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      </LessCostOthBasisSalesExpenses>
      <GainOrLoss>
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      </GainOrLoss>
      <NetGainOrLossInvestments>
        <TotalRevenueColumn>251000</TotalRevenueColumn>
        <ExclusionAmount>251000</ExclusionAmount>
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      <NetIncomeFromFundraisingEvents>
        <TotalRevenueColumn>0</TotalRevenueColumn>
      </NetIncomeFromFundraisingEvents>
      <NetIncomeFromGaming>
        <TotalRevenueColumn>0</TotalRevenueColumn>
      </NetIncomeFromGaming>
      <NetIncomeOrLoss>
        <TotalRevenueColumn>0</TotalRevenueColumn>
      </NetIncomeOrLoss>
      <OtherRevenueMisc>
        <Description>MISCELLANEOUS INCOME</Description>
        <BusinessCode>611600</BusinessCode>
        <TotalRevenueColumn>205520</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>205520</RelatedOrExemptFunctionIncome>
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      <TotalOtherRevenue>205520</TotalOtherRevenue>
      <TotalRevenue>
        <TotalRevenueColumn>14491902</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>12293289</RelatedOrExemptFunctionIncome>
        <ExclusionAmount>543000</ExclusionAmount>
      </TotalRevenue>
      <GrantsToDomesticOrgs>
        <Total>0</Total>
      </GrantsToDomesticOrgs>
      <GrantsToDomesticIndividuals>
        <Total>1199759</Total>
        <ProgramServices>1199759</ProgramServices>
      </GrantsToDomesticIndividuals>
      <ForeignGrants>
        <Total>0</Total>
      </ForeignGrants>
      <BenefitsToMembers>
        <Total>0</Total>
      </BenefitsToMembers>
      <CompCurrentOfficersDirectors>
        <Total>252881</Total>
        <ProgramServices>189661</ProgramServices>
        <ManagementAndGeneral>50576</ManagementAndGeneral>
        <Fundraising>12644</Fundraising>
      </CompCurrentOfficersDirectors>
      <CompDisqualPersons>
        <Total>0</Total>
      </CompDisqualPersons>
      <OtherSalariesAndWages>
        <Total>7795329</Total>
        <ProgramServices>6050967</ProgramServices>
        <ManagementAndGeneral>1319365</ManagementAndGeneral>
        <Fundraising>424997</Fundraising>
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      <PensionPlanContributions>
        <Total>88029</Total>
        <ProgramServices>67224</ProgramServices>
        <ManagementAndGeneral>15928</ManagementAndGeneral>
        <Fundraising>4877</Fundraising>
      </PensionPlanContributions>
      <OtherEmployeeBenefits>
        <Total>745684</Total>
        <ProgramServices>469682</ProgramServices>
        <ManagementAndGeneral>241281</ManagementAndGeneral>
        <Fundraising>34721</Fundraising>
      </OtherEmployeeBenefits>
      <PayrollTaxes>
        <Total>393520</Total>
        <ProgramServices>295102</ProgramServices>
        <ManagementAndGeneral>70899</ManagementAndGeneral>
        <Fundraising>27519</Fundraising>
      </PayrollTaxes>
      <FeesForServicesManagement>
        <Total>86874</Total>
        <ManagementAndGeneral>86874</ManagementAndGeneral>
      </FeesForServicesManagement>
      <FeesForServicesLegal>
        <Total>0</Total>
      </FeesForServicesLegal>
      <FeesForServicesAccounting>
        <Total>83560</Total>
        <ManagementAndGeneral>83560</ManagementAndGeneral>
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      <FeesForServicesLobbying>
        <Total>0</Total>
      </FeesForServicesLobbying>
      <FeesForServicesProfFundraising>
        <Total>0</Total>
      </FeesForServicesProfFundraising>
      <FeesForServicesInvstMgmntFees>
        <Total>0</Total>
      </FeesForServicesInvstMgmntFees>
      <FeesForServicesOther>
        <Total>375087</Total>
        <ProgramServices>322663</ProgramServices>
        <ManagementAndGeneral>50237</ManagementAndGeneral>
        <Fundraising>2187</Fundraising>
      </FeesForServicesOther>
      <Advertising>
        <Total>406902</Total>
        <ProgramServices>162438</ProgramServices>
        <ManagementAndGeneral>163444</ManagementAndGeneral>
        <Fundraising>81020</Fundraising>
      </Advertising>
      <OfficeExpenses>
        <Total>248598</Total>
        <ProgramServices>137730</ProgramServices>
        <ManagementAndGeneral>79247</ManagementAndGeneral>
        <Fundraising>31621</Fundraising>
      </OfficeExpenses>
      <InformationTechnology>
        <Total>221636</Total>
        <ManagementAndGeneral>221636</ManagementAndGeneral>
      </InformationTechnology>
      <Royalties>
        <Total>0</Total>
      </Royalties>
      <Occupancy>
        <Total>0</Total>
      </Occupancy>
      <Travel>
        <Total>254768</Total>
        <ProgramServices>201753</ProgramServices>
        <ManagementAndGeneral>12633</ManagementAndGeneral>
        <Fundraising>40382</Fundraising>
      </Travel>
      <TravelEntrtnmntPublicOfficials>
        <Total>0</Total>
      </TravelEntrtnmntPublicOfficials>
      <ConferencesMeetings>
        <Total>21796</Total>
        <ProgramServices>12223</ProgramServices>
        <ManagementAndGeneral>6376</ManagementAndGeneral>
        <Fundraising>3197</Fundraising>
      </ConferencesMeetings>
      <Interest>
        <Total>134027</Total>
        <ProgramServices>134027</ProgramServices>
      </Interest>
      <PaymentsToAffiliates>
        <Total>0</Total>
      </PaymentsToAffiliates>
      <DepreciationDepletion>
        <Total>781138</Total>
        <ProgramServices>691048</ProgramServices>
        <ManagementAndGeneral>74466</ManagementAndGeneral>
        <Fundraising>15624</Fundraising>
      </DepreciationDepletion>
      <Insurance>
        <Total>194237</Total>
        <ProgramServices>12508</ProgramServices>
        <ManagementAndGeneral>181729</ManagementAndGeneral>
      </Insurance>
      <OtherExpenses>
        <Description>OPERATION OF PLANT</Description>
        <Total>1001800</Total>
        <ProgramServices>896025</ProgramServices>
        <ManagementAndGeneral>55685</ManagementAndGeneral>
        <Fundraising>50090</Fundraising>
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      <OtherExpenses>
        <Description>MISCELLANEOUS EXPENSE</Description>
        <Total>92042</Total>
        <ProgramServices>62591</ProgramServices>
        <ManagementAndGeneral>21334</ManagementAndGeneral>
        <Fundraising>8117</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>LIBRARY EQUIPMENT &amp; MATERIALS</Description>
        <Total>94086</Total>
        <ProgramServices>94086</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>COURSE EXPENSE</Description>
        <Total>223856</Total>
        <ProgramServices>223856</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>BOARDER FOOD COSTS</Description>
        <Total>628248</Total>
        <ProgramServices>628248</ProgramServices>
      </OtherExpenses>
      <AllOtherExpenses>
        <Total>108992</Total>
        <ProgramServices>36442</ProgramServices>
        <ManagementAndGeneral>69575</ManagementAndGeneral>
        <Fundraising>2975</Fundraising>
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      <TotalFunctionalExpenses>
        <Total>15432849</Total>
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        <Fundraising>739971</Fundraising>
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        <EOY>58000</EOY>
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      <InventoriesForSaleOrUse>
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      <LandBuildingsEquipmentBasisNet>
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      <InvestmentsOtherSecurities>
        <EOY>0</EOY>
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      <InvestmentsProgramRelated>
        <EOY>0</EOY>
      </InvestmentsProgramRelated>
      <IntangibleAssets>
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      <TotalLiabilities>
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        <BOY>8799925</BOY>
        <EOY>9120175</EOY>
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        <BOY>22372351</BOY>
        <EOY>22357547</EOY>
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      <TotalLiabNetAssetsFundBalances>
        <BOY>29139184</BOY>
        <EOY>29209031</EOY>
      </TotalLiabNetAssetsFundBalances>
      <InfoInScheduleOPartXI>X</InfoInScheduleOPartXI>
      <ReconcilationRevenueExpenses>-940947</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>926143</ReconcilationOtherChanges>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <AuditCommittee>true</AuditCommittee>
      <FinancialStatementSeparate>X</FinancialStatementSeparate>
      <FederalGrantAuditRequired>true</FederalGrantAuditRequired>
      <FederalGrantAuditPerformed>true</FederalGrantAuditPerformed>
    </IRS990>
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      <School170b1Aii>X</School170b1Aii>
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      <ContributorInfo>
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        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
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        <AggregateContributions>RESTRICTED</AggregateContributions>
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      <EndingBalance>21100</EndingBalance>
      <IncludedOnFS>false</IncludedOnFS>
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        <Contributions>174301</Contributions>
        <InvestmentEarningsOrLosses>577707</InvestmentEarningsOrLosses>
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        <EndOfYearBalance>6594308</EndOfYearBalance>
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        <Contributions>84557</Contributions>
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        <Contributions>81107</Contributions>
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      <EndowmentsHeldByUnrelatedOrgs>false</EndowmentsHeldByUnrelatedOrgs>
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        <BookValue>11583000</BookValue>
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        <Depreciation>5850841</Depreciation>
        <BookValue>851100</BookValue>
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        <BookValue>591160</BookValue>
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      <OtherLiabilities>
        <Description>LIABILITY UNDER SPLIT-INTEREST AGREEMENT</Description>
        <Amount>1452682</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>DEPOSITS</Description>
        <Amount>217693</Amount>
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      <OtherLiabilities>
        <Description>CAPITAL LEASES PAYABLE</Description>
        <Amount>182554</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>ACTUARIAL LIABILITY FOR ANNUITIES</Description>
        <Amount>2174844</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>4027773</TotalOfAmounts>
      <TotalRevenue>14491902</TotalRevenue>
      <TotalExpenses>15432849</TotalExpenses>
      <ExcessOrDeficitForYear>-940947</ExcessOrDeficitForYear>
      <NetUnrealizedGLOnInvestments>154000</NetUnrealizedGLOnInvestments>
      <DonatedServicesAndFacilities>10933</DonatedServicesAndFacilities>
      <OtherAmount>761210</OtherAmount>
      <TotalAdjustments>926143</TotalAdjustments>
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      <TotRevenueEtcAuditedFinclStmt>15418045</TotRevenueEtcAuditedFinclStmt>
      <NetUnrealizedGainsInvestments>915210</NetUnrealizedGainsInvestments>
      <DonatedSrvcAndUseOfFacilities>10933</DonatedSrvcAndUseOfFacilities>
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      <DonatedServicesUseOfFacilities>10933</DonatedServicesUseOfFacilities>
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        <Identifier>Part X</Identifier>
        <ReturnReference>Part X : FIN48 Footnote</ReturnReference>
        <Explanation>Pursuant to FSP FIN 48-3, management has elected to defer the application of Topic 740-10 - Accounting for Uncertainty in Income Taxes to fiscal years beginning after December 15, 2008. The College evaluates uncertain tax positions in accordance with FASB Statement No. 5, Accounting for Contingencies whereby the effect of the uncertainty would be recorded if the outcome was considered probable and reasonably estimable. As of June 30, 2011 and 2010, the College had no uncertain tax positions requiring accrual.</Explanation>
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        <Identifier>Part XI, Line 8</Identifier>
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      <Form990ScheduleDPartXIV>
        <Identifier>Part V, Line 4</Identifier>
        <ReturnReference>Part V, Line 4: Intended uses of the endowment fund.</ReturnReference>
        <Explanation>TO PROVIDE SCHOLARSHIPS PER DONOR INSTRUCTIONS.</Explanation>
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        <Identifier>Part IV, Line 1b</Identifier>
        <ReturnReference>Part IV, Line 1b: Why is organization an agent, trustee, custodian or other intermediary for contrib</ReturnReference>
        <Explanation>STUDENT GOVERNMENT FUNDS HELD IN AGENCY ARRANGEMENT. WE ASSIST OUR STUGO BY PROVIDING A/P &amp; A/R FUNCTIONS, AT THEIR DIRECTION</Explanation>
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      <MaintRacialCompositionRecords>true</MaintRacialCompositionRecords>
      <MaintScholarshipsRecords>true</MaintScholarshipsRecords>
      <MaintCopiesOfBrochuresEtc>true</MaintCopiesOfBrochuresEtc>
      <MaintCopiesOfAllSolicitations>true</MaintCopiesOfAllSolicitations>
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      <DiscriminateRaceEmplmnFaculty>false</DiscriminateRaceEmplmnFaculty>
      <DiscriminateRaceScholarships>false</DiscriminateRaceScholarships>
      <DiscriminateRaceEducPolicies>false</DiscriminateRaceEducPolicies>
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      <DiscriminateRaceAthleticProg>false</DiscriminateRaceAthleticProg>
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      <GovernmentFinancialAidReceived>true</GovernmentFinancialAidReceived>
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        <Explanation>In accordance with federal non-discrimination regulations, and by common agreement among all OAICU (Oregon Alliance of Independent Colleges &amp; Universities) institutions, an annual public notice was run in The Oregonian (Regional Newspaper) on September 15, 2010.</Explanation>
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      <TotalNbrOfOtherOrganizations>0</TotalNbrOfOtherOrganizations>
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        <NumberOfRecipients>483</NumberOfRecipients>
        <AmountOfCashGrant>970858</AmountOfCashGrant>
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        <AmountOfCashGrant>101673</AmountOfCashGrant>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIV>
        <Identifier>Additional Supplemental Information</Identifier>
        <Explanation>GRANT QUALIFICATIONS: STUDENTS RECEIVING SCHOLARSHIPS AND FELLOWSHIPS ARE JUDGED WORTHY BY THE COLLEGE'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED, AND OTHER SIMILIAR STANDARDS.</Explanation>
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      <SupplementalNonqualRetirePlan>false</SupplementalNonqualRetirePlan>
      <EquityBasedCompArrangement>false</EquityBasedCompArrangement>
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        <ReturnReference>Part I, Line 1a: Relevant information in regards to selections on 1a.</ReturnReference>
        <Explanation>CLERGY HOUSING ALLOWANCES ARE SUBMITTED TO THE BOARD BY QUALIFYING FACULTY/STAFF WHO ARE ORDAINED MINISTERS. THE PRESIDENT AND CFO OF MULTNOMAH UNIVERSITY ARE BOTH ORDAINED, AND DO SUBMIT AN ANNUAL REQUEST TO THE BOARD TO DESIGNATE A PORTION OF THEIR RESPECTIVE COMPENSATION AS A CLERGY HOUSING ALLOWANCE.</Explanation>
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      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 19</Identifier>
        <ReturnReference>Form 990, Part VI, Line 19: Other Organization Documents Publicly Available</ReturnReference>
        <Explanation>PROVIDED ON REQUEST FROM PRESIDENT'S OFFICE.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 15b</Identifier>
        <ReturnReference>Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees</ReturnReference>
        <Explanation>COMPENSATION OF ALL OFFICERS AND KEY EMPLOYEES ARE REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD, AND COMPARED TO CURRENT CUPA RANGES FOR EACH INDIVIDUAL.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 12c</Identifier>
        <ReturnReference>Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts</ReturnReference>
        <Explanation>ALL DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A QUESTIONNAIRE, THEN SIGN AN ANNUAL FORM STATING THAT THEY HAVE REVIEWED THE CONFLICT OF INTEREST POLICY AND HAVE DISCLOSED ANY CONFLICT THEY MAY HAVE. THESE FORMS ARE REVIEWED FOR ACCURACY AND COMPLETION, AND ARE RETAINED BY THE NOMINATING AND MEMBERSHIP COMMITTEE OF THE BOARD.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 11</Identifier>
        <ReturnReference>Form 990, Part VI, Line 11: Form 990 Review Process</ReturnReference>
        <Explanation>FORM 99O SUBMITTED TO THE FINANCE COMMITTEE OF THE BOARD FOR DISCUSSION AND REVIEW, THEN PROVIDED TO EXECUTIVE COMMITTE OF THE BOARD FOR REVIEW AND APPROVAL PRIOR TO FILING. IN ADDITION, ALL BOARD MEMBERS ARE PROVIDED A PDF OF THE FORM 990 PRIOR TO FILING.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>