2025-04-08T19:00:44+00:00 2024-05-31 350921680 CROWE LLP 5810 TENNYSON PARKWAY Suite 450 Plano TX 750244112 990 2023-06-01 741109633 Trinity University TRIN 2109997301 1 Trinity Pl San Antonio TX 78212 Mark A Detterick VP Finance and Administration 2025-04-09 true Andrew J Gray P01517705 2147775200 2025-04-09 2023 2025-03-06 01:10:19Z VANESSA B BEASLEY 1 Trinity Pl San Antonio TX 78212 472433316 false X www.trinity.edu X 1869 TX TRINITY UNIVERSITY IS AN INDEPENDENT CO-EDUCATIONAL UNIVERSITY WHOSE MISSION IS EXCELLENCE IN THE INTERRELATED AREAS OF TEACHING, RESEARCH AND SERVICES. 37 37 2234 37 1195080 0 27993776 56014227 156272877 163606010 25058308 115530173 20846478 3521950 230171439 338672360 74750507 79902737 0 89281379 95796978 0 0 4226473 82836683 95335032 246868569 271034747 -16697130 67637613 2113060060 2348224835 213811675 282316103 1899248385 2065908732 TRINITY UNIVERSITY IS AN INDEPENDENT CO-EDUCATIONAL UNIVERSITY WHOSE MISSION IS EXCELLENCE IN THE INTERRELATED AREAS OF TEACHING, RESEARCH AND SERVICES. false false 221104068 79902737 167152681 Trinity University, one of the nation's top private undergraduate institutions, is known for its superior academic quality, personalized attention with outstanding faculty, exceptional resources, real-world preparation, and vibrant campus life. Trinity is a community that encourages students to discover, grow, and become passionate, productive individuals. The University's principal focus is on undergraduate education, but it also offers selected graduate programs in professional fields. In addition, the University provides various research and other sponsored projects as well as public service programs of continuing education, intellectual enlightenment, and cultural enrichment. The University attracts talented and highly motivated students to its predominantly full-time, residential student body. Enrollment was 2,590 annual students for FY24 which represents the full-time equivalent of undergraduate and graduate students; 5% of these students come from outside the United States and 79% are from within Texas. The University received 11,425 first-year undergraduate applications for fall 2023 with an acceptance rate of 28%. The University's yield was 20%, generating enrollment of 659 first-year students. Underrepresented students comprised 51.2% of the class, including 4% foreign students. Student charges (net tuition, fees, room and board) were $83 million. Total scholarships and grants were $79.9 million. The source of funding for these scholarships includes operating funds, endowment funds and external grants and contribution revenue. Scholarship and student aid expenses continue to grow, reflecting the University's commitment to providing access to a broad spectrum of students and increased market competition in recent years. Although student tuition continues to increase, net student revenues are growing at a significantly slower pace in recent years due to the increased number of students receiving financial aid and the increase in the average aid package per student. Trinity University completed another strong year in pursuit of its mission to educate and mold the leaders of the future in a residential liberal arts environment. The University is well positioned to complete its robust strategic vision of defining the liberal arts experience for the 21st century. 221104068 true true false false false false true false true true true false true true true false true true false true false false false false false false false true true true false false false false false false true false true false true true false false false true true true false false true 3475 0 true 2234 true true true false false false true true true true false false false false false true X 37 37 true false false false false false false true true false false true true true true true true true true true true CO AK MA MI NV NH NJ NY ND SC WA X Yvonne Cortez 2109997303 1 Trinity Pl San Antonio TX 78212 Erin Baker VICE-CHAIR 1.0 1.0 X X 0 0 0 Jeffrey Mueller TREASURER 1.0 2.0 X X 0 0 0 Steven Mach SECRETARY 1.0 1.0 X X 0 0 0 Ted Beneski CHAIR (Beg 05/23) 1.0 1.0 X X 0 0 0 Annell Bay TRUSTEE 1.0 1.0 X 0 0 0 April Ancira TRUSTEE 1.0 1.0 X 0 0 0 Christopher Kinsey TRUSTEE 1.0 2.0 X 0 0 0 Cydney Donnell TRUSTEE 1.0 2.0 X 0 0 0 Darsh Singh TRUSTEE 1.0 2.0 X 0 0 0 Dr Shari Becker Albright TRUSTEE 1.0 1.0 X 0 0 0 E Carey Joullian IV TRUSTEE 1.0 1.0 X 0 0 0 Gen James T Hill TRUSTEE 1.0 1.0 X 0 0 0 Janet St Clair Dicke TRUSTEE 1.0 1.0 X 0 0 0 Jelynne L Jamison TRUSTEE 1.0 1.0 X 0 0 0 Jessica Thorne TRUSTEE 1.0 1.0 X 0 0 0 Jim Freeman TRUSTEE 1.0 1.0 X 0 0 0 John Brozovich TRUSTEE (09/23) 1.0 2.0 X 0 0 0 John C Korbell TRUSTEE 1.0 1.0 X 0 0 0 John Thornton TRUSTEE (09/23) 1.0 1.0 X 0 0 0 Katherine Klinger TRUSTEE 1.0 1.0 X 0 0 0 L Herbert Stumberg Jr TRUSTEE 1.0 2.0 X 0 0 0 Marshall A Hess TRUSTEE 1.0 2.0 X 0 0 0 Melody Meyer TRUSTEE (End 05/23) 1.0 1.0 X 0 0 0 Michael Lynd Jr TRUSTEE 1.0 1.0 X 0 0 0 Miles C Cortez TRUSTEE 1.0 1.0 X 0 0 0 Nadia Islam TRUSTEE 1.0 1.0 X 0 0 0 Nicholas R Severino TRUSTEE 1.0 1.0 X 0 0 0 Oliver Lee TRUSTEE 1.0 2.0 X 0 0 0 Pat Semmes TRUSTEE 1.0 1.0 X 0 0 0 Richard Kannwischer TRUSTEE 1.0 1.0 X 0 0 0 Ruth Agather TRUSTEE 1.0 1.0 X 0 0 0 Sally Deitch TRUSTEE 1.0 1.0 X 0 0 0 Scott Tinker TRUSTEE 1.0 2.0 X 0 0 0 Stephen Butt TRUSTEE 1.0 1.0 X 0 0 0 Thomas Evans TRUSTEE 1.0 1.0 X 0 0 0 Thomas Schluter TRUSTEE 1.0 1.0 X 0 0 0 William Scanlan TRUSTEE 1.0 1.0 X 0 0 0 Gary L Logan VP Finance and Administration 40.0 2.0 X 552749 0 58927 Vanessa B Beasley President 40.0 2.0 X 607760 0 159821 Craig Crow Chief Investment Officer 40.0 0 X 907597 0 109957 Eric Maloof VP Enrollment Mgmt 40.0 0 X 492177 0 55039 Erika Robinson General Counsel 40.0 0 X 363212 0 35984 Frank Guerra VP for Strategic Communications and Marketing 40.0 0 X 234773 0 21371 Megan Mustain Provost and VP for Academic Affairs 40.0 0 X 451346 0 44142 Michael Bacon VP Alumni Relations and Development 40.0 0 X 536180 0 57421 Alison Hermann Investment Manager 40.0 0 X 265371 0 19013 David Macpherson EM Stevens Professor Of Economics 40.0 0 X 275142 0 49908 Marcia Watson Jesse H Jones Professor of Business 40.0 0 X 259242 0 38054 Mike Fischer Janet S Dicke Professor in Public Humanities 40.0 0 X 272005 0 37128 Robert Scherer Dean: Neidorff School of Business 40.0 0 X 302021 0 44974 Sheryl Tynes Former Key Employee 40.0 0 X 327150 0 19131 5846725 0 750870 213 true true false Compass Group-Chartwells PO BOX 417632 Boston MA 02241 MEALS & FOOD SERVICE 10898917 Malitz Construction 8634 Crownhill Blvd San Antonio TX 78209 CONSTRUCTION 9240309 Turner Construction 10100 Reunion Place Ste 705 San Antonio TX 78216 CONSTRUCTION 6271494 JT Vaughn Construction LLC 10355 West Park Dr Houston TX 77042 CONSTRUCTION 2777032 Alchemy Inc 12647 Alcosta Blvd Ste 240 San Ramon CA 94583 IT Consulting 2590579 92 653715 7930705 47429807 1718726 56014227 TUITION AND FEES 611600 134605904 134605904 RESIDENCE HALLS 611600 19572115 19572115 FOOD SERVICE 611600 9055543 9055543 Student Loan Interest 900099 372448 372448 0 0 0 0 163606010 65123602 1226578 63897024 -10445 -10445 19154 66263 -47109 0 -47109 5000 -52109 182177000 1924264 131939642 1755051 50237358 169213 50406571 -17222 50423793 Conferences, Events and Special Programs 900099 2003755 2003755 Auxilary and operating revenue 900099 795496 795496 Press and book sales 900099 249584 249584 530669 492836 37833 0 3579504 338672360 167152681 1195080 114310372 79902737 79902737 5407870 915272 3969055 523543 357454 357454 70868521 60211543 8445762 2211216 5728464 4806085 746679 175700 8323109 3599880 4450218 273011 5111560 4923563 159348 28649 564310 564310 372181 372181 14102523 14102523 24471728 20531505 3650218 290005 374681 186947 185783 1951 2251773 2087538 91251 72984 5635821 3628384 1908037 99400 27155 27155 6825768 5805852 863858 156058 4604817 4288088 253589 63140 188678 117754 61597 9327 5712793 4907063 805730 16739240 14637677 2101563 1579384 27638 1551746 Events and Lecture Expense 2105937 1604411 233852 267674 Participant Support and/or Internship Related 2009405 2002436 6969 Non-Office Supplies 1668383 1164704 493016 10663 Continuing Commitments 1638250 1637755 315 180 4462205 4090081 329152 42972 271034747 221104068 45704206 4226473 1404178 773414 25120820 17577038 21897821 20335234 4621806 1890049 0 0 0 0 61093 105640 9308673 13655203 643781005 261266135 371308510 382514870 692648875 786742187 584715051 636645410 8450423 72464115 393522810 415521675 2113060060 2348224835 27871856 35710939 3730392 3626435 179730349 241149746 0 0 1093130 621010 1385948 1207973 213811675 282316103 X 723063515 802265872 1176184870 1263642860 1899248385 2065908732 2113060060 2348224835 X 67637613 99217477 -194743 X false true X true true true X 35747149 25827401 42699136 27993776 56014227 188281689 0 0 0 0 0 0 0 0 0 0 0 0 35747149 25827401 42699136 27993776 56014227 188281689 18731691 169549998 32807788 112455297 25034364 35027903 64243833 269569185 0 0 0 0 0 0 0 0 0 0 0 0 457850874 746445186 0.3703 0.3933 X Schedule A, Part I, Line 2 Explanation of Filing To qualify for limited donor disclosure under the special rule on Schedule B, the public support test has been completed to demonstrate the University meets the quantitative support test under Section 509(a)(1) of the Internal Revenue Code, which requires an organization to receive a substantial part of its support from a governmental unit or from the general public. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2 4550037 0 0 X X false 1270216511 32183672 184203908 13623217 30821850 14267852 1427891172 1303873955 9112606 21562375 12590214 38486360 13255851 1270216511 1294302907 9182913 99835973 11468357 75732903 12246578 1303873955 908781329 99149633 339460900 10841052 32182188 10065715 1294302907 911854647 8561960 32087953 10447960 27009593 6265678 908781329 0.4045 0.2336 0.3619 false false 18846141 18846141 464025992 157041254 306984738 63161656 41835241 21326415 97747216 62389640 35357576 382514870 HEDGE FUNDS 189548015 F PRIVATE EQUITY/VENTURE CAPITAL 305113675 F REAL ESTATE 18997970 F OTHER ALTERNATIVE INVESTMENTS 325750 F MINERAL AND SURFACE INTERESTS 122660000 F 636645410 FUNDS HELD IN TRUST BY OTHERS 415521675 415521675 ACTUARIAL LIABILITY - ANNUITIES PAY 1207973 1207973 X Schedule D, Part III, Line 4 Collections of art - description of collections THE MAJORITY OF THE UNIVERSITY'S ART COLLECTION IS ON PUBLIC DISPLAY ON THE GROUNDS AND IN VARIOUS BUILDINGS ON CAMPUS. THE RARE BOOKS COLLECTION IS MAINTAINED IN THE RARE BOOK ROOM OF THE COATES LIBRARY AND MATERIALS ARE AVAILABLE FOR SCHOLARLY RESEARCH. Schedule D, Part V, Line 4 Intended uses of endowment funds ENDOWMENT FUNDS ARE UTILIZED TO SUPPORT THE GENERAL OPERATING BUDGET AND MISSION OF THE UNIVERSITY AS A WHOLE. FUNDS ARE USED FOR THE FOLLOWING: SCHOLARSHIPS AND INSTITUTIONAL LOANS, LIBRARY RESOURCES, FACULTY COMPENSATION, FACULTY DEVELOPMENT, FACILITY MAINTENANCE, LECTURES, AND GENERAL OPERATING NEEDS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The University is exempt from federal income tax under Section 501(a) as an organization described in Section 501(c)(3) of the Internal Revenue Code (the Code). This exemption does not apply to unrelated business income, as defined by Section 512(a)(1) of the Code, which is subject to federal income tax. The University had no material tax liability resulting from such unrelated business income in 2024 or 2023. The University is subject to an excise tax of 1.4% on the University's net investment income. The excise tax is recognized as a reduction of the University's investment returns, but has no material impact on the consolidated financial statements. U.S. GAAP requires management to evaluate uncertain tax positions taken by the University. The financial statement effects of a tax position are recognized when the position is more likely than not, based on the technical merits, to be sustained upon examination by the Internal Revenue Service or the U.S. Department of the Treasury. Management has analyzed the tax positions taken by the University and has concluded that as of May 31, 2024, there are no uncertain positions taken or expected to be taken. The University has recognized no interest or penalties related to uncertain tax positions. The University is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes the University is no longer subject to income tax examinations for years prior to May 31, 2021. true true true true true true true false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY TRINITY DOES NOT AND WILL NOT DISCRIMINATE IN ADMISSION OF STUDENTS TO STUDY AT THE UNIVERSITY, ENROLL IN CLASSES, OBTAIN ON-CAMPUS HOUSING, OR USE FACILITIES BECAUSE OF RACE, COLOR, RELIGION, SEX, AGE, NATIONAL ORIGIN, DISABILITY (IF OTHERWISE QUALIFIED FOR ADMISSION), MILITARY/VETERAN STATUS, SEXUAL ORIENTATION, OR ANY OTHER STATUS PROTECTED BY FEDERAL, STATE, OR LOCAL LAW. THE NON-DISCRIMINATION POLICY IS LISTED IN THE COURSE CATALOG, INCLUDED IN THE STUDENT HANDBOOK, AND LISTED ON THE UNIVERSITY'S WEBSITE. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT FEDERAL PERKINS LOAN PROGRAM, Direct Loans, Work Study, SEOG & Pell grants; additionally the University receives state TEG funds. Central America and the Caribbean 0 0 Program Services RESEARCH & RECRUITING 16591 East Asia and the Pacific 0 0 Program Services RESEARCH & RECRUITING 391083 Europe (Including Iceland and Greenland) 0 0 Program Services RESEARCH & RECRUITING 1065624 Middle East and North Africa 0 0 Program Services RESEARCH & RECRUITING 7524 Central America and the Caribbean 0 0 Investments 275858059 Europe (Including Iceland and Greenland) 0 0 Investments 10613697 North America (Canada & Mexico only) 0 0 Program Services RESEARCH & RECRUITING 249085 South America 0 0 Program Services RESEARCH & RECRUITING 10266 Sub-Saharan Africa 0 0 Program Services RESEARCH & RECRUITING 3202 0 0 0 0 0 0 288215131 0 288215131 true false true true true true Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual,Other:; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual,Other:; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; SOUTH AMERICA-Accrual; SUB-SAHARAN AFRICA-Accrual true UNDERGRADUATE scholarships 2485 78885515 GRADUATE SCHOLARSHIPS 121 1017222 Schedule I, Part I, Line 1 MAINTAINING RECORDS TO SUBSTANTIATE GRANTEE'S ELIGIBILITY MAINTAINING RECORDS TO SUBSTANTIATE GRANTEE'S ELIGIBILITY, AMOUNT OF AWARD, AND SELECTION CRITERIA THE OFFICE OF STUDENT FINANCIAL SERVICES MAINTAINS RECORDS AS TO STUDENTS FINANCIAL AND ACADEMIC STANDING AND THE Eligibility REQUIREMENTS OF THE SCHOLARSHIP OR GRANT. THE UNIVERSITY UNDERGOES AN AUDIT UNDER OMB's Uniform Guidance as a review of COMPLIANCE WITH FEDERAL FINANCIAL ASSISTANCE RULES AND REGULATIONS. Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. THE STUDENTS FINANCIAL AND ACADEMIC STANDING IS MONITORED BY THE OFFICE OF STUDENT FINANCIAL SERVICES TO ENSURE THAT THE STUDENTS REMAIN IN GOOD STANDING AND CONTINUE TO MEET ANY SPECIFIC REQUIREMENTS OF THE SCHOLARSHIP OR GRANT. THE UNIVERSITY UNDERGOES AN AUDIT (REQUIRED BY OMB'S UNIFORM GUIDANCE) TO AUDIT COMPLIANCE WITH FEDERAL FINANCIAL ASSISTANCE RULES AND REGULATIONS. X X true true X X X X false true false false false false false true false Vanessa B Beasley President 574052 0 30000 0 3708 0 133000 0 26821 0 767581 0 0 0 Gary L Logan VP Finance and Administration 326203 0 198254 0 28292 0 35933 0 22994 0 611676 0 0 0 Sheryl Tynes Former Key Employee 179810 0 130930 0 16410 0 16843 0 2288 0 346281 0 0 0 Michael Bacon VP Alumni Relations and Development 325245 0 194345 0 16590 0 33000 0 24421 0 593601 0 0 0 Craig Crow Chief Investment Officer 504929 0 380000 0 22668 0 83000 0 26957 0 1017554 0 0 0 Frank Guerra VP for Strategic Communications and Marketing 233231 0 0 0 1542 0 0 0 21371 0 256144 0 0 0 Eric Maloof VP Enrollment Mgmt 279006 0 175997 0 37174 0 31032 0 24007 0 547216 0 0 0 Megan Mustain Provost and VP for Academic Affairs 278978 0 168000 0 4368 0 28653 0 15489 0 495488 0 0 0 Erika Robinson General Counsel 235244 0 127740 0 228 0 23921 0 12063 0 399196 0 0 0 Mike Fischer Janet S Dicke Professor in Public Humanities 270151 0 0 0 1854 0 27767 0 9361 0 309133 0 0 0 Alison Hermann Investment Manager 185132 0 80000 0 239 0 18513 0 500 0 284384 0 0 0 David Macpherson EM Stevens Professor Of Economics 273558 0 0 0 1584 0 28230 0 21678 0 325050 0 0 0 Robert Scherer Dean: Neidorff School of Business 300299 0 0 0 1722 0 30725 0 14249 0 346995 0 0 0 Marcia Watson Jesse H Jones Professor of Business 258210 0 0 0 1032 0 26293 0 11761 0 297296 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use AS A CONDITION OF EMPLOYMENT, THE UNIVERSITY PROVIDES HOUSING TO THE PRESIDENT AND CERTAIN EXECUTIVE EMPLOYEES. AN APPROPRIATE AMOUNT IS INCLUDED IN COMPENSATION, BASED ON ESTIMATED FAIR RENTAL VALUE, AND REPORTED ON FORM W-2. Schedule J, Part I, Line 1a Health or social club dues or initiation fees CLUB MEMBERSHIPS ARE PERMITTED FOR BUSINESS USE ONLY FOR THE PRESIDENT AND VICE PRESIDENT FOR ALUMNI RELATIONS AND DEVELOPMENT. NO AMOUNTS ARE INCLUDED IN INCOME, AS ONLY BUSINESS USE IS PERMITTED. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan TRINITY UNIVERSITY'S 457(F) PLAN IS OFFERED TO THE PRESIDENT AND EXECUTIVE TEAM MEMBERS. SECTION 457(F) NON-QUALIFIED PLAN: PAID/DEFERRED Vanessa B. Beasley $0 /$100,000 Craig Crow $0/$50,000 Schedule J, Part I, Line 7 Non-fixed payments In order to retain key talent, Trinity University maintains an incentive plan for its President and Investment Office. The incentive plan includes a provision allowing for additional compensation if specific criteria are met or performance thresholds are achieved. A CITY OF SAN ANTONIO TEXAS EDUCATION FACILITIES CORP 521351505 796247CE2 2017-06-16 35619284 TO PAY OFF A SHORT-TERM NOTE EXECUTED IN A PREVIOUS YEAR. false false false B CITY OF SAN ANTONIO TEXAS EDUCATION FACILITIES CORP 521351505 796247EB6 2024-05-30 71952388 To refund and defease Series 2002 bonds, finance certain education and housing facilities. false false false A 35619284 444284 35175000 2017 false false true true B 71952388 11634844 560879 59756665 true false false true A false false false false 0.0 0.0 0.0 false false true B false false false false 0.0 0.0 0.0 false false true A false false false true false false false false true B false true false false false false false false true A true B true Schedule K, Part IV, Line 2c COLUMN A Issuer name: CITY OF SAN ANTONIO, TEXAS EDUCATION FACILITIES CORP The calculation for computing no rebate due was performed on 06/06/2022 SEE PART V SEE PART V 155902 MERIT SCHOLARSHIP EDUCATION Schedule L, Part III THE AMOUNT REPORTED PROVIDES THE MERIT SCHOLARSHIPS AWARDED BASED ON AN OBJECTIVE AND NON-DISCRIMINATORY BASIS BASED ON PRE-ESTABLISHED CRITERIA AND REVIEWED BY A SELECTION COMMITTEE. PER THE IRS INSTRUCTIONS FOR SCHEDULE L, COLLEGES, UNIVERSITIES, AND PRIMARY AND SECONDARY SCHOOLS ARE NOT REQUIRED TO IDENTIFY INTERESTED PERSONS TO WHOM THEY PROVIDED SCHOLARSHIPS, FELLOWSHIPS, AND SIMILAR FINANCIAL ASSISTANCE. INSTEAD, THESE ORGANIZATIONS MUST GROUP EACH TYPE OF FINANCIAL ASSISTANCE PROVIDED TO INTERESTED PERSONS IN SEPARATE LINES. FOR EACH LINE, THE SCHOOL IS TO REPORT IN COLUMN (C) THE TYPE OF ASSISTANCE AND AGGREGATE DOLLAR AMOUNT OF THAT ASSISTANCE; COLUMNS (A) AND (B) ARE TO BE LEFT BLANK. X 2 2 Opinions of experts X 3 Opinions of experts X 57 1653460 Market value X Furniture 2 2 Opinions of experts X Hospitality 2 3459 Market value X Mineral Interest 1 61800 Market value 1 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - NUMBER OF CONTRIBUTIONS RECEIVED Art - Works of art - NUMBER OF CONTRIBUTIONS RECEIVED Books and publications - NUMBER OF CONTRIBUTIONS RECEIVED Other - Furniture NUMBER OF CONTRIBUTIONS RECEIVED Other - Hospitality NUMBER OF CONTRIBUTIONS RECEIVED Other - Mineral Interest NUMBER OF CONTRIBUTIONS RECEIVED Form 990, Part VI, Line 1a Delegate broad authority to a committee THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THE CHAIRMAN, THE VICE CHAIRMAN, THE SECRETARY, THE TREASURER AND SUCH OTHER MEMBERS OF THE BOARD AS THE CHAIRMAN MAY DESIGNATE. THE EXECUTIVE COMMITTEE SHALL HAVE THE AUTHORITY TO TAKE ANY ACTION WHICH THE BOARD IS AUTHORIZED TO TAKE EXCEPT FOR CERTAIN EDUCATIONAL AND MISSION, FINANCIAL, AND GOVERNANCE MATTERS. THE FOLLOWING POWERS ARE EXPLICITLY RESERVED FOR THE VOTE OF THE ENTIRE BOARD: THE UNIVERSITY'S MISSION AND TAX-EXEMPT PURPOSES, APPROVAL OF NEW OR DISCONTINUING EDUCATIONAL PROGRAMS, AND APPROVE AND AUTHORIZE ALL EARNED AND HONORARY DEGREES UPON THE FACULTY'S RECOMMENDATION; THE APPROVAL OF THE UNIVERSITY CAPITAL AND OPERATING BUDGETS, TUITION CHANGES, DEBT, PURCHASES AND SALES OF REAL PROPERTY, CONSTRUCTION AND RENOVATION PROJECTS, SPENDING POLICY GUIDELINES, AND GIFT ACCEPTANCE BY UNIVERSITY OFFICERS OR OTHER AGENTS; THE ELECTION OF TRUSTEES, BOARD MEMBERS OR UNIVERSITY OFFICERS, APPOINT THE PRESIDENT, THE AMENDMENT OF THE CHARTER OF THE UNIVERSITY OR THE BYLAWS; OR THE ESTABLISHMENT OR AMENDMENT OF ANY BOARD OR UNIVERSITY POLICY. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons Ted Beneski, Herb Stumberg and Cydney Donnell - Business relationship Form 990, Part VI, Line 11b Review of form 990 by governing body The 990 and supplemental schedules are prepared by a public accounting firm in collaboration with the organization's senior tax accountant. The draft return is reviewed by the V.P. Of Finance & Admin. and will BE SUBMITTED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW AND ACCEPTANCE. THE FORM 990 WILL THEN BE MADE ELECTRONICALLY AVAILABLE TO THE FULL BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy A CONFLICT OF INTEREST QUESTIONNAIRE IS DISTRIBUTED TO ALL BOARD OF TRUSTEE MEMBERS, officers and key employees ANNUALLY. THE PRESIDENT'S OFFICE MONITORS ENFORCEMENT OF THE POLICY AND REPORTS ON THE STATUS TO THE AUDIT COMMITTEE, BOARD, AND EXTERNAL AUDITORS. In the event of a potential conflict of interest, the potentially conflicted individual recuses themselves from the discussions and decision process of the transaction identified as a potential conflict of interest. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE COMPENSATION OF THE PRESIDENT IS SET BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES AFTER THE CHIEF HUMAN RESOURCES OFFICER GATHERS COMPARABLE PEER INSTITUTION COMPENSATION DATA FOR THE PRESIDENT AND VICE PRESIDENTS AND PROVIDES THE DATA TO THE BOARD'S COMPENSATION/EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE USES THE APPROPRIATE BENCHMARK DATA AS PART OF SETTING THE PRESIDENT'S COMPENSATION, TO ENSURE REASONABLENESS. EACH VICE PRESIDENT'S SALARY IS RECOMMENDED BY THE PRESIDENT AFTER COMPLETING THE ANNUAL PERFORMANCE EVALUATION OF EACH VICE PRESIDENT AND THE COMPARABILITY DATA. THE PRESIDENT SUBMITS EACH VICE PRESIDENT'S SALARY AND BENEFIT RECOMMENDATION TO THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE REVIEWS THE PRESIDENT'S RECOMMENDATIONS AND COMPARABLE DATA FOR TO ENSURE THAT COMPENSATION PACKAGES REMAIN REASONABLE. THE COMPENSATION COMMITTEE IS COMPRISED OF SELECTED BOARD MEMBERS DISINTERESTED WITH REGARD TO THE COMPENSATION ARRANGEMENTS. THE COMPENSATION COMMITTEE KEEPS CONTEMPORANEOUS DOCUMENTATION OF THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS. THIS PROCESS IS COMPLETED PRIOR TO THE BEGINNING OF EACH CONTRACT PERIOD BEING APPROVED. Form 990, Part VI, Line 15b Process to establish compensation of other employees ALL SALARIES AND WAGES ARE RECOMMENDED BY THE DIVISION VICE PRESIDENTS AND APPROVED BY THE PRESIDENT. POSITIONS OTHER THAN THE PRESIDENT AND VICE PRESIDENTS ARE CONTROLLED BY A SALARY INCREASE PROCEDURE. THE SALARY INCREASE RATE IS APPROVED BY THE BOARD DURING THE ANNUAL BUDGET PROCESS. Form 990, Part VI, Line 19 Required documents available to the public THE UNIVERSITY'S AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE AND ARE AVAILABLE IN HARD COPY UPON REQUEST. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Miscellaneous Income - Total Revenue: 530669, Related or Exempt Function Revenue: 492836, Unrelated Business Revenue: 37833, Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Change In Value of Split Interest Agreements - -194743; GRETCHEN NORTHRUP FOUNDATION 1 TRINITY PLACE SAN ANTONIO TX 78212 746294095 SUPPORT Trinity University TX 501(c)(3) Type I Trinity University true Trinity Tigers Investment Corporation 1 Trinity Place San Antonio TX 78212 814978841 Support Trinity University TX 501(c)(3) Type I Trinity University true CRUT - (1) ONE TRINITY PLACE SAN ANTONIO TX 78212 722870133 SUPPORT University TX NA Trust false TRINITY POOLED INCOME FUND ONE TRINITY PLACE SAN ANTONIO TX 78212 746178316 SUPPORT UNIVersity TX NA Trust false CHARITABLE TRUST SUPPORT BENEFICIARIES TX NA Trust false MEMORIAL TRUST SUPPORT BENEFICIARIES TX NA Trust false SCHOLARSHIP FUND SUPPORT BENEFICIARIES TX NA Trust false REVOCABLE TRUST SUPPORT BENEFICIARIES TX NA Trust false false false true false false false false false false false false false false false false false false false false GRETCHEN C NORTHRUP FOUNDATION C 653715 FMV