2019-04-04T09:00:07-05:00 2018-05-31 366055558 Grant Thornton LLP 757 Third Ave 9th Floor New York NY 100172013 990 2017-06-01 741159753 Baylor University BAYL 2547103731 One Bear Place 97043 Waco TX 767987043 Susan Anz Vice President of Finance 2019-04-04 true Daniel Romano P00504182 2125990100 2017 2019-02-21 02:37:17Z Linda Livingstone One Bear Place 97096 Waco TX 767987096 1038792303 false X www.baylor.edu X 1845 TX The mission of Baylor University is to educate men and women for worldwide leadership and service by integrating academic excellence and Christian commitment within a caring community. 40 27 10063 2500 -850965 -2207689 76704741 70103046 838909120 864781246 71735615 76778035 5503190 6165896 992852666 1017828223 295605015 321728661 0 375420249 384101332 332943 406467 17242401 286989664 279821957 958347871 986058417 34504795 31769806 2726191389 2801673372 877976101 857226193 1848215288 1944447179 X The mission of Baylor University is to educate men and women for worldwide leadership and service by integrating academic excellence and Christian commitment within a caring community. false false 587893869 311585408 661626336 Baylor University stands as one of the premier institutions of higher education in the world. Chartered in 1845 by the Republic of Texas and affiliated with the Baptist General Convention of Texas, the University is the oldest continuously operating institution of higher learning in the State of Texas. As part of fulfilling Baylor's mission of instructing and educating men and women for worldwide leadership and service, Baylor pursues initiatives such as lower student-faculty ratio (14:1), smaller class size (average class size is 26), research opportunities for undergraduates, and great facilities for learning and living. Baylor's more than 16,000 students typically come from all 50 states, the District of Columbia, and more than 86 countries around the world. The University offers 129 baccalaureate, 72 master's, 39 doctoral, 12 online graduate professional programs, and the juris doctor degree programs through 12 academic units. The University also equips students with both knowledge and experience to pursue God's call to ministry by offering 3 master degrees and 2 doctorate degrees through Truett Seminary. Additionally, the University conducts graduate programs with the U.S. Army at several U.S. Army locations across the United States. Students find the best of a large university through exceptional breadth and depth of programs along with extraordinary personal attention for the individual student. Baylor students garner competitive scholarships such as Fulbright, Truman, Goldwater, Rotary, Critical Language, and National Science Foundation Graduate Fellowships. Approximately 92% of Baylor undergraduate students receive financial assistance. Named by The Chronicle of Higher Education as a "Great College to Work For" for the past seven years, Baylor consistently ranks in the top 100 national doctoral granting universities by U.S. News & World Report, as a "Best Buy" by The Fiske Guide to Colleges, and a "Best Value" by Kiplinger's Personal Finance. 160178782 6788677 55638528 BAYLOR UNIVERSITY'S STUDENT SERVICES AND ACTIVITIES CONTRIBUTE TO STUDENTS' SPIRITUAL, SOCIAL AND PHYSICAL WELL-BEING. STUDENT SERVICES AND ACTIVITIES INCLUDE AREAS SUCH AS CAREER GUIDANCE, JOB PLACEMENT UPON GRADUATION, ENROLLMENT MANAGEMENT, STUDENT FINANCIAL AID, STUDENT ACTIVITIES, STUDENT ORGANIZATIONS, INTRAMURALS, HEALTH CENTER, Beauchamp Addiction Recovery Center, AND INTERCOLLEGIATE ATHLETICS. 56942731 44416 4165907 BAYLOR UNIVERSITY PROVIDES ACADEMIC SUPPORT SERVICES FOR THE PRIMARY MISSIONS OF INSTRUCTION, RESEARCH AND PUBLIC SERVICE. ACADEMIC SUPPORT SERVICES INCLUDE AREAS SUCH AS LIBRARIES, TECHNOLOGY SUPPORT, MUSEUMS AND SERVICES THAT DIRECTLY ASSIST INSTRUCTIONAL ACTIVITIES. 75816761 3310160 143350475 OTHER EXPENSES CONTAINED HEREIN ARE COMPRISED OF THE FOLLOWING: RESEARCH, PUBLIC SERVICES, AND AUXILIARY ENTERPRISES. BAYLOR ENGAGES IN RESEARCH WORK SPONSORED BY NUMEROUS FEDERAL, STATE, AND LOCAL AGENCIES AND PRIVATE ENTITIES. ADDITIONALLY, BAYLOR PROVIDES NON-INSTRUCTIONAL SERVICES THAT BENEFIT INDIVIDUALS AND GROUPS EXTERNAL TO BAYLOR. AUXILIARY ENTERPRISES ARE COMPRISED GENERALLY OF THE FOLLOWING ITEMS: RESIDENCE HALLS, DINING SERVICES, BOOKSTORE, RENTAL PROPERTIES AND VENDING SERVICES. 75816761 3310160 143350475 880832143 true true false true true false true true true true true false false true true false true true true true true false true true false false true true true true false false false false false false true false true true true true false false true true true true false false true 23543 0 true 10063 true true true true SP UK CJ false false false true true true false false false X 40 27 true false true false false true true true true false false true true true true true true true true true true CO GA KY AK MD MA MI NH OH OK OR SC X X Susan Anz 2547103731 700 S University Parks Dr Ste 670 Waco TX 767061003 Jeff D Reeter Regent 5.0 0.5 X 302 0 0 Linda Brian Regent 2.9 X 107 0 0 C Clifton Robinson Regent 2.0 1.0 X 134 0 0 Milton Hixson Regent 9.0 X 466 0 0 Mark A McCollum Regent 2.0 X 134 0 0 Jerry K Clements Regent 5.0 X 107 0 0 James Cary Gray Regent 10.0 X 144 0 0 Miles Jay Allison Regent 2.0 X 134 0 0 Philip W Stewart Regent 10.0 X 134 0 0 Jennifer Walker Elrod Regent 3.0 X 118 0 0 Robert E Beauchamp Regent 2.0 X 134 0 0 Joel T Allison Regent 10.0 X 134 0 0 WD Dan Hord III Regent 15.0 X 134 0 0 David Harlan Harper Regent 5.0 X 382 0 0 William K Robbins Jr Regent 5.0 X 134 0 0 Ronald L Wilson Regent 2.0 X 134 0 0 Ronald Dean Murff Regent 5.0 X 326 0 0 Kenneth Q Carlile Regent 2.0 X 148 0 0 Shelley Giglio Regent 5.0 X 107 0 0 Larry P Heard Regent 4.0 X 134 0 0 Randolph L Pullin Regent 5.0 X 134 0 0 Mark Hurd Regent 4.0 X 134 0 0 Neal Jeffrey Regent 3.0 0.5 X 134 0 0 Mark E Lovvorn Regent 5.0 X 148 0 0 Dennis Ray Wiles Regent 2.0 X 4134 0 0 William Bill S Simon Regent 5.0 X 18134 0 0 Kim Stevens Regent 3.0 1.0 X 107 0 0 Daniel H Chapman Regent 20.0 X 158 0 0 Wayne Fisher Regent 6.0 X 134 0 0 Mark Rountree Regent 5.0 X 134 0 0 Julie Hermansen Turner Regent 3.0 X 107 0 0 Gaynor Yancey Regent 40.0 X 131997 0 22478 Andrea Dixon Regent 60.0 X 248025 0 34795 William Brett Beene Regent 6.0 X 302 0 0 Jill Manning Regent 3.0 X 61 0 0 Drayton McLane Jr Regent 1.0 X 134 0 0 Melissa Purdy Mines Regent 2.0 X 90 0 0 Alicia DH Monroe Regent 2.0 X 61 0 0 Dusty Sanderson Regent 2.0 X 90 0 0 Gordon Wilkerson Regent 5.0 X 104 0 0 Marsha Duckworth Senior Director for Board and Legal Services; Assistant Secretary 50.0 X 105688 0 19682 Kevin Jackson Vice President for Student Life 50.0 X 238262 0 48914 Linda Livingstone President 70.0 2.0 X 515555 0 153281 Tommye Lou Davis Vice President for Constituent Engagement 70.0 X 244541 0 46786 Roy Brian Webb Vice President & Chief Investment Officer 45.0 X 633536 0 46765 Felicia Cruz Director of Legal International Services; Assistant Secretary 40.0 X 61064 0 14736 Gary Carini Acting Vice Provost 55.0 X 316070 0 50341 Reagan Ramsower Senior Vice President & Chief Operating Officer 50.0 X 477129 0 50668 Brian Nicholson Vice President for Operations and Facilities 55.0 X 300975 0 49093 Juan Alejandro Jr Vice President of Governance & Risk 50.0 X 221012 0 41869 Judy Carpenter Dir. of Board & Presidential Operations & Assist. to President's Chief of Staff; Assist. Secretary 45.0 X 68539 0 29615 Chris Holmes General Counsel & Chief Legal Officer and Corporate Secretary 50.0 X 347733 0 104354 Dave Rosselli Vice President for University Development 60.0 1.0 X 408654 0 49370 L Gregory Jones Executive Vice President and Provost 60.0 X 522871 0 29541 Susan Anz Vice President for Financial Operations and Assistant Secretary 50.0 X 226368 0 89526 Michelle Berry Vice President for Academic Operations and Strategic Finance 45.0 X 191476 0 41176 Jason Cook Vice President for Marketing & Communications and Chief Marketing Officer 65.0 1.0 X 337309 0 50735 Darin Davis Vice President for University Mission 55.0 X 170037 0 41755 Robyn Driskell Chief of Staff to the President and Vice President for Board Relations 50.0 X 235327 0 25730 Cheryl Gochis Vice President for Human Resources and Chief Human Resources Officer 60.0 X 254075 0 41214 Mack Rhoades IV Vice President and Director of Athletics 70.0 X 2656506 0 249146 Michael McLendon Interim Provost 60.0 X 285655 0 49838 Gary Mortenson Acting Vice Provost 45.0 X 184648 0 40508 Kristy Orr Board Professional 50.0 X 26727 0 0 Lee Nordt Dean of Arts & Sciences 75.0 X 268175 0 48542 Kim Mulkey Head Women's Basketball Coach 60.0 X 2447584 0 43296 Muadianvita Kazadi Associate Athletics Director for Athletic Performance 75.0 X 1004465 0 37422 Phillip Snow Defensive Coordinator Football 75.0 X 1003389 0 48864 Matthew Rhule Head Football Coach 75.0 X 7253233 0 49299 Scott Drew Head Men's Basketball Coach 72.0 X 3254344 0 49091 Todd Still Interim Executive Vice President and Provost - Former Officer 70.0 X 194117 0 151405 Kenneth L Hall Senior Vice President for University Development and Strategic Initiatives - Former Officer X 347296 0 0 PATTIE ORR VICE PRESIDENT FOR INFORMATION TECHNOLOGY & DEAN OF UNIVERSITY LIBRARIES - Former Officer 65.0 1.0 X 154297 0 22656 KAREN E KEMP INTERIM VICE PRESIDENT FOR MARKETING AND COMMUNICATIONS - Former Officer 50.0 X 162196 0 33843 DAVID GARLAND INTERIM PRESIDENT - Former Officer 50.0 X 394646 0 113741 25921368 0 2020075 678 true true true ARAMARK HIGHER EDUCATION FACILITIES 24818 NETWORK PLACE CHICAGO IL 606731248 FACILITY MAINTENANCE 41322325 ARAMARK CAMPUS SERVICES PO BOX 840706 DALLAS TX 752840706 DINING SERVICES 19407190 JT Vaughn Construction 10355 Westpark Drive Houston TX 77042 CONSTRUCTION SERVICES 8334416 The Whiting Turner Contracting Co 2301 W Plano Parkway Suite 104 Plano TX 75075 CONSTRUCTION SERVICES 5844099 EBSCO Publishing Payment Processing Center PO Box 204661 Dallas TX 753204661 Library and Publishing Services 2590696 177 X 0 5564003 1135177 201664 10517025 52685177 10677337 70103046 Tuition and Fees 611310 720218241 720218241 0 0 Education and Grants 611310 28502779 28338706 164073 0 Room and Board 611310 42131700 42131700 0 0 Government Contracts 611310 14428868 14428868 0 0 Athletics 611310 47590635 46078306 467659 1044670 11909023 11084016 587739 237268 864781246 73528990 -2113074 75642064 0 0 0 0 6047272 0 42638 6004634 350470 0 0 0 350470 0 350470 0 0 350470 15128812 8423417 12939161 7364023 2189651 1059394 3249045 0 0 3249045 429050 1135177 660896 -231846 -231846 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1017828223 862279837 -850965 86296305 3753894 3753894 317838567 317838567 136200 136200 0 0 10261338 2884998 5707827 1668513 2267345 1721260 368578 177507 296531480 275254958 13376142 7900380 25071243 21250475 3052330 768438 32639698 9504038 22606170 529490 17330228 14423312 2338955 567961 569566 569566 4905805 40719 4865086 295412 295412 318000 318000 406467 406467 5581761 5581761 46870792 19206958 27193894 469940 3211100 1987890 1182673 40537 25779755 23097883 1307044 1374828 29671665 18746019 10662750 262896 210030 196708 13322 28120362 20707121 7365586 47655 23696305 22288351 770389 637565 0 0 0 0 10240803 7408086 1469991 1362726 25483887 23865365 1618522 0 0 0 0 0 60037267 55589706 3813062 634499 0 0 0 0 Change in Postretirement Benefits Obligation 780729 780729 Allocation of Costs Reported in Mgmt and Admin 0 30448524 -30796063 347539 Unrelated Business Income Tax 213173 213173 Cost of Goods Sold 3956229 2708653 1242589 4987 9879316 7202892 2635951 40473 986058417 880832143 87983873 17242401 2661830 2729076 124080116 156048123 72169012 54345174 61723892 65197377 0 0 0 0 320092 280360 771867 926418 5177571 6427112 1720171770 571271276 1175328698 1148900494 10493892 10988860 1263242750 1345957490 10221654 9872863 15 25 0 0 2726191389 2801673372 59004159 56202845 0 0 144776570 137061271 385197708 266503376 95538 20598 0 0 4081039 3638451 16320492 16022454 268500595 377777198 877976101 857226193 X 764587450 793459641 303446353 344781909 780181485 806205629 1848215288 1944447179 2726191389 2801673372 X 31769806 52130933 12331152 X false true X true true true X 96333453 106328092 92733411 76704741 70103046 442202743 0 0 0 0 0 0 0 0 0 0 0 0 96333453 106328092 92733411 76704741 70103046 442202743 16217101 425985642 68107517 72211303 77612235 78123017 79926732 375980804 0 0 0 0 0 0 1741462 1879150 2222271 2258845 1710988 9812716 827996263 3898943154 0.5145 0.5629 X Schedule A, Part I Selection of Line 2 and Completion of Public Support Test Baylor University has been recognized as a school described in Section 170(b)(1)(A)(ii), and as such, Baylor has checked Box 2 on Schedule A, Part I and completed Schedule E. Baylor University also satisfies the Public Support Test as described under Box 7 on Schedule A, Part I. Baylor has elected to complete Schedule A, Part II in order to qualify for the special rule for reporting contributions on Schedule B. Schedule A, Part II, Line 10 Other Income DESCRIPTION - SPONSORSHIP INCOME, COLUMN A - 1204200.0, COLUMN B - 1246503.0, COLUMN C - 1579446.0, COLUMN D - 1618351.0, COLUMN E - 1044670.0, COLUMN F - 6693170.0; DESCRIPTION - RENT INCOME, COLUMN A - 311989.0, COLUMN B - 459003.0, COLUMN C - 0.0, COLUMN D - 246445.0, COLUMN E - 0.0, COLUMN F - 1017437.0; DESCRIPTION - GROSS INCOME FROM FUNDRAISING EVENTS, COLUMN A - 225273.0, COLUMN B - 173644.0, COLUMN C - 642825.0, COLUMN D - 394049.0, COLUMN E - 429050.0, COLUMN F - 1864841.0; DESCRIPTION - COMMISSIONS, COLUMN A - 0.0, COLUMN B - 0.0, COLUMN C - 0.0, COLUMN D - 0.0, COLUMN E - 237268.0, COLUMN F - 237268.0; true true false true 0 false true 318000 true 226179 false true 0 544179 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY INSTITUTIONAL LOBBYING ACTIVITIES WERE DIRECTED BOTH INTERNALLY AND BY AN OUTSIDE GOVERNMENTAL RELATIONS FIRM AND TWO INDEPENDENT CONTRACTORS. THE OFFICE OF GOVERNMENTAL RELATIONS MAINTAINED CONTACT WITH LOCAL, STATE, AND FEDERAL OFFICIALS THROUGH MEETINGS IN WACO, AUSTIN, AND WASHINGTON, D.C. TO DISCUSS MATTERS RELATING TO HIGHER EDUCATION, INCLUDING STUDENT FINANCIAL AID, TAX POLICY, FEDERAL RESEARCH FUNDING, STATE FUNDING FOR DEVELOPMENT OF TECHNOLOGICAL INFRASTRUCTURE, AND MISCELLANEOUS LOCAL MATTERS. A VOLUNTEER STUDENT ORGANIZATION, THE BAYLOR AMBASSADORS, WORKED CLOSELY WITH THE OFFICE OF GOVERNMENTAL RELATIONS AND ASSISTED IN ADVOCATING TO THE STATE LEGISLATURE AND U.S. CONGRESS ON ISSUES BENEFICIAL TO BAYLOR STUDENTS SUCH AS FINANCIAL AID PROGRAMS. THE UNIVERSITY ALSO HIRED AN OUTSIDE REGISTERED GOVERNMENTAL RELATIONS REPRESENTATIVE IN WASHINGTON, D.C. THIS REPRESENTATIVE ENGAGED IN SIMILAR ACTIVITIES NOTED ABOVE. BAYLOR ANSWERED "YES" ON LINE 1D AS THE UNIVERSITY DID SEND E-MAILS; HOWEVER, THE UNIVERSITY REPORTED AN EXPENSE OF ZERO DUE TO THE DIFFICULTY OF APPORTIONING THE INSIGNIFICANT COSTS ASSOCIATED WITH SUCH E-MAILINGS. BAYLOR ANSWERED "YES" ON LINE 1I AS BAYLOR PAID MEMBERSHIP DUES TO THE INDEPENDENT COLLEGES AND UNIVERSITIES OF TEXAS, THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES, THE AMERICAN COUNCIL ON EDUCATION AND THE NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS IN THE AMOUNT OF $199,699 DURING THE FISCAL YEAR. THESE DUES WERE PAID TO ORGANIZATIONS WHICH MAY HAVE ENGAGED IN SOME LOBBYING ACTIVITIES. HOWEVER, NO DUES WERE SPECIFICALLY ALLOCATED TO LOBBYING COSTS ON THE INVOICES RECEIVED FOR ALL OF THE ENTITIES EXCEPT THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (NAICU). NAICU ESTIMATED THAT 7 PERCENT OF MEMBERSHIP DUES WOULD BE USED FOR LOBBYING. THE TOTAL AMOUNT SPENT BY BAYLOR ON LOBBYING ACTIVITIES REPRESENTED AN INSIGNIFICANT PORTION OF THE UNIVERSITY'S TOTAL EXPENDITURES. Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY INSTITUTIONAL LOBBYING ACTIVITIES WERE DIRECTED BOTH INTERNALLY AND BY AN OUTSIDE GOVERNMENTAL RELATIONS FIRM AND TWO INDEPENDENT CONTRACTORS. THE OFFICE OF GOVERNMENTAL RELATIONS MAINTAINED CONTACT WITH LOCAL, STATE, AND FEDERAL OFFICIALS THROUGH MEETINGS IN WACO, AUSTIN, AND WASHINGTON, D.C. TO DISCUSS MATTERS RELATING TO HIGHER EDUCATION, INCLUDING STUDENT FINANCIAL AID, TAX POLICY, FEDERAL RESEARCH FUNDING, STATE FUNDING FOR DEVELOPMENT OF TECHNOLOGICAL INFRASTRUCTURE, AND MISCELLANEOUS LOCAL MATTERS. A VOLUNTEER STUDENT ORGANIZATION, THE BAYLOR AMBASSADORS, WORKED CLOSELY WITH THE OFFICE OF GOVERNMENTAL RELATIONS AND ASSISTED IN ADVOCATING TO THE STATE LEGISLATURE AND U.S. CONGRESS ON ISSUES BENEFICIAL TO BAYLOR STUDENTS SUCH AS FINANCIAL AID PROGRAMS. THE UNIVERSITY ALSO HIRED AN OUTSIDE REGISTERED GOVERNMENTAL RELATIONS REPRESENTATIVE IN WASHINGTON, D.C. THIS REPRESENTATIVE ENGAGED IN SIMILAR ACTIVITIES NOTED ABOVE. BAYLOR ANSWERED "YES" ON LINE 1D AS THE UNIVERSITY DID SEND E-MAILS; HOWEVER, THE UNIVERSITY REPORTED AN EXPENSE OF ZERO DUE TO THE DIFFICULTY OF APPORTIONING THE INSIGNIFICANT COSTS ASSOCIATED WITH SUCH E-MAILINGS. BAYLOR ANSWERED "YES" ON LINE 1I AS BAYLOR PAID MEMBERSHIP DUES TO THE INDEPENDENT COLLEGES AND UNIVERSITIES OF TEXAS, THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES, THE AMERICAN COUNCIL ON EDUCATION AND THE NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS IN THE AMOUNT OF $199,699 DURING THE FISCAL YEAR. THESE DUES WERE PAID TO ORGANIZATIONS WHICH MAY HAVE ENGAGED IN SOME LOBBYING ACTIVITIES. HOWEVER, NO DUES WERE SPECIFICALLY ALLOCATED TO LOBBYING COSTS ON THE INVOICES RECEIVED FOR ALL OF THE ENTITIES EXCEPT THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (NAICU). NAICU ESTIMATED THAT 7 PERCENT OF MEMBERSHIP DUES WOULD BE USED FOR LOBBYING. THE TOTAL AMOUNT SPENT BY BAYLOR ON LOBBYING ACTIVITIES REPRESENTED AN INSIGNIFICANT PORTION OF THE UNIVERSITY'S TOTAL EXPENDITURES. 9 1386 630566 3906396 848801 13631381 X X X false false true X 1231712087 16756323 129408320 28020367 39075227 0 1310781136 1153535478 19132704 124774674 26758089 38972680 0 1231712087 1165548650 27079412 25227535 25512574 38807545 0 1153535478 1151200304 25809870 46784813 23296281 34950056 0 1165548650 1061156640 19901892 125557338 22164784 33250782 0 1151200304 0.2 0.59 0.21 true true true 4053704 77419738 81473442 1276178950 375753992 900424958 1431730 1063255 368475 162396602 107231541 55165061 198691046 87222488 111468558 1148900494 967038 F High Ground Managed Funds 151808523 F Assets Held by Others 44767606 F Baylor University Fund 1147528347 F Other 885976 F 1345957490 Conditional Asset Retirement Obligation 4638544 Annuities Payable 6062545 Accrued Postretirement Benefits 46391275 Taxable Bonds 310953193 Interest Rate Swap Liability 2241934 Federal Loan Funds Refundable 7489707 377777198 X Schedule D, Part III, Line 4 Collections of art - description of collections Baylor currently holds collections of art, books, and other memorabilia for educational purposes, including public exhibition and scholarly research. Schedule D, Part IV, Line 2b Explanation of escrow agreement The funds held represent the University acting in an agency capacity for various student and professional organizations, as well as outside scholarships. Schedule D, Part V, Line 4 Intended uses of endowment funds The primary objective of the Endowment portfolio is to preserve and enhance the real purchasing power of the portfolio assets to help maintain intergenerational equity of the corpus. This will occur while also providing reasonable annual support to Baylor. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote TAX STATUS & ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES The University is exempt from income tax under Section 501(a) of the Internal Revenue Code ("IRC") of 1986, as amended, as an organization described in section 501(c)(3) of the IRC as evidenced by its most recent determination letter dated May 23, 2002. The University has been classified as an organization that is not a private foundation because it qualifies under section 509(a)(1) as an educational institution, and donations to it qualify for deduction as charitable contributions. However, income generated from activities unrelated to the University's exempt purpose is subject to tax under IRC section 511. The University files unrelated business income tax and other returns as required by government authorities. Tax positions taken related to the University's tax exempt status, unrelated business income activities taxable income and deductibility of expenses, and other miscellaneous tax positions taken by the University would more likely than not be sustained by examination. Accordingly, the University has not recorded an income tax liability for uncertain tax benefits. As of May 31, 2018, the University's tax years ended May 31, 2015 through 2018, generally, remain subject to examination. true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY The University's nondiscrimination policy is disclosed in the admission application material and financial aid material provided to each prospective student. The University draws students both from large geographic sections of the United States and internationally and enrolls meaningful numbers of minority students. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT The University is a participant in student financial aid programs such as the Federal Perkins Loan, Federal PELL Grant, Federal Supplemental Educational Opportunity Grant, Federal GEAR UP, Federal Work Study, Texas Tuition Equalization Grant, and receives federal and state funding for research grants and contracts. true Central America and the Caribbean 0 0 Program Services STUDY ABROAD PROGRAMS/STUDENT GROUP TRIPS 157050 Central America and the Caribbean 0 0 Program Services MISSION TRIPS 344414 Central America and the Caribbean 0 0 Program Services EXCHANGE/AFFILIATION PROGRAMS 6582 Central America and the Caribbean 0 0 Program Services SITE VISITS 9570 Central America and the Caribbean 0 0 Program Services CONFERENCE/PAPER PRESENTATION/RESEARCH/TRAINING 19787 Central America and the Caribbean 0 0 Program Services INTERNATIONAL RECRUITMENT 5483 East Asia and the Pacific 0 0 Program Services STUDY ABROAD PROGRAMS/STUDENT GROUP TRIPS 519647 East Asia and the Pacific 0 0 Program Services EXCHANGE/AFFILIATION PROGRAMS 45459 East Asia and the Pacific 0 0 Program Services CONFERENCE/PAPER PRESENTATION/RESEARCH/TRAINING 87132 East Asia and the Pacific 0 0 Program Services SITE VISIT TO PARTNER INSTITUTIONS 5465 East Asia and the Pacific 0 0 Program Services INTERNATIONAL RECRUITMENT 25475 East Asia and the Pacific 0 0 Investments 15253452 Europe (Including Iceland and Greenland) 0 0 Program Services STUDY ABROAD PROGRAMS/STUDENT GROUP TRIPS 5777363 Europe (Including Iceland and Greenland) 0 0 Program Services EXCHANGE/AFFILIATION PROGRAMS 1108102 Europe (Including Iceland and Greenland) 0 0 Program Services CONFERENCE/PAPER PRESENTATION/RESEARCH/TRAINING/MEETINGS 447219 Europe (Including Iceland and Greenland) 0 0 Program Services BU PRESS AUTHOR MEETINGS 4288 Europe (Including Iceland and Greenland) 0 0 Program Services SITE VISITS 20140 Europe (Including Iceland and Greenland) 0 0 Program Services INTERNATIONAL RECRUITMENT 4774 Europe (Including Iceland and Greenland) 0 0 Program Services ATTEND EDUCATIONAL BOOK FAIR 7589 Europe (Including Iceland and Greenland) 0 0 Program Services SABBATICAL 3795 Europe (Including Iceland and Greenland) 0 0 Investments 36416662 Middle East and North Africa 0 0 Program Services STUDY ABROAD PROGRAMS/STUDENT GROUP TRIPS 327 Middle East and North Africa 0 0 Program Services INTERNATIONAL RECRUITMENT 4942 North America (Canada & Mexico only) 0 0 Program Services CONFERENCE/PAPER PRESENTATION/RESERCH/TRAINING 82378 North America (Canada & Mexico only) 0 0 Program Services MISSION TRIPS 41462 North America (Canada & Mexico only) 0 0 Program Services ATHLETICS - COMPETITION 33584 North America (Canada & Mexico only) 0 0 Investments 5100580 Russia and Neighboring States 0 0 Program Services EXCHANGE/AFFILIATION PROGRAMS 7500 South America 0 0 Program Services STUDY ABROAD PROGRAMS/STUDENT GROUP TRIPS 359247 South America 0 0 Program Services EXCHANGE/AFFILIATION PROGRAMS 12000 South America 0 0 Program Services CONFERENCE/PAPER PRESENTATION/RESEARCH/TRAINING 28963 South America 0 0 Program Services TEACHING 3956 Europe (Including Iceland and Greenland) 0 0 Program Services Commissions for BU Press Sales 1764 South Asia 0 0 Program Services CONFERENCE/PAPER PRESENTATION/RESEARCH/TRAINING 18575 South Asia 0 0 Program Services MISSION TRIPS 31117 Sub-Saharan Africa 0 0 Program Services STUDY ABROAD PROGRAMS/STUDENT GROUP TRIPS 92286 Sub-Saharan Africa 0 0 Program Services MISSION TRIPS 447664 Sub-Saharan Africa 0 0 Program Services CONFERENCE/PAPER PRESENTATION/RESEARCH/TRAINING 9251 Central America and the Caribbean 0 0 Investments 360875434 Sub-Saharan Africa 0 0 Program Services ATHLETICS - MBB COACHES CONVENTION 2004 East Asia and the Pacific 0 1 Program Services COMMISSIONS FOR BU PRESS SALES 1221 South America 0 0 Investments 461501 Middle East and North Africa 0 0 Program Services CONFERENCES/RESEARCH 27024 Central America and the Caribbean 0 0 Program Services ATHLETICS - WOMEN'S BASKETBALL TOURNAMENT 191995 South America 0 0 Program Services ATHLETICS - RECRUITING 2699 Middle East and North Africa 0 0 Program Services SITE/PARTNER VISIT 226 South Asia 0 0 Investments 1232747 South Asia 0 0 Program Services CONTRACT SURVEY COSTS (REEP GRANT) 56965 Europe (Including Iceland and Greenland) 0 0 Program Services BU Press License Advance Payments 12578 Europe (Including Iceland and Greenland) 0 0 Program Services ATHLETICS - RECRUITING 47706 Europe (Including Iceland and Greenland) 0 0 Program Services MISSIONS 129740 North America (Canada & Mexico only) 0 0 Program Services ATHLETICS - RECRUITING 22041 East Asia and the Pacific 0 1 Program Services COMMISSIONS FOR ADMISSIONS RECRUITING 46486 Russia and Neighboring States 0 0 Program Services CONFERENCE/RESEARCH 285 South Asia 0 0 Grantmaking 120200 Middle East and North Africa 0 0 Program Services TEACHING 1360 Antarctica 0 0 Program Services RESEARCH 1161 Central America and the Caribbean 0 0 Program Services TEACHING 1500 East Asia and the Pacific 0 0 Program Services MISSION TRIPS 81002 East Asia and the Pacific 0 0 Program Services INTERNSHIPS 945 East Asia and the Pacific 0 0 Program Services TEACHING 1814 East Asia and the Pacific 0 0 Program Services FIELD TRIP 1500 East Asia and the Pacific 0 0 Program Services SABBATICAL 3795 East Asia and the Pacific 0 0 Program Services FILMING FOR QEP GLOBAL BAYLOR 208 East Asia and the Pacific 0 0 Program Services ATHLETICS - COMPETITION 1692 East Asia and the Pacific 0 0 Program Services ATHLETICS - SPIRIT SQUAD PERFORMANCE 25662 Europe (Including Iceland and Greenland) 0 0 Grantmaking 16000 Europe (Including Iceland and Greenland) 0 0 Program Services Art Residency & Exhibition 6653 Europe (Including Iceland and Greenland) 0 0 Program Services Teaching 4714 Europe (Including Iceland and Greenland) 0 0 Program Services Attend Award Ceremony 3857 Europe (Including Iceland and Greenland) 0 0 Program Services Athletics - Competition 7004 North America (Canada & Mexico only) 0 0 Program Services Student Recruitment 4908 North America (Canada & Mexico only) 0 0 Program Services Author Book Launch - BU Press 1325 North America (Canada & Mexico only) 0 0 Program Services Performance Tour 1006 Russia and Neighboring States 0 0 Program Services Athletics - Recruiting 4239 South America 0 0 Program Services Athletics - Student Travel 342 South Asia 0 0 Program Services Field Trip 4308 South Asia 0 0 Program Services Site/Partner Visit 1935 Sub-Saharan Africa 0 0 Program Services Teach 310 Sub-Saharan Africa 0 0 Program Services Student Recruitment 1307 Sub-Saharan Africa 0 0 Program Services Externship 3333 0 0 0 2 0 2 23816488 406141288 429957776 South Asia Construction of Simulation Education & Research Center for nurse training. 120200 Wire Transfer Europe (Including Iceland and Greenland) Students participated in a University philanthropy lab course which teaches students about philanthropy, nonprofits and third sector. Students were required to research and direct contributions to entities serving a charitable purpose. 16000 Check 1 1 true false true true true true Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds University enters into a contract with the grant recipient that describes the recipient's responsibilities for the use of the grant funds. Under the terms of the contract, recipient is usually required to submit quarterly and final written progress reports to the Principal Investigator ("PI") or project director for the grant, and funds are normally paid to the recipient on a cost reimbursable basis. When the grant recipient submits an invoice for reimbursement, the PI is responsible for reviewing the invoice to ensure the expenditures are consistent with the established budget and with the work completed to date, prior to approving the amount for payment. Grant recipients subject to the U.S. Office of Management and Budget Uniform Grant Guidance are also required to provide certification of their compliance with the financial audit requirements of those guidelines prior to receiving funds. Thereafter, the University requests an annual certification of continuing compliance and a copy of their most recent audit report. If any of the above processes indicate an area of concern, site visits may be conducted by the University to review the programmatic and/or financial records. In some situations, the University will provide an advancement of funds to grant recipient. The grant recipient then submits a monthly expense packet to the PI in which Accounting reviews for reasonableness and recognizes the month's expense activity accordingly. Additionally, the University contracts with an outside accounting firm to conduct a review of foreign expenses incurred under the grant. Schedule F, Part I, Line 3(f) DESCRIPTION OF METHOD USED TO ACCOUNT FOR EXPENDITURES ON F/S THE UNIVERSITY RECORDS EXPENSES BASED UPON THE ACCRUAL BASIS OF ACCOUNTING IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES SET FORTH BY THE FINANCIAL ACCOUNTING STANDARDS BOARD IN FINANCIAL REPORTING. Schedule F, Part I, Line 2 PROCEDURES FOR MONITORING USE OF GRANT FUNDS University enters into a contract with the grant recipient that describes the recipient's responsibilities for the use of the grant funds. Under the terms of the contract, recipient is usually required to submit quarterly and final written progress reports to the Principal Investigator ("PI") or project director for the grant, and funds are normally paid to the recipient on a cost reimbursable basis. When the grant recipient submits an invoice for reimbursement, the PI is responsible for reviewing the invoice to ensure the expenditures are consistent with the established budget and with the work completed to date, prior to approving the amount for payment. Grant recipients subject to the U.S. Office of Management and Budget Uniform Grant Guidance are also required to provide certification of their compliance with the financial audit requirements of those guidelines prior to receiving funds. Thereafter, the University requests an annual certification of continuing compliance and a copy of their most recent audit report. If any of the above processes indicate an area of concern, site visits may be conducted by the University to review the programmatic and/or financial records. In some situations, the University will provide an advancement of funds to grant recipient. The grant recipient then submits a monthly expense packet to the PI in which Accounting reviews for reasonableness and recognizes the month's expense activity accordingly. Additionally, the University contracts with an outside accounting firm to conduct a review of foreign expenses incurred under the grant. X X X X X X X true RUFFALO NOEL LEVITZ 65 KIRKWOOD N RD SW PO BOX 3018 CEDAR RAPIDS IA 524063018 ON CAMPUS PHONE MANAGEMENT false 348687 304520 44167 EAB Royall & Company - Advancement Services Inc 1920 East Parham Road Richmond VA 23228 ADVANCEMENT MARKETING SERVICES false 200000 94239 105761 548687 398759 149928 CA CO CT FL GA AL HI IL KS KY LA ME AK MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA AR WA WV WI NURSING SCHOOL GALA 1065409 940818 124591 0 0 16265 77973 47053 154199 BEARATHON 124871 13863 111008 4500 0 1000 309 5945 97665 14 373947 180496 193451 0 16282 64173 89465 6328 79739 1564227 1135177 429050 4500 16282 81438 167747 59326 331603 660896 -231846 Schedule G, Part I, Line 2b(v) Fundraising Expenses Baylor did not enter into any arrangements in which payments were made exclusively for fundraising expenses but not for professional services. Schedule G, Part I, Line 2b(v) payment of fees or payment of expenses EAB ROYALL & COMPANY - ADVANCEMENT SERVICES, INC.-THE CONTRACT BETWEEN BAYLOR UNIVERSITY AND EAB ROYALL & COMPANY - ADVANCEMENT SERVICES, INC. BREAKS DOWN THE INVOICED PAYMENTS BETWEEN PROGRAM COST $74,938, AND POSTAGE $19,301.; true All Hands Volunteers Inc 6 County Road Ste 6 Mattapoisett MA 02739 203414952 501(c)(3) 16000 STUDENTS PARTICIPATED IN A UNIVERSITY PHILANTHROPY LAB COURSE WHICH TEACHES STUDENTS ABOUT PHILANTHROPY, NONPROFITS AND THE THIRD SECTOR. STUDENTS WERE REQUIRED TO RESEARCH AND DIRECT CONTRIBUTIONS TO 501(C)(3) NON-PROFITS. Alpha Phi Alpha Fraternity Inc ONE BEAR PLACE 85533 WACO TX 76798 747302997 501(c)(7) 16499 GRANT TO SUPPORT STUDENT ORGANIZATION Alpha Tau Omega ONE BEAR PLACE 85595 WACO TX 76798 510219896 501(c)(7) 11727 GRANT PROVIDED TO SUPPORT STUDENT ORGANIZATION GREATER WACO LEGAL SERVICES PO BOX 689 WACO TX 76703 814815182 501(c)(3) 6000 STUDENTS PARTICIPATED IN A UNIVERSITY PHILANTHROPY LAB COURSE WHICH TEACHES STUDENTS ABOUT PHILANTHROPY, NON PROFITS AND THE THIRD SECTOR. STUDENTS WERE REQUIRED TO RESEARCH AND DIRECT CONTIBUTIONS TO 501(C)(3) NON-PROFITS. Baylor Women in Business ONE BEAR PLACE 98015 WACO TX 76798 741159753 501(c)(3) 19852 GRANT PROVIDED TO SUPPORT STUDENT ORGANIZATION. HISPANIC STUDENT ASSOCIATION ONE BEAR PLACE 85628 WACO TX 76798 742629170 17931 GRANT PROVIDED TO SUPPORT STUDENT ORGANIZATION. BAYLOR KOREAN STUDENT ASSOCATION ONE BEAR PLACE 97244 WACO TX 76798 743324233 5590 GRANT PROVIDED TO SUPPORT STUDENT ORGANIZATION INTERFRATERNITY COUNCIL ONE BEAR PLACE 97074 WACO TX 76798 9907 GRANT PROVIDED TO SUPPORT STUDENT ORGANIZATION. COMMUNITY CANCER ASSOCIATION PO BOX 5002 WACO TX 76708 746061914 501(C)(3) 5500 STUDENTS PARTICIPATED IN A UNIVERSITY LAB COURSE WHICH TEACHES STUDENTS ABOUT PHILANTHROPY, NONPROFITS AND THE THIRD SECTOR. STUDENTS WERE REQUIRED TO RESEARCH AND DIRECT CONTRIBUTIONS TO 501(C)(3) NON-PROFITS. KARAM FOUNDATION 230 NORTHGATE ST 742 LAKE FOREST IL 60045 371548241 501(C)(3) 16000 STUDENTS PARTICIPATED IN A UNIVERSITY PHILANTHROPY LAB COURSE WHICH TEACHEES STUDENTS ABOUT PHILANTHROPY, NONPROFITS AND THE THIRD SECTOR. STUDENTS WERE REQUIRED TO RESEARCH AND DIRECT CONTRIBUTIONS TO 501(C)(3) NON-PROFITS. FUZZY FRIENDS RESCUE PO BOX 2028 WACO TX 76702 752699210 501(C)(3) 9500 EVENT SPONSORSHIP GREATER HOUSTON COMMUNITY FOUNDATION 515 POST OAK BLVD STE 1000 HOUSTON TX 77027 237160400 501(C)(3) 11015 EVENT SPONSORSHIP AMERICAN CATHOLIC PHILOSOPHICAL ASSOCIATION 3800 MONTROSE BLVD HOUSTON TX 77006 530239094 501(C)(3) 9000 GRANT TO SUPPORT NON-PROFIT ORGANIZATION HILLCREST BAPTIST MEDICAL CENTER 2401 S 31ST ST TEMPLE TX 76508 741161944 501(C)(3) 7000 STUDENTS PARTICIPATED IN A UNIVERSITY PHILANTHROPY LAB COURSE WHICH TEACHES STUDENTS ABOUT PHILANTHROPY, NONPROFITS AND THE THIRD SECTOR. STUDENTS WERE REQUIRED TO RESEARCH AND DIRECT CONTRIBUTIONS TO 501(C)(3) NON-PROFITS. AACSB INTERNATIONAL - THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSI NESS 777 S HARBOUR ISLAND BLVD STE 750 TAMPA FL 33602 436036286 501(c)(3) 10000 ANNUAL SPONSORSHIP COMMITMENT COMMUNITIES IN SCHOOLS OF THE HEART OF TEXAS 1001 WASHINGTON AVE WACO TX 76701 742563411 501(C)(3) 15000 STUDENTS PARTICIPATED IN A UNIVERSITY PHILANTHROPY LAB COURSE WHICH TEACHES STUDENTS ABOUT PHILANTHROPY, NON PROFITS AND THE THIRD SECTOR. STUDENTS WERE REQUIRED TO RESEARCH AND DIRECT CONTRIBUTIONS TO 501(C)(3) NON-PROFITS. KAPPA ALPHA ORDER DELTA OMEGA CHAPTER ONE BEAR PLACE 85581 WACO TX 76798 320487153 501(C)(7) 7834 GRANT PROVIDED TO SUPPORT STUDENT ORGANIZATION. DELTA DELTA DELTA 1919 S 16TH ST 14951 DALLAS PKWY 500 DALLAS TX 75254 741923983 501(C)(7) 8700 GRANT PROVIDED TO SUPPORT STUDENT ORGANIZATION. NATIONAL HISPANIC HEALTH FOUNDATION 1920 l ST NW STE 725 WASHINGTON DC 20036 260051902 501(C)(3) 5250 GRANT PROVIDED TO SUPPORT SCHOLARSHIP PHI BETA SIGMA ONE BEAR PLACE 97520 WACO TX 76798 111709989 501(C)(7) 8000 GRANT PROVIDED TO SUPPORT STUDENT ORGANIZATION. PHI GAMMA DELTA ONE BEAR PLACE 85602 WACO TX 76798 510214193 501(C)(10) 6000 GRANT PROVIDED TO SUPPORT STUDENT ORGANIZATION. PI BETA PHI FRATERNITY TEXAS ZETA CHAPTER PO BOX 85618 WACO TX 76798 510229191 501(C)(7) 8500 GRANT PROVIDED TO SUPPORT STUDENT ORGANIZATION. SIGMA CHI 1714 HINMAN AVE EVANSTON IL 60201 361773960 501(C)(7) 5750 GRANT PROVIDED TO SUPPORT STUDENT ORGANIZATION. SKILLPOINT ALLIANCE 201 E 2ND ST STE B AUSTIN TX 78701 742704188 501(C)(3) 7000 STUDENTS PARTICIPATED IN A UNIVERSITY PHILANTHROPY LAB COURSE WHICH TEACHES STUDENTS ABOUT PHILANTHROPY, NONPROFITS AND THE THIRD SECTOR. STUDENTS WERE REQUIRED TO RESEARCH AND DIRECT CONTRIBUTIONS TO 501(C)(3) NON-PROFITS. TEXAS ACCESS TO JUSTICE FOUNDATION PO BOX 12886 AUSTIN TX 78711 742354575 501(C)(3) 5450 SPONSORSHIP TO SUPPORT NON-PROFIT ORGANIZATION. THE INDIAN SUBCONTINENT STUDENT PO BOX 85629 WACO TX 76798 742644724 10221 GRANT PROVIDED TO SUPPORT STUDENT ORGANIZATION. UNITED STATE ASSOCIATION FOR SMALL BUSINESS AND ENTREPRENEURSHIP 800 W MAIN ST WHITEWATER WI 531901705 521287170 501(C)(3) 15000 EVENT SPONSORSHIPS WACO CHAMBER OF COMMERCE PO BOX 1220 WACO TX 76703 740967440 501(C)(6) 63550 ECONOMIC AND COMMERCIAL DEVELOPMENT; SPONSORSHIPS UNIVERSITY OF CALIFORNIA SAN DIEGO 9500 GILMAN DRIVE LA JOLLA CA 920930009 956006144 STATE OF CALIFORNIA 9405 SUBCONTRACT - RESEARCH UNIVERSITY OF TEXAS-SOUTHWESTERN MEDICAL CENTER 5323 HARRY HINES BLVD DALLAS TX 753909020 756002866 STATE OF TEXAS 66953 SUBCONTRACT - RESEARCH JOHNS HOPKINS UNIVERSITY 3400 N CHARLES STREET BALTIMORE MD 212182608 520595110 501(C)(3) 12755 SUBCONTRACT - RESEARCH TEXAS A&M UNIVERSITY 400 HAVEY MITCHELL PARKWAY SOUTH SUITE 300 COLLEGE STATION TX 778454375 746000531 STATE OF TEXAS 65125 SUBCONTRACT-RESEARCH UNIVERSITY OF PITTSBURGH 3100 CATHEDRAL OF LEARNING PITTSBURGH PA 15260 250965591 501(C)(3) 59083 SUBCONTRACT - RESEARCH SCOTT & WHITE MEMORIAL HOSPITAL 4236 LOWES DR TEMPLE TX 765023517 741166904 501(C)(3) 24810 SUBCONTRACT - RESEARCH UNIVERSITY OF MICHIGAN 1000 VICTORS WAY SUITE 1A ANN ARBOR MI 481082744 386006309 STATE OF MICHIGAN 80198 SUBCONTRACT - RESEARCH UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE 9201 UNIVERSITY CITY BLVD CHARLOTTE NC 28223 560791228 STATE OF N CAROLINA 6751 SUBCONTRACT - RESEARCH PURDUE UNIVERSITY 610 PURDUE MALL WEST LAFAYETTE IN 47907 356002041 STATE OF INDIANA 102464 SUBCONTRACT - RESEARCH DELTA G DESIGN INC 100 RESEARCH PARKWAY SUITE 3287-B WACO TX 76704 205780352 35000 SUBCONTRACT - RESEARCH GEORGETOWN UNIVERSITY 37TH AND O STREETS NW WASHINGTON DC 20057 530196603 501(C)(3) 111000 SUBCONTRACT - RESEARCH BAYLOR COLLEGE OF MEDICINE ONE BAYLOR PLAZA BCM 200 HOUSTON TX 77030 741613878 501(C)(3) 2000000 GENERAL SUPPORT OF HOSPITAL BRAZOS VALLEY PUBLIC BROADCASTING FOUNDATION ONE BEAR PLACE 97296 WACO TX 767987296 742674611 501(C)(3) 225376 70511 FMV Supplies ASSIST WITH PROGRAMMING AND PRODUCTION AND COSTS. GROX INDUSTRIES LLC 1884 N CATON DR FAYETTEVILLE AR 72704 813790738 9000 AWARD FOR BUSINESS PLAN AND SPEED PITCH COMPETITION PROMOTING ENTREPRENEURSHIP AND SMALL BUSINESS COMPETITION. LAPOVATIONS LLC 1722 N COLLEGE AVE SUITE C 159 FAYETTEVILLE AR 72701 813670683 52500 AWARD FOR BUSINESS PLAN AND SPEED PITCH COMPETITION PROMOTING ENTREPRENEURSHIP AND SMALLBUSINESS COMPETITION. ORAI INC 3230 MARKET ST STE 401 PHILADELPHIA PA 19104 812968414 28000 AWARD FOR BUSINESS PLAN AND SPEED PITCH COMPETITION PROMOTING ENTREPRENEURSHIP AND SMALL BUSINESS COMPETITION. SYNTR HEALTH TECHNOLOGIES INC 18806 SOUTH PRADO CT CERRITOS CA 90703 813364273 12500 AWARD FOR BUSINESS PLAN AND SPEED PITCH COMPETITION PROMOTING ENTREPRENEURSHIP AND SMALL BUSINESS COMPETITION. SANGUIS LLC 2400 CHESTNUT 403 PHILADELPHIA PA 19103 822129673 5500 AWARD FOR BUSINESS PLAN AND SPEED PITCH COMPETITION PROMOTING ENTREPRENEURSHIP AND SMALL BUSINESS COMPETITION. 27 19 SUBCONTRACT - RESEARCH 1 18000 SCHOLARSHIPS AND FELLOWSHIPS 16395 314552328 2422088 FMV BOOKS, ON-CAMPUS ROOM AND BOARD, AND OTHER STUDENT EXPENSES SUCH AS CLOTHING, TRASPORTATION, ETC. RESEARCH GRANTS 56 375929 STUDENT AWARDS 2213 225188 156705 FMV VARIOUS ITEMS PROVIDED TO RECIPIENTS AS AWARDS. TRAVEL GRANTS 191 84880 Employee Compassion Grants 3 3449 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. Grants and Other Assistance to Individuals in the United States: Scholarships and fellowships that are awarded to students are paid through the students' accounts, the Payroll Office, and/or Accounts Payable Office and are administered based upon merit and/or need. Baylor's Financial Aid Office reviews the students' cumulative grade point averages every year and awards/reviews academic scholarships and fellowships if the required grade point average level is satisfied. Scholarships for financial need are awarded annually based upon whether the need criterion/level is established or maintained per the completed Application for Federal Student Aid. The scholarship awards that are included in the cost of attendance are reviewed so as not to exceed the cost of a student to attend the University. Scholarships and/or fellowships are also awarded to cover student emergency situations. Students must complete an application describing the emergency situation. The University reviews each application to determine if such scholarships/fellowships will be awarded. Travel Grants - Travel grants are awarded to students to offset travel expenses used for educational purposes such as attending a conference, presenting a paper, etc. The awarding of travel grants is based upon an application process and meeting a set of criteria that establish the benefits to the students' educational endeavors. Research Grants - The Office of the Vice Provost for Research (OVPR) publishes guidelines for each of the internal grant programs that provide the general conditions of the award, as well as guidance on the expenses that may be charged to the award. Each grant is set up as a separate project in the University's financial system based on the award amount and budget categories approved by the OVPR and administered through the Office of Sponsored Programs. The financial system provides real time access to a Budget Summary Report for the project that provides a comparison of budgeted expenditures to cumulative actual expenditures by expenditure category. This report can be accessed by the Project Manager and others with administrative and financial oversight responsibilities. Expenditure transactions under internal grant programs are subject to internal controls for approval and processing similar to other University expenditure transactions. The system does not allow expenditures to be processed in excess of or outside of the approved budget categories. Student Awards - These awards are provided to students for winning educational competitions. The purpose of the competitions is to further the education of students. Grants and Other Assistance to Governments and Organizations in the United States: The University enters into a contract with the grant recipient that describes the recipient's responsibilities for the use of the grant funds. Under the terms of the contract, recipients are required to submit quarterly and final written progress reports to the principal investigator ("PI") or project director for the grant, and funds are paid to the recipient on a cost reimbursable basis. When the grant recipient submits an invoice for reimbursement, the PI reviews the invoice to ensure the expenditures are consistent with the established budget and with the work completed to date, prior to approving the amount for payment. Grant recipients subject to the U.S. Office of Management and Budget Circular A-133 Audits of States, Local Governments, and Non-Profit Organizations are also required to provide certification of their compliance with the financial audit requirements of those guidelines prior to receiving funds. Thereafter, the University requires an annual certification of continuing compliance and a copy of their most recent audit report. If any of the above processes indicate an area of concern, site visits may be conducted by the University to review the programmatic and/or financial records. Charitable organizations that receive contributions from the University are carefully selected and must be approved through the Chief of Staff to the President & Vice President for Board Relations. Student organizations that are provided University grants must complete an application describing the need for the grant. University contributions must support the University's interest and be consistent with the University's core values. X X X X X X false true X X X X X X true true false false false false false true true true Gaynor Yancey Regent 131936 0 0 0 61 0 14535 0 7943 0 154475 0 0 0 Andrea Dixon Regent 247918 0 0 0 107 0 26944 0 7851 0 282820 0 0 0 Kevin Jackson Vice President for Student Life 237649 0 0 0 613 0 26677 0 22237 0 287176 0 0 0 Linda Livingstone President 480373 0 0 0 35182 0 104160 0 49121 0 668836 0 0 0 Tommye Lou Davis Vice President for Constituent Engagement 242058 0 0 0 2483 0 27160 0 19626 0 291327 0 0 0 Roy Brian Webb Vice President & Chief Investment Officer 326998 0 287746 0 18792 0 29160 0 17605 0 680301 0 0 0 Gary Carini Acting Vice Provost 298570 0 0 0 17500 0 29160 0 21181 0 366411 0 0 0 Reagan Ramsower Senior Vice President & Chief Operating Officer 458013 0 0 0 19116 0 29160 0 21508 0 527797 0 0 0 Brian Nicholson Vice President for Operations and Facilities 300481 0 0 0 494 0 29160 0 19933 0 350068 0 0 0 Juan Alejandro Jr Vice President of Governance & Risk 220140 0 0 0 872 0 24548 0 17321 0 262881 0 0 0 Chris Holmes General Counsel & Chief Legal Officer and Corporate Secretary 344679 0 0 0 3054 0 29160 0 75194 0 452087 0 0 0 Dave Rosselli Vice President for University Development 397100 0 0 0 11554 0 29160 0 20210 0 458024 0 0 0 L Gregory Jones Executive Vice President and Provost 239242 0 0 0 283629 0 29160 0 381 0 552412 0 0 0 Susan Anz Vice President for Financial Operations and Assistant Secretary 226180 0 0 0 188 0 25583 0 63943 0 315894 0 0 0 Michelle Berry Vice President for Academic Operations and Strategic Finance 191182 0 0 0 294 0 21411 0 19765 0 232652 0 0 0 Jason Cook Vice President for Marketing & Communications and Chief Marketing Officer 319848 0 0 0 17461 0 29160 0 21575 0 388044 0 0 0 Darin Davis Vice President for University Mission 169883 0 0 0 154 0 19391 0 22364 0 211792 0 0 0 Robyn Driskell Chief of Staff to the President and Vice President for Board Relations 234817 0 0 0 510 0 25360 0 370 0 261057 0 0 0 Cheryl Gochis Vice President for Human Resources and Chief Human Resources Officer 253830 0 0 0 245 0 27907 0 13307 0 295289 0 0 0 Mack Rhoades IV Vice President and Director of Athletics 989266 0 300000 0 1367240 0 229160 0 19986 0 2905652 0 0 0 Michael McLendon Interim Provost 285644 0 0 0 11 0 29160 0 20678 0 335493 0 0 0 Gary Mortenson Acting Vice Provost 184648 0 0 0 0 0 20710 0 19798 0 225156 0 0 0 Lee Nordt Dean of Arts & Sciences 268175 0 0 0 0 0 29160 0 19382 0 316717 0 0 0 Kim Mulkey Head Women's Basketball Coach 2132630 0 224000 0 90954 0 29160 0 14136 0 2490880 0 0 0 Muadianvita Kazadi Associate Athletics Director for Athletic Performance 252956 0 0 0 751509 0 29160 0 8262 0 1041887 0 0 0 Phillip Snow Defensive Coordinator Football 971928 0 0 0 31461 0 29160 0 19704 0 1052253 0 0 0 Matthew Rhule Head Football Coach 3983033 0 0 0 3270200 0 29160 0 20139 0 7302532 0 0 0 Scott Drew Head Men's Basketball Coach 2991632 0 206000 0 56712 0 29160 0 19931 0 3303435 0 0 0 Todd Still Interim Executive Vice President and Provost - Former Officer 194005 0 0 0 112 0 43698 0 107707 0 345522 0 0 0 Kenneth L Hall Senior Vice President for University Development and Strategic Initiatives - Former Officer 0 0 0 0 347296 0 0 0 0 0 347296 0 0 0 PATTIE ORR VICE PRESIDENT FOR INFORMATION TECHNOLOGY & DEAN OF UNIVERSITY LIBRARIES - Former Officer 153917 0 0 0 380 0 16880 0 5776 0 176953 0 0 0 KAREN E KEMP INTERIM VICE PRESIDENT FOR MARKETING AND COMMUNICATIONS - Former Officer 162065 0 0 0 131 0 18111 0 15732 0 196039 0 0 0 DAVID GARLAND INTERIM PRESIDENT - Former Officer 391157 0 0 0 3489 0 71160 0 42581 0 508387 0 0 0 Schedule J, Part I, Line 1a First-class or charter travel Five officers traveled via charter flights to engage in various business activities such as attendance at donor cultivation events, press conferences, and alumni receptions. Charter flights were used by three highly compensated employees to engage in various business activities such as student athletic recruiting, making appearances and speaking engagements on behalf of the University, attending events such as Big 12 media days, donor related activities, Big 12 coaches meetings, and NCAA meetings. Additionally, four highly compensated employees traveled on charter flights with their respective athletic teams to attend athletic events. Four officers and one former officer traveled on charter flights provided for Athletic Department team travel to engage in donor development efforts and event oversight on behalf of the University. One highly compensated employee received approval to use a charter flight for personal reasons. First-class trips are disallowed by University policy unless approved as an exception to policy. First-class travel was approved as an exception to policy for the following travel - interview of now current officer, late night travel of an officer engaged in donor visits and cultivation activities and an officer and highly compensated employee travel to attend Big 12 meetings. One officer, per terms of contract, is reimbursed by the University (not to exceed a fixed contractual amount) for personal travel which may include first-class travel. Personal travel is reportable as taxable income. Schedule J, Part I, Line 1a Travel for companions Occasionally, family members or guests of listed persons were provided travel. The University policy and practice is to review travel activities that occur throughout the year and report the value of such travel as taxable compensation to listed persons if no bona fide business purpose existed or the fifty percent seating capacity rule is inapplicable for the companion travel. Four highly compensated employees, five officers and one former officer were provided family or guest travel. Schedule J, Part I, Line 1a Tax indemnification and gross-up payments Men's and Women's head basketball coaches had personal travel stipends grossed-up to provide contractual amount owed by the University. Women's head basketball coach used charter flight for personal reasons which was reported as taxable income and grossed-up by the University. Vice President & Director of Athletics received gross-up payments covering the additional taxes owed on supplemental payments for buyout amount owed to former employer in the amount of $1,258,491 and for child's tuition costs. University reported to Head Football Coach $3,193,798 as taxable compensation for buyout amount paid to previous employer. This compensation included gross-up amount to cover taxes. All above described payments were reported as taxable income, including the tax on the gross-up payments. Additionally, the University may occasionally gross-up other payments, but all such payments are included in the taxable income of the applicable employee. Schedule J, Part I, Line 1a Housing allowance or residence for personal use Former Interim President and Former Interim Executive Vice President & Provost received a minister's housing allowance which was associated with the provision of ministerial services related to duties and thus appropriately not reported as taxable. Baylor provided Vice President for Marketing & Communications & Chief Marketing Officer, Board Professional and head football coach with temporary housing during their transition to beginning work at the University. This temporary housing was reported as taxable income. Baylor provided Executive Vice President & Provost with housing per his employment agreement. This housing was reported as taxable income. Baylor provided President with a house located on campus as a condition of employment and for the convenience of the University. The provision of the house was not included as taxable compensation. Schedule J, Part I, Line 1a Health or social club dues or initiation fees Three officers, one former officer and four highly compensated employees were provided country or social club memberships in one or more local clubs. All club memberships were reported as taxable compensation. Schedule J, Part I, Line 1a Personal services Baylor provided housekeeping services for the University house where the President resides. The portion of the housekeeping expenses used for personal purposes was included as taxable income. Schedule J, Part I, Line 1b Written policy regarding payment or reimbursement of expenses The University has a written policy for the following benefits: first-class travel and charter travel, and travel for companions. The Baylor aircraft policy is only applicable to Baylor-provided charter travel. Other charter travel used by the Athletic Department for team travel is based upon the need of the sport. Club memberships are reported as taxable income. Tax indemnification and gross-up payments are included in contractual arrangements and/or require Board of Regents approval. The President's housing was provided as a condition of employment per the terms of contract, and the house was provided for the convenience of the University. Housekeeping services are handled as noted above. Schedule J, Part I, Line 4a Severance or change-of-control payment Former Senior Vice President for University Development & Strategic Initiatives separated from employment in 2014 and continued to received final severance pay in 2017 per the agreement. The pay in 2017 totaled $347,296 and qualifies as bona fide severance pay per Code section 457(E)(11). The University withheld appropriate taxes from each monthly payment. Per the agreement, the severance pay is to be reduced by any amount of compensation the former Senior Vice President for University Development & Strategic Initiatives receives from the University or any other employer. Executive Vice President & Provost received gross severance pay of $247,500 during calendar year 2017. Associate Athletics Director for Athletic Performance received gross severance pay amount of $1,500,000 with $750,000 paid in calendar year 2017 and the remaining amount paid by March 15, 2018. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan The President participated in a nonqualified deferred compensation arrangement under Internal Revenue Code section 457(f). The President received an accrued benefit of $75,000 during 2017. Additional amount shall be accrued each year for the next two years. The accrued deferred compensation amounts shall vest and be payable on the third anniversary of the date such funds were credited to the Plan, or if earlier, upon termination without Cause, death or disability. President will not have right to the funds if she voluntarily resigns or is terminated for cause. The Vice President & Director of Athletics participated in a nonqualified deferred compensation arrangement under Internal Revenue Code section 457(f). The Vice President & Director of Athletics received an accrued benefit of $200,000 during 2017. This same amount shall be accrued each year for the next five years. The Vice President & Director of Athletics shall be paid the entire accrued amount in 2022 if still employed in current position. Schedule J, Part I, Line 7 Non-fixed payments Vice President & Chief Investment Officer received a bonus calculated using a portion of base pay and applying a percentage based upon qualitative assessment of performance plus a percentage per the bench-marked performance of Baylor's pooled investment, the Baylor University Fund. Highly compensated coaches may receive championship rings and/or gift cards, which are reported as taxable income. A Clifton Higher Education Finance Corporation 800349380 187154AV1 2011-04-14 110202345 Refunding/refinancing of 2008B and commercial paper - 12/10/2008. false false false B Waco Education Finance Corporation 020603383 929833AW1 2012-02-22 129496800 New construction and real estate. false false false C WACO EDUCATION FINANCE CORPORATION 020603383 000000000 2017-05-30 59750000 REFUNDING OF PRIOR ISSUE DATED 04/08/2008. false false false A 22275000 0 110202352 0 0 0 1183277 0 0 0 109019075 0 true false true true B 0 0 129621446 0 6025765 0 1070499 0 0 122525182 0 0 2014 false false true true C 2775000 0 59750000 0 0 0 0 0 0 0 59750000 0 true false true true A false true true true true true 0.0 0.0 0.0 false false true B false false true true false 0.0 0.0 0.0 false false true C false true true true true true 0.0 0.0 0.0 false false true A false false false true false false false false true B false false false true false false false false true C false false true false true true BARCLAYS BANK LLP 22.5 false false false false true A true B true C true Schedule K, Part II, Line 13 Columns A & C Columns A & C are left blank due to Baylor's understanding to report new money projects for year of substantial completion, not amounts used in refunding or refinancing. Schedule K, Part II, Line 11 Column A $35,000,000 of the Series 2011 proceeds were used to refinance a portion of commercial paper loan, which originally financed multiple capital projects for the University. The remaining amount was used to refund Series 2008B issue. Schedule K, Part II, Line 1 Column C $2,775,000 OF THE SERIES 2017 BONDS REACHED MATURITY. Schedule K, Part V Part V Baylor has procedures that it follows for tax-exempt bonds to ensure compliance with applicable Federal regulations and to identify any potential violations of Federal tax requirements. Baylor's procedures have been in place since the issuance of the bonds and are periodically reviewed and updated. Schedule K, Part II, Line 11 Column C The amount was used to refund SERIES 2008A ISSUE. Schedule K, Part II, Line 1 Column A $22,275,000 of the Series 2011 bonds reached maturity. Schedule K, Part II, Line 3 Column A & B The total proceeds exceeds the issue price by the investment earnings through 5/31/2016, at which time all the proceeds of the issue were spent. Schedule K, Part IV, Line 2b Column C All proceeds of the issue were spent in one day. Schedule K, Part IV, Line 2c COLUMN A Issuer name: Clifton Higher Education Finance Corporation The calculation for computing no rebate due was performed on 09/30/2011 Schedule K, Part IV, Line 2c COLUMN B Issuer name: Waco Education Finance Corporation The calculation for computing no rebate due was performed on 05/31/2016 NOT REQUIRED NOT REQUIRED 188350 Academic SCHOLARSHIPS EDUCATIONAL SUPPORT NOT REQUIRED NOT REQUIRED 7922 Ministry Guidance scholarship EDUCATIONAL SUPPORT NOT REQUIRED NOT REQUIRED 42900 Graduate Assistantship EDUCATIONAL SUPPORT NOT REQUIRED NOT REQUIRED 4000 Law School Award Award for Student Competition NOT REQUIRED NOT REQUIRED 31430 NEED-BASED SCHOLARSHIP EDUCATIONAL SUPPORT Richard Gochis Spouse OF OFFICER Cheryl Gochis 173890 EMPLOYMENT false GREG HAMERLY SON-IN-LAW OF OFFICER PATTIE ORR 171707 EMPLOYMENT false IVY HAMERLY DAUGHTER OF OFFICER PATTIE ORR 98903 EMPLOYMENT false Steve Cates Brother-in-law of Officer Cheryl Gochis 93262 EMPLOYMENT false Hank Sanderson Son of rEGENT Dusty Sanderson 53784 EMPLOYMENT false The Clifton Robinson Intervivos Irrevocable asset Trust dba WASHINGTON PART NERS LTD Entity more than 35% owned by REGENT C. CLIFTON ROBINSON 636071 Rental of Property and Renovations to Building false LAUREN SANDERSON DAUGHTER-IN-LAW OF REGENT DUSTY SANDERSON 46601 EMPLOYMENT false Will Driskell Spouse of Officer Robyn Driskell 129100 Employment false BENJAMIN STEVENS SON OF REGENT KIM STEVENS 39904 Employment false Taylor Marie Buchanan Daughter of Officer Kevin Jackson 51785 Employment false JON HARRISON SON-IN-LAW OF REGENT GORDON WILKERSON 107641 EMPLOYMENT false NANCILEE MINTER SPOUSE OF Former OFFICER DAVID GARLAND 54258 EMPLOYMENT false X 10 852182 Opinions of experts X 2500 Opinions of experts X 118 8880825 Other - Average of High and Low Market X 1 265000 Selling cost X 17 4920 Opinions of experts X 1 5505 Opinions of experts X 4 6280 Other - Invoices/Receipts X Equestrian Supplies 2 1853 Cost X Equipment 4 8802 Other - Cost & Opinions of Experts X Horses 5 35003 Opinions of experts X Jet Engine 1 90000 Market value X Discount on Audio/Visual Equipment & Related Items 1 7818 Cost X Trumpet and accessories 1 1350 Market value X Football Tickets 1 233 Cost X Mineral Rights 1 364886 Market value X Decorations/Flowers 2 13147 Cost X Jewelry 1 54 Cost X Furniture 1 35640 Opinions of experts X Light Fixtures 1 7800 Opinions of experts X Tapestry 1 5400 Opinions of experts X Vases 1 760 Opinions of experts X Dishes 1 1813 Opinions of experts X Decorative Items 1 5912 Opinions of experts X CD's 1 100 Opinions of experts X Baylor Paraphernalia 1 558 Opinions of experts X Electronics 1 60 Opinions of experts X linens 1 655 Opinions of experts X Rugs 1 500 Opinions of experts X Expenses for Use of Airplane 5 77781 Cost X Supplies 1 1 NONE 9 false true true Schedule M, Part I, Line 1 Column (B) Number of Contributions or Items Contributed Baylor reported the receipt of these noncash contributions based on the number of contributions which at times also equals the number of items received. Schedule M, Part I, Line 33 Explanation of Revenues Not Reported Some items included in Schedule M were valued at $1.00. The donor did not provide the University with an appraisal and the University did not have other knowledge of the valuation of these items. For this reason, the University did not show revenue for these donations other than $1.00 which represents receipt of the items. Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions For stock gifts, third party brokers are used to trade the stock and brokers have a standing order to sell stock immediately upon receipt. Such arrangements are based on varying cents-per-share. The majority of trades are executed by a "market order." Form 990, Part I, Line 8 CONTRIBUTIONS AND GRANTS CONTRIBUTIONS AND GRANTS REPORTED IN THE UNIVERSITY'S AUDITED FINANCIAL STATEMENTS AND FORM 990 APPROPRIATELY EXCLUDE INTENTS TO GIVE (PLEDGES) AND REVOCABLE DEFERRED GIVING COMMITMENTS. Form 990, Part III, Line 4d Description of other program services (Expenses $ 75,816,761 including grants of $ 3,310,160)(Revenue $ 143,350,475) OTHER EXPENSES CONTAINED HEREIN ARE COMPRISED OF THE FOLLOWING: RESEARCH, PUBLIC SERVICES, AND AUXILIARY ENTERPRISES. BAYLOR ENGAGES IN RESEARCH WORK SPONSORED BY NUMEROUS FEDERAL, STATE, AND LOCAL AGENCIES AND PRIVATE ENTITIES. ADDITIONALLY, BAYLOR PROVIDES NON-INSTRUCTIONAL SERVICES THAT BENEFIT INDIVIDUALS AND GROUPS EXTERNAL TO BAYLOR. AUXILIARY ENTERPRISES ARE COMPRISED GENERALLY OF THE FOLLOWING ITEMS: RESIDENCE HALLS, DINING SERVICES, BOOKSTORE, RENTAL PROPERTIES AND VENDING SERVICES. Form 990, Part V, Line 1a Number Reported in Box 3 of Form 1096 Included in the number of forms reported in box 3 of Form 1096 are 21,169 1098-T Forms, 613 1098-E Forms, 1,583 1099-MISC Forms, 4 1099-K Forms, 2 1099-R Forms, and 1 1099-S Form. Form 990, Part VI, Line 12a PART VI, LINES 12-15 BAYLOR UNIVERSITY'S POLICIES DETAILED IN LINES 12-15 DO NOT DIRECTLY APPLY TO ITS DISREGARDED ENTITIES. Form 990, Part VI, Line 1a Delegate broad authority to a committee The Executive Committee consisted of the Chair, Vice Chair, the chairs among the Board's standing committees and the immediate past Chair of the Board. The President also served as an ex officio member of the Executive Committee. The Board Chair also served as the Chair of the Executive Committee. This Committee had full authority of the Board to act on corporate issues between meetings with the exception of the following matters, which matters are specifically reserved for the Board: (1) any action regarding Baylor's mission, vision or strategic plans; (2) amendment of the certification of formation, bylaws or board guidelines; (3) conferral of degrees; (4) selection, evaluation, or termination of the President; (5) termination of a Vice President or member of the President's Executive Council; (6) election of Baylor University Regents and Board officers; (7) removal of a Regent; (8) election of Regents to affiliated organizations; (9) any action increasing or decreasing the University's annual budget; (10) any action using Baylor credit; (11) determination of reasonableness of salaries, other compensation and benefits of disqualified or highly compensated persons; (12) any matter in which any voting or ex officio member of the Executive Committee asks to be considered by the Board; (13) capital projects and real property transactions greater than $1,000,000. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons Alicia Monroe and William Robbins - Business relationship, Alicia Monroe and Mark McCollum - Business relationship, Alicia Monroe and Larry Heard - Business relationship, Alicia Monroe and Dr. Linda Livingstone - Business relationship Form 990, Part VI, Line 4 Significant changes to organizational documents Baylor's corporate documents were amended to include the following: In case of a temporary absence of the Chair to serve, the Chair is given power to select one of the Vice Chairs to perform the duties of the Chair. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body The Baptist General Convention of Texas, a nonprofit Texas corporation, has the authority to elect up to 25% of the members of Baylor University's Board of Regents. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders Baylor University's Board of Regents may be required to obtain approval from the Baptist General Convention of Texas regarding certain changes to its governing documents which address board composition. Form 990, Part VI, Line 11b Review of form 990 by governing body The return was reviewed by the University's outside tax accountants. Additionally, a copy of the Form 990 was distributed to all Regents and a review of the Form 990 was performed by the Regent Audit Committee. Senior administration including the President, Chief Business Officer, Vice President of Finance/ Assistant Secretary, General Counsel & Chief Legal Officer and Corporate Secretary, Chief of Staff to the President and Vice President for Board Relations, Senior Director of Tax & Compliance, and Director of Internal Audit & Management Analysis participated in the review and discussion regarding the Form 990 and attached schedules with the Regent Audit Committee. All Board members were invited to participate in the Audit Committee meeting. A final copy of the return was provided to all Regents prior to the filing of the Form 990. Form 990, Part VI, Line 12c Conflict of interest policy Baylor University maintains three separate conflict of interest policies applicable to the following groups: (1) Regents; (2) officers, administrative employees and other employees; and (3) faculty. Each group is required to complete an annual conflict of interest disclosure form. Regents: The Vice President of Governance & Risk reviews all completed Regent conflict disclosure forms and consults with the President, Senior Vice President & Chief Operating Officer, General Counsel & Chief Legal Officer, and other University administrators, if necessary. A final report is prepared for review by the Regent Audit Committee. A Regent is not allowed to be involved in discussions, nor vote on related matters, should a conflict of interest exist. Conflicts of interest of a severe nature involving a Regent are addressed via the appropriate Baylor University Board of Regents Bylaws with the action(s) being determined by the Board that could include removal of that Regent as a member of the Board of Regents. Officers, administrative employees and other employees: The Vice President of Governance & Risk reviews all completed conflict disclosure forms and consults with the President, General Counsel & Chief Legal Officer, Senior Vice President & Chief Operating Officer, Vice President for Human Resources & Chief Human Resources Officer, and other University administrators, if necessary. A final report of all potential conflicts which includes the Vice President of Governance & Risk's opinion as to whether a conflict of interest exists is provided to the President and Senior Vice President & Chief Operating Officer. Should the Vice President of Governance & Risk and Senior Vice President & Chief Operating Officer differ in opinion as to whether a conflict of interest exists, then a final decision is made by the President. However, for potential conflicts reported by the President and her direct reports, the Regent Audit Committee will review those matters and make the final decision. A final report of all potential conflicts which includes the Vice President of Governance & Risk's opinion as to whether a conflict exists is provided to the Regent Audit Committee. Officers, administrative employees and other employees are restricted from participating in the decision-making process for those transactions that involve the acquisition of goods or services should a conflict of interest exist. Conflicts of interest of a severe nature include application of the Baylor University Staff Disciplinary Policy, which provides for different levels of disciplinary actions, including employee termination. Faculty: The Vice President of Governance & Risk and the Executive Vice President & Provost/Acting Vice Provost review all completed conflict disclosure forms and consult with the President, General Counsel & Chief Legal Officer, Vice President for Human Resources & Chief Human Resources Officer, and other University administrators , if necessary. Should the Vice President of Governance & Risk and the Executive Vice President & Provost/Acting Vice Provost differ in opinion as to whether a conflict of interest exists, then a final decision is made by the President. A final report of all potential conflicts which includes the Vice President of Governance & Risk's opinion as to whether a conflict exists is provided to the Regent Audit Committee. Faculty are restricted from participating in the decision-making process for those transactions that involve the acquisition of goods or services should a conflict of interest exist. Conflicts of interest of a severe nature include application of Baylor University Personnel Policy which provides for consequences including termination of the faculty member. Form 990, Part VI, Line 15a Process to establish compensation of top management official Baylor's procedures and practices in support of the Board of Regents Guidelines for Board Operations ensure that compensation arrangements for the President must be approved by the Board in order to go into effect. A Regent subcommittee conducts the President assessment process and obtains and reviews appropriate comparable compensation data annually and as needed in order to review and approve compensation arrangements. The comparability data comes from a variety of sources which includes outside compensation consultants, surveys conducted by outside consultants that includes salaries and/or benefits data, Form 990 data from other institutions, the College and University Professional Association for Human Resources surveys, Western Management Group Surveys, and The Chronicle for Higher Education. The Regent subcommittee reviews the reasonableness of compensation arrangements against the comparability data as well as the performance of the President and documents the basis of their determinations and actions concurrent with making the determination. The documentation includes the terms of the transaction, the date of approval, the names of the Regent subcommittee members present during the review and vote on the transaction, the comparability data relied upon and the basis for the determination. The Regent subcommittee subsequently presents its recommendations to the full Regent Board for approval, which is concurrently documented as well. This process was performed in 2017-2018. Form 990, Part VI, Line 15b Process to establish compensation of other employees Baylor's procedures and practices ensure that compensation arrangements for other officers and key employees deemed to be disqualified persons and/or highly compensated must be approved by the Board of Regents in order to go into effect. A Regent subcommittee obtains and reviews appropriate comparable compensation data annually, and as needed, in order to review and approve compensation arrangements for other officers and key employees deemed to be disqualified persons and/or highly compensated. This includes the review and approval of the President's salary recommendations for Executive Council members. The comparability data comes from a variety of sources which includes outside compensation consultants, surveys conducted by outside consultants that includes salaries and/or benefits data, Form 990 data from other institutions, College and University Professional Association for Human Resources surveys, Western Management Group Surveys, The Chronicle for Higher Education, Winthrop AD surveys, and athletics association surveys. The Regent subcommittee reviews the reasonableness of compensation arrangements against the comparability data and documents the basis of their determinations and actions concurrent with making the determination. The documentation includes the terms of the transaction, the date of approval, the names of the Regent subcommittee members present during the review and vote on the transaction, the comparability data relied upon and basis for the determination. The Regent subcommittee subsequently presents its recommendations to the full Regent Board for approval, which is concurrently documented as well. This occurs annually and as needed. All officers and key employees that are included in Part VII, Section A, were reviewed under this process in 2017-2018. Form 990, Part VI, Line 19 Required documents available to the public Baylor's certificate of formation, bylaws, guidelines for board operations, statement of commitment and responsibilities, conflict of interest policies, and financial statements are posted on Baylor's website. Form 990, Part VII, Section A, Line 1a, Column (E) Compensation from Related Organizations Baylor transmits an annual questionnaire with pertinent instructions and definitions to each of its current and former regents, officers, key employees, and highest compensated employees listed on Part VII, Section A, inquiring into amounts of any reportable compensation or other compensation received by these individuals from a related organization. The questionnaire includes the name, title, date, and signature of each person reporting the information to Baylor. No amounts were reported for the fiscal year ending 5/31/18. Form 990, Part VII, Section A, Line 1a, Column (B) Average Hours Per Week Four former officers have average hours reported because these individuals were employed during a portion of or for all of the calendar year that fell within the current tax year but not in the role as officers. Form 990, Part VII, Section A, Line 1a, Column (B) Average Hours Per Week The average hours reported per week for Regents Gaynor Yancey, Andrea Dixon and Bill Simon include average hours in their roles as board members and employees of the University. Form 990, Part VII, Section A, Line 1a, Column (D) Reportable compensation from the organization Reportable compensation for Regents Gaynor Yancey, Andrea Dixon and Bill Simon include compensation in their roles as employees of the University. Reportable compensation for Regent Dennis Ray Wiles includes compensation in a role other than Regent. Form 990, Part VIII, Line 1h Total Contributions, Gifts Grants and Other Similar Amounts Contributions and grants reported in the University's audited financial statements and Form 990 appropriately exclude intents to give (pledges) and revocable deferred giving commitments. Form 990, Part VIII, Line 1h TOTAL CONTRIBUTIONS, GIFTS, GRANTS AND OTHER SIMILAR AMOUNTS CONTRIBUTIONS AND GRANTS REPORTED IN THE UNIVERSITY'S AUDITED FINANCIAL STATEMENTS AND FORM 990 APPROPRIATELY EXCLUDE INTENTS TO GIVE (PLEDGES) AND REVOCABLE DEFERRED GIVING COMMITMENTS. Form 990, Part VIII, Line 2f Other Program Service Revenue Auxiliary - Total Revenue: 11909023, Related or Exempt Function Revenue: 11084016, Unrelated Business Revenue: 587739, Revenue Excluded from Tax Under Sections 512, 513, or 514: 237268; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Gain on Interest Rate Swap - 2542304; Present Value Adjustment to Annuities Payable - 2057709; Facilities & Admin Cost Allocation Adjustment - 2547648; Fundraising Expense Adjustment - 5779; Ticket Elimination - 1215278; Miscellaneous Reclass - 502481; Scholarships Related to Auxiliaries Reclassed to Auxiliary Enterprises - 1453908; Reclass of Permanent Endowment Income Distributions for External Reporting - 2006045; Schedule J, Part I, Line 8 Payments on contract that is subject to the initial contract exception Fixed payments associated with the contracts entered into with the President, Executive Vice President & Provost, Vice President for University Development, and Vice President & Director of Athletics are subject to the initial contract exception. These officers were not disqualified persons immediately prior to entering into the initial contract. Schedule J, Part II COMPENSATION FROM AN UNRELATED ORGANIZATION OR INDIVIDUAL NAME - KIM MULKEY, COMPENSATION FROM UNRELATED ORGANIZATION - 74000.000000, NAME OF UNRELATED ORGANIZATION - NIKE, TYPE OF COMPENSATION - APPAREL, COMPENSATION AND BONUS Schedule J, Part II COMPENSATION FROM AN UNRELATED ORGANIZATION OR INDIVIDUAL NAME - PHILLIP SNOW, COMPENSATION FROM UNRELATED ORGANIZATION - 640.000000, NAME OF UNRELATED ORGANIZATION - GLAZIER CLINIC, TYPE OF COMPENSATION - FOOTBALL COACHES CLINIC APPEARANCE Schedule J, Part II COMPENSATION FROM AN UNRELATED ORGANIZATION OR INDIVIDUAL NAME - MATTHEW RHULE, COMPENSATION FROM UNRELATED ORGANIZATION - 5000.000000, NAME OF UNRELATED ORGANIZATION - MINNESOTA FOOTBALL CLINIC, TYPE OF COMPENSATION - FOOTBALL COACHES CLINIC APPEARANCE Schedule J, Part II COMPENSATION FROM AN UNRELATED ORGANIZATION OR INDIVIDUAL NAME - SCOTT DREW, COMPENSATION FROM UNRELATED ORGANIZATION - 5000.000000, NAME OF UNRELATED ORGANIZATION - NIKE, TYPE OF COMPENSATION - APPAREL MARY ANN KOKERNOT LAWRENCE LACY TRUST COMM BANK AND TRUST PO BOX 2303 WACO TX 76703 GRANTOR TRUST IN SUPPORT OF BAYLOR TX 0 499339 BAYLOR UNIVERSITY BRAZOS VALLEY PUBLIC BROADCASTING FOUNDATION DBA KWBU-FM One Bear Place 97296 WACO TX 767987296 742674611 PROVIDE AND PROMOTE QUALITY EDUCATIONAL PROGRAMMING TX 501(c)(3) 7 BAYLOR UNIVERSITY true FB KIRCHNER SCHOLARSHIP FUND #6886 FROST NATIONAL BANK PO BOX 2950 SAN ANTONIO TX 78299 742646348 PROVISION OF SCHOLARSHIPS TX 501(c)(3) Type III-O BAYLOR UNIVERSITY true BRYAN NICHOLS SCHOLARSHIP TRUST 332 118 S HOUSTON AVENUE CAMERON TX 765203932 746438292 PROVISION OF SCHOLARSHIPS TX 501(c)(3) PF BAYLOR UNIVERSITY true HAROLD E RILEY FOUNDATION PO BOX 149151 AUSTIN TX 787149151 300181669 SUPPORT OF BAYLOR AND SW THEOLOGICAL SEMINARY TX 501(c)(3) Type I NA false FLEMING CHURCH LOAN TRUST 1601 ELM STREET SUITE 1700 DALLAS TX 752017241 756035987 TRUST SUPPORTING BAYLOR UNIVERSITY, AS WELL AS OTHER ORGANIZATIONS TX 501(c)(3) Type II NA false KOKERNOT TRUST 1601 ELM STREET SUITE 1700 DALLAS TX 752017241 756040747 TRUST WHICH PAYS INCOME IN SUPPORT OF BAYLOR UNIVERSITY AND OTHER UNIVERSITIES TX 501(c)(3) Type II BAYLOR UNIVERSITY true BIG TWELVE CONFERENCE INC 400 E JOHN CARPENTER FREEWAY IRVING TX 75062 752604555 ORGANIZE, PROMOTE AND ADMINISTER INTERCOLLEGIATE ATHLETICS AMONG ITS MEMBER INSTITUTIONS DE 501(c)(3) Type I NA false THE MARRS MCLEAN TRUST #487601 PO BOX 2950 SAN ANTONIO TX 78299 746342783 TRUST SUPPORTS BAYLOR UNIVERSITY AND OTHER COLLEGES TX 501(c)(3) Type III-O NA false CENTRAL TEXAS TECHNOLOGY AND RESEARCH PARK ONE BEAR PLACE 97043 WACO TX 767987043 273848177 HOLDING COMPANY TX 501(c)(2) BAYLOR UNIVERSITY true CHARITABLE REMAINDER TRUSTS (48) CHARITABLE TRUST - SUPPORT TX NA Trust true CHARITABLE LEAD TRUSTS (2) CHARITABLE TRUST - SUPPORT TX NA Trust true POOLED INCOME FUND (1) CHARITABLE TRUST - SUPPORT TX NA Trust true CHARITABLE LEAD TRUST (1) CHARITABLE TRUST - SUPPORT FL NA Trust true CHARITABLE REMAINDER TRUSTS (1) CHARITABLE TRUST - SUPPORT LA NA Trust true CHARITABLE REMAINDER TRUST (1) CHARITABLE TRUST - SUPPORT KY NA Trust true CHARITABLE REMAINDER TRUST (1) CHARITABLE TRUST - SUPPORT AR NA Trust true Grantor Trust Grantor Trust - Support TX NA Trust true true true false false false false false false false false true true true true true false false false true BRAZOS VALLEY PUBLIC BROADCASTING FOUNDATION DBA KWBU-fm B 225376 CASH CONTRIBUTIONS BRAZOS VALLEY PUBLIC BROADCASTING FOUNDATION DBA KWBU-FM L 260595 COST BRAZOS VALLEY PUBLIC BROADCASTING FOUNDATION DBA KWBU-FM M 151566 COST BRAZOS VALLEY PUBLIC BROADCASTING FOUNDATION DBA KWBU-FM N 84089 ESTIMATED FAIR MARKET VALUE FB KIRCHNER SCHOLARSHIP FUND #6886 A 13675 CASH BRYAN NICHOLS SCHOLARSHIP TRUST 332 A 5740 CASH KOKERNOT TRUST A 284191 CASH CHARITABLE LEAD TRUST (3) A 253112 CASH Grantor Trust S 42952 Cash