FURP.ORG / PUBLIC DATA EXPLORER

PACE UNIVERSITY: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
PACE UNIVERSITY (EIN 13-5562314)
Tax period
2017-07-01 to 2018-06-30
Filed
2019-03-21
IRS object ID
201930809349300813
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)
Return2019-03-21T13:42:47-05:00ReturnTs
Tax Period End2018-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PricewaterhouseCoopers LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1300 Madison AvenueAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10017ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN135562314EIN

Business Name BusinessName

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

US Address USAddress

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

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOSEPH CAPPARELLIPersonNm
Person TitleVP FIN, CNTRLLR, CCOPersonTitleTxt
Phone9149232402PhoneNum
Signature2019-03-21SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

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

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address155.201.188.33IPv4AddressTxt
FieldValueIRS element (for citing)
Federal Original Submission Id13049920190805000003FederalOriginalSubmissionId
Federal Original Submission Id2019-03-21FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id618ACE5A638F5610B23A87A01F7C418F45FC2D61AtSubmissionCreationDeviceId
At Submission Filing Device Id3B584E6C6EC03F54C23492763082C94E75791172AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARVIN KRISLOVPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE PACE PLAZAAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100381598ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$692,220,999GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.PACE.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1906FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionPACE UNIVERSITY CONSIDERS TEACHING AND LEARNING ITS PRIORITY. PACE IS COMMITTED TO THE NEEDS OF ITS QUALIFIED AND DIVERSE STUDENT POPULATION.ActivityOrMissionDesc
Voting Members Governing Body28VotingMembersGoverningBodyCnt
Voting Members Independent26VotingMembersIndependentCnt
Total Employee5762TotalEmployeeCnt
Total Volunteers628TotalVolunteersCnt
Total Gross UBI-$14,263TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$30,711NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$20,620,746PYContributionsGrantsAmt
CY Contributions Grants$24,405,961CYContributionsGrantsAmt
PY Program Service Revenue$519,217,550PYProgramServiceRevenueAmt
CY Program Service Revenue$537,447,642CYProgramServiceRevenueAmt
PY Investment Income$34,628,609PYInvestmentIncomeAmt
CY Investment Income$15,995,076CYInvestmentIncomeAmt
PY Other Revenue$3,701,165PYOtherRevenueAmt
CY Other Revenue$3,638,638CYOtherRevenueAmt
PY Total Revenue$578,168,070PYTotalRevenueAmt
CY Total Revenue$581,487,317CYTotalRevenueAmt
PY Grants And Similar Paid$178,222,664PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$192,927,388CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$214,117,141PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$218,281,482CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$315,578PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$355,867CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$6,378,948CYTotalFundraisingExpenseAmt
PY Other Expenses$151,156,949PYOtherExpensesAmt
CY Other Expenses$158,673,593CYOtherExpensesAmt
PY Total Expenses$543,812,332PYTotalExpensesAmt
CY Total Expenses$570,238,330CYTotalExpensesAmt
PY Revenues Less Expenses$34,355,738PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$11,248,987CYRevenuesLessExpensesAmt
Total Assets BOY$662,792,765TotalAssetsBOYAmt
Total Assets EOY$683,334,762TotalAssetsEOYAmt
Total Liabilities BOY$387,737,365TotalLiabilitiesBOYAmt
Total Liabilities EOY$394,183,840TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$275,055,400NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$289,150,922NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionPACE UNIVERSITY EDUCATES STUDENTS TO BE "THINKING PROFESSIONALS", HIGHLY SOUGHT AFTER AS INNOVATORS AND SUCCESSFUL LEADERS WHO POSITIVELY IMPACT TWENTY-FIRST CENTURY SOCIETY.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$133,946,155ExpenseAmt
Grant$0GrantAmt
Revenue$460,235,310RevenueAmt
DescINSTRUCTIONAL - TO PROVIDE PERSONNEL, SUPPLIES, EQUIPMENT AND OTHER MATERIALS FOR THE INSTRUCTION OF FULL AND PART-TIME GRADUATE AND UNDERGRADUATE STUDENTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$192,927,388ExpenseAmt
Grant$192,927,388GrantAmt
Revenue$0RevenueAmt
DescSCHOLARSHIPS - TO PROVIDE STUDENTS WITH ACADEMIC AND/OR NEED-BASED TUITION ASSISTANCE.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$73,230,971ExpenseAmt
Grant$0GrantAmt
Revenue$68,386,237RevenueAmt
DescAUXILIARIES - TO MEET NON-INSTRUCTIONAL NEEDS OF STUDENTS SUCH AS DORMS AND CAFETERIA SERVICES.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (3 entries)

ExpenseExpenseAmtGrantGrantAmtRevenueRevenueAmtDescDesc
$52,974,933$0$4,595,149ACADEMIC SUPPORT
$46,966,363$0$4,230,946STUDENT SERVICES
$4,536,523$0$0RESEARCH
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$104,477,819TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$0TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$8,826,095TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$504,582,333TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
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 LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountYes (true)EscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With Officer EntYes (true)BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document571IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee5762EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members28GoverningBodyVotingMembersCnt
Independent Voting Member26IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonROBERT C ALMONPersonNm
Phone2123461227PhoneNum

US Address USAddress

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

Form990 Part VII Section A Form990PartVIISectionAGrp (62 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
PHOTEINE M ANAGNOSTOPOULOS
TRUSTEE1.00.0Yes (X)$0$0$0
MARK M BESCA
TRUSTEE1.00.0Yes (X)$0$0$0
PHILIP F BLESER
TRUSTEE1.00.0Yes (X)$0$0$0
JOHN C BYRNE
TRUSTEE, FT FACULTY MBR1.00.0Yes (X)$182,966$0$39,583
CHRISTOPHER A EDWARDS
TRUSTEE1.00.0Yes (X)$0$0$0
JOSEPH R FICALORA
TRUSTEE AS OF APRIL 20181.00.0Yes (X)$0$0$0
NANCY A GARVEY PHD
TRUSTEE1.00.0Yes (X)$0$0$0
JOHN A GERSON
TRUSTEE1.00.0Yes (X)$0$0$0
CYNTHIA GREER GOLDSTEIN
TRUSTEE1.00.0Yes (X)$0$0$0
BARRY M GOSIN
TRUSTEE1.00.0Yes (X)$0$0$0
BRIDGET-ANNE HAMPDEN
TRUSTEE1.00.0Yes (X)$0$0$0
LILIANE A HAUB
TRUSTEE1.00.0Yes (X)$0$0$0
JAMES E HEALEY
TRUSTEE THRU MAY 20181.00.0Yes (X)$0$0$0
JOSEPH IANNIELLO
TRUSTEE1.00.0Yes (X)$0$0$0
CHARLES MAK
TRUSTEE1.00.0Yes (X)$0$0$0
MARTIN MCELROY
TRUSTEE1.00.0Yes (X)$0$0$0
EDWARD F MURPHY
TRUSTEE THRU MAY 20181.00.0Yes (X)$0$0$0
JOHN T O'CONNOR
TRUSTEE1.00.0Yes (X)$0$0$0
DAVID J PECKER
TRUSTEE1.00.0Yes (X)$0$0$0
THOMAS J QUINLAN
TRUSTEE1.00.0Yes (X)$0$0$0
JACK J RIBEIRO
TRUSTEE1.00.0Yes (X)$0$0$0
ROBERT ROBOTTI
TRUSTEE1.00.0Yes (X)$0$0$0
JACK L SALZMAN
TRUSTEE1.00.0Yes (X)$0$0$0
ROBERT S SANDS
TRUSTEE AS OF APRIL 20181.00.0Yes (X)$0$0$0
IVAN G SEIDENBERG
TRUSTEE1.00.0Yes (X)$0$0$0
SHAUN E SMITH
TRUSTEE AS OF APRIL 20181.00.0Yes (X)$0$0$0
MARIE J TOULANTIS
TRUSTEE1.00.0Yes (X)$0$0$0
SUSAN S WALLACH
TRUSTEE1.00.0Yes (X)$0$0$0
RICHARD F ZANNINO
TRUSTEE1.00.0Yes (X)$0$0$0
STEPHEN J FRIEDMAN
PRESIDENT/TRUSTEE THRU 7/31/1740.00.0Yes (X)$579,796$0$42,089Yes (X)
MARVIN KRISLOV
TRUSTEE,PRESIDENT AS OF 8/1/1740.00.0Yes (X)$249,910$0$284,781Yes (X)
NIRA HERRMANN
INTERIM PROVOST THRU 6/30/1840.00.0$368,406$0$25,210Yes (X)
ROBERT C ALMON
EVP & CFO40.00.0$394,676$0$38,764Yes (X)
ROBINA C SCHEPP
VP FOR ENROLLMENT & PLACEMENT40.00.0$288,732$0$38,694Yes (X)
CINDY HEILBERGER
CORPORATE SECRETARY40.00.0$198,995$0$33,601Yes (X)
STEPHEN BRODSKY
LEGAL COUNSEL40.00.0$228,325$0$45,110Yes (X)
THOMAS M BRADY
TREASURER40.00.0$179,742$0$22,976Yes (X)
ELIZABETH GARTI
ASSOCIATE VP HR THRU 4/201840.00.0$186,808$0$16,845Yes (X)
MATTEO RENNA
VP FOR HUMAN RESOURCES40.00.0$178,733$0$55,737Yes (X)
JEAN C GALLAGHER
VP STRATEGIC INITIATIVES40.00.0$181,470$0$62,062Yes (X)
FREDERICA N WALD
VP UNIV RELATIONS THRU 12/201740.00.0$221,880$0$33,117Yes (X)
LEILA FRANCHI
VP UNIV RELATIONS AS OF 12/1740.00.0$143,450$0$100,862Yes (X)
NINA RESTUCCIA
INTERIM VP DEVEL THRU 4/201840.00.0$213,261$0$27,806Yes (X)
GARY LAERMER
VP DEV & ALUM RLTNS AS OF 4/1840.00.0$0$0$0Yes (X)
JOSEPH A CAPPARELLI
VP,CONTROLLER & CCO40.00.0$246,570$0$62,616Yes (X)
IBOIYLA YOLAS
VP UNIV FACILITIES40.00.0$191,136$0$38,589Yes (X)
PAUL DAMPIER
VP FOR IT & CIO40.00.0$252,874$0$21,537Yes (X)
JONATHAN HILL
DEAN, SEIDENBERG SCHOOL40.00.0$235,127$0$96,089Yes (X)
HARRIET R FELDMAN
DEAN, COLLEGE OF HEALTH PROFS40.00.0$300,635$0$50,364Yes (X)
XIAO-LEI WANG
DEAN SCHOOL OF EDUCATION40.00.0$150,891$0$55,780Yes (X)
HORACE ANDERSON
INTERIM DEAN, SCHOOL OF LAW40.00.0$176,170$0$65,833Yes (X)
DAVID S YASSKY
DEAN, SCHOOL OF LAW THRU 5/1840.00.0$342,744$0$62,146Yes (X)
RICHARD SCHLESINGER
INTERIM DEAN, DYSON COLLEGE40.00.0$235,050$0$58,309Yes (X)
NEAL S BRAUN
DEAN, LUBIN SCHOOL OF BUSINESS40.00.0$382,552$0$53,568Yes (X)
UDAY SUKHATME
FORMER PROVOST & EVP ACADEMIC40.00.0$330,619$0$37,325Yes (X)
ALAN EISNER
PROFESSOR, LUBIN SCHOOL40.00.0$288,003$0$31,537Yes (X)
IBRAIZ TARIQUE
PROFESSOR, LUBIN SCHOOL40.00.0$267,126$0$52,787Yes (X)
RUDOLPH JACOB
PROFESSOR, LUBIN SCHOOL40.00.0$262,805$0$40,111Yes (X)
DANIEL BAUGHER
PROFESSOR, LUBIN SCHOOL40.00.0$307,307$0$46,202Yes (X)
MARIE MALDONADO
FORMER INTERIM VP IT40.00.0$138,394$0$72,634Yes (X)
BETH GORDON
FORMER INTERIM VP IT40.00.0$140,863$0$33,375Yes (X)
MICHELLE S SIMON
FORMER DEAN, SCHOOL OF LAW40.00.0$257,960$0$31,145Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$8,303,976TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,777,184TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K453IndivRcvdGreaterThan100KCnt
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
Chartwells Dining Service
303 Crossways Park DriveWOODBURYNY11797Food$13,403,038
ABM JANITORIAL SERVICES NORTHEAST I
551 FIFTH AVENUE SUITE 300NEW YORKNY10176CLEANING$9,495,387
WINFIELD SECURITY CORP
57 WEST 38TH STREET 5TH FLOORNEW YORKNY10018SECURITY$5,682,240
Sciame Construction LLC
14 Wall Street 2nd FloorNEW YORKNY10005Construction$4,909,050
TMP Worldwide
125 Broad Street 10th FlNEW YORKNY10004Advertising and Comm$3,826,876
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K169CntrctRcvdGreaterThan100KCnt
Info In Schedule O Part VIIIYes (X)InfoInScheduleOPartVIIIInd
Fundraising$1,147,574FundraisingAmt
Government Grants$10,114,140GovernmentGrantsAmt
All Other Contributions$13,144,247AllOtherContributionsAmt
Noncash Contributions$4,554,266NoncashContributionsAmt
Total Contributions$24,405,961TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES900099$467,896,035$467,896,035
DORMITORY RENTALS900099$55,695,540$55,695,540
FOOD SERVICE REVENUE900099$12,690,697$12,690,697
ACADEMIC ACTIVITIES900099$877,164$877,164
BOOKSTORE COMMISSIONS900099$181,156$181,156

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$107,050TotalRevenueColumnAmt
Related Or Exempt Func Income$107,050RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$537,447,642TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,845,800TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$14,263UnrelatedBusinessRevenueAmt
Exclusion$3,860,063ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$130,407TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$130,407ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$84,945TotalRevenueColumnAmt
Exclusion$84,945ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$1,653,780RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$1,661,691RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$7,911RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$7,911TotalRevenueColumnAmt
Exclusion-$7,911ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$120,479,608SecuritiesAmt
Other$722OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$108,461,461SecuritiesAmt
Other$0OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$12,018,147SecuritiesAmt
Other$722OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$12,018,869TotalRevenueColumnAmt
Exclusion$12,018,869ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$276,307FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$1,147,575ContriRptFundraisingEventAmt
Fundraising Direct Expenses$610,530FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$334,223TotalRevenueColumnAmt
Exclusion-$334,223ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

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

Net Income Or Loss NetIncomeOrLossGrp

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

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
CONFERENCE CENTER AND OTHER REVENUE532310$3,387,256$3,387,256
ATHLETIC MEMBERSHIP900099$504,200$504,200
FUNDS HELD BY TRUSTEES900099$4,371$4,371
FieldValueIRS element (for citing)
Other Revenue Total$3,895,827OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$581,487,317TotalRevenueColumnAmt
Related Or Exempt Func Income$537,447,642RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$14,263UnrelatedBusinessRevenueAmt
Exclusion$19,647,977ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$192,927,388TotalAmt
Program Services$192,927,388ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$6,862,598TotalAmt
Program Services$2,478,235ProgramServicesAmt
Management And General$3,982,880ManagementAndGeneralAmt
Fundraising$401,483FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$160,491,988TotalAmt
Program Services$136,952,905ProgramServicesAmt
Management And General$20,635,228ManagementAndGeneralAmt
Fundraising$2,903,855FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$11,064,757TotalAmt
Program Services$9,441,908ProgramServicesAmt
Management And General$1,422,649ManagementAndGeneralAmt
Fundraising$200,200FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$28,371,319TotalAmt
Program Services$24,210,147ProgramServicesAmt
Management And General$3,647,837ManagementAndGeneralAmt
Fundraising$513,335FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$11,490,820TotalAmt
Program Services$9,600,210ProgramServicesAmt
Management And General$1,665,136ManagementAndGeneralAmt
Fundraising$225,474FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$858,701TotalAmt
Program Services$229,284ProgramServicesAmt
Management And General$629,417ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$372,139TotalAmt
Management And General$372,139ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$4,859TotalAmt
Management And General$4,859ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$355,867TotalAmt
Fundraising$355,867FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,052,773TotalAmt
Management And General$1,052,773ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$12,266,193TotalAmt
Program Services$7,792,752ProgramServicesAmt
Management And General$3,615,610ManagementAndGeneralAmt
Fundraising$857,831FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$4,081,514TotalAmt
Program Services$3,443,104ProgramServicesAmt
Management And General$529,902ManagementAndGeneralAmt
Fundraising$108,508FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$9,041,443TotalAmt
Program Services$7,071,213ProgramServicesAmt
Management And General$1,874,770ManagementAndGeneralAmt
Fundraising$95,460FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$8,652,973TotalAmt
Program Services$3,220,258ProgramServicesAmt
Management And General$5,360,630ManagementAndGeneralAmt
Fundraising$72,085FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$66,710,482TotalAmt
Program Services$57,329,138ProgramServicesAmt
Management And General$9,381,344ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$5,198,544TotalAmt
Program Services$4,820,003ProgramServicesAmt
Management And General$303,956ManagementAndGeneralAmt
Fundraising$74,585FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$909,669TotalAmt
Program Services$665,636ProgramServicesAmt
Management And General$167,181ManagementAndGeneralAmt
Fundraising$76,852FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$9,320,561TotalAmt
Program Services$8,575,538ProgramServicesAmt
Management And General$745,023ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$17,706,176TotalAmt
Program Services$15,849,435ProgramServicesAmt
Management And General$1,856,741ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,382,094TotalAmt
Program Services$869,050ProgramServicesAmt
Management And General$513,044ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
MEAL COSTS,STUDENT ACTIVITIES$13,497,956$12,697,885$649,508$150,563
LIBRARY BOOKS PURCHASE$1,761,459$1,743,996$17,463$0
EQUIPMENT REPAIR,SERVICE EXP$2,738,649$2,252,520$486,129$0
ALL OTHER EXPENSES$3,117,408$2,411,728$362,830$342,850

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$570,238,330TotalAmt
Program Services$504,582,333ProgramServicesAmt
Management And General$59,277,049ManagementAndGeneralAmt
Fundraising$6,378,948FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

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

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$5,963,826BOYAmt
EOY$2,468,879EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$27,328,891BOYAmt
EOY$24,493,975EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$6,683,396BOYAmt
EOY$10,440,031EOYAmt

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$12,958,755BOYAmt
EOY$11,880,674EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

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

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,886,420BOYAmt
EOY$2,536,638EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$578,246,344LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$176,251,069LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$366,228,794BOYAmt
EOY$401,995,275EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$128,891,039BOYAmt
EOY$141,526,210EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$43,490,563BOYAmt
EOY$44,035,013EOYAmt

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$68,361,081BOYAmt
EOY$43,958,067EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$662,792,765BOYAmt
EOY$683,334,762EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$61,242,366BOYAmt
EOY$82,220,998EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$12,861,720BOYAmt
EOY$12,603,206EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$25,440,051BOYAmt
EOY$25,218,974EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$186,750,217BOYAmt
EOY$183,356,634EOYAmt

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$17,133,113BOYAmt
EOY$16,501,116EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

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

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$84,309,898BOYAmt
EOY$74,282,912EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$387,737,365BOYAmt
EOY$394,183,840EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$71,355,310BOYAmt
EOY$73,429,817EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$99,306,135BOYAmt
EOY$110,028,998EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$104,393,955BOYAmt
EOY$105,692,107EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$275,055,400BOYAmt
EOY$289,150,922EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$662,792,765BOYAmt
EOY$683,334,762EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$11,248,987ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$2,774,452NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$72,083OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

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

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Total Grassroots LobbyingTotalGrassrootsLobbyingGrp
Total Direct LobbyingTotalDirectLobbyingGrp
Total Lobbying ExpendTotalLobbyingExpendGrp
Other Exempt Purpose ExpendOtherExemptPurposeExpendGrp
Total Exempt Purpose ExpendTotalExemptPurposeExpendGrp
Lobbying Nontaxable AmountLobbyingNontaxableAmountGrp
Grassroots NontaxableGrassrootsNontaxableGrp
Tot Lbbyng Grassroot Mns Non TxTotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non TxTotLbbyExpendMnsLbbyngNonTxGrp
VolunteersfalseVolunteersInd
Paid Staff Or ManagementYes (true)PaidStaffOrManagementInd
Media AdvertisementsfalseMediaAdvertisementsInd
Mailings MembersfalseMailingsMembersInd
Publications Or BroadcastfalsePublicationsOrBroadcastInd
Grants Other OrganizationsfalseGrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (true)DirectContactLegislatorsInd
Direct Contact Legislators$4,859DirectContactLegislatorsAmt
Rallies DemonstrationsfalseRalliesDemonstrationsInd
Other ActivitiesYes (true)OtherActivitiesInd
Other Activities$4,650OtherActivitiesAmt
Total Lobbying Expenditures$9,509TotalLobbyingExpendituresAmt
Not Described Section501c3falseNotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

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

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Revenues Included$27RevenuesIncludedAmt
Assets Included$1AssetsIncludedAmt
FieldValueIRS element (for citing)
Held Works ArtHeldWorksArtGrp
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Solicited Assets SalefalseSolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

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

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$152,185,527BeginningYearBalanceAmt
Contributions$7,116,935ContributionsAmt
Investment Earnings Or Losses$23,124,908InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,887,831GrantsOrScholarshipsAmt
Other Expenditures$9,659,737OtherExpendituresAmt
End Year Balance$169,879,802EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$156,655,202BeginningYearBalanceAmt
Contributions$6,919,333ContributionsAmt
Investment Earnings Or Losses-$6,748,668InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,700,835GrantsOrScholarshipsAmt
Other Expenditures$1,939,505OtherExpendituresAmt
End Year Balance$152,185,527EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$157,282,075BeginningYearBalanceAmt
Contributions$1,056,014ContributionsAmt
Investment Earnings Or Losses$3,241,047InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,818,014GrantsOrScholarshipsAmt
Other Expenditures$2,105,920OtherExpendituresAmt
End Year Balance$156,655,202EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$137,634,274BeginningYearBalanceAmt
Contributions$1,661,201ContributionsAmt
Investment Earnings Or Losses$25,363,075InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,729,002GrantsOrScholarshipsAmt
Other Expenditures$4,647,473OtherExpendituresAmt
End Year Balance$157,282,075EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.05530BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.49860PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.44610TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgYes (true)EndowmentsHeldRelatedOrgInd
Related Org List Sch RYes (true)RelatedOrgListSchRInd

Land LandGrp

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

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$435,880,739InvestmentCostOrOtherBasisAmt
Depreciation$101,931,692DepreciationAmt
Book Value$333,949,047BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$32,596,263InvestmentCostOrOtherBasisAmt
Depreciation$18,137,847DepreciationAmt
Book Value$14,458,416BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$96,546,403InvestmentCostOrOtherBasisAmt
Depreciation$56,181,530DepreciationAmt
Book Value$40,364,873BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$769,614InvestmentCostOrOtherBasisAmt
Book Value$769,614BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$401,995,275TotalBookValueLandBuildingsAmt
Financial DerivativesFinancialDerivativesGrp
Closely Held Equity InterestsCloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (3 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
COMINGLED FUNDS$17,441,442F
ALT- INVESTMENTS- LONG/SHORT$9,399,614F
ALT- INVESTMENTS- LLP,LLC$17,193,957F
FieldValueIRS element (for citing)
Total Book Value Securities$44,035,013TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
FUNDS HELD BY BOND TRUSTEES$1,509,336
INVEST DESIGN FOR CONSTRUCTION$42,448,731
FieldValueIRS element (for citing)
Total Book Value Other Assets$43,958,067TotalBookValueOtherAssetsAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
DEFERRED RENTAL REVENUE$1,888,393
ACCRUED PSTRETIRE. BEN. OBLG.$65,759,242
ASSET RETIREMENT OBLIGATION$6,635,277
FieldValueIRS element (for citing)
Total Liability$74,282,912TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$392,625,913TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$2,774,451NetUnrealizedGainsInvstAmt
Other Revenue$72,083OtherRevenueAmt
Revenue Not Reported$2,846,534RevenueNotReportedAmt
Revenue Subtotal$389,779,379RevenueSubtotalAmt
Investment Expenses Not Incld$1,052,773InvestmentExpensesNotIncldAmt
Other Revenues Not Included$190,655,165OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$191,707,938RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$581,487,317TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$378,530,390TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$2,272,221OtherExpensesIncludedAmt
Expenses Not Reported$2,272,221ExpensesNotReportedAmt
Expenses Subtotal$376,258,169ExpensesSubtotalAmt
Investment Expenses Not Incld2$1,052,773InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$192,927,388OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$193,980,161ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$570,238,330TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PART III, LINE 3A - COLLECTION OF ARTPACE UNIVERSITY HAS SEVERAL ART GALLERIES BETWEEN ITS PLEASANTVILLE AND NEW YORK CITY CAMPUSES THAT SERVE THE GENERAL STUDENT POPULATION WITH COURSES AND EXHIBITIONS. DONATED ARTWORK INCLUDES PHOTOGRAPHS, PAINTINGS AND SCULPTURES AND IS DISPLAYED ON VARIOUS INTERIOR AND EXTERIOR CAMPUS LOCATIONS AND IN SPECIAL EXHIBITIONS DESIGNED TO PROVIDE VISUAL LITERACY AS PART OF THE UNIVERSITY LEARNING EXPERIENCE. AS THE VALUE OF SUCH ART COLLECTIONS IS NOT MATERIAL TO THE UNIVERSITY AS A WHOLE, THE FOOTNOTES TO THE UNIVERSITY'S FINANCIAL STATEMENTS DO NOT INCLUDE RELATED TEXT.
SCHEDULE D, PART V - INTENDED USES OF ENDOWMENT FUNDSTHE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 418 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, INCLUDING SUPPORT OF SCHOLARSHIPS, ACADEMIC PROGRAMS, ACADEMIC CHAIRS, STUDENT ACTIVITIES, RESEARCH, INSTITUTIONAL SUPPORT AND CAPITAL PROJECTS. OUR ENDOWMENT INCLUDES BOTH DONOR RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS (QUASI ENDOWMENTS). THE UNIVERSITY'S INVESTMENTS ARE MANAGED TO ACHIEVE THE MAXIMUM PRUDENT LONG TERM TOTAL RETURN. THE UNIVERSITY'S BOARD OF TRUSTEES HAS AUTHORIZED A POLICY DESIGNED TO PRESERVE THE VALUE OF THESE INVESTMENTS IN REAL TERMS (AFTER INFLATION) AND PROVIDE A PREDICTABLE FLOW OF FUNDS TO SUPPORT OPERATIONS.
SCHEDULE D, PART IX - OTHER ASSETSTHE BOARD OF TRUSTEES DESIGNATED FUNDS PRIMARILY FOR THE CONSTRUCTION OF A MASTER PLAN FOR THE CAMPUS LOCATED IN NEW YORK CITY. AS OF JUNE 30, 2018, THERE IS $42,448,731 IN INVESTMENTS DESIGNATED FOR CONSTRUCTION, WHICH INCLUDES $18,698,759 OF CASH AND CASH EQUIVALENTS. THE REMAINING BALANCE IS IN VARIOUS FIXED-INCOME SECURITIES (CONSISTING OF CERTIFICATES OF DEPOSITS AND CORPORATE BONDS) WITH MATURITIES OF LESS THAN FIVE YEARS.
SCHEDULE D, PART X - FEDERAL INCOME TAXINCOME GENERATED THAT IS UNRELATED TO THE UNIVERSITY'S EXEMPT PURPOSE IS SUBJECT TO TAX. THE UNIVERSITY BELIEVES IT DID NOT HAVE ANY MATERIAL TAX LIABILITY NOR ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR THE YEAR ENDING JUNE 30, 2018. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE UNIVERSITY'S FINANCIAL STATEMENTS.
SCH D, PART XI, LINE 2D-OTHER AMOUNTS INCLUDED IN BOOKS BUT NOT IN RETURNCHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT OF $72,083
SCH D, PART XI, LINE 4B-OTHER AMOUNTS INCLUDED IN RETURN BUT NOT IN BOOKSSCHOLARSHIPS OF $190,655,165
SCH D, PART XII, LN 2D-OTHER EXPENSES INCLUDED IN BOOKS BUT NOT IN RETURNSPECIAL EVENTS EXPENSE OF $610,530 AND RENT EXPENSE OF $1,661,691
SCH D, PART XII, LN 4B-OTHER EXPENSES INCLUDED IN RETURN BUT NOT IN BOOKSSCHOLARSHIPS OF $192,927,388

Schedule E IRS990ScheduleE

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

Supplemental Information Detail SupplementalInformationDetail (2 entries)

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

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (15 entries)

RegionRegionTxtEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
East Asia and the Pacific7Program ServicesRecruitment$68,908
Middle East and North AfricaProgram ServicesRecruitment$7,208
Europe (Including Iceland and Greenland)4Program ServicesRecruitment$618,366
North AmericaProgram ServicesRecruitment$628
South America1Program ServicesRecruitment$20,041
South Asia10Program ServicesRecruitment$245,723
Central America and the CaribbeanProgram ServicesStudy Abroad$44,877
East Asia and the PacificProgram ServicesStudy Abroad$33,485
Europe (Including Iceland and Greenland)Program ServicesStudy Abroad$396,709
South AsiaProgram ServicesStudy Abroad$4,700
East Asia and the PacificProgram ServicesConferences & Other$29,500
Europe (Including Iceland and Greenland)Program ServicesConferences & Other$76,801
Middle East and North AfricaProgram ServicesConferences & Other$5,000
South AmericaProgram ServicesConferences & Other$9,759
South AsiaProgram ServicesConferences & Other$39,665
FieldValueIRS element (for citing)
Subtotal Employees22SubtotalEmployeesCnt
Total Employee22TotalEmployeeCnt
Subtotal Spent$1,601,370SubtotalSpentAmt
Total Spent$1,601,370TotalSpentAmt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesYes (true)BoycottCountriesInd

Schedule G IRS990ScheduleG

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

Fundraiser Activity Info FundraiserActivityInfoGrp

FieldValueIRS element (for citing)
PersonRuffalo Noel LevitzPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11025 Kirkwood Parkway SWAddressLine1Txt
CityCedar RapidsCityNm
State AbbreviationIAStateAbbreviationCd
ZIP52404ZIPCd
FieldValueIRS element (for citing)
ActivityTelefundrai singActivityTxt
Fundraiser Control Of FundsfalseFundraiserControlOfFundsInd
Gross Receipts$149,243GrossReceiptsAmt
Retained By Contractor$355,867RetainedByContractorAmt
Net To Organization$206,624NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Gross Receipts$149,243TotalGrossReceiptsAmt
Total Retained By Contractors$355,867TotalRetainedByContractorsAmt
Total Net To Organization$206,624TotalNetToOrganizationAmt
Licensed StatesALLicensedStatesCd
Licensed StatesAKLicensedStatesCd
Licensed StatesARLicensedStatesCd
Licensed StatesCALicensedStatesCd
Licensed StatesCOLicensedStatesCd
Licensed StatesCTLicensedStatesCd
Licensed StatesDCLicensedStatesCd
Licensed StatesFLLicensedStatesCd
Licensed StatesGALicensedStatesCd
Licensed StatesHILicensedStatesCd
Licensed StatesILLicensedStatesCd
Licensed StatesKSLicensedStatesCd
Licensed StatesKYLicensedStatesCd
Licensed StatesLALicensedStatesCd
Licensed StatesMELicensedStatesCd
Licensed StatesMDLicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesMILicensedStatesCd
Licensed StatesMNLicensedStatesCd
Licensed StatesMSLicensedStatesCd
Licensed StatesMOLicensedStatesCd
Licensed StatesNVLicensedStatesCd
Licensed StatesNHLicensedStatesCd
Licensed StatesNJLicensedStatesCd
Licensed StatesNMLicensedStatesCd
Licensed StatesNYLicensedStatesCd
Licensed StatesNCLicensedStatesCd
Licensed StatesNDLicensedStatesCd
Licensed StatesOHLicensedStatesCd
Licensed StatesOKLicensedStatesCd
Licensed StatesORLicensedStatesCd
Licensed StatesPALicensedStatesCd
Licensed StatesRILicensedStatesCd
Licensed StatesSCLicensedStatesCd
Licensed StatesTNLicensedStatesCd
Licensed StatesUTLicensedStatesCd
Licensed StatesVALicensedStatesCd
Licensed StatesWALicensedStatesCd
Licensed StatesWVLicensedStatesCd
Licensed StatesWILicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1SOPAEvent1Nm
Gross Receipts Event1$701,644GrossReceiptsEvent1Amt
Charitable Contri Event1$592,551CharitableContriEvent1Amt
Gross Revenue Event1$109,093GrossRevenueEvent1Amt
Cash Prizes Event1$0CashPrizesEvent1Amt
Non Cash Prizes Event1$391NonCashPrizesEvent1Amt
Rent Facility Costs Event1$0RentFacilityCostsEvent1Amt
Food And Beverage Event1$129,615FoodAndBeverageEvent1Amt
Entertainment Event1$1,500EntertainmentEvent1Amt
Other Direct Expenses Event1$171,588OtherDirectExpensesEvent1Amt
Event2PWJCEvent2Nm
Gross Receipts Event2$208,096GrossReceiptsEvent2Amt
Charitable Contri Event2$170,656CharitableContriEvent2Amt
Gross Revenue Event2$37,440GrossRevenueEvent2Amt
Cash Prizes Event2$0CashPrizesEvent2Amt
Non Cash Prizes Event2$0NonCashPrizesEvent2Amt
Rent Facility Costs Event2$0RentFacilityCostsEvent2Amt
Food And Beverage Event2$37,495FoodAndBeverageEvent2Amt
Entertainment Event2$4,685EntertainmentEvent2Amt
Other Direct Expenses Event2$71,898OtherDirectExpensesEvent2Amt
Other Events Total12OtherEventsTotalCnt
Gross Receipts Other Events$514,142GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$384,368CharitableContriOtherEventsAmt
Gross Revenue Other Events$129,774GrossRevenueOtherEventsAmt
Cash Prizes Other Events$0CashPrizesOtherEventsAmt
Non Cash Prizes Other Events$3,567NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events$36,038RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$83,353FoodAndBeverageOtherEventsAmt
Entertainment Other Events$3,575EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$66,825OthDirectExpnssOtherEventsAmt
Gross Receipts Total$1,423,882GrossReceiptsTotalAmt
Charitable Contributions Tot$1,147,575CharitableContributionsTotAmt
Gross Revenue Total Events$276,307GrossRevenueTotalEventsAmt
Cash Prizes Total Events$0CashPrizesTotalEventsAmt
Non Cash Prizes Total Events$3,958NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$36,038RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$250,463FoodAndBeverageTotalEventsAmt
Entertainment Total Events$9,760EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$310,311OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$610,530DirectExpenseSummaryEventsAmt
Net Income Summary-$334,223NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient9784RecipientCnt
Non Cash Assistance$192,927,388NonCashAssistanceAmt
Valuation Method UsedBOOKValuationMethodUsedDesc
Non Cash AssistanceTUITION REDUCTIONNonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

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

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Payments For Use Of ResidenceYes (X)PaymentsForUseOfResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance 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 PaymentsYes (true)AnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (33 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JOHN C BYRNE
TRUSTEE, FT FACULTY MBR$182,966$0$0$0$0$0$14,646$0$24,937$0$222,549$0$0$0
STEPHEN J FRIEDMAN
PRESIDENT/TRUSTEE THRU 7/31/17$574,036$0$0$0$5,760$0$24,300$0$17,789$0$621,885$0$0$0
MARVIN KRISLOV
TRUSTEE,PRESIDENT AS OF 8/1/17$247,960$0$0$0$1,950$0$22,500$0$262,281$0$534,691$0$0$0
NIRA HERRMANN
INTERIM PROVOST THRU 6/30/18$366,894$0$0$0$1,512$0$24,300$0$910$0$393,616$0$0$0
UDAY SUKHATME
FORMER PROVOST & EVP ACADEMIC$329,143$0$0$0$1,476$0$24,300$0$13,025$0$367,944$0$0$0
ROBERT C ALMON
EVP & CFO$393,914$0$0$0$762$0$24,300$0$14,464$0$433,440$0$0$0
ROBINA C SCHEPP
VP FOR ENROLLMENT & PLACEMENT$288,474$0$0$0$258$0$24,300$0$14,394$0$327,426$0$0$0
CINDY HEILBERGER
CORPORATE SECRETARY$198,737$0$0$0$258$0$19,137$0$14,464$0$232,596$0$0$0
STEPHEN BRODSKY
LEGAL COUNSEL$228,325$0$0$0$0$0$28,016$0$17,094$0$273,435$0$0$0
THOMAS M BRADY
TREASURER$178,932$0$0$0$810$0$16,266$0$6,710$0$202,718$0$0$0
ELIZABETH GARTI
ASSOCIATE VP HR THRU 4/2018$186,058$0$0$0$750$0$15,935$0$910$0$203,653$0$0$0
MATTEO RENNA
VP FOR HUMAN RESOURCES$178,425$0$0$0$308$0$17,002$0$38,735$0$234,470$0$0$0
JEAN C GALLAGHER
VP STRATEGIC INITIATIVES$181,112$0$0$0$358$0$18,077$0$43,985$0$243,532$0$0$0
FREDERICA N WALD
VP UNIV RELATIONS THRU 12/2017$221,633$0$0$0$247$0$19,346$0$13,771$0$254,997$0$0$0
LEILA FRANCHI
VP UNIV RELATIONS AS OF 12/17$143,192$0$0$0$258$0$13,442$0$87,420$0$244,312$0$0$0
NINA RESTUCCIA
INTERIM VP DEVEL THRU 4/2018$212,470$0$0$0$791$0$19,753$0$8,053$0$241,067$0$0$0
JOSEPH A CAPPARELLI
VP,CONTROLLER & CCO$246,072$0$0$0$498$0$23,156$0$39,460$0$309,186$0$0$0
IBOIYLA YOLAS
VP UNIV FACILITIES$191,021$0$0$0$115$0$17,625$0$20,964$0$229,725$0$0$0
PAUL DAMPIER
VP FOR IT & CIO$252,511$0$0$0$363$0$0$0$21,537$0$274,411$0$0$0
MARIE MALDONADO
FORMER INTERIM VP IT$138,016$0$0$0$378$0$13,028$0$59,606$0$211,028$0$0$0
BETH GORDON
FORMER INTERIM VP IT$140,623$0$0$0$240$0$16,951$0$16,424$0$174,238$0$0$0
JONATHAN HILL
DEAN, SEIDENBERG SCHOOL$235,127$0$0$0$0$0$20,914$0$75,175$0$331,216$0$0$0
HARRIET R FELDMAN
DEAN, COLLEGE OF HEALTH PROFS$299,399$0$0$0$1,236$0$32,400$0$17,964$0$350,999$0$0$0
XIAO-LEI WANG
DEAN SCHOOL OF EDUCATION$150,453$0$0$0$438$0$15,120$0$40,660$0$206,671$0$0$0
HORACE ANDERSON
INTERIM DEAN, SCHOOL OF LAW$176,170$0$0$0$0$0$17,980$0$47,853$0$242,003$0$0$0
DAVID S YASSKY
DEAN, SCHOOL OF LAW THRU 5/18$342,606$0$0$0$138$0$24,300$0$37,846$0$404,890$0$0$0
RICHARD SCHLESINGER
INTERIM DEAN, DYSON COLLEGE$233,814$0$0$0$1,236$0$21,048$0$37,261$0$293,359$0$0$0
MICHELLE S SIMON
FORMER DEAN, SCHOOL OF LAW$256,814$0$0$0$1,146$0$29,580$0$1,565$0$289,105$0$0$0
NEAL S BRAUN
DEAN, LUBIN SCHOOL OF BUSINESS$381,790$0$0$0$762$0$24,300$0$29,268$0$436,120$0$0$0
ALAN EISNER
PROFESSOR, LUBIN SCHOOL$287,115$0$0$0$888$0$18,872$0$12,665$0$319,540$0$0$0
IBRAIZ TARIQUE
PROFESSOR, LUBIN SCHOOL$266,961$0$0$0$165$0$15,502$0$37,285$0$319,913$0$0$0
RUDOLPH JACOB
PROFESSOR, LUBIN SCHOOL$262,043$0$0$0$762$0$25,647$0$14,464$0$302,916$0$0$0
DANIEL BAUGHER
PROFESSOR, LUBIN SCHOOL$307,013$0$0$0$294$0$29,163$0$17,039$0$353,509$0$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
HOURS, PART VII AND SCHEDULE JCOMPENSATION TO TRUSTEE JOHN C. BYRNE IS BASED ON HIS RESPECTIVE FACULTY POSITION HELD AT PACE UNIVERSITY DURING CALENDAR 2017 AND IS NOT RELATED TO HIS POSITION AS TRUSTEE. THE AVERAGE HOURS PER WEEK DISCLOSED PERTAINS TO HIS POSITION AS TRUSTEE. COMPENSATION TO FORMER OFFICERS AND FORMER KEY EMPLOYEES IS BASED ON THEIR RESPECTIVE FACULTY POSITION HELD AT PACE UNIVERSITY DURING THE CALENDAR YEAR 2017. THE AVERAGE HOURS PER WEEK FOR FULL FACULTY POSITION IS 40 HOURS.
SCHEDULE J, PART I, LINE 1A AND 1BTHE PRESIDENT'S EMPLOYMENT CONTRACT PROVIDES AS A CONDITION OF HIS EMPLOYMENT AS PRESIDENT, THAT HE RESIDE IN CLOSE PROXIMITY TO ITS NYC CAMPUS FOR THE BENEFITS AND CONVENIENCE OF THE UNIVERSITY IN HAVING THE FUNCTIONS OF THE OFFICE OF THE PRESIDENT EFFICIENTLY DISCHARGED. THE PRESIDENT'S CONTRACT FURTHER REQUIRES FOR THE CONVENIENCE OF THE UNIVERSITY THAT HIS RESIDENCE BE AVAILABLE AND SHALL BE USED, FOR THE UNIVERSITY-RELATED BUSINESS AND ENTERTAINMENT ON A REGULAR AND CONTINUING BASIS. IN ADDITION, THE PRESIDENT'S CONTRACT PROVIDES THAT THE UNIVERSITY SHALL PAY FOR ALL MAINTENANCE AND OPERATING EXPENSES, INCLUDING GENERAL MAINTENANCE, HOUSEKEEPING, AND ALL UTILITIES INCLUDING TELEPHONE, CABLE, INTERNET, ELECTRIC, GAS, AND WATER. IN ACCORDANCE WITH THE PRESIDENT'S CONTRACT, THE UNIVERSITY HAS REIMBURSED HIM FOR QUALIFIED MOVING EXPENSES AND PAID FOR APARTMENT FURNISHINGS. THE UNIVERSITY ALSO PAYS FOR THE PRESIDENT'S USE OF A RECENT MODEL AUTOMOBILE AND A FULL TIME DRIVER TO ASSIST HIM IN IMPLEMENTING HIS DUTIES ON BEHALF OF THE UNIVERSITY, AS WELL AS ANNUAL DUES AND MEMBERSHIP FEES FOR SOCIAL CLUBS TO FACILITATE THE PRESIDENT'S FUNDRAISING, DEVELOPMENT AND RECRUITING EFFORTS ON BEHALF OF THE UNIVERSITY. THESE COSTS ARE TREATED AS NONTAXABLE BENEFITS TO THE PRESIDENT. SHORT TERM HOUSING ALLOWANCES ARE OCCASIONALLY PROVIDED PER INITIAL HIRING AGREEMENTS AND ARE TREATED AS TAXABLE COMPENSATION. CHAUFFEUR SERVICES ARE PROVIDED PER EMPLOYMENT CONTRACTS FOR UNIVERSITY BUSINESS; ANY PERSONAL TRAVEL EXPENSES ARE TREATED AS TAXABLE COMPENSATION TO THE RESPECTIVE OFFICER. SOCIAL CLUB DUES ARE PAID IN ACCORDANCE WITH INDIVIDUAL EMPLOYMENT CONTRACTS OR BUSINESS CONSIDERATIONS.
SCHEDULE J, PART I, LINE 7 - NON-FIXED PAYMENTSCERTAIN OFFICERS EARNED NON-FIXED PAYMENTS EITHER BASED ON SUCCESSFUL COMPLETION OF INDIVIDUAL/DIVISIONAL/UNIVERSITY WIDE STRATEGIC AND OPERATIONAL GOALS OR BASED ON ADDITIONAL RESPONSIBILITIES OR ROLES. ALL NON-FIXED PAYMENTS PAID BY PACE UNIVERSITY IN CALENDAR YEAR 2017 HAVE BEEN INCLUDED IN PART VII AND SCHEDULE J COMPENSATION REPORTING.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

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

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrCurrent RefundingCurrentRefundingIndAdvance RefundingAdvanceRefundingIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$15,410,000$1,315,000$104,905,530$0$0$0$957,351$0$0$33,195,484$70,752,695$02016Yes (true)falsefalseYes (true)
B$0$0$100,173,053$0$5,918,851$0$1,967,779$0$0$92,225,896$0$60,5272018falsefalsefalseYes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndEngage Bond Counsel ResearchEngageBondCounselResearchIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndChange In Use Bond Financed PropChangeInUseBondFinancedPropPctRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
AfalsefalseYes (true)Yes (true)Yes (true)Yes (true)0.000000.000000.00000falseYes (true)0.25200Yes (true)Yes (true)
BfalsefalseYes (true)Yes (true)Yes (true)Yes (true)0.000000.000000.00000falsefalse0.00000falseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndBusiness Name Line1GICProviderName/BusinessNameLine1TxtGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsIndNo Rebate DueNoRebateDueInd
0
AfalseYes (true)falsefalsefalse0Yes (true)Yes (true)
0
BfalseYes (true)falsefalse0falseYes (true)Yes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

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

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE K, PART I, LINE A, COLUMN(F)THE 2013 BONDS WERE ISSUED TO REFUND BONDS ISSUED ON BEHALF OF THE UNIVERSITY ON JUNE 1, 2005, WHICH 2005 BONDS IN TURN REFUNDED BONDS ISSUED IN 1997 AND 2000. THE 2013 BONDS WERE ALSO USED TO FINANCE CERTAIN UNIVERSITY NEW MONEY PROJECTS.
SCHEDULE K, PART II, LINE 3 BONDS PROCEEDS AND CURRENT VALUESTOTAL PROCEEDS OF ISSUE COLUMN A FOR THE DORMITORY AUTHORITY OF THE STATE OF NEW YORK BOND (DASNY) 2013A-- THE AMOUNT ON LINE 3 REPRESENTS ORIGINAL ISSUANCE COSTS OF $104,775,845 (INCLUDING $95,840,000 OF PRINCIPAL AND $8,935,845 OF PREMIUM) AND ACCUMULATED EARNINGS ON THE RELATED CONSTRUCTION FUND THROUGH JUNE 30, 2018 OF $129,685. THE OUTSTANDING PRINCIPAL IS $79,115,000 AS OF JUNE 30, 2018. FOR THE YEAR ENDED JUNE 30, 2016, THE UNIVERSITY SOLD A PROPERTY PARTIALLY FUNDED BY CERTAIN PROCEEDS OF THE DASNY BOND ISSUE. AS A RESULT, THE UNIVERSITY INITIATED A LEGAL DEFEASANCE WHERE $1,570,000 OF THE OUTSTANDING DASNY SERIES 2013A (TAX EXEMPT) BONDS AND RELATED INTEREST COSTS OF $397,391 WERE PLACED IN ESCROW IN ORDER TO PAY THE BOND HOLDERS UPON THEIR ORIGINAL MATURITY. THE DEFEASANCE RESULTED IN THE UNIVERSITY'S LEGAL RELEASE OF $1,570,000 OF THE BOND OBLIGATION. THE ONLY BONDS ALLOCABLE TO THE PROPERTY SOLD WERE THOSE ISSUED TO REFINANCE BONDS ORIGINALLY ISSUED PRIOR TO 2003. DASNY AND THE UNIVERSITY TOOK A REMEDIAL ACTION IN ACCORDANCE WITH SECTIONS 1.141-12 AND 1.145-2 OF THE REGULATIONS. FOR THE YEAR ENDED JUNE 30, 2017, THE UNIVERSITY SOLD A PROPERTY PARTIALLY FUNDED BY CERTAIN PROCEEDS OF THE DASNY BOND ISSUE. EXCEPT FOR AN AMOUNT THAT IS LESS THAN 1 PERCENT OF THE 2013 BONDS, THE 2013 BONDS ALLOCABLE TO THE PROPERTY SOLD WERE THOSE ISSUED TO REFINANCE BONDS ORIGINALLY ISSUED PRIOR TO 2003. DASNY AND THE UNIVERSITY TOOK AN 'ALTERNATIVE USE OF DISPOSITION PRECEEDS" REMEDIAL ACTION IN ACCORDANCE WITH SECTIONS 1.141-12 AND 1.145-2 OF REGULATIONS. COLUMN B FOR THE WESTCHESTER COUNTY LOCAL DEVELOPMENT CORPORATION BOND 2014A AND B THE AMOUNT ON LINE 3 REPRESENTS ORIGINAL ISSUANCE COST OF $100,590,000 LESS THE ORIGINAL DISCOUNT OF $593,190 PLUS THE ACCUMULATED EARNINGS OF $176,243. THE OUTSTANDING PRINCIPAL IS $100,590,000 AS OF JUNE 30, 2018.
SCHEDULE K, PART II, LINE 7 - ISSUANCE COSTS FROM PROCEEDSTHE AMOUNT IN LINE 7 IN COLUMNS A AND B REPRESENT COSTS OF ISSUANCE SUBJECT TO THE TWO PERCENT LIMIT OF CODE SECTION 147(G).
SCHEDULE K, PART II, LINE 13 - YEAR OF SUBSTANTIAL COMPLETIONCOLUMN A - THE SERIES 2013A DORMITORY AUTHORITY OF THE STATE OF NEW YORK BONDS WERE ISSUED AS MULTIPURPOSE BONDS IN ACCORDANCE WITH THE PROVISIONS OF SECTION 1.148-9(H) OF THE TREASURY REGULATIONS, PARTLY FOR THE PURPOSE OF REFUNDING THE 2005A BONDS, ORIGINALLY ISSUED PRIOR TO THE EFFECTIVE DATE OF PART III (REFUNDING PORTION), AS WELL AS FOR THE PURPOSE OF PROVIDING FUNDING FOR NEW CAPITAL PROJECTS (NEW MONEY). PART III IS THEREFORE ONLY COMPLETED FOR THE NEW MONEY. THE COMPLETION DATE IN PART II, LINE 13, AND THE "NO" ANSWER TO LINE 16, REFERS TO THE NEW MONEY PORTION.
SCHEDULE K, PART II, LINE 16 COLUMN ATHE ALLOCATION FOR THESE BONDS WAS FINALIZED WITH RESPECT TO THE ORIGINAL PROCEEDS, BUT DUE TO THE ASSET SALE AND ALTERNATIVE USE OF DISPOSITION PROCEEDS DESCRIBED ABOVE, THE ALLOCATION OF THE DISPOSITION PROCEEDS HAS NOT BEEN FINALIZED. COLUMN B - THE SERIES 2014A AND B WESTCHESTER COUNTY LOCAL DEVELOPMENT CORPORATION BONDS WERE ISSUED TO FINANCE THE UNIVERSITY'S DESIGN, RENOVATION, CONSTRUCTION, EQUIPPING, AND/OR FURNISHING CERTAIN FACILITIES INCLUDING TECHNOLOGY IMPROVEMENTS AND FUND THE COST OF THE BOND'S ISSUANCE AND INTEREST COST DURING THE CONSTRUCTION PERIOD. THEREFORE, PART III HAS BEEN COMPLETED FOR THE BOND'S PURPOSE OF FUNDING FOR NEW CAPITAL PROJECTS. A FINAL ALLOCATION FOR SERIES 2014 WILL BE COMPLETED WITHIN THE PERMITTED TIME FRAME.
SCHEDULE K, PART III, LINE 4 AND 5 - PRIVATE BUSINESS USETHE PERCENTAGE OF FINANCE PROPERTY USED IN A PRIVATE BUSINESS USE BY THE ENTITIES OTHER THAN A SECTION 501(C)(3) ORGANIZATION OR A STATE OR LOCAL GOVERNMENT AND THE PERCENTAGE OF FINANCED PROPERTY USED IN A PRIVATE BUSINESS USE AS A RESULT OF UNRELATED TRADE OR BUSINESS ACTIVITY CARRIES ON BY THE UNIVERSITY, ANOTHER 501(C)(3) ORGANIZATION OR STATE OR LOCAL GOVERNMENT, IS ZERO.
SCHEDULE K, PART IV, LINE 6 - ARBITRAGEIN CONNECTION WITH THE AFOREMENTIONED REMEDIAL ACTION AND LEGAL DEFEASANCE OF 2013A BONDS, FUNDS OF THE UNIVERSITY WERE INVESTED IN A YIELD RESTRICTED DEFEASANCE ESCROW, AND THUS WERE INVESTED BEYOND ANY APPLICABLE TEMPORARY PERIOD. COLUMN A LINE 2C- THE REBATE COMPUTATION WAS PERFORMED ON 3/7/2018.

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (17 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
SUBSTANTIAL CONTRIBUTOR
VENDOR$12,979,965FOOD SERVICESfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$20,873,637CONSTRUCTION SERVICESfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$7,950,042OFF SITE STUDENT HOUSINGfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$3,406,488UTILITIESfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$396,594AUDIT AND TAX SERVICESfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$749,353COMMUNICATION SERVICESfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$214,130LAND USE DEVELOPINGfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$306,528LEGAL SERVICESfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$411,750AUDIT SERVICESfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$9,205,656JANITORIAL SERVICESfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$156,905BOOKSfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$1,532,520INSURANCEfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$637,840COMPUTER SUPPORTfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$2,925,164ADVERTISING AND COMMUNICATIONSfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$486,418OFFICE SUPPLIESfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$5,690,386SECURITY SERVICESfalse
MEDHA U SUKHATMEENROLLMENT MGT
SPOUSE OF FORMER PROVOST$60,558COMPENSATION, FULL TIME STAFFfalse

Supplemental Information Detail SupplementalInformationDetail

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

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution27ContributionCnt
Noncash Contributions Rpt F990$27NoncashContributionsRptF990Amt
Method Of Determining RevenuesValued $1 per GiftMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Art Historical TreasuresArtHistoricalTreasuresGrp
Art Fractional InterestArtFractionalInterestGrp
Books And PublicationsBooksAndPublicationsGrp
Clothing And Household GoodsClothingAndHouseholdGoodsGrp
Cars And Other VehiclesCarsAndOtherVehiclesGrp
Boats And PlanesBoatsAndPlanesGrp
Intellectual PropertyIntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution23ContributionCnt
Noncash Contributions Rpt F990$4,491,620NoncashContributionsRptF990Amt
Method Of Determining RevenuesQuoted PricesMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust IntrstsSecurPrtnrshpTrustIntrstsGrp
Securities MiscellaneousSecuritiesMiscellaneousGrp
Qualified Contrib Hist StructQualifiedContribHistStructGrp
Qualified Contrib OtherQualifiedContribOtherGrp
Real Estate ResidentialRealEstateResidentialGrp
Real Estate CommercialRealEstateCommercialGrp
Real Estate OtherRealEstateOtherGrp
CollectiblesCollectiblesGrp
Food InventoryFoodInventoryGrp
Drugs And Medical SuppliesDrugsAndMedicalSuppliesGrp
TaxidermyTaxidermyGrp
Historical ArtifactsHistoricalArtifactsGrp
Scientific SpecimensScientificSpecimensGrp
Archaeological ArtifactsArchaeologicalArtifactsGrp

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Various items for Auction184$60,632Retail Value
Yes (X)Catering1$1,984Retail Value
FieldValueIRS element (for citing)
Form8283 Received1Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

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

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 REVIEW PROCESS, CORE FORM, PART VI, SECTION B, LINE 11ATHE FORM 990 IS PREPARED BY THE UNIVERSITY'S VICE PRESIDENT AND CONTROLLER AS ASSISTED BY VARIOUS OTHER STAFF MEMBERS IN THE FINANCE AND PLANNING DEPARTMENT. THE PREPARED FORM IS REVIEWED BY THE UNIVERSITY'S PRESIDENT, CHIEF FINANCIAL OFFICER AND IN-HOUSE LEGAL COUNSEL AS WELL AS PRICEWATERHOUSECOOPERS, LLP THE UNIVERSITY'S OUTSIDE TAX ADVISORS. A DRAFT FORM 990 IS THEN PRESENTED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR APPROVAL, FOLLOWED BY DISTRIBUTION OF THE FINAL COPY OF FORM 990 TO ALL MEMBERS OF THE BOARD OF TRUSTEES BEFORE IT IS FILED.
CORE FORM, PART VI, SECTION B, LINE 12CCOMPLIANCE WITH CONFLICT OF INTEREST POLICY CONFLICT OF INTEREST POLICY DISCLOSURE FORMS (THE "DISCLOSURE FORMS") ARE ANNUALLY SUBMITTED TO AND RETRIEVED FROM THE UNIVERSITY'S TRUSTEES, OFFICERS, DEANS AND KEY EMPLOYEES. THE DISCLOSURE FORMS FOR OFFICERS, DEANS AND KEY EMPLOYEES ARE REVIEWED BY THE VICE PRESIDENT OF HUMAN RESOURCES AND UNIVERSITY IN-HOUSE LEGAL COUNSEL. POTENTIAL OFFICER, DEAN AND KEY EMPLOYEE CONFLICTS ARE VETTED WITH SUPERVISORS IN CONSULTATION WITH THE VICE PRESIDENT OF HUMAN RESOURCES AND UNIVERSITY'S IN-HOUSE LEGAL COUNSEL. THE DISCLOSURE FORMS FOR THE TRUSTEES ARE REVIEWED BY UNIVERSITY IN-HOUSE LEGAL COUNSEL, WHO PREPARES A SPREADSHEET LISTING POTENTIAL TRUSTEE CONFLICTS FOR REVIEW BY THE BOARD'S COMMITTEE OF TRUSTEES. THIS LISTING IS USED AS (1) A GUIDE TO ENSURE THAT CONFLICTED TRUSTEES ARE RECUSED FROM DISCUSSIONS AND VOTING WHEN APPROPRIATE AND (2) INPUT TO ASSESS DISCLOSURES IN THE UNIVERSITY'S FORM 990.
CORE FORM 990, PART VI, SECTION B, LINE 15PROCESS FOR DETERMINING COMPENSATION FOR OFFICERS AND KEY EMPLOYEES EACH YEAR, THE CHAIR OF THE UNIVERSITY'S BOARD OF TRUSTEES REQUESTS THE HUMAN RESOURCES DEPARTMENT TO COLLECT COMPARATIVE PRESIDENTIAL COMPENSATION DATA FROM THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA-HR), AS WELL AS PUBLISHED FORM 990 DATA FROM SUCH SOURCES AS THE CHRONICLE OF HIGHER EDUCATION, AS A BASIS IN SETTING THE ANNUAL COMPENSATION OF THE PRESIDENT OF THE UNIVERSITY FOR THE UPCOMING YEAR. WITH RESPECT TO OTHER UNIVERSITY OFFICERS, DEANS AND KEY EMPLOYEES, EACH YEAR PRIOR COMPARABILITY DATA FROM PEER INSTITUTIONS IS COLLECTED AND SUMMARIZED FOR REVIEW BY THE PRESIDENT (NINE COMPARABLE DOCTORAL CLASS INSTITUTIONS OF SIMILAR SIZE, SCOPE AND ORGANIZATIONAL COMPLEXITY, LOCALLY AND NATIONALLY, USED AS COMPARATORS FOR SEVERAL ACADEMIC AND FINANCIAL SCOPES ACROSS THE UNIVERSITY). THIS DATA OBTAINED VIA SURVEY IS USED BY THE PRESIDENT TO PRESENT COMPENSATION ADJUSTMENTS TO THE UNIVERSITY'S INDEPENDENT COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE COMPETITIVE DATA OBTAINED IS ALSO USED WHEN DETERMINING COMPENSATION OFFERS FOR NEW HIRES AT THE EXECUTIVE LEVEL. ONCE THIS DATA IS COLLECTED AND PRESENTED FOR APPROVAL BY THE COMPENSATION COMMITTEE AND THE BOARD OF TRUSTEES, DOCUMENTATION OF THE SURROUNDING DISCUSSIONS AND DECISIONS IS PREPARED BY THE SPECIAL ASSISTANT TO THE BOARD OF TRUSTEES AND FILED WITH THE UNIVERSITY ARCHIVIST, ALONG WITH THE RELATED MINUTES OF THE MEETINGS FOR HISTORICAL RECORD. THE UNIVERSITY FURTHER HAS A ROBUST PERFORMANCE EVALUATION PROCESS IN PLACE, THE RESULTS OF WHICH ARE CONSIDERED DURING THE COMPENSATION DETERMINATION PROCESS. THE UNIVERSITY'S PRESIDENT DOES NOT TAKE PART IN BOARD VOTING RELATING TO MATTERS INVOLVING HIS COMPENSATION, BENEFITS AND OTHER TERMS AND CONDITIONS OF HIS EMPLOYMENT, OR PARTICIPATE IN OR ATTEND BOARD MEETINGS AND DISCUSSIONS RELATING THERETO, EXCEPT AT TIMES WHEN RESPONDING TO QUESTIONS FROM THE COMPENSATION COMMITTEE.
CORE FORM, PART V, LINE 4A AND 4BFINANCIAL ACCOUNTS IN A FOREIGN COUNTRY THE UNIVERSITY'S FINANCIAL HOLDINGS IN ANY FOREIGN COUNTRY ARE LIMITED TO EQUITY INTERESTS IN COMMINGLED INVESTMENT VEHICLES. ACCORDINGLY, THE UNIVERSITY IS NOT REQUIRED TO FILE FINCEN REPORT 114 (FORMERLY FORM TD F 90-22.1) REPORT OF FOREIGN BANK AND FINANCIAL ACCOUNTS.
CORE FORM, PART VI, SECTION C, LINE 19AVAILABILITY OF GOVERNING AND OTHER DOCUMENTS TO THE PUBLIC THE UNIVERSITY'S AUDITED FINANCIAL STATEMENTS AND THE CONFLICT OF INTEREST POLICY ARE POSTED ON ITS WEBSITE. FORM 990 AND 990-T ARE AVAILABLE UPON REQUEST. THE UNIVERSITY'S GOVERNING DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC.
CORE FORM, PART III, LINE 4OTHER PROGRAM SERVICE ACTIVITIES A DESCRIPTION OF THE UNIVERSITY'S OTHER SIGNIFICANT PROGRAM SERVICE ACTIVITIES ARE AS FOLLOWS: ACADEMIC SUPPORT- TO PROVIDE FACILITIES AND PERSONNEL TO SUPPORT INSTRUCTIONAL STAFF IN EDUCATIONAL EFFORTS SUCH AS LIBRARIES, ACADEMIC COMPUTER CENTERS, AUDIO VISUAL AIDS, ETC. STUDENT SERVICES- TO MEET NON-INSTRUCTIONAL NEEDS OF STUDENTS SUCH AS ADMISSIONS, REGISTRATION, COUNSELING, CAREER PLANNING, AND SOCIAL AND CULTURAL ACTIVITIES. RESEARCH- TO SUPPORT ACTIVITIES SPECIFICALLY ORGANIZED TO PRODUCE RESEARCH, WHETHER COMMISSIONED BY AN AGENCY EXTERNAL TO THE UNIVERSITY OR SEPARATELY BUDGETED BY AN ORGANIZATIONAL UNIT WITHIN THE UNIVERSITY.
FORM 990, PART XI, LINE 9, OTHER CHANGES IN NET ASSETSCHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT OF $72,083

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
PACE ENVIRONMENTAL LITIGATION CLINIC
78 NORTH BROADWAYWHITE PLAINSNY10603133709483EDUCATIONNY501(C)(3)11(A)NAYes (true)
JOHN JAY LEGAL SERVICES INC
80 NORTH BROADWAYWHITE PLAINSNY10603133403308EDUCATIONNY501(C)(3)11(A)NAYes (true)

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

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

US Address USAddress

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

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1PACE UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Predominant Income TypeEXCLUDEDPredominantIncomeTypeTxt
Share Of Total Income$4,816,752ShareOfTotalIncomeAmt
Share Of EOY Assets$133,345,971ShareOfEOYAssetsAmt
Disproportionate AllocationsfalseDisproportionateAllocationsInd
UBI Code V-$14,263UBICodeVAmt
General Or Managing PartnerfalseGeneralOrManagingPartnerInd
Ownership0.99999OwnershipPct

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

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

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1PACE UNIVERSITY FUND LPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction Type1CTransactionTypeTxt
Involved$37,844,686InvolvedAmt
Method Of Amount DeterminationBOOKMethodOfAmountDeterminationTxt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE R, PART III - RELATED ORGANIZATION TAXABLE PARTNERSHIPFormAndLineReferenceDesc
ExplanationPACE UNIVERSITY FUND, LP (PACE FUND) IS A LIMITED PARTNERSHIP, WHICH COMMENCED OPERATIONS ON DECEMBER 4, 2013, IN WHICH THE UNIVERSITY IS THE SOLE LIMITED PARTNER AND CAMBRIDGE ASSOCIATES RESOURCES, LLC IS THE GENERAL PARTNER. THE PARTNERSHIP ACTS AS AN INVESTMENT VEHICLE FOR A SIGNIFICANT PORTION OF THE UNIVERSITY'S ENDOWMENT. THE PACE FUND IS RECORDED AT NET ASSET VALUE AT JUNE 30, 2018.ExplanationTxt