LESLEY UNIVERSITY: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
LESLEY UNIVERSITY (EIN 04-2103589)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-14
IRS object ID
202521349349305537
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-14T11:45:16-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN263753134PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CBIZ ADVISORS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line153 STATE STREET 17TH FLOORAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02109ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN042103589EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LESLEY UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLESLBusinessNameControlTxt
Phone6173498500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line129 EVERETT STREETAddressLine1Txt
CityCAMBRIDGECityNm
State AbbreviationMAStateAbbreviationCd
ZIP021382790ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJANET L STEINMAYERPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6173498500PhoneNum
Signature2025-05-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRENDA L BOOTHPreparerPersonNm
PTINP01342395PTIN
Phone6178075000PhoneNum
Preparation2025-05-13PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJANET L STEINMAYERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line129 EVERETT STREETAddressLine1Txt
CityCAMBRIDGECityNm
State AbbreviationMAStateAbbreviationCd
ZIP021382790ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$334,763,611GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.LESLEY.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1909FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionLESLEY UNIVERSITY ENGAGES STUDENTS IN TRANSFORMATIVE EDUCATION THROUGH ACTIVE LEARNING, SCHOLARLY RESEARCH, DIVERSE FORMS OF ARTISTIC EXPRESSION, AND THE INTEGRATION OF RIGOROUS ACADEMICS WITH PRACTICAL, PROFESSIONAL EXPERIENCE, LEADING TO MEANINGFUL CAREERS AND CONTINUING LIFELONG LEARNING. LESLEY PREPARES SOCIALLY RESPONSIBLE GRADUATES WITH THE KNOWLEDGE, SKILLS, UNDERSTANDING AND ETHICAL JUDGMENT TO BE CATALYSTS SHAPING A MORE JUST, HUMANE, AND SUSTAINABLE WORLD.ActivityOrMissionDesc
Voting Members Governing Body17VotingMembersGoverningBodyCnt
Voting Members Independent16VotingMembersIndependentCnt
Total Employee1367TotalEmployeeCnt
Total Volunteers16TotalVolunteersCnt
Total Gross UBI$56,452TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$23NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$6,027,934PYContributionsGrantsAmt
CY Contributions Grants$11,636,489CYContributionsGrantsAmt
PY Program Service Revenue$79,066,893PYProgramServiceRevenueAmt
CY Program Service Revenue$78,218,840CYProgramServiceRevenueAmt
PY Investment Income$29,917,526PYInvestmentIncomeAmt
CY Investment Income$58,346,117CYInvestmentIncomeAmt
PY Other Revenue$2,713,968PYOtherRevenueAmt
CY Other Revenue$2,294,079CYOtherRevenueAmt
PY Total Revenue$117,726,321PYTotalRevenueAmt
CY Total Revenue$150,495,525CYTotalRevenueAmt
PY Grants And Similar Paid$16,830,045PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$17,742,478CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$59,046,777PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$60,049,044CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$352,719CYTotalFundraisingExpenseAmt
PY Other Expenses$40,941,165PYOtherExpensesAmt
CY Other Expenses$44,855,927CYOtherExpensesAmt
PY Total Expenses$116,817,987PYTotalExpensesAmt
CY Total Expenses$122,647,449CYTotalExpensesAmt
PY Revenues Less Expenses$908,334PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$27,848,076CYRevenuesLessExpensesAmt
Total Assets BOY$422,901,748TotalAssetsBOYAmt
Total Assets EOY$435,216,507TotalAssetsEOYAmt
Total Liabilities BOY$147,478,385TotalLiabilitiesBOYAmt
Total Liabilities EOY$133,236,041TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$275,423,363NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$301,980,466NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionLESLEY UNIVERSITY ENGAGES STUDENTS IN TRANSFORMATIVE EDUCATION THROUGH ACTIVE LEARNING, SCHOLARLY RESEARCH, DIVERSE FORMS OF ARTISTIC EXPRESSION, AND THE INTEGRATION OF RIGOROUS ACADEMICS WITH PRACTICAL, PROFESSIONAL EXPERIENCE, LEADING TO MEANINGFUL CAREERS AND CONTINUING LIFELONG LEARNING. LESLEY PREPARES SOCIALLY RESPONSIBLE GRADUATES WITH THE KNOWLEDGE, SKILLS, UNDERSTANDING AND ETHICAL JUDGMENT TO BE CATALYSTS SHAPING A MORE JUST, HUMANE, AND SUSTAINABLE WORLD.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$35,677,747ExpenseAmt
Revenue$78,218,840RevenueAmt
DescEXPENSES RELATED TO INSTRUCTING FULL TIME AND PART TIME STUDENTS: THE UNIVERSITY IS HOME TO A NUMBER OF IMPORTANT CENTERS AND INSTITUTES THAT CONDUCT RESEARCH, HELP SHAPE PUBLIC POLICY, AND PROVIDE CONTINUING EDUCATION AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES ACROSS A WIDE RANGE OF DISCIPLINES INCLUDING:*MATH *SPECIAL EDUCATION *LITERACY*CENTER FOR ADULT LEARNERSAT A GLANCE:*FOUNDED: 1909 *TOTAL ENROLLMENT: 3186*THRESHOLD: 57*UNDERGRADUATES: 1475*MASTER'S, C.A.G.S., PH.D. STUDENTS: 1654*TOTAL ALUMNI: 83,254*CAMPUS LOCATIONS: *CAMBRIDGE, MA LESLEY UNIVERSITY ACADEMICS:*UNDERGRADUATE STUDY:-COURSES + PROGRAMS IN CAMBRIDGE -ONLINE COURSES + PROGRAMS-COLLEGE OF ART AND DESIGN (LA+D)-COLLEGE OF LIBERAL ARTS AND BUSINESS-EDUCATION DEGREE PROGRAMS-MENTAL HEALTH & WELLBEING PROGRAMS*GRADUATE STUDY: -COURSES + PROGRAMS IN CAMBRIDGE AND MASSACHUSETTS-ONLINE COURSES + PROGRAMS- EDUCATION PROGRAMS- MENTAL HEALTH & WELLBEING PROGRAMS- ART PROGRAMS*UNIQUE PROGRAM FORMATS *CENTERS + INSTITUTES *CONTINUING EDUCATION + PROFESSIONAL DEVELOPMENT *THRESHOLD NON-DEGREE PROGRAM*ACCREDITATION: -NEW ENGLAND COMMISSION OF HIGHER EDUCATION-NATIONAL ASSOCIATION OF SCHOOLS OF ART AND DESIGN-THE BACCALAUREATE BUSINESS MANAGEMENT PROGRAM IS FULLY ACCREDITED BY THE ACCREDITATION COUNCIL FOR BUSINESS SCHOOLS & PROGRAMS (ACBSP).-THE BACHELOR OF SOCIAL WORK (BSW) IS ACCREDITED BY THE COUNCIL ON SOCIAL WORK EDUCATION (CSWE).-THE MASTER OF SOCIAL WORK (MSW) IS ACCREDITED BY THE COUNCIL ON SOCIAL WORK EDUCATION (CSWE).-THE CLINICAL MENTAL HEALTH COUNSELING: ART THERAPY IS ACCREDITED BY THE COMMISSION ON ACCREDITATION OF ALLIED HEALTH EDUCATION PROGRAMS (CAAHEP) UPON THE RECOMMENDATION OF THE ACCREDITATION COUNCIL FOR ART THERAPY EDUCATION (ACATE).-THE CLINICAL MENTAL HEALTH COUNSELING: ART THERAPY PROGRAM IS APPROVED BY THE AMERICAN ART THERAPY ASSOCIATION.-THE CLINICAL MENTAL HEALTH COUNSELING: DANCE THERAPY PROGRAM IS APPROVED BY THE AMERICAN DANCE THERAPY ASSOCIATION.-THE CLINICAL MENTAL HEALTH COUNSELING: DRAMA THERAPY PROGRAM IS ACCREDITED BY THE NORTH AMERICAN DRAMA THERAPY ASSOCIATION.-THE CLINICAL MENTAL HEALTH COUNSELING: MUSIC THERAPY PROGRAM IS APPROVED BY THE AMERICAN MUSIC THERAPY ASSOCIATIONDesc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$13,093,437ExpenseAmt
DescEXPENSES RELATED TO ACADEMIC SUPPORT WHICH INCLUDES THE EXPENSES FOR THE LIBRARY, DEAN OF STUDENTS, VARIOUS ACADEMIC DEANS AND OTHER ACADEMIC SUPPORT. ALSO, EXPENSES RELATED TO RESEARCH AND GENERAL INSTITUTIONAL OPERATIONS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$17,742,478ExpenseAmt
Grant$17,742,478GrantAmt
DescEXPENSES RELATED TO FINANCIAL AID FOR STUDENTS:THE PURPOSE OF FINANCIAL AID IS TO HELP STUDENTS ATTAIN THEIR GOAL OF A LESLEY UNIVERSITY EDUCATION, BY OFFERING FINANCIAL ASSISTANCE IN THE FORM OF GRANTS, LOANS, AND STUDENT WORK OPPORTUNITIES.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)

ExpenseExpenseAmtDescDescRevenueRevenueAmt
$11,352,224EXPENSES RELATED TO SERVICES PROVIDED TO THE STUDENT BODY, INCLUDING COUNSELING, CAREER GUIDANCE, ADMISSIONS, REGISTRAR, STUDENT ACTIVITIES, AND HEALTH SERVICES AS WELL AS EXPENSES RELATED TO ATHLETIC PROGRAMS.
$17,256,223AUXILIARY ENTERPRISES AND PLANT OPERATIONS$718,357
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$28,608,447TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$718,357TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$95,122,109TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document322IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee1367EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members17GoverningBodyVotingMembersCnt
Independent Voting Member16IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJANET STEINMAYER PRESIDENTPersonNm
Phone6173498500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line129 EVERETT STREETAddressLine1Txt
CityCAMBRIDGECityNm
State AbbreviationMAStateAbbreviationCd
ZIP021382790ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (35 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
JANET L STEINMAYER
PRESIDENT40.00Yes (X)Yes (X)$610,150$0$35,841
MR ART BARDIGE
TRUSTEE1.00Yes (X)$0$0$0
MR DAVID B SMITH
TRUSTEE1.00Yes (X)$0$0$0
MR DAVID I NEWTON
TRUSTEE1.00Yes (X)$0$0$0
MR HANS D STRAUCH
TRUSTEE, CHAIR1.00Yes (X)Yes (X)$0$0$0
MR HAROLD BELODOFF
TRUSTEE, VICE CHAIR, TREASURER1.00Yes (X)Yes (X)$0$0$0
MR MICHAEL E MOONEY
TRUSTEE1.00Yes (X)$0$0$0
MR THOMAS N RILEY
TRUSTEE1.00Yes (X)$0$0$0
MRS DEBORAH SCHWARTZ RAIZES
TRUSTEE1.00Yes (X)$0$0$0
MS BARBARA WEINSTEIN RUSSELL
TRUSTEE, VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
MS CECELIA FITZGIBBON
TRUSTEE1.00Yes (X)$0$0$0
MS GEORGETTE CHAPMAN PHILLIPS
TRUSTEE1.00Yes (X)$0$0$0
MS JUANITA JAMES
TRUSTEE, VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
MS LYNDA LEE SHERIDAN
TRUSTEE, CLERK1.00Yes (X)Yes (X)$0$0$0
MS NINA HOUGHTON
TRUSTEE1.00Yes (X)$0$0$0
MS SUSAN LUICK GOOD
TRUSTEE1.00Yes (X)$0$0$0
MS VERONICA OHANIAN HEATH
TRUSTEE1.00Yes (X)$0$0$0
JOANNE KOSSUTH
COO40.00Yes (X)$251,170$0$24,957
MARY-JANE MACLAUGHLIN
CHIEF HR OFFICER40.00Yes (X)$256,371$0$30,613
SHIRIN PHILIPP
VP & GENERAL COUNSEL40.00Yes (X)$262,692$0$24,249
DEANNA YAMEEN
INTERIM PROVOST40.00Yes (X)$264,206$0$36,545
MICHAEL J HOYLE
PH.D., VP FINANCE/CFO40.00Yes (X)$0$0$0
AMY DEINES
DEAN OF ART & DESIGN (UNTIL 6/23)40.00$219,890$0$9,225Yes (X)
NATHANIEL G MAYS
DEAN OF STUDENTS40.00$194,012$0$12,064Yes (X)
STEVEN S SHAPIRO
VICE PROVOST FOR LIBERAL ARTS & BUSINESS40.00$174,521$0$40,991Yes (X)
STEPHANIE SPADORCIA
VICE PROVOST FOR EDUCATION40.00$150,492$0$17,215Yes (X)
MEENAKSHI CHHABRA
VICE PROVOST FOR MENTAL HEALTH & WELLBEING40.00$153,075$0$31,030Yes (X)
HEATHER SHAW
VICE PROVOST FOR ART & DESIGN40.00$150,431$0$9,115Yes (X)
IRENE FOUNTAS
DIRECTOR READING RECOVERY40.00$191,108$0$36,183Yes (X)
ATASOYLU AYSE
DIRECTOR OF STUDENT HEALTH SERVICES20.00$204,541$0$21,278Yes (X)
GLORIA NORONHA
VP EQUITY DIVERSITY INCLUSION AND JUSTICE40.00$211,122$0$22,882Yes (X)
ANDREW DEMELIA
AVP - OPERATION40.00$185,060$0$17,493Yes (X)
EMMA STELLMAN
MANAGING DIRECTOR OF OFFICE OF PARTNERSHIPS40.00$190,607$0$25,179Yes (X)
AMY E RUTSTEIN-RILEY
DEAN OF GSOE (UNTIL 6/23)40.00$104,267$0$7,101Yes (X)
JONATHAN K JEFFERSON
FORMER SP. ADVSR. TO THE PRES.40.00$297,942$0$22,840Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$4,071,657TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$424,801TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K103IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
SHAWMUT DESIGN CONSTRUCTION
560 HARRISON AVEBOSTONMA02118CONSTRUCTION$5,692,982
ARAMARK SERVICES
LOCKBOX 978839DALLASTX75397DINING SERVICES$3,100,205
UG2 LLC
ONE INTERNATIONAL PLACE THIRD FLOOBOSTONMA02110FACILITY SERVICES$2,676,182
CENTERBROOK ARCHITECTS AND PLANNERS LLP
PO BOX 955CENTERBROOKCT064090955ARCHITECTURAL SERVICES$1,691,944
VANTAGE BUILDERS INC
204 SECOND AVEWALTHAMMA02451CONSTRUCTION$1,329,122
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K40CntrctRcvdGreaterThan100KCnt
Government Grants$2,679,565GovernmentGrantsAmt
All Other Contributions$8,956,924AllOtherContributionsAmt
Noncash Contributions$394,407NoncashContributionsAmt
Total Contributions$11,636,489TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescTUITION AND FEESDesc
Business900099BusinessCd
Total Revenue Column$78,218,840TotalRevenueColumnAmt
Related Or Exempt Func Income$78,218,840RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$78,218,840TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,167,551TotalRevenueColumnAmt
Unrelated Business Revenue$29,668UnrelatedBusinessRevenueAmt
Exclusion$2,137,883ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$2,989,479RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$1,440,541RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$1,548,938RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,548,938TotalRevenueColumnAmt
Exclusion$1,548,938ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$174,906,111SecuritiesAmt
Other$64,100,000OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$161,951,827SecuritiesAmt
Other$20,875,718OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$12,954,284SecuritiesAmt
Other$43,224,282OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$56,178,566TotalRevenueColumnAmt
Exclusion$56,178,566ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
OTHER INCOME900099$718,357$718,357
PARKING LOT INCOME812930$26,784$26,784
FieldValueIRS element (for citing)
Other Revenue Total$745,141OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$150,495,525TotalRevenueColumnAmt
Related Or Exempt Func Income$78,937,197RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$56,452UnrelatedBusinessRevenueAmt
Exclusion$59,865,387ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$17,742,478TotalAmt
Program Services$17,742,478ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$3,092,368TotalAmt
Program Services$1,546,184ProgramServicesAmt
Management And General$1,546,184ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$44,418,468TotalAmt
Program Services$35,833,782ProgramServicesAmt
Management And General$8,321,710ManagementAndGeneralAmt
Fundraising$262,976FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$2,883,788TotalAmt
Program Services$2,194,623ProgramServicesAmt
Management And General$671,941ManagementAndGeneralAmt
Fundraising$17,224FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$6,519,868TotalAmt
Program Services$4,961,756ProgramServicesAmt
Management And General$1,519,170ManagementAndGeneralAmt
Fundraising$38,942FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$3,134,552TotalAmt
Program Services$2,385,460ProgramServicesAmt
Management And General$730,370ManagementAndGeneralAmt
Fundraising$18,722FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$839,121TotalAmt
Management And General$839,121ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$169,675TotalAmt
Management And General$169,675ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$6,000TotalAmt
Program Services$6,000ProgramServicesAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$955,871TotalAmt
Management And General$955,871ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$124,482TotalAmt
Program Services$62,241ProgramServicesAmt
Management And General$62,241ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$553,102TotalAmt
Program Services$547,553ProgramServicesAmt
Management And General$5,549ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$898,042TotalAmt
Program Services$453,867ProgramServicesAmt
Management And General$443,925ManagementAndGeneralAmt
Fundraising$250FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$3,886,969TotalAmt
Program Services$298,715ProgramServicesAmt
Management And General$3,588,254ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$6,459,940TotalAmt
Program Services$6,285,655ProgramServicesAmt
Management And General$174,285ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,151,607TotalAmt
Program Services$1,037,932ProgramServicesAmt
Management And General$99,070ManagementAndGeneralAmt
Fundraising$14,605FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$108,035TotalAmt
Program Services$100,426ProgramServicesAmt
Management And General$7,609ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$5,030,704TotalAmt
Program Services$3,468,456ProgramServicesAmt
Management And General$1,562,248ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$7,615,799TotalAmt
Program Services$5,855,692ProgramServicesAmt
Management And General$1,760,107ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,201,965TotalAmt
Program Services$84,910ProgramServicesAmt
Management And General$1,117,055ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
CUSTODIAL CONTRACTS$5,185,490$5,185,490
FOOD SERVICE$4,067,114$4,067,114
MISC.$4,007,238$1,490,858$2,516,380
SECURITY CONTRACTS$1,040,996$1,040,996

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,553,777TotalAmt
Program Services$471,921ProgramServicesAmt
Management And General$1,081,856ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$122,647,449TotalAmt
Program Services$95,122,109ProgramServicesAmt
Management And General$27,172,621ManagementAndGeneralAmt
Fundraising$352,719FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,622,286BOYAmt
EOY$16,143,686EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,651,184BOYAmt
EOY$1,941,641EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,465,641BOYAmt
EOY$1,820,635EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$11,556,464BOYAmt
EOY$3,939,977EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$478,256BOYAmt
EOY$350,300EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$5,551,671BOYAmt
EOY$5,791,115EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$320,675,813LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$104,081,645LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$204,642,979BOYAmt
EOY$216,594,168EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$50,624,046BOYAmt
EOY$69,899,729EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$136,154,818BOYAmt
EOY$113,673,600EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$7,154,403BOYAmt
EOY$5,061,656EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$422,901,748BOYAmt
EOY$435,216,507EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$14,795,718BOYAmt
EOY$14,382,226EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$267,452BOYAmt
EOY$13,466EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$8,703,459BOYAmt
EOY$7,842,176EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$113,478,736BOYAmt
EOY$109,626,266EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$9,000,000BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,233,020BOYAmt
EOY$1,371,907EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$147,478,385BOYAmt
EOY$133,236,041EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$232,580,258BOYAmt
EOY$254,199,249EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$42,843,105BOYAmt
EOY$47,781,217EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$275,423,363BOYAmt
EOY$301,980,466EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$422,901,748BOYAmt
EOY$435,216,507EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$27,848,076ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$1,290,973NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,657,150CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$25,676,649CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$13,123,975CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,027,934CurrentTaxYearMinus1YearAmt
Current Tax Year$11,636,489CurrentTaxYearAmt
Total$62,122,197TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,657,150CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$25,676,649CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$13,123,975CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,027,934CurrentTaxYearMinus1YearAmt
Current Tax Year$11,636,489CurrentTaxYearAmt
Total$62,122,197TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$62,122,197PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,653,876CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,127,055CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,151,181CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,033,296CurrentTaxYearMinus1YearAmt
Current Tax Year$5,127,362CurrentTaxYearAmt
Total$26,092,770TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$35,970CurrentTaxYearMinus3YearsAmt
Total$35,970TotalAmt
FieldValueIRS element (for citing)
Total Support$88,250,937TotalSupportAmt
Gross Receipts Rltd Activities$416,846,389GrossReceiptsRltdActivitiesAmt
Public Support CY1700.70390PublicSupportCY170Pct
Public Support PY1700.64090PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact Legislators0DirectContactLegislatorsInd
Rallies Demonstrations0RalliesDemonstrationsInd
Other ActivitiesYes (1)OtherActivitiesInd
Other Activities$6,000OtherActivitiesAmt
Total Lobbying Expenditures$6,000TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationTHE UNIVERSITY PAID MARTY WALZ ASSOCIATES $6,000 FOR STATE SUPPORT OF READING RECOVERY PROJECTS.ExplanationTxt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$188,022,581BeginningYearBalanceAmt
Contributions$196,609ContributionsAmt
Investment Earnings Or Losses$12,528,763InvestmentEarningsOrLossesAmt
Other Expenditures$15,833,084OtherExpendituresAmt
End Year Balance$184,914,869EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$185,227,145BeginningYearBalanceAmt
Contributions$1,448,050ContributionsAmt
Investment Earnings Or Losses$17,210,120InvestmentEarningsOrLossesAmt
Other Expenditures$15,862,734OtherExpendituresAmt
End Year Balance$188,022,581EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$225,475,609BeginningYearBalanceAmt
Contributions$2,448,309ContributionsAmt
Investment Earnings Or Losses-$27,320,284InvestmentEarningsOrLossesAmt
Other Expenditures$15,376,489OtherExpendituresAmt
End Year Balance$185,227,145EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$186,239,101BeginningYearBalanceAmt
Contributions$1,534,696ContributionsAmt
Investment Earnings Or Losses$49,134,801InvestmentEarningsOrLossesAmt
Other Expenditures$11,432,989OtherExpendituresAmt
End Year Balance$225,475,609EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$187,972,289BeginningYearBalanceAmt
Contributions$646,066ContributionsAmt
Investment Earnings Or Losses$8,841,975InvestmentEarningsOrLossesAmt
Other Expenditures$11,221,229OtherExpendituresAmt
End Year Balance$186,239,101EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.81640BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.18360PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$23,558,439OtherCostOrOtherBasisAmt
Book Value$23,558,439BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$128,234,138OtherCostOrOtherBasisAmt
Depreciation$36,417,516DepreciationAmt
Book Value$91,816,622BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$93,464,982OtherCostOrOtherBasisAmt
Depreciation$45,362,182DepreciationAmt
Book Value$48,102,800BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$27,873,937OtherCostOrOtherBasisAmt
Depreciation$22,301,947DepreciationAmt
Book Value$5,571,990BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$47,544,317OtherCostOrOtherBasisAmt
Book Value$47,544,317BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$216,594,168TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (5 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
INTERNATIONAL EQUITIES$55,225,204F
PRIVATE REAL ASSETS$10,850,803F
PRIVATE EQUITIES$29,929,597F
FIXED INCOME$16,332,685F
HEDGE FUNDS$1,335,311F
FieldValueIRS element (for citing)
Total Book Value Securities$113,673,600TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOBLIGATION TO EMPLOYEES FOR RETIREMENTDesc
Amt$1,371,907Amt
FieldValueIRS element (for citing)
Total Liability$1,371,907TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$149,689,222TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$1,290,973NetUnrealizedGainsInvstAmt
Other Revenue$1,440,541OtherRevenueAmt
Revenue Not Reported$149,568RevenueNotReportedAmt
Revenue Subtotal$149,539,654RevenueSubtotalAmt
Investment Expenses Not Incld$955,871InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$955,871RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$150,495,525TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$123,132,119TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$1,440,541OtherExpensesIncludedAmt
Expenses Not Reported$1,440,541ExpensesNotReportedAmt
Expenses Subtotal$121,691,578ExpensesSubtotalAmt
Investment Expenses Not Incld2$955,871InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$955,871ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$122,647,449TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:THE UNIVERSITY'S ENDOWMENT INCLUDES APPROXIMATELY 120 INDIVIDUAL FUNDS WHICH ARE INVESTED AND ADMINISTERED IN ACCORDANCE WITH DONOR STIPULATION. THE BOARD ALSO INVESTS CERTAIN FUNDS AS IF THEY ARE ENDOWMENT, HOWEVER THOSE ARE SUBJECT TO BOARD OVERSIGHT RATHER THAN STATE LAW. THE UNIVERSITY TRACKS THE VALUE OF ORIGINAL GIFTS TO ITS ENDOWMENT TYPE FUNDS AS WELL AS THE APPRECIATION OVER TIME, LESS ANY SPENDING UNDER ITS SPENDING POLICIES. SUCH APPRECIATION FOLLOWS THE ORIGINAL GIFT INSTRUMENT THAT UNDERLIES THE RELATED FUNDS. THE UNIVERSITY'S INVESTMENTS ARE MANAGED IN ACCORDANCE WITH SOUND PRACTICES EMPHASIZING LONG-TERM FUNDAMENTALS TO ACHIEVE LONG-TERM RATES OF RETURN, TO MAINTAIN PURCHASING POWER OF THE FUNDS, AND TO PROVIDE FOR CURRENT SPENDING. INVESTMENTS ARE DIVERSIFIED TO REDUCE VOLATILITY AND RISK ASSOCIATED WITH CONCENTRATED POSITIONS, AND RETURNS SOUGHT ARE THOSE COMPARING FAVORABLY TO OTHER ENDOWMENTS, FOUNDATIONS AND APPROPRIATE BENCHMARKS. PORTFOLIO VOLATILITY IS INTENDED TO APPROXIMATE THE WEIGHTED COMPOSITE OF MARKET INDICES CORRELATING WITH THE POLICY TARGET PORTFOLIO, PERIODICALLY ADJUSTED FOR MARKET CONDITIONS. A DIVERSIFIED TARGET ASSET ALLOCATION PLACES EMPHASIS ON EQUITIES, FIXED INCOME, REAL ESTATE AND MANAGERS EMPLOYING MULTI-ASSET AND ABSOLUTE RETURN STRATEGIES.
PART X, LINE 2:THE UNIVERSITY ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE UNIVERSITY HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AND ITS DETERMINATIONS AS TO WHAT INCOME IS RELATED AND UNRELATED AS ITS ONLY SIGNIFICANT TAX POSITIONS; HOWEVER, THE UNIVERSITY HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE UNIVERSITY IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. THE UNIVERSITY'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED.
PART XI, LINE 2D - OTHER ADJUSTMENTS:RENTAL EXPENSES 1,440,541.
PART XII, LINE 2D - OTHER ADJUSTMENTS:RENTAL EXPENSES 1,440,541.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3LESLEY UNIVERSITY'S RACIALLY NONDISCRIMINATORY POLICY IS WIDELY PUBLICIZED THROUGH A VARIETY OF PRINT AND ELECTRONIC MEDIA. THE NOTIFICATION LANGUAGE SET FORTH IN SECTION 403 OF REV. PROC. 75-50 IS INCLUDED IN LESLEY'S BROCHURES AND OTHER PUBLICATIONS WHICH ARE AVAILABLE TO THE GENERAL PUBLIC.
SCHEDULE E, PART I, LINE 6THE UNIVERSITY AND ITS STUDENTS PARTICIPATE IN FINANCIAL AID AND ASSISTANCE FROM THE FEDERAL GOVERNMENT IN THE FORM OF FEDERAL PROGRAMS AND GRANTS ADMINISTERED BY THE DEPARTMENT OF EDUCATION.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
CENTRAL AMERICA AND THE CARIBBEAN00INVESTING$4,850,682
NORTH AMERICA00INVESTING$7,198,194
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$12,048,876SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$12,048,876TotalSpentAmt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient1784RecipientCnt
Cash Grant$17,742,478CashGrantAmt
Valuation Method UsedFMVValuationMethodUsedDesc
Non Cash AssistanceSCHOLARSHIPS ARE GIVEN OUT AS BURSAR CREDITS TO THE STUDENT'S ACCOUNT.NonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationALL GRANTS PROVIDED BY THE UNIVERSITY ARE FOR FINANCIAL AID TO STUDENTS. GRANTS AND OTHER ASSISTANCE ARE RELATED TO INSTITUTIONAL FINANCIAL AID FOR WHICH STUDENTS APPLY THROUGH THE FINANCIAL AID OFFICE. ALL AID IS AWARDED BASED ON CERTAIN GUIDELINES AND IS CREDITED DIRECTLY TO STUDENTS' TUITION ACCOUNTS. ALL AWARDS ARE DIRECTLY RELATED TO THE STUDENTS' EDUCATION AT THE INSTITUTION'S PHYSICAL LOCATION AND ONLINE COURSES. STUDENTS ARE REQUIRED TO MAINTAIN SATISFACTORY ACADEMIC PROGRESS IN ORDER TO CONTINUE TO RECEIVE FINANCIAL AID.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (18 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JANET L STEINMAYER
PRESIDENT$608,428$0$0$0$1,722$0$30,000$0$5,841$0$645,991$0$0$0
JONATHAN K JEFFERSON
FORMER SP. ADVSR. TO THE PRES.$286,358$0$10,000$0$1,584$0$21,088$0$1,752$0$320,782$0$0$0
DEANNA YAMEEN
INTERIM PROVOST$262,622$0$0$0$1,584$0$30,000$0$6,545$0$300,751$0$0$0
MARY-JANE MACLAUGHLIN
CHIEF HR OFFICER$255,339$0$0$0$1,032$0$22,780$0$7,833$0$286,984$0$0$0
SHIRIN PHILIPP
VP & GENERAL COUNSEL$262,140$0$0$0$552$0$23,697$0$552$0$286,941$0$0$0
JOANNE KOSSUTH
COO$249,586$0$0$0$1,584$0$13,107$0$11,850$0$276,127$0$0$0
GLORIA NORONHA
VP EQUITY DIVERSITY INCLUSION AND JU$210,940$0$0$0$182$0$22,500$0$382$0$234,004$0$0$0
AMY DEINES
DEAN OF ART & DESIGN (UNTIL 6/23)$183,502$0$0$0$36,388$0$4,032$0$5,193$0$229,115$0$0$0
IRENE FOUNTAS
DIRECTOR READING RECOVERY$189,897$0$0$0$1,211$0$30,000$0$6,183$0$227,291$0$0$0
ATASOYLU AYSE
DIRECTOR OF STUDENT HEALTH SERVICES$203,700$0$0$0$841$0$12,282$0$8,996$0$225,819$0$0$0
EMMA STELLMAN
MANAGING DIRECTOR OF OFFICE OF PARTN$175,106$0$0$0$15,501$0$21,888$0$3,291$0$215,786$0$0$0
STEVEN S SHAPIRO
VICE PROVOST FOR LIBERAL ARTS & BUSI$173,804$0$0$0$717$0$27,348$0$13,643$0$215,512$0$0$0
NATHANIEL G MAYS
DEAN OF STUDENTS$193,264$0$0$0$748$0$9,742$0$2,322$0$206,076$0$0$0
ANDREW DEMELIA
AVP - OPERATION$184,525$0$0$0$535$0$16,958$0$535$0$202,553$0$0$0
MEENAKSHI CHHABRA
VICE PROVOST FOR MENTAL HEALTH & WEL$152,415$0$0$0$660$0$30,000$0$1,030$0$184,105$0$0$0
STEPHANIE SPADORCIA
VICE PROVOST FOR EDUCATION$150,270$0$0$0$222$0$4,345$0$12,870$0$167,707$0$0$0
HEATHER SHAW
VICE PROVOST FOR ART & DESIGN$150,336$0$0$0$95$0$9,020$0$95$0$159,546$0$0$0
AMY E RUTSTEIN-RILEY
DEAN OF GSOE (UNTIL 6/23)$93,796$0$10,000$0$471$0$4,855$0$2,246$0$111,368$0$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1ATHE PRESIDENT RESIDES IN UNIVERSITY-OWNED HOUSING, CLOSE TO CAMPUS. BY LOCATING HER IN CLOSE PROXIMITY TO THE UNIVERSITY, IT HELPS TO MAKE THE PRESIDENT AVAILABLE FOR THE DAILY INTERACTION BETWEEN THE COMMUNITY AND THE UNIVERSITY STAFF/STUDENTS/ALUMNI/DONORS AND PHYSICAL PLANTS. THE UNIVERSITY-PROVIDED HOUSING IS GEOGRAPHICALLY INTEGRATED WITH THE UNIVERSITY'S EDUCATIONAL PROPERTY. THE PRESIDENT PERFORMS MANY UNIVERSITY TASKS AND FUNCTIONS AT THE RESIDENCE. THE RESIDENCE IS FURNISHED FOR THE CONVENIENCE OF THE UNIVERSITY AND IS REQUIRED TO BE OCCUPIED BY THE PRESIDENT AS A CONDITION OF HER EMPLOYMENT. AS THE UNIVERSITY'S PRINCIPAL FUND-RAISER, THE PRESIDENT ENTERTAINS ACTUAL OR POTENTIAL BENEFACTORS, VISITING DIGNITARIES AND COMMUNITY LEADERS IN THE RESIDENCE. THE HEAVINESS OF THE PRESIDENT'S ADMINISTRATIVE WORKLOAD, THE PRESENCE OF UNIVERSITY-RELATED SOCIAL FUNCTIONS AND THE NUMBER OF CONFERENCES SCHEDULED WITH STUDENTS OR FACULTY MEMBERS REQUIRE ACCESS TO THE MAJORITY OF THE RESIDENCE. IN ADDITION, THE UNIVERSITY CONDUCTS OTHER EVENTS THAT ARE ESSENTIAL TO ITS EDUCATIONAL EXEMPTION. IN LIEU OF THE AFOREMENTIONED INTRICACIES OF MULTIPLE USES BY MANY MULTIPLE PARTIES INVOLVED, IT IS IMPRACTICAL AND WOULD NOT BE CONSIDERED AN ACCURATE CALCULATION OF THE FAIR MARKET VALUE OF QUALIFIED CAMPUS LODGING FURNISHED TO THE PRESIDENT. DUE TO THESE FACTORS, THE UNIVERSITY HAS DECIDED TO OMIT ENTERING THE ESTIMATED AMOUNT OF TAX FREE HOUSING ALLOWANCE PROVIDED IN COLUMN F OF FORM 990, PART VII, SECTION A AND SCHEDULE J, PART II, COLUMN D - "NONTAXABLE BENEFITS". THE UNIVERSITY PROVIDES A HOUSE CLEANER FOR THE PRESIDENT AND ALSO PERFORMS ALL NECESSARY MAINTENANCE ON THE HOME.
PART I, LINE 4AAMY DEINES RECEIVED A SEVERANCE PAYMENT OF $36,081 IN CALENDAR 2023. EMMA STELLMAN RECEIVED A SEVERANCE PAYMENT OF $15,300 IN CALENDAR 2023.
PART I, LINE 7AMY RUTSTEIN-RILEY RECEIVED A DISCRETIONARY BONUS IN CALENDAR 2023.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
MASS HEALTH AND EDUCATIONAL FACILITIES AUTHORITY
A04245601157586EGP02009-03-10$56,221,393FUND NEW CAPITAL PROJECTS000
MASS DEVELOPMENT FINANCE AGENCY
B04343181457583R7Z22011-03-30$32,013,314REFINANCE EXISTING DEBT AND FUND NEW CAPITAL PROJECTS000
MASS DEVELOPMENT FINANCE AGENCY
C0434318140000000002012-08-20$5,030,300REFINANCE EXISTING DEBT000
MASS DEVELOPMENT FINANCE AGENCY
D04343181457584XVS72016-09-13$45,905,000REFINANCE EXISTING DEBT AND FUND NEW CAPITAL PROJECTS000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndRefunding EscrowRefundingEscrowAmt
A$54,313,641$56,221,393$1,133,826$24,146$611,025$827,429$49,848,618$28,687201000Yes (1)Yes (1)
B$32,013,314$1,606,958-$49,929$497,603$500,819$3,872,932$1,672,79620130Yes (1)Yes (1)Yes (1)
C$5,030,300$42820120Yes (1)Yes (1)Yes (1)
D$55,979,787$18,717$544,696$5,053,4130Yes (1)Yes (1)Yes (1)$53,211,326

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A00000.013100.0131000Yes (1)
B00000.030200.0302000Yes (1)
C00000.002500.0025000Yes (1)
D00000.011400.0114000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A000Yes (1)0000Yes (1)
B000Yes (1)0000Yes (1)
C00Yes (1)00000Yes (1)
D0Yes (1)0000000

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)
CYes (1)
DYes (1)

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceDATE REBATE COMPUTATION PERFORMEDFormAndLineReferenceDesc
ExplanationISSUER NAME: MASS. HEALTH AND EDUCATIONAL FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2017 ISSUER NAME: MASS. DEVELOPMENT FINANCE AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2017ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
MASS DEVELOPMENT FINANCE AGENCY
A043431815575844CC12017-12-27$9,905,000REFINANCE EXISTING DEBT000
MASS DEVELOPMENT FINANCE AGENCY
B04343181457584YTV12019-08-02$30,510,625REFINANCE EXISTING DEBT AND FUND NEW CAPITAL PROJECTS000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndBond DefeasedBondDefeasedAmt
A$11,243,556$252,142$10,991,41400Yes (1)Yes (1)
B$30,510,625$304,728$6,000,0000Yes (1)0Yes (1)$24,205,897

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A00000.022500.0225000Yes (1)
B00000.013100.0131000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A0Yes (1)000000Yes (1)
B0Yes (1)0000000

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution4ContributionCnt
Noncash Contributions Rpt F990$379,047NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescGIFT-IN-KINDDesc
Contribution1ContributionCnt
Noncash Contributions Rpt F990$15,360NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE M, PART I, COLUMN BFormAndLineReferenceDesc
ExplanationAMOUNTS REPORTED IN PART I, COLUMN B, REPRESENT THE TOTAL NUMBER OF CONTRIBUTIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
LINE 4A CONTINUATION:CORE VALUES INQUIRY: LESLEY UNIVERSITY IS DEVOTED TO ACADEMIC EXCELLENCE THROUGH ACTIVE TEACHING, ENGAGED LEARNING, AND INDIVIDUAL STUDENT DEVELOPMENT. WE DESIGN AND DELIVER INNOVATIVE, INTERDISCIPLINARY ACADEMIC PROGRAMS THAT VALUE INSPIRED TEACHERS, CURIOUS LEARNERS, RELEVANT SCHOLARSHIP, AND REAL-LIFE APPLICATION. COMMUNITY: LEARNING IS AN INDIVIDUAL AND COLLECTIVE ENDEAVOR THAT INVOLVES STUDENTS, EDUCATORS, FAMILIES, AND COMMUNITIES. WE BELIEVE IN THE POWER OF COLLABORATION AND ITS IMPACT ON PERSONAL AND SOCIAL DEVELOPMENT. DIVERSITY: OUR COMMUNITY RESPECTS, VALUES, AND BENEFITS FROM THE INDIVIDUAL, DEMOGRAPHIC AND CULTURAL DIFFERENCES OF OUR STUDENTS, FACULTY, AND STAFF. AS AN ACADEMIC COMMUNITY, OUR CREATIVITY, CRITICAL THINKING, AND PROBLEM-SOLVING APPROACHES ARE SHAPED BY THIS DIVERSITY. THROUGH THEIR VARIED LEARNING EXPERIENCES, LESLEY STUDENTS DEVELOP THE TOOLS TO EFFECTIVELY INTERACT WITH DIVERSE POPULATIONS AND STRIVE FOR SOCIAL JUSTICE AND EQUITY. CITIZENSHIP: HIGHER EDUCATIONAL INSTITUTIONS HAVE A RESPONSIBILITY TO PREPARE THEIR GRADUATES TO PARTICIPATE IN THE CULTURAL, POLITICAL AND ECONOMIC LIFE OF THEIR COMMUNITY, NATION AND WORLD. THIS DEMOCRATIC IDEAL IS REFLECTED IN LESLEY'S ACADEMIC ENVIRONMENT THAT ENCOURAGES SCHOLARSHIP, FREEDOM OF EXPRESSION, AND THE OPEN EXCHANGE OF IDEAS.
FORM 990, PART VI, SECTION B, LINE 11BONCE MANAGEMENT REVIEWS THE 990, IT IS FORWARDED TO THE AUDIT COMMITTEE FOR REVIEW. IT IS ALSO PLACED ON A SECURE WEBSITE FOR ALL THE TRUSTEES TO REVIEW PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CEACH YEAR, EACH MEMBER OF THE BOARD OF TRUSTEES, ALL OFFICERS AND EACH KEY EMPLOYEE IS ASKED TO REVIEW THE UNIVERSITY'S CONFLICT OF INTEREST POLICY AND SUBMIT A DISCLOSURE STATEMENT REGARDING ANY CONFLICTS OF INTEREST THEY MAY HAVE. NEW TRUSTEES AND KEY EMPLOYEES ARE ASKED TO REVIEW THE POLICY AND SUBMIT A DISCLOSURE STATEMENT REGARDING ANY CONFLICTS OF INTEREST THEY MAY HAVE UPON COMMENCEMENT OF THEIR TERM OR THEIR EMPLOYMENT. THE ASSISTANT CLERK COLLECTS THE DISCLOSURE STATEMENTS. THE POLICY DESCRIBES A PROCESS FOR THE REVIEW OF POTENTIAL AND ACTUAL CONFLICTS OF INTEREST BY THE BOARD OF TRUSTEES OR A COMMITTEE OF THE BOARD.
FORM 990, PART VI, SECTION B, LINE 15APRESIDENT STEINMAYER'S EMPLOYMENT AGREEMENT AND COMPENSATION WERE REVIEWED AND APPROVED IN ADVANCE BY THE INDEPENDENT MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES. IN MAKING ITS DECISION, THE BOARD OF TRUSTEES REVIEWED COMPARABILITY DATA PROVIDED BY A THIRD- PARTY COMPENSATION CONSULTANT. THE BOARD'S DECISION WAS CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES OF THE BOARD MEETING.
FORM 990, PART VI, SECTION C, LINE 19ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. OUR FORMS 990 (CURRENT AND PRIOR THREE YEARS) ARE ALSO AVAILABLE ON THE OFFICIAL WEBSITE OF THE ATTORNEY GENERAL OF MASSACHUSETTS AT WWW.CHARITIES.AGO.STATE.MA.US AND GUIDESTAR AT WWW2.GUIDESTAR.ORG. WE ALSO MAKE OUR FORM 990, IRS DETERMINATION LETTER, FORM 990-T, ARTICLES OF ORGANIZATION, AND BYLAWS AVAILABLE TO THE PUBLIC UPON REQUEST. OUR AUDITED FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE OFFICIAL WEBSITE OF THE ATTORNEY GENERAL OF MASSACHUSETTS AT WWW.CHARITIES.AGO.STATE.MA.US. AUDITED FINANCIAL STATEMENTS AND SUMMARY REPORTS ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE AT HTTPS://LESLEY.EDU/ABOUT/ACCREDITATIONS-LICENSURE-STATE-APPROVALS

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