The University of Findlay

“The compensation of the officers is determined by the president. The president uses comparability data to review compensation. This process is done annually.”

“Article IV, Section 2: The Executive Committee shall exercise such powers as assigned to the Board of Trustees in emergency circumstances only, unless otherwise specifically assigned to the Board of Trustees in the Code of Regulations. The Committee shall provide general oversight and coordination appropriate to the duties of the Board itself, as needed, between meetings of the Board.”

“Cheryl Buckland and Don Manley - Family relationship”

“A final draft of the full Form 990, including all applicable schedules, was presented by our tax advisers to the audit committee. The presentation allows the committee and management to review and provide comments and explanations regarding changes to the redesigned form. The audit committee reviewed and approved the Form 990 on behalf of the entire governing body. This presentation was done in May 2025. The full governing body received a copy of the full Form 990 electronically prior to the form being submitted electronically to the IRS.”

“Board members, officers and key employees are required to annually disclose any conflicts of interests they may have with the organization. The Vice President of Business Affairs reviews each policy statement signed by these individuals to determine if any conflicts have occurred and need to be brought to the attention of the Board. If a conflict arises, the respective board member will abstain from any related discussion, vote or similar action on the matter.”

“The compensation committee has been given authority from the board to review and approve the compensation of the president and the treasurer (VP of Business Affairs) of the university. The compensation committee uses comparability data from higher education salary surveys, notable from the information published by College and University Professional Association for Human Resources (CUPA-HR). Once the compensation has been reviewed and approved the decision is documented within the compensation committee's minutes. The Board's Compensation Committee annually evaluates the President's performance, reviews appropriate data from "Administrators in Higher Education", provided by CUPA-HR, established the President's compensation package for the ensuing year, and documented same in contemporaneous minutes.”

“Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to Internal Revenue Code (IRC) Section 6104. These documents are not available to the public at this time.”

“All program services - Total Revenue: 160168, Related or Exempt Function Revenue: 160168, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“Misc - Total Revenue: 4517337, Related or Exempt Function Revenue: 4517337, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“Change in split interest agreements - -1355154;”