Pacific Lutheran University Inc.

“L. Allan belton is a paid employee of the organization and therefore is considered a non-independent board member.”

“The form 990 was prepared and reviewed by staff and an external accounting firm. The form was then provided and reviewed by the entire board before it was filed with the irs.”

“Pacific lutheran university annually requires board members and key employees to complete conflict of interest surveys. Any conflicts are documented to ensure proper oversight. Board members with conflicts are required to recuse themselves from proceedings.”

“The president's compensation is reviewed, approved and noted in minutes annually by the governance committee of the board.”

“All other positions are reviewed by supervisor. The director of human resources assembles and reviews comparable data from the industry.”

“Financial statements are posted on plu's website and governing documents are available upon request.”

“Academic instruction: plu offers 34 majors and 47 minors, as well as graduate and professional programs in business (marketing analytics and business administration), creative writing, education, marriage and family therapy, kinesiology, and nursing. The university helps more than 2,785 students from all faiths and backgrounds discern their vocations through coursework, mentorship and internships at world-class puget sound-area businesses and institutions. Plu seeks students from every possible background, all religions, all races, all socioeconomic groups, all sexual orientations, all ages, from all over the world. For the 2024-25 academic year, 56 percent of incoming first-year students are "first generation," coming from families where neither natural nor adoptive parents received a baccalaureate degree; 58 percent self-identify as students of color; 52 percent are pell grant-eligible; and 98 percent receive aid and scholarships. The first american university to have study away classes on all seven continents simultaneously, plu also is the first private university on the west coast to receive the prestigious senator paul simon award for campus internationalization. Plu hosts an emmy award-winning medialab; a macarthur award-winning detachment of army rotc; and more than 80 clubs and activities, including 18 varsity athletic teams in the northwest conference of ncaa division iii. The university has produced more than 109 fulbright scholars since 1975.”

“Academic support and student services: at plu, students are offered many support services, including academic assistance and advising, accommodations and accessibility services, career connections and campus ministry. Highlights of 2024-2025 included the use of ai chatbot to answer student questions 24/7 with human employee monitoring and followup and continuing development of wellness & health resources including food pantry and support services. The center for students (css) remains at the center of student support, directing students to support units across campus for help both with academic needs as well as personal support. The css directly can provide academic advising, degree planning, direction to tutoring/assignment help and career planning.”

“(Expenses $ 8,446,326 including grants of $)(Revenue $ 4,807,651) AUXILIARY ENTERPRISES: PLU OFFERS NINE RESIDENCE HALLS; EIGHT TRADITIONAL STYLE RESIDENCE HALLS AND ONE APARTMENT-STYLE COMPLEX. DURING THE 2024-25 ACADEMIC YEAR, ON-CAMPUS RESIDENTIAL STUDENTS SERVED 1,067 STUDENTS IN FALL AND SPRING SEMESTERS. PLUDELIVERED DINING SERVICES TO STUDENTS, FACULTY, STAFF AND THE NEIGHBORING COMMUNITY. WE ARE DEDICATED TO PROVIDING NUTRITIONALLY SOUND AND SUSTAINABLY SOURCED MEALS AT OUR MODERN DINING HALL, AT A NOTED RESTAURANT OPEN TO THE PUBLIC AND CAMPUS COMMUNITY, AND THROUGH SEVERAL CONVENIENT QUICK SERVE OPTIONS LOCATED ACROSS CAMPUS. DINING SERVICES IS A CAMPUS LEADER IN SUSTAINABLE INITIATIVES, OFFERS NUTRITION EDUCATION AND CULINARY ADVENTURE CLASSES, AVAILABLE TO EVERYONE. PLU HOSTED OVER 27,000 GUESTS ATTENDING APPROXIMATELY 60 NON-PLU CONFERENCES, CAMPS AND EVENTS DURING 2022-2023. CONFERENCES RANGE IN SIZE FROM ONE-DAY TRAININGS TO OVERNIGHT RETREATS; EDUCATION CONFERENCES; MUSIC CONCERTS; SPORTS CAMPS AND CLINICS. PLUS, HOSPITALITY SERVICES AND CAMPUS RESTAURANTS, INCLUDING THE CATERING DEPARTMENT, PROVIDES MEALS FOR MOST EVENTS AS WELL AS PLU FUNCTIONS. PLU RENTED RESIDENCE HALL ROOMS AND CAMPUS MEETING SPACES TO NEARLY 3,000 GUESTS OVER THE SPAN OF 2 MONTHS DURING THE SUMMER CONFERENCE SEASON.”

“CHANGE IN VALUE OF TRUST - 200981; UNREALIZED GAIN ON INTEREST RATE SWAP - -939058; Total - -738077;”