2014-05-14T11:56:24-07:00 2013-06-30 990 2012-07-01 720423889 THE ADMINISTRATORS OF THE TULANE EDUCATIONAL FUND ADMI 5048628000 6823 St Charles Avenue New Orleans LA 70118 Doug Harrell 5043142836 2014-05-14 2012 2015-11-30 17:44:51Z TULANE UNIVERSITY SCOTT COWEN 6823 St Charles Avenue New Orleans LA 70118 1205932000 0 X www.tulane.edu X 1951 LA Higher Education, Research, Public Service 40 37 11579 31 6529000 -1080000 225753000 214591000 647843000 665815000 52188000 61944000 23098000 7598000 948882000 949948000 164678000 160338000 0 0 451133000 468501000 0 359000 15238000 321539000 313495000 937350000 942693000 11532000 7255000 1924783000 2181003000 713290000 899763000 1211493000 1281240000 Higher Education, Research and Public Service. 0 0 598200000 160338000 735894000 Higher Education: Operation of a Private University: This category includes expenditures for all activities that are part of the institutions instruction program. Expenditures for credit and non-credit courses, for academic, occupational, and vocational instruction and for regular, special and extended sessions are included. The instruction program encompasses 13,486 students participating in undergraduate, graduate, and professional degree programs in the fields of liberal arts, science and engineering, architecture, business, law, social work, medicine and public health and tropical medicine. Also included in this category are all forms of student aid and expenditures for the education and support of students. 10728000 0 7272000 Higher Education: Public Service: This category includes all expenditures for the public service component of the academic mission of the university. Public service is a core requirement of the undergraduate curriculum. Note that some of the sponsored activities included in the Organized Research achievement could also be described as Public Service. These include the operation of medical and law clinics that serve the underprivileged, and certain development work overseas. (13,486 students) 111829000 3356000 138258000 Higher Education: Organized Research: This category includes all expenditures for all activities that are part of the university's research program, which includes activities specifically organized to produce research outcomes, whether commissioned by an agency external to the institution or separately budgeted by an organizational unit within the institution. Subject to those conditions, it includes expenditures for individual and/or project research as well as those of institutes and research centers (over 1,000 Federal and State awards). 103413000 0 733163000 Higher Education: Auxiliary Enterprises: This category includes services that support educational activities and athletic expenditures. Services include bookstore, student housing, vending and food administration and campus recreation. (13,486 students) 103413000 0 733163000 824170000 1 1 0 1 0 0 0 1 0 1 1 1 1 0 1 0 1 0 1 1 1 1 0 1 1 1 1 1 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1496 0 1 11579 1 1 1 1 ET RW SF UK 0 0 1 1 1 1 0 0 0 1 1 0 X 40 37 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 1 1 1 AK CO DC MD MI NH SC WA X Doug Harrell 5048655352 7029 C Freret Street New Orleans LA 70118 The Honorable Michael G Bagneris 0 X 0 0 0 Mr J David Barksdale 0 X 0 0 0 Mrs Martha W Barnett 0 X 0 0 0 Mr Clement C Benenson 0 X 0 0 0 Mr Darryl D Berger 0 X 0 0 0 Mrs Carol L Bernick 0 X 0 0 0 Ms Kim M Boyle 0 X 0 0 0 Mr Glenn M Darden 0 X 0 0 0 Mrs Dana L Day 0 X 0 0 0 Mr Robert M Devlin 0 X 0 0 0 Mr David F Edwards 0 X 0 0 0 Stephanie S Feoli 0 X 0 0 0 Mr Timothy B Francis 0 X 0 0 0 Dr Michael A Friedman 0 X 0 0 0 Mr David C Friezo 0 X 0 0 0 Mrs Jill H Glazer 0 X 0 0 0 Mr Matthew B Gorson 0 X 0 0 0 Mr Jerry M Greenbaum 0 X 0 0 0 Mr Walter S Isaacson 0 X 0 0 0 Ms Lisa P Jackson 0 X 0 0 0 Mr Christopher M James 0 X 0 0 0 Mr James M Lapeyre Jr 0 X 0 0 0 Mr Wayne J Lee 0 X 0 0 0 Mrs Sherry M Leventhal 0 X 0 0 0 Mr Michael F McKeever 0 X 0 0 0 Mrs Elizabeth S Nalty 0 X 0 0 0 Ms Jeanne C Olivier 0 X 0 0 0 Mr R Hunter Pierson Jr 0 X 0 0 0 Mr Rick S Rees 0 X 0 0 0 Mr Lawrence MvD Schloss 0 X 0 0 0 Mr Richard K Schmidt 0 X 0 0 0 Phyllis Miller Taylor 0 X 0 0 0 Mrs Celia S Weatherhead 0 X 0 0 0 Mr John C Williams 0 X 0 0 0 Dr Linda S Wilson 0 X 0 0 0 Mr Andrew B Wisdom 0 X 0 0 0 Mr E Richard Yulman 0 X 0 0 0 James J Reiss Jr 0 0 X 0 0 0 Dr Wilmer R Bottoms 40 0 X 0 0 0 Dr Scott Cowen 40 0 X 830000 0 215000 Mrs Yvette Jones 40 0 X 532000 0 47000 Michael Bernstein 40 0 X 523000 0 41000 Mr Anthony Lorino 40 0 X 367000 0 48000 Benjamin Sachs MD 40 0 X 883000 0 54000 Jeremy Crigler 40 0 X 521000 0 74000 Victoria Johnson 40 0 X 387000 0 39000 Anne Banos 40 0 X 294000 0 26000 Frank Harrell 40 0 X 203000 0 53000 Charles McMahon 40 0 X 285000 0 38000 Earl Retif 40 0 X 212000 0 32000 Felix H Savoie III 40 0 X 694000 0 57000 John W Thompson 40 0 X 897000 0 47000 Thomas Yeh 40 0 X 716000 0 28000 Curtis Johnson 40 0 X 840000 0 27000 John A Davis Jr 40 0 X 680000 0 106000 Paul Barron 40 0 X 193000 0 43000 9057000 0 975000 734 1 1 0 Unicco Service Company 275 Grove Street Suite 3-200 Auburndale MA 02466 Facility Services 3886000 Brice Building Inc PO Box 7341 Metairie LA 70010 General Construction 3763000 Carl E Woodward PO Box 13547 New Orleans LA 70185 General Construction 3119000 Shebelle Ethiopia Conference Services PO Box 25887 Addis Ababa ET ET Ethiopia Facilities Services 2903000 The Lemoine Company 300 Lafayette Street Ste 100 New Orleans LA 70130 General Construction 2732000 94 0 265000 482000 2139000 141894000 69811000 2444000 214591000 Tuition and Fees 611310 450428000 450428000 0 0 Medical Group Practice 621110 79158000 79158000 0 0 Affiliated Hospital Agreements 622000 46108000 46108000 0 0 Auxiliary Enterprises 713900 68434000 66860000 1574000 0 21687000 17767000 3920000 0 665815000 23886000 0 587000 23299000 44000 0 0 44000 3848000 0 0 3848000 2243000 0 1333000 0 910000 0 910000 827000 58000 25000 292335000 0 254321000 0 38014000 0 38014000 0 0 38014000 589000 482000 330000 259000 0 259000 43000 0 43000 0 0 43000 Disaster Recoveries 900099 2148000 2148000 0 0 Child Care 624410 340000 0 340000 0 Alumni Life Insurance 812199 50000 0 50000 0 0 0 0 0 2538000 949948000 663296000 6529000 65532000 0 0 156982000 156982000 3356000 3356000 0 0 5418000 586000 3770000 1062000 446000 0 446000 0 386165000 339387000 39600000 7178000 20025000 16697000 2790000 538000 32770000 27284000 4604000 882000 23677000 19742000 3298000 637000 0 0 0 0 6877000 2477000 4369000 31000 495000 364000 131000 0 446000 446000 0 0 359000 359000 11400000 11400000 0 0 27551000 21773000 4942000 836000 7944000 6633000 1175000 136000 10486000 6357000 3204000 925000 14615000 9974000 4557000 84000 3909000 3875000 34000 0 38598000 38285000 313000 0 16355000 14128000 1570000 657000 0 0 0 0 15935000 13619000 1040000 1276000 19837000 17179000 2658000 0 0 0 0 0 52177000 47598000 4478000 101000 9003000 229000 8766000 8000 Supplies 19576000 17033000 2439000 104000 Equipment Rental & Maintenance 5233000 1607000 3248000 378000 Laboratory Expenses 17748000 17647000 101000 0 Disaster Expenses 1344000 0 1344000 0 33966000 29512000 4408000 46000 942693000 824170000 103285000 15238000 3929000 3205000 7058000 31155000 94477000 85474000 33869000 43051000 0 0 41225000 41034000 200000 195000 21336000 20092000 1337815000 556964000 736072000 780851000 760716000 817555000 142402000 174429000 65902000 166519000 0 17597000 17443000 1924783000 2181003000 85206000 96734000 0 0 33388000 47544000 342810000 429080000 915000 835000 174289000 253991000 76682000 71579000 713290000 899763000 X 209506000 204195000 481258000 541591000 520729000 535454000 1211493000 1281240000 1924783000 2181003000 X 7255000 63826000 0 0 0 -1334000 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 1 28 1 66 0 1 446906 0 0 447000 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 Lobbying efforts at Tulane University involve primarily issues related to support of university-based teaching, research and public service activities, educational support, students and student loans, nonprofit organizations, and compliance and accounting issues affecting institutions of higher learning. In fiscal year 13, the University sought to increase federal, state and local funding applicable to university based research in the areas of basic science, environmental research and education, biomedical research, clinical studies, public health, community service and technology transfer. More generally, the University lobbies on issues of science and education policy when it directly impacts institutions of higher education. 2444000 5486000 0 0 X X X 0 946176000 17952000 99520000 10258000 21729000 0 1031661000 1004738000 10669000 -31387000 11334000 26510000 0 946176000 873048000 23448000 145777000 10555000 26980000 0 1004738000 815473000 25693000 68156000 11593000 24681000 0 873048000 1039243000 8768000 -195092000 12021000 25425000 0 815473000 0.48 0.52 0 0 0 0 22369000 22369000 0 896380000 361707000 534673000 0 0 0 0 0 360083000 195257000 164826000 0 58983000 0 58983000 780851000 Private Equity and Real Assets (LP) 174429000 F 174429000 Investments Other Program Related and Construction Funds 166519000 F 166519000 0 Federal Student Loan Funds 41410000 Refundable Deposits and Other Liabilities 12127000 Bond Premium 6635000 Unrealized Loss on Derivatives 11407000 71579000 816376000 0 0 0 -2142000 -2142000 818518000 11400000 120030000 131430000 949948000 814161000 0 0 0 0 0 814161000 11400000 117132000 128532000 942693000 SchD_P03_S00_L04 Schedule D, Part III, Line 4 Certain works of art and historical treasures have been recognized at their estimated fair values based upon appraisals or similar valuations at the time of acquistion. Works of art and historical treasures are not depreciated. SchD_P05_S00_L04 Schedule D, Part V, Line 4 A portion of the annual earnings from endowment funds are used to fund student scholarships, academic and instruction programs, and operations. SchD_P11_S00_L02d Schedule D, Part XI, Line 2d Disaster Expense Recoveries SchD_P11_S00_L04b Schedule D, Part XI, Line 4b Accumulated Gains Used for Spending (32,972,000), Realized Gains 38,014,000, Indirect Cost Recoveries (31,883,000) and Scholarships and Fellowships 145,066,000, Cost Recovery Reclass 1,799,000 Other 6,000 SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Scholarships and Fellowships Reclass 145,066,000, Indirect Cost Recovery Reclass (31,883,000) and Disaster Cost Recovery Reclass 2,148,000, Expense Recovery Reclasses (net) 1,799,000, Other 2,000 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 The University customarily draws a substantial percentage of its students nationwide and follows a racially nondiscriminatory policy as to students. As such, the publicity requirement is satisfied in accordance with Rev Proc 75-50 by inclusion of a statement of the University's racially nondiscriminatory policy as to students in its brochures, websites and internet advertising dealing with admissions, programs, scholarships and employment. SchE_P01_S00_L06 Schedule E, Part I, Line 6 Financial aid from federal sources include: Federal Perkins Loans, Federal Work Study, Federal Supplemental Education Opportunity Grants, Federal Pell Grants, and State Supplemental Incentive Grants. Central America and the Caribbean 0 0 Investments Investments 254854000 Europe (including Iceland and Greenland) 0 0 Investments Investments 14869000 Sub-Saharan Africa 0 0 Investments Investments 5000000 Central America and the Caribbean 0 0 Program Services Grant Administration and Educational Activities 653000 East Asia and the Pacific 0 0 Program Services Grant Administration and Educational Activities 565000 Europe (including Iceland and Greenland) 0 0 Program Services Educational 1322000 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Educational 332000 South America 0 0 Program Services Educational 1902000 Sub-Saharan Africa 3 97 Program Services Grant Administration and Educational 7056000 3 97 286553000 Sub-Saharan Africa Sub-award 292000 A/P Disbursements 0 N/A N/A Sub-Saharan Africa Sub-award 402000 A/P Disbursements 0 N/A N/A Sub-Saharan Africa Sub-award 300000 A/P Disbursements 0 N/A N/A Sub-Saharan Africa Sub-award 133000 A/P Disbursements 0 N/A N/A Sub-Saharan Africa Sub-award 561000 A/P Disbursements 0 N/A N/A Sub-Saharan Africa Sub-award 39000 A/P Disbursements 0 N/A N/A Sub-Saharan Africa Sub-award 106000 A/P Disbursements 0 N/A N/A Sub-Saharan Africa Sub-award 402000 A/P Disbursements 0 N/A N/A Sub-Saharan Africa Sub-award 98000 A/P Disbursements 0 N/A N/A Sub-Saharan Africa Sub-award 33000 A/P Disbursements 0 N/A N/A Sub-Saharan Africa Sub-award 417000 A/P Disburements 0 N/A N/A Sub-Saharan Africa Sub-award 418000 A/P Disbursements 0 N/A N/A Sub-Saharan Africa Sub-award 18000 A/P Disbursements 0 N/A N/A Sub-Saharan Africa Sub-award 92000 A/P Disbursements 0 N/A N/A Sub-Saharan Africa Sub-award 45000 A/P Disbursements 0 N/A N/A Sub-Saharan Africa Sub-award 12000 A/P Disbursements 0 N/A N/A Sub-Saharan Africa Sub-award 140000 A/P Disbursements 0 N/A N/A Sub-Saharan Africa Sub-award 84000 A/P Disbursements 0 N/A N/A Sub-Saharan Africa Sub-award 253000 A/P Disbursements 0 N/A N/A South America Sub-award 25000 A/P Disbursements 0 N/A N/A South America Sub-award 202000 A/P Disbursements 0 N/A N/A South America Sub-award 10000 A/P Disbursements 0 N/A N/A Europe (including Iceland and Greenland) Sub-award 332000 A/P Disbursements 0 N/A N/A Central America and the Caribbean Sub-award 29000 A/P Disbursements 0 N/A N/A East Asia and the Pacific Sub-award 241000 A/P Disbursements 0 N/A N/A 0 25 0 0 0 0 0 0 X X X X X X X 1 Bykantrow LLC 25 Central Park West 18H New York NY 10023 Advancing development efforts in New York area. 0 0 90000 -90000 Marts and Lundy Meadows Corporate Center 1200 Wall Street West Lyndhurst NJ 07071 Campaign Consulting 0 0 269000 -269000 0 359000 -359000 AK AL AR AZ CA CO CT DC DE FL GA HI IA ID IL IN KS KY LA MA MD ME MI MN MO MS MT NC ND NE NH NJ NM NV NY OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY Beads on Broadway 311000 212000 99000 0 0 37000 130000 39000 0 Hulaballoo 725000 270000 455000 0 0 0 0 0 113000 1 35000 0 35000 0 0 8000 2000 0 1000 1071000 482000 589000 0 0 45000 132000 39000 114000 330000 259000 0 0 0 0 0 0 0 0 0 0 0 0 43000 0 0 0 0 0 43000 0 0 0 0 0 43000 LA 1 0 1 0 1 0 Denise Breaux c/o Tulane University 6823 St Charles Avenue New Orleans LA 70118 0 Brandon McNeil 0 X 0 0 1 1 X 1 X 1 X 1 1 0 0 221000 0 221000 0.0002 14710000 12948000 1762000 0.0019 0 0 0 0.0021 0 0 14931000 12948000 1983000 0.0042 3662000 0 3662000 0.0039 2690000 2879000 -189000 0 0 0 0 0 0 0 0 0 13000 0 13000 0 0 0 6365000 2879000 3486000 0.0039 0 0 21296000 15827000 5469000 0.0081 911000 -911000 0 0 911000 -911000 0 0 1 1252000 -28000 12078000 11853000 225000 X 1 1 University Healthcare System Operation of a hospital facility 0.1725 0 0 1 1 TULANE UNIVERSITY HOSPITAL AND CLINIC

1415 TULANE AVENUE NEW ORLEANS LA 70112

X X X X TULANE UNIVERSITY HOSPITAL AND CLINIC 1 1 X X X X X X X X 13 1 1 1 X X X X X X X X X 1 0 1 1 100 1 200 1 X X X X X X X 1 1 X X X X X 1 X X 1 X X X X X X 1 X 0 0 SchH_P01_S00_L07 Schedule H, Part I, Line 7 Costs for Charity Care was derived using a cost-to-charge ratio from Schedule H, Worksheet 2 applied in Worksheet 1. Patient revenue is based on GAAP and bad debt is not included in this calculation. No extraordinary items are included in this calculation. SchH_P02_S00_L00 Schedule H, Part II As described in Section H, Part VI, Line 6, TUHC works in partnership with the Tulane University School of Medicine by staffing and supporting a number of community services. Examples of these are provided in that narrative. The dollar amounts in the table are a representation of some of the direct costs of these activities. SchH_P03_S0A_L04 Schedule H, Part III, Section A, Line 4 Excerpt from draft of audited financial statements related to provision for doubtful accounts - The amount of the provision for doubtful accounts is based upon management's assessment of historical and expected net collections, business and economic condition, trends in federal and state governmental health coverage, and other collection indicators. The provision for doubtful accounts and the allowance for doubtful accounts relate primarily to amounts due directly from patients. Management relies on the results of detailed reviews of historical write-offs and recoveries as a primary source of information to utilize in estimating the collectability of the Company's accounts receivable. The results of the detailed reviews of historical write-offs and recoveries, adjusted for changes in trends and conditions, are used to estimate the allowance for doubtful accounts for the current period. Adverse changes in general economic conditions, business office operations, payor mix, or trends in federal or state governmental health care coverage could affect the Company's collection of accounts receivable, cash flows, and results of operations. SchH_P03_S0B_L08 Schedule H, Part III, Section B, Line 8 Even though the amount reported for Medicare activity in Section B reflects a surplus for the year, it should be noted that the amount of patient care costs do not include Medicare non-allowable expenses. The amounts reported on Part III, Lines 5-7, have been determined by aggregating the information from the individual facility cost report. SchH_P03_S0C_L09b Schedule H, Part III, Section C, Line 9b Collection of outstanding receivables from third-party payors (Medicare, managed care payers, etc.) is the Hospitals' primary source of cash and is critical to our ability to fund operations. The primary collection risks relate to uninsured patient accounts, including patient accounts for which the primary insurance carrier has paid the amounts covered by the applicable agreement, but patient responsibility amounts (deductibles and copayments) remain outstanding. The provision for doubtful accounts and the allowance for doubtful accounts relate primarily to amounts due directly from patients. An estimated allowance for doubtful accounts is recorded for all uninsured accounts, regardless of the aging of those accounts. Accounts are written off when all reasonable internal and external collections efforts have been performed. Our collection policies include a review of all accounts against certain standard collection criteria, upon completion of our internal collection efforts. Accounts determined to possess positive collectability attributes are forwarded to a secondary external collections agency and the other accounts are written off. The accounts that are not collected by the secondary external collection agency are written off when they are returned to us by the collection agency (usually within 12 months). Write-offs are based upon specific identification and the write-off process requires a write-off adjustment entry to the patient accounting system. We do not pursue collection of amounts related to patients that meet our guidelines to qualify as charity care. The methodology to determine the bad debt expense reported at cost on Part III, Line 2 is to take the ratio of patient care costs to gross patient charges and multiply this resulting ratio by the gross charges for bad debt accounts. These amounts reflect the University's percentage of ownership in the joint venture. SchH_P05_S0B_L04 Schedule H, Part V, Section B, Line 4 Metropolitan Hospital Council of New Orleans SchH_P06_S00_L02 Schedule H, Part VI, Line 2 The Hospital, in collaboration with HCA corporate staff, regularly reviews population demographics by zip code, and physician and service access by specialty. National ratios of physician/service needs by population volume and age group are used to determine underserved areas. The hospital also joins the local Metropolitan Hospital Council in commissioning a community needs study and profile of care in the area. This study included interviews with approximately 100 key regional stakeholders representing a cross-section of agencies, and detailed input provided by fourteen (approximately 203 participants) community focus groups. SchH_P06_S00_L03 Schedule H, Part VI, Line 3 Part VI Supplemental Information: 3. Patient education and eligibility for assistance: Describe how the organization informs and educates patients and persons who may be billed for patient care about their eligibility for assistance under federal, state and local government programs or under the organizations charity care policy. The Hospital advises prospective patients during the registration process as to potential eligibility for participation in the Medicaid program. Those for whom participation seems possible are referred to a contractor, RCA, to complete the appropriate applications and procedures. The Hospital has an "uncompensated care" policy. It is communicated to patients and interested persons as follows: General Communication with the Public As part of the effort to notify the public concerning uncompensated services provided, TUHC will publish, in a generally circulated local newspaper, a notice describing TUHC's uncompensated care policy. The notice will outline the level of uncompensated services to be provided and the services which are considered eligible under the uncompensated care policy. This notice will invite public comment from interested parties. This notice will be published prior to modification of the policy and termination of the policy. Communication of the Policy to Individuals Seeking Services at TUHC TUHC will provide a descriptive notice of the uncompensated care policy to any individual inquiring about the provision of uncompensated services (Attachment A). The notice will include information relative to the uncompensated services provided, eligibility requirements, and the determination process. The notice will identify a location within the hospital at which additional information can be requested. The notice will be provided at all times that uncompensated services are available. Notices highlighting the provision of uncompensated care will be posted prominently in the admissions area, the business office, and the emergency room (Attachment B). These notices will be provided in English and Spanish. The hospital will make a reasonable effort to communicate the meaning of the notices to individuals who may not be able to read or understand them. In the event that uncompensated care services are not being provided due to exceeding uncompensated care thresholds, all notification and signage related to the provision of uncompensated care will be removed until such time asuncompensated care services are once again provided. SchH_P06_S00_L04 Schedule H, Part VI, Line 4 Tulane services the local community through downtown and suburban clinics (Metairie, New Orleans East, Northshore, and Westbank.) Clinic visits totaled 199,687 for 2013. Sixty percent of all admissions originated from the Emergency Department which evidenced access for all groups within community (especially the downtown area). Tulane runs a children's hospital within a hospital as well as a pediatric emergency department (one of two in the city) to accommodate the needs of the community's children. Tulane is collaborating with the only freestanding Children's hospital in the State in offering pediatric cardiology services. The hospital also has a contract with the Veteran's Administration to provide a variety of inpatient and outpatient services. The socio-economic breadth of service is reflected in the Hospital's payor mix as a percentage of gross revenue: Medicaid 32.7%, Medicare 30.3%, VA 10.0%, HMO/PPO 19.8%, Self-Pay/Charity 6.1%, and other 1.1%. SchH_P06_S00_L05 Schedule H, Part VI, Line 5 See narrative for Schedule H, Part VI, Line 4 above and Part VI, Line 6 below. SchH_P06_S00_L06 Schedule H, Part VI, Line 6 TUHC works in partnership with the Tulane University School of Medicine. The School's faculty staffs and supports a number of community services. Examples of these ongoing services are: Fleur de Vie Student Clinic (indigent care), Bridge House Clinic (indigent care for addicts), a Community Health Center servicing indigent clients in a patient focused, medical home model; 1 pediatric drop in clinic; 2 school based clinics; 2 pediatric mobile clinics; 2 Ryan White HIV clinics; and physician coverage to local, inner city public high schools' sporting events. Through the Helping Hands organization Tulane physicians also work with local religious groups to bring cancer screening programs to local community events. In this last year Tulane Medical School has sponsored a teaching kitchen with brings classes on healthy eating to the community. 1 Financial Aid, Scholarships, or Fellowships 10080 11916000 145066000 Cost Institutional Scholarships and Fellowships SchI_P01_S00_L02 Schedule I, Part I, Line 2 All expenditures of Scholarships and Financial Aid grant funds are approved and monitored by the Financial Aid department for each student receiving funds. X X X 1 1 X X X X 0 0 0 1 0 0 0 1 0 Dr Scott Cowen 646000 0 0 0 184000 0 25000 0 190000 0 1045000 0 0 0 Mrs Yvette Jones 443000 0 20000 0 69000 0 25000 0 22000 0 579000 0 0 0 Mr Anthony Lorino 340000 0 12000 0 16000 0 25000 0 22000 0 415000 0 0 0 Benjamin Sachs MD 780000 0 14000 0 89000 0 25000 0 29000 0 937000 0 0 0 Jeremy Crigler 372000 0 93000 0 56000 0 47000 0 27000 0 595000 0 26000 0 Earl Retif 188000 0 8000 0 16000 0 21000 0 11000 0 244000 0 0 0 Victoria Johnson 356000 0 14000 0 17000 0 25000 0 14000 0 426000 0 0 0 Anne Banos 263000 0 11000 0 20000 0 25000 0 1000 0 320000 0 0 0 Frank Harrell 187000 0 0 0 16000 0 22000 0 31000 0 256000 0 0 0 Charles McMahon 268000 0 10000 0 8000 0 25000 0 12000 0 323000 0 0 0 Felix H Savoie III 59000 0 589000 0 46000 0 11000 0 46000 0 751000 0 0 0 John W Thompson 140000 0 709000 0 48000 0 19000 0 28000 0 944000 0 0 0 Thomas Yeh 129000 0 544000 0 43000 0 18000 0 10000 0 744000 0 0 0 John A Davis Jr 86000 0 590000 0 4000 0 10000 0 96000 0 786000 0 0 0 Curtis Johnson 324000 0 13000 0 503000 0 0 0 27000 0 867000 0 0 0 Paul Barron 189000 0 0 0 4000 0 20000 0 23000 0 236000 0 0 0 Michael Bernstein 453000 0 0 0 70000 0 25000 0 16000 0 564000 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a A chartered flight was provided to the President on July 15, 2012 for personal use. The value of the flight was included in his taxable income, subject to withholding, in Calendar Year 2012. University policy permits salary supplements to be paid during the first two years of employment to newly hired employees who were participants in a retirement plan immediately prior to accepting employment with the University. The salary supplement was provided with a gross up for taxes. As a condition of employment, the President is required to live in a University-owned house. The fair market value of the use of the residence is $ 175,000. SchJ_P01_S00_L05 Schedule J, Part I, Line 5 The Physicians listed on Schedule J are part of the Tulane University Medical Group Faculty Practice Plan which has a fixed formula plan for incentive compensation based primarily on clinical revenues. The Chief Investment Officer has a plan for incentive compensation based on endowment investment return. SchJ_P01_S00_L07 Schedule J, Part I, Line 7 Several of the Senior Officers listed on Schedule J received non-fixed payments based on merit and performance during the calendar year. A LOUISIANA PUBLIC FACILITIES AUTHORITY 720895871 546398SJ8 2007-05-31 192565000 ADVANCE REFUNDING 1 0 0 B LOUISIANA PUBLIC FACILITIES AUTHORITY 720895871 546398ST6 2007-05-31 62180000 ADVANCE REFUNDING 0 0 0 C LOUISIANA PUBLIC FACILITIES AUTHORITY 720895871 546398WN4 2007-05-31 33485000 ADVANCE REFUNDING 1 0 0 D LOUISIANA PUBLIC FACILITIES AUTHORITY 720895871 2009-12-09 30000000 DORMITORY FINANCING 0 0 0 A 0 42270000 201967000 0 0 22228000 1540000 2941000 0 0 0 0 2008 0 1 1 1 B 16495000 0 62180000 0 0 0 1012996 0 0 0 0 0 2006 0 1 1 1 C 0 8430000 33485000 0 0 0 335000 481000 0 0 0 0 1998 0 1 1 1 D 365000 0 30000000 0 0 0 253000 0 0 28148000 0 1599000 2012 0 0 0 1 A 0 1 1 1 1 1 0.016 0 0.016 0 0 1 B 0 1 1 1 0 0.0324 0 0.0324 0 0 1 C 0 1 0 0 0.009 0 0.009 0 0 1 D 0 0 0 0 0.007 0 0.007 0 0 1 A 1 0 0 0 0 1 B 1 1 1 MORGAN KEEGAN FINANCIAL PRODUCTS 8 0 0 0 0 1 C 1 0 0 0 0 1 D 1 1 0 0 0 1 A 1 B 1 C 1 D 1 A LOUISIANA PUBLIC FACILITIES AUTHORITY 720895871 2010-03-25 30000000 MEDICAL SCHOOL CAMPUS INFRASTRUCTURE 0 0 0 B LOUISIANA PUBLIC FACILITIES AUTHORITY 720895871 2010-03-25 11325000 TECHNOLOGY IMPROVEMENTS AND EQUIPMENT 0 0 0 C LOUISIANA PUBLIC FACILITIES AUTHORITY 720895871 2013-01-25 36300000 NEW FOOTBALL STADIUM 0 0 0 D LOUISIANA PUBLIC FACILITIES AUTHORITY 720895871 546398Q50 2013-03-13 65670000 DORM/INFRASTRUCTURE 0 0 0 A 750000 0 30000000 0 0 0 205000 0 0 29795000 0 0 2012 0 0 0 1 B 0 0 11325000 0 0 0 82000 0 0 11243000 0 0 2012 0 0 0 1 C 0 0 36300000 0 149000 0 160000 0 0 9496000 0 26495000 2014 0 0 0 1 D 0 0 65670000 0 0 0 844000 0 0 6386000 0 58440000 2014 0 0 0 1 A 0 0 0 1 1 0.0165 0 0.0165 0 0 1 B 0 1 1 1 1 1 0.0104 0 0.0104 0 0 1 C 0 1 1 1 0 0.0022 0 0.0022 0 0 1 D 0 0 1 1 1 1 0.019 0 0.019 0 0 1 A 0 0 1 0 1 0 0 0 1 B 0 0 1 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 Mrs Marjorie Cowen Scott Cowen is President 112000 Compensation as Senior Advisor, Institutional Development 0 Stephanie Barksdale Spouse of Board Member 44000 Compensation as Manager of Social Entrepeneurship 0 Jason Lorino Son of Anthony Lorino, Chief Financial Officer 60000 Compensation as System Administrator, Information Technology 0 Ludovico Feoli Spouse of Stephanie Feoli Board Member 230000 Salary as Adjunct Professor 0 X 2 30000 FMV X 109 6412000 FMV X 2 2414000 FMV X Other Equipment 1 156000 FMV X Auction Items 425 0 See Part II 2 0 1 0 SchM_P01_S00_L33 Schedule M, Part I, Line 33 Schedule M, Part I, Line 26 Column B includes items donated for sale or use at fundraising events (such as Gift Certificates, etc) which are subsequently sold or used at fundraising events. This noncash contribution is not shown on Part VIII, Line 1(g), however, the proceeds from any sale are reported on Part VIII, Line 8a. F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 James Lapeyre and Rick Rees have a business relationship. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b Form 990 was completed by University staff and forwarded to the Audit Committee of the Board of Trustees of Tulane University. All sections of the 990, except for Schedule B, Contributions, are reviewed by the Audit Committee, thus the University is required to answer this question "no". The Audit Committee met and reviewed all parts of the form, except Schedule B, prior to filing. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The University's administration annually sends out and receives conflict of interest disclosure forms from University staff and faculty members. Also, on an annual basis, the members of the Board of Trustees of Tulane University complete a conflict of interest questionairre with annual disclosures reviewed by the Audit Committee of the Board of Trustees. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The President and the Personnel Committee of the Board of Trustees perform annual evaluations of senior officers and other top management officials, and the Personnel Committee conducts an annual evaluation of the President. The listed positions included in this evaluation process are the Executive VP for University Relations and Development, the Senior VP for Operations and Chief Financial Officer, the Senior VP for Academic Affairs and Provost, the Senior VP and Dean of Medicine, the Chief Investment Officer, the Vice President for Administrative Services, the Vice President for Technology and Chief Information Officer, and the General Counsel. With respect to the senior officers, the President meets with each senior officer mid year and end of year. They discuss the officers duties and responsibilities, goals/objectives, results achieved and overall performance. The President presents his evaluation of each senior officer to the Personnel Committee. The Committee evaluates the senior officers credentials/qualifications, job performance, duties/responsibilities and contribution to the university. The Committee also assesses the appropriateness of the compensation and reviews independent data as outlined in the university policy covering this process. This data may include (i) compensation paid for comparable positions by similarly situated nonprofit and for profit entities, (ii) availability of individuals possessing similar expertise or specialities in the geographic area, (iii) independent compensation surveys by nationally recognized independent firms; and (iv) written offers that the individual may have received from other institutions competing for his or her services. For the Vice President of Finance, Controller and the Vice President for Enrollment Management initial compensation is determined by the Office of Workforce Management using independent market studies and other factors similar to those employed by the Personnel Committee. On an annual basis their performance is reviewed by their immediate supervisor and any compensation increase is awarded based on merit and performance. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The University makes its governing documents, conflict of interest policy and financial statements available to the public upon request. The financial statements and conflict of interest policy are available on the University's website. Financial statements and other bond compliance information are also available at the Municipal Securities Rulemaking Board reporting website (www.emma.msrb.org). F990_P11_S00_L09 Form 990, Part XI, Line 9 Unrealized Gains on Derivatives 4,577,000, Loss on Early Extinguishment of Debt (5,911,000) TULANE INTERNATIONAL LLC 6823 ST CHARLES AVENUE NEW ORLEANS LA 70118 020794141 INTERNATIONAL PROGRAM ADMINISTRATION LA 1721000 1408000 N/A RIVERSPHERE I LLC 6823 ST CHARLES AVENUE NEW ORLEANS LA 70118 REAL ESTATE OWNERSHIP LA 120000 1658000 N/A RIVERSPHERE II LLC 6823 ST CHARLES AVENUE NEW ORLEANS LA 70118 REAL ESTATE OWNERSHIP LA 229000 7412000 N/A SQUARE 245 LLC 6823 ST CHARLES AVENUE NEW ORLEANS LA 70118 REAL ESTATE OWNERSHIP LA 0 11000 N/A TULANE UNIVERSITY PHYSICIAN ORGANIZATION LLC 6823 ST CHARLES AVENUE NEW ORLEANS LA 70118 INACTIVE LA 0 0 N/A TULANE MURPHY FOUNDATION 1030 AUDUBON STREET NEW ORLEANS LA 70118 237113317 TO SUPPORT THE EDUCATIONAL MISSION OF TULANE UNIVERSITY LA 501 (c) (3) N/A 0 THE TULANE LAW REVIEW ASSOCIATION 6823 ST CHARLES AVENUE NEW ORLEANS LA 70118 PUBLISHING LAW REVIEW LA 501 (c) (3) N/A 0 SAMUEL Z STONE CIPR SUPPORT TRUST 1330 BOYLSTON STREET C/O SAMET AND COMPANY BOSTON MA 02110 206070361 TO SUPPORT TULANE PROGRAMS AND RESEARCH LA 501 (c) (3) N/A 0 HENDERSON EDUCATION FUND FBO TULANE UNIV c/o JP MORGAN CHASE NA PO BOX 303 MILWAUKEE WI 53201 726017995 SUPPORT MISSION OF TULANE UNIVERSITY LA 4947 (a)(1) N/A 0 RICHARDS TRUST 6823 ST CHARLES AVENUE NEW ORLEANS LA 70118 726032319 TRUST LA N/A T 161062 4575000 0.7272 CHARITABLE REMAINDER TRUSTS (27) C/O TULANE UNIVERSITY 6823 ST CHARLES AVENUE NEW ORLEANS LA 70118 CHARITABLE REMAINDER TRUSTS LA N/A T 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 TULANE MURPHY FOUNDATION c 2139000 Cost THE TULANE LAW REVIEW ASSOCIATION n 67000 Cost RICHARDS TRUST c 180000 Cost SAMUEL Z STONE CIPR SUPPORT TRUST c 373000 Cost HENDERSON EDUCATION FUND FBO TULANE UNIV c 158000 Cost UNIVERSITY HEALTHCARE SYSTEM LC PO BOX 570 NASHVILLE TN 37202 621566506 HOSPITALS TN Related 0 -4454000 -87845 0 0 0 0.1725