2021-03-30T09:00:20-05:00 2020-05-31 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2019-06-01 340714818 FRANCISCAN UNIVERSITY OF STEUBENVILLE FRAN 7402833771 1235 UNIVERSITY BOULEVARD STEUBENVILLE OH 43952 RICHARD S ROLLINO VP OF FINANCE 7402833771 2021-03-25 1 SUSAN M KIRSCH P00341397 4122613644 2019 2022-09-23 18:48:47Z FR DAVE PIVONKA TOR 1235 UNIVERSITY BOULEVARD STEUBENVILLE OH 43952 163997474 0 X WWW.FRANCISCAN.EDU X 1946 OH INSTITUTION OF HIGHER EDUCATION AND CHRISTIAN OUTREACH PROGRAMMING. 21 18 2178 496 3123399 0 8523070 30760149 82489193 83571226 19919372 3591328 3358161 3478512 114289796 121401215 23218657 27920161 0 0 40639800 42318688 0 0 3631611 33523206 31780899 97381663 102019748 16908133 19381467 216487209 242767942 57825214 63656301 158661995 179111641 SEE SCHEDULE O 0 0 77766951 27920161 79091782 THE UNIVERSITY PROVIDES INSTRUCTION AND AUXILIARY SERVICES (INCLUDING ROOM AND BOARD) TO 3,533 UNDERGRADUATE AND GRADUATE STUDENTS (INCLUDES ONLINE DELIVERY STUDENTS) ENROLLED IN 54 MAJORS AND 41 MINOR ACADEMIC PROGRAMS. A TOTAL OF 478 UNDERGRADUATE AND 156 MASTERS DEGREES WERE CONFERRED IN THE 2019-20 ACADEMIC YEAR.AT THE ONSET OF THE COVID-19 OUTBREAK, THE UNIVERSITY BEGAN FOCUSING INTENSELY ON MITIGATING THE ADVERSE IMPACTS OF THE OUTBREAK BY PROTECTING STUDENTS, FACULTY AND STAFF. CLASSROOM DELIVERY SHIFTED TO A REMOTE ONLINE PLATFORM IN MID-MARCH 2020 AND THROUGH THE REMAINDER OF THE SPRING 2020 ACADEMIC TERM. 6649786 5058280 CHRISTIAN OUTREACH PROGRAMS PROVIDE SPIRITUAL FORMATION AND EDUCATION, INVITING CATHOLICS INTO A LIFELONG RELATIONSHIP WITH CHRIST AND HIS CHURCH. 53,301 YOUTH AND ADULTS PARTICIPATED IN ANNUAL CONFERENCES, EVENTS, AND SEMINARS IN THE U.S AND CANADA. A DIGITAL CATECHETICAL PLATFORM ALSO FURTHERS THE UNIVERSITY'S GOALS FOR THE NEW EVANGELIZATION. 84416737 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 1 1 1 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 1 0 1 1 0 0 1 1 0 1 0 1 4120 0 1 2178 1 1 1 1 AU 0 0 0 1 1 0 0 0 0 0 0 X 21 18 1 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X TIMOTHY A HEFFRON 7402833771 1235 UNIVERSITY BOULEVARD STEUBENVILLE OH 43952 WILLIAM GORMAN CHIEF OPERATING OFFICER (EXITED 9/19) 50.00 0.00 X 298293 0 23291 JOEL S RECZNIK VP OF ENROLLMENT MGMT 50.00 0.00 X 129710 0 107350 DR SCOTT HAHN PROFESSOR CHAIR OF BIBLICAL THEOLOGY 50.00 0.00 X 145150 0 66064 DAVID ALAN SCHMIESING VP OF STUDENT LIFE 50.00 0.00 X 114970 0 84704 DR DANIEL KUEBLER DEAN OF NATURAL AND APPLIED SCIENCE 50.00 0.00 X 161068 0 31631 HEATHER ULREY VP OF STRATEGIC ALLIANCES (EXITED 1/20) 50.00 0.00 X 180278 0 10285 RICHARD ROLLINO VP OF FINANCE 50.00 0.10 X 126016 0 64471 DR DANIEL R KEMPTON VP OF ACADEMIC AFFAIRS 50.00 0.00 X 148390 0 38304 TOM PAPPALARDO VP FOR ADVANCEMENT 50.00 0.00 X 156554 0 22886 DR PAUL SYMINGTON PROFESSOR, DEAN OF PHILOSOPHY 50.00 0.00 X 142882 0 25133 DR MICHAEL HEALY PROFESSOR OF PHILOSOPHY 50.00 0.00 X 132332 0 34295 BRENAN PATRICK PERGI VP OF HR 50.00 0.00 X 126510 0 36500 DR ANNE HENDERSHOTT PROFESSOR OF SOCIOLOGY 50.00 0.00 X 129227 0 33012 MARK R JOSEPH VP FOR CENTER FOR EVANGELIZATION (EFFECTIVE 10/19) 50.00 0.00 X 102826 0 33628 NANCY OLIVER DIRECTOR OF INFO. TECHNOLOGY (EXITED 3/20) 50.00 0.00 X 116470 0 12038 KIMBERLY SPONSELLER EXEC DIR OF MARKETING/COMMUNICATIONS 50.00 0.00 X 101447 0 10321 JANINE MURDOCK SECRETARY OF THE CORPORATION 40.00 0.00 X 44125 0 27660 SR MARY RACHEL CAPETS OP TRUSTEE (ENTERED 4/2020) 1.00 0.00 X 0 0 0 MOST REVEREND ROGER J FOYS TRUSTEE 1.00 0.00 X 0 0 0 JOHN GOETZ TRUSTEE 1.00 0.00 X 0 0 0 CHRISTOPHER IRVIN TRUSTEE 1.00 0.00 X 0 0 0 PHILIP HOWARD TRUSTEE 1.00 0.00 X 0 0 0 W PAUL JONES TRUSTEE 1.00 0.00 X 0 0 0 REV JOHN MARK KLAUS TOR TRUSTEE 1.00 0.00 X 0 0 0 ALBERT H LANGSENKAMP TRUSTEE 1.00 0.00 X 0 0 0 DR LAURA MEEKS TRUSTEE (EXITED 1/20) 1.00 0.00 X 0 0 0 REV JAMES PUGLIS TOR TRUSTEE 1.00 0.00 X 0 0 0 RICHARD RIEDERER TRUSTEE 1.00 0.10 X 0 0 0 DR DEBORAH SAVAGE TRUSTEE 1.00 0.00 X 0 0 0 REV MATTHEW SIMONS TOR TRUSTEE (ENTERED 1/2020) 1.00 0.00 X 0 0 0 BR MARIUS STROM TOR TRUSTEE (ENTERED 4/2020) 1.00 0.00 X 0 0 0 MARK THOMAS TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL TOBIN TRUSTEE 1.00 0.00 X 0 0 0 DR PAULA TRZEPACZ TRUSTEE 1.00 0.00 X 0 0 0 REV LARRY UHLMAN TOR TRUSTEE 1.00 0.00 X 0 0 0 REV VINCENT YEAGER TOR TRUSTEE (EXITED 7/19) 1.00 0.00 X 0 0 0 REV JOSEPH LEHMAN TOR CHAIR (ENTERED 7/19) 1.00 0.00 X X 0 0 0 REV MALACHI VAN TASSELL TOR CHAIR (EXITED 7/19) 1.00 0.10 X X 0 0 0 DAVID DEWOLF VICE CHAIR 1.00 0.00 X X 0 0 0 FR JOHNATHAN ST ANDRE TOR VP FRANCISCAN LIFE (AS OF 7/19) 1.00 0.00 X X 0 0 0 FR DAVE PIVONKA PRESIDENT 50.00 0.50 X X 0 0 0 REV NATHAN MALAVOTI TOR CHIEF EVANG. OFFICER (EXITED 7/19) 1.00 0.00 X 0 0 0 2356248 0 661573 37 0 1 0 PARKHURST DINING SERVICES 285 EAST WATERFRONT DR HOMESTEAD PA 15120 FOOD SERVICE 4350627 FRANCISCAN FRIARS TOR PO BOX 188 LORETTO PA 15940 ADMIN & FACULTY 945476 JEFFERSON INVESTIGATORS & SECURITY INC 1439 SUNSET BLVD STEUBENVILLE OH 43952 SECURITY 538512 RUNAWAY RECORDS PRODUCTIONS LLC 1125 NOBLESTOWN ROAD OAKDALE PA 15071 A/V SERVICE 292382 STOPPINI GROUP TRAVEL LLC 100 ELIZABETH STREET ELMHURST TOWNSHIP PA 18444 STUDENT GROUP TOURS 282850 19 57436 2200754 28501959 8748843 30760149 TUITION AND FEES 900099 66129717 66129717 AUXILIARY ACTIVITIES 900099 10720287 10720287 CHRISTIAN OUTREACH 611710 5058280 4874795 183485 STUDENT REL. ACTIVITIES 900099 1156444 1148278 8166 MISC STUDENT SERVICES 900099 484606 437927 46679 21892 21892 83571226 1675591 15289 1660302 77057 0 77057 77057 77057 42578691 40618014 44940 1960677 -44940 1915737 1915737 20880 57436 69015 -48135 -48135 1224 250 974 974 5312656 1864040 3448616 578836 2869780 121401215 83911732 3123399 3605935 23767116 23767116 4153045 4153045 2070596 779225 793784 497587 569698 239874 172687 157137 27728815 23307311 3240624 1180880 1554997 1316339 162589 76069 8373908 6914811 960778 498319 2020674 1650992 252111 117571 380024 5503 374521 226907 10054 216853 416607 416607 3429671 2998405 223964 207302 301058 245039 6137 49882 3153801 2087041 669234 397526 690106 670614 19492 1418 1000 418 3257434 2646727 605782 4925 1808206 1598055 89046 121105 78060 42951 17844 17265 2125960 1602471 523489 5333016 3246520 2086496 688313 276312 412001 FOOD SERVICE 4037802 4037802 REPAIR & MAINTENANCE 2019442 1144618 775240 99584 ADMIN EXP - LLCS 1640299 1640299 CARES STUDENT PAYMENTS 995500 995500 1197275 679412 331314 186549 102019748 84416737 13971400 3631611 4209149 3933403 3796330 10346505 513297 566400 1423620 3550941 773233 640533 698764 628553 1510679 1115595 179132912 79983169 102191499 99149743 63415959 74794494 37954679 48041775 216487209 242767942 7337829 7817802 758371 537579 5129049 2941279 22815000 22265000 20812086 20623558 972879 9471083 57825214 63656301 X 109733810 107248575 48928185 71863066 158661995 179111641 216487209 242767942 19381467 1068179 0 X X 0 1 X 1 1 1 X 4365391 5593233 6417815 6494460 28857074 51727973 4365391 5593233 6417815 6494460 28857074 51727973 18783819 32944154 1510048 1312306 1987638 2518419 1752648 9081059 60809032 417527829 0.54180 0.76240 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: ESTATE DATE: 05/31/20 AMOUNT: 1903075. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 62845444 657947 3061074 1361211 65203254 60631362 1824940 1449319 1060177 62845444 56299833 441459 4802495 912425 60631362 53870618 986649 6353214 910648 4000000 56299833 55267149 1178488 -1706246 699618 169155 53870618 0.33470 0.38350 0.28180 0 0 9853611 9853611 143729220 62617700 81111520 23891084 17365469 6525615 1658997 1658997 99149743 ALTERNATIVE INVESTMENT FUNDS & PARTNERSHIPS 48041775 F 48041775 STUDENT AND OTHER DEPOSITS 2821083 PAYROLL PROTECTION PROGRAM LOAN 6650000 9471083 X 97664119 1068179 1933305 3001484 94662635 350596 26387984 26738580 121401215 77214473 1933305 1933305 75281168 350596 26387984 26738580 102019748 PART III, LINE 4: THE UNIVERSITY'S COLLECTIONS INCLUDE PAINTINGS, PRINTS, PHOTOGRAPHS, SCULPTURES, DRAWINGS AND WATERCOLORS AND DECORATIVE ARTS. THESE ITEMS ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC, CURATORIAL AND RELIGIOUS PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. ITEMS ARE REFLECTED IN EQUIPMENT IN THE CONSOLIDATED FINANCIAL STATEMENT AT APPRAISED VALUE ON THE DATE PURCHASED OR CONTRIBUTED. PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 160 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, INCLUDING DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. NET ASSETS ASSOCIATED WITH THESE ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. PART X, LINE 2: INCOME TAXES - THE UNIVERSITY IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS, THEREFORE, EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE IRC. THE UNIVERSITY IS ALSO EXEMPT FROM STATE INCOME TAX UNDER APPLICABLE STATE STATUTES. HIH, S-8 AND GVP HAVE BEEN ORGANIZED AS LLCS, WHICH ARE NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. HOWEVER, THE TAXABLE INCOME OR LOSS FROM THESE ENTITIES IS INCLUDED IN THE INCOME TAX RETURN OF THE UNIVERSITY. ACCORDINGLY, ANY INCOME THAT IS UNRELATED TO THE EXEMPT PURPOSES OF THE UNIVERSITY IS TREATED AS UNRELATED BUSINESS INCOME ON THE UNIVERSITY'S TAX RETURN. THE UNIVERSITY FOLLOWS THE RELEVANT ACCOUNTING GUIDANCE RELATIVE TO UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN FINANCIAL STATEMENTS. THE UNIVERSITY FILES INFORMATION AND INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION, AND VARIOUS STATES AND FOREIGN JURISDICTIONS. WITH FEW EXCEPTIONS, THE UNIVERSITY IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL OR NON-U.S. EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2017. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 69,265. COST OF GOODS SOLD 1,864,040. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 26,387,984. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 69,265. COST OF GOODS SOLD 1,864,040. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 26,387,984. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ALL UNDERGRADUATE AND GRADUATE APPLICATIONS REFLECT NON-DISCRIMINATORY POLICIES. THE POLICY STATEMENT IS CONTAINED IN PRINT AND TV ADVERTISING, AND PUBLISHED IN ADMISSIONS RECRUITMENT MATERIALS, UNIVERSITY CATALOGS, AND DOCUMENTS DISTRIBUTED TO PROSPECTIVE STUDENTS. THE POLICY IS ALSO STATED ON THE UNIVERSITY`S WEBSITE. SCHEDULE E, PART I, LINE 6 THESE FUNDS REPRESENT FINANCIAL AID ISSUED TO STUDENTS IN THE FORM OF FEDERAL AND STATE GRANTS, SCHOLARSHIPS, TUITION DISCOUNTS, AND INSTITUTIONAL FINANCIAL AID. STUDENTS RECEIVING SCHOLARSHIPS AND GRANTS FROM FRANCISCAN UNIVERSITY ARE MONITORED TO ENSURE THEY MEET THE ACADEMIC REQUIREMENTS OR OTHER CRITERIA ASSOCIATED WITH THE RESPECTIVE AWARD. ALL AID IS PROCESSED THROUGH THE FINANCIAL AID OFFICE AND IS POSTED TO THE STUDENTS' RECEIVABLE ACCOUNTS. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 1 24 PROGRAM SERVICES ACADEMIC INSTRUCTION AND SUPPORT SERVICES, CHRISTIAN OUTREACH 3295636 CENTRAL AMERICA AND CARIBBEAN 0 0 PROGRAM SERVICES INSTITUTIONAL SUPPORT, CHRISTIAN OUTREACH 114126 SOUTH AMERICA 0 0 PROGRAM SERVICES CHRISTIAN OUTREACH 94461 NORTH AMERICA 0 0 PROGRAM SERVICES CHRISTIAN OUTREACH, ACADEMIC SUPPORT 1254 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES ACADEMIC SUPPORT 2679 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 SCHOLARSHIPS AND FINANCIAL AID ACADEMIC INSTRUCTION 2620868 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GENERAL SUPPORT STUDY ABROAD PROGRAM 1532177 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GENERAL SUPPORT EDUCATIONAL ADMIN 17813 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 GENERAL SUPPORT EDUCATIONAL ADMINISTRATION 73 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 14501583 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 1057400 1 24 0 0 1 24 7679014 15559056 23238070 EUROPE (INCLUDING ICELAND & GREENLAND) GENERAL SUPPORT 1532177 ELECTRONIC BANK TRANSFERS N/A N/A 1 0 STUDENT AID FOR STUDY ABROAD PROGRAM EUROPE 367 2620868 ELECTRONIC POSTING TO STUDENT ACCOUNTS VIA GL PROCESSING N/A N/A 1 0 1 1 1 0 PART I, LINE 2: THE UNIVERSITY REQUIRES PERIODIC REPORTING ON THE USE OF THE FUNDS TO ENSURE THAT THE FUNDS ARE USED FOR THEIR STATED PURPOSE. STUDENTS RECEIVING SCHOLARSHIPS AND GRANTS FROM FRANCISCAN UNIVERSITY ARE MONITORED TO ENSURE THEY MEET THE ACADEMIC REQUIREMENTS OR OTHER CRITERIA ASSOCIATED WITH THE RESPECTIVE AWARD. ALL AID IS PROCESSED THROUGH THE FINANCIAL AID OFFICE AND IS POSTED TO THE STUDENTS' RECEIVABLE ACCOUNTS. PART III ACCOUNTING METHOD: BARON CLUB 56470 52240 4230 21783 18500 11992 PRESIDENT'S GOLF OUTING 11946 5196 6750 6189 1450 988 1 9900 9900 4239 3874 78316 57436 20880 32211 19950 16854 69015 -48135 1 FEDERAL FINANCIAL AID 48 134831 N/A N/A STATE FINANCIAL AID 132 279544 N/A N/A INSTITUTIONAL AID 2078 21266825 N/A N/A RESTRICTED SCHOLARSHIPS 1076 2085916 N/A N/A PART I, LINE 2: THESE FUNDS REPRESENT FINANCIAL AID ISSUED TO STUDENTS IN THE FORM OF FEDERAL AND STATE GRANTS, SCHOLARSHIPS, TUITION DISCOUNTS, AND INSTITUTIONAL FINANCIAL AID. STUDENTS RECEIVING SCHOLARSHIPS AND GRANTS FROM FRANCISCAN UNIVERSITY ARE MONITORED TO ENSURE THEY MEET THE ACADEMIC REQUIREMENTS OR OTHER CRITERIA ASSOCIATED WITH THE RESPECTIVE AWARD. ALL AID IS PROCESSED THROUGH THE FINANCIAL AID OFFICE AND IS POSTED TO THE STUDENTS' RECEIVABLE ACCOUNTS. X 1 1 X X 1 0 0 0 0 0 0 0 0 WILLIAM GORMAN CHIEF OPERATING OFFICER (EXITED 9/19) 135793 0 0 0 162500 0 102 0 23189 0 321584 0 0 0 JOEL S RECZNIK VP OF ENROLLMENT MGMT 129710 0 0 0 0 0 13611 0 93739 0 237060 0 0 0 DR SCOTT HAHN PROFESSOR CHAIR OF BIBLICAL THEOLOGY 145150 0 0 0 0 0 13505 0 52559 0 211214 0 0 0 DAVID ALAN SCHMIESING VP OF STUDENT LIFE 114970 0 0 0 0 0 12380 0 72324 0 199674 0 0 0 DR DANIEL KUEBLER DEAN OF NATURAL AND APPLIED SCIENCE 161068 0 0 0 0 0 8460 0 23171 0 192699 0 0 0 HEATHER ULREY VP OF STRATEGIC ALLIANCES (EXITED 1/20) 180278 0 0 0 0 0 1482 0 8803 0 190563 0 0 0 RICHARD ROLLINO VP OF FINANCE 126016 0 0 0 0 0 13487 0 50984 0 190487 0 0 0 DR DANIEL R KEMPTON VP OF ACADEMIC AFFAIRS 148390 0 0 0 0 0 15115 0 23189 0 186694 0 0 0 TOM PAPPALARDO VP FOR ADVANCEMENT 156554 0 0 0 0 0 0 0 22886 0 179440 0 0 0 DR PAUL SYMINGTON PROFESSOR, DEAN OF PHILOSOPHY 142882 0 0 0 0 0 735 0 24398 0 168015 0 0 0 DR MICHAEL HEALY PROFESSOR OF PHILOSOPHY 132332 0 0 0 0 0 11106 0 23189 0 166627 0 0 0 BRENAN PATRICK PERGI VP OF HR 126510 0 0 0 0 0 13311 0 23189 0 163010 0 0 0 DR ANNE HENDERSHOTT PROFESSOR OF SOCIOLOGY 129227 0 0 0 0 0 9823 0 23189 0 162239 0 0 0 PART I, LINE 1B THE UNIVERSITY OWNS THE FRIARY BUILDING ON ITS CAMPUS. FATHER DAVID PIVONKA RESIDES IN THE FRIARY. ALL OPERATING EXPENSES ARE THE FINANCIAL RESPONSIBILITY OF THE THIRD ORDER REGULAR OF ST. FRANCIS OF PENANCE (TOR) OF THE PROVINCE OF THE MOST SACRED HEART OF JESUS, FRANCISCAN UNIVERSITY'S MEMBER. PART I, LINE 3 THE UNIVERSITY MAINTAINS A MARKET BASED COMPENSATION SYSTEM WITH ASSIGNED PAY RANGES FOR EACH POSITION REFLECTING THE MARKET WAGE AMONG A GROUP OF IDENTIFIED PEERS AND RELATIVE LEVEL OF RESPONSIBILITY WITHIN THE ORGANIZATION. OFFICERS' COMPENSATION IS DETERMINED WITHIN THE BUDGETING PROCESS AND SALARY INCREASES ARE RECOMMENDED BY THE VICE PRESIDENT OF FINANCE AND THE VICE PRESIDENT OF HUMAN RESOURCES IN CONSULTATION WITH THE PRESIDENT AND APPROVED BY AN INDEPENDENT COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. PART I, LINE 4A WILLIAM GORMAN RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $162,500 FOR CALENDAR YEAR 2019. A OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756DLX2 2016-12-15 23994583 REFUND 2006 BOND 0 0 0 A 23994583 1775967 9520000 11295967 2016 1 0 1 1 A 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 ENROLLED STUDENTS FAMILY OF BOARD 42305 SCHOLARSHIPS FINANCIAL AID M RECZNIK OFFICER'S FAMILY MEMBER 157137 COMPENSATION 0 C RECZNIK OFFICER'S FAMILY MEMBER 89700 COMPENSATION 0 V OLIVER OFFICER'S FAMILY MEMBER 120803 COMPENSATION 0 K HARRIS OFFICER'S FAMILY MEMBER 150174 COMPENSATION 0 J RIFFLE OFFICER'S FAMILY MEMBER 51884 COMPENSATION 0 X 1 1 X 19 8748842 FMV 0 0 1 0 PART I, COLUMN (B): PART I, COLUMN (B) REPORTS THE NUMBER OF CONTRIBUTORS. PURPOSE THE PURPOSE OF THE UNIVERSITY IS TO FURTHER THE HIGHER EDUCATION OF MEN AND WOMEN THROUGH PROGRAMS OF LIBERAL, PROFESSIONAL, AND PRE-PROFESSIONAL STUDIES LEADING TO THE CONFERRAL OF THE BACCALAUREATE AND MASTER DEGREES IN THE ARTS AND SCIENCES. SAID DEGREES SHALL BE CONFERRED IN ACCORDANCE WITH THE PROVISIONS OF THE ARTICLES OF INCORPORATION OF THE UNIVERSITY AND THE LAWS OF THE STATE OF OHIO. IT SHALL BE THE FURTHER PURPOSE OF THE UNIVERSITY, PUBLICLY IDENTIFIED AS A CATHOLIC AND A FRANCISCAN INSTITUTION, TO PROMOTE THE MORAL, SPIRITUAL, AND RELIGIOUS VALUES OF ITS STUDENTS. THE UNIVERSITY WILL BE GUIDED BY THE EXAMPLE AND TEACHING OF ST. FRANCIS OF ASSISI. FORM 990, PART VI, SECTION A, LINE 1 THE UNIVERSITY`S BOARD HAS A GOVERNANCE COMMITTEE WHOSE DUTIES AND RESPONSIBILITIES ARE OUTLINED IN THE BYLAWS. THE GOVERNANCE COMMITTEE SHALL HAVE AND EXERCISE, BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, AS PROVIDED IN THE BYLAWS, ANY AND ALL THE POWERS OF THE BOARD OF TRUSTEES IN THE MANAGEMENT AND TRANSACTION OF BUSINESS OF THE UNIVERSITY AND SHALL HAVE THE POWER TO AUTHORIZE THE SEAL OF THE UNIVERSITY TO BE AFFIXED TO ALL INSTRUMENTS WHICH MAY REQUIRE IT. THE GOVERNANCE COMMITTEE SHALL MEET UPON CALL BY THE CHAIRMAN OF THE BOARD, OR THE PRESIDENT OF THE UNIVERSITY. A MAJORITY OF THE GOVERNANCE COMMITTEE, AT LEAST ONE (1) OF WHOM SHALL BE A LAY MEMBER, SHALL CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS. THE GOVERNANCE COMMITTEE SHALL REPORT ITS ACTIVITIES, INCLUDING ACTIONS TAKEN ON BEHALF OF THE FULL BOARD, TO THE BOARD AT ITS NEXT MEETING. THE GOVERNANCE COMMITTEE MAY DECIDE IT APPROPRIATE TO MAIL A COPY OF THE MINUTES OF ITS MEETING TO EACH MEMBER OF THE BOARD IN ADVANCE OF THE NEXT MEETING OF THE BOARD AND IN LIEU OF MAKING A REPORT AT THAT MEETING. FORM 990, PART VI, SECTION A, LINE 2 RICHARD ROLLINO, FR. DAVE PIVONKA, T.O.R., AND MR. RICHARD RIEDERER ARE MEMBERS OF THE MARIA THRON FOUNDATION SUPERVISORY BOARD. FORM 990, PART VI, SECTION A, LINE 6 FRANCISCAN UNIVERSITY OF STEUBENVILLE IS A 501(C)(3) NONPROFIT CORPORATION WITH MEMBERS. THE MEMBERS OF THE CORPORATION ARE THE MINISTER PROVINCIAL AND THE PROVINCIAL CURIA OF THE MOST SACRED HEART OF JESUS, THIRD ORDER REGULAR (T.O.R.). THE PRESIDENT OF THE FRANCISCAN UNIVERSITY OF STEUBENVILLE SERVES AS A MEMBER EX OFFICIO. THESE INDIVIDUALS SERVE AS MEMBERS OF THE CORPORATION DURING THEIR RESPECTIVE TERMS AS MINISTER PROVINCIAL, THE PROVINCIAL CURIA, AND PRESIDENT OF THE UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 7A THE MINISTER PROVINCIAL OF THE PROVINCE OF THE MOST SACRED HEART OF JESUS OF THE THIRD ORDER REGULAR AND THE PRESIDENT OF THE UNIVERSITY SHALL BE EX OFFICIO MEMBERS OF THE BOARD OF TRUSTEES. THESE INDIVIDUALS ARE ELECTED BY THE PROVINCE OF THE MOST SACRED HEART OF JESUS. SEVEN OF THE BOARD MEMBERS MUST BE MEMBERS OF THE ORDER. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING POWERS ARE RESERVED EXCLUSIVELY TO THE MEMBERS OF THE CORPORATION: A. TO DETERMINE THE PHILOSOPHY AND OBJECTIVES OF THE CORPORATION. B. TO ADOPT AMENDMENTS TO THE ARTICLES OF INCORPORATION, AND TO ALTER, AMEND, OR REPEAL BYLAWS. C. TO PURCHASE, SELL, LEASE, TRANSFER OR ENCUMBER, CONSTRUCT, OR UNDERTAKE THE DESTRUCTION OF LAND AND/OR BUILDINGS OWNED BY THE UNIVERSITY, OR IN WHICH THE UNIVERSITY HAS OR WILL HAVE LEGAL OR EQUITABLE TITLE. D. TO MERGE, CONSOLIDATE, OR AFFILIATE THE UNIVERSITY WITH ANY OTHER CORPORATION. E. TO DISSOLVE OR TERMINATE THE EXISTENCE OF THE UNIVERSITY AND TO DETERMINE THE DISTRIBUTION OF CORPORATE ASSETS UPON SUCH DISSOLUTION OR TERMINATION, PROVIDED THAT SUCH DISTRIBUTION BE EXCLUSIVELY MADE FOR SUCH PURPOSES AS ARE EXEMPT FROM TAXATION UNDER FEDERAL LAW. FORM 990, PART VI, SECTION B, LINE 11B THE ENTIRE BOARD OF TRUSTEES RECEIVED FOR REVIEW A COMPLETE FORM 990 WITH REDACTIONS LIMITED TO DONOR NAME AND REFERENCE INFORMATION. THE COMPLETE 990 IS REVIEWED BY THE PRESIDENT AND VP OF FINANCE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS COMPLETE A CONFLICT OF INTEREST FORM ON AN ANNUAL BASIS TO IDENTIFY POTENTIAL OR ACTUAL CONFLICTS. MEMBERS OF THE UNIVERSITY'S FINANCE MANAGEMENT TEAM REVIEW ALL COMPLETED ANNUAL DISCLOSURES. PERCEIVED OR ACTUAL CONFLICTS ARE ADVANCED TO THE BOARD FOR RESOLUTION. THE AUDIT COMMITTEE HAS RESPONSIBILITY TO MONITOR CONFLICTS OF INTEREST BETWEEN THE UNIVERSITY'S BUSINESS ACTIVITY AND MEMBERS OF MANAGEMENT, FACULTY, AND TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 A. THE PRESIDENT OF THE UNIVERSITY, A CATHOLIC PRIEST OF FRANCISCAN FRIARS TOR, HAS TAKEN A VOW OF POVERTY AND IS NOT COMPENSATED FOR HIS SERVICE TO THE UNIVERSITY. THIS ARRANGEMENT IS DISCLOSED AND REVIEWED BY THE PROVINCIAL OF THE FRANCISCAN ORDER AND THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. DUE TO THE FACT THAT NO COMPENSATION IS PAID TO THE PRESIDENT, POLICIES AND PROCESSES REGARDING AWARDING PRESIDENTIAL COMPENSATION ARE NOT RELEVANT, DISCLOSURES IN PART VII AND SCHEDULE J REFLECT THIS FACT. THE UNIVERSITY DOES MAKE A PAYMENT TO THE FRANCISCAN FRIARS TOR FOR THE SERVICES PERFORMED BY ALL FRIARS. B. THE UNIVERSITY MAINTAINS A MARKET BASED COMPENSATION SYSTEM WITH ASSIGNED PAY RANGES FOR EACH POSITION REFLECTING THE MARKET WAGE AMONG A GROUP OF IDENTIFIED PEERS AND RELATIVE LEVEL OF RESPONSIBILITY WITHIN THE ORGANIZATION. OFFICERS' COMPENSATION IS DETERMINED WITHIN THE BUDGETING PROCESS AND SALARY INCREASES ARE RECOMMENDED BY THE VICE PRESIDENT OF FINANCE AND THE VICE PRESIDENT OF HUMAN RESOURCES IN CONSULTATION WITH THE PRESIDENT AND APPROVED BY AN INDEPENDENT COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 FRANCISCAN UNIVERSITY OF STEUBENVILLE MAKES ITS GOVERNANCE DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENT AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST SUBMITTED TO VP OF FINANCE. FORM 990, PART XI, QUESTION 2C, OVERSIGHT OF FINANCIAL STATEMENT AUDIT: AUDIT COMMITTEE RECOMMENDS THE ENGAGEMENT OF THE INDEPENDENT AUDIT FIRM FOR APPROVAL BY THE FULL BOARD; REVIEWS THE FINANCIAL STATEMENTS AND AUDIT RESULTS, INCLUDING MANAGEMENT LETTER AND ISSUES RAISED IN ACCORDANCE WITH THE SAS NO.114; RECOMMENDS THE APPROVAL OF THE ANNUAL AUDIT TO THE FULL BOARD; AND FOLLOWS UP ON DEFICIENCIES RAISED DURING THE AUDIT AND OVERSEES CORRECTIVE ACTIONS. THE AUDIT COMMITTEE MAY ALSO REVIEW COMPLIANCE WITH ALL FINANICAL REPORTING AND REGULATORY REQUIREMENTS; MONITOR THE ADEQUACY AND INTEGRITY OF ACCOUNTING, INTERNAL CONTROLS, AND RISK MANAGEMENT, INCLUDING FRAUD RISK ASSESSMENT. FORM 990, PART VII, EMERITUS TRUSTEES: THE FOLLOWING INDIVIDUAL SERVES AS AN EMERITUS TRUSTEE OF THE FRANCISCAN UNIVERSITY OF STEUBENVILLE WITH NO VOTING RIGHTS: DR. JOHN H. 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