2020-07-13T12:04:32-05:00 2019-06-30 GRANT THORNTON LLP 1000 WILSON BOULEVARD SUITE 1400 ARLINGTON VA 22209 990 2018-07-01 530196549 American University % NICOLE BRESNAHAN AMER 2028852822 c/o Controllers Office Suite 357 Washington DC 200168020 DOUGLAS KUDRAVETZ CFO, VP & TREASURER 2028852822 2020-06-09 true MARY TORRETTA P00847851 7038477500 68.100.106.138 23695320201955000047 2020-07-13 P D8144EF21AC2D52864937695A2503175270E7152 03CBAE45BD8E2F188EB28F31E827C7F4869431D2 2018 2021-01-29 14:40:06Z Douglas Kudravetz c/o Controllers Office Washington DC 200168020 1493306273 false X www.american.edu X 1893 DC AMERICAN UNIVERSITY'S MISSION IS TO ADVANCE KNOWLEDGE, FOSTER INTELLECTUAL CURIOSITY, BUILD COMMUNITY, AND EMPOWER LIVES OF PURPOSE, SERVICE, AND LEADERSHIP. 23 23 9246 3023 666227 0 3181931 73970105 36878690 723281278 -7615700 155781717 0 0 32444921 953033100 2615692 167073234 0 0 56643924 349881136 0 0 11664303 36481281 266118208 95740897 783072578 -63295976 169960522 1962521550 2052830523 730767315 760978627 1231754235 1291851896 X AMERICAN UNIVERSITY'S MISSION IS TO ADVANCE KNOWLEDGE, FOSTER INTELLECTUAL CURIOSITY, BUILD COMMUNITY, AND EMPOWER LIVES OF PURPOSE, SERVICE, AND LEADERSHIP. SEE SCHEDULE O FOR ORGANIZATION'S VISION. false false 216894687 0 591574604 INSTRUCTION: THE UNIVERSITY'S MISSION IS CARRIED OUT BY ALMOST 915 FULL-TIME TEACHING AND RESEARCH FACULTY IN SIX ACADEMIC DIVISIONS OFFERING 70 BACHELOR'S PROGRAMS, 89 MASTER'S PROGRAMS, 19 DOCTORAL PROGRAMS, AND J.D., S.J.D., AND LL.M PROGRAMS. CERTIFICATE PROGRAMS AND AN ASSOCIATE DEGREE PROGRAM ARE OFFERED AS WELL. STUDENT-FACULTY RATIO= 12:1. AVERAGE CLASS SIZE = 23 STUDENTS. 163545458 163545458 0 SCHOLARSHIPS AND FELLOWSHIPS: AMERICAN UNIVERSITY AWARDS FINANCIAL AID TO STUDENTS BASED ON A COMBINATION OF DEMONSTRATED FINANCIAL NEED, ACADEMIC ACHIEVEMENT, AND THE AVAILABILITY OF FUNDS. ONCE A STUDENT IS ADMITTED, THE FINANCIAL AID OFFICE WILL DETERMINE NEED AND DEVELOP A FINANCIAL AID AWARD THAT INCLUDES FUNDS FROM THE PROGRAMS FOR WHICH THE STUDENT QUALIFIES. TO RECEIVE CONSIDERATION FOR FINANCIAL AID, A STUDENT MUST BE A UNITED STATES CITIZEN OR ELIGIBLE NON-CITIZEN IN A DEGREE PROGRAM. 80589066 0 97363562 AUXILIARY ENTERPRISES: UNIVERSITY DORMITORIES, CONSISTING OF TEN RESIDENCE HALLS, PROVIDE LIVING QUARTERS FOR ALMOST 4,640 STUDENTS. ALSO PROVIDED ARE RECREATIONAL FACILITIES, DINING SERVICES, PARKING, AND OTHER SELF-SUPPORTING FACULTY, STAFF, AND STUDENT SERVICES. 73298709 Academic Support 55979662 Student Services 38980353 Institutional Support 96481154 3527776 33906168 Research & Public Service 264739878 3527776 33906168 725769089 true true false true false false false true false true true true false false true true false true true true true true false false false false false true true true false false false false false false false true true true false false true true true false false false true X 19437 0 true 9246 true true true true BE SP false false false true true true 10 false false false false false X 23 23 false false false false false false false true true false false true true true true true true true true true true DC X NICOLE BRESNAHAN 2028852822 4400 MASS AVENUE NW Washington DC 20016 X Marc N Duber Chair 10.0 0.0 X 0 0 0 Gina F Adams VICE CHAIR 2.0 0.0 X 0 0 0 Janice M Abraham Trustee 2.0 0.0 X 0 0 0 Gary M Abramson Trustee 2.0 0.0 X 0 0 0 Gaurdie Banister Jr Trustee 2.0 0.0 X 0 0 0 Stephanie M Bennett-Smith Trustee 2.0 0.0 X 0 0 0 Jack C Cassell Trustee 2.0 0.0 X 0 0 0 Pamela M Deese Trustee 2.0 0.0 X 0 0 0 Hani MS Farsi Trustee 2.0 0.0 X 0 0 0 Thomas A Gottschalk Trustee 2.0 0.0 X 0 0 0 Mehdi Heravi Trustee 2.0 0.0 X 0 0 0 MICHAEL W KEMPNER Trustee 2.0 0.0 X 0 0 0 Margery Kraus Trustee 2.0 0.0 X 0 0 0 Gerald Bruce Lee Trustee 2.0 0.0 X 0 0 0 FERNANDO LEWIS NAVARRO Trustee 2.0 0.0 X 0 0 0 Charles H Lydecker Trustee 2.0 0.0 X 0 0 0 Maril Gagen Macdonald Trustee 2.0 0.0 X 0 0 0 Betsy A Mangone Trustee 2.0 0.0 X 0 0 0 ALAN L MELTZER Trustee 2.0 0.0 X 0 0 0 Arthur J Rothkopf Trustee 2.0 0.0 X 0 0 0 Peter L Scher Trustee 2.0 0.0 X 0 0 0 Jeffrey A Sine Trustee 2.0 0.0 X 0 0 0 David Trone TRUSTEE 2.0 0.0 X 0 0 0 Sylvia M Burwell President 50.0 0.0 X 920212 0 172224 Mary Clark INTERIM PROVOST THRU 1/15/19 50.0 0.0 X 318381 0 32988 DANIEL J MYERS PROVOST AS OF 1/15/19 50.0 0.0 X 0 0 0 DOUGLAS KUDRAVETZ CFO, VP & TREASURER 50.0 0.0 X 580741 0 49722 DAVID G SWARTZ VP & CIO 50.0 0.0 X 478167 0 47161 COURTNEY SURLS VP DEVELOPMENT & ALUMNI REL 50.0 0.0 X 380908 0 64208 FANTA AW VP CAMPUS LIFE & IE 50.0 0.0 X 293658 0 57491 TRAEVENA BYRD VP, UNI. COUNSEL & BOT SEC. 50.0 0.0 X 246643 0 33063 TERESA FLANNERY VP Communication thru 6/1/19 50.0 0.0 X 287085 0 84766 MATTHEW BENNETT VP & Ch Comm Ofc As of 6/24/19 50.0 0.0 X 0 0 0 CAMILLE NELSON DEAN & PROFESSOR 40.0 0.0 X 433456 0 47951 CORNELIUS M KERWIN PROF. & PRESIDENT EMERITUS 40.0 0.0 X 680666 0 49234 SCOTT A BASS PROF. & PROVOST EMERITUS 40.0 0.0 X 625357 0 47209 Claudio Grossman PROFESSOR 40.0 0.0 X 450609 0 39108 ELLIOT MILSTEIN PROFESSOR - RETIRED 40.0 0.0 X 467075 0 27571 JOHN DELANEY Dean 40.0 0.0 X 441525 0 59139 6604483 0 811835 752 false true false Aramark 1101 Market Street PHILADELPHIA PA 19107 Food & Cleaning 26687396 The Fulcrum Group 80 Broad St NEW YORK NY 10004 Construction 16411788 2U Inc 7900 Harkins Rd LANHAM MD 20706 Online Education 15784537 Whiting Turner Contracting 300 East Joppa Road BALTIMORE MD 21286 Construction 13905946 Camson Construction 1 BANK STREET SUITE 250 GAITHERSBURG MD 20878 Construction 5408559 232 9963936 8135854 55870315 36503558 73970105 STUDENT TUITION & FEES 611710 591574604 591574604 0 0 AUXILIARY SERVICES 713940 97363562 97363562 0 0 RESEARCH/TRAINING CONTRACTS 611430 19079919 19079919 0 0 PUBLIC RADIO STATION 611710 8606150 8606150 0 0 OTHER PROGRAM SERVICE REVENUE 611710 6657043 6220099 436944 0 723281278 30477287 229283 30248004 0 0 0 0 0 665577603 540273173 125304430 125304430 125304430 0 0 0 0 0 0 0 0 0 0 953033100 722844334 666227 155552434 X 2555658 2555658 163545458 163545458 972118 972118 0 10006140 8969504 844518 192118 0 267799677 243248220 19010618 5540839 19295209 17523132 1373245 398832 34320268 24992686 7527328 1800254 18459842 16759982 1318858 381002 0 129054 129054 917517 917517 0 0 566267 566267 103205550 97714011 3773294 1718245 7650690 7357934 154749 138007 14426870 12473036 1531921 421913 15497420 15452673 31982 12765 0 26826551 19147928 7670565 8058 10717441 9944393 101215 671833 0 0 25838280 25838280 0 40670765 40670765 9131504 9131504 FOOD SERVICES 6005693 5271889 353367 380437 BAD DEBT EXPENSE 3839583 3504895 334688 0 ALL OTHER EXPENSES 695023 695023 0 0 783072578 725769089 45639186 11664303 27617 2666 102611156 140118882 15891669 16442133 21574809 28524888 0 0 0 0 0 0 38052 25185 8611023 9870243 1424773831 572965655 786042065 851808176 413453198 482213919 536917196 463094156 10379456 9060453 0 0 66975309 51669822 1962521550 2052830523 73145332 91201144 0 0 25325244 23140248 217124792 0 0 0 0 0 341574618 634333255 0 0 73597329 12303980 730767315 760978627 X 993239055 1036170209 119222299 128796777 119292881 126884910 1231754235 1291851896 1962521550 2052830523 X 169960522 -124497736 14489512 145363 X false true X true true true X 36430623 35569694 53501637 40877132 73970105 240349191 0 0 36430623 35569694 53501637 40877132 73970105 240349191 9910102 230439089 24497900 24586058 26814496 28481790 30248004 134628248 0 0 374977439 3251641245 0.61454 0.58690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 82 false false 82 false LOBBYING ACTIVITIES SCHEDULE C, PART II-B, LINE 1G THESE LOBBYING EXPENSES REPRESENT THE PORTION OF NACUBO DUES WHICH WERE ALLOCATED TOWARDS FUNDING LOBBYING ACTIVITIES. 30078197 38417258 X X X false 681810000 9827000 29360000 2368843 16791808 910349 700926000 677348000 7396000 250000 114422 3069578 0 681810000 623602000 14453000 58467000 2539947 15851041 783012 677348000 558533000 12078000 71729000 2580477 14540780 1616743 623602000 650179000 17298000 -91654000 2474685 13211733 1603582 558533000 0.69191 0.17148 0.13661 false false 35910625 35910625 1004904934 354122325 650782609 298097958 208694619 89403339 85860314 10148711 75711603 851808176 EQUITY MUTUAL FUNDS 155152195 F HEDGE FUNDS 160834649 F INTERNATIONAL COMMINGLED FUNDS 30425460 F PRIVATE EQUITY FUNDS 83673734 F ALTERNATIVE ASSETS 32431929 F FIXED INCOME FUNDS 496189 F REAL ESTATE 80000 F 463094156 0 REFUNDABLE ADVANCE FROM US GOVT 10553153 ASSET RETIREMENT OBLIGATION 1750827 12303980 X DESCRIPTION OF ORGANIZATION'S COLLECTIONS Schedule D, Part III, Line 4 THE THREE MAJOR COMPONENTS OF THE UNIVERSITY'S ART COLLECTION ARE THE WATKINS COLLECTION BEGUN IN 1945, THE KATZEN COLLECTION BEGUN IN 2005 AND THE CORCORAN COLLECTION DONATED IN 2018. THE COLLECTIONS SERVE AS A TEACHING RESOURCE FOR THE ART DEPARTMENT AT AMERICAN UNIVERSITY, AS WELL AS TELLING THE STORY OF MODERN ART AND ITS OFFSHOOTS IN WASHINGTON DC, WITH SIDE STORIES RELATED TO WHAT WAS HAPPENING IN THE LARGER CONTEMPORARY WORLD. THE MUSEUM FEATURES OVER 30,000 SQUARE FEET OF EXHIBITION SPACE FOR THESE THREE COLLECTIONS. THE PUBLIC IS WELCOME TO VISIT THE MUSEUM AND EXHIBITIONS FREE OF CHARGE. INDEED, THE KATZEN ARTS CENTER IS NOW A DESTINATION FOR CERTAIN TOUR GROUPS IN WASHINGTON DC. INTENDED USE OF ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 450 INDIVIDUAL FUNDS ESTABLISHED FOR SCHOLARSHIPS AND RELATED ACADEMIC ACTIVITIES. ITS ENDOWMENT INCLUDES BOTH DONOR RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. AS REQUIRED BY GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. FIN 48 (ASC 740) FOOTNOTE SCHEDULE D, PART X, LINE 2 The University has been recognized by the Internal Revenue Service as exempt from federal income tax under Section 501(c)(3) of the U.S. Internal Revenue Code, except for taxes on income from activities unrelated to its exempt purpose. Such activities resulted in no net taxable income in the year ended June 30, 2019. THE UNIVERSITY RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF AN INCOME TAX POSITION ONLY AFTER DETERMINING THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. FOR TAX POSITIONS MEETING THE MORE LIKELY THAN NOT THRESHOLD, THE AMOUNT RECOGNIZED IN THE FINANCIAL STATEMENTS IS THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE RELEVANT TAXING AUTHORITY. true true true true true true true false false false false false false false false true false true Publication of racially nondiscriminatory policy Schedule E, Part I, Line 3 UNIVERSITY'S NONDISCRIMINATORY POLICY TOWARDS RACE, CREED, COLOR, NATIONAL ORIGIN, AGE, HANDICAP, OR SEX IS NOTED IN ALL ADMISSION PUBLICATIONS, APPLICATION FORMS, TRANSFER GUIDES, MEDIA SOLICITATIONS FOR STUDENTS AND ALL OFFICIAL UNIVERSITY PUBLICATIONS. AMERICAN UNIVERSITY IS AN EQUAL OPPORTUNITY, AFFIRMATIVE ACTION INSTITUTION THAT OPERATES IN COMPLIANCE WITH APPLICABLE LAWS AND REGULATIONS. MORE IMPORTANTLY, SUCH COMPLIANCE STEMS FROM THE HISTORY AND TRADITION OF THE UNIVERSITY THAT EMBRACES AND EXPRESSES THE DEEPEST VALUES OF THE HUMAN COMMUNITY-EQUALITY, OPENNESS, AND THE DIGNITY OF EVERY INDIVIDUAL. THE FACT THAT THE UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF COLOR, RELIGION, NATIONAL ORIGIN, GENDER, SEXUAL ORIENTATION, GENDER IDENTITY AND EXPRESSION, AGE, OR DISABILITY IS,IN FACT, CONSISTENT WITH AND A REFLECTION OF ITS SPECIAL TRADITION OF SOCIAL JUSTICE. EXTENDING THAT TRADITION INTO THE PRESENT, EQUAL OPPORTUNITY, AFFIRMATIVE ACTION, AND NONDISCRIMINATION APPLY TO EVERY ASPECT OF THE UNIVERSITY'S OPERATIONS AND ACTIVITIES, INCLUDING ADMISSION, EMPLOYMENT, AND ACCESS TO UNIVERSITY PROGRAMS AND SERVICES. Government Assistance Schedule E, Part I, Line 6a THE UNIVERSITY RECEIVES US DEPARTMENT OF EDUCATION STUDENT AID FUNDS- USE OF SUCH FUNDS IS AUDITED BY INDEPENDENT AUDITORS IN ACCORDANCE WITH THE REGULATIONS AND PROCEDURES ISSUED BY THE FEDERAL GOVERNMENT. true Europe (Including Iceland and Greenland) 1 8 Program Services Study Abroad 6974382 Middle East and North Africa Program Services Study Abroad 855809 South America 1 Program Services Study Abroad 450337 East Asia and the Pacific Program Services Study Abroad 850786 Sub-Saharan Africa 1 12 Program Services Study Abroad 674420 Russia and the Newly Independent States Program Services Study Abroad 183014 Central America and the Caribbean Program Services Study Abroad 84125 Central America and the Caribbean Investments 182863134 Europe (Including Iceland and Greenland) Investments 12269200 Central America and the Caribbean Grantmaking Research 185732 East Asia and the Pacific Grantmaking Research & Training 22465 South America Grantmaking Research 37500 Sub-Saharan Africa Grantmaking Research 257698 South Asia Grantmaking Research 468723 2 21 2 21 206177325 206177325 South Asia Research 71053 0 Sub-Saharan Africa Research 12447 0 South America Research 37500 0 Sub-Saharan Africa Research 23067 0 South Asia Research 138500 0 Central America and the Caribbean Research 185732 0 Sub-Saharan Africa Research 222184 0 South Asia Research 259170 0 East Asia and the Pacific Training 10120 0 East Asia and the Pacific Research 12345 0 5 5 true false true false true false Procedure for monitoring use of grants outside the US Schedule F, Part I, Line 6a ANNUALLY, MORE THAN 850 STUDENTS PARTICIPATE IN THE ABROAD PROGRAM. UNDERGRADUATES SELECTED FROM MORE THAN 100 PROGRAMS WHICH SPAN DIVERSE CULTURES AND LANGUAGES ON ALL CONTINENTS. THE UNIVERSITY IS THE RECIPIENT OF SEVERAL CONTRACTS TO CONDUCT RESEARCH FOR THE US DEPARTMENT OF STATE AND OTHER AGENCIES AS WELL AS TO PROVIDE EDUCATIONAL MANAGEMENT SUPPORT TO FOREIGN INSTITUTIONS OF HIGHER EDUCATION. AU WORKS TO MONITOR GRANTS AND SCHOLARSHIPS EXPENDED USING ITS PROCESSES AND CONTROLS INHERENT IN AU'S SYSTEM. BEFORE SELECTING THE RECIPIENT AND PERIODICALLY AS REQUIRED DURING THE GRANT OR SCHOLARSHIP TERM, AU IMPOSES ITS INSTITUTIONAL CRITERIA AND THE DONOR'S (WHEN APPLICABLE) TO MAKE SURE THAT THE FUNDS ARE USED FOR THE INTENDED PURPOSES. THIS MONITORING IS DONE THROUGH A COLLABORATION OF VARIOUS DEPARTMENTS OF THE UNIVERSITY. PERIODIC SPENDING REPORTS ARE PULLED TO PROVIDE ADDITIONAL OVERSIGHT OF SCHOLARSHIPS AS NECESSARY TO REPORT BACK TO DONORS ON THE STATUS OF THEIR GIFTS. ACCOUNTING METHOD USED SCHEDULE F, PART I, LINE 3, COLUMN F THE EXPENDITURES, PER REGION, ARE PRESENTED ON THE ACCRUAL BASIS OF ACCOUNTING. true Carnegie Institution of Washington 1530 P Street NW Washington DC 20005 530196523 501(c)(3) 112852 0 SUB-AWARD Catholic University of America 620 Michigan Ave NE Washington DC 20064 530196583 501(c)(3) 66819 0 SUB-AWARD Drexel University 3141 Chestnut Street Philadelphia PA 19104 231352630 501(c)(3) 96305 0 SUB-AWARD Earthrights International 1612 K Street NW Washington DC 20006 043265555 501(c)(3) 7250 0 SUB-AWARD Gallaudet University 800 Florida Ave NE Washington DC 20002 530199507 501(c)(3) 82924 0 SUB-AWARD Georgetown University 1421 37th St NW Washington DC 20057 530196603 501(c)(3) 103375 0 SUB-AWARD Howard University 2244 10th ST NW Washington DC 20001 530204707 501(c)(3) 28397 0 SUB-AWARD iEARN Inc 475 Riverside Drive New York NY 10115 133782233 501(c)(3) 98710 0 SUB-AWARD InSight Crime Inc 723 Gallatin Street NW Washington DC 20011 823793490 501(c)(3) 167383 0 SUB-AWARD Johns Hopkins University 1101 E 33rd Street Baltimore MD 21218 520595110 501(c)(3) 78191 0 SUB-AWARD Mattie Rhodes Center 1740 Jefferson Street Kanas City MO 64108 440546343 501(c)(3) 19670 0 SUB-AWARD Michigan Advocacy Program 3030 S 9th St Kalamazoo MI 49009 381845444 501(c)(3) 42241 0 SUB-AWARD Michigan Judicial Institute 925 W Ottawa St Lansing MI 48909 386000134 8540 SUB-AWARD Michigan State University 535 Chestnut Rd East Lansing MI 48824 381358000 501(c)(3) 124418 0 SUB-AWARD Missouri Office of State Courts Administration 2112 Industrial Drive Jefferson City MO 65110 446000987 26961 SUB-AWARD National Association of Drug Court Professionals 625 N Washington Street Alexandria VA 22314 541791197 501(c)(3) 210777 0 SUB-AWARD New Orleans Family Justice Alliance 701 Loyola Avenue New Orleans LA 70113 262541029 501(c)(3) 7041 0 SUB-AWARD Pelican Center for Children & Families 1615 Poydras Street New Orleans LA 70112 462210493 501(c)(3) 28823 0 SUB-AWARD Portland State University 1825 SW Broadway Portland OR 97201 364776757 501(c)(3) 54729 SUB-AWARD Rowan University 201 Mullica Hill Road Glassboro NJ 080281700 222764819 501(c)(3) 21854 SUB-AWARD Science Systems and Applications Inc 10210 Greenbelt Road Lamhan MD 20706 521087599 35999 0 SUB-AWARD Seashore Mission INC 856 Division Street Biloxi MS 39530 640853322 501(c)(3) 20140 0 SUB-AWARD The Inspire Project Inc 107 S West Street Alexandria VA 22314 954418628 501(c)(3) 50096 0 SUB-AWARD The Justice Management Institute 3033 Wilson Blvd Arlington VA 22201 841220651 501(c)(3) 62740 0 SUB-AWARD Trinity College 125 Michigan Ave NW Washington DC 20017 530196640 501(c)(3) 99522 0 SUB-AWARD University of District of Columbia 4200 Conn Ave NW Washington DC 20008 536001131 65985 SUB-AWARD University of Miami 1400 NW 10th Avenue Miami FL 331360000 590624458 501(c)(3) 133103 0 SUB-AWARD University of Mississippi 100 Barr Hall University MS 386771848 646001159 501(c)(3) 12727 SUB-AWARD University of New Mexico 1700 Lomas Blvd NE Albuquerque NM 87106 856000642 501(c)(3) 10896 SUB-AWARD University of North Carolina - Chapel Hill 104 Airport Drive Chapel Hill NC 27516 566001393 501(c)(3) 49340 SUB-AWARD Wesley Theological Seminary 4500 Mass Ave NW Washington DC 20016 530245887 501(c)(3) 13817 SUB-AWARD Yale University 47 College St Ste 203 New Haven CT 06520 060646973 501(c)(3) 601141 0 SUB-AWARD 28 4 Student Scholarships 8105 163545458 PROCEDURE FOR MONITORING USE OF GRANT FUNDS IN THE U.S. SCHEDULE I, PART I, LINE 2 GRANTS TO ORGANIZATIONS IN THE U.S. AU PARTNERS WITH OTHER UNIVERSITIES AS NECESSARY TO PERFORM THE SCOPE OF THE WORK OUTLINED IN THE GRANTS AGREEMENTS. PRIOR TO ENGAGING WITH THESE SUB-AWARDEES, AU PERFORMS A RISK ASSESSMENT INCLUDING A REVIEW OF THE MOST RECENT FINANCIAL STATEMENTS AS WELL AS ENSURING THEY ARE NOT LISTED AS A DEBARRED ENTITY WITH ANY FEDERAL AGENCY. AU WORKS TO MONITOR GRANTS AND SCHOLARSHIPS EXPENDED USING ITS PROCESSES AND CONTROLS INHERENT IN AU'S SYSTEM. BEFORE SELECTING THE RECIPIENT AND PERIODICALLY AS REQUIRED DURING THE GRANT OR SCHOLARSHIP TERM, AU IMPOSES ITS INSTITUTIONAL CRITERIA AND THE DONOR'S (WHEN APPLICABLE) TO MAKE SURE THE FUNDS ARE USED FOR THE INTENDED PURPOSES. THIS MONITORING IS DONE THROUGH A COLLABORATION OF VARIOUS DEPARTMENTS OF THE UNIVERSITY. PERIODIC SPENDING REPORTS ARE PULLED TO PROVIDE ADDITIONAL OVERSIGHT OF SCHOLARSHIPS AS NECESSARY TO REPORT BACK TO DONORS ON THE STATUS OF THEIR GIFTS. GRANTS TO INDIVIDUALS IN THE U.S. SCHEDULE I, PART III, LINE 1 ALL STUDENTS RECEIVING SCHOLARSHIPS AND FELLOWSHIPS ARE JUDGED WORTHY BY THE UNIVERSITY'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND SIMILAR STANDARDS. APPROXIMATELY 75% OF FULL TIME FRESHMEN APPLIED FOR NEED BASED FINANCIAL AID. X X X true true X X X X X false true false false false false false true true true Sylvia M Burwell President 727537 0 152250 0 40425 0 143445 0 28779 0 1092436 0 0 0 Mary Clark INTERIM PROVOST THRU 1/15/19 316788 0 0 0 1593 0 30612 0 2376 0 351369 0 0 0 DOUGLAS KUDRAVETZ CFO, VP & TREASURER 415562 0 87445 0 77734 0 27485 0 22237 0 630463 0 0 0 DAVID G SWARTZ VP & CIO 340501 0 27420 0 110246 0 27561 0 19600 0 525328 0 99520 0 COURTNEY SURLS VP DEVELOPMENT & ALUMNI REL 347321 0 25735 0 7852 0 61759 0 2449 0 445116 0 0 0 FANTA AW VP CAMPUS LIFE & IE 270844 0 22500 0 314 0 44304 0 13187 0 351149 0 0 0 TRAEVENA BYRD VP, UNI. COUNSEL & BOT SEC. 219010 0 0 0 27633 0 22635 0 10428 0 279706 0 0 0 TERESA FLANNERY VP Communication thru 6/1/19 265692 0 20595 0 798 0 54900 0 29866 0 371851 0 0 0 CAMILLE NELSON DEAN & PROFESSOR 418717 0 0 0 14739 0 35647 0 12304 0 481407 0 0 0 CORNELIUS M KERWIN PROF. & PRESIDENT EMERITUS 644537 0 0 0 36129 0 27434 0 21800 0 729900 0 0 0 SCOTT A BASS PROF. & PROVOST EMERITUS 445668 0 90720 0 88969 0 27481 0 19728 0 672566 0 0 0 Claudio Grossman PROFESSOR 434204 0 0 0 16405 0 27202 0 11906 0 489717 0 0 0 ELLIOT MILSTEIN PROFESSOR - RETIRED 467075 0 0 0 0 0 26824 0 747 0 494646 0 0 0 JOHN DELANEY Dean 425335 0 0 0 16190 0 31636 0 27503 0 500664 0 0 0 HOUSING ALLOWANCES OR RESIDENCE FOR PERSONAL USE Schedule J, Part I, Line 1a THE PRESIDENT RESIDES IN UNIVERSITY OWNED ON-CAMPUS HOUSING AS A CONDITION OF her EMPLOYMENT AND FOR THE CONVENIENCE OF THE UNIVERSITY. THE RESIDENCE IS USED FOR UNIVERSITY-RELATED BUSINESS AND ENTERTAINMENT PURPOSES ON A CONTINUAL BASIS. SPOUSAL TRAVEL THE UNIVERSITY REIMBURSES REASONABLE AND NECESSARY BUSINESS TRAVEL EXPENSES FOR THE SPOUSE OF THE PRESIDENT WHEN ACCOMPANYING THE PRESIDENT ON OFFICIAL UNIVERSITY BUSINESS. SPOUSAL TRAVEL IS REVIEWED AND APPROVED BY THE CHAIRMAN OF THE BOARD OF TRUSTEES ON A QUARTERLY BASIS. HEALTH CLUB AMERICAN UNIVERSITY PROVIDES MEMBERSHIPS TO VARIOUS BUSINESS CLUBS IN WASHINGTON DC FOR THE PRESIDENT AND OTHER OFFICERS. THE USE OF THE CLUBS IS LIMITED TO AMERICAN UNIVERSITY BUSINESS PURPOSES AND THE EXPENSES ARE REVIEWED ACCORDING TO EXPENSE REIMBURSEMENT POLICIES OF THE UNIVERSITY. NON-FIXED PAYMENTS OFFICERS OF THE UNIVERSITY PARTICIPATE IN A BOARD OF TRUSTEES APPROVED EXECUTIVE COMPENSATION PROGRAM WHICH INCLUDES AN INCENTIVE COMPENSATION PLAN. THE ANNUAL AMOUNT IS CAPPED AT A PERCENTAGE OF THEIR SALARY. THE PLAN IS BASED ON THE ACHIEVEMENT OF CERTAIN PROGRAMMATIC GOALS AND OBJECTIVES FOR THE OFFICERS' UNITS AND THE UNIVERSITY. THE GOALS ARE NON-REVENUE RELATED GOALS. THE PLAN IS APPROVED BY THE COMPENSATION COMMITTEE AND THE COMMITTEE REVIEWS AND APPROVES THE ANNUAL AWARDS BASED ON THE PERFORMANCE ACHIEVED ON THE AGREED-UPON GOALS. SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN SCHEDULE J, PART I, LINE 4B THE FOLLOWING PERSONS PARTICIPATE IN SUPPLEMENTAL NONQUALIFIED RETIREMENT PLANS: SYLVIA M. BURWELL - $116,000 DAVID G. SWARTZ - $102,546 SCOTT A. BASS - $68,040 DOUGLAS KUDRAVETZ - $62,460 COURTNEY SURLS - $34,310 TERESA FLANNERY - $27,460 FANTA AW - $16,667 INITIAL CONTRACT EXCEPTION Schedule J, Part I, Lines 8 and 9 President Burwell has an employment agreement with the University. The terms of the employment agreement meet the initial contract exception of Treasury Regulations 53.4958-4(a)(3). The agreement was executed using standards establishing the rebuttable presumption of reasonableness. JP Morgan Chase Peter Scher Key Emp 3142500 Pmnt on Bank Loan false United Educators Janice Abraham Pres & CEO 255816 Insurance false NFP Corp Alan Meltzer CEO 7500 Brokerage Fees false Business Transactions with Interested Persons SCHEDULE L, PART IV TRANSACTIONS WITH JP MORGAN CHASE - PETER SCHER IS A TRUSTEE OF AMERICAN UNIVERSITY AND A KEY EMPLOYEE OF JP MORGAN CHASE. THE UNIVERSITY HAS ENGAGED A BANK LOAN WITH JP MORGAN CHASE. THE LOAN WAS BASED ON A COMPETITIVE BID PROCESS RESULTING IN THE MOST FAVORABLE RATE AND TERMS. THE TRUSTEE SCHER RECUSED HIMSELF FROM THE BOARD OF TRUSTEES' DECISION TO ACCEPT THE JP MORGAN CHASE LOAN. Schedule L, Part IV Transactions with United Educators - Board of Trustees member Janice Abraham is president and CEO of United Educators. American University utilizes United Educators for its educator's liability insurance. The insurance was recommended and procured through an independent insurance broker utilizing a competitive process, and Ms. Abraham was not involved in the approval of the transaction. Schedule L, Part IV Transactions with NFP Corp - AMERICAN UNIVERSITY HIRED NFP CORP. FOR THE CONSULTING SERVICES OVER THE STUDENT HEALTH INSURANCE. THE CONTRACT WAS RECOMMENDED AND PROCURED THROUGH A COMPETITIVE PROCESS. MR. MELTZER WAS NOT INVOLVED IN THE APPROVAL OF THE TRANSACTION. X 9 30078197 Opinion of Expert X 10000 Opinion of Expert X 1602 Market Value X 2146 1418455 Market Value X 141 3830760 Market Value X Meals & Gift Cards 3 9058 Market Value X Furniture & Equipment 1 66861 Opinion of Expert X Computer Software 2 1088625 Market Value 12 false true true USE OF THIRD PARTIES SCHEDULE M, PART I, LINE 32A ALL STOCKS THAT ARE DONATED TO AMERICAN UNIVERSITY ARE SENT TO MORGAN STANLEY AND THEY SELL THE STOCKS AS SOON AS POSSIBLE. Number of Contributions Schedule M, Part I, Column (B) The organization is reporting the number of contributions in column (B). ORGANIZATION'S VISION FORM 990, PART III, LINE 1 AMERICAN UNIVERSITY IS A LEADING STUDENT-CENTERED RESEARCH UNIVERSITY WHERE PASSIONATE LEARNERS, BOLD LEADERS, ENGAGED SCHOLARS, INNOVATORS, AND ACTIVE CITIZENS UNLEASH THE POWER OF COLLABORATIVE DISCOVERY. WE PARTNER WITH KEY ORGANIZATIONS IN THE WASHINGTON, DC REGION, AND AROUND THE GLOBE TO BETTER THE HUMAN CONDITION, LEARN FROM A VAST ARRAY OF EXPERIENCES AND INTERNSHIPS, CREATE MEANINGFUL CHANGE, AND ADDRESS SOCIETY'S CURRENT AND EMERGING CHALLENGES. OTHER PROGRAM SERVICES FORM 990, PART III, LINE 4D ACADEMIC SUPPORT - THE UNIVERSITY LIBRARIES, ACADEMIC COMPUTER SERVICES, ADMINISTRATIVE OFFICES AND SUPPORT FOR THE SIX ACADEMIC DIVISIONS. STUDENT SERVICES - HEALTH AND COUNSELING, CAREER CENTER, UNIVERSITY REGISTRAR, FINANCIAL AID AND ENROLLMENT SERVICES, SPORTS AND RECREATION. INSTITUTIONAL SUPPORT - INFORMATION TECHNOLOGY, TELECOMMUNICATIONS, SPACE MANAGEMENT, SECURITY, MAIL AND TRANSPORTATION SERVICES. RESEARCH- RESEARCH AND TECHNICAL ASSISTANCE PROJECTS FUNDED BY FEDERAL AND PRIVATE AGENCIES. PUBLIC SERVICE - THE OPERATION OF WAMU 88.5 FM, A 24-HOUR, 50,000 WATT PUBLIC RADIO STATION LICENSED TO THE UNIVERSITY SINCE 1961. AMERICAN UNIVERSITY STRATEGIC PLAN AMERICAN UNIVERSITY IS A LEADING STUDENT-CENTERED RESEARCH UNIVERSITY WHERE PASSIONATE LEARNERS, BOLD LEADERS, ENGAGED SCHOLARS, INNOVATORS, AND ACTIVE CITIZENS UNLEASH THE POWER OF COLLABORATIVE DISCOVERY. WE PARTNER WITH KEY ORGANIZATIONS IN THE WASHINGTON, DC REGION, AND AROUND THE GLOBE TO BETTER THE HUMAN CONDITION, LEARN FROM A VAST ARRAY OF EXPERIENCES AND INTERNSHIPS, CREATE MEANINGFUL CHANGE, AND ADDRESS SOCIETY'S CURRENT AND EMERGING CHALLENGES. IN JANUARY 2019, AMERICAN UNIVERSITY UNVEILED A NEW STRATEGIC PLAN, CHANGEMAKERS FOR A CHANGING WORLD. THE PLAN REPRESENTS AU'S COMMITMENT TO ITS MISSION "TO ADVANCE KNOWLEDGE, FOSTER INTELLECTUAL CURIOSITY, BUILD COMMUNITY, AND EMPOWER LIVES OF PURPOSE, SERVICE, AND LEADERSHIP." THE UNIVERSITY'S FIVE-YEAR PLAN WILL ADDRESS THE ISSUES FACING OUR COMMUNITY AND HIGHER EDUCATION, WHILE BUILDING ON OUR LEGACY OF LEADERSHIP, SCHOLARSHIP, AND SERVICE, AND BOLDLY EMBRACING OPPORTUNITIES FOR GREATER IMPACT. IT INCLUDES THREE CENTRAL THEMES - SCHOLARSHIP, LEARNING, AND COMMUNITY - WITH NINE STRATEGIC IMPERATIVES TO GUIDE AU'S PROGRESS: SCHOLARSHIP: SCHOLARSHIP IS CENTRAL TO AU'S FUTURE. WE WILL DEVELOP AREAS OF STRATEGIC FOCUS THAT DRAW ON FIELDS WHERE AU ALREADY EXCELS, WHERE OUR EXPERTISE CROSSES SCHOOLS AND DISCIPLINARY BOUNDARIES, AND THAT HOLD PROMISE FOR THE FUTURE. WE WILL ESTABLISH NEW WAYS TO SUPPORT THE WORK OF FACULTY ACROSS A RANGE OF DISCIPLINES. LEARNING: LEARNING IS AT THE CORE OF AU. AS WE PREPARE FOR TOMORROW'S OPPORTUNITIES, WE CONTINUE TO EMBRACE THE HIGHEST-QUALITY TEACHING, WHILE EXPLORING NEW FRONTIERS OF LEARNING AND SCHOLARSHIP. WE WILL EXPAND OPPORTUNITIES FOR LIFELONG LEARNING EXPERIENCES THAT ARE MORE FLEXIBLE, PERSONALIZED, AND ACCESSIBLE. COMMUNITY: AU IS AN INSTITUTION DEEPLY ROOTED IN COMMUNITY - LOCALLY, NATIONALLY, AND GLOBALLY - AND WHEN OUR COMMUNITY GROWS STRONGER, SO DO WE. OVER THE NEXT FIVE YEARS, OUR STRATEGIC EFFORTS WILL EXPAND AND STRENGTHEN OUR TIES TO COMMUNITIES, BOTH INTERNAL AND EXTERNAL. EACH OF THE NINE STRATEGIC IMPERATIVES OUTLINED IN THE PLAN INCLUDES SPECIFIC ACTIONS TO BE TAKEN IN YEARS ONE AND TWO, FOLLOWED BY AREAS FOR EXPLORATION IN YEARS THREE, FOUR, AND FIVE. THE PLAN ALSO INCLUDES FOUR OUTCOMES FOR MONITORING SUCCESS: IMPROVING RETENTION AND GRADUATION RATES, ACHIEVING OPERATIONAL EXCELLENCE, ENHANCING AU'S REPUTATION, AND DIVERSIFYING AND GROWING REVENUE. AMERICAN UNIVERSITY: PARTNER IN OUR COMMUNITY COMMUNITY SERVICE MANY OF AU'S PARTNERSHIPS WITH LOCAL GOVERNMENTS, BUSINESSES, AND INDIVIDUALS EXEMPLIFY THE UNIVERSITY'S COMMITMENT TO PUBLIC SERVICE. AU VIEWS ITSELF AS A PRIVATE UNIVERSITY WITH A PUBLIC RESPONSIBILITY. THE UNIVERSITY WORKED WITH NUMEROUS LOCAL ORGANIZATIONS AND PARTICIPATED IN MYRIAD COMMUNITY SERVICE ACTIVITIES INCLUDING: COMMUNITY-BASED LEARNING AND RESEARCH, DC READS, DC READS "KIDS TO CAMPUS DAY", DR. SEUSS DAY, FRESHMAN SERVICE EXPERIENCE ONE-DAY SERVICE EVENTS, EAGLE ENDOWMENT AND COMMUNITY LEARNERS ADVANCING IN SPANISH AND ENGLISH. WORKING WITH DC SCHOOLS AND STUDENTS AU'S SCHOOL OF EDUCATION PREPARES EDUCATION STUDENTS TO BECOME EARLY CHILDHOOD, ELEMENTARY, BILINGUAL, SPECIAL EDUCATION, AND SECONDARY SCHOOL TEACHERS THROUGH INSTRUCTIONAL WORK IN AREA SCHOOLS. UP TO 60 AU EDUCATION MAJORS EACH YEAR ARE PLACED AS STUDENTS TEACHERS FOR TWO FULL DAYS EACH WEEK, AND THEN FIVE DAYS PER WEEK OVER TWO SEMESTERS IN TEACHING ALL ASPECTS OF THE SCHOOL CURRICULUM FROM THE ARTS TO THE SCIENCES AND IN THE AREAS OF EARLY CHILDHOOD AND SPECIAL EDUCATION. THESE STUDENTS EACH PROVIDE BETWEEN 600 TO 1000 HOURS OF CLASSROOM SUPPORT EACH YEAR. WASHINGTON COLLEGE OF LAW WASHINGTON COLLEGE OF LAW (WCL), LOCATED ONE BLOCK FROM THE AU-TENLEYTOWN METRO, CONSISTENTLY PROVIDES FREE LEGAL SERVICES TO LOW-INCOME AND OTHERWISE UNDERREPRESENTED AREA RESIDENTS THROUGH ITS HIGHLY-RANKED CLINICAL PROGRAMS. EACH YEAR ABOUT 230 LAW STUDENTS PARTICIPATE IN THE LAW SCHOOL'S IN-HOUSE CLINICS, WHICH SERVE A VARIETY OF CLIENTS. IN ADDITION, EIGHT WCL STUDENTS EACH YEAR REPRESENT LOW-INCOME CLIENTS FACING EVICTION IN DC LANDLORD AND TENANT COURT, AS PARTICIPANTS IN THE DC LAW STUDENTS IN COURT PROGRAM, AN INDEPENDENT LEGAL SERVICE PROVIDER IN THE DISTRICT. AN OPEN DOOR POLICY AU MAINTAINS A GOOD NEIGHBOR POLICY BY WORKING WITH NEIGHBORS, LOCAL COMMUNITY ORGANIZATIONS, AND THE ADVISORY NEIGHBORHOOD COMMISSIONS IN THE CAMPUS AREA. LED BY THE DIRECTOR OF COMMUNITY RELATIONS, THE UNIVERSITY'S OUTREACH EFFORTS ALSO INCLUDE MAINTAINING ONGOING CONTACT WITH SEVERAL DISTRICT OF COLUMBIA OFFICES AND AGENCIES. ON A MORE INFORMAL LEVEL, REPRESENTATIVES OF AMERICAN UNIVERSITY ALSO MEET AND INTERACT WITH MEMBERS OF THE NEIGHBORING COMMUNITIES ON A REGULAR BASIS. CONTINUED EDUCATION DC RESIDENTS ARE WELCOME AT AU'S BENDER LIBRARY TO STUDY AND ACCESS PRINT MATERIALS, LIBRARY CATALOG, AND DATABASES. THE OSHER LIFELONG LEARNING INSTITUTE (OLLI) OFFERS CLASSES IN THE FALL AND SPRING FOR INTELLECTUALLY CURIOUS "SEASONED LEARNERS" WITH A GENUINE INTEREST IN CONTINUING THEIR LEARNING WITH LIKE-MINDED PEOPLE. THE ARTS THE KATZEN ARTS CENTER AND AMERICAN UNIVERSITY MUSEUM SERVES AS AN IMPORTANT VENUE FOR THE DC ARTS COMMUNITY. IT HOSTS A VARIETY OF PROGRAMS RANGING FROM STUDENT PERFORMANCES TO LECTURES ON ENVIRONMENTALLY SOUND BUSINESS PRACTICES AND FILM SCREENINGS. DC RESIDENTS ARE INVITED TO ATTEND OPEN REHEARSALS OR TAKE TOURS OF THE GALLERIES. MANY OF THE EXHIBITS SHOWN AT THE MUSEUM HAVE EARNED REGIONAL, NATIONAL, AND INTERNATIONAL ACCOLADES. DISTRICT CHILDREN ARE THE FOCUS OF KIDS AT THE KATZEN, WHICH PRESENTS CREATIVE ACTIVITIES AND SUMMER SPORTS CAMPS. A GREEN LEADER IN DC AU IS PROUD TO ALSO BE THE FIRST URBAN CAMPUS, THE FIRST RESEARCH UNIVERSITY, AND THE LARGEST HIGHER EDUCATION INSTITUTION TO ACHIEVE CARBON NEUTRALITY. AU ACHIEVED CARBON NEUTRALITY TWO YEARS AHEAD OF AN AMBITIOUS TARGET OF 2020 BY APPROACHING THE GOAL WITH INNOVATIVE STRATEGIES TO REDUCE OUR OVERALL EMISSIONS, USE RENEWABLE ENERGY, AND OFFSET THE SMALL REMAINDER. AU'S PATH TO NEUTRALITY HAS BEEN ACHIEVED THROUGH COMMITMENT, LEADERSHIP, AND A CULTURE OF SUSTAINABILITY. IT'S BEEN A COMMUNITY EFFORT. STUDENTS HAVE LEAD EVERY STEP OF THIS JOURNEY; THEY HAVE ALWAYS ENCOURAGED THE UNIVERSITY TO BROADEN HOW WE THINK ABOUT SUSTAINABILITY AND STRIVE FOR MORE. THOSE WHO BUILD AND MANAGE THE SPACES ON CAMPUS EMBRACED THE COMMITMENT TO SUSTAINABILITY, WHILE FACULTY AND STAFF HAVE INTEGRATED SUSTAINABILITY INTO CLASSES AND PROCESSES TO REFLECT THEIR SUSTAINABILITY COMMITMENT. INCLUSIVE EXCELLENCE AU HAS A MULTIMILLION-DOLLAR PLAN TO ADVANCE THE CAUSE OF EQUITY, INCLUSION, AND DIVERSITY. MORE THAN $121 MILLION IS BEING INVESTED TO IMPLEMENT GOALS SET OUT IN THE PLAN FOR INCLUSIVE EXCELLENCE THROUGH FY 2019. THE PLAN FOR INCLUSIVE EXCELLENCE TOUCHES ALL PARTS OF AND ALL PEOPLE AT THE UNIVERSITY. IT ADDRESSES THE STUDENT EXPERIENCE INSIDE AND OUTSIDE THE CLASSROOM; FACULTY AND STAFF RECRUITMENT, HIRING, PROMOTION, AND RETENTION; THE HANDLING OF INCIDENTS OF BIAS AND DISCRIMINATION CLAIMS; COMMUNICATION AROUND ISSUES OF DIVERSITY, EQUITY, AND INCLUSION; AND MUCH MORE. WAMU WAMU 88.5 FM IS A 24-HOUR, 50,000-WATT PUBLIC RADIO STATION, LICENSED TO AMERICAN UNIVERSITY SINCE 1961. THE STATION SERVES MORE THAN 777,400 LISTENERS IN VIRGINIA, MARYLAND, AND THE DISTRICT OF COLUMBIA WITH NEWS, TALK PROGRAMMING, AND TRADITIONAL AMERICAN MUSIC. WAMU IS FUNDED BY MEMBER-DONATIONS FINANCIAL SUPPORT FROM THE UNIVERSITY. BOARD OF TRUSTEES FORM 990, PART VI, LINE 1A THE BOARD OF TRUSTEES CONSISTS OF 23 MEMBERS, ALL OF THEM HAVE VOTING RIGHTS. FORM 990 REVIEW PROCESS Form 990, Part VI, Line 11b FORM 990 IS PREPARED BY THE FINANCE OFFICE AND REVIEWED BY INDEPENDENT TAX ADVISORS. FORM 990 IS REVIEWED AND SIGNED BY THE CHIEF FINANCIAL OFFICER. FORM 990 IS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE PRIOR TO FILING. ACCESS TO THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS BEFORE THE RETURN IS FILED WITH THE IRS. CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT FORM 990, PART VI, LINE 12C BOARD OF TRUSTEES MEMBERS ARE REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST STATEMENT AND SUBMIT SUCH STATEMENT TO THE SECRETARY OF THE BOARD WHO IS ALSO THE GENERAL COUNSEL FOR THE UNIVERSTY. THE SECRETARY REVIEWS THOSE STATEMENTS FOR POTENTIAL CONFLICTS AND REPORTS SUCH CONFLICTS TO THE BOARD CHAIR. THE DISCLOSURE STATEMENT ALSO REQUIRES ALL MEMBERS TO NOTIFY THE BOARD PROMPTLY OF AN ACTUAL, APPARENT, OR POTENTIAL CONFLICT OF INTEREST AS IT ARISES, SO THAT IT CAN BE ADDRESSED IMMEDIATELY AND NOT JUST ONCE PER YEAR. PROCESS FOR DETERMINING COMPENSATION FORM 990, PART VI, LINES 15A & 15B THE COMPENSATION OF ALL OFFICERS OF THE UNIVERSITY IS REVIEWED AND APPROVED ANNUALLY BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES, AND IS SUBSEQUENTLY APPROVED BY THE FULL BOARD. THE COMMITTEE ENGAGES THIRD PARTY EXPERTS TO BENCHMARK COMPENSATION FOR THESE POSITIONS ON AN ANNUAL BASIS. THE COMPENSATION OF KEY EMPLOYEES IS SET BY THEIR SUPERVISING OFFICER WITHIN THE CONSTRAINTS OF THE BOARD OF TRUSTEES' APPROVED UNIVERSITY OPERATING BUDGET. THE INDIVIDUALS WHO DETERMINE COMPENSATION OF THE OFFICERS ARE INDEPENDENT PERSONS SERVING ON THE BOARD. DURING THE COURSE OF DELIBERATIONS, THESE PERSONS REVIEW THIRD-PARTY COMPARABILITY DATA TO HELP THEM DECIDE WHAT COMPENSATION IS REASONABLE. DOCUMENT DISCLOSURE FORM 990, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE AS PUBLIC INFORMATION ON THE UNIVERSITY'S WEBSITE. Other changes in net assets or fund balances Form 990, Part XI, Line 9 Investment Fees 45,363 Loan Adjustment 100,000 --------- Total 145,363 FORM 990 PART IX LINE 11G DESCRIPTION:SUB-CONTRACTS/CONTRACTUAL EXP TOTAL FEES:98441183 FORM 990 PART IX LINE 11G DESCRIPTION:CONSULTING SERVICES TOTAL FEES:4764367 American Univ at Connecticut Ave LLC 4400 Massachusetts Ave NW Washington DC 20016 455294959 Real Estate DC 0 0 AU Washington Research Library Consortium 901 Commerce Drive Upper Marlboro MD 20774 521559828 Library Svcs MD 501(c)(3) 12 TYPE II NA false THE AIRLIE FOUNDATION 6809 AIRLIE ROAD WARRENTON VA 20187 540715531 CONF FACILITY VA AMERICAN U C Corp 10731993 24601048 1.00000 true false false false false false false false false false false false false false false false true false false false