2016-05-10T11:36:24-05:00 2015-06-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 777 E WISCONSIN AVENUE 32ND FLOOR MILWAUKEE WI 53202 990 2014-07-01 231353385 SUSQUEHANNA UNIVERSITY SUSQ 5703724128 514 UNIVERSITY AVENUE SELINSGROVE PA 178701164 MICHAEL A COYNE VP FOR FIN & ADMIN 5703724128 2016-04-23 1 TROY E MARINE CPA P00187863 4147775500 2016-04-23 2014 2016-08-17 19:52:53Z L JAY LEMONS 514 UNIVERSITY AVENUE SELINSGROVE PA 178701164 118836992 0 X WWW.SUSQU.EDU X 1859 PA SUSQUEHANNA UNIVERSITY EDUCATES STUDENTS FOR PRODUCTIVE, CREATIVE AND REFLECTIVE LIVES OF ACHIEVEMENT, LEADERSHIP, AND SERVICE IN A DIVERSE, DYNAMIC AND INTERDEPENDENT WORLD. 38 31 2040 1169 107865 -27212 8960726 11698877 103886928 106976037 45728 54213 1719174 107865 114612556 118836992 41533463 43633186 0 0 39909475 37364988 0 92651 2584037 35076899 36745370 116519837 117836195 -1907281 1000797 340956324 338548593 80217058 76040314 260739266 262508279 SUSQUEHANNA UNIVERSITY EDUCATES STUDENTS FOR PRODUCTIVE, CREATIVE AND REFLECTIVE LIVES OF ACHIEVEMENT, LEADERSHIP, AND SERVICE IN A DIVERSE, DYNAMIC AND INTERDEPENDENT WORLD. 0 0 108802754 43633186 106976037 PROVIDING A COMPREHENSIVE POST-SECONDARY EDUCATIONAL EXPERIENCE TO 2,035 (FTE) STUDENTS. 108802754 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 1 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 1 1 1 1 1 0 0 0 0 1 0 0 0 1 227 0 1 2040 1 1 1 0 0 0 0 0 0 0 0 0 X 38 31 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CO MD MA NH NY OH PA MI MN X X MICHAEL A COYNE 5703724128 514 UNIVERSITY AVE SELINSGROVE PA 178701164 ALAN BENNETT TRUSTEE 1.00 X 0 0 0 BARRY JACKSON TRUSTEE 1.00 X 0 0 0 BONNIE BUCKS REECE TRUSTEE 1.00 X 0 0 0 BRUCE FICKEN TRUSTEE 1.00 X 0 0 0 DAVID STEINAU TRUSTEE & ASSOC PROFESSOR OF MUSIC 1.00 X 73210 0 11679 DAWN MUELLER TRUSTEE 1.00 X X 0 0 0 DOUGLAS KNISS TRUSTEE 1.00 X 0 0 0 EDWARD SCHMIDT TRUSTEE 1.00 X 0 0 0 FRANK LEBER TRUSTEE 1.00 X 0 0 0 FRANK TREMBULAK TRUSTEE 1.00 X X 0 0 0 GEORGE LIBEROPOULOS TRUSTEE 1.00 X 0 0 0 HAROLD O'CONNOR TRUSTEE 1.00 X 0 0 0 JACK OHLE TRUSTEE 1.00 X 0 0 0 JAMES STOWE TRUSTEE 1.00 X 0 0 0 JAMES SUMMERS TRUSTEE 1.00 X 0 0 0 JEFFREY ROUSH TRUSTEE 1.00 X 0 0 0 JOHN CARPENTER TRUSTEE 1.00 X X 0 0 0 JOHN REHM TRUSTEE 1.00 X 0 0 0 JOHN STRANGFELD TRUSTEE 1.00 X X 0 0 0 JOSEPH PALCHAK TRUSTEE 1.00 X 0 0 0 KATHI FLACK TRUSTEE 1.00 X 0 0 0 KELLY JOCKWER TRUSTEE 1.00 X 0 0 0 LINDA FETTEROLF TRUSTEE 1.00 X 0 0 0 LOIS MARTIN TRUSTEE 1.00 X 0 0 0 MARTIN ORTENZIO TRUSTEE 1.00 X 0 0 0 MARTIN PINTER TRUSTEE 1.00 X 0 0 0 MARY CIANNI TRUSTEE 1.00 X 0 0 0 MATTHEW ROUSU TRUSTEE & PROFESSOR OF ECONOMICS 1.00 X 106186 0 19746 PETER NUNN TRUSTEE 1.00 X X 0 0 0 ROBERT BUCKFELDER TRUSTEE 1.00 X 0 0 0 ROBERT GRONLUND TRUSTEE 1.00 X 0 0 0 SALVATORE FAZZOLARI TRUSTEE 1.00 X 0 0 0 SANDRA ROCKS TRUSTEE 1.00 X 0 0 0 SEWARD PROSSER MELLON TRUSTEE 1.00 X 0 0 0 SHAWN BERKEBILE TRUSTEE 1.00 X 0 0 0 SIDNEY APFELBAUM TRUSTEE 1.00 X 0 0 0 SIGNE GATES TRUSTEE 1.00 X X 0 0 0 WILLIAM LEWIS TRUSTEE 1.00 X 0 0 0 WILLIAM SORDONI TRUSTEE 1.00 X 0 0 0 LARRY JAY LEMONS PRESIDENT 55.00 X 522654 0 89395 LINDA MCMILLIN PROVOST & DEAN OF FACULTY 55.00 X 224892 0 38763 MICHAEL COYNE VP FINANCE & ADMINISTRATION 55.00 0.10 X 277497 0 47511 LISA SCOTT VP FOR STUDENT ENGAGE/SUCCESS 55.00 X 148553 0 15446 MADELEINE RHYNEER VP FOR ENROLLMENT & MARKETING 55.00 X 169611 0 23748 MARSHA KELLIHER DEAN SCHOOL OF BUSINESS/PROF. 55.00 X 183438 0 21974 RONALD COHEN VP UNIVERSITY RELATIONS 55.00 0.10 X 171278 0 26851 VALERIE MARTIN ASSOC PROVOST/DEAN OF A&S 55.00 X 152964 0 14787 CARL MOSES FORMER PROVOST 40.00 X 133443 0 24017 SARA KIRKLAND FORMER EXEC VP FOR PLANNING 20.00 X 97711 0 13369 ALICIA JACKSON FORMER DEAN SCHOOL OF BUSINESS 40.00 X 121222 0 16458 PHILIP WINGER VP CHIEF OF STAFF 40.00 X 130542 0 23748 2513201 0 387492 35 1 1 0 BUDDY L DORMAN JR PO BOX 237 HUMMELS WHARF PA 17831 CLEANING SERVICES 383680 SAUL EWING LLP CENTRE SQUARE W 1500 MARKET ST PHILADELPHIA PA 191022186 LEGAL SERVICES 175100 2 1331159 10367718 1227181 11698877 TUITION, ROOM & BOARD 900099 104967008 104967008 RELATED PROGRAMMING 812900 2009029 2009029 106976037 54213 54213 OTHER 812900 107865 107865 107865 118836992 106976037 107865 54213 188938 188938 43435991 43435991 8257 8257 1168887 263659 905228 26739300 23381110 1933151 1425039 1870023 1604413 150481 115129 5748662 5375459 140962 232241 1838116 1577834 162384 97898 157997 157997 88280 88280 92651 92651 352000 352000 2419865 2076435 311089 32341 2827392 2248144 410883 168365 957978 22827 935151 3113870 3088951 18738 6181 2270230 2104938 68827 96465 1039247 815777 212119 11351 2693800 2693800 9918538 9918538 216295 216295 FOOD SERVICES 4088892 4088892 OFF CAMPUS STUDY 1649694 1649694 EQUIPMENT/R&M 1238599 1192656 41059 4884 LIBRARY MATERIALS 302220 302220 3410473 2517944 591037 301492 117836195 108802754 6449404 2584037 5385 5882 3795581 6300134 3515783 7554757 1756352 1638731 2501 5369 319025 278063 1281657 1557528 259754251 113832261 147157473 145921990 146104094 136703722 30675997 32131987 2633870 2574213 3708606 3876217 340956324 338548593 8373741 4750204 939995 2439971 63905225 61953754 6998097 6896385 80217058 76040314 X 137103256 136403789 46706922 46852012 76929088 79252478 260739266 262508279 340956324 338548593 X 1000797 -5131352 352000 5547568 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 935732 X X X X 0 151751947 2326390 -121026 2107224 3103610 148746477 133704567 2869235 19861828 1863316 2820367 151751947 121175702 1286200 15471632 1496174 2732793 133704567 117423088 7716481 304960 1441741 2827086 121175702 93009894 2904083 26205050 1499671 3196268 117423088 0.18000 0.82000 0.00000 1 0 5645263 5645263 197890072 82037538 115852534 35572690 22892547 12680143 20646226 8902176 11744050 145921990 REAL ESTATE 13432475 F FUNDS HELD IN TRUST BY OTHERS 4545891 F HEDGE FUNDS 13902033 F PRIVATE EQUITY 251588 F 32131987 ANNUITIES PAYABLE 1854748 FUNDS HELD IN CUSTODY FOR OTHERS 1001225 OTHER 1529937 US GOVERNMENT ADVANCES REFUNDABLE 2375475 FIN47 135000 6896385 X 119253208 -5131352 5547568 416216 118836992 0 118836992 117484195 0 117484195 352000 352000 117836195 PART III, LINE 4: THE MAJORITY OF UNIVERSITY'S ART COLLECTION IS 1,600 FRENCH POSTERS. THESE ARE RESEARCHED AND EXHIBITED BY FRENCH STUDENTS AND FACULTY MEMBERS. THEY ARE ARCHIVED IN A VAULT FOR PRESERVATION. PART V, LINE 4: SU'S ENDOWMENT SUPPORTS THE FOLLOWING AREAS: ACADEMIC & STUDENT SUPPORT (40%), SCHOLARSHIPS (41%), OTHER OPERATIONS & FACILITIES (19%). PART X, LINE 2: THE UNIVERSITY FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE UNIVERSITY FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2015 AND 2014. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURNS FOR THE CURRENT YEAR AS WELL AS FISCAL YEARS 2012 AND THEREAFTER ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: ENDOWMENT INCOME 5,283,398. CHANGE IN SPLIT INTEREST AGREEMENTS 96,845. OTHER NONOPERATING ACTIVITIES 167,325. 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 DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS NATIONWIDE AND INCLUDES A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS IN ALL ITS BROCHURES AND CATALOGUES DEALING WITH STUDENT ADMISSIONS, PROGRAMS, AND SCHOLARSHIPS. SCHEDULE E, PART I, LINE 6 SUSQUEHANNA UNIVERSITY RECEIVES THE FOLLOWING TYPES OF GOVERNMENTAL AID: PELL GRANTS, SEOG GRANTS, WORK STUDY GRANTS, AND PHEAA STATE GRANTS. 1 EUROPE 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM 1756373 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM 573141 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM 39990 SOUTH AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM 127196 NORTH AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM 35 CENTRAL AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM 47011 MIDDLE EAST AND N. AFRICA 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM 29649 CENTRAL AMERICA 0 0 INVESTMENTS 13902033 SOUTH ASIA 0 0 PROGRAM SERVICES STUDY ABROAD PROGRAM 13 0 0 0 0 0 0 16475428 13 16475441 EAST ASIA POVERTY RELIEF 8257 WIRE TRANSFER USED CLOTHING FMV 1 0 1 0 0 0 0 0 PART I, LINE 2: GRANTS AND OTHER ASSISTANCE TO ORGANIZATIONS OUTSIDE THE U.S. IS RELATED TO SERVICE-LEARNING COURSE AND A MISSION TRIP. PARTICIPANTS TRAVEL TO THE PHILIPPINES FOR TWO WEEKS IN THE SPRING WHICH LEADS TO TWO SEMESTER HOURS OF ACADEMIC CREDIT. THE TRIP INCLUDES DISTRIBUTION OF FOOD, SCHOOL SUPPLIES AND OTHER NECESSITIES AND ALSO HELPING TO BUILD HOMES. X X X X X X 1 JOHN GROSSNICKLE AND ASSOCIATES INC 29 SOUTH PARK BLVD GREENWOOD IN 46143 CONSULTING 0 0 92651 0 92651 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY 1 SELINSGROVE BOROUGH ONE N HIGH ST SELINSGROVE PA 17870 236002939 LOCAL GOV'T 107938 GENERAL SUPPORT DAUNTLESS HOSE COMPANY 713 BRIDGE ST SELINSGROVE PA 17870 230510390 501(C)(3) 8000 GENERAL SUPPORT SELINSGROVE AREA SCHOOL DISTRICT 401 18TH ST SELINSGROVE PA 17870 231727728 LOCAL GOV'T 46000 GENERAL SUPPORT RURAL BUSINESS INNOVATION CORP 240 MARKET ST BLOOMSBURG PA 17815 232721618 501(C)(3) 27000 GENERAL SUPPORT 4 0 SCHOLARSHIPS AND FINANCIAL AID 2091 43435991 FMV CREDIT ON STUDENT ACCOUNTS SCHEDULE I, PART I, LINE 1: STUDENTS MAY BE AWARDED GRANT FUNDS ON THE BASIS OF ACADEMIC ACHIEVEMENT AND/OR FINANCIAL NEED. IN EACH CASE THE STUDENT CAN RETAIN ELIGIBILITY FOR FUNDING FOR AS MANY AS EIGHT SEMESTERS AS A FULL-TIME STUDENT, PROVIDED THE STUDENT MEETS THE RENEWAL CRITERIA SUCH AS GRADE POINT AVERAGE AND GRADE PROCESSION AS OUTLINED IN THE UNIVERSITY CATALOGUE. INDIVIDUAL AWARD AMOUNTS ARE BASED UPON THE STUDENTS' COST TO ATTEND THE UNIVERSITY IN A GIVEN ACADEMIC YEAR. FACTORS INCLUDED IN THE CALCULATED COST INCLUDE TUITION, FEES, ROOM, BOARD, AND ESTIMATES FOR THE COSTS OF BOOKS AND PERSONAL EXPENSES DURING THE NINE MONTH ACADEMIC YEAR. AN INDIVIDUAL STUDENT MAY NOT RECEIVE MORE THAN THE COST OF TUITION FROM THE INSTITUTIONAL GRANT FUNDS. X X X X X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 LARRY JAY LEMONS PRESIDENT 339611 0 0 0 183043 0 43500 0 45895 0 612049 0 0 0 LINDA MCMILLIN PROVOST & DEAN OF FACULTY 200524 0 0 0 24368 0 37800 0 963 0 263655 0 0 0 MICHAEL COYNE VP FINANCE & ADMINISTRATION 186948 0 0 0 90549 0 36764 0 10747 0 325008 0 0 0 LISA SCOTT VP FOR STUDENT ENGAGE/SUCCESS 133468 0 6500 0 8585 0 14439 0 1007 0 163999 0 0 0 MADELEINE RHYNEER VP FOR ENROLLMENT & MARKETING 154138 0 2500 0 12973 0 16617 0 7131 0 193359 0 0 0 MARSHA KELLIHER DEAN SCHOOL OF BUSINESS/PROF. 166331 0 7500 0 9607 0 17400 0 4574 0 205412 0 0 0 RONALD COHEN VP UNIVERSITY RELATIONS 145289 0 7000 0 18989 0 16197 0 10654 0 198129 0 0 0 VALERIE MARTIN ASSOC PROVOST/DEAN OF A&S 122000 0 7500 0 23464 0 14017 0 770 0 167751 0 0 0 CARL MOSES FORMER PROVOST 125019 0 0 0 8424 0 13775 0 10242 0 157460 0 0 0 ALICIA JACKSON FORMER DEAN SCHOOL OF BUSINESS 113879 0 0 0 7343 0 0 0 0 0 121222 0 0 0 PHILIP WINGER VP CHIEF OF STAFF 123003 0 0 0 7539 0 13047 0 10701 0 154290 0 0 0 PART I, LINE 1A FIRST CLASS TRAVEL - UNDER SPECIAL AND VERY LIMITED CIRCUMSTANCES FIRST CLASS TRAVEL IS PERMITTED FOR KEY EMPLOYEES AND OCCURRED TWICE DURING THE REPORTING PERIOD. TRAVEL FOR COMPANIONS - THE PRESIDENT'S SPOUSE ACCOMPANIED HIM TO FIVE EVENTS ON BEHALF OF UNIVERSITY BUSINESS. TAX INDEMNIFICATIONS AND GROSS-UP PAYMENTS - THE UNIVERSITY GROSSES UP CERTAIN PAYMENTS TO KEY EMPLOYEES TO COVER TAXES. DISCRETIONARY SPENDING ACCOUNT - THE PRESIDENT HAS A RESTRICTED ACCOUNT USED FOR INSTITUTIONAL SPENDING ONLY HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE - THE PRESIDENT IS REQUIRED TO OCCUPY, WITH HIS FAMILY, A UNIVERSITY-OWNED AND MAINTAINED RESIDENCE. THE UNIVERSITY'S MAINTENANCE AND FACILITIES DEPARTMENTS PROVIDE THE NECESSARY LANDSCAPING, CLEANING, AND OTHER MAINTENANCE. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES - THE UNIVERSITY MAINTAINS FOR THE PRESIDENT A MEMBERSHIP TO ONE CLUB FOR BUSINESS PURPOSES; THE TOTAL COST OF DUES WAS $829. PERSONAL SERVICES - A HOUSEKEEPER IS EMPLOYED BY THE UNIVERSITY TO MAINTAIN THE PRESIDENT'S RESIDENCE AND AN OCCASIONAL DRIVER IS HIRED FOR AIRPORT TRAVEL SO THE PRESIDENT CAN WORK IN TRANSIT. A SNYDER COUNTY HIGHER EDUCATION AUTHORITY 232736780 833453CZ4 2006-03-22 31779663 PARTIAL BOND REFUND AND RESIDENCE HOUSING 0 0 0 B SNYDER COUNTY HIGHER EDUCATION AUTHORITY 232736780 833453DR1 2008-09-25 29990252 RESIDENCE HALL AND ACADEMIC BUILDING 0 0 0 C SNYDER COUNTY HIGHER EDUCATION AUTHORITY 232736780 NONEAVAIL 2009-07-23 6492500 REFUND SCHEA 1998 BONDS 0 0 0 A 31779663 529129 19005534 2008 1 0 1 1 B 29990252 301595 29688657 2010 0 0 1 1 C 6492500 90731 2010 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 C 0 0 1 0 1 0 0 0 1 A 1 B 1 C 1 SUBJECT TO FERPA LAWS FERPA LAWS 130560 MERIT BASED SCHOLARSHIPS SUBJECT TO FERPA LAWS FERPA LAWS 21700 NEED BASED SCHOLARSHIPS FRANK TREMBULAK TRUSTEE 221409 MEDICAL SERVICES: FRANK TREMBULAK, TRUSTEE, IS THE EXECUTIVE VICE PRESIDENT AND COO OF GEISINGER HEALTH SYSTEM. THE UNIVERSITY MAINTAINS A RELATIONSHIP WITH GEISINGER HEALTH SYSTEM FOR MEDICAL SERVICES. MR. TREMBULAK RECEIVED NO PERSONAL BENEFIT AS A RESULT OF THIS RELATIONSHIP BETWEEN THE UNIVERSITY AND GEISINGER HEALTH SYSTEM. 0 JOHN STRANGFELD TRUSTEE 217697 INVESTMENT MGMT FEES: JOHN STRANGFELD, CHAIRMAN OF THE UNIVERSITY'S BOARD, IS CEO AND CHAIRMAN OF PRUDENTIAL FINANCIAL. THE UNIVERSITY MAINTAINS AN INVESTMENT MANAGEMENT RELATIONSHIP WITH PRUDENTIAL PURSUANT TO WHICH PRUDENTIAL WAS PAID INVESTMENT MANAGEMENT FEES. MR. STRANGFELD RECEIVED NO PERSONAL BENEFIT AS A RESULT OF THE BUSINESS RELATIONSHIP BETWEEN THE UNIVERSITY AND PRUDENTIAL. 0 JEFFREY WHITMAN SPOUSE OF KEY EMPLOYEE 74971 EMPLOYMENT - JEFFREY WHITMAN, AN EMPLOYEE OF SUSQUEHANNA UNIVERSITY, IS THE SPOUSE OF LINDA MCMILLIN, A KEY EMPLOYEE. HIS WAGES FOR EMPLOYMENT TOTALED $74,971 FOR THE REPORTING PERIOD. 0 SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: THE RELATIONSHIPS IDENTIFIED ABOVE WERE DISCLOSED TO THE BOARD AND IN THE FINANCIAL STATEMENTS. X 654 MARKET VALUE X 28 912509 MARKET VALUE X 1 300000 MARKET VALUE X MUSICAL INSTRUMENTS 3 13518 MARKET VALUE X CAMERA EQUIPMENT 1 500 MARKET VALUE 0 1 1 PART I, LINE 32B: IT IS THE UNIVERSITY'S GENERAL PRACTICE TO LIQUIDATE GIFTS OF PUBLICLY HELD STOCK AS QUICKLY AS POSSIBLE, UNLESS HOLDING THE STOCK IS DETERMINED TO BE IN THE BEST INTEREST OF THE UNIVERSITY BY THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION IN CONSULTATION WITH ONE OF THE UNIVERSITY'S INVESTMENT ADVISORS. THE STOCK IS LIQUIDATED BY THE BROKERAGE FIRM JANNEY MONTGOMERY SCOTT ON 309 N. FIFTH ST., SUNBURY, PA 17801. FORM 990, PART VI, SECTION A, LINE 2 THERE IS A BUSINESS RELATIONSHIP BETWEEN TRUSTEES WILLIAM SORDONI AND FRANK TREMBULAK. FORM 990, PART VI, SECTION B, LINE 11 ALONG WITH A DETAILED REVIEW PERFORMED BY THE AUDIT COMMITTEE A LINK TO A PASSWORD-PROTECTED WEBSITE WAS EMAILED TO THE GOVERNING BODY WHERE THE COMPLETE FORM 990 WAS MADE AVAILABLE FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST QUESTIONNAIRE WAS SENT TO THE GOVERNING BODY AND THE REPLIES WERE REVIEWED IN DETAIL BY THE AUDIT COMMITTEE. THE REVIEW OF THE QUESTIONNAIRES FORMS THE BASIS FOR DISCLOSURE ON THE FORM 990 AND THE AUDITED FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S BOARD HAS ADOPTED A COMPENSATION POLICY (THE "POLICY") FOR COVERED INDIVIDUALS. PURSUANT TO THE POLICY, A COMPENSATION COMMITTEE (A SUBCOMMITTEE OF THE ORGANIZATION'S EXECUTIVE COMMITTEE) OF INDEPENDENT DIRECTORS WAS ESTABLISHED TO REVIEW THE COMPENSATION OF ALL EMPLOYEES SPECIFIED AS HAVING A SUBSTANTIAL INFLUENCE OVER THE ORGANIZATION AND WHO RECEIVE REMUNERATION FROM THE ORGANIZATION, INCLUDING, AMONG OTHERS, THE PRESIDENT, PROVOST AND DEAN OF THE FACULTY, AND VICE PRESIDENT FOR FINANCE AND ADMINISTRATION. THE COMPENSATION COMMITTEE IS ADVISED BY AN INDEPENDENT COMPENSATION CONSULTANT, WHICH OPINES TO THE COMPENSATION COMMITTEE THAT THE LEVEL OF COMPENSATION PAID AND THE PROCESS BY WHICH COMPENSATION IS ESTABLISHED MEET APPLICABLE IRS REASONABLENESS AND "SAFE HARBOR" STANDARDS. THE OUTSIDE COMPENSATION CONSULTANT PROVIDES DATA OF COMPENSATION PROVIDED AT SIMILAR ORGANIZATIONS TO ENSURE THAT THE UNIVERSITY DOES NOT COMPENSATE IN EXCESS OF MARKET NORMS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY POSTING THESE DOCUMENTS ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XI, LINE 9: ENDOWMENT INCOME 5,283,398. CHANGE IN SPLIT INTEREST 96,845. OTHER NONOPERATING ACTIVITIES 167,325. SUSQUEHANNA UNIVERSITY & ORTENZIO CHARITABLE TRUST 514 UNIVERSITY AVE SELINSGROVE PA 17870 806155309 SUPPORTS SUSQUEHANNA UNIVERSITY PA 501(C)(3) LINE 11A, I SUSQUEHANNA UNIVERSITY 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SUSQUEHANNA UNIVERSITY & ORTENZIO CHARITABLE TRUST C 53000 CASH