2012-05-11T13:21:41-07:00 2011-06-30 990 2010-07-01 870212470 Westminster College WEST 8018322139 1840 South 1300 East Salt Lake City UT 84105 Sydney Tervort 2012-05-11 2010 2016-02-24 21:20:13Z Michael Bassis 1840 S 1300 E Salt Lake City UT 84015 113436778 false false X www.westminstercollege.edu X 1886 UT Westminster College is a private comprehensive liberal arts college in Salt Lake City, UT offering undergraduate and graduate degrees in liberal arts and professional programs. 32 31 1609 31 0 11875697 5753423 72411418 79670467 6322725 9689348 394585 480764 91004425 95594002 21479148 25215100 0 35291035 37638478 0 2092646 21109506 22918080 77879689 85771658 13124736 9822344 185565525 187732559 60926882 53271572 124638643 134460987 We are a community of learners with a long and honored tradition of caring deeply about students and their education. Students are challenged to experiment with ideas, raise questions, critically examine alternatives, and make informed decisions. We encourage students to accept responsibility for their own learning, to discover and pursue their passions, and to act with responsibility. Our purposes are to prepare students to lead lives of learning, accomplishment, and service, and to help them develop skills and attributes critical for success in a rapidly changing world. We do this by offering distinctive academic programs that emphasize theory and practice and encourage active, experiential, collaborative, and cross-disciplinary learning. We work to pursue excellence while promoting inclusiveness and respect for differences. false false 69760752 25139880 79670467 Instruction: 2,283 FTE students in undergraduate programs 747 FTE students in graduate programs 896 students graduated in the 2010-2011 academic year 69760752 true true false true false false true true false true true true false false true true true false true true true false true false true false false false true true true false false false false false false false true true false true true false false false true false false false false true 149 0 true 1609 true false false false false false false false false true true false 0 false false false false false false false false false false false X 32 31 false false false false false false false true true false false false true true true true true true true true false false UT X Sydney Tervort 8018322133 1840 South 1300 East Salt Lake City UT 84105 W Curtis Ryan 40.00 X 174884 0 28790 W Carter Stinton 1.60 X 0 0 0 Thomas Fey 1.60 X 0 0 0 Thomas A Ellison Esq 1.60 X 0 0 0 Susan Glasmann 1.60 X 0 0 0 Stephen Morgan 40.00 X 243413 0 37643 Robert J Frankenberg 1.60 X 0 0 0 Robert Garda 1.60 X 0 0 0 Richard Chapman 40.00 X 142050 0 19895 R Anthony Sweet 1.60 X 0 0 0 Peter D Meldrum 1.60 X 0 0 0 Pat Richards 1.60 X 0 0 0 O Wood Moyle IV 1.60 X 0 0 0 Noreen Rouillard 1.60 X 0 0 0 Michael Bills 1.60 X 0 0 0 Michael Bassis 40.00 X X 489376 0 36643 Mary Jane Chase 40.00 X 135741 0 23277 Martha Felt Barton 1.60 X 0 0 0 Kim T Adamson 1.60 X 0 0 0 Judith Billings 1.60 X 0 0 0 John Groesbeck 40.00 X 167097 0 26378 Joel Bauman 40.00 X 167170 0 27915 Jerry Van Os 40.00 X 138969 0 11315 Jeff Nelson 1.60 X 0 0 0 Jeanne Ambruster 1.60 X 0 0 0 James Stimpson 40.00 X 153289 0 26085 James Seidelman 40.00 X 246505 0 33068 James R Clark 1.60 X 0 0 0 Hank Hemingway 1.60 X 0 0 0 Gretchen Anderson 1.60 X 0 0 0 Greg Winegardner 1.60 X 0 0 0 George White 40.00 X 137809 0 24558 ER Zeke Dumke III 1.60 X 0 0 0 David E Simmons 1.60 X 0 0 0 Dale Miller 1.60 X 0 0 0 Curt P Crowther 1.60 X 0 0 0 Colleen Kearns McCann 1.60 X 0 0 0 Clark P Giles 1.60 X 0 0 0 Bing L Fang 1.60 X 0 0 0 Bill Orchow 1.60 X 0 0 0 Annalisa Steggell-Holcombe 40.00 X 83171 0 17288 Andrew Harding 1.60 X 0 0 0 Alvin Richer 1.60 X 0 0 0 2279474 312855 35 false true false Oldaker Belair Wittie LLP LL818 Connecticut Ave NW Washington DC 20006 Consulting 105788 Grant Thornton 175 West Jackson 20th Floor Chicago IL 60604 Audit services 103110 American Mechanical Systems Service 556 West 8360 South Sandy UT 84070 Maintenance/repair 427708 3 94132 1486421 4172870 3750669 5753423 Tuition and Fees 75511533 75511533 Auxiliary enterprises 4158934 4158934 79670467 771626 771626 93341 93341 1706 1706 0 26522946 17698565 8824381 8824381 8824381 141078 94132 144211 -3133 -3133 0 0 Other Revenue 107362 107362 Interest-Accts Receivable 525990 152469 152469 Commissions 611710 191886 191886 30474 30474 482191 95594002 80152658 9687921 0 25139880 25139880 75220 75220 0 1594810 536041 821548 237221 0 27066975 22274103 3686501 1106371 2137275 1630128 373115 134032 4840658 3442580 1067495 330583 1998760 1606376 303261 89123 0 104312 104312 93895 93895 52500 52500 0 0 1399120 693324 681867 23929 325516 310361 14655 500 2391724 2026327 283002 82395 1469950 1178944 290796 210 7038 7038 1572130 116100 1456030 2735082 2649139 55926 30017 0 116093 98314 15347 2432 2342749 1719242 623507 0 3544927 2601468 943459 733220 248776 484444 Misc other 2232320 957700 1258553 16067 Memberships/Subscriptions 323827 212366 92813 18648 Food 2211838 2010013 180707 21118 Campus Repair & Maint. 883047 224734 658313 Bad Debt Expense 223140 223140 155652 2578 153074 85771658 69760752 13918260 2092646 0 18923946 16221241 10672163 5512514 2718877 1723231 0 0 4064113 4106150 0 531001 519431 128531208 35972987 91065093 92558221 0 57590332 67091771 0 0 0 185565525 187732559 7514303 6968458 2459346 2848464 32360000 31375000 16299272 9827089 2293961 2252561 60926882 53271572 X 59065681 66705430 21270240 21012980 44302722 46742577 124638643 134460987 185565525 187732559 9822344 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 52500 false false 52500 false false X X 2 1 1 2 1 false true 634570 X X X false 51491292 466534 8968850 -917403 -1063862 58945411 46849346 1402238 5149824 -925759 -984357 51491292 63615040 398119 -15148357 -904390 -1111066 46849346 0.02000 0.20000 0.78000 true false false 2577798 2577798 102471880 19240368 83231512 2519452 1183567 1335885 12551054 9523942 3027112 8411024 6025110 2385914 92558221 67091771 U.S. government grants refundable - gov 2003044 Funds held on deposit for others 249517 2252561 95594002 85771658 9822344 9822344 95594002 95594002 95594002 85771658 85771658 85771658 Part X Part X : FIN48 Footnote Income tax status: The College is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code; accordingly, no provision for income taxes is made in the financial statements.At July 1, 2007, the College applied ASC 740, Income Taxes - Accounting for Uncertain Tax Positions, to all tax positions for which the statute of limitations remained open and determined there were no material unrecognized tax benefits as of that date. In addition, there have been no material changes in unrecognized benefits since July 1, 2007, nor was there a material effect during the current year nor is it expected that there will be a material change in the next 12 months. Part V, Line 4 Part V, Line 4: Intended uses of the endowment fund. Theintended use of endowment funds is to provide scholarships to students and support the activities of the College through distribution of earnings to the operating fund in a manner consistent with donor restrictions. Part III, Line 4 Part III, Line 4: Description of organization's collections and how it furthers its purpose. The college received donations of collection and works of art. These collections further the college's exempt purpose by enhancing the educational experience for the students by using them for discussions and research in the classroom as wells as for public exhibition. Part II, Line 9 Part II, Line 9: Organization Reporting of conservation easements. Westminster College obtained the easements as part of a purchase agreement with the City of Salt Lake recorded on March 10, 2011. The easements are on approximately 1 acre of the total 4.6 acres. Because the easements were part of the purchase, we do not separately account for them in the financial statements or footnotes. true true true true true true true false false false false false false false false true false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized Westminster College of Salt Lake City administers all educational programs, related support services, and benefits in a manner which does not discriminate against students or prospective students with regard to race, color, religion, gender, sexual orientation, age, national or ethnic origin, disability, or a person's status as a veteran.The admissions application, scholarship application, academic catalog, class schedules and all other materials sent to prospective students and members of the general community served by the College include the College's statement as noted above. Westminster College complies with federal and state non-discrimination laws and will not discriminate in admission and financial aid against any person because of race, color, religion, gender, sexual orientation, age, national or ethnic origin, disability, or a person's status as a veteran. Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency Westminster College participates in various financial assistance programs as authorized by Title IV of the Higher Education Act of 1965 and administered by the U.S. Department of Education. true South America 0 0 Program Services Academic Support 28000 South America 0 0 Program Services Instruction 5000 South America 0 0 Program Services Undergraduate Trip 69000 South America 0 0 Program Services Graduate Trip 118000 Sub-Saharan Africa 0 0 Program Services Graduate Trip 168000 North America 0 0 Program Services Student Services 2000 North America 0 0 Program Services Academic Support 2000 North America 0 0 Program Services Graduate Trip 50000 North America 0 0 Grantmaking Study Abroad 35000 Central America & Caribbe 0 0 Program Services Graduate Trip 48000 Europe 0 0 Program Services Student Services 4000 Europe 0 0 Program Services Academic Support 11000 Europe 0 0 Program Services Undergraduate Trip 216000 Europe 0 0 Program Services Graduate Trip 260000 Europe 0 0 Grantmaking Study Abroad 23000 South Asia 0 0 Program Services Undergraduate Trip 77000 East Asia & the Pacific 0 1 Program Services Student Services 11000 East Asia & the Pacific 0 0 Program Services Academic Support 36000 East Asia & the Pacific 0 0 Program Services Instruction 29000 East Asia & the Pacific 0 0 Program Services Undergraduate trip 168000 East Asia & the Pacific 0 0 Program Services Graduate Trip 165000 East Asia & the Pacific 0 0 Grantmaking Study Abrroad 17000 1 1 1154000 388000 1542000 X Institutional Scholarships North America 2 34815 Student Account N/A Book Institutional Scholarships Europe 2 23280 Student Account N/A Book Institutional Scholarships East Asia & the Paci 1 17125 Student Account N/A Book false false false false false false Grantmaker's Description of How Grants are Used in Foreign Country The costs of providing the college's various programs and other supporting services, including foreign transactions, have been summarized on a functional basis in the statements of activities. Accordingly, certain costs have been allocated among the programs and supporting services. We are not required to show foreign transactions separately for financial statement reporting purposes. The method used to account for the total expenditures by region included an evaluation of all expenses that included a cross border transaction fee and an accumulation of total expenditures related to undergraduate and graduate academic/international trips. Additional Supplemental Information Part III, column (a)The College pays grants or assistance to students on the first day of classes for each respective semester. To determine the residential status at the time the grant is paid, the College compares the first day of classes for both institutions. The student is considered to be a "foreign individual" within one week of the start of classes at the foreign institution. false Scholarship Gala 2010 220157 79932 140225 96310 22133 22917 Scholarship Gala 2011 15053 14200 853 117 2734 235210 94132 141078 96310 22250 25651 144211 -3133 true X 0 0 UHEAA 1 1400 Book Value UCOPE 23 21500 Book Value TEACH 3 10000 Book Value Smart Grant 15 54000 Book Value SEOG 226 275237 Book Value LEAP (SSIG) 25 32700 Book Value Institutional Scholarships 2152 23127314 Book Value Endowed Scholarships 404 964104 Book Value Annual Scholarships 184 521912 Book Value AC Grant 164 131713 Book Value Grantmaker's Description of How Grants are Used The college reports are regularly reviewed to be certain funds are used for proper purposes. Federal grant reporting and reconciliation occurs monthly and during the yearly A-133 audit. Awarding practices are reviewedforcompliance with federal regulations. Students are reviewed yearly for continued and new fund eligibility to be sure academic standards and other grant-specific criteria have been met. X X X X X false true false false false false false false false false W Curtis Ryan 174344 540 28790 203674 Stephen Morgan 230585 12828 37643 281056 Richard Chapman 126362 15688 19895 161945 Michael Bassis 314796 172933 1647 36643 526019 Mary Jane Chase 135741 23277 159018 John Groesbeck 166557 540 26378 193475 Joel Bauman 166630 540 27915 195085 Jerry Van Os 136869 2100 11315 150284 James Stimpson 153289 26085 179374 James Seidelman 231853 14652 33068 279573 George White 137809 24558 162367 Salt Lake County Utah 876000316 79567PDG5 2007-04-10 18270000 To advance refund the callable college revenue bonds false false false Salt Lake County Utah 876000316 79567PCS0 2005-05-10 16715000 To finance construction projects and debt service reserve false false false 18270000 1611450 15752862 14670 2549541 false true true true 16715000 193859 8280000 51762 8267906 true false true true false false false false false true false false false false false true false false false NA false NA false false true false false false NA false NA false false true Mary Bassis Family - President 35190 Special Asst to the Board false X 1 2000 Cost X 2524 Cost X 11994 Cost X 14 1365586 Market value X 1 2214000 Market value X Instr/Program 7 20478 Cost X Advertising 2 14000 Cost X Basket items 124 120086 Cost false true false Schedule D, Part V, Line 2 a-c The numbers reflected in the Form 990 Schedule D, Part V, Line 2 a-c are the percentages related to the End of Year Endowment funds balance prior to the reclassification entry for the College's underwater endowments ($286,992 in 2011, $1,178,043 loss in 2010 moved from term to unrestricted endowment funds). The percentages from the audited financial statements would be as follows:2011 2010 1% 0% Board designated or quasi-endowment78% 84% Permanent endowment21% 16% Term endowment Form 990, Part V, Line 7h The College did not receive any contributions of cars, boats, airplanes, and other vehicles and thus was not required to disclose on Form 1098-C. Form 990, Part V, Line 7g The College did not receive any contributions of intellectual property and thus was not required to file Form 8899. Form 990, Part I, Line 4 Non-independent Trustees:1. President Michael Bassis is both an officer and trustee for Westminster College. Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The following records of Westminster College are available for public inspection and copying, upon request:*Exemption Letter*Audited Financial Statements with A133 for the three fiscal years prior to the date of the request*Tax filings Form 990 and 990T for the three fiscal years prior to the date of the requestTo make a request to inspect and/or acquire a copy of these records, contact the Managing Director of Financial Affairs, Office of Administrative Services, at 801-832-2133. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The Compensation Committee of the Board of Trustees of Westminster College is responsible for reviewing and making recommendations to the Board of Trustees regarding the terms of contract with the President and the President's compensation, conducting an annual evaluation of the President, and overseeing compensation for the provost, vice presidents, staff who report directly to the President, and covered employees for fairness, effectiveness, and reasonableness. 1.In forming a recommendation regarding the President's compensation, the Committee will rely on comparability data, such as the compensation paid to Presidents and executive officers by similar institutions. This data may include compensation studies by independent organizations, written job offers for positions at similar organizations, and information obtained from the IRS Form 990 filings of similar organizations.2.The Committee shall fully disclose the proposed employment contract for the President, including its recommendation for compensation and all material financial terms, to the full Board of Trustees for approval.3.Concurrent with its recommendation regarding compensation, the Committee shall provide an annual report to the Board regarding its evaluation of the President's performance.4.The President will present to the Committee his or her report on compensation for the provost, vice presidents, staff who report directly to the President, and any covered employee, including comparability data and performance information. 5.The Committee will take and keep minutes that document how it formed its recommendations and approval decisions. The minutes will include the following:a.The terms of the compensation and the date it was approved;b.The members of the Committee who were present during the Committee meetings and who voted on the recommendation; andc.The comparability data obtained and reviewed and the source of the data. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Process of Identification: The Secretary of the Board will collect Statements of Disclosure from all trustees, officers, and key employees each year at the first Board meeting of the College's fiscal year and from all new trustees, officers, and key employees at the time of their appointment. The Audit Committee will review each Statement of Disclosure for actual or potential conflicts of interest, including, but not limited to, the following factors:*Solicitation or acceptance of gifts, gratuities, free travel, or other items of value that could create the appearance of a conflict or an expectation of special treatment in College matters;*Incidents of abuse or misuse of an individual's position for personal or third-party gain or benefit;*Use of the College's staff, services, equipment, materials, resources, or property for personal or third party gain, or representing to third parties that one's authority as a trustee, officer, volunteer, or key employee is more extensive than it is in actuality;*Situations where a trustee, officer, or key employee may be divided between personal interests or the interests of another organization and the best interests of the College;*Engagement in business, professional conduct, or other activities that may be directly or indirectly adverse to the interests of the College; and,*Any arrangements in which a trustee, officer, or key employee provides goods or services to the College as a paid vendor or outside service-provider.The Audit Committee may request additional information from any trustee, officer, or key employee at any time. While an individual's relationships or activities are under review, the individual may not deliberate, debate, or vote until a determination is made.Resolution: When the Audit Committee or the Board of Trustees identifies an actual, potential, or apparent conflict of interest, it may take one of the following actions to resolve such conflict:*Waive the conflict of interest as unlikely to affect the trustee's, officer's, volunteer's or key employee's ability to act in the best interests of the College;*Recuse the individual trustee, officer, volunteer, or key employee from deliberation or decision-making related to the specific matter giving rise to the conflict. *Request the resignation of the trustee, officer, volunteer or key employee from his or her service or position at the College because the conflict of interest is so pervasive that it is likely the trustee, officer or key employee would be unable to act solely in the best interests of the College.The Board of Trustees has final authority over the resolution of all conflicts of interest involving a trustee, officer, or key employee and may overrule any decision of the Audit Committee and the Audit Committee may refer any conflict of issue matter to the Board at any time. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process The Westminster College (the "College") tax return is completed by the Director of Budget, and reviewed by the Managing Director of Financial Affairs and the VP of Finance and Administration. Once completed, the documents are reviewed by the Audit Committee and submitted electronically to the full board of trustees. Once the trustees have reviewed - the return is transmitted electronically to the IRS. Bill and Vieve Gore Endowment Fund 1840 South 1300 East Salt Lake City UT 841053617 876213067 Endowment earnings to Westminster College of Salt Lake City UT 501(c)(3) 509(a)(3)Type I N/A false false false false false false false false false false false false false false false false false false true Bill and Vieve Gore Endowment Fund r 658213 End spend rate