2024-04-10T18:54:50-05:00 2023-05-31 390859910 BAKER TILLY US LLP 225 S 6TH ST 2300 MINNEAPOLIS MN 55402 990 2022-06-01 741193459 SCHREINER UNIVERSITY SCHR 8307927408 2100 MEMORIAL BLVD KERRVILLE TX 78028 LUCIEN R COSTLEY VICE PRESIDENT PLANNING & FINANCE 8307927408 2024-04-10 1 LUCIEN COSTLEY XXX-XX-XXXX 1 KAREN A GRIES P00078514 6128764500 2024-04-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LUCIEN R COSTLEY 2100 MEMORIAL BLVD KERRVILLE TX 78028 60162244 0 X WWW.SCHREINER.EDU X 1923 TX SCHREINER UNIVERSITY OFFERS A PERSONALIZED, INTEGRATED EDUCATION THAT PREPARES ITS STUDENT FOR MEANINGFUL WORK AND PURPOSEFUL LIVES IN A CHANGING GLOBAL SOCIETY. 27 27 820 186 0 0 13290431 6616863 38525950 45184334 4002810 4152696 964649 351322 56783840 56305215 16061269 18317541 0 0 16983162 18304671 0 0 1068033 20262677 22588777 53307108 59210989 3476732 -2905774 168371925 164411349 33792771 35385525 134579154 129025824 X AT SCHREINER UNIVERSITY, STUDENTS ENTER WITH HOPE AND LEAVE WITH ACHIEVEMENT. WE ARE A DIVERSE, FIERCELY INDEPENDENT UNIVERSITY. WE ARE AFFILIATED BY CHOICE AND COVENANT WITH THE PRESBYTERIAN CHURCH (USA) WITH A MAIN CAMPUS IN THE TEXAS HILL COUNTRY AND FIRST YEAR CAMPUSES THROUGHOUT THE STATE. SCHREINER UNIVERSITY IS A PLACE OF OPPORTUNITY. WE OFFER UNDERGRADUATE AND GRADUATE STUDENTS A PERSONALIZED, INTEGRATED, AND HOLISTIC EDUCATIONAL EXPERIENCE THAT PREPARES THEM FOR MEANINGFUL WORK AND PURPOSEFUL LIVES IN A CHANGING GLOBAL SOCIETY. STUDENTS STUDY IN-DEPTH IN A SPECIFIC AREA OF INTEREST WHILE ACQUIRING BROAD SKILLS AND HABITS OF MIND TO NAVIGATE A COMPLEX, DIVERSE, AND UNSCRIPTED FUTURE. 0 0 18317541 18317541 35907779 INSTRUCTIONAL PROGRAMS:SCHREINER UNIVERSITY OFFERS CERTIFICATE PROGRAMS IN VOCATION NURSING AND EDUCATION AS WELL AS UNDERGRADUATE DEGREES IN LIBERAL ARTS, SCIENCES AND MATHEMATICS, AND PROFESSIONAL STUDIES. THE UNIVERSITY ALSO HAS GRADUATE PROGRAMS FOR A MASTER OF EDUCATION DEGREE AND A MASTER OF BUSINESS ADMINISTRATION. 9949089 8077320 AUXILIARY ENTERPRISES:AN AUXILIARY ENTERPRISE PROVIDES GOODS OR SERVICES TO STUDENTS, FACULTY, STAFF, OTHER INSTITUTIONAL DEPARTMENTS, OR INCIDENTALLY TO THE GENERAL PUBLIC, AND CHARGES A FEE DIRECTLY RELATED TO, ALTHOUGH NOT NECESSARILY EQUAL TO, THE COST OF THE GOODS OR SERVICES. EXAMPLES ARE RESIDENCE HALLS, FOOD SERVICES, AND BOOKSTORE. 9266896 STUDENT SERVICES:STUDENT SERVICES PROVIDE SERVICES TO STUDENTS WITH THE PRIMARY PURPOSE OF CONTRIBUTING TO STUDENTS' EMOTIONAL AND PHYSICAL WELL-BEING AND INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT OUTSIDE THE CONTEXT OF THE FORMAL INSTRUCTION PROGRAM. IT INCLUDES EXPENSES FOR STUDENT ACTIVITIES, CULTURAL EVENTS, INTRAMURAL ATHLETICS, STUDENT ORGANIZATIONS, INTERCOLLEGIATE ATHLETICS, COUNSELING AND CAREER GUIDANCE, STUDENT AID ADMINISTRATION, AND STUDENT HEALTH SERVICE. IN ADDITION, THIS YEAR, STUDENTS RECEVIED EMERGENCY GRANTS FROM THE FEDERAL GOVERNMENT AS A RESULT OF THE COVID-19 PANDEMIC. 12276516 1199235 OTHER PROGRAMS INCLUDE ACADEMIC SUPPORT (LIBRARY, TUTOR CENTER, ACADEMIC SUPPORT SERVICES, LEARNING SUPPORT SERVICES) AS WELL AS SOME INSTITUTIONAL SUPPORT FUNCTIONS. 12276516 1199235 49810042 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1703 0 1 820 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X LUCIEN R COSTLEY 8308957116 2100 MEMORIAL BLVD KERRVILLE TX 78028 JANET MCKINNEY TRUSTEE/BOARD CHAIR 1.00 X X 0 0 0 ROSS ROMMEL TRUSTEE/VICE CHAIR 1.00 X X 0 0 0 DR CAROL MCDONALD TRUSTEE/SECRETARY 1.00 X X 0 0 0 BARRY HENDLER TRUSTEE 1.00 X 0 0 0 BECKY FERGUSON TRUSTEE 1.00 X 0 0 0 BLUE HYATT TRUSTEE 1.00 X 0 0 0 DAVE WEEKLEY TRUSTEE 1.00 X 0 0 0 DR CAROL SWANSON TRUSTEE 1.00 X 0 0 0 DR DALLAS COTHRUM TRUSTEE 1.00 X 0 0 0 DR JO BERAN TRUSTEE 1.00 X 0 0 0 DR WILLIAM REID TRUSTEE 1.00 X 0 0 0 GERRY GRIFFIN TRUSTEE 1.00 X 0 0 0 JD SALINAS TRUSTEE 1.00 X 0 0 0 JACK TOMPKINS TRUSTEE 1.00 X 0 0 0 JANE RAGSDALE TRUSTEE 1.00 X 0 0 0 JEFF DYKE TRUSTEE 1.00 X 0 0 0 JOHN BRANTLEY TRUSTEE 1.00 X 0 0 0 KARL RANSLEBEN TRUSTEE 1.00 X 0 0 0 KEVIN MORIARTY TRUSTEE 1.00 X 0 0 0 KRISTIN HEDGER TRUSTEE 1.00 X 0 0 0 MICHAEL PATE TRUSTEE 1.00 X 0 0 0 OTTO SCHWETHELM TRUSTEE 1.00 X 0 0 0 PAGE FOSHEE TRUSTEE 1.00 X 0 0 0 RICHARD CREE TRUSTEE 1.00 X 0 0 0 ROBERT PARKER JR TRUSTEE 1.00 X 0 0 0 ROBERT SCOTT TRUSTEE 1.00 X 0 0 0 T WEIR LABATT TRUSTEE 1.00 X 0 0 0 WARREN FERGUSON TRUSTEE 1.00 X 0 0 0 WILLIAM HARRISON TRUSTEE 1.00 X 0 0 0 CHARLIE T MCCORMICK PRESIDENT 40.00 X 263450 0 36499 MARK C TUSCHAK VICE PRESIDENT OF ADVANCEMENT 40.00 X 163529 0 30803 TRAVIS FRAMPTON PROVOST AND VP OF ACADEMIC AFFAIRS 40.00 X 145710 0 29761 LUCIEN R COSTLEY VP FOR PLANNING AND FINANCE 40.00 X 154397 0 15892 REXFORD W QUICK VP FOR INFRASTRUCTURE & CIO 40.00 X 138454 0 16614 DONALD FRAZIER DIRECTOR OF THE TEXAS CENTER 40.00 X 146261 0 22585 WILLIAM DAVIS DEAN OF FACULTY AND PROFESSOR OF CHEMISTRY 40.00 X 102371 0 18112 MARK WOODHULL PROFESSOR OF BUSINESS 40.00 X 105933 0 6565 NEVA CRAMER PROFESSOR OF EDUCATION 40.00 X 104178 0 6929 1324283 0 183760 9 0 1 0 COMPASS GROUP USA PO BOX 417632 BOSTON MA 022417632 FOOD SERVICE 2598027 SOUTHEAST SERVICE CORPORATION 1225 E WEISGARBER ROAD SUITE 200 KNOXVILLE TN 37909 CUSTODIAL SERVICE 826077 JENZABAR PO BOX 845588 BOSTON MA 022845588 SOFTWARE-ERP 329814 LANDRUM JR DOUGLAS 521 CLAY ST KERRVILLE TX 78028 CONSTRUCTION 264038 THE BOSWORTH COMPANY LTD 2812 BLACKSMITH LANE KERRVILLE TX 78028 CONSTRUCTION 247173 14 21714 1350821 5244328 335 6616863 TUITION AND FEES 611600 35907779 35907779 HOUSING AND MEALS 611710 8077320 8077320 OTHER INCOME 611710 1198243 1198243 MUSEUM & PRINT SHOP 323100 992 992 45184334 3431769 3431769 199030 0 199030 199030 199030 4411805 3690878 720927 720927 720927 29205 21714 18068 11137 11137 289238 148083 141155 141155 56305215 45184334 0 4504018 18317541 18317541 1048628 475420 378875 194333 13728561 10180575 2969073 578913 459992 326249 115594 18149 2057543 1170748 815021 71774 1009947 708621 245775 55551 144400 144400 75644 75644 2563848 1125094 1426173 12581 737135 564311 172588 236 77026 9720 58721 8585 722342 616500 67055 38787 1901641 1882959 18682 1048642 958168 82183 8291 51359 34082 16617 660 1036255 1036255 4696506 4648562 47944 670097 41040 629057 OTHER SUPPLIES 3068398 2509424 504287 54687 FOOD SERVICE 2621866 2621866 EQUIPMENT & MAINTENANCE 1522946 1434249 88697 MISCELLANEOUS 1509229 1044760 439647 24822 141443 103898 36881 664 59210989 49810042 8332914 1068033 7739963 8407539 1156305 1416468 1355014 2382362 669341 513026 214247 166050 814251 631247 141544949 69350240 75327699 72194709 61302269 59083529 17245090 17062109 2547746 2554310 168371925 164411349 2144669 2064639 900152 4231957 30414082 29015026 333868 73903 33792771 35385525 X 62658369 57655845 71920785 71369979 134579154 129025824 168371925 164411349 X -2905774 -2662057 14501 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 81169308 2018196 470985 4174157 1187397 78296935 89855989 2680973 -8431014 2538402 398238 81169308 72991869 4281761 19248287 2445419 4220509 89855989 72735023 1141612 3997184 2612533 2269417 72991869 74005979 507570 1289882 2386236 682172 72735023 0.13000 0.87000 0 0 1116107 1116107 96848406 35327802 61520604 14142677 8843382 5299295 28652829 24764250 3888579 784930 414806 370124 72194709 SPLIT INTEREST AGREEMENTS 3483513 C BENEFICIAL INTEREST IN TRUSTS 13578596 C 17062109 ASSET RETIREMENT OBLIGATION 73903 73903 X 35506604 -2662057 335 180652 -2481070 37987674 18317541 18317541 56305215 41059934 335 166151 166486 40893448 18317541 18317541 59210989 PART V, LINE 4: SCHREINER UNIVERSITY RECEIVES AN ANNUAL DISTRIBUTION OF THE LIQUID ASSETS OF THE INVESTED ENDOWMENT FUNDS TO FURTHER UNIVERSITY OPERATIONS IN ORDER TO MEET THE MISSION OF THE UNIVERSITY. THE MAIN INTENTION IS TO USE THESE FUNDS TO PROVIDE SCHOLARSHIPS TO STUDENTS. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL AND STATE INCOME TAX UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, THE UNIVERSITY MAY BE SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME THAT IS DERIVED FROM ACTIVITIES NOT IN FURTHERANCE OF THE PURPOSES FOR WHICH IT WAS GRANTED EXEMPTION. THE UNIVERSITY HAD NO SOURCES OF UNRELATED BUSINESS INCOME AND ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR FEDERAL INCOME TAX. THE UNIVERSITY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50 PERCENT LIKELY OF BEING REALIZED. CHANGES IN RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. THE UNIVERSITY HAS ELECTED TO RECOGNIZE ACCRUED INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS, IF THEY OCCUR, AS A COMPONENT OF INCOME TAX EXPENSE. MANAGEMENT BELIEVES THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS AS OF MAY 31, 2023 AND 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 148,083. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 693,340. GAIN (LOSS) ON BENEFICIAL INTEREST IN TRUSTS -678,839. CHANGE IN VALUE OF ASSET RETIREMENT OBLIGATIONS DIRECT FUNDRAISING EVENT EXPENSES 18,068. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 18,317,541. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 148,083. DIRECT FUNDRAISING EVENT EXPENSES 18,068. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 18,317,541. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATION POLICY IS POSTED ON SCHREINER UNIVERSITY'S EXTERNAL WEBSITE AND PUBLISHED IN THE ACADEMIC CATALOG. IN ADDITION, ALL UNIVERSITY POLICES ARE AVAILABLE TO EMPLOYEES AND STUDENTS WITHIN OUR INTRANET - SCHREINER ONE. FITNESS FIRST SHOOTOUT 26214 16488 9726 8534 500 FUNFEST FUNDRAISER 24705 5226 19479 7930 500 604 1 50919 21714 29205 16464 1000 604 18068 11137 1 SCHOLARSHIPS TO STUDENTS 1266 18317541 PART I, LINE 2: THE UNIVERSITY PROVIDES SCHOLARSHIP, GRANT, LOAN, AND WORK STUDY OPPORTUNITIES TO QUALIFIED STUDENTS. THESE FUNDS ARE OFFERED TO STUDENTS ON AN OBJECTIVE AND NONDISCRIMINATORY BASIS. EACH PROGRAM HAS DIFFERENT CRITERIA AND EACH CASE IS CONSIDERED SEPARATELY. THERE ARE A WRITTEN POLICY AND GUIDELINES TO ASSIST STUDENTS AS THEY SEEK THE APPROPRIATE FINANCIAL AID PACKAGE. RECORDS ARE MAINTAINED FOR THE GRANTS AWARDED. X X X 0 0 0 0 0 0 0 0 0 CHARLIE T MCCORMICK PRESIDENT 263450 0 0 0 0 0 16680 0 19819 0 299949 0 299949 0 MARK C TUSCHAK VICE PRESIDENT OF ADVANCEMENT 163529 0 0 0 0 0 10492 0 20311 0 194332 0 194332 0 TRAVIS FRAMPTON PROVOST AND VP OF ACADEMIC AFFAIRS 145710 0 0 0 0 0 9450 0 20311 0 175471 0 175471 0 LUCIEN R COSTLEY VP FOR PLANNING AND FINANCE 154397 0 0 0 0 0 9453 0 6439 0 170289 0 170289 0 DONALD FRAZIER DIRECTOR OF THE TEXAS CENTER 146261 0 0 0 0 0 9270 0 13315 0 168846 0 168846 0 REXFORD W QUICK VP FOR INFRASTRUCTURE & CIO 138454 0 0 0 0 0 8995 0 7619 0 155068 0 155068 0 A THE CITY OF TERELL HILLS 521830729 2013-08-30 13678000 REFUNDING BONDS 0 0 0 B THE CITY OF HONDO 463435250 2013-08-30 2500000 CAPITAL EXPENDITURES 0 0 0 C THE CITY OF SHAVANO PARK 741294692 2016-10-04 2000000 CAPITAL EXPENDITURES 0 0 0 D THE CITY OF MARION 611855516 2018-04-10 10000000 CAPITAL EXPENDITURES 0 0 0 A 10334000 13678000 13678000 2015 1 0 1 1 B 2500000 50000 2450000 2016 0 0 1 1 C 1133000 2000000 40000 1960000 2018 0 0 1 1 D 65000 10000000 200000 9800000 2019 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 0 0 1 0 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 0 B 0 C 0 D 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: THE CITY OF HONDO DATE THE REBATE COMPUTATION WAS PERFORMED: 12/21/2023 ISSUER NAME: THE CITY OF SHAVANO PARK DATE THE REBATE COMPUTATION WAS PERFORMED: 12/22/2021 ISSUER NAME: THE CITY OF MARION DATE THE REBATE COMPUTATION WAS PERFORMED: 07/06/2023 ISSUER NAME: THE CITY OF MARION DATE THE REBATE COMPUTATION WAS PERFORMED: 03/02/2023 A THE CITY OF MARION 611855516 2019-03-28 3000000 CAPITAL EXPENDITURES 0 0 0 B THE CITY OF MARION 611855516 2017-10-05 10000000 CAPITAL EXPENDITURES 0 0 0 A 65000 3000000 60000 2940000 2019 0 0 1 1 B 60000 10000000 200000 9800000 2018 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 1 0 0 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 A 0 B 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS COMPOSED OF THE CHAIR OF THE BOARD, THE VICE CHAIR OF THE BOARD, THE SECRETARY (IF A MEMBER OF THE BOARD), AND CHAIR OF EACH OF THE OTHER STANDING COMMITTEES. THE EXECUTIVE COMMITTEE SHALL HAVE FULL AUTHORITY TO ADVISE WITH THE PRESIDENT, EXECUTE ORDERS AND/OR SPECIFIC ASSIGNMENTS OF THE BOARD, AND TO TRANSACT SUCH EMERGENCY BUSINESS AS IN ITS OPINION MAY DEMAND ACTION BETWEEN BOARD MEETINGS. THE EXECUTIVE COMMITTEE MAY CONSULT WITH THE PRESIDENT TO COORDINATE THE WORK OF THE BOARD, PLAN ALL GENERAL MEETINGS OF THE BOARD, MAINTAIN THE COVENANT RELATIONSHIP WITH THE SYNOD OF THE SUN, PRESBYTERIAN CHURCH (USA), AND PERFORM SUCH OTHER DUTIES AS SHALL BE ASSIGNED BY THE CHAIR OF THE BOARD OR THE BOARD ITSELF. THE EXECUTIVE COMMITTEE SHALL ACT AS A NOMINATING COMMITTEE FOR THE BOARD OF TRUSTEES. ANY ACTIONS OF THE EXECUTIVE COMMITTEE SHALL BE REPORTED TO THE BOARD AND SHALL BE INCLUDED IN THE OFFICIAL MINUTES OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY THE CPA FIRM FROM THE AUDITED FINANCIAL STATEMENTS. THE FORM AND ALL SUPPORTING SCHEDULES ARE REVIEWED BY THE CONTROLLER AND OTHER OFFICERS OF THE UNIVERSITY. THE FORM 990 IS THEN PROVIDED TO THE CHAIRS OF THE AUDIT COMMITTEE VIA EMAIL AND PART OF THE AUDIT COMMITTEE AGENDA FOR DISCUSSION AND REVIEW. THE RETURN IS FILED ELECTRONICALLY PER IRS REQUIREMENTS. FORM 990, PART VI, SECTION B, LINE 12C SCHREINER UNIVERSITY HAS A CONFLICT OF INTEREST POLICY THAT COVERS MEMBERS OF THE BOARD OF TRUSTEES AND A POLICY THAT COVERS ALL ADMINISTRATORS, FACULTY AND STAFF. EVERY MEMBER OF THE BOARD OF TRUSTEES SHALL EXECUTE AND DELIVER TO THE OFFICE OF THE PRESIDENT ANNUALLY, ON A FORM TO BE PROVIDED BY THE UNIVERSITY, A CERTIFICATION THAT HE OR SHE HAS READ THE CONFLICT OF INTEREST POLICY, UNDERSTANDS IT, AND TO THE BEST OF HIS OR HER KNOWLEDGE AND BELIEF HAS COMPLIED WITH IT FULLY IN THE PAST AND WILL IN THE FUTURE COMPLY FULLY WITH IT. WHEN IT BECOMES APPARENT TO A TRUSTEE THAT A MATTER PENDING BEFORE THE BOARD GIVES RISE TO A CONFLICT OF INTEREST, THE TRUSTEE SHALL IMMEDIATELY DISCLOSE HIS CONFLICTING INTEREST TO THE BOARD. HE SHALL THEREAFTER TAKE NO PART IN THE DELIBERATIONS ON THE MATTER, AND SHALL REFRAIN FROM VOTING THEREON. IN ORDER TO AVOID THE IMPROPER DISCLOSURE TO THE CONFLICTED TRUSTEE OF SENSITIVE INFORMATION, HE SHALL, ON THE REQUEST OF THE CHAIR OF THE BOARD OR A MAJORITY VOTE OF THE BOARD, ABSENT HIMSELF FROM THE BOARD ROOM WHILE THE MATTER IS UNDER DELIBERATION. THE VICE PRESIDENT FOR PLANNING AND FINANCE IS RESPONSIBLE FOR THE OVERSIGHT OF THE POLICY OVER ALL ADMINISTRATORS, FACULTY AND STAFF. ANY EMPLOYEE WHO HAS ANY INFLUENCE ON TRANSACTIONS INVOLVING UNIVERSITY PURCHASES, CONTRACTS, LEASES, OR BUSINESS MATTERS MUST DISCLOSE THE EXISTENCE OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST TO THE VICE PRESIDENT OF PLANNING AND FINANCE AS SOON AS POSSIBLE THROUGH PROMPT AND COMPLETE DISCLOSURE SO THAT SAFEGUARDS CAN BE ESTABLISHED TO PROTECT ALL PARTIES. KEY EMPLOYEES ANNUALLY, ON A FORM TO BE PROVIDED BY THE UNIVERSITY, A CERTIFICATION THAT HE OR SHE HAS READ THE CONFLICT OF INTEREST POLICY, UNDERSTANDS IT, AND TO THE BEST OF HIS OR HER KNOWLEDGE AND BELIEF HAS COMPLIED WITH IT FULLY IN THE PAST AND WILL IN THE FUTURE COMPLY FULLY WITH IT. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE ASSESSMENT AND COMPENSATION COMMITTEE IS RESPONSIBLE FOR RECOMMENDING ANNUALLY TO THE BOARD A COMPENSATION PACKAGE FOR THE PRESIDENT THAT IS COMPETITIVE RELATIVE TO THE UNIVERSITY'S PEER INSTITUTIONS, RECOGNIZES PERFORMANCE, AND ALLOWS THE UNIVERSITY TO RETAIN HIGHLY CAPABLE PRESIDENTIAL LEADERSHIP. SCHREINER UNIVERSITY SUBMITS SALARY INFORMATION BASED ON POSITION JOB CODE AS PART OF THE PARTICIPATION AGREEMENT WITH COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION - HUMAN RESOURCES (CUPA-HR). TO ACCURATELY MEASURE A COMPETITIVE POSITION AMONG COMPARABLE INSTITUTIONS, SALARY BENCHMARKING ANALYSIS IS REFLECTIVE OF CURRENT BENCHMARKING STANDARDS FROM CUPA-HR. THE VALUES ARE ASSESSED ANNUALLY AND THE ANALYSIS IS SHARED WITH THE EXECUTIVE ASSESSMENT AND COMPENSATION COMMITTEE TO DETERMINE COMPENSATION OF THE PRESIDENT. THE COMMITTEE'S RECOMMENDATIONS ARE SUBMITTED FOR REVIEW AND ACTION BY THE EXECUTIVE COMMITTEE BY THE MAY MEETING, WITH FINAL ACTION BY THE BOARD IN EXECUTIVE SESSION IN MAY. ALL PROCEEDINGS ARE DOCUMENTED WITHIN MEETING MINUTES. REGARDING OTHER KEY EMPLOYEES, THE PRESIDENT SIMILARLY WILL CONDUCT ANNUAL PERFORMANCE REVIEWS OF EACH OF THESE INDIVIDUALS, AND WILL REPORT ANNUALLY COMPENSATION ADJUSTMENTS FOR THESE EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY AND THE BYLAWS ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE. THE FINANCIAL STATEMENTS ARE AVAILABLE IN THE FINANCIAL SERVICES OFFICE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 693,340. GAIN (LOSS) ON BENEFICIAL INTEREST IN TRUSTS -678,839. CHANGE IN VALUE OF ASSET RETIREMENT OBLIGATIONS