2016-04-29T09:17:51-05:00 2015-06-30 KPMG LLP 1676 International Drive Mclean VA 22102 990 2014-07-01 520591421 ST JOHN'S COLLEGE % J SMOLSKIS AND B VALENTINE STJO 4102632371 60 COLLEGE AVENUE ANNAPOLIS MD 21401 JOSEPH SMOLSKIS TREASURER 4106262514 2016-04-27 true WHITNEY E BLAIR P01226647 7032868000 2014 2016-08-17 19:52:53Z CHRISTOPHER NELSON 60 COLLEGE AVENUE ANNAPOLIS MD 21401 191137576 false X www.sjc.edu X 1784 MD TO PROVIDE POST-SECONDARY EDUCATION. 34 30 991 150 515375 27599 21591852 24235143 48942015 49799030 12684839 4805193 11669 3232 83230375 78842598 20318957 22680843 0 0 30736915 33463028 0 0 3154733 20692069 24869908 71747941 81013779 11482434 -2171181 261838294 264285622 54760820 60434828 207077474 203850794 X ST JOHN'S COLLEGE IS A COMMUNITY DEDICATED TO LIBERAL EDUCATION, WHICH AIMS TO FREE US FROM PREJUDICE AND UNEXAMINED OPINION, PREPARE US TO MEET THE KNOWN AND UNKNOWN CHALLANGES THE FUTURE WILL PRESENT, AND ENABLE US TO MAKE THOUGHTFUL CHOICES IN PUBLIC AND PRIVATE LIFE, AND TO ACHIEVE PERSONAL AND PROFESSIONAL SUCCESS. STUDENTS AT ST. JOHN'S, AS THIER CENTRAL ACTIVITY, READ, STUDY AND DISCUSS, IN SMALL CLASSES, THE ELEMENTS OF LANGUAGE, MATHEMATICS, SCIENCE, AND MUSIC THROUGH GREAT WORKS OF THE WEST. IN SANTA FE, THERE IS ALSO A PROGRAM FOCUSING ON GREAT WORKS OF THE EAST. ST. JOHN'S STUDENTS DEVELOP HABITS OF MIND AND SKILLS TO DEAL WITH COMPLEX ISSUES THROUGH COOPERATIVE INQUIRY AND INDEPENDENT THINKING. THE PROGRAM OPENS THE WORLD TO THEM - SERVING IN WAYS THAT ARE CRUCIAL TO THEIR DEVELOPMENT AS ACTIVE AND CARING CITIZENS, PARENTS, PARTNERS, COLLEAGUES, AND FRIENDS. false false 64207994 22680843 49286536 GRADUATE & UNDERGRADUATE COURSE OF STUDY FOR APPROXIMATELY 1036 STUDENTS. 64207994 true true false false false false false true false true true true false false true true true true true false true false true false true false false false true true true false false false false false true true false false false true false false false false true false false false true 1520 0 true 991 true true true true CJ false false false false false false false false X 34 30 false false false false false false false true true false false false true true true true true true true false MD NM X J SMOLSKIS AND B VALENTINE 4106262514 60 COLLEGE AVENUE ANNAPOLIS MD 21401 X Joanne Aitken Member 1.0 0.0 X 0 0 0 Pamela Saunders-Albin Member 1.0 0.0 X 0 0 0 Elizabeth A Bassan Member 1.0 0.0 X 0 0 0 Robert Bienenfeld Secretary 1.0 0.0 X X 0 0 0 Sharon Bishop Member 1.0 0.0 X 0 0 0 Steven J Bohlin Member 1.0 0.0 X 0 0 0 Claiborne B Booker Member 1.0 0.0 X 0 0 0 Jana H Carey Member 1.0 0.0 X 0 0 0 Phelosha Collaros Ex Officio 1.0 0.0 X 0 0 0 R Weston Donehower Member 1.0 0.0 X 0 0 0 Bryan Dorland Member 1.0 0.0 X 0 0 0 Ronald Fielding Member 1.0 0.0 X 0 0 0 Stephen Forman Member 1.0 0.0 X 0 0 0 John L Gray Member 1.0 0.0 X 0 0 0 Erwin L Greenberg Member 1.0 0.0 X 0 0 0 Stewart Greenfield Member 1.0 0.0 X 0 0 0 Richard Groenendyke Member 1.0 0.0 X 0 0 0 Joan Haratani Member 1.0 0.0 X 0 0 0 Larry Hogan Ex Officio 1.0 0.0 X 0 0 0 Harold Hughes Member 1.0 0.0 X 0 0 0 Pamela Kraus Dean - ANNAPOLIS 35.0 0.0 X X 147508 0 31100 Perry Lerner Chairman 1.0 0.0 X X 0 0 0 Susana Martinez Ex Officio 1.0 0.0 X 0 0 0 Robert Mass Member 1.0 0.0 X 0 0 0 Douglas K Mayer Member 1.0 0.0 X 0 0 0 Wilfred M McClay Member 1.0 0.0 X 0 0 0 Christopher Nelson President - ANNAPOLIS 35.0 0.0 X X 290113 0 167871 Michael Peters President - SANTA FE 35.0 0.0 X X 257188 0 105004 James H Polk Member 1.0 0.0 X 0 0 0 Joshua Rogers Member 1.0 0.0 X 0 0 0 Theodore C Rogers Vice Chair 1.0 0.0 X 0 0 0 Warren Spector Member 1.0 0.0 X 0 0 0 Jospeh Sterling Dean - SANTA FE 35.0 0.0 X X 110455 0 25659 Jill Cooper Udall Member 1.0 0.0 X 0 0 0 Leslie Jump Walker Member 1.0 0.0 X 0 0 0 Delores Wolf Member 1.0 0.0 X 0 0 0 Edward Walpin INTERIM DEAN - SANTA FE 35.0 0.0 X X 91731 0 14537 Barbara Goyette Vice President - ANNAPOLIS 35.0 0.0 X 147635 0 35755 Victoria Mora Vice President - SANTA FE 35.0 0.0 X 137873 0 22119 Bryan Valentine Treasurer - SANTA FE 35.0 0.0 X 144052 0 29127 Fred Billups Interim Treasurer - ANNAPOLIS 35.0 0.0 X 83391 0 8963 Joseph Smolskis Treasurer - ANNAPOLIS 35.0 0.0 X 70415 0 10893 David Carl DIRECTOR OF G.I. 35.0 0.0 X 143165 0 31295 David Townsend Tutor 35.0 0.0 X 115478 0 38094 Jeff Black DIRECTOR OF GRAD INSTITUTE 35.0 0.0 X 112884 0 37408 James Carey Tutor 35.0 0.0 X 109814 0 33720 Krishnan Venkatesh Tutor 35.0 0.0 X 120212 0 18394 2081914 0 609939 32 false true false Bon Appetit PO Box 417632 Boston MA 02241 Food Service 1992487 A'viands NW507 PO Box 1450 Minneapolis MN 55485 Food Service 1347684 Sodexo Inc Affilates PO Box 536922 Atlanta GA 30353 Maintainence 1255666 Securitas Security SvcsUSA Inc 4100 Osuna ROAD NE Albuquerque NM 87109 Security Services 237404 KPMG LLP PO Box 120522 Dallas TX 75312 Accounting Services 169479 17 32350 2154017 22048776 3226798 24235143 TUITION FEES 611600 39797250 39797250 Room & Board fees 611710 6864737 6864737 Auxiliary Enterprises 611710 1520494 1007820 512674 Other program service revenue 611710 1616549 1616549 49799030 712219 1625 710594 0 0 0 0 0 116328863 112235889 4092974 4092974 1076 4091898 62321 32350 59089 3232 3232 0 0 0 78842598 49286356 515375 4805724 0 19035616 19035616 3645227 3645227 0 1416862 298333 835894 282635 0 21802051 17472654 2971610 1357787 3337471 2291389 939251 106831 5275430 3600393 1367296 307741 1631214 1261439 249537 120238 0 116000 116000 164422 164422 0 0 615648 615648 3134177 2262042 754239 117896 525510 242501 117682 165327 2437295 1459351 638897 339047 660758 168066 466065 26627 0 1435443 1279914 96207 59322 467473 324172 75579 67722 0 229280 220858 8422 1293345 988331 305014 0 3307293 3218360 66264 22669 410287 10972 399315 POST RETIREMENT BENEFITS 4807949 2403975 2403974 AUXILIARY ENTERPRISES 2742869 2742869 LECTURES, EVENTS & RELATED 913027 705302 32070 175655 STUDENT INITIATIVES 530591 530591 1078541 576230 497075 5236 81013779 64207994 13651052 3154733 6233416 6964629 2011897 0 11768820 12853518 1139394 878991 126741 76046 0 0 5794536 5627623 434306 419620 799332 360822 140855805 65557209 77694629 75298596 8849795 33449642 143040286 124820736 0 0 0 0 3945142 3535399 261838294 264285622 27943155 34036404 1421920 1438673 2523739 1774021 21100971 20422348 0 0 0 0 38948 0 0 1000000 1732087 1763382 54760820 60434828 X 39611529 26616111 55317034 48853816 112148911 128380867 207077474 203850794 261838294 264285622 X -2171181 -1166378 110879 X X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X RARE AND OLD LIBRARY BOOKS false 150951958 11570662 2908943 3176238 4960470 157294855 133402108 8241514 16527771 2931189 4288246 150951958 124887763 2783231 13182146 2913354 4537678 133402108 129941910 3669718 296988 3766298 5254555 124887763 114498800 4331083 19218072 3098672 5007373 129941910 0.04700 0.72400 0.22900 true false 9144507 9144507 121150534 53750868 67399666 9560294 8121635 1438659 1000470 3684706 -2684236 75298596 CASH AND CASH EQUIVALENTS 46242158 F TOTAL RETURN FUNDS 44402537 F HEDGE FUNDS 23691035 F FOUNDATIONS, TRUSTS, AND OTHER 1584646 F PRIVATE EQUITY FUNDS 8900360 F 124820736 0 UNAMORTIZED BOND PREMIUM 179361 DEFERRED BOND ISSUE COSTS -400074 ASSET RETIREMENT OBLIGATIONS 1984095 1763382 X 54265210 -1166378 -22680843 -23847221 78112431 114519 615648 730167 78842598 52794822 52794822 114519 28104438 28218957 81013779 PURPOSE OF COLLECTIONS Part III, Line 4 SANTA FE - THE ARTWORK PLACED AROUND CAMPUS, AS WELL AS LIBRARY BOOK COLLECTION, FURTHER THE PURPOSE OF THE COLLEGE BY EXPOSING STUDENTS TO FINE WORKS OF ART, IN BOTH THE WRITTEN AND SCULPTED FORM THE EXCELLENCE AND DEPTH OF THOUGHT AND CREATIVITY EXPECTED OF OUR STUDENTS. ANNAPOLIS - THE COLLECTION IS AN ECLECTIC ASSEMBLAGE OF FINE AND DECORATIVE ART OBJECTS THAT HAVE BEEN GIVEN TO THE COLLEGE OVER THE YEARS. THIS COLLECTION RANGES FROM UNFRAMED REPRODUCTION POSTERS TO FINE CHINESE SILK PAINTING. MANY OF THESE OBJECTS ARE ON DISPLAY THROUGHOUT CAMPUS AND ENRICH CLASSROOM, COMMON, AND OFFICE SPACES. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS Part V, Line 4 ENDOWMENT FUNDS ARE DONOR RESTRICTED AND ARE USED TO FUND FACULTY AND STUDENT FINANCIAL AID. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48 Part X, Line 2 THE COLLEGE FOLLOWS THE GUIDANCE OF ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR THE RECOGNITION AND MEASUREMENT OF THE BENEFITS OF INDIVIDUAL TAX POSITIONS IN THE FINANCIAL STATEMENTS, INCLUDING THOSE OF NON-PROFIT COLLEGES. TAX POSITIONS MUST MEET A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT IN ORDER FOR THE BENEFIT OF THOSE TAX POSITIONS TO BE RECOGNIZED IN THE COLLEGES FINANCIAL STATEMENTS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE COLLEGE AND HAS CONCLUDED THAT AS OF JUNE 30, 2015, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE COLLEGE IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIOD IN PROGRESS. RECONCILIATION OF REVENUE Part XI, Line 2d FINANCIAL AID (22,680,843) PART XI, LINE 4B INVESTMENT EXPENSES 114,519 RECONCILIATION OF EXPENSES Part XII, Line 4b FINANCIAL AID 22,680,843 CHANGES IN POST RETIREMENT BENEFITS 4,733,896 SABBATICAL LEAVE LIABILITY CHANGES 74,051 INVESTMENT MANAGEMENT FEES 615,648 ---------- TOTAL 28,104,438 true true true true true true true false false false false false false false false true false true EXPLANATION OF NONDISCRIMNATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE ST. JOHN'S COLLEGE NONDISCRIMINATION POLICY CAN BE FOUND IN BOTH ITS RECRUITMENT MATERIALS AND IN ITS STUDENT HANDBOOK. THE HANDBOOK IS DISTRIBUTED TO STUDENTS AS PART OF THE REGISTRATION PROCESS. EXPLANATION OF GOVERNMENTAL FINANCIAL ASSISTANCE SCHEDULE E, Part I, Line 6a THE COLLEGE RECEIVES FUNDING FROM THE FOLLOWING SOURCES: PELL, COLLEGE WORK STUDY, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, GUARANTEED STUDENT LOAN, THE STATE OF MARYLAND, AND THE STATE OF NEW MEXICO. ALL ASSISTANCE IS PROVIDED TO STUDENTS BASED ON FINANCIAL NEED. true Central America and the Caribbean Investments 18204144 Central America and the Caribbean Grantmaking 40800 East Asia and the Pacific Grantmaking 1951251 Europe (Including Iceland and Greenland) Grantmaking 595506 North America Grantmaking 26365 South America Grantmaking 88820 South Asia Grantmaking 624971 Sub-Saharan Africa Grantmaking 317514 21849371 21849371 Scholarships & Assistance Central America and the Caribbean 1 40800 Other Scholarships & Assistance East Asia and the Pacific 64 1951251 Other Scholarships & Assistance Europe (Including Iceland and Greenland) 14 595506 Other Scholarships & Assistance North America 2 26365 Other Scholarships & Assistance South America 3 88820 Other Scholarships & Assistance South Asia 15 624971 Other Scholarships & Assistance Sub-Saharan Africa 8 317514 Other true false false false true false PROCEDURE FOR MONITORING GRANTS TO INTERNATIONAL STUDENTS SCHEDULE F, PART I, LINE 2 THE COLLEGE MONITORS THE USE OF GRANT FUNDS TO INTERNATIONAL STUDENTS IN THE FINANCIAL AID OFFICE. PERSONNEL REVIEW STUDENT NEED ON A YEARLY BASIS AND AWARD GRANTS BASED ON NEED AND ELIGIBILITY. In Vino Veritas 73000 29221 43779 19441 24507 Mitchell Gall 21671 3129 18542 6333 8808 0 94671 32350 62321 25774 33315 59089 3232 true MD State Scholarship 26 88328 COST Supplemental Educational Opportunity Grants 179 285295 COST Federal Pell Grant Program 219 988583 COST SJC Grants (Undergraduate) 701 16700166 COST SJC Endowed GI Grants 19 165002 COST SJC Grants (Graduate) 94 798741 COST New Mexico Grants 5 9501 COST PROCEDURE FOR MONITORING GRANTS IN THE US SCHEDULE I, PART I, LINE 2 THE COLLEGE MONITORS THE USE OF GRANT FUNDS IN THE FINANCIAL AID OFFICE. PERSONNEL REVIEW STUDENT NEED ON A YEARLY BASIS AND AWARD GRANTS BASED ON NEED AND ELIGIBILITY. X X true true X X X X false false false false false false false false false Pamela Kraus Dean - ANNAPOLIS 147508 0 0 0 0 0 20138 0 10962 0 178608 0 0 0 Christopher Nelson President - ANNAPOLIS 277752 0 0 0 12361 0 17550 0 150321 0 457984 0 0 0 Michael Peters President - SANTA FE 257188 0 0 0 0 0 40500 0 64504 0 362192 0 0 0 Barbara Goyette Vice President - ANNAPOLIS 140424 0 0 0 7211 0 18000 0 17755 0 183390 0 0 0 Victoria Mora Vice President - SANTA FE 137873 0 0 0 0 0 3725 0 18394 0 159992 0 0 0 Bryan Valentine Treasurer - SANTA FE 144052 0 0 0 0 0 22992 0 6135 0 173179 0 0 0 David Carl DIRECTOR OF G.I. 143165 0 0 0 0 0 17496 0 13799 0 174460 0 0 0 David Townsend Tutor 94233 0 0 0 21245 0 13388 0 24706 0 153572 0 0 0 Jeff Black DIRECTOR OF GRAD INSTITUTE 112884 0 0 0 0 0 14502 0 22906 0 150292 0 0 0 HOUSING ALLOWANCE AND PERSONAL SERVICES Part I, Line 1a THE PRESIDENTS OF THE ANNAPOLIS (CHRISTOPHER NELSON) AND SANTA FE CAMPUS (MICHAEL PETERS) ARE PROVIDED WITH HOUSING FOR THE CONVENIENCE OF THE COLLEGE AND IS A CONDITION OF EMPLOYMENT (PER EMPLOYMENT CONTRACT) THAT THE PRESIDENT RESIDE IN THE HOUSE PROVIDED. THE PRESIDENTS' HOMES ARE USED FOR MANY COLLEGE ACTIVITIES INCLUDING HOSTING EVENTS FOR STUDENTS, FACULTY, AND COLLEGE SUPPORTERS. THE CALCULATED NONTAXABLE BENEFIT RECEIVED BY EACH PRESIDENT FOR THE PERSONAL USE OF THE HOUSING AMOUNTED TO $128,843 AND $50,705 FOR ANNAPOLIS AND SANTA FE, RESPECTIVELY. IN ADDITION, PERSONAL SERVICES SUCH AS LANDSCAPER AND MAIDS ARE PROVIDED TO MAINTAIN THE UPKEEP ON THE RESIDENCE. A CITY OF ANNAPOLIS MARYLAND SERIES 2007 A&B 526000764 035779CN5 2007-06-08 13689584 REFUNDED A PORTION SERIES 1998 BON false false B CITY OF SANTA FE NEW MEXICO SERIES 2011 856000168 2011-07-21 8310000 CONSTRUCTION OF NEW DORMITORY FAC false false A 13689584 0 0 526850 0 0 265780 0 0 8171693 4725261 0 2008 false true true true B 0 0 8310000 739653 0 0 166200 0 0 7404147 0 0 2012 false false false true A false false false false 0 false false false false B false false false false 0 false false false false A false false false true false false 0 false 0 false false B false true false false false 0 false 0 false false A false B false BOND ISSUES (A) ISSUER NAME: CITY OF ANNAPOLIS, MARYLAND SERIES 2007 A&B (F) DESCRIPTION OF PURPOSE: REFUND PORTION OF 1998 BONDS; PROVIDE FUNDS FOR NEW HEATING SYSTEM (A) ISSUER NAME: CITY OF SANTA FE, NEW MEXICO SERIES 2011 (F) DESCRIPTION OF PURPOSE: CONSTRUCTION OF NEW DORMITORY FACILITIES ON THE SANTA FE, NEW MEXICO CAMPUS NO REBATE DUE THE REBATE COMPUTATION FOR THE BONDS WAS PERFORMED ON THE FOLLOWING DATES: CITY OF ANNAPOLIS MARYLAND SERIES 2007 A&B: 6/07/2013 CITY OF SANTA FE NEW MEXICO SERIES 2011: 7/31/2013 WRITTEN POLICIES ARE IN THE PROCESS OF BEING COMPLETED AND WILL BE IMPLEMENTED BEFORE FILING THE NEXT 990. Bronte Jones Frm Officer HOME LOAN X 150000 76046 false true true 76046 Joseph Smolskis Officer 8730 Grant Dependent Tuition Victoria Mora Officer 17746 Grant Dependent Tuition X 25 3226798 Avg of high/low false true false REVIEW PROCESS FOR FORM 990 Form 990, Part VI, SECTION B, Line 11 A COPY OF THE COMPLETED FULL FORM 990 IS FURNISHED TO THE AUDIT AND COMPLIANCE COMMITTEE OF THE BOARD. THE COMMITTEE WILL CONDUCT A REVIEW OF THE 990. UPON DISCUSSION AND REVIEW, THE COMMITTEE WILL MOTION AND APPROVE THE ACCEPTANCE OF THE FORM 990 AND POST A COPY OF THE COMPLETED 990 (EXCLUDING SCHEDULE B) ON A SECURE PORTAL FOR FULL BOARD REVIEW. THE AUDIT AND COMPLIANCE COMMITIEE WILL ALSO GRANT THE ANNAPOLIS CAMPUS TREASURER PERMISSION TO PROCEED WITH SIGNING AND FILING THE FORM 990. ENFORCEMENT OF CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MONITORED AND COMPLIANCE IS ENFORCED THROUGH A YEARLY STATEMENT ALONG WITH THE COLLEGE'S POLICY BEING DISTRIBUTED TO ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES FOR REVIEW AND SIGNATURE. THE SIGNED STATEMENTS ARE RETURNED TO THE PRESIDENT OF THE ANNAPOLIS CAMPUS FOR REVIEW AND FOLLOW-UP. ANY POTENTIAL CONFLICTS ARE DISCUSSED BETWEEN THE PARTIES AND A RESOLUTION IS MADE TO RESOLVE THE CONFLICT. EXECUTIVE COMPENSATION POLICIES FORM 990, PART VI, SECTION B, LINE 15 WITH RESPECT TO THE COMPENSATION OF THE DEANS, VICE PRESIDENTS AND TREASURERS, THE PRESIDENTS CONSULTED WITH AN INDEPENDENT CONSULTING FIRM WHICH SPECIALIZES IN PROVIDING EXECUTIVE COMPENSATION ADVICE TO COLLEGES AND UNIVERSITIES. ONE OF THE PRIMARY PURPOSES OF ENGAGING AN OUTSIDE FIRM WAS TO ASSURE COMPLIANCE WITH IRS REGULATORY REQUIREMENTS REGARDING THE REASONABLENESS OF EXECUTIVE COMPENSATION IN 501(c)(3) ORGANIZATIONS. THE EXECUTIVE COMMITTEE HAS ESTABLISHED WHAT IS KNOWN AS A REBUTTABLE PRESUMPTION OF THE REASONABLENESS OF COMPENSATION BY SATISFYING THREE REGULATORY REQUIREMENTS: (1) COMPENSATION RECOMMENDATIONS HAVE BEEN DEVELOPED BY AN INDEPENDENT COMMITTEE OF THE BOARD, (2) APPROPRIATE COMPARABILITY DATA HAS BEEN USED (PROVIDED BY THE CONSULTANT BASED ON ITS SURVEY), AND (3) THE PROCESS HAS BEEN ADEQUATELY DOCUMENTED THROUGH THE MINUTES OF THE EXECUTIVE COMMITTEE. THAT COMMITTEE CONSIDERS THE RECOMMENDATIONS OF THE PRESIDENTS RELATIVE TO THE VICE-PRESIDENTS AND TREASURERS, AND CONSIDERS THE PROJECTED FORMULA-BASED SALARIES OF THE DEANS, ALL IN LIGHT OF THE EXTERNAL COMPARISONS PROVIDED BY THE CONSULTANT. THE COMMITTEE ALSO CONSIDERS THE BENEFITS PROVIDED TO THE OFFICERS THAT MAKE UP A PART OF THE TOTAL COMPENSATION PACKAGE. THE EXECUTIVE COMMITTEE MAKES THE FINAL DECISIONS AS TO EACH INDIVIDUAL'S COMPENSATION. AS FOR THE RECOMMENDATIONS RELATIVE TO THE PRESIDENTS, THOSE SALARIES AND BENEFITS ARE REVIEWED BY THE EXECUTIVE COMMITTEE IN THE ABSENCE OF THE PRESIDENTS AND AFTER RECEIVING REPORTS FROM THE BOARD CHAIR CONCERNING THE PERFORMANCE OF THE PRESIDENTS UPON REVIEW BY THE PRESIDENTIAL REVIEW COMMITTEE. THE EXECUTIVE COMMITTEE REVIEWS THE SAME DATA AND COMPARISONS PROVIDED BY THE CONSULTANT FOR THE OTHER OFFICERS. THE EXECUTIVE COMMITTEE MAKES ITS RECOMMENDATION TO THE FULL BOARD, ACTING IN EXECUTIVE SESSION, WHICH ACTS AFTER GETTING THE FULL REPORT FROM THE COMMITTEE. AVAILABILITY OF GOVERNING DOCUMENTS FORM 990, PART VI, SECTION C, LINE 19 FORM 1023, FORM 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. IN ADDITION, THE FORM 990 IS AVAILABLE ON GUIDESTAR AND THE CONFLICT OF INTEREST POLICY IS PUBLISHED ANNUALLY IN THE STAFF HANDBOOK. OTHER CHANGES IN NET ASSETS OR FUND BALANCES FORM 990, PART XI, LINE 9 CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 110,879 Charitable Remainder Unitrusts (3) Investment MD NA Trust false Charitable remainder Unitrusts (3) Investment NM NA Trust false