2016-05-05T07:45:39-07:00 2015-06-30 990 2014-07-01 870212470 Westminster College WEST 8018322139 1840 South 1300 East Salt Lake City UT 84105 Sydney Tervort Managing Director 2016-05-05 2014 2016-08-17 19:52:53Z Stephen Morgan 98767031 false false X www.westminstercollege.edu X 1886 UT Westminster College is a private comprehensive liberal arts college in Salt Lake City, UT offering undergraduate and graduate degrees in liberal arts and professional programs. 30 29 1808 0 8095574 8426007 87606549 87284493 796562 393357 470282 517612 96968967 96621469 28441334 29528800 0 43007165 42121684 0 1891990 24746487 25571627 96194986 97222111 773981 -600642 207275203 219263592 58602665 69950283 148672538 149313309 Westminster College is a private, independent college dedicated to student learning. We are a community of learners with a long and honored tradition of caring deeply about students and their education. We offer liberal arts and professional education in courses of study for undergraduate, selected graduate, and other innovative degree and non-degree programs. Students are challenged to experiment with ideas, raise questions, critically examine alternatives, and make informed decisions. We encourage students to accept responsibility for their learning, to discover and pursue their passions, and to promote more equitable and sustainable communities. Our purposes are to prepare students to lead lives of learning, accomplishment, and service and to help them develop skills and attributes critical for success in a diverse and interdependent world. We promote distinctive approaches to engaged learning that emphasize theory and practice in our academic and co-curricular programs. Grounded in false false 79657090 29475322 87284493 Instruction: 2,137 FTE students in undergraduate programs 642 FTE students in graduate programs 975 students graduated in the 2014-2015 academic year 79657090 true true false true false false true true false true true true false false true true true false true false true false true false true false false false true true true false true false false false false true false true false true true false false false true false false false false true 251 0 true 1808 true false false false false false false true true false 0 false false false false false false false false false false X 30 29 false false false false false false false true true false false true true true true true true true true false UT X Sydney Tervort 8018322133 1840 South 1300 East Salt Lake City UT 84105 X Stephen R Morgan President 40.00 0.00 X X 265012 0 46636 Brian Levin-Stankevich President 40.00 0.00 X X 304976 0 41221 Kim T Adamson Trustee 1.60 0.00 X 0 0 0 Hamid Adib Trustee 1.60 0.00 X 0 0 0 Jeanne Ambruster Trustee 1.60 0.00 X 0 0 0 Gretchen F Anderson Trustee 1.60 0.00 X 0 0 0 Martha Felt Barton Trustee 1.60 0.00 X 0 0 0 Judith Billings Trustee 1.60 0.00 X 0 0 0 Mike Bills Trustee 1.60 0.00 X 0 0 0 Preston Chiaro Trustee 1.60 0.00 X 0 0 0 James R Clark Trustee 1.60 0.00 X 0 0 0 Curt P Crowther Trustee 1.60 0.00 X 0 0 0 Nancy DeFord Trustee 1.60 0.00 X 0 0 0 Thomas A Ellison Esq Trustee 1.60 0.00 X 0 0 0 Bing L Fang Trustee 1.60 0.00 X 0 0 0 Muffy Mead-Ferro Trustee 1.60 0.00 X 0 0 0 Thomas Fey Trustee 1.60 0.00 X 0 0 0 Deanna Forbush Trustee 1.60 0.00 X 0 0 0 Robert Garda Trustee 1.60 0.00 X 0 0 0 Clark P Giles Trustee 1.60 0.00 X 0 0 0 Henry S Hemingway Trustee 1.60 0.00 X 0 0 0 Laura Kaiser Trustee 1.60 0.00 X 0 0 0 Colleen Kearns McCann Trustee 1.60 0.00 X 0 0 0 Jerilyn McIntyre Trustee 1.60 0.00 X 0 0 0 O Wood Moyle IV Trustee 1.60 0.00 X 0 0 0 Catherine Putnam-Netto Trustee 1.60 0.00 X 0 0 0 William Orchow Trustee 1.60 0.00 X 0 0 0 Robert Rendon Trustee 1.60 0.00 X 0 0 0 Pat Richards Trustee 1.60 0.00 X 0 0 0 David E Simmons Trustee 1.60 0.00 X 0 0 0 William Trojan Trustee 1.60 0.00 X 0 0 0 W Curtis Ryan Treasurer 40.00 0.00 X 206525 0 33877 Melissa Flores Secretary 40.00 0.00 X 150271 0 20750 Sydney Tervort Mng Dir, Financ 40.00 0.00 X 113720 0 16980 James Seidelman Provost/Dist Serv Prof 40.00 0.00 X 264754 0 46636 John Baworowsky VP, Enrollment 40.00 0.00 X 190667 0 29979 Jin Wang Dean, Business/Spec Assist to Pres 40.00 0.00 X 217581 0 32087 Michael Pacanowsky Professor/Chair 40.00 0.00 X 186804 0 28221 James Stimpson Assoc. Professor 40.00 0.00 X 165709 0 28610 Richard Chapman Professor 40.00 0.00 X 154903 0 23146 Jerry Van Os Professor 40.00 0.00 X 154603 0 13086 Adam Hiatt BB Coach/Camp Dir 40.00 0.00 X 151090 0 19494 Michael Bassis Former President/Emeritus & Trustee 0.00 0.00 X 26448 0 0 Annalisa Holcombe Secretary to Board (former) 40.00 0.00 X 108059 0 24282 2661122 405005 64 true true false American Mechanical Systems Service 7530 S State St Sandy UT 84070 Maintenance/repair 351893 Keystone Aviation LLC 303 N 2370 W Salt Lake City UT 84011 Aviation service 268776 RuffaloCODY PO Box 3018 Cedar Rapids IA 524063018 Admissions Search 198771 Registry for College & University Presidents 3 Centennial Dr Peabody MA 01960 Consulting 152031 Grant Thornton 175 W Jackson Chicago IL 60604 Audit 133485 5 136499 1285943 7003565 1936850 8426007 Auxiliary enterprises 5304181 5304181 Tuition and Fees 81980312 81980312 87284493 73870 73870 88110 88110 579 579 0 2233822 2002445 231377 231377 231377 180025 136499 143117 36908 36908 0 0 Commissions 611710 73579 73579 Interest-Accts Receivable 525990 157689 157689 Other Revenue 215380 215380 33477 33477 480125 96621469 87764618 430844 0 29475322 29475322 53478 53478 0 1989455 663565 1325890 0 29771879 25403176 3230584 1138119 2450421 1940346 381974 128101 5649415 3964984 1369016 315415 2260514 1871460 302145 86909 302545 302545 125667 125667 111339 111339 0 0 0 1629216 782967 795746 50503 313562 98345 215104 113 2324237 2001209 276642 46386 1080267 779959 300282 26 4424 4424 1925491 151712 1773756 23 2569965 2291143 231086 47736 0 139023 118605 15729 4689 3071160 2269459 801701 0 4021904 2972021 1049883 768610 259341 509269 Misc other 3142339 1687134 1431038 24167 Food 2352427 2097979 220048 34400 Campus Repair & Maint. 919910 256919 662702 289 Memberships/Subscriptions 333693 208309 110270 15114 435848 2688 433160 97222111 79657090 15673031 1891990 0 21025911 23450437 2527886 2644631 1835614 1866132 0 0 4206571 4090151 0 714460 338432 143702893 47936499 98798636 95766394 0 78166125 91107415 0 0 0 207275203 219263592 6649436 7240042 2761638 2939780 28165000 39008519 4487527 4058244 16539064 16703698 58602665 69950283 X 69807345 68828790 23794333 23051450 55070860 57433069 148672538 149313309 207275203 219263592 -600642 1241413 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true false false false false Part II-B, Line 1i - Other Activities Description Westminster College contracted with a lobbyist to counsel and assist the College in obtaining registry on the list of approved schools for Utah Legislative Internships. The services are to be provided at no cost to the College. Activities include:*Monitor all relevant legislation, rules, regulations, policies, and actions.*Arrange visits with designated legislators, state and local officials. X X 2 1 1 2 1 false true 725915 X X X true 71282777 2263920 763076 -1017453 -1305886 71986434 61790000 2031938 8698144 -954792 -282513 71282777 57497471 917088 5430313 -904728 -1150144 61790000 58945411 3440382 -2781913 -902896 -1203513 57497471 51491292 466534 8968850 -917403 -1063862 58945411 0.02000 0.78000 0.20000 true false false 2577798 2577798 116420880 28822968 87597912 2599370 1617615 981755 13047857 10505478 2542379 9056988 6990438 2066550 95766394 91107415 Capital lease obligation 14511361 Funds held on deposit for others 279119 U.S. government grants refundable - gov 1913218 16703698 X 127534799 1241413 29671917 30913330 96621469 96621469 67550194 67550194 29671917 29671917 97222111 Part II, Line 9: Organization Reporting of conservation easements. Westminster College obtained the easements as part of a purchase agreement with the City of Salt Lake recorded on March 10, 2011. The easements are on approximately 1 acre of the total 4.6 acres. Because the easements were part of the purchase, we do not separately account for them in the financial statements or footnotes. Part III, Line 4: Description of organization's collections and how it furthers its purpose. The college received donations of collection and works of art. These collections further the college's exempt purpose by enhancing the educational experience for the students by using them for discussions and research in the classroom as wells as for public exhibition. Part V, Line 4: Intended uses of the endowment fund. Theintended use of endowment funds is to provide scholarships to students and support the activities of the College through distribution of earnings to the operating fund in a manner consistent with donor restrictions. Part X : FIN48 Footnote The College has been recognized by the Internal Revenue Service as an organization that is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code on its income other than unrelated business income. The College has also been recognized by the State of Utah as an organization exempt from state income taxation except to the extent of unrelated business income. Accordingly, no provision for income taxes is made in the financial statements.As required by US GAAP, the College has identified and evaluated its significant tax positions for which the statute of limitations remain open. The open tax years are the years ended June 30, 2012 through June 30, 2015 for federal tax purposes and Utah tax purposes. The College applied the more likely than not criteria to all tax positions and determined no material unrecognized tax benefits or liability should be recognized. In addition, there have been no material changes in unrecognized benefits as of June 30, 2015, and it is not expected that there will be a material change in the 12 months following June 30, 2015. There have been no related tax penalties or interest which would be classified as a tax expense in the statement of activities. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Scholarships $29528800 Expenses related to special event $143117 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Scholarships $29528800 Expenses related to special event $143117 true true true true true true true false false false false false false false false true false true Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency Westminster College participates in various financial assistance programs as authorized by Title IV of the Higher Education Act of 1965 and administered by the U.S. Department of Education. Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized Westminster College's non-discrimination policy is as follows:Employment Policy: Westminster College does not discriminate in employment opportunities or practices on the basis of race, color, ethnicity, religion, gender, national origin, age, disability, veteran status, gender identification, sexual orientation or any other characteristic protected by law.Education Policy: Westminster College administers all of its educational programs, related support services, and benefits in a manner which does not discriminate against students or prospective students with regard to race or ethnicity, color, religion, national origin, sex, age, sexual orientation, gender identification, disabilities, genetic information, or status as a veteran, or any other category or classification protected by applicable federal, state, or city laws.The admissions application, scholarship application, academic catalog, class schedules and all other materials sent to prospective students and members of the general community served by the College include the Colleges statement as noted above. Westminster College complies with federal and state non-discrimination laws and will not discriminate in admission and financial aid against any person because of race, color, sex, religion, national origin or physical handicap. Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race true Central America & Caribbe 0 0 Program Services Graduate Trip 35000 Central America & Caribbe 0 0 Program Services Instruction 15000 Central America & Caribbe 0 0 Program Services Academic Support 3000 East Asia & the Pacific 0 0 Grantmaking Study Abroad 32000 East Asia & the Pacific 0 0 Program Services Graduate Trip 273000 East Asia & the Pacific 0 0 Program Services Undergraduate Trip 117000 East Asia & the Pacific 0 0 Program Services Instruction 55000 East Asia & the Pacific 0 0 Program Services Academic Support 7000 East Asia & the Pacific 0 0 Program Services Student Services 2000 Europe 0 0 Grantmaking Study Abroad 11000 Europe 0 0 Program Services Graduate Trip 275000 Europe 0 0 Program Services Undergraduate Trip 186000 Europe 0 0 Program Services Instruction 4000 Europe 0 0 Program Services Academic Support 8000 Europe 0 0 Program Services Student Services 3000 Europe 0 0 Program Services Institutional Support 25000 North America 0 0 Program Services Graduate Trip 25000 North America 0 0 Program Services Instruction 3000 North America 0 0 Program Services Academic Support 6000 North America 0 0 Program Services Student Services 9000 South America 0 0 Grantmaking Study Abroad 10000 South Asia 0 0 Program Services Student Services 49000 Sub-Saharan Africa 0 0 Program Services Graduate Trip 62000 1076000 139000 1215000 Institutional Scholarships East Asia & the Paci 3 32228 Student Account N/A Book Institutional Scholarships Europe 2 11250 Student Account N/A Book Institutional Scholarships South America 1 10000 Student Account N/A Book true false false false false false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US The costs of providing the college's various programs and other supporting services, including foreign transactions, have been summarized on a functional basis in the statements of activities. Accordingly, certain costs have been allocated among the programs and supporting services. We are not required to show foreign transactions separately for financial statement reporting purposes. The method used to account for the total expenditures by region included an evaluation of all expenses that included a cross border transaction fee and an accumulation of total expenditures related to undergraduate and graduate academic/international trips. false 2014 Schol Gala 295507 118582 176925 75545 24796 300 37778 2014 Schol Gala 21017 17917 3100 4698 316524 136499 180025 75545 24796 300 42476 143117 36908 true 0 0 Institutional Scholarships 2195 27235283 Book Value SEOG 141 228451 Book Value UCOPE 12 19500 Book Value Annual Scholarships 323 955538 Book Value Endowed Scholarships 450 1030850 Book Value Utah Veteran's Grant 2 5700 Book Value Grantmaker's Description of How Grants are Used The college reports are regularly reviewed to be certain funds are used for proper purposes. Federal grant reporting and reconciliation occurs monthly and during the yearly A-133 audit. Awarding practices are reviewedforcompliance with federal regulations. Students are reviewed yearly for continued and new fund eligibility to be sure academic standards and other grant-specific criteria have been met. X X X X X false true false false false false false false false false Adam Hiatt BB Coach/Camp Dir 150550 540 6481 13013 170584 Annalisa Holcombe Secretary to Board (former) 107519 540 11269 13013 132341 Brian Levin-Stankevich President 304976 30000 11221 346197 James Seidelman Provost/Dist Serv Prof 264034 720 35415 11221 311390 James Stimpson Assoc. Professor 165709 15597 13013 194319 Jerry Van Os Professor 152136 2467 13086 167689 Jin Wang Dean, Business/Spec Assist to Pres 216501 1080 21630 10457 249668 John Baworowsky VP, Enrollment 190157 510 19000 10979 220646 Melissa Flores Secretary 149692 579 15000 5750 171021 Michael Bassis Former President/Emeritus & Trustee 26448 26448 Michael Pacanowsky Professor/Chair 185994 810 17000 11221 215025 Richard Chapman Professor 152803 2100 11745 11401 178049 Stephen R Morgan President 264472 540 35415 11221 311648 W Curtis Ryan Treasurer 205985 540 20864 13013 240402 A Salt Lake County Utah 876000316 79567PCS0 2005-05-10 16985112 To finance construction projects and debt service reserve true false false B Salt Lake County Utah 876000316 79567PDG5 2007-04-10 18525326 To advance refund the callable college revenue bonds false false false C Salt Lake County Utah 876000316 79567PDZ3 2015-04-21 12180302 To advance refund the callable false false false A 16985112 8280000 51762 8267906 true false true true B 18525326 869061 15752862 14670 2549541 false true true true C 12180302 579389 12128419 -560568 false true false true A false false false false false true B false false false false false true C false false false false false true A false false false NA false NA false false true B false false false NA false NA false false true C false false false NA false NA false false true Part VI The rebate computation was performed for the 2005 bond issue on 6/25/15 and for the 2007 bond issue on 6/14/12. The rebate computation will be performed for the 2015 bond issue at a later date. 74018 Tuition Tuit Remission Bing Fang Family - Brd 63185 EmployeeCompensation false X 2 6444 Appraisal/Cost X 8 1800654 Market Value X 4 7539 Market Value X Gift Basket 1 2500 Cost X Gift Basket 1 5000 Cost X Publicly trad sec & Instruct 1 5561 Cost X Furniture 1 1000 Cost X Furniture/Gift Basket 1 54274 Cost X Event use 7 4015 Cost X Gift Basket 168 47353 Cost X Instr/Program 2 1010 Cost X Furniture 1 1500 Cost false true false Form 990, Part VI, Line 1a: Explanation of Delegated Broad Authority to Committee The Executive Committee of the Board of Trustees shall comprise the following Trustees: the Chair of the Board of Trustees, the Vice Chair of the Board of Trustees, the Chairs of Board Committees, the President and one or more other Trustees chosen at large. The Chair of the Board of Trustees shall be the Chair of the Executive Committee. The Executive Committee shall perform the following duties: * Represent the Board of Trustees in the intervals between Board meetings on actions which must be final and approved prior to the next meeting of the Board and on matters as delegated by the Board of Trustees to the Executive Committee, except to the extent prohibited by these Bylaws and the Utah Revised Nonprofit Corporation Act 2000, and any subsequent amendments or successor thereto; * Report all Executive Committee actions in full to the Board of Trustees at the first Board of Trustees meeting after the date of the Executive Committee's actions. All such Executive Committee actions shall be the final and official actions of the Corporation, unless the Board of Trustees is responsible for final action on the matter pursuant to the terms of these Bylaws or the Executive Committee indicates that its action is a recommendation to the Board of Trustees. Form 990, Part VI, Line 11b: Form 990 Review Process The Westminster College (the "College") tax return is completed by the Director of Budget, and reviewed by the Managing Director of Financial Affairs and the VP of Finance and Administration. Once completed, the documents are reviewed by the Audit and Compliance Committee and submitted electronically to the full board of trustees. Once the trustees have reviewed - the return is transmitted electronically to the IRS. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Process of Identification: The Secretary of the Board will collect Statements of Disclosure from all trustees, officers, and key employees each year at the first Board meeting of the College's fiscal year and from all new trustees, officers, and key employees at the time of their appointment. The Audit and Compliance Committee will review each Statement of Disclosure for actual or potential conflicts of interest, including, but not limited to, the following factors: * Solicitation or acceptance of gifts, gratuities, free travel, or other items of value that could create the appearance of a conflict or an expectation of special treatment in College matters; * Incidents of abuse or misuse of an individual's position for personal or third-party gain or benefit; * Use of the College's staff, services, equipment, materials, resources, or property for personal or third party gain, or representing to third parties that one's authority as a trustee, officer, volunteer, or key employee is more extensive than it is in actuality; * Situations where a trustee, officer, or key employee may be divided between personal interests or the interests of another organization and the best interests of the College; * Engagement in business, professional conduct, or other activities that may be directly or indirectly adverse to the interests of the College; and, * Any arrangements in which a trustee, officer, or key employee provides goods or services to the College as a paid vendor or outside service-provider. The Audit and Compliance Committee may request additional information from any trustee, officer, or key employee at any time. While an individual's relationships or activities are under review, the individual may not deliberate, debate, or vote until a determination is made. Resolution: When the Audit and Compliance Committee or the Board of Trustees identifies an actual, potential, or apparent conflict of interest, it may take one of the following actions to resolve such conflict: * Waive the conflict of interest as unlikely to affect the trustee's, officer's, volunteer's or key employee's ability to act in the best interests of the College; * Recuse the individual trustee, officer, volunteer, or key employee from deliberation or decision-making related to the specific matter giving rise to the conflict. * Request the resignation of the trustee, officer, volunteer or key employee from his or her service or position at the College because the conflict of interest is so pervasive that it is likely the trustee, officer or key employee would be unable to act solely in the best interests of the College. The Board of Trustees has final authority over the resolution of all conflicts of interest involving a trustee, officer, or key employee and may overrule any decision of the Audit Committee and the Audit and Compliance Committee may refer any conflict of issue matter to the Board at any time. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The Compensation Committee of the Board of Trustees of Westminster College is responsible for reviewing and making recommendations to the Board of Trustees regarding the terms of contract with the President and the President's compensation, conducting an annual evaluation of the President, and overseeing compensation for the provost, vice presidents, president's cabinet, and covered employees for fairness, effectiveness, and reasonableness. * In forming a recommendation regarding the President's compensation, the Committee will rely on comparability data, such as the compensation paid to Presidents and executive officers by similar institutions. This data may include compensation studies by independent organizations, written job offers for positions at similar organizations, and information obtained from the IRS Form 990 filings of similar organizations. * The Committee shall fully disclose the proposed employment contract for the President, including its recommendation for compensation and all material financial terms, to the full Board of Trustees for approval. * Concurrent with its recommendation regarding compensation, the Committee shall provide an annual report to the Board regarding its evaluation of the President's performance. * The President will present to the Committee his or her report on compensation for the provost, vice presidents, president's cabinet, and any covered employee, including comparability data and performance information. * The Committee will take and keep minutes that document how it formed its recommendations and approval decisions. The minutes will include the following: a The terms of the compensation and the date it was approved; b The members of the Committee who were present during the Committee meetings and who voted on the recommendation; and c The comparability data obtained and reviewed and the source of the data. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The following records of Westminster College are available for public inspection and copying, upon request: * Exemption Letter * Audited Financial Statements with A133 for the three fiscal years prior to the date of the request * Tax filings Form 990 and 990T for the three fiscal years prior to the date of the request To make a request to inspect and/or acquire a copy of these records, contact the Managing Director of Financial Affairs, Office of Administrative Services, at 801-832-2133. Form 990, Part I, Line 4 Non-independent Trustee:* President Stephen Morgan is both an officer and trustee for Westminster College.* President Brian Levin-Stankevich is both an officer and trustee for Westminster College. Form 990, Part V, Line 7g The College did not receive any contributions of intellectual property and thus was not required to file Form 8899. Form 990, Part V, Line 7h The College did not receive any contributions of cars, boats, airplanes, and other vehicles and thus was not required to disclose on Form 1098-C. Form 990, Part VIII, Line 7 Investment income has been restated to reflect the new instructions as provided in Part XI, Reconciliation of Net Assets specifically for line 5, Net unrealized gains (losses) on investments. Schedule D, Part V, Line 2 a-c The numbers reflected in the Form 990 Schedule D, Part V, Line 2 a-c are the percentages related to the End of Year Endowment funds balance prior to the reclassification entry for the College's underwater endowments ($150,414 in 2015, $90,505 in 2014, $387,734 in 2013,$928,080 in 2012,$286,992 in 2011, $1,178,043 in 2010 moved from term to unrestricted endowment funds). The percentages from the audited financial statements would be as follows:2015 2014 2013 2012 2011 2010 2% 2% 2% 0% 1% 0% Board designated or quasi-endowment 78% 76% 80% 84% 78% 84% Permanent endowment 20% 22% 18% 16% 21% 16% Term endowment Bill and Vieve Gore Endowment Fund 1840 South 1300 East Salt Lake City UT 841053617 876213067 Endowment earnings to Westminster College of Salt Lake City UT 501(c)(3) 509(a)(3)Type I N/A false false false false false false false false false false false false false false false false false false false true Bill and Vieve Gore Endowment Fund s 608836 End Spend Rate