2012-05-08T13:16:16-05:00 2011-06-30 MOSS ADAMS LLP 3121 WEST MARCH LANE SUITE 100 STOCKTON CA 952192303 990 2010-07-01 951644026 UNIVERSITY OF LA VERNE UNIV 9095933511 1950 THIRD STREET LA VERNE CA 917504401 PHILIP HAWKEY 9095933511 2012-05-01 1 TRACY S PAGLIA 2099556100 2010 2016-02-24 21:20:13Z PHILIP HAWKEY 1950 THIRD STREET LA VERNE CA 917504401 155267639 0 X WWW.LAVERNE.EDU X 1891 CA DELIVERY OF UNDERGRADUATE & GRADUATE DEGREE PROGRAMS. 25 23 2274 0 0 0 6544960 7699007 120902739 140878026 2637874 1446700 848146 1211858 130933719 151235591 25912551 33962421 0 0 60619286 67941165 0 0 2583609 40569904 41379710 127101741 143283296 3831978 7952295 184382744 238471313 79171407 118605750 105211337 119865563 X IT IS THE MISSION OF THE UNIVERSITY OF LA VERNE TO PROVIDE OPPORTUNITIES FOR STUDENTS TO ACHIEVE THEIR EDUCATIONAL GOALS AND BECOME CONTRIBUTING CITIZENS TO THE GLOBAL COMMUNITY.THIS IS ACCOMPLISHED BY OFFERING HIGH QUALITY DEGREE PROGRAMS TO BOTH TRADITIONAL-AGED AND ADULT LEARNERS; PROVIDING LIBERAL ARTS AND PROFESSIONAL PROGRAMS FROM UNDERGRADUATE TO DOCTORAL LEVELS; AND DELIVERING PROGRAMS TO STUDENTS AT THE CENTRAL LA VERNE CAMPUS AS WELL AS REGIONAL CAMPUSES AND SATELLITE CLASS LOCATIONS THROUGHOUT CALIFORNIA.THE UNIVERSITY PROVIDES A STUDENT-CENTERED, VALUES-BASED, AND DIVERSE LEARNING ENVIRONMENT. IT TAKES PRIDE IN OFFERING SMALL CLASS SIZES IN A HIGHLY PERSONALIZED SETTING. THE UNIVERSITY ENCOURAGES EFFECTIVE TEACHING, RESEARCH, SCHOLARLY CONTRIBUTIONS, AND SERVICE TO THE GREATER COMMUNITY BY SHARING ITS ACADEMIC, PROFESSIONAL, AND INDIVIDUAL RESOURCES. 0 0 118701457 33962421 140878026 EDUCATIONAL SERVICES FOR UNDERGRADUATE, GRADUATE, LAW AND DOCTORAL STUDENTS. APPROXIMATE NUMBER OF STUDENTS SERVED: 11,000 118701457 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 1 0 1 1 0 0 0 1 1 0 0 0 1 238 0 1 2274 1 0 0 0 0 0 1 1 1 1 0 0 0 X 25 23 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 CA X X LORI GORDIEN CASE 9095933511 1950 THIRD STREET LA VERNE CA 917504401 LUIS FAURA 3.00 X 0 0 0 KENNETH L CALKINS 3.00 X 0 0 0 ANN QUAY DAVIS 3.00 X 0 0 0 MICHAEL A ABRAHAM 3.00 X 0 0 0 RAY BUD ELAM 3.00 X 0 0 0 ALEX ESPINOZA 3.00 X 0 0 0 RICHARD H GEORGE 3.00 X 8464 0 0 BENJAMIN C HARRIS 3.00 X 0 0 0 MARK HICKS 3.00 X 0 0 0 WENDY LAU 3.00 X 0 0 0 RICHARD A LEWIS 3.00 X 0 0 0 KENNETH LITTLE 3.00 X 0 0 0 JAMES W LONG 3.00 X 0 0 0 D TAD LOWREY 3.00 X 0 0 0 MARY ANN MELLEBY 3.00 X 0 0 0 IVAN MISNER 3.00 X 0 0 0 CECILIA MARTINEZ MORRIS 3.00 X 0 0 0 PAUL MOSELEY 3.00 X 0 0 0 GREGORY G PETERSEN 3.00 X 0 0 0 STEVEN N REENDERS 3.00 X 0 0 0 VALERIE C ROMERO 3.00 X 0 0 0 SUSAN SEARING 3.00 X 0 0 0 DAVID D SHIVELY 3.00 X 0 0 0 EMMETT L TERRELL 3.00 X 0 0 0 DONALD G WILSON 3.00 X 0 0 0 STEPHEN MORGAN 40.00 X 278547 0 146373 PHILIP HAWKEY 40.00 X 237708 0 25487 THOMAS G DEWEY 40.00 X 227783 0 29768 JEAN BJERKE 40.00 X 164718 0 27369 HOMA SHABAHANG 40.00 X 175330 0 24521 ALLEN EASLEY 40.00 X 250355 0 27310 MARK GOOR 40.00 X 156481 0 22426 CLIVE HOUSTON - BROWN 40.00 X 154586 0 59307 IBRAHIM HELOU 40.00 X 152707 0 24718 JONATHAN REED 40.00 X 151575 0 15156 RITA THAKUR 40.00 X 183595 0 23599 ALDEN REIMONENQ 40.00 X 173582 0 14121 DAVID KUNG 40.00 X 152022 0 15053 H RANDALL RUBIN 40.00 X 159902 0 26160 ROBERT BARRETT 40.00 X 158967 0 25300 2786322 0 506668 120 0 1 0 PROFESSIONAL DEVELOPMENT COURSES PO BOX 5196 OCEANSIDE CA 92052 CONTRACTED TEACHING SERVICES 3686475 KAR CONSTRUCTION INC 1306 W BROOKS ST ONTARIO CA 91762 CONSTRUCTION SERVICES 3030511 SODEXO INC & AFFILIATES 135 SANTILLI HIGHWAY EVERETT MA 02149 JANITORIAL/CAMPUS FOOD SERVICES 2955839 ALLIANT INSURANCE SERVICES 735 E CARNEGIE DR STE 200 SAN BERNARDINO CA 92408 INSURANCE BROKER 828050 RENAISSANCE AGENCIES INC PO BOX 2300 SANTA MONICA CA 90401 INSURANCE BROKER 805389 47 3304323 4394684 2287287 7699007 TUITION & FEES 611710 135451548 135451548 AUXILIARY ENTERPRISES 611710 5302123 5302123 BOOKSTORE 900099 84464 84464 TICKET SALES & EVENTS 900099 29341 29341 SPONSORED PROGRAMS 900099 10550 10550 140878026 979383 979383 14435 14435 4484930 4032048 452882 452882 452882 GAIN ON DEBT FORGIV. 900099 53777 53777 STAFF PARKING FEES 900099 33370 33370 1124711 1124711 1211858 151235591 140878026 0 2658558 33962421 33962421 2407512 1471750 741899 193863 145390 145390 53409557 43314782 8792468 1302307 4305702 3295235 892474 117993 3725677 2667050 954458 104169 3947327 3222404 625657 99266 415725 68160 342965 4600 165191 165191 118587 118587 11726033 9830504 1745174 150355 1559351 1430212 127389 1750 3281087 1761214 1281378 238495 2806541 342019 2209782 254740 4147305 2636175 1511130 2033307 1535661 393793 103853 302624 221740 75272 5612 3995729 3995729 5121634 5121634 1523339 932074 591145 120 EQUIP., FURN., & BOOKS 1598258 1425374 166398 6486 LITIGATION EXPENSE 1263070 1263070 LOSS ON DEFEASANCE OF B 887709 887709 ALLOWANCE FOR BAD DEBTS 434220 434220 143283296 118701457 21998230 2583609 25078 41311 50565208 82338756 872805 731877 5097317 3411897 30015 23987 3019835 4235130 153755205 56857037 83239276 96898168 32913631 40909550 4600991 5032407 4018588 4848230 184382744 238471313 12633167 12326814 8077767 9990696 40903750 88460000 10933357 1615497 6623366 6212743 79171407 118605750 X 76141342 86512706 9298655 13381942 19771340 19970915 105211337 119865563 184382744 238471313 X 7952295 6701931 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 29794226 890834 6707216 466588 296830 36628858 27836727 194498 3153863 455642 935220 29794226 32221043 2068751 -5702258 450849 299960 27836727 0.34710 0.43160 0.22140 0 0 323105 14858478 15181583 83045090 24852449 58192641 9778028 3295158 6482870 37195541 28709430 8486111 8554963 8554963 96898168 ANNUITIES PAYABLE 3373437 FEDERAL STUDENT LOAN FUNDS 2839306 6212743 151235591 143283296 7952295 6798637 -96706 6701931 14654226 126364581 6798637 74000 6872637 119491944 31743647 31743647 151235591 111710355 74000 96706 170706 111539649 31743647 31743647 143283296 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE BOARD MEMBERS OF THE UNIVERSITY, IN SETTING THE ENDOWMENT SPENDING POLICY, CONSIDERED THE FOLLOWING FACTORS: 1) PRESERVATION OF ASSET VALUES, 2) PRESERVATION OF PURCHASING POWER, AND 3) CONSISTENCY OF SPENDING OVER TIME. THE UNIVERSITY'S BOARD ADOPTED A SPENDING POLICY OF 4.75% WITH A VIEW TOWARD BALANCING THE NEED FOR EXPENDABLE FUNDS FOR UNIVERSITY PROGRAMS AGAINST THE NEED TO PRESERVE THE ENDOWMENT AGAINST INFLATION. IN ORDER TO ACHIEVE THE OBJECTIVE OF MAINTAINING PURCHASING POWER, THE ENDOWMENT'S ANNUAL RATE OF RETURN MUST EQUAL THE ANNUAL DISTRIBUTION, PLUS INFLATION, PLUS MANAGEMENT, CUSTODIAL AND ADMINISTRATIVE FEES. THE DISTRIBUTION TO THE UNIVERSITY IS BASED ON A 12 QUARTER MOVING AVERAGE OF THE MARKET VALUE. THIS SPENDING METHOD PROTECTS THE UNIVERSITY'S DISTRIBUTION FROM THE INCREASED VOLATILITY IN THE MARKETS. DISTRIBUTIONS ARE PROVIDED TO STUDENTS FOR SCHOLARSHIPS, VARIOUS COLLEGES, AND PROGRAMS IN ACCORDANCE WITH DONOR DESIGNATIONS. THE DISTRIBUTIONS ARE REFLECTED IN THE NET ASSETS OF THE ENDOWMENT FUND. HOWEVER, THERE IS NOT A TRANSFER OF ACTUAL CASH FROM THE ENDOWMENT FUND. WITHOUT REQUIRING A LIQUIDATION OF CASH, THIS TREATMENT ALLOWS THE INVESTMENTS OF THE ENDOWMENT TO GROW. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN ACTUARIAL OBLIGATIONS -96,706. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 31,743,647. PART XIII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN ACTUARIAL OBLIGATIONS 96,706. PART XIII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 31,743,647. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE UNIVERSITY CUSTOMARILY DRAWS STUDENTS FROM THE LOCAL COMMUNITIES. THE UNIVERSITY FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AND ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 UNIVERSITY OF LA VERNE PARTICIPATES IN THE SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, COLLEGE WORK-STUDY, PELL GRANT, NATIONAL SMART GRANTS, TITLE V GRANTS, NATIONAL SCIENCE FOUNDATION, PERKINS LOANS, FAMILY EDUCATION LOANS AND CALIFORNIA STATE DEPARTMENT OF EDUCATION PROGRAMS. 1 SCHOLARSHIPS/GRANTS FOR STUDENTS 2016 33962421 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: STUDENTS WHO RECEIVE GRANTS FROM THE UNIVERSITY ARE DETERMINED IN ACCORDANCE WITH THE UNIVERSITY'S STANDARD POLICIES AND PROCEDURES. IN SUMMARY, A STUDENT IS REQUIRED TO COMPLETE A FAFSA TO BE CONSIDERED FOR FINANCIAL AID ASSISTANCE. UPON COMPLETION OF THE FAFSA, THE UNIVERSITY IS PROVIDED THE STUDENT'S ESTIMATED FAMILY CONTRIBUTION (EFC). BASED ON THE EFC AND OTHER CRITERIA (I.E. ENROLLMENT STATUS, ACADEMIC STANDING, ETC.), THE OFFICE OF FINANCIAL AID MAY AWARD A STUDENT AN INSTITUTIONAL GRANT. THERE ARE SYSTEMIC PROCEDURES IN PLACE TO ENSURE THAT THE GRANT IS APPLIED AGAINST TUITION AND MEETS THE REQUIREMENTS OF THE SPECIFIC GRANT. STUDENT ACCOUNTS AND THE OFFICE OF FINANCIAL AID ARE RESPONSIBLE FOR MONITORING THE STUDENT'S FINANCIAL AID STATUS WHILE AT THE UNIVERSITY. X 1 1 X X X X 0 1 0 0 0 0 0 0 0 STEPHEN MORGAN 278547 0 0 0 0 0 135819 0 10554 0 424920 0 0 0 PHILIP HAWKEY 237708 0 0 0 0 0 23826 0 1661 0 263195 0 0 0 THOMAS G DEWEY 227783 0 0 0 0 0 23244 0 6524 0 257551 0 0 0 JEAN BJERKE 164718 0 0 0 0 0 17034 0 10335 0 192087 0 0 0 HOMA SHABAHANG 175330 0 0 0 0 0 17598 0 6923 0 199851 0 0 0 ALLEN EASLEY 250355 0 0 0 0 0 23742 0 3568 0 277665 0 0 0 MARK GOOR 156481 0 0 0 0 0 16056 0 6370 0 178907 0 0 0 CLIVE HOUSTON - BROWN 154586 0 0 0 0 0 16256 0 43051 0 213893 0 0 0 IBRAHIM HELOU 152707 0 0 0 0 0 15618 0 9100 0 177425 0 0 0 JONATHAN REED 151575 0 0 0 0 0 15156 0 0 0 166731 0 0 0 RITA THAKUR 183595 0 0 0 0 0 13344 0 10255 0 207194 0 0 0 ALDEN REIMONENQ 173582 0 0 0 0 0 13806 0 315 0 187703 0 0 0 DAVID KUNG 152022 0 0 0 0 0 10086 0 4967 0 167075 0 0 0 H RANDALL RUBIN 159902 0 0 0 0 0 15852 0 10308 0 186062 0 0 0 ROBERT BARRETT 117031 0 0 0 41936 0 11085 0 14215 0 184267 0 0 0 PART I, LINE 1A AS A GENERAL POLICY OF THE UNIVERSITY, EXPENSES ATTRIBUTABLE TO SPOUSE TRAVEL ARE NOT REIMBURSABLE. PRIOR WRITTEN APPROVAL FOR SPECIFIC TRIPS MUST BE OBTAINED FROM THE EXECUTIVE VICE PRESIDENT. IN ORDER TO BE APPROVED, THESE SITUATIONS MUST MEET THE BONA FIDE BUSINESS CRITERIA PROVIDED FOR BY THE IRS REGULATIONS AND MAY RESULT IN TAXABLE INCOME TO THE EMPLOYEE. DURING THE CURRENT YEAR, THE UNIVERSITY PAID FOR AIRFARE FOR THE EXECUTIVE VICE PRESIDENT'S WIFE AS THE EXECUTIVE VICE PRESIDENT INTERRUPTED HIS PREPAID VACATION IN EUROPE SO HE COULD TRAVEL TO ATHENS, GREECE TO ADDRESS UNIVERSITY MATTERS. THIS EXCEPTION TO THE GENERAL POLICY WAS APPROVED BY THE UNIVERSITY PRESIDENT PER THE WRITTEN POLICY. PART I, LINE 4B PART I, LINE 4B: THE PRESIDENT HAD AN EXECUTIVE RETIREMENT PLAN AS PART OF HIS OVERALL COMPENSATION PACKAGE. THE PRESIDENT PARTICIPATED IN THE PLAN DURING FISCAL YEAR 2010/2011 AND RECEIVED HIS DISTRIBUTION IN FISCAL YEAR 2011/2012. SUPPLEMENTAL INFORMATION PART III PART II: FOR CLIVE HOUSTON-BROWN, THE NONTAXABLE BENEFITS AMOUNT INCLUDES EMPLOYER PAID BENEFITS AS WELL AS THE TUITION REMISSION BENEFIT FOR AN ELIGIBLE FAMILY MEMBER, WHO WAS ENROLLED AS AN UNDERGRADUATE STUDENT. FOR ROBERT BARRETT, THE OTHER REPORTABLE COMPENSATION AMOUNT IS COMPRISED OF THE TUITION REMISSION BENEFIT FOR AN ELIGIBLE FAMILY MEMBER, WHO WAS ATTENDING AS A GRADUATE STUDENT. CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 13048THG1 2010-11-24 69676082 UNIVERSITY CONSTRUCTION / IMPROVEMENTS & REFUND PRIOR BOND ISSUANCES 0 0 0 CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 130178AQ9 2005-11-10 20570652 UNIVERSITY CONSTRUCTION / IMPROVEMENTS & REFUND PRIOR BOND ISSUANCES 0 0 0 69676082 6101650 1845960 1108057 600000 31128866 29269306 1 0 0 1 2750000 20570652 1017689 403582 6120772 12844413 184196 2007 1 1 0 1 0 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 0 0 0 0.00000 0.00000 0.00000 1 1 0 0 0 0 0 1 0 0 0 0 0 SCHEDULE K, PART II, COLUMN A, LINE 11 FINAL ALLOCATION OF PROCEEDS: THE 2005A FUNDS HAVE NOT BEEN FULLY ALLOCATED BECAUSE THE PURPOSE OF THE 2005A BOND ISSUE IS RELATIVELY LIMITED. THE UNIVERSITY WILL UTILIZE THE REMAINING BALANCE IN THE NEXT 12 MONTHS FOR THE EXPANSION OF THE WATER CHILLER TO SUPPORT THE NEW RESIDENCE HALL. NA N/A 37630 MERIT SCHOLARSHIP ANNA JABLONSKI FAMILY MEMBER OF PHIL HAWKEY, EXECUTIVE VICE PRESIDENT 75691 COMPENSATION FOR EMPLOYMENT 0 BIANCA ROMERO FAMILY MEMBER OF CECILIA MARTINEZ MORRIS, TRUSTEE 69699 COMPENSATION FOR EMPLOYMENT 0 X 4 127079 PUBLICLY LISTED X 1 51000 APPRAISAL X 1 2066579 APPRAISAL X 1 5200 DONOR ESTIMATE X CAMERAS 1 7670 DONOR ESTIMATE X WINE 1 2750 DONOR ESTIMATE X GOLD COINS 1 27009 PUBLICLY LISTED 1 0 1 1 THIRD PARTY USE: PART I, LINE 32B: THE UNIVERSITY MAY UTILIZE ORGANIZATIONS TO LIQUIDATE NON-CASH CONTRIBUTIONS IF IT IS DETERMINED THAT IT DOES NOT WANT TO MAINTAIN THE CONTRIBUTION AND THE DONOR RESTRICTIONS ALLOW FOR SUCH LIQUIDATION. THE ORGANIZATION SELECTED DEPENDS ON THE TYPE OF CONTRIBUTION RECEIVED AND THE MARKET IN WHICH IT CAN BE LIQUIDATED. FOR EXAMPLE, THE UNIVERSITY MAY UTILIZE A PROPERTY MANAGEMENT FIRM TO POST AVAILABLE PROPERTIES OF REAL ESTATE OR AN INVESTMENT FIRM TO SELL STOCKS. FORM 990, PART VI, SECTION A, LINE 2 STEVE REENDERS AND RICHARD LEWIS, BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11 THE INFORMATION/DATA FOR THE 990 IS PRIMARILY GATHERED, CALCULATED AND COMPILED BY THE FINANCIAL OPERATIONS MANAGER. UPON COMPLETING THESE STEPS, THE INFORMATION IS FORWARDED TO THE ASSOCIATE VICE PRESIDENT OF FINANCE FOR REVIEW AND APPROVAL. ONCE APPROVED, THE INFORMATION/DATA IS SENT TO THE ACCOUNTING FIRM, MOSS ADAMS, LLP, TO PREPARE THE ACTUAL 990. ONCE COMPLETED, THE 990 IS FORWARDED TO THE FINANCIAL OPERATIONS MANAGER TO ENSURE THAT THE INFORMATION THAT HAD BEEN ORIGINALLY PROVIDED WAS ENTERED CORRECTLY INTO THE 990. THE ASSOCIATE VICE PRESIDENT PERFORMS ANOTHER REVIEW OF THE RETURN. THE 990 IS THEN FORWARDED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW, COMMENTS AND APPROVAL. THE FINAL PUBLIC INSPECTION COPY OF THE APPROVED FORM 990 IS MADE AVAILABLE TO THE FULL BOARD THROUGH POSTING ON A SECURE WEBSITE PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST STATEMENT IS OBTAINED ANNUALLY FROM OFFICERS, TRUSTEES AND KEY EMPLOYEES AND REVIEWED BY THE FINANCE OFFICE. RELATIONSHIPS THAT GIVE RISE TO CONFLICT ARE DISCLOSED ON THE FORM 990 (IF REQUIRED) AND ALSO REVIEWED BY MEMBERS OF THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES ESTABLISHES THE SALARY OF THE PRESIDENT, AND THE PRESIDENT ESTABLISHES THE SALARIES FOR THE UNIVERSITY'S VICE PRESIDENTS. THE HUMAN RESOURCES DEPARTMENT REVIEWS THE UNIVERSITY'S SALARIES/COMPENSATION AND COMPARES THE INFORMATION TO BOTH NATIONAL AND LOCAL COMPARABILITY DATA TO ENSURE THE UNIVERSITY'S PAY RATES ARE CONSISTENT WITH OTHER COMPARABLE INSTITUTIONS. AN INDEPENDENT COMPENSATION CONSULTANT WAS USED BEGINNING FALL OF 2010 TO ASSIST IN FINDING A NEW PRESIDENT AND DEVELOPING THE COMPENSATION PACKAGE. THE NEW PRESIDENT BEGAN HER TERM ON JULY 1, 2011. FORM 990, PART VI, SECTION C, LINE 19 - FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBPAGE OF THE FINANCE OFFICE (HTTP://SITES.LAVERNE.EDU/FINANCE/). ALSO, THE AUDITED FINANCIAL STATEMENTS ARE POSTED TO THE ELECTRONIC MUNICIPAL MARKET ACCESS WEBSITE (WWW.EMMA.MSRB.ORG). - THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST FROM THE FINANCE OFFICE, AND IT IS ALSO AVAILABLE ON THE UNIVERSITY'S WEBSITE UNDER THE HUMAN RESOURCES PAGE. - GOVERNING/ORGANIZING DOCUMENTS ARE AVAILABLE UPON REQUEST FROM THE FINANCE OFFICE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 6,798,637. CHANGE IN ACTUARIAL OBLIGATIONS -96,706. TOTAL TO FORM 990, PART XI, LINE 5: 6,701,931. CHARITABLE REMAINDER UNITRUSTS (18) FUNDRAISING CA UNIVERSITY OF LA VERNE T CHARITABLE REMAINDER ANNUITY TRUST (1) FUNDRAISING CA UNIVERSITY OF LA VERNE T NET INCOME WITH MAKE-UP CHARITABLE REMAINDER UNITRUST (1) FUNDRAISING CA UNIVERSITY OF LA VERNE T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0