UNIVERSITY OF RICHMOND: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
UNIVERSITY OF RICHMOND (EIN 54-0505965)
Tax period
2017-07-01 to 2018-06-30
Filed
2019-05-14
IRS object ID
201941349349307889
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)
Return2019-05-14T16:29:21-05:00ReturnTs
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 Line1600 13TH ST NW STE 1000AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN540505965EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1UNIVERSITY OF RICHMONDBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% LAURIE F MELVILLEInCareOfNm
Business Name ControlUNIVBusinessNameControlTxt
Phone8042898150PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1201 MARYLAND HALLAddressLine1Txt
CityRICHMONDCityNm
State AbbreviationVAStateAbbreviationCd
ZIP231730001ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDAVID B HALEPersonNm
Person TitleEXEC VP & COOPersonTitleTxt
Phone8044841523PhoneNum
Signature2019-05-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTRAVIS L PATTONPreparerPersonNm
PTINP00369623PTIN
Phone2024141000PhoneNum
Preparation2019-05-14PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address155.201.188.33IPv4AddressTxt
FieldValueIRS element (for citing)
Federal Original Submission Id52580220191345000008FederalOriginalSubmissionId
Federal Original Submission Id2019-05-14FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdF55A57D81DD50C6B5B899FA1A423B736A71EDF12AtSubmissionCreationDeviceId
At Submission Filing Device IdAE0EB305D9BFC798E0CBA337B15EAAD549938CAAAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRONALD A CRUTCHERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1201 MARYLAND HALLAddressLine1Txt
CityRICHMONDCityNm
State AbbreviationVAStateAbbreviationCd
ZIP231730001ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$902,718,561GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.RICHMOND.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1830FormationYr
Legal Domicile StateVALegalDomicileStateCd
Activity Or MissionTO OPERATE A UNIVERSITY FOR ACADEMIC SCIENTIFIC, AND PROFESSIONAL EDUCATION AND LEARNING.ActivityOrMissionDesc
Voting Members Governing Body28VotingMembersGoverningBodyCnt
Voting Members Independent26VotingMembersIndependentCnt
Total Employee4856TotalEmployeeCnt
Total Volunteers2291TotalVolunteersCnt
Total Gross UBI$16,702,769TotalGrossUBIAmt
PY Contributions Grants$19,563,241PYContributionsGrantsAmt
CY Contributions Grants$23,366,511CYContributionsGrantsAmt
PY Program Service Revenue$204,896,683PYProgramServiceRevenueAmt
CY Program Service Revenue$208,047,050CYProgramServiceRevenueAmt
PY Investment Income$219,076,416PYInvestmentIncomeAmt
CY Investment Income$171,854,460CYInvestmentIncomeAmt
PY Other Revenue$43,166,414PYOtherRevenueAmt
CY Other Revenue$46,355,102CYOtherRevenueAmt
PY Total Revenue$486,702,754PYTotalRevenueAmt
CY Total Revenue$449,623,123CYTotalRevenueAmt
PY Grants And Similar Paid$78,819,693PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$83,682,154CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$175,194,921PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$183,788,398CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$155,219PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$166,999CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$12,262,623CYTotalFundraisingExpenseAmt
PY Other Expenses$105,494,067PYOtherExpensesAmt
CY Other Expenses$107,343,883CYOtherExpensesAmt
PY Total Expenses$359,663,900PYTotalExpensesAmt
CY Total Expenses$374,981,434CYTotalExpensesAmt
PY Revenues Less Expenses$127,038,854PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$74,641,689CYRevenuesLessExpensesAmt
Total Assets BOY$2,898,239,320TotalAssetsBOYAmt
Total Assets EOY$3,063,808,657TotalAssetsEOYAmt
Total Liabilities BOY$351,010,163TotalLiabilitiesBOYAmt
Total Liabilities EOY$359,412,441TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,547,229,157NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,704,396,216NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF THE UNIVERSITY OF RICHMOND IS TO EDUCATE IN AN ACADEMICALLY CHALLENGING, INTELLECTUALLY VIBRANT, AND COLLABORATIVE COMMUNITY DEDICATED TO THE HOLISTIC DEVELOPMENT OF STUDENTS AND THE PRODUCTION OF SCHOLARLY AND CREATIVE WORK. A RICHMOND EDUCATION PREPARES STUDENTS FOR LIVES OF PURPOSE, THOUGHTFUL INQUIRY, AND RESPONSIBLE LEADERSHIP IN A DIVERSE WORLD. FORGING OUR FUTURE, BUILDING FROM STRENGTH, THE UNIVERSITY'S STRATEGIC PLAN, ESTABLISHES HOW RICHMOND WILL PURSUE ITS MISSION. THE LARGER PURPOSE IS TO OPERATE AS A LEADER IN HIGHER EDUCATION, PREPARING STUDENTS TO CONTRIBUTE TO, AND SUCCEED IN, A COMPLEX WORLD; PRODUCING KNOWLEDGE TO ADDRESS THE WORLDS PROBLEMS; AND MODELING THE WAY THAT COLLEGES AND UNIVERSITIES CAN EFFECTIVELY MEET THE CHALLENGES OF OUR TIME. THE STRATEGIC PLAN AIMS TO FULFILL THE MISSION ESTABLISHED BY THE BOARD OF TRUSTEES: "TO EDUCATE IN AN ACADEMICALLY CHALLENGING, INTELLECTUALLY VIBRANT, AND COLLABORATIVE COMMUNITY DEDICATED TO THE HOLISTIC DEVELOPMMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$171,669,464ExpenseAmt
Grant$83,329,247GrantAmt
Revenue$196,018,966RevenueAmt
DescINSTRUCTION - SEE SCHEDULE ODesc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$48,636,116ExpenseAmt
DescACADEMIC SUPPORT - SEE SCHEDULE ODesc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$45,107,430ExpenseAmt
Revenue$32,470,344RevenueAmt
DescAUXILIARY ENTERPRISES - SEE SCHEDULE ODesc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$47,921,281TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$352,907TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$4,758,592TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$313,334,291TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
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 AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (true)MoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
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 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 EntityYes (true)DisregardedEntityInd
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 Document5724IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee4856EmployeeCnt
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 RlnYes (true)FamilyOrBusinessRlnInd
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 FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonLAURIE F MELVILLEPersonNm
Phone8042898150PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1201 MARYLAND HALLAddressLine1Txt
CityRICHMONDCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23173ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (47 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
PATRICIA L ROWLAND
RECTOR7.00.0Yes (X)Yes (X)$0$0$0
LEONARD W SANDRIDGE JR
VICE-RECTOR7.00.0Yes (X)Yes (X)$0$0$0
RONALD A CRUTCHER
PRESIDENT40.00.0Yes (X)Yes (X)$596,154$0$213,433
STEPHEN J ARONSON
TRUSTEE2.00.0Yes (X)$0$0$0
R LEWIS BOGGS
TRUSTEE2.00.0Yes (X)$0$0$0
ALAN W BREED
TRUSTEE2.00.0Yes (X)$0$0$0
TIMOTHY W FINCHEM
TRUSTEE2.00.0Yes (X)$0$0$0
ROGER L GREGORY
TRUSTEE2.00.0Yes (X)$0$0$0
H HITER HARRIS III
TRUSTEE2.00.0Yes (X)$0$0$0
JOSEPH P JANGRO
TRUSTEE2.00.0Yes (X)$0$0$0
JEFFREY M LACKER
TRUSTEE2.00.0Yes (X)$0$0$0
HERBERT H MCDADE III
TRUSTEE2.00.0Yes (X)$0$0$0
WILLIAM H MCLEAN
TRUSTEE2.00.0Yes (X)$0$0$0
LELAND D MELVIN
TRUSTEE2.00.0Yes (X)$0$0$0
LOUIS W MOELCHERT JR
TRUSTEE2.00.0Yes (X)$0$0$0
SD ROBERTS MOORE
TRUSTEE2.00.0Yes (X)$0$0$0
KAREN G O'MALEY
TRUSTEE2.00.0Yes (X)$0$0$0
PAUL B QUEALLY
TRUSTEE2.00.0Yes (X)$0$0$0
SUSAN G QUISENBERRY
TRUSTEE2.00.0Yes (X)$0$0$0
ROBERT E RIGSBY
TRUSTEE2.00.0Yes (X)$0$0$0
GREGORY S ROGOWSKI
TRUSTEE2.00.0Yes (X)$0$0$0
SUZANNE F THOMAS
TRUSTEE2.00.0Yes (X)$0$0$0
MICHAEL P WALRATH
TRUSTEE2.00.0Yes (X)$0$0$0
ALLISON P WEINSTEIN
TRUSTEE2.00.0Yes (X)$0$0$0
JEFF A BROWN
TRUSTEE2.00.0Yes (X)$0$0$0
JAMES C DAVIS
TRUSTEE2.00.0Yes (X)$0$0$0
MARIANA LOPEZ DE LARA
TRUSTEE2.00.0Yes (X)$0$0$0
S GEORGIA NUGENT
TRUSTEE2.00.0Yes (X)$0$0$0
DAVID HALE
EVP & COO / TREASURER40.00.0Yes (X)$433,745$0$54,555
ANN LLOYD BREEDEN
VP & SECRETARY40.00.0Yes (X)$239,518$0$30,032
JEFFREY W LEGRO
EVP & PROVOST40.00.0Yes (X)$185,909$0$18,356
ROBIN BLANDFORD
PRESIDENT, SMC40.00.0$1,777,121$0$33,815Yes (X)
KEITH MCINTOSH
VP FOR INFORMATION SERVICES40.00.0$255,604$0$25,190Yes (X)
STEPHEN BISESE
VP, STUDENT DEVELOPMENT40.00.0$229,371$0$35,523Yes (X)
PATRICE RANKINE
DEAN, SCHOOL OF ARTS & SCIENCE40.00.0$238,418$0$24,872Yes (X)
STEPHANIE DUPAUL
VP FOR ENROLLMENT MANAGEMENT40.00.0$284,730$0$29,275Yes (X)
WENDY PERDUE
DEAN, LAW40.00.0$392,052$0$50,819Yes (X)
CHRISTOPHER MOONEY
BASKETBALL COACH40.00.0$799,962$0$461,874Yes (X)
STEVEN HENDERSON
DIRECTOR, SMC40.00.0$692,307$0$36,933Yes (X)
PAUL COSTELLO
COO, SMC40.00.0$668,239$0$81,348Yes (X)
KAREN WELCH
DIRECTOR, SMC40.00.0$676,490$0$22,433Yes (X)
KATHERYN SCOTT
DIRECTOR, SMC40.00.0$594,685$0$39,001Yes (X)
STEPHEN ALLRED
FMR PROVOST & VP ACAD AFFAIRS40.00.0$285,479$0$31,265Yes (X)
EDWARD AYERS
FORMER PRESIDENT40.00.0$550,242$0$31,990Yes (X)
JACQUELINE FETROW
FMR PROVOST & VP ACAD AFFAIRS40.00.0$143,832$0$17,375Yes (X)
LORRAINE SCHUYLER
FORMER CHIEF OF STAFF40.00.0$241,978$0$26,701Yes (X)
KATHLEEN SKERRETT
FMR DEAN, ARTS & SCI40.00.0$224,066$0$23,983Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$9,509,902TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,288,773TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K311IndivRcvdGreaterThan100KCnt
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
KJELLSTROM LEE
1607 OWNBY LNRICHMONDVA23220CONSTRUCTION$9,892,355
T K DAVIS CONSTRUCTION
711 DAWN STRICHMONDVA23222CONSTRUCTION$6,327,099
TRENT CORPORATION
1840 W BROAD STREET SUITE 400RICHMONDVA23233CONSTRUCTION$3,915,954
ETEC MECHANICAL CORP
8820 PARK CENTRAL DRRICHMONDVA23227MECHANICAL CONTR.$2,444,888
RVA CONSTRUCTION LLC
8001 FRANKLIN FARMS DR SUITE 138RICHMONDVA23229CONSTRUCTION$1,584,886
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K28CntrctRcvdGreaterThan100KCnt
Government Grants$2,776,706GovernmentGrantsAmt
All Other Contributions$20,589,805AllOtherContributionsAmt
Noncash Contributions$932,911NoncashContributionsAmt
Total Contributions$23,366,511TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
TUITION & FEES611600$191,730,317$191,730,317
AUXILIARY ENTERPRISES900099$15,662,014$15,024,928$637,086
SUMMER CAMPS & CONFERENCES900099$654,719$654,719
FieldValueIRS element (for citing)
Total Program Service Revenue$208,047,050TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$144,876,781TotalRevenueColumnAmt
Unrelated Business Revenue-$5,743,286UnrelatedBusinessRevenueAmt
Exclusion$150,620,067ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

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

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$76,821TotalRevenueColumnAmt
Related Or Exempt Func Income$76,821RelatedOrExemptFuncIncomeAmt

Rental Income Or Loss RentalIncomeOrLossGrp

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

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

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

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$470,695,730SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$442,747,369SecuritiesAmt
Other$970,682OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$27,948,361SecuritiesAmt
Other-$970,682OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$26,977,679TotalRevenueColumnAmt
Exclusion$26,977,679ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Fundraising Direct Expenses$0FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
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$25,486,611GrossSalesOfInventoryAmt
Cost Of Goods Sold$9,377,387CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$16,109,224TotalRevenueColumnAmt
Related Or Exempt Func Income$16,076,790RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$32,434UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INVESTMENT MANAGEMENT525990$20,385,688$20,385,688
ATHLETICS REVENUE900099$4,758,592$4,758,592
OTHER MISCELLANEOUS INCOME900099$5,024,777$736,128$4,288,649
FieldValueIRS element (for citing)
Other Revenue Total$30,169,057OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$449,623,123TotalRevenueColumnAmt
Related Or Exempt Func Income$231,956,097RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$16,702,769UnrelatedBusinessRevenueAmt
Exclusion$177,597,746ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$352,907TotalAmt
Program Services$352,907ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$79,118,859TotalAmt
Program Services$79,118,859ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$4,210,388TotalAmt
Program Services$4,210,388ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$5,430,267TotalAmt
Program Services$1,002,237ProgramServicesAmt
Management And General$4,428,030ManagementAndGeneralAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$920,626TotalAmt
Program Services$920,626ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$136,729,579TotalAmt
Program Services$107,777,604ProgramServicesAmt
Management And General$23,372,501ManagementAndGeneralAmt
Fundraising$5,579,474FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$10,353,765TotalAmt
Program Services$8,136,887ProgramServicesAmt
Management And General$1,794,993ManagementAndGeneralAmt
Fundraising$421,885FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$20,773,368TotalAmt
Program Services$16,024,275ProgramServicesAmt
Management And General$3,893,350ManagementAndGeneralAmt
Fundraising$855,743FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$9,580,793TotalAmt
Program Services$7,375,696ProgramServicesAmt
Management And General$1,829,303ManagementAndGeneralAmt
Fundraising$375,794FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$764,608TotalAmt
Program Services$49,857ProgramServicesAmt
Management And General$714,751ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$392,934TotalAmt
Program Services$16,525ProgramServicesAmt
Management And General$376,409ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$166,999TotalAmt
Fundraising$166,999FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$15,266,020TotalAmt
Program Services$10,546,413ProgramServicesAmt
Management And General$3,762,828ManagementAndGeneralAmt
Fundraising$956,779FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,322,417TotalAmt
Program Services$1,052,637ProgramServicesAmt
Management And General$94,566ManagementAndGeneralAmt
Fundraising$175,214FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$14,584,744TotalAmt
Program Services$11,939,073ProgramServicesAmt
Management And General$1,595,154ManagementAndGeneralAmt
Fundraising$1,050,517FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,820,080TotalAmt
Program Services$2,441,641ProgramServicesAmt
Management And General$366,772ManagementAndGeneralAmt
Fundraising$11,667FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$10,180,209TotalAmt
Program Services$8,205,758ProgramServicesAmt
Management And General$376,290ManagementAndGeneralAmt
Fundraising$1,598,161FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$8,809,350TotalAmt
Program Services$7,498,566ProgramServicesAmt
Management And General$954,366ManagementAndGeneralAmt
Fundraising$356,418FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$8,873,458TotalAmt
Program Services$8,368,519ProgramServicesAmt
Management And General$504,939ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$27,730,256TotalAmt
Program Services$26,257,175ProgramServicesAmt
Management And General$1,473,081ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,497,035TotalAmt
Program Services$871,798ProgramServicesAmt
Management And General$625,237ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
LIBRARY BOOKS & MATERIALS$5,958,576$5,950,779$7,590$207
EQUIP RENTAL & MAINTENANCE$3,857,517$1,828,717$2,013,987$14,813
TAXES$43,015$37,882$5,133
NONCAPITAL EQUIP./MATERIALS$1,844,141$837,115$1,006,966$60

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,399,523TotalAmt
Program Services$2,512,357ProgramServicesAmt
Management And General$188,274ManagementAndGeneralAmt
Fundraising$698,892FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$374,981,434TotalAmt
Program Services$313,334,291ProgramServicesAmt
Management And General$49,384,520ManagementAndGeneralAmt
Fundraising$12,262,623FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

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

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$88,544,879BOYAmt
EOY$56,395,670EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$9,914,533BOYAmt
EOY$9,638,266EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$7,890,037BOYAmt
EOY$8,038,129EOYAmt

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$8,021,845BOYAmt
EOY$7,575,111EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$2,224,005BOYAmt
EOY$2,539,373EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$6,446,146BOYAmt
EOY$8,041,341EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$756,043,173LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$414,569,660LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$334,194,598BOYAmt
EOY$341,473,513EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$40,704,849BOYAmt
EOY$136,090,280EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$2,394,027,339BOYAmt
EOY$2,461,204,759EOYAmt

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$6,271,089BOYAmt
EOY$32,812,215EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,898,239,320BOYAmt
EOY$3,063,808,657EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$46,923,456BOYAmt
EOY$69,603,981EOYAmt

Grants Payable GrantsPayableGrp

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

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$8,341,644BOYAmt
EOY$7,355,580EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$200,740,527BOYAmt
EOY$197,970,933EOYAmt

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$40,000,000BOYAmt
EOY$40,000,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$55,004,536BOYAmt
EOY$44,481,947EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$351,010,163BOYAmt
EOY$359,412,441EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,288,345,315BOYAmt
EOY$1,370,736,343EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$866,452,433BOYAmt
EOY$930,633,827EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$392,431,409BOYAmt
EOY$403,026,046EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,547,229,157BOYAmt
EOY$2,704,396,216EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,898,239,320BOYAmt
EOY$3,063,808,657EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$74,641,689ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$74,217,574NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$8,307,796OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
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 D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmountsArtPublicExhibitionAmountsGrp
Held Works ArtHeldWorksArtGrp
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Solicited Assets SalefalseSolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,373,505,908BeginningYearBalanceAmt
Contributions$7,493,970ContributionsAmt
Investment Earnings Or Losses$237,714,357InvestmentEarningsOrLossesAmt
Other Expenditures$119,319,615OtherExpendituresAmt
Administrative Expenses$6,703,745AdministrativeExpensesAmt
End Year Balance$2,492,690,875EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,164,442,207BeginningYearBalanceAmt
Contributions$3,072,357ContributionsAmt
Investment Earnings Or Losses$285,866,999InvestmentEarningsOrLossesAmt
Other Expenditures$58,242,108OtherExpendituresAmt
Administrative Expenses$64,553AdministrativeExpensesAmt
End Year Balance$2,395,074,902EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,382,914,693BeginningYearBalanceAmt
Contributions$6,414,698ContributionsAmt
Investment Earnings Or Losses-$89,919,766InvestmentEarningsOrLossesAmt
Other Expenditures$135,127,849OtherExpendituresAmt
Administrative Expenses-$160,431AdministrativeExpensesAmt
End Year Balance$2,164,442,207EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,349,468,126BeginningYearBalanceAmt
Contributions$10,853,584ContributionsAmt
Investment Earnings Or Losses$138,688,911InvestmentEarningsOrLossesAmt
Other Expenditures$116,116,208OtherExpendituresAmt
Administrative Expenses-$20,280AdministrativeExpensesAmt
End Year Balance$2,382,914,693EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,038,585,053BeginningYearBalanceAmt
Contributions$18,661,356ContributionsAmt
Investment Earnings Or Losses$339,508,185InvestmentEarningsOrLossesAmt
Other Expenditures$47,148,938OtherExpendituresAmt
Administrative Expenses$137,530AdministrativeExpensesAmt
End Year Balance$2,349,468,126EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.50000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.15000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.35000TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (true)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgYes (true)EndowmentsHeldRelatedOrgInd
Related Org List Sch RYes (true)RelatedOrgListSchRInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,644,583OtherCostOrOtherBasisAmt
Book Value$6,644,583BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$557,323,756OtherCostOrOtherBasisAmt
Depreciation$238,702,041DepreciationAmt
Book Value$318,621,715BookValueAmt
FieldValueIRS element (for citing)
Leasehold ImprovementsLeaseholdImprovementsGrp

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$95,636,721OtherCostOrOtherBasisAmt
Depreciation$83,357,299DepreciationAmt
Book Value$12,279,422BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$96,438,113OtherCostOrOtherBasisAmt
Depreciation$92,510,320DepreciationAmt
Book Value$3,927,793BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$341,473,513TotalBookValueLandBuildingsAmt
Financial DerivativesFinancialDerivativesGrp
Closely Held Equity InterestsCloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (4 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
INVESTMENTS-HEDGE FUNDS$1,532,247,602F
INVESTMENTS-PRIVATE EQUITY$555,460,869F
INVESTMENTS-OTHER FUNDS$371,382,119F
INVESTMENTS-COMMINGLED FUNDS$2,114,169F
FieldValueIRS element (for citing)
Total Book Value Securities$2,461,204,759TotalBookValueSecuritiesAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)

DescDescAmtAmt
ANNUITIES PAYABLE$4,061,522
POST RETIREMENT BENEFITS$17,196,159
INTEREST RATE SWAP LIABILITY$18,774,838
US GOV'T GRANTS REFUNDABLE$3,810,836
FEDERAL INCOME TAXES$545,586
FUNDS HELD ON BEHALF OF OTHERS$93,006
FieldValueIRS element (for citing)
Total Liability$44,481,947TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 1A:THE UNIVERSITYS COLLECTIONS OF HISTORICALLY SIGNIFICANT ARTIFACTS, SCIENTIFIC SPECIMENS, AND ART OBJECTS ARE HELD FOR EDUCATION, RESEARCH, SCIENTIFIC INQUIRY, AND PUBLIC EXHIBITION. THEIR VALUE IS NOT REFLECTED IN THE UNIVERSITYS CONSOLIDATED FINANCIAL STATEMENTS, AS PERMITTED BY U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP).
PART III, LINE 4:THE LIBRARY OWNS SEVERAL THOUSAND RARE BOOKS, FACSIMILE SHEETS OF MEDIEVAL MUSIC, AND PORTRAITS OF FIGURES ASSOCIATED WITH THE UNIVERSITY'S HISTORY. THESE ARE USED FOR TEACHING, STUDY, AND RESEARCH. THE COLLECTIONS OF THE UNIVERSITY MUSEUMS INCLUDE FINE ART, ARTIFACTS, AND DECORATIVE ARTS, DATING FROM THE ANCIENT CULTURES IN GREECE AND CHINA TO CONTEMPORARY WORKS OF ART. THE MUSEUMS PROVIDE THE OPPORTUNITY FOR THE APPRECIATION, KNOWLEDGE, RESEARCH, AND SCHOLARSHIP OF ART, CULTURAL HISTORY, AND SCIENCE THROUGH ON-CAMPUS AND TRAVELING EXHIBITIONS, SCHOLARLY PUBLICATIONS AS WELL AS ACADEMIC AND PUBLIC EDUCATIONAL PROGRAMS. THESE PROGRAMS INCLUDE SPECIAL COURSES, LECTURES, GALLERY TALKS, ARTISTS' RESIDENCIES, WORKSHOPS, SYMPOSIA, AND OTHER EVENTS. THE MUSEUMS' EDUCATION AND RESEARCH ACTIVITIES COMPLEMENT AND SUPPORT THE EDUCATIONAL MISSION OF THE UNIVERSITY OF RICHMOND BY BEING INTEGRATED WITH THE UNIVERSITY'S ACADEMIC PROGRAMS AND UTILIZING STUDENT, FACULTY, AND STAFF INVOLVEMENT, INTERNSHIPS, RESEARCH FELLOWSHIPS, AND WORK/STUDY POSITIONS FOR STUDENTS TO ENHANCE THE MUSEUMS' OFFERINGS.
PART V, LINE 1:IN FY18 THE UNIVERSITY RETROSPECTIVELY ADOPTED ASU 2015-02, CONSOLIDATION (TOPIC 810) AND ASU 2017-02, NOT-FOR-PROFIT ENTITIES - CONSOLIDATION (SUBTOPIC 958-810). AS A RESULT, THE UNIVERSITY DETERMINED THAT THE RICHMOND FUND IS NO LONGER REQUIRED TO BE CONSLIDATED AND THE CORRESPONDING ASSETS, LIABILITIES, OPERATING ACTIVITIES, AND CASH FLOW WERE REMOVED FROM THE CONSOLIDATED FINANCIAL STATEMENTS. UNDER THE NEW GUIDANCE 2017 BEGINNING BALANCE, ACTIVITY, AND ENDING BALANCE WERE IMPACTED.
PART V, LINE 4:THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 1,400 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, SUCH AS SCHOLARSHIPS AND CONTRIBUTIONS TO EDUCATIONAL AND GENERAL EXPENSES. THE SPENDING POLICY ALLOWS ENDOWMENT FUNDS TO MEET CURRENT OPERATING NEEDS OF THE UNIVERSITY BY PROVIDING YEAR-TO-YEAR BUDGET STABILITY, AND PROTECTS THE FUTURE PURCHASING POWER OF THE ENDOWMENT ASSETS AGAINST THE IMPACT OF INFLATION.
PART X, LINE 2:UNCERTAIN TAX POSITION FOOTNOTE THE UNIVERSITY IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE CODE). AS SUCH, THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES TO THE EXTENT PROVIDED UNDER SECTION 501 OF THE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE UNIVERSITY ACCOUNTS FOR UNCERTAIN TAX POSITIONS, WHEN APPLICABLE. NO INTEREST EXPENSE OR PENALTIES HAVE BEEN RECOGNIZED AS OF AND FOR THE YEAR ENDED JUNE 30, 2018. THE TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION BY THE MAJOR TAX JURISDICTIONS UNDER THE STATUTE ARE FROM THE YEAR 2014 FORWARD. THE RICHMOND FUND, RFMC AND RICHMOND QUANDRANGLE, LLC DO NOT RECORD PROVISIONS FOR INCOME TAXES BECAUSE THE PARTNERS AND MEMBERS REPORT THEIR SHARE OF THE ENTITIES' INCOME OR LOSS ON THEIR RESPECTIVE INCOME TAX RETURNS.

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
PART I, LINE 3:A POLICY OF NON-DISCRIMINATION IS CONTAINED IN ALL UNIVERSITY CATALOGS AND GENERAL SEARCH PUBLICATIONS SENT TO HIGH SCHOOLS AND POTENTIAL APPLICANTS IN ENROLLMENT APPLICATIONS, AND ON-LINE CATALOGS.
PART I, LINE 6A:THE UNIVERSITY RECEIVES FINANCIAL SUPPORT FROM AGENCIES OF THE FEDERAL GOVERNMENT TO PROVIDE FINANCIAL AID TO STUDENTS AND FOR RESEARCH PURPOSES. ADDITIONAL FINANCIAL AID SUPPORT IS RECEIVED FROM AGENCIES OF THE COMMONWEALTH OF VIRGINIA. A COMPLETE LIST OF AGENCIES AND AMOUNTS IS ON FILE.

Schedule F IRS990ScheduleF

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

Account Activities Outside US AccountActivitiesOutsideUSGrp (17 entries)

RegionRegionTxtType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmtEmployeeEmployeeCntSpecific Services ProvidedSpecificServicesProvidedTxt
Central America and the CaribbeanInvestments$1,174,688,925
Europe (Including Iceland and Greenland)Investments$47,104,313
North AmericaInvestments$58,852,602
Sub-Saharan AfricaInvestments$49,336,418
Central America and the CaribbeanGrantmaking$25,080
East Asia and the PacificGrantmaking$919,768
Europe (Including Iceland and Greenland)Grantmaking$2,841,584
Middle East and North AfricaGrantmaking$55,571
North AmericaGrantmaking$26,228
Russia and the Newly Independent StatesGrantmaking$69,585
South AmericaGrantmaking$224,557
Sub-Saharan AfricaGrantmaking$47,015
South AsiaGrantmaking$1,000
East Asia and the PacificProgram Services$495,3717STUDY ABROAD
Europe (Including Iceland and Greenland)Program Services$1,901,85932STUDY ABROAD
Middle East and North AfricaProgram Services$28,4431STUDY ABROAD
South AmericaProgram Services$39,9724STUDY ABROAD
FieldValueIRS element (for citing)
Subtotal Employees44SubtotalEmployeesCnt
Total Employee44TotalEmployeeCnt
Subtotal Spent$1,336,658,291SubtotalSpentAmt
Total Spent$1,336,658,291TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (9 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtDescription Of Non Cash AsstDescriptionOfNonCashAsstTxtValuation Method UsedValuationMethodUsedDesc
STUDY ABROAD SCHOLARSHIPSCentral America and the Caribbean1$25,080STUDENT ACCTN/AN/A
STUDY ABROAD SCHOLARSHIPSEast Asia and the Pacific91$919,768STUDENT ACCTN/AN/A
STUDY ABROAD SCHOLARSHIPSEurope (Including Iceland and Greenland)329$2,841,584STUDENT ACCTN/AN/A
STUDY ABROAD SCHOLARSHIPSMiddle East and North Africa6$55,571STUDENT ACCTN/AN/A
STUDY ABROAD SCHOLARSHIPSNorth America1$26,228STUDENT ACCTN/AN/A
STUDY ABROAD SCHOLARSHIPSRussia and the Newly Independent States3$69,585STUDENT ACCTN/AN/A
STUDY ABROAD SCHOLARSHIPSSouth America17$224,557STUDENT ACCTN/AN/A
STUDY ABROAD SCHOLARSHIPSSouth Asia1$1,000STUDENT ACCTN/AN/A
STUDY ABROAD SCHOLARSHIPSSub-Saharan Africa8$47,015STUDENT ACCTN/AN/A
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

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationGRANTS AWARDED TO INDIVIDUALS OUTSIDE THE UNITED STATES BY THE UNIVERSITY OF RICHMOND CONSIST OF FINANCIAL AID IN THE FORM OF SCHOLARSHIPS AND GRANTS TO STUDENTS STUDYING ABROAD. STUDENTS RECEIVING THESE GRANTS ARE DETERMINED TO BE WORTHY ON THE BASIS OF THE UNIVERSITY'S ASSESSMENT OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER SIMILAR CRITERIA. THE OFFICE OF FINANCIAL AID MONITORS STUDENTS' ELIGIBILITY FOR THESE FUNDS IN ACCORDANCE WITH INSTITUTIONAL POLICIES AND STANDARDS.ExplanationTxt

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
ActivitySOLICITOR CONSULTINGActivityTxt
Fundraiser Control Of FundsfalseFundraiserControlOfFundsInd
Retained By Contractor$166,999RetainedByContractorAmt
Net To Organization-$166,999NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Retained By Contractors$166,999TotalRetainedByContractorsAmt
Total Net To Organization-$166,999TotalNetToOrganizationAmt
Licensed StatesALLicensedStatesCd
Licensed StatesAKLicensedStatesCd
Licensed StatesAZLicensedStatesCd
Licensed StatesARLicensedStatesCd
Licensed StatesCALicensedStatesCd
Licensed StatesCOLicensedStatesCd
Licensed StatesCTLicensedStatesCd
Licensed StatesDELicensedStatesCd
Licensed StatesDCLicensedStatesCd
Licensed StatesFLLicensedStatesCd
Licensed StatesGALicensedStatesCd
Licensed StatesHILicensedStatesCd
Licensed StatesIDLicensedStatesCd
Licensed StatesILLicensedStatesCd
Licensed StatesINLicensedStatesCd
Licensed StatesIALicensedStatesCd
Licensed StatesKSLicensedStatesCd
Licensed StatesKYLicensedStatesCd
Licensed StatesLALicensedStatesCd
Licensed StatesMELicensedStatesCd
Licensed StatesMDLicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesMILicensedStatesCd
Licensed StatesMNLicensedStatesCd
Licensed StatesMSLicensedStatesCd
Licensed StatesMOLicensedStatesCd
Licensed StatesMTLicensedStatesCd
Licensed StatesNELicensedStatesCd
Licensed StatesNVLicensedStatesCd
Licensed StatesNHLicensedStatesCd
Licensed StatesNJLicensedStatesCd
Licensed StatesNMLicensedStatesCd
Licensed StatesNYLicensedStatesCd
Licensed StatesNCLicensedStatesCd
Licensed StatesNDLicensedStatesCd
Licensed StatesOHLicensedStatesCd
Licensed StatesOKLicensedStatesCd
Licensed StatesORLicensedStatesCd
Licensed StatesPALicensedStatesCd
Licensed StatesPRLicensedStatesCd
Licensed StatesRILicensedStatesCd
Licensed StatesSCLicensedStatesCd
Licensed StatesSDLicensedStatesCd
Licensed StatesTNLicensedStatesCd
Licensed StatesTXLicensedStatesCd
Licensed StatesUTLicensedStatesCd
Licensed StatesVTLicensedStatesCd
Licensed StatesVALicensedStatesCd
Licensed StatesWALicensedStatesCd
Licensed StatesWVLicensedStatesCd
Licensed StatesWILicensedStatesCd
Licensed StatesWYLicensedStatesCd

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (8 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDescPurpose Of GrantPurposeOfGrantTxt
VA DEPT OF REHAB SERVICES
8004 FRANKLIN FARMS DRRICHMONDVA23229540756941VA$48,652N/AN/AGRANT SUBAWARD FROM SPONSORED RESEARCH FUNDS
GEORGE WASHINGTON UNIVERSITY
45155 RESEARCH PLASHBURNVA20147530196584501(C)(3)$146,371N/AN/AGRANT SUBAWARD FROM SPONSORED RESEARCH FUNDS
YALE UNIVERSITY
PO BOX 1873NEW HAVENCT06508060646973501(C)(3)$20,814N/AN/AGRANT SUBAWARD FROM SPONSORED RESEARCH FUNDS
EASTERN VIRGINIA MEDICAL SCHOOL
358 MOWBRAY ARCHNORFOLKVA23507546055378501(C)(3)$45,337N/AN/AGRANT SUBAWARD FROM SPONSORED RESEARCH FUNDS
UNIVERSITY OF NOTRE DAME
724 GRACE HALLNOTRE DAMEIN46556380868188501 (C)(3)$16,029N/AN/AGRANT SUBAWARD FROM SPONSORED RESEARCH FUNDS
VIRGINIA COMMONWEALTH UNIVERSITY
800 E LEIGH STRICHMONDVA23284546001758VA$19,932N/AN/AGRANT SUBAWARD FROM SPONSORED RESEARCH FUNDS
UNIV OF MD CTR FOR ENVIRON SCI
PO BOX 775CAMBRIDGEMD21613526002033MD$19,467N/AN/AGRANT SUBAWARD FROM SPONSORED RESEARCH FUNDS
UNIVERSITY OF MIAMI
1320 S DIXIE HWY SUITE 650CORAL GABLESFL33146590624458501(C)(3)$36,305N/AN/AGRANT SUBAWARD FROM SPONSORED RESEARCH FUNDS
FieldValueIRS element (for citing)
Total501c3 Org8Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSTUDENT GRANTS AND SCHOLARSHIPSGrantTypeTxt
Recipient2471RecipientCnt
Cash Grant$79,118,859CashGrantAmt
Valuation Method UsedN/AValuationMethodUsedDesc
Non Cash AssistanceN/ANonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceMONITORING PROCEDURES- FORM 990, SCHEDULE I, PART I, LINE 2FormAndLineReferenceDesc
ExplanationGRANTS AWARDED TO INDIVIDUALS BY THE UNIVERSITY OF RICHMOND CONSIST OF STUDENT FINANCIAL AID IN THE FORM OF SCHOLARSHIPS AND GRANTS. STUDENTS RECEIVING THESE GRANTS ARE DETERMINED TO BE WORTHY ON THE BASIS OF THE UNIVERSITY'S ASSESSMENT OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER SIMILAR CRITERIA. THE OFFICE OF FINANCIAL AID MONITORS STUDENTS' ELIGIBILITY FOR THESE FUNDS IN ACCORDANCE WITH INSTITUTIONAL POLICIES AND STANDARDS. GRANTS MADE TO ORGANIZATIONS LOCATED IN THE UNITED STATES WERE MADE PURSUANT TO THE UNIVERSITYS POLICIES AND PROCEDURES FOR GRANT SUBAWARDS. SUBAWARD ACTIVITY IS MONITORED PRIMARILY BY THE GRANTS ACCOUNTING OFFICE. SUBAWARD DOCUMENTATION, INCLUDING INVOICES, RECEIPTS, PAYMENT REQUESTS, AND SIMILAR RECORDS, IS REVIEWED TO ENSURE THAT THEY COMPLY WITH INSTITUTIONAL POLICIES, THE REQUIREMENTS UNDER THE UNIFORM GUIDANCE AND THE SPECIFIC GRANT AGREEMENT, AND HAVE THE APPROVAL OF THE PRINCIPAL INVESTIGATOR.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Travel For CompanionsYes (X)TravelForCompanionsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssfalseWrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsYes (true)CompBsdOnRevRelatedOrgsInd
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 (20 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtBonus Filing OrganizationBonusFilingOrganizationAmountOther Compensation Filing OrgOtherCompensationFilingOrgAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmt
RONALD A CRUTCHER
PRESIDENT$515,499$20,000$60,655$70,000$143,433$809,587
DAVID HALE
EVP & COO / TREASURER$393,187$20,000$20,558$40,208$14,347$488,300
ANN LLOYD BREEDEN
VP & SECRETARY$239,428$90$24,413$5,619$269,550
ROBIN BLANDFORD
PRESIDENT, SMC$568,997$1,207,739$385$27,000$6,815$1,810,936
KEITH MCINTOSH
VP FOR INFORMATION SERVICES$234,857$15,000$5,747$23,558$1,632$280,794
STEPHEN BISESE
VP, STUDENT DEVELOPMENT$228,988$383$23,811$11,712$264,894
PATRICE RANKINE
DEAN, SCHOOL OF ARTS & SCIENCE$229,004$9,414$22,997$1,875$263,290
STEPHANIE DUPAUL
VP FOR ENROLLMENT MANAGEMENT$284,592$138$27,000$2,275$314,005
WENDY PERDUE
DEAN, LAW$379,693$12,359$38,964$11,855$442,871
CHRISTOPHER MOONEY
BASKETBALL COACH$497,299$10,000$292,663$449,091$12,783$1,261,836
STEVEN HENDERSON
DIRECTOR, SMC$280,979$411,069$259$27,000$9,933$729,240
PAUL COSTELLO
COO, SMC$280,479$387,502$258$27,000$54,348$749,587
KAREN WELCH
DIRECTOR, SMC$266,979$409,451$60$13,500$8,933$698,923
KATHERYN SCOTT
DIRECTOR, SMC$247,911$346,720$54$26,000$13,001$633,686
STEPHEN ALLRED
FMR PROVOST & VP ACAD AFFAIRS$284,747$732$27,000$4,265$316,744
EDWARD AYERS
FORMER PRESIDENT$549,845$397$27,000$4,990$582,232
JACQUELINE FETROW
FMR PROVOST & VP ACAD AFFAIRS$143,240$592$14,521$2,854$161,207
LORRAINE SCHUYLER
FORMER CHIEF OF STAFF$241,388$590$24,289$2,412$268,679
KATHLEEN SKERRETT
FMR DEAN, ARTS & SCI$181,325$42,741$22,171$1,812$248,049
JEFFREY W LEGRO
EVP & PROVOST$144,657$15,000$26,252$14,792$3,564$204,265

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1A:FIRST-CLASS OR CHARTER TRAVEL - THE MEN'S BASKETBALL COACH OCCASIONALLY TRAVELS WITH HIS TEAM BY MEANS OF CHARTER TRAVEL FOR SCHEDULED COMPETITIONS. THE VALUE IS NOT TREATED AS TAXABLE COMPENSATION. THE PRESIDENT IS PERMITTED TO FLY FIRST-CLASS FOR TRIPS EXCEEDING THREE HOURS IN DURATION. TRAVEL FOR COMPANIONS - FIRST-CLASS TRAVEL, UP TO A CONTRACTUALLY DEFINED LIMIT, IS PERMITTED UNDER THE PRESIDENTS EMPLOYMENT CONTRACT. THE TRAVEL EXPENSE FOR THE PRESIDENTS SPOUSE WAS NOT TREATED AS TAXABLE COMPENSATION BECAUSE THE TRAVEL WAS FOR UNIVERSITY BUSINESS PURPOSES. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE - THE PRESIDENT IS REQUIRED TO LIVE ON CAMPUS IN A UNIVERSITY-PROVIDED HOME AS A CONDITION OF EMPLOYMENT. THE VALUE OF THIS LODGING IS NOT REPORTED AS TAXABLE COMPENSATION. SOCIAL CLUB MEMBERSHIP - THE PRESIDENT HOLDS A MEMBERSHIP IN A SOCIAL CLUB FOR THE PURPOSE OF CARRYING OUT UNIVERSITY BUSINESS. PART I, LINE 1B: THE PROVISION OF NON-STANDARD BENEFITS IS DETERMINED BY THE PRESIDENT, FOR SENIOR LEADERS AND KEY EMPLOYEES, AND THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES, FOR THE PRESIDENT. FACTORS CONSIDERED ARE WHETHER THE BENEFIT UNDER CONSIDERATION IS COMMONLY PROVIDED TO INDIVIDUALS IN SIMILAR POSITIONS AT SIMILAR ORGANIZATIONS; WHETHER THE BENEFIT IS NECESSARY FOR THE INDIVIDUAL TO SUCCESSFULLY FULFILL HIS OR HER JOB RESPONSIBILITIES; AND WHETHER, IN THE CONTEXT OF THE INDIVIDUAL'S OVERALL COMPENSATION, THE PROVISION OF THE NON-STANDARD BENEFIT IS REASONABLE.
PART I, LINE 4B:CHRISTOPHER MOONEY DEFERRED $422,091 IN A SECTION 457(F) PLAN DURING 2017. RONALD CRUTCHER DEFERRED $25,000 IN A SECTION 457(F) PLAN DURING THE YEAR.
PART I, LINE 5B:ROBIN BLANDFORD, STEVEN HENDERSON, KAREN WELCH, AND PAUL COSTELLO RECEIVED BONUSES BASED ON THE GROSS REVENUES OF THE RICHMOND FUND MANAGEMENT COMPANY. THE BONUS AMOUNT FOR EACH INDIVIDUAL WAS CALCULATED AT CONTRACTUALLY DEFINED PERCENTAGES.
PART I, LINE 7:RONALD CRUTCHER, DAVID HALE, KEITH MCINTOSH, STEVEN HENDERSON, PAUL COSTELLO, KAREN WELCH AND KATHRYN SCOTT RECEIVED NON-FIXED PAYMENTS RELATED TO RECOGNITION AND/OR PERFORMANCE.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
VA COLLEGE BUILDING AUTHORITY
A541249154927781CR32006-11-08$17,830,000CONSTRUCT DORM & BOILER PLANTfalsefalsefalse
VA COLLEGE BUILDING AUTHORITY
B541249154927781YF52011-02-28$45,587,682REFUND PRIOR ISSUEfalsefalsefalse
VA COLLEGE BUILDING AUTHORITY
C5412491549277803U82004-08-05$15,069,000REFUND PRIOR ISSUEfalsefalsefalse
VA COLLEGE BUILDING AUTHORITY
D5412491549277802U82004-08-05$30,931,000CONSTRUCT SCIENCE BLDG & FORUMfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 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$0$0$18,449,627$0$0$0$66,980$14,282$0$18,368,365$0$02009falsefalseYes (true)Yes (true)
B$0$0$45,587,682$0$0$0$502,682$0$0$0$45,085,000$02011Yes (true)falseYes (true)Yes (true)
C$0$0$15,069,000$0$0$0$69,000$0$0$0$15,000,000$01996Yes (true)falseYes (true)Yes (true)
D$0$0$31,070,375$0$0$0$141,136$0$0$30,929,239$0$02006falsefalseYes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny 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 PropChangeInUseBondFinancedPropIndRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
AfalsefalsefalseYes (true)Yes (true)0.000000.009500.00950falsefalsefalseYes (true)
BfalsefalsefalseYes (true)Yes (true)00.001300.00130falsefalsefalseYes (true)
C0
Dfalsefalsefalsefalse0falsefalsefalseYes (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)Yes (true)falsefalse0falseYes (true)
0
BfalsefalseYes (true)falsefalsefalsefalse0falseYes (true)
0
CfalsefalsefalseYes (true)Yes (true)falsefalse0falseYes (true)
0
DfalsefalsefalseYes (true)Yes (true)falsefalse0falseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

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

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II, LINE 3:FormAndLineReferenceDesc
ExplanationPART I, COLUMN (F) THE DATE OF ISSUE FOR EACH OF THE REFUNDING ISSUES IS AS FOLLOWS: CUSIP# 927781YF5 - 2009 CUSIP# 9277803U8 - 1994 CUSIP# 927781CR3 - 1991, 1996 CUSIP# 927781YDO - 1975, 1977, 1979, 1988, 2002 PART II, LINE 3: THE AMOUNT REPORTED ON PART II, LINE 3 FOR CUSIP# 927781E75 INCLUDES $23,507 OF INVESTMENT INCOME RECEIVED ON THE UNEXPENDED PROCEEDS. THE AMOUNT REPORTED ON PART II, LINE 3 FOR CUSIP# 927781CR3 INCLUDES $619,627 OF INVESTMENT INCOME RECEIVED ON THE UNEXPENDED PROCEEDS. THE AMOUNT REPORTED ON PART II, LINE 3 FOR CUSIP #9277802U8 INCLUDES $139,375 OF INVESTMENT INCOME RECEIVED ON THE UNEXPENDED PROCEEDS. PART IV, LINE 2C: CUSIP# 9277803U8 - REBATE COMPUTATION PERFORMED 8/17/09; CUSIP# 9277802U8 - REBATE COMPUTATION PERFORMED 8/17/09; CUSIP# 927781CR3 - REBATE COMPUTATION PERFORMED 3/24/10.ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
VA COLLEGE BUILDING AUTHORITY
A541249154927781CR32006-11-08$38,070,000REFUND PRIOR ISSUEfalsefalsefalse
VA COLLEGE BUILDING AUTHORITY
B541249154927781YD02011-02-01$29,846,165REFUND PRIOR ISSUEfalsefalsefalse
VA COLLEGE BUILDING AUTHORITY
C541249154927781E752012-11-06$61,684,083CONSTRUCT STDNT HOUS & RENOV ARENAfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 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$0$0$38,070,000$0$0$0$140,000$30,000$0$0$37,900,000$01997Yes (true)falseYes (true)Yes (true)
B$0$0$29,846,165$0$0$0$231,165$0$0$0$29,615,000$02006Yes (true)falseYes (true)Yes (true)
C$0$0$61,707,590$0$0$0$549,940$0$0$61,157,650$0$02015falsefalseYes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCdPrivate Bus Use By OthersPrivateBusUseByOthersPctOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A0
B0
C0falsefalsefalsefalse0.011300.01130falsefalsefalseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 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
AfalsefalseYes (true)falseYes (true)falsefalse0falseYes (true)
0
BfalsefalsefalseYes (true)falsefalsefalse0falseYes (true)
0
Cfalsefalsefalsefalsefalsefalsefalse0falseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

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

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (5 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
NATHANIEL B AYERS
FMLY MMBR OF FMR. OFFICER$59,581EMPLOYEE COMPENSATIONfalse
PROPERTY INVESTMENT ADVISORS
TRUSTEE IS 50% OWNER$529,856INVESTMENT MGMT SERVICESfalse
SUBSTANTIAL CONTRIBUTOR
SUBSTANTIAL CONTRIBUTOR$256,930EVENTS MANAGEMENTfalse
WILTON COMPANIES
FMR TRUSTEE IS OFFICER$250,499LEASE PAYMENTSfalse
SUBSTANTIAL CONTRIBUTOR
SUBSTANTIAL CONTRIBUTOR$146,335PROFESSIONAL SERVICESfalse

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$0NoncashContributionsRptF990Amt
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
Contribution74ContributionCnt
Noncash Contributions Rpt F990$925,977NoncashContributionsRptF990Amt
Method Of Determining RevenuesMARKET QUOTATIONMethodOfDeterminingRevenuesTxt
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

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescCHARTER FLIGHT COSTSDesc
Contribution1ContributionCnt
Noncash Contributions Rpt F990$6,934NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
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 (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, COLUMN (B):THE AMOUNT SHOWN IN PART I, COLUMN (B) FOR "NUMBER OF CONTRIBUTIONS" REPRESENTS THE TOTAL NUMBER OF ITEMS CONTRIBUTED AND NOT NECESSARILY THE TOTAL NUMBER OF CONTRIBUTIONS CONTRIBUTED.
PART I, LINE 33DONATED ARTWORK IS HELD FOR PURPOSES OF EDUCATION, RESEARCH, SCIENTIFIC INQUIRY AND PUBLIC EXHIBITION. AS PERMITTED UNDER FASB ASC TOPIC 958 AND DISCLOSED IN ITS FINANCIAL STATEMENTS, THE UNIVERSITY HAS ELECTED NOT TO REPORT THE VALUE OF THESE ITEMS AS REVENUE IN ITS STATEMENT OF ACTIVITIES.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, PROGRAM SERVICE ACCOMPLISHMENTS:PART III, LINE 4A - INSTRUCTION - THE UNIVERSITY OF RICHMOND ENDEAVORS TO OFFER ITS STUDENTS THE HIGHEST QUALITY EDUCATION POSSIBLE, MAKING AVAILABLE TOP-OF-THE-LINE RESOURCES AND FACILITIES. BY MAINTAINING AN 8:1 FACULTY TO STUDENT RATIO, EACH STUDENT HAS THE OPPORTUNITY TO ENJOY A PERSONAL AND UNIQUE LEARNING EXPERIENCE. THE KEY CHARACTERISTICS OF THE UNIVERSITY'S INSTRUCTIONAL FOUNDATION ARE A CHALLENGING LEARNING ENVIRONMENT, SMALL CLASSES, A HIGH QUALITY OF STUDENT LIFE, A COORDINATE COLLEGE SYSTEM, A COMMITMENT TO SERVICE, OPPORTUNITIES FOR MORAL AND SPIRITUAL DEVELOPMENT, A MIXTURE OF ENRICHING ACADEMIC AND CO-CURRICULAR EXPERIENCES, A SENSE OF COMMUNITY, AND A SPIRIT OF INNOVATION. THERE ARE APPROXIMATELY 4,000 STUDENTS. PART III, LINE 4B - ACADEMIC SUPPORT - THE RESPECTIVE DEAN'S OFFICES OF EACH OF THE FIVE SCHOOLS OVERSEE THE MAINTENANCE AND DEVELOPMENT OF THE SCHOOL TO ENSURE THAT THEY MAINTAIN THE HIGH LEVEL OF ACADEMIC INTEGRITY THAT HAS BECOME THE STANDARD OF THE UNIVERSITY OF RICHMOND. THE UNIVERSITY OFFERS OPPORTUNITIES FOR CONTINUING EDUCATION IN EACH PROFESSOR'S SPECIALTY AS WELL AS IN NEW TEACHING METHODS AND TECHNOLOGY, WHILE FACULTY COMMITTEES WORK TOWARD CONTINUOUS IMPROVEMENT IN ALL AREAS OF STUDENT INSTRUCTION. ACADEMIC COMPUTING PROVIDES INFORMATION TECHNOLOGY TO ENHANCE THE ACADEMIC RESOURCES AVAILABLE TO PROFESSORS AND STUDENTS, AND TO THE COMMUNITY THROUGH THE UNIVERSITY LIBRARY. LECTURE FUNDS ARE SET ASIDE TO PAY FOR VISITING SPEAKERS ON TOPICS RELEVANT TO ACADEMIC STUDIES OFFERED. PART III, LINE 4C - AUXILIARY ENTERPRISES - THE HOUSING OFFICE STRIVES TO MAINTAIN A COMFORTABLE LIVING ENVIRONMENT FOR THE 92% OF THE STUDENT BODY THAT RESIDES ON CAMPUS EACH YEAR. DINING SERVICES AUGMENTS THESE EFFORTS BY ENSURING STUDENTS HAVE ACCESS TO EXEMPLARY SERVICE, OUTSTANDING QUALITY FOOD, WITH A PASSION AND COMMITMENT TO EXCELLENCE. THE BOOKSTORE ENSURES THAT MEMBERS OF THE UNIVERSITY COMMUNITY HAVE AN AFFORDABLE, CONVENIENT OPTION FOR UNIVERSITY OF RICHMOND TEXTBOOKS, GEAR, AND SUPPLIES. PRINTING SERVICES OFFERS TOP-QUALITY GRAPHIC COMMUNICATIONS FOR STUDENTS, FACULTY AND STAFF.
FORM 990, PART III, LINE 4D - OTHER PROGRAM SERVICES:STUDENT SERVICES - STUDENT DEVELOPMENT PROVIDES ON-CAMPUS PHYSICAL AND MENTAL HEALTH SERVICES, ACADEMIC AND CAREER COUNSELING, VARIOUS FRATERNITY, SORORITY AND EXTRACURRICULAR ACTIVITIES, AND ORGANIZATIONS THAT WORK TO UPHOLD THE UNIVERSITY'S CORE PRINCIPLES OF DIVERSITY AND INCLUSION. RECREATION AND WELLNESS PROVIDES THE CAMPUS COMMUNITY WITH OUTSTANDING RECREATIONAL FACILITIES, FITNESS AND WELLNESS PROGRAMS, INTRAMURALS, AND SPORT CLUBS. IT ALSO SUPPORTS MULTIPLE STUDENT GOVERNMENT ASSOCIATIONS, WHICH VOICE THE STUDENTS' CONCERNS AND OPINIONS, AS WELL AS SERVES AS A LIAISON BETWEEN STUDENTS AND ADMINISTRATION, FACULTY, AND STAFF. UNDERGRADUATE AND LAW SCHOOL ADMISSION OFFICES COUNSEL THOUSANDS OF PROSPECTIVE APPLICANTS AND MAKE THEM FEEL WELCOME AT THE UNIVERSITY, WHILE PROVIDING SUPPORT FOR ACCEPTED STUDENTS. THE UNIVERSITY LIBRARIES SERVE THE CAMPUS COMMUNITY AND THE PUBLIC AND ARE A DESIGNATED FEDERAL DOCUMENT REPOSITORY. THE ATHLETIC DEPARTMENT IS COMMITTED TO THE PRINCIPLES OF INSTITUTIONAL CONTROL IN OPERATING ITS PROGRAMS IN A MANNER CONSISTENT WITH THE LETTER AND THE SPIRIT OF THE NCAA, ITS ATHLETIC CONFERENCES, AND UNIVERSITY RULES AND REGULATIONS. EXPENSES: $39,506,026, INCLUDING GRANTS OF: $0. REVENUE: $4,758,592. RESEARCH - THE UNIVERSITY BELIEVES THAT ACADEMIC RESEARCH AT THE FACULTY, STAFF AND STUDENT LEVELS SIGNIFICANTLY IMPROVES THE QUALITY OF EDUCATION OF ALL STUDENTS. THUS, THE UNIVERSITY ENCOURAGES FACULTY, STUDENT AND STAFF RESEARCH BY OPERATING AN OFFICE OF FOUNDATION, CORPORATE AND GOVERNMENT RELATIONS TO ASSIST WITH APPLICATIONS FOR FUNDING; ALLOCATING FUNDS FOR STUDENT AND FACULTY SUMMER RESEARCH PROJECTS, AND TRAVEL TO PARTICIPATE AND PRESENT FINDINGS AT ACADEMIC CONFERENCES; PROVIDING LABS, STUDIOS AND SPECIALIZED CLASSROOMS FOR CONDUCTING RESEARCH; PROVIDING INFRASTRUCTURE NECESSARY TO CONDUCT RESEARCH; EMPLOYING NON-FACULTY PERSONNEL TO MANAGE RESEARCH-RELATED FACILITIES AND CONDUCT EXPERIMENTS. EXPENSES: $5,157,398, INCLUDING GRANTS OF: $352,907. REVENUE: $0. PUBLIC SERVICE - THE BONNER CENTER FOR CIVIC ENGAGEMENT (CCE) AT THE UNIVERSITY OF RICHMOND STRIVES TO BRING TOGETHER CAMPUS AND COMMUNITY MEMBERS IN COLLABORATIVE STUDY, REFLECTION, AND ACTION TO ADDRESS CONTEMPORARY SOCIAL ISSUES. BEYOND ORGANIZING VARIOUS SERVICE-ORIENTED EVENTS ELICITING PARTICIPATION FROM FACULTY, STAFF, AND STUDENTS, THE CCE ALSO ADMINISTERS THE BONNER SCHOLARS PROGRAM (BSP). THE PROGRAM OFFERS FOUR-YEAR SCHOLARSHIP AWARDS TO STUDENTS WITH A SUSTAINED RECORD OF SERVICE AND A HIGH LEVEL OF FINANCIAL NEED. A DIVERSE GROUP OF APPROXIMATELY 100 STUDENTS CURRENTLY PARTICIPATE IN THE BSP AT THE UNIVERSITY OF RICHMOND, MAKING IT THE LARGEST BSP IN THE COUNTRY. THE UNIVERSITY'S OFFICE OF THE CHAPLAINCY SUPPORTS AND COORDINATES UNIVERSITY CAMPUS MINISTERS AND RELIGIOUS ORGANIZATIONS, INTER-RELIGIOUS COMMUNITY AND JUSTICE PROGRAMMING, A WEEKLY UNIVERSITY WORSHIP SERVICE, AND SPIRITUAL AND PASTORAL CARE. THE NUMBER OF PEOPLE SERVED WAS APPROXIMATELY 16,400. EXPENSES: $3,257,857, INCLUDING GRANTS OF: $0. REVENUE: $0.
FORM 990, PART VI, LINE 1A:THE EXECUTIVE COMMITTEE IS AUTHORIZED BY ITS CHARTER TO EXERCISE THE AUTHORITY OF THE BOARD BETWEEN MEETINGS OF THE FULL BOARD ON ALL MATTERS EXCEPT THOSE FOR WHICH AUTHORITY IS SPECIFICALLY RESERVED IN THE BY-LAWS TO THE BOARD OF TRUSTEES. POWERS RESERVED TO THE FULL BOARD OF TRUSTEES INCLUDE THE FOLLOWING: APPOINTING OR REMOVING THE PRESIDENT; FILLING VACANCIES ON THE BOARD OR ITS COMMITTEES; AMENDING THE ARTICLES OF INCORPORATION; ADOPTING, AMENDING OR REPEALING THE BY-LAWS; OR APPROVING A PLAN OF MERGER. WHILE THE EXECUTIVE COMMITTEE MAY AND HAS EXERCISED THE AUTHORITY OF THE BOARD BETWEEN MEETINGS, IT IS EXPECTED THAT TO THE EXTENT POSSIBLE, IT WILL CONSULT WITH OR INFORM THE APPROPRIATE BOARD COMMITTEE CHARGED WITH OVERSIGHT OF A PARTICULAR ITEM OF BUSINESS PRIOR TO THE MATTER COMING BEFORE THE EXECUTIVE COMMITTEE FOR ACTION. IF SUCH CONSULTATION IS NOT FEASIBLE DUE TO TIME CONSTRAINTS OR EXIGENT CIRCUMSTANCES, THE APPROPRIATE COMMITTEE CHAIR(S) WILL BE CONSULTED IN ADVANCE OF THE EXECUTIVE COMMITTEES ACTION AND THE FULL COMMITTEE(S) INFORMED OF THE ACTION AS SOON AS PRACTICABLE THEREAFTER.
FORM 990, PART VI, LINE 2:PAUL B. QUEALLY AND ALAN W. BREED HAVE IDENTIFIED A BUSINESS RELATIONSHIP WITH EACH OTHER. PAUL B. QUEALLY AND HERBERT H. MCDADE III HAVE IDENTIFIED A BUSINESS RELATIONSHIP WITH EACH OTHER. PAUL B. QUEALLY AND LOUIS W. MOELCHERT JR HAVE IDENTIFIED A BUSINESS RELATIONSHIP WITH EACH OTHER. R. LEWIS BOGGS AND PAUL B. QUEALLY HAVE IDENTIFIED A BUSINESS RELATIONSHIP WITH EACH OTHER. R. LEWIS BOGGS AND ROBIN BLANDFORD HAVE IDENTIFIED A BUSINESS RELATIONSHIP WITH EACH OTHER. R. LEWIS BOGGS AND LOUIS W. MOELCHERT JR HAVE IDENTIFIED A BUSINESS RELATIONSHIP WITH EACH OTHER.
FORM 990, PART VI, LINE 11B:THE FORM 990 WAS REVIEWED BY THE UNIVERSITY OF RICHMOND'S VICE PRESIDENT FOR BUSINESS AND FINANCE AND BY ITS GENERAL COUNSEL. FOLLOWING THAT REVIEW, A DRAFT OF THE FORM 990 WAS PROVIDED TO THE UNIVERSITY'S PRESIDENT, RECTOR, AND MEMBERS OF THE UNIVERSITYS EXECUTIVE AND AUDIT AND COMPLIANCE COMMITTEES. A MEETING WAS CONDUCTED TO REVIEW THE FORM 990 AND RESPOND TO ANY QUESTIONS THAT THE GROUP HAD REGARDING THE RETURN. FOLLOWING THAT MEETING, AN ELECTRONIC VERSION OF THE FORM 990 WAS DISTRIBUTED TO THE ENTIRE BOARD OF TRUSTEES. THE STAFF OF THE VICE PRESIDENT FOR BUSINESS AND FINANCE AND THE GENERAL COUNSEL CONDUCTED INFORMATION SESSIONS TO REVIEW THE FORM 990 WITH THE MEMBERS OF THE BOARD OF TRUSTEES AND TO RESPOND TO ANY QUESTIONS. ALL OF THIS OCCURRED PRIOR TO FILING THE FORM 990 WITH THE INTERNAL REVENUE SERVICE. THE RETURN THAT WAS REVIEWED WITH THE BOARD OF TRUSTEES WAS IDENTICAL TO THE ONE FILED WITH THE IRS.
FORM 990, PART VI, LINE 12C:THE UNIVERSITY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY IN SEVERAL WAYS. FIRST, THE UNIVERSITY REQUIRES ALL INDIVIDUALS COVERED BY ITS POLICY TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM ON AN ANNUAL BASIS. THE OFFICE OF THE SECRETARY TO THE BOARD OF TRUSTEES ENSURES THAT ALL COVERED INDIVIDUALS COMPLETE THE DISCLOSURE FORM. PRIOR TO ALL MEETINGS OF THE BOARD OF TRUSTEES OR ANY COMMITTEE THEREOF, THE SECRETARY TO THE BOARD AND THE GENERAL COUNSEL OF THE UNIVERSITY REVIEW THE MEETING AGENDA IN LIGHT OF THE CONFLICT OF INTEREST DISCLOSURES TO IDENTIFY ANY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST THAT MIGHT ARISE. ADDITIONALLY, THE UNIVERSITY'S CONFLICT OF INTEREST POLICY REQUIRES COVERED INDIVIDUALS TO UPDATE THEIR DISCLOSURE FORMS DURING THE YEAR AND TO NOTIFY APPROPRIATE UNIVERSITY OFFICIALS OF ANY ACTUAL OR POTENTIAL CONFLICT THAT MIGHT ARISE PRIOR TO OR IN THE COURSE OF A MEETING. IF THERE IS A CONFLICT OF INTEREST, THE INVOLVED INDIVIDUAL IS REQUIRED TO RECUSE HIM OR HERSELF FROM THE DISCUSSION OF THE MATTER AT ISSUE, TO REFRAIN FROM VOTING ON THE MATTER AND TO REFRAIN FROM SEEKING TO INFLUENCE THE VOTE ON THE MATTER.
FORM 990, PART VI, LINE 15A:THE BOARD OF TRUSTEES HAS DELEGATED AUTHORITY FOR APPROVAL OF THE COMPENSATION OF THE PRESIDENT TO THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE MEMBERS OF THE COMPENSATION COMMITTEE ARE THE RECTOR AND VICE RECTOR OF THE UNIVERSITY AND AT LEAST ONE OTHER MEMBER OF THE BOARD OF TRUSTEES. THE UNIVERSITY ENSURES THAT THE MEMBERS OF THE COMPENSATION COMMITTEE DO NOT HAVE A CONFLICT OF INTEREST WITH REGARD TO ANY MATTER COMING BEFORE THEM. IN SETTING THE INITIAL COMPENSATION AND BENEFITS OF THE PRESIDENT AND IN CONSIDERING ANY MATERIAL AMENDMENT TO HIS EMPLOYMENT AGREEMENT, THE COMPENSATION COMMITTEE HAS ENGAGED AN OUTSIDE COMPENSATION CONSULTANT. THE COMPENSATION CONSULTANT RELIES ON COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS AND HAS OPINED ON THE REASONABLENESS OF THE PRESIDENT'S COMPENSATION. IN CONDUCTING THE ANNUAL REVIEW, THE COMPENSATION COMMITTEE RELIES ON COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE DELIBERATIONS AND DECISIONS OF THE COMPENSATION COMMITTEE ARE DOCUMENTED CONTEMPORANEOUSLY.
FORM 990, PART VI, LINE 15B:THE BOARD OF TRUSTEES HAS DELEGATED AUTHORITY FOR REVIEWING AND APPROVING THE PRESIDENT'S RECOMMENDATIONS REGARDING THE COMPENSATION OF HIS DIRECT REPORTS TO THE COMPENSATION COMMITTEE. THE MEMBERS OF THE COMPENSATION COMMITTEE ARE THE RECTOR AND VICE RECTOR OF THE UNIVERSITY AND AT LEAST ONE OTHER MEMBER OF THE BOARD OF TRUSTEES. THE UNIVERSITY ENSURES THAT THE MEMBERS OF THE COMPENSATION COMMITTEE DO NOT HAVE A CONFLICT OF INTEREST WITH REGARD TO ANY MATTER COMING BEFORE THEM. THE COMPENSATION COMMITTEE UTILIZES COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE COMPENSATION COMMITTEE APPROVES THE COMPENSATION FOR ALL OF THE PRESIDENT'S DIRECT REPORTS AND THE UNIVERSITYS DEANS. IN THE CASE OF OTHER STAFF WHOSE PROPOSED COMPENSATION AT THE TIME OF HIRING EXCEEDS THE BOARD-APPROVED COMPENSATION STRUCTURE FOR UNIVERSITY STAFF, THE COMPENSATION COMMITTEE UTILIZES COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS IN REVIEWING AND APPROVING THE PROPOSED COMPENSATION. THE DELIBERATIONS AND DECISIONS OF THE COMPENSATION COMMITTEE ARE DOCUMENTED CONTEMPORANEOUSLY.
FORM 990, PART VI, LINE 19:THE UNIVERSITY OF RICHMOND MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE ON ITS PUBLIC WEBSITE. THE UNIVERSITY MAKES ITS CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9:OTHER CHANGES IN NET ASSETS OR FUND BALANCES: CHANGE IN FAIR VALUE OF SWAP AGREEMENTS 5,805,356 CHANGE IN PRESENT VALUE - SPLIT INTEREST AGREEMENT (374,704) CHANGE IN POST-RETIREMENT BENEFIT OBLIGATION 2,558,808 RFMC SCHEDULE K-1 REVENUE DIFFERENTIAL 318,336 -------------- TOTAL PART XI, LINE 9: 8,307,796

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
RICHMOND QUADRANGLE LLC
201 MARYLAND HALLRICHMONDVA23173200094353PROPERTY MGMTVA$0$0UR
SPIDER MANAGEMENT COMPANY LLC
201 MARYLAND HALLRICHMONDVA23173261501416INVEST MGMTVA$20,385,688$1,540,510UR
RICHMOND FUND MANAGEMENT COMPANY LLC
201 MARYLAND HALLRICHMONDVA23173261501524INVEST MGMTVA$20,385,688$659,421SMC
SPIDER BUYOUT - GP LLC
6802 PARAGON PLACERICHMONDVA23230000000000INVEST MGMTVA$0$0SMC

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtPredominant Income TypePredominantIncomeTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerIndOwnershipOwnershipPctUBI Code VUBICodeVAmt
PROP HOLDINGS LLC
901 EAST BYRD ST SUITE 150RICHMONDVA23219541738291REAL ESTATE IVAUREXCLUDED-$2,756,232$13,606,877Yes (true)false0.99000
PROP HLDNGS III LLC
901 EAST BYRD ST SUITE 150RICHMONDVA23219651229396REAL ESTATE IVAUREXCLUDED$44,199,332$9,155,221Yes (true)false0.65220
PROP HLDNGS VII LLC
901 EAST BYRD ST SUITE 150RICHMONDVA23219461449900REAL ESTATE IVAUREXCLUDED-$106,592$0Yes (true)false0.00000
ROR PARTNERSHIP
201 MARYLAND HALLRICHMONDVA23173261761403INVEST MGMTVAUREXCLUDED$126,165,083$2,639,862,809falseYes (true)0.53470$2,892,733
RICHMOND FUND LP
6802 PARAGON PLACERICHMONDVA23230261501561INVEST MGMTVARFMCEXCLUDED$21,168,845$11,192,165Yes (true)Yes (true)0.00130-$313,328
SPIDER BUYOUT HOLDINGS LP
6802 PARAGON PLACERICHMONDVA23230364892048INVEST MGMTDESPIDER BUYOUT HEXCLUDED-$815,953$42,041,863Yes (true)Yes (true)0.32308

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Primary ActivitiesPrimaryActivitiesTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
CHARITABLE REMAINDER TRUSTS (12)
CRTNAfalse
CHARITABLE LEAD TRUSTS (1)
CLTNAfalse
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 OrgYes (true)TransferToOtherOrgInd
Transfer From Other OrgYes (true)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (10 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
THE RICHMOND FUND LP
S$14,439,020GAAP
THE RICHMOND FUND LP
R$41,764,726GAAP
ROR PARTNERSHIP
B$13,729,291CASH
ROR PARTNERSHIP
S$113,652,198CASH
PROPERTY HOLDINGS LLC
S$2,575,500CASH
PROPERTY HOLDINGS III LLC
S$1,079,348CASH
PROPERTY HOLDINGS VII LLC
S$768,787CASH
THE RICHMOND FUND LP
S$73,182CASH
SPIDER BUYOUT HOLDINGS LP
B$53,739,355CASH
SPIDER BUYOUT HOLDINGS LP
S$10,320,634CASH

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.