2020-06-18T17:34:46-05:00 2019-07-31 KPMG LLP 550 S Hope St Suite 1500 Los Angeles CA 90071 990 2018-08-01 951644037 PEPPERDINE UNIVERSITY % LAURA PONDER CONTROLLER PEPP 8187021350 24255 PACIFIC COAST HWY MALIBU CA 902634497 GREG G RAMIREZ CFO 8187021350 2020-06-16 true CAREY MCKEE P01281067 2139724000 2020-06-17 199.206.0.5 95488420201705000006 2020-06-18 P 164FA9FDD4A18A30677B9C9ED78991B59AF5BA8D 142284C040319A5B2FED0EA50B062FC5C2478189 2018 2021-01-29 14:40:06Z ANDREW K BENTON 24255 PACIFIC COAST HWY MALIBU CA 902634497 795871249 false X WWW.PEPPERDINE.EDU X 1937 CA PEPPERDINE UNIVERSITY IS AN INDEPENDENT, PRIVATE CHRISTIAN UNIVERSITY COMMITTED TO THE HIGHEST STANDARDS OF EXCELLENCE AND CHRISTIAN VALUES, (CONTINUED SCHEDULE O) 39 37 4965 38 -7807104 612139 39372267 34179043 408610103 435858309 61857274 63810698 10466898 9538651 520306542 543386701 113354543 121289831 0 0 197233680 207596289 99513 38808 7779990 161508763 192379880 472196499 521304808 48110043 22081893 1897654028 1930853615 528669890 536232962 1368984138 1394620653 X Pepperdine University is Christian university committed to the highest standards of academic excellence and Christian values, where students are strengthened for lives of purpose, service, and leadership. false false 187675502 120955190 46703033 Student Services, including scholarships to enrolled students - There are many auxiliary services offered to the students to promote their intellectual, emotional, and spiritual development. Pepperdine University maintains multiple dining and housing facilities, a bookstore, banking services, parking facilities located all over campus, transportation services, recreational fields, and mail services. In addition to these facilities and services, Pepperdine University offers approximately 92% of its student body financial aid in the form of various scholarships, grants, and loans. 107484651 194523 382957364 Instruction and Research - Pepperdine University is a top Christian institution for higher education, and serves approximately 3,600 undergraduate students and 4,400 graduate students. In addition to the university's campuses in California, Pepperdine University maintains seven student learning programs in locations such as Europe, Asia, South America, and Washington D.C. Pepperdine University believes in a low student-faculty ratio (14:1) and has an average class size of 19. The university offers 66 majors that undergraduates can pursue, as well as 40 graduate degrees, including six doctoral degrees. 78857105 18118 5231079 Academic Support - Pepperdine University equips students with academic support to ensure students reach their educational goals. University services such as the Library, Tech Central, Pepperdine Counseling Center, the Health Center, and One Stop, which is the primary academic advising center, assist in the well-being and academic progress of the university's students. 20352539 122000 966833 Public Service 20352539 122000 966833 394369797 true true false true false true false true true true true true false true true false false true true true true false true true true false false true true true true true true false false false true false false true false true true false false true true true true false false true X 11625 0 true 4965 true true true true AR CH GM IT SZ UK false false false true true false false false false false false false false false X 39 37 false false false false false false false true true false false true true true true true true true false false CA KY MD OR SC X X LAURA PONDER CONTROLLER 8187021370 24255 PACIFIC COAST HIGHWAY MALIBU CA 902634497 X ANDREW K BENTON PRESIDENT AND CEO 40.0 3.0 X X 710482 0 371176 EDWIN BIGGERS CHAIRMAN 1.0 0.0 X X 0 0 0 JAMES PORTER VICE CHAIRMAN 1.0 2.0 X X 0 0 0 SUSAN RICE SECRETARY 1.0 0.0 X X 0 0 0 FREDERICK RICKER ASSISTANT SECRETARY 1.0 0.0 X X 0 0 0 BRETT BIGGS REGENT 1.0 0.0 X 0 0 0 SHEILA BOST REGENT 1.0 0.0 X 0 0 0 CHARLES BRANCH JR REGENT 1.0 0.0 X 0 0 0 DALE BROWN REGENT 1.0 0.0 X 0 0 0 JANICE BROWN REGENT 1.0 0.0 X 0 0 0 JOSE COLLAZO REGENT 1.0 1.0 X 0 0 0 NANCY DE LIBAN REGENT 1.0 0.0 X 0 0 0 SHELLE ENSIO REGENT 1.0 0.0 X 0 0 0 TERRY GILES REGENT 1.0 0.0 X 0 0 0 SETH HAYE REGENT 1.0 0.0 X 0 0 0 MICHELLE HIEPLER REGENT 1.0 0.0 X 0 0 0 GLEN HOLDEN REGENT 1.0 0.0 X 0 0 0 GAIL HOPKINS REGENT 1.0 0.0 X 0 0 0 PETER JAMES JOHNSON JR REGENT 1.0 0.0 X 0 0 0 JOHN KATCH REGENT 1.0 0.0 X 0 0 0 DENNIS LEWIS REGENT 1.0 0.0 X 0 0 0 JOHN T LEWIS REGENT 1.0 0.0 X 0 0 0 KIMBERLY LINDLEY REGENT 1.0 0.0 X 0 0 0 FAYE MCCLURE REGENT 1.0 0.0 X 0 0 0 MICHAEL OKABAYASHI REGENT 1.0 0.0 X 0 0 0 DANNY PHILLIPS REGENT 1.0 0.0 X 0 0 0 TIMOTHY PHILLIPS REGENT 1.0 0.0 X 0 0 0 JOHN PLUEGLER REGENT 1.0 0.0 X 0 0 0 CAROL RICHARDS REGENT 1.0 0.0 X 0 0 0 B JOSEPH ROKUS REGENT 1.0 1.0 X 0 0 0 HAROLD SMETHILLS REGENT 1.0 3.0 X 0 0 0 DEE ANNA SMITH REGENT 1.0 0.0 X 0 0 0 ROSA MERCADO SPIVEY REGENT 1.0 0.0 X 0 0 0 WILLIAM STEVENS REGENT 1.0 0.0 X 0 0 0 STEPHEN STEWART REGENT 1.0 0.0 X 0 0 0 AUGUSTUS TAGLIAFERRI REGENT 1.0 0.0 X 0 0 0 MARTA TOOMA REGENT 1.0 0.0 X 0 0 0 ROBERT WALKER REGENT 1.0 0.0 X 0 0 0 JAY S WELKER REGENT 1.0 0.0 X 0 0 0 GARY HANSON EXECUTIVE VP AND COO 40.0 0.0 X 355948 0 219097 CHARLES PIPPIN SVP INVESTMENTS/CHIEF INV OFF 40.0 3.0 X 544771 0 154852 SAMUEL HINKLE SVP ADVANCEMENT/PUBLIC AFF 40.0 1.0 X 262793 0 210256 PHIL PHILLIPS VP & CHIEF ADMIN OFFICER 40.0 0.0 X 235579 0 130430 MARIAN MITZE VP & CHIEF OF STAFF 40.0 0.0 X 184492 0 37312 RICK GIBSON VP OF PUB. AFFS. & CMO 40.0 0.0 X 127468 0 131370 RICK MARRS PROVOST & CHIEF ACADEMIC OFF 40.0 0.0 X 490834 0 301457 JOAN K SINGLETON CHIEF FINANCIAL OFFICER 40.0 3.0 X 265982 0 30781 CONNIE HORTON VP, STUDENT AFFAIRS 40.0 0.0 X 136964 0 141108 LANCE BRIDGESMITH ASSOC VP PLANNING OPERATIONS 40.0 0.0 X 219145 0 47539 PAUL CARON DEAN, SCHOOL OF LAW 40.0 0.0 X 234289 0 186419 DERYCK JANSE VAN RENSBURG DEAN, GRAZIADIO BUSINESS SCH 40.0 0.0 X 451823 0 30807 LEE KATS VICE PROVOST FOR RESEARCH 40.0 0.0 X 262603 0 37500 JEFFREY ROHDE MANAGING DIRECTOR INVESTMENTS 40.0 0.0 X 289471 0 37233 MICHAEL FELTNER DEAN, SEAVER COLLEGE 40.0 0.0 X 278878 0 72135 FAYE E HOLTON DIRECTOR OF INVESTMENTS 35.0 5.0 X 235993 0 37386 MICHAEL NICKS DIRECTOR OF INVESTMENTS 40.0 0.0 X 212063 0 60483 SARA COSENTINO CHIEF HUMAN RESOURCES OFFICER 40.0 0.0 X 197835 0 68214 JONATHAN SEE CHIEF INFORMATION OFFICER 40.0 0.0 X 228143 0 34085 NICOLLE TAYLOR CHIEF BUSINESS OFFICER 40.0 0.0 X 190154 0 32905 HELEN E WILLIAMS DEAN, GRADUATE SCHOOL OF ED 40.0 0.0 X 220707 0 82991 LORENZO ROMAR HEAD COACH, BASKETBALL 40.0 0.0 X 577778 0 49187 EDWARD LARSON DARLING CHAIR OF LAW 40.0 0.0 X 340348 0 66717 MARC GOODMAN GENERAL COUNSEL 40.0 0.0 X 318306 0 39615 SUKHSIMRANJIT SINGH ASSOC. 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PROFFESOR 40.0 0.0 X 276235 0 33374 THOMAS STIPANOWICH PROFESSOR OF LAW 40.0 0.0 X 276378 0 66418 PAUL LASITER FORMER CFO 0.0 0.0 X 121770 0 199472 MICHAEL ADAMS FORMER CHANCELLOR 0.0 0.0 X 272574 0 145841 DEANELL TACHA FORMER DEAN EMERITA 0.0 0.0 X 263423 0 22641 DAVID SMITH FORMER ASSOC PROV 0.0 0.0 X 257710 0 65157 LAMAR WILSON FORMER HEAD BASKETBALL COACH 0.0 0.0 X 700221 0 24533 9741160 0 3168491 402 true true false Sundt Construction Inc 2865 Gateway Drive Suite 300 Sacramento CA 95833 Construction 31843131 Sodexo Inc Affiliates PO Box 360170 Pittsburgh PA 152516170 Catering & Custodial 8591254 Environmental Contracting Corporati 880 East 1st Street Los Angeles CA 90012 Construction 5521099 DPR Construction 4665 MacArthur Court Suite 100 Newport Beach CA 92660 Construction 4239252 NCS Pearson Inc 13036 Collection Center Drive Chicago IL 60693 E-Learning 3527366 77 922230 2423916 3578295 27254602 1680477 34179043 Student Tuition and Fees 611710 385530780 385530780 Room and Board 611710 43224278 43224278 Sales and Services 611710 1216558 1216558 Other Revenue 611710 5886693 5886693 435858309 34356393 -9204435 43560828 0 0 1821023 1821023 0 1821023 1821023 280701704 1000 251248399 29453305 1000 29454305 455327 28998978 468457 922230 1236149 -767692 -767692 0 0 0 0 0 0 SALES AND SERVICES 611710 5419791 942004 4477787 OTHER REVENUE 611710 1565095 1565095 ANNUITY AND FUNDS RELEASED 611710 1500434 1500434 8485320 543386701 435858309 -7807104 81156453 121575 121575 109551310 109551310 11616946 11616946 0 8693365 2508878 5285445 899042 1435510 851371 373552 210587 149683091 111848020 33685881 4149190 10482072 7473261 2671403 337408 26630736 20727302 5081527 821907 10671515 7361256 2991199 319060 0 291668 94750 196400 518 771762 88331 683431 0 38808 38808 6190009 6190009 39848359 30829743 8725988 292628 6932117 4951397 1911398 69322 11350788 5562361 5571054 217373 8320618 2591145 5723866 5607 0 10004687 6532667 3469468 2552 11379678 8076400 3237653 65625 0 4611795 2829449 1762896 19450 12880775 10536474 2292778 51523 0 27542555 22529807 4902578 110170 7511995 148700 7363295 STUDENT MEALS 10360530 1090858 9269672 0 CONSTRUCTION & EQUIPMENT 5483400 1484799 3997002 1599 EQUIPMENT RENTAL & MAINTENANCE 4788376 1421725 3364779 1872 Library Expenses 1942638 1930130 12508 0 22168130 21611142 391239 165749 521304808 394369797 119155021 7779990 4691202 3257617 131040026 147112036 38121580 49925199 8745154 12680862 870000 895786 0 0 5459421 5782546 0 0 4862666 3998851 705144280 257644761 444508793 447499519 24006557 167300124 887181273 763153074 19516369 17718046 0 0 328650987 311529955 1897654028 1930853615 43298616 48202020 0 0 10020188 18131219 425988895 296999021 36173829 35065192 0 0 0 0 0 0 13188362 137835510 528669890 536232962 X 830740376 848967083 128347074 130092921 409896688 415560649 1368984138 1394620653 1897654028 1930853615 X 22081893 3979971 -425349 X false true X true true true X 30180908 25472417 30223377 39372267 34179043 159428012 0 0 30180908 25472417 30223377 39372267 34179043 159428012 6348928 153079084 17144685 11144981 10336144 15603552 36177416 90406778 1182857 1797710 2980567 337487 263348 328499 5893348 8953777 15776459 268591816 1987060749 0.56993 0.63940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false true 53 false false true 69928 69981 false Form Sch C Part II-B Line 1f The university paid membership dues to the National Association of College and University Business Officers(NACUBO), a portion of which was used by the organization to lobby for higher education initiatives. Form Sch C Part II-B Line 1i The university hired a lobbying firm in connection with land use issues. 5 0 0 0 214500 0 1033114 0 true true 4552345 X X X false false true X 904143256 20848280 38449008 45889525 917551019 860333000 13743769 69227350 39160863 904143256 781341000 4519000 112756000 38283000 860333000 785767000 5754000 31352000 41532000 781341000 783508000 10122000 32859000 40722000 785767000 0.51917 0.40469 0.07614 true true true 28613150 28613150 624046820 234847647 389199173 38969699 22797114 16172585 13514611 13514611 447499519 ALTERNATIVE INVESTMENTS 761694350 F LIMITED PARTNERSHIPS 1139865 F CASH & EQUIVALENT INVESTMENTS 184186 F OTHER INVESTMENTS 134673 F 763153074 ASSETS HELD AS TRUSTEE 225593126 INVESTMENTS IN SUBSIDIARIES 55573279 INVESTMENTS - REAL ESTATE 27981525 HELD UNDER AGENCY AGREEMENTS 1881495 OTHER INVESTMENTS 500530 311529955 0 U.S. GOVERNMENT STUDENT LOANS 13430683 TAXABLE BOND LIABILITES 124404827 137835510 415321741 3979971 810800 4790771 410530970 6190009 126665722 132855731 543386701 389685226 1236149 1236149 388449077 6190009 126665722 132855731 521304808 SCHEDULE D, PART III, LINE 4 - COLLECTION OF ART AND OTHER SIMILAR ASSETS Collections consist of items acquired by the university's library that require special handling due to their rarity, value, and/or physical condition. The university also maintains an archival collection of official documents, papers, publications, and artifacts of Pepperdine University and persons connected to the university. These collections are protected and preserved for education, research, and public exhibition. SCHEDULE D, PART IV, LINE 2B - ESCROW AND CUSTODIAL ARRANGEMENTS Pepperdine University records a custodial liability for charitable gift annuities, charitable remainder trusts, and life estates that are subject to life interests of the beneficiaries. No significant financial benefit can be realized until contractual obligations are released. The university also acts as the fiscal agent for funds related to university sponsored and/or affiliated programs, as well as student groups. The university does not own the funds associated with these groups. SCHEDULE D, PART V, LINE 4 - USE OF ENDOWMENT FUNDS The intent of Pepperdine University's endowment fund is to generate revenues necessary to support the university's exempt purpose, including education, research, and scholarship. SCHEDULE D, PART XI, LINE 2D - PRESENTATION DIFFERENCES ON FORM 990 Actuarial Adjustment of Trust Obligations (5,303,844) Fundraising Exp Reported as functional Exp on FS 1,236,149 Change in VALUE OF BENEFICIAL INTEREST 4,878,495 ------------ TOTAL 810,800 SCHEDULE D, PART XI, LINE 4B - PRESENTATION DIFFERENCES ON FORM 990 GROSS-UP NON-OPERATING EXP REPORTED NET ON FINANCIALS 5,497,466 GROSS-UP FINANCIAL AID REPORTED NET ON FINANCIALS 121,168,256 ------------- TOTAL 126,665,722 SCHEDULE D, PART XII, LINE 2D-PRESENTATION DIFFERENCES ON FORM 990 FUNDRAISING EXP REPORTED NET OF REVENUE ON FORM 990 1,236,149 SCHEDULE D, PART XII, LINE 4B- PRESENTATION DIFFERENCES ON FORM 990 GROSS-UP NON-OPERATING EXP REPORTED GROSS ON FORM 990 5,497,466 GROSS-UP FINANCIAL AID REPORTED GROSS ON FORM 990 121,168,256 ------------- TOTAL 126,665,722 true true false true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE-3 A DESCRIPTION OF THE UNIVERSITY NON-DISCRIMINATORY POLICY IS PUBLISHED IN THE UNIVERSITY'S CATALOGS AND THE EMPLOYMENT OPPORTUNITIES PAGE OF THE HUMAN RESOURCES WEBSITE. true Central America and the Caribbean Investments 203880529 Europe (Including Iceland and Greenland) Investments 5880437 Europe (Including Iceland and Greenland) 4 47 Program Services Educational Programs 14978307 South America 1 20 Program Services Educational Programs 3091629 East Asia and the Pacific 1 18 Program Services Educational Programs 2737245 Sub-Saharan Africa Program Services Educational Programs 16503 East Asia and the Pacific Grantmaking Scholarship/Fin Assist 1472928 Europe (Including Iceland and Greenland) Grantmaking Scholarship/Fin Assist 7653629 South America Grantmaking Scholarship/Fin Assist 2350606 Middle East and North Africa Grantmaking Scholarship/Fin Assist 81296 Sub-Saharan Africa Grantmaking Scholarship/Fin Assist 58487 6 85 6 85 242201596 242201596 Scholarships / Financial Assistance East Asia and the Pacific 103 1472928 Student Acct N/A N/A Scholarships / Financial Assistance Europe (Including Iceland and Greenland) 434 7653629 Student Acct N/A N/A Scholarships / Financial Assistance South America 103 2350606 Student Acct N/A N/A Scholarships / Financial Assistance Middle East and North Africa 18 81296 Student Acct N/A N/A Scholarships / Financial Assistance Sub-Saharan Africa 10 58487 Student Acct N/A N/A true false true true true false SCHEDULE F, PART I, LINE 2 - MONITORING OF FUNDS Pepperdine University maintains an Office of Research and Sponsored Programs that oversees the administration of all grants, domestic and international, to ensure compliance with grant requirements as well as laws and regulations. Further oversight is provided by the university's Finance Office. SCHEDULE F, PART I, LINE 3, COLUMN(F) - ACCOUNTING BASIS Expenditures identified in column (f) are the regional expenditures incurred by the university are in U.S. dollars using the accrual basis of accounting. SCHEDULE F, PART III, COLUMN (D) - ACCOUNTING BASIS Expenditures identified in column (d) are in U.S. dollars using the accrual basis of accounting. SCHEDULE F, PART III, COLUMN (C) - NUMBER OF RECIPIENTS The number of recipients reported in column (c) is determined by reviewing the actual number of students who received aid from that region. X X X X X X X true Michael Warder DBA as The Warder C 2172 Malati Circle Upland CA 91784 Program Fundraising false 823340 38808 784532 823340 38808 784532 AL AK AR CA CT HI KY MD NC OR SC UT Golf Classic 383236 218781 164455 2765 2865 250004 Assoc. Dinner 428000 329750 98250 9662 227339 117545 213706 8 579451 373699 205752 1302 38372 259428 1570 111591 1390687 922230 468457 1302 50799 489632 119115 575301 1236149 -767692 true Ohio Valley University Inc 1 Campus View Drive Vienna WV 261058000 550419865 501(c)(3) 115986 0 N/A N/A Unrestricted, forgiven loan 1 Scholarships / Financial Aid Paid 5889 109551309 N/A N/A SCHEDULE I, PART I, LINE 2 - MONITORING USE OF FUNDS Grants are provided on the basis of verified financial need or merit. The university does not unlawfully discriminate on the basis of race, color, national or ethnic origin, religion, age, sex, disability, or prior military service. Financial assistance is monitored so that it is in compliance with awarding terms and conditions. Expenditures are reviewed for permissibility and compliance. Students are required to submit appropriate documents for approval. SCHEDULE I, PART III, COLUMN(B) - NUMBER OF RECIPIENTS Cash grants are credits to student accounts. The number of recipients represents only the number of students receiving institutional funding and Federal Supplemental Opportunity Grants. Outside grants, or application of funds provided by outside organizations, are not included. X X X X X X X true true X X X X false true false false false false false true false ANDREW K BENTON PRESIDENT AND CEO 470139 0 0 0 240343 0 252169 0 119007 0 1081658 0 223219 0 GARY HANSON EXECUTIVE VP AND COO 350701 0 0 0 5247 0 113148 0 105949 0 575045 0 0 0 CHARLES PIPPIN SVP INVESTMENTS/CHIEF INV OFF 388522 0 40500 0 115749 0 121814 0 33038 0 699623 0 101472 0 SAMUEL HINKLE SVP ADVANCEMENT/PUBLIC AFF 177494 0 0 85299 0 101275 0 108981 0 473049 0 66290 0 PHIL PHILLIPS VP & CHIEF ADMIN OFFICER 198471 0 20000 0 17108 0 30074 0 100356 0 366009 0 0 0 MARIAN MITZE VP & CHIEF OF STAFF 179332 0 0 0 5160 0 18720 0 18592 0 221804 0 0 0 RICK GIBSON VP OF PUB. AFFS. & CMO 112768 0 0 0 14700 0 35484 0 95886 0 258838 0 0 0 RICK MARRS PROVOST & CHIEF ACADEMIC OFF 297672 0 0 0 193162 0 137746 0 163711 0 792291 0 166153 0 JOAN K SINGLETON CHIEF FINANCIAL OFFICER 239390 0 0 0 26592 0 0 0 30781 0 296763 0 0 0 CONNIE HORTON VP, STUDENT AFFAIRS 102250 0 10000 0 24714 0 47812 0 93296 0 278072 0 0 0 LANCE BRIDGESMITH ASSOC VP PLANNING OPERATIONS 199526 0 18984 0 635 0 20333 0 27206 0 266684 0 0 0 PAUL CARON DEAN, SCHOOL OF LAW 208017 0 5000 0 21272 0 48155 0 138264 0 420708 0 0 0 DERYCK JANSE VAN RENSBURG DEAN, GRAZIADIO BUSINESS SCH 442544 0 5000 0 4279 0 27500 0 3307 0 482630 0 0 0 LEE KATS VICE PROVOST FOR RESEARCH 248558 0 7000 0 7045 0 25188 0 12312 0 300103 0 0 0 JEFFREY ROHDE MANAGING DIRECTOR INVESTMENTS 232445 0 56627 0 399 0 23402 0 13831 0 326704 0 0 0 MICHAEL FELTNER DEAN, SEAVER COLLEGE 263502 0 9500 0 5876 0 27500 0 44635 0 351013 0 0 0 FAYE E HOLTON DIRECTOR OF INVESTMENTS 188773 0 45487 0 1733 0 19392 0 17994 0 273379 0 0 0 MICHAEL NICKS DIRECTOR OF INVESTMENTS 168127 0 42746 0 1190 0 17848 0 42635 0 272546 0 0 0 SARA COSENTINO CHIEF HUMAN RESOURCES OFFICER 191792 0 5000 0 1043 0 20573 0 47641 0 266049 0 0 0 JONATHAN SEE CHIEF INFORMATION OFFICER 213287 0 6500 0 8356 0 21548 0 12537 0 262228 0 0 0 NICOLLE TAYLOR CHIEF BUSINESS OFFICER 181987 0 7500 0 667 0 17045 0 15860 0 223059 0 0 0 HELEN E WILLIAMS DEAN, GRADUATE SCHOOL OF ED 190594 0 7000 0 23113 0 36085 0 46906 0 303698 0 0 0 LORENZO ROMAR HEAD COACH, BASKETBALL 547365 0 0 0 30413 0 0 49187 0 626965 0 0 0 EDWARD LARSON DARLING CHAIR OF LAW 271996 0 1000 0 67352 0 27500 0 39217 0 407065 0 0 0 MARC GOODMAN GENERAL COUNSEL 254402 0 15000 0 48904 0 25885 0 13730 0 357921 0 0 0 SUKHSIMRANJIT SINGH ASSOC. DIR. & ASST. PROFFESOR 180031 0 5000 0 91204 0 14483 0 18891 0 309609 0 0 0 THOMAS STIPANOWICH PROFESSOR OF LAW 221952 0 0 0 54426 0 23150 0 43268 0 342796 0 0 0 PAUL LASITER FORMER CFO 37091 0 0 0 84679 0 62637 0 136835 0 321242 0 67392 0 MICHAEL ADAMS FORMER CHANCELLOR 240423 0 0 0 32151 0 24515 0 121326 0 418415 0 0 0 DEANELL TACHA FORMER DEAN EMERITA 211965 0 50000 0 1458 0 21342 0 1299 0 286064 0 0 0 DAVID SMITH FORMER ASSOC PROV 226245 0 5000 0 26465 0 23691 0 41466 0 322867 0 0 0 LAMAR WILSON FORMER HEAD BASKETBALL COACH 73596 0 0 0 626625 0 8057 0 16476 0 724754 0 0 0 SCHEDULE J, PART I, LINE 1A - FIRST CLASS TRAVEL PURSUANT TO A WRITTEN POLICY AND APPROPRIATE APPROVAL, FIRST CLASS TRAVEL IS PERMITTED TO CERTAIN OFFICERS AND KEY EMPLOYEES FOR BUSINESS PURPOSES. TRAVEL FOR BUSINESS PURPOSES IS NOT INCLUDED IN TAXABLE WAGES. FOUR OFFICERS, TWO KEY EMPLOYEES, ONE FORMER KEY EMPLOYEE AND TWO HIGHEST COMPENSATED EMPLOYEES LISTED IN FORM 990, PART VII FLEW FIRST CLASS DURING CALENDAR YEAR 2018. SCHEDULE J, PART I, LINE 1A - TRAVEL FOR COMPANIONS PURSUANT TO A WRITTEN POLICY, CERTAIN OFFICERSKEY EMPLOYEES' SPOUSES ARE PERMITTED TO TRAVEL ON OCCASION WHEN NECESSARY FOR BUSINESS PURPOSE. TRAVEL FOR BUSINESS PURPOSE IS NOT INCLUDED IN TAXABLE WAGES. THREE OFFICERS LISTED IN FORM 990, PART VII WERE PROVIDED COMPANION TRAVEL FOR BUSINESS PURPOSES DURING CALENDAR YEAR 2018. SCHEDULE J, PART I, LINE 1A - GROSS-UP PAYMENTS PEPPERDINE UNIVERSITY PROVIDES GROSS-UP TO EMPLOYEES THAT PROVIDE LATE SUBSTANTIATION OF EXPENSES UNDER ACCOUNTABLE PLAN RULES FOR ORDINARY AND NECESSARY BUSINESS EXPENSES. AS PART OF THE MINISTERIAL HOUSING PROGRAM, PEPPERDINE PROVIDED ADDITIONAL COMPENSATION TO PARTICIPANTS FOR WAGE WITHHOLDINGS IN AN AMOUNT EQUAL TO THE EMPLOYER'S SHARE OF THE PARTICIPANTS' SELF EMPLOYMENT TAX. THE INDIVIDUALS LISTED IN FORM 990, PART VII THAT WERE PROVIDED WITH GROSS-UP PAYMENTS DURING THE CALENDAR YEAR 2018 INCLUDE SEVEN OFFICERS, FOUR KEY EMPLOYEES AND FIVE HIGHEST COMPENSATED EMPLOYEE AND ONE HIGHEST COMPENSATED EMPLOYEE. SCHEDULE J, PART I, LINE 1A - DISCRETIONARY SPENDING ACCOUNT TWO OFFICERS AND ONE KEY EMPLOYEE WERE PROVIDED A DISCRETIONARY SPENDING ACCOUNT FOR SUPPLEMENTAL TRAVEL AND PROFESSIONAL DUES FOR BUSINESS PURPOSES DURING CALENDAR YEAR 2018. SCHEDULE J, PART I, LINE 1A - HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE INCLUDED IN NON-TAXABLE BENEFITS OF EMPLOYEES WHO ARE MINISTERS IS THE VALUE OF HOUSING ALLOWANCE PROVIDED BY PEPPERDINE UNIVERSITY TO MINISTERS. THE PROVISION OF MINISTERIAL HOUSING IS SUBJECT TO EXECUTIVE APPROVAL. THE INDIVIDUALS LISTED IN FORM 990, PART VII WHO WERE PROVIDED WITH MINISTERIAL HOUSING DURING CALENDAR YEAR 2018 INCLUDE THREE OFFICERS AND TWO KEY EMPLOYEES. HOUSING WAS PROVIDED FOR FIVE OFFICERS DURING CALENDAR YEAR 2018 AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE EMPLOYER AND IS NOT INCLUDED IN TAXABLE WAGES. SCHEDULE J, PART I, LINE 1A - HEALTH OR SOCIAL CLUBS DUES THREE OFFICERS AND ONE FORMER OFFICER LISTED IN FORM 990, PART VII RECEIVED REIMBURSEMENTS FOR EXPENDITURES ASSOCIATED WITH HEALTH OR SOCIAL CLUB MEMBERSHIPS. ALL EXPENDITURES ARE FOR BUSINESS PURPOSES AND ARE APPROVED PURSUANT TO THE UNIVERSITY'S REIMBURSEMENT POLICIES.. SCHEDULE J, PART I, LINE 1A - PERSONAL SERVICES ONE FORMER OFFICER AND ONE KEY EMPLOYEE WERE PROVIDED CHAUFFEUR / CAR SERVICES FOR BUSINESS RELATED TRANSPORTATION. THE PROVISION OF SUCH SERVICES IS NOT INCLUDED AS TAXABLE WAGES. SCHEDULE J, PART I , LINE 4B - SUPPLEMENTAL NONQUALIFIED PLANS Pepperdine University has an incentive compensation plan for certain key executives. Under the plan, upon achievement of certain expectations and goals, and at the discretion of the Board of Regents, the participant will receive a university contribution to the plan for that plan year. University contributions to the plan become gradually vested beginning with the last day of the third plan year following the contribution, and vest fully at the completion of the seventh plan year following the award. When the employee has attained the age of 62, the account fully vests and is fully paid out to the employee. The vesting schedule is then accelerated such that the employee is fully vested after age 62. The following amounts were awarded during calendar year 2018: Andrew Benton - $107,253 Gary Hanson - $85,648 Samuel Hinkle - $49,275 Charles Pippin - $94,314 Rick Marrs - $82,238 The following amounts were vested and included in the employee's compensation during calendar year 2018: Andrew Benton - $223,219 Samuel Hinkle - $66,289 Charles Pippin - $101,472 Rick Marrs - $166,153 Paul Lasiter - $67,392 Under a nonqualified supplemental retirement plan, subject to certain conditions, and upon the completion of four years of service in his role as President of Pepperdine University in July 2019, President Andrew Benton received compensation equal to his average salary for the last four fiscal years. SCHEDULE J, PART I, LINE 7 - NONFIXED PAYMENTS Discretionary bonuses may be awarded upon the achievement of certain goals. SCHEDULE J, PART II, COLUMN (F) - REPORTED AS DEFERRED IN PRIOR YEAR Amounts reported on Schedule J, Part II, column (F), were previously reported on the university's Form 990 for prior years as amounts awarded under the incentive compensation plan disclosed in response to Schedule J, Part I, line 4b. A CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 130178P83 2012-06-05 58548544 REFUND 2003A BONDS & CAP IMP true false false B CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 1301785H5 2014-12-24 55734722 REFUND 2005A & B BONDS, CONSTRUCT false false false C CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 130179AX2 2015-09-03 87786387 REFUND 2005A & B BONDS false false false D CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 130179FV1 2016-03-17 117753105 REFUND 2010 BONDS, CONSTRUCTION false false false A 9735000 21505000 58548544 0 0 0 618936 0 0 11812381 46117227 0 2013 true false true true B 1145000 0 55734722 0 0 0 824034 0 0 30001580 24909108 0 false true true true C 3770000 0 87786387 0 0 0 717742 0 0 0 87068645 0 2015 true false true true D 0 0 117753105 0 0 15644924 868673 0 0 99395549 2133807 0 false true true true A false false true true false 0 0.01370 0.01370 false false false true B false false true true false 0 0.00970 0.00970 false false false true C false false true true false 0 0.00020 0.00020 false false false true D false false true true false 0 0.00100 0.00100 false false false true A false false false true false false 0 false 0 false true B false false false true false false 0 false 0 false true C false false true false false false 0 false 0 false true D false false false true false false 0 false 0 false true A true B true C true D true A CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 130179LU6 2017-12-21 24514680 REFUND 2012 BONDS false false false A 0 0 24514680 0 0 23545714 298224 0 0 0 0 670742 false true true true A false false true true false 0 0.00640 0.00640 false false false true A false false true false false false 0 false 0 false true A true SCHEDULE K, PART IV, LINE 2C, COLUMN(A)-DATE REBATE COMPUTATION PERFORMED 07/16/14 SCHEDULE K, PART IV, LINE 2C, COLUMN(B)-DATE REBATE COMPUTATION PERFORMED 02/02/18 SCHEDULE K, PART IV, LINE 2C, COLUMN(D)-DATE REBATE COMPUTATION PERFORMED 05/08/19 Michael Nicks Key Employee Contingent Int Loan X 320000 334071 false false true Helen Williams Key Employee Contingent Int Loan X 200000 207611 false false true Jeffrey Rohde Key Employee Contingent Int Loan X 350000 354104 false false true 895786 JEREMY MARRS FAMILY MEMBER OF OFFICER 153595 EMPLOYMENT false NICOLE MARRS FAMILY MEMBER OF OFFICER 162898 EMPLOYMENT false JENNIFER AKAMINE PHILLIPS FAMILY MEMBER OF REGENT 61674 EMPLOYMENT false LANDON PHILLIPS FAMILY MEMBER OF REGENT 81335 EMPLOYMENT false RONALD PHILLIPS FAMILY MBMBER OF OFFICER 334991 EMPLOYMENT false SHANNON PHILLIPS FAMILY MEMBER OF OFFICER 172581 EMPLOYMENT false Phillip Cho FAMILY MEMBER OF OFFICER 60142 EMPLOYMENT false Agnes Gibson FAMILY MEMBER OF OFFICER 68144 EMPLOYMENT false X 1 1 X 49 RETAIL COST X 4513 RETAIL COST X 30 1591723 AVG PRICE/DONATE DAY X 5 454 RETAIL COST X Other 39 29557 RETAIL COST X Gift Certificates 22 4600 RETAIL COST X Sports Event Tickets 5 8185 RETAIL COST X Event Supplies 31 41395 RETAIL COST 1 false true false SCHEDULE M, PART I, COLUMN (B) - NUMBER OF CONTRIBUTIONS The university reports the number of contributions received not the individual number of items included in those contributions. Form 990, Part I, Line 1 - ORGANIZATION'S SIGNIFICANT ACTIVITIES Continued where students are strengthened for lives of purpose, service, and leadership. The university enrolls approximately 8,000 students in its five colleges and schools. Seaver College, the university's undergraduate liberal arts college, the Caruso School of Law, and the School of Public Policy are headquartered on 830 acres in the Santa Monica Mountains overlooking the Pacific Ocean in Malibu, California. The Graduate School of Education and Psychology and the George L. Graziadio Business School are headquartered at the University's West Los Angeles, California graduate campus. Form 990, Part I, Line 6 - NUMBER OF VOLUNTEERS There are a number of students and alumni that volunteer their time for various purposes at the university. These volunteers, however, are not formally tracked by the university. The number of volunteers represents the number of volunteer members of the Board of Regents. Form 990, Part III, Line 4d - OTHER PROGRAM SERVICES Public Service - The university offers numerous services to the general public, including art exhibits, concerts, productions, and other public benefit activities. Form 990, Part V, Line 2a - NUMBER OF EMPLOYEES The number of employees includes student workers. Form 990, Part VI, Line 1a - GOVERNING BODY VOTING MEMBERS The Board of Regents of Pepperdine University has an Executive Committee, which may act for and in place of the Board of Regents between regular board meetings and during any recess. Only regents can be members of the Executive Committee. The Executive Committee has the power to transact business on behalf of the Board of Regents, subject to any limitations imposed by the Board of Regents, the bylaws, or applicable law. Form 990, Part VI, Line 11b - PROCESS TO REVIEW FORM 990 Information is supplied by the university to the paid preparer to prepare the return. A draft version of the Form 990 is provided to senior management and the Audit Committee of the Board of Regents for review. Changes and comments are submitted to management and any necessary changes are made prior to the final review and signing of the tax return by the university's tax consultants. A full copy of the Form 990 is provided to the Board of Regents prior to filing. Form 990, Part VI, Line 12c-CONFLICT OF INTEREST POLICY ENF. Each regent, officer, and key employee is required to disclose annually, in writing. any financial or business relationships that he or she, or any family member, has with Pepperdine University. The regent and officer disclosures are reviewed by the Board of Regents. All other employee disclosures are reviewed by General Counsel and the Executive Vice President. All conflict situations are resolved at this review in accordance with the university's Conflict of Interest Policy. If a conflict is found for a regent, the regent is asked to recuse him or herself from the matter. Resolution of conflicts for officers and other employees are overseen by General Counsel. Form 990, Part VI, Line 15a - PRESIDENT & CEO COMPENSATION PEPPERDINE UNIVERSITY'S BOARD OF REGENTS' COMPENSATION COMMITTEE, NONE OF WHICH HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT, REVIEWS THE COMPENSATION PACKAGE OF THE PRESIDENT ON AN ANNUAL BASIS, MOST RECENTLY IN JUNE 2019. THE COMPENSATION COMMITTEE ANNUALLY CONSIDERS MARKET DATA AND ANALYSIS ASSEMBLED BY THE UNIVERSITY'S HUMAN RESOURCE DEPARTMENT. THE MARKET SALARY DATA IS PULLED FROM A HUMAN RESOURCE SUBSCRIPTION SERVICE THAT PROVIDES DATA USING A PEER GROUP OF INSTITUTIONS COMPARABLE TO THE UNIVERSITY IN SIZE AND COMPLEXITY. THE PEER GROUP IS PERIODICALLY REVIEWED TO ENSURE THE INSTITUTIONS REMAIN SIMILARLY SITUATED TO THE UNIVERSITY. ADDITIONALLY, THE UNIVERSITY PERIODICALLY HIRES INDEPENDENT COMPENSATION CONSULTANTS TO CONDUCT AN IMPARTIAL COMPENSATION REVIEW AND PREPARE FORMAL REPORTS. THE DELIBERATIONS OF THE COMPENSATION COMMITTEE ARE CONTEMPORANEOUSLY DOCUMENTED IN THE COMMITTEE MINUTES THAT SUMMARIZE THE DECISIONS MADE, INCLUDING TERMS OF DELIBERATIONS, THOSE WHO VOTED ON IT, A DESCRIPTION OF THE COMPARABILITY DATA RELIED UPON, AND HOWIT WAS OBTAINED. FORM 990, PART VI, LINE 15B - COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES THE PROCESS FOR DETERMINING COMPENSATION PACKAGES FOR EXECUTIVE VICE PRESIDENTS, SENIOR VICE PRESIDENTS, CHIEF FINANCIAL OFFICER, AND PROVOST/CHIEF ACADEMIC OFFICER IS THE SAME PROCESS AS FOR THE UNIVERSITY PRESIDENT AND CEO. THE COMPENSATION PACKAGES FOR OTHER VICE PRESIDENTS AND KEY EMPLOYEES ARE ESTABLISHED USING A SIMILAR PROCESS FOR OBTAINING AND REVIEW OF FINANCIAL COMPARABILITY DATA; HOWEVER, THEIR PACKAGES ARE DETERMINED BY THE CEO AND OTHER OFFICERS OF THE UNIVERSITY INSTEAD OF THE BOARD OF REGENTS. Form 990, Part VI, Line 19 - Docs available for public inspection Pepperdine University's financial statements are made available via the university's website. The university does not make its Conflict of Interest Policy and governing documents available to the public upon request. FORM 990, PART XI, LINE 9 - OTHER CHANGES IN NET ASSETS Actuarial adjustment $(5,303,844) Gain on valuation of beneficial interest $ 4,878,495 -------------- TOTAL $ (425,349) Wave Ventures LLC 24255 Pacific Coast Highway Malibu CA 90263 464526544 Support Univ CA 0 828606 Pepperdine Wave Enterpises Inc 24255 Pacific Coast Highway Malibu CA 90263 954274572 Support Univ CA 501(c)(3) LINE 12A, I Pepperdine true Wave Services Inc 24255 Pacific Coast Highway Malibu CA 90263 954315778 Support Univ CA 501(C)(3) LINE 12A, I Pepperdine true Wave Property Inc 24255 Pacific Coast Highway Malibu CA 90263 954297104 Support Univ CA 501(C)(3) LINE 12A, I Pepperdine true Pepperdine University (USA) in London 56 Princess Gate London UK SW7 2PG Education UK Pepperdine true Pepperdine University (USA) Succursale AV MARC DUFOUR 15 Lausanne SZ CH-1007 Education SZ Pepperdine true Cinderella Immobiliare SRL Viale Milton 41 Florence IT 50129 Education IT Pepperdine true Pepperdine (Shanghai) Consulting Co Ltd Nr 66 Lane 532 Yu Yaun Road Shanghai CH 200040 Education CH Wave Venture true Anduril Holdings LLC 310 Alder Road PO Box 841 Dover DE 19904 010935824 Investments DE Pepperdine Excluded 15011 1139863 false false 0.99000 Pepperdine University SRL 11 DE SEPTIEMBRE 955 Buenos Aires AR 1426 (CAP) Education AR Pepperdine C Corp 0 0 1.00000 true Fundacion Pepperdine University Para 11 De Septiembre 955 Buenos Aires AR 1426 (CAP) Education AR Pepperdine C Corp -19920 97406 1.00000 true Charitable Remainder Unitrusts (3) Investing CA Pepperdine Trust 0 0 0.00000 true NIM Charitable Remainder Unitrust (1) Investing CA Pepperdine Trust 0 0 0.00000 true Charitable Gift Annuities (90) Investing CA Pepperdine Trust 0 0 0.00000 true CHARITABLE REMAINDER UNITRUSTS (58) INVESTING CA WAVE SERVICES TRUST 0 0 0.00000 true CHARITABLE REMAINDER ANNUITY TRUSTS (3) INVESTING CA WAVE SERVICES TRUST 0 0 0.00000 true NIM CHARITABLE REMAINDER UNITRUSTS (4) INVESTING CA WAVE SERVICES TRUST 0 0 0.00000 true false false true false false false false false false false true false false true true true true true true Wave Enterprises Inc c 931706 FMV Wave Services Inc C 1492210 FMV Wave Property Inc r 572944 FMV Pepperdine University (USA) in London UK r 1499679 FMV Fundacion Pepperdine University Para America r 1172568 FMV Pepperdine University (USA) in Switzerland r 3048416 FMV Cinderella Immobiliare SRL r 1610137 FMV Pepperdine (Shanghai) Consulting Co Ltd r 1350000 FMV Wave Enterprises Inc r 1171511 FMV Wave Services Inc s 1662753 FMV