2015-05-14T13:04:46-05:00 2014-06-30 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2013-07-01 581357177 SAVANNAH COLLEGE OF ART AND DESIGN INC SAVA 9125255000 PO BOX 3146 SAVANNAH GA 31402 CARMEN STOWERS SECRETARY 9125255000 2015-05-12 1 BOB HEUEL P01278160 7709558600 2015-05-12 2013 2016-04-25 22:37:26Z PAULA WALLACE PO BOX 3146 SAVANNAH GA 31402 421229291 0 X WWW.SCAD.EDU X 1978 GA SEE SCHEDULE O FOR COMPLETE DESCRIPTION. 8 8 2291 1200 1981411 -240436 8529055 2626599 367451302 384076014 3805823 2288123 -13717 3644098 379772463 392634834 86788451 89606614 0 0 73080399 116156236 0 0 839857 160718568 126318628 320587418 332081478 59185045 60553356 479156748 535149162 210106369 204041866 269050379 331107296 THE SAVANNAH COLLEGE OF ART AND DESIGN EXISTS TO PREPARE TALENTED STUDENTS FOR PROFESSIONAL CAREERS, EMPHASIZING LEARNING THROUGH INDIVIDUAL ATTENTION IN A POSITIVELY ORIENTED UNIVERSITY ENVIRONMENT. 0 0 155694512 2325295 336711599 INSTRUCTIONAL EXPENDITURES -- THESE EXPENDITURES RELATE TO PROVIDING EDUCATION SERVICES TO APPROXIMATELY 11,000 STUDENTS SEEKING UNDERGRADUATE AND GRADUATE DEGREES. THE UNIVERSITY OFFERS THE BACHELOR OF ARTS, BACHELOR OF FINE ARTS, MASTER OF FINE ARTS, MASTER OF ARTS, MASTER OF ARCHITECTURE, AND MASTER OF URBAN DESIGN DEGREES. THE UNIVERSITY IS ACCREDITED BY THE COMMISSION ON COLLEGES OF THE SOUTHERN ASSOCIATION OF COLLEGES & SCHOOLS AND THE MASTER OF ARCHITECTURE DEGREE PROGRAM IS ADDITIONALLY ACCREDITED BY THE NATIONAL ARCHITECTURAL ACCREDITING BOARD. THE UNDERGRADUATE INTERIOR DESIGN PROGRAM IS ADDITIONALLY ACCREDITED DOMESTICALLY BY THE COUNCIL FOR INTERIOR DESIGN EDUCATION. APPROXIMATELY 2,500 STUDENTS GRADUATED AND WERE AWARDED DEGREES DURING THE REPORTING PERIOD. 33186014 47358015 CAMPUS SERVICES, STUDENT HOUSING, FOOD SERVICE EXPENDITURES -- THESE EXPENDITURES REPRESENT THE COST OF SERVICES NECESSARY TO SUPPORTTHE MISSION OF THE UNIVERSITY, INCLUDING STUDENT HOUSING, DINING SERVICES AND OTHER AUXILIARY SERVICES. THE SERVICES ARE AVAILABLE TO ALL STUDENTS. 87281319 87281319 STUDENT AID -- THE UNIVERSITY PROVIDES SCHOLARSHIPS AND OTHER FINANCIAL ASSISTANCE DIRECTLY FROM THE INSTITUTION. 276161845 1 1 0 0 0 0 0 1 0 1 1 0 1 1 1 1 0 1 1 1 1 1 0 0 1 0 0 1 1 1 0 0 0 0 1 0 1 1 1 1 0 0 1 1 1 1 0 0 1 473 0 1 2291 1 1 1 1 FR HK 0 0 0 1 1 0 0 0 0 X 8 8 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 GA VA X RICHARD ADKINS 9125255000 PO BOX 3146 SAVANNAH GA 31402 ALAN B WHITAKER III TRUSTEE 5.00 X 0 0 0 ANDRE LEON TALLEY TRUSTEE 2.00 X 0 0 0 CHAN LAI WA TRUSTEE 2.00 X 0 0 0 NANCY HERSTAND TRUSTEE 2.00 X 0 0 0 PHARRIS JOHNSON TRUSTEE 2.00 X 0 0 0 ROBERT L NARDELLI TRUSTEE 2.00 X 0 0 0 SALLY WARANCH RAJCIC TRUSTEE 2.00 X 0 0 0 STUART SAUNDERS TRUSTEE 2.00 X 0 0 0 PAULA S WALLACE PRESIDENT 60.00 X 2194817 0 776808 JEFFREY J WALLER TREASURER, VP FINANCIAL GROWTH 50.00 X 190070 0 17131 JOHN T WHALEY CHIEF FINANCIAL OFFICER 50.00 X 58277 0 1297 CARMEN M STOWERS SECRETARY 50.00 X 161673 0 16483 BRADFORD GRANT VP FOR INFORMATION TECHNOLOGY 50.00 X 179840 0 19966 MAUREEN GARVIN DEAN, FOUNDATION STUDIES 50.00 X 164269 0 12315 LESLEY C HANAK VP FOR HUMAN RESOURCES 50.00 X 248364 0 14072 PHILIP J ALLETTO VP FOR STUDENT SUCCESS 50.00 X 246935 0 24313 SCOTT LINZEY VP FOR STUDENT FINANCIAL SVCS 50.00 X 255684 0 26558 TERESA M GRIFFIS VP - SCAD ATLANTA 50.00 X 204956 0 14074 DR GOKHAN OZAYSIN CHIEF ACADEMIC OFFICER 50.00 X 300584 0 21978 GLENN E WALLACE SVP FOR COLLEGE RESOURCES 50.00 X 416705 0 16134 ANDREW W FULP VP FOR EDUCATIONAL TECHNOLOGY 50.00 X 178150 0 22976 CHRISTIAN B SOTTILE DEAN, SCHOOL OF BLDG ARTS 50.00 X 300137 0 7252 JOHN PAUL ROWAN VP FOR STRATEGY & INNOVATION 50.00 X 234580 0 25468 KARI HERRIN VP FOR CREATIVE DIRECTION 50.00 X 230791 0 24217 MICHAEL J FINK DEAN, SCHOOL OF FASHION 50.00 X 195366 0 13457 DR TARAS DANYLUK COO AND FORMER TRUSTEE 50.00 X 112510 0 2708 JOSEPH P MANORY CHIEF FINANCIAL OFFICER 50.00 X 283030 0 6076 BRIAN F MURPHY COO 50.00 X 331725 0 0 6488463 0 1063283 111 1 1 0 CLAYCO INC 2199 INNERBELT BUSINESS CENTER DRIV ST LOUIS MO 63114 CONSTRUCTION 6817113 URBAN CAMPUS ENVIRONMENTS LLC 724 20TH AVENUE SAINT PETERSBURG FL 33704 LANDLORD 5090239 BON APPETIT MANAGEMENT COMPANY 2400 YORKMONT ROAD CHARLOTTE NC 28217 FOOD SERVICE 4173181 ALLIED BARTON SECURITY SERVICES PO BOX 828854 PHILADELPHIA PA 19182 SECURITY 3250685 THE PINYAN COMPANY 1510 DRAYTON STREET SAVANNAH GA 31401 CONSTRUCTION 2700588 5 292796 2333803 155861 2626599 TUITION AND FEES 611310 330192844 330192844 HOUSING & FOOD SERVICE 721310 47358015 47358015 OTHER FEES AND REVENUE 611310 3485965 3481965 4000 OTHER STUDENT REVENUE 611310 2767674 2767674 CONFERENCES & COMMUNITY ED 611310 179443 177043 2400 92073 92073 384076014 1122764 1122764 1460085 1460085 166299 114090 0 0 166299 114090 280389 180117 100272 28319126 92127 26946475 299419 1372651 -207292 1165359 1165359 113546 292796 316995 -203449 -203449 1948693 1031568 917125 917125 TRUSTEES THEATER 711110 733263 733263 EX LIBRIS: TEXTBOOK SALES 451211 315614 34249 281365 EQUESTRIAN SERVICES 713990 88858 88858 52213 21399 30814 1189948 392634834 384069614 1981411 3957210 525681 525681 87281319 87281319 1799614 1799614 6295831 1248508 5047323 92054228 75735070 15742170 576988 3003800 2398348 587195 18257 7750022 6099790 1604130 46102 7052355 5525444 1485455 41456 2951069 2951069 250550 250550 25664278 20997090 4660939 6249 1670633 109466 1561167 12241595 8317167 3853295 71133 22198186 21208027 973206 16953 7735673 5833974 1901699 438422 392002 46420 5425524 1222588 4202936 24164522 20616535 3542933 5054 2651174 55830 2595344 STUDENT MEAL PLAN 7962810 7962810 MEALS AND REFRESHMENTS 3450488 3034457 391742 24289 STUDENT ACTIVITIES 3081697 2773337 308009 351 EQUIP RENTAL & STORAGE 1670240 828499 835536 6205 4761767 2196289 2538658 26820 332081478 276161845 55079776 839857 79109969 134565993 853132 7960444 9577760 1083010 5322618 5282562 278767 332114 1281826 1357231 8186584 5286268 455392108 176821376 274592853 278570732 31524291 28707050 51754 55681 34315795 35967105 34061399 35980972 479156748 535149162 37900570 33159979 182835 204164 22401027 23649698 124291505 122569763 25330432 24458262 210106369 204041866 X 239013883 299662104 11362556 12197169 18673940 19248023 269050379 331107296 479156748 535149162 60553356 1503561 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35200 35980972 X X X 1 16393250 633588 2119564 569921 52743 18629224 19341908 244100 1547281 659989 4080050 16393250 16159725 3713056 34710 565583 19341908 12047266 3563056 1224631 675228 16159725 10694320 591679 971026 209759 12047266 0.08300 0.72600 0.19100 0 0 22960054 22960054 299660833 91299296 208361537 91509966 61540457 29969509 16000 41245255 23981623 17279632 278570732 INVESTMENT IN FOREIGN CAMPUS 35967105 C 35967105 MUSEUM COLLECTIONS HELD FOR EXHIBITION/RESEARCH 35980972 35980972 SWAP LIABILITY 9752160 REFUNDABLE ADVANCES/DEFERRED CONTRIBUTIONS 1524195 ACCRUED RETIREMENT 7394072 OTHER LIABILITIES 4890505 FIN 48 INCOME TAX ACCRUAL 897330 24458262 X PART III, LINE 4: SCHEDULE D, PART III, LINE 4 THE UNVERSITY'S COLLECTIONS PRIMARILY RELATE TO AREAS IN WHICH IT PROVIDES DEGREE PROGRAMS AND/OR OFFERS COURSE WORK. THEY ARE A VALUABLE SCHOLARLY RESOURCE TO ENHANCE STUDENTS' LEARNING AND EXPERIENCE. THE UNVERISTY'S COLLECTIONS INCLUDE: PAINTINGS, PRINTS, COUTURE CLOTHING, JEWELRY, SCULPTURES AND HISTORICAL ITEMS. PART V, LINE 4: PART XIV-SUPPLEMENTAL FINANCIAL INFORMATION SCHEDULE D, PART V, LINE 4 THE UNIVERSITY'S ENDOWMENT FUNDS ARE PRIMARILY USED TO SUPPORT SCHOLARSHIPS FOR STUDENTS. PART X, LINE 2: AT JUNE 30, 2014 THE UNIVERSITY HAD $897,330, OF TOTAL UNRECOGNIZED TAX BENEFITS, INCLUDING ESTIMATED INTEREST AND PENALTIES OF $360,000. ACCORDINGLY, ACCRUED INCOME TAX EXPENSE IN THE AMOUNT OF $897,330 IS INCLUDED IN PART X, LINE 25 AND SCHEDULE D, PART X. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY DRAWS ITS STUDENTS FROM ALL 50 STATES AND MORE THAN 100 COUNTRIES. ALL MATERIALS INVOLVING THE SOLICITATION OF STUDENTS INCLUDE THE UNIVERSITY'S NON-DISCRIMINATORY POLICY OR A REFERENCE TO THIS POLICY, IN COMPLIANCE WITH THE REQUIREMENTS STATED IN THE INSTRUCTIONS TO FORM 990. THE UNIVERSITY INSERTS THE FOLLOWING IN ITS CATALOG, APPLICATION FOR ADMISSION, AND THE UNIVERSITY'S WEBSITE: "SCAD SHALL ADMIT STUDENTS OF ANY GENDER, RACE, COLOR, NATIONAL OR ETHNIC ORIGIN, AND RELIGION TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITIES ACCORDED OR MADE AVAILABLE TO STUDENTS AT SCAD. SCAD SHALL NOT DISCRIMINATE ON THE BASIS OF GENDER, RACE, COLOR, NATIONAL OR ETHNIC ORIGIN IN THE ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSION POLICIES, AND ATHLETIC AND OTHER UNIVERSITY-ADMINISTERED PROGRAMS." 0 EUROPE 1 0 PROGRAM SERVICES STUDY ABROAD CAMPUS 1799614 EAST ASIA AND THE PACIFIC 1 8 PROGRAM-RELATED INVESTMENTS 2179654 EUROPE 1 0 CAPITAL INVESTMENT 490526 EUROPE 1 0 PROGRAM SERVICES PROGRAM SERVICES RELATED TO MEAL PLANS AND OWNERSHIP OF REAL PROPERTY. 1318591 4 8 0 0 4 8 5788385 0 5788385 EUROPE CAMPUS OPERATIONS 1799614 WIRE 1 0 0 1 0 0 0 PART I, LINE 2: THE ORGANIZATION GOES THROUGH AN ANNUAL BUDGETING PROCESS FOR THE FUNDS USED AT THE EUROPEAN AND EAST ASIA LOCATIONS. MONTHLY REVIEWS OF FINANCIAL ACTIVITY AND PERIODIC RE-PROJECTIONS ARE PERFORMED ON AN ONGOING BASIS THROUGHOUT THE YEAR TO ENSURE THAT FUNDS ARE ONLY SPENT FOR AUTHORIZED PURPOSES IN FURTHERANCE OF THE ORGANIZATION'S EDUCATIONAL MISSION. SAVANNAH SCHOLARSHIP GALA 191990 135866 56124 18847 38431 83034 ATLANTA SCHOLARSHIP GALA 214352 156930 57422 24973 43770 107940 406342 292796 113546 43820 82201 190974 316995 -203449 1 LUCAS THEATRE FOR THE ARTS INC 32 ABERCORN STREET SAVANNAH GA 31401 581775851 501(C )(3) 500000 SUPPORT FOR OPERATIONS NATIONAL MUSEUM OF WOMEN IN THE ARTS 1250 NEW YORK AVE NW WASHINGTON DC 20005 521238810 501(C )(3) 10000 SUPPORT FOR OPERATIONS THE CATHEDRAL OF ST PHILIP IN THE DIOCESE OF ATLANTA INC (THE CATHEDRAL 2744 PEACHTREE ROAD NW ATLANTA GA 30305 580641230 501(C )(3) 7500 SUPPORT FOR OPERATIONS 3 0 STUDENT SCHOLARSHIPS 10923 87281319 PART I, LINE 2: INSTITUTIONAL SCHOLARSHIPS TO STUDENTS ARE AWARDED PURSUANT TO INSTITUTIONAL POLICIES AND PROCEDURES WHICH CONSIDER A STUDENT'S ACADEMIC ABILITY, ARTISTIC ABILITY AND FINANCIAL NEED. STUDENTS MUST MAINTAIN ACADEMIC STANDARDS AND MAKE SATISFACTORY PROGRESS TO CONTINUE RECEIVING INSTITUTIONAL SCHOLARSHIPS. STUDENTS RECEIVING SCHOLARSHIPS FUNDED BY DONORS MUST MEET THE SPECIFIED SCHOLARSHIP REQUIREMENTS, IF ANY, AS WELL AS MAINTAIN ACADEMIC STANDARDS AND MAKE SATISFACTORY PROGRESS TOWARDS GRADUATION. X X X 1 1 X X X X X 1 1 0 0 0 0 0 1 0 PAULA S WALLACE PRESIDENT 775479 0 1050000 0 369338 0 765949 0 10859 0 2971625 0 369338 0 JEFFREY J WALLER TREASURER, VP FINANCIAL GROWTH 175070 0 15000 0 0 0 8094 0 9037 0 207201 0 0 0 CARMEN M STOWERS SECRETARY 117220 0 33500 0 10953 0 5585 0 10898 0 178156 0 0 0 BRADFORD GRANT VP FOR INFORMATION TECHNOLOGY 177840 0 2000 0 0 0 8395 0 11571 0 199806 0 0 0 MAUREEN GARVIN DEAN, FOUNDATION STUDIES 164269 0 0 0 0 0 7567 0 4748 0 176584 0 0 0 LESLEY C HANAK VP FOR HUMAN RESOURCES 220453 0 20000 0 7911 0 13445 0 627 0 262436 0 0 0 PHILIP J ALLETTO VP FOR STUDENT SUCCESS 211935 0 35000 0 0 0 12742 0 11571 0 271248 0 0 0 SCOTT LINZEY VP FOR STUDENT FINANCIAL SVCS 255684 0 0 0 0 0 15507 0 11051 0 282242 0 0 0 TERESA M GRIFFIS VP - SCAD ATLANTA 194956 0 10000 0 0 0 9057 0 5017 0 219030 0 0 0 DR GOKHAN OZAYSIN CHIEF ACADEMIC OFFICER 250584 0 50000 0 0 0 10407 0 11571 0 322562 0 0 0 GLENN E WALLACE SVP FOR COLLEGE RESOURCES 371705 0 45000 0 0 0 15507 0 627 0 432839 0 0 0 ANDREW W FULP VP FOR EDUCATIONAL TECHNOLOGY 178150 0 0 0 0 0 11405 0 11571 0 201126 0 0 0 CHRISTIAN B SOTTILE DEAN, SCHOOL OF BLDG ARTS 273937 0 26000 0 200 0 6625 0 627 0 307389 0 0 0 JOHN PAUL ROWAN VP FOR STRATEGY & INNOVATION 224080 0 10500 0 0 0 13897 0 11571 0 260048 0 0 0 KARI HERRIN VP FOR CREATIVE DIRECTION 210791 0 20000 0 0 0 13166 0 11051 0 255008 0 0 0 MICHAEL J FINK DEAN, SCHOOL OF FASHION 195366 0 0 0 0 0 9032 0 4425 0 208823 0 0 0 DR TARAS DANYLUK COO AND FORMER TRUSTEE 112510 0 0 0 0 0 0 0 2708 0 115218 0 0 0 JOSEPH P MANORY CHIEF FINANCIAL OFFICER 115123 0 0 0 167907 0 1962 0 4114 0 289106 0 0 0 BRIAN F MURPHY COO 72237 0 0 0 259488 0 0 0 0 0 331725 0 0 0 PART I, LINE 1A BUSINESS CLASS OR CHARTER TRAVEL - SENIOR MANAGEMENT AND TRUSTEES ARE ELIGIBLE FOR BUSINESS CLASS SEATS WHEN TRAVELING ON AUTHORIZED BUSINESS. NO AMOUNT IS REPORTED AS TAXABLE INCOME FOR BUSINESS TRAVEL. THE INSTITUTION'S WHOLLY-OWNED SUBSIDIARY, ACORN LEASING, LLC, HAS A CORPORATE AIRCRAFT TO FACILITATE THE BUSINESS TRAVEL OF SENIOR MANAGEMENT AND TRUSTEES. THE BOARD HAS ADOPTED A POLICY THAT PROHIBITS ANY NON-BUSINESS USE OF THE AIRCRAFT. IMPUTED INCOME HAS BEEN REPORTED AS TAXABLE COMPENSATION FOR ANY COMPANIONS OF LISTED PERSONS WHO ARE NOT TRAVELING FOR A BUSINESS PURPOSE. TRAVEL FOR COMPANIONS- TO FACILITATE THE ABILITY OF THE PRESIDENT AND TRUSTEES TO CONDUCT BUSINESS AND PARTICIPATE IN THE ACTIVITIES OF THE UNIVERSITY, TRAVEL FOR COMPANIONS/MINOR CHILDREN HAS BEEN PROVIDED AT TIMES. IN SUCH CASES, THE COST OF THE FLIGHT (IF THE TRAVEL WAS VIA COMMERCIAL CARRIER) OR THE APPROPRIATE AMOUNT OF IMPUTED INCOME (CALCULATED PURSUANT TO THE TAX REGULATIONS REGARDING THE PERSONAL USE OF CORPORATE AIRCRAFT) HAS BEEN TREATED AS A TAXABLE BENEFIT AND REPORTED AS COMPENSATION. THE BENEFIT WAS PROVIDED DUE TO EXTENSIVE TRAVEL BEING REQUIRED DUE TO THE EXISTENCE OF MULTIPLE LOCATIONS (SAVANNAH, ATLANTA, LACOSTE, FRANCE AND HONG KONG, CHINA). HOUSING ALLOWANCES - AS IS STANDARD PRACTICE FOR UNIVERSITIES, THE PRESIDENT IS PROVIDED A RESIDENCE THAT IS FREQUENTLY USED FOR BUSINESS AND /OR BUSINESS FUNCTIONS (I.E. MEETINGS, RECEPTIONS, DINNERS WITH GUESTS AND DONORS, ETC.). NO AMOUNT HAS BEEN INCLUDED IN THE PRESIDENT'S TAXABLE INCOME FOR THE USE OF THE PROPERTY. PART I, LINES 4A-B LINE 4A ANNUAL LEAVE PAYOUT AND SEVERANCE: BRIAN MURPHY EMPLOYED AS COO UNTIL FEBRUARY 2013, $216,218 JOSEPH MANORY EMPLOYED AS CFO UNTIL MAY 2013, $157,889 LINE 4B PAYMENT FROM A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN: PAULA WALLACE 369,338 PART I, LINE 7 THE PRESIDENT'S BONUSES ARE DETERMINED BY THE BOARD OF TRUSTEES IN ITS SOLE DISCRETION. FOR ALL OTHERS, BONUSES ARE DETERMINED IN THE SOLE DISCRETION OF THE COMPENSATION COMMITTEE. PART I, QUESTION 3 THE INSTITUTION COMPLIES WITH THE PROCEDURES AND STANDARDS SET FORTH IN THE IRS REGULATIONS TO RECEIVE THE 'REBUTTABLE PRESUMPTION OF REASONABLENESS' WITH RESPECT TO THE TOTAL COMPENSATION PAID TO THE PRESIDENT. A COMMITTEE OF THE BOARD CONDUCTS AN ANNUAL PERFORMANCE REVIEW OF THE PRESIDENT'S SALARY AND BONUS. ANY AND ALL DECISIONS ARE BASED ON: A) A COMPENSATION PHILOSOPHY AND STRATEGY; B) A DETAILED ANNUAL PERFORMANCE REVIEW ON BOTH JOB PERFORMANCE AND THE "BALANCED SCORECARD" OF THE RESULTS OF THE INSTITUTION AND SUBSIDIARIES; AND C) DETAILED AND COMPREHENSIVE MARKET DATA WHICH CONSIDERS ORGANIZATIONS THAT ARE "SIMILARLY SITUATED." AN INDEPENDENT CONSULTING FIRM THAT SPECIALIZES IN BENEFITS AND COMPENSATION PROVIDES TOTAL COMPENSATION MARKET VALUATIONS VIA A COMPENSATION STUDY THAT INCLUDES CONSIDERATION OF THE TOTAL COMPENSATION PAID BY OTHER INSTITUTIONS. THE COMPENSATION EXPERT PROVIDES A WRITTEN OPINION ON THE REASONABLENESS OF TOTAL COMPENSATION. THE FULL BOARD CONSIDERS AND APPROVES THE COMMITTEE'S RECOMMENDATION. THIS PRACTICE ALSO INCLUDES THE COMPENSATION PAID TO ANY INDIVIDUAL RELATED TO A MEMBER OF SENIOR MANAGEMENT OR THE BOARD. THE COMPENSATION PAID TO ALL OTHER SENIOR MANAGEMENT AND 'RELATED PERSONS' IS ALSO REVIEWED AND DETERMINED PURSUANT TO THE 'REBUTTABLE PRESUMPTION' PROCEDURES. PART I, QUESTION 4B THE UNIVERSITY PROVIDES A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN TO THE PRESIDENT IN THE FORM OF A DEFERRED COMPENSATION ARRANGEMENT. THE PRESENT VALUE OF THE INCREASE IN THE ACCRUED BENEFIT IS REPORTED IN PART II, COLUMN C. SINCE THE PRESIDENT CONTINUED WORKING UNTIL JUNE 30TH, 2014, SHE WAS ENTITLED TO A LUMP SUM PAYMENT(ACTUARIALLY DETERMINED)IN THE FOLLOWING YEAR EQUAL TO AN ANNUAL BENEFIT OF SIXTY FIVE PERCENT OF HER FINAL SALARY IN EFFECT AT THAT TIME. DURING THE 2013 CALENDAR YEAR, A DISTRIBUTION OF $ 369,338 WAS MADE BY THE ORGANIZATION TO THE PRESIDENT BASED ON A CONTRACTUAL OBLIGATION. IT IS REPORTED IN THE 2013 W-2 AS WELL AS IN COLUMN (F) OF PART VII AND IN COLUMN (B) (III) OF SCHEDULE J PART II. THIS BENEFIT WAS EARNED OVER 35+ YEARS OF SERVICE. THE PRESIDENT CONTINUES UNDER A NEW FIVE-YEAR AGREEMENT WHICH BECAME EFFECTIVE JULY 1, 2014. RELATED PERSON TO KEY EMPLOYEE ANDR SON OF KEY EMPOLYEE 18305 SCHOLARSHIP RELATED PERSON TO FORMER OFFICER PA SON OF FORMER OFFICER 40271 SCHOLARSHIP MARISA ROWAN FAMILY MEMBER OF PAULA WALLACE, PRESIDENT 144129 WAGES AND BENEFITS 0 JOHN PAUL ROWAN FAMILY MEMBER OF PAULA WALLACE, PRESIDENT 265349 WAGES AND BENEFITS 0 GLENN WALLACE FAMILY MEMBER OF PAULA WALLACE, PRESIDENT 440239 WAGES AND BENEFITS 0 KIMBERLY SHREVE FAMILY MEMBER OF PAMELA POETTER, FORMER OFFICER 88624 WAGES AND BENEFITS 0 MICHAEL SHREVE FAMILY MEMBER OF PAMELA POETTER, FORMER OFFICER 78431 WAGES AND BENEFITS 0 HABIBE ISIL OZAYSIN FAMILY MEMBER OF GOKHAN OZAYSIN, CHIEF ACADEMIC OFFICER 21870 WAGES AND BENEFITS 0 DAVID HANAK FAMILY MEMBER OF KEY EMPLOYEE, LESLEY CAMILLE HANAK 96058 WAGES AND BENEFITS 0 MARY GRANT FAMILY MEMBER OF KEY EMPLOYEE, BRADFORD GRANT 92116 WAGES AND BENEFITS 0 DR TARAS DANYLUK FORMER TRUSTEE 13007 MERCHANDISE PURCHASE FROM BUSINESS OWNED BY DR. DANYLUK 0 X 2 35200 MARKET VALUE X 1 18000 APPRAISAL X 3 30569 MARKET VALUE X AUCTION ITEMS 135 72092 MARKET VALUE 7 0 1 0 PART I, COLUMN (B): CONTRIBUTORS FORM 990 PART I LINE 1 THE SAVANNAH COLLEGE OF ART AND DESIGN EXISTS TO PREPARE TALENTED STUDENTS FOR PROFESSIONAL CAREERS, EMPHASIZING LEARNING THROUGH INDIVIDUAL ATTENTION IN A POSITIVELY ORIENTED UNIVERSITY ENVIRONMENT. THE SAVANNAH COLLEGE OF ART AND DESIGN IS A PRIVATE, NONPROFIT, ACCREDITED INSTITUTION CONFERRING BACHELOR'S AND MASTERS DEGREES AT DISTINCTIVE LOCATIONS TO PREPARE TALENTED STUDENTS FOR PROFESSIONAL CAREERS. SCAD OFFERS DEGREES IN MORE THAN 40 MAJORS, AS WELL AS MINORS IN MORE THAN 60 DISCIPLINES. WITH OVER 29,000 ALUMNI WORLDWIDE, SCAD DEMONSTRATES AN EXCEPTIONAL EDUCATION AND UNPARALLELED CAREER PREPARATION. AT LOCATIONS IN SAVANNAH AND ATLANTA, GEORGIA; IN HONG KONG; IN LACOSTE, FRANCE; AND ONLINE THROUGH SCAD ELEARNING, THE DIVERSE STUDENT BODY CONSISTS OF NEARLY 12,000 STUDENTS, FROM ACROSS THE UNITED STATES AND MORE THAN 100 COUNTRIES. SCAD'S INNOVATIVE CURRICULUM IS ENHANCED BY ADVANCED, PROFESSIONAL-LEVEL TECHNOLOGY, EQUIPMENT AND LEARNING RESOURCES. THE UNIVERSITY, STUDENTS, FACULTY AND ALUMNI HAVE GARNERED ACCLAIM FROM RESPECTED ORGANIZATIONS AND PUBLICATIONS WORLDWIDE INCLUDING TIME, VOGUE MAGAZINE AND U.S. NEWS & WORLD REPORT. FORM 990, PART VI, SECTION A, LINE 2 THERE IS A FAMILY RELATIONSHIP BETWEEN PAULA WALLACE AND JOHN PAUL ROWAN. THERE IS A FAMILY RELATIONSHIP BETWEEN PAULA WALLACE AND GLENN E. WALLACE. FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO FILING, THE RETURN WAS DISTRIBUTED TO BOARD MEMBERS PROVIDING AN OPPORTUNITY TO ASK QUESTIONS AND PROVIDE INPUT. FORM 990, PART VI, SECTION B, LINE 12C THE UNVERSITY'S CORPORATE GOVERNANCE POLICY, WHICH IS AVAILABLE TO ALL EMPLOYEES VIA THE INSTITUTION'S INTRANET AND EMPLOYEE HANDBOOK, PROVIDES GUIDANCE TO ALL EMPLOYEES ON ISSUES OF CONFLICTS OF INTEREST. THE BOARD OF TRUSTEES IS RESPONSIBLE FOR EVALUATING ANY CONFLICTS OF INTEREST AND, IF APPROPRIATE, AUTHORIZING ANY CONTRACT OR TRANSACTION BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE DISINTERESTED TRUSTEES IF THERE IS A CONFLICT OF INTEREST INVOLVING TRUSTEES. THE UNIVERSITY OBTAINS ANNUALLY A DISCLOSURE OF POTENTIAL CONFLICTS BY TRUSTEES AND MEMBERS OF SENIOR MANAGEMENT. A WHISTLE BLOWER REPORTING PROCESS HAS BEEN ESTABLISHED. THERE IS A DESIGNATED FULL-TIME COMPLIANCE OFFICER THAT INVESTIGATES AND RESOLVES ETHICS COMPLAINTS, INCLUDING CONFLICTS OF INTEREST, INVOLVING EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15 FORM 990 PART VI, LINE 15A - COMPENSATION PROCESS FOR TOP OFFICIAL: ANSWERED IN SCHEDULE J. FORM 990 PART VI, LINE 15B - COMPENSATION PROCESS FOR OFFICERS THE COMPENSATION OF EACH MEMBER OF SENIOR MANAGEMENT IS SET BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES FOLLOWING THE PROCEDURES AND STANDARDS SET FORTH IN THE IRS REGULATIONS IN ORDER TO RECEIVE THE "REBUTTABLE PRESUMPTION". AN INDEPENDENT CONSULTING FIRM THAT SPECIALIZES IN COMPENSATION AND BENEFITS PROVIDES MARKET INFORMATION FOR EACH POSITION VIA A COMPENSATION STUDY THAT INCLUDES CONSIDERATION OF THE COMPENSATION PAID BY OTHER EDUCATIONAL INSTITUTIONS. THE COMPENSATION EXPERT PROVIDES A WRITTEN OPINION ON THE REASONABLENESS OF COMPENSATION. THIS PRACTICE ALSO INCLUDES THE COMPENSATION PAID TO ANY INDIVIDUAL RELATED TO A MEMBER OF SENIOR MANAGEMENT OR THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 FORM 990, PART VI, LINE 19 - GOVERNING DOCUMENTS DISCLOSURE EXPLANATION THE CONFLICTS OF INTEREST POLICY IS PUBLISHED IN THE EMPLOYEE HANDBOOKS AND AVAILABLE ON MYSCAD, THE INSTITUTION'S INTRANET. THE GOVERNING DOCUMENTS AND AUDITED FINANCIAL STATEMENTS ARE NOT DISSEMINATED TO THE PUBLIC AT THIS TIME. FORM 990 PART XII LINE 2C THE BOARD HAS ESTABLISHED AN AUDIT COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE INTERNAL AND EXTERNAL AUDIT FUNCTIONS. THE AUDIT COMMITTEE IS ALSO RESPONSIBLE FOR THE SELECTION OF THE INDEPENDENT ACCOUNTING FIRM THAT AUDITS THE INSTITUTION. SAVANNAH MEDIA SERVICES LLC PO BOX 3146 SAVANNAH GA 31402 271079682 SUPPORT GA SAVANNAH COLLEGE OF ART AND DESIGN INC SCAD MUSEUM LLC PO BOX 3146 SAVANNAH GA 31402 273916875 MUSEUM GA -671546 27784121 SAVANNAH COLLEGE OF ART AND DESIGN INC MUSEUM CAFE LLC PO BOX 3146 SAVANNAH GA 31402 463951516 SUPPORT GA SAVANNAH COLLEGE OF ART AND DESIGN INC LUCAS THEATRE FOR THE ARTS INC 32 ABERCORN STREET SAVANNAH GA 31401 581775851 CULTURAL GA 501(C) LINE 9 SAVANNAH COLLEGE OF ART AND DESIGN INC 1 SCAD FOUNDATION (HONG KONG) LIMITED 292 TAI PO ROAD N. KOWLOON N. 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