2014-12-08T08:59:33-06:00 2014-05-31 621199757 LATTIMORE BLACK MORGAN & CAIN PC PO BOX 1869 BRENTWOOD TN 370241869 990 2013-06-01 620485733 LIPSCOMB UNIVERSITY LIPS 6159661000 ONE UNIVERSITY PARK DRIVE NASHVILLE TN 372043951 DANNY H TAYLOR SENIOR VP FOR FINANCE & ADMIN 6159661000 2014-12-01 1 JULIE BARTLETT P00742923 6153774600 2014-12-01 2013 2015-11-30 17:44:51Z LIPSCOMB UNIVERSITY DANNY H TAYLOR ONE UNIVERSITY PARK DR NASHVILLE TN 37204 177105210 0 X WWW.LIPSCOMB.EDU X 1891 TN LIPSCOMB UNIVERSITY DELIVERS A COMPLETE EDUCATION CHARACTERIZED BY INTEGRATION OF CHRISTIAN FAITH AND PRACTICE WITH ACADEMIC EXCELLENCE. THIS COMPLETE EDUCATION, WHICH INCLUDES LIBERAL ARTS STUDIES AND PROFESSIONAL PREPARATION, DOES NOT SUGGEST A FINISHED EDUCATION. RATHER, IT REFLECTS LIPSCOMB'S COMMITMENT TO THE COMPREHENSIVE DEVELOPMENT OF EACH STUDENT - SPIRITUALLY, INTELLECTUALLY, SOCIALLY, AND PHYSICALLY - AS LIPSCOMB PREPARES ITS GRADUATES FOR A LIFE OF LEARNING, LEADING, AND SERVING. LIPSCOMB ALSO SEEKS TO MAKE A POSITIVE DIFFERENCE IN THE COMMUNITY. 32 31 3052 300 0 0 12792618 12494319 131152914 143834721 2408093 -210026 717847 911494 147071472 157030508 24284303 28742276 0 0 63840429 64579419 0 0 3176289 48171697 58068245 136296429 151389940 10775043 5640568 223465775 235620716 109131180 106364705 114334595 129256011 X LIPSCOMB UNIVERSITY DELIVERS A COMPLETE EDUCATION CHARACTERIZED BY INTEGRATION OF CHRISTIAN FAITH AND PRACTICE WITH ACADEMIC EXCELLENCE. THIS COMPLETE EDUCATION, WHICH INCLUDES LIBERAL ARTS STUDIES AND PROFESSIONAL PREPARATION, DOES NOT SUGGEST A FINISHED EDUCATION. RATHER, IT REFLECTS LIPSCOMB'S COMMITMENT TO THE COMPREHENSIVE DEVELOPMENT OF EACH STUDENT - SPIRITUALLY, INTELLECTUALLY, SOCIALLY, AND PHYSICALLY - AS LIPSCOMB PREPARES ITS GRADUATES FOR A LIFE OF LEARNING, LEADING, AND SERVING. LIPSCOMB SEEKS TO BE ENGAGED IN THE COMMUNITY AND TO BE A GOOD NEIGHBOR AS IT CONTINUES TO GROW. 0 0 80623293 28742276 125943627 INSTRUCTIONAL EXPENSES:CLASSROOM AND ONLINE AND GLOBAL INSTRUCTION IN A COLLABORATIVE CHRISTIAN LIBERAL ARTS LEARNING ENVIRONMENT FROM PRE-KINDERGARTEN THROUGH THE DOCTORAL LEVEL. 19710487 STUDENT SERVICES:ENGAGING STUDENT LIFE IN A DYNAMIC AND DIVERSE COMMUNITY THAT GIVES STUDENTS THE OPPORTUNITY TO BE REAL WITH THEMSELVES AND EACH OTHER WHILE PROVIDING OPPORTUNITIES FOR SPIRITUAL FAITH DEVELOPMENT THROUGH SERVICE AND LEARNING. 12261634 17891094 AUXILIARY ENTERPRISES:PROVIDES STUDENTS WITH THE ENGAGING ON-CAMPUS LIPSCOMB EXPERIENCE. STUDENTS WHO LIVE ON CAMPUS TYPICALLY EXPERIENCE A STRONG SENSE OF POSITIVE COMMUNITY. 12808179 ACADEMIC SUPPORT:INCLUDES ACADEMIC COUNSELING & TESTING SERVICES, ACADEMIC PROGRAM DEVELOPMENT, UNIVERSITY DEANS, INSTRUCTIONAL TECHNOLOGY, LIBRARY SERVICES, AND OTHER AREAS DESIGNED TO ENHANCE A STUDENT'S LEARNING EXPERIENCE AND THE OVERALL QUALITY OF A STUDENT'S EDUCATION. 2313481 PUBLIC SERVICES:INCLUDES COMMUNITY OUTREACH ACTIVITIES, SPIRITUAL FORMATION ACTIVITIES, AND SUSTAINABILITY WHERE LIPSCOMB CAN POSITIVELY IMPACT COMMUNITIES AND THE ENVIRONMENT. RESEARCH:INCLUDES POTENTIAL DISCOVERIES OF NEW OUTCOMES WITH A GOAL OF ADVANCING PROGRESS BOTH INSTITUTIONALLY AND GLOBALLY. 15121660 127717074 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 1 458 0 1 3052 1 0 0 0 0 0 1 1 0 0 0 0 X 32 31 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X DANNY H TAYLOR SVP FOR FINANCE & ADMINISTRATION 6159667650 ONE UNIVERSITY PARK DRIVE NASHVILLE TN 37204 JAMES C ALLEN TREASURER 1.00 X 0 0 0 J ADDISON BARRY BOARD MEMBER 1.00 X 0 0 0 ROBERT A BRACKETT BOARD MEMBER 1.00 X 0 0 0 GENERAL JOHN A BRADLEY BOARD MEMBER 1.00 X 0 0 0 LORI SUTTON BRIDGES BOARD MEMBER 1.00 X 0 0 0 D GERALD COGGIN SR BOARD MEMBER 1.00 X 0 0 0 JERRY COVER BOARD MEMBER 1.00 X 0 0 0 RICHARD G COWART BOARD MEMBER 1.00 X 0 0 0 ROBBIE B DAVIS BOARD MEMBER 1.00 X 0 0 0 SALLIE DEAN BOARD MEMBER 1.00 X 0 0 0 STANLEY M EZELL JR BOARD MEMBER 1.00 X 0 0 0 PETE T GUNN III BOARD MEMBER 1.00 X 0 0 0 J GREGORY HARDEMAN BOARD MEMBER 1.00 X 0 0 0 BART HARPER BOARD MEMBER 1.00 X 0 0 0 WILLIAM R HUSTON BOARD MEMBER 1.00 X 0 0 0 LINDA HEFLIN JOHNSTON BOARD MEMBER 1.00 X 0 0 0 MARTY R KITTRELL BOARD MEMBER 1.00 X 0 0 0 JOHN LITTLE BOARD MEMBER 1.00 X 0 0 0 BILLY LONG BOARD MEMBER 1.00 X 0 0 0 JW PITTS JR BOARD MEMBER 1.00 X 0 0 0 DAVID W SCOBEY JR CHAIR 1.00 X 0 0 0 HARRIETTE H SHIVERS SECRETARY 1.00 X 0 0 0 KENNETH SHUMARD BOARD MEMBER 1.00 X 0 0 0 CICELY SIMPSON BOARD MEMBER 1.00 X 0 0 0 DOUGLAS SMITH BOARD MEMBER 1.00 X 0 0 0 DAVID L SOLOMON VICE CHAIR 1.00 X 0 0 0 NEIKA B STEPHENS BOARD MEMBER 1.00 X 0 0 0 TIM S THOMAS BOARD MEMBER 1.00 X 0 0 0 WILLIAM THOMAS BOARD MEMBER 1.00 X 0 0 0 ROBERT E WOOD BOARD MEMBER 1.00 X 0 0 0 MARK H YOKLEY BOARD MEMBER 1.00 X 0 0 0 RANDY LOWRY III PRESIDENT 40.00 X X 351506 0 116078 W CRAIG BLEDSOE PROVOST 40.00 X 177845 0 12782 WALT C LEAVER III VP OF UNIVERSITY RELATIONS 40.00 X 106257 0 19649 DANNY H TAYLOR SR VP OF FINANCE & ADMINISTRATION 40.00 X 196021 0 24359 PHILIP N HUTCHESON ALTHETIC DIRECTOR 40.00 X 150220 0 26902 PHILLIP W ELLENBURG GENERAL COUNSEL 40.00 X 28450 0 4678 SCOTT A MCDOWELL SR VP FOR STUDENT LIFE 40.00 X 135604 0 24379 BENNIE L HARRIS VICE PRESIDENT DEVELOPMENT & ALUMNI RELATIONS 40.00 X 95154 0 75347 MIKE HAMMOND VICE PRESIDENT & HEADMASTER 40.00 X 125459 0 9491 DEBY K SAMUELS VP COMMUNICATIONS & MARKETING 40.00 X 126296 0 14746 SUSAN C GALBREATH ASSOCIATE PROVOST ACADEMIC & STRATEGIC INITIATIVES 40.00 X 107279 0 22491 JIM THOMAS PROFESSOR AND EXEC. ASST TO PRESIDENT 40.00 X 115806 0 8187 NANCY MAGNUSSON DURHAM SR VP FOR STRATEGIC INITIATIVES 40.00 X 170182 0 11954 CANDICE MCQUEEN SENIOR VICE PRESIDENT 40.00 X 240850 0 26251 ALLEN D ARMSTRONG JR SENIOR DEVELOPMENT COUNSEL 40.00 X 146524 0 25986 MICHAEL C GREEN VICE PRESIDENT & CIO 40.00 X 125741 0 23916 RICHARD T HOLAWAY VP FOR ENROLLMENT MANAGEMENT 40.00 X 99758 0 19671 JOHN R LOWRY VP OF COMMUNITY & GOVERNMENT RELATIONS 40.00 X 141904 0 26983 WILLIAM S SAGER VP OF CHURCH SERVICES 40.00 X 34550 0 91434 ROGER L DAVIS DEAN OF COLLEGE OF PHARMACY 40.00 X 220134 0 22343 THOMAS M CAMPBELL ASSOCIATE DEAN OF PHARMACY 40.00 X 190287 0 29752 CHARLES T STEVENS JR DEAN OF COLLEGE OF BUSINES 40.00 X 166391 0 25262 ROBERT G YOUNG ASSOCIATE DEAN OF PHARMACY 40.00 X 150016 0 16498 SCOTT H SANDERSON FORMER COACH 0.00 X 315313 0 5926 3717547 0 685065 92 1 1 0 SODEXO INC AND AFFILIATES 2001 MILLENNIUM PLACE JOHNSON CITY TN 37604 FOOD SERVICES 5834790 CRAIN CONSTRUCTION INC 2525 WINFORD AVE NASHVILLE TN 37204 CONSTRUCTION SERVICES 2250334 FIDELITY 2035 MALLORY LANE FRANKLIN TN 37067 INVESTMENT SERVICES 1782815 SOLOMON BUILDERS 4539 TROUSDALE DR NASHVILLE TN 37204 CONSTRUCTION SERVICES 1062363 TUCK-HINTON ARCHITECTS PLC 410 ELM ST NASHVILLE TN 37203 CONSTRUCTION SERVICES 543976 27 75916 1543515 10874888 786272 12494319 TUITION AND FEES 611710 121131249 121131249 AUXILIARY REVENUE 611710 17891094 17891094 MISCELLANEOUS INCOME 611710 4645996 4645996 INCREASE - LIFE INSURA 524298 166382 166382 143834721 647313 647313 1273867 362503 911364 911364 911364 18682305 15000 19524644 30000 -842339 -15000 -857339 -857339 157685 75916 157555 130 130 157030508 143834721 0 701468 76245 76245 28666031 28666031 3126319 3126319 51164097 45531784 3663964 1968349 1724040 1570356 71569 82115 4981126 3969927 632402 378797 3583837 3038280 411311 134246 63337 10628 52709 89300 89300 187831 187831 6557168 5524469 999086 33613 752867 667064 73571 12232 7103552 4575601 2152361 375590 2958825 2145790 746217 66818 762768 733482 29286 8054832 7023445 888906 142481 662748 540549 107108 15091 1950545 133506 1817039 6966715 5514371 1452344 3906919 3553062 353857 PLANT OPERATIONS 10868120 10080798 787322 GENERAL EXPENSES 2352538 530776 1821762 SPECIAL EVENTS 2165946 1432903 607508 125535 MISCELLANEOUS 1301234 1264153 37081 1363000 1133854 387724 -158578 151389940 127717074 20496577 3176289 3495404 7670392 5042096 4618279 1725745 2178436 235859779 96144305 139476703 139715474 9931353 10278718 61926765 69125325 1867709 2034092 223465775 235620716 27984239 25691042 1230812 1430822 65320000 66928535 1629240 1489114 2745409 10221480 10825192 109131180 106364705 X 23772920 34662584 49978870 50555080 40582805 44038347 114334595 129256011 223465775 235620716 X 5640568 8123321 1157519 8 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 62274543 3445347 5825495 1714797 1500000 68330588 55828784 2478607 7431475 1689323 1775000 62274543 60089971 1900832 -2120132 1991887 2050000 55828784 51975962 2401561 10224945 1977336 2535161 60089971 51874685 2209722 2304501 4243501 169445 51975962 0.20630 0.64200 0.15170 0 0 12499247 190436683 82239322 120696608 32198937 13904983 18293954 724912 724912 139715474 INVESTMENTS - SHORT TERM/MUTUAL FUNDS 38891559 F INVESTMENTS - LIMITED PARTNERSHIP INTERESTS 30033451 F INVESTMENTS - COMMODITIES 200315 F 69125325 OTHER LIABILITIES 7554979 CURRENT PORTION OF TAX EXEMPT BONDS PAYABLE 3270213 10825192 X 135317933 8123321 538966 8662287 126655646 187831 30187031 30374862 157030508 121554036 538965 538965 121015071 187831 30187038 30374869 151389940 PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED TO PROVIDE FUNDS FOR PROFESSORSHIPS, CHAIRS AND SCHOLARSHIPS FOR STUDENTS AND GENERAL SUPPORT FOR OPERATIONS. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE 501(C)(3) AND, ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. AS OF MAY 31, 2014, THE UNIVERSITY HAS ACCRUED NO INTEREST AND NO PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. IT IS THE UNIVERSITY'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE UNIVERSITY FILES U.S. FEDERAL INFORMATION TAX RETURNS AND IS CURRENTLY OPEN TO AUDIT UNDER THE STATUTE OF LIMITATIONS BY THE INTERAL REVENUE SERVICE FOR THE YEARS ENDED AFTER MAY 31, 2010. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXP INCLUDE IN EXP ON F/S AND RECLASSED TO INCOME FOR TAX RETURN 157,555. RENTAL EXP. NETTED W/ 990 REVENUE 362,503. LOSS ON DISPOSAL OF FIXED ASSETS NETTED WITH EXPENSE ON F/S 15,000. FUNDRAISING EXPENSE ACCOUNTS NETTED WITH MISCELLANOUS REVENUE ON F/S 3,907. ROUNDING 1. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED WITH REVENUE ON F/S 28,666,031. F/S INVESTMENT RECLASS 1,521,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXP INCLUDE IN EXP ON F/S AND RECLASSED TO INCOME FOR TAX RETURN 157,555. RENTAL EXP. NETTED W/ 990 REVENUE 362,503. LOSS ON DISPOSAL OF FIXED ASSETS NETTED WITH EXPENSE ON F/S 15,000. FUNDRAISING EXPENSE ACCOUNTS NETTED WITH MISCELLANOUS REVENUE ON F/S 3,907. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED WITH REVENUE ON F/S 28,666,031. F/S INVESTMENT RECLASS 1,521,000. ROUNDING 7. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 LIPSCOMB UNIVERSITY PUBLISHES ITS "NOTICE OF NONDISCRIMINATORY POLICY" IN BROCHURES, STUDENT HANDBOOKS, CATALOGS, ON THEIR WEBSITE AS WELL AS THEIR JOB POSTING ADS. SCHEDULE E, PART I, LINE 6 GOVERNMENT GRANTS TOTALED $1,543,515 FOR PERIOD ENDING MAY 31, 2014. ACADEMY ART EVENT 233601 75916 157685 157555 0 233601 75916 157685 157555 157555 130 1 THE CONTRIBUTOR 154 5TH AVE N NASHVILLE TN 37219 371551739 501C(3) 10000 FMV COMMUNITY SUPPORT AMERICAN HEART ASSOCIATION 7272 GREENVILLE AVENUE DALLAS TX 75231 135613797 501C(3) 5000 FMV COMMUNITY SUPPORT NASHVILLE AREA CHAMBER OF COMMERCE 211 COMMERCE STREET 100 NASHVILLE TN 37201 620304530 501C(3) 5000 FMV COMMUNITY SUPPORT SCHOLARSHIPS 2772 28666031 0 FMV NONE PART I, LINE 2: LIPSCOMB UNIVERSITY HAS AN ANNUAL AUDIT OF ITS FINANCIAL STATEMENTS AND AN ANNUAL AUDIT OF ITS FINANCIAL AID AWARDING PROCESS (CALLED THE OMB CIRCULAR A-133 AUDIT). IN ADDITION, FINANCIAL AID COUNSELORS ATTEND CONFERENCES AND TRAINING SESSIONS ON FINANCIAL AID AWARDING POLICIES, PROCEDURES, AND CONTROLS. X X X X X X 1 1 X X X X X 1 0 0 0 0 0 0 0 0 RANDY LOWRY III PRESIDENT 329046 0 0 0 22460 0 17150 0 98928 0 467584 0 0 0 W CRAIG BLEDSOE PROVOST 157597 0 0 0 20248 0 12212 0 570 0 190627 0 0 0 DANNY H TAYLOR SR VP OF FINANCE & ADMINISTRATION 174675 0 0 0 21346 0 13523 0 10836 0 220380 0 0 0 PHILIP N HUTCHESON ALTHETIC DIRECTOR 133556 0 0 0 16664 0 10404 0 16498 0 177122 0 0 0 SCOTT A MCDOWELL SR VP FOR STUDENT LIFE 121723 0 0 0 13881 0 9790 0 14589 0 159983 0 0 0 BENNIE L HARRIS VICE PRESIDENT DEVELOPMENT & ALUMNI 82047 0 0 0 13107 0 10142 0 65205 0 170501 0 0 0 NANCY MAGNUSSON DURHAM SR VP FOR STRATEGIC INITIATIVES 142824 0 0 0 27358 0 11384 0 570 0 182136 0 0 0 CANDICE MCQUEEN SENIOR VICE PRESIDENT 232429 0 0 0 8421 0 8421 0 17830 0 267101 0 0 0 ALLEN D ARMSTRONG JR SENIOR DEVELOPMENT COUNSEL 135070 0 0 0 11454 0 10119 0 15867 0 172510 0 0 0 JOHN R LOWRY VP OF COMMUNITY & GOVERNMENT RELATIO 132751 0 0 0 9153 0 9153 0 17830 0 168887 0 0 0 ROGER L DAVIS DEAN OF COLLEGE OF PHARMACY 197353 0 0 0 22781 0 15473 0 6870 0 242477 0 0 0 THOMAS M CAMPBELL ASSOCIATE DEAN OF PHARMACY 171366 0 0 0 18921 0 13933 0 15819 0 220039 0 0 0 CHARLES T STEVENS JR DEAN OF COLLEGE OF BUSINES 151252 0 0 0 15139 0 12102 0 13160 0 191653 0 0 0 ROBERT G YOUNG ASSOCIATE DEAN OF PHARMACY 146873 0 0 0 3143 0 0 0 16498 0 166514 0 0 0 SCOTT H SANDERSON FORMER COACH 300361 0 0 0 14952 0 0 0 5926 0 321239 0 0 0 PART I, LINE 4A SCOTT H. SANDERSON REPORTABLE COMPENSATION $315,313 TOTAL OTHER COMPENSATION $5,926 A SUNTRUST BANK 580466330 2012-09-05 71000000 REFUND SERIES 2009 AND 2011 BONDS 0 0 0 B SUNTRUST BANK 580466330 2013-11-26 5050000 SERIES 2013 REVENUE BONDS 0 0 0 A 71000000 51216 1 0 1 1 B 5050000 50000 0 0 1 1 A 0 0 0 0 0.00000 0.00000 1 0 0 B 0 0 0 0 0.00000 0.00000 1 0 0 A 0 0 0 0 1 1 SUNTRUST ROBINSON HUMPHREY 15.000000000000 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 0 B 0 RHONDA LOWRY PRESIDENT'S SPOUSE 43500 UNIVERSITY EMPLOYEE 0 JOHN LOWRY PRESIDENT'S SON 150684 UNIVERSITY EMPLOYEE 0 MELISSA LOWRY PRESIDENT'S DAUGHTER-IN-LAW 20526 UNIVERSITY EMPLOYEE 0 DAVID SOLOMON BOARD MEMBER 15500 RENTAL REAL PROPERTYRENTAL REAL PROPERTY 0 HARRIETTE SHIVERS BOARD MEMBER 37805 RENTAL REAL PROPERTY 0 X 17 781272 FMV AT DATE OF SALE X STEINWAY PIAN 1 5000 APPRAISAL 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 UNIVERSITY PRESIDENT RANDY LOWRY IS THE FATHER OF JOHN LOWRY VICE PRESIDENT FOR COMMUNITY & GOVERNMENT RELATIONS. FORM 990, PART VI, SECTION B, LINE 11 BOARD DELEGATES THIS RESPONSIBILITY TO THE AUDIT COMMITTEE OF THE BOARD. ONCE THE AUDIT COMMITTEE HAS APPROVED FORM 990, IT IS POSTED ON THE LIPSCOMB TRUSTEE WEBSITE PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C RELATED PARTY CONFIRMATIONS ARE REVIEWED AND FOLLOWED UP BY THE SENIOR VICE PRESIDENT FOR FINANCE AND ADMINISTRATION, AS WELL AS THE UNIVERSITY'S INDEPENDENT ACCOUNTING FIRM, LBMC, ON AN ANNUAL BASIS. ALSO, THE AUDIT COMMITTEE OF THE BOARD REVIEWS RELATED PARTY RELATIONSHIPS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD SETS THE PRESIDENT'S SALARY ANNUALLY BASED ON HIS CONTRACT. HIS INITIAL COMPENSATION WAS ESTABLISHED BASED ON A REVIEW OF MARKET DATA AND THE NEGOTIATION PROCESS. THIS SAME PROCESS OCCURS WITH OTHER OFFICERS AND KEY EMPLOYEES. SALARY POOL INCREASES ARE ALSO A COMPENENT OF ANNUAL COMPENSATION BASED ON APPROVED BUDGET FUNDING. FORM 990, PART VI, SECTION C, LINE 18 THE UNIVERSITY MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: ROUNDING 8. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED SINCE PRIOR YEAR.