Regis University

“FORM 990 REVIEW PROCESS: THE FORM 990 IS PREPARED BY A THIRD PARTY PREPARER. A COPY OF THE TAX RETURN IS EMAILED TO THE AUDIT and risk COMMITTEE OF THE BOARD FOR management REVIEW BEFORE FILING WITH THE IRS.”

“Conflict of interest policy: legal counsel for the university sends the conflict of interest policy to trustees, officers, key employees and managers requesting their signature on a form that indicates what conflicts of interests each may have and that they understand the policy. If a situation arises that could present a conflict of interest, the interested party shall make full disclosure of the relevant information to the university's general counsel. Upon the disclosure of a potential conflict, the person to whom the disclosure is made shall review the disclosure, determine the facts, and make an initial determination as to whether a conflict exists. If the reviewer determines that there is a conflict, the interested party must refrain from attending and participating in the deliberation and voting on those matters regarding which the interested party is involved in a conflict of interest, both at meetings of the board of directors and at any other decision-making body, committee, or division participating in the respective transaction or decision.”

“Compensation of the top management official: the president of regis university has taken a vow of poverty and thus does not directly receive income for his services. The university provides compensation and a stipend for benefits directly to the regis jesuit community. The compensation and benefits are determined by the board of trustees which is contemporaneously documented. Comparability data is derived from a sample of other universities and employee compensation and benefits specialists.”

“Compensation of other officers and key employees: compensation of other officers and key employees is established by a staffing committee with consultation from the central human resources department which is contemporaneously documented. Comparability data is derived from a sample of other universities and employee compensation and benefits specialists.”

“Documents available to the public: the organization's financial statements, conflict of interest policy, and governing documents are made available to the public upon request.”

“OTHER PROGRAM SERVICES: The mission of the College of Computer and Information Sciences is to deliver academic programs in an engaging learning environment that promotes social responsibility and a commitment to the common good challenging students to become leaders who make a difference in their chosen fields. Guided by our Jesuit Catholic Mission and Values, the College aspires to be the premier Colorado institution delivering innovative computer and information sciences education that promotes industry engagement and skills for careers that matter. Regis University's College of Contemporary Liberal Studies (CCLS) offers a values-centered Jesuit Catholic education specifically designed for the adult learner. Our students are working professionals, parents, and spouses seeking their bachelor's or master's degree from an accredited University that respects the balance between work, school, and family. We are proud of our reputation as a national leader in adult education, offering innovative online learning, multiple campus locations, mationally recognized curriculum, and dedicated and award-winning faculty. Backed by over 130 years of tradition and academic excellence, CCLS continues to make earning a respected degree accessible and affordable.”

“OTHER CHANGES IN NET ASSETS: change in value of interest rate swap (481,850) change in value of split interest trust agreement (221.761) total (703,614)”