2014-05-13T14:37:06-05:00 2013-06-30 CROWE HORWATH LLP 70 West Madison Street Suite 700 Chicago IL 606024903 990 2012-07-01 350869045 DEPAUW UNIVERSITY DEPA 7656584800 PO BOX 37 GREENCASTLE IN 46135 BRADLEY A KELSHEIMER 2014-05-12 true Nicole Bencik P00756195 3128997000 2012 2015-11-30 17:44:51Z BRIAN W CASEY PRESIDENT 313 S LOCUST STREET PO BOX 37 GREENCASTLE IN 46135 451073068 false X WWW.DEPAUW.EDU X 1837 IN DEPAUW UNIVERSITY IS A NATIONALLY-RECOGNIZED, LEADING LIBERAL ARTS COLLEGE DEDICATED TO EDUCATING 2,300 STUDENTS. FOR MORE THAN 175 YEARS, DEPAUW HAS CREATED AN ATMOSPHERE OF INTELLECTUAL CHALLENGE & SOCIAL ENGAGEMENT THAT PREPARES STUDENTS FOR LIFELONG SUCCESS. 34 33 2160 138 2944271 -462746 29925505 87093111 97233715 100820428 21379574 50597667 6305859 7697502 154844653 246208708 48728401 48531991 0 0 51763968 53014225 17192 499921 4796541 48545741 49679780 149055302 151725917 5789351 94482791 766524784 867696916 194215245 185490492 572309539 682206424 DEPAUW UNIVERSITY, A RESIDENTIAL LIBERAL ARTS COLLEGE WITH A SCHOOL OF MUSIC, COMBINES A CHALLENGING ACADEMIC EXPERIENCE WITH A VIBRANT CAMPUS CULTURE KNOWN FOR DEVELOPING AND PREPARING ITS GRADUATES FOR A LIFETIME OF LEADERSHIP AND SUCCESS. false false 134620898 48531991 101082603 DEPAUW UNIVERSITY IS A NATIONALLY-RECOGNIZED, LEADING LIBERAL ARTS COLLEGE IN GREENCASTLE, INDIANA, DEDICATED TO EDUCATING 2,300 STUDENTS FROM ACROSS THE COUNTRY AND AROUND THE GLOBE. CONNECTED TO THE LIBERAL ARTS COLLEGE IS ONE OF THE NATION'S FIRST SCHOOLS OF MUSIC. FOR 175 YEARS, DEPAUW HAS CREATED AN ATMOSPHERE OF INTELLECTUAL CHALLENGE AND SOCIAL ENGAGEMENT THAT PREPARES STUDENTS FOR LIFELONG SUCCESS. ACADEMICS AT DEPAUW PUSH STUDENTS TO GAIN BROAD EXPOSURE TO MULTIPLE DISCIPLINES BEFORE NARROWING THEIR FOCUS. DEPAUW OFFERS DOZENS OF MAJORS AND MINORS, A HANDFUL OF HONORS AND FELLOWS PROGRAMS, AND A SET OF EXPERIENTIAL LEARNING OPPORTUNITIES THAT CHALLENGE STUDENTS WITHIN AND BEYOND THE CLASSROOM. BUILDING NETWORKS HAS NEVER BEEN MORE IMPORTANT THAN IT IS RIGHT NOW. AT DEPAUW, STUDENTS MAKE CONNECTIONS THROUGH STUDENT-RUN CLUBS AND ORGANIZATIONS, NCAA DIVISION III ATHLETICS AND OTHER SPORTS, FRATERNITIES AND SORORITIES, AND SERVICE ORGANIZATIONS. DEPAUW ALUMNI GO ON TO CAREERS IN ACADEMIA, MEDICINE, LAW, MUSIC, FINANCE, EDUCATION AND NUMEROUS OTHER FIELDS. THEY ARE SURGEONS, ACTORS, LEGAL ADVOCATES AND ENVIRONMENTAL ACTIVISTS. DEPAUW TAKES PRIDE IN HAVING GIVEN EACH ONE THE CONFIDENCE TO TAKE RISKS AND THE TOOLS TO REALIZE THEIR GOALS. 134620898 true true false false false false true false true true true false false true true true false true false true false true true false false false false true true true false false false false false false true false true false true true false false false true true false false false true 3431 0 true 2160 true true true false false false false false false false false false X 34 33 true false true false false false false true true false false false true true true true true true true false CA IN NH NJ OR X X BRAD KELSHEIMER 7656584161 313 S LOCUST STREET GREENCASTLE IN 46135 SARAH R WALLACE 1.00 X X 0 0 0 ADAM M GILBERT 1.00 X 0 0 0 BAYARD H WALTERS 1.00 X 0 0 0 BISHOP MICHAEL J COYNER 1.00 X 0 0 0 BLAIR A RIETH JR 1.00 X 0 0 0 CORINNE GIESEKE WOOD 1.00 X 0 0 0 DAVID R DIETZ 1.00 X 0 0 0 DOUGLAS I SMITH 1.00 X 0 0 0 G RICHARD LOCKE III MD 1.00 X 0 0 0 JAMES A FISHER 1.00 X 0 0 0 JAMES G STEWART 1.00 X 0 0 0 JANE L EMISON 1.00 X 0 0 0 JANET L JOHNS 1.00 X 0 0 0 JEFFREY A COZAD 1.00 X 0 0 0 KATHY P VRABECK 1.00 X 0 0 0 KENNETH W COQUILLETTE 1.00 X 0 0 0 KREIGH KAMMAN 1.00 X 0 0 0 KYLE E LANHAM 1.00 X 0 0 0 LEE E TENZER 1.00 X 0 0 0 LISA HENDERSON BENNETT 1.00 X 0 0 0 M SCOTT WELCH 1.00 X 0 0 0 MARCUS R VEATCH 1.00 X 0 0 0 MARSHALL W REAVIS IV 1.00 X 0 0 0 MARVIN E FLEWELLEN 1.00 X 0 0 0 MATTHEW S DARNALL 1.00 X 0 0 0 MAX W HITTLE JR 1.00 X 0 0 0 MYRTA PULLIAM 1.00 X 0 0 0 NEWTON F CRENSHAW 1.00 X 0 0 0 R DAVID HOOVER 1.00 X 0 0 0 R LEE WILSON 1.00 X 0 0 0 RICHARD S NEVILLE 1.00 X 0 0 0 ROBERT F WELLS 1.00 X 0 0 0 SALLY G COWAL 1.00 X 0 0 0 STEVEN L TRULASKE 1.00 X 0 0 0 BRADLEY A KELSHEIMER 40.00 X 244748 0 19535 BRIAN W CASEY 40.00 X 461819 0 127233 CHRISTOPHER J WELLS 40.00 X 167209 0 34086 CYNTHIA A BABINGTON 40.00 X 147530 0 47898 DANIEL L MEYER 40.00 X 167220 0 57441 DAVID T HARVEY 40.00 X 142096 0 18938 MARCIA SLOAN LATTA 40.00 X 217312 0 19269 MELANIE NORTON 40.00 X 0 0 0 MICHAEL MAINE 1.00 X 0 0 0 CAROL L SMITH 40.00 X 141336 0 26311 DONALD MARK MCCOY 40.00 X 206477 0 34490 MARY P DIXON 40.00 X 116164 0 54586 PAMELA J COBURN 20.00 X 179929 0 0 ROBERT M STEELE 40.00 X 154498 0 36848 2346338 0 476635 39 false true false SODEXO INC AND AFFILIATES 540 W MADISON 4TH FLOOR CHICAGO IL 60661 FOOD SERVICE 4487412 HASTINGS & CHIVETTA ARCHITECTS INC 622 EMERSON ROAD STE 200 ST LOUIS MO 63141 GENERAL CONTRACTING 1470990 FA WILHELM CONSTRUCTION COMPANY INC 3914 PROSPECT AVE INDIANAPOLIS IN 46203 GENERAL CONTRACTING 1213754 AA HUBER & SONS INC 500 NORTH JACKSON STREET GREENCASTLE IN 46135 GENERAL CONTRACTING 976185 SHIEL SEXTON COMPANY INC 902 NORTH CAPITOL AVE INDIANAPOLIS IN 46204 GENERAL CONTRACTING 650971 39 378022 86715089 9188593 87093111 TUITION AND FEES 611710 87703692 87703692 AUXILIARY SERVICES 611710 13116736 13055294 61442 0 0 0 0 0 0 0 100820428 7005373 7005373 0 0 0 0 0 248456654 204864360 43592294 0 43592294 400518 43191776 0 0 0 CONFERENCES & CATERING 722320 293360 293360 INN AT DEPAUW 721110 2499288 323617 2175671 OTHER INCOME 611710 4891574 4891574 13280 0 13280 0 7697502 246208708 101082603 2944271 55088723 0 48183362 48183362 348629 348629 0 1738878 315091 1188595 235192 34886 34886 38953989 33495896 3206021 2252072 2623733 2218356 246379 158998 6723197 5521337 806138 395722 2939542 2485371 276035 178136 0 196015 196015 169312 169312 0 499921 499921 2116340 2116340 6339299 5461993 859650 17656 277968 215582 62386 1378071 1015612 303182 59277 934310 393293 529341 11676 0 7120478 6554367 466810 99301 2245614 1858326 158780 228508 0 0 5383735 5071349 270439 41947 0 8499091 8043888 394563 60640 526871 513712 11406 1753 PROGRAMS AND ACTIVITIES 8855001 8778039 58784 18178 MEMBERSHIPS 1030491 839552 184790 6149 PRINTING AND PUBLICATIONS 649606 379049 128234 142323 POSTAGE AND SHIPPING 346874 218431 24952 103491 3610704 2674777 650326 285601 151725917 134620898 12308478 4796541 0 62066 79479 19918790 29415700 14885210 60279085 977872 919499 0 0 1306220 1112429 252735 299692 1895196 2145313 360390211 149101610 207814234 211288601 238774763 266289973 268312270 284037792 6193210 5726070 6132218 6103283 766524784 867696916 7871953 11485999 119410000 119035000 0 66933292 54969493 194215245 185490492 X 225765573 257139922 77564741 119473089 268979225 305593413 572309539 682206424 766524784 867696916 X 94482791 5786232 9627862 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 3160141 X X X X false 483049622 37975648 56506890 15469291 10931186 2116340 549015343 500923763 7262743 3842377 17113054 9286179 2580028 483049622 435056793 6593597 87755853 16306816 9530787 2644877 500923763 425363509 3476417 34666064 17156545 9636949 1655703 435056793 544533845 2712170 -94499458 15905414 8936962 2540672 425363509 0.37816 0.54380 0.07797 true false 593716 9650084 10243800 303862602 110036473 193826129 1871245 445036 1426209 39939569 37370734 2568835 4472995 1249367 3223628 211288601 0 0 BENEFICIAL INTEREST IN LEAD AND REMAINDER TRUSTS 14122756 F BENEFICIAL INTEREST IN PERPETUAL TRUSTS 10606880 F ALTERNATIVE INVESTMENTS 259308156 F 284037792 0 ADVANCES FROM GRANTS HELD FOR OTHERS 302115 ANNUITY AND TRUST LIABILITY 14191625 ADVANCES FROM FEDERAL GOVERNMENT FOR STUDENT LOANS 3670970 ACCUMULATED POSTRETIREMENT BENEFIT OBLIGATION 20589145 FAIR VALUE OF INTEREST RATE SWAP 16215638 54969493 X 210974471 5786232 9627862 15414094 195560377 2116340 48531991 50648331 246208708 101077586 0 0 101077586 2116340 48531991 50648331 151725917 Collections of art - description of collections Schedule D, Part III, Line 4 THE UNIVERSITY'S COLLECTIONS INCLUDE WORKS OF ART USED FOR INSTRUCTION, SCHOLARLY RESEARCH, AND PUBLIC EXHIBITION. Intended uses of endowment funds Schedule D, Part V, Line 4 THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 1,000 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE INTENDED USE OF THESE ENDOWMENT FUNDS IS TO PROVIDE CONTINUED FUNDING TO SUPPORT THE UNIVERSITY'S MISSION AND TAX-EXEMPT PURPOSE. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE GOVERNING BODY TO FUNCTION AS ENDOWMENTS (BOARD-DESIGNATED ENDOWMENT FUNDS). AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES OF AMERICA (GAAP), NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING BOARD-DESIGNATED ENDOWMENT FUNDS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. FIN 48 (ASC 740) footnote Schedule D, Part X, Line 2 THE UNIVERSITY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF STATE LAW. HOWEVER, THE UNIVERSITY IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE UNIVERSITY IS SUBJECT TO GUIDANCE WITH RESPECT TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. A TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE "MORE LIKELY THAN NOT" TEST, NO TAX BENEFIT WILL BE RECORDED. THE UNIVERSITY IS NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2010. THE UNIVERSITY DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECORDED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE UNIVERSITY RECOGNIZES INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE UNIVERSITY DID NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES AT JUNE 30, 2013 AND 2012. AT JUNE 30, 2013 AND JUNE 30, 2012, THE UNIVERSITY HAS NOT RECORDED ANY EXPECTED TAX BENEFITS. Other revenues in audited financial statements not in form 990 Schedule D, Part XI, Line 2d GAIN ON INTEREST RATE SWAP - 7248198; OTHER CHANGES IN ACCUMULATED POSTRETIREMENT BENEFIT OBLIGATIONS - 4871304; CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS - -153140; ALLOWANCE FOR UNCOLLECTIBLE CONTRIBUTIONS - -2338500; Other revenues in form 990 not in audited financial statements Schedule D, Part XI, Line 4b SCHOLARSHIPS AND FINANCIAL AID - 48531991; Other expenses in form 990 not in audited financial statements Schedule D, Part XII, Line 4b SCHOLARSHIPS AND FINANCIAL AID - 48531991; true true true true true true true false false false false false false false false true false true Racially nondiscriminatory policy Schedule E, Part I, Line 3 THE UNIVERSITY'S NONDISCRIMINATORY POLICY IS PUBLICIZED ON ITS WEBSITE AND IN MARKETING MATERIALS. Financial aid or assistance from a governmental agency Schedule E, Part I, Line 6a THE UNIVERSITY OFFERS FINANCIAL ASSISTANCE IN THE FORM OF FEDERAL AND STATE ASSISTANCE, SCHOLARSHIPS, GRANTS AND LOANS TO STUDENTS BASED UPON ACADEMIC EXCELLENCE OR FINANCIAL NEED. true EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES EDUCATION/STUDY ABROAD PROGRAMS 109913 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 PROGRAM SERVICES EDUCATION/STUDY ABROAD PROGRAMS 448454 SOUTH AMERICA 0 0 PROGRAM SERVICES EDUCATION/STUDY ABROAD PROGRAMS 4000 CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 167965517 0 0 168527884 STUDENT FINANCIAL SUPPORT CENTRAL AMERICA AND THE CARIBBEAN 23 29181 CREDIT STUDENT ACCOUNT FMV STUDENT FINANCIAL SUPPORT EAST ASIA AND THE PACIFIC 71 92752 CHECK, CREDIT STUDENT ACCOUNT FMV STUDENT FINANCIAL SUPPORT EUROPE (INCLUDING ICELAND AND GREENLAND) 95 121287 CHECK, CREDIT STUDENT ACCOUNT FMV STUDENT FINANCIAL SUPPORT MIDDLE EAST AND NORTH AFRICA 5 6875 CREDIT STUDENT ACCOUNT FMV STUDENT FINANCIAL SUPPORT NORTH AMERICA (CANADA & MEXICO ONLY) 9 12132 CREDIT STUDENT ACCOUNT FMV STUDENT FINANCIAL SUPPORT SOUTH AMERICA 30 40496 CREDIT STUDENT ACCOUNT FMV STUDENT FINANCIAL SUPPORT SOUTH ASIA 5 6480 CHECK, CREDIT STUDENT ACCOUNT FMV STUDENT FINANCIAL SUPPORT SUB-SAHARAN AFRICA 27 39426 CHECK, CREDIT STUDENT ACCOUNT FMV true false true true true true Procedures for monitoring use of grant funds Schedule F, Part I, Line 2 THE UNIVERSITY PROVIDES FINANCIAL SUPPORT TO STUDENTS BASED ON NEED AND MERIT. THE FUNDS ARE CREDITED DIRECTLY TO THE STUDENT'S ACCOUNT. RECORDS ARE MAINTAINED IN ACCORDANCE WITH UNIVERSITY RETENTION AND DESTRUCTION POLICY. THE UNIVERSITY'S FINANCIAL AID DEPARTMENT ADHERES STRICTLY TO ALL FEDERAL AND STATE REGULATIONS AND IS SUBJECT TO THE COMPLIANCE AND INTERNAL CONTROLS OF OMB-A133 (IN WHICH THEY FOLLOW ALL APPLICABLE GUIDELINES). Method used to account for expenditures on organization's financial statements Schedule F, Part I, Line 3 CENTRAL AMERICA AND THE CARIBBEAN: ACCRUAL EAST ASIA AND THE PACIFIC: ACCRUAL EUROPE (INCLUDING ICELAND AND GREENLAND): ACCRUAL SOUTH AMERICA: ACCRUAL Method used to account for grants on organization's financial statements Schedule F, Part III CENTRAL AMERICA AND THE CARIBBEAN: ACCRUAL EAST ASIA AND THE PACIFIC: ACCRUAL EUROPE (INCLUDING ICELAND AND GREENLAND): ACCRUAL MIDDLE EAST AND NORTH AFRICA: ACCRUAL NORTH AMERICA (CANADA & MEXICO ONLY): ACCRUAL SOUTH AMERICA: ACCRUAL SOUTH ASIA: ACCRUAL SUB-SAHARAN AFRICA: ACCRUAL Method used to account for expenditures on organization's financial statements Schedule F, Part I, Line 3 CENTRAL AMERICA AND THE CARIBBEAN: ACCRUAL EAST ASIA AND THE PACIFIC: ACCRUAL EUROPE (INCLUDING ICELAND AND GREENLAND): ACCRUAL SOUTH AMERICA: ACCRUAL Method used to account for grants on organization's financial statements Schedule F, Part III CENTRAL AMERICA AND THE CARIBBEAN: ACCRUAL EAST ASIA AND THE PACIFIC: ACCRUAL EUROPE (INCLUDING ICELAND AND GREENLAND): ACCRUAL MIDDLE EAST AND NORTH AFRICA: ACCRUAL NORTH AMERICA (CANADA & MEXICO ONLY): ACCRUAL SOUTH AMERICA: ACCRUAL SOUTH ASIA: ACCRUAL SUB-SAHARAN AFRICA: ACCRUAL X X X X X true BENTZ WHALEY FLESSNER & ASSOCIATES INC 7251 OHMS LANE MINNEAPOLIS MN 55439 CAMPAIGN COUNSEL false 0 392849 -392849 RUFFALOCODY LLC PO BOX 3018 CEDAR RAPIDS IA 524063018 ANNUAL FUND SUPPORT false 448331 107072 341259 448331 499921 -51590 AK AR CA CT FL GA ID IN IA MD MS MO MT NV NH NJ NM NY NC ND OK OR TN TX WA WV WI AMOUNT PAID TO FUNDRAISER SCHEDULE G, PART I, LINE 2B(V) AMOUNT PAID TO RUFFALOCODY, LLC INCLUDES COSTS ASSOCIATED WITH THE SOFTWARE, HARDWARE, PROFESSIONAL STAFFING, DATA PROCESSING AND FUNDRAISING EXPERTISE FOR THE SCHOOL'S PHONATHON/CALL CENTER. GROSS RECIEPTS FROM ACTIVITY SCHEDULE G, PART I, LINE 2B(IV) DURING THE YEAR DEPAUW UNIVERSITY RAISED OVER $87 MILLION IN CONTRIBUTIONS AS PART OF THE UNIVERSITY'S ONGOING CAMPAIGN FUNDRAISING EFFORTS. BENTZ WHALEY FLESSNER & ASSOCIATES, INC. ("BWF") PROVIDES FUNDRAISING CONSULTING SERVICES TO THE UNIVERSITY. HOWEVER, BWF DOES NOT PERFORM SPECIFIC FUNDRAISING ACTIVITIES OR SOLICITATIONS ON BEHALF OF THE UNIVERSITY; THUS, THE AMOUNT OF CONTRIBUTIONS RECEIVED ATTRIBUTABLE TO BWF'S SERVICES CANNOT BE REASONABLY DETERMINED. Professional fundraising services vs expense payments or reimbursements. Schedule G, Part I, Line 2b BENTZ WHALEY FLESSNER & ASSOCIATES, INC.-IN ADDITION TO CHARGES FOR PROFESSIONAL FEES, THE AGREEMENT PROVIDES FOR THE PAYMENT OF OUT-OF-POCKET EXPENSES INCURRED IN PERFORMING SERVICES SUCH AS TRAVEL COSTS, LONG-DISTANCE TELEPHONE CHARGES, ADMINISTRATIVE SUPPORT, RESEARCH TOOLS, PHOTOCOPYING, POSTAGE, ETC. THESE FEES ARE INCLUDED IN THE AMOUNT REPORTED IN SCHEDULE G, PART I, COLUMN (V). INVOICES ARE ITEMIZED IN ORDER FOR THE UNIVERSITY TO DISTINGUSH PAYMENTS FOR PROFESSIONAL FUNDRAISING SERVICES FROM EXPENSE PAYMENTS AND REIMBURSEMENTS.; true SCHOLARSHIPS AND FINANCIAL AID 2227 48531991 0 N/A N/A Procedures for monitoring use of grant funds Schedule I, Part I, Line 2 THE UNIVERSITY PROVIDES SCHOLARSHIPS AND FINANCIAL AID TO STUDENTS BASED ON NEED AND MERIT. THE FUNDS ARE CREDITED DIRECTLY TO THE STUDENT'S ACCOUNT. RECORDS ARE MAINTAINED IN ACCORDANCE WITH UNIVERSITY RETENTION AND DESTRUCTION POLICY. THE UNIVERSITY'S FINANCIAL AID DEPARTMENT ADHERES STRICTLY TO ALL FEDERAL AND STATE REGULATIONS AND IS SUBJECT TO THE COMPLIANCE AND INTERNAL CONTROLS OF OMB-A133 (IN WHICH THEY FOLLOW ALL APPLICABLE GUIDELINES). X X X X X true true X X X X false true false false false false false true false BRIAN W CASEY 303369 0 100000 0 58450 0 101080 0 26153 0 589052 0 42730 0 BRADLEY A KELSHEIMER 213150 0 30000 0 1598 0 18132 0 1403 0 264283 0 0 0 MARCIA SLOAN LATTA 210000 0 0 0 7312 0 17880 0 1389 0 236581 0 0 0 DONALD MARK MCCOY 164719 0 15000 0 26758 0 15290 0 19200 0 240967 0 0 0 PAMELA J COBURN 178310 0 0 0 1619 0 0 0 0 0 179929 0 0 0 DANIEL L MEYER 148254 0 5000 0 13966 0 13666 0 43775 0 224661 0 0 0 CHRISTOPHER J WELLS 161234 0 5000 0 975 0 14722 0 19364 0 201295 0 0 0 ROBERT M STEELE 152075 0 0 0 2423 0 23880 0 12968 0 191346 0 0 0 CYNTHIA A BABINGTON 140798 0 5000 0 1732 0 12935 0 34963 0 195428 0 0 0 DAVID T HARVEY 140876 0 0 0 1220 0 12529 0 6409 0 161034 0 0 0 MARY P DIXON 115631 0 0 0 533 0 10793 0 43793 0 170750 0 0 0 CAROL L SMITH 135130 0 5000 0 1206 0 12529 0 13782 0 167647 0 0 0 First-class or charter travel Schedule J, Part I, Line 1a IN CERTAIN CIRCUMSTANCES, THE PRESIDENT TRAVELS FIRST OR BUSINESS CLASS FOR BUSINESS-RELATED TRAVEL. THE PRESIDENT'S TRAVEL EXPENDITURES ARE FOR BUSINESS TRAVEL ONLY AND THEREFORE ARE NOT INCLUDED IN HIS TAXABLE INCOME. Tax indemnification and gross-up payments Schedule J, Part I, Line 1a ONE INDIVIDUAL WAS PROVIDED A GROSS-UP PAYMENT DURING THE FISCAL YEAR. THE OFFICER WAS THE RECIPIENT OF A TUITION BENEFIT FOR A CHILD AT ANOTHER SCHOOL. IN ACCORDANCE WITH THE EMPLOYMENT AGREEMENT, THE TUITION PAYMENT WAS GROSSED UP. Housing allowance or residence for personal use Schedule J, Part I, Line 1a AS A CONDITION OF HIS EMPLOYMENT, THE UNIVERSITY'S PRESIDENT WAS PROVIDED HOUSING CONTIGUOUS TO CAMPUS IN THE AMOUNT OF $18,150. THE HOUSING IS FURNISHED FOR THE CONVENIENCE OF THE UNIVERSITY AND IS THEREFORE NOT INCLUDED IN HIS TAXABLE COMPENSATION. Health or social club dues or initiation fees Schedule J, Part I, Line 1a THE UNIVERSITY PAID COLUMBIA CLUB DUES ON BEHALF OF THE PRESIDENT. THE MEMBERSHIP WAS FOR BUSINESS USE ONLY AND WAS NOT INCLUDED IN HIS TAXABLE COMPENSATION. Personal services Schedule J, Part I, Line 1a THE UNIVERSITY PROVIDES THE PRESIDENT WITH TAX PREPARATION, FINANCIAL, AND ESTATE PLANNING SERVICES, WHICH ARE INCLUDED IN HIS TAXABLE COMPENSATION. Supplemental nonqualified retirement plan Schedule J, Part I, Line 4b THE UNIVERSITY'S PRESIDENT PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. CONTRIBUTIONS MADE ON HIS BEHALF AMOUNTED TO $80,000 FOR THE YEAR. Non-fixed payments Schedule J, Part I, Line 7 ALL OFFICERS ARE CONSIDERED FOR AN INCENTIVE BONUS EACH ACADEMIC YEAR, MEASURED BY THE ACHIEVEMENT OF ANNUAL AND STRATEGIC GOALS, AS ESTABLISHED WITH THE CHAIR OF THE BOARD OF TRUSTEES AND THE PRESIDENT. THE AMOUNT OF INCENTIVE BONUS AWARDED IS APPROVED BY THE EXECUTIVE COMPENSATION COMMITTEE. A INDIANA FINANCE AUTHORITY 351602316 455057NJ4 2008-04-30 84555000 CURRENT REFUNDING OF 1/11/2006 BOND ISSUANCE false false false B INDIANA FINANCE AUTHORITY 351602316 455057WG0 2009-12-01 44315803 SEE PART VI false false false A 10520000 0 84555000 0 0 0 414569 169943 0 0 83970488 0 2008 true false true true B 0 0 44315803 0 0 0 477972 0 0 0 43837831 0 2009 true false true true A false false false false false false 0.0000 0.0000 0.0000 false false 0.0000 false true B false false true true false false 0.0090 0.0000 0.0090 false false 0.0000 false true A false false true true true false 0 false false false 0 false false true B false false true true false false 0.0 false false false 0 false false true A true B true DESCRIPTION OF PURPOSE SCHEDULE K, PART I, COLUMN (F) CURRENT REFUNDING OF A PORTION OF 4/30/2008 BOND ISSUANCE; CURRENT REFUNDING 2/11/1999 BOND ISSUANCE; AND REFINANCING OF TAXABLE LINE OF CREDIT. SEE PART V SEE PART V 95780 MERIT-BASED SHOLAR. STUDENT FIN. ASSIST. SEE PART V SEE PART V 3375 INTERNSHIP STIPEND STUDENT FIN. ASSIST. JOHN GERALD WALLACE CHILD OF TRUSTEE 34886 EMPLOYEE COMPENSATION false GRANTS OR ASSISTANCE BENEFITING INTERESTED PERSONS SCHEDULE L, PART II PER THE IRS INSTRUCTIONS FOR SCHEDULE L, COLLEGES, UNIVERSITIES, AND PRIMARY AND SECONDARY SCHOOLS ARE NOT REQUIRED TO IDENTIFY INTERESTED PERSONS TO WHOM THEY PROVIDED SCHOLARSHIPS, FELLOWSHIPS, AND SIMILAR FINANCIAL ASSISTANCE. INSTEAD, THESE ORGANIZATIONS MUST GROUP EACH TYPE OF FINANCIAL ASSISTANCE PROVIDED TO INTERESTED PERSONS IN SEPARATE LINES. FOR EACH LINE, THE SCHOOL IS TO REPORT IN COLUMN (C) THE TYPE OF ASSISTANCE AND AGGREGATE DOLLAR AMOUNT OF THAT ASSISTANCE; COLUMNS (A) AND (B) ARE TO BE LEFT BLANK. X 101 9125593 MARKET VALUE X 1 63000 MARKET VALUE 2 false true false Explanations of reporting method for number of contributions Schedule M, Part I SECURITIES - PUBLICLY TRADED: NUMBER OF CONTRIBUTIONS RECEIVED REAL ESTATE - RESIDENTIAL: NUMBER OF CONTRIBUTIONS RECEIVED Number of contributions or items contributed. Schedule M, part I, column (b), Line 9 NUMBER OF CONTRIBUTIONS RECEIVED Number of contributions or items contributed. Schedule M, part I, column (b), Line 15 NUMBER OF CONTRIBUTIONS RECEIVED Delegate broad authority to a committee Form 990, Part VI, Section A, Line 1a THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE CHAIR OF THE BOARD SERVING AS CHAIR, THE VICE CHAIRS OF THE BOARD, THE METHODIST BISHOP, THE IMMEDIATE PAST CHAIR OF THE BOARD, THE SECRETARY OF THE BOARD, AND FOUR ADDITIONAL VOTING MEMBERS OF THE BOARD OF TRUSTEES APPOINTED TO THE COMMITTEE BY THE CHAIR OF THE BOARD. THE EXECUTIVE COMMITTEE SHALL HAVE AUTHORITY TO ACT BETWEEN REGULAR MEETINGS OF THE BOARD ON ALL MATTERS OF GOVERNANCE AND MANAGEMENT REQUIRING ATTENTION OF THE BOARD. THE EXECUTIVE COMMITTEE SHALL MEET ON AGREED DATES BETWEEN THE REGULAR MEETINGS OF THE BOARD OF TRUSTEES OR UPON NOT LESS THAN 48 HOURS ADVANCE NOTICE (WHICH MAY BE WAIVED BY UNANIMOUS CONSENT), UPON CALL OF THE CHAIR, OF THE PRESIDENT, OR OF TWO MEMBERS OF THE COMMITTEE. A SUMMARY OF ALL ACTION OF THE EXECUTIVE COMMITTEE SHALL BE DISTRIBUTED TO ALL TRUSTEES AS SOON AS POSSIBLE AFTER EACH MEETING OF THE COMMITTEE. Family/business relationships amongst interested persons Form 990, Part VI, Section A, Line 2 NEWTON CRENSHAW AND R. DAVID HOOVER - BUSINESS RELATIONSHIP Significant changes to organizational documents Form 990, Part VI, Section A, Line 4 THE UNIVERSITY AMENDED ITS BYLAWS DURING THE YEAR, WHICH RESULTED IN THE FOLLOWING "SIGNIFICANT" CHANGES: - THE REQUIREMENT THAT AT LEAST 25% OF THE TRUSTEES BE MEMBERS OF THE UNITED METHODIST CHURCH WAS REMOVED; HOWEVER THE BYLAWS UPHOLD THE REQUIREMENT THAT THE UNIVERSITY MAINTAIN ITS HISTORICAL RELATIONSHIP WITH THE UNITED METHODIST CHURCH SUCH THAT MEMBERS OF THE CHURCH SUSTAIN MEANINGFUL REPRESENTATION ON THE BOARD OF TRUSTEES. - THE TERM LIMIT OF VOTING TRUSTEES WAS EXTENDED FROM 12 TO 16 YEARS. - THE TERM LIMIT OF THE AUDIT COMMITTEE CHAIR WAS EXTENDED FROM 3 TO 4 SUCCESSIVE ONE-YEAR TERMS. Review of form 990 by governing body Form 990, Part VI, Section B, Line 11b THE FORM 990 AND RELATED SCHEDULES UNDERGO A THOROUGH REVIEW BY THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION AND THE AUDIT AND RISK MANAGEMENT COMMITTEE. THE FORM AND ALL SCHEDULES, EXCEPT FOR SCHEDULE B, IS THEN PROVIDED TO ALL MEMBERS OF THE BOARD OF TRUSTEES. THE ENTIRE BOARD OF TRUSTEES APPROVES THE FORM 990 PRIOR TO SUBMISSION TO THE IRS. Conflict of interest policy Form 990, Part VI, Section B, Line 12c THE UNIVERSITY'S CONFLICT OF INTEREST POLICY COVERS ALL EMPLOYEES AND BOARD TRUSTEES. ALL BOARD TRUSTEES, KEY ADMINISTRATIVE FACULTY AND STAFF (INCLUDING OFFICERS), AND GRANT ADMINISTRATORS ARE REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE DISCLOSURE. ALL OTHER EMPLOYEES ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST AS THEY MAY ARISE. THE VICE PRESIDENT OF ACADEMIC AFFAIRS AND THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION COLLECT THE ANNUAL CONFLICT OF INTEREST DISCLOSURE FORMS AND CONDUCT AN INITIAL REVIEW OF EACH CONFLICT OF INTEREST DISCLOSURE TO DETERMINE IF A POTENTIAL CONFLICT APPEARS TO EXIST, OR IF A CONFLICT OF INTEREST IN FACT EXISTS. CONFLICT OF INTEREST RESPONSES FOR THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION AND THE CHAIR OF THE BOARD OF TRUSTEES ARE SUBMITTED TO THE CHAIR OF THE AUDIT AND RISK MANAGEMENT COMMITTEE FOR REVIEW. IN ADDITION, A SUMMARY OF ALL CONFLICTS OF INTEREST IS PRESENTED ANNUALLY TO THE CHAIR OF THE AUDIT AND RISK MANAGEMENT COMMITTEE. IF NECESSARY, THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION WORKS WITH THE CHAIR OF THE AUDIT COMMITTEE AND/OR THE CHAIR OF THE BOARD OF TRUSTEES TO DETERMINE THE NECESSARY ACTION TO BE TAKEN FOR ANY ACTUAL CONFLICTS OF INTEREST DETERMINED TO EXIST, SUCH AS REQUIRING THE INDIVIDUAL TO RECUSE HIM OR HERSELF FROM VOTING ON THE CONFLICTING ISSUE. IN ADDITION TO REVIEWING THE CONFLICT OF INTEREST SUBMISSIONS, THE FINANCE DEPARTMENT ANNUALLY REVIEWS A LISTING OF VENDORS PAID TO IDENTIFY ANY POTENTIAL CONFLICTS OF INTEREST. Process used to establish compensation of top management official Form 990, Part VI, Section B, Line 15a UNIVERSITY BYLAWS ESTABLISH A SUBCOMMITTEE OF THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES TO BE DESIGNATED AS THE EXECUTIVE COMPENSATION COMMITTEE. THIS COMMITTEE ANNUALLY DETERMINES THE COMPENSATION TO BE PAID TO THE TOP MANAGEMENT OFFICIAL AND OTHER EXECUTIVE OFFICERS OF THE UNIVERSITY. COMPENSATION REVIEW AND APPROVAL TAKES INTO CONSIDERATION COMPARABLE MARKET DATA, AS WELL AS INDIVIDUAL AND ORGANIZATIONAL PERFORMANCE. MARKET DATA INCLUDES COMPENSATION AND BENEFIT INFORMATION FROM MEMBER INSTITUTIONS OF THE GREAT LAKES COLLEGES ASSOCIATION (GLCA) AND VERIFIABLE COMPENSATION AND BENEFIT INFORMATION OBTAINED FROM OTHER SELECTED PEER LIBERAL ARTS COLLEGES. THIS REVIEW/APPROVAL PROCESS IS DOCUMENTED IN THE COMMITTEE MEETING MINUTES, AND WAS LAST PERFORMED IN JUNE 2013. Process used to establish compensation of other officers/key employees Form 990, Part VI, Section B, Line 15b SEE NARRATIVE FOR FORM 990, PART VI, SECTION B, LINE 15A. Governing documents, conflict of interest policy and financial statements available to the public Form 990, Part VI, Section C, Line 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE ALL AVAILABLE TO THE PUBLIC UPON REQUEST. Other changes in net assets or fund balances Form 990 , Part XI, Line 9 GAIN ON INTEREST RATE SWAP - 7248198; OTHER CHANGES IN ACCUMULATED POSTRETIREMENT BENEFIT OBLIGATIONS - 4871304; CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS - -153140; ALLOWANCE FOR UNCOLLECTIBLE CONTRIBUTIONS - -2338500; CHARITABLE REMAINDER TRUSTS (53) TRUST IN DEPAUW UNIVERSITY TRUST PERPETUAL TRUSTS (8) TRUST IN DEPAUW UNIVERSITY TRUST false false false false false false false false false false false false false false false false false false false