2020-04-23T15:38:22-05:00 2019-06-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 777 E WISCONSIN AVENUE MILWAUKEE WI 53202 990 2018-07-01 951641455 MOUNT SAINT MARY'S UNIVERSITY MOUN 3109544000 12001 CHALON RD LOS ANGELES CA 90049 DEBRA MARTIN VP ADMINISTRATION & FINANCE 3109544000 2020-03-30 1 TROY MARINE CPA P00187863 4147775500 2020-03-30 97.116.9.158 2020-03-30 13:29:41 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 E632B65106FB8D3C1D979C8D7E6021F52E275CBE 2018 2020-11-06 18:47:13Z ANN MCELANEY-JOHNSON 12001 CHALON RD LOS ANGELES CA 90049 168289133 0 0928 X WWW.MSMU.EDU X 1925 CA MOUNT SAINT MARY'S UNIVERSITY, IS A CALIFORNIA NONPROFIT PUBLIC BENEFITS CORPORATION FOUNDED BY THE SISTERS OF ST. JOSEPH OF CARONDELET (PROVINCIALATE), A RELIGIOUS COMMUNITY OF THE ROMAN CATHOLIC CHURCH. THE UNIVERSITY WAS FOUNDED IN 1925 BY SISTERS OF ST. JOSEPH AND HAS OPERATED CONTINUOUSLY SINCE THAT DATE. THE OBJECTIVE OF MOUNT SAINT MARY'S UNIVERSITY AS A NONPROFIT EDUCATIONAL INSTITUTION IS SERVICE. THE UNIVERSITY HAS DEVOTED ITSELF TO EXCELLENCE IN LIBERAL ARTS AND SCIENCES AND GRANTS DEGREES IN ASSOCIATE, BACCALAUREATE, MASTERS AND DOCTOR PROGRAMS, WITH A SPECIAL FOCUS ON THE EDUCATION OF WOMEN FOR LEADERSHIP POSITIONS IN OUR SOCIETY. 29 28 2092 135 81227 0 13286031 16972294 108337357 104209321 8691514 5970403 443640 634819 130758542 127786837 33074859 32154297 0 0 55705160 56868290 0 86961 2092438 34696023 33248458 123476042 122358006 7282500 5428831 266358613 326775085 14234650 67578799 252123963 259196286 X MOUNT SAINT MARY'S UNIVERSITY OFFERS A DYNAMIC LEARNING EXPERIENCE IN THE LIBERAL ARTS AND SCIENCES TO A DIVERSE STUDENT BODY. AS A CATHOLIC COLLEGE PRIMARILY FOR WOMEN, WE ARE DEDICATED TO PROVIDING A SUPERIOR EDUCATION ENHANCED BY AN EMPHASIS ON BUILDING LEADERSHIP SKILLS AND FOSTERING A SPIRIT TO SERVE OTHERS. OUR MEASURE OF SUCCESS IS GRADUATES WHO ARE COMMITTED TO USING THEIR KNOWLEDGE AND SKILLS TO BETTER THEMSELVES, THEIR ENVIRONMENTS, AND THE WORLD. 0 0 98665371 32154297 94298591 INSTRUCTION: MOUNT SAINT MARY'S UNIVERSITY PROVIDES VALUES BASED TRADITIONAL UNDERGRADUATE EDUCATION FOR WOMEN, AS WELL AS, INNOVATIVE NON-TRADITIONAL UNDERGRADUATE AND GRADUATE EDUCATIONAL PROGRAMS FOR WOMEN AND MEN. THE UNIVERSITY'S ACADEMIC PROGRAMS PLACE A STRONG EMPHASIS ON SOCIAL AND ETHICAL VALUES CONSISTENT WITH A VIEW OF COMPASSIONATE COMMUNITY INVOLVEMENT. SINCE ITS INCEPTION, THE UNIVERSITY HAS GRANTED MORE THAN 26,000 DEGREES. DURING THE FISCAL YEAR ENDED JUNE 30, 2019, THE UNIVERSITY ENROLLED APPROXIMATELY 1,648 FULL-TIME EQUIVALENTS (FTE) TRADITIONAL UNDERGRADUATE STUDENTS; 534 FTE NON-TRADITIONAL UNDERGRADUATE STUDENTS; AND 707 FTE GRADUATE STUDENTS. 6835222 8524620 AUXILIARY ENTERPRISES: MOUNT SAINT MARY'S UNIVERSITY AUXILIARY ENTERPRISES ARE COMPRISED OF RESIDENCE AND DINING HALLS, AND PARKING FACILITIES. DURING THE FISCAL YEAR ENDED JUNE 30, 2019, RESIDENCE HALL OCCUPATION WAS APPROXIMATELY 650 UNDERGRADUATE STUDENTS. 1286587 1386110 MOUNT SAINT MARY'S UNIVERSITY AND THE GEENA DAVIS INSTITUTE ON GENDER IN MEDIA (INSTITUTE) HAVE ESTABLISHED A LONG-TERM STRATEGIC ALLIANCE THAT CREATES NEW RESEARCH, EDUCATION AND ADVOCACY PROGRAMS UNDER MOUNT SAINT MARY'S UNIVERSITY. FOUNDED IN 2004 BY ACADEMY AWARD WINNING ACTOR AND ADVOCATE GEENA DAVIS, THE INSTITUTE AND ITS PROGRAMMING ARM, SEE JANE, IS THE ONLY RESEARCH-BASED ORGANIZATION WORKING WITHIN THE MEDIA AND ENTERTAINMENT INDUSTRY TO ENGAGE, EDUCATE, AND INFLUENCE THE NEED FOR GENDER BALANCE, REDUCING STEREOTYPING AND CREATING A WIDE VARIETY OF FEMALE CHARACTERS FOR ENTERTAINMENT TARGETING 11 YEARS OLD AND UNDER. THE INSTITUTE HAS AMASSED THE LARGEST BODY OF RESEARCH ON GENDER PREVALENCE IN ENTERTAINMENT SPANNING 20 YEARS. 106787180 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 X 308 0 2092 1 1 1 1 CJ CA HK VQ 0 0 0 1 1 0 0 0 0 0 0 X 29 28 1 0 1 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 CA X ANDREW LOCCISANO 3109544000 12001 CHALON ROAD LOS ANGELES CA 90049 ANN MCELANEY-JOHNSON PRESIDENT 40.00 0.00 X X 357500 0 145917 THOMAS J BLUMENTHAL BOARD CHAIR 8.00 0.00 X X 0 0 0 SISTER BARBARA ANNE STOWASSER CSJ BOARD VICE CHAIR 1.00 39.00 X X 0 0 0 GRACE KADNER WICKERSHAM BOARD SECRETARY/TREASURER 1.00 0.00 X X 0 0 0 MAUREEN ARCHAMBAULT TRUSTEE 1.00 0.00 X 0 0 0 JOSEPH BURSCHINGER TRUSTEE 1.00 0.00 X 0 0 0 MONSIGNOR CLEMENT J CONNOLLY TRUSTEE 1.00 0.00 X 0 0 0 SISTER ANNETTE DEBS CSJ TRUSTEE 1.00 39.00 X 0 0 0 KATHLEEN M DUNCAN TRUSTEE 1.00 0.00 X 0 0 0 SHIREEN FATEMI TRUSTEE 1.00 0.00 X 0 0 0 JANET FEELEY TRUSTEE 1.00 0.00 X 0 0 0 KIMBERLY FREEMAN TRUSTEE 1.00 0.00 X 0 0 0 ZULEMA GARCIA TRUSTEE 1.00 0.00 X 0 0 0 KATHLEEN KENT GARVEY TRUSTEE 1.00 0.00 X 0 0 0 GABRIEL A GUTIERREZ TRUSTEE 1.00 0.00 X 0 0 0 ILEANA HERNANDEZ TRUSTEE 1.00 0.00 X 0 0 0 MONICA SPILLANE LUECHTEFELD TRUSTEE 1.00 0.00 X 0 0 0 J MARIO MOLINA TRUSTEE 1.00 0.00 X 0 0 0 SISTER MAUREEN O'CONNOR CSJ TRUSTEE 1.00 39.00 X 0 0 0 MARIA GUTIERREZ OTT TRUSTEE 1.00 0.00 X 0 0 0 STEPHEN F PAGE TRUSTEE 1.00 0.00 X 0 0 0 SISTER EDITH PRENDERGAST RSC TRUSTEE 1.00 0.00 X 0 0 0 DEBORAH E REED TRUSTEE 1.00 0.00 X 0 0 0 SISTER MARY P ROSHOLT CSJ TRUSTEE 1.00 39.00 X 0 0 0 LINDA J SAX TRUSTEE 1.00 0.00 X 0 0 0 JANNE SHIRLEY TRUSTEE 1.00 0.00 X 0 0 0 DR SONIA SINGLA TRUSTEE 1.00 0.00 X 0 0 0 CAMBRIA TORTORELLI TRUSTEE 1.00 0.00 X 0 0 0 SISTER SANDRA WILLIAMSCSJ TRUSTEE 1.00 39.00 X 0 0 0 DEBRA MARTIN CORP TREASURER/VP ADMIN & FIN 2/1/18 40.00 0.00 X 244584 0 24153 ROBERT PERRINS VICE PRESIDENT OF CORP & PROVOST 40.00 0.00 X 227942 0 49893 LUCILLE VILLEGAS SECRETARY OF THE CORPORATION 40.00 0.00 X 126981 0 25854 STEPHANIE CUBBA VP INSTITUTIONAL ADVANCEMENT 40.00 0.00 X 246134 0 38663 LAWRENCE SMITH VP STRATEGIC INITIATIVES 40.00 0.00 X 229108 0 51755 JANE LINGUA VP STUDENT AFFAIRS 40.00 0.00 X 223838 0 33025 BRIAN O'ROUKE VP FOR ENROLLMENT MANAGEMENT 40.00 0.00 X 196398 0 34931 SUZANNE WILLIAMS DEAN WEEKEND COLLEGE 40.00 0.00 X 177153 0 37510 LEAH FITZGERALD PROFESSOR 40.00 0.00 X 176268 0 24375 ANDREW LOCCISANO AVP FOR FINANCIAL SERVICES 40.00 0.00 X 166060 0 27364 DEBORAH LOWE PROFESSOR 40.00 0.00 X 164560 0 27060 RICK TORKELSON FACILITIES DIRECTOR 40.00 0.00 X 160013 0 33102 CHRISTOPHER MCALARY FORMER VP ADMIN/FIN. TERM 6/30/17 0.00 0.00 X 118827 0 0 WENDY MCCREDIE FORMER PROVOST TERM 6/30/15 0.00 0.00 X 141145 0 43581 2956511 0 597183 82 1 1 0 BON APPETIT MANAGEMENT COMPANY 1200 GETTY CENTER TRAM 100 LOS ANGELES CA 90049 RESTAURANT MANAGEMENT 3008496 ELLUCIAN COMPANY 13377 COLLECTION CENTER DR CHICAGO IL 60693 COMPUTER SUPPORT 1286821 MANATT PHELPS & PHILLIPS LLP 11355 WEST OLYMPIC BLVD LOS ANGELES CA 900641614 LEGAL 1057843 ALLIED UNIVERSAL SECURITY SERVCIES 161 WASHINGTON STREET STE 600 CONSHOHOCKEN PA 19428 SECURITY 922769 LPA INC PO BOX 7399 NEWPORT BEACH CA 926587399 ARCHITECT 690168 43 175005 20100 4341826 12435363 82209 16972294 TUITION AND FEES 611710 94522078 94522078 HOUSING 721310 4342216 4342216 FOOD SERVICE 721310 4182404 4182404 FILM INCOME 611710 717039 717039 DA CAMERA SOCIETY 611710 252907 252907 192677 192677 104209321 2400623 81227 2319396 621538 621538 233175 305260 -72085 -72085 -72085 42899184 39950942 2948242 2948242 2948242 62643 175005 246094 -183451 -183451 MISCELLANEOUS INCOME 611710 396575 396575 INSURANCE PROCEEDS 524298 300000 300000 ADMIN RECOVERY 611710 193780 193780 890355 127786837 104209321 81227 6523995 32154297 32154297 1920820 928623 743819 248378 42653776 37391337 4250858 1011581 3365946 2860646 392427 112873 5820944 4908077 717669 195198 3106804 2640407 362215 104182 3332890 2086863 1163138 82889 215822 215822 322159 8850 313309 86961 86961 677528 677528 1736733 1317750 356484 62499 898296 824049 49584 24663 12039832 10484784 1439492 115556 1461872 1154485 307387 1774163 1543673 230490 700960 593416 75020 32524 243534 179529 49230 14775 866709 814706 52003 190028 190028 4426345 4160764 265581 583067 2512 580340 215 CANCELLATION COSTS 1093609 1093609 BUILDING MAINTENANCE 1018681 975648 43033 SECURITY 922586 867231 55355 MISCELLANEOUS 743644 699505 43995 144 122358006 106787180 13478388 2092438 26105 26997 25644115 34160471 8117154 7702978 3644400 4027967 4577529 4524530 590306 504795 152531772 62226319 78278701 90305453 41512980 28796234 103879253 156637590 88070 88070 266358613 326775085 7672651 8332691 555580 448967 5080111 4529559 0 39794532 0 13433716 926308 1039334 14234650 67578799 X 130433377 132450293 67228118 70644610 54462468 56101383 252123963 259196286 266358613 326775085 X 5428831 1644544 -1052 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 140881454 1613640 6303145 6311777 677528 141808934 134766278 715141 11011325 4947084 664206 140881454 122465254 1010272 16465765 4551374 623639 134766278 129458028 2619002 -4933158 4122045 556573 122465254 127590736 5792759 323730 3683504 565693 129458028 0.41120 0.34700 0.24180 1 0 10256363 10256363 122997073 46095628 76901445 16176339 14103845 2072494 3101997 2026846 1075151 90305453 COMMONFUND PE INVESTMENTS 6445744 F OFFSHORE FUNDS 56335307 F REAL ESTATE INVESTMENT TRUSTS 393520 F ANNUITY CONTRACTS 781458 F MINERAL RIGHTS 660299 C PARTNERSHIP INVESTMENTS 51848858 F DEPOSITS HELD BY BOND TRUSTEE 40172404 C 156637590 ANNUITIES PAYABLE 590177 ASSET RETIREMENT OBLIGATION 320500 RETAINAGE 128657 1039334 X 96223138 1644544 -197159 1447385 94775753 677528 32333556 33011084 127786837 89150815 -196107 -196107 89346922 677528 32333556 33011084 122358006 PART III, LINE 4: THE JOSE DRUDIS-BIADA'S ARTWORK IS LOCATED AT VARIOUS LOCATIONS THROUGHOUT THE UNIVERSITY FOR PUBLIC DISPLAY. PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 47 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE GOVERNING BOARD TO FUNCTION AS ENDOWMENTS. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT IS ALSO EXEMPT FROM STATE INCOME TAX. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. THE UNIVERSITY FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE UNIVERSITY FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2019 AND 2018. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: ACTUARIAL ADJUSTMENT -1,052. FUNDRAISING EXPENSES NETTED DIRECTLY AGAINST REVENUE 246,094. RENTAL EXPENSES 305,260. BAD DEBTS NETTED WITH REVENUES -26,589. CEFA INTEREST INCOME NETTED DIRECTLY AGAINST EXPENSE -720,872. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 32,154,297. FILM COMMISSION 179,259. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED DIRECTLY AGAINST REVENUE 246,094. RENTAL EXPENSES 305,260. BAD DEBTS NETTED WITH REVENUES -26,589. CEFA INTEREST INCOME NETTED DIRECTLY AGAINST EXPENSE -720,872. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 32,154,297. FILM COMMISSION 179,259. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY'S NONDISCRIMINATION POLICY IS CLEARLY STATED IN THE UNIVERSITY'S CATALOG AND ADMISSION BROCHURES, AS WELL AS THE WEBSITE AND PRINTED MEDIA PROVIDED TO DONORS. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES SUPPORT FROM THE US GOVERNMENT IN CONNECTION WITH THE FEDERAL WORK-STUDY PROGRAM, PELL GRANT, AND THE FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM. CENTRAL AMERICA AND THE CARIBBEAN - 0 0 INVESTMENTS 56335307 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 269743 0 0 0 0 0 0 56605050 0 56605050 1 0 0 1 1 0 PART I, LINE 3: THE UNIVERSITY USED THE ACCRUAL METHOD TO REPORT INVESTMENTS IN SCHEDULE F, PART I. SCHEDULE F, PART IV, LINE 4: THE UNIVERSITY INVESTS IN PARTNERSHIPS THAT HOLD DIRECT OR INDIRECT INTERESTS IN PASSIVE FOREIGN INVESTMENT COMPANIES. THE INVESTMENT PARTNERSHIPS HAVE PROPERLY FILED FORM 8621, OR THE UNDERLYING INVESTMENTS DID NOT GENERATE ANY UNRELATED BUSINESS INCOME. UNDER THESE FACTS, IT IS NOT NECESSARY FOR THE UNIVERSITY TO FILE AN ADDITIONAL 8621. SCHEDULE F, PART IV, LINE 5: THE UNIVERSITY INVESTS IN PARTNERSHIPS THAT HOLD DIRECT OR INDIRECT INTERESTS IN FOREIGN PARTNERSHIPS. HOWEVER, THE UNIVERSITY DOES NOT MEET THE FILING REQUIREMENTS OF FORM 8865 AS A RESULT. X X X X X X X 1 EAB 1920 E PARHAM ROAD RICHMOND VA 23228 ANNUAL GIVING CAMPAIGN FUNDRAISING 0 201664 86961 114703 201664 86961 114703 CA REPORT - STATUS OF WOMEN AND GIRLS 109700 81250 28450 77259 3083 29014 WOMEN LEADERSHIP CONFERENCE 44243 26750 17493 11747 11196 29855 7 83705 67005 16700 6900 17947 5170 53923 237648 175005 62643 95906 32226 5170 112792 246094 -183451 1 COLLEGE FUNDED GRANTS/AWARDS FOR STUDENTS 1900 24487158 COLLEGE FUNDED WAIVERS/DISCOUNT FOR STUDENTS 328 2267632 PRIVATE DONATIONS - EXPENDABLE FOR STUDENTS 393 2125338 PRIVATE DONATIONS - ENDOWED FOR STUDENTS 374 2842834 FEDERAL FUNDED GRANTS/FINANCIAL AID FOR STUDENTS 196 431335 PART I, LINE 2: THE OFFICE OF STUDENT FINANCING IS RESPONSIBLE FOR THE MONITORING OF ALL STUDENT AID. ALL GRANT AID IS APPLIED DIRECTLY TO THE STUDENT ACCOUNT. X X 1 1 X X X X 1 0 0 0 0 0 0 0 0 ANN MCELANEY-JOHNSON PRESIDENT 332265 0 0 0 25235 0 27500 0 118417 0 503417 0 0 0 DEBRA MARTIN CORP TREASURER/VP ADMIN & FIN 2/1/18 238076 0 0 0 6508 0 23458 0 695 0 268737 0 0 0 ROBERT PERRINS VICE PRESIDENT OF CORP & PROVOST 218747 0 0 0 9195 0 22794 0 27099 0 277835 0 0 0 LUCILLE VILLEGAS SECRETARY OF THE CORPORATION 125387 0 0 0 1594 0 12698 0 13156 0 152835 0 0 0 STEPHANIE CUBBA VP INSTITUTIONAL ADVANCEMENT 244250 0 0 0 1884 0 24610 0 14053 0 284797 0 0 0 LAWRENCE SMITH VP STRATEGIC INITIATIVES 222623 0 0 0 6485 0 22911 0 28844 0 280863 0 0 0 JANE LINGUA VP STUDENT AFFAIRS 221758 0 0 0 2080 0 22384 0 10641 0 256863 0 0 0 BRIAN O'ROUKE VP FOR ENROLLMENT MANAGEMENT 189975 0 0 0 6423 0 19640 0 15291 0 231329 0 0 0 SUZANNE WILLIAMS DEAN WEEKEND COLLEGE 168264 0 0 0 8889 0 17715 0 19795 0 214663 0 0 0 LEAH FITZGERALD PROFESSOR 173738 0 0 0 2530 0 17627 0 6748 0 200643 0 0 0 ANDREW LOCCISANO AVP FOR FINANCIAL SERVICES 142830 0 0 0 23230 0 16606 0 10758 0 193424 0 0 0 DEBORAH LOWE PROFESSOR 162761 0 0 0 1799 0 16456 0 10604 0 191620 0 0 0 RICK TORKELSON FACILITIES DIRECTOR 155313 0 0 0 4700 0 15495 0 17607 0 193115 0 0 0 CHRISTOPHER MCALARY FORMER VP ADMIN/FIN. TERM 6/30/17 0 0 0 0 118827 0 0 0 0 0 118827 0 0 0 WENDY MCCREDIE FORMER PROVOST TERM 6/30/15 120017 0 0 0 21128 0 14165 0 29416 0 184726 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE - PRESIDENT, ANN MCELANEY-JOHNSON - NOT INCLUDED IN TAXABLE COMPENSATION. HEALTH OR SOCIAL CLUB DUES OR INITATION FEES - PRESIDENT, ANN MCELEANEY-JOHNSON - USE OF FACILITIES FOR UNIVERSITY BUSINESS MEETINGS AND OTHER RELATED PURPOSES - NOT INCLUDED IN TAXABLE COMPENSATION. PART I, LINE 4A CHRISTOPHER MCALARY - SEVERANCE - $118,827 A CALIFORNIA EDUCATIONAL FACILITES AUTHORITY 521705592 130179QG2 2018-09-06 40386211 CONSTRUCTION 0 0 0 A 41007749 2685339 444390 4978665 1439325 34589759 0 0 0 1 A 0 0 0 0 0.00000 0.00070 0.00070 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CALIFORNIA EDUCATIONAL FACILITES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 10/28/2019 SCHEDULE K, PART II, LINE 3: TOTAL PROCEEDS OF THE ISSUE EXCEEDED THE ISSUE PRICE DUE TO INVESTMENT EARNINGS ON THE PROCEEDS. X 9 82209 MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE AMOUNT IN PART I, COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE IS COMPOSED OF MEMBERS THAT MAY INCLUDE NON-TRUSTEE MEMBERS. HOWEVER, THE BOARD MAY NOT DELEGATE ANY OF THE AUTHORITY OF THE BOARD TO NON-TRUSTEE MEMBERS. THE EXECUTIVE COMMITTEE HAS ALL THE AUTHORITY OF THE BOARD WITH RESPECT TO THE OPERATIONS AND AFFAIRS OF THE CORPORATION EXCEPT AS LIMITED BY LAW OR BY THE UNIVERSITY'S BYLAWS. FORM 990, PART VI, SECTION A, LINE 2 THE UNIVERSITY HAS BUSINESS RELATIONSHIPS WITH THE SISTERS OF ST. JOSEPH OF CARONDELET. FIVE OF THE UNIVERSITY BOARD MEMBERS ARE AFFILIATED WITH THIS ORGANIZATION: SISTER ANNETTE DEBS, SISTER MARY PATRICIA ROSHOLT, SISTER BARBARA ANNE STOWASSER, SISTER SANDRA WILLIAMS AND SR MAUREEN O'CONNOR ARE ON THE BOARD OF TRUSTEES AND BELONG TO THE SAME ORDER (SISTERS OF ST. JOSEPH OF CARONDELET). FORM 990, PART VI, SECTION A, LINE 4 BYLAWS WERE AMENDED DURING THE TAX YEAR. AMENDMENTS WERE MADE TO THE FOLLOWING AREAS: -CONFORM THE BYLAWS TO THE CURRENT WORDING OF THE NONPROFIT CORPORATION LAW AND THE NONPROFIT PUBLIC BENEFIT CORPORATION LAW -INCORPORATED FLEXIBILITY FOR CHANGE IN THE GOVERNANCE STRUCTURE OF THE SISTERS OF ST. JOSEPH -INCORPORATED CHANGE IN THE NUMBER OF TRUSTEES ON THE BOARD, SHALL CONSIST OF NOT LESS THAN TWENTY NOR MORE THAN FORTY -INCLUDED A PROVISION FOR CONDUCTING ORDINARY BUSINESS OPERATIONS AND AFFAIRS IN EMERGENCY SITUATIONS FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERSHIP OF THE CORPORATION SHALL CONSIST OF THE PROVINCIAL SUPERIOR OF THE LOS ANGELES PROVINCE OF THE ROMAN CATHOLIC RELIGIOUS CONGREGATION KNOWN AS "SISTERS OF ST. JOSEPH OF CARONDELET AND FOUR OR MORE ADDITIONAL MEMBERS OF THE PROVINCIAL COUNCIL OF THE LOS ANGELES PROVINCE OF THE CONGREGATION AS ARE APPOINTED ANNUALLY BY THE PROVINCIAL COUNCIL. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS HAVE THE RIGHT TO APPOINT THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS HAVE THE RIGHT TO APPROVE THE SIGNIFICANT DECISIONS MADE BY THE BOARD OF TRUSTEES AT THE ANNUAL MEETING OR SPECIAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE CHAIR OF THE AUDIT COMMITTEE REVIEWS THE DRAFT OF THE RETURN. AFTER THE REVIEW, THE DRAFT IS SUBMITTED TO THE FULL AUDIT COMMITTEE FOR REVIEW AND RECOMMENDATION. ONCE APPROVED, THE APPROVED DRAFT IS SUBMITTED TO THE BOARD FOR FINAL APPROVAL BEFORE FILING THE RETURN WITH THE IRS BEFORE THE DEADLINE. THE BOARD RECEIVED A COPY OF 2018 FORM 990 WITH THE NAMES AND ADDRESSES OF DONORS OMITTED FROM SCHEDULE B. FORM 990, PART VI, SECTION B, LINE 12C EACH WRITTEN CONFLICT OF INTEREST POLICY IS REVIEWED EVERY YEAR AT THE ANNUAL MAY BOARD MEETING BY THE CHAIR OF THE BOARD IN CONJUNCTION WITH THE PRESIDENT. ANY DUALITY OF INTEREST OR POSSIBLE CONFLICT OF INTEREST ON THE PART OF ANY DIRECTOR SHOULD BE FULLY DISCLOSED TO THE OTHER MEMBERS OF THE BOARD AT ANY TIME A CONTRACT OR OTHER TRANSACTION IS CONSIDERED BETWEEN THIS UNIVERSITY AND ONE OR MORE OF ITS GOVERNING BOARD MEMBERS OR BETWEEN THIS UNIVERSITY AND ANY CORPORATION, FIRM, OR ASSOCIATION IN WHICH ONE OR MORE OF THE MEMBERS OF THE GOVERNING BOARD TO THIS UNIVERSITY ARE FINANCIALLY INTERESTED. THE FACT OF COMMON DIRECTORSHIP OR FINANCIAL INTEREST SHOULD BE NOTED IN THE MINUTES AND THE BOARD SHOULD APPROVE THE CONTRACT OR TRANSACTION IN GOOD FAITH BY A VOTE SUFFICIENT FOR THE PURPOSE WITHOUT COUNTING THE VOTE OR VOTES OF SUCH MEMBERS OF THE GOVERNING BOARD. EACH WRITTEN CONFLICT OF INTEREST POLICY IS REVIEWED EVERY YEAR AT THE ANNUAL MAY BOARD MEETING BY THE CHAIR OF THE BOARD IN CONJUNCTION WITH THE PRESIDENT. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD CHAIR REVIEWS PUBLISHED DATA OF SIMILAR INSTITUTIONS IN TERMS OF BUDGET, ENDOWMENT, LOCATION, AND COMPLEXITY OF OPERATIONS FROM THE ASSOCIATION OF INDEPENDENT CALIFORNIA COLLEGES AND UNIVERSITIES (AICCU) ADMINISTRATIVE COMPENSATION REPORT. THE BOARD CHAIR GIVES HIS RECOMMENDATION TO THE COMPENSATION COMMITTEE, A SUBCOMMITTEE OF THE EXECUTIVE COMMITTEE, WHO DETERMINES COMPENSATION. COMPENSATION IS DOCUMENTED THROUGH FORMAL OFFER LETTERS, EMPLOYEE STATUS FORMS AND DATA MAINTAINED IN THE UNIVERSITY DATABASE. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN IN 2019. COMPENSATION FOR THE VICE PRESIDENTS IS REVIEWED AND APPROVED BY THE PRESIDENT. THE PRESIDENT AND THE HUMAN RESOURCES DEPARTMENT USED COMPARABILITY DATA FROM THE AICCU ADMINISTRATIVE COMPENSATION REPORT, YAFFE & COMPANY EXECUTIVE COMPENSATION SURVEY DATA FOR INDEPENDENT COLLEGES AND UNIVERSITIES, AND THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION HIGHER EDUCATION SURVEY DATA. COMPENSATION IS DOCUMENTED THROUGH FORMAL OFFER LETTERS, EMPLOYEE STATUS FORMS AND DATA MAINTAINED IN THE UNIVERSITY DATABASE. THE PROCESS WAS MOST RECENTLY UNDERTAKEN IN 2019. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO APPROPRIATE PARTIES UPON REQUEST THROUGH REPORTS OR RESPONSES TO QUESTIONNAIRES. FORM 990, PART XI, LINE 9: CHANGES IN ANNUITY PAYABLE -1,052. SISTERS OF ST JOSEPH OF CARONDELET 11999 CHALON ROAD LOS ANGELES CA 90049 RELIGIOUS CA 501(C)(3) LINE 1 N/A 0 CHARITABLE REMAINDER UNITRUST (1) CHARITABLE TRUST CA N/A T 1 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 SISTERS OF ST JOSEPH OF CARONDELET M 190028 CONTRACT SISTERS OF ST JOSEPH OF CARONDELET C 20100 CASH/PLEDGE SISTERS OF ST JOSEPH OF CARONDELET E 7800000 LOAN AGREEMENT