Illinois Wesleyan University

“In accordance with the by-laws of the board of trustees, the executive committee shall meet at least once between regular meetings of the board. The executive committee shall have and may exercise the authority of the board in the interim between stated meetings of the board to the extent permitted by law and the by-laws and the board itself, except that the excecutive committee shall not conduct elections of the board members, nor fill vacancies on the board.”

“It is the policy of the board of trustees of illinois wesleyan university that the audit committee shall review internal revenue services form 990 prior to filing it with the irs. Once the audit committee has reviewed irs form 990, a copy shall be made available to all board members prior to filing of form 990. Board members shall exercise their best effort to review form 990. Board members who have comments or revisions to form 990 shall submit those comments or revisions to the audit committee chair no later than one week following notification of the availability of the form 990 being posted for review.”

“An annual conflict of interest statement is collected from trustees and key employees. Reminders are sent to trustees and key employees with outstanding statements until received. Conflicts disclosed are reviewed and monitored. Trustees abstain from voting when a vote is required and the trustee has a conflict of interest.”

“The president's salary is approved annually by the executive committee of the board of trustees and a written agreement is signed by both parties. Salary amount is based on, but not limited to: prior salary, budgeted compensation increase to all employees of the university, performance, changes in responsibility, comparative data from cupa and other relevant factors as determined by the executive committee of the board of trustees.”

“Vice presidents salaries are approved annually by the executive committee of the board of trustees. Salary amounts are based on, but not limited to: prior salary, budgeted compensation increase to all employees of the university, performance, changes in responsibility, comparative data from cupa and other relevant factors as determined by the executive committee of the board of trustees.”

“The university does not make its governing documents, conflict of interest policy or financial statements available to the public. Requests for such data are reviewed and information is provided if deemed appropriate.”

“The university strives to attain the ideal of a liberal education while providing unique opportunities with its distinctive curricula and programs. A liberal education fosters creativity, critical thinking, effective communication, strength of character and a spirit of inquiry; it deepens the specialized knowledge of a discipline with a comprehensive world view.”

“Volunteers participate in various academic, campus and alumni events like homecoming and alumni relations connections events. Academic volunteers speak to classes, act as mentors and host student visits to various workplaces.”

“Instruction to over 1,850 students for baccalaureate degrees in the liberal arts and sciences, nursing, fine arts, drama and music. Student services include student programming, housing, and board.”

“Change in present value of swap agreement 229,891 change in split-interest agreement obligations -956,561 recognition of change in postretirment funded status -1,357,000”