2021-05-13T12:01:39-05:00 2020-06-30 366055558 GRANT THORNTON LLP 2001 MARKET STREET STE 700 PHILADELPHIA PA 19103 990 2019-07-01 340714629 BALDWIN WALLACE UNIVERSITY BALD 4408268102 275 EASTLAND ROAD BEREA OH 440172088 WILLIAM M RENIFF VP FOR FINANCE & ADMIN 4408268102 2021-05-11 1 ALYCIA SOLECKI P01272637 2155614200 2019 2022-09-23 18:48:47Z ROBERT C HELMER 275 EASTLAND ROAD BEREA OH 440172088 253076685 0 X WWW.BW.EDU X 1842 OH PROVIDE EDUCATION AT THE BACHELOR DEGREE AND MASTERS DEGREE LEVELS. 47 47 3094 100 111954 50599 12860414 23360018 115748665 109619827 7420793 13558190 6430224 5359509 142460096 151897544 47071332 48052713 0 0 66878310 65355755 145105 140393 2128773 31780931 35722862 145875678 149271723 -3415582 2625821 364193127 362531301 42741070 48161674 321452057 314369627 X SCHEDULE OBALDWIN WALLACE UNIVERSITY IS AN ACADEMIC COMMUNITY COMMITTED TO THE LIBERAL ARTS AND SCIENCES AS THE FOUNDATION FOR LIFELONG LEARNING. THE UNIVERSITY FULFILLS THIS MISSION THROUGH A RIGOROUS ACADEMIC PROGRAM THAT IS CHARACTERIZED BY EXCELLENCE IN TEACHING AND LEARNING.IT MAINTAINS A CHALLENGING, SUPPORTIVE ENVIRONMENT THAT ENHANCES STUDENTS' INTELLECTUAL AND SPIRITUAL GROWTH. BALDWIN WALLACE ASSISTS STUDENTS IN THEIR PREPARATION TO BECOME CONTRIBUTING, COMPASSIONATE CITIZENS OF AN INCREASINGLY GLOBAL SOCIETY AND ENCOURAGES THEIR PURSUIT OF PERSONAL AND PROFESSIONAL EXCELLENCE. 0 0 64000253 0 104301454 EDUCATION OF 2,820 FULL-TIME UNDERGRADUATE STUDENTS, 174 PART-TIME UNDERGRADUATES, AND 540 GRADUATE STUDENTS, PLUS CERTIFICATE PROGRAMS AND FACULTY SCHOLARLY RESEARCH. UNDERGRADUATE DEGREES OFFERED ARE THE BACHELOR OF ARTS, BACHELOR OF FINE ARTS, BACHELOR OF SCIENCE, BACHELOR OF SCIENCE IN EDUCATION, BACHELOR OF MUSIC, BACHELOR OF MUSIC EDUCATION, AND ACCELERATED BACHELOR OF SCIENCE IN NURSING. THE GRADUATE PROGRAMS LEAD TO THE DEGREES OF MASTER OF ACCOUNTANCY, MASTER OF ARTS IN EDUCATION, MASTER OF ARTS IN MANAGEMENT, MASTER OF BUSINESS ADMINISTRATION, MASTER OF MEDICAL SCIENCE (PHYSICIAN ASSISTANT), MASTER OF PUBLIC HEALTH, AND MASTER OF SCIENCE (SPEECH LANGUAGE PATHOLOGY, FINANCE). 48052713 48052713 0 SCHOLARSHIPS AND NEED-BASED FINANCIAL AID GRANTS TO STUDENTS ACTIVELY ENROLLED IN THE UNIVERSITY. 17736369 0 5675003 AUXILIARY SERVICES AND ACTIVITIES FOR STUDENTS, INCLUDING RESIDENCE HALLS HOUSING 1,471 FULL-TIME STUDENTS, DINING HALLS, BOOKSTORE, ATHLETICS, STUDENT UNION, RECREATION CENTER, AND HEALTH CENTER. REVENUE EXCLUDES DINING HALL AND BOOKSTORE NET FROM SALES OF INVENTORY, $4,885,702. 129789335 1 1 0 0 0 1 0 1 0 1 1 0 0 0 1 1 0 1 1 0 1 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 338 0 1 3094 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 47 47 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 CO MD MA MI NH OH SC X X SHARON VITAZ 4408268102 275 EASTLAND ROAD BEREA OH 44017 ROBERT C HELMER PRESIDENT 50.00 X 389733 0 46130 STEPHEN D STAHL PROVOST 50.00 X 192743 0 32743 PATRICK J DUNLAVY VP FOR PHIANTHROPY & ALUMNI 50.00 X 219282 0 17341 JARED PENNINGTON DIRECTOR PHYSICIAN ASST PROG 45.00 X 156901 0 34022 SCOTT SCHULZ VP FOR ENROLLMENT MNGMT 50.00 X 182054 0 31020 WILLIAM M RENIFF VP FOR FINANCE & ADMIN 50.00 X 187156 0 23796 RICHARD L FLETCHER SENIOR VICE PRESIDENT 50.00 X 191329 0 15436 COLLEEN VISCONTI PROFESSOR, COMM SCIENCE 45.00 X 172877 0 22984 TRINA DOBBERSTEIN VP FOR STUDENT AFFAIRS 50.00 X 157502 0 29479 MARK GERSTEN MEDICAL DIRECTOR, PA PROG 45.00 X 133971 0 33756 FRANK BRAUN DEAN, SCHOOL OF BUSINESS 45.00 X 145621 0 19044 SUSAN VAN VORST DEAN, CONSERVATORY OF MUSIC 45.00 X 136544 0 18388 AGNES P DOVER CHAIR 5.00 X X 0 0 0 LEE THOMAS VICE CHAIR 5.00 X X 0 0 0 CHRISTOPHER M ZITO SECRETARY 5.00 X X 0 0 0 DANIEL C HAGEN ASSISTANT SECRETARY 5.00 X X 0 0 0 DONNA ZAPIS THOMAS TREASURER 5.00 X X 0 0 0 GABE ADAMS TRUSTEE 2.00 X 0 0 0 STAN BALL TRUSTEE 2.00 X 0 0 0 DUANE BISHOP TRUSTEE 2.00 X 0 0 0 SUSAN BIXLER TRUSTEE 2.00 X 0 0 0 STEPHEN W BOSSEL TRUSTEE 2.00 X 0 0 0 DONALD W BOGUS TRUSTEE 2.00 X 0 0 0 GEORGE BOYER TRUSTEE 2.00 X 0 0 0 PAUL H CARLETON TRUSTEE 2.00 X 0 0 0 WILLARD E CARMEL TRUSTEE 2.00 X 0 0 0 PAUL CLARK TRUSTEE 2.00 X 0 0 0 PAMELA DUNN CONNOLLY TRUSTEE 2.00 X 0 0 0 ROBIN C COTTINGHAM TRUSTEE 2.00 X 0 0 0 TIM COWEN TRUSTEE 2.00 X 0 0 0 RYAN R CROSS TRUSTEE 2.00 X 0 0 0 JAMES MILLER DAVIDSON TRUSTEE 2.00 X 0 0 0 RICHARD DESICH TRUSTEE 2.00 X 0 0 0 LUTUL D FARROW TRUSTEE 2.00 X 0 0 0 GINA D FRANCE TRUSTEE 2.00 X 0 0 0 BANNETT GAINES TRUSTEE 2.00 X 0 0 0 JOHN HOYT TRUSTEE 2.00 X 0 0 0 DAVID JENKINS TRUSTEE 2.00 X 0 0 0 JOHN KROPT TRUSTEE 2.00 X 0 0 0 DEBRA LYONS TRUSTEE 2.00 X 0 0 0 CHRISTOPHER LYTLE TRUSTEE 2.00 X 0 0 0 NORA T MAHONEY TRUSTEE 2.00 X 0 0 0 DAVID F MARTIN TRUSTEE 2.00 X 0 0 0 WADE I MASSAD TRUSTEE 2.00 X 0 0 0 RANDELL MACSHEPARD TRUSTEE 2.00 X 0 0 0 EDWARD NAPOLEON JR TRUSTEE 2.00 X 0 0 0 PETER V NEFFENGER TRUSTEE 2.00 X 0 0 0 STEVEN M NOBIL TRUSTEE 2.00 X 0 0 0 PAUL PENDLETON TRUSTEE 2.00 X 0 0 0 VINCENT K PETRELLA TRUSTEE 2.00 X 0 0 0 CHARLES E ROTUNO TRUSTEE 2.00 X 0 0 0 MALISSE SINITO TRUSTEE 2.00 X 0 0 0 MARK H SUMMERS TRUSTEE 2.00 X 0 0 0 WILLIAM B SUMMERS TRUSTEE 2.00 X 0 0 0 ELIZABETH MAYER SWAILES TRUSTEE 2.00 X 0 0 0 FLOYD A TROUTEN TRUSTEE 2.00 X 0 0 0 MICHAEL A VANDINI TRUSTEE 2.00 X 0 0 0 THOMAS WALTERMIRE TRUSTEE 2.00 X 0 0 0 SUSAN ZANETTI TRUSTEE 2.00 X 0 0 0 2265713 0 324139 56 0 1 0 NORTH SHORE MECHANICAL 55 LOU GROZA BLVD BEREA OH 44017 CONSTRUCTION 1392822 ALBERT M HIGLEY CO 3636 EUCLID AVE CLEVELAND OH 44115 CONSTRUCTION 1388815 ELLUCIAN 2003 EDMUND HALLEY DRIVE RESTON VA 20191 IT CONSULTANT 438684 PAULLIM SEALCOATING 1306 WELLS ROUD STE A ASHLAND OH 44805 CONSTRUCTION 162633 KPMG 3 CHESTNUT RIDGE ROAD MONTVALE NJ 07645 AUDIT 158000 16 3866428 19493590 622443 23360018 TUITION AND FEES 616000 103490688 103490688 STUDENT RESIDENCE HALL 611710 5675003 5675003 SPONSORED PROGRAMS AND 616000 330421 330421 CONCERT AND THEATRE TI 711110 107912 107912 ATHLETIC TICKETS 711210 15803 15803 109619827 1993731 40889 1952842 95065 18033 77032 77032 77032 108509147 96944688 11564459 11564459 11564459 9025710 4216420 4809290 4809290 OTHER 900099 193124 193124 LAUNDRY VENDING 812300 129465 129465 CATERING AND ADVERTISI 900099 116557 71065 45492 34041 34041 473187 151897544 109619827 111954 18805745 48052713 48052713 1865463 222440 1389262 253761 47548707 39630590 6985747 932370 2533443 1966492 490433 76518 9860751 7902592 1697479 260680 3547391 2753532 686717 107142 233569 233569 155000 155000 140393 140393 204588 204588 280538 176235 104303 545535 48966 496569 2798258 1753498 985482 59278 2861989 1812445 955674 93870 14041 14041 7156793 7156793 1370335 968239 340959 61137 330739 318255 10539 1945 961178 961178 10039830 9583224 437138 19468 605561 239865 365696 OTHER 4016769 2945904 995544 75321 RETIREMENT INCENTIVES 3304169 3304169 OFF-CAMPUS STUDY TUITN 835970 835970 UBI TAX 8000 8000 10564334 -10611224 46890 149271723 129789335 17353615 2128773 6221734 1682103 12159347 9916556 5402503 10743586 4799739 4069739 1826443 1540965 5187843 870479 293440248 138038864 134796497 155401384 153938605 152552594 6258095 6841749 17878774 3008669 15723547 15903477 364193127 362531301 7766367 6392148 2493038 7970164 11135000 10080000 13313267 12759187 8033398 10960175 42741070 48161674 X 118272318 100184805 203179739 214184822 321452057 314369627 364193127 362531301 X 2625821 -7185784 -2522467 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 8538 135375 300303 1 1 X X X ART INSTRUCTION 0 154306179 1876687 5416544 2794730 6344721 152459959 152280124 1541945 9696989 2639574 6573305 154306179 144510331 5504026 10330421 2499050 5565604 152280124 131539277 3147903 16870041 2300350 4746540 144510331 142272566 1537194 -4184913 2125240 5960330 131539277 0.05610 0.94390 1 0 18014038 18014038 2985545 242727563 123804519 121908589 0 29713102 14234345 15478757 0 155401384 ANNUITY OBLIGATIONS 4128193 US GOV. ADVANCES FOR PERKINS LOANS 1814088 ASSET IMPAIRMENT ESTIMATES 946954 FUNDS HELD FOR STUDENT GROUPS 766771 EMPLOYEE SEPARATION INCENTIVES 3304169 10960175 X PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE THE UNIVERSITY USES A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN. TAX PROVISIONS ARE EVALUATED FOR RECOGNITION, DERECOGNITION, AND MEASUREMENT USING CONSISTENT CRITERIA ABOUT THE UNCERTAINTY IN INCOME TAX ASSETS AND LIABILITIES. BASED ON UNIVERSITY'S EVALUATION, NO PROVISION FOR UNCERTAIN TAX POSITIONS IS REQUIRED AS OF JUNE 30, 2020 AND 2019. SCHEDULE D, PART III, LINE 1A FINANCIAL STATEMENT FOOTNOTE CONTRIBUTIONS...EXCEPT THAT CONTRIBUTIONS OF WORKS OF ART, HISTORICAL TREASURES, AND SIMILAR ASSETS HELD AS PART OF COLLECTIONS ARE NOT RECOGNIZED OR CAPITALIZED'. THE UNIVERSITY RECEIVED NO SUCH GIFTS DURING THE TAX YEAR. SCHEDULE D, PART III, LINE 4 DESCRIPTION OF ORGANIZATION'S COLLECTIONS THE UNIVERSITY'S ART COLLECTION CONSISTS OF PAINTINGS, DRAWINGS, SCULPTURES, LITHOGRAPHS, ENGRAVINGS, AND WOODCUTS. THE UNIVERSITY HAS AN ART DEPARTMENT THAT USES THESE MATERIALS IN INSTRUCTION AND SCHOLARLY RESEARCH. SCHEDULE D, PART V, LINE 4 INTENDED USES OF ENDOWMENT FUNDS THE CONSISTENT USES OF THE UNIVERSITY'S ENDOWMENT ARE TO PROVIDE FUNDS FOR FACULTY SALARIES, THE PURCHASE OF LIBRARY BOOKS AND OTHER MEDIA, FINANCIAL AID GRANTS TO ENROLLED STUDENTS, AND GENERAL SUPPORT. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 PUBLICATION OF RACIALLY NONDISCRIMINATORY POLICY BALDWIN WALLACE UNIVERSITY DRAWS STUDENTS NATIONWIDE AND WORLDWIDE, BUT A SIGNIFICANT NUMBER COME FROM NORTHEAST OHIO. THEREFORE THE UNIVERSITY ADVERTISES IN THIS AREA AND INCLUDES THE REV. PROC. 75-50 OR SIMILAR WORDING IN ALL ADVERTISEMENTS. FURTHERMORE, THE UNIVERSITY PLACES THE 4.03 NOTICE ANNUALLY IN THE PLAIN DEALER. SCHEDULE E, PART I, LINE 6A GOVERNMENT ASSISTANCE BALDWIN WALLACE UNIVERSITY RECEIVES FEDERAL AND STATE GOVERNMENT GRANTS FOR SPECIFIC PURPOSES AND PROJECTS. THESE INCLUDE SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, COLLEGE WORK STUDY, OTHER STUDENT FINANCIAL AID FUNDS, UPWARD BOUND, RESEARCH, AND OTHER SPECIFIC INSTRUCTION PROGRAMS. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENT 6957296 0 0 0 0 0 0 6957296 0 6957296 0 0 0 1 0 0 PART III ACCOUNTING METHOD: X X X X X X 1 CAMPBELL & CO 1 EAST WACKER DR CHICAGO IL 60601 CONSULTING 0 0 140393 0 140393 AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY 1 MERIT SCHOLARSHIPS AND NEED-BASED FINANCIAL AID 2920 48052713 SCHEDULE I, PART I, LINE 2 PROCEDURE FOR MONITORING USE OF GRANT FUNDS INSIDE U.S. BALDWIN WALLACE UNIVERSITY AWARDS SCHOLARSHIPS AND MAKES NEED BASED FINANCIAL AID GRANTS ONLY TO ITS OWN ENROLLED STUDENTS. THE AWARDS CONSTITUTE PART OF THE COST OF ATTENDING. ADDITIONAL NEED-BASED AID USUALLY CONSISTS OF FEDERAL DIRECT STUDENT LOANS AND COLLEGE WORK STUDY FOR JOBS ON CAMPUS. THE STUDENT FINANCIAL AID OFFICE MAKES NEED-BASED GRANTS ON THE BASIS OF DEMONSTRATED FINANCIAL NEED USING NATIONALLY ACCEPTED FORMS AND METHODS. THE SAME OFFICE AWARDS MERIT SCHOLARSHIPS USING BALDWIN WALLACE CRITERIA. THE UNIVERSITY DISBURSES THE GRANTS AS CREDITS TO STUDENT RECEIVABLE ACCOUNTS, OFFSETTING AMOUNTS BILLED FOR TUITION AND OTHER FEES. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 ROBERT C HELMER PRESIDENT 382533 0 0 0 7200 0 22413 0 23717 0 435863 0 0 0 STEPHEN D STAHL PROVOST 192743 0 0 0 0 0 16337 0 16406 0 225486 0 0 0 PATRICK J DUNLAVY VP FOR PHIANTHROPY & ALUMNI 213282 0 0 0 6000 0 17341 0 0 0 236623 0 0 0 JARED PENNINGTON DIRECTOR PHYSICIAN ASST PROG 156901 0 0 0 0 0 10305 0 23717 0 190923 0 0 0 SCOTT SCHULZ VP FOR ENROLLMENT MNGMT 182054 0 0 0 0 0 15208 0 15812 0 213074 0 0 0 WILLIAM M RENIFF VP FOR FINANCE & ADMIN 187156 0 0 0 0 0 15253 0 8543 0 210952 0 0 0 RICHARD L FLETCHER SENIOR VICE PRESIDENT 191329 0 0 0 0 0 15018 0 418 0 206765 0 0 0 COLLEEN VISCONTI PROFESSOR, COMM SCIENCE 172877 0 0 0 0 0 9880 0 13104 0 195861 0 0 0 TRINA DOBBERSTEIN VP FOR STUDENT AFFAIRS 157502 0 0 0 0 0 13073 0 16406 0 186981 0 0 0 MARK GERSTEN MEDICAL DIRECTOR, PA PROG 133971 0 0 0 0 0 10039 0 23717 0 167727 0 0 0 FRANK BRAUN DEAN, SCHOOL OF BUSINESS 145621 0 0 0 0 0 10500 0 8544 0 164665 0 0 0 SUSAN VAN VORST DEAN, CONSERVATORY OF MUSIC 136544 0 0 0 0 0 9844 0 8544 0 154932 0 0 0 SCHEDULE J, PART I, LINE 1A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE THE PRESIDENT AND HIS WIFE LIVE IN A UNIVERSITY HOUSE LOCATED ON CAMPUS. THEY USE THE HOUSE FOR UNIVERSITY MEETINGS, RECEPTIONS, AND OTHER RELATED FUNCTIONS. UNIVERSITY CUSTODIANS CLEAN THE FIRST FLOOR COMMON ROOMS BUT NOT THE FAMILY PRIVATE ROOMS. THE UNIVERSITY REQUIRES THE VICE PRESIDENT FOR STUDENT AFFAIRS, THREE ACTIVITY DIRECTORS, AND THE DIRECTOR OF BUILDINGS AND GROUNDS TO LIVE IN UNIVERSITY-OWNED HOUSING ON OR NEAR THE CAMPUS AS A CONDITION OF EMPLOYMENT. HEALTH OR SOCIAL CLUB DUES THE PRESIDENT HAS A MEMBERSHIP TO THE UNION CLUB OF CLEVELAND THAT IS USED PRINCIPALLY FOR BUSINESS PURPOSES. THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION REVIEWS ALL UNION CLUB INVOICES FOR BUSINESS PURPOSE. A BALDWIN WALLACE UNIVERSITY 340714629 67756A7A4 2012-11-29 RENOVATION AND REFUNDING 1 0 1 A 16853660 11164863 152328 5536469 2013 0 1 1 1 A 0 0 0 0 0 0 0 A 0 0 1 0 0 0 0 0 A 0 X 89 622443 FMV 0 1 1 PART I, LINE 32B: USE OF THIRD PARTY TO SELL NONCASH CONTRIBUTIONS THE UNIVERSITY HAS USED ART AUCTIONEERS FOR SALES, BUT NOT THIS TAX YEAR. THE UNIVERSITY USED RAYMOND JAMES & ASSOCIATES, INC. TO SELL DONATED SECURITIES. SCHEDULE M, PART I, COLUMN (B) NUMBER OF CONTRIBUTIONS THE ORGANZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN COLUMN (B). FORM 990, PART VI, SECTION A, LINE 1 DELEGATION OF AUTHORITY THE EXECUTIVE COMMITTEE ACTS FOR THE BOARD WHEN THE BOARD IS NOT IN SESSION IN ALL MATTERS EXCEPT ELECTION OF BOARD OFFICERS AND APPOINTMENT OF THE PRESIDENT OF THE UNIVERSITY. IT CONSISTS OF THE OFFICERS OF THE BOARD, COMMITTEE CHAIRS, THE PRESIDENT OF THE UNIVERSITY, AND MAY INCLUDE AT LARGE MEMBERS. FORM 990, PART VI, SECTION A, LINE 2 FAMILY RELATIONSHIPS TRUSTEES MARK H. SUMMERS AND WILLIAM B. SUMMERS, JR. ARE BROTHERS FORM 990, PART VI, SECTION B, LINE 11B REVIEW PROCESS THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION PERFORMS AN INITIAL, DETAILED REVIEW OF THE FORM 990 DRAFT. HE THEN SENDS A COPY TO EACH BOARD MEMBER FOR REVIEW AND COMMENT. THIS IS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT ALL MEMBERS OF THE BOARD OF TRUSTEES MUST SUBMIT ANNUALLY A WRITTEN AND SIGNED STATEMENT DISCLOSING ANY SITUATION WHICH MAY BE, OR MAY BE CONSIDERED TO BE, A CONFLICT OF INTEREST AS DEFINED IN THE CONFLICT OF INTEREST POLICY. IF THEY HAVE NOTHING TO REPORT, THEY MUST CHECK A PRINTED STATEMENT TO THAT EFFECT. THE CONFLICT OF INTEREST STATEMENTS ARE SUBMITTED TO THE PRESIDENT'S OFFICE FOR REVIEW BY THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION THE COMPENSATION AND EXECUTIVE COMMITTEES OF THE BOARD OF TRUSTEES REVIEW AND APPROVE THE COMPENSATION FOR ALL OFFICERS ANNUALLY. THE COMPENSATION COMMITTEE MEETS FIRST WITH THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION, WHO PROVIDES IT WITH COMPARABILITY DATA AND ANSWERS QUESTIONS. THE COMPENSATION COMMITTEE THEN MEETS WITH THE PRESIDENT OF THE UNIVERSITY (THE UNIVERSITY'S TOP MANAGEMENT OFFICIAL), TO DISCUSS HIS PERFORMANCE, RECEIVE THE PRESIDENT'S VIEWS OF THE PERFORMANCE, AND TO REVIEW RECOMMENDATIONS OF APPROPRIATE COMPENSATION LEVELS FOR THE OFFICERS OF THE UNIVERSITY OTHER THAN HIMSELF. THE COMPENSATION COMMITTEE THEN CONTINUES IN EXECUTIVE SESSION TO SET THE COMPENSATION FOR THE PRESIDENT AND TO APPROVE (WITH ADJUSTMENT IF CONSIDERED APPROPRIATE) THE RECOMMENDATIONS OF THE PRESIDENT REGARDING THE COMPENSATION OF THE FOLLOWING OFFICERS OF THE UNIVERSITY: PROVOST, SENIOR VICE PRESIDENT, VP FOR STUDENT AFFAIRS, VP FOR FINANCE AND ADMINISTRATION, VP FOR ENROLLMENT MANAGEMENT, AND THE VP FOR PHILANTHROPY AND ALUMNI ENGAGEMENT. THE COMPENSATION COMMITTEE THEN REPORTS ITS CONCLUSIONS AND THE BASIS THEREFORE, TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, WHICH HAS FINAL APPROVAL AUTHORITY WITH RESPECT TO COMPENSATION DETERMINATION. THE COMMITTEES LAST MET ON COMPENSATION MATTERS IN 2020. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC BALDWIN WALLACE UNIVERSITY MAKES ITS FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC ON ITS OWN WEBSITE. THE UNIVERSITY PROVIDES A PAPER COPY OF ITS BYLAWS TO ANYONE WHO ASKS. FORM 990, PART XI, LINE 9: DEFERRED CAPITAL CAMPAIGN FUNDRAISING EXP INCLUDED IN PART IX, FUNCTIONAL EXPENSES -2,522,467. KBS LLC 275 EASTLAND RD BEREA OH 44017 454564521 REAL ESTATE OH KBS MANAGER RELATED 90718 0 1 0.90000 KBS MASTER TENANT LLC 275 EASTLAND RD BEREA OH 44017 463088020 REAL ESTATE OH KBS MANAGER RELATED 0 1 0.00100 KBS MANAGER LLC 275 EASTLAND RD REAL ESTATE OH 44017 463098321 REAL ESTATE OH BWU C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART III, LINES 1 AND 2, AND PART IV, LINE 1 THE PARTIES TO THIS JOINT VENTURE TERMINATED KBS, KBS MASTER TENANT, AND KBS MANAGER EFFECTIVE MARCH 9, 2020. TITLE TO THREE RENOVATED RESIDENCE HALLS REVERTED TO THE UNIVERSITY. THE UNIVERSITY RECOGNIZED NO GAIN OR LOSS AT TERMINATION.