2022-03-15T17:17:46-05:00 2021-06-30 390859910 BAKER TILLY US LLP 225 S 6TH ST 2300 MINNEAPOLIS MN 55402 990 2020-07-01 910473310 WHITWORTH UNIVERSITY WHIT 5097774225 300 W HAWTHORNE ROAD SPOKANE WA 99251 LAWRENCE PROBUS VP, FINANCE & ADMINISTRATION 5097774225 2022-03-03 1 LAWRENCE PROBUS XXX-XX-XXXX LAWRENCE H MOHR CPA P00447603 6128764500 2022-03-03 X 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z SCOTT MCQUIKIN 300 W HAWTHORNE ROAD SPOKANE WA 99251 315572173 0 X WWW.WHITWORTH.EDU X 1890 WA SINCE 1890, WHITWORTH HAS HELD FAST TO ITS FOUNDING MISSION OF PROVIDING "AN EDUCATION OF MIND AND HEART" THROUGH RIGOROUS INTELLECTUAL INQUIRY GUIDED BY DEDICATED CHRISTIAN SCHOLARS. RECOGNIZED AS ONE OF THE TOP REGIONAL COLLEGES AND UNIVERSITIES IN THE WEST, WHITWORTH UNIVERSITY HAS AN ENROLLMENT OF OVER 3,100 STUDENTS AS OF THE FALL OF 2020 AND OFFERS 76 UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS. IN RECENT YEARS, WHITWORTH HAS ENJOYED RECORD LEVELS OF STUDENT ENROLLMENT AND RETENTION, A VERY STRONG FINANCIAL POSITION, AND INCREASED EXTERNAL VISIBILITY. 35 34 2127 67 0 0 10592823 24338552 129631182 129928650 2190858 61018866 62634 54047 142477497 215340115 63781644 65870564 0 0 52576068 49308247 93749 0 2908106 31677818 29858037 148129279 145036848 -5651782 70303267 335005537 388239999 114789884 115593717 220215653 272646282 X SINCE 1890, WHITWORTH HAS HELD FAST TO ITS FOUNDING MISSION OF PROVIDING "AN EDUCATION OF MIND AND HEART" THROUGH RIGOROUS INTELLECTUAL INQUIRY GUIDED BY DEDICATED CHRISTIAN SCHOLARS. 0 0 113889927 63741790 117960326 WHITWORTH UNIVERSITY'S ENROLLMENT (2020-21): UNDERGRADUATE: 2,630 GRADUATE: 389. UNDER-REPRESENTED ETHNIC ENROLLMENT UNDERGRADUATE: 32 PERCENT. SIX-YEAR GRADUATION RATE (2020-21): 76.5 PERCENT OF FIRST-TIME, FULL-TIME STUDENTS ENROLLED IN FALL 2014 GRADUATED WITHIN SIX YEARS. FRESHMAN-TO-SOPHOMORE RETENTION RATE (2020-21): 80.8 PERCENT. THE UNIVERSITY UNDERGRADUATE STUDENT BODY HAS A COMPOSITION OF 64.1%/35.9% WHITE/NON-WHITE; 62.2%/37.8% FEMALE/MALE AND REPRESENTATION OF 34 COUNTRIES. THE UNIVERSITY OFFERS 60 UNDERGRADUATE AND 16 GRADUATE DEGREE PROGRAMS; THE MOST PROMINENT UNDERGRADUATE DEGREES ARE BUSINESS/ECONOMICS, HEALTH SCIENCE, BIOLOGY, EDUCATION, MATH AND COMPUTER SCIENCE, AND PSYCHOLOGY. FISCAL YEAR 2020-21 IS ALSO THE 20TH YEAR IN A ROW THAT WHITWORTH UNIVERSITY HAS BEEN IN THE TOP RANKINGS OF U.S. NEWS AND WORLD REPORT. 2475051 2128774 6446985 STUDENT SERVICES: WHITWORTH'S RESIDENCE HALLS AND/OR ON-CAMPUS HOUSES/APARTMENTS ACCOMMODATE OVER 900 STUDENTS (FALL 2020). WHITWORTH HAS A TWO-YEAR RESIDENCY REQUIREMENT. THE UNIVERSITY OFFERS 9 HALLS AND 27 THEME HOUSES. STUDENT CLUBS AND ORGANIZATIONS: WHITWORTH HAS OVER 40 STUDENT CLUBS, RANGING FROM AMNESTY INTERNATIONAL TO THE HAWAIIAN CLUB. 2883210 5521339 AUXILIARY SERVICES: HISTORICALLY WHITWORTH UNIVERSITY HAS PROVIDED DINING SERVICES TO OVER 900 RESIDENT STUDENTS AND TO THE MANY OTHER STUDENTS WHO LIVE OFF CAMPUS. IN FISCAL YEAR 2020-21, AUXILIARY SERVICES GENERATED GROSS REVENUES OF OVER $12 MILLION, WHICH HELPED SUPPORT THE ACADEMIC AND STUDENTS SERVICES PROVIDED TO THE MORE THAN 3,000 UNDERGRADUATE AND GRADUATE STUDENTS REGISTERED AT THE UNIVERSITY. IN FY 2021, AUXILIARY REVENUES CONTINUED TO BE ADVERSELY IMPACTED BY THE GLOBAL COVID PANDEMIC AS LESS STUDENTS RETURNED TO SCHOOL IN FY 2021. 119248188 1 1 0 1 0 0 0 0 0 1 1 1 0 1 1 1 0 1 1 1 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 1 1 0 0 0 1 99 0 2127 1 1 1 1 CS CJ 0 0 0 1 1 0 0 0 0 X 35 34 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AK CA CO MA NH SC WA X X LUZ MERKEL 5097774225 300 W HAWTHORNE ROAD SPOKANE WA 99251 BECK TAYLOR TRUSTEE & PRESIDENT (OUTGOING) 40.00 5.00 X X 935539 0 98125 GREG ORWIG VP ADMISSIONS & FINANCE 40.00 X 148984 0 64091 LAWRENCE PROBUS VP FOR FINANCE & ADMIN 40.00 5.00 X 179339 0 20870 DR SCOTT MCQUILKIN VP & INTERIM PRESIDENT 40.00 10.00 X 179451 0 19221 DR TIMOTHY WILKINSON DEAN, SCHOOL OF BUSINESS 40.00 X 172277 0 20674 GREGORY WINTZ PROGRAM DIRECTOR-OCCUPATIONAL THERAPY 40.00 X 153893 0 16604 DR NOELLE WIERSMA DEAN, COLLEGE OF ARTS & SCIENCES 40.00 X 145653 0 16979 KENNETH BROWN CHIEF INFORMATION OFFICER 40.00 X 141747 0 17249 RONALD JACOBSON DEAN, SCHOOL OF EDUCATION 40.00 X 145964 0 10323 RHOSETTA RHODES VP FOR STUDENT LIFE 40.00 X 144540 0 10505 GREGOR THUSWALDNER PROVOST & EXECUTIVE VP 40.00 X 97634 0 30207 DR CAROLINE SIMON FORMER PROVOST & EVP 40.00 X 105659 0 11824 BRIAN KIRKPATRICK CHAIR 1.00 X X 0 0 0 SCOTT CHANDLER VICE CHAIR 1.00 X X 0 0 0 JAMES BENNETT TREASURER 1.00 X X 0 0 0 SHELLY O'QUINN SECRETARY 1.00 X X 0 0 0 PETER BARNES TRUSTEE 1.00 X 0 0 0 MARK BENSON TRUSTEE 1.00 X 0 0 0 CHARLES BOPPELL TRUSTEE 1.00 X 0 0 0 JEREMIAH CASE TRUSTEE 1.00 X 0 0 0 PAUL CUNNINGHAM TRUSTEE 1.00 X 0 0 0 TRAVIS DOWNS TRUSTEE 1.00 X 0 0 0 SCOTT DUDLEY TRUSTEE 1.00 X 0 0 0 ANDREW ERICKSON TRUSTEE 1.00 X 0 0 0 DAVID FLESHER TRUSTEE 1.00 X 0 0 0 NANCY TRUMBLE FOX TRUSTEE 1.00 X 0 0 0 ROBYN HOGUE TRUSTEE 1.00 X 0 0 0 GARY HOPKINS TRUSTEE 1.00 X 0 0 0 JOSHUA HUG TRUSTEE 1.00 X 0 0 0 JOHN KAITES TRUSTEE 1.00 X 0 0 0 ANDREA LAIRSON TRUSTEE 1.00 X 0 0 0 JULIE LEVI TRUSTEE 1.00 X 0 0 0 OCTAVIO MORALES TRUSTEE 1.00 X 0 0 0 DAVID MYERS TRUSTEE 1.00 X 0 0 0 DAVID NELSON TRUSTEE 1.00 X 0 0 0 WALTER OLIVER TRUSTEE 1.00 X 0 0 0 ERIC PETERSON TRUSTEE 1.00 X 0 0 0 LAWANDA DENICE RANDLE TRUSTEE 1.00 X 0 0 0 JENNIFER RATCLIFFE TRUSTEE 1.00 X 0 0 0 BARBARA RICHTER TRUSTEE 1.00 X 0 0 0 ANDREW ROBBLEE TRUSTEE 1.00 X 0 0 0 KENNETH ROBERTS TRUSTEE 1.00 X 0 0 0 FRED STOCKTON TRUSTEE 1.00 X 0 0 0 ANNE STORM TRUSTEE 1.00 X 0 0 0 JASON THACKSTON TRUSTEE 1.00 X 0 0 0 BRENDA WILLIAMS TRUSTEE 1.00 X 0 0 0 TERRI WILSON TRUSTEE 1.00 X 0 0 0 2550680 0 336672 47 1 1 0 WALKER CONSTRUCTION PO BOX 3901 SPOKANE WA 992203901 CONSTRUCTION/LANDSCAPE 8683281 SODEXO CAMPUS SERVICES 9801 WASHINGTONIAN BLVD MS 31 GAITHERSBURG MD 20878 FOOD SERVICES 4096807 LEONE & KEEBLE INC PO BOX 2747 SPOKANE WA 992202747 CONSTRUCTION/LANDSCAPE 3093038 ELLUCIAN COMPANY LP 4 COUNTRY VIEW RD MALVERN PA 19355 COMPUTER SERVICES 610125 COMPUNET INC 505 S FLORENCE ST GRANGEVILLE ID 835302324 COMPUTER EQUPMENT 503178 25 40775 711176 6755507 16831094 201802 24338552 TUITION AND FEES 611710 117050815 117050815 AUXILIARY ENTERPRISES 611710 12010514 12010514 SALES AND SERVICES 611710 867321 867321 129928650 7147385 7147385 12600 3711 8889 8889 8889 154080127 100208646 53871481 53871481 53871481 64859 40775 19701 45158 45158 215340115 129928650 0 61072913 65870564 65870564 2183361 371171 1397351 414839 35250687 23617960 10575206 1057521 813486 545035 244046 24405 8492244 5774726 2547673 169845 2568469 1720871 770539 77059 97421 38969 51633 6819 116990 116990 7885 7885 1183645 887734 295911 1526230 843763 605761 76706 815123 570586 163025 81512 2129844 1235310 851938 42596 2794133 1676480 1033829 83824 425 425 1184957 223975 927845 33137 572431 257594 286216 28621 2824691 1892543 847407 84741 3644339 3644339 5912828 4911815 940496 60517 306660 229996 70532 6132 STUDENT DINING PROGRAM/ 3506732 2805387 385740 315605 EQUIPMENT/REPAIRS/OTHER 1976744 1186048 770930 19766 FED GRANT ADMIN EXPENSE 685935 685935 SUBSCRIPTIONS, PUBLICAT 571024 256962 285512 28550 145036848 119248188 22880554 2908106 3239319 11024828 5123906 10224508 3366521 3744239 2906176 2297361 155532 93941 886936 1197308 234615663 105605083 115633519 129010580 104146285 134760095 50442727 54688587 49104616 41198552 335005537 388239999 9482672 9942998 2340282 1752953 2012672 4015919 87325717 86866796 8380000 6785000 5248541 6230051 114789884 115593717 X 65499356 74662134 154716297 197984148 220215653 272646282 335005537 388239999 X 70303267 -21772742 3900104 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 7885 1 0 0 7885 0 PART II-B, LINE 1: THE UNIVERSITY BELONGS TO THE INDEPENDENT COLLEGES AND UNIVERSITIES OF WASHINGTON, THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES, AND THE COUNCIL FOR CHRISTIAN COLLEGES AND UNIVERSITIES, AND AS SUCH PARTICIPATES IN THE LOBBYING ACTIVITIES OF SUCH ORGANIZATIONS. ACW INDICATED THE ESTIMATED AMOUNT OF THE UNIVERSITY FEES DEDICATED TO LOBBYING IN FYE 21 WAS $5,819. NAICU INDICATED THE ESTIMATED AMOUNT OF THE UNIVERSITY FEES DEDICTATED TO LOBBYING IN FYE 21 WAS $683. CCCU DEDICATED $1,382 FOR ADVOCACY IN FYE 21. 165245719 3685641 39013233 4737414 203207179 156047569 3664905 10025652 4492407 165245719 151179044 1966607 7201718 4299800 156047569 141884815 4575301 9436289 4018807 698554 151179044 127378713 2743604 15525736 3763238 141884815 0.09772 0.39006 0.51220 1 0 5631313 5631313 181427378 74335641 107091737 18675528 15696001 2979527 28881444 15573441 13308003 129010580 REAL ESTATE INVESTMENT 14255097 F NOTES REC. COLL/REAL ESTATE 23000 F SINGLE PREMIUM LIFE INS. POLICY 168373 F LIMITED PARTNERSHIPS 2821067 F PRIVATE EQUITY FUNDS 11921139 F FIXED INCOME 15721583 F HEDGE FUNDS 9778328 F 54688587 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 31727450 DEPOSITS HELD BY TRUSTEE 8471102 OTHER ASSETS - COSTA RICA LAND 1000000 41198552 STUDENT DEPOSITS 3953377 ASSET RETIREMENT OBLIGATION 1179834 INTEREST RATE EXCHANGE LIABILITY 1096840 6230051 X PART V, LINE 4: THE ENDOWMENT FUNDS ARE MAINLY USED TO PROVIDE SCHOLARSHIP SUPPORT TO STUDENTS SO THAT THEY CAN ATTEND THE UNIVERSITY. SOME OF THE FUNDS ARE ALSO USED TO PROVIDE FUNDING SUPPORT FOR RESEARCH AND DEPARTMENTAL ACTIVITIES. PART X, LINE 2: THE UNIVERSITY FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE UNIVERSITY FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2021 AND 2020. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AUTHORITIES. 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 NON-DISCRIMINATION POLICY IS PUBLISHED IN ALL STUDENT BROCHURES AND WEBSITES. THE POLICY IS ALSO PUBLISHED IN THE LOCAL NEWSPAPER AT LEAST ONCE DURING THE FISCAL YEAR. SCHEDULE E, PART I, LINE 6 WHITWORTH UNIVERSITY PARTICIPATES IN THE FEDERAL FINANCIAL AID PROGRAM AND AS SUCH, MANAGES FEDERAL AND STATE AID THAT IS ALLOCATED TO THE STUDENTS. 1 CENTRAL AMERICA AND THE CARIBBEAN 1 2 PROGRAM SERVICES CARING OF ASSETS FORMERLY USED FOR ACADEMIC PROGRAM 204700 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENT 1800976 1 2 0 0 1 2 2005676 0 2005676 1 0 1 1 1 0 PART III ACCOUNTING METHOD: SCHEDULE F, PART IV, LINE 4: NO STUDENTS PARTICIPATED IN STUDY ABROAD PROGRAMS DURING THE FISCAL YEAR ENDED JUNE 30,2021, DUE TO COVID RESTRICTIONS. SCHEDULE F, PART IV, LINE 4: THE UNIVERSITY INVESTS IN PARTNERSHIPS THAT HOLD DIRECT OR INDIRECT INTERESTS IN PASSIVE FOREIGN INVESTMENT COMPANIES. THE INVESTMENT PARTNERSHIPS HAVE PROPERLY FILED FORM 8621, OR THE UNDERLYING INVESTMENTS DID NOT GENERATE ANY UNRELATED BUSINESS INCOME. UNDER THESE FACTS, IT IS NOT NECESSARY FOR THE UNIVERSITY TO FILE FORM 8621. SCHEDULE F, PART IV, LINE 5: THE UNIVERSITY INVESTS IN PARTNERSHIPS THAT HOLD DIRECT OR INDIRECT INTERESTS IN FOREIGN PARTNERSHIPS. HOWEVER, THE UNIVERSITY DOES NOT MEET THE FILING REQUIREMENTS OF FORM 8865 AS A RESULT. PIRATE NIGHT 33665 26165 7500 GOLF 44810 8610 36200 1663 350 1 27159 6000 21159 17338 350 105634 40775 64859 19001 700 19701 45158 1 FINANCIAL AID FOR TUITION, ROOM AND BOARD EXPENSES 2718 63741790 SCHOLARSHIPS AND GRANTS FOR UNIVERSITY TUITION HIGHER EDUCATION EMERGENCY RELIEF FUND (STUDENT PORTION) 1375 2128774 PART I, LINE 2: STUDENTS MUST SUBMIT THEIR FAFSA FEDERAL FORM TO DOCUMENT THEIR NEED FOR FEDERAL FINANCIAL AID. ONCE THE FINANCIAL AID IS AWARDED, THE GRANTS ARE TRANSMITTED TO THE STUDENTS' INSTITUTIONAL ACCOUNTS TO PAY FOR TUITION CHARGES, THERE IS ALSO A FOLLOW UP PROCESS DURING THE SEMESTER AND SCHOOL YEAR TO ENSURE ACADEMIC CREDITS COMPLETION AND SATISFACTORY ACADEMIC PROGRESS BEFORE ADDITIONAL FINANCIAL AID IS AWARDED. X X X X X X X 1 1 X X X X X X 0 1 0 0 0 0 0 0 0 BECK TAYLOR TRUSTEE & PRESIDENT (OUTGOING) 285602 0 0 0 649937 0 58350 0 39775 0 1033664 0 329791 0 GREG ORWIG VP ADMISSIONS & FINANCE 132517 0 0 0 16467 0 10067 0 54024 0 213075 0 0 0 LAWRENCE PROBUS VP FOR FINANCE & ADMIN 137232 0 0 0 42107 0 11896 0 8974 0 200209 0 0 0 DR SCOTT MCQUILKIN VP & INTERIM PRESIDENT 152667 0 0 0 26784 0 11432 0 7789 0 198672 0 0 0 DR TIMOTHY WILKINSON DEAN, SCHOOL OF BUSINESS 132454 0 0 0 39823 0 11584 0 9090 0 192951 0 0 0 GREGORY WINTZ PROGRAM DIRECTOR-OCCUPATIONAL THERAP 145215 0 0 0 8678 0 8867 0 7737 0 170497 0 0 0 DR NOELLE WIERSMA DEAN, COLLEGE OF ARTS & SCIENCES 140756 0 0 0 4897 0 9214 0 7765 0 162632 0 0 0 KENNETH BROWN CHIEF INFORMATION OFFICER 118919 0 0 0 22828 0 9098 0 8151 0 158996 0 0 0 RONALD JACOBSON DEAN, SCHOOL OF EDUCATION 136848 0 0 0 9116 0 8487 0 1836 0 156287 0 0 0 RHOSETTA RHODES VP FOR STUDENT LIFE 139563 0 0 0 4977 0 9113 0 1392 0 155045 0 0 0 GREGOR THUSWALDNER PROVOST & EXECUTIVE VP 62342 0 0 0 35292 0 15951 0 14256 0 127841 0 0 0 DR CAROLINE SIMON FORMER PROVOST & EVP 77585 0 0 0 28074 0 8434 0 3390 0 117483 0 0 0 PART I, LINE 1A THE COMPENSATION AND BENEFITS OF THE ORGANIZATION'S PRESIDENT ARE ADOPTED AND APPROVED BY AN EXECUTIVE COMPENSATION COMMITTEE WHICH IS A SUB-COMMITTEE OF THE BOARD OF TRUSTEES. TAX IDEMNIFICATION AND GROSS-UP PAYMENTS FOR SOME PAYMENTS AND SOCIAL CLUB DUES WERE INCLUDED IN THE TAXABLE INCOME FOR BECK TAYLOR, PRESIDENT OF THE UNIVERSITY. THE PRESIDENT WAS ALSO PROVIDED WITH A RESIDENCE FOR PERSONAL USE AND PERSONAL CLEANING SERVICES AS A CONDITION OF EMPLOYMENT BECAUSE HE IS REQUIRED TO LIVE ON CAMPUS AND ENTERTAIN VISITORS ON BEHALF OF THE UNIVERSITY. A HOUSING ALLOWANCE OF $30,420 IS INCLUDED WITH NON-TAXABLE BENEFITS FOR BECK TAYLOR ON SCHEDULE J, PART II, COLUMN (D). PART I, LINE 4B DR. BECK TAYLOR PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN UNDER SECTION 457(F). A $34,000 NON-VESTED CONTRIBUTION WAS MADE DURING FY2021, WHICH IS A PART OF COLUMN C IN PART II. DR. BECK TAYLOR RECEIVED A DISTRIBUTION OF SECTION 457(F) FUNDS DURING CALENDAR YEAR 2020. THESE AMOUNTS ARE INCLUDED IN PART II, COLUMN B(III). AMOUNTS CONTRIBUTED BY WHITWORTH UNIVERSITY IN PRIOR YEARS ARE INCLUDED IN PART II, COLUMN (F). A WASHINGTON HIGHER EDUCATION FACILITIES AUTHORITY 911306482 939781P20 2012-03-01 20065060 SEE PART VI 0 0 0 B WASHINGTON HIGHER EDUCATION FACILITIES AUTHORITY 911306482 939781V31 2016-12-22 50409479 SEE PART VI 0 0 0 C WASHINGTON HIGHER EDUCATION FACILITIES AUTHORITY 911306482 9397812G4 2019-12-20 19485000 SEE PART VI 0 0 0 A 2275000 20141992 1211365 1085375 372499 17472752 2015 0 0 1 1 B 6090000 52041213 532079 4042074 47467060 2020 0 1 0 1 C 20828660 219394 328744 13029731 7250790 0 0 0 1 A 0 1 1 1 0 0 0 1 B 0 1 1 1 0 0 0 1 C 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: WASHINGTON HIGHER EDUCATION FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 03/01/2017 SCHEDULE K, PART II, LINE 3: THE DIFFERENCE BETWEEN PART I (E) AND PART II, LINE 3 IS DUE TO INTEREST EARNINGS ON BOND PROCEEDS. SCHEDULE K, PART I, COLUMN F: THE 2016 BONDS WERE ISSUED TO PROVIDE FUNDS FOR THE CONSTRUCTION OF AN ATHLETIC BUILDING AND REFUNDING OF A PRIOR ISSUE; THE 2016 BONDS REFUND THE BORROWER'S SERIES 2009 (ISSUED 11/04/09); BONDS REFUNDED BY SERIES 2009: SERIES 2006 (ISSUED SEPTEMBER 28, 2006), SERIES 2001 (ISSUED OCTOBER 10, 2001), AND SERIES 1998 (ISSUED DECEMBER 22, 1998). THE 2012 BONDS WERE ISSUED TO PROVIDE FUNDS FOR A DINING HALL ADDITION, A NEW STUDENT REC CENTER, A NEW RESIDENT HALL DESIGN, AND VARIOUS REPAIR PROJECTS. THE 2019 BONDS WERE ISSUED TO PROVIDE FUNDS FOR THE FINANCING OF CERTAIN CAPITAL FACILITIES INCLUDING THE HEALTH SCIENCE BUILDING, THE NEW TRADES/FACILITY SERVICES BUILDING, COWLES AUDITORIUM AND THE ATHLETIC LEADERSHIP CENTER. SCHEDULE K, PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS REPORTED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. AVISTA UTILITIES JASON THACKSTON (TRUSTEE) IS AN OFFICER OF AVISTA UTILITIES. 1249165 UTILITY EXPENSE 0 X 9 188996 FAIR MARKET VALUE X GALA AUCTION 4 12806 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): COLUMN B SHOWS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM, THEN REVIEWED BY SENIOR MANAGEMENT AND THE AUDIT COMMITTEE OF THE BOARD. THE PUBLIC VERSION OF FORM 990 IS THEN PLACED IN A SECURE WEBSITE FOR INSPECTION AND REVIEW BY THE FULL BOARD OF TRUSTEES BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C STAFF AND FACULTY: AT THE BEGINNING OF THE YEAR, WE TIE THE COMPLETION OF THE CONFLICT OF INTEREST DISCLOSURE FORM TO BEING ABLE TO AUTHORIZE OR REQUEST ANY PAYMENT FOR THE UNIVERSITY. THIS IS TRACKED IN A DATABASE. TRUSTEES: THE SECRETARY OF THE BOARD ENSURES THAT EVERY TRUSTEE COMPLETES THE DISCLOSURE FORM EVERY FALL MEETING. IF ANYONE'S FORM IS MISSING, SHE OR HER ASSISTANT FOLLOW UP UNTIL THE FORM IS COMPLETED. THEN, THE AUDIT COMMITTEE REVIEWS THOSE FORMS WITH DISCLOSED CONFLICT DURING THE FALL MEETING FOR THE STAFF AND FACULTY AND DURING THE SPRING FOR TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE PRESIDENT WAS REVIEWED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES IN JUNE 2020; THIS PROCESS INVOLVED AN INDEPENDENT ANALYSIS BY AN OUTSIDE CONSULTANT WHO COMPARED COMPENSATION FOR THIS INDIVIDUAL AGAINST PEER INSTITUTIONS. COMPENSATION FOR KEY OFFICERS REPORTING TO THE PRESIDENT WAS REVIEWED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES IN JUNE 2020; THIS PROCESS INVOLVED AN INDEPENDENT ANALYSIS BY AN OUTSIDE CONSULTANT WHO COMPARED COMPENSATION FOR THESE INDIVIDUALS AGAINST PEER INSTITUTIONS. THESE KEY EMPLOYEES INCLUDE THE EXECUTIVE VICE PRESIDENT FOR ACADEMIC AFFAIRS, THE VICE PRESIDENT FOR INSTITUTIONAL ADVANCEMENT, THE VICE PRESIDENT FOR STUDENT LIFE, THE VICE PRESIDENT FOR ADMISSIONS AND FINANCIAL AID, AND THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST STATEMENTS ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE AVAILABLE AT THE UNIVERSITY'S WEBSITE. FORM 990, PART XI, LINE 9: ADJUSTMENT TO PRIOR SERVICE COST AND ACTUARIAL LIABILITY FOR RETIREE HEALTH 207,997. CHANGE IN VALUE OF OUTSIDE TRUSTS 3,692,107. FORM 990, PART XII, LINE 2C: NEITHER THE OVERSIGHT PROCESS OF THE AUDIT OR THE SELECTION PROCESS OF THE INDEPENDENT ACCOUNTANT CHANGED DURING THE CURRENT YEAR. THE WHITWORTH FOUNDATION 300 W HAWTHORNE RD SPOKANE WA 99251 237232067 FUNDRAISING SUPPORT FOR WHITWORTH UNIVERSITY WA 501(C)(3) 11B WHITWORTH UNIVERSITY 1 EMPLOYER CONTRIBUTION VEBA TRUST WHITWORTH UNIVERSITY 300 W HAWTHORNE RD SPOKANE WA 99251 454667885 RETIREE MEDICAL BENEFITS WA 501(C)(9) 0 EMPLOYEE CONTRIBUTION VEBA TRUST WHITWORTH UNIVERSITY 300 W HAWTHORNE RD SPOKANE WA 99251 454667994 RETIREE MEDICAL BENEFITS WA 501(C)(9) 0 WHITWORTH COSTA RICA LIMITADA CALLE 7 AVENIDAS 7 Y 9 EDIFICIO SAN JOSE CS EDUCATIONAL INSTITUTION CS WHITWORTH UNIVERSITY C 1021857 1.00000 1 CHARITY REMAINDER UNITRUSTS (20) CHARITABLE TRUST WA N/A T 0 CHARITY REMAINDER ANNUITY TRUSTS (1) CHARITABLE TRUST WA N/A T 0 LIFE ANNUITY TRUSTS (65) CHARITABLE TRUST WA N/A T 0 0 1 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 1 1 THE WHITWORTH FOUNDATION C 711176 CASH CONTRIBUTION WHITWORTH COSTA RICA LIMITADA B 204700 CASH EMPLOYER CONTRIBUTION VEBA TRUST R 176976 CASH