2026-04-10T11:07:25-05:00 2025-05-31 135565207 KPMG LLP 550 SOUTH HOPE STREET SUITE 1500 LOS ANGELES CA 90071 990 2024-06-01 951643992 CHAPMAN UNIVERSITY CHAP 7149976598 ONE UNIVERSITY DRIVE ORANGE CA 92866 BRIAN THOMASON INTERIM EXEC VP & COO 7149976598 2026-04-10 1 0 CAREY MCKEE P01281067 2139724000 2026-04-10 2024 2025-03-06 01:10:19Z DANIELE C STRUPPA ONE UNIVERSITY DRIVE ORANGE CA 92866 904490116 0 X WWW.CHAPMAN.EDU X 1861 CA PERSONALIZED EDUCATION THAT LEADS TO INQUIRING, ETHICAL, & PRODUCTIVE LIVES AS GLOBAL CITIZENS. 64 63 5891 400 422140 0 49146420 52940574 632482855 646573849 83974819 39163347 10633086 19088204 776237180 757765974 208648789 216304363 0 0 279717591 289995760 0 0 20279815 193903421 183439840 682269801 689739963 93967379 68026011 2279240565 2373586868 544785579 525822485 1734454986 1847764383 X THE MISSION OF CHAPMAN UNIVERSITY IS TO PROVIDE PERSONALIZED EDUCATION OF DISTINCTION THAT LEADS TO INQUIRING, ETHICAL AND PRODUCTIVE LIVES AS GLOBAL CITIZENS. 0 0 453206350 216304363 580348365 LISTED BELOW ARE CHAPMAN UNIVERSITY'S ACADEMIC PROGRAMS, WHICH CURRENTLY PROVIDE MORE THAN 50 FIELDS OF UNDERGRADUATE STUDY AND MORE THAN 40 GRADUATE PROGRAMS, AS WELL AS A VARIETY OF CREDENTIAL AND CERTIFICATE PROGRAMS.- GEORGE L. ARGYROS COLLEGE OF BUSINESS AND ECONOMICS- ATTALLAH COLLEGE OF EDUCATIONAL STUDIES- LAWRENCE AND KRISTINA DODGE COLLEGE OF FILM AND MEDIA ARTS- JOHN & DONNA CREAN COLLEGE OF HEALTH AND BEHAVIORAL SCIENCES- WILKINSON COLLEGE OF ARTS, HUMANITIES, & SOCIAL SCIENCES- COLLEGE OF PERFORMING ARTS- SCHOOL OF PHARMACY- DALE E. FOWLER SCHOOL OF LAW- SCHMID COLLEGE OF SCIENCE AND TECHNOLOGY- SCHOOL OF COMMUNICATION- DALE E. AND SARAH ANN FOWLER SCHOOL OF ENGINEERING 57198281 CHAPMAN UNIVERSITY HAS TWO LIBRARIES WHICH SERVE AS A PRIMARY RESOURCE OF ACADEMIC SUPPORT FOR OUR STUDENTS AND FACULTY -THE LEATHERBY LIBRARIES AND THE HUGH & HAZEL DARLING LAW LIBRARY.THE LEATHERBY LIBRARIES INCLUDES NINE INDIVIDUALLY NAMED LIBRARIES WITH DISTINCTIVE COLLECTIONS REPRESENTING DISCIPLINARY AREAS OF THE UNIVERSITY TO INCLUDE ARTS AND HUMANITIES, SOCIAL SCIENCES, SCIENCE AND TECHNOLOGY, EDUCATION, MUSIC, FILM AND MEDIA ARTS, AND BUSINESS AND ECONOMICS, HOLOCAUST MEMORIAL LIBRARY, AND A SPECIAL COLLECTIONS AND ARCHIVES LIBRARY. THE FIVE-STORY FACILITY FEATURES 15 GROUP STUDY ROOMS, 5 MULTI-MEDIA ROOMS, A PRESENTATION STUDIO, OVER 145 COMPUTERS, 6 COMPUTER CLASSROOMS, A LIBRARY INSTRUCTION ROOM, AN EXTENDED HOURS STUDY COMMONS, AND MORE THAN 800 SEATS AT TABLES, STUDY CARRELS, AND LOUNGE CHAIRS. THE LEATHERBY LIBRARIES COLLECTION CONTAINS APPROXIMATELY 400,000 VOLUMES AND PROVIDES ACCESS TO OVER 400 DATABASES, 65,000 PERIODICAL TITLES, IN ADDITION TO DVD'S VIDEOS, CD'S AND OTHER MEDIA EQUIPMENT.THE HUGH & HAZEL DARLING LAW LIBRARY FEATURES COMFORTABLE, QUIET STUDY AREAS WITH SEATING FOR OVER 300 PATRONS, INCLUDING 11 GROUP STUDY ROOMS. THE LIBRARY PROVIDES ACCESS TO OVER 300,000 RESOURCES TO SUPPORT THE MODERN LEGAL RESEARCH AND SCHOLARLY NEEDS FOR FACULTY AND STUDENTS. THE LIBRARY IS OPEN OVER 100 HOURS A WEEK ON A REGULAR BASIS AND HAS EXTENDED HOURS DURING EXAM PERIODS. 50363123 STUDENT SERVICES: CHAPMAN UNIVERSITY STUDENTS HAVE ENDLESS OPPORTUNITIES FOR EXTENDING THEIR EDUCATION BEYOND THE CLASSROOM. THESE OPPORTUNITIES INCLUDE STUDENT GOVERNMENT, DIVISION III INTERCOLLEGIATE ATHLETICS, PUBLICATIONS, RADIO BROADCASTING, FINE ARTS, AND OVER 200 REGISTERED STUDENT ORGANIZATIONS, INCLUDING AN ACTIVE FRATERNITY AND SORORITY SYSTEM. 49738998 66225484 AUXILIARY ENTERPRISESSTUDENTS CAN CHOOSE TO ATTEND A VARIETY OF EDUCATIONAL, SPIRITUAL, CULTURAL, SERVICE AND SOCIAL EVENTS. BECAUSE OF CHAPMAN'S SIZE, STUDENTS ARE NOT LIMITED TO ONE OR TWO ASPECTS OF CAMPUS LIFE BUT ARE ABLE TO ENGAGE IN A WIDE ARRAY OF OPPORTUNITIES. CHAPMAN UNIVERSITY IS PROUD TO OFFER SEVERAL HOUSING OPTIONS FOR STUDENTS, INCLUDING FIVE TRADITIONAL RESIDENCE HALLS AND SIX APARTMENT-STYLE RESIDENCE FACILITIES. WE STRIVE TO ENSURE THAT OUR RESIDENCE HALLS AND APARTMENTS ARE COMFORTABLE AND SAFE LIVING AND LEARNING ENVIRONMENTS. THE CHAPMAN LIVING AND LEARNING ENVIRONMENT CREATES AN ENGAGING CAMPUS CLIMATE AND PROVIDES MEANINGFUL EXPERIENCES THAT FACILITATE THE FOLLOWING LEARNING OUTCOMES:- A HEALTHY SENSE OF SELF: STUDENTS WILL DEVELOP AN HONEST UNDERSTANDING AND APPRECIATION OF THEMSELVES AND AN ABILITY TO MAKE INDIVIDUAL CHOICES THAT PROMOTE THEIR HEALTH AND WELL-BEING.- A FRAMEWORK OF PERSONAL ETHICS AND VALUES: STUDENTS WILL DEVELOP A FRAMEWORK OF CONSISTENT ETHICS AND VALUES THAT GUIDES THEIR DAILY LIVES.- AN ABILITY TO APPLY CRITICAL THOUGHT: STUDENTS WILL MAKE EFFECTIVE DECISIONS GROUNDED IN CAREFUL, OBJECTIVE ANALYSIS OF INFORMATION, EXPERIENCES AND IDEAS.- AN ABILITY TO DEVELOP AND SUSTAIN MEANINGFUL RELATIONSHIPS: STUDENTS WILL DEVELOP SKILLS TO ESTABLISH AND SUSTAIN HEALTHY, MEANINGFUL INTERPERSONAL RELATIONSHIPS.- A COMMITMENT TO CITIZENSHIP: STUDENTS WILL UNDERSTAND THEIR ROLE AND RESPONSIBILITIES WITHIN LOCAL AND GLOBAL COMMUNITIES AND COMMIT TO BECOMING AN ENGAGED MEMBER.- A PURSUIT OF LIFELONG LEARNING: STUDENTS WILL DEVELOP AN INTELLECTUAL CURIOSITY AND DESIRE FOR CONTINUAL LEARNING BOTH WITHIN AND BEYOND FORMAL EDUCATION. 49738998 66225484 610506752 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 0 1 1 1 1 1 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 1 1 0 0 0 1 812 0 1 5891 1 1 1 0 0 0 0 1 1 0 0 0 0 1 0 X 64 63 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK CA CO MA MD ME MI NH NV OH OK OR SC WA WI X X SHANNON TURNER 7149976598 ONE UNIVERSITY DRIVE ORANGE CA 92866 PARKER S KENNEDY CHAIR (12/24)/EMERTIUS TRUSTEE 1.00 0.00 X X 0 0 0 JAMES P BURRA CHAIRMAN (AS OF 1/1/25) 1.00 0.00 X X 0 0 0 JAMES V MAZZO VICE CHAIR 1.00 0.00 X X 0 0 0 SCOTT CHAPMAN SECRETARY 1.00 0.00 X X 0 0 0 MARILYN ALEXANDER TRUSTEE 1.00 0.00 X 0 0 0 LISA ARGYROS TRUSTEE 1.00 0.00 X 0 0 0 RAJ S BHATHAL TRUSTEE 1.00 0.00 X 0 0 0 GAYE BIRTCHER TRUSTEE 1.00 0.00 X 0 0 0 KEN BUNT TRUSTEE 1.00 0.00 X 0 0 0 ROBERT CASE TRUSTEE 1.00 0.00 X 0 0 0 AKIN CEYLAN TRUSTEE 1.00 0.00 X 0 0 0 IRVING M CHASE TRUSTEE 1.00 0.00 X 0 0 0 JEROME W CWIERTNIA TRUSTEE 1.00 0.00 X 0 0 0 ZEINAB DABBAH TRUSTEE 1.00 0.00 X 0 0 0 DALE E FOWLER TRUSTEE 1.00 0.00 X 0 0 0 GAVIN S HERBERT JR TRUSTEE 1.00 0.00 X 0 0 0 MARK HILBERT TRUSTEE 1.00 1.00 X 0 0 0 ANDY HOROWITZ TRUSTEE 1.00 0.00 X 0 0 0 ANDRES IRLANDO TRUSTEE 1.00 0.00 X 0 0 0 MARK CHAPIN JOHNSON TRUSTEE 1.00 0.00 X 0 0 0 JASON KROTTS TRUSTEE 1.00 0.00 X 0 0 0 DANIELLE LIMP TRUSTEE 1.00 0.00 X 0 0 0 RICK LOWE TRUSTEE 1.00 0.00 X 0 0 0 MELINDA MASSON TRUSTEE 1.00 0.00 X 0 0 0 MARONYA MOULTRIE TRUSTEE 1.00 0.00 X 0 0 0 MARYBELLE MUSCO TRUSTEE 1.00 0.00 X 0 0 0 RICHARD MUTH TRUSTEE 1.00 0.00 X 0 0 0 NELLA WEBSTER-O'GRADY TRUSTEE 1.00 0.00 X 0 0 0 JAMES B ROSZAK TRUSTEE 1.00 0.00 X 0 0 0 THE HONORABLE LORETTA SANCHEZ TRUSTEE 1.00 0.00 X 0 0 0 MOHINDAR S SANDHU TRUSTEE 1.00 0.00 X 0 0 0 KEVIN SCHEETZ TRUSTEE 1.00 0.00 X 0 0 0 RONALD M SIMON TRUSTEE 1.00 0.00 X 0 0 0 MAX VALDES TRUSTEE 1.00 0.00 X 0 0 0 TIM VANDERHOOK TRUSTEE 1.00 0.00 X 0 0 0 THE HONORABLE GADDI VASQUEZ TRUSTEE 1.00 0.00 X 0 0 0 ANNETTE WALKER TRUSTEE 1.00 0.00 X 0 0 0 GEORGE WALL TRUSTEE 1.00 0.00 X 0 0 0 KAREN R WILKINSON TRUSTEE 1.00 0.00 X 0 0 0 JANE FUJISHIGE YADA TRUSTEE 1.00 0.00 X 0 0 0 CHARLIE ZHANG TRUSTEE 1.00 0.00 X 0 0 0 WYLIE A AITKEN EMERITUS TRUSTEE 1.00 0.00 X 0 0 0 THE HONORABLE GEORGE L ARGYROS EMERITUS TRUSTEE 1.00 0.00 X 0 0 0 DOY B HENLEY EMERITUS TRUSTEE 1.00 0.00 X 0 0 0 DONALD E SODARO EMERITUS TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM K HOOD EMERITUS TRUSTEE 1.00 0.00 X 0 0 0 DONNA ATTALLAH EMERITUS TRUSTEE 1.00 0.00 X 0 0 0 ARLENE R CRAIG EMERITUS TRUSTEE 1.00 0.00 X 0 0 0 DAVID C HENLEY EMERITUS TRUSTEE 1.00 0.00 X 0 0 0 ROGER C HOBBS EMERITUS TRUSTEE 1.00 0.00 X 0 0 0 JOANN LEATHERBY EMERITUS TRUSTEE 1.00 0.00 X 0 0 0 TOM MALLOY EMERITUS TRUSTEE 1.00 0.00 X 0 0 0 RICHARD R SCHMID EMERITUS TRUSTEE 1.00 0.00 X 0 0 0 R DAVID THRESHIE EMERITUS TRUSTEE 1.00 0.00 X 0 0 0 REVEREND LATAUNYA BYNUM EX OFFICIO TRUSTEE 1.00 0.00 X 0 0 0 KATHY DUNLAP EX OFFICIO TRUSTEE 1.00 0.00 X 0 0 0 LISA HALLAIAN EX OFFICIO TRUSTEE (AS OF 7/24 1.00 0.00 X 0 0 0 JAY HARTLEY EX OFFICIO TRUSTEE 1.00 0.00 X 0 0 0 REVEREND DAYNA KINKADE EX OFFICIO TRUSTEE 1.00 0.00 X 0 0 0 SHARI NAZAROFF EX OFFICIO TRUSTEE (THRU 6/24) 1.00 0.00 X 0 0 0 MICHAEL PENN EX OFFICIO TRUSTEE 1.00 0.00 X 0 0 0 MICHELLE PHILO EX OFFICIO TRUSTEE 1.00 0.00 X 0 0 0 REVEREND RACHAEL PRYOR EX OFFICIO TRUSTEE (AS OF 9/24 1.00 0.00 X 0 0 0 RICHIE SANCHEZ EX OFFICIO TRUSTEE 1.00 0.00 X 0 0 0 DANIELE STRUPPA PRESIDENT/EX-OFFICIO TRUSTEE 40.00 0.00 X X 1308930 0 588728 HAROLD HEWITT JR EXEC VP & COO (THRU 4/23/25) 40.00 0.00 X 994193 0 66185 MATTHEW PARLOW EXEC VP AND CHIEF ADVANCEMENT 40.00 0.00 X 835398 0 148597 NORMA BOUCHARD EVP PROVOST (THRU 3/13/25) 40.00 0.00 X 718447 0 156648 BRIAN THOMASON INTERIM EXEC VP & COO 40.00 0.00 X 397809 0 45805 GLENN PFEIFFER INTERIM PROVOST (3/1-5/31/25) 40.00 0.00 X 394497 0 58340 BRENDA RUSHFORTH VP & CHIEF HR OFFICER 40.00 0.00 X 408669 0 46312 COLLETTE CREPPELL VP CAMPUS PLANNING & DESIGN 40.00 0.00 X 392611 0 25340 HELEN NORRIS VICE PRESIDENT & CIO 40.00 0.00 X 425643 0 62592 JANNA BERSI SR.VP, INVESTMENTS & ADMIN 40.00 0.00 X 640036 0 47674 JERRY PRICE SVP STDNT AFFAIRS/DEAN OF STDNT 40.00 0.00 X 370056 0 101289 MICHAEL PELLY VP OFFICE OF ENROLLMENT MGMT 40.00 0.00 X 388306 0 37662 ANDREW JORDAN FACULTY 40.00 0.00 X 652860 0 56372 HENRIK CRONQVIST FACULTY 40.00 0.00 X 498606 0 41696 VERNON SMITH FACULTY - NOBEL LAUREATE 40.00 0.00 X 588418 0 57224 YAKIR AHARONOV FACULTY 40.00 0.00 X 509456 0 38698 JANINE DUMONTELLE VP, GENERAL COUNSEL 40.00 0.00 X 473071 0 61115 9997006 0 1640277 709 0 1 0 DEL AMO CONSTRUCTION LLC 23840 MADISON STREET TORRANCE CA 90505 CONSTRUCTION 9964196 CULTURAL EXPERIENCES ABROAD LLC OSBORN RD SUITE 200 PHOENIX AZ 85014 STUDY ABROAD PROGS 1496618 CARNEGIE DARTLET LLC 210 LITTLETON ROAD SUITE 100 WESTFORD MA 01886 PROFESSIONAL SRVCS 1387163 BRIAN DEIONGH 432 EAST EVERETT PLACE ORANGE CA 92867 CONSTRUCTION 913645 EHRLICH YANAI RHEE CHANEY ARCHITECTS LLP 10865 WASHINGTON BLVD CULVER CITY CA 90232 CONSTRUCTION 710741 38 389240 16418856 36132478 4343148 52940574 TUITION AND FEES 611710 580348365 580348365 OTHER FEES AND SERVICE 611710 66225484 66225484 646573849 21078789 -783665 21862454 4046839 4245680 -198841 -198841 -198841 160376147 142291589 18084558 18084558 832194 17252364 185714 389240 186873 -1159 -1159 GAIN ON DEBT RETIREMEN 900099 8100689 8100689 PERFORMANCE GRANTS 900099 6092254 6092254 EXTERNAL SCHOLARSHIPS 900099 3095387 3095387 1999874 373611 1626263 19288204 757765974 646573849 422140 57829411 3508565 3508565 212220865 212220865 574933 574933 7427892 2073253 4032946 1321693 216384281 182079781 25501557 8802943 13173365 11084924 1552522 535919 37857584 31855829 4461633 1540122 15152638 12750413 1785785 616440 1671392 1406418 196979 67995 471516 396764 55570 19182 6605368 5558185 778463 268720 12840842 10805118 1513333 522391 3891435 3274506 458618 158311 10065701 8469934 1186274 409493 12633644 10630768 1488914 513962 36814659 30978244 4338721 1497694 5737354 4827782 676165 233407 4647972 3911105 547778 189089 13917843 11711377 1640260 566206 46697823 39294580 5503483 1899760 7145033 6012295 842064 290674 STUDY ABROAD EXPENSES 9856913 8294246 1161668 400999 FOOD SERVICES EXPENSES 6006141 5053957 707842 244342 BOOKS AND PERIODICALS 3541651 2980175 417395 144081 VEHICLE MAINTENANCE 495556 416993 58403 20160 398997 335742 47023 16232 689739963 610506752 58953396 20279815 51381 44382 148275898 144351927 60991727 59052254 9539584 9302955 103449295 108279897 632284 864531 8816579 9600049 1642643766 523473519 1131631944 1119170247 192677104 215587307 617873076 700717703 5301693 6615616 2279240565 2373586868 54946468 55263698 22889948 22241396 281947404 261339253 175000000 175000000 10001759 11978138 544785579 525822485 X 1300857820 1371938444 433597166 475825939 1734454986 1847764383 2279240565 2373586868 X 68026011 44394698 888688 X 0 1 X 1 1 1 X 78277371 44045778 56695460 49146420 52940574 281105603 78277371 44045778 56695460 49146420 52940574 281105603 17339213 263766390 6907193 10274321 17487202 25673615 25125628 85467959 8541144 10026512 10683809 11119740 19473918 59845123 426418685 2989978970 0.61860 0.60380 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING EVENTS - 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 276,468. 2022 AMOUNT: $ 376,038. 2023 AMOUNT: $ 217,850. 2024 AMOUNT: $ 185,714. MISCELLANEOUS REVENUE - 2020 AMOUNT: $ 8,541,144. 2021 AMOUNT: $ 9,750,044. 2022 AMOUNT: $ 10,307,771. 2023 AMOUNT: $ 10,901,890. 2024 AMOUNT: $ 19,288,204. SCHEDULE A, PART II CHAPMAN UNIVERSITY IS A SCHOOL DESCRIBED IN SECTION 170(B)(1)(A)(II). HOWEVER, IT IS COMPLETING PART II TO DEMONSTRATE THAT IT QUALIFIES FOR THE SPECIAL RULES PROVISION ON SCHEDULE B AND MEETS THE 33 1/3% SUPPORT TEST OF THE REGULATIONS UNDER SECTIONS 509(A)(1) ON 170(B)(1)(A)(VI). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 602487 15957295 X X X 0 0 804636989 50833242 73870060 9766899 5846951 3915910 909810531 668428004 51966057 101549730 8745920 4958211 3602671 804636989 608096890 65894250 9886790 7671793 4561402 3216731 668428004 564411092 44024000 13475143 6611316 4195684 3006345 608096890 412063654 19581209 141504920 1049987 6151914 1536790 564411092 0.58673 0.41327 0 0 301963017 301963017 1050667996 318498797 732169199 912925 880419 32506 285479083 204094303 81384780 3620745 3620745 1119170247 MEZZANINE DEBT FUNDS 6700 F REAL ASSET FUNDS 6996726 F FIXED INCOME AND MUTUAL FUNDS 41360064 F EMERGING MARKET EQUITIES 57934294 F VENTURE CAPITAL 76392881 F GLOBAL EQUITIES 190571122 F PRIVATE EQUITY 168710694 F HEDGE FUNDS 158745222 F 700717703 OTHER LIABILITIES 10785163 ANNUITIES PAYABLE 1192975 11978138 590888351 44394698 4432553 48827251 542061100 3916150 211788724 215704874 757765974 477578954 4432553 4432553 473146401 3916150 212677412 216593562 689739963 PART III, LINE 4: SPECIAL COLLECTIONS CONTAIN MATERIALS OF ENDURING VALUE FOR THEIR INTELLECTUAL CONTENT AS WELL AS FOR THEIR HISTORICAL IMPORTANCE. SPECIAL COLLECTIONS IN THE LEATHERBY LIBRARIES SERVE AS THE REPOSITORY FOR COLLECTIONS OF PAPERS, MANUSCRIPTS, RARE BOOKS, ART WORK, PERIODICALS, PHOTOGRAPHS, MEDIA, EPHEMERA AND REALIA. PART V, LINE 4: ENDOWED GIFTS ARE MEANT TO EXIST IN PERPETUITY. EACH YEAR, A PORTION OF THE FUND'S EARNINGS IS MADE AVAILABLE TO SUPPORT STUDENT SCHOLARSHIPS, FACULTY CHAIRS, AND OTHER ENDOWED PROGRAMS THAT FURTHER THE UNIVERSITY'S STRATEGIC PRIORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED NET ON 990 4,245,680. FUNDRAISING EXPENSES REPORTED NET ON 990 186,873. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP PAYMENTS REPORTED GROSS ON 990 212,220,865. LOSS ON ASSET DISPOSAL 456,547. CHANGE IN VALUE OF SPLIT INTERESTS -888,688. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED NET ON 990 4,245,680. FUNDRAISING EXPENSES REPORTED NET ON 990 186,873. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP PAYMENTS REPORTED GROSS ON 990 212,220,865. LOSS ON ASSET DISPOSAL 456,547. 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY'S NON-DISCRIMINATORY POLICY ON THE WEBSITE, IN ADDITION TO THE PUBLICATION IS PROMINENT IN BOTH THE UNDERGRADUATE (P.18) AND GRADUATE (P.19) CATALOGS AND IS EXHIBITED ON ITS WEBSITE AT HTTP://WWW.CHAPMAN.EDU. SCHEDULE E, PART I, LINE 4 CHAPMAN UNIVERSITY MAINTAINS COPIES OF ALL MAJOR MATERIALS USED BY THE ORGANIZATION TO SOLICIT CONTRIBUTIONS. SCHEDULE E, PART I, LINE 6 CHAPMAN UNIVERSITY IS AWARDED GRANTS FROM GOVERNMENT AGENCIES, SUCH AS THE DEPARTMENT OF EDUCATION AND THE CALIFORNIA STUDENT AID COMMISSION, TO PROVIDE FINANCIAL AID TO STUDENTS. 1 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 INVESTMENTS 9629794 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 104558708 EAST ASIA AND THE PACIFIC 0 0 INVESTMENTS 792573 NORTH AMERICA 0 0 INVESTMENTS 4575832 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 GRANTMAKING 319290 NORTH AMERICA 0 0 GRANTMAKING 20000 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTMAKING 118683 SOUTH AMERICA 0 0 GRANTMAKING 116960 0 0 0 0 0 0 120131840 0 120131840 EUROPE (INCLUDING ICELAND AND GREENLAND) APPLIED RESEARCH 11650 WIRE 0 N/A N/A EUROPE (INCLUDING ICELAND AND GREENLAND) APPLIED RESEARCH 75239 WIRE 0 N/A N/A EUROPE (INCLUDING ICELAND AND GREENLAND) BASIC RESEARCH 170553 WIRE 0 N/A N/A EUROPE (INCLUDING ICELAND AND GREENLAND) BASIC RESEARCH 52148 WIRE 0 N/A N/A SOUTH AMERICA BASIC RESEARCH 116960 WIRE 0 N/A N/A MIDDLE EAST AND NORTH AFRICA BASIC RESEARCH 118683 WIRE 0 N/A N/A EUROPE (INCLUDING ICELAND AND GREENLAND) OTHER-INTERNATIONAL 9700 WIRE 0 N/A N/A NORTH AMERICA OTHER-INTERNATIONAL 20000 WIRE 0 N/A N/A 0 8 1 0 0 1 1 1 PART I, LINE 3: THE EXPENDITURES REPORTED IN COLUMN (F) ARE REPORTED ON THE ACCRUAL BASIS OF ACCOUNTING. INVESTMENTS ARE REPORTED AT THE FAIR MARKET VALUE ON THE LAST DAY OF THE REPORTING YEAR. FORM 990, SCHEDULE F, PART IV, LINE 6 OPERATIONS RELATED TO ANY BOYCOTTING COUNTRIES THE UNIVERSITY FILES FORM 5713 TO REPORT EDUCATIONAL SERVICES PROVIDED WITHIN THE U.S. TO FOREIGN NATIONALS FROM COUNTRIES THAT ARE CONTAINED ON THE U.S. TREASURY BOYCOTT LISTING UNDER SECTION 999(A)(3). ECONOMIC FORECAST 149540 90967 58573 9769 25319 18205 CHRISTMAS AT RITZ 383764 266015 117749 12275 54112 8000 36118 1 41650 32258 9392 3530 13582 5963 574954 389240 185714 25574 93013 8000 60286 186873 -1159 1 UNIVERSITY OF WYOMING 1000 E UNIVERSITY AVENUE LARAMIE WY 82071 836000331 STATE OF WY 20658 0 N/A N/A BASIC RESEARCH WASHINGTON STATE UNIVERSITY 240 FRENCH ADMINISTRATION BUILDING PO BOX 641025 PULLMAN WA 99164 916001108 STATE OF WA 6663 0 N/A N/A APPLIED RESEARCH REGENTS OF THE UNIVERSITY OF CALIFORNIA UC IRVINE IRVINE CA 92697 952226406 STATE OF CA 379701 0 N/A N/A BASIC AND APPLIED RESEARCH CALIFORNIA STATE UNIVERSITY CALIFORNIA STATE UNIVERSITY SAN MARCOS SAN MARCOS CA 92096 330397688 STATE OF CA 27195 0 N/A N/A BASIC RESEARCH UNIVERSITY OF NORTH TEXAS 1155 UNION CIRCLE 311250 DENTON TX 762035017 756002149 STATE OF TX 11508 0 N/A N/A BASIC RESEARCH CLAREMONT GRADUATE UNIVERSITY 150 E 10TH ST CLAREMONT CA 91711 951664100 501 (C)(3) 70446 0 N/A N/A BASIC RESEARCH LOYOLA MARYMOUNT UNIVERSITY 1 LMU DRIVE LOS ANGELES CA 90045 951643334 501 (C)(3) 72989 0 N/A N/A BASIC RESEARCH SAINT MARYS COLLEGE OF CALIFORNIA 1928 ST MARYS RD MOROGA CA 94575 941156599 501 (C)(3) 115443 0 N/A N/A BASIC RESEARCH UNIVERSITY OF REDLANDS 1200 E COLTON AVE REDLANDS CA 92374 951643389 501 (C)(3) 89667 0 N/A N/A BASIC RESEARCH UNIVERSITY OF SAN FRANCISCO 2130 FULTON STREET SAN FRANCISCO CA 941171080 941156628 501 (C)(3) 70391 0 N/A N/A BASIC RESEARCH UNIVERSITY OF ILLINOIS 1901 SOUTH FIRST STREET SUITE A CHAMPAIGN IL 61820 376000511 STATE OF IL 341315 0 N/A N/A BASIC RESEARCH ARIZONA STATE UNIVERSITY PO BOX 876011 TEMPE AZ 85287 860196696 STATE OF AZ 712019 0 N/A N/A BASIC RESEARCH MEMORIAL HEALTH SERVICES 17360 BROOKHURST STREET FOUNTAIN VALLEY CA 92708 951643381 501 (C)(3) 144005 0 N/A N/A BASIC RESEARCH SAINT LUKE'S HOSPITAL OF KANSAS CITY 4401 WORNALL ROAD KANSAS CITY MO 641113220 440545297 501 (C)(3) 56443 0 N/A N/A BASIC RESEARCH REGENTS OF THE UNIVERSITY OF CALIFORNIA UC SANTA BARBARA SANTA BARBARA CA 93106 956006145 STATE OF CA 430277 0 N/A N/A BASIC RESEARCH UNIVERSITY OF SOUTHERN CALIFORNIA UNIVERSITY PARK CAMPUS LOS ANGELES CA 90089 951642394 501 (C)(3) 618214 0 N/A N/A BASIC RESEARCH UNIVERSITY OF ARIZONA 2700 N CENTRAL AVE SUITE 400 PHOENIX AZ 85004 742652689 STATE OF AZ 40534 0 N/A N/A BASIC RESEARCH UNIVERSITY OF ARKANSAS LITTLE ROCK CAMPUS LITTLE ROCK AR 72204 716002352 STATE OF AR 12290 0 N/A N/A BASIC RESEARCH NORTH CAROLINA STATE UNIVERSITY 2711 SULLIVAN DRIVE RALEIGH NC 27695 320289075 STATE OF NC 12785 0 N/A N/A BASIC RESEARCH FLORIDA INTERNATIONAL UNIVERSITY 11200 SW 8TH STREET MIAMI FL 33199 650177616 STATE OF FL 29566 0 N/A N/A BASIC RESEARCH INSTITUTE FOR LEARNING INNOVATION 5637 N GREELEY AVE PORTLAND OR 97217 464453337 501 (C)(3) 29621 0 N/A N/A BASIC RESEARCH CALIFORNIA STATE UNIVERSITY CALSTATE LONG BEACH LONG BEACH CA 90840 452163910 STATE OF CA 23104 0 N/A N/A BASIC RESEARCH UNIVERSITY OF ARKANSAS FAYETTEVILLE CAMPUS FAYETTEVILLE AR 72701 716003252 STATE OF AR 9915 0 N/A N/A BASIC RESEARCH NORTHWESTERN UNIVERSITY 633 CLARK ST EVANSTON IL 60208 362167817 501 (C)(3) 20479 0 N/A N/A BASIC RESEARCH UNIVERSITY OF ROCHESTER UNIVERSITY OF ROCHESTER ROCHESTER NY 14627 160743209 501 (C)(3) 17238 0 N/A N/A BASIC RESEARCH COLORADO STATE UNIVERSITY 6024 CAMPUS DELIVERY FORT COLLINS CO 80523 846000545 STATE OF CO 57881 0 N/A N/A BASIC RESEARCH NORTHEASTERN UNIVERSITY 360 HUNTINGTON AVENUE BOSTON MA 02115 041679980 501 (C)(3) 27370 0 N/A N/A BASIC RESEARCH REGENTS OF THE UNIVERSITY OF CALIFORNIA UC SAN DIEGO LA JOLLA CA 92093 956006144 STATE OF CA 48036 0 N/A N/A BASIC RESEARCH 28 0 UNDERGRADUATE SCHOLARSHIPS 6518 190514608 N/A N/A GRADUATE SCHOLARSHIPS 1189 21706257 N/A N/A PART I, LINE 2: GRANTS AND OTHER ASSISTANCE REPRESENT STUDENT FINANCIAL AID. WHEN AWARDING AID, CHAPMAN UNIVERSITY FOLLOWS ALL LAWS AND REGULATIONS OF FEDERAL AND STATE OF CALIFORNIA AID PROGRAMS. FOR MORE INFORMATION, VISIT OUR WEBSITE AT WWW.CHAPMAN.EDU. AS PART OF ITS ONGOING COMPLIANCE WORK AND IN ACCORDANCE WITH FEDERAL GRANT GUIDELINES, THE UNIVERSITY MONITORS ITS GRANTS TO ORGANIZATIONS TO ENSURE COMPLIANCE AND USE CONSISTENT WITH THE AWARD ON A REGULAR BASIS. X X X X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 DANIELE STRUPPA PRESIDENT/EX-OFFICIO TRUSTEE 852600 0 440000 0 16330 0 231050 0 357678 0 1897658 0 0 0 HAROLD HEWITT JR EXEC VP & COO (THRU 4/23/25) 665852 0 300000 0 28341 0 31050 0 35135 0 1060378 0 0 0 MATTHEW PARLOW EXEC VP AND CHIEF ADVANCEMENT 513082 0 300000 0 22316 0 106050 0 42547 0 983995 0 0 0 NORMA BOUCHARD EVP PROVOST (THRU 3/13/25) 550615 0 150000 0 17832 0 131050 0 25598 0 875095 0 0 0 ANDREW JORDAN FACULTY 399851 0 0 0 253009 0 13801 0 42571 0 709232 0 0 0 JANNA BERSI SR.VP, INVESTMENTS & ADMIN 537375 0 100000 0 2661 0 31050 0 16624 0 687710 0 0 0 VERNON SMITH FACULTY - NOBEL LAUREATE 519821 0 0 0 68597 0 27676 0 29548 0 645642 0 0 0 YAKIR AHARONOV FACULTY 461332 0 0 0 48124 0 0 0 38698 0 548154 0 0 0 HENRIK CRONQVIST FACULTY 496165 0 0 0 2441 0 25072 0 16624 0 540302 0 0 0 JANINE DUMONTELLE VP, GENERAL COUNSEL 361833 0 100000 0 11238 0 31050 0 30065 0 534186 0 0 0 HELEN NORRIS VICE PRESIDENT & CIO 384358 0 35000 0 6285 0 61050 0 1542 0 488235 0 0 0 JERRY PRICE SVP STDNT AFFAIRS/DEAN OF STDNT 295268 0 70000 0 4788 0 25981 0 75308 0 471345 0 0 0 BRENDA RUSHFORTH VP & CHIEF HR OFFICER 353084 0 50000 0 5585 0 31050 0 15262 0 454981 0 0 0 GLENN PFEIFFER INTERIM PROVOST (3/1-5/31/25) 382572 0 0 0 11925 0 31050 0 27290 0 452837 0 0 0 BRIAN THOMASON INTERIM EXEC VP & COO 321345 0 75000 0 1464 0 29371 0 16434 0 443614 0 0 0 MICHAEL PELLY VP OFFICE OF ENROLLMENT MGMT 314621 0 60000 0 13685 0 28361 0 9301 0 425968 0 0 0 COLLETTE CREPPELL VP CAMPUS PLANNING & DESIGN 312627 0 75000 0 4984 0 23915 0 1425 0 417951 0 0 0 PART I, LINE 1A FIRST-CLASS OR CHARTER TRAVEL SCHEDULE J, PART I, LINE 1A ALL CHAPMAN UNIVERSITY OFFICERS ARE ENTITLED TO TRAVEL BUSINESS CLASS ON FLIGHTS OVER 4 HOURS. IN THE EVENT THAT BUSINESS CLASS IS NOT AVAILABLE, OFFICERS ARE ENTITLED TO TRAVEL FIRST CLASS. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS SCHEDULE J, PART I, LINE 1 A TAX GROSS-UP WAS PROVIDED FOR THE VALUE OF AN AUTO LEASE FOR THE EXEC VP & COO. TRAVEL FOR COMPANIONS SCHEDULE J, PART I, LINE 1A THE UNIVERSITY PROVIDED COMPANION TRAVEL BENEFITS TO TWO LISTED OFFICERS. COMPANION TRAVEL WAS TREATED AS A NON-TAXABLE BENEFIT FOR THE LISTED PERSON'S OFFICER'S, AS THE SPOUSE WHO WAS ALSO AN EMPLOYEE OF THE UNIVERSITY HAD A BONA FIDE BUSINESS PURPOSE. THE BENEFIT VALUE PROVIDED TO THE SPOUSE IS REPORTED ON SCHEDULE L, PART IV. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE SCHEDULE J, PART I, LINE 1A THE CHAPMAN UNIVERSITY PRESIDENT (AND FAMILY) ARE REQUIRED TO LIVE IN A UNIVERSITY HOUSE, OWNED BY THE UNIVERSITY, AS A CONDITION OF BEING EMPLOYED AS THE PRESIDENT. THIS SPECIFIC HOUSE WAS DONATED TO CHAPMAN UNIVERSITY SPECIFICALLY FOR THE PURPOSE OF BEING THE "PRESIDENT'S RESIDENCE". THE ANNUAL RENTAL VALUE OF THE HOUSING BENEFIT WAS $334,752 AND IS TREATED AS A NONTAXABLE BENEFIT TO THE PRESIDENT AND REPORTED ON THE FORM 990, SCHEDULE J. AS PART OF THE RENTAL AGREEMENT, IT IS STANDARD PRACTICE TO INCLUDE UTILITIES, REGULAR MAINTENANCE (INSIDE AND OUTSIDE THE HOUSE), AND PROFESSIONAL CLEANING SERVICES OF ALL AREAS OF THE RESIDENCE OF THE HOME. THE BUSINESS REASON FOR SUCH A DETAILED MAINTENANCE (INSIDE AND OUTSIDE) OF THE PROPERTY IS DUE TO THE PRESIDENT HOSTING MULTIPLE EVENTS EACH MONTH AT THIS FACILITY; ATTENDEES ARE PROVIDED A GUIDED TOUR OF ALL ROOMS INCLUDING ROOMS OCCUPIED BY THE PRESIDENT'S FAMILY AND EXTERIOR GROUNDS. IN ADDITION, THESE SERVICES ENSURE THE ONGOING MAINTENANCE OF THE PROPERTY, AS DESIRED BY THE PROPERTY OWNER (CHAPMAN UNIVERSITY). BECAUSE THESE SERVICES ARE PROVIDED PRIMARILY FOR BUSINESS REASONS, WE DO NOT CHECK THE BOX FOR "PERSONAL SERVICES". AN ANNUAL HOUSING ALLOWANCE OF $180,000 WAS PROVIDED TO ANDREW JORDAN. THIS TAXABLE BENEFIT IS REPORTED IN PART II, COLUMN B (III). AN ANNUAL HOUSING ALLOWANCE OF $30,000 WAS PROVIDED TO YAKIR AHARONOV. THIS TAXABLE BENEFIT IS REPORTED IN PART II, COLUMN (B)(III). UNIVERSITY HOUSING WAS PROVIDED TO JERRY PRICE VALUED AT $45,444 ANNUALLY. THIS HOUSING IS PROVIDED AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE UNIVERSITY. THIS NON-TAXABLE BENEFIT IS REPORTED IN PART II, COLUMN (D). HEALTH OR SOCIAL CLUB DUES OR INTITIATION FEES SCHEDULE J, PART I, LINE 1A CERTAIN EMPLOYEES HAVE ACCESS TO SOCIAL CLUB MEMBERSHIPS FOR THE BUSINESS PURPOSE OF CULTIVATING DONOR/TRUSTEE RELATIONSHIPS. FOR THIS FISCAL YEAR, SOCIAL CLUB DUES WERE PAID FOR: DANIELLE STRUPPA - $21,490 MATTHEW PARLOW - $8,775 THESE WERE DETERMINED TO BE NON-TAXABLE BENEFITS SINCE THEY HAD A BONA FIDE BUSINESS PURPOSE. THE VALUE OF THESE BENEFITS IS INCLUDED IN COLUMN (D) FOR THE INDIVIDUAL. SCHEDULE J, PART I, LINE 4B DANIELE STRUPPA HAS A RETENTION BONUS AGREEMENT, DATED SEPTEMBER 1, 2022, WHICH IS INTENDED TO BE AN UNFUNDED INELIGIBLE DEFERRED COMPENSATION AGREEMENT SUBJECT TO IRC SECTIONS 409(A) AND 457(F) AND OTHER APPLICABLE LAW. SPECIFIC PERFORMANCE TARGETS, AT SPECIFIED DATE, EACH MUST BE MET; AND HE MUST BE ACTIVELY EMPLOYED THROUGH AUGUST 31, 2025 OR SEPARATED FROM SERVICE BY REASON OF TOTAL DISABILITY OR DEATH, IN ORDER TO RECEIVE THE BENEFITS. ANNUAL AMOUNTS EARNED ARE REPORTED IN PART II, COLUMN (C). HELEN NORRIS HAS A RETENTION BONUS AGREEMENT, DATED SEPTEMBER 1, 2022, WHICH IS INTENDED TO BE AN UNFUNDED INELIGIBLE DEFERRED COMPENSATION AGREEMENT SUBJECT TO IRC SECTIONS 409(A) AND 457(F) AND OTHER APPLICABLE LAW. SPECIFIC PERFORMANCE TARGETS, AT SPECIFIED DATE, EACH MUST BE MET; AND SHE MUST BE ACTIVELY EMPLOYED THROUGH AUGUST 31, 2025 OR SEPARATED FROM SERVICE BY REASON OF TOTAL DISABILITY OR DEATH, IN ORDER TO RECEIVE THE BENEFITS. AMOUNTS EARNED ARE REPORTED IN PART II, COLUMN (C). MATTHEW PARLOW HAS A RETENTION BONUS AGREEMENT, DATED SEPTEMBER 1, 2022, WHICH IS INTENDED TO BE AN UNFUNDED INELIGIBLE DEFERRED COMPENSATION AGREEMENT SUBJECT TO IRC SECTIONS 409(A) AND 457(F) AND OTHER APPLICABLE LAW. SPECIFIC PERFORMANCE TARGETS, AT SPECIFIED DATE, EACH MUST BE MET; AND HE MUST BE ACTIVELY EMPLOYED THROUGH AUGUST 31, 2025 OR SEPARATED FROM SERVICE BY REASON OF TOTAL DISABILITY OR DEATH, IN ORDER TO RECEIVE THE BENEFITS. AMOUNTS EARNED ARE REPORTED IN PART II, COLUMN (C). A CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 130179TL8 2021-04-01 64997271 REFUNDING 2011 BONDS 0 0 0 B CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 130179KL7 2017-11-16 40323903 FINANCE VILLA PARK ORCHARDS 0 0 0 C CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 130179XA7 2025-02-19 95254143 REFUNDING 2015 BONDS 0 0 0 A 18155000 64997272 599374 64397898 2021 1 0 1 1 B 41002238 313278 40688960 2021 0 0 1 1 C 95717037 826391 94881611 9035 2025 1 0 1 1 A 0 1 1 1 1 1 0.02500 0.00000 0.02500 0 0 1 B 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 C 0 1 1 1 1 1 0.01100 0.00000 0.01100 0 0 1 A 0 1 1 0 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 1 1 0 0 0 0 0 1 A 1 B 1 C 1 SCHEDULE K, PART I(F), ROW A BONDS WERE ISSUED TO REFUND THE 2011 BONDS ISSUED ON OCTOBER 3, 2011 AND PAY COSTS OF ISSUANCE. SCHEDULE K, PART I(F), ROW B BONDS WERE ISSUED TO FINANCE THE CONSTRUCTION OF VILLA PARK ORCHARDS AND PAY COSTS OF ISSUANCE. SCHEDULE K, PART I(F), ROW C BONDS WERE ISSUED TO REFUND THE 2015 BONDS ISSUED ON JULY 21, 2015 AND PAY COSTS OF ISSUANCE. SCHEDULE K, PART II, LINE 3, COLUMNS A, B & C THE DIFFERENCE BETWEEN PART I(E) AND PART II, LINE 3 IS DUE TO INTEREST EARNINGS ON BOND PROCEEDS. SCHEDULE K, PART III, LINE 7, COLUMNS A, B & C AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY TEST WITH RESPECT TO THE BONDS BECAUSE THE AMOUNT OF PRIVATE BUSINESS AND/OR UNRELATED OR BUSINESS USE MEASURED OVER THE LIFE OF THE BOND IS NOT EXPECTED TO BE IN EXCESS OF THE AMOUNT PERMITTED UNDER SECTION 145 OF THE CODE. SCHEDULE K, PART IV, LINE 2(B), COLUMNS A & C THE BONDS MET THE 6-MONTH SPENDING EXCEPTION TO REBATE. SCHEDULE K, PART IV, LINE 2(C), COLUMN B THE MOST RECENT REBATE REPORT, DATED FEBRUARY 4, 2021, WAS PERFORMED AS THE 3RD ANNIVERSARY OF THE BONDS, SHOWING A NEGATIVE REBATE LIABILITY AND ALL PROCEEDS EXPENDED. THUS, NO REBATE CAN BECOME DUE NOR WILL EVER BECOME DUE ON THE BONDS. MARY ELIZABETH SPARKS SPOUSE OF PRESIDENT 367654 SALARY AND BENEFITS 0 JANINE KIM SPOUSE OF OFFICER 188395 SALARY AND BENEFITS 0 SARA PELLY SPOUSE OF KEY EMPLOYEE 12298 SALARY AND BENEFITS 0 FORM 990, SCHEDULE L, PART IV OFFICERS OF THE UNIVERSITY THAT MAY HAVE A CONFLICT OF INTEREST REGARDING THE COMPENSATION PACKAGES FOR FAMILY MEMBERS DO NOT PARTICIPATE IN THE DETERMINATION OF THE COMPENSATION PAID TO THOSE FAMILY MEMBERS. X 10 641237 APPRAISAL X 12511 RETAIL VALUE X 380000 APPRAISAL X 47 3273216 AVG VAL DONATED DATE X ELECTRONICS 4 25734 RETAIL VALUE X MUSICAL INSTRUMENT 1 9000 RETAIL VALUE X CRATE LABELS 1 1450 RETAIL VALUE 4 0 1 1 PART I, LINE 32B: THE UNIVERSITY UTILIZES THIRD PARTIES AS NECESSARY TO ASSIST WITH THE SALE OF NONCASH CONTRIBUTIONS. FORM 990, SCHEDULE M, PART I, COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. EACH CONTRIBUTION MAY INCLUDE MORE THAN ONE DONATED ITEM. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED WITH AN OUTSIDE ACCOUNTING FIRM AND REVIEWED BY THE AUDIT COMMITTEE. SUBSEQUENT TO ITS REVIEW, THE AUDIT COMMITTEE REPORTS BACK TO THE BOARD OF TRUSTEES REGARDING ITS OVERSIGHT OF THE FORM 990 AND THE FINAL FORM IS PROVIDED TO THE ENTIRE VOTING BOARD BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY COMPLIANCE OFFICER IS CHARGED WITH MONITORING PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND ADDRESSING ANY POTENTIAL OR ACTUAL CONFLICTS. PURSUANT TO THE CONFLICTS OF INTEREST POLICY, AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE, AIMED AT DETERMINING ANY FAMILY AND BUSINESS RELATIONSHIPS AND TRANSACTIONS OR OTHER TRANSACTIONS THAT MAY POSE A POTENTIAL CONFLICT, IS DISTRIBUTED TO ALL COVERED PERSONS (I.E., BOARD MEMBERS, OFFICERS AND EXECUTIVE LEADERSHIP OR KEY EMPLOYEES). COVERED PERSONS ARE REQUIRED TO DISCLOSE REAL OR POTENTIAL CONFLICTS AT THE TIME WHEN SUCH CONFLICTS ARISE. WHEN SOMEONE BECOMES A COVERED PERSON AND ANNUALLY THEREAFTER, EACH COVERED PERSON IS REQUIRED TO SIGN A STATEMENT AFFIRMING THAT HE/SHE: (1) HAS RECEIVED A COPY OF THE CONFLICTS OR INTEREST POLICY; (2) HAS READ THE POLICY AND UNDERSTANDS THE POLICY; AND (3) AGREES TO COMPLY WITH ALL REQUIREMENTS OF THE POLICY, INCLUDING COMPLETING THE CONFLICTS OF INTEREST QUESTIONNAIRE. THE COMPLETED QUESTIONNAIRES ARE REVIEWED BY THE UNIVERSITY COMPLIANCE OFFICER AND THE RESULTS ARE REPORTED TO THE FULL BOARD OF TRUSTEES AS DEFINED BY THE UNIVERSITY'S BYLAWS. FURTHERMORE, THE TRUSTEE OR KEY EMPLOYEE SHALL ABSENT HIMSELF OR HERSELF FROM DISCUSSIONS OF, AND ABSTAIN FROM VOTING ON, SUCH MATTERS UNDER CONSIDERATION BY THE BOARD OF TRUSTEES OR ITS COMMITTEES. THE MINUTES OF SUCH MEETINGS SHALL REFLECT THAT DISCLOSURE WAS MADE AND THAT THE TRUSTEE OR KEY EMPLOYEE WHO HAS A CONFLICT OR POSSIBLE CONFLICT ABSTAINED FROM DISCUSSING OR VOTING ON THE MATTER. ANY TRUSTEE OR KEY EMPLOYEE WHO IS UNCERTAIN WHETHER A CONFLICT OF INTEREST MAY EXIST IN ANY MATTER MAY REQUEST THAT THE BOARD OR COMMITTEE RESOLVE THE QUESTION IN HIS OR HER ABSENCE BY MAJORITY VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD APPOINTS AN EXECUTIVE COMPENSATION COMMITTEE, COMPRISED SOLELY OF INDEPENDENT DIRECTORS, NONE OF WHICH HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT, TO BE ACCOUNTABLE FOR SETTING REASONABLE COMPENSATION PACKAGES FOR THE PRESIDENT AND SENIOR VICE PRESIDENTS. KEY DELIBERATIONS OF THE COMMITTEE ARE CONTEMPORANEOUSLY DOCUMENTED AND APPROVED AT THE NEXT COMMITTEE MEETING. THE COMMITTEE HIRED AN EXTERNAL CONSULTING FIRM, A RECOGNIZED LEADER IN EXECUTIVE COMPENSATION, TO ANNUALLY EVALUATE AND RECOMMEND A REASONABLE TOTAL COMPENSATION ARRANGEMENT FOR THE PRESIDENT, SENIOR EXECUTIVES, AND OTHERS LIKELY TO BE DETERMINED DISQUALIFIED PERSONS. THE FIRM CONDUCTS INDEPENDENT MARKET ANALYSIS FOR COMPARABILITY REVIEW AND ISSUES REASONABLENESS OPINIONS FOR A COMPETITIVE EXECUTIVE COMPENSATION PROGRAM TO THE COMMITTEE. THE COMMITTEE'S CHAIR PRESENTS RECOMMENDATIONS FOR EXECUTIVE COMPENSATION ADJUSTMENTS AT ITS ANNUAL AUGUST MEETING. THE ENTIRE COMMITTEE CONSIDERS INDIVIDUAL SKILLS, EXPERIENCE, AND CONTRIBUTIONS TO THE UNIVERSITY AND DELIBERATES ON THE RECOMMENDATIONS. THE COMMITTEE MEETS IN AUGUST, AFTER HAVING REVIEWED THE INDEPENDENT MARKET ANALYSIS PROVIDED BY THE CONSULTING FIRM, TO DISCUSS THE ANALYSIS AND RECOMMENDATIONS TO APPROVE THE EXECUTIVE COMPENSATION FOR THE FOLLOWING ACADEMIC YEAR. THE PROCESS FOR DETERMINING COMPENSATION PACKAGES FOR OTHER OFFICERS AND KEY EMPLOYEES ARE APPROVED BY THE PRESIDENT IN CONSULTATION WITH A QUALIFIED INDEPENDENT COMPENSATION SPECIALIST WHO REVIEWS, ANALYZES, AND PROVIDES BENCHMARKING DATA FOR THEIR TOTAL COMPENSATION ON AN ANNUAL BASIS. KEY DETERMINATIONS ARE CONTEMPORANEOUSLY DOCUMENTED IN EMPLOYEE'S HUMAN RESOURCES FILE. FORM 990, PART VI, SECTION C, LINE 19 WHILE FEDERAL TAX LAWS DO NOT MANDATE THAT THE UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS BE MADE AVAILABLE FOR PUBLIC INSPECTION, THE UNIVERSITY MAKES IT FINANCIAL STATEMENTS AVAILABLE ON THE UNIVERSITY'S WEBSITE AND UPON REQUEST. FORM 990, PART XI, LINE 9: ANNUITY ADJUSTMENT 888,688. CHAPMAN UNIVERSITY CHARITABLE GIVING LLC ONE UNIVERSITY DRIVE ORANGE CA 92866 330918653 FUNDRAISING CA 1403 78909 CHAPMAN UNIV CHAPMAN BOND GUARANTOR LLC ONE UNIVERSITY DRIVE ORANGE CA 92866 851381204 LENDING CA 0 32000000 CHAPMAN UNIV CHAPMAN UNIVERSITY FOUNDATION ONE UNIVERSITY DRIVE ORANGE CA 92866 300563618 SUPPORTING CA 501(C)(3) 11A CHAPMAN UNIV 1 CHAPMAN UNIVERSITY ENTERPRISE INC ONE UNIVERSITY DRIVE ORANGE CA 92866 371668103 FILM PRODUCTION DE CHAPMAN UNIV C 154286 1.00000 1 POOLED REMAINDER UNITRUST (14) TRUST CA CHAPMAN UNIV T 0 POOLED INCOME FUND (1) TRUST CA CHAPMAN UNIV T 0 CHARITABLE GIFT ANNUITIES (21) TRUST CA CHAPMAN UNIV T 0 0 0 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 CHAPMAN BOND GUARANTOR LLC E 32000000 LOAN BALANCE