THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY (EIN 22-1487354)
Tax period: 2020-07-01 to 2021-06-30
Filed: 2022-03-16
IRS object ID: 202230759349301303
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 M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-03-16T10:15:54-05:00	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 - PHILLIP GROFF	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	221487354	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	STEVENS INSTITUTE OF TECHNOLOGY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	STEV	BusinessNameControlTxt
Phone	2012168761	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	ONE CASTLE POINT ON HUDSON	AddressLine1Txt
City	HOBOKEN	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07030	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	LOUIS MAYER	PersonNm
Person Title	CFO,VP FIN, TREAS.	PersonTitleTxt
Phone	2012168761	PhoneNum
Signature	2022-03-15	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	LOUIS	PersonFirstNm
Person Last	MAYER	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	PHILLIP GROFF - KPMG LLP	PreparerPersonNm
PTIN	P01247783	PTIN
Phone	2127589700	PhoneNum
Preparation	2022-03-10	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	LOUIS MAYER	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	ONE CASTLE PT ON HUDSON	AddressLine1Txt
City	HOBOKEN	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07030	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$463,953,326	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.STEVENS.EDU	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1870	FormationYr
Legal Domicile State	NJ	LegalDomicileStateCd
Activity Or Mission	THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE EDUCATIONAL SERVICES, SEE SCHEDULE O.	ActivityOrMissionDesc
Voting Members Governing Body	34	VotingMembersGoverningBodyCnt
Voting Members Independent	31	VotingMembersIndependentCnt
Total Employee	3224	TotalEmployeeCnt
Total Volunteers	610	TotalVolunteersCnt
Total Gross UBI	-$14,889	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$12,292,442	PYContributionsGrantsAmt
CY Contributions Grants	$23,091,532	CYContributionsGrantsAmt
PY Program Service Revenue	$350,778,342	PYProgramServiceRevenueAmt
CY Program Service Revenue	$343,314,102	CYProgramServiceRevenueAmt
PY Investment Income	$16,645,326	PYInvestmentIncomeAmt
CY Investment Income	$7,182,908	CYInvestmentIncomeAmt
PY Other Revenue	$3,206,652	PYOtherRevenueAmt
CY Other Revenue	$1,759,279	CYOtherRevenueAmt
PY Total Revenue	$382,922,762	PYTotalRevenueAmt
CY Total Revenue	$375,347,821	CYTotalRevenueAmt
PY Grants And Similar Paid	$93,803,324	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$106,097,244	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$162,158,746	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$157,219,149	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$141,375	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$114,003	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$4,325,878	CYTotalFundraisingExpenseAmt
PY Other Expenses	$98,207,515	PYOtherExpensesAmt
CY Other Expenses	$86,303,187	CYOtherExpensesAmt
PY Total Expenses	$354,310,960	PYTotalExpensesAmt
CY Total Expenses	$349,733,583	CYTotalExpensesAmt
PY Revenues Less Expenses	$28,611,802	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$25,614,238	CYRevenuesLessExpensesAmt
Total Assets BOY	$845,203,088	TotalAssetsBOYAmt
Total Assets EOY	$910,259,495	TotalAssetsEOYAmt
Total Liabilities BOY	$411,561,037	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$404,779,485	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$433,642,051	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$505,480,010	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	SEE SCHEDULE O	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$253,255,983	ExpenseAmt
Grant	$106,097,244	GrantAmt
Revenue	$295,097,171	RevenueAmt
Desc	EDUCATIONAL INSTRUCTION: IN THE ACADEMIC YEAR 2020-2021, STEVENS' ENROLLMENT WAS 4,064 UNDERGRADUATE STUDENTS AND 4,223 GRADUATE STUDENTS. 768 STUDENTS GRADUATED WITH BACHELOR OF ENGINEERING, SCIENCE, BUSINESS OR ARTS DEGREES, 1,611 STUDENTS RECEIVED MASTER'S IN ENGINEERING, SCIENCE OR BUSINESS ADMINISTRATION. 54 PHD DEGREES WERE ALSO CONFERRED. IN ADDITION, STEVENS COLLABORATED WITH NUMEROUS DOMESTIC AND INTERNATIONAL UNIVERSITIES AND OTHER EDUCATIONAL PROGRAMS TO PROVIDE COURSES AND TRAINING TO INTERNATIONAL STUDENTS. STEVENS EMPHASIZES INNOVATION AND TEACHES ENTREPRENEURSHIP THROUGHOUT ITS CURRICULUM WITH THE AIM OF ENABLING THE INTEGRATION OF TECHNOLOGICAL AND MARKET KNOWLEDGE.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$34,380,938	ExpenseAmt
Revenue	$38,590,749	RevenueAmt
Desc	RESEARCH: THE RESEARCH ENTERPRISE INCLUDES ACADEMIC RESEARCH, NATIONAL RESEARCH CENTERS AND CROSS-DISCIPLINARY RESEARCH INITIATIVES WITH AFFILIATED ORGANIZATIONS AND INFRASTRUCTURE. CREATIVE AND ENTREPRENEURAL RESEARCH IS AN INTEGRAL PART OF THE STEVENS MISSION. THE INSTITUTE HAS BEEN RECOGNIZED BY BOTH THE U.S. DEPARTMENT OF DEFENSE AND THE DEPARTMENT OF HOMELAND SECURITY AS A NATIONAL CENTER OF EXCELLENCE IN THE AREAS OF SYSTEMS ENGINEERING, PORT SECURITY AND INFORMATION ASSURANCE.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$27,809,776	ExpenseAmt
Revenue	$10,027,105	RevenueAmt
Desc	STUDENT LIFE: THE UNIVERSITY MAINTAINS A 55 ACRE CAMPUS IN HOBOKEN, NEW JERSEY AND PROVIDES STUDENTS WITH ON CAMPUS AND OFF CAMPUS HOUSING AS WELL AS SEVERAL DINING FACILITIES. CLOSE INTERACTIONS BETWEEN PROFESSORS AND STUDENTS ALLOW FOR GREATER ACADEMIC AND SOCIAL DEVELOPMENT. THERE ARE OVER 120 CLUBS, ORGANIZATIONS AND VARSITY SPORTS THAT OFFER THE STUDENTS AMPLE OPPORTUNITY TO PARTICIPATE, BROADEN AND ENRICH THEIR STUDENT LIFE. THE S.C. WILLIAMS LIBRARY SERVES AS THE UNIVERSITY'S INTELLECTUAL, CULTURAL AND SOCIAL CENTER CAPITALIZING ON A RESOURCEFUL STAFF AND NEW TECHNOLOGIES TO FOSTER A STIMULATING ENVIRONMENT FOR TEACHING, LEARNING AND SCIENTIFIC DISCOVERY.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$315,446,697	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	0	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	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	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	0	MoreThan5000KToIndividualsInd
Professional Fundraising	Yes (1)	ProfessionalFundraisingInd
Fundraising Activities	0	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	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (1)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	0	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	7267	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	3224	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	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	0	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
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	34	GoverningBodyVotingMembersCnt
Independent Voting Member	31	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	Yes (1)	DelegationOfMgmtDutiesInd
Change To Org Documents	Yes (1)	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	MD	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MN	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NH	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NC	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OR	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	PA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	SC	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LOUIS MAYER EDD	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2012168761	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5 MARINE VIEW PLAZA SUITE 501	AddressLine1Txt
City	HOBOKEN	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07030	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (63 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	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
NARIMAN FARVARDIN
PRESIDENT/TRUSTEE	55.00	0.00	Yes (X)	Yes (X)	$890,820	$0	$28,641
YI GUO
TRUSTEE/PROFESSOR	55.00	0.00	Yes (X)		$203,361	$0	$23,504
STEPHEN T BOSWELL
CHAIRMAN/TRUSTEE	3.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
THOMAS A CORCORAN
VICE CHAIRMAN TO 12/10/20/TRUSTEE	1.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
RICHARD R ROSCITT
VICE CHAIRMAN TO 12/10/20/TRUSTEE	1.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
JOHN A SCHEPISI
VICE CHAIRMAN TO 12/10/20/TRUSTEE	1.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
SALEEL V AWSARE
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
LAWRENCE T BABBIO JR
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
DEVON E BROOKS
TRUSTEE AS OF 1/1/21	1.00	0.00	Yes (X)		$0	$0	$0
MARY ANNE CANNON
TRUSTEE AS OF 5/25/21	1.00	0.00	Yes (X)		$0	$0	$0
KAREN S CAROLONZA
TRUSTEE AS OF 1/1/21	1.00	0.00	Yes (X)		$0	$0	$0
CRISTIAN S COLLADO
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
PHILIP P CROWLEY
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
JOHN R DEARBORN
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
JOSEPH DEL GUERCIO
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
WILLIAM W DESTLER
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
JOSEPH G DIPOMPEO
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
EMILIO A FERNANDEZ
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
KAITLIN GILI
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
HERMES O GONZALEZ-BELLO
TRUSTEE AS OF 5/25/21	1.00	0.00	Yes (X)		$0	$0	$0
JOHN SEAN J HANLON IV
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
JOELLE M HINDS
TRUSTEE AS OF 5/25/21	1.00	0.00	Yes (X)		$0	$0	$0
A MICHAEL LIPPER
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
LISA M MASCOLO
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
THOMAS J NATHANSON
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
ELIZABETH C PALLONE
TRUSTEE TO 5/25/21	1.00	0.00	Yes (X)		$0	$0	$0
SAMUEL P RECKFORD
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
ANNMARIE RIZZO
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
VIRGINIA P RUESTERHOLZ
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
RONALD E SALLUZZO
TRUSTEE TO 12/10/20	1.00	0.00	Yes (X)		$0	$0	$0
THOMAS H SCHOLL
TRUSTEE TO 12/10/20	1.00	0.00	Yes (X)		$0	$0	$0
FRANK J SEMCER
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
LOUIS A STEINBERG
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
J SCOTT SWENSEN
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
HAILEY TANNER
TRUSTEE AS OF 5/25/21	1.00	0.00	Yes (X)		$0	$0	$0
VICTORIA VELASCO
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
RAINER MARTINI
TRUSTEE/PROFESSOR AS OF 5/25/21	55.00	0.00	Yes (X)		$185,334	$0	$13,893
ROBIN S HAMMERMAN
TRUSTEE/PROF 1/1/21-5/25/21	55.00	0.00	Yes (X)		$55,629	$0	$31,816
LOUIS J MAYER
VP OF FINANCE/TREASURER, CFO	55.00	0.00		Yes (X)	$429,812	$0	$47,856
KATHY L SCHULZ
VP & GENERAL COUNSEL/SECRETARY	55.00	0.00		Yes (X)	$441,579	$0	$34,196
JOSEPH E CASSIDY
AVP FINANCE/ASST TREAS	55.00	0.00		Yes (X)	$255,549	$0	$23,168
ELIZABETH SHELTON
AVP FOR INVST/ASST TREAS TO 12/31/20	55.00	0.00		Yes (X)	$232,548	$0	$33,490
TONIANN BIONDOLILLO
ASST SEC/EXEC ASST	55.00	0.00		Yes (X)	$88,288	$0	$16,506
CHRISTOPHE PIERRE
PROVOST	55.00	0.00			$568,843	$0	$47,856	Yes (X)
GREGORY PRASTACOS
DEAN	55.00	0.00			$438,049	$0	$54,041	Yes (X)
JEAN ZU
DEAN	55.00	0.00			$349,053	$0	$34,196	Yes (X)
YEHIA MASSOUD
DEAN TO 6/30/21	55.00	0.00			$319,108	$0	$51,191	Yes (X)
ROBERT MAFFIA
VP FOR FACILITIES/OPERATIONS	55.00	0.00			$322,803	$0	$54,041	Yes (X)
MARYBETH MURPHY
VP FOR ENROLLMENT/STU AFF TO 6/30/21	55.00	0.00			$316,263	$0	$37,046	Yes (X)
DILHAN KALYON
VICE PROVOST	55.00	0.00			$332,028	$0	$47,857	Yes (X)
WARREN PETTY
VP FOR HUMAN RESOURCES	55.00	0.00			$257,977	$0	$23,456	Yes (X)
MICHAEL PARENTE
INT. VP INFO TECH TO 8/16/20	55.00	0.00			$198,558	$0	$13,132	Yes (X)
LAURA ROSE
VP FOR DEV/ALUM AS OF 5/11/20	55.00	0.00			$224,534	$0	$31,924	Yes (X)
ELISABETH MCGRATH
VP FOR UNIV RELATIONS	55.00	0.00			$321,084	$0	$27,019	Yes (X)
CONSTANTIN CHASSAPIS
VICE PROVOST	55.00	0.00			$389,862	$0	$47,856		Yes (X)
DINESH VERMA
PROFESSOR/EXEC DIR	55.00	0.00			$359,460	$0	$51,191		Yes (X)
GEORGE KORFIATIS
PROFESSOR	55.00	0.00			$361,993	$0	$47,857		Yes (X)
EDWARD STUKANE
VP FOR COMM/MKT TO 11/6/20	55.00	0.00			$411,815	$0	$46,217		Yes (X)
DAVID ZENG
VICE PROVOST	55.00	0.00			$348,552	$0	$51,191		Yes (X)
KEITH G SHEPPARD
FORMER KEY EMPLOYEE	55.00	0.00			$226,077	$0	$31,509			Yes (X)
DAVID DODD
FORMER KEY EMPLOYEE	55.00	0.00			$327,032	$0	$0			Yes (X)
ANTHONY BARRESE
FORMER KEY EMPLOYEE	55.00	0.00			$259,606	$0	$46,357			Yes (X)
DAWN DA SILVA
FORMER KEY EMPLOYEE	55.00	0.00			$218,981	$0	$15,733			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$9,334,598	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$1,012,740	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	374	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (1)	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
TISHMAN CONSTRUCTION
30 KNIGHTSBRIDGE ROAD BLDG 5	ND FL PISCATAWAY	NJ	08854	CONSTRUCTION	$118,279,800
GILBANE BUILDING COMPANY
7 JACKSON WALKWAY	PROVIDENCE	RI	02903	CONSTRUCTION	$4,774,196
UG2 LLC
116 HUNTINGTON AVE 12TH FLOOR	BOSTON	MA	02116	CLEANING SERVICES	$3,128,516
NORDIC CONTRACTING CO INC
95 NORTH DELL AVENUE	KENVIL	NJ	07847	CONTRACTOR	$2,068,879
COLONIAL ELECTRIC SUPPLY CO INC
201 WEST CHURCH RD	KING OF PRUSSIA	PA	19406	CONTRACTOR	$1,836,306

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	44	CntrctRcvdGreaterThan100KCnt
Government Grants	$9,477,883	GovernmentGrantsAmt
All Other Contributions	$13,613,649	AllOtherContributionsAmt
Noncash Contributions	$783,488	NoncashContributionsAmt
Total Contributions	$23,091,532	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES	611600	$294,654,296	$294,654,296
RESEARCH REVENUE	541610	$38,590,749	$38,590,749
STUDENT HOUSING	611710	$5,798,323	$5,798,323
STUDENT DINING	611710	$3,976,455	$3,976,455
TECHNICAL LEADERSHIP & ENTR.	611600	$265,214	$265,214

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$29,065	TotalRevenueColumnAmt
Related Or Exempt Func Income	$29,065	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$343,314,102	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$4,046,203	TotalRevenueColumnAmt
Unrelated Business Revenue	-$14,889	UnrelatedBusinessRevenueAmt
Exclusion	$4,061,092	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$62,035	TotalRevenueColumnAmt
Exclusion	$62,035	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$48,082	RealAmt

Less Rental Expenses LessRentalExpensesGrp

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

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$48,082	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$48,082	TotalRevenueColumnAmt
Exclusion	$48,082	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$89,817,210	SecuritiesAmt
Other	$1,925,000	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$88,605,505	SecuritiesAmt
Other	$0	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$1,211,705	SecuritiesAmt
Other	$1,925,000	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,136,705	TotalRevenueColumnAmt
Exclusion	$3,136,705	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	ExclusionExclusionAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INSURANCE RECOVERY	900099	$910,716	$910,716
PARKING	812930	$104,491	$51,371	$53,120
DINING SERVICE CONTRACT	900099	$88,595		$88,595

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$545,360	TotalRevenueColumnAmt
Related Or Exempt Func Income	$259,208	RelatedOrExemptFuncIncomeAmt
Exclusion	$286,152	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$1,649,162	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$375,347,821	TotalRevenueColumnAmt
Related Or Exempt Func Income	$343,715,025	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	-$14,889	UnrelatedBusinessRevenueAmt
Exclusion	$8,556,153	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$106,097,244	TotalAmt
Program Services	$106,097,244	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$6,559,041	TotalAmt
Program Services	$2,315,155	ProgramServicesAmt
Management And General	$4,084,649	ManagementAndGeneralAmt
Fundraising	$159,237	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$700,616	TotalAmt
Program Services	$504,853	ProgramServicesAmt
Fundraising	$195,763	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$120,548,727	TotalAmt
Program Services	$108,709,303	ProgramServicesAmt
Management And General	$9,227,629	ManagementAndGeneralAmt
Fundraising	$2,611,795	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$6,778,491	TotalAmt
Program Services	$5,915,108	ProgramServicesAmt
Management And General	$706,035	ManagementAndGeneralAmt
Fundraising	$157,348	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$15,428,794	TotalAmt
Program Services	$13,463,614	ProgramServicesAmt
Management And General	$1,607,034	ManagementAndGeneralAmt
Fundraising	$358,146	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$7,203,480	TotalAmt
Program Services	$6,285,966	ProgramServicesAmt
Management And General	$750,301	ManagementAndGeneralAmt
Fundraising	$167,213	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$793,978	TotalAmt
Program Services	$497,324	ProgramServicesAmt
Management And General	$287,655	ManagementAndGeneralAmt
Fundraising	$8,999	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$153,480	TotalAmt
Program Services	$7,500	ProgramServicesAmt
Management And General	$145,980	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$176,500	TotalAmt
Management And General	$176,500	ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$114,003	TotalAmt
Fundraising	$114,003	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$756,834	TotalAmt
Program Services	$756,834	ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$15,952,948	TotalAmt
Program Services	$12,455,087	ProgramServicesAmt
Management And General	$3,153,454	ManagementAndGeneralAmt
Fundraising	$344,407	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$5,791,019	TotalAmt
Program Services	$1,270,485	ProgramServicesAmt
Management And General	$4,520,534	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,190,773	TotalAmt
Program Services	$1,415,768	ProgramServicesAmt
Management And General	$629,627	ManagementAndGeneralAmt
Fundraising	$145,378	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$4,792,801	TotalAmt
Program Services	$4,600,726	ProgramServicesAmt
Management And General	$172,214	ManagementAndGeneralAmt
Fundraising	$19,861	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$13,115,733	TotalAmt
Program Services	$12,464,422	ProgramServicesAmt
Management And General	$651,311	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$584,224	TotalAmt
Program Services	$575,907	ProgramServicesAmt
Management And General	$8,154	ManagementAndGeneralAmt
Fundraising	$163	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$187,982	TotalAmt
Program Services	$175,500	ProgramServicesAmt
Management And General	$11,898	ManagementAndGeneralAmt
Fundraising	$584	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$3,729,106	TotalAmt
Program Services	$3,561,296	ProgramServicesAmt
Management And General	$167,810	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$17,955,671	TotalAmt
Program Services	$17,147,666	ProgramServicesAmt
Management And General	$808,005	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$1,600,625	TotalAmt
Management And General	$1,600,625	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
RESEARCH CONTRACTS	$8,405,443	$8,405,443
REPAIRS & MAINTENANCE	$3,105,061	$2,578,055	$526,303	$703
MATERIALS & SUPPLIES	$2,581,171	$2,539,987	$41,184
LIBRARY ACQ & PUBLIC.	$1,512,940	$1,505,650	$7,290

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,916,898	TotalAmt
Program Services	$2,197,804	ProgramServicesAmt
Management And General	$676,816	ManagementAndGeneralAmt
Fundraising	$42,278	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$349,733,583	TotalAmt
Program Services	$315,446,697	ProgramServicesAmt
Management And General	$29,961,008	ManagementAndGeneralAmt
Fundraising	$4,325,878	FundraisingAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part X	Yes (X)	InfoInScheduleOPartXInd

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$321,013	BOYAmt
EOY	$294,994	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$75,822,967	BOYAmt
EOY	$86,582,397	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$20,276,317	BOYAmt
EOY	$17,499,728	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$16,430,265	BOYAmt
EOY	$18,319,109	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$14,687,670	BOYAmt
EOY	$17,145,484	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$670,046,350	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$202,397,003	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$341,464,596	BOYAmt
EOY	$467,649,347	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$171,185,534	BOYAmt
EOY	$197,937,685	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$47,339,952	BOYAmt
EOY	$78,116,900	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$157,674,774	BOYAmt
EOY	$26,713,851	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$845,203,088	BOYAmt
EOY	$910,259,495	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$40,203,866	BOYAmt
EOY	$30,166,676	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$12,144,766	BOYAmt
EOY	$17,651,739	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$341,574,916	BOYAmt
EOY	$336,897,890	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$17,637,489	BOYAmt
EOY	$20,063,180	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$411,561,037	BOYAmt
EOY	$404,779,485	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	$202,015,448	BOYAmt
EOY	$228,415,104	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$231,626,603	BOYAmt
EOY	$277,064,906	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$433,642,051	BOYAmt
EOY	$505,480,010	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$845,203,088	BOYAmt
EOY	$910,259,495	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$25,614,238	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$45,781,385	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$442,336	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)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

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	$12,701,391	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$34,857,996	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,383,557	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$12,287,442	CurrentTaxYearMinus1YearAmt
Current Tax Year	$22,996,732	CurrentTaxYearAmt
Total	$86,227,118	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$12,701,391	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$34,857,996	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,383,557	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$12,287,442	CurrentTaxYearMinus1YearAmt
Current Tax Year	$22,996,732	CurrentTaxYearAmt
Total	$86,227,118	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$15,117,560	SubstantialContributorsTotAmt
Public Support Total170	$71,109,558	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$4,164,121	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$5,910,248	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$8,695,375	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$7,626,495	CurrentTaxYearMinus1YearAmt
Current Tax Year	$4,171,209	CurrentTaxYearAmt
Total	$30,567,448	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$4,081,092	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$4,613,674	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,148,535	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,035,693	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,652,697	CurrentTaxYearAmt
Total	$16,531,691	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$133,326,257	TotalSupportAmt
Gross Receipts Rltd Activities	$1,640,290,296	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.53330	PublicSupportCY170Pct
Public Support PY170	0.51270	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	Yes (1)	PaidStaffOrManagementInd
Media Advertisements	0	MediaAdvertisementsInd
Mailings Members	0	MailingsMembersInd
Publications Or Broadcast	0	PublicationsOrBroadcastInd
Grants Other Organizations	0	GrantsOtherOrganizationsInd
Direct Contact Legislators	Yes (1)	DirectContactLegislatorsInd
Direct Contact Legislators	$249,140	DirectContactLegislatorsAmt
Rallies Demonstrations	0	RalliesDemonstrationsInd
Other Activities	0	OtherActivitiesInd
Total Lobbying Expenditures	$249,140	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	STEVENS INSTITUTE OF TECHNOLOGY HIRED VARIOUS OUTSIDE CONSULTANTS TO UNDERTAKE LOBBYING ACTIVITIES RELATED TO EDUCATIONAL AND OTHER MISSION-RELATED INITIATIVES ON ITS BEHALF. STAFF PARTICIPATES IN ACTIVITIES SUCH AS MEETING WITH NEW JERSEY AND HOBOKEN ELECTED AND APPOINTED OFFICIALS TO PROMOTE STEVENS AND ITS PRIORITY PROGRAMS AND INITIATIVES SUCH AS CAPITAL PROJECTS, STEM SCHOLARSHIP PROGRAMS FOR UNDERREPRESTED MINORITY STUDENTS, COVID-19 IMPACTS, AND VARIOUS SPECIAL INITIATIVES/NEEDS. IN ADDITION, THEY PROVIDE OVERSIGHT TO OUTSIDE CONSULTANTS AND ARE DIRECTLY ENGAGED IN ACTIVITIES RELATED TO STEVENS' FEDERAL RESEARCH INITIATIVES. BETH MCGRATH, VICE PRESIDENT OF GOVERNMENT AND COMMUNITY RELATIONS AND CHIEF OF STAFF, IS REGISTERED AS A LOBBYIST IN THE STATE OF NEW JERSEY. SHE SPENDS APPROXIMATELY 20% OF HER TIME ON NEW JERSEY-FOCUSED HIGHER EDUCATION AND TECHNOLOGY ISSUES.	ExplanationTxt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

Field	Value	IRS element (for citing)
Assets Included	$45,000	AssetsIncludedAmt

Field	Value	IRS element (for citing)
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Solicited Assets Sale	0	SolicitedAssetsSaleInd
Incl Escrow Custodial Acct Liab	0	InclEscrowCustodialAcctLiabInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$225,010,000	BeginningYearBalanceAmt
Contributions	$5,006,650	ContributionsAmt
Investment Earnings Or Losses	$50,225,185	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,272,013	GrantsOrScholarshipsAmt
Other Expenditures	$4,082,822	OtherExpendituresAmt
End Year Balance	$272,887,000	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$224,304,000	BeginningYearBalanceAmt
Contributions	$2,856,781	ContributionsAmt
Investment Earnings Or Losses	$4,103,638	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$2,523,056	GrantsOrScholarshipsAmt
Other Expenditures	$3,731,363	OtherExpendituresAmt
End Year Balance	$225,010,000	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$206,806,000	BeginningYearBalanceAmt
Contributions	$6,994,156	ContributionsAmt
Investment Earnings Or Losses	$15,638,833	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$2,148,623	GrantsOrScholarshipsAmt
Other Expenditures	$2,986,366	OtherExpendituresAmt
End Year Balance	$224,304,000	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$183,934,000	BeginningYearBalanceAmt
Contributions	$19,393,944	ContributionsAmt
Investment Earnings Or Losses	$9,051,558	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$2,038,014	GrantsOrScholarshipsAmt
Other Expenditures	$3,535,488	OtherExpendituresAmt
End Year Balance	$206,806,000	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$166,024,661	BeginningYearBalanceAmt
Contributions	$9,140,730	ContributionsAmt
Investment Earnings Or Losses	$15,132,869	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$6,364,260	GrantsOrScholarshipsAmt
End Year Balance	$183,934,000	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.08160	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.91840	PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org	Yes (1)	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,691,546	OtherCostOrOtherBasisAmt
Book Value	$1,691,546	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$578,222,248	OtherCostOrOtherBasisAmt
Depreciation	$150,612,931	DepreciationAmt
Book Value	$427,609,317	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$68,363,049	OtherCostOrOtherBasisAmt
Depreciation	$36,360,458	DepreciationAmt
Book Value	$32,002,591	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$21,769,507	OtherCostOrOtherBasisAmt
Depreciation	$15,423,614	DepreciationAmt
Book Value	$6,345,893	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$467,649,347	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (4 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
ALTERNATIVE INVESTMENTS	$27,022,728	F
TRUSTS HELD BY OTHERS	$7,293,178	F
SPLIT INTEREST AGREEMENTS	$3,226,659	F
PRIVATE EQUITY	$40,574,335	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$78,116,900	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDesc	AmtAmt
ACCRUED POST RETIREMENT BENEFIT	$6,451,009
ANNUITIES PAYABLE	$2,030,129
CONDITIONAL ASSET RETIREMENT	$4,707,634
REFUNDABLE ADVANCES	$2,117,667
CAPITAL LEASE OBLIGATION	$4,756,741

Field	Value	IRS element (for citing)
Total Liability	$20,063,180	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART III, LINE 4:	COLLECTIONS OF ART, HISTORICAL TREASURES AND ARCHIVES STEVENS MAINTAINS A COLLECTION OF VARIOUS WORKS OF ART, HISTORICAL TREASURES, ARCHIVES AND OTHER SIMILAR ASSETS THAT ARE ON PUBLIC DISPLAY IN ITS LIBRARY AND OTHER LOCATIONS ON CAMPUS FOR THE ENRICHMENT AND ENJOYMENT OF VISITORS, FACULTY, STAFF AND STUDENTS.
PART V, LINE 4:	ENDOWMENT FUNDS THE UNIVERSITY'S ENDOWMENT FUND IS INTENDED TO SUPPORT SCHOLARSHIPS FOR UNDERGRADUATE AND GRADUATE STUDENTS AND TO PROVIDE FINANCIAL ASSISTANCE FOR PROGRAMS AND SERVICES CONDUCTED BY THE UNIVERSITY.
PART X, LINE 2:	INCOME TAXES THE UNIVERSITY HAS BEEN CLASSIFIED AS AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND, THEREFORE, IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE CODE AND SIMILAR STATE OF NEW JERSEY TAX PROVISIONS. FEDERAL LAW IMPOSES TAX ON INCOME THAT IS NOT RELATED TO AN ORGANIZATION'S TAX-EXEMPT PURPOSES OR OTHERWISE EXCLUDED UNDER THE CODE AS WELL AS AN EXCISE TAX ON CERTAIN EXCESS COMPENSATION. THE UNIVERSITY HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS, TO IDENTIFY AND REPORT UNRELATED INCOME, DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS, AND TO REVIEW OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. MANAGEMENT OF THE UNIVERSITY BELIEVES THERE ARE NO UNCERTAIN TAX POSITIONS.

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
NONDISCRIMINATION POLICY - PART I, LINE 3	STEVENS INSTITUTE OF TECHNOLOGY'S NONDISCRIMINATION POLICY IS AVAILABLE ON THE ADMISSIONS APPLICATION WEBPAGE FOR PROSPECTIVE STUDENTS AND IN THE STUDENT HANDBOOK WHICH IS AVAILABLE ON THE STEVENS WEBSITE AND AVAILABLE TO ALL STUDENTS AT ORIENTATION AND REGISTRATION. THE UNIVERSITY'S BYLAWS ALSO CONTAIN STEVENS' NONDISCRIMINATION POLICY.
GOVERNMENTAL FUNDING PART I, LINE 6A	STEVENS INSTITUTE OF TECHNOLOGY RECEIVES FUNDING FROM VARIOUS GOVERNMENTAL SOURCES INCLUDING, BUT NOT LIMITED TO, PELL, FEDERAL DIRECT LOAN PROGRAMS AND FSEOG. ADDITIONALLY, IN THE CURRENT FISCAL YEAR, THE UNIVERSITY RECEIVED CARES ACT HEERF FUNDING.

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxt	OfficesOfficesCnt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
CENTRAL AMERICA & CARIBBEAN	0	0	INVESTMENTS	$40,044,922
EUROPE	0	0	INVESTMENTS	$23,858,040

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	0	SubtotalEmployeesCnt
Continuation Total Office	0	ContinuationTotalOfficeCnt
Continuation Total Employee	0	ContinuationTotalEmployeeCnt
Total Office	0	TotalOfficeCnt
Total Employee	0	TotalEmployeeCnt
Subtotal Spent	$63,902,962	SubtotalSpentAmt
Continuation Spent	$0	ContinuationSpentAmt
Total Spent	$63,902,962	TotalSpentAmt
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	Yes (1)	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART III ACCOUNTING METHOD:

SCHEDULE F, PART IV

STEVENS INSTITUTE OF TECHNOLOGY INVESTS IN DOMESTIC AND FOREIGN LIMITED PARTNERSHIPS THAT MAY OWN AN INTEREST IN A FOREIGN CORPORATION, PASSIVE FOREIGN INVESTMENT COMPANY OR FOREIGN PARTNERSHIP. TO THE EXTENT THAT THOSE INVESTMENTS RESULTED IN TRANSFERS OF PROPERTY THAT EXCEEDED THE APPLICABLE FILING THRESHOLDS, THE FORMS 926, 5471, 8621 AND 8865 ACCOMPANIED THE FILING OF THE UNIVERSITY'S FORM 990-T. DUE TO COVID-19, THERE WAS NO INTERNATIONAL TRAVEL IN THE FISCAL YEAR ENDED JUNE 30, 2021.

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	Yes (X)	MailSolicitationsInd
Email Solicitations	Yes (X)	EmailSolicitationsInd
Phone Solicitations	Yes (X)	PhoneSolicitationsInd
In Person Solicitations	Yes (X)	InPersonSolicitationsInd
Solicitation Of Non Govt Grants	Yes (X)	SolicitationOfNonGovtGrantsInd
Solicitation Of Govt Grants	Yes (X)	SolicitationOfGovtGrantsInd
Special Fundraising Events	Yes (X)	SpecialFundraisingEventsInd
Agrmt Prof Fundraising Acty	Yes (1)	AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	ActivityActivityTxt	Fundraiser Control Of FundsFundraiserControlOfFundsInd	Gross ReceiptsGrossReceiptsAmt	Retained By ContractorRetainedByContractorAmt	Net To OrganizationNetToOrganizationAmt
EAB GLOBAL INC
1920 EAST PARHAM ROAD	RICHMOND	VA	23228	DIG & DIR. MAIL MKT.	0	$0	$100,415	-$100,415
RUFFALO NOEL LEVITZ LLC
1025 KIRKWOOD PKWY SW	CEDAR RAPIDS	IA	52404	DIG & DIR. MAIL MKT.	0	$0	$7,875	-$7,875
GT MARKETING LTD
51 RAILROAD AVENUE	CLOSTER	NJ	07624	DIR MAIL MKT.	0	$0	$5,713	-$5,713

Field	Value	IRS element (for citing)
Total Retained By Contractors	$114,003	TotalRetainedByContractorsAmt
Total Net To Organization	-$114,003	TotalNetToOrganizationAmt
Licensed States	AL	LicensedStatesCd
Licensed States	AK	LicensedStatesCd
Licensed States	AR	LicensedStatesCd
Licensed States	CA	LicensedStatesCd
Licensed States	CO	LicensedStatesCd
Licensed States	CT	LicensedStatesCd
Licensed States	DC	LicensedStatesCd
Licensed States	FL	LicensedStatesCd
Licensed States	GA	LicensedStatesCd
Licensed States	HI	LicensedStatesCd
Licensed States	IL	LicensedStatesCd
Licensed States	KS	LicensedStatesCd
Licensed States	KY	LicensedStatesCd
Licensed States	ME	LicensedStatesCd
Licensed States	MD	LicensedStatesCd
Licensed States	MA	LicensedStatesCd
Licensed States	MI	LicensedStatesCd
Licensed States	MN	LicensedStatesCd
Licensed States	MS	LicensedStatesCd
Licensed States	MO	LicensedStatesCd
Licensed States	NV	LicensedStatesCd
Licensed States	NH	LicensedStatesCd
Licensed States	NJ	LicensedStatesCd
Licensed States	NM	LicensedStatesCd
Licensed States	NY	LicensedStatesCd
Licensed States	NC	LicensedStatesCd
Licensed States	ND	LicensedStatesCd
Licensed States	OH	LicensedStatesCd
Licensed States	OK	LicensedStatesCd
Licensed States	OR	LicensedStatesCd
Licensed States	PA	LicensedStatesCd
Licensed States	RI	LicensedStatesCd
Licensed States	SC	LicensedStatesCd
Licensed States	TN	LicensedStatesCd
Licensed States	UT	LicensedStatesCd
Licensed States	VA	LicensedStatesCd
Licensed States	WV	LicensedStatesCd
Licensed States	WI	LicensedStatesCd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE G, PART I, LINE 2B, COLUMN (V)	FormAndLineReferenceDesc
Explanation	SCHEDULE G, PART 1, LINE 2A FUNDRAISING ACTIVITIES THE UNIVERSITY UTILIZED OUTSIDE VENDORS FOR DIGITAL AND DIRECT MARKETING SERVICES. IN ADDITION TO THE PROFESSIONAL SERVICE EXPENSES SHOWN IN PART I, THE UNIVERSITY PAID $9,589 FOR POSTAGE EXPENSES.	ExplanationTxt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt
SCHOLARSHIPS AND GRANTS	5698	$100,866,383
PRIZES/AWARDS	695	$1,457,645

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2	FormAndLineReferenceDesc
Explanation	GRANTS AND OTHER ASSISTANCE IN U.S. SCHOLARSHIPS AND GRANTS ARE AWARDED AS FINANCIAL ASSISTANCE TO STUDENTS ATTENDING STEVENS INSTITUTE OF TECHNOLOGY. DISTRIBUTION AND APPLICATION OF FINANCIAL ASSISTANCE ARE BASED ON THE SPECIFIC CRITERIA OF EACH SCHOLARSHIP AND GRANT AND ARE ADMINISTERED CONSISTENT WITH FEDERAL, STATE, AND INSTITUTIONAL STUDENT AID POLICIES. SITUATIONS SUCH AS CHANGES IN FINANCIAL NEED, CHANGES IN FEDERAL AID ELIGIBILITY, CHANGES IN ENROLLMENT AND RECEIPT OF AID FROM OUTSIDE SOURCES MAY AFFECT A STUDENT'S ELIGIBILITY TO RECEIVE FUNDING. STEVENS' ADMINISTRATION MONITORS THESE SITUATIONS ON AN ON-GOING BASIS AND MAKES ANY APPROPRIATE ADJUSTMENTS.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
First Class Or Charter Travel	Yes (X)	FirstClassOrCharterTravelInd
Travel For Companions	Yes (X)	TravelForCompanionsInd
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
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	Yes (1)	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	Yes (1)	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (27 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
NARIMAN FARVARDIN
PRESIDENT/TRUSTEE	$868,957	$0	$0	$0	$21,863	$0	$28,500	$0	$141	$0	$919,461	$0	$0	$0
CHRISTOPHE PIERRE
PROVOST	$568,843	$0	$0	$0	$0	$0	$28,500	$0	$19,356	$0	$616,699	$0	$0	$0
GREGORY PRASTACOS
DEAN	$438,049	$0	$0	$0	$0	$0	$28,500	$0	$25,541	$0	$492,090	$0	$0	$0
LOUIS J MAYER
VP OF FINANCE/TREASURER, CFO	$429,812	$0	$0	$0	$0	$0	$28,500	$0	$19,356	$0	$477,668	$0	$0	$0
KATHY L SCHULZ
VP & GENERAL COUNSEL/SECRETARY	$441,579	$0	$0	$0	$0	$0	$25,650	$0	$8,546	$0	$475,775	$0	$0	$0
EDWARD STUKANE
VP FOR COMM/MKT TO 11/6/20	$244,350	$0	$0	$0	$167,465	$0	$22,816	$0	$23,401	$0	$458,032	$0	$0	$0
CONSTANTIN CHASSAPIS
VICE PROVOST	$389,862	$0	$0	$0	$0	$0	$28,500	$0	$19,356	$0	$437,718	$0	$0	$0
DINESH VERMA
PROFESSOR/EXEC DIR	$359,460	$0	$0	$0	$0	$0	$25,650	$0	$25,541	$0	$410,651	$0	$0	$0
GEORGE KORFIATIS
PROFESSOR	$361,993	$0	$0	$0	$0	$0	$28,500	$0	$19,357	$0	$409,850	$0	$0	$0
DAVID ZENG
VICE PROVOST	$340,454	$0	$0	$0	$8,098	$0	$25,650	$0	$25,541	$0	$399,743	$0	$0	$0
JEAN ZU
DEAN	$349,053	$0	$0	$0	$0	$0	$25,650	$0	$8,546	$0	$383,249	$0	$0	$0
DILHAN KALYON
VICE PROVOST	$332,028	$0	$0	$0	$0	$0	$28,500	$0	$19,357	$0	$379,885	$0	$0	$0
ROBERT MAFFIA
VP FOR FACILITIES/OPERATIONS	$296,063	$0	$0	$0	$26,740	$0	$28,500	$0	$25,541	$0	$376,844	$0	$0	$0
YEHIA MASSOUD
DEAN TO 6/30/21	$319,108	$0	$0	$0	$0	$0	$25,650	$0	$25,541	$0	$370,299	$0	$0	$0
MARYBETH MURPHY
VP FOR ENROLLMENT/STU AFF TO 6/30/21	$316,263	$0	$0	$0	$0	$0	$28,500	$0	$8,546	$0	$353,309	$0	$0	$0
ELISABETH MCGRATH
VP FOR UNIV RELATIONS	$321,084	$0	$0	$0	$0	$0	$26,878	$0	$141	$0	$348,103	$0	$0	$0
DAVID DODD
FORMER KEY EMPLOYEE	$100,000	$0	$0	$0	$227,032	$0	$0	$0	$0	$0	$327,032	$0	$0	$0
ANTHONY BARRESE
FORMER KEY EMPLOYEE	$259,606	$0	$0	$0	$0	$0	$27,000	$0	$19,357	$0	$305,963	$0	$0	$0
WARREN PETTY
VP FOR HUMAN RESOURCES	$257,977	$0	$0	$0	$0	$0	$23,315	$0	$141	$0	$281,433	$0	$0	$0
JOSEPH E CASSIDY
AVP FINANCE/ASST TREAS	$255,549	$0	$0	$0	$0	$0	$23,027	$0	$141	$0	$278,717	$0	$0	$0
ELIZABETH SHELTON
AVP FOR INVST/ASST TREAS TO 12/31/20	$232,448	$0	$0	$0	$100	$0	$19,634	$0	$13,856	$0	$266,038	$0	$0	$0
KEITH G SHEPPARD
FORMER KEY EMPLOYEE	$226,077	$0	$0	$0	$0	$0	$22,963	$0	$8,546	$0	$257,586	$0	$0	$0
LAURA ROSE
VP FOR DEV/ALUM AS OF 5/11/20	$224,534	$0	$0	$0	$0	$0	$18,638	$0	$13,286	$0	$256,458	$0	$0	$0
DAWN DA SILVA
FORMER KEY EMPLOYEE	$193,981	$0	$25,000	$0	$0	$0	$15,592	$0	$141	$0	$234,714	$0	$0	$0
YI GUO
TRUSTEE/PROFESSOR	$201,170	$0	$2,191	$0	$0	$0	$14,958	$0	$8,546	$0	$226,865	$0	$0	$0
MICHAEL PARENTE
INT. VP INFO TECH TO 8/16/20	$198,558	$0	$0	$0	$0	$0	$12,991	$0	$141	$0	$211,690	$0	$0	$0
RAINER MARTINI
TRUSTEE/PROFESSOR AS OF 5/25/21	$185,334	$0	$0	$0	$0	$0	$13,752	$0	$141	$0	$199,227	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 4A	SEVERANCE PAYMENTS: EDWARD STUKANE $139,213 DAVID DODD $227,032
COMPENSATION INFORMATION PART I, LINE 1	THE STEVENS INSTITUTE OF TECHNOLOGY GUIDELINES REGARDING SPOUSAL TRAVEL ARE INCLUDED IN THE STEVENS BUSINESS AND TRAVEL EXPENSE POLICY. EXPENSES INCURRED FOR ACCOMPANYING COMPANIONS/SPOUSES ARE CONSIDERED PERSONAL IN NATURE EXCEPT ON OCCASIONS WHEN ATTENDANCE OF A COMPANION/SPOUSE AT AN EVENT SERVES A BONA FIDE BUSINESS PURPOSE FOR THE UNIVERSITY AND THE PRESENCE OF THE COMPANION/SPOUSE IS ESSENTIAL (NOT JUST BENEFICIAL) TO THE EMPLOYEE BEING ABLE TO CARRY OUT THE BUSINESS PURPOSE FOR THE UNIVERSITY; GIVEN THAT ATTENDANCE IS ESSENTIAL, THIS IS NOT TAXABLE TO THE EMPLOYEE. CAMPUS HOUSING IS PROVIDED FOR THE UNIVERSITY PRESIDENT AND IS USED FOR PROGRAM AND DEVELOPMENT PURPOSES. THE PRESIDENT IS CONTRACTUALLY REQUIRED TO LIVE IN CAMPUS HOUSING AND, THEREFORE, IT IS NOT TAXABLE COMPENSATION TO HIM. THE FOLLOWING KEY EMPLOYEE ALSO RECEIVED A HOUSING ALLOWANCE WHICH IS INCLUDED IN THEIR TAXABLE INCOME: DAVID ZENG, VICE PROVOST. THERE IS ONE INSTANCE IN WHICH A CLUB MEMBERSHIP IS IN THE NAME OF AN INDIVIDUAL DUE TO CLUB IMPOSED MEMBERSHIP RULES. THIS MEMBERSHIP IS SOLELY FOR BUSINESS PURPOSES TO FOSTER RELATIONSHIPS WITHIN THE NEW YORK METROPOLITAN AREA FOR THE UNIVERSITY. PERSONAL SERVICES ARE PROVIDED TO THE PRESIDENT IN THE FORM OF HOUSEKEEPING BY AN EMPLOYEE OF THE PHYSICAL PLANT DEPARTMENT. THE VALUE OF THESE SERVICES IS INCLUDED AS TAXABLE INCOME AND IS DISCLOSED AS PART OF HIS SCHEDULE J PART II, COLUMN B (III), OTHER REPORTABLE COMPENSATION.
INCENTIVE COMPENSATION, PART I, LINE 7	THE STEVENS INCENTIVE COMPENSATION PLAN PROVIDES A MECHANISM TO REWARD FACULTY AND CERTAIN KEY STAFF FOR EXTRAORDINARY PERFORMANCE OVER A PERIOD OF ONE ACADEMIC YEAR WHERE PERMITTED BY LAW. IN CONTRAST TO MERIT-BASED SALARY INCREASES, ANNUAL INCENTIVES DO NOT INCREASE BASE SALARY. INCENTIVE COMPENSATION MAY BE AWARDED UPON A FINDING BY MANAGEMENT THAT AN EMPLOYEE'S WORK HAS BEEN EXTRAORDINARY AND HAS CLEARLY CONTRIBUTED TOWARD THE GOALS AND MISSION OF STEVENS. INCENTIVE COMPENSATION, EVEN IN CASES OF EXTRAORDINARY PERFORMANCE, IS NOT GUARANTEED, AND DECISIONS REGARDING INCENTIVE COMPENSATION WILL BE SUBJECT TO THE BOARD OF TRUSTEES AND OTHERS' DETERMINATIONS AS TO THE FINANCIAL RESULTS OF THE UNIVERSITY AND OTHER FACTORS NOT SPECIFIED IN THE PLAN. INCENTIVE COMPENSATION FOR FACULTY AND STAFF ARE RECOMMENDED BY MANAGERIAL STAFF, ARE APPROVED BY THE PRESIDENT AND ARE WITHIN PARAMETERS ESTABLISHED BY THE BOARD OF TRUSTEES. INCENTIVE COMPENSATION FOR EXECUTIVE LEADERS IS RECOMMENDED BY THE HUMAN RESOURCES COMMITTEE OF THE BOARD OF TRUSTEES AND APPROVED BY THE HUMAN RESOURCES COMMITTEE OR FULL BOARD OF TRUSTEES AS PART OF ITS CONSIDERATION OF THE PRESIDENT, THE TOP FIVE HIGHEST COMPENSATED EMPLOYEES, AND OTHER DISQUALIFIED PERSONS LISTED IN SCHEDULE O. EACH YEAR, THE HUMAN RESOURCES COMMITTEE APPROVES THE ANNUAL PERFORMANCE GOALS FOR THE EXECUTIVE LEADERS AND REVIEWS WITH THE PRESIDENT THE PROCESS FOR DETERMINING THEM FOR EACH OTHER GROUP OR SUB-GROUP OF EMPLOYEES. DUE TO THE EXTRAORDINARY CHALLENGES OF COVID-19 PANDEMIC, INCENTIVE COMPENSATION WAS AWARDED IN ONLY RARE INSTANCES THIS FISCAL YEAR.
COMPENSATION INFORMATION, PART II LINE 4	PART II, LINE 4 CONTAINS INFORMATION ABOUT THE COMPENSATION OF THE UNIVERSITY'S PRESIDENT, DR. NARIMAN FARVARDIN, PAID DURING THE YEAR. ALL AMOUNTS WERE PAID PURSUANT TO THE PRESIDENT'S WRITTEN FIVE-YEAR CONTRACT; HIS ANNUAL BASE SALARY FOR 2020 IS $868,957.

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
NJ EDU FAC AUTH STEVENS ISSUE 2020 SERIES A
A	221829511	6460666L9	2020-03-11	$209,648,096	NEW CONSTRUCTION & RENOVATION	0	0	0
NJ EDU FAC AUTH STEVENS ISSUE 2017 SERIES A
B	221829511	646066M31	2017-04-04	$132,589,361	1998 & 2007 REFUND/CAP. PROJ.	0	0	0
NJ EDU FAC AUTH CAPITAL IMP SERIES 2016B
C	221829511	646066F54	2016-12-20	$30,676,062	FINANCING NEW CONSTRUCTION	0	0	Yes (1)
NJ EDU FAC AUTH ELF ISSUE SERIES 2014B
D	221829511	6460658J4	2014-01-30	$8,131,497	FINANCE IT INFRASTRUCTURE	0	0	Yes (1)

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCd	Total ProceedsTotalProceedsAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	UnspentUnspentAmt	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd	RetiredRetiredAmt	Other Spent ProceedsOtherSpentProceedsAmt	Substantial CompletionSubstantialCompletionYr
A	$209,648,096	$1,000,262	$186,094,619	$22,553,215	0	0	0
B	$132,589,361	$911,558	$76,000,000		Yes (1)	Yes (1)	Yes (1)	$7,785,000	$55,677,803	2021
C	$17,575,574	$141,074	$17,434,500		0	Yes (1)	Yes (1)	$1,044,196		2018
D	$4,500,000	$30,311	$4,469,689		0	Yes (1)	Yes (1)	$787,628		2017

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Engage Bond Counsel ContractsEngageBondCounselContractsInd	Any Research AgreementsAnyResearchAgreementsInd	Engage Bond Counsel ResearchEngageBondCounselResearchInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	Yes (1)	Yes (1)	Yes (1)	Yes (1)	Yes (1)
B	Yes (1)	Yes (1)	Yes (1)	Yes (1)	Yes (1)
C	0		0		Yes (1)
D	Yes (1)	Yes (1)	Yes (1)	Yes (1)	Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCd	Rebate Not Due YetRebateNotDueYetInd	No Rebate DueNoRebateDueInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A	Yes (1)	0	Yes (1)
B	0	Yes (1)	Yes (1)
C	Yes (1)	0	Yes (1)
D	0	Yes (1)	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 (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE K, PART I, BOND ISSUES	1. NJ EDU FAC AUTH STEVENS ISSUE 2020 SERIES A: THESE BONDS WERE ISSUED IN THE PAR AMOUNT OF $174,315,000 TO FINANCE: (A) THE CONSTRUCTION, RENOVATION AND EQUIPPING OF THE NEW STUDENT HOUSING AND UNIVERSITY CENTER; (B) FINANCE CAPITAL PROJECTS FOR CONSTRUCTION, RENOVATION, EXPANSION AND EQUIPPING OF CERTAIN ADDITIONAL UNIVERSITY RESEARCH AND EDUCATION BUILDINGS; AND (C) FUND CAPITALIZED INTEREST FOR THE 2020 SERIES A BONDS. TOTAL PROCEEDS OF THE ISSUANCE WERE $209,648,096 OF WHICH $38,600,000 WERE USED TO REPAY A LINE OF CREDIT USED FOR CAPITAL EXPENDITURES PRIOR TO THE COMPLETION OF THE ISSUANCE. THE UNIVERSITY GRANTED A PLEDGE OF AND LIEN ON TUITION AS SECURITY FOR THIS LOAN. 2. NJ EDU FAC AUTH STEVENS ISSUE 2017 SERIES A: THESE BONDS WERE ISSUED IN THE PAR AMOUNT OF $132,589,361 FOR REFUNDING AND LEGAL DEFEASANCE OF THE 1998 SERIES I AND 2007 SERIES A BONDS AND TO FINANCE: (A) THE CONSTRUCTION, RENOVATION AND EQUIPPING OF THE NEW RESEARCH AND ACADEMIC BUILDINGS COMPRISING THE ACADEMIC GATEWAY COMPLEX; (B) THE CONSTRUCTION, RENOVATION AND EXPANSION OF THE EXISTING BABBIO GARAGE; (C) THE CONSTRUCTION, RENOVATION, EXPANSION AND EQUIPPING OF CERTAIN ADDITIONAL FACILITIES AT THE UNIVERSITY FOR RESEARCH AND EDUCATION; (D) PRECONSTRUCTION COSTS RELATED TO A PROPOSED COMBINED STUDENT RESIDENCE AND UNIVERSITY FACILITY. 3. NJ EDU FAC AUTH CAPITAL IMP SERIES 2016B: THESE BONDS WERE ISSUED PURSUANT TO A LEGISLATIVELY CREATED STATE-BACKED PROGRAM TO FINANCE CAPITAL IMPROVEMENTS FOR NEW JERSEY COLLEGES AND UNIVERSITIES. THE BONDS ARE REPAYABLE IN PART BY STATE APPROPRIATIONS. NJEFA BOND PROCEEDS OF $142,715,000 WERE RECEIVED FROM A SINGLE ISSUANCE WHICH WAS GRANTED IN VARYING AMOUNTS TO COLLEGES LOCATED IN NEW JERSEY. STEVENS RECEIVED A TOTAL OF $17,434,500 WHICH REQUIRES THAT THE UNIVERSITY PAY ONE HALF (50%) OF THE DEBT SERVICE OF THE UNDERLYING BONDS. THE $17,434,500 IS TO BE USED TO FINANCE A PORTION OF THE CONSTRUCTION OF THE ACADEMIC GATEWAY COMPLEX. STEVENS PRINCIPAL PORTION IS $8,522,585 AND IS RECORDED ON THE BOOKS AS LONG TERM DEBT, PAYABLE OVER 20 YEARS. SCHEDULE K, PART II, LINE 1 AMOUNT OF BONDS RETIRED IS A RESULT OF PRINCIPAL PAYMENTS BY THE UNIVERSITY PURSUANT TO AGREEMENTS WITH THE AUTHORITY. 4. NJ EDU FAC AUTH ELF ISSUE, SERIES 2014B: THESE BONDS WERE ISSUED PURSUANT TO A LEGISLATIVELY CREATED STATE-BACKED PROGRAM, HIGHER EDUCATION EQUIPMENT LEASING FUND, TO FINANCE CAPITAL IMPROVEMENTS FOR NEW JERSEY COLLEGES AND UNIVERSITIES. THE BONDS ARE REPAYABLE IN PART BY STATE APPROPRIATIONS. BOND PROCEEDS OF $8,131,497 WERE RECEIVED FROM A SINGLE ISSUANCE WHICH WAS GRANTED IN VARYING AMOUNTS TO 6 OF THE PRIVATE COLLEGES LOCATED IN NEW JERSEY. THE UNIVERSITY ENTERED INTO LEASE AGREEMENTS WITH NJEFA FOR A TOTAL OF $4,500,000 WHICH REQUIRES THAT THE UNIVERSITY PAY ONE FOURTH (25%) OF DEBT SERVICE OF THE UNDERLYING BONDS. SCHEDULE K, PART II, LINE 1 AMOUNT OF BONDS RETIRED IS A RESULT OF PRINCIPAL PAYMENTS OF THE DEBT SERVICE OF THE UNDERLYING BOND BY THE UNIVERSITY PURSUANT TO AGREEMENTS WITH THE AUTHORITY.
SCHEDULE K, PART III, PRIVATE BUSINESS USE, LINES 4 & 5	THE UNIVERSITY HAS SERVICE CONTRACTS AND RESEARCH AGREEMENTS THAT MAY RESULT IN PRIVATE BUSINESS USE. THESE AMOUNTS WERE DETERMINED TO BE WITHIN THE PERMITTED LEVELS OVER THE LIFE OF EACH BOND, THEREFORE, A PERCENTAGE WAS NOT DISCLOSED. ADDITIONALLY, THE UNIVERSITY HAS RETAINED KPMG TO CONSULT AND ADVISE ON THE CURRENT PRIVATE BUSINESS USE; THIS REVIEW SHOULD BE COMPLETED FOR THE FISCAL YEAR ENDED JUNE 30, 2022.
SCHEDULE K, PART IV, ARBITRAGE REBATE, LINE 2C	AN ARBITRAGE REBATE AND YIELD RESTRICTION ANALYSIS WAS PERFORMED BY BLX FOR NJ EDU FAC AUTH STEVENS ISSUE 2017 SERIES A FOR THE PERIOD FROM APRIL 4, 2017 THROUGH JUNE 30, 2021. BASED UPON THE REPORT NO PAYMENT IS DUE. NJ EDU FAC AUTH ELF ISSUE, SERIES 2014B ALL BOND PROCEEDS WERE EXPENDED IN 2017 ON CAPITAL PROJECTS AND NO PROCEEDS REMAIN AS OF 2017 TO GENERATE ANY ARBITRAGE. THE UNIVERSITY PERFORMED ITS OWN INTERNAL REVIEW AND NO REBATE IS DUE.

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	25	ContributionCnt
Noncash Contributions Rpt F990	$730,988	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	MISC EQUIP.	Desc
Contribution	2	ContributionCnt
Noncash Contributions Rpt F990	$52,500	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (1)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	Yes (1)	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE M, LINE 9	FormAndLineReferenceDesc
Explanation	NON-CASH CONTRIBUTIONS TO THE EXTENT THAT THE UNIVERSITY RECEIVES CONTRIBUTIONS OF SECURITIES, THE UNIVERSITY'S INVESTMENT BROKERAGE BANK IS TASKED WITH PROMPTLY SELLING THOSE SECURITIES. SCHEDULE M, LINE 32 THE UNIVERSITY USES VARIOUS GALLERIES TO FACILITATE THE SALE OF ART. THE UNIVERSITY IS REPORTING IN PART I, COLUMN B, THE NUMBER OF ITEMS RECEIVED.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, ITEM C, NAME OF ORGANIZATION	THE FULL LEGAL NAME OF THE UNIVERSITY IS THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY. STEVENS INSTITUTE OF TECHNOLOGY IS REGISTERED IN THE STATE OF NEW JERSEY AS A "DOING BUSINESS NAME". COVID-19 IMPACT THE CONTINUED SPREAD OF THE CORONAVIRUS (COVID-19) AROUND THE WORLD DURING 2021 HAS CAUSED SIGNIFICANT VOLATILITY IN THE U.S. AND INTERNATIONAL MARKETS. WHILE THE UNIVERSITY DID EXPERIENCE A LOSS OF AUXILIARY REVENUE DUE TO THE LIMITED NUMBER OF STUDENTS ON CAMPUS DURING THE FISCAL YEAR ENDED JUNE 30, 2021, THE EFFECT WAS NOT MATERIAL SINCE CLASSES CONTINUED REMOTELY, EXPENSES WERE REDUCED, AND GOVERNMENT GRANTS PROVIDED RELIEF FOR STUDENT AND COVID-19 RELATED EXPENSES. THERE IS, HOWEVER, UNCERTAINTY AROUND THE BREADTH AND DURATION OF BUSINESS DISRUPTIONS RELATED TO COVID-19, AS WELL AS ITS IMPACT ON THE U.S. AND INTERNATIONAL ECONOMIES AND, AS SUCH, WHILE IT MAY HAVE AN IMPACT ON THE LATTER PART OF FISCAL 2022 OPERATIONS, IT IS NOT EXPECTED TO BE MATERIAL.
ORGANIZATION'S MISSION	STEVENS INSTITUTE OF TECHNOLOGY WAS FOUNDED IN 1870. THE UNIVERSITY IS A NON-PROFIT RESEARCH UNIVERSITY OFFERING MORE THAN 30 UNDERGRADUATE MAJORS INCLUDING PROGRAMS IN ENGINEERING, THE SCIENCES, COMPUTER SCIENCE, BUSINESS, AND THE HUMANITIES; AND GRADUATE LEVEL COURSES IN A RANGE OF DISCIPLINES LEADING TO THE MASTERS AND PHD DEGREES. ACADEMIC RESEARCH IS CARRIED OUT AT EVERY LEVEL OF THE UNIVERSITY. THE MISSION OF THE UNIVERSITY IS ACCOMPLISHED BY THE ACHIEVEMENT OF THE FOLLOWING CORE GOALS: PROVIDING STUDENTS WITH A BROAD-BASED, MULTIDISCIPLINARY LEARNING EXPERIENCE IN THE SCIENCES, ENGINEERING, BUSINESS AND LIBERAL ARTS WHILE STRESSING THE FUNDAMENTAL CONCEPTS, TECHNIQUES AND ATTITUDES THAT UNDERLIE DIFFERENT BRANCHES OF TECHNOLOGY; PROMOTING THE PERSONAL DEVELOPMENT OF THE STUDENT, DEMONSTRATED BY A SENSE OF ETHICAL RESPONSIBILITY, AWARENESS OF THE SOCIETAL IMPACT OF THEIR PROFESSIONS, DEVELOPMENT OF LEADERSHIP AND TEAM SKILLS, AND A LOVE OF LEARNING; CREATING KNOWLEDGE THROUGH WORLD-CLASS RESEARCH WITH A DISTINCT IMPACT IN FOCUSED AREAS OF NATIONAL IMPORTANCE; NURTURING AN INNOVATIVE ENVIRONMENT WHEREIN STUDENTS, FACULTY AND COLLEAGUES IN INDUSTRY CONTRIBUTE TO THE PROCESS OF CONCEPTION, DESIGN AND MARKETPLACE REALIZATION OF NEW TECHNOLOGIES.
FORM 990, PART VI, SECTION A, LINE 2	FAMILY RELATIONSHIP TWO OF STEVENS' TRUSTEES ARE RELATED BY MARRIAGE. TRUSTEE KAREN CAROLONZA IS THE STEP-DAUGHTER-IN-LAW OF TRUSTEE FRANK SEMCER. ALL SUCH RELATIONSHIPS ARE DISCLOSED AS PART OF STEVENS' ANNUAL CONFLICT OF INTEREST DISCLOSURE PROCESS AND REPORTED TO THE AUDIT AND RISK COMMITTEE AND TO THE BOARD OF TRUSTEES. MITIGATION EFFORTS WILL BE EMPLOYED BY THE SECRETARY TO THE BOARD AND THE CHAIRMAN OF THE BOARD, IF NEEDED, TO AVOID ANY IMPACT ON STEVENS RELATING TO THESE RELATIONSHIPS.
FORM 990, PART VI, SECTION A, LINE 3	GOVERNING BODY AND MANANGEMENT STEVENS' BOARD OF TRUSTEES DELEGATED TO A PROMINENT INVESTMENT BANK THE MANAGEMENT OF STEVENS' ENDOWMENT PURSUANT TO CONTRACTS WHICH ADDRESS THE SCOPE OF THE DELEGATION OF AUTHORITY, MONITORING BY STEVENS' MANAGEMENT AND THE BOARD, AND REPORTING, AMONG OTHER MATTERS. PURSUANT TO THE BY-LAWS OF THE UNIVERSITY AND THE CHARTER OF THE EXECUTIVE COMMITTEE, THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES IN CERTAIN INSTANCES.
FORM 990, PART VI, SECTION A, LINE 4	GOVERNING DOCUMENTS THE BYLAWS OF THE UNIVERSITY WERE AMENDED AND RESTATED ON MAY 25, 2021 TO (I) CHANGE THE NUMBER OF DAYS ON WHICH A SPECIAL MEETING MAY BE CALLED TO 3 DAYS AND (II) MAKE THE POSITION OF VICE CHAIR OPTIONAL WITH A MECHANISM FOR THE CHAIR OF THE GOVERNANCE COMMITTEE TO SERVE AS CHAIR IN THE EVENT OF THE UNEXPECTED INCAPACITY OF THE CHAIR.
FORM 990, PART VI, SECTION B, LINE 11B	FORM 990 REVIEW THIS FORM 990 WAS PREPARED BY MEMBERS OF THE FINANCE AND LEGAL OFFICES OF THE UNIVERSITY TOGETHER WITH ITS OUTSIDE TAX AND ACCOUNTING FIRM SPECIALIZING IN HIGHER EDUCATION. THIS FORM 990 WAS THEN PRESENTED TO THE AUDIT AND RISK COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL FOLLOWING THIS PROCESS AND ANY MODIFICATIONS RECOMMENDED BY THE AUDIT AND RISK COMMITTEE, THE FORM 990 WAS PRESENTED TO A MEETING OF THE FULL BOARD OF TRUSTEES OF THE UNIVERSITY AND APPROVED IN ACCORDANCE WITH THE BY-LAWS OF THE UNIVERSITY.
FORM 990, PART VI, SECTION B, LINE 12C	CONFLICT OF INTEREST THE UNIVERSITY'S CONFLICT OF INTEREST POLICY REQUIRES ONGOING COMPLIANCE AND SELF-REPORTING OF CONFLICTS. IT ALSO PROVIDES FOR COMPLETION OF AN ANNUAL DISCLOSURE FORM BY ALL TRUSTEES, OFFICERS, CERTAIN STAFF POSITIONS AND FACULTY. EACH DISCLOSURE FORM IS REVIEWED BY THE OFFICE OF AUDIT, RISK AND COMPLIANCE, AND DISCLOSURE FORMS FOR TRUSTEES AND OFFICERS ARE REVIEWED BY THE OFFICE OF GENERAL COUNSEL; ALL CONFLICTS OF INTEREST ARE REPORTED TO THE AUDIT COMMITTEE OF THE BOARD AND TO THE BOARD OF TRUSTEES. INFORMATION DISCLOSED IN THE DISCLOSURE FORMS WHICH INDICATES THE PRESENCE OF A CONFLICT IS REVIEWED, DISCUSSED WITH RELEVANT PERSONNEL AND, IF NECESSARY, THE CONFLICT IS ELIMINATED OR MANAGED PURSUANT TO A CONFLICT MANAGEMENT PLAN OR DEVICE SUPERVISED BY THE CHAIR OF THE BOARD OF TRUSTEES OR THE CHAIR OF THE AUDIT COMMITTEE, WITH ADVICE FROM THE OFFICE OF AUDIT, RISK AND COMPLIANCE AND THE GENERAL COUNSEL. IN ADDITION, CONFLICTS ARE IDENTIFIED BY THE OFFICERS OF THE UNIVERSITY AND STAFF AT OTHER LEVELS OF THE UNIVERSITY AS THEY ARISE FROM TIME TO TIME AND ARE REFERRED TO THE OFFICE OF AUDIT, RISK AND COMPLIANCE AND THE GENERAL COUNSEL FOR FURTHER ANALYSIS AND RESOLUTION. CERTAIN CONFLICTS RELATING TO RESEARCH ACTIVITIES MAY BE MANAGED BY THE DIRECTOR OF THE OFFICE OF SPONSORED PROGRAMS, WITH ADVICE FROM THE OFFICE OF AUDIT, RISK AND COMPLIANCE AND THE GENERAL COUNSEL.
FORM 990, PART VI, SECTION B, LINE 15	COMPENSATION THE COMPENSATION OF THE PRESIDENT AND FIVE HIGHEST COMPENSATED EMPLOYEES OF THE UNIVERSITY WAS APPROVED BY AN INDEPENDENT HUMAN RESOURCES COMMITTEE OF THE BOARD OF TRUSTEES AND THE FULL BOARD OF TRUSTEES, IN EACH CASE ACTING AT MEETINGS DULY HELD. IN ADDITION TO APPROVING THE PRESIDENT'S COMPENSATION FOR CALENDAR YEAR 2020, THE COMPENSATION FOR THE FOLLOWING 5 ADDITIONAL POSITIONS WERE APPROVED: PROVOST AND UNIVERSITY VICE PRESIDENT CHIEF FINANCIAL OFFICER, VICE PRESIDENT FOR FINANCE AND TREASURER DEAN OF ENGINEERING AND SCIENCE VICE PRESIDENT, GENERAL COUNSEL AND SECRETARY DEAN OF SCHOOL OF BUSINESS WITH RESPECT TO THE FOLLOWING ADDITIONAL POSITIONS, THE HUMAN RESOURCES COMMITTEE OF THE BOARD OF TRUSTEES, ACTING ON BEHALF OF THE BOARD OF TRUSTEES, APPROVED THE COMPENSATION AT DULY HELD MEETINGS OF THE COMMITTEE. THE BOARD WAS FULLY INFORMED OF THE COMMITTEE'S ACTIONS: VICE PRESIDENT FOR DEVELOPMENT AND ALUMNI ENGAGEMENT VICE PRESIDENT FOR FACILITIES AND CAMPUS OPERATIONS VICE PRESIDENT FOR ENROLLMENT MANAGEMENT AND STUDENT AFFAIRS VICE PRESIDENT FOR INFORMATION TECHNOLOGY AND CIO VICE PRESIDENT FOR COMMUNICATIONS AND MARKETING VICE PRESIDENT FOR HUMAN RESOURCES VICE PRESIDENT FOR GOVERNMENT AND COMMUNITY RELATIONS, CHIEF OF STAFF FACULTY TRUSTEE (2) ALL SUCH COMPENSATION WAS DETERMINED BASED UPON RECOMMENDATIONS FROM THE PRESIDENT (EXCEPT WITH RESPECT TO THE PRESIDENT, WHOSE COMPENSATION IS RECOMMENDED BY THE BOARD OF TRUSTEES, AND THE DEANS AND FACULTY, WHOSE COMPENSATION IS RECOMMENDED BY THE PROVOST). THE UNIVERSITY RETAINS THE SERVICES OF A NATIONALLY PROMINENT COMPENSATION CONSULTING FIRM TO PERFORM A BIENNIAL COMPREHENSIVE COMPENSATION ASSESSMENT OF THE SALARIES OF ALL MEMBERS OF THE SENIOR ADMINISTRATION, INCLUDING THE PRESIDENT. THIS STUDY INCLUDES A COMPARISON OF THE UNIVERSITY'S SALARIES WITH A CORE GROUP OF PEER INSTITUTIONS. THE RESULTS OF THE STUDY ARE REVIEWED AND DISCUSSED ANNUALLY WITH THE BOARD'S HUMAN RESOURCES COMMITTEE AND THE BOARD OF TRUSTEES, AS THOSE BODIES APPROVE EXECUTIVE COMPENSATION. THE SECRETARY TO THE BOARD OF TRUSTEES OR THE VICE PRESIDENT OF HUMAN RESOURCES TOOK CONTEMPORANEOUS MINUTES OF EACH MEETING OF THE BOARD AT WHICH THESE COMPENSATION DECISIONS WERE MADE. NEITHER OF THEM TOOK MINUTES WITH RESPECT TO THEIR OWN COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19	DISCLOSURE THE GOVERNING DOCUMENTS OF THE UNIVERSITY TOGETHER WITH CHARTERS FOR EACH COMMITTEE OF THE BOARD OF TRUSTEES, THE CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS OF THE UNIVERSITY ARE ALL MADE AVAILABLE ON THE UNIVERSITY'S WEBSITE (WWW.STEVENS.EDU). IN ADDITION, A VARIETY OF OTHER DOCUMENTS AND MATERIALS REGARDING THE UNIVERSITY AND ITS OPERATIONS AS WELL AS THE OTHER POLICIES OF THE UNIVERSITY, ARE ALSO AVAILABLE ON THE WEBSITE.
FORM 990, PART X - INVESTMENTS - PUBLICLY TRADED SECURITIES	EQUITY 192,467,123 FIXED INCOME 5,470,562 TOTAL 197,937,685
FORM 990, PART XI, LINE 9:	POST-RETIREMENT BENEFIT CHANGES -318,010. UNCOLLECTIBLE CONTRIBUTIONS -123,627. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 888,820. LOSS IN VALUE OF ANNUITIES AND GIFTS -3,613. MISCELLANEOUS LOSS -1,234.

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Entity TypeEntityTypeTxt	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	OwnershipOwnershipPct	Controlled OrganizationControlledOrganizationInd	Direct Controlling NADirectControllingNACd
CASTLE POINT HOLDINGS INC
ONE CASTLE POINT ON HUDSON	HOBOKEN	NJ	07030	204264786	HOLDING COMPANY - SEE PART VII	NJ	STEVENS INSTITUTE OF TECHNOLOGY	C	-$59,382	$416,105	1.00000	Yes (1)
CHARITABLE REMAINDER TRUST (1)
					TRUST	OH		T				Yes (1)	N/A
CHARITABLE REMAINDER UNITRUST (5)
					TRUST	NJ		T				Yes (1)	N/A

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	Yes (1)	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	Yes (1)	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	Yes (1)	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE R, PART IV, COLUMN (C)	CASTLE POINT HOLDINGS, INC., LISTED ON SCHEDULE R, PART IV, IS A HOLDING COMPANY WITH A MINORITY INTEREST IN INACTIVE SUBSIDIARIES.
SCHEDULE R, PART IV, COLUMN (C)	THE CHARITABLE REMAINDER UNITRUSTS LISTED ON PART IV, LINE 2 HAVE THE FOLLOWING LEGAL DOMICILES: MD NJ (2) NC PA