2019-04-15T14:34:24-05:00 2018-05-31 450250958 EIDE BAILLY LLP 400 PINE ST STE 600 ABILENE TX 796015190 990 2017-06-01 741161940 UNIVERSITY OF MARY HARDIN-BAYLOR UNIV 2542954169 900 COLLEGE STREET BOX 8003 BELTON TX 76513 JENNIFER RAMM VP FOR BUSINESS & FINANCE 2542954169 2019-04-15 1 JOE MELSON CPA P00158111 3256724000 2019-04-12 76.235.81.209 2019-04-15 11:07:40 CD P 45B556A11AAE788B1C8B90C38945D57879372F81 4B7FEDDDB59CEC5B972D12EC8AB2EFC11308F9F0 2017 2019-02-21 02:37:17Z RANDAL O'REAR 900 COLLEGE ST BOX 8003 BELTON TX 76513 135603286 0 X WWW.UMHB.EDU X 1845 TX THE UNIVERSITY OF MARY HARDIN-BAYLOR PREPARES STUDENTS FOR LEADERSHIP, SERVICE, AND FAITH-INFORMED DISCERNMENT IN A GLOBAL SOCIETY. ACADEMIC EXCELLENCE, PERSONAL ATTENTION, BROAD-BASED SCHOLARSHIP AND A COMMITMENT TO A BAPTIST VISION FOR EDUCATION DISTINGUISH OUR CHRIST-CENTERED LEARNING COMMUNITY. 37 35 1859 100 2795 979 10240633 8710759 105232484 108675881 5076840 5400010 5530 2795 120555487 122789445 25084440 26947272 0 0 47073485 47345696 0 0 2283204 34919481 36066863 107077406 110359831 13478081 12429614 325477102 345096099 85213657 89357644 240263445 255738455 X THE UNIVERSITY OF MARY HARDIN-BAYLOR PREPARES STUDENTS FOR LEADERSHIP, SERVICE, AND FAITH-INFORMED DISCRENMENT IN A GLOBAL SOCIETY. ACADEMIC EXCELLENCE, PERSONAL ATTENTION, BROAD-BASED SCHOLARSHIP AND A COMMITMENT TO A BAPTIST VISION FOR EDUCATION DISTINGUISH OUR CHRIST-CENTERED LEARNING COMMUNITY. 0 0 101287278 26947272 108675881 THE UNIVERSITY OF MARY HARDIN-BAYLOR PROVIDES AN EXCELLENT, CHRIST-BASED EDUCATIONAL EXPERIENCE FOR MORE THAN 3,900 STUDENTS ANNUALLY. THE UNIVERSITY AUGMENTS ITS HIGH-GUALITY CURRICULUM WITH STUDENT SERVICES AND CAMPUS ACTIVITIES WHICH SUPPORT STUDENTS' GROWTH BOTH ACADEMICALLY AND SPIRITUALLY. AUXILIARY SERVICES SUCH AS CAMPUS HOUSING AND MEAL PLANS ARE DESIGNED TO MEET THE NEEDS AND TASTES OF TODAY'S STUDENTS; WHEN COMBINED WITH OUTSTNDING ACADEMIC AND SPORTS FACILITIES, THEY FORM A POSITIVE ENVIRONMENT WHICH CONTIBUTES TO STUDENT SUCCESS. 101287278 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 1 0 0 0 1 148 0 1 1859 1 1 1 0 0 0 0 0 0 0 X 37 35 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X JENNIFER RAMM 2542955527 900 COLLEGE ST BOX 8003 BELTON TX 76513 ALAN BARCLAY TRUSTEE 1.00 X 0 0 0 ANNE HALBERT TRUSTEE 1.00 X 0 0 0 CAMILLE DILLARD TRUSTEE 1.00 X 0 0 0 CARL HUDSON TRUSTEE 1.00 X 0 0 0 CINDY ROBERTS TRUSTEE 1.00 X 0 0 0 DAVID E LEIGH TRUSTEE 1.00 X 0 0 0 DEAN WINKLER TRUSTEE 1.00 X 0 0 0 DELIA QUINTANILLA TRUSTEE 1.00 X 0 0 0 DON RINGLER TRUSTEE 1.00 X 0 0 0 DR MARTIN KNOX TRUSTEE 1.00 X 0 0 0 DR STEVE WALKER TRUSTEE 1.00 X 0 0 0 ERNIE ROBERTS TRUSTEE 1.00 X 0 0 0 GENE NAKAYAMA TRUSTEE 1.00 X 0 0 0 GLENN HODGE TRUSTEE 1.00 X 0 0 0 GORDON WIGGERS TRUSTEE 1.00 X 0 0 0 JACK PHELPS CHAIR 1.00 X 0 0 0 JANIE MARIE MINTEN TRUSTEE 1.00 X 0 0 0 JASON WILCOX TRUSTEE 1.00 X 0 0 0 JENNIFER MANNING TRUSTEE 1.00 X 0 0 0 JOAN MUSICK-DILLARD TRUSTEE 1.00 X 0 0 0 JOHN MESSER TRUSTEE 1.00 X 0 0 0 LESKA HENDRICKS TRUSTEE 1.00 X 0 0 0 MARY PRIEST TRUSTEE 1.00 X 0 0 0 MIKE HARKRIDER TRUSTEE 1.00 X 0 0 0 NELDA SANDERS TRUSTEE 1.00 X 0 0 0 PAM MANLY TRUSTEE 1.00 X 0 0 0 PERRY FLUCHER TRUSTEE 1.00 X 0 0 0 REV ANDY DAVIS VICE CHAIR 1.00 X 0 0 0 DRAYTON MCLANE III SECRETARY 1.00 X 0 0 0 ROBERT GALLIGAN TRUSTEE 1.00 X 0 0 0 RYAN LINDSEY TRUSTEE 1.00 X 0 0 0 TAMARA CROSS TRUSTEE 1.00 X 0 0 0 TED BARTLEY TRUSTEE 1.00 X 0 0 0 TRAVIS BURLESON TRUSTEE 1.00 X 0 0 0 VINCE J BANKS TRUSTEE 1.00 X 0 0 0 VINCENT ARRIAGA TRUSTEE 1.00 X 0 0 0 WILLIE ROBERTSON TRUSTEE 1.00 X 0 0 0 JENNIFER RAMM VP FOR BUSINESS & FINANCE 40.00 X 224504 0 31280 RANDAL O'REAR PRESIDENT 40.00 X 519137 0 131312 STEVE THEODORE COO & SR VP FOR ADMIN 40.00 X 292074 0 75279 JOHN SILVEY VASSAR PROVOST & SR VP FOR ACADEMIC AFFAIRS 40.00 X 126118 0 14876 DANIEL MYNATT VICE PROVOST FOR INSTITUTIONAL EFFECTIVENESS & DEA 40.00 X 205773 0 38008 COLIN WILBORN DEAN - GRADUATE SCHOOL 40.00 X 176795 0 28081 GARY FREDENBURG HEAD FOOTBALL COACH 40.00 X 198302 0 23285 SHARON SOUTER DEAN - COLLEGE OF NURSING 40.00 X 177640 0 32350 SUSAN OWENS VP OF HUMAN RESOURCES 40.00 X 179779 0 29487 2100122 0 403958 55 0 1 0 BARTLETT COCKE GENERAL CONTRACTORS LLC 8706 LOCKWAY SAN ANTONIO TX 78217 CONSTRUCTION 10151584 SODEXO SERVICES OF TEXAS LLC POBOX 352 BUFFALO NY 14240 FOOD SERVICE 2580505 SSC SERVICE SOLUTIONS 1845 MIDPARK RD SUITE 201 KNOXVILLE TN 37921 HOUSEKEEPING 1427059 ROYALL & COMPANY 1920 EAST PARHAM ROAD RICHMOND VA 23228 RECRUITING 881645 PBK ARCHITECTS INC 9442 CAPITAL OF TX HWY SUITE 680 AUSTIN TX 78759 ARCHITECT 846057 31 125000 466603 8119156 8710759 TUITION AND FEES 611710 91416040 91416040 AUXILIARY ENTERPRISES 611710 13896028 13896028 STUDENT RELATED CHARGES 611710 3363813 3363813 108675881 4894865 4894865 13318986 12813841 505145 505145 505145 SPONSORSHIP UBIT REVENUE 900099 2795 2795 2795 122789445 108675881 2795 5400010 26731037 26731037 216235 216235 2303152 1014303 1008796 280053 34320269 30811052 2427832 1081385 1927593 1744717 121680 61196 6304962 5304140 750870 249952 2489720 2168038 247891 73791 96275 24877 71398 51700 51700 4216941 4216941 271404 223833 47571 3375081 2960281 186947 227853 2863087 2782255 80832 2296186 2172183 69511 54492 174364 151579 13327 9458 2433343 2433343 10626116 10626116 825842 825842 SERVICES 4344181 2986713 1179319 178149 OTHER EXPENSES 3216179 2617629 531675 66875 BOOKSTORE PURCHASES 1276164 1276164 110359831 101287278 6789349 2283204 2999888 2169950 4449162 17698408 4607409 4557990 1306516 1081556 826464 679027 542194 494199 401468 508842 289169947 92987492 187251555 196182455 123092446 121723672 0 325477102 345096099 11206157 10555414 2294504 1901607 56269987 61176353 15443009 15724270 85213657 89357644 X 145058408 160151462 44786125 43828462 50418912 51758531 240263445 255738455 325477102 345096099 X 12429614 3632168 -586772 X 0 1 X 1 1 1 X 10550697 6372304 5666139 10240633 8713554 41543327 10550697 6372304 5666139 10240633 8713554 41543327 41543327 5145946 4481607 4503060 4962878 4894865 23988356 9615 5547 5615 5530 2795 29102 65560785 0.63370 0.66170 X 82129080 2157012 7458276 3547572 88196796 74967890 1509390 8159167 2507366 82129081 80752124 1083155 -4466702 2400687 74967890 78817010 1333717 2926204 2324807 80752124 68195166 4483215 8185525 2046896 78817010 0.10690 0.56030 0.33290 0 0 7661144 7661144 210134660 54663332 155471328 37836143 28392356 9443787 33538000 9931804 23606196 196182455 OTHER S/T INVESTMENTS 1083542 F CORPORATE STOCKS & BONDS 792909 F MUTUAL FUNDS 2631403 F UNIT INVESTMENT TRUSTS 130504 F REAL EST & MINERAL INTS 640149 F GOVERNMENT BONDS 128083 F MUNICIPAL OBLIGATIONS 79326 F INVESTMENTS CARRIED AT NAV 116237756 F 121723672 ACCRUED POST RETIREMENT BENEFITS 13797641 ANNUITIES PAYABLE 1274276 STUDENT LOANS REFUNDABLE 652353 15724270 X 99538870 3632168 -26882743 -23250575 122789445 0 122789445 84094717 682158 682158 83412559 26947272 26947272 110359831 PART X, LINE 2: UNIVERSITY OF MARY HARDIN-BAYLOR IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. UNIVERSITY OF MARY HARDIN-BAYLOR HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER THE TAX REFORM ACT OF 1969 AND CONTRIBUTIONS TO IT QUALIFY FOR DEDUCTION AS CHARITABLE CONTRIBUTIONS; ACCORDINGLY, NO PROVISION FOR TAXES HAS BEEN MADE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE UNIVERSITY IS LIABLE FOR ANY FEDERAL INCOME TAXES RESULTING FROM CERTAIN UNRELATED BUSINESS INCOME. FOR FISCAL YEARS 2018 AND 2017, THERE WAS NO LIABILITY FOR ANY FEDERAL INCOME TAX RESULTING FROM UNRELATED BUSINESS INCOME. THE UNIVERSITY RECOGNIZES INTEREST ACCRUED ON ANDPENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN TAX EXPENSE. DURING THE YEARS ENDED MAY 31, 2018 AND 2017, THE UNIVERSITY RECOGNIZED NO INTEREST AND PENALTIES. BASED ON MANAGEMENT'S ANALYSIS, THE UNIVERSITY DID NOT HAVE ANY UNCERTAIN TAX POSITIONS AS OF MAY 31, 2018 AND 2017. THE UNIVERSITY FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THERE ARE CURRENTLY NO INCOME TAX EXAMINATIONS UNDERWAY FOR THIS JURISDICTION. AS OF MAY 31, 2018, THE UNIVERSITY'S TAX YEARS 2015 TO 2018 REMAIN SUBJECT TO EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: RECLASS OF SCHOLARSHIPS / DISCOUNTS -26,947,272. UMHB FOUNDATION CONSOLIDATION 64,529. PART XII, LINE 2D - OTHER ADJUSTMENTS: PRESENT VALUE ADJUSTMENT TO ANNUITIES 30,547. LOSS ON DISPOSAL OF ASSETS 13,740. POST RETIREMENT BENEFIT CHANGES 542,485. UMHB FOUNDATION CONSOLIDATION 95,386. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF SCHOLARSHIPS / DISCOUNTS 26,947,272. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 UMHB PUBLISHES ITS NONDISCRIMINATION POLICY ON ITS WEBSITE, CATALOG, STUDENT HANDBOOK AND APPLICATION FOR ADMISSION. DURING THE REGISTRATION PERIOD, IT IS ALSO PUBLISHED IN LOCAL NEWSPAPERS. SCHEDULE E, PART I, LINE 6 UMHB RECEIVES SCHOLARSHIP GRANTS FROM FEDERAL AGENCIES AND THE STATE OF TEXAS TO ASSIST STUDENTS WITH THEIR COSTS OF EDUCATION. UMHB PARTICIPATES IN THE DIRECT LOAN PROGRAM WHICH PROVIDES STUDENTS FEDERAL SUBSIDIZED LOANS TO ASSIST WITH THEIR EDUCATION COSTS. 0 0 0 0 0 0 0 0 0 FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS EAST ASIA AND THE PACIFIC 20 29110 APPLY AGAINST STUDENT ACCOUNT CHARGES FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS EUROPE (INCLUDING ICELAND & GREENLAND) 2 13890 APPLY AGAINST STUDENT ACCOUNT CHARGES FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS MIDDLE EAST AND NORTH AFRICA 1 2000 APPLY AGAINST STUDENT ACCOUNT CHARGES FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS SOUTH ASIA 111 169735 APPLY AGAINST STUDENT ACCOUNT CHARGES FINANCIAL AID LOANS, GRANTS OR SCHOLARSHIPS SUB-SAHARAN AFRICA 1 1500 APPLY AGAINST STUDENT ACCOUNT CHARGES 0 0 0 0 0 0 1 SCHOLARSHIPS TO VARIOUS STUDENTS 3312 26731037 PART I, LINE 2: FOR ALL SCHOLARSHIP FUNDS, FINANCIAL AID HAS ESTABLISHED SPECIFIC CRITERIA FOR ELIGIBILITY AND SELECTION. THE ELIGIBILITY REQUIREMENTS ARE DOCUMENTED AND MONITORED FOR COMPLIANCE. SCHOLARSHIPS ARE CREDITED TO STUDENT TUITION BILLS. X X X X 1 1 X X X 0 0 0 0 0 0 0 1 0 JENNIFER RAMM VP FOR BUSINESS & FINANCE 184781 0 39723 0 0 0 18000 0 13280 0 255784 0 0 0 RANDAL O'REAR PRESIDENT 393031 0 118000 0 8106 0 26000 0 105312 0 650449 0 0 0 STEVE THEODORE COO & SR VP FOR ADMIN 241644 0 50400 0 30 0 24000 0 51279 0 367353 0 0 0 JOHN SILVEY VASSAR PROVOST & SR VP FOR ACADEMIC AFFAIRS 120019 0 2150 0 3949 0 0 0 14876 0 140994 0 0 0 DANIEL MYNATT VICE PROVOST FOR INSTITUTIONAL EFFEC 144490 0 26750 0 34533 0 18333 0 19675 0 243781 0 0 0 COLIN WILBORN DEAN - GRADUATE SCHOOL 118728 0 12766 0 45301 0 9600 0 18481 0 204876 0 0 0 GARY FREDENBURG HEAD FOOTBALL COACH 127065 0 71237 0 0 0 12187 0 11098 0 221587 0 0 0 SHARON SOUTER DEAN - COLLEGE OF NURSING 138704 0 1498 0 37438 0 12977 0 19373 0 209990 0 0 0 SUSAN OWENS VP OF HUMAN RESOURCES 151379 0 28400 0 0 0 15250 0 14237 0 209266 0 0 0 PART I, LINE 1A THE PRESIDENT IS REQUIRED TO LIVE IN ON-CAMPUS HOUSING. THE VALUE OF EMPLOYER-PROVIDED HOME IS INCLUDED IN SCHEDULE J, PART II, COLUMN D - NON-TAXABLE BENEFITS. PART I, LINE 7 FROM TIME TO TIME, THE UNIVERSITY PROVIDES DISCRETIONARY FLEXIBLE COMPENSATION TO ADMINISTRATORS, FACULTY AND STAFF. ANY DISCRETIONARY COMPENSATION IS EVALUATED AND APPROVED BY INDEPENDENT PARTIES. A WALLIS HIGHER EDUCATION 760599530 2005-01-18 6000000 CONSTRUCTION CAMPUS FACILITIES 0 0 0 B ROMAN FOREST HIGHER EDUCATION 200431603 2002-12-31 10000000 CONSTRUCTION CAMPUS FACILITIES 0 0 0 C CRAWFORD HIGHER EDUCATION FACILITIES 721536594 2009-07-15 5000000 CONSTRUCTION CAMPUS FACILITIES 0 0 0 D CRAWFORD HIGHER EDUCATION FACILITIES 721536594 2010-02-25 6000000 CONSTRUCTION CAMPUS FACILITIES 0 0 0 A 4953738 6000000 2006 0 0 1 1 B 6513506 10000000 2003 0 0 1 1 C 2117000 5000000 61728 4938272 2012 0 0 1 1 D 4579300 6000000 52000 5948000 2010 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 0 0 1 0 1 1 BANK OF AMERICA 15.000000000000 1 0 0 0 0 B 0 0 1 0 1 1 BANK OF AMERICA 20.000000000000 1 0 0 0 0 C 0 0 1 0 1 1 FROST CAPITAL 10.000000000000 1 0 0 0 0 D 0 0 1 0 1 1 FROST CAPITAL 10.000000000000 1 0 0 0 0 A 1 B 1 C 1 D 1 A CRAWFORD HIGHER EDUCATION FACILITIES 721536594 2010-12-15 10000000 CONSTRUCTION CAMPUS FACILITIES 0 0 0 B MILFORD HIGHER EDUCATION FACILITIES CORP 752383037 2011-12-06 10000000 CONSTRUCTION CAMPUS FACILITIES 0 0 0 C MILFORD HIGHER EDUCATION FACILITIES CORP 752383037 2012-05-22 10000000 CONSTRUCTION CAMPUS FACILITIES 0 0 0 D MILFORD HIGHER EDUCATION FACILITIES CORP 752383037 2013-05-21 10000000 CONSTRUCTION CAMPUS FACILITIES 0 0 0 A 3837974 10000000 49000 9951000 2011 0 0 1 1 B 2370239 10000000 65530 9934470 2012 0 0 1 1 C 2275963 10000000 51500 9948500 2012 0 0 1 1 D 2085257 10000000 45500 9954500 2013 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 0 0 1 0 1 1 FROST CAPITAL 15.000000000000 1 0 0 0 0 B 0 0 1 0 1 1 FROST CAPITAL 20.000000000000 1 0 0 0 0 C 0 0 1 0 1 1 FROST CAPITAL 20.000000000000 1 0 0 0 0 D 0 0 1 0 1 1 FROST CAPITAL 20.000000000000 1 0 0 0 0 A 1 B 1 C 1 D 1 A MILFORD HIGHER EDUCATION FACILITIES CORP 752383037 2014-11-06 9877000 CONSTRUCTION CAMPUS FACILITIES 0 0 0 B MILFORD HIGHER EDUCATION FACILITIES CORP 752383037 2015-05-21 6000000 CONSTRUCTION CAMPUS FACILITIES 0 0 0 C VAN ZANDT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP 263769733 2017-06-15 10000000 CONSTRUCTION CAMPUS FACILITIES 0 0 0 A 1533220 9877000 43000 9834000 2014 0 0 1 1 B 669676 6000000 42001 5957999 2015 0 0 1 1 C 458333 10000000 84469 9915531 2017 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 1 0 1 1 FROST CAPITAL 20.000000000000 1 0 0 0 0 B 0 0 1 0 1 1 FROST CAPITAL 20.000000000000 1 0 0 0 0 C 0 0 1 0 1 1 FROST CAPITAL 20.000000000000 1 0 0 0 0 A 1 B 1 C 1 5394 NEED BASED SCHOLARSHIP / GRANT EDUCATIONAL ASSISTANCE 76350 DISCOUNTED TUITION EDUCATIONAL ASSISTANCE 7179 NON-NEED BASED SCHOLARSHIP / GRANT EDUCATIONAL ASSISTANCE DEAN WINKLER TRUSTEE / BUSINESS OWNER CRW CONSTRUCTION 56717 CONSTRUCTION / REMODELSEALED BIDS WERE SUBMITTED. CONTRACTOR WAS SELECTED THROUGH NORMAL COURSE OF REVIEW AND EVALUATION OF THOSE BIDS. 0 DON RINGLER TRUSTEE / BUSINESS OWNER DON RINGLER CHEVROLET 1668 AUTOMOTIVE REPAIRS, LOCAL DEALERSHIP 0 SCHEDULE L, PART III SCHEDULE L, PART III, GRANTS OR ASSISTANCE BENEFITTING INTERESTED PERSONSA NEED BASED SCHOLARSHIP/GRANT WAS AWARDED TO ONE TRUSTEE'SRELATIVE IN THE NORMAL COURSE OF SCHOLARSHIP GUIDELINES.A NON-NEED BASED SCHOLARSHIP/GRANT WAS AWARDED TO TWO TRUSTEES'RELATIVES IN THE NORMAL COURSE OF SCHOLARSHIP GUIDELINES.DISCOUNTED TUITION WAS AWARDED TO FOUR OFFICER/OFFICERS' RELATIVESACCORDING TO TUITION REMISSION BENEFITS OFFERED TO ALL FULL-TIMEFACULTY AND STAFF. X 1 3650 SALE OF COMPARABLE ITEM X 1 926 SALE OF COMPARABLE ITEM X 1 40000 EXTERNAL APPRAISAL X EQUIPMENT AND SUPPLIES 2 44310 FMV X ACADEMIC EQUIPMENT AND SUPPLIES 5 15380 SALE OF COMPARABLE I 0 1 0 FORM 990, PART VI, SECTION A, LINE 7A THE UMHB BOARD OF TRUSTEES IS COMPRISED OF 37 MEMBERS. 18 MEMBERS ARE ELECTED BY THE UMHB BOARD OF TRUSTEES AND 19 MEMBERS ARE ELECTED BY THE BAPTIST GENERAL CONVENTION OF TEXAS. TRUSTEES ELECTED BY THE BGCT ARE NOMINATED AND ELECTED IN ACCORDANE WITH BGCT'S BYLAWS AT ITS FALL CONVENTION EACH YEAR. ELECTED TRUSTEES ASSUME THEIR OFFICE ON THE FOLLOWING JANUARY AND SERVE FOR A THREE YEAR TERM. FORM 990, PART VI, SECTION B, LINE 11B THE INFORMATION AND SUPPORTING SCHEDULES FOR THE TAX RETURN ARE PREPARED BY THE UNIVERSITY'S STAFF. THE UNIVERSITY'S CPA FIRM CONSOLIDATES THE DATA AND PREPARES THE TAX RETURN. IT IS THEN REVIEWED BY THE UNIVERSITY'S VP FOR BUSINESS AND FINANCE. PRIOR TO FILING, FORM 990 IS PROVIDED TO THE EXECUTIVE COMMITTEE AND AUDIT SUB-COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C WRITTEN CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE REQUIRED FOR ALL TRUSTEES, UNIVERSITY OFFICERS AND KEY EMPLOYEES. ALL DISCLOSURE STATEMENTS ARE REVIEWED BY THE BOARD CHAIR AND ADMINISTRATION. ALL POTENTIAL CONFLICTS OF INTEREST ARE RAISED BY OFFICERS, TRUSTEES AND KEY EMPLOYEES IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY. DEPENDING ON THE POTENTIAL CONFLICT, RESTRICTIONS ARE ENFORCED TO ELIMINATE OR MITIGATE THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT IS REVIEWED, APPROVED AND DOCUMENTED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY. THE EXECUTIVE COMMITTEE UTILIZES COMPARABILITY DATA IN ITS REVIEW. THE COMPENSATION OF ALL OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE PRESIDENT. COMPENSATION DATA OF ALL OFFICERS AND KEY EMPLOYEES IS BENCHMARKED ON A PERIODIC BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN POST RETIREMENT BENEFIT -542,485. CHANGE IN PRESENT VALUE OF ANNUITY -30,547. LOSS ON DISPOSAL OF ASSET -13,740. UNIVERSITY OF MARY HARDIN-BAYLOR FOUNDATION 900 COLLEGE STREET BOX 8003 BELTON TX 76513 742052543 SUPPORT PLANT FUND OF THE UNIVERSITY OF MARY-HARDIN BAYLOR TX 501(C)(3) LINE 12D, III-O UNIVERSITY OF MARY HARDIN-BAYLOR 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 UNIVERSITY OF MARY HARDIN - BAYLOR FOUNDATION C 125000 CASH GIFT