Georgetown University

“Number of voting members: the university's bylaws provide that the executive committee of the board of directors is authorized to take all actions that the full board of directors is authorized to take, except that the executive committee may not remove or elect the president; exercise the authority of the full board to concur with the president's removal of the provost, secretary, or treasurer; or amend the bylaws. Members of the executive committee are nominated by the chair of the board and are elected by the board for one year terms. Only directors may serve on the executive committee.”

“Review of form 990 by governing body: the university's 990 was reviewed internally by senior management, after which it was submitted by the associate vice president for tax and chief financial officer to the audit committee of the university's board of directors for review and discussion. The final form 990 was sent to each board member before it was filed with the internal revenue service.”

“Conflict of interest policy: the university has written conflict of interest policies that apply to all employees, including officers and senior administrators, and to members of the board of directors. These policies require disclosure of interests that could give rise to conflicts and are intended to avoid actual conflicts and the appearance of conflicts, and, where appropriate, to manage conflicts to remove the possibility of bias. The university's financial conflicts of interest policy, which applies to all employees, requires employees to make initial, as well as annual and updated, disclosures of "significant financial interestsother relationships that could give rise to conflicts of interest and requires "investigators" who are involved in sponsored research to make special disclosures. Conflict of interest officers on each campus (and a conflict of interest officer for officers and senior administrators) review disclosures, obtain additional information where necessary, and make determinations about the appropriate management of actual or potential conflicts when they arise. Conflict management mechanisms may include recusal from participation in decision making, divestment of financial interests, monitoring, or other measures. A university-wide financial conflicts of interest committee oversees the implementation of the policy and periodically reviews campus officer determinations. This policy requires annual certifications and disclosures of any circumstances that might give rise to an actual or apparent conflict of interest and prohibits involvement in decision making by any officer, senior administrator, or other employee who has an actual or apparent conflict. In addition, the university monitors potential conflicts relating to research projects through a required study-specific disclosure and review process. Violations of the university's conflicts policies may result in sanctions up to and including termination of employment. The board of directors conflict of interest policy requires that each director avoid any actual, potential or apparent conflict of interest between the director's personal interests and the interests of the university. Directors are required to complete an annual conflict of interest certification and disclosure form and disclose on a continuing basis any updates to the annual form. The secretary of the university, along with the general counsel of the university, review the disclosure forms and consider and determine appropriate remedial actions or procedures as necessary.”

“Process to establish compensation of top management official: the subcommittee on compensation of the executive committee of the board of directors (the "compensation subcommittee") reviews the philosophy behind, and strategies to implement, the university's compensation structure. The compensation subcommittee is also responsible for evaluating the president and determining his compensation. Compensation information for presidents at similar higher education institutions is obtained from several sources, including independent third-party consultants, and is taken into consideration as part of the compensation assessment process. The university maintains contemporaneous documentation and record keeping relating to deliberations and decisions regarding the president's compensation arrangement. All members of the compensation subcommittee are independent board members. The last review of the president's compensation was in 2020.”

“Process to establish compensation of other officers or key employees: the compensation subcommittee reviews the philosophy behind, and strategies to implement, the university's compensation structure, including the compensation of officers and key employees. Compensation information for similarly qualified individuals in functionally comparable positions at similar higher education institutions is obtained from several sources, including independent third-party consultants, and is taken into consideration as part of the compensation assessment process. The university maintains contemporaneous documentation and recordkeeping relating to deliberations and decisions regarding the compensation arrangements of officers and key employees. All members of the compensation subcommittee are independent board members. The last compensation review was in 2020.”

“Required documents available to the public: georgetown university makes its governing documents, conflict of interest policies, and financial statements available to the public on its website at www.georgetown.edu. Form 990, part vii, section a certain individuals who were listed as "key employees" in the form 990 for the fiscal year ended june 30, 2019 are not listed in this form 990. Upon further review, the university has determined that these individuals are not "key employees" as defined in the form 990 instructions.”

“Organization's mission: georgetown university is one of the world's leading academic and research institutions. Established in 1789 in the spirit of the new republic, the university was founded on the principle that serious and sustained discourse among people of different faiths, cultures and beliefs promotes intellectual, ethical and spiritual understanding. We embody this principle in the diversity of our students, faculty and staff, our commitment to justice and the common good, our intellectual openness and our international character. An academic community dedicated to creating and communicating knowledge, georgetown provides excellent undergraduate, graduate and professional education in the jesuit tradition for the glory of god and the well-being of humankind. Georgetown educates women and men to be reflective lifelong learners, to be responsible and active participants in civic life and to live generously in service to others. Form 990, part v, line 4b detail list of foreign countries: 1. France fr 2. Germany gm 3. Cayman islands cj 4. Guatemala gt 5. India in 6. Italy it 7. Kenya ke 8. Mexico mx 9. Qatar qa 10. Spain sp 11. Turkey tu 12. United kingdom uk 13. Nigeria ni 14. Cameroon cm”

“Other changes in net assets or fund balances: spending rate allocated to operations: $(95,863,217) pension and postretirement credit: (29,526,819) other non operating activity: (22,748,053) change in value of split interest agreements: 500,670 ---------------- total: $(147,637,419)”

“Description:other services total fees:xxx-xx-xxxx”

“Description:laboratory total fees:2708911”

“Description:subaward services total fees:406619”

“Description:teaching services total fees:16662934”

“Description:printing total fees:4712152”