2012-05-14T10:28:48-07:00 2011-06-30 990 2010-07-01 741233796 SOUTHWESTERN UNIVERSITY SOUT 5128631956 PO Box 770 Georgetown TX 786270770 Richard Anderson 5128631444 2012-04-05 2010 2016-02-24 21:20:13Z Jake B Schrum 1001 E University Avenue Georgetown TX 78626 225871241 0 X www.southwestern.edu X 1875 TX Fostering a liberal arts educational community whose values and actions encourage contributions toward the well-being of humanity. 44 43 1414 774 394817 -126277 9090775 12729067 47532577 52157703 4618283 12389126 1413257 1583709 62654892 78859605 16543497 19517398 0 0 35275760 35400363 0 0 1671787 25111840 28199454 76931097 83117215 -14276205 -4257610 358595433 383779104 69069256 66314947 289526177 317464157 Fostering a liberal arts educational community whose values and actions encourage contributions toward the well-being of humanity. 0 0 25977586 31807659 Instructional Services. The University's primary mission is fostering a liberal arts educational community of the highest caliber. The University seeks to develop a community of scholars in both its faculty and student body that is self-critical and tough-minded, and that maintains rigorous academic standards. Through its Paideia program, the University transcends conventional approaches to teaching and learning through a student-driven, faculty-led experience. The program emphasizes intellectual curiosity, promotes connections between academic courses, offers intercultural and diversity experiences, encourages civic engagement, and supports collaborative or guided research and creative works. For the year, the University enrolled 1,327 full-time equivalent students in its academic instructional programs. Most of the University's enrollment is traditional college-age students, and for the Fall 2010 semester 98.55% were enrolled full-time (12 or more credit hours for the semester) . The student-teacher ratio was approximately 10.8:1 in the current year. 19517398 19517398 0 Financial Assistance. The University seeks to support its primary program services through financial assistance to students. Institutional financial assistance includes both need-based assistance and merit-based assistance. The primary funding sources for institutional financial assistance are restricted and unrestricted endowments and gifts, and general operating budget support. Approximately 95% of university students receive institutional financial assistance. Approximately 61% of university students receive need-based financial assistance. The University does not discriminate on the basis of sex, race, color, religion, age, disability, national or ethnic origin, or any other impermissable factor, in the management of its institutional financial assistance program. 8893353 10921390 Student Services. The University seeks to support its primary academic mission through robust student services for its primarily residential liberal arts campus. Student services includes security, student activities, residential life administration, career counseling and services, student health and counseling services, NCAA III athletics, intramural sports, and other services vital to support a residential academic community of the highest caliber and quality. 7626752 9428654 Other Program Services include auxiliary enterprises, including student residential center operations and food service operations. Approximately 85% of the student body lives on-campus in residential centers. Residential centers include living/learning centers which integrate classroom and other experiences into the residential environment. Food service is provided primarily for residential and non-residential student usage, faculty, staff and guests of the University. Total auxiliary enterprise income and expenses are $9,428,654 and $7,626,752 respectively. Auxiliary enterprise expenses include depreciation, interest and physical plant expense allocations of $1,632,554, $174,939 and $2,457,187, respectively. Other Program Services include various student, faculty and staff campus services, such as the post office, information technology help desk, network support, and other similar services, as well as various other essential program services in support of the primary academic mission of the University. 7626752 0 9428654 62015089 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 0 1 1 1 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 1 1 0 1 0 1 0 0 0 0 1 1 1 0 0 1 2282 0 1 1414 1 1 1 1 UK 0 0 0 1 1 0 0 0 0 X 44 43 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X Brenda Thompson 5128631956 1001 East University Avenue Georgetown TX 78626 Martin Aleman Jr 1.4 X 0 0 0 L James Bankston 1.4 X 0 0 0 Lisa Barrentine 1.4 X 0 0 0 Douglas M Benold 1.4 X 0 0 0 W Earl Bledsoe 1.4 X 0 0 0 John S Curry 1.4 X 0 0 0 James E Dorff 1.4 X 0 0 0 Robert W Dupuy 1.4 X 0 0 0 Thomas A Forbes 1.4 X 0 0 0 James W Foster 1.4 X 0 0 0 Jack Garey 1.6 X 0 0 0 Roberto L Gomez 1.4 X 0 0 0 Robert H Graham 1.6 X 0 0 0 Kay Granger 1.4 X 0 0 0 Larry J Haynes 1.4 X X 0 0 0 Ronald D Henderson 1.4 X 0 0 0 C Preston Hollis 1.4 X 0 0 0 Janice Riggle Huie 1.4 X 0 0 0 Robert W Karr 1.4 X 0 0 0 Bart C Koontz 1.4 X 0 0 0 R Griffin Lord 1.4 X X 0 0 0 J Michael Lowry 1.4 X 0 0 0 Henry C Joyner 1.4 X 0 0 0 Red McCombs 1.4 X 0 0 0 Michael McKee 1.4 X 0 0 0 J Eric McKinney 1.4 X 0 0 0 David J McNitzky 1.4 X 0 0 0 Laura A Merrill 1.4 X 0 0 0 Charles R Millikan 1.4 X 0 0 0 Merriman Morton 1.9 X X 0 0 0 Barbara Prats Neely 1.4 X 0 0 0 Ernesto Nieto 1.4 X 0 0 0 Steven A Raben 1.4 X 0 0 0 Robert T Rork 1.6 X 0 0 0 Robert C Scott 1.4 X 0 0 0 Pete Sessions 1.4 X 0 0 0 Sarah Gould Stotts 1.4 X 0 0 0 Blake Stanford 1.4 X 0 0 0 Stephen G Tipps 1.4 X 0 0 0 Donald W Underwood 1.4 X 0 0 0 James W Walzel 1.4 X 0 0 0 D Max Whitfield 1.4 X 0 0 0 Robert D Wunsch 1.4 X 0 0 0 Jake B Schrum 40 X X 388497 0 188244 Richard L Anderson 40 X 229496 0 34090 C Richard McKelvey 40 X 226431 0 35953 James W Hunt 40 X 222028 0 35275 Gerald D Brody 40 X 151551 0 56053 W Joseph King 40 X 224068 0 35518 Thomas J Oliver 40 X 140700 0 24200 Paul J Gaffney 40 X 144643 0 24719 J Michael Leese 40 X 135105 0 23696 Andrew J Senchack 40 X 134958 0 25697 1997477 0 483445 27 0 1 0 Skyline Commercial Inc 4801 Spicewood Springs Road Austin TX 78759 Construction 1487753 Sodexo Inc 8901 Washingtonian Blvd Gaithersburg MD 20878 Food Service 1957608 EIIA 200 S Wacker Dr 1000 Chicago IL 60606 Insurance 723225 Great Lakes Colleges Assoc Inc 535 W William Ste 301 Ann Arbor MI 48103 NITLE Contract 887693 Group Two Architecture Inc 101 W 6th St Suite 615 Austin TX 78701 Architects 448962 21 0 52264 28664 0 1023741 11624398 486020 12729067 Tuition & Fees 611310 42729049 42729049 0 0 Auxiliary Enterprises 713910 9428654 9104633 324021 0 0 0 0 0 52157703 9206273 0 31904 9174369 0 0 0 0 0 0 0 0 11270 0 30544 0 -19274 0 -19274 0 0 -19274 150144740 0 146961887 0 3182853 0 3182853 0 0 3182853 20069 28664 19205 864 0 864 0 0 0 0 0 0 0 0 0 0 0 0 NITLE 611710 387914 387914 0 0 Insurance Claim for Flood 524298 243116 0 0 243116 Summer Theatre 611310 111963 111963 0 0 859126 820234 38892 0 1602119 78859605 53153793 394817 12581928 0 0 19205691 19205691 311707 311707 0 0 1392566 229152 1004396 159018 0 0 0 0 25464680 20656841 3994266 813573 1662867 1320289 283393 59185 4685545 3077154 1525419 82972 2194705 1614264 511850 68591 0 0 0 0 91484 0 91484 0 216401 0 216401 0 0 0 0 0 0 0 4714369 0 4714369 0 2945764 2322142 514538 109084 50530 47832 2698 0 1257666 1000457 171619 85590 427763 27291 400472 0 0 0 0 0 1505402 1392102 103507 9793 1304112 1091177 156714 56221 0 0 0 0 202384 43571 147939 10874 467751 406943 53815 6993 0 0 0 0 4365119 3797653 502207 65259 420243 351383 65418 3442 Post Retirement Benefits 2187404 0 2187404 0 Tax Allocation for Operations & Maintenance 1790869 1558056 206040 26773 Utilities - Electricity 1194712 0 1194712 0 Library 1004622 1004622 0 0 Hospitality & Related Program Support 529304 418610 66396 44298 3523555 2138152 1315282 70121 83117215 62015089 19430339 1671787 36614474 39550810 13000000 500000 6906622 8409066 4936821 4905513 0 2095 0 0 583013 408127 0 0 1380627 1302050 182402865 87520599 98657765 94882266 190990571 226890052 4070887 4825508 0 0 1454653 2103617 358595433 383779104 5685609 5009370 3258416 3369014 1328239 1161008 28395217 27156460 0 0 0 0 0 0 0 0 30401775 29619095 69069256 66314947 X 73426581 72465479 142199619 167023018 73899977 77975660 289526177 317464157 358595433 383779104 X -4257610 32195590 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 3801950 0 0 X X X 0 241783693 3579072 36381338 13711328 -950128 0 268982903 226899360 2454066 25562015 14073195 -941447 0 241783693 280680161 759845 -41956258 2702276 9882112 0 226899360 0.1562 0.2866 0.5572 1 0 6471897 111509 6583406 0 129166802 47711939 81454863 0 0 0 0 0 32810247 27034156 5776091 0 13842410 12774504 1067906 94882266 0 Accrued Post Retirement Benefits 29542695 Deferred Compensation 76400 29619095 SchD_P03_S00_L04 Schedule D, Part III, Line 4 Southwestern University has 19 collections within the Special Collections of the A Frank Smith Jr. Library Center that contain a variety of books, records, papers, maps and manuscripts that are maintained for historical purposes, public exhibition and student educational research. SchD_P05_S00_L04 Schedule D, Part V, Line 4 Southwestern University endowments include $226,958,234 (84%) of donor restricted endowment funds and $42,133,933 (15.6%) of board-designated funds functioning as endowment funds. All donor restricted endowments are used only as the donors intended per the donor restrictions. The board-designated funds support general program services of the University. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 An annual notice is published in the following newspapers: Williamson County Sun, Austin American-Statesman, Houston Chronicle, and the Dallas Morning News. Policies are included in all student, faculty and staff handbooks. SchE_P01_S00_L06 Schedule E, Part I, Line 6 The University receives financial aid from both the federal government and the State of Texas, which is awarded to students using the Department of Education methodology. The main federal financial assistance programs for students include: Federal Family Education Loans, Federal Perkins Loans, Federal Pell Grants, Federal Work-Study, and Federal SEOG. The main state financial assistance grant is the Tuition Equalization Grant. The University also receives federal financial assistance for academic grants and research. 1 Central America and the Caribbean 0 0 Grantmaking 22000 East Asia and the Pacific 0 0 Grantmaking 13500 Europe (including Iceland and Greenland) 0 0 Grantmaking 47858 North America (including Canada and Mexico, but not the United States) 0 0 Grantmaking 450 South America 0 0 Grantmaking 11300 South Asia 0 0 Grantmaking 1000 Sub-Saharan Africa 0 0 Grantmaking 4950 Europe (including Iceland and Greenland) 0 5 Program Services Study Abroad Program 94478 Central America and the Caribbean 0 1 Program Services Study Abroad Program 16477 East Asia and the Pacific 0 0 Program Services Research 15338 Europe (including Iceland and Greenland) 0 0 Program Services Research 42688 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Research 7373 Russia and the newly independent States 0 0 Program Services Research 3104 South America 0 0 Program Services Research 25444 Central America and the Caribbean 0 0 Program Services Research 2573 South Asia 0 0 Program Services Research 3174 0 6 311707 Scholarships Central America and the Caribbean 21 22000 Check Scholarships East Asia and the Pacific 10 13500 Check Scholarships Europe (including Iceland and Greenland) 48 47858 Check Scholarships North America (including Canada and Mexico, but not the United States) 1 450 Check Scholarships South America 9 11300 Check Scholarships South Asia 1 1000 Check Scholarships Sub-Saharan Africa 3 4950 Check Housing Europe (including Iceland and Greenland) 2 19218 EFT or Wire Faculty/Staff Development and Research East Asia and the Pacific 5 7981 Check Faculty/Staff Development and Research Europe (including Iceland and Greenland) 15 36099 Check Faculty/Staff Development and Research North America (including Canada and Mexico, but not the United States) 6 6770 Check Faculty/Staff Development and Research Russia and the newly independent States 2 3104 Check Faculty/Staff Development and Research South America 1 676 Check Faculty/Staff Development and Research South Asia 1 3174 Check Faculty/Staff Private Grants Central America and the Caribbean 1 2573 Check Faculty/Staff Private Grants East Asia and the Pacific 1 7358 Check Faculty/Staff Private Grants Europe (including Iceland and Greenland) 1 6589 Check Faculty/Staff Private Grants North America (including Canada and Mexico, but not the United States) 1 603 Check Faculty/Staff Private Grants South America 3 8068 Check Faculty Federal Grant South America 1 16700 Chk&Wire 1 0 1 1 1 0 SchF_P01_S00_L02 Schedule F, Part I, Line 2 All students at Southwestern University who desire to study abroad are required to apply for the study abroad program at The Office of Intercultural Learning. Students then meet with the Director of Intercultural Learning to discuss their major, eligibility, best options and goals, and to identify the appropriate study abroad program. Both the Office of Financial Aid and the Office of Intercultural Learning meet to review all the students accepted in the study abroad program and to determine financial aid eligibility. Scholarships are awarded to the students based on financial need and participation in approved programs. The Office of Financial Aid and its operations are subject to internal control review by the University's external auditors as part of the financial statement audit. Funds are also monitored by the review and oversight of Senior Management, Senior Staff, the Vice-President of Enrollment Services, and the Business Office; all of which are under the purview of the Audit Committee and the Fiscal Affairs Committee of the Board of Trustees. Payments for certain scholarships are made directly to the institutions sponsoring the study abroad program. Payments related to the Paideia program are made to the students on a reimbursement basis. Students are required to complete a request for reimbursement that includes the approval/signature from an assigned faculty mentor and attach proof of prior payment of study abroad expenses. The forms are then reviewed by the Assistant Dean of Faculty Development and Sponsored Projects and the Assistant Controller before processed for payment. Payments for faculty members' room and board related to study abroad programs were made by the Controller via wire transfer directly to the owner of the rental property. Southwestern University's method of accounting for these expenditures includes using different account numbers to track some of the different study abroad programs, scholarships expenses and all foreign travel. Pirate Golf 25315 14980 10335 0 1138 9766 0 0 946 Jameson 5K 12156 8160 3996 0 0 0 0 0 3426 1 11262 5524 5738 0 0 0 0 0 3929 48733 28664 20069 0 1138 9766 0 0 8301 19205 864 1 PRE MED SCHOLARSHIP 10 20953 SHILLING LEADERSHIP AWARDS 6 5335 NATIONAL HISPANIC SCHOLAR RECOGNITION AWARD 17 32000 RUTER SCHOLAR AWARD 179 1076360 MOOD SCHOLAR AWARD 501 5921171 CODY SCHOLAR AWARD 222 3844438 PRESIDENT'S ACHIEVEMENT SCHOLARSHIP 71 307450 NATIONAL HISPANIC INSTITUTE 19 35000 NATIONAL MERIT COMMENDED 49 45500 AP/IB RECOGNITION AWARD 478 728193 PHI THETA KAPPA RECOGNITION AWARD 15 30600 SU EXCELLENCE SCHOLARSHIP 7 18000 MUSIC, ART, THEATRE SCHOLARSHIP 122 494487 NATIONAL MERIT SCHOLARSHIP 12 24000 PARTNERSHIP GRANT 5 17500 SU SCHOLARSHIP 7 50809 SU SCHOLARSHIP (NEED-BASED) 471 1801820 UPWARD BOUND SCHOLARSHIP 7 218135 TUMCA SCHOLARSHIP 4 23000 CAIN SCHOLARSHIP 24 50471 ROCKWELL SCHOLARSHIP 212 774342 BISHOP ERNEST T DIXON SCHOLARSHIP 2 7125 RWANDA SCHOLARSHIP 2 39107 TUMCA-BENEFICIARY GRANT 5 27000 TUMCA-RUTER SCHOLARSHIP 1 7500 TUMCA-MOOD SCHOLARSHIP 1 16000 TUMCA-CODY SCHOLARSHIP 1 7250 BENEFICIARY SCH 7 37352 BROWN SCHOLARS 16 585835 IRAQ & AFGHANISTAN SERV GRANT 1 5550 S E O G GRANTS 120 113828 ACADEMIC COMPETIVENESS GRANT 139 99243 SMART GRANT 15 36000 BEI SCHOLARSHIP 1 31630 BRACKENRIDGE SCH 8 13000 JAMES S. KEMPER FDN SCH 5 24800 UMHEF - DOLLARS FOR SCHOLARS 4 8000 HATTON W. SUMNERS FND SCH 7 65000 WILLIAM & ABBIE ALLEN 36 371497 JONES/MEN-JONES/WOMEN 11 153033 J M & S W ROCKWELL 17 88634 CULLEN ENDOWED SCHOLARSHIP 7 85788 J.N.R. SCORE, II ESTATE 6 82386 JOHN SMITH CAIN SCHOLARSHIP 14 61149 T L & NOLA DOUGLAS END SCH 4 52777 GOODRICH 3 47671 C. HOWARD/E. CRAWFORD SCH END 4 44239 FRANCES LOVE 7 43801 BROTHER & SISTER GREEN 4 36915 GEORGE SALLADAY 2 35412 WILLIAM GROGAN LORD 3 32465 JRA CARROLL END SCHOL 3 32035 GEORGE FOUNDATION SCH FUND 6 29418 M D ANDERSON 8 28798 JUDGE MARVIN JONES 2 27275 EMILY BELL GIBSON FUND 2 23938 DAVID W CARTER JR 2 21690 WILL MANN RICHARDSON 2 21564 CHANCE-KRUEGER FAMILY END SCH 3 20182 DAVIDSON FAM CHAR FDN 2 19368 ALLEN G & JANE D ROE END SCH 2 18410 PAULA PEARCE 2 17672 VERA M BARRETT BRITT 2 16304 SOUTHLAND PAPER 2 16085 JOHN SCORE END SCH 1 15732 HURST MEMORIAL/SCIENCE 1 15305 ORGAIN MEMORIAL 2 15283 S W SCOTT 1 14762 JEAN SCHOLARS HALL 2 14679 L FITZPATRICK SHAW 1 14674 HYMAN ENDOWED SCHOLARSHIP 1 14541 LARRY HANKS 1 14513 HERMAN BROWN 1 14150 JOHN L & GAYL BRADFIELD SCH 1 13825 WM RANDOLPH HEARST END SCH 1 13151 LATIMER & KATHRYN MURFEE END 1 11918 ALICE PRATT BROWN 2 11651 FEAGIN 1 11155 BRYAN HANKS 1 11086 KAPPA SIGMA IOTA END SCH 1 10930 TURNER M CALDWELL III 2 10547 WILLIAM STAMPS FARISH 1 10529 JOHN D RICHARDS 1 9824 RALPH M WHITMORE 1 9567 GODBEY MEMORIAL 1 9315 MARY SHIPP & SAMUEL G SANDERS 1 8937 ERNEST ROPER FUND 1 8891 FRANK & AMANDA FERGUSON 2 8637 JANICE G ONSTOTT EST SCH 1 8480 MARION MALLARD/LANGUAGES 1 7471 JAYSN JAMESON SCH 1 7226 TOUCHSTONE-JORDAN 1 7102 CHINQUAPIN SCHOOL SCH 1 6880 JOHN & GEORGIA WHEELER 1 6874 DAN RATHER SCHOLARSHIP 1 6672 DR. ROBERT L. SOULEN END SCH 3 6517 HISPANIC LEADERSHIP & SERVICE 1 6495 CARL BURKART JR 1 6402 MARY MERLE HILL 1 6348 JUDGE RICHARD CRITZ 1 6193 FAIRY C ROPER 1 6146 KEITH & MARY DAVIS 1 6015 W CLYDE BLUNDELL 1 6003 GEORGE W PIRTLE 1 5826 ELLSWORTH PETERSON/S MUS 1 5709 ENRON FOUNDATION 1 5602 NEELY END SCH 1 5520 MAXINE BENOLD SCH 1 5481 PRES JNR & RS SCORE 1 5454 B & C W MCPHAIL MEM 1 5385 GENEVIEVE CALDWELL END SCH 1 5376 CONSOLIDATED 1 5343 LUCY BEDINGER FINCH END SCH 1 5341 MINNIE HOWELL 1 5317 LUCY KING BROWN ENDOWED SCHOL 1 5291 READERS DIGEST 1 5109 Other Scholarship < $5,000 178 356099 SchI_P01_S00_L02 Schedule I, Part I, Line 2 Institutional Financial Aid. The University made need-based and merit-based grants and scholarships to 1,300 students in fiscal 2011, which represents approximately 97% of the student body and totaling $18,934,570. Additionally, the University awards various federal, state and private scholarship, loan and student work programs as part of its overall financial aid program. The University Financial Aid office is responsible for management of all financial aid programs. The University uses the Department of Education methodology to determine family need for awarding need-based awards. Merit-based awards are determined based on various academic (GPA, rank in class,etc.) as well as other qualitative measures. It is the responsibility of the Financial Aid office to ensure compliance with federal and state regulations on financial aid, and University policy and internal control objectives. The financial aid office and its operations are subject to internal control review by the University's external auditors as part of the annual financial statement audit. Additional monitoring is also provided through the review and oversight of Senior Management, Senior Staff, the Vice-President of Enrollment Services, and the Business Office; all of which are under the purview of the Audit Committee and the Board of Trustees' Fiscal Affairs Committee. Additionally, the University's awarding and management of financial aid awards is subject to an annual Single Audit (Circular A-133) and State of Texas audits (for various state financial aid programs). Results of these audits are reported to the University Senior Staff, the Board of Trustees' Audit Committee and the Board of Trustees Fiscal Affairs Committee. X X X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 Jake B Schrum 346321 0 0 0 42176 0 24500 0 174859 0 587856 0 Richard L Anderson 215856 0 0 0 13640 0 18730 0 15765 0 263991 0 C Richard McKelvey 208743 0 0 0 17688 0 18745 0 17739 0 262915 0 James W Hunt 215185 0 0 0 6843 0 18355 0 17451 0 257834 0 Gerald D Brody 147762 0 0 0 3789 0 13940 0 42644 0 208135 0 W Joseph King 221936 0 0 0 2132 0 21250 0 14673 0 259991 0 Thomas J Oliver 139260 0 0 0 1440 0 12320 0 12285 0 165305 0 Paul J Gaffney 142758 0 0 0 1885 0 12198 0 13052 0 169893 0 J Michael Leese 131991 0 0 0 3115 0 11711 0 12516 0 159333 0 Andrew J Senchack 132045 0 0 0 2913 0 12512 0 13716 0 161186 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a TRAVEL FOR COMPANIONS - On occasion the President's spouse attends business meetings in conjunction with the President's travel in representing the University. All University-funded travel expenses for the President's spouse are treated as taxable compensation and reported on IRS Form W-2. RESIDENCE & PERSONAL SERVICES - The University requires the President to reside in the Turner Fleming House, located on campus, for the convenience of the University, as part of his employment contract with the University. The Turner Fleming House is used by the President for personal residence, hosting various meetings and business-related social events and other University functions. The University provides housekeeping, grounds keeping, and maintenance service consistent with other University buildings. The valuation for personal usage of the Turner Fleming House, as reported in Part II, includes the estimated fair market rental value, utilities, housekeeping and grounds keeping services. HEALTH OR SOCIAL CLUB DUES - The University provides country club memberships and other social club memberships for certain key employees of the University. These memberships are used primarily for hosting guests during fund-raising meetings and other business-related meetings. TAX GROSS-UP PAYMENTS - The University reimburses certain officers and key employees for income tax obligations related to university - reimbursed travel for companions, social and club dues, and personal use of University automobile. Crawford Education Facilities Corporation 721536594 225098BF8 2004-07-13 31302757 Refund bonds issued 10/31/84 & 5/11/94 & Construction 0 0 0 Riesel Education Facilities Corporation 205312407 000000000 2006-08-11 5000000 Construct On-Campus Apartments 0 0 0 28521536 0 31302757 0 0 0 384938 0 0 2396283 0 0 2008 1 0 1 1 0 0 5000000 0 0 0 53150 0 0 4946850 0 0 2008 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 Gaffney Computer Loan X 1278 859 0 0 1 Leese Computer Loan X 1648 1236 0 0 1 2095 2 people Students 42500 Tuition Exchange 4 people Students 74600 Tuition Remission 1 person Student 4000 Merit Scholarships Lisa Anderson spouse of officer 40123 Employment - Library Assistant 0 X 15 $1 per contribution X 12 476604 avg amount per share X Miscellaneous 30 2048 $1 per or receipt X Equipment/Instrument 4 7353 $1 per or appraisal 0 0 1 0 F990_P06_S0A_L04 Form 990, Part VI, Section A, Line 4 Southwestern University changed the "Conference Trustees" section (Section 112.10), which addresses the compilation of the 20 conference trustees from "2 ordained ministers and 2 lay persons from each of the Central Texas Conference, North Texas Conference, Southwest Texas Conference and Texas Conference, and 1 minister and 1 lay person from each of the Northwest Texas Conference and the Rio Grande Conference" to "1 ordained minister and 3 lay persons from each of the Central Texas Conference, North Texas Conference, Southwest Texas Conference and Texas Conference, and 1 minister and 1 lay person or no clergy and 2 lay persons if approved by the conference from each of the Northwest Texas Conference and the Rio Grande Conference." F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b Per the Board approved resolution, the Audit Committee prepares an annual time line for the preparation, review & filing of Form 990. The University's Administration prepares the University's Form 990. The Administration and other staff complete sub-certification statements addressing their individual areas of responsibilities. The University's external counsel reviews the Form 990. The completed and reviewed return, along with sub-certification statements, is reviewed by the chief financial officer (Vice President for Fiscal Affairs). The Vice President for Fiscal Affairs presents the completed return to the Board of Trustees Audit Committee, which has oversight responsibility for the Form 990. After review by the Audit Committee, a copy of the return is made available to the full Board of Trustees for their review before filing. Board Members review the return and return a confirmation of their review. Any comments are submitted in writing to the Audit Committee. The return is then filed electronically with the IRS. The University's external auditing firm reviews the prior year return for completeness and accuracy relevant to the scope and due diligence requirements of the auditing process, and reports any significant or material weaknesses noted to the Board of Trustees Audit Committee. The Audit Committee has oversight responsibility and authority to ensure noted weaknesses or errors are corrected. The Audit Committee reports regularly to the full Board of Trustees. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The Board of Trustees has delegated ongoing oversight of the University's Conflict of Interest Policy to the Board of Trustees Audit Committee as a permanent duty of the Audit Committee's Charter. The Audit Committee is responsible for proposing changes in the University Conflict of Interest Policy to the full Board of Trustees, and for monitoring compliance with the policy approved by the Board of Trustees. All members of the Board of Trustees, Board committee members, Officers, key employees, members of the Financial Aid office and all professional financial accounting staff annually complete and submit a questionnaire on possible conflicts of interest and independence. Employees of the University other than the President submit conflict of interest information to the President. The President determines if an actual conflict of interest exists and determines the appropriate mitigating action. The President reports on an annual basis, to the Audit Committee, all identified possible conflicts of interest and mitigating actions taken. The President and the members of the Board of Trustees submit conflict of interest and independence questionnaires to the Board of Trustees Audit Committee. The Audit Committee is responsible for reviewing the situation and recommending to the Board Chairman appropriate mitigating actions. The University has a whistle-blower policy and process under the oversight and authority of the Board of Trustees Audit Committee. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Board of Trustees Compensation Committee is responsible for setting compensation for the Senior Staff of the University. Senior Staff includes the President and all vice president-level staff. Additionally, each year any employees listed in IRS Form 990 Part VII, officer, key employee and highly paid employee, not already within the scope of the Compensation Committee, are added to the Committee's scope of oversight. The Compensation Committee includes only independent Board of Trustees members as voting members plus the Associate Vice President for Human Resources, as a non-voting ex officio member. The Committee compiles industry-wide salary surveys, benchmark institutional data from peer institutions, and other external, objective data, to determine the appropriateness of compensation for employees under its review. The Associate Vice President for Human Resources is responsible for compiling a complete list of all compensation, taxable and non-taxable fringe benefits, and any other relevant data for the Committee. The Compensation Committee reports on the salary administration process to the Board of Trustees on an annual basis for approval by the Board. Full disclosure of compensation is reported on Form 990 for full Board of Trustee review. All the information used by the Compensation Committee is retained by the Associate Vice President of Human Resources in the personnel office. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The University publishes its Articles of Incorporation and/or Certificate of Formation, Bylaws, Conflict of Interest Policy, Independence Policy, and the most current three years of audited financial statements, and IRS Form 990 and 990-T on the University website. The information may be accessed at http://www.southwestern.edu/businessoffice/budget.php and at www.southwestern.edu/newsroom/finances/. F990_P11_S00_L05 Form 990, Part XI, Line 5 $28,478,329 Unrealized Gains + $2,964,084 Post Retirement Related Changes other than net periodic pension costs + $722,633 Change in Split Interest Agreement + $30,544 Rental Activity Expenses = $32,195,590 Southwestern Foundation 1001 East University Avenue Georgetown TX 78626 742736740 Maintain property for SU benefit & support TX 501(c)(3) Type I - Line 11a Southwestern University 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 Southwestern Foundation n 777799 Gross wages for shared employees. Extension was filed.