2011-01-25T09:59:25-07:00 2010-06-30 990 2009-07-01 610444825 TRANSYLVANIA UNIVERSITY TRAN 8592338100 300 North Broadway Lexington KY 40508 Marc Mathews 8592338100 2011-01-18 2009 2016-02-24 21:20:13Z Marc Mathews 300 N Broadway Lexington KY 40508 41069173 0 X www.transy.edu X 1780 KY Post Secondary Education 68 68 1192 100 0 0 8090851 5497969 33301365 33536331 -15424148 10862605 225719 194708 26193787 50091613 0 0 0 0 18635498 17084169 0 0 730644 26274411 25691108 44909909 42775277 -18716122 7316336 153157593 161749259 21639597 22914928 131517996 138834331 Post Secondary Education 0 0 37833716 33536331 Post Secondary Education: To provide undergraduate degree education, curriculum, training, resources and related expenses. 0 0 0 37833716 1 1 0 0 1 0 1 0 1 1 1 1 1 0 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 1 1 0 0 1 0 0 1 1192 1 0 0 0 0 0 68 68 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X Transylvania University 8592338100 300 North Broadway Lexington KY 40508 Joe E Coons 1 X X 0 0 0 William M Arvin 1 X 0 0 0 Glen S Bagby 1 X 0 0 0 Richard D Floyd 1 X 0 0 0 Mindy G Barfield 1 X 0 0 0 Samuel G Barnes 1 X 0 0 0 Everett A Bass 1 X 0 0 0 James G Kenan III 1 X X 0 0 0 James E Bassett III 1 X 0 0 0 William T Young Jr 1 X X 0 0 0 P J Baugh 1 X 0 0 0 Antony R Beck 1 X 0 0 0 Wayne H Bell 1 X 0 0 0 Graham J Beck 1 X 0 0 0 Richard J Corman 1 X 0 0 0 Rose Mary Stamler Dow 1 X X 0 0 0 Ann Rosenstein Giles 1 X 0 0 0 Theodore R Broida 1 X 0 0 0 Mrs W L Lyons Brown 1 X 0 0 0 Betsy Brooks Bulleit 1 X 0 0 0 Karen K Caldwell 1 X 0 0 0 Norwood Cowgill Jr 1 X 0 0 0 Alex G Campbell Jr 1 X 0 0 0 Aristides S Candris 1 X 0 0 0 John S Carroll 1 X 0 0 0 Don E Carter 1 X 0 0 0 Ballard W Cassady Jr 1 X 0 0 0 Karla J Corbin 1 X 0 0 0 Bruce C Cotton 1 X 0 0 0 Roger M Dalton 1 X 0 0 0 Luther Deaton Jr 1 X 0 0 0 Angela L Edwards 1 X 0 0 0 William S Farish Jr 1 X 0 0 0 Michael C Finley 1 X 0 0 0 James H Frazier III 1 X 0 0 0 Jacob H Graves III 1 X 0 0 0 Lois Howard Gray 1 X 0 0 0 John R Hall 1 X 0 0 0 Laura R Harper 1 X 0 0 0 Harold L Holmes 1 X 0 0 0 James L Hurley 1 X 0 0 0 Laban P Jackson Jr 1 X 0 0 0 Marion V Jackson 1 X 0 0 0 T Pearse Lyons 1 X 0 0 0 Sam Mitchell 1 X 0 0 0 Nick Nicholson 1 X 0 0 0 Earle H O'Donnell 1 X 0 0 0 William C Oehmig 1 X 0 0 0 Patricia H Riddle 1 X 0 0 0 Warren W Rosenthal 1 X 0 0 0 Claria Horn Shadwick 1 X 0 0 0 Carol G Tanner 1 X 0 0 0 Frances F Taylor 1 X 0 0 0 Joe M Thomson 1 X 0 0 0 George M Van Meter Jr 1 X 0 0 0 Elizabeth Wagner 1 X 0 0 0 A Guy Waldrop 1 X 0 0 0 Robert K Welsh 1 X 0 0 0 Garey L White 1 X 0 0 0 John N Williams Jr 1 X 0 0 0 Charles G Williamson Jr 1 X 0 0 0 Ann Orme Windley 1 X 0 0 0 Brian C Wood 1 X 0 0 0 A Byron Young 1 X 0 0 0 James F Hardymon 1 X 0 0 0 Erwin Roberts 1 X 0 0 0 John Tobe 1 X 0 0 0 Christopher Young 1 X 0 0 0 Charles Shearer 40 X 217585 0 0 William Pollard 40 X 143905 0 0 Marc Mathews 40 X 110261 0 0 Bradley Goan 40 X 80887 0 0 Sarah Emmons 40 X 90131 0 0 Michael Vetter 40 X 107254 0 0 Mark Blankenship 40 X 84301 0 0 Daniel Fulks 40 X 119586 0 0 Michael Pepper 40 X 109435 0 0 G Rod Erfani 40 X 106990 0 0 Kathleen Jagger 40 X 108049 0 0 Tylene Garrett 40 X 106320 0 0 1384704 0 0 8 0 1 0 Sodexo Campus Services 9801 Washington Blvd Gaithersburg MD 20878 Food services contractor 2332079 SimplexGrinnell LP 973 Beasley Street Lexington KY 40509 Electrical Contractor 184953 Datatel Inc 4375 Fair Lakes Court Fairfax VA 22033 Software development 167483 Powell Walton Milward PO Box 2030 Lexington KY 40588 Insurance Broker 166623 Ruane Cunniff Goldfarb 767 Fifth Avenue Suite 47 New York NY 10153 Investment Management 152980 8 0 0 0 0 0 5497969 0 5497969 Tuition & Fees 611310 26795123 26795123 0 0 Room Board 611710 6741208 6741208 0 0 0 0 0 0 33536331 1840165 1840165 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -9022440 0 9022440 0 9022440 9022440 0 0 0 194708 194708 0 0 194708 50091613 44593644 0 0 1151686 515198 480632 155856 13192877 11324883 1555102 312892 21188 20488 700 0 1679652 1423578 250941 5133 1038766 860655 144522 33589 0 0 0 0 53895 0 53895 0 39500 0 39500 0 326099 277754 48345 209047 148225 47919 12903 263611 263611 0 0 516021 455325 43253 17443 580217 517940 62277 3463976 3140680 323296 373597 373597 Student Financial Aid 12649379 12649379 0 0 Postage 172590 112587 25896 34107 Utilities 1454622 1318861 135761 0 Food Service 1788040 1788040 0 0 Other Instructional 3800514 3016512 625281 158721 42775277 37833716 4210917 730644 425343 1724926 0 0 1900598 2009317 425320 469927 0 0 0 0 2356979 2364161 0 0 569870 592246 117357726 48887358 69639355 68470368 75118415 83365284 330252 277536 2391461 2475494 153157593 161749259 562989 3191175 645769 782602 17113000 15652000 2402417 2452507 915422 836644 21639597 22914928 X 75374849 81623129 10621695 9067873 45521452 48143329 131517996 138834331 153157593 161749259 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 0 0 0 66628 0 1 1 0 2765460 0 0 X X 0 68510386 2537844 10971541 0 5300000 0 76719771 82238890 4135895 -13714399 0 4150000 0 68510386 0.49 0.51 0 0 0 7934671 0 7934671 75257140 0 0 75257140 15703431 0 0 15703431 9658908 0 0 9658908 8803576 0 48887358 -40083782 68470368 Assets held in trust by others 2475494 2475494 Annuity Liability Payable 836644 836644 50091613 42775277 7316336 0 0 0 0 4724239 4724239 12040575 55678109 0 0 0 0 0 55678109 0 -5586496 -5586496 50091613 43637534 0 0 0 0 0 43637534 0 -862257 -862257 42775277 SchD_P03_S00_L04 Schedule D, Part III, Line 4 Works of art, rare books, drawings, portraits, historic documents, and medical textbooks related the University's 19th century College of Medicine are maintained by the University for educational and community historical purposes. SchD_P05_S00_L04 Schedule D, Part V, Line 4 The University's endowment funds support current operations, scholarships and specific programs for excellence in teaching and faculty development. SchD_P10_S00_L00 Schedule D, Part X The University is exempt from federal income tax under Section 501(c) (3) of the Internal Revenue Code except for any unrelated business income activities. No provision for income taxes has been made. The University adopted the provisions of FASB ASC 740-10 relating to uncertainty in income taxes on July 1, 2009. The implementation included evaluating the tax positions taken on all income tax returns that remain open to examination by the respective taxing authorities. The University does not believe that there are any uncertain tax positions on those returns that meet the requirement of FASB ASC 740-10 and therefore should be reflected in the financial statements. SchD_P11_S00_L08 Schedule D, Part XI, Line 8 Bingham Fund for Excellence in Teaching at Transylvania University EIN 61-1129707 net income included in audited consolidated financial statements. Not included in this Form 990 as a separate form 990 is filed for this entity. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Bingham Funds for Excellence in Teaching at Transylvania University EIN 61-1129707 revenue included in audited consolidated financial statements, but not included in this Form 990 because a separate form 990 is filed for this entity. SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Bingham Fund for Excellence in Teaching at Transylvania University EIN 61-1129707 expenses included in audited consolidated financial statements but not included in this form 990 because a separate form 990 is filed for this entity. 1 1 1 All publications contain a statement regarding Transylvania University's nondiscrimination policy. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 The University's students are eligible to receive federal financial aid. 1 X 1 1 X 0 0 0 0 0 0 0 0 0 Charles Shearer 197250 0 0 0 20335 0 0 0 0 0 217585 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a The University makes a residence available for the use of the President. LFUCG IRB Series 2009A 610858140 000528908 2009-03-11 6481606 Project funding for building projects 0 0 LFUCG IRB Series 2009B 610858140 000528920 2009-06-10 10498725 Refund 1998 and 2000 series bonds 0 0 6481606 0 0 0 121500 0 6360106 2009 0 0 1 1 10498725 10327893 0 170832 0 0 2009 1 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 F990_P06_S0B_L11 Form 990, Part VI, Section B, Line 11 A draft of form 990 is reviewed and approved by the Chair of the Finance Committee prior to filing. This is done at the delegation of the Board. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The Transylvania University Annual Disclosure form is completed by each trustee and is forwarded to the Vice President for Finance and Business for review. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Compensation Committee of the Board reviews and approves compensation of the President. The President reviews and approves the compensation of all direct reports. The Director of Human Resources reviews and approves the compensation of all other employees. The Director of Human Resources uses CUPA-HR survey data to determine appropriate market salaries. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Governing documents are available through the Commonwealth of Kentucky Secretary of State. The conflict of interest policy and financial statements are available upon request to the Vice President for Finance and Business. The purpose of the request will be considered on a case-by-case basis. Bingham Fund for Excellence in Teaching at Transylvania University 300 N Broadway Lexington KY 40508 611129707 Promote excellence in teaching KY 501c3 509a2 Transylvania University 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 Bingham Fund for Excellence in Teaching at Transylvania University b 862257 Bingham Fund for Excellence in Teaching at Transylvania University l 0 Bingham Fund for Excellence in Teaching at Transylvania University m 0