2024-05-13T17:24:22-07:00 2023-06-30 911194016 Clark Nuber PS 10900 NE 4th Street Suite 1400 Bellevue WA 98004 990 2022-07-01 910565006 SEATTLE UNIVERSITY SEAT 2062966150 901 12th Avenue Seattle WA 981221090 Chris Malins Vice President and CFO 2062966150 2024-05-13 1 Chris Malins 999009999 1 Sara Elizabeth H Jones P00235495 4254544919 2024-05-13 1 11 1 AAL2 X X 2022 2023-04-26 12:10:37Z Eduardo M Penalver 901 12th Avenue Seattle WA 981221090 531142704 0 X www.seattleu.edu X 1891 WA Seattle University, an institution of higher education, is dedicated to educating the whole person, to professional formation, and to empowering leaders for a just and humane world. 37 35 3990 55 0 0 46097494 25551772 314538848 321069454 24111957 906793 -123453 2342663 384624846 349870682 119992837 117701642 0 0 156469084 168063664 0 2750 4399207 74814998 86791034 351276919 372559090 33347927 -22688408 911418859 904395345 222100460 210853026 689318399 693542319 X Seattle University is dedicated to educating the whole person, to professional formation, and to empowering leaders for a just and humane world. 0 1 313483653 117701642 321651439 Founded in 1891, Seattle University is a Jesuit, Catholic university located on a beautiful campus of more than 55 acres in the dynamic heart of Seattle. Our diverse and inclusive campus is comprised of more than 7,200 students enrolled in undergraduate and graduate programs within six schools and colleges . In the 2022-23 academic year, Seattle University awarded 1,128 bachelor's degrees or equivalents, 188 post-baccalaureate certificates, 786 master's degrees, 2 post-master's certificates, and 308 doctoral degrees. Awards and high rankings for academic rigor, sustainability, community service and social justice are among the university's touchstones of excellence. SU ranks among the top universities for its academics, student-centered teaching, Community Engaged Learning and leadership in sustainability. It ranked in the Top 16 percent of universities nationally-and #23 in the West-in the Wall Street Journal/Times Higher Education College Ranking 2021. The Princeton Review continues to recognize the university as one of the best colleges in the nation for undergraduate education, according to its Best Colleges guide. Additionally, Seattle University is well represented in the 2022-2023 undergraduate and graduate rankings from U.S. News & World Report's "Best National Universities" rankings. Three Seattle University colleges rank highly and above many of its peers nationally, specifically in areas of business, nursing, computer science and engineering. The Albers School of Business and Economics ranks as the 4th best undergraduate business college in Washington and within the top three in the state in the specialty areas of analytics (#1), finance (#2) and accounting (#3). The College of Nursing ranks as the 4th best nursing college in Washington. The university's fastest growing college, the College of Science and Engineering, ranks 2nd in Washington among engineering departments not offering doctorates. In computer science, Seattle University ranks in the top one-third in the state. College Factual's 2022 rankings place Seattle University in the Top 5 of all Washington schools and in the Top 15 percent nationally. Among Seattle University's academic programs, College Factual ranked many in the top 15 percent or better nationally, including undergraduate programs in public administration, nursing, social work, marketing, computer and information sciences, accounting, biochemistry and business administration. On the graduate level: education, special education, criminal justice, clinical counseling and business management and marketing. The university is featured in the Fiske Guide to Colleges 2022 edition. The selective guide highlights the "best and most interesting schools" in the U.S., noting in reference to SU "Jesuit tradition guarantees a nurturing environment and student growth both academically and in community service." Seattle University is recognized by the 2021-22 Colleges of Distinction for its commitment to engaged, experiential education. Colleges of Distinction universities set themselves apart through a dedicated focus on the undergraduate experience. Seattle University has excelled at having students graduate and enter the workforce with solid, well-developed critical thinking skills as well as the ability to adapt in an ever-changing society. Seattle University also received specialized recognition for its business, education, engineering and nursing academic programs and for its work in career development, equity and inclusion and support for veterans. The national honor society Phi Theta Kappa has recognized SU among four-year institutions for its work to attract and support transfer students. SU was the only university in the Pacific Northwest and one of only two on the West Coast to be included in the 2018 "Transfer Honor Roll." Seattle University students have a strong track record of achieving academic honors, including two Rhodes Scholars, many Truman Scholars, Udall Scholars and Fulbright recipients. The university is among the most elite schools in the country for the number of Truman Scholars it produces, a total of 16 to date. On the Athletics side, the university continues its run of strong performances in the institutional Graduation Success Rate (GSR), according to 2019 data released by the NCAA. As a department, Athletics compiled a 94 percent GSR, while seven teams tallied perfect scores in the metric. The university has tallied at least a 93 percent in every report since 2008. The university consistently receives top national honors for community service. The White House bestowed its highest honor on SU in 2012 in recognition of civic engagement, service learning and volunteerism and the university was named to the President's Higher Education Community Service Honor Roll, with distinction. When it comes to community engaged learning, SU was #5 in the nation in U.S. News & World Report's "Best Colleges 2020" rankings. Two out of three students serve the community or take a service-oriented course, above the national average. A major focus of service is the Sundborg Center for Community Engagement, which connects students, faculty and staff with schools and community partners to improve the academic achievement of low-income youth living in the neighborhood surrounding campus. On the environmental front, Seattle University is a national leader in sustainability programs and practices. It was ranked #2 nationally among universities for its sustainability curriculum in the Association for the Advancement of Sustainability in Higher Education (ASHE) 2019 Sustainable Campus Index and #4 nationally as an overall top performer among master's institutions. SU achieved a Gold rating for sustainability from the AASHE 2019 Sustainability Tracking, Assessment & Rating SystemTM (STARS). And the university continued its run of top rankings for sustainability by once again being named a Sierra "Cool School" for 2021. It placed #14-the top 4 percent overall-among 328 colleges and universities that participated in the latest survey of sustainability practices. SU is the only university in the Northwest to place in the top group. The university is in the Top 20 (#16) in The Princeton Review's 2021 Green Honor Roll of the Top 50 colleges that earned the highest scores by the publication for their sustainability efforts. In 2015, it became a Fair Trade Designated university. The campus has been maintained organically and without pesticides or herbicides since 1998. Nearly 69 percent of campus waste is recycled, reused or composted. The onsite composting facility annually turns 178,000 pounds of pre-consumer food waste into compost, which is reused on campus to improve soil quality. In 2010, SU became the first higher education institution in the state to ban the sale and distribution of plastic bottled water. 0 0 0 313483653 1 1 0 1 0 0 0 1 1 1 1 1 0 1 1 1 1 0 1 0 1 0 1 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 1 1 0 0 0 1 9174 0 3990 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 37 35 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA WA X Christopher Malins 2062966150 901 12th Avenue Seattle WA 981221090 Eduardo Penalver President and Board Member 37.5 0 X X 769420 0 185966 Shane Martin Provost 37.5 0 X 441714 0 61785 Charles O'Kelley Professor of Law 37.5 0 X 355453 0 31956 Mary Petersen VP and University Counsel; Corp Secretary 37.5 0 X 298783 0 88025 Annette Clark Professor of Law 37.5 0 X 352564 0 31785 Wilson Garone CFO/Sr VP for Finance and Bus Affairs 37.5 0 X 316848 0 24734 Christopher Victor Head Coach, Men's Basketball 37.5 0 X 299289 0 40037 Christopher Van Liew Vice President for Strategic Initiatives 37.5 0 X 236571 0 101604 Sharon Fink Director of Athletics 37.5 0 X 249705 0 75356 Joseph Phillips Dean, Albers Sch of Bus and Econ 37.5 0 X 288160 0 36326 Timothy Leary Former Executive Vice President 37.5 0 X 301207 0 16562 Robert Chang Professor of Law 37.5 0 X 270933 0 38242 Kristen Swanson Dean, College of Nursing 37.5 0 X 277137 0 29805 Robert Dullea Deputy Provost 37.5 0 X 252525 0 31435 Steven Bender Professor of Law 37.5 0 X 250462 0 29780 Edgardo Gonzalez VP, Advancement Services 37.5 0 X 240285 0 30564 Melore Nielsen Vice President for Enrollment Management 37.5 0 X 227199 0 34722 Alvin Sturdivant Vice Provost for Student Development 37.5 0 X 233465 0 26325 David Powers Dean, College of Arts and Sciences 37.5 0 X 221602 0 28134 Cynthia Dillard Dean, College of Education 37.5 0 X 212472 0 30997 Anthony Varona Dean, School of Law 37.5 0 X 208794 0 34152 Michael Quinn Dean, College of Science and Engineering 37.5 0 X 224020 0 17935 Travis Nation Vice Provost and Chief Information Officer 37.5 0 X 209128 0 27634 Natasha Martin Vice President for Diversity and Inclusion 37.5 0 X 205760 0 27037 Scott McClellan Vice President for University Affairs 37.5 0 X 198120 0 32489 Amit Shukla Dean, College of Science and Engineering 37.5 0 X 169038 0 46282 Sarah Watstein Dean, Lemieux Library 37.5 0 X 183967 0 21340 Michael Podlin Former VP, Advancement Services 37.5 0 X 169496 0 15585 Jerron Lowe Vice President for Human Resources 37.5 0 X 129050 0 7346 Eric Watson SJ Assoc Professor, Chemistry, and Board Member 37.5 0 X 68452 0 0 Arturo Araujo SJ Assoc Professor, Art and Art History and Board Member 37.5 0 X 64638 0 0 Robert Grimm SJ Counselor, Jesuit, and Board Member 37.5 0 X 37507 0 0 Kathleen Aikenhead Board Member 0.5 0 X 0 0 0 Ann Alokolaro Board Member 0.5 0 X 0 0 0 Fernando Alvarez-Lara SJ Board Member 0.5 0 X 0 0 0 Rodney Bench Board Member 0.5 0 X 0 0 0 Jeanne Berwick Board Member 0.5 0 X 0 0 0 Ann Blume Board Member 0.5 0 X 0 0 0 Maureen Brotherton Board Member 0.5 0 X 0 0 0 David Burcham Board Member 0.5 0 X 0 0 0 Patrick Callans Board Member 0.5 0 X 0 0 0 Brenda Christensen Board Member 0.5 0 X 0 0 0 Anita Crawford-Willis Board Member 0.5 0 X 0 0 0 Paul Fitzgerald SJ Board Member 0.5 0 X 0 0 0 Melvin Flowers Board Member 0.5 0 X 0 0 0 Joseph Gaffney Board Member 0.5 0 X 0 0 0 Valerie Gorder Board Member 0.5 0 X 0 0 0 Russell Hagen Board Member 0.5 0 X 0 0 0 Drew Herdener Board Member 0.5 0 X 0 0 0 Patrick Kennedy Board Member 0.5 0 X 0 0 0 Steve Knight Board Member 0.5 0 X 0 0 0 Tod Leiweke Board Member 0.5 0 X 0 0 0 Killian Noe Board Member 0.5 0 X 0 0 0 Jason Oliver Board Member 0.5 0 X 0 0 0 William Owens Board Member 0.5 0 X 0 0 0 Charles Porter Board Member 0.5 0 X 0 0 0 David Rothrock Board Member 0.5 0 X 0 0 0 Ryan Sawyer Board Member 0.5 0 X 0 0 0 Lucas Sharma SJ Board Member 0.5 0 X 0 0 0 Ezra Teshome Board Member 0.5 0 X 0 0 0 Ruth Tressel Board Member 0.5 0 X 0 0 0 John Vassall II Board Member 0.5 0 X 0 0 0 Ana White Board Member 0.5 0 X 0 0 0 Jeffrey Wright Board Member 0.5 0 X 0 0 0 Paul Wyckoff Board Member 0.5 0 X 0 0 0 Xiujuan Eva Zhao Board Member 0.5 0 X 0 0 0 7963764 0 1203940 308 1 1 0 Skanska USA Building Inc 389 Interpace Parkway Parsippany NJ 07054 Constructiom 5187051 Rafn Company 1721 132nd Ave NE Bellevue WA 98005 Constructiom 2411016 Arthur J Gallagher Risk Mgt 777 108th Ave NE Ste200 Bellevue WA 98004 Risk management 1657476 HES Intermediate Holdings LLC WFF Facilitie Svc LLC Knoxville TN 37922 Facilities maintenance 1397288 Everspring Inc 123 N Wacker Drive Chicago IL 60606 Student recruitment 884801 59 0 0 524088 0 5358806 19668878 1913534 25551772 Tuition and fees 611310 296385373 296385373 0 0 Auxiliary Enterprises 611310 16236165 16236165 0 0 8447916 8447916 0 0 321069454 7188580 0 0 7188580 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 174436819 0 180718606 0 -6281787 0 -6281787 0 0 -6281787 272629 524088 550423 -277794 0 -277794 16465 2993 13472 0 0 13472 0 0 0 0 0 0 Insurance reimbursement 611310 2025000 0 0 2025000 Indirect cost recoveries 611310 581985 581985 0 0 0 0 0 0 2606985 349870682 321651439 0 2667471 0 0 116818062 116818062 883580 883580 0 0 8643966 4517177 4126789 0 256555 256555 0 0 121615020 101737496 17080885 2796639 9332757 7601386 1529517 201854 18724915 15252093 3067804 405018 9490451 7730224 1554952 205275 0 0 0 0 358122 0 358122 0 321091 12761 308330 0 22095 0 22095 0 2750 2750 2204022 0 2204022 0 6479301 4782258 1385095 311948 2106785 1852761 159969 94055 2054007 1309349 654973 89685 5289208 3682836 1566436 39936 0 0 0 0 7662640 5368388 2289374 4878 4909977 4505310 373943 30724 0 0 0 0 2849367 2182598 587089 79680 5717420 4790868 926552 0 0 0 0 0 19836086 14448551 5387535 0 2722786 156279 2566507 0 Supplies 4879264 4338767 485853 54644 Retail Services 6080603 5038439 997849 44315 13298260 6217915 7042539 37806 372559090 313483653 54676230 4399207 35935050 11113147 72866148 80838639 9283826 7893832 20121767 15663517 0 0 0 0 3277569 2555305 69149 106967 4000302 3308171 685664768 272812831 423597166 412851937 76384378 69240950 213148566 240175256 0 0 0 0 52734938 60647624 911418859 904395345 18824882 17192365 0 0 21854824 19176369 157661389 152800259 1183652 1111670 0 0 0 0 0 0 22575713 20572363 222100460 210853026 X 424922431 418023432 264395968 275518887 689318399 693542319 911418859 904395345 -22688408 26912328 0 0 0 0 X 0 1 X 1 1 1 X 43977591 43742192 72221589 46097494 25551772 231590638 0 0 0 0 0 0 0 0 0 0 0 0 43977591 43742192 72221589 46097494 25551772 231590638 20312634 211278004 3346932 3456350 1390242 3532219 7188580 18914323 0 0 0 0 0 0 0 0 0 0 0 0 250504961 1523233520 0.84341 0.86975 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 22095 0 0 22095 0 Schedule C, Part II-B, Line 1 The University pays membership dues to organizations that engage in some lobbying activities. The amount disclosed in line 1g includes $14,318 of dues attributable to lobbying activities. 0 0 X X X 0 0 1 X 284644863 3516488 23544675 0 13907307 0 297798719 311296767 20231855 -35092220 0 11791539 0 284644863 238888056 14987877 67919311 0 10498477 0 311296767 234340729 9028554 5315149 0 9796376 0 238888056 241184304 5695154 6972481 0 19511210 0 234340729 0.227 0.6332 0.1398 0 0 0 64587271 64587271 0 500576459 194869556 305706903 0 9736188 5937250 3798938 0 50800653 26328182 24472471 0 59964197 45677843 14286354 412851937 0 0 Collective Investments 240175256 F 240175256 Property Held for Resale 25000000 Assets Held Under Split-Interest Agreements 12146161 Right-of-Use Assets 11675281 Construction In Progress 9745534 Funds Held In Trust By Others 2080648 60647624 0 Lease liabilities 11857282 Liabilities under split interest agreements 6789087 US Government loans 1348199 Asset retirement obligation 583998 Unrealized loss on int. rate swap agreement -6203 20572363 X 250921722 26912326 0 0 -126208505 -99296179 350217901 0 -347219 -347219 349870682 246697803 0 0 0 347218 347218 246350585 2204022 124004483 126208505 372559090 Schedule D, Part III, Line 1 The University holds various collections that are made up of artifacts of historical significance and art objects that are held for educational, research, scientific, and curatorial purposes. Each item is catalogued, preserved, and maintained to ensure their original condition is maintained. Collections, which have been acquired through purchases and contributions to the University are not recognized as assets on the statements of financial position. Purchases of collection items are recorded as decreases in net assets without donor restrictions in the year in which the items are acquired, or as the items are restricted by donors. Proceeds from deaccessions or insurance recoveries are reflected as increases in the appropriate net asset classes. No collection items were deaccessioned in the year ended June 30, 2023 or 2022. Schedule D, Part III, Line 4 The artifacts in the University's collections are used for instructional and research purposes. Schedule D, Part IV, Line 2b The University receives cash deposits on behalf of various student clubs. Funds are disbursed on behalf of those clubs for printing, mailing, audio/visual equipment rentals, catering, and other charges. Schedule D, Part V, Line 4 The University invests endowment funds to provide income to support educational activities, either as a result of donor-imposed restrictions or as a result of designations by the Board of Trustees. Schedule D, Part X, Line 2 The University has considered the impact of ASC 740, Implementation Guidance on Accounting for Uncertainty in Income Taxes and Disclosure Amendments for Nonpublic Entities, and after review of the potential impact of various tax provisions, it was determined that no potential liability exists for these positions. Schedule D, Part XI, Line 2d For financial statement purposes, the University deducts student aid expense of $(117,701,642) from gross tuition and fees to derive net tuition and fees. $(4,939,165) in bad debt expense is included in non-operating items for financial statement purposes. $(1,457,402) in investment fees is included in in non-operating items for financial statement purposes. $(1,363,676) in uncapitalized non-operating expense is included in non-operating items for financial statement purposes. $(746,620) in professional services expense related to investing activity is included in non-operating items for financial statement purposes. Schedule D, Part XI, Line 4b Direct expense from fundraising events of $347,219 classified as functional expense per audited financial statements. Schedule D, Part XII, Line 2d Direct expense from fundraising events of $(347,218) classified as functional expense per audited financial statements. Schedule D, Part XII, Line 4b For financial statement purposes, the University deducts student aid expense of $117,701,642 from gross tuition and fees to derive net tuition and fees. $4,939,165 in bad debt expense is included in non-operating items for financial statement purposes. $1,363,676 in uncapitalized non-operating expense is included in non-operating items for financial statement purposes. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The University's Nondiscrimination Policy is prominently displayed on its public website and in all brochures, publications, and catalogs dealing with student admissions, programs, and scholarships. Schedule E, Part I, Line 6 The University receives federal, state, and foundation grants for academic activities, research, student financial aid, student loans, and work study programs. 1 Europe (including Iceland and Greenland) 0 0 Program Services Study Abroad 641755 East Asia and the Pacific 0 0 Program Services Study Abroad 19250 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Study Abroad 14117 Central America and the Caribbean 0 0 Investments Investments 11377948 East Asia and the Pacific 0 0 Investments Investments 8000000 Europe (including Iceland and Greenland) 0 0 Investments Investments 584305 Europe (including Iceland and Greenland) 0 0 Grantmaking Student Financial Aid 526271 East Asia and the Pacific 0 0 Grantmaking Student Financial Aid 163127 South America 0 0 Grantmaking Student Financial Aid 83499 Central America and the Caribbean 0 0 Grantmaking Student Financial Aid 67994 Sub-Saharan Africa 0 0 Grantmaking Student Financial Aid 24444 South Asia 0 0 Grantmaking Student Financial Aid 18245 0 0 21520955 Scholarships, Grants, and Loans Europe (including Iceland and Greenland) 51 0 NA 526271 Student Financial Aid Book Scholarships, Grants, and Loans East Asia and the Pacific 16 0 NA 163127 Student Financial Aid Book Scholarships, Grants, and Loans South America 8 0 NA 83499 Student Financial Aid Book Scholarships, Grants, and Loans Central America and the Caribbean 6 0 NA 67994 Student Financial Aid Book Scholarships, Grants, and Loans Sub-Saharan Africa 2 0 NA 24444 Student Financial Aid Book Scholarships, Grants, and Loans South Asia 1 0 NA 18245 Student Financial Aid Book 1 0 1 0 1 0 Schedule F, Part I, Line 2 Financial aid is awarded to students and applied directly to a student's account while the student is enrolled at the university. Red Tie 315659 206535 109124 0 60591 41639 63158 24716 112382 Public Interest Law Foundation Auction 207224 129977 77247 0 0 8600 37389 4950 55207 4 273834 187576 86258 250 5772 11990 29615 6500 87664 796717 524088 272629 250 66363 62229 130162 36166 255253 550423 -277794 16465 2993 0 0 0 0 16465 2993 0 0 0 2993 13472 WA 1 0 0 0 1 0 Seattle University 901 12th Avenue Seattle WA 981221090 0 Aaron Clarry 0 X 1 16465 1 Grants & scholarships funded by institutional funds 5459 0 107547675 Book Student financial aid Grants & scholarships funded By endowments 730 0 4383740 Book Student financial aid Grants & scholarships funded By gifts from private donors 428 0 2761923 Book Student financial aid Grants & scholarships funded by grants from private & governmental institutions 906 0 2124724 Book Student financial aid Schedule I, Part I, Line 2 The University's Enrollment Services Division, Office of Student Financial Services, and Office of Research Services and Sponsored Projects are responsible for the administration of all grants and student aid according to current law, regulations, and policies prescribed by grantors. The University is subject to annual audits conducted in accordance with OMB Circular A-133. X X 1 1 X X X X X 1 1 0 0 0 0 0 0 0 Cynthia Dillard Dean, College of Education 212472 0 0 0 0 0 17792 0 13205 0 243469 0 0 0 Sharon Fink Director of Athletics 242705 0 7000 0 0 0 19684 0 55672 0 325061 0 0 0 Joseph Phillips Dean, Albers Sch of Bus and Econ 288160 0 0 0 0 0 24050 0 12276 0 324486 0 0 0 David Powers Dean, College of Arts and Sciences 221602 0 0 0 0 0 18303 0 9831 0 249736 0 0 0 Michael Quinn Dean, College of Science and Engineering 224020 0 0 0 0 0 11797 0 6138 0 241955 0 0 0 Amit Shukla Dean, College of Science and Engineering 169038 0 0 0 30000 0 11400 0 4882 0 215320 0 0 0 Kristen Swanson Dean, College of Nursing 277137 0 0 0 0 0 22437 0 7369 0 306943 0 0 0 Anthony Varona Dean, School of Law 208794 0 0 0 15000 0 14400 0 4752 0 242946 0 0 0 Sarah Watstein Dean, Lemieux Library 183967 0 0 0 0 0 15228 0 6113 0 205308 0 0 0 Robert Dullea Deputy Provost 252525 0 0 0 0 0 20782 0 10653 0 283960 0 0 0 Edgardo Gonzalez VP, Advancement Services 240285 0 0 0 0 0 19026 0 11538 0 270849 0 0 0 Wilson Garone CFO/Sr VP for Finance and Bus Affairs 316848 0 0 0 0 0 24400 0 334 0 341582 0 0 0 Timothy Leary Former Executive Vice President 159812 0 0 0 141395 0 12878 0 3684 0 317769 0 0 0 Jerron Lowe Vice President for Human Resources 129050 0 0 0 0 0 7067 0 279 0 136396 0 0 0 Shane Martin Provost 441714 0 0 0 30000 0 24400 0 7385 0 503499 0 0 0 Natasha Martin Vice President for Diversity and Inclusion 205760 0 0 0 0 0 17206 0 9831 0 232797 0 0 0 Scott McClellan Vice President for University Affairs 198120 0 0 0 0 0 16816 0 15672 0 230608 0 0 0 Travis Nation Vice Provost and Chief Information Officer 209128 0 0 0 0 0 17148 0 10486 0 236762 0 0 0 Melore Nielsen Vice President for Enrollment Management 227199 0 0 0 0 0 19050 0 15672 0 261921 0 0 0 Michael Podlin Former VP, Advancement Services 169497 0 0 0 0 0 0 0 11730 0 181227 0 0 0 Eduardo Penalver President and Board Member 769420 0 0 0 161400 0 24400 0 166 0 955386 0 0 0 Mary Petersen VP and University Counsel; Corp Secretary 298783 0 0 0 0 0 24400 0 63625 0 386808 0 0 0 Alvin Sturdivant Vice Provost for Student Development 233465 0 0 0 0 0 18939 0 7385 0 259789 0 0 0 Christopher Van Liew Vice President for Strategic Initiatives 236571 0 0 0 0 0 20040 0 81564 0 338175 0 0 0 Steven Bender Professor of Law 250462 0 0 0 0 0 19949 0 9831 0 280242 0 0 0 Robert Chang Professor of Law 270933 0 0 0 0 0 22569 0 15672 0 309174 0 0 0 Annette Clark Professor of Law 352564 0 0 0 0 0 24400 0 7385 0 384349 0 0 0 Charles O'Kelley Professor of Law 355453 0 0 0 0 0 24400 0 7556 0 387409 0 0 0 Christopher Victor Head Coach, Men's Basketball 249289 0 50000 0 0 0 22794 0 17243 0 339326 0 0 0 Schedule J, Part I, Line 1a The University paid $24,447 in club dues for certain officers and other employees for business-related purposes as follows: Rotary Club of Seattle: $1,440 for Joseph M. Phillips Jr; Rainier Club: $23,007 for Eduardo Penalver. The University paid $236,400 in housing allowances as follows: Eduardo Penalver $161,400, Shane Martin $30,000, Amit Shukla $30,000, Anthony Varona $15,000. Schedule J, Part I, Line 4 Timothy Leary, former Executive Vice President, received severance payments totaling $141,394. University President Eduardo Penalver participates in a 457(b) nonqualified retirement plan and the University contributed $43,000 to that plan for plan year 2023. A Washington Higher Education Facilities Authority 911306482 939781A26 2008-03-20 26595000 Refunding 0 0 0 B Washington Higher Education Facilities Authority 911306482 2015-09-11 54815000 Refunding 0 0 0 C Washington Higher Education Facilities Authority 911306482 939781X47 2017-12-27 41860000 Refunding 0 0 0 D Washington Higher Education Facilities Authority 911306482 9397813H1 2020-07-02 60000000 Refunding 0 0 0 A 18095000 0 26595000 0 0 0 373275 0 0 0 26221275 0 2008 1 0 1 1 B 15154000 0 54815000 0 0 0 510476 0 0 0 54304524 0 2015 1 1 1 1 C 0 0 41860000 0 0 0 430249 0 0 0 41429751 0 2017 1 1 1 1 D 1215000 0 60000000 0 0 0 349810 0 0 0 59650190 0 2020 1 0 1 1 A 0 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 0 1 C 0 0 0 0 0 0 0 0 0 1 D 0 0 0 0 0 0 0 0 0 1 A 0 0 0 1 1 1 Bank of New York 2.9 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 Schedule K, Part IV, Line 2c-03/20/2008 26,595,000 Washington Higher Education Facilities Authority All rebate has been paid. Schedule K, Part IV, Line 2c-09/11/2015 54,815,000 Washington Higher Education Facilities Authority All rebate has been paid. Schedule K, Part IV, Line 2c-12/27/2017 41,860,000 Washington Higher Education Facilities Authority All rebate has been paid. Schedule K, Part IV, Line 2c-07/02/2020 60,000,000 Washington Higher Education Facilities Authority All rebate has been paid. Yobi Apartments Ezra Teshome is an owner of Yobi Apts for university housing and served as Trustee during the year. 425429 Cash lease payments 0 Sital Kalantry Sital Kalantry is married to President Eduardo Penalver 187750 Employment 0 Erin Swezey Erin Swezey is married to Timothy Leary, the University's Executive Vice President (former) 68805 Employment 0 X 5 196839 FMV X 19 1678414 FMV X Auction items 472 203196 FMV X Other - Equipment 1 38281 FMV 1 0 1 0 Schedule M, Part I, Lines 25-28 The contributions of works of art represent the number of items contributed. The contributions of publicly traded securities represent the number of items contributed. The contributions of equipment represent the number of items contributed. Form 990, Part III, Line 3 The University officially closed the School of Theology and Ministry on June 30, 2023. Form 990, Part VI, Section A, Line 6 Seattle University is a Washington nonprofit corporation 501(c)(3) tax exempt institution of higher education governed by a Board of Trustees that is responsible for the overall management of the affairs of the University. As a nonprofit member corporation established under Washington state law, the University has a Board of Members. The University has seven members. Each member is required to be in good standing in the Society of Jesus. The seven members include the following: the Rector of the Seattle University Jesuit Community and six Jesuits from among those under contract at Seattle University. The President, Provost and any Vice President of Seattle University are ineligible to be a member. Members are elected by Jesuits currently under contract at Seattle University. Form 990, Part VI, Section A, Line 7a As a nonprofit member corporation established under Washington state law, the University has a Jesuit Board of Members. The principal duty of the Jesuit Board of Members is to ensure furtherance of the work of Catholic higher education in accordance with the traditions and ideals of the Society of Jesus. The Jesuit Board of Members has the power to select three Jesuit trustees to serve on the Board of Trustees, which is the governing board of the university. The Board of Trustees consists of that number of Trustees determined from time to time by the Board of Trustees, but which number shall not be less than 30 nor more than 40 voting members. At least six of the Trustees shall belong to the Society of Jesus. As stated above, the Jesuit Board of Members selects three of those six Jesuit Trustees. All other Trustees are elected upon nomination of the Trusteeship Committee by a majority of the Trustees in attendance at the annual meeting of the Board, unless a different date is set by the Board of Trustees. Form 990, Part VI, Section A, Line 7b The Bylaws of Seattle University provide that the principal duty of the Jesuit Members, consistent with the apostolate of the Jesuit community at the University, is to assure furtherance of the work of Catholic higher education in accordance with the traditions and ideals of the Society of Jesus. The Board of Trustees has the final responsibility for the governance of the University in all matters, with the exception of the following: (a) The majority vote of the Board of Trustees and the approval of at least two-thirds of the votes of the Jesuit Board of Members are required to amend the Articles of Incorporation. The majority vote of each of the Board of Trustees and the Jesuit Board of Members is required to alter, amend, or repeal the Bylaws. The Jesuit Board of Members may delegate its authority to approve amendments of the Bylaws to the Board of Trustees; (b) The majority vote of the Jesuit Board of Members is required for the sale or lease of any corporate properties having a fair market value in excess of fifteen million dollars; (c) The Jesuit Board of Members shall elect three Jesuits to Service on the Board of Trustees; and (d) Approval of the Board of Trustees and at least 2/3rds of the Jesuit Board of Members is required to approve any plan of dissolution and distribution, as provided in the Articles of Incorporation. Form 990, Part VI, Section B, Line 11b Each voting member of the Board of Trustees was provided with an electronic copy of Form 990 and supporting schedules prior to filing with the IRS. The Audit Committee of the Board met to review the form and schedules as well. The form and schedules were also reviewed by appropriate officers and management, including but not limited to the CFO/VP for Finance and Business Affairs, Assistant Vice President for Finance and Controller, and University Counsel. Form 990, Part VI, Section B, Line 12c The Conflict of Interest Policy for Trustees is contained in the Bylaws of the University. Trustees are informed of this policy during Trustee orientation and the annual meeting. On an annual basis, each Trustee is asked to furnish a written statement indicating whether he or she is involved in any matter that poses an actual or potential conflict of interest. Trustees are expected to update the disclosure throughout the year as may be appropriate. After a trustee's disclosure of a potential financial or other conflict of interest, the chair of the Board of Trustees, in consultation with the University Counsel, determines whether the situation constitutes a conflict of interest requiring action by the Board. If the chair of the Board believes Board action is appropriate, the interested person must leave the Board meeting where the financial or other interest is discussed and voted upon, unless requested to stay either to respond to questions or provide information to the Board on the matter under discussion. The remaining board members decide if a conflict of interest exists and the appropriate course of action. Officers, key employees, faculty, and staff are covered by the University conflict of interest policy. Individuals are informed of this policy at the time of hire. The policy is contained in the Human Resources Policy Manual and is available to faculty and staff on the University's website. Upon identification of a potential conflict of interest, the matter is reviewed and evaluated by University officials and a determination is made regarding an appropriate action. The University has also adopted the Policy for Financial Conflict of Interest Disclosure and Management for Investigators in Externally Sponsored Programs in compliance with US Department of Health and Human Services regulations (42 CFR Part 50, Subpart F) and the financial conflict of interest policies of the National Science Foundation. Finally, the Office of Finance and Business Affairs, through the Office of the Controller, reviews carefully all proposed business transactions, expenditures, and requests for reimbursements to determine compliance with University policies, including those relating to conflict of interest. Form 990, Part VI, Section B, Line 15 The University's process for determining compensation for the president, officers, and key employees includes the following elements: (1) an authorized committee of the Board of Trustees composed entirely of individuals who are unrelated to, and not subject to, the control of disqualified persons involved in the compensation arrangement; (2) reliance on appropriate comparability data, including compensation levels paid by similarly situated organizations for functionally comparable positions; the location of the University, including the availability of similar specialties in the geographic area; independent compensation surveys by nationally-recognized independent firms; and written offers from similar institutions competing for the services of the disqualified person; and (3) documentation by the authorized body that adequately documents the basis for determination concurrent with making decisions regarding the compensation arrangement. The Executive Committee of the Board of Trustees serves as the compensation committee and follows this process annually. The compensation arrangements for the President and other officers and key employees were most recently reviewed in April 2023. Form 990, Part VI, Section C, Line 19 While applicable federal tax laws do not mandate that the University's governing documents, conflict of interest policy, and financial statements be made available for public inspection, the University makes each of the foregoing available on its website, www.seattleu.edu, or upon request. Seattle University Foundation 901 12th Avenue Seattle WA 98122 911130769 Fundraising WA 501(c)(3) Line 12a - Type I Seattle University 1 Charitable Remainder Unitrusts (9) 900 Broadway Admin 120 Seattle WA 981224340 Investment WA Seattle University T 0 Charitable Remainder Annuity Trusts (1) 900 Broadway Admin 120 Seattle WA 981224310 Investment WA Seattle University T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NA