2022-05-16T17:08:12-05:00 2021-06-30 111986323 MARCUM LLP 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2020-07-01 520591421 ST JOHN'S COLLEGE STJO 4102632371 60 COLLEGE AVENUE ANNAPOLIS MD 21401 MICHAEL DURAN TREASURER - SANTE FE & CFO 4106262514 2022-05-16 1 MICHAEL DURAN XXX-XX-XXXX AARON M FOX P01365820 2022274000 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MARK ROOSEVELT 60 COLLEGE AVENUE ANNAPOLIS MD 21401 88279780 0 X WWW.SJC.EDU X 1784 MD TO PROVIDE POST-SECONDARY EDUCATION. 34 30 887 324 -234924 0 41938107 32150956 40796598 35012978 2503764 1252117 7314 79291 85245783 68495342 16973318 14215320 0 0 31977626 29453965 0 0 3683696 21748215 21139965 70699159 64809250 14546624 3686092 350149527 405625235 63145470 58697832 287004057 346927403 X ST. JOHN'S DISTINCTIVE LIBERAL ARTS CURRICULUM AND EDUCATIONAL PRACTICES HAVE LONG GIVEN IT A HIGHLY RESPECTED PLACE AMONG AMERICAN COLLEGES AND UNIVERSITIES. ITS STRONG COMMITMENT TO COLLABORATIVE INQUIRY AND TO THE STUDY OF ORIGINAL TEXTS MAKES ST. JOHN'S COLLEGE A PARTICULARLY VIBRANT COMMUNITY OF LEARNING. THROUGH CLOSE ENGAGEMENT WITH THE WORKS OF SOME OF THE WORLD'S GREATEST WRITERS AND THINKERS, UNDERGRADUATE AND GRADUATE STUDENTS AT ST. JOHN'S COLLEGE GRAPPLE WITH FUNDAMENTAL QUESTIONS THAT CONFRONT US AS HUMAN BEINGS. 0 0 43070608 14215320 35090545 GRADUATE & UNDERGRADUATE COURSE OF STUDY FOR APPROXIMATELY 900 STUDENTS. 43070608 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 195 0 1 887 1 1 1 1 CJ 0 0 0 0 0 0 0 0 0 0 X 34 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD NM X ALLY GONTANG-HIGHFIELD 4106262514 60 COLLEGE AVENUE ANNAPOLIS MD 21401 MARK ROOSEVELT PRESIDENT - SANTA FE 35.00 X X 293027 0 126398 PANAYIOTIS PETER KANELOS PRESIDENT - ANNAPOLIS 35.00 X X 264931 0 113360 MICHAEL DURAN TREASURER - SANTA FE & CFO 35.00 X 176989 0 43500 KELLY BROWN VP OF ADVANCEMENT - ANNAPOLIS 35.00 X 159369 0 36621 WALTER STERLING DEAN - SANTA FE 35.00 X X 135698 0 51527 JOSEPH MACFARLAND DEAN - ANNAPOLIS 35.00 X X 140762 0 37911 RIMA ALLY GONTANG-HIGHFIELD TREASURER - ANNAPOLIS 35.00 X 135908 0 30927 SCOTT GREATOREX EXECUTIVE DIRECTOR OF MAJOR GIFTS 35.00 X 144320 0 20517 PHELOSHA M COLLAROS VP OF DEVELOPMENT AND ALUMNI RELATIONS-SF 35.00 X 136820 0 24009 MEHMET GORGULU CIO 35.00 X 124107 0 36367 BENJAMIN BAUM VP OF ENROLLMENT 35.00 X 144142 0 8863 CAROL CARPENTER VP OF COMMUNICATIONS 35.00 X 126158 0 20924 KENNETH BRENT WOLFE TUTOR 35.00 X 118556 0 19746 DAVID TOWNSEND TUTOR 35.00 X 122315 0 15966 MICHAEL S GOLLUBER TUTOR - SANTA FE 35.00 X 121265 0 11719 RONALD H FIELDING CHAIR 1.00 X 0 0 0 LESLIE JUMP VICE CHAIR 1.00 X 0 0 0 JOAN M HARATANI SECRETARY 1.00 X 0 0 0 STEVEN BOHLIN MEMBER 1.00 X 0 0 0 SAMUEL B DAVIDOFF MEMBER 1.00 X 0 0 0 MICHELE C FARQUHAR MEMBER 1.00 X 0 0 0 STEPHAN J FORMAN MEMBER 1.00 X 0 0 0 CAROLINE GORMAN MEMBER 1.00 X 0 0 0 JOHN L GRAY MEMBER 1.00 X 0 0 0 MICHELLE LUJAN GRISHAM EX-OFFICIO 1.00 X 0 0 0 RICHARD GROENENDYKE JR MEMBER 1.00 X 0 0 0 LAWRENCE J HOGAN EX-OFFICIO 1.00 X 0 0 0 LESLIE M KAY MEMBER 1.00 X 0 0 0 THOMAS R KRAUSE MEMBER 1.00 X 0 0 0 DONALD LEOPOLD MEMBER 1.00 X 0 0 0 PERRY A LERNER MEMBER 1.00 X 0 0 0 AUSTIN LIGON MEMBER 1.00 X 0 0 0 RICHARD LINCER MEMBER 1.00 X 0 0 0 PETER MARBER MEMBER 1.00 X 0 0 0 ROB MASS MEMBER 1.00 X 0 0 0 MARK PARENTI EX-OFFICIO 1.00 X 0 0 0 ELIZABETH POWERS MEMBER 1.00 X 0 0 0 KAREN PRITZKER MEMBER 1.00 X 0 0 0 KEN RESNICK MEMBER 1.00 X 0 0 0 SUSAN SHAMOS MEMBER 1.00 X 0 0 0 SARAH SHEPHERD MEMBER 1.00 X 0 0 0 WARREN J SPECTOR MEMBER 1.00 X 0 0 0 ADRIAN TREVISAN MEMBER 1.00 X 0 0 0 JOHANNA WILSON MEMBER 1.00 X 0 0 0 DELORES E WOLF MEMBER 1.00 X 0 0 0 2344367 0 598355 30 0 1 0 AMERESCO PO BOX 419135 BOSTON MA 02241 PROJECT MANAGEMENT 4819447 AR MARANI INC 7500 HARFORD RD BALTIMORE MD 21234 CAMPUS IMPROVEMENT 1911831 BON APPETIT PO BOX 417632 BOSTON MA 02241 DINING SERVICES 1147594 HANNA PLUMBING AND HEATING SERVICES PO BOX 90995 ALBUQUERQUE NM 87199 HVAC AND PLUMBING SERVICES 929420 SAGE DINING SERVICE 1402 YORK ROAD LUTHERVILLE MD 21093 DINING SERVICES 839794 25 2300 9329058 22819598 4025819 32150956 TUITION AND FEES 611710 27606868 27606868 ROOM AND BOARD FEES 611710 5445836 5445836 OTHER PROGRAM SERVICES 611710 1816923 1816923 AUXILIARY ENTERPRISES 611710 143351 143351 35012978 -9805641 -234924 -9570717 30655593 19597835 11057758 11057758 11057758 17672 2300 15948 1724 1724 248222 170655 77567 77567 68495342 35090545 -234924 1488765 11176021 11176021 3039299 3039299 2257688 367102 1729538 161048 21421271 15843116 3516371 2061784 1068778 829821 153212 85745 3107329 1849849 1075273 182207 1598899 1124536 321982 152381 85754 85754 256646 256646 1716533 1716533 4107813 1983105 1908050 216658 377371 377371 2327903 1293828 786775 247300 708131 175177 484963 47991 1346417 527298 816002 3117 58136 33118 14626 10392 56758 50114 1260 5384 1442857 1442857 3684535 1695596 1974059 14880 431338 4182 427156 DINING HALL 1649743 1649743 OTHER 1591973 1316937 208149 66887 DEBT EXPENSE 1218807 60648 1110751 47408 LECTURES, EVENTS & REL. 79250 51118 24989 3143 64809250 43070608 18054946 3683696 1107771 42978 6630369 10708836 59379073 54824979 306217 184687 4631975 4282694 373055 371242 353546 431901 173509215 84930175 81253114 88579040 49560102 57879159 142551596 186891677 4002709 1428042 350149527 405625235 29646455 25209510 570822 394506 1203433 1720704 26490000 31003088 4654890 0 579870 370024 63145470 58697832 X 27103596 43481644 259900461 303445759 287004057 346927403 350149527 405625235 X 3686092 49460842 6776412 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X RARE AND OLD LIBRARY BOOKS 0 234012897 15235593 48129730 4690486 8749571 283938163 217294158 13818934 14217964 4227401 7090758 234012897 201121267 21273507 5846049 5123672 5822993 217294158 195698784 6203077 7763088 3886220 4657462 201121267 152003716 32128616 22283111 4512710 6203949 195698784 0.03014 0.76535 0.20451 1 0 4886666 4886666 156107111 75213825 80893286 11385739 9716350 1669389 1129699 1129699 88579040 GLOBAL EQUITY FUNDS 98285816 C HEDGE FUNDS 50596029 C PRIVATE EQUITY FUNDS 36695747 C CHARITABLE REMAINDER TRUSTS 1314085 C 186891677 DEFERRED BOND ISSUE COSTS -465375 UNAMORTIZED BOND PREMIUM -693708 ASSET RETIREMENT OBLIGATIONS 1529107 370024 X 102210934 49460842 186603 49647445 52563489 1716533 14215320 15931853 68495342 49064000 186603 186603 48877397 1716533 14215320 15931853 64809250 PART III, LINE 4: SANTA FE THE ARTWORK PLACED AROUND CAMPUS, AS WELL AS LIBRARY BOOK COLLECTION, FURTHER THE PURPOSE OF THE COLLEGE BY EXPOSING STUDENTS TO FINE WORKS OF ART, IN BOTH THE WRITTEN AND SCULPTED FORM THE EXCELLENCE AND DEPTH OF THOUGHT AND CREATIVITY EXPECTED OF OUR STUDENTS. ANNAPOLIS THE COLLECTION IS AN ECLECTIC ASSEMBLAGE OF FINE AND DECORATIVE ART OBJECTS THAT HAVE BEEN GIVEN TO THE COLLEGE OVER THE YEARS. THIS COLLECTION RANGES FROM UNFRAMED REPRODUCTION POSTERS TO FINE CHINESE SILK PAINTINGS. MANY OF THESE OBJECTS ARE ON DISPLAY THROUGHOUT CAMPUS AND ENRICH CLASSROOM, COMMON, AND OFFICE SPACES. PART V, LINE 4: ENDOWMENT FUNDS ARE DONOR RESTRICTED AND ARE USED TO FUND FACULTY AND STUDENT FINANCIAL AID. PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE COLLEGE AND HAS CONCLUDED THAT AS OF JUNE 30, 2021, THERE WERE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 15,948. COST OF GOODS SOLD 170,655. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 14,215,320. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 170,655. SPECIAL EVENTS EXPENSES 15,948. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 14,215,320. PART V, LINE 1B, COLUMNS (C) AND (D): THE ENDOWMENT SCHEDULE WAS RESTATED IN FY19 FOR THE INCLUSION OF PLEDGES, WHICH IS CONSISTENT WITH THE PRESENTATION IN THE AUDITED FINANCIAL STATEMENTS. 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 ST. JOHN'S COLLEGE NONDISCRIMINATION POLICY CAN BE FOUND IN BOTH ITS RECRUITMENT MATERIALS AND IN ITS STUDENT HANDBOOK. THE HANDBOOK IS DISTRIBUTED TO STUDENTS AS PART OF THE REGISTRATION PROCESS. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES FUNDING FROM THE FOLLOWING SOURCES: PELL, COLLEGE WORK STUDY, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, GUARANTEED STUDENT LOAN, THE STATE OF MARYLAND, AND THE STATE OF NEW MEXICO. ALL ASSISTANCE IS PROVIDED TO STUDENTS BASED ON FINANCIAL NEED. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 528796 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTMAKING 18131 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING 1143312 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING 529429 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTMAKING 29737 NORTH AMERICA 0 0 GRANTMAKING 108575 RUSSIA AND NEIGHBORING STATES 0 0 GRANTMAKING 258180 SOUTH AMERICA 0 0 GRANTMAKING 94438 SOUTH ASIA 0 0 GRANTMAKING 531807 SUB-SAHARAN AFRICA 0 0 GRANTMAKING 325690 0 0 0 0 0 0 2710598 857497 3568095 SCHOLARSHIPS & ASSISTANCE CENTRAL AMERICA AND THE CARIBBEAN 2 18131 SCHOLARSHIPS & ASSISTANCE EAST ASIA AND THE PACIFIC 83 1143312 SCHOLARSHIPS & ASSISTANCE EUROPE (INCLUDING ICELAND & GREENLAND) 29 529429 SCHOLARSHIPS & ASSISTANCE MIDDLE EAST AND NORTH AFRICA 1 29737 SCHOLARSHIPS & ASSISTANCE NORTH AMERICA 7 108575 SCHOLARSHIPS & ASSISTANCE RUSSIA AND NEIGHBORING STATES 15 258180 SCHOLARSHIPS & ASSISTANCE SOUTH AMERICA 7 94438 SCHOLARSHIPS & ASSISTANCE SOUTH ASIA 29 531807 SCHOLARSHIPS & ASSISTANCE SUB-SAHARAN AFRICA 19 325690 1 0 0 0 1 0 PART I, LINE 2: THE COLLEGE MONITORS THE USE OF GRANT FUNDS TO INTERNATIONAL STUDENTS IN THE FINANCIAL AID OFFICE. PERSONNEL REVIEW STUDENT NEED ON A YEARLY BASIS AND AWARD GRANTS BASED ON NEED AND ELIGIBILITY. PART III ACCOUNTING METHOD: HOMECOMING CAMPUS WIDE 11500 0 11500 500 14448 MOTH SANTE FE 8472 2300 6172 1000 19972 2300 17672 1500 14448 15948 1724 1 SJC GRANTS (UNDERGRADUATE) 620 8642009 SJC GRANTS (GRADUATE) 133 1243055 FEDERAL PELL GRANT PROGRAM 184 837000 SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS 180 338861 MARYLAND STATE SCHOLARSHIP 16 99900 NEW MEXICO STATE INCENTIVE GRANTS 10 15196 PART I, LINE 2: THE COLLEGE MONITORS THE USE OF GRANT FUNDS IN THE FINANCIAL AID OFFICE. PERSONNEL REVIEW STUDENT NEED ON A YEARLY BASIS AND AWARD GRANTS BASED ON NEED AND ELIGIBILITY. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 MARK ROOSEVELT PRESIDENT - SANTA FE 280489 0 0 0 12538 0 17751 0 108647 0 419425 0 0 0 PANAYIOTIS PETER KANELOS PRESIDENT - ANNAPOLIS 264931 0 0 0 0 0 14945 0 98415 0 378291 0 0 0 MICHAEL DURAN TREASURER - SANTA FE & CFO 176989 0 0 0 0 0 11402 0 32098 0 220489 0 0 0 KELLY BROWN VP OF ADVANCEMENT - ANNAPOLIS 159369 0 0 0 0 0 10370 0 26251 0 195990 0 0 0 WALTER STERLING DEAN - SANTA FE 135498 0 0 0 200 0 11937 0 39590 0 187225 0 0 0 JOSEPH MACFARLAND DEAN - ANNAPOLIS 140762 0 0 0 0 0 9098 0 28813 0 178673 0 0 0 RIMA ALLY GONTANG-HIGHFIELD TREASURER - ANNAPOLIS 135908 0 0 0 0 0 8845 0 22082 0 166835 0 0 0 SCOTT GREATOREX EXECUTIVE DIRECTOR OF MAJOR GIFTS 144320 0 0 0 0 0 3115 0 17402 0 164837 0 0 0 PHELOSHA M COLLAROS VP OF DEVELOPMENT AND ALUMNI RELATIONS-SF 136620 0 0 0 200 0 8693 0 15316 0 160829 0 0 0 MEHMET GORGULU CIO 124107 0 0 0 0 0 8052 0 28315 0 160474 0 0 0 BENJAMIN BAUM VP OF ENROLLMENT 143334 0 0 0 808 0 8743 0 120 0 153005 0 0 0 PART I, LINE 1A THE PRESIDENTS OF THE ANNAPOLIS (PANO KANELOS) AND SANTA FE (MARK ROOSEVELT) CAMPUSES ARE PROVIDED WITH HOUSING FOR THE CONVENIENCE OF THE COLLEGE AND IS A CONDITION OF EMPLOYMENT (PER EMPLOYMENT CONTRACT) THAT THE PRESIDENT RESIDE IN THE HOUSE PROVIDED. THE PRESIDENTS' HOMES ARE USED FOR MANY COLLEGE ACTIVITIES INCLUDING HOSTING EVENTS FOR STUDENTS, FACULTY, AND COLLEGE SUPPORTERS. THE CALCULATED NONTAXABLE BENEFIT RECEIVED BY EACH PRESIDENT FOR THE PERSONAL USE OF THE HOUSING AMOUNTED TO $70,100 AND $68,590 FOR ANNAPOLIS AND SANTA FE, RESPECTIVELY. IN ADDITION, PERSONAL SERVICES SUCH AS LANDSCAPER AND MAIDS ARE PROVIDED TO MAINTAIN THE UPKEEP ON THE RESIDENCE. A PUBLIC FINANCE AUTHORITY 273866124 74442PCE3 2016-05-10 23866212 REFUNDED 1998, 2007B, AND 2011 SERIES BONDS, NEW MONEY 0 0 0 B MARYLAND HEALTH AND HIGHER EDUCATION FACILITIES AUTHORITY 520936091 57421CAS3 2020-07-27 8816046 REFUNDED 2007A&B BONDS, NEW MONEY, REFINANCE 0 0 0 A 1945000 23866212 7820877 477324 8629341 6976916 2018 0 0 0 1 B 310000 8816046 653400 3506230 77619 5000000 0 0 0 1 A 0 0 0 0 0 0 1 B 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 A 1 B 1 PART IV - NO REBATE DUE BOND A THE REBATE COMPUTATION FOR THE CITY OF ANNAPOLIS MARYLAND SERIES A&B BOND WAS PERFORMED ON JUNE 7, 2013. BOND B THE REBATE COMPUTATION FOR THE 2016 PUBLIC FINANCE AUTHORITY BOND WAS PERFORMED ON APRIL 30, 2019 AND NO REBATE LIABILITY EXISTS. X 2 217900 APPRAISAL X 34569 APPRAISAL X 48000 APPRAISAL X 40 3725350 AVERAGE OF HIGH/LOW 0 1 0 PART I, COLUMN (B): THE TOTAL REPRESENTS THE TOTAL NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE COMPLETED FULL FORM 990 IS FURNISHED TO THE AUDIT AND COMPLIANCE COMMITTEE OF THE BOARD. THE COMMITTEE WILL CONDUCT A REVIEW OF THE 990. UPON DISCUSSION AND REVIEW, THE COMMITTEE WILL MOTION AND APPROVE THE ACCEPTANCE OF THE FORM 990 AND POST A COPY OF THE COMPLETED 990 (EXCLUDING SCHEDULE B) ON A SECURE PORTAL FOR FULL BOARD REVIEW. THE AUDIT AND COMPLIANCE COMMITTEE WILL ALSO GRANT THE CHIEF FINANCIAL OFFICER PERMISSION TO PROCEED WITH SIGNING AND FILING THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MONITORED AND COMPLIANCE IS ENFORCED THROUGH A YEARLY STATEMENT ALONG WITH THE COLLEGE'S POLICY BEING DISTRIBUTED TO ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES FOR REVIEW AND SIGNATURE. THE SIGNED STATEMENTS ARE RETURNED TO BOTH THE PRESIDENT OF THE ANNAPOLIS CAMPUS AND THE PRESIDENT OF THE SANTA FE CAMPUS FOR REVIEW AND FOLLOW-UP. ANY POTENTIAL CONFLICTS ARE DISCUSSED BETWEEN THE PARTIES AND A RESOLUTION IS MADE TO RESOLVE THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 WITH RESPECT TO THE COMPENSATION OF THE DEANS, VICE PRESIDENTS AND TREASURERS, THE PRESIDENTS WORKED WITH THE PERSONNEL/HUMAN RESOURCE DIRECTORS TO GATHER PRIOR SALARY HISTORY AND TO LOOK AT COMPETITIVE MARKET DATA. THE JOB DESCRIPTIONS FOR THE DEANS, VICE PRESIDENTS, AND TREASURERS ARE ALSO EVALUATED IN THE COLLEGE'S HRIS SYSTEM, COMPEASE, WHICH GENERATES A SALARY RANGE FOR EACH POSITION. AFTER CONSULTING WITH THE BOARD'S EXECUTIVE COMMITTEE, A STARTING SALARY OFFER IS AGREED UPON. THAT COMMITTEE CONSIDERS THE RECOMMENDATIONS OF THE PRESIDENTS RELATIVE TO THE VICE PRESIDENTS AND TREASURERS, AND CONSIDERS THE PROJECTED FORMULA-BASED SALARIES OF THE DEANS, ALL IN LIGHT OF THE EXTERNAL COMPARISONS PROVIDED BY THE PERSONNEL/HR DIRECTORS. THE COMMITTEE ALSO CONSIDERS THE BENEFITS PROVIDED TO THE OFFICERS THAT MAKE UP A PART OF THE TOTAL COMPENSATION PACKAGE. AS FOR THE RECOMMENDATIONS RELATIVE TO THE PRESIDENTS, THOSE SALARIES AND BENEFITS ARE REVIEWED BY THE EXECUTIVE COMMITTEE IN THE ABSENCE OF THE PRESIDENTS AND AFTER RECEIVING REPORTS FROM THE BOARD CHAIR CONCERNING THE PERFORMANCE OF THE PRESIDENTS UPON REVIEW BY THE PRESIDENTIAL REVIEW COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 FORM 1023, FORM 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. IN ADDITION, THE FORM 990 IS AVAILABLE ON GUIDESTAR (CANDID) AND THE CONFLICT OF INTEREST POLICY IS PUBLISHED ANNUALLY IN THE STAFF HANDBOOK. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 2,263,787. NET PERIODIC BENEFIT CREDIT OTHER THAN SERVICE COST 481,928. POSTRETIREMENT CHANGES OTHER THAN NET PERIODIC BENEFIT CREDIT 4,030,697. CHARITABLE REMAINDER UNITRUSTS (3) INVESTMENT MD N/A T 0 CHARITABLE REMAINDER UNITRUSTS (3) INVESTMENT NM N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0