2024-05-15T11:17:54-05:00 2023-06-30 135565207 KPMG LLP 500 W 5TH STREET STE 800 WINSTONSALEM NC 27101 990 2022-07-01 475652592 GLOBAL OU INC GLOB 4053255161 660 PARRINGTON OVAL ROOM 204 NORMAN OK 73019 ANDRE-DENIS WRIGHT PRESIDENT 4053255161 2024-05-13 1 ANDRE-DENIS WRIGHT 999009999 0 SHAWN M HUTCHINSON P01048557 3362753394 2024-05-11 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ANDRE-DENIS WRIGHT 660 PARRINGTON OVAL SUITE NORMAN OK 73019 15315 0 X N/A X 2015 OK TO SUPPORT THE ACTIVITIES, AFFAIRS, & PROGRAMS OF THE UNIVERSITY OF THE UNIVERSITY OF OKLAHOMA. 6 2 0 2 0 0 0 0 25940 15315 0 0 0 0 25940 15315 0 0 0 0 0 0 0 0 0 25940 15315 25940 15315 0 0 3808200 3808200 150000 150000 3658200 3658200 TO SUPPORT THE ACTIVITIES, AFFAIRS, & PROGRAMS OF THE UNIVERSITY OF THE UNIVERSITY OF OKLAHOMA. 0 0 15315 TO HELP SUPPORT THE UNIVERSITY'S EDUCATIONAL PROGRAM IN ITALY. 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 0 0 0 1 IT 0 0 0 0 0 0 0 0 0 0 X 6 2 0 0 0 0 1 1 1 1 0 1 0 1 1 1 1 1 1 1 0 0 OK X FINANCIAL SERVICES 4053255161 660 PARRINGTON OVAL RM 104 NORMAN OK 73019 ANDRE-DENIS WRIGHT DIRECTOR/PRESIDENT 1.00 39.00 X X 0 445322 41707 GUY PATTON DIRECTOR/VICE PRESIDENT 1.00 X X 0 0 0 REBECCA CRUISE DIRECTOR/SECRETARY 1.00 39.00 X X 0 170367 14673 MATT BROCKWELL DIRECTOR/TREASURER 1.00 39.00 X X 0 435796 26411 DAVID SURRATT DIRECTOR 1.00 39.00 X 0 275588 51627 AMY NOAH DIRECTOR 1.00 X 0 0 0 0 1327073 134418 0 0 1 0 0 EDU. PUBLIC SUPPORT 611710 15315 15315 15315 15315 15315 0 0 1290 1290 14000 14000 BANK FEES 25 25 15315 0 15315 0 124120 149975 25880 25 3658200 3658200 3808200 3808200 150000 150000 150000 150000 X 3658200 3658200 3658200 3658200 3808200 3808200 0 0 X 0 0 0 X X 1 UNIVERSITY OF OKLAHOMA 731377584 5 0 15315 0 1 15315 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 INVESTMENT IN SUBSIDIARIES 3658200 F 3658200 UNIVERSITY OF OKLAHOMA (LOAN) 150000 150000 ITALY 0 0 INVESTMENTS 3658200 0 0 0 0 0 0 3658200 0 3658200 0 0 1 0 0 0 PART III ACCOUNTING METHOD: SCHEDULE F, PART I, LINE 3: GLOBAL OU CONTINUED TO HOLD AN INVESTMENT IN SANTA CHIARA SRL, A CONTROLLED FOREIGN CORPORATION, WHICH OWNS AND OPERATES A MONASTERY USED AS CLASSROOMS AND STUDENT HOUSING FOR THE UNIVERSITY OF OKLAHOMA'S INTERNATIONAL EDUCATION PROGRAM IN ITALY. 0 0 0 0 0 0 0 0 0 ANDRE-DENIS WRIGHT DIRECTOR/PRESIDENT 0 441720 0 0 0 3602 0 31752 0 9955 0 487029 0 0 MATT BROCKWELL DIRECTOR/TREASURER 0 431064 0 0 0 4732 0 26100 0 311 0 462207 0 0 DAVID SURRATT DIRECTOR 0 274245 0 0 0 1343 0 46747 0 4880 0 327215 0 0 REBECCA CRUISE DIRECTOR/SECRETARY 0 110133 0 60088 0 146 0 10305 0 4368 0 185040 0 0 SCHEDULE J, PART 1, LINE 3: THE PRESIDENT OF GLOBAL OU INC. IS AN EMPLOYEE OF THE UNIVERSITY OF OKLAHOMA. GLOBAL OU INC. RELIES UPON THE UNIVERSITY OF OKLAHOMA TO ESTABLISH COMPARABLE COMPENSATION FOR ITS TOP MANAGEMENT OFFICIALS. MR. WRIGHT'S COMPENSATION IS REVIEWED AND APPROVED BY THE UNIVERSITY OF OKLAHOMA'S BOARD OF REGENTS. FORM 990, PART VI, SECTION A, LINE 6 PER GLOBAL OU'S BYLAWS, THE UNIVERSITY OF OKLAHOMA IS THE SOLE MEMBER OF THE ORGANIZATION. AS SUCH IT HAS THE POWER TO MANAGE AND DIRECT THE BUSINESS AND AFFAIRS OF THE ORGANIZATION. THE MEMBER IS ELIGIBLE AND AUTHORIZED TO VOTE, TO FURNISH ANY NECESSARY CONSENT OR APPROVAL, OR TO TAKE OTHER ACTION ON ANY ISSUE THAT MAY BE PROPERLY PRESENTED. IN ADDITION, THE MEMBER MUST APPROVE THE FOLLOWING: (1) ANY AMENDMENTS TO, RESTATEMENT OF, OR REPEAL OF THE CERTIFICATE OF INCORPORATION, (2) THE ELECTION OR APPOINTMENT OF THE BOARD, (3) THE MERGER OR CONSOLIDATION OF GLOBAL OU, INC. WITH OR ANY OTHER ENTITY, ENTERPRISE, AGENCY, OR BODY; THE SALE OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE ORGANIZATION; OR THE ACQUISITION OF THE ORGANIZATION BY ANY OTHER ENTITY OR ENTERPRISE, (4) THE DISSOLUTION, LIQUIDATION, OR TERMINATION OF THE BUSINESS OF THE CORPORATION, (5) A CHANGE IN THE PURPOSES OF THE CORPORATION, AND (6) ANY DECISION TO FILE A VOLUNTARY PETITION UNDER ANY LAW HAVING FOR ITS PURPOSE THE ADJUDICATION OF THE ORGANIZATION AS BANKRUPT OR INSOLVENT OR THE TAKING OF ANY ACTION WITH RESPECT TO THE ORGANIZATION OR LIQUIDATION OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A SEE DISCLOSURE FOR FORM 990, PART VI, SECTION A, LINE 6 FORM 990, PART VI, SECTION A, LINE 7B SEE DISCLOSURE FOR FORM 990, PART VI, SECTION A, LINE 6 FORM 990, PART VI, SECTION A, LINE 8B GLOBAL OU, INC. DOES NOT HAVE ANY COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. AS SUCH, NO COMMITTEE MEETING MINUTES OR OTHER DOCUMENTATION HAVE BEEN REQUIRED. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION ENGAGES A PAID PREPARER EXPERIENCED IN THE PREPARATION OF FORM 990 TO PREPARE THE FORM. THE PAID PREPARER EMAILS A COPY OF THE DRAFT RETURN FOR THE PRESIDENT AND VICE PRESIDENT TO REVIEW, THE FINAL DRAFT FORM 990 WILL BE SENT TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO SIGNING. THE FINAL FORM 990 IS SIGNED BY THE TREASURER. FORM 990, PART VI, SECTION B, LINE 12C GLOBAL OU HAS A CONFLICT OF INTEREST POLICY WHICH IT REQUIRES ALL INTERESTED PERSONS, INCLUDING OFFICERS AND DIRECTORS, TO DISCLOSE ANNUALLY INTEREST THAT COULD GIVE RISE TO CONFLICTS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE CORPORATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT OF GLOBAL OU INC. IS AN EMPLOYEE OF THE UNIVERSITY OF OKLAHOMA. GLOBAL OU INC. RELIES UPON THE UNIVERSITY OF OKLAHOMA TO ESTABLISH COMPARABLE COMPENSATION FOR ITS TOP MANAGEMENT OFFICIALS. MR. WRIGHT'S COMPENSATION IS REVIEWED AND APPROVED BY THE UNIVERSITY OF OKLAHOMA'S BOARD OF REGENTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION A, LINE 8B NAME & ADDRESS OF OFFICER & DIRECTOR WHO CANNOT BE REACHED AT THE ORGANIZATION'S MAILING ADDRESS. GUY PATTON 100 TIMBERDELL ROAD NORMAN, OK 73019-0685 AMY NOAH 100 TIMBERDELL ROAD NORMAN, OK 73019-0685 UNIVERSITY AMPHORA LLC 660 PARRINGTON OVAL ROOM 204 NORMAN OK 73019 475652592 EDUCATIONAL PROGRAM SUPPORT OK GLOBAL OU INC PELLEGO PROCUL LLC 660 PARRINGTON OVAL ROOM 204 NORMAN OK 73020 475652592 EDUCATIONAL PROGRAM SUPPORT OK GLOBAL OU INC PELLEGO PROCUL UNA LLC 660 PARRINGTON OVAL ROOM 204 NORMAN OK 73021 475652592 EDUCATIONAL PROGRAM SUPPORT OK PELLEGO PROCUL LLC PELLEGO PROCUL DUA LLC 660 PARRINGTON OVAL ROOM 204 NORMAN OK 73022 475652592 EDUCATIONAL PROGRAM SUPPORT OK PELLEGO PROCUL LLC ESTUDIAR LEJOS LLC 660 PARRINGTON OVAL ROOM 204 NORMAN OK 73023 475652592 EDUCATIONAL PROGRAM SUPPORT OK GLOBAL OU INC ESTUDIAR LEJOS UNO LLC 660 PARRINGTON OVAL ROOM 204 NORMAN OK 73024 475652592 EDUCATIONAL PROGRAM SUPPORT OK ESTUDIAR LEJOS LLC ESTUDIAR LEJOS DOS LLC 660 PARRINGTON OVAL ROOM 204 NORMAN OK 73025 475652592 EDUCATIONAL PROGRAM SUPPORT OK ESTUDIAR LEJOS LLC UNIVERSITY OF OKLAHOMA 660 PARRINGTON OVAL RM 204 NORMAN OK 73019 731377584 EDUCATION OK GOVT 0 SANTA CHIARA SRL 660 PARRINGTON OVAL ROOM 204 NORMAN OK 73019 475652592 EDUCATION PROGRAM SUPPORT IT UNIVERSITY AMPHORA LLC C 97455 1581588 1.00000 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0