2013-05-14T12:13:32-05:00 2012-06-30 GRANT THORNTON LLP 2001 MARKET STREET SUITE 3100 PHILADELPHIA PA 19103 990 2011-07-01 231352294 Philadelphia University % JAMES HARTMAN PHIL 2159512700 School House Lane and Henry Avenue Philadelphia PA 19144 James Hartman 2159512966 2013-05-14 true 2155614200 2011 2016-02-24 21:20:13Z James Hartman School House Lane and Henry Av Philadelphia PA 19144 151496285 false X www.philau.edu X 1949 PA PHILADELPHIA UNIVERSITY IS A STUDENT-CENTERED INSTITUTION THAT PREPARES GRADUATES FOR SUCCESSFUL CAREERS IN AN EVOLVING GLOBAL MARKETPLACE. 28 27 2538 160673 -8313 5991912 16173427 111692426 117350092 1027410 470254 -305210 -366056 118406538 133627717 30613608 32586247 0 0 42792005 45315408 0 0 1398717 40536859 39622121 113942472 117523776 4464066 16103941 195719083 213131376 96463672 97772175 99255411 115359201 X PHILADELPHIA UNIVERSITY IS A STUDENT-CENTERED INSTITUTION THAT PREPARES GRADUATES FOR SUCCESSFUL CAREERS IN AN EVOLVING GLOBAL MARKETPLACE: -BY BLENDING THE LIBERAL ARTS AND SCIENCES, PROFESSIONAL STUDIES, INTERDISCIPLINARY LEARNING AND COLLABORATIONS IN AND OUT OF THE CLASSROOM, STUDENTS LEARN TO THRIVE IN DIVERSE AND CHALLENGING ENVIRONMENTS. -OUR STUDENTS ARE ENCOURAGED TO FORM SUPPORTIVE RELATIONSHIPS WITH EACH OTHER AS WELL AS FACULTY, STAFF AND ALUMNI IN AN ACADEMICALLY RIGOROUS SETTING THAT IS FOCUSED ON INTELLECTUAL AND PERSONAL GROWTH. -PHILADELPHIA UNIVERSITY IS AN EXPERIENTIAL LEARNING COMMUNITY WHERE INTEGRITY, CREATIVITY, CURIOSITY, ETHICS, RESPONSIBILITY AND THE FREE EXCHANGE OF IDEAS ARE VALUED. false false 62786009 29001760 92077439 INSTRUCTION: THE UNIVERSITY IS COMMITTED TO PROVIDING AN EXPERIENTIAL EDUCATION AND IS RECOGNIZED AS A LEADER IN THE ARCHITECTURE, DESIGN, ENGINEERING & TEXTILES, BUSINESS AND HEALTH SCIENCE FIELDS. THE UNIVERSITY IS FULLY ACCREDITED BY THE MIDDLE STATES ASSOCIATION OF COLLEGES AND SCHOOLS. PHILADELPHIA UNIVERSITY GRADUATES' CAREER PLACEMENT RATE IN MAJOR-RELATED JOBS HAS CONSISTENTLY BEEN ABOVE 90% WITHIN A FEW MONTHS OF GRADUATION FOR MORE THAN 20 YEARS. AS A SMALL PRIVATE UNIVERSITY, PHILADELPHIA UNIVERSITY MAINTAINS AN AVERAGE CLASS SIZE OF 17 AND A 15:1 STUDENT/FACULTY RATIO THAT ENABLES CLOSE RELATIONSHIPS BETWEEN FACULTY AND STUDENTS. THE UNIVERSITY PROVIDES MORE THAN 20 LABORATORIES AND STUDIOS FOR HANDS-ON EXPERIENCE IN ARCHITECTURE AND INTERIOR DESIGN, ENGINEERING, TEXTILE DESIGN, FASHION DESIGN, GRAPHIC DESIGN, INDUSTRIAL DESIGN AND PHYSICIAN ASSISTANT STUDIES, AS WELL AS FACULTY ACCESS TO THE MOST SOPHISTICATED TECHNOLOGY AVAILABLE. IN THE SUMMER OF 2011 PHILADELPHIA UNIVERSITY BEGAN CONSTRUCTION OF THE KANBAR COLLEGE OF DESIGN, ENGINEERING AND COMMERCE BUILDING (THE DEC CENTER). UPON COMPLETION THE 38,500 SQUARE FOOT BUILDING, BUILT TO LEED STANDARDS, WILL BOAST A LARGE TWO-STORY FORUM SPACE FOR DESIGN EXHIBITS, PRESENTATIONS, LARGE LECTURES AND SOCIAL EVENTS. IT IS DESIGNED TO SUPPORT THE COLLEGE'S INNOVATIVE CURRICULUM, WHICH STRESSES TRANSDISCIPLINARY, PROJECT-BASED LEARNING AND COLLABORATIVE PROBLEM SOLVING. WITH A DISTINCTIVE METALLIC SHELL FOR CLIMATE CONTROL, THE BUILDING WILL INCLUDE FLEXIBLE SPACE FOR STUDIOS, SEMINARS, CONFERENCE MEETINGS AND TEAM PROJECTS, ALLOWING TEACHING AND WORK SPACE TO BE RECONFIGURABLE AS PROJECTS AND CURRICULA EVOLVE. THE UNIVERSITY PROVIDED EDUCATION TO 2,635 AND 2,490 FULL TIME UNDERGRADUATE STUDENTS IN THE FALL 2011 AND SPRING 2012 SEMESTERS, RESPECTIVELY. SUMMER, GRADUATE AND EVENING STUDENTS ENROLLED IN A TOTAL OF 19,711 CREDIT HOURS. IN KEEPING WITH THE UNIVERSITY'S MISSION OF PREPARING STUDENTS FOR AN EVOLVING GLOBAL MARKETPLACE, MORE THAN 170 STUDENTS WERE PROVIDED THE OPPORTUNITY TO EXPERIENCE THE WORLD BEYOND THE BORDERS OF OUR CAMPUS AND COUNTRY. STUDENTS AT PHILADELPHIA UNIVERSITY MAY STUDY ABROAD AND RECEIVE CREDIT FOR COURSES THAT APPLY DIRECTLY TO THEIR CHALLENGING, PROFESSIONALLY-ORIENTED CURRICULA. OPPORTUNITIES FOR STUDY ABROAD ARE AVAILABLE FOR FALL, SPRING AND SUMMER SEMESTERS AT LOCATIONS ALL AROUND THE WORLD. STUDYING ABROAD HELPS OUR STUDENTS TO GROW PROFESSIONALLY BY BEING EXPOSED TO DRAMATICALLY DIFFERENT PERSPECTIVES IN THEIR FIELD OF STUDIES. 12614036 STUDENT SERVICES: THE UNIVERSITY PROVIDES COUNSELING, INTER-COLLEGIATE AHTLETICS, HEALTH ADVISING, STUDENT GOVERNING AND STUDENT LIFE SERVICES FOR ALL STUDENTS. THE DIVISION OF STUDENT LIFE OFFERS COMPREHENSIVE PROGRAMS AND SERVICES THAT FOSTER AN EDUCATIONAL ENVIRONMENT CONDUCIVE TO THE HOLISTIC DEVELOPMENT OF STUDENTS. BY BUILDING BRIDGES BETWEEN THE CURRICULAR AND CO-CURRICULAR EXPERIENCES, STUDENT LIFE EDUCATORS PROVIDE OPPORTUNITIES FOR STUDENTS TO BECOME SUCCESSFUL, COMPETENT, LIFELONG LEARNERS. THE UNIVERSITY OFFERS MANY INTERCOLLEGIATE SPORTS COMPETING AT THE NCAA DIVISION II LEVEL. THE ATHLETICS PROGRAM AFFORDS OUR STUDENT-ATHLETES THE OPPORTUNITY TO PARTICIPATE IN A CHALLENGING ATHLETIC PROGRAM, WHILE ENSURING THAT THEY ARE PROVIDED A QUALITY EDUCATION. A PROFESSIONALLY-MANAGED AND WELL-ROUNDED ATHLETICS PROGRAM SERVES TO ENRICH THE STUDENT'S LIFE IN COLLEGE AND ENHANCES HIS OR HER PREPARATION FOR A FULL AND REWARDING LIFE AFTER COLLEGE. 18082058 3584487 18382477 AUXILIARY: PHILADELPHIA UNIVERSITY DINING SERVICES ARE MANAGED BY PARKHURST DINING SERVICES WITH A TEAM OF EMPLOYEES WHO HAVE A SINCERE INTEREST IN THE SATISFACTION OF OUR GUESTS. THE UNIVERSITY PROVIDED 1,443 AND 1,336 MEAL PLANS FOR STUDENTS IN THE FALL 2011 AND SPRING 2012 SEMESTERS, RESPECTIVELY. THE UNIVERSITY PROVIDES SEVERAL HOUSING OPTIONS FOR FULL-TIME DAY UNDERGRADUATE STUDENTS INCLUDING TRADITIONAL DORMITORY HOUSING, TOWNHOUSES AND APARTMENT LIVING. IN FALL 2011, PHILADELPHIA UNIVERSITY OPENED ITS NEWEST RESIDENTIAL FACILITY. THE PHILADELPHIA UNIVERSITY RESIDENCES AT FALLS CENTER FEATURES STUNNING OPEN-CONCEPT APARTMENTS WITH LIVING ROOMS, PRIVATE BATHROOMS AND CONTEMPORARY KITCHENS. ON-SITE PARKING, SECURITY, WIRELESS INTERNET, CONVENIENCE STORE, SOCIAL LOUNGES, STUDIO SPACE AND ACCESS TO AN ON-SITE CAFE MAKES THIS THE UNIVERSITY'S MOST DESIRABLE CHOICE FOR ON-CAMPUS LIVING FOR STUDENTS. THE UNIVERSITY PROVIDED HOUSING FOR 1,464 AND 1,364 STUDENTS FOR THE FALL 2011 AND SPRING 2012 SEMESTERS, RESPECTIVELY. THE UNIVERSITY BOOKSTORE OFFERS A PLEASANT SHOPPING EXPERIENCE OFFERING A WIDE ARRAY OF TEXTBOOKS, SUPPLIES, TECHNOLOGY AND CAMPUS CLOTHING. 6862970 2284312 SEE SCHEDULE O 6862970 2284312 100345073 true true false true false false false true false true true true false false true true true false true false true false true false true false false false true true true false false false false false false false false false true true true false false false false false false false false true 131 0 false 2538 true true true false false false false true true false false false false X 28 27 false false false false false false false true true false false true true true true true true true true false PA X JAMES HARTMAN 2159512700 SCHOOL HOUSE LANE AND HENRY AVE Philadelphia PA 19144 STEPHEN SPINELLI 40.0 X X 329286 0 137542 William J Whitmore Jr 1.0 X WENDY BEETLESTONE 1.0 X Cyntia Hook 1.0 X D WALTER COHEN 1.0 X A LOUIS DENTON 1.0 X GEORGE T DOWNS III 1.0 X WILLIAM A FINN 1.0 X ESTEFANO ISAIAS SR 1.0 X LIONG KENG KWEE 1.0 X ROBERT C LOCKYER 1.0 X EDWARD P MARRAM 1.0 X William Jasper 1.0 X CHRISTOPHER K MCHUGH 1.0 X MOSHE I MEIDAR 1.0 X Eileen Martinson 1.0 X HANDSEL B MINYARD 1.0 X ANDREW MORRISROE 1.0 X Virginia M Palmieri 1.0 X ROBERT L NYDICK JR 1.0 X DAVID R REA 1.0 X ALLEN SIRKIN 1.0 X ANDREW VECCHIONE 1.0 X ANTHONY J VITULLO JR 1.0 X LARRY A WITTIG 1.0 X CLARENCE WOOTEN 1.0 X L Tadd Schwab 1.0 X 0 0 0 Francis J Shammo 1.0 X 0 0 0 JAMES P HARTMAN 40.0 X 156302 0 65191 G GEOFFREY CROMARTY 40.0 X 180337 0 45985 HOWARD R SWEARER 40.0 X 242596 0 47764 JESSE SHAFER 40.0 X 171342 0 20864 PATRICIA M BALDRIDGE 40.0 X 179996 0 33024 MUTHU GOVINDARAJ 40.0 X 166285 0 28845 DAVID S BROOKSTEIN 40.0 X 169549 0 33442 D R WIDDER 40.0 X 169965 0 4872 1765658 0 417529 50 false true false Parkhurst Dining Services 284 Waterfront Dr East Suite 200 HOMESTEAD PA 15120 Dining Services 5771978 Intech Construction 3001 Market Street First Floor PHILADELPHIA PA 19104 Construction 5670025 The Arthur Jackson Company 7025 WEST CHESTER PIKE UPPER DARBY PA 16082 BLDG MAINTENANCE 2046747 MR ROSE CONSTRUCTION INC 463 KENWOOD ROAD HUNTINGDON VALLEY PA 19006 CONSTRUCTION 1686148 ALLIED BARTON SECURITY SERVICES 161 WASHINGTON ST 6TH FLOOR CONSHOHOCKEN PA 19428 SECURITY 1004707 22 344273 3008486 12820668 3846597 16173427 TUITION AND FEES 96552806 96456051 96755 ROOM AND BOARD 15865581 14256150 1609431 UNIVERSITY BOOKSTORE 2377190 2032027 345163 SALES AND SERVICES 26637 26637 MISCELLANEOUS 900099 2527878 152796 2375082 117350092 830079 -1403 831482 0 0 16998925 17358750 -359825 -359825 9280 -369105 143762 344273 509818 -366056 -366056 0 0 0 133627717 112744228 160673 4549389 0 32189198 32189198 397049 397049 0 1140394 1140394 0 33557820 26063366 6675294 819160 1833764 1362575 413183 58006 6476449 4183753 2200746 91950 2306981 1816888 433569 56524 0 309564 309564 82975 82975 121155 121155 0 88892 88892 96093 96093 560338 483975 76363 2493473 1682392 681760 129321 1000249 388541 611708 0 12649459 11801296 807215 40948 1087912 590121 403606 94185 0 374947 314054 55155 5738 27905 7874 20031 0 5217001 5158223 58778 141501 46352 95149 CONTRACTED DINING SERVICES 5272309 5272309 STUDY ABROAD TUITION AND HOUSI 2196208 2196208 BOOKSTORE 1591233 1591233 CONTRACTED SECURITY 1097138 1097138 5213769 3702528 1408356 102885 117523776 100345073 15779986 1398717 16178 17975 26839716 24443723 3526522 11381030 524014 648564 0 0 0 0 1884091 1623510 838852 1527301 1315130 1577353 178168375 51813423 115150979 126354952 23382413 28875525 21393769 12060848 0 0 0 0 847419 4620595 195719083 213131376 6790401 9257586 0 0 4637808 4885988 82092891 80411051 0 0 0 0 0 0 0 0 2942572 3217550 96463672 97772175 X 80138625 88681798 6542087 13773934 12574699 12903469 99255411 115359201 195719083 213131376 X 16103941 -151 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 121155 121155 117402621 117523776 1000000 250000 false 1000000 1000000 1000000 1000000 4000000 6000000 113500 99000 140250 121155 473905 250000 250000 250000 250000 1000000 1500000 0 0 0 3811628 3811628 X X 23091265 328770 264897 1031925 88892 22564115 20003504 208077 4046192 1064728 101780 23091265 18620289 479154 2214918 254659 928796 127402 20003504 25235811 263574 -5625496 268659 934941 50000 18620289 0.32000 0.57000 0.11000 false false 3870561 3870561 126513290 30529954 95983336 359491 173805 185686 33535424 21109664 12425760 13889609 13889609 126354952 CASH & CASH EQUIVALENTS 5790872 F US GOVERNMENT & AGENCY ISSUES 6269976 F 12060848 0 US GOVERNMENT ADVANCES FOR STU 1047137 CONTRACT LIABILITY 1142027 ASSET RETIREMENT OBLIGATION 733569 ANNUITIES PAYABLE 192803 ESCHEATABLE PROPERTY 96337 MISCELLANEOUS 5677 3217550 133627717 117523776 16103941 -151 -151 16103790 101551137 -151 -32586247 -32586398 134137535 -509818 -509818 133627717 85447347 509818 509818 84937529 32586247 32586247 117523776 Intended Uses of Endowment Funds Schedule D, Part V, Line 4 THE INTENDED USE OF THE UNIVERSITY'S ENDOWMENT FUNDS IS TO OFFER STUDENT SCHOLARSHIPS AND SUPPORT ACADEMIC PROGRAMS. Supplemental Description - Other Schedule D, Part XII, Line 2d Reclassification of scholarships $(32,983,295) Supplemental Description - Other Schedule D, Part XII, Line 4b Direct expenses for Fundraising events of $(509,818) Supplemental Description - Other Schedule D, Part XIII, Line 2d Direct expenses for Fundraising events of $509,818 Supplemental Description - Other Schedule D, Part XIII, Line 4b Reclassification of scholarships $32,983,295 Organizations Maintaining Collections of Historical Treasures Schedule D, Part III, Line 4 The University received a contribution of historical papers and memorabilia to be exhibited and used for scholarly research. The University is currently constructing a facility to properly display the works. true true true true true true true false false false false false false false false true false true Publication of Racially Nondiscriminatory Policy Schedule E, Part I, Line 3 AN EQUAL OPPORTUNITY EMPLOYMENT POLICY WAS PUBLICIZED IN February 2011 and DECEMBER 2012 IN THE LOCAL NEWSPAPER, THE PHILDAELPHIA INQUIRER Government Assistance Schedule E, Part I, Line 6a THE UNIVERSITY RECEIVED $3,008,486 IN GOVERNMENTAL GRANTS FOR THE YEAR ENDED JUNE 30, 2012. true Central America and the Caribbean Grantmaking 26680 Central America and the Caribbean Program Services Midwifery Program 735 East Asia and the Pacific Program Services Study Abroad 16484 East Asia and the Pacific Grantmaking 57850 Europe (Including Iceland and Greenland) Program Services Faculty Travel 10025 Europe (Including Iceland and Greenland) Program Services Study Abroad 578528 Europe (Including Iceland and Greenland) Grantmaking 59195 Middle East and North Africa Program Services Faculty Travel 1183 Middle East and North Africa Grantmaking 31907 North America Program Services Faculty Travel 1054 North America Grantmaking 5000 South America Program Services Study Abroad 1250 South America Grantmaking 27000 South Asia Grantmaking 27251 Sub-Saharan Africa Grantmaking 162166 1006308 1006308 International Scholarships Cent. America/Caribbean 3 26680 International Scholarships East Asia/Pacific 14 57850 International Scholarships Europe/Iceland/Greenland 6 59195 International Scholarships Middle East/North Africa 6 31907 International Scholarships North America 1 5000 International Scholarships South America 3 27000 International Scholarships South Asia 5 27251 International Scholarships Sub-Saharan Africa 8 162166 false false false false false false Procedures for Monitoring Use of Grant Funds Outside US Schedule F, Part I, Line 2 Federal grant funds are awarded in compliance with federal regulations applicable to the specific program. Institutional procedures allow for separation of awarding and disbursing of funds. Students who receive scholarships and federal work study funds are monitored each semester for academic progress. Annual audits are conducted by an independent certified public accounting firm to ensure compliance with all programs. Evening of Innv 423567 307783 115784 250379 29804 14790 129289 Golf Outing 57471 32490 24981 16091 193 3 38533 3180 35353 24423 17344 9088 519571 343453 176118 290893 47148 14790 138570 491401 -315283 true Student Grants and Scholarships 2437 32189199 Federal Work Study 556 366077 Procedure for Monitoring Use of Grant Funds Inside U.S. Schedule I, Part I, Line 2 FEDERAL GRANT FUNDS ARE AWARDED IN COMPLIANCE WITH FEDERAL REGUALTIONS APPLICABLE TO THE SPECIFIC PROGRAM. INSTITUTIONAL PROCEDURES ALLOW FOR SEPARATION OF AWARDING AND DISBURSING OF FUNDS. STUDENTS WHO RECEIVE SCHOLARSHIPS AND FEDERAL WORK STUDY FUNDS ARE MONITORED EACH SEMESTER FOR ACADEMIC PROGRESS. ANNUAL AUDITS ARE CONDUCTED BY AN EXTERNAL AUDIT FIRM TO ENSURE COMPLIANCE WITH ALL PROGRAM GUIDELINES. X X true true X X X false false false false false false false false false STEPHEN SPINELLI 324202 0 0 0 5084 0 22050 0 118488 0 469824 0 0 0 HOWARD R SWEARER 194828 0 6759 0 41009 0 28679 0 21184 0 292459 0 6759 0 JAMES P HARTMAN 155808 0 0 0 494 0 15750 0 51023 0 223075 0 0 0 JESSE SHAFER 171275 0 0 0 67 0 20415 0 2429 0 194186 0 0 0 PATRICIA M BALDRIDGE 148921 0 0 0 31075 0 13939 0 20216 0 214151 0 0 0 MUTHU GOVINDARAJ 164967 0 0 0 1318 0 9760 0 20380 0 196425 0 0 0 DAVID S BROOKSTEIN 167415 0 0 0 2134 0 14357 0 20991 0 204897 0 0 0 D R WIDDER 160800 0 0 0 9165 0 4872 0 1386 0 176223 0 0 0 G GEOFFREY CROMARTY 153975 0 0 0 26362 0 26900 0 20520 0 227757 0 0 0 HOUSING PART I, LINE 1A HOUSING IS PROVIDED TO THE UNIVERSITY PRESIDENT, THE DIRECTOR OF SAFETY & SECURITY AND THE DEAN OF STUDENTS AS PART OF THEIR EMPLOYMENT AGREEMENTS. THE UNIVERSITY DEEMS IT NECESSARY THAT THESE INDIVIDUALS LIVE ON CAMPUS IN ORDER TO BE ABLE TO IMMEDIATELY PROVIDE LEADERSHIP TO THE CAMPUS COMMUNITY AT ANY TIME, 24 HOURS A DAY, 7 DAYS A WEEK. PHEFA REVENUE BOND SERIES OF 2006 232243852 70917RBG9 2006-01-10 11185000 REFUND 1996 PHEFA REVENUE BONDS false false false PHEFA REVENUE BOND SERIES OF 2004A 232243852 2004-11-18 29085000 CONSTRUCT & FURNISH CAMPUS CENTER false false false PHEFA REVENUE BOND SERIES OF 2007 232243852 2007-05-18 15055000 REFUND 2000 PHEFA REVENUE BOND false false false 0 0 11225600 832000 0 0 214127 0 0 4250000 0 0 2006 true false true true 0 0 29097529 2662780 0 0 506679 0 0 24803519 0 0 2004 false false true true 0 0 15359773 1831944 0 0 218348 0 0 0 0 0 2007 false true true true false false false false 0.00000 0.00000 0.00000 true false false false false 0.00000 0.02000 0.02000 true false false false false 0.00000 0.00000 0.00000 true true false false 0 true Wachovia & FSA 29. true false false true false false 0 true Citigroup 2.75 true false false true false false 0 false 0 false false PHEFA REVENUE BOND SERIES OF 2011 232243852 70917RV51 2011-04-28 17780000 CONSTRUCT & FURNISH BUILDING false false false 2011B PHEFA REVENUE BOND 232243852 2011-05-25 11800000 REFUND 2009 VARIABLE RATE BOND false false false 0 0 17221485 1292256 0 0 275000 0 0 9271371 0 0 2012 false false true true 0 0 11800000 0 0 0 105000 0 0 0 11695000 0 2011 true false true true false false false false 0.00000 0.00000 0.00000 true false false false false 0.00000 0.00000 0.00000 true true false false 0 false 0 false false true true false 0 false 0 false false Officer Officer 30356 Tuition Allied Barton Board of Trustee Chairman 1004707 Contract Security Services false Allied Barton Schedule L Part IV The securities services contract was awarded to Allied Barton after completion of a competitive bid process. X 6 36701 FMV X 1 3811628 Independent Appr 0 false true true Third Party Assistance of Noncash Contributions PART I, LINE 32B SECURITIES ARE PROCESSED AND SOLD FOR THE UNIVERSITY BY WELLS FARGO ADVISORS. Form 990, Part III, Line 4d Other Program Services OTHER: BUILT IN 1992, THE AWARD WINNING PAUL J. GUTMAN LIBRARY BLENDS A TRADITIONAL PRINT COLLECTION WITH CONTINUALLY EXPANDING DIGITAL RESOURCES. GUTMAN LIBRARY STAFF WORK COLLABORATEIVELY WITH THE UNIVERISTY COMMUNITY TO ENSURE STUDENTS ACHIEVE INSTITUTIONAL LEARNING OUTCOMES. THE LIBRARY DEVELOPS, PRESERVES, ORGANIZES, AND MAKES ACCESSIBLE A VARIETY OF RELEVANT PHYSICAL AND DIGITAL COLLECTIONS WHICH SUPPORT THE UNIVERSITY'S CURRICULAR AND RESEARCH GOALS. PHILADELPHA UNIVERSITY'S ACADEMIC COMPUTING, HONORS PROGRAM, AND LEARNING CENTER SERVE TO ENHANCE THE STUDENT'S LEARNING EXPERIENCE AND PROMOTE SUCCESSFUL OUTCOMES OVER A CROSS SECTION OF STUDENTS. Form 990 Review Process Form 990, Part VI, Line 11b THE FINAL VERSION OF THE FORM 990 AND REQUIRED SCHEDULES WERE E-MAILED TO EACH MEMBER OF THE UNIVERSITY'S BOARD-APPOINTED AUDIT COMMITTEE A WEEK PRIOR TO FILING THE RETURN. THE AUDIT COMMITTEE PERFORMED A HIGH LEVEL REVIEW OF THE FORM 990 AND DETAILS WERE PROVIDED BY THE CHIEF FINANCIAL OFFICER AS REQUESTED BY THE COMMITTEE. AFTER THE AUDIT COMMITTEE'S REVIEW IS COMPLETE AND PRIOR TO SUBMISSION OF THE RETURN, THE FORM 990 AND REQUIRED SCHEDULES ARE PLACED ON THE PHILADELPHIA UNIVERSITY BOARD OF TRUSTEE'S WEBSITE FOR THEIR DOWNLOAD AND HIGH LEVEL REVIEW. Conflict of Interest Policy Monitoring & Enforcement Form 990, Part VI, Line 12c PHILADELPHIA UNIVERSITY MONITORS COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY BY REQUIRING EACH BOARD TRUSTEE, OFFICER AND SENIOR STAFF TO DISCLOSE ANY MATERIAL FACTS AS TO ANY FINANCIAL INTERESTS IN THE ANNUAL CONFLICT-OF-INTEREST DISCLOSURE STATEMENT SIGNED BY EACH PERSON. ADDITIONALLY, FINANCIAL INTEREST DISCLOSURE IS REQUIRED WHEN MATTERS COME UP FOR ACTION BY THE BOARD OR ANY BOARD COMMITTEE. THE CONFLICT-OF-INTEREST DISCLOSURE REQUIRES ANNUAL DISCLOSURE OF INTERESTS, SUCH AS A LIST OF FAMILY MEMBERS, SUBSTANTIAL BUSINESS OR INVESTMENT HOLDINGS, AND OTHER TRANSACTIONS OR AFFILIATIONS WITH BUSINESS OR OTHER ORGANIZATIONS. THE DISCLOSURE IS FILED ANNUALLY AND REVIEWED BY THE SECRETARY OF THE UNIVERSITY. ALL NEW TRUSTEES AND OFFICERS MUST COMPLETE AND FILE THE DISCLOSURE WITHIN 30 DAYS OF THE INITIATION OF THEIR DUTIES AS TRUSTEE OR OFFICER. A MATERIAL MATTER, FOR PURPOSES OF THE UNIVERSITY'S CONFLICT-OF-INTEREST POLICY, IS DEFINED AS ANY CONTRACT OR TRANSACTION, THE CONSIDERATION FOR WHICH EXCEEDS $5,000 SINGULARLY OR IN THE AGGREGATE OVER A ONE YEAR PERIOD. A TRUSTEE OR OFFICER HAVING SUCH FINANCIAL INTEREST IN ANY MATERIAL MATTER SHALL NOT VOTE OR OTHERWISE PARTICIPATE WITH RESPECT TO THE MATTER. THEY MAY BE COUNTED IN DETERMINING THE QUORUM FOR THE MEETING AT WHICH THE MATTER IS CONSIDERED BUT SHALL NOT BE PRESENT WHEN THE FINAL DISCUSSION IS HELD AND THE VOTE IS TAKEN. MINUTES FROM THE MEETING WILL REFLECT SUCH DISCLOSURE AND ABSTENTION. Process for Determining Compensation Form 990, Part VI, Line 15a THE COMPENSATION OF THE UNIVERSITY PRESIDENT, OFFICERS, ALL MEMBERS OF THE PRESIDENT'S COUNCIL AND ANY OTHER EMPLOYEE OF THE UNIVERSITY DETERMINED TO BE IN A POSITION TO EXERCISE SUBSTANTIAL INFLUENCE OVER THE AFFAIRS OF THE UNIVERSITY IS DETERMINED THROUGH A MULTI-STEP PROCESS. A COMPREHENSIVE STUDY WAS COMPLETED BY BRYAN ASSOCIATES WHICH USED A POINT FACTOR JOB EVALUATION METHOD TO EVALUATE POSITIONS AS TO SALARY STRUCTURE, GRADE LEVEL, SALARY RANGE, AND SALARY WIDTH FOR INTERNAL AND EXTERNAL EQUITY. ADDITIONALLY, THE UNIVERSITY PARTICIPATES IN THE ANNUAL COMPENSATION AND BENEFITS MARKET SURVEY CONDUCTED BY THE COLLEGE AND UNIVERSITY PERSONNEL ADMINISTRATION FOR HUMAN RESOURCES. THIS SURVEY DATA PROVIDES COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN COMPARABLE POSITIONS AT OTHER UNIVERSITIES OR PROFESSIONS IN COMPARABLE INDUSTRIES. THE INFORMATION FROM THESE SOURCES IS SUMMARIZED ANNUALLY BY THE HUMAN RESOURCE OFFICE FOR REVIEW BY THE UNIVERSITY'S EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE COMPENSATION COMMITTEE CONSISTS OF AT LEAST THREE TRUSTEES, INCLUDING A CHAIR WHO IS THE CHAIR OF THE BOARD. COMMITTEE MEMBERS MUST BE INDEPENDENT FROM THE BUSINESS OPERATIONS OF THE UNIVERSITY. THE COMMITTEE MEMBERS ARE CHOSEN BY THE CHAIR OF THE BOARD. THE COMMITTEE MEETS AS OFTEN AS NECESSARY BUT AT LEAST ONCE A YEAR AND WILL REPORT TO THE BOARD ON THE ACTIVITIES OF THE COMMITTEE FROM TIME TO TIME. THE COMMITTEE RECOMMENDS TO THE FULL BOARD FOR APPROVAL THE TOTAL COMPENSATION PACKAGE INCLUDING INCENTIVES, PEREQUISITES AND FRINGE BENEFITS FOR THE PRESIDENT. THE COMMITTEE ALSO REVIEWS AND APPROVES RECOMMENDATIONS BY THE PRESIDENT FOR THE TERMS OF EMPLOYMENT AND TOTAL COMPENSATION OF ALL MEMBERS OF THE PRESIDENT'S COUNCIL. SPECIFICALLY, THEY REVIEW AND APPROVE BASE SALARY RANGES AND PARTICIPATION AND BENEFIT LEVELS ASSOCIATED WITH ALL FORMS OF COMPENSATION DETERMINING THE REASONABLENESS OF THE COMPENSATION. THE COMMITTEE DOCUMENTS IN A WRITTEN REPORT WITHIN 30 DAYS OF MAKING ITS DETERMINATION OF REASONABLENESS WITH RESPECT TO COMPENSATION OF DISQUALIFIED PERSONS UNDER SECTION 4958 OF THE CODE: (A) THE TERMS OF THE TRANSACTION THAT WERE APPROVED AND THE DATE IT WAS APPROVED; (B) THE MEMBERS OF THE COMMITTEE WHO WERE PRESENT DURING DEBATE ON THE TRANSACTION THAT WAS APPROVED AND THOSE WHO VOTED ON IT; (C) THE COMPARABILITY DATA OBTAINED AND RELIED UPON BY THE COMMITTEE AND HOW THE DATA WAS OBTAINED; AND (D) ANY ACTIONS TAKEN WITH RESPECT TO CONSIDERATION OF THE TRANSACTION BY ANYONE WHO IS OTHERWISE A MEMBER OF THE COMMITTEE BUT WHO HAD A CONFLICT OF INTEREST WITH RESPECT TO THE TRANSACTION. THE REPORT MUST BE APPROVED BY THE COMMITTEE AS REASONABLY ACCURATE AND COMPLETE WITHIN A REASONABLE TIME THEREAFTER AND FORWARDED OR OTHERWISE MADE AVAILABLE TO THE BOARD. How Documents are Made Available to the Public Form 990, Part VI, Line 19 THE UNIVERSITY'S BY-LAWS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICIES ARE AVAILABLE UPON REQUEST. THE UNIVERSITY'S 990 AND 990T TAX FORMS ARE ALSO MADE AVAILABLE TO THE PUBLIC ON THE WEBSITE GUIDESTAR.ORG AND UPON REQUEST.