2014-05-15T13:47:51-05:00 2013-06-30 990 2012-07-01 231352630 DREXEL UNIVERSITY DREX 2158952000 3201 ARCH STREET NO 420 PHILADELPHIA PA 191042875 HELEN Y BOWMAN 2158952803 2014-05-14 2012 2015-11-30 17:44:51Z JOHN A FRY 3141 CHESTNUT ST PHILADELPIA PA 19104 1014902481 0 X WWW.DREXEL.EDU X 1894 PA INTEGRATED ACADEMIC OFFERINGS ENHANCED BY TECHNOLOGY, COOPERATIVE EDUCATION AND CLINICAL PRACTICE 48 43 10740 2236 4596938 895940 137370616 127243677 690066490 755725028 13779624 46749763 10357772 8881261 851574502 938599729 198845637 215965279 0 0 369043067 381792930 156000 159750 13153659 236104383 257678181 804149087 855596140 47425415 83003589 1393733870 1456031639 724466468 714006723 669267402 742024916 X DREXEL UNIVERSITY FULFILLS OUR FOUNDER'S VISION OF PREPARING EACH NEW GENERATION OF STUDENTS FOR PRODUCTIVE PROFESSIONAL AND CIVIC LIVES WHILE ALSO FOCUSING OUR COLLECTIVE EXPERTISE ON SOLVING SOCIETY'S GREATEST PROBLEMS. DREXEL IS AN ACADEMICALLY COMPREHENSIVE AND GLOBALLY ENGAGED URBAN RESEARCH UNIVERSITY, DEDICATED TO ADVANCING KNOWLEDGE AND SOCIETY AND TO PROVIDING EVERY STUDENT WITH A VALUABLE, RIGOROUS, EXPERIENTIAL, TECHNOLOGY-INFUSED EDUCATION, ENRICHED BY THE NATION'S PREMIER CO-OPERATIVE EDUCATION PROGRAM. 0 0 653040388 201376431 748567444 INSTRUCTIONDREXEL IS A COMPREHENSIVE NATIONAL RESEARCH UNIVERSITY DEDICATED TO PROVIDING QUALITY UNDERGRADUATE, GRADUATE AND PROFESSIONAL EDUCATION FEATURING EXCELLENT ACADEMICS, STATE-OF-THE-ART TECHNOLOGY AND A FOCUS ON REAL-WORLD LEARNING AND SERVICE. THE UNIVERSITY'S MISSION SERVES TRADITIONAL, ADULT AND ONLINE STUDENTS. DREXEL OFFERS NATIONALLY ACCREDITED PROGRAMS THAT MEET THE CHANGING NEEDS OF SOCIETY, INCLUDING MORE THAN 70 BACHELOR'S DEGREE PROGRAMS AND MORE THAN 120 GRADUATE AND PROFESSIONAL DEGREE PROGRAMS ORGANIZED IN 14 COLLEGES AND SCHOOLS: COLLEGE OF ARTS AND SCIENCES; SCHOOL OF BIOMEDICAL ENGINEERING, SCIENCE AND HEALTH SYSTEMS; BENNETT S. LEBOW COLLEGE OF BUSINESS; SCHOOL OF EDUCATION; COLLEGE OF ENGINEERING; CHARLES D. CLOSE SCHOOL OF ENTREPRENEURSHIP; PENNONI HONORS COLLEGE; COLLEGE OF INFORMATION SCIENCE AND TECHNOLOGY; EARLE MACK SCHOOL OF LAW; ANTOINETTE WESTPHAL COLLEGE OF MEDIA ARTS & DESIGN; COLLEGE OF MEDICINE; COLLEGE OF NURSING AND HEALTH PROFESSIONS; RICHARD C. GOODWIN COLLEGE OF PROFESSIONAL STUDIES AND SCHOOL OF PUBLIC HEALTH. A STRATEGIC PLAN FOR 2012-2017, "TRANSFORMING THE MODERN URBAN UNIVERSITY," GUIDES DREXEL'S EFFORTS TO INVEST FURTHER IN ACADEMIC EXCELLENCE, SERVE MORE STUDENTS WHILE IMPROVING THE STUDENT EXPERIENCE AND ENHANCE THE UNIVERSITY'S GLOBAL IMPACT. THE PLAN PAYS SPECIAL ATTENTION TO ENSURING THAT DREXEL'S ACADEMIC ENTERPRISE HELPS STRENGTHEN THE NEIGHBORHOODS AROUND ITS CAMPUSES, THROUGH INITIATIVES LIKE THE NEW DORNSIFE CENTER FOR NEIGHBORHOOD PARTNERSHIPS. THE DORNSIFE CENTER IS A VENUE TO SHARE EXPERTISE AND KNOWLEDGE MUTUALLY WITH NEIGHBORS IN PHILADELPHIA'S POWELTON VILLAGE AND MANTUA NEIGHBORHOODS IN A UNIQUE MODEL OF UNIVERSITY-COMMUNITY PARTNERSHIP-THE URBAN EXTENSION CENTER.THE ACADEMY OF NATURAL SCIENCES OF DREXEL UNIVERSITY HAS HELPED EXPAND THE WAY DREXEL'S ACADEMIC ENTERPRISE SERVES SOCIETY. THE NEW BEES DEPARTMENT (BIODIVERSITY, EARTH AND ENVIRONMENTAL SCIENCE) OPENED IN SEPTEMBER 2012, FEATURING ACADEMY SCIENTISTS NOW SERVING AS DREXEL PROFESSORS. OTHER NEW ACADEMIC INITIATIVES INCLUDE A MASTER'S DEGREE PROGRAM IN MUSEUM LEADERSHIP DEVELOPED IN PARTNERSHIP WITH THE ACADEMY THAT WILL SERVE THE REGION'S CULTURAL INSTITUTIONS AND PROFESSIONALS. AND THE UNIVERSITY CONTINUES TO GROW THE DREXEL NETWORK, WHICH BRINGS A DREXEL EDUCATION TO STUDENTS IN A VARIETY OF LOCATIONS AROUND THE WORLD. IN 2012-2013, DREXEL SACRAMENTO ANNOUNCED ITS FIRST UNDERGRADUATE PROGRAM IN BUSINESS ADMINISTRATION, AND DREXEL BEGAN OFFERING GRADUATE PROGRAMS IN MONTGOMERY COUNTY COMMUNITY COLLEGE'S UNIVERSITY CENTER IN POTTSTOWN, PA.UNDERGRADUATE ENROLLMENT FOR ACADEMIC YEAR 2012-2013 = 15,841GRADUATE AND PROFESSIONAL ENROLLMENT FOR ACADEMIC YEAR 2012-2013 = 7,706 NUMBER OF DEGREES CONFERRED IN ACADEMIC YEAR 2012-2013: ASSOCIATE DEGREES = 26 BACHELOR'S DEGREES = 2,985 MASTER'S DEGREES = 2,171 DOCTORAL DEGREES = 372 CERTIFICATES AND OTHER = 291 103462374 14588848 10919693 RESEARCHDREXEL RESEARCHERS WORK ACROSS DISCIPLINES TO INCREASE THE WORLD'S STORE OF KNOWLEDGE AND TRANSLATE THAT NEW KNOWLEDGE INTO SOLUTIONS WITH TREMENDOUS POSITIVE IMPACT ON SOCIETY. THE UNIVERSITY'S RESEARCH ENTERPRISE CONTINUES TO GROW AND ATTRACT INCREASING EXTRAMURAL SUPPORT, INCLUDING SPONSORED RESEARCH FUNDING OF $111.8 MILLION IN FY2013. IN THE MOST RECENT YEAR, FIVE DREXEL FACULTY MEMBERS RECEIVED NATIONAL SCIENCE FOUNDATION CAREER AWARDS, SUPPORTING PROMISING YOUNG RESEARCHERS NATIONWIDE. THEIR RECOGNITION POINTS TO THE POTENTIAL FOR DREXEL'S RESEARCH ENTERPRISE TO CONTINUE TO GROW ITS IMPACT IN YEARS TO COME.DREXEL IS COMMITTED TO USING ITS RESEARCH AND TECHNOLOGICAL EXPERTISE TO BECOME AN EVEN MORE POWERFUL ECONOMIC ENGINE FOR GREATER PHILADELPHIA, HELPING TO CREATE NEW HIGH-TECH BUSINESSES AND JOBS. IN 2013 THE UNIVERSITY LAUNCHED DREXEL VENTURES, A NEW ENTERPRISE FACILITATING THE COMMERCIALIZATION OF DREXEL INVENTIONS IN PARTNERSHIP WITH REGIONAL AND NATIONAL ENTREPRENEURS, AND THE CHARLES D. CLOSE SCHOOL OF ENTREPRENEURSHIP, WHICH WILL INTEGRATE ENTREPRENEURSHIP AND INNOVATION SUPPORT ACROSS DREXEL'S CURRICULUM AND PROVIDE LEADERSHIP FOR THE REGION'S COMMUNITY OF NEW BUSINESS DEVELOPERS. DREXEL IS SPECIFICALLY COMMITTED TO TRANSLATIONAL RESEARCH, RIGOROUS ACADEMIC WORK THAT TANGIBLY TRANSLATES INTO INTELLECTUAL PROGRESS AND SOCIAL GOOD. WORKING WITH THE WALLACE H. COULTER FOUNDATION, WHICH HELPED DREXEL ESTABLISH A $20 MILLION TRANSLATIONAL RESEARCH ENDOWMENT IN 2011, THE UNIVERSITY HAS BECOME A MODEL FOR BEST PRACTICES IN THE FIELD, MENTORING INSTITUTIONS ACROSS THE UNITED STATES AND THE WORLD TO INCREASE THE CAPACITY FOR LIFE-SAVING AND SOCIETY-CHANGING DISCOVERY.RECENT RESEARCH HIGHLIGHTS HAVE INCLUDED ROBOTICS (WHERE A DREXEL-LED TEAM WAS CHOSEN TO PARTICIPATE IN A DARPA CHALLENGE TO IMPROVE DISASTER RESPONSE), WATERSHED PROTECTION (THROUGH A GRANT FROM THE WILLIAM PENN FOUNDATION TO SCIENTISTS IN THE ACADEMY OF NATURAL SCIENCE OF DREXEL UNIVERSITY) AND WORKPLACE SAFETY (WHERE SCHOOL OF PUBLIC HEALTH RESEARCHERS SHOWED THAT CHANGING HOSPITAL DATA COLLECTION COULD PREVENT OCCUPATIONAL HEALTH HAZARDS), TO NAME JUST A FEW.DREXEL'S RESEARCHERS CONTINUE TO BUILD THE GLOBAL PARTNERSHIPS THAT WILL BE CRITICAL TO CREATE 21ST-CENTURY SOLUTIONS TO AMERICA'S CHALLENGES. THE PAST YEAR SAW NEW RELATIONSHIPS AND COLLABORATIONS WITH INSTITUTIONS FROM CHINA TO TURKEY TO BRAZIL AND CHILE.DURING FY13, DREXEL UNIVERSITY CONDUCTED RESEARCH ON THE FOLLOWING RESEARCH GRANTS:FEDERALLY SPONSORED RESEARCH - 586 GRANTSSTATE OF PENNSYLVANIA SPONSORED RESEARCH - 50 GRANTSCITY OF PHILADELPHIA CONTRACTS - 10 GRANTSPRIVATE FOUNDATION SPONSORED RESEARCH - 142 GRANTSINDUSTRY SPONSORED RESEARCH - 63 GRANTS 756502762 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 0 1 1 1 1 1 0 0 1 1 1 1 0 1 0 0 0 1 1 0 1 1 1 1 0 0 0 1 1 0 0 0 1 X 35187 0 1 10740 1 1 1 1 CJ EI BD JA EK 0 0 0 1 1 0 0 0 0 X 48 43 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 PA X TAX OFFICE 2158951463 3201 ARCH STREET SUITE 420 PHILADELPHIA PA 19104 RENEE AMOORE 2.00 X 0 0 0 PAUL MEL BAIADA 2.00 X 0 0 0 ROBERT R BUCKLEY 2.00 X 0 0 0 RANDALL S BURKERT 2.00 X 0 0 0 BARRY C BURKHOLDER 2.00 X 0 0 0 HONORABLE IDA K CHEN 2.00 X 0 0 0 KATHLEEN P CHIMICLES 2.00 X 0 0 0 ABBIE DEAN 2.00 X 0 0 0 NICHOLAS DEBENEDICTIS 2.00 X 0 0 0 RICHARD J DEPIANO 2.00 X 0 0 0 GERIANNE TRINGALI DIPIANO 2.00 X 0 0 0 ROBERT J DRUMMOND 2.00 X 0 0 0 BRIAN FORD 2.00 X 0 0 0 SEAN J GALLAGHER 2.00 X 0 0 0 RICHARD A GREENAWALT 2.00 X X 0 0 0 RICHARD A HAYNE 2.00 X X 0 0 0 NINA HENDERSON 2.00 X 0 0 0 PATRICIA IMBESI 2.00 X 0 0 0 JOSEPH H JACOVINI ESQ 2.00 X 0 0 0 J MICHAEL LAWRIE 2.00 X 0 0 0 ROBERT J MONGELUZZI 2.00 X 0 0 0 JOHN A NYHEIM 2.00 X 0 0 0 DENIS P O'BRIEN 2.00 X 0 0 0 D HOWARD PIERCE 2.00 X 0 0 0 CHARLES P PIZZI 2.00 X 0 0 0 WILLIAM T SCHLEYER 2.00 X 0 0 0 NICHOLAS S SCHORSCH 2.00 X 0 0 0 STEPHEN A SHELLER ESQ 2.00 X 0 0 0 STANLEY W SILVERMAN 2.00 X X 0 0 0 MANUEL N STAMATAKIS 2.00 X 0 0 0 CHARLES K VALUTAS 2.00 X 0 0 0 CELESTINO R PENNONI 2.00 X 0 0 0 JOHN A FRY 40.00 X X 1058504 0 186377 RAPHAEL C LEE 2.00 X 0 0 0 SALLY J BELLET 2.00 X 0 0 0 GREGORY S BENTLEY 2.00 X 0 0 0 CARL M BUCHHOLZ 2.00 X 0 0 0 DOMENIC M DIPIERO III 2.00 X 0 0 0 CYNTHIA P HECKSCHER 2.00 X 0 0 0 ALAN C KESSLER 2.00 X 0 0 0 THOMAS R KLINE 2.00 X 0 0 0 ROBERT LEWIS 2.00 X 0 0 0 JEFFREY T MACALUSO 2.00 X 0 0 0 MICHAEL A RASHID 2.00 X 0 0 0 MICHAEL J WILLIAMS 2.00 X 0 0 0 JOEL KOPPELMAN 2.00 X 0 0 0 R JOHN CHAPEL 2.00 X 0 0 0 RICHARD ILL 2.00 X 0 0 0 MICHAEL J EXLER ESQ 40.00 X 320367 0 43406 HELEN BOWMAN 40.00 X 539548 0 38406 MARK GREENBERG 40.00 X 507047 0 43406 ELIZABETH DALE 40.00 X 408720 0 35955 JAMES TUCKER 40.00 X 417869 0 28070 JOAN MCDONALD 40.00 X 377697 0 28070 DONNA MURASKO PHD 40.00 X 384898 0 29790 BRIAN KEECH 40.00 X 264667 0 38338 LORI DOYLE 40.00 X 349925 0 43374 JOSEPH B HUGHES 40.00 X 367466 0 37392 JOHN A BIELEC PHD 40.00 X 360741 0 28593 RALPH WALKLING PHD 40.00 X 380198 0 43406 GEORGE TSETSEKOS PHD 40.00 X 389892 0 43406 DEBORAH CRAWFORD PHD 40.00 X 366163 0 31196 JAMES FLINT JR 40.00 X 444074 0 38406 ERIC J OLSON 40.00 X 218860 0 36286 7156636 0 773877 644 1 1 0 TURNER CONSTRUCTION COMPANY 1835 MARKET STREET 21ST FLOOR PHILADELPHIA PA 19103 CONSTRUCTION SERVICES 40560868 KEATING BUILDING CORPORATION THE PHOENIX SUITE 300 1600 ARCH S PHILADELPHIA PA 19103 CONSTRUCTION SERVICES 38999082 SODEXO SERVICES 9801 WASHINGTON BLVD GAITHERSBURG MD 20878 FOOD SERVICES 18953518 UNICCO SERVICES COMPANY 4002 SOLUTIONS CENTER CHICAGO IL 606774400 MECHANICAL/CUSTODIAL 6216509 ALLIED BARTON SECURITY SERVICES LLC EIGHT TOWER BRIDGE 161 WASHINGTON CONSHOHOCKEN PA 19428 SECURITY SERVICES 4065673 98 588012 16621861 78476355 31557449 13238306 127243677 TUITION AND FEES 900099 669369691 669369691 AUXILIARY ENTERPRISES 611710 72421148 72421148 OTHER PROGRAM SERVICES 611710 11840634 11840634 EDUCATIONAL ACTIVITIES 611600 2093555 2093555 755725028 47622964 47622964 1336272 1336272 130587 130587 701275 147037 554238 554238 554238 73666000 75875473 -2209473 -2209473 -2209473 117631 588012 280242 -162611 -162611 MISCELLANEOUS REVENUE 900099 5132380 3354169 1778211 APPLICATION SVC PROG 541519 3252762 3252762 STUDENT FEES & FINES 900099 407940 407940 -434035 -434035 8359047 938599729 759487137 4596938 47271977 13905231 13905231 167905130 167905130 34154918 34154918 5743726 1788262 3019064 936400 301856001 252247470 42129920 7478611 17944729 14966576 2525365 452788 36425949 30099797 5336786 989366 19822525 16370810 2909468 542247 151763 151763 2539674 334791 2204883 731118 731118 487696 487696 159750 159750 567032 567032 35997785 29317881 6043586 636318 4107813 3852918 252056 2839 28320674 22594251 5251760 474663 15044542 12029691 2868960 145891 1205567 1177374 28193 41678762 38743733 2928004 7025 10329678 9202516 871251 255911 6335287 5332120 883007 120160 18265000 18265000 35896407 35896407 29193204 27187631 2005573 2912774 2487943 374912 49919 BAD DEBT EXPENSE 6848836 6848836 MISCELLANEOUS 5738882 2413309 2904743 420830 RECRUITING 3169580 2956298 197969 15313 PROFESSIONAL MEMBERSHIP 1585800 1124595 408623 52582 6570307 4811578 1345683 413046 855596140 756502762 85939719 13153659 26696 28125 57786730 46998063 129807657 115912882 51513322 54989437 90000 72000 9631539 10591079 998138785 276036160 628895757 722102625 431811633 398164021 62658000 78605000 19782448 24991722 1730088 3576685 1393733870 1456031639 141014660 143896213 76122956 74762171 439596679 434484775 6140938 197573 61591235 60665991 724466468 714006723 X 379252579 437231934 174139525 187035581 115875298 117757401 669267402 742024916 1393733870 1456031639 X 83003589 -10513373 267298 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 1 103153 0 0 1 384543 0 0 487696 0 EXPLANATION OF LOBBYING ACTIVITIES: PART II-B, LINE 1: LINE A - VOLUNTEERS: DREXEL UNIVERSITY HAS USED VOLUNTEERS TO HELP GET OUR MESSAGE TO ELECTED OFFICIALS. STUDENT VOLUNTEERS PARTICIPATE IN ACTIVITIES SUCH AS STUDENT LOBBYING DAY, SPONSORED BY THE ASSOCIATION FOR INDEPENDENT COLLEGES AND UNIVERSITIES, DURING WHICH STUDENTS TRAVEL TO HARRISBURG TO MEET THEIR ELECTED OFFICIALS. THIS PROGRAM IS DONE IN CONJUNCTION WITH THE STUDENT GOVERNMENT ASSOCIATION. LINE D - MAILINGS TO MEMBERS, LEGISLATORS OR THE PUBLIC: IN CASES WHERE LEGISLATION MAY OR WILL AFFECT THE UNIVERSITY, ITS SUBSIDIARIES OR HIGHER EDUCATION IN GENERAL, WE MAKE CONTACT WITH LEGISLATORS THROUGH MAILINGS. THESE ARE PERSONALIZED MAILINGS RATHER THAN DIRECT MAIL CAMPAIGNS. LINE G - DIRECT CONTACT WITH LEGISLATORS, THEIR STAFFS, GOVERNMENT OFFICIALS, OR A LEGISLATIVE BODY: WE HAVE DIRECT CONTACT WITH OUR LEGISLATORS, THEIR STAFFS, AND VARIOUS GOVERNMENT OFFICIALS THROUGHOUT THE YEAR VIA PHONE CALLS, WRITTEN CORRESPONDENCE, AND MEETINGS. THE FREQUENCY OF CONTACT DEPENDS ON THE ISSUES AT HAND. 9011494 X X X 0 364097000 13767000 28541000 4427242 11739758 390238000 382586000 4517000 1307000 4420686 19892314 364097000 305402000 35214000 58733000 4275410 12487590 382586000 290578000 5991000 26089000 4623190 12632810 305402000 379632000 6557000 -77701000 4840385 13069615 290578000 0.47500 0.29250 0.23250 0 0 54726161 54726161 798043575 190290148 607753427 12011251 7101610 4909641 90002487 53028839 36973648 43355311 25615563 17739748 722102625 ALTERNATIVE INVESTMENTS 44445000 F REAL ESTATE & REAL ASSETS 34160000 F 78605000 DEPOSITS 19832218 GOVERNMENT ADVANCES FOR STUDENT LOANS 13636931 DUE TO AFFILIATES 24267284 CAPITAL LEASE, ARMORY 2929558 60665991 X PART III, LINE 4: THE DREXEL COLLECTION, FOUNDED BY A.J. DREXEL IN 1892, CONSISTS OF 6,000 OBJECTS. THE FOCUS OF THE COLLECTION IS PRIMARILY 19TH CENTURY EUROPEAN ART INCLUDING PAINTINGS, SCULPTURE, PRINTS AND DRAWINGS, PORCELAIN, SILVER AND FURNITURE. THE DREXEL COLLECTION IS DISPLAYED IN THREE GALLERIES - THE ANTHONY J. DREXEL PICTURE GALLERY, THE RINCLIFFE GALLERY AND THE GALLERY IN THE PAUL PECK ALUMNI CENTER. THE GALLERIES ARE OPEN TO THE STUDENTS, FACULTY, STAFF AND THE PUBLIC. OBJECTS FROM THE PERMANENT COLLECTION ARE DISPLAYED IN THE ANTHONY J. DREXEL PICTURE GALLERY WHICH IS VISITED BY POTENTIAL STUDENTS AND THEIR FAMILIES - APPROXIMATELY 75 VISITORS DAILY. IN ADDITION, THE GALLERY IS OPEN TO THE PUBLIC DAILY FROM 3:30 - 5:30. THE RINCLIFFE GALLERY DISPLAYS OBJECTS FROM OUR DECORATIVE ARTS COLLECTION. THERE IS A NEW EXHIBITION EVERY TWO MONTHS. THE GALLERY IS OPEN FROM 8:00 AM - 8:00 PM. THE GALLERY IN THE PAUL PECK ALUMNI CENTER IS VISITED BY DREXEL FACULTY AND STAFF FOR MEETINGS AND RECEPTIONS. THERE IS NO CHARGE TO VISIT THE ART COLLECTION IN ANY OF THE GALLERIES. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: DREXEL UNIVERSITY HAD AN ENDOWMENT SPENDING RULE THAT LIMITED THE SPENDING OF ENDOWMENT RESOURCES TO 4.75% OF THE AVERAGE MARKET VALUE OF THE POOLED ENDOWMENT PORTFOLIO FOR THE PRIOR SEVEN FISCAL YEARS. TO THE EXTENT THAT CURRENT YIELD IS INADEQUATE TO MEET THE SPENDING RULE, A PORTION OF CUMULATIVE REALIZED NET GAINS IS AVAILABLE FOR CURRENT USE. ENDOWMENT RESOURCES ARE USED TO FUND SCHOLARSHIPS, ACADEMIC PROGRAMS AND PROFESSORSHIPS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE UNIVERSITY HAS BEEN GRANTED TAX-EXEMPT STATUS AS A NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, FILES FEDERAL TAX FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ANNUALLY. NO PROVISION FOR INCOME TAXES IS REQUIRED IN THE UNIVERSITY FINANCIAL STATEMENTS. THE UNIVERSITY FILES U.S. FEDERAL, STATE AND LOCAL INFORMATION RETURNS AND NO RETURNS ARE CURENTLY UNDER EXAMINATION. THE STATUTE OF LIMITATIONS ON THE UNIVERSITY'S U.S. FEDERAL INFORMATION RETURNS REMAINS OPEN FOR THREE YEARS FOLLOWING THE YEAR THEY ARE FILED. THE UNIVERSITY AND ITS AFFILIATES DO FROM TIME TO TIME INCUR INCIDENTAL ACTIVITIES THAT ARE SUBJECT TO UNRELATED BUSINESS INCOME FOR WHICH A 990T OR OTHER INCOME TAX RETURN IS FILED, AS APPROPRIATE. THIS PRIMARILY INCLUDES INCOME FROM INVESTMENTS HELD IN THE ENDOWMENT FUND FOR WHICH THE INVESTMENT MANAGER HAS REPORTED UNRELATED BUSINESS INCOME ON A SECHEDULE K-1 ALONG WITH INCOME FROM CERTAIN CONSULTING AND CONFERENCE SERVICES. THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ISSUED ACCOUNTING STANDARDS CODIFICATION ("ASC") 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE LIKELY THAN NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE UNIVERSITY DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. 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 DREXEL UNIVERSITY INCLUDES ITS RACIALLY NONDISCRIMINATORY POLICY IN NEWSPAPER AND MAGAZINE ADVERTISING DURING REGISTRATION PERIODS AND IN STUDENT BROCHURES. EXPLANATION OF RACIAL DISCRIMINATION SCHEDULE E, PART I, LINE 5 DREXEL UNIVERSITY WAS FOUNDED UPON THE PRINCIPLE OF DIVERSITY AS AN EDUCATIONAL GOAL AND REMAINS COMMITTED TO THAT PRINCIPLE TODAY. IN 1892, NOTED FINANCIER, PHILANTHROPIST, AND ADVISOR TO U.S. PRESIDENTS, ANTHONY J. DREXEL CREATED THE DREXEL INSTITUTE OF ART, SCIENCE AND INDUSTRY TO PROVIDE HIGHER EDUCATION TO MEN AND WOMEN OF THE WORKING CLASS WHO WERE NOT WELCOME IN THE COLLEGES AND UNIVERSITIES OF THAT DAY. A.J.DREXEL ENVISIONED A LEARNING ENVIRONMENT IN WHICH YOUNG MEN AND WOMEN WOULD LEARN SKILLS AND ACQUIRE KNOWLEDGE IN SUBJECTS THAT WOULD PREPARE THEM FOR REWARDING CAREERS. DREXEL'S CO-OPERATIVE EDUCATION PROGRAM ENCOURAGES STUDENTS TO LEARN HOW TO WORK TOGETHER BY PLACING THEM IN REAL BUSINESS SETTINGS THAT ARE INCREASINGLY DIVERSE. WE HAVE EMBRACED DIVERSITY BECAUSE WE KNOW THERE IS NO OTHER WAY TO ENSURE OUR STUDENTS ARE PREPARED FOR A DIVERSE WORLD. WE WILL CONTINUE TO HONOR OUR FOUNDERS' VISIONS, CREATING A DIVERSE STUDENT COMMUNITY AS AN ESSENTIAL PART OF OUR MISSION. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 DREXEL UNIVERSITY RECEIVES FUNDS FROM VARIOUS FEDERAL AND STATE GOVERNMENTAL AGENCIES UNDER THEIR RESPECTIVE STUDENT FINANCIAL AID ASSISTANCE PROGRAMS. FEDERAL PROGRAMS INCLUDE THE PELL GRANT PROGRAM, SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT (SEOG) PROGRAM, COLLEGE WORK STUDY (CWS) PROGRAM AND PERKINS LOAN PROGRAM. THE STATE PROGRAM IS THE PENNSYLVANIA HIGHER EDUCATION ASSISTANCE PROGRAM FOR STUDENTS. IN ADDITION, THE UNIVERSITY IS AWARDED SPONSORED RESEARCH AND OTHER GRANTS BY VARIOUS FEDERAL AGENCIES, INCLUDING NSF AND HHS. 1 EUROPE 0 0 PROGRAM SERVICES ATHLETICS 16647 NORTH AMERICA 0 0 PROGRAM SERVICES ATHLETICS 1231 EUROPE 0 0 BUSINESS 2171 NORTH AMERICA 0 0 BUSINESS 1106 CENTRAL AMERICA 0 0 BUSINESS 7941 EUROPE 0 0 FUNDRAISING 30415 EAST ASIA AND THE PACIFIC 0 0 FUNDRAISING 1296 NORTH AMERICA 0 0 FUNDRAISING 46 SOUTH ASIA 0 0 PROGRAM SERVICES CONFERENCES/TRAVEL 2389 EUROPE 0 0 PROGRAM SERVICES CONFERENCES/TRAVEL 334025 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES CONFERENCES/TRAVEL 197571 SOUTH AMERICA 0 0 PROGRAM SERVICES CONFERENCES/TRAVEL 12701 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES CONFERENCES/TRAVEL 8325 CENTRAL AMERICA 0 0 PROGRAM SERVICES CONFERENCES/TRAVEL 4935 RUSSIA 0 0 PROGRAM SERVICES CONFERENCES/TRAVEL 3195 MIDDLE EAST & NORTH AFRICA 0 0 PROGRAM SERVICES CONFERENCES/TRAVEL 10341 SOUTH ASIA 0 0 PROGRAM SERVICES RECRUITING 17262 EUROPE 0 0 PROGRAM SERVICES RECRUITING 41305 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES RECRUITING 25250 SOUTH AMERICA 0 0 PROGRAM SERVICES RECRUITING 13296 NORTH AMERICA 0 0 PROGRAM SERVICES RECRUITING 3444 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES RECRUITING 1344 CENTRAL AMERICA 0 0 PROGRAM SERVICES RECRUITING 448 MIDDLE EAST & NORTH AFRICA 0 0 PROGRAM SERVICES RECRUITING 3346 SOUTH ASIA 0 0 PROGRAM SERVICES RESEARCH 100973 EUROPE 0 0 PROGRAM SERVICES RESEARCH 439116 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES RESEARCH 196396 SOUTH AMERICA 0 0 PROGRAM SERVICES RESEARCH 11411 NORTH AMERICA 0 0 PROGRAM SERVICES RESEARCH 200952 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES RESEARCH 267830 CENTRAL AMERICA 0 0 PROGRAM SERVICES RESEARCH 13541 MIDDLE EAST & NORTH AFRICA 0 0 PROGRAM SERVICES RESEARCH 1925 EUROPE 0 0 PROGRAM SERVICES STUDY ABROAD 429306 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDY ABROAD 9046 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES ATHLETICS 1806 SUB-SAHARAN AFRICA 0 0 FUNDRAISING 46 CENTRAL AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD 133595 NORTH AMERICA 0 0 PROGRAM SERVICES CONFERENCES/TRAVEL 133807 SOUTH AMERICA 0 0 PROGRAM SERVICES ATHLETICS 3083 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES ATHLETICS 2746 MIDDLE EAST & NORTH AFRICA 0 0 PROGRAM SERVICES ATHLETICS 1567 SOUTH ASIA 0 0 FUNDRAISING 113 RUSSIA 0 0 PROGRAM SERVICES RECRUITING 3083 RUSSIA 0 0 PROGRAM SERVICES RESEARCH 865 SOUTH AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD 225 0 0 0 0 0 0 60853 2630609 2691462 EUROPE RESEARCH 123812 WIRE EUROPE RESEARCH 25000 WIRE EAST ASIA AND THE PACIFIC RESEARCH 100000 WIRE EUROPE RESEARCH 15156 WIRE CENTRAL AMERICA AND THE CARIBBEAN RESEARCH 5211 WIRE SOUTH ASIA RESEARCH 100764 WIRE EUROPE RESEARCH 87500 WIRE EAST ASIA AND THE PACIFIC RESEARCH 73887 WIRE NORTH AMERICA - CANADA AND MEXICO RESEARCH 142436 WIRE 6 3 SCHOLARSHIPS CENTRAL AMERICA AND THE CARIBBEAN 47 664483 CREDIT TO STUDENT ACCOUNTS SCHOLARSHIPS EAST ASIA AND THE PACIFIC 1308 16300996 CREDIT TO STUDENT ACCOUNTS SCHOLARSHIPS EUROPE 237 4762109 CREDIT TO STUDENT ACCOUNTS SCHOLARSHIPS MIDDLE EAST AND NORTH AFRICA 104 1115644 CREDIT TO STUDENT ACCOUNTS SCHOLARSHIPS NORTH AMERICA 49 1133392 CREDIT TO STUDENT ACCOUNTS SCHOLARSHIPS RUSSIA AND NEWLY INDEPENDENT STATES 49 677382 CREDIT TO STUDENT ACCOUNTS SCHOLARSHIPS SOUTH AMERICA 62 684965 CREDIT TO STUDENT ACCOUNTS SCHOLARSHIPS SOUTH ASIA 494 6057488 CREDIT TO STUDENT ACCOUNTS SCHOLARSHIPS SUB-SAHARAN AFRICA 151 2074694 CREDIT TO STUDENT ACCOUNTS STUDY ABROAD EUROPE 1 10000 WIRED 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: THE PRINCIPAL INVESTIGATOR HAVING RESPONSIBILITY FOR THE GRANT MONITORS SUBCONTRACTOR PERFORMANCE BASED ON THE PROGRAM'S TASKS AND GOALS. THE PRINCIPAL INVESTIGATOR REVIEWS THE PERFORMANCE BEFORE AUTHORIZING THE SUBCONTRACTOR'S INVOICE FOR PAYMENT. X X X X X X 1 STOCKADE CONSULTING GROUP INC 650 FRANKLIN STREET SCHENECTADY NY 12305 TELEMARKETING 0 242000 159750 82250 242000 159750 82250 AL AK AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT MT NE NV NH NJ NM NY NC ND OH OK PA RI SC SD TN TX UT VT VA WA WV WI WI WY 11TH STREET FAMILY HEALTH SERVICES 210022 210022 25630 BUSINESS LEADER OF THE YEAR 209750 182450 27300 53148 23695 26560 3 285871 195540 90331 2700 11075 88322 11308 37804 705643 588012 117631 2700 11075 141470 35003 89994 280242 -162611 1 BAYLOR COLLEGE OF MEDICINE ONE BAYLOR PLAZA HOUSTON TX 770303411 741613878 501(C)(3) 27564 RESEARCH BLOOMSBURG UNIVERSITY 400 EAST SECOND STREET BLOOMSBURG PA 18660 232738930 501(C)(3) 26220 RESEARCH BRANDEIS UNIVERSITY 415 SOUTH STREET WALTHAM MA 024549110 042103552 501(C)(3) 20530 RESEARCH BRYN MAWR COLLEGE 101 NORTH MERION AVENUE BRYN MAWR PA 191012899 231352621 501(C)(3) 64063 RESEARCH CARNEGIE MELLON UNIVERSITY 5000 FORBES AVENUE PITTSBURGH PA 15213 250969449 501(C)(3) 115398 RESEARCH CASE WESTERN RESERVE UNIVERSITY 10900 EUCLID AVENUE CLEVELAND OH 441067006 341018992 501(C)(3) 204969 RESEARCH CHARLESTON COUNTY SCHOOL DISTRICT 3999 BRIDGE VIEW DRIVE NORTH CHARLESTON SC 29405 576000322 COUNTY OF CHARLESTON 20336 RESEARCH CHEYNEY UNIVERSITY 1837 UNIVERSITY CIRCLE CHEYNEY PA 19319 232478688 501(C)(3) 93950 RESEARCH CHILDRENS HOSPITAL OF PHILADELPHIA 34TH STREET CIVIC CENTER BLVD PHILADELPHIA PA 19104 231352166 501(C)(3) 178469 RESEARCH COALITION OF NATIONAL CANCER COOPERATIVE 1818 MARKET STREET SUITE 1100 PHILADELPHIA PA 19103 232935628 501(C)(3) 467930 RESEARCH COLUMBIA UNIVERSITY 615 WEST 131ST STREET 3RD FLOOR NEW YORK NY 10027 135598093 501(C)(3) 119273 RESEARCH COMMUNITY COLLEGE OF PHILADELPHIA 1700 SPRING GARDEN STREET PHILADELPHIA PA 19130 232612698 501(C)(3) 248083 RESEARCH DANA-FARBER CANCER INSTITUTE 44 BINNEY STREET BP414 BOSTON MA 02115 042263040 501(C)(3) 146521 RESEARCH DELAWARE STATE UNIVERSITY 1200 N DUPONT HIGHWAY DOVER DE 19901 510305893 501(C)(3) 11189 RESEARCH GEORGIA TECH RESEARCH CORP 711 MARIETTA STREET ATLANTA GA 30318 586002023 STATE OF GEORGIA 342286 RESEARCH JOHNS HOPKINS UNIVERSITY 8013 CORPORATE DRIVE SUITE D BALTIMORE MD 21236 520595110 501(C)(3) 988543 RESEARCH KAISER FOUNDATION RESEARCH 1800 HARRISON STREET 16TH FLOOR OAKLAND CA 94612 941105628 501(C)(3) 465259 RESEARCH MASSACHUSETTS INSTITUTE OF TECHNOLOGY 77 MASSACHUSETTS AVENUE CAMBRIDGE MA 02139 042103594 501(C)(3) 200002 RESEARCH MICHIGAN STATE UNIVERSITY 360 ADMINISTRATION BUILDING EAST LANSING MI 488241046 386005984 501(C)(3) 70118 RESEARCH MOBILE COUNTY PUBLIC SCHOOL 1 MAGNUM PASS MOBILE AL 36618 636000774 501(C)(3) 15646 RESEARCH NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 MASSACHUSETTS AVENUE CAMBRIDGE MA 02138 131641075 501(C)(3) 19435 RESEARCH NATIONAL JEWISH MEDICAL & RESEARCH 1400 JACKSON STREET DENVER CO 80206 742044647 501(C)(3) 6386 RESEARCH NEW JERSEY INSTITUTE OF TECHNOLOGY 2000 PENNINGTON ROAD EWING NJ 086280718 222797398 501(C)(3) 206935 RESEARCH PHILADELPHIA HEALTH MANAGEMENT CORP 260 SOUTH BROAD STREET 18TH FLOOR PHILADELPHIA PA 191025085 237221025 501(C)(3) 79333 RESEARCH PUBLIC HEALTH INSTITUTE 555 12TH STREET 10TH FLOOR OAKLAND CA 946074046 941646278 501(C)(3) 22725 RESEARCH REGENTS OF UNIVERSITY OF CALIFORNIA ONE SHIELDS AVENUE DAVIS CA 95616 946036494 501(C)(3) 364931 RESEARCH ROTHMAN INSTITUTE PO BOX 757910 PHILADELPHIA PA 191757910 232856880 501(C)(3) 50000 RESEARCH SAVANNAH RIVER NUCLEAR SOLUTIONS LLC PO BOX 6809 AIKEN SC 29808 260240191 26676 RESEARCH ST LUKE'S-ROOSEVELT HOSPITAL CENTER 1111 AMSTERDAM AVENUE NEW YORK NY 10025 132997301 501(C)(3) 15911 RESEARCH SWARTHMORE COLLEGE 500 COLLEGE AVENUE SWARTHMORE PA 19081 231352683 501(C)(3) 67118 RESEARCH TEMPLE UNIVERSITY 1805 N BROAD STREET PHILADELPHIA PA 19122 231365971 501(C)(3) 250142 RESEARCH NATIONAL FOUNDATION FOR THE CENTERS FOR DISEASE CONTROL AND PREVENTION INC 55 PARK PLACE NO 400 ATLANTA GA 30303 582106707 501(C)(3) 66691 RESEARCH THOMAS JEFFERSON UNIVERSITY 1020 WALNUT STREET PHILADELPHIA PA 19107 231352651 501(C)(3) 50046 RESEARCH TRUSTEES OF UNIVERSITY OF PENNSYLVANIA 3451 WALNUT STREET PHILADELPHIA PA 19104 231352685 501(C)(3) 1273933 RESEARCH REGENERATIVE RESEARCH FOUNDATION ONE DISCOVERY DRIVE RENSSELAER NY 12144 203654626 501(C)(3) 129035 RESEARCH UNIVERSITY OF MICHIGAN 500 S STATE STREET ANN ARBOR MI 48109 386006309 501(C)(3) 94077 RESEARCH UNIVERSITY OF CHICAGO 5801 S ELLIS AVENUE CHICAGO IL 60637 362177139 501(C)(3) 99788 RESEARCH UNIVERSITY OF DELAWARE 222 SOUTH CHAPEL STREET NEWARK DE 19716 516000297 501(C)(3) 587709 RESEARCH UNIVERSITY OF ILLINOIS 506 S WRIGHT 209 HAB MC339 URBANA IL 61801 376000511 501(C)(3) 343115 RESEARCH UNIVERSITY OF MARYLAND 220 ARCH STREET 13TH FLOOR ROOM 02-128 BALTIMORE MD 21201 526002033 501(C)(3) 74172 RESEARCH UNIVERSITY OF MEDICINE AND DENTISTRY PO BOX 3009 NEWARK NJ 071030009 221775306 501(C)(3) 10916 RESEARCH UNIVERSITY OF PITTSBURGH 116 ATWOOD STREET SUITE 201 PITTSBURGH PA 15260 250965591 501(C)(3) 58107 RESEARCH UNIVERSITY OF TENNESSEE 301 ANDY HOLT TOWER KNOXVILLE TN 379960100 626001636 501(C)(3) 104419 RESEARCH UNIVERSITY OF TEXAS HEALTH CENTER AT TYLER 11937 US HIGHWAY 271 TYLER TX 757083154 756001354 501(C)(3) 49304 RESEARCH UNIVERSITY OF WASHINGTON 3903 BROOKLYN AVENUE NE SEATTLE WA 981056694 916001537 501(C)(3) 40614 RESEARCH WEST TEXAS A & M UNIVERSITY WT BOX 60999 CANYON TX 79016 756031405 501(C)(3) 42596 RESEARCH RUTGERS UNIVERSITY 120 ALBANY STREET NEW BRUNSWICK NJ 08901 237318742 501(C)(3) 31580 RESEARCH GREATER PHILADELPHIA URBAN AFFAIRS COALITION 1207 CHESTNUT STREET 7TH FLOOR PHILADELPHIA PA 19107 237046393 501(C)(3) 82026 RESEARCH COLBY COLLEGE 4120 MAYFLOWER HILL WATERVILLE ME 04901 010211497 501(C)(3) 30616 RESEARCH WPVI 4100 CITY LINE AVENUE PHILADELPHIA PA 19131 236444850 501(C)(3) 63000 RESEARCH TT GOVERNMENT SOLUTIONS INC DBA APPLIED COMMUNICATION SCIENCES 150 MOUNT AIRY ROAD BASKING RIDGE NJ 07920 452826612 453074 RESEARCH SCIENTIFIC RESEARCH CORP 2300 WINDY RIDGE PARKWAY SUITE 400 SOUTH ATLANTA GA 30339 760255801 916553 RESEARCH RESEARCH FOUNDATION FOR MENTAL HYGIENE INC 150 BROADWAY NO 301 MENANDS NY 12204 141410842 501(C)(3) 27970 RESEARCH RESEARCH FOUNDATION OF CUNY 230 WEST 41ST STREET NEW YORK NY 10036 131988190 501(C)(3) 101849 RESEARCH NEUROPSYCHIATRIC RESEARCH INSTITUTE 700 FIRST AVENUE SOUTH FARGO ND 58103 450274828 501(C)(3) 8621 RESEARCH SPECIALTY SYSTEMS 1451 ROUTE 37 WEST TOMS RIVER NJ 08755 222247050 10979 RESEARCH NEW MEXICO STATE UNIVERSITY PO BOX 3590 LAS CRUCES NM 88003 850170157 501(C)(3) 148492 RESEARCH UNIVERSITY OF TEXAS HEALTH SCIENCE CENTER HOUSTON 7000 FANNIN SUITE 1200 HOUSTON TX 77030 741761309 116380 RESEARCH UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER 1515 HOLCOMBE BLVD HOUSTON TX 77030 746001118 30466 RESEARCH NEW YORK UNIVERSITY 105 E 17TH STREET - 4TH FLOOR NEW YORK NY 10003 135562308 501(C)(3) 133179 RESEARCH NORTHWESTERN UNIVERSITY 633 CLARK STREET EVANSTON IL 60208 362167817 501(C)(3) 41228 RESEARCH INOVIO PHARMACEUTICALS 1787 SENTRY PKY BLDG 18 SUITE 400 BLUE BELL PA 19422 330969592 130089 RESEARCH RICE UNIVERSITY 6100 MAIN STREET HOUSTON TX 77005 741109620 501(C)(3) 117694 RESEARCH BATTELLE MEMORIAL INSTITUTE 505 KING AVENUE COLUMBUS OH 43201 314379427 501(C)(3) 71739 RESEARCH PATHWAYS PROGRAM 310 ALMOSLAND ROAD HOLMES PA 19043 232001837 501(C)(3) 9915 RESEARCH PENNSYLVANIA STATE UNIVERSITY 408 OLD MAIN UNIVERSITY PARK PA 16802 246000376 115 8826 RESEARCH ARTSTOR INC 151 EAST 61ST STREET NEW YORK NY 10065 300152767 501(C)(3) 11125 RESEARCH CLEVELAND CLINIC 9500 EUCLID AVENUE NO JJ19 CLEVELAND OH 44195 340714585 501(C)(3) 15376 RESEARCH EDESIGN DYNAMICS 338 WEST 39TH STREET 10TH FLOOR NEW YORK NY 10018 450511045 135812 RESEARCH FRONTIER SCIENCE & TECH RESEARCH FOUNDATION 900 COMMONWEALTH AVENUE BOSTON MA 02215 161056814 501(C)(3) 616825 RESEARCH HOWARD UNIVERSITY 2400 6TH STREET NW WASHINGTON DC 20059 530204707 501(C)(3) 52557 RESEARCH INSTITUTE FOR HEPATITIS AND VIRUS RESEARCH 3805 OLD EASTON ROAD DOYLESTOWN PA 18902 061671347 501(C)(3) 254849 RESEARCH KENNEDY KRIEGER INSTITUTE INC 707 N BROADWAY BALTIMORE MD 21205 521524965 501(C)(3) 74999 RESEARCH KLING STUBBINS INC 2301 CHESTNUT STREET PHILADELPHIA PA 19103 231711665 34241 RESEARCH LANCASTER GENERAL HOSPITAL 555 NORTH DUKE STREET LANCASTER PA 17604 231365353 501(C)(3) 5696 RESEARCH MEDICAL DIAGNOSTICS LAB 2439 KUSER ROAD HAMILTON NJ 08690 223510467 39820 RESEARCH OHIO STATE UNIVERSITY 1960 KENNY ROAD COLUMBUS OH 43210 316025986 98413 RESEARCH PA CHAPTER OF THE AMERICAN ACADEMY OF PEDIATRICS 1400 N PROVIDENCE ROAD MEDIA PA 19063 237135840 501(C)(3) 74437 RESEARCH PHILADELPHIA HOUSING AUTHORITY 12 SOUTH 23RD STREET PHILADELPHIA PA 19103 236003266 79146 RESEARCH PRESIDENT AND FELLOWS OF HARVARD CO 1033 MASSACHUSETTS AVENUE THRID FLOOR CAMBRIDGE MA 02138 042103580 501(C)(3) 118035 RESEARCH PROSERVICES CORP 700 SOUTH CLINTON AVENUE TRENTON NJ 08611 223845815 8000 RESEARCH PURDUE UNIVERSITY 401 S GRANT STREET WEST LAFAYETTE IN 47907 356002041 501(C)(3) 94494 RESEARCH RENSSELAER POLYTECHNIC INST 110 EIGHTH STREET TROY NY 12180 141340095 501(C)(3) 48756 RESEARCH RESEARCH FOUNDATION OF SUNY PO BOX 9 ALBANY NY 12201 141368361 501(C)(3) 49231 RESEARCH SINAI HOSPITAL OF BALTIMORE INC 2401 WEST BELVEDERE AVENUE BALTIMORE MD 21215 520486540 501(C)(3) 25000 RESEARCH SWEET BRIAR COLLEGE PO BOX 1051 SWEET BRIAR VA 24595 540534105 501(C)(3) 14500 RESEARCH TENNESSEE ORTHOPAEDIC FOUNDATION PO BOX 30974 KNOXVILLE TN 37930 264245045 501(C)(3) 12750 RESEARCH TEXAS ENGINEERING EXPERIMENT STATION 301 TARROW STREET COLLEGE STATION TX 77840 742648747 9112 RESEARCH UNIVERSITY OF GEORGIA 210 S JACKSON STREET ATHENS GA 30602 586001998 5066 RESEARCH UNIVERSITY OF SOUTHERN CALIFORNIA UNIVERSITY GARDENS LOS ANGELES CA 90089 951642394 501(C)(3) 51040 RESEARCH VILLANOVA UNIVERSITY 800 LANCASTER AVENUE VILLANOVA PA 19085 231352688 501(C)(3) 13868 RESEARCH VIRGINIA POLYTECH INSTITUTE 201 SOUTHGATE CENTER BLACKSBURG VA 24061 546001805 156642 RESEARCH ZIMMERMAN CONSULTING GROUP LLC 1000 S 4TH STREET LEAVENWORTH KS 66048 680598084 22282 RESEARCH UNIVERSITY OF TEXAS HEALTH SCIENCE CENTER SAN ANTONIO 201 W 7TH STREET AUSTIN TX 78701 741586031 6673 RESEARCH MONTGOMERY COUNTY COMMUNITY ACTION DEVELOPMENT COMMISSION 113 E MAIN STREET NORRISTOWN PA 19401 231689892 501(C)(3) 20813 RESEARCH MURRAY STATE UNIVERSITY 200 SPARKS HALL MURRAY KY 42071 611005783 501(C)(3) 13273 RESEARCH AERODYN RESEARCH INC 45 MANNING ROAD BILLERICA MA 01821 042471226 159863 RESEARCH AMERICAN WATER WORKS COMPANY INC 1025 LAUREL OAK ROAD VOORHEES NJ 08043 043207700 33000 RESEARCH BALL STATE UNIVERSITY 2000 W UNIVERSITY AVENUE MUNCIE IN 47306 356000221 501(C)(3) 58774 RESEARCH BATON ROUGE ORTHOPAEDIC CLINIC LLC 8080 BLUEBONNET BLVD BATON ROUGE LA 70810 721460193 20000 RESEARCH CHARLES LOOMIS CHARISS MCAFEE ARCHITECTS 1906 RITTENHOUSE SQ PHILADELPHIA PA 19103 233025211 16067 RESEARCH CITYLIGHTS NETWORK 6330 PASCHALL AVENUE PHILADELPHIA PA 19142 270182908 501(C)(3) 7337 RESEARCH UNIVERSITY OF KENTUCKY RESEARCH FOUNDATION 301 PETERSON SERVICE BUILDING LEXINGTON KY 40506 616033693 501(C)(3) 37761 RESEARCHRESEARCH UNIVERSITY OF CONNECTICUT 2390 ALUMNI DRIVE STORRS CT 06269 066070722 501(C)(3) 92088 RESEARCH EMORY UNIVERSITY 1599 CLIFTON ROAD 3RD FLOOR ATLANTA GA 30322 580566256 501(C)(3) 106167 RESEARCH THE GEORGE WASHINGTON UNIVERSITY 45155 RESEARCH PLACE ASHBURN VA 20147 530196584 501(C)(3) 15783 RESEARCH GREATER PHILADELPHIA COALITION AGAINST HUNGER 1725 FAIRMOUNT AVENUE NO 1023 PHILADELPHIA PA 19130 262727680 501(C)(3) 5198 RESEARCH HARTZBAND CENTER FOR HIP & KNEE REPLACEMENT LLC 10 FOREST AVENUE PARAMUS NJ 07652 161635466 50000 RESEARCH INDIANA UNIVERSITY PO BOX 500 BLOOMINGTON IN 47402 356018940 501(C)(3) 25208 RESEARCH INDIANAPOLIS MUSEUM OF ART 4000 MICHIGAN ROAD INDIANAPOLIS IN 46208 350867955 501(C)(3) 8624 RESEARCH IOWA UNIVERSITY 2505 UNIVESITY BOULEVARD PO BOX 2230 AMES IA 50010 421143702 501(C)(3) 48364 RESEARCH J COMPUTING INC 276 W SCHWAB AVE HOMESTEAD PA 15120 800599027 264927 RESEARCH JACKSON LABORATORY 600 MAIN STREET BAR HARBOR ME 04609 010211513 501(C)(3) 50000 RESEARCH JEWISH HOSPITAL & ST MARY'S HEALTHCARE 539 S 4TH STREET LOUISVILLE KY 40202 611029768 501(C)(3) 18000 RESEARCH MADISON AREA TECHNICAL COLLEGE 1701 WRIGHT STREET MADISON WI 53704 237265867 501(C)(3) 8753 RESEARCH MIRIAM HOSPITAL 164 SUMMIT AVENUE PROVIDENCE RI 02906 050258905 501(C)(3) 22335 RESEARCH DARTMOUTH COLLEGE 7 LEBANON STREET SUITE 302 NO 6015 HANOVER NH 03755 020222111 501(C)(3) 119682 RESEARCH UNIVERSITY OF LOUISIANA LAFAYETTE POST OFFICE DRAWER 44290 ULL LAFAYETTE LA 70504 726023836 501(C)(3) 5000 RESEARCHRESEARCH COUGAAR SOFTWARE INC 7621 VIRGINIA AVE FALLS CHURCH VA 22043 542020473 38800 RESEARCH 92 27 SCHOLARSHIPS 12818 167808801 AWARDS 110 86329 RESEARCH GRANT 1 10000 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE PRINCIPAL INVESTIGATOR HAVING RESPONSIBILITY FOR THE GRANT MONITORS SUBCONTRACTOR PERFORMANCE BASED ON THE PROGRAM'S TASKS AND GOALS. THE PRINCIPAL INVESTIGATOR REVIEWS THE PERFORMANCE BEFORE AUTHORIZING THE SUBCONTRACTOR'S INVOICE FOR PAYMENT. X X X X X 0 1 X X X X X X 0 1 0 0 0 0 0 0 0 JOHN A FRY 714120 0 200000 0 144384 0 170067 0 16310 0 1244881 0 0 0 MICHAEL J EXLER ESQ 275367 0 45000 0 0 0 27500 0 15906 0 363773 0 0 0 HELEN BOWMAN 376765 0 70000 0 92783 0 22500 0 15906 0 577954 0 0 0 MARK GREENBERG 457047 0 50000 0 0 0 27500 0 15906 0 550453 0 0 0 ELIZABETH DALE 348720 0 60000 0 0 0 27500 0 8455 0 444675 0 0 0 JAMES TUCKER 357869 0 60000 0 0 0 27500 0 570 0 445939 0 0 0 JOAN MCDONALD 317697 0 60000 0 0 0 27500 0 570 0 405767 0 0 0 DONNA MURASKO PHD 334898 0 50000 0 0 0 27500 0 2290 0 414688 0 0 0 BRIAN KEECH 229667 0 35000 0 0 0 22500 0 15838 0 303005 0 0 0 LORI DOYLE 304925 0 45000 0 0 0 27500 0 15874 0 393299 0 0 0 JOSEPH B HUGHES 325582 0 30000 0 11884 0 22500 0 14892 0 404858 0 0 0 JOHN A BIELEC PHD 323741 0 37000 0 0 0 27500 0 1093 0 389334 0 0 0 RALPH WALKLING PHD 380198 0 0 0 0 0 27500 0 15906 0 423604 0 0 0 GEORGE TSETSEKOS PHD 389892 0 0 0 0 0 27500 0 15906 0 433298 0 0 0 DEBORAH CRAWFORD PHD 326163 0 40000 0 0 0 22500 0 8696 0 397359 0 0 0 JAMES FLINT JR 409074 0 35000 0 0 0 22500 0 15906 0 482480 0 0 0 ERIC J OLSON 213860 0 5000 0 0 0 20448 0 15838 0 255146 0 0 0 PART I, LINE 1A UNIVERSITY POLICY AUTHORIZES BUSINESS OR FIRST-CLASS TRAVEL FOR ALL EMPLOYEES WHEN FLIGHTS EXCEED FIVE HOURS IN DURATION WITH THE APPROPRIATE APPROVAL IN ADVANCE. ON AN INFREQUENT BASIS, THE PRESIDENT'S SPOUSE MAY TRAVEL WITH THE PRESIDENT FOR BUSINESS REASONS WHEN FULFILLING OBLIGATIONS OF HER UNIVERSITY POSITION. THE PRESIDENT IS PROVIDED HOUSING AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE UNIVERSITY. PERSONAL SERVICES FOR MAID/CLEANING SERVICES ARE PROVIDED FOR THE HOUSE AS UNIVERSITY RELATED EVENTS AND ACTIVITIES ARE HELD AT THE RESIDENCE. THE PRESIDENT IS ALSO PROVIDED A DRIVER TO ATTEND UNIVERSITY RELATED EVENTS. THE PRESIDENT RECEIVES SOCIAL CLUB MEMBERSHIPS FOR BUSINESS-RELATED ACTIVITIES. THE SR VP FOR FINANCE/TREASURER/CFO RECEIVED A HOUSING ALLOWANCE THAT IS TREATED AS TAXABLE COMPENSATION. SOCIAL CLUB DUES FOR BUSINESS-RELATED ACTIVITIES WERE PROVIDED FOR SENIOR VICE PRESIDENTS AND DEANS WHICH ARE TREATED AS NON-TAXABLE COMPENSATION. PART I, LINE 1B HOUSING ALLOWANCES AND SOCIAL CLUB MEMBERSHIPS WERE APPROVED BY THE PRESIDENT OR PROVOST. SUPPLEMENTAL INFORMATION PART III PART I, LINE 4B AND PART II, COLUMN C: THE UNIVERSITY WILL PROVIDE JOHN FRY WITH DEFERRED COMPENSATION. THE UNIVERSITY SHALL CREDIT MR. FRY WITH $100,000 ON JULY 31, 2011, AND ON EACH FOLLOWING JULY 31 THROUGH 2015 WHILE HE REMAINS EMPLOYED BY THE UNIVERSITY AS PRESIDENT AND CHIEF EXECUTIVE OFFICER. VESTING AND PAYMENT OF THE DEFERRED COMPENSATION, AS ADJUSTED FOR EARNINGS, GAINS, AND LOSSES BASED ON DEEMED INVESTMENT OPTIONS SELECTED IN ADVANCE BY MR. FRY, SHALL OCCUR ON JULY 31, 2015, PROVIDED MR. FRY IS EMPLOYED BY THE UNIVERSITY ON THAT DATE. IN THE EVENT MR. FRY'S EMPLOYMENT WITH THE UNIVERSITY IS TERMINATED PRIOR TO JULY 31, 2015 ON ACCOUNT OF DEATH, DISABILITY, NON-RENEWAL OF THIS AGREEMENT BY THE UNIVERSITY, OR TERMINATION OF HIS EMPLOYMENT BY THE UNIVERSITY OTHER THAN FOR CAUSE, THE DEFERRED COMPENSATION, AS ADJUSTED FOR EARNINGS, GAINS AND LOSSES, SHALL BECOME VESTED AND PAYABLE UPON HIS TERMINATION OF EMPLOYMENT. IN THE EVENT MR. FRY VOLUNTARILY TERMINATES HIS EMPLOYMENT WITH THE UNIVERSITY PRIOR TO JULY 31, 2015, OR THE UNIVERSITY TERMINATES MR. FRY'S EMPLOYMENT FOR CAUSE, THE DEFERRED COMPENSATION SHALL BE FORFEITED. IN ADDITION, IN RECOGNITION OF AND CONSIDERATION FOR THE GOODS AND VALUABLE SERVICES MR. FRY HAS PROVIDED, AND WILL CONTINUE TO PROVIDE, TO THE UNIVERSITY DURING HIS EMPLOYMENT, THE UNIVERSITY AGREES TO PROVIDE MR. FRY WITH CERTAIN SUPPLEMENTAL RETIREMENT AND DEATH BENEFITS, EFFECTIVE AS OF JULY 1, 2012. MR. FRY'S ACCOUNT SHALL BE CREDITED WITH AN ALLOCATION BY THE UNIVERSITY IN THE FALL OF EACH YEAR (AND NOT LATER THAN DECEMBER 15), BEGINNING IN THE FALL OF 2013, AND ENDING IN THE FALL OF 2020, IN ACCORDANCE WITH THE FOLLOWING FORMULA. THE ALLOCATION FOR EACH YEAR SHALL BE CONDITIONED ON MR. FRY'S CONTINUED EMPLOYMENT THROUGH THE END OF THE FISCAL YEAR ENDING ON THE IMMEDIATELY PRECEDING JUNE 30 (OR UPON THE DATE OF DEATH, TOTAL DISABILITY, OR INVOLUNTARY TERMINATION, IF EARLIER). THE FORMULA IS 11% OF THE SUM OF MR. FRY'S PAID COMPENSATION (BASE SALARY AND ANNUAL PERFORMANCE BONUS (IF ANY)) FOR THE FISCAL YEAR ENDING ON THE IMMEDIATELY PRECEDING JUNE 30 THAT IS IN EXCESS OF THE COMPENSATION LIMIT UNDER SECTION 401(A)(17) OF THE INTERNAL REVENUE CODE AS IN EFFECT DURING SUCH PERIOD IN DETERMINING THE MAXIMUM COMPENSATION UNDER THE UNIVERSITY'S PENSION PLAN. A PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORITY 2011A 232243852 70917RX75 2011-05-16 160304025 NEW CONSTR/BLDG RENOV/REFUNDING OF 1997, 1998, 1998-2, 2003B 0 0 0 B PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORITY 2007B 232243852 70917RNP6 2007-10-04 30000000 SCIENCE BLDG/DORMITORY/WELLNESS CENTER 0 0 0 C PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORITY 2007A 232243852 70917RMJ1 2007-10-04 96463410 SCIENCE BLDG/DORMITORY/WELLNESS CENTER 0 0 0 D PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORITY 2005A&B 232243852 70917N3B8 2005-02-16 61312145 CAPITAL IMPROVEMENTS/EQUIPMENT/ADV REFUNDING OF 1997/1999 BONDS 0 0 0 A 2590000 250000 161953371 1386270 77105897 59095696 24365508 1 0 0 1 B 2325000 30572813 2700000 285425 11508 27483553 2012 0 0 1 1 C 98251163 9022947 835415 1529000 86701839 2012 0 0 1 1 D 3065000 63310555 833218 879260 31998410 34167910 2012 0 1 1 1 A 0 1 1 1 0 0.00070 0.00040 0.00110 0 0 1 B 0 0 0 1 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 1 0 0.00500 0.00000 0.00500 0 0 1 D 0 1 1 1 1 0 0.00340 0.00080 0.00420 0 0 1 A 0 0 0 1 1 0 0 0 1 B 0 0 0 1 1 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 1 1 1 WELLS FARGO BANK 19.800000000000 0 0 1 ROYAL BANK OF CANADA 2.500000000000 1 1 1 A 1 B 1 C 1 D 1 SCHEDULE K SUPPLENTAL INFORMATION PART II, LINE 3, COLUMNS B, C, & D: THE TOTAL PROCEEDS EXCEEDS THE ISSUE PRICE BECAUSE OF THE INVESTMENT EARNINGS ON THE PROJECT FUND. PART II, LINE 12, COLUMNS A & B: THE OTHER SPENT PROCEEDS RELATE TO THE REFUNDING PROCEEDS OF EACH ISSUE. PART IV, LINE 2C, COLUMN A: THE FINAL REBATE REPORT WAS COMPLETED ON 6/5/2013, WHICH DETERMINED THE ISSUE MET THE 6 MONTH SPENDING EXCEPTION. PART IV, LINE 2C, COLUMN B: THE FINAL REBATE REPORT WAS COMPLETED ON 6/7/2013. PART IV, LINE 2C, COLUMN C: THE FINAL REBATE REPORT WAS COMPLETED ON 8/16/2012. PART IV, LINE 2C, COLUMN D: THE FINAL REBATE REPORT WAS COMPLETED ON 9/28/2012. A PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORITY 2012 232243852 70917SCB7 2012-10-18 33242964 REFUND ISSUES DATED 12/23/2002 & 2/03/2003 0 0 0 A 2605000 33242964 415332 32827632 1 0 1 1 A 0 1 1 1 0 0.00650 0.00270 0.00920 0 0 1 A 0 0 1 1 0 0 0 0 1 A 1 DR JOSEPH B HUGHES KEY EMPLOYEE PERSONAL X 90000 72000 0 1 1 72000 2000 GRANT-IN-AID EDUCATIONAL 20460 TUITION REMISSION EDUCATIONAL 1000 ALUMNI GRADUATE AWARD EDUCATIONAL 5000 ENDOWED SCHOLARSHIP EDUCATIONAL PECO ENERGY COMPANY TRUSTEE 959003 ELECTRICITY 0 DR MIMI B SHELLER FAMILY MEMBER OF TRUSTEE 107638 COMPENSATION 0 VICTOR TRINGALI FAMILY MEMBER OF TRUSTEE 121604 COMPENSATION 0 DUANE MORRIS LLP TRUSTEE 141156 LEGAL FEES 0 X 80850 FAIR MARKET VALUE X 31 2653805 FAIR MARKET VALUE X 2 9072800 FAIR MARKET VALUE X EQUIPMENT 5 1422500 FAIR MARKET VALUE X OTHER GIFTS IN KIND 19 8351 FAIR MARKET VALUE 15 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS: PART I, COLUMN (B): DREXEL UNIVERSITY IS REPORTING THE ACTUAL NUMBER OF CONTRIBUTORS IN COLUMN B. FORM 990, PART V, LINES 7G & 7H: NOT APPLICABLE FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS PREPARED BY THE TAX OFFICE AND SUBMITTED TO THE SENIOR VICE PRESIDENT FOR FINANCE/TREASURER/CHIEF FINANCIAL OFFICER FOR REVIEW AND SIGNING. PRIOR TO FILING, FORM 990 AND ALL REQUIRED SCHEDULES ULTIMATELY FILED WITH THE INTERNAL REVENUE SERVICE WERE AVAILABLE TO EACH MEMBER OF THE BOARD OF TRUSTEES FOR THEIR REVIEW AND COMMENT. FORM 990, PART VI, SECTION B, LINE 12C DREXEL UNIVERSITY'S CONFLICT OF INTEREST POLICY APPLIES TO ALL EMPLOYEES (WHETHER A KEY EMPLOYEE OR NOT), OFFICERS, AND TRUSTEES OF THE UNIVERSITY. THE CONFLICT OF INTEREST POLICY IS INTENDED TO SATISFY COMPLIANCE REQUIREMENTS AND GUIDE UNIVERSITY PERSONNEL IN AVOIDING THOSE SITUATIONS THAT CAN RESULT IN A CONFLICT OF INTEREST OR COMMITMENT. THE KEY TO AVOIDING THOSE SITUATIONS THAT CAN RESULT IN A CONFLICT OF INTEREST OR COMMITMENT IS TO MAKE CONSTITUENTS AWARE OF WHAT CONSTITUTES A CONFLICT OF INTEREST AND FOR THEM TO DISCLOSE POTENTIAL SITUATIONS BEFORE THE ACTIVITY IS UNDERTAKEN. THE FORMAT FOR THE DISCLOSURE IS FOR EACH EMPLOYEE, OFFICER OR TRUSTEE TO COMPLETE A QUESTIONNAIRE ANNUALLY. THE COMPLETED QUESTIONNAIRE IS SUBMITTED TO THE HUMAN RESOURCES DEPARTMENT IN THE CASE OF EMPLOYEES AND REVIEWED BY THE OFFICE OF THE GENERAL COUNSEL. COMPLETED QUESTIONNAIRES FOR OFFICERS AND TRUSTEES ARE SUBMITTED DIRECTLY TO THE OFFICE OF THE GENERAL COUNSEL FOR REVIEW. AFTER REVIEW A DETERMINATION IS MADE AS TO WHETHER A CONFLICT OF INTEREST EXISTS AND AT WHAT LEVEL. THOSE CONFLICTS THAT ARE DETERMINED TO BE DETRIMENTAL TO THE UNIVERSITY ARE DISCUSSED WITH THE EMPLOYEE AND THE EMPLOYEE IS ENCOURAGED TO TERMINATE THE ACTIVITY. EMPLOYEES WHO WILLINGLY OR OTHERWISE CONTINUE TO VIOLATE THE CONFLICT OF INTEREST POLICY ARE SUBJECT TO DISCIPLINARY ACTION UP TO AND INCLUDING SUSPENSION WITHOUT PAY, DEMOTION OR TERMINATION OF EMPLOYMENT. IN THE CASE OF TRUSTEES, A CONFLICT OF INTEREST QUESTIONNAIRE IS MAILED ANNUALLY. TRUSTEES ARE REQUIRED TO COMPLETE THE QUESTIONNAIRE AND DISCLOSE ANY INTERESTS IN ANY CORPORATION, PARTNERSHIP OR OTHER ORGANIZATION IN WHICH THEY OWN OR CONTROL 5% OR MORE OF THE ENTITY. IT IS THE POLICY OF THE UNIVERSITY NOT TO CONTRACT WITH OR ENTER INTO A COMMERCIAL RELATIONSHIP WITH ANY TRUSTEE OR CORPORATION, PARTNERSHIP, PROPRIETORSHIP OR OTHER ORGANIZATION IN WHICH SUCH TRUSTEE HAS AN INTEREST AS AN OFFICER, DIRECTOR, PARTNER, EMPLOYEE, OWNER, OR CONTROLLING STOCKHOLDER. FORM 990, PART VI, SECTION B, LINE 15 DREXEL IS COMMITTED TO COMPENSATING ITS EXECUTIVE TEAM AT A FAIR AND COMPETITIVE LEVEL. TO MEET THIS GOAL, DREXEL UNIVERSITY'S HUMAN RESOURCES DEPARTMENT PREPARES AN EXECUTIVE COMPENSATION ANALYSIS ANNUALLY USING THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION OF HUMAN RESOURCES (CUPA) SURVEY AND IRS FORM 990 INFORMATION AS THEY RELATE TO THE UNIVERSITY'S PEER GROUPS. POSITIONS INCLUDED IN THE ANALYSIS WERE THE PRESIDENT, SECRETARY, TREASURER, SENIOR VICE PRESIDENTS, CHIEF INFORMATION OFFICER AND HIGHLY-COMPENSATED DEANS. USING THE EXECUTIVE COMPENSATION ANALYSIS, A THIRD-PARTY ADVISOR PREPARED A REPORT AND SUBMITTED THE REPORT TO THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES (THE "COMMITTEE") ALONG WITH CERTAIN PERFORMANCE CRITERIA. THE COMPENSATION ANALYSIS SERVED AS THE BASIS FOR THE PRESIDENT'S RECOMMENDATIONS FOR UNIVERSITY EXECUTIVES. THE THIRD-PARTY ADVISOR PROVIDED THE COMMITTEE WITH A LETTER ON THE APPROPRIATENESS OF THE DECISION-MAKING PROCESS AND REASONABLENESS OF THE PROPOSED COMPENSATION. ALL COMPENSATION WAS APPROVED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO BECOMING EFFECTIVE ON JULY 1, 2012. FORM 990, PART VI, SECTION C, LINE 19 DREXEL UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC IN A VARIETY OF WAYS. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE ON ITS WEBSITE, AND ITS GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CONTRIBUTION RECEIVABLE WRITE-OFF 267,298. OVERSIGHT OF THE AUDIT PART XI, LINE 2C THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES HAS RESPONSIBILITY FOR SELECTING THE INDEPENDENT ACCOUNTANT AND OVERSEEING THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. PHILADELPHIA HEALTH & EDUCATION CORP DBA DREXEL UNIV COLLEGE OF MEDICINE 245 N 15TH ST PHILADELPHIA PA 19102 232979433 EDUCATION, PATIENT CARE AND MEDICAL RESEARCH PA 501(C)(3) LINE 2 DREXEL UNIVERSITY 1 ACADEMIC ASSETS INC 3601 POWELTON AVE LL PHILADELPHIA PA 19104 232455915 HOLDING COMPANY PA 501(C)(3) LINE 11C, III-FI DREXEL UNIVERSITY 1 ACADEMIC PROPERTIES INC 3601 POWELTON AVE LL PHILADELPHIA PA 19104 232411680 STUDENT HOUSING PA 501(C)(3) LINE 11C, III-FI ACADEMIC ASSETS INC 0 THE ACADEMY OF NATURAL SCIENCES OF PHILDELPHIA 1900 BENJAMIN FRANKLIN PARKWAY PHILADELPHIA PA 19103 231352000 MUSEUM PA 501(C)(3) LINE 9 DREXEL UNIVERSITY 1 DREXEL E-LEARNING INC 3001 MARKET ST SUITE 300 PHILADELPHIA PA 19104 233068200 DISTANCE LEARNING AND ONLINE COURSES PA N/A C 1.00000 0 JANUS HOUSING CORP 3601 POWELTON AVE LL PHILADELPHIA PA 19104 043721325 INACTIVE PA ACADEMIC PROPERTIES INC C 1.00000 0 SCHUYLKILL CROSSING LTD 76 ST PAUL ST SUITE 500 BURLINGTON VT 05401 743090959 LIABILITY INSURANCE VT PHILADELPHIA HEALTH & EDUCATION CORP C 642518 5515650 0.15000 0 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 1 PHILADELPHIA HEALTH & EDUCATION CORP L 22007000 BOOK AMOUNT ACADEMIC PROPERTIES INC K 1680000 BOOK AMOUNT SCHUYLKILL CROSSING RECIPROCAL RISK RETENTION GROUP P 790000 BOOK AMOUNT PHILADELPHIA HEALTH & EDUCATION CORP M 3826000 BOOK AMOUNT PHILADELPHIA HEALTH & EDUCATION CORP K 3077000 BOOK AMOUNT ACADEMIC PROPERTIES INC M 152000 BOOK AMOUNT PHILADELPHIA HEALTH & EDUCATION CORP P 8912000 BOOK AMOUNT PHILADELPHIA HEALTH & EDUCATION CORP R 56704000 BOOK AMOUNT PHILADELPHIA HEALTH & EDUCATION CORP S 3559000 BOOK AMOUNT DREXEL E-LEARNING INC R 22119000 BOOK AMOUNT PHILADELPHIA HEALTH & EDUCATION CORP B 22007000 BOOK AMOUNT THE ACADEMY OF NATURAL SCIENCES OF PHILADELPHIA B 5339106 BOOK AMOUNT THE ACADEMY OF NATURAL SCIENCES OF PHILADELPHIA D 722680 BOOK AMOUNT THE ACADEMY OF NATURAL SCIENCES OF PHILADELPHIA Q 3404143 BOOK AMOUNT