2011-03-01T10:45:59-06:00 2010-06-30 Baker Tilly Virchow Krause LLP 225 S 6th St Ste 2300 Minneapolis MN 55402 990 2009-07-01 910473310 Whitworth University WHIT 5097773243 300 W Hawthorne Road Spokane WA 99251 BRIAN L BENZEL 5097773243 2011-02-22 1 6128764500 2009 2016-02-24 21:20:13Z BRIAN L BENZEL 300 W Hawthorne Road Spokane WA 99251 97389057 0 X www.whitworth.edu X 1890 WA SINCE 1890, WHITWORTH HAS HELD FAST TO ITS FOUNDING MISSION OF PROVIDING "AN EDUCATION OF MIND AND HEART" THROUGH RIGOROUS INTELLECTUAL INQUIRY GUIDED BY DEDICATED CHRISTIAN SCHOLARS. RECOGNIZED AS ONE OF THE TOP REGIONAL COLLEGES AND UNIVERSITIES IN THE WEST, WHITWORTH UNIVERSITY HAS AN ENROLLMENT OF 2,989 STUDENTS AND OFFERS 60 UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS. IN RECENT YEARS, WHITWORTH HAS ENJOYED RECORD LEVELS OF STUDENT ENROLLMENT AND RETENTION, THE STRONGEST FINANCIAL POSITION IN THE UNIVERSITY'S HISTORY, AND INCREASED EXTERNAL VISIBILITY. 36 35 2190 27 390898 -120651 7777802 9003232 69922971 74238248 -614513 11713659 -277007 -32368 76809253 94922771 23646485 27730535 0 36422735 35046240 37451 0 3295402 20124305 23574202 80230976 86350977 -3421723 8571794 165564764 204464085 49602557 83504504 115962207 120959581 Since 1890, Whitworth has held fast to its founding mission of providing "an education of mind and heart" through rigorous intellectual inquiry guided by dedicated Christian scholars. 0 0 53996658 27730535 62581053 Instruction: Whitworth University's Enrollment (2009-10) Undergraduate: 2,700; Graduate: 289.Under-Represented Ethnic Enrollment Undergraduate: 18.4 percent. Six-Year Graduation Rate (2009-10): 79.3 percent of first-time, full-time students enrolled in fall 2004 graduated within six years. Freshman-to-Sophomore Retention Rate (2009-10): 85.4 percent. The university offers 60 undergraduate and graduate degree programs; the most prominent are Accounting, Education, Art and Music. Whitworth is over 60% done with the new Chemistry and Biology academic building project at a cost of $31.0 Million. 7396758 1959330 Student Services: Whitworth's Residence halls and/or on-campus houses/apartments accommodate over 1,400 students (Fall 2010). Whitworth has a two-year residency requirement. Whitworth's newest residence hall, currently known as East Hall, was dedicated in September 2009. The building is the academic-year home to 170 Whitworth students. Student clubs and organizations: Whitworth has nearly 40 student clubs, ranging from Amnesty International to the Hawaiian Club. Recent Student Highlights: 2010 President's Cup winners (who maintained a 4.0 GPA throughout their college careers) six students. One of those students also received a full-tuition scholarship and a stipend to conduct research in the Lasers and Applied Physics Doctorate Program at Princeton University. The award amounts to $65,000-70,000 per year for up to six years. Three 2010 graduates have been awarded Fulbright assistantship grants to teach English as a foreign language in Argentina and Malaysia, and Belgium. Also In 2010, Whitworth's student-run newspaper, The Whitworthian, won first place in its division at the 2009 National Mark of Excellence Awards, sponsored by the Society of Professional Journalists; for the sixth time in the past 12 years, the Whitworth Jazz Ensemble was named Outstanding College Band at the Lionel Hampton Jazz Festival. 7185198 9288494 Auxiliary Services: Whitworth University provides dining services to over 1,400 students resident students and to the many other students who live off campus, the university also provides access to purchasing books and supplies at its campus bookstore. In fiscal year 2010, the auxiliary services generated gross revenues of over $11.0 Million that supported the academic and students services provided to 2,989 undergraduate and graduate students registered at the university. 1143796 1143796 69722410 1 1 0 1 0 0 0 0 1 1 0 1 1 1 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 1 1 0 0 1 177 0 2190 1 1 1 1 CJ CS 0 0 0 1 1 0 0 0 36 35 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X Luz Merkel 5097774225 300 W HAWTHORNE ROAD SPOKANE WA 99251 REV DR PETER B BARNES 1.00 X 0 0 0 JAMES S BENNETT JR 1.00 X 0 0 0 CHARLES L BOPPELL 1.00 X 0 0 0 Meghan Brown 1.00 X 0 0 0 SCOTT C CHANDLER 1.00 X 0 0 0 DEBRA K COZZETTO 1.00 X 0 0 0 Linda Cunningham 1.00 X 0 0 0 WILLIAM P CURRY 1.00 X 0 0 0 Clark Donnell 1.00 X 0 0 0 Scott Dudley 1.00 X 0 0 0 CURTIS ESTES 1.00 X 0 0 0 WILLIAM C FIX 1.00 X 0 0 0 Kathleen Goodrich 1.00 X 0 0 0 GARY J HOPKINS 1.00 X 0 0 0 Michael Keenan 1.00 X 0 0 0 Brian Kirkpatrick 1.00 X 0 0 0 Andrea Lairson 1.00 X 0 0 0 Lee Augustus 1.00 X 0 0 0 Bob McConkey 1.00 X 0 0 0 Alan McGinnis 1.00 X 0 0 0 JAMES MUNYON 1.00 X 0 0 0 REV DR RICHARD MURRAY 1.00 X 0 0 0 DAVID G MeYERS 1.00 X 0 0 0 WALTER M OLIVER 1.00 X 0 0 0 Rev Gayle Parker 1.00 X 0 0 0 Mark Poe 1.00 X 0 0 0 JOHN DAVID ROBBLEE 1.00 X 0 0 0 KENNETH M ROBERTS 1.00 X 0 0 0 STEVE SCOTFORD 1.00 X 0 0 0 JUDI SHUPPER 1.00 X 0 0 0 REV DR JAMES M SINGLETON 1.00 X 0 0 0 JAN MORROW SKAGGS 1.00 X 0 0 0 ANNE MCCULLOCH STORM 1.00 X 0 0 0 ARTHUR E SYMONS JR 1.00 X 0 0 0 REV DR MARK J TOONE 1.00 X 0 0 0 WAYNE WILLIAMS 1.00 X 0 0 0 WILLIAM P ROBINSON 40.00 X 277966 0 121481 Brian Benzel 40.00 X 149256 0 17055 MICHAEL LE ROY 40.00 X 142789 0 16959 KATHY STORM 40.00 X 125807 0 26434 FRED PFURSICH 40.00 X 123283 0 42290 Dale E Soden 40.00 X 120866 0 14316 Scott McQuilkin 40.00 X 111285 0 40863 KRISTI BURNS 40.00 X 138116 0 14273 1189368 0 293671 16 1 1 0 Bouten Construction Co PO Box 3507 Spokane WA 99220 Construction 5464334 Vandervert Construction Inc 608 E Holland Ave Spokane WA 99218 Construction 1320036 Miller Hull Partnership LLP 71 Columbia 6th Flr Seattle WA 98104 Construction 414438 Royall & Company 1920 E Parham Rd Richmond VA 23228 Mailing List Services 311231 Edwards Lalone Travel 221 W Main Spokane WA 99201 Travel Agency 288068 11 10350 1475417 3377410 4140055 900513 9003232 TUITION AND FEES 611710 62581053 62581053 Auxiliary enterprises 611710 9697865 9288494 409371 Sales and Services of 611710 1959330 1959330 74238248 11508563 -18473 11527036 80402 80402 465178 573282 -108104 -108104 -108104 891069 766375 124694 124694 124694 36483 10350 17695 18788 18788 1165882 1108934 56948 56948 94922771 73828877 390898 11699764 27730535 27730535 439353 65903 221682 151768 26981285 20210073 5701690 1069522 1826345 1205388 529640 91317 3908655 2579712 1133510 195433 1890602 1247797 548275 94530 167601 67040 92181 8380 93324 93324 441078 404390 36688 860106 498862 318239 43005 500657 375493 125164 1835083 1024382 684592 126109 1067189 586954 298813 181422 1846 1846 2433827 1703679 608457 121691 1416187 566475 424856 424856 1361120 748616 340280 272224 1834105 1834105 6680320 5010240 1536474 133606 Board Expenses 2808004 2808004 Federal grants admin ex 794058 794058 Equipment and Repairs 572523 286262 200383 85878 Miscellaneous 391713 235028 117514 39171 Subscriptions and Publi 315461 141958 78865 94638 86350977 69722410 13333165 3295402 9156738 12068557 4909507 4854971 1597725 1472084 125000 4505468 4483310 500997 581131 422323 661238 131197747 47392741 72055150 83805006 25550040 25117355 31093694 34381818 15648122 37038615 165564764 204464085 12625723 12268698 3648516 3595505 1171134 1553591 30119786 63937914 2037398 2148796 49602557 83504504 X 59845492 44949770 4402066 20942503 51714649 55067308 115962207 120959581 165564764 204464085 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 1 2977 0 0 1 10000 12977 0 Part II-B, Line 1i: Explanation of Other Lobbying Activities: THE UNIVERSITY HIRED A PROFESSIONAL LOBBYING FIRM TO FURTHER A FEDERAL APPROPRIATION INITIATIVE FOR FUNDS FOR A FUTURE WHITWORTH SCIENCE BUILDING PROJECT. THE UNIVERSITY MADE $10,000 IN PAYMENTS TO THE CONTRACTOR AND THEN CANCELED THE CONTRACT. THE UNIVERSITY ALSO BELONGS TO THE INDEPENDENT COLLEGES AND UNIVERSITIES OF WASHINGTON STATE AND AS SUCH PARTICIPATES IN THE LOBBYING ACTIVITIES OF SUCH ORGANIZATIONS. ICW INDICATED THE ESTIMATED AMOUNT OF THE UNIVERSITY FEES DEDICATED TO LOBBYING IN FY 2010 WAS $2,977 73923116 3080981 5362563 2313410 80053250 93721329 2167243 -19531262 2434194 73923116 0.10000 0.68000 0.22000 1 0 5561315 5561315 85777265 32971232 52806033 12074563 7231700 4842863 27784604 7189809 20594795 83805006 Tips 2033223 F Equity Index Fund 8674411 F Global Fixed income 4636047 F Commodities 1871965 F Real Estate Investment 3768876 F Notes Rec. Coll/real estate 229021 F Single premium life ins. policy 129558 F Limited partnerships 2631979 F Private equity funds 1485167 F Hedge funds 7680293 F Other Investments 1241278 F 34381818 Beneficial Interest in assets held by others 15125639 dEFERRED dEBT ACQUISITION COSTS 538692 Deposits held by trustee 21374284 37038615 Student deposits 1345520 Asset retirement obligation 803276 2148796 94922771 86350977 8571794 -4412072 837652 -3574420 4997374 65499811 -4412072 2719647 -1692425 67192236 27730535 27730535 94922771 60328517 1708075 1708075 58620442 27730535 27730535 86350977 Part V, Line 4: Description of Intended Use of Endowment Funds: The endowment funds are mainly used to provide scholarship support to students so that they can attend the university. Some of the funds are also used to provide funding support for research and departmental activities. Part X: Description of Uncertain Tax Positions Under FIN 48: In accordance with the accounting standard on Accounting for Uncertainty in Income Taxes, the University addresses the determination of whether tax benefits claimed on a tax return should be recorded in the financial statements. Under this guidance, the University may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merit of the position. Examples of tax positions include the tax-exempt status of the University and various positions related to the potential sources of unrelated business taxable income. There were no significant unrecognized tax benefits identified or recorded as liabilities during fiscal year 2010. Open tax years subject to examination by the U.S. taxing authorities are for the years 2007 to 2009, which statutes expire in 2010 to 2012, respectively. Part XI, Line 8: Loss on Refinancing of Debt: ($1,615,908) Actuarial Adjustment on Retiree Health Plan: $978,141 Net Income from the Foundation: $1,011,572 Change in net assets of the Foundation per Financial Statement: $463,847 Part XII line 2d Foundation Revenue: $1,019,736 Cost of Goods Sold at Bookstore: $1,108,934 Rental Expenses: $573,282 Fundraising Event Expenses: $17,695 Part XII line 4b Tuition discounting: $25,103,513 Pell Grant Revenue: $2,627,022 Part XIII line 2d Foundation: $8,164 Cost of Goods Sold at Bookstore: $1,108,934 Rental Expenses: $573,282 Fundraising Event Expenses: $17,695 Part XIII line 4b Tuition discounting: $25,103,513 Pell grant revenue: $2,627,022 1 1 1 The non-discrimination policy is published in all student brochures and websites. The policy is also published in the local newspaper at least once during the fiscal year. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 WHITWORTH UNIVERSITY PARTICIPATES IN THE FEDERAL FINANCIAL AID PROGRAM AND AS SUCH, MANAGES FEDERAL AND STATE AID THAT IS ALLOCATED TO THE STUDENTS. 1 Central America and the Caribbean 1 0 Program Services - Loan to Whitworth Costa Rica Limitada 2452832 1 0 2452832 Pirate Night 46833 10350 36483 5717 250 11728 46833 10350 36483 5717 250 11728 17695 18788 1 Financial aid for tuition, room and board expenses 2747 27730535 book Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Students must submit their FAFSA Federal Form to document their need for federal financial aid. Once the financial aid is awarded, the grants are transmitted to the students' institutional accounts to pay for tuition charges, there is also a follow up process during the semester and school year to ensure the academic credits completion and satisfactory academic process before additional financial aid is awarded. X X X X X 1 1 X X X X X X 1 0 0 0 0 0 0 0 0 WILLIAM P ROBINSON 268508 0 0 0 9458 0 84715 0 36766 0 399447 0 0 0 Brian Benzel 149256 0 0 0 0 0 12076 0 4979 0 166311 0 0 0 MICHAEL LE ROY 142789 0 0 0 0 0 11984 0 4975 0 159748 0 0 0 KATHY STORM 125807 0 0 0 0 0 9196 0 17238 0 152241 0 0 0 FRED PFURSICH 123283 0 0 0 0 0 9731 0 32559 0 165573 0 0 0 Scott McQuilkin 111285 0 0 0 0 0 8407 0 32456 0 152148 0 0 0 KRISTI BURNS 138116 0 0 0 0 0 10929 0 3344 0 152389 0 0 0 Washington Higher Education Facilities Authority 911306482 939781YF1 2009-11-01 63720000 Construction 0 0 63720000 4299656 24600388 553250 35190000 2011 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 Ray Lawton Trustee 63568 Printing materials purchased 0 Vandervert Construction Family member of Debra Cozzetto is one of the owners of the company 1320036 Construction 0 X 1 42125 APRAISAL X 7189 APRAISAL X 9 794665 market X other 9 56535 market 1 0 1 0 Form 990, Part VI, Section A, line 1 The Executive Committee of the Board of Trustees (Board) consists of the President, Chairperson, Vice Chairperson(s), Secretary, Treasurer, the Chairperson and Vice Chairperson of each standing committee and two members at large designated by the Board. The Executive Committee acts during intervals between meetings of the Board and is subject to the control and direction of the Board at all times. During such intervals, and subject to such control and direction, the Executive Committee has and may exercise all of the authority and powers of the Board in the management and affairs of the University, subject to such limitations as the Board may impose. The Executive Committee shall meet when called by the Chairperson. Seven members of the Executive Committee shall constitute a quorum at meetings of the Executive Committee. The Executive Committee keeps regular minutes of its proceedings and reports the same to the Board. Form 990, Part VI, Section A, line 6 The members of the corporation shall be the president and those individuals who are members of the board of trustees of the corporation. Form 990, Part VI, Section B, line 11 The Board of Trustees has delegated the review responsibility to its Audit Committee. Once the review is completed the 990 will be set in a secure website for the Board's inspection and review before filing the 990. Form 990, Part VI, Section B, line 12c Staff and faculty: We tie the completion of the conflict of interest disclosure form to being able to authorize or request any transaction for the university at the beginning of the fiscal year. This is tracked in a database. Trustees: The secretary of the Board, ensures that every trustee completes the disclosure form every fall meeting. If anyone's form is missing, she or her assistant follow up until the form is completed. Then, the Audit Committee reviews those forms with disclosed conflict during the fall meeting for the staff and faculty and during the spring for trustees. Form 990, Part VI, Section B, line 15 Compensation for key officers reporting to the president was reviewed by the Executive Compensation Committee of the board of trustees in June 2009; this process involved an independent analysis by an outside consultant who compared compensation for these individuals against peer institutions. These key employees include the vice president for academic affairs, the vice president for student life, the vice president for planning, the vice president for admission and financial aid, and the vice president for finance and administration. Compensation for the president was reviewed by the Executive Compensation Committee of the board of trustees in April 2010; this process involved an independent analysis by an outside consultant who compared compensation for these individuals against peer institutions. Form 990, Part VI, Section C, line 19 Governing documents and conflict of interest statements are available upon request. Fianancial statements are available at the university's website FORM 990, PART XI, Line 2c The oversight and selection process has not changed from prior year. The whitworth foundation 300 W HAWTHORNE RD SPOKANE WA 99251 237232067 fundraising support for Whitworth University WA 501(c)(3) 11b Whitworth University Whitworth Costa Rica Limitada Calle 7 Avenidas 7 y 9 Edificio San Jose CS Educational Institution CS Whitworth University C 1.00000 1 0 1 1 0 0 0 0 0 0 1 0 1 1 1 1 1 1 The Whitworth Foundation R 1475417 Whitworth Costa Rica Limitada D 2452832