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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-12T15:41:04-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135565207 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 345 PARK AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 101540102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 060646623 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FAIRFIELD UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FAIR | BusinessNameControlTxt |
| Phone | 2032544000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1073 NORTH BENSON ROAD | AddressLine1Txt |
| City | FAIRFIELD | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06824 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL TRAFECANTE | PersonNm |
| Person Title | VP FOR FINANCE | PersonTitleTxt |
| Phone | 2032544000 | PhoneNum |
| Signature | 2021-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MICHAEL | PersonFirstNm |
| Person Last | TRAFECANTE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PHILLIP GROFF | PreparerPersonNm |
| PTIN | P01247783 | PTIN |
| Phone | 2127589700 | PhoneNum |
| Preparation | 2022-05-10 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MARK R NEMEC PHD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1073 NORTH BENSON ROAD | AddressLine1Txt |
| City | FAIRFIELD | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06824 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $370,613,562 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.FAIRFIELD.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1942 | FormationYr |
| Legal Domicile State | CT | LegalDomicileStateCd |
| Activity Or Mission | TO DEVELOP THE CREATIVE INTELLECTUAL POTENTIAL OF ITS STUDENTS, SEE SCHEDULE O. | ActivityOrMissionDesc |
| Voting Members Governing Body | 33 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 32 | VotingMembersIndependentCnt |
| Total Employee | 3201 | TotalEmployeeCnt |
| Total Volunteers | 625 | TotalVolunteersCnt |
| Total Gross UBI | $68,653 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $42,818,387 | PYContributionsGrantsAmt |
| CY Contributions Grants | $25,478,475 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $292,896,855 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $305,199,314 | CYProgramServiceRevenueAmt |
| PY Investment Income | $25,627,460 | PYInvestmentIncomeAmt |
| CY Investment Income | $10,831,207 | CYInvestmentIncomeAmt |
| PY Other Revenue | $401,787 | PYOtherRevenueAmt |
| CY Other Revenue | $277,600 | CYOtherRevenueAmt |
| PY Total Revenue | $361,744,489 | PYTotalRevenueAmt |
| CY Total Revenue | $341,786,596 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $93,000,271 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $97,686,832 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $129,444,901 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $133,123,482 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $133,339 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $164,782 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $7,448,866 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $93,667,238 | PYOtherExpensesAmt |
| CY Other Expenses | $98,277,636 | CYOtherExpensesAmt |
| PY Total Expenses | $316,245,749 | PYTotalExpensesAmt |
| CY Total Expenses | $329,252,732 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $45,498,740 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $12,533,864 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $941,659,821 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,075,022,921 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $322,583,237 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $338,725,265 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $619,076,584 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $736,297,656 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | A 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 Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $229,607,194 | ExpenseAmt |
| Grant | $97,686,832 | GrantAmt |
| Revenue | $258,854,136 | RevenueAmt |
| Desc | FAIRFIELD 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $40,959,335 | ExpenseAmt |
| Revenue | $43,533,631 | RevenueAmt |
| Desc | AUXILIARY 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,558,618 | ExpenseAmt |
| Revenue | $2,784,645 | RevenueAmt |
| Desc | OTHER ACTIVITIES. A VARIETY OF STUDENT SERVICES INCLUDING ARTS AND ENTERTAINMENT AT THE QUICK CENTER, STUDENT ACTIVITIES FOR CLUB SPORTS, AND OTHER ITEMS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $273,125,147 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | Yes (1) | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (1) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 6681 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 3201 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | IT | ForeignCountryCd |
| Foreign Country | UK | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 33 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 32 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL TRAFECANTE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2032544000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1073 NORTH BENSON ROAD | AddressLine1Txt |
| City | FAIRFIELD | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06824 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (43 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| MARK R NEMEC | |||||||||
| PRESIDENT | 45.00 | 0.00 | Yes (X) | Yes (X) | $518,359 | $0 | $125,056 | ||
| NANCY A ALTOBELLO | |||||||||
| TRUSTEE | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| REV JOHN F BALDOVIN SJ | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOSEPH R BRONSON | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KEVIN P CANNON | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CARLOS M CARDOSO | |||||||||
| TRUSTEE | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| FRANK J CARROLL III | |||||||||
| TRUSTEE | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| REV GEORGE E COLLINS | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM C CRAGER | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARY RYAN CUNNINGHAM | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SHEILA KEARNEY DAVIDSON | |||||||||
| TRUSTEE | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CHRISTOPHER C DESMARAIS | |||||||||
| TRUSTEE | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS J FANNING SR | |||||||||
| TRUSTEE (AS OF 7-1-2020) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PATRICIA E GLASSFORD | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DOUGLAS W HAMMOND | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| BRIAN P HULL | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| REV GREGORY KALSCHEUR SJ | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CLAIRE M KNOPF | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| STEPHEN M LESSING | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SHELAGH MAHONEY-MCNAMEE | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ANDREW J MCMAHON | |||||||||
| TRUSTEE | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KRISTIN D MCMAHON | |||||||||
| TRUSTEE (AS OF 7-1-2020) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN C MEDITZ | |||||||||
| TRUSTEE | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ELNER L MORRELL | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT MURPHY JR | |||||||||
| TRUSTEE | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PHILLIP J NEUGEBAUER | |||||||||
| TRUSTEE (AS OF 7-1-2020) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| GAVIN G O'CONNOR | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| BIFF J O'REILLY | |||||||||
| TRUSTEE | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| REV STEPHEN A PRIVETT SJ | |||||||||
| TRUSTEE | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CHRISTOPHER C QUICK | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KATIE JACOBS ROBINSON | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROSELLEN WALSH SCHNURR | |||||||||
| TRUSTEE | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| REV MICHAEL F TUNNEY SJ | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL TRAFECANTE | |||||||||
| TREASURER | 45.00 | 0.00 | Yes (X) | $273,272 | $0 | $124,384 | |||
| KRISTINE CARROLL | |||||||||
| SECRETARY | 45.00 | 0.00 | Yes (X) | $72,256 | $0 | $49,152 | |||
| KEVIN LAWLOR | |||||||||
| EXEC VICE PRESIDENT (THRU 5-10-2021) | 45.00 | 0.00 | $382,611 | $0 | $114,671 | Yes (X) | |||
| CHRISTINE SIEGEL | |||||||||
| PROVOST & SR VP ACADEMICS | 45.00 | 0.00 | $320,044 | $0 | $65,531 | Yes (X) | |||
| RICHARD GREENWALD | |||||||||
| DEAN, SCHOOL OF CAS | 45.00 | 0.00 | $255,900 | $0 | $60,256 | Yes (X) | |||
| WALTER HALAS | |||||||||
| VP OF ADVANCEMENT | 45.00 | 0.00 | $297,953 | $0 | $66,430 | Yes (X) | |||
| JOHN YOUNG | |||||||||
| HEAD MBB COACH | 45.00 | 0.00 | $425,567 | $0 | $58,189 | Yes (X) | |||
| ZHAN LI | |||||||||
| DEAN, SCHOOL OF BUSINESS | 45.00 | 0.00 | $325,524 | $0 | $37,271 | Yes (X) | |||
| PAUL SCHLICKMANN | |||||||||
| DIRECTOR OF ATHLETICS | 45.00 | 0.00 | $272,396 | $0 | $63,772 | Yes (X) | |||
| JONATHAN CARROLL | |||||||||
| CHIEF INFORMATION OFFICER | 45.00 | 0.00 | $236,477 | $0 | $117,257 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,380,359 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $881,969 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 263 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SODEXO OPERATIONS LLC | |||||
| PO BOX 352 | BUFFALO | NY | 14240 | DINING SERVICES | $13,229,414 |
| GILBANE BUILDING COMPANY | |||||
| 7 JACKSON WALKWAY | PROVIDENCE | RI | 02903 | CONSTRUCTION | $12,325,286 |
| ABM INDUSTRY GROUP LLC | |||||
| 14141 SOUTHWEST FREEWAY SUITE 400 | SUGAR LAND | TX | 77478 | JANITORIAL | $4,407,728 |
| PAC GROUP LLC | |||||
| 126 SOUTH MAIN STREET | TORRINGTON | CT | 06790 | CONSTRUCTION | $3,200,388 |
| WHITING TURNER CONTRACTING CO | |||||
| 195 CHURCH STREET | NEW HAVEN | CT | 06510 | CONSTRUCTION | $2,441,873 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 113 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $75,523 | FundraisingAmt |
| Government Grants | $4,959,952 | GovernmentGrantsAmt |
| All Other Contributions | $20,443,000 | AllOtherContributionsAmt |
| Noncash Contributions | $5,517,304 | NoncashContributionsAmt |
| Total Contributions | $25,478,475 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| TUITION & FEES | 611600 | $258,854,136 | $258,854,136 | |
| AUXILIARY SERVICES | 721000 | $43,533,631 | $43,533,631 | |
| OTHER PROGRAM SERVICES | 900099 | $2,784,645 | $2,784,645 | |
| SUMMER CONFERENCES | 900099 | $26,902 | $26,902 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $305,199,314 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,144,904 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $97,025 | UnrelatedBusinessRevenueAmt |
| Exclusion | $8,047,879 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $443,238 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $165,638 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $277,600 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $277,600 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$55,274 | UnrelatedBusinessRevenueAmt |
| Exclusion | $332,874 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $31,277,657 | SecuritiesAmt |
| Other | $23,047 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $25,290,554 | SecuritiesAmt |
| Other | $3,323,847 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,987,103 | SecuritiesAmt |
| Other | -$3,300,800 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,686,303 | TotalRevenueColumnAmt |
| Exclusion | $2,686,303 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $46,927 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $75,523 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $46,927 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $341,786,596 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $305,172,412 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $68,653 | UnrelatedBusinessRevenueAmt |
| Exclusion | $11,067,056 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $93,460,567 | TotalAmt |
| Program Services | $93,460,567 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,226,265 | TotalAmt |
| Program Services | $4,226,265 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,711,155 | TotalAmt |
| Program Services | $2,540,538 | ProgramServicesAmt |
| Management And General | $1,504,855 | ManagementAndGeneralAmt |
| Fundraising | $665,762 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,879,829 | TotalAmt |
| Program Services | $76,238,109 | ProgramServicesAmt |
| Management And General | $16,566,933 | ManagementAndGeneralAmt |
| Fundraising | $4,074,787 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,247,648 | TotalAmt |
| Program Services | $2,555,687 | ProgramServicesAmt |
| Management And General | $555,364 | ManagementAndGeneralAmt |
| Fundraising | $136,597 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,508,133 | TotalAmt |
| Program Services | $16,925,498 | ProgramServicesAmt |
| Management And General | $3,677,998 | ManagementAndGeneralAmt |
| Fundraising | $904,637 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,776,717 | TotalAmt |
| Program Services | $5,197,626 | ProgramServicesAmt |
| Management And General | $1,267,370 | ManagementAndGeneralAmt |
| Fundraising | $311,721 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $796,740 | TotalAmt |
| Program Services | $17,970 | ProgramServicesAmt |
| Management And General | $778,770 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $300,586 | TotalAmt |
| Program Services | $34,458 | ProgramServicesAmt |
| Management And General | $266,128 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39 | TotalAmt |
| Management And General | $39 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $164,782 | TotalAmt |
| Fundraising | $164,782 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $190,942 | TotalAmt |
| Management And General | $190,942 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,627,695 | TotalAmt |
| Program Services | $17,880,319 | ProgramServicesAmt |
| Management And General | $1,664,524 | ManagementAndGeneralAmt |
| Fundraising | $82,852 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,106,621 | TotalAmt |
| Program Services | $1,918,358 | ProgramServicesAmt |
| Management And General | $108,533 | ManagementAndGeneralAmt |
| Fundraising | $79,730 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,352,354 | TotalAmt |
| Program Services | $5,496,197 | ProgramServicesAmt |
| Management And General | $1,393,667 | ManagementAndGeneralAmt |
| Fundraising | $462,490 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,788,966 | TotalAmt |
| Program Services | $1,362,098 | ProgramServicesAmt |
| Management And General | $3,308,145 | ManagementAndGeneralAmt |
| Fundraising | $118,723 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,609,562 | TotalAmt |
| Program Services | $10,609,562 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,316,616 | TotalAmt |
| Program Services | $996,268 | ProgramServicesAmt |
| Management And General | $291,817 | ManagementAndGeneralAmt |
| Fundraising | $28,531 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $194,396 | TotalAmt |
| Program Services | $132,911 | ProgramServicesAmt |
| Management And General | $56,129 | ManagementAndGeneralAmt |
| Fundraising | $5,356 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,701,996 | TotalAmt |
| Program Services | $9,418,805 | ProgramServicesAmt |
| Management And General | $2,255,481 | ManagementAndGeneralAmt |
| Fundraising | $27,710 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,174,980 | TotalAmt |
| Program Services | $17,304,923 | ProgramServicesAmt |
| Management And General | $7,707,997 | ManagementAndGeneralAmt |
| Fundraising | $162,060 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,617,061 | TotalAmt |
| Program Services | $171,322 | ProgramServicesAmt |
| Management And General | $1,445,739 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,276,284 | TotalAmt |
| Program Services | $1,445,677 | ProgramServicesAmt |
| Management And General | $744,232 | ManagementAndGeneralAmt |
| Fundraising | $86,375 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $329,252,732 | TotalAmt |
| Program Services | $273,125,147 | ProgramServicesAmt |
| Management And General | $48,678,719 | ManagementAndGeneralAmt |
| Fundraising | $7,448,866 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $318 | BOYAmt |
| EOY | $1,020 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,579,213 | BOYAmt |
| EOY | $87,770,436 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,015,242 | BOYAmt |
| EOY | $29,534,242 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,281,327 | BOYAmt |
| EOY | $2,121,948 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $757,876,138 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $296,146,480 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $455,803,973 | BOYAmt |
| EOY | $461,729,658 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $287,124,280 | BOYAmt |
| EOY | $366,420,075 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,551,274 | BOYAmt |
| EOY | $102,313,290 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,304,194 | BOYAmt |
| EOY | $25,132,252 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $941,659,821 | BOYAmt |
| EOY | $1,075,022,921 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,842,775 | BOYAmt |
| EOY | $50,301,480 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,049,330 | BOYAmt |
| EOY | $1,752,346 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,957,569 | BOYAmt |
| EOY | $9,041,756 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $265,733,563 | BOYAmt |
| EOY | $276,510,834 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $1,118,849 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $322,583,237 | BOYAmt |
| EOY | $338,725,265 | 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 | $338,254,777 | BOYAmt |
| EOY | $378,566,883 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $280,821,807 | BOYAmt |
| EOY | $357,730,773 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $619,076,584 | BOYAmt |
| EOY | $736,297,656 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $941,659,821 | BOYAmt |
| EOY | $1,075,022,921 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $12,533,864 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $104,816,003 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$128,795 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $64,139,703 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $23,956,109 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $31,852,407 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $42,763,677 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $25,478,475 | CurrentTaxYearAmt |
| Total | $188,190,371 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $64,139,703 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $23,956,109 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $31,852,407 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $42,763,677 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $25,478,475 | CurrentTaxYearAmt |
| Total | $188,190,371 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $43,164,240 | SubstantialContributorsTotAmt |
| Public Support Total170 | $145,026,131 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,071,659 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,509,434 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,971,642 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $14,130,651 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,353,986 | CurrentTaxYearAmt |
| Total | $44,037,372 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $232,227,743 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $1,425,572,193 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.62450 | PublicSupportCY170Pct |
| Public Support PY170 | 0.63180 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Media Advertisements | $0 | MediaAdvertisementsAmt |
| Mailings Members | 0 | MailingsMembersInd |
| Mailings Members | $0 | MailingsMembersAmt |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Publications Or Broadcast | $0 | PublicationsOrBroadcastAmt |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Grants Other Organizations | $0 | GrantsOtherOrganizationsAmt |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Direct Contact Legislators | $0 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Rallies Demonstrations | $0 | RalliesDemonstrationsAmt |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $39 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $39 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | FAIRFIELD UNIVERSITY INDIRECTLY INCURS LOBBYING EXPENSE THROUGH DUES PAID TO OTHER ORGANIZATIONS. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Protection Natural Habitat | Yes (X) | ProtectionNaturalHabitatInd |
| Total Easements | 9 | TotalEasementsCnt |
| Total Acreage | 30.00 | TotalAcreageCnt |
| Historic Strctr Easements Aftr | 2 | HistoricStrctrEasementsAftrCnt |
| Modified Easements | 0 | ModifiedEasementsCnt |
| States Easements Held | 1 | StatesEasementsHeldCnt |
| Written Policy Monitoring | Yes (1) | WrittenPolicyMonitoringInd |
| Staff Hours Spent Enforcement | 65.00 | StaffHoursSpentEnforcementCnt |
| Expenses Incurred Enforcement | $40,000 | ExpensesIncurredEnforcementAmt |
| Section170h Rqr Stsfd | 0 | Section170hRqrStsfdInd |
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $0 | RevenuesIncludedAmt |
| Assets Included | $0 | 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 |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $357,051,925 | BeginningYearBalanceAmt |
| Contributions | $5,229,014 | ContributionsAmt |
| Investment Earnings Or Losses | $118,628,213 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $4,158,615 | GrantsOrScholarshipsAmt |
| Other Expenditures | $11,999,924 | OtherExpendituresAmt |
| Administrative Expenses | $146,449 | AdministrativeExpensesAmt |
| End Year Balance | $464,604,164 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $382,450,518 | BeginningYearBalanceAmt |
| Contributions | $1,402,417 | ContributionsAmt |
| Investment Earnings Or Losses | -$15,169,929 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $4,530,960 | GrantsOrScholarshipsAmt |
| Other Expenditures | $6,958,998 | OtherExpendituresAmt |
| Administrative Expenses | $141,123 | AdministrativeExpensesAmt |
| End Year Balance | $357,051,925 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $371,182,676 | BeginningYearBalanceAmt |
| Contributions | $8,226,618 | ContributionsAmt |
| Investment Earnings Or Losses | $14,081,047 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $4,407,492 | GrantsOrScholarshipsAmt |
| Other Expenditures | $6,465,466 | OtherExpendituresAmt |
| Administrative Expenses | $166,865 | AdministrativeExpensesAmt |
| End Year Balance | $382,450,518 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $355,306,266 | BeginningYearBalanceAmt |
| Contributions | $6,966,222 | ContributionsAmt |
| Investment Earnings Or Losses | $25,695,257 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,856,209 | GrantsOrScholarshipsAmt |
| Other Expenditures | $12,497,141 | OtherExpendituresAmt |
| Administrative Expenses | $431,719 | AdministrativeExpensesAmt |
| End Year Balance | $371,182,676 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $316,913,844 | BeginningYearBalanceAmt |
| Contributions | $6,966,058 | ContributionsAmt |
| Investment Earnings Or Losses | $42,738,641 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $4,138,098 | GrantsOrScholarshipsAmt |
| Other Expenditures | $6,544,540 | OtherExpendituresAmt |
| Administrative Expenses | $629,639 | AdministrativeExpensesAmt |
| End Year Balance | $355,306,266 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.38996 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.61004 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,108,009 | OtherCostOrOtherBasisAmt |
| Book Value | $9,108,009 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $632,157,632 | OtherCostOrOtherBasisAmt |
| Depreciation | $218,084,091 | DepreciationAmt |
| Book Value | $414,073,541 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $85,364,896 | OtherCostOrOtherBasisAmt |
| Depreciation | $69,660,071 | DepreciationAmt |
| Book Value | $15,704,825 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $31,245,601 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,402,318 | DepreciationAmt |
| Book Value | $22,843,283 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $461,729,658 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PRIVATE EQUITY AND OTHER | $31,976,167 | F |
| EQUITY FUNDS (NONREGISTERED) | $22,484,311 | F |
| HEDGE FUND OF FUNDS | $47,852,812 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $102,313,290 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CAPITAL LEASES | Desc |
| Amt | $1,118,849 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,118,849 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $348,808,440 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $104,816,003 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$97,603,217 | OtherRevenueAmt |
| Revenue Not Reported | $7,212,786 | RevenueNotReportedAmt |
| Revenue Subtotal | $341,595,654 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $190,942 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $190,942 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $341,786,596 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $231,587,368 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | -$97,474,422 | OtherExpensesIncludedAmt |
| Expenses Not Reported | -$97,474,422 | ExpensesNotReportedAmt |
| Expenses Subtotal | $329,061,790 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $190,942 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $190,942 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $329,252,732 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | SEE SUPPLEMENTAL PAGE |
| PART I, LINE 3 | FAIRFIELD 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 6 | FAIRFIELD 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (12 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EUROPE (INCLUDING ICELAND AND GREENLAND) | 2 | 6 | PROGRAM SERVICES | STUDY ABROAD PROGRAM | $402,799 |
| CENTRAL AMERICA AND THE CARIBBEAN | GRANTMAKING | $94,050 | |||
| EAST ASIA AND THE PACIFIC | GRANTMAKING | $1,139,689 | |||
| EUROPE (INCLUDING ICELAND AND GREENLAND) | GRANTMAKING | $1,587,272 | |||
| MIDDLE EAST AND NORTH AFRICA | GRANTMAKING | $56,900 | |||
| NORTH AMERICA | GRANTMAKING | $512,314 | |||
| RUSSIA AND THE NEWLY INDEPENDENT STATES | GRANTMAKING | $118,910 | |||
| SOUTH AMERICA | GRANTMAKING | $115,550 | |||
| SOUTH ASIA | GRANTMAKING | $372,350 | |||
| SUB-SAHARAN AFRICA | GRANTMAKING | $229,230 | |||
| CENTRAL AMERICA AND THE CARIBBEAN | INVESTMENTS | $64,046,475 | |||
| EUROPE (INCLUDING ICELAND AND GREENLAND) | INVESTMENTS | $834,017 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 2 | SubtotalOfficesCnt |
| Subtotal Employees | 6 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 2 | TotalOfficeCnt |
| Total Employee | 6 | TotalEmployeeCnt |
| Subtotal Spent | $4,027,484 | SubtotalSpentAmt |
| Continuation Spent | $65,482,072 | ContinuationSpentAmt |
| Total Spent | $69,509,556 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (9 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|---|
| SCHOLARSHIP | CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, | 3 | $94,050 |
| SCHOLARSHIP | EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, | 81 | $1,139,689 |
| SCHOLARSHIP | EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU | 39 | $1,587,272 |
| SCHOLARSHIP | MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, | 5 | $56,900 |
| SCHOLARSHIP | NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES | 13 | $512,314 |
| SCHOLARSHIPS | RUSSIA AND THE INDEPENDENTLY NEW STATES | 3 | $118,910 |
| SCHOLARSHIP | SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, | 8 | $115,550 |
| SCHOLARSHIP | SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, | 23 | $372,350 |
| SCHOLARSHIP | SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, | 7 | $229,230 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III ACCOUNTING METHOD: | |
| PART I, LINE 1 | THE 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 3 | STUDY 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
| 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 |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | 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 |
|---|---|---|---|---|---|---|---|---|
| GIVECAMPUS INC | ||||||||
| 903 G ST SE | WASHINGTON | DC | 20003 | EXTERNAL WEBSITE | 0 | $114,932 | $10,770 | $104,162 |
| GREATER GIVING | ||||||||
| 1920 NE STUCKI AVE SUITE 140 | HILLSBORO | OR | 97006 | EXTERNAL WEBSITE | 0 | $65,875 | $5,255 | $60,620 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $180,807 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $16,025 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $164,782 | TotalNetToOrganizationAmt |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | PREP AUCTION | Event1Nm |
| Gross Receipts Event1 | $65,875 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $26,058 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $39,817 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $38,610 | RentFacilityCostsEvent1Amt |
| Other Direct Expenses Event1 | $1,207 | OtherDirectExpensesEvent1Amt |
| Event2 | PREP GOLF OUTING | Event2Nm |
| Gross Receipts Event2 | $56,575 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $49,465 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $7,110 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $141 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $155 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $6,814 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $122,450 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $75,523 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $46,927 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $38,751 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $155 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $8,021 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $46,927 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $0 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| INSTITUTIONAL SCHOLARSHIPS | 6184 | $78,303,897 |
| ATHLETIC SCHOLARSHIPS | 325 | $6,538,533 |
| STATE AND FEDERAL GRANTS | 719 | $859,886 |
| PREP SCHOOL FINANCIAL AID | 287 | $3,079,814 |
| OTHER FINANCIAL AID | 730 | $4,678,437 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | 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 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | THE 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 ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| CHEFA 2016 SERIES Q-1 | ||||||||
| A | 060806186 | 20774YYR2 | 2016-02-25 | $53,583,942 | CONSTRUCT OF VAR CAMPUS FACILITIES | 0 | 0 | 0 |
| CHEFA 2016 SERIES Q-2 | ||||||||
| B | 060806186 | 20774YZH3 | 2016-03-30 | $20,006,907 | PARTIALLY REFUND CHEFA SERIES 2008 | 0 | 0 | 0 |
| CHEFA 2017 SERIES R | ||||||||
| C | 060806186 | 20774Y381 | 2017-12-20 | $121,950,419 | REFUND CHEFA SERIES O CONSTRUCTION | 0 | 0 | 0 |
| CHEFA 2018 SERIES S | ||||||||
| D | 060806186 | 20774Y3Y1 | 2018-04-04 | $75,309,545 | REFUND CHEFA SERIES M & N | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Capitalized InterestCapitalizedInterestAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | RetiredRetiredAmt | Other Spent ProceedsOtherSpentProceedsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $53,583,942 | $3,138,393 | $525,083 | $49,920,466 | 2018 | 0 | 0 | Yes (1) | Yes (1) | ||
| B | $20,006,907 | $291,476 | 0 | Yes (1) | Yes (1) | Yes (1) | $2,960,000 | $19,715,431 | |||
| C | $121,950,419 | $808,952 | $40,000,000 | 0 | Yes (1) | Yes (1) | Yes (1) | $81,141,467 | |||
| D | $75,309,545 | $554,389 | 2018 | Yes (1) | 0 | Yes (1) | Yes (1) | $10,060,000 | $74,755,156 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd | Engage Bond Counsel ResearchEngageBondCounselResearchInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | Yes (1) | Yes (1) | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) | |
| B | 0 | 0 | Yes (1) | Yes (1) | Yes (1) | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) | Yes (1) |
| C | 0 | 0 | Yes (1) | Yes (1) | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) | |
| D | 0 | 0 | Yes (1) | Yes (1) | 0 | 0.00000 | 0.01700 | 0.01700 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| D | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART II, LINE 11 | CHEFA 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 3A | ALL 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 3C | RESEARCH 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 2C | THE 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHEFA 2020 SERIES T | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 060806186 | BondIssuerEIN |
| CUSIP | 20775DHW5 | CUSIPNum |
| Bond Issued | 2020-09-10 | BondIssuedDt |
| Issue Price | $28,063,429 | IssuePriceAmt |
| Purpose | REFUND CHEFA SERIES P CONSTRUCTION | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $705,000 | RetiredAmt |
| Total Proceeds | $28,063,429 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $489,189 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $1,892,166 | CapitalExpendituresAmt |
| Other Spent Proceeds | $6,949,859 | OtherSpentProceedsAmt |
| Unspent | $18,732,215 | UnspentAmt |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | 0 | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | Yes (1) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | Yes (1) | EngageBondCounselContractsInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00000 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (1) | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 393 | ContributionCnt |
| Noncash Contributions Rpt F990 | $0 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISALS | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 67 | ContributionCnt |
| Noncash Contributions Rpt F990 | $4,102,509 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | OTHER - GIK | Desc |
| Contribution | 27 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,414,795 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 3 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 B | THE 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 ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART I, LINE 1 | FAIRFIELD'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 1 | THE 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 4A | FAIRFIELD 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 2 | BOARD 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 11B | IT 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 12C | MEMBERS 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 15 | THE 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 19 | GOVERNING 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. |