2020-05-26T09:37:37-05:00 2019-06-30 BKD LLP 200 E Main St Suite 700 Fort Wayne IN 46802 990 2018-07-01 362167773 LEWIS UNIVERSITY % TERESA KREJCI LEWI 8158380500 ONE UNIVERSITY PARKWAY ROMEOVILLE IL 60446 TERESA KREJCI VP FINANCE & CFO 8158380500 2019-11-15 true Lauren R Denton P01571860 2604604000 167.68.126.162 35027420201475000019 2020-05-26 P 6A058C39C26708164050AFBA326B16431F08E27A 24AFAAB6F2469FB738EC766CE6E703B897A40E51 2018 2020-09-23 17:36:50Z DR DAVID LIVINGSTON ONE UNIVERSITY PARKWAY ROMEOVILLE IL 60446 213749096 false X WWW.LEWIS.EDU X 1934 IL LEWIS UNIVERSITY, GUIDED BY ITS CATHOLIC AND LASALLIAN HERITAGE, PROVIDES TO A DIVERSE STUDENT POPULATION POST SECONDARY EDUCATION AND TRAINING. 33 32 2112 42 -27739 -27839 29664923 9351761 148045889 155609600 7385150 1756885 1536509 -83830 186632471 166634416 66607380 52164574 0 0 69810272 71912496 94140 66548 1564881 41009174 41734934 177520966 165878552 9111505 755864 300317557 240548581 159563631 97230068 140753926 143318513 X LEWIS UNIVERSITY, GUIDED BY ITS CATHOLIC AND LASALLIAN HERITAGE, PROVIDES TO A DIVERSE STUDENT POPULATION PROGRAMS FOR A LIBERAL AND PROFESSIONAL EDUCATION GROUNDED IN THE INTERACTION OF KNOWLEDGE AND FIDELITY IN THE SEARCH FOR TRUTH. LEWIS PROMOTES THE DEVELOPMENT OF THE COMPLETE PERSON THROUGH THE PURSUIT OF WISDOM AND JUSTICE. FUNDAMENTAL TO ITS MISSION IS A SPIRIT OF ASSOCIATION WHICH FOSTERS COMMUNITY IN ALL TEACHING, LEARNING AND SERVICE. false false 153725037 52164574 155609600 THE UNIVERSITY PROVIDES POST SECONDARY EDUCATION AND TRAINING TO STUDENTS. PROGRAM SERVICE COSTS INCLUDE INSTRUCTORS, SALARIES, RESIDENCE HALL AND RELATED OPERATIONAL EXPENDITURES. APPROXIMATELY 6,500 STUDENTS ATTENDED DURING THIS PERIOD. 153725037 true true false false false false false false false true true true false false true false true false true false false false false true true false false false true true true false false false false false false false false false false true false false false false true false false false true 8169 0 2112 true true true false false false false true true false false false false false false X 33 32 false false false false false false true true true false false true true true true true true true true false X TERESA KREJCI 8158365201 ONE UNIVERSITY PARKWAY ROMEOVILLE IL 60446 BRYAN DURKIN TRUSTEE 1.0 0.0 X 0 0 0 BR DOMINIC EHRMANTRAUT FSC TRUSTEE 1.0 0.0 X 0 0 0 TIMOTHY FERRARELL TRUSTEE 1.0 0.0 X 0 0 0 DR MARY CATHERINE FOX AFSC TRUSTEE 1.0 0.0 X 0 0 0 KENNETH GABRIEL TREASURER 1.0 0.0 X 0 0 0 BROTHER DAVID GALINSKI FSC TRUSTEE 1.0 0.0 X 0 0 0 MOHRA GAVANKAR TRUSTEE 1.0 0.0 X 0 0 0 KATHLEEN HALLORAN CHAIR 1.0 0.0 X 0 0 0 COLONEL DUANE HAYDEN TRUSTEE 1.0 0.0 X 0 0 0 DR SIHAM IBRAHIM TRUSTEE 1.0 0.0 X 0 0 0 JOHN KALEC TRUSTEE 1.0 0.0 X 0 0 0 PETER LIMBERGER TRUSTEE 1.0 0.0 X 0 0 0 CONGRESSMAN DAN LIPINSKI TRUSTEE 1.0 0.0 X 0 0 0 DR DAVID LIVINGSTON PRESIDENT 40.0 0.0 X X 439626 0 35397 BARBARA J MARTIN TRUSTEE 1.0 0.0 X 0 0 0 BROTHER ERNEST MILLER FSC TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL MOREFIELD TRUSTEE 1.0 0.0 X 0 0 0 PAMELA MOTT TRUSTEE 1.0 0.0 X 0 0 0 KEVIN NEWQUIST TRUSTEE 1.0 0.0 X 0 0 0 REVEREND PAUL E NOVAK OSM TRUSTEE 1.0 0.0 X 0 0 0 DR BRENNAN O'DONNELL TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL PARKER VICE CHAIR 1.0 0.0 X 0 0 0 CHRISTOPHER PERRY TRUSTEE 1.0 0.0 X 0 0 0 ROBERT R PLUTH JR TRUSTEE 1.0 0.0 X 0 0 0 DR SARODE PUNDALEEKA TRUSTEE 1.0 0.0 X 0 0 0 BROTHER MICHAEL QUIRK FSC TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM RYBAK TRUSTEE/CHAIR EMERITUS 1.0 0.0 X 0 0 0 EDUARDO SANCHEZ TRUSTEE 1.0 0.0 X 0 0 0 BROTHER JOSEPH SAURBIER FSC TRUSTEE 1.0 0.0 X 0 0 0 CAROL L SCHNEIDER TRUSTEE 1.0 0.0 X 0 0 0 JEFFREY J STAHL SECRETARY 1.0 0.0 X 0 0 0 GUY WIEBKING TRUSTEE 1.0 0.0 X 0 0 0 DR JAMES GIRARD TRUSTEE 1.0 0.0 X 0 0 0 DR STEPHANY SCHLACHTER PROVOST - RETIRED 40.0 0.0 X 270772 0 29216 DR CHRISTOPHER SINDT PROVOST 40.0 0.0 X 129813 0 19183 CAROLYN HEAD SENIOR VICE PRESIDENT/CFO 40.0 0.0 X 233064 0 38733 DR LEROY BUTLER CHIEF INFORMATION OFFICER 40.0 0.0 X 171814 0 35530 JOSEPH FALESE SENIOR VP FOR STUDENT SERVICES 40.0 0.0 X 186357 0 12062 LUIGI AMENDOLA VP FOR UNIVERSITY ADVANCEMENT 40.0 0.0 X 187038 0 36444 RAYMOND KENNELLY SENIOR VP FOR ENROLLMENT MGMT 40.0 0.0 X 243014 0 24638 DR BONNIE BONDAVALLI DEAN, COLLEGE ARTS & SCIENCES 40.0 0.0 X 184348 0 20782 DR KATHERINE HELM-LEWIS PROFESSOR, PSYCHOLOGY 40.0 0.0 X 170573 0 32541 DR RAMI KHASAWNEH PROFESSOR, MGMT INFO SYSTEMS 40.0 0.0 X 162637 0 32025 DR RAYMOND KLUMP PROF. COMPUTER/MATH SCIENCES 40.0 0.0 X 170988 0 31951 RYAN BUTT DEAN, COLLEGE OF BUSINESS 40.0 0.0 X 173362 0 16675 2723406 0 365177 118 false true false SODEXO INC AFFILIATES 9801 WASHINGTON BLVD GAITHERSBURG MD 20878 FOOD SERVICES 6681517 WRIGHT CONSTRUCTION 410 SOUTH KILPATRICK AVENUE CHICAGO IL 60644 CONSTRUCTION 6211227 BRE IL OFFICE OWNER LLC 222 S RIVERSIDE PLZ STE 2000 CHICAGO IL 60606 BUILDING RENTAL 928604 EAB 2445 M ST NW WASHINGTON DC 20037 ACADEMIC CONSULTING 915810 FE MORAN 2265 CARLSON DR A NORTHBROOK IL 60062 CONSTRUCTION 620623 5 256416 1646466 7448879 1171956 9351761 STUDENT TUITION AND FEES 611310 143073927 143073927 STUDENT HOUSING 611310 7528061 7528061 STUDENT MEAL PLANS 611310 3900730 3900730 AVIATION SERVICES 611310 587772 587772 CONFERENCING 611310 159377 159377 359733 359733 155609600 1776466 -27739 1804205 0 0 0 0 0 46862006 46835433 46154 26573 -46154 -19581 -19581 149263 256416 233093 -83830 -83830 0 0 0 0 0 0 0 166634416 155609600 -27739 1700794 0 52164574 52164574 0 0 2134132 1913399 187882 32851 0 52012350 46632731 4578996 800623 3151832 2841275 264224 46333 10697178 9952795 648439 95944 3917004 3421905 422327 72772 0 319550 319550 79162 79162 0 66548 66548 8165 8165 12006188 10356142 1269967 380079 997587 933164 64423 5320150 4034573 1257676 27901 590895 448109 139687 3099 0 3835019 3834767 252 1692262 1608260 57017 26985 0 0 3399624 3253341 146283 0 9243735 9199156 36372 8207 1104166 259333 844833 BAD DEBT 955739 955739 OTHER DIRECT EXPENSE 1737386 1524924 209645 2817 DUES AND SUBSCRIPTIONS 445306 390850 53734 722 165878552 153725037 10588634 1564881 X 0 19970 1283033 775504 1340779 1928630 71243443 6550240 0 0 0 0 0 0 0 0 774443 556007 273227733 125443923 147189058 147783810 0 0 77605547 82037605 0 0 0 0 881254 896815 300317557 240548581 12175704 10348000 0 0 66487217 3876923 78253458 76981881 0 0 0 0 0 0 0 0 2647252 6023264 159563631 97230068 X 115349995 116482845 0 0 25403931 26835668 140753926 143318513 300317557 240548581 755864 1808723 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 74417368 2924477 3424920 919199 79847566 69020676 494296 5634962 732566 74417368 55130899 8244845 6395516 750584 69020676 54333581 531982 1066401 801065 55130899 52561305 1496477 958333 682534 54333581 0.72480 0.15690 0.11830 false false 3194808 3194808 191899781 73695672 118204109 53739898 41980095 11759803 24393246 9768156 14625090 147783810 TRUST STOCK FUNDS 11018619 F OTHER INVESTMENTS 345647 F LAND 16445000 F US BANK STOCK FUNDS 51335924 F MAKENA INVESTMENT FUND 2892415 F 82037605 0 LINE OF CREDIT 5054833 STUDENT TUITION AND OTHER DEPOSITS 968431 6023264 116503493 1808723 233093 2041816 114461677 8165 52164574 52172739 166634416 113938906 233093 233093 113705813 8165 52164574 52172739 165878552 SCHEDULE D, PART V, LINE 4 THE UNIVERSITY'S ENDOWMENT FUNDS ARE INTENDED TO PROVIDE SCHOLARSHIPS TO STUDENTS AND SPECIFIC ACADEMIC PROGRAM SUPPORT WHERE THE OPERATING FUNDS ARE NOT AVAILABLE. ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. PART XI & XII LINE 2D FUNDRAISING EXPENSE $ 233,093 LINE 4B STUDENT FINANCIAL AID $52,164,574 true true true true true true true false false false false false false false false true true true SCHEDULE E, PART I, LINE 3 IN ALL PUBLICATIONS USED BY THE UNIVERSITY TO SOLICIT STUDENTS FROM THE COMMUNITY, A NONDISCRIMINATORY POLICY STATEMENT IS INCLUDED. AN EXAMPLE OF THE STATEMENT FOLLOWS; LEWIS UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, RELIGION, HANDICAP OR SEX IN THE RECRUITMENT AND ADMISSION OF STUDENTS. SCHEDULE E, PART I, LINE 6A THE UNIVERSITY RECEIVES GOVERNMENT SUBSIDIES OF RESTRICTED AND UNRESTRICTED NATURE TO BE USED FOR GENERAL INSTITUTIONAL AND SPECIAL EDUCATIONAL PURPOSES. SCHEDULE E, PART I, LINE 6B EFFECTIVE 7/1/1987 THE NURSING STUDENT LOAN (NSL) PROGRAM AT THE UNIVERSITY WAS PLACED IN TERMINATED STATUS BY THE DEPARTMENT OF HEALTH AND HUMAN SERVICES. THIS RESULTED FROM THE SCHOOL NOT REDUCING THE PROGRAM'S DELINQUENCY RATE TO A SPECIFIED LEVEL AS REQUIRED BY PERFORMANCE STANDARD REGULATIONS FOR THE NSL PROGRAM. X X X X X X X true WILSON-BENNETT TECHNOLOGY PHONATHON O false 94411 66548 27863 94411 66548 27863 IL SIGNUM FIDEI 292356 222206 70150 2899 111965 18600 57204 FLYER RED DIN. 37910 24670 13240 16584 364 1 75413 9540 65873 11100 7235 7142 405679 256416 149263 13999 135784 18600 64710 233093 -83830 true SCHOLARSHIPS FOR STUDENTS ATTENDING LEWIS 3287 46875466 TUITION DISCOUNTS FOR STUDENTS ATTENDING LEWIS 1630 5289108 SCHEDULE I, PART I, LINE 2 THE OFFICE OF SPONSORED RESEARCH IS REQUIRED TO REVIEW EACH REQUEST FOR PAYMENT PRIOR TO AUTHORIZATION OF PAYMENT TO A VENDOR OR PURCHASE. FOR FINANCIAL AID RELATED GRANTS THE DIRECTOR OF FINANCIAL AID RECEIVES NOTICES OF AWARD AND AWARDS TO THE STUDENT BASED ON THE STIPULATIONS WITHIN THE GRANT. GRANT FUNDS ARE EACH ASSIGNED THEIR OWN FUND CODE TO ENSURE THAT GRANTS FUNDS ARE TRACKED PROPERLY, P.I.'S AND THE OFFICE OF SPONSORED RESEARCH HAVE ACCESS TO REVIEW EXPENDITURES TO ENSURE THAT ONLY APPROPRIATE COSTS HAVE BEEN CHARGED TO THE GRANT. THE OFFICE OF SPONSORED RESEARCH ALSO HAS WRITTEN PRE AND POST AWARD POLICIES AND GUIDELINES RELATED TO THE GRANTS FUNDS. THE OFFICE OF FINANCIAL AID SERVICES AWARDS FINANCIAL AID IN ACCORDANCE WITH THE HIGHER EDUCATION ACT. FEDERAL AND STATE AWARDING GUIDELINES ARE USED IN AWARDING STUDENT'S FINANCIAL AID. STUDENT ACCOUNTS ARE REVIEWED ON A BI-WEEKLY BASIS TO ENSURE THAT ALL STUDENTS ARE CURRENTLY ENROLLED ACCORDING TO APPROPRIATE GUIDELINES. A QUALITY CONTROL CHECK IS IN PLACE IN THAT A FILE AUDIT IS PERFORMED OF A RANDOM SAMPLE OF FILES TO ENSURE THAT PROPER PROCEDURES ARE BEING FOLLOWED. AN ANNUAL AUDIT IS PERFORMED BY AN OUTSIDE COMPANY TO ENSURE THAT THERE ARE NO GROSS VIOLATIONS OF FEDERAL AND STATE REGULATIONS. X true false X X X false false false false false false false false false DR DAVID LIVINGSTON PRESIDENT 419850 0 0 0 19776 0 14300 0 21097 0 475023 0 DR STEPHANY SCHLACHTER PROVOST - RETIRED 270048 0 0 0 724 0 17770 0 11446 0 299988 0 CAROLYN HEAD SENIOR VICE PRESIDENT/CFO 232788 0 0 0 276 0 15636 0 23097 0 271797 0 DR BONNIE BONDAVALLI DEAN, COLLEGE ARTS & SCIENCES 183174 0 0 0 1174 0 11986 0 8796 0 205130 0 DR KATHERINE HELM-LEWIS PROFESSOR, PSYCHOLOGY 170393 0 0 0 180 0 11444 0 21097 0 203114 0 DR RAMI KHASAWNEH PROFESSOR, MGMT INFO SYSTEMS 162361 0 0 0 276 0 10928 0 21097 0 194662 0 DR RAYMOND KLUMP PROF. COMPUTER/MATH SCIENCES 170808 0 0 0 180 0 10854 0 21097 0 202939 0 RYAN BUTT DEAN, COLLEGE OF BUSINESS 173242 0 0 0 120 0 11401 0 5274 0 190037 0 DR LEROY BUTLER CHIEF INFORMATION OFFICER 171694 0 0 0 120 0 11783 0 23747 0 207344 0 JOSEPH FALESE SENIOR VP FOR STUDENT SERVICES 185565 0 0 0 792 0 12062 0 0 0 198419 0 LUIGI AMENDOLA VP FOR UNIVERSITY ADVANCEMENT 186918 0 0 0 120 0 12697 0 23747 0 223482 0 RAYMOND KENNELLY SENIOR VP FOR ENROLLMENT MGMT 242498 0 0 0 516 0 15842 0 8796 0 267652 0 SCHEDULE J, PART I, LINE 1A INCLUDED IN DR. DAVID LIVINGSTON'S TAXABLE COMPENSATION ARE CAR AND HOUSING ALLOWANCES. STIPULATIONS ARE INCLUDED IN DR. LIVINGSTON'S PRESIDENTIAL CONTRACT REGARDING THESE BENEFITS. A VILLAGE OF ROMEOVILLE WILL COUNTY ILLINOIS 366009349 77615NAV6 2015-03-17 42019072 CONSTRUCTION & RENOVATE FACILITY false false false B VILLAGE OF ROMEOVILLE WILL COUNTY ILLINOIS 366009349 77615NBA1 2018-07-12 41875310 REFUND OF PRIOR ISSUES true false false C VILLAGE OF ROMEOVILLE WILL COUNTY ILLINOIS 366009349 2019-06-14 10605000 REFUND OF PRIOR ISSUES false false false A 3915000 0 42019072 0 493213 0 548859 0 0 22500689 18520000 0 true false true true B 11400000 0 41875310 0 0 0 659910 0 0 675400 40540000 0 2018 true false true true C 0 0 10605000 0 0 0 0 0 0 0 10605000 0 2018 true false true true A false false false false 0 false false false true B false false false false 0 false false false true C false false false false 0 false false false true A false false true true false false 0 false 0 true true B false false true true true false 0 false 0 false true C false true true false true false 0 false 0 false true A true B true C true SCHEDULE K, PART IV, ARBITRAGE, LINE 2C (A). Issuer Name: Village of Romeoville, Will County, Illinois Date the Rebate Computation was Performed: 02/28/2019 (A). Issuer Name: Village of Romeoville, Will County, Illinois Date the Rebate Computation was Performed: 01/12/2019 Part I, Line A, column (f) Construct & renovate facility and refund prior issue (4/26/06). X 10 1171956 QUOTED MARKET PRICE false true false FORM 990, PART VI, SECTION A, LINE 1A DR. DAVID LIVINGSTON IS A COMPENSATED EMPLOYEE OF THE UNIVERSITY AND THEREFORE IS NON-INDEPENDENT. FORM 990, PART VI, SECTION A, LINE 7B THE UNIVERSITY IS SPONSORED BY THE CHRISTIAN BROTHERS OF THE MIDWEST, INC. PURSUANT TO THE SPONSORSHIP COVENANT SIGNED IN AUGUST 2001, THE FOLLOWING SIGNIFICANT LEGAL ASPECTS ARE INCORPORATED INTO THE DOCUMENT: 1. BOARD MEMBERSHIP - 6 MEMBERS ARE TO BE CHRISTIAN BROTHERS 2. RESERVED POWERS FOR THE CHRISTIAN BROTHERS REGARDING: (A) TO SELL, TRANSFER, OR ENCUMBER REAL PROPERTY ASSETS OF THE UNIVERSITY (B) TO DISSOLVE THE CORPORATION OR CLOSE THE UNIVERSITY (C) TO MERGE WITH ANOTHER CORPORATION OR EDUCATIONAL ENTITY (D) TO AMEND THE BY-LAWS OR THE CORPORATE CHARTER OF THE UNIVERSITY (E) TO CHANGE THE CATHOLIC CHARACTER OR THE CHRISTIAN BROTHERS' SPONSORSHIP OF THE UNIVERSITY (F) TO CHANGE THE REQUIREMENTS OF HAVING A CHRISTIAN BROTHER AS PRESIDENT OF THE UNIVERSITY 3. IT IS PREFERRED THAT THE PRESIDENT OF THE UNIVERSITY SHALL BE A CHRISTIAN BROTHER, PRESUMING HE IS EQUALLY OR MORE QUALIFIED THAN OTHER CANDIDATES, UNLESS THE BOARD OF TRUSTEES, WITH THE CONCURRENCE OF THE PROVINCIAL OF THE CHRISTIAN BROTHERS, DETERMINES THAT NO QUALIFIED CHRISTIAN BROTHER IS AVAILABLE TO SERVE IN THIS CAPACITY. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD REVIEWS THE DRAFT OF THE 990 DURING THE APPLICABLE BOARD MEETING. THE DOCUMENT IS LOADED ONE WEEK PRIOR TO THE DATE OF THE BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST FORMS COMPLETED BY THE BOARD OF TRUSTEE MEMBERS, THE ADMINISTRATION AND OTHERS INVOLVED IN PROVIDING GOODS AND SERVICES FOR THE UNIVERSITY ARE REVIEWED BY PURCHASING AND BUSINESS OFFICE PERSONNEL AS WELL AS SENIOR MANAGEMENT. SEVERAL LEVELS OF REVIEW ARE ESTABLISHED TO DETECT CONFLICT OF INTEREST SITUATIONS BEFORE CONTRACTUAL RELATIONSHIPS ARE ENTERED INTO. IN ADDITION, BOARD OF TRUSTEE CONFLICT OF INTEREST FORMS ARE REVIEWED BY THE AUDIT COMMITTEE CHAIR. FORM 990, PART VI, SECTION B, LINE 15A IN DETERMINING THE COMPENSATION FOR THE PRESIDENT OF THE UNIVERSITY, THE BOARD SEEKS TO PROVIDE COMPENSATION TO THE PRESIDENT WHICH IS FAIR AND REASONABLE AND BASED UPON PERFORMANCE COMMITMENT AND AVAILABLE RESOURCES. THE AMOUNT OF COMPENSATION SHOULD GENERALLY BE WITHIN THE RANGE OF PEER AND AREA SCHOOLS. IN DETERMINING COMPENSATION, A COMPENSATION COMMITTEE COMPRISED OF THE CHAIR AND VICE CHAIR OF THE BOARD OF TRUSTEES AND THE BOARD TREASURER REVIEW IN DETAIL COMPENSATION INFORMATION CONTAINED IN PEER AND AREA SCHOOLS ON THEIR RESPECTIVE IRS FORM 990 AS WELL AS CHRONICLE OF HIGHER EDUCATION EXECUTIVE COMPENSATION SURVEY RESULTS. THE COMPENSATION COMMITTEE THEN PREPARES RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES WHO MAKE THE FINAL DETERMINATION REGARDING COMPENSATION OF THE PRESIDENT. THE COMPENSATION COMMITTEE ALSO IS AVAILABLE TO ADDRESS OTHER COMPENSATION MATTERS AS REQUESTED BY THE PRESIDENT. FORM 990, PART VI, SECTION B, LINE 15B THE UNIVERSITY CONTRACTED WITH AN OUTSIDE FIRM IN JULY 2017, TO STUDY AND AID IN THE DETERMINATION OF EXECUTIVE PAY. THE COMPENSATION COMMITTEE MAINTAINS MINUTES OF ITS SALARY DELIBERATIONS AND DECISIONS. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE UPON REQUEST TO THE VICE PRESIDENT/CHIEF FINANCIAL OFFICER. FORM 990, PART X DURING 2018, THE UNIVERSITY ADOPTED THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARD UPDATE (ASU) 2016-14, NOT-FOR-PROFIT ENTITIES(TOPIC 958): PRESENTATION OF FINANCIAL STATEMENTS OF NOT-FOR-PROFIT ENTITIES. THIS CHANGE HAD NO IMPACT ON PREVIOUSLY REPORTED TOTAL CHANGE IN NET ASSETS. THE STATEMENT OF FINANCIAL POSITION DISTINGUISHES BETWEEN TWO NEW CLASSES OF NET ASSETS - THOSE WITH DONOR-IMPOSED RESTRICTIONS AND THOSE WITHOUT. THIS IS A CHANGE FROM THE PREVIOUSLY REQUIRED THREE CLASSES OF NET ASSETS UNRESTRICTED, TEMPORARILY RESTRICTED AND PERMANENTLY RESTRICTED. THE CHANGE IS ALSO REFLECTED ON THE PRIOR YEAR COLUMN OF PART X. LEWIS UNIVERSITY ENDOWMENT FUND INC ONE UNIVERSITY PARKWAY ROMEOVILLE IL 60441 510183519 DORMANT ORG IL 501(C)3 12 false false false false false false false false false false false false false false false false false false false false