2024-05-13T10:08:05-05:00 2023-06-30 581433845 FRAZIER & DEETER LLC 222 SECOND AVE SOUTH STE1840 NASHVILLE TN 37201 990 2022-07-01 061395640 RICHMOND THE AMERICAN INTERNATIONAL UNIVERSITY IN LONDON INC RICH 6154166840 CO FRAZIER DEETER 222 2ND AVE S NASHVILLE TN 37201 DR PHILIP DEANS PRESIDENT 2083328317 2024-05-10 1 DR PHILIP DEANS 999009999 0 DEBORAH L WILLETT CPA P00230541 6154166800 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR PHILIP DEANS BUILDING 12 CHISWICK PARK 566 CHISWICK HIGH ROAD RICHMOND, SURREY UK W4 5AN 18554013 0 X WWW.RICHMOND.AC.UK X 1972 DE TO EDUCATE AND INFORM FUTURE GENERATIONS BY PROVIDING THEM WITH THE KNOWLEDGE AND SUPPORT TO THINK CRITICALLY, THE FREEDOM TO CHALLENGE ASSUMPTIONS AND THE SKILLS TO WORK WITH OTHERS. 11 9 187 0 0 0 458432 628617 16956755 17875642 0 -1546507 67236 49754 17482423 17007506 3018786 3458923 0 0 11022416 9898788 0 0 0 16835785 18487414 30876987 31845125 -13394564 -14837619 11758317 12502799 32926833 48232567 -21168516 -35729768 THE UNIVERSITY'S MISSION IS TO EDUCATE AND INFORM FUTURE GENERATIONS BY PROVIDING THEM WITH THE KNOWLEDGE AND SUPPORT TO THINK CRITICALLY, THE FREEDOM TO CHALLENGE ASSUMPTIONS AND THE SKILLS TO WORK WITH OTHERS. 0 0 25020494 3458923 17923185 THE UNIVERSITY HAS TAUGHT 837 (FULL-TIME EQUIVALENT) STUDENTS AT THE UNDERGRADUATE AND POST GRADUATE LEVEL. THE TEACHING TOOK PLACE AT THE UNIVERSITY'S CAMPUSES IN LONDON & LEEDS (UK). 25020494 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 187 1 0 1 UK 0 0 0 0 0 0 0 0 0 0 X 11 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DE MA X DR PHILIP DEANS 2083328200 BUILDING 12 CHISWICK PARK 566 LONDON UK W4 5AN PROF PHILIP DEANS PRESIDENT & VICE CHANCELLOR 35.00 X X 323960 0 0 DR WILLIAM DURAN TRUSTEE 1.00 X 0 0 0 CAROLINE DELANEY TRUSTEE 1.00 X 0 0 0 MARGUERITE DENNIS TRUSTEE 1.00 X 0 0 0 JUDITH EATON TRUSTEE 1.00 X 0 0 0 AMARJEET HANS TRUSTEE 1.00 X 0 0 0 PROF FUTAO HUANG TRUSTEE 1.00 X 0 0 0 DR JANET ILIEVA TRUSTEE 1.00 X 0 0 0 IAN LERONI TRUSTEE 1.00 X 0 0 0 DR MICHAEL MESSNER TRUSTEE 1.00 X 0 0 0 ANA OLIVEIRA TRUSTEE 1.00 X 0 0 0 YING KAY DEPUTY VICE CHANCELLOR, FINANCE AND OPERATIONS 35.00 X 196077 0 0 PROFESSOR SABINE SPANGENBERG DEPUTY PROVOST FOR FACULTY 35.00 X 133840 0 0 DOMINIC ALESSIO VP OF INTERNATIONAL PROGRAMMES 35.00 X 125232 0 0 SUKHVINDA CHONK VP OF MARKETING, RECRUITMENT & COMMUNICATION 35.00 X 10188 0 0 DEAN MORLEY DIRECTOR OF HUMAN RESOURCES 35.00 X 167131 0 0 DR ALLISION COLE-STUTZ VP & PRO VICE CHANCELLOR STUDENT AFFAIRS 35.00 X 178733 0 0 STEPHANIE PARR REGISTRAR & DEPUTY PROVOST: ACADEMIC OPERATIONS 35.00 X 137523 0 0 1272684 0 0 7 0 1 0 AMBIT MOAT LIMITED 10 GORDON HOUSE GREENCOAT PLACE LONDON UK SW1P 1PH FACILITY DESIGN 2190764 SODEXO EDUCATION SERVICES PO BOX 245 310 BROADWAY SALFORD UK TW10 6JP FACILITIES/CATERING 986809 LEEDS BECKETT UNIVERSITY LEEDS CICI QUARTER LEEDS UK LS1 3HE RENTAL/CATERING 779463 CAIN MANAGEMENT LIMITED 7TH FLOOR COTTONS CENTRE COTTONS L LONDON UK SE1 2QG STUDENT ACCOMODATION 654340 IASA GLOBAL LTD 10 MERCURY QUAYS ASHLEY LANE SHIPLEY UK BD17 7BD RIASA COACHING FEES 601327 6 628617 628617 TUITION, ROOM & BOARD 611310 17875642 17875642 17875642 1546507 -1546507 -1546507 -1546507 OTHER INCOME 900099 47543 47543 EXCHANGE INCOME/LOSS 900099 2211 2211 49754 17007506 16329135 0 49754 1467815 1467815 1991108 1991108 7885572 6623380 1262192 593344 463995 129349 426979 28029 398950 992893 798286 194607 1173246 987236 186010 200723 74767 125956 65025 65025 642140 642140 2361366 1904680 456686 827457 63714 763743 3642526 3641567 959 114550 100804 13746 3479723 3479723 794526 794526 399300 376030 23270 SERVICE FEES 2338609 0 2338609 CATERING 1177468 1177468 0 TEACHING 731989 731989 0 STUDENT ACTIVITY COSTS 212393 212393 0 326373 255370 71003 31845125 25020494 6824631 0 2849946 3259714 3622500 3957919 728 735 11077382 5792951 5285143 5284431 11758317 12502799 1035720 1642886 1232280 5331438 22809780 29435990 7849053 11822253 32926833 48232567 X -23195785 -37730575 2027269 2000807 -21168516 -35729768 11758317 12502799 -14837619 276367 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9318470 141530 9460000 11327264 -2008794 9318470 10100225 1227039 11327264 11317592 -32759 1184608 10100225 13374303 247032 715537 1588206 11317592 0.00000 0.90000 0.10000 0 1 1 8447448 4003524 4443924 2479189 1638682 840507 150745 150745 0 5284431 FEES RECEIVED IN ADVANCE/OTHER LIABILITIES 8732153 UK TAX & SOCIAL SECURITY COSTS 303674 PENSION PROVISIONS 2786426 11822253 FORM 990, SCHEDULE D, PART V, LINE 4: THE PERMANENT ENDOWMENT PORTION OF THE FUNDS REMAINS INVESTED, WITH THE DIVIDEND INCOME TO BE PAID EACH YEAR TO THE UNIVERSITY TO BE USED FOR OPERATING EXPENSES. THIS IS CONSISTENT WITH THE PRIOR YEAR. 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 SEE PART II LINE 3 - EXPLANATION OF NONDISCRIMINATION POLICY: THE UNIVERSITY'S NONDISCRIMINATORY POLICY IS INCLUDED IN THE UNIVERSITY CATALOG, WEBSITE, MISSION STATEMENT, EMPLOYMENT AND FACULTY HANDBOOKS. RECOGNISING DIVERSITY IN OUR POPULATION AND IN WAYS OF THINKING, TEACHING AND CONSIDERING THE WORLD. RICHMOND IS COMMITTED TO LIVING BY THE MOTTO OF 'UNITY IN DIVERSITY' - WE ASPIRE TO UNDERSTAND, ACCEPT AND CELEBRATE WHAT MAKES US DIFFERENT FROM EACH OTHER. THE UNIVERSITY COMPLIES WITH THE LEGAL REQUIREMENT OF THE UK "EQUALITY ACT, 2010", UNDER WHICH IT IS AGAINST THE LAW TO DISCRIMINATE AGAINST ANYONE BECAUSE OF THEIR SEX, RELIGION, DISABILITY OR CERTAIN OTHER PERSONAL CHARACTERISTICS. 0 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 4 PROGRAM SERVICES HIGHER EDUCATION 22506223 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 4 MANAGEMENT & GEN EXPS HIGHER EDUCATION 7426485 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 4 GRANTS SCHOLARSHIPS/GRANTS 1991108 12 0 0 0 12 0 31923816 0 31923816 SCHOLARSHIPS/GRANTS SCHOLARSHIPS/GRANTS 580 1991108 N/A REDUCTION IN INVOICE 0 0 0 0 0 0 PART III ACCOUNTING METHOD: PART I, LINE 3: TUITION SCHOLARSHIPS ARE ONLY PROVIDED TO STUDENTS IF ATTENDANCE & ACADEMIC PERFORMANCE IS MAINTAINED. ACHIEVEMENT IS MONITORED BY REVIEWING GRADES, PROGRESSION, AND COMPLETION OF REGISTERED COURSES. THESE REQUIREMENTS ARE MONITORED BY THE ACADEMIC REGISTRY DEPARTMENT. GRANTS FOR ROOM AND BOARD ARE ALLOCATED ON THE BASIS OF FINANCIAL NEED. 1 SCHOLARSHIPS/GRANTS 128 1467815 PART I, LINE 2: TUITION SCHOLARSHIP GRANTS TO U.S. INDIVIDUALS ARE TRACKED BY INDIVIDUAL FOR THE ACADEMIC TERM AND SESSION. THE INDIVIDUAL GRANTS ARE LESS THAN $5,000 PER INDIVIDUAL. 1 X X X 1 0 0 0 0 0 0 0 0 PROF PHILIP DEANS PRESIDENT & VICE CHANCELLOR 323960 0 0 0 0 0 0 0 0 0 323960 0 0 0 YING KAY DEPUTY VICE CHANCELLOR, FINANCE AND 196077 0 0 0 0 0 0 0 0 0 196077 0 0 0 DR ALLISION COLE-STUTZ VP & PRO VICE CHANCELLOR STUDENT AFF 178733 0 0 0 0 0 0 0 0 0 178733 0 0 0 DEAN MORLEY DIRECTOR OF HUMAN RESOURCES 167131 0 0 0 0 0 0 0 0 0 167131 0 0 0 PART I, LINE 1A FORM 990, PART VII AND PART I, LINE 5: THE MANAGEMENT OF THE UNIVERSITY IS BASED IN THE U.K. AND THEREFORE DOES NOT REQUIRE FORMS W-2, 1099-MISC & 1099-NEC FOR THE EMPLOYEES LISTED ON FORM 990, PART VII. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED FROM THE ACCOUNTING RECORDS AS AUDITED BY PETERS ELSWORTHY & MOORE (STATUTORY AUDITORS) AND SENT FOR REVIEW BY FRAZIER & DEETER, LLC IN THE USA. REVISIONS ARE MADE AS NECESSARY. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES ARE AWARE OF THE CONFLICT OF INTEREST POLICY AND SIGN AN ANNUAL UPDATED COPY. THE CHAIRS OF THE TRUSTEE SUB-COMMITTEES MONITOR ANY POTENTIAL CONFLICTS AND, WHERE NECESSARY, REMIND MEMBERS TO DECLARE AN INTEREST, ABSTAIN FROM VOTING AND LEAVE MEETINGS WHEN NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, THE REMUNERATION COMMITTEE IS PROVIDED WITH RESEARCH AND ANALYSIS BY THE UNIVERSITY'S CHIEF OPERATIONAL OFFICER, WHO IS RESPONSIBLE FOR THE HUMAN RESOURCES FUNCTION, CONCERNING COMPARATIVE COMPENSATION FOR THE UNIVERSITY'S PRESIDENT. THE REMUNERATION COMMITTEE ALSO CONSIDERS THE COMPENSATION OF ALL STAFF WHOSE REMUNERATION EXCEEDS $129,500. THE REMUNERATION COMMITTEE WILL SUBMIT ITS RECOMMENDATIONS TO THE BOARD OF TRUSTEES. THE COMPENSATION DELIBERATIONS AND DECISIONS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 ACCOUNTS ARE FILED WITH THE RELEVANT AUTHORITIES IN THE UK AND ARE AVAILABLE FOR INSPECTION. THE RICHMOND FOUNDATION UNIT 12 CHISWICK PARK 566 CHISWIC LONDON UK W4 5AN EDUCATION SUPPORT UK FOREIGN BASED UK CHARITY N/A 0 RICHMOND COLLEGE SERVICES LTD UNIT 12 CHISWICK PARK 566 CHISWIC LONDON UK W4 5AN EDUCATION SUPPORT UK N/A C 0 1 0 1 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0 0 THE RICHMOND FOUNDATION C 376773 AGREED DONATION PART II: DONATIONS OF $376,773 FROM THE RICHMOND FOUNDATION TO THE UNIVERSITY WERE DECIDED UPON AT A FOUNDATION TRUSTEES MEETING. THE PRIME PURPOSE OF THE RICHMOND FOUNDATION IS TO PROVIDE SUPPORT TO RICHMOND, THE AMERICAN INTERNATIONAL UNIVERSITY IN LONDON INC. RICHMOND COLLEGE SERVICES LTD HAS TWO SHARES IN ISSUE. ONE IS OWNED BY THE RICHMOND FOUNDATION AND THE OTHER IS HELD BY THE PRESIDENT OF THE UNIVERSITY AS A NOMINEE SHAREHOLDER. ANY PROFITS MADE BY RICHMOND COLLEGE SERVICES LIMITED ARE DONATED TO THE RICHMOND FOUNDATION. AS THE RICHMOND FOUNDATION IS A UK REGISTERED CHARITY, THIS EXEMPTS RICHMOND COLLEGE SERVICES LTD FROM PAYING UK CORPORATION TAX. ANY PROFITS DONATED BY RICHMOND COLLEGE SERVICES LIMITED TO THE RICHMOND FOUNDATION ARE IN TURN DONATED TO THE UNIVERSITY. ALL ELEVEN VOTING MEMBERS/TRUSTEES OF RICHMOND, THE AMERICAN INTERNATIONAL UNIVERSITY IN LONDON INC. ARE ALSO TRUSTEES OF THE RICHMOND FOUNDATION.