2015-03-09T12:21:57-07:00 2014-06-30 990 2013-07-01 930401259 UNIVERSITY OF PORTLAND UNIV 5039437337 5000 N Willamette Blvd Portland OR 972035798 Alan P Timmins VP for Financial Affairs 5039437507 2015-03-09 2013 2016-02-25 16:41:14Z Rev Mark Poorman 5000 N Willamette Blvd Portland OR 97203 205897625 0 X www.up.edu X 1935 OR The University of Portland, an independently governed Catholic university guided by the Congregation of Holy Cross, addresses significant questions of human concern through interdisciplinary studies of the arts, sciences, and humanities and through studies in majors and professional programs at the undergraduate and graduate levels. As a diverse community of scholars dedicated to excellence and innovation, we pursue teaching and learning, faith and formation, leadership and service in the classroom, residence halls, and all activities of campus life. Because we value the development of the entire person, the university honors faith and reason as ways of knowing, promotes ethical reflection, and prepares people who respond to the needs of the world and its human family. 50 47 2816 48 179666 1090 14600216 13843725 157184485 168559534 5036123 6696220 -29864 -38786 176790960 189060693 59057412 64491879 0 0 62838729 63502456 0 0 2482515 41209287 42697132 163105428 170691467 13685532 18369226 360241679 394564941 97966679 95865144 262275000 298699797 The University of Portland, an independently governed Catholic university guided by the Congregation of Holy Cross, addresses significant questions of human concern through interdisciplinary studies of the arts, sciences, and humanities and through studies in majors and professional programs at the undergraduate and graduate levels. As a diverse community of scholars dedicated to excellence and innovation, we pursue teaching and learning, faith and formation, leadership and service in the classroom, residence halls, and all activities of campus life. Because we value the development of the entire person, the university honors faith and reason as ways of knowing, promotes ethical reflection, and prepares people who respond to the needs of the world and its human family. 0 0 64313034 64313034 0 Student Financial Aid Programs: A high-quality, personalized education at the University of Portland is an investment in each student's future success. We recognize that some students and their families may need assistance to meet some of their college costs, and we strive to help fill the gap between the cost of attendance and funds available to each student. We connect students with a wide range of internal and external funding options, but the expenses included in this category reflect scholarships and grants through institutional funds, annual and endowed gifts, and matching of government funds. 44422757 0 143857987 Postsecondary Education: The primary mission of the University of Portland is education. 4,169 students were enrolled in 2013-14 in the College of Arts and Science, Pamplin School of Business, School of Education, School of Nursing, and Shiley School of Engineering. The University has been repeatedly recognized as one of the top ten master's universities in the west. 27365519 0 24320186 Extracurricular Programs and Campus Life: The University of Portland recognizes that an education should develop the entire person and accordingly maintains diverse and comprehensive extracurricular programs on campus. Expenses and revenues listed above include residence halls, dining, NCAA Division I athletics, and conferences. 9651339 0 0 Student Services Programs: The University of Portland provides comprehensive support programs for our students to enable and promote their academic pursuits as well as their personal growth. Expenses in this category include International Student Services, Health and Career Services, Admissions, Registrar, Student Government and Activities, Financial Aid, and Intramurals. 4149804 0 0 Library Programs: The Wilson W. Clark Memorial Library serves the University of Portland community as a dynamic teaching library. The library accomplishes this through interactive instruction, by acquiring and organizing multi-format collections that support the curriculum, and by facilitating access to resources in the library and beyond. 13801143 0 0 149902453 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 1 1 0 1 0 1 0 0 1 1 1 1 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 1 1 1 0 0 1 187 0 1 2816 1 1 1 1 AU 0 0 0 1 1 0 0 0 0 X 50 47 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 1 1 0 OR X X Alan P Timmins 5039437507 5000 N Willamette Blvd Portland OR 972035798 X Mr Joseph B Allegretti Trustee 1 0 X 0 0 0 Rev Jeffrey L Allison CSC Trustee 40 0 X 39270 0 9209 Mr Thomas D Arndorfer Trustee 1 0 X 0 0 0 Mr Richard Baek Trustee 1 0 X 0 0 0 Mr Ralph G Bliquez Trustee 1 0 X 0 0 0 Mr John G Block Trustee 1 0 X 0 0 0 Mrs Mary R Boyle Trustee 1 0 X 0 0 0 Mrs Nancy K Bryant Trustee 1 0 X 0 0 0 Mrs Annie T Buell Trustee 1 0 X 0 0 0 Ms Catherine David Buley Trustee 1 0 X 0 0 0 Ms Sarah N Carroll Trustee 1 0 X 0 0 0 Mr Matthew W Chapman Trustee 1 0 X 0 0 0 Mr Earle M Chiles Trustee 1 0 X 0 0 0 Mr Kevin M Cooper Trustee 1 0 X 0 0 0 Mr Russell E Danielson Trustee 1 0 X 0 0 0 Mr Frank D Dulcich Trustee 1 0 X 0 0 0 Ms Amy Dundon-Berchtold Trustee 1 0 X 0 0 0 Rev Carl F Ebey CSC Trustee 1 0 X 0 0 0 Mr Patrick J Fennessy Trustee 1 0 X 0 0 0 Mr Robert W Franz Trustee 1 0 X 0 0 0 Mr Mark B Ganz Trustee 1 0 X 0 0 0 Rev Peter A Jarret CSC Trustee 1 0 X 0 0 0 Ms Patricia K Johnson Trustee 1 0 X 0 0 0 Mr Charles Keller Trustee 1 0 X 0 0 0 Mr Kasey Keller Trustee 1 0 X 0 0 0 Mr Patrick H Kessi Trustee 1 0 X 0 0 0 Rev James R Lackenmier CSC Trustee 1 0 X 0 0 0 Mr Keith R Larson Trustee 1 0 X 0 0 0 Rev William Lies CSC Trustee 1 0 X 0 0 0 Mr D Allen Lund Trustee 1 0 X 0 0 0 Rev Edward A Malloy CSC Trustee 1 0 X 0 0 0 Mr Ralph Miller Trustee 1 0 X 0 0 0 Mr Timothy J Morgan Trustee 1 0 X 0 0 0 Mr James P Murphy Trustee 1 0 X 0 0 0 Rev Thomas O'Hara CSC Trustee 1 0 X 0 0 0 Mr James T Price Trustee 1 0 X 0 0 0 Mrs Larree M Renda Trustee 1 0 X 0 0 0 Dr Don V Romanaggi Trustee 1 0 X 0 0 0 Rev John Ryan CSC Trustee 1 0 X 0 0 0 Mr Stephen L Shepard Trustee 1 0 X 0 0 0 Ms Milann Siegfried Trustee 1 0 X 0 0 0 Ms Darlene Shiley Trustee 1 0 X 0 0 0 Mr Karl A Smith Trustee 1 0 X 0 0 0 Mr Edwin A Sweo Trustee 1 0 X 0 0 0 Ms Kay Dean Toran Trustee 1 0 X 0 0 0 Mr Ted R Winnowski Trustee 1 0 X 0 0 0 Mr Eugene J Wizer Trustee 1 0 X 0 0 0 Mr Darryl P Wong Trustee 1 0 X 0 0 0 Dr Carolyn Y Woo Trustee 1 0 X 0 0 0 Rev William Beauchamp CSC President 40 0 X X 329996 0 70933 Mr Thomas Greene Provost 40 0 X 201556 0 21554 Rev Mark Poorman CSC Executive Vice President 40 0 X 192998 0 40282 Rev Gerard Olinger CSC Vice President - Student Affairs 40 0 X 189772 0 35935 Mr Alan Timmins Vice President - Financial Affairs 40 0 X 183341 0 9741 Mr James Ravelli Vice President - University Operations 40 0 X 176352 0 28761 Ms Laurie Kelley Vice President - University Relations 40 0 X 129806 0 16118 Mr Michael Andrews Dean - College of Arts and Sciences 40 0 X 179773 0 27006 Mr John Watzke Dean - School of Education 40 1 X 163030 0 34897 Mr Robin Anderson Dean - Pamplin School of Business 40 0 X 225901 0 42668 Ms Sharon Jones Dean - Shiley School of Engineering 40 0 X 188270 0 61711 Ms Joanne Warner Dean - School of Nursing 40 0 X 161766 0 29401 Mr Eric Reveno Men's Basketball Coach 40 0 X 422552 0 45490 Mr Mojtaba Takallou Associate Professor 40 0 X 198761 0 40897 Mr Scott Leykam Athletic Director 40 0 X 176654 0 17776 Mr Arjun Chatrath Professor 40 0 X 168064 0 30139 Mr Bahram Adrangi Professor 40 0 X 164898 0 29374 Mr Brian Adams Associate Professor 40 0 X 164019 0 37359 Mr Zia Yamayee Vassallo Distinguished Professor 40 0 X 129570 0 20944 Mr John Goldrick University Relations Sp. Asst. 40 0 X 101185 0 25755 Mr James Lyons Former Vice President - University Relations 40 0 X 135457 0 28135 4022991 0 704085 67 1 1 0 Bon Appetit Management Co 100 Hamilton Ave Ste 400 Palo Alto CA 94301 Food Services 7496874 Todd Construction Inc PO Box 949 Tualatin OR 97062 Construction 2325802 ThreeSixty Architecture 300 W 22nd St Kansas City MO 641081938 Architectural Services 1880362 Royall & Company 1920 E Parham Rd Richmond VA 23228 Marketing Services 651310 Marsh USA Inc PO Box 846112 Dallas TX 752846112 Insurance Brokerage 436819 36 0 0 250378 0 1086445 12506902 1836738 13843725 Tuition and Fees 611310 137468395 137468395 0 0 Room and Board 611310 20058698 20058698 0 0 Off-Campus Programs 611310 6389592 6389592 0 0 Athletics 611310 2150756 1976501 174255 0 2492093 2305058 7343 179692 168559534 1832394 0 -1932 1834326 78623 0 0 78623 20952 0 0 20952 0 0 21473000 0 16687797 0 4785203 0 4785203 0 0 4785203 87397 123678 148205 -60808 0 -60808 2000 930 1070 0 0 1070 0 189060693 168198244 179666 6839058 178845 178845 62634925 62634925 1678109 1678109 0 0 2641152 1121452 1370767 148933 0 0 0 0 45221502 33386957 10537012 1297533 3480308 2620320 769822 90166 8263806 5367446 2771377 124983 3895688 2860997 925408 109283 0 0 0 0 165825 0 165825 0 93050 0 93050 0 0 0 0 0 0 0 102415 0 102415 0 12560659 10469036 1887139 204484 563208 191083 362898 9227 3705225 1837573 1843379 24273 1210437 28269 1182023 145 35423 38942 -3519 0 4256665 524054 3732422 189 3531677 2697214 687337 147126 0 0 0 0 2997955 1829949 1043636 124370 3202031 3549330 -347299 0 0 0 0 0 6674278 4173897 2500381 0 991934 187395 733245 71294 Unrelated business income taxes 6000 0 6000 0 Allocation of indirect expenses reported in column C -125338 12581535 -12796553 89680 2725688 1945125 739734 40829 170691467 149902453 18306499 2482515 15045 27286 6990530 16169130 12573848 10564394 2330821 2517423 23250 17250 0 0 3518446 4052986 0 0 639549 1772072 268197273 76708021 188723003 191489252 25443633 22986446 118032367 143189554 0 0 0 0 1951187 1779148 360241679 394564941 8341704 7658311 0 0 7584528 8015133 74136398 71629924 0 0 0 0 0 0 0 0 7904049 8561776 97966679 95865144 X 134323000 152053945 50896000 63180066 77056000 83465786 262275000 298699797 360241679 394564941 18369226 18055571 0 0 0 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 122153078 4658097 23013080 2422118 430560 0 146971577 109322725 3217045 12265872 1764450 888114 0 122153078 106192116 3075240 3299103 1847921 1395812 0 109322726 87175501 6984145 15651172 1968252 1650450 0 106192116 74082444 4788487 11472608 1732782 1435256 0 87175501 0.17 0.83 0 1 0 0 16772497 16772497 0 195306775 43712809 151593966 0 0 0 0 0 29454535 19672182 9782353 0 26663466 13323030 13340436 191489252 Private equity investments 4350360 F Beneficial interest in assets held by others 138839194 F 143189554 0 Annuities payable 5646836 Advances from federal government for student loans 2914940 8561776 143218000 18053640 267600 0 149067 18470307 124747693 0 64313000 64313000 189060693 106793000 267600 0 0 146933 414533 106378467 0 64313000 64313000 170691467 Schedule D, Part V, Line 3a(i) The University invests most of its endowment with a religious affiliate that shares the University's Catholic ministry and education mission. These assets are held in the affiliate's endowment and are invested for the University's benefit. Schedule D, Part V, Line 4 The endowment supports a wide spectrum of campus life including student scholarships, faculty development efforts, the library, and a variety of other academic and student service programs. Schedule D, Part XI, Line 2d Other reconciling items include fundraising expenses included in Part VIII (148,205), gaming expenses included in part VIII (1,070), and rounding. Schedule D, Part XI, Line 4b Scholarships of $64,313,000 are included in the University's financial statements as contra-revenue. They are revenue and expense in the 990. Schedule D, Part XII, Line 2d Other reconciling items include fundraising expenses included in Part VIII (148,205), gaming expenses included in Part VIII (1,070) and rounding. Schedule D, Part XII, Line 4b Scholarships of $64,313,000 are included in the University's financial statements as contra-revenue. They are revenue and expense in the 990. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 To supplement its nondiscriminatory practices, the University publishes annually an advertisement of its nondiscriminatory policy in the primary regional newspaper. The policy is featured on the University's website and in public communications as described in Line 2. Schedule E, Part I, Line 6 The University participates in a variety of federal and state student grant and aid programs, including Pell Grants, Academic Competitiveness Grants, SMART Grants, Supplemental Educational Opportunity Grants, and Oregon Opportunity Grants. 1 Europe (including Iceland and Greenland) 1 6 Program Services Study abroad programming 3608943 North America (including Canada and Mexico, but not the United States) 0 2 Program Services Study abroad programming 109823 East Asia and the Pacific 0 1 Program Services Study abroad programming 925683 South America 0 0 Program Services Study abroad programming 44945 1 9 4689394 Scholarships for tuition, fees, and room & board Europe (including Iceland and Greenland) 82 1330560 Credit to student account 0 Scholarships for tuition, fees, and room & board East Asia and the Pacific 20 310043 Credit to student account 0 Scholarships for tuition, fees, and room & board South America 2 37506 Credit to student account 0 1 0 0 1 1 0 Schedule F, Part I, Line 2 Scholarships and grants are distributed to students by posting the funds directly to their student accounts to offset charges for tuition, fees, and room and board. Any remaining credit is refunded to the student via check or direct deposit for use in purchasing books, housing, food, etc. Golf Tournament 55415 36750 18665 0 1000 8257 14768 0 7100 Golf Tournament 34875 20600 14275 0 740 23166 11867 0 892 3 247485 193028 54457 0 189 37713 17674 2341 22497 337775 250378 87397 0 1929 69136 44309 2341 30489 148204 -60807 1 Congregation of Holy Cross US Province Inc PO Box 774 Notre Dame IN 46556 320344245 501(c)(3) 100000 0 General support Macdonald Center 121 NW Sixth Avenue Portland OR 97209 931060938 501(c)(3) 14700 0 General support Fulcrum Foundation 710 Ninth Avenue Seattle WA 98104 161616262 501(c)(3) 8000 0 Event sponsorship 3 0 Scholarships from institutional funds for tuition, fees, and room & board 3583 59061453 0 Scholarships from annual donations for tuition, fees, and room & board 195 860225 0 Scholarships from endowed donations for tuition, fees, and room & board 532 2289407 0 Scholarships from institutional match of government funds for tuition, fees, and room & board 223 423840 0 Schedule I, Part I, Line 2 Scholarships and grants are distributed to students by posting the funds directly to their student accounts to offset charges for tuition, fees, and room and board. Any remaining credit is refunded to the student via check or direct deposit for use in purchasing books, housing, food, etc. Contributions to exempt organizations that further the University's exempt purpose require approval of a vice president. X X X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 Rev William Beauchamp CSC President 312500 0 0 0 17496 0 28050 0 42883 0 400929 0 0 0 Mr Thomas Greene Provost 182167 0 0 0 19389 0 20982 0 572 0 223110 0 0 Rev Mark Poorman CSC Executive Vice President 183000 0 0 0 9998 0 20130 0 20152 0 233280 0 0 0 Rev Gerard Olinger CSC Vice President - Student Affairs 144500 0 0 0 45272 0 15895 0 20040 0 225707 0 0 0 Mr Alan Timmins Vice President - Financial Affairs 179900 0 0 0 3441 0 6747 0 2994 0 193082 0 0 0 Mr James Ravelli Vice President - University Operations 174500 0 0 0 1852 0 19910 0 8851 0 205113 0 0 0 Ms Laurie Kelley Vice President - University Relations 126688 0 0 0 3118 0 13936 0 2183 0 145925 0 0 0 Mr Michael Andrews Dean - College of Arts and Sciences 174234 0 0 0 5540 0 19250 0 7756 0 206780 0 0 0 Mr John Watzke Dean - School of Education 161996 0 0 0 1034 0 18065 0 16833 0 197928 0 0 0 Mr Robin Anderson Dean - Pamplin School of Business 220857 0 0 0 5044 0 25117 0 17552 0 268570 0 0 0 Ms Sharon Jones Dean - Shiley School of Engineering 181855 0 0 0 6415 0 20004 0 41707 0 249981 0 0 0 Ms Joanne Warner Dean - School of Nursing 160418 0 0 0 1348 0 18286 0 11115 0 191167 0 0 0 Mr Eric Reveno Men's Basketball Coach 385274 0 26000 0 11278 0 28050 0 17440 0 468042 0 0 0 Mr Mojtaba Takallou Associate Professor 96408 0 0 0 102354 0 22281 0 18616 0 239659 0 0 0 Mr Scott Leykam Athletic Director 168624 0 0 0 8030 0 0 0 17776 0 194430 0 0 0 Mr Arjun Chatrath Professor 164684 0 0 0 3380 0 18408 0 11730 0 198202 0 0 0 Mr Bahram Adrangi Professor 144804 0 0 0 20093 0 17045 0 12329 0 194271 0 0 0 Mr Brian Adams Associate Professor 146150 0 0 0 17869 0 18100 0 19258 0 201377 0 0 0 Mr Zia Yamayee Vassallo Distinguished Professor 129197 0 0 0 373 0 14290 0 6655 0 150515 0 0 0 Mr John Goldrick Executive Assistant 101185 0 0 0 0 0 11553 0 14202 0 126940 0 0 0 Mr James Lyons Former Vice President - University Relations 118844 0 0 0 16225 0 14424 0 13711 0 163204 0 0 0 Schedule J, Part I, Line 1a First class travel is allowed only for flights exceeding 8 hours and with officer approval per written policy. Reimbursements for companion travel are allowed with a bona fide business purpose and approval of an officer. University residences (on-campus) are only provided to University employees who are required to be available on campus at all hours and include basic housekeeping services. Social/business association memberships are provided in limited circumstances with officer approval when required for development activities per written policy. Schedule J, Part I, Line 3 For compensation review procedures see note in Schedule O for Part VI, Section B, Line 15. A State of Oregon-Oregon Facilities Authority 936001787 00068608J 2007-12-20 86727005 See Part VI 0 0 0 A 10170000 0 86727005 6102033 0 32582827 1031436 0 0 47003879 0 0 2010 0 1 1 1 A 0 1 0 0 0.001 0 0.001 0 0 0 A 0 0 0 1 0 0 0 0 0 A 0 Schedule K, Part I, Column e-12/20/2007 86,727,005 State of Oregon Oregon Facilities Authority Part I Column e reports an accurate issuance price of $86,727,005. The instructions for Column e say to report the amount listed on Row 21 of Form 8038, which erroneously lists an issue price of $87,727,005. Row 18 of the Form 8038 reflects the correct issue price. Schedule K, Part I, Column f-12/20/2007 86,727,005 State of Oregon Oregon Facilities Authority Description of purpose of tax-exempt bond: Land acquisition and building projects - $47,003,879; Bond issuance costs - $1,031,436; Reserve fund - $6,108,863; Refunding of 1997 and 2000 issues - $32,582,827. Schedule K, Part IV, Line 2c-12/20/2007 86,727,005 State of Oregon Oregon Facilities Authority Rebate computation last performed December 20, 2012. Sharon Jones Key employee Home loan X 15000 10000 0 0 1 Michael Andrews Key employee Home loan X 15000 7250 0 0 1 17250 Christopher Greene Family member of Officer 34183 Employment 0 Schedule L, Part II The University provides an Employee Home Loan Program to assist employees in purchasing a home in the neighborhoods surrounding campus. The program is meant to help recruit and retain employees, as well as assist them in creating healthier lifestyles. It is available with identical terms to all full-time employees in good standing after a probationary period. One sixtieth of the loan amount is forgiven each month for five years while the employee remains employed and maintains the home as their primary residence. Monthly forgiveness is treated as taxable income with all necessary withholding and reporting. As of 6/30/2014, total employee home loans of $333,312 were outstanding, of which $17,250 pertained to individuals reportable in Part VII or Schedule J. X 3 39002 Appraisal, $1 X 2 $1 X 55 1751011 Market quote X 2 221 Retail price X 3 3 $1 X Furniture 3 35117 Retail price X Auto lease 2 5897 Market rate X Airfare 1 5148 Retail price X Musical Instruments 1 335 Retail price X Instructional Equipment 2 2 $1 1 0 1 1 Schedule M, Part I, Line 1 "$1" - When third party valuation (such as market price or independent appraisal) is not readily available for a non-cash gift the University recognizes revenue of $1 per gift. Schedule M, Part I, Line 32b The University periodically uses realtors or auction houses to assist in the disposal of gifted real property. No such third parties were used in the report year. The University also uses licensed brokers to sell gifts of marketable securities. Such sales occurred in the tax year. Form 990, Part VI, Section A, Line 7a The bylaws grant Congregation of Holy Cross the right to appoint up to nine board members. Form 990, Part VI, Section B, Line 11b The Audit Subcommittee reviewed and approved the filing, which was subsequently made available to the entire board at a meeting. A summary of Schedule B rather than the full Schedule was distributed to the Board and Audit Subcommittee to maintain donor confidentiality. Form 990, Part VI, Section B, Line 15 The salaries of all officers and key employees are reviewed by the Audit Subcommittee of the Board of Regents annually, most recently in 2014. All salaries (except the Men's Head Basketball Coach) are compared to CUPA (College & University Personnel Association) benchmarks, 990 data from comparable institutions, and internal compensation history for the position. The Men's Head Basketball Coach salary is compared with counterpart salaries for teams in the West Coast Conference and internal compensation history for the position. Form 990, Part VI, Section C, Line 19 Financial statements are available on www.up.edu. Governing documents are available to the public upon request. Form 990, Part VII, Section A, Line 1a Rev Jeffrey L Allison CSC was employed by the University as a Graduation and Degree Audit Coordinator. All of Fr. Allison's compensation listed in Part VII was related to his employment; he received no compensation connected to his membership on the Board of Regents. Northwest Academic Computing Consortium Inc 3203 SE Woodstock Blvd Suite 326 Portland OR 97202 841172799 Foster academic technology OR 501(c)(3) 11 Type I N/A 0 Friends of Saturday Academy 5000 N Willamette Blvd Portland OR 97203 203770321 Education OR 501(c)(3) 9 University of Portland 1 Charitable remainder trust (16) 5000 N Willamette Blvd Portland OR 97203 Charitable trust OR N/A T 1 1 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0 1 0 Friends of Saturday Academy a-iv 18000 Cash