2015-05-13T07:46:16-05:00 2014-06-30 ERNST & YOUNG US LLP 4370 LA JOLLA VILLAGE DR STE 500 SAN DIEGO CA 92122 990 2013-07-01 990113930 Hawaii Pacific University % BRUCE EDWARDS HAWA 8085440201 1164 Bishop Street Suite 800 Honolulu HI 96813 BRUCE EDWARDS VP & CFO 2015-05-12 DEBRA HEISKALA P00649485 2013 2016-02-25 16:41:14Z Geoffrey Bannister 1164 Bishop Street Suite 800 Honolulu HI 96813 131682064 false X http://www.hpu.edu X 1965 HI HPU IS AN INTERNATIONAL LEARNING COMMUNITY SET IN THE RICH CULTURAL CONTEXT OF HAWAI'I. OUR INNOVATIVE PROGRAMS PREPARE OUR GRADUATES AS ACTIVE MEMBERS OF A GLOBAL SOCIETY. 18 13 1962 607 1339553 658369 2388226 3475545 96060603 101123245 935308 1721478 458887 1171493 99843024 107491761 16893545 23325565 0 0 64664635 60766913 0 0 1900359 29980481 31348477 111538661 115440955 -11695637 -7949194 104666260 165975416 33489736 75481399 71176524 90494017 X SEE SCHEDULE O true false 78499779 23325565 101198332 THE UNIVERSITY PROVIDES HIGHER EDUCATION SERVICES TO APPROXIMATELY 7,000 STUDENTS. GRANTS ARE PRIMARILY MERIT AND NEED-BASED SCHOLARSHIPS PROVIDED TO STUDENTS. 78499779 true true false false false false false true false true true true false false true false false true true true true true false false true false false true true true true false false false false false false false false true true false false false false true true true true false false true 5359 0 true 1962 true true true true CJ false false true true true true false false false false X 18 13 true false true false false false false true true false false true true true true true true true true false X BRUCE EDWARDS 8083565256 1164 BISHOP STREET SUITE 800 HONOLULU HI 96813 X CONRAD W HEWITT TRUSTEE 5.0 0.0 X 0 0 0 RICHARD C HUNTER TRUSTEE 5.0 0.0 X 0 0 0 VIOLET S LOO TRUSTEE 5.0 0.0 X 0 0 0 JAMES C POLK TRUSTEE 5.0 0.0 X 0 0 0 JAMES S ROMIG TRUSTEE 5.0 0.0 X 0 0 0 MICHELE K SAITO TRUSTEE 5.0 0.0 X 0 0 0 LILY S SUN TRUSTEE 5.0 0.0 X 0 0 0 RAYMOND P VARA JR TRUSTEE 5.0 0.0 X 0 0 0 DR ALLEN L ZECHA TRUSTEE 5.0 0.0 X 0 0 0 DR GEOFFREY BANNISTER TRUSTEE, PRESIDENT 40.0 0.0 X X 500534 0 47689 DR MICHAEL J CHUN TRUSTEE, CHAIR 5.0 0.0 X 0 0 0 STEVEN K BAKER TRUSTEE, VICE CHAIR 5.0 0.0 X 0 0 0 JAMES A AJELLO TRUSTEE, TREASURER 5.0 0.0 X 0 0 0 CARLETON K L CHING TRUSTEE 5.0 0.0 X 0 0 0 JOACHIM P COX TRUSTEE 5.0 0.0 X 0 0 0 LAYLA J L DEDRICK TRUSTEE 5.0 0.0 X 0 0 0 CHRISTINA D DOANE TRUSTEE 5.0 0.0 X 0 0 0 RADM FRED P GUSTAVSON USN RET TRUSTEE 5.0 0.0 X 0 0 0 MATTHEW LIAO-TROTH PROVOST & VP ACADEMIC AFFAIRS 40.0 0.0 X 143144 0 30717 CECILIA MINALGA INTERIM CFO 40.0 0.0 X 290307 0 0 BRUCE EDWARDS VICE PRESIDENT & CFO 40.0 0.0 X 0 0 0 JANET S KLOENHAMER SEC, EVP & GEN'L COUNSEL 40.0 0.0 X 270341 0 50525 DEBORAH F CROWN DEAN, BUSINESS ADMINISTRATION 40.0 0.0 X 253279 0 42572 SCOTT HAYASHI MGR, CAPITAL PROJECTS 40.0 0.0 X 216535 0 2558 MARY ELLEN MCGILLAN VP, ALUMNI UNIV. RELATIONS 40.0 0.0 X 278410 0 49175 TODD H SIMMONS VP, MARKETING-COMMUNICATIONS 40.0 0.0 X 230567 0 34399 DR ANDREW BRITTAIN ASSOCIATE PROFESSOR 40.0 0.0 X 230324 0 52952 SHARON BLANTON VP & CIO 40.0 0.0 X 226945 0 39526 DEBORAH NAKASHIMA AVP, STUDENT AFFAIRS 40.0 0.0 X 213782 0 15308 WILLIAM KLINE FORMER VP & CFO 0.0 0.0 X 126415 0 28509 2980583 0 393930 82 true true false SODEXO INC dept 880328 LOS ANGELES CA 90088 FOOD SERVICE MTGT 764857 WKF INC PO BOX 31000 HONOLULU HI 968495484 RENT & MGMT SVCS 1397624 FINANCE FACTORS LTD PO BOX 1300 HONOLULU HI 968071300 RENT & MGMT SVCS 1324186 DEG LLC 1132 BISHOP ST SUITE 2305 HONOLULU HI 96813 RENT & MGMT SVCS 1178106 NIU PIA LAND COMPANY LTD PO BOX 1300 HONOLULU HI 968071300 RENT & MGMT SVCS 980192 49 0 2323238 1152307 15946 3475545 TUITION & FEES 611710 99440782 99440782 0 0 FEES/CONTRACTS FROM GOV'T 611710 247777 247777 0 0 RESEARCH & TRAINING 541700 1398651 1398651 0 0 BY-PRODUCT SALES 900099 36035 36035 0 0 101123245 893214 893214 107843 107843 0 3887009 4955560 -1068551 0 -1068551 -1068551 19561304 18840883 720421 720421 720421 40122 52464 -12342 -12342 0 418452 341396 77056 75087 1969 PARKING FEES 900099 1641284 0 1295513 345771 ATHLETIC REVENUE 900099 140053 0 9954 130099 CLUB REVENUE 900099 29543 0 0 29543 364450 0 32117 332333 2175330 107491761 101198332 1339553 1478331 136769 136769 23170976 23170976 17820 17820 0 0 2372602 802509 1570093 0 124266 124266 0 0 46341981 36851742 8250230 1240009 3990897 3638574 352323 0 3899334 1964797 1580899 353638 4037833 2825453 1212380 0 68982 0 68982 0 789201 11860 777341 0 298948 0 298948 0 0 0 0 0 0 0 152484 0 152484 0 4483996 1144814 3231043 108139 957509 421737 437249 98523 3193600 1655566 1467053 70981 3736239 16743 3719496 0 0 0 0 0 6082230 121352 5954697 6181 1765178 1559455 194127 11596 0 0 0 0 517242 365512 141222 10508 832757 168 832392 197 0 0 0 0 2817787 1848897 968890 0 921195 120558 800637 0 STUDENT RECRUITMENT 1101268 984008 117231 29 PROVISION FOR DOUBTFUL ACCTS 1080716 1080716 INSTRUCTIONAL MEDIA A/V 417353 417353 PARKING EXPENSE 368448 368448 1763344 298850 1463936 558 115440955 78499779 35040817 1900359 0 0 1400 1834369 35639232 283534 478805 3564608 5480578 0 0 0 0 3006539 2968244 754490 39864 659073 459149 81287352 37565270 23922244 43722082 31008707 35693914 29060957 28204910 0 0 10567179 10167334 4560 3119904 104666260 165975416 10835793 15250392 0 0 3540883 3304335 0 42311158 0 0 0 0 10000000 10000000 4200000 100000 4913060 4515514 33489736 75481399 X 59207619 76327476 7361642 9363494 4607263 4803047 71176524 90494017 104666260 165975416 X -7949194 8061474 19205213 X X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 118350 X X X false 64442544 213784 9789252 5996613 68448967 55301634 67433 7121307 2986413 59503961 76494236 109842 -4769503 16532941 55301634 66019086 82613 10434232 41695 76494236 60623110 113118 6278087 995229 66019086 0.82508 0.07017 0.10476 true false 272000 272000 23594462 8557261 15037201 27826661 14401817 13424844 17729662 14484314 3245348 11864567 121878 11742689 43722082 11886065 F 1607 CAPITAL INT'L EQUITY 10894952 F BRANDYWINE GLOBAL INVESTMENT 1954843 F ACADIAN EMERGING MARKETS 3469050 F 28204910 0 CAPITAL LEASE OBLIGATION 536022 FEDERAL STUDENT LOAN OBLIGATION 3979492 4515514 SCHEDULE D, PART III, LINE 4 COLLECTIONS OF ART AND HISTORICAL TREASURES THE PACIFIC ISLAND ART AND ARTIFACT COLLECTION CONSISTS OF APPROXIMATELY 400 CULTURALLY SIGNIFICANT PIECES. THE COLLECTION WILL BE DISPLAYED THROUGHOUT THE UNIVERSITY CAMPUSES AND WILL BE AVAILABLE FOR PUBLIC VIEWING ONCE DISPLAY LOCATIONS ARE IDENTIFIED. THE COLLECTION WILL ENRICH THE KNOWLEDGE OF MANY PACIFIC ISLAND CULTURES, HISTORIES AND CUSTOMS THROUGH THE STUDY OF THE ART AND ARTIFACTS. SCHEDULE D, PART V, LINE 1A BEGINNING OF YEAR BALANCE 2012 YEAR END BALANCE 59,503,961 ADJUSTMENT - OCEANIC INSTITUTE 4,938,583 ----------- 2013 BEGINNING YEAR BALANCE 64,442,544 SCHEDULE D, PART V, LINE 4 INTENDED USE OF ENDOWMENT FUND HAWAI`I PACIFIC UNIVERSITY ENDOWMENT FUND INCLUDES QUASI, TEMPORARILY RESTRICTED AND PERMANENTLY RESTRICTED ENDOWMENT FUNDS. THE UNIVERSITY HAS ADOPTED INVESTMENT AND DISTRIBUTION POLICIES FOR ENDOWMENT ASSETS TO SUPPORT THE CURRENT AND FUTURE OPERATIONS OF THE UNIVERSITY WITH A STREAM OF RELATIVELY PREDICTABLE, STABLE AND CONSTANT EARNINGS AND TO PRESERVE AND ENHANCE THE PURCHASING POWER OF THE ENDOWMENT ASSETS. THE PRIMARY INVESTMENT OBJECTIVE OF THE ENDOWMENT ASSETS IS TO ATTAIN AN AVERAGE ANNUAL REAL TOTAL RETURN (NET OF INVESTMENT MANAGEMENT FEES AND AFTER INFLATION) IN EXCESS OF THE SPENDING RATE OVER THE LONG TERM, DEFINED AS ROLLING THREE-YEAR PERIODS, AND TO OUT PERFORM THE MEDIAN ENDOWMENT WITHIN A UNIVERSE OF OTHER SIMILARLY-ENDOWED UNIVERSITIES. THE DISTRIBUTION POLICY FOR THE UNIVERSITY IS SET AT THE RATE OF 4.5% OF THE AVERAGE ENDING MARKET VALUES OF THE INVESTMENT PORTFOLIO FOR THE TWELVE QUARTERS. true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 NONDISCRIMINATION POLICY HAWAI`I PACIFIC UNIVERSITY MEETS THE REQUIREMENTS OF REV. PROC. 75-50 PUBLICITY REQUIREMENTS BY MEETING THE 4.03(2)(B) EXCEPTION WHICH STATES "IF A SCHOOL CUSTOMARILY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS NATIONWIDE OR WORLDWIDE FROM A LARGE GEOGRAPHIC SECTION OR SECTIONS OF THE UNITED STATES AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS, THE PUBLICITY REQUIREMENT MAY BE SATISFIED BY COMPLYING WITH SECTION 4.02, SUPRA. SUCH A SCHOOL MAY DEMONSTRATE THAT IT FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY WITHIN THE MEANING OF THE PRECEDING SENTENCE EITHER BY SHOWING THAT IT CURRENTLY ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS OR, WHEN MINORITY STUDENTS ARE NOT ENROLLED IN MEANINGFUL NUMBERS, THAT ITS PROMOTIONAL ACTIVITIES AND RECRUITING EFFORTS IN EACH GEOGRAPHIC AREA WERE REASONABLY DESIGNED TO INFORM STUDENTS OF ALL RACIAL SEGMENTS IN THE GENERAL COMMUNITIES WITHIN THE AREA OF THE AVAILABILITY OF THE SCHOOL. THE QUESTION WHETHER A SCHOOL SATISFIES THE PRECEDING SENTENCE WILL BE DETERMINED ON THE BASIS OF THE FACTS AND CIRCUMSTANCES OF EACH CASE." HAWAI`I PACIFIC UNIVERSITY CUSTOMARILY DRAWS STUDENTS FROM HAWAI`I, NATIONWIDE AND GLOBALLY AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS. THE UNIVERSITY CURRENTLY ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS. THE RACIAL MAKEUP OF ENROLLED STUDENTS ACCORDING TO IPEDS CATEGORIES IS AS FOLLOWS: AMERICAN INDIAN OR ALASKA NATIVE 1%, ASIAN/NATIVE HAWAIIAN/PACIFIC ISLANDER 18%, BLACK OR AFRICAN AMERICAN 6%, HISPANIC/LATINO 13%, WHITE 29%, NON-RESIDENT ALIEN 14%, AND TWO OR MORE RACES/OTHER/UNKNOWN 19%. THE UNIVERSITY COMPLIED WITH ALL ASPECTS OF REV. PROC. 75-50, SECTIONS 4.01 THROUGH 4.05. SPACE PERMITTING, PRINT ADVERTISING AND BROCHURES INCLUDE THE FOLLOWING STATEMENT: "HAWAI`I PACIFIC UNIVERSITY IS AN EQUAL OPPORTUNITY/AFFIRMATIVE ACTION INSTITUTION THAT PROHIBITS DISCRIMINATION AGAINST, AND HARASSMENT OF, ANY PERSON ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, SEXUAL ORIENTATION, AGE, ANCESTRY, MARITAL STATUS, DISABILITY, ARREST AND COURT RECORD, OR VETERAN STATUS. SEX DISCRIMINATION INCLUDES SEXUAL HARASSMENT AND SEXUAL ASSAULT. FOR MORE INFORMATION ON HOW TO REPORT DISCRIMINATION TO HPU, PLEASE GO TO WWW.HPU.EDU/STUDENTLIFE AND CLICK ON THE LINK TO THE STUDENT HANDBOOK." WHERE SPACE DOES NOT PERMIT THE LONG VERSION, A SHORTER VERSION IS USED: "HAWAI`I PACIFIC UNIVERSITY ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN, RELIGION, GENDER, AGE, ANCESTRY, MARITAL STATUS, SEXUAL ORIENTATION, VETERAN STATUS AND DISABILITY." SCHEDULE E, PART I, LINE 6A FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT AGENCY HAWAI`I PACIFIC UNIVERSITY PARTICIPATES IN UNITED STATES DEPARTMENT OF EDUCATION FINANCIAL AID PROGRAMS AND OTHER GOVERNMENT GRANT PROGRAMS FUNDING RESEARCH AND TEACHING. true Central America and the Caribbean Investments, program-relate 28204910 East Asia and the Pacific 2 Program services Recruitment 99600 East Asia and the Pacific 20 Program services Study Abroad 40969 East Asia and the Pacific 5 Program services Conferences & Consulti 142488 Europe (Including Iceland and Greenland) 1 Program services Recruitment 127973 Europe (Including Iceland and Greenland) 2 Program services Faculty Online Course 17902 South Asia 1 Program services Recruitment 72288 South Asia 5 Program services Conferences & Consulti 29548 East Asia and the Pacific 1 Program Services research Grant 17820 37 37 28753498 28753498 East Asia and the Pacific 17820 check 1 0 false false true false false false SCHEDULE F, PART I, LINE 2 SUBCONTRACTING POLICIES AND PROCEDURES ARE USED TO MONITOR THE USE OF GRANT FUNDS. SCHEDULE F, PART I, LINE 3(F) EXPLANATION OF EXPENDITURES RECRUITMENT EXPENSES INCLUDE TRAVEL FOR RECRUITERS, FEES FOR AGENTS AND FEES FOR PARTICIPATION IN COLLEGE RECRUITING FAIRS AND ADVERTISING. FACULTY ONLINE COURSE EXPENSES INCLUDE PAYMENTS TO FACULTY LIVING ABROAD WHO INSTRUCT ONLINE COURSES. STUDY ABROAD EXPENSES INCLUDE TRAVEL AND EDUCATIONAL EXPENSES FOR STUDY ABROAD TRIPS. CONFERENCES AND CONSULTING EXPENSES INCLUDE TRAVEL, RELATED LABOR, MEETINGS AND SITE VISITS. SCHEDULE F, PART I, LINE 3(F) METHOD USED TO ACCOUNT FOR EXPENDITURES THE ACCRUAL METHOD IS USED TO ACCOUNT FOR EXPENDITURES WHICH ARE CARRIED ON THE BOOKS AND RECORDS OF THE UNIVERSITY. SHARX HOF 16753 16753 20898 APPAREL SALES 11085 11085 6748 1 10563 10563 5092 38401 38401 32738 32738 5663 true UNIVERSITY OF GUAM LAND GRANT UOG STA MANGILAO GQ 96923 980032933 GOVT. 10880 UNIVERSITY OF HAWAII OFFICE OF RESEARCH SVCS 2530 DOLE HONOLULU HI 968222303 996000354 GOVT. 104770 UNIVERSITY OF HAWAII HILO 1079 KALANIANAOLE AVE HILO HI 96720 996000354 GOVT. 21119 3 VARIOUS STUDENTS - FINANCIAL AID & SCHOLARSHIPS 3188 23170976 SCHEDULE I, PART I, LINE 2 PROCEDURES FOR MONITORING USE OF GRANTS HAWAI`I PACIFIC UNIVERSITY'S OFFICES OF FINANCIAL AID AND SCHOLARSHIPS OVERSEE FEDERAL AND UNIVERSITY GRANT, SCHOLARSHIP, LOAN AND WORK-STUDY PROGRAMS. FEDERAL PROGRAMS ARE ADMINISTERED ACCORDING TO THE LAWS, RULES AND REGULATIONS ISSUED BY THE U.S. DEPARTMENT OF EDUCATION, THE U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES, OR OTHER GRANTING AGENCY. UNIVERSITY SCHOLARSHIPS AND GRANTS ARE ADMINISTERED ACCORDING TO THE POLICIES AND PROCEDURES IMPLEMENTED BY THE FINANCIAL AID OFFICE TO SUPPORT THE UNIVERSITY'S ENROLLMENT PLAN. THE OFFICES AWARD AID BASED ON THE FEDERAL FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) AND SUPPORTING DOCUMENTATION TO VERIFY A STUDENT'S ELIGIBILITY FOR NEED BASED PROGRAMS AND SCHOLARSHIPS WHERE NEED IS A CRITERIA. IN ADDITION, STUDENTS ARE REVIEWED BASED ON ACADEMIC AND TALENT QUALIFICATIONS FOR MERIT BASED SCHOLARSHIPS AND GRANTS IN AREAS SUCH AS DANCE, ATHLETICS, MUSIC, DEBATE AND OTHER AREAS. PRESIDENT'S SCHOLARS SCHOLARSHIPS ARE AWARDED BASED ON MERIT, GRADE POINT AVERAGE AND RECOMMENDATIONS. FINANCIAL AID AND THE SCHOLARSHIPS OFFICES MONITOR THE CONTINUED ELIGIBILITY OF STUDENTS FOR AWARDS. OCEANIC INSTITUTE FOLLOWS ITS SUBCONTRACTING POLICIES AND PROCEDURES TO MONITOR THE USE OF GRANT FUNDS. PROGRAM MANAGER, GRANT SPECIALIST AND CONTROLLER REVIEW ALL SUBCONTRACTOR INVOICES AND SUPPORTING RECEIPTS. GRANT SPECIALIST COMPARES ACTUAL EXPENSES WITH BUDGETED EXPENSES AND REVIEWS SUPPORTING DOCUMENTS TO DETERMINE IF COSTS CLAIMED ARE ALLOWED, REASONABLE AND CONSISTENT WITH TECHNICAL PROGRESS. X X false true X X X X X X true false false false false false false false false DR GEOFFREY BANNISTER TRUSTEE, PRESIDENT 404500 0 0 0 96034 0 27203 0 20486 0 548223 0 0 MATTHEW LIAO-TROTH PROVOST & VP ACADEMIC AFFAIRS 134403 0 0 0 8741 0 14226 0 16491 0 173861 0 0 0 CECILIA MINALGA INTERIM CFO 290307 0 0 0 0 0 0 0 0 0 290307 0 0 0 JANET S KLOENHAMER SEC, EVP & GEN'L COUNSEL 261406 0 0 0 8935 0 30686 0 19839 0 320866 0 0 0 DEBORAH F CROWN DEAN, BUSINESS ADMINISTRATION 249739 0 0 0 3540 0 29116 0 13456 0 295851 0 0 0 SCOTT HAYASHI MGR, CAPITAL PROJECTS 210000 0 0 0 6535 0 1980 0 578 0 219093 0 0 0 MARY ELLEN MCGILLAN VP, ALUMNI UNIV. RELATIONS 226328 0 0 0 52082 0 25480 0 23695 0 327585 0 0 0 TODD H SIMMONS VP, MARKETING-COMMUNICATIONS 222562 0 0 0 8005 0 17814 0 16585 0 264966 0 0 0 DR ANDREW BRITTAIN ASSOCIATE PROFESSOR 222644 0 0 0 7680 0 26511 0 26441 0 283276 0 0 0 SHARON BLANTON VP & CIO 212901 0 0 0 14044 0 23957 0 15569 0 266471 0 0 0 DEBORAH NAKASHIMA AVP, STUDENT AFFAIRS 90280 0 0 0 123502 0 10512 0 4796 0 229090 0 0 0 WILLIAM KLINE FORMER VP & CFO 123525 0 0 0 2890 0 17223 0 11286 0 154924 0 0 0 SCHEDULE J, PART I, LINE 1A & 1B COMPENSATION PROVIDED BY ORGANIZATION LISTED IN FORM 990, PART VII, SECTION D THE FOLLOWING EXECUTIVES RECEIVED FULLY TAXABLE HOUSING ALLOWANCE: GEOFFREY BANNISTER, PRESIDENT $ 66,698 MATTHEW LIAO-TROTH, PROVOST & VP ACADEMIC AFFAIRS $ 4,000 SHARON BLANTON, VP & CIO $ 4,000 SOCIAL CLUB DUES WERE PAID FOR THE FOLLOWING EXECUTIVES: GEOFFREY BANNISTER, PRESIDENT $ 9,205 JANET KLOENHAMER, EXEC VP ADMIN & GEN'L COUNSEL $ 3,872 100% OF SOCIAL CLUB USE IS TREATED AS BUSINESS USE. SCHEDULE J, PART I, LINE 1B HEALTH/SOCIAL CLUB DUES THERE WAS NO WRITTEN POLICY REGARDING PAYMENT OF SOCIAL CLUB MEMBERSHIP DUES. SCHEDULE J, PART I, LINE 3 METHODS USED TO ESTABLISH PRESIDENT'S COMPENSATION ALL EXECUTIVE OFFICER COMPENSATION, INCLUDING THE PRESIDENT'S COMPENSATION, IS APPROVED ANNUALLY BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES BASED ON COMPARABLE COMPENSATION FROM SIMILAR INSTITUTIONS, AND REASONABLENESS OF EXECUTIVE COMPENSATION IS ASSESSED BY AN INDEPENDENT EXECUTIVE COMPENSATION CONSULTANT. APPROVAL IS DOCUMENTED IN THE MINUTES OF THE COMPENSATION COMMITTEE. SCHEDULE J, PART I, LINE 4A SEVERANCE PAYMENT OR CHANGE OF CONTROL PAYMENT MARY ELLEN MCGILLAN, VP, ALUMNI & UNIVERSITY RELATIONS, RECEIVED SEVERANCE PAYMENTS IN THE AMOUNT OF $44,200. DEBORAH NAKASHIMA, AVP STUDENT AFFAIRS, RECEIVED SEVERANCE PAYMENTS IN THE AMOUNT OF $122,461. A STATE OF HAWAII DEPARTMENT OF BUDGET AND FINANCE 990266961 419800JA6 2013-07-30 42317997 SEE PART VI false false false A 0 0 42425837 3553961 1167104 0 0 0 0 12793420 0 24911351 false false false true A true true true true false 0.00000 0.00000 0.00000 false false false true A false true false false false false 0 true BAYERISCHE LANDESBAN 9.8 true false true A true SCHEDULE K, PART I, LINE A, COLUMN (F) ACQUISITION, CONSTRUCTION AND RENOVATION OF CERTAIN EDUCATIONAL AND RELATED FACILITIES OF THE INSTITUTION. BANK OF HAWAII SEE PART V 224523 BANKING SERVICES false FIRST HAWAIIAN BANK SEE PART V 145275 BANKING SERVICES (AGGREGATE) false FARMERS INSURANCE HAWAII INC SEE PART V 302642 INSURANCE (AGGREGATE) false UIO IN SARA LIAO-TROTH SEE PART V 44718 EMPLOYEE COMPENSATION false SCHEDULE L, PART IV, COLUMN (D) BUSINESS TRANSACTIONS WITH RELATED PERSONS BANK OF HAWAII PROVIDES BANKING SERVICES TO HAWAI`I PACIFIC UNIVERSITY. TRUSTEE JAMES POLK IS AN OFFICER. TRUSTEES MICHAEL CHUN AND RAYMOND VARA SERVE ON THE BOARD OF DIRECTORS. FIRST HAWAIIAN BANK PROVIDES BANKING SERVES TO HAWAI`I PACIFIC UNIVERSITY. A FAMILY MEMBER OF TRUSTEE CHRISTINA DOANE SERVES ON THE BOARD OF DIRECTORS. FARMERS INSURANCE HAWAII, INC PROVIDES WORKER'S COMPENSATION INSURANCE TO HAWAI'I PACIFIC UNIVERSITY. TRUSTEE MICHELE SAITO WAS AN OFFICER. UIO IN SARA LIAO-TROTH IS A FAMILY MEMBER OF OFFICER MATTHEW LIAO-TROTH, PROVOST & VP ACADEMIC AFFAIRS. UIO IN SARA LIAO-TROTH RECEIVES COMPENSATION AS AN EMPLOYEE OF HAWAI'I PACIFIC UNIVERSITY. FORM 990, PART III, LINE 1 DESCRIPTION OF ORGANIZATION'S MISSION HAWAI`I PACIFIC UNIVERSITY IS AN INTERNATIONAL LEARNING COMMUNITY SET IN THE RICH CULTURAL CONTEXT OF HAWAI`I. STUDENTS FROM AROUND THE WORLD JOIN US FOR AN AMERICAN EDUCATION BUILT ON A LIBERAL ARTS FOUNDATION. OUR INNOVATIVE UNDERGRADUATE AND GRADUATE PROGRAMS ANTICIPATE THE CHANGING NEEDS OF THE COMMUNITY AND PREPARE OUR GRADUATES TO LIVE, WORK, AND LEARN AS ACTIVE MEMBERS OF A GLOBAL SOCIETY. THE UNIVERSITY IS A CO-EDUCATIONAL AND INDEPENDENT UNIVERSITY COMPRISED OF THREE CAMPUSES ON THE ISLAND OF OAHU; THE DOWNTOWN HONOLULU CAMPUS, THE WINDWARD HAWAI`I LOA CAMPUS AND THE OCEANIC INSTITUTE. GRADUATE AND UNDERGRADUATE PROGRAMS ARE OFFERED AT THE WINDWARD HAWAI`I LOA CAMPUS AND AT THE HONOLULU DOWNTOWN CAMPUS. IN ADDITION TO THE THREE MAIN CAMPUSES, THE UNIVERSITY DELIVERS SELECT DEGREE PROGRAMS AT MILITARY INSTALLATIONS AROUND OAHU. FORM 990, PART III, LINE 2 DESCRIPTION OF NEW SERVICES ON JANUARY 1, 2014, FOLLOWING APPROVAL FROM THE GOVERNING BOARDS OF THE UNIVERSITY AND OCEANIC INSTITUTE, THE INSTITUTE WAS MERGED WITH THE UNIVERSITY. PRIOR TO THE MERGER, THE UNIVERSITY HELD A CONTROLLING INTEREST IN THE INSTITUTE THROUGH CONTROL VIA MAJORITY REPRESENTATION OF THE INSTITUTE'S BOARD OF TRUSTEES AND SIGNIFICANT FINANCIAL INFLUENCE. OCEANIC INSTITUTE'S MOST SIGNIFICANT ACTIVITIES ARE THE ADVANCEMENT AND EXTENSION OF RESEARCH IN ALL FIELDS AND AREAS OF MARINE SCIENCES. FORM 990, PART VI, LINE 1A DELEGATED AUTHORITY TO EXECUTIVE COMMITTEE DURING INTERVALS BETWEEN MEETINGS OF THE BOARD, AND SUBJECT TO SUCH LIMITATIONS AS MAY BE REQUIRED BY LAW OR SPECIFICALLY IMPOSED BY ACTIONS OF THE BOARD, THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL OF THE POWERS OF THE CORPORATION AND DELEGATE TO OTHER COMMITTEES SUCH OF ITS POWERS AND DUTIES AS IT DEEMS APPROPRIATE. THE OFFICERS OF THE BOARD, WHO ARE ALSO TRUSTEES, AND THE CHAIRS OF THE STANDING COMMITTEES, CONSTITUTE THE EXECUTIVE COMMITTEE. THE CHAIR OF THE BOARD SERVES AS THE CHAIR OF THE EXECUTIVE COMMITTEE. THE SECRETARY OF THE BOARD SERVES AS THE SECRETARY OF THE EXECUTIVE COMMITTEE. DURING THE TAX YEAR, THE EXECUTIVE COMMITTEE DID EXERCISE ITS AUTHORITY TO ACT ON BEHALF OF THE BOARD ON TWO OCCASIONS. THE EXECUTIVE COMMITTEE, WITH THE APPROPRIATE AUTHORITY, APPROVED A RESOLUTION TO ALLOW ADDITIONAL EXPENDITURES FROM THE QUASI-ENDOWMENT FUND AND APPROVED A RESOLUTION FOR ISSUANCE OF A SPECIAL PURPOSE REVENUE BOND. FORM 990, PART VI, LINE 2 RELATIONSHIPS BETWEEN OFFICERS, DIRECTORS, TRUSTEES OR KEY EMPLOYEES TRUSTEES JAMES POLK, MICHAEL CHUN, AND RAYMOND VARA HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, LINE 4 SIGNIFICANT CHANGES IN GOVERNING DOCUMENTS THE BYLAWS WERE MODIFIED TO: 1- CLARIFY UNIVERSITY OFFICERS SUBJECT TO APPOINTMENT BY THE BOARD 2- ADD THE POSITION OF EXECUTIVE VICE PRESIDENT FOR ADMINISTRATION TO UNIVERSITY OFFICERS 3- CHANGE QUORUM REQUIREMENTS FOR BOARD COMMITTEES EXCEPT FOR THE EXECUTIVE COMMITTEE FORM 990, PART VI, LINE 11B PROCESS USED BY MANAGEMENT &/OR GOVERNING BODY TO REVIEW 990 FORM 990 AND SUPPORTING WORK-PAPERS ARE PREPARED AND REVIEWED INTERNALLY THEN SENT TO AN EXTERNAL TAX ACCOUNTING FIRM FOR REVIEW AND PREPARATION OF THE FORM 990 RETURNS. AFTER ANY PROPOSED ADJUSTMENTS, THE FORMS ARE REVIEWED BY STAFF AND MANAGEMENT, INCLUDING AN OFFICER OF THE ORGANIZATION. THE FINAL FORM 990 IS THEN REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD. THE AUDIT COMMITTEE APPROVES THE FORM 990 PRIOR TO FILING, WHICH APPROVAL WILL BE DOCUMENTED IN THE COMMITTEE MINUTES. THE FORM 990 WILL BE MADE AVAILABLE TO ALL TRUSTEES PRIOR TO FILING. FORM 990 PART VI, LINE 12C DESCRIPTION OF PROCESS TO MONITOR TRANSACTIONS FOR CONFLICT OF INTEREST CONFLICT OF INTEREST POLICY IS SET FORTH IN THE BYLAWS AS FOLLOWS: EACH TRUSTEE IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY DISCLOSING ACTUAL OR POTENTIAL CONFLICTS OF INTEREST FOR REVIEW BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. TRUSTEES WITH ANY ACTUAL OR POTENTIAL CONFLICTS MAY NOT VOTE ON MATTERS WITH WHICH THEY MAY HAVE A CONFLICT. OFFICERS AND EMPLOYEES ARE REQUIRED TO DISCLOSE ANNUALLY AND WHENEVER APPROPRIATE, ACTUAL AND POTENTIAL CONFLICTS OF INTEREST. ALL CONFLICTS ARE RESOLVED IN ACCORDANCE WITH HAWAI`I PACIFIC UNIVERSITY'S WRITTEN CONFLICT OF INTEREST POLICIES. FORM 990, PART VI, LINES 15A & 15B OFFICES AND POSITIONS FOR WHICH PROCESS WAS USED AND YEAR PROCESS BEGAN LINE 15A THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES EVALUATED THE PRESIDENT'S COMPENSATION ON A SURVEY OF COMPARABLE INSTITUTIONS OBTAINED FROM AN INDEPENDENT EXECUTIVE COMPENSATION CONSULTING FIRM SPECIALIZING IN HIGHER EDUCATION. THE COMPENSATION COMMITTEE REVIEWED THE ANALYSIS IN RELATION TO ITS COMPENSATION PHILOSOPHY, BOARD EXPECTATIONS AND ANY ADJUSTMENTS RECOMMENDED. APPROVAL WAS DOCUMENTED IN THE MINUTES OF THE COMPENSATION COMMITTEE. LINE 15B THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES EVALUATED AND APPROVED THE EXECUTIVE COMPENSATION OF THE PRESIDENT AND OTHER OFFICERS BASED ON COMPARABILITY DATA OBTAINED FROM AN INDEPENDENT EXECUTIVE COMPENSATION CONSULTING FIRM SPECIALIZING IN HIGHER EDUCATION. THE PRESIDENT REVIEWED THE COMPENSATION OF OTHER OFFICERS BASED ON THE COMPENSATION SURVEY AND MADE RECOMMENDATIONS TO THE COMPENSATION COMMITTEE FOR APPROVAL. DECISIONS WERE DOCUMENTED IN THE MINUTES OF THE COMPENSATION COMMITTEE. FROM 990, PART VI, LINE 19 AVAIL OF GOV DOCS, CONFLICT OF INTEREST POLICY, & FIN STMTS TO GEN PUBLIC HAWAI`I PACIFIC UNIVERSITY MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. THE UNIVERSITY'S FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART VII, SECTION A NON-VOTING MEMBERS OF THE BOARD OF TRUSTEES THE FOLLOWING INDIVIDUALS SERVED AS NON-VOTING MEMBERS OF THE BOARD OF TRUSTEES AND WERE NOT COMPENSATED FOR THEIR SERVICES: NAME TITLE AVG/HRS/WEEK MARTIN ANDERSON TRUSTEE EMERITUS 5 SAMUEL A. COOK TRUSTEE EMERITUS 5 MICHAEL D. HONG TRUSTEE EMERITUS 5 JOHN A. LOCKWOOD TRUSTEE EMERITUS 5 HENRY F. RICE TRUSTEE EMERITUS 5 FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS TRANSFER OF OCEANIC INSTITUTE'S NET ASSETS DUE TO MERGER. 19,381,219 OCEANIC INSTITUTE NET INCOME (176,008) ROUNDING 2 ----------- TOTAL 19,205,213 FORM 990, PART XII, LINE 2C CONSOLIDATED AUDITED FINANCIAL STATEMENTS HAWAI`I PACIFIC UNIVERSITY HAS CONSOLIDATED AUDITED FINANCIAL STATEMENTS WITH OCEANIC INSTITUTE, HAWAII DOWNTOWN HOLDINGS, LLC AND HAWAII LIFESTYLE RETAIL PROPERTIES, LLC. THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR THE AUDIT AND THE REVIEW AND SELECTION OF THE INDEPENDENT AUDITOR. HAWAII LIFESTYLE RETAIL PROPERTIES LLC 1 ALOHA TOWER DRIVE STE 3000 HONOLULU HI 96814 320361534 REAL ESTATE HI -1587485 25184696 HPU HAWAII DOWNTOWN HOLDINGS LLC 1164 BISHOP ST SUITE 800 HONOLULU HI 96813 463153445 HOLDING COMPANY HI HPU C Corp 0 0 1.00000 true OI CONSULTANTS INC 41-202 KALANIANAOLE HWY WAIMANALO HI 96795 990200034 CONSULTING HI HPU C Corp 0 1002 1.00000 true false false false false false false false false false false false false false false false false false false false RELATED ENTITIES "HPU" = HAWAI`I PACIFIC UNIVERSITY "HDH" = HAWAII DOWNTOWN HOLDINGS, LLC "HLRP" = HAWAII LIFESTYLE RETAIL PROPERTIES, LLC "LRP" = LIFESTYLE RETAIL PROPERTIES, LLC "ATM" = ALOHA TOWER MARKETPLACE IN DECEMBER 2011, HPU FORMED HDH, A WHOLLY OWNED, FOR PROFIT HOLDING COMPANY, WHOSE SOLE PURPOSE WAS TO PURCHASE AN 80% INTEREST IN HLRP. HLRP ENGAGES SOLELY IN THE BUSINESS OF LEASING CERTAIN COMMERCIAL SPACE IN ATM. HPU IS DEVELOPING THE PROPERTY INTO A MIXED USE RESIDENTIAL/COMMERCIAL PROPERTY TO ACCOMMODATE STUDENT HOUSING, INSTRUCTIONAL FACILITIES AND ACADEMIC SUPPORT. IN JANUARY 2013, HDH ACQUIRED THE REMAINING 20% INTEREST OF HLRP FROM LRP AND SUBSEQUENTLY ASSIGNED ALL INTEREST OF HLRP DIRECTLY TO HPU. EFFECTIVE MARCH 2013, HDH ELECTED TO BE TAXED AS A CORPORATION.