2019-04-12T17:27:43-05:00 2018-05-31 910189318 MOSS ADAMS LLP PO BOX 22650 YAKIMA WA 989072650 990 2017-06-01 910565571 PACIFIC LUTHERAN UNIVERSITY PACI 2535357119 12180 PARK AVE S TACOMA WA 98447 ALLAN BELTON ACTING PRESIDENT 2535357119 2019-04-11 1 COLLEEN RAMIRES P01251320 5092487750 2019-04-11 12.129.7.100 2019-04-11 15:29:03 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 21D6D88AA253EBC443F9931C9F869B6318C08854 2017 2019-02-21 02:37:17Z NA ALLAN BELTON 12180 PARK AVE S TACOMA WA 98447 205106869 0 X WWW.PLU.EDU X 1920 WA PACIFIC LUTHERAN UNIVERSITY PURPOSEFULLY INTEGRATES THE LIBERAL ARTS, PROFESSIONAL STUDIES AND CIVIC ENGAGEMENT THROUGH DISTINCTIVE INTERNATIONAL PROGRAMS AND FACULTY MENTORED RESEARCH OPPORTUNITIES. 31 30 2636 2216 333879 -182221 10557005 10034694 131541704 135531691 10955575 4796797 239690 138970 153293974 150502152 54251203 58107699 0 0 61457642 59595406 0 0 2758530 34927547 33468396 150636392 151171501 2657582 -669349 250076705 250294715 85844155 83905781 164232550 166388934 X PLU SEEKS TO EDUCATE STUDENTS FOR LIVES OF THOUGHTFUL INQUIRY, SERVICE, LEADERSHIP AND CARE - FOR OTHER PEOPLE, FOR THE COMMUNITY AND FOR THE EARTH. 0 0 92218199 58107699 118206999 ACADEMIC INSTRUCTION: PLU OFFERS 44 MAJORS AND 54 MINORS, AS WELL AS GRADUATE AND PROFESSIONAL PROGRAMS IN BUSINESS (FINANCE, MARKETING RESEARCH, AND BUSINESS ADMINISTRATION), CREATIVE WRITING, EDUCATION, MARRIAGE AND FAMILY THERAPY, AND NURSING. THE UNIVERSITY HELPS MORE THAN 3,100 STUDENTS FROM ALL FAITHS AND BACKGROUNDS DISCERN THEIR VOCATIONS THROUGH COURSEWORK, MENTORSHIP AND INTERNSHIPS AT WORLD-CLASS PUGET SOUND-AREA BUSINESSES AND INSTITUTIONS. PLU SEEKS STUDENTS FROM EVERY POSSIBLE BACKGROUND, ALL RELIGIONS, ALL RACES, ALLSOCIOECONOMIC GROUPS, ALL SEXUAL ORIENTATIONS, FROM ALL OVER THE WORLD. FOR THE 2017-18 ACADEMIC YEAR, 42 PERCENT OF INCOMING FIRST-YEAR STUDENTS ARE "FIRST GENERATION," COMING FROM FAMILIES WHERE NEITHER NATURAL NOR ADOPTIVE PARENTS RECEIVED A BACCALAUREATE DEGREE; 37.8 PERCENT SELF-IDENTIFY AS STUDENTS OF COLOR; AND 31.8 PERCENT ARE PELL GRANT-ELIGIBLE. THE FIRST AMERICAN UNIVERSITY TO HAVE STUDY AWAY CLASSES ON ALL SEVEN CONTINENTS SIMULTANEOUSLY, PLU ALSO IS THE FIRST PRIVATE UNIVERSITY ON THE WEST COAST TO RECEIVE THE PRESTIGIOUS SENATOR PAUL SIMON AWARD FOR CAMPUS INTERNATIONALIZATION. PLU HOSTS AN EMMY AWARD-WINNING MEDIALAB; A MACARTHUR AWARD-WINNING DETACHMENT OF ARMY ROTC; AND MORE THAN 80 CLUBS AND ACTIVITIES, INCLUDING 19 VARSITY ATHLETIC TEAMS IN THE NORTHWEST CONFERENCE OF NCAA DIVISION III. THE UNIVERSITY CONSISTENTLY RANKS AMONG THE TOP 20 IN U.S. NEWS & WORLD REPORT'S BEST UNIVERSITIES IN THE WEST AND RECENTLY NAMES A TOP 10 UNIVERSITY IN THE WEST FOR BEST COLLEGES FOR VETERANS. IT ALSO RANKS 26TH OF MASTER'S UNIVERSITIES NATIONWIDE BY WASHINGTON MONTHLY COLLEGE GUIDE. THE UNIVERSITY HAS PRODUCED MORE THAN 100 FULBRIGHT SCHOLARS SINCE 1975. 15736084 0 1134510 ACADEMIC SUPPORT AND STUDENT SERVICES: AT PLU, STUDENTS ARE OFFERED MANY SUPPORT SERVICES, INCLUDING ACADEMIC ASSISTANCE AND ADVISING, DISABILITY SUPPORT SERVICES, CAREER CONNECTIONS AND CAMPUS MINISTRY. HIGHLIGHTS OF 2017-18 INCLUDED THE FORMATION OF PHASE I OF THE NEW CENTER FOR STUDENT SUCCESS, A CAMPUS-WIDE COLLABORATION OF UNITS DEDICATED TO HELPING STUDENTS SUCCEED WITH ACADEMIC AND PERSONAL SUPPORT AND RESOURCES. SERVICES INCLUDE: ACADEMIC ADVISING & DEGREE PLANNING, TUTORING & ASSIGNMENT HELP, CAREER & VOCATION PLANNING, FINANCIAL SERVICES, PERSONAL HEALTH & WELLNESS, RESOURCES BY AFFINITY GROUP (COMMUTER STUDENTS, TRANSFER STUDENTS, VETERANS & MILITARY AFFILIATED STUDENTS, INTERNATIONAL STUDENTS, FIRST IN THE FAMILY [FIF] STUDENTS, LGBTQ IDENTIFIED STUDENTS, STUDENTS OF COLOR, AND UNDOCUMENTED STUDENTS.) 8794701 0 15856303 AUXILIARY ENTERPRISES: PLU OFFERS NINE RESIDENCE HALLS; EIGHT TRADITIONAL STYLE RESIDENCE HALLS AND ONE APARTMENT-STYLE COMPLEX. DURING THE 2017-18 ACADEMIC YEAR, ON-CAMPUS RESIDENTS TOTALED 1,334 STUDENTS IN FALL 2017 AND 1,254 IN SPRING 2018. PLU DELIVERED DINING SERVICES TO MORE THAN 3,100 STUDENTS, FACULTY, STAFF AND THE NEIGHBORING COMMUNITY. WE ARE DEDICATED TO PROVIDING NUTRITIONALLY SOUND AND SUSTAINABLY SOURCED MEALS AT OUR MODERN DINING HALL, AT A NOTED RESTAURANT OPEN TO THE PUBLIC AND CAMPUS COMMUNITY, AND THROUGH SEVERAL CONVENIENT QUICKSERVE OPTIONS LOCATED ACROSS CAMPUS. DINING SERVICES IS A CAMPUS LEADER IN SUSTAINABLE INITIATIVES, OFFERS NUTRITION EDUCATION AND CULINARY ADVENTURE CLASSES, AVAILABLE TO EVERYONE. PLU HOSTED OVER 40,000 GUESTS ATTENDING 120+ NONPLU CONFERENCES AND EVENTS DURING 2017-18. CONFERENCES RANGE IN SIZE FROM ONE DAY TRAININGS TO OVERNIGHT RETREATS; A MEMORIAL SERVICE; SPORTS CAMPS AND CLINICS. PLU'S HOSPITALITY SERVICES AND CAMPUS RESTAURANTS, INCLUDING THE CATERING DEPARTMENT, PROVIDES MEALS FOR MOST EVENTS AS WELL AS PLU FUNCTIONS. PLU RENTED RESIDENCE HALL ROOMS TO 766 ATHLETES AND THEIR CHAPERONES FOR SPECIAL OLYMPICS WASHINGTON SPRING GAMES HELD AT PLU IN EARLY JUNE 2017. APPROXIMATELY AN ADDITIONAL 4,200 VOLUNTEERS, SPECTATORS, VENDORS, STAFF AND ATHLETES THAT DID NOT SLEEP ON CAMPUS ALSO ATTENDED THE GAMES AND FESTIVITIES. IN ADDITION, THE MEMORIAL SERVICE FOR A PIERCE COUNTY SHERIFF DEPUTY WHO WAS KILLED IN THE LINE OF DUTY WAS HELD AT PLU IN JANUARY 2018, RESULTING IN OVER 4,000 PEOPLE FROM AROUND THE UNITED STATES AND OTHER COUNTRIES COMING TO CAMPUS TO PAY THEIR RESPECTS TO THE FALLEN OFFICER. THE CATERING DEPARTMENT PROVIDES MEALS FOR MOST EVENTS AND PLU FUNCTIONS. 16976146 0 1.) OPERATIONS AND MAINTENANCE OF PLANT INCLUDING DEPRECIATION, INTEREST EXPENSE AND AMORTIZATION2.) PUBLIC SERVICE 16976146 0 133725130 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 4212 0 1 2636 1 1 1 0 0 0 0 1 1 0 0 0 0 X 31 30 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 X X GEMMA DULAY 2535358056 12180 PARK AVE S TACOMA WA 98447 EDWARD GROGAN REGENT/CHAIR 1.00 X X 0 0 0 MARK GOULD REGENT/VICE CHAIR 1.00 X X 0 0 0 MARK MILLER REGENT/VICE CHAIR 1.00 X X 0 0 0 MICHELLE LONG REGENT/VICE CHAIR 1.00 X X 0 0 0 SUSAN CAULKINS REGENT/VICE CHAIR/SECRETARY 1.00 X X 0 0 0 JOYCE BARR REGENT 1.00 X 0 0 0 SHELLEY WICKSTROM REGENT 1.00 X 0 0 0 DALE HAARR REGENT 1.00 X 0 0 0 CHARLEEN TACHIBANA REGENT 1.00 X 0 0 0 LAURIE SOINE REGENT 1.00 X 0 0 0 JERRY SKAGA REGENT 1.00 X 0 0 0 JAN RUUD REGENT 1.00 X 0 0 0 NANCY POWELL REGENT 1.00 X 0 0 0 OSAMU MATSUTANI REGENT 1.00 X 0 0 0 RICHARD LARSON REGENT 1.00 X 0 0 0 LISA KITTILSBY REGENT 1.00 X 0 0 0 RICHARD JAECH REGENT 1.00 X 0 0 0 MATT ISERI REGENT 1.00 X 0 0 0 JAYNEE GROSETH REGENT 1.00 X 0 0 0 BRENDA MORRIS REGENT 1.00 X 0 0 0 MARK GRIFFITH REGENT 1.00 X 0 0 0 JONETTE BLAKNEY REGENT 1.00 X 0 0 0 ERIK BENSON REGENT 1.00 X 0 0 0 BECKY BURAD REGENT 1.00 X 0 0 0 DALE BENSON REGENT 1.00 X 0 0 0 DANIEL ALSAKER REGENT 1.00 X 0 0 0 DAVID BRAUER-RIEKE REGENT 1.00 X 0 0 0 DARREN HAMBY REGENT 1.00 X 0 0 0 DONALD WILSON REGENT (THROUGH 5/31) 1.00 X 0 0 0 THORHILD WIDVEY REGENT (THROUGH 5/31) 1.00 X 0 0 0 L ALLAN BELTON ACTING PRESIDENT 40.00 X X 234266 0 47676 STEVE WHITEHOUSE TREASURER 40.00 X 123243 0 22299 JOANNA ROYCE-DAVIS VICE PRESIDENT 40.00 X 184077 0 57209 DANIEL LEE VICE PRESIDENT 40.00 X 175470 0 43247 SHEILA SMITH DEAN 40.00 X 157867 0 24987 CHUNG-SHING LEE DEAN 40.00 X 152475 0 28199 JOANNA GREGSON PROVOST 40.00 X 137521 0 34220 CAMERON BENNETT FORMER DEAN 40.00 X 150364 0 24118 THOMAS KRISE FORMER PRESIDENT 40.00 X 353350 0 21168 1668633 0 303123 41 1 1 0 BUILDER PROS LLC PO BOX 273 YELM WA 985970273 GENERAL CONTRACTOR 478627 ARIES MECHANICAL INC 3827 100TH ST SW STE B LAKEWOOD WA 984994420 MECHANICAL CONTRACTOR 413589 WESTMARK CONSTRUCTION INC 6102 N 9TH ST STE 400 TACOMA WA 984062097 GENERAL CONTRACTOR 350373 JT TECH INC 13715 E KRONQUIST RD SPOKANE WA 992179439 INFORMATION TECHNOLOGY 240482 ELLUCIAN COMPANY LP 62578 COLLECTION CENTER DR CHICAGO IL 606930625 SOFTWARE MAINTENANCE 225538 12 540000 2064666 7430028 227669 10034694 TUITION AND FEES 611600 118206999 118206999 AUXILIARY ENTERPRISES 611710 15856303 15856303 OTHER ACADEMIC SUPPORT & STUDENT 611710 1468389 1134510 333879 135531691 2046992 2046992 245991 107021 138970 138970 138970 55671515 1575986 52907022 1590674 2764493 -14688 2749805 2749805 150502152 135197812 333879 4935767 58107699 58107699 730984 50295 454370 226319 45519596 37630146 6716125 1173325 3566348 2917865 545402 103081 6264788 5125637 958075 181076 3513690 2864744 543451 105495 188808 188808 155142 155142 133528 133528 3236981 2639141 500653 97187 398050 324534 61565 11951 7203413 5873009 1114128 216276 2244977 1830351 347223 67403 2759225 2249622 426760 82843 4991031 4069234 771946 149851 737656 601418 114091 22147 2022903 1649291 312876 60736 5381166 4387314 832287 161565 993642 810126 153683 29833 MINOR EQUIPMENT PURCHAS 1285149 1047794 198770 38585 STUDY AWAY FEES 708975 708975 DUES & SUBSCRIPTIONS 468159 381694 72409 14056 PRIZES AND AWARDS 118352 96494 18305 3553 441239 359747 68244 13248 151171501 133725130 14687841 2758530 22900 20900 4097654 2092426 1237677 1390941 3619571 4173506 6670173 6717081 302342 317504 1120212 881558 214212915 83889374 134660868 130323541 66026100 70670768 29225928 30600456 3093280 3106034 250076705 250294715 9219089 8382267 58227791 56974398 1018652 1038819 32012 13581 17346611 17496716 85844155 83905781 X 74747443 72884634 7214174 10799795 82270933 82704505 164232550 166388934 250076705 250294715 X -669349 1625489 1200244 X 0 1 X 1 1 1 X 300 358530 X EDUCATION 0 1 X 95235419 4084331 6393280 2184131 3329671 386512 99812716 80499771 10241364 8396228 2235967 1435360 230617 95235419 85581439 2373824 -2054389 2322581 2749633 328889 80499771 84365076 3285490 2136985 4002319 203793 85581439 79585706 2492374 6292319 3762478 242845 84365076 0.13320 0.82860 0.03820 1 0 10590369 762723 11353092 168427644 60949794 107477850 3161813 1588000 1573813 15488279 10996134 4492145 15782087 10355446 5426641 130323541 2287907 C 1883113 F ALTERNATIVE INVESTMENTS 1526976 F INVESTMENTS HELD BY OTHERS 12573236 F INVESTMENTS HELD IN TRUST 12329224 F 30600456 DEPOSIT ACCOUNTS 2180013 ANNUITIES PAYABLE 6096759 RETIREMENT OBLIGATION 1115377 GOVERNMENT GRANTS REFUNDABLE 8104567 17496716 X 95220186 1625489 1200244 2825733 92394453 58107699 58107699 150502152 93063802 0 93063802 58107699 58107699 151171501 PART III, LINE 4: THE UNIVERSITY'S COLLECTION CONSISTS OF THORNILEY PRINTING PRESS, CLAVIS SCRIPTVRAE SERMONS AND COMMENTARIES ON THE WRITINGS OF ST. AUGUSTINE. THESE ARE HELD FOR EDUCATION PURPOSES WHICH IS THE MAIN EXEMPT PURPOSE OF THE UNIVERSITY. PART IV, LINE 2B: PLU IS THE CUSTODIAN OF VARIOUS AGENCY, CHARITABLE REMAINDER UNITRUST, AND GIFT ANNUITY FUNDS, OF WHICH ALL OR A PORTION IS DUE TO AN OUTSIDE PARTY. AGENCY FUNDS ARE HELD IN PLU'S MAIN BANK ACCOUNT AND CHARITABLE REMAINDER UNITRUSTS AND GIFT ANNUITIES ARE INVESTED WITH CHARLES SCHWAB. PART V, LINE 4: INTENDED USES OF ENDOWMENT FUNDS: TO FUND SCHOLARSHIPS, UNDERGRADUATE RESEARCH, EQUIPMENT, LECTURES, ATHLETIC FACILITIES, FACULTY POSITIONS, GLOBAL EDUCATION AND OTHER UNIVERSITY PROGRAMS AS DESIGNATED BY OUR DONORS. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. THE UNIVERSITY FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE UNIVERSITY FOR UNCERTAIN TAX POSITIONS AS OF MAY 31, 2018 AND 2017. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 24,387. UNREALIZED GAIN ON INTEREST RATE SWAP 1,175,857. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 58,107,699. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 58,107,699. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 DUE TO AN ADMINISTRATIVE OVERSIGHT, THE NONDISCRIMINATION POLICY WAS NOT FILED WITH A NEWSPAPER OR BROADCAST FOR FYE18. THE UNIVERSITY REMAINED RESOLUTE IN COMPLIANCE WITH THE POLICY DURING FYE18. THE FULL POLICY WAS PUBLISHED ON PLU ADMISSION MATERIALS INCLUDING IN THE PROSPECTIVE STUDENT MAGAZINE, INTRODUCTORY SEARCH COMMUNICATIONS AND ATHLETICS BROCHURES. THE POLICY WAS ALSO LISTED FOR EASY ACCESS ON THE MAIN PAGE OF THE PLU WEBSITE, THE ATHLETICS WEBPAGE, AND PAGES FOR TITLE IX, STUDENT CONDUCT AND OUR TRANSGENDER AND GENDER NON-BINARY STUDENT RESOURCES. THERE IS NOW A PLAN IN PLACE WITH A FAIL-SAFE TO ENSURE THE POLICY IS MADE PUBLIC TO THE GENERAL COMMUNITY IN THE FUTURE. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES SUPPORT FROM THE US GOVERNMENT IN CONNECTION WITH THE PERKINS LOAN PROGRAM, FEDERAL WORK-STUDY PROGRAM, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM AND OTHER PROGRAMS. EUROPE (INCLUDING ICELAND AND GREENLAND) 0 5 PROGRAM SERVICES STUDY ABROAD ACTIVITIES; ON SITE PROGRAM ADMINISTRATION 814663 SOUTH AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD ACTIVITIES 74285 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDY ABROAD ACTIVITIES; ON SITE PROGRAM ADMINISTRATION 124845 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES STUDY ABROAD ACTIVITIES 2044 NORTH AMERICA (CANADA AND MEXICO) 0 6 PROGRAM SERVICES STUDY ABROAD ACTIVITIES; ON SITE PROGRAM ADMINISTRATION 125778 SUB-SAHARAN AFRICA 0 2 PROGRAM SERVICES STUDY ABROAD ACTIVITIES 223225 CENTRAL AMERICA AND THE CARIBBEAN 0 1 PROGRAM SERVICES STUDY ABROAD ACTIVITIES; ON SITE PROGRAM ADMINISTRATION 110647 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 494259 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 INVESTMENTS 279372 0 14 0 0 0 14 1969746 279372 2249118 1 0 1 1 1 0 PART IV FOREIGN OWNERSHIP INTERESTS ARE HELD INDIRECTLY THROUGH ALTERNATIVE PARTNERSHIP INVESTMENTS. INVESTMENTS HAVE BEEN ANALYZED FOR POTENTIAL FOREIGN FORM FILING REQUIREMENTS. FOR THE FYE18 THERE WERE NO FOREIGN FORM FILING REQUIREMENTS. 1 MERIT BASED STUDENT SCHOLARSHIPS AND GRANTS 2454 46447465 NEEDS BASED STUDENT SCHOLARSHIPS AND GRANTS 1852 10487366 FEDERAL NEEDS BASED STUDENT SCHOLARSHIPS AND GRANTS 952 1172868 PART I, LINE 2: PACIFIC LUTHERAN UNIVERSITY OFFERS SCHOLARSHIPS AND GRANTS TO QUALIFIED STUDENTS TO HELP REDUCE THEIR OUT-OF-POCKET TUITION COSTS. STUDENTS RECEIVING FINANCIAL ASSISTANCE OF THIS FORM MUST MEET SPECIFIC CRITERIA SUCH AS ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER SIMILAR STANDARDS WHETHER PUT IN PLACE BY THE COLLEGE OR BY DONORS OF RESTRICTED FUNDS. X X 1 1 X X X X 0 1 0 0 0 0 0 1 0 L ALLAN BELTON ACTING PRESIDENT 213862 0 15000 0 5404 0 35780 0 11896 0 281942 0 0 0 JOANNA ROYCE-DAVIS VICE PRESIDENT 166095 0 10000 0 7982 0 31314 0 25895 0 241286 0 0 0 DANIEL LEE VICE PRESIDENT 155486 0 10000 0 9984 0 31721 0 11526 0 218717 0 0 0 SHEILA SMITH DEAN 157867 0 0 0 0 0 16150 0 8837 0 182854 0 0 0 CHUNG-SHING LEE DEAN 152475 0 0 0 0 0 16800 0 11399 0 180674 0 0 0 JOANNA GREGSON PROVOST 137521 0 0 0 0 0 12610 0 21610 0 171741 0 0 0 CAMERON BENNETT FORMER DEAN 145000 0 5364 0 0 0 15225 0 8893 0 174482 0 0 0 THOMAS KRISE FORMER PRESIDENT 95395 0 455 0 257500 0 10785 0 10383 0 374518 0 257500 0 PART I, LINE 1A THE FORMER PRESIDENT & HIS WIFE LIVED IN PLU-OWNED RESIDENCE AND RECEIVED HEALTH CLUB MEMBERSHIPS THAT WERE BOTH USED FOR BUSINESS PURPOSES SUCH AS DEVELOPING DONOR RELATIONS. PART I, LINE 3 PRESIDENT KRISE PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN AND RECEIVED A PAYOUT OF $257,500. PART I, LINE 7 OCCASIONAL INCENTIVE BONUSES ARE GIVEN TO EXECUTIVE LEADERSHIP AND ARE DETERMINED BY THE BOARD. A WASHINGTON HIGHER EDUCATION FACILITIES AUTHORITY 911306482 939781ZD5 2016-08-11 48933000 REFUNDING 0 0 0 B WASHINGTON HIGHER EDUCATION FACILITIES AUTHORITY 911306482 939781S27 2014-07-09 9933742 RENOVATION 0 0 0 A 1440834 48933834 1440834 403596 47089404 2007 1 0 1 1 B 9933742 198669 9735073 2015 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 1 0 1 1 WASHINGTON FEDERAL 10.000000000000 0 0 0 MBIA 30.000000000000 1 0 1 B 0 0 1 0 0 0 0 0 1 A 1 B 1 PART III, LINE 3, COLUMN A, $48,933,000 ISSUE PRICE $834 INVESTMENT INCOME EARNED ON PROCEEDS $48,933,834 TOTAL PROCEEDS OF ISSUE X 2 300 FAIR MARKET VALUE X 100 FAIR MARKET VALUE X 1290 FAIR MARKET VALUE X 18 196300 FAIR MARKET VALUE X 1 100 FAIR MARKET VALUE X 4 292 FAIR MARKET VALUE X EQUIPMENT/ MISC ITEMS 9 21975 FAIR MARKET VALUE X UNRMBRSD EXP. 18 5903 FAIR MARKET VALUE X COMPANY PRODUCTS 5 1408 FAIR MARKET VALUE 1 0 1 0 PART I, COLUMN (B): THE ORGANIZATION REPORTS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION A, LINE 2 LISA KITTILSBY AND DONALD WILSON HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED AND REVIEWED BY STAFF AND EXTERNAL ACCOUNTING FIRM. THE FORM WAS THEN PROVIDED AND REVIEWED BY THE ENTIRE BOARD BEFORE IT WAS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C PACIFIC LUTHERAN UNIVERSITY ANNUALLY REQUIRES BOARD MEMBERS AND KEY EMPLOYEES TO COMPLETE CONFLICT OF INTEREST SURVEYS. ANY CONFLICTS ARE DOCUMENTED TO ENSURE PROPER OVERSIGHT. BOARD MEMBERS WITH CONFLICTS ARE REQUIRED TO RECUSE THEMSELVES FROM PROCEEDINGS. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S COMPENSATION IS REVIEWED, APPROVED AND NOTED IN MINUTES ANNUALLY BY A COMPENSATION COMMITTEE OF THE BOARD. ALL OTHER POSITIONS ARE REVIEWED BY AN IMMEDIATE SUPERVISOR. THE ASSOCIATE VICE PRESIDENT OF HUMAN RESOURCES ASSEMBLES AND REVIEWS COMPARABLE DATA FROM THE INDUSTRY. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE POSTED ON PLU'S WEBSITE AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF TRUST 24,387. UNREALIZED GAIN ON INTEREST RATE SWAP 1,175,857. BENSON FAMILY FOUNDATION PO BOX 0634 MILWAUKEE OR 97208 203039538 SUPPORTING ORGANIZATION FOR PLU OR 501(C)(3) LINE 12D, III-O 0 GARFIELD COMMONS LLC 2001 WESTERN AVE SUITE 330 SEATTLE WA 98121 651266546 COMMERCIAL RETAIL RENTAL WA PACIFIC LUTHERAN UNIVERSITY UNRELATED 112230 4189811 0 0 1.00000 CHARITABLE REMAINDER UNITRUSTS (22) CHARITABLE TRUST WA T 0 LIFE INCOME TRUSTS (3) CHARITABLE TRUST WA T 0 CHARITABLE REMAINDER ANNUITY TRUST (1) CHARITABLE TRUST WA T 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 BENSON FAMILY FOUNDATION C 540000 CASH GARFIELD COMMONS LLC J 202088 CASH