2014-05-12T13:36:51-07:00 2013-06-30 990 2012-07-01 870212470 Westminster College WEST 8018322139 1840 South 1300 East Salt Lake City UT 84105 Sydney Tervort 2014-05-12 2012 2015-11-30 17:44:51Z Brian Levin Stankevich 1840 S 1300 E Salt Lake City UT 84015 181575731 false false X www.westminstercollege.edu X 1886 UT Westminster College is a private comprehensive liberal arts college in Salt Lake City, UT offering undergraduate and graduate degrees in liberal arts and professional programs. 32 31 1823 0 7383077 5079659 86135422 87109499 -1867108 6014305 538196 550765 92189587 98754228 27429063 28225419 0 40100160 41494307 0 2168653 23845075 25066789 91374298 94786515 815289 3967713 184654640 199110284 49378364 59866295 135276276 139243989 We are a community of learners with a long and honored tradition of caring deeply about students and their education. Students are challenged to experiment with ideas, raise questions, critically examine alternatives, and make informed decisions. We encourage students to accept responsibility for their own learning, to discover and pursue their passions, and to act with responsibility. Our purposes are to prepare students to lead lives of learning, accomplishment, and service, and to help them develop skills and attributes critical for success in a rapidly changing world. We do this by offering distinctive academic programs that emphasize theory and practice and encourage active, experiential, collaborative, and cross-disciplinary learning. We work to pursue excellence while promoting inclusiveness and respect for differences. false false 77804147 28104269 87109499 Instruction: 2,338 FTE students in undergraduate programs 778 FTE students in graduate programs 597 students graduated in the 2012-2013 academic year 77804147 true true false false false false true true false true true true false false true true true false true true true false true false true false false false true true true false false false false false false true false true false true true false false false true false false false false true 167 0 true 1823 true false false false false false false true true false 0 false false false false false false false false false false X 32 31 false false false false false false false true true false false true true true true true true true true false UT X Sydney Tervort 8018322133 1840 South 1300 East Salt Lake City UT 84105 X Greg Winegardner 1.60 0.00 X 0 0 0 David E Simmons 1.60 0.00 X 0 0 0 Alvin Richer 1.60 0.00 X 0 0 0 Pat Richards 1.60 0.00 X 0 0 0 Robert Rendon 1.60 0.00 X 0 0 0 William Orchow 1.60 0.00 X 0 0 0 Jeff Nelson 1.60 0.00 X 0 0 0 Catherine Putnam-Netto 1.60 0.00 X 0 0 0 O Wood Moyle IV 1.60 0.00 X 0 0 0 Peter D Meldrum 1.60 0.00 X 0 0 0 Colleen Kearns McCann 1.60 0.00 X 0 0 0 Laura Kaiser 1.60 0.00 X 0 0 0 Henry S Hemingway 1.60 0.00 X 0 0 0 Clark P Giles 1.60 0.00 X 0 0 0 Robert Garda 1.60 0.00 X 0 0 0 Robert J Frankenberg 1.60 0.00 X 0 0 0 Deanna Forbush 1.60 0.00 X 0 0 0 Thomas Fey 1.60 0.00 X 0 0 0 Bing L Fang 1.60 0.00 X 0 0 0 Thomas A Ellison Esq 1.60 0.00 X 0 0 0 Curt P Crowther 1.60 0.00 X 0 0 0 James R Clark 1.60 0.00 X 0 0 0 Preston Chiaro 1.60 0.00 X 0 0 0 Michael Bills 1.60 0.00 X 0 0 0 Judith Billings 1.60 0.00 X 0 0 0 Martha Felt Barton 1.60 0.00 X 0 0 0 Gretchen F Anderson 1.60 0.00 X 0 0 0 Jeanne Ambruster 1.60 0.00 X 0 0 0 Hamid Adib 1.60 0.00 X 0 0 0 Kim T Adamson 1.60 0.00 X 0 0 0 Brian Levin Stankevich 40.00 0.00 X X 189704 0 22687 Annalisa Steggell-Holcombe 40.00 0.00 X 98629 0 21811 W Curtis Ryan 40.00 0.00 X 229498 0 32153 Jin Wang 40.00 0.00 X 214349 0 30815 Stephen Morgan 40.00 0.00 X 259789 0 40220 James Seidelman 40.00 0.00 X 261925 0 39952 Jerry Van Os 40.00 0.00 X 158656 0 12181 James Stimpson 40.00 0.00 X 151679 0 27207 Aric Krause 40.00 0.00 X 151316 0 19650 Richard Chapman 40.00 0.00 X 150540 0 23049 George White 40.00 0.00 X 147597 0 25789 Michael Bassis 0.00 0.00 X 527014 0 24512 2540696 320026 47 true true false Tac Air 303 North 2370 West Salt Lake City UT 84116 Rent & Airplane gas 107387 Grant Thornton 175 West Jackson 20th Floor Chicago IL 60604 Audit 105210 American Mechanical Systems Service 556 W 8360 S Sandy UT 84070 Maintenance/repair 351220 3 147149 896861 4035649 1577363 5079659 Tuition and Fees 82223877 82223877 Auxiliary enterprises 4885622 4885622 87109499 348169 348169 95105 95105 1426 1426 0 88214668 82643637 5571031 5571031 5571031 179949 147149 177866 2083 2083 0 0 Other Revenue 136578 136578 Interest-Accts Receivable 525990 177118 177118 Commissions 611710 202691 202691 30869 30869 547256 98754228 87656755 6017814 0 28104269 28104269 121150 121150 0 1362216 481569 614774 265873 0 30333804 25349559 3863990 1120255 2388912 1866169 387425 135318 5217894 3825567 1055611 336716 2191481 1796077 305006 90398 0 20489 20489 112450 112450 0 0 0 1568718 830162 717289 21267 222183 205939 16244 2328623 1978902 270147 79574 1391171 1017002 374114 55 8299 8299 1748388 139414 1608974 2911280 2712092 158258 40930 0 132053 108363 16664 7026 2809408 2087040 722368 0 3967923 2947672 1020251 730760 243453 487307 Memberships/Subscriptions 344494 216672 110417 17405 Campus Repair & Maint. 998930 307015 691433 482 Food 2279353 2046440 200179 32734 Misc other 3107404 1408136 1678648 20620 384863 3186 381677 94786515 77804147 14813715 2168653 0 17876418 20337834 3976911 2512049 2419377 1963374 0 0 4025211 4158213 0 547955 509146 142996859 40804971 90181850 102191888 0 65626918 67437780 0 0 0 184654640 199110284 7036628 6676876 2600032 2579849 30355000 29285000 7088879 4939652 2297825 16384918 49378364 59866295 X 68567384 70343457 17587044 18427865 49121848 50472667 135276276 139243989 184654640 199110284 3967713 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 2 1 1 2 1 false true 716570 X X X true 57497471 917088 5430313 -904728 -1150144 61790000 58945411 3440382 -2781913 -902896 -1203513 57497471 51491292 466534 8968850 -917403 -1063862 58945411 46849346 1402238 5149824 -925759 -984357 51491292 63615040 398119 -15148357 -904390 -1111066 46849346 0.02000 0.80000 0.18000 true false false 2642798 2642798 116420880 23617980 92802900 2519452 1397593 1121859 12271877 9147061 3124816 9141852 6642337 2499515 102191888 67437780 U.S. government grants refundable - gov 1955914 Funds held on deposit for others 258392 Capital lease obligation 14170612 16384918 X 70706675 -28047553 -28047553 98754228 98754228 66738962 66738962 28047553 28047553 94786515 Part XII, Line 4b Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Scholarships $28225419 Expenses related to special event $-177866 Part X Part X : FIN48 Footnote Income tax status: The College has been recognized by the Internal Revenue Service as an organization that is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code on its income other than unrelated business income. The College has also been recognized by the State of Utah as an organization exempt from state income taxation except to the extent of unrelated business income. Accordingly, no provision for income taxes is made in the financial statements.As required by US GAAP, the College has identified and evaluated its significant tax positions for which the statute of limitations remain open. The open tax years are the years ended June 30, 2010 through June 30, 2013 for federal tax purposes and Utah tax purposes. The College applied the more likely than not criteria to all tax positions and determined no material unrecognized tax benefits or liability should be recognized. In addition, there have been no material changes in unrecognized benefits as of June 30, 2013, and is it not expected that there will be a material change in the 12 months following June 30, 2013. There have been no related tax penalties or interest, which would be classified as a tax expense in the statement of activities. Part V, Line 4 Part V, Line 4: Intended uses of the endowment fund. Theintended use of endowment funds is to provide scholarships to students and support the activities of the College through distribution of earnings to the operating fund in a manner consistent with donor restrictions. Part III, Line 4 Part III, Line 4: Description of organization's collections and how it furthers its purpose. The college received donations of collection and works of art. These collections further the college's exempt purpose by enhancing the educational experience for the students by using them for discussions and research in the classroom as wells as for public exhibition. Part II, Line 9 Part II, Line 9: Organization Reporting of conservation easements. Westminster College obtained the easements as part of a purchase agreement with the City of Salt Lake recorded on March 10, 2011. The easements are on approximately 1 acre of the total 4.6 acres. Because the easements were part of the purchase, we do not separately account for them in the financial statements or footnotes. true true true true true true true false false false false false false false false true false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized Westminster College's non-discrimination policy is as follows:Employment Policy: Westminster College does not discriminate in employment opportunities or practices on the basis of race, color, ethnicity, religion, gender, national origin, age, disability, veteran status, gender identification, sexual orientation or any other characteristic protected by law.Education Policy: Westminster College administers all of its educational programs, related support services, and benefits in a manner which does not discriminate against students or prospective students with regard to race or ethnicity, color, religion, national origin, sex, age, sexual orientation, gender identification, disabilities, genetic information, or status as a veteran, or any other category or classification protected by applicable federal, state, or city laws.The admissions application, scholarship application, academic catalog, class schedules and all other materials sent to prospective students and members of the general community served by the College include the Colleges statement as noted above. Westminster College complies with federal and state non-discrimination laws and will not discriminate in admission and financial aid against any person because of race, color, sex, religion, national origin or physical handicap. Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency Westminster College participates in various financial assistance programs as authorized by Title IV of the Higher Education Act of 1965 and administered by the U.S. Department of Education. true Sub-Saharan Africa 0 0 Program Services Student Services 5000 Sub-Saharan Africa 0 0 Program Services Academic Support 2000 Sub-Saharan Africa 0 0 Program Services Undergradaute Trip 75000 Sub-Saharan Africa 0 0 Program Services Graduate Trip 168000 South Asia 0 0 Program Services Student Services 42000 South Asia 0 0 Program Services Academic Support 6000 South America 0 0 Program Services Academic Support 4000 South America 0 0 Program Services Instruction 8000 South America 0 0 Program Services Graduate Trip 106000 South America 0 0 Grantmaking Study Abroad 42000 Russia & Newly Indep Stat 0 0 Program Services Instruction 4000 Central America & Caribbe 0 0 Program Services Graduate Trip 114000 Central America & Caribbe 0 0 Grantmaking Study Abroad 14000 North America 0 0 Program Services Academic Support 1000 North America 0 0 Program Services Graduate Trip 35000 North America 0 0 Grantmaking Study Abroad 10000 Europe 0 0 Program Services Student Services 2000 Europe 0 0 Program Services Academic Support 12000 Europe 0 0 Program Services Instruction 15000 Europe 0 0 Program Services Undergraduate Trip 325000 Europe 0 0 Program Services Graduate Trip 219000 Europe 0 0 Grantmaking Study Abroad 41000 East Asia & the Pacific 0 1 Program Services Student Services 21000 East Asia & the Pacific 0 0 Program Services Academic Support 15000 East Asia & the Pacific 0 0 Program Services Instruction 77000 East Asia & the Pacific 0 0 Program Services Undergraduate trip 95000 East Asia & the Pacific 0 0 Program Services Graduate Trip 148000 East Asia & the Pacific 0 0 Grantmaking Study Abroad 15000 1 1 1159000 462000 1621000 Institutional Scholarships South America 3 41580 Student Account N/A Book Institutional Scholarships North America 1 9500 Student Account N/A Book Institutional Scholarships Europe 4 41360 Student Account N/A Book Institutional Scholarships East Asia & the Paci 2 14850 Student Account N/A Book Institutional Scholarships Central America & Ca 1 13860 Student Account N/A Book false false false false false false Grantmaker's Description of How Grants are Used in Foreign Country The costs of providing the college's various programs and other supporting services, including foreign transactions, have been summarized on a functional basis in the statements of activities. Accordingly, certain costs have been allocated among the programs and supporting services. We are not required to show foreign transactions separately for financial statement reporting purposes. The method used to account for the total expenditures by region included an evaluation of all expenses that included a cross border transaction fee and an accumulation of total expenditures related to undergraduate and graduate academic/international trips. Additional Supplemental Information Part III, column (a) The College pays grants or assistance to students on the first day of classes for each respective semester. To determine the residential status at the time the grant is paid, the College compares the first day of classes for both institutions. The student is considered to be a "foreign individual" within one week of the start of classes at the foreign institution. false 2012 Schol Gala 288400 111819 176581 113503 22595 2000 36654 2013 Schol Gala 38698 35330 3368 299 2815 327098 147149 179949 113503 22894 2000 39469 177866 2083 true 0 0 UCOPE 17 31300 Book Value SEOG 135 273121 Book Value Institutional Scholarships 2297 26068566 Book Value Endowed Scholarships 397 963533 Book Value Annual Scholarships 219 767749 Book Value Grantmaker's Description of How Grants are Used The college reports are regularly reviewed to be certain funds are used for proper purposes. Federal grant reporting and reconciliation occurs monthly and during the yearly A-133 audit. Awarding practices are reviewedforcompliance with federal regulations. Students are reviewed yearly for continued and new fund eligibility to be sure academic standards and other grant-specific criteria have been met. X X X X X false true false false false false false false false false W Curtis Ryan 200262 29236 32153 261651 Stephen Morgan 259249 540 40220 300009 Richard Chapman 148440 2100 23049 173589 Michael Bassis 215437 240958 70619 24512 551526 Jin Wang 213269 1080 30815 245164 Jerry Van Os 144622 14034 12181 170837 James Stimpson 151679 27207 178886 James Seidelman 254511 7414 39952 301877 George White 147597 25789 173386 Brian Levin Stankevich 189704 22687 212391 Aric Krause 149216 2100 19650 170966 B Salt Lake County Utah 876000316 79567PDG5 2007-04-10 18270000 To advance refund the callable college revenue bonds false false false A Salt Lake County Utah 876000316 79567PCS0 2005-05-10 16715000 To finance construction projects and debt service reserve false false false B 18270000 1611450 15752862 14670 2549541 false true true true A 16715000 193859 8280000 51762 8267906 true false true true B false false false false false true A false false false false false true B false false false NA false NA false false true A false false false NA false NA false false true Supplemental Information Part VI The rebate computation was performed for the 2005 bond issue on 6/28/10 and for the 2007 bond issue on 6/14/12. 38346 Tuition Tuit Remission W Curtis Ryan Child 12244 Student Compensation false Bing Fang Family - Brd 17119 EmployeeCompensation false X 48 97690 Appraisal/Cost X 2130 Cost X 12 1160444 Market Value X 1 55607 Cost X Instruct/Progrm 5 14430 Appraisal/Cost X Gift basket 183 75118 Cost X Furniture 17 1835 Appraisal/Cost X Event use 11 9458 Cost X Gift basket 1 3690 Cost X Gift basket 1 8390 Cost X Furniture 1 38800 Cost X Event use 1 5000 Cost X Gift basket 1 6180 Cost X Event use 1 5600 Cost X Event use 1 1191 Cost X Furniture 1 5650 Appraisal/Cost X Gift basket 1 7000 Cost X Gift basket 1 4150 Cost X Event use 1 5000 Cost X Event use 1 6000 Cost X Instruct/Progrm 1 60000 Cost X Gift basket 1 4000 Cost false true false Schedule D, Part V, Line 2 a-c The numbers reflected in the Form 990 Schedule D, Part V, Line 2 a-c are the percentages related to the End of Year Endowment funds balance prior to the reclassification entry for the College's underwater endowments ($387,734 in 2013, $928,080 in 2012, $286,992 in 2011, $1,178,043 in 2010 moved from term to unrestricted endowment funds). The percentages from the audited financial statements would be as follows:2013 2012 2011 2010 2% 0% 1% 0% Board designated or quasi-endowment 80% 84% 78% 84% Permanent endowment 18% 16% 21% 16% Term endowment Form 990, Part V, Line 7h The College did not receive any contributions of cars, boats, airplanes, and other vehicles and thus was not required to disclose on Form 1098-C. Form 990, Part V, Line 7g The College did not receive any contributions of intellectual property and thus was not required to file Form 8899. Form 990, Part I, Line 4 Non-independent Trustee: * President Brian Levin-Stankevich is both an officer and trustee for Westminster College. Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The following records of Westminster College are available for public inspection and copying, upon request: * Exemption Letter * Audited Financial Statements with A133 for the three fiscal years prior to the date of the request * Tax filings Form 990 and 990T for the three fiscal years prior to the date of the request To make a request to inspect and/or acquire a copy of these records, contact the Managing Director of Financial Affairs, Office of Administrative Services, at 801-832-2133. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The Compensation Committee of the Board of Trustees of Westminster College is responsible for reviewing and making recommendations to the Board of Trustees regarding the terms of contract with the President and the President's compensation, conducting an annual evaluation of the President, and overseeing compensation for the provost, vice presidents, staff who report directly to the President, and covered employees for fairness, effectiveness, and reasonableness. * In forming a recommendation regarding the President's compensation, the Committee will rely on comparability data, such as the compensation paid to Presidents and executive officers by similar institutions. This data may include compensation studies by independent organizations, written job offers for positions at similar organizations, and information obtained from the IRS Form 990 filings of similar organizations. * The Committee shall fully disclose the proposed employment contract for the President, including its recommendation for compensation and all material financial terms, to the full Board of Trustees for approval. * Concurrent with its recommendation regarding compensation, the Committee shall provide an annual report to the Board regarding its evaluation of the President's performance. * The President will present to the Committee his or her report on compensation for the provost, vice presidents, staff who report directly to the President, and any covered employee, including comparability data and performance information. * The Committee will take and keep minutes that document how it formed its recommendations and approval decisions. The minutes will include the following: a The terms of the compensation and the date it was approved; b The members of the Committee who were present during the Committee meetings and who voted on the recommendation; and c The comparability data obtained and reviewed and the source of the data. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Process of Identification: The Secretary of the Board will collect Statements of Disclosure from all trustees, officers, and key employees each year at the first Board meeting of the College's fiscal year and from all new trustees, officers, and key employees at the time of their appointment. The Audit Committee will review each Statement of Disclosure for actual or potential conflicts of interest, including, but not limited to, the following factors: * Solicitation or acceptance of gifts, gratuities, free travel, or other items of value that could create the appearance of a conflict or an expectation of special treatment in College matters; * Incidents of abuse or misuse of an individual's position for personal or third-party gain or benefit; * Use of the College's staff, services, equipment, materials, resources, or property for personal or third party gain, or representing to third parties that one's authority as a trustee, officer, volunteer, or key employee is more extensive than it is in actuality; * Situations where a trustee, officer, or key employee may be divided between personal interests or the interests of another organization and the best interests of the College; * Engagement in business, professional conduct, or other activities that may be directly or indirectly adverse to the interests of the College; and, * Any arrangements in which a trustee, officer, or key employee provides goods or services to the College as a paid vendor or outside service-provider. The Audit Committee may request additional information from any trustee, officer, or key employee at any time. While an individual's relationships or activities are under review, the individual may not deliberate, debate, or vote until a determination is made. Resolution: When the Audit Committee or the Board of Trustees identifies an actual, potential, or apparent conflict of interest, it may take one of the following actions to resolve such conflict: * Waive the conflict of interest as unlikely to affect the trustee's, officer's, volunteer's or key employee's ability to act in the best interests of the College; * Recuse the individual trustee, officer, volunteer, or key employee from deliberation or decision-making related to the specific matter giving rise to the conflict. * Request the resignation of the trustee, officer, volunteer or key employee from his or her service or position at the College because the conflict of interest is so pervasive that it is likely the trustee, officer or key employee would be unable to act solely in the best interests of the College. The Board of Trustees has final authority over the resolution of all conflicts of interest involving a trustee, officer, or key employee and may overrule any decision of the Audit Committee and the Audit Committee may refer any conflict of issue matter to the Board at any time. Form 990, Part VI, Line 11b Form 990, Part VI, Line 11b: Form 990 Review Process The Westminster College (the "College") tax return is completed by the Director of Budget, and reviewed by the Managing Director of Financial Affairs and the VP of Finance and Administration. Once completed, the documents are reviewed by the Audit Committee and submitted electronically to the full board of trustees. Once the trustees have reviewed - the return is transmitted electronically to the IRS. Form 990, Part VI, Line 1a Form 990, Part VI, Line 1a: Explanation of Delegated Broad Authority to Committee The Executive Committee of the Board of Trustees shall comprise the following Trustees: the Chair of the Board of Trustees, the Vice Chair of the Board of Trustees, the Chairs of Board Committees, the President and one or more other Trustees chosen at large. The Chair of the Board of Trustees shall be the Chair of the Executive Committee. The Executive Committee shall perform the following duties: * Represent the Board of Trustees in the intervals between Board meetings on actions which must be final and approved prior to the next meeting of the Board and on matters as delegated by the Board of Trustees to the Executive Committee, except to the extent prohibited by these Bylaws and the Utah Revised Nonprofit Corporation Act 2000, and any subsequent amendments or successor thereto; * Report all Executive Committee actions in full to the Board of Trustees at the first Board of Trustees meeting after the date of the Executive Committee's actions. All such Executive Committee actions shall be the final and official actions of the Corporation, unless the Board of Trustees is responsible for final action on the matter pursuant to the terms of these Bylaws or the Executive Committee indicates that its action is a recommendation to the Board of Trustees. Bill and Vieve Gore Endowment Fund 1840 South 1300 East Salt Lake City UT 841053617 876213067 Endowment earnings to Westminster College of Salt Lake City UT 501(c)(3) 509(a)(3)Type I N/A false false false false false false false false false false false false false false false false false false false true Bill and Vieve Gore Endowment Fund s 606642 End spend rate