2017-04-14T09:54:14-05:00 2016-05-31 KPMG LLP 1676 International Drive Ste 1200 McLean VA 22102 990 2015-06-01 520591623 Loyola University Maryland Inc % JOHN COPPOLA LOYO 4106172917 4501 N Charles Street Baltimore MD 212102699 RANDALL D GENTZLER VP FOR FINANCE 4106172917 2017-04-13 true RAYMOND LY P01205643 7032868000 2017-04-13 2015 2021-01-29 14:40:06Z Rev Brian F Linnane SJ 4501 N Charles Street Baltimore MD 212102699 325454511 false X www.loyola.edu X 1853 MD LOYOLA UNIVERSITY MARYLAND INC IS A JESUIT CATHOLIC UNIVERSITY COMMITTED TO THE EDUCATIONAL TRADITIONS OF THE SOCIETY OF JESUS AND THE DEVELOPMENT OF THE WHOLE PERSON. 27 27 3887 0 -1412570 -1484337 17442538 17989197 253551772 259577330 15109128 6345446 3249897 3308168 289353335 287220141 68381336 73169406 0 0 110065905 110271387 56180 168492 4956626 91065496 89126870 269568917 272736155 19784418 14483986 615864154 614310372 178324340 176001548 437539814 438308824 X LOYOLA UNIVERSITY MARYLAND INC IS A JESUIT CATHOLIC UNIVERSITY COMMITTED TO THE EDUCATIONAL AND SPIRITUAL TRADITIONS OF THE SOCIETY OF JESUS AND TO THE IDEALS OF LIBERAL EDUCATION AND THE DEVELOPMENT OF THE WHOLE PERSON. ACCORDINGLY, THE UNIVERSITY WILL INSPIRE STUDENTS TO LEARN, LEAD AND SERVE IN A DIVERSE AND CHANGING WORLD. false false 145896503 73119406 206223119 INSTRUCTION OF 4,068 UNDERGRADUATE AND 1,982 GRADUATE STUDENTS(6,050 STUDENTS). 32895532 6023961 PROVIDING ACADEMIC AND SUPPORT SERVICES TO STUDENTS (6,050 STUDENTS). 34494090 49987607 HOUSING, FOOD SERVICE AND OTHER STUDENT SERVICES. 2483605 50000 0 RESEARCH & DEVELOPMENT AND PUBLIC SERVICE 2483605 50000 0 215769730 true true false false false false false true false true true true false false true true true false true true true false true true true false false true true true true false false false false false false true false true false true true false false false true false false false true 497 0 true 3887 true true true true BE EI SP TH UK false false false true true false false false false X 27 27 false false false false false false false true true false false true true true true true true false true false MD X X JOHN COPPOLA 4106172917 4501 N CHARLES STREET BALTIMORE MD 212102699 X BRIAN F LINNANE SJ TRUSTEE & PRESIDENT 50.0 0.0 X X 0 0 20000 STEPHEN C AINLAY TRUSTEE 0.5 0.0 X 0 0 0 KENNETH F BOEHL TRUSTEE 0.5 0.0 X 0 0 0 JOSEPH E CARNEY TRUSTEE 0.5 0.0 X 0 0 0 MICHAEL P CATANEO TRUSTEE 0.5 0.0 X 0 0 0 LOUIS R CESTELLO TRUSTEE 0.5 0.0 X 0 0 0 ANTHONY I DAY TRUSTEE 0.5 0.0 X 0 0 0 JOHN M DENNIS SJ TRUSTEE 0.5 0.0 X 0 0 0 MARILYNN K DUKER TRUSTEE 0.5 0.0 X 0 0 0 PAUL G EIBELER TRUSTEE 0.5 0.0 X 0 0 0 SHARON A EUART RSM TRUSTEE 0.5 0.0 X 0 0 0 DAVID L FERGUSON TRUSTEE 0.5 0.0 X 0 0 0 KEVIN J FINNERTY TRUSTEE 0.5 0.0 X 0 0 0 JAMES D FORBES TRUSTEE 0.5 0.0 X 0 0 0 J RICHARD FREDERICKS TRUSTEE 0.5 0.0 X 0 0 0 GREGORY J GAILIUS TRUSTEE 0.5 0.0 X 0 0 0 JOELLE R HERNANDEZ TRUSTEE 0.5 0.0 X 0 0 0 GERARD E HOLTHAUS TRUSTEE 0.5 0.0 X 0 0 0 ROSEMARY M JURAS TRUSTEE 0.5 0.0 X 0 0 0 M CATHLEEN KAVENY TRUSTEE 0.5 0.0 X 0 0 0 ROBERT D KELLY TRUSTEE 0.5 0.0 X 0 0 0 MARK O KNOTT TRUSTEE 0.5 0.0 X 0 0 0 JAMES J LATCHFORD TRUSTEE 0.5 0.0 X 0 0 0 JOHN C LEE IV TRUSTEE 0.5 0.0 X 0 0 0 HUGH W MOHLER TRUSTEE 0.5 0.0 X 0 0 0 MARK W MULLIN TRUSTEE 0.5 0.0 X 0 0 0 JEFFREY A NATTANS TRUSTEE 0.5 0.0 X 0 0 0 KAREN P PHILIPPOU TRUSTEE 0.5 0.0 X 0 0 0 GERARD C REEDY SJ TRUSTEE 0.5 0.0 X 0 0 0 JAMES S SKESAVAGE JR TRUSTEE 0.5 0.0 X 0 0 0 ARUN SUBHAS TRUSTEE 0.5 0.0 X 0 0 0 MICHAEL F TUNNEY SJ TRUSTEE 0.5 0.0 X 0 0 0 JOHN A WOLF TRUSTEE 0.5 0.0 X 0 0 0 KEVIN R ZELAYA TRUSTEE 0.5 0.0 X 0 0 0 SUSAN DONOVAN EXECUTIVE VICE PRESIDENT 50.0 0.0 X 381828 0 37158 MARC CAMILLE VICE PRESIDENT 50.0 0.0 X 292009 0 35706 RANDALL GENTZLER VICE PRESIDENT 50.0 0.0 X 306064 0 32912 AMY WOLFSON VICE PRESIDENT 50.0 0.0 X 245913 0 34940 SHEILAH HORTON VICE PRESIDENT 50.0 0.0 X 222772 0 24897 TERRENCE SAWYER VICE PRESIDENT 50.0 0.0 X 295672 0 37028 MEGAN GILLICK VICE PRESIDENT 50.0 0.0 X 129727 0 14891 KATHLEEN GETZ DEAN 50.0 0.0 X 169515 0 18756 JOSHUA SMITH DEAN 50.0 0.0 X 170210 0 28627 JAMES BUCKLEY Professor / Interim Dean 50.0 0.0 X 181841 0 21924 ORLANDO SMITH HEAD COACH MEN'S BASKETBALL 50.0 0.0 X 235528 0 34538 JOSEPH LOGAN HEAD COACH WOMEN'S BASKETBALL 50.0 0.0 X 193573 0 29573 JAMES PAQUETTE AVP & Director Athletics 50.0 0.0 X 211273 0 30903 GLORIA WREN PROFESSOR 50.0 0.0 X 194821 0 21690 MARK JOHNSON ASSOCIATE PROFESSOR 50.0 0.0 X 193508 0 21474 TIMOTHY SNYDER VICE PRESIDENT 50.0 0.0 X 263540 0 12172 KARYL LEGGIO PROFESSOR 50.0 0.0 X 244749 0 31036 3932543 0 488225 171 true true false WHITING-TURNER CONTRACTING PO BOX 17596 BALTIMORE MD 21297 CONSTRUCTION 13643751 PARKHURST DINING PO BOX 644091 PITTSBURGH PA 15264 FOOD SVC OPERATIONS 9996418 MERRITT PROPERTIES LLC 2066 LORD BALTIMORE DRIVE BALTIMORE MD 21244 PROPERTY MGMT/RENT 2150996 ROYALL COMPANY INC 1920 EAST PARHAM ROAD RICHMOND VA 23228 recruit/Fundraising 2073987 DAKTRONICS INC PO BOX 86 MINNEAPOLIS MN 55486 AUDIO VISUAL EQUIP 749457 86 237600 10029221 7722376 1203030 17989197 TUITION AND FEES 900099 205110719 205110719 RESIDENCE, FOOD SERVICE, TELEPHONE 900099 49987607 49987607 SPECIAL EDUCATION PROGRAMS 900099 789456 789456 ID CARDS, ORIENTATION, PARKING 900099 1098547 1098547 ATHLETICS, CONFERENCES, OTHER AUX 900099 2591001 725486 58268 1807247 259577330 3331955 -1470838 4802793 0 53664 53664 585429 585429 0 585429 585429 41033354 38019863 3013491 3013491 3013491 226225 237600 214507 11718 11718 0 0 FITNESS AND AQUATIC CENTER 900099 1378010 1378010 MISCELLANEOUS 900099 1279347 1279347 2657357 287220141 260369172 -1412570 10274342 50000 50000 72574625 72574625 544781 544781 0 3344489 2267033 890203 187253 0 84876405 64506508 17986082 2383815 6151094 3931148 2075849 144097 9924275 6364212 3328321 231742 5975124 4565450 1227394 182280 0 249271 249271 170246 170246 0 168492 168492 880278 880278 20420366 16901724 3510414 8228 2423949 1601600 673240 149109 4989629 2202109 2663252 124268 7240430 1168710 6056972 14748 10469 10469 8639629 3117282 5522347 4374299 3470659 773880 129760 0 1279726 1068909 178818 31999 6012337 5999794 12543 0 11012204 10117489 808810 85905 1492213 83202 1409011 STUDY ABROAD TUITION 4291824 4291824 LIBRARY OPERATIONS 3318034 3318034 ALL OTHER EXPENSES 12321966 7614168 3592868 1114930 272736155 215769730 52009799 4956626 29000 29000 66764926 71685748 10137352 9546717 2341682 2872372 0 0 0 0 1923358 1774029 0 0 5051122 4805252 482984288 167643838 307266597 315340450 104131983 105699506 101784979 87230269 3565715 2973583 0 0 12867440 12353446 615864154 614310372 16891712 19104162 0 0 6424955 6274123 143901830 139363649 0 0 0 0 0 0 0 0 11105843 11259614 178324340 176001548 X 315003996 318689739 40590893 34400300 81944925 85218785 437539814 438308824 615864154 614310372 X 14483986 -13269735 -445241 X false true X true true true X 18613943 16813387 24864109 17442537 17989197 95723173 0 0 18613943 16813387 24864109 17442537 17989197 95723173 8956449 86766724 5024682 3579050 4021238 4333639 3971048 20929657 0 0 25368 0 0 25368 0 116678198 1200943086 0.74364 0.75690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 31100 96398 X false false 206254056 4159704 -7038377 2346002 7342971 880277 192806133 197928831 5619386 12237711 2083845 6612859 835168 206254056 177155486 3218418 26519145 1836124 6293550 834544 197928831 156121844 2318394 26544005 1509560 5767753 551444 177155486 165928310 5148310 -7602319 1434248 5468745 449464 156121844 0.54620 0.45380 false false 20029320 20029320 409667301 132653926 277013375 36031227 31771434 4259793 17256440 3218478 14037962 315340450 HEDGE FDS: MULTI-STRATEGY FDS 10908312 F HEDGE FDS: NONAGENCY RES MBS 7509631 F HEDGE FDS: LONG/SHORT 29068192 F PRIVATE EQUITY 37913854 F OTHER 1830280 F 87230269 0 SWAP LIABILITY 4208164 PERKINS LOAN FUND 2802940 ASSET RETIREMENT OBLIGATION 3001911 ANNUITY LIABILITY 274662 POOLED INCOME LIABILITY 5416 OTHER LIABILITIES 966521 11259614 X 200165229 -13269735 -13269735 213434964 880278 72904899 73785177 287220141 198950978 214507 214507 198736471 880278 73119406 73999684 272736155 Form Sch D Part V Line 4 The University's endowment fund helps provide affordable education to students by providing funds for financial aid and by supporting the operations of the University. Form Sch D Part X Line 2 SCHEDULE D, PART X THE UNIVERSITY IS QUALIFIED AS A NOT-FOR-PROFIT ORGANIZATION UNDER SECTION 501(C) (3) OF THE INTERNAL REVUE CODE, AS AMENDED. ACCORDINGLY, THE UNIVERSITY IS NOT SUBJECT TO INCOME TAXES EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. NO PROVISION FOR INCOME TAXES WAS REQUIRED FOR FISCAL YEARS 2016 OR 2015. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE UNIVERSITY AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE UNIVERSITY HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE UNIVERSITY, AND HAS CONCLUDED THAT AS OF MAY 31, 2016, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE UNIVERSITY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTION; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. Form Sch D Part XI Line 4b FINANCIAL AID EXPENSE 73,119,406 DIRECT FUNDRAISING EXPENSE (214,507) ---------- 72,904,899 Form Sch D Part XII Line 2d Direct Fundraising Expense 214,507 Form Sch D Part XII Line 4b Financial Aid expense 73,119,406 true true true true true true true false false false false false false false false true false true Form Sch E Part I Line 3 LOYOLA UNIVERSITY MARYLAND DOES NOT DISCRIMINATE ON THE BASIS OF RACE, SEX, COLOR, NATIONAL OR ETHNIC ORIGIN, AGE, RELIGION, DISABILITY, MARITAL STATUS, SEXUAL ORIENTATION, GENETIC INFORMATION, MILITARY STATUS, OR ANY OTHER LEGALLY PROTECTED CLASSIFICATION IN THE ADMINISTRATION OF ANY OF ITS EDUCATIONAL PROGRAMS AND ACTIVITIES OR WITH RESPECT TO ADMISSION OR EMPLOYMENT. THE DESIGNATED COMPLIANCE OFFICER TO ENSURE COMPLIANCE WITH TITLE IX OF THE EDUCATION AMENDMENTS OF 1972, AS AMENDED, IS KATHLEEN PARNELL, ASSISTANT VICE PRESIDENT FOR HUMAN RESOURCES, 5000 YORK ROAD, ROOM 204, 410-617-2354. THE COORDINATOR TO ENSURE COMPLIANCE WITH SECTION 504 OF THE REHABILITATION ACT OF 1973, AS AMENDED, IS KATHLEEN PARNELL, ASSISTANT VICE PRESIDENT FOR HUMAN RESOURCES, 5000 YORK ROAD, ROOM 204, 410-617-2354. LOYOLA UNIVERSITY MARYLAND IS AUTHORIZED UNDER FEDERAL LAW TO ENROLL NON-IMMIGRANT, ALIEN STUDENTS. THIS PUBLICATION DOES NOT CONSTITUTE AN EXPRESSED OR IMPLIED CONTRACT. LOYOLA RESERVES THE RIGHT TO AMEND OR RESCIND THIS PUBLICATION AT ANY TIME. true Central America and the Caribbean Investments 44504220 Central America and the Caribbean Program Services International Studies 844 East Asia and the Pacific 2 Program Services International Studies 1413803 Europe (Including Iceland and Greenland) 2 5 Program Services International Studies 4954711 Sub-Saharan Africa Program Services International Studies 409851 South America Program Services International Studies 15061 Central America and the Caribbean Program Services FINANCIAL AID 73583 East Asia and the Pacific Program Services FINANCIAL AID 75333 Europe (Including Iceland and Greenland) Program Services FINANCIAL AID 152525 North America Program Services FINANCIAL AID 196245 South America Program Services FINANCIAL AID 41085 South Asia Program Services FINANCIAL AID 6010 2 7 2 7 51843271 51843271 FINANCIAL AID Central America and the Caribbean 4 73583 FIN AID FMV FINANCIAL AID East Asia and the Pacific 5 75333 FIN AID FMV FINANCIAL AID Europe (Including Iceland and Greenland) 4 152525 FIN AID FMV FINANCIAL AID North America 5 196245 FIN AID FMV FINANCIAL AID South America 2 41085 FIN AID FMV FINANCIAL AID South Asia 1 6010 FIN AID FMV true false true true true false Form Sch F Part I Line 2 ALL FINANCIAL AID IS APPLIED DIRECTLY TO THE STUDENTS' OUTSTANDING RECEIVABLE BALANCES. NO CASH IS PHYSICALLY TRANSMITTED. CREDIT BALANCES THAT RESULT FROM FEDERAL STUDENT AND PARENT LOAN PROCEEDS ARE DISTRIBUTED TO THE BORROWER WITHIN THE SPECIFIED TIME FRAME REQUIRED BY THE REGULATIONS GOVERNING THESE PROGRAMS. ELIGIBILITY FOR NEED-BASED GRANTS, LOANS, AND WORK-STUDY FORMS OF FEDERAL STUDENT AID IS DETERMINED USING THE RESULTS OF THE FEDERAL METHODOLOGY NEED ANALYSIS FORMULA. STUDENT AID AWARDED FROM BOTH FEDERAL AND INSTITUTIONAL SOURCES ARE MONITORED CONTINUOUSLY THROUGHOUT THE FISCAL YEAR USING VARIOUS BUDGET STATUS REPORTS, STUDENT ACCOUNT STATUS REPORTS, AND DEFERRAL AND INSTITUTIONAL PROGRAM RECONCILATION REPORTS. X X X X X X X true Marts Lundy Advisory Services false 0 62372 Royall Company Inc Fundraising false 278881 106120 278881 168492 AL AK AR CA CO CT DC FL GA HI IL KS KY LA ME MD MA MI MN MS NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI Busines Leader 257750 110450 147300 26218 90741 1300 GOLF INVITAT'L 206075 127150 78925 18054 75974 2220 0 463825 237600 226225 18054 102192 90741 3520 214507 11718 Schedule G, Part I MARTS & LUNDY 1200 WALL STREET WEST, LYNDHURST, NJ 07071 Royall & Company, Inc. 1920 East Parham Road, Richmond, VA 23228 true BALTIMORE FESTIVAL OF THE ARTS INC 10 EAST BALTIMORE STREET 10TH FLOO Baltimore MD 21202 521559145 501(c)3 50000 FMV SEE PART IV 1 0 Financial Assistance 3216 72574625 FMV Financial Aid Schedule I, Part I, Line 2 GRANTS AND OTHER ASSISTANCE TO INDIVIDUALS IN THE UNITED STATES. ALL FINANCIAL AID IS APPLIED DIRECTLY TO THE STUDENTS' OUTSTANDING RECEIVABLE BALANCES. NO CASH IS PHYSICALLY TRANSMITTED. CREDIT BALANCES THAT RESULT FROM FEDERAL STUDENT AND PARENT LOAN PROCEEDS ARE DISTRIBUTED TO THE BORROWER WITHIN THE SPECIFIED TIME FRAME REQUIRED BY THE REGULATIONS GOVERNING THESE PROGRAMS. ELIGIBILITY FOR NEED-BASED GRANTS, LOANS, AND WORK-STUDY FORMS OF FEDERAL STUDENT AID IS DETERMINED USING THE RESULTS OF THE FEDERAL METHODOLOGY NEED ANALYSIS FORMULA. STUDENT AID AWARDED FROM BOTH FEDERAL AND INSTITUTIONAL SOURCES ARE MONITORED CONTINUOUSLY THROUGHOUT THE FISCAL YEAR USING VARIOUS BUDGET STATUS REPORTS, STUDENT ACCOUNT STATUS REPORTS, AND DEFERRAL AND INSTITUTIONAL PROGRAM RECONCILIATION REPORTS. Schedule I, Part II Purpose of Grant THE UNIVERSITY CONTRIBUTED TO THE BALTIMORE FESTIVAL OF THE ARTS INAUGURAL LIGHT CITY EVENT IN BALTIMORE CITY. THIS INTERNATIONAL LIGHT FESTIVAL SHOWCASES CONCEPTUAL EXHIBITS OF ART, MUSIC, TECHNOLOGY, AND PIONEERING IDEAS. X X true true false false false false false false false false false SUSAN DONOVAN EXECUTIVE VICE PRESIDENT 322938 0 38640 0 20250 0 23625 0 13533 0 418986 0 0 0 MARC CAMILLE VICE PRESIDENT 242979 0 9178 0 39852 0 22738 0 12968 0 327715 0 0 0 RANDALL GENTZLER VICE PRESIDENT 285814 0 0 0 20250 0 23850 0 9062 0 338976 0 0 0 AMY WOLFSON VICE PRESIDENT 221072 0 0 0 24841 0 21600 0 13340 0 280853 0 0 0 SHEILAH HORTON VICE PRESIDENT 202522 0 0 0 20250 0 18652 0 6245 0 247669 0 0 0 TERRENCE SAWYER VICE PRESIDENT 263765 0 5500 0 26407 0 23625 0 13403 0 332700 0 0 0 TIMOTHY SNYDER VICE PRESIDENT 113540 0 0 0 150000 0 9750 0 2422 0 275712 0 0 0 KATHLEEN GETZ DEAN 144515 0 0 0 25000 0 12131 0 6625 0 188271 0 0 0 JOSHUA SMITH DEAN 170210 0 0 0 0 0 16054 0 12573 0 198837 0 0 0 JAMES BUCKLEY Professor / Interim Dean 176841 0 5000 0 0 0 15786 0 6138 0 203765 0 0 0 KARYL LEGGIO PROFESSOR 244749 0 0 0 0 0 22054 0 8982 0 275785 0 0 0 ORLANDO SMITH HEAD COACH MEN'S BASKETBALL 225647 0 0 0 9881 0 21600 0 12938 0 270066 0 0 0 JOSEPH LOGAN HEAD COACH WOMEN'S BASKETBALL 175323 0 12673 0 5577 0 16740 0 12833 0 223146 0 0 0 JAMES PAQUETTE AVP & Director Athletics 183340 0 10000 0 17933 0 18131 0 12772 0 242176 0 0 0 GLORIA WREN PROFESSOR 174321 0 20500 0 0 0 15799 0 5891 0 216511 0 0 0 MARK JOHNSON ASSOCIATE PROFESSOR 170008 0 23500 0 0 0 15354 0 6120 0 214982 0 0 0 Form Sch J Part I Line 1a Health or Social Club Dues: The following individuals received memberships in local country clubs or social clubs as part of their job duties with the University: Fr Brian F Linnane SJ, Marc Camille, Susan Donovan, Terrence Sawyer, and James Paquette. The University tracks usage of these clubs and reports personal use as taxable income on the employees' W-2. Form Sch J Part I Line 3 FR BRIAN F LINNANE SJ HAS TAKEN A VOW OF POVERTY AND DOES NOT RECEIVE A W-2 FOR HIS SERVICES TO THE UNIVERSITY. IN ADDITION, FR LINNANE RECEIVED HOUSING FROM THE UNIVERSITY DURING THE YEAR ENDED MAY 31, 2016 IN ORDER TO FULFILL THE OBLIGATION OF THE SOCIETY OF JESUS TO PROVIDE HOUSING FOR FR LINNANE. A MD HEALTH AND HIGHER EDUC FACILITIES AUTHORITY 520936091 574218JJ3 2012-06-07 53943256 2012A-REFUNDING false false false B MD HEALTH AND HIGHER EDUC FACILITIES AUTHORITY 520936091 574218RY1 2014-10-30 63876116 2014-REFUNDING false false false C MD HEALTH AND HIGHER EDUC FACILITIES AUTHORITY 520936091 999999999 2014-12-03 11052025 2012B-2014 PARTIAL REISSUANCE false false false D MD HEALTH AND HIGHER EDUC FACILITIES AUTHORITY 520936091 999999999 2014-12-03 17882975 2012B-2014 PARTIAL REISSUANCE false false false A 2895000 0 53943256 0 0 0 498916 0 0 0 53444340 0 2009 true false true true B 0 0 63876116 0 0 0 567776 0 0 0 63308340 0 2006 false true true true C 991187 0 11052025 0 0 0 0 0 0 0 11052025 0 1999 true false true true D 1603813 0 17882975 0 0 0 0 0 0 0 17882975 0 1999 true false true true A false false true true false 0 false false false true B false false true true false 0 false false false false C 0 D 0 A false true false false false false 0 false 0 false true B false true false false false false 0 false 0 false true C false true false false true true WELLS FARGO 11.83 false false false 0 false true D false true false false true true WELLS FARGO 11.83 false false false 0 false true A true B true C true D true SCHEDULE K, PART I, ROW A, COLUMN F: 2012A - REFUNDING - ISSUES DATED 09/17/2008, 12/04/2007, AND 6/23/1999 SCHEDULE K, PART I, ROW B, COLUMN F: 2014 - REFUNDING OF ISSUE DATED 1/04/2006 SCHEDULE K, PART I, ROW C, COLUMN F: 2012B - 2014 RE ISSUANCE OF PORTION OF ISSUE DATE 6/26/2012 SCHEDULE K, PART I, ROW D, COLUMN F: 2012B - 2014 RE ISSUANCE OF PORTION OF ISSUE DATE 6/26/2012 SCHEDULE K, PART I, ROW C AND D: PURSUANT TO SECTIONS 1.141-13(D), 1.148-9(H) AND 1.150-1(C)(3) OF THE INCOME TAX REGULATIONS, THE ISSUER ELECTED TO TREAT THE 12/03/2014 BONDS AS TWO SEPARATE ISSUES AND FILED A SEPARATE FORM 8038 FOR EACH OF THE ISSUES. SCHEDULE K, PART II, COLUMN A, C, AND D, LINE 11: THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW. SCHEDULE K, PART III, COLUMN C AND D: THIS BOND ISSUE RELATES TO REFUNDING OF PRE 12/31/2002 ISSUES. THE BOND ISSUE REFUNDED A 2008 ISSUE WHICH, THROUGH A SERIES OR REFUNDINGS, REFUNDED THE SERIES 1996 AND 1985 BONDS; THE ISSUE IS THEREFORE EXEMPT FROM REPORTING ON PART III OF SCHEDULE K. 87600 FINANCIAL AID UG TUITION REMISSION WILLIAM DONOVAN SPOUSE OF OFFICER 78315 EMPLOYMENT/COMPENSATION false ANDREW FUTTERMAN SPOUSE OF OFFICER 52553 EMPLOYMENT/COMPENSATION false Yun-Dih Chia-Smith SPOUSE OF KEY EMPLOYEE 56748 EMPLOYMENT/COMPENSATION false X 25 31100 FMV X 45 1147351 FMV X Equipment Credits 1 14162 FMV X AUDIO VISUAL EQUIPMENT 1 10417 FMV false true false Form 990 Part VI Line 11b PRIOR TO FILING, THE FORM 990 IS REVIEWED BY THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION/TREASURER AND AN INDEPENDENT TAX ACCOUNTANT AT KPMG. ALL MEMBERS OF THE BOARD OF TRUSTEES ARE PROVIDED AN ELECTRONIC COPY OF THE COMPLETE FORM. THE FORM IS FILED AFTER ALL COMMENTS FROM THE BOARD OF TRUSTEES ARE ADDRESSED. Form 990 Part VI Line 12c EACH BOARD MEMBER IS REQUIRED TO COMPLETE AND FILE WITH THE SECRETARY OF THE UNIVERSITY, ON OR BEFORE SEPTEMBER 1 OF EACH YEAR, INFORMATION ABOUT POSSIBLE BENEFICIAL OR ADVERSE INTERESTS AFFECTING LOYOLA UNIVERSITY MARYLAND, INCLUDING INTERESTS OF IMMEDIATE FAMILY MEMBERS AND ORGANIZATIONS IN WHICH THE BOARD MEMBER (OR MEMBER OF HIS OR HER FAMILY) HAS A SIGNIFICANT MANAGEMENT FUNCTION OR SIGNIFICANT OWNERSHIP INTEREST. UNIVERSITY ADMINISTRATORS ARE REQUIRED TO ACT IN WAYS CONSISTENT WITH THEIR FIDUCIARY RESPONSIBILITIES TO THE UNIVERSITY. IF A UNIVERSITY ADMINISTRATOR BELIEVES THAT HE OR SHE MAY HAVE A CONFLICT OF INTEREST, THE ADMINISTRATOR SHALL PROMPTLY FULLY DISCLOSE THE CONFLICT TO THE PRESIDENT OF THE UNIVERSITY AND SHALL REFRAIN FROM PARTICIPATION IN ANY WAY IN THE MATTER TO WHICH THE CONFLICT RELATES UNTIL THE QUESTION HAS BEEN RESOLVED. THE PRESIDENT SHALL CONSULT WITH UNIVERSITY COUNSEL REGARDING ALL CONFLICT QUESTIONS OF WHICH HE IS INFORMED AND SHALL REPORT REGULARLY TO THE BOARD OF TRUSTEES ANY UNRESOLVED CONFLICT QUESTIONS. Form 990 Part VI Line 15a FR BRIAN F LINNANE SJ HAS TAKEN A VOW OF POVERTY AND DOES NOT RECEIVE A W-2 FOR HIS SERVICES TO THE UNIVERSITY. Form 990 Part VI Line 15b FOR OFFICERS OTHER THAN THE PRESIDENT AND FOR KEY EMPLOYEES, AN INDEPENDENT SEARCH CONSULTANT WAS RETAINED FOR EACH SEARCH. SALARY DATA OF COMPARABLE AJCU (ASSOCIATION OF JESUIT COLLEGES AND UNIVERSITIES) INSTITUTIONS WAS USED IN THE DETERMINATION OF THE SALARY RANGE. THE INDEPENDENT SEARCH CONSULTANT ASSISTED WITH THE SETTING OF AN APPROPRIATE SALARY, WITH CONSIDERATION TO THE POSITION RESPONSIBILITIES AND THE MARKET. THE ORGANIZATION AND EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR SETTING SENIOR ADMINISTRATION'S ANNUAL COMPENSATION. SALARIES ARE REVIEWED BASED UPON JOB ANALYSIS, MARKET CONDITIONS, AND PERFORMANCE. RECORDS OF THE MEETINGS ARE MAINTAINED BY THE ASSISTANT SECRETARY OF THE BOARD. Form 990 Part VI Line 19 THE AUDITED FINANCIAL STATEMENTS AND THE FORM 990 ARE ON THE UNIVERSITY'S EXTERNAL WEBSITE. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE GENERAL PUBLIC. Form 990 Part XI, Line 9 Other changes in Net assets or FUND BALANCES CHANGE IN FAIR VALUE OF SPLIT INTEREST AGREEMENTS $(294,552) CHANGE IN FAIR VALUE OF SWAP $(150,689) -------------- $(445,241) THE LOYOLA NOTRE DAME LIBRARY INC 200 WINSTON AVENUE BALTIMORE MD 21212 520881396 LIBRARY MD 501 (C)(3) 509a3III-FI NA false POOLED INCOME FUND -1 4501 N CHARLES STREET BALTIMORE MD 21210 POOLED INCOME MD NA Trust false false false false false false false false false false false false false false true true true true false THE LOYOLA NOTRE DAME LIBRARY INC p 84633 FMV THE LOYOLA NOTRE DAME LIBRARY INC q 192902 FMV THE LOYOLA NOTRE DAME LIBRARY INC r 3318034 FMV