﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xsi:schemaLocation="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2011v1.5">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2013-05-02T10:13:40-05:00</Timestamp>
    <TaxPeriodEndDate>2012-06-30</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>ERNST &amp; YOUNG US LLP</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>41 SOUTH HIGH STREET STE 1100</AddressLine1>
        <City>COLUMBUS</City>
        <State>OH</State>
        <ZIPCode>432153400</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990</ReturnType>
    <TaxPeriodBeginDate>2011-07-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>237179567</EIN>
      <Name>
        <BusinessNameLine1>COLLEGE OF MOUNT ST JOSEPH</BusinessNameLine1>
      </Name>
      <InCareOfName>% ANNE MARIE WAGNER CFO</InCareOfName>
      <NameControl>COLL</NameControl>
      <Phone>5132444711</Phone>
      <USAddress>
        <AddressLine1>5701 DELHI ROAD</AddressLine1>
        <City>CINCINNATI</City>
        <State>OH</State>
        <ZIPCode>452331670</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>Anne Marie Wagner</Name>
      <Title>Treasurer</Title>
      <DateSigned>2013-05-02</DateSigned>
    </Officer>
    <Preparer>
      <Phone>6142245678</Phone>
    </Preparer>
    <TaxYear>2011</TaxYear>
    <BuildTS>2016-02-25 16:41:14Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="14">
    <IRS990 documentId="IRS990" referenceDocumentId="IRS990ScheduleO">
      <NameOfPrincipalOfficerPerson>Tony Aretz</NameOfPrincipalOfficerPerson>
      <AddressPrincipalOfficerUS>
        <AddressLine1>5701 Delhi Road</AddressLine1>
        <City>Cincinnati</City>
        <State>OH</State>
        <ZIPCode>452331670</ZIPCode>
      </AddressPrincipalOfficerUS>
      <GrossReceipts>66069021</GrossReceipts>
      <GroupReturnForAffiliates>false</GroupReturnForAffiliates>
      <Organization501c3>X</Organization501c3>
      <WebSite>msj.edu</WebSite>
      <TypeOfOrganizationCorporation>X</TypeOfOrganizationCorporation>
      <YearFormation>1972</YearFormation>
      <StateLegalDomicile>OH</StateLegalDomicile>
      <ActivityOrMissionDescription>SEE SCHEDULE O</ActivityOrMissionDescription>
      <NbrVotingMembersGoverningBody>30</NbrVotingMembersGoverningBody>
      <NbrIndependentVotingMembers>26</NbrIndependentVotingMembers>
      <TotalNbrEmployees>1361</TotalNbrEmployees>
      <TotalNbrVolunteers>13</TotalNbrVolunteers>
      <TotalGrossUBI>53818</TotalGrossUBI>
      <NetUnrelatedBusinessTxblIncome>-5560</NetUnrelatedBusinessTxblIncome>
      <ContributionsGrantsPriorYear>2743653</ContributionsGrantsPriorYear>
      <ContributionsGrantsCurrentYear>4844741</ContributionsGrantsCurrentYear>
      <ProgramServiceRevenuePriorYear>48898377</ProgramServiceRevenuePriorYear>
      <ProgramServiceRevenueCY>48082457</ProgramServiceRevenueCY>
      <InvestmentIncomePriorYear>1716695</InvestmentIncomePriorYear>
      <InvestmentIncomeCurrentYear>1246322</InvestmentIncomeCurrentYear>
      <OtherRevenuePriorYear>558344</OtherRevenuePriorYear>
      <OtherRevenueCurrentYear>314015</OtherRevenueCurrentYear>
      <TotalRevenuePriorYear>53917069</TotalRevenuePriorYear>
      <TotalRevenueCurrentYear>54487535</TotalRevenueCurrentYear>
      <GrantsAndSimilarAmntsPriorYear>12438204</GrantsAndSimilarAmntsPriorYear>
      <GrantsAndSimilarAmntsCY>12525936</GrantsAndSimilarAmntsCY>
      <BenefitsPaidToMembersPriorYear>0</BenefitsPaidToMembersPriorYear>
      <BenefitsPaidToMembersCY>0</BenefitsPaidToMembersCY>
      <SalariesEtcPriorYear>25065843</SalariesEtcPriorYear>
      <SalariesEtcCurrentYear>25396855</SalariesEtcCurrentYear>
      <TotalProfFundrsngExpPriorYear>0</TotalProfFundrsngExpPriorYear>
      <TotalProfFundrsngExpCY>0</TotalProfFundrsngExpCY>
      <TotalFundrsngExpCurrentYear>899655</TotalFundrsngExpCurrentYear>
      <OtherExpensePriorYear>14052225</OtherExpensePriorYear>
      <OtherExpensesCurrentYear>13050408</OtherExpensesCurrentYear>
      <TotalExpensesPriorYear>51556272</TotalExpensesPriorYear>
      <TotalExpensesCurrentYear>50973199</TotalExpensesCurrentYear>
      <RevenuesLessExpensesPriorYear>2360797</RevenuesLessExpensesPriorYear>
      <RevenuesLessExpensesCY>3514336</RevenuesLessExpensesCY>
      <TotalAssetsBOY>77109909</TotalAssetsBOY>
      <TotalAssetsEOY>79029129</TotalAssetsEOY>
      <TotalLiabilitiesBOY>24392734</TotalLiabilitiesBOY>
      <TotalLiabilitiesEOY>24243098</TotalLiabilitiesEOY>
      <NetAssetsOrFundBalancesBOY>52717175</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>54786031</NetAssetsOrFundBalancesEOY>
      <InfoInScheduleOPartIII>X</InfoInScheduleOPartIII>
      <MissionDescription>THE COLLEGE OF MOUNT ST JOSEPH IS A CATHOLIC ACADEMIC COMMUNITY GROUNDED IN THE SPIRITUAL VALUES AND VISION OF ITS FOUNDERS, THE SISTERS OF CHARITY. THE COLLEGE EDUCATES ITS STUDENTS THROUGH INTERDISCIPLINARY LIBERAL ARTS AND PROFESSIONAL CURRICULA EMPHASIZING VALUES, INTEGRITY AND SOCIAL RESPONSIBILITY. MEMBERS OF THE MOUNT COMMUNITY EMBRACE EXCELLENCE IN ACADEMIC ENDEAVORS, INTEGRATION OF LIFE AND LEARNING, RESPECT AND CONCERN FOR ALL PERSONS, DIVERSITY OF CULTURES AND BELIEFS, AND SERVICE TO OTHERS.</MissionDescription>
      <SignificantNewProgramServices>false</SignificantNewProgramServices>
      <SignificantChange>false</SignificantChange>
      <Expense>28962630</Expense>
      <Grants>12525936</Grants>
      <Revenue>36927528</Revenue>
      <Description>UNDERGRADUATE EDUCATION- THE COLLEGE'S UNDERGRADUATE ACADEMIC PROGRAMS INSPIRE EXCELLENCE, INTELLECTUAL CHALLENGE, AND REAL LIFE EXPERIENCES. WE OFFER MAJORS IN BUSINESS, BEHAVIORAL AND NATURAL SCIENCES, EDUCATION, HEALTH SCIENCES, AND ARTS AND HUMANITIES. IN ADDITION, STUDENTS HAVE THE OPPORTUNITY TO EXPAND LEARNING BEYOND THE CLASSROOM THROUGH STUDY ABROAD, COOPERATIVE EDUCATION, AND SERVICE LEARNING. THE COLLEGE OFFERS PROGRAMS TAILORED TO TRADITIONAL, ADULT, AND PART-TIME STUDENTS.</Description>
      <Activity2>
        <Expense>11904270</Expense>
        <Grants>0</Grants>
        <Revenue>3529694</Revenue>
        <Description>STUDENT AND RESIDENCE LIFE- INCLUDES ADMISSION AND ENROLLMENT OF STUDENTS, AS WELL AS PERSONAL AND CAREER SUPPORT. ALSO INCLUDED ARE VARIOUS CAMPUS ACTIVITIES AND 21 ATHLETIC PROGRAMS. RESIDENCE LIFE IS COMMITTED TO PROVIDING QUALITY HOUSING FOR FULL-TIME SINGLE STUDENTS THAT ENHANCES THE EXPERIENCE OF EACH RESIDENT WHILE SUPPORTING ACADEMIC ACHIEVEMENT AND THE MISSION OF THE COLLEGE.</Description>
      </Activity2>
      <Activity3>
        <Expense>3982197</Expense>
        <Grants>0</Grants>
        <Revenue>7625235</Revenue>
        <Description>GRADUATE EDUCATION - INSTRUCTING AND PROVIDING ACADEMIC SUPPORT TO STUDENTS AND OFFERING MASTERS AND DOCTORAL PROGRAMS. DEGREE PROGRAMS INCLUDE EDUCATION, HEALTH SCIENCES, AND ORGANIZATIONAL LEADERSHIP.</Description>
      </Activity3>
      <TotalProgramServiceExpense>44849097</TotalProgramServiceExpense>
      <DescribedIn501C3 referenceDocumentId="IRS990ScheduleA">true</DescribedIn501C3>
      <ScheduleBRequired referenceDocumentId="IRS990ScheduleB">true</ScheduleBRequired>
      <PoliticalActivities>false</PoliticalActivities>
      <LobbyingActivities>false</LobbyingActivities>
      <SubjectToProxyTax>false</SubjectToProxyTax>
      <DonorAdvisedFunds referenceDocumentId="IRS990ScheduleD">false</DonorAdvisedFunds>
      <ConservationEasements referenceDocumentId="IRS990ScheduleD">false</ConservationEasements>
      <CollectionsOfArt referenceDocumentId="IRS990ScheduleD">false</CollectionsOfArt>
      <CreditCounseling referenceDocumentId="IRS990ScheduleD">false</CreditCounseling>
      <TermOrPermanentEndowments referenceDocumentId="IRS990ScheduleD">true</TermOrPermanentEndowments>
      <ReportLandBldgEquip referenceDocumentId="IRS990ScheduleD">true</ReportLandBldgEquip>
      <ReportInvestOthSecurities referenceDocumentId="IRS990ScheduleD">false</ReportInvestOthSecurities>
      <ReportProgRelInvest referenceDocumentId="IRS990ScheduleD">false</ReportProgRelInvest>
      <ReportOtherAssets referenceDocumentId="IRS990ScheduleD">false</ReportOtherAssets>
      <ReportOtherLiabilities referenceDocumentId="IRS990ScheduleD">true</ReportOtherLiabilities>
      <ReportFin48Footnote referenceDocumentId="IRS990ScheduleD">true</ReportFin48Footnote>
      <IndependentAuditFinancialStmt referenceDocumentId="IRS990ScheduleD">true</IndependentAuditFinancialStmt>
      <ConsolidatedAuditFinancialStmt referenceDocumentId="IRS990ScheduleD">false</ConsolidatedAuditFinancialStmt>
      <School referenceDocumentId="IRS990ScheduleE">true</School>
      <ForeignOffice>false</ForeignOffice>
      <ForeignActivities referenceDocumentId="IRS990ScheduleF">true</ForeignActivities>
      <MoreThan5000KToOrganizations referenceDocumentId="IRS990ScheduleF">false</MoreThan5000KToOrganizations>
      <MoreThan5000KToIndividuals referenceDocumentId="IRS990ScheduleF">false</MoreThan5000KToIndividuals>
      <ProfessionalFundraising referenceDocumentId="IRS990ScheduleG">false</ProfessionalFundraising>
      <FundraisingActivities referenceDocumentId="IRS990ScheduleG">true</FundraisingActivities>
      <Gaming referenceDocumentId="IRS990ScheduleG">false</Gaming>
      <Hospital>false</Hospital>
      <GrantsToOrganizations referenceDocumentId="IRS990ScheduleI">false</GrantsToOrganizations>
      <GrantsToIndividuals referenceDocumentId="IRS990ScheduleI">true</GrantsToIndividuals>
      <ScheduleJRequired referenceDocumentId="IRS990ScheduleJ">true</ScheduleJRequired>
      <TaxExemptBonds referenceDocumentId="IRS990ScheduleK">true</TaxExemptBonds>
      <InvestTaxExemptBonds>false</InvestTaxExemptBonds>
      <EscrowAccount>false</EscrowAccount>
      <OnBehalfOfIssuer>false</OnBehalfOfIssuer>
      <ExcessBenefitTransaction referenceDocumentId="IRS990ScheduleL">false</ExcessBenefitTransaction>
      <PriorExcessBenefitTransaction referenceDocumentId="IRS990ScheduleL">false</PriorExcessBenefitTransaction>
      <LoanToOfficerOrDQP referenceDocumentId="IRS990ScheduleL">false</LoanToOfficerOrDQP>
      <GrantToRelatedPerson referenceDocumentId="IRS990ScheduleL">false</GrantToRelatedPerson>
      <BsnssRltnshpWithOrganization referenceDocumentId="IRS990ScheduleL">false</BsnssRltnshpWithOrganization>
      <BsnssRltnshpThruFamilyMember referenceDocumentId="IRS990ScheduleL">false</BsnssRltnshpThruFamilyMember>
      <OfficerEntityWithBsnssRltnshp referenceDocumentId="IRS990ScheduleL">true</OfficerEntityWithBsnssRltnshp>
      <DeductibleNonCashContributions referenceDocumentId="IRS990ScheduleM">true</DeductibleNonCashContributions>
      <DeductibleContributionsOfArt referenceDocumentId="IRS990ScheduleM">false</DeductibleContributionsOfArt>
      <Terminated>false</Terminated>
      <PartialLiquidation>false</PartialLiquidation>
      <DisregardedEntity referenceDocumentId="IRS990ScheduleR">false</DisregardedEntity>
      <RelatedEntity referenceDocumentId="IRS990ScheduleR">true</RelatedEntity>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionRelatedEntity referenceDocumentId="IRS990ScheduleR">false</TransactionRelatedEntity>
      <TransfersToExemptNonChrtblOrg referenceDocumentId="IRS990ScheduleR">false</TransfersToExemptNonChrtblOrg>
      <ActivitiesConductedPartnership referenceDocumentId="IRS990ScheduleR">false</ActivitiesConductedPartnership>
      <ScheduleORequired>true</ScheduleORequired>
      <InfoInScheduleOPartV>X</InfoInScheduleOPartV>
      <NumberFormsTransmittedWith1096>104</NumberFormsTransmittedWith1096>
      <NumberW2GIncluded>0</NumberW2GIncluded>
      <ComplianceWithBackupWitholding>true</ComplianceWithBackupWitholding>
      <NumberOfEmployees>1361</NumberOfEmployees>
      <EmploymentTaxReturnsFiled>true</EmploymentTaxReturnsFiled>
      <UnrelatedBusinessIncome>true</UnrelatedBusinessIncome>
      <Form990-TFiled>true</Form990-TFiled>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <TaxablePartyNotification>false</TaxablePartyNotification>
      <NonDeductibleContributions>false</NonDeductibleContributions>
      <QuidProQuoContributions>true</QuidProQuoContributions>
      <QuidProQuoDisclosure>true</QuidProQuoDisclosure>
      <Form8282PropertyDisposedOf>false</Form8282PropertyDisposedOf>
      <FundsToPayPremiums>false</FundsToPayPremiums>
      <PremiumsPaid>false</PremiumsPaid>
      <IndoorTanningServices>false</IndoorTanningServices>
      <InfoInScheduleOPartVI>X</InfoInScheduleOPartVI>
      <NbrVotingGoverningBodyMembers>30</NbrVotingGoverningBodyMembers>
      <NumberIndependentVotingMembers>26</NumberIndependentVotingMembers>
      <FamilyOrBusinessRelationship>true</FamilyOrBusinessRelationship>
      <DelegationOfManagementDuties>false</DelegationOfManagementDuties>
      <ChangesToOrganizingDocs>false</ChangesToOrganizingDocs>
      <MaterialDiversionOrMisuse>false</MaterialDiversionOrMisuse>
      <MembersOrStockholders>true</MembersOrStockholders>
      <ElectionOfBoardMembers>true</ElectionOfBoardMembers>
      <DecisionsSubjectToApproval>true</DecisionsSubjectToApproval>
      <MinutesOfGoverningBody>true</MinutesOfGoverningBody>
      <MinutesOfCommittees>true</MinutesOfCommittees>
      <OfficerMailingAddress>false</OfficerMailingAddress>
      <LocalChapters>false</LocalChapters>
      <Form990ProvidedToGoverningBody>true</Form990ProvidedToGoverningBody>
      <ConflictOfInterestPolicy>true</ConflictOfInterestPolicy>
      <AnnualDisclosureCoveredPersons>true</AnnualDisclosureCoveredPersons>
      <RegularMonitoringEnforcement>true</RegularMonitoringEnforcement>
      <WhistleblowerPolicy>true</WhistleblowerPolicy>
      <DocumentRetentionPolicy>true</DocumentRetentionPolicy>
      <CompensationProcessCEO>true</CompensationProcessCEO>
      <CompensationProcessOther>true</CompensationProcessOther>
      <InvestmentInJointVenture>false</InvestmentInJointVenture>
      <UponRequest>X</UponRequest>
      <TheBooksAreInCareOf>
        <NamePerson>ANNE MARIE WAGNER CFO</NamePerson>
        <TelephoneNumber>5132444711</TelephoneNumber>
        <AddressUS>
          <AddressLine1>5701 DELHI ROAD</AddressLine1>
          <City>Cincinnati</City>
          <State>OH</State>
          <ZIPCode>452331670</ZIPCode>
        </AddressUS>
      </TheBooksAreInCareOf>
      <InfoInScheduleOPartVII>X</InfoInScheduleOPartVII>
      <Form990PartVIISectionA>
        <NamePerson>Tony Aretz</NamePerson>
        <Title>President</Title>
        <AverageHoursPerWeek>48.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>222314</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>74007</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Linda Antus</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Nancy Bramlage SC</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Joanne M Burrows SC</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Barbara Davis SC</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>George S Elliot</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Eric M Ellis</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Michael J Habel</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Mary E Ivers</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Frank G Julian</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Mary Denise Kuprionis</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Michael T LaRosa</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Tim Massa</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Judith Metz SC</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Jason P Niehaus</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>E Richard Oberschmidt Esq</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>David P Osborn CFA</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Bernadette L Plair</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>John S Prout</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Toby P Rau</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Lisa Sanger</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Thomas J Schiller</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Mary Delores Schneider SC</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Timothy J Schroeder</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Bernard P Suer</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Mark Weadick</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Patricia Wittberg SC</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Georgine B Wolohan</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Donald B Bush</NamePerson>
        <Title>Chair, Board of Trustees</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Kenneth W Stecher</NamePerson>
        <Title>Vice-Chair, Board of Trustees</Title>
        <AverageHoursPerWeek>1.0</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Anne Marie Wagner</NamePerson>
        <Title>Treasurer, Secretary, CFO</Title>
        <AverageHoursPerWeek>48.0</AverageHoursPerWeek>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>127333</ReportableCompFromOrganization>
        <OtherCompensation>8933</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Alan Decourcy</NamePerson>
        <Title>VP - Academic Affairs</Title>
        <AverageHoursPerWeek>48.0</AverageHoursPerWeek>
        <HighestCompensatedEmployee>X</HighestCompensatedEmployee>
        <ReportableCompFromOrganization>115238</ReportableCompFromOrganization>
        <OtherCompensation>8539</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Mark Distasi</NamePerson>
        <Title>VP - Institutional Advancement</Title>
        <AverageHoursPerWeek>48.0</AverageHoursPerWeek>
        <HighestCompensatedEmployee>X</HighestCompensatedEmployee>
        <ReportableCompFromOrganization>109642</ReportableCompFromOrganization>
        <OtherCompensation>30761</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Susan Johnson</NamePerson>
        <Title>Dean of Health Sciences</Title>
        <AverageHoursPerWeek>48.0</AverageHoursPerWeek>
        <HighestCompensatedEmployee>X</HighestCompensatedEmployee>
        <ReportableCompFromOrganization>108773</ReportableCompFromOrganization>
        <OtherCompensation>7051</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Darla Vale</NamePerson>
        <Title>Dean of Adult &amp; Grad Studies</Title>
        <AverageHoursPerWeek>48.0</AverageHoursPerWeek>
        <HighestCompensatedEmployee>X</HighestCompensatedEmployee>
        <ReportableCompFromOrganization>111275</ReportableCompFromOrganization>
        <OtherCompensation>7422</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Keith Weber</NamePerson>
        <Title>Chief Information Officer</Title>
        <AverageHoursPerWeek>48.0</AverageHoursPerWeek>
        <HighestCompensatedEmployee>X</HighestCompensatedEmployee>
        <ReportableCompFromOrganization>106652</ReportableCompFromOrganization>
        <OtherCompensation>6654</OtherCompensation>
      </Form990PartVIISectionA>
      <TotalReportableCompFromOrg>901227</TotalReportableCompFromOrg>
      <TotalReportableCompFrmRltdOrgs>0</TotalReportableCompFrmRltdOrgs>
      <TotalOtherCompensation>143367</TotalOtherCompensation>
      <NumberIndividualsGT100K>13</NumberIndividualsGT100K>
      <FormersListed>false</FormersListed>
      <TotalCompGT150K>true</TotalCompGT150K>
      <CompensationFromOtherSources>false</CompensationFromOtherSources>
      <ContractorCompensation>
        <NameOfContractor>
          <NamePerson>Sanese Food Services Inc</NamePerson>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>6465 Busch Blvd</AddressLine1>
            <City>COLUMBUS</City>
            <State>OH</State>
            <ZIPCode>43229</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>FOOD SERVICES</DescriptionOfServices>
        <Compensation>1181272</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NamePerson>Messer Construction</NamePerson>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>2495 Langdon Farm Road</AddressLine1>
            <City>CINCINNATI</City>
            <State>OH</State>
            <ZIPCode>45237</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>CONSTRUCTION</DescriptionOfServices>
        <Compensation>411873</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NamePerson>Imbus Roofing Co</NamePerson>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>5 Charlin Dr</AddressLine1>
            <City>WILDER</City>
            <State>KY</State>
            <ZIPCode>41076</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>ROOFING</DescriptionOfServices>
        <Compensation>336705</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NamePerson>Sonoran Integrations</NamePerson>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>45112 N 20th Street</AddressLine1>
            <City>PHOENIX</City>
            <State>AZ</State>
            <ZIPCode>85087</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>COMMUN. TECH. SVCS</DescriptionOfServices>
        <Compensation>252192</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NamePerson>Jenzabar</NamePerson>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>4001 Executive Park Dr</AddressLine1>
            <City>CINCINNATI</City>
            <State>OH</State>
            <ZIPCode>45241</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>SOFTWARE MAINTENANCE</DescriptionOfServices>
        <Compensation>198110</Compensation>
      </ContractorCompensation>
      <NumberOfContractorsGT100K>8</NumberOfContractorsGT100K>
      <FundraisingEvents>149788</FundraisingEvents>
      <RelatedOrganizations>1550328</RelatedOrganizations>
      <GovernmentGrants>490560</GovernmentGrants>
      <AllOtherContributions>2654065</AllOtherContributions>
      <NoncashContributions>569134</NoncashContributions>
      <TotalContributions>4844741</TotalContributions>
      <ProgramServiceRevenue>
        <Description>Undergraduate Education</Description>
        <BusinessCode>611310</BusinessCode>
        <TotalRevenueColumn>36927528</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>36927528</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <ProgramServiceRevenue>
        <Description>Student and Resident Life</Description>
        <BusinessCode>611310</BusinessCode>
        <TotalRevenueColumn>3529694</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>3529694</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <ProgramServiceRevenue>
        <Description>Graduate Education</Description>
        <BusinessCode>611310</BusinessCode>
        <TotalRevenueColumn>7625235</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>7625235</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <TotalProgramServiceRevenue>48082457</TotalProgramServiceRevenue>
      <InvestmentIncome>
        <TotalRevenueColumn>612715</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>0</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>117</UnrelatedBusinessRevenue>
        <ExclusionAmount>612598</ExclusionAmount>
      </InvestmentIncome>
      <IncomeFromInvestBondProceeds>
        <TotalRevenueColumn>0</TotalRevenueColumn>
      </IncomeFromInvestBondProceeds>
      <RoyaltiesRevenue>
        <TotalRevenueColumn>0</TotalRevenueColumn>
      </RoyaltiesRevenue>
      <GrossAmountSalesAssets>
        <Securities>12132963</Securities>
      </GrossAmountSalesAssets>
      <LessCostOthBasisSalesExpenses>
        <Securities>11499356</Securities>
      </LessCostOthBasisSalesExpenses>
      <GainOrLoss>
        <Securities>633607</Securities>
      </GainOrLoss>
      <NetGainOrLossInvestments>
        <TotalRevenueColumn>633607</TotalRevenueColumn>
        <ExclusionAmount>633607</ExclusionAmount>
      </NetGainOrLossInvestments>
      <GrossIncomeFundraisingEvents>102972</GrossIncomeFundraisingEvents>
      <CntrbtnsRprtdFundraisingEvents>149788</CntrbtnsRprtdFundraisingEvents>
      <FundraisingDirectExpenses>82130</FundraisingDirectExpenses>
      <NetIncomeFromFundraisingEvents>
        <TotalRevenueColumn>20842</TotalRevenueColumn>
        <ExclusionAmount>20842</ExclusionAmount>
      </NetIncomeFromFundraisingEvents>
      <NetIncomeFromGaming>
        <TotalRevenueColumn>0</TotalRevenueColumn>
      </NetIncomeFromGaming>
      <NetIncomeOrLoss>
        <TotalRevenueColumn>0</TotalRevenueColumn>
      </NetIncomeOrLoss>
      <OtherRevenueMisc>
        <Description>FACILITIES RENTAL</Description>
        <BusinessCode>531190</BusinessCode>
        <TotalRevenueColumn>205516</TotalRevenueColumn>
        <UnrelatedBusinessRevenue>53701</UnrelatedBusinessRevenue>
        <ExclusionAmount>151815</ExclusionAmount>
      </OtherRevenueMisc>
      <OtherRevenueMisc>
        <Description>FOOD COURT</Description>
        <BusinessCode>900099</BusinessCode>
        <TotalRevenueColumn>63753</TotalRevenueColumn>
        <ExclusionAmount>63753</ExclusionAmount>
      </OtherRevenueMisc>
      <OtherRevenueMisc>
        <Description>OTHER</Description>
        <BusinessCode>900099</BusinessCode>
        <TotalRevenueColumn>23904</TotalRevenueColumn>
        <ExclusionAmount>23904</ExclusionAmount>
      </OtherRevenueMisc>
      <TotalOtherRevenue>293173</TotalOtherRevenue>
      <TotalRevenue>
        <TotalRevenueColumn>54487535</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>48082457</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>53818</UnrelatedBusinessRevenue>
        <ExclusionAmount>1506519</ExclusionAmount>
      </TotalRevenue>
      <GrantsToDomesticOrgs>
        <Total>0</Total>
      </GrantsToDomesticOrgs>
      <GrantsToDomesticIndividuals>
        <Total>12525936</Total>
        <ProgramServices>12525936</ProgramServices>
      </GrantsToDomesticIndividuals>
      <ForeignGrants>
        <Total>0</Total>
      </ForeignGrants>
      <BenefitsToMembers>
        <Total>0</Total>
      </BenefitsToMembers>
      <CompCurrentOfficersDirectors>
        <Total>446527</Total>
        <ManagementAndGeneral>446527</ManagementAndGeneral>
      </CompCurrentOfficersDirectors>
      <CompDisqualPersons>
        <Total>0</Total>
      </CompDisqualPersons>
      <OtherSalariesAndWages>
        <Total>19909247</Total>
        <ProgramServices>17604253</ProgramServices>
        <ManagementAndGeneral>1789665</ManagementAndGeneral>
        <Fundraising>515329</Fundraising>
      </OtherSalariesAndWages>
      <PensionPlanContributions>
        <Total>1003668</Total>
        <ProgramServices>886128</ProgramServices>
        <ManagementAndGeneral>91018</ManagementAndGeneral>
        <Fundraising>26522</Fundraising>
      </PensionPlanContributions>
      <OtherEmployeeBenefits>
        <Total>2620872</Total>
        <ProgramServices>2313942</ProgramServices>
        <ManagementAndGeneral>237674</ManagementAndGeneral>
        <Fundraising>69256</Fundraising>
      </OtherEmployeeBenefits>
      <PayrollTaxes>
        <Total>1416541</Total>
        <ProgramServices>1250650</ProgramServices>
        <ManagementAndGeneral>128459</ManagementAndGeneral>
        <Fundraising>37432</Fundraising>
      </PayrollTaxes>
      <FeesForServicesManagement>
        <Total>0</Total>
      </FeesForServicesManagement>
      <FeesForServicesLegal>
        <Total>34066</Total>
        <ManagementAndGeneral>34066</ManagementAndGeneral>
      </FeesForServicesLegal>
      <FeesForServicesAccounting>
        <Total>149950</Total>
        <ManagementAndGeneral>149950</ManagementAndGeneral>
      </FeesForServicesAccounting>
      <FeesForServicesLobbying>
        <Total>0</Total>
      </FeesForServicesLobbying>
      <FeesForServicesProfFundraising>
        <Total>0</Total>
      </FeesForServicesProfFundraising>
      <FeesForServicesInvstMgmntFees>
        <Total>24699</Total>
        <ManagementAndGeneral>24699</ManagementAndGeneral>
      </FeesForServicesInvstMgmntFees>
      <FeesForServicesOther>
        <Total>1101789</Total>
        <ProgramServices>999108</ProgramServices>
        <ManagementAndGeneral>60496</ManagementAndGeneral>
        <Fundraising>42185</Fundraising>
      </FeesForServicesOther>
      <Advertising>
        <Total>279003</Total>
        <ProgramServices>267584</ProgramServices>
        <ManagementAndGeneral>11419</ManagementAndGeneral>
      </Advertising>
      <OfficeExpenses>
        <Total>2667045</Total>
        <ProgramServices>2311429</ProgramServices>
        <ManagementAndGeneral>256661</ManagementAndGeneral>
        <Fundraising>98955</Fundraising>
      </OfficeExpenses>
      <InformationTechnology>
        <Total>247083</Total>
        <ProgramServices>247083</ProgramServices>
      </InformationTechnology>
      <Royalties>
        <Total>0</Total>
      </Royalties>
      <Occupancy>
        <Total>886428</Total>
        <ProgramServices>886428</ProgramServices>
      </Occupancy>
      <Travel>
        <Total>755640</Total>
        <ProgramServices>748436</ProgramServices>
        <ManagementAndGeneral>2336</ManagementAndGeneral>
        <Fundraising>4868</Fundraising>
      </Travel>
      <TravelEntrtnmntPublicOfficials>
        <Total>0</Total>
      </TravelEntrtnmntPublicOfficials>
      <ConferencesMeetings>
        <Total>171286</Total>
        <ProgramServices>144742</ProgramServices>
        <ManagementAndGeneral>18151</ManagementAndGeneral>
        <Fundraising>8393</Fundraising>
      </ConferencesMeetings>
      <Interest>
        <Total>670142</Total>
        <ManagementAndGeneral>670142</ManagementAndGeneral>
      </Interest>
      <PaymentsToAffiliates>
        <Total>0</Total>
      </PaymentsToAffiliates>
      <DepreciationDepletion>
        <Total>3957761</Total>
        <ProgramServices>2751142</ProgramServices>
        <ManagementAndGeneral>1206619</ManagementAndGeneral>
      </DepreciationDepletion>
      <Insurance>
        <Total>346919</Total>
        <ProgramServices>346919</ProgramServices>
      </Insurance>
      <OtherExpenses>
        <Description>BOARD AND FOOD COURT EXPENSE</Description>
        <Total>912908</Total>
        <ProgramServices>912908</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Hospitality</Description>
        <Total>469167</Total>
        <ProgramServices>383377</ProgramServices>
        <ManagementAndGeneral>28776</ManagementAndGeneral>
        <Fundraising>57014</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>LIBRARY BOOKS/SOFTWARE/SUBSCR.</Description>
        <Total>180178</Total>
        <ProgramServices>172213</ProgramServices>
        <ManagementAndGeneral>560</ManagementAndGeneral>
        <Fundraising>7405</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>BAD DEBTS EXPENSE</Description>
        <Total>54086</Total>
        <ManagementAndGeneral>54086</ManagementAndGeneral>
      </OtherExpenses>
      <AllOtherExpenses>
        <Total>142258</Total>
        <ProgramServices>96819</ProgramServices>
        <ManagementAndGeneral>13143</ManagementAndGeneral>
        <Fundraising>32296</Fundraising>
      </AllOtherExpenses>
      <TotalFunctionalExpenses>
        <Total>50973199</Total>
        <ProgramServices>44849097</ProgramServices>
        <ManagementAndGeneral>5224447</ManagementAndGeneral>
        <Fundraising>899655</Fundraising>
      </TotalFunctionalExpenses>
      <CashNonInterestBearing>
        <BOY>3868255</BOY>
        <EOY>3974789</EOY>
      </CashNonInterestBearing>
      <SavingsAndTempCashInvestments>
        <BOY>4319105</BOY>
        <EOY>3918689</EOY>
      </SavingsAndTempCashInvestments>
      <PledgesAndGrantsReceivable>
        <BOY>1064648</BOY>
        <EOY>3888080</EOY>
      </PledgesAndGrantsReceivable>
      <AccountsReceivable>
        <BOY>953398</BOY>
        <EOY>799180</EOY>
      </AccountsReceivable>
      <ReceivablesFromOfficersEtc>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </ReceivablesFromOfficersEtc>
      <ReceivablesFromDisqualPersons>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </ReceivablesFromDisqualPersons>
      <OtherNotesLoansReceivableNet>
        <BOY>1543425</BOY>
        <EOY>1507071</EOY>
      </OtherNotesLoansReceivableNet>
      <InventoriesForSaleOrUse>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </InventoriesForSaleOrUse>
      <PrepaidExpensesDeferredCharges>
        <BOY>866664</BOY>
        <EOY>1035460</EOY>
      </PrepaidExpensesDeferredCharges>
      <LandBuildingsEquipmentBasis>72341685</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>44931902</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
        <BOY>29093484</BOY>
        <EOY>27409783</EOY>
      </LandBuildingsEquipmentBasisNet>
      <InvestmentsPubTradedSecurities>
        <BOY>32766986</BOY>
        <EOY>33980021</EOY>
      </InvestmentsPubTradedSecurities>
      <InvestmentsOtherSecurities>
        <BOY>2205125</BOY>
        <EOY>2103856</EOY>
      </InvestmentsOtherSecurities>
      <InvestmentsProgramRelated>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </InvestmentsProgramRelated>
      <IntangibleAssets>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </IntangibleAssets>
      <OtherAssetsTotal>
        <BOY>428819</BOY>
        <EOY>412200</EOY>
      </OtherAssetsTotal>
      <TotalAssets>
        <BOY>77109909</BOY>
        <EOY>79029129</EOY>
      </TotalAssets>
      <AccountsPayableAccruedExpenses>
        <BOY>1762721</BOY>
        <EOY>2069674</EOY>
      </AccountsPayableAccruedExpenses>
      <GrantsPayable>
        <BOY>1661694</BOY>
        <EOY>1569712</EOY>
      </GrantsPayable>
      <DeferredRevenue>
        <BOY>4517455</BOY>
        <EOY>4356713</EOY>
      </DeferredRevenue>
      <TaxExemptBondLiabilities>
        <BOY>14830000</BOY>
        <EOY>14315000</EOY>
      </TaxExemptBondLiabilities>
      <EscrowAccountLiability>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </EscrowAccountLiability>
      <LoansFromOfficersDirectors>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </LoansFromOfficersDirectors>
      <MortNotesPyblSecuredInvestProp>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </MortNotesPyblSecuredInvestProp>
      <UnsecuredNotesLoansPayable>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </UnsecuredNotesLoansPayable>
      <OtherLiabilities>
        <BOY>1620864</BOY>
        <EOY>1931999</EOY>
      </OtherLiabilities>
      <TotalLiabilities>
        <BOY>24392734</BOY>
        <EOY>24243098</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>29844033</BOY>
        <EOY>30256868</EOY>
      </UnrestrictedNetAssets>
      <TemporarilyRestrictedNetAssets>
        <BOY>8443802</BOY>
        <EOY>9013887</EOY>
      </TemporarilyRestrictedNetAssets>
      <PermanentlyRestrictedNetAssets>
        <BOY>14429340</BOY>
        <EOY>15515276</EOY>
      </PermanentlyRestrictedNetAssets>
      <TotalNetAssetsFundBalances>
        <BOY>52717175</BOY>
        <EOY>54786031</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>77109909</BOY>
        <EOY>79029129</EOY>
      </TotalLiabNetAssetsFundBalances>
      <InfoInScheduleOPartXI>X</InfoInScheduleOPartXI>
      <ReconcilationRevenueExpenses>3514336</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>-1445480</ReconcilationOtherChanges>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <AuditCommittee>true</AuditCommittee>
      <FinancialStatementSeparate>X</FinancialStatementSeparate>
      <FederalGrantAuditRequired>true</FederalGrantAuditRequired>
      <FederalGrantAuditPerformed>true</FederalGrantAuditPerformed>
    </IRS990>
    <IRS990ScheduleA documentId="IRS990ScheduleA">
      <School170b1Aii>X</School170b1Aii>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="IRS990ScheduleB">
      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="IRS990ScheduleD">
      <ArtPublicExhibitionAmts />
      <HeldWorksOfArtAmts />
      <CurrentYear>
        <BeginningOfYearBalance>27439889</BeginningOfYearBalance>
        <Contributions>2569414</Contributions>
        <InvestmentEarningsOrLosses>77281</InvestmentEarningsOrLosses>
        <GrantsOrScholarships>668477</GrantsOrScholarships>
        <OtherExpenditures>328480</OtherExpenditures>
        <EndOfYearBalance>29089627</EndOfYearBalance>
      </CurrentYear>
      <CurrentYearMinus1Year>
        <BeginningOfYearBalance>20998938</BeginningOfYearBalance>
        <Contributions>1724204</Contributions>
        <InvestmentEarningsOrLosses>5612498</InvestmentEarningsOrLosses>
        <GrantsOrScholarships>591804</GrantsOrScholarships>
        <OtherExpenditures>303947</OtherExpenditures>
        <EndOfYearBalance>27439889</EndOfYearBalance>
      </CurrentYearMinus1Year>
      <CurrentYearMinus2Years>
        <BeginningOfYearBalance>19384081</BeginningOfYearBalance>
        <Contributions>827874</Contributions>
        <InvestmentEarningsOrLosses>1621878</InvestmentEarningsOrLosses>
        <GrantsOrScholarships>621148</GrantsOrScholarships>
        <OtherExpenditures>213747</OtherExpenditures>
        <EndOfYearBalance>20998938</EndOfYearBalance>
      </CurrentYearMinus2Years>
      <CurrentYearMinus3Years>
        <BeginningOfYearBalance>24872334</BeginningOfYearBalance>
        <Contributions>333038</Contributions>
        <InvestmentEarningsOrLosses>-3579564</InvestmentEarningsOrLosses>
        <GrantsOrScholarships>606124</GrantsOrScholarships>
        <OtherExpenditures>1635643</OtherExpenditures>
        <EndOfYearBalance>19384041</EndOfYearBalance>
      </CurrentYearMinus3Years>
      <BoardDesignatedEOYBalance>0.27000</BoardDesignatedEOYBalance>
      <PermanentEndowmentEOYBalance>0.51000</PermanentEndowmentEOYBalance>
      <TermEndowmentEOYBalance>0.22000</TermEndowmentEOYBalance>
      <EndowmentsHeldByUnrelatedOrgs>false</EndowmentsHeldByUnrelatedOrgs>
      <EndowmentsHeldByRelatedOrgs>false</EndowmentsHeldByRelatedOrgs>
      <Land>
        <InvestmentCostOrOtherBasis>1937404</InvestmentCostOrOtherBasis>
        <BookValue>1937404</BookValue>
      </Land>
      <Buildings>
        <InvestmentCostOrOtherBasis>14911214</InvestmentCostOrOtherBasis>
        <Depreciation>5889670</Depreciation>
        <BookValue>9021544</BookValue>
      </Buildings>
      <LeaseholdImprovements>
        <InvestmentCostOrOtherBasis>32601969</InvestmentCostOrOtherBasis>
        <Depreciation>22703243</Depreciation>
        <BookValue>9898726</BookValue>
      </LeaseholdImprovements>
      <Equipment>
        <InvestmentCostOrOtherBasis>13645842</InvestmentCostOrOtherBasis>
        <Depreciation>11179801</Depreciation>
        <BookValue>2466041</BookValue>
      </Equipment>
      <OtherLandBuildings>
        <InvestmentCostOrOtherBasis>9245256</InvestmentCostOrOtherBasis>
        <Depreciation>5159188</Depreciation>
        <BookValue>4086068</BookValue>
      </OtherLandBuildings>
      <TotalOfBookValueLandBuildings>27409783</TotalOfBookValueLandBuildings>
      <FederalIncomeTaxLiability>0</FederalIncomeTaxLiability>
      <OtherLiabilities>
        <Description>Deposits</Description>
        <Amount>499435</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>Financial Instruments Liability</Description>
        <Amount>1432564</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>1931999</TotalOfAmounts>
      <TotalRevenue>54487535</TotalRevenue>
      <TotalExpenses>50973199</TotalExpenses>
      <ExcessOrDeficitForYear>3514336</ExcessOrDeficitForYear>
      <NetUnrealizedGLOnInvestments>-1098048</NetUnrealizedGLOnInvestments>
      <OtherAmount>-347432</OtherAmount>
      <TotalAdjustments>-1445480</TotalAdjustments>
      <ExcessOrDeficitPerFS>2068856</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>53042055</TotRevenueEtcAuditedFinclStmt>
      <NetUnrealizedGainsInvestments>-1098048</NetUnrealizedGainsInvestments>
      <OtherRevenues>-347432</OtherRevenues>
      <RevenueNotRptdF990>-1445480</RevenueNotRptdF990>
      <RevenueSubtotal>54487535</RevenueSubtotal>
      <TotalRevenuePerForm990>54487535</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>50973199</TotExpensesEtcAuditedFinclStmt>
      <ExpensesSubtotal>50973199</ExpensesSubtotal>
      <TotalExpensesPerForm990>50973199</TotalExpensesPerForm990>
      <Form990ScheduleDPartXIV>
        <Identifier>Organization's Intended use of Endowment Funds</Identifier>
        <ReturnReference>Schedule D, Part V, Line 4</ReturnReference>
        <Explanation>THE COLLEGE'S ENDOWMENT FUND IS PRIMARILY USED TO FUND SCHOLARSHIPS/AID TO STUDENTS. OTHER USES INCLUDE PLANT OPERATIONS, INSTRUCTIONAL, AND ACADEMIC SUPPORT.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>Liability for Uncertain Tax Positions</Identifier>
        <ReturnReference>Schedule D, Part X, Line 2</ReturnReference>
        <Explanation>THE COLLEGE APPLIES THE PROVISIONS OF ASC 740, INCOME TAXES, IN REGARDS TO UNCERTAIN TAX POSITIONS. THE COLLEGE COMPLETED AN ANALYSIS OF ITS TAX POSITIONS AT JUNE 30, 2012 AND 2011, AND DETERMINED THAT NO AMOUNTS WERE REQUIRED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>Reconciliation of Change in Net Assets</Identifier>
        <ReturnReference>Schedule D, Part XI, Line 8</ReturnReference>
        <Explanation>LOSS ON FINANCIAL INSTRUMENTS: ($391,959) CHANGE IN ANNUITIES PAYABLE: $ 44,527 SUM: ($347,432)</Explanation>
      </Form990ScheduleDPartXIV>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="IRS990ScheduleE">
      <NondiscriminatoryPolicyStmt>true</NondiscriminatoryPolicyStmt>
      <PolicyStatementInBrochuresEtc>true</PolicyStatementInBrochuresEtc>
      <PolicyPublViaBroadcastMedia>true</PolicyPublViaBroadcastMedia>
      <MaintRacialCompositionRecords>true</MaintRacialCompositionRecords>
      <MaintScholarshipsRecords>true</MaintScholarshipsRecords>
      <MaintCopiesOfBrochuresEtc>true</MaintCopiesOfBrochuresEtc>
      <MaintCopiesOfAllSolicitations>true</MaintCopiesOfAllSolicitations>
      <DiscriminateRaceStudentsRights>false</DiscriminateRaceStudentsRights>
      <DiscriminateRaceAdmissPolicies>false</DiscriminateRaceAdmissPolicies>
      <DiscriminateRaceEmplmnFaculty>false</DiscriminateRaceEmplmnFaculty>
      <DiscriminateRaceScholarships>false</DiscriminateRaceScholarships>
      <DiscriminateRaceEducPolicies>false</DiscriminateRaceEducPolicies>
      <DiscriminateRaceUseOfFclts>false</DiscriminateRaceUseOfFclts>
      <DiscriminateRaceAthleticProg>false</DiscriminateRaceAthleticProg>
      <DiscriminateRaceOtherActy>false</DiscriminateRaceOtherActy>
      <GovernmentFinancialAidReceived>true</GovernmentFinancialAidReceived>
      <GovernmentFinancialAidRevoked>false</GovernmentFinancialAidRevoked>
      <ComplianceWithRevProc7550>true</ComplianceWithRevProc7550>
      <Form990ScheduleEPartII>
        <Identifier>PUBLICATION OF NONDISCRIMINATORY POLICY</Identifier>
        <ReturnReference>SCHEDULE E, LINE 3</ReturnReference>
        <Explanation>THE COLLEGE OF MOUNT ST. JOSEPH IS COMMITTED TO PROVIDING AN EDUCATIONAL AND EMPLOYMENT ENVIRONMENT FREE FROM DISCRIMINATION OR HARASSMENT ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, SEX, AGE, DISABILITY, OR OTHER MINORITY OR PROTECTED STATUS. THIS COMMITMENT EXTENDS TO THE COLLEGE'S ADMINISTRATION OF ITS ADMISSION, FINANCIAL AID, EMPLOYMENT AND ACADEMIC POLICIES, AS WELL AS THE COLLEGE'S ATHLETIC PROGRAMS AND OTHER COLLEGE-ADMINISTERED PROGRAMS, SERVICES, AND ACTIVITIES. THIS IS PUBLISHED ON THE FRONT PAGE OF THE COLLEGE'S WEBSITE AS WELL AS OUR COLLEGE CATALOG. FINANCIAL AID OR ASSISTANCE FROM GOVERNMENT AGENCIES SCHEDULE E, LINE 6A The institution receives financial aid from the US Department of Education in the form of College Work Study, Upward Bound, and Supplemental Education Opportunity Grants.</Explanation>
      </Form990ScheduleEPartII>
    </IRS990ScheduleE>
    <IRS990ScheduleF documentId="IRS990ScheduleF">
      <GrantRecordsMaintained>true</GrantRecordsMaintained>
      <AcctsActvsOutUSTable>
        <Region>East Asia and the Pacific</Region>
        <NumberOfOffices>0</NumberOfOffices>
        <NumberOfEmployees>0</NumberOfEmployees>
        <TypeOfActivitiesConducted>Investments</TypeOfActivitiesConducted>
        <TotalExpenditures>1158167</TotalExpenditures>
      </AcctsActvsOutUSTable>
      <AcctsActvsOutUSTable>
        <Region>Europe (Including Iceland and Greenland)</Region>
        <NumberOfOffices>0</NumberOfOffices>
        <NumberOfEmployees>0</NumberOfEmployees>
        <TypeOfActivitiesConducted>Investments</TypeOfActivitiesConducted>
        <TotalExpenditures>1985429</TotalExpenditures>
      </AcctsActvsOutUSTable>
      <AcctsActvsOutUSTable>
        <Region>South America</Region>
        <NumberOfOffices>0</NumberOfOffices>
        <NumberOfEmployees>0</NumberOfEmployees>
        <TypeOfActivitiesConducted>Investments</TypeOfActivitiesConducted>
        <TotalExpenditures>99271</TotalExpenditures>
      </AcctsActvsOutUSTable>
      <AcctsActvsOutUSTable>
        <Region>North America</Region>
        <NumberOfOffices>0</NumberOfOffices>
        <NumberOfEmployees>0</NumberOfEmployees>
        <TypeOfActivitiesConducted>Investments</TypeOfActivitiesConducted>
        <TotalExpenditures>66181</TotalExpenditures>
      </AcctsActvsOutUSTable>
      <SubtotalNumberOfOffices>0</SubtotalNumberOfOffices>
      <SubtotalNumberOfEmployees>0</SubtotalNumberOfEmployees>
      <TotalNumberOfOffices>0</TotalNumberOfOffices>
      <TotalNumberOfEmployees>0</TotalNumberOfEmployees>
      <SubtotalAmountSpent>3309048</SubtotalAmountSpent>
      <TotalAmountSpent>3309048</TotalAmountSpent>
      <TransferToForeignCorp>false</TransferToForeignCorp>
      <InterestInForeignTrust>false</InterestInForeignTrust>
      <OwnForeignCorp>false</OwnForeignCorp>
      <PassiveForeignInvestCo>false</PassiveForeignInvestCo>
      <ForeignPartnership>false</ForeignPartnership>
      <BoycottCountries>false</BoycottCountries>
    </IRS990ScheduleF>
    <IRS990ScheduleG documentId="IRS990ScheduleG">
      <EventsInformation>
        <NameOfEvent1>Four Corners</NameOfEvent1>
        <GrossReceiptsEvent1>219403</GrossReceiptsEvent1>
        <CharitableContributionsEvent1>137960</CharitableContributionsEvent1>
        <GrossRevenueEvent1>81443</GrossRevenueEvent1>
        <NonCashPrizesEvent1>31118</NonCashPrizesEvent1>
        <RentFacilityCostsEvent1>2452</RentFacilityCostsEvent1>
        <FoodAndBeverageEvent1>23596</FoodAndBeverageEvent1>
        <OtherDirectExpensesEvent1>5879</OtherDirectExpensesEvent1>
        <NameOfEvent2>Football Golf</NameOfEvent2>
        <GrossReceiptsEvent2>11500</GrossReceiptsEvent2>
        <CharitableContributionsEvent2>5400</CharitableContributionsEvent2>
        <GrossRevenueEvent2>6100</GrossRevenueEvent2>
        <RentFacilityCostsEvent2>4660</RentFacilityCostsEvent2>
        <TotalNumberOfOtherEvents>3</TotalNumberOfOtherEvents>
        <GrossReceiptsOtherEvents>21857</GrossReceiptsOtherEvents>
        <CharitableContribOtherEvents>6428</CharitableContribOtherEvents>
        <GrossRevenueOtherEvents>15429</GrossRevenueOtherEvents>
        <RentFacilityCostsOtherEvents>14425</RentFacilityCostsOtherEvents>
        <GrossReceiptsTotal>252760</GrossReceiptsTotal>
        <CharitableContributionsTotal>149788</CharitableContributionsTotal>
        <GrossRevenueTotalEvents>102972</GrossRevenueTotalEvents>
        <NonCashPrizesTotalEvents>31118</NonCashPrizesTotalEvents>
        <RentFacilityCostsTotalEvents>21537</RentFacilityCostsTotalEvents>
        <FoodAndBeverageTotalEvents>23596</FoodAndBeverageTotalEvents>
        <OtherDirectExpensesTotalEvents>5879</OtherDirectExpensesTotalEvents>
        <DirectExpenseSummaryEvents>82130</DirectExpenseSummaryEvents>
        <NetIncomeSummary>20842</NetIncomeSummary>
      </EventsInformation>
    </IRS990ScheduleG>
    <IRS990ScheduleI documentId="IRS990ScheduleI">
      <RecordsMaintained>true</RecordsMaintained>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>Student Aid</TypeOfGrant>
        <NumberOfRecipients>1754</NumberOfRecipients>
        <AmountOfCashGrant>12525936</AmountOfCashGrant>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIV>
        <Identifier>Form 990, Schedule I</Identifier>
        <ReturnReference>Description of Organization's Procedures for Monitoring the Use of Grants</ReturnReference>
        <Explanation>A LIST OF RECIPIENTS OF SCHOLARSHIPS, FELLOWSHIPS, AND GRANTS IS ON FILE AT THE INSTITUTION UPON REQUEST. ALTHOUGH THERE MAY BE RECIPIENTS WHO ARE RELATED TO PERSONS HAVING AN INTEREST IN THE ORGANIZATION, SUCH RECIPIENTS ARE ON AN EQUAL, OBJECTIVELY DETERMINABLE BASIS WITH OTHER RECIPIENTS; THAT IS ALL STUDENTS RECEIVING AID ARE JUDGED WORTHY BY THE INSTITUTION'S ASSESSMENT ON THE BASIS OF ACHIEVEMENT, FINANCIAL NEED, AND OTHER SIMILAR STANDARDS.</Explanation>
      </Form990ScheduleIPartIV>
    </IRS990ScheduleI>
    <IRS990ScheduleJ documentId="IRS990ScheduleJ">
      <TravelForCompanions>X</TravelForCompanions>
      <HousingAllowanceOrResidence>X</HousingAllowanceOrResidence>
      <ClubDuesOrFees>X</ClubDuesOrFees>
      <PersonalServices>X</PersonalServices>
      <WrittenPolicyReTAndEExpenses>false</WrittenPolicyReTAndEExpenses>
      <SubstantiationRequired>true</SubstantiationRequired>
      <CompensationCommittee>X</CompensationCommittee>
      <CompensationSurvey>X</CompensationSurvey>
      <BoardOrCommitteeApproval>X</BoardOrCommitteeApproval>
      <SeverancePayment>true</SeverancePayment>
      <SupplementalNonqualRetirePlan>false</SupplementalNonqualRetirePlan>
      <EquityBasedCompArrangement>false</EquityBasedCompArrangement>
      <CompBasedOnRevenueOfFilingOrg>false</CompBasedOnRevenueOfFilingOrg>
      <CompBasedOnRevenueRelatedOrgs>false</CompBasedOnRevenueRelatedOrgs>
      <CompBasedNetEarningsFilingOrg>false</CompBasedNetEarningsFilingOrg>
      <CompBasedNetEarningsRelateOrgs>false</CompBasedNetEarningsRelateOrgs>
      <AnyNonFixedPayments>false</AnyNonFixedPayments>
      <InitialContractException>false</InitialContractException>
      <Form990ScheduleJPartII>
        <NamePerson>Tony Aretz</NamePerson>
        <BaseCompensationFilingOrg>198319</BaseCompensationFilingOrg>
        <CompBasedOnRelatedOrgs>0</CompBasedOnRelatedOrgs>
        <BonusFilingOrg>0</BonusFilingOrg>
        <BonusRelatedOrgs>0</BonusRelatedOrgs>
        <OtherCompensationFilingOrg>23995</OtherCompensationFilingOrg>
        <OtherCompensationRelatedOrgs>0</OtherCompensationRelatedOrgs>
        <DeferredCompFilingOrg>0</DeferredCompFilingOrg>
        <DeferredCompRelatedOrgs>0</DeferredCompRelatedOrgs>
        <NontaxableBenefitsFilingOrg>74007</NontaxableBenefitsFilingOrg>
        <NontaxableBenefitsRelatedOrgs>0</NontaxableBenefitsRelatedOrgs>
        <TotalCompensationFilingOrg>296321</TotalCompensationFilingOrg>
        <TotalCompensationRelatedOrgs>0</TotalCompensationRelatedOrgs>
        <CompReportPrior990FilingOrg>0</CompReportPrior990FilingOrg>
        <CompReportPrior990RelatedOrgs>0</CompReportPrior990RelatedOrgs>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartIII>
        <Identifier>Supplemental Compensation Information</Identifier>
        <ReturnReference>SCHEDULE J, PART I, LINE 1B</ReturnReference>
        <Explanation>THE COLLEGE HAS DEVELOPED A FORMAL WRITTEN POLICY REGARDING PAYMENT OR REIMBURSEMENT OF TRAVEL FOR COMPANIONS AS OF 12/31/2012, BUT IT WAS NOT IN PLACE AS OF 6/30/2012. WRITTEN POLICIES HAVE BEEN IN PLACE FOR ALL OTHER CHECKED BOXES IN QUESTION 1B. PRESIDENT TONY ARETZ RECEIVED THE FOLLOWING ADDITIONAL BENEFITS: CAR ALLOWANCE: $11,485 (TAXED) USE OF PRIVATE HOME ON CAMPUS GROUNDS: $16,800/YR PER INDEPENDENT MARKET ANALYSIS UTILITIES FOR HOME USE: $5,371 (ESTIMATED PER INVOICES) AUTHORIZED TRAVEL FOR SPOUSE: $1,036 APPROVED BY THE BOARD OF TRUSTEES CINCINNATI WOMEN'S CLUB MEMBERSHIP FOR SPOUSE: $750 (TAXED) APPROVED BY THE BOARD OF TRUSTEES LEGATUS DUES/FEES: $4,567 (TAXED) APPROVED BY THE BOARD OF TRUSTEES SOCIAL CLUB MEMBERSHIP DUES: $2,710 (TAXED) APPROVED BY THE BOARD OF TRUSTEES MISC. FEES PAID IN SUPPORT OF LOCAL CATHOLIC ORGANIZATIONS ON BEHALF OF THE PRESIDENT: $185 TUITION REMISSION PER THE COLLEGE POLICY: $50,615 TOTAL: $93,519 SEVERENCE PAYMENTS SCHEDULE J, PART I, LINE 4A MARK DISTASI RECEIVED A SEVERENCE PAYMENT IN THE AMOUNT OF $25,217.</Explanation>
      </Form990ScheduleJPartIII>
    </IRS990ScheduleJ>
    <IRS990ScheduleK documentId="IRS990ScheduleK">
      <Form990ScheduleKPartI>
        <IssuerName>
          <BusinessNameLine1>OHIO HIGHER EDUCATIONAL FACILITY COMMISSION</BusinessNameLine1>
        </IssuerName>
        <IssuerEIN>346849674</IssuerEIN>
        <CUSIPNumber>67756BLX6</CUSIPNumber>
        <DateIssued>2009-07-30</DateIssued>
        <IssuePrice>17200000</IssuePrice>
        <DescriptionOfPurpose>SEE SCHEDULE O</DescriptionOfPurpose>
        <Defeased>false</Defeased>
        <OnBehalfOfIssuer>false</OnBehalfOfIssuer>
        <PoolFinancing>false</PoolFinancing>
      </Form990ScheduleKPartI>
      <Form990ScheduleKPartII>
        <AmountRetired>0</AmountRetired>
        <AmountBondDefeased>0</AmountBondDefeased>
        <TotalProceeds>17200000</TotalProceeds>
        <AmountInReserveFund>0</AmountInReserveFund>
        <CapitalizedInterest>0</CapitalizedInterest>
        <RefundingEscrow>0</RefundingEscrow>
        <IssuanceCostsFromProceeds>175500</IssuanceCostsFromProceeds>
        <CreditEnhancement>0</CreditEnhancement>
        <WorkingCapitalExpenditures>0</WorkingCapitalExpenditures>
        <CapitalExpenditures>0</CapitalExpenditures>
        <OtherSpentProceeds>17024450</OtherSpentProceeds>
        <AmountUnspent>0</AmountUnspent>
        <YearOfSubstCompletion>2009</YearOfSubstCompletion>
        <CurrentRefunding>true</CurrentRefunding>
        <AdvanceRefunding>false</AdvanceRefunding>
        <FinalAllocationMade>true</FinalAllocationMade>
        <AdequateBooksAndRecdsMaintaind>true</AdequateBooksAndRecdsMaintaind>
      </Form990ScheduleKPartII>
      <Form990ScheduleKPartIII>
        <OwningBondFinancedProperty>false</OwningBondFinancedProperty>
        <AnyLeaseArrangements>false</AnyLeaseArrangements>
        <MngmentCntrctBondFinancdPrprty>true</MngmentCntrctBondFinancdPrprty>
        <EngageBondCounselContracts>true</EngageBondCounselContracts>
        <AnyResearchAgreements>false</AnyResearchAgreements>
        <PrcntgePrvtBusinessUseByOthers>0.00210</PrcntgePrvtBusinessUseByOthers>
        <PercentageOfPrvtBusinessReUBI>0.00010</PercentageOfPrvtBusinessReUBI>
        <TotalPrivateBusinessUse>0.00220</TotalPrivateBusinessUse>
        <PostIssuanceComplianceProcdrs>false</PostIssuanceComplianceProcdrs>
      </Form990ScheduleKPartIII>
      <Form990ScheduleKPartIV>
        <Form8038TFiled>false</Form8038TFiled>
        <VariableRateIssue>true</VariableRateIssue>
        <HedgeIdentifiedInBooksAndRecds>false</HedgeIdentifiedInBooksAndRecds>
        <NameOfHedgeProvider>
          <BusinessNameLine1>0</BusinessNameLine1>
        </NameOfHedgeProvider>
        <GrossProceedsInvestedInGIC>false</GrossProceedsInvestedInGIC>
        <NameOfGICProvider>
          <BusinessNameLine1>0</BusinessNameLine1>
        </NameOfGICProvider>
        <GrossProceedsInvested>true</GrossProceedsInvested>
        <ExceptionToRebate>false</ExceptionToRebate>
      </Form990ScheduleKPartIV>
      <Form990ScheduleKPartVI>
        <Identifier>SEE SCHEDULE O</Identifier>
        <ReturnReference>0</ReturnReference>
      </Form990ScheduleKPartVI>
    </IRS990ScheduleK>
    <IRS990ScheduleL documentId="IRS990ScheduleL">
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NamePerson>Messer Construction</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>Bernard Suer, BD. Member</Relationship>
        <AmountOfTransaction>411873</AmountOfTransaction>
        <DescriptionOfTransaction>Construction projects</DescriptionOfTransaction>
        <SharingOfRevenues>false</SharingOfRevenues>
      </Form990ScheduleLPartIV>
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NamePerson>Fifth Third Bank</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>Tom Schiller, BD. Member</Relationship>
        <AmountOfTransaction>409227</AmountOfTransaction>
        <DescriptionOfTransaction>Banking/Loans/Investment Mgmt</DescriptionOfTransaction>
        <SharingOfRevenues>false</SharingOfRevenues>
      </Form990ScheduleLPartIV>
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NamePerson>US Bank</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>Toby Rau, BD. Member</Relationship>
        <AmountOfTransaction>975082</AmountOfTransaction>
        <DescriptionOfTransaction>Banking/Loans/Investment Mgmt</DescriptionOfTransaction>
        <SharingOfRevenues>false</SharingOfRevenues>
      </Form990ScheduleLPartIV>
    </IRS990ScheduleL>
    <IRS990ScheduleM documentId="IRS990ScheduleM">
      <WorksOfArt />
      <ArtHistoricalTreasures />
      <ArtFractionalInterest />
      <BooksAndPublications />
      <ClothingAndHouseholdGoods />
      <CarsAndOtherVehicles />
      <BoatsAndPlanes />
      <IntellectualProperty />
      <SecuritiesPubliclyTraded>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>14</NumberOfContributions>
        <NoncashContribsRptdF990>511869</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>COST/SELLING PRICE</MethodOfDeterminingRevenues>
      </SecuritiesPubliclyTraded>
      <SecuritiesCloselyHeldStock />
      <SecuritiesPrtnrshpTrustIntrsts />
      <SecuritiesMiscellaneous />
      <QualifiedContribHistStruct />
      <QualifiedContribOther />
      <RealEstateResidential />
      <RealEstateCommercial />
      <RealEstateOther />
      <Collectibles />
      <FoodInventory />
      <DrugsAndMedicalSupplies />
      <Taxidermy />
      <HistoricalArtifacts />
      <ScientificSpecimens />
      <ArchaeologicalArtifacts />
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>GIFTS IN KIND</Description>
        <NumberOfContributions>136</NumberOfContributions>
        <NoncashContribsRptdF990>50765</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>COST/SELLING PRICE</MethodOfDeterminingRevenues>
      </OtherNonCashContributionsTable>
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>MUSICAL INSTRUMENTS</Description>
        <NumberOfContributions>1</NumberOfContributions>
        <NoncashContribsRptdF990>6500</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>COST/SELLING PRICE</MethodOfDeterminingRevenues>
      </OtherNonCashContributionsTable>
      <NumberOf8283Received>0</NumberOf8283Received>
      <AnyPropertyThatMustBeHeld>false</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>false</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>false</ThirdPartiesUsed>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="IRS990ScheduleO">
      <GeneralExplanation>
        <Identifier>ORGANIZATION'S MISSION</Identifier>
        <ReturnReference>FORM 990, PART I, LINE 1</ReturnReference>
        <Explanation>THE COLLEGE OF MOUNT ST. JOSEPH IS A CATHOLIC ACADEMIC COMMUNITY GROUNDED IN THE SPIRITUAL VALUES AND VISION OF ITS FOUNDERS, THE SISTERS OF CHARITY. THE COLLEGE EDUCATES ITS STUDENTS THROUGH INTERDISCIPLINARY LIBERAL ARTS AND PROFESSIONAL CURRICULA EMPHASIZING VALUES, INTEGRITY AND SOCIAL RESPONSIBILITY. MEMBERS OF THE COLLEGE COMMUNITY EMBRACE: EXCELLENCE IN ACADEMIC ENDEAVORS; INTEGRATION OF LIFE AND LEARNING; RESPECT AND CONCERN FOR ALL PERSONS; DIVERSITY OF CULTURES AND BELIEFS; SERVICE TO OTHERS. VOLUNTEERS FORM 990, PART I, LINE 6 THERE WERE 13 VOLUNTEERS IN COACHING SPOTS FOR THE COLLEGE'S ATHLETIC DEPARTMENT. Description of Relationships Form 990, Part VI, Question 2 THE COLLEGE IS AWARE OF RELATIONSHIPS BETWEEN MEMBERS OF THE BOARD OF TRUSTEES, THEIR COMPANIES, AND OTHER BOARD MEMBERS AND THEIR COMPANIES BUT CONSIDERS THESE RELATIONSHIPS FOCUSED ON SERVICES NORMAL IN THE COURSE OF BUSINESS. DAVID CLARK AND LISA SANGER, TRUSTEES, HAVE A BUSINESS RELATIONSHHIP. MICHAEL HABEL AND DONALD BUSH, TRUSTEES, HAVE A BUSINESS RELATIONSHIP. TOBY RAU, TRUSTEE, HAS BUSINESS RELATIONSHIPS WITH DONALD BUSH, KATHY KELLY, AND TOM SCHILLER, TRUSTEES.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Description of Classes of Members or Stockholders</Identifier>
        <ReturnReference>Form 990, Part VI, Question 6</ReturnReference>
        <Explanation>THE MEMBERS OF THE COLLEGE CORPORATION ARE THE MEMBERS OF THE CORPORATION BOARD FOR SPONSORED MINISTRIES APPOINTED BY THE SISTERS OF CHARITY OF CINCINNATI, OHIO. DESCRIPTION OF CLASSES OF PERSONS AND THE NATURE OF THEIR RIGHTS FORM 990, PART VI, LINE 7A THE BOARD OF TRUSTEES OF THE COLLEGE ARE ELECTED BY THE MEMBERS OF THE CORPORATION BOARD FOR SPONSORED MINISTRIES OF THE SISTERS OF CHARITY OF CINCINNATI, OHIO.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Description of Classes of Persons and the Nature of Their Rights</Identifier>
        <ReturnReference>Form 990, Part VI, Question 7a</ReturnReference>
        <Explanation>THE BOARD OF TRUSTEES OF THE COLLEGE ARE ELECTED BY THE MEMBERS OF THE CORPORATION BOARD FOR SPONSORED MINISTRIES OF THE SISTERS OF CHARITY OF CINCINNATI, OH.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Descr Classes of Persons, Decisions Requiring Appr &amp; Type of Voting Rights</Identifier>
        <ReturnReference>Form 990, Part VI, Question 7b</ReturnReference>
        <Explanation>THE SISTERS OF CHARITY OF CINCINNATI, OHIO IS THE SPONSORING ORDER OF THE COLLEGE. CERTAIN RECOMMENDATIONS FROM THE BOARD OF TRUSTEES (SUCH AS THE ELECTION OR REMOVAL OF THE CEO) MUST BE APPROVED BY THE SISTERS OF CHARITY CORPORATION BOARD. OTHER APPROVAL POWERS VESTED IN THE SISTERS OF CHARITY LEADERSHIP COUNCIL INCLUDE ANY CHANGES TO THE MISSION, PHILOSOPHICAL DIRECTION OR PURPOSES; ESTABLISHING SEPARATE CORPORATIONS; ADOPTION REPEAL, OR AMENDMENT OF THE ARTICLES OF INCORPORATION OR CODE OF REGULATION; ACQUIRING CAPITAL FINANCING AND THE AMORTIZATION OF DEBT; THE PURCHASE, SALE, LEASE, OR DISPOSITION OF REAL PROPERTY OR OTHER ASSETS OR THE INCURRING OF DEBT OR OTHER OBLIGATIONS THAT EXCEED THE MONETARY LIMIT SET ANNUALLY BY THE LEADERSHIP COUNCIL; APPOINTMENT OF EXTERNAL AUDITORS; OR ANY ITEMS IN THE CAPITAL OR OPERATING BUDGET INFERRING A SUBSIDY FROM CONGREGATIONAL FUNDS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Describe the Process used by Management &amp;/or Governing Body to Review 990</Identifier>
        <ReturnReference>Form 990, Part VI, Question 11B</ReturnReference>
        <Explanation>DRAFT COPIES OF THE FORM 990 ARE PRESENTED TO THE AUDIT/FINANCE COMMITTEE AND/OR THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING. AFTER DISCUSSION, MODIFICATIONS OR CHANGES ARE INCORPORATED INTO THE DRAFT. THIS REVISED DRAFT IS THEN PRESENTED TO THE FULL BOARD OF TRUSTEES FOR REVIEW AND DISCUSSION. OPEN ITEMS AFTER THIS DISCUSSION WILL BE TAKEN BACK TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR FINAL APPROVAL. ONCE IT HAS BEEN APPROVED, IT WILL BE MADE AVAILABLE TO THE ENTIRE BOARD OF TRUSTEES BEFORE FILING.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Description of Process to Monitor Transactions for Conflicts of Interest</Identifier>
        <ReturnReference>Form 990, Part VI, Question 12c</ReturnReference>
        <Explanation>ALL OFFICERS, TRUSTEES, AND EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST POLICY STATEMENT ANNUALLY. THE CHIEF COMPLIANCE OFFICER IS RESPONSIBLE FOR DISTRIBUTION, COLLECTION, AND REVIEW OF ALL COMPLETED STATEMENTS. UPON REVIEW, OFFICER, DIRECTOR, AND TRUSTEE STATEMENTS ARE FORWARDED TO THE AUDIT/FINANCE COMMITTEE CHAIR FOR FURTHER REVIEW AND DOCUMENTATION OF ANY CONFLICTS. A CONFLICT IS DETERMINED TO EXIST WHEN A PERSON HAS A BUSINESS RELATIONSHIP WITH THE COLLEGE EITHER PERSONALLY OR THROUGH HIS OR HER EMPLOYER. ANYONE WHO HAS BEEN DETERMINED TO HAVE A CONFLICT SHALL RECUSE HIS OR HER SELF FROM VOTES RELATING TO THE CONFLICT. SUCH RECUSAL IS DOCUMENTED IN BOARD MINUTES.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>DESCRIPTION OF PROCESS TO DETERMINE</Identifier>
        <ReturnReference>Form 990, Part VI, Question 15a &amp; 15b</ReturnReference>
        <Explanation>THE CHAIR OF THE BOARD OF TRUSTEES DISTRIBUTED TO THE INDEPENDENT MEMBERS OF THE EXECUTIVE COMMITTEE COMPARISON SALARY DATA FOR THE PRESIDENT OF THE COLLEGE AND ITS CABINET MEMBERS. THE COMMITTEE REVIEWED AND DISCUSSED THE DATA, COMPARED IT WITH THE ACTUAL SALARY AMOUNTS AND UNANIMOUSLY AGREED THE SALARIES WERE REASONABLE AND FAIR. THIS PROCESS IS DONE ANNUALLY.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Avail of Gov Docs, Conflict of Interest Policy, &amp; Fin Stmts to Gen Public</Identifier>
        <ReturnReference>Form 990, Part VI, Question 19</ReturnReference>
        <Explanation>THE COLLEGE WILL DISCLOSE REFERENCED DOCUMENTS TO THE PUBLIC UPON REQUEST. DESCRIPTION OF OTHER CHANGES IN NET ASSETS OR FUND BALANCES FORM 990, PART XI LINE 5 CHANGE IN UNREALIZED APPRECIATION (DEPRECIATION) ON INVESTMENTS ($1,098,048) LOSS ON FINANCIAL INSTRUMENTS ($391,959) CHANGE IN ANNUITIES PAYABLE $44,527 TOTAL ($1,445,480)</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Description of Purpose of Tax Exempt Bonds</Identifier>
        <ReturnReference>Scehdule K, Part I, Line A, Column F</ReturnReference>
        <Explanation>REVENUE BONDS USED TO REFINANCE PREVIOUS DEBT ISSUED ON 4/1/2004 AND 7/22/2004 AND TO PAY ISSUANCE COSTS. ISSUANCE COSTS FROM PROCEEDS SCHEDULE K, PART II, LINE 7 2009 REPRESENTS THE YEAR IN WHICH REFINANCING OF THE BOND WAS COMPLETE. CONSTRUCTION WAS SUBSTANTIALLY COMPLETE IN 2005 UNDER THE ORIGINAL TAX-EXEMPT BOND ISSUE. CREDIT ENHANCEMENT FROM PROCEEDINGS SCHEDULE K, PART II, LINE 8 2009 REPRESENTS THE YEAR IN WHICH REFINANCING OF THE BOND WAS COMPLETE. CONSTRUCTION WAS SUBSTANTIALLY COMPLETE IN 2005 UNDER THE ORIGINAL TAX-EXEMPT BOND ISSUE.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Bond Issue Variable Rate</Identifier>
        <ReturnReference>Scehdule K, Part IV, Line 2</ReturnReference>
        <Explanation>THE BOND ISSUANCE IS COMPRISED OF THE FOLLOWING: SERIES B OF THE BONDS ARE VARIABLE: $10,000,000 SERIES A OF THE BONDS ARE FIXED: $7,200,000</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="IRS990ScheduleR">
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>Sisters of Charity Cincinnati</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>5900 Delhi Road</AddressLine1>
          <City>Cincinnati</City>
          <State>OH</State>
          <ZIPCode>45051</ZIPCode>
        </AddressUS>
        <EIN>310537158</EIN>
        <PrimaryActivities>Religious Com</PrimaryActivities>
        <LegalDomicileState>OH</LegalDomicileState>
        <ExemptCodeSection>501(c)(3)</ExemptCodeSection>
        <PublicCharityStatus>1</PublicCharityStatus>
        <DirectControllingEntityName>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </DirectControllingEntityName>
        <ControlledOrg>false</ControlledOrg>
      </Form990ScheduleRPartII>
      <ReceiptOfIntAnnRentsRoyalties>false</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>false</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>true</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>false</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>false</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>false</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>false</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>false</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>true</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>true</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>false</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>false</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>false</SharingOfFacilities>
      <SharingOfPaidEmployees>true</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>true</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>false</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>false</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>false</OtherTransferFromOtherOrg>
    </IRS990ScheduleR>
  </ReturnData>
</Return>