Southwestern University is located in Georgetown, TX. The organization was established in 1971. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Southwestern University employed 1,285 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwestern University is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Southwestern University generated $120.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $109.1m during the year ending 06/2021. While expenses have increased by 4.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SOUTHWESTERN UNIVERSITY, UNDER THE AUSPICES OF THE UNITED METHODIST CHURCH, IS COMMITTED TO UNDERGRADUATE LIBERAL EDUCATION INVOLVING BOTH THE STUDY OF AND PARTICIPATION IN SIGNIFICANT ASPECTS OF OUR CULTURAL HERITAGE, EXPRESSED PRIMARILY THROUGH THE ARTS, THE SCIENCES, THE INSTITUTIONS AND THE PROFESSIONS OF SOCIETY. AS A TEACHING-LEARNING COMMUNITY, SOUTHWESTERN ENCOURAGES RIGOROUS INQUIRY AND SCHOLARSHIP, CREATIVE TEACHING, AND THE EXPRESSION OF FREE HUMAN LIFE. THE UNIVERSITY SEEKS TO INVOLVE THE STUDENT IN FINDING A PERSONAL AND SOCIAL DIRECTION FOR LIFE, DEVELOPING MORE SENSITIVE METHODS OF COMMUNICATION, CULTIVATING THOSE QUALITIES AND SKILLS WHICH MAKE FOR PERSONAL AND PROFESSIONAL EFFECTIVENESS, AND LEARNING TO THINK CLEARLY AND MAKE RELEVANT JUDGMENTS AND DISCRIMINATIONS.
Describe the Organization's Program Activity:
INSTRUCTIONAL SERVICES AND FINANCIAL ASSISTANCE: THE UNIVERSITY'S PRIMARY MISSION IS FOSTERING A LIBERAL ARTS EDUCATIONAL COMMUNITY OF THE HIGHEST CALIBER. THE UNIVERSITY SEEKS TO DEVELOP A COMMUNITY OF SCHOLARS IN BOTH ITS FACULTY AND STUDENT BODY THAT IS SELF-CRITICAL AND TOUGH-MINDED, AND THAT MAINTAINS RIGOROUS ACADEMIC STANDARDS. THROUGH ITS PAIDEIA PROGRAM, THE UNIVERSITY TRANSCENDS CONVENTIONAL APPROACHES TO TEACHING AND LEARNING THROUGH A STUDENT-DRIVEN, FACULTY-LED EXPERIENCE. THE PROGRAM EMPHASIZES INTELLECTUAL CURIOSITY, PROMOTES CONNECTIONS BETWEEN ACADEMIC COURSES, OFFERS INTERCULTURAL AND DIVERSITY EXPERIENCES, ENCOURAGES CIVIC ENGAGEMENT, AND SUPPORTS COLLABORATIVE OR GUIDED RESEARCH AND CREATIVE WORKS. FOR THE YEAR, THE UNIVERSITY PROVIDED SERVICES TO 1,548 STUDENTS IN ITS ACADEMIC INSTRUCTIONAL PROGRAMS. MOST OF THE UNIVERSITY'S ENROLLMENT IS TRADITIONAL COLLEGE-AGE STUDENTS, AND FOR THE FALL 2020 SEMESTER, 98.8% WERE ENROLLED FULL-TIME (12 OR MORE CREDIT HOURS FOR THE SEMESTER). THE STUDENT-TEACHER RATIO WAS APPROXIMATELY 13:1 IN THE CURRENT YEAR. APPROXIMATELY 98% OF UNIVERSITY STUDENTS RECEIVED INSTITUTIONAL FINANCIAL ASSISTANCE. APPROXIMATELY 59% OF UNIVERSITY STUDENTS RECEIVED NEED-BASED FINANCIAL ASSISTANCE.
STUDENT SERVICES: THE UNIVERSITY SEEKS TO SUPPORT ITS PRIMARY ACADEMIC MISSION THROUGH ROBUST STUDENT SERVICES FOR ITS PRIMARILY RESIDENTIAL LIBERAL ARTS CAMPUS. STUDENT SERVICES INCLUDE THE POLICE DEPARTMENT, STUDENT ACTIVITIES, RESIDENTIAL LIFE ADMINISTRATION, CAREER COUNSELING SERVICES, STUDENT HEALTH AND COUNSELING SERVICES, NCAA III ATHLETICS, INTRAMURAL SPORTS, AND OTHER SERVICES VITAL TO SUPPORT A RESIDENTIAL ACADEMIC COMMUNITY OF THE HIGHEST CALIBER AND QUALITY.
AUXILIARY ENTERPRISES, INCLUDE STUDENT RESIDENTIAL CENTER OPERATIONS AND FOOD SERVICE OPERATIONS. FOR THIS ACADEMIC YEAR, APPROXIMATELY 52.10% OF THE STUDENT BODY LIVED ON CAMPUS IN RESIDENTIAL CENTERS. RESIDENTIAL CENTERS INCLUDE LIVING/LEARNING CENTERS WHICH INTEGRATE CLASSROOM AND OTHER EXPERIENCES INTO THE RESIDENTIAL ENVIRONMENT. FOOD SERVICES IS PROVIDED PRIMARILY FOR RESIDENTIAL AND NONRESIDENTIAL STUDENT USAGE, FACULTY, STAFF, AND GUESTS OF THE UNIVERSITY. AUXILIARY ENTERPRISES EXPENSES INCLUDE DEPRECIATION, INTEREST, AND PHYSICAL PLANT EXPENSE ALLOCATIONS.
THE UNIVERSITY WAS AWARDED FUNDING FROM THE HIGHER EDUCATON EMERGENCY RELIEF FUND (HEERF) THROUGH THE CORONAVIRUS RESPONSE & RELIEF SUPPLEMENTAL APPROPRIATIONS ACT ("CRRSAA") ACT TO PROVIDE EMERGENCY FINANCIAL AID GRANTS TO STUDENTS FOR EXPENSES RELATED TO THE DISRUPTION OF CAMPUS OPERATIONS AND TO COVER EXPENSES ASSOCIATED WITH SIGNIFICANT CHANGES TO THE DELIVERY OF INSTRUCTION DUE TO THE CORONAVIRUS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Laura Skandera Trombley Trustee & President 7/1/20-12/31/20 | OfficerTrustee | 40 | $329,162 |
Dale T Knobel Trustee & Interim Pres To 6/2020 | Trustee | 1.7 | $261,762 |
Craig Erwin VP For Finance & Administration | Officer | 40 | $221,650 |
Thomas Delahunt VP For Strategic Recruitment & Enrollment | Officer | 40 | $210,725 |
Dr Edward Burger Former President | 0.1 | $199,222 | |
Alisa Mcalister Gaunder Dean Of The Faculty | Officer | 40 | $198,046 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Sodexo Services Texas Llp Food Service | 6/29/21 | $1,838,767 |
Apogee Telecom Inc Internet | 6/29/21 | $963,953 |
Texas Airsystems Llc Equipment Repairs | 6/29/21 | $362,026 |
Johnson Controls Inc Equipment Repairs | 6/29/21 | $336,233 |
Carnegie Dartlet Llc Marketing | 6/29/21 | $312,333 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $21,845 |
Related organizations | $7,723,206 |
Government grants | $3,390,351 |
All other contributions, gifts, grants, and similar amounts not included above | $11,414,855 |
Noncash contributions included in lines 1a–1f | $4,401,342 |
Total Revenue from Contributions, Gifts, Grants & Similar | $22,550,257 |
Total Program Service Revenue | $75,326,651 |
Investment income | $10,465,748 |
Tax Exempt Bond Proceeds | $21 |
Royalties | $6,141 |
Net Rental Income | $1,036 |
Net Gain/Loss on Asset Sales | $11,570,039 |
Net Income from Fundraising Events | -$2,364 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $120,545,319 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $39,161,783 |
Grants and other assistance to Foreign Orgs/Individuals | $10,389 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,984,530 |
Compensation of current officers, directors, key employees. | $1,147,461 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $26,689,598 |
Pension plan accruals and contributions | $1,550,021 |
Other employee benefits | $4,238,487 |
Payroll taxes | $1,978,774 |
Fees for services: Management | $0 |
Fees for services: Legal | $110,854 |
Fees for services: Accounting | $91,150 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $9,832,441 |
Fees for services: Other | $3,142,791 |
Advertising and promotion | $19,662 |
Office expenses | $1,586,643 |
Information technology | $1,836,976 |
Royalties | $2,450 |
Occupancy | $2,894,450 |
Travel | $663,844 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $108,785 |
Interest | $1,381,187 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $6,398,988 |
Insurance | $596,391 |
All other expenses | $2,666,801 |
Total functional expenses | $109,102,655 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,281,755 |
Savings and temporary cash investments | $46,626,399 |
Pledges and grants receivable | $9,872,203 |
Accounts receivable, net | $2,943,782 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $1,055,620 |
Inventories for sale or use | $141,166 |
Prepaid expenses and deferred charges | $272,959 |
Net Land, buildings, and equipment | $128,715,517 |
Investments—publicly traded securities | $1,223,477 |
Investments—other securities | $347,449,781 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $5,860,970 |
Total assets | $545,443,629 |
Accounts payable and accrued expenses | $10,673,313 |
Grants payable | $2,081,098 |
Deferred revenue | $3,735,938 |
Tax-exempt bond liabilities | $27,310,360 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $136,038 |
Unsecured mortgages and notes payable | $10,000,000 |
Other liabilities | $6,341,486 |
Total liabilities | $60,278,233 |
Net assets without donor restrictions | $136,718,825 |
Net assets with donor restrictions | $348,446,571 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $545,443,629 |
Over the last fiscal year, we have identified 30 grants that Southwestern University has recieved totaling $1,540,027.
Awarding Organization | Amount |
---|---|
The Cullen Trust For Higher Education Houston, TX PURPOSE: TO ESTABLISH A PERMANENT ENDOWMENT FUND TO SUPPORT THE SCOPE STUDENT-FACILITY COLLABORATIVE SUMMER RESEARCH PROGRAM. | $500,000 |
Perkins-Prothro Foundation Wichita Falls, TX PURPOSE: HIGH IMPACT EXPERIENCE | $200,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $174,459 |
Dallas Foundation A Tx Nonprofit Corporation Dallas, TX PURPOSE: GENERAL SUPPORT | $163,000 |
Thomas Lucius Downs Jr & Grace Pate Downs Scholarship Fund San Antonio, TX PURPOSE: CHARITABLE | $87,000 |
Palm Beach Community Trust Fund Las Vegas, NV PURPOSE: SCHOLARSHIP | $68,750 |
Beg. Balance | $289,412,311 |
Earnings | $86,445,644 |
Net Contributions | $4,167,526 |
Other Expense | $11,578,631 |
Grants | $3,586,016 |
Ending Balance | $364,860,834 |
Organization Name | Assets | Revenue |
---|---|---|
University Of Tulsa Tulsa, OK | $1,745,122,340 | $321,403,576 |
Southwestern University Georgetown, TX | $545,443,629 | $120,545,319 |
University Of Dallas Irving, TX | $199,857,473 | $113,303,897 |
Hendrix College Conway, AR | $318,329,586 | $98,419,951 |
Oklahoma Baptist University Shawnee, OK | $289,242,729 | $80,964,114 |
Oklahoma Christian University Inc Oklahoma City, OK | $129,228,959 | $77,254,883 |
Ouachita Baptist University Arkadelphia, AR | $209,281,744 | $71,056,315 |
Wayland Baptist University Plainview, TX | $171,784,780 | $76,328,072 |
John Brown University Siloam Springs, AR | $239,506,733 | $75,339,651 |
Texas Lutheran University Seguin, TX | $175,887,975 | $71,493,316 |
Schreiner University Kerrville, TX | $168,371,925 | $56,783,840 |
Lubbock Christian University Lubbock, TX | $106,659,922 | $54,957,813 |