAISO UNIVERSITY ADMINISTERS STUDY ABROAD PROGRAMS TO PROVIDE STUDENTS WITH EDUCATIONAL EXPERIENCES IN REUTLINGEN, GERMANY AND CAMBRIDGE, UK. THE UNIVERSITY ALSO PROVIDES STUDY ABROAD OPPORTUNITIES THROUGH STUDENT EXCHANGE AGREEMENTS WITH EUROPEAN COLLEAGUES AND UNIVERSITIES WITH ANGLIA-RUSKIN IN CAMBRIDGE, UK, EXCELIA BUSINESS SCHOOL IN LA ROCHELLE, FRANCE, UNIVERSITAT TUBINGEN IN TUBINGEN, GERMANY, HOCHSCHULE FUR KIRCHENMUSIK, IN ROTTENBURG AM NECKAR, GERMANY, AND UNIVERSIDAD DE ZARAGOZA IN ZARAGOZA, SPAIN. OTHER EDUCATIONAL OPPORTUNITIES THROUGH COOPERATIVE AGREEMENTS ARE AVAILABLE IN SEVILLE, SPAIN, LIMERICK, IRELAND, PARIS, FRANCE, NANTES, FRANCE, BUDAPEST, HUNGARY, ATHENS, GREECE, AMSTERDAM, THE NETHERLANDS, MILAN, ITALY, AND VIENNA, AUSTRIA. PART I LINE 3 - CENTRAL AMERICA/CARIBBEAN VALPARAISO UNIVERSITY ADMINISTERS A STUDY ABROAD PROGRAM TO PROVIDE STUDENTS WITH EDUCATIONAL EXPERIENCES IN SAN JOSE (HEREDIA), COSTA RICA. THE UNIVERSITY ALSO PROVIDES STUDY ABROAD OPPORTUNITIES THROUGH STUDENT EXCHANGE AGREEMENTS UNIVERSIDAD VINA DEL MAR IN VINA DEL MAR, CHILE, AND UNIVERSIDAD DE LAS AMERICAS IN PUEBLA, MEXICO. PART I LINE 3 - EAST ASIA AND THE PACIFIC VALPARAISO UNIVERSITY PROVIDES EDUCATIONAL OPPORTUNITIES THROUGH A STUDENT EXCHANGE AGREEMENT WITH KANSAI GAIDAI UNIVERSITY IN JAPAN. OTHER EDUCATIONAL OPPORTUNITIES THROUGH COOPERATIVE AGREEMENTS ARE AVAILABLE IN TAIPEI, TAIWAN, SEOUL, SOUTH KOREA, HO CHI MIN, VIETNAM, AND NEW CASTLE, AUSTRALIA. PART I LINE 4 - CENTRAL AMERICA/CARIBBEAN THE TOTAL AMOUNT IN COLUMN (F), LINE 4 REPRESENTS THE TOTAL AMOUNT OF THE UNIVERSITY'S INVESTMENTS THAT ARE DOMICILED IN THE CENTRAL AMERICA/CARIBBEAN REGION. true SCHOLARSHIPS 2777 83437317 SCHEDULE I, PART I, LINE 2 VALPARAISO UNIVERSITY IS COMMITTED TO PROVIDING RESOURCES NECESSARY TO HELP STUDENTS COMPLETE THEIR EDUCATION. IN SELECTING THE STUDENTS TO RECEIVE THIS ASSISTANCE, THE UNIVERSITY PLACES PRIMARY EMPHASIS ON THE STUDENT'S ACADEMIC ACHIEVEMENT AND FINANCIAL NEED. AWARDS ARE DETERMINED BY THE UNIVERSITY SCHOLARSHIP COMMITTEE. UPON ENROLLMENT VERIFICATION, THE AWARDS ARE USED TO OFFSET THE COST OF ATTENDANCE. X true true X X X X true true false false false false false false false MARK HECKLER PRESIDENT 365416 0 0 0 166479 0 21375 0 23674 0 576944 0 125000 LISA HOLLANDER VICE PRESIDENT FOR ADVANCEMENT 306181 0 0 0 0 0 19042 0 10072 0 335295 0 SUSAN SCROGGINS SENIOR VICE PRESIDENT 222073 0 0 0 0 0 17596 0 11948 0 251617 0 DARRON FARHA VICE PRESIDENT/GENERAL COUNSEL 242089 0 0 0 0 0 18898 0 9269 0 270256 0 MARK L BIERMANN PROVOST AND EXECUTIVE VP 131387 0 0 0 0 0 10480 0 35653 0 177520 0 ERIC JOHNSON PROVOST AND EXECUTIVE VP 180689 0 0 0 0 0 14027 0 17670 0 212386 0 RICHARD AMRHEIN VP FOR COMMUNITY & GOVERNMENT 158763 0 0 0 0 0 12775 0 10788 0 182326 0 JULIE DEGRAW VICE PRESIDENT STUDENT LIFE 119088 0 0 0 35862 0 9278 0 4880 0 169108 0 MATT LOTTICH HEAD COACH MEN'S BASKETBALL 340742 0 0 0 0 0 21375 0 17418 0 379535 0 BERNIE TRUJILLO LAW PROFESSOR 99573 0 0 0 91859 0 7896 0 10807 0 210135 0 MARK LABARBERA DIRECTOR OF ATHLETICS 191304 0 0 0 0 0 14936 0 16201 0 222441 0 JASON PETROVICH ASSOCIATE VP FOR ADVANCEMENT 189702 0 0 0 0 0 14815 0 12642 0 217159 0 JOHN WARD PROFESSOR OF MANAGEMENT 176226 0 0 0 0 0 13217 0 351 0 189794 0 JON KILPINEN DEAN COLLEGE OF ARTS & SCIENCE 173369 0 0 0 0 0 13937 0 18448 0 205754 0 SCHEDULE J, PART I, LINE 1A THE PRESIDENT IS PROVIDED HOUSING IN THE UNIVERSITY RESIDENCE AS A CONDITION OF EMPLOYMENT. THE RESIDENCE IS REGULARLY USED FOR BUSINESS PURPOSES INCLUDING MEETINGS AND EVENTS WITH FACULTY, STAFF, STUDENTS, DONORS AND OTHER UNIVERSITY CONSTITUENTS. SCHEDULE J, PART I, LINE 4A BERNIE TRUJILLO RECEIVED A SEVERANCE PAYMENT ON THE 2020 FORM W-2. THE AMOUNTS ARE REPORTED IN COLUMN B(III) OF PART II. SCHEDULE J, PART I, LINE 4B THE PRESIDENT IS THE SOLE PARTICIPANT IN THE UNIVERSITY'S 457(F) PLAN. CONTRIBUTIONS TO THE PLAN ARE REPORTED AS DEFERRED COMPENSATION AS THEY ARE ACCRUED. AMOUNTS PAID OUT UNDER THE PLAN FOR 6/30/2021 WERE $125,000. THE PLAN DID NOT RECEIVE CONTRIBUTIONS FOR 6/30/2021. A INDIANA FINANCE AUTHORITY 351602316 3135GOXP3 2014-09-25 45238325 CONSTRUCTION OF BEACON HALL false false false B INDIANA FINANCE AUTHORITY 351602316 45506DF67 2017-07-12 44822085 CONSTRUCTION OF SCIENCE CENTER false false false C INDIANA FINANCE AUTHORITY 351602316 45470EAQ8 2021-06-17 20102755 REFINANCE 2010 BOND false false false A 0 0 45238325 0 3312688 0 238325 0 0 45000000 0 0 2016 false false true true B 1820000 0 44822085 0 0 0 275287 0 0 15000000 29546798 0 2018 true false true true C 0 0 20102755 0 0 0 346560 0 0 0 19470000 0 2021 true false true true A false false false false 0 false false false true B false false false false 0 false false false true C false false false false 0 false false false true A false false true false false false 0 false 0 false true B false false true false false false 0 false 0 false true C true false false 0 false 0 false true A true B true C true SUE AMRHEIN RICHARD AMRHEIN'S WIFE 24828 COMPENSATION false X 2 24500 APPRAISAL X 854 FAIR MARKET VALUE X 111 FAIR MARKET VALUE X 43 1372680 FAIR MARKET VALUE X 2 10720 FAIR MARKET VALUE 1 false true false SCHEDULE M, PART I THE AMOUNTS LISTED IN PART 1, COLUMN B ARE BASED ON THE NUMBER OF CONTRIBUTORS FOR EACH TYPE OF PROPERTY CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 1B MARK HECKLER & COLETTE IRWIN-KNOTT ARE PAID EMPLOYEES OF THE ORGANIZATION AND THEREFORE ARE CONSIDERED NON-INDEPENDENT BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 2 BOARD OF DIRECTORS MEMBERS FREDERICK KRAEGEL (UNTIL FEBRUARY 2021), BONNIE RAQUET, AND CORNELL BOGGS ALSO SERVE ON THE BOARD OF DIRECTORS OF THRIVENT FINANCIAL, A FORTUNE 500 FINANCIAL SERVICES NON-PROFIT ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B CONSISTENT WITH ITS FIDUCIARY RESPONSIBILITIES, THE BOARD OF DIRECTORS OF THE LUTHERAN UNIVERSITY ASSOCIATION, INC D/B/A VALPARAISO UNIVERSITY ADOPTED THE FOLLOWING PROCEDURE FOR ANNUAL REVIEW OF THE UNIVERSITY'S RESPONSES TO INTERNAL REVENUE CODE FORM 990: (1) THIRTY DAYS BEFORE FILING WITH THE INTERNAL REVENUE SERVICE, OR AS SOON AS PRACTICABLE PRIOR TO FILING, THE AUDIT COMMITTEE WILL REVIEW AND COMMENT ON THE FORM 990 (2) FOLLOWING REVIEW BY THE AUDIT COMMITTEE AND PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE, THE FINAL FORM 990, EXCLUDING SCHEDULE B TO HONOR DONOR CONFIDENTIALITY, SHALL BE MADE AVAILABLE TO ALL BOARD MEMBERS VIA POSTING TO THE BOARD'S COMMONLY USED ELECTRONIC ADMINISTRATIVE SYSTEM. THIS RETURN WAS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE ON 4/25/22 AND UPON APPROVAL WAS POSTED ELECTRONICALLY FOR FULL BOARD REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY FOR THE DISCLOSURE OF EXISTING OR POTENTIAL CONFLICTS OF INTEREST, SHALL BE ADMINISTERED IN THE FOLLOWING MANNER: 1. CURRENT AND CERTAIN FORMER DIRECTORS, OFFICERS, AND KEY EMPLOYEES SHALL ANNUALLY RECEIVE A COPY OF THE POLICY STATEMENT ON CONFLICTS OF INTEREST AND BE ASKED TO COMPLETE A QUESTIONNAIRE AS TO THEIR INTERESTS. THE BOARD CHAIR AND THE PRESIDENT SHALL HAVE DISCRETION TO APPLY THIS REQUIREMENT TO OTHER EMPLOYEES (SUCH AS EMPLOYEES WITH SIGNIFICANT PROCUREMENT RESPONSIBILITIES). 2. ANY EXISTING OR POTENTIAL CONFLICT OF INTEREST ON THE PART OF A DIRECTOR IS TO BE DISCLOSED TO THE CHAIR OF THE GOVERNANCE COMMITTEE OF THE BOARD. THE CHAIR OF THE GOVERNANCE COMMITTEE, IN CONSULTATION WITH THE BOARD CHAIR, THE PRESIDENT, AND THE GENERAL COUNSEL, WILL DISCUSS WITH THE DIRECTOR OPTIONS FOR RESOLVING THE CONFLICT. A CONFLICT OF INTEREST MAY BE WAIVED IF THE CHAIR OF THE GOVERNANCE COMMITTEE, IN CONSULTATION WITH THE BOARD CHAIR, THE PRESIDENT, AND THE GENERAL COUNSEL, DETERMINES THAT THE TRANSACTION OR CIRCUMSTANCE IS IN THE BEST INTERESTS OF THE UNIVERSITY. WHETHER OR NOT A CONFLICT IS WAIVED, A DIRECTOR WHO HAS AN EXISTING OR POTENTIAL CONFLICT OF INTEREST ON ANY MATTER SHOULD NOT VOTE OR USE HIS OR HER PERSONAL INFLUENCE ON THE MATTER, NOR SHOULD THE DIRECTOR BE COUNTED IN DETERMINING A QUORUM, EVEN WHERE PERMITTED BY LAW. THE MINUTES OF ANY MEETING SHOULD REFLECT THAT THE DIRECTOR DISCLOSED THE CONFLICT, ABSTAINED FROM VOTING, AND THAT A QUORUM EXISTED EVEN THOUGH THE DIRECTOR IS NOT COUNTED TOWARD THAT QUORUM. THIS REQUIREMENT DOES NOT PREVENT A DIRECTOR FROM STATING HIS OR HER POSITION ON THE MATTER OR FROM ANSWERING PERTINENT QUESTIONS OF OTHER DIRECTORS WHERE THE DIRECTOR'S KNOWLEDGE MAY ASSIST THE OTHER DIRECTORS. 3. ANY EXISTING OR POTENTIAL CONFLICT OF INTEREST ON THE PART OF AN OFFICER, KEY EMPLOYEE, OR OTHER DESIGNATED EMPLOYEE IS TO BE DISCLOSED TO THE GENERAL COUNSEL AND BROUGHT TO THE ATTENTION OF THE PRESIDENT. THE GENERAL COUNSEL, IN CONSULTATION WITH THE PRESIDENT, WILL DISCUSS WITH THE OFFICER OR EMPLOYEE OPTIONS FOR RESOLVING THE CONFLICT. A CONFLICT OF INTEREST MAY BE WAIVED IF THE GENERAL COUNSEL, IN CONSULTATION WITH THE PRESIDENT, DETERMINES THAT THE TRANSACTION OR CIRCUMSTANCE IS IN THE BEST INTERESTS OF THE UNIVERSITY. THE GENERAL COUNSEL SHALL REPORT TO THE GOVERNANCE COMMITTEE ANY CONFLICTS OF INTEREST AND THE RESOLUTION OR WAIVER OF SAME. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS IS RESPONSIBLE FOR AN ANNUAL REVIEW OF COMPENSATION FOR COMPENSATED OFFICERS AND OTHER KEY EMPLOYEES OF THE UNIVERSITY. THE REVIEW WAS LAST UNDERTAKEN ON OCTOBER 20, 2021. INFORMATION FROM OUTSIDE CONSULTANTS AS WELL AS PEER AND INDUSTRY DATA WAS REVIEWED TO DETERMINE EQUITABLE, COMPETITIVE COMPENSATION PACKAGES. FORM 990, PART VI, SECTION B, LINE 15B THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS IS RESPONSIBLE FOR AN ANNUAL REVIEW OF COMPENSATION FOR COMPENSATED OFFICERS AND OTHER KEY EMPLOYEES OF THE UNIVERSITY. THE REVIEW WAS LAST UNDERTAKEN ON OCTOBER 20, 2021. INFORMATION FROM OUTSIDE CONSULTANTS AS WELL AS PEER AND INDUSTRY DATA WAS REVIEWED TO DETERMINE EQUITABLE, COMPETITIVE COMPENSATION PACKAGES. FORM 990, PART VI, SECTION C, LINE 19 VALPARAISO UNIVERSITY CURRENTLY DOES NOT PROVIDE GOVERNING DOCUMENTS OR THE CONFLICT OF INTEREST POLICY TO THE PUBLIC. FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND MAY BE OBTAINED FROM THE OFFICE OF THE SENIOR VICE PRESIDENT FOR FINANCE. FORM 990, PART XI, LINE 9 CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS $1,269,774 CHANGE IN DISCOUNT & ALLOWANCE $ (270,104) TOTAL $ 990,670 SCHEDULE B FORM 990 SCHEDULE OF CONTRIBUTORS IS NOT SUBJECT TO PUBLIC DISCLOSURE PURSUANT TO THE UNITED STATES FREEDOM OF INFORMATION ACT. VU INT'L COLLABORATION LLC 1700 CHAPEL DRIVE VALPARAISO IN 46383 453588931 CHARITABLE DE LUA INC AVRO LLC 1700 CHAPEL DRIVE VALPARAISO IN 46383 455235826 R/E HOLDINGS IN 1521134 LUA INC INDEPENDENT COLLEGES OF INDIANA INC 101 W OHIO STREET SUITE 300 INDIANAPOLIS IN 462044206 310901001 EDUCATION IN 501(C)(3) 12A NA false false false true false false false false false false false false false false false false false false false false