2013-11-07T11:52:33-06:00 2013-06-30 521855942 TATE & TRYON 2021 L STREET NW WASHINGTON DC 20036 990 2012-07-01 521945674 ASSOCIATION OF AMERICAN COLLEGES AND UNIVERSITIES ASSO 2023873760 1818 R STREET NW WASHINGTON DC 20009 CAROL GEARY SCHNEIDER 2023873760 2013-11-07 1 ELIZABETH W HELLER P00397829 2022932200 2012 2015-11-30 17:44:51Z CAROL GEARY SCHNEIDER 1818 R STREET NW WASHINGTON DC 20009 11072566 0 X WWW.AACU.ORG X 1994 DC THE MISSION OF THE ASSOCIATION OF AMERICAN COLLEGES AND UNIVERSITIES (AAC&U) IS TO MAKE LIBERAL EDUCATION AND INCLUSIVE EXCELLENCE THE FOUNDATION FOR INSTITUTIONAL PURPOSE AND EDUCATIONAL PRACTICE IN HIGHER EDUCATION. 29 28 59 26 18890 5105 3447386 3782093 6514535 6913708 172068 74891 8509 12921 10142498 10783613 776671 1405898 0 0 5081886 5184088 0 0 314392 4092182 3851051 9950739 10441037 191759 342576 12079852 11734386 6384985 5331663 5694867 6402723 X THE MISSION OF THE ASSOCIATION OF AMERICAN COLLEGES AND UNIVERSITIES (AAC&U) IS TO MAKE LIBERAL EDUCATION AND INCLUSIVE EXCELLENCE THE FOUNDATION FOR INSTITUTIONAL PURPOSE AND EDUCATIONAL PRACTICE IN HIGHER EDUCATION. 0 0 5902082 1405898 62753 PROGRAMS TO STUDY AND RESEARCH EDUCATIONAL PROBLEMS AND ISSUES COMMON TO ALL MEMBERS OF THE ASSOCIATION. AAC&U WORKS WITH MEMBER INSTITUTIONS TO ADDRESS THE BROAD INDIVIDUAL AND SOCIETAL PURPOSES OF LIBERAL EDUCATION. 1305324 2629357 MEETINGS AND OTHER COMMUNICATIONS OF THE ASSOCIATION WITH ITS MEMBERS REGARDING ISSUES AFFECTING HIGHER EDUCATION. THE ANNUAL MEETING, HELD EACH JANUARY, ATTRACTS OVER 1,300 ATTENDEES. THREE INSTITUTES AND FOUR TOPICAL MEETINGS WERE ALSO HELD. 248415 246928 AAC&U PUBLICATIONS FOCUS ON TEACHING, LEARNING, CURRICULUM, AND ACADEMIC LEADERSHIP. JOURNALS AND OTHER MATERIALS ARE PUBLISHED TO PROVIDE THE MEMBERSHIP WITH INFORMATION ON METHODS OF EDUCATION. EACH ISSUE OF OUR THREE PERIODICALS IS DISTRIBUTED TO APPROXIMATELY 7,000 MEMBERS AND PAID SUBSCRIBERS. WE ALSO HAVE OVER 80 PUBLICATION TITLES AVAILABLE FOR SALE. 198685 3974670 MEMBERSHIP SERVICES RECRUITS NEW MEMBERS, DEVELOPS STRATEGIES TO RETAIN MEMBERS, ASSESSES MEMBER SATISFACTION, ANSWERS MEMBER INQUIRIES, PREPARES MATERIALS CONCERNING MEMBER BENEFITS, AND MAINTAINS MEMBERSHIP RECORDS. 198685 3974670 7654506 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 92 0 1 59 1 1 1 0 0 0 0 0 0 0 0 0 X 29 28 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NC CA GA MD NJ NY PA VA IN IL CO CT FL AL AK AZ AR DC KS MA ME MS MN NH OH OR SC TN WA WI KY MI NM OK RI UT WV X THE ASSOCIATION 2023873760 1818 R STREET NW WASHINGTON DC 20009 DR MILDRED GARCIA 5.00 X X 0 0 0 DR KENNETH P RUSCIO 5.00 X X 0 0 0 DR BOBBY FONG 5.00 X X 0 0 0 DR ROBERT J STERNBERG 5.00 X X 0 0 0 JOHNELLA BUTLER 3.00 X 0 0 0 DR JAMES P COLLINS 3.00 X 0 0 0 DR SEAN DECATUR 3.00 X 0 0 0 DR CHARLENE DUKES 3.00 X 0 0 0 RICARDO FERNANDEZ 3.00 X 0 0 0 RICHARD GUARASCI 3.00 X 0 0 0 DR DIANNE F HARRISON 3.00 X 0 0 0 DR DAVID C HODGE 3.00 X 0 0 0 DR ALEX JOHNSON 3.00 X 0 0 0 ALLISON G JONES 3.00 X 0 0 0 DARCY B KELLEY 3.00 X 0 0 0 DR SYLVIA MANNING 3.00 X 0 0 0 HOLIDAY HART MCKIERNAN 3.00 X 0 0 0 DR LESTER P MONTS 3.00 X 0 0 0 BRIAN MURPHY 3.00 X 0 0 0 ROBERT L NIEHOFF 3.00 X 0 0 0 ELSA NUNEZ 3.00 X 0 0 0 EDWARD J RAY 3.00 X 0 0 0 DR SIDNEY A RIBEAU 3.00 X 0 0 0 MICHAEL S ROTH 3.00 X 0 0 0 LUCILLE JORDAN 3.00 X 0 0 0 DR THEDA SKOCPOL 3.00 X 0 0 0 SANFORD J UNGAR 3.00 X 0 0 0 MARC ROY 3.00 X 0 0 0 CAROL GEARY SCHNEIDER 45.00 X X 289624 0 112938 CARYN MUSIL 35.00 X 149751 0 28850 MICHELLE HANNAHS 35.00 X 131755 0 28208 TERRY RHODES 35.00 X 154750 0 37431 ELIZABETH O'SHEA 35.00 X 114990 0 20355 DEBRA HUMPHREYS 35.00 X 134914 0 25187 SUSAN ELROD 35.00 X 127314 0 9565 SUSAN ALBERTINE 35.00 X 143902 0 25975 BETHANY SUTTON 35.00 X 114336 0 26281 1361336 0 314790 11 0 1 0 ALMA CLAYTON-PEDERSEN 13621 NORTH GATE DRIVE SILVER SPRING MD 20906 FACILITATOR OF PROJECT ACTIVITIES 120250 1 938267 2843826 3782093 MEMBERSHIP DUES 900099 3974670 3974670 CONFERENCES 900099 2527457 2527457 PUBLICATIONS 511120 246928 246928 MEETING SPONSORSHIPS 900099 101900 83010 18890 EDUCATIONAL PROGRAMS 900099 62753 62753 6913708 66650 66650 2041 2041 297194 288953 8241 8241 8241 OTHER INCOME 900099 10880 10880 10880 10783613 6894818 18890 87812 846455 846455 548443 548443 11000 11000 939121 601070 285174 52877 3231348 2120948 920825 189575 307430 170939 122376 14115 433818 284941 125348 23529 272371 182366 73286 16719 40820 40820 5600 5600 827413 726470 100729 214 23372 21527 1845 580568 351045 228846 677 79126 11005 68121 291706 233025 49372 9309 1115523 1059590 55230 703 145256 145256 30432 30432 UBI 1384 1384 PRINTING & PUBLICATIONS 262914 248395 14032 487 CREDIT CARD FEES 86901 86901 TEMPORARY HELP 73802 43677 30125 286234 106709 173338 6187 10441037 7654506 2472139 314392 230705 276946 806714 102702 441126 399863 63191 21824 127996 101314 2608820 1864047 701936 744773 9354356 9843514 353828 243450 12079852 11734386 442693 611701 2222188 2163455 3720104 2556507 6384985 5331663 X 4986464 5673974 592403 612749 116000 116000 5694867 6402723 12079852 11734386 X 342576 13759 351521 X X 0 1 X 1 1 1 X 7441694 5872700 6289634 7278486 7756763 34639277 2032052 2448776 2850007 2668023 2939038 12937896 9473746 8321476 9139641 9946509 10695801 47577173 2261261 1342713 1359400 1811672 1637120 8412166 0 2261261 1342713 1359400 1811672 1637120 8412166 39165007 128514 80583 126360 88337 68691 492485 5434 5141 4339 14914 128514 80583 131794 93478 73030 507399 12286 14351 307 6500 10880 44324 9614546 8416410 9271742 10046487 10779711 48128896 0.81380 0.79320 0.01050 0.01530 X SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: INCOME FROM ACTIVITIES NOT NORMALLY RECURRING RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 124226 200 15077 139503 123711 3094 2579 124226 72200 52989 264 1742 123711 72380 265 55 500 72200 74102 150 1702 3574 72380 0.83150 0.16850 0 0 96350 96350 56922 56922 1186508 843281 343227 1269040 1020766 248274 744773 MONEY MARKET FUNDS 2184179 F MUTUAL FUNDS 905469 F VANGUARD ADMIRAL FUND 6753866 F 9843514 REFUNDABLE ADVANCES 1892723 ACCRUED POST RETIREMENT MEDICAL BENEFITS 420334 DEFERRED COMPENSATION 243450 2556507 X 10814872 13759 17500 31259 10783613 0 10783613 10458537 17500 17500 10441037 0 10441037 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ASSOCIATION'S ENDOWMENT CONSISTS OF CONTRIBUTIONS FROM THE FORD FOUNDATION FOR A RESEARCH AND DEVELOPMENT FUND, THE EARNINGS OF WHICH ARE TO BE USED TO IMPROVE THE STATUS OF WOMEN ON CAMPUS, AND CONTRIBUTIONS FROM ELISABETH A. ZINSER ENDOWMENT FUND FOR INNOVATION IN LIBERAL EDUCATION. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ASSOCIATION BELIEVES IT HAS APPROPRIATE SUPPORT FOR INCOME TAX POSITIONS TAKEN. THEREFORE, MANAGEMENT HAS NOT IDENTIFIED ANY UNCERTAIN INCOME TAX POSITIONS. THE JUNE 30, 2010 THROUGH 2013 TAX YEARS REMAIN OPEN FOR EXAMINATION BY TAXING AUTHORITIES. 1 NORTH AMERICA 0 0 GRANTMAKING 11000 0 0 0 0 0 0 11000 0 11000 NORTH AMERICA SEMINAR GRANT AND PROGRAM DEVELOPMENT AWARD 11000 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: GRANT RECIPIENTS ARE REQUIRED TO SUBMIT REPORTS CONCERNING HOW FUNDS WERE SPENT. ALSO SITE VISITS ARE MADE BY AAC&U STAFF TO SOME GRANT RECIPIENTS. 1 AASCU 1307 NEW YORK AVE NW 5TH FLOOR WASHINGTON DC 20005 520747578 501C3 15000 BRIDGING CULTURES PROJECT ADMINISTRATORS OF THE TULANE EDUCATIONAL FUND 6823 ST CHARLES AVE NEW ORLEANS LA 70118 720423889 501C3 37500 DEMO SITE PROGRAM BAY PATH COLLEGE 588 LONGMEADOW STREET LONGMEADOW MA 01106 042103865 501C3 7000 PROGRAM DEVELOPMENT AWARD BLUE RIDGE COMMUNITY COLLEGE ONE COLLEGE LANE WEYERS CAVE VA 24486 541268283 115 15000 QUALITY COLLABORATIVES AWARD CALIFORNIA STATE UNIVERSITY - NORTHRIDGE 18111 NORDHOFF ST NORTHRIDGE CA 91330 954358677 115 15000 QUALITY COLLABORATIVES AWARD CALIFORNIA STATE UNIVERSITY FOUNDATION 401 GOLDEN SHORE LONG BEACH CA 90802 956123757 501C3 15000 QUALITY COLLABORATIVES AWARD CARLETON COLLEGE ONE NORTH COLLEGE ST NORTHFIELD MN 55057 410694747 501C3 7500 SERC WORK W/SISL PROJECT CARLOW COLLEGE 3333 FIFTH AVENUE PITTSBURGH PA 15213 250965438 501C3 10000 PROGRAM DEVELOPMENT AWARD CORNELL COLLEGE 341 PINE TREE RD ITHACA NY 148502820 150532082 115 10000 PROGRAM DEVELOPMENT AWARD COUNCIL ON POSTSECONDARY EDUCATION 1024 CAPITAL CENTER DRIVE SUITE 320 320 FRANKFURT KY 40601 610600439 115 15000 QUALITY COLLABORATIVES AWARD COUNTY COLLEGE OF MORRIS 214 CENTER GROVE RD RANDOLPH NJ 07869 221817724 115 7500 BRIDGING CULTURES PROJECT CUNY- GRADUATE CENTER 365 5TH AVE NEW YORK NY 100164309 352189280 115 37500 DEMO SITE PROGRAM DEPARTMENT OF HIGHER EDUCATION ONE ASHBURN PLACE BOSTON MA 02108 046002284 115 15000 QUALITY COLLABORATIVES AWARD DREW UNIVERSITY 36 MADISON AVE MADISON NJ 07940 221487164 115 10000 PROGRAM DEVELOPMENT AWARD DUQUESNE UNIVERSITY 600 FORBES AVE PITTSBURGH PA 15282 251035663 115 10000 PROGRAM DEVELOPMENT AWARD ELON UNIVERSITY 370 ANTIOCH ST ELON NC 27244 560532303 501C3 7500 PROGRAM DEVELOPMENT AWARD EXCELENCIA IN EDUCATION 1717 N STREET NW WASHINGTON DC 20036 200927912 501C3 15000 TG SUBAWARD GRANT FITCHBURG STATE UNIVERSITY 160 PEARL STREET FITCHBURG MA 01420 046002284 115 15000 QUALITY COLLABORATIVES AWARD GEORGIA PERIMETER COLLEGE 3251 PANTHERSVILLE RD DECATUR GA 300343832 581660133 115 700 SEMINAR GRANT GEORGIA PERIMETER COLLEGE 3251 PANTHERSVILLE RD DECATUR GA 300343832 581660133 115 7500 BRIDGING CULTURES PROJECT INDIANA UNIVERSITY FINANCIAL MANAGEMENT SERVICES PO BOX 66057 INDIANAPOLIS IN 46266 356001673 501C3 15000 QUALITY COLLABORATIVES AWARD IVY TECH COMMUNITY COLLEGE- LAFAYETTE 3101 S CREASY LANE LAFAYETTE IN 47905 351180631 501C3 1000 SEMINAR GRANT IVY TECH COMMUNITY COLLEGE OF INDIANA 50 WEST FALL CREEK PARKWAY NORTH DRIVE INDIANAPOLIS IN 46208 351180631 115 15000 QUALITY COLLABORATIVES AWARD J SARGEANT REYNOLDS COMMUNITY COLLEGE PO BOX 85622 RICHMOND VA 23285 541268266 501C3 15000 QUALITY COLLABORATIVES AWARD JAMES MADISON UNIVERSITY MSC 5713 1031 HARRISON ST JMAC-6 SUITE 26 HARRISONBURG VA 22807 546001756 501C3 15000 QUALITY COLLABORATIVES AWARD KENTUCKY COMMUNITY AND TECHNICAL COLLEGE 600 COLLEGE ST ELIZABETHTOWN KY 42701 611320380 115 15000 QUALITY COLLABORATIVES AWARD LONE STAR COLLEGE SYSTEM 5000 RESEARCH FOREST DR THE WOODLANDS TX 77381 741734884 501C3 7500 BRIDGING CULTURES PROJECT LOS ANGELES COMMUNITY COLLEGE 6201 WINNETKA AVENUE WOODLAND HILLS CA 91371 952587353 115 15000 QUALITY COLLABORATIVES AWARD MARICOPA COMMUNITY COLLEGE 2411 W 14TH STREET TEMPE AZ 85281 860185552 115 7500 BRIDGING CULTURES PROJECT MIAMI DADE COLLEGE 11380 NW 27TH AVE MIAMI FL 33167 591210485 115 7500 BRIDGING CULTURES PROJECT MIDDLESEX COMMUNITY COLLEGE 100 TRAINING HILL RD MIDDLETOWN CT 06457 042720058 501C3 15000 QUALITY COLLABORATIVES AWARD MIDDLESEX COMMUNITY COLLEGE 100 TRAINING HILL RD MIDDLETOWN CT 06457 042720058 501C3 1000 SEMINAR GRANT MIDDLESEX COMMUNITY COLLEGE 100 TRAINING HILL RD MIDDLETOWN CT 06457 042720058 501C3 7500 BRIDGING CULTURES PROJECT MOUNT WASCHUSETT COMMUNITY COLLEGE 444 GREEN ST GARDNER MA 01440 046002284 115 15000 QUALITY COLLABORATIVES AWARD MOUNT WASCHUSETT COMMUNITY COLLEGE 444 GREEN ST GARDNER MA 01440 046002284 115 7500 BRIDGING CULTURES PROJECT NORTH DAKOTA UNIVERSITY SYSTEM 600 E BOULEVARD AVE BISMARCK ND 585050230 431974004 115 20000 QUALITY COLLABORATIVES AWARD OREGON UNIVERSITY SYSTEM PO BOX 488 CORVALLIS OR 973390488 936001786 115 15000 QUALITY COLLABORATIVES AWARD PARK UNIVERSITY 8700 NW RIVER PARK DR PARKVILLE MO 641523795 440562048 115 7500 PROGRAM DEVELOPMENT AWARD RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK 230 WEST 41 ST NEW YORK NY 10036 131988190 501C3 7500 BRIDGING CULTURES PROJECT RHODES COLLEGE 2000 NORTH PARKWAY MEMPHIS TN 38112 620476301 501C3 7500 PROGRAM DEVELOPMENT AWARD SALT LAKE COMMUNITY COLLEGE 4600 S REDWOOD RD SALT LAKE CITY UT 84130 876000448 501C3 15000 QUALITY COLLABORATIVES AWARD SANTA FE COLLEGE 3000 NW 83RD ST GAINESVILLE FL 32606 591207627 501C3 7500 BRIDGING CULTURES PROJECT ST OLAF COLLEGE OFFICE OF INSTITUTIONAL RESEARCH AND EVALUATION NORTHFIELD MN 55057 410693979 501C3 7000 SEMINAR GRANT STATE COUNCIL OF HIGHER EDUCATION 101 N 14TH ST RICHMOND VA 23219 546020516 115 15000 QUALITY COLLABORATIVES AWARD TRUSTEES OF TUFTS COLLEGE 10 UPPER CAMPUS RD MEDFORD MA 02155 042103634 501C3 37500 DEMO SITE PROGRAM UNIVERSITY OF HAWAI- HONOLULU 2440 CAMPUS RD HONOLULU HI 96822 996000354 501C3 7500 BRIDGING CULTURES PROJECT UNIVERSITY OF LA VERNE 1950 3RD ST LA VERNE CA 917504443 951644026 115 1000 SEMINAR GRANT UNIVERSITY OF LA VERNE 1950 3RD ST LA VERNE CA 917504443 951644026 115 10000 PROGRAM DEVELOPMENT AWARD UNIVERSITY OF LOUISVILLE 2301 S THIRD ST LOUISVILLE KY 40292 611014882 115 15000 QUALITY COLLABORATIVES AWARD UNIVERSITY OF MASSACHUSETTS - LOWELL 600 SUFFOLK ST LOWELL MA 01854 043167352 501C3 15000 QUALITY COLLABORATIVES AWARD UNIVERSITY OF MONTANA 32 CAMPUS DR MISSOULA MT 59812 816001713 115 1000 SEMINAR GRANT UNIVERSITY OF MONTANA 32 CAMPUS DR MISSOULA MT 59812 816001713 115 6800 PROGRAM DEVELOPMENT AWARD UNIVERSITY OF NORTH CAROLINA - CHARLOTTE 9201 UNIVERSITY CITY BOULEVARD CHARLOTTE NC 28223 560791228 501C3 10000 PROGRAM DEVELOPMENT AWARD UNIVERSITY OF NORTH CAROLINA- WILMINGTON 601 S COLLEGE BOARD WILMINGTON NC 28403 561258660 115 6000 PROGRAM DEVELOPMENT AWARD UNIVERSITY OF UTAH 1471 EAST FEDERAL WAY SALT LAKE CITY UT 84102 876000525 115 15000 QUALITY COLLABORATIVES AWARD UNIVERSITY OF WISCONSIN - FOX VALLEY 1478 MIDWAY RD MENASHA WI 54952 391277701 115 15000 QUALITY COLLABORATIVES AWARD UNIVERSITY OF WISCONSIN - OSHKOSH 800 ALGOMA BLVD OSHKOSH WI 54901 396076856 501C3 15000 QUALITY COLLABORATIVES AWARD UNIVERSITY OF WISCONSIN - PARKSIDE 900 WOOD RD KENOSHA WI 531412000 391805963 115 15000 QUALITY COLLABORATIVES AWARD UNIVERSITY OF WISCONSIN SYSTEM ADMINISTRATION 1730 VAN HISE HALL 1220 LINDEN DR MADISON WI 53706 391805963 115 15000 QUALITY COLLABORATIVES AWARD UNIVERSITY OF WISCONSIN SYSTEM ADMINISTRATION 1730 VAN HISE HALL 1220 LINDEN DR MADISON WI 53706 391805963 115 1000 SEMINAR GRANT UNIVERSITY OFWISCONSIN- WAUKESHA 1500 N UNIVERSITY DR WAUKESHA WI 531882799 391805963 501C3 15000 QUALITY COLLABORATIVES AWARD UTAH SYSTEM OF HIGHER EDUCATION 60 S 400 W SALT LAKE CITY UT 84101 876000545 115 15000 QUALITY COLLABORATIVES AWARD VIRGINIA COMMONWEALTH UNIVERSITY 800 EAST LEIGH ST PO BOX 843039 RICHMOND VA 232843039 546001758 115 15000 QUALITY COLLABORATIVES AWARD WAGNER COLLEGE ONE CAMPUS RD STATEN ISLAND NY 10301 135604699 501C3 7000 PROGRAM DEVELOPMENT AWARD WESTERN CAROLINA UNIVERSITY BELK 273 CULLOWHEE NC 28723 566001440 115 7000 PROGRAM DEVELOPMENT AWARD 53 0 STIPENDS 1 2000 PARTICIPANT SUPPORT 394 546443 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: GRANT RECIPIENTS ARE REQUIRED TO SUBMIT REPORTS CONCERNING HOW FUNDS WERE SPENT. ALSO SITE VISITS ARE MADE BY AAC&U STAFF TO SOME GRANT RECIPIENTS. X X X X 0 1 0 0 0 0 0 0 0 CAROL GEARY SCHNEIDER 288100 0 0 0 1524 0 106788 0 7367 0 403779 0 0 0 CARYN MUSIL 148410 0 0 0 1341 0 12861 0 17073 0 179685 0 0 0 MICHELLE HANNAHS 130452 0 0 0 1303 0 14832 0 14750 0 161337 0 0 0 TERRY RHODES 153958 0 0 0 792 0 18642 0 20927 0 194319 0 0 0 DEBRA HUMPHREYS 134758 0 0 0 156 0 15461 0 11677 0 162052 0 0 0 SUSAN ALBERTINE 143138 0 0 0 764 0 16489 0 13160 0 173551 0 0 0 PART I, LINE 4B CAROL SCHNEIDER 457 (F) PLAN - $70,678 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS TWO CLASSES OF MEMBERS: AFFILIATE MEMBERS AND REGULAR MEMBERS. EACH REGULAR MEMBER IS ENTITLED TO ONE VOTE. FORM 990, PART VI, SECTION A, LINE 7A DIRECTORS ARE ELECTED BY THE VOTING REPRESENTATIVES AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD HAS FULL POWER AND AUTHORITY TO MANAGE THE AFFAIRS, FUNDS, AND PROPERTY OF THE ASSOCIATION. THE BOARD AT ITS DISCRETION MAY REFER ANY MATTER OVER WHICH IT HAS POWER AND AUTHORITY TO ITS MEMBERS FOR CONSIDERATION. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY THE CPA FIRM OF TATE AND TRYON BASED ON INFORMATION PROVIDED BY THE ASSOCIATION. THE COMPLETED FORM IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND THEN GIVEN TO THE FINANCE COMMITTEE FOR REVIEW. AFTER THE FINANCE COMMITTEE APPROVES THE FORM, IT IS SENT TO THE ENTIRE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE DISCLOSURE FORMS ARE REVIEWED BY THE CHIEF FINANCIAL OFFICER. IF A CONFLICT IS NOTED, THE BOARD MEMBER IS PROHIBITED FROM PARTICIPATING IN DELIBERATIONS AND DECISIONS REGARDING THAT ENTITY OR MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD MUST APPROVE THE COMPENSATION OF THE PRESIDENT AND THE CHIEF FINANCIAL OFFICER. THEY REVIEW COMPARABILITY DATA GATHERED FROM THE OTHER HIGHER EDUCATION ASSOCIATIONS LOCATED IN WASHINGTON, DC. FORM 990, PART VI, SECTION C, LINE 19 THESE ARE ALSO AVAILABLE ON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: ACTUARIAL ADJUSTMENT TO PENSION VALUE 351,521. FORM 990, PART XII, LINE 2C THE PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR.