TY 2020 Form 990 Schedule O

efile Public Visual Render ObjectId: 202211319349302901 - Submission: 2022-05-11 TIN: 04-2103701

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
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Attach to Form 990 or 990-EZ.
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Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2020

Open to Public
Inspection

Name of the organization

AMERICAN INTERNATIONAL COLLEGE

Employer identification number

04-2103701

Return Reference	Explanation
FORM 990, PART VI, SECTION B, LINE 11B	THE COLLEGE'S FORM 990 WAS REVIEWED BY THE TRUSTEE AUDIT COMMITTEE AND WAS SUBSEQUENTLY PROVIDED ELECTRONICALLY TO THE ENTIRE BOARD OF TRUSTEES. THE FORM 990 WAS FILED WITH THE INTERNAL REVENUE SERVICE FOLLOWING SUCH REVIEW.
FORM 990, PART VI, SECTION B, LINE 12C	THE CONFLICT OF INTEREST POLICY IS APPLICABLE TO ALL COLLEGE EMPLOYEES AND TRUSTEES AND IS POSTED ON THE COLLEGE'S INTRANET SITE FOR ALL EMPLOYEES AND TRUSTEES TO REVIEW. EACH TRUSTEE AND SENIOR ADMINISTRATIVE OFFICER EXECUTES A DECLARATION CONCERNING ANY CONFLICT OF INTEREST. THESE DECLARATIONS ARE FORWARDED TO THE CHAIRMAN OF THE AUDIT COMMITTEE.
FORM 990, PART VI, SECTION B, LINE 15	THE COMPENSATION COMMITTEE OF THE TRUSTEE EXECUTIVE COMMITTEE OF THE COLLEGE, (WHICH INCLUDES THE CHAIRMAN OF THE BOARD), CONDUCTS AN ANNUAL PERFORMANCE REVIEW AND EVALUATION OF SENIOR MANAGEMENT. THE COMMITTEE REVIEWS COMPENSATION DATA AT COMPARABLE INSTITUTIONS FOR ITS KEY EMPLOYEES AS PART OF THE PROCESS FOR DETERMINING COMPENSATION. MINUTES REGARDING DISCUSSION/DELIBERATIONS ARE MAINTAINED. THE LATEST COMPENSATION REVIEW WAS UNDERTAKEN IN THE LATTER PART OF FISCAL YEAR 2021.
FORM 990, PART VI, SECTION C, LINE 19	THE COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
FORM 990, PART XI, LINE 9:	CHANGE IN PENSION VALUATION 1,439,183. CHANGE IN SPLIT INTEREST AGREEMENTS 203,809.
PART XII, LINE 2C	THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:	THE MISSION OF AMERICAN INTERNATIONAL COLLEGE IS TO PREPARE STUDENTS FOR PERSONAL FULFILLMENT, PROFESSIONAL ACHIEVEMENT, AND CIVIC ENGAGEMENT THROUGH EDUCATIONAL EXPERIENCES THAT TRANSFORM LIVES. ACADEMIC PROGRAMS FOUNDED ON THE KNOWLEDGE,SKILLS, AND VALUES OF THE LIBERAL ARTS ENGAGE STUDENTS IN THEORY AND EMPHASIZE APPLIED LEARNING, WHILE PREPARING THEM FOR THE CHALLENGES AND OPPORTUNITIES PRESENTED IN THE GLOBAL ENVIRONMENT. COMMITTED TO THE INTRINSIC WORTH OF EACH INDIVIDUAL, AIC PREPARES STUDENTS FOR LIFE!

Return Reference

Explanation

FORM 990, PART VI, SECTION B, LINE 11B

THE COLLEGE'S FORM 990 WAS REVIEWED BY THE TRUSTEE AUDIT COMMITTEE AND WAS SUBSEQUENTLY PROVIDED ELECTRONICALLY TO THE ENTIRE BOARD OF TRUSTEES. THE FORM 990 WAS FILED WITH THE INTERNAL REVENUE SERVICE FOLLOWING SUCH REVIEW.

FORM 990, PART VI, SECTION B, LINE 12C

THE CONFLICT OF INTEREST POLICY IS APPLICABLE TO ALL COLLEGE EMPLOYEES AND TRUSTEES AND IS POSTED ON THE COLLEGE'S INTRANET SITE FOR ALL EMPLOYEES AND TRUSTEES TO REVIEW. EACH TRUSTEE AND SENIOR ADMINISTRATIVE OFFICER EXECUTES A DECLARATION CONCERNING ANY CONFLICT OF INTEREST. THESE DECLARATIONS ARE FORWARDED TO THE CHAIRMAN OF THE AUDIT COMMITTEE.

FORM 990, PART VI, SECTION B, LINE 15

THE COMPENSATION COMMITTEE OF THE TRUSTEE EXECUTIVE COMMITTEE OF THE COLLEGE, (WHICH INCLUDES THE CHAIRMAN OF THE BOARD), CONDUCTS AN ANNUAL PERFORMANCE REVIEW AND EVALUATION OF SENIOR MANAGEMENT. THE COMMITTEE REVIEWS COMPENSATION DATA AT COMPARABLE INSTITUTIONS FOR ITS KEY EMPLOYEES AS PART OF THE PROCESS FOR DETERMINING COMPENSATION. MINUTES REGARDING DISCUSSION/DELIBERATIONS ARE MAINTAINED. THE LATEST COMPENSATION REVIEW WAS UNDERTAKEN IN THE LATTER PART OF FISCAL YEAR 2021.

FORM 990, PART VI, SECTION C, LINE 19

THE COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.

FORM 990, PART XI, LINE 9:

CHANGE IN PENSION VALUATION 1,439,183. CHANGE IN SPLIT INTEREST AGREEMENTS 203,809.

PART XII, LINE 2C

THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

THE MISSION OF AMERICAN INTERNATIONAL COLLEGE IS TO PREPARE STUDENTS FOR PERSONAL FULFILLMENT, PROFESSIONAL ACHIEVEMENT, AND CIVIC ENGAGEMENT THROUGH EDUCATIONAL EXPERIENCES THAT TRANSFORM LIVES. ACADEMIC PROGRAMS FOUNDED ON THE KNOWLEDGE,SKILLS, AND VALUES OF THE LIBERAL ARTS ENGAGE STUDENTS IN THEORY AND EMPHASIZE APPLIED LEARNING, WHILE PREPARING THEM FOR THE CHALLENGES AND OPPORTUNITIES PRESENTED IN THE GLOBAL ENVIRONMENT. COMMITTED TO THE INTRINSIC WORTH OF EACH INDIVIDUAL, AIC PREPARES STUDENTS FOR LIFE!

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2020

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