2012-05-21T13:22:33-07:00 2011-05-31 990 2010-06-01 930401259 UNIVERSITY OF PORTLAND UNIV 5039437337 5000 N Willamette Blvd Portland OR 972035798 Alan Timmins 5039437507 2012-03-05 2010 2016-02-24 21:20:13Z Rev E William Beauchamp 5000 N Willamette Blvd Portland OR 97203 187375670 0 X www.up.edu X 1935 OR The University of Portland, an independently governed Catholic university guided by the Congregation of Holy Cross, addresses significant questions of human concern through interdisciplinary studies of the arts, sciences, and humanities and through studies in majors and professional programs at the undergraduate and graduate levels. As a diverse community of scholars dedicated to excellence and innovation, we pursue teaching and learning, faith and formation, leadership and service in the classroom, residence halls, and all activities of campus life. Because we value the development of the entire person, the university honors faith and reason as ways of knowing, promotes ethical reflection, and prepares people who respond to the needs of the world and its human family. 50 42 2751 75 341228 22392 11832490 16196219 127789481 146334086 -2990570 4136465 -13850 -980 136617551 166665790 44252248 54127428 0 0 54332682 58987517 0 0 2326367 36167852 38346928 134752782 151461873 1864769 15203917 312174958 335860972 107044647 103667954 205130311 232193018 The University of Portland, an independently governed Catholic university guided by the Congregation of Holy Cross, addresses significant questions of human concern through interdisciplinary studies of the arts, sciences, and humanities and through studies in majors and professional programs at the undergraduate and graduate levels. As a diverse community of scholars dedicated to excellence and innovation, we pursue teaching and learning, faith and formation, leadership and service in the classroom, residence halls, and all activities of campus life. Because we value the development of the entire person, the university honors faith and reason as ways of knowing, promotes ethical reflection, and prepares people who respond to the needs of the world and its human family. 0 0 54127428 54127428 0 Student Financial Aid Programs: A high-quality, personalized education at the University of Portland is an investment in each student's future success. We recognize that some students and their families may need assistance to meet some of their college costs, and we strive to help fill the gap between the cost of attendance and funds available to each student. We connect students with a wide range of internal and external funding options, but the expenses included in this category reflect scholarships and grants through institutional funds, annual and endowed gifts, and matching of government funds. 40601713 0 123980683 Postsecondary Education: The primary mission of the University of Portland is education. 3,887 students were enrolled in 2010-11 in the College of Arts and Science, Pamplin School of Business, School of Education, School of Nursing, and Shiley School of Engineering. The University has been repeatedly recognized as one of the top ten master's universities in the west. 24479199 0 20193468 Extracurricular Programs and Campus Life: The University of Portland recognizes that an education should develop the entire person and accordingly maintains diverse and comprehensive extracurricular programs on campus. Expenses and revenues listed here include residence halls, dining, NCAA Division I athletics, and conferences. 8722178 0 2159934 Student Services Programs: The University of Portland provides comprehensive support programs for our students to enable and promote their academic pursuits as well as their personal growth. Expenses in this category include International Student Services, Health and Career Services, Admissions, Registrar, Student Government and Activities, Financial Aid, and Intramurals. 3581197 0 0 Library Programs: The Wilson W. Clark Memorial Library serves the University of Portland community as a dynamic teaching library. The library accomplishes this through interactive instruction, by acquiring and organizing multi-format collections that support the curriculum, and by facilitating access to resources in the library and beyond. 12303375 0 2159934 131511715 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 0 0 1 1 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 1 1 0 0 0 1 0 0 0 0 1 X 200 0 1 2751 1 1 0 1 AU 0 0 0 1 1 0 0 0 0 X 50 42 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 1 1 0 OR X X Alan Timmins 5039437507 5000 N Willamette Blvd Portland OR 972035798 X Mr Joseph B Allegretti 0 X 0 0 0 Mr Thomas D Arndorfer 0 X 0 0 0 Mr Richard Baek 0 X 0 0 0 Mr John M Becker 0 X 0 0 0 Mr Ralph G Bliquez 0 X 0 0 0 Mr John G Block 0 X 0 0 0 Mrs Mary R Boyle 0 X 0 0 0 Mrs Nancy K Bryant 0 X 0 0 0 Mrs Annie T Buell 0 X 0 0 0 Ms Sarah N Carroll 0 X 0 0 0 Mr Matthew W Chapman 0 X 0 0 0 Mr Earle M Chiles 0 X 0 0 0 Mr Kevin M Cooper 0 X 0 0 0 Mr Russell E Danielson 0 X 0 0 0 Mr Frank D Dulcich 0 X 0 0 0 Rev Carl F Ebey CSC 0 X 0 0 0 Mr Robert W Franz 0 X 0 0 0 Mr Mark B Ganz 0 X 0 0 0 Rev Peter A Jarret CSC 0 X 0 0 0 Ms Patricia K Johnson 0 X 0 0 0 Mr Charles Keller 0 X 0 0 0 Mr Patrick H Kessi 0 X 0 0 0 Rev James R Lackenmier CSC 0 X 0 0 0 Mr Keith R Larson 0 X 0 0 0 Rev William Lies CSC 0 X 0 0 0 Mr D Allen Lund 0 X 0 0 0 Mr Luis Machuca 0 X 0 0 0 Rev Edward A Malloy CSC 0 X 0 0 0 Mr Ralph Miller 0 X 0 0 0 Mr Timothy J Morgan 0 X 0 0 0 Rev Francis J Murphy CSC 30 X 40941 0 9318 Mr James P Murphy 0 X 0 0 0 Mr James T Price 0 X 0 0 0 Mrs Larree M Renda 0 X 0 0 0 Dr Don V Romanaggi 0 X 0 0 0 Rev John Ryan CSC 0 X 0 0 0 Mr Stephen L Shepard 0 X 0 0 0 Ms Darlene Shiley 0 X 0 0 0 Ms Milann Siegried 0 X 0 0 0 Mr Karl A Smith 0 X 0 0 0 Mr Edwin A Sweo 0 X 0 0 0 Mr William R Tagmyer 0 X 0 0 0 Mr Thomas J Tomjack 0 X 0 0 0 Ms Kay Dean Toran 0 X 0 0 0 Rev David T Tyson CSC 0 X 0 0 0 Mr Ted R Winnowski 0 X 0 0 0 Mr Eugene J Wizer 0 X 0 0 0 Mr Darryl P Wong 0 X 0 0 0 Dr Carolyn Y Woo 0 X 0 0 0 Rev E William Beauchamp CSC 40 X X 299692 0 73079 Bro Donald Stabrowski CSC 40 X 177309 0 25040 Mr Jim Lyons 40 X 145475 0 32728 Mr John Goldrick 40 X 154817 0 60460 Mr Denis Ransmeier 40 X 172370 0 20512 Mr Jim Ravelli 40 X 161944 0 16858 Mr Robin Anderson 40 X 217207 0 39813 Mr Zia Yamayee 40 X 157159 0 23409 Ms Joanne Warner 40 X 154963 0 24890 Mr Larry Williams 40 X 161270 0 32225 Mr Thomas Greene 40 X 159631 0 18561 Mr Eric Reveno 40 X 321285 0 50960 Mr Mojtaba Takallou 40 X 187121 0 37350 Mr Howard Feldman 40 X 141372 0 32395 Mr Arjun Chatrath 40 X 145163 0 26273 Ms Nicole DeHoratius 40 X 152817 0 19469 2950536 0 543340 44 0 1 0 Bon Appetit Management Co 100 Hamilton Ave Ste 400 Palo Alto CA 94301 Food Services 5815194 Kaiser Foundation Health Plan of the NW 3600 N Interstate Ave Portland OR 97227 Health Plan 3927857 Todd Construction Inc PO Box 949 Tualatin OR 97062 Construction 2797984 INX Inc 10725 SW Barbur Blvd Portland OR 97219 Information Technology 589327 Aon Risk Insurance Services West Inc 1211 SW 5th Ave Ste 600 Portland OR 97204 Insurance 534337 51 0 0 125705 0 1095422 14975092 4347050 16196219 Tuition and Fees 900099 117591294 117591294 0 0 Room and Board 721000 17429674 17429674 0 0 Off-Campus Programs 900099 6389389 6389389 0 0 Athletics 900099 2223810 1935025 288785 0 2699919 2459118 34244 206557 146334086 1204909 0 0 1204909 98376 0 0 98376 16965 0 0 16965 0 0 0 0 0 0 0 0 0 0 23455385 0 20622205 0 2833180 0 2833180 0 18199 2814981 68930 125705 86975 -18045 0 -18045 800 700 100 0 0 100 0 0 0 0 0 0 0 166665790 145804500 341228 4323843 0 0 51742439 51742439 2384989 2384989 0 0 2263257 1211368 869839 182050 0 0 0 0 41867889 33754569 6908882 1204438 3305629 2682003 531396 92230 8107350 5224527 2805669 77154 3443392 2734527 602713 106152 0 0 0 0 236407 0 236407 0 99598 0 99598 0 0 0 0 0 0 0 103588 0 103588 0 953229 628236 324993 0 455368 167985 258684 28699 3352602 1939509 1392762 20331 949272 39367 908492 1413 49859 49859 0 0 3720394 3142956 577349 89 2833882 2244116 350031 239735 0 0 0 0 2857151 1687784 1067299 102068 3641342 3300680 340662 0 0 0 0 0 5598149 3560548 2037601 0 573609 567717 29 5863 Non-Capitalized Library Acquisitions 868996 868996 0 0 Non-Professional Services 5660479 4173908 1329524 157047 Dining Hall Service 5019159 5019159 0 0 Allocation of Indirect Expenses Reported in Column C -156561 3281449 -3527073 89063 1530405 1105024 405346 20035 151461873 131511715 17623791 2326367 15182 25832 6688868 8995280 18510708 13410627 4164246 4164246 0 0 0 0 4522171 4522171 0 0 887852 887852 253336649 81231017 170120944 172105632 22831152 29247992 82373573 100567000 0 0 0 2060262 1934340 312174958 335860972 6523961 6540220 0 0 8894030 8894030 80971359 78804346 0 0 0 0 0 0 0 0 10655297 9429358 107044647 103667954 X 108387508 114650462 36189513 47054578 60553290 70487978 205130311 232193018 312174958 335860972 X 15203917 11858790 X X 0 0 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X X X 0 87175501 6915123 14358817 1968252 1650450 0 104830739 74082444 4788487 11472608 1732782 1435256 0 87175501 99889494 2676606 -23703012 2033521 2747123 0 74082444 0.17 0.83 0 1 0 0 4034461 4034461 0 175956633 34127399 141829234 0 0 0 0 0 42071650 35790077 6281573 0 31273905 11313541 19960364 172105632 0 F 0 F Beneficial interest in assets held by others 91567000 F Private equity investments 9000000 F 100567000 0 Long-term obligation to EPA environmental trust 1000000 Annuitites Payable 5386624 Advances from federal government for student loans 3042734 9429358 SchD_P03_S00_L01 Schedule D, Part III, Line 1 The University has elected not to carry our collections on the balance sheet. Collections are immaterial in size and no note regarding SFAS 116 is included with our financial statements. In previous 990s a small carrying amount for collections was incorrectly listed. SchD_P03_S00_L04 Schedule D, Part III, Line 4 The mission of the University of Portland Archives and Museum is to collect, access, arrange, preserve, and make available records and artifacts of enduring historical value created or received by the University of Portland for research, instructional, or administrative use. Archival materials collected include University publications and records, photographs, blueprints and architectural drawings, pamphlets and posters, and books published by or about members of the University community. Museum materials collected include historical, religious, educational and cultural objects related to the University, artwork of or by the University and its members, photographs, and printed or published items to support museum displays. Collections are projected to remain limited, of high quality, and focused in the areas noted above. SchD_P05_S00_L03ai Schedule D, Part V, Line 3a(i) The University invests most of its endowment with a religious affiliate that shares the University's Catholic ministry and education mission. These assets are held in the affiliate's endowment and are invested for the University's benefit. SchD_P05_S00_L04 Schedule D, Part V, Line 4 The endowment supports a wide spectrum of campus life including student scholarships, faculty development efforts, the library, and a variety of other academic and student service programs. SchD_P06_S00_L01a Schedule D, Part VI, Line 1a Record keeping of fixed assets was on a 13-month basis to coincide with the extended 2010-11 fiscal year covering June 1, 2010 to June 30, 2011. Fixed asset balances in the 1 month 990 for June 2011 reconcile to our audited financial statements. 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 advertisement stating our racially nondiscriminatory policy was placed in the primary regional newspaper in the spring. Additionally, the policy is featured on our website. SchE_P01_S00_L06 Schedule E, Part I, Line 6 The University participates in a variety of federal and state student grant and aid programs, including Pell Grants, Academic Competitiveness Grants, SMART Grants, Supplemental Educational Opportunity Grants, and Oregon Opportunity Grants. 1 Europe (including Iceland and Greenland) 1 6 Program Services Study abroad programming 3133495 North America (including Canada and Mexico, but not the United States) 0 2 Program Services Study abroad programming 573887 East Asia and the Pacific 0 1 Program Services Study abroad programming 1208355 1 9 4915737 Scholarships for tuition, fees, and room & board Europe (including Iceland and Greenland) 108 1531530 Credit to student account Scholarships for tuition, fees, and room & board North America (including Canada and Mexico, but not the United States) 97 522629 Credit to student account Scholarships for tuition, fees, and room & board East Asia and the Pacific 21 330831 Credit to student account 0 0 0 0 1 0 SchF_P01_S00_L02 Schedule F, Part I, Line 2 Scholarships and grants are distributed to students by posting the funds directly to their student accounts to offset charges for tuition, fees, and room and board. Any remaining credit is refunded to the student via check or direct deposit for use in purchasing books, housing, food, etc. Golf Tournament 98750 87670 11080 0 0 27679 0 0 3218 Golf Tournament 43810 17300 26510 0 4438 15500 8264 0 0 2 52075 20735 31340 0 1800 11751 9118 5207 0 194635 125705 68930 0 6238 54930 17382 5207 3218 86975 -18045 1 Scholarships from institutional funds for tuition, fees, and room & board 3562 48878672 0 Scholarships from annual donations for tuition, fees, and room & board 38 615083 0 Scholarships from endowed donations for tuition, fees, and room & board 607 1772027 0 Scholarships from institutional match of government funds for tuition, fees, and room & board 94 476657 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 Scholarships and grants are distributed to students by posting the funds directly to their student accounts to offset charges for tuition, fees, and room and board. Any remaining credit is refunded to the student via check or direct deposit for use in purchasing books, housing, food, etc. X X X X 0 1 X X 0 0 0 0 0 0 0 0 0 Rev E William Beauchamp CSC 278814 0 0 0 20878 0 30670 0 42409 0 372771 0 0 0 Bro Donald Stabrowski CSC 172709 0 0 0 4600 0 18998 0 6042 0 202349 0 0 0 Mr Jim Lyons 139018 0 0 0 6457 0 15693 0 17035 0 178203 0 0 0 Mr John Goldrick 147792 0 0 0 7025 0 16745 0 43714 0 215276 0 0 0 Mr Denis Ransmeier 170880 0 0 0 1490 0 17311 0 3201 0 192882 0 0 0 Mr Jim Ravelli 159271 0 0 0 2672 0 7489 0 9369 0 178801 0 0 0 Mr Robin Anderson 208418 0 0 0 8789 0 23616 0 16197 0 257020 0 0 0 Mr Zia Yamayee 156199 0 0 0 960 0 17211 0 6198 0 180568 0 0 0 Ms Joanne Warner 153795 0 0 0 1167 0 17211 0 7679 0 179852 0 0 0 Mr Larry Williams 153720 0 0 0 7550 0 17100 0 15126 0 193496 0 0 0 Mr Thomas Greene 159129 0 0 0 502 0 17515 0 1046 0 178192 0 0 0 Mr Eric Reveno 273889 0 25996 0 21400 0 34972 0 15988 0 372245 0 0 0 Mr Mojtaba Takallou 90150 0 0 0 96972 0 20931 0 16419 0 224472 0 0 0 Mr Howard Feldman 139049 0 0 0 2323 0 16082 0 16313 0 173767 0 0 0 Mr Arjun Chatrath 142623 0 0 0 2540 0 16071 0 10202 0 171436 0 0 0 Ms Nicole DeHoratius 150417 0 0 0 2400 0 16810 0 2659 0 172286 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a See explanation for Line 1b. SchJ_P01_S00_L01b Schedule J, Part I, Line 1b First class travel is allowed only for flights exceeding 8 hours and with officer approval per written policy. University residences (on-campus) are only provided to University employees who are required to be available on campus at all hours; the President is also provided with basic housekeeping services. Social/business association memberships are provided in limited circumstances with officer approval when required for development activities per written policy. State of Oregon-Oregon Facilities Authority 936001787 00068608J 2007-12-20 86727005 See Part V 0 0 0 7900000 0 86727005 6135257 0 32582827 1031436 0 0 47003879 0 0 2010 1 1 1 1 0 1 0 0 0 0.001 0 0.001 1 0 0 0 0 0 0 SchK_P01_S00_L00e Schedule K, Part I, Column e Part I Column e reports an accurate issuance price of $86,727,005. The instructions for Column e say to report the amount listed on Row 21 of Form 8038, but that form erroneously lists an issue price of $87,727,005. Row 18 of the Form 8038 shows the correct issue price. SchK_P01_S00_L00f Schedule K, Part I, Column f Description of purpose for tax-exempt bond: Land acquisition and building projects - $47,003,879; Bond issuance costs - $1,031,436; Reserve fund - $6,108,863; Refunding of 1997 and 2000 issues - $32,582,827. Kristin Bryant Family member of Nancy Bryant, Regent 54808 Employment 0 Ralph Miller Regent 250000 See Part V 1 Fr James Lies CSC Family member of Fr William Lies CSC, Regent 65527 Employment 0 SchL_P04_S00_L00 Schedule L, Part IV In fiscal year 2010-11 Regent Ralph Miller transferred $250,000 to an investment account to be managed by the University's student investment club. The arrangement is meant to provide a unique learning experience to finance students by providing them the opportunity to manage a portfolio of real investments. Investment gains will be split between Mr. Miller and the University according to a contractually agreed upon calculation performed annually. The University has no obligation to make up any losses that may occur. The arrangement is open ended but the initial $250,000 will revert to Mr. Miller upon dissolution. X 2 2501 Opinion of expert, default $1 X 7681 Appraisal, Default $1 X 129 Purchase price X 40 4319619 Market quote X 1 1 Default $1 X Auto Lease 1 7225 Market rate X Classroom and lab equipment 5 9892 Purchase price, market rate, default $1 X Travel and event vouchers 2 2 Default $1 1 0 1 1 SchM_P01_S00_L00 Schedule M, Part I Number of contributions is being reported in column b. SchM_P01_S00_L01 Schedule M, Part I, Line 1 "Default $1" - When a third party valuation (such as market price or independent appraisal) is not readily available for a non-cash gift the University of Portland recognizes revenue of $1 per gift. SchM_P01_S00_L32b Schedule M, Part I, Line 32b The University periodically uses realtors or auction houses to assist in the disposal of gifted real property. No such third parties were used in the report year. The University also uses licensed brokers to sell gifts of marketable securities. Such sales occurred in the tax year. F990_P01_S00_L08 Form 990, Part I, Line 8 In 2011, the University changed our reporting period from a fiscal year ending on May 31 to a fiscal year ending on June 30 to better coincide with our activities and to better align financial reporting with quarterly investment return information. This change resulted in a one-time 13 month fiscal year. Our audited financial statements cover the entire 13 months, but IRS rules limit 990s to 12 months. This form, accordingly, corresponds to the 12 months ended May 31, 2011 and an additional 990 is being filed concurrently for June 2011. F990_P04_S00_L11f Form 990, Part IV, Line 11f The University's financial statements for the 13 month fiscal year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740), the text of which is included in Part XIV of Schedule D. Part IV Line 11f is marked "No" because the University's financial statement does not coincide with the tax year reported on this 990. F990_P04_S00_L12a Form 990, Part IV, Line 12a See note in Schedule O pertaining to Form 990 Part XII Line 1 F990_P05_S00_L03b Form 990, Part V, Line 3b Form 990-T will be filed concurrently with this Form 990. F990_P06_S0A_L04 Form 990, Part VI, Section A, Line 4 In May 2011 the Board of Trustees adopted the following updates to the Bylaws: creation of a standing Athletics Committee, an increase to the number of members on the Executive Committee from 13 to 14, and clarification of the dollar threshold of contracts for which the President has signing authority without Board approval. F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a The bylaws grant Congregation of Holy Cross the right to appoint up to nine board members. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The Audit Subcommittee reviewed and approved the filing, which was subsequently distributed to the entire board electronically through a website. A summary of Schedule B rather than the full Schedule was distributed to the Board and Audit Subcommittee to maintain donor confidentiality. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The salaries of all officers and key employees are reviewed by the Audit Subcommittee of the Board of Regents annually. All salaries (except the Athletic Director and Men's Head Basketball Coach) are compared to two CUPA (College & University Personnel Association) benchmarks (Masters Schools and Private Religious Schools) as well as the prior year compensation provided for the position. The Athletic Director and Men's Head Basketball Coach salaries are compared with counterpart salaries for teams in the West Coast Conference. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Financial statements are available on www.up.edu. Governing documents and conflict of interest policy are available to the public upon request. F990_P07_S0A_L01a Form 990, Part VII, Section A, Line 1a Rev Francis J Murphy CSC is employed by the university as Pastoral Care Counselor and Adjunct Instructor. All of Fr. Murphy's compensation listed in Part VII is related to his employment; he received no compensation connected to his membership on the Board of Regents. F990_P08_S00_L01a Form 990, Part VIII, Line 1a Record keeping was based upon the University's 13 month fiscal year. The combined revenues reported in this 12 month 990 and the 1 month 990 for June 2011 reconcile to our audited financial statements. F990_P09_S00_L01 Form 990, Part IX, Line 1 Record keeping was based upon the University's 13 month fiscal year. The combined expenses reported in this 12 month 990 and the 1 month 990 for June 2011 reconcile to our audited financial statements. F990_P10_S00_L01 Form 990, Part X, Line 1 Record keeping was based upon the University's 13 month fiscal year. The ending balances for the 1 month 990 covering June 2011 reconcile to our audited financial statements. F990_P11_S00_L05 Form 990, Part XI, Line 5 Other changes in net assets include unrealized investment gains (which are included in the fair market values included in the balance sheet but are excluded in revenues reported on the 990) and adjustments for rounding. F990_P12_S00_L01 Form 990, Part XII, Line 1 The University prepared financial statements for the 13 month fiscal year extending from June 1, 2010 to June 30, 2011. Those statements were audited and received an unqualified opinion. We do not have separate audited financials for the 12 and 1 month tax years being submitted on separate 990s, but the two forms in aggregate tie to our 13 month audited financials. Northwest Academic Computing Consortium Inc 3203 SE Woodstock Blvd Suite 326 Portland OR 97202 841172799 Foster development and use of academic technology OR 501(c)(3) 11 Type I N/A 0 Charitable remainder trust (17) 5000 N Willamette Blvd Portland OR 97203 Charitable trust OR N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SchR_P04_S00_L00 Schedule R, Part IV Identifying information for Charitable Trusts has been omitted to maintain donor confidentiality.