Saint Joseph'S University

“Saint joseph's university prepares a summary of board affiliations and positions which lists the officers or board members name, and the sju related/affiliate entity or the non-sju affiliated entities for which each person has a familial or business relationship. Schedule l lists the reportable business transactions involving board members.”

“Following review by management and the audit committee of the board of trustees, the form 990 has been provided to the full board prior to filing for trustee's review, comment, input, and questions, if any.”

“Saint joseph's university (sju) has a business conduct and conflict of interest policy ("policy"), which sets forth sju's policies and procedures regarding managing, reducing or eliminating conflicts of interest as defined in the policy. The policy applies to board members and all employees, including officers, faculty and key employess ("covered persons"). Covered persons annually receive a copy of the policy and a conflict of interest disclosure statement ("statement") for completion including, in particular, disclosure of financial interests or other reportable circumstances or relationships as described in the policy. The statements of trustees and the president are directed to the chairperson of the audit & risk committee and reviewed and maintained by the office of general counsel, which provides a summary of disclosed conflicts of interest to the chairperson of the audit & risk committee with general counsel's recommendations, if any, regarding such disclosures. Thereafter, the summary and recommendations, if any, along with the audit & risk committee's comments are provided to the chairperson of the board for presentation to the executive committee and the full board, as appropriate. The statements of officers, key employees, faculty and all other employees are directed to the president and reviewed and maintained by the general counsel. A summary of all disclosed conflicts of interest are provided by the general counsel to the chairperson of the audit & risk committeee and the chairperson of the board for presentation, as appropriate, to either the executive committee or, to the full board. Copies of the completed statements of covered persons are maintained by the office of the general counsel and become part of the university's corporate books and record. In the case of employees, including officers and key employees, copies of the completed statement are also maintained in the employee's personnel file and made available for review and audit by the audit and risk committee of the board and general counsel, as needed and appropriate. In addition, copies of the summaries and actual disclosures are available to the full board upon request throughout the year. The policy contains a continuing affirmative obligation to disclose compensation or other circumstances or relationships, which may rise to the level of an actual or apparent conflict and provides procedures for the board or relevant board committee to manage, reduce or eliminate the conflict of interest. Discussions and proceedings where a conflict is disclosed are documented in the minutes for the board or affected board committee.”

“The executive committee of the board, which is comprised of independent board members who have no personal interest in any executive compensation arrangement with the university, annually reviews and approves, based on a review of appropriate comparability data, the compensation that is paid to the president. The president, based on a review of appropriate comparability data, decides the compensation to be paid to the other applicable university executives, which decisions and compensation arrangements are reviewed by the executive committee. The executive committee documents the basis for its determinations regarding the compensation of the president and its review of the president's decisions regarding the compensations of other executives.”

“The by-laws are available to all trustees at any time and from the university upon request when appropriate and in response to legal process. Many other institutional policies (e.g., whistleblower policy) are either posted on the sju internet website or mysju internal website. Requests for financial information will be evaluated on an individual basis and information will be provided as appropriate.”

“The average hours per week listed in this section are a minimum.”