Meinders School of Business Oklahoma City University

Meinders School of Business Oklahoma City University Nonprofit Profile Contact Information Nonprofit Address Meinders School of Business Oklahoma City University 2501 N. Blackwelder Avenue Oklahoma City, OK 73106 1493 Oklahoma County Phone (405) 208-5458 Fax 405 208-5098 Website www.okcu.edu/business Contact Name Steven Agee Contact Email sagee@okcu.edu Alternate Phone 405 208-5488 At a Glance Organization's type of tax exempt status Organization Does Business As (DBA) Public Supported Charity Meinders School of Business 1

Former Names Supporting Organization Epworth University Oklahoma Methodist University Oklahoma City College Meinders School of Business Year Founded 1946 IRS Ruling Year 1959 Registered with the Secretary of State? Exempt State Registration Expiration Jan 2050 Other ways to donate support, or volunteer Mail checks to: Meinders School of Business, 2501 N. Blackwelder, Oklahoma City, OK, 73106 Statements Mission The Meinders School of Business prepares graduate and undergraduate students to be socially responsible leaders in a global economy through teaching excellence and faculty scholarship in business practice and the disciplines. Faculty and students engage with the business community, local government, and regulatory agencies as part of the teaching-learning process. Oklahoma City University embraces the United Methodist tradition of scholarship and service and welcomes all faiths in a culturally rich community dedicated to student success. Men and women pursue academic excellence through a rigorous curriculum focused on students' intellectual, moral, and spiritual development to prepare them to become effective leaders in service to their communities. 2

Background The Meinders School of Business -The school of business at Oklahoma City University was established in 1946, although a Bachelor of Science in Business (BSB) degree was first offered in 1939-40. Reflecting the university s move to fewer required general education hours, allowing additional hours in the business core and majors, the BSB was changed to the Bachelor of Business Administration (BBA) in 2010-11. The Master of Business Administration (MBA) began in 1962-63; the Master of Science in Accounting (MSA) commenced in 1976-77; and the Master of Science in Energy Management began in January 2012. In 2002, Herman Meinders executed an agreement with the University to provide all of the funding necessary to acquire the land and construct a new 80,000 square foot building for the school of business. In recognition of this donation, it was agreed that the project would be named the Meinders School of Business. The school of business is comprised of four academic departments: Department of Management and Marketing; Department of Economics and Finance; Department of Accounting; and Department of Technology and Software Engineering. The school of business houses the Student Success Center, the Steven C. Agee Economic Research & Policy Institute (ERPI) and the Love s Entrepreneurship Center. The Student Success Center provides undergraduate and graduate students with advisory services related to classes, schedules, tracking of student outcomes, and counseling of financial services in conjunction with the University s Director of Student Financial Services. The Economic Research & Policy Institute has, as its Executive Director and Associate Director, Ph.D. economists who engage and employ undergraduate and graduate students in conducting economic impact studies, forecasting, modeling, and providing consulting services for businesses, local and state governments, and the Oklahoma Corporation Commission, consistent with the school s mission. The Love s Entrepreneurship Center supports student learning opportunities and activities related to entrepreneurship and creativity such as student team competition in the annual Donald W. Reynolds Governor s Cup and the Love s Center Entrepreneurship Day, where prominent and successful entrepreneurs come to campus to make presentations about their careers. The school of business has both an Executive Advisory Board and a Student Advisory Board. The Executive Advisory Board consists of approximately fifty community and business leaders in the metropolitan area and the Student Advisory Board consists of both undergraduate and graduate students from the school of business. Both boards provide the Dean with input, suggestions and advice on a wide array of subjects involving the mission of the school, its strategic plan and tactical actions, assistance on attracting new students, retaining existing students, establishing internships, and funding of business school programs and activities. Both boards meet twice a semester and discuss issues relevant to their interests and to the school of business. These boards are important stakeholders and are highly involved in the effort by the school to build continuous improvement. Impact The Meinders School of Business received worldwide recognition in 2014 by being accredited by the AACSB, International (Association to Accredit Collegiate Schools of Business). Out of nearly 16,000 business schools worldwide, only 716 have been accredited by AACSB, placing the Meinders School of Business in the top 4.5% of all business schools globally. In 2015, U.S. News & World Report ranked the Meinders School of Business at OCU as one of the best online graduate business programs in the United States. Needs Undergraduate and graduate student scholarships is the principal need for the Meinders School of Business. Endowed faculty chairs is also a principal need. Contributions to the Dean's Excellence Fund provides the Dean with flexibility in funding student scholarships, faculty research, and attendance at conference proceedings. Area Served Area Served 3

Geographic Area Served Oklahoma City Oklahoma - Statewide National International Our students are from a diverse background. We have many Oklahomans but also attract students from around the United States and multiple different countries. Service Categories Primary Organizational Category Secondary Organizational Category Education/Universities Education/Graduate & Professional Schools Programs Undergraduate Programs Description Category Business students from around the world come to the Meinders School of Business with a common goal: to become exceptional leaders in business. The Meinders School of Business is accredited by the Association to Advance Collegiate Schools of Business (AACSB International) and ranks in the top 5% of business schools in the world. Students in the Meinders School of Business receive a higher level of learning and engagement inside the classroom, offering a unique environment built around the success of each individual. The Meinders School of Business offers the following Undergraduate Programs: Bachelor of Business Administration (BBA) in Business Administration, Accounting, Economics, Finance and Marketing as well as a Bachelor of Science (BS) in Software Engineering. Education, General/Other Postsecondary Education Strategy Population Served Adults Program Short-term Success Program Success Monitoring Examples of Program Success 4

Graduate Programs Description Category As a graduate student at the Meinders School of Business, students learn from a faculty that is highly regarded for their scholarship, and innovative and dedicated teaching. Because we understand the value of networking and making connections as a part of your graduate studies, we provide opportunities for students to advance their careers through connections with faculty, alumni and leaders in the community. The Meinders School of Business graduate programs are designed to enable working professionals to meet the demands of their career and other commitments while earning a highly-respected degree in one of these five graduate degree programs: Master of Business Administration (MBA) Master of Science in Accounting (MSA) Master of Science in Computer Science (MSCS) Master of Science in Energy Management (MS) Master of Science in Energy Legal Studies (MS) Education, General/Other Postsecondary Education Strategy Population Served Adults Program Short-term Success Program Success Monitoring Examples of Program Success Disaster Programs Voluntary Organizations Active in Disaster (VOAD) Member No Staff & Management CEO/Executive Director Steven Agee Start Date Nov 2010 Email sagee@okcu.edu CEO/Executive Director Experience Steven C. Agee, Ph.D. is the Dean of the Meinders School of Business. Dr. Agee earned a B.B.A. from the University of Oklahoma in 1975, a Master's Degree in Economics from the University of Kansas in 1979, and a Ph.D. in Economics from the University of Kansas in 1982. Dr. Agee started XAE Corporation, a privately owned oil & natural gas exploration company in 1982, and served as its President and COO for twenty-four years. XAE sold to Canaan Resources in 2006. Dr. Agee joined the faculty of the Meinders School of Business in 2008, and became Dean on November 1, 2010. Dr. Agee also served six years on the Board of the Federal Reserve Bank of Kansas City, Oklahoma City Branch, with the last three years as Chairman of this Board. Dr. Agee has served on many philanthropic boards in Oklahoma including the Oklahoma City Philharmonic Society, Allied Arts, the Oklahoma City Community Foundation, and El Sistema Oklahoma. While running XAE Corporation, Dr. Agee also served on the Oklahoma Independent Petroleum Association Board and the Oklahoma Energy Resources Board; the latter for which he served three years as Chairman. Dr. Agee served on the Board of the Economic Club of Oklahoma as well as one year as its President. Senior Staff 5

Name Michael Williams Title Associate Dean for Academic Affairs and Accreditation Staff Information Number of Full-time Staff 35 Number of Part-time Staff 0 Number of Contract Staff 0 Number of Volunteers 75 Staff Retention Rate 94 % Are professional development opportunities provided? Does CEO/Executive Director have formal evaluations? Management Reports to Board? Staff Demographics - Gender Male 20 Female 15 Organizational Plans Fundraising Plan Communication Plan Strategic Plan Management Succession Plan Organization Policies and Procedures Under Development Under Development No Policies Nondiscrimination Policy Whistle Blower Policy Document Destruction Policy Directors and Officers Insurance Policy No External Assessments and Accreditations Assessment/Accreditation Higher Learning Commission of North Central Association of Colleges and Schools - 10 Year Accreditation Year 2011 Governance 6

Board Chair Dr. Andy Gin Company Affiliation St. Anthony's Hospital Term Oct 2011 to Oct 2015 Email aginmd@gmail.com Board of Directors List Current as of Feb 09, 2017 7

Name Affiliation Status Mr. James Bruce, Jr. American Bank Systems, Inc. Voting Ms. Joyce Burch Greater Oklahoma City Chamber of Commerce 8 Voting Ms. Martha Burger Retired from Chesapeake 2013 Voting Mr. Phillip Busey The Busey Group of Companies Voting Mr. Jim Couch City of Oklahoma City Voting Mr. Christopher Dickens UBS Financial Services, Inc. Voting Mr. Jerry Dunmire Boeing Company Voting Mr. James Farris James Farris Associates Voting Ms. Celine Ferguson Prosperity Bank Voting Mr. Paul Fleming BancFirst Corp. Voting Mr. Clyde Foster Boeing Company Voting Mr. Frank Franzese Mrs. Daniela Gencheva Dr. Andy Gin Doctor of Neurology Voting Mr. Jack Golsen LSB Industries Voting Mr. Barry Golsen Thermaclime, Inc./LSB Industries Voting Mr. Mo Grotjohn HCM Investments Voting Ms. Jane Haskin First Bethany Bank and Trust Voting Mr. Jason Hawkins OKC Energy Football Club (soccer) Voting Mr. Gray Holden Willis of Oklahoma, Inc. Voting Mr. Mark Kelly Oklahoma Employees Credit Union Voting Ms. Linda Kissler JPMorgan Chase Voting Mr. Greg Larson Access Midstream Voting Mr. Thomas Loy MetaFund Voting Mr. Alan Marcum Devon Energy Voting Dr. Herman Meinders HCM Investments Voting Mr. Wes Milbourn KFOR-TV/KAUT-TV Voting Mr. Mike Moradi Sensulin Voting Mr. Tim Munson Spartan Resources LLC Voting Ms. Janet Peery YWCA Voting Ms. Anastasia Pittman Oklahoma House of Representatives Voting Ms. Lisa Putt Community Volunteer Voting Ms. Kelly Sachs Commerce Bank Voting Ms. Shelley Sanders Wells Fargo Advisors, LLC Voting Mr. Stan Sewell The NASH Group Real Estate Voting Mr. John Shelton Harding and Shelton Voting Mr. Mike Stice Access Midstream Voting Mr. C. Renzi Stone Saxum Strategic Communications Voting Mr. Wayne Stone WDS Consulting, Inc. Voting Mr. Scott Stone Spartan Resources LLC Voting

Mr. Van Storm Joe D. Hall General Contractors, LLC Voting Mr. Jack Thompson Wells Nelson and Associates Voting Mr. Josh White Great-West Management Corp. Voting Mr. Mark Wood Ernst & Young Voting Mr. David Woods Giant Partners Voting Mr. Nick Wu Merrill Lynch Voting Board Demographics - Gender Male 38 Female 10 Governance Information Board Term Lengths Board Term Limits 3 years 3 terms Number of Full Board Meetings Annually 4 Board Meeting Attendance % 75 % Percentage of Board Making Monetary Contributions to the Organization Percentage of Board Making In-Kind Contributions to the Organization Board Orientation Constituency Includes Client Representation Written Board Selection Criteria? Written Conflict of Interest Policy? 76 % 0 % No Standing Committees Membership Comments on Board & Governance CEO/Executive Director/Board Comments We have a student advisory board as well which is made up of undergraduate and graduate OCU students from the Meinders School of Business. Financials Current Fiscal Year July 01, 2016-June 30,2017 Current Year Budgeted Total Income $4,761,559 Current Year Budgeted Total Expenses $4,753,578 9

Prior Three Years' Financial History Income and Expenses Total Revenue $86,841,573 $89,207,712 $68,393,759 Total Expenses $72,592,916 $77,760,672 $78,291,254 Revenue Less Expenses $14,248,657 $11,447,040 ($9,897,495) Income Sources Contributions -- -- -- Foundation and Corporation $11,801,752 $10,790,250 $8,690,211 Contributions Government Contributions $570,514 $967,717 $1,060,370 Federal -- -- -- State -- -- -- Local -- -- -- Unspecified $570,514 $967,717 $1,060,370 Individual Contributions $50,917,106 $53,048,748 $59,558,610 Indirect Public Support -- -- -- Earned Revenue $7,383,058 $8,195,769 $7,698,183 Investment Income, Net of Losses $13,791,540 $7,457,786 ($1,340,771) Unrealized Gain/Loss $174,665 $6,632,210 ($9,149,405) Membership Dues -- -- -- Special Events -- -- -- Revenue In-Kind -- -- -- Other $2,202,938 $2,115,232 $1,876,561 Expense Allocation Program Expense $64,446,231 $69,831,519 $70,994,343 Administration Expense $8,146,685 $7,929,153 $7,296,911 Fundraising Expense -- -- -- Payments to Affiliates -- -- -- Total Revenue/Total Expenses 1.20 1.15 0.87 Program Expense/Total Expenses 89% 90% 91% Fundraising Expense/Contributed Revenue 0% 0% 0% Assets and Liabilities Total Assets $287,465,330 $277,474,691 $273,509,565 Current Assets $7,748,218 $2,991,650 $2,060,280 Long-Term Liabilities $78,857,688 $80,750,451 $88,441,330 Current Liabilities $12,159,444 $14,524,699 $14,315,734 Total Net Assets $196,448,198 $182,199,541 $170,752,501 Short-term Solvency Current Ratio: Current Assets/Current Liabilities 0.64 0.21 0.14 Long-term Solvency 10

Long-Term Liabilities/Total Assets 27% 29% 32% Top Funding Sources Top Funding Source & Dollar Amount Individuals $50,917,106 Individuals $53,048,748 Individuals $59,558,610 Second Highest Funding Source & Dollar Amount Third Highest Funding Source & Dollar Amount Investments $13,791,540 Foundations & Corporations $11,801,752 Foundation & Corporation $10,790,250 Earned Revenue $8,195,769 Foundation & Corporation $8,690,211 Earned Revenue $7,698,183 Endowment and Other Financial Information Endowment? Endowment Value $454,558.00 Endowment Spending Policy Endowment Spending Policy Percentage (if selected) Credit line? Rreserve fund? Tax Credits? Percentage 5 % Capital Campaign Currently in a Capital Campaign? No Comments on Financials Foundation Staff Comments All prior year financial information is from the Oklahoma City University's audited financial statements. The current income and expense projections are from the Meinders School of Business 2016 budget, a small portion of Oklahoma City University's 2016 budget. Created 03.01.2018. Copyright 2018 Oklahoma City Community Foundation 11