2017-03-31T13:24:32-05:00 2016-05-31 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2015-06-01 340714818 FRANCISCAN UNIVERSITY OF STEUBENVILLE FRAN 7402833771 1235 UNIVERSITY BOULEVARD STEUBENVILLE OH 43952 DAVID M SKIVIAT SR VP OF FINANCE & ADMINISTRATION 7402833771 2017-03-10 1 SUSAN M KIRSCH P00341397 4122613644 2015 2021-01-29 14:40:06Z FR SEAN O SHERIDAN 1235 UNIVERSITY BOULEVARD STEUBENVILLE OH 43952 111949004 0 X WWW.FRANCISCAN.EDU X 1946 OH INSTITUTION OF HIGHER EDUCATION AND CHRISTIAN OUTREACH PROGRAMMING. 23 23 2104 162 -168523 -604948 8083206 6146409 70877463 73405071 2531689 2211321 2007936 1512190 83500294 83274991 14964827 16609807 0 0 34191472 36271807 240750 231121 4070740 25851085 26723923 75248134 79836658 8252160 3438333 184532662 187173563 33161550 37559726 151371112 149613837 X THE PURPOSE OF THE UNIVERSITY IS TO FURTHER THE HIGHER EDUCATION OF MEN AND WOMEN THROUGH PROGRAMS OF LIBERAL, PROFESSIONAL, AND PRE-PROFESSIONAL STUDIES LEADING TO THE CONFERRAL OF THE BACCALAUREATE AND MASTER DEGREES IN THE ARTS AND SCIENCES. SAID DEGREES SHALL BE CONFERRED IN ACCORDANCE WITH THE PROVISIONS OF THE ARTICLES OF INCORPORATION OF THE UNIVERSITY AND THE LAWS OF THE STATE OF OHIO.IT SHALL BE THE FURTHER PURPOSE OF THE UNIVERSITY, PUBLICLY IDENTIFIED AS A CATHOLIC AND A FRANCISCAN INSTITUTION, TO PROMOTE THE MORAL, SPIRITUAL, AND RELIGIOUS VALUES OF ITS STUDENTS. THE UNIVERSITY WILL BE GUIDED BY THE EXAMPLE AND TEACHING OF ST. FRANCIS OF ASSISI. 0 0 60922738 16609807 69871931 INSTRUCTION AND AUXILIARY SERVICES (INCLUDING ROOM AND BOARD) AS RELATED TO THE INSTRUCTION OF 2716 UNDERGRADUATE AND GRADUATE STUDENTS (INCLUDES ONLINE DELIVERY STUDENTS)ENROLLED IN 54 MAJORS AND 33 MINOR ACADEMIC PROGRAMS. A TOTAL OF 507 UNDERGRADUATE AND 150 GRADUATE DEGREES WERE CONFERRED IN THE 2015-16 ACADEMIC YEAR. 4019182 3533140 CHRISTIAN OUTREACH PROGRAMS PROVIDE SPIRITUAL FORMATION AND EDUCATION, INVITING CATHOLICS INTO A LIFELONG RELATIONSHIP WITH CHRIST AND HIS CHURCH. 54,433 YOUTH AND ADULTS PARTICIPATE IN ANNUAL CONFERENCES, EVENTS, AND SEMINARS IN THE U.S AND CANADA. A DIGITAL CATECHETICAL PLATFORM ALSO FURTHERS THE UNIVERSITY`S GOALS FOR THE NEW EVANGELIZATION. 64941920 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 1 1 1 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 1 0 1 3841 0 1 2104 1 1 1 1 AU 0 0 0 1 1 0 0 0 0 X 23 23 1 0 1 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X PAULA DONOHUE 7402833771 1235 UNIVERSITY BOULEVARD STEUBENVILLE OH 43952 RICHARD ALLEN TRUSTEE 1.00 0.00 X 0 0 0 DRCHARLES BENTZ TRUSTEE 1.00 0.00 X 0 0 0 REV SERAPHIM BESHONER TOR TRUSTEE 1.00 0.00 X 0 0 0 DIANE BROWN TRUSTEE 1.00 0.00 X 0 0 0 PAUL CARAPELLOTTI TRUSTEE 1.00 0.00 X 0 0 0 REV MICHAEL CISKI TOR TRUSTEE 1.00 0.00 X 0 0 0 THERESA COLLINS TRUSTEE 1.00 0.00 X 0 0 0 DAVID DEWOLF TRUSTEE 1.00 0.00 X 0 0 0 RICHARD RIEDERER TRUSTEE 1.00 0.10 X 0 0 0 MOST REVEREND ROGER J FOYS TRUSTEE 1.00 0.00 X 0 0 0 REV SAM JACOBS TRUSTEE 1.00 0.00 X 0 0 0 W PAUL JONES TRUSTEE 1.00 0.00 X 0 0 0 REV JOHN MARK KLAUS TOR TRUSTEE 1.00 0.00 X 0 0 0 ALBERT H LANGSENKAMP TRUSTEE 1.00 0.00 X 0 0 0 JAMIE MCALEER TRUSTEE 1.00 0.00 X 0 0 0 PAUL NIGRO TRUSTEE (EXITED 8/2016) 1.00 0.00 X 0 0 0 DEACON LARRY ONEY TRUSTEE (ENTERED 10/2015) 1.00 0.00 X 0 0 0 DAVID ROBERTSON TRUSTEE 1.00 0.00 X 0 0 0 MARK THOMAS TRUSTEE (ENTERED 10/2015) 1.00 0.00 X 0 0 0 REV MALACHI VAN TASSELL TOR TRUSTEE 1.00 0.10 X 0 0 0 MICHAEL TOBIN TRUSTEE 1.00 0.00 X 0 0 0 DR PAULA TRZEPACZ TRUSTEE (ENTERED 10/2015) 1.00 0.00 X 0 0 0 REV CLETUS WATSON TOR TRUSTEE 1.00 0.00 X 0 0 0 VERY REV RICHARD DAVIS TOR CHAIRMAN 1.00 0.00 X X 0 0 0 ED JOHNSON VICE CHAIR 1.00 0.00 X X 0 0 0 REV SEAN O SHERIDAN TOR PRESIDENT/BOARD SECR. 50.00 0.50 X X 0 0 0 MICHAEL M HERNON VP OF ADVANCEMENT 50.00 0.00 X 133388 0 77862 DR DANIEL R KEMPTON VP FOR ACADEMIC AFFAIRS 50.00 0.00 X 136700 0 28513 REV NATHAN MALAVOTI TOR VP OF PASTORAL CARE & EVANGELIZATION 50.00 0.00 X 0 0 0 BRENAN PATRICK PERGI VP OF HR 50.00 0.00 X 114162 0 26184 JOEL S RECZNIK VP OF ENROLLMENT MGMT 50.00 0.00 X 121506 0 87350 DAVID ALAN SCHMIESING VP OF STUDENT LIFE 50.00 0.00 X 111123 0 75741 DAVID M SKIVIAT SR VP OF FINANCE & ADMINISTRATION 50.00 0.50 X 161663 0 31112 JANINE STASIULEWICZ SECRETARY OF THE CORPORATION 40.00 0.00 X 43529 0 9547 DR MICHAEL HEALY PROFESSOR CHAIR OF PHILOSOPHY DEPT 50.00 0.00 X 129630 0 24667 DR REGIS E MARTIN PROFESSOR OF THEOLOGY 50.00 0.00 X 103647 0 55829 MICHAEL J WELKER PROFESSOR CHAIR OF ACCOUNTING, BUSINESS DEPT 50.00 0.00 X 110067 0 69041 PATRICK LEE PROFESSOR DIRECTOR OF CENTER OF BIOETHICS 50.00 0.00 X 111169 0 73029 SCOTT HAHN PROFESSOR CHAIR OF BIBLICAL THEOLOGY,NEW EVANGELIZATION 50.00 0.00 X 128353 0 37442 1404937 0 596317 20 0 1 0 SODEXO INC WEST LIBERTY UNIVERSITY 208 UNIVER WEST LIBERTY WV 26074 FOOD SERVICE 2662993 PARKHURST DINING SERVICES 285 EAST WATERFRONT DRIVE SUITE 20 HOMESTEAD PA 15120 FOOD SERVICE 1643567 JAMES WHITE CONSTRUCTION CO 4156 FREEDOM WAY WEIRTON WV 26062 CONSTRUCTION 1431289 MASSARO CORPORATION 120 DELTA DRIVE PITTSBURGH PA 15238 CONSTRUCTION 1047199 FRANCISCAN FRIARS TOR PO BOX 188 LORETTO PA 15940 ADMIN & FACULTY 878849 24 68840 454554 5623015 176651 6146409 TUITION AND FEES 900099 54686720 54686720 AUXILIARY ACTIVITIES 900099 13512618 13512618 CHRISTIAN OUTREACH 611710 3533140 3292043 241097 STUDENT REL.ACTIVITIES 900099 866600 860126 6474 MISCELLANEOUS STUDENT SERVICES 611710 461946 433011 28935 344047 344047 73405071 1412294 -22777 1435071 97754 0 97754 97754 97754 26059061 49524 25309558 0 749503 49524 799027 799027 15508 68840 62880 -47372 -47372 5211 4662 549 549 4758172 3296913 1461259 1883511 -422252 83274991 75012076 -168523 2285029 13803139 13803139 2806668 2806668 1195755 574474 402452 218829 25149741 20246443 3171820 1731478 1303641 1038380 229650 35611 6846960 5233458 982361 631141 1775710 1315790 320991 138929 74939 1900 73039 146881 12019 134862 10000 10000 231121 231121 30664 30664 2058010 1450912 511084 96014 470219 255068 11634 203517 4267860 3107926 864965 294969 1232542 862490 258481 111571 437 437 2817256 2035648 781608 1994665 1763046 114124 117495 104918 64121 29420 11377 937995 729822 208173 4565045 3551908 1013137 427597 258030 169567 FOOD SERVICE 4391637 4391637 REPAIR & MAINTENANCE 1293416 622600 584836 85980 HOSPITALITY 827023 671801 56417 98805 IMPAIRMENT OF AN ASSET 619895 619895 452924 144203 244818 63903 79836658 64941920 10823998 4070740 5810685 958130 6088468 4629740 2000959 1645842 1114528 952825 884476 929795 558216 540278 1169044 1110553 155575675 61629443 80384626 93946232 74910696 70226266 11566985 12195555 43979 38347 184532662 187173563 7029405 8961551 731841 732454 2637163 2528296 14885000 13640000 1749938 1605012 4260857 3978675 1867346 6113738 33161550 37559726 X 108625633 108256913 22803588 20145139 19941891 21211785 151371112 149613837 184532662 187173563 3438333 -5195608 0 X X 0 1 X 1 1 1 X 4027532 4072547 4909586 7044642 4365391 24419698 4027532 4072547 4909586 7044642 4365391 24419698 1106670 23313028 1466755 1456105 1668936 1975947 1510048 8077791 32497489 365249321 0.71740 0.72670 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: AMOUNT: 1109482. DESCRIPTION: AMOUNT: 493121. DESCRIPTION: AMOUNT: 88125. DESCRIPTION: AMOUNT: 42197. DESCRIPTION: AMOUNT: 20000. DESCRIPTION: AMOUNT: 17591. DESCRIPTION: AMOUNT: 3000. DESCRIPTION: AMOUNT: 2494. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 10000 0 0 10000 0 PART II-B, LINE 1: FEES AND GENERAL EXPENSES PAID TO LOBBYIST TO SEEK OPPORTUNITIES FOR GRANTS. X X X 0 55267149 1178488 -1706246 699618 169155 53870618 52091041 1327435 3125778 1277105 55267149 45903865 1681635 5276401 770860 52091041 40063569 220109 6123228 503041 45903865 40927541 852000 -1496660 219312 40063569 0.37000 0.39000 0.24000 0 0 10174111 10174111 126461064 49233786 77227278 18800729 12395657 6405072 139771 139771 93946232 ALTERNATIVE INVESTMENT FUNDS & PARTNERSHIPS 12194555 F GOOD VENTURE ENTERPRISES, LLC 1000 F 12195555 STUDENT AND OTHER DEPOSITS 2113738 LINE OF CREDIT 4000000 6113738 X 64046048 -5195608 3364455 -1831153 65877201 17397790 17397790 83274991 65803323 3364455 3364455 62438868 17397790 17397790 79836658 PART III, LINE 4: THE UNIVERSITY'S COLLECTIONS INCLUDE PAINTINGS, PRINTS, PHOTOGRAPHS, SCULPTURES, DRAWINGS AND WATERCOLORS AND DECORATIVE ARTS. THESE ITEMS ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC, CURATORIAL AND OTHER RELIGIOUS PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. ITEMS ARE REFLECTED IN EQUIPMENT IN THE FINANCIAL STATEMENTS AT APPRAISED VALUE ON THE DATE PURCHASED OR CONTRIBUTED. PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 160 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, INCLUDING DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. NET ASSETS ASSOCIATED WITH THESE ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. PART X, LINE 2: INCOME TAXES - THE UNIVERSITY IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS, THEREFORE, EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE IRC. THE UNIVERSITY IS ALSO EXEMPT FROM STATE INCOME TAX UNDER APPLICABLE STATE STATUTES. HIH, S-8 AND GVP HAVE BEEN ORGANIZED AS LLCS, WHICH ARE NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. HOWEVER, THE TAXABLE INCOME OR LOSS FROM THESE ENTITIES IS INCLUDED IN THE INCOME TAX RETURN OF THE UNIVERSITY. ACCORDINGLY, ANY INCOME THAT IS UNRELATED TO THE EXEMPT PURPOSES OF THE UNIVERSITY IS TREATED AS UNRELATED BUSINESS INCOME ON THE UNIVERSITY'S TAX RETURN. THE UNIVERSITY FOLLOWS THE RELEVANT ACCOUNTING GUIDANCE RELATIVE TO UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN FINANCIAL STATEMENTS. THE UNIVERSITY FILES INFORMATION AND INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION, AND VARIOUS STATES AND FOREIGN JURISDICTIONS. WITH FEW EXCEPTIONS, THE UNIVERSITY IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL OR NON-U.S. EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 67,542. COST OF GOODS SOLD 3,296,913. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 17,397,790. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 67,542. COST OF GOODS SOLD 3,296,913. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 17,397,790. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ALL UNDERGRADUATE AND GRADUATE APPLICATIONS REFLECT NON-DISCRIMINATORY POLICIES. THE POLICY STATEMENT IS CONTAINED IN PRINT AND TV ADVERTISING, AND PUBLISHED IN ADMISSIONS RECRUITMENT MATERIALS, UNIVERSITY CATALOGS, AND DOCUMENTS DISTRIBUTED TO PROSPECTIVE STUDENTS. THE POLICY IS ALSO STATED ON THE UNIVERSITY`S WEBSITE. SCHEDULE E, PART I, LINE 6 THESE FUNDS REPRESENT FINANCIAL AID ISSUED TO STUDENTS IN THE FORM OF FEDERAL AND STATE GRANTS, SCHOLARSHIPS, TUITION DISCOUNTS, AND INSTITUTIONAL FINANCIAL AID. STUDENTS RECEIVING SCHOLARSHIPS AND GRANTS FROM FRANCISCAN UNIVERSITY ARE MONITORED TO ENSURE THEY MEET THE ACADEMIC REQUIREMENTS OR OTHER CRITERIA ASSOCIATED WITH THE RESPECTIVE AWARD. ALL AID IS PROCESSED THROUGH THE FINANCIAL AID OFFICE AND IS POSTED TO THE STUDENTS' RECEIVABLE ACCOUNTS. 1 EUROPE 2 18 PROGRAM SERVICES ACADEMIC, INSTRUCTION, AND SUPPORT SERVICES, CHRISTIAN OUTREACH 3726719 CENTRAL AMERICA AND CARIBBEAN 0 0 PROGRAM SERVICES INSTITUTIONAL SUPPORT,CHRISTIAN OUTREACH 122080 SOUTH AMERICA 0 0 PROGRAM SERVICES CHRISTIAN OUTREACH 141541 NORTH AMERICA 0 0 PROGRAM SERVICES CHRISTIAN OUTREACH 16472 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES CHISTIAN OUTREACH 5917 CENTRAL AMERICA AND CARIBBEAN 0 0 INVESTMENTS 8160713 EUROPE 0 0 SCHOLARSHIPS AND FINANCIAL AID ACADEMIC INSTRUCTIONS 1458215 EUROPE 0 0 GENERAL SUPPORT OPERATING SUPPORT 1348453 2 18 0 0 2 18 14980110 0 14980110 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM GENERAL SUPPORT 1348453 0 1 0 STUDENT AID FOR STUDY ABROAD PROGRAM EUROPE 378 1458215 ELECTRONIC POSTING TO STUDENT ACCOUNTS VIA GL PROCESSING 0 N/A N/A 1 0 1 0 0 0 PART I, LINE 2: THE UNIVERSITY REQUIRES PERIODIC REPORTING ON THE USE OF THE FUNDS TO ENSURE THAT THE FUNDS ARE USED FOR THEIR STATED PURPOSE. STUDENTS RECEIVING SCHOLARSHIPS AND GRANTS FROM FRANCISCAN UNIVERSITY ARE MONITORED TO ENSURE THEY MEET THE ACADEMIC REQUIREMENTS OR OTHER CRITERIA ASSOCIATED WITH THE RESPECTIVE AWARD. ALL AID IS PROCESSED THROUGH THE FINANCIAL AID OFFICE AND IS POSTED TO THE STUDENTS' RECEIVABLE ACCOUNTS. X X X X X X X 0 SUDDES GROUP FOR IMPACT LLC 6655 EAGLE CREEK LANE OSTRANDER OH 43061 CAMPAIGN PREP-MESSAGING,TRAINING,TRACKING AND DOCUMENTATION. 0 0 231121 -231121 231121 -231121 BARON CLUB/CALIPARI SPEAKER 75726 63895 11831 20696 22500 16994 ROGGENSACK RUN 3677 3677 75 2615 1 4945 4945 84348 68840 15508 20771 22500 19609 62880 -47372 1 FEDERAL FINANCIAL AID 37 79139 0 STATE FINANCIAL AID 120 197323 0 INSTITUTIONAL AID 2186 11944491 0 RESTRICTED SCHOLARSHIPS 654 1582186 0 PART I, LINE 2: THESE FUNDS REPRESENT FINANCIAL AID ISSUED TO STUDENTS IN THE FORM OF FEDERAL AND STATE GRANTS, SCHOLARSHIPS, TUITION DISCOUNTS, AND INSTITUTIONAL FINANCIAL AID. STUDENTS RECEIVING SCHOLARSHIPS AND GRANTS FROM FRANCISCAN UNIVERSITY ARE MONITORED TO ENSURE THEY MEET THE ACADEMIC REQUIREMENTS OR OTHER CRITERIA ASSOCIATED WITH THE RESPECTIVE AWARD. ALL AID IS PROCESSED THROUGH THE FINANCIAL AID OFFICE AND IS POSTED TO THE STUDENTS' RECEIVABLE ACCOUNTS. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 MICHAEL M HERNON VP OF ADVANCEMENT 133388 0 0 0 0 0 13895 0 63967 0 211250 0 0 0 DR DANIEL R KEMPTON VP FOR ACADEMIC AFFAIRS 136700 0 0 0 0 0 13936 0 14577 0 165213 0 0 0 JOEL S RECZNIK VP OF ENROLLMENT MGMT 121506 0 0 0 0 0 12448 0 74902 0 208856 0 0 0 DAVID ALAN SCHMIESING VP OF STUDENT LIFE 111123 0 0 0 0 0 11374 0 64367 0 186864 0 0 0 DAVID M SKIVIAT SR VP OF FINANCE & ADMINISTRATION 161663 0 0 0 0 0 16535 0 14577 0 192775 0 0 0 DR MICHAEL HEALY PROFESSOR CHAIR OF PHILOSOPHY DEPT 129630 0 0 0 0 0 10090 0 14577 0 154297 0 0 0 DR REGIS E MARTIN PROFESSOR OF THEOLOGY 103647 0 0 0 0 0 7884 0 47945 0 159476 0 0 0 MICHAEL J WELKER PROFESSOR CHAIR OF ACCOUNTING, BUSINESS DEPT 110067 0 0 0 0 0 8680 0 60361 0 179108 0 0 0 PATRICK LEE PROFESSOR DIRECTOR OF CENTER OF BIOETHICS 111169 0 0 0 0 0 10662 0 62367 0 184198 0 0 0 SCOTT HAHN PROFESSOR CHAIR OF BIBLICAL THEOLOGY,NEW EVANGELIZATION 128353 0 0 0 0 0 11145 0 26297 0 165795 0 0 0 PART I, LINE 1B THE UNIVERSITY OWNS THE FRIARY BUILDING ON ITS CAMPUS. FATHER SHERIDAN RESIDES IN THE FRIARY. ALL OPERATING EXPENSES ARE THE FINANCIAL RESPONSIBILITY OF THE THIRD ORDER REGULAR OF ST. FRANCIS OF PENANCE (TOR) OF THE PROVINCE OF THE MOST SACRED HEART OF JESUS, FRANCISCAN UNIVERSITY'S MEMBER. A OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756AWD0 2006-07-06 20694366 REFUNDING,DORMITORY AND OTHER CAPITAL PROJECTS 0 0 0 A 20694366 1535358 3085500 537971 15535535 2008 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 1 0 0 0 0 1 A 1 P SKIVIAT OFFICER'S FAMILY MEMBER 39014 COMPENSATION 0 K HARRIS OFFICER'S FAMILY MEMBER 152013 COMPENSATION 0 J RECZNIK OFFICER'S FAMILY MEMBER 87444 COMPENSATION 0 M RECZNIK OFFICER'S FAMILY MEMBER 127310 COMPENSATION 0 C RECZNIK OFFICER'S FAMILY MEMBER 57619 COMPENSATION 0 X 24 176651 FMV 0 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS RECEIVED IS REPORTED. FORM 990, PART VI, SECTION A, LINE 1 THE UNIVERSITY`S BOARD HAS AN EXECUTIVE COMMITTEE WHOSE DUTIES AND RESPONSIBILITIES ARE OUTLINED IN THE BYLAWS. THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE, BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, AS PROVIDED IN THE BYLAWS, ANY AND ALL THE POWERS OF THE BOARD OF TRUSTEES IN THE MANAGEMENT AND TRANSACTION OF BUSINESS OF THE UNIVERSITY AND SHALL HAVE THE POWER TO AUTHORIZE THE SEAL OF THE UNIVERSITY TO BE AFFIXED TO ALL INSTRUMENTS WHICH MAY REQUIRE IT. THE EXECUTIVE COMMITTEE SHALL MEET UPON CALL BY THE CHAIRMAN OF THE BOARD, OR THE PRESIDENT OF THE UNIVERSITY. A MAJORITY OF THE EXECUTIVE COMMITTEE, AT LEAST ONE (1) OF WHOM SHALL BE A LAY MEMBER, SHALL CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS. THE EXECUTIVE COMMITTEE SHALL REPORT ITS ACTIVITIES, INCLUDING ACTIONS TAKEN ON BEHALF OF THE FULL BOARD, TO THE BOARD AT ITS NEXT MEETING. THE EXECUTIVE COMMITTEE MAY DECIDE IT APPROPRIATE TO MAIL A COPY OF THE MINUTES OF ITS MEETING TO EACH MEMBER OF THE BOARD IN ADVANCE OF THE NEXT MEETING OF THE BOARD AND IN LIEU OF MAKING A REPORT AT THAT MEETING. FORM 990, PART VI, SECTION A, LINE 2 FR. MALACHI VAN TASSELL, T.O.R, DAVID M. SKIVIAT, SR., FR. SEAN SHERIDAN, T.O.R., AND MR. RICHARD RIEDERER ARE MEMBERS OF THE MARIA THRON FOUNDATION SUPERVISORY BOARD. FORM 990, PART VI, SECTION A, LINE 4 FRANCISCAN UNIVERSITY BYLAWS WERE REVISED EFFECTIVE APRIL 2016. THE MAJOR REVISIONS INCLUDED THE FOLLOWING: - PROVISION FOR DEATH, DISABILITY, INCAPACITY, RESIGNATION OR REMOVAL OF ANY OFFICER - PROVISION FOR ATTENDANCE OF TRUSTEE MEETINGS BY ELECTRONIC COMMUNICATION - PROVISIONS THAT ADDRESS FIDUCIARY RELATIONSHIP DILIGENCE, CONTRACTS BETWEEN RELATED PARTIES AND LIMITATIONS OF PERSONAL LIABILITY OF TRUSTEES - THE ADDITION OF AN AUDIT COMMITTEE INCLUDING FIDUCIARY RESPONSIBILITIES FORM 990, PART VI, SECTION A, LINE 6 FRANCISCAN UNIVERSITY OF STEUBENVILLE IS A 501(C)(3) NONPROFIT CORPORATION WITH MEMBERS. THE MEMBERS OF THE CORPORATION ARE THE MINISTER PROVINCIAL AND THE PROVINCIAL CURIA OF THE MOST SACRED HEART OF JESUS, THIRD ORDER REGULAR (T.O.R.). THE PRESIDENT OF THE FRANCISCAN UNIVERSITY OF STEUBENVILLE SERVES AS A MEMBER EX OFFICIO. THESE INDIVIDUALS SERVE AS MEMBERS OF THE CORPORATION DURING THEIR RESPECTIVE TERMS AS MINISTER PROVINCIAL, THE PROVINCIAL CURIA, AND PRESIDENT OF THE UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 7A THE MINISTER PROVINCIAL OF THE PROVINCE OF THE MOST SACRED HEART OF JESUS OF THE THIRD ORDER REGULAR AND THE PRESIDENT OF THE UNIVERSITY SHALL BE EX OFFICIO MEMBERS OF THE BOARD OF TRUSTEES. THESE INDIVIDUALS ARE ELECTED BY THE PROVINCE OF THE MOST SACRED HEART OF JESUS. SEVEN OF THE 25 BOARD MEMBERS MUST BE MEMBERS OF THE ORDER. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING POWERS ARE RESERVED EXCLUSIVELY TO THE MEMBERS OF THE CORPORATION: A. TO DETERMINE THE PHILOSOPHY AND OBJECTIVES OF THE CORPORATION. B. TO ADOPT AMENDMENTS TO THE ARTICLES OF INCORPORATION, AND TO ALTER, AMEND, OR REPEAL BYLAWS. C. TO PURCHASE, SELL, LEASE, TRANSFER OR ENCUMBER, CONSTRUCT, OR UNDERTAKE THE DESTRUCTION OF LAND AND/OR BUILDINGS OWNED BY THE UNIVERSITY, OR IN WHICH THE UNIVERSITY HAS OR WILL HAVE LEGAL OR EQUITABLE TITLE. D. TO MERGE, CONSOLIDATE, OR AFFILIATE THE UNIVERSITY WITH ANY OTHER CORPORATION. E. TO DISSOLVE OR TERMINATE THE EXISTENCE OF THE UNIVERSITY AND TO DETERMINE THE DISTRIBUTION OF CORPORATE ASSETS UPON SUCH DISSOLUTION OR TERMINATION, PROVIDED THAT SUCH DISTRIBUTION BE EXCLUSIVELY MADE FOR SUCH PURPOSES AS ARE EXEMPT FROM TAXATION UNDER FEDERAL LAW. FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT FORM 990, 990-T AND REQUIRED SCHEDULES ARE REVIEWED BY THE UNIVERSITY'S FINANCE MANAGEMENT TEAM. UPON COMPLETION OF THIS REVIEW, THE FORMS ARE FINALIZED AND A COMPLETE COPY OF THE RETURN IS PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES VIA THE UNIVERSITY'S INTRANET SITE IN ADVANCE OF FILING WITH THE INTERNAL REVENUE SERVICE. AFTER THE AUDIT COMMITTEE REVIEWS THE FORM 990 THEY COMMUNICATE WITH THE FULL BOARD. THE FORM 990 IS AVAILABLE TO ANY BOARD MEMBER FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS COMPLETE A CONFLICT OF INTEREST FORM ON AN ANNUAL BASIS TO IDENTIFY POTENTIAL OR ACTUAL CONFLICTS. MEMBERS OF THE UNIVERSITY'S FINANCE MANAGEMENT TEAM REVIEW ALL COMPLETED ANNUAL DISCLOSURES. PERCEIVED OR ACTUAL CONFLICTS ARE ADVANCED TO THE BOARD FOR RESOLUTION. THE AUDIT COMMITTEE HAS RESPONSIBILITY TO MONITOR CONFLICTS OF INTEREST BETWEEN THE UNIVERSITY'S BUSINESS ACTIVITY AND MEMBERS OF MANAGEMENT, FACULTY, AND TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 A. THE PRESIDENT OF THE UNIVERSITY, A CATHOLIC PRIEST OF FRANCISCAN FRIARS TOR, HAS TAKEN A VOW OF POVERTY AND IS NOT COMPENSATED FOR HIS SERVICE TO THE UNIVERSITY. THIS ARRANGEMENT IS DISCLOSED AND REVIEWED BY THE PROVINCIAL OF THE FRANCISCAN ORDER AND THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. DUE TO THE FACT THAT NO COMPENSATION IS PAID TO THE PRESIDENT, POLICIES AND PROCESSES REGARDING AWARDING PRESIDENTIAL COMPENSATION ARE NOT RELEVANT, DISCLOSURES IN PART VII AND SCHEDULE J REFLECT THIS FACT. THE UNIVERSITY DOES MAKE A PAYMENT TO THE FRANCISCAN FRIARS TOR FOR THE SERVICES PERFORMED BY ALL FRIARS. B. THE UNIVERSITY MAINTAINS A MARKET BASED COMPENSATION SYSTEM WITH ASSIGNED PAY RANGES FOR EACH POSITION REFLECTING THE MARKET WAGE AMONG A GROUP OF IDENTIFIED PEERS AND RELATIVE LEVEL OF RESPONSIBILITY WITHIN THE ORGANIZATION. OFFICERS' COMPENSATION IS DETERMINED WITHIN THE BUDGETING PROCESS AND SALARY INCREASES ARE RECOMMENDED BY THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION AND THE VICE PRESIDENT OF HUMAN RESOURCES IN CONSULTATION WITH THE PRESIDENT AND APPROVED BY AN INDEPENDENT COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 FRANCISCAN UNIVERSITY OF STEUBENVILLE MAKES ITS GOVERNANCE DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENT AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST SUBMITTED TO VP OF FINANCE AND ADMINISTRATION. FORM 990, PART XI, QUESTION 2C, OVERSIGHT OF FINANCIAL STATEMENT AUDIT: AUDIT COMMITTEE RECOMMENDS THE ENGAGEMENT OF THE INDEPENDENT AUDIT FIRM FOR APPROVAL BY THE FULL BOARD; REVIEWS THE FINANCIAL STATEMENTS AND AUDIT RESULTS, INCLUDING MANAGEMENT LETTER AND ISSUES RAISED IN ACCORDANCE WITH THE SAS NO.114; RECOMMENDS THE APPROVAL OF THE ANNUAL AUDIT TO THE FULL BOARD; AND FOLLOWS UP ON DEFICIENCIES RAISED DURING THE AUDIT AND OVERSEES CORRECTIVE ACTIONS. THE AUDIT COMMITTEE MAY ALSO REVIEW COMPLIANCE WITH ALL FINANICAL REPORTING AND REGULATORY REQUIREMENTS; MONITOR THE ADEQUACY AND INTEGRITY OF ACCOUNTING, INTERNAL CONTROLS, AND RISK MANAGEMENT, INCLUDING FRAUD RISK ASSESSMENT. FORM 990, PART VII, EMERITUS TRUSTEES: THE FOLLOWING INDIVIDUALS SERVE AS EMERITUS TRUSTEES OF THE FRANCISCAN UNIVERSITY OF STEUBENVILLE WITH NO VOTING RIGHTS: DR. JOHN H. IRVIN AND REV. BRIAN MILLER, T.O.R. GOOD VENTURE ENTERPRISES LLC 1235 UNIVERSITY BOULEVARD STEUBENVILLE OH 43952 340714818 PROVIDE DORMITORY & SOCIAL SPACE FOR STUDENTS & GUESTS OH -1426644 23464618 N/A GOOD VENTURE HIH LLC 1235 UNIVERSITY BOULEVARD STEUBENVILLE OH 43952 261329844 PROVIDE HOTEL/REST SVC & LIMITED DORM SPACE FOR STUDENTS/GUESTS OH 2845890 3893360 N/A GOOD VENTURE BELLEVIEW 1235 UNIVERSITY BOULEVARD STEUBENVILLE OH 43952 340714818 FUTURE DEVELOPMENT FOR CAMPUS EXPANSION OH 0 2007865 N/A GOOD VENTURE PROPERTIES 1235 UNIVERSITY BOULEVARD STEUBENVILLE OH 43952 340714818 DEVELOPMENT FOR CAMPUS EXPANSION OH 2 16340087 N/A GOOD VENTURE PARKVIEW CIRCLE LLC 1235 UNIVERSITY BOULEVARD STEUBENVILLE OH 43952 340714818 PROVIDE RESIDENTIAL AND ACADEMIC SPACE FOR STUDENTS OH 18000 3643588 N/A GOOD VENTURE S8 1235 UNIVERSITY BOULEVARD STEUBENVILLE OH 43952 474901471 PROVIDE HOTEL/REST SVC & LIMITED DORM SPACE FOR STUDENTS/GUESTS OH 349686 4114340 FOUNDATION MARIA THRON 3292 GAMING KARTAUSE 1 EUROPE AU HISTORIC MONASTERY SITE OF THE UNIVERSITY'S STUDY ABROAD PROGRAM AU N/A N/A N/A 0 BILDUNGSVEREIN KARTAUSE GAMING 3292 GAMING KARTAUSE 1 EUROPE AU EDUCATE, PUBLISH ACADEMIC WORKS, HOLD LECTURES, IMPLEMENT CULTURAL EVENTS AU N/A N/A N/A 0 KARTAUSENBETRIEBSMGH & CO NFG KG 3292 GAMING KARTAUSE 1 EUROPE AU HOTEL, RESTAURANT-TOURISM AU N/A 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 FOUNDATION MARIA THRON-PAYMENTS FOR FACILITY USE K 944979 FMV KARTAUSENBETRIEBSGMBH & CO NFG - PAYMENT FOR FOOD SERVICES M 592097 FMV FOUNDATION MARIA THRON-SUPPORT PAYMENTS B 1348453 FMV PART II FRANCISCAN UNIVERSITY IS RELATED TO THE FOUNDATION MARIA THRON AND ITS AFFILIATE (KARTAUSENBETRIEBSGMBH & CO NFG) BECAUSE IT HOLDS MORE THAN 50% OF THE BOARD SEATS OF FOUNDATION MARIA THRON.