2015-06-11T10:03:20-05:00 2014-07-31 910189318 MOSS ADAMS LLP 3121 W MARCH LN STE 100 STOCKTON CA 952192367 990 2013-08-01 951644037 PEPPERDINE UNIVERSITY PEPP 3105064497 24255 PACIFIC COAST HIGHWAY MALIBU CA 902634497 BRIAN THOMASON ASSOC VP AND CONTROLLER 3105064497 2015-06-11 1 TRACY S PAGLIA P00366884 2099556100 2013 2016-02-25 16:41:14Z ANDREW K BENTON 24255 PACIFIC COAST HIGHWAY MALIBU CA 902634497 475066126 0 X WWW.PEPPERDINE.EDU X 1937 CA SEE SCHEDULE O 38 36 5013 1 3612774 0 25387351 33939405 330194412 341260909 52879247 68695262 -112383 -309208 408348627 443586368 88797079 96604063 0 0 166724453 171826147 207365 253565 7559746 111990716 119481978 367719613 388165753 40629014 55420615 1421502321 1528278869 344535595 334218578 1076966726 1194060291 X SEE SCHEDULE O 0 0 94986985 4605005 315692157 INSTRUCTION AND RESEARCH 49964495 317885 7012539 ACADEMIC SUPPORT 130159103 91681173 12303318 STUDENT SERVICES INCLUDING SCHOLARSHIPS TO ENROLLED STUDENTS 14201776 0 3282182 PUBLIC SERVICE 14201776 0 3282182 289312359 1 1 0 1 0 1 0 1 1 1 1 1 0 1 1 0 0 1 1 1 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 1 0 0 1 0 1 1 0 0 1 1 1 1 0 0 1 X 10529 0 1 5013 1 1 1 1 AR GM IT SZ UK 0 0 0 1 1 0 0 0 0 0 0 0 X 38 36 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 CA X X X BRIAN THOMASON 3105064497 24255 PACIFIC COAST HIGHWAY MALIBU CA 902634497 X ANDREW K BENTON PRESIDENT AND CEO 40.00 3.00 X X 505218 0 214998 EDWIN L BIGGERS CHAIRMAN 1.00 X X 0 0 0 SHEILA K BOST REGENT 1.00 X 0 0 0 CHARLES L BRANCH JR REGENT 1.00 X 0 0 0 DALE A BROWN REGENT 1.00 X 0 0 0 JANICE R BROWN REGENT 1.00 X 0 0 0 JOSE A COLLAZO REGENT 1.00 1.00 X 0 0 0 JERRY S COX REGENT (THROUGH 6/2014) 1.00 X 0 0 0 TERRY M GILES REGENT (THROUGH 6/2014) 1.00 2.00 X 0 0 0 MICHELLE R HEIPLER REGENT 1.00 X 0 0 0 GLEN A HOLDEN REGENT 1.00 X 0 0 0 GAIL E HOPKINS REGENT 1.00 X 0 0 0 PETER JAMES JOHNSON JR REGENT 1.00 X 0 0 0 JOHN D KATCH REGENT 1.00 X 0 0 0 DENNIS S LEWIS REGENT 1.00 X 0 0 0 KIMBERLY J LINDLEY REGENT 1.00 X 0 0 0 EFF W MARTIN REGENT 1.00 X 0 0 0 FAYE W MCCLURE REGENT 1.00 X 0 0 0 MICHAEL T OKABAYASHI REGENT 1.00 X 0 0 0 DANNY PHILLIPS REGENT 1.00 X 0 0 0 TIMOTHY C PHILLIPS REGENT 1.00 X 0 0 0 JOHN L PLEUGER REGENT 1.00 X 0 0 0 JAMES R PORTER VICE CHAIRMAN 1.00 2.00 X X 0 0 0 RUSSELL L RAY JR REGENT 1.00 X 0 0 0 SUSAN F RICE SECRETARY 1.00 X X 0 0 0 CAROL RICHARDS REGENT 1.00 X 0 0 0 FREDERICK L RICKER REGENT 1.00 X 0 0 0 B JOSEPH ROKUS REGENT 1.00 1.00 X 0 0 0 BUI SIMON REGENT 1.00 X 0 0 0 HAROLD R SMETHILLS REGENT 1.00 3.00 X 0 0 0 ROSA MERCADO SPIVEY REGENT 1.00 X 0 0 0 WILLIAM W STEVENS REGENT 1.00 X 0 0 0 STEPHEN M STEWART REGENT 1.00 X 0 0 0 AUGUSTUS TAGLIAFERRI REGENT 1.00 X 0 0 0 MARTA B TOOMA REGENT 1.00 X 0 0 0 ROBERT L WALKER REGENT 1.00 X 0 0 0 MARYLYN M WARREN REGENT 1.00 X 0 0 0 WILLIAM H AHMANSON REGENT 1.00 X 0 0 0 JOHN T LEWIS REGENT 1.00 X 0 0 0 DEE ANNA SMITH REGENT 1.00 X 0 0 0 GARY A HANSON EXECUTIVE VICE PRESIDENT AND COO 40.00 X 380336 0 153349 SAMUEL K HINKLE SVP FOR ADVANCEMENT 40.00 1.00 X 195283 0 180199 PAUL B LASITER VICE PRESIDENT AND CFO 40.00 3.00 X 184358 0 184411 CHARLES J PIPPIN SENIOR VP & CIO 40.00 3.00 X 372291 0 101386 DARRYL L TIPPENS PROVOST AND CHIEF ACADEMIC OFFICER 40.00 X 227533 0 144091 MARC GOODMAN GENERAL COUNSEL 40.00 X 213497 0 35499 VELIOS KODOMICHALOS DIRECTOR OF INVESTMENTS (THRU 6/14) 40.00 X 238915 0 52525 LEE KATS VICE PROVOST 40.00 X 217283 0 34658 LINDA LIVINGSTONE DEAN, GRAZIADIO SCHOOL OF BUS. & MGT 40.00 X 296051 0 55267 RICK MARRS DEAN, SEAVER COLLEGE 40.00 X 174924 0 112920 ALEXANDER PANG ASSOCIATE VICE PRESIDENT 40.00 X 175992 0 28011 PHIL PHILLIPS CHIEF ADMINISTRATIVE OFFICER 40.00 X 187518 0 113845 EDNA POWELL CHIEF BUSINESS OFFICER 40.00 X 195179 0 41646 MARK ROOSA DEAN, UNIVERSITY LIBRARIES 40.00 X 180952 0 37359 JONATHAN SEE CHIEF INFORMATION OFFICER 40.00 X 189211 0 31330 DEANELL TACHA DEAN, SCHOOL OF LAW 40.00 X 357943 0 29135 MARGARET WEBER DEAN, GRADUATE SCHOOL OF ED. & PSYCH. 40.00 X 152751 0 139044 JAMES WILBURN DEAN, SCHOOL OF PUBLIC POLICY 40.00 X 223169 0 51560 RONALD PHILLIPS DEAN EMERITUS, VICE CHANCELLOR 40.00 X 176465 0 122391 JACK GREEN PROFESSOR, GRAZIADIO SCHOOL OF BUS. 40.00 X 323703 0 1278 RICK HESSE PROFESSOR, GRAZIADIO SCHOOL OF BUS. 40.00 X 313884 0 2674 EDWARD J LARSON DARLING PROFESSOR OF LAW 40.00 X 338826 0 47770 BRUCE SAMUELSON PROFESSOR, GRAZIADIO SCHOOL OF BUS. 40.00 X 286119 0 2703 LAMAR MARTY WILSON HEAD MEN'S BASKETBALL COACH 40.00 X 321582 0 56877 6428983 0 1974926 291 0 1 0 SODEXO AMERICA LLC CAMPUS MAIL-TCC RM 110 MALIBU CA 90263 CATERING 7448602 HATHAWAY DINWIDDIE CONSTRUCTION COMPANY 811 WILSHIRE BLVD 1500 LOS ANGELES CA 90017 CONTRACTOR 6459185 CLUNE CONSTRUCTION COMPANY LP 10 S LASALLE ST STE 300 CHICAGO IL 60603 CONTRACTOR 3054460 PALISADES MEDIA GROUP INC 1620 26TH ST SANTA MONICA CA 90404 ADVERTISING 1404696 FLAGSHIP FACILITY SERVICES INC PO BOX 612140 SAN JOSE CA 951612140 JANITORIAL 1294651 57 405895 1000000 3678926 28854584 5990448 33939405 STUDENT TUITION AND FEES 611710 298110787 298110787 ROOM AND BOARD 611710 34424852 34424852 SALES AND SERVICES 611710 6430232 3459519 2970713 OTHER REVENUE 611710 2295038 2295038 341260909 20279636 642061 19637575 79255843 30840217 48415626 48415626 48415626 330333 405895 639541 -309208 -309208 443586368 338290196 3612774 67743993 96604063 96604063 6540929 2274810 3497377 768742 405832 387926 17906 123349589 90219138 29377624 3752827 9397228 6296617 2744308 356303 23063554 16637442 5546913 879199 9069015 6039774 2720756 308485 545884 50398 495486 585453 4059 581394 48478 48478 253565 253565 4400000 4400000 13574036 7332019 5571042 670975 4280292 3547890 588982 143420 8717892 4544564 4003190 170138 19780097 10391460 9380381 8256 9341419 6220722 3057200 63497 3370442 2288447 1045776 36219 10738765 8784310 1911500 42955 18723217 15315591 3332733 74893 4372942 47818 4325124 CONSTRUCTION AND EQUIPM 8687136 5129098 3555693 2345 EQUIPMENT AND MAINTENAN 6220608 1100896 5091785 27927 6095317 6095317 388165753 289312359 91293648 7559746 60814529 27953865 30596837 33877219 5535513 5790405 307851 282649 5511922 6149449 558137263 196897731 362018991 361239532 260896000 277403323 387683675 478505746 22749216 22037845 285387787 315038836 1421502321 1528278869 38342982 29152542 9965837 11047001 188846047 186629260 40215438 39844545 49904081 49917903 17261210 17627327 344535595 334218578 X 630777127 703267530 118604660 137942686 327584939 352850075 1076966726 1194060291 1421502321 1528278869 X 55420615 15301610 46371340 X 0 1 X 1 1 1 X 39144062 28578060 25338071 25387351 33939405 152386949 39144062 28578060 25338071 25387351 33939405 152386949 1684625 150702324 19038788 17199308 16043176 14735875 19637575 86654722 475743 1251355 1727098 240768769 1581334008 0.62590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 48478 48478 0 PART II-B, LINE 1: THE ORGANIZATION PAID MEMBERSHIP DUES TO MEMBER ORGANIZATIONS WHICH MAY ENGAGE IN LOBBYING ACTIVITIES. THEREFORE, A PORTION OF THE DUES MAY BE ATTRIBUTABLE TO LOBBYING ACTIVITIES. PART II-B, LINE 1I THE ORGANIZATION HIRED A LOBBYING FIRM TO PURSUE HIGHER EDUCATION INITIATIVES. 3 0 0 0 97550 0 1128579 0 1 1 1 4527350 0 0 X X X 0 0 1 X 715660000 8987000 100441000 34605000 790483000 607953000 3354000 132447000 28094000 715660000 622580000 10344000 7866000 32837000 607953000 564591000 11222000 79921000 33154000 622580000 528735000 7913000 58356000 30413000 564591000 0.51700 0.39700 0.08600 1 0 28613150 28613150 460768777 165188004 295580773 55686516 31709727 23976789 13068820 13068820 361239532 ALTERNATIVE INVESTMENTS 475720855 F LIMITED PARTNERSHIPS 1920064 F CASH & CASH EQUIVALENT 685232 F OTHER 179595 F 478505746 ASSETS HELD AS TRUSTEE 224630110 INVESTMENTS IN SUBSIDIARIES 61013010 INVESTMENTS - REAL ESTATE 20231923 INVESTMENTS - NOTES RECEIVABLE 6183327 HELD UNDER AGENCY AGREEMENTS 1932737 OTHER INVESTMENTS 1047729 315038836 DUE UNDER AGENCY AGREEMENTS 1932737 US GOVERNMENT FUNDED STUDENT LOANS 15694590 17627327 PART III, LINE 4: COLLECTIONS CONSIST OF ITEMS ACQUIRED BY THE UNIVERSITY'S LIBRARY THAT REQUIRE SPECIAL HANDLING DUE TO THEIR RARITY, VALUE, AND/OR PHYSICAL CONDITION. THE UNIVERSITY ALSO MAINTAINS AN ARCHIVAL COLLECTION OF OFFICIAL DOCUMENTS, PAPERS, PUBLICATIONS, AND ARTIFACTS OF PEPPERDINE AND PERSONS CONNECTED WITH THE UNIVERSITY. THESE COLLECTIONS ARE PROTECTED AND PRESERVED FOR EDUCATION, RESEARCH AND PUBLIC EXHIBITION. PART IV, LINE 2B: THE UNIVERSITY ACTS AS THE FISCAL AGENT FOR FUNDS RELATED TO UNIVERSITY SPONSORED AND/OR AFFILIATED PROGRAMS. THE UNIVERSITY DOES NOT OWN THE FUNDS ASSOCIATED WITH THESE PROGRAMS. PART V, LINE 4: THE INTENT OF THE UNIVERSITY'S ENDOWMENT FUND IS TO GENERATE REVENUES NECESSARY TO SUPPORT THE UNIVERSITY'S EXEMPT PURPOSE, INCLUDING EDUCATION, RESEARCH, AND SCHOLARSHIP. SCHEDULE D, PART X PEPPERDINE UNIVERSITY DOES NOT HAVE A FIN 48 FOOTNOTE REPORTED IN ITS FINANCIAL STATEMENTS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 A DESCRIPTION OF THE UNIVERSITY NON-DISCRIMINATORY POLICY IS PUBLISHED IN THE UNIVERSITY'S ACADEMIC CATALOGS AND JOB LISTINGS ON THE HUMAN RESOURCES WEBSITE. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY PARTICIPATES IN THE FOLLOWING FEDERAL PROGRAMS: - PELLGRANT - SEOG GRANT - AC GRANT - SMART GRANT - BYRD HONOR SCHOLARSHIP - LOANS-SUBSIDIZED AND UNSUBSIDIZED - PLUS LOANS - FEDERAL WORK STUDY EUROPE (INCLUDING ICELAND AND GREENLAND) 4 50 PROGRAM SERVICES EDUCATIONAL PROGRAMS 7018687 EAST ASIA AND THE PACIFIC 1 4 PROGRAM SERVICES EDUCATIONAL PROGRAMS 1911808 SOUTH AMERICA 1 20 PROGRAM SERVICES EDUCATIONAL PROGRAMS 1782013 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES EDUCATIONAL PROGRAMS 205252 EAST ASIA AND THE PACIFIC 0 0 INVESTMENTS 97921134 SOUTH AMERICA 0 0 INVESTMENTS 26195529 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 INVESTMENTS 118304198 SUB-SAHARAN AFRICA 0 0 INVESTMENTS 4798546 6 74 0 0 6 74 258137167 0 258137167 1 0 1 1 1 0 PART I, LINE 3: EXPENSES IDENTIFIED IN COLUMN (F) ARE THE EXPENSES INCURRED IN THE REGION PER THE ORGANIZATION'S GENERAL LEDGER. X X X X X X X 1 RUFFALOCODY 1025 KIRKWOOD PARKWAY SW CEDAR RAPIDS IA 52404 PROGRAM FUNDRAISING 0 222284 253565 -31281 222284 253565 -31281 AK CA KY WAVE CLASSIC GOLF TOURNAMENT 294436 153778 140658 80441 75047 ASSOCIATES DINNER 207850 121000 86850 172410 73612 5 233942 131117 102825 163322 74709 736228 405895 330333 416173 223368 639541 -309208 1 FINANCIAL AID PAID 4721 96604063 PART I, LINE 2: BASIS OF VERIFIED FINANCIAL NEED OR MERIT AND DOES NOT UNLAWFULLY DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL OR ETHNIC ORIGIN, RELIGION, AGE, SEX DISABILITY OR PRIOR MILITARY SERVICE. FINANCIAL ASSISTANCE IS MONITORED SO THAT IT IS IN COMPLIANCE WITH AWARDING TERMS AND CONDITIONS. EXPENDITURES ARE REVIEWED FOR ALLOWABILITY AND COMPLIANCE. STUDENTS ARE REQUIRED TO SUBMIT APPROPRIATE DOCUMENTS PRIOR TO APPROVAL. PART III: CASH GRANTS ARE CREDITS TO STUDENT ACCOUNTS AND THE NUMBER OF RECIPIENTS REPRESENTS ONLY THE NUMBERS OF STUDENTS RECEIVING INSTITUTIONAL FUNDING. OUTSIDE GRANTS, OR APPLICATIONS OF FUNDS PROVIDED BY OUTSIDE AGENCIES (E.G. FEDERAL LOAN PROGRAMS) IS NOT INCLUDED. X X X X X X 1 1 X X X X X 0 1 0 0 0 0 0 1 0 ANDREW K BENTON PRESIDENT AND CEO 411733 0 0 0 93485 0 122521 0 92477 0 720216 0 77854 0 GARY A HANSON EXECUTIVE VICE PRESIDENT AND COO 308916 0 0 0 71420 0 79539 0 73810 0 533685 0 31282 0 SAMUEL K HINKLE SVP FOR ADVANCEMENT 139883 0 10000 0 45400 0 80574 0 99625 0 375482 0 28672 0 PAUL B LASITER VICE PRESIDENT AND CFO 162659 0 0 0 21699 0 83069 0 101342 0 368769 0 9797 0 CHARLES J PIPPIN SENIOR VP & CIO 330137 0 0 0 42154 0 79537 0 21849 0 473677 0 36810 0 DARRYL L TIPPENS PROVOST AND CHIEF ACADEMIC OFFICER 203875 0 0 0 23658 0 66000 0 78091 0 371624 0 0 0 MARC GOODMAN GENERAL COUNSEL 204713 0 0 0 8784 0 20785 0 14714 0 248996 0 0 0 VELIOS KODOMICHALOS DIRECTOR OF INVESTMENTS (THRU 6/14) 228182 0 10000 0 733 0 23315 0 29210 0 291440 0 0 0 LEE KATS VICE PROVOST 211309 0 0 0 5974 0 21320 0 13338 0 251941 0 0 0 LINDA LIVINGSTONE DEAN, GRAZIADIO SCHOOL OF BUS. & MGT 290077 0 0 0 5974 0 25500 0 29767 0 351318 0 0 0 RICK MARRS DEAN, SEAVER COLLEGE 160986 0 0 0 13938 0 51888 0 61032 0 287844 0 0 0 ALEXANDER PANG ASSOCIATE VICE PRESIDENT 168121 0 3500 0 4371 0 16966 0 11045 0 204003 0 0 0 PHIL PHILLIPS CHIEF ADMINISTRATIVE OFFICER 166062 0 10000 0 11456 0 34836 0 79009 0 301363 0 0 0 EDNA POWELL CHIEF BUSINESS OFFICER 192476 0 0 0 2703 0 19650 0 21996 0 236825 0 0 0 MARK ROOSA DEAN, UNIVERSITY LIBRARIES 174344 0 5000 0 1608 0 8949 0 28410 0 218311 0 0 0 JONATHAN SEE CHIEF INFORMATION OFFICER 186124 0 2500 0 587 0 18303 0 13027 0 220541 0 0 0 DEANELL TACHA DEAN, SCHOOL OF LAW 348205 0 0 0 9738 0 25160 0 3975 0 387078 0 0 0 MARGARET WEBER DEAN, GRADUATE SCHOOL OF ED. & PSYCH 129108 0 0 0 23643 0 38161 0 100883 0 291795 0 0 0 JAMES WILBURN DEAN, SCHOOL OF PUBLIC POLICY 218579 0 0 0 4590 0 22866 0 28694 0 274729 0 0 0 RONALD PHILLIPS DEAN EMERITUS, VICE CHANCELLOR 139643 0 20000 0 16822 0 34409 0 87982 0 298856 0 0 0 JACK GREEN PROFESSOR, GRAZIADIO SCHOOL OF BUS. 11145 0 0 0 312558 0 1115 0 163 0 324981 0 0 0 RICK HESSE PROFESSOR, GRAZIADIO SCHOOL OF BUS. 14680 0 0 0 299204 0 1122 0 1552 0 316558 0 0 0 EDWARD J LARSON DARLING PROFESSOR OF LAW 266916 0 0 0 71910 0 25500 0 22270 0 386596 0 0 0 BRUCE SAMUELSON PROFESSOR, GRAZIADIO SCHOOL OF BUS. 11463 0 0 0 274656 0 1195 0 1508 0 288822 0 0 0 LAMAR MARTY WILSON HEAD MEN'S BASKETBALL COACH 269985 0 5000 0 46597 0 25500 0 31377 0 378459 0 0 0 PART I, LINE 1A FIRST CLASS TRAVEL: PURSUANT TO A WRITTEN POLICY AND APPROPRIATE APPROVAL, FIRST CLASS TRAVEL IS PERMITTED TO CERTAIN OFFICERS AND KEY EMPLOYEES FOR BUSINESS PURPOSES. TRAVEL FOR BUSINESS PURPOSES IS NOT INCLUDED IN TAXABLE WAGES. ONE OFFICER LISTED IN FORM 990, PART VII FLEW FIRST CLASS DURING CALENDAR YEAR 2013. TRAVEL FOR COMPANIONS: PURSUANT TO A WRITTEN POLICY, CERTAIN OFFICERS' AND KEY EMPLOYEES' SPOUSES ARE PERMITTED TO TRAVEL ON OCCASION WHEN NECESSARY FOR BUSINESS PURPOSE. TRAVEL FOR BUSINESS PURPOSE IS NOT INCLUDED IN TAXABLE WAGES. TWO OFFICERS LISTED IN FORM 990, PART VII WERE PROVIDED WITH COMPANION TRAVEL FOR BUSINESS PURPOSES DURING CALENDAR YEAR 2013. GROSS-UP PAYMENT: PURSUANT TO CALIFORNIA CIVIL CODE, PEPPERDINE UNIVERSITY PROVIDES GROSS-UP TO EMPLOYEES THAT PROVIDE LATE SUBSTANTIATION OF EXPENSES UNDER ACCOUNTABLE PLAN RULES FOR ORDINARY AND NECESSARY BUSINESS EXPENSES. AS PART OF THE MINISTERIAL HOUSING PROGRAM, PEPPERDINE PROVIDED ADDITIONAL COMPENSATION TO PARTICIPANTS FOR WAGE WITHHOLDING IN AN AMOUNT EQUAL TO THE EMPLOYER'S SHARE OF THE PARTICIPANTS' SELF-EMPLOYMENT TAX. THE INDIVIDUALS LISTED IN FORM 990, PART VII WERE PROVIDED WITH GROSS-UP PAYMENTS DURING CALENDAR YEAR 2013 INCLUDE 1 KEY EMPLOYEE. HOUSING: INCLUDED IN NON-TAXABLE BENEFITS OF EMPLOYEES WHO ARE MINISTERS IS THE VALUE OF HOUSING ALLOWANCE PROVIDED BY PEPPERDINE UNIVERSITY TO MINISTERS. THE PROVISION OF MINISTERIAL HOUSING IS SUBJECT TO EXECUTIVE APPROVAL. THE INDIVIDUALS LISTED IN FORM 990, PART VII WHO WERE PROVIDED WITH MINISTERIAL HOUSING DURING CALENDAR YEAR 2013 INCLUDE 3 OFFICERS AND 4 KEY EMPLOYEES. HOUSING IS PROVIDED FOR 3 OFFICERS AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE EMPLOYER AND IS NOT INCLUDED IN TAXABLE WAGES. SOCIAL CLUBS: TWO OF THE LISTED INDIVIDUALS RECEIVED REIMBURSEMENTS FOR EXPENDITURES ASSOCIATED WITH SOCIAL CLUB MEMBERSHIPS. ALL EXPENDITURES ARE FOR BUSINESS PURPOSES AND ARE APPROVED PURSUANT TO THE UNIVERSITY'S REIMBURSEMENT POLICIES. PERSONAL SERVICE: ONE OFFICER IS PROVIDED CERTAIN HOUSE CLEANING SERVICES IN CONNECTION WITH HIS OCCUPANCY OF ON-CAMPUS HOUSING. THE PROVISION OF SUCH SERVICES IS NOT INCLUDED AS TAXABLE WAGES. PART I, LINE 4B PEPPERDINE UNIVERSITY HAS A INCENTIVE COMPENSATION PLAN FOR CERTAIN KEY EXECUTIVES. UNDER THE PLAN, UPON ACHIEVEMENT OF CERTAIN EXPECTATIONS AND GOALS AND AT THE DISCRETION OF THE BOARD OF DIRECTORS, THE PARTICIPANT WILL RECEIVE A UNIVERSITY CONTRIBUTION TO THE PLAN FOR THAT PLAN YEAR. UNIVERSITY CONTRIBUTIONS TO THE PLAN BECOME GRADUALLY VESTED BEGINNING WITH THE LAST DAY OF THE 3RD PLAN YEAR FOLLOWING THE CONTRIBUTION AND VEST 100% AT THE COMPLETION OF THE 7TH PLAN YEAR FOLLOWING THE AWARD. THE FOLLOWING AMOUNTS WERE AWARDED IN CALENDAR YEAR 2013: ANDREW K BENTON- $97,021 GARY HANSON - $54,039 CHARLES PIPPIN - $54,357 SAMUEL HINKLE - $38,784 PAUL B LASITER - $40,069 THE FOLLOWING AMOUNTS WERE VESTED AND INCLUDED IN THE EMPLOYEE'S COMPENSATION IN 2013: ANDREW K BENTON - $77,854 PAUL LASITER - $9,797 GARY HANSON - $31,282 CHARLES PIPPIN - $36,810 SAMUEL HINKLE - $28,672 UNDER A NONQUALIFIED SUPPLEMENTAL RETIREMENT PLAN, SUBJECT TO THE PERFORMANCE OF FUTURE SERVICES AND OTHER CONDITIONS, PRESIDENT BENTON IS ENTITLED TO RECEIVE COMPENSATION OF APPROXIMATELY ONE YEAR'S SALARY AS THE RESULT OF THE COMPLETION OF FOUR YEARS' SERVICE IN HIS EMPLOYMENT AS PRESIDENT OF PEPPERDINE UNIVERSITY IN 2015. PART I, LINE 7 SEE RESPONSE FOR SCHEDULE J, PART I, LINE 4B. IN ADDITION, BONUSES MAY BE AWARDED UPON THE ACHIEVEMENT OF CERTAIN GOALS. FORM 990, SCHEDULE J, PART II, COLUMN (F) CERTAIN AMOUNTS INCLUDED IN SCHEDULE J, PART II, COLUMN B(III), WERE PREVIOUSLY REPORTED ON THE PRIOR YEAR'S FORM 990, AS AMOUNTS AWARDED UNDER THE INCENTIVE COMPENSATION PLAN DISCLOSED IN RESPONSE TO SCHEDULE J, PART I, LINE 4B. A CEFA SERIES 2005 A&B 521705592 1301757M8 2005-08-03 115673727 REFUND 1996, 1999, 2000, AND 2002 0 0 0 B CALIFORNIA INFRASTRUCTURE BANK SERIES 2010 630304653 13033W4L4 2010-04-28 16347846 REFUND 1999 SERIES A 0 0 0 C CEFA SERIES 2012 521705592 2012-06-05 58548544 REFUND 2003A, CONSTRUCTION, EQUIPMENT, AND FACILITIES 0 0 0 A 115673727 1058759 1236320 676451 112702197 1 1 1 1 B 16347846 319146 16028700 1 0 1 1 C 1490000 58548544 618936 11812381 46117227 2013 1 0 1 1 C 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 1 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 PART IV, LINE 2C, COLUMN A DATE THE REBATE COMPUTATION WAS PERFORMED: AUGUST 2012 MARK ROOSA KEY EMPLOYEE HOUSING X 200000 200000 0 0 1 LAMAR MARTY WILSON HIGHEST PAID HOUSING X 82649 82649 0 0 1 282649 AKAMINE PHILLIPS JENNIFER DAUGHTER-IN-LAW OF REGENT 48058 EMPLOYEE 0 BOST STEPHEN SON OF REGENT 68389 EMPLOYEE 0 GOODMAN CHRISTINE SPOUSE OF KEY EMPLOYEE 176179 EMPLOYEE 0 MARMION ALEXANDRA SPOUSE OF KEY EMPLOYEE 121995 EMPLOYEE 0 MARRS JEREMY SON OF KEY EMPLOYEE 20088 EMPLOYEE 0 MARRS NICOLE DAUGHTER-IN-LAW OF KEY EMPLOYEE 88680 EMPLOYEE 0 PANG LILY SPOUSE OF KEY EMPLOYEE 103864 EMPLOYEE 0 PHILLIPS LANDON SON OF REGENT 59686 EMPLOYEE 0 PHILLIPS SHANNON SISTER-IN-LAW OF KEY EMPLOYEE 153534 EMPLOYEE 0 WEBER DANIEL SON OF KEY EMPLOYEE 38944 EMPLOYEE 0 BOST THOMAS SPOUSE OF REGENT 229699 EMPLOYEE 0 X 1 1 BOOK VALUE X 65 BOOK VALUE X 442 FMV X 32 2979482 FMV X 3 2990348 APPRAISAL X 9 9 BOOK VALUE X 4 98 FMV X OTHER 112 20002 FMV 5 0 1 0 FORM 990, PART I, LINE 1 AND PART III, LINE 1: PEPPERDINE UNIVERSITY IS AN INDEPENDENT, PRIVATE CHRISTIAN UNIVERSITY COMMITTED TO THE HIGHEST STANDARDS OF EXCELLENCE AND CHRISTIAN VALUES, WHERE STUDENTS ARE STRENGTHENED FOR LIVES OF SERVICE, PURPOSE, AND LEADERSHIP. THE UNIVERSITY ENROLLS APPROXIMATELY 7,500 STUDENTS IN ITS FIVE COLLEGES AND SCHOOLS. SEAVER COLLEGE, THE UNIVERSITY'S UNDERGRADUATE LIBERAL ARTS COLLEGE, THE SCHOOL OF LAW, AND THE SCHOOL OF PUBLIC POLICY ARE HEADQUARTERED ON 830 ACRES IN THE SANTA MONICA MOUNTAINS OVERLOOKING THE PACIFIC OCEAN IN MALIBU, CA. THE GRADUATE SCHOOL OF EDUCATION AND PSYCHOLOGY AND THE GEORGE L. GRAZIADIO SCHOOL OF BUSINESS AND MANAGEMENT ARE HEADQUARTERED IN PEPPERDINE UNIVERSITY'S FACILITY IN WEST LOS ANGELES. FORM 990, PART I, LINE 5 AND PART V, LINE 2A: NUMBER OF EMPLOYEES INCLUDES STUDENT WORKERS. FORM 990, PART I, LINE 6: THERE ARE A NUMBER OF STUDENTS AND ALUMNI THAT VOLUNTEER THEIR TIME FOR VARIOUS PURPOSES AT THE UNIVERSITY. THESE VOLUNTEERS, HOWEVER, ARE NOT FORMALLY TRACKED BY THE UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 1 THE BOARD OF REGENTS OF PEPPERDINE UNIVERSITY HAS AN EXECUTIVE COMMITTEE WHICH MAY ACT FOR AND IN PLACE OF THE BOARD OF REGENTS BETWEEN REGULAR BOARD MEETINGS AND DURING ANY RECESS. ONLY REGENTS CAN BE MEMBERS OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE HAS THE POWER TO TRANSACT BUSINESS ON BEHALF OF THE BOARD IN BETWEEN MEETINGS OF THE BOARD OF REGENTS, SUBJECT TO ANY LIMITATIONS IMPOSED BY THE BOARD OF REGENTS, THE BYLAWS, OR APPLICABLE LAW. FORM 990, PART VI, SECTION B, LINE 11 INFORMATION IS SUPPLIED BY THE UNIVERSITY TO THE PAID PREPARER TO PREPARE THE RETURN. A DRAFT VERSION OF THE FORM 990 IS PROVIDED TO SENIOR MANAGEMENT AND THE AUDIT COMMITTEE FOR REVIEW. CHANGES/COMMENTS ARE SUBMITTED TO MANAGEMENT AND ANY NECESSARY CHANGES ARE MADE PRIOR TO THE FINAL REVIEW AND SIGNING OF THE TAX RETURN BY THE UNIVERSITY'S INDEPENDENT AUDITORS/TAX CONSULTANTS. A FULL COPY OF THE 990 IS PROVIDED TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER, REGENT, AND KEY EMPLOYEE IS REQUIRED TO DISCLOSE ANNUALLY, IN WRITING, ANY FINANCIAL OR BUSINESS RELATIONSHIPS THAT HE OR SHE, OR ANY FAMILY MEMBER HAS WITH PEPPERDINE UNIVERSITY. THESE REGENT AND OFFICER DISCLOSURES ARE REVIEWED BY THE BOARD OF REGENTS. ALL OTHER EMPLOYEE DISCLOSURES ARE REVIEWED BY GENERAL COUNSEL AND THE EXECUTIVE VICE PRESIDENT. ALL CONFLICT SITUATIONS ARE RESOLVED AT THIS REVIEW IN ACCORDANCE WITH THE UNIVERSITY'S CONFLICT OF INTEREST POLICY. IF A CONFLICT OF IS FOUND FOR A REGENT, THE REGENT IS ASKED TO RECUSE HIM OR HERSELF FROM THE MATTER. RESOLUTION OF CONFLICTS FOR OFFICERS AND OTHER EMPLOYEES ARE OVERSEEN BY GENERAL COUNSEL. FORM 990, PART VI, SECTION B, LINE 14 INDIVIDUAL DEPARTMENTS MAY HAVE A DOCUMENT RETENTION AND DESTRUCTION POLICY THAT IS APPLICABLE TO THE NATURE OF THE INFORMATION THAT THEY COLLECT. THERE IS A UNIVERSITY-WIDE DOCUMENT RETENTION AND DESTRUCTION POLICY, BUT IT IS NOT APPROVED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 PEPPERDINE UNIVERSITY'S BOARD OF REGENTS REVIEWS THE COMPENSATION OF THE PRESIDENT, PROVOST, EXECUTIVE VICE PRESIDENT, CHIEF INVESTMENT OFFICER, VICE PRESIDENT FOR ADVANCEMENT AND CHIEF FINANCIAL OFFICER ON AN ANNUAL BASIS. THE BOARD OF REGENTS CONSIDERS MARKET DATA AND ANALYSIS ASSEMBLED BY INDEPENDENT COMPENSATION CONSULTANTS. THE DELIBERATIONS ARE REFLECTED IN A TRANSACTION REPORT WHICH SUMMARIZES THE DECISIONS MADE BY THE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 18 THE UNIVERSITY'S FORM 990 IS AVAILABLE ON GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY'S FINANCIAL STATEMENTS ARE MADE AVAILABLE VIA THE UNIVERSITY'S WEBSITE. THE UNIVERSITY DOES NOT MAKE ITS CONFLICT OF INTEREST POLICIES AND GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A: CERTAIN REGENTS AND OFFICERS LISTED IN PART VII, SECTION ALSO SERVE ON THE BOARDS OF WAVE SERVICES, INC., WAVE ENTERPRISES, INC., AND WAVE PROPERTY, INC. FORM 990, PART XI, LINE 9: ADJUSTMENT OF ACTUARIAL LIABILITY 3,013,700. ENDOWMENT SUPPORT 33,651,347. CHANGE IN NET ASSETS OF SUBSIDIARIES 10,348,354. UBI FROM ALTERNATIVE INVESTMENTS -642,061. WAVE VENTURES LLC 24255 PACIFIC COAST HIGHWAY MAILBU CA 90263 464526544 SUPPORT PEPPERDINE UNIVERSITY CA 0 0 PEPPERDINE UNIVERSITY WAVE ENTERPRISES INC 24255 PACIFIC COAST HIGHWAY MALIBU CA 90263 954274572 SUPPORT PEPPERDINE UNIVERSITY CA 501(C)(3) LINE 11A, I PEPPERDINE UNIVERSITY 1 WAVE SERVICES INC 24255 PACIFIC COAST HIGHWAY MALIBU CA 90263 954315778 SUPPORT PEPPERDINE UNIVERSITY CA 501(C)(3) LINE 11A, I PEPPERDINE UNIVERSITY 1 WAVE PROPERTY INC 24255 PACIFIC COAST HIGHWAY MALIBU CA 90263 954297104 SUPPORT PEPPERDINE UNIVERSITY CA 501(C)(3) LINE 11A, I PEPPERDINE UNIVERSITY 1 PEPPERDINE UNIVERSITY (USA) IN LONDON UK 56 PRINCES GATE LONDON UK SW7 2PG EDUCATION UK PEPPERDINE UNIVERSITY 1 PEPPERDINE ARGENTINA SRL 11 DE SEPTIEMBRE 955 BUENOS AIRES AR 1426 CAP F EDUCATION AR PEPPERDINE UNIVERSITY 1 PEPPERDINE UNIVERSITY LAUSANNE (SWITZ) LA CROISEE AV MARC-DUFOUR 15 LAUSANNE SZ EDUCATION SZ PEPPERDINE UNIVERSITY 1 CINDERELLA IMMOBILIARE SRL VIALE MILTON 41 FLORENCE IT 50129 EDUCATION IT PEPPERDINE UNIVERSITY 1 ANDURIL HOLDINGS LLC 310 ALDER ROAD PO BOX 841 DOVER DE 19904 010935824 INVESTMENTS DE PEPPERDINE UNIVERSITY EXCLUDED 179612 1157441 0 0 0.99000 CHARITABLE REMAINDER TRUSTS (3) INVESTING CA N/A T 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 WAVE PROPERTY INC R 888410 BOOK VALUE WAVE ENTERPRISES INC C 1000000 BOOK VALUE