2016-05-12T13:43:24-07:00 2015-06-30 911194016 Clark Nuber PS 10900 NE 4th Street Suite 1700 Bellevue WA 98004 990 2014-07-01 910565006 SEATTLE UNIVERSITY SEAT 2062966150 901 12th Avenue Seattle WA 981221090 Constance Kanter VP Finance & Business Affairs/CFO 2062966150 2016-05-12 1 Sara Elizabeth J Hyre P00235495 4254544919 2016-05-12 2014 2016-08-17 19:52:53Z Stephen V Sundborg SJ President 901 12th Avenue Seattle WA 981221090 360023982 0 X www.seattleu.edu X 1891 WA Seattle University, an institution of higher education, is dedicated to educating the whole person, to professional formation, and to empowering leaders for a just and humane world. (Continued on Schedule O. Statement 1) 30 29 4216 40 397425 0 44574763 40326490 254413279 262538886 8223752 3252385 425340 -349096 307637134 305768665 66378989 69534891 0 0 136674868 137537883 40000 0 4182738 72938826 75887521 276032683 282960295 31604451 22808370 648153098 665217568 177032446 177267218 471120652 487950350 Seattle University is dedicated to educating the whole person, to professional formation, and to empower leaders for a just and humane world. 0 0 239831396 69534891 262538886 Seattle University, founded in 1891, is a Jesuit Catholic university and law school located on 50 acres in Seattle's Capitol Hill neighborhood. In the academic year 2014-15, the University enrolled 7,405 students and awarded 1,181 bachelor's degrees or equivalents, 89 post-baccalaureates, 711 master's degrees, 32 post-master's certificates, and 289 professional degrees. Awards and high rankings for academic rigor, sustainability, community service and social justice are among Seattle University's touchstones of excellence. Here's a look at many of the honors bestowed on the university. Seattle University is one of the top universities in the West, according to U.S. News & World Report: Best Colleges 2016. The university ranks sixth for its full range of undergraduate, Master's and select doctoral degree programs. The university consistently has held a spot in the West's top 10 for more than a dozen years. Among U.S. News specialty rankings, the Albers School of Business and Economics ranks #11 for finance, the top program of its kind in the Northwest, and #13 for accounting. Overall, Albers is tied for #36 among private business schools in the nation. The College of Science and Engineering ranked #33 among all engineering schools in the U.S. that offer a bachelor's or master's degree. Seattle University School of Law has the #1 legal writing program in the nation. The clinical program is #20 and the part-time program #23 in the U.S. Additionally, the School of Law is among the most diverse in the country. The Albers School of Business and Economics Leadership Executive MBA and graduate accounting programs are #1 in the Northwest. Nationally, the Executive MBA is #18 and the graduate Accounting specialization ranks #15 among the top programs of its kind. The part-time Professional MBA program is #2 in the Northwest and #61 in the U.S. Hip, straightforward and consulted by millions of future students and their families, this selective guide considered 2,200 four-year colleges in the U.S., Canada and Great Britain before choosing just 300 institutions-the top 14%-to be included and Seattle University is among them. The guide is compiled by former New York Times education editor Edward Fiske, a leading independent voice in college admissions. Colleges of Distinction, a college guide that takes into account the success of graduates, the quality of teaching, graduation rates, class size and campus atmosphere, features Seattle University in its latest edition. High school college counselors nominate colleges and universities for inclusion in the national guide. Fewer than half of those considered are selected to be in the guide. Catholic Colleges of Distinction also showcases Seattle University among those schools that excel at four distinctions: engaged students, great teaching, vibrant communities and successful outcomes. College Factual ranks Seattle University 15th in the nation for successfully delivering an education in liberal arts/science and humanities with graduates among the top earners in the U.S. Starting wages rival those of new graduates from elite Ivy League schools, according to College Factual, which challenges the status quo to help prospective students make better decisions about college. Seattle University ranked #1 among private universities nationwide for increasing graduation rates and closing gaps between Hispanic and Caucasian students. The report came from The Education Trust, which also ranked Seattle University #2 for increasing the overall graduation rate of Hispanic students by 31.7 percent during a six-year period (2004-10). Seattle University is the only private school in Washington State among the top 25 with increased Hispanic graduation rates and the only Jesuit school in the nation to make the list. The National Science Foundation Graduate Research Fellowship, prestigious multi-year funding program, supports graduate-level researchers in the physical and social sciences. Nine Seattle University students have been selected in the past decade. In 2012, the White House honored Seattle University with the Presidential Award for community service, the highest recognition by the federal government to a college or university for its civic engagement, service learning and volunteerism. The university was one of only five universities in the nation to receive this honor and the only university cited as a Promise Neighborhoods recipient for coordinated, wrap-around, youth-focused service that supports the educational and social needs of children. A Seattle Times editorial called out the award and noted, "Seattle University serves as a national example of the difference higher education can make on its neighbors." Then-again in 2013-Seattle University set a precedent by earning national recognition for the second consecutive year, making the President's Higher Education Community Service Honor Roll with distinction. The accolade acknowledges the university's overall commitment to service as well as its significant work to implement the Seattle University Youth Initiative, which unites the university and wider community in a long-term commitment to build a better future for young people starting with pre-kindergarten and continuing through college. In 2014, Seattle University once again was honored by the President's Higher Education Community Service Honor Roll in the following areas: Interfaith community service - one of four finalists for the top award in this category; general community service - honor roll with distinction; education - honor roll; and economic opportunity - honor roll. Among master's universities, Seattle University ranks #3 in the nation for the number of staff supporting community service, the number of academic courses that incorporate service as well as scholarships for community service, according to Washington Monthly September/October 2015 edition. Washington Monthly also included Seattle University in its top 10 based on the number of alumni who go on to serve in the Peace Corps, relative to school size. For the third consecutive year, Seattle University ranks among the top 10 small schools in the nation to produce Peace Corps volunteers. With 15 alumni currently serving in the Peace Corps worldwide in 2014, SU tied for sixth. A total of 357 SU alumni have served since the Peace Corps began in 1961. Four out of five Seattle University undergraduate students serve the community through volunteer activities, internships and professional development. In all, students contribute more than 132,000 hours of volunteer service annually, with an economic value of more than $3.6 million. Eighty percent of Seattle U undergraduates take a course with a service-learning component at some point during their time at the university. Seattle University's students, faculty and staff volunteer at more than three times the national average. A major focus of service is the Seattle University Youth Initiative, a pipeline of support for the success of young people starting in pre-kindergarten and continuing through college. The initiative's first effort is its long-term commitment to improving the academic achievement of low-income youth in the Bailey Gatzert neighborhood just south of campus. 0 0 0 239831396 1 1 0 1 0 0 0 1 1 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 1 0 0 0 1 9692 0 1 4216 1 1 1 0 0 0 0 1 1 0 0 0 0 X 30 29 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 WA X Andrew O'Boyle 2062966150 901 12th Avenue Seattle WA 981221090 X Mohamed Alabbar Trustee 0.5 0 X 0 0 0 Rodney A Bench Trustee 0.5 0 X 0 0 0 Maureen Benoliel Trustee 0.5 0 X 0 0 0 Robert H Blais Trustee 0 0.5 X 0 0 0 Ann Blume Trustee 0 0.5 X 0 0 0 Mark G Bosco SJ Trustee 0.5 0 X 0 0 0 David W Burcham Trustee 0.5 0 X 0 0 0 Peter W Chiarelli Trustee 0.5 0 X 0 0 0 Allan C Golston Trustee 0.5 0 X 0 0 0 Donald J Horowitz Trustee 0.5 0 X 0 0 0 Patrick M Kelly SJ Trustee, Assoc Prof Arts and Sciences 37.5 0 X 63924 0 0 Thomas M Lucas SJ Trustee, Prof Arts and Sciences 37.5 0 X 48384 0 0 Michael C McCarthy SJ Trustee 0.5 0 X 0 0 0 Thomas Neitzke SJ Trustee 0.5 0 X 0 0 0 Carol K Nelson Trustee 0.5 0 X 0 0 0 Killian Noe Trustee 0.5 0 X 0 0 0 William A Owens Trustee 0.5 0 X 0 0 0 Nicole W Piasecki Trustee, Vice Chair of the Board 0.5 0 X 0 0 0 Robert A Ratliffe Trustee, Chair of the Board 0.5 0 X 0 0 0 Scott Redman Trustee 0.5 0 X 0 0 0 Pete J Rose Trustee 0.5 0 X 0 0 0 David Sabey Trustee 0.5 0 X 0 0 0 Stevens U Trainer Trustee 0.5 0 X 0 0 0 Jennifer Turpin Trustee 0.5 0 X 0 0 0 John H Vassall II Trustee 0.5 0 X 0 0 0 Jill A Wakefield Trustee 0.5 0 X 0 0 0 Eric Watson SJ Trustee, Assist Prof Science and Engineering 37.5 0 X 64955 0 0 Betty Woods Trustee 0.5 0 X 0 0 0 Jeffrey J Wright Trustee 0.5 0 X 0 0 0 Thomas Ellison Trustee 37.5 0 X 0 0 0 Craig Jelinek Trustee 37.5 0 X 0 0 0 Maureen Lee Trustee 37.5 0 X 0 0 0 Stephen V Sundborg SJ Trustee (ex officio), President 37.5 0 X 406100 0 0 Isiaah Crawford Provost 37.5 0 X 304740 0 36413 Marilyn Ann Crone VP for Enrollment Mgt 37.5 0 X 207919 0 26975 Robert J Dullea VP Planning and Vice Prov 37.5 0 X 187247 0 78142 Gerald V Huffman VP Human Res and Univ Serv 37.5 0.5 X 162940 0 24599 Constance R Kanter CFO/VP for Fin and Business Affairs 37.5 0 X 237826 0 38174 Timothy P Leary Executive Vice President 37.5 0 X 243593 0 69110 Michele C Murray VP of Student Dev 37.5 0 X 179341 0 23784 Mary S Petersen VP and University Counsel 37.5 0 X 227252 0 36779 Michael W Podlin VP University Advancement 37.5 0 X 223904 0 28592 Scott K McClellan VP, Communications 37.5 0 X 177477 0 31925 Peter B Ely SJ VP for Mission and Ministry 37.5 0 X 144874 0 0 Annette E Clark Dean 37.5 0 X 311747 0 31899 Joseph M Phillips Jr Dean 37.5 0 X 249036 0 39176 David V Powers Dean 37.5 0 X 188670 0 33020 Michael Jay Quinn Dean 37.5 0 X 185436 0 32576 Deanna J Sands Dean 37.5 0 X 195827 0 19950 Robert S Chang Professor 37.5 0 X 211640 0 35305 Cameron Dollar Head Mens Basketball Coach 37.5 0 X 267490 0 13176 Marilyn E Gist Exec Dir Ctr for leader Form 37.5 0 X 236422 0 25140 Charles O'Kelley Rt Professor 37.5 0 X 310365 0 32027 David Michael Skover Professor 37.5 0 X 214854 0 27613 Mary Kay McFadden VP for University Advancement 0 0 X 268548 0 0 5520511 0 684375 148 1 1 0 Ellucian Company LP 62590 Collections Center Dr Chicago IL 60693 Information technology services 4769092 Witt Fiala Flannery & Assoc PO Box 958204 St Louis MO 63195 Janitorial services 2436618 RAFN Company 1721 132nd Ave NE Bellevue WA 98005 Construction contracting 1291777 McKinstry Essention Inc 5005 3rd Ave South Seattle WA 98124 Construction contracting 1171234 160over90 1 S Broad Street FL 10 Philadelphia PA 19107 Organizational and product branding 868878 52 0 0 864270 0 5694619 33767601 2614818 40326490 Tuition and fees 611310 238294807 238294807 0 0 Auxiliary revenue 611310 17391262 17391262 0 0 6852817 6852817 0 0 262538886 2998139 0 397425 2600714 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 53789238 0 53534992 0 254246 0 254246 0 0 254246 355084 864270 720325 -365241 0 -365241 16145 0 16145 0 0 16145 0 0 0 0 0 305768665 262538886 397425 2505864 0 0 69534891 69534891 0 0 0 0 6253169 3173271 3079898 0 64210 64210 0 0 98268392 83911968 11859429 2496995 9197401 7683009 1291044 223348 16174266 13510446 2271066 392754 7580445 6332377 1063983 184085 41148 6159 34989 0 290290 6628 283662 0 141800 13000 128800 0 11030 0 11030 0 0 1195664 0 1195664 0 2856555 2529446 257109 70000 1997848 1196903 615658 185287 3203509 1737171 1253065 213273 8926719 1138810 7771139 16770 0 0 0 0 5931523 5669865 261533 125 3927367 3674344 232582 20441 0 0 0 0 2825336 2091188 533800 200348 6202578 5482721 719857 0 0 0 0 0 15582271 13296731 2285540 0 1699717 165730 1533987 0 Supplies 3581075 1767134 1767002 46939 Rental Services 8173316 7877038 295607 671 Purchases for resale 2951639 2779129 172510 0 6348136 6189227 27207 131702 282960295 239831396 38946161 4182738 7641834 10120740 35322185 70527673 17201910 23311951 7125900 5674878 0 0 0 0 7655590 7238685 1066622 421082 4127395 4754368 483480115 167755801 322005843 315724314 52433571 62821532 172789136 141051567 0 0 4940524 4940524 15842588 18630254 648153098 665217568 25057843 25089772 0 0 2924525 3145778 132409076 129224403 2144391 2283045 0 0 0 0 0 0 14496611 17524220 177032446 177267218 X 287154767 287184053 74866477 88922267 109099408 111844030 471120652 487950350 648153098 665217568 22808370 -5978672 0 0 0 0 X 0 1 X 1 1 1 X 15363112 18368355 16427929 44574763 40326490 135060649 0 0 0 0 0 0 0 0 0 0 0 0 15363112 18368355 16427929 44574763 40326490 135060649 33079039 101981610 2918694 1736997 2590344 1518202 2600714 11364951 0 0 0 0 0 0 0 0 0 0 0 0 146425600 1233705533 0.69647 0.7866 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 14744 0 0 14744 0 Schedule C, Part II-B, Line 1 The University pays membership dues to organizations which engage in some lobbying activities. The amount disclosed in line 1g includes $11,029.62 of the dues attributable to lobbying activities. Line 1g also includes $428.20 in travel costs related to lobbying activities. 0 0 X X X 0 0 1 X 210641538 3626479 -4845295 0 7839992 0 201582730 184731072 10609736 27954071 0 12653341 0 210641538 174149940 3324854 13713254 0 6456976 0 184731072 178758605 3879210 -1985829 0 6502046 0 174149940 152815196 1374251 32024307 0 7455149 0 178758605 0.28 0.55 0.17 0 0 0 57571772 57571772 0 348035884 121444157 226591727 0 4630272 3257730 1372542 0 34157934 19123682 15034252 0 39084253 23930232 15154021 315724314 0 F 0 F Private equity partnerships 30972273 F Hedge funds 35838074 F Collective investment funds 55286690 F Investment in commercial real estate 17462136 C All other investments 1492394 F 141051567 Assets held under split interest agreement 13106984 Construction in progress 2116172 Funds held in trust by others 1920394 Unamortized bond issuance costs 1486704 18630254 0 Us Government loan funds 6106353 Liabilities under spit-interest agreeements 8864031 Unrealized loss on int. rate swap agreement 1969838 Asset retirement obligation 583998 17524220 X 230741355 -5978672 0 0 -69534891 -75513563 306254918 0 -486253 -486253 305768665 213911657 0 0 0 486253 486253 213425404 0 69534891 69534891 282960295 Schedule D, Part III, Line 1 The University holds various collections that are made up of artifacts of historical significance and art objects that are held for educational, research, scientific, and curatorial purposes. Each item is cataloged, preserved, and maintained to ensure their original condition is maintained. Collections, which have been acquired through purchases and contributions to the University, are not recognized as assets on the statement of financial position. Purchases of collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired, or as the items are restricted by donors. Proceeds from deaccessions or insurance recoveries are reflected as increases in the appropriate net asset class. No collection items were deaccessioned in the years ended June 30, 2015 or 2014. Schedule D, Part III, Line 4 The artifacts in the University's collections are used for instructional and research purposes. Schedule D, Part IV, Line 2b The University receives cash deposits on behalf of various student clubs. Funds are disbursed on behalf of those clubs for various items such as printing, mailing, audio/visual equipment rentals, and catering. Schedule D, Part V, Line 4 The University invests endowment funds to provide income to support educational activities, either as a result of donor-imposed restrictions or as a result of designations by the Board of Trustees. Schedule D, Part X, Line 2 The University has considered the impact of ASC 740, Implementation Guidance on Accounting for Uncertainty in Income Taxes and Disclosure Amendments for Nonpublic Entities, and after review of the potential impact of various tax provisions, it was determined that no potential liability exists for those positions. Schedule D, Part XI, Line 2d For financial statement purposes, the University deducts student aid expense of $69,534,891 from gross tuition and fees to derive net tuition and fees. Schedule D, Part XI, Line 4b The University treats special event fundraising expense of $486,253 as a reduction of revenue in Part VIII and accounted for as an expense in the University's audited financial statements. Schedule D, Part XII, Line 2d The University treats special event fundraising expense of $486,253 as a reduction of revenue in Part VIII and accounted for as an expense in the University's audited financial statements. Schedule D, Part XII, Line 4b For financial statement purposes, the University deducts student aid expense of $69,534,891 from gross tuition and fees to derive net tuition and fees. 1 1 1 1 1 1 1 0 0 0 1 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The University's Nondiscrimination Policy is prominently displayed on its public website and in all brochures, publications, and catalogs dealing with student admissions, programs and scholarships. Schedule E, Part I, Line 5 The university's overall financial aid program consists of many scholarships, grants, loans or other forms of support from private and public sources. Within the larger context of its overall financial aid program, the university relies upon the generous support of individuals, organizations and local businesses to fund scholarship programs to assist in the recruitment and retention of racially, ethically, geographically, and socially economically diverse students. These programs are narrowly tailored and are premised on an interest in achieving the educational benefits of a diverse student body as recognized by the University's Board of Trustees. Schedule E, Part I, Line 6 The University receives federal, state, and foundation grants for academic activities, research, student financial aid, student loan, and work study programs. Central America and the Caribbean 0 0 Investments Investments (fair market value as of June 30, 2015) 28536955 Central America and the Caribbean 0 0 Program Services Study abroad 221486 Europe (including Iceland and Greenland) 0 0 Program Services Study abroad 394910 East Asia and the Pacific 0 0 Program Services Program 117785 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Study abroad 38168 0 0 29309304 1 0 1 0 0 0 Schedule F, Part I, Line 2 Schedule F, Part I, Line 3 - The University has holdings in alternative and other investments in funds legally domiciled outside the United States. The University monitors those investments through due diligences by the investment committee, the Associate VP for Finance, and the University's investment adviser. Annual Gala 642677 516677 126000 0 0 33647 102574 98057 97869 Red Tie 419360 261160 158200 0 0 0 58721 600 252793 3 157317 86433 70884 0 0 2000 20595 1300 52169 1219354 864270 355084 0 0 35647 181890 99957 402831 720325 -365241 16145 1 1 16145 0 0 0 0 0 16145 WA 1 0 1 0 1.00 0 Seattle University 901 12th avenue Seattle WA 98122 0 0 0 0 1 Grants and scholarships funded from endowments 902 0 5997852 Book Financial aid Grants and scholarships funded from gifts from private donors 309 0 2336534 Book Financial aid Grants and scholarships funded from grants from private and governmental institutions 557 0 2093578 Book Financial aid Grants and scholarships funded from institutional funds 4814 0 59106927 Book Financial aid Schedule I, Part I, Line 2 The University's Enrollment Services Division, Office of Student Financial Services, and Office of Research Services and Sponsored Projects are responsible for the administration of all grants and student aid according to current law, regulations, and policies prescribed by grantors. The University is subject to annual audits conducted in accordance with OMB Circular A-133. X X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 Stephen V Sundborg SJ Trustee (ex officia), President 406100 0 0 0 0 0 0 0 0 0 406100 0 0 Isiaah Crawford Provost 304740 0 0 0 0 0 26000 0 10413 0 341153 0 0 Marilyn Ann Crone VP for Enrollment Mgt 207919 0 0 0 0 0 20948 0 6027 0 234894 0 0 0 Robert J Dullea VP Planning and Vice Prov 187247 0 0 0 0 0 19181 0 58961 0 265389 0 0 0 Constance R Kanter CFO/VP for Fin and Business Affairs 237826 0 0 0 0 0 24998 0 13176 0 276000 0 0 0 Timothy P Leary Executive Vice President 243593 0 0 0 0 0 25085 0 44025 0 312703 0 0 0 Scott K McClellan VP,Communications 177477 0 0 0 0 0 18749 0 13176 0 209402 0 0 0 Michele C Murray VP of Student Dev 179341 0 0 0 0 0 18708 0 5076 0 203125 0 0 0 Mary S Petersen VP and Iniversity Counsel 227252 0 0 0 0 0 23603 0 13176 0 264031 0 0 0 Michael W Podlin VP University Advancement 223904 0 0 0 0 0 22718 0 5874 0 252496 0 0 0 Annette E Clark Dean 311747 0 0 0 0 0 26000 0 5899 0 343646 0 0 0 Joseph M Phillips Jr Dean 249036 0 0 0 0 0 26000 0 13176 0 288212 0 0 0 David V Powers Dean 188670 0 0 0 0 0 19844 0 13176 0 221690 0 0 0 Michael Jay Quinn Dean 185436 0 0 0 0 0 19400 0 13176 0 218012 0 0 0 Deanna J Sands Dean 135827 0 0 0 60000 0 19190 0 760 0 215777 0 0 0 Robert S Chang Professor 211640 0 0 0 0 0 22129 0 13176 0 246945 0 0 0 Cameron Dollar Head Mens Basketball Coach 207490 0 0 0 60000 0 20000 0 13176 0 300666 0 0 0 Marilyn E Gist Assc Dean Gad Prog and Dir CLF 236422 0 0 0 0 0 20268 0 4872 0 261562 0 0 0 Charles O'Kelley Rt Professor 310365 0 0 0 0 0 26000 0 6027 0 342392 0 0 0 David Michael Skover Professor 214854 0 0 0 0 0 21586 0 6027 0 242467 0 0 0 Gerald V Huffman VP Human Res and Univ Serv 162940 0 0 0 0 0 16763 0 7836 0 187539 0 0 Marilyn E Gist Exec Dir Ctr for leader Form 236422 0 0 0 0 0 20268 0 4872 0 261562 0 0 0 Mary Kay McFadden VP for University Advancement 268548 0 0 0 0 0 0 0 0 0 268548 0 0 0 Schedule J, Part I, Line 1a The University paid $19,095 in club dues for certain officers and other employees for business-related purposes as follows: Rainier Club: Annette Clark $2,908, Stephen V. Sundborg SJ $2,773, Joseph M. Phillips Jr $2,820; Rotary Club: Stephen V. Sundborg SJ $1,925, Phillip Thompson $1,500, Joseph M. Phillips Jr $2,295; University Club: Deanna Sands $1,087.21, Stephen V. Sundborg SJ $1,235; Washington Athletic Club: Bill Hogan $2,552. The University provided housing allowances to the following officers, key employees and highly-compensated employees: Cameron Dollar $60,000, Deanna J. Sands $60,000. A Washington Higher Education Facilities Authority 911306482 9387812J2 2007-07-25 38075000 Capital Project 0 0 0 B Washington Higher Education Facilities Authority 911306482 939781UN7 2005-09-21 23505000 Refunding 0 0 0 C Washington Higher Education Facilities Authority 911306482 939781A26 2008-03-20 26595000 Refunding 0 0 0 D Washington Higher Education Facilities Authority 911306482 939781K81 2009-09-30 41775000 Capital Project 0 0 0 A 2100000 0 38075000 0 0 0 931512 0 0 37143488 0 0 2009 0 0 1 1 B 5505000 0 23505000 0 0 0 464468 0 0 0 23040532 0 2005 1 0 1 1 C 7280000 0 26595000 0 0 0 373275 0 0 0 26221275 0 2008 1 0 1 1 D 0 0 41775000 0 0 0 515109 0 0 41258891 0 0 2010 0 0 1 1 A 0 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 0 1 C 0 0 0 0 0 0 0 0 0 1 D 0 0 0 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 1 1 Bank of New York 2.9 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 Schedule K, Part IV, Line 2c-07/25/2007 38,075,000 Washington Higher Education Facilities Authority 07/25/2007 38,075,000 Washington Higher Education Facilities Authority - All required rebate has been paid. Schedule K, Part IV, Line 2c-09/21/2005 23,505,000 Washington Higher Education Facilities Authority 09/21/2005 23,505,000 Washington Higher Education Facilities Authority - All required rebate has been paid. Schedule K, Part IV, Line 2c-03/20/2008 26,595,000 Washington Higher Education Facilities Authority 03/20/2008 26,595,000 Washington Higher Education Facilities Authority - All rebate has been paid. Schedule K, Part IV, Line 2c-09/30/2009 41,775,000 Washington Higher Education Facilities Authority 09/30/2009 41,775,000 Washington Higher Education Facilities Authority - All required rebate has been paid. A Washington Higher Education Facilities Authority 911306482 939781J68 2011-09-01 14570000 Refunding 0 0 0 A 1400000 0 14570000 0 0 0 530137 0 0 0 14039863 0 2011 1 0 1 1 A 0 0 0 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 Schedule K, Part IV, Line 2c-09/01/2011 14,570,000 Washington Higher Education Facilities Authority 09/01/2011 14,570,000 Washington Higher Education Facilities Authority - All required rebate has been paid. Sabey Coporation Entity which Trustee David Sabey served as an officer during the year. 735426 Life science lab and office lease 0 Erin Swezey Ms. Swezey is married to Timothy Leary, the University's Executive Vice President. 69630 Ms. Swezey is a memeber of the faculty of the College of Education. 0 X 40 1611211 FMV X 1 769535 FMV X Items donated for fundraising events 561 234072 FMV 0 0 1 0 Schedule M, Part I, Line 9 The amount reported in Schedule M, Part I, column B Line 9 represents the number of contributions during the year. Form 990, Part VI, Section A, Line 2 Trustee Rolfe, Trustee Trainer, and Trustee Wright each has a business or financial interest in an entity that owns or operates a mixed use structure on property leased from Seattle University and that provides housing opportunities for students and faculty. Form 990, Part VI, Section A, Line 6 Seattle University is a Washington nonprofit corporation governed by a Board of Trustees that is responsible for the overall management of the affairs of the University. As a nonprofit member corporation established under Washington state law, the University has a Board of Members. The University has seven members. Each member is required to be in good standing in the Society of Jesus. The seven members include the following: the Rector of the Seattle University Jesuit Community and six Jesuits from among those under contract at Seattle University. The President, Provost and any Vice President of Seattle University are ineligible to be a member. Members are elected by Jesuits currently under contract at Seattle University. Form 990, Part VI, Section A, Line 7a The bylaws for Seattle University require at least seven of the thirty-five Trustees belonging to the Society of Jesus, one of whom is the President of the University ex officio. These Jesuit Trustees are chosen by the Members. Any Trustees appointed by the Members may be removed from the governing board by the affirmative vote of two-thirds of all the Members. Any vacancies of Trustees originally appointed by the Members should be subsequently filled with another individual appointed by the Members. Form 990, Part VI, Section A, Line 7b The principal duty of the Members is to ensure furtherance of the work of Catholic higher education in accordance with the tradition sand ideals of the Society of Jesus. The power to alter, amend, or repeal the Articles of Incorporation or the Bylaws is reserved to the Members and must be exercised in accordance with the Bylaws. The Members may delegate this authority to the Board of Trustees in whole or in part. The Board of Trustees may not authorize the sale or lease of any corporate properties having a fair market value in excess of $300,000 without the written approval of a majority of the Members. Members, like Trustees, have a duty to conduct themselves in the best interests of the University consistent with the objectives and purposes of the University as stated in the Articles and Bylaws. Form 990, Part VI, Section B, Line 11b Each voting member of the Board of Trustees was provided with an electronic copy of Form 990 and supporting schedules prior to filing with the IRS. The Audit Committee of the Board met to review the form and schedules as well. The form and schedules were also reviewed by appropriate officers and management, including but not limited to the CFO/VP for Finance and Business Affairs, the Associate VP for Finance and Investments, the Executive Vice President, and University Counsel. Form 990, Part VI, Section B, Line 12c The Conflict of Interest Policy for Trustees is contained in the Bylaws of the University. Trustees are informed of this policy during Trustee orientation and the annual meeting. On an annual basis, each Trustee is asked to furnish a written statement indicating whether he or she is involved in any matter that poses an actual or potential conflict of interest. Trustees are expected to update the disclosure throughout the year as may be appropriate. After a trustee's disclosure of a potential financial or other conflict of interest, the chair of the Board of Trustees, in consultation with the University Counsel, determines whether the situation constitutes a conflict of interest requiring action by the Board. If the chair of the Board believes Board action is appropriate, the interested person must leave the Board meeting where the financial or other interest is discussed and voted upon, unless requested to stay either to respond to questions or provide information to the Board on the matter under discussion. The remaining board members decide if a conflict of interest exists and the appropriate course of action. Officers, key employees, faculty, and staff are covered by the University conflict of interest policy. Individuals are informed of this policy at the time of hire. The policy is contained in the Human Resources Policy Manual and is available to faculty and staff on the University's website. Upon identification of a potential conflict of interest, the matter is reviewed and evaluated by University officials and a determination is made regarding an appropriate action. The University has also adopted the Policy for Financial Conflict of Interest Disclosure and Management for Investigators in Externally Sponsored Programs in compliance with US Department of Health and Human Services regulations (42 CFR Part 50, Subpart F) and the financial conflict of interest policies of the National Science Foundation. Finally, the Office of Finance and Business Affairs, through the Office of the Controller, reviews carefully all proposed business transactions, expenditures, and requests for reimbursements to determine compliance with University policies, including those relating to conflict of interest. Form 990, Part VI, Section B, Line 15 The University's process for determining compensation for the president, officers, and key employees includes the following elements: (1) an authorized committee of the Board of Trustees composed entirely of individuals who are unrelated to, and not subject to, the control of disqualified persons involved in the compensation arrangement; (2) reliance on appropriate comparability data, including compensation levels paid by similarly situated organizations for functionally comparable positions; the location of the University, including the availability of similar specialties in the geographic area; independent compensation surveys by nationally-recognized independent firms; and written offers from similar institutions competing for the services of the disqualified person; and (3) documentation by the authorized body that adequately documents the basis for determination concurrent with making decisions regarding the compensation arrangement. The Executive Committee of the Board of Trustees serves as the compensation committee and follows this process annually. The compensation arrangement for the President, Provost, Executive Vice President, CFO, and other members of the Cabinet was most recently reviewed on April 23, 2016. Within the institution, appropriate comparability data is also obtained and reviewed for all other officers, key employees, and any other highly-compensated employees. Form 990, Part VI, Section C, Line 19 While applicable federal tax laws do not mandate that the University's governing documents, conflict of interest policy, and financial statements be made available for public inspection, the University makes each of the foregoing available on its website, www.seattleu.edu, or upon request. Form 990, Part VII, Section A, Line 1d Stephen V. Sundborg, SJ, Thomas M. Lucas, SJ, Patrick M. Kelly, SJ, Peter B Ely, SJ, and Eric Watson, SJ are members of the Society of Jesus who are employed by Seattle University. Each has assigned his gross salary and the dollar equivalent of his employee benefits to the Jesuit Community at Seattle University in accordance with article VI of the Bylaws of the University. Seattle University Foundation 901 12th Avenue Seattle WA 98122 911130769 Fundraising WA 501(c)(3) Type I Seattle University 1 Charitable Remainder Unitrusts (6) 900Braodway Admin 120 Seattle WA 981224340 Investment WA Seattle University T 0 Charitable Remainder Annuity Trusts (2) 900 Braodway Admin 120 Seattle WA 981224310 Investment WA Seattle University T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0