Form990
Department of the TreasuryInternal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
MediumBullet Do not enter social security numbers on this form as it may be made public.
MediumBullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2018
Open to Public Inspection
A For the 2019 calendar year, or tax year beginning 06-01-2018 , and ending 05-31-2019
BCheck if applicable:
CName of organization
Baylor University
 
 
Doing business as
 
 
Number and street (or P.O. box if mail is not delivered to street address)
One Bear Place 97043
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Waco, TX767987043
D Employer identification number

74-1159753
E Telephone number

G Gross receipts $ 1,113,918,678
F Name and address of principal officer:
Linda Livingstone
One Bear Place 97096
Waco,TX767987096
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
www.baylor.edu
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:  
L Year of formation: 1845
M State of legal domicile: TX
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: The mission of Baylor University is to educate men and women for worldwide leadership and service by integrating academic excellence and Christian commitment within a caring community.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 40
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 31
5 Total number of individuals employed in calendar year 2018 (Part V, line 2a) ...... 5 10,368
6 Total number of volunteers (estimate if necessary) ............. 6 2,500
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a -10,834,316
b Net unrelated business taxable income from Form 990-T, line 34 ......... 7b 0
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 70,103,046 92,597,691
9 Program service revenue (Part VIII, line 2g) ......... 864,781,246 911,661,928
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 76,778,035 79,921,562
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 6,165,896 6,366,250
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 1,017,828,223 1,090,547,431
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 321,728,661 335,190,298
14 Benefits paid to or for members (Part IX, column (A), line 4)..... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 384,101,332 408,165,951
16a Professional fundraising fees (Part IX, column (A), line 11e) ..... 406,467 496,388
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet18,820,886    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 279,821,957 307,716,459
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 986,058,417 1,051,569,096
19 Revenue less expenses. Subtract line 18 from line 12....... 31,769,806 38,978,335
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 2,801,673,372 2,804,338,187
21 Total liabilities (Part X, line 26)............. 857,226,193 840,049,992
22 Net assets or fund balances. Subtract line 21 from line 20..... 1,944,447,179 1,964,288,195
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet
Signature of officer Date
JumboBullet
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's signature
Date
PTIN
Firm's name MediumBullet

Firm's EIN MediumBullet
Firm's address MediumBullet



Phone no.
May the IRS discuss this return with the preparer shown above? (see instructions) ..........
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y Form 990 (2018)
Form 990 (2018)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III..............
1
Briefly describe the organization’s mission: The mission of Baylor University is to educate men and women for worldwide leadership and service by integrating academic excellence and Christian commitment within a caring community.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? .....................
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ...........................
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 637,548,446 including grants of $ 326,115,974 ) (Revenue $ 699,455,738 )
Baylor University stands as one of the premier institutions of higher education in the world. Chartered in 1845 by the Republic of Texas and affiliated with the Baptist General Convention of Texas, the University is the oldest continuously operating institution of higher learning in the State of Texas. As part of fulfilling Baylor's mission of instructing and educating men and women for worldwide leadership and service, Baylor pursues initiatives such as lower student-faculty ratio (13:1), smaller class size (average class size is 26), research opportunities for undergraduates, and great facilities for learning and living. Baylor's more than 17,000 students typically come from all 50 states, the District of Columbia, and more than 91 countries around the world. The University offers 128 baccalaureate, 77 master's, 46 doctoral, numerous online graduate professional programs, the education specialist and the juris doctor degree programs through 13 academic units. The University also equips students with both knowledge and experience to pursue God's call to ministry by offering 3 master degrees and 2 doctorate degrees through Truett Seminary. Additionally, the University conducts graduate programs with the U.S. Army at several U.S. Army locations across the United States. Students find the best of a large university through exceptional breadth and depth of programs along with extraordinary personal attention for the individual student. Baylor students garner competitive scholarships such as Fulbright, Truman, Goldwater, Rotary, Critical Language, and National Science Foundation Graduate Fellowships. More than 90% of Baylor undergraduate students receive financial assistance. Named by The Chronicle of Higher Education as a "Great College to Work For" for the past eight years, Baylor consistently ranks in the top 100 national doctoral granting universities by U.S. News & World Report, as a "Best Buy" by The Fiske Guide to Colleges, and a "Best Value" by Kiplinger's Personal Finance.
4b (Code:   ) (Expenses $ 169,831,643 including grants of $ 7,248,152 ) (Revenue $ 63,422,551 )
BAYLOR UNIVERSITY'S STUDENT SERVICES AND ACTIVITIES CONTRIBUTE TO STUDENTS' SPIRITUAL, SOCIAL AND PHYSICAL WELL-BEING. STUDENT SERVICES AND ACTIVITIES INCLUDE AREAS SUCH AS CAREER GUIDANCE, JOB PLACEMENT UPON GRADUATION, ENROLLMENT MANAGEMENT, STUDENT FINANCIAL AID, STUDENT ACTIVITIES, STUDENT ORGANIZATIONS, INTRAMURALS, HEALTH CENTER, Beauchamp Addiction Recovery Center, AND INTERCOLLEGIATE ATHLETICS.
4c (Code:   ) (Expenses $ 60,404,890 including grants of $ 71,128 ) (Revenue $ 4,955,751 )
BAYLOR UNIVERSITY PROVIDES ACADEMIC SUPPORT SERVICES FOR THE PRIMARY MISSIONS OF INSTRUCTION, RESEARCH AND PUBLIC SERVICE. ACADEMIC SUPPORT SERVICES INCLUDE AREAS SUCH AS LIBRARIES, TECHNOLOGY SUPPORT, MUSEUMS AND SERVICES THAT DIRECTLY ASSIST INSTRUCTIONAL ACTIVITIES.
(Code:   ) (Expenses $ 64,548,655 including grants of $ 1,755,044 ) (Revenue $ 143,827,888 )
OTHER EXPENSES CONTAINED HEREIN ARE COMPRISED OF THE FOLLOWING: RESEARCH, PUBLIC SERVICES, AND AUXILIARY ENTERPRISES. BAYLOR ENGAGES IN RESEARCH WORK SPONSORED BY NUMEROUS FEDERAL, STATE, AND LOCAL AGENCIES AND PRIVATE ENTITIES. ADDITIONALLY, BAYLOR PROVIDES NON-INSTRUCTIONAL SERVICES THAT BENEFIT INDIVIDUALS AND GROUPS EXTERNAL TO BAYLOR. AUXILIARY ENTERPRISES ARE COMPRISED GENERALLY OF THE FOLLOWING ITEMS: RESIDENCE HALLS, DINING SERVICES, BOOKSTORE, RENTAL PROPERTIES AND VENDING SERVICES.
4d Other program services (Describe in Schedule O.)
(Expenses $ 64,548,655 including grants of $ 1,755,044 ) (Revenue $ 143,827,888 )
4e Total program service expensesMediumBullet932,333,634
Form 990 (2018)
Form 990 (2018)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule AClick to see attachment.....................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? Click to see attachment...
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I.............
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part IIClick to see attachment..............
4
Yes
 
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C, Part III.................
5
 
 
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part IClick to see attachment..................
6
Yes
 
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II...
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," complete Schedule D, Part IIIClick to see attachment.............
8
Yes
 
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IVClick to see attachment..............
9
Yes
 
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? If "Yes," complete Schedule D, Part VClick to see attachment......
10
Yes
 
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10?
If "Yes," complete Schedule D, Part VI.Click to see attachment...................
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIClick to see attachment.......
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII.......
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IX............
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part XClick to see attachment
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part XClick to see attachment
11f
Yes
 
12a
Did the organization obtain separate, independent audited financial statements for the tax year?
If "Yes," complete Schedule D, Parts XI and XII .................
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule EClick to see attachment
13
Yes
 
14a
Did the organization maintain an office, employees, or agents outside of the United States? .....
14a
Yes
 
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV.........Click to see attachment
14b
Yes
 
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV.....Click to see attachment
15
Yes
 
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...
16
 
No
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I(see instructions) ....Click to see attachment
17
Yes
 
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............ Click to see attachment
18
Yes
 
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................
19
 
No
20a
Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....
20a
 
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.....Click to see attachment
21
Yes
 
22
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........Click to see attachment
22
Yes
 
Form 990 (2018)
Form 990 (2018)
Page 4
Part IV
Checklist of Required Schedules (continued)
Yes
No
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............Click to see attachment
24a
Yes
 
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
No
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............
24c
 
No
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...
24d
 
No
25a
Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I............
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I...................
25b
 
No
26
Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons? If "Yes," complete Schedule L, Part II................Click to see attachment
26
Yes
 
27
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part III......... Click to see attachment
27
Yes
 
28
Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L,
Part IV........................
28a
 
No
b
A family member of a current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV.....................Click to see attachment
28b
Yes
 
c
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner? If "Yes," complete Schedule L, Part IV... Click to see attachment
28c
Yes
 
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..Click to see attachment
29
Yes
 
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .............Click to see attachment
30
Yes
 
31
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I.
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II...........
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I........Click to see attachment
33
Yes
 
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1.........................Click to see attachment
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ...Click to see attachment
35b
Yes
 
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2.............
36
 
No
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........
Yes
No
1a
Enter the number reported in Box 3 of Form 1096 Enter -0- if not applicable ..
1a
23,948
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
Form 990 (2018)
Form 990 (2018)
Page 5
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................
2a
10,368
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file (see instructions)
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...
3b
Yes
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..
4a
Yes
 
b
If "Yes," enter the name of the foreign country: MediumBulletSP , UK , CJ
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...
6a
 
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................
7a
Yes
 
b
If "Yes," did the organization notify the donor of the value of the goods or services provided? .....
7b
Yes
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................
7c
Yes
 
d
If "Yes," indicate the number of Forms 8282 filed during the year ....
7d
2
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................
7h
Yes
 
8
Sponsoring organizations maintaining donor advised funds.
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? .........................
8
 
 
9a
Did the sponsoring organization make any taxable distributions under section 4966?...
9a
 
 
b
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
Note. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....
13b
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
15
Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? If "Yes," see instructions and file Form 4720, Schedule N .....
15
Yes
 
16
Is the organization an educational institution subject to the section 4968 excise tax on net investment income?
If "Yes," complete Form 4720, Schedule O ................
16
 
No
Form 990 (2018)
Form 990 (2018)
Page 6
Part VI
Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year
1a
40
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent
1b
31
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
Yes
 
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
 
No
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................
7a
Yes
 
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
Yes
 
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .......................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
 
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
Yes
 
b
Describe in Schedule O the process, if any, used by the organization to review this Form 990. .....
12a
Did the organization have a written conflict of interest policy? If "No," go to line 13.......
12a
Yes
 
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe in Schedule O how this was done...................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions).
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
Yes
 
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
Yes
 
Section C. Disclosure
17
List the States with which a copy of this Form 990 is required to be filedMediumBullet
CO , GA , KY , AK , MD , MA , MI , NH , OH , OK , OR , SC
18
Section 6104 requires an organization to make its Form 1023 (or 1024-A if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, address, and telephone number of the person who possesses the organization's books and records:
MediumBulletSusan Anz700 S University Parks Dr Ste 670   Waco,TX767061003 (254) 710-3731
Form 990 (2018)
Form 990 (2018)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and Title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) Jeff D Reeter
 
Regent
 10.0
.................
0.5 		X           163 0 0
(2) C Clifton Robinson
 
Regent
 2.0
.................
0.5 		X           163 0 0
(3) Milton Hixson
 
Regent
 9.0
.................
  		X           494 0 0
(4) Mark A McCollum
 
Regent
 2.0
.................
  		X           163 0 0
(5) Jerry K Clements
 
Regent
 10.0
.................
  		X           163 0 0
(6) James Cary Gray
 
Regent
 5.0
.................
  		X           214 0 0
(7) Miles Jay Allison
 
Regent
 2.0
.................
  		X           163 0 0
(8) Philip W Stewart
 
Regent
 10.0
.................
  		X           150 0 0
(9) Jennifer Walker Elrod
 
Regent
 10.0
.................
  		X           163 0 0
(10) Joel T Allison
 
Regent
 5.0
.................
  		X           195 0 0
(11) WD Dan Hord III
 
Regent
 7.0
.................
  		X           174 0 5,000
(12) William K Robbins Jr
 
Regent
 5.0
.................
  		X           174 0 0
(13) Ronald L Wilson
 
Regent
 2.0
.................
  		X           182 0 0
(14) Kenneth Q Carlile
 
Regent
 2.0
.................
  		X           163 0 0
(15) Shelley Giglio
 
Regent
 5.0
.................
  		X           163 0 0
(16) Larry P Heard
 
Regent
 4.0
.................
  		X           184 0 0
(17) Randolph L Pullin
 
Regent
 8.0
.................
  		X           163 0 0
Form 990 (2018)
Form 990 (2018)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and Title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) Mark Hurd
 
Regent
 4.0
.......................   		X           174 0 0
(19) Neal Jeffrey
 
Regent
 7.0
.......................0.5 		X           286 0 0
(20) Mark E Lovvorn
 
Regent
 5.0
.......................   		X           174 0 0
(21) Dennis Ray Wiles
 
Regent
 2.0
.......................   		X           4,213 0 0
(22) William Bill S Simon
 
Regent
 2.0
.......................   		X           6,663 0 0
(23) Kim Stevens
 
Regent
 5.0
.......................1.0 		X           163 0 0
(24) Daniel H Chapman
 
Regent
 6.0
.......................   		X           163 0 0
(25) Mark Rountree
 
Regent
 10.0
.......................   		X           174 0 0
(26) Julie Hermansen Turner
 
Regent
 3.0
.......................   		X           163 0 0
(27) Gaynor Yancey
 
Regent
 40.0
.......................   		X           148,788 0 24,718
(28) Andrea Dixon
 
Regent
 60.0
.......................   		X           258,912 0 36,273
(29) William Brett Beene
 
Regent
 3.0
.......................   		X           406 0 15,000
(30) Jill Manning
 
Regent
 3.0
.......................   		X           163 0 0
(31) Drayton McLane Jr
 
Regent
 1.0
.......................   		X           613 0 0
(32) Melissa Purdy Mines
 
Regent
 4.0
.......................   		X           163 0 0
(33) Alicia DH Monroe
 
Regent
 1.0
.......................   		X           203 0 0
(34) Dusty Sanderson
 
Regent
 8.0
.......................   		X           163 0 0
(35) Gordon Wilkerson
 
Regent
 4.0
.......................   		X           195 0 0
(36) William L Cassara
 
Regent
 10.0
.......................   		X           402 0 34,597
(37) Katie Jo Luningham
 
Regent
 3.0
.......................   		X           121 0 0
(38) Rene Maciel
 
Regent
 3.0
.......................   		X           100 0 0
(39) Michael McFarland
 
Regent
 3.0
.......................   		X           4,600 0 0
(40) Todd A Reppert
 
Regent
 2.0
.......................   		X           110 0 0
(41) Marsha Duckworth
 
Senior Director for Board and Legal Services; Assistant Secretary
 50.0
.......................   		    X       109,096 0 20,410
(42) Kevin Jackson
 
Vice President for Student Life
 50.0
.......................   		    X       246,276 0 50,493
(43) Linda Livingstone
 
President
 70.0
.......................2.0 		    X       1,092,119 0 231,396
(44) Roy Brian Webb
 
Vice President & Chief Investment Officer
 50.0
.......................   		    X       820,707 0 47,735
(45) Felicia Cruz
 
Director of Legal International Services; Assistant Secretary
 40.0
.......................   		    X       63,229 0 15,335
(46) Gary Carini
 
Acting Vice Provost
 55.0
.......................   		    X       456,118 0 53,022
(47) Judy Carpenter
 
Dir. of Board & Presidential Operations & Assist. to President's Chief of Staff; Assist. Secretary
 45.0
.......................   		    X       71,889 0 26,107
(48) Chris Holmes
 
General Counsel & Chief Legal Officer and Corporate Secretary
 50.0
.......................   		    X       358,815 0 105,932
(49) Michelle Berry
 
Vice President for Academic Operations and Strategic Finance
 45.0
.......................   		    X       99,640 0 19,679
(50) Jason Cook
 
Vice President for Marketing & Communications and Chief Marketing Officer
 65.0
.......................1.0 		    X       354,115 0 51,923
(51) Darin Davis
 
Vice President for University Mission
 50.0
.......................   		    X       192,875 0 45,438
(52) Robyn Driskell
 
Chief of Staff to the President and Vice President for Board Relations
 50.0
.......................   		    X       249,050 0 27,138
(53) Cheryl Gochis
 
Vice President for Human Resources and Chief Human Resources Officer
 60.0
.......................   		    X       264,337 0 42,966
(54) Mack Rhoades IV
 
Vice President and Director of Athletics
 70.0
.......................   		    X       1,502,434 0 52,463
(55) Dave Rosselli
 
Vice President for University Development
 60.0
.......................1.0 		    X       428,920 0 50,643
(56) Susan Anz
 
Vice President for Financial Operations and Assistant Secretary
 55.0
.......................   		    X       247,700 0 104,258
(57) Gary Mortenson
 
Acting Vice Provost
 55.0
.......................   		    X       237,470 0 47,034
(58) Kristy Orr
 
Board Professional
 50.0
.......................   		    X       191,808 0 13,953
(59) Dave Clendennen
 
Asst Vice President for Financial Systems & Asst Treasurer (as of 07/1/18)
 55.0
.......................   		    X       157,358 0 36,193
(60) Brett Dalton
 
Chief Business Officer as of 7/1/2018
 60.0
.......................   		    X       283,236 0 34,721
(61) Nancy Brickhouse
 
Vice President and Provost (as of 5/1/19)
 60.0
.......................   		    X       0 0 0
(62) Lee Nordt
 
Dean of Arts & Sciences
 75.0
.......................   		      X     278,213 0 48,263
(63) Kim Mulkey
 
Head Women's Basketball Coach
 60.0
.......................   		        X   2,544,542 0 44,417
(64) Phillip Snow
 
Defensive Coordinator Football
 75.0
.......................   		        X   1,019,682 0 47,110
(65) Matthew Rhule
 
Head Football Coach
 75.0
.......................   		        X   3,622,491 0 50,757
(66) Scott Drew
 
Head Men's Basketball Coach
 70.0
.......................   		        X   3,299,877 0 50,757
(67) Jeffrey Nixon
 
Co-Offensive Coordinator Football
 75.0
.......................   		        X   605,088 0 53,407
(68) Muadianvita Kazadi
 
Former Associate Athletics Director for Athletic Performance
 0.0
.......................   		          X 750,000 0 0
(69) Todd Still
 
Interim Executive Vice President and Provost - Former Officer
 75.0
.......................   		          X 204,936 0 144,081
(70) KAREN E KEMP
 
INTERIM VICE PRESIDENT FOR MARKETING AND COMMUNICATIONS - Former Officer
 50.0
.......................   		          X 156,831 0 34,068
(71) DAVID GARLAND
 
INTERIM PRESIDENT - Former Officer
 50.0
.......................   		          X 134,487 0 118,422
(72) Tommye Lou Davis
 
Vice President for Constituent Engagement - Former Officer
 40.0
.......................   		          X 220,759 0 47,880
(73) Reagan Ramsower
 
Senior Vice President & Chief Operating Officer - Former Officer
 50.0
.......................   		          X 488,031 0 51,804
(74) Juan Alejandro Jr
 
Vice President of Governance & Risk - Former Officer
 0.0
.......................   		          X 121,680 0 18,775
(75) Michael McLendon
 
Interim Provost - Former Officer
 0.0
.......................   		          X 281,295 0 47,315
1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)...........MediumBullet 21,585,450 0 1,949,483
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization MediumBullet734
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............
3
Yes
 
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........
5
Yes
 
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
ARAMARK HIGHER EDUCATION FACILITIES

24818 NETWORK PLACE
CHICAGO,IL606731248 		FACILITY MAINTENANCE 39,759,118
ARAMARK CAMPUS SERVICES

PO BOX 840706
DALLAS,TX752840706 		DINING SERVICES 19,030,700
JT Vaughn Construction

10355 Westpark Drive
Houston,TX77042 		CONSTRUCTION SERVICES 5,825,118
EBSCO Publishing

Payment Processing Center
PO Box 204661
Dallas,TX753204661 		Library and Publishing Services 4,981,083
Mazanec Construction Company Inc

PO Box 154400
Waco,TX76715 		Construction Services 3,062,799
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet176
Form 990 (2018)
Form 990 (2018)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII.............
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512 - 514
Contributions, Gifts, GrantAmt and OtherAmt Similar Amounts 1a Federated campaigns..1a 0
b Membership dues..1b 17,373,992
c Fundraising events..1c 481,206
d Related organizations1d 0
e Government grants (contributions)1e 10,464,929
f All other contributions, gifts, grants, and similar amounts not included above1f 64,277,564
g Noncash contributions included in lines 1a - 1f:$ 8,114,088
h Total. Add lines 1a-1f.......MediumBullet 92,597,691
Program Service RevenueAmt Business Code
2a Tuition and Fees 611310 757,946,822 757,946,822 0 0
b Education and Grants 611310 28,719,726 28,565,890 153,836 0
c Room and Board 611310 43,015,294 43,015,294   0
d Government Contracts 611310 15,301,307 15,301,307 0 0
e Athletics 611310 54,933,267 53,457,424 421,553 1,054,290
f All other program service revenue. 11,745,512 10,880,754 599,204 265,554
g Total. Add lines 2a–2f ....MediumBullet 911,661,928
OtherAmtRevenueAmt 3 Investment income (including dividends, interest, and othersimilar amounts) ......MediumBullet 77,799,059 0 -15,505,804 93,304,863
4 Income from investment of tax-exempt bond proceedsMediumBullet 0 0 0 0
5 Royalties...........MediumBullet 6,043,802 0 35,629 6,008,173
(ii) Personal (i) Real
6a Gross rents 0 339,090
b Less: rental expenses 0 0
c Rental income or (loss) 0 339,090
d Net rental income or (loss)......MediumBullet 339,090 0 0 339,090
(ii) Other (i) Securities
7a Gross amount from sales of assets other than inventory 11,851,459 12,987,364
b Less: cost or other basis and sales expenses 10,833,038 11,883,282
c Gain or (loss) 1,018,421 1,104,082
d Net gain or (loss).....MediumBullet 2,122,503 0 3,461,266 -1,338,763
8a Gross income from fundraising events (not including $ 481,206of contributions reported on line 1c). See Part IV, line 18 ....
a 638,285
b Less: direct expenses ...b 654,927
c Net income or (loss) from fundraising events..MediumBullet -16,642 0 -16,642
9a Gross income from gaming activities.
See Part IV, line 19 ...
a 0
b Less: direct expenses ...b 0
c Net income or (loss) from gaming activities..MediumBullet 0 0 0 0
10a Gross sales of inventory, less
returns and allowances ..
a 0
b Less: cost of goods sold ..b 0
c Net income or (loss) from sales of inventory..MediumBullet 0 0 0 0
Business Code Miscellaneous Revenue
11a     0 0 0 0
b     0 0 0 0
c     0 0 0 0
d All other revenue .... 0 0 0 0
e Total. Add lines 11a–11d ...... MediumBullet 0
12 Total revenue. See Instructions......MediumBullet 1,090,547,431 909,167,491 -10,834,316 99,616,565
Form 990 (2018)
Form 990 (2018)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising expenses
1 Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 1,870,690 1,870,690
2 Grants and other assistance to domestic individuals. See Part IV, line 22 333,238,071 333,238,071
3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, line 15 and 16. 81,537 81,537
4 Benefits paid to or for members 0 0
5 Compensation of current officers, directors, trustees, and key employees .... 9,395,571 2,247,116 5,457,038 1,691,417
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .... 3,068,589 2,738,993 329,596 0
7 Other salaries and wages 314,349,040 296,510,868 9,017,852 8,820,320
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 27,117,701 22,726,006 3,483,066 908,629
9 Other employee benefits ....... 35,884,973 10,475,986 24,890,941 518,046
10 Payroll taxes ........... 18,350,077 15,221,093 2,527,656 601,328
11 Fees for services (non-employees):        
a Management ...... 653,329 575,685 77,644 0
b Legal ......... 4,007,105 4,773 4,002,332 0
c Accounting ........... 259,379 195 259,184 0
d Lobbying ........... 577,648 0 577,648 0
e Professional fundraising services. See Part IV, line 17 496,388 496,388
f Investment management fees ...... 6,274,207 0 6,274,207 0
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) 62,266,961 27,892,565 34,056,579 317,817
12 Advertising and promotion .... 3,860,735 2,190,119 1,642,570 28,046
13 Office expenses ....... 25,574,405 21,506,189 2,595,645 1,472,571
14 Information technology ...... 32,781,171 18,283,842 14,128,644 368,685
15 Royalties .. 338,094 325,155 12,939 0
16 Occupancy ........... 29,691,901 20,574,528 9,101,050 16,323
17 Travel ............ 26,656,575 24,929,458 956,501 770,616
18 Payments of travel or entertainment expenses for any federal, state, or local public officials . 0 0 0 0
19 Conferences, conventions, and meetings .... 11,049,891 7,854,422 1,436,675 1,758,794
20 Interest ........... 24,645,961 23,149,173 1,496,788 0
21 Payments to affiliates ....... 0 0 0 0
22 Depreciation, depletion, and amortization .. 60,858,044 56,518,865 3,696,005 643,174
23 Insurance ... 0 0 0 0
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a Change in Postretirement Benefits Obligation 4,808,626 0 4,808,626 0
b Allocation of Costs Reported in Mgmt and Admin 0 32,290,475 -32,657,934 367,459
c Unrelated Business Income Tax 500,268 0 500,268 0
d Cost of Goods Sold 4,111,482 2,727,513 1,381,753 2,216
e All other expenses 8,800,677 8,400,317 361,303 39,057
25 Total functional expenses. Add lines 1 through 24e 1,051,569,096 932,333,634 100,414,576 18,820,886
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet if following SOP 98-2 (ASC 958-720).        
Form 990 (2018)
Form 990 (2018)
Page 11
Part X
Balance Sheet
Check if Schedule O contains a response or note to any line in this Part IX..............
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash–non-interest-bearing ........ 2,729,076 1 1,626,954
2 Savings and temporary cash investments ......... 156,048,123 2 191,209,854
3 Pledges and grants receivable, net ...... 54,345,174 3 54,471,847
4 Accounts receivable, net ............. 65,197,377 4 51,380,126
5 Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L .............
0 5 0
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L ..............
  6 244,784
7 Notes and loans receivable, net .... 280,360 7 401,519
8 Inventories for sale or use ........ 926,418 8 578,367
9 Prepaid expenses and deferred charges ...... 6,427,112 9 17,009,653
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 1,729,455,046
b Less: accumulated depreciation 10b 617,184,266 1,148,900,494 10c 1,112,270,780
11 Investments—publicly traded securities . 10,988,860 11 9,397,066
12 Investments—other securities. See Part IV, line 11 ..... 1,345,957,490 12 1,357,115,402
13 Investments—program-related. See Part IV, line 11 .. 9,872,863 13 8,631,801
14 Intangible assets ............... 25 14 34
15 Other assets. See Part IV, line 11 ........... 0 15 0
16 Total assets. Add lines 1 through 15 (must equal line 34)... 2,801,673,372 16 2,804,338,187
Liabilities 17 Accounts payable and accrued expenses ..... 56,202,845 17 56,099,376
18 Grants payable ... 0 18 0
19 Deferred revenue ......... 137,061,271 19 123,441,013
20 Tax-exempt bond liabilities ......... 266,503,376 20 258,492,652
21 Escrow or custodial account liability. Complete Part IV of Schedule D 20,598 21 21,025
22 Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
persons. Complete Part II of Schedule L..   22 0
23 Secured mortgages and notes payable to unrelated third parties .. 3,638,451 23 3,173,314
24 Unsecured notes and loans payable to unrelated third parties .. 16,022,454 24 15,724,424
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D 377,777,198 25 383,098,188
26 Total liabilities. Add lines 17 through 25.. 857,226,193 26 840,049,992
Net Assets or Fund Balance Organizations that follow SFAS 117 (ASC 958), check here MediumBullet and complete lines 27 through 29, and lines 33 and 34.
27 Unrestricted net assets 793,459,641 27 799,655,430
28 Temporarily restricted net assets ........... 344,781,909 28 338,626,992
29 Permanently restricted net assets 806,205,629 29 826,005,773
Organizations that do not follow SFAS 117 (ASC 958), check here MediumBullet and complete lines 30 through 34.
30 Capital stock or trust principal, or current funds .....   30  
31 Paid-in or capital surplus, or land, building or equipment fund ...   31  
32 Retained earnings, endowment, accumulated income, or other funds   32  
33 Total net assets or fund balances ........... 1,944,447,179 33 1,964,288,195
34 Total liabilities and net assets/fund balances ........ 2,801,673,372 34 2,804,338,187
Form 990 (2018)
Form 990 (2018)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
1,090,547,431
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
1,051,569,096
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
38,978,335
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) ..
4
1,944,447,179
5
Net unrealized gains (losses) on investments ...............
5
-26,004,226
6
Donated services and use of facilities .................
6
0
7
Investment expenses .....................
7
0
8
Prior period adjustments .....................
8
0
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
6,866,907
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33, column (B))
10
1,964,288,195
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII.............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?
3a
Yes
 
b
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
Yes
 
Form 990 (2018)
Form 990 (2018)
Additional Data


Software ID: 18007697
Software Version: 2018v3.1
Form 990, Special Condition Description:
Special Condition Description
SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow Attach to Form 990 or Form 990-EZ.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2018
Open to Public
Inspection
Name of the organization
Baylor University
 
Employer identification number

74-1159753
Part I
Reason for Public Charity Status (All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)
1
2
3
4
5
6
7
8
9

10
11
12
a
b
c
d
e
f
Enter the number of supported organizations ...............................  
g
Provide the following information about the supported organization(s).
(i) Name of supported organization (ii) EIN (iii) Type of organization (described on lines 1- 10 above (see instructions)) (iv) Is the organization listed in your governing document? (v) Amount of monetary support (see instructions) (vi) Amount of other support (see instructions)
Yes No
Total
 
   
For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2018

Schedule A (Form 990 or 990-EZ) 2018
Page 2
Part II
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv), 170(b)(1)(A)(vi), and 170(b)(1)(A)(ix)
(Complete only if you checked the box on line 5, 7, 8, or 9 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2014 (b) 2015 (c) 2016 (d) 2017 (e) 2018 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. 106,328,092 92,733,411 76,704,741 70,103,046 92,597,691 438,466,981
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... 0 0 0 0 0 0
3 The value of services or facilities furnished by a governmental unit to the organization without charge.. 0 0 0 0 0 0
4 Total. Add lines 1 through 3 106,328,092 92,733,411 76,704,741 70,103,046 92,597,691 438,466,981
5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. 11,236,000
6 Public support. Subtract line 5 from line 4. 427,230,981
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2014 (b) 2015 (c) 2016 (d) 2017 (e) 2018 (f) Total
7 Amounts from line 4.. 106,328,092 92,733,411 76,704,741 70,103,046 92,597,691 438,466,981
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... 73,260,717 77,336,961 78,381,560 81,646,698 99,652,125 410,278,061
9 Net income from unrelated business activities, whether or not the business is regularly carried on.. 0 0 633,481 0 0 633,481
10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. 1,879,150 2,222,271 2,258,845 1,710,988 1,958,129 10,029,383
11 Total support. Add lines 7 through 10 859,407,906
12
12
4,134,831,539
13
First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here........................................right arrow
Section C. Computation of Public Support Percentage
14
14
49.71 %
15
15
51.45 %
16a
b
17a
b
18
Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow
Schedule A (Form 990 or 990-EZ) 2018

Schedule A (Form 990 or 990-EZ) 2018
Page 3
Part III
Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2014 (b) 2015 (c) 2016 (d) 2017 (e) 2018 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .            
2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose            
3 Gross receipts from activities that are not an unrelated trade or business under section 513 .....            
4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...            
5 The value of services or facilities furnished by a governmental unit to the organization without charge            
6 Total. Add lines 1 through 5            
7a Amounts included on lines 1, 2, and 3 received from disqualified persons            
b Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.            
c Add lines 7a and 7b..            
8 Public support. (Subtract line 7c from line 6.)  
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2014 (b) 2015 (c) 2016 (d) 2017 (e) 2018 (f) Total
9 Amounts from line 6...            
10a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..            
b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.            
c Add lines 10a and 10b.            
11 Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.            
12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..            
13 Total support. (Add lines 9, 10c, 11, and 12.)..            
14
Section C. Computation of Public Support Percentage
15
15
 
16
16
 
Section D. Computation of Investment Income Percentage
17
17
 
18
18
 
19a
b
20
Schedule A (Form 990 or 990-EZ) 2018

Schedule A (Form 990 or 990-EZ) 2018
Page 4
Part IV
Supporting Organizations
(Complete only if you checked a box on line 12 of Part I. If you checked 12a of Part I, complete Sections A and B. If you checked 12b of Part I, complete Sections A and C. If you checked 12c of Part I, complete Sections A, D, and E. If you checked 12d of Part I, complete Sections A and D, and complete Part V.)
Section A. All Supporting Organizations
Yes
No
1
Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.
1
 
 
2
Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).
2
 
 
3a
Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer (b) and (c) below.
3a
 
 
b
Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.
3b
 
 
c
Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.
3c
 
 
4a
Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked 12a or 12b in Part I, answer (b) and (c) below.
4a
 
 
b
Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.
4b
 
 
c
Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.
4c
 
 
5a
Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer (b) and (c) below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).
5a
 
 
b
Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?
5b
 
 
c
Substitutions only. Was the substitution the result of an event beyond the organization's control?
5c
 
 
6
Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.
6
 
 
7
Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990 or 990-EZ) .
7
 
 
8
Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7? If “Yes,” complete Part I of Schedule L (Form 990 or 990-EZ).
8
 
 
9a
Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.
9a
 
 
b
Did one or more disqualified persons (as defined in line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.
9b
 
 
c
Did a disqualified person (as defined in line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.
9c
 
 
10a
Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.
10a
 
 
b
Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).
10b
 
 
Schedule A (Form 990 or 990-EZ) 2018

Schedule A (Form 990 or 990-EZ) 2018
Page 5
Part IV
Supporting Organizations (continued)
Yes
No
11
Has the organization accepted a gift or contribution from any of the following persons?
a
A person who directly or indirectly controls, either alone or together with persons described in (b) and (c) below, the governing body of a supported organization?
11a
 
 
b
A family member of a person described in (a) above?
11b
 
 
c
A 35% controlled entity of a person described in (a) or (b) above? If “Yes” to a, b, or c, provide detail in Part VI.
11c
 
 
Section B. Type I Supporting Organizations
Yes
No
1
Did the directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.
1
 
 
2
Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.
2
 
 
Section C. Type II Supporting Organizations
Yes
No
1
Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).
1
 
 
Section D. All Type III Supporting Organizations
Yes
No
1
Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?
1
 
 
2
Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).
2
 
 
3
By reason of the relationship described in (2), did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.
3
 
 
Section E. Type III Functionally-Integrated Supporting Organizations
1
Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):
a
b
c
2
Activities Test. Answer (a) and (b) below.
Yes
No
a
Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.
2a
 
 
b
Did the activities described in (a) constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.
2b
 
 
3
Parent of Supported Organizations. Answer (a) and (b) below.
a
Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations? Provide details in Part VI.
3a
 
 
b
Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.
3b
 
 
Schedule A (Form 990 or 990-EZ) 2018

Schedule A (Form 990 or 990-EZ) 2018
Page 6
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations
1
Section A - Adjusted Net Income (A) Prior Year (B) Current Year
(optional)
1 Net short-term capital gain 1    
2 Recoveries of prior-year distributions 2    
3 Other gross income (see instructions) 3    
4 Add lines 1 through 3 4    
5 Depreciation and depletion 5    
6 Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) 6    
7 Other expenses (see instructions) 7    
8 Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) 8    
Section B - Minimum Asset Amount (A) Prior Year (B) Current Year
(optional)
1 Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): 1
a Average monthly value of securities 1a    
b Average monthly cash balances 1b    
c Fair market value of other non-exempt-use assets 1c    
d Total (add lines 1a, 1b, and 1c) 1d    
e Discount claimed for blockage or other factors
(explain in detail in Part VI):  
2 Acquisition indebtedness applicable to non-exempt use assets 2    
3 Subtract line 2 from line 1d 3    
4 Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). 4    
5 Net value of non-exempt-use assets (subtract line 4 from line 3) 5    
6 Multiply line 5 by .035 6    
7 Recoveries of prior-year distributions 7    
8 Minimum Asset Amount (add line 7 to line 6) 8    
Section C - Distributable Amount Current Year
1 Adjusted net income for prior year (from Section A, line 8, Column A) 1  
2 Enter 85% of line 1 2  
3 Minimum asset amount for prior year (from Section B, line 8, Column A) 3  
4 Enter greater of line 2 or line 3 4  
5 Income tax imposed in prior year 5  
6 Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) 6  
7
Schedule A (Form 990 or 990-EZ) 2018

Schedule A (Form 990 or 990-EZ) 2018
Page 7
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations (continued)
Section D - Distributions Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes  
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in
excess of income from activity		  
3 Administrative expenses paid to accomplish exempt purposes of supported organizations  
4 Amounts paid to acquire exempt-use assets  
5 Qualified set-aside amounts (prior IRS approval required)  
6 Other distributions (describe in Part VI). See instructions  
7Total annual distributions. Add lines 1 through 6.  
8 Distributions to attentive supported organizations to which the organization is responsive (provide
details in Part VI). See instructions		  
9 Distributable amount for 2018 from Section C, line 6  
10 Line 8 amount divided by Line 9 amount  
Section E - Distribution Allocations (see instructions) (i)
Excess Distributions 		(ii)
Underdistributions
Pre-2018 		(iii)
Distributable
Amount for 2018
1 Distributable amount for 2018 from Section C, line
6 		 
2 Underdistributions, if any, for years prior to 2018 (reasonable cause required-- explain in Part VI).
See instructions.		  
3 Excess distributions carryover, if any, to 2018:
a From 2013.......  
b From 2014.......  
c From 2015.......  
d From 2016.......  
e From 2017.......  
fTotal of lines 3a through e  
g Applied to underdistributions of prior years  
h Applied to 2018 distributable amount  
i Carryover from 2013 not applied (see
instructions) 		 
j Remainder. Subtract lines 3g, 3h, and 3i from 3f.  
4Distributions for 2018 from Section D, line 7:
$  
a Applied to underdistributions of prior years  
b Applied to 2018 distributable amount  
c Remainder. Subtract lines 4a and 4b from 4.  
5 Remaining underdistributions for years prior to
2018, if any. Subtract lines 3g and 4a from line 2.
If the amount is greater than zero, explain in Part VI.
See instructions.		  
6 Remaining underdistributions for 2018. Subtract
lines 3h and 4b from line 1. If the amount is greater
than zero, explain in Part VI. See instructions.		  
7 Excess distributions carryover to 2019. Add lines
3j and 4c.		  
8 Breakdown of line 7:
a Excess from 2014......  
b Excess from 2015.....  
c Excess from 2016.....  
d Excess from 2017.....  
e Excess from 2018.....  
Schedule A (Form 990 or 990-EZ) (2018)

Schedule A (Form 990 or 990-EZ) 2018
Page 8
Part VI
Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Return Reference Explanation
Schedule A, Part I Selection of Line 2 and Completion of Public Support Test Baylor University has been recognized as a school described in Section 170(b)(1)(A)(ii), and as such, Baylor has checked Box 2 on Schedule A, Part I and completed Schedule E. Baylor University also satisfies the Public Support Test as described under Box 7 on Schedule A, Part I. Baylor has elected to complete Schedule A, Part II in order to qualify for the special rule for reporting contributions on Schedule B.
Schedule A, Part II, Line 10 Other Income DESCRIPTION - SPONSORSHIP INCOME, COLUMN A - 1246503.0, COLUMN B - 1579446.0, COLUMN C - 1618351.0, COLUMN D - 1044670.0, COLUMN E - 1054290.0, COLUMN F - 6543260.0; DESCRIPTION - RENT INCOME, COLUMN A - 459003.0, COLUMN B - 0.0, COLUMN C - 246445.0, COLUMN D - 0.0, COLUMN E - , COLUMN F - 705448.0; DESCRIPTION - GROSS INCOME FROM FUNDRAISING EVENTS, COLUMN A - 173644.0, COLUMN B - 642825.0, COLUMN C - 394049.0, COLUMN D - 429050.0, COLUMN E - 638285.0, COLUMN F - 2277853.0; DESCRIPTION - COMMISSIONS, COLUMN A - 0.0, COLUMN B - 0.0, COLUMN C - 0.0, COLUMN D - 237268.0, COLUMN E - 265554.0, COLUMN F - 502822.0;
Schedule A (Form 990 or 990-EZ) 2018


Additional Data


Software ID: 18007697
Software Version: 2018v3.1
Schedule B
(Form 990, 990-EZ,
or 990-PF)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2018
Name of the organization
Baylor University
 
Employer identification number

74-1159753
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
Name of organization
Baylor University
  		Employer identification number
74-1159753
Part I
Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
RESTRICTED
 
 
 
 
  ,    

$ RESTRICTED


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
Page 3
Name of organization
Baylor University
  		Employer identification number

74-1159753
Part II
Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
Page 4
Name of organization
Baylor University
  		Employer identification number

74-1159753
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

Additional Data


Software ID: 18007697
Software Version: 2018v3.1
SCHEDULE C
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Political Campaign and Lobbying Activities

For Organizations Exempt From Income Tax Under section 501(c) and section 527

SchCMd Bullet Complete if the organization is described below. SchCMd Bullet Attach to Form 990 or Form 990-EZ.
SchCMd BulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2018
Open to Public
Inspection
If the organization answered "Yes" on Form 990, Part IV, Line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
Round Bullet Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
Round Bullet Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
Round Bullet Section 527 organizations: Complete Part I-A only.
If the organization answered "Yes" on Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
Round Bullet Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A. Do not complete Part II-B.
Round Bullet Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
If the organization answered "Yes" on Form 990, Part IV, Line 5 (Proxy Tax) (see separate instructions) or Form 990-EZ, Part V, line 35c (Proxy Tax) (see separate instructions), then
Round Bullet Section 501(c)(4), (5), or (6) organizations: Complete Part III.
Name of the organization
Baylor University
 
Employer identification number

74-1159753
Part I-A
Complete if the organization is exempt under section 501(c) or is a section 527 organization.

1
Provide a description of the organization’s direct and indirect political campaign activities in Part IV (see instructions for definition of “political campaign activities")

2
Political campaign activity expenditures (see instructions) ....................................................................SchCMd Bullet
$  
3
Volunteer hours for political campaign activities (see instructions) ..................................................................
 

Part I-B
Complete if the organization is exempt under section 501(c)(3).
1
Enter the amount of any excise tax incurred by the organization under section 4955 ................................SchCMd Bullet
$  
2
Enter the amount of any excise tax incurred by organization managers under section 4955 .......................SchCMd Bullet
$  
3
If the organization incurred a section 4955 tax, did it file Form 4720 for this year? .........................................
4a
Was a correction made? ......................................................................................................................
b
If "Yes," describe in Part IV.
Part I-C
Complete if the organization is exempt under section 501(c), except section 501(c)(3).
1
Enter the amount directly expended by the filing organization for section 527 exempt function activities ..... SchCMd Bullet
$  
2
Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function activities ............................................................................................................................SchCMd Bullet

$  
3
Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b...........SchCMd Bullet

$  
4
Did the filing organization file Form 1120-POL for this year? ...................................................................
5
Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization’s funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.
(a) Name (b) Address (c) EIN (d) Amount paid from filing organization's funds. If none, enter -0-. (e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.
1
2
3
4
5
6
For Paperwork Reduction Act Notice, see the instructions for Form 990 or 990-EZ.
Cat. No. 50084S
Schedule C (Form 990 or 990-EZ) 2018

Schedule C (Form 990 or 990-EZ) 2018
Page 2
Part II-A
Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)).
A Check SchCMd Bulletexpenses, and share of excess lobbying expenditures).
B Check SchCMd Bullet
Limits on Lobbying Expenditures
(The term "expenditures" means amounts paid or incurred.) 		(a) Filing
organization's
totals 		(b) Affiliated group totals
1a Total lobbying expenditures to influence public opinion (grass roots lobbying) ......................    
b Total lobbying expenditures to influence a legislative body (direct lobbying) ...............................    
c Total lobbying expenditures (add lines 1a and 1b) ...................................................................    
d Other exempt purpose expenditures ........................................................................    
e Total exempt purpose expenditures (add lines 1c and 1d) ...............................................    
f Lobbying nontaxable amount. Enter the amount from the following table in both
columns.		    
If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:
Not over $500,00020% of the amount on line 1e.
Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.
Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.
Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.
Over $17,000,000$1,000,000.
g Grassroots nontaxable amount (enter 25% of line 1f) .................................................    
h Subtract line 1g from line 1a. If zero or less, enter -0-. ................................................    
i Subtract line 1f from line 1c. If zero or less, enter -0-. ................................................    
j If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting
section 4911 tax for this year? ...................................................................................................................

4-Year Averaging Period Under section 501(h)
(Some organizations that made a section 501(h) election do not have to complete all of the five
columns below. See the separate instructions for lines 2a through 2f.)
Lobbying Expenditures During 4-Year Averaging Period
Calendar year (or fiscal year
beginning in) 		(a) 2015 (b) 2016 (c) 2017 (d) 2018 (e) Total
2a Lobbying nontaxable amount          
b Lobbying ceiling amount
(150% of line 2a, column(e)) 		 
c Total lobbying expenditures          
d Grassroots nontaxable amount          
e Grassroots ceiling amount
(150% of line 2d, column (e))		  
f Grassroots lobbying expenditures          
Schedule C (Form 990 or 990-EZ) 2018


Schedule C (Form 990 or 990-EZ) 2018
Page 3
Part II-B
Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)).
For each "Yes" response on lines 1a through 1i below, provide in Part IV a detailed description of the lobbying activity.
(a)
No
Yes
(b)
Amount
1
During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of:
a
Volunteers? ...........................................................................................................
Yes
 
b
Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ........
Yes
 
c
Media advertisements? ...................................................................................................
 
No
 
d
Mailings to members, legislators, or the public? .............................................................................
Yes
 
0
e
Publications, or published or broadcast statements? ...........................................................
 
No
 
f
Grants to other organizations for lobbying purposes? ..........................................................
Yes
 
349,825
g
Direct contact with legislators, their staffs, government officials, or a legislative body? .......................
Yes
 
227,823
h
Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ..................
 
No
 
i
Other activities? ...................................................................................................................
Yes
 
0
j
Total. Add lines 1c through 1i ....................................................................................................
577,648
2a
Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....
 
No
b
If "Yes," enter the amount of any tax incurred under section 4912 ...........................................
 
c
If "Yes," enter the amount of any tax incurred by organization managers under section 4912 ...................
 
d
If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? ........................
 
 
Part III-A
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).
Yes
No
1
Were substantially all (90% or more) dues received nondeductible by members? ...............................................
1
 
 
2
Did the organization make only in-house lobbying expenditures of $2,000 or less? ............................................
2
 
 
3
Did the organization agree to carry over lobbying and political expenditures from the prior year? .................................
3
 
 
Part III-B
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No" OR (b) Part III-A, line 3, is answered “Yes."
1
Dues, assessments and similar amounts from members ......................................................................
1
 
2
Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political expenses for which the section 527(f) tax was paid).
a
Current year .............................................................................................................................
2a
 
b
Carryover from last year ............................................................................................................
2b
 
c
Total ...........................................................................................................................................
2c
 
3
Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .
3
 
4
If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? ......................................................................................................................
4
 
5
Taxable amount of lobbying and political expenditures (see instructions) .........................................
5
 
Part IV
Supplemental Information
Provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, line 5; Part II-A (affiliated group list); Part II-A, lines 1 and 2 (see instructions), and Part ll-B, line 1. Also, complete this part for any additional information.
Return Reference Explanation
Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY INSTITUTIONAL LOBBYING ACTIVITIES WERE DIRECTED BOTH INTERNALLY AND BY AN OUTSIDE GOVERNMENTAL RELATIONS FIRM AND TWO INDEPENDENT CONTRACTORS. THE OFFICE OF GOVERNMENTAL RELATIONS MAINTAINED CONTACT WITH LOCAL, STATE, AND FEDERAL OFFICIALS THROUGH MEETINGS IN WACO, AUSTIN, AND WASHINGTON, D.C. TO DISCUSS MATTERS RELATING TO HIGHER EDUCATION, INCLUDING STUDENT FINANCIAL AID, TAX POLICY, FEDERAL RESEARCH FUNDING, STATE FUNDING FOR DEVELOPMENT OF TECHNOLOGICAL INFRASTRUCTURE, AND MISCELLANEOUS LOCAL MATTERS. A VOLUNTEER STUDENT ORGANIZATION, THE BAYLOR AMBASSADORS, WORKED CLOSELY WITH THE OFFICE OF GOVERNMENTAL RELATIONS AND ASSISTED IN ADVOCATING TO THE STATE LEGISLATURE AND U.S. CONGRESS ON ISSUES BENEFICIAL TO BAYLOR STUDENTS SUCH AS FINANCIAL AID PROGRAMS. THE UNIVERSITY ALSO HIRED AN OUTSIDE REGISTERED GOVERNMENTAL RELATIONS REPRESENTATIVE IN WASHINGTON, D.C. THIS REPRESENTATIVE ENGAGED IN SIMILAR ACTIVITIES NOTED ABOVE. BAYLOR ANSWERED "YES" ON LINE 1D AS THE UNIVERSITY DID SEND E-MAILS; HOWEVER, THE UNIVERSITY REPORTED AN EXPENSE OF ZERO DUE TO THE DIFFICULTY OF APPORTIONING THE INSIGNIFICANT COSTS ASSOCIATED WITH SUCH E-MAILINGS. BAYLOR ANSWERED "YES" ON LINE 1I AS BAYLOR PAID MEMBERSHIP DUES TO THE INDEPENDENT COLLEGES AND UNIVERSITIES OF TEXAS, THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES, THE AMERICAN COUNCIL ON EDUCATION AND THE NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS IN THE AMOUNT OF $204,280 DURING THE FISCAL YEAR. THESE DUES WERE PAID TO ORGANIZATIONS WHICH MAY HAVE ENGAGED IN SOME LOBBYING ACTIVITIES. HOWEVER, NO DUES WERE SPECIFICALLY ALLOCATED TO LOBBYING COSTS ON THE INVOICES RECEIVED FOR ALL OF THE ENTITIES EXCEPT THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES (NAICU). NAICU ESTIMATED THAT 7 PERCENT OF MEMBERSHIP DUES WOULD BE USED FOR LOBBYING. THE TOTAL AMOUNT SPENT BY BAYLOR ON LOBBYING ACTIVITIES REPRESENTED AN INSIGNIFICANT PORTION OF THE UNIVERSITY'S TOTAL EXPENDITURES.
Schedule C (Form 990 or 990EZ) 2018


Additional Data


Software ID: 18007697
Software Version: 2018v3.1

SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet Attach to Form 990.
SchDMd Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2018
Open to Public Inspection
Name of the organization
Baylor University
 
Employer identification number

74-1159753
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .........   9
2 Aggregate value of contributions to (during year)   7,530
3 Aggregate value of grants from (during year)   147,544
4 Aggregate value at end of year ........   3,762,363
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................
Part II
Conservation Easements. Complete if the organization answered "Yes" on Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ...................... 2a  
b Total acreage restricted by conservation easements .................... 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 7/25/06, and not on a historic structure listed in the National Register ... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............
6
Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................
9
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:
(i)
Revenue included on Form 990, Part VIII, line 1 .........................SchDMd Bullet $ 406,908
(ii)
Assets included in Form 990, Part X ...............................SchDMd Bullet $ 13,946,398
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:
a
Revenue included on Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D
Schedule D (Form 990) 2018

Schedule D (Form 990) 2018
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b If "Yes," explain the arrangement in Part XIII and complete the following table: Amount
c Beginning balance ............................. 1c  
d Additions during the year ............................ 1d  
e Distributions during the year .......................... 1e  
f Ending balance ................................ 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...
b
If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....
Part V
Endowment Funds. Complete if the organization answered "Yes" on Form 990, Part IV, line 10.
(a)Current year (b)Prior year (c)Two years back (d)Three years back (e)Four years back
1a Beginning of year balance .... 1,310,781,136 1,231,712,087 1,153,535,478 1,165,548,650 1,151,200,304
b Contributions ... 25,656,753 16,756,323 19,132,704 27,079,412 25,809,870
c Net investment earnings, gains, and losses 55,921,600 129,408,320 124,774,674 25,227,535 46,784,813
d Grants or scholarships ... 29,163,738 28,020,367 26,758,089 25,512,574 23,296,281
e Other expenditures for facilities
and programs ... 		40,374,307 39,075,227 38,972,680 38,807,545 34,950,056
f Administrative expenses .... 0 0 0 0 0
g End of year balance ...... 1,322,821,444 1,310,781,136 1,231,712,087 1,153,535,478 1,165,548,650
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment SchDMd Bullet20 %
b
Permanent endowment SchDMd Bullet64 %
c
Temporarily restricted endowment SchDMd Bullet16 %
The percentages on lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) unrelated organizations .................
3a(i)
Yes
 
(ii) related organizations .................
3a(ii)
Yes
 
b
If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
Yes
 
4
Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis
(investment) 		(b) Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land ..... 5,486,704 79,300,350 84,787,054
b Buildings ....   1,289,564,625 403,694,212 885,870,413
c Leasehold improvements   1,336,174 996,375 339,799
d Equipment ....   166,406,454 120,154,949 46,251,505
e Other .....   187,360,739 92,338,730 95,022,009
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..SchDMdBullet 1,112,270,780
Schedule D (Form 990) 2018

Schedule D (Form 990) 2018
Page 3
Part VII
Investments—Other Securities. Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1) Financial derivatives.........    
(2) Closely-held equity interests........ 1,500,093 F
(3) Other
(A) High Ground Managed Funds		 149,960,587 F

(B) Assets Held by Others		 43,534,410 F

(C) Baylor University Fund		 1,161,923,436 F

(D) Other		 196,876 F
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)Small Bullet 1,357,115,402
Part VIII
Investments—Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
Part X
Other Liabilities. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
(1) Federal income taxes  
Conditional Asset Retirement Obligation 4,905,331
Annuities Payable 5,398,696
Accrued Postretirement Benefits 50,148,052
Taxable Bonds 311,038,575
Interest Rate Swap Liability 4,002,862
Federal Loan Funds Refundable 7,604,672
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet 383,098,188
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII
Schedule D (Form 990) 2018

Schedule D (Form 990) 2018
Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements ....... 1  
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains (losses) on investments .... 2a  
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d ..................... 2e  
3 Subtract line 2e from line 1.................. 3  
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a  
b Other (Describe in Part XIII.) ........... 4b  
c Add lines 4a and 4b.................... 4c  
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5  
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements ........... 1  
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities ......... 2a  
b Prior year adjustments ............ 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d.................... 2e  
3 Subtract line 2e from line 1................... 3  
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a  
b Other (Describe in Part XIII.) ............ 4b  
c Add lines 4a and 4b..................... 4c  
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5  
Part XIII
Supplemental Information
Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
Return Reference Explanation
Schedule D, Part III, Line 4 Collections of art - description of collections Baylor currently holds collections of art, books, and other memorabilia for educational purposes, including public exhibition and scholarly research.
Schedule D, Part IV, Line 2b Explanation of escrow agreement The funds held represent the University acting in an agency capacity for various student and professional organizations, as well as outside scholarships.
Schedule D, Part V, Line 4 Intended uses of endowment funds The primary objective of the Endowment portfolio is to preserve and enhance the real purchasing power of the portfolio assets to help maintain intergenerational equity of the corpus. This will occur while also providing reasonable annual support to Baylor.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote TAX STATUS & ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES The University is exempt from income tax under section 501(a) of the Internal Revenue Code ("IRC") of 1986, as amended, as an organization described in section 501(c)(3) of the IRC as evidenced by its most recent determination letter dated May 23, 2002. The University has been classified as an organization that is not a private foundation because it qualifies under section 509(a)(1) as an educational institution, and donations to it qualify for deduction as charitable contributions. However, income generated from activities unrelated to the University's exempt purpose is subject to tax under IRC section 511. The University files unrelated business income tax and other returns as required by government authorities. Tax positions taken relating to the University's tax-exempt status, unrelated business income activities taxable income and deductibility of expenses, and other miscellaneous tax positions taken by the University would more likely than not be sustained by examination. Accordingly, the University has not recorded an income tax liability for uncertain tax benefits. As of May 31, 2019, the University's tax years ended May 31, 2016 through 2019, generally, remain subject to examination.
Schedule D (Form 990) 2018


Additional Data


Software ID: 18007697
Software Version: 2018v3.1




SCHEDULE E(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Schools

Right pointing arrow large image Complete if the organization answered "Yes" on Form 990,
Part IV, line 13, or Form 990-EZ, Part VI, line 48.
Right pointing arrow large image Attach to Form 990 or Form 990-EZ.
Right pointing arrow large image Go to www.irs.gov/Form990EZ for instructions and the latest information.
OMB No. 1545-0047 2018Open to Public Inspection
Name of the organization
Baylor University
 
Employer identification number

74-1159753
Part I
YES
NO
1
Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws,
other governing instrument, or in a resolution of its governing body? . . . . . . . . . . . . . . . . . . .
1
Yes
 
2
Does the organization include a statement of its racially nondiscriminatory policy toward students in all its
brochures, catalogues, and other written communications with the public dealing with student admissions,
programs, and scholarships? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
Yes
 
3
Has the organization publicized its racially nondiscriminatory policy through newspaper or broadcast media during
the period of solicitation for students, or during the registration period if it has no solicitation program, in a way
that makes the policy known to all parts of the general community it serves? If "Yes," please describe. If "No,"
please explain. If you need more space use Part II. . . . . . . . . . . . . . . . . . . . . . . . .
3
Yes
 
 
4
Does the organization maintain the following?
a
Records indicating the racial composition of the student body, faculty, and administrative staff? . . . . . . . . .
4a
Yes
 
b
Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory
basis? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4b
Yes
 
c
Copies of all catalogues, brochures, announcements, and other written communications to the public dealing
with student admissions, programs, and scholarships? . . . . . . . . . . . . . . . . . . . . . . .
4c
Yes
 
d
Copies of all material used by the organization or on its behalf to solicit contributions? . . . . . . . . . . . .
4d
Yes
 
If you answered "No" to any of the above, please explain. If you need more space, use Part II.
 
5
Does the organization discriminate by race in any way with respect to:
a
Students' rights or privileges? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5a
 
No
b
Admissions policies? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5b
 
No
c
Employment of faculty or administrative staff? . . . . . . . . . . . . . . . . . . . . . . . . .
5c
 
No
d
Scholarships or other financial assistance? . . . . . . . . . . . . . . . . . . . . . . . . . .
5d
 
No
e
Educational policies? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5e
 
No
f
Use of facilities? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5f
 
No
g
Athletic programs? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5g
 
No
h
Other extracurricular activities? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5h
 
No
If you answered "Yes" to any of the above, please explain. If you need more space, use Part II.
 
6a
Does the organization receive any financial aid or assistance from a governmental agency? . . . . . . . . . .
6a
Yes
 
b
Has the organization's right to such aid ever been revoked or suspended? . . . . . . . . . . . . . . . .
6b
 
No
If you answered "Yes" to either line 6a or line 6b, explain on Part II.
7
Does the organization certify that it has complied with the applicable requirements of sections 4.01 through 4.05
of Rev. Proc. 75-50, 1975-2 C.B. 587, covering racial nondiscrimination? If "No," explain on Part II. . . . . . . . .
7
Yes
 
Paperwork Reduction Act Notice, see the Instructions for Form 990 or Form 990-EZ.
Cat. No. 50085D
Schedule E (Form 990 or 990-EZ) (2018)
Schedule E (Form 990 or 990EZ) (2018)
Page 2
Part II
Supplemental Information. Provide the explanations required by Part I, lines 3, 4d, 5h, 6b, and 7, as applicable. Also provide
any other additional information (see instructions).
Return Reference Explanation
Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY The University's nondiscrimination policy is disclosed in the admission application material and financial aid material provided to each prospective student. The University draws students both from large geographic sections of the United States and internationally and enrolls meaningful numbers of minority students.
Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT The University is a participant in student financial aid programs such as the Federal Perkins Loan, Federal PELL Grant, Federal Supplemental Educational Opportunity Grant, Federal GEAR UP, Federal Work Study, Texas Tuition Equalization Grant, and receives federal and state funding for research grants and contracts.
Schedule E (Form 990 or 990-EZ) (2018)
Additional Data


Software ID: 18007697
Software Version: 2018v3.1
SCHEDULE F(Form 990)
Department of the Treasury
Internal Revenue Service
Statement of Activities Outside the United States
Right pointing arrow large image Complete if the organization answered "Yes" to Form 990, Part IV, line 14b, 15, or 16.Right pointing arrow large image Attach to Form 990.Right pointing arrow large image Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2018
Open to Public Inspection
Name of the organization
Baylor University
 
Employer identification number

74-1159753
Part I
General Information on Activities Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 14b.
1
For grantmakers. Does the organization maintain records to substantiate the amount of its grants and
other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used
to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . .
2
For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.
3
Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)
(a) Region (b) Number of offices in the region (c) Number of employees, agents, and independent contractors in region (d) Activities conducted in region (by type) (e.g., fundraising, program services, investments, grants to recipients located in the region) (e) If activity listed in (d) is a program service, describe specific type of
service(s) in region		 (f) Total expenditures
for and investments
in region
Central America and the Caribbean 0 0 Program Services STUDY ABROAD PROGRAMS/STUDENT GROUP TRIPS 176,547
Central America and the Caribbean 0 0 Program Services MISSION TRIPS 315,869
Central America and the Caribbean 0 0 Program Services EXCHANGE/AFFILIATION PROGRAMS 10,641
Central America and the Caribbean 0 0 Program Services SITE VISITS 7,830
Central America and the Caribbean 0 0 Program Services CONFERENCE/PAPER PRESENTATION/RESEARCH/TRAINING 34,835
Central America and the Caribbean 0 0 Program Services INTERNATIONAL RECRUITMENT 5,351
East Asia and the Pacific 0 0 Program Services STUDY ABROAD PROGRAMS/STUDENT GROUP TRIPS 344,560
East Asia and the Pacific 0 0 Program Services EXCHANGE/AFFILIATION PROGRAMS 56,381
East Asia and the Pacific 0 0 Program Services CONFERENCE/PAPER PRESENTATION/RESEARCH/TRAINING 116,994
East Asia and the Pacific 0 0 Program Services SITE VISIT 8,194
East Asia and the Pacific 0 0 Program Services INTERNATIONAL RECRUITMENT 28,228
East Asia and the Pacific 0 0 Investments   7,432,358
Europe (Including Iceland and Greenland) 0 0 Program Services STUDY ABROAD PROGRAMS/STUDENT GROUP TRIPS 6,633,646
Europe (Including Iceland and Greenland) 0 0 Program Services EXCHANGE/AFFILIATION PROGRAMS 778,873
Europe (Including Iceland and Greenland) 0 0 Program Services CONFERENCE/PAPER PRESENTATION/RESEARCH/TRAINING/MEETINGS 431,126
Europe (Including Iceland and Greenland) 0 0 Program Services BU PRESS AUTHOR MEETINGS 14,532
Europe (Including Iceland and Greenland) 0 0 Program Services SITE VISITS 35,314
Europe (Including Iceland and Greenland) 0 0 Program Services INTERNATIONAL RECRUITMENT 7,768
Europe (Including Iceland and Greenland) 0 0 Program Services ATTEND EDUCATIONAL BOOK FAIR 13,298
Europe (Including Iceland and Greenland) 0 0 Program Services SABBATICAL 8,625
Europe (Including Iceland and Greenland) 0 0 Investments   18,783,568
Middle East and North Africa 0 0 Program Services STUDY ABROAD PROGRAMS/STUDENT GROUP TRIPS 90,754
Middle East and North Africa 0 0 Program Services INTERNATIONAL RECRUITMENT 8,803
North America (Canada & Mexico only) 0 0 Program Services CONFERENCE/PAPER PRESENTATION/RESERCH/TRAINING 139,272
North America (Canada & Mexico only) 0 0 Program Services MISSION TRIPS 29,090
North America (Canada & Mexico only) 0 0 Program Services ATHLETICS - COMPETITION 72,468
North America (Canada & Mexico only) 0 0 Investments   705,788
Russia and Neighboring States 0 0 Program Services EXCHANGE/AFFILIATION PROGRAMS 2,500
South America 0 0 Program Services STUDY ABROAD PROGRAMS/STUDENT GROUP TRIPS 373,963
South America 0 0 Program Services ACADEMIC COMPETITION 5,902
South America 0 0 Program Services CONFERENCE/PAPER PRESENTATION/RESEARCH/TRAINING 16,344
South America 0 0 Program Services INTERNATIONAL RECRUITMENT 3,900
Europe (Including Iceland and Greenland) 0 0 Program Services Commissions for BU Press Sales 7,028
South Asia 0 0 Program Services CONFERENCE/PAPER PRESENTATION/RESEARCH/TRAINING 6,974
South Asia 0 0 Program Services MISSION TRIPS 38,586
Sub-Saharan Africa 0 0 Program Services STUDY ABROAD PROGRAMS/STUDENT GROUP TRIPS 89,961
Sub-Saharan Africa 0 0 Program Services MISSION TRIPS 469,275
Sub-Saharan Africa 0 0 Program Services CONFERENCE/PAPER PRESENTATION/RESEARCH/TRAINING 32,204
Central America and the Caribbean 0 0 Investments   299,775,588
Sub-Saharan Africa 0 0 Program Services ATHLETICS - MBB COACHES CONVENTION 3,266
East Asia and the Pacific 0 1 Program Services COMMISSIONS FOR BU PRESS SALES 365
South America 0 0 Investments   1,170
Middle East and North Africa 0 0 Program Services CONFERENCES/RESEARCH 13,287
Central America and the Caribbean 0 0 Program Services ATHLETICS - RECRUITING 8,231
South America 0 0 Program Services ATHLETICS - RECRUITING 9,803
Middle East and North Africa 0 0 Program Services SITE/PARTNER VISIT 437
Europe (Including Iceland and Greenland) 0 0 Program Services MUSIC PERFORMANCE AND COMPETITION 8,600
Europe (Including Iceland and Greenland) 0 0 Program Services ATHLETICS - RECRUITING 71,666
Europe (Including Iceland and Greenland) 0 0 Program Services MISSIONS 157,941
North America (Canada & Mexico only) 0 0 Program Services ATHLETICS - RECRUITING 8,917
East Asia and the Pacific 0 1 Program Services COMMISSIONS FOR ADMISSIONS RECRUITING 53,708
Russia and Neighboring States 0 0 Program Services CONFERENCE/RESEARCH 9,098
South Asia 0 0 Grantmaking   81,537
Central America and the Caribbean 0 0 Program Services MUSICAL PERFORMANCE 797
East Asia and the Pacific 0 0 Program Services FELLOWSHIP 3,857
East Asia and the Pacific 0 0 Program Services MISSION TRIPS 24,336
East Asia and the Pacific 0 0 Program Services ATHLETICS - RECRUITING 7,266
East Asia and the Pacific 0 0 Program Services TEACHING 18,341
Europe (Including Iceland and Greenland) 0 0 Program Services EMERGENCY TRAVEL FOR FACULTY ABROAD 1,859
Europe (Including Iceland and Greenland) 0 0 Program Services COMPUTER COMPETITION 710
Europe (Including Iceland and Greenland) 0 0 Program Services STUDENT FELLOWSHIP 750
Europe (Including Iceland and Greenland) 0 0 Program Services ATHLETICS - STUDENT TRAVEL 2,610
North America (Canada & Mexico only) 0 0 Program Services SITE VISIT 2,347
North America (Canada & Mexico only) 0 0 Program Services STUDY ABROAD PROGRAMS/ STUDENT GROUP TRIPS 30,705
Europe (Including Iceland and Greenland) 0 0 Program Services Teaching 8,999
Europe (Including Iceland and Greenland) 0 0 Program Services SELECTION OF CONCERT PIANO 2,409
Europe (Including Iceland and Greenland) 0 0 Program Services Athletics - Competition 255,092
North America (Canada & Mexico only) 0 0 Program Services International Recruitment 3,196
North America (Canada & Mexico only) 0 0 Program Services Author Book Launch - BU Press 4,833
North America (Canada & Mexico only) 0 0 Program Services ATHLETICS- COACHING 1,755
Russia and Neighboring States 0 0 Program Services Athletics - Recruiting 4,949
South America 0 0 Program Services Athletics - Student Travel 3,606
South America 0 0 Program Services Mission Trips 128,896
South Asia 0 0 Program Services Site/Partner Visit 444
Sub-Saharan Africa 0 0 Program Services Teach 6,946
South America 0 0 Program Services Site Visit 4,190
South Asia 0 0 Program Services International Recruitment 6,593
Sub-Saharan Africa 0 0 Program Services Site Visit 5,931
3a Sub-total ..... 0 0 16,395,965
b Total from continuation sheets to Part I ...     321,676,416
c Totals (add lines 3a and 3b) 0 2 338,072,381
For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2018
Schedule F (Form 990) 2018
Page 2
Part II
Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.
1 (a) Name of organization (b) IRS code section
and EIN (if applicable)		 (c) Region (d) Purpose of
grant 		(e) Amount of
cash grant 		(f) Manner of
cash
disbursement 		(g) Amount
of non-cash
assistance 		(h) Description
of non-cash
assistance 		(i) Method of
valuation
(book, FMV,
appraisal, other)
South Asia Construction of Education and Research Center 81,537 Wire Transfer      
             
             
             
             
             
             
             
             
             
             
             
             
             
             
             
2 Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .......MediumBullet
1
3 Enter total number of other organizations or entities .......................MediumBullet
0
Schedule F (Form 990) 2018
Schedule F (Form 990) 2018Page 3
Part III
Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 16.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Region (c) Number of recipients (d) Amount of
cash grant 		(e) Manner of cash
disbursement 		(f) Amount of
non-cash
assistance 		(g) Description
of non-cash
assistance 		(h) Method of
valuation
(book, FMV,
appraisal, other)
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
Schedule F (Form 990) 2018
Schedule F (Form 990) 2018
Page 4
Part IV
Foreign Forms
1 Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes,"the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to separately file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A; don't file with Form 990). . . . . . . . . . . . . . . . . . . . . . . .
3 Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471). . . . . . . . . . . . . . . . . . . . . . . . . . . .
4 Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621) .
5 Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships (see Instructions for Form 8865). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6 Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to separately file Form 5713, International Boycott Report (see Instructions for Form 5713; don't file with Form 990).. . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule F (Form 990) 2018
Schedule F (Form 990) 2018
Page 5
Part V
Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information (see instructions).
ReturnReference Explanation
Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds University enters into a contract with the grant recipient that describes the recipient's responsibilities for the use of the grant funds. Under the terms of the contract, recipient is usually required to submit quarterly and final written progress reports to the Principal Investigator ("PI") or project director for the grant, and funds are normally paid to the recipient on a cost reimbursable basis. When the grant recipient submits an invoice for reimbursement, the PI is responsible for reviewing the invoice to ensure the expenditures are consistent with the established budget and with the work completed to date, prior to approving the amount for payment. Grant recipients subject to the U.S. Office of Management and Budget Uniform Grant Guidance are also required to provide certification of their compliance with the financial audit requirements of those guidelines prior to receiving funds. Thereafter, the University requests an annual certification of continuing compliance and a copy of their most recent audit report. If any of the above processes indicate an area of concern, site visits may be conducted by the University to review the programmatic and/or financial records. In some situations, the University will provide an advancement of funds to grant recipient. The grant recipient then submits a monthly expense packet to the PI in which Accounting reviews for reasonableness and recognizes the month's expense activity accordingly. Additionally, the University contracts with an outside accounting firm to conduct a review of foreign expenses incurred under the grant.
Schedule F, Part I, Line 3(f) DESCRIPTION OF METHOD USED TO ACCOUNT FOR EXPENDITURES ON F/S THE UNIVERSITY RECORDS EXPENSES BASED UPON THE ACCRUAL BASIS OF ACCOUNTING IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES SET FORTH BY THE FINANCIAL ACCOUNTING STANDARDS BOARD IN FINANCIAL REPORTING.
Schedule F, Part I, Line 2 PROCEDURES FOR MONITORING USE OF GRANT FUNDS University enters into a contract with the grant recipient that describes the recipient's responsibilities for the use of the grant funds. Under the terms of the contract, recipient is usually required to submit quarterly and final written progress reports to the Principal Investigator ("PI") or project director for the grant, and funds are normally paid to the recipient on a cost reimbursable basis. When the grant recipient submits an invoice for reimbursement, the PI is responsible for reviewing the invoice to ensure the expenditures are consistent with the established budget and with the work completed to date, prior to approving the amount for payment. Grant recipients subject to the U.S. Office of Management and Budget Uniform Grant Guidance are also required to provide certification of their compliance with the financial audit requirements of those guidelines prior to receiving funds. Thereafter, the University requests an annual certification of continuing compliance and a copy of their most recent audit report. If any of the above processes indicate an area of concern, site visits may be conducted by the University to review the programmatic and/or financial records. In some situations, the University will provide an advancement of funds to grant recipient. The grant recipient then submits a monthly expense packet to the PI in which Accounting reviews for reasonableness and recognizes the month's expense activity accordingly. Additionally, the University contracts with an outside accounting firm to conduct a review of foreign expenses incurred under the grant.
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
Schedule F (Form 990) 2018
Additional Data


Software ID: 18007697
Software Version: 2018v3.1



SCHEDULE G (Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Supplemental Information Regarding
Fundraising or Gaming Activities
Complete if the organization answered "Yes" on Form 990, Part IV, lines 17, 18, or 19, or if the organization entered more than $15,000 on Form 990-EZ, line 6a. right arrowAttach to Form 990 or Form 990-EZ.
right arrowGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2018
Open to Public Inspection
Name of the organization
Baylor University
 
Employer identification number

74-1159753
Part I
Fundraising Activities. Complete if the organization answered "Yes" on Form 990, Part IV, line 17.
Form 990-EZ filers are not required to complete this part.
1
Indicate whether the organization raised funds through any of the following activities. Check all that apply.
a e
b f
c g
d
2a
Did the organization have a written or oral agreement with any individual (including officers, directors, trustees
or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?
b
If "Yes," list the ten highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization.


(i) Name and address of individual
or entity (fundraiser) 		(ii) Activity (iii) Did fundraiser have custody or control of contributions? (iv) Gross receipts
from activity 		(v) Amount paid to
(or retained by)
fundraiser listed in
col. (i) 		(vi) Amount paid to
(or retained by)
organization
Yes No
 
RUFFALO NOEL LEVITZ
65 KIRKWOOD N RD SW PO BOX 3018
 
CEDAR RAPIDS, IA524063018 		ON CAMPUS PHONE MANAGEMENT   No 599,161 354,671 244,490
 
EAB Royall & Company - Advancement Services Inc
1920 East Parham Road
 
Richmond, VA23228 		ADVANCEMENT MARKETING SERVICES   No 29,438 134,616 -105,178
 
MY EVENT CENTRAL
4715 N MEADOW RIDGE CIRCLE
 
MCKINNEY, TX75070 		EVENT MANAGEMENT   No 18,670 6,046 12,624
             
             
             
             
             
             
             
Total . . . . . . . . . . . . . . . . . . . . right arrow 647,269 495,333 151,936
3
List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing.
CA, CO, CT, FL, GA, AL, HI, IL, KS, KY, LA, ME, AK, MD, MA, MI, MN, MS, MO, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, TN, UT, VA, AR, WA, WV, WI
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50083H
Schedule G (Form 990 or 990-EZ) 2018
Schedule G (Form 990 or 990-EZ) 2018
Page 2
Part II
Fundraising Events. Complete if the organization answered "Yes" on Form 990, Part IV, line 18, or reported more than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.




VerticalRevenue
(a) Event #1

NURSING SCHOOL GALA
(event type) 		(b) Event #2

ORNAMENT SALES
(event type) 		(c) Other events

14
(total number) 		(d) Total events
(add col. (a) through col. (c))

1
Gross receipts . . . . .
612,793
126,498
380,200
1,119,491

2
Less: Contributions . . . .
315,119
65,280
100,807
481,206
3 Gross income (line 1 minus
line 2) . . . . . .
297,674
61,218
279,393
638,285



VerticalDirectExpenses
4 Cash prizes . . . . . 0 0 5,800 5,800
5 Noncash prizes . . . . 0 0 10,982 10,982
6 Rent/facility costs . . . . 64,959 0 50,581 115,540
7 Food and beverages . . . 76,383 0 80,693 157,076
8 Entertainment . . . . 52,642 0 21,828 74,470
9 Other direct expenses . . . 142,804 43,633 104,622 291,059
10 Direct expense summary. Add lines 4 through 9 in column (d) . . . . . . . . . . right arrow 654,927
11 Net income summary. Subtract line 10 from line 3, column (d). . . . . . . . . . right arrow -16,642
Part III
Gaming. Complete if the organization answered "Yes" on Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.
VerticalRevenue
(a) Bingo (b) Pull tabs/Instant
bingo/progressive bingo 		(c) Other gaming (d) Total gaming (add col.(a) through col.(c))

1
Gross revenue . . . . .
 
 
 
 
VerticalDirectExpenses

2
Cash prizes . . . . .
 
 
 
 

3
Noncash prizes . . . .
 
 
 
 

4
Rent/facility costs . . . .
 
 
 
 

5
Other direct expenses . . .
 
 
 
 


6

Volunteer labor . . . .
%
%
%


7
Direct expense summary. Add lines 2 through 5 in column (d) . . . . . . . . . . right arrow
 

8
Net gaming income summary. Subtract line 7 from line 1, column (d). . . . . . . . . right arrow
 

9
Enter the state(s) in which the organization conducts gaming activities:
a
Is the organization licensed to conduct gaming activities in each of these states? . . . . . . . .
b
If "No," explain:
 
10a
Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? . . .
b
If "Yes," explain:
 
Schedule G (Form 990 or 990-EZ) 2018
Schedule G (Form 990 or 990-EZ) 2018
Page 3
11
Does the organization conduct gaming activities with nonmembers? . . . . . . . . . . .
12
Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity
formed to administer charitable gaming? . . . . . . . . . . . . . . . . .
13
Indicate the percentage of gaming activity conducted in:
a
The organization's facility . . . . . . . . . . . . . . . . . .
13a
%
b
An outside facility . . . . . . . . . . . . . . . . . . . .
13b
%
14
Enter the name and address of the person who prepares the organization's gaming/special events books and records:
Name right arrow
Address right arrow
15a
Does the organization have a contract with a third party from whom the organization receives gaming
revenue? . . . . . . . . . . . . . . . . . . . . . . . .
b
If "Yes," enter the amount of gaming revenue received by the organization right arrow $   and the
amount of gaming revenue retained by the third party right arrow $   .
c
If "Yes," enter name and address of the third party:
Name right arrow
Address right arrow
 
 
16
Gaming manager information:
Name right arrow
Gaming manager compensation right arrow $  
Description of services provided right arrow
 
17
Mandatory distributions:
a
Is the organization required under state law to make charitable distributions from the gaming proceeds to
retain the state gaming license? . . . . . . . . . . . . . . . . . . .
b
Enter the amount of distributions required under state law distributed to other exempt organizations or spent
in the organization's own exempt activities during the tax year right arrow$  
Part IV
Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v); and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also provide any additional information. See instructions.
Return Reference Explanation
Schedule G, Part I, Line 2b(v) Fundraising Expenses Baylor did not enter into any arrangements in which payments were made exclusively for fundraising expenses.
Schedule G, Part I, Line 2b(v) payment of fees or payment of expenses EAB ROYALL & COMPANY - ADVANCEMENT SERVICES, INC.-THE CONTRACT BETWEEN BAYLOR UNIVERSITY AND EAB ROYALL & COMPANY - ADVANCEMENT SERVICES, INC. BREAKS DOWN THE INVOICED PAYMENTS BETWEEN PROGRAM COST $108,625.50, MEDIA COST $6,110.50, AND POSTAGE $19,880.;MY EVENT CENTRAL-MY EVENT CENTRAL INVOICED BAYLOR UNIVERSITY SEPARATELY FOR ITEMS USED DURING THE FUNDRAISING EVENT. THE TOTAL AMOUNT OF SUCH ITEMS INVOICED WAS $246.;
Schedule G (Form 990 or 990-EZ) 2018
Additional Data


Software ID: 18007697
Software Version: 2018v3.1

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990.
lBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2018
Open to Public
Inspection
Name of the organization
Baylor University
 
Employer identification number
74-1159753
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient
that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government		 (b) EIN (c) IRC section
(if applicable)		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
noncash assistance		 (h) Purpose of grant
or assistance
(1) UNIVERSITY OF CALIFORNIA SAN DIEGO
9500 GILMAN DR
LA JOLLA,CA920930009 		95-6006144 STATE OF CALIFORNIA 20,841       SUBCONTRACT - RESEARCH
(2) HOPE COLLEGE
141 E 12 ST
HOLLAND,MI49423 		38-1381271 501(C)(3) 106,132       SUBCONTRACT - RESEARCH
(3) Johns Hopkins University
3400 N CHARLES STREET
BALTIMORE,MD212182608 		52-0595110 501(C)(3) 20,695       SUBCONTRACT - RESEARCH
(4) UNIVERSITY OF PITTSBURGH
3100 CATHEDRAL OF LEARNING
PITTSBURGH,PA15260 		25-0965591 501(C)(3) 54,417       SUBCONTRACT - RESEARCH
(5) UNIVERSITY OF SOUTH DAKOTA
414 E CLARK
VERMILLION,SD57069 		46-6000364 STATE OF S.D. 13,056       SUBCONTRACT - RESEARCH
(6) TEXAS A&M UNIVERSITY
400 HARVEY MITCHELL PARKWAY S
SUITE 300
COLLEGE STATION,TX778454375 		74-6000531 STATE OF TEXAS 45,387       SUBCONTRACT - RESEARCH
(7) SCOTT & WHITE MEMORIAL HOSPITAL
4236 LOWES DR
TEMPLE,TX765023517 		74-1166904 501(C)(3) 26,968       SUBCONTRACT - RESEARCH
(8) UNIVERSITY OF NORTH CAROLINA CHARLOTTE
9201 UNIVERSITY CITY BLVD
CHARLOTTE,NC28223 		56-0791228 STATE OF N.C. 14,404       SUBCONTRACT - RESEARCH
(9) UNIVERSITY OF MICHIGAN
1000 VICTORS WAY SUITE 1A
ANN ARBOR,MI481082744 		38-6006309 STATE OF MICHIGAN 299,473       SUBCONTRACT - RESEARCH
(10) UNIVERSITY OF TEXAS AT AUSTIN
OFFICE OF ACCOUNTING
PO BOX 7159
AUSTIN,TX787137159 		74-6000203 STATE OF TEXAS 10,941       SUBCONTRACT - RESEARCH
(11) ALPHA CHI OMEGA
ONE BEAR PL 85611
WACO,TX76798 		52-1389567 501(C)(7) 6,500       GRANT TO SUPPORT STUDENT ORGANIZATION
(12) ALPHA PHI ALPHA FRATERNITY INC
ONE BEAR PL 85533
WACO,TX76798 		74-7302997 501(C)(7) 20,354       GRANT TO SUPPORT STUDENT ORGANIZATION
(13) AMERICAN MARKETING ASSOCIATION
130 E RANDOLPH NO 22 Fl
CHICAGO,IL60601 		36-2130315 501(C)(3) 6,000       EVENT SPONSORSHIP
(14) ASIAN STUDENTS ASSOCIATION
ONE BEAR PL 85633
WACO,TX76798 		77-0652445 501(C)(3) 8,000       GRANT PROVIDED TO SUPPORT STUDENT ORGANIZATION
(15) AUSTIN YOUNG CHAMBER OF COMMERCE
3300 N IH 35
AUSTIN,TX78722 		27-0243010 501(C)(3) 8,000       EVENT SPONSORSHIP
(16) BARTIMAEUS MINISTRIES INC
2325 WENDY LN
WACO,TX76710 		74-2977422 501(C)(3) 18,136       STUDENTS PARTICIPATED IN A UNIVERSITY PHILANTHROPY LAB COURSE WHICH TEACHES STUDENTS ABOUT PHILANTHROPY, NONPROFITS AND THE THIRD SECTOR. STUDENTS WERE REQUIRED TO RESEARCH AND DIRECT CONTRIBUTIONS TO 501(C)(3) NON-PROFITS.
(17) BAYLOR SCOTT & WHITE HEALTH
2001 BRYAN ST N 2200
DALLAS,TX75201 		46-3131350 501(C)(3) 5,600       STUDENTS PARTICIPATED IN A UNIVERSITY PHILANTHROPY LAB COURSE WHICH TEACHES STUDENTS ABOUT PHILANTHROPY, NONPROFITS AND THE THIRD SECTOR. STUDENTS WERE REQUIRED TO RESEARCH AND DIRECT CONTRIBUTIONS TO 501(C)(3) NON-PROFITS.
(18) BAYLOR WOMEN IN BUSINESS
ONE BEAR PL 98015
WACO,TX76798 		74-1159753 501(C)(3) 15,400       GRANT PROVIDED TO SUPPORT STUDENT ORGANIZATION.
(19) BRAZORIA COUNTY DREAM CENTER
PO BOX 715
CLUTE,TX77531 		27-3767071 501(C)(3) 12,000       GRANT TO SUPPORT NON-PROFIT ORGANIZATION.
(20) CARITAS OF WACO
300 S 15TH ST
WACO,TX76701 		74-1711575 501(C)(3) 6,000       STUDENTS PARTICIPATED IN A UNIVERSITY PHILANTHROPY LAB COURSE WHICH TEACHES STUDENTS ABOUT PHILANTHROPY, NONPROFITS AND THE THIRD SECTOR. STUDENTS WERE REQUIRED TO RESEARCH AND DIRECT CONTRIBUTIONS TO 501(C)(3) NON-PROFITS.
(21) CASA OF MCLENNAN COUNTY
1001 WASHINGTON AVE
WACO,TX76701 		45-5401776 501(C)(3) 15,125       STUDENTS PARTICIPATED IN A UNIVERSITY PHILANTHROPY LAB COURSE WHICH TEACHES STUDENTS ABOUT PHILANTHROPY, NONPROFITS AND THE THIRD SECTOR. STUDENTS WERE REQUIRED TO RESEARCH AND DIRECT CONTRIBUTIONS TO 501(C)(3) NON-PROFITS.
(22) CHI OMEGA
ONE BEAR PL 85613
WACO,TX76798 		74-1930998 501(C)(7) 9,900       GRANT TO SUPPORT STUDENT ORGANIZATION.
(23) DELTA DELTA DELTA
1919 S 16TH ST
14951 DALLAS PKWY 500
DALLAS,TX75254 		74-1932983 501(C)(7) 6,500       GRANT PROVIDED TO SUPPORT STUDENT ORGANIZATION
(24) ELIJAH RISING
5818 SOUTHWEST FREEWAY
HOUSTON,TX77057 		46-1885871 501(C)(3) 7,000       STUDENTS PARTICIPATED IN A UNIVERSITY PHILANTHROPY LAB COURSE WHICH TEACHES STUDENTS ABOUT PHILANTHROPY, NONPROFITS AND THE THIRD SECTOR. STUDENTS WERE REQUIRED TO RESEARCH AND DIRECT CONTRIBUTIONS TO 501(C)(3) NON-PROFITS.
(25) FAMILY ABUSE CENTER
PO BOX 20395
WACO,TX76702 		74-2080943 501(C)(3) 15,000       STUDENTS PARTICIPATED IN A UNIVERSITY PHILANTHROPY LAB COURSE WHICH TEACHES STUDENTS ABOUT PHILANTHROPY, NONPROFITS AND THE THIRD SECTOR. STUDENTS WERE REQUIRED TO RESEARCH AND DIRECT CONTRIBUTIONS TO 501(C)(3) NON-PROFITS.
(26) FUZZY FRIENDS RESCUE
PO BOX 2028
WACO,TX76702 		75-2699210 501(C)(3) 8,500       GRANT PROVIDED TO SUPPORT NON-PROFIT ORGANIZATION.
(27) INSTITUTE FOR FAMILY STUDIES
PO BOX 1502
CHARLOTTESVILLE,VA22902 		27-0950140 501(C)(3) 35,000       SPONSORSHIP COMMITMENT
(28) JIREH WORLD CHURCH AND OUTREACH
3505 PROCTER ST
PORT ARTHUR,TX77642 		45-0528127 501(C)(3) 17,000       GRANT TO SUPPORT NON-PROFIT ORGANIZATION.
(29) KAPPA KAPPA GAMMA
ONE BEAR PL 85617
WACO,TX76798 		74-2059539 501(C)(7) 8,750       GRANT PROVIDED TO SUPPORT STUDENT ORGANIZATION.
(30) MCLENNAN COUNTY PACK OF HOPE
PO BOX 1545
WACO,TX76710 		37-1638255 501(C)(3) 6,000       STUDENTS PARTICIPATED IN A UNIVERSITY PHILANTHROPY LAB COURSE WHICH TEACHES STUDENTS ABOUT PHILANTHROPY, NONPROFITS AND THE THIRD SECTOR. STUDENTS WERE REQUIRED TO RESEARCH AND DIRECT CONTRIBUTIONS TO 501(C)(3) NON-PROFITS.
(31) MISSION WACO
1315 N 15TH ST
WACO,TX76707 		74-2605621 501(C)(3) 9,525       STUDENTS PARTICIPATED IN A UNIVERSITY PHILANTHROPY LAB COURSE WHICH TEACHES STUDENTS ABOUT PHILANTHROPY, NONPROFITS AND THE THIRD SECTOR. STUDENTS WERE REQUIRED TO RESEARCH AND DIRECT CONTRIBUTIONS TO 501(C)(3) NON-PROFITS.
(32) PHI BETA SIGMA
ONE BEAR PL 97520
WACO,TX76798 		11-1709989 501(C)(7) 8,500       GRANT PROVIDED TO SUPPORT STUDENT ORGANIZATION.
(33) PHI GAMMA DELTA
ONE BEAR PL 85602
WACO,TX76798 		51-0214193 501(C)(7) 8,000       GRANT PROVIDED TO SUPPORT STUDENT ORGANIZATION.
(34) PI BETA PHI
ONE BEAR PL 85618
WACO,TX76798 		51-0229191 5001(C)(7) 9,000       GRANT PROVIDED TO SUPPORT STUDENT ORGANIZATION
(35) PROSPER WACO
1516 AUSTIN AVE
WACO,TX76701 		46-5714986 501(C)(3) 20,000       GRANT TO SUPPORT NON-PROFIT ORGANIZATION
(36) RELIGIOUS FREEDOM INSTITUTE
1050 30TH ST NW
WASHINGTON,DC20007 		81-0983298 501(C)(3) 118,500       ANNUAL GRANT COMMITMENT
(37) SEVENTH & JAMES BAPTIST CHURCH
602 JAMES AVE
WACO,TX76706 		74-1157369 501(C)(3) 40,000       GRANT PROVIDED TO ASSIST CHURCH
(38) SHE IS FREEDOM
PO BOX 993
WACO,TX76703 		47-2605115 501(C)(3) 5,600       STUDENTS PARTICIPATED IN A UNIVERSITY PHILANTHROPY LAB COURSE WHICH TEACHES STUDENTS ABOUT PHILANTHROPY, NONPROFITS AND THE THIRD SECTOR. STUDENTS WERE REQUIRED TO RESEARCH AND DIRECT CONTRIBUTIONS TO 501(C)(3) NON-PROFITS.
(39) SIGMA CHI
1714 HINMAN AVE
EVANSTON,IL60201 		36-1773960 501(C)(7) 9,300       GRANT PROVIDED TO SUPPORT STUDENT ORGANIZATION
(40) SOUTHEAST TEXAS FOOD BANK
PO BOX 21012
BEAUMONT,TX77720 		76-0338721 501(C)(3) 10,000       GRANT PROVIDED TO SUPPORT NON-PROFIT ORGANIZATION.
(41) TALITHA KOUM INSTITUTE
PO BOX 2202
WACO,TX76703 		75-2849153 501(C)(3) 22,500       STUDENTS PARTICIPATED IN A UNIVERSITY PHILANTHROPY LAB COURSE WHICH TEACHES STUDENTS ABOUT PHILANTHROPY, NONPROFITS AND THE THIRD SECTOR. STUDENTS WERE REQUIRED TO RESEARCH AND DIRECT CONTRIBUTIONS TO 501(C)(3) NON-PROFITS.
(42) TEXAS ACCESS TO JUSTICE FOUNDATION
PO BOX 12886
AUSTIN,TX78711 		74-2354575 501(C)(3) 5,194       NON-PROFIT SPONSORSHIP
(43) TEXAS CHRISTIAN COMMUNITY DEVELOPMENT NETWORK
1315 N 15TH ST
WACO,TX76707 		46-2184001 501(C)(3) 10,000       EVENT SPONSORSHIP
(44) THE COVE - HEART OF TEXAS INC
PO BOX 1956
WACO,TX76703 		47-4864862 501(C)(3) 9,000       STUDENTS PARTICIPATED IN A UNIVERSITY PHILANTHROPY LAB COURSE WHICH TEACHES STUDENTS ABOUT PHILANTHROPY, NONPROFITS AND THE THIRD SECTOR. STUDENTS WERE REQUIRED TO RESEARCH AND DIRECT CONTRIBUTIONS TO 501(C)(3) NON-PROFITS.
(45) THE JORDAN ELIZABETH HARRIS FOUNDATION
2830 S HULEN ST 139
FORT WORTH,TX76109 		46-5708450 501(C)(3) 8,400       STUDENTS PARTICIPATED IN A UNIVERSITY PHILANTHROPY LAB COURSE WHICH TEACHES STUDENTS ABOUT PHILANTHROPY, NONPROFITS AND THE THIRD SECTOR. STUDENTS WERE REQUIRED TO RESEARCH AND DIRECT CONTRIBUTIONS TO 501(C)(3) NON-PROFITS.
(46) US ASSOCIATION FOR SMALL BUSINESS AND ENTREPRENEURSHIP
800 W MAIN ST
WHITEWATER,WI53190 		52-1287170 501(C)(3) 15,000       EVENT SPONSORSHIP
(47) URBAN HARVEST INC
3302 CANAL ST
STE 73
HOUSTON,TX77003 		76-0501430 501(C)(3) 15,000       GRANT TO SUPPORT NON-PROFIT ORGANIZATION
(48) WACO CHAMBER OF COMMERCE
PO BOX 1220
WACO,TX76703 		74-0967440 501(C)(3) 83,654       ECONOMIC AND COMMERCIAL DEVELOPMENT; SPONSORSHIPS
(49) WEST HOUSTON ASSISTANCE MINISTRIES INC
10501 MEADOWGLEN
HOUSTON,TX77042 		76-0001309 501(C)(3) 12,000       GRANT TO SUPPORT NON-PROFIT ORGANIZATION
(50) WORLD AFFAIRS COUNCIL OF GREATER DALLAS
325 N SAINT PAUL ST
STE 4200
DALLAS,TX75201 		75-0855628 501(C)(3) 7,000       GRANTS TO SUPPORT NON-PROFIT ORGANIZATION
(51) Brazos Valley Public Broadcasting Foundation
One Bear Place 97296
Waco,TX767987296 		74-2674611 501(c)(3) 225,376 71,859 FMV Supplies Assist with programming and production costs.
(52) Vita Inclinata Technologies Inc
1705 Dock Street Apt 150
Tacoma,WA98402 		83-3188536   51,000       Award for business plan and speed pitch competition promoting entrepreneurship and small business competition.
(53) Feros Freight Innovations Inc
147 Easton Dr
South Lyon,MI48178 		82-5008414   30,000       Award for business plan and speed pitch competition promoting entrepreneurship and small business competition.
(54) Contraire LLC
2122 E 31st Pl
Tulsa,OK74105 		83-2575740   11,000       Award for business plan and speed pitch competition promoting entrepreneurship and small business competition.
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
42
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
15
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2018

Schedule I (Form 990) 2018
Page 2
Part III
Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Number of
recipients		 (c) Amount of
cash grant		 (d) Amount of
noncash assistance		 (e) Method of valuation (book,
FMV, appraisal, other)		 (f) Description of noncash assistance
(1) SCHOLARSHIPS AND FELLOWSHIPS 16616 330,398,010 1,982,436 FMV Books, on-campus room and board, and other student expenses such as clothing, transportation, etc.
(2) RESEARCH GRANTS 60 363,633      
(3) STUDENT AWARDS 2662 234,480 208,006 FMV Various items provided to recipients as awards.
(4) TRAVEL GRANTS 107 50,206      
(5) Employee Compassion Grants 2 1,300      
(5)
(6)
(7)
Part IV
Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.
Return Reference Explanation
Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. Grants and Other Assistance to Individuals in the United States: Scholarships and fellowships that are awarded to students are paid through the students' accounts, the Payroll Office, and/or Accounts Payable Office and are administered based upon merit and/or need. Baylor's Financial Aid Office reviews the students' cumulative grade point averages every year and awards/reviews academic scholarships and fellowships if the required grade point average level is satisfied. Scholarships for financial need are awarded annually based upon whether the need criterion/level is established or maintained per the completed Application for Federal Student Aid. The scholarship awards that are included in the cost of attendance are reviewed so as not to exceed the cost of a student to attend the University. Scholarships and/or fellowships are also awarded to cover student emergency situations. Students must complete an application describing the emergency situation. The University reviews each application to determine if such scholarships/fellowships will be awarded. Travel Grants - Travel grants are awarded to students to offset travel expenses used for educational purposes such as attending a conference, presenting a paper, etc. The awarding of travel grants is based upon an application process and meeting a set of criteria that establish the benefits to the students' educational endeavors. Research Grants - The Office of the Vice Provost for Research (OVPR) publishes guidelines for each of the internal grant programs that provide the general conditions of the award, as well as guidance on the expenses that may be charged to the award. Each grant is set up as a separate project in the University's financial system based on the award amount and budget categories approved by the OVPR and administered through the Office of Sponsored Programs. The financial system provides real time access to a Budget Summary Report for the project that provides a comparison of budgeted expenditures to cumulative actual expenditures by expenditure category. This report can be accessed by the Project Manager and others with administrative and financial oversight responsibilities. Expenditure transactions under internal grant programs are subject to internal controls for approval and processing similar to other University expenditure transactions. The system does not allow expenditures to be processed in excess of or outside of the approved budget categories. Student Awards - These awards are provided to students for winning educational competitions. The purpose of the competitions is to further the education of students. Grants and Other Assistance to Governments and Organizations in the United States: The University enters into a contract with the grant recipient that describes the recipient's responsibilities for the use of the grant funds. Under the terms of the contract, recipients are required to submit quarterly and final written progress reports to the principal investigator ("PI") or project director for the grant, and funds are paid to the recipient on a cost reimbursable basis. When the grant recipient submits an invoice for reimbursement, the PI reviews the invoice to ensure the expenditures are consistent with the established budget and with the work completed to date, prior to approving the amount for payment. Grant recipients subject to the U.S. Office of Management and Budget Circular A-133 Audits of States, Local Governments, and Non-Profit Organizations are also required to provide certification of their compliance with the financial audit requirements of those guidelines prior to receiving funds. Thereafter, the University requires an annual certification of continuing compliance and a copy of their most recent audit report. If any of the above processes indicate an area of concern, site visits may be conducted by the University to review the programmatic and/or financial records. Charitable organizations that receive contributions from the University are carefully selected and must be approved through the Chief of Staff to the President & Vice President for Board Relations. Student organizations that are provided University grants must complete an application describing the need for the grant. University contributions must support the University's interest and be consistent with the University's core values.
Schedule I (Form 990) 2018



Additional Data


Software ID: 18007697
Software Version: 2018v3.1


Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
SchJMediumBullet Attach to Form 990.
SchJMediumBullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2018
Open to Public Inspection
Name of the organization
Baylor University
 
Employer identification number

74-1159753
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .........
1b
 
No
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked in line 1a? ..
2
Yes
 
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
4
During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? .............
4a
Yes
 
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........
4b
Yes
 
c
Participate in, or receive payment from, an equity-based compensation arrangement? .........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ....................
5a
 
No
b
Any related organization? .......................
5b
 
No
If "Yes," on line 5a or 5b, describe in Part III.
6
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ..................
6a
 
No
b
Any related organization? ......................
6b
 
No
If "Yes," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
Yes
 
8
Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................
8
Yes
 
9
If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
Yes
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2018

Schedule J (Form 990) 2018
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A) Name and Title (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation in column (B) reported as deferred on prior Form 990
(i) Base
compensation 		(ii) Bonus & incentive
compensation 		(iii) Other reportable compensation
1Gaynor Yancey
 
Regent 		(i)

(ii)		 148,788
-------------
0 		0
-------------
0 		0
-------------
0 		16,359
-------------
0 		8,359
-------------
0 		173,506
-------------
0 		0
-------------
0
2Andrea Dixon
 
Regent 		(i)

(ii)		 258,912
-------------
0 		0
-------------
0 		0
-------------
0 		28,117
-------------
0 		8,156
-------------
0 		295,185
-------------
0 		0
-------------
0
3Kevin Jackson
 
Vice President for Student Life 		(i)

(ii)		 245,608
-------------
0 		0
-------------
0 		668
-------------
0 		27,596
-------------
0 		22,897
-------------
0 		296,769
-------------
0 		0
-------------
0
4Linda Livingstone
 
President 		(i)

(ii)		 767,513
-------------
0 		100,000
-------------
0 		224,606
-------------
0 		114,700
-------------
0 		116,696
-------------
0 		1,323,515
-------------
0 		0
-------------
0
5Roy Brian Webb
 
Vice President & Chief Investment Officer 		(i)

(ii)		 339,090
-------------
0 		462,825
-------------
0 		18,792
-------------
0 		29,700
-------------
0 		18,035
-------------
0 		868,442
-------------
0 		0
-------------
0
6Gary Carini
 
Acting Vice Provost 		(i)

(ii)		 438,145
-------------
0 		0
-------------
0 		17,973
-------------
0 		29,700
-------------
0 		23,322
-------------
0 		509,140
-------------
0 		0
-------------
0
7Chris Holmes
 
General Counsel & Chief Legal Officer and Corporate Secretary 		(i)

(ii)		 358,520
-------------
0 		0
-------------
0 		295
-------------
0 		29,700
-------------
0 		76,232
-------------
0 		464,747
-------------
0 		0
-------------
0
8Jason Cook
 
Vice President for Marketing & Communications and Chief Marketing Officer 		(i)

(ii)		 336,280
-------------
0 		0
-------------
0 		17,835
-------------
0 		29,700
-------------
0 		22,223
-------------
0 		406,038
-------------
0 		0
-------------
0
9Darin Davis
 
Vice President for University Mission 		(i)

(ii)		 192,641
-------------
0 		0
-------------
0 		234
-------------
0 		21,946
-------------
0 		23,492
-------------
0 		238,313
-------------
0 		0
-------------
0
10Robyn Driskell
 
Chief of Staff to the President and Vice President for Board Relations 		(i)

(ii)		 248,768
-------------
0 		0
-------------
0 		282
-------------
0 		26,867
-------------
0 		271
-------------
0 		276,188
-------------
0 		0
-------------
0
11Cheryl Gochis
 
Vice President for Human Resources and Chief Human Resources Officer 		(i)

(ii)		 264,103
-------------
0 		0
-------------
0 		234
-------------
0 		29,023
-------------
0 		13,943
-------------
0 		307,303
-------------
0 		0
-------------
0
12Mack Rhoades IV
 
Vice President and Director of Athletics 		(i)

(ii)		 1,023,150
-------------
0 		300,000
-------------
0 		179,284
-------------
0 		29,700
-------------
0 		22,763
-------------
0 		1,554,897
-------------
0 		0
-------------
0
13Dave Rosselli
 
Vice President for University Development 		(i)

(ii)		 410,714
-------------
0 		0
-------------
0 		18,206
-------------
0 		29,700
-------------
0 		20,943
-------------
0 		479,563
-------------
0 		0
-------------
0
14Susan Anz
 
Vice President for Financial Operations and Assistant Secretary 		(i)

(ii)		 247,418
-------------
0 		0
-------------
0 		282
-------------
0 		28,143
-------------
0 		76,115
-------------
0 		351,958
-------------
0 		0
-------------
0
15Gary Mortenson
 
Acting Vice Provost 		(i)

(ii)		 237,008
-------------
0 		0
-------------
0 		462
-------------
0 		26,427
-------------
0 		20,607
-------------
0 		284,504
-------------
0 		0
-------------
0
16Kristy Orr
 
Board Professional 		(i)

(ii)		 178,732
-------------
0 		0
-------------
0 		13,076
-------------
0 		5,006
-------------
0 		8,947
-------------
0 		205,761
-------------
0 		0
-------------
0
17Dave Clendennen
 
Asst Vice President for Financial Systems & Asst Treasurer (as of 07/1/18) 		(i)

(ii)		 156,158
-------------
0 		0
-------------
0 		1,200
-------------
0 		17,866
-------------
0 		18,327
-------------
0 		193,551
-------------
0 		0
-------------
0
18Brett Dalton
 
Chief Business Officer as of 7/1/2018 		(i)

(ii)		 213,354
-------------
0 		40,000
-------------
0 		29,882
-------------
0 		28,620
-------------
0 		6,101
-------------
0 		317,957
-------------
0 		0
-------------
0
19Lee Nordt
 
Dean of Arts & Sciences 		(i)

(ii)		 278,081
-------------
0 		0
-------------
0 		132
-------------
0 		29,700
-------------
0 		18,563
-------------
0 		326,476
-------------
0 		0
-------------
0
20Kim Mulkey
 
Head Women's Basketball Coach 		(i)

(ii)		 2,115,436
-------------
0 		276,000
-------------
0 		153,106
-------------
0 		29,700
-------------
0 		14,717
-------------
0 		2,588,959
-------------
0 		0
-------------
0
21Phillip Snow
 
Defensive Coordinator Football 		(i)

(ii)		 975,573
-------------
0 		5,000
-------------
0 		39,109
-------------
0 		29,700
-------------
0 		17,410
-------------
0 		1,066,792
-------------
0 		0
-------------
0
22Matthew Rhule
 
Head Football Coach 		(i)

(ii)		 3,054,937
-------------
0 		140,000
-------------
0 		427,554
-------------
0 		29,700
-------------
0 		21,057
-------------
0 		3,673,248
-------------
0 		0
-------------
0
23Scott Drew
 
Head Men's Basketball Coach 		(i)

(ii)		 3,061,086
-------------
0 		101,000
-------------
0 		137,791
-------------
0 		29,700
-------------
0 		21,057
-------------
0 		3,350,634
-------------
0 		0
-------------
0
24Jeffrey Nixon
 
Co-Offensive Coordinator Football 		(i)

(ii)		 589,437
-------------
0 		5,000
-------------
0 		10,651
-------------
0 		29,700
-------------
0 		23,707
-------------
0 		658,495
-------------
0 		0
-------------
0
25Muadianvita Kazadi
 
Former Associate Athletics Director for Athletic Performance 		(i)

(ii)		 0
-------------
0 		0
-------------
0 		750,000
-------------
0 		0
-------------
0 		0
-------------
0 		750,000
-------------
0 		0
-------------
0
26Todd Still
 
Interim Executive Vice President and Provost - Former Officer 		(i)

(ii)		 204,797
-------------
0 		0
-------------
0 		139
-------------
0 		44,731
-------------
0 		99,350
-------------
0 		349,017
-------------
0 		0
-------------
0
27KAREN E KEMP
 
INTERIM VICE PRESIDENT FOR MARKETING AND COMMUNICATIONS - Former Officer 		(i)

(ii)		 156,831
-------------
0 		0
-------------
0 		0
-------------
0 		17,605
-------------
0 		16,463
-------------
0 		190,899
-------------
0 		0
-------------
0
28DAVID GARLAND
 
INTERIM PRESIDENT - Former Officer 		(i)

(ii)		 134,279
-------------
0 		0
-------------
0 		208
-------------
0 		66,014
-------------
0 		52,408
-------------
0 		252,909
-------------
0 		0
-------------
0
29Tommye Lou Davis
 
Vice President for Constituent Engagement - Former Officer 		(i)

(ii)		 220,141
-------------
0 		0
-------------
0 		618
-------------
0 		25,128
-------------
0 		22,752
-------------
0 		268,639
-------------
0 		0
-------------
0
30Reagan Ramsower
 
Senior Vice President & Chief Operating Officer - Former Officer 		(i)

(ii)		 469,377
-------------
0 		0
-------------
0 		18,654
-------------
0 		29,700
-------------
0 		22,104
-------------
0 		539,835
-------------
0 		0
-------------
0
31Juan Alejandro Jr
 
Vice President of Governance & Risk - Former Officer 		(i)

(ii)		 121,383
-------------
0 		0
-------------
0 		297
-------------
0 		13,329
-------------
0 		5,446
-------------
0 		140,455
-------------
0 		0
-------------
0
32Michael McLendon
 
Interim Provost - Former Officer 		(i)

(ii)		 281,236
-------------
0 		0
-------------
0 		59
-------------
0 		29,700
-------------
0 		17,615
-------------
0 		328,610
-------------
0 		0
-------------
0
Schedule J (Form 990) 2018

Schedule J (Form 990) 2018
Page 3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
Return Reference Explanation
Schedule J, Part I, Line 1a First-class or charter travel Three officers traveled via charter flights to engage in various business activities such as donor cultivation activities, media events and dinners. Charter flights were used by three highly compensated employees to engage in various business activities such as student athletic recruiting, attend media events and dinners. Additionally, five highly compensated employees traveled on charter flights with their respective athletic teams to attend athletic events. One officer traveled on a charter flights provided for Athletic Department team travel to engage in donor development efforts and event oversight on behalf of the University. First-class trips are disallowed by University policy unless approved as an exception to policy. First-class travel was approved as an exception to policy for the following travel activities - one highly compensated employee traveled first class to attend Big 12 meetings and a dinner and to meet with the coaching staff at another university.
Schedule J, Part I, Line 1a Travel for companions Occasionally, family members or guests of listed persons were provided travel. The University policy and practice is to review travel activities that occur throughout the year and report the value of such travel as taxable compensation to listed persons if no bona fide business purpose existed or the fifty percent seating capacity rule is inapplicable for the companion travel. Four highly compensated employees and four officers were provided family or guest travel.
Schedule J, Part I, Line 1a Tax indemnification and gross-up payments Men's and Women's head basketball coaches, head football coach and Vice President & Director of Athletics had personal travel stipends grossed-up to provide contractual amounts owed by the University. Vice President & Director of Athletics received gross-up payments covering the additional taxes owed on supplemental payments for child's tuition costs. Head Football Coach was provided a suite and the value of the suite was grossed-up to cover the taxes owed for personal usage. All above described payments were reported as taxable income, including the tax on the gross-up payments. Additionally, the University may occasionally gross-up other payments, but all such payments are included in the taxable income of the applicable employee.
Schedule J, Part I, Line 1a Housing allowance or residence for personal use Former Interim President and Former Interim Executive Vice President & Provost received a minister's housing allowance which was associated with the provision of ministerial services related to duties and thus appropriately not reported as taxable. Baylor, in some instances, provides temporary housing to employees during their transition to beginning work at the University. This temporary housing is reported as taxable income. Baylor provided President with a house located on campus as a condition of employment and for the convenience of the University. The provision of the house was not included as taxable compensation.
Schedule J, Part I, Line 1a Health or social club dues or initiation fees Three officers, one former officer and four highly compensated employees were provided country or social club memberships in one or more local clubs. All club memberships were reported as taxable compensation.
Schedule J, Part I, Line 1a Personal services Baylor provided housekeeping services for the University house where the President resides. The portion of the housekeeping expenses used for personal purposes was included as taxable income.
Schedule J, Part I, Line 1b Written policy regarding payment or reimbursement of expenses The University has a written policy for the following benefits: first-class travel and charter travel, and travel for companions. The Baylor aircraft policy is only applicable to Baylor-provided charter travel. Other charter travel used by the Athletic Department for team travel is based upon the need of the sport. Club memberships are reported as taxable income. Tax indemnification and gross-up payments are included in contractual arrangements and/or require Board of Regents approval. The President's housing was provided as a condition of employment per the terms of contract, and the house was provided for the convenience of the University. Housekeeping services are handled as noted above.
Schedule J, Part I, Line 4a Severance or change-of-control payment Associate Athletics Director for Athletic Performance received gross severance pay amount of $1,500,000 with $750,000 paid in calendar year 2017 and the remaining amount paid by March 15, 2018.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan Baylor University President participated in a nonqualified deferred compensation arrangement under Internal Revenue Code section 457(f) and received an accrued benefit of $85,000 during 2018. An additional amount shall be accrued next year. The accrued deferred compensation amounts shall vest and be payable on the third anniversary of the date such funds were credited to the plan, or if earlier, upon termination without cause, death or disability. President will not have right to the funds if she voluntarily resigns or is terminated for cause. Baylor University Vice President for Advancement participated in a nonqualified deferred compensation arrangement ("deferred plan") under Internal Revenue Code section 457(f) during 2018. If a target fundraising goal is met for a corresponding fiscal year, then a set percentage of annual base salary is contributed to the deferred plan. Fiscal year contributions are to be credited to the Vice President for Advancement's account over the next four fiscal years. These contributions will vest following the last fiscal year as long as Vice President for Advancement remains continuously employed in this position through this vesting date unless upon termination without cause, death or disability. No contribution was accrued during 2018. The Vice President & Director of Athletics is a participant in a split-dollar insurance plan. The University makes premium loan payments on the policies over the next five years. The first premium loan in the amount of $240,000 was paid in calendar year 2018. The Vice President & Director of Athletics is the owner of the policies utilized in the arrangement, and the University shall receive repayment of all premium loans, including interest, in accordance with the plan documents.
Schedule J, Part I, Line 7 Non-fixed payments Vice President & Chief Investment Officer received a bonus calculated using a portion of base pay and applying a percentage based upon qualitative assessment of performance plus a percentage per the bench-marked performance of Baylor's pooled investment, the Baylor University Fund. Highly compensated coaches may receive championship rings and/or gift cards, which are reported as taxable income.
Schedule J (Form 990) 2018
Additional Data


Software ID: 18007697
Software Version: 2018v3.1

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax-Exempt Bonds
SchKMediumBullet Complete if the organization answered "Yes" to Form 990, Part Ⅵ, line 24a. Provide descriptions,
explanations, and any additional information in Part Ⅵ.
SchKMediumBullet Attach to Form 990.
SchKMediumBulletGo to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2018
Open to Public
Inspection
Name of the organization
Baylor University
 
Employer identification number
74-1159753
Part Ⅰ
Bond Issues
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On
behalf of
issuer		 (i) Pool
financing
Yes No Yes No Yes No
A Clifton Higher Education Finance Corporation
  		80-0349380 187154AV1 04-14-2011 110,202,345 Refunding/refinancing of 2008B and commercial paper - 12/10/2008.   X   X   X
B Waco Education Finance Corporation
  		02-0603383 929833AW1 02-22-2012 129,496,800 New construction and real estate.   X   X   X
C WACO EDUCATION FINANCE CORPORATION
  		02-0603383 000000000 05-30-2017 59,750,000 REFUNDING OF PRIOR ISSUE DATED 04/08/2008.   X   X   X
Part Ⅱ
Proceeds
A B C D
1 Amount of bonds retired .................. 26,875,000 0 5,690,000  
2 Amount of bonds legally defeased .............. 0 0 0  
3 Total proceeds of issue .................. 110,202,352 129,621,446 59,750,000  
4 Gross proceeds in reserve funds ............. 0 0 0  
5 Capitalized interest from proceeds ............. 0 6,025,765 0  
6 Proceeds in refunding escrows ............... 0 0 0  
7 Issuance costs from proceeds ............... 1,183,277 1,070,499 0  
8 Credit enhancement from proceeds ............. 0 0 0  
9 Working capital expenditures from proceeds ............. 0 0 0  
10 Capital expenditures from proceeds ............. 0 122,525,182 0  
11 Other spent proceeds ............. 109,019,075 0 59,750,000  
12 Other unspent proceeds ............. 0 0 0  
13 Year of substantial completion ............. 2014
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue? .... X     X X      
15 Were the bonds issued as part of an advance refunding issue? .....   X   X   X    
16 Has the final allocation of proceeds been made? .......... X   X   X      
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? .................. X   X   X      
Part Ⅲ
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............   X   X   X    
2 Are there any lease arrangements that may result in private business use of bond-financed property? ............... X     X X      
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2018

Schedule K (Form 990) 2018
Page 2
Part Ⅲ
Private Business Use (Continued)
A B C D
Yes No Yes No Yes No Yes No
3a Are there any management or service contracts that may result in private business use of bond-financed property? ............. X   X   X      
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property? X   X   X      
c Are there any research agreements that may result in private business use of bond-financed property? ............. X     X X      
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property? X       X      
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....SchKMediumBullet 0 % 0 % 0 %  
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government ......... SchKMediumBullet 0 % 0 % 0 %  
6 Total of lines 4 and 5 ............. 0 % 0 % 0 %  
7 Does the bond issue meet the private security or payment test? ...   X   X   X    
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............   X   X   X    
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..        
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............                
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2? ........ 		X   X   X      
Part Ⅳ
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...   X   X   X    
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......   X   X   X    
b Exception to rebate? ........   X   X X      
c No rebate due? ......... X   X     X    
If "Yes" to line 2c, provide in Part Ⅵ the date the rebate
computation was performed ......
3 Is the bond issue a variable rate issue? .....   X   X X      
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X   X X      
b Name of provider ..........  
  		 
  		BARCLAYS BANK LLP
  		 
 
c Term of hedge .........     2250 %  
d Was the hedge superintegrated? ......           X    
e Was the hedge terminated? ........           X    
Schedule K (Form 990) 2018

Schedule K (Form 990) 2018
Page 3
Part Ⅳ
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?   X   X   X    
b Name of provider ..........  
  		 
  		 
  		 
 
c Term of GIC .........        
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........                
6 Were any gross proceeds invested beyond an available temporary period?   X   X   X    
7 Has the organization established written procedures to monitor the requirements of section 148? ... X   X   X      
Part Ⅴ
Procedures To Undertake Corrective Action
--------------------------------------------------------------------------------------------------------------- A B C D
Yes No Yes No Yes No Yes No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations? X   X   X      
Part Ⅵ
Supplemental Information. Provide additional information for responses to questions on Schedule K (see instructions).
Return Reference Explanation
Schedule K, Part II, Line 13 Columns A & C Columns A & C are left blank due to Baylor's understanding to report new money projects for year of substantial completion, not amounts used in refunding or refinancing.
Schedule K, Part II, Line 11 Column A $35,000,000 of the Series 2011 proceeds were used to refinance a portion of commercial paper loan, which originally financed multiple capital projects for the University. The remaining amount was used to refund Series 2008B issue.
Schedule K, Part V Part V Baylor has procedures that it follows for tax-exempt bonds to ensure compliance with applicable Federal regulations and to identify any potential violations of Federal tax requirements. Baylor's procedures have been in place since the issuance of the bonds and are periodically reviewed and updated.
Schedule K, Part II, Line 11 Column C The amount was used to refund SERIES 2008A ISSUE.
Schedule K, Part II, Line 3 Column A & B The total proceeds exceed the issue price due to investment earnings
Schedule K, Part IV, Line 2b Column C All proceeds of the issue were spent in one day.
Schedule K, Part IV, Line 2c COLUMN A Issuer name: Clifton Higher Education Finance Corporation The calculation for computing no rebate due was performed on 09/30/2011
Schedule K, Part IV, Line 2c COLUMN B Issuer name: Waco Education Finance Corporation The calculation for computing no rebate due was performed on 05/31/2016
Schedule K (Form 990) 2018

Additional Data


Software ID: 18007697
Software Version: 2018v3.1

Schedule L
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
MediumBullet Complete if the organization answered "Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b.
MediumBullet Attach to Form 990 or Form 990-EZ.
MediumBulletGo to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2018
Open to Public Inspection
Name of the organization
Baylor University
 
Employer identification number

74-1159753
Part I
Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
1(a) Name of disqualified person (b) Relationship between disqualified person and organization (c) Description of transaction (d) Corrected?
Yes No
2
Enter the amount of tax incurred by organization managers or disqualified persons during the year under section 4958. ........................... Bullet Image$
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ Bullet Image$
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22
(a) Name of interested person (b) Relationship with organization (c) Purpose of loan (d) Loan to or from the organization? (e)Original principal amount (f)Balance due (g) In default? (h) Approved by board or committee? (i)Written agreement?
To From Yes No Yes No Yes No
(1) Mack Rhoades IV
  		Current Officer To purchase cash value of life insurance policy to supplement retirement income   X 240,000 244,784   No Yes   Yes  
Total ...............Small Bullet $ 244,784
Part III
Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of assistance (d) Type of assistance (e) Purpose of assistance
(1) NOT REQUIRED
  		NOT REQUIRED 244,291 Academic SCHOLARSHIPS Educational support
(2) NOT REQUIRED
  		NOT REQUIRED 38,142 Ministry Guidance scholarships Educational Support
(3) NOT REQUIRED
  		NOT REQUIRED 35,607 Graduate Assistantships Educational Support
(4) NOT REQUIRED
  		NOT REQUIRED 29,620 NEED-BASED SCHOLARSHIPs Educational Support
(5) NOT REQUIRED
  		NOT REQUIRED 800 ATHLETIC SCHOLARSHIPS Educational Support
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990 or 990-EZ) 2018
Schedule L (Form 990 or 990-EZ) 2018
Page 2
Part IV
Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues?
Yes No
(1) Richard Gochis
  		Spouse OF OFFICER Cheryl Gochis 207,092 EMPLOYMENT   No
(2) Steve Cates
  		Brother-in-law of Officer Cheryl Gochis 107,261 EMPLOYMENT   No
(3) Hank Sanderson
  		Son of REGENT Dusty Sanderson 55,541 EMPLOYMENT   No
(4) The Clifton Robinson Intervivos Irrevocable asset Trust dba WASHINGTON PART
NERS LTD 		Entity more than 35% owned by REGENT C. CLIFTON ROBINSON 680,358 Rental of Property and Renovations to Building   No
(5) LAUREN SANDERSON
  		DAUGHTER-IN-LAW OF REGENT DUSTY SANDERSON 47,087 EMPLOYMENT   No
(6) Will Driskell
  		Spouse of Officer Robyn Driskell 136,495 Employment   No
(7) BENJAMIN STEVENS
  		SON OF REGENT KIM STEVENS 88,234 Employment   No
(8) JONATHAN HARRISON
  		SON-IN-LAW OF REGENT GORDON WILKERSON 114,144 EMPLOYMENT   No
(9) Angela Alejandro DuShane
  		Daughter of Former Officer Juan Alejandro 27,270 Employment   No
(10) Brenda Davis
  		Spouse of office Darin Davis 21,150 Employment   No
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
Schedule L, Part IV All business transactions involving interested persons were entered into on an arm's length basis with the interested party having no involvement in or influence over the transaction.
Schedule L (Form 990 or 990-EZ) 2018


Additional Data


Software ID: 18007697
Software Version: 2018v3.1




SCHEDULE M
(Form 990)

Department of the Treasury
Internal Revenue Service
Noncash Contributions
Right pointing arrow large imageComplete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image Attach to Form 990.
Right pointing arrow large imageGo to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2018
Open to Public Inspection
Name of the organization
Baylor University
 
Employer identification number

74-1159753
Part I
Types of Property
(a)
Check if applicable 		(b)
Number of contributions or items contributed 		(c)
Noncash contribution amounts reported on
Form 990, Part VIII, line 1g 		(d)
Method of determining
noncash contribution amounts
1 Art—Works of art .... X 9 150,255 Opinions of experts
2 Art—Historical treasures .        
3 Art—Fractional interests ..        
4 Books and publications ..      
5 Clothing and household
goods ....... 		     
6 Cars and other vehicles .. X 1 51,325 Market value
7 Boats and planes ....        
8 Intellectual property ...        
9 Securities—Publicly traded . X 98 4,306,348 Other - Average of high and low market
10 Securities—Closely held stock . X 2 104,963 Selling cost
11 Securities—Partnership, LLC,
or trust interests .... 		       
12 Securities—Miscellaneous ..        
13 Qualified conservation
contribution—Historic
structures ..... 		       
14 Qualified conservation
contribution—Other ... 		       
15 Real estate—Residential .        
16 Real estate—Commercial ..        
17 Real estate—Other ... X 2 2,935,558 Opinions of experts
18 Collectibles .....        
19 Food inventory ... X 1 730 Other - Invoices/receipts
20 Drugs and medical supplies .        
21 Taxidermy ......        
22 Historical artifacts ....        
23 Scientific specimens .. X 1 1 Other - None
24 Archeological artifacts ... X 1 1 Other - None
25 Other Right pointing arrow large image ( Equipment ) X 2 2 Other - None
26 Other Right pointing arrow large image ( Horses ) X 9 528,600 Opinions of experts
27 Other Right pointing arrow large image ( Organ ) X 1 1 Other - None
28 Other Right pointing arrow large image ( Football Tickets ) X 2 800 Cost
Other Right pointing arrow large image ( Mineral Rights ) X 1 1 Other - None
Other Right pointing arrow large image ( Decorations/Balloons ) X 1 1 Other - None
Other Right pointing arrow large image ( Jewelry ) X 2 7,000 Cost
Other Right pointing arrow large image ( Stage Props ) X 1 1 Other - None
Other Right pointing arrow large image ( Market Research Data ) X 1 1 Other - None
Other Right pointing arrow large image ( Trailer ) X 1 28,500 Market value
29
Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement
29
14
Yes
No
30a
During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that it must hold for at least three years from the date of the initial contribution, and which is not required to be used for exempt purposes for the entire holding period? ...................
30a
 
No
b
If "Yes," describe the arrangement in Part II.
31
Does the organization have a gift acceptance policy that requires the review of any nonstandard contributions?
31
Yes
 
32a
Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash
contributions? ..........................
32a
Yes
 
b
If "Yes," describe in Part II.
33
If the organization did not report an amount in column (c) for a type of property for which column (a) is checked,
describe in Part II.
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 51227J
Schedule M (Form 990) (2018)
Schedule M (Form 990) (2018)
Page 2
Part II
Supplemental Information. Provide the information required by Part I, lines 30b, 32b, and 33, and whether the organization is reporting in Part I, column (b), the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information.
Return Reference Explanation
Schedule M, Part I, Line 1 Column (B) Number of Contributions or Items Contributed Baylor reported the receipt of these noncash contributions based on the number of contributions which at times also equals the number of items received.
Schedule M, Part I, Line 33 Explanation of Revenues Not Reported Some items included in Schedule M were valued at $1.00. The donor did not provide the University with an appraisal and the University did not have other knowledge of the valuation of these items. For this reason, the University did not show revenue for these donations other than $1.00 which represents receipt of the items.
Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions For stock gifts, third party brokers are used to trade the stock and brokers have a standing order to sell stock immediately upon receipt. Such arrangements are based on varying cents-per-share. The majority of trades are executed by a "market order."
Schedule M (Form 990) (2018)

Additional Data


Software ID: 18007697
Software Version: 2018v3.1
SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2018
Open to Public
Inspection
Name of the organization
Baylor University
 
Employer identification number

74-1159753
Return Reference Explanation
Form 990, Part I, Line 8 CONTRIBUTIONS AND GRANTS CONTRIBUTIONS AND GRANTS REPORTED IN THE UNIVERSITY'S AUDITED FINANCIAL STATEMENTS AND FORM 990 APPROPRIATELY EXCLUDE INTENTS TO GIVE (PLEDGES) AND REVOCABLE DEFERRED GIVING COMMITMENTS.
Form 990, Part III, Line 4d Description of other program services (Expenses $ 64,548,655 including grants of $ 1,755,044)(Revenue $ 143,827,888) OTHER EXPENSES CONTAINED HEREIN ARE COMPRISED OF THE FOLLOWING: RESEARCH, PUBLIC SERVICES, AND AUXILIARY ENTERPRISES. BAYLOR ENGAGES IN RESEARCH WORK SPONSORED BY NUMEROUS FEDERAL, STATE, AND LOCAL AGENCIES AND PRIVATE ENTITIES. ADDITIONALLY, BAYLOR PROVIDES NON-INSTRUCTIONAL SERVICES THAT BENEFIT INDIVIDUALS AND GROUPS EXTERNAL TO BAYLOR. AUXILIARY ENTERPRISES ARE COMPRISED GENERALLY OF THE FOLLOWING ITEMS: RESIDENCE HALLS, DINING SERVICES, BOOKSTORE, RENTAL PROPERTIES AND VENDING SERVICES.
Form 990, Part V, Line 1a Number Reported in Box 3 of Form 1096 Included in the number of forms reported in box 3 of Form 1096 are 21,773 1098-T Forms, 590 1098-E Forms, 1,582 1099-MISC Forms, 2 1099-K Forms, 0 1099-R Forms, and 1 1099-S Form.
Form 990, Part VI, Line 12a PART VI, LINES 12-15 BAYLOR UNIVERSITY'S POLICIES DETAILED IN LINES 12-15 DO NOT DIRECTLY APPLY TO ITS DISREGARDED ENTITIES.
Form 990, Part VI, Line 1a Delegate broad authority to a committee The Executive Committee consisted of the Chair, Vice Chairs, the chairs from among the Board's standing committees, the Emeriti Chair(subject to the requirement contained in Board Policy) and if still serving as a member of the Board, the immediate past Chair of the Board. The President also served as a non-voting member of the Executive Committee. The Board Chair also served as the Chair of the Executive Committee. This Committee had full authority of the Board to act on corporate issues between meetings with the exception of the following matters, which matters are specifically reserved for the Board: (1) any action regarding Baylor's mission, vision or strategic plans; (2) amendment of the certificate of formation, bylaws or board guidelines; (3) conferral of degrees; (4) selection, evaluation, or termination of the President; (5) termination of a Vice President or member of the President's Executive Council; (6) election of Baylor University Regents and Board officers; (7) removal of a Regent; (8) election of Regents to affiliated organizations; (9) any action increasing or decreasing the University's annual budget; (10) any action using Baylor credit; (11) determination of reasonableness of salaries, other compensation and benefits of disqualified or highly compensated persons; (12) any matter in which any voting or ex officio member of the Executive Committee asks to be considered by the Board; (13) capital projects and real property transactions.
Form 990, Part VI, Line 2 Family/business relationships amongst interested persons Alicia Monroe and Mark McCollum - Business relationship, Alicia Monroe and Larry Heard - Business relationship, Alicia Monroe and Dr. Linda Livingstone - Business relationship, Alicia Monroe and Todd Reppert - Business relationship
Form 990, Part VI, Line 7a Members or stockholders electing members of governing body The Baptist General Convention of Texas, a nonprofit Texas corporation, has the authority to elect up to 25% of the members of Baylor University's Board of Regents.
Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders Baylor University's Board of Regents may be required to obtain approval from the Baptist General Convention of Texas regarding certain changes to its governing documents which address board composition.
Form 990, Part VI, Line 11b Review of form 990 by governing body The return was reviewed by the University's outside tax accountants. Additionally, a copy of the Form 990 was distributed to all Regents and a review of the Form 990 was performed by the Regent Audit Committee. Senior administration including the President, Chief Business Officer, Vice President of Finance/ Assistant Secretary, General Counsel & Chief Legal Officer and Corporate Secretary, Chief of Staff to the President and Vice President for Board Relations, and Director of Internal Audit & Management Analysis participated in the review and discussion regarding the Form 990 and attached schedules with the Regent Audit Committee. All Board members were invited to participate in the Audit Committee meeting. A final copy of the return was provided to all Regents prior to the filing of the Form 990.
Form 990, Part VI, Line 12c Conflict of interest policy Baylor University maintains three separate conflict of interest policies applicable to the following groups: (1) Regents; (2) officers, administrative employees and other employees; and (3) faculty. Each group is required to complete an annual conflict of interest disclosure form. Regents: The Director of Internal Audit & Management Analysis reviews all completed Regent conflict disclosure forms and consults with the President, Chief Business Officer, General Counsel & Chief Legal Officer, and other University administrators, if necessary. A final report is prepared for review by the Regent Audit Committee. A Regent is not allowed to be involved in discussions, nor vote on related matters, should a conflict of interest exist. Conflicts of interest of a severe nature involving a Regent are addressed via the appropriate Baylor University Board of Regents Bylaws with the action(s) being determined by the Board that could include removal of that Regent as a member of the Board of Regents. Officers, administrative employees and other employees: The Director of Internal Audit & Management Analysis reviews all completed conflict disclosure forms and consults with the President, General Counsel & Chief Legal Officer, Chief Business Officer, Vice President for Human Resources & Chief Human Resources Officer, and other University administrators, if necessary. A final report of all potential conflicts which includes the Director of Internal Audit & Management Analysis' opinion as to whether a conflict of interest exists is provided to the President and Chief Business Officer. Should the Director of Internal Audit & Management Analysis and Senior Chief Business Officer differ in opinion as to whether a conflict of interest exists, then a final decision is made by the President. However, for potential conflicts reported by the President and her direct reports, the Regent Audit Committee will review those matters and make the final decision. A final report of all potential conflicts which includes the Director of Internal Audit & Management Analysis' opinion as to whether a conflict exists is provided to the Regent Audit Committee. Officers, administrative employees and other employees are restricted from participating in the decision-making process for those transactions that involve the acquisition of goods or services should a conflict of interest exist. Conflicts of interest of a severe nature include application of the Baylor University Staff Disciplinary Policy, which provides for different levels of disciplinary actions, including employee termination. Faculty: The Director of Internal Audit & Management Analysis and the Interim Provost/Acting Vice Provost review all completed conflict disclosure forms and consult with the President, General Counsel & Chief Legal Officer, Vice President for Human Resources & Chief Human Resources Officer, and other University administrators, if necessary. Should the Director of Internal Audit & Management Analysis and the Interim Provost/Acting Vice Provost differ in opinion as to whether a conflict of interest exists, then a final decision is made by the President. A final report of all potential conflicts which includes the Director of Internal Audit & Management Analysis' opinion as to whether a conflict exists is provided to the Regent Audit Committee. Faculty are restricted from participating in the decision-making process for those transactions that involve the acquisition of goods or services should a conflict of interest exist. Conflicts of interest of a severe nature include application of Baylor University Personnel Policy which provides for consequences including termination of the faculty member.
Form 990, Part VI, Line 15a Process to establish compensation of top management official Baylor's procedures and practices in support of the Board of Regents Guidelines for Board Operations ensure that compensation arrangements for the President must be approved by the Board in order to go into effect. A Regent subcommittee conducts the President assessment process and obtains and reviews appropriate comparable compensation data annually and as needed in order to review and approve compensation arrangements. The comparability data comes from a variety of sources which includes qualified, independent outside compensation consultants selected by the Board of Regents, surveys conducted by outside consultants that includes salaries and/or benefits data, Form 990 data from other institutions, College and University Professional Association for Human Resources surveys, and Western Management Group Surveys. The Regent subcommittee reviews the reasonableness of compensation arrangements against the comparability data as well as the performance of the President and documents the basis of their determinations and actions concurrent with making the determination. The documentation includes the terms of the transaction, the date of approval, the names of the Regent subcommittee members present during the review and vote on the transaction, the comparability data relied upon and the basis for the determination. The Regent subcommittee subsequently presents its recommendations to the full Regent Board for approval, which is concurrently documented as well. This process was performed in 2018-2019.
Form 990, Part VI, Line 15b Process to establish compensation of other employees Baylor's procedures and practices ensure that compensation arrangements for other officers and key employees deemed to be disqualified persons and/or highly compensated must be approved by the Board of Regents in order to go into effect. A Regent subcommittee obtains and reviews appropriate comparable compensation data annually, and as needed, in order to review and approve compensation arrangements for other officers and key employees deemed to be disqualified persons and/or highly compensated. This includes the review and approval of the President's salary recommendations for Executive Council members. The comparability data comes from a variety of sources which includes qualified, independent outside compensation consultants selected by the Board of Regents, surveys conducted by outside consultants that includes salaries and/or benefits data, Form 990 data from other institutions, College and University Professional Association for Human Resources surveys, Western Management Group Surveys, Winthrop AD surveys, and athletics association surveys. The Regent subcommittee reviews the reasonableness of compensation arrangements against the comparability data and documents the basis of their determinations and actions concurrent with making the determination. The documentation includes the terms of the transaction, the date of approval, the names of the Regent subcommittee members present during the review and vote on the transaction, the comparability data relied upon and basis for the determination. The Regent subcommittee subsequently presents its recommendations to the full Regent Board for approval, which is concurrently documented as well. This occurs annually and as needed. All officers and key employees that are included in Part VII, Section A, were reviewed under this process in 2018-2019.
Form 990, Part VI, Line 19 Required documents available to the public Baylor's certificate of formation, bylaws, guidelines for board operations, statement of commitment and responsibilities, conflict of interest policies, and financial statements are posted on Baylor's website.
Form 990, Part VII, Section A, Line 1a, Column (E) Compensation from Related Organizations Baylor transmits an annual questionnaire with pertinent instructions and definitions to each of its current and former regents, officers, key employees, and highest compensated employees listed on Part VII, Section A, inquiring into amounts of any reportable compensation or other compensation received by these individuals from a related organization. The questionnaire includes the name, title, date, and signature of each person reporting the information to Baylor. No amounts were reported for the fiscal year ending 5/31/19.
Form 990, Part VII, Section A, Line 1a, Column (B) Average Hours Per Week The average hours reported per week for Regents Gaynor Yancey, Andrea Dixon, William "Bill" S. Simon and Michael McFarland include average hours in their roles as board members and employees of the University. Five former officers have average hours reported because these individuals were employed during all of the calendar year that fell within the current tax year but not in the role as officers. One highly compensated employee and two former officers have 0 hours reported because no services were performed during the calendar year falling within the current tax year.
Form 990, Part VII, Section A, Line 1a, Column (D) Reportable compensation from the organization Reportable compensation for Regents Gaynor Yancey, Andrea Dixon, William "Bill" S. Simon and Michael McFarland include compensation in their roles as employees and regents of the University. Reportable compensation for Regents Dennis Ray Wiles and Drayton McLane include compensation as regents and in roles other than Regents. Officer Nancy Brickhouse has $0 reportable compensation since she did not become an officer until the end of the tax year and was not employed during calendar year 2018.
Form 990, Part VII, Section A Former Officer Compensation Reportable compensation for some former officers includes wages paid pursuant to contractual arrangements with the University subsequent to the end of their roles as officers.
Form 990, Part VIII, Line 1h Total Contributions, Gifts Grants and Other Similar Amounts Contributions and grants reported in the University's audited financial statements and Form 990 appropriately exclude intents to give (pledges) and revocable deferred giving commitments.
Form 990, Part VIII, Line 1h TOTAL CONTRIBUTIONS, GIFTS, GRANTS AND OTHER SIMILAR AMOUNTS CONTRIBUTIONS AND GRANTS REPORTED IN THE UNIVERSITY'S AUDITED FINANCIAL STATEMENTS AND FORM 990 APPROPRIATELY EXCLUDE INTENTS TO GIVE (PLEDGES) AND REVOCABLE DEFERRED GIVING COMMITMENTS.
Form 990, Part VIII, Line 2f Other Program Service Revenue Auxillary - Total Revenue: 11745512, Related or Exempt Function Revenue: 10880754, Unrelated Business Revenue: 599204, Revenue Excluded from Tax Under Sections 512, 513, or 514: 265554;
Form 990, Part XI, Line 9 Other changes in net assets or fund balances Gain on Interest Rate Swap - -1760928; Present Value Adjustment to Annuities Payable - -199462; Facilities & Admin Cost Allocation Adjustment - 2698974; Fundraising Expense Adjustment - 1859; Ticket Elimination - 1484167; Miscellaneous Reclass - 439956; Scholarships Related to Auxiliaries Reclassed to Auxiliary Enterprises - 1450714; Reclass of Permanent Endowment Income Distributions for External Reporting - 2751627;
Schedule J, Part I, Line 8 Payments on contract that is subject to the initial contract exception Fixed payments associated with the contracts entered into with the President, Vice President and Provost, Chief Business Officer, and Vice President for Marketing & Communications & Chief Marketing Officer are subject to the initial contract exception. These officers were not disqualified persons immediately prior to entering into the initial contract.
Schedule J, Part II COMPENSATION FROM AN UNRELATED ORGANIZATION OR INDIVIDUAL NAME - KIM MULKEY, COMPENSATION FROM UNRELATED ORGANIZATION - 25000.000000, NAME OF UNRELATED ORGANIZATION - NIKE, TYPE OF COMPENSATION - CASH COMPENSATION
Schedule J, Part II COMPENSATION FROM AN UNRELATED ORGANIZATION OR INDIVIDUAL NAME - PHILLIP SNOW, COMPENSATION FROM UNRELATED ORGANIZATION - 620.000000, NAME OF UNRELATED ORGANIZATION - LONE STAR CLINIC, TYPE OF COMPENSATION - FOOTBALL COACHES CLINIC APPEARANCE
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2018


Additional Data


Software ID: 18007697
Software Version: 2018v3.1
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBulletAttach to Form 990.
MediumBullet Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047
2018
Open to Public Inspection
Name of the organization
Baylor University
 
Employer identification number

74-1159753
Part I
Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income


 		(e)
End-of-year assets


 		(f)
Direct controlling
entity
(1) MARY ANN KOKERNOT LAWRENCE LACY TRUST
COMM BANK AND TRUST PO BOX 2303
WACO,TX76703
 GRANTOR TRUST IN SUPPORT OF BAYLOR TX 0 525,634 BAYLOR UNIVERSITY
 










Part II
Identification of Related Tax-Exempt Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section


 		(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled entity?
Yes No
(1)BRAZOS VALLEY PUBLIC BROADCASTING FOUNDATION DBA KWBU-FM
One Bear Place 97296

WACO,TX767987296
74-2674611 		PROVIDE AND PROMOTE QUALITY EDUCATIONAL PROGRAMMING TX 501(c)(3) 7 BAYLOR UNIVERSITY
 
Yes
 
(2)FB KIRCHNER SCHOLARSHIP FUND #6886
FROST NATIONAL BANK PO BOX 2950

SAN ANTONIO,TX78299
74-2646348 		PROVISION OF SCHOLARSHIPS TX 501(c)(3) Type III-O BAYLOR UNIVERSITY
 
Yes
 
(3)BRYAN NICHOLS SCHOLARSHIP TRUST 332
118 S HOUSTON AVENUE

CAMERON,TX765203932
74-6438292 		PROVISION OF SCHOLARSHIPS TX 501(c)(3) PF BAYLOR UNIVERSITY
 
Yes
 
(4)HAROLD E RILEY FOUNDATION
PO BOX 149151

AUSTIN,TX787149151
30-0181669 		SUPPORT OF BAYLOR AND SW THEOLOGICAL SEMINARY TX 501(c)(3) Type I NA
 
 
No
(5)FLEMING CHURCH LOAN TRUST
1601 ELM STREET SUITE 1700

DALLAS,TX752017241
75-6035987 		TRUST SUPPORTING BAYLOR UNIVERSITY, AS WELL AS OTHER ORGANIZATIONS TX 501(c)(3) Type II NA
 
 
No
(6)KOKERNOT TRUST
1601 ELM STREET SUITE 1700

DALLAS,TX752017241
75-6040747 		TRUST WHICH PAYS INCOME IN SUPPORT OF BAYLOR UNIVERSITY AND OTHER UNIVERSITIES TX 501(c)(3) Type II BAYLOR UNIVERSITY
 
Yes
 
(7)BIG TWELVE CONFERENCE INC
400 E JOHN CARPENTER FREEWAY

IRVING,TX75062
75-2604555 		ORGANIZE, PROMOTE AND ADMINISTER INTERCOLLEGIATE ATHLETICS AMONG ITS MEMBER INSTITUTIONS DE 501(c)(3) Type I NA
 
 
No
(8)THE MARRS MCLEAN TRUST #487601
PO BOX 2950

SAN ANTONIO,TX78299
74-6342783 		TRUST SUPPORTS BAYLOR UNIVERSITY AND OTHER COLLEGES TX 501(c)(3) Type III-O NA
 
 
No
(9)CENTRAL TEXAS TECHNOLOGY AND RESEARCH PARK
ONE BEAR PLACE 97043

WACO,TX767987043
27-3848177 		HOLDING COMPANY TX 501(c)(2)   BAYLOR UNIVERSITY
 
Yes
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2018
Schedule R (Form 990) 2018
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No












Part IV
Identification of Related Organizations Taxable as a Corporation or Trust Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
 		(b)
Primary activity
 		(c)
Legal
domicile
(state or foreign
country)
 		(d)
Direct controlling
entity
 		(e)
Type of entity
(C corp, S corp,
or trust) 		(f)
Share of total income
 		(g)
Share of end-of-year
assets
 		(h)
Percentage
ownership
 		(i)
Section 512(b)(13) controlled entity?
Yes No
(1) CHARITABLE REMAINDER TRUSTS (49)

 
 
CHARITABLE TRUST - SUPPORT TX NA
  		Trust       Yes  
(2) CHARITABLE LEAD TRUSTS (2)

 
 
CHARITABLE TRUST - SUPPORT TX NA
  		Trust       Yes  
(3) POOLED INCOME FUND (1)

 
 
CHARITABLE TRUST - SUPPORT TX NA
  		Trust       Yes  
(4) CHARITABLE LEAD TRUST (1)

 
 
CHARITABLE TRUST - SUPPORT FL NA
  		Trust       Yes  
(5) CHARITABLE REMAINDER TRUSTS (1)

 
 
CHARITABLE TRUST - SUPPORT LA NA
  		Trust       Yes  
(6) CHARITABLE REMAINDER TRUST (1)

 
 
CHARITABLE TRUST - SUPPORT KY NA
  		Trust       Yes  
(7) CHARITABLE REMAINDER TRUST (1)

 
 
CHARITABLE TRUST - SUPPORT AR NA
  		Trust       Yes  
(8) Grantor Trust

 
 
Grantor Trust - Support TX NA
  		Trust       Yes  
Schedule R (Form 990) 2018
Schedule R (Form 990) 2018
Page 3
Part V
Transactions With Related Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................
1a
Yes
 
b Gift, grant, or capital contribution to related organization(s) ............................
1b
Yes
 
c Gift, grant, or capital contribution from related organization(s) ............................
1c
 
No
d Loans or loan guarantees to or for related organization(s) ............................
1d
 
No
e Loans or loan guarantees by related organization(s) ............................
1e
 
No
f Dividends from related organization(s) ............................
1f
 
No
g Sale of assets to related organization(s) ............................
1g
 
No
h Purchase of assets from related organization(s) ............................
1h
 
No
i Exchange of assets with related organization(s) ............................
1i
 
No
j Lease of facilities, equipment, or other assets to related organization(s) .......................
1j
 
No
k Lease of facilities, equipment, or other assets from related organization(s) ......................
1k
Yes
 
l Performance of services or membership or fundraising solicitations for related organization(s) .....................
1l
Yes
 
m Performance of services or membership or fundraising solicitations by related organization(s) .................
1m
Yes
 
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................
1n
Yes
 
o Sharing of paid employees with related organization(s) ............................
1o
Yes
 
p Reimbursement paid to related organization(s) for expenses ............................
1p
 
No
q Reimbursement paid by related organization(s) for expenses ............................
1q
 
No
r Other transfer of cash or property to related organization(s) ............................
1r
 
No
s Other transfer of cash or property from related organization(s) ............................
1s
Yes
 
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization 		(b)
Transaction
type (a-s) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1) BRAZOS VALLEY PUBLIC BROADCASTING FOUNDATION DBA KWBU-fm

 B 225,376 CASH CONTRIBUTIONS
(2) BRAZOS VALLEY PUBLIC BROADCASTING FOUNDATION DBA KWBU-FM

 L 259,121 COST
(3) BRAZOS VALLEY PUBLIC BROADCASTING FOUNDATION DBA KWBU-FM

 M 149,415 COST
(4) BRAZOS VALLEY PUBLIC BROADCASTING FOUNDATION DBA KWBU-FM

 N 82,396 ESTIMATED FAIR MARKET VALUE
(5) FB KIRCHNER SCHOLARSHIP FUND #6886

 A 16,806 CASH
(6) KOKERNOT TRUST

 A 263,699 CASH
(7) CHARITABLE LEAD TRUST (3)

 A 253,112 CASH
(8) Grantor Trust

 S 42,194 Cash
Schedule R (Form 990) 2018
Schedule R (Form 990) 2018
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)

(e)
Are all partners
section
501(c)(3)
organizations? 		(f)
Share of total income




 		(g)
Share of
end-of-year
assets 		(h)
Disproprtionate allocations? 		(i)
Code V-UBI
amount in box 20
of Schedule K-1
(Form 1065) 		(j)
General or
managing
partner? 		(k)
Percentage
ownership
Yes No Yes No Yes No






























Schedule R (Form 990) 2018
Schedule R (Form 990) 2018
Page 5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R (see instructions).
Return Reference Explanation
Schedule R (Form 990) 2018

Additional Data


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