2013-05-15T09:48:16-05:00 2012-06-30 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2011-07-01 581357177 SAVANNAH COLLEGE OF ART AND DESIGN INC SAVA 9125255000 PO BOX 3146 SAVANNAH GA 31402 CARMEN STOWERS 9125255000 2013-05-14 1 JOHN T WHALEY P00243929 7709558600 2011 2016-02-24 21:20:13Z PAULA WALLACE PO BOX 3146 SAVANNAH GA 31402 374421862 0 X WWW.SCAD.EDU X 1978 GA SEE SCHEDULE O FOR THE COMPLETE DESCRIPTION.THE SAVANNAH COLLEGE OF ART AND DESIGN EXISTS TO PREPARE TALENTED STUDENTS FOR PROFESSIONAL CAREERS, EMPHASIZING LEARNING THROUGH INDIVIDUAL ATTENTION IN A POSITIVELY-ORIENTED UNIVERSITY ENVIRONMENT. 7 7 2363 1100 965211 -153137 8801913 10073528 321343011 352895853 1442037 783196 -434377 1344502 331152584 365097079 69228513 81833907 0 0 73765849 74930562 0 0 1290691 157493076 167733285 300487438 324497754 30665146 40599325 339300468 446195129 167649129 234051972 171651339 212143157 X THE SAVANNAH COLLEGE OF ART AND DESIGN EXISTS TO PREPARE TALENTED STUDENTS FOR PROFESSIONAL CAREERS, EMPHASIZING LEARNING THROUGH INDIVIDUAL ATTENTION IN A POSITIVELY-ORIENTED UNIVERSITY ENVIRONMENT. 1 0 161895424 1962483 311277224 INSTRUCTIONAL EXPENDITURES -- THESE EXPENDITURES RELATE TO PROVIDING EDUCATION SERVICES TO APPROXIMATELY 11,000 STUDENTS SEEKING UNDERGRADUATE AND GRADUATE DEGREES. THE COLLEGE OFFERS THE BACHELOR OF ARTS, BACHELOR OF FINE ARTS, MASTER OF FINE ARTS, MASTER OF ARTS IN TEACHING, MASTER OF ARTS, MASTER OF ARCHITECTURE, AND MASTER OF URBAN DESIGN DEGREES. THE COLLEGE IS ACCREDITED BY THE COMMISSION ON COLLEGES OF THE SOUTHERN ASSOCIATION OF COLLEGES & SCHOOLS AND THE MASTER OF ARCHITECTURE DEGREE PROGRAM IS ADDITIONALLY ACCREDITED BY THE NATIONAL ARCHITECTURAL ACCREDITING BOARD. THE INTERIOR DESIGN PROGRAM IS ADDITIONALLY ACCREDITED BY THE COUNCIL FOR INTERIOR DESIGN EDUCATION. APPROXIMATELY 2,500 STUDENTS GRADUATED AND WERE AWARDED DEGREES DURING THE REPORTING PERIOD. 28206939 41618629 CAMPUS SERVICES, STUDENT HOUSING, FOOD SERVICE EXPENDITURES -- THESE EXPENDITURES REPRESENT THE COST OF SERVICES NECESSARY TO SUPPORTTHE MISSION OF THE COLLEGE, INCLUDING STUDENT HOUSING, DINING SERVICES AND OTHER AUXILIARY SERVICES. THE SERVICES ARE AVAILABLE TO ALL STUDENTS. 79871424 79871424 STUDENT AID -- THE COLLEGE PROVIDES SCHOLARSHIPS AND OTHER FINANCIAL ASSISTANCE DIRECTLY FROM THE INSTITUTION. 269973787 1 1 0 1 0 0 0 1 0 1 1 1 1 1 1 0 0 1 1 1 1 1 0 0 1 0 0 1 1 1 0 0 0 0 1 1 1 1 1 1 0 0 1 1 1 1 0 0 1 486 0 1 2363 1 1 1 1 FR HK 0 0 0 1 1 0 0 0 0 X 7 7 1 1 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 GA X RIC ADKINS 9125255000 PO BOX 3146 SAVANNAH GA 31402 X MAY L POETTER 2.00 X 31000 31000 0 DR TARAS DANYLUK 5.00 X 0 0 0 DR ROBERT L NARDELLI 2.00 X 0 0 0 DR CHAN LAI WA 2.00 X 0 0 0 NANCY HERSTAND 2.00 X 0 0 0 SALLY WARANCH RAJCIC 2.00 X 0 0 0 DR ANDRE LEON TALLEY 2.00 X 0 0 0 ALAN B WHITAKER III 2.00 X 0 0 0 DON MONDANARO 2.00 X 0 0 0 PAULA S WALLACE 30.00 X 1016870 654687 589948 BRIAN F MURPHY 0.00 X 0 692706 27269 PAMELA POETTER 0.00 X 0 287214 24244 JOSEPH P MANORY 0.00 X 0 0 0 JOHN PAUL ROWAN 50.00 X 261030 0 16487 GOKHAN OZAYSIN 50.00 X 216997 0 21483 KARI HERRIN 50.00 X 215918 0 23734 ANDREW W FULP 50.00 X 185978 0 22667 THOMAS FISCHER 50.00 X 218091 0 23405 TERESA M GRIFFIS 50.00 X 185038 0 12738 MICHAEL JAMES FINK 50.00 X 187736 0 13278 MARISA CORINNE ROWAN 50.00 X 163300 0 16183 DANIEL J FILSON 50.00 X 164067 0 7684 TOM M GATTIS 50.00 X 150988 0 44024 2997013 1665607 843144 60 0 1 0 THE CARSON COMPANY 2807 ROGER LACEY DRIVE SAVANNAH GA 31404 CONSTRUCTION SERVICES 16214239 ALIXPARTNERS LLP 2000 TOWN CENTER STE 2400 SOUTHFIELD MI 48075 CONSULTANTS 1487575 LATHAM & WATKINS LLC 233 S WACKER DR STE 5800 CHICAGO IL 60606 LEGAL SERVICES 1318483 ALLIED BARTON SECURITY SERVICES INC PO BOX 828854 PHILADELPHIA PA 19182 SECURITY SERVICES 777905 HIOL PERE ET FILS 293 ROUTE DES GRANDS JARDINS LES TAILLADES FR 84300 CONSTRUCTION SERVICES 749480 55 252016 149300 9672212 6791138 10073528 TUITION AND FEES 611310 306920636 306920636 HOUSING & FOOD SERVICE 721310 41618629 41618629 OTHER FEES AND REVENUE 611310 2340480 2340480 OTHER STUDENT REVENUE 611310 1561230 1561230 CONFERENCES & COMMUNIT 611310 353438 353438 101440 101440 352895853 1180714 1180714 2173777 2173777 207010 0 207010 207010 207010 8123960 61406 8503236 79648 -379276 -18242 -397518 -397518 145138 252016 526674 -381536 -381536 434123 215225 218898 204533 14365 TRUSTEES THEATER 711110 508085 508085 EQUESTRIAN SERVICES 713990 252593 252593 SCAD TRAVEL 900099 32800 32800 -1667125 -1667125 -873647 365097079 352895853 965211 1162487 518519 518519 79871424 79871424 1443964 1443964 2638463 388275 2250188 58734459 54946705 2927081 860673 2376508 2200685 141297 34526 6797771 6280495 450867 66409 4383361 3976446 345025 61890 2658360 2658360 185805 185805 131407614 92916749 38474619 16246 1948 1892 56 4432463 3457503 894219 80741 2388046 2010965 344339 32742 2311008 1474885 832100 4023 123830 113428 9277 1125 7962687 6541740 1420947 6790322 6583287 200122 6913 927896 927896 STUDENT ACTIVITIES 3447439 3148603 293282 5554 MEALS AND REFRESHMENTS 1601498 1290827 268424 42247 BAD DEBT EXPENSE 831946 831811 135 EQUIP RENTAL & STORAGE 596763 316679 265681 14403 2065660 731009 1271643 63008 324497754 269973787 53233276 1290691 405865 40765304 8699318 697394 5927400 10364581 13692757 4910034 1237527 8177221 762745 735026 2967685 2827998 243983407 98312119 128376573 145671288 22839256 24904604 95799081 142888021 27045474 32132214 31546787 32121444 339300468 446195129 19420664 23582615 154120 158511 27300320 23266399 74300000 75354460 46474025 111689987 167649129 234051972 X 147199223 182061400 12440985 11743917 12011131 18337840 171651339 212143157 339300468 446195129 X 40599325 -107507 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 41729 0 0 41729 0 PART IV, SUPPLEMENTAL INFORMATION: NO AMOUNTS HAVE BEEN PAID BY EITHER THE INSTITUTION OR ITS AFFILIATES TO SUPPORT POLITICAL CANDIDATES OR POLITICAL PARTIES. SCHEDULE C, PART IV PART II-2, LINE 1G THE COLLEGE IS A MEMBER OF THE GEORGIA INDEPENDENT COLLEGE ASSOCIATION (GICA) AS PART 0F ITS ACTIVITIES, IT REPRESENTS THE INTERESTS OF THE NON-PROFIT PRIVATE COLLEGES AND UNIVERSITIES IN THE STATE OF GEORGIA TO GOVERNMENT BODIES AND OFFICIALS ON LEGISLATIVE MATTERS AND POLICIES. THE COSTS OF GFIC ARE ALLOCATED TO THE MEMBER INSTITUTIONS. GICA'S MEMBERSHIP ASSESSMENTS ARE BASED ON THE UNIVERSITY'S ENROLLMENT. THE AMOUNT SHOWN IS THE PORTION OF THE MEMBERSHIP ASSESSMENTS THAT ARE ATTRIBUTABLE TO LOBBYING EFFORTS BY THE GICA. 5973626 32121444 X X X 1 16159725 3713056 34710 565583 19341908 12047266 3563056 1224631 675228 16159725 10694320 591679 971026 209759 12047266 10327725 766013 -399418 10694320 0.08100 0.70900 0.21000 0 0 11605590 11605590 169860734 48069665 121791069 5454231 5386147 68084 35418234 32593979 2824255 16000 21628618 12262328 9382290 145671288 142832340 C INVESTMENTS - OTHER 55681 C 142888021 INVESTMENT IN FOREIGN CAMPUS 32132214 C 32132214 MUSEUM COLLECTIONS HELD FOR EXHIBITION/RESEARCH 32121444 32121444 UNSECURED DEBT DUE TO RELATED PARTIES 90151976 SWAP LIABILITY 13900030 REFUNDABLE ADVANCES/DEFERRED CONTRIBUTIONS 1895000 ACCRUED RETIREMENT 4447605 OTHER LIABILITIES 1295376 111689987 PART III, LINE 4: SCHEDULE D, PART III, LINE 4 THE COLLEGE'S COLLECTIONS PRIMARILY RELATE TO AREAS IN WHICH IT PROVIDES DEGREE PROGRAMS AND/OR OFFERS COURSE WORK. THEY ARE A VALUABLE SCHOLARLY RESOURCE TO ENHANCE STUDENTS' LEARNING AND EXPERIENCE. THE COLLEGE'S COLLECTIONS INCLUDE: PAINTINGS, PRINTS, COUTURE CLOTHING, JEWELRY AND HISTORICAL ITEMS. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: PART XIV-SUPPLEMENTAL FINANCIAL INFORMATION SCHEDULE D, PART V, LINE 4 THE COLLEGE'S ENDOWMENT FUNDS ARE PRIMARILY USED TO SUPPORT SCHOLARSHIPS FOR STUDENTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THERE ARE NO UNCERTAIN TAX LIABILITIES REPORTED ON THE CONSOLIDATED FINANCIAL STATEMENTS INCLUDING THIS REPORTING ENTITY UNDER FIN 48(ASC 740-10). 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE COLLEGE DRAWS ITS STUDENTS FROM ALL 50 STATES AND MORE THAN 100 COUNTRIES. ALL MATERIALS INVOLVING THE SOLICITATION OF STUDENTS INCLUDE THE COLLEGE'S NON-DISCRIMINATORY POLICY OR A REFERENCE TO THIS POLICY, IN COMPLIANCE WITH THE REQUIREMENTS STATED IN THE INSTRUCTIONS TO FORM 990. THE COLLEGE INSERTS THE FOLLOWING IN ITS CATALOG, APPLICATION FOR ADMISSION, AND THE COLLEGE'S WEBSITE: "SCAD SHALL ADMIT STUDENTS OF ANY GENDER, RACE, COLOR, NATIONAL OR ETHNIC ORIGIN, AND RELIGION TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITIES ACCORDED OR MADE AVAILABLE TO STUDENTS AT SCAD. SCAD SHALL NOT DISCRIMINATE ON THE BASIS OF GENDER, RACE, COLOR, NATIONAL OR ETHNIC ORIGIN IN THE ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSION POLICIES, AND ATHLECTIC AND OTHER UNIVERSITY-ADMINISTERED PROGRAMS." 1 EUROPE 1 0 PROGRAM SERVICES STUDY ABROAD CAMPUS 1443964 EAST ASIA AND THE PACIFIC 1 0 PROGRAM-RELATED INVESTMENTS 5086740 EUROPE 1 0 CAPITAL INVESTMENT 2395132 EUROPE 1 0 PROGRAM SERVICES PROGRAM SERVICES RELATED TO MEAL PLANS AND OWNERSHIP OF REAL PROPERTY. 943873 4 0 0 0 4 0 9869709 0 9869709 EUROPE CAMPUS OPERATIONS 1443964 WIRE 0 1 0 0 1 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: THE ORGANIZATION GOES THROUGH AN ANNUAL BUDGETING PROCESS FOR THE FUNDS USED AT THE EUROPEAN AND EAST ASIA LOCATIONS. MONTHLY REVIEWS OF FINANCIAL ACTIVITY ARE PERFORMED ON AN ONGOING BASIS THROUGHOUT THE YEAR TO ENSURE THAT FUNDS ARE ONLY SPENT FOR AUTHORIZED PURPOSES IN FURTHERANCE OF THE ORGANIZATION'S EDUCATIONAL MISSION. SAVANNAH SCHOLARSHIP GALA 190473 112390 78083 27193 14685 179180 ATLANTA SCHOLARSHIP GALA 183249 127231 56018 14986 47010 217240 1 23432 12395 11037 12500 13880 397154 252016 145138 54679 61695 410300 526674 -381536 1 LUCAS THEATRE FOR THE ARTS INC 32 ABERCORN STREET SAVANNAH GA 31401 581775851 501(C )(3) 500000 SUPPORT FOR OPERATIONS NATIONAL MUSEUM OF WOMEN IN THE ARTS 1250 NEW YORK AVE NW WASHINGTON DC 20005 521238810 501(C )(3) 12000 SUPPORT FOR OPERATIONS 2 2 STUDENT SCHOLARSHIPS 9863 79871424 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: INSTITUTIONAL SCHOLARSHIPS TO STUDENTS ARE AWARDED PURSUANT TO INSTITUTIONAL POLICIES AND PROCEDURES WHICH CONSIDER A STUDENT'S ACADEMIC ABILITY, ARTISTIC ABILITY AND FINANCIAL NEED. STUDENTS MUST MAINTAIN ACADEMIC STANDARDS AND MAKE SATISFACTORY PROGRESS TO CONTINUE RECEIVING INSTITUTIONAL SCHOLARSHIPS. STUDENTS RECEIVING SCHOLARSHIPS FUNDED BY DONORS MUST MEET THE SPECIFIED SCHOLARSHIP REQUIREMENTS, IF ANY, AS WELL AS MAINTAIN ACADEMIC STANDARDS AND MAKE SATISFACTORY PROGRESS TOWARDS GRADUATION. X X X X X 1 1 X X X X X 0 1 0 0 0 0 0 1 0 PAULA S WALLACE 408614 417219 230000 230000 378256 7468 296402 281353 12193 0 1325465 936040 369338 0 BRIAN F MURPHY 0 567418 0 125000 0 288 0 15049 0 12220 0 719975 0 0 PAMELA POETTER 0 212214 0 75000 0 0 0 14023 0 10221 0 311458 0 0 JOHN PAUL ROWAN 195742 0 25000 0 40288 0 10840 0 5647 0 277517 0 0 0 GOKHAN OZAYSIN 174709 0 42000 0 288 0 10528 0 10955 0 238480 0 0 0 KARI HERRIN 185630 0 30000 0 288 0 11541 0 12193 0 239652 0 0 0 ANDREW W FULP 170306 0 5000 0 10672 0 10447 0 12220 0 208645 0 0 0 THOMAS FISCHER 217791 0 0 0 300 0 11185 0 12220 0 241496 0 0 0 TERESA M GRIFFIS 162020 0 13500 0 9518 0 7689 0 5049 0 197776 0 0 0 MICHAEL JAMES FINK 187736 0 0 0 0 0 8901 0 4377 0 201014 0 0 0 MARISA CORINNE ROWAN 135300 0 28000 0 0 0 4003 0 12180 0 179483 0 0 0 DANIEL J FILSON 159476 0 4591 0 0 0 7243 0 441 0 171751 0 0 0 TOM M GATTIS 150988 0 0 0 0 0 6452 0 37572 0 195012 0 0 0 PART I, LINE 1A FIRST CLASS OR CHARTER TRAVEL - SENIOR MANAGEMENT AND TRUSTEES ARE TYPICALLY PROVIDED FIRST CLASS SEATS WHEN TRAVELING ON BUSINESS. NO AMOUNT IS REPORTED AS TAXABLE INCOME FOR BUSINESS TRAVEL. THE INSTITUTION'S WHOLLY-OWNED SUBSIDIARY, SCAD GROUP INC., HAS A CORPORATE AIRCRAFT TO FACILITATE THE BUSINESS TRAVEL OF SENIOR MANAGEMENT AND TRUSTEES. THE BOARD HAS PASSED A POLICY THAT PROHIBITS ANY NON-BUSINESS USE OF THE AIRCRAFT. IMPUTED INCOME HAS BEEN REPORTED AS TAXABLE COMPENSATION FOR ANY COMPANIONS OF LISTED PERSONS WHO ARE NOT TRAVELING FOR A BUSINESS PURPOSE. TRAVEL FOR COMPANIONS- TO FACILITATE THE ABILITY OF THE PRESIDENT AND TRUSTEES TO CONDUCT BUSINESS AND PARTICIPATE IN THE ACTIVITIES OF THE UNIVERSITY, TRAVEL FOR COMPANIONS/MINOR CHILDREN HAS BEEN PROVIDED AT TIMES. IN SUCH CASES, THE COST OF THE FLIGHT (IF THE TRAVEL WAS VIA COMMERCIAL CARRIER) OR THE APPROPRIATE AMOUNT OF IMPUTED INCOME (CALCULATED PURSUANT TO THE TAX REGULATIONS REGARDING THE PERSONAL USE OF CORPORATE AIRCRAFT) HAS BEEN TREATED AS A TAXABLE BENEFIT AND REPORTED AS COMPENSATION. THE BENEFIT WAS PROVIDED DUE TO EXTENSIVE TRAVEL BEING REQUIRED DUE TO THE EXISTENCE OF MULTIPLE LOCATIONS (SAVANNAH, ATLANTA, LACOSTE, FRANCE AND HONG KONG, CHINA). THE VALUE OF A $200 GIFTCARD WAS GROSSED UP AND INCLUDED IN TAXABLE EARNINGS. HOUSING ALLOWANCES - AS IS STANDARD PRACTICE FOR UNIVERSITIES, THE PRESIDENT IS PROVIDED A RESIDENCE THAT IS FREQUENTLY USED FOR BUSINESS AND /OR BUSINESS FUNCTIONS (I.E. MEETINGS, RECEPTIONS, DINNERS WITH GUESTS AND DONORS, ETC.). NO AMOUNT HAS BEEN INCLUDED IN THE PRESIDENT'S TAXABLE INCOME FOR THE USE OF THE PROPERTY. PERSONAL SERVICES- THE BOARD HAS APPROVED THE INSTITUTION PROVIDING THE PRESIDENT A PERSONAL ASSISTANT TO FACILITATE HER ABILITY TO FOCUS ON UNIVERSITY BUSINESS. THE APPROPRIATE AMOUNT OF THIS BENEFIT IS INCLUDED IN THE TAXABLE INCOME REPORTED FOR THE PRESIDENT. CHILDCARE SERVICES HAVE ALSO BEEN PROVIDED FOR THE PRESIDENT WITH THE DOLLAR VALUE AMOUNT ADDED TO THE PRESIDENT'S TAXABLE INCOME. PART I, LINE 4B PAULA WALLACE PART I, LINE 7 THE PRESIDENT'S BONUSES ARE DETERMINED BY THE BOARD OF TRUSTEES IN ITS SOLE DISCRETION. FOR ALL OTHERS, BONUSES ARE DETERMINED IN THE SOLE DISCRETION OF THE COMPENSATION COMMITTEE. SUPPLEMENTAL INFORMATION PART III PART I, QUESTION 3 THE INSTITUTION COMPLIES WITH THE PROCEDURES AND STANDARDS SET FORTH IN THE IRS REGULATIONS TO RECEIVE THE 'REBUTTABLE PRESUMPTION OF REASONABLENESS' WITH RESPECT TO THE TOTAL COMPENSATION PAID TO THE PRESIDENT. A COMMITTEE OF THE BOARD CONDUCTS AN ANNUAL PERFORMANCE REVIEW OF THE PRESIDENT'S SALARY AND BONUS. ANY AND ALL DECISIONS ARE BASED ON: A) A COMPENSATION PHILOSOPHY AND STRATEGY; B) A DETAILED ANNUAL PERFORMANCE REVIEW ON BOTH JOB PERFORMANCE AND THE "BALANCED SCORECARD" OF THE RESULTS OF THE INSTITUTION AND SUBSIDIARIES; AND C) DETAILED AND COMPREHENSIVE MARKET DATA WHICH CONSIDERS ORGANIZATIONS THAT ARE "SIMILARLY SITUATED." AN INDEPENDENT CONSULTING FIRM THAT SPECIALIZES IN BENEFITS AND COMPENSATION PROVIDES TOTAL COMPENSATION MARKET VALUATIONS VIA A COMPENSATION STUDY THAT INCLUDES CONSIDERATION OF THE TOTAL COMPENSATION PAID BY OTHER INSTITUTIONS. THE COMPENSATION EXPERT PROVIDES A WRITTEN OPINION ON THE REASONABLENESS OF TOTAL COMPENSATION (WHICH INCLUDES THE AMOUNTS PAID BY UNIVERSITY'S SUBSIDIARY). THE FULL BOARD CONSIDERS AND APPROVES THE COMMITTEE'S RECOMMENDATION. THIS PRACTICE ALSO INCLUDES THE COMPENSATION PAID TO ANY INDIVIDUAL RELATED TO A MEMBER OF SENIOR MANAGEMENT OR THE BOARD. THE COMPENSATION PAID TO ALL OTHER SENIOR MANAGEMENT AND 'RELATED PERSONS' IS ALSO REVIEWED AND DETERMINED PURSUANT TO THE 'REBUTTABLE PRESUMPTION' PROCEDURES. THE REVIEW PROCESS INCLUDES AND CONSIDERS THE TOTAL CASH COMPENSATION PAID BY THE UNIVERSITY'S WHOLLY-OWNED SUBSIDIARY. PART I, QUESTION 4B THE UNIVERSITY PROVIDES A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN TO THE PRESIDENT IN THE FORM OF A DEFERRED COMPENSATION ARRANGEMENT. PRESENT VALUE OF THE INCREASE IN THE ACCRUED BENEFIT IS REPORTED IN PART II, COLUMN C. IF THE PRESIDENT CONTINUES WORKING UNTIL JUNE 30TH, 2014, SHE WILL BE ENTITLED TO AN ANNUAL BENEFIT EQUAL TO SIXTY FIVE PERCENT OF HER FINAL SALARY IN EFFECT AT THAT TIME. ANNUAL PAYMENTS TO BE PAID PURSUANT TO A PREVIOUS DEFERRED COMPENSATION ARRANGEMENT HAVE NOT BEEN DEFERRED BUT ARE CONTINGENT ON CONTINUED EMPLOYMENT. DURING THE 2011 CALENDAR YEAR A DISTRIBUTION OF $ 369,338 WAS MADE BY THE ORGANIZATION TO THE PRESIDENT BASED ON A CONTRACTUAL OBLIGATION. IT IS REPORTED IN THE 2011 W-2 AS WELL AS IN COLUMN (F) OF PART VII AND IN COLUMN (B) (III) OF SCHEDULE J PART II. THIS BENEFIT WAS EARNED OVER 30+ YEARS OF SERVICE. 49917 SCHLRSHIPS SCAD GROUP INC COMMON MGMT 124955141 SERVICES 0 MARISA ROWAN FAMILY MEMBER OF PAULA WALLACE, PRESIDENT 170900 WAGES AND BENEFITS 0 ELIZABETH ROWAN FAMILY MEMBER OF JOHN PAUL ROWAN, VP FOR SCAD HONG KONG 62206 WAGES 0 JOHN PAUL ROWAN FAMILY MEMBER OF PAULA WALLACE, PRESIDENT 284752 WAGES 0 MAY POETTER TRUSTEE AND FAMILY MEMBER OF PAULA WALLACE 15500 SERVICES PROVIDED BY POETTER CONSULTING, AN ENTITY MORE THAN 35% OWNED BY MAY POETTER, TRUSTEE. 0 GLENN WALLACE FAMILY MEMBER OF PRESIDENT, PAULA WALLACE 461175 GLENN WALLACE WAS PAID WAGES FROM SCAD GROUP, INC., AN ENTITY 100% OWNED AND CONTROLLED BY SAVANNAH COLLEGE OF ART AND DESIGN, INC. 0 KIMBERLY SHREVE FAMILY MEMBER OF PAMELA POETTER, SECRETARY 18292 KIMBERLY SHREVE WAS PAID WAGES FROM SCAD GROUP, INC., AN ENTITY 100% OWNED AND CONTROLLED BY SAVANNAH COLLEGE OF ART AND DESIGN, INC. 0 MICHAEL SHREVE FAMILY MEMBER OF PAMELA POETTER, SECRETARY 62569 MICHAEL SHREVE WAS PAID WAGES FROM SCAD GROUP, INC., AN ENTITY 100% OWNED AND CONTROLLED BY SAVANNAH COLLEGE OF ART AND DESIGN, INC. 0 X 8 5835025 APPRAISAL VALUE X 7 339071 FMV X 2 200416 CONTRIBUTION AMORTIZED X 2 58400 APPRAISAL X AUCTION ITEMS 237 278025 FMV X COUTURE/COSTUME COLLECTION 6 80201 APPRAISAL 9 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): NUMBER OF CONTRIBUTORS. NEW PROGRAM SERVICES FORM 990, PART III, LINE 2 SCAD MUSEUM OF ART: A CONTEMPORARY ART AND DESIGN MUSEUM CONCEIVED AND DESIGNED EXPRESSLY TO ENRICH THE EDUCATIONAL MILIEU OF SCAD STUDENTS AND PROFESSORS, AND TO ATTRACT AND DELIGHT VISITORS FROM AROUND THE WORLD. FORM 990, PART VI, SECTION A, LINE 2 THERE IS A FAMILY RELATIONSHIP AMONG MAY POETTER, PAULA WALLACE, PAM POETTER, AND JOHN PAUL ROWAN. FORM 990, PART VI, SECTION A, LINE 3 SCAD GROUP, INC IS A WHOLLY-OWNED SUBSIDIARY OF THE SAVANNAH COLLEGE OF ART AND DESIGN, INC THAT PROVIDES CERTAIN NONACADEMIC SERVICES TO THE COLLEGE INCLUDING RECRUITMENT AND COMMUNICATIONS SERVICES, ACADEMIC SUPPORT SERVICES, FINANC1AL MANAGEMENT SERVICES, STUDENT SERVICES, INFORMATION MANAGEMENT AND TECHNOLOGY SERVICES, HUMAN RESOURCE SERVICES, AND PHYSICAL RESOURCE SERVICES. FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO FILING, THE RETURN WAS DISTRIBUTED TO BOARD MEMBERS PROVIDING AN OPPORTUNITY TO ASK QUESTIONS AND PROVIDE INPUT. FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE'S CORPORATE GOVERNANCE POLICY, WHICH IS AVAILABLE TO ALL EMPLOYEES VIA THE INSTITUTIONS INTRANET AND EMPLOYEE HANDBOOK, PROVIDES GUIDANCE TO ALL EMPLOYEES ON ISSUES OF CONFLICTS OF INTEREST. THE BOARD OF TRUSTEES IS RESPONSIBLE FOR EVALUATING ANY CONFLICTS OF INTEREST AND, IF APPROPRIATE, AUTHORIZING ANY CONTRACT OR TRANSACTION BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE DISINTERESTED TRUSTEES IF THERE IS A CONFLICT OF INTEREST INVOLVING TRUSTEES. THE COLLEGE OBTAINS ANNUALLY A DISCLOSURE OF POTENTIAL CONFLICTS BY TRUSTEES AND MEMBERS OF SENIOR MANAGEMENT. A WHISTLE BLOWER REPORTING PROCESS HAS BEEN ESTABLISHED. THERE IS A DESIGNATED FULL-TIME COMPLIANCE OFFICER THAT INVESTIGATES AND RESOLVES ETHICS COMPLAINTS, INCLUDING CONFLICTS OF INTEREST, INVOLVING EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15 FORM 990 PART VI, LINE 15A - COMPENSATION PROCESS FOR TOP OFFICIAL: ANSWERED IN SCHEDULE J. FORM 990 PART VI, LINE 15B - COMPENSATION PROCESS FOR OFFICERS THE COMPENSATION OF EACH MEMBER OF SENIOR MANAGEMENT IS SET BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES FOLLOWING THE PROCEDURES AND STANDARDS SET FORTH IN THE IRS REGULATIONS IN ORDER TO RECEIVE THE "REBUTTABLE PRESUMPTION". AN INDEPENDENT CONSULTING FIRM THAT SPECIALIZES IN COMPENSATION AND BENEFITS PROVIDES MARKET INFORMATION FOR EACH POSITION VIA A COMPENSATION STUDY THAT INCLUDES CONSIDERATION OF THE COMPENSATION PAID BY OTHER EDUCATIONAL INSTITUTIONS. THE COMPENSATION EXPERT PROVIDES A WRITTEN OPINION ON THE REASONABLENESS OF COMPENSATION. THE SAME PROCESS IS USED FOR SETTING THE COMPENSATION OF THE SENIOR MANAGEMENT FOR THE INSTITUTION'S SUBSIDIARY, SCAD GROUP INC. THIS PRACTICE ALSO INCLUDES THE COMPENSATION PAID TO ANY INDIVIDUAL RELATED TO A MEMBER OF SENIOR MANAGEMENT OR THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 FORM 990, PART VI, LINE 19 - GOVERNING DOCUMENTS DISCLOSURE EXPLANATION THE CONFLICTS OF INTEREST POLICY IS PUBLISHED IN THE EMPLOYEE HANDBOOKS AND AVAILABLE ON MYSCAD, THE INSTITUTION'S INTRANET. THE GOVERNING DOCUMENTS AND AUDITED FINANCIAL STATEMENTS ARE NOT DISSEMINATED TO THE PUBLIC AT THIS TIME. HOURS TRUSTEES AND OFFICERS WORK FOR RELATED ENTITIES FORM 990 PART VII THE FOLLOWING OFFICERS ALSO WORK THESE HOURS PER WEEK FOR RELATED ORGANIZATION, SCAD GROUP, INC. : PAULA S. WALLACE 30.0 BRIAN F. MURPHY 55.0 PAMELA POETTER 55.0 JOSEPH P. MANORY 55.0 CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -107,507. FORM 990 PART XII LINE 2C THE BOARD HAS ESTABLISHED AN AUDIT COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE INTERNAL AND EXTERNAL AUDIT FUNCTIONS. THE AUDIT COMMITTEE IS ALSO RESPONSIBLE FOR THE SELECTION OF THE INDEPENDENT ACCOUNTING FIRM THAT AUDITS THE INSTITUTION. SAVANNAH MEDIA SERVICES LLC 622 DRAYTON STREET SAVANNAH GA 31401 271079682 SUPPORT GA 0 0 SAVANNAH COLLEGE OF ART AND DESIGN INC SCAD MUSEUM LLC 622 DRAYTON STREET SAVANNAH GA 31401 273916875 MUSEUM GA -648123 28952183 SAVANNAH COLLEGE OF ART AND DESIGN INC LUCAS THEATRE FOR THE ARTS INC 32 ABERCORN STREET SAVANNAH GA 31401 581775851 CULTURAL GA 501(C) LINE 9 SAVANNAH COLLEGE OF ART AND DESIGN INC 1 SCAD FOUNDATION (HONG KONG) LIMITED 292 TAI PO ROAD N. KOWLOON N. 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SCAD GROUP, INC.'S CREDIT FACILITY IS ALSO GUARANTEED BY SCAD FOUNDATION (HONG KONG) LTD TO THE EXTENT OF ITS BORROWINGS FROM THE ORGANIZATION.