2018-04-26T14:31:03-05:00 2017-06-30 390859910 Baker Tilly Virchow Krause LLP 777 E Wisconsin Ave Milwaukee WI 53202 990 2016-07-01 941581707 Graduate Theological Union GRAD 5106492430 2400 Ridge Road Berkeley CA 94709 Ellen Peterson CFO 5106492430 2018-04-23 1 Troy Marine CPA P00187863 4147775500 38.122.82.115 2018-04-23 10:08:56 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 FC291E00EDC6CE15C22AD045E9D90E0D24B72456 2016 2021-01-29 14:40:06Z Riess W Potterveld 2400 Ridge Road Berkeley CA 94709 28973671 0 X WWW.GTU.EDU X 1962 CA FOUNDED BY ECUMENICAL PIONEERS IN 1962, THE GRADUATE THEOLOGICAL UNION IN BERKELEY, CALIFORNIA, IS THE LARGEST AND MOST DIVERSE PARTNERSHIP OF SEMINARIES AND GRADUATE SCHOOLS IN THE UNITED STATES. OUR INTERFAITH APPROACH ATTRACTS LEADING THEOLOGIANS, SCHOLARS OF RELIGION, AND STUDENTS FROM AROUND THE WORLD WHO ARE PURSUING NEW MODELS FOR INTERRELIGIOUS COLLABORATION IN TEACHING, RESEARCH, MINISTRY, AND SERVICE. AS A CONSORTIUM, WE HAVE THE LARGEST THEOLOGICAL FACULTY IN ONE LOCATION IN THE UNITED STATES. STUDENTS PURSUING A PH.D., TH.D., M.A., OR ONE OF TWO JOINT PH.D. PROGRAMS WITH THE UNIVERSITY OF CALIFORNIA AT BERKELEY SHARE A WORLD-CLASS LIBRARY, ACCESS TO MORE THAN 700 COURSES ACROSS MEMBER SCHOOLS AND ACADEMIC DISCIPLINES, AND A STRONG SENSE OF COMMUNITY. 33 32 156 32 9230 -3779 14088231 778474 6180628 6638039 890468 1173768 30751 46081 21190078 8636362 1037696 1314642 0 0 4917500 5508970 0 0 438289 3286497 3767788 9241693 10591400 11948385 -1955038 59090649 61181151 1370244 1266778 57720405 59914373 X THE MISSION OF GTU IS TO: (1) EDUCATE MEN AND WOMEN FOR VOCATIONS OF MINISTRY AND SCHOLARSHIP, (2) EQUIP LEADERS FOR A FUTURE OF DIVERSE RELIGIONS AND CULTURES, (3) TEACH PATTERNS OF FAITH WHICH NURTURE JUSTICE AND PEACE, AND (4) SERVE AS AN EDUCATIONAL AND THEOLOGICAL RESOURCE FOR LOCAL COMMUNITIES, THE NATION, AND THE WORLD. 0 0 3506410 1314642 3012293 INSTRUCTION AND ACADEMIC SERVICES - PROVIDED INSTRUCTION, academic advising and other services for 300 students enrolled in master and doctoral degree programs. Provided instructions to other students in the consortia. 2659551 1885576 LIBRARY - OPERATED THE William and FLORA LAMSON HEWLETT LIBRARY, one of the most comprehensive theological libraries in the United States. The library contains more than 450,000 books, 1,500 periodical subscriptions, and 292,000 microforms and audio visual materials. 878263 1740170 Provided educational services to eight member institutions and other affiliated organizations. These services include a financial aid office, business office, registrar services and informational technology services. 7044224 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 37 0 156 1 1 1 0 0 0 0 0 0 0 0 0 X 33 32 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X Ellen Peterson 5106492430 2400 RIDGE ROAD BERKELEY CA 94709 RIESS W POTTERVELD President 37.50 X X 137188 0 70694 Susan Cook Hoganson Chair, Trustee 5.00 X X 0 0 0 Sara D Lipscomb Vice Chair, Trustee 5.00 X X 0 0 0 Robert Wilkins Vice Chair, Trustee 5.00 X X 0 0 0 David O'NEILL Treasurer, Trustee 5.00 X X 0 0 0 MARY JO POTTER Secretary, Trustee 5.00 X X 0 0 0 Josefina J Card Trustee 5.00 X 0 0 0 ABID FAROOQ Trustee 5.00 X 0 0 0 Douglas Kahn Trustee 5.00 X 0 0 0 Mike Kim Trustee 5.00 X 0 0 0 HaroLD T LEACH Trustee 5.00 X 0 0 0 Rita SEMEL Trustee 5.00 X 0 0 0 Robert Sheeran Trustee 5.00 X 0 0 0 GeoRGE D SMITH Trustee 5.00 X 0 0 0 Robert V Thompson Trustee 5.00 X 0 0 0 Dale Walker Trustee 5.00 X 0 0 0 Ruth Meyers Trustee 5.00 X 0 0 0 ScotT A MITCHELL Trustee 5.00 X 0 0 0 Christopher Moreland Trustee 5.00 X 0 0 0 Nick Carter Trustee 5.00 X 0 0 0 W Mark Richardson Trustee 5.00 X 0 0 0 Peter Rogers trustee 5.00 X 0 0 0 Michael E Engh Trustee 5.00 X 0 0 0 Chris Kimball Trustee 5.00 X 0 0 0 David Vasquez-Levy Trustee 5.00 X 0 0 0 James L McDonald Trustee 5.00 X 0 0 0 Rosemary Bray McNatt trustee 5.00 X 0 0 0 P Donald White Jr Trustee 5.00 X 0 0 0 Eileen Bitten Trustee 5.00 X 0 0 0 Judith Larsen Trustee 5.00 X 0 0 0 WIlliam D Glenn trustee 5.00 X 0 0 0 John Hokenstad Trustee 5.00 X 0 0 0 Barb Greeve Trustee 5.00 X 0 0 0 Brian Stein-Webber Trustee (Part Year) 5.00 X 0 0 0 Judith Berling Part Year Vice President and Academic Dean 22.50 X 63080 0 8521 Steven G Argyris Vice President and CFO 37.50 X 128431 0 21181 Alan D Kelchner VP for Advancement 22.50 X 84774 0 17910 Kathleen Kook VP and Dean of Students 37.50 X 100243 0 18291 Uriah Kim Vice President and Academic Dean 37.50 X 0 0 0 Jeffrey DiGregorio Chief Information Tech 37.50 X 101177 0 12607 Ellen Peterson Controller 37.50 X 107030 0 12869 Arthur J Holder FORMER VP AND DEAN THRU 6/30/16 37.50 X 92009 0 12123 813932 0 174196 5 1 1 0 Ellucian 62814 Collections Center Drive Chicago IL 60693 Software Licenses and Support 217919 Ferrilli Information Group 41 S Haddon Avenue Haddonfield NJ 08033 Software Support 151075 2 64349 714125 5175 778474 Educational activities 611710 3777114 3777114 TUITION AND FEES 611710 2860925 2860925 6638039 391060 -12257 403317 21120017 20337309 782708 782708 21487 761221 OTHER SOURCES 900099 46081 46081 46081 8636362 6638039 9230 1210619 1314642 1314642 623301 106830 388579 127892 3739709 2649344 998537 91828 245827 137489 92935 15403 598911 331607 232590 34714 301222 172453 111910 16859 499098 212941 212840 73317 29261 5242 24019 77073 10312 66761 77651 77651 52851 37192 15659 172204 49848 114374 7982 701703 311599 371500 18604 561548 487893 67578 6077 109185 94562 9988 4635 171861 103626 49436 18799 10023 10023 1057324 968069 83777 5478 128171 6813 121358 Taxes and Fees 85263 16262 67959 1042 Other Expenses 34572 27500 7072 10591400 7044224 3108887 438289 2195712 435663 7552988 3112817 3964654 3332209 111873 196293 374821 340522 34571501 23190606 11784177 11380895 24875151 31752102 7657656 10022557 369807 397320 203810 210773 59090649 61181151 483393 529168 191706 47899 695145 689711 1370244 1266778 X 14161901 13423107 14782354 17521917 28776150 28969349 57720405 59914373 59090649 61181151 -1955038 4149006 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X X Educational purposes 0 41654212 186236 5357076 549774 1043592 45604158 32572652 11038387 -631491 426202 899134 41654212 32969573 77682 795130 397160 872573 32572652 29239872 97897 4591377 333105 626468 32969573 26802892 386802 3012817 269901 692738 29239872 0.03480 0.63490 0.33030 1 0 716677 716677 17071818 10650044 6421774 33650 10562 23088 2325589 1753893 571696 14423767 10776107 3647660 11380895 Real Estate 5740799 F Private Equity Funds 3913294 F Distressed Debt 368464 F 10022557 GOVERNMENT GRANTS REFUNDABLE 389711 FUNDS HELD FOR OTHERS 300000 689711 X 11393075 4149006 4149006 7244069 77651 1314642 1392293 8636362 9199107 0 9199107 77651 1314642 1392293 10591400 Part III, Line 1a: The GTU's collections are not recognized as assets on the statement of financial position. Purchases of collections are recorded as decreases in unrestricted net assets in the year in which the items are acquired or as temporarily restricted net assets if a donor makes a contribution intended to fund the subsequent purchase of collections. Contributions of collections are not reflected in the statement of activities. Part III, Line 4: The GTU collects religiously related art and other collections. The GTU maintains a program in "Religion and the Arts and uses the collections to further instruction and scholarly research. Part V, Line 4: Endowments support the programs of the school, including providing student financial aid and funding faculty positions. Part X, Line 2: The GTU follows the accounting standards for contingencies in evaluating uncertain tax positions. This guidance prescribes recognition threshold principles for the financial statement recognition of tax positions taken or expected to be taken on a tax return that are not certain to be realized. No liability has been recognized by the GTU for uncertain tax positions as of June 30, 2017 and 2016. The GTU's tax returns are subject to review and examination by federal and state authorities. Part XI, Line 4b - Other Adjustments: Grants and Scholarships 1,314,642. Part XII, Line 4b - Other Adjustments: GRANTS AND SCHOLARSHIPS 1,314,642. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 In the Graduate Theological Union's printed materials and the website. Schedule E, Part I, Line 6 THE INSTITUTION RECEIVES FINANCIAL ASSISTANCE FROM THE US GOVERNMENT IN CONNECTION WITH VARIOUS PROGRAMS SUCH AS THE PERKINS STUDENT LOAN PROGRAM AND THE FEDERAL COLLEGE WORK-STUDY PROGRAM. Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 Investment Activities 6428855 0 0 0 0 0 0 6428855 0 6428855 1 0 0 1 1 0 SCHEDULE F, PART IV, LINE 4: THE ORGANIZATION INVESTS IN PARTNERSHIPS THAT HOLD DIRECT OR INDIRECT INTERESTS IN PASSIVE FOREIGN INVESTMENT COMPANIES. THE INVESTMENT PARTNERSHIPS HAVE PROPERLY FILED FORM 8621, OR THE UNDERLYING INVESTMENTS DID NOT GENERATE ANY UNRELATED BUSINESS INCOME. UNDER THESE FACTS, IT IS NOT NECESSARY FOR THE ORGANIZATION TO FILE AN ADDITIONAL 8621. Schedule F, Part IV, Line 5: THE ORGANIZATION INVESTS IN PARTNERSHIPS THAT HOLD DIRECT OR INDIRECT INTERESTS IN FOREIGN PARTNERSHIPS. HOWEVER, THE ORGANIZATION DOES NOT MEET THE FILING REQUIREMENTS OF FORM 8865 AS A RESULT. 1 SCHOLARSHIPS AND GRANTS PROVIDED AS FINANCIAL AID TO STUDENTs 91 1314642 Part I, Line 2: The GTU awards scholarships in the form of tuition discounts to its students. Scholarships are based on both demonstrated financial need and merit. X X 1 1 X X X 1 0 0 0 0 0 0 0 0 RIESS W POTTERVELD President 137188 0 0 0 0 0 10341 0 60353 0 207882 0 0 0 Judith Berling Part Year Vice President and Academic Dean 63080 0 0 0 0 0 3564 0 4957 0 71601 0 0 0 Arthur J Holder FORMER VP AND DEAN THRU 6/30/16 92009 0 0 0 0 0 6642 0 5481 0 104132 0 0 0 Part I, Line 1a A clergy housing allowance is provided in lieu of salary for some individuals, including the Presdient. The housing allowance is included in Part II, Column D. Part I, Line 4a JEFFREY DEGREGORIo RECEIVED A SEVERANCE PACKAGE IN THE AMOUNT OF $19,707 DURING THE FISCAL YEAR. Form 990, Part VI, Section A, line 1 THE EXECUTIVE COMMITTEE OF THE BOARD HAS AUTHORITY TO ACT ON THE BOARD'S BEHALF. THE EXECUTIVE COMMITTEE IS COMPRISED OF OFFICERS OF THE BOARD; THE CHAIRS OF THE BOARD'S FINANCE, AUDIT, ACADEMIC, TRUSTEE, LIBRARY COMMITTEES; THE STUDENT TRUSTEE REPRESENTATIVES; AND A REPRESENTATIVE FROM THE PRESIDENT'S COUNCIL. Form 990, Part VI, Section A, line 7a Presidents of member schools are appointed by the board of that school. Presidents of member schools are automatically members of the GTU board of trustees. Form 990, Part VI, Section B, line 11b The board of directors receives a full copy of the return for review before filing with the IRS. Form 990, Part VI, Section B, line 12c A CONFLICT OF INTEREST POLICY IS DISTRIBUTED to each member of the governing board. Each board member is asked to complete a conflict disclosure statement. If a potential conflict of interest is identified, it is referred to the board audit committee for investigation and determination whether a conflict of interest exists or not. Form 990, Part VI, Section B, line 15a The board has a compensation committee comprised of independent members of the board of directors. The committee reviews comparable salaries and benefits prior to establishing compensation for the president. The president reviews comparative data for key employees and other officers prior to determining compensation. Form 990, Part VI, Section C, line 18 Documents are available upon request. Form 990, Part VI, Section C, line 19 Documents are available upon request. Form 990, Part XII, Line 2c: The organization did not change its oversight and selection process for the audit of the financial statements during the tax year.