2021-02-10T18:09:27-06:00 2020-06-30 910189318 MOSS ADAMS LLP 4747 EXECUTIVE DR SUITE 1300 SAN DIEGO CA 92121 990 2019-07-01 951644593 MARSHALL B KETCHUM UNIVERSITY MARS 7144497400 2575 YORBA LINDA BLVD FULLERTON CA 92831 FRANK SCOTTI SR VP ADMIN. & FINANCE, CFO 7144497400 2021-02-08 1 PATRICIA J MAYER P00188643 8586271400 2019 2022-09-23 18:48:47Z DR KEVIN ALEXANDER 2575 YORBA LINDA BLVD FULLERTON CA 92831 42685938 0 X WWW.KETCHUM.EDU X 1904 CA THE MISSION OF MARSHALL B. KETCHUM UNIVERSITY IS TO EDUCATE CARING, INSPIRED HEALTH CARE PROFESSIONALS WHO ARE PREPARED TO DELIVER COLLABORATIVE, PATIENT-CENTRIC HEALTH CARE IN AN INTERPROFESSIONAL ENVIRONMENT. MBKU IS HOME TO THE SOUTHERN CALIFORNIA COLLEGE OF OPTOMETRY, THE SCHOOL OF PA STUDIES AND COLLEGE OF PHARMACY. THE SOUTHERN CALIFORNIA COLLEGE OF OPTOMETRY CONFERS A DOCTOR OF OPTOMETRY AND A MASTER OF SCIENCE IN VISION SCIENCE DEGREE. THE SCHOOL OF PA STUDIES AWARDS A MASTER OF MEDICAL SCIENCES DEGREE. THE COLLEGE OF PHARMACY WELCOMED ITS FIRST CLASS IN THE FALL OF 2017 AND WILL AWARD A DOCTOR OF PHARMACY DEGREE. MBKU OWNS AND OPERATES TWO HEALTH CARE CENTERS: KETCHUM HEALTH IN ANAHEIM HILLS AND LOS ANGELES. 21 20 259 20 46250 38926 2274548 4018396 32870409 36759877 980112 579103 1122876 1098866 37247945 42456242 372625 493600 0 0 24186137 26159210 0 0 580792 12051883 12533884 36610645 39186694 637300 3269548 95024266 96735688 50957275 49967334 44066991 46768354 X TO EDUCATE CARING, INSPIRED HEALTH CARE PROFESSIONALS WHO ARE PREPARED TO DELIVER COLLABORATIVE, PATIENT-CENTRIC HEALTH CARE IN AN INTERPROFESSIONAL ENVIRONMENT. 0 0 19458137 493600 33805046 GRADUATE EDUCATION:THE MISSION OF MARSHALL B. KETCHUM UNIVERSITY IS TO EDUCATE CARING, INSPIRED HEALTH CARE PROFESSIONALS WHO ARE PREPARED TO DELIVER COLLABORATIVE, PATIENT-CENTRIC HEALTH CARE IN AN INTERPROFESSIONAL ENVIRONMENT, AND THE CURRICULUM HAS BEEN ESTABLISHED TO ACHIEVE THISGOAL. IN ADDITION TO THE RIGOROUS ACADEMIC AND CLINICAL CURRICULUM ON CAMPUS, ALL PROFESSIONAL STUDENTS ROTATE THROUGH SEVERAL EXTERNAL CLINICAL SITES TO BROADEN AND DIVERSIFY THEIR LEARNING EXPERIENCES TO PREPARE THEM FOR CAREERS IN HEALTH CARE. IN THE FALL OF 2019, OUR TOTAL ENROLLMENT WAS 737 FULLTIME HEALTH PROFESSIONAL STUDENTS REPRESENTING OPTOMETRY (410), PHYSICIAN ASSISTANT (PA) (120), PHARMACY (194), MASTER OF SCIENCE IN VISION SCIENCE (1) AND OUR INTERNATION PROGRAM OFFERING A MASTER OF SCIENCE IN CLINICAL OPTOMETRY (13).FOR THE 2019-20 ACADEMIC YEAR, WE GRADUATED 38 MEDICAL MASTER SCIENCE DEGREES AND PA CERTIFICATES, 101 DOCTOR OF OPTOMETRY DEGREES (INCLUDING 1 DUAL MASTER OF SCIENCE IN VISION SCIENCE/DOCTOR OF OPTOMETRY DEGREE) AND 37 DOCTOR OF PHARMACY DEGREES.ADMISSIONS PROCESS FOR FALL 2019 ENROLLMENT ARE REPORTED BELOW. AT THE OUTSET OF THE APPLICATION PERIOD, THE ADMISSIONS POLICY COMMITTEES ESTABLISH HIGH STANDARDS FOR GPAS, APPLICATION TEST SCORES AND ACADEMIC INDEX POINT MINIMUMS PROVIDING THRESHOLDS FOR ADMISSIONS PERSONNEL TO CAREFULLY SCREEN AND SELECT THE MOST QUALIFIED APPLICANTS TO INTERVIEW.PROGRAM: OPTOMETRYVERIFIED APPLICATIONS* 465INTERVIEWS CONDUCTED 219MATRICULATED CLASS 103PROGRAM: PAVERIFIED APPLICATIONS* 1,613INTERVIEWS CONDUCTED 163MATRICULATED CLASS 41PROGRAM: PHARMACYVERIFIED APPLICATIONS* 239INTERVIEWS CONDUCTED 133MATRICULATED CLASS 55*VERIFIED APPLICATIONS THROUGH THE CENTRALIZED APPLICATION SYSTEM(I.E., OPTOMCAS, CASPA, AND PHARMCAS). 7659366 3148292 CLINICAL EDUCATION VISION/PATIENT CARE:AFFILIATED WITH THE EDUCATION PROGRAM, THE UNIVERSITY OPERATES FULL-SERVICE VISION CLINICS ON ITS ORANGE COUNTY CAMPUS AND IN DOWNTOWN LOS ANGELES, PLUS 3 LIMITED-HOUR COMMUNITY CLINICS IN ORANGE COUNTY AND LOS ANGELES, MANY LOCATED IN LOW-INCOME AREAS. THE CLINICS TOGETHER SERVED 134,650 UNIQUE ENCOUNTERS. COMPREHENSIVE VISION SERVICES INCLUDE PRIMARY EYE CARE AND SPECIALIZED PATIENT SERVICES: BASIC VISION EXAMINATION; PEDIATRIC VISION SCREENING, VISION CARE AND VISION THERAPY; OCULAR DISEASE DIAGNOSIS AND TREATMENT AND OPHTHALMOLOGY CONSULTATION; CONTACT LENSES AND PROSTHETICS FITTING; LOW VISION REHABILITATION AND EYEWEAR AND OPTICAL DISPENSING. THE VISION CLINICS PROVIDED $456,849 IN PUBLIC SUPPORT THROUGH DISCOUNTS AND FEE WAIVERS. ALSO, 4,541 PATIENTS WERE SERVED THROUGH OUR 12 SCHOOL SCREENING PROGRAMS. 814162 RESEARCH:THE UNIVERSITY SUPPORTS THE RESEARCH PROGRAM BY PROVIDING PHYSICAL AND FINANCIAL RESOURCES TO FACULTY WHO ENGAGE IN RESEARCH. EXTERNAL NATIONAL INSTITUTE OF HEALTH (NIH) / NATIONAL EYE INSTITUTE (NEI) GRANTS HAVE INCLUDED SEVERAL MULTI-CENTER STUDIES COORDINATED BY THE PEDIATRIC EYE DISEASE INVESTIGATOR GROUP (E.G. CITT-ART, ATS-20, AND IXT-5). IN ADDITION, INDUSTRY CONTRACTS HAVE BEEN AWARDED TO FACULTY RESEARCHERS BY OPHTHALMIC AND PHARMACEUTICAL COMPANIES INCLUDINGCOOPERVISION, JOHNSON AND JOHNSON VISION CARE AND TOPCON. FACULTY MEMBERS HAVE ALSO ACTIVELY PARTICIPATED IN COLLABORATIVE RESEARCH STUDIES OF DRY EYE/OCULAR SURFACE DISEASE, MEIBOMAIN GLAND DYSFUNCTION AND CONTACT LENS DISCOMFORT, AND THE EFFECT OF DIABETES ON RETINAL FUNCTION. RESEARCH ACTIVITIES ARE INTEGRAL TO THE MASTER OF SCIENCE IN VISION SCIENCE GRADUATE PROGRAM WHICH HAS CONTINUED TO EXPAND WITH A TOTAL OF 12 COMPLETED AND 10 ENROLLED STUDENTS. TOTAL DIRECT GRANT REVENUE FOR THE PERIOD WAS $159K AND THERE WERE 22 TOTAL PEER-REVIEWED PUBLICATIONS. 27931665 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 133 0 1 259 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 21 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X LORI JACKLIN 7144637541 5460 E LA PALMA AVE ANAHEIM CA 92807 DR KEVIN ALEXANDER PRESIDENT 40.00 2.00 X 342064 0 225927 EDWARD FISHER DEAN PHARMACY 40.00 0.00 X 292381 0 46953 DR ERIC BORSTING INTERIM DEAN (THRU 12/19) 40.00 0.00 X 235614 0 37946 DR JULIE SCHORNACK SR. VP & CHIEF OF STAFF 40.00 0.00 X 243927 0 26019 JUDY ORTIZ VP OF EDUCATIONAL EFFECTIVENESS 40.00 0.00 X 224392 0 39522 DR MARK NAKANO ASSOCIATE DEAN OF CLINICS 40.00 0.00 X 209639 0 20593 JAVED TAFRESHI ASSOCIATE DEAN FOR ACADEMIC AFFAIRS, PHARMACY 40.00 0.00 X 179859 0 45466 FRANK SCOTTI SR. VP FOR ADMIN. & FINANCE & CFO 40.00 2.00 X 160854 0 26676 DR DAN MAY TRUSTEE 4.00 X 80172 0 0 MR RICHARD PRICE CHAIRMAN OF THE BOARD 6.00 2.00 X X 2600 0 0 DR DAWN MILLER TRUSTEE 4.00 X 0 0 0 DR GLENDA SECOR TRUSTEE 4.00 X 0 0 0 DR MORRIS APPLEBAUM TRUSTEE (THRU 11/20) 4.00 X 0 0 0 DR JOSEPH MALLINGER TRUSTEE 4.00 X 0 0 0 DR AKIO KANAI TRUSTEE 4.00 X 0 0 0 MR ROBERT KEMP TRUSTEE 4.00 X 0 0 0 DR LYNN GABRIEL VICE CHAIR 6.00 2.00 X X 0 0 0 DR DUNCAN JOHNSON TRUSTEE 4.00 X 0 0 0 MS FRANCES HUNTER TRUSTEE 4.00 X 0 0 0 MR DAVE GIBSON TRUSTEE 4.00 X 0 0 0 DR GENE CALKINS TRUSTEE 4.00 X 0 0 0 JUDGE CAROL NAJERA IMMEDIATE PAST CHAIR 6.00 2.00 X 0 0 0 DR WYNETTE AUGUSTINE TRUSTEE 4.00 X 0 0 0 DR RAY BAKER SECRETARY/TREASURER 6.00 2.00 X X 0 0 0 DR CINDY BLANCQ TRUSTEE 4.00 X 0 0 0 MR RICHARD JONES TRUSTEE 4.00 X 0 0 0 MS GAYE BREYMAN TRUSTEE 4.00 X 0 0 0 DR WALTER BUSTER TRUSTEE 4.00 X 0 0 0 DR RODNEY TAHRAN TRUSTEE 4.00 1.00 X X 0 0 0 1971502 0 469102 89 0 1 0 CERTIFIED MAINTENANCE SERVICES INC 1900 EAST WARNER AVE 1-J SANTA ANA CA 92705 JANITORIAL/HOUSEKEEPING SERVICES 302513 SINCERUS SOLUTIONS INC 625 FAIR OAKS AVE SUITE 288 SOUTH PASADENA CA 91030 TEMPORARY STAFFING 177887 ONTARIO REFRIGERATION SERVICES INC 635 S MOUNTAIN AVENUE ONTARIO CA 91762 HVAC MAINTENANCE & REPAIRS 122743 ABM ONSITE SERVICES - WEST INC 1150 S OLIVE STRET FLOOR 19 LOS ANGELES CA 90015 SHUTTLE SERVICES 116176 4 91914 1415902 409665 2100915 4018396 TUITION AND FEES 611600 33350083 33350083 EYE CARE CENTERS 621300 3148292 3148292 CONTINUING EDUCATION 611430 261502 261502 36759877 594402 594402 1032 1032 555477 51557 503920 503920 503920 25600 40899 -15299 -15299 -15299 15766 91914 84245 -68479 -68479 96721 52995 43726 32019 11707 PARKING REVENUE 812930 161442 161442 ADVERTISING 541800 34543 34543 422682 422682 618667 42456242 36953338 46250 1438258 493600 493600 1153679 80822 1072857 20088495 15572386 4186738 329371 1521481 1291076 203237 27168 2032171 1427643 526253 78275 1363384 969006 373989 20389 36271 36271 117560 117560 26499 26499 858117 434045 387372 36700 67338 2012 65064 262 546632 324875 175377 46380 1270602 369010 901592 1152266 1029598 107947 14721 89508 71854 12403 5251 461682 167834 271573 22275 1325868 1325868 2876556 2426276 450280 433357 433357 EQUIPMENT 1185179 1185179 EYE CARE CLINIC MATERIA 703190 703190 DUES AND SUBSCRIPTIONS 347755 347755 1035504 1035504 39186694 27931665 10674237 580792 2698050 5368242 10549591 11076209 210535 937526 661036 1807190 6533339 5638832 447436 465326 251667 221150 86564475 37610176 51077774 48954299 21868072 21629672 226926 226926 499840 410316 95024266 96735688 4284446 5020902 3722743 673028 25600000 25600000 8449750 7683750 3967260 8900336 7022394 50957275 49967334 X 26575262 28574140 17491729 18194214 44066991 46768354 95024266 96735688 X 3269548 -655240 87055 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2196255 X X 0 23988090 190061 -186537 411305 90861 23489448 24209240 87539 697707 325777 680619 23988090 23634869 173184 1192254 293756 497311 24209240 19679573 2817149 1400084 261937 23634869 20336981 322891 -190907 272951 516441 19679573 0.64180 0.21150 0.14670 0 0 6771257 6771257 60358066 24267395 36090671 18487134 13342781 5144353 948018 948018 48954299 FEDERAL ADVANCES FOR STUDENT LOANS 6146611 ANNUITIES PAYABLE 875783 7022394 X PART III, LINE 4: THE LIBRARY IS AN ESSENTIAL FUNCTION OF THE EDUCATIONAL PROCESS. PART V, LINE 4: THE UNIVERSITY HAS UTILIZED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. AS A RESULT, THE ENDOWMENT ASSETS ARE INVESTED IN A MANNER THAT IS INTENDED TO PRODUCE RESULTS THAT, OVER THE LONG-TERM ALLOW IT TO GROW AT A RATE EXCEEDING EXPECTED INFLATION. THIS IS CONSISTENT WITH THE UNIVERSITY'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS HELD IN PERPETUITY, AS WELL AS, TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE UNIVERSITY IS NOT SUBJECT TO FEDERAL INCOME TAXES EXCEPT TO THE EXTENT IT DERIVES INCOME FROM CERTAIN ACTIVITIES NOT SUBSTANTIALLY RELATED TO ITS TAX-EXEMPT PURPOSE (UNRELATED BUSINESS TRADE OR BUSINESS ACTIVITIES). THE UNIVERSITY IS ALSO EXEMPT FROM STATE INCOME TAXES. 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, 2020 AND 2019. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE 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 MBKU CUSTOMARILY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS NATIONWIDE, AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS. SO WE HAVE SATISFIED THE PUBLICITY REQUIREMENT BY COMPLYING WITH SECTION 4.02 REV. PROC. 75-50, 1975-2 C.B. 587. SCHEDULE E, PART I, LINE 6 MARSHALL B. KETCHUM UNIVERSITY RECEIVES AID TO ASSIST STUDENTS WITH TUITION, LIVING EXPENSES, AND BOOKS AND MATERIALS GALA 107680 91914 15766 2300 26660 5250 50035 107680 91914 15766 2300 26660 5250 50035 84245 -68479 1 PRIVATE SCHOLARSHIPS 141 493600 PART I, LINE 2: GRANTS AND FINANCIAL AID ARE AWARDED TO STUDENTS. THESE FUNDS ARE THEN USED FOR TUITION AND OTHER EXPENSES RELATED TO EDUCATION (BOOKS, LAB EQUIPMENT, ETC). FUNDS ARE GENERALLY NOT ACTUALLY RELEASED TO THE STUDENTS, BUT ARE USED TO OFFSET TUITION COSTS BY THE FINANCIAL AID OFFICE. PART III, COLUMN C: OF THIS AMOUNT, $48,600 ARE FOR AWARDS THAT ARE RELEASED DIRECTLY TO STUDENTS. X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 DR KEVIN ALEXANDER PRESIDENT 328164 0 0 0 13900 0 165200 0 60727 0 567991 0 0 0 EDWARD FISHER DEAN PHARMACY 291281 0 0 0 1100 0 25200 0 21753 0 339334 0 0 0 DR ERIC BORSTING INTERIM DEAN (THRU 12/19) 235614 0 0 0 0 0 21944 0 16002 0 273560 0 0 0 DR JULIE SCHORNACK SR. VP & CHIEF OF STAFF 243027 0 0 0 900 0 23019 0 3000 0 269946 0 0 0 JUDY ORTIZ VP OF EDUCATIONAL EFFECTIVENESS 223292 0 0 0 1100 0 21116 0 18406 0 263914 0 0 0 DR MARK NAKANO ASSOCIATE DEAN OF CLINICS 208539 0 0 0 1100 0 19093 0 1500 0 230232 0 0 0 JAVED TAFRESHI ASSOCIATE DEAN FOR ACADEMIC AFFAIRS, 178759 0 0 0 1100 0 17420 0 28046 0 225325 0 0 0 FRANK SCOTTI SR. VP FOR ADMIN. & FINANCE & CFO 160162 0 0 0 692 0 14781 0 11895 0 187530 0 0 0 PART I, LINE 1A AS A CONDITION OF EMPLOYMENT, THE MBKU PRESIDENT LIVES IN A HOME OWNED BY THE UNIVERSITY AT NO COST. THE UNIVERSITY PAYS FOR UTILITIES AND MAINTENANCE OF THE GROUNDS. THE HOUSE SERVES AS A VENUE FOR MANY UNIVERSITY FUNCTIONS AND EVENTS AND HAS AN OFFICE FOR THE USE OF THE PRESIDENT AFTER REGULAR WORK HOURS AND WEEKENDS. THE VALUE OF THE HOUSING PROVIDED TO THE PRESIDENT IS $50,294 AND IS INCLUDED IN THE COMPENSATION INFORMATION PRESENTED IN PART VII OF THE FORM 990 AND IN SCHEDULE J. PART I, LINE 4B THE PRESIDENT OF THE UNIVERSITY, KEVIN ALEXANDER, PARTICIPATES IN A 457(F) PLAN. TOTAL CONTRIBUTIONS OF $140,000 WERE MADE FOR 2019. A CITY OF FULLERTON PUBLIC FINANCING AUTHORITY TAX-EXEMPT BOND 956000711 NONEAVAIL 2015-01-23 25536000 SEE PART VI 0 0 0 A 1160000 25536000 512000 18696851 6327149 2016 0 1 1 1 A 0 0 0 0 0 0 0 A 0 0 0 1 0 0 0 0 0 A 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CITY OF FULLERTON PUBLIC FINANCING AUTHORITY TAX-EXEMPT BOND DATE THE REBATE COMPUTATION WAS PERFORMED: 02/21/2020 SCHEDULE K, PART I, DESCRIPTION OF PURPOSE: REFUND 6/2/2004 PRIOR ISSUE BONDS $6,327,149; FINANCE PURCHASE, RENOVATION, AND EQUIP OF EDUCATIONAL FACILITY $18,696,851. SCHEDULE K, PART V, PROCEDURES TO UNDERTAKE CORRECTIVE ACTION: THE UNIVERSITY IS CURRENTLY IN THE PROCESS OF ADOPTING WRITTEN BOND PROCEDURES TO TIMELY IDENTIFY VIOLATIONS AND CORRECT THROUGH THE VOLUNTARY CLOSING AGREEMENT PROGRAM. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES FINANCE COMMITTEE REVIEWS AND APPROVES THE FORM 990. PRIOR TO SUBMITTING TO IRS, THE FINAL FORM 990 IS SENT TO THE ENTIRE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST QUESTIONNAIRE IS DISTRIBUTED TO THE BOARD OF DIRECTORS TO BE COMPLETED ANNUALLY. UPON THE DISCLOSURE OF ANY CONFLICT OF INTEREST, THE MATTER IS DISCUSSED WITH THE CHAIRMAN OF THE BOARD. IF A PERSON HAS A CONFLICT OF INTEREST THEY ARE NOT ALLOWED TO VOTE ON THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 UNIVERSITY PRESIDENT SALARY IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. IN ADDITION, THE PRESIDENT'S CONTRACT IS ESTABLISHED AND REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. OTHER OFFICERS AND KEY EMPLOYEES SALARIES ARE DETERMINED AND APPROVED BY THE UNIVERSITY PRESIDENT. COMPENSATION IS DETERMINED BY USING COMPARABLE DATA AND INDEPENDENT COMPENSATION STUDIES. THIS PROCESS IS DOCUMENTED AND WAS LAST COMPLETED JANUARY 2020. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AT THE UNIVERSITY'S MAIN OFFICE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF ANNUITIES 87,055. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT OR SELECTION PROCESS FOR THE AUDIT OF THE FINANCIAL STATEMENTS. SCCO COLLEGE PROPERTIES INC 2575 YORBA LINDA BLVD FULLERTON CA 92831 953549243 TITLE HOLDING COMPANY CA 501(C)(2) N/A MARSHALL B KETCHUM UNIVERSITY 1 CHARITABLE REMAINDER UNITRUST (3) CHARRITABLE TRUST CA T 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SCCO COLLEGE PROPERTIES INC C 1415902 CASH