2021-05-14T02:25:26-07:00 2020-06-30 911194016 Clark Nuber PS 10900 NE 4th Street Suite 1400 Bellevue WA 98004 990 2019-07-01 910565006 SEATTLE UNIVERSITY SEAT 2062966150 901 12th Avenue Seattle WA 981221090 Wilson Garone VP for Finance & CFO 2062966148 2021-05-14 1 Sara Elizabeth J Hyre P00235495 4254544919 2021-05-14 2019 2022-09-23 18:48:47Z Stephen V Sundborg SJ President 901 12th Avenue Seattle WA 981221090 642343308 0 X www.seattleu.edu X 1891 WA Seattle University, an institution of higher education, is dedicated to educating the whole person, to professional formation, and to empowering leaders for a just and humane world. 38 34 4220 49 0 -42692 43977591 43742192 299299087 302129898 10870062 25098348 -456940 -60526 353689800 370909912 97798854 107682115 0 0 155779457 158500703 0 0 4503360 74583488 67014022 328161799 333196840 25528001 37713072 758485233 792238831 186968423 202290992 571516810 589947839 Seattle University is dedicated to educating the whole person, to professional formation, and to empowering leaders for a just and humane world. 0 0 288822055 107682115 302129898 Founded in 1891, Seattle University is a Jesuit Catholic university located on a beautiful campus of more than 50 acres in the dynamic heart of Seattle. Our diverse and inclusive campus is comprised of more than 7,200 students enrolled in undergraduate and graduate programs within eight schools and colleges. In the 2019-20 academic year, the university awarded 1,293 bachelor's degrees or equivalents, 162 post-baccalaureate certificates, 652 master's degrees, nine post-master's certificates and 227 doctoral degrees. Awards and high rankings for academic rigor, sustainability, community service and social justice are among the university's touchstones of excellence. Seattle U ranks among the top national universities for its academics, student-centered teaching, service learning and leadership in sustainability. The university ranked in the Top 16 percent of universities nationally-and #23 in the West-in the Wall Street Journal/Times Higher Education College Ranking 2021. The Princeton Review continues to recognize the university as one of the best in the nation for undergraduate education, according to its Best 386 Colleges 2021. The latest edition of the guide marks the 18th consecutive year that Seattle U has been featured. The university moved up in U.S. News & World Report's "Best National Universities" and "Best Value" rankings in its "Best Colleges" guide. The university advanced 15 spots to #124 out of nearly 400 universities and moved up five spots to #80 in the publication's "Best Value" category. U.S. News also recognized the university in several specialty rankings: #16 in the nation for service learning, #14 undergraduate business analytics program, #21 undergraduate finance program, #31 undergraduate accounting program and #33 engineering program among non-doctoral departments. Graduate programs in business and law continue to be among the top programs nationwide, according to U.S. News & World Report's "Best Graduate Schools 2020" rankings. College Factual's 2020 college rankings place Seattle U in the Top 5 of all Washington schools and in the Top 15 percent nationally. Among Seattle U's academic programs, College Factual noted: Criminal justice and nursing are in the Top 5 percent nationally; graduates from the international business, computer science and information sciences and liberal arts programs were in the Top 5 percent nationally for highest pay. Several programs were ranked in the Top 10 percent and 15 percent in the U.S. The university is again featured in the Fiske Guide to Colleges. The selective guide highlights the "best and most interesting schools" in the U.S.: "Jesuit tradition guarantees a nurturing environment and student growth both academically and in community service." The university is recognized by the 2020-21 Colleges of Distinction for its commitment to engaged, experiential education. Colleges of Distinction universities distinguish themselves through their dedicated focus on the undergraduate experience. Seattle U has excelled at having students graduate and enter the workforce with solid, well-developed critical thinking skills, as well as the ability to adapt in an ever-changing society. Seattle U also received specialized recognition for its business, education, engineering and nursing academic programs and for its work in career development, equity and inclusion and support for veterans. The national honor society Phi Theta Kappa has recognized the university among four-year institutions for its work to attract and support community college transfer students. Seattle U was the only university in the Pacific Northwest-and one of only two on the West Coast-to be included in the 2018 "Transfer Honor Roll." SportBusiness ranks the university's Master in Sport Business Leadership program, in the Albers School of Business and Economics, in the Top 40 for the U.S. in 2017. Seattle U tied for sixth place with three other schools in the master's institutions category. This is the fifth consecutive year, and eighth time, Seattle U has ranked as a "Top Producer" of Fulbright awardees. The university has produced two Rhodes Scholars and four Udall Scholars. Named for Stewart and Morris Udall, both known for their vast public service, Udall Scholars focus on environmental and Native American issues. Eight students in as many years received the Harry S. Truman Scholarship, the most prestigious academic award for undergraduates preparing for careers in public service. The university is among the most elite schools in the country for the number of Truman Scholars it produces, a total of 16 to date. Seattle U consistently receives top national plaudits for community service. The White House bestowed its highest honor on the university in 2012 in recognition of civic engagement, service learning and volunteerism. The university was one of only five schools in the nation to receive this honor and the only university cited as a Promise Neighborhoods recipient for coordinated, wrap-around, youth-focused service that supports the educational and social needs of youth. A Seattle Times editorial called out the award and noted, "The university serves as a national example of the difference higher education can make on its neighbors." Additionally, Seattle U was named to the President's Higher Education Community Service Honor Roll, with distinction, in three of the past six years and tied for #5 in the nation in service learning in U.S. News & World Report's "Best Colleges 2020" rankings. Four out of five Seattle U students serve the community-that's more than three times the national average. A major focus of service is the Center for Community Engagement, which connects students, faculty and staff with schools and community partners to improve the academic achievement of low-income youth living in the neighborhood surrounding campus. Seattle U was ranked #2 nationally among universities for its sustainability curriculum in the Association for the Advancement of Sustainability in Higher Education (AASHE) 2019 Sustainable Campus Index and #4 nationally as an overall top performer among master's institutions. The university achieved a Gold rating for sustainability from the AASHE 2019 Sustainability Tracking, Assessment & Rating SystemTM (STARS). The university continues its run of top rankings for sustainability by once again being named a Sierra Cool School for 2020. It earned a spot in Sierra magazine's Top 20, placing #20 of 312 colleges and universities-and top 7 percent overall-that participated in the latest survey of sustainability practices. Seattle U is the only university in the Northwest to place in the top group. The Princeton Review's Guide to Green Colleges: 2019 Edition ranked Seattle U #21 in the nation-and #1 in the state and the Northwest-for most environmentally responsible colleges. In 2015, Seattle U became designated as a Fair Trade university. The campus has been maintained organically and without pesticides or herbicides since 1998. Nearly 69 percent of campus waste is recycled, reused or composted. And the onsite composting facility annually turns 178,000 pounds of pre-consumer food waste into compost, which is reused on campus to improve soil quality. In 2010, the university became the first higher education institution in the state to ban the sale and distribution of plastic bottled water. 0 0 0 288822055 1 1 0 1 0 0 0 1 1 1 1 1 0 1 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 1 1 0 0 0 1 9401 0 1 4220 1 1 1 0 0 0 0 0 0 0 X 38 34 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 WA X Wilson Garone 2062966148 901 12th Avenue Seattle WA 981221090 Stephen V Sundborg SJ Trustee (ex officio), President 37.5 0 X X 467208 0 0 Shane Martin Provost 37.5 0 X 385512 0 62239 James Hayford Coach-Hd, Bball-M 37.5 0 X 289915 0 93710 Annette Clark Dean, School of Law 37.5 0 X 325824 0 35023 Charles O'Kelley Professor, Law 37.5 0 X 318700 0 35540 Mary Petersen VP & University Counsel 37.5 0 X 265337 0 74075 Joseph Phillips Jr Dean, Albers School of Business & Economics 37.5 0 X 287390 0 40282 Christopher Van Liew CIO & VP for Information Technology 37.5 0 X 214129 0 105672 Michael Podlin VP for University Advancement 37.5 0 X 279534 0 35341 Timothy Leary Executive VP 37.5 0 X 272664 0 34949 Kristen Swanson Dean, College of Nursing 37.5 0 X 263581 0 33720 Robert Dullea VP for Planning & Vice Provost 37.5 0 X 244950 0 31869 Marilyn Crone VP, Enrollment Management 37.5 0 X 250517 0 17119 Sharon Fink Dir, Athletics 37.5 0 X 221667 0 38157 Steven Bender Professor, Law 37.5 0 X 226241 0 31949 Michelene Clements VP for Hunan Resources 37.5 0 X 219482 0 35312 Deanna Sands Dean, College of Education 37.5 0 X 219171 0 27043 David Skover Professor, Law 37.5 0 X 215596 0 28787 David Powers Dean, College of Arts & Sciences 37.5 0 X 211244 0 31643 Michael Quinn Dean, College of Science & Engineering 37.5 0 X 206001 0 34139 Andrew O'Boyle Assoc VP for Finance & Interim CFO 37.5 0 X 208164 0 28932 Alvin Sturdivant VP for Student Development 37.5 0 X 208590 0 28233 Scott McClellan VP for University Affairs 37.5 0 X 188880 0 35403 Natasha Martin Chief Diversity Office & VP for Diversity & Inclusion 37.5 0 X 187649 0 29176 Melore Nielsen Interim VP for Enrollment Management 37.5 0 X 180210 0 35389 Sarah Watstein Dean, Lemieux Library 37.5 0 X 178197 0 24103 Richard Fehrenbacher Dean, School for New & Continuing Studies 37.5 0 X 156091 0 26466 Wilson Garone VP for Finance & CFO 37.5 0 X 124420 0 19 Eric Watson SJ Trustee 37.5 0 X 82260 0 0 Constance Kanter CFO/VP-Sr 37.5 0 X X 69598 0 9241 Robert Grimm SJ Trustee 37.5 0 X 36324 0 0 Lucas Sharma SJ Trustee 37.5 0 X 27704 0 0 Arturo Araujo SJ Trustee 37.5 0 X 13818 0 0 Kathleen H Aikenhead Trustee 0.5 0 X 0 0 0 Ann Alokolaro Trustee 0.5 0 X 0 0 0 Rodney Bench Trustee 0.5 0 X 0 0 0 Maureen Benoliel Trustee 0.5 0 X 0 0 0 Jeanne Berwick Trustee 0.5 0 X 0 0 0 Robert Blais Trustee 0.5 0 X 0 0 0 Ann Blume Trustee 0.5 0 X 0 0 0 Maureen Brotherton Trustee 0.5 0 X 0 0 0 David Burcham Trustee 0.5 0 X 0 0 0 Pat Callans Trustee 0.5 0 X 0 0 0 Brenda Christensen Trustee 0.5 0 X 0 0 0 Tim Engle Trustee 0.5 0 X 0 0 0 Joe Gaffney Trustee 0.5 0 X 0 0 0 Valerie Gorder Trustee 0.5 0 X 0 0 0 Russell Hagen Trustee 0.5 0 X 0 0 0 Drew Herdener Trustee 0.5 0 X 0 0 0 Donald J Horowitz Trustee 0.5 0 X 0 0 0 Pat Kennedy Trustee 0.5 0 X 0 0 0 Steve Knight Trustee 0.5 0 X 0 0 0 Michael C McCarthy SJ Trustee 0.5 0 X 0 0 0 Killian Noe Trustee 0.5 0 X 0 0 0 Fr Kevin O'Brien SJ Trustee 0.5 0 X 0 0 0 Jason Oliver Trustee 0.5 0 X 0 0 0 William Owens Trustee 0.5 0 X 0 0 0 Nicole Piasecki Trustee, Board Chair 0.5 0 X X 0 0 0 Charles Porter Trustee 0.5 0 X 0 0 0 Scott Redman Trustee 0.5 0 X 0 0 0 Dave Sabey Trustee 0.5 0 X 0 0 0 Ezra Teshome Trustee 0.5 0 X 0 0 0 Steve Trainer Trustee 0.5 0 X 0 0 0 Ruth Tressel Trustee 0.5 0 X 0 0 0 John Vassall II Trustee 0.5 0 X 0 0 0 Jeffrey Wright Trustee 0.5 0 X 0 0 0 7046568 0 1043531 275 1 1 0 Skanska USA Building Inc 221 Yale Ave N Suite 400 Seattle WA 98109 Construction 17383119 Mithun Inc 1201 Alaskan Way Suite 200 Seattle WA 98101 Construction design 2922506 WFF Facility Services 211 South Jefferson Ave Saint Louis MO 63103 Facility service 2638557 Ellucian Company LP 62590 Collections Center Dr Chicago IL 60693 Information technology services 2473177 Arthur J Gallaher Risk Mgt Svc 777 108th Ave NE Ste 200 Bellevue WA 98004 Risk management consultation 1998975 87 0 0 177688 0 10565438 32999066 8161829 43742192 Tuition and fees 611310 283302495 283302495 0 0 Auxiliary services 611310 11349252 11349252 0 0 7478151 7478151 0 0 302129898 3456348 0 0 3456348 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 292916802 0 271274802 0 21642000 0 21642000 0 0 21642000 98068 177688 158594 -60526 0 -60526 0 0 0 0 0 370909912 302129898 0 25037822 0 0 107682115 107682115 0 0 0 0 6973830 3451077 3522753 0 206478 206478 0 0 114658758 97020392 14958496 2679870 10077811 8308043 1539517 230251 17946620 14794885 2741706 410029 8637206 7120098 1319780 197328 0 0 0 0 219400 0 219400 0 303139 13999 288783 357 15125 0 15125 0 0 0 661341 0 661341 0 3920109 2607977 918573 393559 2008605 1750902 130683 127020 2681515 1646118 854475 180922 5428408 3837798 1538666 51944 0 0 0 0 6829828 5953353 874824 1651 3245601 3074884 150406 20311 0 0 0 0 2264508 1829603 348943 85962 4196749 3129528 1067221 0 0 0 0 0 17311883 12569647 4742236 0 2116029 306504 1809525 0 Other expenses-supplies 3581686 3174681 368363 38642 Other expenses-retail services 7577883 6396927 1133049 47907 4652213 3947046 667560 37607 333196840 288822055 39871425 4503360 44077440 35442101 72863310 120709894 19842272 9390316 11879260 23132100 0 0 0 0 5945774 4886756 37451 37451 2243940 1886777 540720536 228635411 313176020 312085125 73381872 63616726 165255303 123695792 0 0 0 0 49782591 97355793 758485233 792238831 22998577 33715559 0 0 9149907 22110501 118102508 113769782 2309869 1012515 0 0 0 0 0 0 34407562 31682635 186968423 202290992 X 296023328 301090165 275493482 288857674 571516810 589947839 758485233 792238831 37713072 -19282043 0 0 0 0 X 0 1 X 1 1 1 X 42391107 31388509 32506765 43977591 43742192 194006164 0 0 0 0 0 0 0 0 0 0 0 0 42391107 31388509 32506765 43977591 43742192 194006164 32551859 161454305 1714068 8989443 2171656 3346932 3456350 19678449 0 0 0 0 0 0 0 0 0 0 0 0 213684613 1444861838 0.75557 0.76173 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 15125 0 0 15125 0 Schedule C, Part II-B, Line 1 The University pays membership dues to organizations that engage in some lobbying activities. The amount disclosed in line 1g includes $12,269 of dues attributable to lobbying activities. 0 0 X X X 0 0 1 X 234370729 9028554 5315149 0 9796376 0 238918056 241184304 5695154 6972481 0 19511210 0 234340729 224040504 11338957 14510656 0 8706316 0 241183801 194997046 13502500 21483116 0 5942158 0 224040504 201582730 9135020 -7129179 0 8591525 0 194997046 0.25 0.63 0.12 0 0 0 64455971 64455971 0 368391622 164121333 204270289 0 9525290 4738971 4786319 0 46374012 22070316 24303696 0 51973641 37704791 14268850 312085125 0 0 Collective Investments 55111909 F Private Equity Partnerships 23528065 F Separately Invested 21079342 F Corporate Obligations 9574302 F US Treasury & Agency Obligations 7464847 F Hedge Funds 5474409 F Other 1462918 F 123695792 Construction In Progress 65265378 Right-of-Use Assets 17422380 Assets Held Under Split-Interest Agreements 12663900 Funds Held In Trust By Others 2004135 97355793 0 Lease Liabilities 17764892 Asset retirement obligation 583998 Liabilities under split interest agreements 7545838 Unrealized loss on int. rate swap agreement 1607174 US Government loans 4180733 31682635 X 242227062 -19282042 0 0 -107682115 -126964157 369191219 0 1718693 1718693 370909912 223796032 0 0 0 -1718693 -1718693 225514725 0 107682115 107682115 333196840 Schedule D, Part III, Line 1 The University holds various collections that are made up of artifacts of historical significance and art objects that are held for educational, research, scientific, and curatorial purposes. Each item is cataloged, preserved, and maintained to ensure their original condition is maintained. Collections, which have been acquired through purchases and contributions to the University, are not recognized as assets on the statements of financial position. Purchases of collection items are recorded as decreases in net assets without donor restrictions in the year in which the items are acquired, or as the items are restricted by donors. Proceeds from deaccessions or insurance recoveries are reflected as increases in the appropriate net asset class. No collection items were deaccessioned in the year ended June 30, 2020 or 2019. Schedule D, Part III, Line 4 The artifacts in the University's collections are used for instructional and research purposes. Schedule D, Part IV, Line 2b The University receives cash deposits on behalf of various student clubs. Funds are disbursed on behalf of those clubs for various purposes such as printing, mailing, audio/visual equipment rentals, and catering. Schedule D, Part V, Line 4 The University invests endowment funds to provide income to support educational activities, either as a result of donor-imposed restrictions or as a result of designations by the Board of Trustees. Schedule D, Part X, Line 2 The University has considered the impact of ASC 740, Implementation Guidance on Accounting for Uncertainty in Income Taxes and Disclosure Amendments for Nonpublic Entities, and after review of the potential impact of various tax provisions, it was determined that no potential liability exists for those positions. Schedule D, Part XI, Line 2d For financial statement purposes, the University deducts student aid expense of $107,682,115 from gross tuition and fees to derive net tuition and fees. Schedule D, Part XI, Line 4b Value of donated auction items ($80,623) included in revenue and non-operating items per audited financial statements. Direct expense from fundraising events (-$158,594) classified as functional expense per audited financial statements. Non-operating expense item ($1,796,664) included revenue and non-operating items per audited financial statements. Schedule D, Part XII, Line 2d Value of donated auction items (-$80,623) included in revenue and non-operating items per audited financial statements. Direct expense from fundraising events ($158,594) classified as functional expense per audited financial statements. Non-operating expense item (-$1,796,664) included revenue and non-operating items per audited financial statements. Schedule D, Part XII, Line 4b For financial statement purposes, the University deducts student aid expense of $107,682,115 from gross tuition and fees to derive net tuition and fees. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The University's Nondiscrimination Policy is prominently displayed on its public website and in all brochures, publications, and catalogs dealing with student admissions, programs, and scholarships. Schedule E, Part I, Line 6 The University receives federal, state, and foundation grants for academic activities, research, student financial aid, student loan, and work study program. Central America and the Caribbean 0 0 Investments Investments at fair market value. 6342698 Europe (including Iceland and Greenland) 0 0 Program Services Study abroad 291981 East Asia and the Pacific 0 0 Program Services Study abroad 240565 Central America and the Caribbean 0 0 Program Services Study abroad 147531 North America (including Canada and Mexico, but not the United States) 0 0 Investments 41187 Middle East and North Africa 0 0 Program Services Study abroad 7485 South America 0 0 Program Services Study abroad 3024 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Study abroad 2056 0 0 7076527 1 0 1 0 1 0 O'Brien Open 60175 36545 23630 0 0 13319 8789 0 7489 Meet the Redhawks 170268 113113 57155 0 0 8610 32414 2000 46446 1 45313 28030 17283 0 0 0 1000 1726 36801 275756 177688 98068 0 0 21929 42203 3726 90736 158594 -60526 1 Grants and scholarships funded from endowments 540 2593948 0 Book Student financial aid Grants and scholarships funded from gifts from private donors 932 2845523 0 Book Student financial aid Grants and scholarships funded from grants from private and governmental institutions 1951 3065194 0 Book Student financial aid Grants and scholarships funded from institutional funds 5636 99177450 0 Book Student financial aid Schedule I, Part I, Line 2 The University's Enrollment Services Division, Office of Student Financial Services, and Office of Research Services and Sponsored Projects responsible for the administration of all grants and student aid according to current law, regulations, and policies prescribed by grantors. The University is subject to annual audits conducted in accordance with OMB Circular A-133. X X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 Annette Clark Dean, School of Law 325824 0 0 0 0 0 28000 0 7023 0 360847 0 0 0 Richard Fehrenbacher Dean, School for New & Continuing Studies 156091 0 0 0 0 0 16228 0 10238 0 182557 0 0 0 Joseph Phillips Jr Dean, Albers School of Business & Economics 287390 0 0 0 0 0 28000 0 12282 0 327672 0 0 0 David Powers Dean, College of Arts & Sciences 211244 0 0 0 0 0 21829 0 9813 0 242886 0 0 0 Michael Quinn Dean, College of Science & Engineering 206001 0 0 0 0 0 21857 0 12282 0 240140 0 0 0 Deanna Sands Dean, College of Education 219171 0 0 0 0 0 20461 0 6582 0 246214 0 0 0 Kristen Swanson Dean, College of Nursing 263581 0 0 0 0 0 26713 0 7007 0 297301 0 0 0 Sarah Watstein Dean, Lemieux Library 178197 0 0 0 0 0 18162 0 5941 0 202300 0 0 0 Michelene Clements VP for Hunan Resources 219482 0 0 0 0 0 22972 0 12340 0 254794 0 0 0 Marilyn Crone VP, Enrollment Management 131979 0 0 0 118538 0 13315 0 3804 0 267636 0 0 0 Robert Dullea VP for Planning & Vice Provost 244950 0 0 0 0 0 24846 0 7023 0 276819 0 0 0 Wilson Garone VP for Finance & CFO 124420 0 0 0 0 0 0 0 19 0 124439 0 0 0 Constance Kanter CFO/VP-Sr 69598 0 0 0 0 0 7163 0 2078 0 78839 0 0 0 Timothy Leary Executive VP 272664 0 0 0 0 0 27453 0 7497 0 307614 0 0 0 Natasha Martin Chief Diversity Office & VP for Diversity & Inclusion 187649 0 0 0 0 0 19670 0 9506 0 216825 0 0 0 Shane Martin Provost 358512 0 0 0 27000 0 28000 0 7239 0 420751 0 0 0 Scott McClellan VP for University Affairs 188880 0 0 0 0 0 20115 0 15288 0 224283 0 0 0 Melore Nielsen Interim VP for Enrollment Management 180210 0 0 0 0 0 19042 0 16348 0 215600 0 0 0 Andrew O'Boyle Assoc VP for Finance & Interim CFO 208164 0 0 0 0 0 21023 0 7909 0 237096 0 0 0 Mary Petersen VP & University Counsel 265337 0 0 0 0 0 26917 0 47158 0 339412 0 0 0 Michael Podlin VP for University Advancement 279534 0 0 0 0 0 28000 0 7341 0 314875 0 0 0 Alvin Sturdivant VP for Student Development 208590 0 0 0 0 0 21210 0 7023 0 236823 0 0 0 Stephen V Sundborg SJ Trustee (ex officio), President 467208 0 0 0 0 0 0 0 0 0 467208 0 0 0 Christopher Van Liew CIO & VP for Information Technology 214129 0 0 0 0 0 22776 0 82896 0 319801 0 0 0 Charles O'Kelley Professor, Law 318700 0 0 0 0 0 28000 0 7540 0 354240 0 0 0 James Hayford Coach-Hd, Bball-M 289915 0 0 0 0 0 28000 0 65710 0 383625 0 0 0 Sharon Fink Dir, Athletics 213667 0 8000 0 0 0 22866 0 15291 0 259824 0 0 0 Steven Bender Professor, Law 226241 0 0 0 0 0 22496 0 9453 0 258190 0 0 0 David Skover Professor, Law 215596 0 0 0 0 0 21780 0 7007 0 244383 0 0 0 Schedule J, Part I, Line 1a The University paid $7,125 in club dues for certain officers and other employees for business-related purposes as follows: Rainier Club: $3,780 for Stephen V. Sundborg SJ; Rotary Club: $1,880 for Joseph M. Phillips Jr; University Club: $1,365 for Stephen V. Sundborg SJ; Washington Athletic Club totaling $100: $50 for Stephen V. Sundborg SJ, $50 for Michael Podlin. Schedule J, Part II Shane Martin received $27,000 in housing allowance that was treated as taxable. Marilyn Crone received $118,538 in severance pay that was treated as taxable. A Washington Higher Education Facilities Authority 911306482 939781A26 2008-03-20 26595000 Refunding 0 0 0 B Washington Higher Education Facilities Authority 911306482 939781J68 2011-09-01 15230000 Refunding 0 0 0 C Washington Higher Education Facilities Authority 911306482 2015-09-11 54815000 Refunding 0 0 0 D Washington Higher Education Facilities Authority 911306482 939781X47 2017-12-27 41860000 Refunding 0 0 0 A 13675000 0 26595000 0 0 0 373275 0 0 0 26221275 0 2008 1 0 1 1 B 4870000 0 15230000 0 0 0 530137 0 0 0 14699893 0 2011 1 0 1 1 C 7739000 0 54815000 0 0 0 510476 0 0 0 54304524 0 2015 1 1 1 1 D 0 0 41860000 0 0 0 430249 0 0 0 41429751 0 2017 1 1 1 1 A 0 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 0 1 C 0 0 0 0 0 0 0 0 0 1 D 0 0 0 0 0 0 0 0 0 1 A 0 0 0 1 1 1 Bank of New York 2.9 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 Schedule K, Part IV, Line 2c-03/20/2008 26,595,000 Washington Higher Education Facilities Authority All rebate has been paid. Schedule K, Part IV, Line 2c-09/01/2011 15,230,000 Washington Higher Education Facilities Authority All rebate has been paid. Schedule K, Part IV, Line 2c-09/11/2015 54,815,000 Washington Higher Education Facilities Authority All rebate has been paid. Schedule K, Part IV, Line 2c-12/27/2017 41,860,000 Washington Higher Education Facilities Authority All rebate has been paid. Sabey Corporation Entity which Trustee Dave Sabey served as an officer during the year. 822745 Cash lease payments 0 Yobi Apartments Ezra Teshome is an owner of Yobi Apartments and served as Trustee during the year 336020 Cash lease payments 0 Douglas Apartments Trustee Jeff Wright has an ownership interest in the Douglas Apartments. 135091 Cash lease receipts 0 Sarah Trainer Ms. Trainer is the daughter of trustee Steve Trainer 79978 Employment 0 Erin Swezey Ms. Swezey is married to Timothy Leary, the University's Executive Vice President. 70400 Employment 0 X 6 19700 FMV X 39 8052447 FMV X Auction Items 410 80623 FMV X Equipment, supplies, books 8 9059 FMV 0 0 1 0 Form 990, Part VI, Section A, Line 2 Rodney Bench and Nicole Piasecki have a business relationship. Michelle Clements and Scott Redman have a business relationship. Nicole Piasecki and Russell Hagen have a business relationship. Form 990, Part VI, Section A, Line 6 Seattle University is a Washington nonprofit corporation governed by a Board of Trustees that is responsible for the overall management of the affairs of the University. As a nonprofit member corporation established under Washington state law, the University has a Board of Members. The University has seven members. Each member is required to be in good standing in the Society of Jesus. The seven members include the following: the Rector of the Seattle University Jesuit Community and six Jesuits from among those under contract at Seattle University. The President, Provost and any Vice President of Seattle University are ineligible to be a member. Members are elected by Jesuits currently under contract at Seattle University. Form 990, Part VI, Section A, Line 7a As a nonprofit member corporation established under Washington state law, the University has a Jesuit Board of Members. The principal duty of the Jesuit Board of Members is to ensure furtherance of the work of Catholic higher education in accordance with the traditions and ideals of the Society of Jesus. The Jesuit Board of Members has the power to select three Jesuit trustees to serve on the Board of Trustees, which is the governing board of the university. The Board of Trustees consists of that number of Trustees determined from time to time by the Board of Trustees, but which number shall not be less than 30 nor more than 40 voting members. At least six of the Trustees shall belong to the Society of Jesus. As stated above, the Jesuit Board of Members selects three of those six Jesuit Trustees. All other Trustees are elected upon nomination of the Trusteeship Committee by a majority of the Trustees in attendance at the annual meeting of the Board, unless a different date is set by the Board of Trustees. Form 990, Part VI, Section A, Line 7b The Bylaws of Seattle University provide that the principal duty of the Jesuit Members, consistent with the apostolate of the Jesuit community at the University, is to assure furtherance of the work of Catholic higher education in accordance with the traditions and ideals of the Society of Jesus. The Board of Trustees has the final responsibility for the governance of the University in all matters, with the exception of the following: (a) The majority vote of the Board of Trustees and the approval of at least two-thirds of the votes of the Jesuit Board of Members are required to amend the Articles of Incorporation. The majority vote of each of the Board of Trustees and the Jesuit Board of Members is required to alter, amend, or repeal the Bylaws. The Jesuit Board of Members may delegate its authority to approve amendments of the Bylaws to the Board of Trustees; (b) The majority vote of the Jesuit Board of Members is required for the sale or lease of any corporate properties having a fair market value in excess of fifteen million dollars; (c) The Jesuit Board of Members shall elect three Jesuits to Service on the Board of Trustees; and (d) Approval of the Board of Trustees and at least 2/3rds of the Jesuit Board of Members is required to approve any plan of dissolution and distribution, as provided in the Articles of Incorporation. Form 990, Part VI, Section B, Line 11b Each voting member of the Board of Trustees was provided with an electronic copy of Form 990 and supporting schedules prior to filing with the IRS. The Audit Committee of the Board met to review the form and schedules as well. The form and schedules were also reviewed by appropriate officers and management, including but not limited to the CFO/VP for Finance and Business Affairs, the Associate VP for Finance and Investments, the Executive Vice President, and University Counsel. Form 990, Part VI, Section B, Line 12c The Conflict of Interest Policy for Trustees is contained in the Bylaws of the University. Trustees are informed of this policy during Trustee orientation and the annual meeting. On an annual basis, each Trustee is asked to furnish a written statement indicating whether he or she is involved in any matter that poses an actual or potential conflict of interest. Trustees are expected to update the disclosure throughout the year as may be appropriate. After a trustee's disclosure of a potential financial or other conflict of interest, the chair of the Board of Trustees, in consultation with the University Counsel, determines whether the situation constitutes a conflict of interest requiring action by the Board. If the chair of the Board believes Board action is appropriate, the interested person must leave the Board meeting where the financial or other interest is discussed and voted upon, unless requested to stay either to respond to questions or provide information to the Board on the matter under discussion. The remaining board members decide if a conflict of interest exists and the appropriate course of action. Officers, key employees, faculty, and staff are covered by the University conflict of interest policy. Individuals are informed of this policy at the time of hire. The policy is contained in the Human Resources Policy Manual and is available to faculty and staff on the University's website. Upon identification of a potential conflict of interest, the matter is reviewed and evaluated by University officials and a determination is made regarding an appropriate action. The University has also adopted the Policy for Financial Conflict of Interest Disclosure and Management for Investigators in Externally Sponsored Programs in compliance with US Department of Health and Human Services regulations (42 CFR Part 50, Subpart F) and the financial conflict of interest policies of the National Science Foundation. Finally, the Office of Finance and Business Affairs, through the Office of the Controller, reviews carefully all proposed business transactions, expenditures, and requests for reimbursements to determine compliance with University policies, including those relating to conflict of interest. Form 990, Part VI, Section B, Line 15 The University's process for determining compensation for the president, officers, and key employees includes the following elements: (1) an authorized committee of the Board of Trustees composed entirely of individuals who are unrelated to, and not subject to, the control of disqualified persons involved in the compensation arrangement; (2) reliance on appropriate comparability data, including compensation levels paid by similarly situated organizations for functionally comparable positions; the location of the University, including the availability of similar specialties in the geographic area; independent compensation surveys by nationally-recognized independent firms; and written offers from similar institutions competing for the services of the disqualified person; and (3) documentation by the authorized body that adequately documents the basis for determination concurrent with making decisions regarding the compensation arrangement. The Executive Committee of the Board of Trustees serves as the compensation committee and follows this process annually. The compensation arrangement for the President, Provost, Executive Vice President, CFO, and other members of the Cabinet was most recently reviewed on April 15, 2021. Within the institution, appropriate comparability data is also obtained and reviewed for all other officers, key employees, and any other highly-compensated employees. Form 990, Part VI, Section C, Line 19 While applicable federal tax laws do not mandate that the University's governing documents, conflict of interest policy, and financial statements be made available for public inspection, the University makes each of the foregoing available on its website, www.seattleu.edu, or upon request. Seattle University Foundation 901 12th Avenue Seattle WA 98122 911130769 Fundraising WA 501(c)(3) Type I Seattle University 1 Charitable Remainder Unitrusts (9) 900 Broadway Admin 120 Seattle WA 981224340 Investment WA Seattle University T 0 Charitable Remainder Annuity Trusts (1) 900 Broadway Admin 120 Seattle WA 981224310 Investment WA Seattle University T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0