2021-06-14T17:00:14-05:00 2020-07-31 KPMG LLP 550 S Hope St Suite 1500 Los Angeles CA 90071 990 2019-08-01 951644037 PEPPERDINE UNIVERSITY % LAURA PONDER CONTROLLER PEPP 8187021364 24255 PACIFIC COAST HWY MALIBU CA 902634497 GREG G RAMIREZ CONTROLLER 8187021370 2021-06-10 true CAREY MCKEE P01281067 2139724000 2021-06-10 2019 2022-09-23 18:48:47Z JAMES A GASH 24255 PACIFIC COAST HWY MALIBU CA 902634497 902595184 false X WWW.PEPPERDINE.EDU X 1937 CA PEPPERDINE UNIVERSITY IS A CHRISTIAN UNIVERSITY COMMITTED TO THE HIGHEST STANDARDS OF EXCELLENCE AND CHRISTIAN VALUES, (CONTINUED SCHEDULE O) 30 24 5090 29 3290835 44395 34179043 55834209 435858309 465020833 63810698 49222083 9538651 10097077 543386701 580174202 121289831 135876149 0 0 207596289 219172425 38808 0 8548073 192379880 200373680 521304808 555422254 22081893 24751948 1930853615 2047744709 536232962 687224852 1394620653 1360519857 X PEPPERDINE UNIVERSITY IS A CHRISTIAN UNIVERSITY COMMITTED TO THE HIGHEST STANDARDS OF ACADEMIC EXCELLENCE AND CHRISTIAN VALUES, WHERE STUDENTS ARE STRENGTHENED FOR LIVES OF PURPOSE, SERVICE, AND LEADERSHIP. THE UNIVERSITY ENROLLS APPROXIMATELY 8,800 STUDENTS IN ITS FIVE COLLEGES AND SCHOOLS. SEAVER COLLEGE, THE UNIVERSITY'S UNDERGRADUATE LIBERAL ARTS COLLEGE, THE CARUSO SCHOOL OF LAW, AND THE SCHOOL OF PUBLIC POLICY ARE HEADQUARTERED ON 830 ACRES IN THE SANTA MONICA MOUNTAINS OVERLOOKING THE PACIFIC OCEAN IN MALIBU, CALIFORNIA. THE GRADUATE SCHOOL OF EDUCATION AND PSYCHOLOGY AND THE PEPPERDINE GRAZIADIO BUSINESS SCHOOL ARE HEADQUARTERED AT THE UNIVERSITY'S WEST LOS ANGELES, CALIFORNIA GRADUATE CAMPUS. false false 200159117 130635560 42116093 STUDENT SERVICES, INCLUDING SCHOLARSHIPS TO ENROLLED STUDENTS - THERE ARE MANY AUXILIARY SERVICES OFFERED TO THE STUDENTS TO PROMOTE THEIR INTELLECTUAL, EMOTIONAL, AND SPIRITUAL DEVELOPMENT. PEPPERDINE UNIVERSITY MAINTAINS MULTIPLE DINING AND HOUSING FACILITIES, A BOOKSTORE, BANKING SERVICES, PARKING FACILITIES LOCATED ALL OVER CAMPUS, TRANSPORTATION SERVICES, RECREATIONAL FIELDS, AND MAIL SERVICES. IN ADDITION TO THESE FACILITIES AND SERVICES, PEPPERDINE OFFERS APPROXIMATELY 82% OF ITS TOTAL STUDENT BODY FINANCIAL AID IN THE FORM OF VARIOUS SCHOLARSHIPS, GRANTS, AND LOANS. 116939716 181343 416511399 INSTRUCTION AND RESEARCH - PEPPERDINE UNIVERSITY IS A TOP CHRISTIAN INSTITUTION FOR HIGHER EDUCATION, AND SERVES APPROXIMATELY 3,600 UNDERGRADUATE STUDENTS AND 5,200 GRADUATE STUDENTS. IN ADDITION TO THE UNIVERSITY'S CAMPUSES IN CALIFORNIA, PEPPERDINE UNIVERSITY MAINTAINS SEVERAL STUDENT LEARNING PROGRAMS IN LOCATIONS SUCH AS EUROPE, ASIA (PROGRAM ENDED DURING FISCAL YEAR 2021), SOUTH AMERICA, AND WASHINGTON D.C. PEPPERDINE UNIVERSITY BELIEVES IN A LOW STUDENT-FACULTY RATIO (13:1), AND HAS AN AVERAGE CLASS SIZE OF 19. THE UNIVERSITY OFFERS 59 MAJORS THAT UNDERGRADUATES CAN PURSUE, AS WELL AS 37 GRADUATE DEGREES, INCLUDING FIVE DOCTORAL DEGREES. 96164381 5057696 6178121 ACADEMIC SUPPORT - PEPPERDINE UNIVERSITY EQUIPS STUDENTS WITH ACADEMIC SUPPORT TO ENSURE STUDENTS REACH THEIR EDUCATIONAL GOALS. UNIVERSITY SERVICES SUCH AS THE LIBRARY, TECH CENTRAL, PEPPERDINE COUNSELING CENTER, THE HEALTH CENTER, AND ONE STOP, WHICH IS THE PRIMARY ACADEMIC ADVISING CENTER, ASSIST IN THE WELL-BEING AND ACADEMIC PROGRESS OF THE UNIVERSITY'S STUDENTS. 20396981 1550 215220 PUBLIC SERVICE 20396981 1550 215220 433660195 true true false true false true false true true true true true false true true false false true true true true false true false true false false true true true true true false false false false true false false true false true false false false true true true true false false true X 12800 0 true 5090 true true true true AR CH GM IT SZ UK false false false true true false false false false false false false true false X 30 24 false false false false false false false true true false false true true true true true true true true false CA KY MD MA MI NH OR SC X X LAURA PONDER CONTROLLER 8187021370 24255 PACIFIC COAST HIGHWAY MALIBU CA 902634497 X ANDREW BENTON PRESIDENT EMERITUS 5.0 0.0 X 1133559 0 217063 LORENZO ROMAR HEAD COACH, BASKETBALL 40.0 0.0 X 750845 0 42749 Charles Pippin SVP FOR INVESTMENTS & CIO 40.0 3.0 X 624484 0 165078 RICK MARRS PROVOST & CHIEF ACADEMIC OFF 40.0 0.0 X 427244 0 311020 GARY HANSON EXECUTIVE VP 40.0 0.0 X 429402 0 221793 DERYCK JANSE VAN RENSBURG DEAN, GRAZIADIO BUSINESS SCHOO 40.0 0.0 X 462179 0 68211 JAMES GASH PRESIDENT & CEO 40.0 3.0 X X 218214 0 306810 SAMUEL HINKLE SVP FOR ADVANCEMENT & CDO 40.0 1.0 X 272140 0 215071 PHIL PHILLIPS SVP FOR ADMINISTRATION & COO 40.0 0.0 X 234480 0 219155 HUNG LE ASSOC. VP & UNIVERSITY REGISTR 40.0 0.0 X 158697 0 294397 DAVID SMITH ASSOC. PROFESSOR & ASSOC. PROV 40.0 0.0 X 295601 0 136140 PAUL CARON DEAN, CARUSO SCHOOL OF LAW 40.0 0.0 X 241758 0 189237 EDWARD LARSON DARLING CHAIR IN LAW & PROFESS 40.0 0.0 X 342219 0 71067 CRISTINA GIBSON DEAN'S DISTINGUISHED PROFESSOR 40.0 0.0 X 332519 0 49424 MICHAEL FELTNER DEAN, SEAVER COLLEGE 40.0 0.0 X 292388 0 79124 MARC GOODMAN GENERAL COUNSEL 40.0 0.0 X 311469 0 41422 JEFFREY ROHDE MANAGING DIRECTOR INVESTMENTS 40.0 0.0 X 297696 0 40278 JONATHAN SEE CHIEF INFORMATION OFFICER 40.0 0.0 X 221275 0 113336 LEE KATS VICE PROVOST & PROFESSOR 40.0 0.0 X 270707 0 37971 HELEN WILLIAMS DEAN, GRADUATE SCHOOL OF EDUCA 40.0 0.0 X 171993 0 129843 CONNIE HORTON VP FOR STUDENT AFFAIRS 40.0 0.0 X 134268 0 164770 RICK GIBSON VP FOR PUBLIC AFFAIRS & CMO 40.0 0.0 X 158078 0 138950 JOAN SINGLETON CFO, THRU 10/19 40.0 3.0 X 235386 0 58635 MICHAEL NICKS DIRECTOR OF INVESTMENTS 40.0 0.0 X 214914 0 68744 SARA YOUNG JACKSON CHANCELLOR 40.0 0.0 X 242623 0 36848 FAYE HOLTON DIRECTOR OF INVESTMENTS 35.0 7.0 X 237914 0 40230 SARA COSENTINO VP FOR CAMPUS OPERATIONS & HR 40.0 0.0 X 202109 0 74155 LANCE BRIDGESMITH ASSOC. VP PLANNING, OPERATIONS 40.0 0.0 X 212861 0 49040 DANIEL DEWALT VP & CHIEF OF STAFF 40.0 3.0 X 208957 0 39314 NICOLLE TAYLOR VP & CHIEF BUSINESS OFFICER 40.0 0.0 X 208053 0 37739 GREG RAMIREZ CFO, AS OF 01/20 40.0 0.0 X 182902 0 25018 MARIAN MITZE FORMER VP, CHIEF OF STAFF 0.0 0.0 X 165762 0 24618 LARRY PERRIN SVP STRATEGIC IMPLEMENTATION 40.0 0.0 X 141657 0 32405 DEE ANNA SMITH CHAIR 1.0 0.0 X X 0 0 0 TERRY GILES VICE CHAIR 1.0 0.0 X X 0 0 0 FREDERICK RICKER VICE CHAIR 1.0 0.0 X X 0 0 0 TIMOTHY PHILLIPS SECRETARY 1.0 0.0 X X 0 0 0 MICHELLE HIEPLER ASSISTANT SECRETARY 1.0 0.0 X X 0 0 0 ALAN BEARD REGENT, AS OF 12/19 1.0 0.0 X 0 0 0 EDWIN BIGGERS REGENT 1.0 0.0 X 0 0 0 M BRETT BIGGS REGENT 1.0 0.0 X 0 0 0 SHEILA BOST REGENT 1.0 0.0 X 0 0 0 CHARLES BRANCH JR REGENT, THRU 06/20 1.0 0.0 X 0 0 0 DALE BROWN REGENT 1.0 0.0 X 0 0 0 JANICE BROWN REGENT, THRU 01/20 1.0 0.0 X 0 0 0 JOSE COLLAZO REGENT, THRU 05/20 1.0 1.0 X 0 0 0 NANCY DE LIBAN REGENT 1.0 0.0 X 0 0 0 SHELLE ENSIO REGENT 1.0 0.0 X 0 0 0 SETH HAYE REGENT 1.0 0.0 X 0 0 0 GAIL HOPKINS REGENT, THRU 06/20 1.0 0.0 X 0 0 0 ERIC JOHNSON REGENT, AS OF 06/20 1.0 0.0 X 0 0 0 PETER JOHNSON JR REGENT 1.0 0.0 X 0 0 0 JOHN KATCH REGENT, THRU 06/20 1.0 0.0 X 0 0 0 DENNIS LEWIS REGENT 1.0 0.0 X 0 0 0 JOHN LEWIS REGENT 1.0 0.0 X 0 0 0 KIMBERLY LINDLEY REGENT 1.0 0.0 X 0 0 0 FAYE MCCLURE REGENT 1.0 0.0 X 0 0 0 VIRGINIA MILSTEAD REGENT, AS OF 06/20 1.0 0.0 X 0 0 0 MICHAEL OKABAYASHI REGENT 1.0 0.0 X 0 0 0 T DANNY PHILLIPS REGENT 1.0 0.0 X 0 0 0 JOHN PLUEGER REGENT 1.0 0.0 X 0 0 0 JAMES PORTER REGENT, THRU 06/20 1.0 3.0 X 0 0 0 HAROLD SMETHILLS REGENT 1.0 3.0 X 0 0 0 ROSA MERCADO SPIVEY REGENT 1.0 0.0 X 0 0 0 STEPHEN STEWART REGENT 1.0 0.0 X 0 0 0 AUGUSTUS TAGLIAFERRI REGENT 1.0 0.0 X 0 0 0 MARTA TOOMA REGENT 1.0 0.0 X 0 0 0 ROBERT WALKER REGENT, THRU 06/20 1.0 0.0 X 0 0 0 JAY WELKER REGENT 1.0 0.0 X 0 0 0 8474138 0 3417136 417 true true false 2U INC 7900 HARKINS ROAD LANHAM MD 20706 E-LEARNING 22797134 SODEXO INC AFFILIATES PO BOX 360170 PITTSBURGH PA 152516170 CATERING & CUSTODIAL 10553798 SUNDT CONSTRUCTION INC 2865 GATEWAY DRIVE SUITE 300 SACRAMENTO CA 95833 CONSTRUCTION 9825031 NCS PEARSON INC 13036 COLLECTION CENTER DRIVE CHICAGO IL 60693 E-LEARNING 7735280 CLUNE CONSTRUCTION COMPANY LP 10 SOUTH RIVERSIDE PLAZA SUITE 220 CHICAGO IL 60606 CONSTRUCTION 3082972 83 870755 7162324 6531574 41269556 8107438 55834209 Student Tuition and Fees 611710 421373192 421373192 Room and Board 611710 34162465 34162465 Sales and Services 611710 721759 721759 Other Revenue 611710 8763417 8763417 465020833 31434357 2831794 28602563 0 0 850071 850071 0 850071 850071 339002129 321214403 17787726 17787726 17787726 397936 870755 1205329 -807393 -807393 3120 1250 1870 1870 0 0 0 Sales and Services 611710 2376117 459041 1917076 Gain on Early Extinguishment of Debt 611710 1076454 1076454 INSURANCE SETTLEMENT 900099 793179 793179 5806779 5806779 10052529 580174202 465020833 3290835 56028325 5043596 5043596 122497422 122497422 8335131 8335131 0 9198728 2595344 5511685 1091699 2747093 1315947 903873 527273 154166653 116880091 32817767 4468795 10939991 7722614 2887678 329699 31057589 21771594 8370293 915702 11062371 7669515 3017198 375658 0 1077264 90305 985825 1134 947614 2725 944889 102516 102516 0 6520198 6520198 42346525 35024612 7108941 212972 6111871 4578339 1470480 63052 8820967 4452397 4206664 161906 9678079 3884552 5793377 150 0 12065001 8649141 3411494 4366 6575087 5789175 752139 33773 0 12548236 11444983 1068640 34613 18114925 14818008 3224457 72460 0 27880040 22805728 4962793 111519 3556639 102653 3453965 21 STUDENT MEALS 7809249 696402 7112847 Construction & Equipment 7648240 1659528 5985479 3233 EQUIPMENT RENTAL & MAINTENANCE 3967295 1652722 2314573 Library Expenses 2144249 2108008 36241 22459685 22069663 249974 140048 555422254 433660195 113213986 8548073 3257617 3007646 147112036 125999205 49925199 57697009 12680862 7700482 895786 1005550 0 0 5782546 5562335 0 0 3998851 4810727 797929991 276763157 447499519 521166834 268215507 556027466 662237691 566808653 17718046 16014162 0 0 311529955 181944640 1930853615 2047744709 48202020 62001347 0 0 18131219 19045050 296999021 217696552 35065192 32384949 0 0 0 0 0 0 137835510 356096954 536232962 687224852 X 848967083 823004296 545653570 537515561 1394620653 1360519857 1930853615 2047744709 X 24751948 -55032510 1714414 -5534648 X false true X true true true X 25472417 30223377 39372267 34179043 55834209 185081313 0 0 25472417 30223377 39372267 34179043 55834209 185081313 3358277 181723036 11144981 10336144 15603552 36177416 32284428 105546521 1797710 1797710 263348 328499 5893348 8953777 10453585 25892557 318318101 2091536977 0.57088 0.56990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false true 2344 false false true 100172 102516 false Form Sch C Part II-B Line 1f THE UNIVERSITY PAID MEMBERSHIP DUES TO THE NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS AND THE ASSOCIATION OF INDEPENDENT CALIFORNIA COLLEGES AND UNIVERSITIES, A PORTION OF WHICH WAS USED BY THE ORGANIZATIONS TO LOBBY FOR HIGHER EDUCATION INITIATIVES. Form Sch C Part II-B Line 1i THE UNIVERSITY HIRED A LOBBYING FIRM IN CONNECTION WITH LAND USE ISSUES. 5 212569 61000 1242438 true true 10098844 X X X false false true X 917551019 53457004 -15420363 15036229 32243556 908307875 904143256 20848280 38449008 45889525 917551019 860333000 13743769 69227350 39160863 904143256 781341000 4519000 112756000 38283000 860333000 785767000 5754000 31352000 41532000 781341000 0.52981 0.41701 0.05318 true true true 28613150 28613150 34143828 674691468 257455778 451379518 41264224 19159592 22104632 19217321 147787 19069534 521166834 ALTERNATIVE INVESTMENTS 565408009 F LIMITED PARTNERSHIPS 1040184 F OTHER INVESTMENTS 360460 F 566808653 ASSETS HELD AS TRUSTEE 59633342 INVESTMENTS IN SUBSIDIARIES 60174175 ASSETS UNDER AGENCY AGREEMENTS 61636594 OTHER INVESTMENTS 500529 181944640 0 U.S. GOVERNMENT STUDENT LOANS 9003980 TAXABLE BOND LIABILITIES 347092974 356096954 378060124 -55032510 -4329319 -59361829 437421953 6520198 136232051 142752249 580174202 413875334 1205329 1205329 412670005 6520198 136232051 142752249 555422254 SCHEDULE D, PART III, LINE 4 - COLLECTION OF ART AND OTHER SIMILAR ASSETS COLLECTIONS CONSIST OF ITEMS ACQUIRED BY THE UNIVERSITY'S LIBRARY THAT REQUIRE SPECIAL HANDLING DUE TO THEIR RARITY, VALUE, AND/OR PHYSICAL CONDITION. THE UNIVERSITY ALSO MAINTAINS AN ARCHIVAL COLLECTION OF OFFICIAL DOCUMENTS, PAPERS, PUBLICATIONS, AND ARTIFACTS OF PEPPERDINE UNIVERSITY AND PERSONS CONNECTED TO THE UNIVERSITY. THESE COLLECTIONS ARE PROTECTED AND PRESERVED FOR EDUCATION, RESEARCH, AND PUBLIC EXHIBITION. SCHEDULE D, PART IV, LINE 2B - ESCROW AND CUSTODIAL ARRANGEMENTS PEPPERDINE UNIVERSITY RECORDS A CUSTODIAL LIABILITY FOR CHARITABLE GIFT ANNUITIES, CHARITABLE REMAINDER TRUSTS, AND LIFE ESTATES THAT ARE SUBJECT TO LIFE INTERESTS OF THE BENEFICIARIES. NO SIGNIFICANT BENEFIT CAN BE REALIZED UNTIL CONTRACTUAL OBLIGATIONS ARE RELEASED. THE UNIVERSITY ALSO ACTS AS THE FISCAL AGENT FOR FUNDS RELATED TO UNIVERSITY SPONSORED AND/OR AFFILIATED PROGRAMS, AS WELL AS STUDENT GROUPS. THE UNIVERSITY DOES NOT OWN THE FUNDS ASSOCIATED WITH THESE GROUPS. SCHEDULE D, PART V, LINE 4 - USE OF ENDOWMENT FUNDS THE INTENT OF PEPPERDINE UNIVERSITY'S ENDOWMENT FUND IS TO GENERATE REVENUES NECESSARY TO SUPPORT THE UNIVERSITY'S EXEMPT PURPOSE, INCLUDING EDUCATION, RESEARCH, AND SCHOLARSHIP. SCHEDULE D, PART XI, LINE 2D - PRESENTATION DIFFERENCES ON FORM 990 Actuarial Adjustment of Trust Obligations (3,780,306) Fundraising Exp Reported as functional Exp on FS 1,205,329 Change in VALUE OF BENEFICIAL INTEREST (1,754,342) ------------ TOTAL (4,329,319) SCHEDULE D, PART XI, LINE 4B - PRESENTATION DIFFERENCES ON FORM 990 GROSS-UP NON-OPERATING EXP REPORTED NET ON FINANCIALS 5,371,299 GROSS-UP FINANCIAL AID REPORTED NET ON FINANCIALS 130,832,553 GROSS-UP IN-KIND DONATIONS 28,199 ------------- TOTAL 136,232,051 SCHEDULE D, PART XII, LINE 2D-PRESENTATION DIFFERENCES ON FORM 990 FUNDRAISING EXP REPORTED NET OF REVENUE ON FORM 990 1,205,329 SCHEDULE D, PART XII, LINE 4B- PRESENTATION DIFFERENCES ON FORM 990 GROSS-UP NON-OPERATING EXP REPORTED GROSS ON FORM 990 5,371,299 GROSS-UP FINANCIAL AID REPORTED GROSS ON FORM 990 130,832,553 GROSS-UP IN-KIND DONATIONS 28,199 ------------- TOTAL 136,232,051 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE-3 PEPPERDINE UNIVERSITY DISPLAYS A NOTICE OF ITS RACIALLY NONDISCRIMINATORY POLICY ON ITS PRIMARY, PUBLICLY ACCESSIBLE INTERNET HOMEPAGE AT ALL TIMES IN ACCORDANCE WITH REV. PROC. 2019-22. SCHEDULE E, PART I, LINE-6a PEPPERDINE UNIVERSITY IS AWARDED GRANTS FROM GOVERNMENT AGENCIES TO PROVIDE FINANCIAL AID TO STUDENTS. THESE GOVERNMENT AGENCIES INCLUDE, BUT ARE NOT LIMITED TO, THE U.S. DEPARTMENT OF EDUCATION, THE CALIFORNIA STUDENT AID COMMISSION, AND THE CORPORATION FOR NATIONAL AND COMMUNITY SERVICE. true Central America and the Caribbean Investments 276675427 Europe (Including Iceland and Greenland) Investments 8049512 Europe (Including Iceland and Greenland) 4 64 Program Services EDUCATIONAL PROGRAMS 11419219 South America 1 22 Program Services EDUCATIONAL PROGRAMS 2609097 East Asia and the Pacific 1 4 Program Services EDUCATIONAL PROGRAMS 2119080 Sub-Saharan Africa Program Services EDUCATIONAL PROGRAMS 4000 Middle East and North Africa 1 Program Services EDUCATIONAL PROGRAMS 4400 Europe (Including Iceland and Greenland) Grantmaking SCHOLARSHIP/FIN ASSIST 5783194 South America Grantmaking SCHOLARSHIP/FIN ASSIST 1728406 East Asia and the Pacific Grantmaking SCHOLARSHIP/FIN ASSIST 823531 6 91 6 91 309215866 309215866 SCHOLARSHIPS / FINANCIAL ASSISTANCE Europe (Including Iceland and Greenland) 277 5783194 STUDENT ACCT N/A N/A SCHOLARSHIPS / FINANCIAL ASSISTANCE South America 65 1728406 STUDENT ACCT N/A N/A SCHOLARSHIPS / FINANCIAL ASSISTANCE East Asia and the Pacific 39 823531 STUDENT ACCT N/A N/A true false true true true false SCHEDULE F, PART I, LINE 2 - MONITORING OF FUNDS PEPPERDINE UNIVERSITY MAINTAINS AN OFFICE OF RESEARCH AND SPONSORED PROGRAMS THAT OVERSEES THE ADMINISTRATION OF ALL GRANTS, DOMESTIC AND INTERNATIONAL, TO ENSURE COMPLIANCE WITH GRANT REQUIREMENTS, AS WELL AS LAWS AND REGULATIONS. FURTHER OVERSIGHT IS PROVIDED BY THE UNIVERSITY'S FINANCE OFFICE. SCHEDULE F, PART I, LINE 3, COLUMN(F) - ACCOUNTING BASIS EXPENDITURES REPORTED IN COLUMN (F) ARE THE REGIONAL EXPENDITURES INCURRED BY THE UNIVERSITY IN U.S. DOLLARS, AND BASED ON THE ACCRUAL BASIS OF ACCOUNTING. SCHEDULE F, PART III, COLUMN (C) - NUMBER OF RECIPIENTS The number of recipients reported in column (c) is determined by reviewing the actual number of students that received aid from THE RESPECTIVE region. SCHEDULE F, PART III, COLUMN (D) - ACCOUNTING BASIS Expenditures identified in column (d) are in U.S. dollars using the accrual basis of accounting. ASSOC. DINNER 385050 245700 139350 11643 237617 240052 180242 GOLF TOURNAMENT 309283 156905 152378 222317 6 574358 468150 106208 1725 28674 54841 124013 104205 1268691 870755 397936 1725 40317 292458 364065 506764 1205329 -807393 true WAVE SERVICES INC 24255 Pacific Coast Highway MALIBU CA 90263 954315778 501(c)(3) 5040096 N/A N/A EDUCATION SUPPORT 1 SCHOLARSHIPS / FINANCIAL AID PAID 6072 122497422 N/A N/A SCHEDULE I, PART I, LINE 2 - MONITORING USE OF FUNDS Grants are provided on the basis of verified financial need or merit. The university does not unlawfully discriminate on the basis of race, color, national or ethnic origin, religion, age, sex, disability, or prior military service. Financial assistance is monitored so that it is in compliance with awarding terms and conditions. Expenditures are reviewed for permissibility and compliance. Students are required to submit appropriate documents for approval. SCHEDULE I, PART III, COLUMN(B) - NUMBER OF RECIPIENTS Cash grants are credits to student accounts. The number of recipients represents only the number of students receiving institutional funding and federal supplemental educational opportunity grants. Outside grants, or application of funds provided by outside organizations, are not included. X X X X X X true true X X X X X false true false false false false false true false JAMES GASH PRESIDENT & CEO 202450 0 15764 54034 0 252776 0 525024 0 0 0 GARY HANSON EXECUTIVE VP 363910 0 25000 40492 110740 111053 0 651195 0 30046 0 SAMUEL HINKLE SVP FOR ADVANCEMENT & CDO 184600 0 5000 82540 104295 0 110776 0 487211 0 63136 0 RICK MARRS PROVOST & CHIEF ACADEMIC OFF 310756 0 116488 139211 0 171809 0 738264 0 85949 0 JOAN SINGLETON CFO, THRU 10/19 216390 0 18996 18917 0 39718 0 294021 0 0 0 PHIL PHILLIPS SVP FOR ADMINISTRATION & COO 196619 0 20000 17861 45803 0 173352 0 453635 0 0 0 GREG RAMIREZ CFO, AS OF 01/20 175285 0 7000 617 17878 0 7140 0 207920 0 0 0 SARA YOUNG JACKSON CHANCELLOR 235337 0 7286 23753 13095 279471 0 0 0 SARA COSENTINO VP FOR CAMPUS OPERATIONS & HR 200538 0 1571 21394 0 52761 0 276264 0 0 0 DANIEL DEWALT VP & CHIEF OF STAFF 188298 0 1500 19159 19229 0 20085 0 248271 0 0 0 LARRY PERRIN SVP STRATEGIC IMPLEMENTATION 120340 0 21317 12500 0 19905 0 174062 0 0 0 NICOLLE TAYLOR VP & CHIEF BUSINESS OFFICER 199265 0 8000 788 20221 0 17518 0 245792 0 0 0 RICK GIBSON VP FOR PUBLIC AFFAIRS & CMO 141605 0 16473 40845 0 98105 0 297028 0 0 0 CONNIE HORTON VP FOR STUDENT AFFAIRS 102158 0 10000 22110 64229 0 100541 0 299038 0 0 0 LEE KATS VICE PROVOST & PROFESSOR 256692 0 10000 4015 26008 0 11963 0 308678 0 0 0 MICHAEL FELTNER DEAN, SEAVER COLLEGE 274902 0 10000 7486 28000 0 51124 0 371512 0 0 0 FAYE HOLTON DIRECTOR OF INVESTMENTS 194153 0 41920 1841 19974 0 20256 0 278144 0 0 0 JEFFREY ROHDE MANAGING DIRECTOR INVESTMENTS 238957 0 58326 413 24104 0 16174 0 337974 0 0 0 JONATHAN SEE CHIEF INFORMATION OFFICER 219191 0 2084 22377 0 90959 0 334611 0 0 0 HELEN WILLIAMS DEAN, GRADUATE SCHOOL OF EDUCA 150614 0 21379 40785 0 89058 0 301836 0 0 0 DERYCK JANSE VAN RENSBURG DEAN, GRAZIADIO BUSINESS SCHOO 455411 0 6768 28000 0 40211 0 530390 0 0 0 MICHAEL NICKS DIRECTOR OF INVESTMENTS 171730 0 41759 1425 18383 0 50361 0 283658 0 0 0 LANCE BRIDGESMITH ASSOC. VP PLANNING, OPERATIONS 206591 0 5000 1270 21060 0 27980 0 261901 0 0 0 PAUL CARON DEAN, CARUSO SCHOOL OF LAW 219895 0 21863 49275 0 139962 0 430995 0 0 0 HUNG LE ASSOC. VP & UNIVERSITY REGISTR 145087 0 13610 57701 0 236696 0 453094 0 0 0 LORENZO ROMAR HEAD COACH, BASKETBALL 709162 0 25000 16683 11200 0 31549 0 793594 0 0 0 EDWARD LARSON DARLING CHAIR IN LAW & PROFESS 274269 0 5000 62950 28000 0 43067 0 413286 0 0 0 MARC GOODMAN GENERAL COUNSEL 268334 0 10000 33135 27327 0 14095 0 352891 0 0 0 CRISTINA GIBSON DEAN'S DISTINGUISHED PROFESSOR 295219 0 37300 5138 0 44286 0 381943 0 0 0 ANDREW BENTON PRESIDENT EMERITUS 484397 0 469663 179499 142975 0 74088 0 1350622 0 111950 0 MARIAN MITZE FORMER VP, CHIEF OF STAFF 104937 0 40000 20825 12698 0 11920 0 190380 0 0 0 DAVID SMITH ASSOC. PROFESSOR & ASSOC. PROV 244813 0 5000 0 45788 0 25572 0 110568 0 431741 0 0 0 Charles Pippin SVP FOR INVESTMENTS & CIO 399331 0 10000 215153 0 125143 0 39935 0 789562 0 200414 0 SCHEDULE J, PART I, LINE 1A - FIRST CLASS TRAVEL FIRST CLASS TRAVEL PURSUANT TO A WRITTEN POLICY AND APPROPRIATE APPROVAL, FIRST CLASS TRAVEL IS PERMITTED FOR CERTAIN OFFICERS AND EMPLOYEES FOR BUSINESS PURPOSES. TRAVEL FOR BUSINESS PURPOSES IS NOT INCLUDED IN TAXABLE WAGES. FIVE OFFICERS, THREE KEY EMPLOYEES, AND THREE HIGHEST COMPENSATED EMPLOYEES LISTED ON FORM 990, PART VII FLEW FIRST CLASS FOR BUSINESS PURPOSES DURING CALENDAR YEAR 2019. TRAVEL FOR COMPANIONS PURSUANT TO A WRITTEN POLICY AND APPROPRIATE APPROVAL, CERTAIN OFFICERSEMPLOYEES' SPOUSES ARE PERMITTED TO TRAVEL ON OCCASION, WHEN NECESSARY FOR BUSINESS PURPOSES. TRAVEL FOR BUSINESS PURPOSES IS NOT INCLUDED IN TAXABLE WAGES. THREE OFFICERS, ONE KEY EMPLOYEE, AND ONE HIGHEST COMPENSATED EMPLOYEE LISTED ON FORM 990, PART VII WERE PROVIDED WITH COMPANION TRAVEL FOR BUSINESS PURPOSES DURING CALENDAR YEAR 2019. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS THE UNIVERSITY PROVIDES TAX INDEMNIFICATION AND GROSS-UP PAYMENTS TO EMPLOYEES THAT PROVIDE LATE SUBSTANTIATION OF EXPENSES UNDER ACCOUNTABLE PLAN RULES FOR ORDINARY AND NECESSARY BUSINESS EXPENSES. IN SOME CASES, TAX INDEMNIFICATION OR GROSS-UP PAYMENTS ARE ALSO PROVIDED FOR THE REIMBURSEMENT OF CERTAIN MOVING EXPENSES. ADDITIONALLY, AS PART OF THE MINISTERIAL HOUSING PROGRAM, THE UNIVERSITY ALSO PROVIDES ADDITIONAL COMPENSATION TO PARTICIPANTS FOR WAGE WITHHOLDING, IN AN AMOUNT EQUAL TO THE EMPLOYER'S SHARE OF THE PARTICIPANTS' SELF-EMPLOYMENT TAX. SEVEN OFFICERS, THREE KEY EMPLOYEES, AND TWO HIGHEST COMPENSATED EMPLOYEES LISTED ON FORM 990, PART VII WERE PROVIDED TAX INDEMNIFICATION OR GROSS- UP PAYMENTS DURING CALENDAR YEAR 2019. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE SUBJECT TO EXECUTIVE APPROVAL, THE UNIVERSITY PROVIDES A MINISTERIAL HOUSING ALLOWANCE TO EMPLOYEES WHO ARE MINISTERS. THE ALLOWANCE IS INCLUDED IN THE NONTAXABLE BENEFITS OF SUCH EMPLOYEES. SIX OFFICERS AND THREE KEY EMPLOYEES LISTED ON FORM 990, PART VII WERE PROVIDED A MINISTERIAL HOUSING ALLOWANCE DURING CALENDAR YEAR 2019. ADDITIONALLY, ON-CAMPUS HOUSING PROVIDED AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE EMPLOYER IS NOT INCLUDED IN TAXABLE WAGES. THREE OFFICERS AND ONE HIGHEST COMPENSATED EMPLOYEE LISTED ON FORM 990, PART VII WERE PROVIDED ON-CAMPUS HOUSING AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE EMPLOYER DURING CALENDAR YEAR 2019. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES EXPENDITURES FOR BUSINESS PURPOSES ARE APPROVED PURSUANT TO THE UNIVERSITY'S REIMBURSEMENT POLICIES. SUCH REIMBURSEMENTS ARE NOT INCLUDED IN TAXABLE WAGES. FOUR OFFICERS AND ONE HIGHEST COMPENSATED EMPLOYEE LISTED ON FORM 990, PART VII RECEIVED REIMBURSEMENTS FOR EXPENDITURES ASSOCIATED WITH HEALTH OR SOCIAL CLUB MEMBERSHIPS USED FOR BUSINESS PURPOSES DURING CALENDAR YEAR 2019. PERSONAL SERVICES EXPENDITURES FOR BUSINESS PURPOSES ARE APPROVED PURSUANT TO THE UNIVERSITY'S REIMBURSEMENT POLICIES. SUCH REIMBURSEMENTS ARE NOT INCLUDED IN TAXABLE WAGES. ONE OFFICER LISTED ON FORM 990, PART VII WAS PROVIDED CLEANING SERVICES IN CONNECTION WITH A BUSINESS RELATED EVENT DURING CALENDAR YEAR 2019. THREE OFFICERS, ONE KEY EMPLOYEE, AND TWO HIGHEST COMPENSATED EMPLOYEES WERE PROVIDED CHAUFFEUR / CAR SERVICES FOR BUSINESS RELATED TRANSPORTATION DURING CALENDAR YEAR 2019. SCHEDULE J, PART I , LINE 4B - SUPPLEMENTAL NONQUALIFIED PLANS PEPPERDINE UNIVERSITY HAS AN INCENTIVE COMPENSATION PLAN FOR CERTAIN KEY EXECUTIVES. UNDER THE PLAN, UPON ACHIEVEMENT OF CERTAIN EXPECTATIONS AND GOALS, AND AT THE DISCRETION OF THE BOARD OF REGENTS, THE PARTICIPANT WILL RECEIVE A UNIVERSITY CONTRIBUTION TO THE PLAN FOR THAT PLAN YEAR. UNIVERSITY CONTRIBUTIONS TO THE PLAN BECOME GRADUALLY VESTED BEGINNING WITH THE LAST DAY OF THE THIRD PLAN YEAR FOLLOWING THE CONTRIBUTION, AND VEST FULLY AT THE COMPLETION OF THE SEVENTH PLAN YEAR FOLLOWING THE AWARD. WHEN THE EMPLOYEE HAS ATTAINED THE AGE OF 62, THE ACCOUNT FULLY VESTS AND IS FULLY PAID OUT TO THE EMPLOYEE. THE VESTING SCHEDULE IS THEN ACCELERATED SUCH THAT THE EMPLOYEE IS FULLY VESTED AFTER AGE 62. THE FOLLOWING AMOUNTS WERE AWARDED DURING CALENDAR YEAR 2019: GARY HANSON - $85,482 SAMUEL HINKLE - $51,295 CHARLES PIPPIN - $97,143 RICK MARRS - $83,203 ANDREW BENTON - $114,975 THE FOLLOWING AMOUNTS WERE VESTED AND INCLUDED IN THE EMPLOYEES' COMPENSATION DURING CALENDAR YEAR 2019: GARY HANSON - $30,046 SAMUEL HINKLE - $63,136 CHARLES PIPPIN - $200,414 RICK MARRS - $85,949 ANDREW BENTON - $111,950 UNDER A NONQUALIFIED SUPPLEMENTAL RETIREMENT PLAN, SUBJECT TO CERTAIN CONDITIONS, AND UPON THE COMPLETION OF FOUR YEARS OF SERVICE IN HIS ROLE AS PRESIDENT OF PEPPERDINE UNIVERSITY IN JULY 2019, PRESIDENT ANDREW BENTON RECEIVED COMPENSATION OF $469,663, WHICH IS EQUAL TO HIS AVERAGE SALARY FOR THE LAST FOUR FISCAL YEARS. SCHEDULE J, PART I, LINE 7 - NONFIXED PAYMENTS DISCRETIONARY BONUSES MAY BE AWARDED UPON ACHIEVEMENT OF CERTAIN GOALS. SCHEDULE J, PART II, COLUMN (F) - REPORTED AS DEFERRED IN PRIOR YEAR Amounts reported on Schedule J, Part II, column (F), were previously reported on the university's Form 990 for prior years as amounts awarded under the incentive compensation plan disclosed in response to Schedule J, Part I, line 4b. A CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 130179AX2 2015-09-03 87786387 REFUND 2005A & 2005B BONDS false false false B CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 130179FV1 2016-03-17 117753105 REFUND 2010 BONDS, CONSTRUCTION & false false false C CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 130179LU6 2017-12-21 24514680 REFUND 2012 BONDS false false false A 5115000 0 87786387 0 0 0 717742 0 0 0 87068645 0 2015 true false true true B 1065000 0 117753105 0 0 0 868673 0 0 99395549 17488883 0 2016 false true true true C 0 0 24514680 0 0 23900300 298224 0 0 0 1288000 0 2017 false true true true A false false false false 0 0.00000 0.00000 false false false true B false false false false 0 0.00003 0.00003 false false false true C false false false false 0.00000 0.00013 0.00013 false false false true A false false true false false false 0 false 0 false true B false false false true false false 0 false 0 true true C false false true false false false 0 false 0 false true A true B true C true SCHEDULE K, PART I, LINE A, COLUMN (F) - DESCRIPTION OF PURPOSE REFUND 2005A AND 2005B BONDS ORIGINALLY ISSUED ON 08/03/2005 AND 09/06/2005, RESPECTIVELY. SCHEDULE K, PART I, LINE B, COLUMN (F) - DESCRIPTION OF PURPOSE REFUND 2010 BONDS ORIGINALLY ISSUED ON 04/28/10, AND CONSTRUCTION AND FACILITIES. SCHEDULE K, PART I, LINE C, COLUMN (F) - DESCRIPTION OF PURPOSE REFUND 2012 BONDS ORIGINALLY ISSUED ON 06/05/2012. SCHEDULE K, PART IV, LINE 2C, COLUMN (B) COLUMN (C) - DATE REBATE COMPUTATION WAS PERFORMED 04/23/20 MICHAEL NICKS KEY EMPLOYEE CONTINGENT INT LOAN X 320000 337324 false false true HELEN WILLIAMS KEY EMPLOYEE CONTINGENT INT LOAN X 200000 209644 false false true JEFFREY ROHDE KEY EMPLOYEE CONTINGENT INT LOAN X 350000 357614 false false true LARRY PERRIN OFFICER CONTINGENT INT LOAN X 100000 100968 false false true 1005550 JEREMY MARRS SON OF OFFICER 170931 EMPLOYMENT - COMP & BENEF false NICOLE MARRS DAUGHTER-IN-LAW OF OFFICE 171447 EMPLOYMENT - COMP & BENEF false JENNIFER AKAMINE PHILLIPS DAUGHTER-IN-LAW OF REGENT 61372 EMPLOYMENT - COMP & BENEF false LANDON PHILLIPS SON OF REGENT 78866 EMPLOYMENT - COMP & BENEF false RONALD PHILLIPS FATHER OF OFFICER 342467 EMPLOYMENT - COMP & BENEF false SHANNON PHILLIPS SISTER-IN-LAW OF OFFICER 190332 EMPLOYMENT - COMP & BENEF false PHILIP CHO SON-IN-LAW OF OFFICER 70302 EMPLOYMENT - COMP & BENEF false AGNES GIBSON SPOUSE OF OFFICER 72703 EMPLOYMENT - COMP & BENEF false CASSANDRA HORTON DAUGHTER OF OFFICER 83695 EMPLOYMENT - COMP & BENEF false JENNA DEWALT DAUGHTER OF OFFICER 71714 EMPLOYMENT - COMP & BENEF false MARK COSENTINO SPOUSE OF OFFICER 13320 EMPLOYMENT - COMP & BENEF false STEPHEN BOST SON OF REGENT 97120 EMPLOYMENT - COMP & BENEF false SHARON BEARD SPOUSE OF REGENT 142690 EMPLOYMENT - COMP & BENEF false REBECCA SMITH DAUGHTER OF REGENT 26874 EMPLOYMENT - COMP & BENEF false EMILY HIEPLER DAUGHTER-IN-LAW OF REGENT 21111 EMPLOYMENT - COMP & BENEF false X 19 Retail Cost X 547 Retail Cost X 30 1752759 Avg price/donate day X 1 119468 Appraisal X 1 6162040 APPRAISAL X 4 4 Retail cost X 1 28200 Retail cost X Event Supplies 57 34844 Retail cost X Gift Certificates 36 7893 Retail cost X Sports Event Tickets 4 1291 Retail cost X Other 37 373 Retail cost true true false SCHEDULE M, PART I, COLUMN (B) - NUMBER OF CONTRIBUTIONS The university reports the number of contributions received, not the individual number of items included in those contributions. SCHEDULE M, PART I, Line 30b GIFT OF CAPITAL IMPROVEMENTS TO RESIDENTIAL REAL ESTATE IN A CHARTIBLE GIFT ANNUITY. Form 990, Part I, Line 1 - ORGANIZATION'S SIGNIFICANT ACTIVITIES Continued where students are strengthened for lives of purpose, service, and leadership. The university enrolls approximately 8,800 students in its five colleges and schools. Seaver College, the university's undergraduate liberal arts college, the Caruso School of Law, and the School of Public Policy are headquartered on 830 acres in the Santa Monica Mountains overlooking the Pacific Ocean in Malibu, California. The Graduate School of Education and Psychology and the Pepperdine Graziadio Business School are headquartered at the University's West Los Angeles, California graduate campus. Form 990, Part I, Line 6 - NUMBER OF VOLUNTEERS THERE ARE A NUMBER OF STUDENTS AND ALUMNI THAT VOLUNTEER THEIR TIME FOR VARIOUS PURPOSES AT THE UNIVERSITY. THESE VOLUNTEERS, HOWEVER, ARE NOT FORMALLY TRACKED BY THE UNIVERSITY. THE NUMBER OF VOLUNTEERS REPRESENTS THE NUMBER OF VOLUNTEER REGENTS ON THE BOARD OF REGENTS AS OF THE END OF THE TAX YEAR. Form 990, Part III, Line 4d - OTHER PROGRAM SERVICES Public Service - The university offers numerous services to the general public, including art exhibits, concerts, productions, and other public benefit activities. Form 990, Part V, Line 2a - NUMBER OF EMPLOYEES The number of employees includes student workers. Form 990, Part VI, Line 1a - GOVERNING BODY VOTING MEMBERS The Board of Regents of Pepperdine University has an Executive Committee, which may act for and in place of the Board of Regents between regular board meetings. Only regents can be members of the Executive Committee. The Executive Committee has the power to transact business on behalf of the Board of Regents, subject to any limitations imposed by the Board of Regents, the bylaws, or applicable law. Form 990, Part VI, Line 11b - PROCESS TO REVIEW FORM 990 Information is supplied by the university to the paid preparer to prepare the return. A draft version of the Form 990 is provided to senior management and the Audit Committee of the Board of Regents for review. Changes and comments are submitted to management. Any necessary changes are made prior to the final review and signing of the tax return. A full copy of the Form 990 is provided to the Board of Regents prior to filing. Form 990, Part VI, Line 12c-CONFLICT OF INTEREST POLICY ENFORCEMENT EACH REGENT, OFFICER, AND KEY EMPLOYEE IS REQUIRED TO ANNUALLY DISCLOSE, IN WRITING, ANY FINANCIAL OR BUSINESS RELATIONSHIPS THAT HE OR SHE, OR ANY FAMILY MEMBER, HAS WITH PEPPERDINE UNIVERSITY. THE REGENT DISCLOSURES ARE REVIEWED BY THE GOVERNANCE COMMITTEE AND THE BOARD CHAIR. ALL DISCLOSURES BY SENIOR ADMINISTRATION ARE REVIEWED BY THE AUDIT COMMITTEE AND THE BOARD OF REGENTS. SENIOR ADMINISTRATION INCLUDES THE PRESIDENT, THE CHANCELLOR, THE VICE CHANCELLORS, ALL PROVOSTS, ALL VICE PRESIDENTS, THE GENERAL COUNSEL, THE CHIEF FINANCIAL OFFICER, AND THE CONTROLLER. ALL OTHER EMPLOYEE DISCLOSURES ARE REVIEWED BY GENERAL COUNSEL AND THE EXECUTIVE VICE PRESIDENT. ALL CONFLICT SITUATIONS ARE RESOLVED DURING THE REVIEW PROCESS IN ACCORDANCE WITH THE UNIVERSITY'S CONFLICT OF INTEREST POLICY. IF AN ACTUAL CONFLICT IS FOUND FOR A REGENT, THE REGENT IS ASKED TO RECUSE HIM OR HERSELF FROM THE MATTER. RESOLUTION OF CONFLICTS FOR SENIOR ADMINISTRATORS AND OTHER EMPLOYEES ARE OVERSEEN BY GENERAL COUNSEL. Form 990, Part VI, Line 15a - PRESIDENT & CEO COMPENSATION THE GOVERNANCE COMMITTEE OF PEPPERDINE UNIVERSITY'S BOARD OF REGENTS REVIEWS THE TOTAL COMPENSATION FOR THE PRESIDENT AND CHIEF EXECUTIVE OFFICER ON AN ANNUAL BASIS. THE INDIVIDUALS ON THE GOVERNANCE COMMITTEE THAT CONDUCT THIS REVIEW ARE INDEPENDENT WITH RESPECT TO THESE COMPENSATION DETERMINATIONS. THIS REVIEW INCLUDES CONSIDERATION OF A BENCHMARKING REPORT PROVIDED ANNUALLY BY THE UNIVERSITY'S HUMAN RESOURCES DEPARTMENT. IN ADDITION TO THE ANNUAL BENCHMARKING REPORT, THE UNIVERSITY REGULARLY REVIEWS BENCHMARKING PRACTICES BY UNDERGOING AN EVALUATION WITH A THIRD PARTY. THE MOST RECENT EXECUTIVE COMPENSATION ANALYSIS CONDUCTED WITH AN EXTERNAL CONSULTANT OCCURRED IN 2020. IT INCLUDED A PEER GROUP EVALUATION AND A COMPETITIVE MARKET ASSESSMENT OF THE TOTAL. ANY DELIBERATIONS FROM THE GOVERNANCE COMMITTEE ARE REFLECTED IN A TRANSACTION REPORT THAT SUMMARIZES DECISIONS AND RECOMMENDATIONS. FORM 990, PART VI, LINE 15B - COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES THE GOVERNANCE COMMITTEE OF PEPPERDINE UNIVERSITY'S BOARD OF REGENTS REVIEWS THE TOTAL COMPENSATION FOR SELECT SENIOR ADMINISTRATORS ON AN ANNUAL BASIS. THE INDIVIDUALS ON THE GOVERNANCE COMMITTEE THAT CONDUCT THIS REVIEW ARE INDEPENDENT WITH RESPECT TO THESE COMPENSATION DETERMINATIONS. THIS REVIEW INCLUDES CONSIDERATION OF A BENCHMARKING REPORT PROVIDED ANNUALLY BY THE UNIVERSITY'S HUMAN RESOURCES DEPARTMENT. IN ADDITION TO THE ANNUAL BENCHMARKING REPORT, THE UNIVERSITY REGULARLY REVIEWS BENCHMARKING PRACTICES BY UNDERGOING AN EVALUATION WITH A THIRD PARTY. THE MOST RECENT EXECUTIVE COMPENSATION ANALYSIS CONDUCTED WITH AN EXTERNAL CONSULTANT OCCURRED IN 2020. IT INCLUDED A PEER GROUP EVALUATION AND A COMPETITIVE MARKET ASSESSMENT OF THE TOTAL. ANY DELIBERATIONS FROM THE GOVERNANCE COMMITTEE ARE REFLECTED IN A TRANSACTION REPORT THAT SUMMARIZES DECISIONS AND RECOMMENDATIONS. Form 990, Part VI, Line 19 - Docs available for public inspection Pepperdine University's financial statements are made available via the university's website. The university does not make its Conflict of Interest Policy and governing documents available to the public. FORM 990, PART XI, LINE 9 - OTHER CHANGES IN NET ASSETS Actuarial adjustment $(3,780,306) Gain on valuation of beneficial interest $(1,754,342) -------------- TOTAL $(5,534,648) WAVE VENTURES LLC 24255 PACIFIC COAST HIGHWAY MALIBU CA 90263 464526544 SUPPORT UNIV CA 0 798569 PEPPERDINE WAVE ENTERPRISES INC 24255 PACIFIC COAST HIGHWAY MALIBU CA 90263 954274572 SUPPORT UNIV CA 501(C)(3) LINE 12A, I PEPPERDINE true WAVE SERVICES INC 24255 PACIFIC COAST HIGHWAY MALIBU CA 90263 954315778 SUPPORT UNIV CA 501(C)(3) LINE 12A, I PEPPERDINE true WAVE PROPERTY INC 24255 PACIFIC COAST HIGHWAY MALIBU CA 90263 954297104 SUPPORT UNIV CA 501(C)(3) LINE 12A, I PEPPERDINE true PEPPERDINE UNIVERSITY (USA) IN LONDON 56 Princes Gate London UK SW72PG EDUCATION UK PEPPERDINE true CINDERELLA IMMOBILIARE SRL Viale Milton 41 Florence IT 50129 EDUCATION IT PEPPERDINE true PEPPERDINE (SHANGHAI) CONSULTING CO LTD Nr 66 Lane 532 Yu Yaun Road Shanghai CH 200040 EDUCATION CH WAVE VENTURE true ANDURIL HOLDINGS LLC 310 ALDER ROAD PO BOX 841 DOVER DE 19904 010935824 INVESTMENTS DE PEPPERDINE EXCLUDED -99681 1040182 false false 0.99000 PEPPERDINE UNIVERSITY SRL 11 DE SEPTIEMBRE 955 Buenos Aires AR 1426 (CAP) EDUCATION AR PEPPERDINE C Corp 0 0 1.00000 true FUNDACION PEPPERDINE UNIVERSITY PARA 11 De Septiembre 955 Buenos Aires AR 1426 (CAP) EDUCATION AR PEPPERDINE C Corp -17759 72435 1.00000 true CHARITABLE REMAINDER UNITRUSTS (2) INVESTING CA PEPPERDINE Trust true NIM CHARITABLE REMAINDER UNITRUST (1) INVESTING CA PEPPERDINE Trust true CHARITABLE GIFT ANNUITIES (86) INVESTING CA PEPPERDINE Trust true CHARITABLE REMAINDER UNITRUSTS (59) INVESTING CA WAVE SERVICES Trust true CHARITABLE REMAINDER ANNUITY TRUSTS (3) INVESTING CA WAVE SERVICES Trust true NIM CHARITABLE REMAINDER UNITRUST (4) INVESTING CA WAVE SERVICES Trust true false true true false false false false false false false true false false true true true true true true WAVE SERVICES INC B 5040096 PRESENT VALUE WAVE ENTERPRISES INC C 6168365 APPRAISAL VALUE WAVE SERVICES INC C 993959 PRESENT VALUE WAVE SERVICES INC Q 151044 FMV WAVE PROPERTY INC r 640000 CASH TRANSFER PEPPERDINE UNIVERSITY (USA) IN LONDON UK r 1165159 CASH TRANSFER FUNDACION PEPPERDINE UNIVERSITY PARA AMERICA r 1225648 CASH TRANSFER CINDERELLA IMMOBILIARE SRL r 1639738 CASH TRANSFER PEPPERDINE (SHANGHAI) CONSULTING CO LTD r 1075000 CASH TRANSFER WAVE SERVICES INC S 684265 PRESENT VALUE