2014-01-14T14:58:43-06:00 2013-06-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 777 E WISCONSIN AVENUE 32ND FLOOR MILWAUKEE WI 53202 990 2012-07-01 390806297 LAWRENCE UNIVERSITY OF WISCONSIN LAWR 9208326540 711 E BOLDT WAY APPLETON WI 54911 MARK BURSTEIN 9208326540 2013-12-16 1 TROY E MARINE CPA P00187863 4147775500 2013-12-16 2012 2015-11-30 17:44:51Z MARK BURSTEIN 711 E BOLDT WAY APPLETON WI 54911 189184210 0 X WWW.LAWRENCE.EDU X 1847 WI TO PROVIDE A HIGH QUALITY, LIBERAL ARTS EDUCATION AND SOUND CAREER PREPARATION TO ITS STUDENTS. 28 27 1883 28 31631 -8458 13782188 16431332 63481778 67824478 6848705 6645076 283616 468239 84396287 91369125 22748053 26269424 0 0 36234899 36686033 0 0 2487187 22854966 21638866 81837918 84594323 2558369 6774802 334498141 355773887 59269963 56615940 275228178 299157947 X LAWRENCE UNIVERSITY OF WISCONSIN, THROUGH ITS UNDERGRADUATE RESIDENTIAL COLLEGE AND CONSERVATORY OF MUSIC, EDUCATES STUDENTS IN THE LIBERAL ARTS AND SCIENCES. THE UNIVERSITY IS DEVOTED TO EXCELLENCE AND INTEGRITY IN ALL OF ITS ACTIVITIES AND COMMITTED TO THE DEVELOPMENT OF INTELLECT AND TALENT, THE PURSUIT OF KNOWLEDGE AND UNDERSTANDING, THE CULTIVATION OF SOUND JUDGMENT, AND RESPECT FOR THE PERSPECTIVES OF OTHERS. LAWRENCE PREPARES STUDENTS FOR LIVES OF ACHIEVEMENT, RESPONSIBLE AND MEANINGFUL CITIZENSHIP, LIFELONG LEARNING, AND PERSONAL FULFILLMENT. AS A LEARNING COMMUNITY OF SCHOLARS AND ARTISTS WE ENGAGE EACH OTHER IN A TRANSFORMATIVE PROCESS THAT EMPHASIZES INDIVIDUALIZED LEARNING, SUPPORTED BY AN ENVIRONMENT OF RICH EDUCATIONAL OPPORTUNITIES IN A RESIDENTIAL CAMPUS SETTING. 0 0 52721003 26269424 58522596 PROVIDE LIBERAL ARTS INSTRUCTION TO 1500 UNIVERSITY STUDENTS. LAWRENCE CURRICULUM PROMOTES EXPOSURE TO A WIDE RANGE OF SUBJECT MATTERS AND INTELLECTUAL APPROACHES. IT ALSO CALLS FOR THE FOCUSED STUDY OF A SINGLE AREA OF KNOWLEDGE. WITHIN THIS GENERAL FRAMEWORK, THE STUDENT EXERCISES WIDE LATITUDE IN BUILDING A COURSE OF STUDY. A LAWRENCE EDUCATION, THEN, RESULTS FROM CONSIDERED CHOICES. THE COLLEGE PROVIDES AMPLE ROOM FOR SUCH CHOICES AND ENCOURAGES STUDENTS TO EXERCISE THEM BOLDLY. THE LAWRENCE UNIVERSITY CONSERVATORY OF MUSIC, NOW IN ITS SECOND CENTURY OF EDUCATING STUDENTS FOR CAREERS IN MUSIC, IS A NATIONALLY RECOGNIZED CONSERVATORY DEVOTED EXCLUSIVELY TO THE EDUCATION OF UNDERGRADUATES WITHIN A DISTINGUISHED COLLEGE OF THE LIBERAL ARTS AND SCIENCES. A SUPERB FACULTY OF PERFORMERS, COMPOSERS, SCHOLARS, AND TEACHERS PRIDES ITSELF ON THE INDIVIDUAL ATTENTION GIVEN TO MORE THAN 330 MUSIC MAJORS WHO PURSUE THEIR UNDERGRADUATE DEGREES AT LAWRENCE. 5981734 7290480 PROVIDE FOOD SERVICE AND HOUSING TO 1500 UNIVERSITY STUDENTS. 8101869 664936 PROVIDE STUDENTS WITH SERVICES SUCH AS MUSIC, ATHLETICS, COMMUNITY INVOLVEMENT, RESIDENTIAL LIFE, COUNSELING, HEALTH CENTER, AND MULTICULTURAL AFFAIRS. 5106122 1736060 PROVIDE ACADEMIC SUPPORT TO 1200 STUDENTS THROUGH LIBRARY FACILITIES AND COMPUTER SERVICES 5106122 1736060 71910728 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 1 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 1 1 1 0 0 1 X 307 0 1 1883 1 1 1 1 CJ EI UK BD 0 0 0 0 0 0 0 0 X 28 27 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 WI X ELIZABETH MILLER 9208327164 711 E BOLDT WAY APPLETON WI 54911 CHARLES D SAUNDERS 1.00 X 0 0 0 CHARLOT NELSON SINGLETON 1.00 X 0 0 0 DALE R SCHUH 1.00 X 0 0 0 DAVID BLOWERS 1.00 X 0 0 0 DAVID N KNAPP 1.00 X 0 0 0 DR PETER R BETZER 1.00 X 0 0 0 DWIGHT A PETERSON 1.00 X 0 0 0 EDITH ANDREW 1.00 X 0 0 0 J TERRENCE FRANKE 1.00 X 0 0 0 JILL BECK 40.00 X X 347235 0 52085 JOANNA DEPLAS 1.00 X 0 0 0 JOHN H ELLERMAN 1.00 X 0 0 0 KK TSE 1.00 X 0 0 0 KURT ALBERTINE 1.00 X 0 0 0 LAN HUANG 1.00 X 0 0 0 LOUIS B BUTLER 1.00 X 0 0 0 MARTHA OLSON 1.00 X 0 0 0 MICHAEL P CISLER 1.00 X 0 0 0 OVERTON B PARRISH JR 1.00 X 0 0 0 PETER MUSSER 1.00 X 0 0 0 RENEE GORAL BOLDT 1.00 X 0 0 0 ROBERT A ANKER 1.00 X 0 0 0 ROBERT C BUCHANAN 1.00 X 0 0 0 ROBERT J SCHAUPP 1.00 X 0 0 0 SCOTT D MYERS 1.00 X 0 0 0 STEPHANIE H VRABEC 1.00 X 0 0 0 SUSAN FEITH 1.00 X 0 0 0 SUSAN STILLMAN KANE 1.00 X 0 0 0 WILLIAM O HOCHKAMMER 1.00 X 0 0 0 BRIAN RISTE 40.00 X 160343 0 24052 CALVIN HUSMANN 40.00 X 192906 0 32491 DAVID BURROWS 40.00 X 159238 0 23886 DAWN ROST 40.00 X 111798 0 16770 KEN ANSELMENT 40.00 X 107539 0 16131 NANCY TRUESDELL 40.00 X 105291 0 15794 BARBARA STACK 40.00 X 101693 0 15254 BRIAN PERTL 40.00 X 164293 0 44644 FREDERICK STURM 40.00 X 122518 0 18378 JEFFREY STANNARD 40.00 X 113132 0 16970 MARY MEANY 40.00 X 116154 0 17423 1802140 0 293878 12 0 1 0 GODFREY & KAHN SC 100 LAWRENCE ST APPLETON WI 54911 LEGAL SERVICES 123384 1 560180 15871152 1195654 16431332 TUITION AND FEES 611710 65954045 65954045 AUXILIARY ENTERPRISE 611710 1736060 1736060 EVENTS 611710 61526 61526 CONSERVATORY 611710 43765 43765 SUMMER CAMPS 611710 22305 22305 6777 6777 67824478 2987516 2987516 14803 0 14803 14803 13212 1591 101434932 19000 97770933 25439 3663999 -6439 3657560 3657560 64136 18713 45423 45423 MISCELLANEOUS 611710 408013 389594 18419 408013 91369125 68214072 31631 6692090 26269424 26269424 1802140 1802140 25811266 22285356 1746394 1779516 1759213 1419018 219485 120710 5454900 1313151 4137464 4285 1858514 1510192 228851 119471 211513 211513 105082 105082 1135615 642088 471827 21700 117025 44970 66242 5813 1723119 1615666 84229 23224 2206575 1831948 374627 1828661 1000290 513544 314827 113558 69740 37167 6651 1699094 1697118 1976 6819761 6448038 371723 571107 571107 TUITION EXPENSES 1866896 1866896 REPAIRS AND MAINTENANCE 1811528 1729070 68294 14164 OTHER EXPENSES 1216124 990375 192234 33515 MEMBERSHIPS 340617 158300 175599 6718 -127409 1019088 -1183090 36593 84594323 71910728 10196408 2487187 1957100 1357589 4775253 3418116 5304562 10146516 626805 615233 5891557 5776264 282338 294362 464933 71979 232833251 121250439 110973561 111582812 159013611 157815976 41287314 60582554 3921107 4112486 334498141 355773887 9187413 9025562 1104408 1114651 38597859 37094910 10380283 9380817 59269963 56615940 X 25337759 32091880 106758519 116609298 143131900 150456769 275228178 299157947 334498141 355773887 X 6774802 16513010 641957 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 194312077 4408935 22660718 8949804 212431926 214650801 4093643 -3026957 8984739 12420671 194312077 180257588 2806749 41381464 9795000 214650801 168497280 2700306 18235002 9175000 180257588 216465646 5301420 -42119786 11150000 168497280 0.17000 0.83000 1 1 1 3149876 3149876 171277293 73063014 98214279 58406082 48187425 10218657 111582812 VENTURE CAPITAL 60582554 F 60582554 POSTRETIREMENT OBLIGATIONS 2609595 U.S. GOVERNMENT GRANTS REFUNDABLE 1709419 ANNUITIES PAYABLE 1611996 ASSET RETIREMENT OBLIGATIONS 3198055 DUE TO MEMBERS 251752 9380817 X 82254668 16513010 -25637928 -9124918 91379586 -10461 -10461 91369125 58324899 0 58324899 26269424 26269424 84594323 PART III, LINE 1A: THE UNIVERSITY DOES NOT ASSIGN OR RECORD A VALUE FOR ART AND OTHER COLLECTIONS RECEIVED AS GIFTS. ACCORDINGLY, THE VALUE OF CERTAIN ART AND OTHER COLLECTIONS HAS BEEN EXCLUDED FROM THE STATEMENTS OF FINANCIAL POSITION. PART III, LINE 4: THE ARTWORK AND OTHER MISCELLANEOUS COLLECTIONS IN THE UNIVERSITY'S POSSESSION ARE USED TO HELP SUPPORT KNOWLEDGE GROWTH AND WORLDLY EXPERIENCE TO OUR STUDENTS. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO SUPPORT STUDENT SCHOLARSHIPS, FACULTY CHAIR POSITIONS AND OTHER ACADEMIC MISSION RELATED PURPOSES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE UNIVERSITY FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE UNIVERSITY FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2013 AND 2012. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURNS FOR FISCAL YEAR 2010 AND THEREAFTER ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: TUITION DISCOUNTS -26,269,424. INTEREST RATE SWAP - MARK TO MARKET 480,694. CHANGE IN VALUE OF SPILT INTEREST AGREEMENTS 20,703. CHANGE IN VALUE OF INTEREST IN TRUSTS 130,099. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DONATED STOCK -10,461. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION DISCOUNTS 26,269,424. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 GENERAL POLICY IS INCLUDED IN ALL SUBSTANTIVE PUBLICATIONS DISTRIBUTED. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES FEDERAL STUDENT AID FROM THE U.S. DEPARTMENT OF EDUCATION INCLUDING PELL GRANTS, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, FEDERAL WORK-STUDY GRANTS, PERKINS LOANS, DIRECT STUDENT LOANS, ACADEMIC COMPETITIVENESS GRANT AND NATIONAL SCIENCE AND MATHEMATICS ACCESS TO RETAIN TALENT GRANTS. THE UNIVERSITY ALSO RECEIVES RESEARCH AND DEVELOPMENT GRANTS FROM THE NATIONAL INSTITUTE OF HEALTH, NATIONAL SCIENCE FOUNDATION, AND NATIONAL AERONAUTICS AND SPACE ADMINISTRATION. LONDON, ENGLAND 1 1 PROGRAM SERVICES OFF CAMPUS EDUCATIONAL EXPERIENCE 896988 1 1 0 0 1 1 896988 0 896988 0 0 0 0 0 0 GOLF OUTING 27455 27455 10670 TUTTI MUSIC ACADEMY 36681 36681 307 1861 3341 2534 64136 64136 307 1861 3341 13204 18713 45423 1 SCHOLARSHIPS TO STUDENTS 1459 26269424 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SCHOLARSHIP AMOUNTS ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS AFTER A THOROUGH REVIEW OF ELIGIBILITY AND SELECTION CRITERIA. THE UNIVERSITY HAS AN EXPERIENCED FINANCIAL AID DEPARTMENT THAT MONITORS THE USE OF GRANT FUNDS. X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 JILL BECK 347235 0 0 0 0 0 23080 0 29005 0 399320 0 0 0 BRIAN RISTE 160343 0 0 0 0 0 0 0 24052 0 184395 0 0 0 CALVIN HUSMANN 192906 0 0 0 0 0 0 0 32491 0 225397 0 0 0 DAVID BURROWS 159238 0 0 0 0 0 0 0 23886 0 183124 0 0 0 BRIAN PERTL 164293 0 0 0 0 0 0 0 44644 0 208937 0 0 0 PART I, LINE 4B THE PRESIDENT OF THE UNIVERSITY IS A PARTICIPANT IN A 457(B)PLAN. AN ANNUAL UNIVERSITY CONTRIBUTION IS DETERMINED AND APPROVED BY THE BOARD OF TRUSTEES. A WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORITY 391337855 97710BGM8 2009-02-26 29810000 CURRENT REFUND BONDS ISSUED 2/22/89, 11/02/00 & 07/11/02 0 0 0 B WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORITY 391337855 97710B3G5 2012-08-29 11065000 CURRENT REFUND BONDS ISSUED 09/09/98 0 0 0 A 3535000 29810000 241040 29568960 1 0 1 1 B 11065000 220000 10845000 1 0 1 1 A 0 0 0 0 0 0 0 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 VARIOUS TRUSTEES GRANDCHILDREN/CHILDREN 15500 INSTITUTIONAL GRANTS EDUCATION RENEE BOLDT TRUSTEE 3552172 OSCAR C. BOLDT IS RENEE GORAL BOLDT'S FATHER-IN-LAW. OSCAR IS A LONG-TIME SUPPORTER OF LAWRENCE UNIVERSITY AND RENEE IS AN ALUMNI AND ACTIVE TRUSTEE MEMBER. LAWRENCE PERIODICALLY CONTRACTS WITH THE BOLDT COMPANY FOR CONSTRUCTION PROJECTS. 0 X 1 59685 APPRAISED VALUE X 36 955969 FAIR MARKET VALUE X MUSICAL INSTRUMENTS 1 180000 FMV 0 0 0 NON REPORTING OF REVENUE: PART I, LINE 33: A CONTRIBUTION OF ART AND AN ORGAN WAS RECEIVED FOR THE FISCAL YEAR 2013. PER SCHEDULE D, PART III, LINE 1A, LAWRENCE UNIVERSITY DOES NOT ASSIGN OR RECORD A VALUE FOR ART AND OTHER COLLECTIONS RECEIVED AS GIFTS. ACCORDINGLY, THE VALUE OF CERTAIN ART AND OTHER COLLECTIONS HAS BEEN EXCLUDED FROM THE STATEMENTS OF FINANCIAL POSITION. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WILL BE POSTED ONTO THE BOARD TRUSTEE WEBSITE PRIOR TO FILING, WHICH IS CONSISTENT WITH HOW ALL MATERIALS FOR BOARD MEETINGS ARE COMMUNICATED TO BOARD MEMBERS. TO RESPECT THE WISHES OF CERTAIN DONORS TO REMAIN ANONYMOUS, WE HAVE CHOSEN NOT TO PROVIDE A FULL DISCLOSURE COPY OF THE 990 TO THE FULL GOVERNING BOARD OF LAWRENCE UNIVERSITY. A FULL DISCLOSURE COPY, WITH ALL DONOR INFORMATION, WILL BE FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ACCORDING TO THE WRITTEN CONFLICT OF INTEREST POLICY, THE SECRETARY OF THE BOARD OF TRUSTEES SHALL REQUEST EACH PRESENT MEMBER OF THE BOARD OF TRUSTEES AND OFFICERS, AND EACH FUTURE MEMBER OF THE BOARD OF TRUSTEES AND OFFICER PRIOR TO FORMAL ELECTION TO COMPLETE AN APPROPRIATE STATEMENT, SIMILAR TO THE ONE APPENDED, AND TO RENEW THE STATEMENT AT LEAST ONCE EVERY YEAR WHILE SERVING IN ANY OF THESE CAPABILITIES. A CONFIDENTIAL FILE SHALL BE MAINTAINED OF SUCH STATEMENTS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE PRESIDENT'S AND ANY OTHER DISQUALIFIED PERSON'S COMPENSATION, WHICH IS THEN REPORTED TO THE BOARD. COMPENSATION SURVEY INFORMATION IS USED FROM COMPARABLE INSTITUTIONS. AN INDEPENDENT CONSULTANT IS USED EVERY FEW YEARS AS WELL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPILT INTEREST AGREEMENTS 20,703. CHANGE IN THE VALUE OF INTEREST IN TRUSTS 130,099. INTEREST RATE SWAP - MARK TO MARKET 480,694. LOSS ON DONATED STOCK 10,461. FORM 990, PART XII, LINE 2C NO CHANGES HAVE BEEN MADE FROM THE PRIOR YEAR. LAWRENCE CORPORATION OF WISCONSIN 711 E BOLDT WAY APPLETON WI 54911 930841243 TO PROVIDE FINANCIAL SUPPORT TO LAWRENCE UNIVERSITY DE 501(C)(3) 11 TYPE I LAWRENCE UNIVERSITY OF WISCONSIN 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 LAWRENCE CORPORATION OF WISCONSIN S 520000 FMV LAWRENCE CORPORATION OF WISCONSIN C 126000 FMV