Southern Methodist University

“All requests for copies of Form 990 and 990-T are reviewed and processed by the Tax Department of Southern Methodist University. Upon receiving a written request, the University provides a copy of the requested documentation within 30 days from the date of receipt. If the request is made in person, the University provides the copies on the day of the request, unless unusual circumstances prevent this in which case the requested documentation is provided within five days after the date of the request.”

“The executive committee consists of the Chair, Vice Chair, immediate past chair, the President, representatives from the University Alumni Association, University Students Association, and the University Faculty Senate, and the chairs of each standing committee of the board of trustees. The executive committee has all the powers of the board of trustees except with regard to matters of policy which must be ratified by the full board of trustees.”

“Jeanne Phillips and Ray Hunt - Business relationship, R. Gerald Turner and Ray Hunt - Business relationship”

“The completed Form 990 is provided to the Audit Committee of the Board of Trustees at a regularly scheduled meeting sufficiently in advance of the filing deadline to enable a detailed and conscientious review by the Committee. All questions and concerns of the Audit Committee are addressed by the University and incorporated into the Form 990 as required. The Chair of the Audit Committee reports on this review to the full Board of Trustees at the next regular meeting of the Board of Trustees. The Chair of the Audit Committee instructs the members of the Board on how to access the Form 990 on a secure website and encourages any Trustee with questions to contact the Vice President for Business and Finance.”

“Enforcement of Conflicts Policy Pursuant to the SMU Conflict of Interest Policy relating to trustees, members of Board committees, executive officers, and deans, each covered person completes a conflict of interest disclosure form annually. These disclosures are reviewed by a Board of Trustees Conflicts Committee. The Committee reviews the material facts and decides whether such facts give rise to conflicts of interest and, if so, whether such conflicts of interest should be approved or disapproved. With respect to any other SMU employees with authority to sign contracts or who otherwise play a substantive role in the contract approval process for financial and other commercial commitments of the University, each such person must complete a conflict of interest disclosure form annually. These disclosures are reviewed by the General Counsel. Upon review of all material facts, the General Counsel must decide whether such facts give rise to conflicts of interest and, if so, whether such conflicts of interest should be approved or disapproved. The General Counsel provides a written report of all such determinations to the Board Conflicts Committee.”

“Compensation Process for Top Official Pursuant to the Compensation Committee Charter adopted by the SMU Board of Trustees - The Compensation Committee of the SMU Board of Trustees consists entirely of outside and independent members of the Board. The Committee makes compensation decisions based upon appropriate comparability data and includes the advice of an independent compensation consultant and contemporaneous documentation of the compensation decisions. The process occurs on an annual basis and was last undertaken in 2023 for FY24. The Compensation Committee has all of the powers of the full Board in matters of compensation of corporate officers; the compensation Committee must report any action taken by the Committee to the Board of Trustees at the Board's next meeting.”

“Compensation Process for other officers and key employees Pursuant to the Compensation Committee Charter adopted by the SMU Board of Trustees - The Compensation Committee of the SMU Board of Trustees consists entirely of outside and independent members of the Board. The Committee makes compensation decisions based upon appropriate comparability data and includes the advice of an independent compensation consultant and contemporaneous documentation of the compensation decisions. The process occurs on an annual basis and was last undertaken in 2023 for FY24. The Compensation Committee has all of the powers of the full Board in matters of compensation of corporate officers; the compensation Committee must report any action taken by the Committee to the Board of Trustees at the Board's next meeting.”

“The organization does not make its governing documents, conflict of interest policy and financial statements available to the public.”

“- Total Revenue: 45717219, Related or Exempt Function Revenue: 45717219, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“(Expenses $ 70,423,930 including grants of $)(Revenue $ 64,153,466) Organized Activities: Organized activities make available to the public various resources that exist within the University such as seminars, conferences and camps. It also includes auxiliiary activities that support educational activities such as bookstore, student housing, vending and food administration and independent operations.”