2021-04-14T11:23:19-05:00 2020-05-31 366055558 GRANT THORNTON LLP 1000 WILSON BLVD SUITE 1400 ARLINGTON VA 22209 990 2019-06-01 237121060 BRITE DIVINITY SCHOOL BRIT 8172577575 TCU BOX 298130 FORT WORTH TX 76129 DR D NEWELL WILLIAMS PRESIDENT 8152577575 2021-04-13 1 MARY TORRETTA P00847851 7038477500 2019 2022-09-23 18:48:47Z DR D NEWELL WILLIAMS TCU BOX 298130 FORT WORTH TX 76129 26914918 0 X WWW.BRITE.TCU.EDU X 1914 TX BRITE DIVINITY SCHOOL EDUCATES AND INSPIRES PEOPLE TO SERVE GOD'S DIVERSE (CONTINUED ON PART III) 32 31 75 37 1157 -1593 1931449 4008427 3976740 3556141 3887124 3571285 814889 508051 10610202 11643904 2410772 2183608 0 0 5141377 4438618 0 0 601598 2891002 2881635 10443151 9503861 167051 2140043 112319744 114067639 3081842 3571391 109237902 110496248 X BRITE DIVINITY SCHOOL EDUCATES AND INSPIRES PEOPLE TO SERVE GOD'S DIVERSE WORLD AS LEADERS IN CHURCHES, THE ACADEMY, AND PUBLIC LIFE. 0 0 5025156 2183608 2733120 BRITE EDUCATES AND INSPIRES PEOPLE TO SERVE GOD'S DIVERSE WORLD AS LEADERS IN CHURCHES, THE ACADEMY AND PUBLIC LIFE. SEE SCHEDULE O FOR MORE. 674042 0 810882 BRITE'S LEIBROCK VILLAGE APARTMENTS PROVIDE CONVENIENTLY LOCATED AFFORDABLE HOUSING FOR STUDENTS AND THEIR FAMILIES. THE VILLAGE CONSISTS OF 56 UNITS IN THREE SEPARATE BUILDINGS ARRANGED TO PROMOTE COMMUNITY TO THE FULLEST. ONE FULL-TIME MANAGER AND PART-TIME STAFF ARE EMPLOYED FOR THE BENEFIT OF THE FACILITY. 301596 0 0 RESEARCH AND RELATED PROGRAMS ENHANCE THE LIFE OF BRITE AND ITS CONSTITUENTS. THE RESEARCH AND RELATED PROGRAM SERVICES ARE PROJECTS ORGANIZED SPECIFICALLY TO ENHANCE THE MISSION OF THE DIVINITY SCHOOL. WORK IS INTERNALLY AND EXTERNALLY FUNDED, OFTEN BY MULTI-YEAR GRANTS. FACULTY RECEIVE REGULAR RESEARCH LEAVES AND TRAVEL SUPPORT THAT ASSISTS IN THE PRESENTATION AND PUBLICATION OF PAPERS AND BOOKS. 1439477 0 12139 IN ADDITION TO AND IN SUPPORT OF GRANTING DEGREES, BRITE PROVIDES FIELD EDUCATION TRAINING THROUGH ITS SUPERVISED MINISTRY PROGRAM. STUDENTS ARE PLACED IN A VARIETY OF CHURCHES AND AGENCIES THROUGHOUT THE AREA TO ENHANCE THE INTEGRATION OF CLASSROOM LEARNING AND MINISTERIAL PRACTICE. CONTINUING EDUCATION OPPORTUNITIES ARE PROVIDED FOR AREA MINISTERS AND LAY LEADERS, INCLUDING MINISTERS WEEK AND STALCUP SCHOOL FOR THE LAITY. FURTHER ENRICHING THE EXPERIENCE OF STUDENTS ARE RELEVANT SPEAKERS AT WEEKLY CHAPEL SERVICES AND OTHER FOCUSED EVENTS. 1439477 0 12139 7440271 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 97 0 1 75 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 32 31 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X MICHELE SMITH 8172577575 TCU BOX 298130 FORT WORTH TX 76129 DR D NEWELL WILLIAMS PRESIDENT 40.00 0.00 X X 240633 0 60075 MS MARY BROUILLETTE VP FOR ADVANCEMENT 40.00 0.00 X 132358 0 25879 DR JAMES O DUKE PROFESSOR 40.00 0.00 X 130704 0 27365 DR JORETTA L MARSHALL EXEC VP/DEAN - THRU 5/2019; PROF. 40.00 0.00 X 127742 0 25616 MS MICHELE G SMITH VP BUSINESS AND FINANCE 40.00 0.00 X 114248 0 37739 DR JEFFREY T WILLIAMS ASSOCIATE DEAN/ ASSOC. PROF. 40.00 0.00 X 103763 0 43960 DR NAMSOON KANG PROFESSOR 40.00 0.00 X 107681 0 21920 DR STEPHEN V SPRINKLE PROFESSOR 40.00 0.00 X 103201 0 25601 DR MICHAEL MILLER EXECUTIVE VP/DEAN 40.00 0.00 X 78924 0 10402 DR TIMOTHY CAP DIEBEL CHAIR OF THE BOARD 2.00 0.00 X X 0 0 0 DR STUART D MCDONALD VICE-CHAIR OF THE BOARD 2.00 0.00 X X 0 0 0 MS JO CAROLYN MCVEIGH SECRETARY OF THE BOARD 2.00 0.00 X X 0 0 0 MR PAUL R RAY JR IMMEDIATE PAST CHAIR OF BOARD 2.00 0.00 X 0 0 0 MRS JANET M ANDERSON TRUSTEE - AS OF 9/2019 2.00 0.00 X 0 0 0 DR KEITH E ARGENBRIGHT TRUSTEE 2.00 0.00 X 0 0 0 DR VICTOR J BOSCHINI JR TRUSTEE 2.00 0.00 X 0 0 0 MS LINDA H BROOKSHIRE TRUSTEE 2.00 0.00 X 0 0 0 MR CHAD E CLINE TRUSTEE 2.00 0.00 X 0 0 0 MS MICHAELA J CROMAR TRUSTEE 2.00 0.00 X 0 0 0 DR TAHITA N FULKERSON TRUSTEE 2.00 0.00 X 0 0 0 MR CHRISTOPHER R GARRETT TRUSTEE 2.00 0.00 X 0 0 0 MR DANIEL J RED GOLDSTEIN TRUSTEE 2.00 0.00 X 0 0 0 MR BENARD C HENDRICK VII TRUSTEE 2.00 0.00 X 0 0 0 MR WILLIAM HENDRIX TRUSTEE 2.00 0.00 X 0 0 0 DR ROBERT W HOLLOWAY TRUSTEE 2.00 0.00 X 0 0 0 MR CLAYTON J HOOVER TRUSTEE 2.00 0.00 X 0 0 0 MR ALLAN HOWETH TRUSTEE 2.00 0.00 X 0 0 0 REV CHARLES F JOHNSON TRUSTEE 2.00 0.00 X 0 0 0 MS ELAINE V KELLAM TRUSTEE 2.00 0.00 X 0 0 0 REV VIRZOLA LAW TRUSTEE 2.00 0.00 X 0 0 0 REV DR JANET A LONG TRUSTEE 2.00 0.00 X 0 0 0 REV DR ANDY MANGUM TRUSTEE 2.00 0.00 X 0 0 0 DR STEFFEN PALKO TRUSTEE 2.00 0.00 X 0 0 0 REV DR RUSS PETERMAN TRUSTEE 2.00 0.00 X 0 0 0 MRS BETH RIVERS TRUSTEE - AS OF 9/2019 2.00 0.00 X 0 0 0 DR MARTHA HACKLEY SALMON TRUSTEE 2.00 0.00 X 0 0 0 MR ROY C SNODGRASS III TRUSTEE 2.00 0.00 X 0 0 0 DR TIMOTHY STEVENS TRUSTEE 2.00 0.00 X 0 0 0 REV REUBEN THOMPSON TRUSTEE 2.00 0.00 X 0 0 0 MRS LINDA PILCHER WASSENICH TRUSTEE 2.00 0.00 X 0 0 0 1139254 0 278557 8 0 1 0 GRAYSTONE CONSULTING 1617 N WATERFRONT SUITE 200 WICHITA KS 67206 INVESTMENTS 198954 1 4008427 52840 4008427 TUITION & FEES 611710 2733120 2733120 HOUSING RENTAL 721310 810882 810882 OTHER FEES 900099 11851 11851 GATES OF CHAI 900099 288 288 3556141 2771292 1906 2769386 498362 498362 16068785 2222 15271014 0 797771 2222 799993 -749 800742 MISCELLANEOUS INCOME 900099 9689 9689 9689 11643904 3556141 1157 4078179 2183608 2183608 762830 150345 453159 159326 2750258 2375399 159563 215296 238184 215994 5980 16210 452038 357128 48495 46415 235308 171433 38578 25297 31003 31003 74085 74085 198484 198484 103467 92667 7800 3000 1300 1000 300 80814 35646 33413 11755 23560 23560 97208 53391 37401 6416 161904 123514 27615 10775 10193 6492 2801 900 356658 290715 40833 25110 2685 2685 TCU ADMIN FEE 880052 570891 235090 74071 AUXILIARY 674042 674042 ALL OTHER EXPENSES 96058 49426 46020 612 DUES & SUBSCRIPTIONS 75336 65020 10316 14786 8671 6115 9503861 7440271 1461992 601598 618588 1789979 70144 95024 5308 619 24987683 9584168 15857390 15403515 55387703 54381520 34035610 36940096 0 0 6345001 5456886 112319744 114067639 2867491 2673312 138414 128548 748800 75937 20731 3081842 3571391 X 24095120 23723497 85142782 86772751 109237902 110496248 112319744 114067639 X 2140043 -955709 74012 X 0 1 X 1 0 X 2885571 1942648 2924659 1931449 4008427 13692754 2885571 1942648 2924659 1931449 4008427 13692754 1848908 11843846 1116505 1869347 2187451 3074841 3267748 11515892 9417 12398 10722 9689 42226 25250872 20353043 0.46900 0.46270 X SCHEDULE A, PART I, LINE 2 PUBLIC SUPPORT TEST BRITE DIVINITY SCHOOL HAS BEEN RECOGNIZED AS A SCHOOL DESCRIBED IN SECTION 170(B)(1)(A)(II), AND AS SUCH, BRITE HAS CHECKED BOX 2 ON SCHEDULE A, PART I AND COMPLETED SCHEDULE E. BRITE DIVINITY SCHOOL ALSO SATISFIES THE PUBLIC SUPPORT TEST AS DESCRIBED UNDER BOX 7 ON SCHEDULE A, PART I. BRITE HAS ELECTED TO COMPLETE SCHEDULE A, PART II IN ORDER TO QUALIFY FOR THE SPECIAL RULE FOR REPORTING CONTRIBUTIONS ON SCHEDULE B. SCHEDULE A, PART II, LINE 10 - OTHER INCOME MISCELLANEOUS INCOME 2016 9,417 2017 12,398 2018 10,722 2019 9,689 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 91186028 2592448 1716287 1733879 1694639 92066245 88221369 894822 5494502 1727018 1697647 91186028 84129444 597191 6868835 1800140 1573961 88221369 80653635 506872 6303620 1735791 1598892 84129444 84993511 1841000 -2972616 1696714 1511546 80653635 0.09170 0.70130 0.20700 1 1 1 239893 239893 18789512 5351515 13437997 0 1771002 1563853 207149 4187276 2668800 1518476 15403515 INVESTMENTS HELD IN TRUST 17729316 F LTD. PARTNERSHIP INVESTMENTS 9742034 F ALTERNATIVE INVESTMENTS 9468746 F 36940096 DUE TO ACADEMIC AFFILIATE 20731 20731 X 8614863 -955709 74012 -881697 9496560 198484 1948860 2147344 11643904 7356517 0 7356517 198484 1948860 2147344 9503861 PART V, LINE 4: INTENDED USES OF ENDOWMENT FUNDS THE PURPOSE OF THE ENDOWMENT FUND IS TO PROVIDE FUNDS IN PERPETUITY GENERALLY IN SUPPORT OF BRITE'S MISSION TO EDUCATE AND INSPIRE PEOPLE TO SERVE GOD'S DIVERSE WORLD AS LEADERS IN CHURCHES, THE ACADEMY, AND PUBLIC LIFE. INCLUDED IN, BUT NOT LIMITED TO THIS SUPPORT, ARE SCHOLARSHIPS, CHAIRS, PROFESSORSHIPS, AND PROGRAM SUPPORT. PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE THE SCHOOL IS A TAX-EXEMPT INSTITUTION UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE OF 1986 ("IRC"), AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE IRC. THE SCHOOL HAS CONCLUDED THAT IT DOES NOT HAVE ANY UNRECOGNIZED TAX BENEFITS RESULTING FROM CURRENT OR PRIOR PERIOD TAX POSITIONS. ACCORDINGLY, NO ADDITIONAL DISCLOSURES HAVE BEEN MADE ON THE FINANCIAL STATEMENTS REGARDING UNCERTAIN TAX POSITIONS. THE SCHOOL DOES NOT HAVE ANY OUTSTANDING INTEREST OR PENALTIES, AND NONE HAVE BEEN RECORDED IN THE STATEMENT OF ACTIVITIES FOR THE YEARS ENDED MAY 31, 2020 AND 2019. AS OF MAY 31, 2020, THE SCHOOL'S TAX YEARS ENDED MAY 31, 2017 THROUGH 2020, GENERALLY REMAIN SUBJECT TO EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: NET CHANGE IN CHARITABLE GIFT ANNUITIES 74,012. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 2,183,608. POST RETIREMENT HEALTH BENEFIT -234,748. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 2,183,608. POST RETIREMENT HEALTH BENEFIT -234,748. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 BRITE DIVINITY SCHOOL'S NONDISCRIMINATION POLICY STATEMENT IS INCLUDED IN ALL OF THE SCHOOL'S PROGRAM HANDBOOKS AND RECRUITMENT MATERIALS. IT IS ALSO INCLUDED ON THE SCHOOL'S WEBSITE. NORTH AMERICA 0 0 SEND AGENTS TO SEMINAR 3041 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 SEND AGENTS TO SEMINAR 13585 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES RESEARCH & EDUCATION 8172 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 16078000 0 0 0 0 0 0 0 0 0 0 16102798 0 16102798 1 0 1 0 1 0 PART III ACCOUNTING METHOD: 1 TUITION GRANTS AND STIPENDS 158 2183608 SCHEDULE I, PART I, LINE 2 PROCEDURE FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE U.S. GRANT APPLICATIONS ARE REVIEWED AND APPROVED BY THE APPROPRIATE FINANCIAL AID PROFESSIONALS. UPON APPROVAL, FUNDS ARE APPLIED DIRECTLY TO THE STUDENT'S ACCOUNT AS AN OFFSET AGAINST CHARGES SUCH AS TUITION AND FEES. GRANTS CANNOT EXCEED THE STUDENT'S COST OF ATTENDANCE (COA). IN THE EVENT THAT THE COA IS REDUCED DUE TO A DECREASE IN THE STUDENT'S COURSE LOAD OR OTHER CIRCUMSTANCES IMPACTING SCHOOL CHARGES, THE RELATED GRANT IS ACCORDINGLY REDUCED. X 1 1 X X X 0 0 0 0 0 0 0 0 0 DR D NEWELL WILLIAMS PRESIDENT 235450 0 0 0 5183 0 28242 0 31833 0 300708 0 0 0 MS MARY BROUILLETTE VP FOR ADVANCEMENT 132358 0 0 0 0 0 15503 0 10376 0 158237 0 0 0 DR JAMES O DUKE PROFESSOR 130704 0 0 0 0 0 15165 0 12200 0 158069 0 0 0 DR JORETTA L MARSHALL EXEC VP/DEAN - THRU 5/2019; PROF. 127742 0 0 0 0 0 13187 0 12429 0 153358 0 0 0 MS MICHELE G SMITH VP BUSINESS AND FINANCE 114248 0 0 0 0 0 13953 0 23786 0 151987 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE BOTH THE PRESIDENT AND DEAN ARE ORDAINED MINISTERS ENTITLED TO A MINISTERIAL HOUSING ALLOWANCE. THE PRESIDENT'S TOTAL COMPENSATION IS APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES ALSO APPROVES ANNUALLY THE DESIGNATION OF A PORTION OF OTHER ORDAINED MINISTERS' COMPENSATION AS A HOUSING ALLOWANCE, INCLUDING THE DEAN'S, SUBJECT TO THE PROVISIONS OF THE INTERNAL REVENUE CODE. X 7 52840 COST 0 1 0 PART I, COLUMN (B): CONTRIBUTION OF SECURITIES THE NUMBER REFLECTED IN COLUMN (B) REPRESENTS THE TOTAL NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: BRITE DIVINITY SCHOOL EDUCATES AND INSPIRES PEOPLE TO SERVE GOD'S DIVERSE WORLD AS LEADERS IN CHURCHES, THE ACADEMY AND PUBLIC LIFE. APPROXIMATELY 175 INDIVIDUALS FROM MORE THAN 25 DIFFERENT DENOMINATIONS AND COUNTRIES ACROSS THE GLOBE ATTEND BRITE. DEGREES OFFERED INCLUDE MASTER OF DIVINITY (M.DIV.), MASTER OF ARTS IN THEOLOGY AND MINISTRY (M.A.T.M.), MASTER OF THEOLOGICAL STUDIES (M.T.S.), MASTER OF THEOLOGY (TH.M.), DOCTOR OF MINISTRY (D.MIN.), DOCTOR OF PHILOSOPHY (PH.D.), AS WELL AS COLLABORATIVE DEGREES WITH THE NEELEY SCHOOL OF BUSINESS AT TCU (M.DIV./M.B.A., M.A.T.M./M.B.A. AND M.T.S./M.B.A.) AND THE TCU DEPARTMENT OF SOCIAL WORK (M.DIV./M.S.W., M.A.T.M./M.S.W., AND M.T.S./M.S.W.). BRITE ALSO OFFERS SEVEN CERTIFICATE PROGRAMS THAT CAN BE INCORPORATED INTO THE M.DIV., M.A.T.M, M.T.S. AND CERTIFICATE OF THEOLOGICAL STUDIES PROGRAMS. ESSENTIAL TO AND IN SUPPORT OF THE DEGREE PROGRAMS AND FACULTY RESEARCH IS OUR LIBRARY WITH OVER 178,000 PRINTED VOLUMES AND 49,000 BOUND PERIODICALS, PLUS E-BOOKS, JOURNALS AND RELATED INDICES. ALL FACULTY MEMBERS HAVE A TERMINAL DEGREE IN THEIR FIELD. A LONG-TERM GOAL OF THE SCHOOL HAS BEEN TO MAKE THEOLOGICAL EDUCATION AFFORDABLE AND ACCESSIBLE, AND AS A RESULT, APPROXIMATELY 90% OF BRITE'S STUDENTS RECEIVE FINANCIAL AID FUNDED BY BRITE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE AUDIT COMMITTEE OF THE SCHOOL MET AND REVIEWED THE FORM 990 AND RELATED SCHEDULES WITH THE VICE PRESIDENT OF BUSINESS AND FINANCE AND THE RETURN PREPARER. THE AUDIT COMMITTEE APPROVED THE FORM 990 AND RELATED SCHEDULES AS PRESENTED. FINALLY, A PDF FILE OF THE FORM 990 AND RELATED SCHEDULES WAS MADE AVAILABLE TO EACH TRUSTEE ELECTRONICALLY FOR THEIR REVIEW PRIOR TO THE FILING. TRUSTEES WERE ENCOURAGED TO CONTACT THE FINANCE DEPARTMENT WITH ANY QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY BRITE HAS A CONFLICT OF INTEREST POLICY WHICH IS REVIEWED AND REVISED ANNUALLY TO COMPLY WITH CURRENT REGULATIONS. THIS POLICY NOTES RELATIONSHIPS AND TRANSACTIONS THAT MAY GIVE RISE TO A CONFLICT OF INTEREST OR THE APPEARANCE THEREOF. IT DESCRIBES THE MEANS FOR NOTIFYING THE SCHOOL'S ADMINISTRATION OR BOARD OF TRUSTEES OF KNOWN POTENTIAL CONFLICTS, WHICH IS DONE IN WRITING ON AN ANNUAL BASIS. THESE WRITTEN NOTIFICATIONS, ALONG WITH ANY OTHER POTENTIAL CONFLICTS THAT ARISE, ARE REVIEWED BY MANAGEMENT, AND ADJUSTMENTS ARE MADE TO COMMITTEE ASSIGNMENTS AS NEEDED. ADDITIONALLY, VOTING PRIVILEGES ARE DISCUSSED WITH TRUSTEES, AS NECESSARY, TO COMPLY WITH THE POLICY AND AVOID ANY APPEARANCE OF CONFLICT. WHEN A CONFLICT OR POTENTIAL CONFLICT EXISTS, THE AFFECTED PERSON SHALL ABSTAIN FROM VOTING OR ACTING UPON THE PERTINENT ITEM, WITHDRAW FROM THE MEETING, AND ABSTAIN FROM PARTICIPATING IN OR INFORMALLY INFLUENCING THE DECISION-MAKING PROCESS EXCEPT TO PROVIDE FACTUAL INFORMATION UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMPENSATION THE PROCESS FOR DETERMINING ANY ADJUSTMENTS TO THE PRESIDENT'S ANNUAL COMPENSATION BEGINS WITH A PERFORMANCE EVALUATION INITIATED BY THE CHAIR PERSON OF THE BOARD OF TRUSTEES, DISTRIBUTED TO EACH MEMBER OF THE BOARD OF TRUSTEES, BASED ON GOALS ESTABLISHED BY THE BOARD AND THE PRESIDENT. EVALUATION RESPONSES ARE COLLATED, REPORTED TO AND REVIEWED WITH THE PRESIDENT, ALONGSIDE THE PRESIDENT'S OWN SELF-EVALUATION. THESE STEPS ARE ACCOMPLISHED INDEPENDENT OF THE PRESIDENT'S COMPENSATION REVIEW. THE EXECUTIVE COMMITTEE OF THE BOARD SUBSEQUENTLY UTILIZES THIS INFORMATION, ALONG WITH COMPARATIVE DATA REGARDING CHIEF EXECUTIVE COMPENSATION FROM PEER INSTITUTIONS, IN DETERMINING THE PRESIDENTS COMPENSATION FOR THE COMING YEAR. FORM 990, PART VI, SECTION B, LINE 15B: OFFICER COMPENSATION THE PRESIDENT CONDUCTS ANNUAL PERFORMANCE EVALUATIONS OF THE EXECUTIVE VICE PRESIDENT AND DEAN, THE VICE PRESIDENT FOR BUSINESS AND FINANCE, AND THE VICE PRESIDENT FOR ADVANCEMENT. COMPENSATION OF THESE OFFICERS IS COMPARED TO INDUSTRY DATA PUBLISHED BY THE ASSOCIATION OF THEOLOGICAL SCHOOLS AND IS DETERMINED BY THE PRESIDENT ON THE BASIS OF THE PERFORMANCE EVALUATIONS AND BUDGETARY CONSTRAINTS. THE PRESIDENT MAINTAINS PERSONNEL FILES FOR THE PAID OFFICERS OF THE CORPORATION. THESE FILES INCLUDE ANNUAL REVIEWS AS DISCUSSED WITH AND SIGNED BY THE EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC GOVERNING DOCUMENTS ARE AVAILABLE FROM THE TEXAS SECRETARY OF STATE WEBSITE. AUDITED FINANCIAL STATEMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: NET CHANGE IN CHARITABLE GIFT ANNUITIES 74,012. CHARITABLE REMAINDER TRUST SUPPORT TX N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0