ELON UNIVERSITY: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: ELON UNIVERSITY (EIN 56-0532303)
Tax period: 2019-06-01 to 2020-05-31
Filed: 2021-04-13
IRS object ID: 202101039349300305
Schema version: 2019v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule K
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-04-13T08:00:31-05:00	ReturnTs
Tax Period End	2020-05-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	560532303	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	ELON UNIVERSITY	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

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

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2019-06-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	560532303	EIN

Business Name BusinessName

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

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

US Address USAddress

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

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Susan Kirkland	PersonNm
Person Title	Asso. V.P. for Bus. and Finance	PersonTitleTxt
Signature	2021-04-13	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	ELON UNIVERSITY	PreparerPersonNm
Phone	3362785260	PhoneNum
Preparation	2021-04-08	PreparationDt
Self Employed	Yes (X)	SelfEmployedInd

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Address Change	Yes (X)	AddressChangeInd

Principal Ofcr Business Name PrincipalOfcrBusinessName

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

US Address USAddress

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

Field	Value	IRS element (for citing)
Gross Receipts	$386,177,041	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	www.ELON.edu	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1889	FormationYr
Legal Domicile State	NC	LegalDomicileStateCd
Activity Or Mission	ELON UNIVERSITY'S MISSION IS TO TRANSFORM THE MIND, BODY, AND SPIRIT AND ENCOURAGE FREEDOM OF THOUGHT AND LIBERTY OF CONSCIENCE. THE UNIVERSITY PROVIDES A LIBERAL ARTS UNDERGRADUATE CURRICULUM AND GRADUATE PROGRAMS.	ActivityOrMissionDesc
Voting Members Governing Body	38	VotingMembersGoverningBodyCnt
Voting Members Independent	37	VotingMembersIndependentCnt
Total Employee	4787	TotalEmployeeCnt
Total Volunteers	2646	TotalVolunteersCnt
Total Gross UBI	$1,491,821	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$1,339,577	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$25,814,838	PYContributionsGrantsAmt
CY Contributions Grants	$19,741,647	CYContributionsGrantsAmt
PY Program Service Revenue	$302,380,511	PYProgramServiceRevenueAmt
CY Program Service Revenue	$302,783,053	CYProgramServiceRevenueAmt
PY Investment Income	$2,353,726	PYInvestmentIncomeAmt
CY Investment Income	$2,089,457	CYInvestmentIncomeAmt
PY Other Revenue	$2,919,135	PYOtherRevenueAmt
CY Other Revenue	$3,839,334	CYOtherRevenueAmt
PY Total Revenue	$333,468,210	PYTotalRevenueAmt
CY Total Revenue	$328,453,491	CYTotalRevenueAmt
PY Grants And Similar Paid	$54,403,368	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$59,253,332	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$142,484,794	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$149,309,871	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$13,029	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$26,671	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$6,782,975	CYTotalFundraisingExpenseAmt
PY Other Expenses	$113,889,104	PYOtherExpensesAmt
CY Other Expenses	$106,206,816	CYOtherExpensesAmt
PY Total Expenses	$310,790,295	PYTotalExpensesAmt
CY Total Expenses	$314,796,690	CYTotalExpensesAmt
PY Revenues Less Expenses	$22,677,915	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$13,656,801	CYRevenuesLessExpensesAmt
Total Assets BOY	$901,041,945	TotalAssetsBOYAmt
Total Assets EOY	$893,737,232	TotalAssetsEOYAmt
Total Liabilities BOY	$258,181,904	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$247,461,968	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$642,860,041	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$646,275,264	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	ELON UNIVERSITY'S MISSION IS TO TRANSFORM MIND, BODY, AND SPIRIT AND ENCOURAGE FREEDOM OF THOUGHT AND LIBERTY OF CONSCIENCE. THE UNIVERSITY PROVIDES A LIBERAL ARTS UNDERGRADUATE CURRICULUM AND GRADUATE PROGRAMS.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$175,463,612	ExpenseAmt
Grant	$56,564,846	GrantAmt
Revenue	$259,873,638	RevenueAmt
Desc	INSTRUCTION - EXPENSES RELATED TO PROVIDING THE PRIMARY PURPOSE OF EDUCATION FOR UNDERGRADUATE AND GRADUATE STUDENTS.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$45,943,422	ExpenseAmt
Revenue	$4,152,626	RevenueAmt
Desc	STUDENT SERVICES - EXPENSES RELATED TO THE PRIMARY PURPOSE OF CONTRIBUTING TO STUDENTS' EMOTIONAL AND PHYSICAL WELL-BEING AND INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT. ATHLETICS IS INCLUDED WITHIN THIS DIVISION.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$42,185,933	ExpenseAmt
Grant	$2,688,486	GrantAmt
Revenue	$38,667,432	RevenueAmt
Desc	AUXILIARY SERVICES - EXPENSES RELATED TO THE FUNCTION OF FURNISHING GOODS OR SERVICES TO STUDENTS, FACULTY, OR STAFF. EXAMPLES ARE RESIDENCE HALLS AND FOOD SERVICES.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$10,421,472	ExpenseAmt
Revenue	$3,661,627	RevenueAmt
Desc	ACADEMIC SUPPORT - EXPENSES INCURRED TO PROVIDE SUPPORT SERVICES FOR THE INSTITUTION'S PRIMARY MISSION OF INSTRUCTION, INCLUDING THE LIBRARY, MEDIA SERVICES, AND TECHNOLOGY.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$10,421,472	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue	$3,661,627	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$274,014,439	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	Yes (true)	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (true)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (true)	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (true)	ConsolidatedAuditFinclStmtInd
School Operating	Yes (true)	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	Yes (true)	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	Yes (true)	ProfessionalFundraisingInd
Fundraising Activities	Yes (true)	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	Yes (true)	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (true)	TaxExemptBondsInd
Invest Tax Exempt Bonds	false	InvestTaxExemptBondsInd
Escrow Account	false	EscrowAccountInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	Yes (true)	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (true)	DeductibleNonCashContriInd
Deductible Art Contribution	Yes (true)	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	Yes (true)	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	754	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	4787	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (true)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (true)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	38	GoverningBodyVotingMembersCnt
Independent Voting Member	37	IndependentVotingMemberCnt
Family Or Business Rln	Yes (true)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Jane Deaton	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	3362785260	PhoneNum

US Address USAddress

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

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

Form990 Part VII Section A Form990PartVIISectionAGrp (54 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
A Christine Baker
Trustee	40.0	Yes (X)	$51,915	$0	$15,699
A Michelle Larose
Trustee	1.0	Yes (X)	$0	$0	$0
Allen E Gant Jr
Trustee	1.0	Yes (X)	$0	$0	$0
Anne Ellington Powell
Trustee	1.0	Yes (X)	$0	$0	$0
Caroline Dean
Youth Trustee	1.0	Yes (X)	$0	$0	$0
Charles R Clohan
Trustee	1.0	Yes (X)	$0	$0	$0
Chris P Martin
Trustee	1.0	Yes (X)	$0	$0	$0
Cynthia Citrone
Trustee	1.0	Yes (X)	$0	$0	$0
Dalton L McMichael Jr
Trustee	1.0	Yes (X)	$0	$0	$0
David C Porter
Trustee	1.0	Yes (X)	$0	$0	$0
David King
Trustee	1.0	Yes (X)	$0	$0	$0
Deborah A Yow-Bowden
Trustee	1.0	Yes (X)	$0	$0	$0
Dr William N P Herbert
Trustee	1.0	Yes (X)	$0	$0	$0
Edmond N Moriarty
Vice Chair	1.0	Yes (X)	$0	$0	$0
Edward W Doherty
Chair	1.0	Yes (X)	$0	$0	$0
Eric Sklut
Trustee	1.0	Yes (X)	$0	$0	$0
Howard F Arner
Trustee	1.0	Yes (X)	$0	$0	$0
James A Hendrickson
Trustee	1.0	Yes (X)	$0	$0	$0
Jeanne Swanner Robertson
Trustee	1.0	Yes (X)	$0	$0	$0
John R Hill
Trustee	1.0	Yes (X)	$0	$0	$0
Kebbler McGhee Williams
Secretary	1.0	Yes (X)	$0	$0	$0
Kenneth Brown
Youth Trustee	1.0	Yes (X)	$0	$0	$0
Kerrii Brown Anderson
Past Chair	1.0	Yes (X)	$0	$0	$0
Louis DeJoy
Trustee	1.0	Yes (X)	$0	$0	$0
Mark T Mahaffey
Trustee	1.0	Yes (X)	$0	$0	$0
Maurice N Jennings Jr
Trustee	1.0	Yes (X)	$0	$0	$0
Michele Skeens Hazel
Trustee	1.0	Yes (X)	$0	$0	$0
Noel L Allen
Trustee	1.0	Yes (X)	$0	$0	$0
Richard L Thompson
Trustee	1.0	Yes (X)	$0	$0	$0
Robert B (Bob) Chandler
Trustee	1.0	Yes (X)	$0	$0	$0
Robert E Long Jr
Trustee	1.0	Yes (X)	$0	$0	$0
Rupinder (Rupe) Sidhu
Trustee	1.0	Yes (X)	$0	$0	$0
The Rev Dr Marvin L Morgan
Trustee	1.0	Yes (X)	$0	$0	$0
Victoria Silek Hunt
Trustee	1.0	Yes (X)	$0	$0	$0
W Cecil Worsley
Trustee	1.0	Yes (X)	$0	$0	$0
Wesley R Elinburg
Trustee	1.0	Yes (X)	$0	$0	$0
William H Smith
Trustee	1.0	Yes (X)	$0	$0	$0
William J Inman
Trustee	1.0	Yes (X)	$0	$0	$0
Dr Aswani K Volety
Provost, VP Academic Affairs	40.0		$101,162	$0	$10,973	Yes (X)
Dr Constance L Book
President	40.0		$562,734	$0	$43,226	Yes (X)
Dr Steven House
Exec. Vice President	40.0		$348,250	$0	$37,294	Yes (X)
Gerald Whittington
Sr. VP - Special Asst. to the President	40.0		$434,965	$0	$52,384	Yes (X)
Robert J Shea
Vice Pres.-Bus, Fin & Tech.	40.0		$307,592	$0	$28,753	Yes (X)
David L (Dave) Blank
Director of Athletics	40.0		$306,426	$0	$57,269		Yes (X)
Dr Jonathan C Dooley
Vice Pres of Student Life	40.0		$188,870	$0	$31,080		Yes (X)
James Piatt
Vice Pres - Uni. Advancement	40.0		$313,822	$0	$59,832		Yes (X)
Dr Luke Bierman
Dean-School of Law	40.0		$301,449	$0	$52,883			Yes (X)
Dr Raghuram Tadepalli
Dean-School of Bus.	40.0		$317,597	$0	$40,208			Yes (X)
Mike Schrage
Basketball Coach	40.0		$309,919	$0	$25,656			Yes (X)
Tony Trisciani
Football Coach	40.0		$334,362	$0	$38,000			Yes (X)
Dr Leo Lambert
President Emeritus	40.0		$547,265	$0	$52,229				Yes (X)
DR Paul Parsons
Former Dean-Sch of Communications	40.0		$226,782	$0	$31,076				Yes (X)
Dr Smith Jackson
Former - VP & Dean of Students	40.0		$151,022	$0	$35,500				Yes (X)
Matthew M Matheny
Former Basketball Coach	40.0		$331,348	$0	$11,682				Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$5,135,480	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$623,744	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	211	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (true)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
ARAMARK CORPORATION
PO BOX 7548	PHILADELPHIA	PA	191017548	DINING SERVICES	$23,693,263
THE CHRISTMAN COMPANY
408 S ELM ST	GREENSBORO	NC	27401	CONSTRUCTION	$15,702,486
SAMET CORPORATION
PO BOX 8050	GREENSBORO	NC	27419	CONSTRUCTION	$10,078,835
CIEE
PO BOX 10503	ALBANY	NY	12201	STUDY ABROAD	$4,545,162
DAVIE CONSTRUCTION COMPANY
152 E KINDERTON WAY	ADVANCE	NC	27006	CONSTRUCTION	$3,317,414

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	145	CntrctRcvdGreaterThan100KCnt
Fundraising	$73,995	FundraisingAmt
Government Grants	$4,249,516	GovernmentGrantsAmt
All Other Contributions	$15,418,136	AllOtherContributionsAmt
Noncash Contributions	$5,602,650	NoncashContributionsAmt
Total Contributions	$19,741,647	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION & FEES	900099	$259,873,637	$259,873,637
AUXILIARY SERVICES	900099	$38,756,789	$38,756,789
ATHLETICS	900099	$4,152,627	$4,152,627

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

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

Field	Value	IRS element (for citing)
Total Program Service Revenue	$302,783,053	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,120,539	TotalRevenueColumnAmt
Unrelated Business Revenue	$1,384,866	UnrelatedBusinessRevenueAmt
Exclusion	$735,673	ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

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

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$57,638,747	SecuritiesAmt
Other	$11,260	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$57,607,805	SecuritiesAmt
Other	$73,284	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$30,942	SecuritiesAmt
Other	-$62,024	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$31,082	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$31,082	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$172,438	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$73,995	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$42,461	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$129,977	TotalRevenueColumnAmt
Unrelated Business Revenue	$950	UnrelatedBusinessRevenueAmt
Exclusion	$129,027	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
OTHER REVENUES	900099	$2,505,793	$2,505,793
ATHLETICS ADVERTISING	900099	$106,005		$106,005
ARAMARK CONTRACT	900099	$1,097,559	$1,097,559

Miscellaneous Revenue MiscellaneousRevenueGrp

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

Field	Value	IRS element (for citing)
Other Revenue Total	$3,709,357	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$328,453,491	TotalRevenueColumnAmt
Related Or Exempt Func Income	$306,355,323	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$1,491,821	UnrelatedBusinessRevenueAmt
Exclusion	$864,700	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$59,253,332	TotalAmt
Program Services	$59,253,332	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$2,592,452	TotalAmt
Program Services	$630,826	ProgramServicesAmt
Management And General	$1,396,824	ManagementAndGeneralAmt
Fundraising	$564,802	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$113,855,550	TotalAmt
Program Services	$95,943,153	ProgramServicesAmt
Management And General	$14,475,570	ManagementAndGeneralAmt
Fundraising	$3,436,827	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$7,496,445	TotalAmt
Program Services	$6,290,581	ProgramServicesAmt
Management And General	$1,005,953	ManagementAndGeneralAmt
Fundraising	$199,911	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$16,678,473	TotalAmt
Program Services	$13,642,477	ProgramServicesAmt
Management And General	$2,389,879	ManagementAndGeneralAmt
Fundraising	$646,117	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$8,686,951	TotalAmt
Program Services	$7,210,169	ProgramServicesAmt
Management And General	$1,216,173	ManagementAndGeneralAmt
Fundraising	$260,609	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$7,650	TotalAmt
Program Services	$7,650	ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$1,006,564	TotalAmt
Management And General	$1,006,564	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$235,997	TotalAmt
Management And General	$235,997	ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$26,671	TotalAmt
Fundraising	$26,671	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$1,690,667	TotalAmt
Program Services	$1,549,297	ProgramServicesAmt
Management And General	$141,370	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$21,814,435	TotalAmt
Program Services	$18,866,925	ProgramServicesAmt
Management And General	$2,930,651	ManagementAndGeneralAmt
Fundraising	$16,859	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,091,941	TotalAmt
Program Services	$815,438	ProgramServicesAmt
Management And General	$273,305	ManagementAndGeneralAmt
Fundraising	$3,198	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$5,921,906	TotalAmt
Program Services	$4,475,983	ProgramServicesAmt
Management And General	$1,291,264	ManagementAndGeneralAmt
Fundraising	$154,659	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$2,983,658	TotalAmt
Program Services	$1,898,739	ProgramServicesAmt
Management And General	$1,084,919	ManagementAndGeneralAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$11,377	TotalAmt
Program Services	$3,500	ProgramServicesAmt
Management And General	$7,877	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$11,684,504	TotalAmt
Program Services	$11,476,810	ProgramServicesAmt
Management And General	$207,694	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$23,453,328	TotalAmt
Program Services	$22,254,215	ProgramServicesAmt
Management And General	$658,843	ManagementAndGeneralAmt
Fundraising	$540,270	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$2,023,627	TotalAmt
Program Services	$1,379,815	ProgramServicesAmt
Management And General	$569,990	ManagementAndGeneralAmt
Fundraising	$73,822	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$958,121	TotalAmt
Program Services	$958,121	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$15,410,362	TotalAmt
Program Services	$15,175,035	ProgramServicesAmt
Management And General	$235,327	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$1,985,894	TotalAmt
Program Services	$425,788	ProgramServicesAmt
Management And General	$1,558,276	ManagementAndGeneralAmt
Fundraising	$1,830	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
DEBT SERVICE	$5,622,058	$4,999,049	$623,009
SPECIAL PROJECTS	$3,268,675	$3,254,753	$11,102	$2,820
INTEREST RATE SWAP	$380,053	$380,053
OTHER	$6,655,999	$3,122,730	$2,678,689	$854,580

All Other Expenses AllOtherExpensesGrp

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

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$314,796,690	TotalAmt
Program Services	$274,014,439	ProgramServicesAmt
Management And General	$33,999,276	ManagementAndGeneralAmt
Fundraising	$6,782,975	FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$68,800,925	BOYAmt
EOY	$86,694,761	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$9,674,631	BOYAmt
EOY	$6,462,194	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$3,885,236	BOYAmt
EOY	$4,477,634	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

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

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

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

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$5,240,244	BOYAmt
EOY	$4,830,486	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$630,800,772	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$159,251,043	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$473,703,098	BOYAmt
EOY	$471,549,729	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$71,625,848	BOYAmt
EOY	$57,605,811	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$260,373,381	BOYAmt
EOY	$260,033,521	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$2,536,982	BOYAmt
EOY	$2,082,805	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$5,201,600	BOYAmt
EOY	$291	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$901,041,945	BOYAmt
EOY	$893,737,232	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$29,552,059	BOYAmt
EOY	$20,138,261	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$3,501,562	BOYAmt
EOY	$7,497,764	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$183,423,537	BOYAmt
EOY	$170,068,089	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

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

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$41,704,746	BOYAmt
EOY	$49,757,854	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$258,181,904	BOYAmt
EOY	$247,461,968	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	$451,506,338	BOYAmt
EOY	$464,538,676	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$191,353,703	BOYAmt
EOY	$181,736,588	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$642,860,041	BOYAmt
EOY	$646,275,264	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$901,041,945	BOYAmt
EOY	$893,737,232	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$13,656,801	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$11,943,428	NetUnrlzdGainsLossesInvstAmt
Investment Expense	$1,690,668	InvestmentExpenseAmt
Other Changes In Net Assets	$11,182	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	Yes (true)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (true)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

Field	Value	IRS element (for citing)
Revenues Included	$945,317	RevenuesIncludedAmt
Assets Included	$3,272,849	AssetsIncludedAmt

Field	Value	IRS element (for citing)
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Solicited Assets Sale	false	SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

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

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

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

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$214,224,572	BeginningYearBalanceAmt
Contributions	$3,238,430	ContributionsAmt
Investment Earnings Or Losses	-$5,122,866	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$6,294,114	GrantsOrScholarshipsAmt
Other Expenditures	$2,669,778	OtherExpendituresAmt
Administrative Expenses	$1,286,645	AdministrativeExpensesAmt
End Year Balance	$202,089,599	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.382	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.558	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.06	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	false	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$44,825,499	OtherCostOrOtherBasisAmt
Book Value	$44,825,499	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$480,086,735	OtherCostOrOtherBasisAmt
Depreciation	$106,636,015	DepreciationAmt
Book Value	$373,450,720	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$13,594,018	OtherCostOrOtherBasisAmt
Depreciation	$3,751,151	DepreciationAmt
Book Value	$9,842,867	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$40,788,240	OtherCostOrOtherBasisAmt
Depreciation	$27,812,586	DepreciationAmt
Book Value	$12,975,654	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$51,506,280	OtherCostOrOtherBasisAmt
Depreciation	$21,051,291	DepreciationAmt
Book Value	$30,454,989	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$471,549,729	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (4 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
REAL ESTATE	$22,007,694	F
OUTSIDE PERPETUAL TRUSTS	$3,950,317	F
ALTERNATIVE INVESTMENTS	$233,114,323	F
OTHER	$961,187	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$260,033,521	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)

DescDesc	AmtAmt
OTHER LIABILITIES	$18,222,343
OBLIGATION UNDER CAPITAL LEASE	$10,933,404
OBLIGATION UNDER INTEREST RATE SWAP	$3,650,995
US GOVERNMENT ADVANCES-STUDENT LOANS	$2,262,461
STUDENT DEPOSITS	$13,588,651
NOTE PAYABLLE	$1,100,000

Field	Value	IRS element (for citing)
Total Liability	$49,757,854	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$257,299,193	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$10,252,761	NetUnrealizedGainsInvstAmt
Other Revenue	$42,461	OtherRevenueAmt
Revenue Not Reported	-$10,210,300	RevenueNotReportedAmt
Revenue Subtotal	$267,509,493	RevenueSubtotalAmt
Investment Expenses Not Incld	$1,690,667	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	$59,253,331	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$60,943,998	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$328,453,491	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$253,503,917	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$42,461	OtherExpensesIncludedAmt
Expenses Not Reported	$42,461	ExpensesNotReportedAmt
Expenses Subtotal	$253,461,456	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$1,690,667	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$59,644,567	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$61,335,234	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$314,796,690	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule D, Part III, Line 4 Collections of art - description of collections	THE COLLECTIONS OF ART AND SIMILAR ASSETS ARE USED FOR TEACHING AND RESEARCH BY THE UNIVERSITY'S FACULTY AND STUDENTS. SOME PIECES ARE ON DISPLAY THROUGHOUT THE CAMPUS.
Schedule D, Part V, Line 4 Intended uses of endowment funds	THE UNIVERSITY'S ENDOWMENT CONSISTS OF INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF EDUCATIONAL PURPOSES WHICH INCLUDE THE FUNDING OF SCHOLARSHIPS, PROFESSORSHIPS AND PROGRAM RELATED ACTIVITIES SUCH AS STUDY ABROAD, FACULTY DEVELOPMENT, COMMUNICATIONS STUDIES, LECTURE SERIES, SUPPORT OF SPIRITUAL LIFE, ETC. SCHOLARSHIPS PROVIDED INCLUDE ACADEMIC, ATHLETIC AND NEED BASED SCHOLARSHIPS WHICH ARE AWARDED BY THE OFFICE OF FINANCIAL PLANNING ON AN ANNUAL BASIS. FUNDS PROVIDED FOR PROFESSORSHIPS ARE USED TO FUND SALARY AND OPERATING EXPENSES FOR THE INTENDED AREA OF STUDY. EXTERNAL INVESTMENT MANAGERS ARE EMPLOYED TO OVERSEE THE ENDOWMENT FUNDS. THE BOARD OF TRUSTEES HAVE APPROVED AN ENDOWMENT SPENDING POLICY WHEREBY DISTRIBUTIONS ARE USED TO FUND THE EDUCATIONAL PURPOSES DESCRIBED ABOVE.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote	THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM ACTIVITIES UNRELATED TO ITS BUSINESS PURPOSE. THE UNIVERSITY BELIEVES IT HAS SUFFICIENT JUSTIFICATION FOR ANY TAX POSITIONS TAKEN, INCLUDING ALLOCATION OF EXPENSES TO ITS UNRELATED BUSINESS INCOME AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. GENERALLY, FEDERAL INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICES FOR THREE YEARS AFTER THEY ARE FILED. AS OF THE REPORT DATE (SEPTEMBER 24 , 2020), THE UNIVERSITY'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS (FORM 990-T) FOR 2018, 2017, AND 2016 REMAIN SUBJECT TO SAID EXAMINATION.
Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990	FUNDRAISING EXPENSES - 42461
Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements	TUITIONS DISCOUNT - 59253332 ROUNDING - -1
Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990	FUNDRAISING EXPENSE - 42461
Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements	TUITION DISCOUNT - 59253332 SWAP - 380053 RECONCILING ITEM-SEE PART XI NET ASSETS LINE 9 - 11181 ROUNDING - 1

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (true)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (true)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (true)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (true)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (true)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (true)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (true)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	false	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	false	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	false	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	false	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	false	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	false	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	false	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (true)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	false	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (true)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (3 entries)

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

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (9 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
Central America and the Caribbean	Program Services	STUDY ABROAD	$80,592
East Asia and the Pacific	Program Services	STUDY ABROAD	$514,051
Europe (Including Iceland and Greenland)	Program Services	STUDY ABROAD	$6,907,277
Middle East and North Africa	Program Services	STUDY ABROAD	$38,245
North America (Canada & Mexico only)	Program Services	STUDY ABROAD	$71,559
Russia and Neighboring States	Program Services	STUDY ABROAD	$253
South America	Program Services	STUDY ABROAD	$39,660
South Asia	Program Services	STUDY ABROAD	$40,976
Sub-Saharan Africa	Program Services	STUDY ABROAD	$62,394

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	$7,755,007	SubtotalSpentAmt
Continuation Spent	$0	ContinuationSpentAmt
Total Spent	$7,755,007	TotalSpentAmt
Transfer To Foreign Corp	Yes (true)	TransferToForeignCorpInd
Interest In Foreign Trust	false	InterestInForeignTrustInd
Foreign Corp Ownership	false	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	false	PassiveForeignInvestmestCoInd
Foreign Partnership	false	ForeignPartnershipInd
Boycott Countries	false	BoycottCountriesInd

Schedule G IRS990ScheduleG

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

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MARTS & LUNDY	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	160 CHUBB AVENUE	AddressLine1Txt
City	LUNDHURST	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	07071	ZIPCd

Field	Value	IRS element (for citing)
Activity	CONSULTATION	ActivityTxt
Fundraiser Control Of Funds	false	FundraiserControlOfFundsInd
Gross Receipts	$0	GrossReceiptsAmt
Retained By Contractor	$26,671	RetainedByContractorAmt
Net To Organization	-$26,671	NetToOrganizationAmt

Field	Value	IRS element (for citing)
Total Gross Receipts	$0	TotalGrossReceiptsAmt
Total Retained By Contractors	$26,671	TotalRetainedByContractorsAmt
Total Net To Organization	-$26,671	TotalNetToOrganizationAmt
Licensed States	AL	LicensedStatesCd
Licensed States	AK	LicensedStatesCd
Licensed States	AZ	LicensedStatesCd
Licensed States	AR	LicensedStatesCd
Licensed States	CA	LicensedStatesCd
Licensed States	CO	LicensedStatesCd
Licensed States	CT	LicensedStatesCd
Licensed States	DE	LicensedStatesCd
Licensed States	FL	LicensedStatesCd
Licensed States	GA	LicensedStatesCd
Licensed States	HI	LicensedStatesCd
Licensed States	ID	LicensedStatesCd
Licensed States	IL	LicensedStatesCd
Licensed States	IN	LicensedStatesCd
Licensed States	IA	LicensedStatesCd
Licensed States	KS	LicensedStatesCd
Licensed States	KY	LicensedStatesCd
Licensed States	LA	LicensedStatesCd
Licensed States	ME	LicensedStatesCd
Licensed States	MD	LicensedStatesCd
Licensed States	MA	LicensedStatesCd
Licensed States	MI	LicensedStatesCd
Licensed States	MN	LicensedStatesCd
Licensed States	MS	LicensedStatesCd
Licensed States	MO	LicensedStatesCd
Licensed States	MT	LicensedStatesCd
Licensed States	NE	LicensedStatesCd
Licensed States	NV	LicensedStatesCd
Licensed States	NH	LicensedStatesCd
Licensed States	NJ	LicensedStatesCd
Licensed States	NM	LicensedStatesCd
Licensed States	NY	LicensedStatesCd
Licensed States	NC	LicensedStatesCd
Licensed States	ND	LicensedStatesCd
Licensed States	OH	LicensedStatesCd
Licensed States	OK	LicensedStatesCd
Licensed States	OR	LicensedStatesCd
Licensed States	PA	LicensedStatesCd
Licensed States	RI	LicensedStatesCd
Licensed States	SC	LicensedStatesCd
Licensed States	SD	LicensedStatesCd
Licensed States	TN	LicensedStatesCd
Licensed States	TX	LicensedStatesCd
Licensed States	UT	LicensedStatesCd
Licensed States	VT	LicensedStatesCd
Licensed States	VA	LicensedStatesCd
Licensed States	WA	LicensedStatesCd
Licensed States	WV	LicensedStatesCd
Licensed States	WI	LicensedStatesCd
Licensed States	WY	LicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	NIGHT OF THE PHOENIX	Event1Nm
Gross Receipts Event1	$228,383	GrossReceiptsEvent1Amt
Charitable Contri Event1	$73,995	CharitableContriEvent1Amt
Gross Revenue Event1	$154,388	GrossRevenueEvent1Amt
Cash Prizes Event1	$0	CashPrizesEvent1Amt
Non Cash Prizes Event1	$0	NonCashPrizesEvent1Amt
Rent Facility Costs Event1	$5,098	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$15,600	FoodAndBeverageEvent1Amt
Entertainment Event1	$3,400	EntertainmentEvent1Amt
Other Direct Expenses Event1	$6,370	OtherDirectExpensesEvent1Amt
Event2	GOLF TOURNAMENT	Event2Nm
Gross Receipts Event2	$18,050	GrossReceiptsEvent2Amt
Gross Revenue Event2	$18,050	GrossRevenueEvent2Amt
Food And Beverage Event2	$260	FoodAndBeverageEvent2Amt
Entertainment Event2	$8,808	EntertainmentEvent2Amt
Other Direct Expenses Event2	$2,925	OtherDirectExpensesEvent2Amt
Gross Revenue Other Events	$0	GrossRevenueOtherEventsAmt
Gross Receipts Total	$246,433	GrossReceiptsTotalAmt
Charitable Contributions Tot	$73,995	CharitableContributionsTotAmt
Gross Revenue Total Events	$172,438	GrossRevenueTotalEventsAmt
Cash Prizes Total Events	$0	CashPrizesTotalEventsAmt
Non Cash Prizes Total Events	$0	NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events	$5,098	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$15,860	FoodAndBeverageTotalEventsAmt
Entertainment Total Events	$12,208	EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events	$9,295	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$42,461	DirectExpenseSummaryEventsAmt
Net Income Summary	$129,977	NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule G, Part II, Line 9(a) Night of the Phoenix -Other Direct Expenses	PRINT SERVICES $3,805 , PROMOTIONAL MATERIALS $2,206 , WAGES & BENEFITS $359
Schedule G, Part II, Line 9(b) Golf Tournament	PROMOTIONAL MATERIAL $2,160 , PRINTING $555 AND MISCELLANEOUS $210

Schedule I IRS990ScheduleI

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

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	FINANCIAL AID TO STUDENTS	GrantTypeTxt
Recipient	4986	RecipientCnt
Cash Grant	$59,253,332	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

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

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Idemnification Gross Up Pmts	Yes (X)	IdemnificationGrossUpPmtsInd
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Personal Services	Yes (X)	PersonalServicesInd
Written Policy Ref T And E Expnss	Yes (true)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (true)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	Yes (true)	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	false	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	false	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	false	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	false	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	false	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (15 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Dr Constance L Book
President	$532,862	$0	$0	$0	$29,872	$0	$22,400	$0	$20,826	$0	$605,960	$0	$0	$0
Gerald Whittington
Sr. VP - Special Asst. to the President	$328,197	$0	$0	$0	$106,768	$0	$22,400	$0	$29,984	$0	$487,349	$0	$0	$0
Dr Steven House
Exec. Vice President	$305,775	$0	$0	$0	$42,475	$0	$22,400	$0	$14,894	$0	$385,544	$0	$0	$0
Robert J Shea
Vice Pres.-Bus, Fin & Tech.	$289,248	$0	$0	$0	$18,344	$0	$22,400	$0	$6,353	$0	$336,345	$0	$0	$0
James Piatt
Vice Pres - Uni. Advancement	$290,939	$0	$0	$0	$22,883	$0	$22,400	$0	$37,432	$0	$373,654	$0	$0	$0
David L (Dave) Blank
Director of Athletics	$280,424	$0	$0	$0	$26,002	$0	$22,400	$0	$34,869	$0	$363,695	$0	$0	$0
Dr Jonathan C Dooley
Vice Pres of Student Life	$171,694	$0	$0	$0	$17,176	$0	$14,389	$0	$16,691	$0	$219,950	$0	$0	$0
Tony Trisciani
Football Coach	$326,287	$0	$0	$0	$8,075	$0	$22,400	$0	$15,600	$0	$372,362	$0	$0	$0
Dr Raghuram Tadepalli
Dean-School of Bus.	$305,839	$0	$0	$0	$11,758	$0	$22,400	$0	$17,808	$0	$357,805	$0	$0	$0
Dr Luke Bierman
Dean-School of Law	$291,679	$0	$0	$0	$9,770	$0	$22,400	$0	$30,483	$0	$354,332	$0	$0	$0
Mike Schrage
Basketball Coach	$276,603	$0	$0	$0	$33,316	$0	$20,267	$0	$5,389	$0	$335,575	$0	$0	$0
DR Paul Parsons
Former Dean-Sch of Communications	$220,082	$0	$0	$0	$6,700	$0	$17,885	$0	$13,191	$0	$257,858	$0	$0	$0
Matthew M Matheny
Former Basketball Coach	$300,389	$0	$0	$0	$30,959	$0	$6,060	$0	$5,622	$0	$343,030	$0	$0	$0
Dr Smith Jackson
Former - VP & Dean of Students	$147,200	$0	$0	$0	$3,822	$0	$12,210	$0	$23,290	$0	$186,522	$0	$0	$0
Dr Leo Lambert
President Emeritus	$349,041	$0	$0	$0	$198,224	$0	$22,400	$0	$29,829	$0	$599,494	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule J, Part II, Column (A) (12) PAUL PARSONS	DR. PAUL PARSONS WAS THE DEAN OF THE SCHOOL OF COMMUNICATIONS WITH THE UNIVERSITY UNTIL MAY 31,2018. ON JUNE 1, 2018 DR. PARSONS RETURNED TO TEACHING WITHIN THE SCHOOL OF COMMUNICATIONS. DR. PAUL PARSONS WAS A KEY EMPLOYEE AND AS REQUIRED, HIS INCOME WILL BE REPORTED FOR THE NEXT 5 YEARS IF IT EXCEEDS $100,000.
Schedule J, Part II, Column (A) (13) DR. SMITH JACKSON	DR. SMITH JACKSON WAS PREVIOUSLY LISTED ON THE SCHEDULE OF COMPENSATION AS THE VP & DEAN OF STUDENTS UNTIL MAY 31, 2017. ON JUNE 1, 2017, DR. JACKSON BECAME THE ASSISTANT TO THE PRESIDENT AND HEAD OF THE MASTERS IN HIGHER EDUCATION. AS A FORMER KEY EMPLOYEE, DR. JACKSON'S INCOME MUST BE REPORTED FOR 5 YEARS IF IT EXCEEDS $100,000
Schedule J, Part I, Line 1a Tax indemnification and gross-up payments	TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: THE UNIVERSITY GROSSES UP CAR ALLOWANCES FOR CERTAIN SENIOR STAFF. PERSONAL USE OF CARS ARE INCLUDED IN THE TAXABLE INCOME OF THE EMPLOYEES.
Schedule J, Part I, Line 1a Housing allowance or residence for personal use	HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: THE ONLY PERSON WHO RECEIVES HOUSING IS THE UNIVERSITY PRESIDENT. THE PRESIDENT'S CONTRACT STATES THAT AS A CONDITION OF EMPLOYMENT, AND AS A BENEFIT TO THE UNIVERSITY, THE PRESIDENT IS TO RESIDE IN UNIVERSITY PROVIDED HOUSING. IN ADDITION, THE CONTRACT STATES THE UNIVERSITY SHALL PAY ALL UTILITIES, REAL ESTATE TAXES, INSURANCE AND EXPENSE FOR MAINTENANCE AND UPKEEP FOR THE PRESIDENTIAL RESIDENCE.
Schedule J, Part I, Line 1a Health or social club dues or initiation fees	SOCIAL CLUB MEMBERSHIPS ARE USED FOR ENTERTAINMENT/FUNDRAISING PURPOSES FOR THE DIRECT BENEFIT OF THE UNIVERSITY.
Schedule J, Part I, Line 1a Personal services	PERSONAL SERVICES: THE PRESIDENT'S CONTRACT STATES THAT AS A CONDITION OF EMPLOYMENT THE PRESIDENT WILL RESIDE IN UNIVERSITY PROVIDED HOUSING. IN ADDITION, EXPENSES FOR MAINTENANCE AND UPKEEP OF THE PRESIDENT'S RESIDENCE WILL BE PAID FOR BY THE UNIVERSITY.
Schedule J, Part I, Line 4a Severance or change-of-control payment	MATTHEW MATHENY TERMED ON MARCH 31, 2019 AS THE BASKETBALL COACH. MR. MATHENY WILL RECEIVE $303,000 ANNUALLY BEGINNING MARCH 31, 2019 THROUGH MARCH 31, 2022 PER HIS CONTRACT.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

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

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

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

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

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

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

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

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

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

Supplemental Information Detail SupplementalInformationDetail (12 entries)

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

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

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

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

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

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Any Research AgreementsAnyResearchAgreementsInd	Total Private Business UseTotalPrivateBusinessUsePct	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	false	false	false	false	0.0	false	false	Yes (true)
B	false	false	false	false	0.0	false	false	Yes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A	false	Yes (true)	Yes (true)	false	false	false	Yes (true)
B	false	Yes (true)	Yes (true)	false	false	false	Yes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

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

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
RENE JACKSON
FAMILY MEMBER OF FORMER KEY EMPLOYEE	$64,322	EMPLOYEE	false
STACIE DOOLEY
FAMILY MEMBER OF KEY EMPLOYEE	$65,266	EMPLOYEE	false
MORGAN BAKER
FAMILY MEMBER OF BOARD MEMBER	$24,151	EMPLOYEE	false

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	7	ContributionCnt
Noncash Contributions Rpt F990	$945,317	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Market value	MethodOfDeterminingRevenuesTxt

Cars And Other Vehicles CarsAndOtherVehiclesGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$24,000	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Market value	MethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	36	ContributionCnt
Noncash Contributions Rpt F990	$4,587,933	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Market value	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)

Non Cash CheckboxNonCashCheckboxInd	DescDesc	ContributionContributionCnt	Noncash Contributions Rpt F990NoncashContributionsRptF990Amt	Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)	MOWER	1	$29,900	Market value
Yes (X)	GOLF CART	1	$10,500	Market value
Yes (X)	FOOD/BEVERAGE	1	$5,000	Market value

Field	Value	IRS element (for citing)
Form8283 Received	0	Form8283ReceivedCnt
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (true)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	false	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule M, Part I Explanations of reporting method for number of contributions	FormAndLineReferenceDesc
Explanation	Securities - Publicly traded - Number of contributions received. Cars and other vehicles - Number of contributions received. Other - MOWER Number of contributions received. Other - GOLF CART Number of contributions received. Art - Works of art - Number of contributions received. Other - FOOD/BEVERAGE Number of contributions received.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part III, Line 4d Description of other program services	(Expenses $ 10,421,472 including grants of $)(Revenue $ 3,661,627) ACADEMIC SUPPORT - EXPENSES INCURRED TO PROVIDE SUPPORT SERVICES FOR THE INSTITUTION'S PRIMARY MISSION OF INSTRUCTION, INCLUDING THE LIBRARY, MEDIA SERVICES, AND TECHNOLOGY.
Form 990, Part VI, Line 2 Family/business relationships amongst interested persons	KERRII ANDERSON AND DAVID KING - Business relationship
Form 990, Part VI, Line 11b Review of form 990 by governing body	THE FORM 990 IS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE BEFORE FILING. ALSO, A COPY IS PROVIDED TO THE BOARD THROUGH A PASSWORD PROTECTED WEBSITE.
Form 990, Part VI, Line 12c Conflict of interest policy	THE UNIVERSITY SENDS OUT AN ANNUAL CONFLICT OF INTEREST FORM TO ALL KEY EMPLOYEES AND MEMBERS OF THE BOARD. EACH YEAR THESE PERSONS ARE TO RE-READ THE CONFLICT OF INTEREST POLICY AND FILL OUT THE ATTACHED FORM WITH VARIOUS QUESTIONS. THE FORMS ARE MONITORED BY THE ASSISTANT TO THE BOARD OF TRUSTEES AND SENT TO THE AUDIT COMMITTEE CHAIR. IF AN ITEM COMES TO VOTE THAT PRESENTS A CONFLICT, THE BOARD MEMBER WILL NOT PARTICIPATE IN ANY DISCUSSION OR VOTING PERTAINING TO THE ITEM OF CONFLICT.
Form 990, Part VI, Line 15a Process to establish compensation of top management official	THE ADMINISTRATIVE PERSONNEL COMMITTEE, A SUB-COMMITTEE OF THE BOARD OF TRUSTEES, HIRES AN INDEPENDENT COMPENSATION CONSULTANT. THE CONSULTANT GATHERS COMPENSATION DATA FROM OTHER UNIVERSITIES, PUBLISHED SURVEYS, AND THE FORMS 990. THE COMMITTEE REVIEWS THE DATA AND FORMULATES A RECOMMENDATION FOR THE BOARD OF TRUSTEES FOR APPROVAL. THESE DISCUSSIONS ARE DOCUMENTED IN THE MEETING MINUTES. FOR ALL OTHER EMPLOYEES, THE HUMAN RESOURCES DEPARTMENT REVIEWS SALARY RANGES AND COMPARES THEM TO INDUSTRY STANDARDS ON A REGULAR BASIS.
Form 990, Part VI, Line 15b Process to establish compensation of other employees	SEE DESCRIPTION FOR LINE 15A.
Form 990, Part VI, Line 19 Required documents available to the public	CERTAIN DOCUMENTS ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE. SOME POLICIES ARE AVAILABLE ONLY UPON REQUEST.
Form 990, Part VII, Section A, Line 1a, Column (A) (13) PAUL PARSONS	DR. PAUL PARSONS WAS THE DEAN OF THE SCHOOL OF COMMUNICATIONS WITH THE UNIVERSITY UNTIL MAY 31,2018. ON JUNE 1, 2018 DR. PARSONS RETURNED TO TEACHING WITHIN THE SCHOOL OF COMMUNICATIONS. DR. PAUL PARSONS WAS A KEY EMPLOYEE AND AS REQUIRED, HIS INCOME WILL BE REPORTED FOR THE NEXT 5 YEARS IF IT EXCEEDS $100,000.
Form 990, Part VII, Section A, Line 1a, Column (A) (15) DR. SMITH JACKSON	DR. SMITH JACKSON WAS PREVIOUSLY LISTED ON THE SCHEDULE OF COMPENSATION AS THE VP & DEAN OF STUDENTS UNTIL MAY 31, 2017. ON JUNE 1, 2017, DR. JACKSON BECAME THE ASSISTANT TO THE PRESIDENT AND HEAD OF THE MASTERS IN HIGHER EDUCATION. AS A FORMER KEY EMPLOYEE, DR. JACKSON'S INCOME MUST BE REPORTED FOR 5 YEARS IF IT EXCEEDS $100,000.
Form 990, Part XI, Line 9 Other changes in net assets or fund balance	CHANGE IN INVESTMENTS 11,182.
Form 990, Part XI, Line 9 Other changes in net assets or fund balances	CHANGE IN INVESTMENTS - 11182;

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Total IncomeTotalIncomeAmt	End Of Year AssetsEndOfYearAssetsAmt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt
TRI-STATE REAL PROPERTIES LLC
615 S DUPONT HIGHWAY	DOVER	DE	19901	260353244	REAL ESTATE	DE	$91,385	$117,885	ELON UNIVERSITY
THE INN AT ELON
100 CAMPUS DR	ELON	NC	27244	825422878	HOTEL AND RESTAURANT	NC	-$3,426,701	$29,274,747	ELON UNIVERSITY