2015-04-04T10:02:07-05:00 2014-05-31 BDO USA LLP 7101 WISCONSIN AVE SUITE 800 BETHESDA MD 208144827 990 2013-06-01 560529940 CAMPBELL UNIVERSITY INC % JAMES O ROBERTS CAMP 9108931240 POST OFFICE BOX 97 Suite BUIES CREEK NC 27506 JAMES O ROBERTS SECRETARY 9108931240 2015-04-01 true Mike Sorrells P00001737 9108931240 2013 2016-02-25 16:41:14Z JERRY M WALLACE POST OFFICE BOX 97 BUIES CREEK NC 27506 3583772659 false X WWW.CAMPBELL.EDU X 1887 NC TO GRADUATE STUDENTS WITH EXEMPLARY ACADEMIC AND PROFESSIONAL SKILLS WHO ARE PREPARED FOR PURPOSEFUL LIVES AND MEANINGFUL SERVICE. 46 43 2762 50 282422 84711 28333669 24917630 140263155 151745922 9004780 11489186 2104851 1219543 179706455 189372281 53318117 56636997 0 0 56997961 63772989 0 0 2990450 51014885 59225023 161330963 179635009 18375492 9737272 447010489 460435238 96629941 94655351 350380548 365779887 X TO GRADUATE STUDENTS WITH EXEMPLARY ACADEMIC AND PROFESSIONAL SKILLS WHO ARE PREPARED FOR PURPOSEFUL LIVES AND MEANINGFUL SERVICE. false false 99160254 130709536 STUDENT EDUCATION SERVICES INCLUDING EDUCATION ADMINISTRATION AND INSTITUTIONAL SUPPORT. THE UNIVERSITY SERVED APPROXIMATELY 4,859 FULL-TIME STUDENTS AND 1,385 PART-TIME STUDENTS. THE UNIVERSITY OFFERS UNDERGRADUATE, GRADUATE AND PROFESSIONAL DEGREES IN ARTS AND SCIENCES, LAW, DIVINITY, PHARMACY, CLINICAL RESEARCH, EDUCATION, BUSINESS, OSTEOPATHIC MEDICINE, PHYSICAL THERAPY, PHYSICIAN ASSISTANT PRACTICE AND PUBLIC HEALTH. 56636997 56636997 STUDENT AID TO QUALIFIED STUDENTS 9658598 18862618 AUXILIARY ENTERPRISES INCLUDING STUDENT HOUSING, FOOD SERVICES, BOOKSTORE, AND OPERATION OF KEITH HILLS GOLF COURSE. 1754970 2173768 167210819 true true false false false false false false false true true false false false true true false true true false true false false false false false false false true true true false false false false false false false false false true true false false false true true false false false true 347 0 true 2762 true true true false false false false true true false false false false X 46 43 true false false false false false false true true false false true true true true true false true true false NC X JAMES O ROBERTS 9108931240 POST OFFICE BOX 97 BUIES CREEK NC 27506 X BENJAMIN N THOMPSON CHAIR 8.0 X X 0 0 0 THOMAS J KEITH VICE-CHAIR 5.0 1.0 X X 0 0 0 CHARLES ALLARD TRUSTEE 2.0 X 0 0 0 ROBERT J BARKER TRUSTEE 2.0 1.0 X 0 0 0 GUILFORD W BASS TRUSTEE 2.0 X 0 0 0 RAYMOND A BRYAN JR TRUSTEE 2.0 1.0 X 0 0 0 WILLIAM E BYRD TRUSTEE 2.0 1.0 X 0 0 0 TEDDY JAMES BYRD TRUSTEE 2.0 X 0 0 0 R HENRY CAPPS JR TRUSTEE 3.0 X 0 0 0 DAVID K CLARK TRUSTEE 2.0 X 0 0 0 ROGERS CLARK TRUSTEE 2.0 1.0 X 0 0 0 ALLISON C COBB TRUSTEE 2.0 X 0 0 0 DAVID T COURIE SR TRUSTEE 2.0 X 0 0 0 JAMES H CROSSINGHAM TRUSTEE 2.0 X 0 0 0 MICHAEL CUMMINGS TRUSTEE 2.0 X 0 0 0 LEAH DEVLIN TRUSTEE 3.0 X 0 0 0 ANNABELLE L FETTERMAN TRUSTEE 2.0 X 0 0 0 DEXTER FLOYD TRUSTEE 2.0 X 0 0 0 COREY D FURMAN TRUSTEE 2.0 X 0 0 0 EDWARD M GORE SR TRUSTEE 3.0 2.0 X 0 0 0 DAVID J HAILEY TRUSTEE 2.0 X 0 0 0 JOSEPH C HALL JR TRUSTEE 2.0 X 0 0 0 OSCAR N HARRIS TRUSTEE 2.0 X 0 0 0 FRANK B HOLDING SR TRUSTEE 2.0 1.0 X 0 0 0 ESTER HOWARD TRUSTEE 2.0 X 0 0 0 ANNA DREW KIRK TRUSTEE 2.0 X 0 0 0 CARLTON MARTIN TRUSTEE 2.0 X 0 0 0 HUGH GORDON MAXWELL III TRUSTEE 2.0 X 0 0 0 CARLIE C MCLAMB TRUSTEE 2.0 X 0 0 0 BERNARD F MCLEOD JR TRUSTEE 2.0 X 0 0 0 JOHN A MCNEILL JR TRUSTEE 3.0 X 0 0 0 VANCE NEAL TRUSTEE 2.0 X 0 0 0 WILLIAM PULLY TRUSTEE 2.0 X 0 0 0 ROBERT RANSDELL TRUSTEE 2.0 X 0 0 0 HENRY L SMITH TRUSTEE 2.0 X 0 0 0 FREDERICK H TAYLOR TRUSTEE 2.0 1.0 X 0 0 0 LISA VAUGHN TRUSTEE 2.0 X 0 0 0 BARBARA WALKER TRUSTEE 2.0 X 0 0 0 JACK G WATTS SR TRUSTEE 2.0 X 0 0 0 ROBERT P WELLONS TRUSTEE 2.0 X 0 0 0 ROBERT L WHITEMAN JR TRUSTEE 2.0 X 0 0 0 MELBA L WILLIAMS TRUSTEE 2.0 X 0 0 0 HARRY G WOMBLE TRUSTEE 2.0 X 0 0 0 THOMAS C WOMBLE TRUSTEE 2.0 X 0 0 0 LUBY E WOOD TRUSTEE 2.0 1.0 X 0 0 0 BILLY T WOODARD TRUSTEE 2.0 1.0 X 0 0 0 HELEN CURRIN LIFETIME TRUSTEE 2.0 X 0 0 0 SADIE NEEL LIFETIME TRUSTEE 2.0 X 0 0 0 WILLARD D SMALL LIFETIME TRUSTEE 2.0 X 0 0 0 JERRY WALLACE PRESIDENT 65.0 1.0 X 363555 0 60598 JAMES O ROBERTS SECRETARY 60.0 1.0 X 128280 0 16210 JOHN KAUFFMAN DEAN, COLLEGE OF OSTEOPATHIC M 60.0 X 340704 0 27169 RONALD MADDOX VP, HEALTH PROGRAMS 50.0 X 261845 0 26720 BRIAN KESSLER ASSOC DEAN, CLINICAL AFFAIRS 60.0 X 230800 0 17952 MELISSA ESSARY PROFESSOR, SCHOOL OF LAW 50.0 X 119314 0 7650 WILLIAM MORRIS CHAIR, OSTEOPATHIC MANIPULATIV 50.0 X 127601 0 12010 1572099 0 168309 108 false true false PARISH GROUP 8 CRESCENT COURT WEAVERVILLE NC 28787 PUBLICATIONS 822243 LITTLE ASSOCIATES ARCHITECTS 5815 WESTPARK DRIVE CHARLOTTE NC 28217 ARCHITECTURAL/DESIGN 438263 BDO USA LLP 5430 WADE PARK BLVD STE 208 RALEIGH NC 27607 AUDIT/ACCOUNTING/TAX 327039 TRI-TRONICS PROFESSIONAL ELECTRONIC PO BOX 1055 LILLINGTON NC 27546 ELECTRONICS 107599 4 15481495 9436135 1509343 24917630 TUITION & FEES 900099 130709536 130709536 AUXILIARY ENTERPRISES 713910 18862618 18835125 27493 ATHLETICS, STUDENT SVC 900099 1234628 1234628 NCAA CONFERENCE INCOME 900099 652018 652018 SCHOOLS & CAMPS 611710 208595 85427 123168 78527 78527 151745922 2148030 2148030 0 0 234077 234077 0 234077 129714 104363 3403604449 3394263293 9341156 9341156 9341156 0 0 144328 137085 7243 7243 TUNKU ABDUL RAHMAN COLLEGE 900099 497084 497084 OTHER REVENUE 900099 397497 370099 27398 PHARMACY ANALYTICAL LAB 541380 83642 83642 978223 189372281 152599401 282422 11572828 0 56636997 56636997 0 0 568644 424154 144490 0 52324391 49803535 1418360 1102496 2970311 2800004 111310 58997 4022486 2720826 1213105 88555 3887157 3688512 117866 80779 0 50322 50322 216848 216848 0 0 0 3883780 3680885 198728 4167 1812402 1507759 304643 862367 808799 40900 12668 2762633 2733675 28578 380 0 9921281 9843653 30863 46765 3167140 2928155 192713 46272 0 627378 461782 71058 94538 2448638 2448638 0 10185351 10185351 2670894 471339 2191377 8178 INSTRUCTIONAL SERVICES 9248698 9248698 AUXILIARY ENTERPRISES 6210863 6210863 STUDENT SERVICES 2605321 2431378 173943 OTHER EXPENSES 2551107 624454 958584 968069 179635009 167210819 9433740 2990450 5187 6917 62897599 56787761 9608665 9355190 6168912 8726919 0 0 0 0 7587638 6082148 789178 746913 1227 102334 316245443 79763699 231078232 236481744 123159953 136049325 2031950 2477119 0 0 0 0 3681948 3618868 447010489 460435238 6238602 7834772 0 0 3432632 3532849 63140000 60460435 0 0 0 0 5657 0 0 0 23813050 22827295 96629941 94655351 X 196668230 196518172 71421650 79080986 82290668 90180729 350380548 365779887 447010489 460435238 X 9737272 5647424 14643 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 113697055 2546682 12193482 3867465 124569754 110431192 4485771 18442879 1142706 132217136 115349711 1306258 4102144 2122633 118635480 94506443 2335673 21674569 3166974 115349711 93538443 3670701 12838493 2264209 107783428 0.72247 0.27753 false false 791050 22392120 23183170 245715221 54590178 191125043 41194 16478 24716 17782546 6208966 11573580 29523312 18948077 10575235 236481744 0 ADVANCES & DEPOSITS 3296500 ANNUITIES PAYABLE 7117853 ADVANCES FROM GOVT FOR FEDERAL LOANS 3962659 SWAP DERIVATIVES 7001782 OTHER 1448501 22827295 X FORM 990, SCHEDULE D, PART V, LINE 1: THE PRIOR YEAR ENDING BALANCE IN THE ENDOWMENT WAS REDUCED BY $18,520,081 DUE TO CORRECTIONS DISCOVERED DURING THE 5/31/14 FINANCIAL STATEMENT AUDIT. FORM 990, SCHEDULE D, PART V, LINE 4: THE MISSION OF CAMPBELL UNIVERSITY'S ENDOWMENT IS TO SUPPORT THE UNIVERSITY'S ACTIVITIES IN PERPETUITY WHILE MAINTAINING INTERGENERATIONAL EQUITY. OVER THE YEARS, THE GROWTH OF THE ENDOWMENT HAS ENABLED THE UNIVERSITY TO IMPROVE FINANCIAL AID PACKAGES, BUILD THE FACULTY, LAUNCH PROGRAMS AND SUPPORT A WIDE RANGE OF IMPORTANT NEEDS. THE PURPOSE OF THE BULK OF THE UNIVERSITY'S ENDOWMENT IS TO PROVIDE MERIT AND NEED-BASED SCHOLARSHIPS TO STUDENTS. FUNDING IS ALSO PROVIDED BY THE ENDOWMENT FOR PROFESSORSHIPS AND LECTURE SERIES. FORM 990, SCHEDULE D, PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. WITH RESPECT TO ANY UNRELATED BUSINESS INCOME GENERATED BY THE UNIVERSITY, IT RECORDS INCOME TAXES USING THE LIABILITY METHOD UNDER WHICH DEFERRED TAX ASSETS AND LIABILITIES ARE DETERMINED BASED ON THE DIFFERENCES BETWEEN THE FINANCIAL ACCOUNTING AND TAX BASES OF ASSETS AND LIABILITIES. DEFERRED TAX ASSETS OR LIABILITIES AT THE END OF EACH PERIOD ARE DETERMINED USING THE CURRENTLY ENACTED TAX RATE EXPECTED TO APPLY TO TAXABLE INCOME IN THE PERIOD THAT THE DEFERRED TAX ASSET OR LIABILITY IS EXPECTED TO BE REALIZED OR TO BE SETTLED. AS OF MAY 31, 2014 AND 2013, THE UNIVERSITY HAD NO DEFERRED TAX ASSETS OR LIABILITIES, NET OF VALUATION ALLOWANCES. true true true true true true true false false false false false false false false true false true FORM 990, SCHEDULE E, LINE 3: EXPLANATION OF NONDISCRIMINATION POLICY: THE UNIVERSITY'S NONDISCRIMINATION POLICY IS AVAILABLE ON THE UNIVERSITY'S WEBSITE. THE FOLLOWING LINK IS PUBLISHED IN ALL UNIVERSITY ADS, THE UNIVERSITY NEWSPAPER AND UNIVERSITY CATALOGS AND PUBLICATIONS: "EEO/AA/MINORITIES/FEMALES/DISABLED/PROTECTED VETERANS" http://www.campbell.edu/employment CAMPBELL UNIVERSITY AFFIRMS ITS STANDING POLICY OF NONDISCRIMINATION IN EMPLOYMENT AND IN ALL OF ITS PROGRAMS AND ACTIVITIES, WITH RESPECT TO RACE, CREED, COLOR, SEX, GENDER, AGE, RELIGION, NATIONAL ORIGIN, DISABILITY, OR STATUS AS A VETERAN, EXCEPT WHERE EXEMPTION IS APPROPRIATE AND ALLOWED BY LAW. FORM 990, SCHEDULE E, LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID: CAMPBELL UNIVERSITY RECEIVES THE FOLLOWING FEDERAL AID FROM THE US DEPARTMENT OF EDUCATION: FEDERAL WORK-STUDY PROGRAM, PELL GRANT, SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT, PERKINS LOANS, FEDERAL DIRECT STUDENT LOANS, TEACHER EDUCATION ASSISTANCE GRANT, COLLEGE ACCESS CHALLENGE GRANT. US DEPARTMENT OF DEFENSE: RESERVE OFFICER TRAINING CORPS East Asia and the Pacific 0 0 Program Services PROVIDE B.S. DEGREE 20559 Europe (Including Iceland and Greenland) 0 0 Program Services STUDY ABROAD PROGRAM 65116 Central America and the Caribbean 0 0 Program Services STUDY ABROAD PROGRAM 5665 East Asia and the Pacific 0 0 Program Services STUDY ABROAD PROGRAM 4969 Sub-Saharan Africa 0 0 Program Services MISSION TRIP 10100 0 0 0 0 106409 106409 true false false false false false true INSTITUTIONAL AID 3360 36311038 DIRECT AID SCHOLARSHIPS 394 1036474 ENDOWED SCHOLARSHIPS 1642 3131177 STATE FUNDS FOR UNIVERSITY STUDENTS 2072 8877454 FEDERAL FUNDS FOR UNIVERSITY STUDENTS 4661 7280854 FORM 990, SCHEDULE I, PART I, LINE 2: CAMPBELL UNIVERSITY PARTICIPATES IN BOTH FEDERAL AND STATE GRANT PROGRAMS. ALL GRANT PROGRAMS INCLUDE ELIGIBILITY REQUIREMENTS, REPORTING REQUIREMENTS AND FUND MANAGEMENT REGULATIONS AND GUIDELINES. STUDENTS ARE AWARDED ACCORDING TO EACH PROGRAM'S GUIDELINES ONCE ELIGIBILITY HAS BEEN DETERMINED FOR THAT FUND. ELIGIBILITY IS REVIEWED BEFORE TRANSMITTAL/DISBURSEMENT TO THE STUDENT'S ACCOUNT. EACH FEDERAL AND STATE PROGRAM HAS PREDETERMINED REPORTING GUIDELINES AND STANDARDS. THE FUNDS ARE RECONCILED AND FUND BUDGETS ARE REVIEWED MONTHLY. X X true true X X X X false true false false false false false false false JERRY WALLACE PRESIDENT 328660 0 0 0 34895 0 54598 0 6000 0 424153 0 0 0 JOHN KAUFFMAN DEAN, COLLEGE OF OSTEOPATHIC M 340704 0 0 0 0 0 27169 0 0 367873 0 0 0 RONALD MADDOX VP, HEALTH PROGRAMS 261845 0 0 0 0 0 21560 0 5160 0 288565 0 0 0 BRIAN KESSLER ASSOC DEAN, CLINICAL AFFAIRS 230800 0 0 0 0 0 17952 0 0 248752 0 0 0 FORM 990, SCHEDULE J, PART I, LINE 1A: UNIVERSITY LEASES THE HOME OF THE PRESIDENT OF THE UNIVERSITY, DR. JERRY M. WALLACE, AND REIMBURSES HIM FOR SOME EXPENSES OF THE HOME. ADDITIONAL SERVICES INCLUDING CLEANING AND LAWN MAINTENANCE ARE PROVIDED BY THE UNIVERSITY. FORM 1099-M IS ISSUED TO DR. WALLACE ANNUALLY REPORTING RENTAL INCOME. Form 990, Schedule J, Part I, Line 4b Dr. Wallace participates in a 457(f) non-qualified plan. $28,038 was contributed to the plan during the year. A NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY 561592154 65818PHHS 2009-08-20 70000000 NON HOSPITAL (SECTION 145 (B)) false false false A 9540000 0 70000000 0 0 16887928 172600 0 0 52939472 0 0 2011 true false true true A false false false false 0 false false false true A false false false true false false 0 false 0 false false A FORM 990, SCHEDULE K, PART IV, ARBITRAGE, LINE 2C: (A) ISSUER NAME: NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 02/27/2012 JERRY WALLACE UNIVERSITY PRESIDENT 97546 DR. WALLACE'S DAUGHTER IS EMPL false JAMES ROBERTS OFFICER 25716 ROBERTS' SON, DAUGHTER & SON-I false RAYMOND A BRYAN JR TRUSTEE 5239432 BRYAN IS CHAIR OF T.A. LOVING false FRANK B HOLDING SR TRUSTEE 184604540 HOLDING IS EXECUTIVE VICE CHAI false JAMES CROSSINGHAM TRUSTEE 506600 THE UNIVERSITY HOLDS FOR INVES false VANCE NEAL TRUSTEE 135035 NEAL FOUNDED SHORT STOP FOOD M false ROBERT P WELLONS TRUSTEE 534700 WELLONS OWNS & OPERATES WELLON false SCHEDULE L, PART IV - BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: JERRY WALLACE (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: UNIVERSITY PRESIDENT (C) AMOUNT OF TRANSACTION: $97,546 (D) DESCRIPTION OF TRANSACTION: DR. WALLACE'S DAUGHTER IS EMPLOYED BY THE UNIVERSITY AS A PROFESSOR (E) SHARING OF ORGANIZATION REVENUES? = NO (A) NAME OF PERSON: JAMES ROBERTS (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: OFFICER (C) AMOUNT OF TRANSACTION: $25,716 (D) DESCRIPTION OF TRANSACTION: ROBERTS' SON, DAUGHTER & SON-IN-LAW EMPLOYED FOR VARIOUS PERIODS OF THE YEAR. NEITHER INDIVIDUAL DIRECTLY REPORTS TO ROBERTS AND ALL WERE QUALIFIED FOR POSITIONS WHEN HIRED (E) SHARING OF ORGANIZATION REVENUES? = NO (A) NAME OF PERSON: RAYMOND A. BRYAN, JR. (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: TRUSTEE (C) AMOUNT OF TRANSACTION: $5,239,432 (D) DESCRIPTION OF TRANSACTION: BRYAN IS CHAIR OF T.A. LOVING COMPANY, INC. THE UNIVERSITY CONTRACTS WITH THE COMPANY ON MAJOR CONSTRUCTION PROJECTS. (E) SHARING OF ORGANIZATION REVENUES? = NO (A) NAME OF PERSON: FRANK B. HOLDING, SR. (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: TRUSTEE (C) AMOUNT OF TRANSACTION: $184,604,540 (D) DESCRIPTION OF TRANSACTION: HOLDING WAS EXECUTIVE VICE CHAIR & A DIRECTOR OF FIRST CITIZENS BANK, WITH WHICH THE UNIVERSITY HOLDS VARIOUS CASH, CD & TRUST ACCOUNTS. THE UNIVERSITY INVESTS ENDOWMENT AND OTHER FUND ASSETS WITH FIRST CITIZENS WEALTH MANAGEMENT. THE UNIVERSITY ALSO HELD FOR INVESTMENT VARIOUS STOCKS IN FIRST CITIZENS BANK WITH A FMV OF APPROX $7.3 MILLION AT 5/31/14. THE STOCK HAS SUBSEQUENTLY BEEN SOLD. HOLDING HAS RETIRED FROM ALL POSITIONS AT FIRST CITIZENS. (E) SHARING OF ORGANIZATION REVENUES? = NO (A) NAME OF PERSON: JAMES CROSSINGHAM (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: TRUSTEE (C) AMOUNT OF TRANSACTION: $506,600 (D) DESCRIPTION OF TRANSACTION: THE UNIVERSITY HOLDS FOR INVESTMENT SPENCER'S INCORPORATED OF MT. AIRY CLOSELY-HELD STOCK WITH AN APPRAISED VALUE OF $506,600. CROSSINGHAM IS OWNER OF SPENCER'S INC. (E) SHARING OF ORGANIZATION REVENUES? = NO (A) NAME OF PERSON: VANCE NEAL (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: TRUSTEE (C) AMOUNT OF TRANSACTION: $135,035 (D) DESCRIPTION OF TRANSACTION: NEAL FOUNDED SHORT STOP FOOD MARTS (NOW RETIRED). THE BUSINESS IS FAMILY-OWNED. THE UNIVERSITY LEASES PROPERTY TO SHORT STOP AND PURCHASES FUEL FROM THE BUSINESS. (E) SHARING OF ORGANIZATION REVENUES? = NO (A) NAME OF PERSON: ROBERT P. WELLONS (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: TRUSTEE (C) AMOUNT OF TRANSACTION: $534,700 (D) DESCRIPTION OF TRANSACTION: WELLONS OWNS & OPERATES WELLONS CONSTRUCTION WITH WHICH THE UNIVERSITY CONTRACTS WITH FOR CONSTRUCTION PROJECTS. (E) SHARING OF ORGANIZATION REVENUES? = NO X 68 1421343 FMV ON DATE OF GIFT X 1 88000 APPRAISAL 43 false false false FORM 990, PART III, LINE 4D - OTHER PROGRAM SERVICES: OTHER PROGRAM SERVICES INCLUDE SECURITY PROVIDED TO THE COMMUNITY, UNIVERSITY PERFORMING ARTS SERIES, COMMUNITY RELATIONS EXPENDITURES, AND PAYMENTS TO ANNUITANTS UNDER CHARITABLE TRUST AGREEMENTS. FORM 990, PART VI, SECTION A, LINE 2: Brothers, David Clark and Rogers Clark both serve as Trustees. They own and operate several businesses together including, Sampson-Bladen Oil Co., Waccamaw Transport, Inc., Clark Brothers Dodge, Inc., Clearwater Enterprises, Inc., & Clark Brothers LLC. In addition, trustee Gordon Maxwell III has business relationships with David & Rogers Clark (purchases fuel from their business), Dexter Floyd and Carlton Martin, and a banking relationship with Trustee Frank Holding Sr. William E. Byrd and Thomas J. Keith co-own real estate. A number of trustees likely have banking relationship with First Citizens Bank (Frank B. Holding, Sr.) Oscar Harris serves as Carlie C. McLamb's certified public accountant. Gordon Maxwell, Luther Starling and Benjamin Thompson have various business relationships with other trustees. FORM 990, PART VI, SECTION B, LINE 11B: THE UNIVERSITY PROVIDED DRAFT COPIES OF FORM 990 FOR THE YEAR ENDED 5/31/14 TO ALL VOTING MEMBERS OF THE BOARD OF TRUSTEES. THE DRAFT COPY WAS EMAILED TO ALL TRUSTEES. ALL MEMBERS WERE REQUESTED TO RESPOND TO THE VICE-PRESIDENT FOR BUSINESS AND TREASURER CONFIRMING REVIEW AND WITH APPROVAL FOR FILING. DETAILED REVIEW WAS COMPLETED BY THE UNIVERSITY'S VICE-PRESIDENT FOR BUSINESS AND TREASURER, COMPTROLLER AND ASSISTANT COMPTROLLER PRIOR TO THE RELEASE OF THE DRAFT TO THE TRUSTEES AND BEFORE SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C: MEMBERS OF THE BOARD OF TRUSTEES ABSTAIN FROM VOTING IF THE VOTE INVOLVES: 1) AN ENTITY IN WHICH THE TRUSTEE HAS A MATERIAL FINANCIAL INTEREST OR IN WHICH THE TRUSTEE IS A GENERAL PARTNER OF A PARTY TO A TRANSACTION WITH THE UNIVERSITY; OR 2) ANOTHER ENTITY OF WHICH THE TRUSTEE IS A BOARD MEMBER OR AN OFFICER AND WHEN THE ENTITY IS A PARTY TO THE TRANSACTION AND THE TRANSACTION IS OR SHOULD BE CONSIDERED BY THE BOARD. ADDITIONALLY, THE UNIVERSITY REQUESTS EACH MEMBER OF ITS BOARD OF TRUSTEES COMPLETE A "CONFLICT OF INTEREST DISCLOSURE QUESTIONNAIRE". THESE ARE REVIEWED BY THE VICE-PRESIDENT FOR BUSINESS AND TREASURER. FORM 990, PART VI, SECTION B, LINES 15A & 15B: THE PRESIDENT'S COMPENSATION IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. AN EVALUATION OF THE PRESIDENT'S PERFORMANCE IN ALL AREAS OF RESPONSIBILITY IS COMPLETED AND DOCUMENTED. A COMPARISON OF PERFORMANCE BETWEEN YEARS IS REVIEWED. EXTERNAL AND PUBLISHED DATA FROM PEER INSTITUTIONS IS REVIEWED FOR REASONABLENESS OF COMPENSATION. THE PRESIDENT OF THE UNIVERSITY ANNUALLY REVIEWS COMPENSATION USING PUBLISHED SALARY INFORMATION COMPILED BY THE NC ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES FOR COMPARABILITY. THE BUDGET IS APPROVED BY THE UNIVERSITY'S BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 18: DOCUMENTS ARE RETAINED IN THE OFFICE OF THE VICE-PRESIDENT FOR BUSINESS AND TREASURER. THE OFFICE IS OPEN DURING REGULAR BUSINESS HOURS. DOCUMENTS ARE AVAILABLE UPON REQUEST IN PERSON OR UPON WRITTEN REQUEST. FORM 990, PART VI, SECTION C, LINE 19: NOT MADE AVAILABLE TO THE PUBLIC FORM 990, PART XI, LINE 9 - CHANGES IN NET ASSETS: MISCELLANEOUS ADJUSTMENT 14,643 TOTAL TO FORM 990, PART XI, LINE 9 14,643 CAMPBELL UNIVERSITY HEALTH CENTER LLC PO BOX 97 BUIES CREEK NC 27506 460756986 CLINICAL SERV NC 103826 87175 CAMPBELL UNI CAMPBELL UNIVERSITY FOUNDATION INC PO BOX 97 BUIES CREEK NC 27506 680620773 FUNDRAISING NC 501(C)(3) LINE 11A, I NA false false false false false false false false false false false false true false true true false true false false