FURP.ORG / PUBLIC DATA EXPLORER

FAIRFIELD UNIVERSITY: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
FAIRFIELD UNIVERSITY (EIN 06-0646623)
Tax period
2020-07-01 to 2021-06-30
Filed
2022-05-12
IRS object ID
202211329349306711
Schema version
2020v4.2
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)
Return2022-05-12T15:41:04-05:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN135565207PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1345 PARK AVENUEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP101540102ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN060646623EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FAIRFIELD UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFAIRBusinessNameControlTxt
Phone2032544000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11073 NORTH BENSON ROADAddressLine1Txt
CityFAIRFIELDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06824ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL TRAFECANTEPersonNm
Person TitleVP FOR FINANCEPersonTitleTxt
Phone2032544000PhoneNum
Signature2021-05-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMICHAELPersonFirstNm
Person LastTRAFECANTEPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPHILLIP GROFFPreparerPersonNm
PTINP01247783PTIN
Phone2127589700PhoneNum
Preparation2022-05-10PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARK R NEMEC PHDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11073 NORTH BENSON ROADAddressLine1Txt
CityFAIRFIELDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06824ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$370,613,562GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.FAIRFIELD.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1942FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionTO DEVELOP THE CREATIVE INTELLECTUAL POTENTIAL OF ITS STUDENTS, SEE SCHEDULE O.ActivityOrMissionDesc
Voting Members Governing Body33VotingMembersGoverningBodyCnt
Voting Members Independent32VotingMembersIndependentCnt
Total Employee3201TotalEmployeeCnt
Total Volunteers625TotalVolunteersCnt
Total Gross UBI$68,653TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$42,818,387PYContributionsGrantsAmt
CY Contributions Grants$25,478,475CYContributionsGrantsAmt
PY Program Service Revenue$292,896,855PYProgramServiceRevenueAmt
CY Program Service Revenue$305,199,314CYProgramServiceRevenueAmt
PY Investment Income$25,627,460PYInvestmentIncomeAmt
CY Investment Income$10,831,207CYInvestmentIncomeAmt
PY Other Revenue$401,787PYOtherRevenueAmt
CY Other Revenue$277,600CYOtherRevenueAmt
PY Total Revenue$361,744,489PYTotalRevenueAmt
CY Total Revenue$341,786,596CYTotalRevenueAmt
PY Grants And Similar Paid$93,000,271PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$97,686,832CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$129,444,901PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$133,123,482CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$133,339PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$164,782CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$7,448,866CYTotalFundraisingExpenseAmt
PY Other Expenses$93,667,238PYOtherExpensesAmt
CY Other Expenses$98,277,636CYOtherExpensesAmt
PY Total Expenses$316,245,749PYTotalExpensesAmt
CY Total Expenses$329,252,732CYTotalExpensesAmt
PY Revenues Less Expenses$45,498,740PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$12,533,864CYRevenuesLessExpensesAmt
Total Assets BOY$941,659,821TotalAssetsBOYAmt
Total Assets EOY$1,075,022,921TotalAssetsEOYAmt
Total Liabilities BOY$322,583,237TotalLiabilitiesBOYAmt
Total Liabilities EOY$338,725,265TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$619,076,584NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$736,297,656NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionA FAIRFIELD UNIVERSITY EDUCATION HAS BECOME MORE INTEGRATED IN FOCUS, MORE GLOBAL IN OUTLOOK, AND MORE INTERNATIONAL IN ITS STRUCTURE THAN EVER BEFORE IN THE JESUIT TRADITION. SEE SCHEDULE O.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$229,607,194ExpenseAmt
Grant$97,686,832GrantAmt
Revenue$258,854,136RevenueAmt
DescFAIRFIELD UNIVERSITY IS AN INSTITUTE OF HIGHER LEARNING WITH UNDERGRADUATE, GRADUATE, AND CONTINUING EDUCATION ACADEMIC PROGRAMS INCLUDING STUDENTS RESIDING ON CAMPUS. SEE SCHEDULE O.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$40,959,335ExpenseAmt
Revenue$43,533,631RevenueAmt
DescAUXILIARY SERVICES INCLUDE THE COSTS OF ROOM AND BOARD FOR APPROXIMATELY 3,106 FULL-TIME UNDERGRADUATE STUDENTS LIVING ON CAMPUS IN RESIDENCE HALLS, TOWNHOUSES, AND APARTMENT COMPLEXES RESIDING ON A 200-ACRE CAMPUS. GRADUATE STUDENT HOUSING IS ALSO OFFERED IN INDEPENDENT OFF-CAMPUS HOUSES, AND IN AN APARTMENT STYLE RESIDENCE HALL.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$2,558,618ExpenseAmt
Revenue$2,784,645RevenueAmt
DescOTHER ACTIVITIES. A VARIETY OF STUDENT SERVICES INCLUDING ARTS AND ENTERTAINMENT AT THE QUICK CENTER, STUDENT ACTIVITIES FOR CLUB SPORTS, AND OTHER ITEMS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$273,125,147TotalProgramServiceExpensesAmt
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 EasementsYes (1)ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
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 Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
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 ContributionYes (1)DeductibleArtContributionInd
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 Document6681IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee3201EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryITForeignCountryCd
Foreign CountryUKForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
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 Members33GoverningBodyVotingMembersCnt
Independent Voting Member32IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
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 OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MICHAEL TRAFECANTEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2032544000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11073 NORTH BENSON ROADAddressLine1Txt
CityFAIRFIELDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06824ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (43 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
MARK R NEMEC
PRESIDENT45.000.00Yes (X)Yes (X)$518,359$0$125,056
NANCY A ALTOBELLO
TRUSTEE5.000.00Yes (X)$0$0$0
REV JOHN F BALDOVIN SJ
TRUSTEE1.000.00Yes (X)$0$0$0
JOSEPH R BRONSON
TRUSTEE1.000.00Yes (X)$0$0$0
KEVIN P CANNON
TRUSTEE1.000.00Yes (X)$0$0$0
CARLOS M CARDOSO
TRUSTEE5.000.00Yes (X)$0$0$0
FRANK J CARROLL III
TRUSTEE5.000.00Yes (X)$0$0$0
REV GEORGE E COLLINS
TRUSTEE1.000.00Yes (X)$0$0$0
WILLIAM C CRAGER
TRUSTEE1.000.00Yes (X)$0$0$0
MARY RYAN CUNNINGHAM
TRUSTEE1.000.00Yes (X)$0$0$0
SHEILA KEARNEY DAVIDSON
TRUSTEE5.000.00Yes (X)$0$0$0
CHRISTOPHER C DESMARAIS
TRUSTEE5.000.00Yes (X)$0$0$0
THOMAS J FANNING SR
TRUSTEE (AS OF 7-1-2020)1.000.00Yes (X)$0$0$0
PATRICIA E GLASSFORD
TRUSTEE1.000.00Yes (X)$0$0$0
DOUGLAS W HAMMOND
TRUSTEE1.000.00Yes (X)$0$0$0
BRIAN P HULL
TRUSTEE1.000.00Yes (X)$0$0$0
REV GREGORY KALSCHEUR SJ
TRUSTEE1.000.00Yes (X)$0$0$0
CLAIRE M KNOPF
TRUSTEE1.000.00Yes (X)$0$0$0
STEPHEN M LESSING
TRUSTEE1.000.00Yes (X)$0$0$0
SHELAGH MAHONEY-MCNAMEE
TRUSTEE1.000.00Yes (X)$0$0$0
ANDREW J MCMAHON
TRUSTEE5.000.00Yes (X)$0$0$0
KRISTIN D MCMAHON
TRUSTEE (AS OF 7-1-2020)1.000.00Yes (X)$0$0$0
JOHN C MEDITZ
TRUSTEE5.000.00Yes (X)$0$0$0
ELNER L MORRELL
TRUSTEE1.000.00Yes (X)$0$0$0
ROBERT MURPHY JR
TRUSTEE5.000.00Yes (X)$0$0$0
PHILLIP J NEUGEBAUER
TRUSTEE (AS OF 7-1-2020)1.000.00Yes (X)$0$0$0
GAVIN G O'CONNOR
TRUSTEE1.000.00Yes (X)$0$0$0
BIFF J O'REILLY
TRUSTEE5.000.00Yes (X)$0$0$0
REV STEPHEN A PRIVETT SJ
TRUSTEE5.000.00Yes (X)$0$0$0
CHRISTOPHER C QUICK
TRUSTEE1.000.00Yes (X)$0$0$0
KATIE JACOBS ROBINSON
TRUSTEE1.000.00Yes (X)$0$0$0
ROSELLEN WALSH SCHNURR
TRUSTEE5.000.00Yes (X)$0$0$0
REV MICHAEL F TUNNEY SJ
TRUSTEE1.000.00Yes (X)$0$0$0
MICHAEL TRAFECANTE
TREASURER45.000.00Yes (X)$273,272$0$124,384
KRISTINE CARROLL
SECRETARY45.000.00Yes (X)$72,256$0$49,152
KEVIN LAWLOR
EXEC VICE PRESIDENT (THRU 5-10-2021)45.000.00$382,611$0$114,671Yes (X)
CHRISTINE SIEGEL
PROVOST & SR VP ACADEMICS45.000.00$320,044$0$65,531Yes (X)
RICHARD GREENWALD
DEAN, SCHOOL OF CAS45.000.00$255,900$0$60,256Yes (X)
WALTER HALAS
VP OF ADVANCEMENT45.000.00$297,953$0$66,430Yes (X)
JOHN YOUNG
HEAD MBB COACH45.000.00$425,567$0$58,189Yes (X)
ZHAN LI
DEAN, SCHOOL OF BUSINESS45.000.00$325,524$0$37,271Yes (X)
PAUL SCHLICKMANN
DIRECTOR OF ATHLETICS45.000.00$272,396$0$63,772Yes (X)
JONATHAN CARROLL
CHIEF INFORMATION OFFICER45.000.00$236,477$0$117,257Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,380,359TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$881,969TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K263IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
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
SODEXO OPERATIONS LLC
PO BOX 352BUFFALONY14240DINING SERVICES$13,229,414
GILBANE BUILDING COMPANY
7 JACKSON WALKWAYPROVIDENCERI02903CONSTRUCTION$12,325,286
ABM INDUSTRY GROUP LLC
14141 SOUTHWEST FREEWAY SUITE 400SUGAR LANDTX77478JANITORIAL$4,407,728
PAC GROUP LLC
126 SOUTH MAIN STREETTORRINGTONCT06790CONSTRUCTION$3,200,388
WHITING TURNER CONTRACTING CO
195 CHURCH STREETNEW HAVENCT06510CONSTRUCTION$2,441,873
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K113CntrctRcvdGreaterThan100KCnt
Fundraising$75,523FundraisingAmt
Government Grants$4,959,952GovernmentGrantsAmt
All Other Contributions$20,443,000AllOtherContributionsAmt
Noncash Contributions$5,517,304NoncashContributionsAmt
Total Contributions$25,478,475TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
TUITION & FEES611600$258,854,136$258,854,136
AUXILIARY SERVICES721000$43,533,631$43,533,631
OTHER PROGRAM SERVICES900099$2,784,645$2,784,645
SUMMER CONFERENCES900099$26,902$26,902
FieldValueIRS element (for citing)
Total Program Service Revenue$305,199,314TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,144,904TotalRevenueColumnAmt
Unrelated Business Revenue$97,025UnrelatedBusinessRevenueAmt
Exclusion$8,047,879ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$443,238RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$165,638RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$277,600RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$277,600TotalRevenueColumnAmt
Unrelated Business Revenue-$55,274UnrelatedBusinessRevenueAmt
Exclusion$332,874ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$31,277,657SecuritiesAmt
Other$23,047OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$25,290,554SecuritiesAmt
Other$3,323,847OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$5,987,103SecuritiesAmt
Other-$3,300,800OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,686,303TotalRevenueColumnAmt
Exclusion$2,686,303ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$46,927FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$75,523ContriRptFundraisingEventAmt
Fundraising Direct Expenses$46,927FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$341,786,596TotalRevenueColumnAmt
Related Or Exempt Func Income$305,172,412RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$68,653UnrelatedBusinessRevenueAmt
Exclusion$11,067,056ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$93,460,567TotalAmt
Program Services$93,460,567ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$4,226,265TotalAmt
Program Services$4,226,265ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$4,711,155TotalAmt
Program Services$2,540,538ProgramServicesAmt
Management And General$1,504,855ManagementAndGeneralAmt
Fundraising$665,762FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$96,879,829TotalAmt
Program Services$76,238,109ProgramServicesAmt
Management And General$16,566,933ManagementAndGeneralAmt
Fundraising$4,074,787FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$3,247,648TotalAmt
Program Services$2,555,687ProgramServicesAmt
Management And General$555,364ManagementAndGeneralAmt
Fundraising$136,597FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$21,508,133TotalAmt
Program Services$16,925,498ProgramServicesAmt
Management And General$3,677,998ManagementAndGeneralAmt
Fundraising$904,637FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$6,776,717TotalAmt
Program Services$5,197,626ProgramServicesAmt
Management And General$1,267,370ManagementAndGeneralAmt
Fundraising$311,721FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$796,740TotalAmt
Program Services$17,970ProgramServicesAmt
Management And General$778,770ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$300,586TotalAmt
Program Services$34,458ProgramServicesAmt
Management And General$266,128ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$39TotalAmt
Management And General$39ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$164,782TotalAmt
Fundraising$164,782FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$190,942TotalAmt
Management And General$190,942ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$19,627,695TotalAmt
Program Services$17,880,319ProgramServicesAmt
Management And General$1,664,524ManagementAndGeneralAmt
Fundraising$82,852FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,106,621TotalAmt
Program Services$1,918,358ProgramServicesAmt
Management And General$108,533ManagementAndGeneralAmt
Fundraising$79,730FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$7,352,354TotalAmt
Program Services$5,496,197ProgramServicesAmt
Management And General$1,393,667ManagementAndGeneralAmt
Fundraising$462,490FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$4,788,966TotalAmt
Program Services$1,362,098ProgramServicesAmt
Management And General$3,308,145ManagementAndGeneralAmt
Fundraising$118,723FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$10,609,562TotalAmt
Program Services$10,609,562ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,316,616TotalAmt
Program Services$996,268ProgramServicesAmt
Management And General$291,817ManagementAndGeneralAmt
Fundraising$28,531FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$194,396TotalAmt
Program Services$132,911ProgramServicesAmt
Management And General$56,129ManagementAndGeneralAmt
Fundraising$5,356FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$11,701,996TotalAmt
Program Services$9,418,805ProgramServicesAmt
Management And General$2,255,481ManagementAndGeneralAmt
Fundraising$27,710FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$25,174,980TotalAmt
Program Services$17,304,923ProgramServicesAmt
Management And General$7,707,997ManagementAndGeneralAmt
Fundraising$162,060FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,617,061TotalAmt
Program Services$171,322ProgramServicesAmt
Management And General$1,445,739ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
MAINTENANCE & EQUIPMENT$7,219,230$2,800,693$4,408,596$9,941
CONSULTANTS & HONORARIA$1,497,017$1,006,023$404,149$86,845
LIBRARY ACQUISITIONS$1,179,437$1,058,159$81,311$39,967
STUDY ABROAD$327,114$327,114$0$0

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$2,276,284TotalAmt
Program Services$1,445,677ProgramServicesAmt
Management And General$744,232ManagementAndGeneralAmt
Fundraising$86,375FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$329,252,732TotalAmt
Program Services$273,125,147ProgramServicesAmt
Management And General$48,678,719ManagementAndGeneralAmt
Fundraising$7,448,866FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$318BOYAmt
EOY$1,020EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$76,579,213BOYAmt
EOY$87,770,436EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$37,015,242BOYAmt
EOY$29,534,242EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,281,327BOYAmt
EOY$2,121,948EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

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

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

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

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

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

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

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

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$757,876,138LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$296,146,480LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$455,803,973BOYAmt
EOY$461,729,658EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$287,124,280BOYAmt
EOY$366,420,075EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$77,551,274BOYAmt
EOY$102,313,290EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

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

Intangible Assets IntangibleAssetsGrp

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

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$5,304,194BOYAmt
EOY$25,132,252EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$941,659,821BOYAmt
EOY$1,075,022,921EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$36,842,775BOYAmt
EOY$50,301,480EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$2,049,330BOYAmt
EOY$1,752,346EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$17,957,569BOYAmt
EOY$9,041,756EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$265,733,563BOYAmt
EOY$276,510,834EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

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

Loans From Officers Directors LoansFromOfficersDirectorsGrp

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

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

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

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

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

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$1,118,849EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$322,583,237BOYAmt
EOY$338,725,265EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$338,254,777BOYAmt
EOY$378,566,883EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$280,821,807BOYAmt
EOY$357,730,773EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$619,076,584BOYAmt
EOY$736,297,656EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$941,659,821BOYAmt
EOY$1,075,022,921EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$12,533,864ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$104,816,003NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$128,795OtherChangesInNetAssetsAmt
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$64,139,703CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$23,956,109CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$31,852,407CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$42,763,677CurrentTaxYearMinus1YearAmt
Current Tax Year$25,478,475CurrentTaxYearAmt
Total$188,190,371TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$64,139,703CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$23,956,109CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$31,852,407CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$42,763,677CurrentTaxYearMinus1YearAmt
Current Tax Year$25,478,475CurrentTaxYearAmt
Total$188,190,371TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$43,164,240SubstantialContributorsTotAmt
Public Support Total170$145,026,131PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,071,659CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$8,509,434CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$7,971,642CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,130,651CurrentTaxYearMinus1YearAmt
Current Tax Year$8,353,986CurrentTaxYearAmt
Total$44,037,372TotalAmt
FieldValueIRS element (for citing)
Total Support$232,227,743TotalSupportAmt
Gross Receipts Rltd Activities$1,425,572,193GrossReceiptsRltdActivitiesAmt
Public Support CY1700.62450PublicSupportCY170Pct
Public Support PY1700.63180PublicSupportPY170Pct
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
Media Advertisements$0MediaAdvertisementsAmt
Mailings Members0MailingsMembersInd
Mailings Members$0MailingsMembersAmt
Publications Or Broadcast0PublicationsOrBroadcastInd
Publications Or Broadcast$0PublicationsOrBroadcastAmt
Grants Other Organizations0GrantsOtherOrganizationsInd
Grants Other Organizations$0GrantsOtherOrganizationsAmt
Direct Contact Legislators0DirectContactLegislatorsInd
Direct Contact Legislators$0DirectContactLegislatorsAmt
Rallies Demonstrations0RalliesDemonstrationsInd
Rallies Demonstrations$0RalliesDemonstrationsAmt
Other ActivitiesYes (1)OtherActivitiesInd
Other Activities$39OtherActivitiesAmt
Total Lobbying Expenditures$39TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationFAIRFIELD UNIVERSITY INDIRECTLY INCURS LOBBYING EXPENSE THROUGH DUES PAID TO OTHER ORGANIZATIONS.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Protection Natural HabitatYes (X)ProtectionNaturalHabitatInd
Total Easements9TotalEasementsCnt
Total Acreage30.00TotalAcreageCnt
Historic Strctr Easements Aftr2HistoricStrctrEasementsAftrCnt
Modified Easements0ModifiedEasementsCnt
States Easements Held1StatesEasementsHeldCnt
Written Policy MonitoringYes (1)WrittenPolicyMonitoringInd
Staff Hours Spent Enforcement65.00StaffHoursSpentEnforcementCnt
Expenses Incurred Enforcement$40,000ExpensesIncurredEnforcementAmt
Section170h Rqr Stsfd0Section170hRqrStsfdInd

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Revenues Included$0RevenuesIncludedAmt
Assets Included$0AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$357,051,925BeginningYearBalanceAmt
Contributions$5,229,014ContributionsAmt
Investment Earnings Or Losses$118,628,213InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,158,615GrantsOrScholarshipsAmt
Other Expenditures$11,999,924OtherExpendituresAmt
Administrative Expenses$146,449AdministrativeExpensesAmt
End Year Balance$464,604,164EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$382,450,518BeginningYearBalanceAmt
Contributions$1,402,417ContributionsAmt
Investment Earnings Or Losses-$15,169,929InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,530,960GrantsOrScholarshipsAmt
Other Expenditures$6,958,998OtherExpendituresAmt
Administrative Expenses$141,123AdministrativeExpensesAmt
End Year Balance$357,051,925EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$371,182,676BeginningYearBalanceAmt
Contributions$8,226,618ContributionsAmt
Investment Earnings Or Losses$14,081,047InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,407,492GrantsOrScholarshipsAmt
Other Expenditures$6,465,466OtherExpendituresAmt
Administrative Expenses$166,865AdministrativeExpensesAmt
End Year Balance$382,450,518EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$355,306,266BeginningYearBalanceAmt
Contributions$6,966,222ContributionsAmt
Investment Earnings Or Losses$25,695,257InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,856,209GrantsOrScholarshipsAmt
Other Expenditures$12,497,141OtherExpendituresAmt
Administrative Expenses$431,719AdministrativeExpensesAmt
End Year Balance$371,182,676EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$316,913,844BeginningYearBalanceAmt
Contributions$6,966,058ContributionsAmt
Investment Earnings Or Losses$42,738,641InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,138,098GrantsOrScholarshipsAmt
Other Expenditures$6,544,540OtherExpendituresAmt
Administrative Expenses$629,639AdministrativeExpensesAmt
End Year Balance$355,306,266EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.38996BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.61004PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,108,009OtherCostOrOtherBasisAmt
Book Value$9,108,009BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$632,157,632OtherCostOrOtherBasisAmt
Depreciation$218,084,091DepreciationAmt
Book Value$414,073,541BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$85,364,896OtherCostOrOtherBasisAmt
Depreciation$69,660,071DepreciationAmt
Book Value$15,704,825BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$31,245,601OtherCostOrOtherBasisAmt
Depreciation$8,402,318DepreciationAmt
Book Value$22,843,283BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$461,729,658TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (3 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
PRIVATE EQUITY AND OTHER$31,976,167F
EQUITY FUNDS (NONREGISTERED)$22,484,311F
HEDGE FUND OF FUNDS$47,852,812F
FieldValueIRS element (for citing)
Total Book Value Securities$102,313,290TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescCAPITAL LEASESDesc
Amt$1,118,849Amt
FieldValueIRS element (for citing)
Total Liability$1,118,849TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$348,808,440TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$104,816,003NetUnrealizedGainsInvstAmt
Other Revenue-$97,603,217OtherRevenueAmt
Revenue Not Reported$7,212,786RevenueNotReportedAmt
Revenue Subtotal$341,595,654RevenueSubtotalAmt
Investment Expenses Not Incld$190,942InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$190,942RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$341,786,596TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$231,587,368TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included-$97,474,422OtherExpensesIncludedAmt
Expenses Not Reported-$97,474,422ExpensesNotReportedAmt
Expenses Subtotal$329,061,790ExpensesSubtotalAmt
Investment Expenses Not Incld2$190,942InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$190,942ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$329,252,732TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 1A:SFAS 116 (ASC 958) FOOTNOTE THE ART COLLECTIONS ARE DONATED TO THE UNIVERSITY AND NOT RECOGNIZED IN THE ASSETS OF THE BALANCE SHEET. THE AUDITED FINANCIAL STATEMENTS DO NOT HAVE A FOOTNOTE REGARDING THE COLLECTIONS.
PART III, LINE 4:ORGANIZATION'S COLLECTION THE ART COLLECTIONS ARE AN IMPORTANT CULTURAL RESOURCE OF THE UNIVERSITY, PROVIDING ARTS AND ACADEMIC ENRICHMENT TO THE STUDENTS, FACULTY, LOCAL COMMUNITY, AND INTERNATIONAL SCHOLARLY COMMUNITY. THE COLLECTIONS ARE HOUSED AT THE FAIRFIELD UNIVERSITY ART MUSEUM'S THOMAS J WALSH ART GALLERY, THE BELLARMINE HALL GALLERIES AND AT VARIOUS LOCATIONS ON CAMPUS. THE COLLECTIONS AREA OF THE MUSEUM'S WEBSITE PROVIDES DIGITAL ACCESS TO THESE WORKS OF ART, AND PROVIDES ART HISTORICAL AND TECHNICAL INFORMATION ABOUT THESE OBJECTS. THE FAIRFIELD UNIVERSITY ART MUSEUM IS DEDICATED TO PRESERVING, STUDYING, AND EXHIBITING THOSE OBJECTS ENTRUSTED TO ITS CARE, WHILE NEVER LOSING SIGHT OF ITS OBLIGATION TO EDUCATE AND INSPIRE ITS MANY AUDIENCES, FOR THE GREATER ENRICHMENT OF ALL. THE MUSEUM IS OPEN TO THE PUBLIC AND FREE OF CHARGE.
PART V, LINE 4:THE UNIVERSITY'S ENDOWMENT IS AN AGGREGATION OF GIFTS PROVIDED BY DONORS WITH THE REQUIREMENT THE GIFTS BE HELD IN PERPETUITY TO GENERATE EARNINGS NOW AND IN FUTURE YEARS TO SUPPORT THE UNIVERSITY'S PROGRAMS OF INSTRUCTION, RESEARCH AND PUBLIC SERVICE AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENT. EARNINGS FROM ENDOWMENT INVESTMENTS SUPPORT SCHOLARSHIPS, CHAIRS, PROFESSORSHIPS, FELLOWSHIPS, BASIC RESEARCH, AS WELL AS ACADEMIC AND PUBLIC SERVICE PROGRAMS. THE ENDOWMENT SHOULD PROVIDE STABILITY SINCE THE PRINCIPAL IS INVESTED AND EARNINGS ARE GENERATED YEAR AFTER YEAR. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS.
PART X, LINE 2:THE UNIVERSITY IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS GENERALLY EXEMPT FROM INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE UNIVERSITY RECOGNIZES THE EFFECTS OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. THE UNIVERSITY EVALUATES, ON AN ANNUAL BASIS, THE EFFECTS OF ANY UNCERTAIN TAX POSITIONS ON ITS FINANCIAL STATEMENTS. AS OF JUNE 30, 2021 AND 2020, THE UNIVERSITY HAS NOT IDENTIFIED OR PROVIDED FOR ANY SUCH POSITIONS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:STUDENT FINANCIAL AID -97,686,832. UNCOLLECTIBLE PLEDGES WRITE-OFF -235,720. RENTAL EXPENSE 165,638. GAIN ON EXTINGUISHMENT 139,089. FUNDRAISING EXPENSE 46,927. VALUE IN SPLIT INTEREST AGREEMENT -32,319.
PART XII, LINE 2D - OTHER ADJUSTMENTS:STUDENT FINANCIAL AID -97,686,832. RENTAL EXPENSE 165,638. FUNDRAISING EXPENSE 46,927. ROUNDING -155.

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 (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3SEE SUPPLEMENTAL PAGE
PART I, LINE 3FAIRFIELD UNIVERSITY ADMITS STUDENTS OF ANY SEX, RACE, COLOR, MARITAL STATUS, SEXUAL ORIENTATION, RELIGION, AGE, NATIONAL ORIGIN OR ANCESTRY, DISABILITY OR HANDICAP TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS OF THE UNIVERSITY. IT DOES NOT DISCRIMINATE ON THE BASIS OF SEX, RACE, COLOR, MARITAL STATUS, SEXUAL ORIENTATION, GENDER IDENTITY, VETERAN'S STATUS, POLITICAL IDEOLOGY, RELIGION, AGE, NATIONAL ORIGIN OR ANCESTRY, DISABILITY OR HANDICAP IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, EMPLOYMENT POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, ATHLETIC PROGRAMS, OR OTHER UNIVERSITY-ADMINISTERED PROGRAMS. THIS INFORMATION IS OUTLINED ON FAIRFIELD UNIVERSITY'S PUBLIC WEBSITE.
PART I, LINE 6FAIRFIELD UNIVERSITY RECEIVES GRANTS, AWARDS AND FINANCIAL ASSISTANCE FOR ITS STUDENTS FROM VARIOUS GOVERNMENTAL AGENCIES. THE UNIVERSITY HAS ALWAYS BEEN IN GOOD STANDING AND THE RIGHT TO RECEIVE SUCH AID HAS NEVER BEEN REVOKED OR SUSPENDED.

Schedule F IRS990ScheduleF

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

Account Activities Outside US AccountActivitiesOutsideUSGrp (12 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
EUROPE (INCLUDING ICELAND AND GREENLAND)26PROGRAM SERVICESSTUDY ABROAD PROGRAM$402,799
CENTRAL AMERICA AND THE CARIBBEANGRANTMAKING$94,050
EAST ASIA AND THE PACIFICGRANTMAKING$1,139,689
EUROPE (INCLUDING ICELAND AND GREENLAND)GRANTMAKING$1,587,272
MIDDLE EAST AND NORTH AFRICAGRANTMAKING$56,900
NORTH AMERICAGRANTMAKING$512,314
RUSSIA AND THE NEWLY INDEPENDENT STATESGRANTMAKING$118,910
SOUTH AMERICAGRANTMAKING$115,550
SOUTH ASIAGRANTMAKING$372,350
SUB-SAHARAN AFRICAGRANTMAKING$229,230
CENTRAL AMERICA AND THE CARIBBEANINVESTMENTS$64,046,475
EUROPE (INCLUDING ICELAND AND GREENLAND)INVESTMENTS$834,017
FieldValueIRS element (for citing)
Subtotal Offices2SubtotalOfficesCnt
Subtotal Employees6SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office2TotalOfficeCnt
Total Employee6TotalEmployeeCnt
Subtotal Spent$4,027,484SubtotalSpentAmt
Continuation Spent$65,482,072ContinuationSpentAmt
Total Spent$69,509,556TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (9 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmt
SCHOLARSHIPCENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,3$94,050
SCHOLARSHIPEAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,81$1,139,689
SCHOLARSHIPEUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU39$1,587,272
SCHOLARSHIPMIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT,5$56,900
SCHOLARSHIPNORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES13$512,314
SCHOLARSHIPSRUSSIA AND THE INDEPENDENTLY NEW STATES3$118,910
SCHOLARSHIPSOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR,8$115,550
SCHOLARSHIPSOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL,23$372,350
SCHOLARSHIPSUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO,7$229,230
FieldValueIRS element (for citing)
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

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III ACCOUNTING METHOD:
PART I, LINE 1THE UNIVERSITY HAS IN PLACE INTERNAL CONTROLS TO ENSURE AMOUNTS ARE AWARDED TO STUDENTS WHO CONTINUE TO MEET AND MAINTAIN ELIGIBILTY REQUIREMENTS. THESE INTERNAL CONTROLS ARE ADMINISTRATED BY THE UNIVERSITY'S FINANCIAL AID OFFICE.
PART 1, LINE 3STUDY ABROAD PROGRAMS AND GRANTMAKING ARE REPORTED ON THE ACCRUAL METHOD. INVESTMENTS ARE REPORTED AT FAIR MARKET VALUE. SCHEDULE F - GRANTMAKING THE UNIVERSITY OFFERS FINANCIAL ASSISTANCE IN THE FORM OF LOANS, GRANTS, EMPLOYMENT (WORK STUDY) AND SCHOLARSHIPS. THE AWARDS ARE AWARDED TO STUDENTS MEETING CERTAIN ELIGIBILITY REQUIREMENTS. THE PROGRAMS ARE ADMINISTERED BY THE FINANCIAL AID OFFICE.

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndGross ReceiptsGrossReceiptsAmtRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
GIVECAMPUS INC
903 G ST SEWASHINGTONDC20003EXTERNAL WEBSITE0$114,932$10,770$104,162
GREATER GIVING
1920 NE STUCKI AVE SUITE 140HILLSBOROOR97006EXTERNAL WEBSITE0$65,875$5,255$60,620
FieldValueIRS element (for citing)
Total Gross Receipts$180,807TotalGrossReceiptsAmt
Total Retained By Contractors$16,025TotalRetainedByContractorsAmt
Total Net To Organization$164,782TotalNetToOrganizationAmt
Licensed StatesCTLicensedStatesCd
Licensed StatesFLLicensedStatesCd
Licensed StatesNJLicensedStatesCd
Licensed StatesNYLicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1PREP AUCTIONEvent1Nm
Gross Receipts Event1$65,875GrossReceiptsEvent1Amt
Charitable Contri Event1$26,058CharitableContriEvent1Amt
Gross Revenue Event1$39,817GrossRevenueEvent1Amt
Rent Facility Costs Event1$38,610RentFacilityCostsEvent1Amt
Other Direct Expenses Event1$1,207OtherDirectExpensesEvent1Amt
Event2PREP GOLF OUTINGEvent2Nm
Gross Receipts Event2$56,575GrossReceiptsEvent2Amt
Charitable Contri Event2$49,465CharitableContriEvent2Amt
Gross Revenue Event2$7,110GrossRevenueEvent2Amt
Rent Facility Costs Event2$141RentFacilityCostsEvent2Amt
Food And Beverage Event2$155FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$6,814OtherDirectExpensesEvent2Amt
Gross Receipts Total$122,450GrossReceiptsTotalAmt
Charitable Contributions Tot$75,523CharitableContributionsTotAmt
Gross Revenue Total Events$46,927GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$38,751RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$155FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$8,021OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$46,927DirectExpenseSummaryEventsAmt
Net Income Summary$0NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
INSTITUTIONAL SCHOLARSHIPS6184$78,303,897
ATHLETIC SCHOLARSHIPS325$6,538,533
STATE AND FEDERAL GRANTS719$859,886
PREP SCHOOL FINANCIAL AID287$3,079,814
OTHER FINANCIAL AID730$4,678,437

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE UNIVERSITY OFFERS FINANCIAL ASSISTANCE IN THE FORM OF LOANS, GRANTS, EMPLOYMENT (WORK STUDY) AND SCHOLARSHIPS. THE AWARDS ARE AWARDED TO STUDENTS MEETING CERTAIN ELIGIBILITY REQUIREMENTS. THE PROGRAMS ARE ADMINISTERED BY THE FINANCIAL AID OFFICE WHICH HAS VARIOUS INTERNAL CONTROLS IN PLACE TO MONITOR THE AMOUNT OFFERED TO STUDENTS. AN ANNUAL UNIFORM GUIDANCE AUDIT IS CONDUCTED FOR THE FINANCIAL AID PROGRAMS AND THE FISAP REPORT IS PREPARED ANNUALLY FOR THE DEPARTMENT OF EDUCATION. AMOUNTS OF AID AWARDED ARE CREDITED TO STUDENT ACCOUNTS AND NOT SENT DIRECTLY TO THE STUDENT.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
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
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
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 Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 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
MARK R NEMEC
PRESIDENT$493,531$0$0$0$24,828$0$25,650$0$99,406$0$643,415$0$0$0
KEVIN LAWLOR
EXEC VICE PRESIDENT (THRU 5-10-2021)$374,623$0$0$0$7,988$0$24,218$0$90,453$0$497,282$0$0$0
JOHN YOUNG
HEAD MBB COACH$422,255$0$0$0$3,312$0$25,558$0$32,631$0$483,756$0$0$0
MICHAEL TRAFECANTE
TREASURER$273,272$0$0$0$0$0$19,373$0$105,011$0$397,656$0$0$0
CHRISTINE SIEGEL
PROVOST & SR VP ACADEMICS$320,044$0$0$0$0$0$22,021$0$43,510$0$385,575$0$0$0
WALTER HALAS
VP OF ADVANCEMENT$294,320$0$0$0$3,633$0$21,194$0$45,236$0$364,383$0$0$0
ZHAN LI
DEAN, SCHOOL OF BUSINESS$319,524$0$0$0$6,000$0$21,785$0$15,486$0$362,795$0$0$0
JONATHAN CARROLL
CHIEF INFORMATION OFFICER$236,477$0$0$0$0$0$17,559$0$99,698$0$353,734$0$0$0
PAUL SCHLICKMANN
DIRECTOR OF ATHLETICS$269,305$0$0$0$3,091$0$19,893$0$43,879$0$336,168$0$0$0
RICHARD GREENWALD
DEAN, SCHOOL OF CAS$243,500$0$0$0$12,400$0$16,871$0$43,385$0$316,156$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 1AFormAndLineReferenceDesc
ExplanationTHE PRESIDENT RESIDES IN A HOUSE THAT WAS DONATED TO THE UNIVERSITY SPECIFICALLY FOR THE PRESIDENT'S USE. THE HOUSE IS USED EXTENSIVELY FOR UNIVERSITY EVENTS. THE PRESIDENT LIVES IN THE HOUSE FOR THE CONVENIENCE OF THE UNIVERSITY. CLEANING SERVICES ARE PROVIDED FOR THE HOUSE AS UNIVERSITY EVENTS ARE CONDUCTED THERE. ALL AMOUNTS ARE INCLUDED IN NON-TAXABLE BENEFITS IN COLUMN D OF SCHEDULE J, PART II, COLUMN (D). THE UNIVERSITY PROVIDES AN APARTMENT FOR USE BY THE DEAN OF THE SCHOOL OF BUSINESS AND THE PRESIDENT OF THE SECONDARY HIGH SCHOOL. ALL AMOUNTS ARE INCLUDED IN TAXABLE INCOME. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: THE PRESIDENT RECEIVED MEMBERSHIP TO A CLUB FOR THE PURPOSE OF ENTERTAINING POTENTIAL DONORS. ALL AMOUNTS ARE INCLUDED IN TAXABLE INCOME.ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
CHEFA 2016 SERIES Q-1
A06080618620774YYR22016-02-25$53,583,942CONSTRUCT OF VAR CAMPUS FACILITIES000
CHEFA 2016 SERIES Q-2
B06080618620774YZH32016-03-30$20,006,907PARTIALLY REFUND CHEFA SERIES 2008000
CHEFA 2017 SERIES R
C06080618620774Y3812017-12-20$121,950,419REFUND CHEFA SERIES O CONSTRUCTION000
CHEFA 2018 SERIES S
D06080618620774Y3Y12018-04-04$75,309,545REFUND CHEFA SERIES M & N000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdTotal ProceedsTotalProceedsAmtCapitalized InterestCapitalizedInterestAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndRetiredRetiredAmtOther Spent ProceedsOtherSpentProceedsAmt
A$53,583,942$3,138,393$525,083$49,920,466201800Yes (1)Yes (1)
B$20,006,907$291,4760Yes (1)Yes (1)Yes (1)$2,960,000$19,715,431
C$121,950,419$808,952$40,000,0000Yes (1)Yes (1)Yes (1)$81,141,467
D$75,309,545$554,3892018Yes (1)0Yes (1)Yes (1)$10,060,000$74,755,156

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdIndEngage Bond Counsel ResearchEngageBondCounselResearchInd
A00Yes (1)Yes (1)00.000000.000000.0000000Yes (1)
B00Yes (1)Yes (1)Yes (1)0.000000.000000.0000000Yes (1)Yes (1)
C00Yes (1)Yes (1)00.000000.000000.0000000Yes (1)
D00Yes (1)Yes (1)00.000000.017000.0170000Yes (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)
C0Yes (1)000000Yes (1)
D0Yes (1)000000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

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

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART II, LINE 11CHEFA 2016 SERIES Q-2 BOND: THE OTHER SPENT PROCEEDS WERE USED TO ADVANCE REFUND A PORTION OF THE SERIES M BOND ISSUE. CHEFA 2017 SERIES R BOND: THE OTHER PROCEEDS WERE USED TO REFUND SERIES O. THE REMAINING $40 MILLION WAS USED FOR THE CONSTRUCTION OF NEW JR/SR TOWNHOUSES AND RENOVATIONS OF OTHER CAMPUS FACILITIES. CHEFA 2018 SERIES S BOND: THE OTHER SPEND PROCEEDS WERE USED TO CURRENTLY REFUND THE 2008 SERIES M AND SERIES N BOND ISSUES. CHEFA 2020 SERIES T BOND: THE OTHER SPENT PROCEEDS WERE USED TO REFUND THE 2010 SERIES P BOND SERIES.
PART III, LINE 3AALL MANAGEMENT AND SERVICE CONTRACTS IN BOND FINANCED SPACE HAVE BEEN PREVIOUSLY REVIEWED BY BOND COUNSEL. THEY WERE DETERMINED TO FALL UNDER THE SAFE HARBOR PROVIDED BY REVENUE PROCEDURE 2007-17 AND WILL NOT RESULT IN PRIVATE BUSINESS USE.
PART III, LINE 3CRESEARCH AGREEMENTS: RESEARCH AGREEMENTS RELATING TO BONDS ISSUE HAVE BEEN REVIEWED BY BOND COUNSEL TO ENSURE THEY ARE COMPLIANT WITH THE APPLICABLE SAFE HARBORS. THE RESEARCH AGREEMENTS DID NOT RESULT IN ANY PRIVATE BUSINESS USE.
PART IV, LINE 2CTHE DATE OF MOST RECENT REBATE CALCULATION FOR THE CHEFA 2016 SERIES Q-1 WAS FEBRUARY 25, 2021. THE DATE OF THE MOST RECENT REBATE CALCULATION FOR THE CHEFA 2016 Q-2 WAS MARCH 30, 2021.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1CHEFA 2020 SERIES TBusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN060806186BondIssuerEIN
CUSIP20775DHW5CUSIPNum
Bond Issued2020-09-10BondIssuedDt
Issue Price$28,063,429IssuePriceAmt
PurposeREFUND CHEFA SERIES P CONSTRUCTIONPurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Retired$705,000RetiredAmt
Total Proceeds$28,063,429TotalProceedsAmt
Issuance Costs From Proceeds$489,189IssuanceCostsFromProceedsAmt
Capital Expenditures$1,892,166CapitalExpendituresAmt
Other Spent Proceeds$6,949,859OtherSpentProceedsAmt
Unspent$18,732,215UnspentAmt
Refunding Tax Exempt BondsYes (1)RefundingTaxExemptBondsInd
Refunding Taxable Bonds0RefundingTaxableBondsInd
Final Allocation Made0FinalAllocationMadeInd
Adequate Books And Rec MaintYes (1)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed Property0OwningBondFinancedPropertyInd
Any Lease Arrangements0AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd PropYes (1)MgmtContractBondFincdPropInd
Engage Bond Counsel ContractsYes (1)EngageBondCounselContractsInd
Any Research Agreements0AnyResearchAgreementsInd
Private Bus Use By Others0.00000PrivateBusUseByOthersPct
Private Bus Concerning UBI0.00000PrivateBusConcerningUBIPct
Total Private Business Use0.00000TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt Test0BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop0ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond RemdtdYes (1)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T Filed0Form8038TFiledInd
Rebate Not Due YetYes (1)RebateNotDueYetInd
Exception To Rebate0ExceptionToRebateInd
No Rebate Due0NoRebateDueInd
Variable Rate Issue0VariableRateIssueInd
Hedge Identified In Bks And Rec0HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGICInd
Gross Proceeds Invested0GrossProceedsInvestedInd
Written Proc To Monitor ReqsYes (1)WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionYes (1)ProceduresCorrectiveActionInd

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution393ContributionCnt
Noncash Contributions Rpt F990$0NoncashContributionsRptF990Amt
Method Of Determining RevenuesAPPRAISALSMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution67ContributionCnt
Noncash Contributions Rpt F990$4,102,509NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescOTHER - GIKDesc
Contribution27ContributionCnt
Noncash Contributions Rpt F990$1,414,795NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received3Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1, COLUMN (C)WORKS OF ART FAIRFIELD UNIVERSITY DOES NOT REPORT AN APPRAISED VALUE FOR WORK OF ARTS IN ITS AUDITED FINANCIAL STATEMENTS.
PART I, PART I, COLUMN BTHE NUMBER IN SCHEDULE M, PART I, COLUMN B REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I, LINE 1FAIRFIELD'S MISSION IS TO DEVELOP THE CREATIVE INTELLECTUAL POTENTIAL OF ITS STUDENTS AND TO FOSTER IN THEM ETHICAL AND RELIGIOUS VALUES AND A SENSE OF SOCIAL RESPONSIBILITY.
PART III, LINE 1THE PURPOSE OF FAIRFIELD UNIVERSITY IS TO ESTABLISH, ORGANIZE, MAINTAIN AND CONDUCT AN INSTITUTION FOR INTERMEDIATE, SECONDARY, UNDERGRADUATE AND GRADUATE EDUCATION IN THE STATE OF CONNECTICUT, AND TO PERFORM SUCH OTHER WORKS OF EDUCATION, CHARITY AND RELIGION. A FAIRFIELD UNIVERSITY EDUCATION HAS BECOME MORE INTEGRATED IN FOCUS, MORE GLOBAL IN OUTLOOK, AND MORE INTENTIONAL IN ITS STRUCTURE THAN EVER BEFORE IN THE JESUIT TRADITION. WE ARE COMMITTED TO CREATING A STUDENT-FOCUSED, HOLISTIC, AND DIVERSE EDUCATIONAL ENVIRONMENT INTENDED TO EDUCATE THE WHOLE PERSON, MIND, BODY AND SPIRIT. WE WANT TO CULTIVATE IN BOTH OUR UNDERGRADUATE AND GRADUATE STUDENTS A SENSE OF COMMUNITY AND STRONG ETHICAL AND SPIRITUAL VALUES TO GUIDE THEM ON THEIR PATHS INTO THE FUTURE. COVID-19 IMPACT IN RESPONSE TO COVID-19, THE UNITED STATES CONGRESS PASSED THE CORONAVIRUS AID, RELIEF AND ECONOMIC SECURITY (CARES) ACT ON MARCH 27, 2020 AND THE CORONAVIRIS RESPONSE AND RELIEF SUPPLEMENTAL APPROPRIATIONS ACT (CRRSAA) ON DECEMBER 27, 2020. THE UNIVERSITY RECOGNIZED $1,692,000 IN GRANT REVENUE AS A RESULT OF THE CARES AND CRRSAA ACTS IN FISCAL YEAR 2021. THE FUNDS WERE USED TO AWARD COVID-19 RELIEF AID TO STUDENTS, AS WELL AS, TO OFFSET COSTS INCURRED BY THE UNIVERSITY RELATED TO COVID-19, INCLUDING ADJUSTMENTS TO ROOM AND BOARD.
PART III, LINE 4AFAIRFIELD UNIVERSITY IS AN INSTITUTION OF HIGHER LEARNING WITH UNDERGRADUATE, GRADUATE, DOCTORATE AND CONTINUING EDUCATION ACADEMIC PROGRAMS INCLUDING STUDENTS RESIDING ON CAMPUS. FULL-TIME EQUIVALENT ENROLLMENT FOR THE 2020-2021 ACADEMIC YEAR WAS 4,272 UNDERGRADUATES AND 774 GRADUATE STUDENTS WITH APPROXIMATELY 3,106 STUDENTS LIVING IN ON-CAMPUS RESIDENCES. ALSO INCLUDED IN OUR PROGRAM SERVICES IS A SECONDARY PREPARATORY SCHOOL WITH AN ENROLLMENT OF APPROXIMATELY 740 STUDENTS. FAIRFIELD UNIVERSITY WELCOMED 1,118 MEMBERS OF THE CLASS OF 2024 AND 59 TRANSFER STUDENTS TO CAMPUS IN THE FALL OF 2020. THE CLASS OF 2024 IS A STRONG CLASS, WITH AN AVERAGE SAT SCORE OF 1264 UNDER THE NEW SCORING SYSTEM. CONTINUED REFINEMENT OF THE FINANCIAL AID PROCESS AS WELL AS ENHANCEMENTS TO CAMPUS PROGRAMMING AND FOLLOW UP COMMUNICATION EFFORTS RESULTED IN A CLASS THAT EXCEEDED OUR BUDGETED GOALS. FAIRFIELD UNIVERSITY WAS ONCE AGAIN RECOGNIZED IN THE ANNUAL U.S. NEWS AND WORLD REPORT (USNWR) BEST COLLEGES 2022 RANKINGS. THE UNIVERSITY TOPPED THE 2022 ANNUAL LISTS WITH BOTH REGIONAL AND NATIONAL DISTINCTIONS. PLACING HIGH UP ON THE BEST REGIONAL UNIVERSITIES IN THE NORTH LIST AT #3, FAIRFIELD WAS ALSO RANKED AT #3 AMONG THE MOST INNOVATIVE SCHOOLS IN THE NORTHERN REGION, AND #3 ON THE BEST UNDERGRADUATE TEACHING - REGIONAL UNIVERSITIES LIST. THE UNIVERSITY JUMPED TWO SPOTS TO #19 FOR BEST VALUE SCHOOLS - REGIONAL UNIVERSITIES NORTH. NATIONALLY, FAIRFIELD UNIVERSITY'S CHARLES F. DOLAN SCHOOL OF BUSINESS PROGRAMS WERE RECOGNIZED IN THE TOP 32 PERCENT, AT #166 ON THE BEST UNDERGRADUATE BUSINESS PROGRAMS LIST - UP 14 SPOTS FROM THE PREVIOUS YEAR. FOR BEST UNDERGRADUATE BUSINESS PROGRAMS - ACCOUNTING, FAIRFIELD DOLAN WAS RANKED NEAR THE TOP AT #21, JUMPING 23 SPOTS FROM 2021. ADDITIONALLY, FAIRFIELD DOLAN ROSE TO #16 FOR BEST UNDERGRADUATE BUSINESS PROGRAMS - FINANCE, AND TO #23 ON THE BEST UNDERGRADUATE BUSINESS PROGRAMS - MARKETING. BEST UNDERGRADUATE BUSINESS PROGRAMS - BUSINESS ANALYTICS, RANKED #13. NEW THIS YEAR, U.S. NEWS & WORLD REPORT INCLUDED BEST UNDERGRADUATE NURSING PROGRAMS IN THEIR RANKINGS. FAIRFIELD'S MARION PECKHAM EGAN SCHOOL OF NURSING AND HEALTH STUDIES WAS RANKED IN THE TOP 11 PERCENT NATIONALLY AT #76 (TIED) OUT OF ALMOST 700 SCHOOLS. FAIRFIELD'S SCHOOL OF ENGINEERING LANDED AT #109 IN THE TOP HALF OF SCHOOLS RANKED FOR BEST UNDERGRADUATE ENGINEERING PROGRAMS - NO DOCTORATE. THE UNIVERSITY ALSO RANKED #5 OUT OF 13 COLLEGES THAT GIVE MERIT AID TO THE MOST STUDENTS. IN OTHER NATIONAL RANKINGS, FAIRFIELD UNIVERSITY HAS ONCE AGAIN BEEN RANKED IN THE TOP 5 PERCENT NATIONWIDE IN COLLEGE FACTUAL'S ANNUAL BEST QUALITY RANKINGS. BACHELOR'S, MASTER'S AND DOCTORATE LEVEL PROGRAMS ACROSS THE UNIVERSITY RECEIVED HIGH NATIONAL PLACEMENT IN CATEGORIES SUCH AS BUSINESS, MANAGEMENT & MARKETING; MANAGEMENT INFORMATION SYSTEMS; ACCOUNTING; MARKETING; FINANCE & FINANCIAL MANAGEMENT; COMMUNICATION & JOURNALISM; NURSING; AND MENTAL HEALTH & SOCIAL HEALTH SERVICES. COLLEGE FACTUAL ANALYZES MORE THAN 2,000 SCHOOLS ANNUALLY TO DETERMINE ITS RANKINGS IN A VARIETY OF CATEGORIES. REGIONALLY, FAIRFIELD WAS RANKED #1 IN BEST SCHOOL PSYCHOLOGY MASTER'S DEGREE SCHOOLS; #1 IN BEST COMMUNICATION & MEDIA STUDIES MASTER'S DEGREE SCHOOLS; #1 IN BEST PUBLIC RELATIONS & ADVERTISING BACHELOR'S DEGREE SCHOOLS; #1 IN BEST NURSING DOCTOR'S DEGREE SCHOOLS; AND #2 IN BEST PSYCHIATRIC/MENTAL HEALTH NURSING DOCTOR'S DEGREE SCHOOLS. FAIRFIELD WAS ALSO RANKED AMONG THE TOP 25 PERCENT OF COLLEGES AND UNIVERSITIES IN THE NATION, AND AMONG THE TOP 15 PERCENT FOR ENGAGEMENT ACCORDING TO THE WALL STREET JOURNAL (WSJ)/TIMES HIGHER EDUCATION (THE) 2022 COLLEGE RANKING. AMONG SCHOOLS IN THE NORTHEAST REGION, FAIRFIELD WAS RANKED #76. WITHIN THE "ENGAGEMENT" CATEGORY, WHICH CONSIDERS STUDENT ENGAGEMENT, INTERACTION WITH TEACHERS AND STUDENTS, STUDENT RECOMMENDATION AND ACCREDITED PROGRAMS, FAIRFIELD WAS RANKED IN THE TOP 100 AT #96. ADDITIONALLY, THE MOST RECENT UPDATE OF THE CARNEGIE CLASSIFICATION OF INSTITUTIONS OF HIGHER EDUCATION, RELEASED DECEMBER 2021, HAS ELEVATED FAIRFIELD UNIVERSITY TO THE DOCTORAL CLASSIFICATION, AS ONE OF 73 NEW DOCTORAL PROFESSIONAL INSTITUTIONS TO BE ADDED TO THIS CATEGORY. FAIRFIELD WAS FORMERLY CLASSIFIED AMONG MASTER'S INSTITUTIONS.
FORM 990, PART VI, SECTION A, LINE 2BOARD OF TRUSTEE MEMBERS ANDREW J. MCMAHON AND KRISTIN D. MCMAHON ARE RELATED THROUGH MARRIAGE (BROTHER AND SISTER-IN-LAW).
FORM 990, PART VI, SECTION B, LINE 11BIT IS THE POLICY OF FAIRFIELD UNIVERSITY THAT EACH VOTING MEMBER OF THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES IS PRESENTED WITH A COPY OF THE COMPLETED IRS FORM 990 BEFORE IT IS FILED WITH THE IRS. FORM 990 IS REVIEWED AND APPROVED BY THE VICE PRESIDENT FOR FINANCE BEFORE IT IS FORWARDED TO THE FINANCE AND AUDIT COMMITTEE.
FORM 990, PART VI, SECTION B, LINE 12CMEMBERS OF THE BOARD OF TRUSTEES ARE ASKED TO SIGN A CONFLICT OF INTEREST STATEMENT. THE STATEMENT SHALL BE SIGNED ANNUALLY BY EACH BOARD MEMBER AS A CONDITION OF MEMBERSHIP ON THE BOARD OF TRUSTEES. EACH TRUSTEE IS EXPECTED TO DISCLOSE IN WRITING TO THE CHAIRMAN OF THE BOARD ALL SITUATIONS IN WHICH CONFLICTS MIGHT EXIST OR APPEAR TO EXIST. CONFLICT OF INTEREST STATEMENTS ARE COLLECTED AND REVIEWED BY THE UNIVERSITY SECRETARY. NO TRUSTEE HAVING INTERESTS CONFLICTING WITH THE INTERESTS OF THE UNIVERSITY, OR APPEARING SO, SHALL TAKE PART IN THE DELIBERATIONS OR VOTES OF THE BOARD INVOLVING THE QUESTION CONCERNING THE CONFLICT NOR SEEK TO INFLUENCE THE OTHER TRUSTEES ON THAT QUESTION.
FORM 990, PART VI, SECTION B, LINE 15THE REVIEW PROCESS INCLUDES ALL OF THESE ELEMENTS (1) REVIEW AND APPROVAL BY THE BOARD OF TRUSTEES--COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES OF FAIRFIELD UNIVERSITY EVERY TWO YEARS, PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL. (2) USE OF DATA AS TO COMPARABLE COMPENSATION--THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED UNIVERSITIES. THE FOLLOWING METHODS HAVE BEEN USED: A. REVIEW BY AN INDEPENDENT THIRD PARTY; B. CONDUCT MARKET ASSESSMENT OF SALARIES; AND C. EVALUATE THE APPROPRIATENESS OF THE CURRENT SALARY STRUCTURE TO ENSURE THAT WE ARE AND REMAIN COMPETITIVE WITH THE MARKET, AS WELL AS REMAIN INTERNALLY EQUITABLE. (3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING--THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORD KEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. COMPENSATION ARRANGEMENT THE LAST TIME OF REVIEW WAS JULY 2021.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS SUCH AS FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND WHISTLEBLOWER POLICY ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE AND ALSO BY REQUEST.
FORM 990, PART XI, LINE 9:GAIN ON EXTINGUISHMENT OF DEBT 139,089. UNCOLLECTIBLE PLEDGES WRITE-OFF -235,720. CHANGE IN SPLIT INTEREST AGGREEMENT -32,319. ROUNDING 155.