2011-05-16T10:44:43-05:00 2010-06-30 KPMG LLP 191 West Nationwide Blvd Ste 500 Columbus OH 432152568 990 2009-07-01 430654872 SAINT LOUIS UNIVERSITY STLO 3149773920 221 NORTH GRAND BOULEVARD ST LOUIS MO 631032006 ROBERT WOODRUFF 3149773920 2011-05-13 true KPMG LLP 6142492300 2009 2016-02-24 21:20:13Z Lawrence Biondi SJ 221 NORTH GRAND BOULEVARD ST LOUIS MO 631032006 1089833100 false X WWW.SLU.EDU X 1818 MO TO SEEK EXCELLENCE IN TEACHING, RESEARCH, HEALTH CARE, AND SERVICE TO THE COMMUNITY AS GUIDED BY THE SPIRITUAL AND INTELLECTUAL IDEALS OF THE SOCIETY OF JESUS. 54 48 9658 500 -208157 -1953361 118752935 84441134 603162964 628974147 -38679454 29211364 14302206 8062391 697538651 750689036 105343709 112687513 0 0 406728835 421856335 0 0 8257574 183607153 187643560 695679697 722187408 1858954 28501628 1569229183 1667890745 447520858 444875284 1121708325 1223015461 THE MISSION OF SAINT LOUIS UNIVERSITY IS THE PURSUIT OF TRUTH FOR THE GREATER GLORY OF GOD AND FOR THE SERVICE OF HUMANITY. THE UNIVERSITY SEEKS EXCELLENCE IN THE FULFILLMENT OF ITS CORPORATE PURPOSES OF TEACHING, RESEARCH, HEALTH CARE AND SERVICE TO THE COMMUNITY. IT IS DEDICATED TO LEADERSHIP IN THE CONTINUING QUEST FOR UNDERSTANDING OF GOD'S CREATION AND FOR THE DISCOVERY, DISSEMINATION AND INTEGRATION OF THE VALUES, KNOWLEDGE AND SKILLS REQUIRED TO TRANSFORM SOCIETY IN THE SPIRIT OF THE GOSPELS. AS A CATHOLIC, JESUIT UNIVERSITY, THIS PURSUIT IS MOTIVATED BY THE INSPIRATION AND VALUES OF THE JUDEO-CHRISTIAN TRADITION AND IS GUIDED BY THE SPIRITUAL AND INTELLECTUAL IDEALS OF THE SOCIETY OF JESUS. false false 148106036 1647690 134360808 INSTRUCTIONAL - CREDIT AND NON-CREDIT COURSES FOR ACADEMIC, VOCATIONAL, AND TECHNICAL INSTRUCTION, FOR REMEDIAL AND TUTORIAL INSTRUCTION, AND FOR REGULAR, SPECIAL AND EXTENSION SESSIONS. 13,785 STUDENTS ENROLLED FOR 6/30/2010 FISCAL YEAR. 35088453 94022 38111242 ACADEMIC SUPPORT - TO PROVIDE SUPPORT SERVICES FOR THE INSTITUTION'S PRIMARY MISSIONS - INSTRUCTION, RESEARCH, AND PUBLIC SERVICE - INCLUDING LIBRARIES, EDUCATIONAL MEDIA SERVICES, ACADEMIC COMPUTING SUPPORT, ACADEMIC ADMINISTRATION, ETC. CAMPUS RESIDENTS TOTALED 3,512 DURING 6/30/2010 FISCAL YEAR. 28215056 148032 22007513 RESEARCH - ACTIVITIES SPECIFICALLY ORGANIZED TO PRODUCE RESEARCH OUTCOMES, WHETHER COMMISSIONED BY AN AGENCY EXTERNAL TO THE INSTITUTION OR SEPARATELY BUDGETED BY AN ORGANIZATIONAL UNIT WITHIN THE INSTITUTION. 12927364 196115 11327828 Public services 17151765 166255 16280146 student services 45089296 48850 43067024 INSTITUTIONAL SUPPORT 25081947 0 30072275 plant operations and maintenance 3433850 110386549 1332292 SCHOLARSHIPS AND FELLOWSHIPS 31671058 0 231112590 auxiliary enterprises 239491271 0 43672912 patient care 88731623 0 0 OTHER 463578174 110797769 376865067 674987719 true true false true true false true false true true true false true true true false true false false false false false true true true false false false false false false false true false true true true false false false true false false false true 977 0 9658 true true true true SP false false false false false false false false true true 54 48 false false false false false false false true true false false true true true true true true true true true true X DAVID HEIMBURGER 3149773920 3545 LINDELL BLVD ST LOUIS MO 63103 Lawrence Biondi SJ 40.0 X X 0 0 0 John K Pruellage 10.0 X X 0 0 0 Thomas H Brouster Sr 10.0 X X 0 0 0 J Joseph Adorjan 10.0 X 0 0 0 Barry Beracha 10.0 X 0 0 0 Albert C Black Jr 10.0 X 0 0 0 William A Blase Jr 10.0 X 0 0 0 George Brill 10.0 X 0 0 0 Richard O Buhler SJ 10.0 X 0 0 0 James J Burshek SJ 10.0 X 0 0 0 Richard Chaifetz 10.0 X 0 0 0 W Winston Chan 10.0 X 0 0 0 Robert G Clark 10.0 X 0 0 0 larry cockell 10.0 X 0 0 0 John M Cook 10.0 X 0 0 0 J Daniel Daly SJ 10.0 X 0 0 0 Gerald E Daniels 10.0 X 0 0 0 Thomas Dunne Sr 10.0 X 0 0 0 L B Eckelkamp Jr 10.0 X 0 0 0 Robert N Fox 10.0 X 0 0 0 Eva L Frazer 10.0 X 0 0 0 Anne Gagen 10.0 X 0 0 0 Shaun R Hayes 10.0 X 0 0 0 Chang Soo Huh 10.0 X 0 0 0 Edward Ignaczak 10.0 X 0 0 0 Joseph F Imbs III 10.0 X 0 0 0 Jamie Jabouri 10.0 X 0 0 0 Paul Kalsbeek 10.0 X 0 0 0 James P Kavanaugh 10.0 X 0 0 0 James G Knapp SJ 10.0 X 0 0 0 Al Litteken 10.0 X 0 0 0 Mary V Longrais 10.0 X 0 0 0 Paul Lorenzini 10.0 X 0 0 0 Ellen Shaughnessy Martin 10.0 X 0 0 0 Robert May 10.0 X 0 0 0 Virginia McDowell 10.0 X 0 0 0 Keith F Muccino SJ 10.0 X 0 0 0 Robert L Niehoff SJ 10.0 X 0 0 0 Tony A Novelly 10.0 X 0 0 0 Frank ODonnell 10.0 X 0 0 0 Robert Oloughlin 10.0 X 0 0 0 Kathleen Osborn 10.0 X 0 0 0 David Peacock 10.0 X 0 0 0 G Keith Phoenix 10.0 X 0 0 0 Gary Pohrer 10.0 X 0 0 0 Jackie Drury Pollvogt 10.0 X 0 0 0 Daniel A Rodrigues 10.0 X 0 0 0 David Sindelar 10.0 X 0 0 0 Rex A Sinquefield 10.0 X 0 0 0 Patrick J Sly 10.0 X 0 0 0 James T Smith 10.0 X 0 0 0 Kenneth F Teasdale 10.0 X 0 0 0 Martha S Uhlhorn 10.0 X 0 0 0 Daniel P White SJ 10.0 X 0 0 0 Marvin S Wool 10.0 X 0 0 0 William H T Bush 1.0 X 0 0 0 Walter Davisson 1.0 X 0 0 0 William J McKenna 1.0 X 0 0 0 Andrew C Ries 1.0 X 0 0 0 Michael F Shanahan Sr 1.0 X 0 0 0 Francis A Stroble 1.0 X 0 0 0 Philip Alderson MD 40.0 X 0 0 0 Kathleen Brady 40.0 X 208427 0 26626 Timmy L Brooks 40.0 X 174370 0 18288 Kenneth Fleischmann 40.0 X 169222 0 22641 William Kauffman 40.0 X 215488 0 35216 Thomas Keefe 40.0 X 186793 0 35778 Kent Porterfield 40.0 X 163979 0 32407 Frank Reale SJ 40.0 X 0 0 0 Raymond Tait 40.0 X 0 0 0 Joseph Weixlmann 40.0 X 219295 0 37992 Gary Whitworth 40.0 X 163464 0 22938 Robert Woodruff 40.0 X 248197 0 42118 Scott W Fosko 40.0 X 813124 0 41860 Michael Graham 40.0 X 709117 0 40748 Rick Majerus 40.0 X 699766 0 31556 Dennis Vane 40.0 X 555316 0 34649 Robert G Johnson 40.0 X 549443 0 38078 5076001 0 460895 690 false true false Compass Group University of Missour 107 Norwood Hall PO Box 91337 ROLLA MO 654090001 Food Service 6789074 LocumTenenscom LLC 2655 Northwinds Parkway ALPHARETTA GA 300092280 physician staffing 1925552 Walgreens Health Initiatives 22536 Network Pl CHICAGO IL 606731225 insurance 1171687 Beacon Partners Inc 97 libbey industrial pkwy suite 31 EAST WEYMOUTH MA 021893161 mgmt consulting 752964 elliot management corporation 712 5th avenue 35th floor NEW YORK NY 10019 investment 733616 85 43924073 40517061 5054801 84441134 NET PATIENT SERVICE REVENUE 900099 231112590 231112590 TUITION AND FEES 900099 340232040 340232040 OTHER PROGRAM SERVICE REVENUE 900099 55868555 55868555 PASTORAL CARE 812900 845708 845708 PARKING 812930 437033 437033 478221 478221 628974147 9900004 0 0 380201 556 379645 379645 379645 350256324 8198544 336017575 3125933 14238749 5072611 19311360 19311360 0 0 0 OTHER REVENUE 900099 9651865 9651865 PARTNERSHIP REVENUE 531390 -1969119 -1969119 7682746 750689036 571344630 -208157 85211425 0 110272713 110272713 2414800 2414800 0 2328882 721530 1607352 0 342879703 318204453 20191287 4483963 21605300 20050480 1272280 282540 34427542 30947023 2848042 632477 20614908 19131361 1213958 269589 0 1509292 1400676 88878 19738 441200 409449 25981 5770 187253 173777 11027 2449 0 9542711 8855972 561945 124794 0 4193660 3891865 246953 54842 50252981 46636538 2959266 657177 12192681 11315238 717995 159448 0 17534236 16272389 1032545 229302 13035788 12097670 767644 170474 0 0 11307812 11307812 0 32558688 28507368 3342543 708777 12425724 11531510 731718 162496 EQUIPMENT RENTAL AND MAINTENAN 8894472 8254384 523772 116316 BOOKS & SUBSCRIPTIONS 6330934 5875330 372812 82792 SUPPLIES 1637846 1519978 96449 21419 DUES & MEMBERSHIPS 2707180 2512358 159419 35403 POSTAGE AND SHIPPING 1807850 1677749 106459 23642 1083252 1005296 63790 14166 722187408 674987719 38942115 8257574 98666341 121432299 16951961 20329702 53148950 46901517 37003347 39173427 26472285 23731117 294135 331966 4652941 4793550 854465217 320287071 540499857 534178146 544058683 623503910 187539271 194886331 9805017 9680395 50136395 48948385 1569229183 1667890745 47719282 44363727 25069820 25867633 280383748 268769529 6629256 6571930 87718752 99302465 447520858 444875284 X 835916139 874842238 40243035 94755811 245549151 253417412 1121708325 1223015461 1569229183 1667890745 X false true true X true true X false false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 187252 false false 187252 false false 1 0 0 134521675 false false 104760 12054599 X false 645799540 6138608 87671425 6096663 24710420 457917 708344573 879907934 3451824 -199364219 5748951 32003641 443407 645799540 0.57279 0.33840 0.08881 false false 47328222 555876 47884098 688580572 251343170 437237402 107906649 68943901 38962748 10093898 10093898 534178146 ALTERNATIVE INVESTMENTS 194886331 F 194886331 0 ANNUITY AND LIFE INCOME 9104826 HEFA INTEREST SWAP 32318294 SELF-INSURANCE LIABILITY 26024194 US GOV'T REFUNDABLE GRANTS 19749277 FUNDS HELD FOR OTHERS 454642 OTHER 5751861 ASSET RETIREMENT 5899371 99302465 750689036 722187408 28501628 72805946 -441 72805505 101307133 740338922 72805946 -83156060 -10350114 750689036 750689036 639031786 -83155622 -83155622 722187408 722187408 PART X - FIN 48 DISCLOSURE The University has received a determination letter from the Internal Revenue Service and is considered exempt from Federal income taxes under Section 501(c)(3) of the Code, except for any unrelated business income activities. No provision for income taxes has been made as the University has not reported any taxable unrelated business income. In accordance with U.S. generally accepted accounting principles, the University recognizes 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 the taxing authorities, based on the technical merits of the position. Based upon this practice the University, as of June 30, 2010, has not recorded a liability for unrecognized tax benefits. RECONCILIATION OF CHANGE IN NET ASSETS PART XI LINE 8 INCREASE IN PERMANENTLY RESTRICTED ASSETS 945,046 FOREIGN CURRENCY TRANSLATION ADJUSTMENT (916,095) DECREASE IN TEMPORARILY RESTRICTED ASSETS (29,385) ROUNDING (7) TOTAL (441) OTHER RECONCILIATION ITEMS SCH. D PART XII LINE 2D NET ASSETS RELEASED FROM RESTRICTION 12,131,413 SCHOLARSHIPS & GRANTS NETTED WITH REVENUE (95,316,982) INCREASE IN PERMANENTLY RESTRICTED ASSETS 945,046 RENT EXPENSE NETTED WITH REVENUE 556 FOREIGN CURRENCY TRANSLATION ADJUSTMENT (916,095) ROUNDING 2 TOTAL (83,156,060) RECONCILIATION OF CHANGE IN EXPENSES PART XIII LINE D SCHOLARSHIPS & GRANTS NETTED WITH REVENUE (95,316,982) NET ASSETS RELEASED FROM RESTRICTIONS 12,131,413 DECREASE IN TEMPORARILY RESTRICTED ASSETS 29,385 RENTAL EXPENSES 556 ROUNDING 12 TOTAL (83,155,622) ORGANIZATIONS COLLECTIONS PART III, QUESTION 4 The organization's collections included both donated and purchased items. Collections of art are capitalized at cost if purchased or at fair market value at date of gift. Collections of art are displayed prominently across campuses adding to the cultural and aesthetic value of the educational experience of students, faculty, staff and guests of the University. USE OF ENDOWMENT FUNDS PART V, QUESTION 4 The University has adopted investment and spending policies for endowment assets that will preserve and enhance the real (inflation-adjusted) purchasing power of the pooled endowment while providing an increasing stream of real funding for the annual University budget in the future. Endowment assets include those assets of donor-restricted funds that the University must hold in perpetuity or for a donor-restricted period(s) as well as quasi endowment funds. Under this policy, the University will attempt to achieve the highest long-term investment return on investment assets that is compatible with the University's risk tolerance and time horizons consistent with prudent investment practices. true true true VARIOUS UNIVERSITY BULLETINS AND ADMISSIONS BROCHURES. true true true true false false false false false false false false true false SAINT LOUIS UNIVERSITY RECEIVES GRANTS, CONTRACTS, AND COOPERATIVE AGREEMENTS FROM FEDERAL AGENCIES FOR ORGANIZED RESEARCH, INSTRUCTIONAL ACTIVITIES INCLUDING FELLOWSHIPS, AND OTHER SPONSORED ACTIVITIES. THE UNIVERSITY ALSO ADMINSTERS U.S. DEPARTMENT OF EDUCATION CAMPUS-BASED FINANCIAL AID PROGRAMS. true true Europe (Including Iceland and Greenland) 1 138 Program Services Instruction 15295233 1 138 15295233 SCHOLARSHIPS Europe/Iceland/Greenland 395 2414800 Fin. aid fmv GRANT FUNDS OUTSIDE THE UNITED STATES SCHEDULE F, PART I, QUESTION 2 Saint Louis University offers a number of institutional grants and scholarships. Each program has specific awarding criteria and individual rules for awarding set up in the Banner (ERP) system. Initially, awards are determined by the Office of Student Financial Services or the department administrators will determine and notify the Office of Student Financial Services. Awards are then posted accordingly and disbursed onto a student's account. Students on an approved Saint Louis University Study Abroad program are able to utilize institutional funds for the cost of the program. Students would show as registered in the Banner (ERP) system, and be awarded and paid using the student information system disbursement rules. Controls are in place to monitor or designate if charges and resulting payment of aid is applicable to Study Abroad institutions by use of separate detail codes for each program. true scholarships 9395 110272713 MONITORING USE OF GRANT FUNDS IN THE UNITED STATES SCHEDULE I, PART I, QUESTION 2 Saint Louis University offers a number of institutional grants and scholarships. Each program has specific awarding criteria and individual rules for awarding set up in the Banner (ERP) system. Initially, awards are determined by the Office of Student Financial Services or the department administrators will determine and notify the Office of Student Financial Services. Awards are then posted accordingly and disbursed onto a student's account. Students registered in the Banner (ERP) system will be awarded and paid using the student information system disbursement rules. Controls are in place to monitor or designate if charges and resulting payment of aid is applicable to the type of program or fee by use of separate detail codes for each program. X false true X false false false false false false false false false Kathleen Brady 208010 0 0 0 417 0 20940 0 6327 0 235694 0 0 0 Timmy L Brooks 174172 0 0 0 198 0 17480 0 1383 0 193233 0 0 0 Kenneth Fleischmann 168943 0 0 0 279 0 17000 0 6195 0 192417 0 0 0 William Kauffman 214205 0 0 0 1283 0 22040 0 13834 0 251362 0 0 0 Thomas Keefe 186050 0 0 0 743 0 19360 0 17048 0 223201 0 0 0 Kent Porterfield 163841 0 0 0 138 0 16850 0 16140 0 196969 0 0 0 Joseph Weixlmann 217931 0 0 0 1364 0 22782 0 15904 0 257981 0 0 0 Gary Whitworth 163147 0 0 0 317 0 16500 0 7021 0 186985 0 0 0 Robert Woodruff 247651 0 0 0 546 0 24500 0 18335 0 291032 0 0 0 Scott W Fosko 714767 0 97727 0 630 0 24500 0 18363 0 855987 0 0 0 Michael Graham 685349 0 23446 0 322 0 24500 0 16745 0 750362 0 0 0 Rick Majerus 698380 0 0 0 1386 0 24500 0 7710 0 731976 0 0 0 Dennis Vane 546084 0 6460 0 2772 0 23573 0 12034 0 590923 0 0 0 Robert G Johnson 537292 0 10345 0 1806 0 24500 0 14561 0 588504 0 0 0 JESUIT FOOTNOTE SAINT LOUIS UNIVERSITY EMPLOYS SEVERAL JESUITS WHO ARE MEMBERS OF THE JESUIT COMMUNITY. THE JESUIT COMMUNITY IS A NOT-FOR-PROFIT CORPORATION, SEPARATE FROM SAINT LOUIS UNIVERSITY. THE JESUITS WHO ARE ON THE STAFF OF SAINT LOUIS UNIVERSITY, ALTHOUGH THEY ARE ACCOUNTED FOR WITHIN THE UNIVERSITY'S PAYROLL SYSTEM, ARE NOT PAID A SALARY. THE FUNDS ARE PAID DIRECTLY, IN A SINGLE MONTHLY CHECK, TO THE COMMUNITY. THE COMMUNITY PAYS FOR THE LIVING EXPENSES OF THE JESUITS, AS WELL AS THE MAINTENANCE OF THEIR RESIDENCE FACILITY. THE JESUITS ON THE STAFF OF SAINT LOUIS UNIVERISTY INCLUDE LAWRENCE BIONDI, S.J. AND FRANK REALE, S.J. Reimbursement of Personal Services Schedule J There is no written policy for the payment or provision, of such services as they are not provided to anyone employed by the University, except for the chief executive officer (president) for whom a residence where he lives is provided on campus for his use and official university business and entertaining. STATE OF MISSOURI HEALTH & EDUCATIONAL FACILITIES 431178966 606901P42 2003-07-29 20460000 See Schedule O false false STATE OF MISSOURI HEALTH & EDUCATIONAL FACILITIES 431178966 6069014R4 2008-09-02 71930000 See Schedule O false false STATE OF MISSOURI HEALTH & EDUCATIONAL FACILITIES 431178966 6069014P8 2008-09-02 99885000 See Schedule O false false 20523450 15313232 209530 5000688 2008 true false true true 71930052 71600000 328552 1500 2009 true false true true 99885072 99425000 458569 1503 2009 true false true true false false true true true true false false true true true true false false true false true 0.00100 0.00100 true false true true JPMorgan 13.18 false false false false true false false false true false true false false false true New Space Inc See schedule o 143082 See schedule o false US Bank See schedule o 128694 See schedule o false Wells Fargo Bank See schedule o 391893 See schedule o false Drury Displays Drury Hotels Compa See schedule o 100080 See schedule o false Lewis Rice Fingersh See schedule o 714315 See schedule o false Armstrong Teasdale See schedule o 104996 See schedule o false X 5 104909 FMV X 1 75000 FMV X 175898 FMV X 23861 FMV X 89 4428398 FMV X 11 49796 FMV X 107 1583 FMV X 4 1384 FMV X Gift Certificates 30 7352 FMV X Tickets 15 7637 FMV X Lodging 12 15652 FMV X Construction Materials 4 163331 FMV 3 false true false Review of IRS 990 Part VI, Section B, Line 11A First the return is reviewed in the Business and Finance division by the Director of Accounting and Financial Reporting, the Assistant Vice President and Controller, and the VP & Chief Financial Officer. Then the return is sent to the Audit Committee for their review and made available for review by all Board members prior to submission to the IRS. Conflict of Interest Policy Part VI, Section B, Line 12c Annual Conflict of Interest statements from the Board of Directors are received through the Audit Committee, reporting any changes as they occur from time to time. Compensation of President, Officers, and Key Employees Part VI, Section B, Question 15 Compensation for the university president, officers and key employees is established by a process that includes the review and approval by the compensation committee of the University Board of Trustees; the use of comparability data and contemporaneous documentation, and contemporaneous recordkeeping. The committee consists of the chair of the Board of Trustees, the chair of the finance committee, the chair of the human resources committee and the president of the university. The president does not participate in the setting/review of his compensation; hence, all decisions are made by independent persons without a conflict of interest with respect to the compensation arrangements at issue. Compensation reviewed included the president, all vice presidents (officers) and deans of the university schools/colleges and the top 100 other employees. Financial Statements, Governing Documents, and Conflict of Interest Policy Part VI, Section C, Line 19 Organization does not make it's governing documents or conflict of interest policy available to the public, however annual financial audit is available upon request. continuation of officers, directors, trustees, key employees, and highest Sch J-2, Part I Philip Alderson, MD, and Raymond Tait were appointed officers in 2010, and did not receive compensation during calendar year 2009. Schedule K explanations Sch K Part 1, Line A, Column (c): 606901P42 Part 1, Line A, Column (f): This was a multi-purpose issue. The Bonds were issued to (1) current refund the 1993 Bonds issued for the benefit of the University on 10/20/1993 (the "1993 Bonds") (See Part II, line 3) and (2) to provide funds for construction of University facilities (See Part II, Line 7). Part 1, Line B, Column (c): 6069014R4 Part 1, Line B, Column (f): The Bonds were issued to current refund the 2005A Bonds issued for the benefit of the University on 09/08/2005 (the "2005 Bonds"). Part 1, Line C, Column (c): 6069014P8 Part 1, Line C, Column (f): The Bonds were issued to current refund the 2006A Bonds issued for the benefit of the University on 10/26/2006 (the "2006 Bonds"). Part II, Line 5, Column A: Bond proceeds totaling $16,000 were used for credit enhancement. Bond proceeds totaling $193,530 were used for costs of issuance (including underwriters' spread). Part II, Line 6, Column B: After the University allocated the proceeds of the Bonds to the refunding of the 2005 Bonds and had paid all associated costs of issuance, $1,499.84 of Bond proceeds remained. This amount was used in part to pay for a rebate report that was computed on 3/2/2009, and in part to pay interest on the Bonds. Part II, Line 6, Column C: After the University allocated the proceeds of the Bonds to the refunding of the 2006 Bonds and had paid all associated costs of issuance, $1,503.08 of Bond proceeds remained. This amount was used in part to pay for a rebate report that was computed on 3/2/2009, and in part to pay interest on the Bonds. Part II, Line 8, Column A and Part III, Column A Generally: $15,313,231.54 of 2003 Bond proceeds were used to refund bonds issued in 1993 and are not included in Part III per Schedule K instructions. Balance of the 2003 Bond proceeds were used on costs of Doisy Research Center and Chaifetz Arena. Part II, Line 8, Column B and Part III, Column B Generally: All bond proceeds were used to refund 2005 Bonds. $7,107,304 of 2005 Bonds refunded bonds issued in 1998 and are not included in Part III per Schedule K instructions. $1,434,028 of 2005 Bonds refunded a portion of Series 2003A Bonds reported in Column A. Series 2005 Bonds directly financed: Asset; Placed in Service Date; Doisy Research Facility; 2008; MS Labs; 2007; Macelwane Hall Renovation; 2008; Marchetti Hall Renovation [elevator]; 2008; Chaifetz Arena; 2008; O'Neil Hall Renovation [elevator]; 2008; Grand Forest Hall Renovation [fire protection]; 2008; DuBourg 4th Floor Renovation; 2008; 3715 Laclede; 2009; Balance of costs funded from proceeds of Series 2003A Bonds (Doisy Research Facility and Chaifetz Arena only) and other taxpayer funds not derived from tax-exempt bonds. Part II, Line 8, Column C and Part III, Column C Generally: All bond proceeds were used to refund 2006 Bonds. $43,769,016 of 2006 Bonds refunded bonds issued in 1996 and are not included in Part III per Schedule K instructions. $3,600,000 of 2006 Bonds refunded a portion of Series 2003A Bonds reported in Column A. Series 2006 Bonds directly financed a portion of the cost of the following projects: Asset; Placed in Service Date; Chaifetz Arena; 2008; Macelwane Hall Renovation; 2008; Walsh/Clemens Hall Renovation; 2008; Marchetti Hall Renovation [elevator]; 2008; O'Neil Hall Renovation [elevator]; 2008; DuBourg Hall Renovation [4th floor]; 2008; Grand Forest Hall Renovation [fire protection]; 2008; Doisy Research Center; 2008; Marchetti Upgrade; 2009; Recreation Center; 2008; Forest Pharm Renovation; 2009; Balance of costs funded from proceeds of Series 2003A Bonds (Chaifetz Arena only) and other taxpayer funds not derived from tax-exempt bonds. Part III, Line 3A, Columns A, B and C: Management and service agreements in force during tax year relating to financed space are not treated as resulting in private business use per Regulations 1.141-3(b)(4)(iii) and Revenue Procedure 97-13. Part III, Line 3B, Columns A and B: Research agreements in force during tax year relating to work performed in space allocable to portion of facilities financed by 2003 Bonds and 2005 Bonds are not treated as resulting in nonqualified use per Regulations 1.141-3(b)(6) and Revenue Procedure 2007-47. Part III, Line 5, Column C: Taxpayer used approximately $2,000,000 of the proceeds of the $99,425,000 bond issue to refinance bonds the proceeds of which were used along with other taxpayer funds to construct a student recreation center. During the tax year less than 5% of the recreation center revenues were derived from an unrelated trade or business. This unrelated trade or business use, measured as a percentage of the bonds would be approximate 1/10th of 1% of bond proceeds during the tax year. Part III, Line 7, Column A, B and C: Taxpayer uses written procedures and practices mandated by Tax Compliance Agreements related to ongoing tax compliance. Part IV, Line 3b, Column A: Bear Stearns Financial Products Inc. assigned to J.P. Morgan on June 1, 2008. Business transactions involving interested persons Sch L Robert N. Fox, board member, held the position of CEO and Owner of New Space, Inc. During the year, New Space, Inc. supplied office furniture and workstations throughout University offices and classrooms in the amount of $143,082. Joseph Imbs III, board member, held the position of E.V.P. and Regional Chairman of U.S. Bank. During the year, the university incurred bank service fees for various University bank accounts at U.S. Bank in the amount of $128,694. Paul Kalsbeek, board member, held the position of E.V.P of Wells Fargo Bank. During the year, the university incurred bank service fees for various University bank accounts at Wells Fargo Bank in the amount of $391,893. Jackie Pollvogt, board member, held the position of V.P. and owner of Drury Displays and Drury Hotels Company. During the year, the University contracted with Drury Displays and Drury Hotels Company for billboard displays and vinyl wrappings in the amount of $100,080. John K. Pruellage, board member, held the position of Partner and Chairman of Lewis, Rice, and Fingersh. During the year, the University incurred fees for legal services provided by Lewis, Rice, and Fingersh in the amount of $714,315. Kenneth Teasdale, board member, held the position of Partner and Chairman of Armstrong Teasdale. During the year, the University incurred fees for legal services provided by Armstrong Teasdale in the amount of $104,996. 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