2024-11-12T09:37:57-06:00 2024-06-30 420714325 RSM US LLP 201 FIRST ST SE STE 800 CEDAR RAPIDS IA 524011425 990 2023-07-01 420681049 GRAND VIEW UNIVERSITY GRAN 5152632847 1200 GRANDVIEW AVENUE DES MOINES IA 50316 PEYTON DETERDING VP FOR ADMIN & FINANCE 5152632847 2024-11-09 1 0 SHAWNA HULS P01315330 3192985333 2024-11-09 2023 2024-10-15 13:58:12Z RACHELLE KECK 1200 GRANDVIEW AVENUE DES MOINES IA 50316 76103990 0 X WWW.GRANDVIEW.EDU X 1896 IA ENGAGES, EQUIPS AND EMPOWERS STUDENTS TO FULFILL THEIR INDIVIDUAL POTENTIAL AND SERVE SOCIETY. 24 23 927 300 14690 11301 4381202 3405915 54736175 57556624 1139374 1560743 562312 587373 60819063 63110655 23246676 24491751 0 0 21650987 22062294 0 0 835780 18096998 18290274 62994661 64844319 -2175598 -1733664 115845159 118101638 43902852 45188751 71942307 72912887 X SEE SCHEDULE O. 0 0 16032020 47387290 INSTRUCTION & ACADEMIC SUPPORT PROVIDED FOR APPROXIMATELY 1,800 FULL AND PART TIME STUDENTS, INCLUDING A GRADUATE AND WORKING ADULT POPULATION. 24491751 24491751 SCHOLARSHIPS AND GRANTS FUNDED BY FEDERAL, STATE, UNIVERSITY AND PRIVATE SOURCES WERE PROVIDED TO MORE THAN 1,600 STUDENTS. 8968831 1114202 STUDENT SERVICES AVAILABLE TO STUDENTS INCLUDING ACADEMIC AND OTHER COUNSELING SERVICES, CAREER DEVELOPMENT, UNIVERSITY PASTOR, INTERCOLLEGIATE ATHLETICS AND OTHER SERVICES. 6309855 9055132 AUXILIARY SERVICES AVAILABLE TO STUDENTS INCLUDING ROOM AND BOARD. 72626 MANAGEMENT FEES ON THE PROGRAM RELATED PORTION OF THE ENDOWMENT. 6382481 9055132 55875083 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 2630 0 1 927 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 24 23 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X JULIE BANTZ ASSOCIATE VP FOR FINAN 5152632847 1200 GRANDVIEW AVENUE DES MOINES IA 50316 RACHELLE KECK TRUSTEE & PRESIDENT 40.00 X X 350570 0 30953 CHRISTIAN M MURRAY TRUSTEE & CHAIR 1.00 X X 0 0 0 ANITA NORIAN TRUSTEE & VICE CHAIR 1.00 X X 0 0 0 MIKE MCCOY TRUSTEE & SECRETARY 1.00 X X 0 0 0 DAVID STARK TRUSTEE & TREASURER 1.00 X X 0 0 0 MARY BONTRAGER TRUSTEE 1.00 X 0 0 0 KAREN J BRODIE TRUSTEE 1.00 X 0 0 0 DON COFFIN TRUSTEE 1.00 X 0 0 0 RO CROSBIE TRUSTEE 1.00 X 0 0 0 THE REV AMY CURRENT TRUSTEE 1.00 X 0 0 0 STEVE DEVENNEY TRUSTEE 1.00 X 0 0 0 ROSALIND FOX TRUSTEE 1.00 X 0 0 0 BRETT E HARMAN TRUSTEE (THRU OCT 2023) 1.00 X 0 0 0 JASON C HENDERSON TRUSTEE 1.00 X 0 0 0 CHRIS LITTLEFIELD TRUSTEE 1.00 X 0 0 0 LI ZHAU MANDELBAUM TRUSTEE 1.00 X 0 0 0 MIKE MOORE TRUSTEE 1.00 X 0 0 0 GARY E PALMER TRUSTEE 1.00 X 0 0 0 KURT E RASMUSSEN TRUSTEE 1.00 X 0 0 0 BROOKS REYNOLDS TRUSTEE (EFF OCT 2023) 1.00 X 0 0 0 CLAUDIA SCHABEL TRUSTEE (EFF OCT 2023) 1.00 X 0 0 0 WENDY SRNIC TRUSTEE 1.00 X 0 0 0 TOM TRIPLETT TRUSTEE 1.00 X 0 0 0 GEORGIA VAN GUNDY TRUSTEE 1.00 X 0 0 0 PAT WOOD TRUSTEE 1.00 X 0 0 0 JOLEEN WORKMAN TRUSTEE (THRU DEC 2023) 1.00 X 0 0 0 CARL MOSES VP ACADEMIC AFFAIRS & PROVOST 40.00 X 185205 0 27831 CHRISTOPHER LEE VP ADMIN/FINANCE (THRU JULY 2023) 40.00 X 163938 0 14837 WILLIAM H BURMA VP ADVANCEMENT (THRU FEB 2023) 40.00 X 36640 0 4757 TIM WHEELDON VP INFORMATION SYSTEMS/CIO 40.00 X 117754 0 47714 DEBBIE BARGER VP ENROLLMENT MGMT 40.00 X 155587 0 27331 KENDALL DILLON VP MARKETING & COMMUNICATION 40.00 X 117314 0 47325 STEPHEN SPORER VP ADVANCEMENT (THRU SEPT 2023) 40.00 X 141239 0 15176 PEYTON DETERDING VP ADMIN/FINANCE (EFF NOV 2023) 40.00 X 20910 0 2028 LB LYONS INTERIM VP ADVANCEMENT (EFF OCT 2023) 40.00 X 73807 0 19464 PATRICIA WILLIAMS DEAN 40.00 X 131051 0 70888 LYNN BURKS EXECUTIVE DIRECTOR OF JACOBSON INSTITUTE (THRU SEP 40.00 X 149104 0 9614 JULIE A BANTZ CONTROLLER 40.00 X 129844 0 42012 TROY PLUMMER VP FOR ATHLETICS/AD 40.00 X 111217 0 26797 JOHN HOWE VICE PROVERST FOR STUDENT AFFAIRS 40.00 X 109278 0 17908 1993458 0 404635 13 0 1 0 ARAMARK HIGHER EDUCATION 2300 WARENVILLE ROAD DOWNERS GROVE IL 60515 FOOD SERVICE 2064310 FBG SERVICE 407 S 27TH AVE OMAHA NE 68131 CUSTODIAL 515564 BAKER GROUP 1600 SE CORPORATE WOODS DRIVE ANKENY IA 50021 ELECTRICAL 419725 PER MAR SECURITY SERVICES PO BOX 1101 DAVENPORT IA 52805 SECURITY 334729 SELECT PHYSICAL THERAPY PO BOX 643361 PITTSBURGH PA 15264 PHYSICAL THERPAY 191029 8 68272 726679 2610964 122753 3405915 TUITION & FEES 611600 47387290 47387290 DORM & DINING HALL 611710 9055132 9055132 FINANCIAL AID FEES 611710 14142 14142 1100060 1100060 57556624 670202 13940 656262 420782 70408 350374 350374 350374 13266538 17023 12388777 4243 877761 12780 890541 890541 48813 68272 40566 8247 8247 717343 489341 228002 228002 CAMPUS SERV - EXTERNAL SERVICES 812900 750 750 750 63110655 57556624 14690 2133426 24491751 24491751 1585817 433124 911457 241236 15910043 13405724 2225458 278861 924721 731434 165891 27396 2390567 1860774 474804 54989 1251146 989629 224451 37066 42401 42401 80315 80315 199038 72626 126412 2282697 1285652 933546 63499 360778 8483 352166 129 638562 347860 262215 28487 4324655 4220747 95342 8566 1207151 1123308 64453 19390 422213 268580 150730 2903 1525552 1470820 52309 2423 3494153 3342240 139640 12273 546568 22123 524445 EQUIPMENT RENTAL & MAIN 954460 391755 562705 MINOR EQUIPMENT 406299 394241 12058 BAD DEBT EXPENSE 253378 253378 PERSONNEL RECRUITING 172505 31811 140694 1379549 982401 338586 58562 64844319 55875083 8133456 835780 1864797 3764003 505245 454444 605052 517513 489019 305751 278313 304432 652805 701234 133826155 61823385 74840276 72002770 24817498 26654859 9001414 10708707 204541 137312 2586199 2550613 115845159 118101638 6323266 5954644 1153589 4975625 35674313 33583884 751684 674598 43902852 45188751 X 39739036 37432646 32203271 35480241 71942307 72912887 115845159 118101638 X -1733664 2803435 41897 -141088 X X 0 1 X 1 1 1 X 3184282 6094646 14660535 4381202 3408375 31729040 3184282 6094646 14660535 4381202 3408375 31729040 2455939 29273101 996249 732316 850958 943052 1090984 4613559 36342599 274484987 0.80550 0.80010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 34389275 866829 4047650 801939 750067 0 37751748 32823406 1130512 1781056 479511 866188 34389275 32974469 3231916 -2258991 470807 653181 32823406 26337877 330205 7321399 441003 574009 32974469 25778187 636850 844959 486211 435908 26337877 0.11200 0.53130 0.35670 0 0 10519017 10519017 94838353 41223482 53614871 24140566 20183448 3957118 4328219 416455 3911764 72002770 HPMILLENNIUM INTL LTD 3711428 F CARLYLE ENERGY LENDING 118475 F CARLYLE PE ACCESS BLKR 15 800289 F OAKTREE SPECIAL SIT FUND II 1188031 F CIM INTRASTRUCTURE 1612888 F GOLDMAN VINTAGE VIII 1948693 F FORESITE CAPITAL FUND V 1093603 F ELLIOT 180000 F STEPSTONE VC 55300 F 10708707 STUDENT DEPOSITS 627879 US GOVT GRANTS REFUNDABLE 46719 674598 X 41683859 2803435 41897 418661 3263993 38419866 199038 24491751 24690789 63110655 40713279 559749 559749 40153530 199038 24491751 24690789 64844319 PART V, LINE 4: GRAND VIEW UNIVERSITY'S ENDOWMENT FUNDS ARE PRIMARILY FOCUSED ON SCHOLARSHIPS AVAILABLE TO STUDENTS. IT ALSO INCLUDES SUPPORT FOR A FEW SPECIFIC DEPARTMENTS/AREAS, INCLUDING COMMUNICATIONS, ART, DANISH ARCHIVES, AS WELL AS GENERAL OPERATIONS. PART X, LINE 2: THE UNIVERSITY IS RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES ON ANY NET INCOME FROM UNRELATED BUSINESS ACTIVITIES. THE UNIVERSITY FILES A FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ANNUALLY AND UNRELATED BUSINESS INCOME (UBI) IS REPORTED ON FORM 990-T, AS APPROPRIATE. MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS, WHICH INCLUDE SUCH MATTERS AS THE TAX-EXEMPT STATUS OF THE ENTITY AND VARIOUS POSITIONS RELATIVE TO POTENTIAL SOURCES OF UBI. AS OF JUNE 30, 2024 AND 2023, THERE WERE NO UNCERTAIN TAX BENEFITS IDENTIFIED AND RECORDED AS A LIABILITY. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF INTEREST RATE SWAP -139,973. RENTAL EXPENSES SHOWN AS REVENUE VERSUS EXPENSE 70,408. COST OF GOODS SOLD NETTED WITH REVENUE 489,341. CHANGE IN FAIR VALUE OF DEBT SERVICE RESERVE FUND -1,115. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS & FELLOWSHIPS RECLASSIFIED AS EXPENSE 24,491,751. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED WITH REVENUE 70,408. COST OF GOODS SOLD NETTED WITH REVENUE 489,341. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS & FELLOWSHIPS RECLASSIFIED AS EXPENSE 24,491,751. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY IS NOT REQUIRED TO PUBLICIZE THE RACIALLY NONDICRIMINATORY POLICY THROUGH NEWSPAPER OR BROADCAST MEDIA DURING REGISTRATION BECAUSE PARAGRAPH 4.02(2)(B) OF REV. PROC. 75-50 APPLIES. GRAND VIEW UNIVERSITY PUBLISHES ITS NONDISCRIMINATION POLICY ON BOTH THE INTERNAL AND EXTERNAL WEBSITES, AS WELL AS THE UNIVERSITY CATALOG, FINANCIAL AID HANDBOOK AND ON THE EMPLOYMENT APPLICATION WEBSITE. SEE POLICY BELOW. DATA AVAILABLE UPON REQUEST. SCHEDULE E, PART I, LINE 6 GRAND VIEW UNIVERSITY RECEIVES BOTH FEDERAL AND STATE GRANTS NONDISCRIMINATION POLICY APPLICANTS FOR ADMISSION AND EMPLOYMENT, STUDENTS, EMPLOYEES & SOURCES OF REFERRAL OF APPLICATIONS FOR ADMISSION & EMPLOYMENT ARE HEREBY NOTIFIED THAT GRAND VIEW UNIVERSITY DOES NOT UNLAWFULLY DISCRIMINATE ON THE BASIS OF AGE, RACE, RELIGION, CREED, COLOR, SEX, SEXUAL ORIENTATION, NATIONAL ORIGIN, ANCESTRY OR DISABILITY IN ADMISSION OR ACCESS TO, OR TREATMENT OR EMPLOYMENT IN, ITS PROGRAMS & ACTIVITIES, SERVICES OR PRACTICES. ANY PERSON HAVING INQUIRIES CONCERNING THE UNIVERSITY'S COMPLIANCE WITH THE REGULATIONS IMPLEMENTING TITLE VI, TITLE IX & SECTION 504 OF THE REHABILITATION ACT OF 1973 & THE AMERICANS WITH DISABILITY ACT IS DIRECTED TO CONTACT THE VICE PRESIDENT FOR ADMINISTRATION & FINANCE, 515-263-2821, WHO HAS BEEN DESIGNATED AS THE EQUAL EMPLOYMENT OPPORTUNITY & AFFIRMATIVE ACTION OFFICER. ANY PERSON ALSO MAY CONTACT THE DEPARTMENT OF EDUCATION REGARDING THE UNIVERSITY'S COMPLIANCE WITH REGULATIONS IMPLEMENTING TITLE VI, TITLE IX, SECTION 504 OF THE REHABILITATION ACT OF 1973 & THE AMERICANS WITH DISABILITY ACT. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 7766917 0 0 0 0 0 0 7766917 0 7766917 1 0 0 1 1 0 VIKING CLASSIC GOLF OUTING 29490 23599 5891 4995 1554 WRESTLING GOLF OUTING 52100 33240 18860 6974 2209 2 35495 11433 24062 14778 10056 117085 68272 48813 26747 13819 40566 8247 1 MERIT/INSTITUTIONAL NEED BASED 1327 16699386 BOOK ELL PROJECT EMPOWER GRANTS (GR) 3 1810 BOOK CO-ED ATHLETIC SCHOLARSHIPS 10 39850 BOOK MEN'S ATHLETIC SCHOLARSHIP (GR) 32 185767 BOOK ACTIVITY SCHOLARSHIPS 94 465824 BOOK GOVERNMENT GRANTS 253 79075 BOOK FUNDED SCHOLARSHIPS (RESTR) 52 92437 BOOK GV ENDOWED SS (UG) 186 765852 BOOK GV ENDOWED SS (GR) 21 36087 BOOK TUITION WAIVER/NON-EMPLOYEE (UG) 13 129412 BOOK TUITION WAIVER/NON-EMPLOYEE (GR) 77 74124 BOOK WOMEN'S ATHLETIC SCHOLARSHIP (GR) 9 54573 BOOK MERIT/INSTITUTIONAL NEED BASED (GR) 1 2000 BOOK MEN'S ATHLETIC SCHOLARSHIPS 482 4092418 BOOK WOMEN'S ATHLETIC SCHOLARSHIPS 315 1760292 BOOK ACTIVITY SCHOLARSHIPS (GR) 2 7844 BOOK FUNDED SCHOLARSHIPS (RESTR) (GR) 4 5000 BOOK PART I, LINE 2: INITIAL ACADEMIC AID FOR NEW FIRST YEAR STUDENTS IS DETERMINED BY HIGH SCHOOL GPA AND FOR TRANSFER STUDENTS IS DETERMINED BY THE CUMULATIVE TRANSFER GPA. INITITAL DETERMINATION IS MADE FOR FIRST YEAR STUDENTS WHEN THE STUDENT IS ADMITTED AND THEN VERIFIED AGAIN WHEN THE OFFICIAL HIGH SCHOOL TRANSCRIPT IS RECEIVED. RENEWAL OF ACADEMIC AID IS DETERMINED AT THE END OF THE ACADEMIC YEAR BY REVIEWING GRAND VIEW GPA AND SEMESTERS OF RECEIVED AID. AS A FOLLOW-UP FOR THOSE AWARDED PRIOR TO THE SPRING GRADES, A REPORT IS REVIEWED TO DETERMINE IF THE GPA CRITERIA WAS MET AT THE END OF THE TERM. GRAND VIEW IS A MEMBER OF THE NATIONAL ASSOCIATION OF INTERCOLLEGIATE ATHLETICS AND OFFERS ATHLETIC SCHOLARSHIPS IN BASEBALL, BASKETBALL, BOWLING, CROSS COUNTRY, FOOTBALL, GOLF, SOCCER, TENNIS, TRACK AND FIELD, VOLLEYBALL, AND WRESTLING FOR MEN AND BASKETBALL, BOWLING, COMPETITIVE DANCE, CROSS COUNTRY, GOLF, SOCCER, SOFTBALL, TENNIS, TRACK AND FIELD, VOLLEYBALL, AND WRESTLING FOR WOMEN, AS WELL AS CHEER, E-SPORTS, AND SHOOTING SPORTS FOR CO-EDUCATIONAL SPORTS PROGRAMS. SCHOLARSHIPS ARE BASED ON ABILITY AS EVALUATED BY THE COACHES AND ACCEPTED TO THE UNIVERSITY. COACHES ARE ALLOTTED AN INSTITUTIONAL AID AVERAGE ACROSS THEIR ROSTER THAT THE NEED TO BE AT OR BELOW IN A GIVEN YEAR. APPEALS FOR ADDITIONAL DOLLARS ARE MONITORED BY THE VICE PRESIDENT FOR ATHLETICS AND VICE PRESIDENT FOR ENROLLMENT MANAGEMENT. AVERAGES ARE MONITORED BY COACHES, THE VICE PRESIDENT FOR ATHLETICS AND THE VICE PRESIDENT FOR ENROLLMENT MANAGEMENT. ELIGIBILITY REQUIREMENTS ARE REVIEWED BY THE ATHLETIC SUCCESS COORDINATOR AND THE VICE PRESIDENT FOR ATHLETICS. ART, MUSIC & THEATER AWARDS ARE AWARDED TO FULL TIME DAY STUDENTS WHO DEMONSTRATE TALENT. TO QUALIFY, STUDENTS MUST VISIT CAMPUS, MEET WITH THE CHAIR OF THE DEPARTMENT, APPLY AND BE ACCEPTED TO GRAND VIEW. RENEWAL IS BASED ON GPA OR GOOD STANDING. EACH DEPARTMENT HAS A BUDGET TO USE TO RECRUIT AND RETAIN STUDENTS. REQUESTS FOR INITIAL AWARDS ARE SUBMITTED TO THE VICE PRESIDENT OF ENROLLMENT MANAGEMENT AND ONCE APPROVED ARE FORWARDED TO THE FINANCIAL AID DIRECTOR. ROSTERS OF THOSE TO RENEW ARE SENT TO THE CHAIR TO EVALUATE BASED ON GPA, ACADEMIC STANDING AND PARTICIPATION. BUDGETS ARE MONITORED BY FINANCIAL AID. AN ALERT WILL BE GIVEN IF AN AWARD IS ENTERED OVER THE BUDGETED AMOUNT. ANNUAL AND ENDOWED AID IS AWARDED TO STUDENTS BASED ON DONOR QUALIFICATIONS. ADVANCEMENT, BUSINESS OFFICE, AND FINANCIAL AID SIGN OFF AND RECEIVE COPIES OF NEW FUNDS CREATED. THE FINCIAL AID ADVISOR WORKS WITH THE BUSINESS OFFICE AND ADVANCEMENT IN JANUARY TO DETERMINE WHICH FUNDS AND THE DOLLAR AMOUNT TO BE AWARDED IN THE FOLLOWING YEAR. NOTIFICATIONS GO TO DEPARTMENTS OF FACULTY PICKS. FINANCIAL AID PICKS ARE DETERMINED BY RUNNING A REPORT TO GET STUDENTS WHO MEET DONOR REQUIREMENTS. MOST OF THESE AWARDS REQUIRE A SCHOLARSHIP ACCEPTANCE AND THANK YOU TO THE DONOR. DISBURSEMENT RULES WILL NOT ALLOW THE FUND TO BE DISBURSED UNTIL THIS DOCUMENTATION IS RECEIVED. PACKAGING PROCEDURES ARE DEVELOPED EACH YEAR AND UTILIZED TO DETERMINE A STUDENT'S TOTAL FINANCIAL AID PACKAGE. IN THIS WAY, AID IS GIVEN IN A FAIR AND EQUITABLE MANNER. X X 1 1 X X X 1 0 0 0 0 0 0 0 0 RACHELLE KECK TRUSTEE & PRESIDENT 305508 0 0 0 45062 0 21350 0 9603 0 381523 0 0 0 CARL MOSES VP ACADEMIC AFFAIRS & PROVOST 183071 0 0 0 2134 0 13260 0 14571 0 213036 0 0 0 PATRICIA WILLIAMS DEAN 130718 0 0 0 333 0 9664 0 61224 0 201939 0 0 0 DEBBIE BARGER VP ENROLLMENT MGMT 154465 0 0 0 1122 0 11362 0 15969 0 182918 0 0 0 CHRISTOPHER LEE VP ADMIN/FINANCE (THRU JULY 2023) 116967 0 0 0 46971 0 7647 0 7190 0 178775 0 0 0 JULIE A BANTZ CONTROLLER 129471 0 0 0 373 0 9205 0 32807 0 171856 0 0 0 TIM WHEELDON VP INFORMATION SYSTEMS/CIO 117193 0 0 0 561 0 8737 0 38977 0 165468 0 0 0 KENDALL DILLON VP MARKETING & COMMUNICATION 116947 0 0 0 367 0 8242 0 39083 0 164639 0 0 0 LYNN BURKS EXECUTIVE DIRECTOR OF JACOBSON INSTI 128928 0 20000 0 176 0 9025 0 589 0 158718 0 0 0 STEPHEN SPORER VP ADVANCEMENT (THRU SEPT 2023) 123238 0 0 0 18001 0 8930 0 6246 0 156415 0 0 0 PART I, LINE 1A $32,000 HOUSING ALLOWANCE AND $10,200 CAR ALLOWANCE PAID TO THE CURRENT PRESIDENT WAS INCLUDED AS TAXABLE INCOME ON HER W-2. THE UNIVERSITY PAYS DUES FOR THE PRESIDENT FOR BUSINESS USE ONLY. PART I, LINE 4A $46,818 AND $13,333 SEVERANCE PAYMENTS PAID TO CHRISTOPHER LEE AND STEPHEN SPORER, RESPECTIVELY, WERE INCLUDED AS TAXABLE INCOME ON THEIR W-2S. SCHEDULE J - SUPPLEMENTAL INFORMATION NONTAXABLE BENEFITS PRIMARILY INCLUDE HEALTH INSURANCE BENEFITS. THOSE INDIVIDUALS WITH SIGNIFICANTLY LARGER NONTAXABLE BENEFITS REPORTED ALSO INCLUDE TUITION WAIVER AND EXCHANGE BENEFITS OF THE EMPLOYEE AND IMMEDIATE FAMILY. A IOWA HIGHER EDUCATION LOAN AUTHORITY 421235696 462460K54 2016-10-01 13375000 REFUNDING OF 2010 BONDS 0 0 0 B CITY OF BONDURANT 426004287 2022-09-30 4155000 REFUNDING OF 2012B BONDS 0 0 0 C IOWA HIGHER EDUCATION LOAN AUTHORITY 421235696 2022-09-30 4939000 REFUNDING OF 2014A BONDS 0 0 0 D IOWA HIGHER EDUCATION LOAN AUTHORITY 421235696 4624603H7 2015-02-25 20614511 REFUNDING OF 2006 BONDS 0 0 0 A 4320000 13375000 2011 1 0 1 1 B 435000 4155000 2014 1 0 1 1 C 179000 4939000 2016 1 0 1 1 D 4245000 20614511 2059468 412290 18169208 2015 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 1 0 1 1 BANKERS TRUST CO 9.250000000000 0 0 0 0 1 B 0 1 1 0 1 0 0 0 1 C 0 1 1 0 1 0 0 0 1 D 0 1 1 0 0 0 0 1 1 A 1 B 1 C 1 D 1 X 1 2546 AVE FAIR MARKET VALUE X FLOORING 1 80000 ESTIMATED FV X RAFFLE ITEMS 42 11760 ESTIMATED FV X ATHLETIC EQUIPMENT 3 9500 ESTIMATED FV X AUCTION ITEMS 5 7580 ESTIMATED FV X FOOD FOR EVENT 1 5000 ESTIMATED FV X TOOL RENTAL 1 3000 ESTIMATED FV X HEATING 1 1500 ESTIMATED FV X CONCRETE 1 1240 ESTIMATED FV X EVENT PRIZES 5 576 ESTIMATED FV X GIFT CARD 1 50 STATED COST 0 0 1 1 PART I, COLUMN (B): REPORTING THE NUMBER OF CONTRIBUTIONS PART I, LINE 32B: STOCK CONTRIBUTIONS ARE RECEIVED THROUGH OUR ENDOWMENT INVESTMENT MANAGER AND SOLD UPON RECEIPT. FORM 990, PAGE 2, PART III, LINE 1 - ORGANIZATION'S MISSION STATEMENT GRAND VIEW UNIVERSITY ENGAGES, EQUIPS, AND EMPOWERS STUDENTS TO FULFILL THEIR INDIVIDUAL POTENTIAL AND SERVE SOCIETY. COMMITTED TO THE DEVELOPMENT OF THE WHOLE PERSON - MIND, BODY AND SPIRIT - AND TO PREPARING STUDENTS FOR SUCCESSFUL CAREERS AND RESPONSIBLE CITIZENSHIP BOTH IN THEIR COMMUNITIES AND IN A DIVERSE AND CHANGING WORLD, GRAND VIEW OFFERS A LIBERAL ARTS EDUCATION THAT: *CHALLENGES STUDENTS TO INQUIRE WITH A DISCIPLINED AND CRITICAL MIND, COMMUNICATE EFFECTIVELY, AND DISPLAY AN AWARENESS OF THE GLOBAL ISSUES THAT AFFECT US ALL. *CREATES A COMMUNITY OF LEARNERS WHERE DIFFERING PERSPECTIVES ARE WELCOME, WHERE FRIENDLY INTERACTION IS THE NORM, AND WHERE INTELLECTUAL AND PERSONAL INTEGRITY IS EXPECTED AND MODELED. *OFFERS A SUPPORTIVE ENVIRONMENT WHERE STUDENTS CAN ENGAGE IN COMMUNITY WITH OTHERS, DISCERN LIFE PURPOSE, AND GROW IN LEADERSHIP. *AFFIRMS CHRISTIAN FAITH AND ETHICS AS A VISION FOR LIFE, A VISION THAT ENHANCES OUR RESPECT FOR THE DIVERSITY AND DIGNITY OF ALL PEOPLE, FOR RELATING TO OTHERS, AND FOR THE PURSUIT OF LIFELONG LEARNING. INFORMED BY ITS DANISH LUTHERAN HERITAGE, GRAND VIEW IS A SCHOOL FOR LIFE. FORM 990, PART VI, SECTION A, LINE 7B THE SYNODICAL COUNCIL OF THE SOUTHEASTERN IOWA SYNOD OF THE EVANGELICAL LUTHERAN CHURCH IN AMERICA RATIFIES AND APPROVES BOARD MEMBERS NOMINATED AND ELECTED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B GRAND VIEW'S BOARD OF TRUSTEES DELEGATES THE DETAILED REVIEW OF THE FINANCIAL STATEMENTS AND FORM 990 TO THE AUDIT COMMITTEE. IF NECESSARY, CORRECTIONS ARE MADE FOLLOWING THAT REVIEW. ONCE FINALIZED, THE FORM 990 IN ITS ENTIRETY IS MADE AVAILABLE TO THE FULL BOARD OF TRUSTEES FOR REVIEW FOR THE OCTOBER BOARD MEETING AND PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST QUESTIONNAIRES ARE DISTRIBUTED AND COLLECTED EACH ACADEMIC YEAR FROM THE OFFICERS, TRUSTEES AND KEY EMPLOYEES. ANY POTENTIAL CONFLICTS ARE DISCLOSED, REVIEWED BY THE VICE PRESIDENT FOR ADMINISTRATION AND FINANCE OR DESIGNEE AND REPORTED TO THE AUDIT COMMITTEE OF THE BOARD. WHEN NECESSARY, INDIVIDUALS WILL ABSTAIN FROM ANY DISCUSSION OR VOTE THAT PERTAINS TO THESE PREVIOUSLY DISCLOSED OR NEWLY DEVELOPED CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES DETERMINES THE COMPENSATION FOR GRAND VIEW'S PRESIDENT AND APPROVES THE COMPENSATION FOR OTHER OFFICERS THROUGH A PROCESS WHICH INCLUDES REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. THE COMPENSATION COMMITTEE (MADE UP OF FIVE BOARD OF TRUSTEES MEMBERS THAT ARE ALL INDEPENDENT MEMBERS) MEETS EACH YEAR AND REVIEWS THE FOLLOWING, AMONG OTHER DATA: COMPARATIVE SALARY DATA FOR ALL OFFICER POSITIONS, THE COMPENSATION HISTORY OF THE PRESIDENT, COMPARISONS OF THE PRESIDENT'S COMPENSATION TO THE FACULTY AND STAFF INCREASES, PRESIDENT'S SELF-EVALUATION AND EVALUATION OF OTHER OFFICERS, AND THE EMPLOYMENT AGREEMENT WITH THE PRESIDENT. UPON DELIBERATION AND BASED ON THE COMPENSATION PHILOSOPHY ADOPTED BY THE BOARD OF TRUSTEES, THE COMPENSATION COMMITTEE RECOMMENDS THE COMPENSATION OF THE PRESIDENT TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE COMPENSATION COMMITTEE ALSO APPROVES THE COMPENSATION OF OTHER UNIVERSITY OFFICERS BASED ON RECOMMENDATIONS BY THE PRESIDENT. THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE RECOMMENDATIONS OF THE COMPENSATION COMMITTEE. A SUMMARY REPORT IS PROVIDED ANNUALLY TO THE FULL BOARD OF TRUSTEES REGARDING THE COMPENSATION PHILOSOPHY, THE EVALUATION OF THE PRESIDENT'S PERFORMANCE AND THE COMPENSATION PACKAGE OF THE PRESIDENT AND OTHER UNIVERSITY OFFICERS. THE DELIBERATION AND DECISIONS OF ALL COMMITTEES AND THE BOARD OF TRUSTEES ARE DOCUMENTED IN MINUTES TAKEN FOR ALL MEETINGS. DATA FROM THE IOWA ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES IS USED ANNUALLY FOR COMPARATIVE SALARY DATA ON ALL OFFICER POSITIONS. IN PREPARATIONS FOR THE COMPENSATION ADJUSTMENTS EFFECTIVE IN JANUARY 2019, AN INDEPENDENT COMPENSATION AND BENEFITS CONSULTANT WAS HIRED IN FALL 2018 TO ASSIST THE COMPENSATION COMMITTEE IN ITS DUTIES BY PROVIDING A DETAILED COMPENSATION COMPARABILITY STUDY. THE STUDY UTILIZED DATA BASED UPON INDUSTRY SURVEYS AND IRS FORM 990 DATA FOR COMPARABLE ORGANIZATIONS. SPECIFIC DATA SOURCES INCLUDED THE BUREAU OF LABOR STATISTICS, THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION (CUPA) ADMINISTRATORS SURVEY AND YAFFE & COMPANY 2017-18 EXECUTIVE COMPENSATION REPORT FOR INDEPENDENT COLLEGES & UNIVERSITIES. IN FALL 2013, A SIMILAR COMPENSATION COMPARABILITY STUDY WAS CONDUCTED BY A DIFFERENT INDEPENDENT CONSULTANT. THE BOARD OF TRUSTEES FOR GRAND VIEW UNIVERSITY CONSIDERS A REBUTTABLE PRESUMPTION OF REASONABLENESS TO HAVE BEEN FORMED AND IS NOT AWARE OF ANY EXCESS BENEFIT TRANSACTIONS. PURSUANT TO IRS REGULATIONS, THE UNIVERSITY'S EXECUTIVE COMPENSATION TRANSACTIONS ARE PRESUMED TO BE REASONABLE AS ALL OF THE FOLLOWING CONDITIONS HAVE BEEN MET: 1) THE COMPENSATION ARRANGEMENT WAS APPROVED IN ADVANCE BY THE COMPENSATION COMMITTEE CONSISTING OF ALL INDEPENDENT MEMBERS, 2) THE COMPENSATION COMMITTEE OBTAINED AND RELIED UPON APPROPRIATE COMPARABILITY DATA PRIOR TO MAKING DECISIONS, AND 3) THE COMPENSATION COMMITTEE ADEQUATELY DOCUMENTED THE BASIS FOR ITS DECISION AT THE TIME THE DECISION WAS MADE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST IN THE OFFICE OF THE CONTROLLER AT GRAND VIEW UNIVERSITY, LOCATED AT 1200 GRANDVIEW AVE, DES MOINES, IA 50316. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAP -139,973. CHANGE IN VALUE OF DEBT SERVICE RESERVE FUND -1,115. FORM 990, PAGE 12, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. 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