University of Kentucky Humanities

“THE FOLLOWING INDIVIDUALS HAVE A BUSINESS RELATIONSHIP AS A RESULT OF THEIR EMPLOYMENT WITH THE UNIVERSITY OF KENTUCKY: CHRISTIAN BRADY, ELI CAPILOUTO, JENNIFER COFFMAN, PENNY COX, ROBERT DIPAOLA, MELODY FLOWERS, ANA FRANCO-WATKINS, AND RICHARD SCHEIN. - Business relationship”

“University of kentucky finance personnel prepare and review the form 990. The form 990 is also reviewed by an independent certified public accounting firm. The return is provided to board officers prior to filing the return with the internal revenue service. The return is provided to all board members after the return is filed.”

“The organization is administered in accordance with policies and procedures that govern the university of kentucky. The university's ethical principles and code of conduct defines the university's core value and establishes guidelines for professional conduct including conflict of interest. All university members shall avoid conduct that might in any way lead members of the general public to conclude that he or she is using an official position to further professional or private interests or the interests of any members of his or her family. In conducting or participating in any transaction, full disclosure of any real or perceived conflict with personal interests and removal from further participation in such matters is required. Administrative regulation 7:2 conflicts of interest in research and administrative regulation 7:9 institutional conflicts of interest involving research set forth specific relationships and activities that pose a potential conflict of interest for faculty, staff, and students involved in research and related activities. After disclosure, the university can make an informed judgment about a particular activity and require appropriate oversight, limitations, or prohibitions in accord with this policy.”

“The university president's compensation is established and approved by the board of trustees of the university of kentucky. The president is offered a multi-year contract which outlines base salary, variable pay, benefits and other perquisites. This total compensation package is benchmarked with other land grant institutions with academic medical centers.”

“The university employs executives and athletic coaches in non-graded exempt positions. Other than the president, these executives/coaches are presented with an offer letter that outlines their base salary, variable pay (if applicable) and perquisites. Employee benefits other than retirement contributions are offered at the same level as staff employees. Retirement contributions by the institution for senior executives may be at a higher level (e.g. 15% employer contribution) for some executives. Base salaries and variable pay are benchmarked with the universities' benchmark institutions, in addition to regional and national health care and business entities. Total compensation offered to these executive individuals and coaches is approved by the president of the university or his designee, athletics director if coach compensation is less than $75,000.”

“Governing documents, policies and financial statements are disclosed on the university of kentucky's website. The organization is administered in accordance with policies and procedures that govern the university of kentucky. The university's administrative regulations and organization's financial statements are available at https://ufs.uky.edu/financial-statements.”

“The university of kentucky operates the corporation as a cost center within its consolidated financial statements. The amounts reflected on this return are for the university humanities department cost center and include funds deposited or disbursed directly by the university under its employer identification number (ein) rather than that of the corporation. Independent contractors, if applicable, are paid under the university's ein and irs form 1099s are issued under university's ein as well.”