Lehigh University

Schedule O

“Form 990, part i, line 1 lehigh university strives to earn international prominence as a university of special distinction and provide students with opportunities for success through its integration of teaching, research and service to society. Form 990, part vi, section b, line 11a the university provides a copy of the 990 to all voting members of the board prior to filing. Form 990, part vi, section b, line 11b the draft 990 is reviewed by appropriate senior management at the university and an outside public accounting firm. After this review is complete, a copy of the final return is provided to each member of the audit committee of the board of trustees. After the review of the audit committee, on behalf of the full board of trustees, a copy of the final return is provided to all voting members of the board and the return is filed. Form 990, part vi, section c, line 12c lehigh university's conflict of interest policy applies to all university trustees and employees. Each year, on behalf of the board of trustees, the corporate secretary and director of internal audit forward a copy of the university's conflict of interest policy to all trustees, officers, full-time faculty and exempt staff members. They ensure that each individual responds that they have read and agree to abide by the policy. The corporate secretary and director of internal audit review the questionnaire responses and attempt to resolve any significant conflicts with the individuals. If a conflict cannot be immediately resolved, it is taken to the next level of supervision until it is fully resolved. If at any time during the year a new or possible conflict occurs, the individual is responsible for notifying the corporate secretary or director of internal audit in writing. Form 990, part vi, section b, line 15 lehigh university is committed to compensating all employees at a fair and competitive level. To do this, an annual comparison of market rate salary data is performed by the university's human resources office, which also utilizes independent consultants as appropriate to compile and analyze such data. In addition, the university has established an independent compensation subcommittee of the executive committee of the board of trustees. The subcommittee meets as needed to review compensation matters, but no less than annually to review the performance and approve the compensation for the president, officers of the university administration, other senior administrative officers, and any other highly compensated university employees whose compensation should be reviewed and approved by the board of trustees in accordance with university governance documents and applicable legal requirements. Such review includes determinations by the subcommittee and recommendations to the executive committee of the board, that the compensation of such officers and employees is reasonable and in accordance with legal requirements applicable to the university as a non-profit tax-exempt organization. In fulfilling its responsibilities with respect to determining reasonable compensation, the subcommittee utilizes independent consultants as appropriate to compile and analyze market rate and comparative salary data. Substantiation of the subcommittee's deliberations and determinations are contemporaneously documented in the minutes of the meeting. Form 990, part vi, section c, line 19 in general, the university does not make its governing documents available to the public. The university's financial statements and conflict of interest policy are located on the university's website. Form 990, part xi, line 9 this amount consists of other income and loss as follows: unreal adj value split interest agreement: $2,223,884 unreal rate swap adj: 774,407 postretirement benefits (2,755,000) other: (198,560) total to line 9: $ 44,731”