Biola University Inc.

“The committee on the president to the board of trustees serves as the university's compensation committee, comprised solely of independent directors, none of which have a conflict of interest with respect to the compensation arrangements. The committee develops, consistent with the organization's philosophy and principles, the annual performance goals and the criteria to be used in determining merit increases criteria for the president (ceo) and the vice presidents. The full board reviews and validates these compensation arrangements.”

“Executive Committee: The Board of Trustees shall appoint a permanent Committee Executive composed of the Chair, Vice-Chair and President, as ex-officio members and three or more At-Large Trustees. The Executive Committee shall have the authority to act for the Board.”

“The organization's senior director of financial management and reporting works closely with the outside accounting firm it engages to review the return. The final draft of form 990 is reviewed by the chief financial officer. Biola posts form 990, excluding schedule b, prior to filing, on a secure web site and informs the board of trustees that it is available for their review.”

“The director of human resources, in conjunction with the chief financial officer, is charged with monitoring proposed or ongoing transactions for conflicts of interest and addressing any potential or actual conflicts. Pursuant to the conflict of interest policy, an annual conflict of interest questionnaire, aimed at determining any family and business relationships and transactions or other transactions that may pose a potential conflict, is distributed to all covered persons (i .e. Board members, officers and executive leadership or key employees, if any).”

“The Independent Board of Trustees reviews and determines annually the compensation for the President. Comparing data from Association of Independent California Colleges and Universities is used in this analysis. The deliberation and decision are documented in the Board's minutes on September 14, 2018 for FY 2018-2019 .”

“While federal tax laws do not mandate that the organization's governing documents, conflict of interest policy, and financial statements be made available for public inspection, the organization makes its financial statements and conflicts of interest policy available on the university's website at www.biola.edu. The governing documents are available upon request.”

“(Expenses $ 29,207,208 including grants of $ 9,145,808)(Revenue $ 33,536,872) Other Program Services Form 990, Part III, Line 4d Christian Apologetics: This specialized graduate program (Master of Arts in Christian Apologetics) is an interdisciplinary degree that educates students to articulate and defend the great truths of the historic Christian faith from the standpoint of philosophy, history, Biblical studies, theology, and cultural studies. The Christian Apologetics department also offers special learning program and lectures for the public and churches, as well as a certificate program in the defense of the faith for lay people. Science and Religion: The Masters of Arts Degree in Science and Religion is designed to provide individuals with the essential background in theology, history, and philosophy necessary to integrate evangelical Christianity with modern science. The master's program relates to Christianity and the sciences is designed for Christian students who have basic training in a natural science. This program also offers advanced seminars that focus on current theological issues within specific scientific disciplines. COOK SCHOOL OF INTERCULTURAL STUDIES The Cook School of Intercultural Studies exists to equip students to communicate, live and work effectively in culturally diverse contexts, to make disciples of all peoples, and to impact the world for the Lord Jesus Christ. Our diverse faculty, with over a century of overseas and missionary experience in nearly 100 countries, equips students for careers in fields such as Anthropology, Bible Translation, Cross-Cultural Media, Development, International Business, Intercultural Education, Linguistics, Missions, and TESOL to mention a few. We offer two Ph.D. programs in Intercultural Education and Intercultural Studies, a Doctor of Intercultural Studies, six Master of Arts degree programs, and two Bachelor of Arts degrees in Intercultural Studies and in Anthropology. THE SCHOOL OF EDUCATION: The School of Education serves a diverse student body, consisting of more than 600 students when combining undergraduate, graduate, credential, permit, and certificate programs. Our fully-doctored, full-time faculty is comprised of outstanding professionals with decades of combined experience in classroom and administrative settings. At the undergraduate level, the School of Education is home to two majors: the Liberal Studies, Elementary Education major, which consistently ranks among the five most popular undergraduate majors at Biola, as well as the Liberal Studies, Multidisciplinary major. At the graduate level, the School of Education offers the Master of Arts in Teaching (M.A.T.), Master of Arts in Education (M.A.Ed.), the Master of Science in Special Education (M.S. SPED), and the Master of Science in Curriculum, Instruction, and Publication (M.S., CIP) Programs. Crowell School of Business The Crowell School of Business prepares students academically with a foundational business education while nurturing their Christian commitment through solid biblical integration in courses and contact with faculty and staff. Biola University, through its Crowell School of Business, is nationally accredited by the Association of Collegiate Business Schools and Programs to offer a Bachelor of Science in Business Administration degree with concentrations in the following: Business Analytics, International Business, Management, Marketing and Marketing-Management. In 2015, the Crowell School of Business introduced a Bachelor of Business Administration in Accounting degree. Each program is structured to give the student broad understanding of the social and economic environment in which Christian business persons function, and provides a common body of knowledge for students who elect this major. The mission of the Biola MBA Program is to provide advanced business study, integrating biblically based teaching to train and equip business professionals and developing faith, character, and a”

“Change in Split Interest Agreements - 854171; Asset Retirement Obligation - -83132;”

“Summer Session Summer Session provides students with the opportunity for a greater degree of flexibility in planning their total program. Students may enrich their course of study and reduce the overall time to completion or decrease their regular course load by careful selection of Summer Session courses. Visiting students find it refreshing to study in a different atmosphere and perhaps a different locale, and entering students find it helpful in gaining advanced standing. Courses may be applied to both the degree and the teaching credential programs. Instruction is offered in standard courses by the Biola faculty and capable visiting professors. Certain courses or workshops may be offered during Summer Session that are not listed in this catalog. These may be innovative courses created in response to current topics or specialized needs.”