2026-04-30T12:43:54+00:00 2025-06-30 350921680 CROWE LLP 401 East Las Olas Blvd Suite 1100 Fort Lauderdale FL 333014230 990 2024-07-01 630312914 Samford University SAMF 2057264084 800 Lakeshore Drive Birmingham AL 35229 COLIN M COYNE VP FOR FINANCE AND BUSINESS AFFAIRS 2057264037 2026-04-30 true true BRITTNEY KOCAJ P01320603 9542028600 2026-04-30 2024 2025-03-06 01:10:19Z BECK A TAYLOR 800 Lakeshore Drive Birmingham AL 35229 465281242 false X www.Samford.edu X 1841 AL A UNIVERSITY THAT NURTURES PERSONS IN THEIR DEVELOPMENT OF INTELLECT, CREATIVITY, FAITH, AND PERSONHOOD: FOSTERS ACADEMIC, CAREER, AND ETHICAL COMPENTENCY WHILE ENCOURAGING SOCIAL AND CIVIC RESPONSIBILITY AND SERVICE TO OTHERS. 40 40 2876 500 2987182 2689935 31030865 62588453 250489641 277174144 18739993 31403989 -603920 -602969 299656579 370563617 89841459 103441935 0 116706958 122687341 0 4221659 90031807 102085663 296580224 328214939 3076355 42348678 905489496 1043452487 347069423 432184276 558420073 611268211 X THE MISSION OF SAMFORD UNIVERSITY IS TO NURTURE PERSONS IN THEIR DEVELOPMENT OF INTELLECT, CREATIVITY, FAITH, AND PERSONHOOD. AS A CHRISTIAN UNIVERSITY, THE COMMUNITY FOSTERS ACADEMIC, CAREER, AND ETHICAL COMPETENCY WHILE ENCOURAGING SOCIAL AND CIVIC RESPONSIBILITY, AND SERVICE TO OTHERS. false false 107214202 231406793 SAMFORD UNIVERSITY, WITH ITS 14:1 STUDENT TO FACULTY RATIO IN THE 2024-2025 ACADEMIC YEAR, OFFERED 41 DEGREE PROGRAMS IN 126 MAJORS TO STUDENTS IN TEN ACADEMIC SCHOOLS. STUDENTS WERE ENROLLED FROM 44 STATES (PLUS PUERTO RICO) AND 16 FOREIGN COUNTRIES. THE TUITION AND FEES DERIVED FROM THESE STUDENTS PAID THE SALARIES, WAGES AND BENEFITS OF THE UNIVERSITY'S FACULTY AND STAFF. 103406735 103406735 SAMFORD UNIVERSITY AWARDED OVER $103 MILLION IN AID TO OVER 5,900 STUDENTS DURING THE 2024-2025 AID YEAR. 65514095 35200 25216568 Additional program services include food services and vending, educational workshops/programs and other types of program services. 14101122 20546629 SAMFORD UNIVERSITY MAINTAINS A BEAUTIFUL CAMPUS OF ACADEMIC AND ADMINISTRATIVE BUILDINGS AND STUDENT HOUSING. 14101122 20546629 290236154 true true false false false false false true true true true true false false true true false true true true true false true false true false false true true true true false true false false false false true false true false true false false false true true true false false false true X 8239 0 true 2876 true true true true UK false false false true true false false false false false false X 40 40 true false false false false false false true true false false false true true true true true true true true true true X COLIN M COYNE 2057264084 800 Lakeshore Drive Birmingham AL 35229 Andrew B Cundiff Vice Chair/Trustee 1.0 X X 0 0 0 Brent M Fielder Assistant Secretary/Trustee 1.0 X X 0 0 0 Hon Karon O Bowdre Chairman/Trustee 1.0 X X 0 0 0 Sherri Foyt Secretary/Trustee 1.0 X X 0 0 0 Alan Long MD Trustee 1.0 X 0 0 0 Amy Allen Trustee 1.0 X 0 0 0 Andy D Birchfield Trustee 1.0 X 0 0 0 Beth Thorne Stukes Trustee 1.0 X 0 0 0 Brian George Trustee 1.0 X 0 0 0 Bryan L Kelly Trustee 1.0 X 0 0 0 Cecelia A Walker Trustee 1.0 X 0 0 0 Charles W Lancaster Trustee 1.0 X 0 0 0 Dr Charles T Carter Trustee 1.0 X 0 0 0 Julie K Jenkins Trustee 1.0 X 0 0 0 Julie M Collier Trustee 1.0 X 0 0 0 Keith Kirkland Trustee 1.0 X 0 0 0 Linda H Bachus Trustee (term ended September 2024) 1.0 X 0 0 0 Marlene M Reed Trustee 1.0 X 0 0 0 Mechelle S Wilder Trustee 1.0 X 0 0 0 Michael P Dunn Trustee 1.0 X 0 0 0 Peter J Clemens IV Trustee 1.0 X 0 0 0 Rachel C Wachter Trustee 1.0 X 0 0 0 Rev Danny Wood Trustee 1.0 X 0 0 0 Rev Jay L Wolf Trustee 1.0 X 0 0 0 Rev John E King Jr Trustee (term ended September 2024) 1.0 X 0 0 0 Rev John L Cantelow III Trustee 1.0 X 0 0 0 Rev Randy Gunter Trustee 1.0 X 0 0 0 Rhega Gordon Trustee 1.0 X 0 0 0 Robert Holmes Jr Trustee 1.0 X 0 0 0 Ronald L Watkins Trustee 1.0 X 0 0 0 S Earl Dove Trustee 1.0 X 0 0 0 Sharon D Stuart Trustee 1.0 X 0 0 0 Sheri P McKean Trustee 1.0 X 0 0 0 Steve Vinyard Trustee 1.0 X 0 0 0 Terry Hales Jr Trustee 1.0 X 0 0 0 Timothy C Davis Trustee 1.0 X 0 0 0 Tracey Morant Adams Trustee 1.0 X 0 0 0 Verne Bragg Trustee 1.0 X 0 0 0 Victor E Nichol Jr Trustee 1.0 X 0 0 0 W Randall Pittman Trustee 1.0 X 0 0 0 William J Stevens Trustee 1.0 X 0 0 0 Yvette M Richardson Trustee 1.0 X 0 0 0 Zeke W Smith Trustee (term ended September 2025) 1.0 X 0 0 0 Beck A Taylor President 40.0 X 561048 0 189623 Colin M Coyne Vice President for Finance, Business Affairs and Strategy 40.0 X 301721 0 49446 David Cimbora Provost and Vice President for Academic Affairs (effective 7/1/2024) 40.0 X 190274 0 18803 Elizabeth B Holloway Vice President for Advancement and Marketing 40.0 X 291582 0 46954 Jason E Black Vice President for Enrollment Management 40.0 X 268797 0 45080 Joseph Jody H Hunt General Counsel and Vice President for Government Affairs 40.0 X 250696 0 33892 R Philip Kimrey Vice President for Student Affairs 40.0 X 267169 0 44353 Lisa C Imbragulio Chief Investment Officer 40.0 X 191761 0 78329 Charles Martin Newton Jr Director of Athletics 40.0 X 299650 0 44119 Christopher M Hatcher Head Coach, Football 40.0 X 277369 0 45978 Henry Bucky W McMillan Head Coach, Basketball (term 4/30/2025) 40.0 X 638505 0 36562 James Finch Professor 40.0 X 271735 0 43162 Ryan B Hudson Dean, Cumberland School of Law 40.0 X 326418 0 40018 James Michael Hardin FORMER OFFICER 40.0 X 201592 0 146519 Michael A Crouch FORMER KEY EMPLOYEE 40.0 X 268197 0 48712 4606514 0 911550 235 true true false Hoar Construction LLC Post Office Box 660400 Birmingham AL 35266 Construction contractor 19953431 ARAMARK Services Inc 27310 Network Place Chicago IL 60673 Dining services 15113231 The Robins & Morton Group 400 Shades Creek Parkway Birmingham AL 35209 Construction contractor 14161734 Johnson Controls Inc 507 East Michigan Street Milwaukee MI 53202 Building technology systems 3831657 Creactiva LLC Post Office Box 43006 Birmingham AL 35243 Cleaning services 3044259 71 248516 2855664 59484273 4513535 62588453 Tuition & fees 611310 231406793 231406793 Dormitory & utilities 721310 20546629 20546629 Food services & vending 722514 13302838 13302838 Athletics 711210 3875872 3875872 Educational workshops/programs 711710 2209932 2209932 5832080 5827926 4154 0 277174144 12513320 2240024 10273296 302845 302845 100902 100902 2101272 2765653 -664381 0 -664381 743004 -1407385 110333292 31342 91776810 0 18556482 31342 18587824 18587824 135672 248516 175162 -39490 -39490 0 0 0 0 0 370563617 277169990 2987182 27817992 35200 35200 101903840 101903840 1502895 1502895 3141018 1272460 1525350 343208 70735 70735 89355052 79477861 8546704 1330487 7736789 6831463 785758 119568 16118529 14162824 1675393 280312 6265218 5469594 679493 116131 243063 18888 224175 248553 248553 1448232 1448232 9677217 7316147 1784877 576193 2744945 1964695 555329 224921 5242458 3837782 1320610 84066 5955193 1673803 4025730 255660 2628 2283 345 19117575 14101122 4993699 22754 6487244 5619765 217344 650135 826305 754200 39324 32781 11764444 10924194 836669 3581 18770130 17375896 1361408 32826 1697784 474928 1222856 Service and auxiliary 9933803 9768904 125124 39775 Instructional supplies 2518909 2460147 43376 15386 Dues, subscriptions, memberships 2415492 2058824 339473 17195 Student loan programs 1562841 47880 1514961 1428847 1180559 242343 5945 328214939 290236154 33757126 4221659 41097533 38375510 35304699 45592605 4036478 5404474 0 0 0 0 857907 274570 810818981 371398428 350362504 439420553 344241324 376065527 109691534 117227709 17708204 18213274 2189313 2878265 905489496 1043452487 10680695 13898888 9206619 7449028 135100988 134692931 2984327 3725641 0 0 46462250 141153763 142634544 131264025 347069423 432184276 X 118964414 141101354 439455659 470166857 558420073 611268211 905489496 1043452487 X 42348678 12781349 -2281889 X false true true true true X 35333858 123203931 24943191 31030865 62588453 277100298 0 0 35333858 123203931 24943191 31030865 62588453 277100298 94355365 182744933 6332896 5082143 8353348 8844795 10999031 39612213 0 628140 1333568 1354028 2689935 6005671 64688 113845 142022 73032 135672 529259 323247441 1206242122 0.56534 0.55732 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - GROSS INCOME FROM FUNDRAISING, COLUMN A - 64688.0, COLUMN B - 113845.0, COLUMN C - 142022.0, COLUMN D - 73032.0, COLUMN E - 135672.0, COLUMN F - 529259.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 954358 X X false false true X 469998443 17619118 40483058 7545945 520554674 443471031 7562803 40637365 21672756 469998443 426345689 8536154 29122544 20533356 443471031 368437572 96568665 -14519459 24141089 426345689 332869066 5931695 80783374 51146563 368437572 0.2525 0.5569 0.1906 false false 31765312 31765312 590957689 237090493 353867196 70533594 51625163 18908431 117562386 82682772 34879614 439420553 Closely-held equity interests Financial derivatives LIMITED PARTNERSHIP INTEREST 75288951 F REAL ESTATE 41831891 F LIFE INSURANCE CONTRACTS 70585 F OTHER 36282 F 117227709 Federal Income Taxes Pension plan obligation 31203241 Annuities payable 2160626 Other 9408935 Taxable bonds 85612958 Lease liability 2878265 131264025 X 271414439 12781349 -109611608 -96830259 368244698 1448232 870687 2318919 370563617 218566301 175162 175162 218391139 1448232 108375568 109823800 328214939 Schedule D, Part III, Line 4 Collections of art - description of collections The University's collections of art are used to enhance the beauty of its Colonial-style buildings, as well as to maintain these works for the enjoyment of future generations. Schedule D, Part IV, Line 2b Explanation of escrow agreement The University maintains agency accounts for Federal loan funds, student deposits, and student organizations on campus. Schedule D, Part V, Line 4 Intended uses of endowment funds The University will use the endowment funds according to donor restrictions for scholarships, fellowships, research, capital projects. etc. as well as for purposes designated by the Board for quasi and unrestricted endowments. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote From Note 2 The University is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code, except for income taxes on any unrelated business income, if applicable. There was no provision for income taxes due on unrelated business income in fiscal years 2025 and 2024, and there are no uncertain tax positions considered to be material. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Pension liability adjustment - 422601 Other components of net periodic pension cost - -1396987 Change in split-interest agreements - 1346325 Scholarships, reported net of revenue for GAAP - -XXX-XX-XXXX Other expenses, reported net of revenue for GAAP - -6576812 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements RECLASS OF SPECIAL EVENT EXPENSE (REPORTED AS NET REVENUE ON 990) - -175162 Tax exempt bond interest, capitalized for GAAP - 302845 RECLASS TO REPORT NET UBI FROM SPC RENTAL INCOME - 743004 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 RECLASS OF SPECIAL EVENT EXPENSE (REPORTED AS NET REVENUE ON 990) - 175162 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Scholarships, reported net of revenue for GAAP - XXX-XX-XXXX Other components of net periodic pension costs - 1396987 Other expenses, reported net of revenue for GAAP - 3571846 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY The University's nondiscrimination statement is available to the public through the University's website and is included on paid advertisements promoting the university and its academic programs. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT The University receives federal financial aid for its students and grant revenue for research. true Europe (Including Iceland and Greenland) 1 2 Program Services Educational classes/study abroad 2240196 South America 0 0 Program Services EDUCATIONAL CLASSES/STUDY ABROAD 66379 Sub-Saharan Africa 0 0 Program Services educational classes/study abroad 30935 East Asia and the Pacific 0 0 Program Services EDUCATIONAL CLASSES/STUDY ABROAD 174591 Europe (Including Iceland and Greenland) 0 0 Grantmaking 1468307 South America 0 0 Grantmaking 12316 Sub-Saharan Africa 0 0 Grantmaking 5250 East Asia and the Pacific 0 0 Grantmaking 17022 Europe (Including Iceland and Greenland) 0 0 Investments 18807611 Central America and the Caribbean 0 0 Investments 8523162 1 2 0 0 1 2 31345769 0 31345769 SCHOLARSHIPS Europe (Including Iceland and Greenland) 155 1468307 student account SCHOLARSHIPS Sub-Saharan Africa 2 5250 student account SCHOLARSHIPS South America 5 12316 student account SCHOLARSHIPS East Asia and the Pacific 3 17022 student account true false true true true false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds Funds are credited to the students' accounts for tuition and fees, room and board, books and other supplies. The Office of Student Financial Services consists of both Financial Aid and Bursar functions who work closely together to ensure proper usage of grant funds. Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; SOUTH AMERICA-Accrual; SUB-SAHARAN AFRICA-Accrual Schedule F, Part III Method used to account for expenditures on org's financial statements EUROPE (INCLUDING ICELAND AND GREENLAND) -Accrual SOUTH AMERICA -Accrual SUB-SAHARAN AFRICA -Accrual Samford Golf Classic 184750 126007 58743 13528 54126 29804 11703 7744 Legacy League Spring Event 98385 78266 20119 1900 200 2750 2186 4 101053 44243 56810 5041 31104 15076 384188 248516 135672 13528 54126 36745 43007 2750 25006 175162 -39490 true Homewood City Schools Foundation Inc PO Box 59764 Birmingham AL 35259 631132466 501(c)(3) 10000 general support International Ministry of Jesus Inc 40107 Otero Road Magnolia TX 77354 264278052 501(c)(3) 10000 house construction Peace Baptist Church 4000 Covington Hwy Decatur GA 30032 582135103 501(c)(3) 6600 general assistance Summit Community Church 26 Cressey Road Gorham ME 040381202 824172671 501(c)(3) 6600 general assistance 4 0 Scholarships 5887 101903840 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds Funds are credited to the students' accounts for tuition and fees, room and board, books and other supplies. The Office of Student Financial Services consists of both Financial Aid and Bursar functions, who work closely together to ensure proper usage of grant funds. X X X X true true X X X X false true false false false false false false false James Michael Hardin FORMER OFFICER 194866 0 0 0 6726 0 71625 0 74894 0 348111 0 0 0 Elizabeth B Holloway Vice President for Advancement and Marketing 287088 0 0 0 4494 0 23480 0 23474 0 338536 0 0 0 R Philip Kimrey Vice President for Student Affairs 257383 0 0 0 9786 0 21173 0 23180 0 311522 0 0 0 Beck A Taylor President 537544 0 0 0 23504 0 108577 0 81046 0 750671 0 0 0 Jason E Black Vice President for Enrollment Management 260453 0 0 0 8344 0 21297 0 23783 0 313877 0 0 0 Colin M Coyne Vice President for Finance, Business Affairs and Strategy 296815 0 0 0 4906 0 24434 0 25012 0 351167 0 0 0 David Cimbora Provost and Vice President for Academic Affairs (effective 7/1/2024) 142422 0 0 0 47852 0 3712 0 15091 0 209077 0 0 0 Joseph Jody H Hunt General Counsel and Vice President for Government Affairs 246340 0 0 0 4356 0 10109 0 23783 0 284588 0 0 0 Michael A Crouch FORMER KEY EMPLOYEE 265359 0 0 0 2838 0 21929 0 26783 0 316909 0 0 0 Lisa C Imbragulio Chief Investment Officer 190545 0 0 0 1216 0 15679 0 62650 0 270090 0 0 0 Christopher M Hatcher Head Coach, Football 259135 0 0 0 18234 0 22504 0 23474 0 323347 0 0 0 Charles Martin Newton Jr Director of Athletics 236658 0 28000 0 34992 0 22329 0 21790 0 343769 0 0 0 James Finch Professor 263353 0 0 0 8382 0 21542 0 21620 0 314897 0 0 0 Henry Bucky W McMillan Head Coach, Basketball (term 4/30/2025) 572912 0 58333 0 7260 0 26434 0 10128 0 675067 0 0 0 Ryan B Hudson Dean, Cumberland School of Law 325428 0 0 0 990 0 16544 0 23474 0 366436 0 0 0 Schedule J, Part I, Line 1a Travel for companions The First Lady of the University often travels with the President for University business. She serves as executive director of Samford's Legacy League, an auxiliary volunteer organization that promotes advocacy for the University and raises scholarship funds. These benefits are not included in taxable compensation. Schedule J, Part I, Line 1a Housing allowance or residence for personal use The University maintains a residence where the President resides as part of his condition of employment. The residence is used for various business functions. Pursuant to Internal Revenue Code Section 119(d), the value of the qualified housing furnished to the president is excluded from income. Schedule J, Part I, Line 1a Health or social club dues or initiation fees The University provides social club dues and fees to 3 of its officers and highest compensated employees. The officers and highest compensated employees use the clubs to host University events. The value of the dues is treated as taxable compensation. Schedule J, Part I, Line 1a Personal services Housekeeping services at the President's home are provided by a housekeeper who is an employee of the University. These services are considered necessary given the number of University events held at the President's home, and the fact that all areas are open and available for viewing during these events. These services fall within the IRC Section 119(d) exclusion and therefore are excluded from income. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan The University and the president entered into a 457(f) deferred compensation agreement effective March 15, 2022. All amounts elected to be set aside remain the sole property of the University until paid per this agreement. The University contributed $86,700 during 2024, which is included in the amount reported on Schedule J, Part II, Column C. Schedule J, Part II, Column (B)(i) Base compensation James Michael Hardin, Provost and Vice President, is an ordained minister and is eligible to claim a nontaxable ministerial benefit. As a result, his W-2, Box 1 reportable compensation excludes certain nontaxable benefits such as a nontaxable ministerial allowance and 403(b)/457 employee deferrals. These nontaxable benefits are reported on Schedule J, columns C and D. For comparison purposes, if he were not an ordained minister, his compensation would be reported as follows on Schedule J: B(i) $292,371, B(iii) $6,726, C $24,119, D $24,895 and E $348,111. Note there is no difference in the total compensation reported in Column E. Form 990, Part VII, Section A, Columns D and F would also reflect these reporting differences, however the amount reported in total does not change. A Educational Building Authority of the City of Homewood 521442481 437887GD8 2017-06-29 50656776 Current refunding of Series 2007A bonds; purchase/renovation of capital projects false false false B Educational Building Authority of the City of Homewood 521442481 437887GP1 2019-12-12 65259787 Current refunding of Series 2009-A, 2012-A, and a portion of 2014-A; renovation of capital projects false false false C EDUCATIONAL BUILDING AUTHORITY OF THE CITY OF HOMEWOOD 521442481 437887HV7 2021-11-10 22084067 RENOVATION OF CAPITAL PROJECTS false false false A 0 50656776 462844 25004627 25189305 2018 true false true true B 0 65358163 398568 20112080 44847515 2022 true false true true C 0 24044155 151304 23072785 820066 false 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 C false false false false false false 0.0 0.0 0.0 false false 0 false true A false false true false false false 0 false false false 0 false false true B false true false false false false 0 false false false 0 false false true C false true false false false false 0 false false false 0 false false true A true B true C true Schedule K, Part V Written Procedures Samford University has written procedures to ensure tax compliance with federal tax requirements; however, the procedures do not mandate that Samford enter into the voluntary closing agreement program. Schedule K, Part II, Line 12 Series 2021-A, Column C Total unspent proceeds includes interest earned of $1,960,088 Schedule K, Part II, Line 10 Series 2019-A, column B Total capital expenditures from proceeds includes interest earned of $98,376. Schedule K, Part II, Line 3 Series 2021-A, Column C Line 3 is higher than the amount reported in Part I, line C as the amount reported on line 3 includes interest earned. Schedule K, Part II, Line 3 Series 2019-A, Column B Line 3 is higher than the amount reported in Part I, line B as the amount reported on line 3 includes interest earned. 61940 merit-based scholarships study/education Julie Taylor family member of Dr. Taylor, officer 70735 employee compensation false Schedule L, Part III GRANTS OR ASSISTANCE BENEFITING INTERESTED PERSONS COLLEGES AND UNIVERSITIES ARE NOT REQUIRED TO IDENTIFY INTERESTED PERSONS TO WHOM THEY PROVIDE SCHOLARSHIPS, GRANTS, FELLOWSHIPS OR SIMILAR FINANCIAL ASSISTANCE. 40 3813535 Market value 1 700000 Opinions of experts 1 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - Number of contributions Real estate - Other - undeveloped land number of contributions Form 990, Part III, Line 4a-4c Description of program services (Expenses $ 14,101,122 including grants of $)(Revenue $ 20,546,629) SAMFORD UNIVERSITY MAINTAINS A BEAUTIFUL CAMPUS OF ACADEMIC AND ADMINISTRATIVE BUILDINGS AND STUDENT HOUSING. Form 990, Part VI, Line 1a Delegate broad authority to a committee The Board of Trustees shall elect from its Active and Life Members an Executive Committee consisting of: (a) those currently serving Trustees who formerly served at least one term as Chair of the Board; (b) sixteen (16) additional members, including the Chair, Vice Chair, Secretary, and Assistant Secretary of the Board, and the respective chairs of the Business and Financial Affairs, Audit, Operations and Planning, Student Affairs and Enrollment Management, Academic Affairs, University Advancement, and Investment Committees and of the Committee on Trustees. Four additional members of the Executive Committee shall be elected from the membership at large. Members of each Board committee shall be elected annually to serve terms of one calendar year or until their successors have been elected and have agreed to serve. Members of the Executive Committee are eligible for reelection to the Executive Committee provided their terms as Trustees have not expired. PER SAMFORD UNIVERSITY BYLAWS, THE EXECUTIVE COMMITTEE SHALL HAVE THE FULL POWER AND AUTHORITY OF THE BOARD OF TRUSTEES TO TRANSACT ALL BUSINESS OF THE UNIVERSITY BETWEEN MEETINGS OF THE BOARD, EXCEPT WHERE LIMITED BY THE BOARD OR BY GOVERNING LAW. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons ELIZABETH B. HOLLOWAY AND TIMOTHY VINES - Business relationship, William J. Stevens and Timothy Vines - Business relationship Form 990, Part VI, Line 11b Review of form 990 by governing body The Board of Trustees has delegated to the Audit Committee the task of reviewing the Form 990 with management. The Audit Committee then prepares a report of this review and submits it and a copy of the 990 to the full Board prior to the filing of the return with the Internal Revenue Service. Form 990, Part VI, Line 12c Conflict of interest policy Annually, the University distributes a questionnaire that requires trustees, officers, and key employees to disclose any actions that might be in violation of the Conflict of Interest Policy. Trustees or officers who have declared or have been found to have conflict of interest in any matter before the University administration or the Board shall refrain from participating in consideration of the proposed transaction, unless for special reasons, the Board or administration requests information or interpretation from the person or persons involved. The person or persons involved should not vote on such matters and should not be present at the time to vote. Any Board member who is uncertain about possible conflicts of interest in any matter may request the Board, through the Chairman, to determine whether a possible conflict prevails; the Board shall resolve the question by majority vote. When possible, the question of potential conflict should be referred to counsel for an opinion prior to the Board's vote. Accounting personnel overseeing the 990 preparation and other accounting functions review the questionnaires to help monitor compliance. Form 990, Part VI, Line 15a Process to establish compensation of top management official Compensation is compared to survey results from CUPA-HR and the Council for Christian Colleges and Universities (CCCU) and other sources. The President's compensation package was approved by the Board of Trustees and is reviewed annually by a committee of the Board of Trustees, which includes the Chairman of the Board of Trustees. The deliberation and decision has been appropriately documented. This process was undertaken in 2024 and 2025. Form 990, Part VI, Line 15b Process to establish compensation of other employees Compensation for officers is compared to survey results from CUPA-HR and the Council for Christian Colleges and Universities (CCCU) and other sources and is approved annually by the Chairman of the Board of Trustees and the President. Compensation for key employees is also compared to survey results and approved annually by the Provost and President. The deliberation and decision has been appropriately documented. This process was undertaken in 2024 and 2025. Form 990, Part VI, Line 19 Required documents available to the public The University files its Charter and amendments with the Office of the Judge of Probate of Jefferson County, Alabama, and the Office of the Secretary of State of the State of Alabama. The conflict of interest policy is available on the University's intranet and portions are contained in the Vendor Request Form. Financial information is available on Form 990 which is available upon request or at www.irs.gov. In addition, financial statements are available on the Municipal Securities Rulemaking Board website at www.emma.msrb.org. Form 990, Part VIII, Line 2f Other Program Service Revenue Other programs - Total Revenue: 5832080, Related or Exempt Function Revenue: 5827926, Unrelated Business Revenue: 4154, Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Pension liability adjustment - 422601; Unrelated debt financed income - -743004; Change in value of split-interest agreements - 1346325; Capitalized tax exempt bond interest - -302845; Loss on debt refinancing - -3004966; Total - -2281889; University Park Holding LLC 800 Lakeshore Drive Birmingham AL 35229 Real estate investment AL 3374812 13047517 Samford University SPCAMPUS I LLC 800 Lakeshore Drive Birmingham AL 35229 473344667 Rental real estate AL 229043 20757428 Samford University SPCAMPUS II LLC 800 Lakeshore Drive Birmingham AL 35229 473367549 Rental real estate AL 136755 12928182 Samford University SPCAMPUS III LLC 800 Lakeshore Drive Birmingham AL 35229 473334076 Real estate investment AL 3012814 24819501 Samford University Samford Properties East LLC 800 Lakeshore Drive Birmingham AL 35229 473374730 Land held for use AL 0 3130000 Samford University Samford University Foundation 800 Lakeshore Drive Birmingham AL 35229 631016371 Educational research AL 501(c)(3) 10 Samford University true Sherman Oak Development Company LLC 600 University Park Pl Ste 145 Homewood AL 35209 923411649 Real estate development DE 1841 Management Inc 0 0 false 0.5 Charitable remainder trust (6) trust AL Samford University Trust true 1841 Management Inc 800 Lakeshore Drive Birmingham AL 35229 923312607 Investment activity DE Samford University C Corporation 0 0 1 true false false false false false false false false false false false false false true true false false false false