2026-04-13T22:32:46+00:00 2025-05-31 350921680 CROWE LLP 4801 Olympia Park Plaza Suite 4000 Louisville KY 402412098 990 2024-06-01 741109633 Trinity University TRIN 2109997301 1 Trinity Pl San Antonio TX 78212 Mark A Detterick VP Finance and Administration 2026-04-14 true Rachel Spurlock P00520729 5023263996 2026-04-14 2024 2025-03-06 01:10:19Z VANESSA B BEASLEY 1 Trinity Pl San Antonio TX 78212 571426989 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 2360 38 2844625 177463 56014227 38434865 163606010 170611947 115530173 129308567 3521950 12165288 338672360 350520667 79902737 82636431 0 95796978 102481474 0 4747298 95335032 107072107 271034747 292190012 67637613 58330655 2348224835 2441443432 282316103 272143979 2065908732 2169299453 TRINITY UNIVERSITY IS AN INDEPENDENT CO-EDUCATIONAL UNIVERSITY WHOSE MISSION IS EXCELLENCE IN THE INTERRELATED AREAS OF TEACHING, RESEARCH AND SERVICES. false false 233363110 82636431 182817147 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 2,595 annual students for FY25 which represents the full-time equivalent of undergraduate and graduate students; 4.8% of these students come from outside the United States and 78% are from within Texas. The University received 12,506 first-year undergraduate applications for fall 2025 with an acceptance rate of 26%. The University's yield was 20%, generating enrollment of 650 first-year students. Student charges (net tuition, fees, room and board) were $88 million. Total scholarships and grants were $82.6 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. 233363110 true true false true 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 3511 0 true 2360 true true true false false false true true true true false false false false true true X 37 37 true false false false false false false true true false 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 Cydney Donnell VICE-CHAIR (BEG 05/2025) 1.0 2.0 X X 0 0 0 Erin Baker VICE-CHAIR (End 05/2025), TRUSTEE 1.0 2.0 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 1.0 2.0 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 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 1.0 2.0 X 0 0 0 John C Korbell TRUSTEE 1.0 1.0 X 0 0 0 John Thornton TRUSTEE 1.0 1.0 X 0 0 0 John Tobola TRUSTEE (Beg 02/2025) 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 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 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 Paul Hensley TRUSTEE (Beg 02/2025) 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 (End 03/2025) 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 Mark A Detterick VP Finance and Administration (Beg 06/2024) 40.0 2.0 X 227748 0 30137 Vanessa B Beasley President 40.0 2.0 X 633090 0 161321 Andrew Wells VP for Student Affairs 40.0 0 X 243689 0 37139 Brandi Jones VP of People, Culture & Community 40.0 0 X 231134 0 25312 Craig Crow Chief Investment Officer 40.0 0 X 1053672 0 112007 Eric Maloof VP Enrollment Mgmt 40.0 0 X 347508 0 56143 Erika Robinson General Counsel 40.0 0 X 249551 0 37877 Frank Guerra VP for Strategic Communications and Marketing (END 02/2025) 40.0 0 X 243967 0 37657 Megan Mustain Provost and VP for Academic Affairs 40.0 0 X 304948 0 46667 Michael Bacon VP Alumni Relations and Development 40.0 0 X 378438 0 58921 Alison Hermann Investment Director-Marketables 40.0 0 X 277387 0 22309 David Macpherson EM Stevens Professor Of Economics 40.0 0 X 286276 0 53152 Luis Giavedoni Brackenridge Distinguished Professor 40.0 0 X 265619 0 31559 Marcia Watson Jesse H Jones Professor of Business 40.0 0 X 264252 0 44750 Robert Scherer Dean: Neidorff School of Business 40.0 0 X 311461 0 45918 Gary L Logan Former VP Finance and Administration (End 5/2024) 40.0 2.0 X 191675 0 28822 Sheryl Tynes Former Key Employee 40.0 0 X 203640 0 23539 5714055 0 853230 240 true true false Turner Construction 10100 Reunion Place Ste 705 San Antonio TX 78216 CONSTRUCTION 12939470 Compass Group-Chartwells PO BOX 417632 Boston MA 02241 MEALS & FOOD SERVICE 10644815 Malitz Construction 8634 Crownhill Blvd San Antonio TX 78209 CONSTRUCTION 8537157 ABM Industries Inc 14141 Southwest Fwy Ste 400 Sugar Land TX 77478 HOUSEKEEPING 2594780 Computer Solutions 14410 Wurzbach Pkwy Ste 175 San Antonio TX 78216 IT Services: Consulting, Software License/Maintenance 2561382 105 3164780 8143516 27126569 5059221 38434865 TUITION AND FEES 611600 140455370 140455370 RESIDENCE HALLS 611600 20299842 20299842 FOOD SERVICE 611600 9532360 9532360 Student Loan Interest 900099 324375 324375 0 0 0 0 170611947 72858967 1854000 71004967 19961 74922 -54961 0 -54961 7150 -62111 277281000 220831400 56449600 0 56449600 1030537 55419063 Historic Tax Credit Revenue 900099 8558089 8558089 Conferences, Events and Special Programs 900099 1836816 1836816 Auxilary and operating revenue 900099 464050 464050 1361294 1339095 22199 0 12220249 350520667 182817147 2844625 126424030 82636431 82636431 5563704 1005157 4106703 451844 289745 239076 50669 74763411 63336340 8749567 2677504 6038134 4953167 853198 231769 10724311 4329802 6064500 330009 5102169 4970913 106931 24325 798353 15144 783209 376012 376012 20493 20493 19258362 19258362 24811141 21237759 3388808 184574 373267 243366 120518 9383 2473757 2179855 204386 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-479576 X false true true true true X 25827401 42699136 27993776 56014227 38434865 190969405 0 0 0 0 0 0 0 0 0 0 0 0 25827401 42699136 27993776 56014227 38434865 190969405 16581438 174387966 112455297 25034364 35027903 63916178 71024928 307458670 0 0 0 0 0 0 0 0 0 0 0 0 498428075 784914520 0.34988 0.3703 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 false true false false false false true 10493 false true 10000 20493 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY The University employs one part-time individual in San Antonio whose responsibilities include minimal engagement in federal and state lobbying activities. Other activities include the payment of dues to an outside registered lobbying firm in Washington, D.C. Lobbying activities included contacts through letters, phone calls, and meetings with legislators, members of their staffs, or other governmental officials, as well as meetings with local citizens regarding relevant issues. The total amount spent by Trinity University on lobbying activities represents an insignificant portion of the University's total expenditures. Trinity also paid membership dues to associations of educational institutions that may lobby on behalf of their members' interests; however, no portion of these dues was specifically allocated to lobbying costs. 2 4589347 0 0 X X false 1427891172 14699535 151608131 14431071 41857028 19718789 1518191950 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 0.3965 0.2335 0.37 false false 18846141 18846141 476413563 168717801 307695762 66222997 44208959 22014038 112583717 61722154 50861563 399417504 Closely-held equity interests Financial derivatives HEDGE FUNDS 208457328 F PRIVATE EQUITY/VENTURE CAPITAL 355702897 F REAL ESTATE 20484528 F MINERAL AND SURFACE INTERESTS 118423000 F OTHER ALTERNATIVE INVESTMENTS 703067753 FUNDS HELD IN TRUST BY OTHERS 430361438 430361438 Federal Income Taxes ACTUARIAL LIABILITY - ANNUITIES PAY 1546372 1546372 X 0 0 0 0 0 0 0 0 0 0 0 0 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 The University's endowment consists of numerous individual funds established to support the university in perpetuity. Annual spending is governed by a board-approved policy designed to support the general operating budget and mission of the University. 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 2025 or 2024. 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, 2025, 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, 2022. 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 196176 East Asia and the Pacific 0 0 Program Services RESEARCH & RECRUITING 1356861 Europe (Including Iceland and Greenland) 0 0 Program Services RESEARCH & RECRUITING 1657639 Middle East and North Africa 0 0 Program Services RESEARCH & RECRUITING 289 Central America and the Caribbean 0 0 Investments 295223705 Europe (Including Iceland and Greenland) 0 0 Investments 8542988 North America (Canada & Mexico only) 0 0 Program Services RESEARCH & RECRUITING 358427 South America 0 0 Program Services RESEARCH & RECRUITING 69695 Sub-Saharan Africa 0 0 Program Services RESEARCH & RECRUITING 3267 South Asia 0 0 Program Services RESEARCH & RECRUITING 1734 0 0 0 0 0 0 307410781 0 307410781 true false true true true false 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; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual true UNDERGRADUATE scholarships 2413 81415682 GRADUATE SCHOLARSHIPS 136 1220749 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 Gary L Logan Former VP Finance and Administration (End 5/2024) 147861 0 0 0 43814 0 17050 0 11772 0 220497 0 0 0 Vanessa B Beasley President 599382 0 30000 0 3708 0 134500 0 26821 0 794411 0 0 0 Mark A Detterick VP Finance and Administration (Beg 06/2024) 171319 0 25000 0 31429 0 17275 0 12862 0 257885 0 0 0 Sheryl Tynes Former Key Employee 201962 0 200 0 1478 0 20339 0 3200 0 227179 0 0 0 Craig Crow Chief Investment Officer 516084 0 350000 0 187588 0 84500 0 27507 0 1165679 0 164348 0 Michael Bacon VP Alumni Relations and Development 333912 0 20000 0 24526 0 34500 0 24421 0 437359 0 0 0 Eric Maloof VP Enrollment Mgmt 289516 0 0 0 57992 0 32136 0 24007 0 403651 0 0 0 Megan Mustain Provost and VP for Academic Affairs 300580 0 0 0 4368 0 30818 0 15849 0 351615 0 0 0 Erika Robinson General Counsel 249311 0 0 0 240 0 25314 0 12563 0 287428 0 0 0 Frank Guerra VP for Strategic Communications and Marketing (END 02/2025) 242390 0 0 0 1577 0 20888 0 16769 0 281624 0 0 0 Andrew Wells VP for Student Affairs 239447 0 0 0 4242 0 24490 0 12649 0 280828 0 0 0 Brandi Jones VP of People, Culture & Community 202835 0 24783 0 3516 0 16500 0 8812 0 256446 0 0 0 Robert Scherer Dean: Neidorff School of Business 309739 0 0 0 1722 0 31669 0 14249 0 357379 0 0 0 David Macpherson EM Stevens Professor Of Economics 284692 0 0 0 1584 0 29608 0 23544 0 339428 0 0 0 Marcia Watson Jesse H Jones Professor of Business 263220 0 0 0 1032 0 27185 0 17565 0 309002 0 0 0 Alison Hermann Investment Director-Marketables 217085 0 60000 0 302 0 21709 0 600 0 299696 0 0 0 Luis Giavedoni Brackenridge Distinguished Professor 264461 0 0 0 1158 0 20198 0 11361 0 297178 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 $164,348/$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. Contracts of certain individuals include provisions that allow them to receive additional compensation if specific criteria or circumstances 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 560879 59756665 11634844 true false false true A false false false false false false 0.0 0.0 0.0 false false 0 false true B false false false false false false 0.0 0.0 0.0 false false 0 false true A false false false true false false 0 false false false 0 false false true B false false false true false false 0 false false false 0 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 Schedule K, Part IV, Line 2c COLUMN B Issuer name: CITY OF SAN ANTONIO, TEXAS EDUCATION FACILITIES CORP The calculation for computing no rebate due was performed on 05/30/2025 SEE PART V SEE PART V 175007 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. 2 2 Opinions of experts X 1 Opinions of experts 106 4628118 Market value 1 429340 Market value 1 1 Market value 1 1758 Market value X Fabrics 1 1 Market value 0 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 Food inventory - Furniture NUMBER OF CONTRIBUTIONS RECEIVED Other - Fabrics NUMBER OF CONTRIBUTIONS RECEIVED Collectibles - Jewelry NUMBER OF CONTRIBUTIONS RECEIVED Securities - Partnership, LLC, or trust interests - 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. 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 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 TO ENSURE THAT COMPENSATION PACKAGES REMAIN REASONABLE. ALL OTHER 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 ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE AND ARE AVAILABLE IN HARD COPY UPON REQUEST. THE FORM 990 IS AVAILABLE UPON REQUEST. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue - Total Revenue: 1361294, Related or Exempt Function Revenue: 1339095, Unrelated Business Revenue: 22199, 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 - -479576; Total - -479576; 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 3164780 FMV