2024-04-05T13:12:32-05:00 2023-05-31 135565207 KPMG LLP 8350 BROAD STREET SUITE 900 MCLEAN VA 22102 990 2022-06-01 520591623 LOYOLA UNIVERSITY MARYLAND INC LOYO 4106172917 4501 N CHARLES STREET BALTIMORE MD 212102699 JOHN COPPOLA VP FOR FIN/ADMN/TRSR 4106172917 2024-04-02 1 JOHN COPPOLA 999009999 0 BRIAN KEARNS P02061479 7032868000 2024-03-27 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOHN COPPOLA 4501 N CHARLES STREET BALTIMORE MD 212102699 370339498 0 X WWW.LOYOLA.EDU X 1853 MD LOYOLA UNIVERSITY MARYLAND INC IS A JESUIT CATHOLIC UNIVERSITY COMMITTED TO THE EDUCATIONAL TRADITIONS OF THE SOCIETY OF JESUS AND THE DEVELOPMENT OF THE WHOLE PERSON. 33 32 2921 0 177841 0 32722996 30416786 267331719 291357683 18129452 11272310 984523 1084891 319168690 334131670 111417401 134129778 0 0 103409670 102970276 52720 203873 4333975 91114432 97465706 305994223 334769633 13174467 -637963 751113089 741217550 172406030 172770839 578707059 568446711 X SEE SCHEDULE O. 0 0 205206097 134108957 230627087 INSTRUCTION OF 4,000 UNDERGRADUATE AND 1,300 GRADUATE STUDENTS (5,300 STUDENTS). 36895579 6211284 PROVIDING ACADEMIC AND SUPPORT SERVICES TO STUDENTS (5,300 STUDENTS). 41337027 55578117 HOUSING, FOOD SERVICE, AND OTHER STUDENT SERVICES. 3550921 20821 RESEARCH AND DEVELOPMENT AND PUBLIC SERVICE PRGMS 3550921 20821 286989624 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 1 1 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 1 0 1 1 0 0 0 1 0 0 0 1 X 578 0 1 2921 1 1 1 1 BE EI SP TH UK 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 33 32 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X X JOHN COPPOLA 4106172917 4501 N CHARLES STREET BALTIMORE MD 212102699 TERRENCE SAWYER TRUSTEE & PRESIDENT 50.00 0.00 X X 647897 0 44066 RONALD AMIOT TRUSTEE 0.50 0.00 X 0 0 0 TINA BJAREKULL TRUSTEE 0.50 0.00 X 0 0 0 SUSAN BLOOMFIELD TRUSTEE 0.50 0.00 X 0 0 0 KENNETH F BOEHL TRUSTEE 0.50 0.00 X 0 0 0 WILLIAM BURKE TRUSTEE 0.50 0.00 X 0 0 0 ROBERT CAWLEY TRUSTEE 0.50 0.00 X 0 0 0 JOSEPH COSTANTINO SJ TRUSTEE 0.50 0.00 X 0 0 0 ANTHONY I DAY TRUSTEE 0.50 0.00 X 0 0 0 WALTER DOGGETT TRUSTEE 0.50 0.00 X 0 0 0 SUSAN M DONOVAN TRUSTEE 0.50 0.00 X 0 0 0 JUSTIN DOO TRUSTEE 0.50 0.00 X 0 0 0 ANN DOYLE TRUSTEE 0.50 0.00 X 0 0 0 RACHAEL DUGAN TRUSTEE 0.50 0.00 X 0 0 0 KIMBERLY ELLISON-TAYLOR TRUSTEE 0.50 0.00 X 0 0 0 MARY FANNING TRUSTEE 0.50 0.00 X 0 0 0 JAMES D FORBES TRUSTEE 0.50 0.00 X 0 0 0 GERRY GECKLE TRUSTEE 0.50 0.00 X 0 0 0 KEVIN GILLESPIE SJ TRUSTEE 0.50 0.00 X 0 0 0 ELAINE GRILLO TRUSTEE 0.50 0.00 X 0 0 0 H EDWARD HANWAY TRUSTEE 0.50 0.00 X 0 0 0 GERARD E HOLTHAUS TRUSTEE 0.50 0.00 X 0 0 0 KATHERINE JENNINGS TRUSTEE 0.50 0.00 X 0 0 0 JAMES F KEENAN SJ TRUSTEE 0.50 0.00 X 0 0 0 GREGORY KELLY TRUSTEE 0.50 0.00 X 0 0 0 MARK KNOTT TRUSTEE 0.50 0.00 X 0 0 0 JAMES LAMBDIN TRUSTEE 0.50 0.00 X 0 0 0 JJ MATTHEWS TRUSTEE 0.50 0.00 X 0 0 0 MICHAEL MCCARTHY SJ TRUSTEE 0.50 0.00 X 0 0 0 CHRISTIAN MCNEILL TRUSTEE 0.50 0.00 X 0 0 0 DAVID METZGER TRUSTEE 0.50 0.00 X 0 0 0 JEFFREY A NATTANS TRUSTEE 0.50 0.00 X 0 0 0 DANIEL RIZZO TRUSTEE 0.50 0.00 X 0 0 0 MARK ROUCHARD TRUSTEE 0.50 0.00 X 0 0 0 JAMES S SKESAVAGE JR TRUSTEE 0.50 0.00 X 0 0 0 ROGER WAESCHE TRUSTEE 0.50 0.00 X 0 0 0 CHERYL MOORE-THOMAS VICE PRESIDENT 50.00 0.00 X 262725 0 41721 JOHN COPPOLA VICE PRESIDENT 50.00 0.00 X 301250 0 45979 BRIAN OAKES VICE PRESIDENT 50.00 0.00 X 231153 0 29644 DEBORAH CADY MELZER VICE PRESIDENT 50.00 0.00 X 133273 0 15666 STEPHANIE COLDREN CHIEF OF STAFF 50.00 0.00 X 81250 0 16909 ERIC NICHOLS VICE PRESIDENT 50.00 0.00 X 312065 0 26287 MARY ANN SCULLY DEAN 50.00 0.00 X 160000 0 1221 STEPHEN FOWL DEAN 50.00 0.00 X 210324 0 28064 AFRA HERSI DEAN 50.00 0.00 X 187673 0 27476 CHARLES TOOMEY HEAD COACH MEN'S LACROSSE 50.00 0.00 X 385917 0 45177 DONNA WOODRUFF ASST VP & DIRECTOR ATHLETICS 50.00 0.00 X 275780 0 28696 JENNIFER ADAMS HEAD COACH WOMEN'S LACROSSE 50.00 0.00 X 266017 0 29082 FRANK D'SOUZA PROFESSOR 50.00 0.00 X 242837 0 20214 TAVARAS HARDY HEAD COACH MEN'S BASKETBALL 50.00 0.00 X 329040 0 43764 ROBERT KELLY FORMER VICE PRESIDENT 50.00 0.00 X 113535 0 10545 AMANDA THOMAS FORMER PROVOST 50.00 0.00 X 162500 0 36959 BOBBY WALDRUP FORMER DEAN 50.00 0.00 X 242524 0 36714 4545760 0 528184 180 1 1 0 PARKHURST DINING PO BOX 644091 PITTSBURGH PA 15264 FOOD SVC OPERATIONS 15387115 WHITING TURNER 300 E JOPPA ROAD BALTIMORE MD 21286 CONSTRUCTION 4675676 JOHNSON CONTROLS 60 LOVETON CIRCLE SPARKS MD 21152 HVAC SERVICES 1379428 ELLUCIAN COMPANY 4 COUNTRY VIEW ROAD MALVERN PA 19355 SOFTWARE LICENSING 878138 AWG DEWAR INC 4 BATTERYMARCH PARK QUINCY MA 02169 TUITION REFUND PLAN 615041 85 302450 20828665 9285671 1626041 30416786 TUITION AND FEES 900099 230449246 230449246 RESIDENCE, FOOD SERV., TELEPHONE 900099 55578117 55578117 ATHLETICS, CONFERENCES, OTHER AUX 900099 2490666 601878 67413 1821375 ID CARDS, ORIENTATION, PARKING 900099 685511 685511 SPECIAL EDUCATION PROGRAMS 900099 671573 671573 1482570 1482570 291357683 4848846 110428 4738418 65848 65848 384367 0 384367 384367 384367 42236501 35813037 6423464 6423464 6423464 148503 302450 394791 -246288 -246288 MISCELLANEOUS 900099 880964 880964 880964 334131670 290349859 177841 13187184 20821 20821 132019081 132019081 2089876 2089876 3582578 2539987 565141 477450 79869516 65125426 12567564 2176526 5634174 4152343 1342040 139791 8143723 5999565 1917083 227075 5740285 4502516 1050957 186812 286319 286319 269576 269576 35175 35175 203873 203873 1340975 5839 1335136 28969426 24952560 3877531 139335 1874190 1003092 845385 25713 5698324 2702547 2899416 96361 4824336 1410918 3365143 48275 7482 7482 9489314 4077152 5412162 4013424 3440777 510005 62642 1557793 1043631 500927 13235 5590837 5579173 11664 12665015 11643742 920611 100662 2235065 34325 2200740 LIBRARY OPERATIONS 3164144 3164144 STUDY ABROAD TUITION 3028578 3028578 12415733 8410874 3568634 436225 334769633 286989624 43446034 4333975 34000 34000 21550350 16827673 5173821 6245852 3776538 4641885 600170 284416 2838359 8544504 578344531 247074316 333717086 331270215 182561623 162631686 182558152 188948691 560432 423049 17742558 21365579 751113089 741217550 16964680 16806827 5552531 6318656 143456348 138781391 6432471 10863965 172406030 172770839 X 389333197 381375573 189373862 187071138 578707059 568446711 751113089 741217550 X -637963 -8827341 -795044 X 0 1 X 1 1 1 X 22108663 19794160 29065420 32722996 30416786 134108025 22108663 19794160 29065420 32722996 30416786 134108025 1847489 132260536 8245827 5595287 16363666 2380947 5299061 37884788 171992813 1318485680 0.76900 0.75510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 48158 0 0 48158 0 PART II-B, LINE 1G, LOBBYING ACTIVITIES: THE UNIVERSITY UTILIZED THE SERVICES OF A CONSULTING FIRM TO ASSIST WITH LOBBYING ACTIVITIES AND ALSO HAS AN EMPLOYEE WHO SPENDS A SMALL PORTION OF THEIR TIME IN THE SAME REGARD. THESE LOBBYING ACTIVITIES ARE TYPICALLY PERFORMED IN STATE AND LOCAL VENUES, BUT MAY ESCALATE IN CERTAIN SITUATIONS TO THE FEDERAL LEVEL. THESE ACTIVITIES TO DO NOT CONSTITUTE A SIGNIFICANT PORTION OF THE UNIVERSITY'S ACTIVITIES. 96398 X 0 0 301817062 4910516 1146058 3773026 8976697 1340975 293782938 307797710 8987524 -1406000 3287407 8134877 2139888 301817062 232556136 4286866 85361207 2954276 8021043 3431180 307797710 224629485 16509330 3874544 3047960 7930181 1479082 232556136 228151432 4229803 4224500 2889242 7707814 1379194 224629485 0.47920 0.52080 0 0 28787293 28787293 487879650 205361100 282518550 43069420 40528425 2540995 18608168 1184791 17423377 331270215 PRIVATE EQUITY 92226175 F EQUITY FUNDS 44252419 F HEDGE FDS: MULTI-STRATEGY FDS 23929923 F HEDGE FDS: LONG/SHORT 17718781 F HEDGE FDS: NONAGENCY RES MBS 10111297 F OTHER 710096 F 188948691 OPERATING LEASE LIABILITY 5997061 ASSET RETIREMENT OBLIGATION 3396485 PERKINS LOAN FUND 1182120 ANNUITY LIABILITY 281262 POOLED INCOME LIABILITY 7037 10863965 X 190249186 -8827343 -8827343 199076529 1340975 133714166 135055141 334131670 199714492 394791 394791 199319701 1340975 134108957 135449932 334769633 PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT FUND HELPS PROVIDE AFFORDABLE EDUCATION TO STUDENTS BY PROVIDING FUNDS FOR FINANCIAL AID AND BY SUPPORTING THE OPERATIONS OF THE UNIVERSITY. PART X, LINE 2: THE UNIVERSITY IS QUALIFIED AS A NOT-FOR-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED. ACCORDINGLY, THE UNIVERSITY IS NOT SUBJECT TO INCOME TAXES EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. NO PROVISION FOR INCOME TAXES WAS REQUIRED FOR FISCAL YEARS 2023 OR 2022. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE UNIVERSITY AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE UNIVERSITY HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE UNIVERSITY, AND HAS CONCLUDED THAT AS OF MAY 31, 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE UNIVERSITY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; THERE ARE CURRENTLY NO TAX AUDITS OF THE FINANCIAL STATEMENTS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 134,108,957. DIRECT FUNDRAISING EXPENSE -394,791. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSE 394,791. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSE 134,108,957. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 SEE SUPPLEMENTAL PAGE SCHEDULE E, PART I, LINE 6 LOYOLA UNIVERSITY MARYLAND PARTICIPATES IN THE FOLLOWING FEDERAL STUDENT FINANCIAL AID PROGRAMS: FEDERAL PELL GRANT, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT (FSEOG), FEDERAL WORK-STUDY, FEDERAL DIRECT STUDENT LOANS (SUBSIDIZED AND UNSUBSIDIZED), FEDERAL DIRECT PARENT PLUS LOAN, TEACH GRANT AND DVA YELLOW RIBBON GRANT. SCHEDULE E, LINE 3: LOYOLA UNIVERSITY MARYLAND DOES NOT DISCRIMINATE ON THE BASIS OF RACE, SEX, COLOR, NATIONAL OR ETHNIC ORIGIN, AGE, RELIGION, DISABILITY, MARITAL STATUS, SEXUAL ORIENTATION, GENDER IDENTITY, GENETIC INFORMATION, MILITARY STATUS, OR ANY OTHER LEGALLY PROTECTED CLASSIFICATION IN THE ADMINISTRATION OF ANY OF ITS EDUCATIONAL PROGRAMS AND ACTIVITIES OR WITH RESPECT TO ADMISSION OR EMPLOYMENT. THE DESIGNATED COMPLIANCE OFFICER TO ENSURE COMPLIANCE WITH TITLE IX OF THE EDUCATION AMENDMENTS OF 1972, AS AMENDED, IS DAVID TISCIONE, DIRECTOR TITLE IX COMPLIANCE AND ASSESSMENT, 4501 N. CHARLES STREET, JENKINS RM 105B, 410-617-2763, DMTISCIONE@LOYOLA.EDU. THE COORDINATOR TO ENSURE COMPLIANCE WITH SECTION 504 OF THE REHABILITATION ACT OF 1973, AS AMENDED, IS DAVID TISCIONE, DIRECTOR TITLE IX COMPLIANCE AND ASSESSMENT, 4501 N. CHARLES STREET, JENKINS RM 105B, 410-617-2763, DMTISCIONE@LOYOLA.EDU. LOYOLA UNIVERSITY IS AUTHORIZED UNDER FEDERAL LAW TO ENROLL NON-IMMIGRANT, ALIEN STUDENTS. THIS PUBLICATION DOES NOT CONSTITUTE AN EXPRESS OR IMPLIED CONTRACT. LOYOLA RESERVES THE RIGHT TO AMEND OR RESCIND THIS PUBLICATION AT ANY TIME. 1 CENTRAL AMERICA/CARIBBEAN 0 0 INVESTMENTS 62618338 EAST ASIA AND THE PACIFIC 0 2 PROGRAM SERVICES INTERNATIONAL STUDIES 658604 EUROPE 2 5 PROGRAM SERVICES INTERNATIONAL STUDIES 4280981 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES INTERNATIONAL STUDIES 16998 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES INTERNATIONAL STUDIES 102101 CENTRAL AMERICA/CARIBBEAN 0 0 PROGRAM SERVICES FINANCIAL AID 76260 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES FINANCIAL AID 204532 EUROPE 0 0 PROGRAM SERVICES FINANCIAL AID 1142866 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES FINANCIAL AID 100990 NORTH AMERICA 0 0 PROGRAM SERVICES FINANCIAL AID 359228 SOUTH AMERICA 0 0 PROGRAM SERVICES FINANCIAL AID 110000 SOUTH ASIA 0 0 PROGRAM SERVICES FINANCIAL AID 51000 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES FINANCIAL AID 45000 2 7 0 0 2 7 69100680 666218 69766898 FINANCIAL ASSISTANCE CENTRAL AMERICA/CARIBBEAN 2 76260 FINANCIAL AID FMV FINANCIAL ASSISTANCE EAST ASIA/PACIFIC 5 204532 FINANCIAL AID FMV FINANCIAL ASSISTANCE EUROPE/ICELAND/GREENLAND 14 1142866 FINANCIAL AID FMV FINANCIAL ASSISTANCE MIDDLE EAST/NORTH AFRICA 2 100990 FINANCIAL AID FMV FINANCIAL ASSISTANCE NORTH AMERICA 5 359228 FINANCIAL AID FMV FINANCIAL ASSISTANCE SOUTH AMERICA 3 110000 FINANCIAL AID FMV FINANCIAL ASSISTANCE SOUTH ASIA 1 51000 FINANCIAL AID FMV FINANCIAL ASSISTANCE SUB-SAHARAN AFRICA 1 45000 FINANCIAL AID FMV 1 0 1 1 1 0 PART I, LINE 2: ALL FINANCIAL AID IS APPLIED DIRECTLY TO THE STUDENTS' OUTSTANDING RECEIVABLE BALANCES. NO CASH IS PHYSICALLY TRANSMITTED. CREDIT BALANCES THAT RESULT FROM FEDERAL STUDENT AND PARENT LOAN PROCEEDS ARE DISTRIBUTED TO THE BORROWER WITHIN THE SPECIFIED TIME FRAME REQUIRED BY THE REGULATIONS GOVERNING THESE PROGRAMS. ELIGIBILITY FOR NEED-BASED GRANTS, LOANS, AND WORK-STUDY FORMS OF FEDERAL STUDENT AID IS DETERMINED USING THE RESULTS OF THE FEDERAL METHODOLOGY NEED ANALYSIS FORMULA. STUDENT AID AWARDED FROM BOTH FEDERAL AND INSTITUTIONAL SOURCES ARE MONITORED CONTINUOUSLY THROUGHOUT THE FISCAL YEAR USING VARIOUS BUDGET STATUS REPORTS, STUDENT ACCOUNT STATUS REPORTS, AND DEFERRAL AND INSTITUTIONAL PROGRAM RECONCILIATION REPORTS. PART III ACCOUNTING METHOD: X X X X X X X 1 EAB 11011 W BROAD STREET GLEN ALLEN VA 23060 FUNDRAISING 0 657830 170973 486857 PG CALC 129 MOUNT AUBURN ST CAMBRIDGE MA 02138 ADVISORY 0 0 7900 0 CCS FUNDRAISING 100 EAST PRATT STREET BALTIMORE MD 21202 ADVISORY 0 0 25000 0 657830 203873 486857 AL AK AR CA CO CT DC FL GA HI IL KS KY LA ME MD MA MI MN MS NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI GOLF INVITATIONAL 122600 105000 17600 7701 123030 1550 BUSINESS LEADER DINNER 257750 193000 64750 146734 55979 1 70603 4450 66153 22559 29024 8214 450953 302450 148503 7701 123030 169293 29024 65743 394791 -246288 1 THE LOYOLA NOTRE DAME LIBRARY INC 200 WINSTON AVENUE BALTIMORE MD 21212 520881396 501(C)(3) 20821 0 CAPITAL CONTRIBUTION 1 0 FINANCIAL ASSISTANCE 4170 132019081 FMV FINANCIAL AID PART I, LINE 2: GRANTS AND OTHER ASSISTANCE TO INDIVIDUALS IN THE UNITED STATES: ALL FINANCIAL AID IS APPLIED DIRECTLY TO THE STUDENTS' OUTSTANDING RECEIVABLE BALANCE. NO CASH IS PHYSICALLY TRANSMITTED. CREDIT BALANCES THAT RESULT FROM FEDERAL STUDENT AND PARENT LOAN PROCEEDS ARE DISTRIBUTED TO THE BORROWER WITHIN THE SPECIFIED TIME FRAME REQUIRED BY THE REGULATIONS GOVERNING THESE PROGRAMS. ELIGIBILITY FOR NEED-BASED GRANTS, LOANS, AND WORK-STUDY FORMS OF FEDERAL STUDENT AID IS DETERMINED USING THE RESULTS OF THE FEDERAL METHODOLOGY NEED ANALYSIS FORMULA. STUDENT AID AWARDED FROM BOTH FEDERAL AND INSTITUTIONAL SOURCES ARE MONITORED CONTINUOUSLY THROUGHOUT THE FISCAL YEAR USING VARIOUS BUDGET STATUS REPORTS, STUDENT ACCOUNT STATUS REPORTS, AND DEFERRAL AND INSTITUTIONAL PROGRAM RECONCILIATION REPORTS. X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 TERRENCE SAWYER TRUSTEE & PRESIDENT 500000 0 35000 0 112897 0 27450 0 16616 0 691963 0 0 0 CHARLES TOOMEY HEAD COACH MEN'S LACROSSE 375000 0 0 0 10917 0 27450 0 17727 0 431094 0 0 0 TAVARAS HARDY HEAD COACH MEN'S BASKETBALL 310000 0 5000 0 14040 0 27450 0 16314 0 372804 0 0 0 JOHN COPPOLA VICE PRESIDENT 301250 0 0 0 0 0 26691 0 19288 0 347229 0 0 0 ERIC NICHOLS VICE PRESIDENT 284200 0 27865 0 0 0 25578 0 709 0 338352 0 0 0 DONNA WOODRUFF ASST VP & DIRECTOR ATHLETICS 240555 0 15000 0 20225 0 21650 0 7046 0 304476 0 0 0 CHERYL MOORE-THOMAS VICE PRESIDENT 262725 0 0 0 0 0 23645 0 18076 0 304446 0 0 0 JENNIFER ADAMS HEAD COACH WOMEN'S LACROSSE 231000 0 22000 0 13017 0 20790 0 8292 0 295099 0 0 0 BOBBY WALDRUP FORMER DEAN 242524 0 0 0 0 0 23306 0 13408 0 279238 0 0 0 FRANK D'SOUZA PROFESSOR 212837 0 30000 0 0 0 19155 0 1059 0 263051 0 0 0 BRIAN OAKES VICE PRESIDENT 230836 0 0 0 317 0 21741 0 7903 0 260797 0 0 0 STEPHEN FOWL DEAN 210324 0 0 0 0 0 18929 0 9135 0 238388 0 0 0 AFRA HERSI DEAN 187673 0 0 0 0 0 16891 0 10585 0 215149 0 0 0 AMANDA THOMAS FORMER PROVOST 162500 0 0 0 0 0 24628 0 12331 0 199459 0 0 0 MARY ANN SCULLY DEAN 160000 0 0 0 0 0 0 0 1221 0 161221 0 0 0 ROBERT KELLY FORMER VICE PRESIDENT 113535 0 0 0 0 0 10218 0 327 0 124080 0 0 0 PART I, LINE 1A HEALTH OR SOCIAL CLUB DUES: THE FOLLOWING INDIVIDUALS RECEIVED MEMBERSHIPS IN LOCAL COUNTRY CLUBS OR SOCIAL CLUBS AS PART OF THEIR JOB DUTIES WITH THE UNIVERSITY: TERRENCE SAWYER, DONNA WOODRUFF, AMANDA THOMAS AND JOHN COPPOLA. THE UNIVERSITY TRACKS USAGE OF THESE CLUBS AND REPORTS PERSONAL USE AS TAXABLE INCOME ON THE EMPLOYEES' W-2. A MD HEALTH AND HIGHER EDUC FACILITIES AUTHORITY 520936091 574218JJ3 2012-06-07 53943256 2012A-REFUNDING 1 0 0 B MD HEALTH AND HIGHER EDUC FACILITIES AUTHORITY 520936091 574218RY1 2014-10-30 63876116 2014-REFUNDING 0 0 0 C MD HEALTH AND HIGHER EDUC FACILITIES AUTHORITY 520936091 5742185T6 2019-12-19 51355256 2019A-2012B REFINANCING AND CONSTRUCTION COSTS 0 0 0 A 16800000 31560000 53943256 498916 53444340 2009 1 0 1 1 B 63876116 567776 63308340 2006 0 1 1 1 C 9065000 51590190 378496 27281694 23930000 2022 1 0 0 1 A 0 0 1 1 0 0.00700 0.00700 0 0 1 B 0 0 1 1 0 0 0 1 C 0 0 1 1 0 0 0 1 A 0 0 0 1 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 A 1 B 1 C 1 PART I, ROW A, COLUMN (A): MARYLAND HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY. PART I, ROW B, COLUMN (A): MARYLAND HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY. PART I, ROW C, COLUMN (A): MARYLAND HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY. PART I, ROW A, COLUMN F: THE PURPOSE OF THE ISSUE WAS THE REFUNDING OF ISSUES DATED 09/17/2008, 12/04/2007, AND 6/23/1999 PART I, ROW B, COLUMN F: THE PURPOSE OF THE ISSUE WAS THE REFUNDING OF AN ISSUE DATED 1/04/2006 PART I, ROW C, COLUMN F: THE PURPOSE OF THE ISSUE WAS THE REFUNDING OF AN ISSUE DATED 12/03/2014 AND FINANCING VARIOUS CAPITAL EXPENDITURES. PART II, COLUMN A, LINE 11: THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW. PART II, COLUMN B, LINE 11: THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW. PART II, COLUMN C, LINE 11: THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW. PART IV, COLUMN A: A REBATE CALCULATION WAS PERFORMED ON JANUARY 24, 2017 WITH NO REBATE LIABILITY BEING DUE. PART IV, COLUMN B: A REBATE CALCULATION WAS PERFORMED ON OCTOBER 3, 2019 WITH NO REBATE LIABILITY BEING DUE. PART IV, COLUMN C: A REBATE CALCULATION WAS PERFORMED ON MAY 31, 2022 WITH NO REBATE LIABILITY BEING DUE. RELATED TO SUBSTANTIAL CONTRIBUTOR EMPLOYEE 39000 FINANCIAL AID UG TUITION REMISSION RELATED TO SUBSTANTIAL CONTRIBUTOR EMPLOYEE 18175 FINANCIAL AID HIGH SCHOOL TUITION REMISSION COURTNEY SAWYER SPOUSE OF KEY EMPLOYEE 1564 EMPLOYMENT/COMPENSATION 0 X 4 9400 FMV X 96 1614661 FMV X 3 1980 FMV 0 0 1 0 PART I, COLUMN (B): THIS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTIONS, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: LOYOLA UNIVERSITY MARYLAND INC IS A JESUIT CATHOLIC UNIVERSITY COMMITTED TO THE EDUCATIONAL AND SPIRITUAL TRADITIONS OF THE SOCIETY OF JESUS AND TO THE IDEALS OF LIBERAL EDUCATION AND THE DEVELOPMENT OF THE WHOLE PERSON. ACCORDINGLY, THE UNIVERSITY WILL INSPIRE STUDENTS TO LEARN, LEAD AND SERVE IN A DIVERSE AND CHANGING WORLD. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, THE FORM 990 IS REVIEWED BY THE VICE PRESIDENT FOR FINANCE AND AN INDEPENDENT TAX ACCOUNTANT AT KPMG. ALL MEMBERS OF THE BOARD OF TRUSTEES ARE PROVIDED AN ELECTRONIC COPY OF THE COMPLETE FORM. THE FORM IS FILED AFTER ALL COMMENTS FROM THE BOARD OF TRUSTEES ARE ADDRESSED. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS REQUIRED TO COMPLETE AND FILE WITH THE SECRETARY OF THE UNIVERSITY, ON OR BEFORE SEPTEMBER 1 OF EACH YEAR, INFORMATION ABOUT POSSIBLE BENEFICIAL OR ADVERSE INTERESTS AFFECTING LOYOLA UNIVERSITY MARYLAND, INCLUDING INTERESTS OF IMMEDIATE FAMILY MEMBERS AND ORGANIZATIONS IN WHICH THE BOARD MEMBER (OR MEMBER OF HIS OR HER FAMILY) HAS A SIGNIFICANT MANAGEMENT FUNCTION OR SIGNIFICANT OWNERSHIP INTEREST. UNIVERSITY ADMINISTRATORS ARE REQUIRED TO ACT IN WAYS CONSISTENT WITH THEIR FIDUCIARY RESPONSIBILITIES TO THE UNIVERSITY. IF A UNIVERSITY ADMINISTRATOR BELIEVES THAT HE OR SHE MAY HAVE A CONFLICT OF INTEREST, THE ADMINISTRATOR SHALL PROMPTLY FULLY DISCLOSE THE CONFLICT TO THE PRESIDENT OF THE UNIVERSITY AND SHALL REFRAIN FROM PARTICIPATION IN ANY WAY IN THE MATTER TO WHICH THE CONFLICT RELATES UNTIL THE QUESTION HAS BEEN RESOLVED. THE PRESIDENT SHALL CONSULT WITH UNIVERSITY COUNSEL REGARDING ALL CONFLICT QUESTIONS OF WHICH HE IS INFORMED AND SHALL REPORT REGULARLY TO THE BOARD OF TRUSTEES ANY UNRESOLVED CONFLICT QUESTIONS. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A: TERRENCE J. SAWYER WAS APPOINTED AS THE NEW PRESIDENT OF THE UNIVERSITY EFFECTIVE JANUARY 1, 2022. AN INDEPENDENT SEARCH CONSULTANT WAS RETAINED FOR THE SEARCH. SALARY DATA OF COMPARABLE AJCU (ASSOCIATION OF JESUIT COLLEGES AND UNIVERSITIES) INSTITUTIONS WAS USED IN THE DETERMINATION OF THE PRESIDENT'S SALARY RANGE. THE ORGANIZATION AND EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR SETTING SENIOR ADMINISTRATION'S ANNUAL COMPENSATION. SALARIES ARE REVIEWED BASED UPON JOB ANALYSIS, MARKET CONDITIONS, AND PERFORMANCE. RECORDS OF THE MEETINGS ARE MAINTAINED BY THE ASSISTANT SECRETARY OF THE BOARD. LINE 15B: FOR OFFICERS OTHER THAN THE PRESIDENT AND FOR KEY EMPLOYEES, AN INDEPENDENT SEARCH CONSULTANT WAS RETAINED FOR EACH SEARCH. SALARY DATA OF COMPARABLE AJCU (ASSOCIATION OF JESUIT COLLEGES AND UNIVERSITIES) INSTITUTIONS WAS USED IN THE DETERMINATION OF THE SALARY RANGE. THE INDEPENDENT SEARCH CONSULTANT ASSISTED WITH THE SETTING OF AN APPROPRIATE SALARY, WITH CONSIDERATION TO THE POSITION RESPONSIBILITIES AND THE MARKET. THE ORGANIZATION AND EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR SETTING SENIOR ADMINISTRATION'S ANNUAL COMPENSATION. SALARIES ARE REVIEWED BASED UPON JOB ANALYSIS, MARKET CONDITIONS, AND PERFORMANCE. RECORDS OF THE MEETINGS ARE MAINTAINED BY THE ASSISTANT SECRETARY OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS AND THE FORM 990 ARE ON THE UNIVERSITY'S EXTERNAL WEBSITE. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF SPLIT INTEREST AGREEMENTS -788,965. CHANGE IN FAIR VALUE OF CASH SURRENDER VALUE -6,079. THE LOYOLA NOTRE DAME LIBRARY INC 200 WINSTON AVENUE BALTIMORE MD 21212 520881396 LIBRARY MD 501(C)(3) 509A3III-FI N/A 0 POOLED INCOME FUND-1 4501 N CHARLES STREET BALTIMORE MD 21210 POOLED INCOME FD MD N/A T 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 THE LOYOLA NOTRE DAME LIBRARY INC R 3278236 FMV