2018-04-12T14:44:58-05:00 2017-05-31 990 2016-06-01 750800689 SOUTHERN METHODIST UNIVERSITY SOUT 2147681601 PO BOX 750261 DALLAS TX 752750261 CHRISTINE REGIS VP BUSINESS AND FINA 2147681601 2018-03-29 2018-04-12 BAF6A584C51AA146E2BE86A4F05A8EF0E53A9F06 BAF6A584C51AA146E2BE86A4F05A8EF0E53A9F06 2016 2021-01-29 14:40:06Z R GERALD TURNER PO BOX 750261 DALLAS TX 752750261 1015850998 false X WWW.SMU.EDU X 1911 TX THE PRIMARY MISSION OF THE UNIVERSITY IS EDUCATION THROUGH RESEARCH AND TEACHING BY CREATING AND IMPARTING KNOWLEDGE THAT WILL SHAPE CITIZENS WHO CONTRIBUTE TO THEIR COMMUNITIES AND LEAD PROFESSIONS IN A GLOBAL SOCIETY. 42 39 6438 4147 -1307606 -1556933 111010601 75754391 576870585 600638981 109599749 68496524 3230240 5466567 800711175 750356463 165703607 178803303 0 297786708 302043177 728752 498037 15161847 214772650 221536928 678991717 702881445 121719458 47475018 2867362450 2884407766 869197875 854582336 1998164575 2029825430 X THE PRIMARY MISSION OF THE UNIVERSITY IS EDUCATION THROUGH RESEARCH AND TEACHING BY CREATING AND IMPARTING KNOWLEDGE THAT WILL SHAPE CITIZENS WHO CONTRIBUTE TO THEIR COMMUNITIES AND LEAD PROFESSIONS IN A GLOBAL SOCIETY. false false 468485880 159134345 493569108 INSTRUCTIONAL: INSTRUCTIONAL PROGRAMS INCLUDE ACADEMIC INSTRUCTION AND SERVICES FOR UNDERGRADUATE AND GRADUATE STUDENTS INCLUDING FINANCIAL AID IN THE FORM OF SCHOLARSHIPS AND FELLOWSHIPS. STUDENT ENROLLMENT FOR FALL SEMESTER 2016 WAS 11,739 AND SPRING SEMESTER 2017 WAS 11,435. 109327166 19473186 66640440 AUXILIARY ACTIVITIES: THIS CATEGORY INCLUDES ATHLETIC EXPENDITURES AND SERVICES THAT SUPPORT EDUCATIONAL ACTIVITIES. SERVICES INCLUDE BOOKSTORE, STUDENT HOUSING, VENDING AND FOOD ADMINISTRATION AND INDEPENDENT OPERATIONS. 45421604 29922141 SPONSORED RESEARCH: SPONSORED RESEARCH INCLUDES EXPENDITURES FOR ALL ACTIVITIES THAT ARE PART OF THE UNIVERSITY'S RESEARCH PROGRAM, INCLUDING ACTIVITIES SPECIFICALLY ORGANIZED TO PRODUCE RESEARCH OUTCOMES, WHETHER COMMISSIONED BY AN AGENCY EXTERNAL TO THE INSTITUTION OR SEPARATELY BUDGETED BY AN ORGANIZATIONAL UNIT WITHIN THE INSTITUTION. 17346332 10507292 ORGANIZED ACTIVITIES: ORGANIZED ACTIVITIES MAKE AVAILABLE TO THE PUBLIC VARIOUS RESOURCES THAT EXIST WITHIN THE UNIVERSITY SUCH AS SEMINARS, CONFERENCES AND CAMPS. 17346332 10507292 640580982 true true false true false true false true false true true true false false true true false true true true true true false true true false false true true true true false true false false false false true false false false true true false false false true true true false false true X 15185 0 6438 true true true true UK false false false true true false false false false X 42 39 true false false false false false true true true false false true true true true true false true true false AK AR CA CT DC GA IL KS KY ME MD MI MN MS MO NH NJ NM NY NC ND OH OR PA RI SC TN UT VA WA WV WI X TAX DEPARTMENT 2147681601 6116 N CENTRAL EXPRESSWAY STE 203 DALLAS TX 752750261 R GERALD TURNER PRESIDENT/TR 37.50 X X 1168225 0 190376 JEANNE M STEVENSON-MOESSNER PROFESSOR/TR 37.50 X 69777 0 94203 GERALD B ALLEY TRUSTEE X 0 0 0 RUTH S ALTSHULER TRUSTEE X 0 0 0 WILLIAM ARMSTRONG TRUSTEE X 0 0 0 MICHAEL M BOONE TRUSTEE X 0 0 0 TUCKER S BRIDWELL TRUSTEE X 0 0 0 LAURA WELCH BUSH TRUSTEE X 0 0 0 RICHIE L BUTLER TRUSTEE X 0 0 0 KELLY H COMPTON TRUSTEE X 0 0 0 JEANNE TOWER COX TRUSTEE X 0 0 0 KATHERINE CROW TRUSTEE X 0 0 0 GARY T CRUM TRUSTEE X 0 0 0 ROBERT H DEDMAN JR TRUSTEE X 0 0 0 ANTOINE LV DIJKSTRA TRUSTEE X 0 0 0 GERALD J FORD TRUSTEE X 0 0 0 ANTONIO O GARZA JR TRUSTEE X 0 0 0 JUAN ANTONIO GONZALEZ MORENO TRUSTEE X 0 0 0 CYNTHIA FIERRO HARVEY TRUSTEE X 0 0 0 FREDERICK B HEGI JR TRUSTEE X 0 0 0 CLARK K HUNT TRUSTEE X 0 0 0 RAY L HUNT TRUSTEE X 0 0 0 DAVID S HUNTLEY TRUSTEE X 0 0 0 SCOTT J JONES TRUSTEE X 0 0 0 PETER A LODWICK TRUSTEE X 0 0 0 PAUL B LOYD JR TRUSTEE X 0 0 0 BOBBY B LYLE TRUSTEE X 0 0 0 MICHAEL MCKEE TRUSTEE X 0 0 0 SCOTT MCLEAN TRUSTEE X 0 0 0 DAVID B MILLER TRUSTEE X 0 0 0 FRANCES A MOODY-DAHLBERG TRUSTEE X 0 0 0 CONNIE O'NEILL TRUSTEE X 0 0 0 SHERON PATTERSON TRUSTEE X 0 0 0 SARAH PEROT TRUSTEE X 0 0 0 JEANNE L PHILLIPS TRUSTEE X 0 0 0 CAREN H PROTHRO TRUSTEE X 0 0 0 PAUL L RASMUSSEN TRUSTEE X 0 0 0 CARL SEWELL TRUSTEE X 0 0 0 RICHARD K TEMPLETON TRUSTEE X 0 0 0 RICHARD WARE TRUSTEE X 0 0 0 ROYCE E WILSON SR TRUSTEE X 0 0 0 STEPHEN JAKE TORRES TRUSTEE X 0 0 0 BRAD E CHEVES VP DEVELOPME 37.50 X 652991 0 151207 STEVEN CURRALL PROVOST, VP 37.50 X 549340 0 41997 CHRISTINE REGIS VP BUSINESS 37.50 X 506779 0 48311 PAUL WARD VP LEGAL AFF 37.50 X 431780 0 79522 HAROLD STANLEY VP / INTERIM 37.50 X 331673 0 45096 PAMELA ANTHONY VP STUDENT A 37.50 X 310954 0 32477 RAKESH DAHIYA TREASURER 37.50 X 295783 0 22101 JOANNE VOGEL INTERIM VP S 37.50 X 178093 0 36347 MARY ANNE ROGERS ASSOC UNIV S 37.50 X 101859 0 25049 ALBERT NIEMI JR DEAN 37.50 X 621743 0 48424 THOMAS DIPIERO DEAN 37.50 X 338200 0 37044 CHAD MORRIS FOOTBALL COA 37.50 X 2138167 0 53334 LARRY BROWN BASKETBALL C 37.50 X 1199258 0 101022 TIMOTHY JANKOVICH BASKETBALL C 37.50 X 1146926 0 53244 WILLIAM DILLON SR ASSOC DEA 37.50 X 575552 0 75313 RICHARD HART ATHLETICS DI 37.50 X 501786 0 82562 PAUL W LUDDEN FORMER PROVO 37.50 X 473139 0 45794 THOMAS E BARRY FORMER VP EX 37.50 X 310813 0 44472 MICHAEL A CONDON FORMER TREAS 37.50 X 118678 0 15779 PETER MOORE FORMER INTER 37.50 X 230579 0 49198 12252095 1372872 593 true true false ARAMARK CORPORATION 24818 NETWORK PLACE CHICAGO IL 60673 FACILITY&DINING 53382671 HC BECK 1807 ROSS AVENUE STE 500 DALLAS TX 75201 CONSTRUCTION 16761642 HUNT CONSTRUCTION GROUP INC 4099 MCEWEN RD STE 400 DALLAS TX 75244 CONSTRUCTION 11024408 ROGERS O'BRIEN CONSTRUCTION COMPANY 1901 REGAL ROW DALLAS TX 75235 CONSTRUCTION 10005094 JT VAUGHN CONSTRUCTION LLC 9160 STERLING ST STE 100 IRVING TX 75063 CONSTRUCTION 9580798 162 1937519 38391 73778481 12641881 75754391 TUITION AND FEES 611710 477959014 477959014 AUXILIARY ACTIVITIES 611710 64817834 51050935 13766899 SPONSORED RESEARCH 611710 29494257 29494257 OTHER STUDENT FEES 611710 11850458 11850458 ORGANIZED ACTIVITIES 611710 8413256 8413256 8104162 8104162 600638981 23013652 -1807510 24821162 2269481 2269481 3743639 3743639 56050 16921 39129 39129 39129 295769066 10279107 253967424 8867358 41801642 1411749 43213391 499904 42713487 1950685 1937519 2642832 -692147 MISCELLANEOUS REVENUE 900099 2375946 2375946 2375946 750356463 586872082 -1307606 89729743 185772 185772 178607531 178607531 10000 10000 6353797 1242646 4386448 724703 1158642 297256 861386 232241002 211284664 13438143 7518195 17348498 15546636 1214143 587719 30261155 27118150 2117841 1025164 14680083 13155369 1027393 497321 1604643 366202 1238441 398485 9117 389368 96934 96934 498037 498037 11275892 11275892 39073367 35879325 1566030 1628012 4140503 3606410 515217 18876 13042992 11987301 431899 623792 15502022 14989550 469358 43114 23212 23212 28742388 26755898 1838679 147811 13043667 12706675 199687 137305 516 516 1488421 1385979 68419 34023 20077743 20077743 38221169 33633138 4508030 80001 2306451 2297580 8522 349 ALL OTHER EXPENSES 19788498 17486545 1061895 1240058 BOOKS AND PERIODICALS 7770135 7645351 45184 79600 PUBLIC RELATIONS 2501446 2002200 267902 231344 PROPERTY COSTS 2438444 2280216 111805 46423 702881445 640580982 47138616 15161847 100877881 116066934 192610528 135927461 151160534 136194056 116042087 105951301 6313928 5731464 530577 291572 18689415 24619048 1456109819 463199497 949332347 992910322 399496481 456931683 929645764 907896645 2662908 1887280 2867362450 2884407766 143076028 150255449 36443282 35707346 577006407 559212982 1606000 3105000 111066158 106301559 869197875 854582336 X 669756575 698720430 645759000 619890000 682649000 711215000 1998164575 2029825430 2867362450 2884407766 X 47475018 8180601 -23994764 X false false X 109488300 111212720 118282772 111010601 78130337 528124730 109488300 111212720 118282772 111010601 78130337 528124730 8189336 519935394 34707951 41799854 29361761 28302409 30873411 165045386 7864219 412825 8277044 701447160 602589666 0.74120 0.74590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 96934 96934 702784511 702881445 1000000 250000 1000000 1000000 1000000 1000000 4000000 6000000 205595 99761 91703 96934 493993 250000 250000 250000 250000 1000000 1500000 2 1571194 32927109 true true 7127336 59855236 X X X X X EDUCATIONAL PROGRAMMING false 1383980715 27950856 176705502 15742626 45917433 21673847 1505303167 1505296161 44077815 -82621385 15102284 44572939 23096653 1383980715 1425146075 40917231 122860599 14574120 47271838 21781786 1505296161 1268078648 37395171 195910548 14091245 42461880 19685167 1425146075 1162415320 39537725 139862273 13434524 41913259 18388887 1268078648 0.06450 0.53630 0.39920 true false 115896502 115896502 1063605092 343896704 719708388 166172540 78816438 87356102 110435685 40486355 69949330 992910322 EQUITY FUNDS WITHOUT DAILY LIQUIDITY 358174787 C DIVERSIFYING STRATEGIES FUNDS 283285008 C PRIVATE EQUITY FUNDS 169238057 C VENTURE CAPITAL 29695169 C FUNDS HELD IN TRUST BY OTHERS 21004025 F EQUITY METHOD INVESTMENTS 15267472 F FIXED INCOME FUNDS WITHOUT DAILY LIQ 13845600 C PARTNERSHIP INVESTMENTS - REAL EST 11171569 C PARTNERSHIP INVESTMENTS - TIMBER 6214762 C MINERAL RIGHTS 188 C OTHER INVESTMENTS 8 C 907896645 TAXABLE BONDS PAYABLE 100042018 DEPOSITS 3171541 US GOVERNMENT STUDENT LOAN ADVANCES 3088000 106301559 X SCHEDULE D, PAGE 2, PART III, LINE 4 THE MEADOWS MUSEUM AT SOUTHERN METHODIST UNIVERSITY HOUSES ONE OF THE LARGEST AND MOST COMPREHENSIVE COLLECTIONS OF SPANISH ART OUTSIDE OF SPAIN. WITH WORKS DATING FROM THE 10TH TO THE 21ST CENTURY, THE INTERNATIONALLY RENOWNED COLLECTION PRESENTS A BROAD SPECTRUM OF ART COVERING A THOUSAND YEARS OF SPANISH HERITAGE. THE MUSEUM IS A RESOURCE OF SOUTHERN METHODIST UNIVERSITY THAT SERVES A BROAD AND INTERNATIONAL AUDIENCE AS WELL AS THE UNIVERSITY COMMUNITY THROUGH MEANINGFUL EXHIBITIONS, PUBLICATIONS, WORKSHOPS AND OTHER EDUCATIONAL PROGRAMS, AND ENCOURAGES PUBLIC PARTICIPATION THROUGH A BROAD-BASED MEMBERSHIP. SCHEDULE D, PAGE 2, PART V, LINE 4 IN ACCORDANCE WITH DONOR RESTRICTIONS, ENDOWMENT FUNDS ARE USED TO SUPPORT SCHOLARSHIPS, FELLOWSHIPS AND OTHER STUDENT AID; FACULTY AND ACADEMIC PROGRAM SUPPORT; TECHNOLOGY AND LIBRARY RESOURCES AS WELL AS FACILITY MAINTENANCE. SCHEDULE D, PAGE 3, PART X THE CONSOLIDATED FINANCIAL STATEMENTS FOR SOUTHERN METHODIST UNIVERSITY AND SUPPORTING ORGANIZATIONS INCLUDED THE FOLLOWING FOOTNOTE: THE UNIVERSITY COMPLIES WITH THE REQUIREMENTS OF ASC 740, INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT REQUIREMENTS FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IN ADDITION, ASC 740 PROVIDES GUIDANCE ON RECOGNITION, CLASSIFICATION, AND ACCOUNTING IN INTERIM PERIODS AND DISCLOSURE REQUIREMENTS FOR UNCERTAIN TAX PROVISIONS. THE UNIVERSITY AND ITS CONTROLLED CORPORATIONS DO NOT HAVE ANY UNCERTAIN TAX POSITIONS AND THEREFORE HAVE RECORDED NO LIABILITY OR BENEFIT FOR SUCH POSITIONS FOR THE YEARS ENDED MAY 31, 2017 AND 2016. SCHEDULE D, PAGE 4, PART XIII PART V: THE ENDOWMENT MARKET VALUES REPORTED IN THIS SECTION DO NOT INCLUDE PLEDGES RECEIVABLE WHICH ARE INCLUDED FOR FINANCIAL STATEMENT PURPOSES IN COMPLIANCE WITH SFAS NO. 116. PLEDGES DO NOT GENERATE INCOME FOR SPENDING AND NORMALLY ARE NOT INCLUDED WHEN THE UNIVERSITY REPORTS ENDOWMENT FUND MARKET VALUE FOR PURPOSES OTHER THAN THE FINANCIAL STATEMENTS AND ARE NOT INCLUDED HERE. THE UNIVERSITY HAS ELECTED TO REPORT MARKETABLE SECURITIES, EQUITY METHOD INVESTMENTS, AND FUNDS HELD IN TRUST AT FAIR VALUE FOR FINANCIAL STATEMENT PURPOSES. THE UNIVERSITY HAS NOT ELECTED TO REPORT OTHER ASSETS AT FAIR VALUE FOR FINANCIAL STATEMENT PURPOSES, AND ACCORDINGLY, NEITHER THE UNREALIZED GAINS AND LOSSES IN PRIOR YEARS, NOR THE GAINS IN FISCAL YEAR 2017 ARE REPORTED FOR FINANCIAL STATEMENT PURPOSES, EXCEPT IF THOSE WITH LOSSES ARE DETERMINED TO BE PERMANENT IMPAIRMENTS. AS OF MAY 31, 2017, THE UNIVERSITY HAS APPROXIMATELY 281.42 MILLION OF UNREALIZED GAINS THAT ARE REFLECTED HERE BUT HAD NOT BEEN RECOGNIZED IN ITS FINANCIAL STATEMENTS. PART I, LINE 4 THE AMOUNT SHOWN REPRESENTS THE FAIR VALUE AT THE END OF THE YEAR. THIS VALUE IS DIFFERENT FROM THE AMOUNT REPORTED FOR FINANCIAL STATEMENT PURPOSES AND BALANCE SHEET REPOTING ON FORM 990 BECAUSE THE UNIVERSITY DOES NOT RECORD ALL POOL INVESTMENTS AT FAIR VALUE. true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 THE SOUTHERN METHODIST UNIVERSITY NONDISCRIMINATION STATEMENT APPEARS ON THE UNIVERSITY'S WEBSITE AND IN ELECTRONIC AND PRINTED MATERIALS, SUCH AS THE STUDENT HANDBOOK, ADMISSION BROCHURES, ADVERTISEMENTS, ETC. SCHEDULE E, LINE 6 THE UNIVERSITY PARTICIPATES IN THE FEDERAL PERKINS LOAN PROGRAM, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT; FEDERAL WORK-STUDY PROGRAM, FEDERAL PELL GRANT, WILLIAM D. FORD FEDERAL DIRECT LOAN PROGRAM, TEXAS TUITION EQUALIZATION GRANT, TEXAS B-ON-TIME PROGRAM, AND TEXAS COLLEGE ACCESS LOAN PROGRAM AND RECEIVED FEDERAL AND STATE FUNDING FOR RESEARCH GRANTS AND CONTRACTS. true CENTRAL AMERICA AND THE CARIBBEAN PROGRAM SERVICES STUDY ABROAD 81221 CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 392340422 CENTRAL AMERICA AND THE CARIBBEAN PROGRAM SERVICES RECRUITING 10550 CENTRAL AMERICA AND THE CARIBBEAN PROGRAM SERVICES RESEARCH 124995 CENTRAL AMERICA AND THE CARIBBEAN PROGRAM SERVICES FUNDRAISING 1465 EAST ASIA AND THE PACIFIC PROGRAM SERVICES TEACHING/RECRUITING 3596 EAST ASIA AND THE PACIFIC PROGRAM SERVICES RECRUITING 24471 EAST ASIA AND THE PACIFIC PROGRAM SERVICES CONFERENCE 61762 EAST ASIA AND THE PACIFIC PROGRAM SERVICES STUDY ABROAD 234696 EAST ASIA AND THE PACIFIC PROGRAM SERVICES RESEARCH 413584 EAST ASIA AND THE PACIFIC PROGRAM SERVICES LECTURE/PRESENTATION 4060 EUROPE FUNDRAISING ALUMNI REL/FUNDRAIS 20061 EUROPE PROGRAM SERVICES STUDENT COMPETITION 4430 EUROPE PROGRAM SERVICES ART SCOUTING 2433 EUROPE PROGRAM SERVICES PUBLIC RELATIONS 10067 EUROPE 4 PROGRAM SERVICES STUDY ABROAD 2514535 EUROPE PROGRAM SERVICES RECRUITING 10337 EUROPE PROGRAM SERVICES EXHIBIT PREPARATION 117461 EUROPE PROGRAM SERVICES CONFERENCE 62285 EUROPE INVESTMENTS 50100168 EUROPE PROGRAM SERVICES RECRUITING/ADVERTIS 53517 EUROPE 4 PROGRAM SERVICES RESEARCH 368171 EUROPE PROGRAM SERVICES LECTURE/PRESENTATION 30981 EUROPE PROGRAM SERVICES TEACHING 3244 EUROPE PROGRAM SERVICES CONFERENCE/RECRUIT 833 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES CONFERENCE 1653 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES RECRUITING 5811 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES STUDY ABROAD 105654 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES RESEARCH 318 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES LECTURE/PRESENTATION 1404 MIDDLE EAST AND NORTH AFRICA FUNDRAISING ALUMNI REL/FUNDRAIS 5205 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES TEACHING 1255 NORTH AMERICA PROGRAM SERVICES CONFERENCE 21785 NORTH AMERICA FUNDRAISING ALUMNI REL/FUNDRAIS 486 NORTH AMERICA PROGRAM SERVICES STUDY ABROAD 16078 NORTH AMERICA PROGRAM SERVICES RESEARCH 32314 NORTH AMERICA PROGRAM SERVICES LECTURE/PRESENTATION 6357 NORTH AMERICA INVESTMENTS 32502210 NORTH AMERICA PROGRAM SERVICES RECRUITING 12502 NORTH AMERICA PROGRAM SERVICES EXHIBIT PREPARATION 1389 NORTH AMERICA PROGRAM SERVICES PROGRAM DEVELOPMENT 1261 RUSSIA AND THE NEIGHBORING STATES PROGRAM SERVICES RESEARCH 2401 RUSSIA AND THE NEIGHBORING STATES PROGRAM SERVICES CONFERENCE 2639 RUSSIA AND THE NEIGHBORING STATES PROGRAM SERVICES STUDY ABROAD 55 SOUTH AMERICA PROGRAM SERVICES CONFERENCE 3472 SOUTH AMERICA PROGRAM SERVICES LECTURE/PRESENTATION 1121 SOUTH AMERICA PROGRAM SERVICES STUDY ABROAD 329918 SOUTH AMERICA PROGRAM SERVICES RESEARCH 6049 SOUTH AMERICA PROGRAM SERVICES RECRUITING 22284 SOUTH ASIA PROGRAM SERVICES CONFERENCE 3092 SOUTH ASIA PROGRAM SERVICES RECRUITING 17161 SOUTH ASIA FUNDRAISING ALUMNI REL/FUNDRAIS 5581 SOUTH ASIA PROGRAM SERVICES STUDY ABROAD 816 SOUTH ASIA PROGRAM SERVICES RESEARCH 18521 SUB-SAHARAN AFRICA PROGRAM SERVICES CONFERENCE 7 SUB-SAHARAN AFRICA PROGRAM SERVICES RESEARCH 15004 SUB-SAHARAN AFRICA PROGRAM SERVICES STUDY ABROAD 94782 4 4 8 395862685 83975245 479837930 CONFERENCE SPONSOR 10000 WIRE TRANSFER true false true true true true SCHEDULE F, PAGE 1, PART I, LINE 3 CENTRAL AMERICA AND THE CARIBBEAN 81,221 0 CENTRAL AMERICA AND THE CARIBBEAN 0 392,340,422 CENTRAL AMERICA AND THE CARIBBEAN 10,550 0 CENTRAL AMERICA AND THE CARIBBEAN 124,995 0 CENTRAL AMERICA AND THE CARIBBEAN 1,465 0 EAST ASIA AND THE PACIFIC 3,596 0 EAST ASIA AND THE PACIFIC 24,471 0 EAST ASIA AND THE PACIFIC 61,762 0 EAST ASIA AND THE PACIFIC 234,696 0 EAST ASIA AND THE PACIFIC 413,584 0 EAST ASIA AND THE PACIFIC 4,060 0 EUROPE 20,061 0 EUROPE 4,430 0 EUROPE 2,433 0 EUROPE 10,067 0 EUROPE 2,514,535 0 EUROPE 10,337 0 EUROPE 117,461 0 EUROPE 62,285 0 EUROPE 0 50,100,168 EUROPE 53,517 0 EUROPE 368,171 0 EUROPE 30,981 0 EUROPE 3,244 0 EUROPE 833 0 MIDDLE EAST AND NORTH AFRICA 1,653 0 MIDDLE EAST AND NORTH AFRICA 5,811 0 MIDDLE EAST AND NORTH AFRICA 105,654 0 MIDDLE EAST AND NORTH AFRICA 318 0 MIDDLE EAST AND NORTH AFRICA 1,404 0 MIDDLE EAST AND NORTH AFRICA 5,205 0 MIDDLE EAST AND NORTH AFRICA 1,255 0 NORTH AMERICA 21,785 0 NORTH AMERICA 486 0 NORTH AMERICA 16,078 0 NORTH AMERICA 32,314 0 NORTH AMERICA 6,357 0 NORTH AMERICA 0 32,502,210 NORTH AMERICA 12,502 0 NORTH AMERICA 1,389 0 NORTH AMERICA 1,261 0 RUSSIA AND THE NEIGHBORING STATES 2,401 0 RUSSIA AND THE NEIGHBORING STATES 2,639 0 RUSSIA AND THE NEIGHBORING STATES 55 0 SOUTH AMERICA 3,472 0 SOUTH AMERICA 1,121 0 SOUTH AMERICA 329,918 0 SOUTH AMERICA 6,049 0 SOUTH AMERICA 22,284 0 SOUTH ASIA 3,092 0 SOUTH ASIA 17,161 0 SOUTH ASIA 5,581 0 SOUTH ASIA 816 0 SOUTH ASIA 18,521 0 SUB-SAHARAN AFRICA 7 0 SUB-SAHARAN AFRICA 15,004 0 SUB-SAHARAN AFRICA 94,782 0 SCHEDULE F, PAGE 5, PART V PART I, LINE 3: THE UNIVERSITY ACCOUNTS FOR ALL EXPENDITURES ON AN ACCRUAL BASIS AND MAKES ALL REIMBURSEMENTS UNDER AN ACCOUNTABLE PLAN. X X X X X X X true RUFFALO NOEL LEVITZ LLC 1025 KIRKWOOD PARKWAY SW CEDAR RAPIDS IA 52404 TELEMARKET false 515242 351953 163289 GRENZEBACH GLIER ASSOCIATES 401 N MICHIGAN AVE STE 2800 CHICAGO IL 60611 CONSULTING false 111316 -111316 MARTS LUNDY INC 1200 WALL STREET WEST LYNDHURST NJ 07071 CONSULTING false 34768 -34768 515242 498037 17205 AK AL AR CA CO CT FL GA HI IL KS KY LA MA MD ME MI MN MO MS NC ND NH NJ NM NV NY OH OK OR PA RI SC TN UT VA WA WI TATE LECTURE SE 1943145 679871 1263274 166873 101851 580057 476329 ATHLETIC FORUM 686121 268629 417492 1984 348871 386397 21993 8 1258938 989019 269919 24368 166327 209848 8619 149315 3888204 1937519 1950685 24368 335184 660570 975073 647637 2642832 -692147 SCHEDULE G, PART IV DURING FISCAL YEAR 2017, MARTS & LUNDY INC. PROVIDED CONSULTING SERVICES AND ASSISTANCE WITH POST-CAMPAIGN STRATEGY, IN RELATION TO THE SMU UNBRIDLED: THE SECOND CENTURY CAMPAIGN. DURING FISCAL YEAR 2017, GRENZEBACH GLIER & ASSOCIATES PROVIDED PROSPECT OPTIMIZATION AND RESOURCE ANALYSIS CONSULTING SERVICES. DURING FISCAL YEAR 2017, RUFFALO NOEL LEVITZ LLC PROVIDED TELEMARKETING SERVICES. THE TOTAL 351,953 FUNDRAISING FEES REPORTED ON PART I FOR RUFFALO NOEL LEVITZ LLC INCLUDES 335,122 OF SERVICE FEES CHARGES AND 16,831 OF MAILING/POSTAGE CHARGES THAT WERE SEPARATELY IDENTIFIED AS SUCH IN THE INVOICES. true PEGASUS FOUNDATION DALLAS INSTIT OF HUMANITIES & CULTU 2719 ROUTH ST DALLAS TX 75201 751721049 501C3 10000 EVENT SPONSORSHIP THE DALLAS FOUNDATION 3963 MAPLE AVE STE 390 DALLAS TX 75219 752890371 501C3 6500 PROGR SUPP, EVENT SP FORTE FOUNDATION 9600 ESCARPMENT STE 745 PMB 72 AUSTIN TX 78749 611457145 501C3 15000 PROGRAM SUPPORT THE DALLAS HOLOCAUST MUSEUMCENTER 211 N RECORD ST STE 100 DALLAS TX 75202 752113723 501C3 5500 EVENT SPONSORSHIP 4 STUDENT TUITION GRANTS 7517 6578868 172028663 BOOK TUITION, FEES, AND SCHOLARSHIPS ROOM AND BOARD ALLOWANCES SCHEDULE I, PAGE 1, PART I, LINE 2 THE UNIVERSITY PROVIDES FINANCIAL AID TO STUDENTS TO ENABLE THEM TO ATTEND THE UNIVERSITY. ALL FINANCIAL AID RECIPIENTS ARE SELECTED ON AN EQUAL OBJECTIVELY DETERMINABLE BASIS WITH OTHER RECIPIENTS. THAT IS, ALL STUDENTS RECEIVING SCHOLARSHIPS AND FELLOWSHIPS ARE JUDGED WORTHY BASED ON THE UNIVERSITY'S ASSESSMENT OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER SIMILAR STANDARDS. A LIST OF RECIPIENTS OF SCHOLARSHIPS AND FELLOWSHIPS IS MAINTAINED IN THE UNIVERSITY'S FINANCIAL AID OFFICE. X X X X X X true true X X X X X X false false false false false false false false false R GERALD TURNER PRESIDENT/TRUSTEE 736561 350000 81664 26500 163876 1358601 JEANNE M STEVENSON-MOESSNER PROFESSOR/TRUSTEE 67811 1143 823 11719 82484 163980 BRAD E CHEVES VP DEVELOPMENT AND E 441510 175000 36481 55815 95392 804198 STEVEN CURRALL PROVOST, VP ACAD AFF 454552 54000 40788 26500 15497 591337 CHRISTINE REGIS VP BUSINESS AND FINA 439123 50000 17656 26500 21811 555090 PAUL WARD VP LEGAL AFFAIRS AND 356543 50000 25237 61500 18022 511302 HAROLD STANLEY VP / INTERIM PROVOST 305436 4000 22237 26500 18596 376769 PAMELA ANTHONY VP STUDENT AFFAIRS 235635 51000 24319 23767 8710 343431 RAKESH DAHIYA TREASURER 119612 150000 26171 12273 9828 317884 JOANNE VOGEL INTERIM VP STUD AFFA 172690 4485 918 17270 19077 214440 ALBERT NIEMI JR DEAN 594241 14834 12668 26500 21924 670167 THOMAS DIPIERO DEAN 323094 3223 11883 26500 10544 375244 CHAD MORRIS FOOTBALL COACH 2077300 50000 10867 26500 26834 2191501 LARRY BROWN BASKETBALL COACH 1145712 2500 51046 26190 74832 1300280 TIMOTHY JANKOVICH BASKETBALL COACH 1041640 100000 5286 26500 26744 1200170 WILLIAM DILLON SR ASSOC DEAN BUSINE 567002 4878 3672 26500 48813 650865 RICHARD HART ATHLETICS DIRECTOR 451970 45000 4816 55815 26747 584348 PAUL W LUDDEN FORMER PROVOST 391147 81992 26500 19294 518933 THOMAS E BARRY FORMER VP EXEC AFFAI 289343 21470 26500 17972 355285 MICHAEL A CONDON FORMER TREASURER 97645 21033 9843 5936 134457 PETER MOORE FORMER INTERIM DEAN 225725 3500 1354 20813 28385 279777 SCHEDULE J, PAGE 1, PART I, LINE 1A CHARTER FLIGHT TRAVEL COSTS WERE INCURRED BY CHAD MORRIS, LARRY BROWN, AND TIMOTHY JANKOVICH. FIRST-CLASS TRAVEL COSTS WERE INCURRED BY LARRY BROWN AND TIMOTHY JANKOVICH. THE UNIVERSITY'S TRAVEL POLICY PROVIDES THAT EXPENSES INCURRED BY SPOUSES ARE NOT REIMBURSABLE UNLESS THE SPOUSE IS TRAVELING FOR A BONA FIDE BUSINESS PURPOSE AND THE TRAVEL HAS BEEN APPROVED. ANY EXCEPTIONS TO THE POLICY REQUIRE APPROVAL BY THE APPROPRIATE UNIVERSITY OFFICER. ALL SPOUSAL TRAVEL IS PROCESSED UNDER THE PROVISIONS OF THE TAX DEPARTMENT'S SPOUSAL TRAVEL POLICY WHICH PROVIDES FOR EVALUATING THE TAXABLE COMPONENT, IF ANY, OF THE TRAVEL AND THE APPROPRIATE TAX TREATMENT AND REPORTING. ALL SPOUSAL TRAVEL REGARDING PRESIDENT TURNER ALSO REQUIRES THE REVIEW AND APPROVAL OF THE BOARD OF TRUSTEES AUDIT COMMITTEE CHAIR. APPROPRIATE APPROVALS IN ACCORDANCE WITH POLICY ARE REQUIRED PRIOR TO REIMBURSEMENT. SPOUSAL TRAVEL EXPENSES WERE PAID AND WERE REPORTED AS TAXABLE COMPENSATION FOR R GERALD TURNER, BRAD CHEVES, AND STEVEN CURRALL. ALL GROSS-UP PAYMENTS HAVE BEEN APPROPRIATELY APPROVED IN ACCORDANCE WITH UNIVERSITY POLICY PRIOR TO PAYMENT. FIVE EMPLOYEES RECEIVED GROSS-UP PAYMENTS FOR PAYROLL TAXES WHICH WERE REPORTED AS TAXABLE COMPENSATION: PAMELA ANTHONY, JOANNE VOGEL, STEVEN CURRALL, RAKESH DAHIYA, AND AL NIEMI. THE PRESIDENT IS REQUIRED, UNDER HIS EMPLOYMENT CONTRACT, TO RESIDE IN THE UNIVERSITY PROVIDED RESIDENCE. THERE IS A POLICY REGARDING REVIEW/APPROVAL OF SOCIAL CLUB DUES. THE UNIVERSITY HAS ESTABLISHED A REPORTING PERIOD OF NOVEMBER 1 THROUGH OCTOBER 31 FOR REPORTING PERSONAL USE OF A CLUB AND CALCULATING THE PERSONAL PORTION OF DUES THAT SHOULD BE REPORTED AS TAXABLE INCOME. ANY PERSONAL CHARGES AT SOCIAL CLUBS ARE REIMBURSED TO THE UNIVERSITY WHEN THE BILLING IS RECEIVED, PRIOR TO PAYMENT. THE EMPLOYEES WHO HAD PERSONAL AMOUNTS REPORTED AS TAXABLE COMPENSATION RELATED TO SOCIAL CLUB DUES ARE R GERALD TURNER, BRAD CHEVES, AL NIEMI, AND LARRY BROWN. THE UNIVERSITY PROVIDES SERVICES SUCH AS LANDSCAPING AND RESIDENTIAL REPAIRS AND MAINTENANCE FOR THE PRESIDENT'S RESIDENCE, CONSIDERING THEM NECESSARY AND APPROPRIATE FOR HIS USE OF THE FACILITY FOR BUSINESS FUNCTIONS AS THE RESIDENCE IS A UNIVERSITY OWNED ASSET. THE PERCENTAGE OF THE MAID'S COMPENSATION AND BENEFITS RELATED TO PERSONAL SERVICES WAS REPORTED AS TAXABLE COMPENSATION TO R GERALD TURNER. A 2007 SOUTHWEST HIGHER EDUCATION 521442059 845040GD0 2007-02-14 100890740 ADVANCE REFUND & DEFEASE A PORTION false false false B 2009 SOUTHWEST HIGHER EDUCATION 521442059 845040HG2 2009-10-01 162035907 FINANCE NEW MONEY PROJECTS AND CURRENTLY REFUND true false false C 2010 SOUTHWEST HIGHER EDUCATION 521442059 845040JB1 2010-10-28 124998461 FINANCE NEW MONEY PROJECTS. false false false D 2013 SOUTHWEST HIGHER EDUCATION 521442059 845040JZ8 2013-04-16 107014349 FINANCE NEW MONEY PROJECTS. false false false A 75970000 114937923 1175153 922858 384931 113630132 false true true true B 23585000 102600000 162036208 1236365 66161260 94638583 2014 true false true true C 6620000 125317215 1091820 18 124225377 false false true true D 107690300 820533 89315979 17553778 false false false true A false false true true true true 0.01700 0.01700 false false true B false false true true true true 0.00700 0.00700 false false true C false false true true false 0.00200 0.00200 false false true D false false false false 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 false true false false false false true D false true false false false false true DEUTSCHE BANK 2.800000000000 true false true A true B true C true D true SCHEDULE K - PURPOSE OF ISSUE DESCRIPTION 2007 SOUTHWEST HIGHER EDUCATION ADVANCE REFUND & DEFEASE A PORTION OF PRINCIPAL ON THE 1999A (1/20/99) AND 2002 (7/3/2002) BONDS. 2009 SOUTHWEST HIGHER EDUCATION FINANCE NEW MONEY PROJECTS AND CURRENTLY REFUND THE 1999D (1/20/1999) AND THE 2006 (3/1/2006) BONDS. 2010 SOUTHWEST HIGHER EDUCATION FINANCE NEW MONEY PROJECTS. 2013 SOUTHWEST HIGHER EDUCATION FINANCE NEW MONEY PROJECTS. 2016 SOUTHWEST HIGHER EDUCATION ADVANCE REFUND & DEFEASE A PORTION OF PRINCIPAL ON THE 2009 (10/1/09) BONDS. 2017 SOUTHWEST HIGHER EDUCATION CURRENTLY REFUND A PORTION OF PRINCIPAL ON THE 2007 (2/14/07) BONDS. SCHEDULE K - DATE REBATE COMPUTATION PERFORMED 2007 SOUTHWEST HIGHER EDUCATION 03/16/17 2009 SOUTHWEST HIGHER EDUCATION 10/01/14 2010 SOUTHWEST HIGHER EDUCATION 12/21/15 SCHEDULE K - ADDITIONAL INFORMATION 2007 SOUTHWEST HIGHER EDUCATION PART II, LINE 3, COLUMN A TOTAL PROCEEDS INCLUDES INTEREST ON ADVANCE REFUNDING ESCROW BEFORE ALL BONDS WERE CALLED 10/01/2012. PART II, LINE 3, COLUMNS B, C, D & E TOTAL PROCEEDS INCLUDE INVESTMENT PROCEEDS. PART II, LINE 11, COLUMNS A, B, E & F INCLUDES THE REFUNDING AMOUNTS AS OTHER UNSPENT PROCEEDS. PART II, LINE 13, COLUMN A THE SERIES 2007 BONDS WERE REFUNDING BONDS. THERE WERE NO NEW PROJECTS FOR WHICH A YEAR OF SUBSTANTIAL COMPLETION WOULD NEED TO BE REPORTED. PART IV, LINE 2C, COLUMNS A, B & C DATE REBATE COMPUTATION PERFORMED 2007 SOUTHWEST HIGHER EDUCATION 2/14/2012 AND 3/16/2017 2009 SOUTHWEST HIGHER EDUCATION 10/1/2014 2010 SOUTHWEST HIGHER EDUCATION 12/21/2015 PART IV, LINE 5, COLUMNS A, B, C, E & F THE UNIVERSITY DID NOT INVEST IN A GIC, HOWEVER, ANSWERS ARE PROVIDED AS THEY ARE REQUIRED BY THE IRS FOR FILING PURPOSES. PART IV, LINE 6, COLUMNS D & E THE UNIVERSITY REASONABLY EXPECTS TO MEET THE SPENDING REQUIREMENTS WITHIN THE REQUIRED TIMEFRAME. 125972 TUITION WAIVER EDUCATION 48500 MERIT SCHOLAR EDUCATION SCHEDULE L, PART V SCHEDULE L, PART III THE AMOUNT REPORTED ON PART III, LINE 1(C) REPORTS TUITION WAIVERS GRANTED ON THE SAME BASIS AS TO ANY OTHER BENEFIT-ELIGIBLE EMPLOYEE. THE AMOUNT REPORTED ON PART III, LINE 2(C) REPORTS THE MERIT SCHOLARSHIPS AWARDED ON AN OBJECTIVE AND NON-DISCRIMINATORY BASIS BASED ON PRE-ESTABLISHED CRITERIA AND REVIEWED BY A SELECTION COMMITTEE. X 15 7107650 MARKET OR APPRAISAL X 19686 MARKET OR APPRAISAL X 211 4812199 MARKET OR APPRAISAL X 1 6000 MARKET OR APPRAISAL X 1 1 SEE PART II X 13 35500 MARKET OR APPRAISAL X 2 10000 MARKET OR APPRAISAL X EQUIPMENT 13 30451 MARKET OR APPRAISAL X EVENT TICKETS 789 112310 MARKET OR APPRAISAL X EVENT EXPENSE 26 37225 MARKET OR APPRAISAL X OTHER 17 470859 SEE PART II 24 false true true SCHEDULE M, PAGE 1, PART I, LINE 32B SOUTHERN METHODIST UNIVERSITY HIRES EXTERNAL BROKERS AND APPRAISERS AS DEEMED APPROPRIATE. SCHEDULE M, PAGE 2, PART II PART 1, LINE 17, COL (D), REAL ESTATE - OTHER: CONSISTENT WITH UNIVERSITY'S PRACTICE FOR VALUATION OF MINERAL INTERESTS FOR FINANCIAL STATEMENTS' PRESENTATION. PART 1, LINE 28, OTHER - DETAIL COL (B) COL (C) PART 1, LINE 28, OTHER: LIVESTOCK 3 320,000 PART 1, LINE 28, OTHER: FURNISHINGS 2 25,300 PART 1, LINE 28, OTHER: ARCHIVAL RECORDS 6 49,800 PART 1, LINE 28, OTHER: TRAVEL EXPENSE 5 72,759 PART 1, LINE 28, OTHER: OTHER 1 3,000 ====== == ======== TOTAL PART 1 LINE 28 17 470,859 PART 1, LINE 28, COL (D), OTHER: MARKET OR APPRAISAL PART 1, COLUMN B: THE NUMBERS SHOWN IN COLUMN B REPRESENT THE NUMBER OF CONTRIBUTIONS. FORM 990 PART IV, LINE 12: THE UNIVERSITY DID NOT RECEIVE A SEPARATE AUDITED FINANCIAL STATEMENT. HOWEVER, THE UNIVERSITY'S CONSOLIDATED FINANCIAL STATEMENTS INCLUDING THE BALANCE SHEET AND RELATED STATEMENTS OF ACTIVITIES AND CASH FLOWS WERE AUDITED IN ACCORDANCE WITH GAAP AND WERE REPORTED ON A CONSOLIDATED BASIS. PART IV, LINE 24B: THE UNIVERSITY PLANS TO SPEND PROCEEDS WITHIN THE TEMPORARY PERIOD EXCEPTION, BUT IN CASES WHEN IT DOES NOT, IT PREPARES THE APPROPRIATE ARBITRAGE REPORTING AND REMITS ANY EXCESS EARNINGS OVER THE ARBITRAGE YIELD TO THE GOVERNMENT. PART IV, LINE 24C: THE UNIVERSITY RECEIVED IN A PRIOR YEAR A DONATION RESTRICTED FOR PROJECTS FUNDED BY BONDS WHICH IT PUT INTO ESCROW UNTIL THE EARLIEST REDEMPTION DATE. FORM 990, PAGE 2, PART III, LINE 4D ORGANIZED ACTIVITIES: ORGANIZED ACTIVITIES MAKE AVAILABLE TO THE PUBLIC VARIOUS RESOURCES THAT EXIST WITHIN THE UNIVERSITY SUCH AS SEMINARS, CONFERENCES AND CAMPS. FORM 990, PART V, LINE 4B UNITED KINGDOM, FRANCE FORM 990, PART VI SECTION B, LINE 14: SOUTHERN METHODIST UNIVERSITY DOES NOT HAVE A UNIVERSITY-WIDE RETENTION POLICY, BUT DEPARTMENTS WITHIN THE UNIVERSITY HAVE RETENTION AND DOCUMENT DESTRUCTION POLICIES THAT REFLECT LEGISLATIVE OR OTHER LEGAL REQUIREMENTS AND GOOD BUSINESS PRACTICES. FORM 990, PAGE 6, PART VI, LINE 2 R. GERALD TURNER RAY HUNT PRESIDENT TRUSTEE BUSINESS RELATIONSHIP JEANNE PHILLIPS RAY HUNT TRUSTEE TRUSTEE BUSINESS RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 7B PURSUANT TO THE RESTATED ARTICLES OF INCORPORATION OF SMU, CAMPUS PROPERTY MAY BE SOLD OR LEASED ONLY WITH THE CONSENT OF THE SOUTH CENTRAL JURISDICTIONAL CONFERENCE OF THE UNITED METHODIST CHURCH. FORM 990, PAGE 6, PART VI, LINE 11B THE COMPLETED FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES AT A REGULARLY SCHEDULED MEETING SUFFICIENTLY IN ADVANCE OF THE FILING DEADLINE TO ENABLE A DETAILED AND CONSCIENTIOUS REVIEW BY THE COMMITTEE. ALL QUESTIONS AND CONCERNS OF THE AUDIT COMMITTEE ARE ADDRESSED BY THE UNIVERSITY AND INCORPORATED INTO THE FORM 990 AS REQUIRED. THE CHAIR OF THE AUDIT COMMITTEE REPORTS ON THIS REVIEW TO THE FULL BOARD OF TRUSTEES AT THE NEXT REGULAR MEETING OF THE BOARD OF TRUSTEES. THE CHAIR OF THE AUDIT COMMITTEE INSTRUCTS THE MEMBERS OF THE BOARD ON HOW TO ACCESS THE FORM 990 ON A SECURE WEBSITE AND ENCOURAGES ANY TRUSTEE WITH QUESTIONS TO CONTACT THE VICE PRESIDENT FOR BUSINESS AND FINANCE. ALL BOARD MEMBERS ALSO RECEIVE AN EMAIL CONTAINING INSTRUCTIONS ON HOW TO ACCESS THE FORM 990 PRIOR TO THE IRS FILING DEADLINE. FORM 990, PAGE 6, PART VI, LINE 12C PURSUANT TO THE SMU CONFLICT OF INTEREST POLICY RELATING TO TRUSTEES, MEMBERS OF BOARD COMMITTEES, EXECUTIVE OFFICERS, AND DEANS, EACH COVERED PERSON COMPLETES A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY. THESE DISCLOSURES ARE REVIEWED BY A BOARD OF TRUSTEES CONFLICTS COMMITTEE. THE COMMITTEE REVIEWS THE MATERIAL FACTS AND DECIDES WHETHER SUCH FACTS GIVE RISE TO CONFLICTS OF INTEREST AND, IF SO, WHETHER SUCH CONFLICTS OF INTEREST SHOULD BE APPROVED OR DISAPPROVED. WITH RESPECT TO ANY OTHER SMU EMPLOYEES WITH AUTHORITY TO SIGN CONTRACTS OR WHO OTHERWISE PLAY A SUBSTANTIVE ROLE IN THE CONTRACT APPROVAL PROCESS FOR FINANCIAL AND OTHER COMMERCIAL COMMITMENTS OF THE UNIVERSITY, EACH SUCH PERSON MUST COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY. THESE DISCLOSURES ARE REVIEWED BY THE GENERAL COUNSEL. UPON REVIEW OF ALL MATERIAL FACTS, THE GENERAL COUNSEL MUST DECIDE WHETHER SUCH FACTS GIVE RISE TO CONFLICTS OF INTEREST AND, IF SO, WHETHER SUCH CONFLICTS OF INTEREST SHOULD BE APPROVED OR DISAPPROVED. THE GENERAL COUNSEL PROVIDES A WRITTEN REPORT OF ALL SUCH DETERMINATIONS TO THE BOARD CONFLICTS COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 15A PURSUANT TO THE COMPENSATION COMMITTEE CHARTER ADOPTED BY THE SMU BOARD OF TRUSTEES, THE COMPENSATION COMMITTEE OF THE SMU BOARD OF TRUSTEES CONSISTS ENTIRELY OF OUTSIDE AND INDEPENDENT MEMBERS OF THE BOARD. THE COMMITTEE MAKES COMPENSATION DECISIONS BASED UPON APPROPRIATE COMPARABILITY DATA AND INCLUDES THE ADVICE OF AN INDEPENDENT COMPENSATION CONSULTANT AND CONTEMPORANEOUS DOCUMENTATION OF THE COMPENSATION DECISIONS. THE COMPENSATION COMMITTEE HAS ALL OF THE POWERS OF THE FULL BOARD IN MATTERS OF COMPENSATION OF CORPORATE OFFICERS; THE COMPENSATION COMMITTEE MUST REPORT ANY ACTION TAKEN BY THE COMMITTEE TO THE BOARD OF TRUSTEES AT THE BOARD'S NEXT MEETING. FORM 990, PAGE 6, PART VI, LINE 15B SEE ANSWER IN PART VI, LINE 15A. FORM 990, PAGE 6, PART VI, LINE 17 MISSISSIPPI, MISSOURI, NEW HAMPSHIRE, NEW JERSEY, NEW MEXICO, NEW YORK, NORTH CAROLINA, NORTH DAKOTA, OHIO, OREGON, PENNSYLVANIA, RHODE ISLAND, SOUTH CAROLINA, TENNESSEE, UTAH, VIRGINIA, WASHINGTON, WEST VIRGINIA, WISCONSIN FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART VI, LINE 18 - ALL REQUESTS FOR COPIES OF FORM 990 AND 990-T ARE REVIEWED AND PROCESSED BY THE TAX DEPARTMENT OF SOUTHERN METHODIST UNIVERSITY. UPON RECEIVING A WRITTEN REQUEST, THE UNIVERSITY PROVIDES A COPY OF THE REQUESTED DOCUMENTATION WITHIN 30 DAYS FROM THE DATE OF RECEIPT. IF THE REQUEST IS MADE IN PERSON, THE UNIVERSITY PROVIDES THE COPIES ON THE DAY OF THE REQUEST, UNLESS UNUSUAL CIRCUMSTANCES PREVENT THIS IN WHICH CASE THE REQUESTED DOCUMENTATION IS PROVIDED WITHIN FIVE DAYS AFTER THE DATE OF THE REQUEST. FORM 990, PART XI THE AUDIT COMMITTEE FOR SOUTHERN METHODIST UNIVERSITY, THE SUPPORTED ORGANIZATION, IS RESPONSIBLE FOR REVIEWING THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS AND ACCOMPANYING FOOTNOTES. DURING THE AUDIT COMMITTEE MEETING, THE COMMITTEE MEMBERS ARE GIVEN AN OPPORTUNITY TO ASK QUESTIONS OF MANAGEMENT AND THE AUDIT FIRM. SIGNIFICANT TRANSACTIONS ARE HIGHLIGHTED IN THE EXECUTIVE SUMMARY PROVIDED TO THE COMMITTEE. FORM 990, PART XI, LINE 9 TRANSFER OF NET ASSETS FROM SUPPORT ORGS IN LIQUID -23,994,764 PERUNA HOLDINGS CORPORATION PO BOX 750261 DALLAS TX 752750261 204039621 SUPPORTING TX 509A3 12A SMU false MUSTANG MOCKINGBIRD CORPORATION PO BOX 750261 DALLAS TX 752750261 204216744 SUPPORTING TX 509A3 12A SMU false MUSTANG AIRLINE CORPORATION PO BOX 750261 DALLAS TX 752750261 204217087 SUPPORTING TX 509A3 12A SMU false MUSTANG MOCKINGBIRD PROPERTIES PO BOX 750261 DALLAS TX 752750261 204216534 SUPPORTING TX 509A3 12A SMU false PERUNA PROPERTIES INC PO BOX 750261 DALLAS TX 752750261 752806008 SUPPORTING TX 509A3 12A SMU false SOUTHERN METHODIST UNIVERSITY FOUND PO BOX 750261 DALLAS TX 752750261 200588905 SUPPORTING TX 509A3 12A SMU false SMU CORP PO BOX 750261 DALLAS TX 752750261 264739435 SUPPORTING TX 501C3 12A SMU false PERUNA EAST CORPORATION PO BOX 750261 DALLAS TX 752750261 454611768 SUPPORTING TX 501C3 12A SMU false SMU GOLF FOUNDATION PO BOX 750261 DALLAS TX 752750261 465131991 SUPPORTING TX 501C3 12A SMU false CHARITABLE REMAINDER TRUST 7 DALLAS TX 75275 TRUST TX SMU TRUST false false false false false false false false false false false true true false true true false false true true ALL TRANSACTIONS MARKED YES ABOVE ARE WITH 501(C)(3) ORGANIZATIONS