Penn State Right-To-Know Report 2010

Published on April 2017 | Categories: Documents | Downloads: 40 | Comments: 0 | Views: 286
of x
Download PDF   Embed   Report

Comments

Content

The Pennsylvania State University Right-to-Know law Report

May 20,2010

This Report is filed in accordance with the provisions of Chapter 15 of the Right-to-Know Law for the Fiscal Year commencing July 1, 2008 and ending June 30, 2009. This Report includes the following information as required by the Right-to-Know Law: 1. Section 1 -- Information required by Form 990 or an equivalent form, of the United States Department of the Treasury, Internal Revenue Service, entitled the Return of Organization Exempt From Income Tax, regardless of whether the State-related institution is required to file the form by the Federal Government. 2. Section 2 -- The salaries of all officers and directors of the State-related institution. 3. Section 3 - The highest 25 salaries paid to employees of the institution under Section 2. that are not included

Section 1:
All information required by Form 990 or an equivalent form, of the United States Department of the Treasury, Internal Revenue Service, entitled the Return of Organization Exempt From Income Tax, regardless of whether the State-related institution is required to file the form by the Federal Government.

A
B

Clleck if applicable:

For the 2008 calendar year, or tax year beginning Please C Name of organization The Penns
use IRS

Jut 1 Ivania State

, 2008, and ending Universit

June 30

,20 09
identification number

o
E

Employer

O Address change D Name change D Initial retum D Termination D Amended return D Application pending
-:---=I Tax-exempt J status:

label or t--::-Do_ing-:=-8_u_s:-in:-eSS~A:-s--:-:::-:-----::~,.,----_-:-::-_~ __ --:-:------,-_-.print or Number and slreel (Of P.O, box if mail is not delivered to street address) Room/suite
type. Specific,

---I,,::--=-2,.:.4-:-~_--:-=6.::.O.::.O.:..03::.7
Telephone number

See

1-4..:.:0:-:8::...0=..:.:ld::...:.:.M::=a::.:in~ __ University

-:-_-:-:==-----:-

---''-

f-!.(...:B:.;1:..:4:...!..-) _ _
G Gross receipts $

..::8:.::6::::5_-1:.;3:.:::5::: 9115670922
DYes

Instructions.

City or town, state or country. and ZIP + 4

Park, PA 16802
01 principal officer:

F Name and address

H(a) Is this a group relum for alfdiates{]Yes

........J..:;::.G::.:.r-=a='h.::a::.:m.:...:::S=a~n::.:ie:::r.L, .:;::.Oc;:ld=-:.:M::..;a::.:i:..;n"", ~U;:.n:.:.iv:.;.~P...:a::.:rk~~P.!..A~1:=6:.:::8-=0=2'--

0 501 (c) (

)~ (insert no.)

0

4947(a)(1) or

D 527

----J

H{b)

Are all affiliates included?

IZINo D No

If "No," attach a list. (see mstrucnons)

Website: •. PSU.EDU K Type of oryanization:1i:JCorporation Summary . 1

He Association 0 Other •. L Year of
formation:

Grou exem tion number ~ M State of legal

domicile: PA

Briefly describe the organization's mission or most significant activities:

~~_~_~~_~~):'~~~_r:!~:~_~~!1_~_~_~~~_t_~_'!!~!:~?!!y!_"
_ __L~~

_e.~~_~~1!~~1) !~_~t~!~_~ ':Ily.~r~.i!Y_!~_ ~_c!~!!l.i~~_t<? j'!!P!~yJ!!g_!~_~ I!y~~_ _ !>.~!~_~ 'p~,!J!~~_~H)_~~_~~1!~~_I)!~1_t~!!_ !!~!!~_~
_Cl_r:!~_!I1_~_~~!1~!h~<?'!!9_~_iJ!S.1!!~~g_':'~!~.!!t~!"!:P~rt~i!S.!!!!,!n_'!t~!9.I]:gl;J~ll!Y_!~~~h~~g;_!"~_!'!~.!'!~~h_I.!!l_~_!}.!!!~t:!~~!l· _ ~~!y_~~~!~y_!~ _ Cl.!!.i~~!!!!,!!~_~!ClE~ f~'!!!!1_!?!l_~_~~_f!:!l ~!f~}~ _<.>f.!~.tl. !!!!y)y'Cl!!i.a.~
2 Checkthis box •.

_
_

D if the organization discontinued operationsor disposedof morethan 25% of its assets. its
3
4

3 Number of voting members of the governing body (Part VI, line 1a). 4 'Number of independent voting members of the goveming body (Part VI, line 1b) 5 Total number of employees (Part V, line 2a) . _ 6 Total number of volunteers (estimate if necessary) 7a Total gross unrelated business revenue from Part VIII, line 12, column (C). b Net unrelated business taxable income from Form 990-T, line 34.
Prior Year

5 6
7a

7b
Current Year

•• 8 ; 9 ~ 10 11 12
:J

Contributions and grants (Part VIII, line 1h). . . . . _ Program service revenue (Part VIII, line 2g) . Investment income (Part VIII, column (A), lines 3, 4, and 7d) Other revenue (Part VIII, column (A), lines 5, 6d, Bc, 9c, 10c, and 11e) . Total revenue-s-add lines 8 through 11 must equal Part VIII, column (A), line 12 ) Grants and similar amounts paid (Part IX, column (A), lines 1-3) . Benefits paid to or for members (Part IX, column (A), line 4) . . Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10) Professional fundraising fees (Part IX, column (A), line 11e) . • • . . • Total fund raising expenses (Part IX, column (P), line 25) •.. ~_~~_~~!. ~~

487715000 3203094000 193341000 25125000 3909275000
119465776

13 14 ~ 15 ~ l6a W b
VI

2128576987

2291601805

_
1261823237 3509866000 399409000
Beginning of Year

17 Other expenses (Part IX, column (A), lines 11a-11 d. 11f-24f). . _ 18 Total expenses. Add lines 13-17 (must equal Part IX, column (A), line 25)_ 19 Revenue less ex enses. Subtract line 18 from line 12
LIII

1345000050 3763279000 191960000
End of Year

o~
11I=

20 Total assets (Part X, line 16) . _ . ~ . . . ~-g 21 Total liabilities (Part X. line 26) _ . . _ . _ . ~~ 22 Net assets or fund balances. Subtract line 21 from line 20.

i~ "'III

7657394000 3067940000 4589454000

7717377000 3313806000 4403571000

Form 990 (2008)

Page

2

ImDI
1

Statement of Program Service Accomplishments (see instructions)

Briefly describe the organization's mission:

_~~_ _f!~ry~¥!~~ry!~::;_9E~~t_~I)!Y_I!~!.i!~! ~~!!I)~Y!Y~!~_~!~!~_~}X~~~_~_ ~~~_I!@~ _!()_ ~ !~~c:i_ _T!!~_ ~ !~_ ~~p_~()~i!!~t _I!y"~~_ !~_~ ~~~~_E!_ peop!e of ~E!~':1~Y!Y~':"!?J _~~J!~I~ _!~~ _ ?~~J~_~ _~()~!~_ ~!!~().l!9.~!~~~~'-':.'!!E!~., ~}~~!()~ .()f-'.:'!~~~~lI~I!!y. .i~. !!'!:P~~ !~~~!!i_~g., _._ ....
~~~~~~_~~~~':.l~ .()~.~r:.~~~11~_1!!~_ ~l!_~!!}!!~!~~_~~_~~~~t.~.()f.~I)~ ,=,-1)~Y~~!.i!!Y_ ~~~~~~':'~~';l.}!~_~! ~_~!1.~yJy"~~i~. ~ __ ..
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.

._.. __ ----------

0 Yes IZl No

3

4

Did the organization cease conducting, or make significant changes in how it conducts, any program services? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 0 Yes III No If "Yes," describe these changes on Schedule O. Describe the exempt purpose achievements for each of the organization's three largest program services by expenses. Section 501(c)(3) and 501(c)(4) organizations and section 4947(a)(1} trusts 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: ... _...

J (Expenses $ . .~?_~?.t!1QQQ including grants of L._ ...1._?~.~!?1~~J (Revenue $ . .1~~_?!.~~_~9~U _ tf)~_t!_l:!~~!()_f). _~!~~~.~ ~.F.'~f)!1. J !1.~!~!l.~!~()!!~! _~i_~~J!>'I)_ ~1l~1_l:!~.E!~. ~11~~!.9~?~LJ"~~E!! _g~~.<!~~!~] .P!.<?!~~~i()_f!~~! _ _~~.~ <?!>.Il~!~":I!Il.9 _ __ . .~!!~_~i.~~~!!~~_~~~~~ti~r:r:__. .. . . _ . __.. . __. . :

4b

(Code: ._.J (Expenses $ _. ~~.~?!.~!l.Q~. including grants of $.__ ._.. . .. ) (Revenue $.. .... ~_~~?~~_Q9!l.J _li()~~~!~~ _:~~_f)r:r_ ~!~~!!. ~~_ ~_C?!1:l_'!!i.t~~~_~_~~_~r:r.q~llg_q!_t~R~ J!f~_ _C?f !~.r:.c?!l.gh j!1:l.pr!>.y~_qtl~~~~J:11.!t)~ _ .Er9.f.~~~i~Il_''!t _. .. __ __ .. .p!.~p_~r?~j()!!elf.tJ:1~~~ ~_I}()_!~I.~_I!!"Y_~ hE!~J!h.11~.~~~ -'?!h~r~J_~!!~_~h~.~J~.C!().y~!Y. ()! -'~!1.()~!~~9.E! . ~ J_'!~. .C?f _ JJ1!'1J. ~!IJ.I:l_E!Il_E!fi_t. _
!().

all. --- - - ---- -- --- - ------ --- -- - - -- -- - -- - _.-.--

--. - - -------

- -- --- ----- ------------ -- -- --- - ----- -- --- ---- -------- --- - - - ---- --- - - -_.- ----- - - -- - - - --- - - --

4c (Code: .

_.J (Expenses $ .__ ?~-'~~_17!l.Q~. grants of $_ including ) (Revenue $. J~~!l.~!.~~!l.J .R~~.~!'I!.~I:1_~J?~!.1.Q_~J~!I!~~.~~?_E!~.r..<;I:1_!l1.i~~tl.?!!J~J~_l?r~_'!~E!.!l_E!!>!.~Il.()~!~~9.E!.t_'!~.t.lIl'!PI:.()Y_E!~_!Il_(Hy!~_l:!~LtiXE!?· .. 1)-')ly~r.~j~L __ ..._ _ r~~E!!l.r:.~~_.!!~~.P~~!!jXE!!YJ~PA~.t~<.f.~YrX~9~C?!1.,.~.t_l!t~LI}~JJ!>'I),-~~_cJ_ ._. ~'!Y~Il.cJ,_ ... .__ .. .... . ..... _. .. _.__

4d Other program services. (Describe in Schedule 0.) (Expenses $ 263906345 including grants of $ ) (Revenue $ 499000000) 4e Total program service expenses ~ $ 2879808345 (Must equal Part IX, Line 25, column (8).)
Form

990

(2008)

Form 990 (2008)

..

Page

3

Checklist of Required Schedules
Yes No

1

2
3
4 5 6

Is the organization described in section 501(c}(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A Is the organization required to complete Schedule S, Schedule of Contributors? 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 Section 501(c)(3) organizations. Did the organization engage in lobbying activities? If "Yes," complete Schedule C, Part II Section 501(c)(4), 501 (c)(5), and 501 (c)(6) organizations. Is the organization subject to the section 6033(e) notice and reporting requirement and proxy tax? If "Yes," complete Schedule C, Part 1/1. Did the organization maintain any donor advised funds or any accounts where 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 I 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 /I Did the organization maintain collectjons of works of art, historical treasures, or other similar assets? If "Yes," complete Schedule D, Part 1/1 . Did the organization report an amount in Part X, line 21; 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 IV Did the organization hold assets in term, permanent, or quasi-endowments?If "Yes, complete Schedule D, Part V Did the organization report an amount in Part X, lines 10, 12, 13, 15, or 25? If "Yes," complete Schedule D, Parts VI, VII, VII/, IX, or X as applicable
II

1

.;
.(

2
3 4 5

.;

6 7 8

.(

7 8 9

.; .; .; .; .; .; .;

10 11
12

9 10 11 12 13 14a 14b
15 16

Did the organization receive an audited financial statement for the year for which it is completing this return that was prepared in accordance with GAAP? If uYes," complete Schedule D, Parts XI, XII, and XIII )(A)(ii)?If "Yes, complete Schedule E 13 Is the organization a school described in section 170(b)(1 14a Did the organization maintain an office, employees, or agents outside of the U.S.? b Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, and program service activities outside the U.S.? If "Yes," complete Schedule F, Part I .
II

.;
.;

15 16 17
18

Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any organization or entity located outside the United States? If "Yes, complete Schedule F, Part /I.
H

.;
.; .; .; .; .; .; .; .; .; .; .;
.(

19 20 21 22 23

Did the organization report on Part IX, column (Al, line 3, more than $5,000 of aggregate grants or assistance to individuals located outside the United States? If "Yes," complete Schedule F, Part 11/ . Did the organizationreport more than $15,000 on Part IX, column (Al, line 11e7If "Yes,"complete ScheduleG, Part I Did the organizationreport more than $15,000total on PartVIII,lines 1c and 8a7If "Yes,"completeScheduleG, Part /I Did the organization report more than $15,000 on Part VIII, line 9a? If "Yes, complete Schedule G, Part 11/ Did the organization operate one or more hospitals? If "Yes," complete Schedule H Did the organizationreport more than $5,000 on Part IX,column (A),line 17If "Yes," complete ScheduleI, Parts I and 11 Did the organizationreport more than $5,000 on Part IX,column (A),line 27 If "Yes," complete SCheduleI, Parts I and III
II

17
18 19

20
21

22 23

Did the organization answer "Yes" to Part VII, Section A, questions 3, 4, or 5? If "Yes," complete Schedule J .

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 questions 24b-24d and complete Schedule K. If "No, go to question 25. b Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception? . 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? . d Did the organization act as an "on behalf of' issuer for bonds outstanding at any time during the year? 25a Section 501{c)(3} and 501 (c){4) orgariizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I
U

24a 24b 24c 24d 25a
25b

,

.
26 27

b Did the organization become aware that.it had engaged in an excess benefit transaction with a disqualified person from a prior year? If "Yes, " complete Schedule L, Part I Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated employee, or disqualifiedperson outstanding as of the end of the organization'stax year?If "Yes,"complete ScheduleL, Part /I . . Did the organization provide a grant or other assistance to an officer,' director, trustee, key employee, or substantial contributor or to a person related to such an individual? If "Yes" complete Schedule L Part IfI

26
27
Form

.; .;
990
(2008)

FO~990~~rOO=B~)~~~~~~~~~~~~~~~

__ ~ __ ~

Pa~~ 4

28 a

During the tax year, did any person who is a current or former officer, director, trustee, or key employee: Have a direct employee), or (individually or Part IV . . business relationship with the organization (other than as an officer, director, trustee, or an indirect business relationship through ownership of more than 35% in another entity collectively with other person(s) listed in Part VII, Section A)? If "Yes, " complete Schedule L, . . . . . _ .

28a

.f .f .f .f .f .f .f .f .f .f

b c 29

30
31 32 33 34

Have a family member who had a direct or indirect business relationship with the organization? If "Yes," 28b complete Schedule L, Part IV . . . . . . _ Serve as an officer, director, trustee, key employee, partner, or member of an entity (or a shareholder of a professional corporation) doing business with the organization? If "Yes," complete Schedule L, Part IV. . 28c 29 Did the organization receive more than $25,000 in non-cash contributions? If "Yes, n complete Schedule M Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified 30 conservation contributions? If "Yes, " complete Schedule M Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes, " complete Schedule N, Part I . .... . . . . . Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes, • complete . . . . . Schedule N, Part /I . 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 _ . Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Parts II, 11/,IV, and V, line 1 . . . . _ Is any related organization a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2. . . . .. . _ . . . 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 . . . . . Did the organization conduct more than 5% of its activl1ies 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 . . . . . . . . . . . . 31 32 33 34 35 36

35
36 37

37
Form

.f 990
(2008)

Form 990 (2008)

5 .r~~------~----~~~--~~~----~~--~--~-----------------------------Statements Re
Page

1a Enter the number reported in Box 3 of Form 1096, Annual Summary and Transmittal of U.S. Information Returns. Enter -0- if not applicable . . . . . . . . . . b Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable

c Did the organization comply with backup withholding rules for reportable payments to vendors and reportable
gaming (gambling) winnings to prize winners? . 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 '-=2=a-L.._--=c..:....:::~ 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 a-file this return. (see instructions) 3a Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return? . b If "Yes," has it filed a Form 990-T for this year? If "No," provide an explanation in Schedule O. . 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)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b If "Yes," enter the name of the foreign country: •. See the instructions for exceptions and filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts. 5a Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? . b Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction? 3a 3b ./ ./

4a

./

~!~!¥

.
Sa 5b ./ ./

c If "Yes," to question 5a or 5b, did the organization file Form 8886-T, Disclosure by Tax-Exempt Entity Regarding Prohibited Tax Shelter Transaction? . . . . . . f-"-5c,,-+_-+---:-_ 6a Did the organization solicit any contributions that were not tax deductible? . . 6a./ b If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? . . . . 7 Organizations that may receive deductible contributions under section 170(c). a Did the organization provide goods or services in exchange for any quid pro quo contribution of more than $75? . . . . . . b If "Yes," did the organization notify the donor of the value of the goods or services provided? . c Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? . . . . . . . d If "Yes," indicate the number of Forms 8282 filed during the year e Did the organization, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? . . . . . . . . f Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? 9 For all contributions of qualified intellectual property, did the organization file Form 8899 as required? . h For contributions of cars, boats, airplanes, and other vehicles, did the organization file a Form 1098-C as required? . . . . " .... 8 Section 501 (c)(3) and other sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations. Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year? . . Section 501(c)(3) and other sponsoring organizations maintaining donor advised funds. Did the organization make any taxable distributions under section 4966? . Did the organization make a distribution to a donor, donor advisor, or related person? Section 501(c)(7) organizations. Enter. Initiation fees and capital contributions included on Part VIII, line 12. Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities Section 501(0)(12) organizations. Enter: Gross income from members or shareholders . 1-1"-1.:..;a=+ _ 6b

9 a b 10 a b 11 a

b Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) . . . L1::..1:..:b:...L _ 12a Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041? b If "Yes," enter the amount of tax-exempt interest received or accrued during the year. 112b

I

Form

990

(2008)

Im!lI

~B~

~6 Governance, Management, Bod and Mana and Disclosure (Sections A, B, and C request information about policies not ement

required by the Internal Revenue Code.)
Section A. Governin

For each "Yes" response to lines 2-7b below, and for a "No" response to lines 8 or 9b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
. . 1a Enter the number of voting members of the governing body b Enter the number of voting members that are independent 2 Did any officer, director, trustee, or key employee have a family relationship any other officer, director, trustee, or key employee? over management duties customarily performed company by or under the direct or other person? assets? . or key employees to a management diversion , or a business relationship with

2 3 4 5 6
7a 7b

.(
.(

3
4 5

Did the organization supervision

delegate

control

of officers, directors become

or trustees, aware

Did the organization make any significant changes to its organizational documents since the prior Form 990 was filed? Did the organization Does the organization Does the organization of the goveming body? during the year of a material or stockholders? stockholders, . . who may elect one or more members of the organization's have members have members,

6
7a

.( .( .( .( .(

or other persons

b Are any decisions of the governing body subject to approval by members, stockholders, or other persons? . . 8 Did the organization contemporaneously document the meetings held or written actions undertaken during
the year by the following: a The governing body?

8a

b Each committee with authority to act on behalf of the governing body? 9a Does the organization have local chapters, branches, or affiliates? . b If "Yes," does the organization
have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with those of the organization?

8b 9a 9b

.( .( .( .( .(

10
11

Was a copy of the Form 990 provided to the organization's governing body before it was filed? All organizations must describe in Schedule 0 the process, if any, the organization uses to review the Form 990 . Is there any officer, director or 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 0

10
11

.f
Yes No

Section B. Policies
12a Does the organization directors rise to conflicts? c Does the organization Does the organization Does the organization Did the process regularly and consistently whistleblower document monitor and enforce compliance with the policy? If "Yes;" have a written or trustees, conflict of interest policy? If "No," go to line 73- . to disclose annually interests that could give 12a

b Are officers,

and key employees

required

12b 12c 13
and destruction persons policy? include a review and approval by of the deliberation and decision: 14

.f .f
.( .(

describe in Schedule 0 how this is done 13 14 15
have a written have a written policy? retention

for determining

compensation

of the following

independent persons, comparability data, and contemporaneous substantiation a The organization's CEO, Executive Director, or top management official? b 16a b Other officers Describe or key employees in Schedule invest of the organization? O. (see instructions) assets to, or participate .... the process

Did the organization with a taxable

in, contribute the year? .

in a joint venture

or similar

arrangement . . . .

entity during

If "Yes," has the organization adopted a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and taken steps to safeguard the organization's exempt status with respect to such arrangements? . List the states with which Section available 6104 requires for public a copy of this Form 990 is required to be filed

Section C. Disclosure
17 18

~_~~_,!~~~,!,~_I)!~
all that apply.

.

.

_

an organization Indicate

to make its Forms 1023 (or 1024 if applicable), how you make these available. Check

990, and 990-T (501 (c){3)s only)

inspection.

flI
19 20

Own website in Schedule and financial

0

Another's

website

!ZI Upon
to the public.

request makes its governing documents, the books conflict of interest of the

Describe policy,

0 whether
statements

(and if so, how), the organization available

State the name, physical address, and telephone number of the person who possesses organization: ••. _ .J~~~p!! _~:_I?~~_<:~~<:=~J _C;:_c?!.R~!~~E! _C;:_c?!1.~~I?!~~~ L,,!~!!g~~ _~~~! I.ll_y_I]!Y~_

~_'!r!.<l_eA-__1~~9_~~ _ 1_"!:~~~: 1_~?~.

and records

_

*The University's Finance & Business Office and Office of Investment ManagementForm (2008) 990 are cognizant of joint venture tax requirements. The University currently is drafting a policy to commit its .ioint venture practices to writing.

Form 990 (2008)

Page 7

mam'-'C=-o-m-p-e-n-s-a-t,'-o-n-o-f-:--=O'-'ff-=j-c-e-rs-,""'O""'j'-r-ec-t-o-r-s-, -T-ru-s-t-e-e-s-,"-K:-e-y-E=-m-p-'-o-ye-e-s-,-H"---ig-h-e-s-t-C=-o-m-p-e-n-s-a-te-d-:------=-Employees, and Independent Contractors
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees 1a Complete this table for all persons required to be listed. Use Schedule J-2 if additional space is needed. • List all of the organization's current officers, directors, trustees (whether individuals or organizations), regardless of amount of compensation, and current key employees. Enter -0- in columns (D), (E), and (F) if no compensation was paid. • 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. • List all of the organization's former officers, key employees, and highest compensated employees who received more than $100,000 of reportable compensation from the organization and any related organizations. • Ust a/l 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 the oraanization did not comoensate any officer, director, trustee, or kev emolovee.

o

w
Name and Title

~
Average hours per week

~
Position (check all that apply) 0:; :; 0 " CD:c 6' ;;. 9, iii" so. m ~ 0" m!!!

~
l~
~
"0

~

(F) Estimated amount of other compensation from the organization and related organizations

5~

5:

S: g; ~ .g<g::3
~
"0

0"

~2 ~ en 2' ~ '" m
Edward -r-iustee- Rendell ----------------------- ---------------------

~ ...

Reportable Reportable compensation compensation from from related the organizations organization 0/'I-2/1099-MISC) (W-211099-MISC)

~ ro a.
Dl

_1:l.~!"!1~1~_ YY.~!~
Trustee

_ _ _

_.J~~_~_9~!s.I~y
Trustee

_~~!~t(t?~I)~~~'!!,!,~
Trustee Trustee

-~¥!"!.~~!~ -~~~~-~}!"!. ----------------------------------_1:_~Hf!!"!.~_~~~i_~~!! .
Trustee
_______

_
• _

Alvin Clemens
w _~

_R~.<!Il~Y_ t!.~_g~_~~
Trustee

Trustee

_
_ _

_I_r:.~'=-~I?~~ _
Trustee

_~'!!~~~!~_ ~«?R~i~
- ----------

Trustee Marianne -- - -- ------ .-------- -- - ---- -- ---. - ---- --- --Alexander Trustee Jesse Arnelle - -.-- - - - - - - - - - - - _.-. - - - - - - - - - - - - - --. - -- - - - - - -Trustee steve Garban -. - .--. -- - - --- -~------ ~-- -- ---- -- - ---------- - -- - -- ---- - --- -

Trustee

_~~~~R~_I:i~t:J_~!t:J9~.J_~·
Trustee - David Jones --~---------- ------Trustee _I:l.~y'i.<! _~9.Y!l_~~ Trustee
-- ------------ -- --- ------ ----- ----

_

_

-~~~! -~¥~~~--------------- --------------------------Trustee
Form

990

(2008)

Page

8

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A) Name and title (6) Average hours per week (C) Position (check all that apply)
0-

(0) Reportable compensation from the organization (W-21lO99·MISC)

(E) Reportable compensation from related organizations (W-2f1099-MISC)

(F) Estimated amount of other compensation from the organization and related organizations

~~
_.<

::>
II>

a

mCl
2
(1) (1)

o c:

eeL ,~

g:
::> !!!.
C/)

c:

;i

:!l o !!1

A C1> -c

~ 2

~ ~
'C C1> C1>

om mgC/)

~;!; ,,<g.

"T1

0

~

3

3 -o (1)
::>

i

!!.

~

Anne Riley -tr-ustee- ----------------------- ---------------------PaulSuhey -t-r-ustee------------------------ ---------------------Keith Eckel -'Yrus-tee-------------------------- -------------- -----Samuel -tiustee- Hayes ---------------- ----------------- ------ ------

.; .; .; .;
.;

Trustee- ----------------- ---------------- ------- ----Betsy Huber Tr-ustee- --------------------------------- ------- ----Keith Masser -t-rustee---------- --------------- --------- ------- ----Carl Shaffer -Trustee------- ----------------------------- ---------James Broadhurst Trustee------- --------------------------------------Robert Metzgar -t-rustee------- ---------------------------- ------ ----Edward Hintz, Jr. -t-iustee----- -----------.------------------ ------ ----Edward Junker III -t-rustee------- --------------------------- --.----- ---John Surma -t-rustee----- -------- ---------------. -----.. ----------

Barron Hetherington

.; .;
.;

.;
.;

.;
.;

.;

1b Total . ~ 2 Total number of individuals (including those in 1a) who received more than $100,000 in reportable compensation from the organization ~ 2095 Yes No 3 4 Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes, n complete Schedule J for such individual . _ . .

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. . 5 Did any person listed on line 1a receive or accrue compensation from any unrelated organization for services rendered to the organization? If "Yes, n complete Schedule J for such person .... 5 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. tAl
Name and business address (BI Description of services (e) Compensation

.;

Gilbane Buildin Company, Providence, RI 02903 Leonard S. Fiore Inc., Altoona, PA 17604 McKesson, San Francisco, CA 94104 Poole Anderson Constructon, LLC, State College, PA 16803 Aile heny Power, Greensbur ,PA 15601 2

Construction Constuction Pharmaceutical Construction Utilities

57113681 15879141 13578448 12936843 11478174

Total number of independent contractors (including those in 1) who received more than $100,000 in compensation from the organization ~ 984
Form

990

(2008)

Form 990 (2008)

r-~------~--------------------------~---------r--------r-------(A) Total revenue

Page

9

18 Federated
b Membership
C

campaigns dues. events . 7596745 476222

Fundraising

d Related organizations

e

Government grants (contributions).

1--'-~_...:3:...:1..=:8.::..07:...:2:::0..=:O.::...O

f All other contributions,gifts, grants,
and similar amounts not included above ,--,-l-,--f ---L_--,--17:...:6~6:...:1..!.7.!..7~8

9 Noncashcontributionsincluded in lines 1a-1f: $

h Total. Add 2a

lines

1a-tf

. .

. . .
Business Code

_~~i~!?_~.~~~_~~~_.

.
_
_ _ .. ....
revenue . . . . . .

900099 541700 900099

1252759000 727365000 943583000 472509605 51533000

1252759000 727365000 943583000 7985746 51533000 464523859

b .~!_~~~~_~_~_~~.t!.~~~~ _

C .~E!~.i~~~.~.~':l~~~.~~':'~~~~ .._.
d .~~.I~~~_~~_~~I~!~!y' _ •.~.t~, e _~!'l.I~~_ ~.~~_lI~.~~i.~~.~! .
f All other program
service

611710
611710

9 Total. Add
3
4

lines 2a-2f

Investment income (including dividends, interest, and other similar amounts) . . . . . . . . . ~ Income from investment of tax-exempt bond proceeds Royalties. . . . . . ~ .~

96967000

97710279

5

(0 Real

(ii) Personal

6a c

Gross Rents

f-- __

4.:.:7:...4:.:3c..:1..::.O.:.:1 -1------

1-_...;3::.:5::.:7~2:..::9..:..7:::.B -1-----Rental income or QOss) L-:--_1.:...1:..:7....:0c..:1 23::..L _ d Net rental income or (loss). . . . .

b Less: rental expenses

=

7a Grossamountfrom salesof
assetsother than inventory

I-(i),:,-I

..=S;:.:ec:.::u.:.::ril:.::ie::..s _+_-,O'-:!.Ii)...:O:.::Ihe=-T _ f--...:5...:0=26.:.:4.:.:5;:.:O:..:0c..:O...:O+ _

b Less: cost or other basis
and sales expenses Gain or (loss) . d Net gain or {loss}

c

. . fund raising

.

sa Gross

income from events (not including $ of contributions reported See Part IV, line 18. .

.. .7..~~J~HS.
on line 1c). . . . , .

~ CIJ

a
b

1--__
L-- __

.:..::.;:....::..:;..::.. =-=..cc=....:..

5

b Less: direct expenses
C

Net income

. . . or (loss) from fundraising activities. . . .

e.,.:.v..::.en:..::t=s-=.--.:........:~

9a b c

Gross income from gaming See Part IV, line 19. . .

a 1--

_

Less: direct expenses. . . . . b '-:-:-_ Net income or (loss) from gaming activities ........--"":""":"-sales of inventory, . . less . returns and allowances.

10a Gross

a

1--_":::'::''=''::'':::'''':'':;''::''

b Less: cost of goods sold
C Miscellaneous Revenue

b L-_-=":"::":='::"::'
Business Code

Net income or (loss) from sales of invento Miscellaneous income 900099 ~~~~--+_--~~~~--------_4------~...:..::.+_--~:.::c..:=:..:::.:

11a
b

c __
e 12

_
. . . • . , . 11a-11d

__ . __
. . . . . . . . ~ 3955239000 2247875000 7285956 1202868044
Form

d All other revenue

Total. Add lines Total Revenue.

Add lines 1h. 2g, 3, 4, 5, 6d, 7d, Be, 9c, 10c, and 11e . . . . . . . . . . . ~

990

(2008)

Form 990 (200B)

Page

10

ImEI
, J

Statement of Functional Expenses

Section 501 (c)(3) and 501 (c)(4) organizations must complete all columns. All other organizations must complete column (A) but are not required to complete columns (B), (e), and (0). Do not include amounts reported on lines 6b, 7b 8b 9b and 10b of Part VIII
J.

(AI Total expenses

(B) . Program service ex enses

(e) Management and

Fundralsmg
ex enses

(D)..

1 2 3

Grants and other assistance to governments and organizations in the U.S. See Part IV, line 21 Grants and other assistance to individuals in the U.S. See Part IV, line 22 . . . . . Grants and other assistance to governments, organizations, and individuals outside the U.S. See Part IV, lines 15 and 16 Benefits paid to or for members. . . . trustees, and key employees. . . . .

126677145

4

5 Compensation of current officers, directors, 3319465 1113891 6
Compensationnot included above, to disqualified persons (as defined under section 4958(n(1)) and personsdescribedin section 4958(c)(3)(B) . . Other salaries and wages . . . . . . Pensionplan contributions (include section 401 (1<) and section 403(b)employercontributions) . Other employee benefits . . . . Payroll taxes . . . . . . . . Fees for services (non-employees): Management Legal. . . Accounting . Lobbying Professional raising fund services. Part N, line 17 See Investment management fees . Other. . . . . . . . Advertising and promotion. Office expenses . . . Information technology. Royalties Occupancy. . . . . Travel . . . . . . Payments of travel or entertainment expenses for any federal, state, or local public officials Conferences, conventions, and meetings Interest . . . . . . . . . . . . Payments to affiliates . . . . . . . Depreciation, depletion, and amortization. Insurance . . . . . . . . . . .

1565900

639673

7

1763795130 116960648 292663863 114862699 383401 4676757 698742 66314 10743065 11320839 28204337 59930770 203537 117899190 57027542

1464941260 97030554 242793941 95290095 383401

281946162 18460525 46192703 18129394

16907708 1469570 3677219 1443210

8
9 10

11

a
b

c
d e f g

:-~~-~~~.~-§ ~~~~~~~~
8912199 7823694 18655296 31698572 107983 32929219 50083056

4676757 698742 66314 1696232 134633 576028 1932801 576011 45227 1510612

12
13

14

15 16 17
18

2921117 761lj239 27656188 95550 84924749 5433874

19
20 21 22 23

36165526 42903502 202216000 19587000

23832151 35594126 167764903 16250006

11227310

6771879 31917726 3091608

1106066 537497 2533371 245387

24

Other expenses. Itemize expenses not covered above. (Expenses grouped together and labeled miscellaneous may not exceed 5% of total expenses shown on line 25 below.) a Hospital Expenses
b ~~)~~~~~~~~::::::::::: :::::: .: ..: ::::::::::

c

~~~~!~. ~.~p.l?!i.~~. ~.~~_1!l.~~~.r,i~.J
_ _
__ _ .. All other expenses .. _.

.

d f.<:>~~_~.~PJ~!I.~~ e ~J~!>.<?~~.t~ry. ~.~p.p~~~~ _
f

. .
.

315144349 112694649 64986036 48416102 31827850 179904539

261453896 18585451 30890265 1502062 31814188 108654864

25 26

Total functional expenses. Add lines 1 throu h 24f
Joint Costs. Check here ~ if following SOP 98-2. Complete this line only if the organization reported in column (8) joint costs from a combined educational campaign and fundraising solicitation . . • . . . .

3763279000

2874782219

49742310 94090034 33929173 46913162 13662 68220727 847998037

3948142 19165 167474

3028949 40498743

Form

990

(200B)

Form 990 {2_0_08..:.)--=--:-__

~

..:.p.:::ag::..:e-.:..1:...1

Balance Sheet
(A) Beginning of year 1
(6)

End of year

2
3 4 5 6

Cash-non-interest-bearing Savings and temporary cash investments . Pledges and grants receivable, net . Accounts receivable, net Receivables from current and former officers, directors, trustees, key employees, or other related parties. Complete Part II of Schedule L . Receivables from other disqualified persons (as defined under section 4958(f)(1)} and persons described in section 4958(c)(3)(8). Complete Part II of Schedule L . Notes and loans receivable, net Inventories for sale or use . Prepaid expenses and deferred charges land, buildings, and equipment: cost basis 10a 5265004000

628063000

1 2

1252619000

145699000 373950000

3 4

177059000 407625000

7

8
9

10a
b

11
12

13 14
15 16

Less: accumulated depreciation. Complete 2732744000 Part VI of Schedule D L..1:..:0:.:::b:.L..- __ .!:".22~9~4~6::::8~20~0~O~ __ 3099657000 Investments-publicly traded securities 530714000 Investments-other securities. See Part IV, line 11 Investments-program-related. See Part IV, line 11 Intangible assets 19941000 Other assets. See Part IV, line 11 . . . . . . . . Total assets. Add lines 1 throu h 15 (must e ualline 34) 7657394000 Accounts payable and accrued expenses. Grants payable Deferred revenue Tax-exempt bond liabilities Escrow account liability. Complete Part IV of Schedule D Payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons. Complete Part /I of Schedule L Secured mortgages and notes payable to unrelated third parties Unsecured notes and loans payable Other liabilities. Complete Part X of Schedule D Total liabilities. Add lines 17 through 25 . Organizations that follow SFAS 117, check here ~ complete lines 27 throu'gh 29, and lines 33 and 34.

10c ~=-==4...!=+- _ _ 11 12 13

2970322000 2305321000 439066000

=~=~

14 15
16

17
18 19

383612000 226075000 1022862000

17 18
19 20 21

17838000 7717377000 390675000 234282000 1132439000

20

;g :s «I :::;

li'l 21
22

23
24 25 26
1/1

1435391000 3067940000

22 23 24 25 26

1556410000 3313806000

s
I:

!Zl and

iii
III

«I

27
28 29

-g a! •.. o
~
~

Unrestricted net assets . Temporarily restricted net assets. Permanently restricted net assets Organizations that do not follow SFAS 117, check and complete lines 30 through 34•

here ~

0
30 31

~30

31
32 33

34

Capital stock or trust principal, or current funds Paid-in or capital surplus, or land, building, or equipment fund Retained earnings, endowment, accumulated income, or other funds Total net assets or fund balances Total liabilities and net assets/fund balances

32
33

7657394000

34

7717377000

Financial Statements and Re ortin
Accounting method used to prepare the Form 990: 0 Cash I2JAccrual 0 Other Were the organization's financial statements compiled or reviewed by an independent accountant? Were the organization's financial statements audited by an independent accountant? .... If "Yes" to lines 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? . . 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 OMS Circular A-133? . b If "Yes," did the organization undergo the required audit or audits? . . . . . . . . . . . . 1 2a b e

2c 3a 3b
Form

.; .;

I
990
(2008)

SCHEDULE A (Form 990 or 990-EZ)
Department of the Treasury Internal Revenue Service Name of the organization

OMB No. 1545-0047

Public Charity Status and Public Support
To be completed by all section 501 (c)(3)organizations and section 4947{a)(1) nonexempt charitable trusts. ~ Attach to Form 990 or Form 990-EZ. ~ See separate instructions.
Employer

~©08
Open to Public Inspection
identification number

The Penns (vania State University

24

6000376

Reason for Public Chari

art. see instructions

The organization is not a private foundation because it is: (Please check only one organization.) 1 0 A church, convention of churches, or association of churches described in section 170(b)(1)(A)(O. 2 0 A school described in section 170(b)(1)(A)(ii). (Attach Schedule E.) 3 0 A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii). (Attach Schedule H.) 4 0 A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state: . . . .. .. . . _ SOAn 6
7

IZI

organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)Ov). (Complete Part II.) A federal, sta1e, or local government or governmental unit described in section 170(b)(1)(A)(v).

0 An organization that normally receives a substantial part of its support from a govemmental unit or from the general public

described in section 170(b)(1)(A)(vij. (Complete Part 11.) BOA community trust described in section 170(b)(1)(A)(vi}. (Complete Part II.) 9 0 An organization that normally receives: (1) more than 33'13 of its support from contributions, membership fees, and gross % receipts from activities related to its exempt functions-subject to certain exceptions. and (2) no more than 33'1.1 of its % support from gross investment income and unrelated business taxable income Oess section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part 111.) 10 11

0 An organization organized and operated exclusively to test for public safety. See section 509(a)(4). (see instructions) 0 An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the
purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509{a){2). See section 509(a){3). Check the box that describes the type of supporting organization and complete lines 11e through 11h.

a

0

Type I

b

0

Type II

c

0

Type III-Functionally integrated

d

0

Type III-Other

e 0 By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified
persons other than foundation managers and other than one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). f 9 If the organization received a written determination from the IRS that it is a Type I, Type II, or Type III supporting organization, Check this box . . . . . . . . . . . . . . . . . . . . . . . . . . . Since August 17,2006, has the organization accepted any gift or contribution from any of the following persons? (i) A person who directly or indirectly controls, either alone or together with persons described in (ii) 11g(il and (iii) below, the governing body of the supported organization? 119(;0 {ii} A family member of a person described in (i) above? . . . . . . . . . 11g~ii) (iii) A 35% controlled entity of a person described in (i) or (ii) above? . . . . . Provide the followin information about the or anizations the or anization sup orts.
(iij EIN (iiil Type of organization (described on lines 1-9 above or IRe section (see instructions)) fovlls the organization in col. (ij listed in your governing document? (v) Did you notify the organization in col. (il of your support? (vI) Is the organization in col. (i) organized in the U.S.? Yes

0
No

h

(i) Name of supported organization

(viiI Amount of support

Yes

No

Yes

No

Yes

No

Total
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 11285F Schedule A (Form 990 or 99O-EZ) 2008

ImlI

Schedule A (Form 990 or 99O-Ell 2008

Page

2

Support Schedule for Organizations Described in Sections 170(b)(1)(A){iv)and 170(b)(1)(A)(vi) (Complete only if you checked the box on line 5, 7, or 8 of Part I.) Section A. Public Support
Calendar year (or fiscal year beginning in) ••. Gifts, grants, contributions, and membership fees received. (Do not include any 'unusual grants.') 2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf The value of services or facilities furnished by a governmental unit to the organization without charge Total. Add lines 1-3 . The portion of total contributions by each person (other than a govemmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) • • . . Public su port. Subtract line 5 from line 4. (a) 2004 (b) 2005 (e) 2006 (d) 2007 (e) 2008 (f) Total

3

4 5

6

Section B. Total SUDDort
Calendar year (or fiscal year beginning in)

•••

(a) 2004

(b) 2005 .

(e) 2006

(d) 2007

(e) 2008

If) Total

7
8

Amounts from line 4 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources Net income from unrelated business activities, whether or not the business is regularly carried on Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.) Total support. Add lines 7 through 10 Gross receipts from related activities,

9'

10

11
12 13

~~~~~;~ ~~~~~~~~
etc. (see instructions)

~~~~~~.

~~-:~~~~~
12

~~~-:z=:~rfg~~~~

I

First five years. If the Form 990 is for the organization's organization, Check this box and stop here . . . . Public support percentage

first, second, third, fourth, or fifth tax year as a section 501{C)~ . . . • • . . . . . . . . . . . . . . .. 14 15

0
% %

Section C. Com utation of Public Su
14 15 Public support percentage

ort Percenta e

for 2008 (line 6, column (f) divided by line 11, column (f)) from 2007 Schedule A, Part IV-A, line 26f

l6a
b 17a

33% % support test-200a. If the organization did not check the box on line 13, and line 14 is 33'/3 % or more, check this box and stop here. The organization qualifies as a publicly supported organization ••. 33% % support test-2oo7. If the organization did not check a box on line 13 or 16a, and line 15 is 33'1.. % or more, check this box and stop here. The organization qualifies as a publicly supported organization . .••. 10%-facts-and-circumstances test-2008. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part IV how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization. . •••. 10%-facts·and·circumstances test-2007, If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or

0
0

0
0

b

test, check this box and stop here. Explain in Part IV how the more, and if the organization meets the "facts-and-circumstances" organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization . . . . .••. 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
Schedule

~

0

A (Form 990 or 990-EZ) 2008

Schedule A (Form 990 or 99D-EZ) 2008

ImIII

Page

3

Support Schedule for Organizations Described in Section 509(a)(2} (Complete only if you checked the box on line 9 of Part I.) Section A. Public Support
Calendar year (or fiscal year beginning in) ~ (a) 2004 (b) 2005 (c) 2006 (d) 2007 (e) 2008 (1) Total

1

2

Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") 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 Gross receipts from activities that are not an unrelatedtrade or businessunder section513 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf The value of services or facilities furnished by a governmental unit to the organization without charge Total. Add lines 1-5 Amounts included on lines 1, 2, and 3 received from disqualified persons Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of 1% of the total of lines 9, 1Oc, 11, and 12 for the year or $5,000 Add lines 7a and 7b Public support (Subtract line 7c from line 6.) . . . . . .

)

3 4

5

6 7a b

c

8

~~~b.~~~~ ~~~1il~~~~~: ~~~~~~!~~Thl~:
(a) 2004 (b) 2005 (e) 2006

;~~~~E~~ ~~~~~~~~~
(d) 2007 (e) 2008 (1) Total

Section B Total Support
Calendar year (or fiscal year beginning in) ~

9
10a

Amounts from line 6 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 3D, 1975 Add lines 10a and 10b Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.) Total support, (Add lines 9, 10e, 11. ~€.§t-~~.;~ ~~~ and 12.). . . . . . . . . . ~~;~~-::~~ ~~~~ First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section organization, check this box and stop here

."

b

e

11

12

13
14

~~:::~~~~
501 (c)(3) ~

"

0
% %

Section C. Computation of Public Support Percentage
15 16 Public support Public support percentage for 2008 Oine 8, column (f) divided by line 13, column ercenta e from 2007 Schedule A, Part IV-A, line 27g . (f)

Section D. Computation of Investment Income Percenta e
17 18 19a b 20 Investment Investment income income percentage percentage for 2008 (line toe, column from 2007 Schedule organization (f) divided

by line 13, column

(f) 18

% % organization ~

A. Part IV-A, line 27h qualifies as a publicly

33'13 % support

tests-Z006.lfthe

did not check the box on line 14, and line 15 is more than 33113 %, and line supported

17 is not more than 33% %, check this box and stop here. The organization

0
0

33% % support tests-2007. If the organization did not check a box on line 14 or fine 19a, and line 16 is more than 33'13 %, and line 18 is not more than 33% %, check this box and stop here. The organization qualifies as a publicly supported organization ~ Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions ~

0

Schedule A (Form 990 or 990-EZ) 2006

Schedule A (Form 990 or 990-EZ) 2008

Page

4

IUIN

Supplemental Information. Complete this part to provide the explanation required by Part II, line 10; Part II, line 17a or 17b; or Part III, line 12. Provide any other additional information. (see instructions)

Schedule A (Form 990 or 990-EZ) 2008

SCHEDULE 0 (Form 990)
Department of the Treasury Internal Revenue Service

OMS No. 1545-0047

Supplemental Financial Statements
••. Attach to Form 990. To be completed by organizations that answered "Ves," to Form 990, Part IV, line 6, 7,8,9, 10, 11, or 12.
Employer

~@08
Open to Public Inspection
identification number

Name of the organization

The Pennsylvania State University

24 : 6000376 Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete the orqanization answered "Yes" to Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and otheraccounts

if

1 2
3 4 5

Total number at end of year Aggregate contributions to (during year) Aggregate grants from (during year) Aggregate value at end of year 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? .

DYes

D

No

6

_
1

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds may be used only for charitable purposes and not for the benefit of the donor or donor advisor or other impermissible private benefit? . . . . . DYes Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.

D

No

o o o

2

Purpose(s) of conservation easements held by the organization (check all that apply). Preservation of land for public use (e.g., recreation or pleasure) 0 Preservation of an historically important land area Protection of natural habitat 0 Preservation of certified historic structure Preservation of open space Complete lines 2a-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.
b Total acreage restricted by conservation easements.

.

.

.

.

c Number of conservation easements on a certified historic structure included in (a) . d Number of conservation easements included in (c) acquired after 8/17/06.
3 4

r-=2:.:::a+ r-=2=b+ r-=2::::c+ L.=:2""d-.L

_ _ _ _

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the taxable year ~ _ Number of states where property subject to conservation easement is located ~ _ DYes D No _ _ Does the organization have a written policy regarding the periodic monitoring, inspection, violations, and enforcement of the conservation easements it holds? Staff or volunteer hours devoted to monitoring, inspecting, and enforcing easements during the year~ Amount of expenses incurred in monitoring, inspecting, and enforcing easements during the year s- $ 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)? . . . . .

5 6
7

8 9

0 Yes 0 No

ImlD

In Part XIV, 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.

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets. Complete if the organization answered "Yes" to Form 990, Part IV, line 8.

1a If the organization elected, as permitted under SFAS 116, 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 XIV, the text of the footnote to its financial statements that describes these items. b If the organization elected, as permitted under SFAS 116, 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) Revenues included in Form 990, Part VIII, line 1 . . . ••. $ _._. 3.~~~_ (ii) Assets included in Form 990, Part X . . . . ••. $ ~~~~~?_~. 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 relating to these items: a Revenues included in Form 990, Part VIII, line 1 ••. $ -----------------------b Assets included in Form 990, Part X ~ $ ------------------------Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D Schedule D (Form 990) 2008

For Privacy Act and Paperwork

ImIII
3

Schedule 0 (Form 990) 2008

Page

2

Organizations

Maintaining

Collections of Art, Historical Treasures,

or Other Similar Assets (continued)

Using the organization's accession and other records, check any of the following that are a significant use of its collection items (check all that apply):

a
b c 4 5

[Z] [Z] [Z]

d [Z] Loan or exchange programs Public exhibition Scholarly research e Other ........•........................................... Preservation for future generations Provide a description of the organization's collections and explain how they further the organization's exempt purpose in Part XIV. .

0

I:mD
1a

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? . . Trust, Escrow and Custodial Arrangements. Complete if organization Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

0

r71

Yes IiJ No

answered "Yes" to Form 990,

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not included on Form 990, Part X? . . . . . . . . . . . . . . . . . . . _ . . . . _ Yes b If "Yes," explain the arrangement in Part XIV and complete the following table: Amount

0

0 No

1c c Beginning balance . . . 1d d Additions during the year . 1e e Distributions during the year 1f Ending balance _ . . . DYes Did the organization include an amount on Form 990, Part X, line 21? If "Yes," ex lain the arran ement in Part XIV. Endowment Funds. Com lete if or anization answered "Yes" to Form 990, Part IV, line 10.
tal Current year (b) Prior year (e) Two years back (d) Three years back

0 No

(e) Four years back

1a b c d e

Beginning of year balance. . Contributions _ _ . . . . Investment eamings or losses Grants or scholarships. . . Other expenditures for facilities and programs. . . . f Administrative expenses 9 End of year balance. .

1506319935 61192032 (319399272) (65145841)

(10991074) 1171975780

2 a b c
3a

Provide the estimated percentage of the year end balance held as: Board designated or quasi-endowment ~ .... _.~.4 % Permanent endowment ~ .. !JL.... % Term endowment ~ __ __ __ . ... . % Yes
3a(i)

Are there endowment funds not in the possession of the organization that are held and administered for the organization by: (ij unrelated organizations . _ . . _ . . . . . . . . . . . . _ (ii) related organizations _ . . . . . . . . . . . _ . . . . . . b If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? 4 Describe in Part XIV the intended uses of the organization's endowment funds

No

3a(m
3b

,f ,f

..

Investments-Land,
Description of investment

Buildings, and Equipment.
(a) Cost or other basis (investment)

See Form 990, Part X, line 10 .
(b) Cost or other basis (other)

(el Depreciation

(d) Book value

103108000 1a Land 3795427000 b Buildings. 474560000 c Leasehold improvements 891909000 d Equipment e Other. Total. Add lines 1a-1e. (Column (d) should equal Form 990, Part X, column (B), line 10(e).)

~~~~-:!2;~'
1687228495 210962075 396491430

10318000 2108198505 263597925 495417570

~

2970322000

Schedule 0 (Form 990) 2008

Schedule 0 (Form 99D) 2008

Page

3

Invesbnents-Other Securities. See Form 990 Part X line 12.
(a) Description of security or category (including name of security) (b) Book value (e) Method of valuation: Cost or end-of-year market value

Financialderivativesand other financial products. Closely-held equity interests .

_ ~~!y~~~ _~~_~!~~~

Other -------------------------------------------------+----------t---------:----------+-4""3:.=9..::c0.::.66=::O=..:O~O'__ +e:..::.n:.:d:....-o=-f:....-y'-e::.:a::.:r-=m.:..:.=a:....:rk.:.:e:..:.t-=v-=ac..:1 uc..:e=-_

----------------------------------------------------_.---+---------/-------------------

---------------------------------------------------------+--------+-----------------------------------------------------------------------+---------1----------------------------------------------------------------------------1----------+-------------------------------------------------------------------------_.\---------+-----------------

----------------------------------------------_._---------\---------+-----------------------------------_._------------------------------------+---------+----------------Total. (Column (hi should equal Fonn 990, Part X, col. (8) line 12.) ~ 439066000 Investments-Pro ram Related. See Form 990, Part X, line 13.
(a) Description of Investment type (b) Book value (e) Method of valuation: Cost or end-of-year market value

Total. (Column (hi should equat Form 990, Part X. col. (8) nne 13.)• Other Assets. See Form 990, Part X, line 15.
(a) Description (bl Book value

Deferred Beneficial

bond costs interest in

net er etual trusts

6813000 11025000

Total. (Column (b) should equal Form 990, Part X, col. (B) line 15.

Other liabilities. See Form 990, Part X, line 25.
(a) Description of liability (b) Amount

••
36966000

17838000

Federal income taxes
Present Accrued Liabili De osits Other Refundable value under of annuities securities a able benefits lend in student of others ro ram loans ostretirement

US Government held in custud

liabilities

1044185000 253696000 44169000 46018000 131376000

Total. (Column (b) should equal Fonn 990, Part X,col. (8) 25.) line •

1556410000

In Part XIV, 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.
Schedule 0 (Form 990) 2008

Schedule D (Form 990) 2008

Page

4

Reconciliation of Chan e in Net Assets from Form 990 to Financial Statements
Total revenue (Form 990, Part VIII, column (A), line 12) . Total expenses (Form 990, Part IX, column (A), line 25) . Excess or (deficit) for the year. Subtract line 2 from line 1 Net unrealized gains (losses)on investments Donated services and use of facilities . Investment expenses Prior period adjustments . . . . . Other (Describe in Part XIV) . . . . Total adjustments (net). Add lines 4-8. . . . . . . . . . . . . . Excess or deficit for the ear er financial statements. Combine lines 3 and 9 1 2 Total revenue, gains, and other support per audited financial statements . Amounts included on line 1 but not on Form 990, Part VIII, line 12: 2a Net unrealized gains on investments . 2b Donated services and use of facilities . 2c Recoveries of prior year grants 2d Other (Describe in Part XIV) Add lines 2a through 2d Subtract line 2e from line 1 Amounts included on Form 990, Part VIII, line 12, but not on line 1: Investment expenses not included on Form 990, Part VIII, line 7b 1----=4=a-lOther (Describe in Part XIV) . . . . . . . . . . . . . . l.-'4.:::.b...lAdd lines 4a and 4b . . . . . . . . . . . . . . .. ..... Total revenue. Add lines 3 and 4c. (This should equal Form 990, Part I. line 12.). . Total expenses and losses per audited financial statements Amounts included on line 1 but not on Form 990, Part IX, line 25: Donated services and use of facilities. . . Prior year adjustments. . . . . . . . Losses reported on Form 990, Part IX, line 25 Other (Describe in Part XIV) Add lines 2a through 2d Subtract line 2e from line 1 Amounts included on Form 990, Part IX. line 25, but not on line 1: Investment expenses not included on Form 990, Part VIII. line 7b Other (Describe in Part XIV) . . . . . . . . . . . . . Add lines 4a and 4b . Total ex enses. Add lines 3 and 4c. his should e ual Form 990. Part . 2a 2b 2c 2d . .....
1--'1=---t

f-.!:2'-+__ ~3~

f---'-4!.-f 1--'5=----f---'-------~6:........f---'-

-=3:::.95=.:5:.:2:.=3.::.90:::.0:.:0'----.:3:..:7~6::::.32=-7:..::9:.:::0.:::00~ --.:.1=-91.:...:9:.:6:.:::0.=.OO::.:O=..!.:(3:...:7..;..7.::.84.c.c3:..:0:..::0.::.0,-)
_

~7'----f
1--=8=-:1---f-"9=---t _

_
.>.=..:..::..,:=:.::..::..L

10 1

(185883000) 3577396000

Reconciliation of Revenue per Audited Financial Statements With Revenue per Return

a
b

c
d e

3
4
a

_

b
C

_ . . . . . .

5

Reconciliation of Ex enses per Audited Financial Statements With E 1
2

a
b

c
d e

3
4

a
b

4a

4b I. line 18. 3763279000

Su

lemental Information

Complete this part to provide the descriptions required for Part II. lines 3. 5, and 9; Part III, lines 1a and 4; Part IV, lines 1b and 2b; Part V, line 4; Part X; Part Xl, line 8; Part XII, lines 2d and 4b; and Part XIII, lines 2d and 4b. Part III - The Palmer Museum of Art on the Penn State University Park campus is a free-admission PSU and surrounding communities in central Pennsylvania. The museum offers an ever-changing

arts resource for array of exhibitions and outdoor

and displays of its permanent collection.

With eleven galleries, a print-study

room, iSO-seat auditorium,

sculpture garden, the Palmer Museum is a unique -cultural resource for residents of and visitors to the region. The Palmer Museum supports the educational University's community benefit mission. mission ofthe School of Art as well as the entire University and the

Schedule

0 (Form 990) 2008

IiZII:n!J

SChedule 0 (Form 990) 2008

Page

5

Supplemental Information (continued)
specific to that

Part V • Each endowed gift to Penn State is formalized through the creation of guidelines, endowment, which provide an opportunity directed and used by the University. for donors to express their intentions

for how the gift is to be

Guidelines are created for the student, faculty, and program support and

indicate the particular college, campus, or program to benefit from the endowed fund.

Schedule 0 (Form 990) 2008

SCHEDULE E (Form 990 or goo-EZ)
Department of the Treasury InternaJ Revenue Service

Schools
~ To be completed by organizations that answer "Yes" to Form 990, Part IV, line 13, or Form 990-EZ, Part VI, line 48. ~ Attach to Form 990 or Form 990-EZ. Employer

OMS No. 1545-0047

~@08
Open to Public Inspection
identification number

Name of the organization

The Pennsylvania

State Universit

24

:

6000376 YES NO

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? 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? . . . . . 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 . . . .

3

4 Does the organization maintain the following? a Records indicating the racial composition of the student body, faculty, and adrnlnlstrativestaff? b Records documenting that scholarships nondiscriminatory basis? . . . . . and other financial assistance are awarded

.

4a.( 4b .(

on a racially

c Copies of all catalogues, brochures, announcements, and other written communications to the public dealing with student admissions, programs, and scholarships? . . . . . d Copies of all material used by the organization or on its behalf to solicit contributions? . If you answered "No" to any of the above, please explain. (If you need more space, attach a separate statement.)

5 a

Does the organization discriminate by race in any way with respect to: Students' rights or privileges?

5a 5b 5c

b Admissions poflcies? c d e f Employment of faculty or administrative staff? Scholarships or other financial assistance? Educational policies'? Use of facilities? .

.;

5d
5e 5f 5g 5h .(

9 Athletic programs? h Other extracurricular activities? If you answered "Yes" to any of the above, please explain. (If you need more space, attach a separate statement.)

6a Does the organization receive any financial aid or assistance from a governmental agency? b Has the organization's right to such aid ever been revoked or suspended? . If you answered "Yes" to either line 6a or line 6b, please explain using"an attached statement. 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," attach an explanation.
For Privacy Act and Paperwork Reduction Act Notice, see the InstructiOlJS for Form 990. Cat. No. 500850 Schedule E (Form 990 or 990-EZ) 2008

Schedule F (Form 990)
Department of the Treasury Internal Revenue Service Name of the organization

Statement of Activities Outside the United States
~ Attach to Fonn 990. Complete if the organization answered "Yes" to Form 990, Part IV•.line 14b, line 15, or line 16.

OMB No. 1545-0047

~@08
Open to Public Inspection
number

Employer Identification

The Penns Ivania State Universi

24 6000376 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 the grants or assistance, the grantees' eligibility for the grants or assistance, and the selection criteria used to award the grants or assistance? . . . . .
For grantmakers. United States.

0

Yes

0

No

2

Describe in Part IV the organization's procedures for monitoring the use of grant funds outside the

3

Activities per Region (Use Schedule F-1 (Form 990) if additional space is needed}
(a) Region (b) Number of offices in the region (e) Number of employees or agents in region (eI) Activitiesconducted in region {by type} (i.e., fundraising,program services, grants to recipientslocated in the region) (e) If activity listed in (d) is a program service, describe specific type of service(s) in region (f) Total expenditures in region

Europe

1

6

program services

educational

program

1566993

Totals

~

1
Cat. No. 50082W Schedule F (Form 990) 2008

For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.

it; ....

IiZlIIII
1

Schedule F (Fonn 990) 2008

Page

2

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. Check this box if no one recipient received more than $5,000. . . . . .~ 0 Use Schedule F·1 (Form 990) if additional space is needed.
(a) Name of organization (b) IRS code section and EIN (if applicable) (e) 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

Ii) Method of valuation (book. FMV, appraisal, r'

2 3

Enter total number of organizations that are recognized as charities by the foreign country or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter. . ~ Enter total number of other organizations or entities . • . . • . . . . . . . . . . . . . . . . . . . . . . ••
Schedule F (Form 990) 2008

..................................................

__

;;

-

_

_

.

."

.

II!III1I

Schedule F (Form 990) 2008

Page 3 Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 16. Use Schedule F-1 (Form 990) if additional space is needed (a) Type of grant or assistance (b) Region (e) Number of recipients (d) Amount of cash grant (e) Manner of cash disbursement (f) Amount of non-cash assistance (9) Descrtption of non-cash assistance (h) Method of valuation (book. FMV. ap~~~~al.

Student Aid for Penn State enrollees

Sub-Saharan Africa East Asia and the Pacific Central America & Caribbean Europe South America Middle East and North Africa North America

19 181 1 1218
112

195765 1864921 10303 12549582
1153985

deposits deposits deposits deposits deposits deposits deposits

48
10

494565 103034

-

--

Schedule

F (Form 990) 2008

Schedule F (Form 990) 2008

Page

I:imIIl!I
appropriate

4

Supplemental Information
Complete this part to provide the information required in Part I, line 2. and any other additional information.

University aid is passed from the University to the Penn State program abroad, which has been visited and evaluated by University personnel prior to student enrollment. Students participating on a non-Perm State program cannot

Schedule F (Form 990) 2008

SCHEDULE

G

(Form 990 or 990·EZ)
Department of the Treasury

Supplemental Information Regarding Fundraising or Gaming Activities
~ Attach to Form 990 or Form 99O-EZ.Must be completed by organizations that answer ·Yes"to Form 990, Part IV, lines 17, 18, or 19, and by organizations that enter more than $15,000 on Form 99O·EZ, line 63.
Employer

OMS No. 1545-0047

~©08
Open To Public Inspection
number

Internal Revenue Service Name of the organization

Identification

The Pennsylvania

State University

24 :

6000376

I@II
1

Fundraising Activities.

Complete if the organization answered "Yes" to Form 990, Part IV, line 17.

Indicate whether the organization raised funds through any of the following activities. Check all that apply. e Solicitation of non-government grants b [Z] Email solicitations f Solicitation of government grants c [Z] Phone solicitations 9 Special fundraising events d In-person solicitations

a

GZlMail solicitations

GZl

III III III

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 fund raising services?

0

Yes

[Z] No

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. Form 990-EZ filers are not required to complete this table.
(i) Name 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) fund raiser listed in col, (i)

(vi) Amount paid to (or retained by) organization

Yes

No

Total

~

3 List all states in which the organization is registered or licensed to solicit funds or has been notified it is exempt from registration or licensing.

PA

For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50083H

Schedule G (Form 990 or 990-EZJ 2008

Schedule G (Form 990 or 990-Ell 2008

Page

ImII

2

Fundraising Events. Complete if the organization answered "Yes" to Form 990, Part IV, line 18, or reported more than $15 ,000 on Form 990-EZ , fine 6a list events with gross receipts greater than $5 ,000.
(a) Event #1 (b) Event #2

(el other Events

Thon
(eventtype)
Q)

Miracle Ball
(eventtype)

eight
(total number)

{Add eol. tal through cor, (el)

(d) Total Events

c:
(l)

;:I

cr.

ii>

1 2
3

Gross receipts . Less: Charitable contributions Gross revenue (line 1 minus line 2) Cash prizes Non-cash prizes . Rent/facility costs Other direct expenses

7596745 7596745 0

140000

297895

8034640 7596745

140000

297895

437895

4
III Q)

c '": 0.
Q)

5

UJ

x

6

13
0

~ 7
8

408827

46968

131478

587274

iiiIlIIIf
Q)

9

~ ( 587274) Direct expense summary. Add lines 4 through 7 in column (d) Net income summary. Combine lines 3 and 8 in column (d) . . . . . . . . . . . ~ (149379) Gaming. Complete if the organization answered "Yes" to Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.
(a) Bingo

c
Q)

;:I

(b) Pull tabsllnstant
bingo/progressive bingo

(e) Other gaming

(d) Total gaming (Add col. la) through col. (e»)

1i'i cr:

1 2 3

Gross revenue Cash prizes Non-cash prizes

Cfl Q) III

c:
Q)

0.

w ti

x

~

0

~ 4 Rent/facility costs
5 Other direct expenses Volunteer labor DYes % DYes No % DYes No %

6
7 8 9

o No

o

o

Direct expense summary. Add lines 2 through 5 in column (d) Net gaming income summary. Combine lines 1 and 7 in column (d) . _ . . . . . . .

Enter the state(s) in which the organization operates gaming activities:

a Is the organization licensed to operate 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:

11
12

Does the organization operate gaming activities with nonmembers? formed to administer charitable gaming?

.

.

.

.

.

.

.

.

.

.

.

. 12

Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity

Schedule

G (Form 990 or 990-EZ) 2008

Schedule G (Form 990 or 990-EZ) 2008

13

Indicate the percentage of gaming activity operated in: a The organization's facility. . b An outside facility . . . .

. .

. .

.. . .

138 13b

% %

14

Provide the name and address of the person who prepares the organization's gaming/special events books and records: Name ~ Address ~ ._ ..•.....• _......•..•... __ __ . __ .. _..• ._ •.••.............•........... _ ._...•...•.•• .. _•.. __ . .•..•.••.. .....•• _.. _...•.. ........•.. __ . . .

15a

Does the organization have a contract with a third party from whom the organization receives gaming revenue? If "Yes," enter the amount of gaming revenue received by the organization ~ $ amount of gaming revenue retained by the third party ~ $ _. . If "Yes," enter name and address: Name ~ .....•..... Address ~ ._ ...•......•.............. .. .. _.. __ _ ._.. . _.....•........ .•....•.•. _._..•...•.... _._.....•.... and the

b c

__ ._...•..•.•........... .

_.__ . . __ __ __ .• .

16

Gaming manager information:

Name ~ __ __ _._.•..•.•............••... . Gaming manager compensation ~ $ ..

. "_'

....•......

_.....•...••.....

__ ..••............•..•.

._

.
.••..•.••.. .•..•..•.•.......•.. _._. ....................••.....•.. _.

Description of services provided ~ ..

D Director/officer
17

D

Employee

D

Independent contractor

Mandatory distributions: 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 ~ $ a
Schedule G (Form 990 or 990-EZ) 2008

SCHEDULE H
(Form 990)
•. Department of the Treasury Internal Revenue Service Name of the organization

OMB No. 1545-0047

Hospitals
To be completed by organi;zations that answer ''Yes'' to Form 990, Part IV, line 20. •. Attach to Form 990.

~@08
Open to Public Inspection
Employer identification number

The Pennsylvania State University

6000376 Benefits at Cost 0

Chari

Care and Certain Other Communi

1a Does the organization have a charity care policy? If "No," skip to question 6a . b If "Yes," is it a written policy? . . . . . . . 2

o
3

o
o

If the organization has multiple hospitals, indicate which of the following best describes application of the charity care policy to the various hospitals. Applied uniformly to most hospitals Applied uniformly to aI/ hospitals Generally tailored to individual hospitals

o

Answer the following based on the charity care eligibility criteria that applies to the largest number of the organization's patients. a Doesthe organizationuse FederalPovertyGuidelines(FPG) to determineeligibility for providingfree care to low income individuals?If "Yes," indicate which of the fol/owing is the family income limit for eligibility for free care: 100% 150% 200% Other __ %

0

0

0

b Doesthe organizationuse FPG to determineeligibility for providingdiscounted care to low income individuals?If "Yes," indicatewhich of the following is the famJltincome limit for eligibilityfor discountedcare: . . . . . . . . . 200% 250% U 300% 350% 400% Other %

o

0

0

0

0

c If the organization does not use FPG to determine eligibility, describe in Part VI the income based criteria for determining eligibility for free or discounted care. Include in the description whether the organization uses an asset test or other threshold, regardless of income, to determine eligibility for free or discounted care. 4 Does the organization's policy provide free or discounted care to the "medically indigent"? . . Sa Does the organization budget amounts for free or discounted care provided under its charity care policy? b If "Yes," did the organization's charity care expenses exceed the budgeted amount?

4 5a

5b

c If "Yes" to line Sb, as a result of budget considerations, was the organization unable to provide free or 5c discounted care to a patient who was eligible for free or discounted care? 6a 6a Does the organization prepare an annual community benefit report? . 6b b If "Yes," does the organization make it available to the public? . Complete the following table using the worksheets provided in the Schedule H instructions. Do not submit these worksheets with the SChedule H. 7 Chari Care and Certain Other Community Benefits at Cost Charity Care and (a) Number of (b) Persons (e) Total community (d) Direct offsetting (e) Net community Means-Tested Government Programs a Charitycare at cost (from
Worksheets activities or programs (optional) served (optional) benefrt expense revenue benefit expense

(f) Percent of total expense

~-------+--------~----------+-----------+-----------r------

1 and 2) 3. column a) .

b UnreimbursedMedicaid (from
Worksheet C

Unreimbursed costs-other meanstested govemment programsfrom (
Worksheet 3, column b)

d Total CharityCare and Means-TestedGovernment Programs. Other Benefits e Communityhealthimprovement servicesand community benefit operations(fromWorksheet4) f Health professions (fromWorksheet5) . education

9 Subsidizedhealthservices(from Worksheet6) h Research(fromWorksheet7) . Cashand In-kindcontributionsto communitygroups (from Worksheet8) j Total Other Benefits k Total line 7d and T
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990. Cat. No. 50192T Schedule H (Form 990) 2008

Schedule H (Form990) 2008

Page

2

~

Community Building Activities Complete this table if the organization conducted any community building activities. (Optional for 2008)
(a) Numberof (b) Persons (e) Total community activities or building expense served (optional) programs (optionaQ
(d) Direct offsetting

revenue

(e) Net community building expense

(f) Percentof total expense

1 2

Physical improvements and housinq Economic development Community support Environmental imorovements Leadership development for community members Coalition building Community health improvement advocacy Workforce. development Other Total and training

3
4 5 6 7 8 9 10

..

Bad Debt, Medicare, & Collection Practices (Optional for 2008)

Section A. Bad Debt Expense 1 2
Does the organization Association Statement Enter the amount report bad No. 15? . debt expense in accordance (at cost) with _ Healthcare _ Financial Management

of the organization's

bad debt expense

f--2=-+

_

3
4

Enter the estimated amount of the organization's bad debt expense to patients eligible under the organization's charity care policy. .

(at cost) attributable

L3=--.J.

_

Provide in Part VI the text of the footnote to the organization's financial statements that describes bad debt expense. In addition, describe the costing methodology used in determining the amounts reported on lines 2 and 3, or rationale for including other bad debt amounts in community benefit.

Section B. Medicare 5 Enter total revenue received from Medicare (including DSH and IME) 6 Enter Medicare allowable costs of care relating to payments on line 5
7 Enter line 5 less line 6-surplus or (shortfall) _

j-:5=--+ 1-6=-+
1...:..7-'-

_

_
_

8

Describe in Part VI the extent to which any shortfall reported in line 7 Should be treated as community benefit and the costing methodology or source used to determine the amount reported on line 6, and indicate which of the following methods was used:

o
9a

Cost accounting

system

0

Cost to charge

ratio

0

Other

Section C. Collection Practices
Does the organization have a written debt collection policy? b If "Yes," does the organization's collection policy contain provisions on the collection practices to be followed for patients who are known to qualify for charity care or financial assistance? Describe in Part VI _.

r=9=a'--t---t---9b

Mana ement Companies and Joint Ventures 0 tional for 2008
(a) Nameof entity (b) Descriptionof primary

activity of entity

(c) Organization's (d) Officers, directors. (el Physicians' profit % or stock trustees,or key proHt% or stock employees'profit % ownership % ownership % or stock ownership %

1

2
3
4

5 6 7 8 9

10
11

12 13 14
Schedule H (Form 990) 2008

Schedule H (Form S90) 2008

Page

3

Facility Information (Required for 2008)
Name and address
o ::J rn c.

c

'"

'"

'" '" ~
::>

G>

zr o
CII

3

:> vi

(iJ

a:

2:

0

(i}

Q

'2: " " ::>
<C 00 "0

<b C.

"0

~

!!!.
po



5
"0
U>

zr c

a ., g
en en :::r
0
U>

,;""

(I) U>

:Xl

m

<b II>

:::r

C'l

CD

g

~

~

g

W-

o c iil

c-

~

Other (Describe)

.a o·
_p_~~_I}_~tl!!~_M~IJ~~J~:H~!.~~_~Y_M~~!~_<!~~~m~! _____________
_~Jl.(t ~_I)!y_~~j~J~r~~~_B9_C?!!1___________________________________

en c

"0

~

!!!.

.;

.;

.;

.;

.;

.;

.;

outpatient physician
clinic, imaging center

Schedule H (Form 990) 2008

Schedule H (Form 990) 2008

Page

Im!lI
1 2 3

4

Supplemental Information (Optional for 2008)

Complete this part to provide the following information. Provide the description required for Part I, line 3c; Part I, line 6a; Part I, line 7g; Part I, line 7, column (f); Part I, line 7; Part III, line 4; Part III, line 8; Part III, line 9b, and Part V. See Instructions. Needs assessment. Describe how the organization assesses the health care needs of the communities it serves. Patient education of eligibility for assistance. Describe how the organization informs and educates patients and persons who may be billed for patient care about their eligibility for assistance under federal, state, or local government programs or under the organization's charity care policy. Community information. Describe the community the organization serves, taking into account the geographic area and demographic constituents it serves. Community building activities. Describe how the organization's community building activities, as reported in Part /I, promote the health of the communities the organization serves. Provide any other information important to describing how the organization's hospitals or other health care facilities further its exempt purpose by promoting the health of the community (e.g., open medical staff, community board, use of surplus funds, etc.). If the organization is part of an affiliated health care system, describe the respective roles of the organization and its affiliates in promoting the health of the communities served. If applicable, identify all states with which the organization, or a related organization, files a community benefit report.

4 5 6 7 8

Schedule H (Form 990) 2008

IL

SCHEDULE I (Form 990)
Department of the Treasury Internal Revenue Service Name of the organization

Grants and Other Assistance to Organizations, Governments, and Individuals in the U.S.
~ Complete if the organization answered "Yes," on Form 990, Part IV, lines 21 or 22. •• Attach to Form 990.
Employer

OMB No. 1545-0047

~@08
Open to Public Inspection
identification number

The Pennsylvania
i

State University

24:

6000376

General Information on Grants and Assistance

1 2

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? .•...........•..............•. Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.

III Yes

0

No

Grants and Other Assistance to Governments and Organizations in the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient that received more than $5,000. Check this box if no one recipient received more than $5,000. Use Part IV and Schedule 1-1 (Form 990) if additional space is needed. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .~
1 la) Name and address of organization or govemment

I

(b) EIN

I

(cIIRC section if applicable

I

lei) Amount of cash grant

I

(e) Amount of non-cash assistance

I ~~

M~t~o~l valuatior 0, oth~~ppralsa,

I

(g) Description of non-cash assistance

I

0

(h) Purpose of grant or assistance

2 3

Enter total number of section 501(c)(3) and government organizations Enter total number of other orqanlzatlons . . . . . • . . .
Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P

•• ••
Schedule I (Form 990) 2008

For Privacy Act and Paperwork

............................•..

-,.

EIIIIDI

Schedule I (Form 990) 2008

Page

2

Grants and Other Assistance to Individuals in the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 22. Use Schedule 1-1(Form 990) if additional space is needed.
(a) Type of grant or assistance (b) Number of recipients (e) Amount of cash grant (d) Amount of non-cash assistance (e) Method of valuation (book, FMV, appraisal, other) (f) Description of non-cash assistance

Student Aid for Penn State enrollees

68546

954231857

~

Supplemental Information.

Complete this part to provide the information reauired in Part I, line 2, and any other additional information.

_~!I_~!!'~!~!~_p'~~!~!p"~!~~~!!,_,!~I_!~~_~~J~E~~_~~_~~~_~~_~_~!~~!~~~~~.!!!_~~~_PEt!~~~~~·_~~~_,:!~)_~_~~_~~~!~_!~.!!~).!!~_~_~~~c:~_~_c: _

_ ~~_~_'!!~!l_~~~! _ _~_~~«:~)~ ~~~i~~_~!~ _~~_ !~~_f~~~_~~_!,:!!!!~~ _~~~~~!~~_~~~~!_~!~_~_~~_p'~!~~~:>:_~I~~I~~I~~_!~!. ~~~c:~t!~,:, !~!=:>_~ -'?!~~!~~:>_ !:'_ ~~!!!!~i.!!!_~ _<?_~ _~~~~_~_~~~_!!."_~~~~~~~' __

__ ~~~_~!:'~!~!?_~~_~~~~~_~!.~~_~P..~!~~~~~?.~_!c.'!_~_*:~_*:~~_~_t_~~_*:~~~~~_~~~~~_~)_~!'!~~X~_~~'_~""_!'!~~_~~~~~_~_~~~~.!!~!!!,!I_~~~_ ~ _

_ ~~~~~_~~_!~~_~~_~~~~_~~!~_~!~~~~!~~_~.!!l!~~_~_!~~~~_~~!_~i_~!~~~~_t!~_!~~~!_t_~_~~~~:.~!~_~~!~_!~_~_~~:.~~!~!~~_~!'_~~ __~!_~~~~~~~~!~_~~~_~~~~~_~!~~~_'!!_~~~!!~ ~ .. _
_~~~!!!~!~~_~_~~~~.!!!~~!~_!~_p-1_~c.:~~~_E;!1_~~~~5~~p"1!~~~~_~!~~!~~~~!~~!~!~!_~~~_~<?~~!_I!~~_~~~~~_~~.i~:>_~~':1_~~~~~,-,~I_P"?!~<:!!~' _

Schedule

I (Form 990) 2008

SCHEDULE J (Form 990)
Departmentof the Treasury Intemal Relfenue Service

Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees ~ Attach to Form 990. To be completed by organizations that answered ''Yes" to Form 990, Part IV, line 23.

OMS No. 1545-0047

~@08
Open to Public Inspection

Name of the organization

Employer identification number

The Penns Ivania State University

24 :

6000376

Questions Regarding Compensation
18 Check the appropriate box(es) if the organization provided any of the following to or for a person listed in Form 990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

III First-class or charter travel III Travel for companions III Tax indemnification and gross-up D Discretionary spending account

payments

III D III 121

Housing allowance or residence for personal use Payments for business use of personal residence Health or social club dues or initiation fees Personal services (e.g., maid, chauffeur, chef)

b If line 1a is 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 . . . . . 2 Did the organization require substantiation prior to reimbursinq or allowing expenses incurred by all officers, directors, trustees, and the CEO/Executive Director, regarding the items checked in line 1a? 3 Indicate which, if any, of the following the organization uses to establish the compensation of the organization'S CEO/Executive Director. Check all that apply. III Compensation committee III Written employment contract 121 Independent compensation consultant 121 Compensation surveyor study III Form 990 of other organizations III Approval by the board or compensation com mitt

4

During the year, did any person listed in Form 990, Part VII, Section A, line 1a: a Receive a severance payment or change of control payment? . . . . . • b Participate in, or receive payment from, a supplemental nonqualified retirement plan? . c Participate in, or receive payment from, an equity-based compensation arrangement? 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} and 501(c}(4) organizations must complete lines 5-8.

5

For persons listed in Form 990, Part VII, Section A, line 1a, did the organization payor accrue any compensation contingent on the revenues of: a The organization? . . . . . . . . . b Any related organization? . . . . . . . If "Yes" to line 5a or 5b, describe in Part III.

For persons listed in Form 990, Part VII, Section A, line 1a, did the organization payor accrue any compensation contingent on the net earnings of: a The organization? • . . . . . . . . b Any related organization? . . . . . . . . If "Yes" to line 6a or 6b, describe in Part III. 7 For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed payments not described in lines 5 and 6? If "Yes," describe in Part III. . . . . . . . . . . 8 Were any amounts reported in Form 990, Part VII, paid or accrued pursuant to a contract that was subject to the initial contract exception described in Regs. section 53.4958-4{a){3)? If "Yes," describe in Part III 6
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Fonn 990.
Cat. No. 50053T

7

8

Schedule J (Form 990) 2008

..

IDIII

Page 2 Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use Schedule J-1 if additional space is needed. ~: For each Individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the Schedule J (Form 990) 2008

instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII. Note. The sum of columns (B)QHiii) must equal the applicable column (D) or column (E) amounts on Form 990, Part VII, line 1a.
(B) Breakdown of W-2 and/or 1099-MISC compensation (A) Name Ii) Base
compensation (ij) Bonus & incentive compensation (e) Deferred compensation (0) Nontaxable benefits (E) Total of columns (B)(O-(D) (F) Compensation reported in prior Form 990 or Form 990-EZ

(ill) Other
reportable compensation

Graham Spanier Rodney Erickson Rod Kirsch Harold Paz Eva Pell Gary Schultz Joseph Paterno
I

(i) ~ (ii) (ii)

----~~~~_~-I- ---~-- _-~------_----_.!_~~_~~_ _--- ~------

~~~~~~_~ ------ ---- --~~~~J ----.?~~~~~-1..----.
. •

.
.

0) ~-- ------ -- --~~ ~-~~~-~--- - ----- - ----.- - ---- ~- ---- -------- -

-~~~~.l- ----- ~~~~-~----- 1~~~Z~----------~~~-~~-1----- --- --~ --~!~~L~ -----------!?~~! --------~~~~~9-1J-.--

~.-.--.------~~~.~~~--.-.----------------1---.--- ---- -----!~-~~-t------------_~J_~~q ------ -~ -~ ---------~!~~~~-1----'-----------.. ------ - ~~~~--- ----I(~:)
. (I) ~ I Iii)

.!!~~_~~_~-I--------~~~~-~?-_ ~ ---- !~~ ~ ---~!~_ --

,

I~:}~------- -

~E!~_~~_~_I------ --------~------- -------?~~! --------------~?~l--------------~-l.1~-~~~~--- .--- ----}!~~~-i ------------------. --1~t}~_~ -~------------ --!~-~~-~~---- --~~~~~~-1--------- --- --- - - - ---- ---- -.

I(~~ ~------------~~~~9_~ -~---------------------~ ------------- ---~~.I!~-l----~) ~---- ----- - __ ~!l_~_~_~ ------- ---- -- -----Iii) (i) ~ (ii) (i) ~ (ii)

--1- --- -- ----- --~~~!~~----------_~Zl:l!l.~_~_ --- ------ ~~~~~ ~--- --.-. -- --!~ ~- - ----~~~?!.1---.

. _ . .
.

Robert Harbaugh . Ed Dechellis Alan Brechbill Peter Dillon

J~~?~~_I_--------~~~-~I:I-~ _----_ _----

--.i------- -------?11:1!l.~ ----------_E~!i_~ -----------~-~?J-~~-l---l~-~~~~_t}~--- --- - --?-~~~?~f --------1-- ---

~~!..~~~t~ -- ----------- -1------- ----- -~?~~-~~-t- -~.!!~-~~-~ ----------------

0)~
l(ii}

~~_~~_~_I------ --~!~-~~-~ --------------l--------------?!~!!~---------- J.-----------?_~!l!~~ -----_ _----- - _ -~-- - -~!~~.~
--~~~~~-I-------------.!!?~-~?-~ --------------.-------l-- ---- -- ------~!~~~-~--- ~!!~~-'! ----- ----+---- ------ ----- -- ----1 -------------1 --------

I (~:) ~-- --------

t-----------~-~ ----------------------. - ~!~~i
---------- ---- ------ -i ---- ---.-- ----- ----- --.
--- -_.

Ion
I Iii}

0) ~--- ----- ------- -----(I) ~

---- -- ---> ---.-- -- -- ---- --------"- ------ -- - --- -- -----tOr --- -------------

---- --- - --1- - ---- ---- - -- - ---- ----t --.--.- -----

-.-- ;-- - -- - ---- - - --- - - -----1-

(i) ~-- -----(ii)

- - ----- ----- -

+--- ----- ---- ---- ----- 1--- ---- --.--

--- --- -.- - t-- ---- -- - ---- -- --- - --+ -------------------- -+-- ------------------- i---- ----- -------- -- ..
- ---- ------ -- -- --- -;-- - - - --- -- - ---- - --- - - -1--- -. - -,,-- -

inn

(i) ~-- - - --- - -- ---- -

-------1------ ----- ---- ----- --i ----- --- ----" --- ------ t - -- --- - ---- --- -- ------~--+---" ----- ------- ----- 1------ - --- ----- ---.-~- - --- - -- ----- ------

---.

(Ii)

O} f -- ----------

--- - ----

---~- ---- - -- --------

---. -i- ---------- -----------i------.-------. - -----.
Schedule J IForm 990) 2008

NOTE:

Deferred compensation includes contributions to qualified retirement plans, including those offered to all full-time University employees by the PA State Employees' Retirement System and TIAA Cref.

u..

IJIII[I

Schedule J (Form 990) 2008

Page

3

Supplemental Information Complete this part to provide the information, explanation, or descriptions required for Part I, lines 1a, tb, 4c, Sa, 5b, 6a, 6b, 7, and 8. Also complete this part for any additional information.
Officers and other University employees utilize charter travel in limited instances where the business advantage Justifies any additional cost incurred.
~ __ •• •• M • __ •••••• ••••• •• ••••• •••••• ••• __ ••• ••• __ ••••••••• •••••••••••• __ ••••••• _~ ••• ••• ••• ••••••••• ••• ••• __ •• •• •••

Penn State
••• _

pays for spousal travel expense which serves a legitimate university

business purpose.

The University indemnified

an executive for taxes in 2008 (including Penn State's President lives in with this business use of the personnel use

a gross-

up payment) relating to travel in connection with the employee's relocation done to satisfy University business requirements. a university-owned residence that is located near campus. The residence is used for significant university duties.

In connection

residence, personal services are provided. primarily for business purposes.

In addition, the University pays for a social club membership that Its President and other University

Schedule J (Form 990) 2008

SCHEDULE J-2 (Form 990)
Department of the Treasury Intemal RE!IIenue Service ~

OMS No. 1545-0047

Continuation Sheet for Form 990
Attach to Form 990 to list additional information for Form 990, Part VII, Section A, line 1a_

~@08
Open to Public Inspection
6000376
Employer Identificationnumber

Nameof the Organization

The Penns Ivania State Universit

24

:

Continuation Employees
(A)
Name and Title

of Officers, Directors, Trustees, Key Employees, and Highest Compensated
(6) Average hours per week

Ie)
Position (check all that apply)
:> ~5. !!l 0 3l ~~ g ~ oc a
0

(0) Reportable compensation from the
organization

(E) Reportable compensation from related organizations (W-2/1099-MlSC)

(F)
Estimated amount of other compensation from the organization and related organ izations

A

'<
CD "0

CD

~- 2"
o~
:>

3

3 -i[! ~
(DO

..,'§.
0

CO:I: 3 _.

"T1

0

2

!!l.

-c

a

CD

*

3:

..,
(l)

3

(W-211099-MISC)

it (D

:>

en

0>

~

Linda Strumpf -frus1:ee-- ------ ------ ------------ ----- ----------

-I _ -I
_

_M~c:h~~IJ~~~~~~.r~~I)!~
Trustee

_~~!!~!!l_~p_~!1.i~r
President & Trustee

-I -I
_

683660 412702 336060 864383 293017 422891

115726 28266 37178 74038 22347 29198 30287 45764 33009 45119 48764

_ R~~~_~Y_~r:.i~~~~!,!
Exec. VP & Provost Rod Kirsch ------ -- ----- ---- --- --- --- --- --- ---- - ----- --------Sr. VP • Development Harold Paz CEO· Hershev Medical Center
----------------__ A •

-I -I
_

--

.; -I

_ ~_'!?.P-~H
Sr. VP • Research

_ _ -I
"

_~~!Y.:_~~_tt~lg
Sr. VP • Finance & Business

_J~~~.P!!f~t~~!1.<?
Head Football Coach

-I
" _

1079690 779432 676363 674011

_R<?~~rttt~~!:!.~!-!.9!!
Chair Dept. of Neurosurgery

-I
_

_~_~_~~£Q~ln~

Head Basketball Coach _~I.!!~_ r~_q!:l_~!I.I. ~ "_ Executive Director· MSHMC - Peter .. Dillon--_ .. - - - - -- - - _ ---_ .. _ -- - .. _ .. -- --- - - - - - - _ .. ------ _ .. Chair Deot_ of Suraerv

-I -I -I

625969

_~~~<?~~_ _~_ P_~~_!!~!!~_~ ~h~~ ~~I!! ~ _t!!! _r:.E!~_~~'!~_~_
from related cruanizatlons.

For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Fonn 990_

Cat.

No. 49915E

Schedule J-2 (Form 990) 2008

... .. if _

SCHEDULE K (Form 990)
Department of the Treasury Intemal Revenue Service Name of the organization

Supplemental Information on Tax-Exempt Bonds
~ Attach to Form 990. To be completed by organizations that answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions, explanations, and any additional information on Schedule 0 (Form 990).
Employer

OMB No. 1545-0047

~©08
Open to Public Inspection
identification number

The Pennsylvania

State Universi Bond Issues (Required for 2008)
(allssuer name (b) Issuer EIN

24 leI
CUSIP II

6000376
(91 Defeased I behan of
issuer

I (d)

Date Issued

(e) Issue price

(f) Description of purpose

IhIOn

A The Pennsylvania B The Pennsylvania C The Pennsylvania

State University State University State Universit'

24-6000376 24·6000376 24·6000376 24·6000376 24-6000376 A

I 709235TM I 709235TQ I 709235S0
I 709235SN I 709235QG

2009 2009 2008 2008 2007 B

138060000 I Construction 74235000

Yesl No IYes

and renovation

.f

r7
.f

.; .;

I Construction and renovation
and renovation

.; .;
.;

77670000 I Construction 8310000

o

The Pennsylvania State Unlversl

I Construction and renovation
and renovation

.; .;

90570000 I Construction

.;
E

c

o

1 2 3 4 5 6 7 8 9 10 11 12

Total proceeds of issue Gross proceeds in reserve funds Proceeds in refunding or defeasance escrows Other unspent proceeds Issuance costs from proceeds Working capital expenditures from proceeds Capital expenditures from proceeds Year of substantial completion
Yes No Yes No Yes No Yes No Yes No

Were the bonds issuedas part of a current refundingissue? Were the bonds issued as part of an advance refundinq issue? . Has the final allocation of proceeds been made? . Does the organization maintain adequate books and records to support the final allocation of proceeds? Private Business Use (Optional for 2008 A B
No Yes No Yes

C
No Yes

o
No Yes

E
No

1

Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? . Are there any leasearrangementswith respectto the firlanced property which may result in private businessuse?

Yes

2

For Privacy Act and Paperwork

Reduction Act Notice, see the Instructions

for Form 990_

Cat. No. 50193E

Schedule

K (Form 990) 2008

"

Schedule K (Form 990) 2008

Page

I

~ 2

Private Business Use (Continued) A
B

C No
Yes

0

E No
Yes

3a Are there any management or service contracts with respect to the financed property which may result in private business use? b Are there any research agreements with respect to the financed property which may result in private business use? . c Does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts or research agreements relating to the financed property? .
4

Yes

No

Yes

No

Yes

No

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 •.. 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 . ~ Total of lines 4 and 5 Has the organization adopted management practices and procedures to ensure the post-issuance compliance of its tax-exempt bond liabilities?

%

%

%

%

%

5

6
7

% %

% %

% %

% %

% %

..
1 2

Arbitrage (Ootionaf for 2008) A
Has a Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate, been filed with respect to the bond issue? . Is the bond issue a variable rate issue?
Yes

B

C No
Yes

0

E

No

Yes

No

Yes

No

Yes

No

3a Has the organization or the governmental issuer identified a hedge with respect to the bond issue on its books and records? . b Name of provider. c Term of hedqe 4a Were gross proceeds invested in a GIG? . b Name of provider . c Term of GIG d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? .

5 Were any gross proceeds invested beyond an
available temporary period? 6 Did the bond issue qualify for an exception to rebate?
ScheclJle K (Form 990) 2008

· ii.

SCHEDULE K (Fonn 990)
Department of the Treasury lntemal Revenue Service

Supplemental Information on Tax-Exempt Bonds
~ Attach to Fonn 990. To be completed by organizations that answered "Yes" to Fonn 990, Part IV, line 24a. Provide descriptions, explanations, and any additional information on Schedule 0 (Form 990).
Employer

OMB No. 1545-0047

~@08
Open to Public Inspection
identification number

24
(a) Issuer name (b) Issuer EI N (e) CUSIP # I lei) Date issued (e) Issue price If) Description of purpose

i
w)

6000376
DefeasooI behaf of issuer

(hi On

A The Pennsylvania

State University

24-6000376 24-6000376 24-6000376 24-6000376 52-1558022 A

I 709235RD
I 709235PJ I 709235NR
I 709235MX

2007 2005 2004 2003 2006

80025000 I Construction 98175000 62000000 30915000 4700000

and renovation

Yes No \

I ./ 17 .f
Yes

B The Pennsylvania State Unlversit C The Pennsylvania State University

I Construction I Construction I Refunding ·1993 series bonds

.f

.f
.f .f

I
.f

D The Pennsylvania State Unlversit

I 70917PHF

.f
D
E

I

B

C

1 2 3 4 5 6 7 8 9 10 11 12

Total proceeds of issue Gross proceeds in reserve funds Proceeds in refunding or defeasance escrows Other unspent proceeds Issuance costs from proceeds Working capital expenditures from proceeds Capital expenditures from proceeds Year of substantial completion
Yes No Yes No Yes No Yes No Yes No

Were the bonds issuedas part of a current refunding issue? Were the bonds issued as part of an advance refundino issue? Has the final allocation of oroceeds been made? _ Does the organization maintain adequate books and records to support the final allocation of proceeds? •

Private Business Use (Optional for 2008.
A 1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? . Are there any lease arrangementswith respect to the financed property which may result in private business use?
Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E Schedule K (Form 990) 2008

B
No Yes No Yes

C
I
No Yes

o
No Yes

Yes

E I

No

2

For Privacy Act and Paperwork

. il,'.

Schedule K (Form 990) 2008

Page

Private Business Use (Continued)
A 3a Are there any management or service contracts with respect to the financed property which may result in private business use? b Are there any research agreements with respect to the financed property which may result in private business use? •
c.

-

2

B No Yes No Yes

C No Yes

0 No Yes

E No

Yes

c Does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts or research agreements relating to the financed prooertv? . 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 ~ 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 . ~ Total of lines 4 and 5 Has the organization adopted management practices and procedures to ensure the post-issuance compliance of its tax-exempt bond liabilities?

%

%

%

%

%

5

6 7

% %

% %

% %

% %

% %

..
1 2

Arbitraae (ODtional for 2008)
A Has a Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate, been filed with respect to the bond issue? • Is the bond issue a variable rate issue?

B No Yes No Yes

C

0 No Yes No Yes

E No

Yes

3a Has the organization or the governmental issuer identified a hedge with respect to the bond issue on its books and records? • b Name of provider . e Term of hedae 4a Were cross oroceeds invested in a GIC? . b Name of provider . . e Term of GIC d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? •

-

5

Were any gross proceeds invested beyond an available temporary period? Did the bond issue qualify for an exception to rebate?
Schedule K (Form 990) 2008

6

ii,

SCHEDULE K (Form 990)
Department f the Treasury o Imernal evenue R Service
Name of the organization

OMS No. 1545-0047

Supplemental

Information on Tax-Exempt

Bonds

• Attach to Form 990. To be completed by organizations that answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions, explanations, and any additional Information on Schedule 0 (Form 990).

~@08
Open to Public Inspection Employer identification number 24-

,, ,

6000376

(a) Issuername

(b) IssuerEIN

I

Ic) CUSIPII

I

(d) Date issued I

(e) Issue price

I I Sprinkler

(f) Descriptionof purpose

I

{gl Defeased

I

b~a~~ issuer

Yes No IYesl No A PA Higher

Ed Facilities

Authority

52·1558022 23·6760375

I 70917NH2 I
550802GS 550802GF 550802FN

2004 2008 2005 2003

I

5600000 55000000 15225000 17385000

system

installation

'1 l'

Construction Construction Refundina and renovation • 1993 series

county

Authori

23-6760375 23-6760375

, , , ,
.f ,f

E

Proceeds (Ootional for 2008,
1
2 Total proceeds Gross proceeds Proceeds Issuance Working Capital Other unspent of issue in reserve funds or defeasance escrows proceeds from proceeds

I

A

I

B

I

c

I

0

I

E

3 4

in refunding

5 6 7 8 9 10 11
12

costs from proceeds capital expenditures expenditures completion from proceeds

Year of substantial

Were the bonds issued as part of a current refunding issue? Were the bonds issued as part of an advance refunding issue? Has the final allocation Does the organization of proceeds been made? of proceeds? maintain adequate books and

I

Yes

I

No

I

Yes

I

No

I

Yes

I

No

I

Yes

I

No

I

Yes

INo

records to support the final allocation

Private Business Use (Ootional for 2008)
1
Was the organization a partner in a partnership, or member of an LLC, which owned property financed tax-exempt bonds? .

a-I
by

A
Yes

I

No

I

B
Yes

I

No

I

Yes

c I

-----.-~--

No

I

0
Yes

I

No

I

E
Yes

I

No

2

Are there any lease arrangements with respect to the financed property which may result in private business use? Reduction Act Notice, see the Instructions for Form 990. Cat. No. 50193E Schedule K (Form 990) 2008

For Privacy Act and Paperwork

"

Schedule K (Form 990) 2008



Page ~

2

Private Business Use (Continued)
A

B No Yes No Yes

C No Yes

D No Yes

E

3a Are there any management or service contracts with respect to the financed property which may result in private business use? b Are there any research agreements with respect to the financed property which may result in private business use? . c Does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts or research agreements relating to the financed property? . 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 ~ 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 . ~ Total of lines 4 and 5 Has the organization adopted management practices and procedures to ensure the post-issuance compliance of its tax-exempt bond liabilities?

Yes

No

4

%

%

%

%

%

5

6 7

% %

% %

% %

% %

% %

..
1

Arbitraae (Ootional for 2008)
A Has a Form 8038- T. Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate, been filed with respect to the bond issue? . Is the bond issue a variable rate issue?

B No Yes No Yes

C
No

D Yes No Yes

E No

Yes

2

3a Has the organization or the governmental issuer identified a hedge with respect to the bond issue on its books and records? . b Name of provider. e Term of hedge 4a Were gross proceeds invested in a GIC? . b Name of provider . e Term ofGIC d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? .

5

Were any gross proceeds invested beyond an available temporary period? Did the bond issue qualify for an exception to rebate?
SchedLile K (Form 990) 2008

6

SCHEDULE L (Form 990 or 990·EZ)
Departmentof the Treasury
Internal Revenue Service

Transactions With Interested Persons
•• Attach to Form 990 or Form 990-EZ. •• To be completed by organizations that answered "Yes" on Form 990, Part IV, line 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 4Ob.
Employer

OMB No. 1545-0047

~@08
Open To Public Inspection
identification number

Name of the organization

The Pennsylvania State University

24 :

6000376

Excess Benefit Transactions (section 501(c)(3) and section 50i(c)(4) organizations oniy). To be completed by organizationsthat answered "Yes" on Form 990, Part IV line 25a or 25b, or Form 990-EZ, Part V, line 40b. (elCorrected? 1
(a) Name of disqualified person {bJ Description of transaction Yes No

2 3

Enter the amount of tax imposed on the organization managers or disqualified persons during the year under section 4958 . •• $ -----Enter the amount of tax, if any, on line 2, above, reimbursed by the organization . •• $ Loans to and/or F'rom Interested Persons. To be completed by organizationsthat answered"Yes" on Form 990, Part IV, line 26, or Form 990-EZ, Part V, line 38a.
(b) Loan to or from the organization? • (c) Original principal amount (d) Balance due (e) In default. {fl Approved by board or committee? Yes No

_

Ii!tIIII

(a) Name of interested person and purpose

(9) Written agreement?

To

From

Yes

No

Yes

No

Total

. ••$
Grants or Assistance Benefitting Interested Persons. To be completed by orqanizations that answered "Yes" on Form 990, Part IV, line 27.
(a) Name of Interested person (b) Relationship between interested person and the organization

{cl Amount of grant or type of assistance

..

Business Transactions Involving Interested Persons . To be completed ov organizations that answered "Yes" on Form 990, Part IV, fine 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the orqanizanon

(el Amount of
transaction

(d) Description of transaction

Ie) Sharin{l of organization'S revenues?
Yes

No

See schedule 0

For Privacy Act and Paperwork

Reduction

Act Notice,

see the Instructions

for Form 990,

Cat. No. 50056A

Schedule

L (Form 990 or 99O-EZ) 2008

SCHEDULE M (Form 990)
Department of the Treasury Internal Revenue Service Name of the organization

OMB No. 1545·0047

NonCash Contributions
~ To be completed by organizations that answered "Yes" on Form 990, Part IV, lines 29 or 30. ~ Attach to Form 990. Employer

~©08
Open To Public Inspection
Identification number

24
(a) (b)

:

6000376
{d}

Check if applicable 1 2 Art-Works of art Art-Historical treasures Art-Fractional Interests Books and publications Clothing and household goods Cars and other vehicles Boats and planes Intellectual property . Securities-Publicly traded Securities-Closely held stock Securities-Partnership, or trust interests . Securities-Miscellaneous Qualified conservation contribution (historic structures) . . . Qualified conservation contribution (other) . Real estate-Residential Real estate-Commercial Real estate-0ther Collectibles Food inventory Drugs and medical supplies Taxidermy . . . Historical artifacts Scientific specimens Archeological artifacts Other ~ ( ..1]9J$.~~.lJr!tili!.!L Other ~ C Other ~ C Other ~ ( llC,

Number of contributions

(el Revenues reportedon Form990. PartVIII,line19

Method of determining revenues

3
4 5 6 7

8 9
10

11
12

15435299

fair market value

13

14 15 16 17

18

~

19 20 21 22 23 24 25 26 27 28

)

13616058

fair 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 L..=2==:9'--L

30a During the year, did the organization receive by contribution any property reported in Part I, lines 1-28 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? . . . . b If "Yes," describe the arrangement in Part II. 31 Does the organization have a gift acceptance contributions? .... policy that requires the review of any non-standard . . . .

32a Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash contributions? b If "Yes," describe in Part II. 33 If the organization did not report revenues in column (c) for a type of property for which column (a) is checked, describe in Part II.
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990. Cat. No. 51227J Schedule M (Form 990) 2006

Schedule M (Form 990) 2008

IDIII

Page

2

Supplemental Information. Complete this part to provide the information required by Part I, lines 30b, 32b, and 33. Also complete this part for any additional information.

-- - - - -- - - - -- - -- -- - - --

-

--- - - -.- - - -.-- - - - - -- -- - - - - - - - - --- ----- --- ---- ------ --- ---------

- --- --- _.----- - ---- - -----

.--- - ---

-:---

------- - .--- -- - --- ------- - ---

Schedule M (Form 990) 2008

SCHEDULE 0 (Form 990)
Department of the Treasury Internal Revenue Service Name of the organization

OMB No. 1545-0047

Supplemental Information to Form 990
•. Attach to Form 990. To be completed by organizations to provide additional information for responses to specific questions for the Form 990 or to provide any additional information. State University

~@08
Open to Public Inspection
number

Employer identification

The Pennsylvania

24

i

6000376

_ _YU:~~~ ~~~~r!'?_I!~ ~_~~ _~ !~_.s_~~_t!?'.:'_ ?~~ !~1@'

_

_~_~~_Y~!_l:~'.:'~_~ _~~.~_f3_~y~~.~_ Q_:_~?~~ ..

.. __. _.

.

.

.

_

'.

_~.c!,,!;>_C?~;>_ !J_'.:'~~~~~_!?~!~~_ !':'_ ~C?.I'!IE~_'.:':;5~~~C?~ ~~_~~Y..~:

.

.

.

.

_

_'='_~~_Y!y~.!'!_ ~_:_1?_C?~_I!!':I.!'!~~ ~ .•.. _~.".<l!~~'?.l! _!tt~p-~_,?!i_~ ~~~_~C?

.

.

.

.

.

.

_

For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 51056K

Schedule 0 (Form 990) 2008

Schedule 0 (Form 990) 2008
Name of the organization Employer identification number

Page

2

transactions have been fair and reasonable.

Schedule 0 (Form 990) 2008

'1.11,



SCHEDULE R (Form 990)
~
~~~r=~::~u~~Z:Ury Name of the organization

OMS No. 1545-0047

Related Organizations and Unrelated Partnerships
Attach to Form 990. To be completed by organizations
~

that answered ''Yes'' to Form 990, Part IV,line 33,34,35,36,

or 37.

~@08
Open to Public Inspection
6000376

See separate instructions.

The Pennsvlvania State Universitv

ImI

Identification

of Disregarded
(AI

Entities
(B) Primary activity (C) Legal domicile (state or foreign country) (0) Total income (E) End·of·year assets (F) Direct controlling entity

Name, address, and EIN of disregarded entity

IimIID
$

Identification

of Related Tax-Exempt

Organizations
(6) Primary activity (e) Legal domicile (state or foreign country) (0) Exempt Code section (E) Public charity status (if section 501 (0)(3)) (F) Direct controlling entity

(A) Name, address, and EIN of related organization

·.:fhe-MittoA-S.·Hershey·MedieaJ.C9flter-26-1854+7~····················· ·.:fhe-Gerperation-for-P9fln-State-~S45002g.2-········-··-·-·-···-···-··-.penn-State--ReseaFcl1-FoifAda'ion~3435913S·-··-··-----·-··-----··-·-··· -.peflnsylvania-Goliege-ef·TeehRolegy-23-2664608-··-··-·-.---------·--·-·· -Sen-Fr-aflldln-T
9Gb

.... .... ..

Heallhcare Holding company Research Education . Technology - Holding Property Promote Recycling

PA PA PA PA PA PA PA
Cat. No. 50135Y

501(c)(3) 501 (c)(3) 501(c)(3) 501(c)(3) 501(c)(3) 501(c){2) 501(c)(3)

509(a){1) 509(a)(3) 509(a)(3) 509(a){1) 509(a)(1)

Penn State Univ. Penn State Univ. Corp. for PSU Corp. for PSU Corp. for PSU Corp. for PSU

-Gtr·ef-CentFal-aoo-Nerthem-PA-26-1-6-18093--- --- .. -.

-Nittany- TUIe-Cerpor-ation--2-6-16-18479-- --.- .. ---. -. ---- -.- ..• -. ----- ----.-.--ReeyeliAg.MftFk8t$.centeF·~-2-"'9-1485-- ----. --- --- ... ---.- --.- .. ---. - --.--.
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions

509(a)(1}

Corp. for PSU

for Form 990.

Schedule R (Fonn 990) 2008

il

Schedule

R (Form 990) 2008

Page

2

_

Identification
IA)
Name, address. and EIN of related organization

of Related Organizations Taxable as a Partnership
(B) Primary activity (e) Legal domicile (state or foreign country} (D) Direct controlling entity (E) Predominant income (related, investment, unrelated) (F) Share of total income

(G)
Share of end-of-year assets

(H)

(I)

(J) General or managing partner?

DlsproportiOO<lte Code V-UBI aUocations? amount in box 20 of Schedule K-1 (Form 1065)

Yes

No

Yes

No

---_ .. --- - -_ .. --------- ..--- --_ .. --- .. -_____ ~ ___ •• _______ •• ____ •• ___ •• __ •••• __ ~ w

..

-_ .. --- --_ .... ----- -_ ...... --- -----_ .. --

.... .. -----

-_

---_ --- -- -- ...•. ----_ ....---..

._ ........ -_ .. ---_ .. --_ .... --- -- -- --_ .. -_ .. _...

------ --_ .. -------_ .. --_ .. --- --_ .. ---

.---- .•..---- --- ---_ .. ---_ .. -_ .. --_ .. --- .. _ Identification of Related Organizations Taxable as a Corporation
(A) Name, address, and EIN of related organiu.tion

or Trust
(0) Direct controlling entity

IB)
Primary activity

Ie)
Legal domicile (state or foreign country)

IE)
Type of entity (C corp, S corp, or trust)

IF)
Share of total income

(G) Share of end-ol-year assets

{H} Percentage ownership

-Resear.ctl-P-arkMgmt.-Corp..--2s..'\.625696.-----------------.

Real Estate Hotel Healthcare . Insurance . Condo Mgmt.

PA PA PA PA PA

Corp. for P.S. Ccorp Res Park Mgt Ccorp

(106024) (1174951) 518087 (11901) 0

1421880 30834705 3620068 19686322 0

100% 100% 100% 100% 100%

-ResearGh,.Park--Hote~'COFp_.--25-1-&1-lg.18-------------------· -Penn-Stale-Hershey..J.lealth-Sy-stem--26-1769611---------· -Nittany-lR5ur-aRGe-CempaRy-3§-~+18998-----------------PAReseaF6Il.par-k-TeGll.-Cenw--25-1723;a.1S-------------

Corp. for P .5. Ccorp Corp. for P.S. C corp Corp. for P.5. Ccorp

------ - ----- --~------ ---- --_ .•.-- ---- --- .. -- -~--.... --_ .. ---- ----- --_ .. --_ .
..

-_ .. ---------_ .... ----~-_ --- -_ .. ------_ ........ -_ .•..... ----- --- ---- ---_ .. ---_.
..

Schedule

R (Form 990) 2008

ii ••

SChedule R (Form 990) 2008

Page

3

IDI!II

Transactions With Related Organizations

Note. Complete line 1 if any entity is listed in Parts II, III, or IV. 1 During the tax year, did the organization engage in any of tile following transactions with one or more related organizations listed in Parts II-IV? a Receipt of (I) interest (lij annuities (III) royalties (Iv) rent from a controlled entity b Gift, grant, or capital contribution to other organization(s) . c Gift, grant, or capital contribution from other organization(s) d Loans or loan guarantees to or for other organization(s) e Loans or loan guarantees by other organization{s} f Sale of assets to other organization(s) 9 Purchase of assets from other organization{s) h Exchange of assets. . . . . . . . . Lease of facilities. equipment, or other assets to other organization(s} j k I m n Lease of facilities, equipment, or other assets from other organization(s) Performance of services or membership or fundraising solicitations for other organization(s) Performance of services or membership or fundraising solicitations by other organization(s) Sharing of facilities, equipment, mailing lists, or other assets Sharing of paid employees . . . . . • . . . .

./ ./ ./

o Reimbursement paid to other organization for expenses p Reimbursement paid by other organization for expenses q r

2

.
(AI
Name of other organizatlon(s)

-

IB)
Transaction type (a-r)

(e) Amount involved

The Milton S. Hershey Medical Center
(1)

d f, 9, k, m, n, r f, g, k, m, n, r d c

122863033 46958619 4158694 5150785 1208914 476222
Schedule R (Form 990) 2008

The Milton S. Hershey Medical Center
(2)

Ben Franklin Tech Ctr of Central and Northern PA
(3)

Penn State Hershey Health System
(4)

Nittany Insurance Company
(5)

The Corporation for Penn State
(6)

r, I

'

..

Schedule R (Form 990) 2008

Page

4

emEI

Unrelated Organizations Taxable as a Partnership

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.
(AI Name. address. and EIN of entity

I

(BI Primary activity

I

Ie) Legal domicile (state or foreign country)

(0) Are all partners section 501 (cl(3) organizations?

I

(E) Share of end-of-year assets

(F) Disproportionate

(G) Code V-UBI amount In box 20 of Schedule K-l (Form 1065)

(HI
General or managing partner'?

allocations?

Yes I No

Yes I No

Yes I No

Schedule

R (Fonn 990) 2008

SCHEDULE R-1 (Form 990)
Department of the Treasury Internal Revenue Service Name of filing organization

OMS No. 1545-0047

Continuation Sheet for Schedule R (Form 990)
~ Attach to Form 990 to list additional information for Schedule R (Form 990), Part I; Part II; Part III; Part IV; Part V, line 2; or Part VI. ~ See instructions for Schedule R (Form 990~_
Employer

~@09
Open to Public Inspection
Identification number

~

Continuation of Identification
la)

of Disregarded Entities
(b) Primary activity (c) Legal domicile (state or foreign country)

Id)
Total income

(e) End-of-year assets

Name. address, and EIN of disregarded entity

(f) Direct controlling entity

For Privacy Act and Paperwork

Reduction

Act Notice, see the Instructions

for Form 990.

Cat. No. 51055Z

Schedule R-1 (Form 990) 2009

II...

Schedule R-1 (Form 990) 2009

Page

2

rmm

Continuation of Identification of Related Tax-Exempt Organizations
(a) Name, address, and EIN of related organization (b) Primary activity

Ie)
Legal domicile (state or foreign country)

(d) Exempt Code section

Ie}
Public charity status Of section 501 (c)(3))

If}
Direct controlling entity

Schedule

R-1 (Form 990) 2009

ij, .:

~~~~_~

~3
Continuation of Identification of Related Organizations Taxable as a Partnership
(a) (b) Primary activity Ie) Legal domicile (state or foreign country)

ImDI

(d)
Diract controlling entity

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

(f) Share of total Income

(9)
Share of end-of-year assets

Name, address, and EIN of related organization

(h) (i) 0) Oisprnpottlonale Code V-UBI amount on General or albcations? box 20 of K-1 managing partner?

I

Yes I No

YeslNo

Schedule R-1 (Form 990) 2009

1\;,·

SChedule R-1 (Fonn 990) 2009

Page

4

_

Continuation of Identification of Related Organizations Taxable as a Corporation or Trust
(a) Name, address, and EIN of related organization

I

(b) Primary activity

I

(e) Legal domicile (state or foreign country)

(d) Direct controlling entity

(e) Type of entity (e corp, S corp, or trust)

(f) Share of total income

(g) Share of end-of-year assets

(h) Percentage ownership

Schedule R-1 (Form 990) 2009

ii

Schedule R-1 (Form 990) 20Q9

Page

5

_

Continuation

of Transactions

With Related

Organizations

(Schedule R (Form 990), Part V, line 2)
(b) Transaction type (a-r) (e) Amount involved

(a) Name of other organization

(7) Research Park Hotel Corp. (8) Research Park Mgmt. Corp. (9) Research Park Hotel Corp. (10) (11)

d d b

39915436
3098777

1981632

(12)
(13) (14)

(15)
(16)

(17)
(18) (19)

(20)
(21) (22)

(23)
(24) Schedule R-1 (Form 990) 2009

"il., .

Schedule

R-1 (Form 990) 2009

Page

6

mIlD

Continuation

of Unrelated

Organizations

Taxable as a Partnership
(b) Primary activity (e) Legal domicile (state or foreign country) (d) Are all partners section 501 (c)(3) organizations? (e) Share of end-or-year assets If) Disproportionate allocations?

(a) Name, address, and EIN of entity

(g)
Code V-UBI amount on box 20 of K-1

(h)
General or managing partner?

Yes

I

No

Yes I No

Yes I No

Schedule R-1 (Form 990) 2009

Section 2:
The salaries of all officers and directors of the State-related institution.

* No

member

of the Board of Trustees

received a salary for services rendered

as a Trustee.

Name
Graham Spanier Rodney Erickson Rod Kirsch Harold Paz Eva Pell Gary Schultz President of the University Executive VP & Provost Sr. VP - Development CEO - Hershey Medical Center Sr. VP - Research Sr. VP - Finance & Business

Salary
605,004 410,010 335,004 643,002 266,202 415,008

_.

Section 3:
The highest 25 salaries paid to employees of the institution that are not included under Section 2.
Employee Robert Harbaugh, John Myers, M.D. Alan Brechbill Jonas Sheehan, M.D. Peter Dillon, M.D. Kevin Black, M.D. Joseph Paterno Carlo de Luna, M.D. John Reid, M.D. Akash Agarwal, Kathleen M.D. M.D. M.D. M.D. Chair Department Executive Director Chair Department of Neurosurgery - MSHMC of Surgery Staff Physician - Pediatric Surgery Staff Physician - Neurosurgery Chair Orthopaedics/Rehabilitation Head Football Coach Staff Physician - Neurosurgery Staff Phvsician - Orthopaedics Staff Physician - Neurosurgery Chair Department Staff Physician· Chair Emergency Chair Department Chair Department M.D. Director of Radiology Orthopaedics Medicine of Anesthesiology Surgery of Ophthalmology Salary 685,834 582,402 582,035 575,028 558,294 541,299 540,942 532,521 516,952 507,529 485,709 464,191 464,024 462,069 452,875 450,025 447,113 445,023 437,212 432,313 Oncology 418,200 417.014 412,521 408,767 401,320

Eggli, M.D.

David Goodspeed, Thomas Terndrup, Berend Mets, M.B. Walter

Mario Gonzalez, M.D.

Staff Physician - Electrophysiology

Koltun, M.D. M.D. M.D.

Staff Physician - Colorectal

David Quillen, Kevin Cockroft,

Staff Physician - Neurosurgery Penn State Cancer Institute Chair Obstetrics/Gynecology Staff Physician - Radiation Staff Physician - Surgery Staff Physician - Urology Staff Physician - Neurosurgery Chair Department of Medicine

Thomas Loughran, John Repke, M.D. Henry Wagner,

M.D.

Walter Pae, M.D. Ross Deeter, M.D.

James Mcinerney, M.D.
Robert Aber, M.D.

Sponsor Documents

Or use your account on DocShare.tips

Hide

Forgot your password?

Or register your new account on DocShare.tips

Hide

Lost your password? Please enter your email address. You will receive a link to create a new password.

Back to log-in

Close