2026-06-17T09:53:41-05:00 2025-08-31 331498605 PLANTE & MORAN PLLC 250 S HIGH ST SUITE 100 COLUMBUS OH 43215 990 2024-09-01 986001269 LEBANESE AMERICAN UNIVERSITY LEBA 2128702592 211 E 46TH STREET NEW YORK NY 100172935 MS RASHA FADDA VP OF FINANCE 2122034333 2026-07-15 1 1 AMY TOPALOV P00796388 6148493000 2026-06-17 2024 2025-03-06 01:10:19Z DR CHAOUKI ABDALLAH 211 E 46TH STREET NEW YORK NY 100172935 302680478 0 X WWW.LAU.EDU.LB X 1950 NY LEBANESE AMERICAN UNIVERSITY IS COMMITTED TO ACADEMIC EXCELLENCE, STUDENT-CENTEREDNESS, CIVIC ENGAGEMENT, THE ADVANCEMENT OF SCHOLARSHIP, THE EDUCATION OF THE WHOLE PERSON, AND THE FORMATION OF LEADERS IN A DIVERSE WORLD. 34 34 155 34 1851673 0 23991871 22770689 187664575 206094973 50701714 55429340 -206718 394355 262151442 284689357 79022676 81518574 0 0 111144079 90944836 0 0 3289584 77775278 77531046 267942033 249994456 -5790591 34694901 1285614914 1329284312 72632141 68549488 1212982773 1260734824 LEBANESE AMERICAN UNIVERSITY IS COMMITTED TO ACADEMIC EXCELLENCE, STUDENT-CENTEREDNESS, CIVIC ENGAGEMENT, THE ADVANCEMENT OF SCHOLARSHIP, THE EDUCATION OF THE WHOLE PERSON, AND THE FORMATION OF LEADERS IN A DIVERSE WORLD. 0 0 182580503 81518574 202314360 PROVIDES HIGHER EDUCATION TO 7,809 UNDERGRADUATE STUDENTS, 1,000 GRADUATE STUDENTS, AND 275 DOCTORAL-PROFESSIONAL PRACTICE STUDENTS. 1600227 3572272 SERVICES PROVIDED TO STUDENTS AND FACULTY, INCLUDING DORMITORIES, CAFETERIA AND PARKING. 184180730 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 0 1 1 1 1 1 0 1 0 1 0 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 1 X 407 0 1 155 1 1 1 1 LE UK LU CJ 0 0 0 1 1 0 0 0 0 0 0 X 34 34 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 1 1 X RASHA FADDA 2122034333 211 E 46TH ST NEW YORK NY 100172935 MR PHILIP STOLTZFUS CHAIRMAN OF THE BOARD 1.00 0.00 X X 0 0 0 MR MIKE AHMAR VICE CHAIRMAN OF THE BOARD 1.00 0.00 X X 0 0 0 MR GEORGE DOUMET SECRETARY 1.00 0.00 X X 0 0 0 MR THOMAS ABRAHAM TRUSTEE 1.00 0.00 X 0 0 0 MRS ZEINA AKAR TRUSTEE 1.00 0.00 X 0 0 0 DR JOHNNY B AWWAD TRUSTEE 1.00 0.00 X 0 0 0 MR RAYMOND DEBBANE TRUSTEE 1.00 0.00 X 0 0 0 MR NIJAD FARES TRUSTEE 1.00 0.00 X 0 0 0 MRS EVA KOTITE FARHA TRUSTEE 1.00 0.00 X 0 0 0 MR TONY N FREM TRUSTEE 1.00 0.00 X 0 0 0 AMBASSADOR EDWARD M GABRIEL TRUSTEE 1.00 0.00 X 0 0 0 MS SARA GANIM TRUSTEE 1.00 0.00 X 0 0 0 MRS SIRINE ABU GHAZALEH TRUSTEE 1.00 0.00 X 0 0 0 MR ELIE HABIB TRUSTEE 1.00 0.00 X 0 0 0 MS YASMINA EUGENIA HADDAD TRUSTEE 1.00 0.00 X 0 0 0 DR ROBERT HARRINGTON TRUSTEE 1.00 0.00 X 0 0 0 MRS SALLAMA BU HAYDAR AL SAYEGH TRUSTEE 1.00 0.00 X 0 0 0 SHEIKH WALID KATIBAH TRUSTEE 1.00 0.00 X 0 0 0 DR MOISE KHAYRALLAH TRUSTEE 1.00 0.00 X 0 0 0 MRS MAY MAKHZOUMI TRUSTEE 1.00 0.00 X 0 0 0 MRS DARLA MOORE TRUSTEE 1.00 0.00 X 0 0 0 MR CHARLES MULLER TRUSTEE 1.00 0.00 X 0 0 0 MRS CHERILYN MURER TRUSTEE 1.00 0.00 X 0 0 0 DR FRANCOIS NADER TRUSTEE 1.00 0.00 X 0 0 0 MR FIRAS ABI NASSIF TRUSTEE 1.00 0.00 X 0 0 0 DRRIAD OBEJI TRUSTEE 1.00 0.00 X 0 0 0 MR GHASSAN M SAAB TRUSTEE 1.00 0.00 X 0 0 0 SHEIKHA INTISAR SALEM AL ALI AL SAB TRUSTEE 1.00 0.00 X 0 0 0 DR H JOHN SHAMMAS TRUSTEE 1.00 0.00 X 0 0 0 DR KAMAL SHEHADI TRUSTEE 1.00 0.00 X 0 0 0 MR PETER TANNOUS TRUSTEE 1.00 0.00 X 0 0 0 DR MOSTAFA TERRAB TRUSTEE 1.00 0.00 X 0 0 0 DR EDMOND D VILLANI TRUSTEE 1.00 0.00 X 0 0 0 REV CURTIS WHITE TRUSTEE 1.00 0.00 X 0 0 0 DR MICHEL ELIAS MAWAD PRESIDENT - PART YEAR 40.00 0.00 X 1380380 0 348130 DR CHAOUKI ABDALLAH PRESIDENT 40.00 0.00 X 301715 0 42468 DR GEORGE ELIAS NASR PROVOST 40.00 0.00 X 412980 0 812607 MR ROY FARAJALLAH MAJDALANI VICE PRESIDENT FOR ADMINISTRATION 40.00 0.00 X 440006 0 500878 MR CHARLES GEORGE ABOU RJEILY VICE PRESIDENT FOR FINANCE 40.00 0.00 X 508478 0 210936 DR ELISE SALEM VICE PRESIDENT, STUDENT DEVELOPMENT 40.00 0.00 X 357500 0 313700 DR TONY GEBRAN ZREIK VICE PRESIDENT FOR HEALTH AFFAIRS 40.00 0.00 X 326515 0 308554 DR ELIE ANTOINE BADR VICE PRESIDENT FOR BUSINESS DEVELOPMENT 40.00 0.00 X 326515 0 102854 DR RIMA ZAITOON VICE PRESIDENT FOR GLOBAL ADVANCEMENT 40.00 0.00 X 350638 0 53675 MRGABRIEL SOUHEIL ABIAD VICE PRESIDENT FOR COMMUNICATION & ALUMNI RELATION 40.00 0.00 X 287253 0 54247 DR SAMER SAID SAAB DEAN OF GRADUATE STUDIES AND RESEARCH 40.00 0.00 X 212885 0 286055 DR SOLA KHALIL AOUN BAHOUS DEAN SCHOOL OF MEDICINE 40.00 0.00 X 254726 0 241013 DR HAIDAR MOHAMMAD HARMANANI DEAN SCHOOL OF ARTS & SCIENCES 40.00 0.00 X 224530 0 268209 DR ELIE GEORGE HADDAD DEAN SCHOOL OF ARCHITECTURE & DESIGN 40.00 0.00 X 222087 0 261700 DR SALPIE DJOUNDOURIAN INTERIM DEAN SOB 40.00 0.00 X 195912 0 263336 DR CONSTANTINE DAHER DEAN OF THE ALICE CHAGOURY SCHOOL OF NURSING 40.00 0.00 X 154672 0 279919 DR BARBAR JAWAD AKLE EXECUTIVE DIRECTOR FOR NY ACADEMIC CENTER 40.00 0.00 X 319165 0 104031 MR GEORGES HAMOUCHE ASSISTANT VICE PRESIDENT FACILITY MANAGEMENT 40.00 0.00 X 203477 0 207477 MR CAMILLE ABOU-NASR ASSISTANT VICE PRESIDENT INFORMATION TECHNOLOGY 40.00 0.00 X 185810 0 207810 DR MICHEL SAAD KHOURY DEAN OF SCHOOL OF ENGINEERING 40.00 0.00 X 188154 0 169684 DR NASER ZAKI AL SHARIF DEAN SCHOOL OF PHARMACY 40.00 0.00 X 248497 0 37169 DR JAMAL BLEIK ASSOCIATE DEAN FOR CLINICAL AFFAIRS 40.00 0.00 X 222826 0 13542 DRRAED MOHSEN DEAN OF STUDENTS 40.00 0.00 X 173664 0 40417 DR CHAHINE ASSI CHAIR ORTHOPEDIC SURGERY TRAUMA 40.00 0.00 X 178536 0 29453 DR VANDA ABI RAAD ASSOCIATE DEAN FACULTY AFFAIRS AND DEVELOPMENT 40.00 0.00 X 166063 0 28243 DR CAMILLE ISSA PROFESSOR 40.00 0.00 X 580931 0 264133 DR SAID LADKI CHAIRPERSON 40.00 0.00 X 517590 0 238783 MR DAVID GROSNER SENIOR INVESTMENT OFFICER 40.00 0.00 X 526457 0 93739 DR MAZEN TABBARA ASSOCIATE PROFESSOR 40.00 0.00 X 260539 0 121393 DR DERVIS KIRIKKALELI ASSOCIATE PROFESSOR 40.00 0.00 X 250702 0 55252 9979203 0 5959407 128 0 1 0 TIGER CONTRACTING COMPANY SARL TCC ARID STREET ETOILE CENTER 4TH FLOO FURN EL CHEBAK LE CONSTRUCTION 653663 AKKARY GROUP SARL DAABOUL CENTER 6TH FLOOR JOUNIEH HARET SAKHER LE CONSTRUCTION 493840 GHAZAL & ASSOCIATES LLC 300 NEW JERSEY AVE NW SUITE 900 WASHINGTON DC 20001 CONSTRUCTION 421215 TARGET ENGINEERING VIENNA BUILDING GROUND FLOOR BEIRUT LE CONSTRUCTION 332065 NOUR HAJJAR ST LOUIS STREET HAJJAR BLDG ACHRAFIEH LE CHIEF OF STAFF & GENERAL COUNSEL 229128 9 622221 15399 16105154 6027915 61299 22770689 TUITION 611600 191758193 191758193 AUXILIARY ACTIVITIES 611600 8205540 7997199 208341 STUDENT FEES 611600 6131240 6131240 206094973 14186837 1643332 12543505 58470011 20785 17221386 26907 41248625 -6122 41242503 41242503 53785 622221 742828 -689043 -689043 MISCELLANEOUS REVENUE 900099 1083398 1083398 1083398 284689357 205886632 1851673 54180363 81518574 81518574 13790830 9168035 4006001 616794 58127065 42461350 13911349 1754366 4185768 2671576 1501239 12953 12503438 7556942 4602510 343986 2337735 1176951 963742 197042 2827566 1545933 1281633 694633 694633 116595 17545 99050 8476925 8476925 815019 127397 678406 9216 4344642 3304012 999442 41188 302205 223357 78848 21570116 9005078 12448921 116117 1435180 887688 453926 93566 588054 543779 44117 158 13438612 3700875 9725323 12414 1873341 23937 1848424 980 SPONSORED TUITION 16150880 16150880 PROVISION FOR BAD DEBT 2716361 2716361 ENTERTAINMENT AND PUBLI 630839 412294 161687 56858 BANK CHARGES 150768 130755 19979 34 1399310 837411 527987 33912 249994456 184180730 62524142 3289584 13761210 23558742 9386528 41093334 993969 1174932 47450043 56174437 161513 153241 2243907 2298177 546422170 222690145 322700880 323732025 462393763 427026964 426523101 454072460 1285614914 1329284312 61923713 57764336 10708428 10785152 72632141 68549488 X 1130736119 1171793147 82246654 88941677 1212982773 1260734824 1285614914 1329284312 X 34694901 12849243 207907 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 67224 X X 0 629352292 2856530 58378594 -1359210 -29361137 -7423944 652443124 553781252 3183953 84535135 -1333355 -2606185 -8208509 629352292 526501127 1696256 32211765 -981639 -779879 -4866377 553781252 613942241 3602134 -45635196 -1213515 -33701120 -10493417 526501127 500195237 15407083 154469277 -1086860 -48872548 -6169948 613942241 0.87326 0.12674 0.00000 0 0 135175855 135175855 245157796 111479164 133678632 135425805 111210981 24214824 30662714 30662714 323732025 INVESTMENT IN SUBSIDIARY 192179466 C PRIVATE EQUITY 152905363 F ILLIQUID REAL ASSETS 64929051 F HEDGE FUNDS 44058580 F 454072460 191856434 12849243 -274744 12574499 179281935 8476925 96930497 105407422 284689357 144312291 -274743 -274743 144587034 8476925 96930497 105407422 249994456 PART III, LINE 4: LAU'S COLLECTION IS COMPOSED OF OTTOMAN EMBROIDERIES AND ISLAMIC CERAMICS RELATED TO THE FATIMID PERIOD. THIS COLLECTION SERVES AS A REFERENCE IN THE ISLAMIC ART PROGRAM UNDER THE SCHOOL OF ARCHITECTURE AND DESIGN. ADDITIONALLY, IT INCLUDES DONATED ART RECEIVED IN 2021, WHICH IS HELD FOR PUBLIC EXHIBITION IN THE LAU LIBRARY. PART V, LINE 4: THE INTENDED USE OF THE ENDOWMENT FUNDS IS TO SUPPORT THE UNIVERSITY'S OPERATIONS AS AND WHEN NEEDED IN ACCORDANCE WITH THE UNIVERSITY SPENDING POLICY OF UP TO 4% OF THE PREVIOUS 3 YEARS ROLLING AVERAGE. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 26,907. OTHER REVENUE CLASSIFICATION DIFFERENCES -301,651. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 81,518,574. SPONSORSHIPS 16,150,880. TAXES 3,871. FUNDRAISING EXPENSES -742,828. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 26,907. OTHER EXPENSE CLASSIFICATION DIFFERENCES -301,650. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 81,518,574. SPONSORSHIPS 16,150,880. TAXES 3,871. FUNDRAISING EXPENSES -742,828. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 RACIALLY NONDISCRIMINATORY STATEMENTS ARE INCLUDED UNDER THE CONSTITUTION AND IN THE ADMISSION POLICY OF THE UNIVERSITY; BOTH ARE PUBLISHED ON THE UNIVERSITY'S WEBSITE. STATEMENTS ARE ALSO PUBLISHED IN THE UNIVERSITY YEARLY CATALOGUE. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES SCHOLARSHIP GRANTS FROM THE GOVERNMENT. 1 MIDDLE EAST AND NORTH AFRICA 2 2294 PROGRAM SERVICE UNIVERSITY FOR HIGHER EDUCATION 233058955 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENT 56759396 MIDDLE EAST AND NORTH AFRICA 0 0 INVESTMENT IN SUBSIDIARIES 192179466 2 2294 0 0 2 2294 481997817 0 481997817 DEPENDENT GRANT MIDDLE EAST AND NORTH AFRICA 195 4115305 DIRECT DEPOSIT INTO STUDENT ACCOUNT FINANCIAL AID EMPLOYMENT MIDDLE EAST AND NORTH AFRICA 501 630043 DIRECT DEPOSIT INTO STUDENT ACCOUNT HARDSHIP AND SPECIAL GRANTS MIDDLE EAST AND NORTH AFRICA 348 22337723 DIRECT DEPOSIT INTO STUDENT ACCOUNT LAU GRANT MIDDLE EAST AND NORTH AFRICA 5725 35632644 DIRECT DEPOSIT INTO STUDENT ACCOUNT MERIT AND OTHER SCHOLARSHIP MIDDLE EAST AND NORTH AFRICA 1916 14304520 DIRECT DEPOSIT INTO STUDENT ACCOUNT GRADUATE ASSISTANTSHIP MIDDLE EAST AND NORTH AFRICA 506 4498339 DIRECT DEPOSIT INTO STUDENT ACCOUNT 1 0 1 1 1 1 PART I, LINE 2: ALL GRANT FUNDS RECEIVED BY LAU ARE MONITORED BY A GRANTS OFFICE AND THE COMPTROLLER'S OFFICE. DISBURSEMENT OF GRANT FUNDS IS MADE ACCORDING TO RELATED GRANT PROVISIONS, AND IN ACCORDANCE WITH UNITED STATES APPLICABLE RULES AND NORMS. GRANTS ARE AUDITED BY AN EXTERNAL AUDITOR (PRESENTLY KPMG) ACCORDING TO GAAS AND TO THE GRANTOR CONDITIONS, AND ARE REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. PART I, LINE 3: THE ACCRUAL BASIS OF ACCOUNTING IS USED TO REPORT EXPENDITURES. PART III, COL (C): THE NUMBER OF RECIPIENTS LISTED IS THE ACTUAL NUMBER OF RECIPIENTS RECEIVING GRANTS AND ASSISTANCE. NO ESTIMATES WERE USED. SCHEDULE F, PART III THE ACCRUAL BASIS OF ACCOUNTING WAS USED TO REPORT THE GRANTS. NY GALA DINNER 676006 622221 53785 90479 118610 533739 676006 622221 53785 90479 118610 533739 742828 -689043 X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 DR MICHEL ELIAS MAWAD PRESIDENT - PART YEAR 450000 0 187500 0 742880 0 287517 0 60613 0 1728510 0 0 0 DR GEORGE ELIAS NASR PROVOST 403297 0 0 0 9683 0 728052 0 84555 0 1225587 0 0 0 MR ROY FARAJALLAH MAJDALANI VICE PRESIDENT FOR ADMINISTRATION 364980 0 0 0 75026 0 434915 0 65963 0 940884 0 0 0 DR CAMILLE ISSA PROFESSOR 151477 0 0 0 429454 0 238735 0 25398 0 845064 0 0 0 DR SAID LADKI CHAIRPERSON 97727 0 0 0 419863 0 213774 0 25009 0 756373 0 0 0 MR CHARLES GEORGE ABOU RJEILY VICE PRESIDENT FOR FINANCE 255830 0 0 0 252648 0 166578 0 44358 0 719414 0 101101 0 DR ELISE SALEM VICE PRESIDENT, STUDENT DEVELOPMENT 339481 0 0 0 18019 0 295282 0 18418 0 671200 0 0 0 DR TONY GEBRAN ZREIK VICE PRESIDENT FOR HEALTH AFFAIRS 316947 0 0 0 9568 0 267933 0 40621 0 635069 0 0 0 MR DAVID GROSNER SENIOR INVESTMENT OFFICER 443558 0 0 0 82899 0 34500 0 59239 0 620196 0 0 0 DR SAMER SAID SAAB DEAN OF GRADUATE STUDIES AND RESEARC 151847 0 0 0 61038 0 275725 0 10330 0 498940 0 0 0 DR SOLA KHALIL AOUN BAHOUS DEAN SCHOOL OF MEDICINE 254726 0 0 0 0 0 209855 0 31158 0 495739 0 0 0 DR HAIDAR MOHAMMAD HARMANANI DEAN SCHOOL OF ARTS & SCIENCES 144557 0 0 0 79973 0 253860 0 14349 0 492739 0 0 0 DR ELIE GEORGE HADDAD DEAN SCHOOL OF ARCHITECTURE & DESIGN 156079 0 0 0 66008 0 234473 0 27227 0 483787 0 0 0 DR SALPIE DJOUNDOURIAN INTERIM DEAN SOB 133461 0 0 0 62451 0 250526 0 12810 0 459248 0 0 0 DR CONSTANTINE DAHER DEAN OF THE ALICE CHAGOURY SCHOOL OF 110325 0 0 0 44347 0 267445 0 12474 0 434591 0 0 0 DR ELIE ANTOINE BADR VICE PRESIDENT FOR BUSINESS DEVELOPM 316947 0 0 0 9568 0 71781 0 31073 0 429369 0 0 0 DR BARBAR JAWAD AKLE EXECUTIVE DIRECTOR FOR NY ACADEMIC C 300000 0 0 0 19165 0 44191 0 59840 0 423196 0 0 0 MR GEORGES HAMOUCHE ASSISTANT VICE PRESIDENT FACILITY MA 177201 0 0 0 26276 0 193648 0 13829 0 410954 0 0 0 DR RIMA ZAITOON VICE PRESIDENT FOR GLOBAL ADVANCEMEN 350638 0 0 0 0 0 17617 0 36058 0 404313 0 0 0 MR CAMILLE ABOU-NASR ASSISTANT VICE PRESIDENT INFORMATION 161810 0 0 0 24000 0 194658 0 13152 0 393620 0 0 0 DR MAZEN TABBARA ASSOCIATE PROFESSOR 94720 0 0 0 165819 0 102593 0 18800 0 381932 0 0 0 DR MICHEL SAAD KHOURY DEAN OF SCHOOL OF ENGINEERING 134208 0 0 0 53946 0 159308 0 10376 0 357838 0 0 0 DR CHAOUKI ABDALLAH PRESIDENT 200000 0 100000 0 1715 0 14890 0 27578 0 344183 0 0 0 MRGABRIEL SOUHEIL ABIAD VICE PRESIDENT FOR COMMUNICATION & A 287253 0 0 0 0 0 33403 0 20844 0 341500 0 0 0 DR DERVIS KIRIKKALELI ASSOCIATE PROFESSOR 240396 0 0 0 10306 0 2793 0 52459 0 305954 0 0 0 DR NASER ZAKI AL SHARIF DEAN SCHOOL OF PHARMACY 174601 0 0 0 73896 0 12222 0 24947 0 285666 0 0 0 DR JAMAL BLEIK ASSOCIATE DEAN FOR CLINICAL AFFAIRS 222826 0 0 0 0 0 11120 0 2422 0 236368 0 0 0 DRRAED MOHSEN DEAN OF STUDENTS 120528 0 0 0 53136 0 16874 0 23543 0 214081 0 0 0 DR CHAHINE ASSI CHAIR ORTHOPEDIC SURGERY TRAUMA 178536 0 0 0 0 0 17828 0 11625 0 207989 0 0 0 DR VANDA ABI RAAD ASSOCIATE DEAN FACULTY AFFAIRS AND D 166063 0 0 0 0 0 16582 0 11661 0 194306 0 0 0 PART I, LINE 1A THE PRESIDENT OF THE UNIVERSITY IS PROVIDED TRAVEL FOR SPOUSE, HOUSING ALLOWANCE, AND PERSONAL SERVICES. ALL REQUIRED AMOUNTS WERE REPORTED AS TAXABLE COMPENSATION. DR MARK HADDAD BROTHER - DR. ELIE HADDAD 112424 FULL TIME FACULTY - SCHOOL OF BUISNESS 0 SAMER SAAB JR SON - SAMER SAAB 89356 FULL TIME FACULTY 0 DR JOELLE HACHEM SISTER - MR. ROY MAJDALANI 78718 FULL TIME FACULTY - SCHOOL OF BUSINESS 0 NADIME MOHSEN BROTHER - RAED MOHSEN 62180 FULL TIME FACULTY 0 MS ROLA FAYEZ SPOUSE-DR. JAMAL HASSAN BLEIK 24683 FULL TIME STAFF - SCHOOL OF BUSINESS 0 X ENTERTAINMENT 5 33421 COST X EQUIPMENT 4 27878 COST 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS FORWARDED TO THE INTERNAL AUDIT DEPARTMENT FOR REVIEW AND CLEARANCE. THE FINAL FORM 990 WAS THEN REVIEWED AND CLEARED BY THE PRESIDENT CABINET. UPON CLEARANCE, COPIES OF THE FINAL FORM 990 WERE CIRCULATED TO ALL BOARD MEMBERS, EXCEPT FOR DETAILS OF EXECUTIVES' COMPENSATION WHICH WERE DISCLOSED TO THE CHAIRMAN OF THE BOARD AND THE CHAIR OF THE AUDIT COMMITTEE. DURING THE BOARD MEETING, THE EXECUTIVES' COMPENSATION DETAILS WERE CIRCULATED TO ALL THE MEMBERS OF THE AUDIT COMMITTEE, THE FINAL FORM 990 WAS REVIEWED AND DISCUSSED BY THE AUDIT COMMITTEE IN THE BOARD MEETING. THE EXECUTIVES' COMPENSATION DETAILS WERE COLLECTED AT THE END OF THE AUDIT COMMITTEE MEETING. FORM 990, PART VI, SECTION B, LINE 12C QUESTIONNAIRES ARE CIRCULATED YEARLY TO OFFICERS, DIRECTORS, TRUSTEES, OR KEY EMPLOYEES AND A REPORT IS ISSUED IN THIS REGARD AND AUDITED BY THE EXTERNAL AUDITORS. CONFLICT OF INTEREST DISCUSSIONS REGULARLY OCCUR AT BOARD MEETINGS AND ARE DOCUMENTED IN THE MEETING MINUTES. BOARD MEMBERS WHO ARE CONSIDERED INTERESTED PERSONS TO ANY POTENTIAL CONFLICT OF INTEREST TRANSACTION MUST RECUSE HIMSELF OR HERSELF FROM THE DISCUSSION, DELIBERATION, AND VOTING OF THE APPLICABLE CONFLICT OF INTEREST, AND PHYSICALLY REMOVE HIMSELF OR HERSELF FROM ANY BOARD MEETING WHEN A VOTE ON ANY RELATED MATTER IS TAKEN. FORM 990, PART VI, SECTION B, LINE 15 THE APPOINTMENT OF THE PRESIDENT IS SUBJECT TO A FORMAL SEARCH PROCESS UNDERTAKEN BY A SEARCH COMMITTEE COMPRISED OF SELECTED BOARD OF TRUSTEES MEMBERS WHILE EMPLOYING THE SERVICES OF A PROFESSIONAL RECRUITING AGENCY. THE APPOINTMENT AND SETTING OF COMPENSATION IS APPROVED BY THE BOARD OF TRUSTEES. THE COMPENSATION IS SET BASED ON THE COMPENSATION OF PREVIOUS PRESIDENTS, MARKET ASSESSMENT AND ADVICE OF THE RECRUITING AGENCY. THE PRESIDENT'S COMPENSATION IS ANNUALLY REVIEWED BY THE LEGAL AND COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES (COMPRISED OF SELECTED BOARD OF TRUSTEES MEMBERS) WHOSE RECOMMENDATION IS ULTIMATELY APPROVED BY THE FULL BOARD OF TRUSTEES. SALARIES OF VICE PRESIDENTS ARE DETERMINED BY THE PRESIDENT BASED ON THE COMPENSATION OF PREVIOUS VPS, QUALIFICATIONS AND AVAILABILITY AND SUBJECT TO MARKET NORMS AND AVERAGES. SALARIES OF THE DEANS ARE RECOMMENDED BY THE PROVOST, BASED ON THE COMPENSATION OF PREVIOUS DEANS, QUALIFICATIONS AND AVAILABILITY AND SUBJECT TO MARKET NORMS AND AVERAGES, AND ARE APPROVED BY THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS INCLUDING CONSTITUTION, BYLAWS, CONFLICT OF INTEREST AND OTHER POLICIES ARE APPROVED BY THE BOARD OF TRUSTEES AND ARE MADE PUBLIC THROUGH THE UNIVERSITY WEB PAGE. THE UNIVERSITY'S FINANCIAL STATEMENTS ARE MADE AVAILABLE TO ANY EXTERNAL PARTY UPON REQUEST. FORM 990, PART XI, LINE 9: FOREIGN EXCHANGE TRANSLATION GAIN 64,933. IMPAIRMENT LOSS 142,974. FORM 990, PART I, LINE 5 THE NUMBER OF EMPLOYEES LISTED ON PART I, LINE 5 IS THE NUMBER OF EMPLOYEES THAT RECEIVED A W-2. THE MAJORITY OF THE EMPLOYEES OF THE UNIVERSITY ARE NOT CITIZENS, AND THEREFORE DO NOT RECEIVE FORM W-2. THE NUMBER OF EMPLOYEES EMPLOYED OUTSIDE THE UNITED STATES WAS 2.294 AT ITS HIGHEST POINT DURING THE YEAR. FORM 990, PART XII, LINE 2C THERE WERE NO CHANGES IN OVERSIGHT OF THE SELECTION OF AN INDEPENDENT ACCOUNTANT FROM THE PRIOR YEAR. FORM 990, PART V, LINES 8 AND 9 THE UNIVERSITY DOES NOT SPONSOR DONOR ADVISED FUNDS, THEREFORE THESE QUESTIONS ARE NOT APPLICABLE. FORM 990, PART VII AND SCHEDULE J SOME OF THE INDIVIDUALS LISTED ON PART VII AND SCHEDULE J DO NOT RECEIVE A FORM W-2 BECAUSE THEY ARE FOREIGN INDIVIDUALS. THEIR COMPENSATION HAS BEEN REPORTED IN THE COLUMN B ON SCHEDULE J AND COLUMN D ON PART VII PER THE IRS INSTRUCTIONS. FORM 990, PART VII THE AVERAGE HOURS WORKED PER WEEK LISTED FOR THE BOARD MEMBERS IS AN ESTIMATE. THE BOARD MEMBERS ARE UNPAID VOLUNTEERS THAT MEET FORMALLY TWICE PER YEAR IN FULL BOARD SESSIONS. THEY MEET OCCASIONALLY THROUGH BOARD COMMITTEE MEETINGS DURING THE YEAR AND PROVIDE CONSULTATION TO THE PRESIDENT AS AND WHEN NEEDED. LAU HEALTH FOUNDATION INC 211 E 46TH ST NEW YORK NY 100172935 272049290 SUPPORT HEALTH AND MEDICAL EDUCATION PROGRAMS OPERATED BY THE SCHOOL NY 501(C)(3) LINE 12A, I LEBANESE AMERICAN UNIVERSITY 1 LOUIS CORDAHI FOUNDATION LAU-LOUIS CODRAHIN JBEIL LE DEDICATED TO RESEARCHING THE HISTORY OF LEBANON FROM THE CITY OF BYBLOS LE LEBANESE AMERICAN UNIVERSITY 1 SANDGLASS SELECT US FEEDER FUND II LP 200 PARK AVE SOUTHSUITE 916 NEW YORK NY 10003 991841166 INVESTING NY LEBANESE AMERICAN UNIVERSITY EXCLUDED 481662 3334624 0 0 0.67000 MEDICAL CARE HOLDING SAL PO BOX 1305053 BEIRUT LE HOLDING COMPANY LE LEBANESE AMERICAN UNIVERSITY C 114110000 0.94000 1 UNIVERSITY MEDICAL CENTER - RIZK HOSPITAL PO BOX 1107-2130 BEIRUT LE HOSPITAL LE LEBANESE AMERICAN UNIVERSITY C 60520000 100534000 0.98590 1 MEDICAL CARE MANAGEMENT SAL PO BOX 1305053 BEIRUT LE MANAGE HEALTHCARE FACILITIES LE LEBANESE AMERICAN UNIVERSITY C 21538000 24434000 0.91750 1 LAU INNOVATE SAL PO BOX 1305053 BEIRUT LE TO PROVIDE SUPPORT FOR THE DEVELOPMENT AND SUCCESS OF STARTUP COMPANIES LE LEBANESE AMERICAN UNIVERSITY C 181000 0.99800 1 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 UNIVERSITY MEDICAL CENTER - RIZK HOSPITAL B 10000000 CASH TRANSFERRED