Bellarmine University Incorporated

“Mr steve trager, current trustee, is the ceo of republic bank & trust co. Mr w patrick mulloy, ii current trustee, is a director at republic bank & trust co. Mr. Russ cox, current trustee, is the president and ceo of norton healthcare. Mr craig grant, current trustee, is a member of the board of norton healthcare. Mr david heintzman, current trustee, is chairman of the board at stock yard bank &trust”

“The 990 is prepared by internal staff and reviewed in detail by the assistant vice president for business affairs. The avp is an attorney and cpa with 20+ years of tax experience. The review is completed in several stages in order to process all the information thoroughly. Continuing educationon tax requirements is provided to those involved with the preparation and review of the 990. The return is given to the audit committee, which then reviews and discusses it. The audit committee reports information regarding the 990 to the full board prior to filing.”

“THE ORGANIZATION SENDS ITS CONFLICT OF INTEREST POLICY TO ALL BOARD MEMBERS ANNUALLY. THE VP FOR ADMINISTRATION AND FINANCE MONITORS THAT ALL MEMBERS RETURN A SIGNED COPY INDICATING THEY HAVE REVIEWED THE POLICY AND LISTED ANY POTENTIAL CONFLICTS. ADDITIONALLY, ALL EMPLOYEES RECEIVE A UNIVERSITY HANDBOOK AND SIGN ACKNOWLEDGMENT INDICATING SUCH RECEIPT. THE CONFLICT OF INTEREST POLICY IS LOCATED WITHIN THE STAFF HANDBOOK. LASTLY, THE ORGANIZATION MAINTAINS AN ETHICS AND COMPLIANCE HOTLINE ALONGSIDE A SYSTEM NAMED "RED FLAG REPORTING". tHIS SYSTEM, OPERATED BY A LOCAL PUBLIC ACCOUNTING FIRM, ALLOWS STUDENTS AND STAFF TO REPORT ANY CONCERNS REGARDING IMPROPER ACTIVITY WITHIN THE UNIVERSITY WITH THE OPTION TO REMAIN ANONYMOUS. INTERESTED PARTIES MAY REPORT IMPROPER ACTIVITY BY CALLING 1-877-647-3335 OR VISITING REDFLAGREPORTING.COM”

“The presidential contract and compensation committee of the board of trustees reviews the president salary on a yearly basis; including base compensation, bonus and fringe benefits. The presidential contract and compensation committee evaluates the compensation of the president based on established goals and discusses and approves the new salary on an annual basis. The university and the president are bound by a contract. The contract is negotitated and reviewed by the presidential contract and compensation committee of the board. As part of the evaluation process used by the presidential contract and compensation committee of the board, market data, salary surveys of similar institutions and other relevant information are reviewed in conjunction with the president report on accomplishments and proposed goals. All employees, other than the president, are evaluated by their immediate supervisor on an annual basis. The vice-presidents of the university are evaluated by the president. The university uses cupa data to compare salaries for other like institutions to our compensation.”

“The university makes available its governing documents, conflict of interest policy, and financial statements to the general public upon request during the regular business hours of the university. The form 990 is available on guidestar for public inspection.”

“The organization makes available its governing documents, conflict of interest policy, and financial statements to the general public upon request during the regular business hours of the university. The form 990 is available on guidestar for public inspection.”

“Other program services include academic support, library and computer technology services, and support for the academic divisions. Expenses $1,382,001 including grants of $0 revenue $1,455,277”

“The responsibility for the oversight of the audit and the selection of the independent certified public accountant has not changed since the last fiscal year.”