New York University

“1) michael steinhardt (trustee) and judy steinhardt (trustee) had a family relationship during the year ended august 31, 2015. 2) h. Dale hemmerdinger (trustee) and suresh sani (trustee) had a business relationship during the year ended august 31, 2015. 3) jay furman (trustee) and john sexton (trustee) had a business relationship during the year ended august 31, 2015.”

“The voting trustees are members of the university who have the power to appoint one or more members of the governing body and certain other powers pursuant to ny law.”

“The voting trustees are members of the university who have the power to appoint one or more members of the governing body and certain other powers pursuant to ny law.”

“The voting trustees are members of the university who have the power to appoint one or more members of the governing body and certain other powers pursuant to ny law.”

“The following steps were taken to review this irs form 990: 1. The form 990 was reviewed and approved by the university controller. 2. The form 990 was then reviewed and approved by the university's chief financial officer and office of general counsel. 3. The form 990 was then presented to the university's audit and compliance committee for review. 4. The form 990 was distributed to the full board of trustees for review. 5. The compensation committee of board of trustees reviewed the compensation sections of the form 990. 6. Following the review period, the form 990 was electronically filed with the irs.”

“The office of general counsel annually sends out conflict of interest questionnaires to officers, trustees and key employees, reviews completed questionnaires and consults with those completing forms as appropriate. In addition, questions arise periodically throughout the year and are handled by the office of general counsel as appropriate.”

“The proposed compensation of officers, trustees, key employees, disqualified persons and certain others (except the president) is reviewed annually by an outside consulting firm and that firm's analysis is presented to the compensation committee of the board for its review and approval. When it is proposed to change the compensation of the president, the board chairman engages a compensation consultant to prepare a custom survey for consideration by the compensation committee of the board, which then sets his compensation.”

“Governing documents, conflict of interest policy and financial statements are available on its website (www.nyu.edu).”

“Adjustment to beginning of year net assets 18,789,858.”

“And is a member of the distinguished association of american universities. The university's schools and institutes, each with its own traditions, programs and faculty, are (in order of founding date): college of arts and science, school of law, school of medicine, college of dentistry, graduate school of arts and science, steinhardt school of culture education and human development, leonard n. Stern school of business, courant institute of mathematical sciences, school of continuing and professional studies, institute of fine arts, robert f.wagner graduate school of public service, post-graduate medical school, silver school of social work, tisch school of the arts, gallatin school of individualized study, college of nursing, the institute for the study of the ancient world, and the tandon school of engineering. In addition, as part of its unrivalled global network of academic sites and research programs in other parts of the u.s. And abroad, nyu operates degree-granting research university campuses with selective undergraduate liberal arts and sciences colleges in abu dhabi - nyu abu dhabi, and in china - nyu shanghai.”

“The audit and compliance committee of the board of trustees has responsibility for oversight of nyu's financial statement audit and selection of its independent auditor. There has been no change in process since prior year.”

“The valuation recorded in the university's fundraising system is usually based up on the professional appraisal submitted with the gift. In the event there is no appraisal and valuation cannot be determined, a nominal value of $2 is recorded.”