FURP.ORG / PUBLIC DATA EXPLORER

FAIRFIELD UNIVERSITY: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
FAIRFIELD UNIVERSITY (EIN 06-0646623)
Tax period
2017-07-01 to 2018-06-30
Filed
2019-05-15
IRS object ID
201921359349308582
Schema version
2017v2.3
Source
Download XML · Original 990 at ProPublica

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

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2019-05-15T14:39:28-05:00ReturnTs
Tax Period End2018-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1345 Park AvenueAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP101540102ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN060646623EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Fairfield UniversityBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Michael TrafecanteInCareOfNm
Business Name ControlFAIRBusinessNameControlTxt
Phone2032544000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11073 NORTH BENSON ROADAddressLine1Txt
CityFAIRFIELDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP068245195ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMIKE TRAFECANTEPersonNm
Person TitleVP FOR FINANCEPersonTitleTxt
Phone2032544000PhoneNum
Signature2019-05-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARY-EVELYN ANTONETTIPreparerPersonNm
PTINP00431862PTIN
Phone2127589700PhoneNum
Preparation2019-05-15PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address167.68.102.5IPv4AddressTxt
FieldValueIRS element (for citing)
Federal Original Submission Id13407320191355000065FederalOriginalSubmissionId
Federal Original Submission Id2019-05-15FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdD24ED715DB1A2C682E9CD4EF497228E25226C4C5AtSubmissionCreationDeviceId
At Submission Filing Device IdDCB11F11A70948B4BC98F0CEE6EA1A4076F59685AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMark R Nemec PHDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11073 NORTH BENSON ROADAddressLine1Txt
CityFAIRFIELDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP068245195ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$336,532,847GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1942FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionFAIRFIELD'S MISSION IS TO DEVELOP THE CREATIVE INTELLECTUAL POTENTIAL OF ITS SUTDENTS AND TO FOSTER IN THEM ETHICAL AND RELIGIOUS VALUES AND A SENSE OF SOCIAL RESPONSIBILITY.ActivityOrMissionDesc
Voting Members Governing Body37VotingMembersGoverningBodyCnt
Voting Members Independent36VotingMembersIndependentCnt
Total Employee3097TotalEmployeeCnt
Total Volunteers500TotalVolunteersCnt
Total Gross UBI$640,011TotalGrossUBIAmt
PY Contributions Grants$64,185,723PYContributionsGrantsAmt
CY Contributions Grants$23,971,109CYContributionsGrantsAmt
PY Program Service Revenue$263,450,692PYProgramServiceRevenueAmt
CY Program Service Revenue$273,447,672CYProgramServiceRevenueAmt
PY Investment Income$13,832,648PYInvestmentIncomeAmt
CY Investment Income$6,000,498CYInvestmentIncomeAmt
PY Other Revenue$607,953PYOtherRevenueAmt
CY Other Revenue$598,713CYOtherRevenueAmt
PY Total Revenue$342,077,016PYTotalRevenueAmt
CY Total Revenue$304,017,992CYTotalRevenueAmt
PY Grants And Similar Paid$76,163,898PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$80,158,441CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$113,231,903PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$117,360,303CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$361,431PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$379,068CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$7,701,865CYTotalFundraisingExpenseAmt
PY Other Expenses$86,640,274PYOtherExpensesAmt
CY Other Expenses$105,289,175CYOtherExpensesAmt
PY Total Expenses$276,397,506PYTotalExpensesAmt
CY Total Expenses$303,186,987CYTotalExpensesAmt
PY Revenues Less Expenses$65,679,510PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$831,005CYRevenuesLessExpensesAmt
Total Assets BOY$881,246,458TotalAssetsBOYAmt
Total Assets EOY$929,863,545TotalAssetsEOYAmt
Total Liabilities BOY$302,598,974TotalLiabilitiesBOYAmt
Total Liabilities EOY$340,636,560TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$578,647,484NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$589,226,985NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionA FAIRFIELD UNIVERSITY EDUCATION HAS BECOME MORE INTEGRATED IN FOCUS, MORE GLOBAL IN OUTLOOK, AND MORE INTERNATIONAL IN ITS STRUCTURE THAN EVER BEFORE IN THE JESUIT TRADITION. SEE SCHEDULE O.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$209,208,806ExpenseAmt
Grant$80,158,441GrantAmt
Revenue$226,278,657RevenueAmt
DescFAIRFIELD UNIVERSITY IS AN INSTITUTE OF HIGHER LEARNING WITH UNDERGRADUATE, GRADUATE, AND CONTINUING EDUCATION ACADEMIC PROGRAMS INCLUDING STUDENTS RESIDING ON CAMPUS. SEE SCHEDULE O.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$40,839,631ExpenseAmt
Revenue$42,075,424RevenueAmt
DescROOM & BOARD. SEE SCHEDULE O.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$3,007,263ExpenseAmt
Revenue$5,093,591RevenueAmt
DescOTHER ACTIVITIES. A VARIETY OF STUDENT SERVICES INCLUDING ARTS AND ENTERTAINMENT AT THE QUICK CENTER, STUDENT ACTIVITIES FOR CLUB SPORTS, AND OTHER ITEMS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$253,055,700TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsYes (true)ConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsYes (true)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (true)MoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document859IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee3097EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryITForeignCountryCd
Foreign CountryUKForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members37GoverningBodyVotingMembersCnt
Independent Voting Member36IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMichael TrafecantePersonNm
Phone2032544000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11073 North Benson RoadAddressLine1Txt
CityFairfieldCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06824ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (51 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
MARK NEMEC
PRESIDENT (AS OF 7-1-17)35.00.0Yes (X)Yes (X)$399,845$0$50,454
NANCY A ALTOBELLO
TRUSTEE5.00.0Yes (X)$0$0$0
CEASAR NICHOLAS ANQUILLARE
TRUSTEE1.00.0Yes (X)$0$0$0
WILLIAM L ATWELL
TRUSTEE1.00.0Yes (X)$0$0$0
REV JOHN F BALDOVIN SJ
TRUSTEE(AS OF 7-1-17)1.00.0Yes (X)$0$0$0
REV TERRENCE A BAUM SJ
TRUSTEE(AS OF 7-1-17)1.00.0Yes (X)$0$0$0
MARK J BECKWITH
TRUSTEE5.00.0Yes (X)$0$0$0
JOSEPH R BRONSON
TRUSTEE1.00.0Yes (X)$0$0$0
KEVIN P CANNON
TRUSTEE1.00.0Yes (X)$0$0$0
CARLOS M CARDOSO
TRUSTEE5.00.0Yes (X)$0$0$0
FRANK J CARROLL III
TRUSTEE5.00.0Yes (X)$0$0$0
TIMOTHY J CONWAY
TRUSTEE1.00.0Yes (X)$0$0$0
WILLIAM C CRAGER
TRUSTEE1.00.0Yes (X)$0$0$0
SHELIA KEARNEY DAVIDSON
TRUSTEE5.00.0Yes (X)$0$0$0
CHRISTOPHER C DESMARAIS
TRUSTEE5.00.0Yes (X)$0$0$0
REV TERRENCE P DEVINO SJ
TRUSTEE5.00.0Yes (X)$0$0$0
KELLY SIMON HONDRU
TRUSTEE1.00.0Yes (X)$0$0$0
ROBIN KANAREK
TRUSTEE1.00.0Yes (X)$0$0$0
SUSAN ROBINSON KING MA
TRUSTEE1.00.0Yes (X)$0$0$0
KATHERINE N LAPP
TRUSTEE1.00.0Yes (X)$0$0$0
STEPHEN M LESSING
TRUSTEE1.00.0Yes (X)$0$0$0
BILL MCINTOSH
TRUSTEE1.00.0Yes (X)$0$0$0
ANDREW J MCMAHON
TRUSTEE5.00.0Yes (X)$0$0$0
JOHN MEDITZ
TRUSTEE1.00.0Yes (X)$0$0$0
ELNER MORRELL
TRUSTEE1.00.0Yes (X)$0$0$0
ROBERT MURPHY JR
TRUSTEE5.00.0Yes (X)$0$0$0
GAVIN G O'CONNOR
TRUSTEE1.00.0Yes (X)$0$0$0
BIFF J O'REILLY
TRUSTEE5.00.0Yes (X)$0$0$0
REV STEPHEN A PRIVETT SJ
TRUSTEE5.00.0Yes (X)$0$0$0
CHRISTOPHER C QUICK
TRUSTEE (as of 7-1-17)1.00.0Yes (X)$0$0$0
KATIE JACOBS ROBINSON
TRUSTEE1.00.0Yes (X)$0$0$0
MARIANNE DOLAN WEBER
TRUSTEE1.00.0Yes (X)$0$0$0
JAMES D WEHR
TRUSTEE1.00.0Yes (X)$0$0$0
REV GEORGE E COLLINS
TRUSTEE1.00.0Yes (X)$0$0$0
REV GREGORY KALSCHEUR SJ
TRUSTEE1.00.0Yes (X)$0$0$0
CLAIRE KNOPF
TRUSTEE1.00.0Yes (X)$0$0$0
DOUGLAS HAMMOND
TRUSTEE1.00.0Yes (X)$0$0$0
MICHAEL G TORTORA
SECRETARY (THRU 6-30-17)35.00.0Yes (X)$98,309$0$25,022
MICHAEL TRAFECANTE
TREASURER35.00.0Yes (X)$248,607$0$84,404
KRISTINE CARROLL
SECRETARY (AS OF 7-1-17)35.00.0Yes (X)$69,097$0$35,057
KEVIN LAWLOR
EXECUTIVE VICE PRESIDENT35.00.0$353,465$0$145,746Yes (X)
THOMAS PELLEGRINO
VICE PRESIDENT35.00.0$213,546$0$53,349Yes (X)
CHRISTINE SIEGEL
PROVOST & SR VP ACADEMICS35.00.0$279,094$0$51,715Yes (X)
MARK LIGAS
ACTING DEAN35.00.0$158,859$0$71,305Yes (X)
WALTER HALAS
VP ADVANCEMENTS35.00.0$260,036$0$60,076Yes (X)
SYDNEY JOHNSON
HEAD MBB COACH35.00.0$539,232$0$73,988Yes (X)
JOSEPH FRAGER
HEAD WBB COACH35.00.0$220,992$0$78,184Yes (X)
DONALD GIBSON
VICE PROVOST/ AVP ACADEMIC35.00.0$222,018$0$54,410Yes (X)
JOHNATHAN CARROLL
CHIEF INFORMATION OFFICER35.00.0$265,383$0$59,232Yes (X)
LYNN BABINGTON
FORMER INTERIM-PRESIDENT35.00.0$225,794$0$39,646Yes (X)
YOHURU WILLIAMS
FORMER DEAN COLLEGE OF A&S35.00.0$112,500$0$51,370Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,666,777TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$933,958TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K211IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
GILBANE BUILDING COMPANY
7 JACKSON WALKWAYPROVIDENCERI02903CONSTRUCTION$31,501,042
SODEXO OPERATIONS LLC
PO BOX 352BUFFALONY14240DINING SERVICE$13,346,283
SKANSKA USA BUILDING INC
545 LONG WHARF DR FL 6NEW HAVENCT06511CONSTRUCTION$10,855,113
WHITING TURNER CONTRACTING CO
300 E JOPPA ROADBALTIMOREMD21286CONSTRUCTION$6,396,137
SLAM COLLABORATIVE INC
PO BOX 12BRATTLEBOROVT053020012ARCHITECTURAL SERV.$2,571,431
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K121CntrctRcvdGreaterThan100KCnt
Fundraising$585,976FundraisingAmt
Government Grants$3,158,730GovernmentGrantsAmt
All Other Contributions$20,226,403AllOtherContributionsAmt
Noncash Contributions$3,846,494NoncashContributionsAmt
Total Contributions$23,971,109TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
Tuition & Fees611600$226,278,657$226,278,657
Auxiliary Services721000$42,075,424$42,075,424
Other Program Services900099$4,070,078$4,070,078
Summer Conferences900099$1,023,513$370,197$653,316
FieldValueIRS element (for citing)
Total Program Service Revenue$273,447,672TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,155,236TotalRevenueColumnAmt
Unrelated Business Revenue$148,911UnrelatedBusinessRevenueAmt
Exclusion$7,006,325ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

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

Royalties Revenue RoyaltiesRevenueGrp

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

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$1,354,198RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$654,204RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$699,994RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$699,994TotalRevenueColumnAmt
Unrelated Business Revenue-$162,216UnrelatedBusinessRevenueAmt
Exclusion$862,210ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$30,435,596SecuritiesAmt
Other$64,286OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$21,856,040SecuritiesAmt
Other$9,798,580OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$8,579,556SecuritiesAmt
Other-$9,734,294OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$1,154,738TotalRevenueColumnAmt
Exclusion-$1,154,738ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$104,750FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$585,976ContriRptFundraisingEventAmt
Fundraising Direct Expenses$206,031FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$101,281TotalRevenueColumnAmt
Exclusion-$101,281ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

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

Net Income Or Loss NetIncomeOrLossGrp

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

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$304,017,992TotalRevenueColumnAmt
Related Or Exempt Func Income$272,794,356RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$640,011UnrelatedBusinessRevenueAmt
Exclusion$6,612,516ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$75,222,109TotalAmt
Program Services$75,222,109ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$4,936,332TotalAmt
Program Services$4,936,332ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$3,238,941TotalAmt
Program Services$2,263,631ProgramServicesAmt
Management And General$721,491ManagementAndGeneralAmt
Fundraising$253,819FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$83,810,630TotalAmt
Program Services$70,033,882ProgramServicesAmt
Management And General$9,718,310ManagementAndGeneralAmt
Fundraising$4,058,438FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$5,724,450TotalAmt
Program Services$4,705,217ProgramServicesAmt
Management And General$707,959ManagementAndGeneralAmt
Fundraising$311,274FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$18,599,538TotalAmt
Program Services$11,608,148ProgramServicesAmt
Management And General$6,335,769ManagementAndGeneralAmt
Fundraising$655,621FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$5,986,744TotalAmt
Program Services$5,008,434ProgramServicesAmt
Management And General$684,066ManagementAndGeneralAmt
Fundraising$294,244FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$936,510TotalAmt
Program Services$57,181ProgramServicesAmt
Management And General$859,124ManagementAndGeneralAmt
Fundraising$20,205FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$74,300TotalAmt
Management And General$74,300ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$379,068TotalAmt
Fundraising$379,068FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$327,808TotalAmt
Management And General$327,808ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$15,652,828TotalAmt
Program Services$14,095,732ProgramServicesAmt
Management And General$1,505,786ManagementAndGeneralAmt
Fundraising$51,310FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,376,418TotalAmt
Program Services$380,176ProgramServicesAmt
Management And General$961,972ManagementAndGeneralAmt
Fundraising$34,270FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$11,291,849TotalAmt
Program Services$6,602,035ProgramServicesAmt
Management And General$4,165,311ManagementAndGeneralAmt
Fundraising$524,503FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$3,998,387TotalAmt
Program Services$1,650,155ProgramServicesAmt
Management And General$2,297,724ManagementAndGeneralAmt
Fundraising$50,508FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$8,705,759TotalAmt
Program Services$8,681,070ProgramServicesAmt
Management And General$24,689ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$7,276,463TotalAmt
Program Services$5,781,116ProgramServicesAmt
Management And General$836,468ManagementAndGeneralAmt
Fundraising$658,879FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$335,708TotalAmt
Program Services$271,422ProgramServicesAmt
Management And General$57,706ManagementAndGeneralAmt
Fundraising$6,580FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$11,041,411TotalAmt
Program Services$9,221,908ProgramServicesAmt
Management And General$1,819,503ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$18,303,766TotalAmt
Program Services$17,439,911ProgramServicesAmt
Management And General$692,799ManagementAndGeneralAmt
Fundraising$171,056FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,235,684TotalAmt
Program Services$176,867ProgramServicesAmt
Management And General$1,058,817ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Maintenance and Equipment$6,859,293$6,190,901$534,268$134,124
LOSS ON EXTINGUISH. OF DEBT$6,181,001$0$6,181,001$0
CONSULTANTS & HONORARIA$4,111,057$2,099,627$1,967,290$44,140
INTERNATIONAL PROGRAMS$3,806,015$3,806,015

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,774,918TotalAmt
Program Services$2,823,831ProgramServicesAmt
Management And General$897,261ManagementAndGeneralAmt
Fundraising$53,826FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$303,186,987TotalAmt
Program Services$253,055,700ProgramServicesAmt
Management And General$42,429,422ManagementAndGeneralAmt
Fundraising$7,701,865FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$219,540BOYAmt
EOY$464,791EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$55,194,641BOYAmt
EOY$60,010,419EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$45,221,565BOYAmt
EOY$43,625,096EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,927,893BOYAmt
EOY$3,498,403EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

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

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

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

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

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

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

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

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$635,448,876LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$256,482,766LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$338,285,609BOYAmt
EOY$378,966,110EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$304,472,666BOYAmt
EOY$322,726,088EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$77,645,311BOYAmt
EOY$67,762,330EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

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

Intangible Assets IntangibleAssetsGrp

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

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$57,279,233BOYAmt
EOY$52,810,308EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$881,246,458BOYAmt
EOY$929,863,545EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$41,005,920BOYAmt
EOY$43,930,703EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$2,434,466BOYAmt
EOY$2,327,481EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$18,789,703BOYAmt
EOY$18,370,347EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$240,368,885BOYAmt
EOY$276,008,029EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

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

Loans From Officers Directors LoansFromOfficersDirectorsGrp

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

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

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

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

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

Other Liabilities OtherLiabilitiesGrp

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

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$302,598,974BOYAmt
EOY$340,636,560EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$300,164,086BOYAmt
EOY$305,651,390EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$131,061,654BOYAmt
EOY$130,316,218EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$147,421,744BOYAmt
EOY$153,259,377EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$578,647,484BOYAmt
EOY$589,226,985EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$881,246,458BOYAmt
EOY$929,863,545EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$831,005ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$11,236,280NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$1,487,784OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

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

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$29,129,565CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$26,696,203CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$29,558,321CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$64,185,723CurrentTaxYearMinus1YearAmt
Current Tax Year$23,971,109CurrentTaxYearAmt
Total$173,540,921TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$29,129,565CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$26,696,203CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$29,558,321CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$64,185,723CurrentTaxYearMinus1YearAmt
Current Tax Year$23,971,109CurrentTaxYearAmt
Total$173,540,921TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$44,908,448SubstantialContributorsTotAmt
Public Support Total170$128,632,473PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,233,274CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,337,222CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,617,104CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,235,362CurrentTaxYearMinus1YearAmt
Current Tax Year$8,509,434CurrentTaxYearAmt
Total$26,932,396TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$181,792CurrentTaxYearMinus4YearsAmt
Total$181,792TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$286,093CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$775,415CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$409,033CurrentTaxYearMinus2YearsAmt
Total$1,470,541TotalAmt
FieldValueIRS element (for citing)
Total Support$202,125,650TotalSupportAmt
Gross Receipts Rltd Activities$1,265,505,030GrossReceiptsRltdActivitiesAmt
Public Support CY1700.63640PublicSupportCY170Pct
Public Support PY1700.65220PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Total Grassroots LobbyingTotalGrassrootsLobbyingGrp
Total Direct LobbyingTotalDirectLobbyingGrp
Total Lobbying ExpendTotalLobbyingExpendGrp
Other Exempt Purpose ExpendOtherExemptPurposeExpendGrp
Total Exempt Purpose ExpendTotalExemptPurposeExpendGrp
Lobbying Nontaxable AmountLobbyingNontaxableAmountGrp
Grassroots NontaxableGrassrootsNontaxableGrp
Tot Lbbyng Grassroot Mns Non TxTotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non TxTotLbbyExpendMnsLbbyngNonTxGrp
VolunteersfalseVolunteersInd
Paid Staff Or ManagementfalsePaidStaffOrManagementInd
Media AdvertisementsfalseMediaAdvertisementsInd
Mailings MembersfalseMailingsMembersInd
Publications Or BroadcastfalsePublicationsOrBroadcastInd
Grants Other OrganizationsfalseGrantsOtherOrganizationsInd
Direct Contact LegislatorsfalseDirectContactLegislatorsInd
Rallies DemonstrationsfalseRalliesDemonstrationsInd
Other ActivitiesYes (true)OtherActivitiesInd
Not Described Section501c3falseNotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE C, PART II-B, LINE 1FormAndLineReferenceDesc
ExplanationFAIRFIELD UNIVERSITY MAY INDIRECTLY INCUR LOBBYING EXPENSE THROUGH DUES PAID TO OTHER ORGANIZATIONS.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Protection Natural HabitatYes (X)ProtectionNaturalHabitatInd
Total Easements9TotalEasementsCnt
Total Acreage30.00TotalAcreageCnt
Historic Strctr Easements Aftr2HistoricStrctrEasementsAftrCnt
States Easements Held1StatesEasementsHeldCnt
Written Policy MonitoringYes (true)WrittenPolicyMonitoringInd
Staff Hours Spent Enforcement65.00StaffHoursSpentEnforcementCnt
Expenses Incurred Enforcement$40,000ExpensesIncurredEnforcementAmt
Section170h Rqr StsfdfalseSection170hRqrStsfdInd
Art Public Exhibition AmountsArtPublicExhibitionAmountsGrp
Held Works ArtHeldWorksArtGrp
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd
Solicited Assets SalefalseSolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

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

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$316,913,844BeginningYearBalanceAmt
Contributions$6,966,058ContributionsAmt
Investment Earnings Or Losses$42,738,641InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,138,098GrantsOrScholarshipsAmt
Other Expenditures$6,544,540OtherExpendituresAmt
Administrative Expenses$629,639AdministrativeExpensesAmt
End Year Balance$355,306,266EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$324,498,896BeginningYearBalanceAmt
Contributions$5,909,462ContributionsAmt
Investment Earnings Or Losses-$1,112,030InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,354,070GrantsOrScholarshipsAmt
Other Expenditures$8,028,414OtherExpendituresAmt
End Year Balance$316,913,844EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$321,418,792BeginningYearBalanceAmt
Contributions$5,462,179ContributionsAmt
Investment Earnings Or Losses$8,949,982InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,664,316GrantsOrScholarshipsAmt
Other Expenditures$6,667,741OtherExpendituresAmt
End Year Balance$324,498,896EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$279,942,310BeginningYearBalanceAmt
Contributions$5,975,887ContributionsAmt
Investment Earnings Or Losses$46,138,721InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,449,456GrantsOrScholarshipsAmt
Other Expenditures$7,188,670OtherExpendituresAmt
End Year Balance$321,418,792EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.40670BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.41290PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.18040TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,932,212OtherCostOrOtherBasisAmt
Book Value$6,932,212BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$490,986,657OtherCostOrOtherBasisAmt
Depreciation$189,338,223DepreciationAmt
Book Value$301,648,434BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$0OtherCostOrOtherBasisAmt
Depreciation$0DepreciationAmt
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$66,248,930OtherCostOrOtherBasisAmt
Depreciation$56,330,336DepreciationAmt
Book Value$9,918,594BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$71,281,077OtherCostOrOtherBasisAmt
Depreciation$10,814,207DepreciationAmt
Book Value$60,466,870BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$378,966,110TotalBookValueLandBuildingsAmt
Financial DerivativesFinancialDerivativesGrp
Closely Held Equity InterestsCloselyHeldEquityInterestsGrp
Total Book Value Securities$0TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
DEPOSIT WITH TRUSTEES$45,558,683
PREPAID EXPENSES$3,959,524
OTHER ASSETS$3,292,101
FieldValueIRS element (for citing)
Total Book Value Other Assets$52,810,308TotalBookValueOtherAssetsAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt
Total Liability$0TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$234,062,398TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$11,236,280NetUnrealizedGainsInvstAmt
Other Revenue-$80,992,021OtherRevenueAmt
Revenue Not Reported-$69,755,741RevenueNotReportedAmt
Revenue Subtotal$303,818,139RevenueSubtotalAmt
Investment Expenses Not Incld$199,853InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$199,853RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$304,017,992TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$223,482,897TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included-$79,504,237OtherExpensesIncludedAmt
Expenses Not Reported-$79,504,237ExpensesNotReportedAmt
Expenses Subtotal$302,987,134ExpensesSubtotalAmt
Investment Expenses Not Incld2$199,853InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$199,853ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$303,186,987TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PART III, LINE 1ASFAS 116 (ASC 958) FOOTNOTE THE ART COLLECTIONS ARE DONATED TO THE UNIVERSITY AND NOT RECOGNIZED IN THE ASSETS OF THE BALANCE SHEET. THE AUDITED FINANCIAL STATEMENTS DO NOT HAVE A FOOTNOTE REGARDING THE COLLECTIONS.
SCHEDULE D, PART III, LINE 4THE ORGANIZATION'S ART COLLECTIONS ARE IMPORTANT CULTURAL RESOURCES OF THE UNIVERSITY, PROVIDING ARTS AND ACADEMIC ENRICHMENT TO THE STUDENTS, FACULTY, LOCAL COMMUNITY, AND INTERNATIONAL SCHOLARLY COMMUNITY. THE COLLECTIONS ARE HOUSED AT THE LUKACS GALLERY, THOMAS J WALSH ART GALLERY, THE BELLARMINE MUSEUM & VARIOUS LOCATIONS ON CAMPUS. A WEBSITE HAS BEEN DESIGNED TO GIVE ACCESS TO THESE WORKS OF ART, COLLECTIONS AND VENUES AND TO PROVIDE HISTORICAL AND TECHNICAL INFORMATION ON THE WORKS. THE BELLARMINE MUSEUM IS DEDICATED TO PRESERVING, STUDYING, AND EXHIBITING THOSE OBJECTS ENTRUSTED TO ITS CARE, WHILE NEVER LOSING SIGHT OF ITS OBLIGATION TO EDUCATE AND INSPIRE ITS MANY AUDIENCES, FOR THE GREATER ENRICHMENT OF ALL. THE MUSEUM IS OPEN TO THE PUBLIC AND FREE OF CHARGE.
SCHEDULE D, PART V, LINE 4THE UNIVERSITY'S ENDOWMENT IS AN AGGREGATION OF GIFTS PROVIDED BY DONORS WITH THE REQUIREMENT THE GIFTS BE HELD IN PERPETUITY TO GENERATE EARNINGS NOW AND IN FUTURE YEARS TO SUPPORT THE UNIVERSITY'S PROGRAMS OF INSTRUCTION, RESEARCH AND PUBLIC SERVICE AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENT. EARNINGS FROM ENDOWMENT INVESTMENTS SUPPORT SCHOLARSHIPS, CHAIRS, PROFESSORSHIPS, FELLOWSHIPS, BASIC RESEARCH, AS WELL AS ACADEMIC AND PUBLIC SERVICE PROGRAMS. THE ENDOWMENT SHOULD PROVIDE STABILITY SINCE THE PRINCIPAL IS INVESTED AND EARNINGS ARE GENERATED YEAR AFTER YEAR. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS.
SCHEDULE D, PART X, LINE 2THE UNIVERSITY IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS GENERALLY EXEMPT FROM INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE UNIVERSITY RECOGNIZES THE EFFECTS OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. THE UNIVERSITY EVALUATES, ON AN ANNUAL BASIS, THE EFFECTS OF ANY UNCERTAIN TAX POSITIONS ON ITS FINANCIAL STATEMENTS. AS OF JUNE 30, 2018, THE UNIVERSITY HAS NOT IDENTIFIED OR PROVIDED FOR ANY SUCH POSITIONS.
SCHEDULE D, PART XI, LINE 2DOTHER AMOUNTS INCLUDED ON LINE 1 BUT NOT ON FORM 990, PART VIII, LINE 12: STUDENT FINANCIAL AID $(80,158,441) RENT EXPENSE 654,204 CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT (1,487,784) ------------- $ (80,992,021)
SCHEDULE D, PART XII, LINE 2DOTHER AMOUNTS INCLUDED ON LINE 1 BUT NOT ON FORM 990, PART IX, LINE 25: RENTAL EXPENSE $654,204 STUDENT FINANCIAL AID (80,158,441) ------------- $ (79,504,237)
SCHEDULE D, PART XII, LINE 4BOTHER AMOUNTS INCLUDED ON FORM 990, PART IX, LINE 25, BUT NOT ON LINE 1: STUDENT FINANCIAL AID $80,158,441

Schedule E IRS990ScheduleE

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

Supplemental Information Detail SupplementalInformationDetail (2 entries)

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

Schedule F IRS990ScheduleF

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

Account Activities Outside US AccountActivitiesOutsideUSGrp (14 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Europe (Including Iceland and Greenland)12Program ServicesSTUDY ABROAD PROGRAM$5,820,422
East Asia and the PacificProgram ServicesSTUDY ABROAD PROGRAM$537,848
Central America and the CaribbeanProgram ServicesSTUDY ABROAD PROGRAM$43,563
Sub-Saharan AfricaProgram ServicesSTUDY ABROAD PROGRAM$8,152
Central America and the CaribbeanGrantmaking$430,118
East Asia and the PacificGrantmaking$351,251
Europe (Including Iceland and Greenland)Grantmaking$1,216,330
North AmericaGrantmaking$1,770,080
South AmericaGrantmaking$311,395
South AsiaGrantmaking$462,595
Sub-Saharan AfricaGrantmaking$73,175
Middle East and North AfricaGrantmaking$321,388
Central America and the CaribbeanInvestments$33,612,774
Europe (Including Iceland and Greenland)Investments$2,242,459
FieldValueIRS element (for citing)
Subtotal Offices1SubtotalOfficesCnt
Subtotal Employees2SubtotalEmployeesCnt
Total Office1TotalOfficeCnt
Total Employee2TotalEmployeeCnt
Subtotal Spent$47,201,550SubtotalSpentAmt
Total Spent$47,201,550TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (8 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmt
SCHOLARSHIPCentral America and the Caribbean9$430,118
SCHOLARSHIPEast Asia and the Pacific16$351,251
SCHOLARSHIPEurope (Including Iceland and Greenland)28$1,216,330
SCHOLARSHIPNorth America36$1,770,080
SCHOLARSHIPSouth America8$311,395
SCHOLARSHIPSouth Asia20$462,595
SCHOLARSHIPSub-Saharan Africa2$73,175
SCHOLARSHIPMiddle East and North Africa6$321,388
FieldValueIRS element (for citing)
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

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

Schedule G IRS990ScheduleG

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

Fundraiser Activity Info FundraiserActivityInfoGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndGross ReceiptsGrossReceiptsAmtRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
RUFFALO CODY
PO BOX 718DES MOINESIA503030718EXTERNAL DBfalse$220,680$32,242$188,438
COMMUNITY COUNSELING SERV
PO BOX 824885PHILADELPHIAPA191824885CAMPAIGN CONSULTINGfalse$336,885-$336,885
GIVECAMPUS INC
903 G ST SEWASHINGTONDC20003EXTERNAL WEBSITEfalse$219,798$9,941$209,857
FieldValueIRS element (for citing)
Total Gross Receipts$440,478TotalGrossReceiptsAmt
Total Retained By Contractors$379,068TotalRetainedByContractorsAmt
Total Net To Organization$61,410TotalNetToOrganizationAmt

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Alumni Awrd DinEvent1Nm
Gross Receipts Event1$690,726GrossReceiptsEvent1Amt
Charitable Contri Event1$585,976CharitableContriEvent1Amt
Gross Revenue Event1$104,750GrossRevenueEvent1Amt
Rent Facility Costs Event1$156,784RentFacilityCostsEvent1Amt
Food And Beverage Event1$511FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$48,736OtherDirectExpensesEvent1Amt
Other Events Total0OtherEventsTotalCnt
Gross Receipts Total$690,726GrossReceiptsTotalAmt
Charitable Contributions Tot$585,976CharitableContributionsTotAmt
Gross Revenue Total Events$104,750GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$156,784RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$511FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$48,736OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$206,031DirectExpenseSummaryEventsAmt
Net Income Summary-$101,281NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE G, PART I- PROFESSIONAL FUNDRAISING SERVICESFormAndLineReferenceDesc
Explanation- RUFFALO CODY: FAIRFIELD UNIVERSITY USES RUFFALO CODY, A PROVIDER OF FUNDRAISING SERVICES, SOFTWARE FOR ITS ANNUAL PHONEATHON. - COMMUNITY COUNSELING SERVICES, A STRATEGIC FUNDRAISING FIRM, PROVIDED ON-SITE TRAININGS TO FAIRFIELD UNIVERSITY IN-HOUSE PERSONNEL ON FUNDRAISING STRATEGIES, PLANNING, MANAGING, AS WELL AS IMPLEMENTING PROGRAMS THAT ACHIEVE FUNDRAISING GOALS.ExplanationTxt

Schedule I IRS990ScheduleI

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

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

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
INSTITUTIONAL SCHOLARSHIPS6095$59,552,974
ATHLETIC SCHOLARSHIPS281$6,728,860
STATE AND FEDERAL GRANTS351$607,400
PREP SCHOOL FINANCIAL AID251$2,485,443
OTHER FINANCIAL AID581$5,847,432

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PART I, LINE 1AFormAndLineReferenceDesc
ExplanationTHE UNIVERSITY OFFERS FINANCIAL ASSISTANCE IN THE FORM OF LOANS, GRANTS, EMPLOYMENT (WORK STUDY) AND SCHOLARSHIPS. THE AWARDS ARE AWARDED TO STUDENTS MEETING CERTAIN ELIGIBILITY REQUIREMENTS. THE PROGRAMS ARE ADMINISTERED BY THE FINANCIAL AID OFFICE WHICH HAS VARIOUS INTERNAL CONTROLS IN PLACE TO MONITOR THE AMOUNT OFFERED TO STUDENTS. AN ANNUAL UNIFORM GUIDANCE AUDIT IS CONDUCTED FOR THE FINANCIAL AID PROGRAMS AND THE FISAP REPORT IS PREAPRED ANNUALLY FOR THE DEPARTMENT OF EDUCATION. AMOUNTS OF AID AWARDED ARE CREDITED TO STUDENT ACCOUNTS AND NOT SENT DIRECTLY TO STUDENTS.ExplanationTxt

Schedule J IRS990ScheduleJ

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

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtBonus Filing OrganizationBonusFilingOrganizationAmountOther Compensation Filing OrgOtherCompensationFilingOrgAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmt
MARK NEMEC
PRESIDENT (AS OF 7-1-17)$240,000$45,000$114,845$21,600$28,854$450,299
MICHAEL TRAFECANTE
TREASURER$248,607$22,130$62,274$333,011
KEVIN LAWLOR
EXECUTIVE VICE PRESIDENT$353,465$24,300$121,446$499,211
LYNN BABINGTON
FORMER INTERIM-PRESIDENT$225,794$18,000$21,646$265,440
THOMAS PELLEGRINO
VICE PRESIDENT$213,546$19,737$33,612$266,895
WALTER HALAS
VP ADVANCEMENTS$260,036$23,998$36,078$320,112
SYDNEY JOHNSON
HEAD MBB COACH$539,232$24,300$49,688$613,220
JOSEPH FRAGER
HEAD WBB COACH$220,992$20,348$57,836$299,176
CHRISTINE SIEGEL
PROVOST & SR VP ACADEMICS$279,094$16,595$35,120$330,809
MARK LIGAS
ACTING DEAN$158,859$14,716$56,589$230,164
DONALD GIBSON
VICE PROVOST/ AVP ACADEMIC$222,018$18,200$36,210$276,428
JOHNATHAN CARROLL
CHIEF INFORMATION OFFICER$265,383$21,964$37,268$324,615
YOHURU WILLIAMS
FORMER DEAN COLLEGE OF A&S$112,500$8,490$42,880$163,870

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE J, PART I, LINE 1AFormAndLineReferenceDesc
ExplanationTHE UNIVERSITY PROVIDED TEMPORARY HOUSING FOR THE PRESIDENT WHILE THE PERMANENT RESIDENCE WAS UNDERGOING RENOVATION. THE VALUE OF THAT HOUSING ALLOWANCE IS INCLUDED IN COLUMN D. PERSONAL SERVICES: CLEANING SERVICES ARE PROVIDED FOR THE PRESIDENT'S HOUSE AS UNIVERSITY EVENTS ARE CONDUCTED THERE. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: THE PRESIDENT RECEIVED MEMBERSHIP TO A CLUB FOR THE PURPOSE OF ENTERTAINING POTENTIAL DONORS. ALL AMOUNTS ARE INCLUDED IN NON-TAXABLE BENEFITS IN SCHEDULE J, PART II, COLUMN (D).ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
CHEFA 2010 Series P
A06080618620774UY412010-03-17$11,573,281CURRENT REFUNDING OF 1998 BONDfalsefalsefalse
CHEFA 2016 Series Q-1
B06080618620774YYR22016-02-25$53,583,942CONSTRUCTION OF VARIOUS FACILITIESfalsefalsefalse
CHEFA 2016 Series Q-2
C06080618620774YZH32016-03-30$20,006,907PARTIALLY REFUND CHEFA SERIES 2008falsefalsefalse
CHEFA 2017 Series R
D06080618620774Y3812017-12-20$121,950,419REFUND CHEFA SERIES O; CONSTRUCTIOfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtCurrent RefundingCurrentRefundingIndAdvance RefundingAdvanceRefundingIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$3,168,772$0$11,573,281$0$0$0$116,497$0$0$0$10,391,034$841,549Yes (true)falseYes (true)Yes (true)
B$1,041,430$0$53,583,942$0$3,138,393$0$525,083$0$0$48,405,405$0$1,515,061falsefalsefalseYes (true)
C$543,411$0$20,006,907$0$0$0$291,476$0$0$0$19,715,431$0falseYes (true)falseYes (true)
D$846,489$0$121,950,419$0$0$81,141,467$808,952$0$0$4,293,624$0$35,706,376falseYes (true)falseYes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdIndEngage Bond Counsel ResearchEngageBondCounselResearchInd
AfalsefalseYes (true)Yes (true)false00.026100.02610falsefalsefalseYes (true)
BfalsefalseYes (true)Yes (true)false00.000000.00000falsefalsefalseYes (true)
CfalsefalseYes (true)Yes (true)Yes (true)00.001100.00110falsefalsefalseYes (true)Yes (true)
DfalsefalseYes (true)Yes (true)false0falsefalsefalseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndBusiness Name Line1GICProviderName/BusinessNameLine1TxtGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
0
AfalsefalsefalseYes (true)falsefalsefalse0falseYes (true)
0
BfalseYes (true)falsefalsefalsefalsefalse0falseYes (true)
0
CfalseYes (true)falsefalsefalsefalsefalse0falseYes (true)
0
DfalseYes (true)falsefalsefalsefalsefalse0falseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

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

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE K PART II, LINE 11CHEFA 2018 SERIES S BOND: THE OTHER SPEND PROCEEDS WERE USED TO CURRENTLY REFUND THE 2008 SERIES M AND SERIES N BOND ISSUES. CHEFA 2016 SERIES Q-2 BOND: THE OTHER SPENT PROCEEDS WERE USED TO ADVANCE REFUND A PORTION OF THE SERIES M BOND ISSUE. CHEFA 2010 SERIES P: THE OTHER SPENT PROCEEDS WERE USED TO CURRENTLY REFUND THE 2010 SERIES F BOND ISSUE. SCHEDULE K, PART III, LINE 3A MANAGEMENT AND SERVICE CONTRACTS: ALL MANAGEMENT AND SERVICE CONTRACTS IN BOND FINANCED SPACE HAVE BEEN PREVIOUSLY REVIEWED BY BOND COUNSEL. THEY WERE DETERMINED TO FALL UNDER THE SAFE HARBOR PROVIDED BY REVENUE PROCEDURE 2007-17 AND WILL NOT RESULT IN PRIVATE BUSINESS USE.
SCHEDULE K, PART III, LINE 3CRESEARCH AGREEMENTS: RESEARCH AGREEMENTS RELATING TO THE BONDS ISSUE S AND Q2 HAVE BEEN REVIEWED BY BOND COUNSEL TO ENSURE THEY ARE COMPLIANT WITH THE APPLICABLE SAFE HARBORS. THE RESEARCH AGREEMENTS DID NOT RESULT IN ANY PRIVATE BUSINESS USE.
SCHEDULE K, PART IV, LINE 2CTHE DATE OF MOST RECENT REBATE CALCULATION FOR THE CHEFA 2010 SERIES P BOND ISSUES WAS MARCH 17, 2015.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1CHEFA 2018 SERIES SBusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN060806186BondIssuerEIN
CUSIP20774Y3Y1CUSIPNum
Bond Issued2018-04-04BondIssuedDt
Issue Price$75,309,545IssuePriceAmt
PurposeREFUND CHEFA SERIES M & NPurposeDesc
DefeasedfalseDefeasedInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Pool FinancingfalsePoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Retired$0RetiredAmt
Bond Defeased$0BondDefeasedAmt
Total Proceeds$75,309,545TotalProceedsAmt
In Reserve Fund$8,718InReserveFundAmt
Capitalized Interest$0CapitalizedInterestAmt
Refunding Escrow$0RefundingEscrowAmt
Issuance Costs From Proceeds$554,389IssuanceCostsFromProceedsAmt
Credit Enhancement$0CreditEnhancementAmt
Working Capital Expenditures$0WorkingCapitalExpendituresAmt
Capital Expenditures$0CapitalExpendituresAmt
Other Spent Proceeds$74,746,438OtherSpentProceedsAmt
Unspent$0UnspentAmt
Substantial Completion2018SubstantialCompletionYr
Current RefundingYes (true)CurrentRefundingInd
Advance RefundingfalseAdvanceRefundingInd
Final Allocation MadeYes (true)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (true)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed PropertyfalseOwningBondFinancedPropertyInd
Any Lease ArrangementsfalseAnyLeaseArrangementsInd
Mgmt Contract Bond Fincd PropYes (true)MgmtContractBondFincdPropInd
Engage Bond Counsel ContractsYes (true)EngageBondCounselContractsInd
Any Research AgreementsfalseAnyResearchAgreementsInd
Private Bus Use By Others0PrivateBusUseByOthersPct
Private Bus Concerning UBI0.02590PrivateBusConcerningUBIPct
Total Private Business Use0.02590TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt TestfalseBondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed PropfalseChangeInUseBondFinancedPropInd
Remedial Action TakenfalseRemedialActionTakenInd
Procs Nonqualified Bond RemdtdYes (true)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T FiledfalseForm8038TFiledInd
Rebate Not Due YetYes (true)RebateNotDueYetInd
Exception To RebatefalseExceptionToRebateInd
No Rebate DuefalseNoRebateDueInd
Variable Rate IssuefalseVariableRateIssueInd
Hedge Identified In Bks And RecfalseHedgeIdentifiedInBksAndRecInd

Hedge Provider Name HedgeProviderName

FieldValueIRS element (for citing)
Business Name Line10BusinessNameLine1Txt
FieldValueIRS element (for citing)
Gross Proceeds Invested In GICfalseGrossProceedsInvestedInGICInd

GIC Provider Name GICProviderName

FieldValueIRS element (for citing)
Business Name Line10BusinessNameLine1Txt
FieldValueIRS element (for citing)
Gross Proceeds InvestedfalseGrossProceedsInvestedInd
Written Proc To Monitor ReqsYes (true)WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

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

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution73ContributionCnt
Method Of Determining RevenuesAPPRAISALMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Art Historical TreasuresArtHistoricalTreasuresGrp
Art Fractional InterestArtFractionalInterestGrp
Books And PublicationsBooksAndPublicationsGrp
Clothing And Household GoodsClothingAndHouseholdGoodsGrp
Cars And Other VehiclesCarsAndOtherVehiclesGrp
Boats And PlanesBoatsAndPlanesGrp
Intellectual PropertyIntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution63ContributionCnt
Noncash Contributions Rpt F990$3,818,990NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust IntrstsSecurPrtnrshpTrustIntrstsGrp
Securities MiscellaneousSecuritiesMiscellaneousGrp
Qualified Contrib Hist StructQualifiedContribHistStructGrp
Qualified Contrib OtherQualifiedContribOtherGrp
Real Estate ResidentialRealEstateResidentialGrp
Real Estate CommercialRealEstateCommercialGrp
Real Estate OtherRealEstateOtherGrp
CollectiblesCollectiblesGrp
Food InventoryFoodInventoryGrp
Drugs And Medical SuppliesDrugsAndMedicalSuppliesGrp
TaxidermyTaxidermyGrp
Historical ArtifactsHistoricalArtifactsGrp
Scientific SpecimensScientificSpecimensGrp
Archaeological ArtifactsArchaeologicalArtifactsGrp

Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Strain gauges164$23,1920
Yes (X)Gift Cards130$1,8120
Yes (X)Piano1$2,5000
FieldValueIRS element (for citing)
Form8283 Received2Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsfalseReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

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

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 1A FAIRFIELD UNIVERSITY EDUCATION HAS BECOME MORE INTEGRATED IN FOCUS, MORE GLOBAL IN OUTLOOK, AND MORE INTENTIONAL IN ITS STRUCTURE THAN EVER BEFORE IN THE JESUIT TRADITION. WE ARE COMMITTED TO CREATING A STUDENT-FOCUSED, HOLISTIC, AND DIVERSE EDUCATIONAL ENVIRONMENT INTENDED TO EDUCATE THE WHOLE PERSON, MIND, BODY AND SPIRIT. WE WANT TO CULTIVATE IN BOTH OUR UNDERGRADUATE AND GRADUATE STUDENTS A SENSE OF COMMUNITY AND STRONG ETHICAL AND SPIRITUAL VALUES TO GUIDE THEM ON THEIR PATHS INTO THE FUTURE.
FORM 990, PART III, LINE 4AFAIRFIELD UNIVERSITY IS AN INSTITUTION OF HIGHER LEARNING WITH UNDERGRADUATE, GRADUATE AND CONTINUING EDUCATION ACADEMIC PROGRAMS INCLUDING STUDENTS RESIDING ON CAMPUS. FULL-TIME EQUIVALENT ENROLLMENT FOR THE 2017-2018 ACADEMIC YEAR WAS 3,957 UNDERGRADUATES AND 677 GRADUATE STUDENTS WITH APPROXIMATELY 2,860 STUDENTS LIVING IN ON-CAMPUS RESIDENCES. ALSO INCLUDED IN OUR PROGRAM SERVICES IS A SECONDARY PREPARATORY SCHOOL WITH AN ENROLLMENT OF APPROXIMATELY 820 STUDENTS. FAIRFIELD UNIVERSITY WELCOMED 994 MEMBERS OF THE CLASS OF 2021 AND 52 TRANSFER STUDENTS TO CAMPUS IN THE FALL OF 2017. THE CLASS OF 2021 IS A STRONG CLASS, WITH AN AVERAGE SAT SCORE OF 1250 UNDER THE NEW SCORING SYSTEM, SLIGHTLY HIGHER THAN THAT OF THE CLASS OF 2020. CONTINUED REFINEMENT OF THE FINANCIAL AID PROCESS AS WELL AS ENHANCEMENTS TO CAMPUS PROGRAMMING AND FOLLOW UP COMMUNICATION EFFORTS RESULTED IN A CLASS THAT EXCEEDED OUR BUDGETED GOALS. RECOGNITION OF QUALITY AND VALUE: IN 2018, U.S. NEWS & WORLD REPORT NAMED FAIRFIELD THE NUMBER ONE RANKED UNIVERSITY IN THE NORTHERN REGION, AND THE PRINCETON REVIEW INCLUDED FAIRFIELD AMONG THE TOP SCHOOLS WITH EXCEPTIONAL RETURN ON INVESTMENT, SOMETHING ONLY 7% OF THE NATION'S FOUR-YEAR COLLEGES CAN BOAST. ADDITIONALLY, ACCORDING TO COLLEGE SCORECARD, FAIRFIELD GRADUATES HAVE THE SECOND HIGHEST STARTING SALARY IN CONNECTICUT, SECOND ONLY TO YALE, AND MONEY MAGAZINE PLACED FAIRFIELD AMONG THE TOP 100 PRIVATE UNIVERSITIES AND IN THE TOP 10 MOST TRANSFORMATIVE UNIVERSITIES. SEVERAL PROGRAMS ACROSS THE UNIVERSITY ARE IN COLLEGE FACTUAL'S TOP 5% IN THE COUNTRY, INCLUDING MARKETING, NURSING, ACCOUNTING, LIBERAL ARTS, AND MANAGEMENT. FAIRFIELD HAS ALSO BEEN RECOGNIZED BY THE FOLLOWING PUBLICATIONS AND ORGANIZATIONS: WALL STREET JOURNAL/TIMES HIGHER EDUCATION BEST COLLEGES, FORBES MAGAZINE'S AMERICAN'S TOP COLLEGEs, KIPLNGER'S PERSONAL FINANCE "35 BEST COLLEGE VALUES," BLOOMBERG BUSINESS WEEK'S LIST OF BEST UNDERGRADUATE BUSINESS SHOOLS, NEW YORK TIMES' "TOP COLLEGES DOING THE MOST FOR THE AMERICAN DREAM,THE CHRONICLE OF HIGHER EDUCATION'S LIST OF "COLLEGES WITH THE GREATEST RESEARCH-AND-DEVELOPMENT SPENDING IN THE HUMANITIES, FY2016." THE FAIRFIELD STAGS CONTINUE TO DEMONSTRATE PROWESS ON BOTH THE FIELD AND IN THE CLASSROOM IN DATA RELEASED BY THE NATIONAL COLLEGIATE ATHLETIC ASSOCIATION: FAIRFIELD IS TIED WITH MANHATTAN FOR THE HIGHEST GRADUATION SUCCESS RATE (GSR) IN THE METRO ATLANTIC ATHLETIC CONFERENCE (MAAC), AND AMONG THE TOP 24 SCHOOLS IN THE NATION. FAIRFIELD HAD A GSR OF 97 PERCENT WITH 12 SPORTS AT FAIRFIELD UNIVERSITY ACHIEVING A 100% GRADUATION RATE.
FORM 990, PART III, LINE 4BAUXILIARY SERVICES INCLUDE THE COSTS OF ROOM AND BOARD FOR APPROXIMATELY 2,860 FULL-TIME UNDERGRADUATE STUDENTS LIVING ON CAMPUS IN RESIDENCE HALLS, TOWNHOUSES, AND APARTMENT COMPLEXES RESIDING ON A 200 ACRE CAMPUS. GRADUATE STUDENT HOUSING IS ALSO OFFERED IN INDEPENDENT OFF-CAMPUS HOUSES, AND IN AN APARTMENT STYLE RESIDENCE HALL
FORM 990, PART VI, SECTION B, LINE 11:IT IS THE POLICY OF FAIRFIELD UNIVERSITY THAT EACH VOTING MEMBER OF THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES IS PRESENTED WITH A COPY OF THE COMPLETED IRS FORM 990 BEFORE IT IS FILED WITH THE IRS. FORM 990 IS REVIEWED AND APPROVED BY THE VICE PRESIDENT FOR FINANCE BEFORE IT IS FORWARDED TO THE FINANCE AND AUDIT COMMITTEE.
FORM 990, PART VI SECTION B, LINE 12CMEMBERS OF THE BOARD OF TRUSTEES ARE ASKED TO SIGN A CONFLICT OF INTEREST STATEMENT. THE STATEMENT SHALL BE SIGNED ANNUALLY BY EACH BOARD MEMBER AS A CONDITION OF MEMBERSHIP ON THE BOARD OF TRUSTEES. EACH TRUSTEE IS EXPECTED TO DISCLOSE IN WRITING TO THE CHAIRMAN OF THE BOARD ALL SITUATIONS IN WHICH CONFLICTS MIGHT EXIST, OR APPEAR TO EXIST. CONFLICT OF INTEREST STATEMENTS ARE COLLECTED AND REVIEWED BY THE CHIEF OF STAFF. NO TRUSTEE HAVING INTERESTS CONFLICTING WITH THE INTERESTS OF THE UNIVERSITY OR APPEARING SO SHALL TAKE PART IN THE DELIBERATIONS OR VOTES OF THE BOARD INVOLVING THE QUESTION CONCERNING THE CONFLICT NOR SEEK TO INFLUENCE THE OTHER TRUSTEES ON THAT QUESTION.
FORM 990, PART VI, SECTION B, LINE 15a and 15b:THE REVIEW PROCESS INCLUDES ALL OF THESE ELEMENTS (1) REVIEW AND APPROVAL BY THE BOARD OF TRUSTEES - COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES OF FAIRFIELD UNIVERSITY, PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL (2) USE OF DATA AS TO COMPARABLE COMPENSATION-THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED UNIVERSITIES. THE FOLLOWING METHODS HAVE BEEN USED A. REVIEW BY AN INDEPENDENT THIRD PARTY; B. CONDUCT MARKET ASSESSMENT OF SALARIES; AND C. EVALUATE THE APPROPRIATENESS OF THE CURRENT SALARY STRUCTURE TO ENSURE THAT WE ARE AND REMAIN COMPETITIVE WITH THE MARKET, AS WELL AS REMAIN INTERNALLY EQUITABLE. (3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING -THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. COMPENSATION ARRANGEMENT. THE LAST TIME OF REVIEW WAS MARCH 2018 DURING THE BOARD MEETING.
FORM 990, PART VI, SECTION C, LINE 19:GOVERNING DOCUMENTS SUCH AS FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND WHISTLEBLOWER POLICY ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE AND ALSO BY REQUEST.
FORM 990, PART XI, LINE 9OTHER CHANGES IN NET ASSETS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT (1,487,784)