UNIVERSITY OF CHARLESTON: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: UNIVERSITY OF CHARLESTON (EIN 55-0357039)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2014-05-15
IRS object ID: 201411359349305801
Schema version: 2012v2.3
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule I
Schedule J
Schedule K
Schedule L
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-05-15T12:18:43-05:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GIBBONS & KAWASH AC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	707 VIRGINIA ST E STE 300	AddressLine1
City	CHARLESTON	City
State	WV	State
ZIP Code	253012724	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	550357039	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE UNIVERSITY OF CHARLESTON INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	UNIV	NameControl
Phone	3043574736	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2300 MACCORKLE AVE SE	AddressLine1
City	CHARLESTON	City
State	WV	State
ZIP Code	25304	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	CLETA HARLESS	Name
Title	CFO	Title
Phone	3043574736	Phone
Date Signed	2014-05-15	DateSigned
Authorize Third Party	false	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	VALERIE R ELLIS	Name
Phone	3043458400	Phone
Date Prepared	2014-05-15	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	EDWIN H WELCH	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	2300 MACCORKLE AVENUE SE	AddressLine1
City	CHARLESTON	City
State	WV	State
ZIP Code	25304	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	53211271	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.UCWV.EDU	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1948	YearFormation
State Legal Domicile	WV	StateLegalDomicile
Activity Or Mission Description	EDUCATE EACH STUDENT FOR A LIFE OF PRODUCTIVE WORK, ENLIGHTENED LIVING, AND COMMUNITY INVOLVEMENT.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	37	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	37	NbrIndependentVotingMembers
Total Nbr Employees	962	TotalNbrEmployees
Total Gross UBI	594555	TotalGrossUBI
Net Unrelated Business Txbl Income	135245	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	4931659	ContributionsGrantsPriorYear
Contributions Grants Current Year	7827615	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	40572951	ProgramServiceRevenuePriorYear
Program Service Revenue CY	43140248	ProgramServiceRevenueCY
Investment Income Prior Year	625328	InvestmentIncomePriorYear
Investment Income Current Year	675707	InvestmentIncomeCurrentYear
Other Revenue Prior Year	419976	OtherRevenuePriorYear
Other Revenue Current Year	1567701	OtherRevenueCurrentYear
Total Revenue Prior Year	46549914	TotalRevenuePriorYear
Total Revenue Current Year	53211271	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	15570247	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	14406456	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	15370736	SalariesEtcPriorYear
Salaries Etc Current Year	18199465	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	422577	TotalFundrsngExpCurrentYear
Other Expense Prior Year	17773268	OtherExpensePriorYear
Other Expenses Current Year	19770142	OtherExpensesCurrentYear
Total Expenses Prior Year	48714251	TotalExpensesPriorYear
Total Expenses Current Year	52376063	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-2164337	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	835208	RevenuesLessExpensesCY
Total Assets BOY	128264944	TotalAssetsBOY
Total Assets EOY	130208490	TotalAssetsEOY
Total Liabilities BOY	48759608	TotalLiabilitiesBOY
Total Liabilities EOY	45719120	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	79505336	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	84489370	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	EDUCATE EACH STUDENT FOR A LIFE OF PRODUCTIVE WORK, ENLIGHTENED LIVING, AND COMMUNITY INVOLVEMENT.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	12693935	Expense
Revenue	21718607	Revenue
Description	INSTRUCTION--THE UNIVERSITY PROVIDES EDUCATIONAL SERVICES AND INSTRUCTION TO MORE THAN 1,300 FULL AND PART TIME STUDENTS SEEKING A COLLEGE EDUCATION AND/OR DEGREE	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	8361976	Expense
Description	AUXILLARY ENTERPRISES CONSISTS OF EXPENSES INCURRED FOR OPERATIONS SUCH AS FOOD SERVICE AND HOUSING, WHICH EXIST TO FURNISH GOODS OR SERVICES TO STUDENTS, FACULTY, OR STAFF, AND ARE MANAGED AS ESSENTIALLY SELF-SUPPORTING ACTIVITIES.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	14406456	Expense
Grants	14406456	Grants
Description	SCHOLARSHIPS AND FELLOWSHIPS--THE UNIVERSITY PROVIDES FINANCIAL ASSISTANCE TO STUDENTS EITHER BASED ON NEED OR ACADEMIC MERIT	Description

Activity Other ActivityOther

Field	Value	IRS element (for citing)
Expense	9545389	Expense
Description	OTHER PROGRAM SERVICES	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	9545389	TotalOfOtherProgramServiceExp
Total Program Service Expense	45007756	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	true	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	true	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	true	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	true	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	true	TaxExemptBonds
Invest Tax Exempt Bonds	false	InvestTaxExemptBonds
Escrow Account	false	EscrowAccount
On Behalf Of Issuer	false	OnBehalfOfIssuer
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	true	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	true	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	163	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	962	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Form990-T Filed	true	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	37	NbrVotingGoverningBodyMembers
Number Independent Voting Members	37	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Other Website	X	OtherWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	CLETA HARLESS	NamePerson
Telephone Number	3043574736	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	UNIVERSITY OF CHARLESTON	AddressLine1
City	CHARLESTON	City
State	WV	State
ZIP Code	25304	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (50 entries)

TitleTitle	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Average Hours Per WeekAverageHoursPerWeek	Highest Compensated EmployeeHighestCompensatedEmployee
CHARLES STEBBINS
TRUSTEE	X	0	0	0
HONORABLE IRENE BERGER
SECRETARY	X	0	0	0	X
CARTE GOODWIN
TRUSTEE	X	0	0	0
PATRICK C GRANEY III
TRUSTEE	X	0	0	0
W HENRY HARMON PHD
CHAIRMAN	X	0	0	0	X
JAMES BUNN II
TRUSTEE	X	0	0	0
MAX BEARD
TRUSTEE	X	0	0	0
ELMER COPPOOLSE
TRUSTEE	X	0	0	0
KIMBERLY DICKERSON
TRUSTEE	X	0	0	0
ANDREW B JORDON
TRUSTEE	X	0	0	0
ANN C MORAN
TRUSTEE	X	0	0	0
DAVID L RAMSEY
TRUSTEE	X	0	0	0
DOROTHY RIDINGS
TRUSTEE	X	0	0	0
TROY STALLARD
TRUSTEE	X	0	0	0
MARY CONVERSE
TRUSTEE	X	0	0	0
KAREN HADDAD
TRUSTEE	X	0	0	0
SCOTT LONG
TRUSTEE	X	0	0	0
MARY PAYNE
TRUSTEE	X	0	0	0
COREY PALUMBO
TRUSTEE	X	0	0	0
DR PARVEZ WADIA
TRUSTEE	X	0	0	0
CHARLES JONES
TRUSTEE	X	0	0	0
CHARLES CAPITO
TRUSTEE	X	0	0	0
ELIZABETH KEIGHTLEY
TRUSTEE	X	0	0	0
BRAD RITCHIE
TRUSTEE	X	0	0	0
BERNARD LAYNE III
TRUSTEE	X	0	0	0
HB WEHRLE III
TRUSTEE	X	0	0	0
WILLIAM HAMM
TRUSTEE	X	0	0	0
MARK MILLER
TRUSTEE	X	0	0	0
PHIL MORABITO
TRUSTEE	X	0	0	0
WAYNE MORGAN
TRUSTEE	X	0	0	0
REV ANDREW MULLINS
TRUSTEE	X	0	0	0
DR ERIC PERSILY
TRUSTEE	X	0	0	0
CHARLES PATTON
TRUSTEE	X	0	0	0
DWANE TINSLEY
TRUSTEE	X	0	0	0
RABBI VICTOR URECKI
TRUSTEE	X	0	0	0
GRACE VANDECRUZE-HEYLIGER
TRUSTEE	X	0	0	0
THOMAS REICH
TRUSTEE	X	0	0	0
EDWIN H WELCH PHD
PRESIDENT		308697	0	23886	X	40.00
CLETA HARLESS
CFO		117778	0	13587	X	40.00
LETHA ZOOK
PROVOST		116852	0	11043	X	40.00
JOAN CLARK
VP ADMISSION		87322	0	6110	X	40.00
BENJAMIN BEAKES
VP OF DEVELO		83344	0	14304	X	40.00
JENNIE FERRETTI
VP STUDENT D		67327	0	13285	X	40.00
JERRY FORSTER
REGIONAL PRE		0	0	0	X
SUSAN BACKOFEN
VP FOR MARKE		0	0	0	X
MICHELLE EASTON
DEAN - PHARM		197180	0	16352		40.00	X
MARY EULER
ASSOC. DEAN/		151455	0	11012		40.00	X
DAVID LATIF
PROF./CHAIR		144300	0	18097		40.00	X
DAVID PAYNE
DIR. PHYSICI		133243	0	13997		40.00	X
KRISTY LUCAS
PROF. OF PHA		131951	0	8957		40.00	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	1539449	TotalReportableCompFromOrg
Total Other Compensation	150630	TotalOtherCompensation
Number Individuals GT100 K	8	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	Address Line2AddressOfContractor/AddressUS/AddressLine2	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
AVI FOODSYSTEMS INC
EDUCATION/HEALTHCARE DIVISION	2590 ELM ROAD NE	WARREN	OH	44483	FOOD-CATERING	1592268
RUTH BURKE & ASSOCIATES
4050 PENNSYLVANIA SUITE 103	4050 PENNSYLVANIA SUITE 103	KANSAS CITY	MO	64111	CONSULTING	387512
BBL CARLTON LLC
600 KANAWHA BLVD SUITE 200	600 KANAWHA BLVD SUITE 200	CHARLESTON	WV	25301	CONSTRUCTION	372155
AA TRAVELS
4333 AMON CARTER BLVD	4333 AMON CARTER BLVD	FORT WORTH	TX	76155	TRAVEL SERVICES	257618
BSN SPORTS INC
PO BOX 7726	PO BOX 7726	DALLAS	TX	75209	SPORTING EQUIP	205197

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	15	NumberOfContractorsGT100K
All Other Contributions	7827615	AllOtherContributions
Noncash Contributions	850543	NoncashContributions
Total Contributions	7827615	TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	ExclusionExclusionAmount	Business CodeBusinessCode	Unrelated Business RevenueUnrelatedBusinessRevenue
TUITION AND FEES	36125063	36125063
AUXILIARY SALES & SERVICING	6420630		$6,420,630
CATERING	594555			722320	594555

Field	Value	IRS element (for citing)
Total Program Service Revenue	43140248	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	675707	TotalRevenueColumn
Exclusion	$675,707	ExclusionAmount

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	ExclusionExclusionAmount	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
OTHER INCOME	1404166	$1,404,166
CHANGE IN VALUE OF SPLIT INTE	99362	$99,362
ATHLETICS	64173		64173

Field	Value	IRS element (for citing)
Total Other Revenue	1567701	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	53211271	TotalRevenueColumn
Related Or Exempt Function Income	36189236	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	594555	UnrelatedBusinessRevenue
Exclusion	$8,599,865	ExclusionAmount

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	14406456	Total
Program Services	14406456	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	863535	Total
Management And General	863535	ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	14449566	Total
Program Services	13318849	ProgramServices
Management And General	931664	ManagementAndGeneral
Fundraising	199053	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	2886364	Total
Program Services	2375368	ProgramServices
Management And General	471120	ManagementAndGeneral
Fundraising	39876	Fundraising

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	143818	Total
Management And General	143818	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	83744	Total
Management And General	83744	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	673685	Total
Program Services	192299	ProgramServices
Management And General	481386	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	2513749	Total
Program Services	2107675	ProgramServices
Management And General	372212	ManagementAndGeneral
Fundraising	33862	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	112578	Total
Program Services	7738	ProgramServices
Management And General	104125	ManagementAndGeneral
Fundraising	715	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	595709	Total
Program Services	562011	ProgramServices
Management And General	33652	ManagementAndGeneral
Fundraising	46	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	1605820	Total
Program Services	1592493	ProgramServices
Management And General	13327	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	3634651	Total
Program Services	3190315	ProgramServices
Management And General	439256	ManagementAndGeneral
Fundraising	5080	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	111405	Total
Program Services	111405	ProgramServices

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
PLANT OPERATIONS & MAINT.	5467104	4795098	672006
MISCELLANEOUS	3051346	1969392	987061	94893
BAD DEBT	904928		904928
OTHER CONTRACTS	871605	378657	443896	49052

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	52376063	Total
Program Services	45007756	ProgramServices
Management And General	6945730	ManagementAndGeneral
Fundraising	422577	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	2856155	BOY
EOY	3576956	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	2225351	BOY
EOY	3402498	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	3452545	BOY
EOY	2994307	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	356402	BOY
EOY	1098040	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
EOY	144747	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	1825977	BOY
EOY	1609931	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	124757299	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	44542718	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	82544947	BOY
EOY	80214581	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	23213704	BOY
EOY	24536857	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	11789863	BOY
EOY	12630573	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	128264944	BOY
EOY	130208490	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	7426600	BOY
EOY	6449720	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	1169678	BOY
EOY	1682071	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	37020178	BOY
EOY	34914412	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	3143152	BOY
EOY	2672917	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	48759608	BOY
EOY	45719120	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	31876234	BOY
EOY	32380851	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	20459632	BOY
EOY	23770080	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	27169470	BOY
EOY	28338439	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	79505336	BOY
EOY	84489370	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	128264944	BOY
EOY	130208490	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	835208	ReconcilationRevenueExpenses
Reconciliation Unrealized Invest	3066028	ReconciliationUnrealizedInvest
Reconcilation Other Changes	1082798	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School170b1 Aii	X	School170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	20907953	BeginningOfYearBalance
Contributions	257222	Contributions
Investment Earnings Or Losses	2494312	InvestmentEarningsOrLosses
Grants Or Scholarships	-536810	GrantsOrScholarships
Other Expenditures	-359323	OtherExpenditures
End Of Year Balance	22763354	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	21309677	BeginningOfYearBalance
Contributions	196250	Contributions
Investment Earnings Or Losses	291340	InvestmentEarningsOrLosses
Grants Or Scholarships	-549595	GrantsOrScholarships
Other Expenditures	-339720	OtherExpenditures
End Of Year Balance	20907953	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	18456623	BeginningOfYearBalance
Contributions	188503	Contributions
Investment Earnings Or Losses	3561972	InvestmentEarningsOrLosses
Grants Or Scholarships	-551151	GrantsOrScholarships
Other Expenditures	-346270	OtherExpenditures
End Of Year Balance	21309677	EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	16704117	BeginningOfYearBalance
Contributions	612968	Contributions
Investment Earnings Or Losses	1854123	InvestmentEarningsOrLosses
Grants Or Scholarships	-423010	GrantsOrScholarships
Other Expenditures	-291575	OtherExpenditures
End Of Year Balance	18456623	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.14220	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.85780	PermanentEndowmentEOYBalance
Endowments Held By Unrelated Orgs	true	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	7905225	OtherCostOrOtherBasis
Book Value	7905225	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	116852074	OtherCostOrOtherBasis
Depreciation	44542718	Depreciation
Book Value	72309356	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	80214581	TotalOfBookValueLandBuildings

Other Assets OtherAssets

Field	Value	IRS element (for citing)
Description	BENEFICIAL INT. IN PERPETUAL TRUSTS	Description
Book Value	12630573	BookValue

Field	Value	IRS element (for citing)
Total Book Value Other Assets	12630573	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
REFUNDABLE ADVANCES UNDER GOVT GRANT	$2,147,327
CAPITAL LEASE OBLIGATIONS	$525,590

Field	Value	IRS element (for citing)
Total Of Amounts	2672917	TotalOfAmounts
Footnote In Part XIII	X	FootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt	42953641	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	3066028	NetUnrealizedGainsInvestments
Other Revenues	1082798	OtherRevenues
Revenue Not Rptd F990	4148826	RevenueNotRptdF990
Revenue Subtotal	38804815	RevenueSubtotal
Other Revenues Not Included	14406456	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	14406456	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	53211271	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	37969607	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	37969607	ExpensesSubtotal
Other Expenses Not Included	14406456	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	14406456	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	52376063	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
LIABILITY UNDER FIN 48 FOOTNOTE	SCHEDULE D, PAGE 3, PART X	THE UNIVERSITY IS CLASSIFIED AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, THEREFORE, IS NOT SUBJECT TO TAXES ON INCOME DERIVED FROM ITS EXEMPT ACTIVITIES. THE ORGANIZATION HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE UNIVERSITY IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY INCOME TAXING AUTHORITIES FOR YEARS ENDED PRIOR TO JUNE 30, 2010.
REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER	SCHEDULE D, PAGE 4, PART XI, LINE 2D	CHANGE IN VALUE OF INTEREST RATE SWAP 1,082,798
REVENUE AMOUNTS INCLUDED ON RETURN - OTHER	SCHEDULE D, PAGE 4, PART XI, LINE 4B	SCHOLARSHIPS AND AWARDS 14,406,456
EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER	SCHEDULE D, PAGE 4, PART XII, LINE 4B	SCHOLARSHIPS AND AWARDS 14,406,456

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	true	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	true	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	true	PolicyPublViaBroadcastMedia
Maint Racial Composition Records	true	MaintRacialCompositionRecords
Maint Scholarships Records	true	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	true	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	true	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	false	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	false	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	false	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	false	DiscriminateRaceScholarships
Discriminate Race Educ Policies	false	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	false	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	false	DiscriminateRaceOtherActy
Government Financial Aid Received	true	GovernmentFinancialAidReceived
Government Financial Aid Revoked	false	GovernmentFinancialAidRevoked
Compliance With Rev Proc7550	true	ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
PUBLICATION OF NONDISCRIMINATORY POLICY IN MEDIA EXPLANATION	SCHEDULE E LINE 3	THE UNIVERSITY OF CHARLESTON DOES NOT DISCRIMINATE ON THE BASIS OF RACE COLOR SEX RELIGION HANDICAP AGE OR NATIONAL OR ETHNIC ORIGIN IN THE ADMINISTRATION OF ITS EDUCATIONAL POLICIES ADMISSION POLICIES SCHOLARSHIP AND LOAN PROGRAMS ATHLETIC ACTIVITIES OR OTHER SCHOOLADMINISTERED PROGRAMS
FINANCIAL AID OR GOVERNMENT ASSISTANCE EXPLANATION	SCHEDULE E LINE 6	ASSISTANCE CONSISTS OF PARTICIPATION IN FEDERAL STUDENT FINANCIAL ASSISTANCE PROGRAMS

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	true	RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

Field	Value	IRS element (for citing)
Type Of Grant	SCHOLARSHIPS	TypeOfGrant
Number Of Recipients	972	NumberOfRecipients
Amount Of Cash Grant	14406456	AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES	Identifier
Return Reference	SCHEDULE I, PAGE 1, PART I, LINE 2	ReturnReference
Explanation	STUDENTS ARE AWARDED SCHOLARSHIPS BASED ON AN EVALUATION OF NEED AND ELIGIBILITY FOR SPECIFIC AWARDS IN ACCORDANCE WITH ANY DONOR STIPULATIONS. THE FINANCIAL AID DEPARTMENT IS RESPONSIBLE FOR MAKING SCHOLARSHIP AWARDS AND FOR MONITORING ONGOING ELIGIBILITY (E.G. MAINTENANCE OF SATISFACTORY ACADEMIC PROGRESS.)	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Housing Allowance Or Residence	X	HousingAllowanceOrResidence
Written Policy Re T And E Expenses	true	WrittenPolicyReTAndEExpenses
Substantiation Required	false	SubstantiationRequired
Written Employment Contract	X	WrittenEmploymentContract
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	false	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	false	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	false	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	false	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	false	AnyNonFixedPayments
Initial Contract Exception	false	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)

TitleTitle	Base Compensation Filing OrgBaseCompensationFilingOrg	Deferred Comp Filing OrgDeferredCompFilingOrg	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Total Compensation Filing OrgTotalCompensationFilingOrg
EDWIN H WELCH PHD
PRESIDENT	308697	17136	6750	332583
MICHELLE EASTON
DEAN - PHARMACY	197180	12055	4297	213532
MARY EULER
ASSOC DEANPHARMACY	151455	9296	1716	162467
DAVID LATIF
PROFCHAIR	144300	8980	9117	162397

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)

Bond ReferenceBondReferenceCd	Issuer EINIssuerEIN	Date IssuedDateIssued	Issue PriceIssuePrice	Description Of PurposeDescriptionOfPurpose	DefeasedDefeased	On Behalf Of IssuerOnBehalfOfIssuer	Pool FinancingPoolFinancing
CHARLESTON BUILDING COMMISSION
A	556000160	2003-09-22	8000000	RATRIE HALL CONSTRUCTION	false	false	false
KANAWHA COUNTY BUILDING COMMISSION
B	311023488	2007-12-21	8285000	MIDDLE HALL CONTSTRUCTION	false	false	false
CHARLESTON BUILDING COMMISSION
C	556000160	2009-06-17	21000000	APT/GARAGE CONSTRUCTION	false	false	false

Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)

Bond ReferenceBondReferenceCd	Amount RetiredAmountRetired	Total ProceedsTotalProceeds	Issuance Costs From ProceedsIssuanceCostsFromProceeds	Capital ExpendituresCapitalExpenditures	Year Of Subst CompletionYearOfSubstCompletion	Current RefundingCurrentRefunding	Advance RefundingAdvanceRefunding	Final Allocation MadeFinalAllocationMade	Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind
A	3129053	8000000	45514	7954486	2004	false	false	true	true
B	2326870	8285000	112896	8172104	2008	false	false	true	true
C	754684	21000000	169101	20803899	2010	false	false	true	true

Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedProperty	Any Lease ArrangementsAnyLeaseArrangements	Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty	Any Research AgreementsAnyResearchAgreements	Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest	Change In Use Bond Financed PropChangeInUseBondFinancedProp	Remedial Action TakenRemedialActionTaken	Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs
A	false	false	false	false	false	false	false	false
B	false	false	false	false	false	false	false	false
C	false	false	false	false	false	false	false	false

Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiled	Rebate Not Due YetRebateNotDueYet	Exception To RebateExceptionToRebate	No Rebate DueNoRebateDue	Variable Rate IssueVariableRateIssue	Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds	Gross Proceeds Invested In GICGrossProceedsInvestedInGIC	Gross Proceeds InvestedGrossProceedsInvested	Written Proc To Monitor ReqsWrittenProcToMonitorReqs	Term Of HedgeTermOfHedge	Superintegrated HedgeSuperintegratedHedge	Hedge TerminatedHedgeTerminated
(no name)
A	false	false	false	false	true	false	false	false	false
BB&T
B	false	false	false	false	true	true	false	false	false	15.0	true	false
BB&T
C	false	false	false	false	true	true	false	false	false	10.0	true	false

Form990 Schedule K Part V Form990ScheduleKPartV

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Proc To Undertk Corrective Action	false	ProcToUndertkCorrectiveAction

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV

Name Of Interested Person NameOfInterestedPerson

Field	Value	IRS element (for citing)
Name Person	SANTA MARIA INVESTMENTS IV LLC	NamePerson

Field	Value	IRS element (for citing)
Relationship	TRUSTEE CONTROL	Relationship
Amount Of Transaction	855919	AmountOfTransaction
Description Of Transaction	INVESTMENT IN FUND	DescriptionOfTransaction
Sharing Of Revenues	false	SharingOfRevenues

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTraded

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	1	NumberOfContributions
Noncash Contribs Rptd F990	850543	NoncashContribsRptdF990

Field	Value	IRS element (for citing)
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	true	ReviewProcessUnusualNCGifts
Third Parties Used	false	ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ALL OTHER ACCOMPLISHMENT DESCRIPTION	FORM 990, PAGE 2, PART III, LINE 4D	OTHER PROGRAM SERVICES
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	THE AUDIT COMMITTEE REVIEWS AND APPROVES FORM 990 BEFORE IT IS PRESENTED TO THE ENTIRE BOARD FOR APPROVAL BEFORE SUBMISSION.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	EACH TRUSTEE WHEN ELECTED OR RE-ELECTED TO THE BOARD AND EACH INSTITUTIONAL OFFICER, ANNUALLY (1) REVIEW OF THE POLICY; (2) DISCLOSE ANY POSSIBLE PERSONAL, FAMILIAL, OR BUSINESS RELATIONSHIPS THAT REASONABLY COULD GIVE RISE TO A CONFLICT INVOLVING THE UNIVERSITY; AND (3) TO ACKNOWLEDGE BY SIGNATURE THAT THEY ARE IN ACCORDANCE WITH THE LETTER AND SPIRIT OF THIS POLICY
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	BOARD OF TRUSTEES EXECUTIVE COMMITTEE HAS OVERSIGHT OF ALL ELEMENTS OF EXECUTIVE COMPENSATION. COMMITTEE REVIEWS CURRENT COMPENSATION AND DETERMINES REASONABLENESS OF COMPENSATION BY REVIEWING COMPARABLE ORGANIZATIONS
COMPENSATION PROCESS FOR OFFICERS	FORM 990, PAGE 6, PART VI, LINE 15B	BOARD REVIEWS CURRENT COMPENSATION OF OTHER OFFICERS AND DETERMINES REASONABLE COMPENSATION BASED ON COMPARABLE ORGANIZATIONS.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	NO DOCUMENTS AVAILABLE TO THE PUBLIC.
RECONCILIATION OF CHANGES - OTHER	FORM 990, PART XI, LINE 9	CHANGE IN VALUE OF INTEREST RATE SWAP 1,082,798 SCHOLARSHIPS AND AWARDS -14,406,456 SCHOLARSHIPS AND AWARDS 14,406,456