2013-05-03T12:02:05-05:00 2012-06-30 621336737 CROSSLIN & ASSOCIATES PC 3803 BEDFORD AVENUE SUITE 103 NASHVILLE TN 37215 990 2011-07-01 620475697 THE UNIVERSITY OF THE SOUTH UNIV 9315981349 735 UNIVERSITY AVE SEWANEE TN 373831000 SARAH SUTHERLAND 9315981349 2013-05-03 1 RICHARD M WINSTEAD P00231865 6153205500 2011 2016-02-25 16:41:14Z JOHN M MCCARDELL JR 735 UNIVERSITY AVE SEWANEE TN 373831000 138333151 0 X HTTP://WWW.SEWANEE.EDU X 1857 TN SEE SCHEDULE O. 134 131 1744 1192 -159200 -159200 13072308 18301657 78908905 74437159 28645906 10056632 1655832 1854993 122282951 104650441 22415391 19833838 0 0 44948670 46477936 0 0 2322455 35818591 35064495 103182652 101376269 19100299 3274172 542232657 539862035 56439847 55328152 485792810 484533883 X SEE SCHEDULE O. 0 0 53361719 19804086 53855237 SEE SCHEDULE O. 11438922 29752 2296156 SEE SCHEDULE O. 12852795 0 17906022 SEE SCHEDULE O. 4463084 0 379744 4463084 379744 82116520 1 1 0 0 0 0 1 1 0 1 1 1 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 3410 0 1 1744 1 1 1 1 SP 0 0 0 0 0 0 0 0 X 134 131 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X OFFICE OF THE TREASURER 9315981349 735 UNIVERSITY AVE SEWANEE TN 373831000 JOHN MCKEE SLOAN 2.00 X 0 0 0 SUSAN SLOAN 2.00 X 0 0 0 W CHARLES MAYER III 2.00 X 0 0 0 CORNELIA HEFLIN 2.00 X 0 0 0 LARRY R BENEFIELD 2.00 X 0 0 0 KENNETH T PARKS 2.00 X 0 0 0 ELLEN GRAY 2.00 X 0 0 0 PAN ADAMS-MCCASLIN 2.00 X 0 0 0 J NEIL ALEXANDER 2.00 X 0 0 0 SHARON L HIERS 2.00 X 0 0 0 STEVE BURNETT 2.00 X 0 0 0 JOHN FORD 2.00 X 0 0 0 GREGORY O BREWER 2.00 X 0 0 0 STEPHEN CLIFTON 2.00 X 0 0 0 PARKER BAUER 2.00 X 0 0 0 FRANK B GUMMEY III 2.00 X 0 0 0 PHILIP M DUNCAN II 2.00 X 0 0 0 JOHN H RIGGIN 2.00 X 0 0 0 ERIC STEVENSON 2.00 X 0 0 0 AMY HAMILTON 2.00 X 0 0 0 JAMES M STANTON 2.00 X 0 0 0 PAUL E LAMBERT 2.00 X 0 0 0 ROBERT M CORLEY 2.00 X 0 0 0 HARRIET HAHN COUSINS 2.00 X 0 0 0 ORRIN HARRISON III 2.00 X 0 0 0 CLIFTON DANIEL III 2.00 X 0 0 0 ROBERT ALVES 2.00 X 0 0 0 J THOMAS SUTTON 2.00 X 0 0 0 DANIEL STROUD 2.00 X 0 0 0 GEORGE D YOUNG III 2.00 X 0 0 0 TAYLOR DINSMORE 2.00 X 0 0 0 CHRIS CONE 2.00 X 0 0 0 LEE PHILLIPS 2.00 X 0 0 0 SAMUEL JOHNSON HOWARD 2.00 X 0 0 0 NANCEE MARTIN COFFEY 2.00 X 0 0 0 BLUCHER B LINES 2.00 X 0 0 0 PAMELA JORDAN ANDERSON 2.00 X 0 0 0 C WALLIS OHL 2.00 X 0 0 0 JOHN STANLEY 2.00 X 0 0 0 CATHERINE WEHLBURG 2.00 X 0 0 0 SHERRI GLASER 2.00 X 0 0 0 SCOTT A BENHASE 2.00 X 0 0 0 ROBERT FAIN 2.00 X 0 0 0 WILLIAM R BRUCE 2.00 X 0 0 0 DEBORAH THOMAS 2.00 X 0 0 0 TERRY ALLEN WHITE 2.00 X 0 0 0 MARK BOURLAKAS 2.00 X 0 0 0 JAMES MCGINLEY MAC JEFFERSON 2.00 X 0 0 0 LESLIE NEWMAN 2.00 X 0 0 0 CHILTON R KNUDSEN 2.00 X 0 0 0 MICHAEL CARLISLE 2.00 X 0 0 0 ADDISON HOSEA 2.00 X 0 0 0 ROBERT ROSS 2.00 X 0 0 0 MORRIS K THOMPSON JR 2.00 X 0 0 0 RALPH HOWE JR 2.00 X 0 0 0 GINA JENKINS 2.00 X 0 0 0 DREW BROACH 2.00 X 0 0 0 DUNCAN M GRAY III 2.00 X 0 0 0 DAVID ELLIOTT III 2.00 X 0 0 0 SCOTT DAVIS 2.00 X 0 0 0 MARGARET MCLARTY 2.00 X 0 0 0 GEORGE WAYNE SMITH 2.00 X 0 0 0 LLEWELLYN M HEIGHAM JR 2.00 X 0 0 0 JUDITH LYNN BANDY STUPP 2.00 X 0 0 0 JACK LAULESS 2.00 X 0 0 0 MICHAEL BRUCE CURRY 2.00 X 0 0 0 DAVID JENNINGS FRAZELLE 2.00 X 0 0 0 ANN WINDON CRAVER 2.00 X 0 0 0 JONATHAN ENGRAM 2.00 X 0 0 0 J SCOTT MAYER 2.00 X 0 0 0 PATRICIA G RUSSELL 2.00 X 0 0 0 DON GRIFFIS 2.00 X 0 0 0 JOHN HILL 2.00 X 0 0 0 MARK J LAWRENCE 2.00 X 0 0 0 JOHN MACREADIE BARR III 2.00 X 0 0 0 WILLIAM CLARKSON 2.00 X 0 0 0 ELIZABETH LEWIS 2.00 X 0 0 0 LEOPOLD FRADE 2.00 X 0 0 0 RICHARD J AGUILAR 2.00 X 0 0 0 EDMUND T HENRY III 2.00 X 0 0 0 ALYSON CROUCH HARDIN 2.00 X 0 0 0 DABNEY T SMITH 2.00 X 0 0 0 KYLE BENNETT 2.00 X 0 0 0 GREGORY A HEARING 2.00 X 0 0 0 DAVID DUNN-RANKIN 2.00 X 0 0 0 JOHN C BAUERSCHMIDT 2.00 X 0 0 0 POLK VAN ZANDT 2.00 X 0 0 0 H E MILLER JR 2.00 X 0 0 0 W A STRINGER 2.00 X 0 0 0 C ANDREW DOYLE 2.00 X 0 0 0 DENA HARRISON 2.00 X 0 0 0 WILLIAM C TREADWELL 2.00 X 0 0 0 WILLIAM A GAGE JR 2.00 X 0 0 0 SETH HINKLEY 2.00 X 0 0 0 ANDREW WALDO 2.00 X 0 0 0 DEEDIE PHILLIPS MARSHALL 2.00 X 0 0 0 MILDRED LEE TANNER 2.00 X 0 0 0 THOMAS H COKER III 2.00 X 0 0 0 DON E JOHNSON 2.00 X 0 0 0 SENTER CROOK 2.00 X 0 0 0 BRUCE STEINHAUER 2.00 X 0 0 0 ROBERT D GOOCH JR 2.00 X 0 0 0 GARY R LILLIBRIDGE 2.00 X 0 0 0 DAVID MITCHELL REED 2.00 X 0 0 0 SEAN MALONEY 2.00 X 0 0 0 KATHRYN YOUNG 2.00 X 0 0 0 PAGE WILSON 2.00 X 0 0 0 D BRUCE MACPHERSON 2.00 X 0 0 0 PAUL D MARTIN 2.00 X 0 0 0 ANDREA MARIE PETROSH 2.00 X 0 0 0 GEORGE KING MUNSON JR 2.00 X 0 0 0 G PORTER TAYLOR 2.00 X 0 0 0 LAWRENCE BRITT 2.00 X 0 0 0 BILL STIEFEL JR 2.00 X 0 0 0 KEMPER WILLIAMS BROWN 2.00 X 0 0 0 ELIZABETH FINCH 2.00 X 0 0 0 HAROLD RAHN 2.00 X 0 0 0 GREGG ROBERTSON 2.00 X 0 0 0 DAVID SHIPPS 2.00 X 0 0 0 DORIS WESTFALL 2.00 X 0 0 0 ELLIOTT HARRIGAN 2.00 X 0 0 0 JACK B HOBSON JR 2.00 X 0 0 0 MICHAEL SULLIVAN 2.00 X 0 0 0 KATHRYN INGRAM THOMPSON 2.00 X 0 0 0 BERT WHITE 2.00 X 0 0 0 BRIAN K BURGESS 2.00 X 0 0 0 STEPHEN GRAY 2.00 X 0 0 0 JANET S MCDONALD 2.00 X 0 0 0 STEWART H THOMAS 2.00 X 0 0 0 DUDLEY M WEST 2.00 X 0 0 0 RUTH SANCHEZ-IMIZCOZ 2.00 X 0 0 0 CYNTHIA S CRYSDALE 2.00 X 0 0 0 SCOTT H WILSON 2.00 X 0 0 0 ELLIOTT FISHER 2.00 X 0 0 0 JOHN MCCARDELL JR 40.00 X 506385 0 73945 JOHN GATTA 40.00 X 177930 0 18204 LINDA LANKEWICZ 40.00 X 173358 0 24767 JETT FISHER 40.00 X 161199 0 97003 JERRY FORSTER 40.00 X 161193 0 51204 LEE ANN AFTON-BACKLUND 40.00 X 158569 0 19710 DONNA PIERCE 40.00 X 149619 0 22213 WILLIAM STAFFORD 40.00 X 123307 0 41287 ERIC HARTMAN 40.00 X 115355 0 22948 PAUL WILEY 40.00 X 98303 0 21415 JOHN SWALLOW 40.00 X 38391 0 38391 JOEL CUNNINGHAM 40.00 X 215100 0 40606 EUGENE PRUNTY 40.00 X 174233 0 33925 FREDERICK CROOM 40.00 X 152573 0 33810 YASMEEN MOHIUDDIN 40.00 X 171864 0 15202 JOHN REISHMAN 40.00 X 144123 0 28951 2721502 0 583581 39 0 1 0 SWEETON HOME RESTORATION 1010 WEST MAIN ST MONTEAGLE TN 37356 CONSTRUCTION 373194 JERRY GARNER DBA GARNER'S PAINTING 72 DUNCAN LANE WINCHESTER TN 37398 PAINTING 252937 CHAMBLISS BAHNER & STOPHEL TWO UNION SQ 1000 TALLAN BLDG CHATTANOOGA TN 37402 LEGAL CONSULTATION 237071 SANITATION DEPT PO BOX 22 MONTEAGLE TN 37356 TRASH REMOVAL 198524 JAYNE SLAGLE DBA NATURAL BRIDGE EVENTS PO BOX 852 SEWANEE TN 37375 CATERING 135517 9 772008 17529649 3731270 18301657 TUITION & FEES 611310 53855237 53855237 AUX. SALES & SERVC 611310 17906022 17906022 EDUC. SALES & SERV 611310 2675900 2675900 74437159 11123175 -159200 11282375 1854993 1854993 32616167 33682710 -1066543 -1066543 -1066543 104650441 74437159 -159200 12070825 19833838 19833838 2230704 925122 1214663 90919 32915605 25653810 5947858 1313937 2995149 2257605 737544 6199033 4825644 899790 473599 2137445 1605050 532395 355651 36033 319618 62300 5150 57150 2640742 2640742 9191117 8222525 863718 104874 382243 331545 49976 722 1576216 1147391 297200 131625 1319208 764726 550661 3821 24804 24804 1063074 935778 87326 39970 2462347 1660765 695415 106167 317503 275624 38507 3372 1271717 1271717 4248088 3765768 482320 674556 407019 264062 3475 RENEWALS & REPLACEMENTS 3313646 2469555 838245 5846 UTILITIES 2787465 2728669 58796 FOOD 1798362 1502388 268459 27515 MISC 1087830 1055707 32123 487626 435091 35922 16613 101376269 82116520 16937294 2322455 5103295 2857733 58598737 74528605 40575793 23253965 791546 881176 43978 69383 2860977 2659562 412482 403381 422698 482070 214684310 75670800 135584421 139013510 291881212 290017749 5957518 5694901 542232657 539862035 7351604 7625043 1657987 1899546 40270012 38177088 7160244 7626475 56439847 55328152 X 173198768 194786456 174618544 150034648 137975498 139712779 485792810 484533883 542232657 539862035 X 3274172 -4533099 X 0 1 1 X 1 1 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 2 3208.00 0 1 1 449.00 10166 X X X 0 0 318709539 10044584 3315401 5533669 7584672 318951183 272487483 5033969 54223352 5698947 7336318 318709539 246098443 11241702 28421915 5498353 7776224 272487483 313206187 6418592 -60013539 5593100 7919697 246098443 0.22000 0.41000 0.37000 1 0 1635425 11337789 12973214 196779 155190417 43918930 111468266 42362725 31751870 10610855 3961175 3961175 139013510 EQUITIES 194204724 F BONDS 73421869 F CASH VALUE OF LIFE INSURANCE 1202663 F ASSETS HELD IN OUTSIDE TRUSTS 21188493 F 290017749 REFUNDABLE ADVANCES 2740808 POSTRETIREMENT BENEFIT OBLIGATIONS 4885667 7626475 104650441 101376269 3274172 -4533099 -4533099 -1258927 79292178 -4533099 -18184422 -22717521 102009699 2640742 2640742 104650441 80551105 0 80551105 2640742 18184422 20825164 101376269 DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS: PART II, LINE 9: CONSERVATION EASEMENT(S) ARE NOT REFLECTED IN THE BALANCE SHEET; INCIDENTAL EXPENSES REFERENCED IN SCHEDULE D PART II, LINE 7 FLOW THROUGH ON THE STATEMENT OF ACTIVITIES. PART III, LINE 1A: THE UNIVERSITY DOES NOT INCLUDE EITHER THE COST OR THE VALUE OF ITS COLLECTIONS ON THE STATEMENT OF FINANCIAL POSITION, NOR DOES IT RECOGNIZE GIFTS OF COLLECTION ITEMS AS REVENUES IN THE STATEMENT OF ACTIVITIES. THE PROCEEDS FROM ITEMS DISPOSED OF ARE REPORTED AS INCREASES IN THE APPROPRIATE CLASS OF NET ASSETS IN THE STATEMENT OF ACTIVITIES. CONTRIBUTED WORKS OF ART, HISTORICAL TREASURES, AND SIMILAR ASSETS THAT ARE NOT ADDED TO COLLECTIONS ARE REPORTED AS ASSETS HELD FOR SALE ON THE STATEMENTS OF FINANCIAL POSITION AT THEIR FAIR MARKET VALUES AT THE DATE OF THE GIFT. PART III, LINE 4: THE UNIVERSITY COLLECTS WORKS OF ART, HISTORICAL TREASURES, AND SIMILAR ASSETS WHICH REFLECT THE HISTORY OF THE INSTITUTION AND/OR SUPPORT ITS EDUCATIONAL PURPOSE. THE COLLECTIONS ARE MAINTAINED FOR PUBLIC EXHIBITION, EDUCATION AND RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FOR FINANCIAL GAIN. COLLECTIONS ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR, AND PRESERVED. AS A MATTER OF POLICY, THE PROCEEDS OF ITEMS IN COLLECTIONS THAT ARE SOLD ARE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUNDS ARE HELD IN PERPETUITY AND THE EARNINGS ARE USED FOR PURPOSES DESIGNATED BY DONORS IN GIFT AGREEMENTS. THESE PURPOSES INCLUDE, BUT ARE NOT LIMITED TO: STUDENT FINANCIAL AID, INTERNSHIPS, FACULTY SUPPORT, FACILITIES, MAINTENANCE, AND OPERATIONS. PART XII, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSE NETTED AGAINST TUITION REVENUE ON FINANCIAL STATEMENTS -18,184,422. PART XIII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSE NETTED AGAINST TUITION REVENUE ON FINANCIAL STATEMENTS 18,184,422. PART X, LINE 2: THE UNIVERSITY ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A MORE LIKELY THAN NOT THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A CUMULATIVE PROBABILITY ASSESSMENT THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. TAX POSITIONS FOR THE UNIVERSITY INCLUDE, BUT ARE NOT LIMITED TO, THE TAX EXEMPT STATUS AND DETERMINATION OF WHETHER INCOME IS SUBJECT TO UNRELATED BUSINESS INCOME TAX; HOWEVER, THE UNIVERSITY HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. 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 THE UNIVERSITY DRAWS A LARGE PERCENTAGE OF ITS STUDENTS FROM A LARGE GEOGRAPHIC SECTION. THE UNIVERSITY FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AND INCLUDES APPROPRIATE STATEMENTS IN ITS RECRUITING, ADMISSIONS, AND SCHOLARSHIP BROCHURES AND CATALOGUES. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 FUNDS FOR FINANCIAL AID TO STUDENTS ARE RECEIVED FROM THE U.S. DEPARTMENT OF EDUCATION FOR COLLEGE WORK STUDY, SUPPLEMENTAL EDUCATION OPPORTUNITY GRANTS; PELL, ACG, AND SMART GRANTS. PERKINS LOANS CONTINUE TO BE DISBURSED FROM THE REVOLVING LOAN FUND. 1 SOUTH ASIA 0 5 PROGRAM SERVICE INSTRUCTION 80275 EAST ASIA & THE PACIFIC 0 5 PROGRAM SERVICE INSTRUCTION 56446 EUROPE 1 10 PROGRAM SERVICE INSTRUCTION 431594 CENTRAL AMERICA & THE CARIBBEAN 0 3 PROGRAM SERVICE INSTRUCTION 32766 SOUTH AMERICA 0 1 PROGRAM SERVICE INSTRUCTION 13045 CENTRAL AMERICA & THE CARIBBEAN 0 0 INVESTMENTS 33137000 1 24 0 0 1 24 33751126 0 33751126 SCHOLARSHIP CENTRAL AMERICA 5 3100 CREDIT TO STUDENTS' ACCOUNTS RECEIVABLE SCHOLARSHIP SOUTH ASIA 2 9150 CREDIT TO STUDENTS' ACCOUNTS RECEIVABLE SCHOLARSHIP EAST ASIA 1 1000 CREDIT TO STUDENTS' ACCOUNTS RECEIVABLE SCHOLARSHIP EUROPE 10 131399 CREDIT TO STUDENTS' ACCOUNTS RECEIVABLE 1 0 0 1 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: SCHOLARSHIP AWARDS ARE CREDITED TO THE STUDENTS' ACCOUNTS RECEIVABLE AT THE UNIVERSITY OF THE SOUTH. CREDIT IS APPLIED DIRECTLY AGAINST TUITION AND FEES CHARGED TO THE STUDENT FOR SUMMER ABROAD PROGRAMS AND ONE SEMESTER ABROAD PROGRAM. SCHEDULE F, PART IV, LINE 1 THE UNIVERSITY WAS A DIRECT TRANSFEROR OF CASH TO 6 DIFFERENT FOREIGN CORPORATIONS (INVESTMENTS) DURING THE TAX YEAR & AN INDIRECT TRANSFEROR OF CASH TO 3 DIFFERENT FOREIGN CORPORATIONS DURING THE TAX YEAR AND HAS COMPLETED THE FORM 926. SCHEDULE F, PART IV, LINE 4 THE UNIVERSITY IS AN INVESTOR IN ONE OR MORE "PASSIVE FOREIGN INVESTMENT COMPANIES" ("PFICS"). THE UNIVERSITY DID NOT RECEIVE ANY TAXABLE DISTRIBUTIONS FROM ANY OF THE PFICS DURING FISCAL YEAR 2012. FORM 8621 IS NOT BEING FILED PURSUANT TO IRS GUIDANCE SET FORTH IN REG. SEC. 1.1291-1(E). 1 SCHOLARSHIPS - STUDENTS ENROLLED AT THE UNIVERSITY OF THE SOUTH 1175 19833838 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: MERIT-BASED SCHOLARSHIPS & NEED-BASED SCHOLARSHIPS AWARDED TO ENROLLED STUDENTS ARE CREDITED TO THE STUDENTS' ACCOUNT TO COVER TUITION & FEES.GRADE REPORTS ARE GENERATED FOR EACH TERM & EACH INDIVIDUAL STUDENT IS REVIEWED TO INSURE THEY ARE MAKING SATISFACTORY ACADEMIC PROGRESS TO MAINTAIN THEIR GRANT/SCHOLARSHIP FUNDING.NOTIFICATIONS ARE SENT BY THE DEAN OF THE COLLEGE TO ALERT DEPARTMENTS OF WITHDRAWALS.ALSO, FINANCIAL AID RUNS ENROLLMENT REPORTS EACH TERM TO CHECK THE NUMBER OF CREDIT HRS FOR EACH STUDENT.OUR THIRD PARTY SOFTWARE IS ALSO CODED TO PREVENT THE CREDIT OF FUNDS TO A STUDENT WITHOUT ENROLLED HRS. X X 1 1 X X X 0 1 0 0 0 0 0 0 0 JOHN MCCARDELL JR 489489 0 0 0 16896 0 36750 0 37647 0 580782 0 0 0 JOHN GATTA 177168 0 0 0 762 0 17604 0 1053 0 196587 0 0 0 LINDA LANKEWICZ 172596 0 0 0 762 0 17957 0 7262 0 198577 0 0 0 JETT FISHER 161061 0 0 0 138 0 16862 0 80594 0 258655 0 0 0 JERRY FORSTER 161055 0 0 0 138 0 16862 0 34795 0 212850 0 0 0 LEE ANN AFTON-BACKLUND 158311 0 0 0 258 0 16000 0 4163 0 178732 0 0 0 DONNA PIERCE 149361 0 0 0 258 0 15403 0 9462 0 174484 0 0 0 WILLIAM STAFFORD 122515 0 0 0 792 0 30715 0 11024 0 165046 0 0 0 JOEL CUNNINGHAM 214338 0 0 0 762 0 33197 0 7862 0 256159 0 0 0 EUGENE PRUNTY 173837 0 0 0 396 0 26515 0 7862 0 208610 0 0 0 FREDERICK CROOM 151502 0 0 0 1071 0 23838 0 10425 0 186836 0 0 0 YASMEEN MOHIUDDIN 171612 0 0 0 252 0 14021 0 1511 0 187396 0 0 0 JOHN REISHMAN 143555 0 0 0 568 0 22141 0 7200 0 173464 0 0 0 PART I, LINE 1A THE UNIVERSITY REQUIRES THE VICE-CHANCELLOR TO OCCUPY THE ON-CAMPUS RESIDENCE PROVIDED FOR HIM. CERTAIN SERVICES ARE PROVIDED WITH THE RESIDENCE SUCH AS A CUSTODIAN. THE PORTION OF THE STRUCTURE ALLOCABLE TO THE PERSONAL LIVING QUARTERS AND THE RELATED SERVICES FOR SUCH QUARTERS ARE INCLUDED IN HIS NON-TAXABLE BENEFITS REPORTED ON SCHEDULE J PART II, COLUMN (D). FRANKLIN CO HEALTH&EDU FACILITIES BOARD 521282324 0353325S1 2005-12-01 13200000 ACADEMIC BLDG&DORM RENOV 0 0 0 FRANKLIN CO HEALTH&EDU FACILITIES BOARD 521282324 NONEAVAIL 2009-07-01 14400000 BOND REDEMPT/ACADBLDG.REN 0 0 0 13200000 87167 13200000 2008 0 0 1 1 14400000 46887 14400000 2010 1 0 1 1 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 0 0 0.00000 0.00000 0.00000 1 1 0 0 1 TRANSAMERICA OCCIDENTAL 1.700000000000 1 0 0 1 1 0 0 0 0 X JERRY FORSTER-EMPLOYEE EDUCATION X 28061 14032 0 1 1 JERRY FORSTER-FAMILY EDUCATION X 26000 13857 0 1 1 JETT FISHER-FAMILY EDUCATION X 24264 8494 0 1 1 PAUL WILEY-EMPLOYEE EDUCATION X 35000 24500 0 1 1 PAUL WILEY-FAMILY EDUCATION X 12000 8500 0 1 1 69383 34358 NEED-BASED SCHOLARSHIP 29000 MERIT-BASED SCHOLARSHIP X 1 0 N/A X 3 8200 APPRAISAL X 0 N/A X 67 583070 QUOTED STOCK PRICES X 1 400000 APPRAISAL X 2 2720000 APPRAISAL & INVOICE X 1 0 N/A X HORSES 2 0 N/A X MISC F&E 3 0 N/A X EQUIPMENT 1 20000 INVOICE 3 0 1 0 NON REPORTING OF REVENUE: PART I, LINE 33: REVENUES ARE NOT RECOGNIZED FOR NON-CASH CONTRIBUTIONS (GIFTS-IN-KIND) WHEN THE RELATED ASSET IS NOT RECOGNIZED ON THE BALANCE SHEET. ORGANIZATION MISSION STATEMENT FORM 990, PART I & III, LINE 1 THE UNIVERSITY OF THE SOUTH IS AN INSTITUTION OF THE EPISCOPAL CHURCH DEDICATED TO THE PURSUIT OF KNOWLEDGE, UNDERSTANDING, AND WISDOM IN CLOSE COMMUNITY AND IN FULL FREEDOM OF INQUIRY, AND ENLIGHTENED BY CHRISTIAN FAITH IN THE ANGLICAN TRADITION, WELCOMING INDIVIDUALS FROM ALL BACKGROUNDS, TO THE END THAT STUDENTS BE PREPARED TO SEARCH FOR TRUTH, SEEK JUSTICE, PRESERVE LIBERTY UNDER LAW, AND SERVE GOD AND HUMANITY. THE COLLEGE OF ARTS AND SCIENCES IS COMMITTED TO THE DEVELOPMENT OF THE WHOLE PERSON THROUGH A LIBERAL ARTS EDUCATION OF THE HIGHEST QUALITY. THE SCHOOL OF THEOLOGY EDUCATES WOMEN AND MEN TO SERVE THE BROAD WHOLE OF THE EPISCOPAL CHURCH IN ORDAINED AND LAY VOCATIONS. PROGRAM SERVICE STATEMENT FORM 990, PART III, LINE 4A INSTRUCTION - THE COLLEGE OF ARTS AND SCIENCES OFFERS A CHALLENGING AND STIMULATING PROGRAM IN THE LIBERAL ARTS WITH AN EMPHASIS ON MASTERY OF FUNDAMENTAL DISCIPLINES. DEGREE REQUIREMENTS ARE RIGOROUS AND EXTENSIVE, AND INCLUDE COMPREHENSIVE EXAMINATIONS IN MAJOR AREAS OF STUDY. THE ACADMIC PROGRAM OF THE COLLEGE OF ARTS AND SCIENCES IS AIMED AT DEVELOPING THE INTELLECT AND CHARACTER OF ITS STUDENTS TO PREPARE THEM FOR LIVES OF SERVICE AND LEADERSHIP. A STUDENT AT SEWANEE IS EXPECTED TO GROW AND MATURE AS A HUMAN BEING, CAPABLE OF RATIONAL ANALYSIS AND MORAL DISCERNMENT AND ABLE TO GIVE EFFECTIVE EXPRESSION TO HIS OR HER IDEAS. THE HIGH EXPECTATIONS PLACED ON STUDENTS ARE BALANCED WITH THE FACULTY'S COMMITMENT TO PERSONAL ATTENTION AND ENCOURAGEMENT. REGARDLESS OF MAJOR, SEWANEE STUDENTS DEVELOP THE ABILITY TO RESEARCH, ANALYZE, SOLVE PROBLEMS, AND EXPRESS THEMSELVES. ONCE DESCRIBED BY THE NEW YORK TIMES AS A "BIT OF OXFORD IN TENNESSEE," SEWANEE HAS AN IMPRESSIVE RECORD OF ACADEMIC ACHIEVEMENT. OFFERING 36 MAJORS, 32 MINORS, AND A NUMBER OF SPECIAL EDUCATIONAL OPPORTUNITIES, THE COLLEGE PREPARES ITS STUDENTS FOR CAREERS IN MANY FIELDS, INTERDISCIPLINARY STUDY, DOUBLE MAJORS, MINORS, AND CONCENTRATIONS ALLOW STUDENTS TO TAILOR THEIR OWN ACADEMIC EXPERIENCE. THE UNIVERSITY ALSO OFFERS A 3/2 ENGINEERING PROGRAM WITH SEVERAL UNIVERSITIES, A 3/2 MASTER'S-LEVEL FORESTRY AND ENVIRONMENTAL STUDIES PROGRAM WITH DUKE UNIVERSITY, A PRE-BUSINESS AND BUSINESS MINOR PROGRAM, AND A TEACHER-TRAINING AGREEMENT WITH PEABODY COLLEGE OF EDUCATION AT VANDERBILT UNIVERSITY. THE UNIVERSITY HAS AN EXCEPTIONALLY STRONG LITERARY TRADITION, WITH THE NATION'S OLDEST CONTINUOUSLY PUBLISHED LITERARY REVIEW, "THE SEWANEE REVIEW," AND A YEARLY WRITERS' CONFERENCE SUPPORTED THROUGH AN ENDOWMENT ESTABLISHED BY PLAYWRIGHT TENNESSEE WILLIAMS. THE UNIVERISTY STRONGLY ENCOURAGES STUDENTS TO HAVE AN INTERNATIONAL EXPERIENCE AND OFFERS A WIDE ARRAY OF PROGRAMS AROUND THE GLOBE. INTERNSHIPS, SERVICE LEARNING COURSES, AND OPPORTUNITIES FOR COLLABORATIVE RESEARCH WITH FACULTY ARE WIDELY AVAILABLE. SEWANEE HAS GRADUATED 26 RHODES SCHOLARS, FIVE OF WHOM RETURNED TO TEACH AT THE UNIVERSITY. THE INSTITUTION COUNTS AMONG ITS GRADUATES NUMEROUS FULBRIGHT SCHOLARS, 42 WATSON POST-GRADUATE FELLOWS, AND 27 NCAA POST-GRADUATE SCHOLARS. FIFTY-FIVE PERCENT OF GRADUATES EARN ADVANCED DEGREES. OF GRADUATES WHO APPLY TO LAW SCHOOL, OVER 90 PERCENT ARE ACCEPTED, AND 85 PERCENT OF THOSE WHO APPLY TO MEDICAL, DENTAL, OR VETERINARY SCHOOL ARE ACCEPTED. THE SCHOOL OF THEOLOGY, AN OUTSTANDING EPISCOPAL SEMINARY, OFFERS STUDY WITHIN THREE DIVISIONS: DEGREE PROGRAMS, EXTENSION PROGRAMS, AND CONTINUING EDUCATION PROGRAMS. OFFERING THE DEGREES OF MASTER OF DIVINITY, MASTER OF ARTS, MASTER OF SACRED THEOLOGY, DOCTOR OF MINISTRY, AND A ONE-YEAR DIPLOMA IN ANGLICAN STUDIES, THE SCHOOL OF THEOLOGY EDUCATED WOMEN AND MEN TO SERVE THE EPISCOPAL CHURCH IN ORDAINED AND LAY VOCATIONS. THE SCHOOL OF LETTERS ENROLLED ITS FIRST SUMMER MASTER'S DEGREE STUDENTS IN 2006 AND GRANTED ITS FIRST MASTER OF FINE ARTS DEGREE IN 2009. IN 2012 THE UNIVERSITY GRANTED 10 MASTER OF FINE ARTS DEGREES AND TWO MASTER OF ARTS DEGREES. THE SCHOOL OF LETTERS ENROLLS STUDENTS FROM ALL OVER THE COUNTRY WHO RANGE IN AGE FROM THEIR 20S TO THEIR 80S AND WHO INCLUDE NOT ONLY TEACHERS BUT LAWYERS, DOCTORS, CLERGY, BUSINESS EXECUTIVES, AND OTHERS. PROGRAM SERVICE STATEMENT FORM 990, PART III, LINE 4B STUDENT SERVICES - UNDERGRADUATE STUDENTS AT SEWANEE ARE INDEPENDENT-MINDED AND HIGH ACHIEVING, ATTRACTED TO THE UNIVERSITY BY THE PROSPECT OF INTENSE INTELLECTUAL ENGAGEMENT WITH FACULTY AND PEERS AND THE OPPORTUNITY TO MAKE MEANINGFUL CONTRIBUTIONS TO THE COMMUNITY AND THE BROADER WORLD. TO THOSE ENDS, A WIDE RANGE OF CO-CURRICULAR ACTIVITIES ARE AVAILABLE TO DEVELOP LEADERSHIP. MORE THAN 100 CLUBS, ORGANIZATIONS, AND SOCIAL GROUPS PROVIDE INTERACTION AMONG THE MEMBERS OF THE UNIVERSITY AND THE SEWANEE COMMUNITY. ABOUT 60 PERCENT OF THE STUDENT BODY JOINS FRATERNITIES OR SORORITIES. MORE THAN HALF OF SEWANEE STUDENTS ARE ACTIVE IN SOME TYPE OF COMMUNITY SERVICE, AND STUDENTS SERVE ON THE SEWANEE VOLUNTEER FIRE DEPARTMENT AND THE SEWANEE EMERGENCY MEDICAL SERVICE SQUADS. SERVICE IS AN IMPORTANT PART OF MANY STUDENTS' EXPERIENCE AT SEWANEE. THERE ARE NEARLY TWO DOZEN SERVICE ORGANIZATIONS ON CAMPUS, ALL STUDENT-LED. EACH YEAR, MORE THAN 100 STUDENTS USE THEIR SPRING BREAK TO SERVE OTHERS IN PLACES SUCH AS HAITI, JAMAICA, ECUADOR, MIAMI, NEW YORK CITY, AND NEW ORLEANS. THE UNIVERSITY'S VERSION OF HABITAT FOR HUMANITY, KNOWN AS HOUSING SEWANEE, IS NOW IN ITS 19TH YEAR AND HAS COMPLETED MORE THAN 15 HOUSES FOR RESIDENTS IN SEWANEE AND FRANKLIN COUNTY. THE UNIVERSITY HAS 11 MEN'S, 12 WOMEN'S, AND 1 COED VARSITY SPORTS, INCLUDING FOOTBALL, MEN'S AND WOMEN'S LACROSSE, AND THE EQUESTRIAN PROGRAM. MORE THAN HALF OF THE UNDERGRADUATES PARTICIPATE IN INTRAMURAL SPORTS INCLUDING INDOOR SOCCER AND BASKETBALL. NUMBEROUS CLUB LEVEL SPORTS, INCLUDING A VERY POPULAR ROWING PROGRAM AND RUGBY, HAVE MET WITH SUCCESS IN COMPETITION WITH OTHER INSTITUTIONS. THE SEWANEE OUTING PROGRAM WAS FOUNDED TO GIVE STUDENTS GUIDED PARTICIPATION IN OUTDOOR ACTIVITIES BOTH ON AND OFF THE DOMAIN, INCLUDING ROCK CLIMBING, RAPPELLING, MOUNTAIN BIKING, CANOEING, AND KAYAKING. ITS OFFERS STUDENTS THE CHANCE TO EXPLORE THE OUTDOOR ENVIRONMENT OF THE DOMAIN AND TO DEVELOP AS OUTDOOR TRIP LEADERS. PROGRAM SERVICE STATEMENT FORM 990, PART III, LINE 4C HOUSING AND AUXILIARY SERVICES - SUPPORT SERVICES FOR STUDENTS, FACULTY AND STAFF ARE DESIGNED AND OPERATED TO COMPLEMENT AND STRENGTHEN THE INSTRUCTIONAL PROGRAMS OF THE UNIVERSITY. ALL UNDERGRADUATE STUDENTS, EXCEPT MARRIED STUDENTS AND THOSE LIVING AT HOME WITH THEIR FAMILIES, LIVE IN UNIVERSITY-APPROVED HOUSING, PRIMARILY COLLEGE RESIDENCE HALLS. IN KEEPING WITH THE PHILOSOPHY OF BUILDING COMMUNITY AMONG THE STUDENT BODY, STUDENTS ARE NOT ASSIGNED TO RESIDENCE HALLS ACCORDING TO CLASS, FRATERNITY OR SORORITY AFFILIATION, ATHLETICS, OR ACADEMIC DEPARTMENT. STUDENTS CHOOSE FROM AMONG COED OR SINGLE-SEX HALLS; SUBSTANCE-FREE HOUSING IS THE CHOICE AMONG A STEADY NUMBER OF STUDENTS. THERE ARE SEVERAL FOREIGN LANGUAGE HOUSES, AND A "GREEN HOUSE," WHERE STUDENTS LIVE IN AN INTENTIONAL COMMUNITY FOCUSED ON SUSTAINABLE LIVING. THEMATIC RESIDENTIAL CHOICES WITHIN RESIDENCE HALLS INCLUDE SPACES FOR STUDENTS INTERESTED IN ENVIRONMENTAL POLICY, COMMUNITY SERVICE AND OTHER ACTIVITIES. LIVING LEARNING COMMUNITIES ARE THEME-BASED RESIDENCE HALLS WHERE FIRST-YEAR STUDENTS EXPERIENCE CO-CURRICULAR AND SOCIAL OPPORTUNITIES THAT COMPLEMENT THE CLASSROOM EXPERIENCE. PARTICIPATION, WHICH IS VOLUNTARY, CONNECTS STUDENTS AND FACULTY ADVISORS IN AREAS OF THEIR INTELLECTUAL INTERESTS AND ENGAGES STUDENTS IN MEANINGFUL RELATIONSHIPS AND EXPERIENCES. RESEARCH INDICATES THAT THE LIVING-LEARNING COMMUNITIES ARE HAVING A SALUTARY EFFECT ON RETENTION, ACADEMIC PERFORMANCE, AND STUDENT CONDUCT. A SOPHISTICATED AND COMPREHENSIVE DINING SERVICE OPTION ENSURES THAT AN ARRAY OF HEALTHY FOOD CHOICES IS AVAILABLE TO STUDENTS. SOME FOOD ITEMS ARE PRODUCED BY LOCAL GROWERS; FOOD WASTE IS COMPOSTED; AND CARE IS TAKEN TO EXERCISE SOCIAL RESPONSIBILITY IN THE PURCHASE OF FOOD AND IN THE CONSUMPTION OF ENERGY NEEDED TO PREPARE IT AND TO WASH UTENSILS AND DISHWARE. FORM 990, PART III, LINE 4D RESEARCH - WHILE OUTSTANDING TEACHING IS THE PRIMARY FOCUS OF THE FACULTY'S WORK WITH BOTH UNDERGRADUATE AND GRADUATE STUDENTS, THE COMPLEMENTARY NATURE OF RESEARCH THAT INFORMS INSTRUCTION AND CREATES NEW KNOWLEGE IS INTEGRAL TO THE FACULTY'S SCHOLARLY LIFE AT THE UNIVERSITY. EACH YEAR AN IMPRESSIVE ARRAY OF SCHOLARLY WORK IS PRODUCED BY THE FACULTY, SUPPORTED BY A PROGRAM OF SABBATICAL LEAVE FOR JUNIOR AND SENIOR FACULTY ALIKE. IN 2011-12, MEMBERS OF THE FACULTY WERE AWARDED NEARLY $882,245 IN NATIONAL AND INTERNATIONAL GRANTS SUPPORTING RESEARCH IN THE ARTS AND HUMANITIES, SOCIAL SCIENCES, AND THE PHYSICAL, ENVIRONMENTAL, AND LIFE SCIENCES. MORE SIGNIFICANTLY, FACULTY ACROSS THE DISCIPLINES INVOLVE STUDENTS IN THEIR RESEARCH WHILE ALSO CREATING OPPORTUNITIES FOR STUDENTS TO CONDUCT ORIGINAL RESEARCH OF THEIR OWN DURING THE ACADEMIC YEAR OR THE SUMMER. MUCH OF THE WORK IS COORDINATED THROUGH AN OFFICE OF UNDERGRADUATE RESERACH WHICH PROMOTES CLOSE FACULTY-STUDENT INTERACTION IN RESEARCH, AND ALSO COORDINATES ACCESS TO THESE OPPORTUNITIES. OPERATION AND MAINTENANCE OF PLANT - THE UNIVERSITY OWNS AND MAINTAINS MORE THAN 100 BUILDINGS WITH A TOTAL OF ALMOST 1.5 MILLION SQUARE FEET FOR ACADEMIC INSTRUCTION, STUDENT SERVICES, AND RESIDENCE HALLS. THIRTY-FOUR OF THESE ARE RESIDENCE HALLS, INCLUDING SEVERAL FOREIGN LANGUAGE HOUSES, A COMMUNITY ENGAGEMENT HOUSE AND A GREEN HOUSE, WHERE STUDENTS LIVE IN AN INTENTIONAL COMMUNITY FOCUSED ON SUSTAINABLE LIVING. AN ADDITIONAL 136 UNIVERSITY STRUCTURES (WITH ANOTHER 337,306 SQUARE FEET) ARE USED AS RENTAL HOUSING, PRIMARILY FOR MEMBERS OF FACULTY AND STAFF. THE OLDEST UNIVERSITY BUILDING DATES TO 1866; THE NEWEST WAS COMPLETED IN 2011. ALMOST ALL CAMPUS BULDINGS (INCLUDING RESIDENCE HALLS AND ACADEMIC BUILDINGS) HAVE WIRELESS INTERNET ACCESS. ALL BUILDINGS HAVE WIRED CONNECTIVITY. THE BUILDINGS OF THE UNIVERSITY ARE CONSTRUCTED PRIMARILY OF NATIVE SANDSTONE, MUCH OF IT QUARRIED FROM THE UNIVERSITY'S DOMAIN. THE PREDOMINANT ARCHITECTURAL STYLE IS GOTHIC, A REMINDER OF SEWANEE'S TIES TO THE MEDIEVAL UNIVERSITIES OF ENGLAND AND EUROPE. IN THE PAST DECADE, NEW CONSTRUCTION AND RENOVATION OF ACADEMIC AND RESIDENTIAL FACILITIES HAVE CREATED AN ATTRACTIVE ENVIRONMENT FOR LEARNING AND LIVING. SOME KEY CAMPUS FACILITIES INCLUDE: *SPENCER HALL, WHICH OPENED IN 2008, ADDING 47,000 SQUARE FEET TO THE UNIVERSITY'S SCIENCE TEACHING AND RESEARCH FACILITIES. IT GREATLY EXPANDED CLASSROOMS AND LABORATORIES FOR ENVIRONMENTAL SCIENCE AND CHEMISTRY, WHILE ALSO CREATING SPACE FOR A NEW BIOCHEMISTRY MAJOR. ENVIRONMENTALLY SENSITIVE AND CERTIFIED FOR LEADERSHIP IN ENERGY AND ENVIRONMENTAL DESIGN (LEED) SILVER, THE BUILDING'S FACADE BLENDS WITH THE GOTHIC ARCHITECTURE OF SEWANEE'S MAIN ACADEMIC QUADRANGLE WHILE ITS INTERIORS ARE MODERN AND OPEN, CONDUCIVE TO "SCIENCE IN SIGHT" DESIGN. *SNOWDEN HALL, WHICH REOPENED IN 2010 AFTER A RENOVATION AND EXPANSION THAT MORE THAN DOUBLED ITS SIZE, FEATURES NEW LABS, CLASSROOMS, RESOURCE ROOMS, AND RESEARCH SPACE FOR THE STUDY OF FORESTRY, GEOLOGY, AND ENVIRONMENTAL SCIENCES. THE UNIVERSITY'S FIRST LEED GOLD BUILDING, SNOWDEN'S GREEN FEATURES INCLUDE SOLAR PANELS (THE FIRST LARGE-SCALE INSTALLATION ON CAMPUS.) RE-USE OF THE BUILDING'S EXISTING WOOD PANELING, ENERGY-EFFICIENT WINDOWS, LOCAL AND RECYCLED MATERIALS, AND THE UNIVERSITY'S FIRST STORMWATER MANAGEMENT PRACTICES. THE RENOVATION STRENGTHENS THE BASE OF TECHNICAL SUPPORT - CLASSROOM AND LAB WORK AND ANALYSIS - THAT SNOWDEN PROVIDES FOR THE RESEARCH AND TEACHING DONE IN THE FIELD USING THE RESOURCES OF THE DOMAIN. *FOWLER SPORT AND FITNESS CENTER, BUILT IN 1994 AND USED BY THE UNIVERSITY AND COMMUNITY MEMBERS ALIKE, IS THE CENTERPIECE OF THE UNIVERSITY'S ATHLETIC FACILITIES. *MCCLURG DINING HALL, BUILT IN 2001 COMPLETELY OF NATIVE SANDSTONE, WITH 42,000 SQUARE FEET AND THE CAPACITY TO SERVE 1,500 DINERS. *TENNESSEE WILLIAMS CENTER, A UNIQUE, STATE-OF-THE-ART TEACHING THEATER FOR STUDENTS AND FACULTY OF SEWANEE'S DEPARTMENT OF THEATRE ARTS. *JESSIE BALL DUPONT LIBRARY, WITH PRINCIPAL LIBRARY HOLDINGS NUMBERING MORE THAN 730,000 VOLUMES, AND EXTENSIVE ELECTRONIC DATABASES AND ONLINE JOURNALS FOR STUDENTS, FACULTY, AND STAFF. *ALL SAINTS' CHAPEL, COMPLETED IN 1957 FOR THE CELEBRATION OF THE 100TH ANNIVERSARY OF THE UNIVERSITY, WHICH SITS AT THE CENTER OF CAMPUS. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF TRUSTEES HAS DESIGNATED THE BOARD OF REGENTS AS THE EXECUTIVE BODY OF THE UNIVERSITY. THE BOARD OF REGENTS IS VESTED WITH ALL THE POWERS AND AUTHORITY GRANTED IN THE UNIVERSITY'S CHARTER, EXCEPT SUCH POWERS EXPRESSLY RESERVED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE OF THE BOARD OF REGENTS REVIEWS THE 990 IN DETAIL. THE COMMITTEE THEN PROVIDES THE BOARD OF REGENTS COPIES FOR CONSIDERATION BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C IN ACCORDANCE WITH THE UNIVERSITY'S CONFLICT OF INTEREST POLICY, THE POLICY AND CONFLICT DISCLOSURE FORMS SHALL BE CIRCULATED ANNUALLY BY MEMBERS OF THE EXECUTIVE OFFICE'S STAFF TO TRUSTEES, REGENTS, OFFICERS, AND OTHERS DESIGNATED BY THE VICE CHANCELLOR. THE COMPLETED DISCLOSURE FORMS SHALL BE REVIEWED BY LEGAL COUNSEL OR HER/HIS DESIGNEE FOR THE PURPOSES OF MONITORING COMPLIANCE WITH THE POLICY AND DETERMINING WHAT ACTION, IF ANY, IS NEEDED REGARDING DISCLOSED CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF REGENTS REVIEWS POLICIES AND PRACTICES FOR EXECUTIVE COMPENSATION TO ENSURE THEY ARE GENERALLY CONSISTENT WITH SURVEY DATA FROM COMPARABLE INSTITUTIONS FOR COMPARABLE POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. GOVERNING DOCUMENTS ARE ALSO AVAILABLE AT: HTTP://ABOUT.SEWANEE.EDU/TRUSTEES/DOCUMENTS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -4,533,099.