2011-04-29T16:50:52-05:00 2010-06-30 Baker Tilly Virchow Krause LLP 225 South Sixth Street Suite 2300 MINNEAPOLIS MN 55402 990 2009-07-01 941581707 GRADUATE THEOLOGICAL UNION GRAD 5106492430 2400 RIDGE ROAD BERKELEY CA 94709 Steven G Argyris 5106492433 2011-04-27 1 Lawrence H Mohr CPA 6128764500 2009 2016-02-24 21:20:13Z Steven G Argyris 2400 RIDGE ROAD BERKELEY CA 94709 28955179 0 X WWW.GTU.EDU X 1962 CA Founded by ecumenical pioneers in 1962, the Graduate Theological Union in Berkeley, California, is the largest and most diverse partnership of seminaries and graduate schools in the United States. Our interfaith approach attracts leading theologians, scholars of religion, and students from around the world who are pursuing new models for interreligious collaboration in teaching, research, ministry, and service. As a consortium, we have the largest theological faculty in one location in the United States. Students pursuing a Ph.D., Th.D., M.A., or one of two joint Ph.D. programs with the University of California at Berkeley share a world-class library, access to more than 700 courses across member schools and academic disciplines, and a strong sense of community. 39 38 155 0 158 -2025 1758405 2057408 6521108 6610589 225883 1755745 61241 8505396 10484983 1270346 1351175 0 4647535 4558070 0 662750 3197462 3386623 9115343 9295868 -609947 1189115 42382443 42148782 4966491 1952567 37415952 40196215 The mission of GTU is to: (1) Educate men and women for vocations of ministry and scholarship, (2) Equip leaders for a future of diverse religions and cultures, (3) Teach patterns of faith which nurture justice and peace, and (4) Serve as an educational and theological resource for local communities, the nation, and the world. 0 0 2301234 1351175 2892249 Instruction - Provided instruction, advising and other services for 353 students enrolled full time in masters and doctoral programs. 820221 Library and Educational Services - Operated the Flora Lamson Hewlett library on behalf of the Graduate Theological Union and nine member seminaries. The library is one of the most comprehensive theological libraries in the country, with 450,000 volumes, more than 1500 perodical subscriptions and 292,000 microforms and audio visual materials. The library serves future parish ministers, seminary educators, scholars, and community leaders. 242987 196198 Student Housing - The GTU provides 18 units of housing to students at rates that are below market. The student housing building has both studio and one bedroom apartments and is available to GTU students as well as to students from other member schools. Some parking is provided free of charge. 3217432 3522142 3217432 3522142 6581874 1 1 0 0 0 0 0 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 33 0 155 1 1 1 0 0 0 0 1 1 0 0 0 39 38 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 CA X Steven G Argyris 5106492430 2400 RIDGE ROAD BERKELEY CA 94709 James A Donahue 37.50 X X 197621 0 28110 Yolande C Adelson 1.00 X 0 0 0 Phyllis Anderson 1.00 X 0 0 0 Betsy L Bliss 1.00 X 0 0 0 Paul W Brandow 1.00 X 0 0 0 Kevin Burke 1.00 X 0 0 0 Philip W Butin 1.00 X 0 0 0 Mario M DiCicco 1.00 X 0 0 0 Joseph D Driskill 1.00 X 0 0 0 Robert N Janopaul 1.00 X 0 0 0 Alan D Kelchner 1.00 X 0 0 0 Timothy Light 1.00 X 0 0 0 Sara D Lipscomb 1.00 X 0 0 0 Thomas M Loarie 1.00 X 0 0 0 Paul M Martin 1.00 X 0 0 0 Joan McGrath 1.00 X 0 0 0 William McKinney 1.00 X 0 0 0 Donn F Morgan 1.00 X 0 0 0 Raquel H Newman 1.00 X 0 0 0 Christopher Ocker 1.00 X 0 0 0 Rebecca A Parker 1.00 X 0 0 0 THOMAS CERRUTI 1.00 X 0 0 0 Karl S Pister 1.00 X 0 0 0 Ebrahim Shabudin 1.00 X 0 0 0 Kim A Smith 1.00 X 0 0 0 Michale B Sweeney 1.00 X 0 0 0 EMILY FINE 1.00 X 0 0 0 Dale R Walker 1.00 X 0 0 0 DANTE R QUICK 1.00 X 0 0 0 EILEEN BITTEN 1.00 X 0 0 0 Maureen O'Brien Sullivan 1.00 X 0 0 0 ROBERT WILKINS 1.00 X 0 0 0 JUDITH LARSEN 1.00 X 0 0 0 MARION J STANTON 1.00 X 0 0 0 RICHARD E ICE 1.00 X 0 0 0 JANE NEWHALL 1.00 X 0 0 0 DAPHNE GREENE WILKINS 1.00 X 0 0 0 Arthur G Holder 37.50 X 115997 0 24477 Steven G Argyris 37.50 X 118738 0 18980 Susan Cook Hoganson 1.00 X 0 0 0 Harold T leach 1.00 X 0 0 0 John F Luikart 1.00 X 0 0 0 Mary Jo Potter 1.00 X 0 0 0 Rita R Semel 1.00 X 0 0 0 Dennis P Stratford 1.00 X 0 0 0 432356 0 71567 3 0 1 0 SUSAN SHANA PENN 2945 MAGNOLIA STREET BERKELEY CA 94705 RESEARCH 170000 1 34296 55780 1967332 2057408 Sales and Services of 611710 3522142 3522142 TUITION AND FEES 611710 2892249 2892249 Auxiliary enterprises 611710 196198 196198 6610589 251383 158 251225 17241316 2682973 17355271 1064656 -113955 1618317 1504362 1504362 79785 34296 50269 29516 29516 OTHER SOURCES 900099 31725 31725 31725 10484983 6610589 158 1816828 1351175 1351175 698493 311295 269898 117300 2825496 2044730 520403 260363 312455 188016 89547 34892 478505 318220 122502 37783 243121 150524 65563 27034 8100 4240 3860 37848 37848 57278 57278 433350 63171 370070 109 64950 56210 8740 34998 26722 5374 2902 349579 172460 149769 27350 499411 430844 40389 28178 117943 77042 32226 8675 140774 49612 37679 53483 201021 150257 50764 1154694 1083352 61635 9707 110746 3490 107256 MISCELLANEOUS 74689 58127 16562 Employee development 58807 36450 15719 6638 Taxes and memberships 42435 5937 34750 1748 9295868 6581874 2051244 662750 446303 1080809 1134217 998776 152460 168278 445914 437761 82448 140872 30829711 16274771 16167589 14554940 2611 23891326 24699357 59575 67989 42382443 42148782 425025 505100 4027925 919358 513541 528109 4966491 1952567 X 12549878 14095745 6665185 7177386 18200889 18923084 37415952 40196215 42382443 42148782 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X X Educational purposes 0 23758822 713781 1604230 1233765 24843068 31635629 955749 -7468672 1363884 23758822 0.03000 0.97000 0 0 747617 747617 16917593 7380795 9536798 2116210 1636047 480163 11048291 7257929 3790362 14554940 Money Markets 433084 F Equity securities funds 10364266 F Fixed Income Funds 2686400 F Commodities 819914 F Hedged equity 2513432 F Multi-asset funds 2772634 F Real Estate 184700 F Private Equity Funds 3526529 F Absolute return 802115 F Interest in Real Estate 121016 F Distressed Debt 475267 F 24699357 GOVERNMENT GRANTS REFUNDABLE 428109 FUNDS HELD FOR OTHERS 100000 528109 10484983 9295868 1189115 1591148 1591148 2780263 10717947 1591148 -1351175 239973 10477974 57278 -50269 7009 10484983 7937684 50269 50269 7887415 57278 1351175 1408453 9295868 Part III, Line 1a: Collections of Art are not recorded on the financial statements of Graduate Theological Union, as permitted under SFAS 116. Part III, Line 4: GTU maintains collections of fine art, books and archaeological artifacts. These items are used in the study of subjects such as art and religion, history, and scriptural studies. Students examine art, books and artifacts as part of their studies. Part V, Line 4: Description of Intended Use of Endowment Funds: Endowments support the programs of the school, including providing student financial aid and funding faculty positions. Part X: Description of Uncertain Tax Positions Under FIN 48: The Internal Revenue Service has determined that the GTU is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. It is also exempt from state income tax. However, any unrelated business income may be subject to taxation. In accordance with the accounting standard on Accounting for Uncertainty in Income Taxes, the GTU addresses the determination of whether tax benefits claimed on a tax return should be recorded in the financial statements. Under this guidance, the GTU 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 GTU 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. and state taxing authorities are for the years 2007 to 2009, which statutes expire in 2010 to 2012, respectively. Part XII, Line 2d - Other Adjustments: Grants: -1351175. Part XII, Line 4b - Other Adjustments: Fundraising Event Expenses: -50269. Part XIII, Line 2d - Other Adjustments: Fundraising Event Expenses: 50269. Part XIII, Line 4b - Other Adjustments: GRANTS: 1351175. The school has a collection of art and rare books used for display and educational purposes 1 1 1 In the Graduate Theological Union's printed materials and the website. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 THE INSTITUTION RECEIVES FINANCIAL ASSISTANCE FROM THE US GOVERNMENT IN CONNECTION WITH VARIOUS PROGRAMS SUCH AS THE PERKINS STUDENT LOAN PROGRAM AND THE FEDERAL COLLEGE WORK-STUDY PROGRAM. 1 CAMPAIGN GALA 114081 34296 79785 3113 32039 570 14547 114081 34296 79785 3113 32039 570 14547 50269 29516 1 SCHOLARSHIPS AND GRANTS PROVIDED AS FINANCIAL AID TO STUDENTS- SEE COLLEGE FOR DETAILED LIST 129 1351175 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Grants can be used for tuition only. Small stipends for living expenses provided to a small number of students. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 James A Donahue 144221 0 0 0 53400 0 15190 0 12920 0 225731 0 0 0 Supplemental Information Part III A housing allowance is provided for the President. Form 990, Part VI, Section B, line 11 The board of directors received a copy of the return after it was filed. Form 990, Part VI, Section B, line 12c The conflict of interest Policy is distributed annually and written responses to the conflict of interest questionaire are required. If a potential conflict is identified it is referred to the audit committee for determination of a conflict of interest. Form 990, Part VI, Section B, line 15a Independent members of the board comprise the compensation committee. The committee reviews comparable salaries and benefits before establishing GTU compensation for the president. For key employees and other officers, comparative data is reviewed prior to the establishment of compensation. Form 990, Part VI, Section C, line 19 Documents are available upon request. PART XI, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.