2012-03-06T16:34:14-06:00 2011-06-30 HOGANTAYLOR LLP 2200 SOUTH UTICA PLACE SUITE 400 TULSA OK 741147000 990 2010-07-01 730579298 UNIVERSITY OF TULSA UNIV 9186312583 800 S TUCKER DRIVE TULSA OK 74104 KEVAN BUCK 9186312583 2012-03-05 1 ALAN R SCHMITZ 9187452333 2010 2016-02-24 21:20:13Z KEVAN BUCK 800 S TUCKER DRIVE TULSA OK 74104 307209322 0 X WWW.UTULSA.EDU X 1894 OK THE UNIVERSITY OF TULSA IS A PRIVATE, INDEPENDENT, DOCTORAL-DEGREE-GRANTING INSTITUTION WHOSE MISSION REFLECTS THESE CORE VALUES: EXCELLENCE IN SCHOLARSHIP, DEDICATION TO FREE INQUIRY, INTEGRITY OF CHARACTER, AND COMMITMENT TO HUMANITY. THE UNIVERSITY ACHIEVES ITS MISSION BY EDUCATING MEN AND WOMEN OF DIVERSE BACKGROUNDS AND CULTURES. 52 46 3366 208 0 0 84893192 72559334 148235778 161142127 -30102 19547454 358380 368008 233457248 253616923 46105727 51439076 0 0 95474544 100208680 0 0 5724318 64633079 71015048 206213350 222662804 27243898 30954119 1119501636 1269874386 186785809 202204289 932715827 1067670097 X THE UNIVERSITY OF TULSA IS A PRIVATE, INDEPENDENT, DOCTORAL-DEGREE-GRANTING INSTITUTION WHOSE MISSION REFLECTS THESE CORE VALUES: EXCELLENCE IN SCHOLARSHIP, DEDICATION TO FREE INQUIRY, INTEGRITY OF CHARACTER, AND COMMITMENT TO HUMANITY. THE UNIVERSITY ACHIEVES ITS MISSION BY EDUCATING MEN AND WOMEN OF DIVERSE BACKGROUNDS AND CULTURES. 0 0 170280888 49353528 135255474 INSTRUCTION - THE UNIVERSITY SERVED APPROXIMATELY 3,348 UNDERGRADUATE AND 1,212 GRADUATE STUDENTS IN FISCAL YEAR ENDING JUNE 30, 2011. THIS CATEGORY INCLUDES DIRECT INSTRUCTION COSTS AS WELL AS HOUSING, DINING, STUDENT SERVICES, ATHLETICS, AUXILIARY ACTIVITIES, AND STUDENT AID. IT ALSO INCLUDES THE PORTION OF PLANT MAINTENANCE RELATED TO EDUCATIONAL ACTIVITIES. 6279078 36200 7586510 PUBLIC SERVICE - THIS ITEM INCLUDES 2 PUBLIC RADIO STATIONS, A SPEECH AND HEARING CLINIC, AND SEVERAL ACADEMIC JOURNALS. IT ALSO INCLUDES THE PETROLEUM ABSTRACTS DIVISION, WHICH ENGAGES IN INFORMATION TRANSFER RELATIVE TO THE OIL AND GAS KNOWLEDGE BASE. IT ALSO INCLUDES A PORTION OF PLANT MAINTENANCE RELATED TO PUBLIC SERVICE ACTIVITIES. 16393686 2049348 18300143 RESEARCH - THE INSTITUTION RECEIVES GRANTS FROM FEDERAL, STATE, AND LOCAL AGENCIES AS WELL AS FROM THE PRIVATE SECTOR. THE MAJOR PORTION OF THE INSTITUTION'S RESEARCH IS IN THE FIELDS OF PETROLEUM AND CHEMICAL ENGINEERING. IT ALSO INCLUDES A PORTION OF PLANT AND MAINTENANCE RELATED TO RESEARCH ACTIVITIES. 192953652 1 1 0 1 0 0 1 0 1 1 1 0 1 1 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 0 0 1 569 0 1 3366 1 1 1 0 0 0 0 1 1 0 0 0 0 X 52 46 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 OK X X MICHAEL D THESENVITZ CONTROLLER & ASSOC VP 9186312583 800 S TUCKER DRIVE TULSA OK 741043126 STEADMAN UPHAM 40.00 X X 827342 0 198858 ELLEN ADELSON 1.00 X 0 0 0 JAMES F ADELSON 1.00 X 0 0 0 BARBARA B ALLEN 1.00 X 0 0 0 KEITH E BAILEY 1.00 X 0 0 0 R MICHELLE BEALE 1.00 X 0 0 0 SHARON J BELL 1.00 X 0 0 0 CHET CADIEUX 1.00 X 0 0 0 JULIAN L CARR 1.00 X 0 0 0 MICHAEL D CASE 1.00 X 0 0 0 ROGER B COLLINS 1.00 X 0 0 0 SUSIE M COLLINS 1.00 X 0 0 0 R CASEY COOPER 1.00 X 0 0 0 KATHERINE G COYLE ESQ 1.00 X 0 0 0 JOSEPH W CRAFT III 1.00 X 0 0 0 J JERRY DICKMAN 1.00 X 0 0 0 J SCOTT DICKMAN 1.00 X 0 0 0 FREDERIC DORWART 1.00 X 0 0 0 JOHN ROBERT ELMBURG 1.00 X 0 0 0 WILLIAM F FISHER JR 1.00 X 0 0 0 RANDY A FOUTCH 1.00 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STREET ST LOUIS MO 63103 GROUNDS & JANITORIAL 2639227 JIM MOST INC 448 S 127TH E AVE TULSA OK 74128 CONSTRUCTION CONTRACTOR 1656704 MAGNUM CONSTRUCTION PO BOX 707 BROKEN ARROW OK 74013 CONSTRUCTION CONTRACTOR 1546655 HASTINGS & CHIVETTA ARCHITECTS 700 CORPORATE PARK DRIVE SUITE 400 ST LOUIS MO 63105 ARCHITECT SERVICES 1016519 25 56422 1065724 71437188 459710 72559334 STUDENT TUITION AND FE 611710 109742197 109742197 AUXILIARY-ATHLETICS, H 611710 25513277 25513277 RESEARCH & SPONSORED P 611710 18300143 18300143 SALES OF EDUCATION DEP 611710 6027775 6027775 1558735 1558735 161142127 1193913 1193913 261722 261722 68769 36209 32560 32560 32560 71865630 59053059 -5540970 12812571 5540970 18353541 18353541 117827 56422 44101 73726 73726 253616923 161142127 0 19915462 51439076 51439076 3834146 2194505 1359879 279762 71620480 65822364 3570781 2227335 5830613 5114835 503391 212387 14245815 13396206 459776 389833 4677626 4216540 305664 155422 316250 316250 188550 188550 304680 304680 13010339 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X 30954119 104000151 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 104935 0 0 0 104935 104935 221875119 221980054 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 6844 119623 108923 104935 340325 250000 250000 250000 250000 1000000 1500000 ORGANIZATIONS DIRECT AND INDIRECT POLITICAL CAMPAIGN ACTIVITIES: PART I-A, LINE 1: THE ORGANIZATION'S POLITICAL EXPENDITURES DO NOT INCLUDE DIRECT AND INDIRECT POLITICAL CAMPAIGN ACTIVITIES. X 0 263978528 26530943 53497877 17104425 304680 326598243 227077776 16394834 37604750 16224730 874102 263978528 283997531 4610666 -42522899 17815473 1192049 227077776 0.18500 0.81000 0.05000 1 0 32109787 32109787 287558289 63736407 223821882 40086627 20900214 19186413 58734553 36780566 21953987 56120245 31908250 24211995 321284064 HEDGE FUNDS 124064547 F COMMON STOCK 125575 F PRIVATE EQUITY 34521563 F 158711685 DEPOSITS WITH BOND TRUSTEE 24144956 FUNDS HELD IN TRUST BY OTHERS 487151735 511296691 DEPOSITS PAYABLE 948590 948590 PART III, LINE 1A: BOOK COLLECTIONS AND OTHER ART ARE HELD IN THE UNIVERSITY'S SPECIAL COLLECTIONS HOUSED IN MCFARLIN LIBRARY. THESE ARE NOT FOR PUBLIC VIEWING BUT ARE HELD FOR SCHOLARLY RESEARCH. PART III, LINE 4: THE COLLECTIONS ARE HELD IN THE MCFARLIN LIBRARY IN THE SPECIAL COLLECTIONS. THESE ARE NOT HELD FOR PUBLIC VIEWING BUT ARE USED EXCLUSIVELY FOR SCHOLARLY RESEARCH. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE UNIVERSITY OF TULSA'S ENDOWMENT FUNDS ARE PRIMARILY USED FOR SCHOLARSHIPS, FACULTY POSITIONS, AND OTHER OPERATING PURPOSES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FINANCIAL ACCOUNTING STANDARDS BOARD ISSUED NEW GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE UNIVERSITY ADOPTED THIS NEW GUIDANCE FOR THE YEAR ENDED JUNE 30, 2010. THE ACCOUNTING FOR INCOME TAXES MAY, AT TIMES INVOLVE SOME DEGREE OF UNCERTAINTY AND, AS SUCH, LEAD TO UNCERTAIN TAX POSITIONS HAVING BEEN TAKEN. MANAGEMENT EVAULATED THE UNIVERSITY'S TAX POSITIONS AND CONCLUDED THAT THE UNIVERSITY HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. GENERALLY, THE UNIVERSITY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2008. 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 OF TULSA PUBLISHES ITS EEO/AA STATEMENT ON ALL PUBLICATIONS, INCLUDING CLASS BULLETINS AND CLASS SCHEDULES AND ON ALL PRINT ADVERTISEMENTS. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE UNIVERSITY OF TULSA PARTICIPATES IN STUDENT FINANCIAL ASSISTANCE PROGRAMS OF THE U.S. DEPARTMENT OF EDUCATION WHICH INCLUDE FEDERAL PELL GRANT, FEDERAL SUPPLEMENT EDUCATION OPPORTUNITY GRANT, FEDERAL WORK STUDY, FEDERAL PERKINS LOAN PROGRAM, AND FEDERAL DIRECT STUDENT LOAN PROGRAMS. DOO WOP & BOBBY SOCKS 44080 7590 36490 1302 3644 500 2019 WINE FESTIVAL 120769 48832 71937 8688 3847 1474 14941 1 9400 0 9400 2550 3136 2000 174249 56422 117827 12540 10627 3974 16960 44101 73726 1 UNIVERSITY SCHOLARSHIPS, FELLOWSHIPS, AND GRANTS 3456 51439076 0 N/A OTHER INFORMATION: PART IV: THE UNIVERSITY OF TULSA FOLLOWS ALL WRITTEN PROCEDURES AS OUTLINED IN ELIGIBILITY CRITERIA. X X X X X X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 STEADMAN UPHAM 728504 0 0 0 98838 0 192862 0 5996 0 1026200 0 1184549 0 KEVAN BUCK 274604 0 0 0 8906 0 26196 0 7896 0 317602 0 329418 0 ROGER N BLAIS 216204 0 0 0 3206 0 23676 0 7796 0 250882 0 244636 0 JANIS CAVIN ZINK 170792 0 0 0 2660 0 17556 0 2208 0 193216 0 207512 0 DALE A SCHOENEFELD 143347 0 0 0 14628 0 16406 0 8068 0 182449 0 176943 0 ROGER SOROCHTY 161569 0 0 0 2640 0 16746 0 4681 0 185636 0 182651 0 ALLEN R SOLTOW 133776 0 0 0 3280 0 13836 0 8224 0 159116 0 154415 0 DUANE H KING 175448 0 0 0 19164 0 19896 0 552 0 215060 0 212260 0 LAWRENCE CUNNINGHAM 280055 0 50000 0 83828 0 26196 0 7612 0 447691 0 374964 0 ALFRED G SULLENBERGER 192059 0 0 0 20967 0 23025 0 10013 0 246064 0 237803 0 JANET LEVIT 181756 0 0 0 17820 0 21156 0 4744 0 225476 0 218670 0 STEVEN BELLOVICH 157651 0 0 0 4098 0 16746 0 8597 0 187092 0 180052 0 PAUL RANDOLPH 193304 0 16667 0 2602 0 20796 0 6696 0 240065 0 222278 0 MICHAEL T GRAHAM 991240 0 83334 0 9605 0 26196 0 10488 0 1120863 0 1036480 0 FREDERICK D WOJCIK 570680 0 31080 0 20023 0 26196 0 5064 0 653043 0 581969 0 SUJEET SHENOI 194943 0 0 0 1632 0 20201 0 100 0 216876 0 0 0 BRAD CARSON 226435 0 0 0 1320 0 8212 0 1940 0 237907 0 0 0 PART I, LINE 1A THE UNIVERSITY OF TULSA (TU) HAS PROVIDED THE FOLLOWING BENEFITS TO THE FOLLOWING OFFICERS, TRUSTEES, OR KEY EMPLOYEES: STEADMAN UPHAM: FIRST CLASS TRAVEL, GROSS-UP PAYMENTS, DISCRETIONARY SPENDING, HOUSING ALLOWANCE, CLUB DUES, PERSONAL SERVICES, TUITION AND AUTO KEVAN BUCK: CLUB DUES JANIS ZINK: CLUB DUES AND AUTO DALE SCHOENEFELD: TUITION ALLEN SOLTOW: CLUB DUES AND TUITION LAWRENCE CUNNINGHAM: TRAVEL FOR COMPANIONS, GROSS-UP PAYMENTS, CLUB DUES, TUITION AND AUTO ALFRED SULLENBERGER: BASKETBALL TICKETS FREDERICK WOJCIK: AUTO PART I, LINE 4B PART I, LINE 4B: LAWRENCE CUNNINGHAM 16,500.00 MICHAEL T. GRAHAM 16,500.00 DUANE H. KING 16,500.00 JANET LEVIT 16,500.00 DALE A. SCHOENEFELD 12,000.00 SUJEET SHENOI 16,500.00 ALFRED G. SULLENBERGER 16,500.00 STEADMAN UPHAM 15,500.00 FREDERICK D. WOJCIK 16,500.00 TULSA INDUSTRIAL AUTHORITY 521284044 89965QAL2 2006-07-28 31598595 BUILD APARTMENT COMPLEXES 0 0 0 TULSA INDUSTRIAL AUTHORITY 521284004 899676KW9 2006-10-26 27738583 FUNDS TO REFUND A PRIOR ISSUE SERIES- 2000B-9/12/00 0 0 0 TULSA INDUSTRIAL AUTHORITY 731372018 899676LW8 2009-03-02 35039575 FUNDS TO REFUND A PRIOR ISSUE SERIES 1996B-3/21/96 0 0 0 TULSA INDUSTRIAL AUTHORITY 731372018 899676ML1 2011-03-22 30323703 BUILDINGS AND REFUND PRIOR ISSUE 3/21/96 0 0 0 31598595 2084250 523450 28990895 2008 0 0 1 1 27738583 26984243 368003 386337 2006 0 1 1 1 35039575 1012578 33445000 581997 2009 1 0 1 1 30323703 2753912 18127446 573058 283019 8586268 2012 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CASEY COOPER TRUSTEE 195897 LEGAL FEES 0 KATHERINE COYLE TRUSTEE 35546 LEGAL FEES 0 CHET CADIEUX TRUSTEE 31980 FUEL FOR SHUTTLES 0 ROBERT E LORTON TRUSTEE 166016 NEWSPAPER SUBSCRIPTIONS & ADVERTISING 0 X 1 500 DONATION FORM X 2 LETTER FROM DONOR X 3 9464 RECEIPT FROM DONORS X JEWELRY 2 1949 INVOICES FROM DONOR X OFFICE FURNITURE 1 5000 INVOICE FROM DONOR X MEMORABILIA 2 3257 RECEIPTS FROM DONOR X SIGNAGE 1 15600 INVOICE FROM DONOR 1 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 ROBERT LORTON AND ROXANNA LORTON ARE HUSBAND AND WIFE. ROBERT LORTON AND ROGER COLLINS ARE BROTHERS . JERRY DICKMAN AND SCOTT DICKMAN ARE FATHER AND SON. ELLEN ADELSON AND JAMES ADELSON ARE MOTHER AND SON. PETER MEINIG AND NANCY MEINIG ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED BY AN INDEPENDENT CPA FIRM HIRED BY THE UNIVERSITY AND MEMBERS OF THE UNIVERSITY OF TULSA'S AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C IN THE ABSENCE OF FRAUD, NO CONTRACT OR OTHER TRANSACTION BETWEEN THE UNIVERSITY AND ANY OTHER CORPORATION, PARTNERSHIP, ENTITY OR PERSON (COLLECTIVELY CALLED "PERSON"), INCLUDING A TRUSTEE SHALL BE AFFECTED BY THE FACT THAT ONE OR MORE TRUSTEES OF THE UNIVERSITY ARE STOCKHOLDERS, PARTNERS, EMPLOYEES OR HAVE AN INTEREST IN SUCH PERSON. EACH TRUSTEE SHALL FORMALLY DISCLOSE TO THE PRESIDENT ANY INTEREST SUCH TRUSTEE HOLDS WHICH MAY GIVE RISE TO AN ACTUAL, APPARENT OR APPEARANCE OF CONFLICT OF INTEREST IN A TRANSACTION AFFECTING THE UNIVERSITY OR THE BOARD OF TRUSTEES, REGARDLESS OF WHETHER SUCH TRANSACTION IS SUBJECT TO APPROVAL BY THE BOARD OF TRUSTEES, AND SHALL ABSTAIN FROM ANY VOTE REGARDING ANY TRANSACTION INVOLVING SUCH ACTUAL OR APPARENT CONFLICT OF INTEREST. ONCE SUCH CONFLICT HAS BEEN FORMALLY DISCLOSED AND THE TRANSACTION APPROVED OR RATIFIED, WHETHER BY THE BOARD OF TRUSTEES OR BY OTHER APPROPRIATE PROCEDURE, NO TRUSTEE SHALL BE LIABLE TO ACCOUNT TO THE UNIVERSITY FOR ANY PROFIT REALIZED PERSONALLY FROM OR THROUGH ANY SUCH TRANSACTION OR CONTRACT OF THIS UNIVERSITY, SO RATIFIED OR APPROVED, BY REASON OF SUCH TRUSTEE'S INTEREST IN SUCH TRANSACTION OR CONTRACT. TRUSTEES SO INTERESTED MAY BE COUNTED WHEN PRESENT AT MEETINGS OF THE BOARD OF TRUSTEES OR OF SUCH COMMITTEE FOR THE PURPOSE OF DETERMINING THE EXISTENCE OF A QUORUM. FORM 990, PART VI, SECTION B, LINE 15A EACH YEAR THE HUMAN RESOURCE DEPARTMENT OF THE UNIVERSITY COMPLETES A COMPENSATION SURVEY PROJECT. INFORMATION IS GATHERED FROM THE COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION (CUPA) DATA. THIS COVERS DOCTORAL INSTITUTIONS AND THE UNIVERSITY'S PEER GROUP. OTHER NOTABLE SURVEYS USED BY THE UNIVERSITY ARE THE HEIT IT SURVEY FOR COLLEGES/UNIVERSITIES AND THE NCAA DIVISION I ATHLETIC SURVEY ALONG WITH VARIOUS STATE AND LOCAL SURVEYS. THIS INFORMATION IS PRESENTED ANNUALLY TO THE ADMINISTRATION. FORM 990, PART VI, SECTION C, LINE 19 (SCHEDULE C, LINE 19) THE UNIVERSITY PROVIDES THE FINANCIAL STATEMENTS OF THE UNIVERSITY OF TULSA ON THE UNIVERSITY'S WEBSITE. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 86,214,071. ADJUSTMENT FOR UNRECOGNIZED POSTRETIREMENT COSTS 682,750. ENDOWMENT DISTRIBUTIONS OF REALIZED GAINS 17,103,330. TOTAL TO FORM 990, PART XI, LINE 5: 104,000,151. FORM 990, PART XII, LINE 2C THE ORGANIZATION'S AUDIT COMMITTEE OF THE BOARD OF TRUSTEES IS CHARGED WITH THE FOLLOWING DUTIES: 1. RECOMMEND HIRING INDEPENDENT AUDITORS, COUNSEL, OR OTHER CONSULTANTS AS NECESSARY 2. REVIEW WITH MANAGEMENT THE POLICIES AND PROCEDURES WITH RESPECT TO OFFICERS, KEY EMPLOYEES, DISQUALIFIED PERSONS, EXPENSES ACCOUNTS, AND PERKS, INCLUDING EXCESS BENEFIT TRANSACTIONS 3. INQUIRE OF MANAGEMENT, THE INDEPENDENT AUDITORS AND CIO ABOUT SIGNIFICANT RISKS OR EXPOSURES FACING THE ORGANIZATION; ASSESS THE STEPS MANAGEMENT HAS TAKEN OR PROPOSES TO TAKE TO MINIMIZE SUCH RISKS TO THE UNIVERSITY AND PERIODICALLY CONDUCT REVIEWS 4. REVIEW WITH INDEPENDENT AUDITORS AND CIO THE ADEQUACY OF THE ORGANIZATION'S INTERNAL CONTROLS 5. REVIEW WITH INDEPENDENT AUDITOR THE ANNUAL AUDIT OF THE UNIVERSITY AND ALL CRITICAL ACCOUNTING POLICIES AND PRACTICES USED BY THE UNIVERSITY 6. REVIEW ALL MATERIAL WRITTEN COMMUNICATIONS BETWEEN THE INDEPENDENT AUDITORS AND MANAGEMENT. 7. REVIEW WITH MANAGEMENT AND INDEPENDENT AUDITORS: A. THE UNIVERSITY'S ANNUAL FINANCIAL STATEMENTS AND RELATED FOOTNOTES B. THE INDEPENDENT AUDITORS' AUDIT OF FINANCIAL STATEMENTS AND THEIR REPORT C. ANY SIGNIFICANT CHANGES REQUIRED IN THE INDEPENDENT AUDITORS' AUDIT PLAN D. THE UNIVERSITY'S FILING OF THE IRS FORM 990 8. PERIODICALLY REVIEW THE ORGANIZATION'S CODE OF CONDUCT/ETHICS TO ENSURE THAT IT IS ADEQUATE AND UP-TO-DATE. 9. REVIEW PROCEDURES FOR THE CONFIDENTIAL, ANONYMOUS SUBMISSION BY EMPLOYEES REGARDING QUESTIONABLE ACCOUNTING OR AUDITING MATTERS. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR FORM 990, PART IV, LINE 27 THE UNIVERSITY OF TULSA PROVIDES ACADEMIC SCHOLARSHIPS BASED ON THE APPLICANT'S MERITS. NO DISTINGUISHMENT IS MADE FOR APPLICANTS THAT HAVE AN EMPLOYMENT RELATIONSHIP WITH THE UNIVERSITY OR A FAMILY RELATIONSHIP WITH ITS EMPLOYEES, OFFICERS, DIRECTORS OR TRUSTEES OF THE UNIVERSITY. ON JULY 1, 2008, THE UNIVERSITY OF TULSA CONTRACTED WITH THE CITY OF TULSA TO MANAGE THE GILCREASE MUSEUM. THE GILCREASE MUSEUM MANAGEMENT TRUST WAS FORMED, APPLIED FOR AND WAS ACCEPTED AS AN EXEMPT 501(C)(3) ORGANIZATION BY THE INTERNAL REVENUE SERVICE ON 2/12/2008. THE UNIVERSITY OF TULSA REPORTS ITS FINANCIAL STATEMENTS ON A CONSOLIDATED BASIS THAT INCLUDES THE GILCREASE MUSEUM MANAGEMENT TRUST'S ACTIVITIES AS REQUIRED BY ACCOUNTING SERIES CODIFICATION 958-810-25. FOR IRS COMPLIANCE PURPOSES, THE UNIVERSITY OF TULSA'S FINANCIAL INFORMATION REPORTED ON FORM 990 DOES NOT INCLUDE THE GILCREASE MUSEUM MANAGEMENT TRUST'S FINANCIAL INFORMATION. THE GILCREASE MUSEUM MANAGEMENT TRUST FILES FORM 990 SEPARATELY FROM THE UNIVERSITY OF TULSA. THE OAK COMPANY 800 S TUCKER DRIVE TULSA OK 74104 202311693 REAL ESTATE OK 146886 UNIVERSITY OF TULSA THE GILCREASE MANAGEMENT TRUST 800 SOUTH TUCKER DRIVE TULSA OK 74104 262205415 MANAGEMENT OF THE GILCREASE MUSEUM OK 501(C)(3) 170(B)(1) (A)(VI) UNIVERSITY OF TULSA 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 0 THE GILCREASE MUSEUM MANAGEMENT TRUST K THE GILCREASE MUSEUM MANAGEMENT TRUST L THE GILCREASE MUSEUM MANAGEMENT TRUST Q 1000 THE GILCREASE MUSEUM MANAGEMENT TRUST M THE GILCREASE MUSEUM MANAGEMENT TRUST N