2013-03-14T07:35:50-05:00 2012-06-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 225 S 6TH ST STE 2300 MINNEAPOLIS MN 55402 990 2011-07-01 910473310 WHITWORTH UNIVERSITY WHIT 5097773243 300 W HAWTHORNE ROAD SPOKANE WA 99251 BRIAN L BENZEL 5097773243 2013-02-16 1 LAWRENCE H MOHR CPA P00447603 6128764500 2011 2016-02-25 16:41:14Z BECK TAYLOR 300 W HAWTHORNE ROAD SPOKANE WA 99251 115741393 0 X WWW.WHITWORTH.EDU X 1890 WA SINCE 1890, WHITWORTH HAS HELD FAST TO ITS FOUNDING MISSION OF PROVIDING "AN EDUCATION OF MIND AND HEART" THROUGH RIGOROUS INTELLECTUAL INQUIRY GUIDED BY DEDICATED CHRISTIAN SCHOLARS. RECOGNIZED AS ONE OF THE TOP REGIONAL COLLEGES AND UNIVERSITIES IN THE WEST, WHITWORTH UNIVERSITY HAS AN ENROLLMENT OF 2,887 STUDENTS AND OFFERS 60 UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS. IN RECENT YEARS, WHITWORTH HAS ENJOYED RECORD LEVELS OF STUDENT ENROLLMENT AND RETENTION, THE STRONGEST FINANCIAL POSITION IN THE UNIVERSITY'S HISTORY, AND INCREASED EXTERNAL VISIBILITY. 34 33 2287 55 -2792 -3320 10038114 14276395 84767223 87846175 3677498 3923067 -158465 -102380 98324370 105943257 31708364 32774245 0 0 37434926 38930295 0 0 3067849 24624322 27147226 93767612 98851766 4556758 7091491 223835836 247032756 78771688 99446280 145064148 147586476 X SINCE 1890, WHITWORTH HAS HELD FAST TO ITS FOUNDING MISSION OF PROVIDING "AN EDUCATION OF MIND AND HEART" THROUGH RIGOROUS INTELLECTUAL INQUIRY GUIDED BY DEDICATED CHRISTIAN SCHOLARS. 0 0 69155810 32774245 75501241 INSTRUCTION: WHITWORTH UNIVERSITY'S ENROLLMENT (2011-12) UNDERGRADUATE: 2,628; GRADUATE: 259.UNDER-REPRESENTED ETHNIC ENROLLMENT UNDERGRADUATE: 18.4 PERCENT. SIX-YEAR GRADUATION RATE (2011-12): 80.3 PERCENT OF FIRST-TIME, FULL-TIME STUDENTS ENROLLED IN FALL 2004 GRADUATED WITHIN SIX YEARS. FRESHMAN-TO-SOPHOMORE RETENTION RATE (2011-12): 83.3 PERCENT. THE UNIVERSITY UNDERGRADUATE STUDENT BODY HAS A COMPOSITION OF 82%/18% WHITE/NON-WHITE; 60%/40% FEMALE/MALE AND REPRESENTATION OF 23 COUNTRIES. THE UNIVERSITY OFFERS 60 UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS; THE MOST PROMINENT ARE ELEMENTARY EDUCATION, BUSINESS MANAGEMENT, ENGLISH, BIOLOGY AND PSYCHOLOGY. IN FISCAL YEAR 2011-12 WHITWORTH STUDENTS SAW THE OPENING OF THE NEW ROBINSON CHEMISTRY AND BIOLOGY ACADEMIC BUILDING, A $31 MILLION LEED GOLD BUILDING, AND THE EXPANSION OF THE UNIVERSITY DINING FACILITIES. 2012 IS ALSO THE 13TH YEAR IN A ROW THAT WHITWORTH HAS BEEN IN THE TOP 10 OF U.S. NEWS AND WORLD REPORT'S ANNUAL RANKINGS; THE PRINCETON REVIEW AGAIN DESIGNATED WHITWORTH A "BEST IN THE WEST" UNIVERSITY IN THE REVIEW'S "2012 BEST COLLEGES: REGION BY REGION" GUIDE. IN 2012 THE WHITWORTH SCHOOL OF EDUCATION EARNED A NEARLY UNHEARD-OF PERFECT SCORE FOR ITS PROGRAMS IN TEACHER EDUCATION AND WHITWORTH WAS NAMED A "BEST CHRISTIAN WORKPLACE" AMONG HIGHER-EDUCATION INSTITUTIONS BASED ON THE 2012 NATIONAL SURVEY OF EMPLOYEES AT CHRISTIAN BUSINESSES AND NONPROFIT ORGANIZATIONS. 7542225 7988531 STUDENT SERVICES: WHITWORTH'S RESIDENCE HALLS AND/OR ON-CAMPUS HOUSES/APARTMENTS ACCOMMODATE OVER 1,200 STUDENTS (FALL 2011). WHITWORTH HAS A TWO-YEAR RESIDENCY REQUIREMENT. THE UNIVERSITY OFFERS 11 HALLS AND 23 THEME HOUSES. STUDENT CLUBS AND ORGANIZATIONS: WHITWORTH HAS NEARLY 40 STUDENT CLUBS, RANGING FROM AMNESTY INTERNATIONAL TO THE HAWAIIAN CLUB. RECENT STUDENT HIGHLIGHTS: A RECORD FOUR WHITWORTH SENIORS WERE AWARDED FULBRIGHT ENGLISH TEACHING ASSISTANTSHIP GRANTS FOR THE 2011-12 ACADEMIC YEAR. IN ADDITION, WHITWORTH WAS NAMED A TOP PRODUCER OF FULBRIGHT SCHOLARS IN 2011-12, FOR THE SECOND TIME IN THREE YEARS. IN 2012, FOR THE FIRST TIME IN WHITWORTH HISTORY, A TEAM OF WHITWORTH STUDENTS WON THE NATIONAL CHAMPIONSHIP AT THE NATIONAL INTERCOLLEGIATE ETHICS BOWL, SPONSORED BY THE ASSOCIATION FOR PRACTICAL AND PROFESSIONAL ETHICS. THIS IS THE THIRD TIME IN FOUR YEARS WHITWORTH HAS PLACED IN THE TOP FIVE IN THE NATIONAL ETHICS. IN ADDITION, TWO STUDENTS IN WHITWORTH'S FORENSICS PROGRAM WON NATIONAL TITLES IN SPEECH AND DEBATE AT THE 2012 INTERNATIONAL PUBLIC DEBATE ASSOCIATION'S TOURNAMENT WHEN THEY BECAME CO-NATIONAL CHAMPIONS OUT OF A FIELD OF 94 DEBATERS FROM 28 SCHOOLS. THEIR WINS MARK THE FIRST TIME IN WHITWORTH HISTORY THAT STUDENTS HAVE TAKEN HOME INDIVIDUAL NATIONAL TITLES IN A SPEECH OR DEBATE EVENT. ALSO IN 2012, ONE OF OUR ENGINEERING PHYSICS MAJORS WON A PRESTIGIOUS BARRY M. GOLDWATER SCHOLARSHIP FOR 2012-13; HE WAS SELECTED FROM 1,123 TOP MATH, SCIENCE AND ENGINEERING STUDENTS NOMINATED BY THEIR INSTITUTIONS OUT OF A POOL OF MORE THAN 300,000 STUDENTS NATIONWIDE. 2920832 3067998 AUXILIARY SERVICES: WHITWORTH UNIVERSITY PROVIDES DINING SERVICES TO OVER 1,200 RESIDENT STUDENTS AND TO THE MANY OTHER STUDENTS WHO LIVE OFF CAMPUS. THE UNIVERSITY ALSO PROVIDES ACCESS TO PURCHASING BOOKS AND SUPPLIES AT ITS CAMPUS BOOKSTORE. IN FISCAL YEAR 2012, AUXILIARY SERVICES GENERATED GROSS REVENUES OF OVER $12.0 MILLION THAT HELP SUPPORT THE ACADEMIC AND STUDENTS SERVICES PROVIDED TO THE ALMOST 3,000 UNDERGRADUATE AND GRADUATE STUDENTS REGISTERED AT THE UNIVERSITY. 1140816 1288405 1140816 1288405 80759683 1 1 0 1 0 0 0 0 0 1 1 1 0 1 1 1 0 1 1 1 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 0 0 1 125 0 2287 1 1 1 1 CJ CS 0 0 0 1 1 1 1 0 0 0 X 34 33 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA WA X X LUZ MERKEL 5097774225 300 W HAWTHORNE ROAD SPOKANE WA 99251 BECK TAYLOR 40.00 X X 277908 0 54146 REV DR PETER B BARNES 1.00 X 0 0 0 JAMES S BENNETT JR 1.00 X 0 0 0 CHARLES L BOPPELL 1.00 X 0 0 0 SCOTT C CHANDLER 1.00 X 0 0 0 DEBRA K COZZETTO 1.00 X 0 0 0 LINDA CUNNINGHAM 1.00 X 0 0 0 DR PAUL CUNNINGHAM 1.00 X 0 0 0 WILLIAM P CURRY 1.00 X 0 0 0 CLARK DONNELL 1.00 X 0 0 0 REV DR SCOTT DUDLEY 1.00 X 0 0 0 CURTIS ESTES 1.00 X 0 0 0 WILLIAM C FIX 1.00 X 0 0 0 REV KATHY GOODRICH 1.00 X 0 0 0 GARY J HOPKINS 1.00 X 0 0 0 MICHAEL KEENAN 1.00 X 0 0 0 BRIAN KIRKPATRICK 1.00 X 0 0 0 ANDREA LAIRSON 1.00 X 0 0 0 JAMES MUNYON 1.00 X 0 0 0 DAVID G MYERS 1.00 X 0 0 0 WALTER M OLIVER 1.00 X 0 0 0 REV GAYLE PARKER 1.00 X 0 0 0 MARK POE 1.00 X 0 0 0 JENNIFER RATCLIFFE 1.00 X 0 0 0 JOHN DAVID ROBBLEE 1.00 X 0 0 0 KENNETH M ROBERTS 1.00 X 0 0 0 JUDI SHUPPER 1.00 X 0 0 0 REV DR JAMES M SINGLETON 1.00 X 0 0 0 JAN MORROW SKAGGS 1.00 X 0 0 0 REV JOHN SOWERS 1.00 X 0 0 0 STUART STILES 1.00 X 0 0 0 ANNE STORM 1.00 X 0 0 0 ARTHUR SYMONS 1.00 X 0 0 0 JASON THACKSTON 1.00 X 0 0 0 BRIAN BENZEL 40.00 X 155960 0 18165 MICHAEL LE ROY 40.00 X 151655 0 34240 KATHY STORM 40.00 X 128791 0 15017 SCOTT MCQUILKIN 40.00 X 139391 0 81381 LUZ MERKEL 40.00 X 100228 0 44442 ROBERT BEATTY 40.00 X 147452 0 43318 HANS BYNAGLE 40.00 X 127489 0 15554 WILLIAM P ROBINSON 40.00 X 155199 0 16915 1384073 0 323178 20 1 1 0 WALKER CONSTRUCTION CO PO BOX 3901 SPOKANE WA 99220 CONSTRUCTION 3248697 BOUTEN CONSTRUCTION CO PO BOX 3507 SPOKANE WA 99220 CONSTRUCTION 1395402 WOLFE ARCHITECTURAL 221 W MAIN SPOKANE WA 99201 ARCHITECTS 400198 EDWARDS LALONE TRAVEL 221 W MAIN SPOKANE WA 99204 TRAVEL AGENCY 391046 ROYALL & COMPANY 1920 E PARHAM RD RICHMOND VA 23228 MAILING LIST SERVICES 316953 48 82049 413936 4020972 9759438 1834495 14276395 TUITION AND FEES 611710 75501241 75501241 AUXILIARY ENTERPRISES 611710 11099222 11099222 SALES AND SERVICES 611710 1245712 1245712 87846175 2296598 5011 2291587 183903 183903 449241 457044 -7803 -7803 -7803 9651330 8208764 1442566 1442566 1442566 72774 82049 64545 8229 8229 964977 1067783 -102806 -102806 105943257 87846175 -2792 3823479 32774245 32774245 559780 152131 255196 152453 28417248 21312936 6251795 852517 1966624 1297972 570321 98331 5953797 4415860 1331692 206245 2032846 914781 1016423 101642 33022 13209 18162 1651 98889 98889 426846 387580 39266 1382865 802062 511660 69143 517880 388410 129470 2903638 1742183 1016273 145182 1756722 966197 527017 263508 1733 1733 2415565 1715051 603891 96623 1647882 741547 576759 329576 1421531 781842 355383 284306 3062985 3062985 6331116 5064893 1139601 126622 385264 288948 88611 7705 BOARD EXPENSES 2920832 2920832 FED. GRANTS ADMIN. EXP. 798476 798476 EQUIPMENT & REPAIRS 399947 239968 119984 39995 SUBSCRIPTIONS & PUBS. 332071 149432 83018 99621 309962 213990 71979 23993 98851766 80759683 15024234 3067849 2436271 4831140 4019662 5373914 2044828 1508787 4333069 4196979 540300 539493 663061 500639 162367872 57856866 100027163 104511006 41749111 56881571 40240742 30637662 27781629 38051565 223835836 247032756 8483349 9351542 3591234 3582619 1283021 1755045 62220942 81286583 3193142 3470491 78771688 99446280 X 52525067 55840338 30844965 26758523 61694116 64987615 145064148 147586476 223835836 247032756 X 7091491 -4569163 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 4400 0 0 0 4400 0 EXPLANATION OF LOBBYING ACTIVITIES: PART II-B, LINE 1: THE UNIVERSITY BELONGS TO THE INDEPENDENT COLLEGES AND UNIVERSITIES OF WASHINGTON AND THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES AND AS SUCH PARTICIPATES IN THE LOBBYING ACTIVITIES OF SUCH ORGANIZATIONS. ICW INDICATED THE ESTIMATED AMOUNT OF THE UNIVERSITY FEES DEDICATED TO LOBBYING IN FY 2012 ABOUT $4,000. NAICU INDICATED THE ESTIMATED AMOUNT OF THE UNIVERSITY FEES DEDICATED TO LOBBYING IN FY 2012 WAS ALMOST $400. 99247149 4484148 -2284488 2576741 98870068 80053250 3413412 18082616 2302129 99247149 73923116 3080981 5362563 2313410 80053250 93721329 2167243 -19531262 2434194 73923116 0.10600 0.64690 0.24710 1 0 5596315 5596315 121705067 40332371 81372696 16123580 9116996 7006584 18942910 8407499 10535411 104511006 EQUITY INDEX FUND 6848877 F COMMODITIES 2485307 F REAL ESTATE INVESTMENT 6942612 F NOTES REC. COLL/REAL ESTATE 58000 F SINGLE PREMIUM LIFE INS. POLICY 136487 F LIMITED PARTNERSHIPS 3487248 F PRIVATE EQUITY FUNDS 4386642 F HEDGE FUNDS 6199145 F OTHER INVESTMENTS 93344 F 30637662 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 18337346 DEFERRED DEBT ACQUISITION COSTS 769993 DEPOSITS HELD BY TRUSTEE 18944226 38051565 STUDENT DEPOSITS 1447008 ASSET RETIREMENT OBLIGATION 866385 INTEREST RATE EXCHANGE LIABILITY 1157098 3470491 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT FUNDS ARE MAINLY USED TO PROVIDE SCHOLARSHIP SUPPORT TO STUDENTS SO THAT THEY CAN ATTEND THE UNIVERSITY. SOME OF THE FUNDS ARE ALSO USED TO PROVIDE FUNDING SUPPORT FOR RESEARCH AND DEPARTMENTAL ACTIVITIES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE UNIVERSITY FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE UNIVERSITY FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2012 AND 2011. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AUTHORITIES. THE TAX RETURNS FOR THE CURRENT YEAR AS WELL AS FISCAL YEARS 2009 THROUGH 2011 ARE OPEN TO EXAMINATION BY FEDERAL AUTHORITIES. 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 NON-DISCRIMINATION POLICY IS PUBLISHED IN ALL STUDENT BROCHURES AND WEBSITES. THE POLICY IS ALSO PUBLISHED IN THE LOCAL NEWSPAPER AT LEAST ONCE DURING THE FISCAL YEAR. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 WHITWORTH UNIVERSITY PARTICIPATES IN THE FEDERAL FINANCIAL AID PROGRAM AND AS SUCH, MANAGES FEDERAL AND STATE AID THAT IS ALLOCATED TO THE STUDENTS. CENTRAL AMERICA AND THE CARIBBEAN 1 2 PROGRAM SERVICES - CAPITAL CONTRIBUTIONS TO WHITWORTH COSTA RICA LIMITADA ACADEMIC INSTRUCTION 481503 CENTRAL AMERICA AND THE CARIBBEAN 1 0 CAPITAL CONTRIBUTIONS FOR PLANT INVESTMENT ACADEMIC INSTRUCTION 6900 CENTRAL AMERICA AND THE CARIBBEAN 1 0 INVESTMENT 2407951 3 2 0 0 3 2 2896354 0 2896354 1 0 1 1 1 0 SCHEDULE F, PART IV, LINE 4: THE UNIVERSITY INVESTS IN PARTNERSHIPS THAT HOLD DIRECT OR INDIRECT INTERESTS IN PASSIVE FOREIGN INVESTMENT COMPANIES. THE INVESTMENT PARTNERSHIPS HAVE PROPERLY FILED FORM 8621. UNDER THESE FACTS, IT IS NOT NECESSARY FOR THE UNIVERSITY TO FILE AN ADDITIONAL 8621. SCHEDULE F, PART IV, LINE 5: THE UNIVERSITY INVESTS IN PARTNERSHIPS THAT HOLD DIRECT OR INDIRECT INTERESTS IN FOREIGN PARTNERSHIPS. HOWEVER, THE UNIVERSITY DOES NOT MEET THE FILING REQUIREMENTS OF FORM 8865 AS A RESULT. PIRATE NIGHT 96381 61944 34437 3245 5060 8744 GOLF TOURNEY SPOKANE 39065 17525 21540 20210 8692 1 19377 2580 16797 10754 7840 154823 82049 72774 34209 5060 25276 64545 8229 1 FINANCIAL AID FOR TUITION, ROOM AND BOARD EXPENSES 2887 32774245 0 BOOK PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: STUDENTS MUST SUBMIT THEIR FAFSA FEDERAL FORM TO DOCUMENT THEIR NEED FOR FEDERAL FINANCIAL AID. ONCE THE FINANCIAL AID IS AWARDED, THE GRANTS ARE TRANSMITTED TO THE STUDENTS' INSTITUTIONAL ACCOUNTS TO PAY FOR TUITION CHARGES, THERE IS ALSO A FOLLOW UP PROCESS DURING THE SEMESTER AND SCHOOL YEAR TO ENSURE ACADEMIC CREDITS COMPLETION AND SATISFACTORY ACADEMIC PROCESS BEFORE ADDITIONAL FINANCIAL AID IS AWARDED. X X X X X 1 1 X X X X X X 1 0 0 0 0 0 0 0 0 BECK TAYLOR 253533 0 0 0 24375 0 21518 0 32628 0 332054 0 0 0 BRIAN BENZEL 154772 0 0 0 1188 0 12514 0 5651 0 174125 0 0 0 MICHAEL LE ROY 151475 0 0 0 180 0 12667 0 21573 0 185895 0 0 0 SCOTT MCQUILKIN 138125 0 0 0 1266 0 10962 0 70419 0 220772 0 0 0 ROBERT BEATTY 97392 0 0 0 50060 0 11774 0 31544 0 190770 0 0 0 WILLIAM P ROBINSON 154059 0 0 0 1140 0 12596 0 4319 0 172114 0 0 0 PART I, LINE 1A THE COMPENSATION AND BENEFITS OF THE ORGANIZATION'S PRESIDENT ARE ADOPTED AND APPROVED BY AN EXECUTIVE COMPENSATION COMMITTEE WHICH IS A SUB-COMMITTEE OF THE BOARD OF TRUSTEES. WASHINGTON HIGHER EDUCATION FACILITIES AUTHORITY 911306482 939781G53 2009-11-04 63581858 CONSTRUCTION 0 0 0 WASHINGTON HIGHER EDUCATION FACILITIES AUTHORITY 911306482 939781P20 2012-03-01 20065060 CONSTRUCTION 0 0 0 2257960 63581858 4299656 23022863 1069339 35190000 2011 1 1 1 1 102375 20065060 1211350 376375 18477335 2012 0 0 1 1 0 0 1 0 0 0.00000 0.03000 0.03000 1 0 0 1 0 0 0.00000 0.00000 0.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 X AVISTA UTILITIES JASON THACKSTON (TRUSTEE) IS AN OFFICER OF AVISTA UTILITIES 1200000 UTILITY EXPENSE 0 LAWTON PRINTING COMPANY INC RAY LAWTON (FORMER TRUSTEE) IS AN OFFICER OF LAWTON PRINTING COMPANY 137980 PRINTING EXPENSE 0 X 10 1772470 MARKET X TRAVEL VOUCHERS 4 43633 FMV X OTHER 6 18391 FMV 1 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN PART I, COLUMN (B). FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF TRUSTEES HAS DELEGATED THE REVIEW RESPONSIBILITY TO ITS AUDIT COMMITTEE. ONCE THE REVIEW IS COMPLETED THE 990 IS PLACED IN A SECURE WEBSITE FOR THE BOARD'S INSPECTION AND REVIEW BEFORE FILING THE 990. FORM 990, PART VI, SECTION B, LINE 12C STAFF AND FACULTY: AT THE BEGINNING OF THE YEAR, WE TIE THE COMPLETION OF THE CONFLICT OF INTEREST DISCLOSURE FORM TO BEING ABLE TO AUTHORIZE OR REQUEST ANY PAYMENT FOR THE UNIVERSITY. THIS IS TRACKED IN A DATABASE. TRUSTEES: THE SECRETARY OF THE BOARD ENSURES THAT EVERY TRUSTEE COMPLETES THE DISCLOSURE FORM EVERY FALL MEETING. IF ANYONE'S FORM IS MISSING, SHE OR HER ASSISTANT FOLLOW UP UNTIL THE FORM IS COMPLETED. THEN, THE AUDIT COMMITTEE REVIEWS THOSE FORMS WITH DISCLOSED CONFLICT DURING THE FALL MEETING FOR THE STAFF AND FACULTY AND DURING THE SPRING FOR TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR KEY OFFICERS REPORTING TO THE PRESIDENT WAS REVIEWED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES IN APRIL 2011; THIS PROCESS INVOLVED AN INDEPENDENT ANALYSIS BY AN OUTSIDE CONSULTANT WHO COMPARED COMPENSATION FOR THESE INDIVIDUALS AGAINST PEER INSTITUTIONS. THESE KEY EMPLOYEES INCLUDE THE EXECUTIVE VICE PRESIDENT FOR ACADEMIC AFFAIRS, THE VICE PRESIDENT FOR INSTITUTIONAL ADVANCEMENT, THE VICE PRESIDENT FOR STUDENT LIFE, THE VICE PRESIDENT FOR ADMISSIONS AND FINANCIAL AID, AND THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION. COMPENSATION FOR THE PRESIDENT WAS REVIEWED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES IN APRIL 2011; THIS PROCESS INVOLVED AN INDEPENDENT ANALYSIS BY AN OUTSIDE CONSULTANT WHO COMPARED COMPENSATION FOR THIS INDIVIDUAL AGAINST PEER INSTITUTIONS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST STATEMENTS ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE AVAILABLE AT THE UNIVERSITY'S WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -4,569,163. FORM 990, PART XII, LINE 2C: NEITHER THE OVERSIGHT PROCESS OF THE AUDIT OR THE SELECTION PROCESS OF THE INDEPENDENT ACCOUNTANT CHANGED DURING THE CURRENT YEAR. THE WHITWORTH FOUNDATION 300 W HAWTHORNE RD SPOKANE WA 99251 237232067 FUNDRAISING SUPPORT FOR WHITWORTH UNIVERSITY WA 501(C)(3) 11B WHITWORTH UNIVERSITY 1 WHITWORTH COSTA RICA LIMITADA CALLE 7 AVENIDAS 7 Y 9 EDIFICIO SAN JOSE CS EDUCATIONAL INSTITUTION CS WHITWORTH UNIVERSITY C -195493 3163739 1.00000 CHARITY REMAINDER UNITRUSTS (25) CHARITABLE TRUST WA N/A T CHARITY REMAINDER ANNUITY TRUSTS (2) CHARITABLE TRUST WA N/A T LIFE ANNUITY TRUSTS (16) CHARITABLE TRUST WA N/A T 1 1 1 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1 THE WHITWORTH FOUNDATION C 413936 FMV WHITWORTH COSTA RICA LIMITADA B 488403 FMV