UNIVERSITY OF RICHMOND: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: UNIVERSITY OF RICHMOND (EIN 54-0505965)
Tax period: 2023-07-01 to 2024-06-30
Filed: 2025-05-13
IRS object ID: 202511339349306036
Schema version: 2023v6.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule K
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-05-13T14:17:23-05:00	ReturnTs
Tax Period End	2024-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	PWC US TAX LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	655 NEW YORK AVE NW STE 1100	AddressLine1Txt
City	WASHINGTON	CityNm
State Abbreviation	DC	StateAbbreviationCd
ZIP	20001	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2023-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	540505965	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	UNIVERSITY OF RICHMOND	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
In Care Of	% LAURIE F MELVILLE	InCareOfNm
Business Name Control	UNIV	BusinessNameControlTxt
Phone	8042898150	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	110 UR DRIVE Suite 201	AddressLine1Txt
City	RICHMOND	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	231730001	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	DAVID B HALE	PersonNm
Person Title	EXEC. VP & COO	PersonTitleTxt
Phone	8044841523	PhoneNum
Signature	2025-05-12	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	TRAVIS L PATTON	PreparerPersonNm
PTIN	P00369623	PTIN
Phone	2024141000	PhoneNum
Preparation	2025-05-08	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	DAVID B HALE	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	110 UR DRIVE	AddressLine1Txt
City	RICHMOND	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	231730001	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$1,412,983,880	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.RICHMOND.EDU	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1830	FormationYr
Legal Domicile State	VA	LegalDomicileStateCd
Activity Or Mission	TO OPERATE A UNIVERSITY FOR ACADEMIC SCIENTIFIC, AND PROFESSIONAL EDUCATION AND LEARNING.	ActivityOrMissionDesc
Voting Members Governing Body	25	VotingMembersGoverningBodyCnt
Voting Members Independent	24	VotingMembersIndependentCnt
Total Employee	4925	TotalEmployeeCnt
Total Volunteers	1798	TotalVolunteersCnt
Total Gross UBI	$33,071,483	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$18,373,133	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$25,713,170	PYContributionsGrantsAmt
CY Contributions Grants	$30,385,865	CYContributionsGrantsAmt
PY Program Service Revenue	$244,827,303	PYProgramServiceRevenueAmt
CY Program Service Revenue	$253,175,630	CYProgramServiceRevenueAmt
PY Investment Income	$158,129,369	PYInvestmentIncomeAmt
CY Investment Income	$172,142,875	CYInvestmentIncomeAmt
PY Other Revenue	$42,641,701	PYOtherRevenueAmt
CY Other Revenue	$42,618,391	CYOtherRevenueAmt
PY Total Revenue	$471,311,543	PYTotalRevenueAmt
CY Total Revenue	$498,322,761	CYTotalRevenueAmt
PY Grants And Similar Paid	$99,255,866	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$103,745,844	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$223,518,172	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$231,054,940	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$224,736	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$268,877	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$17,854,245	CYTotalFundraisingExpenseAmt
PY Other Expenses	$136,614,051	PYOtherExpensesAmt
CY Other Expenses	$140,806,214	CYOtherExpensesAmt
PY Total Expenses	$459,612,825	PYTotalExpensesAmt
CY Total Expenses	$475,875,875	CYTotalExpensesAmt
PY Revenues Less Expenses	$11,698,718	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$22,446,886	CYRevenuesLessExpensesAmt
Total Assets BOY	$3,705,697,925	TotalAssetsBOYAmt
Total Assets EOY	$3,817,484,671	TotalAssetsEOYAmt
Total Liabilities BOY	$362,755,001	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$389,484,450	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$3,342,942,924	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$3,428,000,221	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	SEE SCHEDULE O	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$218,710,375	ExpenseAmt
Grant	$103,727,687	GrantAmt
Revenue	$233,309,630	RevenueAmt
Desc	INSTRUCTION - SEE SCHEDULE O	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$59,813,418	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$0	RevenueAmt
Desc	ACADEMIC SUPPORT - SEE SCHEDULE O	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$38,488,168	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$40,411,557	RevenueAmt
Desc	AUXILIARY ENTERPRISES - SEE SCHEDULE O	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$81,392,882	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant	$18,157	TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue	$7,170,556	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$398,404,843	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	Yes (true)	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	Yes (true)	CollectionsOfArtInd
Credit Counseling	Yes (true)	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (true)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (true)	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (true)	ConsolidatedAuditFinclStmtInd
School Operating	Yes (true)	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	Yes (true)	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	Yes (true)	MoreThan5000KToIndividualsInd
Professional Fundraising	Yes (true)	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	Yes (true)	GrantsToOrganizationsInd
Grants To Individuals	Yes (true)	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (true)	TaxExemptBondsInd
Invest Tax Exempt Bonds	false	InvestTaxExemptBondsInd
Escrow Account	false	EscrowAccountInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	Yes (true)	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	Yes (true)	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (true)	DeductibleNonCashContriInd
Deductible Art Contribution	Yes (true)	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	Yes (true)	DisregardedEntityInd
Related Entity	Yes (true)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (true)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	Yes (true)	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	5655	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	4925	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (true)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (true)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	Yes (true)	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	Yes (true)	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	25	GoverningBodyVotingMembersCnt
Independent Voting Member	24	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	AL	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	AK	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	AZ	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	AR	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CO	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CT	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	DC	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	FL	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	GA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	HI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	ID	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	IL	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	IN	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	KS	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	KY	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	LA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	ME	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MD	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MN	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MS	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MO	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NE	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NV	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NH	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NJ	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NM	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NC	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	ND	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OH	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OK	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OR	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	PA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	RI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	SC	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	TN	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	UT	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	VA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	WA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	WV	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	WI	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	LAURIE F MELVILLE	PersonNm
Phone	8042898150	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	110 UR DRIVE SUITE 201	AddressLine1Txt
City	RICHMOND	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	23173	ZIPCd

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	Yes (X)	InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (40 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Key EmployeeKeyEmployeeInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
WILLIAM MCLEAN
PRESIDENT AND CIO, SMC	40.0	0.0	Yes (X)	$2,295,127	$0	$413,240
CHRISTOPHER MOONEY
BASKETBALL COACH	40.0	0.0		$1,566,934	$0	$92,941	Yes (X)
KEVIN HALLOCK
PRESIDENT AND TRUSTEE	40.0	0.0		$1,051,350	$0	$552,312		Yes (X)	Yes (X)
KAREN WELCH
DEPUTY CIO, SMC	40.0	0.0		$1,272,625	$0	$60,384	Yes (X)
JEFFREY HIRES
Managing Director, SMC	40.0	0.0		$861,604	$0	$58,384	Yes (X)
Raymond Patrick Fishe
Professor of Finance	40.0	0.0		$824,432	$0	$30,687	Yes (X)
Jonathan Moore
Chief Administrative Off, SMC	40.0	0.0		$748,400	$0	$34,028	Yes (X)
DAVID HALE
EVP & COO/TREASURER	40.0	0.0		$647,004	$0	$82,291			Yes (X)
RONALD CRUTCHER
FORMER PRESIDENT	40.0	0.0		$531,787	$0	$51,631				Yes (X)
JEFFREY LEGRO
FORMER EVP & PROVOST	40.0	0.0		$488,733	$0	$55,559				Yes (X)
WENDY PERDUE
DEAN, LAW	40.0	0.0	Yes (X)	$474,938	$0	$61,670
STEPHANIE DUPAUL
VP FOR ENROLLMENT MANAGEMENT	40.0	0.0	Yes (X)	$388,283	$0	$48,460
ANN LLOYD BREEDEN
SECRETARY, BOARD OF TRUSTEES	40.0	0.0		$296,942	$0	$50,468			Yes (X)
JENNIFER CAVENAUGH
DEAN, SCHOOL OF ARTS & SCIENCE	40.0	0.0	Yes (X)	$298,943	$0	$43,961
STEPHEN BISESE
VP, STUDENT DEVELOPMENT	40.0	0.0	Yes (X)	$276,541	$0	$52,523
A JOAN SAAB
EVP & PROVOST (7/2023)	40.0	0.0		$281,702	$0	$22,891			Yes (X)
R LEWIS BOGGS
RECTOR	2.0	0.0		$0	$0	$0		Yes (X)	Yes (X)
KATHLEEN HUGHES BETTENCOURT
VICE-RECTOR	2.0	0.0		$0	$0	$0		Yes (X)	Yes (X)
RUSSELL C BALL III
TRUSTEE	2.0	0.0		$0	$0	$0		Yes (X)
JEFF A BROWN
TRUSTEE	2.0	0.0		$0	$0	$0		Yes (X)
H HITER HARRIS III
TRUSTEE	2.0	0.0		$0	$0	$0		Yes (X)
SUSAN M HUMPHREVILLE
TRUSTEE	2.0	0.0		$0	$0	$0		Yes (X)
TRACEY H IVEY
TRUSTEE	2.0	0.0		$0	$0	$0		Yes (X)
REGINALD N JONES
TRUSTEE	2.0	0.0		$0	$0	$0		Yes (X)
MARY-BETH L NASH
TRUSTEE	2.0	0.0		$0	$0	$0		Yes (X)
AUSTIN P NEUHOFF
TRUSTEE	2.0	0.0		$0	$0	$0		Yes (X)
S GEORGIA NUGENT
TRUSTEE	2.0	0.0		$0	$0	$0		Yes (X)
ROBERT E RIGSBY
TRUSTEE	2.0	0.0		$0	$0	$0		Yes (X)
JOHN A ROUSH
TRUSTEE	2.0	0.0		$0	$0	$0		Yes (X)
WENDELL L TAYLOR
TRUSTEE	2.0	0.0		$0	$0	$0		Yes (X)
CYNTHIA L BORGER
TRUSTEE	2.0	0.0		$0	$0	$0		Yes (X)
MIHIR J PATEL
TRUSTEE	2.0	0.0		$0	$0	$0		Yes (X)
STEPHEN J ARONSON
TRUSTEE	2.0	0.0		$0	$0	$0		Yes (X)
STACY GARRETT-RAY
TRUSTEE	2.0	0.0		$0	$0	$0		Yes (X)
STEPHEN J KNEELEY
TRUSTEE	2.0	0.0		$0	$0	$0		Yes (X)
AJAY NAGPAL
TRUSTEE	2.0	0.0		$0	$0	$0		Yes (X)
Raegan W Morris
Trustee	2.0	0.0		$0	$0	$0		Yes (X)
Susan G Quisenberry
Trustee	2.0	0.0		$0	$0	$0		Yes (X)
Gregory S Rogowski
Trustee	2.0	0.0		$0	$0	$0		Yes (X)
Kevin R Seth
Trustee	2.0	0.0		$0	$0	$0		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$12,305,345	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$1,711,430	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	480	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (true)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
KJELLSTROM LEE
1607 OWNBY LN	RICHMOND	VA	23220	CONSTRUCTION	$9,090,918
TAYLOR PARRISH INC
3941 DEEP ROCK RD SUITE A	HENRICO	VA	23233	CONSTRUCTION	$7,710,403
RVA CONSTRUCTION INC
11206 LEADBETTER RD SUITE 6	ASHLAND	VA	23005	CONSTRUCTION	$5,981,511
TRENT CORPORATION
8000 Franklin Farms Dr Ste 101	HENRICO	VA	23229	CONSTRUCTION	$9,206,867
JMJ CORPORATION
7910 W BROAD ST	RICHMOND	VA	23219	WORKSPACE DESIGN	$3,315,737

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	53	CntrctRcvdGreaterThan100KCnt
Government Grants	$3,184,870	GovernmentGrantsAmt
All Other Contributions	$27,200,995	AllOtherContributionsAmt
Noncash Contributions	$1,467,773	NoncashContributionsAmt
Total Contributions	$30,385,865	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
TUITION & FEES	611600	$233,309,630	$233,309,630
AUXILIARY ENTERPRISES	900099	$19,613,811	$19,045,224	$568,587
SUMMER CAMPS & CONFERENCES	900099	$252,189		$252,189

Field	Value	IRS element (for citing)
Total Program Service Revenue	$253,175,630	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$180,270,088	TotalRevenueColumnAmt
Unrelated Business Revenue	$17,348,429	UnrelatedBusinessRevenueAmt
Exclusion	$162,921,659	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,373,697	TotalRevenueColumnAmt
Exclusion	$1,373,697	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$101,648	TotalRevenueColumnAmt
Related Or Exempt Func Income	$101,648	RelatedOrExemptFuncIncomeAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$895,539,208	SecuritiesAmt
Other	$0	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$902,085,260	SecuritiesAmt
Other	$2,954,858	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	-$6,546,052	SecuritiesAmt
Other	-$2,954,858	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$9,500,910	TotalRevenueColumnAmt
Exclusion	-$9,500,910	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$0	FundraisingGrossIncomeAmt
Fundraising Direct Expenses	$0	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Gaming Gross Income	$0	GamingGrossIncomeAmt
Gaming Direct Expenses	$0	GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$27,062,433	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$9,621,001	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$17,441,432	TotalRevenueColumnAmt
Related Or Exempt Func Income	$17,433,931	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$7,501	UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INVESTMENT MANAGEMENT	525990	$14,220,202	$14,220,202
ATHLETICS REVENUE	900099	$7,170,556		$7,170,556
OTHER MISCELLANEOUS INCOME	900099	$3,684,553	$674,575	$3,009,978

Field	Value	IRS element (for citing)
Other Revenue Total	$25,075,311	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$498,322,761	TotalRevenueColumnAmt
Related Or Exempt Func Income	$280,070,967	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$33,071,483	UnrelatedBusinessRevenueAmt
Exclusion	$154,794,446	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$18,157	TotalAmt
Program Services	$18,157	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$97,300,367	TotalAmt
Program Services	$97,300,367	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$6,427,320	TotalAmt
Program Services	$6,427,320	ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$6,337,520	TotalAmt
Program Services	$1,176,495	ProgramServicesAmt
Management And General	$5,161,025	ManagementAndGeneralAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$953,910	TotalAmt
Management And General	$953,910	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$174,542,996	TotalAmt
Program Services	$139,844,609	ProgramServicesAmt
Management And General	$27,099,484	ManagementAndGeneralAmt
Fundraising	$7,598,903	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$13,294,458	TotalAmt
Program Services	$10,533,012	ProgramServicesAmt
Management And General	$2,187,976	ManagementAndGeneralAmt
Fundraising	$573,470	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$23,145,007	TotalAmt
Program Services	$18,002,795	ProgramServicesAmt
Management And General	$4,210,007	ManagementAndGeneralAmt
Fundraising	$932,205	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$12,781,049	TotalAmt
Program Services	$9,931,422	ProgramServicesAmt
Management And General	$2,313,948	ManagementAndGeneralAmt
Fundraising	$535,679	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$757,636	TotalAmt
Program Services	$59,398	ProgramServicesAmt
Management And General	$698,238	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$1,466,529	TotalAmt
Management And General	$1,466,529	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$5,266	TotalAmt
Management And General	$5,266	ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$268,877	TotalAmt
Fundraising	$268,877	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$22,422,046	TotalAmt
Program Services	$17,033,805	ProgramServicesAmt
Management And General	$3,851,176	ManagementAndGeneralAmt
Fundraising	$1,537,065	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$2,217,715	TotalAmt
Program Services	$1,254,711	ProgramServicesAmt
Management And General	$155,102	ManagementAndGeneralAmt
Fundraising	$807,902	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$12,029,652	TotalAmt
Program Services	$9,212,909	ProgramServicesAmt
Management And General	$1,842,467	ManagementAndGeneralAmt
Fundraising	$974,276	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$4,030,056	TotalAmt
Program Services	$2,877,938	ProgramServicesAmt
Management And General	$1,150,295	ManagementAndGeneralAmt
Fundraising	$1,823	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$16,511,685	TotalAmt
Program Services	$12,977,099	ProgramServicesAmt
Management And General	$364,012	ManagementAndGeneralAmt
Fundraising	$3,170,574	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$12,764,753	TotalAmt
Program Services	$11,240,469	ProgramServicesAmt
Management And General	$1,037,930	ManagementAndGeneralAmt
Fundraising	$486,354	FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$10,592,811	TotalAmt
Program Services	$10,379,286	ProgramServicesAmt
Management And General	$213,525	ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$35,699,686	TotalAmt
Program Services	$33,803,254	ProgramServicesAmt
Management And General	$1,896,432	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$2,752,075	TotalAmt
Program Services	$1,324,437	ProgramServicesAmt
Management And General	$1,427,638	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
LIBRARY BOOKS & MATERIALS	$6,361,513	$6,356,628	$3,894	$991
EQUIP RENTAL & MAINTENANCE	$3,791,838	$2,172,057	$1,616,083	$3,698
TAXES	$1,021,040	$21,452	$999,588
NONCAPITAL EQUIP./MATERIALS	$489,048	$427,462	$61,586

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$7,892,865	TotalAmt
Program Services	$6,029,761	ProgramServicesAmt
Management And General	$900,676	ManagementAndGeneralAmt
Fundraising	$962,428	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$475,875,875	TotalAmt
Program Services	$398,404,843	ProgramServicesAmt
Management And General	$59,616,787	ManagementAndGeneralAmt
Fundraising	$17,854,245	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$121,562,359	BOYAmt
EOY	$146,314,375	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$5,634,680	BOYAmt
EOY	$3,308,644	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$8,798,940	BOYAmt
EOY	$8,908,875	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$2,804,975	BOYAmt
EOY	$247,126	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$1,034,991	BOYAmt
EOY	$844,822	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$8,926,633	BOYAmt
EOY	$10,375,127	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$873,546,686	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$496,019,683	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$369,237,542	BOYAmt
EOY	$377,527,003	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$113,829,144	BOYAmt
EOY	$179,131,612	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$3,039,571,663	BOYAmt
EOY	$3,048,584,388	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$34,296,998	BOYAmt
EOY	$42,242,699	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$3,705,697,925	BOYAmt
EOY	$3,817,484,671	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$44,549,550	BOYAmt
EOY	$44,832,513	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$3,825,140	BOYAmt
EOY	$3,247,565	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$162,697,612	BOYAmt
EOY	$211,036,088	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$5,309,866	BOYAmt
EOY	$10,584,937	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$95,000,000	BOYAmt
EOY	$95,000,000	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$51,372,833	BOYAmt
EOY	$24,783,347	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$362,755,001	BOYAmt
EOY	$389,484,450	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,692,738,319	BOYAmt
EOY	$1,728,680,078	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,650,204,605	BOYAmt
EOY	$1,699,320,143	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$3,342,942,924	BOYAmt
EOY	$3,428,000,221	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$3,705,697,925	BOYAmt
EOY	$3,817,484,671	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$22,446,886	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$55,824,770	NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments	$2,347,900	PriorPeriodAdjustmentsAmt
Other Changes In Net Assets	$4,437,741	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consol And Sep Basis Fincl Stmt	Yes (X)	ConsolAndSepBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	Yes (true)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (true)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Total Grassroots Lobbying		TotalGrassrootsLobbyingGrp
Total Direct Lobbying		TotalDirectLobbyingGrp
Total Lobbying Expend		TotalLobbyingExpendGrp
Other Exempt Purpose Expend		OtherExemptPurposeExpendGrp
Total Exempt Purpose Expend		TotalExemptPurposeExpendGrp
Lobbying Nontaxable Amount		LobbyingNontaxableAmountGrp
Grassroots Nontaxable		GrassrootsNontaxableGrp
Tot Lbbyng Grassroot Mns Non Tx		TotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non Tx		TotLbbyExpendMnsLbbyngNonTxGrp
Volunteers	false	VolunteersInd
Paid Staff Or Management	false	PaidStaffOrManagementInd
Media Advertisements	false	MediaAdvertisementsInd
Mailings Members	false	MailingsMembersInd
Publications Or Broadcast	false	PublicationsOrBroadcastInd
Grants Other Organizations	false	GrantsOtherOrganizationsInd
Direct Contact Legislators	Yes (true)	DirectContactLegislatorsInd
Direct Contact Legislators	$5,007	DirectContactLegislatorsAmt
Rallies Demonstrations	false	RalliesDemonstrationsInd
Other Activities	Yes (true)	OtherActivitiesInd
Other Activities	$5,266	OtherActivitiesAmt
Total Lobbying Expenditures	$10,273	TotalLobbyingExpendituresAmt
Not Described Section501c3	false	NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART II-B, LINE 1I	FormAndLineReferenceDesc
Explanation	DUES PAID TO ANOTHER ORGANIZATION TO PERFORM LOBBYING ACTIVITIES ON BEHALF OF THE UNIVERSITY.	ExplanationTxt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amounts		ArtPublicExhibitionAmountsGrp
Held Works Art		HeldWorksArtGrp
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Solicited Assets Sale	false	SolicitedAssetsSaleInd
Agent Trustee Etc	false	AgentTrusteeEtcInd
Incl Escrow Custodial Acct Liab	Yes (true)	InclEscrowCustodialAcctLiabInd
Explanation Provided	Yes (X)	ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$3,167,934,398	BeginningYearBalanceAmt
Contributions	$20,542,494	ContributionsAmt
Investment Earnings Or Losses	$227,154,077	InvestmentEarningsOrLossesAmt
Other Expenditures	$165,219,409	OtherExpendituresAmt
Administrative Expenses	$5,322,131	AdministrativeExpensesAmt
End Year Balance	$3,245,089,429	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$3,153,393,405	BeginningYearBalanceAmt
Contributions	$15,407,696	ContributionsAmt
Investment Earnings Or Losses	$140,267,250	InvestmentEarningsOrLossesAmt
Other Expenditures	$141,081,762	OtherExpendituresAmt
Administrative Expenses	$52,191	AdministrativeExpensesAmt
End Year Balance	$3,167,934,398	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$3,351,493,103	BeginningYearBalanceAmt
Contributions	$31,730,833	ContributionsAmt
Investment Earnings Or Losses	-$96,596,845	InvestmentEarningsOrLossesAmt
Other Expenditures	$132,844,453	OtherExpendituresAmt
Administrative Expenses	$389,233	AdministrativeExpensesAmt
End Year Balance	$3,153,393,405	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$2,405,601,975	BeginningYearBalanceAmt
Contributions	$16,290,823	ContributionsAmt
Investment Earnings Or Losses	$1,055,635,119	InvestmentEarningsOrLossesAmt
Other Expenditures	$127,837,155	OtherExpendituresAmt
Administrative Expenses	-$1,802,341	AdministrativeExpensesAmt
End Year Balance	$3,351,493,103	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$2,513,208,708	BeginningYearBalanceAmt
Contributions	$17,564,082	ContributionsAmt
Investment Earnings Or Losses	$2,110,817	InvestmentEarningsOrLossesAmt
Other Expenditures	$127,528,843	OtherExpendituresAmt
Administrative Expenses	-$247,211	AdministrativeExpensesAmt
End Year Balance	$2,405,601,975	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.49000	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.51000	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.00000	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	Yes (true)	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	Yes (true)	EndowmentsHeldRelatedOrgInd
Related Org List Sch R	Yes (true)	RelatedOrgListSchRInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$5,931,664	OtherCostOrOtherBasisAmt
Book Value	$5,931,664	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$654,927,287	OtherCostOrOtherBasisAmt
Depreciation	$376,870,237	DepreciationAmt
Book Value	$278,057,050	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$67,042,586	OtherCostOrOtherBasisAmt
Depreciation	$35,445,831	DepreciationAmt
Book Value	$31,596,755	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$83,226,436	OtherCostOrOtherBasisAmt
Depreciation	$69,304,135	DepreciationAmt
Book Value	$13,922,301	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$62,418,713	OtherCostOrOtherBasisAmt
Depreciation	$14,399,480	DepreciationAmt
Book Value	$48,019,233	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$377,527,003	TotalBookValueLandBuildingsAmt
Financial Derivatives		FinancialDerivativesGrp
Closely Held Equity Interests		CloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (4 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
INVESTMENTS-HEDGE FUNDS	$1,535,588,458	F
INVESTMENTS-PRIVATE EQUITY	$973,622,170	F
INVESTMENTS-OTHER FUNDS	$536,470,709	F
INVESTMENTS-COMMINGLED FUNDS	$2,903,051	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$3,048,584,388	TotalBookValueSecuritiesAmt
Federal Income Tax Liability	$0	FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)

DescDesc	AmtAmt
ANNUITIES PAYABLE	$2,233,249
POST RETIREMENT BENEFITS	$13,507,892
INTEREST RATE SWAP LIABILITY	$6,133,270
US GOV'T GRANTS REFUNDABLE	$734,692
AGENCY FUNDS	$122,071
FEDERAL INCOME TAXES	$2,052,173

Field	Value	IRS element (for citing)
Total Liability	$24,783,347	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART III, LINE 1A:	THE UNIVERSITY'S COLLECTIONS OF HISTORICALLY SIGNIFICANT ARTIFACTS, SCIENTIFIC SPECIMENS AND ART OBJECTS ARE HELD FOR EDUCATION, RESEARCH, SCIENTIFIC INQUIRY, AND PUBLIC EXHIBITION. THEIR VALUE IS NOT REFLECTED IN THE UNIVERSITY'S CONSOLIDATED FINANCIAL STATEMENTS, AS PERMITTED BY U.S. GAAP.
PART III, LINE 4:	THE LIBRARY OWNS SEVERAL THOUSAND RARE BOOKS, FACSIMILE SHEETS OF MEDIEVAL MUSIC AND PORTRAITS OF FIGURES ASSOCIATED WITH THE UNIVERSITY'S HISTORY. THESE ARE USED FOR TEACHING, STUDY, AND RESEARCH. THE COLLECTIONS OF THE UNIVERSITY MUSEUMS INCLUDE FINE ART, ARTIFACTS, AND DECORATIVE ARTS, DATING FROM THE ANCIENT CULTURES IN GREECE AND CHINA TO CONTEMPORARY WORKS OF ART. THE MUSEUMS PROVIDE THE OPPORTUNITY FOR THE APPRECIATION, KNOWLEDGE, RESEARCH, AND SCHOLARSHIP OF ART, CULTURAL HISTORY, AND SCIENCE THROUGH ON-CAMPUS AND TRAVELING EXHIBITIONS AND SCHOLARLY PUBLICATIONS AS WELL AS ACADEMIC AND PUBLIC EDUCATIONAL PROGRAMS. THESE PROGRAMS INCLUDE SPECIAL COURSES, LECTURES, GALLERY TALKS, ARTISTS' RESIDENCIES, WORKSHOPS, SYMPOSIA AND OTHER EVENTS. THE MUSEUMS' EDUCATION AND RESEARCH ACTIVITIES COMPLEMENT AND SUPPORT THE EDUCATIONAL MISSION OF THE UNIVERSITY OF RICHMOND BY BEING INTEGRATED WITH THE UNIVERSITY'S ACADEMIC AND PROGRAMS AND UTILIZING STUDENT, FACULTY, AND STAFF INVOLVEMENT, INTERNSHIPS, RESEARCH FELLOWSHIPS, AND WORK/STUDY POSITIONS FOR STUDENTS ENHANCE THE MUSEUMS' OFFERINGS.
PART IV, LINE 2B:	AMOUNTS REPORTED IN PART IV CONSIST OF FUNDS HELD ON BEHALF OF AN INDEPENDENT 501(C)(3) FOUNDATION THAT PROVIDES FUNDING TO SELECT UNIVERSITY OF RICHMOND GRADUATES PURSUING POSTGRADUATE STUDIES.
PART V, LINE 4:	THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 1,550 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, SUCH AS SCHOLARSHIPS AND PROFESSORSHIPS, AND PROVIDES CONTRIBUTIONS TO EDUCATIONAL AND GENERAL EXPENSES. THE SPENDING POLICY ALLOWS ENDOWMENT FUNDS TO SUPPORT THE CURRENT OPERATING NEEDS OF THE UNIVERSITY BY PROVIDING YEAR-TO-YEAR BUDGET STABILITY, AND PROTECTING THE FUTURE PURCHASING POWER OF THE ENDOWMENT ASSETS AGAINST THE IMPACT OF INFLATION.
PART X, LINE 2:	THE UNIVERSITY IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE CODE). AS SUCH, THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES TO THE EXTENT PROVIDED UNDER SECTION 501 OF THE CODE. THE TAX CUTS AND JOBS ACT (TCJA) WAS ENACTED ON DECEMBER 22, 2017. AMONG OTHER THINGS, THE ACT IMPOSES AN EXCISE TAX ON NET INVESTMENT INCOME FOR CERTAIN ORGANIZATIONS AND ESTABLISHES NEW RULES FOR CALCULATING UNRELATED BUSINESS TAXABLE INCOME. THE UNIVERSITY IS SUBJECT TO THE EXCISE TAX. THE UNIVERSITY HAS REFLECTED AN ESTIMATE IN ITS CONSOLIDATED FINANCIAL STATEMENTS FOR BOTH UNRELATED TRADE OR BUSINESS INCOME AND THE EXCISE TAX USING CURRENT REGULATORY GUIDANCE. THE UNIVERSITY CONTINUES TO EVALUATE THE IMPACT OF THE TCJA ON CURRENT AND FUTURE TAX POSITIONS. THE UNIVERSITY HAS NOT TAKEN ANY UNCERTAIN TAX POSITIONS. NO INTEREST EXPENSE OR PENALTIES HAVE BEEN RECOGNIZED AS OF AND FOR THE YEAR ENDED JUNE 30, 2024. THE TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION BY THE MAJOR TAX JURISDICTIONS UNDER THE STATUTE OF LIMITATIONS ARE FROM THE YEAR 2020 FORWARD.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (true)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (true)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	false	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (true)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (true)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (true)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (true)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	false	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	false	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	false	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	false	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	false	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	false	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	false	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (true)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	false	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (true)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART I, LINE 3:

THE UNIVERSITY'S POLICY OF NON-DISCRIMINATION IS ACCESSIBLE FROM THE UNIVERSITY'S HOME PAGE AT WWW.RICHMOND.EDU, IN THE UNDERGRADUATE (WWW.UNDERGRADUATECATALOG.RICHMOND.EDU) AND RELATED INDIVIDUAL SCHOOL CATALOGS, AND FROM THE COMPLIANCE PAGE (WWW.RICHMOND.EDU/COMPLIANCE). AS A RECIPIENT OF FEDERAL FUNDS, THE UNIVERSITY COMPLIES WITH FEDERAL LAWS PROHIBITING DISCRIMINATION, INCLUDING TITLE IX OF THE EDUCATION AMENDMENTS OF 1972, AND IS COMMITTED TO PREVENTING AND RESPONDING TO CONDUCT THAT VIOLATES ITS NON-DISCRIMINATION POLICY. THE UNIVERSITY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS FROM AROUND THE U.S. AND WORLD AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO ALL STUDENTS, FACULTY, AND STAFF, IN SATISFACTION OF THE APPLICABLE REQUIREMENTS OF IRS REVENUE PROCEDURE 75-50, 1972-2 C.B. 587, AND RELATED IRS GUIDANCE.

PART I, LINE 6A:

THE UNIVERSITY RECEIVES FINANCIAL SUPPORT FROM AGENCIES OF THE FEDERAL GOVERNMENT TO PROVIDE FINANCIAL AID TO STUDENTS AND FOR RESEARCH PURPOSES. ADDITIONAL FINANCIAL AID SUPPORT IS RECEIVED FROM AGENCIES OF THE COMMONWEALTH OF VIRGINIA. A COMPLETE LIST OF AGENCIES AND AMOUNTS IS ON FILE.

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (18 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Region Total ExpendituresRegionTotalExpendituresAmt	EmployeeEmployeeCnt	Specific Services ProvidedSpecificServicesProvidedTxt
Central America and the Caribbean	Grantmaking	$36,265
East Asia and the Pacific	Program Services	$374,923	12	STUDY ABROAD
Central America and the Caribbean	Program Services	$16,917	2	STUDY ABROAD
South Asia	Grantmaking	$103,834
Sub-Saharan Africa	Investments	$119,301,820
Europe (Including Iceland and Greenland)	Program Services	$3,996,527	48	STUDY ABROAD
Middle East and North Africa	Program Services	$89,836	5	STUDY ABROAD
South America	Program Services	$107,117	9	STUDY ABROAD
Sub-Saharan Africa	Program Services	$289,538	6	STUDY ABROAD
Central America and the Caribbean	Investments	$801,133,736
North America	Investments	$38,185,110
Europe (Including Iceland and Greenland)	Investments	$53,336,450
East Asia and the Pacific	Grantmaking	$1,042,710
Europe (Including Iceland and Greenland)	Grantmaking	$4,490,264
Middle East and North Africa	Grantmaking	$144,435
South America	Grantmaking	$324,492
Sub-Saharan Africa	Grantmaking	$285,320
South Asia	Program Services	$70,419	4	STUDY ABROAD

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	82	SubtotalEmployeesCnt
Continuation Total Office	0	ContinuationTotalOfficeCnt
Continuation Total Employee	4	ContinuationTotalEmployeeCnt
Total Office	0	TotalOfficeCnt
Total Employee	86	TotalEmployeeCnt
Subtotal Spent	$1,023,259,294	SubtotalSpentAmt
Continuation Spent	$70,419	ContinuationSpentAmt
Total Spent	$1,023,329,713	TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (7 entries)

Type Of AssistanceTypeOfAssistanceTxt	RegionRegionTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Manner Of Cash DisbursementMannerOfCashDisbursementTxt	Non Cash AssistanceNonCashAssistanceAmt	Description Of Non Cash AsstDescriptionOfNonCashAsstTxt	Valuation Method UsedValuationMethodUsedDesc
STUDY ABROAD SCHOLARSHIPS	East Asia and the Pacific	50	$1,042,710	STUDENT ACCT	$0	N/A	N/A
STUDY ABROAD SCHOLARSHIPS	Europe (Including Iceland and Greenland)	395	$4,490,264	STUDENT ACCT	$0	N/A	N/A
STUDY ABROAD SCHOLARSHIPS	Sub-Saharan Africa	10	$285,320	STUDENT ACCT	$0	N/A	N/A
STUDY ABROAD SCHOLARSHIPS	South America	13	$324,492	STUDENT ACCT	$0	N/A	N/A
STUDY ABROAD SCHOLARSHIPS	South Asia	1	$103,834	STUDENT ACCT	$0	N/A	N/A
STUDY ABROAD SCHOLARSHIPS	Middle East and North Africa	4	$144,435	STUDENT ACCT	$0	N/A	N/A
STUDY ABROAD SCHOLARSHIPS	Central America and the Caribbean	1	$36,265	STUDENT ACCT	$0	N/A	N/A

Field	Value	IRS element (for citing)
Transfer To Foreign Corp	Yes (true)	TransferToForeignCorpInd
Interest In Foreign Trust	false	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (true)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	Yes (true)	PassiveForeignInvestmestCoInd
Foreign Partnership	Yes (true)	ForeignPartnershipInd
Boycott Countries	false	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	GRANTS AWARDED TO INDIVIDUALS OUTSIDE THE UNITED STATES BY THE UNIVERSITY OF RICHMOND CONSIST OF FINANCIAL AID IN THE FORM OF SCHOLARSHIPS AND GRANTS TO STUDENTS STUDYING ABROAD. STUDENTS RECEIVING THESE GRANTS ARE DETERMINED TO BE WORTHY ON THE BASIS OF THE UNIVERSITY'S ASSESSMENT OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER SIMILAR CRITERIA. THE OFFICE OF FINANCIAL AID MONITORS STUDENTS' ELIGIBILITY FOR THESE FUNDS IN ACCORDANCE WITH INSTITUTIONAL POLICIES AND STANDARDS.	ExplanationTxt

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	Yes (X)	MailSolicitationsInd
Email Solicitations	Yes (X)	EmailSolicitationsInd
Phone Solicitations	Yes (X)	PhoneSolicitationsInd
In Person Solicitations	Yes (X)	InPersonSolicitationsInd
Solicitation Of Non Govt Grants	Yes (X)	SolicitationOfNonGovtGrantsInd
Solicitation Of Govt Grants	Yes (X)	SolicitationOfGovtGrantsInd
Special Fundraising Events	Yes (X)	SpecialFundraisingEventsInd
Agrmt Prof Fundraising Acty	Yes (true)	AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	ActivityActivityTxt	Fundraiser Control Of FundsFundraiserControlOfFundsInd	Retained By ContractorRetainedByContractorAmt	Net To OrganizationNetToOrganizationAmt
RUFFALO NOEL LEVITZ
5249 North Park Place NE 1061	Cedar Rapids	IA	52402	SOLICITOR CONSULTING	false	$156,877	-$156,877
WASHBURN MCGOLDRICK
24 N Bryn Mawr Avenue 252	Bryn Mawr	PA	19010	SOLICITOR CONSULTING	false	$112,000	-$112,000

Field	Value	IRS element (for citing)
Total Retained By Contractors	$268,877	TotalRetainedByContractorsAmt
Total Net To Organization	-$268,877	TotalNetToOrganizationAmt
Licensed States	AL	LicensedStatesCd
Licensed States	AK	LicensedStatesCd
Licensed States	AZ	LicensedStatesCd
Licensed States	AR	LicensedStatesCd
Licensed States	CA	LicensedStatesCd
Licensed States	CO	LicensedStatesCd
Licensed States	CT	LicensedStatesCd
Licensed States	DE	LicensedStatesCd
Licensed States	DC	LicensedStatesCd
Licensed States	FL	LicensedStatesCd
Licensed States	GA	LicensedStatesCd
Licensed States	HI	LicensedStatesCd
Licensed States	ID	LicensedStatesCd
Licensed States	IL	LicensedStatesCd
Licensed States	IN	LicensedStatesCd
Licensed States	IA	LicensedStatesCd
Licensed States	KS	LicensedStatesCd
Licensed States	KY	LicensedStatesCd
Licensed States	LA	LicensedStatesCd
Licensed States	ME	LicensedStatesCd
Licensed States	MD	LicensedStatesCd
Licensed States	MA	LicensedStatesCd
Licensed States	MI	LicensedStatesCd
Licensed States	MN	LicensedStatesCd
Licensed States	MS	LicensedStatesCd
Licensed States	MO	LicensedStatesCd
Licensed States	MT	LicensedStatesCd
Licensed States	NE	LicensedStatesCd
Licensed States	NV	LicensedStatesCd
Licensed States	NH	LicensedStatesCd
Licensed States	NJ	LicensedStatesCd
Licensed States	NM	LicensedStatesCd
Licensed States	NY	LicensedStatesCd
Licensed States	NC	LicensedStatesCd
Licensed States	ND	LicensedStatesCd
Licensed States	OH	LicensedStatesCd
Licensed States	OK	LicensedStatesCd
Licensed States	OR	LicensedStatesCd
Licensed States	PA	LicensedStatesCd
Licensed States	RI	LicensedStatesCd
Licensed States	SC	LicensedStatesCd
Licensed States	SD	LicensedStatesCd
Licensed States	TN	LicensedStatesCd
Licensed States	TX	LicensedStatesCd
Licensed States	UT	LicensedStatesCd
Licensed States	VT	LicensedStatesCd
Licensed States	VA	LicensedStatesCd
Licensed States	WA	LicensedStatesCd
Licensed States	WV	LicensedStatesCd
Licensed States	WI	LicensedStatesCd
Licensed States	WY	LicensedStatesCd

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSIT	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	300 TURNER STREET NW	AddressLine1Txt
City	BLACKSBURG	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	24061	ZIPCd

Field	Value	IRS element (for citing)
Recipient EIN	546001805	RecipientEIN
IRC Section	501(C)(3)	IRCSectionDesc
Cash Grant	$17,691	CashGrantAmt
Valuation Method Used	N/A	ValuationMethodUsedDesc
Non Cash Assistance	N/A	NonCashAssistanceDesc
Purpose Of Grant	GRANT SUBAWARD FROM SPONSORED RESEARCH FUNDS	PurposeOfGrantTxt

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt
Total Other Org	0	TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	STUDENT GRANTS AND SCHOLARSHIPS	GrantTypeTxt
Recipient	2624	RecipientCnt
Cash Grant	$97,300,367	CashGrantAmt
Non Cash Assistance	$0	NonCashAssistanceAmt
Valuation Method Used	N/A	ValuationMethodUsedDesc
Non Cash Assistance	N/A	NonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	MONITORING PROCEDURES- FORM 990, SCHEDULE I, PART I, LINE 2	FormAndLineReferenceDesc
Explanation	GRANTS AWARDED TO INDIVIDUALS BY THE UNIVERSITY OF RICHMOND CONSIST OF STUDENT FINANCIAL AID IN THE FORM OF SCHOLARSHIPS AND GRANTS. STUDENTS RECEIVING THESE GRANTS ARE DETERMINED TO BE WORTHY ON THE BASIS OF THE UNIVERSITY'S ASSESSMENT OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER SIMILAR CRITERIA. THE OFFICE OF FINANCIAL AID MONITORS STUDENTS' ELIGIBILITY FOR THESE FUNDS IN ACCORDANCE WITH INSTITUTIONAL POLICIES AND STANDARDS. GRANTS MADE TO ORGANIZATIONS LOCATED IN THE UNITED STATES WERE MADE PURSUANT TO THE UNIVERSITY'S POLICIES AND PROCEDURES FOR GRANT SUBAWARDS. SUBAWARD ACTIVITIES ARE MONITORED PRIMARILY BY THE GRANTS ACCOUNTING OFFICE. SUBAWARD DOCUMENTATION, INCLUDING INVOICES, RECEIPTS, PAYMENT REQUESTS, AND SIMILAR RECORDS, IS REVIEWED TO ENSURE THAT THEY COMPLY WITH INSTITUTIONAL POLICIES, THE REQUIREMENTS UNDER THE UNIFORM GUIDANCE AND/OR THE SPECIFIC GRANT AGREEMENT, AND HAVE THE APPROVAL OF THE PRINCIPAL INVESTIGATOR.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
First Class Or Charter Travel	Yes (X)	FirstClassOrCharterTravelInd
Travel For Companions	Yes (X)	TravelForCompanionsInd
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Personal Services	Yes (X)	PersonalServicesInd
Written Policy Ref T And E Expnss	false	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (true)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (true)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	false	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	false	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	false	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	false	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	Yes (true)	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (16 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
KAREN WELCH
DEPUTY CIO, SMC	$473,181	$0	$792,581	$0	$6,863	$0	$33,000	$0	$27,384	$0	$1,333,009	$0	$0	$0
DAVID HALE
EVP & COO/TREASURER	$579,108	$0	$45,000	$0	$22,896	$0	$55,500	$0	$26,791	$0	$729,295	$0	$0	$0
WENDY PERDUE
DEAN, LAW	$461,148	$0	$0	$0	$13,790	$0	$46,420	$0	$15,250	$0	$536,608	$0	$0	$0
STEPHANIE DUPAUL
VP FOR ENROLLMENT MANAGEMENT	$382,561	$0	$0	$0	$5,722	$0	$38,464	$0	$9,996	$0	$436,743	$0	$0	$0
STEPHEN BISESE
VP, STUDENT DEVELOPMENT	$276,145	$0	$0	$0	$396	$0	$24,089	$0	$28,434	$0	$329,064	$0	$0	$0
ANN LLOYD BREEDEN
SECRETARY, BOARD OF TRUSTEES	$296,804	$0	$0	$0	$138	$0	$30,336	$0	$20,132	$0	$347,410	$0	$0	$0
KEVIN HALLOCK
PRESIDENT AND TRUSTEE	$807,082	$0	$200,000	$0	$44,268	$0	$346,151	$0	$206,161	$0	$1,603,662	$0	$0	$0
WILLIAM MCLEAN
PRESIDENT AND CIO, SMC	$994,898	$0	$1,300,000	$0	$229	$0	$394,623	$0	$18,617	$0	$2,708,367	$0	$0	$0
JENNIFER CAVENAUGH
DEAN, SCHOOL OF ARTS & SCIENCE	$281,047	$0	$0	$0	$17,896	$0	$28,542	$0	$15,419	$0	$342,904	$0	$0	$0
CHRISTOPHER MOONEY
BASKETBALL COACH	$1,517,228	$0	$0	$0	$49,706	$0	$60,706	$0	$32,235	$0	$1,659,875	$0	$0	$0
RONALD CRUTCHER
FORMER PRESIDENT	$526,836	$0	$0	$0	$4,951	$0	$33,000	$0	$18,631	$0	$583,418	$0	$0	$0
JEFFREY LEGRO
FORMER EVP & PROVOST	$398,337	$0	$90,000	$0	$396	$0	$33,000	$0	$22,559	$0	$544,292	$0	$0	$0
JEFFREY HIRES
Managing Director, SMC	$400,181	$0	$459,250	$0	$2,173	$0	$33,000	$0	$25,384	$0	$919,988	$0	$0	$0
Raymond Patrick Fishe
Professor of Finance	$210,565	$0	$0	$0	$613,867	$0	$21,312	$0	$9,375	$0	$855,119	$0	$0	$0
Jonathan Moore
Chief Administrative Off, SMC	$370,000	$0	$375,840	$0	$2,560	$0	$33,000	$0	$1,028	$0	$782,428	$0	$0	$0
A JOAN SAAB
EVP & PROVOST (7/2023)	$202,528	$0	$15,000	$0	$64,174	$0	$10,417	$0	$12,474	$0	$304,593	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 1A:	FIRST-CLASS OR CHARTER TRAVEL - THE MEN'S BASKETBALL COACH OCCASIONALLY TRAVELS WITH HIS TEAM BY MEANS OF CHARTER TRAVEL FOR SCHEDULED COMPETITIONS. THE VALUE IS NOT TREATED AS TAXABLE COMPENSATION. THE PRESIDENT IS PERMITTED TO FLY FIRST-CLASS. TRAVEL FOR COMPANIONS - FIRST CLASS TRAVEL, UP TO A CONTRACTUALLY DEFINED LIMIT, IS PERMITTED FOR THE PRESIDENT'S SPOUSE UNDER THE PRESIDENT'S EMPLOYMENT CONTRACT. THE TRAVEL EXPENSE FOR THE PRESIDENT'S SPOUSE WAS NOT TREATED AS TAXABLE COMPENSATION IF TRAVEL WAS FOR UNIVERSITY BUSINESS PURPOSES. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE - THE PRESIDENT IS REQUIRED TO LIVE ON CAMPUS IN A UNIVERSITY-PROVIDED HOME AS A CONDITION OF EMPLOYMENT. THE VALUE OF THIS LODGING IS NOT REPORTED AS TAXABLE COMPENSATION. PERSONAL SERVICES - THE UNIVERSITY EMPLOYS A HOUSEKEEPER TO MAINTAIN THE PRESIDENT'S HOME, WHICH IS ON THE UNIVERSITY'S CAMPUS AND IN WHICH HE IS REQUIRED TO LIVE AS A CONDITION OF EMPLOYMENT. $10,800 OF THE HOUSEKEEPER'S TIME WAS SPENT MANAGING PERSONAL ACTIVITIES FOR THE PRESIDENT AND HIS SPOUSE AND WAS IMPUTED TO HIM AS TAXABLE COMPENSATION.
PART I, LINE 1B:	THE PROVISION OF NON-STANDARD BENEFITS IS DETERMINED BY THE PRESIDENT, FOR SENIOR LEADERS AND KEY EMPLOYEES, AND THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES, FOR THE PRESIDENT. FACTORS CONSIDERED ARE WHETHER THE BENEFIT UNDER CONSIDERATION IS COMMONLY PROVIDED TO INDIVIDUALS IN SIMILAR POSITIONS AT SIMILAR ORGANIZATIONS; WHETHER THE BENEFIT IS NECESSARY FOR THE INDIVIDUAL TO SUCCESSFULLY FULFILL HIS OR HER JOB RESPONSIBILITIES; AND WHETHER, IN THE CONTEXT OF THE INDIVIDUAL'S OVERALL COMPENSATION, THE PROVISION OF THE NON-STANDARD BENEFIT IS REASONABLE.
PART I, LINE 4B:	CHRISTOPHER MOONEY DEFERRED $27,706 IN A SECTION 457(F) PLAN DURING 2023. KEVIN HALLOCK DEFERRED $290,651 IN A SECTION 457(F) PLAN DURING 2023. WILLIAM MCLEAN DEFERRED $361,623 IN A SECTION 457(F) PLAN DURING 2023.
PART I, LINE 7:	KEVIN HALLOCK, DAVID HALE, WILLIAM MCLEAN, KAREN WELCH, JEFFREY HIRES, JOAN SAAB, AND JONATHAN MOORE RECEIVED NON-FIXED PAYMENTS RELATED TO RECOGNITION AND/OR PERFORMANCE.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
VA COLLEGE BUILDING AUTHORITY
A	541249154	927781CR3	2006-11-08	$17,830,000	CONSTRUCT DORM & BOILER PLANT	false	false	false
VA COLLEGE BUILDING AUTHORITY
B	541249154	9277803U8	2004-08-05	$15,069,000	REFUND PRIOR ISSUE	false	false	false
VA COLLEGE BUILDING AUTHORITY
C	541249154	9277802U8	2004-08-05	$30,931,000	CONSTRUCT SCIENCE BLDG & FORUM	false	false	false
VA COLLEGE BUILDING AUTHORITY
D	541249154	927781CR3	2006-11-08	$38,070,000	REFUND PRIOR ISSUE	false	false	false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Bond DefeasedBondDefeasedAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Capitalized InterestCapitalizedInterestAmt	Refunding EscrowRefundingEscrowAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Credit EnhancementCreditEnhancementAmt	Working Capital ExpendituresWorkingCapitalExpendituresAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	UnspentUnspentAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$0	$0	$18,449,627	$0	$0	$0	$66,980	$14,282	$0	$18,368,365	$0	$0	2009	false	false	Yes (true)	Yes (true)
B	$0	$0	$15,069,000	$0	$0	$0	$69,000	$0	$0	$0	$15,000,000	$0	1996	Yes (true)	false	Yes (true)	Yes (true)
C	$0	$0	$31,070,375	$0	$0	$0	$141,136	$0	$0	$30,929,239	$0	$0	2006	false	false	Yes (true)	Yes (true)
D	$0	$0	$38,070,000	$0	$0	$0	$0	$140,000	$30,000	$0	$37,900,000	$0	1997	Yes (true)	false	Yes (true)	Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Any Research AgreementsAnyResearchAgreementsInd	Engage Bond Counsel ResearchEngageBondCounselResearchInd	Private Bus Concerning UBIPrivateBusConcerningUBIPct	Total Private Business UseTotalPrivateBusinessUsePct	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Remedial Action TakenRemedialActionTakenInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	false	false	false	Yes (true)	Yes (true)	0.00250	0.00250	false	false	false	Yes (true)
B	false	false	false	false		0.00000	0.00000	false	false	false	Yes (true)
C	false	false	false	false		0.00000	0.00000	false	false	false	Yes (true)
D	false	false	false	false		0.00000	0.00000	false	false	false	Yes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Business Name Line1GICProviderName/BusinessNameLine1Txt	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
0
A	false	false	false	Yes (true)	Yes (true)	false	false	0	false	Yes (true)
0
B	false	false	false	Yes (true)	Yes (true)	false	false	0	false	Yes (true)
0
C	false	false	false	Yes (true)	Yes (true)	false	false	0	false	Yes (true)
0
D	false	false	false	Yes (true)	Yes (true)	false	false	0	false	Yes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (true)
B	Yes (true)
C	Yes (true)
D	Yes (true)

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, COLUMN (F):	THE DATE OF ISSUE FOR EACH OF THE REFUNDING ISSUES IS AS FOLLOWS: CUSIP# 9277803U8 - 1994 CUSIP# 927781CR3 - 1991, 1996 CUSIP# 927781FL - 2012
PART II, LINE 3:	CUSIP# 927781CR3 INCLUDES $619,627 OF INVESTMENT INCOME RECEIVED ON THE UNEXPENDED PROCEEDS. CUSIP #9277802U8 INCLUDES $139,375 OF INVESTMENT INCOME RECEIVED ON THE UNEXPENDED PROCEEDS.
PART IV, LINE 2C:	CUSIP# 9277803U8 - REBATE COMPUTATION PERFORMED 8/17/2009 CUSIP# 9277802U8 - REBATE COMPUTATION PERFORMED 8/17/2009 CUSIP# 927781CR3 - REBATE COMPUTATION PERFORMED 3/24/2010 CUSIP# 92778FLE1 - REBATE COMPUTATION PERFORMED 6/30/2024

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
VA COLLEGE BUILDING AUTHORITY
A	541249154	92778FLE1	2024-03-01	$54,225,656	LIBRARY, STEAM PLANT & OTHER RENOV	false	false	false
VA COLLEGE BUILDING AUTHORITY
B	541249154	92778FLE1	2024-03-01	$59,709,208	REFUND PRIOR ISSUE	false	false	false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Bond DefeasedBondDefeasedAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Capitalized InterestCapitalizedInterestAmt	Refunding EscrowRefundingEscrowAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Credit EnhancementCreditEnhancementAmt	Working Capital ExpendituresWorkingCapitalExpendituresAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	UnspentUnspentAmt	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd	Substantial CompletionSubstantialCompletionYr
A	$0	$0	$54,225,656	$0	$2,389,500	$0	$836,156	$0	$0	$19,758,295	$0	$0	false	false	false	Yes (true)
B	$0	$0	$59,709,208	$0	$0	$0	$0	$0	$0	$0	$59,709,208	$0	Yes (true)	false	Yes (true)	Yes (true)	2024

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Any Research AgreementsAnyResearchAgreementsInd	Private Bus Use By OthersPrivateBusUseByOthersPct	Private Bus Concerning UBIPrivateBusConcerningUBIPct	Total Private Business UseTotalPrivateBusinessUsePct	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropPct	Remedial Action TakenRemedialActionTakenInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	false	false	false	false	0.00000	0.00000	0.00000	false	false	0.00000	false	Yes (true)
B	false	false	false	false	0.00000	0.00000	0.00000	false	false	0.00000	false	Yes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Business Name Line1GICProviderName/BusinessNameLine1Txt	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
0
A	false	false	false	Yes (true)	false	false	false	0	false	Yes (true)
0
B	false	false	false	Yes (true)	false	false	false	0	false	Yes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (true)
B	Yes (true)

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
GREGORY L CAVENAUGH
FMLY MBR OF KEY EMPLOYEE	$63,993	EMPLOYEE COMPENSATION	false
STEPHEN BRAUER
FMLY MBR OF OFFICER	$32,086	EMPLOYEE COMPENSATION	false

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	7	ContributionCnt
Noncash Contributions Rpt F990	$0	NoncashContributionsRptF990Amt
Method Of Determining Revenues	OPINION OF EXPERT	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Art Historical Treasures		ArtHistoricalTreasuresGrp
Art Fractional Interest		ArtFractionalInterestGrp
Books And Publications		BooksAndPublicationsGrp
Clothing And Household Goods		ClothingAndHouseholdGoodsGrp
Cars And Other Vehicles		CarsAndOtherVehiclesGrp
Boats And Planes		BoatsAndPlanesGrp
Intellectual Property		IntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	105	ContributionCnt
Noncash Contributions Rpt F990	$1,467,773	NoncashContributionsRptF990Amt
Method Of Determining Revenues	MARKET QUOTATION	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Securities Closely Held Stock		SecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust Intrsts		SecurPrtnrshpTrustIntrstsGrp
Securities Miscellaneous		SecuritiesMiscellaneousGrp
Qualified Contrib Hist Struct		QualifiedContribHistStructGrp
Qualified Contrib Other		QualifiedContribOtherGrp
Real Estate Residential		RealEstateResidentialGrp
Real Estate Commercial		RealEstateCommercialGrp
Real Estate Other		RealEstateOtherGrp
Collectibles		CollectiblesGrp
Food Inventory		FoodInventoryGrp
Drugs And Medical Supplies		DrugsAndMedicalSuppliesGrp
Taxidermy		TaxidermyGrp

Historical Artifacts HistoricalArtifactsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	2	ContributionCnt
Noncash Contributions Rpt F990	$0	NoncashContributionsRptF990Amt
Method Of Determining Revenues	OPINION OF EXPERT	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Scientific Specimens		ScientificSpecimensGrp
Archaeological Artifacts		ArchaeologicalArtifactsGrp

Other Non Cash Contri Table OtherNonCashContriTableGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Desc	Equipment	Desc
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$0	NoncashContributionsRptF990Amt
Method Of Determining Revenues	MARKET QUOTATION	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Form8283 Received	9	Form8283ReceivedCnt
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (true)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	false	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, COLUMN (B):	THE AMOUNTS SHOWN IN PART I, COLUMN (B) FOR "NUMBER OF CONTRIBUTIONS" REPRESENTS THE TOTAL NUMBER OF CONTRIBUTIONS, NOT NECESSARILY TOTAL NUMBER OF ITEMS CONTRIBUTED. SEVERAL DONATIONS REPRESENTED "COLLECTIONSHAD MULTIPLE ITEMS PER DONATION.
PART I, LINE 1:	DONATED ARTWORK IS HELD FOR PURPOSES OF EDUCATION, RESEARCH, SCIENTIFIC INQUIRY AND PUBLIC EXHIBITION. AS PERMITTED UNDER FASB ASC TOPIC 958 AND DISCLOSED IN ITS FINANCIAL STATEMENTS, THE UNIVERSITY HAS ELECTED NOT TO REPORT THE VALUE OF THESE ITEMS AS REVENUE IN ITS STATEMENT OF ACTIVITIES.
PART 1, LINE 22	DONATED HISTORICAL AFTIFACTS ARE HELD FOR PURPOSES OF EDUCATION, RESEARCH AND PUBLIC EXHIBITION. AS PERMITTED UNDER FASB ASC TOPIC 958 AND DISCLOSED IN ITS FINANCIAL STATEMENTS, THE UNIVERSITY HAS ELECTED NOT TO REPORT THE VALUE OF THESE ITEMS AS REVENUE IN ITS STATEMENT OF ACTIVITIES.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART III, LINE 1, ORGANIZATION'S MISSION	THE MISSION OF THE UNIVERSITY OF RICHMOND IS TO EDUCATE IN AN ACADEMICALLY CHALLENGING, INTELLECTUALLY VIBRANT, AND COLLABORATIVE COMMUNITY DEDICATED TO THE HOLISTIC DEVELOPMENT OF STUDENTS AND THE PRODUCTION OF SCHOLARLY AND CREATIVE WORK. A RICHMOND EDUCATION PREPARES STUDENTS FOR LIVES OF PURPOSE, THOUGHTFUL INQUIRY, AND RESPONSIBLE LEADERSHIP IN A DIVERSE WORLD. THE UNIVERSITY OF RICHMOND'S NEW STRATEGIC PLAN IS INTENDED TO BE BRIEF, CLEAR, AND ATTAINABLE, INSPIRE OUR COMMUNITY, AND GUIDE OUR FUTURE DIRECTION. IT CENTERS AROUND OUR "GUIDING LIGHTS": ACADEMIC EXCELLENCE, BELONGING & COMMUNITY, ACCESS & AFFORDABILITY, WELL-BEING, AND EXPERIENTIAL LEARNING & COMMUNITY ENGAGEMENT. UTILIZING THIS PLAN WE ARE CURRENTLY ALIGNING AND STREAMLINING EFFORTS ACROSS OUR UNIVERSITY. TO VIEW THE PLAN IN ITS ENTIRETY, PLEASE VISIT: HTTPS://STRATEGICPLAN.RICHMOND.EDU/
FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS:	INSTRUCTION - THE UNIVERSITY OF RICHMOND ENDEAVORS TO OFFER ITS STUDENTS THE HIGHEST QUALITY EDUCATION POSSIBLE, MAKING AVAILABLE TOP-OF-THE-LINE RESOURCES AND FACILITIES. BY MAINTAINING AN 8:1 FACULTY TO STUDENT RATIO, EACH STUDENT HAS THE OPPORTUNITY TO ENJOY A PERSONAL AND UNIQUE LEARNING EXPERIENCE. THE KEY CHARACTERISTICS OF THE UNIVERSITY'S INSTRUCTIONAL FOUNDATION ARE A CHALLENGING LEARNING ENVIRONMENT, SMALL CLASSES, A HIGH QUALITY OF STUDENT LIFE, A COORDINATE COLLEGE SYSTEM, A COMMITMENT TO SERVICE, OPPORTUNITIES FOR MORAL AND SPIRITUAL DEVELOPMENT, A MIXTURE OF ENRICHING ACADEMIC AND CO-CURRICULAR EXPERIENCES, A SENSE OF COMMUNITY, AND A SPIRIT OF INNOVATION. THERE ARE APPROXIMATELY 4,000 STUDENTS.
FORM 990, PART III, LINE 4B, PROGRAM SERVICE ACCOMPLISHMENTS:	ACADEMIC SUPPORT - THE RESPECTIVE DEAN'S OFFICES OF EACH OF THE FIVE SCHOOLS OVERSEE THE MAINTENANCE AND DEVELOPMENT OF THE SCHOOL TO ENSURE THAT THEY MAINTAIN THE HIGH LEVEL OF ACADEMIC INTEGRITY THAT HAS BECOME THE STANDARD OF THE UNIVERSITY OF RICHMOND. THE UNIVERSITY OFFERS OPPORTUNITIES FOR CONTINUING EDUCATION IN EACH PROFESSOR'S SPECIALTY AS WELL AS IN NEW TEACHING METHODS AND TECHNOLOGY, WHILE FACULTY COMMITTEES WORK TOWARD CONTINUOUS IMPROVEMENT IN ALL AREAS OF STUDENT INSTRUCTION. ACADEMIC COMPUTING PROVIDES INFORMATION TECHNOLOGY TO ENHANCE THE ACADEMIC RESOURCES AVAILABLE TO PROFESSORS AND STUDENTS, AND TO THE COMMUNITY THROUGH THE UNIVERSITY LIBRARY. LECTURE FUNDS ARE SET ASIDE TO PAY FOR VISITING SPEAKERS ON TOPICS RELEVANT TO ACADEMIC STUDIES OFFERED.
FORM 990, PART III, LINE 4C, PROGRAM SERVICE ACCOMPLISHMENTS:	AUXILIARY ENTERPRISES - THE HOUSING OFFICE STRIVES TO MAINTAIN A COMFORTABLE LIVING ENVIRONMENT FOR THE 91% OF THE STUDENT BODY THAT RESIDES ON CAMPUS EACH YEAR. DINING SERVICES AUGMENTS THESE EFFORTS BY ENSURING STUDENTS HAVE ACCESS TO EXEMPLARY SERVICE, OUTSTANDING QUALITY FOOD, WITH A PASSION AND COMMITMENT TO EXCELLENCE. THE BOOKSTORE ENSURES THAT MEMBERS OF THE UNIVERSITY COMMUNITY HAVE AN AFFORDABLE, CONVENIENT OPTION FOR UNIVERSITY OF RICHMOND TEXTBOOKS, GEAR, AND SUPPLIES. PRINTING SERVICES OFFERS TOP-QUALITY GRAPHIC COMMUNICATIONS FOR STUDENTS, FACULTY AND STAFF.
FORM 990, PART III, LINE 4D - OTHER PROGRAM SERVICES:	STUDENT SERVICES - STUDENT DEVELOPMENT PROVIDES ON-CAMPUS PHYSICAL AND MENTAL HEALTH SERVICES, ACADEMIC AND CAREER COUNSELING, VARIOUS FRATERNITY, SORORITY AND EXTRACURRICULAR ACTIVITIES, AND ORGANIZATIONS THAT WORK TO UPHOLD THE UNIVERSITY'S CORE PRINCIPLES. RECREATION AND WELLNESS PROVIDES THE CAMPUS COMMUNITY WITH OUTSTANDING RECREATIONAL FACILITIES, FITNESS AND WELLNESS PROGRAMS, INTRAMURALS, AND SPORT CLUBS. IT ALSO SUPPORTS MULTIPLE STUDENT GOVERNMENT ASSOCIATIONS, WHICH VOICE THE STUDENTS' CONCERNS AND OPINIONS, AS WELL AS SERVES AS A LIAISON BETWEEN STUDENTS AND ADMINISTRATION, FACULTY, AND STAFF. UNDERGRADUATE AND LAW SCHOOL ADMISSION OFFICES COUNSEL THOUSANDS OF PROSPECTIVE APPLICANTS AND MAKE THEM FEEL WELCOME AT THE UNIVERSITY, WHILE PROVIDING SUPPORT FOR ACCEPTED STUDENTS. THE UNIVERSITY LIBRARIES SERVE THE CAMPUS COMMUNITY AND THE PUBLIC AND ARE A DESIGNATED FEDERAL DOCUMENT REPOSITORY. THE ATHLETIC DEPARTMENT IS COMMITTED TO THE PRINCIPLES OF INSTITUTIONAL CONTROL IN OPERATING ITS PROGRAMS IN A MANNER CONSISTENT WITH THE LETTER AND THE SPIRIT OF THE NCAA, ITS ATHLETIC CONFERENCES, AND UNIVERSITY RULES AND REGULATIONS. EXPENSES: $73,099,441, INCLUDING GRANTS OF: $0. REVENUE: $7,170,556. RESEARCH - THE UNIVERSITY BELIEVES THAT ACADEMIC RESEARCH AT THE FACULTY, STAFF AND STUDENT LEVELS SIGNIFICANTLY IMPROVES THE QUALITY OF EDUCATION OF ALL STUDENTS. THUS, THE UNIVERSITY ENCOURAGES FACULTY, STUDENT AND STAFF RESEARCH BY OPERATING AN OFFICE OF FOUNDATION, CORPORATE AND GOVERNMENT RELATIONS TO ASSIST WITH APPLICATIONS FOR FUNDING; ALLOCATING FUNDS FOR STUDENT AND FACULTY SUMMER RESEARCH PROJECTS, AND TRAVEL TO PARTICIPATE AND PRESENT FINDINGS AT ACADEMIC CONFERENCES; PROVIDING LABS, STUDIOS AND SPECIALIZED CLASSROOMS FOR CONDUCTING RESEARCH; PROVIDING INFRASTRUCTURE NECESSARY TO CONDUCT RESEARCH; EMPLOYING NON-FACULTY PERSONNEL TO MANAGE RESEARCH-RELATED FACILITIES AND CONDUCT EXPERIMENTS. EXPENSES: $4,780,382 INCLUDING GRANTS OF: $18,157 REVENUE: $0 PUBLIC SERVICE - THE BONNER CENTER FOR CIVIC ENGAGEMENT (CCE) AT THE UNIVERSITY OF RICHMOND STRIVES TO BRING TOGETHER CAMPUS AND COMMUNITY MEMBERS IN COLLABORATIVE STUDY, REFLECTION, AND ACTION TO ADDRESS CONTEMPORARY SOCIAL ISSUES. BEYOND ORGANIZING VARIOUS SERVICE-ORIENTED EVENTS ELICITING PARTICIPATION FROM FACULTY, STAFF, AND STUDENTS, THE CCE ALSO ADMINISTERS THE BONNER SCHOLARS PROGRAM (BSP). THE PROGRAM OFFERS FOUR-YEAR SCHOLARSHIP AWARDS TO STUDENTS WITH A SUSTAINED RECORD OF SERVICE AND A HIGH LEVEL OF FINANCIAL NEED. APPROXIMATELY 100 STUDENTS CURRENTLY PARTICIPATE IN THE BSP AT THE UNIVERSITY OF RICHMOND, MAKING IT THE LARGEST BSP IN THE COUNTRY. THE UNIVERSITY'S OFFICE OF THE CHAPLAINCY SUPPORTS AND COORDINATES UNIVERSITY CAMPUS MINISTERS AND RELIGIOUS ORGANIZATIONS, INTER-RELIGIOUS COMMUNITY AND JUSTICE PROGRAMMING, A WEEKLY UNIVERSITY WORSHIP SERVICE, AND SPIRITUAL AND PASTORAL CARE. THE NUMBER OF PEOPLE SERVED WAS APPROXIMATELY 14,000. EXPENSES: $3,513,064 INCLUDING GRANTS OF: $0. REVENUE: $0
FORM 990, PART VI, LINE 1A:	THE EXECUTIVE COMMITTEE IS AUTHORIZED BY ITS CHARTER TO EXERCISE THE AUTHORITY OF THE BOARD BETWEEN MEETINGS OF THE FULL BOARD ON ALL MATTERS EXCEPT THOSE FOR WHICH AUTHORITY IS SPECIFICALLY RESERVED IN THE BY-LAWS TO THE BOARD OF TRUSTEES. POWERS RESERVED TO THE FULL BOARD OF TRUSTEES INCLUDE THE FOLLOWING: APPOINTING OR REMOVING THE PRESIDENT; FILLING VACANCIES ON THE BOARD OR ITS COMMITTEES; AMENDING THE ARTICLES OF INCORPORATION; ADOPTING, AMENDING OR REPEALING THE BY-LAWS; OR APPROVING A PLAN OF MERGER. WHILE THE EXECUTIVE COMMITTEE MAY AND HAS EXERCISED THE AUTHORITY OF THE BOARD BETWEEN MEETINGS, IT IS EXPECTED THAT TO THE EXTENT POSSIBLE, IT WILL CONSULT WITH OR INFORM THE APPROPRIATE BOARD COMMITTEE CHARGED WITH OVERSIGHT OF A PARTICULAR ITEM OF BUSINESS PRIOR TO THE MATTER COMING BEFORE THE EXECUTIVE COMMITTEE FOR ACTION. IF SUCH CONSULTATION IS NOT FEASIBLE DUE TO TIME CONSTRAINTS OR EXIGENT CIRCUMSTANCES, THE APPROPRIATE COMMITTEE CHAIR(S) WILL BE CONSULTED IN ADVANCE OF THE EXECUTIVE COMMITTEE'S ACTION AND THE FULL COMMITTEE(S) INFORMED OF THE ACTION AS SOON AS PRACTICABLE THEREAFTER.
FORM 990, PART VI, LINE 11B:	THE FORM 990 WAS REVIEWED BY THE UNIVERSITY OF RICHMOND'S PRESIDENT, EXECUTIVE VICE PRESIDENT AND COO, AND VICE PRESIDENT AND GENERAL COUNSEL. FOLLOWING THAT REVIEW, A COMPLETE COPY OF THE FORM 990 WAS THEN PUBLISHED TO THE BOARD OF TRUSTEE'S INTERNAL WEB PAGE. THE STAFF OF THE EXECUTIVE VICE PRESIDENT AND COO AND THE GENERAL COUNSEL CONDUCTED A MEETING WITH THE MEMBERS OF THE UNIVERSITY'S EXECUTIVE AND AUDIT AND COMPLIANCE COMMITTEES TO REVIEW THE FORM 990 RETURN IN DETAIL AND RESPOND TO ANY QUESTIONS. THIS MEETING WAS OPEN TO ALL MEMBERS OF THE BOARD OF TRUSTEES. ALL OF THIS OCCURRED PRIOR TO FILING THE FORM 990 WITH THE INTERNAL REVENUE SERVICE. THE RETURN REVIEWED BY THE BOARD OF TRUSTEES WAS IDENTICAL TO THE ONE FILED WITH THE IRS.
FORM 990, PART VI, LINE 12C:	THE UNIVERSITY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY IN SEVERAL WAYS. FIRST, THE UNIVERSITY REQUIRES ALL INDIVIDUALS COVERED BY ITS POLICY TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM ON AN ANNUAL BASIS. THE OFFICE OF THE SECRETARY TO THE BOARD OF TRUSTEES ENSURES THAT ALL COVERED INDIVIDUALS COMPLETE THE DISCLOSURE FORM. PRIOR TO ALL MEETINGS OF THE BOARD OF TRUSTEES OR ANY COMMITTEE THEREOF, THE VICE PRESIDENT AND SECRETARY TO THE BOARD AND THE VICE PRESIDENT AND GENERAL COUNSEL OF THE UNIVERSITY REVIEW THE MEETING AGENDA IN LIGHT OF THE CONFLICT OF INTEREST DISCLOSURES TO IDENTIFY ANY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST THAT MIGHT ARISE. ADDITIONALLY, THE UNIVERSITY'S CONFLICT OF INTEREST POLICY REQUIRES COVERED INDIVIDUALS TO UPDATE THEIR DISCLOSURE FORMS DURING THE YEAR AND TO NOTIFY APPROPRIATE UNIVERSITY OFFICIALS OF ANY ACTUAL OR POTENTIAL CONFLICT THAT MIGHT ARISE PRIOR TO OR IN THE COURSE OF A MEETING. IF THERE IS A CONFLICT OF INTEREST, THE INVOLVED INDIVIDUAL IS REQUIRED TO RECUSE HIM OR HERSELF FROM THE DISCUSSION OF THE MATTER AT ISSUE, TO REFRAIN FROM VOTING ON THE MATTER AND TO REFRAIN FROM SEEKING TO INFLUENCE THE VOTE ON THE MATTER.
FORM 990, PART VI, LINE 15A:	THE BOARD OF TRUSTEES HAS DELEGATED AUTHORITY FOR APPROVAL OF THE COMPENSATION OF THE PRESIDENT TO THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE MEMBERS OF THE COMPENSATION COMMITTEE ARE THE RECTOR AND VICE RECTOR OF THE UNIVERSITY AND AT LEAST ONE OTHER MEMBER OF THE BOARD OF TRUSTEES. THE UNIVERSITY ENSURES THAT THE MEMBERS OF THE COMPENSATION COMMITTEE DO NOT HAVE A CONFLICT OF INTEREST WITH REGARD TO ANY MATTER COMING BEFORE THEM. IN SETTING THE INITIAL COMPENSATION AND BENEFITS OF THE PRESIDENT AND IN CONSIDERING ANY MATERIAL AMENDMENT TO HIS EMPLOYMENT AGREEMENT, THE COMPENSATION COMMITTEE HAS ENGAGED AN OUTSIDE COMPENSATION CONSULTANT. THE COMPENSATION CONSULTANT RELIES ON COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS AND HAS OPINED ON THE REASONABLENESS OF THE PRESIDENT'S COMPENSATION. IN CONDUCTING THE ANNUAL REVIEW, THE COMPENSATION COMMITTEE RELIES ON COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE DELIBERATIONS AND DECISIONS OF THE COMPENSATION COMMITTEE ARE DOCUMENTED CONTEMPORANEOUSLY.
FORM 990, PART VI, LINE 15B:	THE BOARD OF TRUSTEES HAS DELEGATED AUTHORITY FOR REVIEWING AND APPROVING THE PRESIDENT'S RECOMMENDATIONS REGARDING THE COMPENSATION OF HIS DIRECT REPORTS TO THE COMPENSATION COMMITTEE. THE MEMBERS OF THE COMPENSATION COMMITTEE ARE THE RECTOR AND VICE RECTOR OF THE UNIVERSITY AND AT LEAST ONE OTHER MEMBER OF THE BOARD OF TRUSTEES. THE UNIVERSITY ENSURES THAT THE MEMBERS OF THE COMPENSATION COMMITTEE DO NOT HAVE A CONFLICT OF INTEREST WITH REGARD TO ANY MATTER COMING BEFORE THEM. THE COMPENSATION COMMITTEE UTILIZES COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE COMPENSATION COMMITTEE APPROVES THE COMPENSATION FOR ALL OF THE PRESIDENT'S DIRECT REPORTS AND THE UNIVERSITY'S DEANS. IN THE CASE OF OTHER STAFF WHOSE PROPOSED COMPENSATION AT THE TIME OF HIRING EXCEEDS THE BOARD-APPROVED COMPENSATION STRUCTURE FOR UNIVERSITY STAFF, THE COMPENSATION COMMITTEE UTILIZES COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS IN REVIEWING AND APPROVING THE PROPOSED COMPENSATION. THE DELIBERATIONS AND DECISIONS OF THE COMPENSATION COMMITTEE ARE DOCUMENTED CONTEMPORANEOUSLY.
FORM 990, PART VI, LINE 19:	THE UNIVERSITY OF RICHMOND MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE ON ITS PUBLIC WEBSITE. THE UNIVERSITY MAKES ITS CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9:	OTHER CHANGES IN NET ASSETS OR FUND BALANCES: CHANGE IN FAIR VALUE OF SWAP AGREEMENTS 2,320,724 CHANGE IN PRESENT VALUE - SPLIT INTEREST AGREEMENT (236,515) CHANGE IN POST-RETIREMENT BENEFIT OBLIGATION 2,863,076 REDESIGNATED FUNDS (509,544) -------------- TOTAL PART XI, LINE 9: 4,437,741

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (8 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Total IncomeTotalIncomeAmt	End Of Year AssetsEndOfYearAssetsAmt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt
RICHMOND QUADRANGLE LLC
110 UR DRIVE	RICHMOND	VA	23173	200094353	PROPERTY MGMT	VA	$0	$0	UR
SPIDER MANAGEMENT COMPANY LLC
5800 PATTERSON AVENUE	RICHMOND	VA	23226	261501416	INVEST MGMT	VA	$7,500,023	$2,787,764	UR
RICHMOND FUND MANAGEMENT COMPANY LLC
5800 PATTERSON AVENUE	RICHMOND	VA	23226	261501524	INVEST MGMT	VA	$7,500,023	$0	SMC
SPIDER BUYOUT - GP LLC
5800 PATTERSON AVENUE	RICHMOND	VA	23226	364892048	INVEST MGMT	VA	$0	$0	SMC
SPIDER INVENTIONS LLC
110 UR DRIVE SUITE 200	RICHMOND	VA	23173	873652019	EDUCATION	VA	$0	-$50	UR
SPIDER INVENTIONS 2021-2022 LLC
110 UR DRIVE SUITE 200	RICHMOND	VA	23173	873743751	EDUCATION	VA	$0	$0	SPDR INV LLC
SPIDER INVENTIONS 2022-2023 LLC
110 UR DRIVE SUITE 200	RICHMOND	VA	23173	883539054	EDUCATION	VA	$0	$0	SPDR INV LLC
SPIDER INVENTIONS 2023-2024 LLC
110 UR DRIVE SUITE 200	RICHMOND	VA	23173	933171475	EDUCATION	VA	-$1,327	-$160	SPDR INV LLC

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (6 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Predominant Income TypePredominantIncomeTypeTxt	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	Disproportionate AllocationsDisproportionateAllocationsInd	UBI Code VUBICodeVAmt	General Or Managing PartnerGeneralOrManagingPartnerInd	OwnershipOwnershipPct
PROP HOLDINGS LLC
901 EAST BYRD ST SUITE 150	RICHMOND	VA	23219	541738291	REAL ESTATE I	VA	UR	EXCLUDED	$1,542,246	$15,181,331	Yes (true)	$0	false	0.99000
PROP HLDNGS III LLC
901 EAST BYRD ST SUITE 150	RICHMOND	VA	23219	651229396	REAL ESTATE I	VA	UR	EXCLUDED	$12	$465,704	Yes (true)	$0	false	0.65220
ROR PARTNERSHIP
201 MARYLAND HALL	RICHMOND	VA	23173	261761403	INVEST MGMT	VA	UR	EXCLUDED	$182,658,363	$2,963,680,421	false	$17,348,429	Yes (true)	0.53401
RICHMOND FUND LP
5800 PATTERSON AVE	RICHMOND	VA	23226	261501561	INVEST MGMT	VA	RFMC	EXCLUDED	$13,940,840	$0	Yes (true)	$0	Yes (true)	0.10300
SPIDER BUYOUT HOLDINGS LP
5800 PATTERSON AVE	RICHMOND	VA	23226	364892048	INVEST MGMT	DE	SPIDER BUYOUT H	EXCLUDED	-$10,101,306	$500,926	Yes (true)	-$29,547	Yes (true)	0.50778
PROPERTY HOLDINGS V LLC
7202 GLEN FOREST DRIVE SUITE 100	RICHMOND	VA	23226	611548914	REAL ESTATE I	VA	UR	EXCLUDED	$1,464,895	$10,318,398	Yes (true)	$0	false	0.62721

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt
CHARITABLE REMAINDER TRUSTS (9)
CRT	VA	NA
CHARITABLE LEADT TRUSTS (2)
CLT	VA	NA

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	false	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	Yes (true)	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	false	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	false	LoansOrGuaranteesFromOthOrgInd
Asset Sale To Other Org	false	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	false	AssetPurchaseFromOtherOrgInd
Asset Exchange	false	AssetExchangeInd
Rental Of Facilities To Oth Org	false	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	false	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	false	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	false	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	false	SharingOfFacilitiesInd
Paid Employees Sharing	false	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	false	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	Yes (true)	TransferToOtherOrgInd
Transfer From Other Org	Yes (true)	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
THE RICHMOND FUND LP
R	$13,478,255	GAAP
THE RICHMOND FUND LP
S	$22,393,060	GAAP
ROR PARTNERSHIP
B	$22,356,162	CASH
ROR PARTNERSHIP
S	$136,531,165	CASH