2020-04-14T15:01:37-05:00 2019-05-31 KPMG LLP 8350 Broad Street Suite 900 McLean VA 22102 990 2018-06-01 520591623 Loyola University Maryland Inc % JOHN COPPOLA LOYO 4106172917 4501 N Charles Street Baltimore MD 212102699 RANDALL D GENTZLER VP FOR FIN/ADMN/TRSR 4106172917 2020-04-14 true RAYMOND LY P01205643 7032868000 2020-04-08 167.68.102.5 54028020201055000003 2020-04-14 P 437FD9E75D0ED3EE070F860B57C49499AC19328C EB2737A96B8F377BD085BED9F3BA68158C374A96 2018 2021-01-29 14:40:06Z RANDALL D GENTZLER 4501 N Charles Street Baltimore MD 212102699 359860859 false X WWW.LOYOLA.EDU X 1853 MD LOYOLA UNIVERSITY MARYLAND INC IS A JESUIT CATHOLIC UNIVERSITY COMMITTED TO THE EDUCATIONAL TRADITIONS OF THE SOCIETY OF JESUS AND THE DEVELOPMENT OF THE WHOLE PERSON. 33 33 3673 0 -402172 0 23462404 22108663 267293465 269485862 11626503 14684376 4056043 2215221 306438415 308494122 82649318 87019830 0 0 109200364 119651015 195873 5271 5627674 95028066 92752836 287073621 299428952 19364794 9065170 666551032 674489171 164652924 171931909 501898108 502557262 X LOYOLA UNIVERSITY MARYLAND INC IS A JESUIT CATHOLIC UNIVERSITY COMMITTED TO THE EDUCATIONAL AND SPIRITUAL TRADITIONS OF THE SOCIETY OF JESUS AND TO THE IDEALS OF LIBERAL EDUCATION AND THE DEVELOPMENT OF THE WHOLE PERSON. 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4106172917 4501 N CHARLES STREET BALTIMORE MD 212102699 X BRIAN F LINNANE SJ TRUSTEE & PRESIDENT 50.0 0.0 X X 0 0 20560 RONAL J AMIOT SJ TRUSTEE 0.5 0.0 X 0 0 0 KENNETH F BOEHL TRUSTEE 0.5 0.0 X 0 0 0 CHARMAINE BONDOC TRUSTEE 0.5 0.0 X 0 0 0 ANTHEA BUTLER TRUSTEE 0.5 0.0 X 0 0 0 JOSEPH E CARNEY TRUSTEE 0.5 0.0 X 0 0 0 ROBERT CAWLEY TRUSTEE 0.5 0.0 X 0 0 0 JOSEPH COSTANTINO SJ TRUSTEE 0.5 0.0 X 0 0 0 CIANA CREIGHTON TRUSTEE 0.5 0.0 X 0 0 0 ANTHONY I DAY TRUSTEE 0.5 0.0 X 0 0 0 JOHN M DENNIS SJ TRUSTEE 0.5 0.0 X 0 0 0 SUSAN M DONOVAN TRUSTEE 0.5 0.0 X 0 0 0 PAUL G EIBELER TRUSTEE 0.5 0.0 X 0 0 0 SHARON A EUART RSM TRUSTEE 0.5 0.0 X 0 0 0 DAVID L FERGUSON TRUSTEE 0.5 0.0 X 0 0 0 MIKE B FERNANDEZ TRUSTEE 0.5 0.0 X 0 0 0 JAMES D FORBES TRUSTEE 0.5 0.0 X 0 0 0 CARRIE FOX TRUSTEE 0.5 0.0 X 0 0 0 J RICHARD FREDERICKS TRUSTEE 0.5 0.0 X 0 0 0 GREGORY J GAILIUS TRUSTEE 0.5 0.0 X 0 0 0 KEVIN GILLEPSIE SJ TRUSTEE 0.5 0.0 X 0 0 0 ELAINE GRILLO TRUSTEE 0.5 0.0 X 0 0 0 H EDWARD HANWAY TRUSTEE 0.5 0.0 X 0 0 0 GERARD E HOLTHAUS TRUSTEE 0.5 0.0 X 0 0 0 ROSEMARY M JURAS TRUSTEE 0.5 0.0 X 0 0 0 JAMES F KEENAN SJ TRUSTEE 0.5 0.0 X 0 0 0 GREGORY KELLY TRUSTEE 0.5 0.0 X 0 0 0 JAMES J LATCHFORD TRUSTEE 0.5 0.0 X 0 0 0 JJ MATTHEWS TRUSTEE 0.5 0.0 X 0 0 0 DAVID METZGER TRUSTEE 0.5 0.0 X 0 0 0 MARK W MULLIN TRUSTEE 0.5 0.0 X 0 0 0 JEFFREY A NATTANS TRUSTEE 0.5 0.0 X 0 0 0 KAREN P PHILIPPOU TRUSTEE 0.5 0.0 X 0 0 0 DANIEL RIZZO TRUSTEE 0.5 0.0 X 0 0 0 MAURA RYAN TRUSTEE 0.5 0.0 X 0 0 0 JAMES S SKESAVAGE JR TRUSTEE 0.5 0.0 X 0 0 0 ARUN SUBHAS TRUSTEE 0.5 0.0 X 0 0 0 ROBERT TROSSET TRUSTEE 0.5 0.0 X 0 0 0 ROGER WAESCHE TRUSTEE 0.5 0.0 X 0 0 0 CURTIS WILSON TRUSTEE 0.5 0.0 X 0 0 0 JOHN A WOLF TRUSTEE 0.5 0.0 X 0 0 0 DONELDA A COOK VICE PRESIDENT 50.0 0.0 X 205301 0 25974 RANDALL D GENTZLER VICE PRESIDENT 50.0 0.0 X 313411 0 37485 ROBERT D KELLY VICE PRESIDENT 50.0 0.0 X 218491 0 31175 MARK L LINDENMEYER VICE PRESIDENT 50.0 0.0 X 196635 0 24718 TERRENCE M SAWYER VICE PRESIDENT 50.0 0.0 X 339862 0 42633 AMANDA M THOMAS VICE PRESIDENT 50.0 0.0 X 242360 0 40261 AMY WOLFSON PROFESSOR/FORMER VP 50.0 0.0 X 207046 0 31804 STEPHEN E FOWL DEAN 50.0 0.0 X 180150 0 29189 KATHLEEN A GETZ DEAN 50.0 0.0 X 321346 0 37786 JOSHUA S SMITH DEAN 50.0 0.0 X 188825 0 35045 TAVARAS HARDY HEAD COACH MEN'S BASKETBALL 50.0 0.0 X 213566 0 14150 JOSEPH LOGAN HEAD COACH WOMEN'S BASKETBALL 50.0 0.0 X 218673 0 37666 CHARLES TOOMEY HEAD COACH MEN'S LACROSSE 50.0 0.0 X 286643 0 44203 BOBBY WALDRUP ASSOCIATE DEAN 50.0 0.0 X 204356 0 36048 DONNA WOODRUFF DIRECTOR OF ATHLETICS 50.0 0.0 X 271037 0 33522 KARYL LEGGIO PROFESSOR/ FORMER DEAN 50.0 0.0 X 230607 0 34085 3838309 0 556304 171 true true false Parkhurst Dining PO Box 644091 PITTSBURGH PA 15264 Food Svc Operations 16697766 Whiting-Turner Contracting PO Box 17596 BALTIMORE MD 21297 construction 4103368 Riparius Construction Inc 25 Schilling Road HUNT VALLEY MD 21031 construction 2466178 Merritt Properties LLC 2066 Lord Baltimore Drive BALTIMORE MD 21244 Property Mgmt / Rent 1937107 Johnson Controls PO Box 730068 DALLAS TX 75373 HVAC Maintenance 1268256 81 145573 9829697 12133393 3602585 22108663 TUITION AND FEES 900099 211244571 211244571 RESIDENCE, FOOD SERVICE, TELEPHONE 900099 52561731 52561731 SPECIAL EDUCATION PROGRAMS 900099 668164 668164 ID CARDS, ORIENTATION, PARKING 900099 1039360 1039360 ATHLETICS, CONFERENCES, OTHER AUX 900099 2658491 708318 33093 1917080 1313545 1313545 269485862 7390575 -435265 7825840 0 72615 72615 782637 782637 0 782637 782637 58374888 51081087 7293801 7293801 7293801 299100 145573 285650 13450 13450 0 0 0 0 0 0 MISCELLANEOUS 901009 1346519 1346519 1346519 308494122 268882208 -402172 17905423 0 86370875 86370875 648955 648955 0 3501368 2312533 920175 268660 0 92576274 76392134 13363563 2820577 6222204 4374691 1660794 186719 11443352 8044645 3028705 370002 5907817 4582172 1120314 205331 0 422134 422134 182000 182000 30000 30000 5271 5271 1379194 1379194 26244211 20848703 5355313 40195 1984801 1271280 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These lobbying activities are typically performed in state and local venues, but may escalate in certain situations to the federal level. These activities to do not constitute a significant portion of the Universitys activities. 9950 96398 X false false 228151432 4229803 4224500 2889242 7707814 1379194 224629485 214865828 6801423 18044051 2669955 7562145 1327770 228151432 192806133 7291690 25413645 2203376 7127978 1314286 214865828 206254056 4159704 -7038377 2346002 7342971 880277 192806133 197928831 5619386 12237711 2083845 6612859 835168 206254056 0.50050 0.49950 false false 26989273 26989273 428666492 162695439 265971053 38452053 36548988 1903065 15900298 1110283 14790015 309653406 HEDGE FDS: MULTI-STRATEGY FDS 11217244 F HEDGE FDS: NONAGENCY RES MBS 9322333 F HEDGE FDS: LONG/SHORT 29689299 F PRIVATE EQUITY 42051156 F EQUITY FUNDS 37515316 F PUBLIC GLOBAL REAL ESTATE 7303054 F OTHER 3627840 F 140726242 0 SWAP LIABILITY 2115640 ASSET RETIREMENT OBLIGATION 2948651 PERKINS LOAN FUND 2623220 ANNUITY LIABILITY 372313 POOLED INCOME LIABILITY 6680 OTHER LIABILITIES 0 8066504 X 212696486 -7684262 -7684262 220380748 1379194 86734180 88113374 308494122 211315578 285650 285650 211029928 1379194 87019830 88399024 299428952 SCHEDULE D PART V LINE 4 THE UNIVERSITY'S ENDOWMENT FUND HELPS PROVIDE AFFORDABLE EDUCATION TO STUDENTS BY PROVIDING FUNDS FOR FINANCIAL AID AND BY SUPPORTING THE OPERATIONS OF THE UNIVERSITY. SCHEDULE D PART X LINE 2 THE UNIVERSITY IS QUALIFIED AS A NOT-FOR-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED. ACCORDINGLY, THE UNIVERSITY IS NOT SUBJECT TO INCOME TAXES EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. NO PROVISION FOR INCOME TAXES WAS REQUIRED FOR FISCAL YEARS 2019 OR 2018. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE UNIVERSITY AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE UNIVERSITY HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE UNIVERSITY, AND HAS CONCLUDED THAT AS OF MAY 31, 2019, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE UNIVERSITY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; THERE ARE CURRENTLY NO TAX AUDITS OF THE FINANCIAL STATEMENTS FOR ANY TAX PERIODS IN PROGRESS. SCHEDULE D, PART XI, LINE 4B FINANCIAL AID 87,019,830 DIRECT FUNDRAISING EXPENSES (285,650) -------------------- 86,734,180 FORM SCH D PART XII LINE 2D DIRECT FUNDRAISING EXPENSE 285,650 FORM SCH D PART XII LINE 4B FINANCIAL AID EXPENSE 87,019,830 true true true true true true true false false false false false false false false true false true SCHEDULE E LINE 3 LOYOLA UNIVERSITY MARYLAND DOES NOT DISCRIMINATE ON THE BASIS OF RACE, SEX, COLOR, NATIONAL OR ETHNIC ORIGIN, AGE, RELIGION, DISABILITY, MARITAL STATUS, SEXUAL ORIENTATION, GENETIC INFORMATION, MILITARY STATUS, OR ANY OTHER LEGALLY PROTECTED CLASSIFICATION IN THE ADMINISTRATION OF ANY OF ITS EDUCATIONAL PROGRAMS AND ACTIVITIES OR WITH RESPECT TO ADMISSION OR EMPLOYMENT. THE DESIGNATED COMPLIANCE OFFICER TO ENSURE COMPLIANCE WITH TITLE IX OF THE EDUCATION AMENDMENTS OF 1972, AS AMENDED, IS KATHLEEN PARNELL, ASSOCIATE VICE PRESIDENT FOR HUMAN RESOURCES, 5000 YORK ROAD, ROOM 204, 410-617-2354. THE COORDINATOR TO ENSURE COMPLIANCE WITH SECTION 504 OF THE REHABILITATION ACT OF 1973, AS AMENDED, IS KATHLEEN PARNELL, ASSOCIATE VICE PRESIDENT FOR HUMAN RESOURCES, 5000 YORK ROAD, ROOM 204, 410-617-2354. LOYOLA UNIVERSITY MARYLAND IS AUTHORIZED UNDER FEDERAL LAW TO ENROLL NON-IMMIGRANT, ALIEN STUDENTS. THIS PUBLICATION DOES NOT CONSTITUTE AN EXPRESSED OR IMPLIED CONTRACT. LOYOLA RESERVES THE RIGHT TO AMEND OR RESCIND THIS PUBLICATION AT ANY TIME. true Central America and the Caribbean Investments 45709231 East Asia and the Pacific 2 Program Services International Studies 1116534 Europe (Including Iceland and Greenland) 2 5 Program Services International Studies 5569830 Middle East and North Africa Program Services International Studies 89192 Sub-Saharan Africa Program Services International Studies 175270 Central America and the Caribbean Program Services Financial Aid 1920 East Asia and the Pacific Program Services Financial Aid 68445 Europe (Including Iceland and Greenland) Program Services Financial Aid 210831 Middle East and North Africa Program Services Financial Aid 64800 North America Program Services Financial Aid 65046 Russia and the Newly Independent States Program Services Financial Aid 58198 South Asia Program Services Financial Aid 74122 Sub-Saharan Africa Program Services Financial Aid 105593 2 7 2 7 53309012 53309012 Financial Assistance Central America and the Caribbean 1 1920 FIN AID FMV Financial Assistance East Asia and the Pacific 1 68445 FIN AID FMV Financial Assistance Europe (Including Iceland and Greenland) 4 210831 FIN AID FMV Financial Assistance Middle East and North Africa 3 64800 FIN AID FMV Financial Assistance North America 3 65046 FIN AID FMV Financial Assistance Russia and the Newly Independent States 2 58198 FIN AID FMV Financial Assistance South Asia 4 74122 FIN AID FMV Financial Assistance Sub-Saharan Africa 3 105593 FIN AID FMV true false true true true false SCHEDULE F PART I LINE 2 ALL FINANCIAL AID IS APPLIED DIRECTLY TO THE STUDENTS' OUTSTANDING RECEIVABLE BALANCES. NO CASH IS PHYSICALLY TRANSMITTED. CREDIT BALANCES THAT RESULT FROM FEDERAL STUDENT AND PARENT LOAN PROCEEDS ARE DISTRIBUTED TO THE BORROWER WITHIN THE SPECIFIED TIME FRAME REQUIRED BY THE REGULATIONS GOVERNING THESE PROGRAMS. ELIGIBILITY FOR NEED-BASED GRANTS, LOANS, AND WORK-STUDY FORMS OF FEDERAL STUDENT AID IS DETERMINED USING THE RESULTS OF THE FEDERAL METHODOLOGY NEED ANALYSIS FORMULA. STUDENT AID AWARDED FROM BOTH FEDERAL AND INSTITUTIONAL SOURCES ARE MONITORED CONTINUOUSLY THROUGHOUT THE FISCAL YEAR USING VARIOUS BUDGET STATUS REPORTS, STUDENT ACCOUNT STATUS REPORTS, AND DEFERRAL AND INSTITUTIONAL PROGRAM RECONCILIATION REPORTS. X X X X X X X true Grenzebach Glier Assoc 200 South Michigan Avenue Suite 2100 CHICAGO IL 60604 ADVISORY false 5271 5271 AL AK CA CO CT DC FL GA HI IL KS KY LA ME MD MA MI MN MS NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI Busines Leader 263000 94728 168272 117624 49885 GOLF INVITAT'L 166850 50845 116005 36375 60166 1474 1 14823 14823 792 18994 340 444673 145573 299100 37167 79160 117624 51699 285650 13450 true Financial Assistance 3788 86370875 FMV FIN AID SCHEDULE I, PART I, LINE 2 GRANTS AND OTHER ASSISTANCE TO INDIVIDUALS IN THE UNITED STATES: ALL FINANCIAL AID IS APPLIED DIRECTLY TO THE STUDENTS' OUTSTANDING RECEIVABLE BALANCE. NO CASH IS PHYSICALLY TRANSMITTED. CREDIT BALANCES THAT RESULT FROM FEDERAL STUDENT AND PARENT LOAN PROCEEDS ARE DISTRIBUTED TO THE BORROWER WITHIN THE SPECIFIED TIME FRAME REQUIRED BY THE REGULATIONS GOVERNING THESE PROGRAMS. ELIGIBILITY FOR NEED-BASED GRANTS, LOANS, AND WORK-STUDY FORMS OF FEDERAL STUDENT AID IS DETERMINED USING THE RESULTS OF THE FEDERAL METHODOLOGY NEED ANALYSIS FORMULA. STUDENT AID AWARDED FROM BOTH FEDERAL AND INSTITUTIONAL SOURCES ARE MONITORED CONTINUOUSLY THROUGHOUT THE FISCAL YEAR USING VARIOUS BUDGET STATUS REPORTS, STUDENT ACCOUNT STATUS REPORTS, AND DEFERRAL AND INSTITUTIONAL PROGRAM RECONCILIATION REPORTS. X X true true false false false false false false false false false DONELDA A COOK VICE PRESIDENT 205301 0 0 0 0 0 18812 0 7162 0 231275 0 0 0 RANDALL D GENTZLER VICE PRESIDENT 310107 0 0 0 3304 0 25148 0 12337 0 350896 0 0 0 ROBERT D KELLY VICE PRESIDENT 218491 0 0 0 0 0 20250 0 10925 0 249666 0 0 0 MARK L LINDENMEYER VICE PRESIDENT 196635 0 0 0 0 0 17822 0 6896 0 221353 0 0 0 TERRENCE M SAWYER VICE PRESIDENT 296408 0 36982 0 6472 0 25169 0 17464 0 382495 0 0 0 AMANDA M THOMAS VICE PRESIDENT 242360 0 0 0 0 0 22797 0 17464 0 282621 0 0 0 AMY WOLFSON PROFESSOR/FORMER VP 206546 0 500 0 0 0 19539 0 12265 0 238850 0 0 0 STEPHEN E FOWL DEAN 180050 0 100 0 0 0 16985 0 12204 0 209339 0 0 0 KATHLEEN A GETZ DEAN 321346 0 0 0 0 0 25443 0 12343 0 359132 0 0 0 JOSHUA S SMITH DEAN 188825 0 0 0 0 0 17977 0 17068 0 223870 0 0 0 TAVARAS HARDY HEAD COACH MEN'S BASKETBALL 203284 0 0 0 10282 0 0 0 14150 0 227716 0 0 0 JOSEPH LOGAN HEAD COACH WOMEN'S BASKETBALL 204080 0 10000 0 4593 0 19440 0 18226 0 256339 0 0 0 CHARLES TOOMEY HEAD COACH MEN'S LACROSSE 278241 0 5500 0 2902 0 25875 0 18328 0 330846 0 0 0 BOBBY WALDRUP ASSOCIATE DEAN 194356 0 10000 0 0 0 18667 0 17381 0 240404 0 0 0 DONNA WOODRUFF DIRECTOR OF ATHLETICS 244628 0 15000 0 11409 0 19800 0 13722 0 304559 0 0 0 KARYL LEGGIO PROFESSOR/ FORMER DEAN 228857 0 1750 0 0 0 21086 0 12999 0 264692 0 0 0 PART I LINE 1 Health or Social Club Dues: The following individuals received memberships in local country clubs or social clubs as part of their job duties with the University: Fr Brian F Linnane SJ, Marc Camille, Terrence Sawyer, and Randall Gentzler. The University tracks usage of these clubs and reports personal use as taxable income on the employees' W-2. Housing: FR BRIAN F LINNANE SJ HAS TAKEN A VOW OF POVERTY AND DOES NOT RECEIVE A W-2 FOR HIS SERVICES TO THE UNIVERSITY. IN ADDITION, FR LINNANE RECEIVED HOUSING FROM THE UNIVERSITY DURING THE YEAR ENDED MAY 31, 2019 IN ORDER TO FULFILL THE OBLIGATION OF THE SOCIETY OF JESUS TO PROVIDE HOUSING FOR FATHER LINNANE. A MD HEALTH AND HIGHER EDUC FACILITIES AUTHORITY 520936091 574218JJ3 2012-06-07 53943256 2012A-REFUNDING false false false B MD HEALTH AND HIGHER EDUC FACILITIES AUTHORITY 520936091 574218RY1 2014-10-30 63876116 2014-REFUNDING false false false C MD HEALTH AND HIGHER EDUC FACILITIES AUTHORITY 520936091 2014-12-03 11052025 2012B-2014 PARTIAL REISSUANCE false false false D MD HEALTH AND HIGHER EDUC FACILITIES AUTHORITY 520936091 2014-12-03 17882975 2012B-2014 PARTIAL REISSUANCE false false false A 12835000 0 53943256 0 0 0 498916 0 0 0 53444340 0 2009 true false true true B 0 0 63876116 0 0 0 567776 0 0 0 63308340 0 2006 false true true true C 1056120 0 11052025 0 0 0 0 0 0 0 11052025 0 1999 true false true true D 1708879 0 17882975 0 0 0 0 0 0 0 17882975 0 1999 true false true true A false false true true false 0 false false false true B false false true true false 0 false false false false C 0 D 0 A false false false true false false 0 false 0 false true B false true false false false false 0 false 0 false true C false true false false true true WELLSFARGO 11.83 false false false 0 false true D false true false false true true WELLSFARGO 11.83 false false false 0 false true A true B true C true D true SCHEDULE K, PART I, ROW A, COLUMN F: 2012A - REFUNDING - ISSUES DATED 09/17/2008, 12/04/2007, AND 6/23/1999 SCHEDULE K, PART I, ROW B, COLUMN F: 2014 - REFUNDING OF ISSUE DATED 1/04/2006 SCHEDULE K, PART I, ROW C, COLUMN F: 2012B - 2014 REISSUANCE OF PORTION OF ISSUE DATE 6/26/2012 SCHEDULE K, PART I, ROW D, COLUMN F: 2012B - 2014 REISSUANCE OF PORTION OF ISSUE DATE 6/26/2012 SCHEDULE K, PART I, ROW C AND D: PURSUANT TO SECTIONS 1.141-13(D), 1.148-9(H) AND 1.150-1(C)(3) OF THE INCOME TAX REGULATIONS, THE ISSUER ELECTED TO TREAT THE 12/03/2014 BONDS AS TWO SEPARATE ISSUES AND FILED A SEPARATE FORM 8038 FOR EACH OF THE ISSUES. SCHEDULE K, PART II, ROW C AND D: The 2012B has had principal payments to date of 6,425,000. For purposes of reporting on Schedule K the principal payments have been divided proportionately between the two portions of the 2012B based on issue price. SCHEDULE K, PART II, COLUMN A, B, C, AND D, LINE 11: THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW. SCHEDULE K, PART III, COLUMN C AND D: THIS BOND ISSUE RELATES TO REFUNDING OF PRE 12/31/2002 ISSUES. THE BOND ISSUE REFUNDED A 2008 ISSUE WHICH, THROUGH A SERIES OR REFUNDINGS, REFUNDED THE SERIES 1996 AND 1985 BONDS; THE ISSUE IS THEREFORE EXEMPT FROM REPORTING ON PART III OF SCHEDULE K. SCHEDULE K, PART IV, COLUMN A: A REBATE CALCULATION WAS PERFORMED ON JANUARY 24, 2017 WITH NO REBATE LIABILITY BEING DUE. 95040 FINANCIAL AID Andrew Futterman Spouse of Former Officer 124660 Employment/Compensation false Yun-Dih Chia-Smith Spouse of Key Employee 53913 Employment/Compensation false X 2 9950 FMV X 28 1889837 FMV X 1 1700000 Appraisal X Miscellaneous 2 2798 FMV 0 false true false FORM 990, PART VI, LINE 11B PRIOR TO FILING, THE FORM 990 IS REVIEWED BY THE VICE PRESIDENT FOR FINANCE AND AN INDEPENDENT TAX ACCOUNTANT AT KPMG. ALL MEMBERS OF THE BOARD OF TRUSTEES ARE PROVIDED AN ELECTRONIC COPY OF THE COMPLETE FORM. THE FORM IS FILED AFTER ALL COMMENTS FROM THE BOARD OF TRUSTEES ARE ADDRESSED. FORM 990, PART VI, LINE 12C EACH BOARD MEMBER IS REQUIRED TO COMPLETE AND FILE WITH THE SECRETARY OF THE UNIVERSITY, ON OR BEFORE SEPTEMBER 1 OF EACH YEAR, INFORMATION ABOUT POSSIBLE BENEFICIAL OR ADVERSE INTERESTS AFFECTING LOYOLA UNIVERSITY MARYLAND, INCLUDING INTERESTS OF IMMEDIATE FAMILY MEMBERS AND ORGANIZATIONS IN WHICH THE BOARD MEMBER (OR MEMBER OF HIS OR HER FAMILY) HAS A SIGNIFICANT MANAGEMENT FUNCTION OR SIGNIFICANT OWNERSHIP INTEREST. UNIVERSITY ADMINISTRATORS ARE REQUIRED TO ACT IN WAYS CONSISTENT WITH THEIR FIDUCIARY RESPONSIBILITIES TO THE UNIVERSITY. IF A UNIVERSITY ADMINISTRATOR BELIEVES THAT HE OR SHE MAY HAVE A CONFLICT OF INTEREST, THE ADMINISTRATOR SHALL PROMPTLY FULLY DISCLOSE THE CONFLICT TO THE PRESIDENT OF THE UNIVERSITY AND SHALL REFRAIN FROM PARTICIPATION IN ANY WAY IN THE MATTER TO WHICH THE CONFLICT RELATES UNTIL THE QUESTION HAS BEEN RESOLVED. THE PRESIDENT SHALL CONSULT WITH UNIVERSITY COUNSEL REGARDING ALL CONFLICT QUESTIONS OF WHICH HE IS INFORMED AND SHALL REPORT REGULARLY TO THE BOARD OF TRUSTEES ANY UNRESOLVED CONFLICT QUESTIONS. FORM 990, PART VI, LINE 15A FATHER BRIAN F LINNANE SJ HAS TAKEN A VOW OF POVERTY AND DOES NOT RECEIVE A W-2 FOR HIS SERVICES TO THE UNIVERSITY. FORM 990, PART VI, LINE 15B FOR OFFICERS OTHER THAN THE PRESIDENT AND FOR KEY EMPLOYEES, AN INDEPENDENT SEARCH CONSULTANT WAS RETAINED FOR EACH SEARCH. SALARY DATA OF COMPARABLE AJCU (ASSOCIATION OF JESUIT COLLEGES AND UNIVERSITIES) INSTITUTIONS WAS USED IN THE DETERMINATION OF THE SALARY RANGE. THE INDEPENDENT SEARCH CONSULTANT ASSISTED WITH THE SETTING OF AN APPROPRIATE SALARY, WITH CONSIDERATION TO THE POSITION RESPONSIBILITIES AND THE MARKET. THE ORGANIZATION AND EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR SETTING SENIOR ADMINISTRATION'S ANNUAL COMPENSATION. SALARIES ARE REVIEWED BASED UPON JOB ANALYSIS, MARKET CONDITIONS, AND PERFORMANCE. RECORDS OF THE MEETINGS ARE MAINTAINED BY THE ASSISTANT SECRETARY OF THE BOARD. FORM 990, PART VI, LINE 19 THE AUDITED FINANCIAL STATEMENTS AND THE FORM 990 ARE ON THE UNIVERSITY'S EXTERNAL WEBSITE. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PART XI, LINE 9 Other changes in NET ASSETS OR FUND BALANCES CHANGE IN FAIR VALUE OF SPLIT INTEREST AGREEMENTS $ (478,526) CHANGE IN FAIR VALUE OF SWAP $ (243,228) -------------- TOTAL $ (721,754) THE LOYOLA NOTRE DAME LIBRARY INC 200 WINSTON AVENUE BALTIMORE MD 21212 520881396 LIBRARY MD 501(c)(3) 509A3III-FI NA false POOLED INCOME FUND -1 4501 N CHARLES STREET BALTIMORE MD 21210 POOLED INCOME FD MD NA TRUST false true false false false false false false false false false false false false false true true true false THE LOYOLA NOTRE DAME LIBRARY INC r 4040706 FMV