University of St. Thomas

“From the bylaws of the university, section iii.b: "during intervals between meetings of the board, the executive committee shall possess and may exercise all the powers and authority of the board, except those requiring an affirmative vote of two-thirds of those present and voting at a board meeting. If the executive committee shall have occasion to act, it shall report its action for ratification at the first meeting of the board after such action has been taken."”

“Per the by-laws of the university, at least one-third of the board of directors shall be elected from nominations submitted to the nominating committee by the local superior of the basilian fathers at the university of st. Thomas.”

“The form 990 was reviewed by the university's audit and finance committee prior to its filing with the irs. As there were donors who wished to remain anonymous, schedule b was not provided to the committee nor the board. After taking into account any comments or recommendations of the audit and finance committee, the form 990 is finalized and provided to each member of the board of directors prior to filing. The methodology for this review follows the procedure used for the annual review of the audited financial statements.”

“Annual affirmations that conflicts do not exist are required to be made for board members, officers, and certain key employees. If any conflicts are noted, they must be sufficiently explained. Board members recuse themselves from voting or participating in discussions regarding topics with which they may be in conflict. Records of the annual affirmations are maintained by the office of the president.”

“A third-party specializing in executive compensation is engaged to conduct a comprehensive review of the university president's compensation. Market information is utilized to analyze the comparability and market competitiveness of the president's compensation. The information is provided the chair of board. Any changes in compensation resulting from the survey data provided is approved by the board of directors. This action is documented as part of the board of director's meeting.”

“The board of directors approves the hiring of vice presidents based on a recommendation from the president. However, the president has the discretion to set the initial salary and to award increases based on the experience of the individual, market conditions, and industry standards. The compensation level of each vice president's position is evaluated each year by the head of human resources with a more formal evaluation, utilizing a third-party specializing in executive compensation, completed as deemed necessary. The results are provided the president for his review.”

“The organization's articles of incorporation are available upon request to the texas secretary of state. Governing documents, conflicts of interest policy, and financial statements are not made available to the public.”

“We are the university of st. Thomas, the catholic university in the heart of houston. We are committed to the catholic intellectual tradition and the dialogue between faith and reason. By pursuing excellence in teaching, scholarship, and service, we embody and instill in our students the core values of our founders: goodness, discipline, and knowledge. We foster engagement in a diverse, collaberative community. As a comprehensive universtiy grounded in the liberal arts, we educate students to think critically, communicate effectively, succeed professionally, and lead ethically.”

“Student institutional aid and assistance”