2015-05-12T07:17:02-05:00 2014-06-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 225 S 6TH ST 2300 MINNEAPOLIS MN 55402 990 2013-07-01 941581707 GRADUATE THEOLOGICAL UNION GRAD 5106492430 2400 RIDGE ROAD BERKELEY CA 94709 STEVEN G ARGYRIS VICE PRESIDENT & CFO 5106492430 2015-04-22 1 LAWRENCE H MOHR CPA P00447603 6128764500 2013 2016-03-07 17:11:31Z RIESS W POTTERVELD 2400 RIDGE ROAD BERKELEY CA 94709 17161760 0 X WWW.GTU.EDU X 1962 CA FOUNDED BY ECUMENICAL PIONEERS IN 1962, THE GRADUATE THEOLOGICAL UNION IN BERKELEY, CALIFORNIA, IS THE LARGEST AND MOST DIVERSE PARTNERSHIP OF SEMINARIES AND GRADUATE SCHOOLS IN THE UNITED STATES. OUR INTERFAITH APPROACH ATTRACTS LEADING THEOLOGIANS, SCHOLARS OF RELIGION, AND STUDENTS FROM AROUND THE WORLD WHO ARE PURSUING NEW MODELS FOR INTERRELIGIOUS COLLABORATION IN TEACHING, RESEARCH, MINISTRY, AND SERVICE. AS A CONSORTIUM, WE HAVE THE LARGEST THEOLOGICAL FACULTY IN ONE LOCATION IN THE UNITED STATES. STUDENTS PURSUING A PH.D., TH.D., M.A., OR ONE OF TWO JOINT PH.D. PROGRAMS WITH THE UNIVERSITY OF CALIFORNIA AT BERKELEY SHARE A WORLD-CLASS LIBRARY, ACCESS TO MORE THAN 700 COURSES ACROSS MEMBER SCHOOLS AND ACADEMIC DISCIPLINES, AND A STRONG SENSE OF COMMUNITY. 36 35 166 35 -6136 -19082 1054664 1038415 7792948 7772082 -507045 698048 16241 21011 8356808 9529556 1440795 1464840 0 0 5156778 4966157 0 0 330629 3125043 3159243 9722616 9590240 -1365808 -60684 45321827 49168874 1673771 1604058 43648056 47564816 X THE MISSION OF GTU IS TO: (1) EDUCATE MEN AND WOMEN FOR VOCATIONS OF MINISTRY AND SCHOLARSHIP, (2) EQUIP LEADERS FOR A FUTURE OF DIVERSE RELIGIONS AND CULTURES, (3) TEACH PATTERNS OF FAITH WHICH NURTURE JUSTICE AND PEACE, AND (4) SERVE AS AN EDUCATIONAL AND THEOLOGICAL RESOURCE FOR LOCAL COMMUNITIES, THE NATION, AND THE WORLD. 0 0 2752085 1464840 3392684 INSTRUCTION - PROVIDED INSTRUCTION, ADVISING AND OTHER SERVICES FOR 363 STUDENTS ENROLLED IN MASTERS AND DOCTORAL PROGRAMS. 3389502 4379398 LIBRARY - OPERATED THE FLORA LAMSON HEWLETT LIBRARY ON BEHALF OF THE GRADUATE THEOLOGICAL UNION AND NINE MEMBER SEMINARIES. THE LIBRARY IS ONE OF THE MOST COMPREHENSIVE THEOLOGICAL LIBRARIES IN THE COUNTRY, WITH 450,000 VOLUMES, MORE THAN 1500 PERIODICAL SUBSCRIPTIONS AND 292,000 MICROFORMS AND AUDIO VISUAL MATERIALS. THE LIBRARY SERVES FUTURE PARISH MINISTERS, SEMINARY EDUCATORS, SCHOLARS, AND COMMUNITY LEADERS.PROVIDED EDUCATIONAL SERVICES TO NINE MEMBER INSTITUTIONS AND OTHER AFFILIATED ORGANIZATIONS. THESE SERVICES INCLUDE FINANCIAL AID, BUSINESS AND REGISTRARS OFFICES, COURSE MANAGEMENT SYSTEMS AND OTHER INFORMATION TECHNOLOGY ASSISTANCE. 6141587 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 33 0 166 1 1 1 0 0 0 0 0 0 0 0 0 X 36 35 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X STEVEN G ARGYRIS 5106492430 2400 RIDGE ROAD BERKELEY CA 94709 RIESS W POTTERVELD PRESIDENT 37.50 X X 91073 0 16193 HASSAN ALI TRUSTEE 1.00 X 0 0 0 THOMAS E BERTELSEN TRUSTEE 1.00 X 0 0 0 EILEEN BITTEN TRUSTEE 1.00 X 0 0 0 KAREN BLOOMQUIST TRUSTEE 1.00 X 0 0 0 CAROL ANNE BROWN TRUSTEE 1.00 X 0 0 0 JOSEFINA J CARD TRUSTEE 1.00 X 0 0 0 JOSEPH P CHINNICI OFM TRUSTEE 1.00 X 0 0 0 MICHAEL E ENGH SJ TRUSTEE 1.00 X 0 0 0 ABID FAROOQ TRUSTEE 1.00 X 0 0 0 EMILY H FINE TRUSTEE 1.00 X 0 0 0 LEANN SNOW FLESHER TRUSTEE 1.00 X 0 0 0 HELIO FRED GARCIA TRUSTEE 1.00 X 0 0 0 WILLIAM D GLENN TRUSTEE 1.00 X 0 0 0 SUSAN COOK HOGANSON TRUSTEE 1.00 X 0 0 0 WENDELL JOHNS TREASURER 1.00 X X 0 0 0 RABBI DOUGLAS KAHN TRUSTEE 1.00 X 0 0 0 JUDITH LARSEN TRUSTEE 1.00 X 0 0 0 LIZETTE LARSON-MILLER TRUSTEE 1.00 X 0 0 0 HAROLD T LEACH BOARD CHAIR 1.00 X X 0 0 0 SARA LIPSCOMB TRUSTEE 1.00 X 0 0 0 PAUL M MARTIN TRUSTEE 1.00 X 0 0 0 JAMES L MCDONALD TRUSTEE 1.00 X 0 0 0 DAVID D O'NEIL TRUSTEE 1.00 X 0 0 0 REBECCA A PARKER TRUSTEE 1.00 X 0 0 0 KARL S PISTER TRUSTEE 1.00 X 0 0 0 MARY JO POTTER TRUSTEE 1.00 X 0 0 0 MARK RICHARDSON TRUSTEE 1.00 X 0 0 0 RITA R SEMEL BOARD VICE CHAIR 1.00 X X 0 0 0 MONSIGNOR ROBERT SHEERAN TRUSTEE 1.00 X 0 0 0 GEORGE D SMITH TRUSTEE 1.00 X 0 0 0 MARION STANTON TRUSTEE 1.00 X 0 0 0 STEPHEN STERNER TRUSTEE 1.00 X 0 0 0 KRISTIN STONEKING TRUSTEE 1.00 X 0 0 0 MICHAEL B SWEENEY TRUSTEE 1.00 X 0 0 0 ROBERT A WILKINS TRUSTEE 1.00 X 0 0 0 ARTHUR G HOLDER VICE PRESIDENT AND DEAN 37.50 X 116625 0 27374 STEVEN G ARGYRIS VICE PRESIDENT AND CFO 37.50 X 123455 0 18846 ALAN D KELCHNER VICE PRESIDENT FOR ADVANCEMENT 20.00 X 56610 0 11204 KATHLEEN KOOK VICE PRESIDENT AND DEAN OF STUDENTS 37.50 X 90638 0 16137 ROBERT J BENEDETTO LIBRARY DIRECTOR 37.50 X 101333 0 25949 ELLEN PETERSON CONTROLLER 37.50 X 100002 0 16832 JAMES A DONAHUE FORMER PRESIDENT 37.50 X 118303 0 18674 798039 0 151209 5 1 0 0 0 62227 976188 5408 1038415 EDUCATIONAL ACTIVITIES 611710 4379398 4379398 TUITION AND FEES 611710 3392684 3392684 7772082 269650 -6136 275786 8060602 7632204 428398 428398 428398 OTHER SOURCES 900099 21011 21011 21011 9529556 7772082 -6136 725195 1464840 1464840 704071 254628 358940 90503 3385140 2004430 1279798 100912 188336 97868 86478 3990 415395 247945 159238 8212 273215 143747 117144 12324 309212 58556 193257 57399 32938 16380 16558 54810 54810 58084 58084 211147 74308 112479 24360 440875 177890 260201 2784 549769 462377 80959 6433 108349 87111 16092 5146 124319 66563 48323 9433 52220 52220 1030257 948616 73265 8376 117698 1941 115757 TAXES AND FEES 37604 5482 31477 645 OTHER 31961 28905 2944 112 9590240 6141587 3118024 330629 769799 541858 1985146 2595302 235112 277851 65069 101924 367761 395469 192039 250241 32846173 20034305 13147374 12811868 22297634 26178930 6061705 5804679 200188 210752 45321827 49168874 342063 400281 623128 479321 708580 724456 1673771 1604058 X 14724878 14755635 9441991 13219533 19481187 19589648 43648056 47564816 45321827 49168874 -60684 3977444 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X X EDUCATIONAL PURPOSES 0 29239872 97897 4591377 333105 626468 32969573 26802892 386802 3012817 269901 692738 29239872 28394437 91485 -751662 156078 775290 26802892 24843068 68633 4354893 325272 546885 28394437 23758822 713781 1604230 1233765 24843068 0.03000 0.59000 0.38000 0 0 716677 716677 16908500 9310650 7597850 33650 7197 26453 2085688 1484864 600824 13101658 9231594 3870064 12811868 REAL ESTATE 957511 F PRIVATE EQUITY FUNDS 4069816 F DISTRESSED DEBT 777352 F 5804679 GOVERNMENT GRANTS REFUNDABLE 424456 FUNDS HELD FOR OTHERS 300000 724456 X 11984076 3977444 3977444 8006632 58084 1464840 1522924 9529556 8067316 0 8067316 58084 1464840 1522924 9590240 PART III, LINE 1A: THE SCHOOL HAS A COLLECTION OF ART AND RARE BOOKS USED FOR DISPLAY AND EDUCATIONAL PURPOSES. COLLECTIONS OF ART ARE NOT RECORDED ON THE FINANCIAL STATEMENTS OF GRADUATE THEOLOGICAL UNION, AS PERMITTED UNDER SFAS 116. PART III, LINE 4: GTU MAINTAINS COLLECTIONS OF FINE ART, BOOKS AND ARCHAEOLOGICAL ARTIFACTS. THESE ITEMS ARE USED IN THE STUDY OF SUBJECTS SUCH AS ART AND RELIGION, HISTORY, AND SCRIPTURAL STUDIES. STUDENTS EXAMINE ART, BOOKS AND ARTIFACTS AS PART OF THEIR STUDIES. PART V, LINE 4: ENDOWMENTS SUPPORT THE PROGRAMS OF THE SCHOOL, INCLUDING PROVIDING STUDENT FINANCIAL AID AND FUNDING FACULTY POSITIONS. PART X, LINE 2: THE GTU FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE GTU FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2014 AND 2013. THE GTU'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURNS FOR THE CURRENT YEAR AS WELL AS FISCAL YEARS 2011 AND THEREAFTER ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND SCHOLARSHIPS 1,464,840. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS AND SCHOLARSHIPS 1,464,840. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 IN THE GRADUATE THEOLOGICAL UNION'S PRINTED MATERIALS AND THE WEBSITE. SCHEDULE E, PART I, LINE 6 THE INSTITUTION RECEIVES FINANCIAL ASSISTANCE FROM THE US GOVERNMENT IN CONNECTION WITH VARIOUS PROGRAMS SUCH AS THE PERKINS STUDENT LOAN PROGRAM AND THE FEDERAL COLLEGE WORK-STUDY PROGRAM. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENT ACTIVITIES 6740576 0 0 0 0 0 0 6740576 0 6740576 1 0 0 1 1 0 1 SCHOLARSHIPS AND GRANTS PROVIDED AS FINANCIAL AID TO STUDENTS 132 1464840 PART I, LINE 2: GRANTS CAN BE USED FOR TUITION ONLY. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 JAMES A DONAHUE FORMER PRESIDENT 114403 0 0 0 3900 0 5423 0 13251 0 136977 0 0 0 PART I, LINE 1A A HOUSING ALLOWANCE IS PROVIDED FOR THE PRESIDENT. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE OF THE BOARD HAS AUTHORITY TO ACT ON THE BOARD'S BEHALF. THE EXECUTIVE COMMITTEE IS COMPRISED OF OFFICERS OF THE BOARD; THE CHAIRS OF THE BOARD'S FINANCE, AUDIT, ACADEMIC, TRUSTEE, LIBRARY COMMITTEES; THE STUDENT TRUSTEE REPRESENTATIVES; AND A REPRESENTATIVE FROM THE PRESIDENT'S COUNCIL. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS RECEIVES A FULL COPY OF THE RETURN FOR REVIEW BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY AND WRITTEN RESPONSES TO THE CONFLICT OF INTEREST QUESTIONAIRE ARE REQUIRED. IF A POTENTIAL CONFLICT IS IDENTIFIED IT IS REFERRED TO THE AUDIT COMMITTEE FOR DETERMINATION OF A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A INDEPENDENT MEMBERS OF THE BOARD COMPRISE THE COMPENSATION COMMITTEE. THE COMMITTEE REVIEWS COMPARABLE SALARIES AND BENEFITS BEFORE ESTABLISHING GTU COMPENSATION FOR THE PRESIDENT. FOR KEY EMPLOYEES AND OTHER OFFICERS, COMPARATIVE DATA IS REVIEWED PRIOR TO THE ESTABLISHMENT OF COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT AND SELECTION PROCESS FOR THE AUDIT OF THE FINANCIAL STATEMENTS DURING THE TAX YEAR.