2022-04-14T15:32:56-05:00 2021-05-31 PricewaterhouseCoopers LLP 101 SEAPORT BLVD SUITE 500 BOSTON MA 02210 990 2020-06-01 951643334 LOYOLA MARYMOUNT UNIVERSITY % AIMEE UEN LOYO 3103382714 1-LMU DRIVE U-HALL LOS ANGELES CA 90045 AIMEE UEN SVP/CFO 3103382738 2022-04-13 true AIMEE UEN 999009999 GWEN SPENCER P00641463 6175305000 2022-04-11 2 2020 2022-09-23 18:48:47Z MR TIMOTHY LAW SNYDER PRES 1-LMU DRIVE U-HALL 4900 LOS ANGELES CA 90045 579570053 false X WWW.LMU.EDU X 1918 CA SEE SCHEDULE O 40 39 6593 1 78964 0 38677933 46366314 498242927 464426384 19250112 33469905 142664 -223784 556313636 544038819 134479560 147804430 0 0 260426166 244248850 6575 0 9493452 143917547 105028380 538829848 497081660 17483788 46957159 1440707978 1615360296 395157440 394939734 1045550538 1220420562 X SEE SCHEDULE O false false 430403472 147804430 464426384 SEE SCHEDULE O 430403472 true true false true false false false true true true true true false false true false true false true true true true true false false false false true true true true false false false false false true false false false false true true false false false true true true false false true 617 0 true 6593 true true true false false false false true true false false false false false false X 40 39 false false true false false false false true true false false true true true true true true true true false CA X X AIMEE UEN 3103381902 1 LMU DR U-HALL 4900 LOS ANGELES CA 900452659 X JOHN G BAKER SVP OF UNIV ADV (UNTIL 9/20) 40.0 0.0 X 894509 0 36931 MICHAEL G DUNLAP UNTIL 320 FMR MEN'S BBALL COACH 40.0 0.0 X 890228 0 31055 TIMOTHY LAW SNYDER PRESIDENT/TRUSTEE 40.0 0.0 X X 636675 0 236823 STANTON B JOHNSON III MEN'S BASKETBALL COACH 40.0 0.0 X 540886 0 32523 EVELYNNE B SCARBORO EVP & CAO 40.0 0.0 X 416185 0 50520 MICHAEL E WATERSTONE SVP AND DEAN LLS 40.0 0.0 X 414213 0 40800 DAYLE M SMITH DEAN COLLEGE OF BUSINESS ADMIN 40.0 0.0 X 399053 0 39719 THOMAS POON EVP & PROVOST 40.0 0.0 X 374457 0 50033 THOMAS O FLEMING JR CFO & TREASURER 40.0 0.0 X 339509 0 68191 CRAIG PINTENS ATHLETIC DIRECTOR 40.0 0.0 X 355217 0 30016 ROBIN CRABTREE DEAN BELLARMINE COL LIB ARTS 40.0 0.0 X 343406 0 41362 JOSEPH B HELLIGE FORMER EVP & FORMER PROVOST 40.0 0.0 X 311572 0 49279 MAUREEN P WEATHERALL VP OF ENROLLMENT MANAGEMENT 40.0 0.0 X 298844 0 52901 ELENA M BOVE SVP FOR STUDENT AFFAIRS 40.0 0.0 X 285478 0 57486 JOHN KIRALLA INT SVP UNIV ADV (UNTIL 3/21) 40.0 0.0 X 288110 0 31756 REBECCA L CHANDLER VP FOR HUMAN RESOURCES 40.0 0.0 X 257194 0 32721 KRISTINE WADE FORMER INT. SVP UNIV ADV 40.0 0.0 X 235703 0 35973 PAUL T HAYDEN FORMER INT. SVP AND DEAN LLS 40.0 0.0 X 227766 0 29850 MICAHEL WONG VP CAMPUS OPERATIONS 40.0 0.0 X 201884 0 44645 TIMOTHY S HAWORTH VP OF FACILITIES MANAGEMENT 40.0 0.0 X 207103 0 30087 ROBERT J ABERNETHY TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM H AHMANSON TRUSTEE 1.0 0.0 X 0 0 0 ROBERT C BAKER TRUSTEE 1.0 0.0 X 0 0 0 GAIL K BERNSTEIN TRUSTEE 1.0 0.0 X 0 0 0 RHONDA M BETHEA TRUSTEE 1.0 0.0 X 0 0 0 IRMA J BROWN TRUSTEE 1.0 0.0 X 0 0 0 ALEX MARTIN CHAVES TRUSTEE 1.0 0.0 X 0 0 0 SCOTT COBLE SJ TRUSTEE 1.0 0.0 X 0 0 0 KATHLEEN M DUNCAN TRUSTEE 1.0 0.0 X 0 0 0 KRISTI V FREY TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL J GARANZINI SJ TRUSTEE 1.0 0.0 X 0 0 0 THOMAS V GIRARDI TRUSTEE (UNTIL 12/20) 1.0 0.0 X 0 0 0 GREGORY M GOETHALS SJ TRUSTEE 1.0 0.0 X 0 0 0 MARY GENINO RSHM TRUSTEE 1.0 0.0 X 0 0 0 D SCOTT HENDRICKSON SJ TRUSTEE 1.0 0.0 X 0 0 0 MARYANNE HUEPPER CSJ TRUSTEE 1.0 0.0 X 0 0 0 HENRY K JORDAN TRUSTEE 1.0 0.0 X 0 0 0 CECILIA A MAGLADRY CSJ TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL J MANDELBAUM TRUSTEE 1.0 0.0 X 0 0 0 JOHN V MEIGS TRUSTEE 1.0 0.0 X 0 0 0 STEPHEN M MOSKO TRUSTEE 1.0 0.0 X 0 0 0 STEPHEN F PAGE TRUSTEE 1.0 0.0 X 0 0 0 JOAN A PAYDEN TRUSTEE 1.0 0.0 X 0 0 0 JANICE A PIPKIN TRUSTEE 1.0 0.0 X 0 0 0 NORMA A PROVENCIO TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL R STEED TRUSTEE 1.0 0.0 X 0 0 0 JULIE ROLLOFSON TEEL TRUSTEE 1.0 0.0 X 0 0 0 JOAN TREACY RSHM TRUSTEE 1.0 0.0 X 0 0 0 ROSEMARY L TURNER TRUSTEE (UNTIL 12/20) 1.0 0.0 X 0 0 0 PAUL S VIVIANO BOARD CHAIR 1.0 0.0 X X 0 0 0 MICHAEL A ZAMPELLI SJ TRUSTEE 1.0 0.0 X 0 0 0 MITCHELL R BUTIER Trustee (Until 10/20) 1.0 0.0 X 0 0 0 MICHELLE X DEAN TRUSTEE 1.0 0.0 X 0 0 0 BRIAN S KABATECK TRUSTEE 1.0 0.0 X 0 0 0 J NEIL LEVECKE II TRUSTEE 1.0 0.0 X 0 0 0 JOHNNY O LOPEZ TRUSTEE 1.0 0.0 X 0 0 0 STEPHEN A PRIVETT SJ TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL M RUE TRUSTEE 1.0 0.0 X 0 0 0 JOHN T STANKEY TRUSTEE (Until 10/20) 1.0 0.0 X 0 0 0 JAMES J TOTH II TRUSTEE 1.0 0.0 X 0 0 0 JAMES S WHITEHEAD TRUSTEE 1.0 0.0 X 0 0 0 EDWARD J SIEBERT SJ TRUSTEE/SECRETARY 1.0 0.0 X X 0 0 0 HELEN LAWRENCE TRUSTEE 1.0 0.0 X 0 0 0 PETER WILCH SVP UNIV ADV (FROM 3/21) 40.0 0.0 X 0 0 0 7917992 0 1022671 640 true true false BERNARD BROS INC 555 FIRST STREET SAN FERNANDO CA 91340 CONSTRUCTION MGMT 29473770 WE O'Neil Construction 909 S Sepulveda Blvd 400 EL SEGUNDO CA 90245 CONSTRUCTION MGMT 11291731 RPM CONSTRUCTION MANAGEMENT 2785 PACIFIC COAST HIGHWAY 806 TORRANCE CA 90505 CONSTRUCTION MGMT 3540326 COLLABORATIVE SOLUTIONS LLC 1190 SUNRISE VALLEY DRIVE SUITE 11 RESTON VA 20191 CONSULTING 3524919 ALLIED UNIVERSAL SECURITY SVCS PO BOX 31001-2374 PASADENA CA 91110 SECURITY SERVICES 1630980 15 0 0 0 0 13480728 32885586 10374368 46366314 TUITION AND FEES 900099 459405200 459405200 AUXILIARY 900099 2238278 2238278 CONSULTING 541611 909257 909257 ATHLETIC DISTRIBUTIONS 900099 622721 622721 SUMMER CAMP 721214 161309 161309 1089619 1010655 78964 464426384 6684175 6684175 661 661 82832 82832 688424 995040 -306616 0 -306616 -306616 61321263 34536194 26785069 26785069 26785069 0 0 0 0 0 0 0 0 0 0 544038819 464347420 78964 33246121 71515 71515 147732915 147732915 0 0 0 0 4344549 146532 3626872 571145 724378 573380 150998 0 181284515 154729254 20032638 6522623 5487267 4577276 701112 208879 39403583 32869015 5034623 1499945 13004558 10847923 1661601 495034 200891 56697 100625 43569 1584793 0 1584793 0 627081 0 627081 0 0 0 0 0 0 0 1137478 71822 1065656 0 10391033 6314200 4059830 17003 1340299 1008481 325263 6555 3832692 2032370 1758734 41588 9870007 6381110 3484278 4619 0 0 0 0 14581819 11656759 2914190 10870 1217715 1214484 1706 1525 0 0 0 0 1932230 1816233 107743 8254 9094453 5053177 4041276 0 0 0 0 0 27354141 26593997 760144 0 2606080 1283037 1322443 600 STUDENT WORK 5394427 5315413 73476 5538 MEDICAL EXPENSES 1053912 168629 885283 0 BOOKS & PERIODICALS 2743944 2732717 11197 30 AWARDS & PRIZES 1194868 1194868 0 0 8870517 5961668 2853174 55675 497081660 430403472 57184736 9493452 55692129 79284407 0 0 25209636 22708699 18059801 16481482 570000 180000 0 0 6526468 6751576 0 0 8802940 12895438 1166043970 447203323 689974104 718840647 167124981 210591929 382047282 492460517 22911731 20881500 0 0 63788906 34284101 1440707978 1615360296 119402740 130970953 0 0 23388711 25256030 158641148 149044703 1328235 1259164 0 0 0 0 0 0 92396606 88408884 395157440 394939734 X 651380849 706776760 394169689 513643802 1045550538 1220420562 1440707978 1615360296 46957159 128133090 -220225 X false true X true true true X 32621482 41723357 43269358 38677933 46366314 202658444 0 0 32621482 41723357 43269358 38677933 46366314 202658444 5702340 196956104 4643170 5349511 8058587 9180755 7456092 34688115 0 293834 301955 313373 32000 0 941162 238287721 0.82655 0.81931 X Schedule A RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false false false MEMBERSHIP DUES THE UNIVERSITY PAYS MEMBERSHIP DUES TO MEMBERSHIP ORGANIZATIONS WHICH MAY ENGAGE IN LOBBYING ACTIVITIES. THEREFORE, A PORTION OF THE DUES MAY BE ATTRIBUTABLE TO LOBBYING ACTIVITIES. X X X false false true 477020531 14471253 156883795 9769212 14598658 500000 623507709 476198004 11820599 8260442 9037905 9420609 800000 477020531 477551820 16893174 4246396 6928842 14648544 916000 476198004 457488665 8915421 38779926 12928059 13784133 920000 477551820 418855522 17305101 50506621 13651151 14642428 885000 457488665 0.49000 0.34000 0.17000 false false 16763797 41131504 57895301 10608294 634632963 176399094 468842163 49373974 39500165 9873809 138227693 106521131 31706562 275305745 124782933 150522812 718840647 COMMINGLED FUNDS 175557982 F ALTERNATIVE INVESTMENT FUNDS 314071467 F REAL ESTATE AND OTHER 2831068 F 492460517 0 US GOVERNMENT GRANTS REFUNDABL 6430509 ASSETS HELD FOR OTHERS 435680 LOAN FUNDS RETURNABLE TO DONOR 1169687 TAXABLE BONDS 60180000 LEASE LIABILITY 20193008 88408884 526464257 128133090 413122 128546212 397918045 1357262 144763512 146120774 544038819 351593792 413122 413122 351180670 1137478 144763512 145900990 497081660 FORM 990, SCHEDULE D, PART III, LINE 1A THE UNIVERSITY HAS ADOPTED SFAS NO. 116 - DISCLOSURE REQUIREMENTS. ASSETS DETERMINED TO BE A COLLECTION OR WORKS OF ART MAY NOT BE INCLUDED IN REVENUES OR GAINS IF THEY ARE NOT CAPITALIZED. THE CAPITALIZATION OF COLLECTIONS IS OPTIONAL. FORM 990, SCHEDULE D, PART III, LINE 4 THE UNIVERSITY MAINTAINS A NUMBER OF ART COLLECTIONS WHICH ARE DESCRIBED IN GREAT DETAIL ON THE UNIVERSITY'S WEBSITE: HTTP://LIBRARY.LMU.EDU /ARCHIVESANDSPECIALCOLLECTIONS. ART AND COLLECTIONS ARE AVAILABLE FOR PUBLIC EXHIBITION AND ARE PRIMARILY USED FOR EDUCATIONAL PURPOSES. FORM 990, SCHEDULE D, PART IV, LINE 2B THE UNIVERSITY SERVES AS TRUSTEE FOR ONE CHARITABLE REMAINDER TRUST AND MAINTAINS THE ASSETS AND CORRESPONDING RESERVE LIABILITIES ON THE BALANCE SHEET. SIMILARLY, THE UNIVERSITY HAS A NUMBER OF ANNUITIES WHERE THE ASSETS AND CORRESPONDING RESERVE LIABILITIES ARE ON THE BALANCE SHEET. FORM 990, SCHEDULE D, PART V, LINE 4 THE OVERALL PURPOSE OF THE ENDOWMENT FUND IS TO PROVIDE A RELATIVELY PREDICTABLE, STABLE, AND CONSISTENT RETURN SUFFICIENT TO MEET A PORTION OF THE SPENDING NEEDS OF THE UNIVERSITY. THE ENDOWMENT FUNDS HAVE BEEN ESTABLISHED TO PROVIDE FUNDING FOR ACTIVITIES THAT SUPPORT THE UNIVERSITY'S EDUCATIONAL MISSION. FORM 990, SCHEDULE D, PART X, LINE 2 THE UNIVERSITY'S FINANCIAL STATEMENTS DO NOT REPORT ANY UNCERTAIN TAX POSITIONS. SCHEDULE D, PART XI, LINE 2D POST RETIREMENT ADJUSTMENT $413,122 SCHEDULE D, PART XI, LINE 4B SCHOLARSHIPS $144,763,512 SCHEDULE D, PART XII, LINE 2D POST RETIREMENT ADJUSTMENTS $413,122 SCHEDULE D, PART XII, LINE 4B SCHOLARSHIPS $144,763,512 true true false true true true true false false false false false false false false true false true FORM 990, SCHEDULE E, LINE 3 THE NON-DISCRIMINATION POLICY IS ACCESSIBLE VIA THE UNIVERSITY'S WEBSITE AND IS INCLUDED IN UNIVERSITY PUBLICATIONS INCLUDING THE UNIVERSITY BULLETIN, RECRUITMENT MATERIALS, ADVERTISEMENTS (STUDENT, FACULTY, STAFF), AND OTHER RELATED MATERIALS. THE UNIVERSITY COMPLIES WITH THE PUBLICITY REQUIREMENTS OF SECTION 4.03 OF REV. PROC. 75-50 BECAUSE THE UNIVERSITY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS NATIONWIDE AND WORLDWIDE, FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS, AND INCLUDES A STATEMENT OF ITS RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS IN ITS BROCHURES AND CATALOGUES DEALING WITH STUDENT ADMISSIONS, PROGRAMS, AND SCHOLARSHIPS. FORM 990, SCHEDULE E, LINE 6A THE UNIVERSITY RECEIVES ASSISTANCE FROM THE FOLLOWING STATE AND FEDERAL AGENCIES: 1. DEPARTMENT OF HEALTH AND HUMAN SERVICES 2. NATIONAL SCIENCE FOUNDATION 3. U.S. DEPARTMENT OF EDUCATION 4. U.S. DEPARTMENT OF AGRICULTURE 5. INSTITUTE OF MUSEUM AND LIBRARY SERVICES 6. DEPARTMENT OF DEFENSE 7. DEPARTMENT OF JUSTICE Central America and the Caribbean Investments 323231414 Europe (Including Iceland and Greenland) Investments 884005 324115419 324115419 true false true true true false true Teach For America 606 S Olive ST Los Angeles CA 90014 133541913 501(C)(3) 15000 FMV NA SPONSORSHIP INTERNATIONAL ORTHODOX THEOLOICAL ASSOCIATION 230 E ONTARIO ST 703 CHICAGO IL 60611 815192527 501(c)(3) 10000 FMV N/A DONATIONS/CONTRIBUTIONS CARDINALS AWARDS DINNER 3424 WILSHIRE BLVD LOS ANGELES CA 90010 951642382 501(c)(3) 25000 FMV N/A Table sponsorship 3 SCHOLARSHIPS/GRANTS FOR STUDENTS 8716 144763512 HEERF STUDENT AID 5751 2969403 FORM 990, SCHEDULE I, PART I, LINE 2 THE UNIVERSITY AWARDS GRANTS/SCHOLARSHIPS ACCORDING TO UNIVERSITY POLICY. GRANTS AND SCHOLARSHIPS AWARDED TO STUDENTS ARE MONITORED BY MANAGEMENT. RECONCILIATION BETWEEN FINANCIAL AID AND ACCOUNTING ARE DONE ON A MONTHLY BASIS. SCHEDULE I, PART III SCHOLARSHIPS AND GRANTS ARE CREDITED TO STUDENT ACCOUNTS. CASH PAYMENTS ARE MADE FOR HEERF STUDENT AID. X X X false true X X X true true false false false false false false false MICHAEL G DUNLAP UNTIL 320 FMR MEN'S BBALL COACH 244747 0 0 0 645481 0 26000 0 5055 0 921283 0 0 0 THOMAS O FLEMING JR CFO & TREASURER 290590 0 0 0 48919 0 26000 0 42191 0 407700 0 0 0 PAUL T HAYDEN FORMER INT. SVP AND DEAN LLS 220656 0 0 0 7110 0 11496 0 18354 0 257616 0 0 0 JOSEPH B HELLIGE FORMER EVP & FORMER PROVOST 290214 0 0 0 21358 0 15334 0 33945 0 360851 0 0 0 THOMAS POON EVP & PROVOST 342543 0 0 0 31914 0 17984 0 32049 0 424490 0 0 0 EVELYNNE B SCARBORO EVP & CAO 384888 0 0 0 31297 0 25794 0 24726 0 466705 0 0 0 TIMOTHY LAW SNYDER PRESIDENT/TRUSTEE 612208 0 0 0 24467 0 122000 0 114823 0 873498 0 0 0 MAUREEN P WEATHERALL VP OF ENROLLMENT MANAGEMENT 272219 0 0 0 26625 0 26000 0 26901 0 351745 0 0 0 KRISTINE WADE FORMER INT. SVP UNIV ADV 234591 0 0 0 1112 0 12326 0 23647 0 271676 0 0 0 DAYLE M SMITH DEAN COLLEGE OF BUSINESS ADMIN 387663 0 0 0 11390 0 19880 0 19839 0 438772 0 0 0 ROBIN CRABTREE DEAN BELLARMINE COL LIB ARTS 310560 0 0 0 32846 0 26000 0 15362 0 384768 0 0 0 CRAIG PINTENS ATHLETIC DIRECTOR 344207 0 0 0 11010 0 14022 0 15994 0 385233 0 0 0 JOHN G BAKER SVP OF UNIV ADV (UNTIL 9/20) 376877 0 0 0 517632 0 21124 0 15807 0 931440 0 0 0 JOHN KIRALLA INT SVP UNIV ADV (UNTIL 3/21) 279933 0 0 0 8177 0 14435 0 17321 0 319866 0 0 0 MICAHEL WONG VP CAMPUS OPERATIONS 200055 0 0 0 1829 0 26000 0 18645 0 246529 0 0 0 STANTON B JOHNSON III MEN'S BASKETBALL COACH 455654 0 0 0 85232 0 17308 0 15215 0 573409 0 0 0 ELENA M BOVE SVP FOR STUDENT AFFAIRS 244346 0 0 0 41132 0 26000 0 31486 0 342964 0 0 0 REBECCA L CHANDLER VP FOR HUMAN RESOURCES 249239 0 0 0 7955 0 26000 0 6721 0 289915 0 0 0 TIMOTHY S HAWORTH VP OF FACILITIES MANAGEMENT 203824 0 0 0 3279 0 25888 0 4199 0 237190 0 0 0 MICHAEL E WATERSTONE SVP AND DEAN LLS 403516 0 0 0 10697 0 19500 0 21300 0 455013 0 0 0 FORM 990, SCHEDULE J, PART I, LINE 1A AND 1B SOCIAL CLUB DUES TWO OFFICERS RECEIVE SOCIAL CLUB DUES AND REIMBURSE THE UNIVERSITY FOR ANY PERSONAL USE. PAYMENT OF SOCIAL CLUB DUES FOR BUSINESS USE IS IN ACCORDANCE WITH UNIVERSITY POLICY. BUSINESS USE IS NON-TAXABLE TO THE INDIVIDUALS LISTED ABOVE IN ACCORDANCE WITH THE IRS ACCOUNTABLE PLAN RULES. TRAVEL FOR COMPANIONS THE UNIVERSITY ALSO PROVIDED TRAVEL REIMBURSEMENT FOR ONE OFFICER'S SPOUSE RELATED TO UNIVERSITY BUSINESS. THE BOARD OF TRUSTEES HAS APPROVED SPOUSAL TRAVEL FOR CERTAIN FUNDRAISING EVENTS IN WHICH THE SPOUSE IS ACTING AS AN AGENT FOR THE UNIVERSITY DURING THESE EVENTS. THESE REIMBURSEMENTS WERE NON-TAXABLE IN ACCORDANCE WITH THE IRS ACCOUNTABLE PLAN RULES. RESIDENCE FOR PERSONAL USE HOUSING IS PROVIDED TO THE CURRENT PRESIDENT IN PROXIMITY TO THE UNIVERSITY CAMPUS. THE VALUE OF HOUSING IS NOT REPORTED ON FORM W-2 AS TAXABLE INCOME AS THE PRESIDENT IS REQUIRED TO ACCEPT SUCH LODGING AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE UNIVERSITY. THE RENTAL VALUE OF THE PORTION OF THE PRESIDENT'S HOME THAT IS USED FOR PERSONAL PURPOSES IS INCLUDED AS A NONTAXABLE BENEFIT TO THE PRESIDENT AND IS REPORTED ON SCHEDULE J, PART II, COLUMN (D). HOUSING ALLOWANCE & RELOCATION EXPENSE TEMPORARY HOUSING ALLOWANCE AND RELOCATION EXPENSES MAY BE PROVIDED WHEN EXECUTIVES ARE HIRED AND ARE RELOCATING FROM OUTSIDE THE AREA. NO PERMANENT HOUSING ALLOWANCES WERE PROVIDED DURING THE REPORTING PERIOD. STANTON JOHNSON RECEIVED A TEMPORARY HOUSING ALLOWANCE AND RELOCATION EXPENSES. THIS ALLOWANCE IS TAXABLE IN ACCORDANCE WITH THE IRS ACCOUNTABLE PLAN RULES. EXPENSES AND REIMBURSEMENTS FOR THE ABOVE NOTED ITEMS ARE REVIEWED AND APPROVED AS APPROPRIATE BY THE RELEVANT AUTHORITIES. WHILE THE UNIVERSITY DOES NOT HAVE A SEPARATE WRITTEN POLICY REGARDING PAYMENT AND REIMBURSEMENT FOR THOSE EXPENSES, THE UNIVERSITY POLICY FOR ALL REIMBURSEMENTS IS COMPREHENSIVE AND UNUSUAL EXPENSES, IF ANY, OR REIMBURSEMENT REQUESTS, IF ANY, WOULD BE EVALUATED. FORM 990, SCHEDULE J, PART I, LINE 4A SEVERANCE MICHAEL DUNLAP RECEIVED A LUMP SUM PAYMENT OF $643,612 REPRESENTING THE REMAINING OBLIGATIONS ON THE CONTRACT. JOHN BAKER RECEIVED A LUMP SUM PAYMENT OF $480,000 IN CONNECTION WITH HIS SEVERANCE FROM THE UNIVERSITY. FORM 990, SCHEDULE J, PART I, LINE 4B STARTING IN 2019 THE PRESIDENT PARTICIPATED IN A DEFERRED COMPENSATION ARRANGEMENT UNDER WHICH AMOUNTS WILL BE DEFERRED ANNUALLY STARTING IN 2020 SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE. AMOUNTS CREDITED UNDER THE ARRANGEMENT WILL VEST AND BE PAYABLE INCREMENTALLY STARTING IN 2021, WITH THE BALANCE VESTING IN 2025. A California Educational Facilities Authority 521705592 130179RE6 2018-11-07 64451816 TO FINANCE CAPITAL PROJECT COSTS false false false B California Educational Facilities Authority 521705592 130179TA2 2019-09-17 63230762 TO CURRENT REFUND THE 2015 BONDS false false false A 0 0 64451816 0 4000430 0 451386 0 0 60000000 0 0 2021 false false false true B 0 0 63230762 0 0 0 520762 0 0 0 62710000 0 true false true true A false false false false 0.00000 0.00000 0.00000 false false false true B false true true true false 0.01800 0.00000 0.01800 false false 0.00000 false true A false true false false false false 0 false 0 false true B false true true false false false 0 false 0 false true A true B true MAUREEN WEATHERALL KEY EMPLOYEE Home Equity X 150000 60000 false true true THOMAS POON OFFICER HOME EQUITY X 200000 120000 false true true 180000 X 1 162000 FMV X 285397 FMV X 107 9688620 FMV X SCIENTIFIC EQUIPMENT 1 131594 FMV X ATHELTIC EQUIPMENT/OTHER 5 106757 FMV false true false SCHEDULE M, PART I, COLUMN B: THE UNIVERSITY IS REPORTING THE NUMBER OF CONTRIBUTIONS AND NOT THE NUMBER OF ITEMS. SCHEDULE M, PART I, 33: THE UNIVERSITY HAS ADOPTED SFAS NO. 116 - DISCLOSURE REQUIREMENTS. ASSETS DETERMINED TO BE A COLLECTION OR WORKS OF ART MAY NOT BE INCLUDED IN REVENUES OR GAINS IF THEY ARE NOT CAPITALIZED. THE CAPITALIZATION OF COLLECTIONS IS OPTIONAL. FORM 990, PART I, LINE 1 & PART III, LINE 1 ORGANIZATION'S MISSION LOYOLA MARYMOUNT UNIVERSITY MAINTAINS A THREE-FOLD MISSION: 1) THE ENCOURAGEMENT OF LEARNING, 2) THE EDUCATION OF THE WHOLE PERSON, AND 3) THE SERVICE OF FAITH AND THE PROMOTION OF JUSTICE. FORM 990, PART I, LINE 5 AND PART V, LINE 2A A TOTAL OF 6,593 INDIVIDUALS WERE SENT FORMS W-2 BY THE UNIVERSITY IN CALENDAR YEAR 2020. FORM 990, PART I, LINE 6 THERE ARE A NUMBER OF STUDENTS AND ALUMNI WHO VOLUNTEER THEIR TIME FOR VARIOUS PURPOSES AT THE UNIVERSITY. THESE VOLUNTEERS, HOWEVER, ARE NOT FORMALLY TRACKED BY THE UNIVERSITY. FORM 990, PART III, LINE 4A LOYOLA MARYMOUNT UNIVERSITY IS AN INDEPENDENT, COEDUCATIONAL UNIVERSITY. IN FISCAL 2021, LMU PROVIDED INSTRUCTION, RESEARCH, STUDENT SERVICES, AND ACADEMIC SUPPORT FOR 9,334 FULL-TIME EQUIVALENT STUDENTS. OF THESE STUDENTS, 6,528 WERE UNDERGRADUATES, 1,748 WERE IN VARIOUS GRADUATE PROGRAMS, AND 1,058 WERE ENROLLED AT LOYOLA LAW SCHOOL. FULL TIME FACULTY EMPLOYED WAS 615, PART-TIME WAS 447, FOR A TOTAL FACULTY OF 1,062. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF TRUSTEES OF LOYOLA MARYMOUNT UNIVERSITY HAS AN EXECUTIVE COMMITTEE WHICH MAY ACT FOR AND IN PLACE OF THE BOARD OF TRUSTEES BETWEEN REGULAR BOARD MEETINGS AND DURING ANY RECESS. ONLY TRUSTEES CAN BE MEMBERS OF THE EXECUTIVE COMMITTEE. IN NO EVENT SHALL THE EXECUTIVE COMMITTEE CONSIST OF LESS THAN THREE MEMBERS. EACH CATEGORY OF MEMBERSHIP OF THE BOARD (LAY PERSONS, JESUITS AND SISTERS) SHALL HAVE REPRESENTATION ON THE EXECUTIVE COMMITTEE. THE CHAIR OF THE BOARD SHALL CHAIR THE EXECUTIVE COMMITTEE, AND THE PRESIDENT SHALL BE A MEMBER, EX OFFICIO. THE BOARD EXECUTIVE COMMITTEE SHALL HAVE ALL OF THE POWERS OF THE BOARD OF TRUSTEES AND EXERCISE ALL OF ITS DUTIES, EXCEPT: (I) THOSE WHICH REQUIRE BY LAW, THE ARTICLES OF INCORPORATION OR THE BYLAWS CONCURRENCE BY A GREATER NUMBER OF MEMBERS OF THE BOARD THAN REQUIRED FOR BOARD APPROVAL; AND (II) THOSE WHICH MAY, FROM TIME TO TIME, BE SPECIFICALLY WITHHELD FROM THE EXECUTIVE COMMITTEE BY THE BOARD OR THE BYLAWS. FORM 990, PART VI, LINE 4 IN DECEMBER 2020, THE BYLAWS WERE AMENDED FOR THE TERM LIMITS OF THE CHAIR OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 11A IN CONJUNCTION WITH PRICEWATERHOUSECOOPERS, A FORM 990 IS PREPARED FOR MANAGEMENT REVIEW. THE FORM 990 IS THEN REVIEWED BY THE AUDIT AND RISK COMMITTEE. A COPY OF THE FORM 990 WAS PROVIDED TO THE UNIVERSITY'S GOVERNING BODY BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY FOR ADMINISTRATIVE EMPLOYEES (INCLUDING OFFICERS AND KEY EMPLOYEES) IS COMPLETED BY THOSE INDIVIDUALS WHO ARE NOT ON THE FACULTY WHEN HIRED. IT IS UPDATED ANNUALLY OR AT A TIME OF SIGNIFICANT CHANGE IN INTEREST OCCURRING THEREAFTER BY ALL INDIVIDUALS DESIGNATED BY THE SENIOR VICE PRESIDENT OF A DIVISION OR BY THE PRESIDENT FOR THE UNIVERSITY AS A WHOLE. INTERNAL AUDIT ADMINISTERS THE DISTRIBUTION AND COLLECTION OF THE ANNUAL DISCLOSURES WORKING WITH THE APPROPRIATE SENIOR VICE PRESIDENTS. IN ACCORDANCE WITH THE POLICY, FOR MATTERS DISCLOSED, A WRITTEN DETERMINATION AS TO WHETHER THE MATTER CONSTITUTES A CONFLICT IS MADE BY THE SENIOR VICE PRESIDENT OF THE EMPLOYEE'S DIVISION. THE EMPLOYEE IS INFORMED OF THE DETERMINATION. THE TRUSTEES' CONFLICT OF INTEREST POLICY IS ADMINISTERED BY THE PRESIDENT'S OFFICE ANNUALLY, AND DISCLOSURES ARE REVIEWED BY THE UNIVERSITY'S GENERAL COUNSEL. IF IT IS DETERMINED THAT A CONFLICT EXISTS, THE TRUSTEE DOES NOT VOTE WITH THE BOARD OF TRUSTEES ON MATTERS THAT RELATE TO THAT CONFLICT. A SEPARATE POLICY EXISTS FOR FACULTY MEMBERS WHO DO NOT HAVE BUDGET AUTHORITY (THE FACULTY POLICY). FORM 990, PART VI, SECTION B, LINE 15 AN INDEPENDENT COMPENSATION CONSULTANT COMPLETES A COMPREHENSIVE STUDY OF EXECUTIVE COMPENSATION EVERY OTHER YEAR IN ODD YEARS, AND USES A PREDETERMINED COMPARATOR GROUP OF UNIVERSITIES AND SIMILAR SIZED ORGANIZATIONS TO BENCHMARK LEADERSHIP POSITIONS. WELL RECOGNIZED SALARY SURVEY DATA IS USED. ALL EXECUTIVES ARE EMPLOYED "AT WILL" BUT COMPENSATION AT TIME OF HIRE IS ARTICULATED IN THEIR EMPLOYMENT AGREEMENTS. THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE COMPENSATION FOR THE PRESIDENT AND CFO ANNUALLY. THE MEMBERS OF THE SOCIETY OF JESUS, THE RELIGIOUS OF THE SACRED HEART OF MARY, AND THE SISTERS OF ST. JOSEPH OF ORANGE CONSTITUTE APROXIMATELY 2% OF THE UNIVERSITY'S FULL AND PART-TIME FACULTY AND ADMINISTRATIVE STAFF. DURING THE YEAR ENDED MAY 31, 2021, THE UNIVERSITY PAID THESE RELIGIOUS COMMUNITIES APPROXIMATELY $3,124,000 FOR THEIR SERVICES. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S FINANCIAL STATEMENTS, FORM 990, AND CONFLICT OF INTEREST POLICY ARE ALL AVAILABLE FOR PUBLIC REVIEW ON THE UNIVERSITY'S WEBSITE. THE UNIVERSITY'S GOVERNING DOCUMENTS ARE AVAILABLE FOR PUBLIC REVIEW UPON REQUEST. CHARITABLE REMAINDER TRUSTS (11) FUNDRAISING CA NA TRUST true false false false false false false false false false false false false false false false false false false false