2014-05-14T16:11:16-05:00 2013-06-30 270355040 WILKINS MILLER HIERONYMUS LLC PO BOX 70047 MOBILE AL 36670 990 2012-07-01 631173425 COLLEGIATE HOUSING FOUNDATION COLL 2519289340 POST OFFICE BOX 1385 FAIRHOPE AL 365331385 LEEMAN H COVEY 2519289340 2014-05-14 1 BRIAN M BLAKENEY P00444917 2514106700 2014-05-12 2012 2015-11-30 17:44:51Z LEEMAN H COVEY POST OFFICE BOX 1385 FAIRHOPE AL 365331385 187627272 0 X WWW.COLLEGIATEHOUSING.ORG X 1996 AL (A)THE ORGANIZATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE U.S INTERNAL REVENUE CODE OF 1986 (THE CODE) INCLUDING FOR SUCH PURPOSES:(1)ASSISTING EACH OF ITS MEMBERS TO PROVIDE HOUSING FOR ITS ENROLLED STUDENTS; AND (2)OTHERWISE ASSISTING EACH OF ITS MEMBERS TO FURTHER THEIR EDUCATIONAL MISSIONS.(B)THE ORGANIZATION IS EMPOWERED TO DO AND PERFORM SUCH ACTS AS MAY BE NECESSARY OR APPROPRIATE IN CARRYING OUT THE FOREGOING PURPOSES OF THE ORGANIZATION AND IN CONNECTION THEREWITH TO EXERCISE ANY OF THE POWERS GRANTED TO NONPROFIT CORPORATIONS BY THE ALABAMA NONPROFIT CORPORATION ACT WHICH ARE CONSISTENT WITH THE ORGANIZATION'S STATUS AS AN ORGANIZATION (I) EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(A) AND 501(C)(3) OF THE CODE AND (II) TO WHICH CONTRIBUTIONS ARE DEDUCTIBLE UNDER SECTION 170(C)(2) OF THE CODE. 6 5 3 0 90465 89465 3200000 0 87266560 107650828 2650356 16720971 76507 90465 93193423 124462264 0 0 0 0 628439 702547 0 0 0 108586616 128449407 109215055 129151954 -16021632 -4689690 1071624609 968477926 1156995358 1053964348 -85370749 -85486422 X (A)THE ORGANIZATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE OF 1986 (THE CODE) INCLUDING FOR SUCH PURPOSES:(1)ASSISTING EACH OF ITS MEMBERS TO PROVIDE HOUSING FOR ITS ENROLLED STUDENTS; AND(2)OTHERWISE ASSISTING EACH OF ITS MEMBERS TO FURTHER THEIR EDUCATIONAL MISSIONS.(B)THE ORGANIZATION IS EMPOWERED TO DO AND PERFORM SUCH ACTS AS MAY BE NECESSARY OR APPROPRIATE IN CARRYING OUT THE FOREGOING PURPOSES OF THE ORGANIZATION AND IN CONNECTION THEREWITH TO EXERCISE ANY OF THE POWERS GRANTED TO NONPROFIT CORPORATIONS BY THE ALABAMA NONPROFIT CORPORATION ACT WHICH ARE CONSISTENT WITH THE ORGANIZATION'S STATUS AS AN ORGANIZATION (I) EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(A) AND 501(C)(3) OF THE CODE AND (II) TO WHICH CONTRIBUTIONS ARE DEDUCTIBLE UNDER SECTION 170(C)(2) OF THE CODE. 0 0 62600804 46274892 PROVIDE 5126 BED STUDENT HOUSING FACILITY IN IRVINE,CA FOR UNIVERSITY OF CALIFORNIA IRVINE 14293764 12209549 PROVIDE 1,248 BED STUDENT HOUSING FACILITY IN DEKALB, IL FOR NORTHERN ILLINOIS UNIVERSITY 7347756 8101689 PROVIDE 880 BED STUDENT HOUSING FACILITY IN NEWARK, DE FOR UNIVERSITY OF DELAWARE 4526879 4127335 PROVIDE 516 BED STUDENT HOUSING FACILITY IN ELON, NC FOR ELON UNIVERSITY 615799 214377 PROVIDE 576 BED STUDENT HOUSING FACILITY IN SALISBURY, MD FOR SALISBURY UNIVERSITY 3050383 4070510 PROVIDE 753 BED STUDENT HOUSING FACILITY IN BIRMINGHAM, AL FOR UNIV. OF ALABAMA AT BIRMINGHAM 801031 50579 PROVIDE 420 BED STUDENT HOUSING FACILITY IN TOWSON, MD FOR TOWSON UNIVERSITY 3122851 2558374 PROVIDE 312 BED STUDENT HOUSING FACILITY IN BURLINGTON, VT FOR THE UNIVERSITY OF VERMONT 2881620 3756194 PROVIDE 523 BED STUDENT HOUSING FACILITY IN BIRMINGHAM, AL FOR THE UNIVERSITY OF ALABAMA AT BIRMINGHAM 3073478 3159001 PROVIDE 338 BED STUDENT HOUSING FACILITY IN DELAND, FL FOR STETSON UNIVERSITY 1764390 1952431 PROVIDE 416 BED STUDENT HOUSING FACILITY IN HENRIETTA, NY FOR THE ROCHESTER INSTITUTE OF TECHNOLOGY 1770431 1006979 PROVIDE 267 BED STUDENT HOUSING FACILITY IN PORTALES, NM FOR EASTERN NEW MEXICO UNIVERSITY 1382714 1444724 PROVIDE 264 BED STUDENT HOUSING FACILITY IN MAGNOLIA, AR FOR SOUTHERN ARKANSAS UNIVERSITY 1446359 837075 PROVIDE 258 BED STUDENT HOUSING FACILITY IN ROSWELL, NM FOR EASTERN NEW MEXICO UNIVERSITY 477931 PROVIDE 159 BED STUDENT HOUSING FACILITY IN KUTZTOWN, PA FOR KUTZTOWN UNIVERSITY 1121308 1241962 PROVIDE 177 BED STUDENT HOUSING FACILITY IN ALBANY, NY FOR THE ALBANY COLLEGE OF PHARMACY 1113468 1064893 PROVIDE 180 BED STUDENT HOUSING FACILITY IN ST. DAVID'S, PA FOR EASTERN COLLEGE 731883 879800 PROVIDE 122 BED STUDENT HOUSING FACILITY IN ALBANY, NEW YORK FOR THE ALBANY COLLEGE OF PHARMACY 62176 PROVIDE 702 BED STUDENT HOUSING FACILITY IN ASHLAND, OR FOR SOUTHERN OREGON UNIVERSITY 2662127 1589706 PROVIDE 332 BED STUDENT HOUSING FACILITY IN LARAMIE, WY FOR UNIVERSITY OF WYOMING 1803618 1758710 PROVIDE 160 BED STUDENT HOUSING FACILITY IN HYDE PARK, NY FOR CULINARY INSTITUTE OF AMERICA 7081075 6601464 PROVIDE 896 BED STUDENT HOUSING FACILITY IN NORMAL, IL FOR ILLINOIS STATE UNIVERSITY 4362382 2823762 PROVIDE 457 BED STUDENT HOUSING FACILITY IN DES MOINES, IOWA FOR DRAKE UNIVERSITY 43851903 39137876 128094227 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 95 0 1 3 1 1 1 0 0 0 0 0 0 0 0 0 X 6 5 0 1 0 0 1 1 0 1 0 0 1 1 1 1 1 1 0 1 1 1 0 AL AR CA IL PA NC FL OR X LEEMAN H COVEY 2519289340 409 JOHNSON AVE FAIRHOPE AL 36532 LEEMAN H COVEY 30.00 X X 105000 0 16530 JOHN BROOKS SLAUGHTER 1.50 X X 10000 0 0 HON JACK EDWARDS 1.50 X X 10000 0 0 LINDA FLAHERTY-GOLDSMITH 1.50 X 10000 0 0 JOHN B HICKS 1.50 X X 10000 0 0 THOMAS M DALY 1.50 X 10000 0 0 JANET BROWN 35.00 X 72750 0 15633 WILLIAM B GIVHAN 40.00 X 360000 0 31271 587750 0 63434 2 0 1 0 PEPPER CONSTRUCTION 643 NORTH ORLEANS STREET CHICAGO IL 606543608 CONSTRUCTION 45849457 ACC SC DEVELOPMENT LLC 12700 HILL COUNTRY BLVD STE T-200 AUSTIN TX 78738 MANAGEMENT 16617867 ANDROIT CONSTRUCTION CO INC 185 MISTLETOE RD ASHLAND OR 975209517 CONSTRUCTION 11525545 KIRCHOFF PROPERTIES 199 WEST RD STE 101 PLEASANT VALLEY NY 12569 CONSTRUCTION 10727945 PETRA INC 1097 ROSARIO STREET MERIDIAN ID 83642 CONSTRUCTION 8025078 20 RENTAL INCOME 531110 102660380 102660380 MISCELLANEOUS INCOME 531110 1977169 1977169 CONVENIENCE INCOME 531110 1926822 1926822 FEES/FORFEITED DEPOSITS 531110 1086457 1086457 107650828 178942 178942 2886089 2886089 276413 185948 90465 90465 90465 76635000 62979060 13655940 13655940 13655940 124462264 105724006 90465 18647793 605000 605000 5850 5850 64510 64510 27187 27187 10469381 10469381 314438 276947 37491 335739 245957 89782 165101 165101 360750 360750 244446 241427 3019 1349237 1332537 16700 87421 84178 3243 25714529 25683544 30985 56998 30732 26266 20564 20564 52373253 52373253 28971398 28963495 7903 1644894 1585869 59025 MISCELLANEOUS 3472950 3412748 60202 LOSS ON EXTINGUISHMENT 2701411 2701411 BAD DEBT 160803 160803 PREOPENING COSTS 6094 6094 129151954 128094227 1057727 0 10808643 12622543 158033231 84640534 1353288 1587753 25514154 21281316 770924272 112493482 571416708 658430790 123717324 119928966 25606484 24251519 155174777 45734505 1071624609 968477926 50985822 36143350 5834591 5803766 1050467116 970611743 27020157 25727853 22687672 15677636 1156995358 1053964348 X -85370749 -85486422 -85370749 -85486422 1071624609 968477926 X -4689690 -1111675 5685692 X X 0 1 X 1 0 X 490724 661301 374441 3200000 4726466 63756701 69716397 78615765 87265874 107650829 407005566 64247425 70377698 78990206 90465874 107650829 411732032 0 0 0 411732032 2002704 1934213 2725021 2650356 3065031 12377325 10887 70797 81684 2002704 1934213 2725021 2661243 3135828 12459009 66250129 72311911 81715227 93127117 110786657 424191041 0.97060 0.96600 0.02940 0.03400 X 6098861 6098861 734308863 95680604 638628259 30516548 16812878 13703670 658430790 SECURITY DEPOSITS 2555935 FAIR VALUE OF INTEREST EXCHANGE 13121701 15677636 X 130333904 5871640 5871640 124462264 0 124462264 130449577 1111675 185948 1297623 129151954 0 129151954 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE FOUNDATION HAS A POLICY FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE FOUNDATION WILL RECORD A LIABILITY FOR UNCERTAIN TAX POSITIONS WHEN IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WOULD NOT BE SUSTAINED IF EXAMINED BY THE TAXING AUTHORITY. FOR TAX-EXEMPT ENTITIES, TAX POSITIONS INCLUDE THE ENTITY'S TAX-EXEMPT STATUS AND ASSUMPTIONS USED TO DETERMINE UNRELATED BUSINESS TAXABLE INCOME. THE FOUNDATION HAD NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2013 OR JUNE 30, 2012. THE TAX YEARS 2009 - 2012 REMAIN OPEN TO EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: EXPENSES REPORTED AS REDUCTIONS OF UBIT ON PART VIII LINE 6B 185,948. CHANGE IN FAIR VALUE OF INTEREST EXCHANGE 5,685,692. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES REPORTED AS DEDUCTIONS TO UBIT ON PART VIII LINE 6B 185,948. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 WILLIAM B GIVHAN 360000 0 0 0 0 0 0 0 31271 0 391271 0 0 0 PART I, LINE 1A FIRST-CLASS TRAVEL WAS PROVIDED ON OCCASSION TO TWO OFFICERS OF THE FOUNDATION. THE FIRST-CLASS TRAVEL WAS NOT CONSIDERED TAXABLE COMPENSATION. TRAVEL WAS CONSISTENT WITH THE FOUNDATION'S TRAVEL POLICY WHICH STATES, "OFFICERS AND DIRECTORS REQUESTING OFFICIAL TRAVEL SHOULD ATTEMPT TO TRAVEL BY THE MEANS MOST ECONOMICAL TO CHF. IN SELECTING A PARTICULAR METHOD OF TRANSPORTATION, CONSIDERATION SHALL BE GIVEN FOR THE TOTAL COST TO CHF WHICH WILL RESULT, INCLUDING LOST WORK, AND ACTUAL TRANSPORTATION COSTS, WITH THE UNDERSTANDING THAT OFTENTIMES, CONVENIENCE AND URGENCY MAY NECESSITATE MORE EXPENSIVE TRANSPORTATION." PART I, LINE 3 THE BOARD OF DIRECTORS REVIEWED COMPENSATION SURVEYS AND OTHER DATA FOR INDIVIDUALS IN FUNCTIONALLY COMPARABLE POSITIONS IN SIMILAR ORGANIZATIONS AND BASED ALL OF THE OFFICERS' SALARIES ON SUCH INFORMATION. WRITTEN EMPLOYMENT CONTRACTS WERE EXECUTED BY THE PRESIDENT AND CHIEF OPERATING OFFICER OF THE FOUNDATION. A NEW CASTLE COUNTY DELAWARE 516000160 643284AA0 2005-09-29 44965000 TO PROVIDE FUNDS TO REFUND BONDS ISSUED ON NOVEMBER 17, 1999 0 0 0 B DELAWARE COUNTY AUTHORITY 231973437 24600NAC7 2008-12-30 5950000 TO PROVIDE FUNDS TO REFUND BONDS ISSUED ON JUNE 29, 2000 0 0 0 C HOUSING FACILITIES BOARD OF THE CITY OF MAGNOLIA ARKANSAS 731687429 559557AP8 2003-12-30 11871268 TO CONSTRUCT A STUDENT HOUSING FACILITY AT SOUTHERN ARKANSAS UNIVERSITY 0 0 0 D VERMONT HOUSING FINANCE AGENCY 030239902 924197AA4 2004-07-29 23075000 TO CONSTRUCT A STUDENT HOUSING FACILITY AT THE UNIVERSITY OF VERMONT 0 0 0 A 7460000 44965000 2800583 359835 141427 97417 41565741 2001 0 1 1 1 B 640000 5950000 421972 67175 51825 5831000 2001 0 1 1 1 C 1630000 11961235 831905 286793 237067 781139 355311 9466945 14979 2004 0 0 1 1 D 150000 23550928 871563 1595815 461500 132046 1197078 19332990 2005 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 1 1 PNC BANK NATIONAL ASSOCIATION 20.400000000000 0 0 0 1 1 B 0 0 0 1 1 1 TD BANK NA 20.500000000000 0 0 1 SOCIETE GENERAL 10.000000000000 1 1 1 C 0 0 0 1 0 0 1 WACHOVIA BANK NATIONAL ASSOC 9.800000000000 1 1 1 D 0 0 0 1 1 0 1 AMERICAN INTERNATIONAL GROUP 2.200000000000 1 1 1 A 0 B 0 C 0 D 0 SCHEDULE K, PART I, ENTITY 5, LINE B, COLUMN F DESCRIPTION OF PURPOSE: TO CONSTRUCT A STUDENT HOUSING FACILITY AT NORTHERN ILLINOIS UNIVERSITY AND PROVIDE FUNDS TO REFUND BONDS ISSUED ON OCTOBER 23, 2006 SCHEDULE K FIVE SCHEDULE K SCHEDULES COMPLETED TO ACCOUNT FOR ALL OUTSTANDING POST-DECEMBER 31, 2002 BONDS. SCHEDULE K PART II LINE 3 DIFFERENCES BETWEEN SCHEDULE K PART I COLUMN E AND PART II LINE 3 HOUSING FACILITIES BOARD OF THE CITY OF MAGNOLIA ARKANSAS 12/30/03 ISSUE - INVESTMENT EARNINGS DURING PROJECT PERIOD VERMONT HOUSING FINANCE AGENCY 7/29/04 ISSUE - INVESTMENT EARNINGS DURING THE PROJECT PERIOD CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 12/14/04 ISSUE - INVESTMENT EARNINGS DURING THE PROJECT PERIOD CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 7/30/08 ISSUE - INVESTMENT EARNINGS DURING THE PROJECT PERIOD VOLUSIA COUNTY INDUSTRIAL DEVELOMENT AUTHORITY 11/18/05 ISSUE - INVESTMENT EARNINGS DURING THE PROJECT PERIOD CITY OF ALBANY INDUSTRIAL DEVELOPMENT AUTHORITY 5/3/07 ISSUE - INVESTMENT EARNINGS DURING THE PROJECT PERIOD IOWA FINANCE AUTHORITY 5/9/07 ISSUE - INVESTMENT EARNINGS DURING THE PROJECT PERIOD CITY OF ALBANY INDUSTRIAL DEVELOPMENT AUTHORITY 1/25/08 ISSUE - INVESTMENT EARNINGS DURING THE PROJECT PERIOD ILLINOIS FINANCE AUTHORITY 2/23/11 ISSUE - INVESTMENT EARNINGS DURING THE PROJECT PERIOD ILLINOIS FINANCE AUTHRORITY 3/10/11 ISSUE - INVESTMENT EARNINGS DURING THE PROJECT PERIOD DUTCHESS COUNTY LOCAL DEVELOPMENT CORPORATION 6/29/11 ISSUE - THE BOND ISSUE IS A DRAW-DOWN ISSUE, AND AS OF JUNE 30, 2013, $15,715,801 OF SALES PROCEEDS WERE DRAWN. TOTAL PROCEEDS OF ISSUE ALSO INCLUDE INVESTMENT EARNINGS DURING THE PROJECT PERIOD. WYOMING COMMUNITY DEVELOPMENT AUTHORITY 7/14/11 ISSUE - INVESTMENT EARNINGS DURING THE PROJECT PERIOD OREGON FACILITIES AUTHORITY 4/19/12 ISSUE - INVESTMENT EARNINGS DURING THE PROJECT PERIOD SCHEDULE K, PART II, ENTITY 1, LINE 9 VERMONT HOUSING FINANCE AGENCY 7/29/04 ISSUE: INCLUDES EXPENDITURES IN THE AMOUNT OF $807,451 FOR INTEREST INCURRED ON THE VERMONT HOUSING FINANCE AGENCY 7/29/04 ISSUE AFTER THE PROJECT PERIOD BUT PAID WITHIN THREE YEARS OF THE ISSUE DATE. SCHEDULE K, PART II, ENTITY 2, LINE 12 CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 7/30/08 ISSUE: ONLY UNSPENT PROCEEDS ARE HELD IN THE CONSTRUCTION FUND, DEFERRED CONSTRUCTION FUND AND REDEMPTION FUND PENDING EXPECTED CAPITAL EXPENDITURES OR REDEMPTION. SCHEDULE K, PART II, ENTITY 2, LINE 16 CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 07/30/08 ISSUE: FINAL ALLOCATION IS TO BE MADE PENDING THE APPLICATION OF PROCEEDS TO EXPECTED CAPITAL EXPENDITURES OR TO REDEMPTION. SCHEDULE K, PART IV, LINE 6 NEW CASTLE COUNTY, DELAWARE 9/29/05 ISSUE: ALL GROSS PROCEEDS INVESTED BEYOND THE APPLICABLE TEMPORARY PERIOD EXCEPTION WERE INVESTED AT A YIELD THAT IS LESS THAN THE YIELD OF THE RESPECTIVE BONDS. DELAWARE COUNTY AUTHORITY 12/30/08 ISSUE: ALL GROSS PROCEEDS INVESTED BEYOND THE APPLICABLE TEMPORARY PERIOD EXCEPTION WERE INVESTED AT A YIELD THAT IS LESS THAN THE YIELD OF THE RESPECTIVE BONDS. HOUSING FACILITIES BOARD OF THE CITY OF MAGNOLIA, ARKANSAS 12/30/03 ISSUE: ALL GROSS PROCEEDS INVESTED BEYOND THE APPLICABLE TEMPORARY PERIOD EXCEPTION WERE INVESTED AT A YIELD THAT IS LESS THAN THE YIELD OF THE RESPECTIVE BONDS. VERMONT HOUSING FINANCE AGENCY 7/29/04 ISSUE: ALL GROSS PROCEEDS INVESTED BEYOND THE APPLICABLE TEMPORARY PERIOD EXCEPTION WERE INVESTED AT A YIELD THAT IS LESS THAN THE YIELD OF THE RESPECTIVE BONDS. CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 12/14/04 ISSUE: ALL GROSS PROCEEDS INVESTED BEYOND THE APPLICABLE TEMPORARY PERIOD EXCEPTION WERE INVESTED AT A YIELD THAT IS LESS THAN THE YIELD OF THE RESPECTIVE BONDS. CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 4/27/06 ISSUE: ALL GROSS PROCEEDS INVESTED BEYOND THE APPLICABLE TEMPORARY PERIOD EXCEPTION WERE INVESTED AT A YIELD THAT IS LESS THAN THE YIELD OF THE RESPECTIVE BONDS. CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 7/30/08 ISSUE: ALL GROSS PROCEEDS INVESTED BEYOND THE APPLICABLE TEMPORARY PERIOD EXCEPTION WERE INVESTED AT A YIELD THAT IS LESS THAN THE YIELD OF THE RESPECTIVE BONDS. CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 1/11/12 ISSUE: ALL GROSS PROCEEDS INVESTED BEYOND THE APPLICABLE TEMPORARY PERIOD EXCEPTION WERE INVESTED AT A YIELD THAT IS LESS THAN THE YIELD OF THE RESPECTIVE BONDS. THE PUBLIC EDUCATIONAL BUILDING AUTHORITY OF THE CITY OF BIRMINGHAM 12/31/09 ISSUE: ALL GROSS PROCEEDS INVESTED BEYOND THE APPLICABLE TEMPORARY PERIOD EXCEPTION WERE INVESTED AT A YIELD THAT IS LESS THAN THE YIELD OF THE RESPECTIVE BONDS. VOLUSIA COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 11/18/05 ISSUE: ALL GROSS PROCEEDS INVESTED BEYOND THE APPLICABLE TEMPORARY PERIOD EXCEPTION WERE INVESTED AT A YIELD THAT IS LESS THAN THE YIELD OF THE RESPECTIVE BONDS. IOWA FINANCE AUTHORITY 5/9/07 ISSUE: ALL GROSS PROCEEDS INVESTED BEYOND THE APPLICABLE TEMPORARY PERIOD EXCEPTION WERE INVESTED AT A YIELD THAT IS LESS THAN THE YIELD OF THE RESPECTIVE BONDS. SCHEDULE K, PART IV, LINE 2C REBATE COMPUTATIONS WERE PERFORMED ON THE FOLLOWING DATES: NEW CASTLE COUNTY, DELAWARE 9/25/05 ISSUE: AUGUST 1, 2012 DELAWARE COUNTY AUTHORITY 12/30/08 ISSUE: DECEMBER 30, 2012 HOUSING FACILITIES BOARD OF THE CITY OF MAGNOLIA, ARKANSAS 12/31/03 ISSUE: DECEMBER 30, 2012 VERMONT HOUSING FINANCE AGENCY 7/29/2004 ISSUE: JUNE 30, 2013 CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 12/14/04 ISSUE: DECEMBER 14, 2012 CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 4/27/06 ISSUE: APRIL 27, 2013 CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 7/30/08 ISSUE: JULY 30, 2012 VOLUSIA COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 11/18/05 ISSUE: JUNE 1, 2013 CITY OF ALBANY INDUSTRIAL DEVELOPMENT AUTHORITY 5/03/07 ISSUE: MAY 3, 2012 IOWA FINANCE AUTHORITY 5/09/07 ISSUE: APRIL 30, 2013 CITY OF ALBANY INDUSTRIAL DEVELOPMENT AGENCY 1/25/08 ISSUE: JANUARY 25, 2013 ILLINOIS FINANCE AUTHORITY STUDENT HOUSING REVENUE 2/23/11 ISSUE: APRIL 1, 2013 ILLINOIS FINANCE AUTHORITY 3/10/11 ISSUE: OCTOBER 1, 2012 DUTCHESS COUNTY LOCAL DEVELOPMENT CORPORATION 6/29/11 ISSUE: MAY 31, 2013 WYOMING COMMUNITY DEVELOPMENT AUTHORITY 7/14/11 ISSUE: JULY 1, 2012 STATE OF OREGON 4/19/12 ISSUE: APRIL 1, 2013 SCHEDULE K PART V THE FOUNDATION HAS ADOPTED WRITTEN PROCEDURES TO ENSURE POST-ISSUANCE COMPLIANCE WITH FEDERAL TAX REQUIREMENTS NECESSARY TO ENSURE THE TAX-EXEMPT BONDS REMAIN TAX-EXEMPT AND TO ENSURE THAT VIOLATIONS ARE TIMELY IDENTIFIED. THE POLICY DOES NOT REQUIRE CORRECTION THROUGH THE VOLUNTARY CLOSING AGREEMENT PROGRAM. A CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 680164610 13078RDC1 2004-12-14 111032953 TO CONSTRUCT A STUDENT HOUSING FACILITY AT THE UNIVERSITY OF CALIFORNIA IRVI 1 0 0 B CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 680164610 13078REF3 2006-04-27 101688202 TO PROVIDE FUNDS TO REFUND BONDS ISSUED ON DECEMBER 14, 2004 0 0 0 C CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 680164610 13078RES5 2008-07-30 221367790 TO CONSTRUCT A STUDENT HOUSING FACILITY AT THE UNIVERSITY OF CALIFORNIA IRVI 0 0 0 D CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 680164610 13078REU0 2012-01-11 95742546 TO ACQUIRE A STUDENT HOUSING FACILITY AT UNIVERSITY OF CALIFORNIA AT IRVIN 0 0 0 A 6845000 95040000 114610514 874265 9021196 1457203 3388403 94778786 158542 2006 0 0 1 1 B 1180000 101688202 5637051 69123595 895710 25000 31207 31612690 2006 0 1 1 1 C 3825000 232351335 16854982 26625781 1992466 10327585 171669164 822663 5876379 2010 0 0 0 1 D 1900000 95742546 7062856 704825 95037721 2012 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 1 GE FUNDING CAPITAL MARKET SERVICES 9.600000000000 1 1 1 B 0 1 0 0 0 0 0 1 1 C 0 0 0 1 0 0 1 MONUMENTAL LIFE INSURANCE COMPANY 9.800000000000 1 1 1 D 0 1 0 0 0 0 0 1 1 A 0 B 0 C 0 D 0 A THE PUBLIC EDUCATIONAL BUILDING AUTHORITY OF THE CITY OF BIRMINGHAM 631254527 09107PAC1 2009-12-31 29365000 TO PROVIDE FUNDS TO REFUND BONDS ISSUED ON MARCH 4, 2005 0 0 0 B VOLUSIA COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 521293529 92883TBF1 2005-11-18 16668729 TO CONSTRUCT A STUDENT HOUSING FACILITY AT STETSON UNIVERSITY 0 0 0 C CITY OF ALBANY INDUSTRIAL DEVELOPMENT AGENCY 522015750 012440HR7 2007-05-03 12780000 TO CONSTRUCT A STUDENT HOUSING FACILITY AT THE ALBANY COLLEGE OF PHARMACY 0 0 0 D IOWA FINANCE AUTHORITY 521699886 46247BAA9 2007-05-09 36335000 TO CONSTRUCT A STUDENT HOUSING FACILITY AT DRAKE UNIVERSITY 0 0 0 A 770000 29365000 2101265 29365000 2006 1 0 1 1 B 1500000 16974530 1158410 614506 328738 866093 261470 13772259 2006 0 0 1 1 C 1795000 12837193 169034 245628 78048 215977 12128506 2007 0 0 1 1 D 635000 37461123 1997576 2051904 674392 49035 1663258 30804233 309952 2008 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 0 1 0 0 0.02950 0.00000 0.02950 0 0 1 A 0 1 1 1 0 0 1 HYPO REAL ESTATE BANK INTERNATIONAL 10.000000000000 1 1 1 B 0 0 0 1 0 0 1 CITIGROUP FINANCIAL PRODUCTS 10.000000000000 1 1 1 C 0 0 1 1 1 0 0 0 1 D 0 0 0 1 1 1 CITIBANK NA 5.000000000000 0 1 1 SOCIETE GENERAL 30.000000000000 1 1 1 A 0 B 0 C 0 D 0 A CITY OF ALBANY INDUSTRIAL DEVELOPMENT AGENCY 522015750 012440KR3 2008-01-25 6495000 TO CONSTRUCT A STUDENT HOUSING FACILITY AT THE ALBANY COLLEGE OF PHARMACY 0 0 0 B ILLINOIS FINANCE AUTHORITY 861091967 45202QBS1 2011-02-23 58771834 TO CONSTRUCT A STUDENT HOUSING FACILITY AT ILLINOIS STATE UNIVERSITY 0 0 0 C ILLINOIS FINANCE AUTHORITY 861091967 45202QCD3 2011-03-10 130435517 SEE SCHEDULE K PART VI 0 0 0 D DUTCHESS COUNTY LOCAL DEVELOPMENT CORPORATION 273106797 NONEAVAIL 2011-06-29 15833664 TO CONSTRUCT A STUDENT HOUSING FACILITY AT THE CULINARY INSTITUTE OF AMERICA 0 0 0 A 1020000 6531819 106314 110970 71641 181957 5833760 227177 2008 0 0 1 1 B 59044880 4847219 5853796 1027343 2210621 44176554 998724 2012 0 0 0 1 C 130670745 10688812 10790087 1960059 6320142 80294588 18512973 3440392 2012 1 0 0 1 D 15715922 1090839 189070 316673 14059966 59375 2012 0 0 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 1 0 0 0 1 B 0 1 0 1 0 0 0 0 1 C 0 1 0 1 0 0 0 0 1 D 0 1 0 1 1 1 TD BANK NA 8.800000000000 0 0 0 0 1 A 0 B 0 C 0 D 0 A WYOMING COMMUNITY DEVELOPMENT AUTHORITY 830222723 98322VAK2 2011-07-14 15290054 TO CONSTRUCT A STUDENT HOUSING FACILITY AT UNIVERISTY OF WYOMING 0 0 0 B OREGON FACILITIES AUTHORITY 936001787 68608JQD6 2012-04-19 44330935 TO CONSTRUCT A STUDENT HOUSING FACILITY AT SOUTHERN OREGON UNIVERSITY 0 0 0 A 15310437 1163500 997237 228950 411154 12369761 139835 2012 0 0 0 1 B 44351104 2793624 1404602 861550 1194712 100000 29905035 52078 8039503 0 0 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 1 0 0 0 0 1 B 0 1 0 1 0 0 0 0 1 A 0 B 0 FORM 990, PART VI, SECTION A, LINE 3 THE STUDENT HOUSING FACILITIES OWNED BY THE ORGANIZATION ARE MANAGED BY THE ASSOCIATED MEMBER COLLEGE OR UNIVERSITY OR BY AN INDEPENDENT MANAGEMENT COMPANY APPROVED BY SUCH COLLEGE OR UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 6 ANY COLLEGE OR UNIVERSITY FOR WHICH COLLEGIATE HOUSING FOUNDATION (THE FOUNDATION) OWNS AND OPERATES A STUDENT HOUSING FACILITY OR RELATED IMPROVEMENTS IS A MEMBER OF THE FOUNDATION AS LONG AS THE FOUNDATION OWNS OR OPERATES THE FACILITIES. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBER SCHOOLS ELECT THE ORGANIZATION'S BOARD OF DIRECTORS FORM 990, PART VI, SECTION A, LINE 8B ORGANIZATION HAS NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE FORM 990 IS PREPARED BY THE ORGANIZATION'S ACCOUNTING FIRM AND AFTER REVIEW BY THE ORGANIZATION'S LEGAL COUNSEL, IS REVIEWED AND APPROVED BY THE PRESIDENT OF THE ORGANIZATION BEFORE BEING FILED. A COPY IS ALSO FURNISHED TO EACH OF THE ORGANIZATION'S BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS ANNUALLY REQUIRED TO ACKNOWLEDGE IN WRITING THEIR RECEIPT OF THE ORGANIZATION'S WRITTEN CONFLICT OF INTEREST POLICY AND AGREE TO COMPLY WITH THE SAME. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWED COMPENSATION SURVEYS AND OTHER DATA FOR INDIVIDUALS IN FUNCTIONALLY COMPARABLE POSITIONS AND BASED ALL OF THE OFFICERS' SALARIES ON SUCH INFORMATION. PERSONS WITH A CONFLICT OF INTEREST WERE NOT PRESENT FOR THE VOTING OR DELIBERATION AND DID NOT VOTE ON THE SUBJECT. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF DOCUMENTS REQUIRED BY LAW TO BE AVAILABLE TO THE PUBLIC ARE PROVIDED UPON REQUEST CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: NET UNREALIZED GAINS ON INTEREST EXCHANGE: 5,685,692. FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS, ACTING AS A COMMITTEE OF THE WHOLE, ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. 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