2022-05-06T17:50:54-05:00 2021-06-30 366055558 GRANT THORNTON LLP 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2020-07-01 210634584 MONMOUTH UNIVERSITY INC MONM 7325713407 400 CEDAR AVENUE WEST LONG BRANCH NJ 077641898 WILLIAM CRAIG VP FOR FINANCE 7325713407 2022-04-29 1 WILLIAM CRAIG XXX-XX-XXXX DANIEL ROMANO P00504182 2125990100 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z MONMOUTH UNIVERSITY PATRICK F LEAHY 400 CEDAR AVENUE WEST LONG BRANCH NJ 077641898 315571124 0 X WWW.MONMOUTH.EDU X 1948 NJ MONMOUTH UNIVERSITY IS A COMPREHENSIVE INSTITUTION OF HIGHER EDUCATION (CONTINUED ON SCH. O) 30 28 3002 627 182281 40635 13531426 18755076 241339413 228311212 6383865 8060373 562313 589842 261817017 255716503 78631751 83857466 0 0 124020733 121545057 0 0 2982186 57422446 50707882 260074930 256110405 1742087 -393902 405562336 433315902 43079622 46044819 362482714 387271083 X SEE SCHEDULE OMONMOUTH UNIVERSITY IS A COMPREHENSIVE INSTITUTION OF HIGHER EDUCATION COMMITTED TO EXCELLENCE AND INTEGRITY IN TEACHING, SCHOLARSHIP AND SERVICE. THROUGH ITS OFFERINGS IN LIBERAL ARTS, SCIENCES, AND PROFESSIONAL PROGRAMS, MONMOUTH UNIVERSITY EDUCATES AND PREPARES STUDENTS TO REALIZE THEIR POTENTIAL AS LEADERS AND TO BECOME ENGAGED CITIZENS IN A DIVERSE AND INCREASINGLY INTERDEPENDENT WORLD. 0 0 215675893 83857466 228311312 SEE SCHEDULE OHIGHER EDUCATION, RESEARCH AND PUBLIC SERVICE: MONMOUTH UNIVERSITY'S 170.21-ACRE CAMPUS IS LOCATED IN WEST LONG BRANCH ALONG NEW JERSEY'S NORTHERN COASTLINE, AND APPROXIMATELY ONE HOUR FROM BOTH NEW YORK CITY AND PHILADELPHIA. MONMOUTH IS A PRIVATE UNIVERSITY THAT OFFERS INNOVATIVE ACADEMIC PROGRAMS INCLUDING 33 BACHELOR'S DEGREES, 23 MASTER'S DEGREES AND 3 DOCTORAL DEGREES THROUGH THE SIX ACADEMIC SCHOOLS OF LEON HESS BUSINESS SCHOOL, EDUCATION, HUMANITIES AND SOCIAL SCIENCES, NURSING AND HEALTH STUDIES, SCIENCE, AND SOCIAL WORK AND ALSO HAS AN HONORS SCHOOL.AT MONMOUTH UNIVERSITY, THERE ARE FIVE UNIQUE ORGANIZATIONS, KNOWN AS CENTERS OF DISTINCTION, WHICH WORK TO PROMOTE AWARENESS OF SPECIFIC ISSUES AND MEET THE NEEDS OF LOCAL AND GLOBAL COMMUNITIES. MONMOUTH'S CENTERS OF DISTINCTION - THE INSTITUTE OF HEALTH AND WELLNESS (IHW), THE POLLING INSTITUTE, THE URBAN COAST INSTITUTE, THE KISLAK REAL ESTATE INSTITUTE, AND THE CENTER OF THE ARTS - PROVIDE IMPORTANT SERVICES IN AREAS SUCH AS THE ENVIRONMENT, GLOBAL AFFAIRS, AND PUBLIC POLICY AS WELL AS HANDS-ON LEARNING OPPORTUNITIES FOR THE STUDENTS.MONMOUTH IS ACCREDITED BY THE MIDDLE STATES COMMISSION OF HIGHER EDUCATION AND HOLDS SPECIALIZED ACCREDITATIONS WITH THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS (AACSB), ENGINEERING ACCREDITATION COMMISSION OF ABET, COMMISSION ON COLLEGIATE NURSING EDUCATION (CCNE), COUNCIL ON SOCIAL WORK EDUCATION (CSWE), NATIONAL COUNCIL FOR ACCREDITATION FOR EDUCATOR PREPARATION (CAEP), COUNCIL FOR ACCREDITATION OF COUNSELING AND RELATED EDUCATION PROGRAMS (CACREP) (MSED AND MS CLINICAL MENTAL HEALTH COUNSELING), NATIONAL ADDICTION STUDIES ACCREDITATION COMMISSION (NASAC) (MA ADDICTION STUDIES), COUNCIL ON ACADEMIC ACCREDITATION IN AUDIOLOGY AND SPEECH-LANGUAGE PATHOLOGY (CAA) OF THE AMERICAN SPEECH AND-LANGUAGE HEARING ASSOCIATION (MSED SPEECH-LANGUAGE PATHOLOGY), ACCREDITATION REVIEW COMMISSION ON EDUCATION FOR THE PHYSICIAN ASSISTANT, INC. (ARC-PA) (ACCREDITATION CONTINUED STATUS), ON THE APPROVED LIST OF THE AMERICAN CHEMICAL SOCIETY (ACS) BS CHEMISTRY WITH A CONCENTRATION IN ADVANCED CHEMISTRY AND THE CERTIFICATE IN APPLIED BEHAVIOR ANALYSIS IS THE COURSE SEQUENCE APPROVED BY THE BEHAVIOR ANALYST CERTIFICATION BOARD TO BE ELIGIBLE TO TAKE THE BOARD CERTIFIED BEHAVIOR ANALYST EXAMINATION.MONMOUTH'S FALL 2020 STUDENT ENROLLMENT WAS 4,264 UNDERGRADUATE (96% FULL-TIME) AND 1,411 GRADUATE STUDENTS (43% FULL-TIME) WHO REPRESENTED 34 STATES AND 33 COUNTRIES. MONMOUTH EMPLOYS 311 FULL-TIME FACULTY OF WHOM 75% HAVE EARNED THEIR TERMINAL DEGREE. MONMOUTH STUDENTS RECEIVE INDIVIDUALIZED FACULTY ATTENTION WITH A 12:1 STUDENT-TO-FACULTY RATIO AND AVERAGE CLASS SIZES OF 19 FOR UG OR 13 FOR GR. MONMOUTH'S RIGOROUS EDUCATION, WHICH HAS FOUNDATION IN THE LIBERAL ARTS AND AN EMPHASIS ON TRANSFORMATIVE LEARNING IN AND OUTSIDE OF THE CLASSROOM, INCLUDES AN EXPERIENTIAL EDUCATION DEGREE REQUIREMENT FOR ALL UNDERGRADUATE STUDENTS. THE MONMOUTH EXPERIENCE EMPHASIZES CULTURAL AND GLOBAL LITERACY IN THE CURRICULA AND THROUGH OUR STUDY ABROAD AND SERVICE LEARNING OPPORTUNITIES. MONMOUTH IS THE ONLY NEW JERSEY INSTITUTION TO OFFER THE PEACE CORPS VOLUNTARY PREPARATION PROGRAM. MONMOUTH'S FIRST-YEAR RETENTION IS 80.4% AND OUR SIX-YEAR GRADUATION RATE IS 74.4%.MONMOUTH'S BEAUTIFUL COASTAL RESIDENTIAL CAMPUS HOUSES AS MANY AS 1,915 STUDENTS ON CAMPUS OR IN UNIVERSITY-OWNED OR SPONSORED OFF-CAMPUS BUILDINGS AND SITS AT THE HEART OF A VIBRANT CULTURE RICH IN HISTORY, THE ARTS, TECHNOLOGY AND ENTREPRENEURSHIP. OUR RENOWNED FACULTY ARE ACTIVELY INVOLVED IN ADVANCING ACADEMIC RESEARCH NATIONWIDE WHILE ENCOURAGING MEANINGFUL COMMUNITY INVOLVEMENT AND CRITICAL THINKING FOR SELF-FULFILLMENT. MONMOUTH HAS 23 DIVISION I NCAA ATHLETIC TEAMS, 14 CLUB SPORTS, AND 12 INTRAMURAL SPORTS. IN ADDITION TO ATHLETICS THERE ARE OVER 130 CLUBS, 31 ACADEMIC/LEADERSHIP HONOR SOCIETIES, GREEK LIFE, A RADIO STATION, A TELEVISION STATION, AND AN AWARD WINNING STUDENT NEWSPAPER. THE ACADEMIC NEEDS OF STUDENTS ARE SUPPORTED BY THE CENTER FOR STUDENT SUCCESS WITH SERVICES THAT INCLUDE ACADEMIC ADVISING, ACADEMIC TRANSITIONS, TUTORIAL AND WRITING SERVICES AND PEER-ASSISTED LEARNING.OUR PROGRESS HAS BEEN WIDELY RECOGNIZED IN ANNUAL RANKINGS OF HIGHER EDUCATION, INCLUDING THE PRINCETON REVIEW'S LIST OF "BEST COLLEGES," MONEY MAGAZINE'S "BEST COLLEGES, AND IS A CLIMBING UNIVERSITY IN THE U.S. NEWS & WORLD REPORT FOR THE LAST SEVENTEEN YEARS. MONMOUTH UNIVERSITY IS ALSO RECOGNIZED IN WASHINGTON MONTHLY'S ANNUAL COLLEGE RANKINGS THAT ARE BASED ON OVERALL CONTRIBUTION TO THE PUBLIC GOOD IN THREE BROAD CATEGORIES: SOCIAL MOBILITY, RESEARCH AND PROVIDING OPPORTUNITIES FOR PUBLIC SERVICE.FOR ADDITIONAL INFORMATION, PLEASE VISIT OUR WEBSITE AT WWW.MONMOUTH.EDU. 215675893 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 1 1 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 0 1 524 0 1 3002 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 30 28 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X MARY BYRNE 7325713407 400 CEDAR AVENUE WEST LONG BEACH NJ 077641898 PATRICK F LEAHY PRESIDENT 70.00 2.00 X X 702378 0 181677 JEANA M PISCATELLI TRUSTEE AND CHAIRMAN 9.00 0.00 X X 0 0 0 JOHN A BROCKRIEDE JR TRUSTEE AND VICE CHAIRMAN 5.00 0.00 X X 0 0 0 LESLIE N HITCHNER TRUSTEE AND VICE CHAIRMAN 5.00 0.00 X X 0 0 0 CHRISTOPHER D MAHER TRUSTEE AND TREASURER 5.00 0.00 X X 0 0 0 JOHN C CONOVER III TRUSTEE AND SECRETARY 5.00 0.00 X X 0 0 0 MILES AUSTIN III TRUSTEE (AS OF 07/20) 1.00 0.00 X 0 0 0 MICHAEL V BENEDETTO TRUSTEE 1.00 0.00 X 0 0 0 TASHA ANN YOUNGBLOOD BROWN TRUSTEE (AS OF 07/20) 1.00 0.00 X 0 0 0 THOMAS D BYER TRUSTEE 1.00 0.00 X 0 0 0 KARYN F CUSANELLI TRUSTEE 2.00 0.00 X 0 0 0 MARY VADEN EISENSTADT TRUSTEE 1.00 0.00 X 0 0 0 DENIS J GALLAGHER TRUSTEE 1.00 0.00 X 0 0 0 STEPHEN E GERARD TRUSTEE 1.00 0.00 X 0 0 0 JEREMY GRUNIN TRUSTEE (AS OF 07/20) 1.00 0.00 X 0 0 0 RAYMOND G KLOSE TRUSTEE 2.00 0.00 X 0 0 0 NANCY A LEIDERSDORFF TRUSTEE 1.00 0.00 X 0 0 0 DEAN Q LIN TRUSTEE 1.00 0.00 X 0 0 0 LISA MCKEAN TRUSTEE 2.00 1.00 X 0 0 0 THOMAS J MICHELLI TRUSTEE 1.00 0.00 X 0 0 0 VALERIE MONTECALVO TRUSTEE 1.00 0.00 X 0 0 0 ANTOINETTE M MUSORRAFITI TRUSTEE 1.00 0.00 X 0 0 0 TAVIT O NAJARIAN TRUSTEE 2.00 0.00 X 0 0 0 MICHAEL A PLODWICK TRUSTEE 1.00 1.00 X 0 0 0 CHRISTOPHER W SHAW TRUSTEE 1.00 0.00 X 0 0 0 WEBSTER B TRAMMELL JR TRUSTEE 2.00 0.00 X 0 0 0 JAMES S VACARRO TRUSTEE (AS OF 07/20) 1.00 0.00 X 0 0 0 MARIANNE HESSE LIFE TRUSTEE 1.00 0.00 X 0 0 0 HAROLD L HODES LIFE TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM B ROBERTS LIFE TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM CRAIG VP FOR FINANCE 55.00 0.00 X 313561 0 55520 PATRICIA SWANNACK VP FOR ADMINISTRATIVE SERVICES 55.00 0.00 X 288503 0 49929 REKHA DATTA INTERIM SR VP/PROVOST 55.00 0.00 X 260075 0 23220 JOHN CHRISTOPHER VP & GENERAL COUNSEL 55.00 3.00 X 256864 0 54457 MARILYN MCNEIL VP/DIRECTOR ATHLETICS 55.00 0.00 X 253137 0 52350 ROBERT MCCAIG VP ENROLLMENT MANAGEMENT 55.00 0.00 X 261194 0 55198 MARY ANNE NAGY VP FOR STUDENT SERVICES 55.00 0.00 X 250761 0 21320 JONATHAN MEER - VP FOR UNIV ADV. (THRU 07/20)/SR. PHIL. ADV. 55.00 0.00 X 234996 0 59162 EDWARD CHRISTENSEN VP/INFORMATION MANAGEMENT 55.00 0.00 X 225507 0 89208 AMANDA M KLAUS - EXECUTIVE DIR. (AS OF 01/21)/INT VP. UNIV. ADV. 55.00 0.00 X 151357 0 23783 KING D RICE HEAD BASKETBALL COACH 40.00 0.00 X 548501 0 63859 DONALD MOLIVER DEAN - SCHOOL OF BUSINESS 40.00 0.00 X 287234 0 51455 KENNETH WOMACK - DEAN-SCHOOL OF HUMANITIES (THRU 06/21)/FACULTY 40.00 0.00 X 264139 0 44787 THOMAS S PEARSON PROFESSOR 40.00 0.00 X 251149 0 50546 ANTHONY MACDONALD DIRECTOR/URBAN COAST INSTITUTE 40.00 0.00 X 239159 0 50006 LAURA MORIARTY PROFESSOR 40.00 0.00 X 225059 0 29952 5013574 0 956429 258 1 1 0 COMPASS GROUP USA INC DBA GOURMET DIN PO BOX 417632 BOSTON MA 022417632 FOOD SERVICE 5172605 GB CONTRACTING INC 63 W MAIN STREET PO BOX 5008 FREEHOLD NJ 07728 CONTRACTORS 922035 BRAUN RESEARCH 271 WALL STREET PRINCETON NJ 08540 POLLING STATS 734191 CORPORATE INCENTIVES INC DBA CI-GROUP 291 US 22 EAST BLDG 9 LEBANON NJ 08833 ADVERTISING 465700 CONVERGEONE INC NW 5806 PO BOX 1450 MINNEAPOLIS MN 55485 PHONE SYSTEM MAINTENANCE 349232 33 47500 146450 27106 12399362 6134658 775957 18755076 TUITION AND FEES 900099 206679364 206679364 AUXILIARY ENTERPRISES 721310 17716613 17716613 OTHER 900099 3852245 3760922 91323 GOVERNMENT CONTRACTS 541700 62990 62990 228311212 2104575 13245 2091330 16184 16184 384581 54429 0 0 384581 54429 439010 55236 383774 65680339 55303 59723209 56635 5957130 -1332 5955798 5955798 95625 146450 74777 20848 20848 SPONSOR ADVERTISING 541890 91265 91265 MARINE VESSEL REVENUE 532411 10470 10470 FITNESS CENTER 713940 7603 7603 4462 4462 113800 255716503 228219889 182281 8559257 762327 762327 83095139 83095139 3602435 860261 2165064 577110 201016 201016 87003227 69548248 15937589 1517390 5187612 4200967 955915 30730 19108727 15194390 3725492 188845 6442040 5079505 1287277 75258 65990 65990 207090 207090 11555 11555 1186161 1186161 8544313 6853207 1580897 110209 1714957 210439 1504518 3320404 2534233 716660 69511 1775908 359340 1416568 10483425 7282069 3067853 133503 982552 619316 362628 608 398394 358483 39911 359965 359965 13789893 12766316 790103 233474 2363243 1780761 546707 35775 DUES AND MEMBERSHIPS 1905249 523321 1373920 8008 BOOKSTORE MATERIALS 1143173 1143173 LIBRARY MATERIALS 897693 897693 RES. ASST. ROOM & BOARD 819481 819481 738436 427259 309412 1765 256110405 215675893 37452326 2982186 13832 14184 17456266 10125911 10407394 9560643 2094145 1423341 796162 660237 2425674 1857959 415216386 213913157 210827434 201303229 59063948 75590964 98091147 128717334 4091826 3897563 294508 164537 405562336 433315902 14416270 20861300 8462850 7975479 6307319 3688320 2460115 2256087 11433068 11263633 43079622 46044819 X 285360746 292264257 77121968 95006826 362482714 387271083 405562336 433315902 -393902 25182271 0 X 0 1 X 1 1 1 X 8545363 11837677 9826236 13531426 18755076 62495778 8545363 11837677 9826236 13531426 18755076 62495778 339355 62156423 2852677 3196486 4122316 3539824 2491288 16202591 822914 839954 597481 440235 182281 2882865 304648 402592 396165 252004 95625 1451034 83032268 1198343059 0.74860 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS INCOME FROM GAMING - 2016 AMOUNT: $ 26,884. 2017 AMOUNT: $ 50,791. 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. GROSS INCOME FROM SPECIAL EVENTS - 2016 AMOUNT: $ 277,764. 2017 AMOUNT: $ 351,801. 2018 AMOUNT: $ 396,165. 2019 AMOUNT: $ 252,004. 2020 AMOUNT: $ 95,625. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 109203 0 109203 0 251942058 0 252051261 0 1000000 0 250000 0 0 0 1000000 1000000 1000000 1000000 4000000 6000000 115272 110619 114689 109203 449783 250000 250000 250000 250000 1000000 1500000 41001 2885290 X X X X 1 108463000 2762000 31389000 1496000 3148000 137970000 109097000 3134000 344000 1273000 2839000 108463000 100970000 4766000 7234000 1264000 2609000 109097000 90313000 6484000 7854000 1130000 2551000 100970000 78999000 3790000 10430000 1031000 1875000 90313000 0.39000 0.31000 0.30000 0 0 17726527 17726527 330000 242698113 98041701 144986412 3553357 1416593 2136764 34000697 25283747 8716950 116907692 89171116 27736576 201303229 EQUITY FUNDS 64682069 F FIXED INCOME FUNDS 20602602 F HEDGE EQUITY FUNDS 13339704 F NON-MARKETABLE FUNDS 30014908 F OTHER 78051 F 128717334 FUNDS HELD FOR OTHERS 177023 STUDENT LOAN GRANTS REFUNDABLE 3641573 ASSET RETIREMENT OBLIGATION 7437487 DUE TO AFFILIATE 7550 11263633 X PART III, LINE 4: THE MONMOUTH UNIVERSITY PERMANENT ART COLLECTION SERVES AS A VITAL TEACHING TOOL AND IS AN INTEGRAL ASSET TO THE DEPARTMENT OF ART AND DESIGN, THE UNIVERSITY CAMPUS AS A WHOLE, AND THE VISITING PUBLIC. THROUGH COMPLIMENTING UNIVERSITY GALLERY EXHIBITIONS AND LECTURES AND WORKSHOPS BY VISITING ARTISTS AND HISTORIANS, THE UNIVERSITY COLLECTION PROVIDES STUDENTS, FACULTY AND THE GENERAL PUBLIC AT LARGE WITH ACCESS TO IMPORTANT PIECES OF ART. THE PERMANENT COLLECTION IS FREQUENTLY ON DISPLAY, SHOWCASING WORKS OF ART. THE UNIVERSITY COLLECTION IS ALSO MADE AVAILABLE TEMPORARILY, PER REQUEST, TO OTHER EDUCATIONAL INSTITUTIONS FOR EXHIBITION AND SCHOLARLY RESEARCH. FOR EXAMPLE, THE COLLECTION CONTAINS SUBSTANTIAL WORKS BY LEWIS MUMFORD AND JACOB LANDAU. WITH PROPER APPROVALS, THESE WORKS ARE MADE AVAILABLE ON LOAN TO REQUESTING INSTITUTIONS. PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING SCHOLARSHIPS, FACULTY CHAIRS, INSTRUCTION, ACADEMIC SUPPORT, AND OPERATION AND MAINTENANCE OF THE PHYSICAL PLANT. PART X, LINE 2: FIN 48 THE UNIVERSITY IS AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND, THEREFORE, IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE CODE ON INCOME GENERATED BY ACTIVITIES THAT ARE SUBSTANTIALLY RELATED TO ITS TAX-EXEMPT PURPOSE. THERE ARE CERTAIN TRANSACTIONS THAT COULD BE DEEMED UNRELATED BUSINESS INCOME AND COULD RESULT IN A TAX LIABILITY. MANAGEMENT REVIEWS TRANSACTIONS TO ESTIMATE POTENTIAL TAX LIABILITIES USING A MORE LIKELY THAN NOT THRESHOLD. IT IS MANAGEMENT'S ESTIMATION THAT THERE ARE NO MATERIAL TAX LIABILITIES THAT NEED TO BE RECORDED. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 MONMOUTH UNIVERSITY MAKES ITS RACIALLY NONDISCRIMINATORY POLICY PUBLIC THROUGH BY POSTING IT ON THE UNIVERSITY'S HOMEPAGE ON ITS WEBSITE. LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID: THE UNIVERSITY RECEIVES GRANTS FROM FEDERAL AND STATE GOVERNMENTAL AGENCIES FOR VARIOUS PURPOSES INCLUDING STUDENT FINANCIAL AID, RESEARCH AND TRAINING. GRANTING AGENCIES INCLUDE THE U.S. DEPARTMENT OF EDUCATION (INCLUDING FEDERAL DIRECT LOAN, PELL AND OTHER STUDENT FINANCIAL ASSISTANCE PROGRAMS), THE NJ HIGHER EDUCATION ASSISTANCE AUTHORITY AND THE NJ COMMISSION ON HIGHER EDUCATION (INCLUDING TUITION AID GRANT, EQUAL OPPORTUNITY FUND AND OTHER STUDENT FINANCIAL ASSISTANCE PROGRAMS), THE NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION, U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES, NATIONAL SCIENCE FOUNDATION, NJ DEPARTMENT OF TRANSPORTATION, NJ STATE COUNCIL OF THE ARTS, NJ DEPARTMENT OF ENVIRONMENTAL PROTECTION AND OTHER FEDERAL AND STATE AGENCIES. IN ADDITION, AS A RESULT OF THE COVID-19 PANDEMIC, THE UNIVERSITY RECEIVED AN ALLOCATION FROM THE HIGHER EDUCATION EMERGENCY RELIEF FUND (HEERF) ESTABLISHED UNDER THE CARES ACT TO PROVIDE EMERGENCY AID TO ELIGIBLE STUDENTS AND TO MITIGATE FINANCIAL LOSSES ASSOCIATED WITH COVID-19. (SEE SCHEDULE O - GENERAL STATEMENT REGARDING COVID-19 PANDEMIC) 1 EAST ASIA AND THE PACIFIC 0 2 PROGRAM SERVICES STUDY ABROAD PROGRAM 12386 SUB-SAHARAN AFRICA 0 1 PROGRAM SERVICES ACADEMIC SUPPORT 1000 CENTRAL AMERICA AND THE CARIBBEAN 0 1 PROGRAM SERVICES STUDENT SERVICES 35981 EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 PROGRAM SERVICES RESEARCH 8100 EUROPE (INCLUDING ICELAND & GREENLAND) 0 2 PROGRAM SERVICES ACADEMIC SUPPORT 2615 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 2275000 0 7 0 0 0 7 2335082 0 2335082 1 0 1 1 1 0 PART III ACCOUNTING METHOD: SCHEDULE F, PART IV: MONMOUTH UNIVERSITY INVESTS IN DOMESTIC AND FOREIGN LIMITED PARTNERSHIPS THAT MAY OWN AN INTEREST IN A FOREIGN CORPORATION, PASSIVE FOREIGN INVESTMENT COMPANY, OR FOREIGN PARTNERSHIP. NEVERTHELESS, THE UNIVERSITY'S ACTIVITIES MAY NOT REACH THRESHOLDS REQUIRED FOR FILING FORMS 926, 5471 OR 8621. TO THE EXTENT SUCH A FORM WAS COMPLETED, IT HAS BEEN FILED WITH THE ORGANIZATION'S FORM 990-T. GOLF OUTING 242075 146450 95625 51320 4620 18837 242075 146450 95625 51320 4620 18837 74777 20848 1 BOROUGH OF WEST LONG BRANCH 967 BROADWAY WEST LONG BRANCH NJ 07764 216001351 GOVERNMENT 36477 GENERAL SUPPORT CITY OF LONG BRANCH 344 BROADWAY LONG BRANCH NJ 07740 216000806 GOVERNMENT 75825 GENERAL SUPPORT HUDSON RIVER FOUNDATION FOR SCIENCE AND ENVIRONMENT 17 BATTERY PL STE 915 NEW YORK NY 10004 133089956 501(C)(3) 638130 GENERAL SUPPORT 3 TUITION DISCOUNT 5190 76219602 AUXILIARY ENTERPRISE DISCOUNT 369 4372147 CRRSA ACT EMERGENCY GRANTS 2996 2464845 CARES ACT EMERGENCY GRANTS 60 37595 PRESIDENT'S RELIEF FUND GRANTS 4 950 PART I, LINE 2: MONMOUTH UNIVERSITY GRANTS AND OTHER ASSISTANCE TO ORGANIZATIONS ARE MODEST AND ARE APPROVED BY OUR OFFICE OF PUBLIC AFFAIRS AND MONITORED BY THE PRESIDENT'S CABINET. GRANTS AND OTHER ASSISTANCE TO INDIVIDUALS TAKE THE FORM OF SCHOLARSHIPS TO OUR STUDENTS. THE SOURCE OF FUNDING OF THESE SCHOLARSHIPS MAY BE UNIVERSITY INSTITUTIONAL FUNDS, GOVERNMENT FUNDS OR DONOR FUNDS. UNIVERSITY FUNDED SCHOLARSHIPS ARE ADMINISTERED BY THE UNIVERSITY'S ADMISSIONS OFFICE, BOTH GRADUATE AND UNDERGRADUATE, AND AWARDED USING A CALCULATION DRIVEN BY PRIOR ACADEMIC PERFORMANCE STATISTICS. GOVERNMENT FUNDED SCHOLARSHIPS ARE AWARDED BY THE UNIVERSITY'S FINANCIAL AID OFFICE WITH STRICT ADHERENCE TO GOVERNMENT REGULATIONS AND AWARD CRITERIA. DONOR FUNDED SCHOLARSHIPS, WHETHER SPONSORED OR ENDOWED, ARE AWARDED BY THE UNIVERSITY'S FINANCIAL AID OFFICE WITH STRICT ADHERENCE TO THE DONOR'S WRITTEN AWARD CRITERIA. THE UNIVERSITY'S DEVELOPMENT OFFICE WORKS WITH THE DONOR AT THE TIME OF THE GIFT TO ESTABLISH THE WRITTEN AWARD CRITERIA AND THESE CRITERIA ARE MAINTAINED FOR REFERENCE IN BOTH THE UNIVERSITY'S DEVELOPMENT AND FINANCIAL AID OFFICES. DURING FISCAL YEAR 2021, THE UNIVERSITY DISTRIBUTED EMERGENCY GRANTS TO STUDENTS UNDER THE CORONAVIRUS RESPONSE AND RELIEF SUPPLEMENTAL APPROPRIATIONS ACT, 2020 (CRRSA), AUTHORIZING FUNDING FOR HIGHER EDUCATION INSTITUTIONS AS WELL AS FUNDING TO BE DIRECTED TO QUALIFYING STUDENTS THROUGH THE HIGHER EDUCATION EMERGENCY RELIEF FUND II (HEERF II). IN ADDITION, FUNDS THAT WERE UNSPENT UNDER THE CORONAVIRUS AID, RELIEF AND ECONOMC SECURITY (CARES) ACT OF 2020 WERE AWARDED DURING FISCAL YEAR 2021 UNDER THE PROVISIONS OF HEERFII. THE DEPARTMENT OF EDUCATION (DOE) PROVIDED INSTITUTIONS WITH SIGNIFICANT DISCRETION FOR THE DISTRIBUTION OF THESE GRANTS. HOWEVER, THE DOE DID STIPULATE THAT THE GRANTS BE DIRECTED TO STUDENTS WITH THE MOST SIGNIFICANT FINANCIAL NEEDS ARISING FROM THE CORONAVIRUS PANDEMIC. EMERGENCY GRANTS WERE AWARDED BY THE FINANCIAL AID OFFICE USING A SYSTEM AND PROCESS TAKING INTO CONSIDERATION BOTH STUDENT'S TITLE IV ELIGIBILITY AND FINANCIAL NEED. PRESIDENT RELIEF FUND HARDSHIP GRANTS WERE ADMINISTERED BY AN INTERNAL COMMITTEE WHO REVIEWED STUDENT APPLICATIONS AND AWARDED HARDSHIP GRANTS TO SUPPORT STUDENT HARDSHIPS ARISING FROM THE PANDEMIC, INCLUDING BUT NOT LIMITED TO, TECHNOLOGY ACCESS, FOOD INSECURITIES, AND NECESSITIES FOR DAILY LIVING. X X X 1 1 X X X X 0 0 0 0 0 0 0 1 0 PATRICK F LEAHY PRESIDENT 601160 0 100000 0 1218 0 22800 0 158877 0 884055 0 0 0 KING D RICE HEAD BASKETBALL COACH 498107 0 5000 0 45394 0 22800 0 41059 0 612360 0 0 0 WILLIAM CRAIG VP FOR FINANCE 307449 0 0 0 6112 0 22800 0 32720 0 369081 0 0 0 DONALD MOLIVER DEAN - SCHOOL OF BUSINESS 279573 0 0 0 7661 0 22800 0 28655 0 338689 0 0 0 PATRICIA SWANNACK VP FOR ADMINISTRATIVE SERVICES 282392 0 0 0 6111 0 22800 0 27129 0 338432 0 0 0 ROBERT MCCAIG VP ENROLLMENT MANAGEMENT 259804 0 0 0 1390 0 20973 0 34225 0 316392 0 0 0 EDWARD CHRISTENSEN VP/INFORMATION MANAGEMENT 225507 0 0 0 0 0 18409 0 70799 0 314715 0 0 0 JOHN CHRISTOPHER VP & GENERAL COUNSEL 255474 0 0 0 1390 0 20968 0 33489 0 311321 0 0 0 KENNETH WOMACK - DEAN-SCHOOL OF HUMANITIES (THRU 06/21)/FACULTY 235154 0 0 0 28985 0 21258 0 23529 0 308926 0 0 0 MARILYN MCNEIL VP/DIRECTOR ATHLETICS 240342 0 0 0 12795 0 19739 0 32611 0 305487 0 0 0 THOMAS S PEARSON PROFESSOR 240687 0 0 0 10462 0 19731 0 30815 0 301695 0 0 0 JONATHAN MEER - VP FOR UNIV ADV. (THRU 07/20)/SR. PHIL. ADV. 207208 0 0 0 27788 0 19067 0 40095 0 294158 0 0 0 ANTHONY MACDONALD DIRECTOR/URBAN COAST INSTITUTE 233114 0 0 0 6045 0 19161 0 30845 0 289165 0 0 0 REKHA DATTA INTERIM SR VP/PROVOST 256007 0 0 0 4068 0 20703 0 2517 0 283295 0 0 0 MARY ANNE NAGY VP FOR STUDENT SERVICES 246742 0 0 0 4019 0 19887 0 1433 0 272081 0 0 0 LAURA MORIARTY PROFESSOR 223803 0 0 0 1256 0 18018 0 11934 0 255011 0 0 0 AMANDA M KLAUS - EXECUTIVE DIR. (AS OF 01/21)/INT VP. UNIV. ADV 150053 0 0 0 1304 0 12121 0 11662 0 175140 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE OR RESIDENCE FOR THE BENEFIT AND CONVENIENCE OF THE UNIVERSITY IN HAVING THE FUNCTIONS OF THE OFFICE OF THE PRESIDENT EFFICIENTLY DISCHARGED AND AS A CONDITION OF EMPLOYMENT, THE PRESIDENT IS REQUIRED BY THE BOARD OF TRUSTEES TO RESIDE IN A HOME LOCATED ON CAMPUS AND PROVIDED BY THE UNIVERSITY AT ITS EXPENSE. THE VALUE OF THE PRESIDENT'S RESIDENCE FOR PERSONAL USE OF $105,300 IS REPORTED AS NON-TAXABLE COMPENSATION ON FORM 990. HEALTH OR SOCIAL CLUB DUES THE BOARD OF TRUSTEES REQUIRES THE UNIVERSITY TO MAINTAIN A MEMBERSHIP WITH A LOCAL GOLF CLUB SOLELY TO BE USED FOR UNIVERSITY FUNDRAISING, FRIEND RAISING AND OTHER UNIVERSITY BUSINESS. THE PRESIDENT AND THE VICE PRESIDENT FOR ADVANCEMENT HELD THIS MEMBERSHIP DURING THE YEAR. THIS MEMBERSHIP IS INCLUDED AS NON-TAXABLE COMPENSATION ON FORM 990 ($13,613 FOR THE PRESIDENT AND $9,326 FOR THE VICE PRESIDENT FOR ADVANCEMENT). PERSONAL SERVICES THE PRESIDENT'S RESIDENCE FOR PERSONAL USE IS OCCASIONALLY CLEANED BY UNIVERSITY STAFF. THE VALUE OF THIS SERVICE IS INCLUDED AS COMPENSATION ON THE PRESIDENT'S W-2 AND ON FORM 990. PART I, LINE 7 THE PRESIDENT RECEIVED A BONUS UNDER THE TERMS OF HIS EMPLOYMENT CONTRACT WHICH IS MADE AT THE DISCRETION OF THE BOARD OF TRUSTEES. DIANE FITZGERALD FAM MBR OF OFFICER 55362 EMPL. COMP. 0 JAMES GAUL FAM MBR OF OFFICER 104052 EMPL. COMP. 0 ANGELA MICHELLI FAM MBR OF TRUSTEE 41602 EMPL. COMP. 0 SCHEDULE L, PART IV: ALL TRANSACTIONS DISCLOSED ON SCHEDULE L ARE MADE AT ARMS-LENGTH TERMS AND NONE ARE INFLUENCED BY THE RELATIONSHIPS THAT EXIST WITH THE INTERESTED PERSONS. X 2 41001 EXPERT OPINION X 1 331500 SELLING PRICE X 4 302055 FMV ON DATE OF SALE X 1 91000 EXPERT OPINION X SUPPLIES 2 10401 SELLING PRICE 0 1 1 PART I, LINE 32B: THE UNIVERSITY USES A STOCKBROKER TO SELL GIFTS OF SECURITIES. SCH M, PART I, LINE 33: THE UNIVERSITY ONLY RECORDS REVENUE FOR NON-CASH CONTRIBUTIONS MEETING THE FOLLOWING CRITERIA: 1) ITEMS ADDED TO OUR EQUIPMENT, LAND, BUILDING, LAND IMPROVEMENT AND SUPPLY INVENTORY WITH A VALUE OF $1,000 OR MORE, A USEFUL LIFE OF ONE YEAR OR MORE, AND 2) WORKS OF ART OR HISTORICAL TREASURES ADDED TO OUR COLLECTION, AND 3) SECURITIES. GENERAL STATEMENT REGARDING COVID-19 PANDEMIC: FOR THE YEAR ENDING JUNE 30, 2021, THE UNIVERSITY WAS AWARDED CORONAVIRUS ASSISTANCE TOTALING $21,955,911 WHICH INCLUDED $8,980,998 TO PROVIDE EMERGENCY AID TO ELIGIBILE STUDENTS AND $12,974,913 TO MITIGATE THE FINANCIAL LOSSES ASSOCIATED WITH COVID-19 DISRUPTIONS TO THE UNIVERSITY. AS OF JUNE 30, 2021, $2,464,845 WAS DISTRIBUTED TO STUDENTS. GRANT REVENUE OF $8,928,381 FROM THIS FUNDING WAS RECOGNIZED FOR THE YEAR ENDING JUNE 30, 2021. THESE AWARDS WERE RECEIVED FROM THE FOLLOWING SOURCES LISTED BELOW. THE UNIVERSITY RECEIVED AN ALLOCATION FROM THE HIGHER EDUCATION EMERGENCY RELIEF FUND II (HEERF II) ESTABLISHED UNDER THE CORONAVIRUS RESPONSE AND RELIEF SUPPLEMENTAL APPROPRIATIONS ACT, 2021 (CRRSAA) AND THE HIGHER EDUCATION EMERGENCY RELIEF FUND III (HEERF III) ESTABLISHED UNDER THE AMERICAN RESCUE PLAN ACT OF 2021. BOTH ALLOCATIONS OF THE HEERF II AND HEERF III AWARDS INCLUDE FUNDING TO PROVIDE EMERGENCY AID TO ELIGIBLE STUDENTS AND TO MITIGATE FINANCIAL LOSSES ASSOCIATED WITH COVID-19 DISRUPTIONS TO THE UNIVERSITY. IN ADDITION, THE UNIVERSITY RECEIVED ALLOCATIONS FROM THE STATE OF NEW JERSEY THROUGH THE OFFICE OF THE SECRETARY OF HIGHER EDUCATION, CORONAVIRUS RELIEF FUND I AND II (CRF I AND CRF II). THE CRF I ALLOCATION WAS AWARDED TO REIMBURSE THE UNIVERSITY FOR PERSONAL PROTECTIVE EQUIPMENT PURCHASED AS A RESULT OF THE CORONAVIRUS. THE CRF II ALLOCATION WAS AWARDED TO THE UNIVERSITY TO MITIGATE FINANCIAL LOSSES ASSOCIATED WITH COVID-19 DISRUPTIONS. FINALLY, THE UNIVERSITY ALSO RECEIVED AN ALLOCATION OF THE CARES ACT PASSED THROUGH THE MONMOUTH COUNTY PERFORMING ARTS ORGANIZATION CORONAVIRUS RELIEF FUND TO PURCHASE EQUIPMENT TO RESUME ITS THEATRE AND ARTS PERFORMANCES SAFELY. FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: COMMITTED TO EXCELLENCE AND INTEGRITY IN TEACHING, SCHOLARSHIP AND SERVICE. FORM 990, PART VI, SECTION A, LINE 1 THERE ARE THREE CLASSES OF TRUSTEES WHO SERVE ON THE BOARD OF TRUSTEES: REGULAR TRUSTEES, LIFE TRUSTEES AND TRUSTEES EMERITI. THE CURRENT LIFE TRUSTEES WERE ELIGIBLE TO BE ELECTED TO A FIVE YEAR TERM AFTER DISTINCTIVE SERVICE ON THE BOARD FOR TWO FULL TERMS AS A REGULAR TRUSTEE; NO NEW LIFE TRUSTEES MAY BE APPOINTED. AT THE END OF THE FIVE YEAR TERM, THE LIFE TRUSTEE AUTOMATICALLY BECOMES A TRUSTEE EMERITIS. TRUSTEES EMERITI ARE ELIGIBLE TO BE ELECTED AFTER DISTINCTIVE SERVICE FOR AT LEAST TWO CONSECUTIVE TERMS WITHOUT INTERRUPTION AS A REGULAR TRUSTEE UPON RECOMMENDATION BY THE COMMITTEE ON TRUSTEES, A MAJORITY VOTE OF THE FULL MEMBERSHIP OF THE EXECUTIVE COMMITTEE AND TWO-THIRDS VOTE OF THE FULL BOARD OF TRUSTEES. TRUSTEE EMERITI MAY VOTE ON NON-FINAL MATTERS AT COMMITTEE MEETINGS BUT NOT AT FULL BOARD MEETINGS. THERE ARE TWELVE MEMBERS OF THE BOARD OF TRUSTEES WHO ARE TRUSTEE EMERITI. THE BOARD OF TRUSTEES HAS AN EXECUTIVE COMMITTEE THAT IS AUTHORIZED TO ACT ON BEHALF OF THE FULL BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE IS COMPOSED OF THE FOUR OFFICERS OF THE BOARD (CHAIR, VICE CHAIR, TREASURER AND SECRETARY), THE CHAIRS OF ALL STANDING COMMITTEES, TWO AT-LARGE MEMBERS OF THE BOARD APPOINTED BY THE CHAIR OF THE BOARD, THE IMMEDIATE PAST CHAIR OF THE BOARD AND THE PRESIDENT OF THE UNIVERSITY. ALL MEMBERS OF THE EXECUTIVE COMMITTEE ARE MEMBERS OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE MAY TAKE ANY ACTION THAT THE FULL BOARD OF TRUSTEES IS AUTHORIZED TO TAKE WITH CERTAIN EXCEPTIONS. THE EXECUTIVE COMMITTEE MAY NOT: TAKE ANY ACTION INCONSISTENT WITH A PRIOR ACT OF THE FULL BOARD OF TRUSTEES, AWARD DEGREES (OTHER THAN HONORARY DEGREES), SELECT OR APPOINT TRUSTEES OR OFFICERS, CHANGE THE UNIVERSITY'S MISSION OR PURPOSE, SELL THE UNIVERSITY'S ASSETS, ADOPT THE ANNUAL BUDGET, ALTER BYLAWS, REMOVE OR APPOINT THE PRESIDENT OR TAKE ANY ACTION SPECIFICALLY RESERVED TO THE FULL BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE ALSO HAS AUTHORITY TO PURCHASE, MANAGE AND SELL LAND, BUILDINGS AND CAPITAL EQUIPMENT, THE CONSTRUCTION OF NEW BUILDINGS AND THE RENOVATIONS OF EXISTING BUILDINGS COSTING BETWEEN $500,000 AND $1,000,000. THE EXECUTIVE COMMITTEE MAY ALSO TAKE ANY ACTION DELEGATED TO IT BY THE FULL BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS CHRISTOPHER MAHER AND JEANA PISCATELLI HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 4 THE BOARD REVISED ITS BYLAWS BY COMBINING SIX OF ITS COMMITTEES INTO THREE, AS FOLLOWS: THE EDUCATIONAL AND FACULTY AFFAIRS COMMITTEE AND THE STUDENT LIFE COMMITTEE WERE COMBINED TO FORM THE ACADEMIC AND STUDENT EXPERIENCE COMMITTEE; THE FINANCE AND BUDGETS AND INVESTMENT COMMITTEES WERE COMBINED TO FORM THE FINANCE AND INVESTMENT COMMITTEE; AND THE LEGAL COMMITTEE AND THE HUMAN RESOURCES AND BENEFITS COMMITTEE WERE COMBINED TO FORM THE LEGAL, HUMAN RESOURCES AND BENEFITS COMMITTEE. IN ADDITION, THE BOARD REVISED ITS BYLAWS BY ABOLISHING THE SOCIETY OF TRUSTEES (AN HONORARY TITLE GIVEN TO PAST MEMBERS OF THE BOARD) AND THE EX OFFICIO BOARD SEAT FOR THE CHAIR OF THE SOCIETY OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES HAS DESIGNATED THE AUDIT COMMITTEE TO BE RESPONSIBLE FOR THE REVIEW OF FORM 990 PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE. THIS RESPONSIBILITY IS INCLUDED IN THE AUDIT COMMITTEE'S CHARTER. A FINAL DRAFT OF THE FORM 990 IS PRESENTED TO THE AUDIT COMMITTEE AT A REGULAR MEETING FOR THEIR REVIEW AND COMMENT. MODIFICATIONS RESULTING FROM THE REVIEW, IF ANY, ARE MADE BEFORE FILING THE FORM. IN ADDITION, AN EMAIL IS SENT OUT TO EACH MEMBER OF THE BOARD LETTING THEM KNOW THE DRAFT IS AVAILABLE FOR REVIEW AND TO ALLOW THEM AN OPPORTUNITY TO COMMENT ON IT. ALL BOARD MEMBERS RECEIVE A COPY OF THE FINAL VERSION OF THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES HAS A CODE OF ETHICS, AS WELL AS A PROVISION IN ITS BYLAWS, WHICH DEALS WITH CONFLICTS OF INTEREST. ALSO, MEMBERS OF THE BOARD AND THE PRESIDENT'S CABINET OFFICERS COMPLETE AN ANNUAL DISCLOSURE STATEMENT SETTING FORTH THEIR BUSINESS AND OTHER INTERESTS. REVIEW OF SITUATIONS TO DETERMINE A CONFLICT ARE CARRIED OUT BY THE UNIVERSITY'S VICE PRESIDENT AND GENERAL COUNSEL AND IF NECESSARY THE BOARD'S EXECUTIVE COMMITTEE. BOARD MEMBERS FOUND TO HAVE A CONFLICT ON A PARTICULAR ITEM RECUSE THEMSELVES FROM PARTICIPATING AND VOTING IN CONNECTION WITH THAT ITEM. SUCH RECUSALS ARE PLACED ON THE RECORD. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION FOR THE PRESIDENT OF THE UNIVERSITY IS SET FORTH IN THE UNIVERSITY'S EXECUTIVE COMPENSATION POLICY AND THE MONMOUTH UNIVERSITY COMPENSATION COMMITTEE DOCUMENT ENTITLED "RESPONSIBILITIES OF THE COMMITTEE AND MEMBERS OF THE COMMITTEE." PURSUANT TO THAT POLICY, THE BOARD'S COMPENSATION COMMITTEE (ALL OF WHOM ARE INDEPENDENT) AND THE VICE PRESIDENT AND GENERAL COUNSEL REVIEW COMPARABLE COMPENSATION DATA PROVIDED BY AN INDEPENDENT OUTSIDE CONSULTANT AND MAKE COMPENSATION RECOMMENDATIONS TO THE FULL BOARD OF TRUSTEES AS TO THE COMPENSATION FOR THE PRESIDENT OF THE UNIVERSITY. MINUTES OF BOTH THE COMPENSATION COMMITTEE AND THE BOARD OF TRUSTEES MEETINGS CONCERNING SUCH ACTIONS ARE REVIEWED AND APPROVED BY BOTH BODIES. FORM 990, PART VI, SECTION C, LINE 19 MONMOUTH UNIVERSITY DOES NOT CURRENTLY MAKE ITS GOVERNING DOCUMENTS AVAILABLE TO THE GENERAL PUBLIC. THE UNIVERSITY'S CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE. BRUCE SPRINGSTEEN ACHIVES & CENTER 400 CEDAR AVENUE WEST LONG BEACH NJ 07764 825325604 EDUCATION NJ 501(C)(3) LINE 12A, I N/A 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 BRUCE SPRINGSTEEN ARCHIVES & CENTER O 332238 COST BRUCE SPRINGSTEEN ARCHIVES & CENTER Q 62531 SELLING PRICE