ELON UNIVERSITY: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: ELON UNIVERSITY (EIN 56-0532303)
Tax period: 2020-06-01 to 2021-05-31
Filed: 2022-04-13
IRS object ID: 202211039349300506
Schema version: 2020v4.0
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 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	2022-04-13T08:30:21-05:00	ReturnTs
Tax Period End	2021-05-31	TaxPeriodEndDt
Return Type	990	ReturnTypeCd
Tax Period Begin	2020-06-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	560532303	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Elon University	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	ELON	BusinessNameControlTxt
Phone	3362785428	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 398	AddressLine1Txt
City	Elon	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27244	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Janet Williams	PersonNm
Person Title	V.P. for Finance & Admin.	PersonTitleTxt
Signature	2022-04-13	SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	Janet	PersonFirstNm
Person Last	Williams	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
Tax	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Dr Constance L Book	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 398	AddressLine1Txt
City	Elon	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27244	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$395,764,319	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	www.ELON.edu	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1889	FormationYr
Legal Domicile State	NC	LegalDomicileStateCd
Activity Or Mission	ELON UNIVERSITY'S MISSION IS TO TRANSFORM THE MIND, BODY, AND SPIRIT AND ENCOURAGE FREEDOM OF THOUGHT AND LIBERTY OF CONSCIENCE. THE UNIVERSITY PROVIDES A LIBERAL ARTS UNDERGRADUATE CURRICULUM AND GRADUATE PROGRAMS.	ActivityOrMissionDesc
Voting Members Governing Body	40	VotingMembersGoverningBodyCnt
Voting Members Independent	39	VotingMembersIndependentCnt
Total Employee	4432	TotalEmployeeCnt
Total Volunteers	3320	TotalVolunteersCnt
Total Gross UBI	$4,552,942	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$1,297,124	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$19,741,647	PYContributionsGrantsAmt
CY Contributions Grants	$29,039,013	CYContributionsGrantsAmt
PY Program Service Revenue	$302,783,053	PYProgramServiceRevenueAmt
CY Program Service Revenue	$314,993,716	CYProgramServiceRevenueAmt
PY Investment Income	$2,089,457	PYInvestmentIncomeAmt
CY Investment Income	$1,057,825	CYInvestmentIncomeAmt
PY Other Revenue	$3,839,334	PYOtherRevenueAmt
CY Other Revenue	$7,131,649	CYOtherRevenueAmt
PY Total Revenue	$328,453,491	PYTotalRevenueAmt
CY Total Revenue	$352,222,203	CYTotalRevenueAmt
PY Grants And Similar Paid	$59,253,332	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$62,203,963	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$149,309,871	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$148,012,249	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$26,671	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$36,280	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$5,718,241	CYTotalFundraisingExpenseAmt
PY Other Expenses	$106,206,816	PYOtherExpensesAmt
CY Other Expenses	$92,858,505	CYOtherExpensesAmt
PY Total Expenses	$314,796,690	PYTotalExpensesAmt
CY Total Expenses	$303,110,997	CYTotalExpensesAmt
PY Revenues Less Expenses	$13,656,801	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$49,111,206	CYRevenuesLessExpensesAmt
Total Assets BOY	$894,169,284	TotalAssetsBOYAmt
Total Assets EOY	$1,051,841,524	TotalAssetsEOYAmt
Total Liabilities BOY	$247,894,020	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$281,219,718	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$646,275,264	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$770,621,806	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	ELON UNIVERSITY'S MISSION IS TO TRANSFORM MIND, BODY, AND SPIRIT AND ENCOURAGE FREEDOM OF THOUGHT AND LIBERTY OF CONSCIENCE. THE UNIVERSITY PROVIDES A LIBERAL ARTS UNDERGRADUATE CURRICULUM AND GRADUATE PROGRAMS.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$158,278,766	ExpenseAmt
Grant	$58,605,469	GrantAmt
Revenue	$262,539,449	RevenueAmt
Desc	INSTRUCTION - EXPENSES RELATED TO PROVIDING THE PRIMARY PURPOSE OF EDUCATION FOR UNDERGRADUATE AND GRADUATE STUDENTS.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$46,029,841	ExpenseAmt
Revenue	$1,448,585	RevenueAmt
Desc	STUDENT SERVICES - EXPENSES RELATED TO THE PRIMARY PURPOSE OF CONTRIBUTING TO STUDENTS' EMOTIONAL AND PHYSICAL WELL-BEING AND INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT. ATHLETICS IS INCLUDED WITHIN THIS DIVISION.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$42,828,315	ExpenseAmt
Grant	$3,598,494	GrantAmt
Revenue	$51,005,682	RevenueAmt
Desc	AUXILIARY SERVICES - EXPENSES RELATED TO THE FUNCTION OF FURNISHING GOODS OR SERVICES TO STUDENTS, FACULTY, OR STAFF. EXAMPLES ARE RESIDENCE HALLS AND FOOD SERVICES.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$8,192,519	ExpenseAmt
Revenue	$4,009,889	RevenueAmt
Desc	ACADEMIC SUPPORT - EXPENSES INCURRED TO PROVIDE SUPPORT SERVICES FOR THE INSTITUTION'S PRIMARY MISSION OF INSTRUCTION, INCLUDING THE LIBRARY, MEDIA SERVICES, AND TECHNOLOGY.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$8,192,519	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue	$4,009,889	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$255,329,441	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	Yes (true)	CollectionsOfArtInd
Credit Counseling	false	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	false	MoreThan5000KToIndividualsInd
Professional Fundraising	Yes (true)	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	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	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (true)	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	Yes (true)	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	546	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	4432	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	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	40	GoverningBodyVotingMembersCnt
Independent Voting Member	39	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	Yes (true)	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
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Kelly McKinney	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	3362785260	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 398	AddressLine1Txt
City	Elon	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27244	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (57 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
A Christine Baker
Trustee	40.0	Yes (X)	$53,884	$0	$16,578
A Michelle Larose
Trustee	1.0	Yes (X)	$0	$0	$0
Allen E Gant Jr
Trustee	1.0	Yes (X)	$0	$0	$0
Anne Ellington Powell
Trustee	1.0	Yes (X)	$0	$0	$0
Charles R Clohan
Trustee	1.0	Yes (X)	$0	$0	$0
Chris P Martin
Trustee	1.0	Yes (X)	$0	$0	$0
Dalton L McMichael Jr
Trustee	1.0	Yes (X)	$0	$0	$0
David C Porter
Vice Chair	1.0	Yes (X)	$0	$0	$0
Deborah A Yow-Bowden
Trustee	1.0	Yes (X)	$0	$0	$0
Debra Del Vecchio
Trustee	1.0	Yes (X)	$0	$0	$0
Dr William N P Herbert
Trustee	1.0	Yes (X)	$0	$0	$0
Edmond N Moriarty
Chair	1.0	Yes (X)	$0	$0	$0
Edward W Doherty
Past Chair	1.0	Yes (X)	$0	$0	$0
Eric Sklut
Trustee	1.0	Yes (X)	$0	$0	$0
Howard F Arner
Trustee	1.0	Yes (X)	$0	$0	$0
James A Hendrickson
Trustee	1.0	Yes (X)	$0	$0	$0
Jeanne Swanner Robertson
Trustee	1.0	Yes (X)	$0	$0	$0
Joesph Paturzo
Trustee	1.0	Yes (X)	$0	$0	$0
John R Hill
Trustee	1.0	Yes (X)	$0	$0	$0
Kebbler McGhee Williams
Secretary	1.0	Yes (X)	$0	$0	$0
Kenneth Brown
Youth Trustee	1.0	Yes (X)	$0	$0	$0
Kerrii Brown Anderson
Trustee	1.0	Yes (X)	$0	$0	$0
Lance Berberian
Trustee	1.0	Yes (X)	$0	$0	$0
Larry Clark
Trustee	1.0	Yes (X)	$0	$0	$0
Louis DeJoy
Trustee	1.0	Yes (X)	$0	$0	$0
Mark T Mahaffey
Trustee	1.0	Yes (X)	$0	$0	$0
Maurice N Jennings Jr
Trustee	1.0	Yes (X)	$0	$0	$0
Michele Skeens Hazel
Trustee	1.0	Yes (X)	$0	$0	$0
Noel L Allen
Trustee	1.0	Yes (X)	$0	$0	$0
Richard L Thompson
Trustee	1.0	Yes (X)	$0	$0	$0
Robert B (Bob) Chandler
Trustee	1.0	Yes (X)	$0	$0	$0
Robert E Long Jr
Trustee	1.0	Yes (X)	$0	$0	$0
Rupinder (Rupe) Sidhu
Trustee	1.0	Yes (X)	$0	$0	$0
The Rev Dr Marvin L Morgan
Trustee	1.0	Yes (X)	$0	$0	$0
Toni P Brown
Trustee	1.0	Yes (X)	$0	$0	$0
Victoria Silek Hunt
Trustee	1.0	Yes (X)	$0	$0	$0
W Cecil Worsley
Trustee	1.0	Yes (X)	$0	$0	$0
Wesley R Elinburg
Trustee	1.0	Yes (X)	$0	$0	$0
William H Smith
Trustee	1.0	Yes (X)	$0	$0	$0
William J Inman
Trustee	1.0	Yes (X)	$0	$0	$0
Dr Aswani K Volety
Provost, VP Academic Affairs	40.0		$300,213	$0	$43,711	Yes (X)
Dr Constance L Book
President	40.0		$556,791	$0	$43,075	Yes (X)
Gerald Whittington
Sr. VP - Special Asst. to the President	40.0		$441,386	$0	$54,713	Yes (X)
Janet Williams
VP for Finance and Administration	40.0		$0	$0	$0	Yes (X)
David L (Dave) Blank
Director of Athletics	40.0		$311,984	$0	$52,028		Yes (X)
Dr Jonathan C Dooley
Vice Pres of Student Life	40.0		$195,200	$0	$31,112		Yes (X)
James Piatt
Vice Pres - Uni. Advancement	40.0		$317,985	$0	$62,779		Yes (X)
Dr Luke Bierman
Dean-School of Law	40.0		$305,797	$0	$62,973			Yes (X)
Dr Raghuram Tadepalli
Dean-School of Bus.	40.0		$321,147	$0	$40,853			Yes (X)
Dr Rochelle Ford
Dean - School of Communications	40.0		$263,392	$0	$30,968			Yes (X)
Mike Schrage
Basketball Coach	40.0		$379,194	$0	$30,811			Yes (X)
Tony Trisciani
Football Coach	40.0		$344,293	$0	$38,026			Yes (X)
Dr Leo Lambert
President Emeritus	40.0		$284,841	$0	$44,009				Yes (X)
Dr Smith Jackson
Former - VP & Dean of Students	40.0		$123,513	$0	$34,380				Yes (X)
Dr Steven House
Exec. Vice President	40.0		$471,190	$0	$38,197				Yes (X)
Matthew M Matheny
Former Basketball Coach	40.0		$303,000	$0	$0				Yes (X)
Robert J Shea
Vice Pres.-Bus, Fin & Tech.	40.0		$126,824	$0	$9,820				Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$5,100,634	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$634,033	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	222	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	Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt	CityContractorAddress/ForeignAddress/CityNm	CountryContractorAddress/ForeignAddress/CountryCd	Foreign PostalContractorAddress/ForeignAddress/ForeignPostalCd
ARAMARK CORPORATION
PO BOX 7548	PHILADELPHIA	PA	191017548	DINING SERVICES	$22,687,005
THE CHRISTMAN COMPANY
408 S ELM ST	GREENSBORO	NC	27401	CONSTRUCTION	$5,958,059
ACCADEMIA EUROPEA DI FIRENZE SRI
				STUDY ABROAD	$1,793,445	VIA CAVOUR 37	FIRENZE	IT	R50129
WALTER ROBBS CALLAHAN
530 N TRADE STREET 301	WINSTON SALEM	NC	27101	ARCHITECTS	$1,643,129
LABCORP EMPLOYER SERVICES INC
231 MAPLE AVE	BURLINGTON	NC	27215	LAB TESTING	$1,589,652

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	111	CntrctRcvdGreaterThan100KCnt
Government Grants	$10,688,798	GovernmentGrantsAmt
All Other Contributions	$18,350,215	AllOtherContributionsAmt
Noncash Contributions	$6,534,856	NoncashContributionsAmt
Total Contributions	$29,039,013	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION & FEES	900099	$262,539,449	$262,539,449
AUXILIARY SERVICES	900099	$51,005,682	$51,005,682
ATHLETICS	900099	$1,448,585	$1,448,585

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$314,993,716	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,158,930	TotalRevenueColumnAmt
Unrelated Business Revenue	$1,431,182	UnrelatedBusinessRevenueAmt
Exclusion	-$272,252	ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

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

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$43,427,877	SecuritiesAmt
Other	$13,134	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$43,336,776	SecuritiesAmt
Other	$205,340	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$91,101	SecuritiesAmt
Other	-$192,206	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$101,105	TotalRevenueColumnAmt
Exclusion	-$101,105	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
OTHER REVENUES	900099	$2,775,661	$2,775,661
ATHLETICS ADVERTISING	900099	$17,790		$17,790
ARAMARK CONTRACT	900099	$1,234,228	$1,234,228

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,103,970	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$3,103,970	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$7,131,649	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$352,222,203	TotalRevenueColumnAmt
Related Or Exempt Func Income	$319,003,605	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$4,552,942	UnrelatedBusinessRevenueAmt
Exclusion	-$373,357	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$62,203,963	TotalAmt
Program Services	$62,203,963	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$2,546,813	TotalAmt
Program Services	$683,122	ProgramServicesAmt
Management And General	$1,315,886	ManagementAndGeneralAmt
Fundraising	$547,805	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$113,380,426	TotalAmt
Program Services	$94,373,548	ProgramServicesAmt
Management And General	$15,633,061	ManagementAndGeneralAmt
Fundraising	$3,373,817	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$7,536,844	TotalAmt
Program Services	$6,484,725	ProgramServicesAmt
Management And General	$934,232	ManagementAndGeneralAmt
Fundraising	$117,887	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$16,016,605	TotalAmt
Program Services	$12,526,352	ProgramServicesAmt
Management And General	$2,726,479	ManagementAndGeneralAmt
Fundraising	$763,774	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$8,531,561	TotalAmt
Program Services	$7,260,846	ProgramServicesAmt
Management And General	$1,108,104	ManagementAndGeneralAmt
Fundraising	$162,611	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$10,553	TotalAmt
Program Services	$10,553	ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$1,050,102	TotalAmt
Management And General	$1,049,334	ManagementAndGeneralAmt
Fundraising	$768	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$146,899	TotalAmt
Management And General	$146,890	ManagementAndGeneralAmt
Fundraising	$9	FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$36,280	TotalAmt
Fundraising	$36,280	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$1,789,851	TotalAmt
Program Services	$1,629,265	ProgramServicesAmt
Management And General	$160,586	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$23,375,521	TotalAmt
Program Services	$20,066,729	ProgramServicesAmt
Management And General	$3,284,132	ManagementAndGeneralAmt
Fundraising	$24,660	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$811,911	TotalAmt
Program Services	$587,636	ProgramServicesAmt
Management And General	$220,607	ManagementAndGeneralAmt
Fundraising	$3,668	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$10,265,951	TotalAmt
Program Services	$8,392,249	ProgramServicesAmt
Management And General	$1,632,704	ManagementAndGeneralAmt
Fundraising	$240,998	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$3,314,483	TotalAmt
Program Services	$2,172,498	ProgramServicesAmt
Management And General	$1,134,971	ManagementAndGeneralAmt
Fundraising	$7,014	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$8,988	TotalAmt
Program Services	$913	ProgramServicesAmt
Management And General	$8,075	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$8,450,316	TotalAmt
Program Services	$8,204,762	ProgramServicesAmt
Management And General	$245,554	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$9,134,419	TotalAmt
Program Services	$8,950,578	ProgramServicesAmt
Management And General	$93,933	ManagementAndGeneralAmt
Fundraising	$89,908	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$874,628	TotalAmt
Program Services	$666,987	ProgramServicesAmt
Management And General	$170,635	ManagementAndGeneralAmt
Fundraising	$37,006	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$948,549	TotalAmt
Program Services	$948,549	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$15,074,314	TotalAmt
Program Services	$14,844,118	ProgramServicesAmt
Management And General	$230,196	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$1,847,934	TotalAmt
Program Services	$307,494	ProgramServicesAmt
Management And General	$1,538,637	ManagementAndGeneralAmt
Fundraising	$1,803	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
Debt Service	$3,840,509	$3,252,697	$587,812
Special Projects	$1,588,081	$1,537,100	$50,981
Interest Rate Swap	-$1,770,166	-$1,770,166
Other	$8,999,106	$1,994,923	$6,693,950	$310,233

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,096,556	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$3,096,556	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$303,110,997	TotalAmt
Program Services	$255,329,441	ProgramServicesAmt
Management And General	$42,063,315	ManagementAndGeneralAmt
Fundraising	$5,718,241	FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$87,126,813	BOYAmt
EOY	$111,296,462	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$6,462,194	BOYAmt
EOY	$3,309,492	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$4,477,634	BOYAmt
EOY	$6,645,146	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

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

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

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

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$4,830,486	BOYAmt
EOY	$4,277,134	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$667,145,993	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$172,070,593	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$471,549,729	BOYAmt
EOY	$495,075,400	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$57,605,811	BOYAmt
EOY	$120,141,353	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$260,033,521	BOYAmt
EOY	$309,424,596	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$2,082,805	BOYAmt
EOY	$1,671,941	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$291	BOYAmt
EOY	$0	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$894,169,284	BOYAmt
EOY	$1,051,841,524	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$20,570,313	BOYAmt
EOY	$25,937,266	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$7,497,764	BOYAmt
EOY	$8,314,659	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$170,068,089	BOYAmt
EOY	$205,893,294	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

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

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$49,757,854	BOYAmt
EOY	$41,074,499	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$247,894,020	BOYAmt
EOY	$281,219,718	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	$464,538,676	BOYAmt
EOY	$528,074,951	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$181,736,588	BOYAmt
EOY	$242,546,855	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$646,275,264	BOYAmt
EOY	$770,621,806	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$894,169,284	BOYAmt
EOY	$1,051,841,524	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$49,111,206	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$76,301,885	NetUnrlzdGainsLossesInvstAmt
Investment Expense	$1,789,851	InvestmentExpenseAmt
Other Changes In Net Assets	-$2,856,400	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)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

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 D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

Field	Value	IRS element (for citing)
Revenues Included	$0	RevenuesIncludedAmt
Assets Included	$3,272,849	AssetsIncludedAmt

Field	Value	IRS element (for citing)
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

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$258,923,375	BeginningYearBalanceAmt
Contributions	$8,260,187	ContributionsAmt
Investment Earnings Or Losses	$73,712,785	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$8,892,792	GrantsOrScholarshipsAmt
Other Expenditures	$3,208,879	OtherExpendituresAmt
Administrative Expenses	$1,789,851	AdministrativeExpensesAmt
End Year Balance	$327,004,825	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$269,952,178	BeginningYearBalanceAmt
Contributions	$8,601,746	ContributionsAmt
Investment Earnings Or Losses	-$6,230,934	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$8,660,143	GrantsOrScholarshipsAmt
Other Expenditures	$3,048,805	OtherExpendituresAmt
Administrative Expenses	$1,690,667	AdministrativeExpensesAmt
End Year Balance	$258,923,375	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$257,905,606	BeginningYearBalanceAmt
Contributions	$16,197,946	ContributionsAmt
Investment Earnings Or Losses	$8,534,265	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$8,082,218	GrantsOrScholarshipsAmt
Other Expenditures	$2,972,070	OtherExpendituresAmt
Administrative Expenses	$1,631,351	AdministrativeExpensesAmt
End Year Balance	$269,952,178	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$231,924,359	BeginningYearBalanceAmt
Contributions	$16,435,374	ContributionsAmt
Investment Earnings Or Losses	$22,069,831	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$7,528,510	GrantsOrScholarshipsAmt
Other Expenditures	$2,948,123	OtherExpendituresAmt
Administrative Expenses	$2,047,325	AdministrativeExpensesAmt
End Year Balance	$257,905,606	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$202,089,599	BeginningYearBalanceAmt
Contributions	$15,553,919	ContributionsAmt
Investment Earnings Or Losses	$25,698,193	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$6,882,318	GrantsOrScholarshipsAmt
Other Expenditures	$2,831,339	OtherExpendituresAmt
Administrative Expenses	$1,703,695	AdministrativeExpensesAmt
End Year Balance	$231,924,359	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.371	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.488	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.141	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	false	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$44,628,051	OtherCostOrOtherBasisAmt
Book Value	$44,628,051	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$480,412,664	OtherCostOrOtherBasisAmt
Depreciation	$115,940,994	DepreciationAmt
Book Value	$364,471,670	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$13,784,394	OtherCostOrOtherBasisAmt
Depreciation	$4,463,795	DepreciationAmt
Book Value	$9,320,599	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$40,058,188	OtherCostOrOtherBasisAmt
Depreciation	$28,867,160	DepreciationAmt
Book Value	$11,191,028	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$88,262,696	OtherCostOrOtherBasisAmt
Depreciation	$22,798,644	DepreciationAmt
Book Value	$65,464,052	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$495,075,400	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (4 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
REAL ESTATE	$712,014	F
OUTSIDE PERPETUAL TRUSTS	$5,032,373	F
ALTERNATIVE INVESTMENTS	$302,691,235	F
OTHER	$988,974	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$309,424,596	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)

DescDesc	AmtAmt
OTHER LIABILITIES	$19,273,735
OBLIGATION UNDER CAPITAL LEASE	$10,563,801
OBLIGATION UNDER INTEREST SWAP	$1,880,538
US GOVERNMENT ADVANCES-STUDENT LOANS	$1,823,259
STUDENT DEPOSITS	$6,552,845
NOTE PAYABLE	$980,321

Field	Value	IRS element (for citing)
Total Liability	$41,074,499	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$363,216,155	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$78,091,736	NetUnrealizedGainsInvstAmt
Other Revenue	$0	OtherRevenueAmt
Revenue Not Reported	$78,091,736	RevenueNotReportedAmt
Revenue Subtotal	$285,124,419	RevenueSubtotalAmt
Investment Expenses Not Incld	$1,789,851	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	$65,307,933	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$67,097,784	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$352,222,203	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$237,220,493	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$1,770,166	OtherExpensesIncludedAmt
Expenses Not Reported	$1,770,166	ExpensesNotReportedAmt
Expenses Subtotal	$235,450,327	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$1,789,851	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$65,870,819	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$67,660,670	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$303,110,997	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule D, Part III, Line 4 Collections of art - description of collections	THE COLLECTIONS OF ART AND SIMILAR ASSETS ARE USED FOR TEACHING AND RESEARCH BY THE UNIVERSITY'S FACULTY AND STUDENTS. SOME PIECES ARE ON DISPLAY THROUGHOUT THE CAMPUS.
Schedule D, Part V, Line 4 Intended uses of endowment funds	THE UNIVERSITY'S ENDOWMENT CONSISTS OF INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF EDUCATIONAL PURPOSES WHICH INCLUDE THE FUNDING OF SCHOLARSHIPS, PROFESSORSHIPS AND PROGRAM RELATED ACTIVITIES SUCH AS STUDY ABROAD, FACULTY DEVELOPMENT, COMMUNICATIONS STUDIES, LECTURE SERIES, SUPPORT OF SPIRITUAL LIFE, ETC. SCHOLARSHIPS PROVIDED INCLUDE ACADEMIC, ATHLETIC AND NEED BASED SCHOLARSHIPS WHICH ARE AWARDED BY THE OFFICE OF FINANCIAL PLANNING ON AN ANNUAL BASIS. FUNDS PROVIDED FOR PROFESSORSHIPS ARE USED TO FUND SALARY AND OPERATING EXPENSES FOR THE INTENDED AREA OF STUDY. EXTERNAL INVESTMENT MANAGERS ARE EMPLOYED TO OVERSEE THE ENDOWMENT FUNDS. THE BOARD OF TRUSTEES HAVE APPROVED AN ENDOWMENT SPENDING POLICY WHEREBY DISTRIBUTIONS ARE USED TO FUND THE EDUCATIONAL PURPOSES DESCRIBED ABOVE.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote	THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM ACTIVITIES UNRELATED TO ITS BUSINESS PURPOSE. THE UNIVERSITY BELIEVES IT HAS SUFFICIENT JUSTIFICATION FOR ANY TAX POSITIONS TAKEN, INCLUDING ALLOCATION OF EXPENSES TO ITS UNRELATED BUSINESS INCOME AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. GENERALLY, FEDERAL INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR THREE YEARS AFTER THEY ARE FILED. AS OF THE REPORT DATE (SEPTEMBER 21 , 2021), THE UNIVERSITY'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS (FORM 990-T) FOR 2019, 2018, AND 2017 REMAIN SUBJECT TO SAID EXAMINATION.
Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements	TUITION DISCOUNT - 62203963 INN AT ELON - 3103970
Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990	SWAP - 1770166
Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements	TUITION DISCOUNT - 62203963 CHANGE IN INVESTMENTS - 570300 INN AT ELON - 3096556

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	Yes (true)	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 (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY	ELON UNIVERSITY'S NONDISCRIMINATORY POLICY APPEARS ON ITS APPLICATION, IN THE VIEWBOOK, PRE-REGISTRATION GUIDE, ACADEMIC CATALOG AND ON MONITORS ACROSS CAMPUS. THE POLICY STATES "THE UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF AGE, RACE, COLOR, CREED, SEX, NATIONAL OR ETHNIC ORIGIN, DISABILITY, SEXUAL ORIENTATION, GENDER IDENTITY, OR VETERAN'S (CONTINUED ON SUPPLEMENTAL SECTION)
Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT	THE UNIVERSITY RECEIVES FUNDS FROM THE FEDERAL GOVERNMENT AND THE STATE OF NORTH CAROLINA ON BEHALF OF ITS STUDENTS WHO HAVE DEMONSTRATED FINANCIAL NEED. A LIST OF ANY FINANCIAL AID OR ASSISTANCE FROM STATE AND FEDERAL AGENCIES IS ON FILE AT THE INSTITUTION AND IS PUBLISHED IN THE UNIFORM GUIDANCE SINGLE AUDIT EACH YEAR.
Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY	(CONTINUE FROM SCHEDULE E, PART 1, LINE 3) STATUS (COLLECTIVELY KNOWN AS "PROTECTED CATEGORIES") IN THE RECRUITMENT AND ADMISSION OF STUDENTS, THE RECRUITMENT AND EMPLOYMENT OF FACULTY AND STAFF OR THE OPERATION OF ANY OF ITS PROGRAMS."

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (8 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
Central America and the Caribbean	Program Services	STUDY ABROAD	$39,226
East Asia and the Pacific	Program Services	STUDY ABROAD	$124,388
Europe (Including Iceland and Greenland)	Program Services	STUDY ABROAD	$1,813,781
Middle East and North Africa	Program Services	STUDY ABROAD	$6,806
North America (Canada & Mexico only)	Program Services	STUDY ABROAD	$43,256
South America	Program Services	STUDY ABROAD	$13,567
South Asia	Program Services	STUDY ABROAD	$220
Sub-Saharan Africa	Program Services	STUDY ABROAD	$697

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	0	SubtotalEmployeesCnt
Continuation Total Office	0	ContinuationTotalOfficeCnt
Continuation Total Employee	0	ContinuationTotalEmployeeCnt
Total Office	0	TotalOfficeCnt
Total Employee	0	TotalEmployeeCnt
Subtotal Spent	$2,041,941	SubtotalSpentAmt
Continuation Spent	$0	ContinuationSpentAmt
Total Spent	$2,041,941	TotalSpentAmt
Transfer To Foreign Corp	Yes (true)	TransferToForeignCorpInd
Interest In Foreign Trust	false	InterestInForeignTrustInd
Foreign Corp Ownership	false	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	false	PassiveForeignInvestmestCoInd
Foreign Partnership	false	ForeignPartnershipInd
Boycott Countries	false	BoycottCountriesInd

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	Gross ReceiptsGrossReceiptsAmt	Retained By ContractorRetainedByContractorAmt	Net To OrganizationNetToOrganizationAmt
MARTS & LUNDY
160 CHUBB AVENUE	LYNDHURST	NJ	07071	CONSULTATION	false	$0	$22,600	-$22,600
RUFFALOCODY HOLDINGS LLC
PO BOX 3018	CEDAR RAPIDS	IA	52406	CONSULTATION	false	$0	$13,680	-$13,680

Field	Value	IRS element (for citing)
Total Gross Receipts	$0	TotalGrossReceiptsAmt
Total Retained By Contractors	$36,280	TotalRetainedByContractorsAmt
Total Net To Organization	-$36,280	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	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

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	FINANCIAL AID TO STUDENTS	GrantTypeTxt
Recipient	4744	RecipientCnt
Cash Grant	$62,203,963	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds.	FormAndLineReferenceDesc
Explanation	SCHOLARSHIP FUNDS ARE MONITORED COLLABORATIVELY BY THE OFFICE OF THE REGISTRAR, OFFICE OF THE BURSAR, FINANCIAL AID, AND THE ACCOUNTING OFFICE TO VERIFY ELIGIBILITY, APPROPRIATE SELECTION CRITERIA AND APPLICATION OF SCHOLARSHIP FUNDS. FUNDS ARE CREDITED DIRECTLY TO THE STUDENTS' ACCOUNTS.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Idemnification Gross Up Pmts	Yes (X)	IdemnificationGrossUpPmtsInd
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Personal Services	Yes (X)	PersonalServicesInd
Written Policy Ref T And E Expnss	Yes (true)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (true)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	Yes (true)	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	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	false	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
Dr Aswani K Volety
Provost, VP Academic Affairs	$288,338	$0	$0	$0	$11,875	$0	$22,800	$0	$20,911	$0	$343,924	$0	$0	$0
Dr Constance L Book
President	$524,085	$0	$0	$0	$32,706	$0	$22,800	$0	$20,275	$0	$599,866	$0	$0	$0
Gerald Whittington
Sr. VP - Special Asst. to the President	$334,030	$0	$0	$0	$107,356	$0	$22,800	$0	$31,913	$0	$496,099	$0	$0	$0
David L (Dave) Blank
Director of Athletics	$291,710	$0	$0	$0	$20,274	$0	$22,800	$0	$29,228	$0	$364,012	$0	$0	$0
Dr Jonathan C Dooley
Vice Pres of Student Life	$180,571	$0	$2,107	$0	$12,522	$0	$15,056	$0	$16,056	$0	$226,312	$0	$0	$0
James Piatt
Vice Pres - Uni. Advancement	$299,076	$0	$0	$0	$18,909	$0	$22,800	$0	$39,979	$0	$380,764	$0	$0	$0
Dr Luke Bierman
Dean-School of Law	$298,709	$0	$0	$0	$7,088	$0	$22,800	$0	$40,173	$0	$368,770	$0	$0	$0
Dr Raghuram Tadepalli
Dean-School of Bus.	$313,846	$0	$0	$0	$7,301	$0	$22,800	$0	$18,053	$0	$362,000	$0	$0	$0
Mike Schrage
Basketball Coach	$378,205	$0	$0	$0	$989	$0	$22,800	$0	$8,011	$0	$410,005	$0	$0	$0
Tony Trisciani
Football Coach	$341,582	$0	$0	$0	$2,711	$0	$22,800	$0	$15,226	$0	$382,319	$0	$0	$0
Dr Rochelle Ford
Dean - School of Communications	$231,168	$0	$0	$0	$32,224	$0	$18,952	$0	$12,016	$0	$294,360	$0	$0	$0
Matthew M Matheny
Former Basketball Coach	$303,000	$0	$0	$0	$0	$0	$0	$0	$0	$0	$303,000	$0	$0	$0
Dr Smith Jackson
Former - VP & Dean of Students	$108,696	$0	$0	$0	$14,817	$0	$9,652	$0	$24,728	$0	$157,893	$0	$0	$0
Dr Steven House
Exec. Vice President	$313,797	$0	$0	$0	$157,393	$0	$22,800	$0	$15,397	$0	$509,387	$0	$0	$0
Robert J Shea
Vice Pres.-Bus, Fin & Tech.	$90,599	$0	$0	$0	$36,225	$0	$7,373	$0	$2,447	$0	$136,644	$0	$0	$0
Dr Leo Lambert
President Emeritus	$91,003	$0	$0	$0	$193,838	$0	$13,413	$0	$30,596	$0	$328,850	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule J, Part II, Column (A) (16) DR. SMITH JACKSON	DR. SMITH JACKSON WAS PREVIOUSLY LISTED ON THE SCHEDULE OF COMPENSATION AS THE VP & DEAN OF STUDENTS UNTIL MAY 31, 2017. ON JUNE 1, 2017, DR. JACKSON BECAME THE ASSISTANT TO THE PRESIDENT AND HEAD OF THE MASTERS IN HIGHER EDUCATION. AS A FORMER KEY EMPLOYEE, DR. JACKSON'S INCOME MUST BE REPORTED FOR 5 YEARS IF IT EXCEEDS $150,000.
Schedule J, Part I, Line 1a Tax indemnification and gross-up payments	TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: THE UNIVERSITY GROSSES UP CAR ALLOWANCES FOR CERTAIN SENIOR STAFF. PERSONAL USE OF CARS ARE INCLUDED IN THE TAXABLE INCOME OF THE EMPLOYEES.
Schedule J, Part I, Line 1a Housing allowance or residence for personal use	HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: THE ONLY PERSON WHO RECEIVES HOUSING IS THE UNIVERSITY PRESIDENT. THE PRESIDENT'S CONTRACT STATES THAT AS A CONDITION OF EMPLOYMENT, AND AS A BENEFIT TO THE UNIVERSITY, THE PRESIDENT IS TO RESIDE IN UNIVERSITY PROVIDED HOUSING. IN ADDITION, THE CONTRACT STATES THE UNIVERSITY SHALL PAY ALL UTILITIES, REAL ESTATE TAXES, INSURANCE AND EXPENSE FOR MAINTENANCE AND UPKEEP FOR THE PRESIDENTIAL RESIDENCE.
Schedule J, Part I, Line 1a Personal services	PERSONAL SERVICES: THE PRESIDENT'S CONTRACT STATES THAT AS A CONDITION OF EMPLOYMENT THE PRESIDENT WILL RESIDE IN UNIVERSITY PROVIDED HOUSING. IN ADDITION, EXPENSES FOR MAINTENANCE AND UPKEEP OF THE PRESIDENT'S RESIDENCE WILL BE PAID FOR BY THE UNIVERSITY.
Schedule J, Part I, Line 4a Severance or change-of-control payment	MATTHEW MATHENY TERMED ON MARCH 31, 2019 AS THE BASKETBALL COACH. MR. MATHENY WILL RECEIVE $303,000 ANNUALLY BEGINNING MARCH 31, 2019 THROUGH MARCH 31, 2022 PER HIS CONTRACT.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY
A	561592154	2012-07-18	$54,595,000	FINANCE COST OF IMPROVEMENTS	false	false	false
NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY
B	561592154	2014-09-30	$39,985,000	REFUNDED ISSUES 1997, 1998, 2000, 2001C AND 2006.	false	false	false
NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY
C	561592154	2014-09-30	$60,325,000	REFUNDED ISSUES 2010 AND 2011.	false	false	false
NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY
D	561592154	2016-08-24	$32,000,000	CONVOCATION CENTER	false	false	false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Total ProceedsTotalProceedsAmt	Capitalized InterestCapitalizedInterestAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$0	$54,830,317	$2,703,449	$235,373	$50,766,495	$1,125,000	2014	false	false	Yes (true)	Yes (true)
B		$39,985,000			$39,985,000		2008	Yes (true)	false	Yes (true)	Yes (true)
C		$60,325,000			$60,325,000		2013	Yes (true)	false	Yes (true)	Yes (true)
D		$32,120,830			$32,120,543	$291	2018	false	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	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	false	false	false	false	false	false	Yes (true)
B	false	false	false	false	false	false	Yes (true)
C	false	false	false	false	false	false	Yes (true)
D	false	false	false	false	false	false	Yes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd	Term Of HedgeTermOfHedgePct	Superintegrated HedgeSuperintegratedHedgeInd	Hedge TerminatedHedgeTerminatedInd
(no name)
A	false	Yes (true)	Yes (true)	false	false	false	Yes (true)
WELLS FARGO
B	false	Yes (true)	false	Yes (true)	false	false	Yes (true)	25.0	false	false
WELLS FARGO
C	false	Yes (true)	Yes (true)	Yes (true)	false	false	Yes (true)	25.0	false	false
BANK OF AMERICA
D	false	Yes (true)	Yes (true)	Yes (true)	false	false	Yes (true)	6.0	false	false

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 (12 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule K, Part II, Line 3 COLUMN A	NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY - $235,317 INTEREST EARNED HAS BEEN ADDED TO THE ISSUE PRICE.
Schedule K, Part II, Line 13 COLUMN C	NC Facilities Finance Agency Series-In September 2014 the university extinguished the outstanding debt related to revenue bond series 2010 and 2011 and arranged for debt refinancing through a direct purchase. Projects funded by the original bond issues were completed in 2013.
Schedule K, Part II, Line 13 Column B	NC Facilities Finance Agency Series-In September 2014 the university extinguished the outstanding debt related to revenue bond series 1997, 1998, 2000, 2001C, and 2006 and arranged for debt refinancing through a direct purchase. Projects funded by the original bond issues were completed in 2008.
Schedule K, Part II, Line 3 COLUMN D	NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY - $120,830 INTEREST EARNED HAS BEEN ADDED TO THE ISSUE PRICE.
Schedule K, Part II, Line 3 COLUMN E	NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY - $ 192,545 INTEREST EARNED HAS BEEN ADDED TO THE ISSUE PRICE
Schedule K, Part II, Line 3 COLUMN F	NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY - $ 294,639 INTEREST EARNED HAS BEEN ADDED TO THE ISSUE PRICE.
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY The calculation for computing no rebate due was performed on 06/20/2018
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY The calculation for computing no rebate due was performed on 09/30/2019
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY The calculation for computing no rebate due was performed on 09/30/2019
Schedule K, Part IV, Line 2c COLUMN D	Issuer name: NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY The calculation for computing no rebate due was performed on 08/23/2018
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY The calculation for computing no rebate due was performed on 04/26/2020
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY The calculation for computing no rebate due was performed on 03/27/2020

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY
A	561592154	2017-04-26	$24,320,000	FINANCE RESIDENCE HALLS, TENNIS BUILDING, AND PHOENIX ATHLETIC RECREATIONAL CENTER-SOUTH	false	false	false
NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY
B	561592154	2018-03-27	$20,000,000	CONSTRUCTION OF ELEMENTARY SCHOOL.	false	false	false
NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY
C	561592154	2021-05-06	$50,000,000	ENGINEERING, HEALTH SCIENCES BUILDING AND PARKING	false	false	false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCd	Total ProceedsTotalProceedsAmt	Capitalized InterestCapitalizedInterestAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	UnspentUnspentAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd	Other Spent ProceedsOtherSpentProceedsAmt
A	$24,512,545	$1,354,050	$162,192	$22,996,303	$0	2018	false	false	Yes (true)	Yes (true)
B	$20,294,639	$1,087,191	$143,055	$18,478,015		2019	false	false	Yes (true)	Yes (true)	$586,378
C	$50,000,331		$219,277	$1,980,453			false	false	false	Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Any Research AgreementsAnyResearchAgreementsInd	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	false	false	false	false	false	false	Yes (true)
B	false	false	false	false	false	false	Yes (true)
C	false	false	false	false	false	false	Yes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

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

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

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

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
RENE JACKSON
FAMILY MEMBER OF FORMER KEY EMPLOYEE	$71,616	EMPLOYEE	false
STACIE DOOLEY
FAMILY MEMBER OF KEY EMPLOYEE	$73,311	EMPLOYEE	false
MORGAN BAKER
FAMILY MEMBER OF BOARD MEMBER	$49,334	EMPLOYEE	false

Schedule M IRS990ScheduleM

Cars And Other Vehicles CarsAndOtherVehiclesGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$8,000	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Market value	MethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	33	ContributionCnt
Noncash Contributions Rpt F990	$6,518,606	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Market value	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Desc	Color Ultrasound	Desc
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$8,250	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Market value	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Form8283 Received	0	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

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule M, Part I Explanations of reporting method for number of contributions	FormAndLineReferenceDesc
Explanation	Securities - Publicly traded - Number of contributions received. Cars and other vehicles - Golf Cart Number of contributions received. Other - Color Ultrasound Number of contributions received.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part III, Line 4d Description of other program services	(Expenses $ 8,192,519 including grants of $)(Revenue $ 4,009,889) ACADEMIC SUPPORT - EXPENSES INCURRED TO PROVIDE SUPPORT SERVICES FOR THE INSTITUTION'S PRIMARY MISSION OF INSTRUCTION, INCLUDING THE LIBRARY, MEDIA SERVICES, AND TECHNOLOGY.
Form 990, Part VI, Line 3 Delegation of management duties	Charlestowne provides management services to The Inn at Elon, a wholly owned LLC of Elon University.
Form 990, Part VI, Line 11b Review of form 990 by governing body	THE FORM 990 IS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE BEFORE FILING. ALSO, A COPY IS PROVIDED TO THE BOARD THROUGH A PASSWORD PROTECTED WEBSITE.
Form 990, Part VI, Line 12c Conflict of interest policy	THE UNIVERSITY SENDS OUT AN ANNUAL CONFLICT OF INTEREST FORM TO SENIOR STAFF, KEY EMPLOYEES AND MEMBERS OF THE BOARD. EACH YEAR THESE PERSONS ARE TO RE-READ THE CONFLICT OF INTEREST POLICY AND FILL OUT THE ATTACHED FORM WITH VARIOUS QUESTIONS. THE FORMS ARE MONITORED BY THE ASSISTANT TO THE BOARD OF TRUSTEES. REVIEWED BY THE INTERNAL AUDITOR THEN SENT TO THE AUDIT COMMITTEE CHAIR. IF AN ITEM COMES TO VOTE THAT PRESENTS A CONFLICT, THE BOARD MEMBER WILL NOT PARTICIPATE IN ANY DISCUSSION OR VOTING PERTAINING TO THE ITEM OF CONFLICT.
Form 990, Part VI, Line 15a Process to establish compensation of top management official	THE ADMINISTRATIVE PERSONNEL COMMITTEE, A SUB-COMMITTEE OF THE BOARD OF TRUSTEES, HIRES AN INDEPENDENT COMPENSATION CONSULTANT. THE CONSULTANT GATHERS COMPENSATION DATA FROM OTHER UNIVERSITIES, PUBLISHED SURVEYS, AND THE FORMS 990. THE COMMITTEE REVIEWS THE DATA AND FORMULATES A RECOMMENDATION FOR THE BOARD OF TRUSTEES FOR APPROVAL. THESE DISCUSSIONS ARE DOCUMENTED IN THE MEETING MINUTES. FOR ALL OTHER EMPLOYEES, THE HUMAN RESOURCES DEPARTMENT REVIEWS SALARY RANGES AND COMPARES THEM TO INDUSTRY STANDARDS ON A REGULAR BASIS.
Form 990, Part VI, Line 15b Process to establish compensation of other employees	SEE DESCRIPTION FOR LINE 15A.
Form 990, Part VI, Line 19 Required documents available to the public	CERTAIN DOCUMENTS ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE. SOME POLICIES ARE AVAILABLE ONLY UPON REQUEST.
Form 990, Part VII, Section A, Line 1a, Column (A) (16) DR. SMITH JACKSON	DR. SMITH JACKSON WAS PREVIOUSLY LISTED ON THE SCHEDULE OF COMPENSATION AS THE VP & DEAN OF STUDENTS UNTIL MAY 31, 2017. ON JUNE 1, 2017, DR. JACKSON BECAME THE ASSISTANT TO THE PRESIDENT AND HEAD OF THE MASTERS IN HIGHER EDUCATION. AS A FORMER KEY EMPLOYEE, DR. JACKSON'S INCOME MUST BE REPORTED FOR 5 YEARS IF IT EXCEEDS $100,000.
Form 990, Part VII, Section A, Line 1a, Column (A) (57) - JANET WILLIAMS	JANET WILLIAMS WAS HIRED IN APRIL 2021, THEREFORE HAS NO COMPENSATION FOR CALENDAR 2020 ON PART VII.
Form 990, Part VIII, Line 11d Other Miscellaneous Revenue	THE INN AT ELON - Total Revenue: 3103970, Related or Exempt Function Revenue: , Unrelated Business Revenue: 3103970, Revenue Excluded from Tax Under Sections 512, 513, or 514: ;
Form 990, Part XI, Line 9 Other changes in net assets or fund balances	CHANGE IN INVESTMENTS - 570300; INVESTMENT - OTHER - -3426700;

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (2 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
TRI-STATE REAL PROPERTIES LLC
615 S DUPONT HIGHWAY	DOVER	DE	19901	260353244	REAL ESTATE	DE	$91,275	$313,334	ELON UNIVERSITY
THE INN AT ELON
100 CAMPUS DR	ELON	NC	27244	825422878	HOTEL AND RESTAURANT	NC	$3,103,970	$29,271,139	ELON UNIVERSITY