2016-04-18T16:17:01-05:00 2015-05-31 910189318 MOSS ADAMS LLP 805 SW BROADWAY STE 1200 PORTLAND OR 97205 990 2014-06-01 930386972 WILLAMETTE UNIVERSITY WILL 5033706974 900 STATE STREET SALEM OR 97301 MONICA RIMAI SENIOR VP FINANCE AND ADMIN 5033706974 2016-04-14 1 WENDY CAMPOS P00448102 5032421447 2016-04-11 2014 2016-08-17 19:52:53Z STEPHEN E THORSETT 900 STATE STREET SALEM OR 97301 347594233 0 X WWW.WILLAMETTE.EDU X 1842 OR WILLAMETTE UNIVERSITY PROVIDES RIGOROUS EDUCATION IN THE LIBERAL ARTS AND SELECTED PROFESSIONAL FIELDS. TEACHING AND LEARNING, STRENGTHENED BY SCHOLARSHIP AND SERVICE, FLOURISH IN A VIBRANT CAMPUS COMMUNITY. A WILLAMETTE EDUCATION PREPARES GRADUATES TO TRANSFORM KNOWLEDGE INTO ACTION AND LEAD LIVES OF ACHIEVEMENT, CONTRIBUTION AND MEANING. 36 32 2553 189 244166 0 12554742 7713675 123218215 127281427 8909710 42545956 2328531 1588390 147011198 179129448 46485489 48310080 0 0 59836257 59619066 0 0 2386307 36190979 37549270 142512725 145478416 4498473 33651032 448732824 458860701 100417767 101221250 348315057 357639451 X WILLAMETTE UNIVERSITY PROVIDES RIGOROUS EDUCATION IN THE LIBERAL ARTS AND SELECTED PROFESSIONAL FIELDS. TEACHING AND LEARNING, STRENGTHENED BY SCHOLARSHIP AND SERVICE, FLOURISH IN A VIBRANT CAMPUS COMMUNITY. A WILLAMETTE EDUCATION PREPARES GRADUATES TO TRANSFORM KNOWLEDGE INTO ACTION AND LEAD LIVES OF ACHIEVEMENT, CONTRIBUTION AND MEANING. 0 0 124072206 48310080 110242151 HIGHER EDUCATION - INSTRUCTION AND SUPPORT: 1,995 IN THE COLLEGE OF LIBERAL ARTS, 330 IN THE COLLEGE OF LAW, 220 IN THE ATKINSON GRADUATE SCHOOL OF MANAGEMENT, AND 57 IN THE JOINT DEGREE JD/MBA (2,602 STUDENTS). 13645116 17039276 HIGHER EDUCATION - AUXILIARY FUNCTIONS: INCLUDES ROOM & BOARD (FOR 1,457 STUDENTS), BOOKSTORE AND SUMMER CONFERENCES. 137717322 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 1 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 1 1 1 1 0 0 1 1 1 0 0 0 1 3327 0 1 2553 1 1 1 1 SP 0 0 0 1 1 0 0 0 0 X 36 32 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 CO OR WA X X X KENNETH L PIFER 5033706974 900 STATE STREET SALEM OR 97301 JAMES F ALBAUGH BOARD MEMBER 1.00 X 0 0 0 JULIE E BRANFORD BOARD MEMBER 1.00 X 0 0 0 TRUMAN W COLLINS JR BOARD MEMBER 1.00 X 0 0 0 JAMES B CUNO BOARD MEMBER 1.00 X 0 0 0 HEATHER K DEMPSEY BOARD MEMBER 1.00 X 0 0 0 JAMES A FITZHENRY BOARD MEMBER 1.00 X 0 0 0 ERIC M FRIEDENWALD-FISHMAN BOARD MEMBER 1.00 X 0 0 0 WILLIAM R HADEN BOARD MEMBER 1.00 X 0 0 0 MELVIN HENDERSON-RUBIO BOARD MEMBER 1.00 X 0 0 0 DALE M HERMANN BOARD MEMBER 1.00 X 0 0 0 JOSEPH F HOFFMAN BOARD MEMBER 1.00 X 0 0 0 BRIAN R HUFFT BOARD MEMBER 1.00 X 0 0 0 MARY K HUGHES BOARD MEMBER 1.00 X 0 0 0 RONALD J KNOX BOARD MEMBER 1.00 X 0 0 0 EVA M KRIPALANI BOARD MEMBER 1.00 X 0 0 0 KONRAD CHIP R KRUGER BOARD MEMBER 1.00 X 0 0 0 SEAN B O'HOLLAREN BOARD MEMBER 1.00 X 0 0 0 HEIDI A PATTERSON BOARD MEMBER 1.00 X 0 0 0 CRAIG S PESTI-STROBEL BOARD MEMBER 1.00 X 0 0 0 PUNIT RENJEN BOARD MEMBER 1.00 X 0 0 0 LYNN E RISTIG BOARD MEMBER 1.00 X 0 0 0 JACQUELINE RUSHING BOARD MEMBER 1.00 X 0 0 0 DALE C SAUSE BOARD MEMBER 1.00 X 0 0 0 LYNNE A SAXTON BOARD MEMBER 1.00 X 0 0 0 KEVIN R SMITH BOARD MEMBER 1.00 X 0 0 0 MELISSA L SMITH BOARD MEMBER 1.00 X 0 0 0 PATRICIA SMULLIN BOARD MEMBER 1.00 X 0 0 0 GUY C STEPHENSON BOARD MEMBER 1.00 X 0 0 0 KERRY R TYMCHUK BOARD MEMBER 1.00 X 0 0 0 PATRICK J WAITE BOARD MEMBER 1.00 X 0 0 0 RODERICK C WENDT BOARD MEMBER 1.00 X 0 0 0 STEVEN E WYNNE CHAIR 1.00 X X 0 0 0 DONALD G BROWN VICE CHAIR 1.00 X X 0 0 0 SANDRA M ROWE SECRETARY 1.00 X X 0 0 0 STEPHEN E THORSETT PRESIDENT 40.00 X X 424716 0 152610 MONICA RIMAI SENIOR VP FINANCE AND ADMIN/TREAS 40.00 X X 147722 0 12726 KRISTEN GRAINGER ADMIN SECRETARY/EXEC ASST TO PRES 40.00 X 180138 0 24006 COLLEEN KAWAHARA ADMIN SECRETARY/DIR OFFICE OF PRES 40.00 X 63694 0 8044 JAMES BAUER VP FOR PLANNING, FACILITIES & EXTERNAL AFFAIRS 40.00 X 165864 0 29485 MICHAEL BESEDA VP OF ENROLLMENT AND UNIVERSITY COMMUNICATIONS 40.00 X 217106 0 22462 CURTIS BRIDGEMAN DEAN, COLLEGE OF LAW 40.00 X 244091 0 33153 DAVID DOUGLASS DEAN, CAMPUS LIFE 40.00 X 182290 0 24945 MARLENE MOORE DEAN, COLLEGE OF LIBERAL ARTS/VP ACADEMIC AFFAIRS 40.00 X 215085 0 27344 DENNIS BERGVALL VP FOR ADVANCEMENT DEVELOPMENT 40.00 X 221209 0 29953 DEBRA RINGOLD DEAN OF ATKINSON GRAD SCHOOL OF MGMT 40.00 X 240554 0 31398 SYMEON SYMEONIDES L PARKS CHAIR PROFESSOR OF LAW 40.00 X 251217 0 33545 YVONNE TAMAYO PROFESSOR OF LAW/UNIV GENERAL COUNSEL 40.00 X 206461 0 20141 WILLIAM YASINSKI SPECIAL ASSISTANT TO THE PRESIDENT 40.00 X 279289 0 33993 3039436 0 483805 87 0 1 0 COMPASS GROUP USA (BON APPETIT) 2400 YORKMONT RD CHARLOTTE NC 28217 FOOD SERVICE 4042562 FORTIS CONSTRUCTION INC 1705 SW TAYLOR ST PORTLAND OR 97205 CONSTRUCTION 2330873 FXG CONSTRUCTION LLC 1235 19TH ST NE SALEM OR 97301 CONSTRUCTION 912211 EBSCO 10 ESTES STREET IPSWICH MA 01938 RESEARCH MATERIALS & SUBSCRIPTIONS 334684 ELLUCIAN INC 4375 FAIR LAKES COURT FAIRFAX VA 22033 SOFTWARE LICENSING & SUPPORT 324283 28 21400 1910433 5781842 1474905 7713675 TUITION AND FEES 611310 110242151 110242151 ROOM AND BOARD FEES 721310 15006125 15006125 AUXILIARY INCOME 611710 2033151 2033151 127281427 1640645 220029 1420616 23508 23508 209348710 168443399 40905311 40905311 40905311 35197 21400 21386 13811 13811 OTHER INCOME 900099 1551071 24137 1526934 1551071 179129448 127281427 244166 43890180 20000 20000 46935585 46935585 1354495 1354495 2432647 521994 1910653 153870 40315 113555 42436381 40201306 948764 1286311 3780934 3581796 84532 114606 7353841 6966523 164412 222906 3461393 3161929 199538 99926 126427 3385 121373 1669 152110 152110 187781 187781 1279904 1064627 88719 126558 577343 540119 4057 33167 1969811 1737737 74532 157542 1166478 1152609 9110 4759 2551690 2551690 2246051 2087859 43190 115002 140165 34300 79063 26802 2470108 2470108 5772350 5772350 777344 36807 740537 FOOD SERVICE 3687256 3687256 PROGRAM/STUDY ABROAD 3609923 3409394 21863 178666 BOOKS AND PERIODICALS 1320007 1320007 ATHLETICS 1016948 1016948 8497574 8048183 430998 18393 145478416 137717322 5374787 2386307 3513708 364638 21571188 26318887 6377070 4135753 1990545 2055461 7834153 7929711 471701 369693 381859 313863 241944279 97372685 145095850 144571594 135166022 3409009 124246995 267536581 2083733 1855511 448732824 458860701 18499774 17394743 2587487 2721997 61183967 61102316 18146539 20002194 100417767 101221250 X 54372188 63038325 154346720 154405912 139596149 140195214 348315057 357639451 448732824 458860701 X 33651032 -22310277 -2016361 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 230055 4671481 0 0 X X 0 236678165 2178723 19990691 4815105 8390249 187781 245454444 222487762 3727322 23482147 4601814 8012288 404964 236678165 213765462 2007611 20404995 4824897 8430489 434920 222487762 238639755 1798414 -12718310 4881878 8698764 373755 213765462 215471491 3232101 34515481 5099917 9052579 426822 238639755 0.09000 0.91000 0.00000 1 0 8655297 8655297 169797432 57873383 111924049 14217407 10254873 3962534 6417423 4830808 1586615 42856720 24413621 18443099 144571594 MULTI-STRATEGY LIMITED PARTNERSHIP INVESTMENT FUND 234427257 F FIXED INCOME FUNDS 18232815 F REAL ASSETS 831378 F OTHER INVESTMENTS 14045131 F 267536581 ANNUITIES AND TRUSTS PAYABLE 12839234 GOVERNMENT ADVANCES FOR STUDENT LOANS 7162960 20002194 X 106464180 -22310277 -49840402 -72150679 178614859 187781 326808 514589 179129448 97139768 -106437 -106437 97246205 187781 48044430 48232211 145478416 PART III, LINE 4: WILLAMETTE UNIVERSITY HAS A COLLECTION OF ART AND CULTURAL/HISTORICAL ARTIFACTS THAT CONSISTS OF PAINTINGS, PHOTOGRAPHS, CERAMICS, DRAWINGS, ARCHAEOLOGICAL ARTIFACTS, TEXTILES, SCULPTURES, NATIVE AMERICAN WOVEN BASKETS, AND OTHER MEDIA. THE COLLECTION IS VALUED AT $4,671,481 AND IS HELD IN THE UNIVERSITY ART MUSEUM. THE MUSEUM EXISTS TO SUPPORT THE LIBERAL ARTS CURRICULUM OF WILLAMETTE UNIVERSITY AND TO SERVE AS AN INTELLECTUAL AND CULTURAL RESOURCE FOR THE CITY OF SALEM AND BEYOND, THROUGH THE COLLECTION, PRESERVATION, EXHIBITION AND INTERPRETATION OF HISTORICAL AND CONTEMPORARY ART WITH AN EMPHASIS ON REGIONAL ART. PART V, LINE 4: THE ENDOWMENT FUNDS HELD BY THE UNIVERSITY ARE USED TO SUPPORT OPERATIONS, INCLUDING FINANCIAL AID, INSTRUCTION AND BUILDINGS. PART X, LINE 2: FIN 48 (ASC 740) UNCERTAIN TAX POSITIONS FINANCIAL STATEMENT FOOTNOTE - U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REQUIRE THE UNIVERSITY'S MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE UNIVERSITY AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE UNIVERSITY HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED TAX POSITIONS TAKEN BY THE UNIVERSITY AND HAS CONCLUDED AS OF MAY 31, 2015, 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 JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE UNIVERSITY'S MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO FISCAL 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS NETTED WITH REVENUE ON FINANCIAL STATEMENTS -47,991,930. CHANGE IN VALUE OF ANNUITIES AND TRUSTS -1,848,472. PART XI, LINE 4B - OTHER ADJUSTMENTS: UNRELATED BUSINESS INCOME FROM ALTERNATIVE INVESTMENTS 220,029. FUNDRAISING EXPENSES NETTED WITH REVENUE ON 990 -21,386. CASH SALES NETTED WITH EXPENSE ON FINANCIAL STATEMENTS 128,165. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES NETTED WITH REVENUE ON 990 21,386. CASH SALES NETTED WITH EXPENSE ON FINANCIAL STATEMENTS -128,165. OTHER ADJUSTMENT 342. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS NETTED WITH REVENUE ON FINANCIAL STATEMENTS 47,991,930. PRESIDENT'S HOUSING BENEFITS NOT INCLUDED ON FINANCIAL STATEMENTS 52,500. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY POSTED ITS POLICY IN THE OREGONIAN NEWSPAPER DURING THE PERIOD OF SOLICITATION FOR STUDENTS. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES TITLE IV FUNDS FOR FINANCIAL AID PURPOSES, AS WELL AS FEDERAL AND STATE GRANTS FOR FACULTY RESEARCH AND PROGRAMMING PURPOSES. 1 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 1 2 PROGRAM SERVICES STUDY ABROAD PROGRAM 888630 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM 57811 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 GRANTMAKING 20375 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 GRANTMAKING 318899 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 GRANTMAKING 840871 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 GRANTMAKING 18500 NORTH AMERICA - CANADA AND MEXICO, BUT BUT NOT THE UNITED STATES 0 0 GRANTMAKING 18750 RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, 0 0 GRANTMAKING 35500 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 GRANTMAKING 57550 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA, FASO, 0 0 GRANTMAKING 44050 1 2 0 0 1 2 2199336 101600 2300936 SCHOLARSHIPS CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 1 20375 APPLIED TO STUDENT BILL TO OFFSET TUITION AND FEES SCHOLARSHIPS EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 45 318899 APPLIED TO STUDENT BILL TO OFFSET TUITION AND FEES SCHOLARSHIPS EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 89 840871 APPLIED TO STUDENT BILL TO OFFSET TUITION AND FEES SCHOLARSHIPS MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 2 18500 APPLIED TO STUDENT BILL TO OFFSET TUITION AND FEES SCHOLARSHIPS NORTH AMERICA - CANADA AND MEXICO, BUT BUT NOT THE UNITED STATES 6 18750 APPLIED TO STUDENT BILL TO OFFSET TUITION AND FEES SCHOLARSHIPS RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, 3 35500 APPLIED TO STUDENT BILL TO OFFSET TUITION AND FEES SCHOLARSHIPS SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 36 57550 APPLIED TO STUDENT BILL TO OFFSET TUITION AND FEES SCHOLARSHIPS SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA, FASO, 4 44050 APPLIED TO STUDENT BILL TO OFFSET TUITION AND FEES 1 0 1 1 1 0 PART I, LINE 2: SCHOLARSHIPS/GRANTS AWARDED TO STUDENTS WHO ARE STUDYING ABROAD ARE APPLIED TO THEIR STUDENT ACCOUNTS. THE SCHOLARSHIPS OFFSET TUITION AND FEES TO REDUCE THE AMOUNT THAT STUDENTS OWE TO THE UNIVERSITY. THUS, THE STUDENTS DO NOT PHYSICALLY RECEIVE THE MONEY. PROCEDURES DO NOT DIFFER FROM THOSE APPLIED TO STUDENTS WHO ARE ATTENDING ON CAMPUS, OTHER THAN VERIFICATION OF PARTICIPATION AND COMPLETION OF THE PROGRAM. THE FOLLOWING ARE THE PROCEDURES FOLLOWED BY THE UNIVERSITY FOR MONITORING THE USE OF SCHOLARSHIP/GRANT FUNDS: THE BUSINESS OFFICE NOTIFIES THE FINANCIAL AID OFFICE OF AMOUNTS AVAILABLE TO AWARD TO STUDENTS EACH ACADEMIC YEAR. FINANCIAL AID OFFICE SELECTS RECIPIENTS BASED UPON CRITERIA ESTABLISHED FOR EACH TYPE OF FUNDING. FINANCIAL AID OFFICE NOTIFIES THE BUSINESS OFFICE OF EXPENDITURES FOR EACH TERM DURING THE ACADEMIC YEAR. AT YEAR-END, FINANCIAL AID OFFICE AND BUSINESS OFFICE RECONCILE ACCOUNTS FOR ALL FUNDS. FOR DONOR-CONTRIBUTED SCHOLARSHIPS (ENDOWED OR ANNUALLY FUNDED), THE DEVELOPMENT OFFICE PROVIDES ANNUAL REPORTS TO THE DONORS REGARDING THE USE OF THOSE FUNDS. PART I, LINE 3: EXPENDITURES ARE ACCOUNTED FOR UNDER THE ACCRUAL METHOD. PART IV: THE UNIVERSITY HAD OWNERSHIP INTERESTS IN FOREIGN CORPORATIONS, PASSIVE FOREIGN INVESTMENT COMPANIES AND FOREIGN PARTNERSHIPS THROUGH INVESTMENTS. HOWEVER, THE UNIVERSITY DOES NOT MEET THE FILING REQUIREMENTS FOR FORMS 5471, 8621, OR 8865, RESPECTIVELY, BASED UPON EACH FORM'S FILING INSTRUCTIONS. FORE GOLF TOURNAMENT 56597 21400 35197 4528 11000 2517 3341 56597 21400 35197 4528 11000 2517 3341 21386 13811 1 SCHOLARSHIPS TO STUDENTS 2394 46637435 STUDENT RESEARCH GRANTS 48 163502 FACULTY RESEARCH GRANTS 72 111998 OTHER STUDENT AWARDS AND PRIZES 31 20650 OTHER FACULTY AWARDS AND PRIZES 2 2000 PART I, LINE 2: PROCEDURES FOR MONITORING OF SCHOLARSHIPS - THE BUSINESS OFFICE NOTIFIES THE FINANCIAL AID OFFICE OF AMOUNTS AVAILABLE TO AWARD TO STUDENTS EACH ACADEMIC YEAR. FINANCIAL AID OFFICE SELECTS RECIPIENTS BASED UPON CRITERIA ESTABLISHED FOR EACH TYPE OF FUNDING. FINANCIAL AID OFFICE NOTIFIES THE BUSINESS OFFICE OF EXPENDITURES FOR EACH TERM DURING THE ACADEMIC YEAR. AT YEAR-END, FINANCIAL AID OFFICE AND BUSINESS OFFICE RECONCILE ACCOUNTS FOR ALL FUNDS. FOR DONOR-CONTRIBUTED SCHOLARSHIPS (ENDOWED OR ANNUALLY FUNDED), THE DEVELOPMENT OFFICE PROVIDES ANNUAL REPORTS TO THE DONORS REGARDING THE USE OF THOSE FUNDS. PROCEDURES FOR MONITORING RESEARCH GRANTS - THERE ARE SEVERAL DIFFERENT DEPARTMENTS THAT OFFER RESEARCH GRANTS AT WILLAMETTE. EACH DEPARTMENT HAS DIFFERENT MONITORING PROCEDURES FOR THE USE OF GRANT FUNDS. HOWEVER, THE MONITORING PROCEDURES TYPICALLY INVOLVE THE FOLLOWING: A WRITTEN AND/OR VERBAL REPORT ON THE RESEARCH PROJECT MUST BE SUBMITTED DURING AND/OR AT THE CONCLUSION OF THE PROJECT; RECEIPTS MUST BE SUBMITTED FOR REIMBURSEMENT OF PROJECT EXPENDITURES. FINAL PAYMENT OF GRANT FUNDS IS OFTEN CONTINGENT ON THE AFOREMENTIONED ITEMS. THE DEPARTMENT THAT AWARDS THE GRANTS HANDLES THE RELATED MONITORING OF THOSE GRANT FUNDS. PROCEDURES FOR MONITORING OTHER AWARDS AND PRIZES - AWARD/PRIZE RECIPIENTS ARE DETERMINED BY CRITERIA ESTABLISHED BY THE RESPECTIVE DEPARTMENTS. DEPARTMENTS WORK WITH THE ACCOUNTING OFFICE TO MAKE SURE THAT THE AWARD FUNDS ARE DISBURSED TO THE CORRECT STUDENT OR FACULTY MEMBER. X X X X 0 1 X X X X X 0 1 0 0 0 0 0 0 0 STEPHEN E THORSETT PRESIDENT 417115 0 0 0 7601 0 77852 0 74758 0 577326 0 0 0 MONICA RIMAI SENIOR VP FINANCE AND ADMIN/TREAS 147244 0 0 0 478 0 9500 0 3226 0 160448 0 0 0 KRISTEN GRAINGER ADMIN SECRETARY/EXEC ASST TO PRES 179420 0 0 0 718 0 15604 0 8402 0 204144 0 0 0 JAMES BAUER VP FOR PLANNING, FACILITIES & EXTERN 164409 0 0 0 1455 0 16717 0 12768 0 195349 0 0 0 MICHAEL BESEDA VP OF ENROLLMENT AND UNIVERSITY COMM 215248 0 0 0 1858 0 20679 0 1783 0 239568 0 0 0 CURTIS BRIDGEMAN DEAN, COLLEGE OF LAW 243563 0 0 0 528 0 24714 0 8439 0 277244 0 0 0 DAVID DOUGLASS DEAN, CAMPUS LIFE 181446 0 0 0 844 0 18164 0 6781 0 207235 0 0 0 MARLENE MOORE DEAN, COLLEGE OF LIBERAL ARTS/VP ACA 209492 0 0 0 5593 0 20990 0 6354 0 242429 0 0 0 DENNIS BERGVALL VP FOR ADVANCEMENT DEVELOPMENT 213641 0 0 0 7568 0 21608 0 8345 0 251162 0 0 0 DEBRA RINGOLD DEAN OF ATKINSON GRAD SCHOOL OF MGMT 231484 0 0 0 9070 0 22853 0 8545 0 271952 0 0 0 SYMEON SYMEONIDES L PARKS CHAIR PROFESSOR OF LAW 244323 0 0 0 6894 0 25095 0 8450 0 284762 0 0 0 YVONNE TAMAYO PROFESSOR OF LAW/UNIV GENERAL COUNSE 205324 0 0 0 1137 0 13499 0 6642 0 226602 0 0 0 WILLIAM YASINSKI SPECIAL ASSISTANT TO THE PRESIDENT 262935 0 0 0 16354 0 25500 0 8493 0 313282 0 0 0 PART I, LINE 1A THE UNIVERSITY PRESIDENT IS REQUIRED AS A CONDITION OF EMPLOYMENT TO MAINTAIN A PERSONAL RESIDENCE IN A HOUSE PROVIDED BY THE UNIVERSITY. THE HOUSING ARRANGEMENT IS FOR THE CONVENIENCE OF THE UNIVERSITY AND THE HOUSE IS USED FOR UNIVERSITY BUSINESS. THE PRESIDENT FLEW FIRST CLASS ON FOUR DIFFERENT OCCASIONS DURING THE 2014-2015 FISCAL YEAR. CLUB MEMBERSHIPS WERE PROVIDED TO THE UNIVERSITY PRESIDENT AND THE DEAN OF THE GRADUATE SCHOOL OF MANAGEMENT AND ARE USED FOR UNIVERSITY BUSINESS MEETINGS. PERSONAL SERVICES CONSIST OF CUSTODIAL SERVICES FOR THE UNIVERSITY-OWNED RESIDENCE OCCUPIED BY THE PRESIDENT. NONE OF THESE BENEFITS WERE TREATED AS TAXABLE COMPENSATION TO THE RECIPIENTS. PART I, LINE 1B ITEMS NOTED IN LINE 1A WERE PROVIDED BASED ON EMPLOYMENT AGREEMENTS WITH THE UNIVERSITY PRESIDENT AND OTHER EMPLOYEES, AND THE UNIVERSITY FOLLOWED THE PROVISIONS OF THESE AGREEMENTS REGARDING PAYMENT/REIMBURSEMENT/ PROVISION OF THESE ITEMS. PART I, LINE 4B THE EMPLOYMENT AGREEMENT FOR PRESIDENT THORSETT INCLUDES A LONGEVITY BONUS EQUAL TO 10% OF THE BASE SALARY AMOUNT FOR EACH OF THE FIVE YEARS FOLLOWING JULY 1, 2011, PAYABLE UPON COMPLETION OF FIVE FULL YEARS OF EMPLOYMENT AS PRESIDENT. A STATE OF OREGON - OREGON FACILITIES AUTHORITY 936001787 68608JFN6 2007-06-14 32409522 SEE SCHEDULE K, PART VI 0 0 0 B STATE OF OREGON - OREGON FACILITIES AUTHORITY 936001787 68608JMC2 2010-05-06 28540002 SEE SCHEDULE K, PART VI 0 0 0 C STATE OF OREGON - OREGON FACILITIES AUTHORITY 936001787 68608JSD4 2014-07-30 12500000 SEE SCHEDULE K, PART VI 0 0 0 A 1165000 32409522 419966 23437177 2009 0 1 1 1 B 10835000 28540002 10989664 373227 14892393 2012 0 1 1 1 C 12500000 223575 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 1 GE CAPITOL 2.500000000000 1 0 1 B 0 0 0 1 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 A 0 B 0 C 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: STATE OF OREGON - OREGON FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 06/14/2012 ISSUER NAME: STATE OF OREGON - OREGON FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 04/01/2015 SCHEDULE K, PART I, BOND ISSUES: (A) ISSUER NAME: STATE OF OREGON - OREGON FACILITIES AUTHORITY 6/14/07 (F) DESCRIPTION OF PURPOSE: THE PROCEEDS OF THE SERIES 2007 BONDS WERE USED TO REPAY THE OUTSTANDING LINE OF CREDIT, TO FINANCE THE CONSTRUCTION OF FIVE MAJOR PROJECTS, AND TO ADVANCE REFUND $8,400,000 OF THE SERIES 2004 BONDS, WHICH WERE ISSUED ON JUNE 30, 2004. (A) ISSUER NAME: STATE OF OREGON - OREGON FACILITIES AUTHORITY 5/6/10 (F) DESCRIPTION OF PURPOSE: THE PROCEEDS OF THE SERIES 2010 BONDS WERE USED TO REPAY THE OUTSTANDING LINE OF CREDIT, TO ADVANCE REFUND THE REMAINING BALANCES OF THE SERIES 2004 (ISSUED JUNE 30, 2004) AND SERIES 2005 (ISSUED AUGUST 18, 2005) BONDS, TO PROVIDE FUNDING FOR SEVERAL CAPITAL PROJECTS, AND TO ASSIST WITH OTHER FACILITY UPGRADES AND IMPROVEMENTS. (A) ISSUER NAME: STATE OF OREGON - OREGON FACILITIES AUTHORITY 7/30/14 (F) DESCRIPTION OF PURPOSE: THE PROCEEDS OF THE SERIES 2014 BOND WERE USED TO REFUND THE 2010 SERIES A AND B BONDS WITH PAYMENTS DUE OCTOBER 1, 2014. 1500 SCHOLARSHIP TO ASSIST WITH FUNDING WILLAMETTE UNDERGRADUATE EDUCATION RACHEL DEWEY THORSETT SPOUSE OF OFFICER STEPHEN THORSETT 40315 EMPLOYMENT 0 JACQUELINE L BALZER SPOUSE OF OFFICER MONICA RIMAI 113555 EMPLOYMENT 0 CHRISTENSEN ELECTRIC INC BOARD MEMBER HEIDI PATTERSON'S DAUGHTER-IN-LAW OWNS COMPANY 201337 ELECTRICAL WORK - CONSTRUCTION 0 X 30 230055 OPINION OF EXPERTS X 650 COMPARABLE SALES X 48 1242700 SELLING PRICE X 1 1500 OPINION OF EXPERTS 4 0 1 0 PART I, COLUMN (B): REPRESENTS THE NUMBER OF DONORS WHO MADE CONTRIBUTIONS FOR THE APPLICABLE CATEGORIES. PART I, LINE 33: $2,656 WAS NOT INCLUDED IN REVENUE BECAUSE NON-ART IN-KIND DONATIONS UNDER $5,000 ARE NOT RECORDED IN GENERAL LEDGER PER POLICY. FORM 990, PART VI, SECTION A, LINE 2 DONALD BROWN, TRUSTEE, AND PATRICIA SMULLIN, TRUSTEE: FAMILY RELATIONSHIP RODERICK WENDT, TRUSTEE, AND STEVEN WYNNE, TRUSTEE: BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11 FORM 990 AND ITS RELATED SCHEDULES, EXCEPT FOR SCHEDULE B, WERE PROVIDED TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO THE UNIVERSITY FILING THE COMPLETED FORM WITH THE IRS. FORM 990 AND ALL ITS ACCOMPANYING SCHEDULES ARE REVIEWED BY THE CONTROLLER AND THE SENIOR VICE PRESIDENT FOR FINANCE AND ADMINISTRATION, AS WELL AS THE AUDIT COMMITTEE. THE DRAFT FORM 990 (EXCEPT FOR SCHEDULE B) IS POSTED TO A SECURE WEBSITE THAT CAN ONLY BE ACCESSED BY MEMBERS OF THE BOARD OF TRUSTEES. BOARD MEMBERS ARE NOTIFIED VIA E-MAIL THAT FORM 990 IS AVAILABLE TO REVIEW ON THE SECURE WEBSITE. IN ADDITION, THE AUDIT COMMITTEE REVIEWS AND DISCUSSES THE RETURN. AFTER THE FORM HAS BEEN REVIEWED BY ALL NOTED PARTIES IT IS MODIFIED (IF NECESSARY), FINALIZED, AND SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED AND REVIEWED ANNUALLY TO THOSE WHOM IT APPLIES: OFFICERS, MEMBERS OF THE BOARD OF TRUSTEES, KEY EMPLOYEES, AND HIGHLY COMPENSATED EMPLOYEES. ALL TRUSTEES, OFFICERS, KEY EMPLOYEES, AND HIGHLY COMPENSATED EMPLOYEES MUST COMPLETE, SIGN AND RETURN THE POLICY TO THE PRESIDENT OR THE SENIOR VICE PRESIDENT FOR FINANCE AND ADMINISTRATION. THE BOARD'S PROCESS FOR ADDRESSING CONFLICTS OF INTEREST IN ACCORDANCE WITH THE ADOPTED ABOVE-REFERENCED POLICY IS AS FOLLOWS: "IF AN INDIVIDUAL BELIEVES THAT HE OR SHE MAY HAVE A CONFLICT OF INTEREST, THE INDIVIDUAL SHALL PROMPTLY AND FULLY DISCLOSE THE CONFLICT ON A FORM TO THE CHAIRMAN OF THE BOARD OF TRUSTEES OR PRESIDENT, OR THE CHAIR OF ANY COMMITTEE OF THE BOARD CONSIDERING THE MATTER, AND SHALL REFRAIN FROM PARTICIPATING ON BEHALF OF THE UNIVERSITY IN THE MATTER TO WHICH THE CONFLICT RELATES UNTIL THE CONFLICT QUESTION HAS BEEN WAIVED BY VOTE OF THE BOARD OF TRUSTEES OR A COMMITTEE OF THE BOARD AFTER THE MATERIAL FACTS OF THE TRANSACTION AND THE INDIVIDUAL'S INTEREST ARE DISCLOSED OR KNOWN TO THE BOARD OR COMMITTEE OF THE BOARD, OR OTHERWISE RESOLVED IN COMPLIANCE WITH THE OREGON NONPROFIT CORPORATION ACT (ORS CH. 65)." THE BOARD CHAIR, BOARD TREASURER, AND ADMINISTRATIVE SECRETARY TO THE BOARD MONITOR COMPLIANCE ON AN ONGOING BASIS. MONITORING ACTIVITIES MAY INCLUDE REVIEW OF MEETING MINUTES BY THE ADMINISTRATIVE SECRETARY TO IDENTIFY POTENTIAL/DEVELOPING CONFLICTS OR CONFLICTS THAT MAY HAVE ALREADY OCCURRED AND INFORMAL DISCUSSIONS WITH COMMITTEE CHAIRS OR BOARD OFFICERS TO RAISE AWARENESS OF CONFLICTS AND POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A AN AD HOC COMMITTEE OF MEMBERS OF THE BOARD OF TRUSTEES ESTABLISHED THE COMPENSATION FOR THE PRESIDENT OF THE UNIVERSITY. THE COMMITTEE CONSISTED OF THREE MEMBERS WHO DID NOT HAVE A CONFLICT OF INTEREST PER IRS REGULATIONS SECTION 53.4958-6(C)(1)(III). IN ORDER TO ESTABLISH AN APPROPRIATE LEVEL OF COMPENSATION, THE COMMITTEE GATHERED DATA FROM SIMILAR SIZED PRIVATE LIBERAL ARTS COLLEGES LOCATED IN THE NORTHWESTERN UNITED STATES. THE DATA FROM THE SCHOOLS WAS OBTAINED DIRECTLY FROM EACH INSTITUTION. IN ADDITION, A NATIONWIDE REVIEW OF COMPENSATION AS REPORTED ON THE 990'S OF OTHER SIMILAR SIZED PRIVATE LIBERAL ARTS UNIVERSITIES WAS PERFORMED. ONCE THE AMOUNT WAS DECIDED UPON, THE INFORMATION WAS PASSED ON TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SUBSEQUENTLY APPROVED THE COMPENSATION PACKAGE. THE LAST TIME THIS PROCESS WAS UNDERTAKEN BY THE UNIVERSITY WAS IN AUGUST OF 2014. FORM 990, PART VI, SECTION C, LINE 18 THE UNIVERSITY FILED FOR TAX EXEMPTION BEFORE JULY 15, 1987 AND DID NOT HAVE A COPY OF FORM 1023 ON FILE AT THAT TIME AND IS THEREFORE NOT REQUIRED TO MAKE FORM 1023 PUBLICLY AVAILABLE. THE UNIVERSITY INSTEAD POSTS A COPY OF ITS CURRENT IRS EXEMPTION LETTER ON ITS WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS, BYLAWS AND ARTICLES OF INCORPORATION ARE POSTED ON THE UNIVERSITY'S WEBSITE. THE UNIVERSITY'S CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF ANNUITIES AND TRUSTS -1,848,472. UNRELATED BUSINESS INCOME FROM ALTERNATIVE INVESTMENTS -220,029. PRESIDENT'S HOUSING BENEFIT NOT RECORDED ON FINANCIAL STATEMENTS 52,500. OTHER ADJUSTMENT -360. 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