Alvernia University

“The university outsources its human resource function.”

“The members of the corporation shall serve in an ex-officio capacity and shall consist of the general minister and council of the congregation of bernardine sisters of the third order of st. Francis of reading, pa.”

“Members have the power to do the following: - determine and maintain the identity, purpose, and franciscan affiliation of the corporation - adopt, amend, repeal, or alter the articles of incorporation and bylaws of the corporation - approve the sale, purchase, mortgage, or encumbrance of any real property transaction greater than $3,000,000 - merge, consolidate, dissolve, or effect any fundamental corporate reorganization of the corporation - determine distribution of assets upon dissolution of the corporation - participate in the nominating of the president of the board of trustees - approve the use of the names "alvernia", "bernardine", and "franciscan" - approve the articles of incorporation and bylaws of any subsidiary or related corporation”

“A draft of the form 990 is presented to the administration for review and discussion. Items that need clarification are then discussed with management and the university's tax advisors/legal counsel. Once items are clarified and answered, the draft form 990 is presented to the audit committee where there is a discussion of the entire form, questions are answered, and a vote to approve is cast. Once approved, a copy is made available to the full board of trustees via the university's secure portal. After the board has had time to review and comment, the form 990 is filed with the irs.”

“Annually, the board of trustees, officers, and key employees are required to sign a conflict of interest statement. The vice president for finance and administration reviews all of the statements. Anyone noted with a conflict is required to abstain from voting on such transactions.”

“Alvernia engages compensation consultants (yaffe & co.) to review national compensation trends and monitors compensation at our peer institutions. This includes utilizing national surveys and databases as well as the consultants' proprietary surveys and specific review of irs form 990s of peers. The consultant serves as an advisor to the presidential compensation sub-committee (board chair, vice chair, and chair of finance & business affairs committee). The compensation committee makes its recommendations to the board of trustees. The president's performance is reviewed by the board of trustees in an executive session on an annual basis. The university also uses the same consulting firm to review the vice president's compensation. Similar comparisons are made to surveys and peer groups as discussed above. Recommendations are then made to the president. The vice presidents' salaries are then also reviewed by the board of trustees. The compensation determination process is documented each year in the board minutes.”

“Documents are available upon request.”

“Documents are available upon request.”

“Situated on a scenic 121-acre suburban campus in historic berks county, pa, the university is conveniently located near philadelphia (60 miles) and within an easy drive of new york, baltimore, and washington dc. With a college of arts and sciences and college of professional studies, alvernia offers more than 50 undergraduate majors and minors including pre-professional programs in medicine, dentistry, law, and veterinary medicine. The university also provides a broad range of graduate programs at the master's and doctoral levels through its school of graduate and adult education. The university's main campus is located in reading, pennsylvania, with satellite sites in the philadelphia and schuylkill county areas. Alvernia supports a stimulating and caring learning community that is welcoming to more than 3,000 students who hail from diverse geographical, cultural, and religious backgrounds. They benefit from faculty who are accomplished scholars and supportive mentors. Alvernia students also enjoy the personal attention afforded by small class sizes and real world application of their studies via an extensive network of field experiences, internships, and service projects that develop successful professionals and engaged citizens. Through strategic partnerships, alvernia offers multiple graduate and undergraduate online programs and more than 700 online consortium courses providing a boundary-free approach to learning. Alvernia is also a great value among private universities, and works hard to keep costs affordable for families. The school also offers generous scholarships and financial aid to help students realize their university dreams. As one of only 22 franciscan institutions in the united states, alvernia's values-based learning philosophy is guided by the ideal of "knowledge joined with love" that shapes both its educational philosophy and strong campus community. The university's emphasis on developing ethical leaders with moral courage is blended with a commitment to service in a campus environment that provides students the ideal setting to grow and develop. The university's athletic teams, the golden wolves, compete under the national collegiate athletic association division iii and are members of the freedom conference of the middle atlantic conference, as well as members of the eastern college athletic conference. Athletic programs including men's football, baseball and wrestling; men's and women's basketball, cross country, golf, lacrosse, soccer, tennis, ice hockey and track and field and women's cheerleading, dance, field hockey, softball, and volleyball. Alvernia's franciscan heritage includes a strong intellectual tradition that recognizes and values the importance of diversity of thought, faiths, and cultures. The university challenges students to shape the world and transform it as working professionals, concerned citizens, and caring community members, consistent with the principles and teaching of saint francis of assisi. The bernardine franciscan sisters, who founded alvernia in 1958, are members of the third order regular of st. Francis. The third order was a spontaneous penitential lay movement influenced by st. Francis and the early brothers as they worked and preached in cities and towns of italy, encouraging people to live the gospel and embrace a life of penance in their own homes. Some of these penitents eventually decided to take public vows and live a common life, and the bernardine franciscan sisters are one of many religious congregations sharing this third order charism. As a franciscan university, alvernia's identity is based on life changing ideals that stress unconditional love for all people, compassion, humility, and forgiveness through an understanding of the gospels of jesus christ. Core to its mission is the belief in the sanctity of human life and the protection of human rights through active participation in the economic, political, legal, and social policy dialog that affects hum”