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        <Desc>THE OFFICE OF ENROLLMENT MANAGEMENT PROVIDES FINANCIAL ASSISTANCE SERVICES, INCLUDING COUNSELING ON STATE AND FEDERAL FINANCIAL AID PROGRAMS. THE SAGRADO SCHOLARSHIP PROGRAM OFFERS SUPPLEMENTAL AID FOR STUDY-RELATED EXPENSES NOT COVERED BY PELL GRANTS, SUPPORTING STUDENTS' ACADEMIC, PERSONAL, AND PROFESSIONAL GROWTH. THIS PROGRAM INCLUDES CONTINUITY SCHOLARSHIPS, ANNUAL SCHOLARSHIPS, AND THE SAGRADO ACHIEVERS HONOR &amp; PERSISTENCE INCENTIVE. ATHLETIC SCHOLARSHIPS SUPPORT STUDENT-ATHLETES WHO MEET ACADEMIC AND ATHLETIC REQUIREMENTS, WHICH CAN BE COMBINED WITH OTHER SCHOLARSHIPS. SAGRADO PROVIDES MULTIPLE RESIDENCE HALLS STAFFED 24/7 DURING ACADEMIC TERMS, WITH ACCOMMODATIONS AVAILABLE FOR STUDENTS WITH FUNCTIONAL DIVERSITY. CAMPUS SECURITY MAINTAINS A SAFE ENVIRONMENT BY MANAGING SECURITY PROTOCOLS AND EMERGENCY INFORMATION. PARKING PERMITS ARE AVAILABLE FOR REGISTERED VEHICLES, WITH ADHERENCE TO CAMPUS REGULATIONS. OPERATIONS MANAGE DINING OPTIONS IN THE STUDENT CENTER, BARAT SUR CAFETERIAS, AND CAF SAGRADO IN THE LIBRARY. THE PEDAGOGICAL INNOVATION UNIT SUPPORTS FACULTY WITH INSTRUCTIONAL DESIGN, TECHNOLOGY INTEGRATION, AND TRAINING IN EFFECTIVE METHODOLOGIES, OFFERING COLLABORATIVE WORKSPACES. THE INTEGRATED COMPUTING AND TECHNOLOGY UNIT ALSO MANAGES INSTITUTIONAL SYSTEMS AND IT RESOURCES.</Desc>
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        <TitleTxt>CFO</TitleTxt>
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        <PersonNm>SARA E TOLOSA RAMIREZ</PersonNm>
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        <PersonNm>VANESSA NEGRON UBINAS</PersonNm>
        <TitleTxt>VP COMM. OFF</TitleTxt>
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        <PersonNm>MIRIAM B QUINTERO CASANOVA</PersonNm>
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        <PersonNm>SANDRA SANTIAGO ALVARADO</PersonNm>
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        <PersonNm>DENNIS R ROMAN ROA</PersonNm>
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        <PersonNm>GABRIEL PAIZY DAMIANI</PersonNm>
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        <PersonNm>JAVIER J HERNANDEZ ACOSTA</PersonNm>
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        <PersonNm>NADESHA K GONZALEZ NIEVES</PersonNm>
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        <PersonNm>NADJAH NEGRON CARTAGENA</PersonNm>
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        <PersonNm>PEDRO J RODRIGUEZ ANADON</PersonNm>
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        <PersonNm>KARLA J AGUIRRE ASTACIO</PersonNm>
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        <PersonNm>MILITZA MALDONADO AGUSTY</PersonNm>
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        <PersonNm>MIGUEL A MERCADO MORALES</PersonNm>
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        <PersonNm>ELSAMARIE VARGAS VAZQUEZ</PersonNm>
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        <PersonNm>JANINE MARRERO MONTALVO</PersonNm>
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        <PersonNm>KIEBELLE GONZALEZ SANTIAGO</PersonNm>
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        <PersonNm>JOSE LOZANO RIVERA</PersonNm>
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        <PersonNm>RAFAEL COLON COLON</PersonNm>
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        <PersonNm>BERNARDO BRAVO ACOSTA</PersonNm>
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        <PersonNm>MARISOL VEGA COUTO</PersonNm>
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        <PersonNm>FRANCISCO DIAZ-MASSO</PersonNm>
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        <PersonNm>JORGE JUNQUERA DIEZ</PersonNm>
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        <PersonNm>JAIME LUIS FONALLEDAS FERRAIUOLI</PersonNm>
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        <PersonNm>VANESSA LUGO FLORES</PersonNm>
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        <PersonNm>JUAN ANTONIO LARREA FRENCH</PersonNm>
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        <PersonNm>ANGEL TORRES IRIZARRY</PersonNm>
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        <PersonNm>AGNES B SUAREZ MENDEZ</PersonNm>
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        <PersonNm>GREETCHEN DIAZ MUOZ</PersonNm>
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            <AddressLine2Txt>CENTRO DE ALTAMIRA</AddressLine2Txt>
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      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>CAMELIA C FERNANDEZ ROMEU</PersonNm>
        <TitleTxt>VP HUMAN RESOURCES</TitleTxt>
        <BaseCompensationFilingOrgAmt>145000</BaseCompensationFilingOrgAmt>
        <OtherCompensationFilingOrgAmt>19350</OtherCompensationFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>164350</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE J, PAGE 1, PART I, LINE 4</FormAndLineReferenceDesc>
        <ExplanationTxt>ANTONIO J. TEJERA ROCAFORT 60,000 0 0 VANESSA NEGRON UBINAS 17,307 0 0 JANINE MARRERO MONTALVO 52,500 0 0</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE J, PAGE 1, PART I, LINE 7</FormAndLineReferenceDesc>
        <ExplanationTxt>THE PRESIDENT, THE VICE-PRESIDENTS, AUXILIARY VICE-PRESIDENTS AND DEANS ARE ELIGIBLE TO RECEIVE A DISCRETIONARY BONUS DEPENDING ON EACH INDIVIDUAL'S PERFORMANCE AND THE RESULTS OF THE UNIVERSITY'S OBJECTIVES.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE J, PART III</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD OF TRUSTEES REVIEWS THE PRESIDENTS COMPENSATION PURSUANT TO THE UNIVERSITYS BY-LAWS. THE BOARDS INSTITUTIONAL GOVERNANCE COMMITTEE REVIEWS THE PRESIDENTS PERFORMANCE AND REPORTS ITS RECOMMENDATIONS TO THE BOARD. THE REVIEW AND DECISIONS ARE DOCUMENTED IN THE MINUTE OF THE BOARD AND ITS INSTITUTIONAL GOVERNANCE COMMITTEE.</ExplanationTxt>
      </SupplementalInformationDetail>
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        <BondReferenceCd>A</BondReferenceCd>
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          <BusinessNameLine1Txt>AFICA</BusinessNameLine1Txt>
        </IssuerName>
        <CUSIPNum>745272GG3</CUSIPNum>
        <BondIssuedDt>2012-12-12</BondIssuedDt>
        <IssuePriceAmt>23330000</IssuePriceAmt>
        <PurposeDesc>TO PROVIDE FUNDS, TOGETHER WITH OTHER AVAILABLE MONEYS, TO (I) FINANCE THE ACQUISITION, CONSTRUCTION</PurposeDesc>
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        <BondReferenceCd>A</BondReferenceCd>
        <RefundingTaxExemptBondsInd>true</RefundingTaxExemptBondsInd>
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        <FinalAllocationMadeInd>true</FinalAllocationMadeInd>
        <AdequateBooksAndRecMaintInd>true</AdequateBooksAndRecMaintInd>
      </TaxExemptBondsProceedsGrp>
      <TaxExemptBondsPrivateBusUseGrp>
        <BondReferenceCd>A</BondReferenceCd>
        <OwningBondFinancedPropertyInd>false</OwningBondFinancedPropertyInd>
        <AnyLeaseArrangementsInd>false</AnyLeaseArrangementsInd>
        <MgmtContractBondFincdPropInd>false</MgmtContractBondFincdPropInd>
        <AnyResearchAgreementsInd>false</AnyResearchAgreementsInd>
        <BondIssMeetPrvtSecPymtTestInd>true</BondIssMeetPrvtSecPymtTestInd>
        <ChangeInUseBondFinancedPropInd>false</ChangeInUseBondFinancedPropInd>
        <ProcsNonqualifiedBondRemdtdInd>false</ProcsNonqualifiedBondRemdtdInd>
      </TaxExemptBondsPrivateBusUseGrp>
      <TaxExemptBondsArbitrageGrp>
        <BondReferenceCd>A</BondReferenceCd>
        <Form8038TFiledInd>false</Form8038TFiledInd>
        <RebateNotDueYetInd>true</RebateNotDueYetInd>
        <ExceptionToRebateInd>false</ExceptionToRebateInd>
        <NoRebateDueInd>false</NoRebateDueInd>
        <VariableRateIssueInd>false</VariableRateIssueInd>
        <HedgeIdentifiedInBksAndRecInd>false</HedgeIdentifiedInBksAndRecInd>
        <GrossProceedsInvestedInGICInd>false</GrossProceedsInvestedInGICInd>
        <GrossProceedsInvestedInd>false</GrossProceedsInvestedInd>
        <WrittenProcToMonitorReqsInd>true</WrittenProcToMonitorReqsInd>
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      <ProceduresCorrectiveActionGrp>
        <BondReferenceCd>A</BondReferenceCd>
        <ProceduresCorrectiveActionInd>false</ProceduresCorrectiveActionInd>
      </ProceduresCorrectiveActionGrp>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>DIFFERENCES IN ISSUE PRICE EXPLANATION</FormAndLineReferenceDesc>
        <ExplanationTxt>AFICA INCLUDES AMOUNTS ON DEPOSIT IN THE RESERVE ACCOUNT AND THE BOND FUND FOR THE SERIES 2001 BONDS AND EARNINGS UNDER AN INVESTMENT AGREEMENT RELATED TOAMOUNTS ON DEPOSIT IN THE RESERVE ACCOUNT FOR THE SERIES 2001 BONDS THAT WAS TERMINATED ON NOVEMBER 28, 2012.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PURPOSE OF ISSUE DESCRIPTION</FormAndLineReferenceDesc>
        <ExplanationTxt>AFICA TO PROVIDE FUNDS, TOGETHER WITH OTHER AVAILABLE MONEYS, TO (I) FINANCE THE ACQUISITION, CONSTRUCTION, REMODELING, IMPROVEMENT AND EQUIPPING OF CERTAIN EDUCATIONAL FACILITIES OWNED OR TO BE OWNED BY THE UNIVERSITY, (II) REFUND ALL OF THE AUTHORITY'S HIGHER EDUCATION RESERVE BONDS, SERIES 2001 AND (III) PAY CERTAIN COSTS OF ISSUANCE OF THE SERIES 2012 BONDS.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleK>
    <IRS990ScheduleO documentId="RetDoc9">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990 - ORGANIZATION'S MISSION</FormAndLineReferenceDesc>
        <ExplanationTxt>THE UNIVERSIDAD DEL SAGRADO CORAZON (SAGRADO) IS AN INDEPENDENT, NONPROFIT, CATHOLIC UNIVERSITY, COMMITTED TO THE EDUCATION OF THE WHOLE PERSON THROUGH STRONG FOUNDATION IN THE LIBERAL ARTS. SAGRADO IS PART OF PUERTO RICOS OLDEST PRIVATE, CONTINUING EDUCATIONAL PROJECT AND IS DEFINED BY A DEEPLY HELD MISSION THAT REFLECTS A DOUBLE COMMITMENT TO SOLIDARITY. THE FIRST PART OF THE MISSION STATES THAT WE SEEK TO EDUCATE PERSONS IN INTELLECTUAL FREEDOM AND MORAL CONSCIENCE. SAGRADO AIMS TO EDUCATE PERSONS, EACH IN HIS OR HER OWN INDIVIDUALITY AND WHOLENESS, TO DEVELOP THEIR OWN JUDGEMENT AND EXERCISE THEIR OWN ETHICAL RESPONSIBILITY. THE SECOND PART STATES THAT SAGRADO EDUCATES PERSONS WHO ARE WILLING TO PARTICIPATE IN THE CONSTRUCTION OF A MORE AUTHENTICALLY CHRISTIAN PUERTO RICAN SOCIETY, DEFINED AS A COMMUNITY OF SOLIDARITY IN JUSTICE AND PEACE. SAGRADOS ACADEMIC PROGRAMS AIM TO ACHIEVE THE MISSION OF DOUBLE SOLIDARITY WITHIN THE CONTEXT OUTLINED BY THE VISION OF THE WORLD AS THE CLASSROOM AND THE HUMAN PERSON AS THE CENTER OF THE ACADEMIC PROJECT. THE PROGRAMS PURSUE AN INTEGRAL EDUCATION AND SOLIDARY SOCIAL IMPACT. SAGRADO IS LED BY AN INDEPENDENT BOARD OF TRUSTEES OF COMMUNITY LEADERS. IT IS A STUDENT-CENTERED TUITION-DRIVEN TEACHING INSTITUTION. FOR THE ACADEMIC YEAR 2023-2024, SAGRADO HAD AN UNDERGRADUATE ENROLLMENT OF 3,824 AND A GRADUATE ENROLLMENT OF 491, FOR A COMBINED TOTAL OF 4,315 STUDENTS. MOST OF THE UNDERGRADUATE STUDENTS COME FROM THE MIDDLE AND LOWER SOCIAL-ECONOMIC LEVELS OF PUERTO RICAN SOCIETY.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 2, PART III, LINE 4A</FormAndLineReferenceDesc>
        <ExplanationTxt>WE OFFER 29 UNDERGRADUATE BACHELORS DEGREES AND 9 GRADUATE DEGREE PROGRAM WITHIN 5 ACADEMIC PROGRAMS: (A) THE FERR RANGEL SCHOOL OF COMMUNICATION, (B) THE SCHOOL OF ARTS, DESIGN AND CREATIVE INDUSTRIES, (C) SAGRADO'S BUSINESS SCHOOL, (D) THE SCHOOL OF HEALTH AND SCIENCES. AT THIS TIME THERE ARE 51 MINOR CONCENTRATIONS AND (E) THE GENERAL EDUCATION SCHOOL. ALL OF THE UNDERGRADUATE AND GRADUATE PROGRAMS HAVE BEEN APPROVED BY THE STATE LICENSING AUTHORITY THE BOARD OF POSTSECUNDARY INSTITUTIONS (IN SPANISH JUNTA DE INSTITUCIONES POSTSECUNDARIAS) AND THE UNIVERSITY IS ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION. VARIOUS ACADEMIC PROGRAMS ALSO HAVE THEIR PROFESSIONAL ACCREDITATION. HTTPS://WWW.SAGRADO.EDU/EN/ACCREDITATIONS/.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 2, PART III, LINE 4B</FormAndLineReferenceDesc>
        <ExplanationTxt>SAGRADO ENHANCES STUDENTS' ACADEMIC EXPERIENCE WITH VARIOUS CO-CURRICULAR RESOURCES AND FACILITIES. THE MADRE MARIA TERESA GUEVARA LIBRARY IS A MODERN LEARNING COMMONS OFFERING RESEARCH SUPPORT, TECHNOLOGY, AND COLLABORATIVE SPACES FOR KNOWLEDGE EXCHANGE ALIGNED WITH GENERAL EDUCATION. THE COMMUNICATION CENTER PROVIDES STATE-OF-THE-ART FACILITIES FOR HANDS-ON LEARNING IN MULTIMEDIA PRODUCTION, WITH RESOURCES ACCESSIBLE TO THE ENTIRE ACADEMIC COMMUNITY. THE CENTER FOR COLLABORATIVE INNOVATION (NEEUKO) SUPPORTS STUDENT ENTREPRENEURSHIP THROUGH AN IDEA LAB, FABLAB, AND CONSULTING SERVICES, EMPHASIZING SUSTAINABLE, IMPACTFUL PROJECTS. THE BIOLOGY LEARNING CENTER (CRAB) IS EQUIPPED WITH ADVANCED LABS AND RESOURCES, ENHANCING SCIENCE EDUCATION. ELEMENT 360 AND ENTREMEDIOS OFFER PRACTICAL COMMUNICATION, MARKETING, AND JOURNALISM TRAINING ENVIRONMENTS, CONNECTING STUDENTS WITH REAL CLIENTS AND MEDIA PLATFORMS. THE COMMUNITY LIAISON UNIT AND ART GALLERY ENGAGE STUDENTS IN COMMUNITY OUTREACH AND ARTISTIC EXPRESSION, PROVIDING EXHIBITION SPACES. SPECIALIZED LABORATORIES ACROSS CAMPUS INCLUDE FACILITIES FOR VARIOUS DISCIPLINES, FROM LANGUAGE LABS TO ADVANCED SCIENCE, DESIGN, AND MULTIMEDIA STUDIOS. MULTIMEDIOS AND THE TELERADIAL UNIT OFFER REAL-WORLD PRODUCTION EXPERIENCES, ALLOWING STUDENTS TO CREATE CONTENT FOR MULTIPLE MEDIA OUTLETS. FINALLY, THE EMILIO S. BELAVAL THEATER AND EXPERIMENTAL THEATER SUPPORT LIVE PERFORMANCES, EDUCATIONAL EVENTS, AND STUDENT PRODUCTIONS. THIS CO-CURRICULAR ECOSYSTEM PROMOTES PRACTICAL LEARNING, CREATIVITY, AND COMMUNITY ENGAGEMENT ACROSS DISCIPLINES.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 2, PART III, LINE 4C</FormAndLineReferenceDesc>
        <ExplanationTxt>SAGRADO OFFERS COMPREHENSIVE SUPPORT SERVICES TO FOSTER STUDENTS' ACADEMIC AND PERSONAL DEVELOPMENT. THE ATHLETIC PROGRAM SUPPORTS MEN'S AND WOMEN'S TEAMS IN SPORTS SUCH AS VOLLEYBALL, BASKETBALL, SOCCER, AND SWIMMING AS PART OF THE INTERCOLLEGIATE ATHLETIC LEAGUE (LAI), PROMOTING PHYSICAL, MENTAL, AND ACADEMIC GROWTH. STUDENT ADVISORY SERVICES INCLUDE ACADEMIC ADVISING, WHICH GUIDES STUDENTS ON STUDY PLANS, TUTORING, INTERNSHIPS, AND FINANCIAL AID; EQUITY &amp; ACCESSIBILITY, WHICH PROVIDES INDIVIDUALIZED SUPPORT FOR STUDENTS REQUIRING ACCOMMODATIONS; FINANCIAL COUNSELING, WHICH ASSISTS WITH BUDGETING, SCHOLARSHIPS, AND FAFSA; CAREER COUNSELING, WHICH PREPARES STUDENTS FOR PROFESSIONAL GROWTH; AND MOBILITY ADVISING, WHICH SUPPORTS STUDENT EXCHANGES, STUDY ABROAD, AND INCLUDES A PEACE CORPS PREP PROGRAM. STUDENT SUPPORT PROGRAMS SUCH AS PAE, A FEDERALLY FUNDED TRIO INITIATIVE, OFFER COUNSELING, ACADEMIC SUPPORT, AND SCHOLARSHIPS FOR OVER 600 ELIGIBLE STUDENTS. THE ABILITIES+ TRIO PROGRAM SERVES STUDENTS WITH DISABILITIES, PROVIDING EDUCATIONAL SUPPORT, ACCOMMODATIONS, AND TUTORING. THE CENTER FOR PROFESSIONAL AND INTERNATIONAL EXPERIENCES (CEPI) COMBINES SAGRADO CAREERS AND SAGRADO INTERNATIONAL TO OFFER CAREER DEVELOPMENT AND STUDY-ABROAD OPPORTUNITIES. THE SOPHIA CENTER IS A FAITH-BASED CENTER THAT PROMOTES SOCIAL JUSTICE, SPIRITUAL GROWTH, AND COMMUNITY ENGAGEMENT, OFFERING THEOLOGY, VOLUNTEERISM, AND PSYCHO-SPIRITUAL SUPPORT PROGRAMS. SAGRADO UPHOLDS INCLUSIVITY AND DOES NOT REQUIRE RELIGIOUS PARTICIPATION WHILE RESPECTFULLY HONORING ITS CATHOLIC IDENTITY THROUGH EXPRESSIONS OF FAITH AND VALUES.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 2, PART III, LINE 4D</FormAndLineReferenceDesc>
        <ExplanationTxt>THE OFFICE OF ENROLLMENT MANAGEMENT PROVIDES FINANCIAL ASSISTANCE SERVICES, INCLUDING COUNSELING ON STATE AND FEDERAL FINANCIAL AID PROGRAMS. THE SAGRADO SCHOLARSHIP PROGRAM OFFERS SUPPLEMENTAL AID FOR STUDY-RELATED EXPENSES NOT COVERED BY PELL GRANTS, SUPPORTING STUDENTS' ACADEMIC, PERSONAL, AND PROFESSIONAL GROWTH. THIS PROGRAM INCLUDES CONTINUITY SCHOLARSHIPS, ANNUAL SCHOLARSHIPS, AND THE SAGRADO ACHIEVERS HONOR &amp; PERSISTENCE INCENTIVE. ATHLETIC SCHOLARSHIPS SUPPORT STUDENT-ATHLETES WHO MEET ACADEMIC AND ATHLETIC REQUIREMENTS, WHICH CAN BE COMBINED WITH OTHER SCHOLARSHIPS. SAGRADO PROVIDES MULTIPLE RESIDENCE HALLS STAFFED 24/7 DURING ACADEMIC TERMS, WITH ACCOMMODATIONS AVAILABLE FOR STUDENTS WITH FUNCTIONAL DIVERSITY. CAMPUS SECURITY MAINTAINS A SAFE ENVIRONMENT BY MANAGING SECURITY PROTOCOLS AND EMERGENCY INFORMATION. PARKING PERMITS ARE AVAILABLE FOR REGISTERED VEHICLES, WITH ADHERENCE TO CAMPUS REGULATIONS. OPERATIONS MANAGE DINING OPTIONS IN THE STUDENT CENTER, BARAT SUR CAFETERIAS, AND CAF SAGRADO IN THE LIBRARY. THE PEDAGOGICAL INNOVATION UNIT SUPPORTS FACULTY WITH INSTRUCTIONAL DESIGN, TECHNOLOGY INTEGRATION, AND TRAINING IN EFFECTIVE METHODOLOGIES, OFFERING COLLABORATIVE WORKSPACES. THE INTEGRATED COMPUTING AND TECHNOLOGY UNIT ALSO MANAGES INSTITUTIONAL SYSTEMS AND IT RESOURCES.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 7A</FormAndLineReferenceDesc>
        <ExplanationTxt>PURSUANT TO THE UNIVERSITY BYLAWS, THE ORIGINAL SPONSOR OF THE UNIVERSITY, THE SOCIETY OF THE SACRED HEART, APPOINTS THREE OF THE TRUSTEES DIRECTLY. ONCE APPOINTED, THESE TRUSTEES HAVE THE SAME FIDUCIARY DUTIES AS ALL THE OTHER TRUSTEES. THE SOCIETY RETAINS NO OTHER ROLES IN THE GOVERNANCE OF THE UNIVERSITY.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD OF TRUSTEES USES A SECURE ELECTRONIC PLATFORM TO STORE AND MAINTAIN GOVERNING DOCUMENTS (BYLAWS, REGULATIONS, CORPORATE RESOLUTIONS, AND ELECTRONIC VOTING BALLOTS), MEETING AGENDAS, MINUTES AND MATERIALS, AND OTHER RELEVANT INFORMATION OF INTEREST TO THE BOARD MEMBERS SUCH AS CONTACT INFORMATION. ALL BOARD MEMBERS HAVE ACCESS TO THE SECURED PLATFORM. THE FORM 990 WAS PUBLISHED IN THE SECURED PLATFORM, AND BOARD MEMBERS RECEIVED AN ELECTRONIC COMMUNICATION INFORMING THEM THAT FORM 990 WAS AVAILABLE FOR REVIEW AND COMMENTS PRIOR TO ITS FILING. THE BOARD OF TRUSTEES APPROVED FORM 990.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ARE MANDATED TO UNDERGO AN ANNUAL DISCLOSURE PROCESS, REQUIRING THEM TO DIVULGE ANY INTERESTS THAT MAY POTENTIALLY GIVE RISE TO CONFLICTS OF INTEREST. THIS ANNUAL DISCLOSURE IS FACILITATED THROUGH THE COMPLETION OF A CONFLICT-OF-INTEREST CERTIFICATE. THIS DUTY EXTENDS TO VARIOUS MEMBERS OF THE UNIVERSITY COMMUNITY, INCLUDING TRUSTEES, THE UNIVERSITY PRESIDENT, INTERNAL AUDITORS, EXECUTIVE MANAGEMENT, SUPERVISORS, EMPLOYEES CONTRACTED UNDER FEDERAL, STATE, OR PRIVATE GRANTS, AND OTHERS. THE MONITORING OF THIS PROCESS IS ASSISTED THROUGHOUT THE INTERNAL AUDITOR ROLE, WHO MAINTAINS CUSTODY OF THE CONFLICT-OF-INTEREST CERTIFICATIONS AND ANY OTHER RELATED DOCUMENTATION. THE INTERNAL AUDITOR REFERS MATTERS REQUIRING EVALUATION TO THE GENERAL COUNSEL OR THE CONFLICT-OF-INTEREST EVALUATION COMMITTEE. THE GENERAL COUNSEL AND THE CONFLICT-OF-INTEREST EVALUATION COMMITTEE ARE RESPONSIBLE TO REPORT THE RESULTS OF THE EVALUATION AND RECOMMENDATIONS TO THE UNIVERSITY PRESIDENT.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD OF TRUSTEES REVIEWS THE PRESIDENTS COMPENSATION ANNUALLY PURSUANT TO THE UNIVERSITYS BYLAWS. THE BOARDS INSTITUTIONAL GOVERNANCE COMMITTEE REVIEWS THE PRESIDENTS PERFORMANCE AND REPORTS ITS RECOMMENDATIONS TO THE BOARD. THE REVIEW AND DECISIONS ARE DOCUMENTED IN THE MINUTES OF THE BOARD AND THE INSTITUTIONAL GOVERNANCE COMMITTEE MEETINGS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE COMPENSATION OF OFFICERS, DIRECTORS, AND KEY EMPLOYEES IS BASED ON COMPARATIVE DATA FOR THE PROFESSIONAL DISCIPLINE IN THE MARKET AND WITH OTHER HIGHER EDUCATION INSTITUTIONS IN PUERTO RICO.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 18</FormAndLineReferenceDesc>
        <ExplanationTxt>FORM 990 FOR FISCAL YEAR ON JUNE 30, 2023 IS AVAILABLE AT HTTPS://WWW.SAGRADO.EDU/GOVERNANCE-INSTITUTIONAL-DISCLOSURES/.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE CONFLICT OF INTEREST POLICY IS AVAILABLE AT SAGRADOS WEBPAGE AT: HTTPS://POLITICAS.SAGRADO.EDU/ AND IN THE INTERNAL PORTAL. THE BYLAWS AND THE CERTIFICATE OF INCORPORATION ARE AVAILABLE AT HTTPS://WWW.SAGRADO.EDU/GOVERNANCE-INSTITUTIONAL-DISCLOSURES/. THE FINANCIAL STATEMENTS FOR FISCAL YEAR ENDING JUNE 30, 2024 WILL BE AVAILABLE AT HTTPS://WWW.SAGRADO.EDU/GOVERNANCE-INSTITUTIONAL-DISCLOSURES/.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART IX, LINE 11G</FormAndLineReferenceDesc>
        <ExplanationTxt>1,949,114 2,898,664 0</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XI, LINE 9</FormAndLineReferenceDesc>
        <ExplanationTxt>MINIMUM PENSION LIABILITY ADJUSTMENT 1,427,575</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>