2017-05-12T13:22:42-05:00 2016-06-30 363990892 Capin Crouse LLP 3010 Saturn Street Suite 205 Brea CA 92821 990 2015-07-01 951699394 Fuller Theological Seminary FULL 6265845460 135 N Oakland Avenue Pasadena CA 911820001 Leonard J Moon Chief Financial Officer 6265845460 2017-05-12 1 David C Moja P00747006 7149619300 2015 2021-01-29 14:40:06Z Leonard J Moon 135 N Oakland Avenue Pasadena CA 911820001 71665448 0 X www.fuller.edu X 1947 CA Provides graduate degrees in Theology,Psychology,Intercultural Studies&operates a Psych Center. 40 39 1571 39 673833 -86666 24275872 13788851 37257677 38381373 5647185 3553013 942010 10725 68122744 55733962 6204710 6133220 0 0 38679375 39798012 0 0 2378393 28100345 25169623 72984430 71100855 -4861686 -15366893 314362185 282835308 77986173 76267627 236376012 206567681 X The Seminary is an international, multi-denominational, post-baccalaureate school of religious learning that prepares students for a wide variety of Christian vocations through its schools of Theology, Psychology and Intercultural Studies. 0 0 32873786 3597841 18853945 School of Theology - 920 full-paid equivalent students served 11920006 1255535 5695446 School of Psychology - 287 full-paid equivalent students served 7435082 1184861 3682611 School of Intercultural Studies - 325 full-paid equivalent students served 1128903 39056 59500 Urban Youth Certification Program 872291 820091 Psychological Center - Student trainees provided counseling services to members of the community. 55927 55927 1926782 Other Miscellaneous Programs 2057121 94983 2806373 54285995 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 1 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 1 317 0 1 1571 1 1 1 0 0 0 0 0 0 0 0 0 X 40 39 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA WA X X Denise Rodrigues Controller 6265845453 135 N Oakland Avenue Pasadena CA 911820001 Mark Labberton President/Trustee 40.00 X X 243315 0 97146 C Jeffrey Wright Vice Chair/Trustee 0.10 X X 0 0 0 Daniel L Villanueva Treasurer/Trustee 0.10 X X 0 0 0 Robert M Anderson Trustee 0.10 X 0 0 0 Mary Vermeer Andringa Trustee 0.10 X 0 0 0 David L Bere Trustee 0.10 X 0 0 0 Russell J Bloem Trustee 0.10 X 0 0 0 Thomas G Bost Trustee 0.10 X 0 0 0 William K Brehm Trustee 0.10 X 0 0 0 Gaylen J Byker Trustee 0.10 X 0 0 0 Merlin W Call Trustee 0.10 X 0 0 0 Barbara H Carlsberg Trustee 0.10 X 0 0 0 Peter Chao Trustee 0.10 X 0 0 0 Daniel L Chun Trustee 0.10 X 0 0 0 Andrew H Crouch Trustee 0.10 X 0 0 0 David Eaton Trustee 0.10 X 0 0 0 Evelyn W Freed Trustee 0.10 X 0 0 0 David Fung Trustee 0.10 X 0 0 0 Nathan O Hatch Trustee 0.10 X 0 0 0 T William Hoehn III Trustee 0.10 X 0 0 0 Anne M Huffman Trustee 0.10 X 0 0 0 James R Hunt Trustee 0.10 X 0 0 0 Bill Sung-Kook Hwang Trustee 0.10 X 0 0 0 Richard Kannwischer Trustee 0.10 X 0 0 0 Charles Kim Trustee 0.10 X 0 0 0 Larry R Langdon Trustee 0.10 X 0 0 0 Jim Mellado Trustee 0.10 X 0 0 0 Dennis K Metzler Trustee 0.10 X 0 0 0 Daniel D Meyer Trustee 0.10 X 0 0 0 Shirley A Mullen Trustee 0.10 X 0 0 0 John C Ortberg Jr Trustee 0.10 X 0 0 0 Clifford L Penner Trustee 0.10 X 0 0 0 Jack D Samuelson Trustee 0.10 X 0 0 0 Meritt Lohr Sawyer Trustee 0.10 X 0 0 0 Larry A Smith Trustee 0.10 X 0 0 0 Jody A De Pree Vanderwel Trustee 0.10 X 0 0 0 Bill Voge Trustee 0.10 X 0 0 0 Grant A Wacker Trustee 0.10 X 0 0 0 Gail T Weyerhaeuser Trustee 0.10 X 0 0 0 Dale C Wong Trustee 0.10 X 0 0 0 Jon R Yasuda VP for Institutional Advan 40.00 X 174830 0 31436 John Ward VP for Finance 40.00 X 147307 0 32420 Leonard J Moon VP for Finance/CFO 40.00 X 0 0 0 Leonard Tang Secretary 40.00 X 38966 0 62215 Charles D McConnell Provost and Senior VP 40.00 X 136251 0 107072 Irene Neller VP for Communications, Mkt 40.00 X 169300 0 14438 Tod E Bolsinger VP for Vocation and Format 40.00 X 120953 0 116445 Scott Cormode Director - Centers for Innovation 40.00 X 196261 0 107908 Joseph Davison Director - Brehm Center 40.00 X 176232 0 0 John Kamperschroer Director of Development 40.00 X 144448 0 41358 Kimberly Odom Thompson Director - Development TX 40.00 X 148961 0 28127 Theopolis Cosse Chair & Exec. Director of FPFS, Doctoral Psycholog 40.00 X 140122 0 6829 Richard J Mouw Former President/Trustee 40.00 X 150477 0 36464 1987423 0 681858 31 1 1 0 Capin Crouse LLP 972 Emerson Parkway Suite A Greenwood IN 46143 Accounting 159527 Rogelio Sanchez Painting 3400 E Milton St Pasadena CA 91107 Painter 157571 Otis Elevator Company Treasury Services One Farm Spring Farmington CT 06032 Elevator Maintenance 152003 BrightView Landscape Services PO Box 57515 Los Angeles CA 90074 Landscaping 147508 Post Alarm Systems 47 E St Joseph St Arcadia CA 91066 Security 130102 10 181294 13607557 462404 13788851 Tuition 611310 28078020 28078020 Auxiliary Services 623000 6523390 6523390 Psychological Center 611310 820091 820091 Auxiliary Services 531120 673833 673833 Fees 611310 571745 571745 1714294 1568519 145775 38381373 1553365 1553365 10725 10725 17931134 15931486 1999648 1999648 1999648 55733962 31038375 673833 10232903 6133220 6133220 1750015 647175 896165 206675 29605779 23776403 4426492 1402884 1707851 1338013 285833 84005 4891521 4015268 734589 141664 1842846 1403746 345264 93836 107138 6605 95448 5085 104292 104292 1853507 15938 1837569 2470173 1888144 576147 5882 432051 170265 250121 11665 2972638 1780528 1073730 118380 1248675 368274 851664 28737 6195891 5368862 827029 2127243 1724503 266386 136354 285636 231488 37912 16236 2372917 2080000 292917 3171426 2200000 960426 11000 3670 3670 Hospitality 820566 520147 186033 114386 Miscellaneous Expense 369683 338283 30697 703 Bad Debt Expense 270877 3500 267377 License Fees 96625 55533 41092 266615 220100 45614 901 71100855 54285995 14436467 2378393 2797720 5984176 160170 160491 3928080 1897670 4350379 3272319 1128076 903076 1871688 1198179 94196 45260 5743609 5790818 128623341 35463953 94985908 93159388 97465276 74963610 19148812 22789958 82688271 72670363 314362185 282835308 4043087 4873550 4463193 4238342 49915000 49088000 10716759 8363417 8848134 9704318 77986173 76267627 X 50734688 30862899 73621790 66251979 112019534 109452803 236376012 206567681 314362185 282835308 X -15366893 -8268432 -6173006 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 200851101 499876 1543170 1947638 8472903 928353 191545253 210081154 1212212 691530 -3150630 -7372516 -610649 200851101 174841658 4585226 41400858 -3176288 -6913572 -656728 210081154 171432090 3878885 9598429 -4373293 -5232006 -462447 174841658 165587336 7053292 8300812 -4240073 -4369212 -900065 171432090 0.20280 0.21360 0.58360 0 1 1 14298580 14298580 98785264 23144256 75641008 786063 572523 213540 9451792 8541805 909987 5301642 3205369 2096273 93159388 Trust Deeds & Notes Rec 11835817 F Cash & Cash Equivalents 1162290 F Money Market Funds 8847353 F Real Estate & Real Estate Interests 944498 F 22789958 Beneficial Interest in Perpetual Tr 3515565 Interest in Investments of Financially Interrelated Entity 41535933 Interest in Net Assets of Financially Interrelated Entity 27618865 72670363 Annuities Payable 722919 Deposits 958154 Assets Held for Auxiliary Organizat 141873 Perkins Loan Funds Repayable to Fed 672069 Interest Rate Swap 5073228 Peoria Repurchase Liability 2136075 9704318 X 34402134 -8268432 -14281548 -22549980 56952114 -1218151 -1218151 55733963 64210464 0 64210464 6890391 6890391 71100855 Part V, Line 4: The Organization's endowment consists of over 200 individual funds established for a variety of purposes, primarily for endowed chairs, endowed scholarships and other program related expenditures. Part X, Line 2: The following is the excerpt and wording from the Seminary's audited financial statements regarding Uncertain Tax Positions Under Fin 48. "Uncertain Tax Positions - The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will not be sustained upon examination. Interest and penalties, if any, are included in expenses in the statements of activities. As of June 30, 2016 and 2015, the Organization had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. The Organization files information tax returns in the U.S. and various states. The Organization is subject to income tax examinations for the current year and certain prior years based on the applicable laws and regulations." Part XI, Line 2d - Other Adjustments: Scholarships -6,133,220. Change in Net Assets of Financially Interrelated Entity -2,806,297. Change in Investments of Financially Interrelated Entity -3,448,304. Assessment Fees -1,837,569. Administrative Management Fees -15,938. Change in Value of Split Interest Agreements -40,220. Part XI, Line 4b - Other Adjustments: Audit Reclassifications -1,162,378. Misc Account Reclassifications -55,773. Part XII, Line 4b - Other Adjustments: Scholarships 6,133,220. Assessment Fees 1,837,569. Administrative Management Fees 15,938. Change in Value of Interest Rate Swap -785,367. Misc Account Reclassification -310,969. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Non-discrimination policy is published in the course catalog and posted on the Fuller Website Schedule E, Part I, Line 6 Fuller Theological Seminary received funds for Student Financial Aid from the U.S. Department of Education, through the Federal Direct Loan Program, the Federal Graduate PLUS Loan Program, the Federal Work-Study Program and the Federal Perkins Loan Program. South Asia - South Korea 1 0 Program Services Academic Support for Theological Education 69921 1 0 0 0 1 0 69921 0 69921 0 0 0 0 0 0 Part I, Line 2: The Organization only has revenue and expenses outside the U.S. related to program service activities. Part I, line 3: All expenditures are accounted for on the accrual basis of accounting, and expenditures for program service activities are supported by appropriate documentation. 1 Grant in Aid for Students attending the Organizations Campuses in North America 1843 6133220 FMV Does not provide non-cash assistance. Part I, Line 2: The Organization only awards financial assistance or grant-in-aid to individuals who are designated to meet the educational expenses of students attending Fuller Theological Seminary. The Organization has established institutional policies for awarding and monitoring of financial assistance. Each award is done in accordance with the policies and compliance is monitored by senior management, to ensure that the amount and eligibility of individuals is in accordance with established policies. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Mark Labberton President/Trustee 234751 0 0 0 8564 0 55800 0 42146 0 341261 0 0 0 Jon R Yasuda VP for Institutional Advan 173766 0 0 0 1064 0 15012 0 16956 0 206798 0 0 0 John Ward VP for Finance 144674 0 0 0 2633 0 9803 0 23076 0 180186 0 0 0 Charles D McConnell Provost and Senior VP 128546 0 0 0 7705 0 49300 0 58120 0 243671 0 0 0 Irene Neller VP for Communications, Mkt 168767 0 0 0 533 0 14438 0 502 0 184240 0 0 0 Tod E Bolsinger VP for Vocation and Format 114430 0 0 0 6523 0 44417 0 72560 0 237930 0 0 0 Scott Cormode Director - Centers for Innovation 195943 0 0 0 318 0 35678 0 72609 0 304548 0 0 0 Joseph Davison Director - Brehm Center 176232 0 0 0 0 0 0 0 0 0 176232 0 0 0 John Kamperschroer Director of Development 143319 0 0 0 1129 0 7500 0 34312 0 186260 0 0 0 Kimberly Odom Thompson Director - Development TX 148558 0 0 0 403 0 7625 0 20961 0 177547 0 0 0 Richard J Mouw Former President/Trustee 147337 0 0 0 3140 0 13981 0 22790 0 187248 0 0 0 Part I, Line 1a The Seminary provides a car allowance to all officers who are also employees of the Organization. This allowance is discretionary and is not part of an accountable plan. Accordingly, the car allowance is reported as other compensation on the employee's W-2. Part I, Line 1b All other expense reimbursements are subject to the Organization's Expense and Travel Reimbursement Policy. A Colorado Educational and Cultural Facilities Authority 840896727 2011-02-25 52980000 Provide funds to defease the 2004 and 2008 issues 0 0 0 A 52980000 2300000 931191 49748809 2011 1 0 1 1 A 0 0 0 1 1 1 Wells Fargo Bank (3) and US Bank (1) 0 0 1 Bayern LB 7.000000000000 1 0 0 A 1 Date Rebate Computation Performed Issuer Name: Colorado Educational and Cultural Facilities Authority Date the Rebate Computation was Performed: 04/01/2016 Charles D Mc Connell Provost & Senior VP Incentive to Attract Key Employee X 275000 275000 0 1 1 John Ward VP for Finance Incentive to Attract Key Employee X 75000 75000 0 1 1 Scott Cormode Center for Innovation Incentive to Attract Key Employee X 150000 150000 0 1 1 Mark Labberton President Incentive to Attract Key Employee X 103076 103076 0 1 1 Tod Bolsinger VP for Vocation and Formation Incentive to Attract Key Employee X 300000 300000 0 1 1 903076 X 14 462404 Mkt Val at date of gift 0 1 0 Part I, Column (b): The number of contributions represent the number of contributions received, not the number of items donated. Form 990, Part VI, Section A, line 1 The Executive Committee is made up of 10 Trustees and includes the 3 major operational officers. The Executive Committee is to exercise the power and authority of the board between meetings of the board subject to limitation imposed by law or the board. The Executive Committee, however, shall have no power to elect new trustees, select a president or other chief executive officer, or approve any amendment of the Articles of Incorporation or bylaws. Form 990, Part VI, Section B, line 11 Form 990 is prepared by an independent CPA firm and reviewed in detail by the Controller. The Controller then provides a complete copy of the return to the chair of the audit committee and to all audit committee members for review. The audit committee follows up with the Controller and CFO on any questions that may arise and a meeting is held to discuss the Form 990. Once all questions are adequately addressed and all corrections made, the audit committee approves the Form 990 and the Chair of the audit committee recommends approval by the full Board of Trustees. The finalized public disclosure copy of the 990 is then made available to the full Board of Trustees prior to filing the return. Form 990, Part VI, Section B, line 12c Annually, officers, trustees and key employees are required to read the conflict of interest policy and to sign and return a completed conflict of interest statement. Throughout the year, any transactions undertaken by the Seminary are reviewed for instances of conflict of interest prior to entering into the agreement/transactions. If an instance of non compliance should occur, the Seminary would address it and make the necessary corrections if needed. Form 990, Part VI, Section B, line 15 The Organization receives from The Association of Theological Schools & The Commission on Accrediting a special purpose report titled "Institutional Peer Profile Report." This report references operating statistics, including salary ranges for all executives, faculty and staff. The report compares the Organization to a customized list of 20 comparable accredited institutions. Data from this report is utilized by the Executive Committee of the Board of Trustees to set executive salary ranges in a closely competitive and resource limited environment with consideration of effective performance of the individuals. Form 990, Part VI, Section C, line 19 All listed documents are made available upon request. In addition, our tax return is posted on guidestar and both our annual audit and tax returns (both 990 and 990T) are available through our Fuller (external)and Portico (Internal) websites. Form 990, Part XI, line 9: Change in Interest in Net Assets of Financially Interelated Entity -2,806,297. Change in Interest in Investments of Financially Interelated Entity -3,448,304. Change in Interest Rate Swap -785,367. Change in Value of Split Interest Agreements -40,220. Other Misc Reclass 866,116. Reclass Adjustment from Audit 41,066. Form 990, Part XII, Line 2c The organization's Audit Committee assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year. The Fuller Foundation 385 E Colorado Blvd Suite 250 Pasadena CA 91101 954124436 Support religious, charitable, educational, literary and scientific purposes CA 170(b)(1)(A)(vi) 0 Charitable Remainder Unitrust (11) Beneficial Interest in Charitable Remainder Unitrust CA 0 Charitable Remainder Annuity Trust (3) Beneficial Interest in Charitable Remainder Annuity Trust CA 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0