Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $23,814

• 3 · Investment income

  total $1,763 · excluded $1,763

• 7a · Gross sales of assets other than inventory

  securities $416,148

• 7b · Less cost or other basis and sales expenses

  securities $304,984

• 7c · Gain or loss

  securities $111,164

• 7d · Net gain or loss

  total $111,164 · excluded $111,164

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $216,154 · program services $216,154

• 11c · Fees: accounting

  total $1,500 · management and general $1,500

• 19 · Conferences, conventions and meetings

  total $2,618 · program services $2,618

• 24a · Other expenses: OH ANNUAL FILING FEE

  total $200 · management and general $200

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $116,194 · end of year $51,399

• 2 · Savings and temporary cash investments

  beginning of year $0 · end of year $99,819

• 4 · Accounts receivable

  beginning of year $726 · end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $1,587,226 · end of year $536,283

• 12 · Investments: other securities

  beginning of year $1,230,764 · end of year $1,979,506

• 17 · Accounts payable and accrued expenses

  beginning of year $0 · end of year $1,500

• 27 · Net assets without donor restrictions

  beginning of year $2,842,560 · end of year $2,573,157

• 28 · Net assets with donor restrictions

  beginning of year $92,350 · end of year $92,350

The filer's explanations (Part III)

PART I, LINE 4B

SUPPLEMENTAL NONQUALIFIED DEFERRED COMPENSATION PLAN - DENISON UNIVERSITY, A RELATED ORGANIZATION, OFFERS A SECTION 457(B) PLAN TO CERTAIN HIGHLY PAID EMPLOYEES. THIS PLAN ALLOWS A PARTICIPANT TO DEFER A PORTION OF THEIR COMPENSATION INTO THE PLAN. NONQUALIFIED DEFERRED COMPENSATION PLAN - DENISON UNIVERSITY'S PRESIDENT PARTICIPATES IN THE DENISON UNIVERSITY SUPPLEMENTAL RETIREMENT PLAN, WHICH WAS EFFECTIVE JULY 1, 2018 AND UPDATED JULY 1, 2022. THE PURPOSE OF THE PLAN IS TO PROVIDE DEFERRED COMPENSATION BENEFITS IF THE PRESIDENT MEETS CERTAIN PERFORMANCE GOALS SPECIFIED AND EVALUATED BY THE BOARD OF TRUSTEES WHO ARE INDEPENDENT OF HIM. THE NONVESTED AMOUNT ASSOCIATED WITH CALENDAR YEAR 2022 HAS BEEN ESTIMATED TO BE $275,000 AND IS INCLUDED IN COLUMN C OF PART II OF SCHEDULE J, AS REQUIRED BY THE INSTRUCTIONS FOR FORM 990 AND SCHEDULE J. THE PRESIDENT IS NOT VESTED IN THIS AMOUNT AND MAY NEVER RECEIVE THIS BENEFIT. FULL VESTING IN THE DEFERRED COMPENSATION PLAN WILL NOT OCCUR UNTIL JUNE 30, 2025. PARTIAL VESTING MAY OCCUR UPON THE OCCURRENCE OF CERTAIN EVENTS INCLUDING DISABILITY AND INVOLUNTARY TERMINATION OTHER THAN FOR CAUSE.

PART I, LINE 3 - METHODS OF ESTABLISHING COMPENSATION:

DENISON UNIVERSITY, THE SUPPORTED ORGANIZATION, UTILIZES THE FOLLOWING IN DETERMINING THE COMPENSATION OF ITS PRESIDENT: COMPENSATION COMMITTEE, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.