Instrumentl eFile Render
Object ID: 202211369349301116 - Rendered 2024-05-05
TIN: 72-0423889
Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
Attach to Form 990.
Go to
www.irs.gov/Form990
for instructions and the latest information.
OMB No. 1545-0047
20
20
Open to Public Inspection
Name of the organization
THE ADMINISTRATORS OF THE TULANE EDUCATIONAL FUND
Employer identification number
72-0423889
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
First-class or charter travel
Housing allowance or residence for personal use
Travel for companions
Payments for business use of personal residence
Tax idemnification and gross-up payments
Health or social club dues or initiation fees
Discretionary spending account
Personal services (e.g., maid, chauffeur, chef)
b
If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain
.....
1b
Yes
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a?
....
2
Yes
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
Compensation committee
Written employment contract
Independent compensation consultant
Compensation survey or study
Form 990 of other organizations
Approval by the board or compensation committee
4
During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment?
.............
4a
No
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan?
.........
4b
No
c
Participate in, or receive payment from, an equity-based compensation arrangement?
.........
4c
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization?
....................
5a
Yes
b
Any related organization?
.......................
5b
No
If "Yes," on line 5a or 5b, describe in Part III.
6
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization?
..................
6a
No
b
Any related organization?
......................
6b
No
If "Yes," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III
............
7
Yes
8
Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III
..........................
8
No
9
If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)?
.........................
9
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2020
Schedule J (Form 990) 2020
Page
2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees.
Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note.
The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A)
Name and Title
(B)
Breakdown of W-2 and/or 1099-MISC compensation
(C)
Retirement and other deferred compensation
(D)
Nontaxable
benefits
(E)
Total of columns
(B)(i)-(D)
(F)
Compensation in column (B) reported as deferred on prior Form 990
(i)
Base
compensation
(ii)
Bonus & incentive
compensation
(iii)
Other
reportable compensation
1
William Fritz
Head Football Coach
(i)
(ii)
455,000
-------------
0
150,000
-------------
0
1,511,000
-------------
0
28,000
-------------
0
23,000
-------------
0
2,167,000
-------------
0
0
-------------
0
2
Mr Michael A Fitts
President
(i)
(ii)
1,178,000
-------------
0
0
-------------
0
198,000
-------------
0
229,000
-------------
0
17,000
-------------
0
1,622,000
-------------
0
0
-------------
0
3
Jeremy Crigler
Chief Investment Officer
(i)
(ii)
451,000
-------------
0
746,000
-------------
0
37,000
-------------
0
28,000
-------------
0
17,000
-------------
0
1,279,000
-------------
0
251,000
-------------
0
4
Dr John W Thompson Jr
Chair and Professor of Psychiatry and Behavioral Sciences
(i)
(ii)
284,000
-------------
0
992,000
-------------
0
53,000
-------------
0
28,000
-------------
0
23,000
-------------
0
1,380,000
-------------
0
0
-------------
0
5
Mr Patrick J Norton
COO and Treasurer of the University
(i)
(ii)
631,000
-------------
0
0
-------------
0
51,000
-------------
0
28,000
-------------
0
21,000
-------------
0
731,000
-------------
0
0
-------------
0
6
Dr Aaron Dumont
Professor and Chairman Neurosurgery
(i)
(ii)
225,000
-------------
0
821,000
-------------
0
48,000
-------------
0
28,000
-------------
0
26,000
-------------
0
1,148,000
-------------
0
0
-------------
0
7
Michael Dunleavy
Former Head Basketball Coach
(i)
(ii)
0
-------------
0
0
-------------
0
1,005,000
-------------
0
0
-------------
0
0
-------------
0
1,005,000
-------------
0
0
-------------
0
8
Dr Felix Savioie
Chairman, Shoulder and Elbow, Sports Medicine
(i)
(ii)
193,000
-------------
0
698,000
-------------
0
52,000
-------------
0
25,000
-------------
0
17,000
-------------
0
985,000
-------------
0
0
-------------
0
9
Dr Lee Hamm
Senior VP and Dean of Medicine
(i)
(ii)
709,000
-------------
0
0
-------------
0
51,000
-------------
0
28,000
-------------
0
19,000
-------------
0
807,000
-------------
0
0
-------------
0
10
Robin Forman
Senior VP for Academic Affairs and Provost
(i)
(ii)
637,000
-------------
0
0
-------------
0
28,000
-------------
0
28,000
-------------
0
24,000
-------------
0
717,000
-------------
0
0
-------------
0
11
Satyajit Dattagupta
Vice President for Enrollment Management
(i)
(ii)
473,000
-------------
0
35,000
-------------
0
6,000
-------------
0
21,000
-------------
0
23,000
-------------
0
558,000
-------------
0
0
-------------
0
12
Virginia Wise
Senior VP for Advancement
(i)
(ii)
487,000
-------------
0
0
-------------
0
19,000
-------------
0
28,000
-------------
0
24,000
-------------
0
558,000
-------------
0
0
-------------
0
13
Victoria Johnson
General Counsel
(i)
(ii)
486,000
-------------
0
0
-------------
0
32,000
-------------
0
28,000
-------------
0
12,000
-------------
0
558,000
-------------
0
0
-------------
0
14
Richard Matasar
Senior VP for Strategic Initiatives and Institutional Effectiveness
(i)
(ii)
424,000
-------------
0
0
-------------
0
50,000
-------------
0
28,000
-------------
0
8,000
-------------
0
510,000
-------------
0
0
-------------
0
15
Ms Elizabeth C Brown
Secretary of the University
(i)
(ii)
349,000
-------------
0
0
-------------
0
73,000
-------------
0
3,000
-------------
0
50,000
-------------
0
475,000
-------------
0
0
-------------
0
16
Dr Shantay Bolton
Deputy Chief Operating Officer
(i)
(ii)
294,000
-------------
0
50,000
-------------
0
45,000
-------------
0
0
-------------
0
25,000
-------------
0
414,000
-------------
0
0
-------------
0
17
James Wandling
University Controller
(i)
(ii)
176,000
-------------
0
0
-------------
0
10,000
-------------
0
19,000
-------------
0
9,000
-------------
0
214,000
-------------
0
0
-------------
0
Schedule J (Form 990) 2020
Schedule J (Form 990) 2020
Page
3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
Return Reference
Explanation
Schedule J, Part I, Line 1a
The Board approved the President's first class travel via Board Resolution in order to assure security and availability. The football coach received Athletic Club's member in the amount of $ 1,578.
Schedule J, Part I, Line 3
The President and the Compensation and Personnel Committee of the Board of Trustees perform annual evaluations of senior officers and other top management officials, and the Compensation and Personnel Committee conducts an evaluation of the President. The listed positions in this evaluation process are the Senior VP for Advancement, the Senior VP and Chief Operating Officer, the Senior VP for Strategic Initiatives and Institutional Effectiveness, the Senior VP for Academic Affairs and Provost, the Senior VP and Dean of Medicine, the Chief Investment Officer, the General Counsel, the Vice President, Secretary of the University and Chief of Staff, the Vice President and Deputy Chief Operating Officer and the Vice President for Enrollment Management and Dean of Admissions. With respect to the senior officers, the President meets with each senior officer mid-year and end of year. They discuss the officers' duties and responsibilities, goals/objectives, results achieved and overall performance. The President presents his evaluation of each senior officer to the Compensation and Personnel Committee. The Committee evaluates the senior officers credentials/qualifications, job performance, duties/responsibilities and contribution to the university. The Committee also assesses the appropriateness of the compensation and reviews independent data as outlined in the university policy covering this process. This data may include (i) compensation paid for comparable positions by similarly situated nonprofit and for profit entities, (ii) availability of individuals possessing similar expertise or specialties in the geographic area, (iii) independent compensation surveys by nationally recognized independent firms; and (iv) written offers that the individual may have received from other institutions competing for his or her services. For the University Controller, initial compensation is determined by the Office of Human Resources using independent market studies and other factors similar to those employed by the Compensation and Personnel Committee. On an annual basis their performance is reviewed by their immediate supervisor and any compensation increase is awarded based on merit and performance.
Schedule J, Part I, Line 5
The Physicians listed on Schedule J are part of the Tulane University Medical Group Faculty Practice Plan which has a fixed formula for incentive compensation based entirely on clinical revenues. The Chief Investment Officer has a compensation plan based on endowment investment return.
Schedule J, Part I, Line 7
Several of the Senior Officers listed on Schedule J received non-fixed payments based on merit and performance during the year.
Schedule J (Form 990) 2020
Additional Data
Software ID:
20012124
Software Version:
v1.00