2015-03-11T16:53:49-07:00 2014-06-30 990 2013-07-01 870212470 Westminster College WEST 8018322139 1840 South 1300 East Salt Lake City UT 84105 Sydney Tervort Managing Director 2015-03-11 2013 2016-04-25 22:37:26Z Brian Levin Stankevich 1840 S 1300 E Salt Lake City UT 84015 108945499 false false X www.westminstercollege.edu X 1886 UT Westminster College is a private comprehensive liberal arts college in Salt Lake City, UT offering undergraduate and graduate degrees in liberal arts and professional programs. 31 30 1824 0 5079659 8095574 87109499 87606549 6014305 9451130 550765 470282 98754228 105623535 28225419 28441334 0 41494307 43007165 0 2056534 25066789 24746487 94786515 96194986 3967713 9428549 199110284 207275203 59866295 58602665 139243989 148672538 We are a community of learners with a long and honored tradition of caring deeply about students and their education. Students are challenged to experiment with ideas, raise questions, critically examine alternatives, and make informed decisions. We encourage students to accept responsibility for their own learning, to discover and pursue their passions, and to act with responsibility. Our purposes are to prepare students to lead lives of learning, accomplishment, and service, and to help them develop skills and attributes critical for success in a rapidly changing world. We do this by offering distinctive academic programs that emphasize theory and practice and encourage active, experiential, collaborative, and cross-disciplinary learning. We work to pursue excellence while promoting inclusiveness and respect for differences. false false 79840232 28348563 87606549 Instruction: 2,223 FTE students in undergraduate programs 702 FTE students in graduate programs 1,028 students graduated in the 2012-2013 academic year 79840232 true true false false false false true true false true true true false false true true true false true true true false true false true false false false true true true false false false false false false true false true false true false false false false true false false false false true 184 0 true 1824 true false false false false false false true true false 0 false false false false false false false false false false X 31 30 false false false false false false false true true false false true true true true true true true true false X Sydney Tervort 8018322133 1840 South 1300 East Salt Lake City UT 84105 X Brian Levin Stankevich President 40.00 0.00 X X 305162 0 41681 Kim T Adamson Trustee 1.60 0.00 X 0 0 0 Hamid Adib Trustee 1.60 0.00 X 0 0 0 Jeanne Ambruster Trustee 1.60 0.00 X 0 0 0 Gretchen F Anderson Trustee 1.60 0.00 X 0 0 0 Martha Felt Barton Trustee 1.60 0.00 X 0 0 0 Judith Billings Trustee 1.60 0.00 X 0 0 0 Michael Bills Trustee 1.60 0.00 X 0 0 0 Preston Chiaro Trustee 1.60 0.00 X 0 0 0 James R Clark Trustee 1.60 0.00 X 0 0 0 Curt P Crowther Trustee 1.60 0.00 X 0 0 0 Nancy DeFord Trustee 1.60 0.00 X 0 0 0 Thomas A Ellison Esq Trustee 1.60 0.00 X 0 0 0 Bing L Fang Trustee 1.60 0.00 X 0 0 0 Thomas Fey Trustee 1.60 0.00 X 0 0 0 Deanna Forbush Trustee 1.60 0.00 X 0 0 0 Robert Garda Trustee 1.60 0.00 X 0 0 0 Clark P Giles Trustee 1.60 0.00 X 0 0 0 Henry S Hemingway Trustee 1.60 0.00 X 0 0 0 Laura Kaiser Trustee 1.60 0.00 X 0 0 0 Colleen Kearns McCann Trustee 1.60 0.00 X 0 0 0 Jerilyn McIntyre Trustee 1.60 0.00 X 0 0 0 O Wood Moyle IV Trustee 1.60 0.00 X 0 0 0 Catherine Putnam-Netto Trustee 1.60 0.00 X 0 0 0 Jeff Nelson Trustee 1.60 0.00 X 0 0 0 William Orchow Trustee 1.60 0.00 X 0 0 0 Robert Rendon Trustee 1.60 0.00 X 0 0 0 Pat Richards Trustee 1.60 0.00 X 0 0 0 Alvin Richer Trustee 1.60 0.00 X 0 0 0 David E Simmons Trustee 1.60 0.00 X 0 0 0 Greg Winegardner Trustee 1.60 0.00 X 0 0 0 W Curtis Ryan Treasurer 40.00 0.00 X 220491 0 33471 Annalisa Steggell-Holcombe Secretary 40.00 0.00 X 104863 0 17725 Melissa Flores Secretary 40.00 0.00 X 18471 0 1725 James Seidelman Provost 40.00 0.00 X 264221 0 46294 Stephen Morgan VP, Development 40.00 0.00 X 263976 0 46294 Jin Wang Dean, Business 40.00 0.00 X 217470 0 31784 Jerry Van Os Professor 40.00 0.00 X 158656 0 6506 James Stimpson Asst. Professor 40.00 0.00 X 152745 0 28086 Richard Chapman Professor 40.00 0.00 X 149509 0 12207 Adam Hiatt BB Coach/Camp Dir 40.00 0.00 X 142949 0 19024 George White Professor 40.00 0.00 X 142590 0 26927 Michael Bassis Former President/Emeritus & Trustee 0.00 0.00 X 47408 0 0 2188511 311724 45 true true false American Mechanical Systems Service 556 W 8360 S Sandy UT 84070 Maintenance/repair 301472 RuffaloCody PO Box 3018 Cedar Rapids IA 524063018 Admissions search 131178 Grant Thornton 175 West Jackson 20th Floor Chicago IL 60604 Audit 112035 3 193279 1013361 6888934 1938355 8095574 Auxiliary enterprises 4573362 4573362 Tuition and Fees 83033187 83033187 87606549 21429 21429 87945 87945 1248 1248 0 12478179 3136423 9341756 9341756 9341756 183249 193279 185541 -2292 -2292 0 0 Commissions 611710 94525 94525 Interest-Accts Receivable 525990 196399 196399 Other Revenue 150149 150149 30253 30253 471326 105623535 97419631 108330 0 28348563 28348563 92771 92771 0 1445672 586828 603764 255080 0 31340433 26410532 3877610 1052291 2486342 1956622 389918 139802 5448478 4117804 992143 338531 2286240 1868706 324733 92801 0 124396 124396 99750 99750 0 0 0 1670290 832328 820060 17902 286017 276703 9436 -122 2176469 1939723 191595 45151 1180105 894633 285472 5560 5505 55 1671534 141353 1530181 2941098 2739150 164212 37736 0 136188 115507 17723 2958 2987865 2260448 727417 0 4194790 3173538 1021252 767336 263658 503678 Misc other 2564105 1403056 1143304 17745 Food 2133026 1935287 165147 32592 Campus Repair & Maint. 927254 239987 683271 3996 Bad Debt Expense 390221 390221 490483 237530 232882 20071 96194986 79840232 14298220 2056534 0 20337834 21025911 2512049 2527886 1963374 1835614 0 0 4158213 4206571 0 509146 714460 143254110 44455474 102191888 98798636 0 67437780 78166125 0 0 0 199110284 207275203 6676876 6649436 2579849 2761638 29285000 28165000 4939652 4487527 16384918 16539064 59866295 58602665 X 70343457 69807345 18427865 23794333 50472667 55070860 139243989 148672538 199110284 207275203 9428549 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 2 1 1 2 1 false true 716570 X X X true 61790000 2031938 8698144 -954792 -282513 71282777 57497471 917088 5430313 -904728 -1150144 61790000 58945411 3440382 -2781913 -902896 -1203513 57497471 51491292 466534 8968850 -917403 -1063862 58945411 1402238 5149824 -925759 -984357 51491292 51491292 0.02000 0.76000 0.22000 true false false 2577798 2577798 116420880 26227286 90193594 2599370 1506606 1092764 12636194 9904321 2731873 9019868 6817261 2202607 98798636 78166125 Capital lease obligation 14345960 Funds held on deposit for others 276518 U.S. government grants refundable - gov 1916586 16539064 X 77367742 -28255793 -28255793 105623535 105623535 67939193 67939193 28255793 28255793 96194986 Part II, Line 9: Organization Reporting of conservation easements. Westminster College obtained the easements as part of a purchase agreement with the City of Salt Lake recorded on March 10, 2011. The easements are on approximately 1 acre of the total 4.6 acres. Because the easements were part of the purchase, we do not separately account for them in the financial statements or footnotes. Part III, Line 4: Description of organization's collections and how it furthers its purpose. The college received donations of collection and works of art. These collections further the college's exempt purpose by enhancing the educational experience for the students by using them for discussions and research in the classroom as wells as for public exhibition. Part V, Line 4: Intended uses of the endowment fund. Theintended use of endowment funds is to provide scholarships to students and support the activities of the College through distribution of earnings to the operating fund in a manner consistent with donor restrictions. Part X : FIN48 Footnote Income tax status: The College has been recognized by the Internal Revenue Service as an organization that is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code on its income other than unrelated business income. The College has also been recognized by the State of Utah as an organization exempt from state income taxation except to the extent of unrelated business income. Accordingly, no provision for income taxes is made in the financial statements.As required by US GAAP, the College has identified and evaluated its significant tax positions for which the statute of limitations remain open. The open tax years are the years ended June 30, 2011 through June 30, 2014 for federal tax purposes and Utah tax purposes. The College applied the more likely than not criteria to all tax positions and determined no material unrecognized tax benefits or liability should be recognized. In addition, there have been no material changes in unrecognized benefits as of June 30, 2014, and is it not expected that there will be a material change in the 12 months following June 30, 2014. There have been no related tax penalties or interest, which would be classified as a tax expense in the statement of activities. Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Scholarships $28441334 Expenses related to special event $-185541 true true true true true true true false false false false false false false false true false true Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency Westminster College participates in various financial assistance programs as authorized by Title IV of the Higher Education Act of 1965 and administered by the U.S. Department of Education. Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized Westminster College's non-discrimination policy is as follows:Employment Policy: Westminster College does not discriminate in employment opportunities or practices on the basis of race, color, ethnicity, religion, gender, national origin, age, disability, veteran status, gender identification, sexual orientation or any other characteristic protected by law.Education Policy: Westminster College administers all of its educational programs, related support services, and benefits in a manner which does not discriminate against students or prospective students with regard to race or ethnicity, color, religion, national origin, sex, age, sexual orientation, gender identification, disabilities, genetic information, or status as a veteran, or any other category or classification protected by applicable federal, state, or city laws.The admissions application, scholarship application, academic catalog, class schedules and all other materials sent to prospective students and members of the general community served by the College include the Colleges statement as noted above. Westminster College complies with federal and state non-discrimination laws and will not discriminate in admission and financial aid against any person because of race, color, sex, religion, national origin or physical handicap. Schedule E, Line 4 - Explanation of Records and Materials Not Maintained Schedule E, Line 5 - Explanation of Organization Discrimination by Race true Central America & Caribbe 0 0 Program Services Graduate Trip 102000 Central America & Caribbe 0 0 Program Services Undergraduate Trip 80000 Central America & Caribbe 0 0 Program Services Student Services 2000 East Asia & the Pacific 0 0 Program Services Graduate Trip 63000 East Asia & the Pacific 0 0 Program Services Undergraduate Trip 172000 East Asia & the Pacific 0 0 Program Services Instruction 39000 East Asia & the Pacific 0 0 Program Services Academic Support 14000 East Asia & the Pacific 0 1 Program Services Student Services 14000 Europe 0 0 Grantmaking Study Abroad 93000 Europe 0 0 Program Services Graduate Trip 367000 Europe 0 0 Program Services Undergraduate Trip 221000 Europe 0 0 Program Services Instruction 99000 Europe 0 0 Program Services Academic Support 6000 Europe 0 0 Program Services Student Services 25000 North America 0 0 Program Services Graduate Trip 22000 North America 0 0 Program Services Instruction 4000 North America 0 0 Program Services Academic Support 1000 North America 0 0 Program Services Student Services 10000 Russia & the Newly Indep State 0 0 Program Services Student Services 4000 South America 0 0 Program Services Undergraduate Trip 87000 South America 0 0 Program Services Academic Support 3000 South America 0 0 Program Services Student Services 6000 South Asia 0 0 Program Services Student Services 20000 Sub-Saharan Africa 0 0 Program Services Graduate Trip 129000 Sub-Saharan Africa 0 0 Program Services Student Services 3000 1 1 1324000 262000 1586000 Institutional Scholarships Europe 10 92771 Student Account N/A Book false false false false false false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US The costs of providing the college's various programs and other supporting services, including foreign transactions, have been summarized on a functional basis in the statements of activities. Accordingly, certain costs have been allocated among the programs and supporting services. We are not required to show foreign transactions separately for financial statement reporting purposes. The method used to account for the total expenditures by region included an evaluation of all expenses that included a cross border transaction fee and an accumulation of total expenditures related to undergraduate and graduate academic/international trips. Part I - Additional Supplemental Information Part III, column (a) The College pays grants or assistance to students on the first day of classes for each respective semester. To determine the residential status at the time the grant is paid, the College compares the first day of classes for both institutions. The student is considered to be a "foreign individual" within one week of the start of classes at the foreign institution. false 2013 Schol Gala 329470 151221 178249 102123 24878 1200 40207 2014 Schol Gala 47058 42058 5000 430 16703 376528 193279 183249 102123 25308 1200 56910 185541 -2292 true 0 0 Institutional Scholarships 2151 26226092 Book Value SEOG 126 217311 Book Value UCOPE 11 19900 Book Value Annual Scholarships 256 869024 Book Value Endowed Scholarships 421 1016236 Book Value Grantmaker's Description of How Grants are Used The college reports are regularly reviewed to be certain funds are used for proper purposes. Federal grant reporting and reconciliation occurs monthly and during the yearly A-133 audit. Awarding practices are reviewedforcompliance with federal regulations. Students are reviewed yearly for continued and new fund eligibility to be sure academic standards and other grant-specific criteria have been met. X X X X X false true false false false false false false false false Adam Hiatt BB Coach/Camp Dir 142409 540 19024 161973 Brian Levin Stankevich President 303985 1177 41681 346843 George White Professor 142590 26927 169517 James Seidelman Provost 263141 1080 46294 310515 James Stimpson Asst. Professor 152745 28086 180831 Jerry Van Os Professor 156556 2100 6506 165162 Jin Wang Dean, Business 216390 1080 31784 249254 Michael Bassis Former President/Emeritus & Trustee 47408 47408 Richard Chapman Professor 147409 2100 12207 161716 Stephen Morgan VP, Development 263436 540 46294 310270 W Curtis Ryan Treasurer 206091 14400 33471 253962 A Salt Lake County Utah 876000316 79567PCS0 2005-05-10 16715000 To finance construction projects and debt service reserve false false false B Salt Lake County Utah 876000316 79567PDG5 2007-04-10 18270000 To advance refund the callable college revenue bonds false false false A 16715000 193859 8280000 51762 8267906 true false true true B 18270000 1611450 15752862 14670 2549541 false true true true A false false false false false true B false false false false false true A false false false NA false NA false false true B false false false NA false NA false false true Part VI The rebate computation was performed for the 2005 bond issue on 6/28/10 and for the 2007 bond issue on 6/14/12. 13860 Tuition Tuit Remission Bing Fang Family - Brd 46865 EmployeeCompensation false X 450 Cost X 75000 Cost X 12 1221653 Market Value X 1 500250 Market Value X 1 3124 Cost X Gift certificate 1 2500 Cost X Event use 1 6000 Cost X Gift Basket 1 5000 Cost X Event use 1 5000 Cost X Instr/Program 1 30000 Cost X Gift Basket 1 2200 Cost X Event use 1 5000 Cost X Gift Basket 1 3000 Cost X Gift Basket 1 3240 Cost X Event use 8 6951 Cost X Furniture 1 1000 Cost X Gift Basket 184 67267 Cost X Instr/Program 1 720 Cost false true false Form 990, Part VI, Line 1a: Explanation of Delegated Broad Authority to Committee The Executive Committee of the Board of Trustees shall comprise the following Trustees: the Chair of the Board of Trustees, the Vice Chair of the Board of Trustees, the Chairs of Board Committees, the President and one or more other Trustees chosen at large. The Chair of the Board of Trustees shall be the Chair of the Executive Committee. The Executive Committee shall perform the following duties: * Represent the Board of Trustees in the intervals between Board meetings on actions which must be final and approved prior to the next meeting of the Board and on matters as delegated by the Board of Trustees to the Executive Committee, except to the extent prohibited by these Bylaws and the Utah Revised Nonprofit Corporation Act 2000, and any subsequent amendments or successor thereto; * Report all Executive Committee actions in full to the Board of Trustees at the first Board of Trustees meeting after the date of the Executive Committee's actions. All such Executive Committee actions shall be the final and official actions of the Corporation, unless the Board of Trustees is responsible for final action on the matter pursuant to the terms of these Bylaws or the Executive Committee indicates that its action is a recommendation to the Board of Trustees. Form 990, Part VI, Line 11b: Form 990 Review Process The Westminster College (the "College") tax return is completed by the Director of Budget, and reviewed by the Managing Director of Financial Affairs and the VP of Finance and Administration. Once completed, the documents are reviewed by the Audit Committee and submitted electronically to the full board of trustees. Once the trustees have reviewed - the return is transmitted electronically to the IRS. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Process of Identification: The Secretary of the Board will collect Statements of Disclosure from all trustees, officers, and key employees each year at the first Board meeting of the College's fiscal year and from all new trustees, officers, and key employees at the time of their appointment. The Audit Committee will review each Statement of Disclosure for actual or potential conflicts of interest, including, but not limited to, the following factors: * Solicitation or acceptance of gifts, gratuities, free travel, or other items of value that could create the appearance of a conflict or an expectation of special treatment in College matters; * Incidents of abuse or misuse of an individual's position for personal or third-party gain or benefit; * Use of the College's staff, services, equipment, materials, resources, or property for personal or third party gain, or representing to third parties that one's authority as a trustee, officer, volunteer, or key employee is more extensive than it is in actuality; * Situations where a trustee, officer, or key employee may be divided between personal interests or the interests of another organization and the best interests of the College; * Engagement in business, professional conduct, or other activities that may be directly or indirectly adverse to the interests of the College; and, * Any arrangements in which a trustee, officer, or key employee provides goods or services to the College as a paid vendor or outside service-provider. The Audit Committee may request additional information from any trustee, officer, or key employee at any time. While an individual's relationships or activities are under review, the individual may not deliberate, debate, or vote until a determination is made. Resolution: When the Audit Committee or the Board of Trustees identifies an actual, potential, or apparent conflict of interest, it may take one of the following actions to resolve such conflict: * Waive the conflict of interest as unlikely to affect the trustee's, officer's, volunteer's or key employee's ability to act in the best interests of the College; * Recuse the individual trustee, officer, volunteer, or key employee from deliberation or decision-making related to the specific matter giving rise to the conflict. * Request the resignation of the trustee, officer, volunteer or key employee from his or her service or position at the College because the conflict of interest is so pervasive that it is likely the trustee, officer or key employee would be unable to act solely in the best interests of the College. The Board of Trustees has final authority over the resolution of all conflicts of interest involving a trustee, officer, or key employee and may overrule any decision of the Audit Committee and the Audit Committee may refer any conflict of issue matter to the Board at any time. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The Compensation Committee of the Board of Trustees of Westminster College is responsible for reviewing and making recommendations to the Board of Trustees regarding the terms of contract with the President and the President's compensation, conducting an annual evaluation of the President, and overseeing compensation for the provost, vice presidents, staff who report directly to the President, and covered employees for fairness, effectiveness, and reasonableness. * In forming a recommendation regarding the President's compensation, the Committee will rely on comparability data, such as the compensation paid to Presidents and executive officers by similar institutions. This data may include compensation studies by independent organizations, written job offers for positions at similar organizations, and information obtained from the IRS Form 990 filings of similar organizations. * The Committee shall fully disclose the proposed employment contract for the President, including its recommendation for compensation and all material financial terms, to the full Board of Trustees for approval. * Concurrent with its recommendation regarding compensation, the Committee shall provide an annual report to the Board regarding its evaluation of the President's performance. * The President will present to the Committee his or her report on compensation for the provost, vice presidents, staff who report directly to the President, and any covered employee, including comparability data and performance information. * The Committee will take and keep minutes that document how it formed its recommendations and approval decisions. The minutes will include the following: a The terms of the compensation and the date it was approved; b The members of the Committee who were present during the Committee meetings and who voted on the recommendation; and c The comparability data obtained and reviewed and the source of the data. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The following records of Westminster College are available for public inspection and copying, upon request: * Exemption Letter * Audited Financial Statements with A133 for the three fiscal years prior to the date of the request * Tax filings Form 990 and 990T for the three fiscal years prior to the date of the request To make a request to inspect and/or acquire a copy of these records, contact the Managing Director of Financial Affairs, Office of Administrative Services, at 801-832-2133. Form 990, Part I, Line 4 Non-independent Trustee: * President Brian Levin-Stankevich is both an officer and trustee for Westminster College. Form 990, Part V, Line 7g The College did not receive any contributions of intellectual property and thus was not required to file Form 8899. Form 990, Part V, Line 7h The College did not receive any contributions of cars, boats, airplanes, and other vehicles and thus was not required to disclose on Form 1098-C. Schedule D, Part V, Line 2 a-c The numbers reflected in the Form 990 Schedule D, Part V, Line 2 a-c are the percentages related to the End of Year Endowment funds balance prior to the reclassification entry for the College's underwater endowments ($90,505 in 2014, $387,734 in 2013, $928,080 in 2012, $286,992 in 2011, $1,178,043 in 2010 moved from term to unrestricted endowment funds). The percentages from the audited financial statements would be as follows:2014 2013 2012 2011 2010 2% 2% 0% 1% 0% Board designated or quasi-endowment 76% 80% 84% 78% 84% Permanent endowment 22% 18% 16% 21% 16% Term endowment Bill and Vieve Gore Endowment Fund 1840 South 1300 East Salt Lake City UT 841053617 876213067 Endowment earnings to Westminster College of Salt Lake City UT 501(c)(3) 509(a)(3)Type I N/A false false false false false false false false false false false false false false false false false false false true Bill and Vieve Gore Endowment Fund s 602154 End spend rate