2012-05-01T09:00:08-05:00 2011-06-30 CROWE HORWATH LLP 10 West Broad Street Suite 1700 Columbus OH 432153713 990 2010-07-01 314379532 OTTERBEIN UNIVERSITY OTTE 6148231354 1 South Grove Street Westerville OH 43081 REBECCA VAZQUEZ-SKILLINGS 2012-04-02 true 6144690001 2010 2016-02-24 21:20:13Z REBECCA VAZQUEZ-SKILLINGS 1 South Grove Street Westerville OH 43081 122426327 false X WWW.OTTERBEIN.EDU X 1847 OH OTTERBEIN UNIVERSITY IS A PRIVATE, CHURCH-RELATED, COEDUCATIONAL UNIVERSITY THAT SPONSORS TRADITIONAL AND CONTINUING EDUCATION PROGRAMS OF LIBERAL ARTS AND PROFESSIONAL EDUCATION. 24 20 1902 21 18021 0 6088032 3472104 77921274 82452044 1507023 5939530 229832 515354 85746161 92379032 26250216 28398866 0 0 35706646 35797547 0 35000 1731182 22546298 22781953 84503160 87013366 1243001 5365666 192531693 205631736 55126331 53448530 137405362 152183206 X THE MISSION OF OTTERBEIN UNIVERSITY IS TO EDUCATE THE WHOLE PERSON IN A CONTEXT THAT FOSTERS THE DEVELOPMENT OF HUMANE VALUES (CONTINUED ON SCHEDULE O). false false 76957281 28398866 82865205 OTTERBEIN UNIVERSITY'S COMMITMENT IS TO THE LIBERAL ARTS AS THE BASE OF ALL LEARNING. THREE FEATURES CREATE A DISTINCTIVE LEARNING CULTURE: 1) FROM OUR FOUNDING OTTERBEIN HAS BEEN INTENTIONALLY INCLUSIVE OF WOMEN AND PERSONS OF COLOR; 2) OTTERBEIN'S GOVERNANCE SYSTEM INCLUDES STUDENTS AND FACULTY IN DECISION-MAKING THROUGH A SINGLE COLLEGE SENATE; AND 3) INTERDISCIPLINARY EXPERIENCES THROUGH INTEGRATIVE STUDIES (STUDY OF WORLD CULTURE TO UNDERSTAND HUMAN NATURE AND OUR PLACE IN THE UNIVERSE) AND THE SENIOR YEAR EXPERIENCE (CONNECTING MAJORS TO AN INTERDISCIPLINARY EXPERIENCE). THE AUTUMN TERM ENROLLMENT FOR 2010-2011 WAS 3,095, CONSISTING OF 2,674 UNDERGRADUATE STUDENTS AND 421 GRADUATE STUDENTS. 577 STUDENTS RECEIVED BACHELORS DEGREES AND 146 RECEIVED MASTERS DEGREES IN 2010-2011. THE UNIVERSITY BELIEVES THAT LIVING ON CAMPUS SUPPORTS THE MISSION OF EDUCATING THE WHOLE PERSON BY PROVIDING STUDENTS WITH OPPORTUNITIES TO BUILD RELATIONSHIPS WITH PEOPLE FROM DIVERSE BACKGROUNDS AND TO ACTIVELY PARTICIPATE IN CAMPUS LIFE. (CONTINUED IN SCHEDULE O). 76957281 true true false false false false false false true true false false false true true true false true true true false true true true false false true true true true false false false false false false true false false false false false false false false true false false false false true 3543 0 1902 true true true false false false false false true 8 false false false X 24 20 false false false false false false false true true false false true true true true true true false false false X Anne Krieger 6148231040 1 South Grove St Westerville OH 430812006 LARRY C BROWN 2 X 0 0 0 TROY A BURTON 2 X 0 0 0 WILLIAM L EVANS 2 X X 0 0 0 MARY F HALL 2 X 0 0 0 WILLIAM E HARRELL JR 2 X X 0 0 0 CHERYL L HERBERT 2 X 0 0 0 NICHOLAS A HILL 50 X 81874 0 13183 JOHN T HUSTON 2 X X 0 0 0 JOSEPH IGNAT 2 X 0 0 0 CHRISTOPHER KAISER 2 X 0 0 0 JOHN E KING 2 X 0 0 0 JOHN W MAGAW 2 X 0 0 0 THOMAS C MORRISON 2 X X 0 0 0 PEGGY M RUHLIN 2 X X 0 0 0 BARBARA SCHAFFNER 50 X 106135 0 35157 KENT D STUCKEY 2 X 0 0 0 MARK R THRESHER 2 X 0 0 0 ANNIE UPPER 2 X 0 0 0 AL WATERHOUSE 2 X 0 0 0 ALEC WIGHTMAN 2 X 0 0 0 KATHY A KRENDL 50 X X 296673 0 60062 ABIODUN GOKE-PARIOLA 50 X 155382 0 26125 ROBERT M GATTI 50 X 141098 0 28117 THOMAS H STEIN 50 X 117906 0 21608 HARRIET R FAYNE 50 X 125740 0 14098 RICHARD B REYNOLDS 50 X 101021 0 20694 C BRENT DEVORE 0 X 500099 0 4749 REBECCA VAZQUEZ SKILLINGS 50 X X 73564 0 3846 HEIDI TRACY 50 X 154513 0 3717 CHELSEA JENNEY 2 X 0 0 0 REBECCA PRINCEHORN 2 X 0 0 0 1854005 0 231356 9 true true false COMMONFUND 15 OLD DANBURY ROAD WILTON CT 06897 INVESTMENT MANAGEMENT 122665 1 7985 1392819 2071300 12420 3472104 TUITION AND FEES 900099 72129088 72129088 RESIDENCE HALLS 721310 5411940 5411940 DINING SERVICES 722210 4079075 4079075 OTHER AUXILIARY SERVICES 611710 129826 129826 ORGANIZED ACTIVITIES 611710 576656 576656 125459 125459 0 0 82452044 1237449 1237449 709 709 0 157271 76893 80378 0 80378 80378 34445872 219445 29837442 126503 4608430 92942 4701372 4701372 10251 7985 6457 3794 3794 0 0 INSURANCE PROCEEDS 611710 250000 250000 EXTERNAL PRINTING 611710 18021 18021 MISCELLANEOUS 163161 163161 0 0 0 0 431182 92379032 82865205 18021 6023702 54953 54953 28254139 28254139 89774 89774 0 935031 226083 640164 68784 0 26929378 23497027 2614990 817361 1473011 1305028 138571 29412 4540718 3197029 1266113 77576 1919409 1654057 211934 53418 0 178987 139603 39384 102816 102816 0 35000 35000 122665 122665 5559674 5090998 251822 216854 587842 40080 502443 45319 3726541 3313480 339707 73354 805646 481206 294442 29998 0 3355486 2386366 806591 162529 1196001 1144757 34284 16960 0 704861 572608 90059 42194 1777502 1728927 48575 0 3687093 3350352 274318 62423 535117 361509 173608 BAD DEBTS & COLLECTIONS COSTS 441722 69305 372417 0 0 0 0 87013366 76957281 8324903 1731182 0 2800 2650 16818131 18320168 1664893 262599 919448 1067198 0 0 0 0 3038726 3161835 989346 918815 136228858 44160822 94281844 92068036 70178684 84769716 598459 674925 0 0 4039362 4385794 192531693 205631736 7433279 6632717 1684716 1827773 43614598 42432582 2393738 2555458 55126331 53448530 X 87497752 95118276 24676763 31445155 25230847 25619775 137405362 152183206 192531693 205631736 X 5365666 9412178 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 61307026 6692166 14314136 1285566 1617306 79410456 55465267 699058 7634457 1168110 1323646 61307026 73124692 162469 -15073701 1411011 1337182 55465267 0.45814 0.54186 0.00000 false false 7066376 7066376 94550743 22943978 71606765 11130202 4730569 6399633 21105795 15112220 5993575 2375742 1374055 1001687 92068036 0 ANNUITIES AND TRUSTS PAYABLE 516943 DEPOSITS 192018 ADVANCES FROM FEDERAL GOVERNMENT & STUDENT LOANS 1846497 2555458 92379032 87013366 5365666 9412178 0 9412178 14777844 73407982 9412178 83350 9495528 63912454 122665 28343913 28466578 92379032 58630138 83350 83350 58546788 122665 28343913 28466578 87013366 Intended uses of endowment funds Schedule D, Part V, Line 4 THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 400 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS (BOARD-DESIGNATED ENDOWMENT FUNDS). AS REQUIRED BY GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING BOARD-DESIGNATED ENDOWMENT FUNDS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE UNIVERSITY HAS INTERPRETED OUPMIFA AS REQUIRING PRESERVATION OF THE FAIR VALUE OF THE ORIGINAL GIFT AS OF THE GIFT DATE OF THE DONOR-RESTRICTED ENDOWMENT FUNDS ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. AS A RESULT OF THIS INTERPRETATION, THE UNIVERSITY CLASSIFIES AS PERMANENTLY RESTRICTED NET ASSETS (A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT, AND (C) ACCUMULATIONS TO THE PERMANENT ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME THE ACCUMULATION IS ADDED TO THE FUND. THE REMAINING PORTION OF THE DONOR-RESTRICTED ENDOWMENT FUNDS IS CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY THE UNIVERSITY IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY OUPMIFA. IN ACCORDANCE WITH DONOR RESTRICTIONS AND BOARD DESIGNATIONS, APPROPRIATIONS FROM THE ENDOWMENT FUNDS ARE USED TO SUPPORT SCHOLARSHIPS AND LOANS, FACULTY AND ACADEMIC PROGRAM SUPPORT, STUDENT PRIZES AND AWARDS AND GENERAL OPERATIONS OF THE UNIVERSITY. FIN 48 (ASC 740) footnote Schedule D, Part X, Line 2 THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE. FOR THE YEARS ENDED JUNE 30, 2011 AND 2010, THE UNIVERSITY HAD NO TAX EXPENSE WITH REGARD TO UNRELATED BUSINESS INCOME. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PRESCRIBES RECOGNITION THRESHOLDS AND MEASUREMENT ATTRIBUTES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TAX BENEFITS WILL BE RECOGNIZED ONLY IF A TAX POSITION IS MORE-LIKELY-THAN-NOT SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED WILL BE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT WILL BE RECORDED. MANAGEMENT HAS CONCLUDED THAT THEY ARE UNAWARE OF ANY TAX BENEFITS OR LIABILITIES TO BE RECOGNIZED AT JUNE 30, 2011 AND 2010. THE UNIVERSITY WOULD RECOGNIZE INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST AND INCOME TAX EXPENSE, RESPECTIVELY. THE UNIVERSITY HAS NO AMOUNTS ACCRUED FOR INTEREST OR PENALTIES FOR THE YEAR ENDED JUNE 30, 2011 AND 2010. WITH A FEW EXCEPTIONS, THE UNIVERSITY IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL OR NON-U.S. INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2008. THE UNIVERSITY DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. true true true true true true true false false false false false false false false true false true Financial aid or assistance from a governmental agency Schedule E, Line 6a THE UNIVERSITY RECEIVES FUNDING FROM THE FEDERAL GOVERNMENT FOR STUDENT FEDERAL WORK-STUDY AND FEDERAL OPPORTUNITY GRANTS. THE COLLEGE ALSO PARTICIPATES IN THE PERKINS LOAN PROGRAM. IN ADDITION, STUDENTS AT OTTERBEIN MAY RECEIVE GRANTS OR LOANS THROUGH THE FEDERAL PELL GRANT, FEDERAL SMART GRANT, FEDERAL ACADEMIC COMPETITIVE GRANT, FEDERAL STAFFORD LOAN AND FEDERAL PLUS PROGRAMS OR THROUGH SIMILAR STATE PROGRAMS. true CENTRAL AMERICA AND THE CARIBBEAN 0 1 PROGRAM SERVICES STUDY ABROAD 18471 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 1 PROGRAM SERVICES STUDY ABROAD 66444 SUB SAHARAN AFRICA 0 0 PROGRAM SERVICES STUDY ABROAD 30304 SOUTH AMERICA 0 1 PROGRAM SERVICES STUDY ABROAD 25454 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PASSIVE INVESTMENTS 31258000 EUROPE (INCLUDING ICELAND AND GREENLAND) GRANTS 55140 SOUTH AMERICA GRANTS 26550 EAST ASIA AND THE PACIFIC GRANTS 6084 MIDDLE EAST AND NORTH AFRICA GRANTS 2000 0 3 31488447 SCHOLARSHIP EAST ASIA AND THE PACIFIC 2 6084 ACCOUNT CREDIT SCHOLARSHIP EUROPE (INCLUDING ICELAND AND GREENLAND) 14 55140 ACCOUNT CREDIT SCHOLARSHIP MIDDLE EAST AND NORTH AFRICA 1 2000 ACCOUNT CREDIT SCHOLARSHIP SOUTH AMERICA 4 26550 ACCOUNT CREDIT true false false true false false Procedures for monitoring use of grant funds Schedule F, Part I, Line 2 THE UNIVERSITY PROVIDES SCHOLARSHIPS AND FINANCIAL AID TO OFFSET THE COST OF TUITION AND LIVING EXPENSES FOR STUDENTS. THESE FUNDS ARE AWARDED THROUGH THE UNIVERSITY'S FINANCIAL AID OFFICE BASED ON A COMBINATION OF MERIT AND NEED AND ARE DISBURSED DIRECTLY TO THE STUDENT'S BILLING ACCOUNT WITH THE UNIVERSITY. IN CERTAIN CASES, STUDENTS WHO ARE PARTICIPATING IN TRAVEL AND STUDY AS PART OF ACADEMIC COURSE WORK MAY BE ABLE TO WITHDRAW SOME OF THOSE FUNDS TO USE TO COVER EXPENSES ASSOCIATED WITH THE OFF-CAMPUS STUDY. X X X X X X X true RUFFALOCODY 65 KIRKWOOD NORTH ROAD SW CEDAR RAPIDS IA 524063018 FUNDRAISING - TELETHON false 89971 35000 54971 89971 35000 54971 OH CRAIG JOHNSON FUND 8770 8770 2496 SENIOR SHOWCASE GALA 9466 7985 1481 500 2416 100 945 0 18236 7985 10251 0 0 500 4912 100 945 6457 3794 SCHEDULE G, PART I, LINE 2 CONTRACT FOR FUNDRAISING SERVICES IF RUFFALOCODY PROCESSES ANY PRINTING, MAILING OR SHIPPING, AT THE REQUEST OF OTTERBEIN UNIVERSITY, THEN ALL DIRECT COSTS INCURRED BY RUFFALOCODY IN CONNECTION WITH SUCH ACTIVITIES WILL BE REIMBURSED BY OTTERBEIN UNIVERSITY. THE SERVICE CONTRACT DOES NOT INCLUDE AN ESTIMATE OF REIMBURSED COSTS IN ITS FEE. true OHIOHEALTH RESEARCH INSTITUTE 3545 OLENTANGY RIVER ROAD SUITE 328 COLUMBUS OH 43214 316059784 501(C)(3) 54953 HEALTH EDUCATION 1 0 SCHOLARSHIPS AND GRANTS FOR TUITION 2610 28254139 Procedures for monitoring use of grant funds Schedule I, Part I, Line 2 THE MAJORITY OF GRANTS AND ASSISTANCE PROVIDED BY THE UNIVERSITY IS IN THE FORM OF SCHOLARSHIPS AND FINANCIAL AID TO OFFSET THE COST OF TUITION, ROOM AND BOARD FOR ITS STUDENTS. THESE FUNDS ARE AWARDED THROUGH THE COLLEGE'S FINANCIAL AID OFFICE BASED ON A COMBINATION OF MERIT AND NEED AND ARE DISBURSED DIRECTLY TO THE STUDENT'S BILLING ACCOUNT WITH THE COLLEGE. IN ADDITION, THE COLLEGE MAKES A LIMITED NUMBER OF GRANTS TO OTHER ORGANIZATIONS. X X X X true true X X true false false false false false false false false KATHY A KRENDL 294176 0 0 0 2497 0 15000 0 45062 0 356735 0 0 0 ABIODUN GOKE-PARIOLA 154350 0 0 0 1032 0 8100 0 18025 0 181507 0 0 0 ROBERT M GATTI 140066 0 0 0 1032 0 14700 0 13417 0 169215 0 0 0 C BRENT DEVORE 0 0 0 0 500099 0 0 0 4749 0 504848 0 0 0 HEIDI TRACY 154353 0 0 0 160 0 0 0 3717 0 158230 0 0 0 Travel for companions Schedule J, Part I, Line 1a THE PRESIDENT'S SPOUSE PARTICIPATES IN AN ANNUAL ALUMNI EVENT CALLED CARDINAL MIGRATION HELD AT VARIOUS PLACES THROUGHOUT THE UNITED STATES. ATTENDANCE IS AT THE REQUEST OF THE UNIVERSITY AND IS NOT DEEMED TO BE TAXABLE COMPENSATION. Housing allowance or residence for personal use Schedule J, Part I, Line 1a THE UNIVERSITY PROVIDES THE PRESIDENT WITH HOUSING. AS PROVIDED UNDER IRC SEC. 119(D), THIS BENEFIT HAS NOT BEEN TREATED AS TAXABLE COMPENSATION. Health or social club dues or initiation fees Schedule J, Part I, Line 1a THE UNIVERSITY PROVIDED SOCIAL CLUB DUES FOR THE PRESIDENT AND VICE-PRESIDENT FOR ADVANCEMENT. TO THE EXTENT THAT ANY SUCH USAGE WAS FOR PERSONAL PURPOSES, THE BENEFIT WAS TREATED AS TAXABLE COMPENSATION TO THE PERSON. Personal services Schedule J, Part I, Line 1a CLEANING SERVICES ARE PROVIDED TO THE PRESIDENT. NO PART OF THE BENEFIT WAS TREATED AS TAXABLE COMPENSATION. Severance or change-of-control payment Schedule J, Part I, Line 4a C. BRENT DEVORE RECEIVED $373,066. STATE OF OHIO HIGHER ED FACILITY COMMISSION 346849674 67756BQE3 2005-11-09 13257941 STUDENT HOUSING false false false STATE OF OHIO HIGHER ED FACILITY COMMISSION 346849674 67756BUZ1 2007-08-23 11254836 STUDENT HOUSING false false false STATE OF OHIO HIGHERED FACILITY COMMISSION 346849674 67756BWN6 2008-07-09 21140144 EDUCATIONAL FACILITIES false false false 1170000 0 13760728 0 0 0 173420 141322 0 12943199 0 0 2007 false false true true 575000 0 11358549 0 0 0 164093 90742 0 11000000 0 0 2008 false false true true 1445000 0 21263492 1202580 0 0 216075 23100 0 17000000 2700000 0 2009 true false true true false false true false false 0.0030 0.0000 0.0030 true false false true false false 0.0030 0.0000 0.0030 true false true true false false 0.0040 0.0000 0.0040 true false false false 0.0 false 0.0 false true false false false false false true false true false false false true TOTAL PROCEEDS OF ISSUE SCHEDULE K, PART II, LINE 3 TOTAL PROCEEDS OF ISSUE REPORTED ON PART II, LINE 3 IS NOT EQUAL TO PART I, COLUMN (E) ISSUE PRICE DUE TO INVESTMENT EARNINGS. SEE SCHEDULE O DISCOUNTED TUITION AND AID 69885 GRANTS OR ASSISTANCE BENEFITTING INTERESTED PERSONS FORM 990, SCHEDULE L, PART III AS PER IRS INSTRUCTIONS FOR FORM 990 SCHEDULE L, SCHOOLS ARE NOT REQUIRED TO IDENTIFY INTERESTED PERSONS TO WHOM THEY PROVIDED SCHOLARSHIPS, FELLOWSHIPS, AND SIMILAR FINANCIAL ASSISTANCE. COLUMNS (A) AND (B) SHOULD BE LEFT BLANK FOR THESE LINES. PROGRAM SERVICE DESCRIPTION FORM 990, PART III, LINE 4A (CONTINUED FROM FORM 990, PART III, LINE 4A). TO ACHIEVE THESE GOALS THE UNIVERSITY PROVIDES RESIDENCE HALLS WHICH CONTAIN LIVING QUARTERS TO ACCOMMODATE 1-4 PEOPLE AND HAVE LOUNGES, COMPUTER LABS AND ON-SITE LAUNDRY FACILITIES. 54% OF TRADITIONAL AGED STUDENTS LIVED IN CAMPUS HOUSING IN 2010-2011. IN SUPPORT OF THE WELL BEING OF THE STUDENTS LIVING ON CAMPUS AND THOSE COMMUTING TO CLASSES, THE UNIVERSITY PROVIDES SEVERAL MEAL AND DINING OPTIONS. THE UNIVERSITY BELIEVES THAT TO SUPPORT ITS MISSION, IT IS IMPORTANT FOR STUDENTS TO MAINTAIN GOOD HEALTH WITH PROPER NOURISHMENT. ORGANIZATION'S MISSION FORM 990, PART III, LINE 1 (CONTINUED FROM CORE FORM PART III, LINE 1) FOUNDED IN 1847, OTTERBEIN UNIVERSITY IS A PRIVATE, COEDUCATIONAL, COMPREHENSIVE UNIVERSITY AFFILIATED WITH THE UNITED METHODIST CHURCH THAT SPONSORS TRADITIONAL AND CONTINUING EDUCATION PROGRAMS OF LIBERAL ARTS AND PROFESSIONAL EDUCATION AT BACCALAUREATE AND MASTER'S LEVELS. OUR COMMITMENT IS TO THE LIBERAL ARTS AS THE BROAD BASE OF ALL LEARNING. THE UNIVERSITY OFFERS A CHOICE OF 73 MAJORS AND 44 MINORS, AS WELL AS INDIVIDUALIZED COURSES OF STUDY, IN THE CONTEXT OF A RICH HISTORY OF A LIBERAL ARTS EDUCATION. THE UNIVERSITY HAS 5 GRADUATE PROGRAMS IN BUSINESS ADMINISTRATION, EDUCATION AND NURSING. Review of form 990 by governing body Form 990, Part VI, Section B, Line 11b THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES AND THE PRESIDENT OF THE UNIVERSITY REVIEWED THE COMPLETED FORM 990 IN DETAIL PRIOR TO FILING WITH THE IRS. THE ENTIRE BOARD OF TRUSTEES IS GIVEN ACCESS TO THE FILING COPY PRIOR TO FILING WITH THE IRS. Conflict of interest policy Form 990, Part VI, Section B, Line 12c ALL BOARD MEMBERS AND OFFICERS SIGN A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY. STAFF IN THE PRESIDENT'S OFFICE REVIEW THE SIGNED FORMS FOR COMPLETENESS AND DISCLOSURE OF CONFLICTS. ANY MEMBER WHO HAS A CONFLICT OF INTEREST RECUSES HIMSELF OR HERSELF FROM THE DISCUSSION AND VOTING OF THE RELATED TOPICS AT BOARD MEETINGS. ALL INTERESTED PERSONS, INCLUDING BOARD MEMBERS, OFFICERS, KEY EMPLOYEES AND HIGHLY COMPENSATED INDIVIDUALS ALSO COMPLETE AN ANNUAL QUESTIONNAIRE REGARDING POTENTIAL CONFLICTS WHIGH MIGHT EXIST. THE RESPONSES TO THIS QUESTIONNAIRE ARE REVIEWED BY THE OFFICE OF BUSINESS AFFAIRS. THE EMPLOYEE HANDBOOK HAS A CONFLICT OF INTEREST STATEMENT THAT COVERS ALL EMPLOYEES OF THE UNIVERSITY. Public Disclosure Form 990, Part VI, Section C, Line 19 NO DOCUMENTS ARE AVAILABLE TO THE PUBLIC. PROCESS USED TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL, OTHER OFFICERS, AND KEY EMPLOYEES FORM 990, PART VI, SECTION B, LINE 15A AND 15B THE BOARD OF TRUSTEES IS RESPONSIBLE FOR SETTING COMPENSATION FOR THE PRESIDENT. THE BOARD REVIEWED AND APPROVED THE LEVEL OF COMPENSATION FOR THE CURRENT PRESIDENT BASED ON VARIOUS FACTORS, INCLUDING THE REVIEW OF PRESIDENTIAL COMPENSATION PACKAGES AT COMPARABLE INSTITUTIONS AND REVIEW OF THE MARKET FOR CANDIDATES WITH SIMILAR LEVELS OF EXPERTISE AS THE CANDIDATE. THIS PROCESS WAS LAST COMPLETED IN JUNE 2011. THE EXECUTIVE COMMITTEE OF THE BOARD, IN COORDINATION WITH THE PRESIDENT, ESTABLISHES PERFORMANCE GOALS FOR EACH ANNUAL PERIOD; COMPENSATION INCREASES ARE TIED TO ANNUAL PERFORMANCE REVIEWS. THE UNIVERSITY HAS CONDUCTED A COMPREHENSIVE COMPENSATION STUDY FOR ALL OTHER EMPLOYEES AND WILL DO SO ANNUALLY. THE PRESIDENT SETS COMPENSATION FOR VICE PRESIDENTS USING THE COMPENSATION STUDY, OTHER INDUSTRY COMPENSATION COMPILATIONS AND COMPARING SIMILARLY SITUATED INSTITUTIONS. THIS PROCESS WAS LAST COMPLETED IN JUNE 2011. Other changes in net assets or fund balances Form 990, Part XI, Line 5 NET UNREALIZED GAINS (LOSSES) ON INVESTMENTS - 9412178; CHARITABLE REMAINDER TRUSTS (6) BENEFICIAL TRUST NA TRUST false false false false false false false false false false false false false false false false false false LEGAL DOMICILE (STATE OR FOREIGN COUNTRY) SCHEDULE R, PART IV, COLUMN (C) OH, MA, PA, WA