FURP.ORG / PUBLIC DATA EXPLORER

PACE UNIVERSITY: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
PACE UNIVERSITY (EIN 13-5562314)
Tax period
2020-07-01 to 2021-06-30
Filed
2022-05-06
IRS object ID
202221269349302167
Schema version
2020v4.1
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)
Return2022-05-06T12:44:59-05:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PricewaterhouseCoopers LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1300 Madison AvenueAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10017ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN135562314EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PACE UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% ROBERT C ALMONInCareOfNm
Business Name ControlPACEBusinessNameControlTxt
Phone9149232402PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE PACE PLAZAAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100381598ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOSEPH CAPPARELLIPersonNm
Person TitleVP FIN, CNTRLLR, CCOPersonTitleTxt
Phone9149232402PhoneNum
Signature2022-05-06SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJOSEPHPersonFirstNm
Person LastCAPPARELLIPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLAURA J PARELLOPreparerPersonNm
PTINP01080295PTIN
Phone6464713000PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARVIN KRISLOVPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE PACE PLAZAAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100381598ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$649,502,212GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.PACE.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1906FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionPACE UNIVERSITY CONSIDERS TEACHING AND LEARNING ITS PRIORITY. PACE IS COMMITTED TO THE NEEDS OF ITS QUALIFIED AND DIVERSE STUDENT POPULATION.ActivityOrMissionDesc
Voting Members Governing Body36VotingMembersGoverningBodyCnt
Voting Members Independent33VotingMembersIndependentCnt
Total Employee5060TotalEmployeeCnt
Total Volunteers1097TotalVolunteersCnt
Total Gross UBI-$33,024TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$26,747,462PYContributionsGrantsAmt
CY Contributions Grants$61,601,037CYContributionsGrantsAmt
PY Program Service Revenue$559,275,541PYProgramServiceRevenueAmt
CY Program Service Revenue$527,286,691CYProgramServiceRevenueAmt
PY Investment Income$9,299,056PYInvestmentIncomeAmt
CY Investment Income$21,949,784CYInvestmentIncomeAmt
PY Other Revenue$2,333,874PYOtherRevenueAmt
CY Other Revenue$1,885,757CYOtherRevenueAmt
PY Total Revenue$597,655,933PYTotalRevenueAmt
CY Total Revenue$612,723,269CYTotalRevenueAmt
PY Grants And Similar Paid$206,727,257PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$202,241,534CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$217,255,960PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$201,964,003CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$507,386PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$278,865CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$6,787,540CYTotalFundraisingExpenseAmt
PY Other Expenses$158,329,913PYOtherExpensesAmt
CY Other Expenses$165,122,270CYOtherExpensesAmt
PY Total Expenses$582,820,516PYTotalExpensesAmt
CY Total Expenses$569,606,672CYTotalExpensesAmt
PY Revenues Less Expenses$14,835,417PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$43,116,597CYRevenuesLessExpensesAmt
Total Assets BOY$707,400,303TotalAssetsBOYAmt
Total Assets EOY$1,138,059,181TotalAssetsEOYAmt
Total Liabilities BOY$389,849,996TotalLiabilitiesBOYAmt
Total Liabilities EOY$733,074,371TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$317,550,307NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$404,984,810NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionPACE UNIVERSITY EDUCATES STUDENTS TO BE "THINKING PROFESSIONALS", HIGHLY SOUGHT AFTER AS INNOVATORS AND SUCCESSFUL LEADERS WHO POSITIVELY IMPACT TWENTY-FIRST CENTURY SOCIETY.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$131,434,638ExpenseAmt
Grant$0GrantAmt
Revenue$479,193,068RevenueAmt
DescINSTRUCTIONAL - TO PROVIDE PERSONNEL, SUPPLIES, EQUIPMENT AND OTHER MATERIALS FOR THE INSTRUCTION OF FULL AND PART-TIME GRADUATE AND UNDERGRADUATE STUDENTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$202,241,534ExpenseAmt
Grant$202,241,534GrantAmt
Revenue$0RevenueAmt
DescSCHOLARSHIPS - TO PROVIDE STUDENTS WITH ACADEMIC AND/OR NEED-BASED TUITION ASSISTANCE.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$68,789,749ExpenseAmt
Grant$0GrantAmt
Revenue$41,368,216RevenueAmt
DescAUXILIARIES - TO MEET NON-INSTRUCTIONAL NEEDS OF STUDENTS SUCH AS DORMS AND CAFETERIA SERVICES.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (3 entries)

ExpenseExpenseAmtGrantGrantAmtRevenueRevenueAmtDescDesc
$52,437,669$0$5,178,597ACADEMIC SUPPORT
$50,478,820$0$1,546,810STUDENT SERVICES
$3,418,211$0$0RESEARCH
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$106,334,700TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$0TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$6,725,407TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$508,800,621TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountYes (true)EscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (true)BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document290IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee5060EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members36GoverningBodyVotingMembersCnt
Independent Voting Member33IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonROBERT C ALMONPersonNm
Phone2123461227PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 SUMMIT LAKE DR 3RD FLAddressLine1Txt
CityVALHALLACityNm
State AbbreviationNYStateAbbreviationCd
ZIP10595ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (66 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndKey EmployeeKeyEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
MARVIN KRISLOV
TRUSTEE, PRESIDENT40.00.0Yes (X)Yes (X)$667,181$0$406,975
ROBERT C ALMON
EVP & CFO40.00.0Yes (X)$378,609$0$38,894
VAYNA QUINONES
PROVOST, EXEC VP ACAD AFFAIRS40.00.0Yes (X)$377,475$0$34,843
ARTHUR CENTONZE
PROFESSOR, LEFT DURING FY202140.00.0$373,296$0$31,890Yes (X)
JONATHAN HILL
DEAN, SEIDENBERG SCHOOL40.00.0$281,706$0$110,352Yes (X)
HORACE ANDERSON
DEAN, SCHOOL OF LAW40.00.0$320,197$0$59,467Yes (X)
HARRIET R FELDMAN
DEAN, COLLEGE OF HEALTH PROFS40.00.0$327,635$0$33,123Yes (X)
LAUREN BIRNEY
PROFESSOR40.00.0$329,930$0$22,102Yes (X)
GARY LAERMER
VP DEV & ALUM RLTNS40.00.0Yes (X)$318,952$0$30,162
NIRA HERRMANN
FORMER DEAN, DYSON COLLEGE40.00.0$316,549$0$14,940Yes (X)
JOHN NOLAN
PROFESSOR, LEFT DURING FY202140.00.0$310,446$0$21,022Yes (X)
JOSEPH A CAPPARELLI
VP FIN & CONTROLLER40.00.0Yes (X)$272,573$0$53,315
ALAN EISNER
PROFESSOR, LEFT DURING FY202140.00.0$293,090$0$13,866Yes (X)
MICHELLE S SIMON
PROFESSOR40.00.0$287,393$0$14,974Yes (X)
ROBINA C SCHEPP
VP FOR ENROLLMENT & PLACEMENT40.00.0Yes (X)$286,804$0$12,286
PAUL DAMPIER
VP FOR IT & CIO40.00.0Yes (X)$254,435$0$37,939
RICHARD SCHLESINGER
DEAN,DYSON COLLEGE 7/1-8/2/2040.00.0$231,978$0$42,499Yes (X)
MARY BAGLIVO
VP UNIV RELATIONS40.00.0Yes (X)$252,803$0$17,375
STEPHEN BRODSKY
LEGAL COUNSEL40.00.0Yes (X)$237,461$0$29,114
IBOIYLA YOLAS
VP UNIV FACILITIES & CAP PROJ40.00.0Yes (X)$224,148$0$37,855
JEAN C GALLAGHER
VP STRATEGIC INITIATIVES40.00.0Yes (X)$199,809$0$53,014
NEAL S BRAUN
DEAN,LUBIN SCHOOL THRU 8/16/2040.00.0$208,274$0$31,965Yes (X)
MATTEO RENNA
VP FOR HUMAN RESOURCES40.00.0Yes (X)$199,749$0$38,132
CINDY HEILBERGER
CORPORATE SECRETARY40.00.0Yes (X)$184,795$0$24,618
THOMAS M BRADY
TREASURER40.00.0Yes (X)$188,415$0$7,944
LEILA FRANCHI
FORMER VP FOR UNIV. RELATIONS40.00.0$140,083$0$49,174Yes (X)
TIFFANY HAMILTON
CHIEF DIVERSITY OFFICER40.00.0Yes (X)$165,258$0$21,690
LAWRENCE SINGLETON
DEAN,LUBIN SCHOOL ASOF 8/17/2040.00.0$132,590$0$13,280Yes (X)
TRESMAINE GRIMES
DEAN,DYSON COLLEGE AS OF8/3/2040.00.0$123,573$0$6,546Yes (X)
ERNA DUPUIS
TRUSTEE, FT FAC MBR1.00.0Yes (X)$102,996$0$25,593
PETA-GAY CLARK
TRUSTEE1.00.0Yes (X)$6,600$0$0
PHOTEINE M ANAGNOSTOPOULOS
TRUSTEE1.00.0Yes (X)$0$0$0
MARK M BESCA
TRUSTEE1.00.0Yes (X)$0$0$0
PHILIP F BLESER
TRUSTEE, LEFT DURING FY20211.00.0Yes (X)$0$0$0
MICHAEL A CLINTON
TRUSTEE1.00.0Yes (X)$0$0$0
CHRISTOPHER A EDWARDS
TRUSTEE1.00.0Yes (X)$0$0$0
JOSEPH R FICALORA
TRUSTEE1.00.0Yes (X)$0$0$0
MARKI FLANNERY
TRUSTEE AS OF 3/4/20211.00.0Yes (X)$0$0$0
NANCY A GARVEY PHD
TRUSTEE1.00.0Yes (X)$0$0$0
JOHN A GERSON
TRUSTEE1.00.0Yes (X)$0$0$0
THOMAS GIBBONS
TRUSTEE AS OF 6/23/20211.00.0Yes (X)$0$0$0
CYNTHIA GREER GOLDSTEIN
TRUSTEE1.00.0Yes (X)$0$0$0
BARRY M GOSIN
TRUSTEE1.00.0Yes (X)$0$0$0
LILIANE A HAUB
TRUSTEE1.00.0Yes (X)$0$0$0
HEMANT KHEMKA
TRUSTEE AS OF 3/4/20211.00.0Yes (X)$0$0$0
DAVID Z HIRSH
TRUSTEE1.00.0Yes (X)$0$0$0
LOFTON HOLDER
TRUSTEE1.00.0Yes (X)$0$0$0
JOSEPH IANNIELLO
TRUSTEE1.00.0Yes (X)$0$0$0
CHARLES MAK
TRUSTEE1.00.0Yes (X)$0$0$0
MARTIN MCELROY
TRUSTEE1.00.0Yes (X)$0$0$0
SAMEER MITTAL
TRUSTEE1.00.0Yes (X)$0$0$0
DONNA MURPHY
TRUSTEE1.00.0Yes (X)$0$0$0
JOHN T O'CONNOR
TRUSTEE1.00.0Yes (X)$0$0$0
THOMAS J QUINLAN III
TRUSTEE1.00.0Yes (X)$0$0$0
ROBERT ROBOTTI
TRUSTEE1.00.0Yes (X)$0$0$0
CHRISTOPHER ROKER
TRUSTEE AS OF 5/5/20211.00.0Yes (X)$0$0$0
JACK L SALZMAN
TRUSTEE, LEFT DURING FY20211.00.0Yes (X)$0$0$0
ROBERT S SANDS
TRUSTEE1.00.0Yes (X)$0$0$0
IVAN G SEIDENBERG
TRUSTEE1.00.0Yes (X)$0$0$0
SHAUN E SMITH
TRUSTEE1.00.0Yes (X)$0$0$0
EUGENE M TOBIN
TRUSTEE1.00.0Yes (X)$0$0$0
MARIE J TOULANTIS
TRUSTEE1.00.0Yes (X)$0$0$0
ROBERT TUCKER
TRUSTEE1.00.0Yes (X)$0$0$0
SUSAN S WALLACH
TRUSTEE1.00.0Yes (X)$0$0$0
RICHARD F ZANNINO
TRUSTEE1.00.0Yes (X)$0$0$0
LANA BAILEY-TAMARO
TRUSTEE AS OF 9/23/20201.00.0Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$7,323,703TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,218,666TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K498IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Collins Building Services
24-01 44th Road 15th FlLONG ISLAND CITYNY11101CLEANING$10,370,263
Shawmut Design Construction
560 Harrison AvenueBOSTONMA02118CONSTRUCTION$10,015,140
Chartwells Dining Service
303 Crossways Park DriveWOODBURYNY11797FOOD SERVICES$6,343,234
Allied Universal Security Services
Eight Tower Bridge 161 WashingtonCONSHOHOCKENPA19428SECURITY$6,321,316
The Boston Consulting Group Inc
200 S Wacker DrCHICAGOIL60606Consultants$1,500,000
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K147CntrctRcvdGreaterThan100KCnt
Fundraising$1,603,885FundraisingAmt
Government Grants$45,306,954GovernmentGrantsAmt
All Other Contributions$14,690,198AllOtherContributionsAmt
Noncash Contributions$627,451NoncashContributionsAmt
Total Contributions$61,601,037TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES900099$485,330,297$485,330,297
DORMITORY RENTALS900099$33,450,448$33,450,448
FOOD SERVICE REVENUE900099$7,917,768$7,917,768
ACADEMIC ACTIVITIES900099$397,116$397,116
BOOKSTORE COMMISSIONS900099$147,271$147,271

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$43,791TotalRevenueColumnAmt
Related Or Exempt Func Income$43,791RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$527,286,691TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,549,818TotalRevenueColumnAmt
Unrelated Business Revenue-$33,024UnrelatedBusinessRevenueAmt
Exclusion$2,582,842ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,578TotalRevenueColumnAmt
Exclusion$2,578ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$37,426TotalRevenueColumnAmt
Exclusion$37,426ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$502,070RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$484,949RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$17,121RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$17,121TotalRevenueColumnAmt
Exclusion$17,121ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$55,434,581SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$36,037,193SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$19,397,388SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$19,397,388TotalRevenueColumnAmt
Exclusion$19,397,388ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$160,100FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$1,603,885ContriRptFundraisingEventAmt
Fundraising Direct Expenses$256,801FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$96,701TotalRevenueColumnAmt
Exclusion-$96,701ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

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

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
CONFERENCE CENTER AND OTHER REVENUE532310$1,927,472$1,927,472
FUNDS HELD BY TRUSTEES900099$439$439
FieldValueIRS element (for citing)
Other Revenue Total$1,927,911OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$612,723,269TotalRevenueColumnAmt
Related Or Exempt Func Income$527,286,691RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$33,024UnrelatedBusinessRevenueAmt
Exclusion$23,868,565ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$202,241,534TotalAmt
Program Services$202,241,534ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$6,238,835TotalAmt
Program Services$2,092,481ProgramServicesAmt
Management And General$3,720,577ManagementAndGeneralAmt
Fundraising$425,777FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$150,491,042TotalAmt
Program Services$128,347,247ProgramServicesAmt
Management And General$19,168,634ManagementAndGeneralAmt
Fundraising$2,975,161FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$11,775,922TotalAmt
Program Services$10,043,170ProgramServicesAmt
Management And General$1,499,946ManagementAndGeneralAmt
Fundraising$232,806FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$23,077,159TotalAmt
Program Services$19,681,503ProgramServicesAmt
Management And General$2,939,428ManagementAndGeneralAmt
Fundraising$456,228FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$10,381,045TotalAmt
Program Services$8,654,691ProgramServicesAmt
Management And General$1,502,093ManagementAndGeneralAmt
Fundraising$224,261FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,088,659TotalAmt
Program Services$275,294ProgramServicesAmt
Management And General$813,365ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$419,336TotalAmt
Management And General$419,336ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$4,968TotalAmt
Management And General$4,968ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$278,865TotalAmt
Fundraising$278,865FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,265,958TotalAmt
Management And General$1,265,958ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$13,492,525TotalAmt
Program Services$10,986,873ProgramServicesAmt
Management And General$2,230,949ManagementAndGeneralAmt
Fundraising$274,703FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,514,250TotalAmt
Program Services$2,019,840ProgramServicesAmt
Management And General$491,631ManagementAndGeneralAmt
Fundraising$2,779FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$7,389,384TotalAmt
Program Services$5,784,499ProgramServicesAmt
Management And General$1,401,576ManagementAndGeneralAmt
Fundraising$203,309FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$7,579,369TotalAmt
Program Services$1,819,449ProgramServicesAmt
Management And General$5,380,808ManagementAndGeneralAmt
Fundraising$379,112FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$72,251,379TotalAmt
Program Services$64,278,668ProgramServicesAmt
Management And General$7,972,711ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$451,010TotalAmt
Program Services$369,354ProgramServicesAmt
Management And General$81,407ManagementAndGeneralAmt
Fundraising$249FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$117,300TotalAmt
Program Services$106,981ProgramServicesAmt
Management And General$10,065ManagementAndGeneralAmt
Fundraising$254FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$8,279,943TotalAmt
Program Services$7,529,304ProgramServicesAmt
Management And General$750,639ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$18,929,844TotalAmt
Program Services$16,863,093ProgramServicesAmt
Management And General$2,066,751ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,526,582TotalAmt
Program Services$878,241ProgramServicesAmt
Management And General$648,341ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
MEAL COSTS,STUDENT ACTIVITIES$7,361,647$7,183,801$176,025$1,821
LIBRARY BOOKS PURCHASE$1,069,098$987,288$81,810$0
EQUIPMENT REPAIR,SERVICE EXP$2,042,018$1,850,395$191,623
OTHER STUDENT ACTIVITIES$14,692,675$14,682,445$10,230

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$4,646,325TotalAmt
Program Services$2,124,470ProgramServicesAmt
Management And General$1,189,640ManagementAndGeneralAmt
Fundraising$1,332,215FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$569,606,672TotalAmt
Program Services$508,800,621ProgramServicesAmt
Management And General$54,018,511ManagementAndGeneralAmt
Fundraising$6,787,540FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

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

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$22,842,030BOYAmt
EOY$52,196,384EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$23,026,218BOYAmt
EOY$13,624,019EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$14,210,362BOYAmt
EOY$15,805,672EOYAmt

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$7,336,141BOYAmt
EOY$5,757,263EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

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

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$4,698,294BOYAmt
EOY$4,323,578EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$672,633,142LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$228,993,490LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$426,646,279BOYAmt
EOY$443,639,652EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$140,039,022BOYAmt
EOY$178,844,098EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$57,930,416BOYAmt
EOY$76,466,559EOYAmt

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$10,671,541BOYAmt
EOY$347,401,956EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$707,400,303BOYAmt
EOY$1,138,059,181EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$87,231,446BOYAmt
EOY$64,118,846EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$10,761,792BOYAmt
EOY$9,315,608EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$32,037,533BOYAmt
EOY$9,635,659EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$176,144,468BOYAmt
EOY$172,310,885EOYAmt

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$15,157,122BOYAmt
EOY$14,435,125EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

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

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$68,517,635BOYAmt
EOY$463,258,248EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$389,849,996BOYAmt
EOY$733,074,371EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$93,266,971BOYAmt
EOY$118,921,931EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$224,283,336BOYAmt
EOY$286,062,879EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$317,550,307BOYAmt
EOY$404,984,810EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$707,400,303BOYAmt
EOY$1,138,059,181EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$43,116,597ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$43,937,226NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$380,680OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

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

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

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)
Total Grassroots LobbyingTotalGrassrootsLobbyingGrp
Total Direct LobbyingTotalDirectLobbyingGrp
Total Lobbying ExpendTotalLobbyingExpendGrp
Other Exempt Purpose ExpendOtherExemptPurposeExpendGrp
Total Exempt Purpose ExpendTotalExemptPurposeExpendGrp
Lobbying Nontaxable AmountLobbyingNontaxableAmountGrp
Grassroots NontaxableGrassrootsNontaxableGrp
Tot Lbbyng Grassroot Mns Non TxTotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non TxTotLbbyExpendMnsLbbyngNonTxGrp
VolunteersfalseVolunteersInd
Paid Staff Or ManagementYes (true)PaidStaffOrManagementInd
Media AdvertisementsfalseMediaAdvertisementsInd
Mailings MembersfalseMailingsMembersInd
Publications Or BroadcastfalsePublicationsOrBroadcastInd
Grants Other OrganizationsfalseGrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (true)DirectContactLegislatorsInd
Direct Contact Legislators$4,968DirectContactLegislatorsAmt
Rallies DemonstrationsfalseRalliesDemonstrationsInd
Other ActivitiesYes (true)OtherActivitiesInd
Other Activities$1,320OtherActivitiesAmt
Total Lobbying Expenditures$6,288TotalLobbyingExpendituresAmt
Not Described Section501c3falseNotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE C, PART II-B, LINE 1G - LOBBYING ACTIVITIESLOBBYING IS NOT A SUBSTANTIAL PART OF PACE UNIVERSITY'S OVERALL BUDGET. PACE UNIVERSITY ENGAGES IN INSUBSTANTIAL LEGISLATIVE ADVOCACY AT THE FEDERAL LEVEL AND MODEST ACTIVITY AT THE NEW YORK STATE AND NEW YORK CITY LEVELS. THE UNIVERSITY'S LOBBYISTS OCCASIONALLY ADVOCATE FOR APPROPRIATIONS FOR PROGRAMS OF IMPORTANCE TO THE UNIVERSITY. PACE UNIVERSITY RECEIVES FUNDING FOR STUDENT AID FROM THE STATE OF NEW YORK AND THE FEDERAL GOVERNMENT. THE AMOUNT AND CONTINUATION OF THESE FUNDS ARE NOT GUARANTEED. THE MAJORITY OF THE UNIVERSITY'S EFFORTS ARE RELATED TO ACTIVITIES SUPPORTING STUDENT AID. THE UNIVERSITY HAS CONDUCTED MINIMAL LOBBYING ACTIVITIES RELATED TO HIGHER EDUCATION ISSUES, ISSUES THAT AFFECT PACE'S DAY TO DAY OPERATIONS, AND OTHER ISSUES RELATED TO OUR ORGANIZATIONAL MISSION. THE UNIVERSITY ALSO ENGAGES IN LEGISLATIVE ADVOCACY RELATING TO DOMESTIC RELATIONS ISSUES (IN CONNECTION WITH PACE'S WOMEN'S JUSTICE CENTER) AND ENVIRONMENTAL ISSUES (IN CONNECTION WITH PACE'S LAND USE LAW CENTER).
SCHEDULE C, PART II-B, LINE 1I - OTHER LOBBYING ACTIVITIESUNIVERSITY STUDENTS PARTICIPATE IN ANNUAL LOBBY DAY ACTIVITIES ORGANIZED BY CICU (COMMISSION FOR INDEPENDENT COLLEGES AND UNIVERSITIES), DURING WHICH THE STUDENTS, ACCOMPANIED BY OUR REGISTERED LOBBYISTS, MEET WITH ELECTED OFFICIALS TO DISCUSS THE IMPORTANCE OF STATE FINANCIAL AID AND OTHER ISSUES.

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Revenues Included$20RevenuesIncludedAmt
Assets Included$7AssetsIncludedAmt
FieldValueIRS element (for citing)
Held Works ArtHeldWorksArtGrp
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Solicited Assets SalefalseSolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$193,827,052BeginningYearBalanceAmt
Contributions$14,599,339ContributionsAmt
Investment Earnings Or Losses$64,091,011InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,385,180GrantsOrScholarshipsAmt
Other Expenditures$18,517,075OtherExpendituresAmt
End Year Balance$250,615,147EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$193,048,642BeginningYearBalanceAmt
Contributions$3,815,808ContributionsAmt
Investment Earnings Or Losses$8,107,993InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,434,014GrantsOrScholarshipsAmt
Other Expenditures$7,711,377OtherExpendituresAmt
End Year Balance$193,827,052EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$181,853,820BeginningYearBalanceAmt
Contributions$2,159,795ContributionsAmt
Investment Earnings Or Losses$15,180,101InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,397,489GrantsOrScholarshipsAmt
Other Expenditures$2,747,585OtherExpendituresAmt
End Year Balance$193,048,642EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$169,879,802BeginningYearBalanceAmt
Contributions$1,831,057ContributionsAmt
Investment Earnings Or Losses$16,165,468InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,106,616GrantsOrScholarshipsAmt
Other Expenditures$2,915,891OtherExpendituresAmt
End Year Balance$181,853,820EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$152,185,527BeginningYearBalanceAmt
Contributions$7,116,935ContributionsAmt
Investment Earnings Or Losses$23,124,908InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,887,831GrantsOrScholarshipsAmt
Other Expenditures$9,659,737OtherExpendituresAmt
End Year Balance$169,879,802EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.05540BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.46890PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.47570TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgYes (true)EndowmentsHeldRelatedOrgInd
Related Org List Sch RYes (true)RelatedOrgListSchRInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$12,453,325OtherCostOrOtherBasisAmt
Book Value$12,453,325BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$515,505,532OtherCostOrOtherBasisAmt
Depreciation$130,847,619DepreciationAmt
Book Value$384,657,913BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$33,826,862OtherCostOrOtherBasisAmt
Depreciation$23,594,244DepreciationAmt
Book Value$10,232,618BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$110,077,809OtherCostOrOtherBasisAmt
Depreciation$74,551,627DepreciationAmt
Book Value$35,526,182BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$769,614OtherCostOrOtherBasisAmt
Book Value$769,614BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$443,639,652TotalBookValueLandBuildingsAmt
Financial DerivativesFinancialDerivativesGrp
Closely Held Equity InterestsCloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (3 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
COMINGLED FUNDS$42,359,188F
ALT- INVESTMENTS- LONG/SHORT$142,482F
ALT- INVESTMENTS- LLP,LLC$33,964,889F
FieldValueIRS element (for citing)
Total Book Value Securities$76,466,559TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
FUNDS HELD BY BOND TRUSTEES$1,533,155
INVEST DESIGN FOR CONSTRUCTION$6,509,427
RIGHT OF USE ASSETS$339,359,374
FieldValueIRS element (for citing)
Total Book Value Other Assets$347,401,956TotalBookValueOtherAssetsAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
LEASE LIABILITIES$401,177,475
ACCRUED PSTRETIRE. BEN. OBLG.$55,515,539
ASSET RETIREMENT OBLIGATION$6,565,234
FieldValueIRS element (for citing)
Total Liability$463,258,248TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$454,275,433TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$43,937,226NetUnrealizedGainsInvstAmt
Other Revenue$380,680OtherRevenueAmt
Revenue Not Reported$44,317,906RevenueNotReportedAmt
Revenue Subtotal$409,957,527RevenueSubtotalAmt
Investment Expenses Not Incld$1,265,958InvestmentExpensesNotIncldAmt
Other Revenues Not Included$201,499,784OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$202,765,742RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$612,723,269TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$366,840,930TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$741,750OtherExpensesIncludedAmt
Expenses Not Reported$741,750ExpensesNotReportedAmt
Expenses Subtotal$366,099,180ExpensesSubtotalAmt
Investment Expenses Not Incld2$1,265,958InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$202,241,534OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$203,507,492ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$569,606,672TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PART III, LINE 3A - COLLECTION OF ARTPACE UNIVERSITY HAS SEVERAL ART GALLERIES BETWEEN ITS PLEASANTVILLE AND NEW YORK CITY CAMPUSES THAT SERVE THE GENERAL STUDENT POPULATION WITH COURSES AND EXHIBITIONS. DONATED ARTWORK INCLUDES PHOTOGRAPHS, PAINTINGS AND SCULPTURES AND IS DISPLAYED ON VARIOUS INTERIOR AND EXTERIOR CAMPUS LOCATIONS AND IN SPECIAL EXHIBITIONS DESIGNED TO PROVIDE VISUAL LITERACY AS PART OF THE UNIVERSITY LEARNING EXPERIENCE. AS THE VALUE OF SUCH ART COLLECTIONS IS NOT MATERIAL TO THE UNIVERSITY AS A WHOLE, THE FOOTNOTES TO THE UNIVERSITY'S FINANCIAL STATEMENTS DO NOT INCLUDE RELATED TEXT.
SCHEDULE D, PART V - INTENDED USES OF ENDOWMENT FUNDSTHE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 435 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, INCLUDING SUPPORT OF SCHOLARSHIPS, ACADEMIC PROGRAMS, ACADEMIC CHAIRS, STUDENT ACTIVITIES, RESEARCH, INSTITUTIONAL SUPPORT AND CAPITAL PROJECTS. OUR ENDOWMENT INCLUDES BOTH DONOR RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS (QUASI ENDOWMENTS). THE UNIVERSITY'S INVESTMENTS ARE MANAGED TO ACHIEVE THE MAXIMUM PRUDENT LONG TERM TOTAL RETURN. THE UNIVERSITY'S BOARD OF TRUSTEES HAS AUTHORIZED A POLICY DESIGNED TO PRESERVE THE VALUE OF THESE INVESTMENTS IN REAL TERMS (AFTER INFLATION) AND PROVIDE A PREDICTABLE FLOW OF FUNDS TO SUPPORT OPERATIONS.
SCHEDULE D, PART IX - OTHER ASSETSTHE BOARD OF TRUSTEES DESIGNATED FUNDS PRIMARILY FOR THE CONSTRUCTION OF A MASTER PLAN FOR THE CAMPUS LOCATED IN NEW YORK CITY. AS OF JUNE 30, 2021, THERE IS $6,509,427 IN INVESTMENTS DESIGNATED FOR CONSTRUCTION, ALL OF WHICH CONSISTS OF CASH AND CASH EQUIVALENTS. UNDER A NEW LEASE ACCOUNTING STANDARD, THE UNIVERSITY HAS ACCOUNTED FOR THE RIGHT OF USE ASSETS ON ITS BALANCE SHEET THAT ARISE FROM ITS LEASES.
SCHEDULE D, PART X - OTHER LIABILITIESINCOME GENERATED THAT IS UNRELATED TO THE UNIVERSITY'S EXEMPT PURPOSE IS SUBJECT TO TAX. THE UNIVERSITY BELIEVES IT DID NOT HAVE ANY MATERIAL TAX LIABILITY NOR ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR THE YEAR ENDING JUNE 30, 2021. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE UNIVERSITY'S FINANCIAL STATEMENTS. UNDER A NEW LEASE ACCOUNTING STANDARD, THE UNIVERSITY HAS ACCOUNTED FOR THE LEASE LIABILITIES ON ITS BALANCE SHEET THAT ARISE FROM ITS LEASES.
SCH D, PART XI, LINE 2D-OTHER AMOUNTS INCLUDED IN BOOKS BUT NOT IN RETURNCHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT OF $380,680
SCH D, PART XI, LINE 4B-OTHER AMOUNTS INCLUDED IN RETURN BUT NOT IN BOOKSSCHOLARSHIPS OF $202,241,534 LESS SPECIAL EVENTS EXPENSE OF ($256,800) AND RENT EXPENSE ($484,950)
SCH D, PART XII, LN 2D-OTHER EXPENSES INCLUDED IN BOOKS BUT NOT IN RETURNSPECIAL EVENTS EXPENSE OF $256,800 AND RENT EXPENSE OF $484,950
SCH D, PART XII, LN 4B-OTHER EXPENSES INCLUDED IN RETURN BUT NOT IN BOOKSSCHOLARSHIPS OF $202,241,534

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCH E, PART I, LN 3 NONDISCRIMINATORY POLICY-STUDENTS' SOLICITATION MTRLSTHE ENROLLMENT MARKETING TEAM AND THE UNIVERSITY'S RELATIONS MARKETING TEAM ARE FULLY KNOWLEDGEABLE OF THE REQUIREMENTS OF THE UNIVERSITY'S RACIALLY NONDISCRIMINATORY POLICY AND ENSURE THAT APPROPRIATE POLICY LANGUAGE IS INCLUDED IN ALL PROMOTIONAL MATERIALS.
SCHEDULE E, PART I, LINE 6A - FINANCIAL AID FROM GOVERNMENTAL AGENCIESTHE UNIVERSITY PARTICIPATES IN STUDENT FINANCIAL AID PROGRAMS THROUGH THE U.S. DEPARTMENT OF EDUCATION (PELL GRANT PROGRAM, PERKINS LOAN PROGRAM, DIRECT LOAN PROGRAM, SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT PROGRAM, FEDERAL WORK STUDY PROGRAM, AS WELL AS OTHER SMALLER PROGRAMS) AND U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES (NURSING STUDENT LOAN PROGRAM AND SCHOLARSHIPS FOR DISADVANTAGED STUDENTS).

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (14 entries)

RegionRegionTxtEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
East Asia and the Pacific9Program ServicesRecruitment$49,052
East Asia and the PacificProgram ServicesConferences,Dues,Other$113,916
Central America and the CaribbeanProgram ServicesConferences,Dues,Other$368
Europe (Including Iceland and Greenland)5Program ServicesRecruitment$661,260
Europe (Including Iceland and Greenland)Program ServicesConferences,Dues,Other$39,818
Middle East and North Africa1Program ServicesRecruitment$10,000
Middle East and North AfricaProgram ServicesConferences,Dues,Other$2,041
North AmericaProgram ServicesConferences,Dues,Other$5,505
Russia and the Newly Independent StatesProgram ServicesConferences,Dues,Other$970
South AmericaProgram ServicesConferences,Dues,Other$1,000
South AsiaProgram ServicesConferences,Dues,Other$27,506
South Asia8Program ServicesRecruitment$95,414
South AsiaProgram ServicesStudy Abroad$8,000
Sub-Saharan AfricaProgram ServicesConferences,Dues,Other$1,250
FieldValueIRS element (for citing)
Subtotal Employees23SubtotalEmployeesCnt
Total Employee23TotalEmployeeCnt
Subtotal Spent$1,016,100SubtotalSpentAmt
Total Spent$1,016,100TotalSpentAmt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesYes (true)BoycottCountriesInd

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
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (true)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndGross ReceiptsGrossReceiptsAmtRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
Ruffalo Noel Levitz
1025 KIRKWOOD PARKWAY SWCEDAR RAPIDSIA52404Telefundrai singfalse$121,363$235,798-$114,235
Stelter
10435 New York AveDes MoinesIA50322Strategyfalse$0$43,067-$43,067
FieldValueIRS element (for citing)
Total Gross Receipts$121,363TotalGrossReceiptsAmt
Total Retained By Contractors$278,865TotalRetainedByContractorsAmt
Total Net To Organization-$157,302TotalNetToOrganizationAmt
Licensed StatesALLicensedStatesCd
Licensed StatesAKLicensedStatesCd
Licensed StatesARLicensedStatesCd
Licensed StatesCALicensedStatesCd
Licensed StatesCOLicensedStatesCd
Licensed StatesCTLicensedStatesCd
Licensed StatesDCLicensedStatesCd
Licensed StatesFLLicensedStatesCd
Licensed StatesGALicensedStatesCd
Licensed StatesHILicensedStatesCd
Licensed StatesILLicensedStatesCd
Licensed StatesKSLicensedStatesCd
Licensed StatesKYLicensedStatesCd
Licensed StatesLALicensedStatesCd
Licensed StatesMELicensedStatesCd
Licensed StatesMDLicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesMILicensedStatesCd
Licensed StatesMNLicensedStatesCd
Licensed StatesMSLicensedStatesCd
Licensed StatesMOLicensedStatesCd
Licensed StatesNVLicensedStatesCd
Licensed StatesNHLicensedStatesCd
Licensed StatesNJLicensedStatesCd
Licensed StatesNMLicensedStatesCd
Licensed StatesNYLicensedStatesCd
Licensed StatesNCLicensedStatesCd
Licensed StatesNDLicensedStatesCd
Licensed StatesOHLicensedStatesCd
Licensed StatesOKLicensedStatesCd
Licensed StatesORLicensedStatesCd
Licensed StatesPALicensedStatesCd
Licensed StatesRILicensedStatesCd
Licensed StatesSCLicensedStatesCd
Licensed StatesTNLicensedStatesCd
Licensed StatesUTLicensedStatesCd
Licensed StatesVALicensedStatesCd
Licensed StatesWALicensedStatesCd
Licensed StatesWVLicensedStatesCd
Licensed StatesWILicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1SOPAEvent1Nm
Gross Receipts Event1$890,978GrossReceiptsEvent1Amt
Charitable Contri Event1$791,478CharitableContriEvent1Amt
Gross Revenue Event1$99,500GrossRevenueEvent1Amt
Cash Prizes Event1$0CashPrizesEvent1Amt
Non Cash Prizes Event1$804NonCashPrizesEvent1Amt
Rent Facility Costs Event1$0RentFacilityCostsEvent1Amt
Food And Beverage Event1$12,197FoodAndBeverageEvent1Amt
Entertainment Event1$0EntertainmentEvent1Amt
Other Direct Expenses Event1$36,729OtherDirectExpensesEvent1Amt
Event2SCSIS Award LeaEvent2Nm
Gross Receipts Event2$267,605GrossReceiptsEvent2Amt
Charitable Contri Event2$267,305CharitableContriEvent2Amt
Gross Revenue Event2$300GrossRevenueEvent2Amt
Cash Prizes Event2$0CashPrizesEvent2Amt
Non Cash Prizes Event2$1,911NonCashPrizesEvent2Amt
Rent Facility Costs Event2$0RentFacilityCostsEvent2Amt
Food And Beverage Event2$0FoodAndBeverageEvent2Amt
Entertainment Event2$0EntertainmentEvent2Amt
Other Direct Expenses Event2$0OtherDirectExpensesEvent2Amt
Other Events Total8OtherEventsTotalCnt
Gross Receipts Other Events$605,402GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$545,102CharitableContriOtherEventsAmt
Gross Revenue Other Events$60,300GrossRevenueOtherEventsAmt
Cash Prizes Other Events$0CashPrizesOtherEventsAmt
Non Cash Prizes Other Events$4,662NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events$19,200RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$9,911FoodAndBeverageOtherEventsAmt
Entertainment Other Events$15,705EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$155,682OthDirectExpnssOtherEventsAmt
Gross Receipts Total$1,763,985GrossReceiptsTotalAmt
Charitable Contributions Tot$1,603,885CharitableContributionsTotAmt
Gross Revenue Total Events$160,100GrossRevenueTotalEventsAmt
Cash Prizes Total Events$0CashPrizesTotalEventsAmt
Non Cash Prizes Total Events$7,377NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$19,200RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$22,108FoodAndBeverageTotalEventsAmt
Entertainment Total Events$15,705EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$192,411OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$256,801DirectExpenseSummaryEventsAmt
Net Income Summary-$96,701NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient9470RecipientCnt
Non Cash Assistance$202,241,534NonCashAssistanceAmt
Valuation Method UsedBOOKValuationMethodUsedDesc
Non Cash AssistanceTUITION REDUCTIONNonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceMONITORING USE OF GRANT FUNDS IN THE USFormAndLineReferenceDesc
ExplanationTHE UNIVERSITY AWARDS FEDERAL AND STATE FINANCIAL AID FUNDS EACH YEAR BASED UPON A STUDENT'S FINANCIAL NEED. ADDITIONALLY, THE UNIVERSITY PROVIDES INSTITUTIONAL AID VIA UNIVERSITY GRANTS ON THE BASIS OF ACADEMIC ACHIEVEMENTS, FINANCIAL NEED, AND OTHER STANDARDS. THE OFFICE OF FINANCIAL AID VERIFIES THE ACADEMIC ACHIEVEMENTS AND THE PERSONAL INCOME DATA PROVIDED FOR ON THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) OF EACH STUDENT TO DETERMINE THE AMOUNT OF AID AWARDED ON AN AS NEEDED BASIS. THE UNIVERSITY ALSO OFFERS SCHOLARSHIPS FUNDED THROUGH SPECIAL ENDOWMENTS AND DONATIONS, WHICH ARE AWARDED BASED ON SIMILAR STANDARDS AS WELL AS DONOR'S CRITERIA. THE OFFICES OF FINANCIAL AID AND FINANCE CONTINUOUSLY MONITOR STUDENT ELIGIBILITY FOR THESE AWARDS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Payments For Use Of ResidenceYes (X)PaymentsForUseOfResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (true)SeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (29 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
MARVIN KRISLOV
TRUSTEE, PRESIDENT$535,932$0$125,000$0$6,249$0$48,063$0$358,912$0$1,074,156$0$0$0
ROBERT C ALMON
EVP & CFO$377,847$0$0$0$762$0$15,358$0$23,536$0$417,503$0$0$0
VAYNA QUINONES
PROVOST, EXEC VP ACAD AFFAIRS$377,217$0$0$0$258$0$15,300$0$19,543$0$412,318$0$0$0
ARTHUR CENTONZE
PROFESSOR, LEFT DURING FY2021$144,165$0$0$0$229,131$0$11,403$0$20,487$0$405,186$0$0$0
JONATHAN HILL
DEAN, SEIDENBERG SCHOOL$261,235$0$0$0$20,471$0$10,805$0$99,547$0$392,058$0$0$0
HORACE ANDERSON
DEAN, SCHOOL OF LAW$320,197$0$0$0$0$0$13,500$0$45,967$0$379,664$0$0$0
HARRIET R FELDMAN
DEAN, COLLEGE OF HEALTH PROFS$326,159$0$0$0$1,476$0$14,000$0$19,123$0$360,758$0$0$0
LAUREN BIRNEY
PROFESSOR$329,672$0$0$0$258$0$5,759$0$16,343$0$352,032$0$0$0
GARY LAERMER
VP DEV & ALUM RLTNS$318,556$0$0$0$396$0$13,069$0$17,093$0$349,114$0$0$0
NIRA HERRMANN
FORMER DEAN, DYSON COLLEGE$314,594$0$0$0$1,955$0$14,030$0$910$0$331,489$0$0$0
JOHN NOLAN
PROFESSOR, LEFT DURING FY2021$128,938$0$0$0$181,508$0$11,024$0$9,998$0$331,468$0$0$0
JOSEPH A CAPPARELLI
VP FIN & CONTROLLER$272,177$0$0$0$396$0$11,425$0$41,890$0$325,888$0$0$0
ALAN EISNER
PROFESSOR, LEFT DURING FY2021$161,946$0$0$0$131,144$0$9,942$0$3,924$0$306,956$0$0$0
MICHELLE S SIMON
PROFESSOR$286,247$0$0$0$1,146$0$13,367$0$1,607$0$302,367$0$0$0
ROBINA C SCHEPP
VP FOR ENROLLMENT & PLACEMENT$285,658$0$0$0$1,146$0$11,376$0$910$0$299,090$0$0$0
PAUL DAMPIER
VP FOR IT & CIO$253,433$0$0$0$1,002$0$10,320$0$27,619$0$292,374$0$0$0
RICHARD SCHLESINGER
DEAN,DYSON COLLEGE 7/1-8/2/20$230,742$0$0$0$1,236$0$8,565$0$33,934$0$274,477$0$0$0
MARY BAGLIVO
VP UNIV RELATIONS$251,690$0$0$0$1,113$0$8,100$0$9,275$0$270,178$0$0$0
STEPHEN BRODSKY
LEGAL COUNSEL$237,165$0$0$0$296$0$12,082$0$17,032$0$266,575$0$0$0
IBOIYLA YOLAS
VP UNIV FACILITIES & CAP PROJ$224,010$0$0$0$138$0$9,209$0$28,646$0$262,003$0$0$0
JEAN C GALLAGHER
VP STRATEGIC INITIATIVES$199,311$0$0$0$498$0$8,374$0$44,640$0$252,823$0$0$0
NEAL S BRAUN
DEAN,LUBIN SCHOOL THRU 8/16/20$190,638$0$0$0$17,636$0$15,225$0$16,740$0$240,239$0$0$0
MATTEO RENNA
VP FOR HUMAN RESOURCES$199,749$0$0$0$0$0$8,475$0$29,657$0$237,881$0$0$0
CINDY HEILBERGER
CORPORATE SECRETARY$184,399$0$0$0$396$0$8,275$0$16,343$0$209,413$0$0$0
THOMAS M BRADY
TREASURER$187,575$0$0$0$840$0$7,034$0$910$0$196,359$0$0$0
LAWRENCE SINGLETON
DEAN,LUBIN SCHOOL ASOF 8/17/20$132,368$0$0$0$222$0$0$0$13,280$0$145,870$0$0$0
TRESMAINE GRIMES
DEAN,DYSON COLLEGE AS OF8/3/20$123,424$0$0$0$149$0$0$0$6,546$0$130,119$0$0$0
TIFFANY HAMILTON
CHIEF DIVERSITY OFFICER$164,975$0$0$0$283$0$6,375$0$15,315$0$186,948$0$0$0
LEILA FRANCHI
FORMER VP FOR UNIV. RELATIONS$139,687$0$0$0$396$0$5,784$0$43,390$0$189,257$0$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
HOURS, PART VII AND SCHEDULE JCOMPENSATION TO FORMER OFFICERS AND FORMER KEY EMPLOYEES IS BASED ON THEIR RESPECTIVE FACULTY POSITION HELD AT PACE UNIVERSITY DURING THE CALENDAR YEAR 2020. THE AVERAGE HOURS PER WEEK FOR FULL FACULTY POSITION IS 40 HOURS.
SCHEDULE J, PART I, LINE 1A AND 1BTHE PRESIDENT'S EMPLOYMENT CONTRACT PROVIDES AS A CONDITION OF HIS EMPLOYMENT AS PRESIDENT, THAT HE RESIDE IN CLOSE PROXIMITY TO ITS NYC CAMPUS FOR THE BENEFITS AND CONVENIENCE OF THE UNIVERSITY IN HAVING THE FUNCTIONS OF THE OFFICE OF THE PRESIDENT EFFICIENTLY DISCHARGED. THE PRESIDENT'S CONTRACT FURTHER REQUIRES FOR THE CONVENIENCE OF THE UNIVERSITY THAT HIS RESIDENCE BE AVAILABLE AND SHALL BE USED, FOR THE UNIVERSITY-RELATED BUSINESS AND ENTERTAINMENT ON A REGULAR AND CONTINUING BASIS. IN ADDITION, THE PRESIDENT'S CONTRACT PROVIDES THAT THE UNIVERSITY SHALL PAY FOR ALL MAINTENANCE AND OPERATING EXPENSES, INCLUDING GENERAL MAINTENANCE, HOUSEKEEPING, AND ALL UTILITIES INCLUDING TELEPHONE, CABLE, INTERNET, ELECTRIC, GAS, AND WATER. IN ACCORDANCE WITH THE PRESIDENT'S CONTRACT, THE UNIVERSITY ALSO PAYS FOR THE PRESIDENT'S USE OF A RECENT MODEL AUTOMOBILE AND A FULL TIME DRIVER TO ASSIST HIM IN IMPLEMENTING HIS DUTIES ON BEHALF OF THE UNIVERSITY, AS WELL AS ANNUAL DUES AND MEMBERSHIP FEES FOR SOCIAL CLUBS TO FACILITATE THE PRESIDENT'S FUNDRAISING, DEVELOPMENT AND RECRUITING EFFORTS ON BEHALF OF THE UNIVERSITY. THESE COSTS ARE TREATED AS NONTAXABLE BENEFITS TO THE PRESIDENT. SHORT TERM HOUSING ALLOWANCES ARE OCCASIONALLY PROVIDED PER INITIAL HIRING AGREEMENTS AND ARE TREATED AS TAXABLE COMPENSATION. CHAUFFEUR SERVICES ARE PROVIDED PER EMPLOYMENT CONTRACTS FOR UNIVERSITY BUSINESS; ANY PERSONAL TRAVEL EXPENSES ARE TREATED AS TAXABLE COMPENSATION TO THE RESPECTIVE OFFICER. SOCIAL CLUB DUES ARE PAID IN ACCORDANCE WITH INDIVIDUAL EMPLOYMENT CONTRACTS OR BUSINESS CONSIDERATIONS.
SCHEDULE J, PART I, LINE 4A - SEVERANCE PAYMENTSTHE FOLLOWING INDIVIDUAL RECEIVED SEVERANCE WHICH IS INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III): JOHN NOLAN $180,788 ARTHUR CENTONZE $228,067 ALAN EISNER $130,552

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
DORMITORY AUTHORITY OF THE STATE OF NEW YORK
A146000293649907JB92013-03-07$104,775,845REFUND A PORTION OF THE OUTSTANDINYes (true)falsefalse
WESTCHESTER COUNTY LOCAL DEVELOPMENT
B45513557895737TBD72014-04-03$99,996,810FINANCE UNIVERSITY CONSTRUCTIONfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$26,285,000$1,025,000$105,022,888$0$0$0$957,351$0$0$33,310,261$70,752,695$02016Yes (true)falsefalseYes (true)
B$0$0$100,164,469$0$5,970,794$0$1,967,779$0$0$92,225,896$0$02018falsefalseYes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndEngage Bond Counsel ResearchEngageBondCounselResearchIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndChange In Use Bond Financed PropChangeInUseBondFinancedPropPctRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
AfalsefalseYes (true)Yes (true)Yes (true)Yes (true)0.000000.000000.00000falseYes (true)0.25200Yes (true)Yes (true)
BfalsefalseYes (true)Yes (true)Yes (true)Yes (true)0.000000.000000.00000falsefalsefalseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndBusiness Name Line1GICProviderName/BusinessNameLine1TxtGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
0
AfalseYes (true)falsefalsefalse0Yes (true)Yes (true)
0
BfalseYes (true)Yes (true)falsefalse0falseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

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

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE K, PART I, LINE A, COLUMN(F)THE 2013 BONDS WERE ISSUED TO REFUND BONDS ISSUED ON BEHALF OF THE UNIVERSITY ON JUNE 1, 2005, WHICH 2005 BONDS IN TURN REFUNDED BONDS ISSUED IN 1997 AND 2000. THE 2013 BONDS WERE ALSO USED TO FINANCE CERTAIN UNIVERSITY NEW MONEY PROJECTS.
SCHEDULE K, PART II, LINE 3 BONDS PROCEEDS AND CURRENT VALUESTOTAL PROCEEDS OF ISSUE COLUMN A FOR THE DORMITORY AUTHORITY OF THE STATE OF NEW YORK BOND (DASNY) 2013A-- THE AMOUNT ON LINE 3 REPRESENTS ORIGINAL ISSUE PRICE OF $104,775,845 (INCLUDING $95,840,000 OF PRINCIPAL AND $8,935,845 OF PREMIUM) AND ACCUMULATED EARNINGS ON THE RELATED CONSTRUCTION FUND THROUGH JUNE 30, 2021 OF $247,043. THE OUTSTANDING PRINCIPAL IS $68,530,000 AS OF JUNE 30, 2021. FOR THE YEAR ENDED JUNE 30, 2016, THE UNIVERSITY SOLD A PROPERTY PARTIALLY FUNDED BY CERTAIN PROCEEDS OF THE DASNY BOND ISSUE. AS A RESULT, THE UNIVERSITY INITIATED A LEGAL DEFEASANCE WHERE $1,570,000 OF THE OUTSTANDING DASNY SERIES 2013A (TAX EXEMPT) BONDS AND RELATED INTEREST COSTS OF $397,391 WERE PLACED IN ESCROW IN ORDER TO PAY THE BOND HOLDERS THE AMOUNT REQUIRED TO TAKE REMEDIAL ACTION. THE DEFEASANCE RESULTED IN THE UNIVERSITY'S LEGAL RELEASE OF $1,570,000 OF THE BOND OBLIGATION. THE ONLY BONDS ALLOCABLE TO THE PROPERTY SOLD WERE THOSE ISSUED TO REFINANCE BONDS ORIGINALLY ISSUED PRIOR TO 2003. DASNY AND THE UNIVERSITY TOOK A REMEDIAL ACTION IN ACCORDANCE WITH SECTIONS 1.141-12 AND 1.145-2 OF THE REGULATIONS. FOR THE YEAR ENDED JUNE 30, 2017, THE UNIVERSITY SOLD A PROPERTY PARTIALLY FUNDED BY CERTAIN PROCEEDS OF THE DASNY BOND ISSUE. EXCEPT FOR AN AMOUNT THAT IS LESS THAN 1 PERCENT OF THE 2013 BONDS, THE 2013 BONDS ALLOCABLE TO THE PROPERTY SOLD WERE THOSE ISSUED TO REFINANCE BONDS ORIGINALLY ISSUED PRIOR TO 2003. DASNY AND THE UNIVERSITY TOOK AN 'ALTERNATIVE USE OF DISPOSITION PROCEEDS" REMEDIAL ACTION IN ACCORDANCE WITH SECTIONS 1.141-12 AND 1.145-2 OF REGULATIONS. COLUMN B FOR THE WESTCHESTER COUNTY LOCAL DEVELOPMENT CORPORATION BOND 2014A AND B THE AMOUNT ON LINE 3 REPRESENTS ORIGINAL ISSUE PRICE OF $100,590,000 LESS THE ORIGINAL DISCOUNT OF $593,190 PLUS THE ACCUMULATED EARNINGS OF $167,659. THE OUTSTANDING PRINCIPAL IS $100,590,000 AS OF JUNE 30, 2021.
SCHEDULE K, PART II, LINE 7 - ISSUANCE COSTS FROM PROCEEDSTHE AMOUNT IN LINE 7 IN COLUMNS A AND B REPRESENT COSTS OF ISSUANCE SUBJECT TO THE TWO PERCENT LIMIT OF CODE SECTION 147(G).
SCHEDULE K, PART II, LINE 13 - YEAR OF SUBSTANTIAL COMPLETIONCOLUMN A - THE SERIES 2013A DORMITORY AUTHORITY OF THE STATE OF NEW YORK BONDS WERE ISSUED AS MULTIPURPOSE BONDS IN ACCORDANCE WITH THE PROVISIONS OF SECTION 1.148-9(H) OF THE TREASURY REGULATIONS, PARTLY FOR THE PURPOSE OF REFUNDING THE 2005A BONDS, ORIGINALLY ISSUED PRIOR TO THE EFFECTIVE DATE OF PART III (REFUNDING PORTION), AS WELL AS FOR THE PURPOSE OF PROVIDING FUNDING FOR NEW CAPITAL PROJECTS (NEW MONEY). PART III IS THEREFORE ONLY COMPLETED FOR THE NEW MONEY EXCEPT FOR PART 3, LINE 8 WHICH IS COMPLETED FOR BOTH. THE COMPLETION DATE IN PART II, LINE 13, AND THE "NO" ANSWER TO LINE 16, REFERS TO THE NEW MONEY PORTION.
SCHEDULE K, PART II, LINE 16 COLUMN ATHE ALLOCATION FOR THESE BONDS WAS FINALIZED WITH RESPECT TO THE ORIGINAL PROCEEDS, BUT DUE TO THE ASSET SALE AND ALTERNATIVE USE OF DISPOSITION PROCEEDS DESCRIBED ABOVE, THE ALLOCATION OF THE DISPOSITION PROCEEDS HAS NOT BEEN FINALIZED. COLUMN B - THE SERIES 2014A AND B WESTCHESTER COUNTY LOCAL DEVELOPMENT CORPORATION BONDS WERE ISSUED TO FINANCE THE UNIVERSITY'S DESIGN, RENOVATION, CONSTRUCTION, EQUIPPING, AND/OR FURNISHING CERTAIN FACILITIES INCLUDING TECHNOLOGY IMPROVEMENTS AND FUND THE COST OF THE BOND'S ISSUANCE AND INTEREST COST DURING THE CONSTRUCTION PERIOD. THEREFORE, PART III HAS BEEN COMPLETED FOR THE BOND'S PURPOSE OF FUNDING FOR NEW CAPITAL PROJECTS.
SCHEDULE K, PART III, LINE 4 AND 5 - PRIVATE BUSINESS USETHE PERCENTAGE OF FINANCE PROPERTY USED IN A PRIVATE BUSINESS USE BY THE ENTITIES OTHER THAN A SECTION 501(C)(3) ORGANIZATION OR A STATE OR LOCAL GOVERNMENT AND THE PERCENTAGE OF FINANCED PROPERTY USED IN A PRIVATE BUSINESS USE AS A RESULT OF UNRELATED TRADE OR BUSINESS ACTIVITY CARRIES ON BY THE UNIVERSITY, ANOTHER 501(C)(3) ORGANIZATION OR STATE OR LOCAL GOVERNMENT, IS ZERO.
SCHEDULE K, PART IV, LINE 6 - ARBITRAGEIN CONNECTION WITH THE AFOREMENTIONED REMEDIAL ACTION AND LEGAL DEFEASANCE OF 2013A BONDS, FUNDS OF THE UNIVERSITY WERE INVESTED IN A YIELD RESTRICTED DEFEASANCE ESCROW, AND THUS WERE INVESTED BEYOND ANY APPLICABLE TEMPORARY PERIOD. LINE 2C- THE REBATE COMPUTATION WAS PERFORMED ON 3/7/2018 FOR 2013 AND 4/3/2019 FOR 2014.

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (12 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
SUBSTANTIAL CONTRIBUTOR
VENDOR$15,778,250Design & Constructionfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$14,469,013Janitorial Servicesfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$6,359,953Securityfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$2,500,000Consulting Servicesfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$1,354,596Design & Constructionfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$892,038Building Design Consultantsfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$517,634Legal Servicesfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$497,212IT Servicesfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$428,750Auditingfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$304,607IT Servicesfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$186,154Legal Servicesfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$157,923Property Rentalfalse

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE L, PART IV, COLUMN AFormAndLineReferenceDesc
ExplanationTHE NAMES OF SUBSTANTIAL CONTRIBUTORS HAVE NOT BEEN PRESENTED ON SCHEDULE L. SUCH INFORMATION IS PRESENTED ELSEWHERE WITHIN FORM 990 AND/OR IS NOT CONSIDERED PUBLIC INFORMATION SIMILAR TO INFORMATION INCLUDED ON SCHEDULE B.ExplanationTxt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution20ContributionCnt
Noncash Contributions Rpt F990$1NoncashContributionsRptF990Amt
Method Of Determining RevenuesValued $1 per GiftMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Art Historical TreasuresArtHistoricalTreasuresGrp
Art Fractional InterestArtFractionalInterestGrp
Books And PublicationsBooksAndPublicationsGrp
Clothing And Household GoodsClothingAndHouseholdGoodsGrp
Cars And Other VehiclesCarsAndOtherVehiclesGrp
Boats And PlanesBoatsAndPlanesGrp
Intellectual PropertyIntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution31ContributionCnt
Noncash Contributions Rpt F990$522,147NoncashContributionsRptF990Amt
Method Of Determining RevenuesQuoted PricesMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust IntrstsSecurPrtnrshpTrustIntrstsGrp
Securities MiscellaneousSecuritiesMiscellaneousGrp
Qualified Contrib Hist StructQualifiedContribHistStructGrp
Qualified Contrib OtherQualifiedContribOtherGrp
Real Estate ResidentialRealEstateResidentialGrp
Real Estate CommercialRealEstateCommercialGrp
Real Estate OtherRealEstateOtherGrp
CollectiblesCollectiblesGrp
Food InventoryFoodInventoryGrp
Drugs And Medical SuppliesDrugsAndMedicalSuppliesGrp
TaxidermyTaxidermyGrp
Historical ArtifactsHistoricalArtifactsGrp
Scientific SpecimensScientificSpecimensGrp
Archaeological ArtifactsArchaeologicalArtifactsGrp

Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Equipment4$53,063Retail Value
Yes (X)Professional Services2$2,240Retail Value
Yes (X)Supplies1$50,000Retail Value
FieldValueIRS element (for citing)
Form8283 Received1Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE M, PART I, COLUMN BFormAndLineReferenceDesc
ExplanationPACE UNIVERSITY USES A COMBINATION OF REPORTING THE NUMBER OF CONTRIBUTIONS AND THE NUMBER OF ITEMS RECEIVED.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 REVIEW PROCESS, CORE FORM, PART VI, SECTION B, LINE 11ATHE FORM 990 IS PREPARED BY THE UNIVERSITY'S VICE PRESIDENT AND CONTROLLER AS ASSISTED BY VARIOUS OTHER STAFF MEMBERS IN THE FINANCE AND PLANNING DEPARTMENT. THE PREPARED FORM IS REVIEWED BY THE UNIVERSITY'S PRESIDENT, CHIEF FINANCIAL OFFICER AND IN-HOUSE LEGAL COUNSEL AS WELL AS PRICEWATERHOUSECOOPERS, LLP THE UNIVERSITY'S OUTSIDE TAX ADVISORS. A DRAFT FORM 990 IS THEN PRESENTED TO THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR APPROVAL, FOLLOWED BY DISTRIBUTION OF THE FINAL COPY OF FORM 990 TO ALL MEMBERS OF THE BOARD OF TRUSTEES.
CORE FORM, PART VI, SECTION B, LINE 12CCOMPLIANCE WITH CONFLICT OF INTEREST POLICY CONFLICT OF INTEREST POLICY DISCLOSURE FORMS (THE "DISCLOSURE FORMS") ARE ANNUALLY SUBMITTED TO AND RETRIEVED FROM THE UNIVERSITY'S TRUSTEES, OFFICERS, DEANS AND KEY EMPLOYEES. THE DISCLOSURE FORMS FOR OFFICERS, DEANS AND KEY EMPLOYEES ARE REVIEWED BY THE VICE PRESIDENT OF HUMAN RESOURCES AND UNIVERSITY IN-HOUSE LEGAL COUNSEL. POTENTIAL OFFICER, DEAN AND KEY EMPLOYEE CONFLICTS ARE VETTED WITH SUPERVISORS IN CONSULTATION WITH THE VICE PRESIDENT OF HUMAN RESOURCES AND UNIVERSITY'S IN-HOUSE LEGAL COUNSEL. THE DISCLOSURE FORMS FOR THE TRUSTEES ARE REVIEWED BY UNIVERSITY IN-HOUSE LEGAL COUNSEL, WHO PREPARES A SPREADSHEET LISTING POTENTIAL TRUSTEE CONFLICTS FOR REVIEW BY THE BOARD'S COMMITTEE OF TRUSTEES. THIS LISTING IS USED AS (1) A GUIDE TO ENSURE THAT CONFLICTED TRUSTEES ARE RECUSED FROM DISCUSSIONS AND VOTING WHEN APPROPRIATE AND (2) INPUT TO ASSESS DISCLOSURES IN THE UNIVERSITY'S FORM 990.
CORE FORM 990, PART VI, SECTION B, LINE 15PROCESS FOR DETERMINING COMPENSATION FOR OFFICERS AND KEY EMPLOYEES EACH YEAR, THE CHAIR OF THE UNIVERSITY'S BOARD OF TRUSTEES REQUESTS THE HUMAN RESOURCES DEPARTMENT TO COLLECT COMPARATIVE PRESIDENTIAL COMPENSATION DATA FROM THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA-HR), AS WELL AS PUBLISHED FORM 990 DATA FROM SUCH SOURCES AS THE CHRONICLE OF HIGHER EDUCATION, AS A BASIS IN SETTING THE ANNUAL COMPENSATION OF THE PRESIDENT OF THE UNIVERSITY FOR THE UPCOMING YEAR. WITH RESPECT TO OTHER UNIVERSITY OFFICERS, DEANS AND KEY EMPLOYEES, EACH YEAR PRIOR COMPARABILITY DATA FROM PEER INSTITUTIONS IS COLLECTED AND SUMMARIZED FOR REVIEW BY THE PRESIDENT (NINE COMPARABLE DOCTORAL CLASS INSTITUTIONS OF SIMILAR SIZE, SCOPE AND ORGANIZATIONAL COMPLEXITY, LOCALLY AND NATIONALLY, USED AS COMPARATORS FOR SEVERAL ACADEMIC AND FINANCIAL SCOPES ACROSS THE UNIVERSITY). THIS DATA OBTAINED VIA SURVEY IS USED BY THE PRESIDENT TO PRESENT COMPENSATION ADJUSTMENTS TO THE UNIVERSITY'S INDEPENDENT COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE COMPETITIVE DATA OBTAINED IS ALSO USED WHEN DETERMINING COMPENSATION OFFERS FOR NEW HIRES AT THE EXECUTIVE LEVEL. ONCE THIS DATA IS COLLECTED AND PRESENTED FOR APPROVAL BY THE COMPENSATION COMMITTEE AND THE BOARD OF TRUSTEES, DOCUMENTATION OF THE SURROUNDING DISCUSSIONS AND DECISIONS IS PREPARED BY THE SPECIAL ASSISTANT TO THE BOARD OF TRUSTEES AND FILED WITH THE UNIVERSITY ARCHIVIST, ALONG WITH THE RELATED MINUTES OF THE MEETINGS FOR HISTORICAL RECORD. THE UNIVERSITY FURTHER HAS A ROBUST PERFORMANCE EVALUATION PROCESS IN PLACE, THE RESULTS OF WHICH ARE CONSIDERED DURING THE COMPENSATION DETERMINATION PROCESS. THE UNIVERSITY'S PRESIDENT DOES NOT TAKE PART IN BOARD VOTING RELATING TO MATTERS INVOLVING HIS COMPENSATION, BENEFITS AND OTHER TERMS AND CONDITIONS OF HIS EMPLOYMENT, OR PARTICIPATE IN OR ATTEND BOARD MEETINGS AND DISCUSSIONS RELATING THERETO, EXCEPT AT TIMES WHEN RESPONDING TO QUESTIONS FROM THE COMPENSATION COMMITTEE.
CORE FORM, PART V, LINE 4A AND 4BFINANCIAL ACCOUNTS IN A FOREIGN COUNTRY THE UNIVERSITY'S FINANCIAL HOLDINGS IN ANY FOREIGN COUNTRY ARE LIMITED TO EQUITY INTERESTS IN COMMINGLED INVESTMENT VEHICLES. ACCORDINGLY, THE UNIVERSITY IS NOT REQUIRED TO FILE FINCEN REPORT 114 (FORMERLY FORM TD F 90-22.1) REPORT OF FOREIGN BANK AND FINANCIAL ACCOUNTS.
CORE FORM, PART VI, SECTION C, LINE 19AVAILABILITY OF GOVERNING AND OTHER DOCUMENTS TO THE PUBLIC THE UNIVERSITY'S AUDITED FINANCIAL STATEMENTS AND THE CONFLICT OF INTEREST POLICY ARE POSTED ON ITS WEBSITE. FORM 990 AND 990-T ARE AVAILABLE UPON REQUEST. THE UNIVERSITY'S GOVERNING DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC.
CORE FORM, PART III, LINE 4OTHER PROGRAM SERVICE ACTIVITIES A DESCRIPTION OF THE UNIVERSITY'S OTHER SIGNIFICANT PROGRAM SERVICE ACTIVITIES ARE AS FOLLOWS: ACADEMIC SUPPORT- TO PROVIDE FACILITIES AND PERSONNEL TO SUPPORT INSTRUCTIONAL STAFF IN EDUCATIONAL EFFORTS SUCH AS LIBRARIES, ACADEMIC COMPUTER CENTERS, AUDIO VISUAL AIDS, ETC. STUDENT SERVICES- TO MEET NON-INSTRUCTIONAL NEEDS OF STUDENTS SUCH AS ADMISSIONS, REGISTRATION, COUNSELING, CAREER PLANNING, AND SOCIAL AND CULTURAL ACTIVITIES. RESEARCH- TO SUPPORT ACTIVITIES SPECIFICALLY ORGANIZED TO PRODUCE RESEARCH, WHETHER COMMISSIONED BY AN AGENCY EXTERNAL TO THE UNIVERSITY OR SEPARATELY BUDGETED BY AN ORGANIZATIONAL UNIT WITHIN THE UNIVERSITY.
FORM 990, PART XI, LINE 9, OTHER CHANGES IN NET ASSETSCHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT OF $380,680

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
PACE ENVIRONMENTAL LITIGATION CLINIC
78 NORTH BROADWAYWHITE PLAINSNY10603133709483EDUCATIONNY501(C)(3)12(A)NAYes (true)
JOHN JAY LEGAL SERVICES INC
80 NORTH BROADWAYWHITE PLAINSNY10603133403308EDUCATIONNY501(C)(3)12(A)NAYes (true)

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1PACE UNIV FUND LPBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1125 HIGH STAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02110ZIPCd
FieldValueIRS element (for citing)
EIN463422188EIN
Primary ActivitiesINVESTMENTSPrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1PACE UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Predominant Income TypeEXCLUDEDPredominantIncomeTypeTxt
Share Of Total Income$13,254,407ShareOfTotalIncomeAmt
Share Of EOY Assets$176,352,107ShareOfEOYAssetsAmt
Disproportionate AllocationsfalseDisproportionateAllocationsInd
UBI Code V-$26,096UBICodeVAmt
General Or Managing PartnerfalseGeneralOrManagingPartnerInd
Ownership0.99999OwnershipPct

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Primary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationInd
CHARITABLE REMAINDER UNITRUST (1)
TRUST DISTRIBNYPACE UNIVERSITYTfalse
POOLED LIFE INCOME FUND (1)
TRUST DISTRIBNYPACE UNIVERSITYTfalse
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (true)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
PACE UNIVERSITY FUND LP
1B$14,200,000BOOK
PACE UNIVERSITY FUND LP
1C$7,350,000BOOK

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE R, PART III - RELATED ORGANIZATION TAXABLE PARTNERSHIPFormAndLineReferenceDesc
ExplanationPACE UNIVERSITY FUND, LP (PACE FUND) IS A LIMITED PARTNERSHIP, WHICH COMMENCED OPERATIONS ON DECEMBER 4, 2013, IN WHICH THE UNIVERSITY IS THE SOLE LIMITED PARTNER AND CAMBRIDGE ASSOCIATES RESOURCES, LLC IS THE GENERAL PARTNER. THE PARTNERSHIP ACTS AS AN INVESTMENT VEHICLE FOR A SIGNIFICANT PORTION OF THE UNIVERSITY'S ENDOWMENT. THE PACE FUND IS RECORDED AT NET ASSET VALUE AT JUNE 30, 2021.ExplanationTxt