Goodwin University Inc.

“The form 990 is presented to the finance committee, audit and risk management committee, and the board of directors for review and approval. The appropriate officer of the college is then informed of the approval for filing and the return is submitted to the internal revenue service.”

“A compliance review is conducted annually on the conflict of interest policy. The board of directors reviews all policies annually with the assistance of staff and the board liaison.”

“The review of top management and key employees salaries are reviewed by an independent compensation committee who compares their salaries to top management and key employee's salaries of other colleges. The board approves the salaries once the compensation committee reviews them.”

“The form 990 and governing documents are available upon request.”

“Goodwin college seeks to address gaps in higher education opportunity in the state of connecticut by crafting programs and services to enable low-income and minority students to earn college degrees at a higher rate than is generally achieved at publicly-funded institutions but at a lower financial cost than other private colleges. Over half of goodwin's graduates were the first in their families to attend and complete college. Goodwin college's academic programs, which include twelve baccalaureate programs and a range of associate degrees and certificates, are tied to workforce needs, helping to ensure the employability of graduates. In addition, goodwin is exploring various program initiatives that will lead to a master degree. Many of goodwin college's students thrive in a supportive academic environment, but require individualized support services to overcome obstacles to educational completion. To serve this population, goodwin provides one-on-one advising, case-management, and counseling services, as well as tutoring and peer-mentoring. One such program, the goodwin achievement program (gap), offers foundational classes at no charge to students whose reading and math skills fall below college-level proficiency. The college also supports initiatives targeted at closing the educational achievement gap, including the men of vision in education (move) and women invested in seeking education (wise), which provide financial aid, case management, and mentorship for young men and women from minority backgrounds, and summer bridge, a college readiness program for urban high school graduates. Goodwin college promotes teaching excellence among its faculty by promoting professional development and assessment. Goodwin faculty are supported in their individual research endeavors, with an emphasis is placed on those activities which best translate to student success inside and outside the classroom. To help promote a culture of teaching excellence, goodwin provides a grant program to inspire innovation and improvement in program development.”

“Income from subsidiary - great river land trust 106,236. Loss from subsidary - river campus -299,725. Provision of uncollectable gov't grants & contracts -3,705,765.”

“The college's oversight and selection processes have not changed during the tax year.”

“The return has been amended to more accurately reflect related organization information. This change affected part vii of the 990, as well as schedule r.”