2021-04-30T11:50:08-05:00 2020-06-30 340677006 MALONEY NOVOTNY LLC 1111 SUPERIOR AVE SUITE 700 CLEVELAND OH 441142540 990 2019-07-01 314379459 DENISON UNIVERSITY DENI 7405876679 100 W COLLEGE STREET GRANVILLE OH 43023 DAVID A ENGLISH VP FOR FINANCE & MGMT. 7405876679 2021-04-28 1 CHRISTOPHER B ANDERSON P00226559 2163630100 2019 2022-09-23 18:48:47Z ADAM S WEINBERG 100 W COLLEGE STREET GRANVILLE OH 43023 565466507 0 X WWW.DENISON.EDU X 1832 OH THROUGH AN EMPHASIS ON ACTIVE LEARNING, DENISON UNIVERSITY ENGAGES STUDENTS IN THE LIBERAL ARTS, WHICH FOSTERS SELF-DETERMINATION AND THE TRANSFORMATIVE POWER OF EDUCATION. 35 35 2766 2000 1032394 0 25051505 32595172 151693259 150146530 34859628 65718724 1647279 49226 213251671 248509652 66021032 66698956 0 0 77916695 81451248 0 0 5420169 56459400 54840994 200397127 202991198 12854544 45518454 1357579565 1411393687 242669447 276497624 1114910118 1134896063 X SEE SCHEDULE O 0 0 183013818 66698956 149091362 OUR PURPOSE IS TO INSPIRE AND EDUCATE OUR STUDENTS TO BECOME AUTONOMOUS THINKERS, DISCERNING MORAL AGENTS AND ACTIVE CITIZENS OF A DEMOCRATIC SOCIETY. THROUGH AN EMPHASIS ON ACTIVE LEARNING, WE ENGAGE STUDENTS IN THE LIBERAL ARTS, WHICH FOSTERS SELF-DETERMINATION AND DEMONSTRATES THE TRANSFORMATIVE POWER OF EDUCATION. WE PROVIDE UNDERGRADUATE PROGRAMS OF INSTRUCTION TO APPROXIMATELY 2,203 STUDENTS. STUDENTS ARE OFFERED MORE THAN 50 MAJORS, CONCENTRATIONS AND PROGRAMS OF STUDY. SCHOLARSHIPS AND GRANTS ARE PROVIDED BASED ON MERIT AND ECONOMIC NEED. WE ALSO PROVIDE SERVICES TO STUDENTS INCLUDING COUNSELING AND PROGRAMS IN THE AREAS OF ADMISSIONS, STUDENT AID, STUDENT EMPLOYMENT, STUDENT ACTIVITIES, REGISTRATION, AND STUDENT LIFE. 183013818 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 0 1 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 781 0 1 2766 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 35 35 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 OH X CATHY UNTIED CONTROLLER 7405876679 DENISON UNIVERSITY 100 WCOLLEGE ST GRANVILLE OH 43023 JAMES L ANDERSON '85 TRUSTEE 1.00 X 0 0 0 GEORGE W BODENHEIMER '80 TRUSTEE 1.00 X 0 0 0 CYNTHIA OOTEN BOOTH '79 TRUSTEE 1.00 X 0 0 0 DANIEL J BRICKMAN '80 TRUSTEE 1.00 X 0 0 0 CASEY CHROUST '97 TRUSTEE 1.00 X 0 0 0 LISA M COLEMAN '88 TRUSTEE 1.00 X 0 0 0 MARCUS COLWELL '84 TRUSTEE (BEG.1/20) 1.00 X 0 0 0 KATHRYN CORREIA '79 TRUSTEE 1.00 X 0 0 0 JOHN V FARACI JR '72 CHAIR (UNTIL 1/20) 1.00 X X 0 0 0 JEREMY J FLUG '83 TRUSTEE 1.00 X 0 0 0 KRISTEN FITZWILLIAM GIARRUSSO '84 VICE CHAIR/TREASURER 1.00 X X 0 0 0 JAMES T GLERUM JR '82 TRUSTEE 1.00 X 0 0 0 MATTHEW J HARRINGTON '84 TRUSTEE 1.00 X 0 0 0 DAVID J HOOKER '72 TRUSTEE 1.00 X 0 0 0 PAUL W HYLBERT '66 TRUSTEE 1.00 X 0 0 0 JEFF JOHNSON '81 TRUSTEE 1.00 X 0 0 0 RICHARD A KIENZLE '85 TRUSTEE 1.00 X 0 0 0 SUZANNE B KRISCUNAS '72 TRUSTEE 1.00 X 0 0 0 MARC B LAUTENBACH '83 VICE CHAIR (BEG.1/20) 1.00 X X 0 0 0 ERIC LINDBERG '93 TRUSTEE 1.00 X 0 0 0 DOUGLAS W MABIE '86 TRUSTEE 1.00 X 0 0 0 LADY TRISH MALLOCH-BROWN '86 TRUSTEE 1.00 X 0 0 0 JEFFREY MASTEN '86 TRUSTEE 1.00 X 0 0 0 STEVEN P MATTEUCCI '78 TRUSTEE 1.00 X 0 0 0 ELENA METH '19 TRUSTEE 1.00 X 0 0 0 AMY TODD MIDDLETON '93 TRUSTEE 1.00 X 0 0 0 WILLIAM C MULLIGAN '76 TRUSTEE 1.00 X 0 0 0 STEPHEN POLK '78 TRUSTEE 1.00 X 0 0 0 GEORGE V RUSSELL '88 TRUSTEE 1.00 X 0 0 0 LEWIS A SACHS '85 CHAIR (BEG.1/20) 1.00 X X 0 0 0 KELSEY SCHWIMMER '18 TRUSTEE 1.00 X 0 0 0 THOMAS E SZYKOWNY '79 TRUSTEE 1.00 X 0 0 0 G JACKSON TANKERSLEY JR '72 TRUSTEE 1.00 X 0 0 0 JAMIE K THORSEN '77 TRUSTEE 1.00 X 0 0 0 KENNETH E WEGNER '85 TRUSTEE 1.00 X 0 0 0 SUSAN D WHITING '78 TRUSTEE 1.00 X 0 0 0 ADAM S WEINBERG PRESIDENT 40.00 X 559894 0 294439 DAVID A ENGLISH VP FINANCE & MGMT 40.00 X 286884 0 54548 JULIA BEYER HOUPT SECRETARY.VP INST.ADV. 40.00 X 258588 0 66343 KIMBERLY A COPLIN PROVOST 40.00 X 251778 0 60874 KATHLEEN R BROWNE CHIEF INVESTMENT OFFICER 40.00 X 833074 0 215949 LAUREL KENNEDY VP STUDENT DEVELOPMENT 40.00 X 211803 0 44899 GREGORY W SNEED VP ENROLLMENT MGMT 40.00 X 225415 0 55439 ANTHONY J LISSKA PROFESSOR 40.00 X 211426 0 56974 GREGORY R BADER ASSOC VP- INST.ADV. 40.00 X 242323 0 38012 DAVID O WOODYARD PROFESSOR 40.00 X 202858 0 54135 JOSHUA M BEITZEL DIRECTOR OF INVESTMENTS 40.00 X 197679 0 75897 DAVID A BARCUS DIRECTOR OF INVESTMENTS 40.00 X 190585 0 77893 3672307 0 1095402 85 0 1 0 ROBERTSON CONSTRUCTION SERVICES INC 1801 THORNWOOD DRIVE SW HEATH OH 43056 CONSTRUCTION MGMT. 25103033 BON APPETIT MANAGEMENT CO C/O DENISON UNIV PO BOX 810 GRANVILLE OH 43023 FOOD SVC. MANAGEMENT 6075220 LINCOLN CONSTRUCTION INC 4790 SHUSTER ROAD COLUMBUS OH 43214 CONSTRUCTION MGMT. 2932187 AYERS SAINT GROSS ARCHITECTURE PC 1040 HULL ST STE 100 BALTIMORE MD 21230 ARCHITECTURAL SERVICES 1138161 BARTON MALOW BUILDERS 26500 AMERICAN DRIVE SOUTHFIELD MI 48034 CONSTRUCTION MGMT. 853564 28 138516 1117406 31339250 4669118 32595172 TUITION AND FEES 900099 119288862 119288862 AUXILIARY SERVICES 900099 28775334 27796153 979181 BOOKSTORE 541800 387475 343033 44442 INTEREST - STUDENT LOANS 900099 56020 56020 RECREATION CENTER MEMBERSHIPS 713940 31545 31545 1607294 1607294 150146530 6263658 6263658 895995 895995 72000 0 72000 72000 72000 375515926 316956855 58559071 58559071 58559071 INC. FROM PARTNERSHIPS 525990 -22774 -22774 -22774 248509652 149091362 1032394 65790724 231994 231994 65730913 65730913 736049 736049 2795902 519434 2118146 158322 57870835 50459954 4437795 2973086 4667854 4050645 346742 270467 12029208 10536882 985436 506890 4087449 3511977 364558 210914 5526724 5526724 189919 59919 130000 89725 36020 53705 2311890 3357 2308533 2828330 2469626 292553 66151 497811 351172 146639 2233132 1823536 73989 335607 2900029 2548219 235902 115908 5453861 5368928 84933 2467026 2017173 210042 239811 6934203 6026908 617392 289903 12884997 12726645 176526 -18174 291686 165778 125908 STUDENT PROGRAMS 2796320 2773753 22567 FACILITIES ALLOCATIONS 1292642 1148377 97945 46320 LIBRARY RESOURCES 1056695 1056695 HISTORIC GRANVILLE INN 898155 898155 4187849 2234985 1727900 224964 202991198 183013818 14557211 5420169 12400 13155 63923086 74706433 35391797 46156905 857258 734509 663745 612517 759587 770089 520133008 193209938 298640790 326923070 653386447 655458219 284546375 285999399 4457467 4076724 14940613 15942667 1357579565 1411393687 29200364 29383549 188796960 176570178 0 45000000 24672123 25543897 242669447 276497624 X 471008956 477904659 643901162 656991404 1114910118 1134896063 1357579565 1411393687 X 45518454 -23530944 -2001565 X 0 1 X 1 1 1 X 23100324 35084506 30785322 25051505 32595172 146616829 23100324 35084506 30785322 25051505 32595172 146616829 9720021 136896808 4493688 8263726 9933068 8998678 7208879 38898039 185514868 715600079 0.73790 0.73990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 889252029 30433200 37542164 11807577 31116289 914303527 851697224 10280334 68266941 11379862 29612608 889252029 799420398 15174247 75861783 10908258 27850946 851697224 725829566 12311432 99359906 10693292 27387214 799420398 814564881 7278192 -57060569 10162221 28790717 725829566 0.36070 0.24710 0.39220 1 0 2461349 2461349 379865328 125236969 254628359 52685746 36404739 16281007 100000 85020585 31568230 53552355 326923070 PRIVATE EQUITY FUNDS 217630179 F REAL ESTATE FUNDS 68369220 F 285999399 LIAB.TO BENEF.-SPLIT INT.AGREEMENTS 4760798 LIAB.FOR POST-RETIRE.HEALTH BEN 18576650 REFUNDABLE ADVANCES-PERKINS LOANS 1509829 REFUNDABLE ADVANCES-OTHER 696620 25543897 X 155187781 -23530944 -67655611 -91186555 246374336 3014157 -878841 2135316 248509652 135165970 878841 878841 134287129 3014157 65689912 68704069 202991198 PART III, LINE 1A: ART COLLECTION FINANCIAL STATEMENT FOOTNOTE: ART COLLECTION - THE UNIVERSITY'S MUSEUM AND LIBRARY HOUSE NUMEROUS WORKS OF ART, HISTORICAL TREASURES, LITERARY WORKS AND ARTIFACTS. THESE COLLECTIONS ARE PROTECTED FOR PUBLIC EXHIBITION, EDUCATION AND RESEARCH. THEY ARE NEITHER DISPOSED OF FOR FINANCIAL GAIN NOR ENCUMBERED IN ANY MANNER. ACCORDINGLY, SUCH COLLECTIONS ARE NOT RECORDED FOR FINANCIAL STATEMENT PURPOSES. PART III, LINE 4: DESCRIPTION OF ORGANIZATION'S ART COLLECTION - DENISON UNIVERSITY'S COLLECTION CURRENTLY NUMBERS NEARLY 8,000 ITEMS. THESE OBJECTS COME FROM MULTIPLE AREAS OF THE WORLD, BUT PRIMARILY DERIVE FROM ASIA, EUROPE, AND NORTH AND CENTRAL AMERICA. A WIDE VARIETY OF MEDIA, INCLUDING STONE, WOOD, PAPER, LACQUER, METAL, IVORY, AND OILS, IS REPRESENTED IN THE COLLECTION. THE COLLECTIONS ARE NOT USED FOR ANY FINANCIAL BENEFIT TO THE INSTITUTION. WE DO NOT COLLECT ENTRANCE FEES FOR THE EXHIBITIONS, ARE OPEN TO THE PUBLIC YEAR-ROUND AND HAVE COLLECTION OBJECTS ON DISPLAY THROUGHOUT THE YEAR, AND DO NOT HAVE ANY OTHER PROFIT-CENTERS (MUSEUM SHOP, CAFE, BOOKSTORE, ETC.) THAT CAPITALIZE ON OUR COLLECTIONS. THESE COLLECTIONS FURTHER OUR EXEMPT PURPOSE BY PROVIDING OPPORTUNITIES FOR SCHOLARLY LEARNING AND RESEARCH WITHIN THE DENISON UNIVERSITY COMMUNITY. THE COLLECTIONS ARE NOT CAPITALIZED. PART V, LINE 4: INTENDED USE OF ENDOWMENT FUNDS - EARNINGS FROM ENDOWMENT FUNDS ARE USED FOR PURPOSES SPECIFIED BY DONORS, INCLUDING THE FOLLOWING: SCHOLARSHIPS AND PRIZES, FACULTY SALARIES AND ACADEMIC PROGRAMS, LIBRARY BOOKS, FACILITY MAINTENANCE, GENERAL OPERATIONS OF THE UNIVERSITY, AND MISCELLANEOUS OTHER PURPOSES. PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE - FEDERAL INCOME TAX - THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. THE UNIVERSITY AND SUBSIDIARIES RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE UNIVERSITY AND SUBSIDIARIES, THE CONTINUED TAX-EXEMPT STATUS OF BONDS ISSUED BY THE UNIVERSITY AND SUBSIDIARIES, AND VARIOUS POSITIONS RELATED TO POTENTIAL SOURCES OF UNRELATED TAXABLE INCOME. THE UNIVERSITY AND SUBSIDIARIES BELIEVE THAT THEY HAVE APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN AND, AS SUCH, DO NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. AS OF JUNE 30, 2020, THE UNIVERSITY'S INCOME TAX YEARS FROM 2016 AND THEREAFTER REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, AS WELL AS VARIOUS STATE AND LOCAL TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID, WHICH WAS NETTED WITH TUITION REVENUE ON FINANCIAL STATEMENTS BUT SHOWN AS AN EXPENSE IN PART IX OF FORM 990 -65,689,912. POST-RETIREMENT RELATED CHANGES OTHER THAN NET PERIODIC POST-RETIREMENT COST -1,922,955. ACTUARIAL ADJUSTMENT OF SPLIT INTEREST AGREEMENTS -42,744. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF SALES FROM BOOKSTORE WHICH WERE NETTED WITH REVENUE ON PART VIII OF FORM 990 -878,841. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES FROM BOOKSTORE WHICH WERE NETTED WITH REVENUE ON PART VIII OF FORM 990 878,841. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID, WHICH WAS NETTED WITH TUITION REVENUE ON FINANCIAL STATEMENTS BUT SHOWN AS AN EXPENSE IN PART IX OF FORM 990 65,689,912. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 DENISON UNIVERSITY CUSTOMARILY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS NATIONWIDE AND WORLDWIDE, AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY WITH REGARD TO ITS STUDENTS. SCHEDULE E, PART I, LINE 6 AID FROM A GOVERNMENTAL AGENCY - THE UNIVERSITY RECEIVES FEDERAL FUNDING FOR ITS VARIOUS STUDENT FINANCIAL AID PROGRAMS INCLUDING THE PELL GRANT PROGRAM, THE SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM, THE FEDERAL WORK STUDY PROGRAM, AND THE PERKINS LOAN PROGRAM. ADDITIONALLY, THE UNIVERSITY HAS RECEIVED FUNDING THROUGH VARIOUS FEDERAL AGENCIES IN FURTHERANCE OF SPECIFIC RESEARCH PROJECTS. 1 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM 45418 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM 85156 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM 520783 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM 4066 NORTH AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM 9081 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM 31552 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM 15351 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM 24642 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 371807306 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 1038325 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 INVESTMENTS 2736926 0 0 0 0 0 0 736049 375582557 376318606 EDUCATIONAL SCHOLARSHIPS CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 5 45418 CHECK 0 EDUCATIONAL SCHOLARSHIPS EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 7 85156 CHECK 0 EDUCATIONAL SCHOLARSHIPS EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 56 520783 CHECK 0 EDUCATIONAL SCHOLARSHIPS MIDDLE EAST AND NORTH AFRICA 1 4066 CHECK 0 EDUCATIONAL SCHOLARSHIPS NORTH AMERICA 1 9081 CHECK 0 EDUCATIONAL SCHOLARSHIPS SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 4 31552 CHECK 0 EDUCATIONAL SCHOLARSHIPS SOUTH ASIA 1 15351 CHECK 0 EDUCATIONAL SCHOLARSHIPS SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 2 24642 CHECK 0 1 0 0 1 1 0 PART I, LINE 2: MONITORING THE USE OF GRANT FUNDS - ALL GRANTS REPRESENT SCHOLARSHIPS AWARDED TO INDIVIDUALS STUDYING OUTSIDE OF THE U.S. SCHOLARSHIP FUNDS ARE SENT DIRECTLY TO THE INSTITUTIONS AT WHICH THE INDIVIDUALS ARE STUDYING. AT THE COMPLETION OF THE COURSE OF STUDY, THE INSTITUTION AWARDS ACADEMIC CREDIT TO THE STUDENTS, WHICH ARE THEN TRANSFERRED TO DENISON. IN THIS WAY, WE KNOW THE FUNDS WERE INDEED USED FOR SCHOLARSHIP PURPOSES. PART III ACCOUNTING METHOD: 1 GRANVILLE TOWNSHIP BOARD OF TRUSTEES PO BOX 315 GRANVILLE OH 43023 316400514 115 65000 FMV ANNUAL FIRE DEPARTMENT ASSISTANCE GRANVILLE TOWNSHIP FIRE DEPT 133 N PROSPECT STREET GRANVILLE OH 43023 310953933 115 41602 FMV ASSISTANCE WITH EMERGENCY RADIOS PURCHASE ONE COLUMBUS 150 S FRONT STREET SUITE 200 COLUMBUS OH 43215 271509231 501(C)(3) 10000 FMV REGIONAL GROWTH STRATEGY THE WORKS OHIO CENTER FOR HISTORY ART AND TECHNOLOGY 55 S 1ST STREET NEWARK OH 43055 311395941 501(C)(3) 30000 FMV CORPORATE AND EVENT SPONSORSHIP GRANVILLE EXEMPTED VILLAGE SCHOOL DISTRICT 130 N GRANGER STREET GRANVILLE OH 43023 316400513 115 10000 FMV COMMUNITY SPONSORSHIP CAPA 55 E STATE STREET COLUMBUS OH 43215 310749884 501(C)(3) 9000 FMV GALA CELEBRATION SPONSOR FOOD PANTRY NETWORK OF LICKING COUNTY 1035 BRICE STREET NEWARK OH 43055 311028761 501(C)(3) 20000 FMV TO ESTABLISH A TEMPORARY SITE IN GRANVILLE LICKING MEMORIAL HOSPITAL 1320 W MAIN STREET NEWARK OH 43055 314379519 501(C)(3) 7050 FMV GREENS AND CART FEES GOLF GALA SPONSORSHIP 5 3 EDUCATIONAL SCHOLARSHIPS 2287 65689912 0 PART I, LINE 2: MONITORING THE USE OF GRANT FUNDS - ALL SCHOLARSHIPS AND GRANTS ARE BASED ON FINANCIAL NEED OR ACADEMIC MERIT. INDIVIDUALS RECEIVING DISTRIBUTIONS FROM THE UNIVERSITY ARE CHOSEN BASED UPON OBJECTIVE AND NON-DISCRIMINATORY CRITERIA WHICH ARE CONSISTENT WITH THE OVERALL TAX-EXEMPT PURPOSE OF THE UNIVERSITY. SCHOLARSHIPS ARE EITHER APPLIED TO STUDENTS' INDIVIDUAL ACCOUNTS AT DENISON, OR SENT DIRECTLY TO THE OFF-CAMPUS PROGRAM WITHIN THE UNITED STATES AT WHICH THE STUDENT IS STUDYING. GRANTS TO OTHER ORGANIZATIONS ARE FOR SPECIFIC PURPOSES AS REQUESTED BY THE ORGANIZATION. X X X 1 1 X X X X 0 1 0 0 0 0 0 1 1 1 ADAM S WEINBERG PRESIDENT 533790 0 0 0 26104 0 264105 0 30334 0 854333 0 0 0 DAVID A ENGLISH VP FINANCE & MGMT 269903 0 0 0 16981 0 35355 0 19193 0 341432 0 0 0 JULIA BEYER HOUPT SECRETARY.VP INST.ADV. 203274 0 0 0 55314 0 33083 0 33260 0 324931 0 0 0 KIMBERLY A COPLIN PROVOST 230517 0 0 0 21261 0 31749 0 29125 0 312652 0 0 0 KATHLEEN R BROWNE CHIEF INVESTMENT OFFICER 363476 0 425000 0 44598 0 195355 0 20594 0 1049023 0 335000 0 LAUREL KENNEDY VP STUDENT DEVELOPMENT 187338 0 0 0 24465 0 25284 0 19615 0 256702 0 0 0 GREGORY W SNEED VP ENROLLMENT MGMT 206109 0 0 0 19306 0 28033 0 27406 0 280854 0 0 0 ANTHONY J LISSKA PROFESSOR 166525 0 0 0 44901 0 32777 0 24197 0 268400 0 0 0 GREGORY R BADER ASSOC VP- INST.ADV. 210970 0 12000 0 19353 0 34005 0 4007 0 280335 0 6000 0 DAVID O WOODYARD PROFESSOR 154196 0 0 0 48662 0 30064 0 24071 0 256993 0 0 0 JOSHUA M BEITZEL DIRECTOR OF INVESTMENTS 138781 0 45000 0 13898 0 47063 0 28834 0 273576 0 0 0 DAVID A BARCUS DIRECTOR OF INVESTMENTS 134043 0 45000 0 11542 0 46388 0 31505 0 268478 0 0 0 PART I, LINE 1A BENEFITS PROVIDED TO CERTAIN OFFICERS - DENISON UNIVERSITY PROVIDES THE FOLLOWING BENEFITS TO CERTAIN EMPLOYEES: HOUSING: THE PRESIDENT AND THE DEAN OF STUDENTS LIVE IN UNIVERSITY-OWNED HOUSING. THIS HOUSING IS REQUIRED AS A CONDITION OF EMPLOYMENT FOR THESE EMPLOYEES AND THEREFORE IS NOT CONSIDERED TAXABLE COMPENSATION. CLUB DUES: THE UNIVERSITY PAYS MEMBERSHIP DUES FOR ITS PRESIDENT. THE PERSONAL USE PORTION OF THE DUES IS TREATED BY THE UNIVERSITY AS TAXABLE COMPENSATION TO THE PRESIDENT. PERSONAL SERVICES: THE UNIVERSITY PROVIDES CUSTODIAL SERVICES FOR THE UNIVERSITY-OWNED RESIDENCES OF THE PRESIDENT AND DEAN OF STUDENTS. THESE SERVICES ARE NOT TREATED AS TAXABLE COMPENSATION TO THESE INDIVIDUALS. PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED DEFERRED COMPENSATION PLAN - THE UNIVERSITY OFFERS A SECTION 457(B) PLAN TO CERTAIN HIGHLY PAID EMPLOYEES. THIS PLAN ALLOWS A PARTICIPANT TO DEFER A PORTION OF THEIR COMPENSATION INTO THE PLAN. NONQUALIFIED DEFERRED COMPENSATION PLAN - THE UNIVERSITY'S PRESIDENT PARTICIPATES IN THE DENISON UNIVERSITY SUPPLEMENTAL RETIREMENT PLAN, WHICH WAS EFFECTIVE JULY 1, 2018. THE PURPOSE OF THE PLAN IS TO PROVIDE DEFERRED COMPENSATION BENEFITS IF THE PRESIDENT MEETS CERTAIN PERFORMANCE GOALS SPECIFIED AND EVALUATED BY THE BOARD OF TRUSTEES WHO ARE INDEPENDENT OF HIM. THE NONVESTED AMOUNT ASSOCIATED WITH CALENDAR YEAR 2019 HAS BEEN ESTIMATED TO BE $228,750 AND IS INCLUDED IN COLUMN C OF PART II OF SCHEDULE J, AS REQUIRED BY THE INSTRUCTIONS FOR FORM 990 AND SCHEDULE J. THE PRESIDENT IS NOT VESTED IN THIS AMOUNT AND MAY NEVER RECEIVE THIS BENEFIT. FULL VESTING IN THE DEFERRED COMPENSATION PLAN WILL NOT OCCUR UNTIL JUNE 30, 2025. PARTIAL VESTING MAY OCCUR UPON THE OCCURRENCE OF CERTAIN EVENTS INCLUDING DISABILITY AND INVOLUNTARY TERMINATION OTHER THAN FOR CAUSE. PART I, LINE 7 OTHER PAYMENTS PROVIDED TO KEY EMPLOYEE - THE EMPLOYMENT CONTRACT FOR THE CHIEF INVESTMENT OFFICER (CIO) CONTAINS INCENTIVE COMPENSATION PROVISIONS WHICH GRANT HER BONUSES FOR RETENTION AND PERFORMANCE. REPORTABLE COMPENSATION OF $425,000 HAS BEEN INCLUDED IN BOX 5 OF THE CIO'S 2019 FORM W-2 AND CONSISTS OF $185,000 AS A RETENTION BONUS FOR 2018 AND A GUARANTEED PERFORMANCE BONUS OF $240,000 FOR FISCAL 2019. INCLUDED IN COLUMN C OF PART II OF SCHEDULE J ARE ESTIMATED NONVESTED AMOUNTS ASSOCIATED WITH HER INCENTIVE PROGRAM THAT TOTAL $160,000. THE CIO MAY NEVER RECEIVE THESE BENEFITS DUE TO VESTING REQUIREMENTS. PARTIAL VESTING MAY OCCUR UPON HER DEATH, DISABILITY OR INVOLUNTARY TERMINATION OTHER THAN FOR CAUSE. THE PROVISIONS OF THE CIO'S INITIAL EMPLOYMENT CONTRACT, INCLUDING CRITERIA FOR PERFORMANCE BONUSES, WERE NEGOTIATED AND DETERMINED BY PEOPLE WHO WERE INDEPENDENT OF HER. PART I, LINE 8 INITIAL CONTRACT EXCEPTION - AS MORE FULLY DECRIBED ABOVE IN THE NARRATIVE FOR PART I, LINE 7, THE CHIEF INVESTMENT OFFICER (CIO) QUALIFIES FOR THE INITIAL CONTRACT EXCEPTION DESCRIBED IN REGULATION SECTION 53.4958-4(A)(3). THE CIO WAS NOT A DISQUALIFIED PERSON, WITHIN THE MEANING OF SECTION 4958(F)(1), WITH RESPECT TO DENISON UNIVERSITY IMMEDIATELY PRIOR TO ENTERING INTO THE BINDING, WRITTEN EMPLOYMENT CONTRACT. THE CONTRACT SPECIFIES HER ANNUAL COMPENSATION, FIXED PAYMENTS FOR RETENTION, AND OTHER PERFORMANCE-BASED INCENTIVE COMPENSATION. A OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756A4Y5 2012-05-22 35507811 EDUC.FACILITIES&REFUND 2001&2004 BONDS 0 0 0 B OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756AAS5 2013-04-04 18145000 REFUND 2004 BONDS 0 0 0 C OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756DGU4 2015-07-22 67892146 EDUC.FACILITIES&REFUND 2007&2010 BONDS 0 0 0 D OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756BE71 2017-05-23 30276243 EDUC.FACILITIES 0 0 0 A 12155000 35536932 10218964 286734 25031220 14 2015 0 1 1 1 B 7425000 18145000 17945490 198250 1260 2015 0 1 1 1 C 9545000 67496854 42018987 474202 25003665 2019 0 1 1 1 D 5405000 30865418 272832 30589121 3466 2020 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 0 B 0 C 0 D 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: OHIO HIGHER EDUCATIONAL FACILITY COMMISSION DATE THE REBATE COMPUTATION WAS PERFORMED: 05/01/2015 A OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756BF88 2017-08-08 32945460 REFUND 2007 BONDS 0 0 0 B OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756DSY3 2019-03-15 41178667 EDUC.FACILITIES 0 0 0 A 5375000 33681352 33384250 297102 2019 0 1 1 1 B 42154161 405372 25502118 16246672 0 0 0 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 0 B 0 X 163 4472918 FMV X SOFTWARE SVCS 1 196200 CONTRACT AMT. 0 0 1 1 PART I, LINE 32B: USE OF THIRD PARTIES - DENISON UNIVERSITY USES A THIRD-PARTY BROKER TO PROCESS AND SELL ALL GIFTS OF PUBLICLY TRADED SECURITIES. THE FEES CHARGED BY THE BROKER FOR THESE SERVICES ARE AT FAIR MARKET VALUE. FORM 990, PART III, LINE 1 - MISSION STATEMENT: OUR PURPOSE IS TO INSPIRE AND EDUCATE OUR STUDENTS TO BECOME AUTONOMOUS THINKERS, DISCERNING MORAL AGENTS AND ACTIVE CITIZENS OF A DEMOCRATIC SOCIETY. THROUGH AN EMPHASIS ON ACTIVE LEARNING, WE ENGAGE STUDENTS IN THE LIBERAL ARTS, WHICH FOSTERS SELF-DETERMINATION AND DEMONSTRATES THE TRANSFORMATIVE POWER OF EDUCATION. WE ENVISION OUR STUDENTS' LIVES AS BASED UPON RATIONAL CHOICE, A FIRM BELIEF IN HUMAN DIGNITY AND COMPASSION UNLIMITED BY CULTURAL, RACIAL, SEXUAL, RELIGIOUS OR ECONOMIC BARRIERS, AND DIRECTED TOWARD AN ENGAGEMENT WITH THE CENTRAL ISSUES OF OUR TIME. OUR CURRICULUM BALANCES BREADTH WITH DEPTH, BUILDING ACADEMIC SPECIALIZATION UPON A LIBERAL ARTS FOUNDATION IN THE ARTS, THE SCIENCES, THE SOCIAL SCIENCES AND THE HUMANITIES. RESPONSIVE TO NEW WAYS OF LEARNING, WE CONTINUE TO DEVELOP INTERDISCIPLINARY INTEGRATION OF THE MANY FORMS OF KNOWLEDGE. WHILE OUR STUDENTS PURSUE SPECIALIZED LEARNING IN THEIR CHOSEN MAJORS, THEY ALSO DEVELOP THE FRAMEWORK FOR AN INTEGRATED INTELLECTUAL LIFE, SPIRITUALLY AND MORALLY INFORMED. OUR FACULTY IS COMMITTED TO UNDERGRADUATE EDUCATION. AS TEACHER-SCHOLAR-ADVISORS, THEIR PRINCIPAL RESPONSIBILITY IS EFFECTIVE TEACHING INFORMED BY THE BEST SCHOLARSHIP. FACULTY MEMBERS PLACE A PRIORITY ON CLOSE INTERACTION WITH STUDENTS, INTERACTIVE LEARNING, AND PARTNERSHIPS WITH STUDENTS IN ORIGINAL RESEARCH. OUR LOW STUDENT/FACULTY RATIO ALLOWS FOR CLOSE SUPERVISION OR INDEPENDENT RESEARCH AND COLLABORATIVE WORK IN SMALL GROUPS AND CLASSES. WE SEEK TO ENSURE AN EVER-BROADER RANGE OF RACIAL, ETHNIC, INTERNATIONAL AND SOCIOECONOMIC BACKGROUNDS IN A STUDENT BODY OF ABOUT 2,100 STUDENTS. WE OFFER DIFFERENT KINDS OF FINANCIAL AID TO MEET THE DIFFERENT NEEDS OF OUR STUDENTS. THE FOCUS OF STUDENT LIFE AT DENISON IS A CONCERN FOR THE WHOLE PERSON. THE UNIVERSITY PROVIDES A LIVING-LEARNING ENVIRONMENT SENSITIVE TO INDIVIDUAL NEEDS YET GROUNDED IN A CONCERN FOR COMMUNITY, IN WHICH THE PRINCIPLES OF HUMAN DIGNITY AND ETHICAL INTEGRITY ARE PARAMOUNT. STUDENTS ENGAGE IN A WIDE RANGE OF CO-CURRICULAR ACTIVITIES THAT ADDRESS THE MULTIDIMENSIONAL CHARACTER OF THEIR INTELLECTUAL AND PERSONAL JOURNEY. DENISON IS A COMMUNITY IN WHICH INDIVIDUALS RESPECT ONE ANOTHER AND THEIR ENVIRONMENT. EACH MEMBER OF THE COMMUNITY POSSESSES A FULL RANGE OF RIGHTS AND RESPONSIBILITIES. FOREMOST AMONG THESE IS A COMMITMENT TO TREAT EACH OTHER AND THE ENVIRONMENT WITH MUTUAL RESPECT, TOLERANCE, AND CIVILITY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW - FORM 990 WAS PRESENTED TO THE FINANCE & AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR THEIR REVIEW AT THEIR APRIL, 2021 MEETING. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICT POLICY - RESPONSES TO THE CONFLICT OF INTEREST QUESTIONNAIRE ARE REVIEWED ANNUALLY BY THE COMMITTEE ON TRUSTEE AFFAIRS. RESULTS OF THE REVIEW ARE REPORTED TO THE FULL BOARD. PROCEDURALLY, THE HUMAN RESOURCE OFFICE AND/OR THE PRESIDENT'S OFFICE ANNUALLY DISTRIBUTES THE CONFLICT OF INTEREST QUESTIONNAIRES FOR COMPLETION BY TRUSTEES, OFFICERS, ADMINISTRATIVE STAFF AND TEACHING FACULTY ACTING IN ADMINISTRATIVE CAPACITIES. THE COMPLETED FORMS ARE REVIEWED WHEN RETURNED. TO THE EXTENT THAT THOSE COMPLETED BY BOARD MEMBERS OR SENIOR ADMINISTRATORS REVEAL A POSSIBLE CONFLICT OF INTEREST, THEY ARE FORWARDED TO THE COMMITTEE FOR FURTHER CONSIDERATION. ADDITIONALLY, IF THERE IS REASONABLE CAUSE TO BELIEVE THAT ANYONE HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, THE COMMITTEE SHALL BE INFORMED AND PURSUE THESE CONCERNS. THE PRESIDENT OR HER/HIS DESIGNEE REVIEWS THE COMPLETED QUESTIONNAIRES BY ALL OTHER MEMBERS OF THE ADMINISTRATION AND MEMBERS OF THE TEACHING FACULTY ACTING IN AN ADMINISTRATIVE CAPACITY AND PROPERLY CARRY OUT THE PROVISIONS OF THE POLICY ON ALL MATTERS OF A CONFLICT OF INTEREST. THE PRESIDENT OR HER/HIS DESIGNEE WILL PROVIDE A WRITTEN REPORT TO THE CHAIR OF THE BOARD ON ALL MATTERS OF CONFLICT OF INTEREST WHICH HE OR SHE HAS ADDRESSED ADMINISTRATIVELY. DENISON'S POLICY DETAILS SPECIFIC PROCEDURES FOR HANDLING POTENTIAL CONFLICTS OF INTEREST. FAMILY AND BUSINESS RELATIONSHIPS ARE DISCLOSED IN THE FORM 990. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW AND APPROVAL - AT ITS APRIL MEETING EACH YEAR, THE BOARD OF TRUSTEES DELEGATES TO ITS CHAIR AND TWO VICE CHAIRS THE AUTHORITY TO REVIEW AND APPROVE COMPENSATION LEVELS FOR THE SENIOR ADMINISTRATIVE STAFF OF THE COLLEGE. THE CHAIRS AND VICE CHAIRS DELIBERATE AND APPROVE THESE SALARIES, TYPICALLY IN JUNE, AFTER CONFERRING ON JOB PERFORMANCE AND REVIEWING INDEPENDENTLY COMPILED COMPARABLE INFORMATION. AT ITS OCTOBER MEETING EACH YEAR, THE BOARD RATIFIES THE ACTIONS OF THE CHAIR AND VICE CHAIRS OF THE BOARD WITH REGARD TO THE SALARIES AND THE FOLLOWING IS RECORDED IN THE MINUTES OF THE BOARD SO AS TO PROVIDE ADEQUATE DOCUMENTATION OF THE BASIS FOR DETERMINATION OF SALARIES: - NONE OF THE INDIVIDUALS HOLDING SENIOR POSITIONS ARE MEMBERS OF THIS COMMITTEE OF THE BOARD OF TRUSTEES (CHAIR AND TWO VICE CHAIRS) APPROVING THE SALARIES. - THE CHAIR AND VICE CHAIRS OF THE BOARD CONFERRED ON MATTERS OF JOB PERFORMANCE AND RELIED UPON AN INDEPENDENT VALUATION OF THE COMPENSATION OR CONSIDERATION. THE APPROVED SALARY IN EACH CASE WAS REVIEWED AND COMPARED TO SALARY DATA FOR THE COMPARABLE POSITIONS FOR PEER INSTITUTIONS (DEFINED IN DENISON'S STRATEGIC PLAN) AND A GROUP OF PRIVATE AND INDEPENDENT COLLEGES WITH A COMPARABLE OPERATING BUDGET, USING DATA INDEPENDENTLY COMPILED BY CUPA-HR. - IN ADDITION, COMPENSATION FOR THE PRESIDENT IS COMPARED TO THE TOP 50 LIBERAL ARTS COLLEGES DATA AS COMPILED BY CUPA-HR, AND THE TOP LIBERAL ARTS COLLEGES DATA AS COMPILED BY MERCER FROM FORM 990 DATA. THE SALARIES AWARDED DO NOT PROVIDE BENEFITS IN EXCESS OF THE VALUE OF THE SERVICES BEING RENDERED TO DENISON UNIVERSITY. THE CUPA-HR AND MERCER SALARY INFORMATION USED BY THE CHAIR AND VICE CHAIRS IN ESTABLISHING THE SALARIES OF SENIOR ADMINISTRATORS IS ALSO REVIEWED IN EXECUTIVE SESSION WITH THE ENTIRE BOARD OF TRUSTEES EACH OCTOBER. THIS COMPARATIVE INFORMATION IS MAINTAINED OVER TIME SO AS TO PROVIDE THE BOARD WITH HISTORIC TRENDS AS WELL AS CURRENT INFORMATION. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS - DENISON'S AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC THROUGH OUR FINANCE OFFICE WEBSITE. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST FROM THE VICE PRESIDENT FOR FINANCE AND MANAGEMENT. FORM 990, PART VI, LINE 14 - DOCUMENT RETENTION AND DESTRUCTION POLICY: THE COLLEGE HAS ADOPTED AND FOLLOWS A DOCUMENT RETENTION AND DESTRUCTION POLICY. HOWEVER, THE POLICY HAS NOT YET BEEN APPROVED BY THE BOARD OF TRUSTEES. AS SUCH, WE ARE REQUIRED TO ANSWER "NO" TO THE QUESTION ON LINE 14 OF PART VI EVEN THOUGH THE COLLEGE HAS IMPLEMENTED AND FOLLOWS SUCH A POLICY. FORM 990, PART XI, LINE 9: POST-RETIREMENT RELATED CHARGES OTHER THAN NET PERIODIC POST-RETIREMENT COST -1,922,955. ACTUARIAL ADJUSTMENT OF SPLIT INTEREST AGREEMENTS -42,744. PREFERRED DISTRIBUTION - NON-CONTROLLING INTEREST -35,866. 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