Schedule L
(Form 990)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
right arrow Complete if the organization answered "Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b.
right arrow Attach to Form 990 or Form 990-EZ.
right arrowGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
Name of the organization
ABILENE CHRISTIAN UNIVERSITY
 
Employer identification number

75-0851900
Part I
Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and section 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
1(a) Name of disqualified person (b) Relationship between disqualified person and organization (c) Description of transaction (d) Corrected?
Yes No
2
Enter the amount of tax incurred by the organization managers or disqualified persons during the year under section 4958. ........................... right arrow$
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ right arrow$
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22
(a) Name of interested person (b) Relationship with organization (c) Purpose of loan (d) Loan to or from the organization? (e) Original principal amount (f) Balance due (g) In default? (h) Approved by board or committee? (i) Written agreement?
To From Yes No Yes No Yes No
(1) JACK RICH ACIMCO OFFICER SPLITDOLLAR LIFE INS   X 717,660 777,979   No Yes   Yes  
(2) ROYCE MONEY CHANCELLOR SPLITDOLLAR LIFE INS   X 677,032 706,695   No Yes   Yes  
(3) LINDA BONNIN SVP OF MARKETING FORGIVABLE LOAN   X 125,000 31,250   No Yes   Yes  
Total ...............right arrow $ 1,515,924
Part III
Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of assistance (d) Type of assistance (e) Purpose of assistance
(1)  
  		  49,050 MERIT BASED SCHOLARSHIPS  
(2)  
  		  193,400 TUITION DISCOUNTS  
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990) 2022
Page 2
Schedule L (Form 990) 2022
Page 2
Part IV
Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues?
Yes No
(1) CARA LEE CRANFORD DAUGHTER OF GARY MCCALEB, FORMER VP 45,328 WAGES   No
(2) BRAD CRISP SON-IN-LAW OF ROYCE MONEY 188,155 WAGES   No
(3) MAKAYLA KERRIGAN DAUGHTER OF WENDY JONES 38,748 WAGES   No
(4) AARON ROBISON SON OF DOUG ROBISON 101,873 WAGES   No
(5) TIM DOTY SON IN LAW OF DOUG ROBISON 14,842 WAGES   No
(6) SAMUEL ONSTEAD SON OF CHARLES ONSTEAD 5,859 WAGES   No
(7) TERA HARMON DAUGHTER-IN-LAW OF BELINDA HARMON 24,269 WAGES   No
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
Schedule L (Form 990) 2022


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