Emory University

“Family or business relationships (1) trustees walter m. Deriso, jr., j. David allen, and chilton d. Varner have a business relationship. (2) trustees walter m. Deriso, jr., russell r. French, and robert c. Goddard have a business relationship. (3) trustees wendell reilly and chilton d. Varner have a business relationship. (4) trustees ben f. Johnson, iii and c. Rob henrikson have a business relationship. (5) trustees muhtar kent and javier goizueta have a business relationship.”

“Provision of 990 to governing body prior to finalization of the return, management provided access to a final draft of the form 990 to all members of the board of trustees and gave them an opportunity to make comments. Management updated the form 990 for all comments received and provided the final version of the form 990 to all members of the board of trustees prior to filing.”

“Conflict of interest policy emory university's conflict of interest policy requires trustees, officers, and other decision makers to disclose participation in activities or circumstances that may present a conflict of interest on an annual basis or if at any time such individual becomes aware of circumstances that may present a conflict of interest. Disclosures by trustees are reviewed by the executive compensation and trustees' conflicts of interest committee of the university board of trustees ("conflicts of interest committee"), as necessary. If the conflicts of interest committee determines that a conflict of interest exists, the individual with the conflict of interest may make a presentation to the applicable committee, but after such presentation, the individual must leave the meeting during the discussion of, and the vote on, the transaction or arrangement that resulted in the conflict of interest. During the fiscal year none of the trustees with related business interests voted on business decisions involving such companies.”

“Determination of compensation emory university has a committee on executive compensation and trustees' conflict of interest composed of non-employee members of the emory university board of trustees. Each year, the committee reviews market data, collected and reported by independent consulting firms, from comparable institutions for each position identified as a "disqualified person" for purposes of intermediate sanctions under irs regulations. The committee discusses the proposed compensation for each such individual in the context of the market data and the individual's performance and contribution to emory, and it makes a decision regarding the appropriateness of compensation and any compensation increase. The discussions are documented in the committee's minutes by a representative of the office of the general counsel.”

“Availability of documents to the public emory university makes its governing documents, conflict of interest policy, and its financial statements available to the public via its website.”

“FORMERLY REPORTED OFFICERs GARY S. HAUK and Ron Sauder REMAIN IN EMORY UNIVERSITY'S PRESIDENT'S CABINET; HOWEVER they are NO LONGER DISCLOSED AS OFFICERS PURSUANT TO THE FORM 990 INSTRUCTIONS.”

“Mission statement emory university's mission is to create, preserve, teach, and apply knowledge in the service of humanity. To fulfill this mission, the university supports the full range of scholarship, from undergraduate to advanced graduate and professional instruction, and from basic research to its application in public service. While being a comprehensive research university, emory limits its academic scope to those fields in which, by virtue of its history and location, it can excel. Hence its academic programs focus on the arts and sciences, business, law, theology, and the health professions. These disciplines are unified by their devotion to liberal learning; by cooperative interdisciplinary programs; and by the common pursuit of intellectual distinction. The emory community is open to all who meet its high standards of intelligence, competence, and integrity. It welcomes a diversity of ethnic, cultural, socioeconomic, religious, national, and international backgrounds, believing that the intellectual and social energy that results from such diversity is a primary asset of the university. In keeping with the demand that teaching, learning, research, and service be measured by high standards of integrity and excellence, and believing that each person and every level of scholarly activity should be valued on its own merits, the university aims to imbue scholarship at emory with * a commitment to humane teaching and mentorship and a respectful interaction among faculty, students, and staff; * open disciplinary boundaries that encourage integrative teaching, research, and scholarship; * a commitment to use knowledge to improve human well-being; and * a global perspective on the human condition. The university, founded by the methodist episcopal church, cherishes its historical affiliation with the united methodist church. While emory's programs are today entirely nonsectarian (except for those at the candler school of theology), the university has derived from this heritage the conviction that education can be a strong moral force in both society and the lives of its individual members.”

“PROGRAM SERVICE ACCOMPLISHMENTS 4a Emory University: A major research university that is privately endowed, coeducational and not-for-profit. With its nine colleges and schools, the University attracts top quality students from across the nation and abroad, and has a current total enrollment of approximately 14,500 students. The University is a member of the Association of American Universities. In U.S. News and World Report's annual ranking of "America's Best Colleges" Emory ranked 21st among national universities in 2014 and has consistently been included in its Top 25 list since 1992. Emory also ranks in the top 25 schools for "Best Value Schools" and "High School Counselor Ratings". In addition, Emory ranked 14th in Kiplinger's Personal Finance's "100 Best Values in Private Colleges" and was named a "Best Value College" by the Princeton Review. The University includes one of the nation's leading research and patient-care medical complexes, the Robert W. Woodruff Health Sciences Center. The Center includes the Emory University School of Medicine, Nell Hodgson Woodruff School of Nursing, Rollins School of Public Health, and Yerkes National Primate Research Center. Among the other centers for specialized research and study at Emory are The Winship Cancer Institute; The Global Health Institute; The Center for Health Discovery and Well Being; The Center for Faculty Development and Excellence; The Center for AIDS Research; The Michael C. Carlos Museum; The Center for Ethics in Public Policy and the Professions; The Center for International Programs Abroad; The Center for Health, Culture and Society; The Center for Teaching and Curriculum; The Cherry L. Emerson Center for Scientific Computation; The Graduate Institute of the Liberal Arts; The Claus M. Halle Institute for Global Learning; and The Institute for Women's Studies. 4b Emory University Hospital: A teaching and research facility providing tertiary and quaternary care services, particularly cardiology, cardiac surgery, oncology, neurosciences and multiple organ and tissue transplantation. In 2014, it was ranked as the number one hospital in Georgia by U.S. News and World Report. The Hospital is also recognized as one of the nation's top hospitals by the National Research Corporation's Consumer Choice Awards in 2014 for 15 of the past 16 years. The Hospital provides integrated patient care with teaching and clinical research by physicians who are University faculty. It also provides charity care in the form of indigent care to patients with no health insurance and catastrophic care to patients whose medical bills are so large that paying them would be permanently life-shattering. Emory University Hospital physicians provided $25.3 million in charity care during the current fiscal year. The Hospital has 605 licensed beds and 1,626 licensed physicians on staff. The Emory University Orthopedic and Spine Hospital has earned the highest patient satisfaction rankings in the country based on returned surveys from patients that have been nationally benchmarked by Press Ganey. The current Community Benefits Report is published at http://whsc.emory.edu/home/publications/health-sciences/community-benefits -2014/CommunityBook2014_sm.pdf. 4c Emory University Hospital Midtown: Since 1908, an Atlanta teaching hospital offering a myriad of patient care, education and research initiatives. It was ranked the fourth best hospital in Georgia in 2014 by U.S. News and World Report. The Hospital provides advanced services such as cardiology, oncology and radiology as well as more traditional services such as obstetrics with both routine and intensive care nurseries. It also provides charity care in the form of indigent care to patients with no health insurance and catastrophic care to patients whose medical bills are so large that paying them would be permanently life-shattering. Emory University Hospital Midtown physicians provided $21.3 million in charity care during the current fiscal year. E”

“OTHER CHANGES IN NET ASSETS Adjustment to annuities payable 230,854 Change in fair value of derivative instruments (49,448,523) Nonoperating adjustment to receivables and reserves 5,529,685 Adjustment to Post Retirement Benefit Plan (9,200,000) Cumulative effect of change in accounting (12,537,655) Transfer of net assets to consolidated affiliates (20,594,972) Net Assets released from restriction (952,565) Other changes 320,051 TOTAL OTHER CHANGES IN NET ASSETS (86,653,125)”

“Foreign bank account reporting china denmark ethiopia india indonesia japan malaysia philippines south korea spain taiwan r.o.c. Thailand turkey united kingdom”