2020-04-15T15:51:18-05:00 2019-05-31 990 2018-06-01 750800689 SOUTHERN METHODIST UNIVERSITY SOUT 2147682004 3140 DYER ST MS261 DALLAS TX 752750261 CHRISTINE REGIS VP BUSINESS AND FINA 2147682004 2020-04-15 129.119.240.199 2020-04-15 15:51:18 CD P BAF6A584C51AA146E2BE86A4F05A8EF0E53A9F06 BAF6A584C51AA146E2BE86A4F05A8EF0E53A9F06 2018 2021-01-29 14:40:06Z X RGERALD TURNER 1463911424 false X WWW.SMU.EDU X 1911 TX THE PRIMARY MISSION OF THE UNIVERSITY IS EDUCATION THROUGH RESEARCH AND TEACHING BY CREATING AND IMPARTING KNOWLEDGE THAT WILL SHAPE CITIZENS WHO CONTRIBUTE TO THEIR COMMUNITIES AND LEAD PROFESSIONS IN A GLOBAL SOCIETY. 42 39 6415 3746 -5119198 -5127936 96821224 106642309 628861779 638923836 117913837 108254414 6963478 8709657 850560318 862530216 187876863 202166940 0 316484369 327613573 646675 749373 16815859 239727308 250292986 744735215 780822872 105825103 81707344 3281984214 3219199659 1154877970 1016364494 2127106244 2202835165 X THE PRIMARY MISSION OF THE UNIVERSITY IS EDUCATION THROUGH RESEARCH AND TEACHING BY CREATING AND IMPARTING KNOWLEDGE THAT WILL SHAPE CITIZENS WHO CONTRIBUTE TO THEIR COMMUNITIES AND LEAD PROFESSIONS IN A GLOBAL SOCIETY. false false 533011694 180177896 522553632 INSTRUCTIONAL: INSTRUCTIONAL PROGRAMS INCLUDE ACADEMIC INSTRUCTION AND SERVICES FOR UNDERGRADUATE AND GRADUATE STUDENTS INCLUDING FINANCIAL AID IN THE FORM OF SCHOLARSHIPS AND FELLOWSHIPS. STUDENT ENROLLMENT FOR FALL SEMESTER 2018 WAS 11,666 AND SPRING SEMESTER 2019 WAS 11,340. 107444641 21855341 70726404 AUXILIARY ACTIVITIES: THIS CATEGORY INCLUDES ATHLETIC EXPENDITURES AND SERVICES THAT SUPPORT EDUCATIONAL ACTIVITIES. SERVICES INCLUDE BOOKSTORE, STUDENT HOUSING, VENDING AND FOOD ADMINISTRATION AND INDEPENDENT OPERATIONS. 41574092 34384852 SPONSORED RESEARCH: SPONSORED RESEARCH INCLUDES EXPENDITURES FOR ALL ACTIVITIES THAT ARE PART OF THE UNIVERSITY'S RESEARCH PROGRAM, INCLUDING ACTIVITIES SPECIFICALLY ORGANIZED TO PRODUCE RESEARCH OUTCOMES, WHETHER COMMISSIONED BY AN AGENCY EXTERNAL TO THE INSTITUTION OR SEPARATELY BUDGETED BY AN ORGANIZATIONAL UNIT WITHIN THE INSTITUTION. 14673282 11258948 ORGANIZED ACTIVITIES: ORGANIZED ACTIVITIES MAKE AVAILABLE TO THE PUBLIC VARIOUS RESOURCES THAT EXIST WITHIN THE UNIVERSITY SUCH AS SEMINARS, CONFERENCES AND CAMPS. 14673282 11258948 696703709 true true false true false true false true false true true true false false true true false true true true true false false true true false false true true true true false true false false false false true false false false true true false false false true true true false false true 17425 0 6415 true true true true UK false false false true true false false false false true false X 42 39 true false false false false false true true true false false true true true true true false true true false AK AR CA CT DC GA IL KS KY ME MD MI MN MS MO NH NJ NM NY NC ND OH OR PA RI SC TN UT VA WA WV WI X TAX DEPARTMENT 2147682004 6116 N CENTRAL EXPRESSWAY STE 203 DALLAS TX 752750261 R GERALD TURNER PRESIDENT/TR 37.50 X X 1345487 0 191861 DAYNA OSCHERWITZ PROFESSOR TR 37.50 X X 117907 0 44899 GERALD B ALLEY TRUSTEE X 0 0 0 RUTH S ALTSHULER TRUSTEE X 0 0 0 WILLIAM ARMSTRONG TRUSTEE X 0 0 0 MICHAEL M BOONE TRUSTEE X 0 0 0 TUCKER S BRIDWELL TRUSTEE X 0 0 0 LAURA WELCH BUSH TRUSTEE X 0 0 0 RICHIE L BUTLER TRUSTEE X 0 0 0 KELLY H COMPTON TRUSTEE X 0 0 0 JEANNE TOWER COX TRUSTEE X 0 0 0 KATHERINE CROW TRUSTEE X 0 0 0 GARY T CRUM TRUSTEE X 0 0 0 ROBERT H DEDMAN JR TRUSTEE X 0 0 0 ANTOINE LV DIJKSTRA TRUSTEE X 0 0 0 GERALD J FORD TRUSTEE X 0 0 0 ANTONIO O GARZA JR TRUSTEE X 0 0 0 JUAN ANTONIO GONZALEZ MORENO TRUSTEE X 0 0 0 CYNTHIA FIERRO HARVEY TRUSTEE X 0 0 0 FREDERICK B HEGI JR TRUSTEE X 0 0 0 CLARK K HUNT TRUSTEE X 0 0 0 RAY L HUNT TRUSTEE X 0 0 0 DAVID S HUNTLEY TRUSTEE X 0 0 0 SCOTT J JONES TRUSTEE X 0 0 0 DOUGLAS SMELLAGE TRUSTEE X 0 0 0 PAUL B LOYD JR TRUSTEE X 0 0 0 BOBBY B LYLE TRUSTEE X 0 0 0 MICHAEL MCKEE TRUSTEE X 0 0 0 SCOTT MCLEAN TRUSTEE X 0 0 0 DAVID B MILLER TRUSTEE X 0 0 0 FRANCES A MOODY-DAHLBERG TRUSTEE X 0 0 0 CONNIE O'NEILL TRUSTEE X 0 0 0 SHERON PATTERSON TRUSTEE X 0 0 0 SARAH PEROT TRUSTEE X 0 0 0 JEANNE L PHILLIPS TRUSTEE X 0 0 0 CAREN H PROTHRO TRUSTEE X 0 0 0 PAUL L RASMUSSEN TRUSTEE X 0 0 0 CARL SEWELL TRUSTEE X 0 0 0 RICHARD K TEMPLETON TRUSTEE X 0 0 0 RICHARD WARE TRUSTEE X 0 0 0 ROYCE E WILSON SR TRUSTEE X 0 0 0 BENJAMIN MANTHEY STUDENT TRUS X 0 0 0 RAKESH DAHIYA TREASURER 37.50 X 676022 0 50872 BRAD E CHEVES VP DEVELOPME 37.50 X 578134 0 50074 STEVEN CURRALL PROVOST, VP 37.50 X 575203 0 44103 CHRISTINE REGIS VP BUSINESS 37.50 X 531943 0 50872 PAUL WARD VP LEGAL AFF 37.50 X 444701 0 46443 HAROLD STANLEY VP / INTERIM 37.50 X 358073 0 45977 KENECHUKWU MMEJE VP STUDENT A 37.50 X 292027 0 43844 MARY ANNE ROGERS ASSIS UNIV S 37.50 X 108601 0 24909 JOANNE VOGEL INTERIM VP S 37.50 X 99798 0 20586 MATTHEW MYERS DEAN 37.50 X 455468 0 58784 THOMAS DIPIERO DEAN 37.50 X 353017 0 38402 TIMOTHY JANKOVICH BASKETBALL C 37.50 X 2084751 0 55354 DANIEL DYKES ATHLETIC COA 37.50 X 1287077 0 53237 RICHARD HART ATHLETICS DI 37.50 X 599698 0 54939 WILLIAM DILLON SR ASSOC DEA 37.50 X 561436 0 54730 JAMES LINCK FINANCE DEPT 37.50 X 535102 0 51311 PAUL W LUDDEN FORMER PRVTS 37.50 X 361354 0 49397 ALBERT NIEMI JR DEAN 37.50 X 513805 0 51119 PETER MOORE FORMER INTER 37.50 X 247992 0 48980 12127596 1130693 654 true true false SIEMENS BUILDING TECHNOLOGIES INC 8600 NORTH ROYAL LANE STE 100 IRVING TX 75063 CONSTRUCTION 83751500 ARAMARK CORPORATION 24818 NETWORK PLACE CHICAGO IL 60673 DINING 28067866 HC BECK 1807 ROSS AVENUE STE 500 DALLAS TX 75201 CONSTRUCTION 7847474 2U INC 8201 CORPORATE DRIVE SUITE 900 LANDOVER MD 20785 ONLINE PROG PAR 7371446 GCA SERVICES GROUP OF TEXAS LP PO BOX 676003 DALLAS TX 75267 CUSTODIAL 6983657 248 1826448 22478 104793383 25381186 106642309 TUITION AND FEES 611710 510275178 510275178 AUXILIARY ACTIVITIES 611710 70726404 70726404 SPONSORED RESEARCH 611710 34384852 34384852 OTHER STUDENT FEES 611710 12278454 12278454 ORGANIZED ACTIVITIES 611710 8469693 8469693 2789255 2789255 638923836 22646033 -4229950 26875983 4873530 4873530 7879657 7879657 46950 2363 44587 44587 44587 680342761 598728062 81614699 80734851 -889248 81624099 2219133 1826448 2650783 -431650 MISCELLANEOUS REVENUE 900099 1217063 1217063 1217063 862530216 640140899 -5119198 121297856 135303 135303 202031637 202031637 6896683 942915 5298639 655129 1385010 1385010 255271515 221269900 25623313 8378302 19234418 15993985 2499975 740458 28909597 24039181 3757497 1112919 15916350 13234914 2068712 612724 2027787 647816 1379963 8 411223 15423 395800 108777 108777 749373 749373 12070176 12070176 35006945 33375784 654434 976727 4120002 2946391 1068995 104616 15092163 13642930 967944 481289 15906235 15523599 265818 116818 10054 1357 8697 42538218 38938031 3315813 284374 14220898 13659370 324826 236702 1985758 1819855 86289 79614 24481112 24481112 43652549 38047215 5308357 296977 1093042 1104825 -13581 1798 ALL OTHER EXPENSES 23647526 20650525 1396131 1600870 BOOKS AND PERIODICALS 7447147 7303262 58307 85578 PUBLIC RELATIONS 3763477 2923615 548580 291282 PROPERTY COSTS 2709897 2589754 109842 10301 780822872 696703709 67303304 16815859 71030297 101941132 120361033 113304198 125787889 124245102 141280975 95984090 5425313 4315064 326790 377137 11177704 10841162 1644578098 534091303 1043118881 1110486795 718289926 675073067 1037527285 974862963 7658121 7768949 3281984214 3219199659 247077044 135511040 45446030 44975030 648218534 627826381 3543622 4586000 210592740 203466043 1154877970 1016364494 X 651150244 685108165 1475956000 1517727000 2127106244 2202835165 3281984214 3219199659 81707344 -5978423 X false true X true X 118282772 111010601 78130337 96821224 106642309 510887243 118282772 111010601 78130337 96821224 106642309 510887243 510887243 29361761 28302409 30873411 32062893 35447257 156047731 7864219 412825 8277044 675212018 1275808822 0.75660 0.75120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 108777 108777 780631159 780739936 1000000 250000 1000000 1000000 1000000 1000000 4000000 6000000 91703 96934 125956 108777 423370 250000 250000 250000 250000 1000000 1500000 3 7351000 1539092 33422718 true true 2025090 68015446 X X X X X EDUCATIONAL PROGRAMMING false 1619232484 30445400 49792405 16130668 52582322 23272275 1607485023 1505303167 34910442 163004119 15590804 46020912 22373528 1619232484 1383980715 27950856 176705502 15742626 45917433 21673847 1505303167 1505296161 44077815 -82621385 15102284 44572939 23096653 1383980715 1425146075 40917231 122860599 14574120 47271838 21781786 1505296161 0.06420 0.93580 true false 114281530 114281530 1235544725 403853574 831691151 176738254 79580281 97157973 118013589 50657448 67356141 1110486795 DIVERSIFYING STRATEGIES FUNDS 403231838 C EQUITY FUNDS WITHOUT DAILY LIQUIDITY 327206897 C PRIVATE EQUITY FUNDS 186697984 C VENTURE CAPITAL 26724547 C FUNDS HELD IN TRUST BY OTHERS 19944184 F PARTNERSHIP INVESTMENTS - REAL EST 6014735 C FIXED INCOME FUNDS WITHOUT DAILY LIQ 4492782 C EQUITY METHOD INVESTMENTS 493482 F PARTNERSHIP INVESTMENTS - TIMBER 46476 C MINERAL RIGHTS 10030 C OTHER INVESTMENTS 8 C 974862963 TAXABLE BONDS PAYABLE 189279673 US GOVERNMENT STUDENT LOAN ADVANCES 9811000 DEPOSITS 4375370 203466043 X SCHEDULE D, PAGE 2, PART V, LINE 4 IN ACCORDANCE WITH DONOR RESTRICTIONS, ENDOWMENT FUNDS ARE USED TO SUPPORT SCHOLARSHIPS, FELLOWSHIPS AND OTHER STUDENT AID; FACULTY AND ACADEMIC PROGRAM SUPPORT; TECHNOLOGY AND LIBRARY RESOURCES AS WELL AS FACILITY MAINTENANCE. SCHEDULE D, PAGE 3, PART X THE CONSOLIDATED FINANCIAL STATEMENTS FOR SOUTHERN METHODIST UNIVERSITY AND SUPPORTING ORGANIZATIONS INCLUDED THE FOLLOWING FOOTNOTE: THE UNIVERSITY COMPLIES WITH THE REQUIREMENTS OF ASC 740, INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT REQUIREMENTS FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IN ADDITION, ASC 740 PROVIDES GUIDANCE ON RECOGNITION, CLASSIFICATION, AND ACCOUNTING IN INTERIM PERIODS AND DISCLOSURE REQUIREMENTS FOR UNCERTAIN TAX PROVISIONS. THE UNIVERSITY AND ITS CONTROLLED CORPORATIONS DO NOT HAVE ANY UNCERTAIN TAX POSITIONS AND THEREFORE HAVE RECORDED NO LIABILITY OR BENEFIT FOR SUCH POSITIONS FOR THE YEARS ENDED MAY 31, 2019 AND 2018. SCHEDULE D, PAGE 4, PART XIII PART III, LINE 4 - COLLECTION AND RELATION TO EXEMPT PURPOSE THE MEADOWS MUSEUM AT SOUTHERN METHODIST UNIVERSITY HOUSES ONE OF THE LARGEST AND MOST COMPREHENSIVE COLLECTIONS OF SPANISH ART OUTSIDE OF SPAIN. WITH WORKS DATING FROM THE 10TH TO THE 21ST CENTURY, THE INTERNATIONALLY RENOWNED COLLECTION PRESENTS A BROAD SPECTRUM OF ART COVERING A THOUSAND YEARS OF SPANISH HERITAGE. THE MUSEUM IS A RESOURCE OF SOUTHERN METHODIST UNIVERSITY THAT SERVES A BROAD AND INTERNATIONAL AUDIENCE AS WELL AS THE UNIVERISITY COMMUNITY THROUGH MEANINGFUL EXHIBITIONS, PUBLICATIONS, WORKSHOPS, AND OTHER EDUCATIONAL PROGRAMS AND ECOURAGES PUBLIC PARTICIPATION THROUGH A BROAD-BASED MEMBERSHIP. PART V: THE ENDOWMENT MARKET VALUES REPORTED IN THIS SECTION DO NOT INCLUDE PLEDGES RECEIVABLE WHICH ARE INCLUDED FOR FINANCIAL STATEMENT PURPOSES IN COMPLIANCE WITH SFAS NO. 116. PLEDGES DO NOT GENERATE INCOME FOR SPENDING AND NORMALLY ARE NOT INCLUDED WHEN THE UNIVERSITY REPORTS ENDOWMENT FUND MARKET VALUE FOR PURPOSES OTHER THAN THE FINANCIAL STATEMENTS AND ARE NOT INCLUDED HERE. THE UNIVERSITY HAS ELECTED TO REPORT MARKETABLE SECURITIES, EQUITY METHOD INVESTMENTS, AND FUNDS HELD IN TRUST AT FAIR VALUE FOR FINANCIAL STATEMENT PURPOSES. THE UNIVERSITY HAS NOT ELECTED TO REPORT OTHER ASSETS AT FAIR VALUE FOR FINANCIAL STATEMENT PURPOSES, AND ACCORDINGLY, NEITHER THE UNREALIZED GAINS AND LOSSES IN PRIOR YEARS, NOR THE GAINS IN FISCAL YEAR 2019 ARE REPORTED FOR FINANCIAL STATEMENT PURPOSES, EXCEPT IF THOSE WITH LOSSES ARE DETERMINED TO BE PERMANENT IMPAIRMENTS. AS OF MAY 31, 2019, THE UNIVERSITY HAS APPROXIMATELY 295 MILLION OF UNREALIZED GAINS THAT ARE REFLECTED HERE BUT HAD NOT BEEN RECOGNIZED IN ITS FINANCIAL STATEMENTS. PART I, LINE 4: THE AMOUNT SHOWN REPRESENTS THE FAIR VALUE AT THE END OF THE YEAR. THIS VALUE IS DIFFERENT FROM THE AMOUNT REPORTED ON THE 990 BECAUSE THE UNIVERSITY DOES NOT RECORD ALL POOL INVESTMENTS AT FAIR VALUE. FORM 990 PART X, LINES 27-29: SMU ADOPTED ASU 2016-14 IN THE YEAR ENDING MAY 31, 2018. UNRESTRICTED NET ASSETS INCLUDE ALL NET ASSET CLASSIFIED AS "NET ASSET WITHOUT DONOR RESTRICTIONS" IN ACCORDANCE WITH ASC 958. PERMANENTLY RESTRICTED NET ASSETS INCLUDE ALL NET ASSETS CLASSIFIED AS "NET ASSETS WITH DONOR RESTRICTIONS" IN ACCORDANCE WITH ASC 958. true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 THE SOUTHERN METHODIST UNIVERSITY NONDISCRIMINATION STATEMENT APPEARS ON THE UNIVERSITY'S WEBSITE AND IN ELECTRONIC AND PRINTED MATERIALS, SUCH AS THE STUDENT HANDBOOK, ADMISSION BROCHURES, ADVERTISEMENTS, ETC. SCHEDULE E, LINE 6 THE UNIVERSITY PARTICIPATES IN THE FEDERAL PERKINS LOAN PROGRAM, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT; FEDERAL WORK-STUDY PROGRAM, FEDERAL PELL GRANT, WILLIAM D. FORD FEDERAL DIRECT LOAN PROGRAM, TEXAS TUITION EQUALIZATION GRANT, TEXAS B-ON-TIME PROGRAM, AND TEXAS COLLEGE ACCESS LOAN PROGRAM AND RECEIVED FEDERAL AND STATE FUNDING FOR RESEARCH GRANTS AND CONTRACTS. true CENTRAL AMERICA AND THE CARIBBEAN PROGRAM SERVICES STUDY ABROAD 96231 CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 407743573 CENTRAL AMERICA AND THE CARIBBEAN 9 PROGRAM SERVICES RECRUITING 9510 CENTRAL AMERICA AND THE CARIBBEAN PROGRAM SERVICES RESEARCH 12039 CENTRAL AMERICA AND THE CARIBBEAN FUNDRAISING FUNDRAISING 465 CENTRAL AMERICA AND THE CARIBBEAN PROGRAM SERVICES CONFERENCE 18208 CENTRAL AMERICA AND THE CARIBBEAN PROGARAM SERVICES TEACHING 5853 CENTRAL AMERICA AND THE CARIBBEAN PROGRAM SERVICES MEETINGS 1669 EAST ASIA AND THE PACIFIC PROGRAM SERVICES TEACHING/RECRUITING 23560 EAST ASIA AND THE PACIFIC PROGRAM SERVICES RECRUITING 21021 EAST ASIA AND THE PACIFIC PROGRAM SERVICES CONFERENCE 63345 EAST ASIA AND THE PACIFIC PROGRAM SERVICES STUDY ABROAD 468028 EAST ASIA AND THE PACIFIC PROGRAM SERVICES RESEARCH 485558 EAST ASIA AND THE PACIFIC PROGRAM SERVICES MEETING 14404 EAST ASIA AND THE PACIFIC FUNDRAISING ALUM REL FUNDRAIS 16390 EUROPE FUNDRAISING ALUMNI REL/FUNDRAIS 26212 EUROPE PROGRAM SERVICES STUDENT COMPETITION EUROPE PROGRAM SERVICES PUBLIC RELATIONS EUROPE 4 PROGRAM SERVICES STUDY ABROAD 2417139 EUROPE PROGRAM SERVICES RECRUITING 91962 EUROPE PROGRAM SERVICES EXHIBIT PREPARATION 103168 EUROPE PROGRAM SERVICES CONFERENCE 179826 EUROPE INVESTMENTS 12174674 EUROPE 4 PROGRAM SERVICES RESEARCH 275608 EUROPE PROGRAM SERVICES LECTURE/PRESENTATION 377719 EUROPE PROGRAM SERVICES TEACHING 119290 EUROPE PROGRAM SERVICES MEETING/COLLABORATIO 44119 EUROPE PROGRAM SERVICES CONSULTING MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES CONFERENCE 1906 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES RECRUITING 2397 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES STUDY ABROAD 148242 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES RESEARCH 2376 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES TEACHING 2495 MIDDLE EAST AND NORTH AFRICA FUNDRAISING ALUMNI REL/FUNDRAIS 13229 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES MEETINS/COLLABORATIO 224 NORTH AMERICA PROGRAM SERVICES CONFERENCE 89887 NORTH AMERICA FUNDRAISING ALUMNI REL/FUNDRAIS 1017 NORTH AMERICA PROGRAM SERVICES STUDY ABROAD 58537 NORTH AMERICA PROGRAM SERVICES RESEARCH 20212 NORTH AMERICA PROGRAM SERVICES LECTURE/PRESENTATION 10674 NORTH AMERICA INVESTMENTS 45168627 NORTH AMERICA PROGRAM SERVICES RECRUITING 53069 NORTH AMERICA PROGRAM SERVICES EXHIBIT PREPARATION 14040 NORTH AMERICA PROGRAM SERVICES COMPETITION 19145 NORTH AMERICA PROGRAM SERVICES MEETINGS/COLLABORATI 5389 NORTH AMERICA PROGRAM SERVICES PROGRAM DEVELOPMENT RUSSIA AND THE NEIGHBORING STATES PROGRAM SERVICES CONFERENCE 1573 RUSSIA AND THE NEIGHBORING STATES PROGRAM SERVICES STUDY ABROAD 10669 RUSSIA AND THE NEIGHBORING STATES PROGRAM SERVICES RESEARCH 468 RUSSIA AND THE NEIGHBORING STATES PROGRAM SERVICES TEACHING 980 SOUTH AMERICA PROGRAM SERVICES CONFERENCE 5637 SOUTH AMERICA PROGRAM SERVICES LECTURE/PRESENTATION 3241 SOUTH AMERICA PROGRAM SERVICES STUDY ABROAD 270945 SOUTH AMERICA PROGRAM SERVICES RESEARCH 364 SOUTH AMERICA PROGRAM SERVICES RECRUITING 9275 SOUTH AMERICA FUNDRAISING ALUMINI REL/FUNDRAIS 1277 SOUTH AMERICA PROGRAM SERVICES MEETINGS/COLLABORATI 725 SOUTH AMERICA PROGRAM SERVICES TEACHING 2997 SOUTH ASIA PROGRAM SERVICES CONFERENCE 6813 SOUTH ASIA PROGRAM SERVICES RECRUITING 12985 SOUTH ASIA PROGRAM SERVICES RESEARCH SOUTH ASIA FUNDRAISING ALUMNI REL/FUNDRAISI 1748 SOUTH ASIA PROGRAM SERVICES MEETINGS/COLLABORATI 2081 SUB-SAHARAN AFRICA PROGRAM SERVICES CONFERENCE 24040 SUB-SAHARAN AFRICA PROGRAM SERVICES RESEARCH 20820 SUB-SAHARAN AFRICA PROGRAM SERVICES STUDY ABROAD 31896 SUB-SAHARAN AFRICA FUNDRAISING ALUMNI REL/FUNDRAISI 511 SUB-SAHARAN AFRICA PROGRAM SERVICES TEACHING 9 8 9 8 409006066 61804016 470810082 true false true true true true SCHEDULE F, PAGE 1, PART I, LINE 3 CENTRAL AMERICA AND THE CARIBBEAN 96,231 0 CENTRAL AMERICA AND THE CARIBBEAN 407,743,573 0 CENTRAL AMERICA AND THE CARIBBEAN 9,510 0 CENTRAL AMERICA AND THE CARIBBEAN 12,039 0 CENTRAL AMERICA AND THE CARIBBEAN 465 0 CENTRAL AMERICA AND THE CARIBBEAN 18,208 0 CENTRAL AMERICA AND THE CARIBBEAN 5,853 0 CENTRAL AMERICA AND THE CARIBBEAN 1,669 0 EAST ASIA AND THE PACIFIC 23,560 0 EAST ASIA AND THE PACIFIC 21,021 0 EAST ASIA AND THE PACIFIC 63,345 0 EAST ASIA AND THE PACIFIC 468,028 0 EAST ASIA AND THE PACIFIC 485,558 0 EAST ASIA AND THE PACIFIC 14,404 0 EAST ASIA AND THE PACIFIC 16,390 0 EUROPE 26,212 0 EUROPE 0 0 EUROPE 0 0 EUROPE 2,417,139 0 EUROPE 91,962 0 EUROPE 103,168 0 EUROPE 179,826 0 EUROPE 12,174,674 0 EUROPE 275,608 0 EUROPE 377,719 0 EUROPE 119,290 0 EUROPE 44,119 0 EUROPE 0 0 MIDDLE EAST AND NORTH AFRICA 1,906 0 MIDDLE EAST AND NORTH AFRICA 2,397 0 MIDDLE EAST AND NORTH AFRICA 148,242 0 MIDDLE EAST AND NORTH AFRICA 2,376 0 MIDDLE EAST AND NORTH AFRICA 2,495 0 MIDDLE EAST AND NORTH AFRICA 13,229 0 MIDDLE EAST AND NORTH AFRICA 224 0 NORTH AMERICA 89,887 0 NORTH AMERICA 1,017 0 NORTH AMERICA 58,537 0 NORTH AMERICA 20,212 0 NORTH AMERICA 10,674 0 NORTH AMERICA 45,168,627 0 NORTH AMERICA 53,069 0 NORTH AMERICA 14,040 0 NORTH AMERICA 19,145 0 NORTH AMERICA 5,389 0 NORTH AMERICA 0 0 RUSSIA AND THE NEIGHBORING STATES 1,573 0 RUSSIA AND THE NEIGHBORING STATES 10,669 0 RUSSIA AND THE NEIGHBORING STATES 468 0 RUSSIA AND THE NEIGHBORING STATES 980 0 SOUTH AMERICA 5,637 0 SOUTH AMERICA 3,241 0 SOUTH AMERICA 270,945 0 SOUTH AMERICA 364 0 SOUTH AMERICA 9,275 0 SOUTH AMERICA 1,277 0 SOUTH AMERICA 725 0 SOUTH AMERICA 2,997 0 SOUTH ASIA 6,813 0 SOUTH ASIA 12,985 0 SOUTH ASIA 0 0 SOUTH ASIA 1,748 0 SOUTH ASIA 2,081 0 SUB-SAHARAN AFRICA 24,040 0 SUB-SAHARAN AFRICA 20,820 0 SUB-SAHARAN AFRICA 31,896 0 SUB-SAHARAN AFRICA 511 0 SUB-SAHARAN AFRICA 0 0 SCHEDULE F, PAGE 5, PART V PART I, LINE 3: THE UNIVERSITY ACCOUNTS FOR ALL EXPENDITURES ON AN ACCRUAL BASIS AND MAKES ALL REIMBURSEMENTS UNDER AN ACCOUNTABLE PLAN. X X X X X X X true RUFFALO NOEL LEVITZ LLC 1025 KIRKWOOD PARKWAY SW CEDAR RAPIDS IA 52404 TELEMARKET false 446977 395027 51950 MARTS LUNDY INC 1200 WALL STREET WEST LYNDHURST NJ 07071 CONSULTING false 53655 -53655 446977 448682 -1705 AK AL AR CA CO CT FL GA HI ID IL KS KY LA MA MD ME MI MN MO MS NC ND NH NJ NM NV NY OH OK OR PA RI SC TN UT VA WA WI TATE LECTURE SE 2033805 740975 1292830 147213 108532 699258 475101 ATHLETIC FORUM 603729 303200 300529 5449 360188 400517 15911 10 1408047 782273 625774 -2791 53520 180624 30051 177210 4045581 1826448 2219133 -2791 206182 649344 1129826 668222 2650783 -431650 SCHEDULE G, PART IV DURING FISCAL YEAR 2019, RUFFALO NOEL LEVITZ LLC PROVIDED TELEMARKETING SERVICES. THE TOTAL 395,027 FUNDRAISING FEES REPORTED ON PART I FOR RUFFALO NOEL LEVITZ LLC INCLUDES 384,630 OF SERVICE FEE CHARGES AND 10,397 OF MAILING/POSTAGE CHARGES THAT WERE SEPERATELY IDENTIFIED AS SUCH IN THE INVOICES. DURING FISCAL YEAR 2019, MARTS & LUNDY INC. PROVIDED ADVANCEMENT AND CONSULTING SERVICES FOR THE DEVELOPMENT PROGRAM OF THE UNIVERSITY. true THE DALLAS FOUNDATION 3963 MAPLE AVENUE SUITE 390 DALLAS TX 75219 752890371 501C3 7500 PROGRAM SUPPORT GILDER LEHRMAN INSTITUTE OF AMERICA 49 WEST 45TH ST 6TH FLOOR NEW YORK NY 10036 133795391 501C3 21983 PROGRAM SUPPORT 2 STUDENT TUITION GRANTS 7473902 194557735 BOOK TUITION, FEES, AND SCHOLARSHIPS ROOM AND BOARD ALLOWANCES SCHEDULE I, PAGE 1, PART I, LINE 2 THE UNIVERSITY PROVIDES FINANCIAL AID TO STUDENTS TO ENABLE THEM TO ATTEND THE UNIVERSITY. ALL FINANCIAL AID RECIPIENTS ARE SELECTED ON AN EQUAL OBJECTIVELY DETERMINABLE BASIS WITH OTHER RECIPIENTS. THAT IS, ALL STUDENTS RECEIVING SCHOLARSHIPS AND FELLOWSHIPS ARE JUDGED WORTHY BASED ON THE UNIVERSITY'S ASSESSMENT OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER SIMILAR STANDARDS. A LIST OF RECIPIENTS OF SCHOLARSHIPS AND FELLOWSHIPS IS MAINTAINED IN THE UNIVERSITY'S FINANCIAL AID OFFICE. X X X X X X true true X X X X X X false false false true false false false false false R GERALD TURNER PRESIDENT/TRUSTEE 849752 434175 61560 27500 164361 1537348 DAYNA OSCHERWITZ PROFESSOR TRUSTEE 81359 32378 4170 10451 34448 162806 RAKESH DAHIYA TREASURER 411801 239500 24721 27500 23372 726894 BRAD E CHEVES VP DEVELOPMENT AND E 459599 91000 27535 27500 22574 628208 STEVEN CURRALL PROVOST, VP ACAD AFF 506056 50000 19147 27500 16603 619306 CHRISTINE REGIS VP BUSINESS AND FINA 467551 50000 14392 27500 23372 582815 PAUL WARD VP LEGAL AFFAIRS AND 402466 25000 17235 27500 18943 491144 HAROLD STANLEY VP / INTERIM PROVOST 315515 25000 17558 27500 18477 404050 KENECHUKWU MMEJE VP STUDENT AFFAIRS 272257 19770 21900 21944 335871 MATTHEW MYERS DEAN 423823 31645 27500 31284 514252 THOMAS DIPIERO DEAN 336130 1500 15387 27500 10902 391419 TIMOTHY JANKOVICH BASKETBALL COACH 493487 1565833 25431 27500 27854 2140105 DANIEL DYKES ATHLETIC COACH 444714 840000 2363 27500 25737 1340314 RICHARD HART ATHLETICS DIRECTOR 544317 50000 5381 27500 27439 654637 WILLIAM DILLON SR ASSOC DEAN BUSINE 332572 223824 5040 27500 27230 616166 JAMES LINCK FINANCE DEPT CHAIR 280685 213000 41417 27500 23811 586413 PAUL W LUDDEN FORMER PRVTS & VP AC 355579 5775 27500 21897 410751 ALBERT NIEMI JR DEAN 398600 111007 4198 27500 23619 564924 PETER MOORE FORMER INTERIM DEAN 243888 4104 24684 24296 296972 SCHEDULE J, PAGE 1, PART I, LINE 1A CHARTER FLIGHT TRAVEL COSTS WERE INCURRED BY TIMOTHY JANKOVICH AND SONNY DYKES . THE UNIVERSITY'S TRAVEL POLICY PROVIDES THAT EXPENSES INCURRED BY SPOUSES ARE NOT REIMBURSABLE UNLESS THE SPOUSE IS TRAVELING FOR A BONA FIDE BUSINESS PURPOSE AND THE TRAVEL HAS BEEN APPROVED. ANY EXCEPTIONS TO THE POLICY REQUIRE APPROVAL BY THE APPROPRIATE UNIVERSITY OFFICER. ALL SPOUSAL TRAVEL IS PROCESSED UNDER THE PROVISIONS OF THE TAX DEPARTMENT'S SPOUSAL TRAVEL POLICY WHICH PROVIDES FOR EVALUATING THE TAXABLE COMPONENT, IF ANY, OF THE TRAVEL AND THE APPROPRIATE TAX TREATMENT AND REPORTING. ALL SPOUSAL TRAVEL REGARDING PRESIDENT TURNER ALSO REQUIRES THE REVIEW AND APPROVAL OF THE BOARD OF TRUSTEES AUDIT COMMITTEE CHAIR. APPROPRIATE APPROVALS IN ACCORDANCE WITH POLICY ARE REQUIRED PRIOR TO REIMBURSEMENT. SPOUSAL TRAVEL EXPENSES WERE PAID AND WERE REPORTED AS TAXABLE COMPENSATION FOR R GERALD TURNER, BRAD CHEVES, MATTHEW MYERS AND STEVEN CURRALL. THE PRESIDENT IS REQUIRED, UNDER HIS EMPLOYMENT CONTRACT, TO RESIDE IN THE UNIVERSITY PROVIDED RESIDENCE. THERE IS A POLICY REGARDING REVIEW/APPROVAL OF SOCIAL CLUB DUES. THE UNIVERSITY HAS ESTABLISHED A REPORTING PERIOD OF NOVEMBER 1 THROUGH OCTOBER 31 FOR REPORTING PERSONAL USE OF A CLUB AND CALCULATING THE PERSONAL PORTION OF DUES THAT SHOULD BE REPORTED AS TAXABLE INCOME. ANY PERSONAL CHARGES AT SOCIAL CLUBS ARE REIMBURSED TO THE UNIVERSITY WHEN THE BILLING IS RECEIVED, PRIOR TO PAYMENT. THE EMPLOYEES WHO HAD PERSONAL AMOUNTS REPORTED AS TAXABLE COMPENSATION RELATED TO SOCIAL CLUB DUES ARE R GERALD TURNER, BRAD CHEVES, MATTHEW MYERS AND TIMOTHY JANKOVICH. THE UNIVERSITY PROVIDES SERVICES SUCH AS LANDSCAPING AND RESIDENTIAL REPAIRS AND MAINTENANCE FOR THE PRESIDENT'S RESIDENCE, CONSIDERING THEM NECESSARY AND APPROPRIATE FOR HIS USE OF THE FACILITY FOR BUSINESS FUNCTIONS AS THE RESIDENCE IS A UNIVERSITY OWNED ASSET. THE PERCENTAGE OF THE MAID'S COMPENSATION AND BENEFITS RELATED TO PERSONAL SERVICES WAS REPORTED AS TAXABLE COMPENSATION TO R GERALD TURNER. SCHEDULE J, PAGE 1, PART I, LINE 5A PART I, LINE 5A - COMPENSATION CONTINGENT UPON REVENUES OF ORGANIZATION THERE IS ONE PERSON LISTED IN FORM 990, PART VII, WHO RECEIVED AN INCENTIVE COMPENSATION BONUS. THE ELIGIBILITY FOR AND THE AMOUNT OF THE PAYMENT IS DETERMINED BY TWO COMPONENTS: A QUANTITATIVE MEASURE OF THE PERFORMANCE OF THE UNIVERSITY'S INVESTMENT POOL AGAINST AN APPROPRIATE BENCHMARK AND A QUALITATIVE MEASURE BASED ON FACTORS SUCH AS RISK MITIGATION, QUALITY OF DECISION MAKING AND CONTRIBUTIONS TO ADVANCEMENT OF THE ENDOWMENT. A 2007 SOUTHWEST HIGHER EDUCATION 521442059 845040GD0 2007-02-14 100890740 ADVANCE REFUND PORTION false false false B 2009 SOUTHWEST HIGHER EDUCATION 521442059 845040HG2 2009-10-01 162035907 FINANCE NEW MONEY PROJECTS AND CURRENTLY REFUND true false false C 2010 SOUTHWEST HIGHER EDUCATION 521442059 845040JB1 2010-10-28 124998461 FINANCE NEW MONEY PROJECTS. true false false D 2013 SOUTHWEST HIGHER EDUCATION 521442059 845040JZ8 2013-04-16 107014349 FINANCE NEW MONEY PROJECTS. false false false A 75970000 114937923 1762831 922858 384931 113630133 false true true true B 35740000 102600000 162036208 1236365 66161260 94638583 2014 true false true true C 11540000 99490000 125317215 1091820 18 124225377 2018 false false true true D 107843114 820533 106095652 926929 false false false true A false false true true true true 0.01700 0.01700 false false true B false false true true true true 0.00700 0.00700 false false true C false false true true false 0.00200 0.00200 false false true D false false false false false false true A false false false true false false false false true B false false false true false false false false true C false false false true false false false false true D false true false true false false true DEUTSCHE BANK 2.800000000000 true false true A true B true C true D true SCHEDULE K - PURPOSE OF ISSUE DESCRIPTION 2007 SOUTHWEST HIGHER EDUCATION ADVANCE REFUND PORTION OF PRINCIPAL ON THE 1999A (1/20/99) AND 2002 (7/3/2002) BONDS. 2009 SOUTHWEST HIGHER EDUCATION FINANCE NEW MONEY PROJECTS AND CURRENTLY REFUND THE 1999D (1/20/1999) AND THE 2006 (3/1/2006) BONDS. 2010 SOUTHWEST HIGHER EDUCATION FINANCE NEW MONEY PROJECTS. 2013 SOUTHWEST HIGHER EDUCATION FINANCE NEW MONEY PROJECTS. 2016 SOUTHWEST HIGHER EDUCATION ADVANCE REFUND & DEFEASE A PORTION OF PRINCIPAL ON THE 2009 (10/1/09) BONDS. 2017 SOUTHWEST HIGHER EDUCATION UMB CURRENTLY REFUND A PORTION OF PRINCIPAL ON THE 2007 (2/14/07) BONDS. SCHEDULE K - DATE REBATE COMPUTATION PERFORMED 2007 SOUTHWEST HIGHER EDUCATION 03/16/17 2009 SOUTHWEST HIGHER EDUCATION 10/01/14 2010 SOUTHWEST HIGHER EDUCATION 12/21/15 2013 SOUTHWEST HIGHER EDUCATION 05/17/18 202039 TUITION WAIVER EDUCATION 31128 MERIT SCHOLARSHIP EDUCATION SCHEDULE L, PART V SCHEDULE L, PART III THE AMOUNT REPORTED ON PART III, LINE 1(C) REPORTS TUITION WAIVERS GRANTED ON THE SAME BASIS AS TO ANY OTHER BENEFIT-ELIGIBLE EMPLOYEE. THE AMOUNT REPORTED ON PART III, LINE 2(C) REPORTS THE MERIT SCHOLARSHIPS AWARDED ON AN OBJECTIVE AND NON-DISCRIMINATORY BASIS BASED ON PRE-ESTABLISHED CRITERIA AND REVIEWED BY A SELECTION COMMITTEE. X 23 1987665 MARKET OR APPRAISAL X 37425 MARKET OR APPRAISAL X 249 7535010 MARKET OR APPRAISAL X 1 11510002 SEE PART II X 4 1422689 MARKET OR APPRAISAL X EQUIPMENT 5 34549 MARKET OR APPRAISAL X EVENT TICKETS 621 90337 MARKET OR APPRAISAL X EVENT EXPENSE 23 89670 MARKET OR APPRAISAL X OTHER 41 2673839 SEE PART II false true true SCHEDULE M, PAGE 1, PART I, LINE 32B SOUTHERN METHODIST UNIVERSITY HIRES EXTERNAL BROKERS AND APPRAISERS AS DEEMED APPROPRIATE. SCHEDULE M, PAGE 2, PART II PART 1, LINE 17, COL (D), REAL ESTATE - OTHER: CONSISTENT WITH UNIVERSITY'S PRACTICE FOR VALUATION OF MINERAL INTERESTS FOR FINANCIAL STATEMENTS' PRESENTATION. PART 1, LINE 28, OTHER - DETAIL COL (B) COL (C) PART 1, LINE 28, OTHER: LIVESTOCK 22 2,430,000 PART 1, LINE 28, OTHER: AUCTION 3 5,525 PART 1, LINE 28, OTHER: FURNISHINGS 1 995 PART 1, LINE 28, OTHER: ARCHIVAL RECORDS 12 209,055 PART 1, LINE 28, OTHER: MUSICAL INSTRUMENTS 3 28,264 ====== == ======== TOTAL PART 1 LINE 28 62 2,673,839 PART 1, LINE 28, COL (D), OTHER: MARKET OR APPRAISAL PART 1, COLUMN B: THE NUMBERS SHOWN IN COLUMN B REPRESENT THE NUMBER OF CONTRIBUTIONS. FORM 990 PART IV, LINE 12: THE UNIVERSITY DID NOT RECEIVE A SEPARATE AUDITED FINANCIAL STATEMENT. HOWEVER, THE UNIVERSITY'S CONSOLIDATED FINANCIAL STATEMENTS INCLUDING THE BALANCE SHEET AND RELATED STATEMENTS OF ACTIVITIES AND CASH FLOWS WERE AUDITED IN ACCORDANCE WITH GAAP AND WERE REPORTED ON A CONSOLIDATED BASIS. PART IV, LINE 24B: THE UNIVERSITY PLANS TO SPEND PROCEEDS WITHIN THE TEMPORARY PERIOD EXCEPTION, BUT IN CASES WHEN IT DOES NOT, IT PREPARES THE APPROPRIATE ARBITRAGE REPORTING AND REMITS ANY EXCESS EARNINGS OVER THE ARBITRAGE YIELD TO THE GOVERNMENT. PART IV, LINE 24C: THE UNIVERSITY RECEIVED IN A PRIOR YEAR A DONATION RESTRICTED FOR PROJECTS FUNDED BY BONDS WHICH IT PUT INTO ESCROW UNTIL THE EARLIEST REDEMPTION DATE. FORM 990, PAGE 2, PART III, LINE 4D ORGANIZED ACTIVITIES: ORGANIZED ACTIVITIES MAKE AVAILABLE TO THE PUBLIC VARIOUS RESOURCES THAT EXIST WITHIN THE UNIVERSITY SUCH AS SEMINARS, CONFERENCES AND CAMPS. FORM 990, PART V, LINE 4B UNITED KINGDOM FORM 990, PART VI SECTION B, LINE 14: SOUTHERN METHODIST UNIVERSITY DOES NOT HAVE A UNIVERSITY-WIDE RETENTION POLICY, BUT DEPARTMENTS WITHIN THE UNIVERSITY HAVE RETENTION AND DOCUMENT DESTRUCTION POLICIES THAT REFLECT LEGISLATIVE OR OTHER LEGAL REQUIREMENTS AND GOOD BUSINESS PRACTICES. FORM 990, PAGE 6, PART VI, LINE 2 R. GERALD TURNER RAY HUNT PRESIDENT TRUSTEE BUSINESS RELATIONSHIP JEANNE PHILLIPS RAY HUNT TRUSTEE TRUSTEE BUSINESS RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 7B PURSUANT TO THE RESTATED ARTICLES OF INCORPORATION OF SMU, CAMPUS PROPERTY MAY BE SOLD OR LEASED ONLY WITH THE CONSENT OF THE SOUTH CENTRAL JURISDICTIONAL CONFERENCE OF THE UNITED METHODIST CHURCH. FORM 990, PAGE 6, PART VI, LINE 11B THE COMPLETED FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES AT A REGULARLY SCHEDULED MEETING SUFFICIENTLY IN ADVANCE OF THE FILING DEADLINE TO ENABLE A DETAILED AND CONSCIENTIOUS REVIEW BY THE COMMITTEE. ALL QUESTIONS AND CONCERNS OF THE AUDIT COMMITTEE ARE ADDRESSED BY THE UNIVERSITY AND INCORPORATED INTO THE FORM 990 AS REQUIRED. THE CHAIR OF THE AUDIT COMMITTEE REPORTS ON THIS REVIEW TO THE FULL BOARD OF TRUSTEES AT THE NEXT REGULAR MEETING OF THE BOARD OF TRUSTEES. THE CHAIR OF THE AUDIT COMMITTEE INSTRUCTS THE MEMBERS OF THE BOARD ON HOW TO ACCESS THE FORM 990 ON A SECURE WEBSITE AND ENCOURAGES ANY TRUSTEE WITH QUESTIONS TO CONTACT THE VICE PRESIDENT FOR BUSINESS AND FINANCE. ALL BOARD MEMBERS ALSO RECEIVE AN EMAIL CONTAINING INSTRUCTIONS ON HOW TO ACCESS THE FORM 990 PRIOR TO THE IRS FILING DEADLINE. FORM 990, PAGE 6, PART VI, LINE 12C PURSUANT TO THE SMU CONFLICT OF INTEREST POLICY RELATING TO TRUSTEES, MEMBERS OF BOARD COMMITTEES, EXECUTIVE OFFICERS, AND DEANS, EACH COVERED PERSON COMPLETES A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY. THESE DISCLOSURES ARE REVIEWED BY A BOARD OF TRUSTEES CONFLICTS COMMITTEE. THE COMMITTEE REVIEWS THE MATERIAL FACTS AND DECIDES WHETHER SUCH FACTS GIVE RISE TO CONFLICTS OF INTEREST AND, IF SO, WHETHER SUCH CONFLICTS OF INTEREST SHOULD BE APPROVED OR DISAPPROVED. WITH RESPECT TO ANY OTHER SMU EMPLOYEES WITH AUTHORITY TO SIGN CONTRACTS OR WHO OTHERWISE PLAY A SUBSTANTIVE ROLE IN THE CONTRACT APPROVAL PROCESS FOR FINANCIAL AND OTHER COMMERCIAL COMMITMENTS OF THE UNIVERSITY, EACH SUCH PERSON MUST COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY. THESE DISCLOSURES ARE REVIEWED BY THE GENERAL COUNSEL. UPON REVIEW OF ALL MATERIAL FACTS, THE GENERAL COUNSEL MUST DECIDE WHETHER SUCH FACTS GIVE RISE TO CONFLICTS OF INTEREST AND, IF SO, WHETHER SUCH CONFLICTS OF INTEREST SHOULD BE APPROVED OR DISAPPROVED. THE GENERAL COUNSEL PROVIDES A WRITTEN REPORT OF ALL SUCH DETERMINATIONS TO THE BOARD CONFLICTS COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 15A PURSUANT TO THE COMPENSATION COMMITTEE CHARTER ADOPTED BY THE SMU BOARD OF TRUSTEES, THE COMPENSATION COMMITTEE OF THE SMU BOARD OF TRUSTEES CONSISTS ENTIRELY OF OUTSIDE AND INDEPENDENT MEMBERS OF THE BOARD. THE COMMITTEE MAKES COMPENSATION DECISIONS BASED UPON APPROPRIATE COMPARABILITY DATA AND INCLUDES THE ADVICE OF AN INDEPENDENT COMPENSATION CONSULTANT AND CONTEMPORANEOUS DOCUMENTATION OF THE COMPENSATION DECISIONS. THE COMPENSATION COMMITTEE HAS ALL OF THE POWERS OF THE FULL BOARD IN MATTERS OF COMPENSATION OF CORPORATE OFFICERS; THE COMPENSATION COMMITTEE MUST REPORT ANY ACTION TAKEN BY THE COMMITTEE TO THE BOARD OF TRUSTEES AT THE BOARD'S NEXT MEETING. FORM 990, PAGE 6, PART VI, LINE 15B SEE ANSWER IN PART VI, LINE 15A. FORM 990, PAGE 6, PART VI, LINE 17 MISSISSIPPI, MISSOURI, NEW HAMPSHIRE, NEW JERSEY, NEW MEXICO, NEW YORK, NORTH CAROLINA, NORTH DAKOTA, OHIO, OREGON, PENNSYLVANIA, RHODE ISLAND, SOUTH CAROLINA, TENNESSEE, UTAH, VIRGINIA, WASHINGTON, WEST VIRGINIA, WISCONSIN FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART VI, LINE 18 - ALL REQUESTS FOR COPIES OF FORM 990 AND 990-T ARE REVIEWED AND PROCESSED BY THE TAX DEPARTMENT OF SOUTHERN METHODIST UNIVERSITY. UPON RECEIVING A WRITTEN REQUEST, THE UNIVERSITY PROVIDES A COPY OF THE REQUESTED DOCUMENTATION WITHIN 30 DAYS FROM THE DATE OF RECEIPT. IF THE REQUEST IS MADE IN PERSON, THE UNIVERSITY PROVIDES THE COPIES ON THE DAY OF THE REQUEST, UNLESS UNUSUAL CIRCUMSTANCES PREVENT THIS IN WHICH CASE THE REQUESTED DOCUMENTATION IS PROVIDED WITHIN FIVE DAYS AFTER THE DATE OF THE REQUEST. FORM 990, PART XI THE AUDIT COMMITTEE FOR SOUTHERN METHODIST UNIVERSITY, THE SUPPORTED ORGANIZATION, IS RESPONSIBLE FOR REVIEWING THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS AND ACCOMPANYING FOOTNOTES. DURING THE AUDIT COMMITTEE MEETING, THE COMMITTEE MEMBERS ARE GIVEN AN OPPORTUNITY TO ASK QUESTIONS OF MANAGEMENT AND THE AUDIT FIRM. SIGNIFICANT TRANSACTIONS ARE HIGHLIGHTED IN THE EXECUTIVE SUMMARY PROVIDED TO THE COMMITTEE. FORM 990 PART X LINES 27-29: SMU ADOPTED ASU 2016-14 IN THE YEAR ENDING MAY 31, 2018. UNRESTRICTED NET ASSETS INCLUDE ALL NET ASSET CLASSIFIED AS "NET ASSET WITHOUT DONOR RESTRICTIONS" IN ACCORDANCE WITH ASC 958. PERMANENTLY RESTRICTED NET ASSETS INCLUDE ALL NET ASSETS CLASSIFIED AS "NET ASSETS WITH DONOR RESTRICTIONS" IN ACCORDANCE WITH ASC 958. PERUNA HOLDINGS CORPORATION PO BOX 750261 DALLAS TX 752750261 204039621 SUPPORTING TX 509A3 12A SMU false MUSTANG MOCKINGBIRD PROPERTIES PO BOX 750261 DALLAS TX 752750261 204216534 SUPPORTING TX 509A3 12A SMU false SOUTHERN METHODIST UNIVERSITY FOUND PO BOX 750261 DALLAS TX 752750261 200588905 SUPPORTING TX 509A3 12A SMU false SMU CORP PO BOX 750261 DALLAS TX 752750261 264739435 SUPPORTING TX 501C3 12A SMU false PERUNA EAST CORPORATION PO BOX 750261 DALLAS TX 752750261 454611768 SUPPORTING TX 501C3 12A SMU false SMU GOLF FOUNDATION PO BOX 750261 DALLAS TX 752750261 465131991 SUPPORTING TX 501C3 12A SMU false CHARITABLE REMAINDER TRUST 7 DALLAS TX 75275 TRUST TX SMU TRUST false false false false false false false false false false false true true false true true false false true true ALL TRANSACTIONS MARKED YES ABOVE ARE WITH 501(C)(3) ORGANIZATIONS